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A Rare Ground-Floor Entry in Hard-Rock Lithium: Elektros Inc. (OTC:ELEK) Positioned at a Bottom-Basement Valuation for Investors Seeking Early-Stage Upside
Accessnewswire· 2026-02-01 22:30
Core Viewpoint - Elektros Inc. has engaged Ludlow Consulting to improve its corporate messaging, media relations, and shareholder engagement, indicating a strategic move to enhance its market presence and investor communication [1] Group 1: Company Strategy - The company aims to elevate its institutional-grade messaging and media visibility through the partnership with Ludlow Consulting [1] - Elektros believes its current market positioning offers a significant investment opportunity, describing it as a "bottom-basement discount level" [1] Group 2: Industry Context - Elektros operates in the hard-rock lithium mining sector, specifically with operations in Sierra Leone, which is a critical area for lithium production [1]
Coinbase Directors and CEO Facing Insider Trading Lawsuit
PYMNTS.com· 2026-02-01 22:24
Core Viewpoint - An insider trading lawsuit against several Coinbase directors, including CEO Brian Armstrong, has been allowed to proceed despite an internal investigation clearing them of wrongdoing [2][3]. Group 1: Lawsuit Details - The lawsuit was initiated by an investor in 2023, alleging that the directors used confidential information to avoid over $1 billion in losses by selling approximately $2.9 billion of stock during Coinbase's direct listing in 2021 [2]. - Judge Kathaleen St. J. McCormick rejected a motion to dismiss the lawsuit due to perceived conflicts of interest within the internal committee that investigated the claims [3]. - The judge noted that the committee's report supports the defendants' defense, suggesting they may ultimately prevail in the lawsuit [3]. Group 2: Coinbase's Response and Industry Context - Coinbase expressed disappointment over the court's decision and reaffirmed its commitment to contest what it describes as meritless claims [5]. - In a separate context, Armstrong discussed the potential of tokenization at the World Economic Forum, emphasizing its role in addressing inefficiencies in the financial system, particularly regarding settlement speed, fees, and access [5][6]. - Armstrong highlighted the global "unbrokered" population of around 4 billion people lacking access to high-quality investment assets, positioning stablecoins as a successful example of tokenization's potential [6][7].
Onyxcoin Holders Sold in Panic, But Technical Charts Show Breakout Potential
Yahoo Finance· 2026-02-01 22:22
Onyxcoin price has declined in recent sessions, prompting concern among short-term holders. The drop appeared bearish on the surface, yet underlying signals tell a different story.  Instead of confirming weakness, the pullback created a potential accumulation window. Many investors failed to recognize this shift and sold into declining prices. Onyxcoin Holders Make An Early Exit Investor behavior turned sharply bearish over the past week. Exchange balances for Onyxcoin increased by roughly 350 million X ...
Affiance Financial Bets $43 Million on Chuck Akre's "Compounding Machines" ETF
Yahoo Finance· 2026-02-01 22:21
Core Insights - Affiance Financial initiated a new position in the Akre Focus ETF, acquiring 656,658 shares valued at approximately $43.02 million based on quarterly average pricing [1][2] Company Overview - The Akre Focus ETF is focused on long-term capital appreciation through a concentrated portfolio of U.S. and select international equities, emphasizing business quality and sustainable growth [6] - As of January 21, 2026, the ETF's price was $61.41, with net assets totaling $9.37 billion, and it operates within the Financial Services sector, specifically in Asset Management [4] Investment Strategy - The fund employs a disciplined investment process that allows for the identification and holding of companies with strong fundamentals and attractive reinvestment prospects [6] - The Akre Focus ETF's competitive advantage lies in its rigorous stock selection and the ability to adapt allocations across various equity instruments to optimize risk-adjusted returns [6] Affiance Financial's Positioning - The new position in the Akre Focus ETF represents 6.92% of Affiance Financial's 13F reportable assets under management as of December 31, 2025 [7] - Following this acquisition, the top holdings of Affiance Financial include VOO, AGG, VTI, and AKRE, with AKRE now representing around 7% of the portfolio [7][9]
The Sleeper Fintech Stock That Could Surge Before Wall Street Notices
Yahoo Finance· 2026-02-01 22:05
