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ATTACK SHARK Unveils R11 ULTRA: A Carbon Fiber Flagship Redefining Lightweight Precision in Gaming

NEW YORK, Oct. 31, 2025 /PRNewswire/ — Gaming is no longer just a contest of reflexes and performance. It has evolved into a fusion of technology, vision, and design. Embodying this philosophy, ATTACK SHARK, a gaming peripheral brand specializing in affordable, high-performance mechanical keyboards, gaming mice, and accessories, has recently introduced the R11 ULTRA, its latest flagship carbon fiber gaming mouse. This launch marks a major leap forward in combining advanced material science with top-tier engineering, setting a new benchmark for precision, durability, and responsiveness in professional gaming gear.

ATTACK SHARK R11 ULTRA Carbon Fiber Wireless 8K PAW3950MAX Gaming Mouse
ATTACK SHARK R11 ULTRA Carbon Fiber Wireless 8K PAW3950MAX Gaming Mouse

The R11 ULTRA’s most striking innovation lies in its material: forged dry carbon fiber. Inspired by the full-carbon body of Formula 1 race cars, this material offers an exceptional balance of lightness and strength. With a tensile strength exceeding 3,500 MPa—several times that of steel—dry carbon fiber allows the R11 ULTRA to achieve extreme lightweight construction without compromising structural rigidity. Crafted through a complex multi-stage process that demands artisan-level precision, each shell of the mouse embodies engineering mastery and material artistry.

Beyond its technical merits, the R11 ULTRA also stands out visually. Its unique surface pattern draws inspiration from Damascus steel blades, merging the fluid elegance of forged metal with the high-tech appeal of modern composites. The result is not only a gaming tool but also a statement piece, engineered for both beauty and performance.

At the heart of this flagship lies industry-leading hardware. The R11 ULTRA is equipped with a custom PixArt PAW3950MAX flagship sensor, offering up to 42,000 DPI, 750 IPS tracking speed, and 50G acceleration. Dual-engine architecture powered by the Nordic 52840 chipset ensures a wireless connection that is ultra-stable and virtually lag-free. Powered by an industry-leading 20,000 FPS static scan rate and an ultra-responsive 8,000 Hz polling rate, every click and movement are captured with millisecond precision, setting a new benchmark for speed and accuracy. The proprietary “Hunting Shark Mode” further enhances tracking sensitivity, enabling players to execute even the subtlest maneuvers, which is considered a key advantage in competitive esports environments.

Comfort and durability also reach new heights with the R11 ULTRA. Its Nano-Metal Ice coating stays cool even during marathon gaming, while double-layered feet ensure smooth glide. Omron optical switches rated for 70 million clicks and a 2-million-cycle F-Switch encoder deliver lasting reliability. The combination of refined ergonomics and industrial-grade durability creates an experience tailored for pros and enthusiasts alike. 

Behind this technological achievement stands ATTACK SHARK’s enduring philosophy: precision, speed, and power—qualities symbolized by its emblem of the ultimate predator. The brand’s motto, IGNITE YOUR GAMING JOURNEY, BUILD YOUR GAMING EMPIRE, captures its mission to empower gamers through cutting-edge innovation and craftsmanship. The R11 ULTRA continues the legacy of ATTACK SHARK’s acclaimed lineup, following the success of the R5 ULTRA carbon fiber mouse and the R2 and R3 magnesium alloy models. With a strong presence across North America, Europe, Southeast Asia, South America, the Middle East, Japan, and South Korea, ATTACK SHARK continues to expand its influence in the global gaming hardware landscape.

The introduction of the R11 ULTRA signals the next evolution of gaming precision. By advancing materials engineering and performance optimization, ATTACK SHARK sets higher standards in esports technology, where innovation meets instinct and every motion becomes mastery.

For more information, please visit https://attackshark.com/ or connect with the brand on Social Media and Discord. To place an order, please visit the ATTACK SHARK Amazon Store for US, UK, Europe, and Japan.

SuperX Digital Power Launches Flagship “Panama + Aurora” Full-Chain 800VDC Power Solutions — Dual-Path Breakthrough for Data Center Power Bottlenecks

SINGAPORE, Oct. 31, 2025 /PRNewswire/ — SuperX AI Technology Limited (NASDAQ: SUPX) (“the Company” or “SuperX”), a provider of full-stack AI infrastructure solutions, today announced that its joint venture with Zhonhen Electric Co., Ltd. (“Zhonhen”), SuperX Digital Power Pte. Ltd. (“SuperX Digital Power”), has launched its first two flagship 800V Direct Current (800VDC) power products:

  • SuperX Panama-800VDC end-to-end Solution, designed for new-build data centers, and
  • SuperX Aurora-800VDC Retrofit Solution, tailored for both existing and new data centers.

