Core Insights - Battery X Metals Inc. has reported a significant improvement in the effective driving range of its Class 3 electric truck, increasing from approximately 40 kilometers to over 200 kilometers after targeted cell replacement and rebalancing, sustained over four months and 2,000 kilometers of real-world operation [1][2][11] Company Update - Battery X Rebalancing Technologies Inc., a subsidiary of Battery X Metals, completed a Validation Assessment confirming stable range performance of the Electric Truck after four months and over 2,000 kilometers of operation [3][11] - The Electric Truck achieved an estimated driving range of approximately 250 kilometers during Trial 1 and approximately 220 kilometers during the Validation Assessment, demonstrating sustained performance improvements [2][3][13] - Prior to the intervention, the Electric Truck had a Pre-Rebalancing Effective Driving Range of approximately 40 kilometers per charge, indicating a more than fivefold improvement post-rebalancing [11][14] Validation Assessment Results - The Validation Assessment confirmed that the Electric Truck's rebalanced battery pack maintained a range of approximately 250 kilometers in Trial 1, closely aligning with the Initial Performance Trial Estimated Range of approximately 265 kilometers [12][13] - The results from the Battery Performance Trials indicated normal variations in range performance correlated to differences in state of charge (SOC) during the trials, with a weighted average estimated full-charge range of approximately 220 kilometers [9][10][11] Industry Context - The global electric vehicle (EV) market is experiencing rapid growth, with sales reaching approximately 17.1 million units in 2024, a 25% increase from 2023 [18] - By 2031, nearly 40 million electric, plug-in hybrid, and hybrid vehicles are expected to fall outside their original warranty coverage, highlighting the need for technologies that extend battery life and reduce ownership costs [19] - Battery X Rebalancing Technologies aims to address battery lifecycle challenges by developing proprietary technologies to enhance the sustainability of electric transportation and reduce the need for costly battery replacements [20][23]

“We have a 99% profit margin. There is no other company in the world that has that," said Paolo Ardoino, CEO of stablecoin issuing company Tether. The bold claim comes along with an even more ambitious forecast: Tether expects to generate $15 billion in profits by year-end. To put that in perspective, Tesla’s (NASDAQ: TSLA) net profit fell by 37% year-over-year in its recent quarterly reports, while Apple Inc.'s (NASDAQ: AAPL) net profit rose about 9% year-over-year in its last quarter. By comparison, Tet ...

Ripple has completed its purchase of global prime broker Hidden Road and rebranded the business as Ripple Prime, a bundled trading, financing and clearing desk for institutions, the company announced Friday. Ripple said the newly branded unit’s business has tripled since the initial announcement and that Ripple Prime now serves more than 300 institutional customers with over $3 trillion cleared across markets. The company positions Ripple Prime as an all-in-one service spanning digital assets, foreign ex ...

Core Insights - The Q1 earnings season is underway, with over 800 companies reporting results, including major players from the Magnificent 7 [1] - The Magnificent 7 stocks have performed in line with the market, with Alphabet, Meta, and Microsoft outperforming, while Amazon and Apple have underperformed [2] - The focus is on the artificial intelligence investments of the Magnificent 7, particularly in data centers and infrastructure, with Apple lagging behind [3] Company Performance - Alphabet shares have seen positive momentum due to a favorable conclusion in the DOJ case and strong quarterly reports [4] - The market is particularly interested in Alphabet's cloud business, which is expected to show improved capacity and demand [5] - Concerns remain about Alphabet's search business in the AI landscape, with recent results helping to ease some worries [6] Earnings Expectations - The Magnificent 7 is expected to see earnings growth of 11.9% in Q3 2025 compared to the previous year, with revenues increasing by 15.3% [7][9] - As of October 24, 145 S&P 500 companies have reported Q3 results, showing a 14.9% increase in earnings and a 7.8% increase in revenues [13] - The Finance sector has reported earnings growth of 22.7% with a high percentage of companies beating EPS and revenue estimates [18][19]

