Reported 6 days ago
Denison Mines Corp. (NYSEAmerican:DNN) saw a 5.45% increase in share prices, closing at $2.32, following news of an anticipated production cut from Kazakhstan's Kazatomprom, the world's largest uranium producer. The 10% reduction in uranium output is expected to tighten supply and raise prices, benefiting smaller companies like Denison Mines. Additionally, Denison announced it has raised $345 million through convertible senior unsecured notes to support its operations.
Source: YAHOO
Reported 6 days ago
US consumer spending rose significantly in July, driven by income growth despite rising prices and job growth concerns. Economists predict moderate economic growth for the remainder of the year, as inflation continues to challenge consumers. Meanwhile, inflation is also rising in Europe, with political instability affecting recovery prospects, particularly in France. Globally, China's consumption strategies are shifting, and various Asian nations show mixed economic indicators.
Source: YAHOO
Reported 6 days ago
SentinelOne, Inc. (NYSE:S) experienced a significant 7.10% increase in share price for the third consecutive day, closing at $18.86, following a favorable earnings report that met expectations and an optimistic revenue forecast. The company now anticipates full-year revenues between $998 million and $1.002 billion, up from previous estimates. Despite a 22% rise in second-quarter revenues and exceeding $1 billion in annual recurring revenues, SentinelOne reported a widened net loss of $72 million compared to last year. CEO Tomer Weingarten emphasized the company's leading position in AI-powered cybersecurity.
Source: YAHOO
Reported 6 days ago
Harmony Gold Mining Company Ltd. (NYSE:HMY) saw a significant increase of 5.31% to $13.28, breaking a four-day losing streak as gold prices rose by 0.97% to $3,450.29 per troy ounce, influenced by expectations of an interest rate cut. The company reported a remarkable fiscal year performance with a 75% increase in net income to $802 million, driven by higher gold prices, prompting a cash dividend of $8.88 for shareholders.
Source: YAHOO
Reported 6 days ago
NexGen Energy Ltd. (NYSE:NXE) saw a 5.91% increase in share price, closing at $7.88, following positive drilling results from its Patterson Corridor East discovery. The company reported high-grade uranium deposits at shallow depths, suggesting easier and more economical mining. As part of its extensive drilling program, 48 out of 79 drill holes have confirmed uranium findings, with CEO Leigh Curyer highlighting the site as a potential world-class uranium system.
Source: YAHOO
Reported 6 days ago
Dogecoin (DOGE) saw a 2% price increase to $0.22 following news that attorney Alex Spiro, known for representing Elon Musk, will chair a new $200 million Dogecoin treasury company. The initiative, supported by the Dogecoin Foundation, aims to attract traditional investors by investing directly in the memecoin. Spiro's involvement comes after his success in dismissing a lawsuit against Musk regarding DOGE price manipulation.
Source: YAHOO
Reported 6 days ago
A Missouri IT contractor, Ren, is worried that his recent drop in FICO score after paying off his car loan could jeopardize his job in security for banks. Despite concerns from clients in finance and government contracting about creditworthiness, financial expert Dave Ramsey suggests that Ren should explain his situation to his employer, arguing that being debt-free should not be seen as financially irresponsible. The story highlights the flaws in the FICO scoring system and its impact on employment, encouraging open communication with employers about credit changes.
Source: YAHOO
Reported 6 days ago
In Q2 2025, Web3 startups secured $9.6 billion in venture funding, marking the second-largest quarterly total despite a drop in deal count to a multi-year low of 306. According to Outlier Ventures, this shift indicates a maturity in the market, focusing on substantial investments in fewer, more targeted projects, with rising median deal sizes across all stages. Series A funding rebounded with stronger median rounds, while private token sales performed well, in contrast to the steep decline in public token sales.
Source: YAHOO
Reported 6 days ago
Affirm Holdings, Inc. (NASDAQ:AFRM) achieved a record high stock price of $100 amid strong earnings results for Q4 of fiscal 2025, reporting a net income of $69.2 million compared to a loss of $45 million from the previous year. The company's total revenues rose by 33% to $876.4 million, fueled by increases in interest income, network revenues, servicing income, and loan sales. Over the full fiscal year, Affirm reversed a significant net loss of $518 million to a profit of $52 million, with anticipated revenues for FY2026 projected at $3.864 billion.
Source: YAHOO
Reported 6 days ago
Cipher Mining Inc. (CIFR) achieved a new all-time high of $8.10 amid increasing Bitcoin enthusiasm, reflecting strong investor sentiment. The company's stock surged by 8.83% by the end of the day, despite V3 Holding Ltd., a major shareholder, selling $8.3 million in shares. Cipher also reported a tripling of net losses in Q2 to $45.78 million but saw revenue growth of 18.37%. Optimism surrounds Cipher's future with the early commencement of hashing at their Black Pearl Phase 1 site.
Source: YAHOO
Reported 6 days ago
Ukrainian President Volodymyr Zelenskiy spoke with Indian Prime Minister Narendra Modi about the escalating conflict in Ukraine, emphasizing the need for an immediate ceasefire as Modi prepares to attend the Shanghai Cooperation Organization summit in China. Zelenskiy urged that the ongoing war must end, citing relentless Russian attacks, while Modi reaffirmed India's commitment to peaceful conflict resolution. The discussions also focused on enhancing bilateral relations between Ukraine and India.
