Real-time pulse of financial headlines curated from 2 premium feeds.
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2026-03-02 17:46
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2026-03-02 12:12
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Bitcoin Close To $70,000 As US Airstrikes On Iran Continue: What Is Going On? | cryptonews |
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Bitcoin (CRYPTO: BTC) is approaching the $70,000 mark, even as geopolitical tensions tied to U.S. airstrikes on Iran drive the price of oil higher. Short-Term Holders Show Resilience Despite a recent dip toward the $63,000–$64,000 range, Bitcoin's short-term holders (STHs) are not displaying signs of panic selling, CryptoQuant data shows.
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2026-03-02 17:46
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2026-03-02 12:12
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Polkadot price prediction ahead of tokenomics upgrade capping DOT supply | cryptonews |
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Polkadot price prediction leans bullish as traders position ahead of a major DOT supply cap upgrade.
Summary Polkadot price is up 22% in seven days and trades near the top of its weekly range. An upcoming tokenomics upgrade plans to cap DOT supply at 2.1 billion starting March 2026. A daily close above $1.70 could open the door to a move toward $2.00. Polkadot (DOT) is trading at $1.57 at press time, up 1.6% over the past 24 hours. The token has climbed 22% in the last seven days, recovering from a sharp pullback. Even so, DOT is still down roughly 65% over the past year. Price is moving near the top of its weekly range between $1.24 and $1.74. Spot trading volume came in at $250 million in the last 24 hours, down about 15% from the previous day. In derivatives markets, activity has also cooled. CoinGlass data shows volume down 25% to $558 million, while open interest slipped 5% to $203 million. As the market awaits the next catalyst, some traders seem to be lowering their exposure. Major tokenomics changes set for March The shift in sentiment comes ahead of a key upgrade floated by Polkadot developer Parity Technologies. Starting March 12, Polkadot will introduce a new issuance framework built around a Dynamic Allocation Pool. Under the proposal, DOT’s total supply will be capped at 2.1 billion tokens. Treasury burns will end. Instead of removing excess tokens from circulation, newly minted DOT, transaction fees, and slashes will be directed into the DAP, a permanent on-chain account governed by the network. Polkadot’s economic upgrade begins rolling out in 10 days. Enhanced tokenomics increases DOT scarcity and introduces new governance and staking mechanisms. ▸ DOT supply capped at 2.1B ▸ Emissions cut 53.6% ▸ Unbonding from 28 days to 24-48 hours More details ⤵️ https://t.co/TYnSy7tioe — Polkadot (@Polkadot) March 2, 2026 Issuance will follow a stepped schedule. Emissions will be cut by 53.6% in the first phase. After that, 13.14% of the remaining supply will be issued every two years. The first reduction begins on March 14, 2026. Based on current projections, the supply cap would be reached around the year 2160. The goal is to create a predictable monetary structure while allowing governance to allocate funds across validator rewards, staking incentives, treasury spending, and a strategic reserve. Staking reforms and validator rules Staking rules will also change. Following a transition period, validators will need to hold at least 10,000 DOT as self-stake. 10% will be the minimum commission rate. The introduction of a StakingOperator Proxy will enable service providers to run validators for institutional clients in a non-custodial setup. In April, the unbonding period will be shortened from 28 days to 24 to 48 hours, and nominators will no longer be slashable. These adjustments are designed to improve capital efficiency while maintaining network security as issuance declines. Polkadot price technical outlook On the daily chart, DOT is trying to stabilize after months of lower highs and lower lows. The long-term structure is still bearish, but short-term momentum has improved. Polkadot daily chart. Credit: crypto.news After a strong recovery from the $1.30–$1.40 demand zone, the price broke through resistance around $1.50–$1.55. Before the breakout, Bollinger Bands had tightened, and as the price tests the upper band around $1.68, volatility is currently increasing. The relative strength index has recovered from near-oversold levels around 30 and is now in the mid-50s. Momentum is no longer deeply negative. A sustained move above 60 would add confidence to the recovery. If DOT closes cleanly above $1.70, the next likely target sits near $2.00. A break above $2.20 would disrupt the pattern of lower highs and could shift the medium-term structure higher, opening the door to $2.40–$2.60. If momentum fades and price drops back below $1.40, the recent breakout would weaken. A move under $1.12 would put $1.00 back in focus. With the supply cap narrative approaching and price holding above recent breakout levels, DOT is at a technical crossroads. |
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2026-03-02 17:46
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2026-03-02 12:15
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Battle for Bitcoin's soul opens as first block supporting 'clean-up' proposal is mined | cryptonews |
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Battle for Bitcoin's soul opens as first block supporting 'clean-up' proposal is minedA Bitcoin block signaling the BIP-110 proposal has appeared onchain while critics push back by inscribing a large image in protest. Mar 2, 2026, 5:15 p.m.
Bitcoin’s latest governance clash escalated this week as the first block signaling support for a temporary soft fork designed to restrict arbitrary, non-monetary data in the blockchain's transactions was produced by mining pool Ocean. The proposal, formally assigned BIP-110 after evolving from earlier drafts, aims to reinstate strict limits on transaction output sizes and arbitrary data fields for about a year. The idea is to curb what proponents see as “spam” uses of block space for non-financial data. They argue that unchecked data, including large inscriptions and so-called OP_RETURN payloads, threaten the original blockchain's role as sound monetary infrastructure and burden node operators. The community remains deeply divided. Prominent critics, including Blockstream CEO Adam Back, have warned that consensus-level intervention could harm Bitcoin’s credibility and lead to preferential treatment of some transactions in violation of the principle of neutral transaction capacity. He also questioned the level of support for the proposal, which, he said, increased the risk of the blockchain being split. Adding fuel to the debate, a developer recently inscribed a 66 KB image in a single transaction on Bitcoin, an apparent pushback against BIP-110’s core claims and a demonstration of how large amounts of data can be encoded even without relying on OP_RETURN. OP_RETURN and similar approaches are script instructions used to mark a transaction output as invalid for spending, effectively allowing users to repurpose that space to permanently embed arbitrary data — like text or images — directly into the blockchain As the controversy unfolds, it underscores enduring philosophical tensions within Bitcoin. Should network aggressively defend a narrowly defined monetary purpose or maintain maximal neutrality toward arbitrary uses of its base layer? AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. More For You Hong Kong links up with Shanghai trade authorities to put cargo data on blockchain 7 hours ago HKMA teams up with mainland regulators to develop a cross-border platform linking cargo data and electronic bills of lading, aiming to cut trade finance friction and plug Chinese supply chains into global markets What to know: Hong Kong has signed a memorandum of understanding with Shanghai authorities to build a shared blockchain-based platform for cross-border cargo trade and trade finance.The planned system will link trade data, electronic bills of lading, and financing systems under the Hong Kong Monetary Authority’s Project Ensemble framework, connecting with Hong Kong’s Commercial Data Interchange and CargoX.Officials hope the initiative will streamline trade finance, deepen Hong Kong’s integration into mainland supply chains, and strengthen its role as a compliant gateway between Chinese trade and global capital markets. |
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2026-03-02 17:46
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2026-03-02 12:16
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XRPL Targets Options Market Entry Through Fresh Sidechain Blueprint | cryptonews |
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A GitHub proposal suggests launching an options sidechain on XRPL to compete with centralized platforms like Deribit. Daily transactions on the network grew 40%, reaching nearly 2.5 million. XRPL holds 63% of the tokenized U.S. Treasury bond market, surpassing Ethereum, Solana, and Arbitrum. The XRPL could be on the verge of entering the crypto derivatives market. Software engineer Denis Angell published a proposal on GitHub that suggests building a sidechain specialized in financial options on the network, with the goal of transforming it into an ecosystem dedicated to on-chain options trading. The crypto options market remains dominated by centralized platforms. Deribit captures the largest share of volume, while decentralized infrastructure for these types of instruments remains very scarce. Angell’s proposal aims directly at filling that gap, leveraging the high performance, low transaction costs, and deep liquidity that characterize the ledger. XRPL in Search of New Markets Daily transactions on the network grew 40%, reaching nearly 2.5 million, proving that it sustains consistent activity and growing demand. If the options framework is implemented, XRPL could position itself as a serious competitor in the decentralized derivatives market, combining institutional-grade performance with intermediary-free execution. For institutional clients, the proposal would mean having a more transparent, auditable, and capital-efficient environment. The sidechain would leverage XRPL’s infrastructure, recognized for its fast finality, tokenization support, and reduced costs, to host sophisticated instruments such as hedging and speculative options. The network continues to expand and enter new ecosystems. The Government of Dubai tokenized real estate worth over $5 million on XRPL, issuing 7.8 million real estate tokens tradeable 24/7. This operation demonstrated that the network can sustain regulated, large-scale tokenization processes, connecting traditional markets with blockchain infrastructure. Payments and Decentralized Finance Historically associated with cross-border payments and liquidity solutions, XRP could significantly expand its utility if on-chain options come to fruition. Hedging tools, speculation, and advanced risk management are essential components for professional investors, and bringing them natively on-chain would strengthen liquidity and attract higher-value clients. |
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2026-03-02 17:46
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2026-03-02 12:19
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Pi Network (PI) News Today: March 2nd | cryptonews |
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PI has the second-highest bullish sentiment today (March 2nd).