Together, these innovations enable a major lead in power architecture design, supporting both next-generation hyperscale AI factories and existing data centers, by resolving long-standing power bottlenecks in high-density GPU cluster deployment.

With the next-generation GPU systems such as NVIDIA GB300 NVL72 driving single-rack power demands to 250kW and beyond, traditional AC architectures are reaching their physical limits in conversion efficiency, cable size, power density, and transient response.

Figure 1. NVIDIA Roadmap and SuperX Digital Power’s Products
Figure 1. NVIDIA Roadmap and SuperX Digital Power’s Products

Introducing SuperX Panama-800VDC and Aurora-800VDC

Combining advanced engineering with refined industrial design, the Panama-800VDC and Aurora-800VDC redefine DC power supply solutions for data center infrastructure, addressing diverse application scenarios and promoting a product strategy that supports both retrofit and new-built deployments.

Two Solutions for Different Scenarios

SuperX Panama-800VDC: End-to-end Native Architecture

Designed for new AI hyperscale centers, the Panama system adopts a pure DC path from the medium-voltage grid to the GPU, integrating MV switchgear, phase-shifting transformers, and 800V rectifier cabinets into a one-step power delivery framework.

Key features include:

  • Ultra-high power density and up to 98.5% efficiency.
  • Modular hot-swappable design for online maintenance.
  • Prefabricated deployment for rapid installation.
  • Scalable to 1 MW+ per rack, ideal for AI data-center environments.

SuperX Aurora-800VDC: Modular Retrofit Upgrade Solution

  • Tailored for operating data centers, Aurora enables “non-disruptive” upgrades via modular and customized design, eliminating the need to rebuild main distribution rooms or trunk lines.
  • Single-rack upgrades can be completed within hours, significantly reducing cost and downtime.
  • Scalable from 200 kW to 1 MW and beyond, SuperX Aurora supports seamless transitions and is optimized for next-generation AI data-center deployments exceeding 1 MW.

Figure 2. SuperX 800VDC Product Series
Figure 2. SuperX 800VDC Product Series

Industry Impact: Building a High-Efficiency, Green Compute Foundation

Through a “DC-to-Chip” direct-supply model, the Panama and Aurora systems reduce power conversions from 4–5 stages to just 1–2, achieving up to 98.5% system efficiency.
Together, they deliver four fundamental industrial advantages:

  1. Eliminating Transient Current Peaks
    Built-in energy-storage interfaces and intelligent power-regulation mechanisms buffer millisecond-level GPU load fluctuations ranging from milliseconds to several seconds, ensuring grid stability and equipment safety.
  2. Reducing Copper Usage by Over 45%
    The 800VDC architecture dramatically lowers current for the same power, cutting cable diameter and copper consumption.
    Compared with the traditional AC power systems, a 1 GW data center deploying 800VDC can save an estimated 500,000 tons of copper.
  3. Achieving 98.5% System Conversion Efficiency
    Leveraging advanced GaN and SiC power devices with LLC resonant conversion, the Panama solution ensures high-efficiency transmission from medium-voltage input to GPU chips, minimizing energy loss and operational cost.
  4. Supporting Over 3.6 MW High-Power-Density Racks
    By simplifying power paths and eliminating redundant UPS/PDU units, the Panama system delivers up to 3.6 MW per rack, freeing nearly 50% of rack space for dense GPU deployment.

Customer Value: The “Compute + Power + Cooling” Full-Stack Advantage

Both the Panama-800VDC and Aurora-800VDC systems are fully compatible with NVIDIA Kyber rack architecture.

“We’re not only addressing today’s power bottlenecks. We’re building the sustainable energy foundation for next-generation AI infrastructure,” said Kenny Sng, Chief Technology Officer of SuperX AI Technology Limited. “With Panama and Aurora, SuperX has achieved a true Compute + Cooling + Power tri-stack capability. Whether building greenfield or retrofitting brownfield data centers, our customers gain a high-efficiency, reliable, and low-carbon compute infrastructure—end to end.”

About SuperX AI Technology Limited (NASDAQ: SUPX)

SuperX AI Technology Limited is an AI infrastructure solutions provider, offering a comprehensive portfolio of proprietary hardware, advanced software, and end-to-end services for AI data centers. The Company’s services include advanced solution design and planning, cost-effective infrastructure product integration, and end-to-end operations and maintenance. Its core products include high-performance AI servers, 800 Volts Direct Current (800VDC) solutions, high-density liquid cooling solutions, as well as AI cloud and AI agents. Headquartered in Singapore, the Company serves institutional clients globally, including enterprises, research institutions, and cloud and edge computing deployments. For more information, please visit www.superx.sg

About SuperX Digital Power Pte. Ltd.