Source: YAHOO
Reported 6 days ago
Alibaba Group Holding Limited (NYSE:BABA) saw a significant surge of 12.95% to close at $135.05 on Friday, marking the end of a three-day decline. This jump came after the company reported a 67% increase in net income, reaching 40.65 billion yuan, primarily driven by gains from equity investments and the sale of its local consumer service business. Revenues for the first quarter of fiscal year 2026 rose by nearly 2%, leading to optimistic projections as CEO Eddie Wu emphasized the company's focus on consumption and AI + Cloud for sustained growth.
Source: YAHOO
Reported 6 days ago
IREN Ltd. (NASDAQ:IREN) reached a new 52-week high by soaring 28% after being named a preferred partner by Nvidia Corporation, following impressive earnings that turned a net loss of $28.9 million from the previous year into a net income of $86.9 million for fiscal 2025. The company's revenues surged 167.6% year-on-year to $501 million, driven largely by Bitcoin mining and substantial growth in AI cloud services.
Source: YAHOO
Reported 7 days ago
VanEck's Digital Asset Research Chief, Matthew Sigel, has indicated a rare divergence between Bitcoin and Ethereum, signaling a potential bearish trend for the crypto market. While Bitcoin experienced a significant drawdown, Ethereum did not mirror this movement, which historically precedes bearish outcomes. Despite recent volatility, analysts remain cautiously optimistic about long-term institutional support for Bitcoin.
Source: YAHOO
Reported 7 days ago
随着AI对白领工作的威胁增加，Z世代正在涌向技术行业，包括HVAC、焊接等职业。贸易学校的入学人数预计每年增长6.6%，而公共两年制社区学院的职业课程入学人数自2020年以来增长了近20%。许多年轻人意识到，蓝领工作不仅可以获得可观薪水，还能避免大学生贷款负担。尽管有38%的Z世代对体力劳动的要求表示犹豫，但对稳定工作的渴望和可观的收入驱动着他们选择进入技术行业。
Source: YAHOO
Reported 7 days ago
Taylor Swift's recent engagement announcement sparked a surge in jewelry stocks, most notably Signet Jewelers and Brilliant Earth Group, which saw increases of nearly 10% and 30%, respectively. Swift's immense fanbase impacts the economy, reminiscent of earlier financial boosts linked to her 'Eras' tour. However, while the immediate effects lifted stock prices, signs suggest that the initial rally may be waning, raising questions about sustainable interest in jewelry sales driven by her engagement.
Source: YAHOO
Reported 7 days ago
Source: YAHOO
Reported 7 days ago
A recent study by Bitcoin financial services firm River reports that individuals hold approximately 65.9% of circulating Bitcoin, amounting to about 13.83 million coins. Institutions, however, are gradually increasing their stake, with businesses owning about 6.2% and ETFs and funds controlling 7.8%. The research highlights the complex distribution of Bitcoin ownership, noting that lost coins account for 7.6%, while an estimated 1.09 million BTC have yet to be mined. Overall, while individuals currently dominate Bitcoin holdings, the institutional presence is on the rise.
Source: YAHOO
Reported 7 days ago
Source: BARRONS
Reported 7 days ago
Taco Bell's chief digital officer revealed the company's ongoing discussions about the appropriate use of AI at drive-throughs, following mixed experiences with the technology. Despite rolling out voice AI ordering at over 500 locations, instances of users circumventing the AI for human interaction have raised concerns. The company is considering a flexible approach, allowing franchisees to choose whether to use AI or stick with human servers, especially during busy periods.
Source: YAHOO
Reported 7 days ago
US corporations are preparing to raise their debt levels significantly to finance around $1 trillion in acquisitions after years of reducing borrowings. Companies like Keurig Dr Pepper and AT&T are making major deals supported by substantial loans, with a notable increase in their leverage ratios. As conditions improve, including potential Federal Reserve rate cuts and favorable regulatory environments, executives express renewed confidence in pursuing mergers and acquisitions, indicating a busy period ahead for corporate finance.
Source: YAHOO
Reported 7 days ago
Donald Trump is intensifying his efforts for political revenge during the summer of 2025, taking unprecedented actions against those he perceives as threats to his agenda. This includes firing officials, revoking security clearances, and launching investigations into critics like John Bolton and Democratic politicians. Trump's moves, which include ousting Federal Reserve Governor Lisa Cook and targeting various federal officials, raise concerns about the independence of federal institutions and underline his commitment to exacting retribution for perceived political slights.
Source: YAHOO
Reported 7 days ago
Investing in high-yielding dividend stocks like Energy Transfer, Brookfield Infrastructure, and W.P. Carey can provide significant passive income. A $1,000 investment in these companies could generate over $60 annually, thanks to their stable cash flows and planned dividend growth. Energy Transfer aims to increase its distribution by 3-4% each year, Brookfield Infrastructure targets 5-9% annual growth, and W.P. Carey plans to grow at a similar rate, making them attractive options for investors seeking reliable income.
Source: YAHOO
Reported 7 days ago
Fisker, an electric vehicle startup founded by Henrik Fisker, envisioned a successful future led by its Ocean SUV. However, after its 2023 launch, the company encountered numerous production and safety issues, leading to missed targets and layoffs. By June 2023, facing severe financial distress, Fisker filed for Chapter 11 bankruptcy, marking a significant downfall for the once-promising enterprise. A timeline of key events reveals Fisker's struggles with production halts, safety investigations, and financial mismanagement, reflecting the challenges faced in the competitive EV market.
Source: YAHOO
Reported 7 days ago
Source: INVESTORS