Core Viewpoint - The fintech stock Block is currently trading 77% below its all-time high established in August 2021, indicating a potential investment opportunity as it may surge before Wall Street takes notice [2]. Valuation - Block's shares are trading at an attractive EV-to-EBIT ratio of 15.1, making it a compelling valuation in a market where valuation is a significant concern [3]. - A lower valuation multiple provides a margin of safety for investors, minimizing downside risk if future performance expectations are overly optimistic [4]. Business Performance - Block is experiencing growth and profitability, with the Square segment showing a 9% year-over-year gross profit growth in Q3, while Cash App's gross profit rose by 24% during the same period [5]. - The company's operating income has been increasing significantly [5]. Bitcoin Focus - Block's Bitcoin initiatives are often overlooked, but they present underappreciated upside potential [6]. - CEO Jack Dorsey has been a proponent of Bitcoin since 2021, believing it could serve as a native currency for the internet due to its digital, decentralized, and scarce nature [7]. - Block's Bitcoin projects include a self-custody wallet called Bitkey, cryptocurrency mining equipment under the Proto brand, Bitcoin trading for Cash App users, and the ability for Square sellers to accept Bitcoin payments [8].
Capstone Copper Resumes Operations at Mantoverde
Businesswire· 2026-02-01 22:00
Core Viewpoint - Capstone Copper Corp. has resumed operations at the Mantoverde mine in Chile after a disruption caused by issues with the desalination plant, while a strike by Union 2 continues, affecting approximately 22% of the workforce [1][3]. Group 1: Operations Update - Operations at the Mantoverde mine have resumed, with production expected to be between 50% to 75% of normal levels during the ongoing strike [1]. - The strike by Union 2 began on January 2, 2026, and represents about 22% of the total workforce at Mantoverde [3]. - Capstone Copper is open to discussions with Union 2 to resolve the labor dispute and is committed to legal procedures and employee rights [1][3]. Group 2: Production Performance - Capstone Copper achieved record annual copper production of 224,764 tonnes in 2025, marking a 22% increase compared to 2024 [3]. - The company met its annual copper production guidance for 2025, demonstrating operational resilience despite the labor disruptions [3]. Group 3: Company Overview - Capstone Copper Corp. is focused on copper mining in the Americas, with a portfolio that includes several mines in the USA and Mexico, as well as the Mantoverde mine in Chile [1]. - The company's strategy emphasizes transformational copper production growth, cost improvements, and responsible production practices [1].
Retiring With $800,000? Here's the Annual Income That Might Give You.
Yahoo Finance· 2026-02-01 21:56
Core Insights - Retirement savings can be challenging for many individuals due to ongoing expenses like mortgage payments and medical bills, leading to potential neglect of IRA or 401(k) contributions [1] - An $800,000 retirement nest egg is significantly better than having no savings, but understanding the annual income it can generate is crucial [2] Investment Scenarios - The $800,000 savings balance can provide varying annual incomes based on different withdrawal rates: - A 4% withdrawal rate yields $32,000 annually, not accounting for inflation [3] - A more conservative 3% withdrawal rate results in $24,000 annually [4] - A more aggressive 5% withdrawal rate, suitable for those with a substantial stock market investment, could provide $40,000 annually [5] Financial Planning - It is essential to calculate a suitable withdrawal rate to ensure that retirement savings last throughout retirement [6] - Additional income sources, such as Social Security benefits, may supplement the income from the nest egg, but it is vital to ensure that savings can support the desired lifestyle [7] - Delaying retirement could enhance savings and allow for a more comfortable retirement plan [7]
BHP backs the next wave of exploration and technology talent in its biggest Xplor intake yet
Globenewswire· 2026-02-01 21:52
