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Phibro Animal Health Corporation (PAHC) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2025-07-02 14:16
A strong stock as of late has been Phibro Animal Health (PAHC) . Shares have been marching higher, with the stock up 9.5% over the past month. The stock hit a new 52-week high of $26.77 in the previous session. Phibro has gained 26.8% since the start of the year compared to the -2.7% gain for the Zacks Medical sector and the 7.6% return for the Zacks Medical - Products industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnin ...
New Stellantis CEO taps Kuniskis to oversee Americas brands, brings back SRT division
CNBC· 2025-07-02 14:13
Leadership Changes - New Stellantis CEO Antonio Filosa has promoted Tim Kuniskis to oversee all American brands and lead marketing and retail strategy in North America [1] - Kuniskis remains CEO of Ram and has a broader role across the company's U.S. operations [2] Strategic Initiatives - Stellantis is reviving the Street and Racing Technology (SRT) performance division, which will focus on high-performance vehicles and motorsports [2] - Kuniskis is leading a major product launch at Ram, with plans to introduce 25 new products over the next 18 months [3] Product Development - The return of the popular V-8 Hemi engines for Ram 1500 full-size pickup trucks has been announced, with availability expected in early 2026 [3]
US Stocks Mixed; UniFirst Shares Fall After Q3 Results
Benzinga· 2025-07-02 14:11
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 50 points on Wednesday.Following the market opening Wednesday, the Dow traded down 0.22% to 44,398.83 while the NASDAQ gained 0.25% to 20,252.83. The S&P 500 also fell, dropping, 0.02% to 6,196.53.Check This Out: How To Earn $500 A Month From Microsoft StockLeading and Lagging SectorsMaterials shares jumped by 0.5% on Wednesday.In trading on Wednesday, health care stocks fell by 0.6%.Top HeadlineShares of UniFirst Corporation UN ...
Globalstar Expands Satellite Reach With First C-3 Tracking Antenna
ZACKS· 2025-07-02 14:10
Core Insights - Globalstar, Inc. has successfully installed its first 6-meter tracking antenna, Clifton-8, for the C-3 mobile satellite system, marking the beginning of a significant global initiative to enhance its ground infrastructure as part of the Extended MSS Network [1][11] - The company plans to deploy over 90 new antennas across approximately 35 ground stations in 25 countries, which includes major upgrades to existing infrastructure and the establishment of new ground stations to improve global connectivity [3][11] - Globalstar's commitment to high-performance satellite communications is driven by increasing demand for mobile connectivity across various industries and remote areas [4] Financial Performance - In the last reported quarter, Globalstar achieved revenues of $60 million, reflecting a 6% year-over-year increase, primarily due to higher service revenues [8] - The company has reiterated its financial outlook for 2025, projecting revenues between $260 million and $285 million, with an expected adjusted EBITDA margin of approximately 50% [9] Strategic Developments - Globalstar is enhancing its spectrum and wholesale capacity services, particularly in government and consumer sectors, with its Band n53 being a critical resource for 5G innovation [6] - The company has inaugurated a new Satellite Operations Control Center in March 2025, which significantly enhances its operational capabilities and supports its strategic growth in next-generation satellite solutions [7] - A partnership with GCT Semiconductor Holding aims to develop two-way satellite messaging systems for mobile devices, integrating advanced IoT and 4G/5G semiconductor technology into Globalstar's product offerings [8]
Is NIO on Track to Meet its 2025 Vehicle Deliveries Target?
ZACKS· 2025-07-02 14:10
Core Insights - NIO Inc. reported a total of 24,925 vehicle deliveries in June, marking a year-over-year growth of 17.5%. For Q2, the company delivered 72,056 vehicles, which is a 25.6% increase compared to the same quarter last year and within the company's guidance range [1][9]. Delivery Performance - In Q2, NIO's namesake brand sold 47,132 cars, reflecting an approximate decline of 18% from the same quarter in 2024. The ONVO brand delivered 17,081 units, while Firefly delivered 7,843 units [2]. - The ONVO and Firefly brands have diversified NIO's product portfolio, contributing to sales momentum, but this growth appears to be at the expense of the core NIO brand [3]. Year-to-Date Performance - In the first half of 2025, NIO sold 114,150 vehicles, representing an increase of over 30% from the previous year. However, this growth is insufficient to meet the company's ambitious target of doubling sales to 330,000 vehicles in 2025 [4][5]. Competitive Landscape - Li Auto delivered 36,279 units in June and 111,074 vehicles in Q2 2025, with a modest growth rate of 2.3%. XPeng Inc. delivered 34,611 smart EVs in June, achieving a remarkable 224% year-over-year increase and setting a new quarterly record with 103,181 cars sold in Q2 [6][7]. Stock Performance - NIO's shares have declined approximately 19% year-to-date, compared to an 8% decline in the broader industry [8]. Valuation Metrics - NIO currently trades at a forward price-to-sales ratio of 0.45 and holds a Value Score of D, indicating potential concerns regarding its valuation [10].
XPeng: H2 2025 Volatility Likely - Wait For A Dip Buying Opportunity
Seeking Alpha· 2025-07-02 14:06
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 no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...
Builders FirstSource (BLDR) Soars 8.8%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-02 14:06
Group 1 - Builders FirstSource (BLDR) shares increased by 8.8% to close at $126.91, with notable trading volume compared to typical sessions, and a 10.5% gain over the past four weeks [1] - The upward trend in shares is supported by favorable long-term fundamentals, including investments in innovations and digital solutions to tackle affordability challenges, as well as operational efficiency amid macro risks [2] - The company is expected to report quarterly earnings of $2.37 per share, reflecting a year-over-year decline of 32.3%, with revenues projected at $4.26 billion, down 4.5% from the previous year [3] Group 2 - The consensus EPS estimate for Builders FirstSource has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] - Builders FirstSource holds a Zacks Rank of 3 (Hold), while another company in the same industry, Tecnoglass (TGLS), experienced a 1.8% decline in its last trading session [5] - Tecnoglass has a consensus EPS estimate of $0.97 for its upcoming report, representing a 12.8% increase from the previous year, and currently holds a Zacks Rank of 1 (Strong Buy) [6]
OUTFRONT Media Stock Up 11.2% in 3 Months: Will It Continue to Rise?
ZACKS· 2025-07-02 14:06
Key Takeaways OUT's diversified billboard portfolio fuels steady revenues despite market shifts. The shift to digital displays and transit assets boosts new ad relationships and digital sales. Recent $5.7M asset buyouts aim to enhance OUT's portfolio and long-term growth potential.OUTFRONT Media (OUT) shares have gained 11.2% in the past three months, outperforming the industry’s growth of 1.2%.This New York-based advertising real estate investment trust (REIT) enjoys a diversified portfolio of advertisin ...
Why Musk's Clash With Trump Matters for Tesla Investors
ZACKS· 2025-07-02 14:06
Key Takeaways TSLA fell more than 5% yesterday as Musk's renewed political clash with Trump shook investor confidence. The new tax bill cuts EV and energy tax credits, making things worse for Tesla. Carve-outs in the bill favor rivals like Rivian, leaving Tesla excluded from key incentives.Tesla (TSLA) shares have mostly moved on product launches, delivery numbers, and margin chatter. But lately, the stock has been swinging wildly for a different reason— and that is politics.The war of words between Tesla ...
NASDAQ Index, S&P 500 and Dow Jones Forecasts – US Indices Look a Touch Soft in Premarket
FX Empire· 2025-07-02 14:02
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...