Last month, Pi Network’s team celebrated a special milestone and announced several important updates aimed at improving the entire ecosystem. Despite the enhanced volatility, PI closed February in green, which could explain why it has been trending lately. The Recent Developments and What’s Next? It was on February 20, 2025, when Pi Network officially launched its Open Network, making PI publicly accessible and enabling exchanges to provide trading services with it. Last month, the team celebrated the first anniversary of that milestone and unveiled several important updates. It revealed the completion of protocol v19.6, making v19.9 the final step ahead of the much-anticipated v20. The team also reminded that nodes need to migrate promptly, as outdated versions will no longer be able to participate in the network. Shortly after, Pi Network introduced its long-awaited Ecosystem Token Design, a framework meant to ensure that new tokens on the Mainnet are tied to real utility rather than speculation. The team urged Pioneers to review the mode and provide feedback before final implementation. Besides that, Pi Network’s co-founders, Chengdiao Fan and Nicolas Kokkalis, answered some hot questions involving the controversial KYC process, the entity’s jump into the AI sector, and other intriguing topics. The community’s attention has now shifted to March 14: a date known across the community as Pi Day, due to its symbolic resemblance to the mathematical constant π (3.14). The team marked the same date last year with an ecosystem expansion, but it’s unclear whether they plan something similar in less than two weeks. X user Pi Community claimed that Pi Day has always been “a powerful moment to showcase major progress, current work, and what’s next.” You may also like: Bitcoin (BTC) Plunges Before the FOMC Meeting, Pi Network (PI) Soars by 15%: Market Watch PI in Focus PI closed in February at around $0.17, representing a 10% monthly increase. Currently, it trades just south of that mark, which could explain why the asset has been trending lately. According to CoinMarketCap, PI has the second-highest bullish sentiment today (March 2nd), trailing only Kaspa (KAS). Further down the list are well-known altcoins such as Ripple (XRP), Cardano (ADA), and Ethereum (ETH). Most Bullish Sentiment Cryptocurrencies, Source: CoinMarketCap This development has left some market observers baffled. X user Mr. Brondor, for instance, wondered how “a useless crypto” like PI could have one of the strongest bullish sentiments. Token Unlocks and More While some industry participants have been floating the unrealistic (at least as of now) idea that PI could explode to as high as $50, certain technical indicators suggest a short-term correction could also be on the way. Data shows that over the next few weeks, token unlocks will be quite aggressive with the record day being March 7 when almost 21 million coins will be released. This doesn’t guarantee a price decline, but it will allow some investors to offload holdings they have been waiting for some time. PI Token Unlocks, Source: piscan.io Meanwhile, the amount of PI stored on centralized platforms has been gradually rising lately and now sits at nearly 435 million tokens. This trend is considered bearish, as a growing exchange supply increases the likelihood of a substantial sell-off. PI Exchange Supply, Source: piscan.io Tags: |
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2026-03-02 17:46
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2026-03-02 12:34
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Tokenized Gold Jumps As Middle East Tensions Rattle BTC & ETH | cryptonews |
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As stock markets get whipped, crypto’s staying strongly resilient, but the panic mode hasn’t retreated as traders flock to gold.
Market Sentiment: Bullish Bearish Neutral Published: March 2, 2026 │ 5:25 PM GMT Created by Gabor Kovacs from DailyCoin Tokenized gold is moving again, and it isn’t subtle. Paxos Gold (PAXG) and Tether Gold (XAUT) climbed roughly 1% to 2% in the past day, trading around the $5,400 area as traders leaned into safety while broader crypto slipped. The shift came as fresh headlines out of the Middle East pushed markets into a classic risk-off posture. Bitcoin hovered near $66,100, while major alts including ether and Solana traded lower over the same 24-hour window, according to pricing cited in coverage of the move. Safe-Haven Trade Shows Up On-Chain PAXG and XAUT function as on-chain claims designed to track the price of physical bullion, and their bounce stood out precisely because it arrived alongside weakness in the high-beta part of the crypto tape. The move was modest in percentage terms, but notable for its timing: tokenized gold drew bids as traders pared exposure elsewhere. Sponsored That’s a familiar pattern in traditional markets—cash, dollars, and gold tend to benefit when geopolitical risk spikes. What’s different this cycle is how quickly that instinct is showing up in crypto-native wrappers, where rotation can happen without leaving wallets or DeFi venues. BTC Stalls While Market Waits For The Next Kicker Bitcoin’s inability to extend higher while tokenized gold ticked up underlines an uncomfortable reality for bulls: in moments of acute stress, BTC still often trades like a risk asset first and a hedge second. Even if the longer-term “digital gold” narrative remains intact, the day-to-day positioning tends to follow liquidity and leverage dynamics. Yet, the immediate question isn’t whether tokenized gold will outperform for months—it’s whether this is the start of a broader defensive rotation across crypto markets, or simply a one-day expression of fear that fades as quickly as it arrived. The practical takeaway: when geopolitical risk drives correlations toward “sell risk, buy safety,” tokenized commodities like PAXG and XAUT can attract flows fast. Naturally, that doesn’t make them a cure-all, but it does highlight a growing playbook for crypto portfolios that want optionality without fully de-risking into fiat. Check out DailyCoin’s hottest crypto scoops today: Will XRP Absorb Most Of SWIFT’s Multi-Chain Future Shares? Bitcoin Resilient as Iran War Threatens Global Markets DailyCoin's Vibe Check: Which way are you leaning towards after reading this article? Market Sentiment 100% Bearish This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss. |
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2026-03-02 17:46
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2026-03-02 12:35
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Bitmine's Reserves Climb to $9.9B Following Major Expansion in ETH Holdings | cryptonews |
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TL;DR
ETH Accumulation: Bitmine now holds 4.47 million ETH, representing 3.71% of supply and moving 74% toward its 5% target. Staking Expansion: With 3.04 million ETH staked, Bitmine expects $253 million in annual rewards once MAVAN is fully deployed. Market Position: Bitmine’s $9.9 billion reserves, strong institutional backing, and rising trading volume reinforce its status as the world’s largest ETH treasury. Bitmine Immersion Technologies has strengthened its position as a leading digital asset holder after reporting $9.9 billion in combined crypto, cash, and “moonshots” as of March 2, 2026. The company continues to lean heavily into Ethereum accumulation, framing its strategy around long-term exposure despite ongoing market volatility. With 4,473,587 ETH and 195 BTC on its balance sheet, Bitmine’s treasury approach remains one of the most aggressive in the sector, reflecting management’s conviction in Ethereum’s future role in global finance. 🧵 1/ BitMine provided its latest holdings update for March 2nd, 2026: $9.6 billion in total crypto + "moonshots": – 4,473,587 ETH at $1,976 (@coinbase) – 193 Bitcoin (BTC) – $200 million stake in Beast Industries @MrBeast – $14 million stake in Eightco… — Bitmine (NYSE-BMNR) $ETH (@BitMNR) March 2, 2026 Bitmine Accelerates Toward Its “Alchemy of 5%” Target As of March 1, Bitmine’s ETH holdings represent 3.71% of the total 120.7 million ETH supply, placing the company more than 74% of the way toward its internal 5% accumulation goal. The firm also maintains $868 million in cash, a $200 million stake in Beast Industries, and a $14 million position in Eightco Holdings. Chairman Thomas “Tom” Lee said the company continues to execute its Ethereum strategy through what he described as a “mini crypto winter,” though he warned that rising geopolitical tensions involving US operations against Iran could influence markets. Staking Operations Drive Revenue Growth The firm now has 3,040,483 staked ETH valued at $6.0 billion, making it one of the largest global staking participants. The company expects this position to generate $253 million annually once fully deployed across MAVAN and partner networks, based on a 2.86% 7‑day BMNR yield. Current annualized staking revenues stand at $172 million. Bitmine’s staked ETH represents roughly 68% of its total holdings, while the CESR benchmark sits at 2.83%. MAVAN Buildout and Institutional Backing The Made in America Validator Network remains on track for early 2026 deployment, with Bitmine already collaborating with three external providers. The company’s investor base includes ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and Tom Lee. The firm ranks as the 145th most traded US stock, averaging $0.8 billion in daily volume. Management compares today’s policy shifts, including the GENIUS Act and SEC’s Project Crypto, to the post‑1971 financial transformation. Bitmine remains the largest ETH treasury globally and the second‑largest digital asset holder behind Strategy Inc. |
