4 July 2025 | 3:42PM CST Greater China Technology BT substrate pricing hike in 3Q driven by raising material cost; raise TP for all substrate players Most BT substrate prices increased by 5%-20% in early 3Q, driven mainly by the tightness of the key raw material T-glass (leadtime now is 15-20 weeks+ from 3-6 weeks normally, and the price went up by 10-20% if not LTA pricing in 2Q25) and the hike in gold pricing (spot price from ~US$2,700 per ounce in early 2025 to US$3,300 per ounce now; Exhibit 2) while T- ...

Rithm Capital Corp. (NYSE:RITM) Q1 2025 Earnings Conference Call April 25, 2025 8:00 AM ET Company Participants Emma Bolla - Associate General Counsel Michael Nierenberg - Chairman, CEO & President Nick Santoro - CFO Baron Silverstein - President, Newrez Conference Call Participants Bose George - KBW Doug Harter - UBS Eric Hagen - BTIG Jason Weaver - JonesTrading Kenneth Lee - RBC Capital Markets Giuliano Bologna - Compass Point Randy Binner - B. Riley FBR Crispin Love - Piper Sandler Operator Good day and ...