Rivian's Affordable R2 May Unlock Massive Market Potential, Analyst Says
Benzinga· 2025-08-25 17:40
Rivian Automotive’s RIVN upcoming R2 SUV could drive significant growth, with Needham analyst Chris Pierce projecting strong demand and a larger market reach.Pierce said Rivian’s $50,000 R2, supported by high brand awareness and positive consumer sentiment, is well-placed to beat modest 2026 estimates. He reiterated Rivian with a Buy and a $14 price forecast.Pierce said Rivian is well-positioned to capture market share with the upcoming R2 mid-size SUV, projecting significant growth potential as the company ...
Gap Sends Mixed Signals Pre-Q2 Earnings: Time to Accumulate the Stock?
ZACKS· 2025-08-25 17:40
Key Takeaways Gap is projected to post Q2 revenues of $3.7B, up 0.5% Y/Y.GAP's Q2 earnings are estimated at 55 cents per share, up 1.9% from last year.Cost savings, digital growth and brand momentum aim to offset margin headwinds.The Gap, Inc. (GAP) is expected to register growth in its top and bottom lines when it reports second-quarter fiscal 2025 results on Aug. 28, after the closing bell. For revenues, the Zacks Consensus Estimate is pegged at $3.7 billion, indicating a 0.5% rise from the year-ago quart ...
Marvell Set To Double AI Chip Sales To $4 Billion Next Year, Analyst Projects
Benzinga· 2025-08-25 17:40
JPMorgan analyst Harlan Sur projects that Marvell Technology‘s (NASDAQ: MRVL) AI-related business will more than double year-over-year to $4 billion in 2025 and continue to accelerate in 2026. He highlighted progress on Trainium 3 (3nm) at Amazon Web Services, which is on track for a 2026 high-volume ramp, and the MAIA Gen 3 (2nm/3nm chiplet – 3DSOIC) program at Microsoft MSFT, which is slated for a 2027–2028 production ramp. Sur also noted that Marvell has secured multiple 2nm design wins for future produc ...
CORRECTION: Magna Mining Inc. Second Quarter Financial Results - Conference Call & Webcast
Newsfile· 2025-08-25 17:39
In a previously disseminated version of this news release the headline contained a misspelling of Magna Mining Inc. That has been updated to reflect the correct spelling. No other changes have been made to this release.Sudbury, Ontario--(Newsfile Corp. - August 25, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (the "Company" or "Magna") is scheduled to release its Q2 2025 financial results and MD&A after the market close on Wednesday August 27, 2025. The company will be holding a confere ...
Waymo Gets the Green Light to Test in New York City. Everything to Know About the Robotaxi
CNET· 2025-08-25 17:39
Table of Contents Waymo Gets the Green Light to Test in New York City. Everything to Know About the Robotaxi Self-driving cars are slowly becoming less sci-fi and more real-world as companies like Waymo, the autonomous arm of Google's parent Alphabet, expand into more cities. On Friday, the city of New York granted Waymo a permit to test its autonomous vehicles in parts of Manhattan and Downtown Brooklyn, with a specialist sitting behind the wheel. Waymo arrived on the streets of New York City in July to ...
Nutex Health (NUTX) Securities Suit Alleges Fraud and Financial Misstatements – Hagens Berman
GlobeNewswire News Room· 2025-08-25 17:38
SAN FRANCISCO, Aug. 25, 2025 (GLOBE NEWSWIRE) -- A new class-action lawsuit alleges that Nutex, a hospital and healthcare services company, engaged in a fraudulent scheme with a third-party billing firm to inflate its revenues, leading to millions of dollars in losses for investors. The complaint follows a scathing short-seller report that triggered a sharp decline in the company’s stock price and raised questions about its financial disclosures. Hagens Berman urges Nutex investors who suffered substantial ...
MRVL to Post Q2 Earnings: Time to Buy, Sell or Hold the Stock?
ZACKS· 2025-08-25 17:36
Key Takeaways Marvell expects Q2 revenues of $2B and EPS of $0.67, both showing strong year-over-year growth.Data center revenues are projected at $1.5B, driven by AI silicon, electro-optics, and switches.Networking and Carrier units rebound, while Automotive/Industrial faces slight sequential weakness.Marvell Technology, Inc. (MRVL) is scheduled to report second-quarter fiscal 2026 results after market close on Aug. 28, 2025.Marvell Technology anticipates revenues of $2 billion (+/- 5%) for the second quar ...
Buy, Sell or Hold Snowflake Stock? Key Tips Ahead of Q2 Earnings
ZACKS· 2025-08-25 17:36
Key Takeaways Snowflake projects Q2 product revenues of $1.03B to $1.04B, up 25% year over year.Customer base grew 19% to 11,578 in Q1, with 606 generating over $1M in annual revenue.AI-driven products like Cortex and key partnerships with Microsoft, NVIDIA, and Amazon boost growth.Snowflake (SNOW) is set to release second-quarter fiscal 2026 results on Aug. 27.The Zacks Consensus Estimate for earnings has remained steady at 26 cents per share over the past 30 days, indicating year-over-year growth of 44.4% ...
Centene Faces HBR Pressures: Will Scale Support Stability?
ZACKS· 2025-08-25 17:36
Key Takeaways Centene's HBR rose 550 basis points in Q2 2025 on higher medical costs and premium reserve impacts.Rising outpatient use, specialty drug expenses, and Medicaid redeterminations strain Centenes earnings.Centene is tightening cost controls, boosting value-based care, and divesting assets to support efficiency.Centene Corporation (CNC) relies on its Health Benefit Ratio (HBR) as a measure of profitability. Because Medicaid and ACA marketplace plans generate thinner margins than commercial insuran ...
MannKind Corporation (MNKD) Mergers and Acquisition Call Transcript
Seeking Alpha· 2025-08-25 17:36
MannKind Corporation (NASDAQ:MNKD) Mergers and Acquisition Conference Call August 25, 2025 8:30 AM ET Company Participants Christopher B. Prentiss - Chief Financial Officer Michael E. Castagna - CEO & Director Conference Call Participants Brandon Richard Folkes - H.C. Wainwright & Co, LLC, Research Division Olivia Simone Brayer - Cantor Fitzgerald & Co., Research Division Tiago Felipe Fauth - Wells Fargo Securities, LLC, Research Division Yun Zhong - Wedbush Securities Inc., Research Division Operator Good ...