Core Insights - BHP has selected 10 early-stage exploration and technology companies for the 2026 BHP Xplor program, marking the largest cohort since the program's inception [1] - The 2026 cohort emphasizes a connected approach to early-stage exploration, integrating geological insight, data, and emerging technologies [2] - The program aims to enhance understanding of mineral systems in remote and complex environments through interdisciplinary collaboration [3] Exploration Companies - FrontierX (Canada) focuses on uranium exploration and is undertaking a preliminary project to test geological concepts [5] - Litchfield Minerals (Australia) is advancing copper, zinc, lead, silver, and gold opportunities, particularly in the Oonagalabi project [6] - Orion Minerals (South Africa) is applying modern data analytics to identify new discovery opportunities in its copper and zinc asset portfolio [7] - Otrera Resources (South America) is focused on sediment-hosted copper systems, leveraging regional experience and modern geochemical approaches [8] - PT GeoFix (Indonesia) is a geoscience consultancy applying proprietary tools to test new copper-gold exploration concepts [9] - Utah Geological Survey (USA) is leading a regional mineral systems analysis to improve understanding of mineral potential in the eastern Great Basin [10] Technology Companies - RadiXplore (Australia) uses AI to analyze historical exploration records and modern data for copper exploration [11] - Mineural (Canada) employs AI to help exploration teams identify and prioritize mineral targets more efficiently [12] - VectOres Science (USA) develops non-invasive tools to support mineral exploration, focusing on real-time data for early identification of mineral systems [13] - Discovery Genomics (Canada) is advancing DNA sequencing as a tool for mineral exploration, testing microbial DNA signatures to identify buried mineral systems [14]
OWL Deadline: OWL Investors Have Opportunity to Lead Blue Owl Capital Inc. Securities Fraud Lawsuit
Prnewswire· 2026-02-01 21:50
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Blue Owl Capital Inc. securities between February 6, 2025, and November 16, 2025, of the lead plaintiff deadline on February 2, 2026, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Blue Owl securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by February 2, 2026 [2]. - Investors can join the class action by submitting a form or contacting the law firm for more information [5]. Group 2: Law Firm Credentials - Rosen Law Firm specializes in securities class actions and has a strong track record, including the largest securities class action settlement against a Chinese company [3]. - The firm has been ranked highly for its number of securities class action settlements and has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 [3]. - Founding partner Laurence Rosen has received recognition as a leading figure in the plaintiffs' bar [3]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Blue Owl made false or misleading statements and failed to disclose significant issues, including pressure on its asset base from BDC redemptions and undisclosed liquidity issues [4]. - It is claimed that Blue Owl was likely to limit or halt redemptions of certain BDCs, and the defendants downplayed the severity of these issues, leading to materially misleading statements about the company's business and prospects [4]. - Investors reportedly suffered damages when the true details became known [4].
Eramet: Announcement from the Board of Directors regarding the management of the Group
Globenewswire· 2026-02-01 21:45
Core Viewpoint - The Board of Directors of Eramet has terminated the mandate of CEO Paulo Castellari due to operational method divergences, effective immediately, and appointed Chairwoman Christel Bories as interim CEO while searching for a new CEO [1][2]. Group Management Changes - Paulo Castellari's termination as CEO is attributed to differences in operational methods [1]. - Christel Bories has been appointed as interim CEO, with the intention to separate the roles of Chair and CEO once a new CEO is selected [2]. Company Performance and Strategy - The Board expresses gratitude to Paulo Castellari for his contributions and emphasizes ongoing commitments to safety, operational performance, and cost reduction in a challenging environment [3]. - Eramet's portfolio includes world-class assets that are well-positioned to support the energy transition, with a successful lithium site ramp-up in Argentina serving as a new growth pillar [3]. Upcoming Financial Reporting - The publication of the Group's annual results is scheduled for February 18, 2026 [4]. Company Overview - Eramet focuses on transforming Earth's mineral resources to provide sustainable solutions for industrial growth and energy transition challenges, with a commitment to responsible practices across its operations [5]. - The company recovers and develops essential metals such as manganese, nickel, lithium, and cobalt, contributing to sustainable infrastructure and technology [6].