Reported about 13 hours ago
Zscaler Inc. recently announced an enhanced partnership with CrowdStrike and its subsidiary Red Canary to boost AI-driven security operations. This collaboration integrates Zscaler's Zero Trust Exchange platform with CrowdStrike's Falcon and Red Canary's AI detection capabilities, providing organizations with a comprehensive and efficient cloud-native defense system. The partnership aims to improve detection accuracy and streamline workflows, further emphasizing the commitment to proactive security measures.
Source: YAHOO
Reported about 13 hours ago
Toast Inc. (NYSE: TOST), a rapidly growing technology company, has seen analysts boost their price targets following its solid operational performance and broadening market presence. JP Morgan raised its target from $42 to $52, while Goldman Sachs adjusted theirs to $51, both maintaining a Neutral rating. Canaccord Genuity provided a more optimistic outlook, increasing its target from $48 to $54 and reiterating a Buy rating, attributed to strong demand for Toast’s hardware and software solutions designed for the restaurant industry.
Source: YAHOO
Reported about 13 hours ago
Wealthy individuals master the art of saving money through various strategic methods which include prioritizing smart investments like tax-advantaged accounts, negotiating effectively to never pay full price, valuing maintenance to avoid costly replacements, and engaging in strategic tax planning. They also automate savings to make consistent saving habits easier and practice lifestyle optimization by choosing quality items and meaningful experiences over material possessions. These approaches enable them to sustain their lavish lifestyles while accumulating lasting wealth.
Source: YAHOO
Reported about 13 hours ago
Hecla Mining (NYSE:HL) has experienced a significant surge, extending its winning streak to four consecutive days, reaching an all-time high of $8.54 due to increased investor interest following higher silver and gold prices. As silver rose 1.66% to $39.70 and gold increased 0.97% to $3,450.29, the stock reflected this trend, closing up by 5.45% at $8.51 per share.
Source: YAHOO
Reported about 13 hours ago
Equinox Gold Corp. (EQX) achieved a new all-time high of $8.76 following the start of ore processing at its Valentine Gold Mine in Newfoundland and Labrador, capable of producing 2.5 million tons of gold annually. The company expects to pour its first gold batch by next month and aims for annual production of 175,000 to 200,000 ounces during the initial years. CEO Darren Hall emphasized the significant growth phase ahead for Equinox as they ramp up production.
Source: YAHOO
Reported about 13 hours ago
Rolls-Royce Holdings has denied speculation regarding an initial public offering for its small nuclear reactor unit, stating there are no current plans for an IPO. This comes after reports suggested the company was exploring various funding options and in early talks with financial institutions. The unit is focused on constructing Britain's first Small Modular Reactors, with substantial government investment supporting its development.
Source: YAHOO
Reported about 13 hours 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 about 13 hours 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 about 13 hours 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 about 13 hours 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 about 13 hours 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 about 13 hours 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 about 13 hours 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 about 13 hours 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 about 13 hours 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 about 13 hours 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 about 13 hours 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 about 13 hours 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 about 14 hours 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 about 14 hours ago
Source: YAHOO
Reported about 14 hours 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 about 14 hours ago
Source: YAHOO
Reported about 14 hours 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 about 14 hours ago
Source: BARRONS
Reported about 14 hours 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