Tesla's Energy Storage Business Is Quietly Growing at Triple-Digit Rates. Is This the Company's Next Growth Engine?
The Motley Fool· 2025-06-06 07:11
While most investors are focused on Tesla's electric cars, the company's fastest-growing product category is hiding in plain sight.After years of being viewed as an intriguing side project, Tesla's (TSLA -14.11%) energy business is starting to look like the electric-car company's most underappreciated growth engine. In 2024, energy storage deployments surged, and gross profit from the segment hit new highs. And momentum hasn't slowed. Based on Tesla's first-quarter 2025 results, the division is on pace for ...
Should You Invest $1,000 in ExxonMobil Today?
The Motley Fool· 2025-06-06 07:01
ExxonMobil (XOM -0.55%) is an undisputed leader in the oil industry. With a roughly $450 billion market cap, it's the world's biggest international oil company (IOC) -- that is, not state-owned. It leads IOCs in nearly every metric that matters, including earnings, cash flow, and returns. While ExxonMobil is a leader in today's energy industry, its ability to maintain its leadership will be a crucial factor in fueling its ability to grow shareholder value in the future. Here's a look at whether ExxonMobil i ...
OBI Pharma Enters ADC Collaboration with TegMine Therapeutics utilizing GlycOBI® and TegMiner™ Enabling Technologies
Globenewswire· 2025-06-06 07:00
Core Insights - OBI Pharma and TegMine Therapeutics have entered into a Master Services Agreement (MSA) to collaborate on antibody-drug conjugates (ADCs) [1][2] - The partnership aims to leverage OBI's GlycOBI ADC enabling technologies to identify ADC therapeutic candidates for clinical development [2][3] Company Overview - OBI Pharma is a clinical-stage global oncology company based in Taiwan, established in 2002, focusing on developing novel cancer therapies for patients with high unmet medical needs [5] - TegMine Therapeutics, founded in 2017 and based in San Francisco, specializes in developing next-generation antibody-based therapies targeting cancer-associated glycans and glycoproteins [8][9] Technology and Innovation - OBI's GlycOBI technology is a unique glycan-based ADC platform that is compatible with various antibodies, linkers, and payloads, allowing for site-specific homogenous ADCs [4] - The GlycOBI platform utilizes proprietary enzymatic and linker technologies to enhance conjugation efficiency and reduce aggregation propensity, leading to improved antitumor activity and stability [4][6] Strategic Collaboration - The collaboration is expected to combine the strengths of both companies, with OBI's ADC technology complementing TegMine's focus on targeting cancer-specific glycans [3] - Both companies anticipate developing ADCs with unprecedented tumor specificity and therapeutic impact, addressing significant medical needs [3]
NOTICE REGARDING THE OFFERING RESULTS OF 3rd TRANCHE OF UAB “KVARTALAS” BONDS AND AMENDED FINAL TERMS
Globenewswire· 2025-06-06 07:00
Group 1 - UAB "Kvartalas" aimed to raise 5 million euros during the offering of the third tranche of bonds to finance the development of the "Sąvaržėlė" business centre in Vilnius, with the offering period shortened due to high demand, reaching 11.5 million euros in demand within three days [1][2] - The total nominal value of bonds issued in the third tranche was increased from 5 million euros to 10,131,700 euros, with a total of 30,131,700 euros in bonds issued across all tranches [2] - The bonds were publicly offered to retail and institutional investors in the Baltic States, with 181 investors participating, including 153 from Lithuania, 16 from Estonia, and 12 from Latvia [3] Group 2 - The nominal value of one bond is 100 euros, with a fixed annual interest of 8% paid every six months, and redemption scheduled for 19 December 2026, offered at a price corresponding to a 6.75% yield [4]
Kenyan government has revealed plans to adopt the Danish F2 platform
Globenewswire· 2025-06-06 06:57