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2026-03-02 17:46
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2026-03-02 12:36
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Bitcoin Price Reclaims $70,000 as Gold Hits Record Highs Amid Global Tensions | cryptonews |
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The financial landscape is witnessing a rare simultaneous rally in both digital and physical "hard money." As of March 2, 2026, Bitcoin ($BTC) has successfully reclaimed the psychological $70,000 mark, while gold has surged past $5,308 per ounce, hitting fresh record highs. This double-header rally comes on the heels of significant geopolitical escalations in the Middle East and a renewed institutional appetite for risk-hedging assets.
Did Bitcoin hit $70,000?Yes, $Bitcoin breached the $70,000 resistance level on March 2, 2026. This move follows a period of heavy consolidation and a technical "fake-out" in late February. The recovery was bolstered by significant institutional buys, including a massive 3,015 BTC acquisition by MicroStrategy, and a shift in sentiment as investors sought alternatives to traditional equities during heightened global instability. However, prices slightly dropped back below $70,000 to around $69,400. Why Gold and Bitcoin are Rallying TogetherWhile Bitcoin is often labeled "digital gold" and physical gold is the ultimate "safe-haven," they usually trade with different correlations. However, in the current 2026 macro environment, both are acting as anti-fiat hedges. Gold is reacting to the immediate threat of supply chain disruptions in the Strait of Hormuz.Bitcoin is benefiting from "flight-to-safety" capital that prefers the liquidity and borderless nature of blockchain assets.Weekly Crypto Market Performance: Winners and LosersThe past seven days have been a rollercoaster for the top 10 digital assets. While Bitcoin led the charge back towards $70k, the altcoin market has also shown positive impacts. CryptocurrencyPrice (approx.)7-Day ChangeMarket SentimentBitcoin (BTC)$69,400+7.5%Bullish ReboundEthereum (ETH)$2,055+10.6%High InflowsSolana (SOL)$87.9+12.3%Significant Price increaseLitecoin (LTC)$54.8+7.2%Similar to BTC PerformanceDogecoin (DOGE)$0.095+2.0%Weak MomentumThe divergence between BTC and meme coins like Dogecoin suggests that investors are currently prioritizing large-cap stability over speculative plays. You can compare these assets' performances further on our exchange comparison page. The "Safe-Haven" Catalyst: Why Now?The primary driver for today's market action is the escalation of conflict in the Middle East. Following joint strikes by the US and Israel, gold prices skyrocketed as the Strait of Hormuz—a chokepoint for 20% of the world's oil—faced potential closure. According to reports, this has triggered a "risk-off" sentiment in the stock market, pushing capital into bullion and decentralized assets. Historically, gold thrives during military conflict, but 2026 is proving that Bitcoin's narrative as a disaster hedge is gaining institutional legitimacy. Crypto Future: Can BTC Hold $70,000?For Bitcoin, the $70,000 level is more than just a number; it is a major pivot point. Technical analysts note that a daily close above this level could open the doors to a retest of the $74,000–$75,000 range. However, if the geopolitical situation de-escalates quickly, we might see a "sell the news" event where gold and BTC retreat to previous support levels near $65,000. |
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2026-03-02 17:46
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2026-03-02 12:44
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Deutsche Bank Moves Toward Faster Global Settlements With XRP Ledger Integration | cryptonews |
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Deutsche Bank is preparing to integrate Ripple’s XRP Ledger for global payments, FX settlement, and asset custody, aiming to cut clearing from days to seconds. On-chain processing could improve traceability, reduce reconciliation workload, lower settlement-error risk, and keep liquidity from being locked in slow cycles. XRP is down 30% year-to-date, but Ripple’s Monica Long expects broader institutional XRPL use in 2026, freeing capital tied up in nostro and vostro pipelines. Deutsche Bank is preparing to integrate Ripple’s XRP Ledger into core workflows for global payments, foreign-exchange settlement, and asset custody. The aim is to compress settlement cycles that can take days, especially when multiple intermediaries sit in the chain, into transactions that finalize in seconds. In the bank’s framing, this is not a marketing experiment but an infrastructure upgrade focused on throughput, transparency, and operational efficiency. Deutsche Bank targets seconds-level settlement across key rails as it evaluates how blockchain can modernize legacy clearing. Execution timelines remain under wraps. LATEST: 🇩🇪Deutsche Bank is rolling out Ripple’s blockchain tech to speed up global payments, FX flows, and custody, cutting days-long settlement to seconds. pic.twitter.com/xn0SveIqEK — STEPH IS CRYPTO (@Steph_iscrypto) March 2, 2026 Payments, FX settlement, and custody on one ledger Cross-border payments and FX settlement are the first pressure points. Traditional flows can stretch over several days because correspondent banks, manual checks, and layered compliance steps create queues that are hard to see in real time. With the XRP Ledger, those steps can complete in seconds while maintaining traceability, which reduces operational cost and shrinks reconciliation workloads. Faster processing also limits settlement errors and keeps liquidity from being trapped in slow cycles. Real-time FX rails reduce friction, cost, and idle liquidity for institutions managing global cash. That efficiency reshapes intraday funding, liquidity buffers, and risk. The integration is also positioned as a custody upgrade. The XRP Ledger can support the issuance, transfer, and storage of digital assets and tokenized instruments with more transparent recordkeeping, giving clients clearer control over holdings. In custody workflows, on-chain rails can provide real-time visibility into positions, corporate actions, and settlement status, reducing the blind spots that appear when ledgers reconcile overnight. At the same time, the bank still must align innovation with regulatory frameworks and risk controls across jurisdictions. Tokenized custody turns blockchain into operational infrastructure, not speculation. That governance layer will define rollout pace. Market pricing has not celebrated the institutional narrative. XRP is down 30% year-to-date in 2026, highlighting a gap between integration headlines and near-term trading behavior. The report argues that large rollouts often deliver value gradually, even as utility expands. Ripple President Monica Long has predicted that full-scale institutional use of the XRP Ledger could arrive in 2026, freeing capital now immobilized in slow settlement pipelines and in nostro and vostro accounts. Adoption can improve financial plumbing before price reflects it. For Deutsche Bank, the bet is modernization. If peers follow, competition could accelerate rail innovation. |
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2026-03-02 17:46
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2026-03-02 12:44
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Chainlink brings Coinbase's cbBTC to Monad DeFi through CCIP integration | cryptonews |
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Chainlink has enabled Coinbase cbBTC bridging to Monad, unlocking over $5B in Bitcoin-backed liquidity for decentralized finance applications.
