EQX's Gold Production Jumps: Will the Momentum Continue Into H2?
ZACKS· 2025-06-25 12:51
Key Takeaways EQX's Q1 gold production hit 145,290 ounces, up 30% year over year and a new quarterly record. Greenstone ramp-up fueling growth, though milling grades and throughput have been below expectations. Equinox Gold expects 2025 gold output of 785K-915K ounces, excluding Los Filos and Valentine mines.Equinox Gold Corp.’s (EQX) standout operational metric in the first quarter has been gold production volumes, which reached 145,290 ounces, a first-quarter record and robust increase from 111,725 ounc ...
Chevron's Lithium Push: How Big Oil Is Powering the EV Future
ZACKS· 2025-06-25 12:46
Core Insights - Chevron Corporation is entering the lithium business by acquiring 125,000 acres in Texas and Arkansas, marking its first step into commercial lithium production, which is essential for electric vehicle batteries [1][8] - The company plans to utilize Direct Lithium Extraction (DLE) technology, which is faster and more environmentally friendly compared to traditional mining methods [2][8] - This strategic move reflects Chevron's broader goal to diversify beyond oil and gas, leveraging its expertise in drilling and reservoir management to meet the increasing demand for domestically produced battery materials [3][4] Company Strategy - Chevron's commitment to building a scalable business in energy transition materials highlights its dedication to the electrification age and U.S. energy independence [4] - The acquisition aligns with the U.S. goal of securing critical mineral supply chains amid global uncertainties [3] Competitive Landscape - ExxonMobil has already secured 120,000 acres in the Smackover Formation and aims to produce enough lithium for over one million EVs annually by 2030, with plans for a commercial facility in Arkansas by 2027 [5] - Occidental Petroleum is also pursuing lithium extraction through its TerraLithium subsidiary, focusing on low-carbon production methods [6] Financial Performance - Chevron's shares have increased by more than 5% in the past month [7] - The company's forward 12-month P/E multiple is approximately 18.5X, which is below the S&P 500 average [9] - Chevron has beaten the Zacks Consensus Estimate for earnings in two of the last four quarters [10]
Buy 3 E-Commerce Stocks to Tap Solid Earnings Growth Potential in 2025
ZACKS· 2025-06-25 12:46
Industry Overview - The Internet-Commerce space has seen significant growth since the pandemic, particularly among Gen-Z consumers who are accustomed to online shopping and high levels of digitization [1] - The evolution of Internet-Commerce is driven by advancements in user devices and sophisticated AI-enabled software platforms that enhance transaction capabilities and user satisfaction [2] Investment Opportunities - It is advisable to invest in Internet-Commerce stocks with a favorable Zacks Rank and strong growth potential, focusing on those with aggressive earnings or revenue growth [3] - Three Internet-Commerce stocks identified for strong growth potential through 2025 are Carvana Co. (CVNA), Tripadvisor Inc. (TRIP), and Groupon Inc. (GRPN), all carrying a Zacks Rank 2 (Buy) and a Growth Score of A or B [4] Company Insights: Carvana Co. (CVNA) - Carvana's acquisition of ADESA's U.S. operations has enhanced its logistics network, auction capabilities, and reconditioning processes, allowing for improved vehicle refurbishment [7] - CVNA anticipates year-over-year growth in retail unit sales for Q2 2025, holding only a 1% share of the fragmented U.S. automotive retail market, indicating substantial expansion potential [8] - The expected revenue and earnings growth rates for CVNA are 32.1% and over 100%, respectively, with an 8% improvement in the Zacks Consensus Estimate for current-year earnings over the last 30 days [9] Company Insights: Tripadvisor Inc. (TRIP) - Tripadvisor is experiencing growth in its marketplace businesses, particularly Viator and TheFork, with a focus on app enhancements and generative AI-driven travel booking experiences contributing to top-line growth [11] - The expected revenue and earnings growth rates for TRIP are 5.7% and 11.5%, respectively, with a 5.8% improvement in the Zacks Consensus Estimate for current-year earnings over the last 60 days [12] Company Insights: Groupon Inc. (GRPN) - Groupon is benefiting from strong growth in billings, particularly in the North American local category, driven by a successful hyper-local strategy [13] - The expected revenue and earnings growth rates for GRPN are 1.6% and over 100%, respectively, with a 20% improvement in the Zacks Consensus Estimate for current-year earnings over the last seven days [14]
Itron Celebrates Shipment of 2 Millionth Cyble™ 5 Communication Module
Globenewswire· 2025-06-25 12:45
French Water Provider, Metz Eurométropole Water Utility, Receives Milestone ModuleLIBERTY LAKE, Wash., June 25, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, has shipped more than 2 million of its Cyble 5 multi-connectivity communication modules. French water utility, Metz Eurométropole, is the recipient of the two millionth module. The water provider is deploying Itron Cyble 5-equipped water meters in support of its mi ...
