Workflow
Elon Musk's companies sue Apple and OpenAI, accusing them of an 'anticompetitive scheme'
Business Insider· 2025-08-25 15:45
Elon Musk is following through on his threat to sue Apple — and he's launched yet another lawsuit against OpenAI, too. Two of Musk's companies sued Apple and OpenAI on Monday, accusing them of using their respective market position in the smartphone and generative AI markets to stifle the growth potential of his own tech companies.Musk's social media company, X, and his artificial intelligence company, xAI, which operates Grok, accused Apple and OpenAI in a lawsuit of running an "anticompetitive scheme" th ...
3 Stocks to Bet on From the Prospering Shipping Industry
ZACKS· 2025-08-25 15:45
The Zacks Transportation - Shipping industry is suffering from headwinds like inflationary pressures, resultant high interest rates, tariff woes and supply-chain disruptions. Despite the headwinds, positives like the 90-day extension to the pause in higher tariffs against China, low oil prices and improvement in the demand scenario of goods and commodities from the pandemic lows bode well for this key industry. The prevalent scenario makes stocks like Dorian LPG (LPG) , Ardmore Shipping Corporation (ASC) an ...
SPIE acquires Voets & Donkers in the Netherlands, strengthening its position in industrial refrigeration technology and air handling systems
Globenewswire· 2025-08-25 15:45
Cergy, August 25th 2025 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, has acquired Voets & Donkers Koeltechniek B.V. and VND Technical Services B.V. With this strategic acquisition, SPIE further strengthens its expertise in industrial cooling installations, air treatment systems, heat pumps, industrial automation, and the engineering of process equipment. Founded in 1963, Voets & Donkers employs 69 permanent employees across two locations in S ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Six Flags Entertainment Corporation - FUN
GlobeNewswire News Room· 2025-08-25 15:44
Core Insights - Six Flags Entertainment Corporation is under investigation for potential securities fraud and unlawful business practices [1] - The company reported disappointing Q2 2025 results, lowering its EBITDA guidance significantly [3] - Following the announcement, Six Flags' stock price experienced a substantial decline [4] Financial Performance - Six Flags reduced its EBITDA guidance for the year to between $860 million and $910 million, down from a previous expectation of $1.08 billion to $1.12 billion [3] - The downgrade was attributed to several factors, including first-half results and a smaller season-pass base [3] Management Changes - Richard Zimmerman, the president and CEO of Six Flags, plans to step down from his roles by the end of the year [3] Market Reaction - On August 6, 2025, Six Flags' stock price fell by $6.38 per share, or 20.78%, closing at $24.32 per share [4]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CPI Card Group Inc. - PMTS
GlobeNewswire News Room· 2025-08-25 15:43
NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CPI Card Group Inc. (“CPI” or the “Company”) (NASDAQ: PMTS). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether CPI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On August 8, 2025, CP ...
Intel shares extend rally despite warning of risks from US government stake
Proactiveinvestors NA· 2025-08-25 15:42
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
HBM Drives Micron's Growth: Can MU Sustain the Momentum?
ZACKS· 2025-08-25 15:41
Key Takeaways Micron's entire HBM supply for 2025 is sold out amid strong AI-driven demand.HBM revenues jumped 50% sequentially in Q3 as shipments and sampling expanded.MU plans major capacity additions, including new HBM capacity in Singapore by 2027.Micron Technology, Inc. (MU) is experiencing a surge in demand for its High Bandwidth Memory (“HBM”), driven by the rapid adoption of artificial intelligence (AI). On its third-quarter fiscal 2025 earnings call, the company confirmed that its entire HBM supply ...
HPQ Set to Report Q3 Earnings: What's in Store for the Stock?
ZACKS· 2025-08-25 15:41
Key Takeaways HPQ expects Q3 revenues of $13.96B, up 3.3% Y/Y, with EPS forecast to decline 9.6%.Personal Systems sales are rising 6.7% on AI PC launches and gaming growth.Printing revenues are projected to fall 4.6% amid weak China demand and macro pressures.HP Inc. (HPQ) is set to release its third-quarter fiscal 2025 results on Aug. 27, after market close.The Zacks Consensus Estimate for revenues is pegged at $13.96 billion, suggesting an improvement of 3.3% from the prior-year quarter.HP expects non-GAA ...
PAAS vs. HL: Which Silver Mining Stock is the Better Buy Now?