Core Points - Sixty North Gold Mining Ltd. has arranged debt settlements totaling $105,000 with certain officers and directors, to be settled by issuing 954,543 common shares at a deemed value of $0.11 per share [1] - The debt settlements are classified as related party transactions under Multilateral Instrument 61-101, with exemptions from formal valuation and majority approval requirements due to the fair market value being less than 25% of the company's market capitalization [2] Company Overview - Sixty North Gold is developing gold mining operations at its 100% owned Mon Gold Project, which previously extracted 15,000 tonnes of ore, recovering an estimated 15,000 ounces of gold in the 1990s [3] - The North Ramp has been reopened and extended to target portions of the vein, with plans to develop stopes in the East Limb, West Limb, and DD Zone to support a 100 tonnes per day gravity-flotation mill [3] - The Yellowknife gold camp, where the company operates, has a history of significant gold production, with two mines averaging 30 grams per tonne (gpt) gold and a total production exceeding 14 million ounces [4]

Core Viewpoint - The upcoming earnings season is crucial, with a focus on individual companies due to limited macroeconomic data from the government shutdown, and expectations of a quarter-point rate cut from the Federal Reserve as the economy shows signs of stalling [2][3][4]. Company Insights - **Newport**: Anticipated to report strong earnings, benefiting from President Trump's tariffs that protect domestic steel producers [5]. - **United Health**: Expected to address concerns regarding investigations into billing practices, with potential for stock recovery [6]. - **SoFi**: The digital bank has seen significant stock movement, raising concerns about profit-taking [7]. - **Celestica**: Noted for its strong performance in tech equipment manufacturing, considered a solid investment opportunity [7]. - **United Parcel Service (UPS)**: Stock performance is closely tied to earnings results, with potential for significant price movement based on quarterly results [8]. - **Royal Caribbean**: The cruise line has performed well post-COVID, indicating strong consumer demand [9]. - **Visa**: Consistently performs well, with expectations for another strong quarter [10]. - **Seagate**: Anticipated to report strong earnings due to supply constraints, which is favorable in the current market [11]. - **CVS**: Expected to perform well following the decline of competitors like Walgreens [12]. - **Caterpillar**: Concerns about overvaluation despite strong performance in infrastructure [12]. - **Boeing**: Expected to report positive results despite recent non-cash charges [13]. - **Alphabet**: Anticipated to report strong earnings driven by YouTube and search [15]. - **Microsoft**: Expected to repeat strong performance from the previous quarter [15]. - **Meta**: Continues to deliver strong earnings, particularly in advertising [15]. - **ServiceNow**: Expected to leverage AI capabilities for strong performance [17]. - **Mastercard**: Anticipated to report a strong quarter, seen as a reliable investment [18]. - **Apple**: Stock has seen significant movement, with high expectations for upcoming earnings [21]. - **Amazon**: Facing challenges with its web services segment, which is impacting overall stock performance [20][21]. - **Chevron and Exxon**: Both companies are struggling with crude price fluctuations, impacting their stock performance [23].

Group 1 - The internet's reliance on centralized cloud infrastructure was highlighted by the recent downtime of Amazon Web Services (AWS) [1] - Gold prices experienced a significant decline of -5.7%, marking the largest one-day drop since April 2013, which is a rare occurrence [2][4] - Institutional demand for gold remains strong, with 95% of reserve managers anticipating an increase in global central bank gold holdings over the next 12 months, a record high according to a World Gold Council survey [3][4] Group 2 - The gains of the "Mag 7" stocks have been primarily driven by earnings per share (EPS) growth, contrasting with the broader S&P 500, which has seen more reliance on multiple expansion [4] - Active fund managers are facing challenges, with only 22% of active funds outperforming the market year-to-date, marking the worst performance in at least 26 years [4]

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A significant uptick in new ETF launches has some investors on edge, with Citigroup U.S. Equity Strategist Drew Pettit telling Reuters that the launches are at an "unsustainable level" that can result in "product rationalization and closures." ETFs have become a fan favorite among many stock investors who want a simplified way to enter financial markets, but the growing ETF market can lead to trouble in th ...

Core Viewpoint - Faircourt Asset Management Inc. announced a monthly distribution for the Faircourt Gold Income Corp. fund, indicating ongoing financial activity and commitment to shareholder returns [1][2]. Distribution Details - The distribution amount is set at $0.024 per share/unit for Faircourt Gold Income Corp. [2] - The ex-dividend date is October 31, 2025, with the record date also on October 31, 2025, and the payable date scheduled for November 14, 2025 [2]. Fund Management - Faircourt Asset Management Inc. serves as the Investment Advisor for Faircourt Gold Income Corp., highlighting its role in managing the fund [2].

Group 1 - The online backlash regarding the logo change and demands for the CEO's removal were significantly amplified by bots [1] - Public frustration has also extended to other aspects, including the company's product offerings, such as green beans [1]