SuperX Digital Power Pte. Ltd. is a Singapore joint venture established by a Subsidiary of SuperX AI Technology Limited (NASDAQ: SUPX) and Enervell Power, a subsidiary of Hangzhou Zhonhen Electric Co., Ltd. (SHE: 002364).

Safe Harbor Statement

This press release may contain forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Forward-looking statements are based on current expectations and assumptions that, while considered reasonable are inherently uncertain. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

Forward-looking statements are only predictions. The reader is cautioned not to rely on these forward-looking statements. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. Except as required by law, we are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

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LinkedIn: https://www.linkedin.com/company/superx-ai
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Lake Superior Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing on November 6, 2025

NEW YORK, Oct. 31, 2025 /PRNewswire/ — Lake Superior Acquisition Corp. (the “Company”) today announced that, commencing on November 6, 2025, holders of the 11,500,000 units (the “Units”) sold in the Company’s initial public offering (the “Offering”), including Units sold upon full exercise of the underwriters’ over-allotment option, may elect to separately trade the Class A ordinary shares and rights included in the Units. Any Units not separated will continue to trade on the NASDAQ Global Market (“NASDAQ”) under the symbol “LKSPU.” Any underlying Class A ordinary shares and rights that are separated will trade on the NASDAQ under the symbols “LKSP” and “LKSPR,” respectively. Holders of Units will need to have their brokers contact the Company’s transfer agent, Efficiency, in order to separate the holders’ Units into Class A ordinary shares and rights.

The Units were initially offered by the Company in an underwritten offering. Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC (“CCM”), acted as sole book-running manager of the Offering. A registration statement on Form S-1 (File No. 333-287114) relating to these securities was declared effective by the Securities and Exchange Commission (the “SEC”) on September 30, 2025. The offering is being made only by means of a prospectus. When available, copies of the prospectus relating to this offering may be obtained by contacting Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com, or from the SEC website at www.sec.gov.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Lake Superior Acquisition Corp. 

Lake Superior Acquisition Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company is led by Edward Cong Wang, its CEO and Chairman.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering, the anticipated use of the net proceeds and the search for an initial business combination. No assurance can be given that the net proceeds of the offering will be used as indicated or that the Company will consummate an initial business combination. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Registration Statement and related prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

 

Yalla Group Limited to Report Third Quarter 2025 Financial Results on November 10, 2025 Eastern Time

DUBAI, UAE, Oct. 31, 2025 /PRNewswire/ — Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the third quarter 2025 after the U.S. market closes on Monday, November 10, 2025.

Yalla Group Limited will hold a conference call on Monday, November 10, 2025, at 8:00 PM Eastern Time, 5:00 AM Dubai Time on Tuesday, November 11, 2025, or 9:00 AM Beijing Time on Tuesday, November 11, 2025, to discuss the financial results. Listeners may access the call by dialing the following numbers:

United States Toll Free: 

+1-888-317-6003

International:

+1-412-317-6061

United Arab Emirates Toll Free:

80-003-570-3598

Mainland China Toll Free:

400-120-6115

Hong Kong Toll Free: 

800-963-976

Access Code:

4820370

The replay will be accessible through November 17, 2025, by dialing the following numbers:

United States Toll Free:

+1-855-669-9658

International:

+1-412-317-0088

Access Code:

5560759

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://ir.yalla.com.

About Yalla Group Limited

Yalla Group Limited is the largest MENA-based online social networking and gaming company, in terms of revenue in 2022. The Company operates two flagship mobile applications, Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming application featuring online versions of board games, popular in MENA, with in-game voice chat and localized Majlis functionality. Building on the success of Yalla and Yalla Ludo, the Company continues to add engaging new content, creating a regionally-focused, integrated ecosystem dedicated to fulfilling MENA users’ evolving online social networking and gaming needs. Through its holding subsidiary, Yalla Game Limited, the Company has expanded its capabilities in mid-core and hard-core games in the MENA region, leveraging its local expertise to bring innovative gaming content to its users. In addition, the growing Yalla ecosystem includes YallaChat, an IM product tailored for Arabic users, WeMuslim, a product that supports Arabic users in observing their customs, and casual games such as Yalla Baloot and 101 Okey Yalla, developed to sustain vibrant local gaming communities in MENA. Yalla is also actively exploring outside of MENA with Yalla Parchis, a Ludo game designed for the South American markets. Yalla’s mobile applications deliver a seamless experience that fosters a sense of loyalty and belonging, establishing highly devoted and engaged user communities through close attention to detail and localized appeal that profoundly resonates with users.

For more information, please visit https://ir.yalla.com.