Summary Chainlink CCIP will support bridging cbBTC from Base to Monad. More than $5B in Bitcoin-backed liquidity can enter Monad DeFi. Developers gain access to BTC-based lending and trading tools. Chainlink (LINK) is now supporting the bridging of Coinbase Wrapped BTC from Base to Monad using its Cross-Chain Interoperability Protocol. According to Chainlink’s March 2 announcement, the rollout will open up new pathways for Bitcoin-backed liquidity across decentralized finance applications. cbBTC enters the Monad ecosystem The new bridge makes it possible for users to deploy cbBTC in lending, trading, and structured finance products on Monad. Early adopters include Curvance and Neverland, which are launching markets built around the token. Coinbase issues cbBTC, which is backed 1:1 by Bitcoin that is kept in custody. More than $5 billion in cbBTC is currently in circulation across networks such as Ethereum, Base, Solana, and Arbitrum. JUST IN: Chainlink connects cbBTC to Monad DeFi. With Chainlink CCIP as the exclusive bridging infrastructure for @Coinbase Wrapped Assets, @Monad users can now bridge cbBTC ($5B+ in circulation) through cross-chain transfers directly from @base. pic.twitter.com/JZDlv8NlQ7 — Chainlink (@chainlink) March 2, 2026 Thanks to the integration, developers can build products that use Bitcoin as a base asset and benefit from Monad’s fast settlement and cheap fees. These products include derivatives connected to Bitcoin prices, deeper spot markets, automated trading routes, and lending pools based on Bitcoin. Chainlink says its CCIP system has already supported over $28 trillion in on-chain transaction value, offering a standardized security framework for cross-chain transfers. Keone Hon of the Monad Foundation said the move gives builders a strong asset to design around. Johann Eid of Chainlink Labs added that the system allows billions of dollars in cbBTC to move across networks with institutional-grade protection. What this means for Chainlink, Coinbase, and DeFi The partnership strengthens Chainlink’s position as a leading provider of cross-chain infrastructure. The network controls a sizable portion of the oracle market, with over $100 billion in total value secured. Its reach has also been extended beyond retail DeFi through recent partnerships with institutional networks. Coinbase continues to use cbBTC to connect traditional custody with on-chain activity. The expansion to Monad supports its goal of giving users more ways to earn yield, borrow, and trade without selling their Bitcoin. cbBTC is already used in several lending and yield platforms, with some offering returns of up to 3%. Monad will benefit from direct access to large Bitcoin-backed liquidity pools. The network, which targets up to 10,000 transactions per second and sub-second finality, is designed for high-frequency finance and capital-intensive applications. With more than $5 billion in cbBTC now able to reach Monad, industry watchers expect higher activity in Bitcoin-based DeFi products, especially in lending, trading, and structured finance markets. |
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2026-03-02 16:45
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2026-03-02 11:24
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Put Traders Move in on Airline Stock Amid Geopolitical Strife | stocknewsapi |
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2026-03-02 16:45
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2026-03-02 11:26
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BRBR INVESTOR NOTICE: Faruqi & Faruqi, LLP Reminds BellRing Brands (BRBR) Investors of Securities Class Action Deadline on March 23, 2026 | stocknewsapi |
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In BellRing To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in BellRing between November 19, 2024 and August 4, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - March 2, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against BellRing Brands, Inc. ("BellRing" or the "Company") (NYSE: BRBR) and reminds investors of the March 23, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose the strength, sustainability, and drivers of BellRing's sales growth, as well as the impact of competition on the demand for the Company's products. On May 5, 2025, after market hours, BellRing revealed that starting in Q2 2025, "several key retailers lowered their weeks of supply on hand," which would create a headwind to Q3 2025 growth. The Company also announced it was expanding promotions to boost sales and "offset [] third quarter reductions in retailer trade inventory levels." On this news, the price of BellRing stock declined $14.88 per share, or 19%, from $78.43 per share on May 5, 2025, to close at $63.55 per share on May 6, 2025, on unusually heavy trading volume. Then, on August 4, 2025, after market hours, BellRing announced disappointing quarterly consumption of Premier Protein RTD Shakes, which had been expected to outpace shipments by a wider margin given previously announced retailer destocking, but instead came "more in line" with shipments. On this news, the price of BellRing Brands stock fell $17.46 per share, or nearly 33%, from $53.64 per share on August 4, 2025, to $36.18 per share on August 5, 2025. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding BellRing's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the BellRing Brands class action, go to www.faruqilaw.com/BRBR or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285951 Source: Faruqi & Faruqi LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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Stanley Black & Decker to slash 300 jobs, close factory in its Connecticut hometown | stocknewsapi |
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Stanley Black & Decker is slashing around 300 jobs and shuttering a Connecticut factory — wiping out roughly half of its workforce in its longtime hometown.