Data443 Risk Mitigation Acquires TacitRed™ External Attack Surface Management SaaS Platform from Cogility
Globenewswire· 2025-06-25 12:45
Core Viewpoint - Data443 Risk Mitigation, Inc. has announced its thirteenth acquisition, the TacitRed™ threat intelligence SaaS product from Cogility, enhancing its data security portfolio and accelerating market expansion [1][4]. Group 1: Acquisition Details - The acquisition of TacitRed adds advanced threat intelligence capabilities to Data443's existing data security solutions [2]. - TacitRed has surpassed one billion threat findings and continuously analyzes global attack signals, providing actionable intelligence on risks affecting over 13 million U.S. companies [3][9]. - The integration of TacitRed is expected to create powerful synergies that will benefit both Data443's current customers and TacitRed's established user community [5]. Group 2: Strategic Importance - The CEO of Data443 emphasized that TacitRed's detailed sampling approach ensures customers receive the most current threat intelligence available, positioning the company for significant growth acceleration [4]. - The acquisition is anticipated to be accretive to Data443's financial performance in 2025 [4]. - Data443's recent strategic initiatives, including partnerships with leading datacenter solutions providers, further position the company to capitalize on the growing demand for comprehensive data security solutions [5][6]. Group 3: TacitRed's Capabilities - TacitRed provides tactical attack surface intelligence through continuous cyber threat and attack analysis, enabling organizations to pinpoint active exposures and risks [8]. - The platform's core value proposition lies in delivering curated, prioritized, and actionable threat findings instantly, requiring only a company domain for comprehensive analysis [9].
Capital One Announces Full Redemption of Depositary Shares Representing Interests in Its Series P Preferred Stock
Prnewswire· 2025-06-25 12:45
Full Redemption of Depositary Shares Representing Interests in its 6.125% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series PMCLEAN, Va., June 25, 2025 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) (the "Company") today announced that it will redeem all outstanding shares of its 6.125% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series P, $0.01 par value per share ("Series P Preferred Stock"), and the corresponding depositary shares representing fractional inte ...
Strength Seen in Nu (NU): Can Its 8.8% Jump Turn into More Strength?
