EchoStar (SATS) Moves 49.1% Higher: Will This Strength Last?
ZACKS· 2025-06-17 12:41
EchoStar (SATS) shares ended the last trading session 49.1% higher at $25.11. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 28% loss over the past four weeks.The stock price appreciated after Bloomberg reported that President Donald Trump intervened in a regulatory dispute involving the company’s wireless spectrum licenses. Trump reportedly has urged Chairman of EchoStar and the Chairman of FCC to bring a resolut ...
AITX Restructures Millions in Debt, Targets FY Q2 Profit
Globenewswire· 2025-06-17 12:40
One-Time Accounting Gain Accelerates Path to Sustainable Growth Detroit, Michigan, June 17, 2025 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc. (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients, today announced it has restructured and settled over $4.5 million in debt for less than 10% of the debt owed. This decisive action is expected to deliver a significant one-time gain for the current quarter, positioning AITX t ...
Premier Graphene Announces New Strategic Joint Venture in Unique, Proprietary, Body Armor Protection
Globenewswire· 2025-06-17 12:40
Following the Second Pending Contract for Protective Plates, Our Enhanced Proprietary Graphene Technology Will be Initiated for Coating of the ArmorEL CENTRO, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- Premier Graphene Inc. (OTC: BIEI), formerly Premier Biomedical Inc., announced today, along with its affiliate HGI Industrial Technologies SAPI, and Nevada Ballistic Armor Corp., its launch of a multinational joint venture producing highly protective body armor for military. As part of this collaboration, Prem ...
Premier Graphene Announces New Strategic Joint Venture in Unique, Proprietary, Body Armor Protection
GlobeNewswire News Room· 2025-06-17 12:40
EL CENTRO, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- Premier Graphene Inc. (OTC: BIEI), formerly Premier Biomedical Inc., announced today, along with its affiliate HGI Industrial Technologies SAPI, and Nevada Ballistic Armor Corp., its launch of a multinational joint venture producing highly protective body armor for military. As part of this collaboration, Premier and HGI Industrial Technologies delivered armored plates for final testing to a Latin American country. The armored plates have already yielded ...
Yum! Brands names CFO Chris Turner as its next CEO
CNBC· 2025-06-17 12:39
Yum! Brands on Tuesday named Chief Financial and Franchise Officer Chris Turner as its next CEO, effective October 1.He will replace David Gibbs, who announced his retirement earlier this year. Gibbs has led Yum since 2020 and will stay on as an advisor through 2026.Turner joined the fast food company in 2019. Before that, he held senior roles at PepsiCo and spent over a decade at McKinsey."I'm deeply honored to step into the role of CEO at Yum! Brands and incredibly grateful for the opportunity to lead thi ...
Natural Gas Services Provides Key Support For Oil And Gas Production
Seeking Alpha· 2025-06-17 12:38
I am a big fan of companies that follow an easy-to-understand, yet highly profitable business model. Such is the case with Natural Gas Services (NYSE: NGS ) . The company provides equipment and services that help oil andI have been involved in the financial world for over 20 years with experience as an advisor, teacher, and writer. I am a full believer in the free-market system and that financial markets are efficient with most stocks reflecting their real current value. The best opportunities for profits o ...
New Jersey Resources: Undervalued Growth In A Defensive Utility Sector
Seeking Alpha· 2025-06-17 12:35
New Jersey Resources Corporation (NYSE: NJR ) stands out among mid cap regulated utilities. The company's portfolio is balanced; its core utility franchise is expanding, and-crucially-management has a clear line of sight to further earnings growth. Even asI hold a PhD in Machine Learning focused on Economics and Finance and have academic affiliations with IESE Business School, ESADE Business School, and the Barcelona Supercomputing Center. My professional experience includes working at Deloitte Financial Ad ...
NXP Completes Acquisition of TTTech Auto to Accelerate the Transformation to Software-Defined Vehicles
Globenewswire· 2025-06-17 12:35
Core Insights - NXP Semiconductors has completed the acquisition of TTTech Auto, a leader in safety-critical systems and middleware for software-defined vehicles (SDVs), as per the agreement announced in January 2025 [1][7] - The acquisition aims to enhance the NXP CoreRide platform and TTTech Auto's MotionWise safety middleware, facilitating automakers in overcoming integration barriers while improving scalability and cost-efficiency for next-generation vehicles [2] Company Strategy - TTTech Auto will maintain a neutral position within the industry ecosystem, supporting various System-on-Chips manufacturers, OEMs, and third-party software partners, which will advance SDV capabilities while ensuring safety and data protection [3] - NXP Semiconductors operates in over 30 countries and reported a revenue of $12.61 billion in 2024, indicating a strong market presence and financial stability [5]
SMCI, PLTR and CRWV Forecast – Stocks Quiet in the Premarket Hours of Tuesday
FX Empire· 2025-06-17 12:34
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Why Nebius Group Is One of the Top AI Stocks to Watch
MarketBeat· 2025-06-17 12:31
Core Viewpoint - Nebius Group is positioned to advance its stock price following the divestiture of its Russian operations, which closed last year, and is now focused on its AI agenda [1] Company Overview - Nebius Group's stock price is currently at $50.46, reflecting a 7.07% increase, with a 52-week range between $14.09 and $55.04, and a price target of $66.50 [2] - The company is now a more focused entity, pursuing the development of advanced HPC data centers for the AI industry, and is recognized as a Reference Platform NVIDIA Cloud Partner [2][3] Financial Performance - In FQ1, Nebius Group reported a revenue surge of 385% year-over-year, driven by significant increases across all segments, particularly in AI infrastructure [4] - The company anticipates full-year revenue between $500 million and $700 million, indicating a forecast for substantial sequential acceleration [4] Balance Sheet and Risks - The balance sheet is strong, with ample cash and low leverage, although there is a risk of dilution due to an increase in share count [5] Analyst Sentiment - Analysts have responded positively, with increased coverage and upgrades to Buy, forecasting a 35% upside at consensus [6] - Institutional ownership is currently at 22%, with significant buying activity noted in Q2 [6] Future Outlook - Nebius Group is on track for hypergrowth and profitability, with expectations of positive EBITDA in the second half of the year [7] - The consensus for F2025 is about 15% below the mid-point of the guidance range, suggesting potential for significant outperformance [7] Market Trends - Chart analysis indicates a bullish market trend, with a critical resistance point near $51, suggesting potential for a significant price increase if surpassed [8]