State Rep. Dave DeFronzo said the toolmaker is cutting about half of its 600-person workforce in New Britain and closing a tape-measure manufacturing facility which produces single-sided tape measures. The company confirmed the move. Stanley Black & Decker’s world headquarters in New Britain, Conn., where the company has been based since 1843. Courtesy Stanley Black and Decker “As a result of a structural decline in demand for single-sided tape measures, we have decided to close our facility in New Britain that predominantly makes these products,” Debora Raymond, vice president of external communications for Stanley Black & Decker, told The Post on Monday. “These products are quickly becoming obsolete in the markets we serve.” Raymond added that the company was now “focused on supporting impacted employees through this transition, including providing options for employment at other facilities, severance, and job placement support services for both salaried and hourly employees.” Stanley Black & Decker reported 600 employees in New Britain in 2024. The closure would eliminate about half of those jobs. The company will keep its headquarters in the city open. It is unclear when the company plans to shutter the facility. Stanley Black & Decker reported 600 employees in New Britain in 2024. The closure would eliminate approximately half of those jobs. Getty Images “It’s a sad day for New Britain,” DeFronzo told WFSB-TV. “Stanley has a long history here, and slowly but surely its presence has been eroded. I think if you talk to most people in the city, they have family or a grandparent that worked at Stanley. They provided good jobs for a lot of people at quality wages.” Stanley Black & Decker has been based in New Britain since 1843, when Frederick T. Stanley opened a small bolt and door hardware shop that would grow into one of America’s best-known toolmakers. Over more than 180 years, the company helped earn New Britain the nickname “Hardware City,” expanding from traditional hand tools into a global manufacturing powerhouse while keeping its world headquarters rooted in the city. Over more than 180 years, the company helped earn New Britain the nickname “Hardware City.” JHVEPhoto – stock.adobe.com Connecticut Gov. Ned Lamont said the company’s decision to halt production of what he described as outdated products would be painful for workers and their families, but expressed hope that those affected could find new opportunities. “Although Stanley has made the decision to discontinue operations for manufacturing outdated products, a change in workforce opportunities is difficult for employees, their families, and any community,” the Dem said in a statement. “However, I am hopeful that these skilled workers will be repurposed with the help of Stanley Black & Decker, a company that will still proudly be headquartered here in Connecticut.” Stanley Black & Decker has been in the midst of a multiyear restructuring aimed at slashing costs and streamlining its global supply chain. The company has cut roughly 7,000 jobs since late 2023 and completed a $2 billion cost-reduction program that included facility consolidations and workforce reductions. |
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Biogen Inc. (BIIB) Presents at TD Cowen 46th Annual Health Care Conference Transcript | stocknewsapi |
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Biogen Inc. (BIIB) Presents at TD Cowen 46th Annual Health Care Conference Transcript
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Kimco Realty Corporation (KIM) Presents at 47th Annual Raymond James Institutional Investor Conference Transcript | stocknewsapi |
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Kimco Realty Corporation (KIM) Presents at 47th Annual Raymond James Institutional Investor Conference Transcript
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Turning Point Brands, Inc. (TPB) Q4 2025 Earnings Call Transcript | stocknewsapi |
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Turning Point Brands, Inc. (TPB) Q4 2025 Earnings Call March 2, 2026 9:00 AM EST
Company Participants Andrew Flynn - Senior VP & CFO Graham Purdy - CEO, President & Director Summer Frein - Senior VP & Chief Revenue Officer Conference Call Participants Eric Des Lauriers - Craig-Hallum Capital Group LLC, Research Division Ian Zaffino - Oppenheimer & Co. Inc., Research Division Aaron Grey - Alliance Global Partners, Research Division Nicholas Anderson - ROTH Capital Partners, LLC, Research Division Gerald Pascarelli - Needham & Company, LLC, Research Division Presentation Operator Good morning, and welcome to the Turning Point Brands Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Andrew Flynn, Chief Financial Officer. Please go ahead. Andrew Flynn Senior VP & CFO Good morning, everyone. Earlier today, we issued a press release covering our fourth quarter results available in the Investor Relations section of our website at www.turningpointbrands.com. During this call, we'll discuss consolidated and segment operating results, the operating environment and our progress against our strategic plan. Before we begin, please refer to the forward-looking statements and risk factors in our press release and SEC filings. We'll also reference certain non-GAAP financial measures. Reconciliations and explanations are included in today's earnings release. With that, I'll turn the call over to our CEO, Graham Purdy. Graham Purdy CEO, President & Director Thanks, Andrew. Good morning, everyone, and thank you for joining our call. We are pleased with how the year wrapped up and the momentum we built for 2026. Revenue increased 29% to $121 million for the fourth quarter, including $41.3 million in Modern Oral net revenue. Adjusted EBITDA increased 14% to $30 million for the quarter. We are initiating 2026 Modern Oral gross revenue guidance at a range of $220 million to $240 million in Modern Oral net revenue at a range of $180 |
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E3 Lithium Receives Conditional Approval for up to C$36.5 million in Federal Government Funding to Accelerate its Clearwater Project | stocknewsapi |
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CALGARY, Alberta--(BUSINESS WIRE)--E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3”, “E3 Lithium” or the “Company,” a leader in Canadian lithium development, has been conditionally approved for up to C$36.5 million of non-repayable funding through the Government of Canada's Global Partnerships Initiative (GPI) (the “Funding”), to accelerate the development of its Clearwater Project. The Funding supports 75% of the forecasted $48 million project to complete E3's Demonstration Facility.
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THOR INDUSTRIES ELEVATES RYAN BIREN TO CHIEF INFORMATION OFFICER, SIGNALING ACCELERATED ENTERPRISE DATA AND AI STRATEGY | stocknewsapi |
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, /PRNewswire/ -- THOR Industries, Inc. (NYSE: THO), the global leader in the recreational vehicle industry, today announced the promotion of Ryan Biren to Chief Information Officer (CIO), a newly created Executive Officer position. The appointment underscores THOR's decisive commitment to advancing its enterprise data, digital, and artificial intelligence strategies.
Biren joined THOR in February of 2024 as Vice President of Corporate Development. In this role, he has developed key data platforms utilized by the Company to improve its performance. Prior to joining THOR, Biren was with Camping World Holdings where he served as a Senior Vice President. As CIO and Executive Officer, Biren will lead THOR's North American IT, data, analytics, IT controls, and digital platform strategy—with a clear mandate: unlock enterprise-wide value from data, accelerate AI-driven innovation and strengthen THOR's competitive advantage in an increasingly digital marketplace. "This is more than a title change—it is an important strategic step for THOR to take," said Bob Martin, THOR Industries President and Chief Executive Officer. "Data, analytics and AI are central to the next era of value creation at THOR. Elevating the CIO role to the executive leadership team reflects how seriously we are investing in these capabilities to power smarter decisions, stronger operating performance and differentiated customer experiences." Accelerating the Enterprise Data and AI Agenda Under Biren's leadership, THOR has built and deployed a robust enterprise data platform now serving all operating companies, including THOR's European operations. The platform has enhanced enterprise visibility, improved speed to insight, and enabled advanced analytics across sales, operations, market intelligence and customer engagement. With the CIO role formalized at the Executive Officer level, THOR is accelerating into its next phase: Scaling AI-enabled analytics across brands and regions Advancing predictive