Swvl and Bank AlJazira in Saudi Arabia Mark Over 100,000 Bookings Milestone in 2025, Accelerating Sustainable Mobility Across Saudi Arabia - Swvl Holdings (NASDAQ:SWVL)

Swvl Holdings (Nasdaq: SWVL) said it signed a contract with Saudi bank Albilad to provide technology-enabled shuttle services across the bank’s network, using Swvl’s platform for route planning, real-time dispatch, and operational optimization. Swvl cited prior GCC contract wins, including Kuwait up to $2.2M, UAE up to $5.5M, and Saudi healthcare up to $1.5M.

Swvl Holdings reported Q1 2026 results for the three months ended March 31, 2026: revenue rose 68% year over year to $8.2M, with GCC revenue up 111% to $3.6M and Egypt revenue up 45% to $4.6M. Gross profit increased 63% to $1.6M. The operating loss narrowed 71% to $0.17M (operating margin -2%). Recurring revenue was 88% and dollar-pegged revenue 44%, with net dollar retention of 114%.

Microsoft (MSFT) received a BUY rating and $600 price target from 24/7 Wall St., citing 43% Azure growth and a $678B commercial RPO backlog. The stock is up 27.81% over the past month and 3.29% year-to-date, with Q4 FY26 revenue of $90.01B and non-GAAP EPS of $4.74. The target implies 18.9% upside, potentially pushing market cap to $5T. Bulls highlight demand outpacing supply, while bears note capital intensity and declining PC revenue.

Eli Lilly and Company's Kenosha facility, acquired in 2024, is part of a $4 billion investment in Wisconsin for injectable medicine production. The site, which received FDA approval in 18 months, is producing drugs like Zepbound and Mounjaro. The facility is expected to support 750 jobs and has attracted attention due to its strategic location and skilled workforce. Wisconsin has also joined a lawsuit against the Trump administration's family planning funding rules. The state collected $450.8 mi

Exelon's CFO Jeanne Jones transitions to a new role as EVP of finance and strategy on Oct. 5, focusing on long-term strategy and capital allocation. Robert Kleczynski will succeed Jones as CFO. Exelon reported Q2 revenue of $5.97 billion, up 10% YoY, beating estimates. The company is investing in infrastructure amid rising electricity demand and pressure to keep customer bills affordable.

Walmart plans to build a $1.3 billion automated fulfillment center in Carnesville, Georgia, creating 1,000 jobs and expanding shipping capacity. The 1.5 million-square-foot facility is part of Walmart's strategy to meet evolving customer expectations for speed and convenience. Construction is expected to begin in late 2026.