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Archive: 2025-02-24 (658) - Page 12/14 (50)

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The Stock's Decline Takes Center Stage

Oklo Inc.'s (NYSE:OKLO) recent decline poses questions about the firm's ability to navigate the challenges of the nuclear energy industry. The company's shares plummeted 26.28% last week, marking the second consecutive week of declines. This drop comes amidst concerns over the Artificial Intelligence industry in the US and China's emergence as a major player.

ROBINHOOD MARKETS INC. (HOOD) SURPASSES EXPECTATIONS

Robinhood Markets Inc. (NASDAQ:HOOD) has experienced a significant surge in share prices following its stellar earnings performance last year, with net income soaring by 2,953 percent to $916 million during the fourth quarter. The company's net income for the full year 2024 reached $1.4 billion, reversing a net loss of $541 million in 2023. However, sentiment was quickly dampened by news that a US Court had seized worth $606 million of HOOD's shares from Sam Bankman-Fried.

Just Eat to be bought by investment group Prosus in £3.4bn deal

Just Eat Takeaway.com is set to be acquired by a Dutch technology investor in a deal worth around 4.1 billion euros (£3.4 billion). The planned all-cash offer comes after a difficult past few years for Amsterdam-based Just Eat, which had enjoyed booming business and a soaring share price during the pandemic but saw trading and its stock price decline sharply when lockdowns ended. Just Eat Takeaway.com will continue to be based in Amsterdam under its current name and will maintain its key brands following the deal.

Exxon Invests $200 Million in Australian Gas Project

Exxon Mobil's Australian unit is investing nearly $200 million in the Kipper 1B gas project, alongside its partners Mitsui and Woodside Energy, to expand capacity from the existing field. The project aims to deliver crucial gas supplies to the market ahead of winter 2026, supporting Australia's energy security needs. This investment is part of Esso Australia Resources' efforts to continue producing gas in the Gippsland Basin through the 2030s.

The High-Tech EGPU Market Heats Up with Morfine's RTX 4090M Offer

Morefine G1 eGPU dock is a game-changer in the high-tech market, offering up to an NVIDIA GeForce RTX 4090M in a compact mini PC form factor. The company has taken a different approach by providing a range of NVIDIA GPUs, including top-tier models like the RTX 4090M. However, the premium pricing for these high-performance options may deter some potential buyers. As the eGPU market continues to evolve, it will be interesting to see how Morfine's innovative products shape the future of gaming and productivity.

The Beauty of Control: Founder-Led Companies in the Ecosystem

Huda Beauty has announced the sale of its fragrance brand KAYALI to co-founder Mona Kattan and private equity firm General Atlantic, allowing the beauty company to buy back a stake previously held by TSG Consumer Partners. Founded in 2018 by Huda Kattan and her sisters, Huda Beauty has gained significant social media traction, positioning itself ahead of competitors in the beauty industry. The restructuring aims to restore full founder ownership and maintain KAYALI's independence under Kattan's leadership.

Penny Stocks to Watch Amidst Market Volatility and Geopolitical Tensions

Amidst a backdrop of geopolitical tensions and consumer spending concerns, global markets have experienced a mixed performance, with major U.S. indexes declining over the past week. As investors navigate these uncertain times, penny stocks—often representing smaller or newer companies—continue to capture attention for their potential value and growth opportunities. Despite their vintage label, penny stocks can still be relevant investment choices when backed by strong financial health and clear growth trajectories.

PPC Shareholder Returns Outpace Growth Expectations

When assessing the performance of a company like PPC Ltd (JSE:PPC), it's essential to examine both its share price and underlying fundamentals over an extended period. The company's 25% cumulative annual growth rate (CAGR) over the last five years is impressive, driven in part by its transition from profitability to sustained growth. However, the relationship between earnings per share (EPS) and share price remains a crucial metric for investors seeking to understand the company's business trajectory.