market intelligence capabilities Expanding digital dealer and customer experiences Strengthening enterprise cybersecurity and data governance Reducing system friction and duplication across the organization "This appointment positions THOR to compete—and win—in a marketplace where intelligent use of data increasingly defines performance," Martin added. "We are building enterprise intelligence as a strategic asset, and Ryan's leadership ensures we execute with urgency and discipline." Enterprise Alignment Without Sacrificing Decentralization THOR's operating companies have built strong and independent technology foundations that support its decentralized operating model. The updated reporting structure—which includes functional reporting of operating company IT leaders to the CIO—is designed to harmonize enterprise standards, strengthen interoperability and accelerate cross-brand digital initiatives while preserving the autonomy that drives THOR's entrepreneurial culture. THOR will strike a balance between maintaining that independence and harmonizing its digital presence to reduce complexity and strengthen its industry leadership in digital engagement with independent dealers—including the creation of a unified dealer portal designed to simplify connectivity and improve the dealer experience. "Looking ahead, THOR is making the deliberate investments necessary to fully unlock the value of our enterprise data and digital capabilities. The potential impact on our operations is transformative. From how we recruit and develop talent to how we build, sell, and support our products, data and AI will redefine our operating discipline and create measurable advantages across the entire value chain," stated Todd Woelfer, Chief Operating Officer of THOR Industries. "Our objective is simple but powerful: enable THOR companies to be stronger partners to our independent dealers and deliver the right products to consumers—when and where they want them—at a price and quality standard that leads the industry," continued Woelfer. "By driving efficiency, visibility, and smarter decision-making throughout the entire value chain, we are creating structural advantages that will benefit our dealers, our retail customers, and our shareholders alike." About THOR Industries, Inc. THOR Industries is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational vehicles. For more information on the Company and its products, please go to www.thorindustries.com. Forward-Looking Statements This release includes certain statements that are "forward-looking" statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based on management's current expectations and beliefs regarding future and anticipated developments and their effects upon THOR, and inherently involve uncertainties and risks. These forward-looking statements are not a guarantee of future performance. We cannot assure you that actual results will not differ materially from our expectations. Factors which could cause materially different results include, among others: the impact of inflation on the cost of our products as well as on general consumer demand; the effect of raw material and commodity price fluctuations, including the impact of tariffs, and/or raw material, commodity or chassis supply constraints; the impact of war, military conflict, terrorism and/or cyber-attacks, including state-sponsored or ransom attacks; the impact of sudden or significant adverse changes in the cost and/or availability of energy or fuel, including those caused by geopolitical events, on our costs of operation, on raw material prices, on our suppliers, on our independent dealers or on retail customers; the dependence on a small group of suppliers for certain components used in production, including chassis; interest rates and interest rate fluctuations and their potential impact on the general economy and, specifically, on our independent dealers and consumers and our profitability; the ability to ramp production up or down quickly in response to rapid changes in demand or market share while also managing associated costs, including labor-related costs and production capacity costs; the level and magnitude of warranty and recall claims incurred; the ability of our suppliers to financially support any defects in their products; the financial health of our independent dealers and their ability to successfully manage through various economic conditions; legislative, trade, regulatory and tax law and/or policy developments including their potential impact on our independent dealers, retail customers or on our suppliers; the costs of compliance with governmental regulation; the impact of an adverse outcome or conclusion related to current or future litigation or regulatory audits or investigations; public perception of and the costs related to environmental, social and governance matters; legal and compliance issues including those that may arise in conjunction with recently completed transactions; the ability to realize anticipated benefits of strategic realignments or other reorganizational actions; the level of consumer confidence and the level of discretionary consumer spending; the impact of exchange rate fluctuations; restrictive lending practices which could negatively impact our independent dealers and/or retail consumers; management changes; the success of new and existing products and services; the ability to maintain strong brands and develop innovative products that meet consumer demands; changes in consumer preferences; the risks associated with acquisitions, including: the pace and successful closing of an acquisition, the integration and financial impact thereof, the level of achievement of anticipated operating synergies from acquisitions, the potential for unknown or understated liabilities related to acquisitions, the potential loss of existing customers of acquisitions and our ability to retain key management personnel of acquired companies; a shortage of necessary personnel for production and increasing labor costs and related employee benefits to attract and retain production personnel in times of high demand; the loss or reduction of sales to key independent dealers, and stocking level decisions of our independent dealers; disruption of the delivery of units to independent dealers or the disruption of delivery of raw materials, including chassis, to our facilities; increasing costs for freight and transportation; the ability to protect our information technology systems, including confidential and personal information, from data breaches, cyber-attacks and/or network disruptions; asset impairment charges; competition; the impact of losses under repurchase agreements; the impact of the strength of the U.S. dollar on international demand for products priced in U.S. dollars; general economic, market, public health and political conditions in the various countries in which our products are produced and/or sold; the impact of adverse weather conditions and/or weather-related events; the impact of changing emissions and other related climate change regulations in the various jurisdictions in which our products are produced, used and/or sold; changes to our investment and capital allocation strategies or other facets of our strategic plan; and changes in market liquidity conditions, credit ratings and other factors that may impact our access to future funding and the cost of debt. These and other risks and uncertainties are discussed more fully in our Quarterly Report on Form 10-Q for the quarter ended October 31, 2025 and in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2025. We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release or to reflect any change in our expectations after the date hereof or any change in events, conditions or circumstances on which any statement is based, except as required by law. SOURCE Thor Industries, Inc. |
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Rebecca Walser on Energy Volatility, PLTR & Defense Tailwinds After Strike on Iran | stocknewsapi |
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Rebecca Walser (@walserwealth) helps investors break down the volatile price action following the U.S. and Israel joint strike on Iran. "You can't rely on treasuries" in ways you normally can, she argues, noting energy volatility and an unclear path to resolution as key headwinds.
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BYND INVESTOR NOTICE: Faruqi & Faruqi, LLP Reminds Beyond Meat (BYND) Investors of Securities Class Action Deadline on March 24, 2026 | stocknewsapi |
