Blockmate expands treasury, acquires 1 more Bitcoin
Globenewswire· 2025-07-30 14:26
TORONTO, July 30, 2025 (GLOBE NEWSWIRE) -- Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH) (“Blockmate” or the “Company”) is pleased to announce the expansion of its Bitcoin treasury division through the acquisition of 1 Bitcoin, which takes Blockmate’s treasury holding to 2 Bitcoin. The new 1 Bitcoin acquisition was funded from Blockmate’s existing cash reserves and is now stored with secure wallet infrastructure that has been integrated with Blockmate’s audited reporting. The treasury is a ...
Gold can't catch a break even after US pending home sales drops 0.8% in June
KITCO· 2025-07-30 14:21
Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...
RXST Class Action Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the RxSight, Inc. Class Action
Prnewswire· 2025-07-30 14:21
SAN DIEGO, July 30, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired RxSight, Inc. (NASDAQ: RXST) securities between November 7, 2024 and July 8, 2025. RxSight is a commercial-stage medical technology company, engaged in the research and development, manufacture, and sale of light adjustable intraocular lenses ("LAL") used in cataract surgery in the United States. The Company's primary product is the RxSight system ...
NVIDIA: A Major Indicator Just Flashed Sell, But Should You?
MarketBeat· 2025-07-30 14:20
Core Viewpoint - NVIDIA's stock has experienced a remarkable 100% increase since April, reaching a market capitalization of $4 trillion, but technical indicators suggest potential downward momentum [1][3][11]. Technical Indicators - The Moving Average Convergence Divergence (MACD) has recently shown a bearish crossover, indicating a possible shift to downward momentum for NVIDIA's stock [3][4]. - The Relative Strength Index (RSI) is at 71, suggesting that the stock is extremely overbought, which often precedes a short-term price correction [6][7]. Valuation Concerns - NVIDIA's price-to-earnings (P/E) ratio has surged from 35 in April to nearly 60, raising concerns about the sustainability of its valuation and the necessity for strong earnings in the upcoming report [8][9]. Analyst Sentiment - Despite the technical warnings, analyst sentiment remains positive, with a 12-month stock price forecast averaging $181.22, indicating a potential upside of 3.25% [10]. - Major firms like Jefferies and Bank of America have reiterated their Buy ratings, with price targets as high as $220, suggesting further upside potential of at least 25% from current levels [11]. Strategic Positioning - NVIDIA continues to be a leader in graphics processing, data center infrastructure, and custom AI chips, making it a key player in the AI megatrend [11][12].
CEO.CA's Inside the Boardroom: Revival Gold's C$29M Upsize: EMR Capital Entry and Dundee Doubles Down
Newsfile· 2025-07-30 14:20
Toronto, Ontario--(Newsfile Corp. - July 30, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in venture stocks, shares exclusive updates with CEOs and executives from around the globe.Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from a ...
Surge Energy: Works Magic With $70 Oil, Q2 Beat & 2030 Scenario Projections
Seeking Alpha· 2025-07-30 14:19
In my latest article on Surge Energy (TSX: SGY:CA )( OTCPK:ZPTAF ), I argued that the stock was finally cheap enough for risk-aware investors to consider a position. The company offered a very compelling dividend yield, which was covered atOil, Gas, Energy, Metals - That's the core of my research.I am a semi-retired former engineer who switched careers in 2018 to focus on capital management. I acquired most of my knowledge about finance and valuation from NYU Professor Damodaran and books like "Margin of Sa ...
CNC Investor Alert: Kessler Topaz Meltzer & Check, LLP Urges CNC Investors with Losses to Contact the Firm
GlobeNewswire News Room· 2025-07-30 14:17
RADNOR, Pa., July 30, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against Centene Corporation (“Centene”) (NYSE: CNC) on behalf of those who purchased or otherwise acquired Centene securities between December 12, 2024, and June 30, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is September 8, 2025. ...
Texas Instruments (TXN) International Revenue Performance Explored
ZACKS· 2025-07-30 14:15
Core Viewpoint - Texas Instruments (TXN) has shown significant international revenue trends, which are crucial for assessing its financial resilience and growth prospects in a globally interconnected economy [2][3]. Group 1: International Revenue Performance - Total revenue for the quarter was $4.45 billion, reflecting a 16.4% increase from the previous year [4]. - Revenue from China was $985 million, accounting for 22.14% of total revenue, with a surprise increase of 14.81% compared to analyst expectations [5]. - The Rest of Asia contributed $487 million, or 10.95% of total revenue, exceeding expectations by 6.14% [6]. - Europe, Middle East, and Africa generated $891 million, making up 20.03% of total revenue, but fell short of expectations by 4.72% [7]. - Japan's revenue was $295 million, constituting 6.63% of total revenue, which was a 4.53% miss compared to projections [8]. - The Rest of World contributed $83 million, or 1.87% of total revenue, surpassing expectations by 14.34% [9]. Group 2: Future Revenue Expectations - Analysts project total revenue of $4.64 billion for the current fiscal quarter, an 11.9% increase year-over-year, with specific contributions expected from various regions [10]. - For the full year, total revenue is anticipated to reach $17.62 billion, reflecting a 12.7% increase from the previous year, with detailed regional contributions outlined [11]. Group 3: Market Context and Analysis - The dependency on international markets presents both opportunities and challenges for Texas Instruments, making the monitoring of overseas revenue trends essential for predicting future performance [12]. - Analysts are increasingly focused on international developments and their impact on earnings estimates, which are critical for stock price movements [13].
Federal Signal (FSS) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2025-07-30 14:15
Federal Signal (FSS) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +10.38%. A quarter ago, it was expected that this company that makes products ranging from street sweepers to toll booth technology for government, industrial and commercial customers would post earnings of $0.73 per ...
Gates Industrial (GTES) Q2 Earnings Meet Estimates
ZACKS· 2025-07-30 14:15
Gates Industrial (GTES) came out with quarterly earnings of $0.39 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this manufacturer of power transmission and fluid power systems would post earnings of $0.33 per share when it actually produced earnings of $0.36, delivering a surprise of +9.09%.Over the last four quarters, the company has surpassed consensus E ...