MBody AI Completes Name Change After Merger and $10 Million Offering

Faraday Future Intelligent Electric Inc. said it believes it has regained compliance with the Nasdaq Capital Market's Equity Standard as of July 31, 2026, and has maintained compliance through the date of its latest Current Financial Report. The company's Total Stockholders' Equity had fallen to $1.412 million as of June 30, 2026, below the $2.5 million minimum required by Nasdaq Listing Rule 5550(b)(1). During July and August 2026, FF reduced notes payable by approximately $10.0 million based on a preliminary fair valuation of the instrument as of June 30, 2026, lowered its derivative call option liability by approximately $5.8 million, and cut accounts payable and accrued liabilities by approximately $15.3 million, primarily through a $13.5 million reduction in employee-related liabilities and a $2.5 million cleanup of legacy vendor accounts payable. The company said its EAI robot cumulative sales and shipments reached 552 units by August end since deliveries began in February, with positive product gross margin, as it works toward its full-year target of 2,000 units. Nasdaq will continue to monitor the company's ongoing compliance, and final third-quarter 2026 financial results remain subject to auditor review and will be disclosed in the company's Form 10-Q for Q3 2026.

Cheetah Mobile reported second-quarter revenue of RMB266.1 million, up 9.9% year over year and 2.7% sequentially, while its non-GAAP operating loss widened to RMB25.6 million from RMB2.1 million a year earlier. Chief Financial Officer Thomas Jintao Ren attributed the larger loss to lower advertising agency services revenue within global enterprise services and continued investment in robotics commercialization. The cloud and AI infrastructure business was the main growth driver, with revenue up 83.1% year over year to RMB59.1 million, or 22.2% of total revenue, and gross billings exceeding RMB500 million in the quarter; Chairman and CEO Fu Sheng said the company expects cloud and AI infrastructure gross billings to exceed RMB2 billion in 2026, growth of more than 100% year over year, with related revenue surpassing RMB200 million. Robotics and other businesses generated RMB54.5 million in revenue, up 72.5% year over year, helped by the UFACTORY acquisition in July 2025, and smart mobility products began shipping and contributing revenue during the quarter, though the segment's adjusted operating loss widened sequentially to RMB34 million. Internet services revenue fell 17.3% year over year to RMB130.5 million, but adjusted operating profit in that segment rose 14.2% to RMB25.4 million as its adjusted operating margin expanded to 19.4%.

SYNEX Public Company Limited, or SYNEX, has set its 2026 revenue target at 53 billion baht, confident it will meet or exceed the goal after first-half sales reached 23.122 billion baht, with most sales expected to come in the second half. Chief Executive Officer Suthida Mongkolsuthi said key drivers come from new product launches and sales, especially in the Apple product group, where the company aims for sales growth through its many distribution channels and partners. Even though the overall IT industry remains under pressure from supply chain tightness, demand for Apple products in particular is still so high that the company is confident products will sell out as soon as they reach the market. Meanwhile, costs for memory and storage products are likely to keep rising through the end of the year, driven by the AI growth trend that has hyperscalers competing for enormous amounts of hardware components and production capacity. The company manages this risk by diversifying its portfolio of product brands. As for future businesses, the company plans to travel to China in October to negotiate deals and study technology, focusing on commercial service robots, and expects clarity on the new product group and an actual product launch within the fourth quarter of 2026. At the same time, SYNEX is pressing ahead with its shift from distribution to value creation under the concept The Next Chapter of SYNNEX – From Distribution to Value Creation, building on partnerships with more than 70 global technology brands and over 6,000 distribution channels.