GERMANY'S ELECTION OUTCOME DRIVES MARKET GAINS

The euro climbed and Germany's benchmark stock gauge advanced after conservative leader Friedrich Merz won the election, opening the way for increased spending and policy reforms. The market is betting on a more expansionary fiscal policy under Merz's government, which could give the German economy a much-needed boost. However, investors are also cautious about the prospect of increased borrowing.

SEC Closes Investigation Into OpenSea, Declining To Pursue Charges Over NFT Marketplace Operations

The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into OpenSea, the leading NFT marketplace, marking a victory for the platform and the broader NFT community by avoiding classification of NFTs as securities. The investigation, launched in August 2024, was part of the SEC's efforts to regulate digital platforms that could be considered unregistered securities marketplaces. This decision is seen as a significant shift in regulatory policies towards a more crypto-friendly stance from the SEC.

Innovation Meets Artistry: Olight and Fujifilm Unite

Olight has partnered with Fujifilm to bring together the worlds of portable lighting technology and visual artistry at the Creator Summit in Sydney. This festival celebrates content creation through workshops, talks, and interactive experiences, where attendees can connect with creators and gain expert guidance on enhancing their craft. Olight's commitment to innovation is reflected in its cutting-edge products, such as the i1R 2 Pro EDC flashlight, which has received recognition from Red Dot and iF Design Awards.

Adcock Ingram Holdings Faces Financial Challenges Ahead

Adcock Ingram Holdings' first half 2025 earnings reveal a decline in net income, profit margin, and EPS compared to the previous year, with revenue remaining flat. The company's forecasted growth of 6.5% per annum for the next three years is lower than the Pharmaceuticals industry in Africa's projected 7.5% growth. This may pose concerns about Adcock Ingram Holdings' long-term financial performance.

Morento’s HY4866 Smart Air Purifier Hits Record Low Price on Amazon

The Morento HY4866 with multi-layer filtration has dropped to its record-low price of $81.99 on Amazon after a 37% discount, making it an affordable option for budget-conscious consumers. This price cut presents a great opportunity to buy the air purifier, which scores a good rating of 3.5 out of 5 from PCMag, despite some technical limitations. The HY4866 provides clean air up to 1076 ft² (100 m²) with its intelligent voice control support and multi-layer HEPA filtration system.

Ether’s Path to $3,000: Investor Sentiment Shifts After Crypto Exchange Breach and Large-Scale Buyba

Ether’s price is at a critical point following the Bybit exchange hack on Feb. 21, in which over $1.4 billion worth of liquid-staked Ether and other digital assets were stolen. This attack is now the largest crypto theft in history, with the North Korean state-affiliated Lazarus Group identified as the main suspect. In response, Bybit has purchased over 106,498 Ether worth about $295 million in over-the-counter trades, recovering nearly 50% of its pre-hack Ether supply.

Ownership Dynamics in Gesco SE (ETR:GSC1)

The considerable ownership by individual investors in Gesco indicates that they collectively have a significant say in management and business strategy. Insider ownership in Gesco is 29%, which underscores the importance of understanding who truly holds control over the company. To gain a deeper insight into the decision-making process, it would be essential to examine the ownership structure of similar companies.

UK VC Launches $126M Fund to Address Later-Stage Funding Gap

The launch of Cambridge Innovation Capital's new £100 million ($126 million) "Opportunity Fund" marks a significant step towards addressing the UK's long-standing funding gap for later-stage startups. This move aims to provide vital capital to deep tech and life sciences companies, helping them mature into proven technologies. By investing in growth-stage companies, CIC hopes to stem the outflow of UK startups to other countries, particularly the US.

Valid Successfully Delivers Remote SIM Provisioning and OTA Platform to Mobily, Revolutionizing the eSIM Consumer Experience Transforming the eSIM Experience

Valid has successfully deployed its advanced Remote SIM Provisioning (RSP) platform to Mobily, a major step towards advancing mobile connectivity in Saudi Arabia. The on-premises solution designed for both consumer and IoT services will streamline how Mobily manages its subscribers' SIM and eSIM profiles. This project demonstrates Valid's expertise in deploying integrated RSP and OTA solutions.