Core Insights - The Kenyan government plans to implement the Danish F2 digital platform across all government departments to transition to a paperless working environment [1][2] - The initiative aims to enhance transparency and accountability in the public service, ensuring efficient service delivery through clear and auditable processes [3] - The F2 platform, developed in collaboration with the Danish government, is already in use by various Danish ministries and over 75 government organizations [4] Company and Industry Summary - cBrain is contributing its technology to the Kenyan government's strategic collaboration for the F2 platform rollout [2] - The F2 platform is a commercial off-the-shelf (COTS) solution designed specifically for government use, facilitating fast, scalable, and legally compliant digital operations [5] - The platform has been deployed by government authorities across five continents, supporting public sector workflows and compliance needs [5]
Kitron Wins Additional €7 Million Contract, Expanding Presence in Industrial Automation
Globenewswire· 2025-06-06 06:52
Core Insights - Kitron has signed a significant manufacturing agreement valued at approximately EUR 7 million annually with a leading customer in the industrial automation sector, focusing on high-performance drive modules for automation and motion control systems [1][3] - The agreement includes complete box-build services from Kitron's European facilities, with production scheduled to begin in the fourth quarter of 2025 [2] - The contract reflects Kitron's strong position in the Industry market sector, driven by demand for robust and scalable manufacturing solutions in automation and digital control technologies [3] Company Overview - Kitron is a leading Scandinavian electronics manufacturing services company operating in various sectors, including Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace [4] - The company has operations in multiple countries, including Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China, and the United States, employing approximately 2,400 people [4] - Kitron reported revenues of EUR 647 million in 2024, indicating a strong financial position [4]
Suspension i afdeling under Investeringsforeningen Carnegie Wealth Management
Globenewswire· 2025-06-06 06:49
Group 1 - The investment fund Carnegie Wealth Management will be suspended on June 6, 2025, due to local stock market closures [1] - The specific fund affected is the Nordic Equities fund, identified by its LEI code 549300822ZTGB1F0PU21 and ISIN code DK0061136058 [2] - Inquiries regarding this announcement can be directed to Niels Erik Eberhard, the Director of Invest Administration A/S, at phone number 3814 6600 [2]
Amgen's Strategic Path - Navigating Patent Expiries With Promising New Therapies
Seeking Alpha· 2025-06-06 06:31
Group 1 - The article discusses the analytical approach of a healthcare and tech stock analyst who combines clinical insights with valuation methods to identify investment opportunities [1] - The analyst specializes in scenario-based DCF modeling, sensitivity analysis, and Monte Carlo simulations to assess asymmetric risk-reward profiles [1] - The focus is on translating complex scientific and market dynamics into actionable investment theses, influenced by concepts from "Superforecasting" and "Fooled by Randomness" [1] Group 2 - The article emphasizes the importance of independent verification of information and conducting thorough research before making investment decisions [3] - It highlights that past performance is not indicative of future results and that no specific investment recommendations are provided [4]
Vaisala Corporation: Managers’ Transactions – Lindfors, Heli
Globenewswire· 2025-06-06 06:00
Vaisala CorporationManagers’ TransactionsJune 6, 2025, at 09:00 a.m. (EEST) Vaisala Corporation: Managers’ Transactions – Lindfors, Heli ____________________________________________ Person subject to the notification requirementName: Lindfors, HeliPosition: Chief Financial OfficerIssuer: Vaisala OyjLEI: 743700RNDD7KU11HW873 Notification type: INITIAL NOTIFICATIONReference number: 743700RNDD7KU11HW873_20250605161406_75____________________________________________ Transaction date: 2025-06-05Venue not applicab ...
Sanoma completed repurchase of own shares
Globenewswire· 2025-06-06 06:00
Sanoma Corporation, Stock Exchange Release, 6 June 2025 at 9:00 EET Sanoma completed repurchase of own shares Sanoma has completed the repurchase of own shares, which started on 1 November 2024 and ended on 5 June 2025. During that time, Sanoma acquired a total of 720,000 own shares for an average price of EUR 8.1433 per share. The total sum used for the repurchase was EUR 5.9 million. The shares were acquired in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase. ...