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Planet 13 Announces Results of Annual General Meeting
Globenewswire· 2025-06-11 23:48
LAS VEGAS, June 11, 2025 (GLOBE NEWSWIRE) -- Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) (“Planet 13” or the “Company”), a leading vertically-integrated multi-state cannabis company, today announced the following results for each item of business considered at Planet 13’s Annual General Meeting of Stockholders held on Tuesday, June 10, 2025. Election of Directors The following table sets out the percentage of shares voted in respect of the election of directors: Nominee% For% WithheldRobert Groesbeck7 ...
Altura Energy Announces Closing of Debt Settlement
Newsfile· 2025-06-11 23:45
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2025) - Altura Energy Corp. (TSXV: ALTU) (FRA: Y020) (the "Company") is pleased to announce that, further to its news releases dated April 15, 2025 and June 11, 2025, the Company has closed the previously announced settlement of outstanding indebtedness totaling C$526,683 owing to Nancy Burke (the "Debt Settlement"). Pursuant to the Debt Settlement, the Company issued 5,266,830 common shares of the Corporation (the "Common Shares") to Ms. Burke at a d ...
Markets Cool on No New Trade Deal News
ZACKS· 2025-06-11 23:41
What to Expect from the Stock Market Tomorrow With tomorrow being Thursday, as per normal, we'll see Weekly Jobless Claims once again. Last week showed something of an uptick in new claims — as well as longer-term claims remaining at fairly elevated levels — so it will be interesting to see if this narrative was temporary or ongoing. Also, the sister report to CPI, the Producer Price Index (PPI) reports on May's wholesale price levels. Expectations are for monthly PPI to swing to positive on both headline a ...
ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages PepGen Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – PEPG
GlobeNewswire News Room· 2025-06-11 23:29
NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of PepGen Inc. (NASDAQ: PEPG) between March 7, 2024 and March 3, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 8, 2025. SO WHAT: If you purchased PepGen securities during the Class Period you ...
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Bitfarms Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – BITF
GlobeNewswire News Room· 2025-06-11 23:19
NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Bitfarms Ltd. (NASDAQ: BITF) between March 21, 2023 and December 9, 2024, both dates inclusive (the “Class Period”), of the important July 8, 2025 lead plaintiff deadline. SO WHAT: If you purchased Bitfarms securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO ...
Nintendo sells 3.5M Switch 2 consoles in four days
VentureBeat· 2025-06-11 23:17
The new system went on sales on June 5 around the world, with fans lined up at midnight sales in a number of places. The Kyoto, Japan-based company said it hopes to sell 15 million Switch 2 consoles in its first year, on a pace to exceed growth of the original Switch. Nintendo of America announced that the Nintendo Switch 2 has sold over 3.5 million units worldwide in its first four days, becoming the fastest-selling Nintendo hardware ever globally. That's a pretty good sales rate, despite an uncertain econ ...
Axcelis Technologies (ACLS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2025-06-11 23:16
Axcelis Technologies (ACLS) ended the recent trading session at $67.93, demonstrating a -4% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.27%. Shares of the semiconductor services company have appreciated by 12.57% over the course of the past month, outperforming the Computer and Technology sector's gain of 11.99%, and the S&P 500's gain of 6.9%.The upcoming earnings release of Axcelis Technologies will be of great interest to investors. The company is expected ...
APA (APA) Advances While Market Declines: Some Information for Investors
ZACKS· 2025-06-11 23:16
The latest trading session saw APA (APA) ending at $19.61, denoting a +1.71% adjustment from its last day's close. The stock's change was more than the S&P 500's daily loss of 0.27%. Shares of the oil and natural gas producer have appreciated by 4.44% over the course of the past month, underperforming the Oils-Energy sector's gain of 4.61%, and the S&P 500's gain of 6.9%.Market participants will be closely following the financial results of APA in its upcoming release. The company is forecasted to report an ...
Steel Dynamics (STLD) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2025-06-11 23:16
In the latest market close, Steel Dynamics (STLD) reached $130.03, with a -2.82% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.27%. The stock of steel producer and metals recycler has fallen by 1.19% in the past month, lagging the Basic Materials sector's gain of 4.76% and the S&P 500's gain of 6.9%.Market participants will be closely following the financial results of Steel Dynamics in its upcoming release. The company is forecasted to report an EPS o ...
Oracle's Cloud Revenue Jumps 27% in Its Fiscal 2025 Q4
The Motley Fool· 2025-06-11 23:06
Financial Performance - Oracle reported fiscal 2025 fourth-quarter revenue of $15.9 billion, an 11% increase, and annual revenue of $57.4 billion, up 9%, surpassing earlier guidance [1] - The company raised its fiscal 2026 revenue target to over $67 billion, forecasting a 16% growth [1] - Cloud revenue grew by 27% to $6.7 billion in the quarter, with remaining performance obligation (RPO) rising 41% to $138 billion [1] Capital Expenditures and Supply Constraints - Oracle's cloud infrastructure services reached an annualized revenue run rate of nearly $12 billion, but supply was insufficient to meet demand [2] - The company laid out $9.1 billion in capital expenditures, resulting in negative free cash flow of $2.9 billion [2] - Projected capex for fiscal 2026 is expected to exceed $25 billion, up from $21.2 billion in fiscal 2025, primarily for revenue-generating data center equipment [2] Strategic Positioning in AI and Database - Oracle's database business is crucial for cloud migrations and AI integration, with autonomous database consumption revenue surging 47% [4] - The company positions itself as a key enabler for enterprises to utilize their data with popular AI models, enhancing its database business growth potential [5] - Oracle's ability to operationalize AI securely across multicloud environments differentiates its offerings, benefiting from global AI adoption [5] SaaS Growth and Market Strategy - Annualized revenue from strategic back-office SaaS applications rose 20% to $9.3 billion [6] - The company is gaining market share by providing end-to-end vertically integrated product suites, reducing the need for multivendor integration [6] - Oracle aims to consolidate customers transitioning from legacy systems, expanding its long-term recurring revenue base [8] Future Outlook - Management guided for fiscal 2026 revenue of at least $67 billion, with RPO projected to grow by more than 100% [9] - The company expects to exceed previously stated revenue growth targets for fiscal 2027 and fiscal 2029 [9]