ZACKS· 2025-08-25 15:41
Core Insights - Pan American Silver (PAAS) and Hecla Mining (HL) are prominent players in the mining sector, focusing on silver and other metals like gold, lead, and zinc [1][3]. Silver and Gold Market Overview - Silver prices have increased by 35% this year, currently at $38.80 per ounce, the highest since 2011, driven by expectations of U.S. Federal Reserve policy easing [2] - Gold prices have risen by 28.5% year-to-date, supported by safe-haven demand and geopolitical tensions [2] - Strong industrial demand for silver is anticipated, particularly from the solar energy sector and electronic applications [2] - The Silver Institute forecasts a continued deficit in the silver market through 2025, which is expected to support higher prices [2] - The outlook for gold remains robust due to geopolitical tensions and central bank purchases [2] Pan American Silver (PAAS) Highlights - Pan American Silver operates 12 mines across the Americas and is a leading producer of silver and gold [4] - As of June 30, 2024, PAAS's proven and probable mineral reserves include 468 million ounces of silver and 6.9 million ounces of gold, with an expected increase of 58 million ounces from the acquisition of MAG Silver Corp. for $2.1 billion [5][6] - The company reported an 18% year-over-year revenue increase to $812 million in Q2, with adjusted earnings per share rising 291% to 43 cents [7] - Record cash flow from operations reached $293.4 million, with total liquidity of $1.859 billion and a 20% dividend increase to 12 cents per share [8] - The all-in sustaining costs (AISC) for silver were $19.69 per ounce in Q2, with expectations for 2025 AISC to improve to $16.25 - $18.25 per ounce [9] - PAAS produced 5.1 million ounces of silver and 178.7 thousand ounces of gold in Q2, on track to meet 2025 guidance of 20-21 million ounces of silver and 735,000-800,000 ounces of gold [10] Hecla Mining (HL) Highlights - Hecla Mining produces over 45% of the silver in the U.S. and operates mines in Alaska, Idaho, Quebec, and Yukon [14] - Proven and probable silver reserves were 240 million ounces as of the end of 2024, with gold reserves at 2.2 million ounces [15] - The company reported record revenues of $304 million in Q2, a 24% increase year-over-year, with earnings up 300% to eight cents per share [15] - Hecla produced 4.52 million ounces of silver and 45,895 ounces of gold in Q2, projecting silver production of 15.5-17 million ounces for 2025 [16] - AISC per ounce of silver was $5.19 in Q2, with expectations for 2025 AISC at $11.00-$13.00 [17] Comparative Analysis - In the past three months, PAAS stock gained 35.2%, while HL stock surged 54.7% [22] - PAAS trades at a forward price-to-sales (P/S) multiple of 3.38X, below the industry average of 4.28X, while HL trades at 4.48X [23] - Earnings estimates for PAAS indicate a 150.6% growth for 2025, while HL's estimates show a 145.5% improvement [19][20] Investment Outlook - Both companies are well-positioned to benefit from rising silver and gold prices, with PAAS's acquisition of MAG Silver enhancing its growth outlook despite uncertainties surrounding the Escobal mine [25] - Hecla Mining's strong fundamentals and low-cost operations make it a compelling investment choice, currently rated as a Zacks Rank 2 (Buy), while PAAS holds a Zacks Rank 3 (Hold) [26]
Omai Increases Indicated Mineral Resources to 2.1 Moz Au (2.07 g/t Au, 31.9mt) and Inferred Mineral Resources to 4.4 Moz Au (1.95 g/t Au, 69.6Mt) With Expansion of Wenot Deposit
Newsfile· 2025-08-25 15:41
Core Viewpoint - Omai Gold Mines Corp. has significantly increased its Mineral Resource Estimate (MRE) for its Omai Gold Property in Guyana, with notable expansions in both the Indicated and Inferred resources at the Wenot and Gilt Creek deposits, positioning the project as one of the largest gold projects in the region [4][33]. Summary by Category Mineral Resource Estimates - The updated MRE includes Indicated resources of 2,121,000 ounces of gold at an average grade of 2.07 g/t Au, and Inferred resources of 4,382,000 ounces at an average grade of 1.95 g/t Au [3][9]. - The Wenot Deposit's Inferred MRE increased by 130% to 3,717,000 ounces at a grade of 1.82 g/t Au, while the Indicated MRE rose by 16% to 970,000 ounces at a grade of 1.46 g/t Au [3][4]. Deposit Details - The Omai Property hosts two main deposits: the Wenot Deposit, which utilizes both open pit and underground mining methods, and the Gilt Creek Deposit, which is primarily underground [2][4]. - The Gilt Creek Deposit has an Indicated MRE of 1,151,000 ounces averaging 3.22 g/t Au, and an Inferred MRE of 665,000 ounces averaging 3.35 g/t Au [8][17]. Economic and Technical Assumptions - The updated MRE is based on a gold price assumption of $2,500 per ounce, which allowed for a lower cutoff grade of 0.30 g/t Au compared to the previous 0.35 g/t Au [12][24]. - The MRE incorporates extensive drilling data, with 639 diamond drill holes and 12,028 assay results for the Wenot Deposit, and 46 drill holes with 7,056 assay results for the Gilt Creek Deposit [11][21]. Future Plans - The company plans to continue aggressive drilling to further expand the gold zones at both deposits and aims to advance towards a Feasibility Study by late 2026 [5][34]. - An updated Preliminary Economic Assessment (PEA) is expected to be completed in late 2025, incorporating the expanded MRE for both deposits [24][34].