Hyper Bit Announces Letter of Intent to Acquire Dogecoin Mining Infrastructure Company with Rights to Purchase up to 2,660 ElphaPex DOGE/LTC Miners and Secured Access to a Data Centre with 11MW of Renewable Energy
Newsfile· 2025-05-20 16:48
Hyper Bit Announces Letter of Intent to Acquire Dogecoin Mining Infrastructure Company with Rights to Purchase up to 2,660 ElphaPex DOGE/LTC Miners and Secured Access to a Data Centre with 11MW of Renewable EnergyMay 20, 2025 12:48 PM EDT | Source: Hyper Bit Technologies Ltd.Vancouver, British Columbia--(Newsfile Corp. - May 20, 2025) - HYPER BIT TECHNOLOGIES LTD. (CSE: HYPE) (OTC Pink: HYPAF) (FSE: N7S0) (the "Company" or "Hyper Bit") announces that it has entered into a non-binding letter of ...
Why Walmart decided to say it would raise prices — and risk Trump's fury
CNBC· 2025-05-20 16:46
Core Viewpoint - Walmart has shifted its stance on the impact of tariffs, indicating that higher import duties will lead to increased prices for consumers, contrasting its previous downplaying of the issue [3][4][6]. Group 1: Walmart's Response to Tariffs - Walmart's CFO stated that the current tariff levels are too high and that the company cannot absorb the magnitude of the increases [3][4]. - The company emphasized its commitment to maintaining low prices but acknowledged that rising costs due to tariffs would necessitate price increases [6][20]. - Walmart's decision to address the potential for higher prices was driven by a sense of obligation to inform customers and investors about the financial realities [6][20]. Group 2: Corporate Engagement and Market Reactions - The corporate response to tariffs has increased significantly, with 139 corporate statements made between April 10 and April 25, compared to 79 prior to that [12][13]. - Other companies, such as Microsoft and Subaru, have also warned of price increases due to tariffs, while Home Depot plans to maintain current pricing levels [8][24]. - Walmart's comments reflect a broader trend among corporations feeling more comfortable speaking out on tariff-related issues, as it directly impacts their business [5][24]. Group 3: Political Dynamics and Market Position - Walmart's relationship with the Trump administration has been complex, as the company has historically contributed to presidential inauguration committees, including $150,000 to Trump's [9][10]. - The company is positioned to withstand political backlash better than many others due to its extensive reach, with 90% of the U.S. population living within 10 miles of a Walmart store [22][23]. - Analysts suggest that Walmart's transparent communication about pricing is aimed at preparing consumers for potential increases while maintaining its reputation for value [20][23].
Salesforce Earnings Preview: Can't Continue Kicking The Can Down The Road
Seeking Alpha· 2025-05-20 16:45
Salesforce (NYSE: CRM ) is set to report its March quarter results next Wednesday, May 28th. This quarter follows a disappointing Q4 print, where Salesforce failed to meet investors' very high expectations for Agentforce, the CRM's company effort to leadI aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow ...
Nordstrom Announces Completion of Acquisition by Nordstrom Family and Liverpool
Prnewswire· 2025-05-20 16:45
SEATTLE, May 20, 2025 /PRNewswire/ -- Nordstrom, Inc. (the "Company") today announced that Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. ("Liverpool") (BMV: LIVEPOL) have completed their all-cash acquisition of Nordstrom for $24.25 per share. Shareholders of the Company will also be paid cash dividends of $0.25 per share and $0.1462 per share, reflecting the special cash dividend and a "stub period" quarterly dividend. With the completion of ...
Trip.com Posts Q1 Earnings Beat: Analysts Highlight Solid Execution, Resilient Demand
Benzinga· 2025-05-20 16:41
Trip.com Group Ltd TCOM shares are down on Tuesday, after the company reported on Monday its first-quarter earnings.The announcement came amid an exciting earnings season. Here are some key analyst takeaways.TD Cowen On Trip.comAnalyst Kevin Kopelman maintained a Buy rating, while raising the price target from $67 to $73.Although Trip.com reported 16% revenue growth, this marked a slowdown from the previous quarter's 23%, Kopelman said. The company continued to gain share in the domestic market, while achie ...
MP Materials & Maaden Ink Deal to Develop Rare Earths Supply Chain
ZACKS· 2025-05-20 16:41
MP Materials (MP) has signed a Memorandum of Understanding with Saudi Arabian mining company, Maaden, to explore and develop a fully integrated, end-to-end rare earth supply chain in Saudi Arabia. This partnership aims to cover the entire value chain from mining, separation and refining to magnet production.MP & Maaden Partnership to Build Rare Earth Supply ChainRare earth magnets are vital in critical technologies spanning transportation, energy, robotics and aerospace. Backed by Saudi Arabia’s abundant en ...
HLIT Boosts Cignal TV's Broadcast Capabilities With Advanced Solution
ZACKS· 2025-05-20 16:41
Harmonic Inc. (HLIT) recently announced that it has expanded its collaboration with Cignal TV, a leading pay-TV provider in the Philippines, to modernize its channel origination, playout and disaster recovery workflows. The initiative leverages Harmonic’s VOS360 Media Software-as-a-Service platform, which runs on the public cloud, to enhance Cignal TV’s ability to deliver premium video streaming and broadcast services with greater efficiency and reliability.The fully managed VOS360 platform provides high-qu ...
Why Novo Nordisk Stock Popped on Tuesday
The Motley Fool· 2025-05-20 16:40
If you can't beat Novo Nordisk, maybe you should join 'em?Novo Nordisk (NVO 1.96%) stock jumped 3% through 10:55 a.m. Tuesday on some potentially positive news in the GLP-1 weight loss market.As Reuters reports today, an online weight loss company called Noom has begun selling smaller doses of compounded versions of Novo Nordisk's Wegovy GLP-1 drug. This development comes as the compounding pharmacy industry seeks a way to coexist with the big pharmaceutical companies that invented -- and patented -- GLP-1 ...
Nebius: Reiterate Sell On Insurmountable Headwinds
Seeking Alpha· 2025-05-20 16:38
Nebius (NASDAQ: NBIS ) has seen its stock kick into high gear in no small part due to the bullish rally seen at close competitor CoreWeave ( CRWV ). With the vast majority of its value coming fromJulian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also combines growth-oriented principles with strict valuation hurdles to add an additional layer to the conventional ...
Dell Technologies Reports After Close And Options Expire The Next Day
Forbes· 2025-05-20 16:35
According to NextEarningsDate.com, the Dell Technologies next earnings date is projected to be 5/29 after the close, with earnings estimates of $1.67/share on $23.15 Billion of revenue. Looking back, the recent Dell Technologies earnings history looks like this:DELLtickertechThe company has an impressive long-term earnings per share chart:DELLtickertechAnd with equally impressive revenue growth:DELLtickertechBut earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as ...