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MARA Reports June 2025 Bitcoin Production and Mining Operations Update, Issues Mid-Year Outlook
Globenewswire· 2025-07-01 12:05
Targeting 75 EH/s by Year-End211 Blocks Won in June, 25% Decrease M/MIncreased BTC Holdings* to 49,940 BTC Miami, FL, July 01, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a leading digital energy and infrastructure company, today published unaudited bitcoin ("bitcoin" or "BTC") production updates for June 2025 and provided its hashrate outlook for the full year. Management Commentary"With 1.7 gigawatts (“GW”) of captive capacity – including 1.1 GW currently operati ...
Nasdaq Welcomes 142 IPOs in the First Half of 2025
Globenewswire· 2025-07-01 12:05
Highest volume of listings and capital raise in the first half of the year since 2021 Maintained leadership in switches - crossed $3 trillion in market value transferred since 2005 Driving smart policy reforms to improve regulatory processes for public companies NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) announced today that in the first half of 2025, it welcomed 142 listings (IPOs), raising a total of $19.2 billion. A total of 83 operating companies and 59 SPACs listed on Nasdaq duri ...
Greif (GEF) Earnings Call Presentation
2025-07-01 12:01
Transaction Overview - Greif has signed an agreement to sell its Containerboard business for $1.8 billion in cash to Packaging Corporation of America[4] - The transaction reflects a multiple of 8.5x LTM Fiscal Q2-25 Adjusted EBITDA of $212 million[4, 30] - The company expects to achieve a pro-forma leverage ratio below 2.0x after the transaction[4] - The transaction is expected to close by the end of fiscal year 2025[4] Strategic Goals - The company reaffirms its 2027 financial targets of $1 billion Adjusted EBITDA and $500 million Adjusted Free Cash Flow[4] - The company is targeting an Adjusted EBITDA margin of 18%+[21] - The company is shifting its product mix towards higher growth and less cyclical end markets[5, 6] Capital Allocation - The company anticipates annual interest savings of $85 million and annual maintenance CAPEX savings of $25 million[10] - The company plans to allocate capital with 50% towards returning cash to shareholders, 30% towards investing for growth, and 20% towards maintaining a strong foundation[9] - The company is targeting Adjusted EBITDA of $1B+ at 2.0-2.5x leverage[15] 2025 Guidance - The company is raising the low-end of its Adjusted EBITDA guidance to $725 million and Adjusted Free Cash Flow guidance to $280 million[25]
Radius Recycling(RDUS) - 2025 Q3 - Quarterly Results
2025-07-01 12:00
Exhibit 10.1 Execution Version SIXTH AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT WHEREAS, the Loan Parties have requested that the Existing Credit Agreement be amended as set forth below, subject to the terms and conditions specified in this Amendment; and WHEREAS, the parties hereto are willing to amend the Existing Credit Agreement, subject to the terms and conditions specified in this Amendment. NOW, THEREFORE, in consideration of the premises and the mutual covenants contained herein, and f ...
SCHNITZER STEEL(SCHN) - 2025 Q3 - Quarterly Results
2025-07-01 12:00
WHEREAS, the parties hereto are willing to amend the Existing Credit Agreement, subject to the terms and conditions specified in this Amendment. NOW, THEREFORE, in consideration of the premises and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: Exhibit 10.1 Execution Version SIXTH AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT THIS SIXTH AMENDMENT TO THIRD AMEND ...
CureVac (CVAC) Earnings Call Presentation
2025-07-01 11:59
