HIVE Digital Technologies to acquire Toronto data center
Proactiveinvestors NA· 2025-06-23 12:47
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
Evofem's PHEXXI Submitted for Marketing Approval in United Arab Emirates by Pharma 1 Drug Store
Prnewswire· 2025-06-23 12:47
Core Viewpoint - Evofem Biosciences is expanding its market presence by commercializing its hormone-free contraceptive PHEXXI in the UAE through a partnership with Pharma 1 Drug Store, targeting a launch in Q1 2026 after regulatory approval [1][2][6]. Group 1: Company Overview - Evofem Biosciences, Inc. focuses on innovative products for women's sexual and reproductive health, generating revenue from FDA-approved products including PHEXXI and SOLOSEC [5][6]. - Pharma 1 Drug Store LLC is an Emirati healthcare company with exclusive commercialization rights for PHEXXI in the Middle East, responsible for regulatory approvals and all commercial functions [2][8]. Group 2: Product Details - PHEXXI is the first FDA-approved locally-acting contraceptive gel, applied before intercourse to maintain a vaginal pH that is inhospitable to sperm and pathogens, without hormones [4]. - The product is expected to meet a growing demand for hormone-free contraception in the UAE and surrounding regions, as indicated by market research [2]. Group 3: Market Strategy - Pharma 1 is developing a commercial strategy for PHEXXI in the UAE, anticipating strong reception among OB/GYNs and women [2]. - The launch quantity order for PHEXXI is planned for July 2025, with the aim to diversify Evofem's revenue stream through sales in the UAE [1][2].
5 Mid-Cap Stocks to Buy on Solid Long-Term Earnings Growth Potential
ZACKS· 2025-06-23 12:46
Core Insights - Stocks with positive earnings estimate revisions are attractive to investors, especially when combined with a top Zacks Rank for potential strong stock price appreciation in the near future [1][4] - Companies with a strong long-term earnings growth rate (3 to 5 years) are expected to provide steady returns, suggesting systematic investment in these stocks for long-term wealth creation [2] Recommended Stocks - Five mid-cap stocks with favorable Zacks Rank are recommended: UiPath Inc. (PATH), Lyft Inc. (LYFT), Shake Shack Inc. (SHAK), Wingstop Inc. (WING), and Dycom Industries Inc. (DY) [3][8] - Each of these stocks has a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and exceeds the S&P 500's long-term EPS growth rate of 12.6% [3][8] Mid-Cap Stocks Advantages - Investment in mid-cap stocks is recognized as a good portfolio diversification strategy, combining attributes of both small and large-cap stocks [5] - Mid-cap stocks are less susceptible to losses during economic slowdowns due to lower international exposure and can outperform small caps in a thriving economy due to established management and market access [6] Company-Specific Insights UiPath Inc. (PATH) - Provides an end-to-end automation platform with a long-term EPS growth rate of 18.4%, significantly above the S&P 500's rate [10][12] - Expected revenue and earnings growth rates for the current year are 8.5% and 5.7%, respectively, with a 7.7% improvement in earnings estimates over the last 30 days [12] Lyft Inc. (LYFT) - Operates a ridesharing marketplace with expected revenue and earnings growth rates of 12.7% and 16.8%, respectively, and a long-term EPS growth rate of 20.7% [13][15] - Anticipates mid-teens year-over-year rides growth for Q2 2025, supported by improved driver supply and service levels [14] Shake Shack Inc. (SHAK) - Owns and operates restaurants with expected revenue and earnings growth rates of 15.6% and 45.7%, respectively, and a long-term EPS growth rate of 31.6% [16][19] - Plans to open 45 to 50 company-operated Shacks this year, benefiting from robust same-shack sales and digital initiatives [17][18] Wingstop Inc. (WING) - Franchises and operates restaurants with expected revenue and earnings growth rates of 16.8% and 6.6%, respectively, and a long-term EPS growth rate of 18.4% [20][21] Dycom Industries Inc. (DY) - A specialty contracting firm in the telecom industry with expected revenue and earnings growth rates of 13.7% and 12.7%, respectively, and a long-term EPS growth rate of 18.4% [22][24] - Benefits from fiber-to-the-home programs and raised revenue outlook for fiscal 2026 due to favorable demand [23]
2 Nuclear Energy Stocks in Focus Amid Multi-Decade Data Center Deal
ZACKS· 2025-06-23 12:46
Industry Overview - The artificial intelligence (AI)-powered data center industry is experiencing significant growth, leading to increased demand for nuclear energy as a power source [1] - The U.S. Department of Energy predicts that data center energy usage will "double or triple by 2028," following a doubling over the past decade [2] - Recent executive orders aim to increase U.S. nuclear energy capacity from 100 gigawatts (GW) to 400 GW by 2050, focusing on reactors near military installations and AI data centers [3] Company Insights: Constellation Energy Corp. (CEG) - Constellation Energy is a leading U.S. energy company with a strong focus on clean and nuclear energy, planning a $5.1 billion capital expenditure through 2025 to enhance nuclear fuel acquisition [6] - The company has secured a 20-year agreement with Microsoft to revive the Three Mile Island nuclear plant, involving a $1.6 billion investment to provide carbon-free electricity for data centers [8] - CEG has also signed a 20-year energy deal with Meta Platforms to supply 1.1 gigawatts of nuclear power for its AI data centers starting in 2027 [9] - Expected revenue and earnings growth rates for CEG are 0.9% and 9%, respectively, with a recent 0.7% improvement in the earnings consensus estimate [10] Company Insights: Talen Energy Corp. (TLN) - Talen Energy is an independent power producer operating various energy sources, including nuclear, and is developing battery storage projects [12] - TLN has expanded its nuclear energy partnership with Amazon, committing to supply 1,920 megawatts of carbon-free nuclear power through 2042 [13][14] - The expected revenue and earnings growth rates for TLN are 25.1% and over 100%, respectively, with a 2.9% improvement in the earnings consensus estimate for the next year [14]
Barrick Mining's Key Projects Advance: Will Execution Fuel the Future?