Investor Relations Contact

Yalla Group Limited
Investor Relations
Kerry Gao – IR Director
Tel: +86-571-8980-7962
Email: ir@yalla.com

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
Email: yalla@tpg-ir.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: yalla@tpg-ir.com

Trane Technologies Reports Strong Third Quarter Results

Highlights (third-quarter 2025 versus third-quarter 2024, unless otherwise noted):

  • Record enterprise bookings of $6 billion, up 15 percent; organic bookings up 13 percent
  • Bookings strength led by Americas Commercial HVAC, up approximately 30 percent, applied solutions up over 100 percent
  • GAAP operating margin up 150 bps, adjusted operating margin* up 170 bps
  • GAAP continuing EPS of $3.82; adjusted continuing EPS* of $3.88, up 15 percent
  • Enterprise backlog of $7.2 billion, up 7 percent versus year-end 2024

*This news release contains non-GAAP financial measures. Definitions of the non-GAAP financial measures can be found in the footnotes of this news release. See attached tables for additional details and reconciliations.

SWORDS, Ireland, Oct. 31, 2025 /PRNewswire/ — Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $3.82 for the third quarter of 2025. Adjusted continuing EPS was $3.88, up 15 percent.

Third-Quarter 2025 Results

Financial Comparisons – Third-Quarter Continuing Operations

 

$, millions except EPS

Q3 2025

Q3 2024

Y-O-Y

Organic Y-O-Y
Change

Bookings

$5,979

$5,213

15 %

13 %

Net Revenues

$5,743

$5,441

6 %

4 %

GAAP Operating Income

$1,165

$1,025

14 %

GAAP Operating Margin

20.3 %

18.8 %

150 bps

Adjusted Operating Income*

$1,182

$1,026

15 %

Adjusted Operating Margin*

20.6 %

18.9 %

170 bps

Adjusted EBITDA*

$1,252

$1,127

11 %

Adjusted EBITDA Margin*

21.8 %

20.7 %

110 bps

GAAP Continuing EPS

$3.82

$3.43

11 %

Adjusted Continuing EPS

$3.88

$3.37

15 %

Pre-Tax Non-GAAP Adjustments, net**

$16.7

$1.2

$15.5

**For details see table 2 and 3 of the news release.

“In the third quarter, we delivered 15% adjusted EPS growth and achieved all-time-high quarterly bookings of $6 billion, up 13% organically, despite challenging residential markets,” said Dave Regnery, chair and CEO, Trane Technologies. “Our commercial HVAC business remains strong, and our project pipeline continues to expand as customers increasingly choose Trane Technologies for the most efficient and sustainable solutions.

“Our performance continues to be led by Americas commercial HVAC, with organic bookings up 30% — driven by more than 100% growth in applied solutions — and organic revenue up low-teens in the quarter.

“With our leading innovation, elevated backlog, and strong financial position, we are well-positioned to continue to deliver differentiated shareholder value over the long term.”

Highlights from the Third Quarter of 2025 (all comparisons against third-quarter 2024 unless otherwise noted):

  • Strong bookings of $6 billion, up 15 percent; organic bookings up 13 percent. Bookings strength led by Commercial HVAC, up approximately 30 percent.
  • Book-to-bill was more than 100 percent in Commercial HVAC in all regions.
  • Enterprise reported revenues were up 6 percent; organic revenues were up 4 percent.
  • Excluding Residential, enterprise organic bookings and revenues were up 26 percent and 10 percent, respectively.
  • GAAP operating margin was up 150 basis points, adjusted operating margin was up 170 basis points and adjusted EBITDA margin was up 110 basis points.
  • Volume growth, positive price realization and productivity more than offset inflation. The Company also continued high levels of business reinvestment.

Third-Quarter Business Review (all comparisons against third-quarter 2024 unless otherwise noted)

Americas Segment: innovates for customers in the North America and Latin America regions. The Americas segment encompasses commercial heating, cooling and ventilation systems, building controls and solutions, energy services and solutions, residential heating and cooling; and transport refrigeration systems and solutions.

 

$, millions

Q3 2025

Q3 2024

Y-O-Y Change

Organic Y-O-Y
Change

Bookings

$4,814.6

$4,296.9

12 %

12 %

Net Revenues

$4,663.3

$4,474.9

4 %

4 %

GAAP Operating Income

$1,002.6

$922.3

9 %

GAAP Operating Margin

21.5 %

20.6 %

90 bps

Adjusted Operating Income

$1,018.0

$920.7

11 %

Adjusted Operating Margin

21.8 %

20.6 %

120 bps

Adjusted EBITDA

$1,077.4

$993.9

8 %

Adjusted EBITDA Margin

23.1 %

22.2 %

90 bps

  • Strong bookings of $4.8 billion; reported and organic bookings both up 12 percent.
  • Bookings strength led by Americas Commercial HVAC, up approximately 30 percent, more than offsetting a decline in Residential bookings.
  • Reported and organic revenues were both up 4 percent.
  • Excluding Residential, Americas organic bookings and revenues were up 28 percent and 11 percent respectively.
  • GAAP operating margin was up 90 basis points, adjusted operating margin was up 120 basis points and adjusted EBITDA margin was up 90 basis points.
  • Strong volume growth in Commercial HVAC and positive price realization and productivity across the Americas segment more than offset inflation and lower volumes in Residential. The Company also continued high levels of business reinvestment.

