BEIJING (Reuters) - As China seeks to race ahead in humanoid robot development, its supply chains showcased cheaper and innovative parts at the world robot conference in Beijing, but some executives warn the industry has yet to improve product reliability. Wisson Technology (Shenzhen), known for its flexible robotic manipulators, doesn't depend on motors and reducers - transmission devices commonly used...

09:16 AM EDT, 08/22/2024 (MT Newswires) -- (Updates to add the latest stock move in the headline and first paragraph.) Advance Auto Parts ( AAP ) shares were down more than 21% in recent Thursday premarket activity after the company posted lower Q2 results and cut its full-year guidance. The company reported fiscal Q2 earnings of $0.75 per diluted share,...

BJ’s Wholesale Club Holdings, Inc. shares are trading lower after reporting its second-quarter financial results. Revenue growth of 4.9% Y/Y to $5.205 billion, beating the analyst consensus estimate of $5.145 billion. Total comparable club sales increased by 3.1%. Comparable club sales, excluding gasoline sales, increased by 2.4%. Membership fee income increased by 9.1% Y/Y to $113.1 million. Digitally enabled comparable sales climbed 22.0%. Gross profit rose to $956.6 million from $896.8 million a...

08:59 AM EDT, 08/22/2024 (MT Newswires) -- Srivaru Holding ( SVMH ) said Thursday it has launched the Prana 2.0 electric motorcycle at an event in Chennai, India. The company said it plans to increase production capacity to almost 10,000 units monthly by the end of this year. Shares of Srivaru ( SVMH ) jumped 98% in recent Thursday premarket...