Car Production in Thailand Slumps Due to Weak Sales and Exports

Car production in Thailand fell a surprisingly large 24.63% in January from a year earlier to 107,103 units due to weak domestic sales and exports. Domestic car sales dropped by 12.26% in January from a year earlier to 48,092 units, while exports tumbled 28.13% in January from a year earlier to 62,321 units. The decline marks the 18th straight month of production losses.

Coeur Mining, Inc. (CDE) Sees Downward Trend After Earnings Release

Coeur Mining, Inc. (NYSE:CDE) experienced a significant decline in shares last week, falling by 17.4 percent week-on-week, following disappointing earnings reports that missed analyst expectations by 27 percent. The company's net loss narrowed by 43.4 percent to $58.9 million, but the revenue increase of 28 percent and loss per share of $0.15 were insufficient to boost investor sentiment. Despite this, Coeur Mining has acquired SilverCrest Metals, which may provide a catalyst for future growth.

Germany's Merz Faces Tricky Talks with Potential Coalition Ally

Friedrich Merz, the 69-year-old conservative leader, will navigate lengthy coalition negotiations after his party won a national election that saw far-right and far-left parties gain support from disaffected voters. The fractured vote has left Germany's economy ailing, with societal divisions over migration and security caught between confrontational U.S. and assertive Russia and China. Merz faces the daunting task of forming a coalition government while maintaining independence for Europe.

The Rise of Profitable Companies Worth Watching

Suria Capital Holdings Berhad's growth in earnings per share (EPS) over the past three years is noteworthy, with a 8.4% annual increase. However, despite profitable EPS growth, the company's revenue and EBIT margins have declined in recent years, raising concerns about sustainability. Despite this, Suria Capital Holdings Berhad's high insider ownership and commitment to shareholder interests are encouraging features.

Standard for Smart Homes Takes Center Stage with KNX

KNX, the standardized protocol for smart homes, offers a harmonious integration of various electronic systems and appliances within buildings, providing reliable connectivity and flexibility. Conceived in Belgium over 30 years ago, KNX has evolved from three other standards to become a global protocol used by leading brands such as Schneider Electric and Siemens. The technology enables control of multiple building functions, including lighting, heating, and security.

EU Approves New Sanctions Package Against Russia, Diplomats Say

The European Union has approved a 16th package of sanctions against Russia, which includes measures to restrict primary aluminium imports and the sale of gaming consoles. The move is seen as a significant escalation in the EU's response to Russia's actions in Ukraine and its influence in Eastern Europe. The sanctions will also lead to the listing of 73 shadow fleet vessels.

The Beauty Industry's Founder-Led Revival

Huda Beauty has announced the sale of its fragrance brand KAYALI to co-founder Mona Kattan and private equity firm General Atlantic, allowing the beauty company to buy back a stake previously held by TSG Consumer Partners. Founded in 2018 by Huda Kattan and her sisters, Huda Beauty has gained significant social media traction, positioning itself ahead of competitors in the beauty industry. The restructuring aims to restore full founder ownership and maintain KAYALI's independence under Kattan's leadership.

Oil prices dip as traders await progress on push for Ukraine peace deal

Oil prices extended last week's losses on Monday as investors awaited clarity on talks to end the war in Ukraine and weighed up the prospect of a resumption in crude exports from northern Iraq. The expected increase in supply from Iraq, coupled with decreasing geopolitical risk, has contributed to the downward spiral in crude oil prices. However, the conflict in Ukraine remains a dominant concern for the energy market, with sanctions on Russian oil exports still in place.