Europe, Middle East and Africa (EMEA) Segment: innovates for customers in the Europe, Middle East and Africa region. The EMEA segment encompasses heating, cooling and ventilation systems, services and solutions for commercial buildings and transport refrigeration systems and solutions.

 

$, millions

Q3 2025

Q3 2024

Y-O-Y Change

Organic Y-O-Y
Change

Bookings

$791.1

$637.0

24 %

14 %

Net Revenues

$749.6

$667.8

12 %

3 %

GAAP Operating Income

$147.0

$137.4

7 %

GAAP Operating Margin

19.6 %

20.6 %

(100) bps

Adjusted Operating Income

$147.9

$137.1

8 %

Adjusted Operating Margin

19.7 %

20.5 %

(80) bps

Adjusted EBITDA

$157.4

$144.3

9 %

Adjusted EBITDA Margin

21.0 %

21.6 %

(60) bps

  • Strong bookings up 24 percent; organic bookings up 14 percent.
  • Reported revenues were up 12 percent including approximately 5 percentage points of positive foreign exchange impact and approximately 4 percentage points related to acquisitions. Organic revenues were up 3 percent.
  • GAAP operating margin was down 100 basis points; adjusted operating margin was down 80 basis points and adjusted EBITDA margin was down 60 basis points.
  • Volume growth and productivity were more than offset by acquisition-related integration costs, and continued high levels of business reinvestment and inflation.

Asia Pacific Segment: innovates for customers throughout the Asia Pacific region. The Asia Pacific segment encompasses heating, cooling and ventilation systems, services and solutions for commercial buildings and transport refrigeration systems and solutions.

 

$, millions

Q3 2025

Q3 2024

Y-O-Y Change

Organic Y-O-Y
Change

Bookings

$373.4

$279.0

34 %

32 %

Net Revenues

$329.6

$298.5

10 %

9 %

GAAP Operating Income

$74.2

$56.9

30 %

GAAP Operating Margin

22.5 %

19.1 %

340 bps

Adjusted Operating Income

$74.2

$56.9

30 %

Adjusted Operating Margin

22.5 %

19.1 %

340 bps

Adjusted EBITDA

$76.8

$62.7

22 %

Adjusted EBITDA Margin

23.3 %

21.0 %

230 bps

  • Strong bookings up 34 percent, organic bookings up 32 percent.
  • Reported revenues were up 10 percent, including approximately 1 percentage point of positive foreign exchange impact. Organic revenues were up 9 percent.
  • GAAP operating margin and adjusted operating margin were up 340 basis points, and adjusted EBITDA margin was up 230 basis points.
  • Strong volume growth, positive price realization and productivity more than offset inflation. The Company also continued high levels of business reinvestment.

Balance Sheet and Cash Flow

$, millions

Q3 2025

Q3 2024

Y-O-Y Change

Cash From Continuing Operating Activities Y-T-D

$2,054

$2,272

($218)

Free Cash Flow Y-T-D*

$1,786

$2,038

($252)

Working Capital/Revenue*

3.9 %

2.2 %

170 bps

Cash Balance June 30

$1,126

$1,928

($802)

Debt Balance June 30

$4,616

$5,269

($653)

  • Through September 30, 2025, cash flow from continuing operating activities was approximately $2.1 billion and free cash flow was approximately $1.8 billion.
  • Year-to-date through October, the Company deployed or committed approximately $2.8 billion of capital including approximately $840 million for dividends, $420 million for M&A, $1.35 billion for share repurchases and $150 million for debt retirement.
  • The Company expects to pay a competitive and growing dividend and to deploy 100 percent of excess cash to shareholders over time.

Full-Year 2025 Guidance

  • The Company expects full-year 2025 reported revenue growth of approximately 7 percent, including 1 percentage point related to acquisitions, and organic revenue growth of approximately 6 percent versus full-year 2024.
  • The Company expects GAAP continuing EPS for full-year 2025 of approximately $13.15 to $13.25, including $0.20 for non-GAAP adjustments. The Company expects adjusted continuing EPS for full-year 2025 of $12.95 to $13.05.
  • Additional information regarding the Company’s 2025 guidance is included in the Company’s third-quarter earnings presentation found at www.tranetechnologies.com in the Investor Relations section.

