Lomiko Metals Provides Market and Corporate Update
Businesswire· 2026-03-02 12:46
category, relative to the 2021 Mineral Resource Estimate. The MRE assumes a US$1,098.07 per tonne graphite price and a cut-off grade of 1.50% Cg (graphitic carbon). The independent and qualified persons for the mineral resource estimate, as defined by NI 43 101, are Marina Iund, P.Geo. (InnovExplo Inc.), Martin Perron, P.Eng. (InnovExplo Inc.)., Simon Boudreau, P.Eng. (InnovExplo Inc.). and Pierre Roy, P.Eng. (Soutex Inc.). The effective date of the estimate is May 11, 2023.The Company also holds interest i ...
Coincheck Group Completes Acquisition of 3iQ, a Global Pioneer in Digital Asset Investment Solutions
Businesswire· 2026-03-02 12:45
3iQ's most recent industry recognition and awards include: AMSTERDAM--(BUSINESS WIRE)--Coincheck Group N.V. (Nasdaq: CNCK, "Coincheck Group†), the holding company of Coincheck, Inc. ("Coincheck†), one of Japan's leading crypto asset exchanges, today announced that on February 28, 2026 it completed the acquisition of approximately 99.8% beneficial ownership of 3iQ Corp., one of the world's leading alternative digital asset managers. 3iQ is based in Ontario, Canada. The signing of the stock purchase agree ...
Energy Stocks Surge As 'Operation Epic Fury' Ignites Middle East Oil Risk Premium - Chevron (NYSE:CVX)
Benzinga· 2026-03-02 12:44
Oil giants and related ETFs rocketed in pre-market action Monday, fueled by Brent crude’s sharp climb on U.S.-Iran hostilities. The weekend killing of Iran’s Supreme Leader Ayatollah Ali Khamenei in joint U.S.-Israeli strikes sent traders scrambling for energy exposure.President Donald Trump suggested that the current U.S. and Israel's military strikes against Iran, also called "Operation Epic Furry," could persist for “four to five weeks,” if necessary.Crude Rally Hits 8% on DisruptionsBrent crude surged r ...
Institutional crypto adoption remains flat in 2025: GlobalData
Yahoo Finance· 2026-03-02 12:44
Core Insights - There has been no change in institutions' interest in operational crypto adoption between H1 and H2 of 2025, with over 40% of financial services industry insiders reporting involvement or plans for crypto implementation [1][2] Group 1: Institutional Interest and Adoption - The stablecoin growth in 2025 appears to be usage-driven rather than stemming from deeper core-system integration by regulated financial institutions [2] - Positioning will be crucial for operational-level involvement in the crypto space, as use cases vary across different geographies [3] - Regulatory advancements have created significant interest in crypto adoption among financial institutions in advanced economies, but this institutionalization may dilute the original value proposition of cryptocurrencies [3] Group 2: Necessity-Driven Adoption - Countries like Ukraine and Nigeria lead in crypto transactional use, driven by necessity rather than institutional endorsement, highlighting that crypto adoption can fill gaps left by domestic monetary systems [4] - The demand for cryptocurrencies in these markets is organically driven by their characteristics, which institutions have not adequately addressed [4]
US FDA lifts clinical hold on Intellia's heart disease gene therapy trial
Reuters· 2026-03-02 12:40
Company Overview - Intellia Therapeutics has received clearance from the U.S. Food and Drug Administration (FDA) to proceed with its late-stage clinical trial for an experimental gene therapy targeting heart disease [1]. Industry Impact - The lifting of the clinical hold by the FDA is a significant development for the gene therapy sector, indicating regulatory support for innovative treatments in the healthcare industry [1].
14 Most Undervalued NYSE Stocks to Buy According to Analysts
Insider Monkey· 2026-03-02 12:39
“I think the economic outlook is actually good,” according to Roger Altman, founder and senior chairman of Evercore, during an interview on CNBC’s Squawk Box on February 25. He then proceeded to enumerate several economic data points to support this claim.Roger said Evercore expects real GDP to grow between 2.50% to 2.75% for 2026. Inflation is trending back down and is now approaching the lower bound of the US Fed’s target range. Nominal wages are also expected to grow by over 3% this year, which would mea ...
Norwegian Cruise Line Posts Lower Profit, Sees Challenges in 2026
WSJ· 2026-03-02 12:39
Core Viewpoint - Norwegian Cruise Line reported a decrease in fourth-quarter profit and indicated challenges related to the timing of its Caribbean capacity expansion [1] Company Summary - Norwegian Cruise Line experienced lower profits in the fourth quarter [1] - The company is facing difficulties due to the mistiming of its increase in capacity in the Caribbean market [1]
What Is One of the Best Dividend Stocks to Buy With $10,000?