IRON ORE PRICES SNAP FOUR-DAY RISE DUE TO MORE DUTIES ON CHINESE STEEL

Dalian iron ore futures prices snapped a four-day winning streak on Monday as increasing levies on Chinese steel dampened demand prospects for the key steelmaking ingredient, though decreasing portside inventories in China limited the fall. The most-traded May iron ore contract on China's Dalian Commodity Exchange (DCE) ended daytime trade 0.77% lower at 832.5 yuan ($114.95) a metric ton. Vietnam will impose a temporary anti-dumping levy of up to 27.83% on some steel products from China, according to a trade ministry document seen by Reuters.

Empowering Developers with Cutting-Edge Security Training

Software development teams are increasingly pressured to accelerate their workflows, often at the expense of security, as they face threats from cybercriminals exploiting vulnerabilities in open-source resources. To address these challenges, organizations must provide tailored security training and mentorship that empowers developers to integrate secure coding practices without disrupting their development processes. The focus on role-specific, Just-in-Time training can help developers efficiently manage vulnerabilities while maintaining the pace of innovation.

Alibaba Invests Heavily in AI Infrastructure

Alibaba Group Holding Ltd. has pledged to invest over $53 billion on AI infrastructure such as data centers over the next three years, a significant commitment that underscores the e-commerce pioneer's ambitions of becoming a leader in artificial intelligence. Most of this investment will be used to expand its cloud computing network and develop more advanced AI models. The company's goal is to become a key partner to companies developing and applying AI to the real world as models evolve and need increasing amounts of computing power.

UN General Assembly to vote on Ukraine Resolution

The United States is urging the United Nations General Assembly to back its resolution to mark the third anniversary of Russia's invasion of Ukraine, oppose any amendments and vote no on a rival text drafted by Ukraine and European allies. The U.S. draft resolution focuses solely on ending the war without referencing Ukraine's sovereignty or territorial integrity. The vote pits the US against Ukraine and European allies in a high-stakes showdown over how to address the ongoing conflict.

India-UK: Jonathan Reynolds in Delhi to relaunch trade talks

India and the UK will restart free trade talks on Monday, nearly a year after negotiations were paused ahead of general elections in both countries. Jonathan Reynolds, the UK's business and trade secretary, is in Delhi, where he will meet his Indian counterpart Piyush Goyal to kick off the two-day discussions. Ahead of the meeting, Reynolds said, external it was a "no-brainer" to seek a trade deal with India, which was forecast to become the world's third-largest economy in a few years.

The Insider Takes Control of UOB

Ee Cheong Wee's recent S$7.7m stock purchase is a significant investment in United Overseas Bank Limited (SGX:U11), increasing their holding size by 0.4% despite the average price being lower than the current market value. Notably, this insider purchase is the biggest in the last year, indicating confidence in the company's future prospects. The high level of insider ownership, currently at 5.7%, may suggest that the company is run in the interest of all shareholders.

Amgen Expands Indian Site with $200 Million Investment

U.S. drugmaker Amgen will invest about $200 million this year in its new technology centre in southern India, with further investments planned, CEO Robert Bradway said at the inauguration of the site. The Hyderabad-based facility is expected to have a workforce of around 2,000 by year-end and aims to increase use of AI and data science to support development of new medicines. Amgen's expansion in India comes as the company seeks to harness innovation, talent, and technology between the U.S. and India.

Just Eat Takeaway Acquired in $4.3 Billion Deal

Prosus NV agreed to buy Just Eat Takeaway.com NV for €4.1 billion ($4.3 billion), the technology investor’s biggest deal to date as it pursues new growth opportunities. The all-cash deal at €20.30 a share is a 49% premium to the three-month volume-weighted average price, the company said in a statement Monday. Just Eat Takeaway.com operates in 17 international markets, connecting 61 million customers with more than 356,000 local partners.

Private companies own 39% of Metro Holdings Limited (SGX:M01) shares but individual investors control majority stake.