# # #
10/31/2025
(See Accompanying Tables)

 

Skyscanner Reveals The Seven Trends Shaping Travel In 2026

2026 travel trends include: Glowmads, Shelf Discovery, Altitude Shift, Bookbound, Catching Flights and Feelings, Family Miles, Destination Check-in

LONDON, Oct. 31, 2025 /PRNewswire/ — Skyscanner, a world-leading travel app, launches its Travel Trends 2026 report showcasing the seven key trends which will define travellers’ behaviour in the coming year and outlining the big trends shaping the future of travel.

In 2026, travellers are curating trips that feel more in tune with who they are and what they love. With the cost of living still top of mind, trips in 2026 are being built with purpose. They’re shaped around passions, priorities and a personal sense of ‘worth it’.

Bryan Batista, CEO Skyscanner said: “Skyscanner’s 2026 Travel Trends report shows how travel is about to get more personal than ever. Whether it’s building a trip around a must-stay ‘destination hotel’, getting lost in a new favourite book on a reading retreat, incorporating a beauty routine into their travel itinerary or bringing the whole family along for the journey, travel will become more curated, grounded and unique.”

The report combines Skyscanner’s own data with global consumer research and insights from renowned brands including Reddit, Malin and Goetz, All Trails and Penguin Books to identify the seven trends shaping travel in 2026.

The seven trends shaping travel in 2026:

Glowmads
Beauty rituals will shape how – not just where – we travel.

33% of global travellers want to experience local beauty culture and 20% say that they’re influenced by TikTok and social media[1].

In 2026, skincare and beauty routines will move beyond social feeds and into real-world travel behaviours. From inflight skincare routines to visits to iconic local beauty retailers to buy cult products, beauty becomes part of the itinerary. While Seoul continues to grow as a global symbol of beauty culture, this trend is less about where to go, and more about how beauty shapes the way people travel.

Shelf Discovery
Culinary tourism is swapping restaurant reservations for supermarket safaris. 

35% of global travellers plan to check out or shop at local grocery at their next holiday.

To “eat like a local” now means heading to the snack aisle. From Tokyo vending machines and 7-Eleven Slurpees to Iceland’s geothermal baked bread, gastro-tourism is changing. How people travel for food is now part cultural deep dive, part budget hack, offering a unique glimpse into local life that’s affordable and authentic. 

Altitude Shift
From snow to stillness, travellers are chasing year-round alpine escapes.

Over three quarters (76%) of global travellers are considering or planning a mountain escape for summer or autumn 2026[2].

In 2026, travellers will be heading for higher ground – literally. Travellers are heading to higher ground – not just for the ski slopes, but for serenity too. From the Dolomites to Annapurna to the Canadian Rockies, alpine escapes worldwide are luring people year-round for off-peak peace. Skyscanner has seen an increase of 103% globally YoY of hotel bookings using our “Room with a mountain view” filter.[3]

Bookbound

Writing new chapters on how to escape, reconnect and restore.

Over half (57%) of travellers have booked or would consider a trip inspired by literature[4]. 

Whether it’s tracing the footsteps of fictional heroes, planning a slow holiday around a reading retreat or chasing the world’s most beautiful bookshops and libraries, people are choosing travel and literature to escape, reconnect and restore. This trend is translating onto how people are searching for hotel bookings, with the use of Skyscanner’s “library” filter up 70% globally YoY.[5]

Catching Flights and Feelings

Meeting matches, mates and maybes on the move.

An impressive 55% of travellers have gone or considered going, overseas specifically to meet new people e.g. for friendship or dating[6]. 

As dating habits shift and “catch-up friends” become a thing, more travellers are swapping swipes for real-world sparks – from meeting matches in faraway cities to dating overseas to finding a travel buddy on the road. We saw hotel bookings using the “solo” filter has jumped 83% globally YoY.[7]

Family Miles
Multi-gen trips and family memory making are on the rise.

31% of travellers across the world plan to travel with their family, including multi-generational journeys[8].

Multi-generational travel is on the rise – not just to share costs, but to reclaim time together and create long-lasting memories between parents, kids and grandparents. 

With budget a factor and many 20-somethings living at home, families – especially younger generations – are getting creative about how and where they travel. 

Destination Check-in

Hotels are the main event, shaping where and why we travel.

29% will stay in accommodation that’s part of the travel experience or destination itself[9].

More than ever, travellers are choosing where to go based on where they want to stay. Hotels are no longer a place to just bed down – they’re the destination itself. From stunning architecture to transportive design to the overall vibe, travellers are prioritising unique stays. And as younger travellers (and their social feeds) fuel the dupe obsession, unusual accommodation is redefining what it means to “travel the world” without the long-haul flight. 

