SonicStrategy Announces Total Network Exposure of 168 Million Sonic with the Launch of Second Validator with 126.6 Million Tokens, Becoming the Largest Self-Staked Operator on the Blockchain
Newsfile· 2025-09-18 12:24
SonicStrategy Announces Total Network Exposure of 168 Million Sonic with the Launch of Second Validator with 126.6 Million Tokens, Becoming the Largest Self-Staked Operator on the BlockchainSeptember 18, 2025 8:24 AM EDT | Source: SonicStrategy Inc.Toronto, Ontario--(Newsfile Corp. - September 18, 2025) - SonicStrategy Inc., the blockchain infrastructure subsidiary of Spetz Inc. (CSE: SPTZ) (OTCQB: DBKSF) a publicly traded infrastructure company focused on the Sonic blockchain, is pleased to a ...
US Fed starts easing path, other major central banks on hold
Yahoo Finance· 2025-09-18 12:22
Central Bank Rate Changes - The U.S. Federal Reserve has implemented its first rate cut since December, diverging from other major central banks that have maintained their rates [1] - The Bank of Canada has reduced its key rate to a three-year low of 2.5%, marking its first cut in six months due to a weak jobs market [3] - The Swiss National Bank cut its key rate to 0% in June, with expectations that it will hold rates steady in the upcoming meeting [1][2] Inflation and Economic Outlook - The Swiss National Bank's inflation remains above the lower end of its target band, leading to expectations that negative rates are unlikely in the near term [2] - Sweden's Riksbank has cut rates significantly but anticipates holding rates steady, believing that current price pressures are likely temporary [4] - The Reserve Bank of New Zealand is expected to cut rates again due to domestic and global growth challenges, having already reduced its policy rate to 3% [5] Euro Zone and Future Expectations - Euro zone rate setters have kept their key rate at 2% for the second consecutive meeting, with indications that the ECB's rate cycle may be nearing its end [6] - Markets are pricing in a modest expectation of rate cuts by the ECB by next July [6] - The Federal Reserve signaled that further cuts are likely in October and December to support the job market, amidst a softening job market [7]
How Is SBA Communications' Stock Performance Compared to Other Digital Infrastructure and Real Estate Stocks?
Yahoo Finance· 2025-09-18 12:22
SBA Communications Corporation (SBAC), headquartered in Boca Raton, Florida, owns and operates wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. Valued at $21.4 billion by market cap, the company offers site leasing and development, construction, and consulting services. SBAC leases antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts. Companies worth $10 billion or ...
Even At All-Time Highs, AppLovin's Earnings Power Makes It Hard To Bet Against
Seeking Alpha· 2025-09-18 12:22
Group 1 - The stock price decreased from $290 to approximately $235, indicating a decline in value since the initial buy coverage [1] - The analyst specializes in individual stock analysis and has a strong educational background in finance and economics, focusing on market trends, particularly in the tech sector [1] - The investment philosophy emphasizes simplicity, suggesting that fundamental financial ratios and metrics provide clearer insights than complex analyses [1] Group 2 - The article is written independently, with no stock or derivative positions held by the analyst in the mentioned companies, and no plans to initiate such positions in the near future [2] - The article expresses the analyst's personal opinions and is not influenced by any business relationships with the companies discussed [2]
Progressive downgraded at Wells Fargo on slowing policies in force growth (PGR:NYSE)
Seeking Alpha· 2025-09-18 12:21
Progressive (NYSE:PGR) was trading lower as Wells Fargo Securities downgraded the property and casualty insurer over a slowing growth in its policies in force. Shares were -0.39% Thursday pre-market to $242.65. "We lower our rating on our view that PIF ...
Performance Food (PFGC) Surges 3.8%: Is This an Indication of Further Gains?
