Gold Royalty Announces First Quarter 2025 Preliminary Results
Prnewswire· 2025-04-23 21:00
VANCOUVER, BC, April 23, 2025 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce first quarter 2025 preliminary results as well as details related to its first quarter results date, details of its first quarter earnings call and its upcoming capital markets day. All amounts are expressed in U.S. dollars unless otherwise noted.Preliminary First Quarter 2025 ResultsFor the first quarter of 2025, Total Revenue, Land Agreement Proceeds and Interest* ...
Tesla begins ‘FSD Supervised' ride-hail tests with employees in Austin, Bay Area
TechCrunch· 2025-04-23 20:59
Core Viewpoint - Tesla is testing its autonomous ride-hail service with employees in Austin and the Bay Area, ahead of a planned robotaxi launch this summer [1][4]. Group 1: Service Launch and Testing - The FSD (Full Self-Driving) Supervised ride-hailing service is currently operational for a select group of employees in Austin and San Francisco Bay Area, with over 1,500 trips completed and 15,000 miles driven [3]. - Tesla plans to officially launch its robotaxi service in Austin in June, with CEO Elon Musk indicating an initial rollout of 10 to 20 vehicles on the first day of service [4]. Group 2: Technology and Features - The FSD system, which is available via subscription, allows Tesla owners to perform some automated driving tasks but requires the driver to keep their hands on the wheel [2]. - The robotaxi service will utilize existing Tesla vehicles, such as the Model 3, which will be equipped with a passenger screen displaying information like estimated time of arrival and climate controls [5]. Group 3: Regulatory and Safety Considerations - Tesla's current testing phase includes a safety driver present in the vehicle, as the FSD (Supervised) system does not make the vehicle fully autonomous [6]. - It remains uncertain whether Tesla will launch a fully autonomous service in Austin from the start or maintain a safety driver for precautionary measures [7].
Analysts Remain Bullish On Intuitive Surgical Despite Macro Uncertainty
Benzinga· 2025-04-23 20:59
Core Insights - Intuitive Surgical Inc reported first-quarter 2025 revenue of $2.25 billion, exceeding analyst estimates of $2.19 billion, with a year-over-year increase of 19% [1] - The company placed 367 da Vinci surgical systems in the quarter, up from 313 in the same quarter of the previous year, leading to a total installed base of 10,189 systems, a 15% increase year-over-year [1] - Adjusted earnings for the first quarter were $1.81 per share, surpassing analyst expectations of $1.72 per share [2] Revenue and Growth - Worldwide da Vinci procedures increased by approximately 17% year-over-year, with guidance for a full-year increase of 15%-17% [1][2] - The company expects a gross profit margin of 65% to 66.5% in 2025, accounting for an estimated 1.7% impact from tariffs [3] Analyst Perspectives - Analysts believe the stock deserves a premium multiple due to elevated procedure growth and a new product cycle that could drive significant revenue and EPS growth [4] - Concerns about macro dynamics and potential Medicaid cuts may impact stock performance, but management noted that U.S. capital spending remains stable [4][5] - The company's leasing model is aiding hospitals in managing tight budgets, although potential Medicaid cuts could significantly affect hospital finances [5] Financial Position - The company has a strong cash position of $9.1 billion and zero debt, providing flexibility for share buybacks [6] - Stifel maintains a price target of $670 with a Buy rating, while Truist Securities has adjusted its price target from $605 to $590 but maintains a Buy rating [3][6] Stock Performance - ISRG stock increased by 2.47% to $490.58 [7]
Cheniere Energy's LNG Benefits From A U.S. Trade Deficit
Seeking Alpha· 2025-04-23 20:50
Company Overview - Cheniere Energy, Inc. is one of the largest pure-play LNG companies globally, with a market capitalization exceeding $50 billion [2]. Market Position - The company benefits from low U.S. natural gas prices, which enhances its competitive edge in the LNG market [2]. Investment Strategy - The Value Portfolio focuses on building retirement portfolios through a fact-based research strategy, which includes thorough analysis of 10Ks, analyst commentary, market reports, and investor presentations [2]. Analyst Position - The analyst has a beneficial long position in Cheniere Energy shares, indicating confidence in the company's future performance [3].