The Future of Travel

The future of travel Is curated, considered and cleverer than ever before. With 84% saying they’ll go abroad as much – or more – in 2026 vs 2025[10], travellers will be stretching their budgets to make room for richer, more rewarding experiences. 

AI is set to shift from assistant to agentic, where multiple systems work together to solve complex traveller needs, from trip inspiration to in-the-moment support. It’s not just an evolution – it’s a whole new operating system for travel.

Social and search are now the go-to tools for inspiration, research and planning. As search grows smarter, social platforms are reshaping the inspiration phase by surfacing trending spots, niche experiences and recommendations in a way that feels personal and fun.

To read more about the Travel Trends 2026, please click the relevant link:
• https://www.skyscanner.com.au/travel-trends
• https://www.skyscanner.co.in/travel-trends
• https://www.skyscanner.com.sg/travel-trends 

About Skyscanner
Skyscanner is a global leader in travel that helps travellers plan and book their trip with ease and confidence. Every month, Skyscanner connects millions of travellers, in 52 countries and 37 languages, to more than 1200 trusted travel partners so they can find flight, hotel or car hire options. 

Founded in 2003, Skyscanner has offices worldwide, in Europe, Asia-Pacific and North America where traveller-first innovations are developed and powered by data and insights. Making use of the latest technology, Skyscanner simplifies the complexity of travel and provides honest and transparent solutions, searching around 100 billion prices every day so travellers can be sure they’ve seen the best possible options, all in one place. 

[1] These are the results from a global survey of 22,000 travellers, conducted by OnePoll in June–July 2025.
[2] These are the results from a global survey of 22,000 travellers, conducted by OnePoll in June–July 2025.
[3] Data compares global hotel redirects on Skyscanner using the ‘room with a mountain view’ filter between 1 June 2024 – 31 May 2025 and the same period the previous year (1 June 2023 – 31 May 2024).
[4] These are the results from a global survey of 22,000 travellers, conducted by OnePoll in June–July 2025.
[5] Data compares global hotel redirects on Skyscanner using the ‘library’ filter between 1 June 2024 – 31 May 2025 and the same period the previous year (1 June 2023 – 31 May 2024)
[6] These are the results from a global survey of 22,000 travellers, conducted by OnePoll in June–July 2025.
[7] Data compares global hotel redirects on Skyscanner using the solo filter between 1 June 2024 – 31 May 2025 and the same period the previous year (1 June 2023 – 31 May 2024).
[8] These are the results from a global survey of 22,000 travellers, conducted by OnePoll in June–July 2025.
[9] These are the results from a global survey of 22,000 travellers, conducted by OnePoll in June–July 2025.
[10] These are the global results from a global survey of 22,000 travellers, conducted by OnePoll in June–July 2025.

 

Cruise liner makes waves at summit

GYEONGJU, South Korea, Oct. 31, 2025 /PRNewswire/ — This is a report from China Daily:

A Chinese cruise liner called Piano Land is serving international guests as the designated “floating hotel” of the APEC CEO Summit held in South Korea from Wednesday to Friday.

Piano Land, owned by Astro Ocean Cruise, is the designated "floating hotel" of the APEC CEO Summit.
Piano Land, owned by Astro Ocean Cruise, is the designated “floating hotel” of the APEC CEO Summit.

It showcases China’s breakthrough in the high-end service sector and injects vitality into the internationalization of Chinese cruise ships, insiders said.

The upgraded Piano Land acts as “high-end offshore reception hall” during the summit and provides exclusive services. Classic Chinese and Western cuisine, Asian specialties, and delicate Chinese dishes are being offered alongside an around the-clock dining service. Facilities including a multifunctional conference room, a cinema, and a theater are available aboard the ship to meet the various needs of meetings and activities.

The vessel is also holding cultural events such as a large song and dance show, performances of traditional Chinese musical instruments, and experiences of diverse intangible cultural heritage including paper-cutting, Sichuan Opera face-changing, tai chi, qigong, and Chinese calligraphy and painting.

All these events showcase the excellent quality and international style of Chinese cruise liners, insiders said.

Astro Ocean Cruise, the owner of Piano Land, will use the APEC CEO Summit as a new start to its innovative service model where it will explore cooperation potential, expand into international markets, and enhance service quality.

The company aims to showcase the unique charm of Chinese cruise brands with greater industry commitment, writing a new chapter of Chinese service on the international stage.

Astro Ocean Cruise is a joint venture established by China Tourism Group and China COSCO Shipping Corp, with its headquarters in Hong Kong. It will subsequently operate as a sub-brand under China Cruises.

Piano Land boasts a total weight of 70,000 metric tons, has 13 decks and 880 cabins, and can hold a maximum of 2,014 passengers. The liner was made by German shipyard Meyer Werft.