Yahoo Finance· 2026-03-02 12:38
Core Viewpoint - Coca-Cola is highlighted as a reliable dividend stock with a strong history of consistent dividend increases and solid financial performance, making it an attractive investment option for 2026 [2][4]. Financial Performance - Coca-Cola announced its 64th consecutive annual dividend increase, with a current payout that allows a $10,000 investment to generate approximately $262 in dividends over the next year [2]. - The company reported sales growth of 2% year over year, reaching $47.9 billion, supported by a diverse portfolio of 32 brands each generating over $1 billion in annual sales [4]. Resilience and Market Position - Coca-Cola has shown remarkable resilience, experiencing only one year of decline in unit case volume over the last 50 years, even during economic recessions [5]. - The company continues to gain market share in its category, with recent improvements in margins indicating strong pricing power [5]. Investment Considerations - While Coca-Cola is considered a strong candidate for consistent income, it was not included in a recent list of the top 10 stocks recommended by The Motley Fool Stock Advisor, which suggests potential investors should consider other options as well [7].
Consortium Led by Global Infrastructure Partners and EQT Agrees to Acquire AES
Prnewswire· 2026-03-02 12:38
Core Viewpoint - The acquisition of AES Corporation by a consortium led by Global Infrastructure Partners and EQT is aimed at enhancing AES's growth as a leading clean energy platform across the Americas, with a total equity value of $10.7 billion and an enterprise value of approximately $33.4 billion, including debt [1][2]. Transaction Details - The consortium will acquire AES for $15.00 per share in cash, representing a 40.3% premium to the 30-day volume weighted average share price prior to July 8, 2025 [1]. - The transaction is expected to close in late 2026 or early 2027, subject to stockholder and regulatory approvals [2]. - AES's regulated utilities, including AES Indiana and AES Ohio, will continue to operate under local management and remain regulated by authorities [2]. Financial Implications - The acquisition is designed to address AES's significant capital needs for growth beyond 2027, which could otherwise require a reduction or elimination of dividends and/or substantial new equity issuances [1]. - As a private company, AES will gain increased financial flexibility to invest in critical energy infrastructure and meet customer needs [1][2]. Strategic Positioning - The consortium's investment is expected to enhance AES's capabilities in providing reliable, affordable, and sustainable energy solutions, particularly in the U.S. and Latin America [1][2]. - AES is positioned to expand its leadership in the clean energy sector, supported by a robust development pipeline and existing agreements to supply 11.8 GW of power to major technology firms [1]. Executive Commentary - AES's Board of Directors believes the transaction maximizes value for stockholders and provides compelling cash value, especially given the need for capital to support future growth [1]. - The consortium members express confidence in AES's operational excellence and commitment to energy transition, aiming to strengthen AES's operating platform and enhance reliability [2].
BMW Group to deploy humanoid robots in production in Germany for the first time
Yahoo Finance· 2026-03-02 12:37
Core Insights - The BMW Group is launching a pilot project in Europe to integrate 'Physical AI' with humanoid robots at its Leipzig plant, aiming to enhance car production and explore applications in battery and component manufacturing [1] - Digitalisation and artificial intelligence are central to improving production competitiveness, combining engineering expertise with AI to unlock new production possibilities [2] Production Innovations - A previous pilot project with humanoid robots at the Spartanburg plant in the U.S. provided insights that are now being utilized to further develop and scale Physical AI applications [3] - The BMW Group's production system already incorporates AI, utilizing digital twins, AI-enabled quality controls, and autonomous transport solutions across nearly all production steps [4] Data Integration - Effective AI use in production requires a unified IT and data model, which BMW has established by transforming isolated data silos into a consistent, standardized data platform, allowing for autonomous and complex task execution by digital AI agents [5] - The introduction of intelligent decision-making agents signifies a paradigm shift in production, with Physical AI comprising both digital AI agents and robots [5] Strategic Goals - The company aims to be a technology leader by early integration of new technologies into production, using pilot projects to test and develop AI-enabled robots under real-world conditions [6] - Digitalisation and AI are foundational elements of the BMW iFACTORY, ensuring future-proof, flexible, and competitive production [7] Automation Expansion - The BMW Group is strategically expanding its automation portfolio to include Physical AI and humanoid robotics, which are seen as valuable complements to existing automation, particularly in monotonous, ergonomically demanding, or safety-critical tasks [8]