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Beyond Meat To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Beyond Meat between February 27, 2025 and November 11, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - March 2, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Beyond Meat, Inc. ("Beyond Meat" or the "Company") (NASDAQ: BYND) and reminds investors of the March 24, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the book value of certain of Beyond Meat's long-lived assets exceeded their fair value, making it highly likely that the Company would be required to record a material, non-cash impairment charge; (2) the foregoing was likely to impair Beyond Meat's ability to timely file its periodic filings with the U.S. Securities and Exchange Commission ("SEC"); and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times. On November 3, 2025, during pre-market hours, Beyond Meat issued a press release announcing that it would delay reporting its financial results for Q3 2025, citing the need for additional time to complete its impairment review. On this news, Beyond Meat's stock price fell $0.265 per share, or 16.01%, to close at $1.39 per share on November 3, 2025. On November 10, 2025, during post-market hours, Beyond Meat issued a press release announcing its financial results for Q3 2025. Among other results, Beyond Meat reported that its loss from operations for the quarter was $112.3 million, which included "$77.4 million in non-cash impairment charges related to certain of the Company's long-lived assets." (Emphasis added.) On this news, Beyond Meat's stock price fell $0.12 per share, or 8.96%, to close at $1.22 per share on November 11, 2025. Then, on November 11, 2025, during post-market hours, Beyond Meat hosted a conference call with investors and analysts to discuss its financial results for Q3 2025. During the call, the Company's Chief Financial Officer and Treasurer Defendant Lubi Kutua disclosed, in relevant part, that "[t]he total impairment amount of $77.4 million was . . . allocated to PP&E, operating lease ROU assets and prepaid lease costs on our balance sheet." On this news, Beyond Meat's stock price fell an additional $0.105 per share, or 8.61%, to close at $1.115 per share on November 12, 2025. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Beyond Meat's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Beyond Meat class action, go to www.faruqilaw.com/BYND or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285952 Source: Faruqi & Faruqi LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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MSCI to Participate in the RBC Capital Markets Global Financial Institutions Conference | stocknewsapi |
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NEW YORK--(BUSINESS WIRE)--MSCI Inc. (“MSCI” or the “Company”) (NYSE: MSCI) announced today that Luke Flemmer, Head of Private Assets, will be participating in a fireside chat at the RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 10, 2026 at 2:40PM Eastern Time. A live webcast and replay of this event will be available on the events and presentations section of MSCI’s Investor Relations homepage at https://ir.msci.com/events-and-presentations. About MSCI Inc. MSCI Inc. (NYSE: MSCI) strengthens global markets by connecting participants across the financial ecosystem with a common language. Our research-based data, analytics and indexes, supported by advanced technology, set standards for global investors and help our clients understand risks and opportunities so they can make better decisions and unlock innovation. We serve asset managers and owners, private-market sponsors and investors, hedge funds, wealth managers, banks, insurers and corporates. To learn more, please visit www.msci.com. To learn more, please visit www.msci.com. MSCI#IR More News From MSCI Inc. Back to Newsroom |
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Credit markets dented as Middle East war piles onto 'cockroaches' fears | stocknewsapi |
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Item 1 of 2 A trader works at the Frankfurt stock exchange in Frankfurt, Germany, February 22, 2022. REUTERS/Timm Reichert
[1/2]A trader works at the Frankfurt stock exchange in Frankfurt, Germany, February 22, 2022. REUTERS/Timm Reichert Purchase Licensing Rights, opens new tab LONDON, March 2 (Reuters) - A number of key European credit indicators deteriorated on Monday, with an index of regional junk corporate credit hitting its highest yield since November on investor jitters over conflict in the Middle East and the fragility of the private credit market. The U.S.-Israeli air war against Iran expanded to Lebanon as Israel responded to strikes by Hezbollah, while Tehran fired missiles and drones at Israel, Gulf states and a British air base in faraway Cyprus. The Week in Breakingviews newsletter offers insights and ideas from Reuters' global financial commentary team. Sign up here. As sentiment faltered, investors ditched riskier assets such as credit, cryptocurrencies and equities. SURGE IN COST OF DEFAULT INSURANCEThe iTRAXX Europe Crossover index - which captures the cost of insuring against the risk of default on a basket of high-yield corporate debt - rose by nearly 11 basis points to around 270 bps, having already risen last week by the most since early October. A similar measure of investment-grade credit, the iTRAXX Europe Main, rose by 1.5 bps to around 57 bps, the most since mid-October. The collapse of a niche British mortgage financing company last week has added to worries among investors over ballooning corporate debt levels related to the artificial intelligence boom, as well as over lending standards. Much of this borrowing has come via private credit, typically less transparent and liquid than public markets, and more liable to seize up in the event of a shock to the financial system. "With all the focus right now on the oil price, currency and equity moves, and what may or may not represent a safe asset in the 'new normal', one should not lose sight of everything that is going on in the credit space (where spreads have in some cases been wafer-thin), and a known (difficult to quantify) risk that has in recent weeks been coming more and more to the fore - namely private markets and the exposure of banks through their lending books, to non-bank financial institutions," said Saltmarsh Economics chief economist David Owen. JPMorgan boss Jamie Dimon said late last year that could emerge from pockets of Wall Street's multitrillion-dollar credit machinery. European shares fell broadly, led by losses in travel and leisure stocks, while bank stocks tumbled. Shares in major lenders such as HSBC (HSBA.L), opens new tab, Banco Santander and Deutsche Bank (DBKGn.DE), opens new tab fell 4-5%. At Friday's close, the ICE BofA U.S. Corporate Index traded at 118 bps, its highest since late November, having risen from a four-year low of 100 bps, according to ICE data. The ICE U.S. High Yield Index closed Friday at 312 bps, also the highest since late November, ICE data showed. Short-dated U.S. Treasury yields rose as investors grew concerned about a surge in oil prices and a potential spike in global inflation. "The regional concentration of global oil and gas supply flowing through the Strait of Hormuz and heightened uncertainties around the nature of the conflict point to elevated tail risks," said Nelson Jantzen, who covers high-yield bonds, leveraged loans and distressed leveraged credit at JPMorgan, in a note. Reporting by Amanda Cooper; Additional reporting by Matt Tracy in Washington; Editing by Dhara Ranasinghe and Kevin Liffey Our Standards: The Thomson Reuters Trust Principles., opens new tab |
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Doubleview Gold Corp. Announces Positive Preliminary Economic Assessment for the Hat Project; Robust Base-Case Economics with Strategic Scandium Upside | stocknewsapi |