It is dedicated to becoming an international cruise ship that “understands tourists better and offers more warmth”, according to Astro Ocean Cruise. The cabins feature high-end wood furniture, spacious wardrobes, and luxury bathtubs. Dining options blend Chinese and Western flavors, offering a diverse culinary experience.

It hopes to offer meticulous and attentive services, providing global travelers with a high-quality cruise vacation that perfectly integrates Eastern and Western elements.

The liner officially began regular operations from its home port of Hong Kong in April, offering a variety of itineraries including trips to Japan and Vietnam, weekend sea tours, and long routes through Southeast Asia. Additionally, it will launch operations from a home port in Malaysia, becoming a Chinese cruise company that operates internationally.

Pioneering Nuclear Fusion Energy Innovation for Two Decades: Shanghai Electric Empowers Global CRAFT and ITER Projects, Driving a Sustainable Future for Earth

China’s Leading High-End Equipment Manufacturer Advances International Cooperation in Nuclear Fusion Energy

SHANGHAI, Oct. 31, 2025 /PRNewswire/ — Shanghai Electric (SEHK: 2727, SSE: 601727) has recently announced several key milestones in the field of controlled nuclear fusion, including the delivery of the world’s largest toroidal field coil case and the successful arrival of the International Thermonuclear Experimental Reactor (ITER) project’s magnet cold-test cryostat equipment at the site in France.

The world's largest toroidal field (TF) coil case, jointly developed by Shanghai Electric and ASIPP, was delivered to the Comprehensive Research Facility for Fusion Technology (CRAFT) in Hefei, China.
The world’s largest toroidal field (TF) coil case, jointly developed by Shanghai Electric and ASIPP, was delivered to the Comprehensive Research Facility for Fusion Technology (CRAFT) in Hefei, China.

The achievements underscore the technological prowess of Chinese enterprises in advancing global fusion energy collaboration and add new momentum to the worldwide shift toward clean energy.

“As a pioneer in China’s high‑end equipment manufacturing, Shanghai Electric is committed to advancing fusion energy through technological innovation and international collaboration. We will continue to leverage our core strengths in extreme manufacturing and engineering integration to provide solid support for major global scientific projects such as ITER, helping humanity achieve the grand goal of clean energy,” said Wu Lei, Chairman of Shanghai Electric Group.

The latest technology deliveries not only mark breakthroughs for China in manufacturing core fusion components, but also further solidify the country’s role in the global fusion research supply chain.

In October, the magnet cold‑test cryostat equipment, jointly manufactured by Shanghai Electric Nuclear Power Group and the Institute of Plasma Physics, Chinese Academy of Sciences (ASIPP), arrived by sea at France’s Port of Marseille before being slowly transported, at walking speed, over 70 kilometers inland to the ITER Organization site in Cadarache. As one of the seven main members of the ITER project, China is working with international partners to advance fusion technology from the laboratory toward commercialization.

The joint team from Shanghai Electric Nuclear Power Group overcame strict ITER site constraints—height, weight, and width—completing manufacturing in just 11 months. They achieved millimeter‑level forming of large contoured surfaces, anti‑deformation assembly and welding of large shells and large‑diameter flat flanges, and first‑pass vacuum pumping and helium leak testing of an ultra‑large vessel—setting international benchmarks for millimeter‑level deformation control and high‑vacuum sealing at 10⁻⁴ mbar.

As the world’s largest and most influential international mega‑science project, ITER brings together the combined efforts of more than 30 countries, including the European Union, India, Japan, South Korea, Russia, the United States, and China, with the goal to achieve large‑scale fusion reactions and move toward the stable and controllable release of energy.

Meanwhile, the world’s largest toroidal field (TF) coil case, jointly developed by Shanghai Electric and ASIPP, was delivered to the Comprehensive Research Facility for Fusion Technology (CRAFT) in Hefei. Fabricated entirely from austenitic stainless steel, it measures 21 meters tall and 12 meters wide, weighs about 400 tons, and is over 1.2 times larger—and roughly twice as heavy—as the equivalent ITER component.

At the IAEA World Fusion Energy Group ministerial and the 30th Fusion Energy Conference on October 14 in Chengdu, Shanghai Electric highlighted two decades of fusion equipment achievements—spanning EAST, CRAFT, BEST, HT‑6M, and HL‑1—and its industry‑leading system solutions, drawing strong global interest and underscoring fusion’s role in tackling climate change and future energy demand.

Over the years, Shanghai Electric has tackled key technical challenges in fusion material research, mega‑ampere hydrogen boron fusion, and high‑frequency laser deep‑penetration welding. These advances enhanced the performance of fusion devices under extreme conditions and provided replicable solutions, valuable experiences, and technological strength to global fusion research.

For more information, please visit https://www.shanghai-electric.com/group_en/.