ConnectM Receives Nasdaq Notice on Late Filing of its Form 10-K
Prnewswire· 2025-04-23 20:49
Core Points - ConnectM Technology Solutions, Inc. has received a notice from Nasdaq indicating non-compliance with SEC periodic reporting requirements due to the failure to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 by the due date [1] - The company previously received a notice regarding non-compliance with the $50 million market value of listed securities requirement, which provided a 180-day period to regain compliance [2] - ConnectM has requested a hearing to address the potential delisting of its securities after failing to regain compliance with Nasdaq rules [3] - The company intends to file the 2024 10-K in the near term and is seeking a limited extension for this filing, although there is no guarantee of regaining compliance or receiving an extension from Nasdaq [4] Company Overview - ConnectM is a technology company focused on the energy economy, providing an advanced Energy Intelligence Network platform aimed at optimizing energy efficiency and supporting sustainable innovation [5]
Northrop Grumman's Flight Path Recalculated: Analyst Trims Forecast, Reiterates Buy
Benzinga· 2025-04-23 20:46
Core Viewpoint - Bank of America Securities analyst Ronald J. Epstein maintains a Buy rating on Northrop Grumman Corporation but lowers the price forecast from $585 to $550 due to recent earnings misses [1]. Financial Performance - Northrop Grumman reported first-quarter revenue of $9.47 billion, which fell short of analyst estimates of $9.94 billion [1]. - The company’s first-quarter adjusted earnings were $6.06 per share, missing the expected $6.26 per share [1]. Future Production and Strategic Value - Northrop Grumman is advancing with the 21-aircraft low-rate initial production phase, while managing limitations on units 22 through 40 [2]. - The market may be overlooking the long-term strategic value of Northrop Grumman's portfolio, which aligns with key defense priorities such as Sentinel, GPI, classified space programs, and electronic warfare [3]. Earnings Estimates Revision - The earnings per share (EPS) forecast for 2025 has been reduced to $25.20 from $28.20, reflecting a $477 million pre-tax charge related to the B-21 program [5]. - The 2026 EPS estimate has been revised to $28.10 from $28.80, and the 2027 projection has been lowered to $29.50 from $30.80 [5]. Market Reaction - Northrop Grumman shares are trading higher by 1.26% to $469.94 as of the latest check [5].
Why Gold Miner Stocks Plunged Today on a Great day for the Markets
The Motley Fool· 2025-04-23 20:43
Group 1: Market Performance - Shares of gold mining stocks such as Barrick Gold, Newmont Mining, Gold Fields, and AngloGold Ashanti experienced declines of 4.6%, 2.6%, 6%, and 5.1% respectively, despite broader market indexes being up [1] - The price of gold fell by 3.4% on the same day, contributing to the decline in gold mining stocks [1] Group 2: Gold Price Trends - Gold has surged 42% over the past year, often seen as a "safe haven" asset amid geopolitical uncertainties and inflation concerns [3] - The price of gold typically rises when the value of the dollar declines, as it is priced in dollars [3] Group 3: Political Influence on Gold and Markets - The Trump administration's tariff policies have created instability, leading to increased global uncertainty and a decline in the dollar's value [2][4] - Recent comments from President Trump indicating a potential easing of tariffs have led to a market rally and a corresponding drop in gold prices [5][6] Group 4: Company Strategies - Barrick Gold is actively looking to divest from certain gold mining operations, including a recent sale of its stake in an Alaska project and potential sales of its Canadian and Ivory Coast operations [8] - The actions of Barrick Gold may suggest a belief that gold prices have peaked, although future market conditions remain uncertain [9] Group 5: Investment Insights - Gold and gold-oriented stocks can serve as a hedge against economically sensitive holdings, making them valuable in a diversified portfolio [10]
Boeing Turns In Solid Q1, But Analyst Flags Ongoing Delivery Hurdles
Benzinga· 2025-04-23 20:40
BofA Securities analyst Ronald J. Epstein reiterated the Neutral rating on Boeing Company BA on Wednesday, with a price forecast of $185.The company reported stronger-than-expected first-quarter 2025 results.Revenue increased 18% year over year to $19.496 billion, beating the consensus of $19.43 billion. Adjusted loss per share improved to 49 cents from $1.13 in the same quarter of 2024. It beat the consensus of a $1.27 loss per share.Also Read: Stocks Surge On China Tariff Hopes, Tesla Jumps, Gold Loses Sh ...
Rosen Law Firm Encourages UnitedHealth Group Incorporated Investors to Inquire About Securities Class Action Investigation - UNH
Prnewswire· 2025-04-23 20:39
NEW YORK, April 23, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of UnitedHealth Group Incorporated (NYSE: UNH) resulting from allegations that UnitedHealth may have issued materially misleading business information to the investing public.So What: If you purchased UnitedHealth securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingenc ...
Southwest Airlines to reduce capacity even as earnings beat expectations
CNBC· 2025-04-23 20:38
LAS VEGAS, NEVADA - MARCH 15: A Southwest Airlines Boeing 737 airplane departs from Harry Reid International Airport as another airplane taxis on March 15, 2025 in Las Vegas, Nevada. (Photo by Kevin Carter/Getty Images)Southwest Airlines said Wednesday that it will reduce its capacity in the second half of the year, as more signs point to weaker domestic bookings this year.The airline said it expects unit revenue to be flat to down as much as 4% in the second quarter from a year earlier. Southwest said it i ...