Workflow
Intellicheck Mobilisa, Inc. (IDN) Just Reclaimed the 20-Day Moving Average
ZACKS· 2025-06-19 14:36
After reaching an important support level, Intellicheck Mobilisa, Inc. (IDN) could be a good stock pick from a technical perspective. IDN surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than l ...
Down 10.2% in 4 Weeks, Here's Why Paylocity (PCTY) Looks Ripe for a Turnaround
ZACKS· 2025-06-19 14:36
Paylocity (PCTY) has been on a downward spiral lately with significant selling pressure. After declining 10.2% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscill ...
Amazon to invest $233M to enhance its India infrastructure
TechCrunch· 2025-06-19 14:34
In Brief Amazon said on Thursday that it would invest about $233 million in its India business to further build out its operations infrastructure, develop new tools for its delivery network, and work on employee safety and well-being programs.The company said the investment helps it double down on its efforts to deliver to all pin-codes in the country. “This investment will enhance processing capacity, improve fulfilment speed, and increase efficiency across the company’s operations network,” Amazon said i ...
Train a virtual dragon? Film studios turn to Roblox and other games to reach young fans
TechXplore· 2025-06-19 14:30
Core Insights - Film studios are leveraging gaming platforms like Roblox to create immersive experiences that engage young audiences before movie releases [4][10][19] - The "How to Train Your Dragon" game on Roblox has achieved over 28 million visits, contributing to the film's strong box office performance of $83.7 million in the U.S. and Canada during its opening weekend [5][8] - Gen Z is becoming a critical demographic for moviegoing, with 37% having seen more than six movies in theaters over the past year, indicating a growing trend in cinema attendance among younger audiences [8][9] Industry Trends - Film studios are increasingly using social media and gaming to market films, with platforms like TikTok and Roblox serving as key channels for reaching younger audiences [7][16][17] - The integration of gaming and film marketing is seen as a way to enhance audience engagement, with developers creating ongoing challenges and content to keep users returning [13][19] - The success of family-oriented films this year, such as "A Minecraft Movie," which grossed over $951 million globally, highlights the effectiveness of combining social media buzz with traditional marketing strategies [15] Audience Engagement - The audience for "How to Train Your Dragon" included 51% family groups and 27% children under 13, showcasing the film's appeal to younger viewers and families [9] - Roblox users spend an average of 2.5 hours on the platform daily, indicating a significant opportunity for studios to engage with this demographic through interactive experiences [10] - The collaboration between film studios and gaming platforms is aimed at creating authentic community experiences that resonate with fans [11][19]
The Trade Desk Repurchases $386M Stock: A Smart Capital Move?
ZACKS· 2025-06-19 14:26
Key Takeaways TTD repurchased $386M in shares in Q1 2025, exceeding its free cash flow of $230M for the quarter. A $1B authorization backs TTD's repurchase strategy, supported by $1.7B in liquidity and no debt. TTD expects Q2 revenues of at least $682M, implying 17% growth with stable macro conditions.The Trade Desk, Inc. (TTD) announced in its first-quarter 2025 earnings release that it used $386 million in cash to buy back its common stock. Strong balance sheet and consistent cash flow aided the repurch ...
Premium Income Corporation Announces Semi-Annual Results
Globenewswire· 2025-06-19 14:25
TORONTO, June 19, 2025 (GLOBE NEWSWIRE) -- (TSX: PIC.A; PIC.PR.A) Premium Income Corporation (the “Fund”) announces results of operations for the six months ended April 30, 2025. Decrease in net assets attributable to holders of Class A shares amounted to $5.7 million or $0.38 per Class A share. Net assets attributable to holders of Class A shares as at April 30, 2025 were $81.2 million or $5.12 per Class A share. Cash distributions of $0.64 per Preferred share and $0.48 per Class A share were paid during t ...
Paramount delays $35M settlement with Trump as media giant fears bribery backlash: sources
New York Post· 2025-06-19 14:24
Core Viewpoint - The potential $35 million settlement of President Trump's lawsuit against Paramount's CBS affiliate is delayed due to management's concerns over legal repercussions, impacting broader negotiations related to a significant merger with Skydance [1][4][5]. Group 1: Settlement Negotiations - Settlement discussions are ongoing, with both parties considering a $35 million deal, which represents a 30% reduction from the initial $50 million sought by Trump's legal team [6][10]. - Paramount's management is hesitant to agree to any settlement amount that could be perceived as a bribe, especially given the implications for the $8 billion merger with Skydance [5][12]. - The Trump legal team has maintained its bargaining position, indicating that they are not close to settling for the proposed $35 million [6][7]. Group 2: Legal Context and Implications - The lawsuit alleges that CBS News' "60 Minutes" program edited an interview with Kamala Harris in a biased manner ahead of the 2024 presidential election, raising concerns about regulatory approval for the merger [8][21]. - The Federal Communications Commission's approval of the merger is seen as contingent on resolving the lawsuit, although Trump’s representatives deny any connection between the two issues [5][12]. - If a settlement is not reached by October, the case may escalate significantly, potentially voiding the merger agreement with Skydance [22]. Group 3: Financial Stakes and Management Concerns - Shari Redstone, Paramount's controlling shareholder, stands to gain up to $2 billion from the sale to Skydance, but the ongoing lawsuit complicates this potential windfall [9][11]. - Redstone has recused herself from negotiations due to personal financial interests, which has added to the management's reluctance to settle [12]. - The financial pressures on Redstone include a looming tax bill related to her late father's estate, which could amount to hundreds of millions of dollars [23].
Kaldvik AS: Extraordinary general meeting held
Globenewswire· 2025-06-19 14:24
Frøya, 19 June 2025: An extraordinary general meeting in Kaldvík AS (the "Company") was held today, 19 June 2025, at 11:00 hours (CEST) with approximately 62.39% of all shares entitled to vote present either in person or by proxy. A copy of the minutes is attached to this announcement. All matters were approved in accordance with the proposals from the board of directors. For further information, please contact:Roy-Tore Rikardsen, CEO: +354 791 0006 (mobile)Robert Robertsson, CFO: +354 843 0086 (mobile) Thi ...
Will PGIM's $3B Facility Help Affirm Scale its BNPL Offerings Fast?
ZACKS· 2025-06-19 14:21
Key Takeaways Affirm expanded its partnership with PGIM via a new $3B revolving loan sale facility. AFRM gains reliable, flexible capital to grow its BNPL offerings without tapping public debt markets. The facility reduces AFRM's funding costs and balance sheet risks, supporting scalability and stability.Affirm Holdings, Inc. (AFRM) has expanded its partnership with PGIM Fixed Income by establishing a new $3 billion revolving loan sale facility. This arrangement allows PGIM, a Prudential Financial, Inc. ( ...
CRDO vs. MRVL: Which AI Connectivity Stock Has More Upside?
ZACKS· 2025-06-19 14:21
Key Takeaways CRDO's fiscal Q4 revenues surged 179.7% YoY, with fiscal 2025 revenues rising 126% to $436.8 million. CRDO sees strength in AECs, retimers, and DSPs as AI workloads drive high-speed connectivity demand. MRVL's data center revenues rose 76% YoY, fueled by demand for custom AI silicon and electro-optics products. Credo Technology Group Holding Ltd. (CRDO) and Marvell Technology, Inc. (MRVL) are semiconductor companies that specialize in high-speed connectivity solutions essential for AI-driven ...