StubHub Holdings stumbles on IPO day, ending a recent hot streak for new stock listings
Fastcompany· 2025-09-18 12:51
LOGIN SUBSCRIBE | FastCo Works advertisement BYÂ Christopher Zara The ticket sales platform closed at $22.15 a share, down from its IPO price of $23.50 a share, which was announced by the company on Tuesday. That first-day stumble is in contrast to recent listings from design software firm Figma, crypto exchange Bullish, stablecoin issuer Circle Internet Group, and others that saw their shares jump by double digits when they debuted. StubHub, which was founded 25 years ago and had been planning an initial p ...
BlackRock: Put This Dividend Titan On The Watch List
Seeking Alpha· 2025-09-18 12:50
A common theme in my articles here on Seeking Alpha has been my focus on buying leaders in industries with material growth catalysts. As I have fully realized the immense advantage of my youth, this hasHi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to Sure Dividend, The Dividend Kings, and iREIT+Hoya Capital. I have been investing since September 2017 (age 20) and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividend ...
Atha Energy Closes Over-Subscribed Bought Deal - Makes Third New Discovery of 2025 Exploration Program at RIB West and Continues to Expand Mineralization at RIB East
Accessnewswire· 2025-09-18 12:50
HIGHLIGHTS ATHA closes previously announced CAD $11.5 Million Over-Subscribed Bought Deal (See detail below, "Underwritten Private Placement"); First two drill holes completed at the RIB West Discovery successfully intersected uranium mineralization, including high-grade, over a strike length of ~340 m (Figure 2); Results represent the third new discovery of uranium mineralization - beyond the Lac 50 Deposit Trend - during the 2025 Angilak Exploration Program, within the Angikuni Basin along the 31 km RIB-N ...
Is Principal Financial Stock Underperforming the S&P 500?
Yahoo Finance· 2025-09-18 12:49
Company Overview - Principal Financial Group, Inc. (PFG) is based in Des Moines, Iowa, and offers retirement, asset management, and insurance products and services, with a market cap of $18 billion [1] - The company provides a diverse portfolio including pension plans, annuities, mutual funds, asset management, life insurance, and specialty benefits, which helps clients save, invest, protect, and retire [1][2] Market Position - PFG is classified as a "large-cap stock" due to its market cap exceeding $10 billion, indicating its size and influence in the asset management industry [2] - The company's diverse offerings contribute to stable, recurring revenue and resilience across market cycles [2] Stock Performance - Currently, PFG is trading 12.1% below its 52-week high of $91.98, reached on October 17, 2024, and has gained 6.7% over the past three months, underperforming the S&P 500 Index's 10.3% return [3] - Over the past 52 weeks, PFG shares have fallen 3.5%, significantly lagging behind the S&P 500's 17.1% increase [4] - Year-to-date, PFG shares are up 4.5%, compared to the S&P 500's 12.2% surge [4] Recent Financial Performance - In Q2, PFG reported an adjusted EPS of $2.16, a 32.5% improvement from the previous year, exceeding consensus estimates of $1.98 [5] - The company's Assets Under Management (AUM) grew by 7.7% year-over-year to $752.7 billion, indicating healthy net inflows [5] - PFG's performance has been outpaced by its competitor, Corebridge Financial, Inc. (CRBG), which saw a 17.4% increase over the past 52 weeks [5] Analyst Sentiment - Analysts maintain a cautious outlook on PFG, with a consensus rating of "Hold" from 15 analysts [6] - The mean price target for PFG is $85.92, suggesting a 6.3% premium to its current price levels [6]
Lifeway Foods plunges after Danone pulls takeover offer (LWAY:NASDAQ)
Seeking Alpha· 2025-09-18 12:49
Core Viewpoint - Lifeway Foods experienced a significant decline of 25% in premarket trading following Danone SA's decision to withdraw its acquisition offer for the company [2]. Group 1 - Danone SA announced on Wednesday that it would no longer pursue the acquisition of Lifeway Foods [2].
Gold consolidates above $3,650 following 33K drop in weekly jobless claims
KITCO· 2025-09-18 12:49
Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...
Stocks Climb Following Fed's Cut, NVDA/INTC Tie-up
Youtube· 2025-09-18 12:48
Kevin Green, senior markets correspondent here on Schwab Network, joins me now to help set up the action today. All right, let's talk about the Fed decision first, right. Um, you know, it met what consensus expectations were, but I thought what was surprising to me, and I'm curious to know if this was surprising to you, uh, the fact that there was only one descent in terms of the size.Yeah, not really too surprising here. I mean, if you look at Waller and Bowman, they were really dissenting for 25 basis poi ...
What Makes Penumbra (PEN) a Good Investment?
Yahoo Finance· 2025-09-18 12:48
Group 1: Market Overview - U.S. equities experienced a strong rebound in Q2 2025, with the S&P 500 Index returning 10.9% and the Russell 3000 Index advancing 11.0% as risk-on sentiment emerged following a pause in tariff implementation [1] - ClearBridge Select Strategy outperformed its benchmark during the quarter, attributed to effective portfolio construction across various companies and sectors with distinct growth drivers [1] Group 2: Company Focus - Penumbra, Inc. - Penumbra, Inc. (NYSE:PEN) reported a one-month return of 1.96% and a 52-week gain of 27.62%, with its stock closing at $256.29 on September 17, 2025, and a market capitalization of $9.995 billion [2] - The company specializes in designing and manufacturing medical devices, particularly those that use an aspirator to remove clots from critical areas such as the brain, heart, and lungs [3] - Penumbra, Inc. achieved revenue of $339.5 million in Q2 2025, reflecting a year-over-year increase of 13.4% on a reported basis and 12.7% on a constant currency basis [4]
Lifeway Foods slides after Danone pulls takeover offer (LWAY:NASDAQ)
Seeking Alpha· 2025-09-18 12:48
Core Viewpoint - Lifeway Foods shares experienced a significant decline of 25% in premarket trading following Danone's withdrawal of its acquisition proposal for the company [2] Company Summary - Lifeway Foods specializes in supplying kefir and fermented probiotic products [2] - The acquisition proposal from Danone was made in 2024 [2] Industry Summary - The withdrawal of the acquisition proposal may indicate challenges in the market for probiotic products or potential strategic shifts within larger food companies like Danone [2]
Chip giant Nvidia to take $5bn stake in Intel and collaborate on products
The Guardian· 2025-09-18 12:48
Core Viewpoint - Nvidia plans to invest $5 billion in Intel and collaborate on products, particularly in AI infrastructure and personal computing [1][2] Group 1: Investment and Market Reaction - Intel's shares surged 29% in pre-market trading following Nvidia's announcement, while Nvidia's shares rose nearly 3% [2] - Nvidia will purchase Intel common stock at $23.28 per share, pending regulatory approvals [2] Group 2: Collaboration Details - The collaboration aims to integrate Nvidia's AI and computing technology with Intel's CPUs, creating a combined platform for future computing [3] - Intel will develop custom chips for Nvidia's AI infrastructure, and Nvidia technology will be integrated into Intel's PC products [4] Group 3: Intel's Challenges and Nvidia's Growth - Intel has faced significant challenges, losing nearly $19 billion last year and an additional $3.7 billion in the first half of this year, with plans to reduce its workforce by 25% by 2025 [5] - Nvidia has capitalized on the AI boom, becoming the world's most valuable company due to its specialized GPUs that are essential for AI development [5] Group 4: Market Outlook - The total AI infrastructure spending is projected to reach between $3 trillion to $4 trillion by the end of the decade, indicating a strong growth trajectory for the chip industry, particularly for Nvidia [6]