Financial Status and Strategy - CureVac has a strong financial position with €550.9 million in cash as of September 30, 2024, and an expected cash runway into 2028[82, 87] - The company streamlined costs and enhanced financial discipline, including a 30% workforce reduction expected by the end of 2024[8, 85, 88] - CureVac refocused its portfolio on innovation and R&D, concentrating on high-value programs in infectious diseases and oncology[8, 9] - A strategic transformation is on track, with OPEX expected to decrease by over 30% from 2025 onwards, including a €25 million decrease in personnel costs[85] Pipeline and Development - CureVac is advancing key pipeline milestones for novel medicines targeting unmet needs, with a focus on expanding the pipeline in oncology and infectious diseases[10, 14] - In oncology, a new shared-antigen lung cancer program is set to start clinical trials in H2 2025, and personalized cancer vaccines are progressing with the first candidate expected to enter the clinic in H2 2026[14] - For infectious diseases, a new non-respiratory program was initiated for Uropathogenic E coli (UPEC) in urinary tract infections, with promising preclinical data[14] - Respiratory infectious disease programs, including seasonal influenza, avian influenza, and COVID-19, are fully out-licensed to GSK, with Phase 3 starting for seasonal flu in 2025[13, 37, 86] Technology and Manufacturing - CureVac's mRNA platform is versatile, featuring precision mRNA backbone, improved LNP delivery systems, and a strong intellectual property portfolio[12, 13] - The company utilizes advanced delivery systems, including proprietary therapeutic area-specific next-generation lipid nanoparticles, and scalable manufacturing, including The RNA Printer®[12] - CureVac's Infectious Disease LNP offers thermostability for more than 12 months at refrigerator temperature (2-8°C)[60]
小镇做题家和孔乙己,完全不是一路人
Hu Xiu· 2025-07-01 11:57
本文来自微信公众号:躺平学原理,作者:躺即平德,题图来自:AI生成 "孔乙己的长衫"这个梗,常常用来形容做题家面临学历贬值带来的就业难,但又拉不下脸干低端工作。我自己也经常玩这个梗。此外,因为孔乙己的定型 文太过经典,定型文写多了,其中的经典桥段我都快要背下来了。 但有一说一,我自从中学之后,就没完整看过《孔乙己》的原文。孔乙己的形象以梗和定型文的形式活在我心中。前一阵子,我把孔乙己的原文又看了一 遍,发现虽然网友经常用孔乙己来代指小镇做题家,实际上孔乙己和做题家有本质区别。 首先是孔乙己对自己的研究领域多少沾点情怀,他很热爱科举的内容,也就是儒家思想四书五经之类的东西。不仅以一种教化万民的社会责任感,教小孩 茴有几种写法,甚至还冒着被吊起来打的风险去偷书,他真的,我哭死。 做题家则不同,做题纯粹是起一种功利性作用,很难谈得上热爱。所谓提升一分干掉千人,即使喜欢某个科目,喜欢的也是排位赛打赢或者爬鄙视链时俯 瞰对手的爽感,情绪价值不来源于做题本身。不知道大伙有没有看今年高考时张锡峰的新作,他指出河北人高考的目的就是离开河北。除了全国各地来考 察的校长,我猜没有人体验衡水模式是因为喜欢。 这事我只能说,抛开功利 ...
中国银行研究院:净息差下降趋势收窄 商业银行利息业务下行趋势将缓解
Zhong Guo Jin Rong Xin Xi Wang· 2025-07-01 11:56
转自:新华财经 新华财经北京7月1日电(记者余蕊)中国银行研究院1日发布《全球银行业展望报告(2025年第3季 度)》。报告指出,2025年一季度,我国商业银行净息差为1.43%,同比下降0.11个百分点,再次创下 历史新低。但较2024年同期数据,净息差下降趋势已有所收窄。预计2025年前三季度,商业银行利息业 务仍面临一定压力,但下行趋势将有所缓解。 报告预计,2025年前三季度商业银行净利润和营业收入较2024年前三季度基本持平。 编辑:幸骊莎 基于上述分析,报告预计2025年前三季度,我国商业银行利息业务下行趋势将有所缓解。 报告解构了2025年净息差的压力来源:一是LPR下调,推动个人按揭、对公贷款等存量贷款在2025年进 行重定价。二是隐性债务化解相关工作有序推进,置换高成本存量隐性债务将带动净息差下行。三是需 求端疲软加大银行资产业务价格压力。在扩表放缓的背景下,银行同业竞争压力持续增大,对信贷价格 造成一定冲击。 报告指出,与此同时,缓解净息差下行压力的积极因素也在积累,特别是主要银行再度下调存款挂牌利 率。2025年5月,主要银行陆续下调存款挂牌利息,其中工、农、中、建、交五大行活期存款利率 ...
Ginkgo Bioworks (DNA) Soars 18.9%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-01 11:56
Ginkgo Bioworks Holdings, Inc. (DNA) shares rallied 18.9% in the last trading session to close at $11.25. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 36.1% gain over the past four weeks.The sudden soaring of the stock price can be attributed to positive investor expectations regarding the potential of Ginkgo’s proprietary cell programming platforms, Foundry and Codebase. The company offers R&D services ut ...
值得买科技与南开大学商学院AI研究成果:AI提升了消费决策效率
Zhong Guo Jin Rong Xin Xi Wang· 2025-07-01 11:56
新华财经北京7月1日电(记者丁雅雯)近日,值得买科技与南开大学商学院联合研究成果《AI总结用 户评论生成摘要对用户决策行为的影响》成功入选电子商务领域顶级会议SCECR 2025。该成果研究了 AI生成摘要如何影响电商平台上消费者的决策过程,通过分析"什么值得买"平台的消费相关数据,并应 用三重差分法(DDD)来评估AI生成摘要对消费者行为的影响。研究结果表明,AI生成摘要提升了用 户决策效率,使得用户因犹豫而保存、待定的行为减少了2.8%,进一步缩短决策时间,用户购买更果 断。 作为联合研究方的值得买科技,自2023年就开始对AI进行探索,并在2024年发布全面AI战略。共建高 质量AI生态,是值得买科技全面AI战略中的重要一环。一方面,值得买科技与国内主流大模型平台和 智能终端企业进行合作,将AI能力开放给合作伙伴,当前已合作月之暗面、智谱华章、百川智能、讯 飞星火、MiniMax、面壁智能等通用大模型公司,华为小艺助手、荣耀 YOYO 助手、理想汽车、联想 如意助手等智能终端产品,元器、豆包、文小言等智能体应用平台;另一方面也和各大高校合作,将前 沿学术研究成果与AI应用相结合,当前已与中国人民大学、南 ...