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GigaCloud Technology: Valuation Is Cheap
Seeking Alpha· 2025-06-16 13:24
I have been closely following GigaCloud Technology Inc. (NASDAQ: NASDAQ: GCT ) and I must say this is the kind of stock that you take with a pinch of salt. Why? Because I would say that the stock has had decent factorAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other th ...
Comerica Bank Ushers in New Era of RTP® Through New On-Behalf-Of (OBO) Payment Solutions
Prnewswire· 2025-06-16 13:23
Comerica Bank and client Monex USA work together to introduce new OBO capabilities. DALLAS, June 16, 2025 /PRNewswire/ -- Comerica Bank "Comerica" announced it will become an early adopter of The Clearing House's revised rules for domestic On-Behalf-Of (OBO) payments on the RTP® network, the largest and most utilized instant payments network in the United States operated by The Clearing House. Comerica Bank, and its client Monex USA, a leading provider of international payments, corporate FX and currency ri ...
Equinor's 2025 Energy Outlook Warns of Fragmented Energy Transition
ZACKS· 2025-06-16 13:20
Key Takeaways The 2025 report from Equinor presents four scenarios shaped by cooperation, policy shifts and tech progress. Rising emissions and shifting political priorities signal that the world is off track from the climate target. The EQNR "Bridges" scenario is the only one that meets Paris goals, demanding rapid global action.Equinor ASA (EQNR) , the Norwegian energy giant, has released its Energy Perspectives 2025 report, presenting four divergent scenarios for the world economy, energy markets, and ...
DTE Energy Rides on Clean Energy Focus and Smart Investments
ZACKS· 2025-06-16 13:20
Key Takeaways DTE plans $30B in capex over five years to enhance infrastructure and meet earnings growth targets. DTE Electric has deployed 2,300 MW of renewables as of March 31, 2025, with more growth ahead. DTE stock has risen 12% in six months, outperforming the industry's 7.1% growth in the same period.DTE Energy Company (DTE) has long-term capital expenditure plans to upgrade and extend its infrastructure to provide customers with more efficient services. The company is also making ongoing investment ...
ScanTech AI Attends 97th Annual AAAE Conference
Globenewswire· 2025-06-16 13:20
Showcasing AI-Driven Screening Solutions Designed to Transform Aviation Security and Operational EfficiencyAtlanta, GA, June 16, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a leading innovator in advanced security screening technologies is pleased to announce its successful participation in the 97th Annual American Association of Airport Executives (AAAE) Conference, held this week in Atlanta, GA. The Company used the platform to engage with aviation le ...
Diana Shipping Inc. Announces the Sale of a Panamax Dry Bulk Vessel, the m/v Selina
Globenewswire· 2025-06-16 13:17
Core Viewpoint - Diana Shipping Inc. has signed a Memorandum of Agreement to sell the 2010-built Panamax vessel "Selina" for approximately US$11.8 million, with delivery expected by August 15, 2025 [1] Fleet Composition - Following the sale, Diana Shipping Inc.'s fleet will consist of 36 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 5 Panamax, and 9 Ultramax [2] - The combined carrying capacity of the fleet, including the m/v Selina and excluding two vessels not yet delivered, is approximately 4.1 million dwt with a weighted average age of 11.63 years [2] - The company expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028 [2] Company Overview - Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels [3] - The vessels are primarily employed on short to medium-term time charters, transporting a range of dry bulk cargoes such as iron ore, coal, and grain along worldwide shipping routes [3]
How Tutor Perini Turned A Profit In Q1 2025
Seeking Alpha· 2025-06-16 13:16
Construction giant Tutor Perini Corporation ( TPC ) turned a profit in the first quarter of 2025, its first quarterly black ink since Q2-2024. It’s also one of just three profitable quarters since Q3-2022.Robert F. Abbott has been investing his family’s accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A resident of Aird ...
Oil Prices Spike on Conflict - How High Could Crude Go Now?
ZACKS· 2025-06-16 13:16
Key Takeaways Crude surged over 7% Friday after Israeli airstrikes hit key Iranian nuclear and energy infrastructure. CIVI, APA and FANG rose as oil markets priced in heightened geopolitical risk and supply concerns. Iran threats to the Strait of Hormuz and Israeli gas platform shutdowns compound global energy market fears.The Middle East is once again at the heart of global energy turbulence. In a dramatic escalation, Israel launched coordinated airstrikes on Iranian nuclear and energy infrastructure — r ...
Celsius Stock Pops After Analysts Upgrade
Schaeffers Investment Research· 2025-06-16 13:15
Celsius Holdings Inc (NASDAQ:CELH) is set for a higher open, last seen up 5.2% in premarket trading, after TD Cowen upgraded the energy drink stock to “buy” from “hold” and lifted its price target from $37 to $55. The brokerage cited confidence in Celsius’ long-term growth trajectory, fueled by integration of the Alani Nu acquisition and broader retail distribution in 2026.Today’s pop could put CELH back on track toward its June 1 nearly 52-week high of $44, following a short-lived pullback that snapped the ...
Navitas Semiconductor: Insider Sales Suggest Market Overly Enthusiastic
Seeking Alpha· 2025-06-16 13:15
Analyst’s Disclosure:I/we have a beneficial long position in the shares of NVTS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. This is not advice to buy or sell this stock. I am not an accountant or investment advisor. This article is intended to provide information to ...