GE Aerospace (GE) recently secured an Indefinite Delivery/Indefinite Quantity (IDIQ) contract from the U.S. Air Force to deliver F110-GE-129 engines for the latter’s F-15 and F-16 aircraft that are managed by allied nations across the globe. The deal is valued at $5 billion.GE’s F110 engine is a well-known and proven platform for its performance and reliability in military applications. The engine has lodged more than 11 million flight hours and holds the record for the highest thrust in its class. It also ...

Robinhood Derivatives, LLC, a wholly-owned subsidiary of Robinhood Markets, Inc. (HOOD) , is set to launch a prediction markets hub directly within the Robinhood app, allowing customers to trade on the outcomes of several major global events, including the expected upper limit of the Federal Reserve funds rate in May.In light of this development, Robinhood’s shares surged 7.1% in yesterday’s trading session.Prediction markets function within a regulated framework and leverage the financial market structure ...

The creative and technology network was honored twice based upon its transformational work for NBC, NFL, Minnesota Star Tribune and other top clients.NEW YORK, March 18, 2025 /PRNewswire/ -- Code and Theory, part of Stagwell (NASDAQ: STGW), has been named to Fast Company's prestigious list of the World's Most Innovative Companies for 2025, twice. The only technology and creative network with a balance of 50% creative and 50% engineers, Code and Theory partners with its clients to redefine what is possible t ...

Core Viewpoint - The stock markets have faced a significant downturn due to escalating trade war concerns, impacting investor sentiment and leading to a decline in Powell Industries, Inc. (POWL) shares [1][2]. Group 1: Stock Performance - POWL shares have decreased by 15.8% in the past month, which is worse than the broader electronics manufacturing industry and the S&P 500, which declined by 5% and 7.5%, respectively [2]. - Despite the recent downturn, POWL's shares have increased by 19.9% over the past year, outperforming the S&P 500's growth of 10.1% and the industry's decline of 14.4% [4]. Group 2: Market Drivers - The oil & gas and electric utility markets are the strongest drivers of POWL's business, with revenues from these sectors growing by 14.5% and 26% year over year in the first quarter of fiscal 2025 [6]. - Increasing demand for electrical power from data centers presents new growth opportunities for POWL, with strong bookings in the electric utility and commercial markets in the U.S. [7]. Group 3: Financial Metrics - POWL's backlog increased to $1.3 billion at the end of the fiscal first quarter, with new orders totaling $269 million, reflecting a solid volume of small and medium-sized awards [8]. - The company is investing approximately $11 million in facility expansion at its Houston product factory, expected to be completed by mid-fiscal 2025 [9]. Group 4: Shareholder Returns - In February 2025, POWL increased its quarterly dividend by about 1% to 26.75 cents per share, supported by a strong liquidity position with cash equivalents of $325.6 million and no long-term debt [10]. Group 5: Valuation - POWL stock has a forward 12-month price-to-earnings ratio of 12.64X, significantly below the industry average of 21.65X, indicating an attractive valuation for investors [11]. Group 6: Cost Challenges - POWL is facing high operating costs, with the cost of sales rising by 24.8% year over year in the first quarter of fiscal 2025, and selling, general, and administrative expenses increasing by 5.5% [14]. - Material costs represented 47% of the company's revenues in fiscal 2024, indicating ongoing pressure from raw material prices [15]. Group 7: Earnings Estimates - Earnings estimates for the second quarter of fiscal 2025 have decreased by 0.9% to $3.34 per share over the past 60 days [18].

Group 1 - BW Offshore has signed a short-term extension agreement for the FPSO BW Pioneer with a subsidiary of Murphy Oil Corporation until 25 March 2025, maintaining current terms [1] - The extension allows for the completion of administrative processes necessary for finalizing the sale [1] Group 2 - BW Offshore specializes in innovative floating production solutions and operates a fleet of 3 FPSOs, with ambitions for growth [2] - The company has approximately 1,100 employees and is publicly listed on the Oslo stock exchange [2]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a focus on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5] Market Focus - The news team at Proactive delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3]

Qualcomm Technologies, Inc. (QCOM) recently extended its Snapdragon G Series portfolio with the addition of next-generation gaming chipsets. The 2025 product lineup includes Snapdragon G3 Gen 3, Snapdragon G2 Gen 2 and Snapdragon G1 Gen 2 chips. The modern gaming scenario is rapidly evolving for a multitude of reasons. Users are increasingly looking for more realistic visuals and graphics with dynamic environments in the gaming world. Various immersive tech like augmented reality and virtual reality are gai ...

Nvidia’s (NASDAQ: NVDA) dominance in the artificial intelligence (AI) chip space could be threatened as its rivals step up to eat into its market share, a scenario that could impact the company’s share price.Currently, Nvidia is recording losses and trading below the $120 resistance level. By press time, NVDA was changing hands at $115, dropping almost 3% since the last trading session. Year-to-date, the stock is down 16%.NVDA one-week stcok price chart. Source: FinboldRegarding the emerging competition, cl ...

Core Viewpoint - FTAI Aviation Ltd. is facing significant scrutiny and legal challenges due to allegations of violating U.S. sanctions against Iran and improper financial reporting practices, leading to a decline in its stock price and a class action lawsuit from investors [1][2][4][8]. Group 1: Allegations and Investigations - Muddy Waters Research published a report on March 3, 2025, alleging that FTAI may be violating U.S. sanctions against Iran, which has raised concerns among investors [1][2]. - The initial report from Muddy Waters on January 15, 2025, caused a 24% drop in FTAI's stock price, prompting an internal review by the company [3]. - Snowcap Research corroborated many of Muddy Waters' claims, describing FTAI's Aerospace segment as "in substance an elaborate fabrication" based on interviews with former executives and industry experts [6]. Group 2: Financial Reporting Concerns - Muddy Waters alleged that FTAI improperly classified one-time engine sales as Maintenance, Repair & Overhaul (MRO) revenue, inflating the revenue figures and misleading investors about the company's growth [4][8]. - The company is accused of presenting whole engine sales as individual module sales, which overstated sales and demand [8]. - FTAI's Audit Committee concluded that the short-seller claims lacked foundation, but did not address the specific details of the allegations [7]. Group 3: Legal Actions - A securities class action lawsuit has been filed against FTAI, seeking to represent investors who purchased securities between July 23, 2024, and January 15, 2025, alleging false and misleading statements [1][2][8]. - Hagens Berman is conducting an ongoing investigation and encourages affected investors to submit their losses [2].

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...