The considerable ownership by individual investors in Metro Holdings indicates that they collectively have a greater say in management and business strategy A total of 6 investors have a majority stake in the company with 50% ownership Using data from company's past performance alongside ownership research, one can better assess the future performance of a company If you want to know who really controls Metro Holdings Limited (SGX:M01), then you'll have to look at the makeup of its share registry.

Bridging the Gap Between Online and Offline Retail: Shoplazza Unveils Smart Retail Solution at NRF 2025

Shoplazza has unveiled its groundbreaking Smart Retail Solution, RetaSmart, designed to bridge the gap between online and offline retail, offering a unified commerce platform that combines online, shoplazza center, and POS into an all-in-one solution for retail growth. This unified commerce platform simplifies in-store operations by managing inventory, processing payments, and tracking customer data, while empowering merchants to create user-friendly websites and manage e-commerce seamlessly. Shoplazza RetaSmart addresses the increasing demand for unified retail experiences by consolidating data from multiple channels into a single platform.

Trends In Returns On Capital At Mitchells & Butlers (LON:MAB) Have Stalled

Mitchells & Butlers' return on capital employed has stagnated at 6.8%, underperforming the hospitality industry average of 8.6%. The company's capital employed and returns on that capital have remained relatively stable for the last five years, indicating a mature and steady operation. However, this stable trend may not be enough to attract investors seeking multi-bagger stocks.

COIN Underperforms Amid Macroeconomic Concerns

Coinbase Global, Inc.'s (NASDAQ:COIN) share prices declined by 14 percent last week, following stellar earnings performance and investor concerns over macroeconomic factors such as a slowing economy and sticky inflation. The company's net income surged by 2,618 percent in the full year 2024 to $2.579 billion, while revenues jumped by 111 percent to $6.564 billion. Despite this, Coinbase Global, Inc. ranks 9th on the list of underperforming stocks last week.

Challenges Emerge in Relations Between New Zealand and China After Live-Fire Exercises

New Zealand's Foreign Minister Winston Peters will discuss strained relations with China after Chinese Navy vessels conducted live-fire exercises in the Tasman Sea, raising concerns about commercial airlines diverting flights due to limited notice. The situation has led to a request for more advance notice on military exercises near busy air routes, particularly by New Zealand. Peters' visit to Beijing is part of a three-day trip aimed at maintaining regular high-level political dialogue with China.

Russia seeks LONG-TERM PEACE DEAL OVER UKRAINE, NOT QUICK CEASEFIRE

Russia wants a long-term peace deal over Ukraine that tackles its perceived root causes of the conflict rather than a quick U.S.-backed ceasefire followed by swift fighting resumption. The senior Russian diplomat expressed concerns about the consequences of such an approach, including its impact on Russia-American relations and the stability of the region. This stance highlights the complexities of navigating international conflicts with multiple parties involved.

Zelenskiy Praises Ukrainians' 'Absolute Heroism' Amid War's Third Anniversary

President Volodymyr Zelenskiy has expressed his pride in Ukraine's resilience and bravery in the face of Russia's ongoing invasion, which began exactly three years ago. The president's comments coincide with a major anniversary of the conflict, highlighting the sacrifices made by ordinary Ukrainians fighting for their country's freedom. Despite facing unprecedented challenges, Ukraine remains committed to its territorial integrity and sovereignty.

Rupee Premiums, Bond Yields Fall as RBI Announces FX Swap

The 1-year dollar/rupee forward premium plummeted on Monday, and shorter-term India government bond yields fell after the country's central bank announced a $10 billion FX swap to shore up rupee liquidity. The Reserve Bank of India's move aims to infuse around 870 billion rupees of liquidity into the banking system, which has been reeling from large cash deficits. This injection of liquidity is crucial as it helps reduce borrowing costs for corporates and non-banking financial companies.

Revolutionizing Photography with Sigma BF

The Sigma BF full-frame camera launches with a minimalistic design that strips away all superfluous elements to provide access to the latest features, including hybrid autofocus and 6K video. The camera's intuitive shooting experience allows it to capture the beauty hidden in everyday life, and its unique user interface provides a seamless connection between the photographer and the camera. By simplifying photography as a natural act, the Sigma BF redefines the process of taking a photograph.

