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T-Mobile shares drop on SoftBank sale
Proactiveinvestors NA· 2025-06-17 13:56
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
S&T BANK RAISES OVER $117,000 TO FIGHT CHILDHOOD CANCER
Prnewswire· 2025-06-17 13:56
INDIANA, Pa., June 17, 2025 /PRNewswire/ -- S&T Bank, the wholly owned subsidiary of S&T Bancorp Inc. (NASDAQ, STBA), is announcing a 2025 donation of over $117,000 to Alex's Lemonade Stand Foundation (ALSF). S&T began fundraising for ALSF in the local Southeastern Pennsylvania market in 2023 and expanded their efforts to include the Bank's entire footprint in 2024. This year, S&T hosted 72 lemonade stands at their branch locations and operations centers in Pennsylvania and Ohio from May 31 through June 7. ...
Jabil (JBL) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2025-06-17 13:55
Jabil (JBL) came out with quarterly earnings of $2.55 per share, beating the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $1.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.44%. A quarter ago, it was expected that this electronics manufacturer would post earnings of $1.81 per share when it actually produced earnings of $1.94, delivering a surprise of 7.18%.Over the last four quarters, the comp ...
Biotech Stock Surging on Billion-Dollar Buyout
Schaeffers Investment Research· 2025-06-17 13:53
Biotech stock Verve Therapeutics Inc (NASDAQ:VERV) is up 75.3% to trade at $10.99 at last check amid news that peer Eli Lilly (LLY) will buy the company for $10.50 per share, or roughly $1.3 billion. The pair have already been partnering on several drugs, with the move allowing Eli Lilly to push further into gene editing. VERV is now trading at its highest level since April 2024, and sports an 11.2% year-to-date lead. The shares have been using the $6 region and 100-day moving average as support in recent w ...
Tesla plans to shut down Model Y and Cybertuck production over the week of July 4
Business Insider· 2025-06-17 13:52
Tesla plans to pause production on Cybertruck and Model Y lines for a week at its Austin factory, Business Insider has learned. It would be at least the third such shutdown in a year. In a meeting earlier this month with workers, the company said the shutdown would begin the week of June 30, and production would resume the following week, according to a person familiar with the matter. During the pause, employees can use paid time off or come in for voluntary training and cleaning.The pause would enable th ...
Why Fast-paced Mover Upbound Group (UPBD) Is a Great Choice for Value Investors
ZACKS· 2025-06-17 13:51
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...
Despite Fast-paced Momentum, Priority Technology (PRTH) Is Still a Bargain Stock
ZACKS· 2025-06-17 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
Kaiser (KALU) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2025-06-17 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
Fast-paced Momentum Stock GoPro (GPRO) Is Still Trading at a Bargain
ZACKS· 2025-06-17 13:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...
BluSky AI Inc. OTCID Designation
Globenewswire· 2025-06-17 13:49
Core Insights - BluSky AI Inc. is transitioning from OTC Pink Sheets to OTCID effective July 1, 2025, enhancing its reporting and compliance standards [1][2] - This transition signifies a commitment to transparency and regulatory compliance, aiming for broader market visibility [2] - The CEO highlighted recent advancements in scaling operations, securing partnerships, and improving financial governance, which are crucial for market positioning [3] Company Developments - The company aims to benefit from increased credibility with investors and greater access to capital markets due to its new OTCID status [3] - Recent months have seen rapid advancements, including planned modular AI data center deployments and strategic infrastructure partnerships [7] - BluSky AI is launching GPU-as-a-Service offerings targeting enterprise and research sectors, alongside strengthening its balance sheet and financial reporting procedures [7] Industry Positioning - BluSky AI specializes in modular, rapidly deployable data center infrastructure designed for artificial intelligence applications, catering to various partners from startups to enterprises [4]