4 Growth Stocks From the Insurance Space to Add to Your Portfolio
ZACKS· 2025-06-23 15:31
Key Takeaways Global commercial insurance rates fell 3% in the first quarter of 2025, per Marsh. Despite recent pricing pressure, Deloitte projects global gross premiums to grow sixfold by 2030. Insurers are investing heavily in technology to increase margins, efficiency, and operational scale.The Zacks Insurance industry remains well-poised for growth, riding on better pricing, prudent underwriting and exposure growth. Redesigning and repricing of products and services to maintain sales and profitability ...
Sea Eyes Fintech Growth: Is Monee the Next Revenue Pillar?
ZACKS· 2025-06-23 15:31
Key Takeaways SE's Monee division posted $787.1M in Q1 revenues, up 57.6% year over year, outpacing Shopee and Garena. SE drove fintech growth via a $5.8B loan book, Brazil entry and 28M loan users, up 50% year over year. SE is expanding Monee into banking, investment and insurance to build a full financial services platform.Sea Limited (SE) is capitalizing on fintech momentum, as Monee, its digital financial services division, is showing strong prospects. Monee delivered a standout performance in the fir ...
Duke Energy urges North Carolina and South Carolina customers to reduce electric usage
Prnewswire· 2025-06-23 15:31
CHARLOTTE, N.C., June 23, 2025 /PRNewswire/ -- As high temperatures increase, Duke Energy is urging customers in the Carolinas to reduce their energy use during periods of peak demand today, June 23 from 3-8 p.m. to help lessen the energy demand on the power grid and reduce the potential of isolated power outages.As we continue to manage available power supplies, protect the grid and maintain normal operations, here are some simple ways customers can help: At home, raise the temperature to the highest comfo ...
QMMM Announces Closing of $8 Million Public Offering of Ordinary Shares
Prnewswire· 2025-06-23 15:31
HONG KONG, June 23, 2025 /PRNewswire/ -- QMMM Holdings Limited (NASDAQ: QMMM) (the "Company" or "QMMM"), a digital media advertising, virtual avatar & virtual apparel technology service provider in Hong Kong, today announced the closing of its best efforts public offering of 40,000,000 ordinary shares at a public offering price of $0.20 per ordinary share.Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be $8 million.Pacific Century Securities LLC and Revere ...
Alstom S.A: Alstom to supply 96 additional RER NG trainsets for the Île-de-France Mobilités RER D line
Globenewswire· 2025-06-23 15:30
This order for approximately 1.7 billion euro, formalised by SNCF Voyageurs, follows the vote on the financing agreement by Île-de-France Mobilités Board of Directors on 10 April 2025Alstom is delighted with this order, which demonstrates the renewed confidence of Île-de-France Mobilités and SNCF Voyageurs in this new-generation rolling stock RER NG is in service on the RER E line since November 2023 and on the RER D line since December 2024. 23 June 2025 – Alstom, global leader in smart and sustainable mob ...
Nvidia: Momentum Reversal Likely, Wait For Dips Before Adding
Seeking Alpha· 2025-06-23 15:30
I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure:I/we have a beneficial long position in the shares of NVDA, AVGO, MRVL either through stock ownership, options, or other derivatives. I wrote this a ...
Wolters Kluwer successfully prices €500 million five-year Eurobond
Globenewswire· 2025-06-23 15:30
PRESS RELEASE Wolters Kluwer successfully prices €500 million five-year Eurobond Alphen aan den Rijn – June 23, 2025 – Wolters Kluwer, a global leader of professional information solutions, software, and services, today announced that it has successfully priced a new €500 million five-year senior unsecured Eurobond. The bonds were sold at an issue price of 99.975 per cent and carry an annual coupon of 3.000 per cent. The settlement date has been set for June 30, 2025. The securities were placed with a broad ...
Tech stocks, including Apple, were safety trade during Covid, but this market is different
CNBC· 2025-06-23 15:27
It's Apple that's no longer acting like the stock that in recent years had seemed to function as the equities market's closest thing to a bond. The recent gap is Apple's worst relative performance to its own sector fund since December 2002, according to CNBC research. It's the only of the so-called "Magnificent 7" tech stocks to recently trade below both its 50- and 200-day moving averages.But that doesn't mean tech hasn't bounced back strongly from the early 2025 tariff-triggered selloff. The SPDR Info Tec ...
Steady Comps Momentum: Will TJX Sustain its Winning Run?
ZACKS· 2025-06-23 15:26
Key Takeaways TJX delivered 3% comparable sales growth in Q1, driven entirely by higher customer traffic. All four segments, led by HomeGoods and international units, contributed to the sales gain. Management guided for 2-3% comparable sales growth in the second quarter of fiscal 2026.The TJX Companies, Inc. (TJX) delivered comparable store sales growth of 3% in the first quarter of fiscal 2026, with all four major divisions contributing to the gain. The growth was entirely driven by increased customer tr ...
Summit Midstream: Patience Is Key For Investing
Seeking Alpha· 2025-06-23 15:22
Retirement is complicated, and you only get once chance to do it right. Don't miss out because you didn't know what was out there.The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns.Summit Midstream Corporation (NYSE: SMC ) has done a fantastic job of navigating an incredibly burdensome debt load. The company has, however, underperfo ...