SOUN Underperforms Amid AI Market Slump

SoundHound AI, Inc. (NASDAQ:SOUN) recently dropped its share prices by 6 percent week-on-week to close Friday’s trading at $10.31 apiece, following a broader decline in the tech-heavy Nasdaq. The company's exit from Nvidia Corp.'s portfolio has raised concerns about its growth trajectory and future prospects. Despite being one of the most promising AI stocks, SOUN's performance lags behind other companies in the industry.

Stellantis Faces Brands Dilemma as It Searches for New CEO

As Stellantis chairman John Elkann interviews CEO candidates, deciding how many of the automaker's 14 brands have a viable future is a significant priority. The French-Italian company's sprawling portfolio - the largest among its peers, which mostly focus on one or two brands - reflects its origins in a 2021 merger of Fiat-Chrysler and Peugeot owner PSA. Shrinking it could reduce complexity and allow some marketing, development and sales functions to be merged.

PlayStation 5 Pro Sales Disappoint Sony

The PlayStation 5 Pro is selling considerably less than its predecessor. For Sony, this may be problematic on a business level, but should not pose a major problem in absolute terms. In contrast to Microsoft, Sony has already launched a more powerful mid-generation version of the PlayStation 5, which differs in terms of performance from the Xbox Series S and Series X.

Stellantis Faces Brands Dilemma as it Searches for New CEO

As Stellantis chairman John Elkann interviews CEO candidates, deciding how many of the automaker's 14 brands have a viable future is a significant priority. The French-Italian company's sprawling portfolio reflects its origins in a 2021 merger of Fiat-Chrysler and Peugeot owner PSA, but shrinking it could reduce complexity and allow some marketing, development and sales functions to be merged. Each brand - from bestsellers like Jeep, Ram and Peugeot to struggling DS, Lancia and Alfa Romeo - has its fans, making which to drop a difficult choice.

Geopolitical Disruption Be Damned: HSBC Finds Fast-Growing Businesses Are Doubling Down On Global Ex

The world's fastest-growing companies are bucking the trend that geopolitical disruption would deter international expansion, instead opting to focus on overseas markets. Despite growing uncertainty in global trade and supply chains, businesses expect most of their sales to come from abroad by 2030. This shift is driven by a desire to mitigate risks associated with uncertainty, rather than slowing down or changing course.

FRONTLINE PLC Announces Q4 2024 Results Conference Call and Webcast

Frontline plc will release its preliminary fourth quarter 2024 results on Friday, February 28, 2025, followed by a webcast and conference call to provide further insights into the company's performance. The results presentation will be made available for download from the Investor Relations section of the website ahead of the conference call, allowing investors to review key data points. This move underscores Frontline plc's commitment to transparency and stakeholder engagement.

Why VNET Group, Inc. (VNET) Soared Last Week

VNET Group, Inc. (NASDAQ:VNET)’s share prices jumped by 26.4 percent week-on-week as investors gobbled up shares in the company in hopes that further advancements in China’s artificial intelligence industry would provide a further boost to its growth. The surge followed a series of positive developments for the Chinese AI sector, with leading firms making significant strides in integrating DeepSeek into their operations. VNET Group, Inc.'s strong showing ranks it third on our list of companies that performed well last week.

Super Micro Computer, Inc. (SMCI) Skyrocketing So Far In 2025?

Super Micro Computer, Inc. (NASDAQ:SMCI) surged 17 percent week-on-week, finishing Friday's trading at $56.07 per share, as investors eagerly anticipated the company's delayed filings ahead of the February 25 deadline. The stock's investor optimism was fueled by Super Micro's confidence in meeting the filing deadline, a crucial step for maintaining its Nasdaq listing. Despite acknowledging potential risks, investors seemed to bet on the company's ability to overcome them.