ZACKS· 2025-09-18 12:21
Company Overview - Performance Food Group (PFGC) shares increased by 3.8% to $108.72 in the last trading session, with a higher-than-average trading volume [1] - The stock has gained 5.5% over the past four weeks, indicating positive momentum [1] Strategic Developments - There is growing optimism regarding a potential strategic collaboration between Performance Food and US Foods, as both companies have begun an information-sharing process to explore regulatory considerations and synergies [2] Financial Performance Expectations - Performance Food is expected to report quarterly earnings of $1.16 per share, unchanged from the same quarter last year, with revenues projected at $16.86 billion, reflecting a 9.4% increase year-over-year [3] - The consensus EPS estimate for the quarter has been revised 1.6% higher in the last 30 days, suggesting a positive trend that may lead to price appreciation [4] Industry Context - Performance Food is part of the Zacks Food - Natural Foods Products industry, where another company, Sprouts Farmers (SFM), experienced a 1.7% decline in its last trading session and has returned -14.8% over the past month [4] - Sprouts Farmers' consensus EPS estimate has increased by 0.4% to $1.16, representing a 27.5% change compared to the previous year [5]
Purell maker GOJO Industries explores options including a sale, sources say
Yahoo Finance· 2025-09-18 12:20
Group 1 - GOJO Industries, the maker of Purell hand sanitizer, is exploring options for a full sale or minority stake, with a potential valuation close to $2 billion [1][2] - The company is in discussions with private equity firms and is working with investment bank Harris Williams, although these talks are at an early stage and no deal is guaranteed [2][3] - GOJO's spokesperson highlighted the company's strong performance and opportunities to expand the Purell brand and market solutions [2] Group 2 - The Lippman-Kanfer family, which owns GOJO, attempted to sell the company in 2023 but did not receive bids that met their price expectations, with Georgia-Pacific being the closest suitor [3] - Instead of pursuing a sale, GOJO took on $500 million in new debt from Silver Point Finance to repay existing debt and fund operations [4] - Sales of hand sanitizer surged during the COVID-19 pandemic, but the company's financials have since normalized [4] Group 3 - GOJO was founded in 1946 and is known for inventing the first one-step, rinse-off hand cleaner, as well as Purell, which was launched in the consumer market in 1997 [5] - The company sells a range of products, including soaps, wipes, and surface disinfecting sprays, primarily through business-to-business channels, serving schools, hospitals, and stadiums globally [6]
Trailblazing Taste: The PLANTERS® Brand Mixes Premium Nuts with Sweet Twists
Prnewswire· 2025-09-18 12:20
Core Insights - PLANTERS brand has launched two new trail mix blends: White Chocolate Macadamia Nut and Chocolate Caramel Pecan Crunch, aimed at enhancing the snacking experience with unique flavors and high-quality ingredients [1][3]. Product Details - The new trail mixes contain over 50% nuts, featuring premium macadamias and pecans, designed to provide bold flavors and all-day snackability [3]. - The White Chocolate Macadamia Nut Trail Mix combines salty snack nuts with sweet white chocolate and cookie squares, while the Chocolate Caramel Pecan Crunch Trail Mix blends salty nuts with chocolatey bites and caramel-flavored pieces [6]. Market Positioning - The PLANTERS brand aims to attract younger snackers and expand the trail mix category with these new flavors, which are positioned as indulgent yet nutritious options [3]. - The new products are available in 5-ounce stand-up bags, priced between $3.49 and $3.99, and are now on shelves nationwide [3]. Company Background - PLANTERS, founded in 1906, is a well-established brand under Hormel Foods Corporation, which has a diverse portfolio of snack products and is recognized for its commitment to quality and innovation [4][5].
Gold price weaker on more routine profit-taking
KITCO· 2025-09-18 12:20
Core Insights - Jim Wyckoff has over 25 years of experience in stock, financial, and commodity markets, including roles as a financial journalist and market analyst [1][2] - He has covered all futures markets traded in the U.S. and has worked with various financial news and advisory services [1][2] Company and Industry Summary - Jim Wyckoff operates the "Jim Wyckoff on the Markets" analytical, educational, and trading advisory service, providing insights into market trends [2] - He has held positions as a technical analyst for Dow Jones Newswires and as a senior market analyst with TraderPlanet.com, showcasing his expertise in market analysis [2] - Wyckoff is also a consultant for the "Pro Farmer" agricultural advisory service, indicating his involvement in agricultural market analysis [2] - He provides daily market roundups and technical specials on Kitco.com, making his insights accessible to a broader audience [3]
Coterra Energy Stock: Is CTRA Outperforming the Energy Sector?
Yahoo Finance· 2025-09-18 12:19
Houston, Texas-based Coterra Energy Inc. (CTRA) is an independent oil and gas company that develops, explores, and produces oil, natural gas, and natural gas liquids. Valued at $18.7 billion by market cap, the company develops oil and natural gas with a focus on protecting and preserving air quality, water resources, and the land on which it operates. Companies worth $10 billion or more are generally described as “large-cap stocks,” and CTRA perfectly fits that description, with its market cap exceeding t ...