ZACKS· 2025-06-23 12:46
Core Insights - Barrick Mining Corporation is implementing high-return growth projects that could significantly alter its production profile over the next decade, focusing on gold and copper production [1][4] Group 1: Key Projects - The Goldrush mine is expected to reach a production target of 400,000 ounces per annum by 2028, with the adjacent Fourmile project yielding grades double those of Goldrush and progressing to a pre-feasibility study [2] - The Reko Diq copper-gold project in Pakistan aims to produce 460,000 tons of copper and 520,000 ounces of gold annually by the end of 2028, while the Lumwana Super Pit expansion in Zambia, costing $2 billion, is set to double throughput and enhance mining volumes [3] Group 2: Production Growth and Financial Impact - These projects are anticipated to deliver significant low-cost production growth, improving Barrick's diversification and free cash flow profile if executed on schedule and within budget [4] - Successful execution of these projects will lead to a more diversified production profile, with copper contributing more significantly to revenue [4] Group 3: Market Performance and Valuation - Barrick's shares have increased by 35.1% year to date, compared to a 54.4% rise in the Zacks Mining – Gold industry, driven by a rally in gold prices [7] - The stock is currently trading at a forward 12-month earnings multiple of 10.51, which is approximately 24.8% lower than the industry average of 13.97 [9] - The Zacks Consensus Estimate indicates a year-over-year earnings rise of 43.7% for 2025 and 13.7% for 2026, with EPS estimates trending higher over the past 60 days [10]
AGNC Investment Is A Dividend Compounding Monster With A Huge Double-Digit Yield
Seeking Alpha· 2025-06-23 12:45
Group 1 - The focus is on growth and dividend income as a strategy for retirement planning [1] - The portfolio is structured to generate monthly dividend income that increases through reinvestment and annual raises [1] Group 2 - The article expresses personal opinions and is not intended as investment advice [2][3] - It emphasizes the importance of conducting individual research before making investment decisions [2]
Residential Home Health and Hospice Receives 2025 Top Workplaces Honors
Prnewswire· 2025-06-23 12:40
Core Insights - Residential Home Health and Hospice has been awarded the Top Workplaces 2025 honors by the St. Louis Post-Dispatch, marking the fifth consecutive year of receiving this recognition in the St. Louis market [1][4]. Company Overview - Graham Healthcare Group (GHG) is a subsidiary of Graham Holdings Company, employing over 3,000 professionals and serving 19,000 patients daily [6]. - Residential Home Health and Hospice provides skilled home health, palliative, and hospice care across multiple states including Florida, Illinois, Kansas, Michigan, Missouri, Ohio, and Pennsylvania [7]. Award Significance - The Top Workplaces Award is based solely on employee feedback collected through a third-party survey by Energage LLC, focusing on employee satisfaction and engagement [2][3]. - The award reflects the company's commitment to creating a supportive work environment, which in turn empowers employees to deliver exceptional care to patients [4].
AMD: Push Into AI And New-Gen GPU's Gains Steam As Options Turn Bullish
Seeking Alpha· 2025-06-23 12:36
Group 1 - Advanced Micro Devices (AMD) is making strategic announcements aimed at increasing its market share in AI and high-performance computing [1] - The company has recently launched new Radeon GPUs, which are expected to enhance its competitive position in the market [1] Group 2 - The article reflects the author's independent analysis and insights into market trends, particularly focusing on options trading and macroeconomic factors [1] - The author emphasizes a data-driven approach to investment, combining analytical skills with practical market understanding [1]
Berger Montague Reminds Civitas Resources (NYSE: CIVI) Investors With Substantial Losses to Inquire About a Securities Fraud Class Action by July 1, 2025
GlobeNewswire News Room· 2025-06-23 12:36
Core Viewpoint - A securities class action lawsuit has been filed against Civitas Resources, Inc. for failing to disclose significant operational challenges during the Class Period from February 27, 2024, to February 24, 2025 [1][3]. Financial Performance - Civitas reported Q4 2024 revenue of $1.29 billion, missing consensus estimates by $3.44 million, and non-GAAP earnings per share of $1.78, which was $0.21 below expectations [4]. - The company’s net income for the quarter was $151.1 million, or $1.57 per share, a decline from $302.9 million, or $3.23 per share, in the same quarter the previous year [4]. Operational Challenges - The lawsuit claims that Civitas was likely to significantly reduce its oil production in 2025 due to declines after reaching peak production in the DJ Basin in Q4 2024 [3]. - To increase oil production, Civitas would need to acquire additional acreage and development locations, and implement disruptive cost-reduction measures [3]. Workforce and Management Changes - Civitas announced a 10% reduction in its workforce across all levels and terminated its Chief Operating Officer and Chief Transformation Officer [5]. Market Reaction - Following the announcement of its financial results and operational outlook, Civitas's stock price fell by $8.95 per share, or 18%, closing at $40.35 on February 25, 2025 [6].
Visa And Mastercard: Can They Survive The Stablecoin Revolution?
Forbes· 2025-06-23 12:35
CHONGQING, CHINA - APRIL 23: In this photo illustration, the logo of Visa Inc. is displayed on a ... More smartphone screen, with the company's iconic blue branding visible in the background, on April 23, 2025, in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)Getty ImagesVisa stock (NYSE: V) and Mastercard stock (NYSE:MA) experienced a drop of approximately 5% each on Wednesday, June 18th, as investors responded to increasing fears that stablecoins could disrupt traditional payment network ...