ZACKS· 2025-06-25 12:41
Company Overview - Nu Holdings Ltd. (NU) shares increased by 8.8% to close at $13.43, supported by high trading volume, significantly above normal levels [1] - The stock has gained 2.9% over the past four weeks, indicating a positive trend [1] Market Context - The recent rally in NU shares is attributed to a reduction in geopolitical tensions in the Middle East, following President Trump's intervention, which has boosted investor confidence in global stock markets [2] Earnings Expectations - NU is expected to report quarterly earnings of $0.12 per share, unchanged from the same quarter last year, with revenues projected at $3.57 billion, reflecting a 25.3% increase year-over-year [3] - The consensus EPS estimate for NU has remained stable over the last 30 days, suggesting that stock price movements may not sustain without changes in earnings estimate revisions [4] Industry Comparison - NU holds a Zacks Rank of 3 (Hold) and is part of the Zacks Banks - Foreign industry, where Banco De Chile (BCH) also operates, having increased by 1.4% to $29.57 in the last trading session [5] - Banco De Chile's consensus EPS estimate has risen by 3% over the past month to $0.64, although this represents a 7.3% decline compared to the previous year [6]
Beeline Title Among the First to Close Crypto Real Estate Transaction
Globenewswire· 2025-06-25 12:40
Core Viewpoint - Beeline Holdings, Inc. is pioneering a title platform for lenders that utilizes stable coins to enhance liquidity in residential real estate transactions, marking a significant advancement in blockchain-driven real estate finance [1][4]. Group 1: Company Developments - Beeline Title has successfully closed a residential real estate transaction funded through a cryptocurrency token backed by real property, indicating a major milestone in integrating decentralized finance with traditional title services [1]. - The company plans to launch a Fractional Sale of equity product leveraging the crypto ecosystem in August 2025, with Beeline Title providing title and closing services for these transactions [2]. - Beeline Title aims to open its platform to all mortgage lenders, offering a solution for cryptocurrency token transaction reconciliation, compliance, and disbursement [3]. Group 2: Leadership and Expertise - Nick Liuzza, CEO of Beeline Holdings, emphasizes the need for a title company that understands blockchain transactions and has the necessary infrastructure to comply with regulations for these models to function at scale [2]. - The team behind Beeline Title previously built Linear Title, one of the largest privately held title agencies in the U.S., closing over one million title transactions across all 50 states through 2019, showcasing their extensive experience in the field [4]. Group 3: Industry Positioning - As cryptocurrency adoption increases and becomes regulated, Beeline is positioning itself as a leader in the evolving ecosystem, providing trusted infrastructure to help lenders integrate crypto with compliance [4]. - Beeline Financial Holdings, Inc. is transforming property financing through its digital, AI-powered platform, aiming to streamline the mortgage origination process with speed and transparency [5].
Silo Pharma Enters into Letter of Intent to Form Joint Venture with Hoth Therapeutics to Develop Obesity Treatment Targeting $16 Billion Global Market
Globenewswire· 2025-06-25 12:38
Core Insights - Silo Pharma has entered into a non-binding letter of intent to form a 50:50 joint venture with Hoth Therapeutics to develop a treatment for obesity and metabolic diseases based on technology licensed from the U.S. Department of Veterans Affairs [1][3] - The joint venture aims to leverage a novel therapeutic platform centered on glial cell line-derived neurotrophic factor (GDNF), which has shown anti-obesity effects in preclinical models [2][4] - The obesity market is valued at approximately $16 billion, with the potential for significant impact on veterans and civilians suffering from metabolic disorders [3][4] Unmet Need - Over 40% of U.S. adults are affected by obesity, which is a leading risk factor for various health issues, including diabetes and cardiovascular disease [4] - Veterans face unique challenges related to obesity, including chronic inflammation and PTSD-related metabolic disruptions, highlighting the need for effective treatments [4] Strategic Alignment - The partnership will utilize the exclusive U.S. license from the Department of Veterans Affairs, ensuring comprehensive coverage for all fields of use [7] - The joint venture structure allows for equal equity and governance participation between Silo Pharma and Hoth Therapeutics [7] - The collaboration combines the clinical infrastructure of the VA, Hoth's regulatory expertise, and Silo's translational capabilities [8]
How To Earn $500 A Month From Micron Technology Stock Ahead Of Q3 Earnings
Benzinga· 2025-06-25 12:37
Micron Technology, Inc. MU will release earnings results for the third quarter, after the closing bell on Wednesday. Analysts expect the company to report quarterly earnings at $1.61 per share, up from 62 cents per share in the year-ago period. Micron Technology projects to report quarterly revenue at $8.85 billion, compared to $6.81 billion a year earlier, according to data from Benzinga Pro. On Monday, Rosenblatt analyst Kevin Cassidy maintained Micron Technology with a Buy rating and maintained a $172 pr ...