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After-tax NPV(5%) of C$6.73 billion and IRR of 23% at Consensus Metal Prices After-tax NPV(5%) of C$13.53 billion and IRR of 39% at Spot Metal Prices.NPV Including scandium and the associated processing circuit: After-tax NPV(5%) of C$6.94 billion an IRR of 19% at Consensus Metal PricesAfter-tax NPV(5%) of C$14.52 billion and IRR of 32% at Spot Metal Prices.Vancouver, British Columbia--(Newsfile Corp. - March 2, 2026) - Doubleview Gold Corp (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce the results of its Preliminary Economic Assessment (PEA) of its 100%-owned polymetallic Hat porphyry project ("Hat" or "the Project"), in northwestern British Columbia. With major content of copper, gold, cobalt, silver, and scandium, Hat becomes an important source of critical minerals. Three processing scenarios were evaluated-Scenario A1 (A1) a Cu-Au-Ag-Co flotation base case using current testwork recoveries[1], Scenario A2 (A2), the same base case using expected recoveries1, and Scenario B (B), a Cu-Au-Ag-Co flowsheet with an added hydrometallurgical circuit and scandium recovery circuit-with results indicating the Project is financially attractive even without the scandium component. Highlights: Robust Project Economics: The PEA demonstrates a high-margin operation with an After-Tax NPV(5%) of C$4.96 billion (A1), C$6.73 billion (A2), or C$6.94 billion (B), and an IRR of 19% (A1), 23% (A2), or 19% (B) at analyst consensus metal prices[2]. Using a spot-price scenario[3], the Project delivers a compelling after-tax NPV(5%) of C$11.05 billion (A1), 13.53 billion (A2), or C$14.52 billion (B) and an IRR of 34% (A1), 39% (A2), or 32% (B). Sensitivity Highlight: Project economics show the greatest leverage to overall metal prices, with NPV (5%) ranging from C$3.2 billion to C$10.2 billion (IRR: 14%-32%) at ±20% on all metals; even under additional +20% CAPEX and +20% OPEX sensitivities, applied on top of a 25% contingency already embedded in the base case, all scenarios deliver IRRs of 16% or better, and Scenario B provides additional scandium oxide upside with NPV(5%) of C$6.2 billion-C$7.7 billion (IRR: 18%-20%) at ±40% metal price. Tier 1 Scale and Longevity: The mine plan supports a multi-decade life of 25 years at a 120,000 tonnes-per-day processing rate, underpinned by a resource base of 609 Mt at 0.43% CuEq[4] in the Measured and Indicated categories and 503 Mt at 0.41% CuEq4 in the Inferred category. High-Output Production Profile B: Envisioned as a conventional large-scale open-pit operation, the Project is expected to produce an average of over 74 kt of copper, 254 koz of gold, 376 koz of silver and 2.7 kt of cobalt annually during the first 10 years, with life-of-mine (LOM) average production of 67.6 kt Cu, 217 koz Au, 348 koz Ag, 2.5 kt Co, and 128 tonnes of scandium oxide per year. (NOTE: projected cobalt to be about 68% of North America's cobalt production based on 2024 production) Strategic Importance for Critical Minerals: The Project is positioned as a primary North American source of copper, scandium, and cobalt. With approximately 2.42 billion pounds of copper, 80 million pounds of cobalt and 2,415 tonnes of scandium oxide contained[5] in the Measured and Indicated categories, the Project represents an important discovery of critical minerals. Stable, Supportive Jurisdiction: Located in a premier mining district in British Columbia, the Project benefits from a stable regulatory environment. The Company is committed to engaging with local First Nations in a respectful manner and to working toward positive and constructive relationships as the Project advances. Catalyst for Development: The PEA serves as the technical foundation for an immediate transition into a Pre-Feasibility Study (PFS), providing a clear roadmap for early works and permitting activities in 2026 and 2027. Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented, "The results of this PEA confirm the scale, strength and long-term potential of the Hat Project. Delivering a post-tax NPV(5%) of up to C$6.94 billion and IRR of up to 23% at consensus prices, and even stronger metrics at spot prices, validates years of disciplined exploration and technical work by our team. Hat is demonstrating Tier 1 characteristics with a 25-year mine life, strong annual production profile and meaningful free cash flow generation. Importantly, the Project stands on its own without reliance on scandium, while still preserving significant upside from critical minerals as markets mature. We are excited to advance Hat to Pre-Feasibility and continue building a major Canadian critical metals project." Doubleview acknowledges that the Project is located on the traditional territories of the Tahltan Nation and the Taku River Tlingit First Nation, and recognizes their enduring relationship to and stewardship of the land and waters. Doubleview is committed to respectful, transparent, and ongoing engagement with First Nations and local communities whose territories overlap the Project area and access routes, with a focus on protecting water and the environment and advancing responsible development. PEA OVERVIEW The PEA contemplates a conventional open-pit mine and processing operation with a 25-year mine life at a 120,000 t/d (42 Mt/a) plant throughput. Two processing pathways were evaluated, A1 and its alternative, A2, and B: the first alternative, A, is a Cu-Au-Ag-Co flotation concentrator with two recovery cases based on current metallurgical testwork, and A2, reflecting expected performance (Figure 1); and B, a full circuit that retains the base flowsheet and adds a downstream hydrometallurgical scandium recovery circuit (Figure 2). The tailings storage facility is a centreline-raised facility built with compacted cycloned sand from tailings underflow, and engineered drainage for stability, with site-contact waters (including seepage and pit dewatering) recycled to the process plant and final closure involving pond drainage and reclamation. The Project is expected to rely on grid power via an extended transmission line. Tables 1 to 3 summarize the key results of the PEA, including production, operating costs, capital expenditures, and the principal financial metrics; the sections that follow provide additional detail on the underlying assumptions, project design, and study outcomes. Table 1: PEA Study Summary-Production Metric UnitScenario A1Scenario A2Scenario BMining SummaryStrip ratiot:t1.60Production Summary LOMAverage Annual ThroughputMt42CuEq Head Grade[6], [7]%0.42Cu Head Grade%0.19Au Head Gradeg/t0.19Ag Head Gradeg/t0.51Co Head Gradeg/t0.78Sc Head Grade6g/t28.35Cu Recovery %808985[8]Au Recovery %6675898Ag Recovery %5353688Co Recovery %3030788Sc Recovery %N/A728Overall Mass of Tailings to Process[9]%N/A12.5Year of Production Start of Sc2O38yearN/A4Average Annual Cu Productionkt63.670.867.6Total Cu Productionkt1,590.51,769.41,689.9Average Annual Payable Cukt61.768.765.7Total Payable Cu kt1,542.81,716.31,642.2Average Annual Au Productionkoz161.1183.1217.3Total Au Productionkoz4,028.24,577.55,432.0Average Annual Payable Aukoz153.1173.9207.5Total Payable Aukoz3,826.84,348.75,188.6Average Annual Ag Productionkoz271.3271.3348.0Total Ag Productionkoz6781.66,781.68,700.9Average Annual Payable Agkoz244.1244.1318.6Total Payable Agkoz6,103.46,103.47,965.3Average Annual Co Productionkt1.01.02.5Total Co Productionkt23.923.962.2Average Annual Payable Cokt0.80.82.3Total Payable Cokt19.119.156.3Average Annual Sc2O3 ProductiontN/A128.4Total Sc2O3 ProductiontN/A3,209.5Total Sc2O3 PayabletN/A3,049.0Table 2: PEA Study Summary-Operating Cost MetricUnitScenario A1Scenario A2Scenario BOperating Cost Average Mine Operating CostsC$/t-moved2.32Average Mine Operating CostsC$/t-milled6.03Processing Operating Cost[10]C$/t-milled7.937.9310.84Sc2O3 Processing Cost[11]C$/kg Sc2O3N/A939.55General & AdministrativeC$/t-milled2.562.562.56Total Operating CostsC$/t-milled16.2216.2222.96Table 3: PEA Study Summary-Capital Expenditure and Financial Metrics MetricUnitScenario A1Scenario A2Scenario BCapital Expenditure Initial Capital CostsC$M3,5523,6013,828Sustaining Capital CostsC$M2,7552,7554,006Closure and Reclamation CostC$M503Financial Metrics Exchange RateCAD/USD1.37Long Term Copper Price US$/lb4.88Long Term Gold PriceUS$/oz3,272.60Long Term Silver PriceUS$/oz50.22Long Term Cobalt PriceUS$/lb19.57Long Term Scandium Oxide PriceUS$/kg N/A1,500Average Annual EBITDAC$M8861,0711,242Total EBITDAC$M22,16226,77031,041Average Annual Free Cash Flow (Pre-tax)C$M7569401,061Free Cash Flow (Pre-tax)[12]C$M18,90423,51126,532Total Provincial Tax (inc. BC Mineral Tax)C$M(4,029)(5,090)(5,772)Total Federal TaxC$M(1,274)(1,859)(2,170)Total TaxesC$M(5,303)(6,949)(7,942)Average Annual Free Cash Flow (Post-tax)C$M544662744Free Cash Flow (Post-tax)12C$M13,60116,56218,591Total Free Cash Flow (Pre-tax)[13]C$M15,35219,91022,704Total Free Cash Flow (Post-tax)12C$M10,05012,96114,763NPV 5% (Pre-tax)C$M7,88310,57611,043NPV 5% (Pre-tax)US$M5,7547,7208,061IRR (Pre-tax)%242923Payback (Pre-tax)yearsYear 5Year 4Year 6NPV 5% (Post-tax)C$M4,9636,7276,937NPV 5% (Post-tax)US$M3,6234,9115,064IRR (Post-tax)%192319Payback (Post-tax)YearsYear 6Year 5Year 7Table 4 shows the Sensitivity analysis using after-tax NPV(5%) and after-tax IRR. Table 4: Sensitivity Analysis VariableCase (%)Metal PriceScenario A1Scenario A2Scenario BNPV (5%) C$MIRR (%)NPV (5%) C$MIRR (%)NPV (5%) C$MIRR (%)Base Case Consensus forecast4,963196,727236,93719Copper Price-20US$3.90/lb Cu3,218154,807195,09415Copper Price+20US$5.86/lb Cu6,688238,632288,76422Gold Price-20US$2,618.08/oz3,625165,223195,20116Gold Price+20US$3,927.12/oz6,289228,222278,66122Metal Prices-20All metal prices1,708103,165142,65011Metal Prices+20All metal prices8,1182710,2333211,11026Initial CAPEX+20Variable per Scenario4,448166,222196,39416OPEX+20Variable per Scenario3,660165,438205,18516Scandium Oxide Price-40US$900/kg Sc2O3 6,15918Scandium Oxide Price+40US$2,100/kg Sc2O3 7,71420MINERAL RESOURCE ESTIMATE Doubleview Gold Corp announced an update of the Mineral Resource estimate (MRE). This estimate followed the Micon International Ltd. (Micon) Mineral Resource estimate with an effective date of July 17, 2024. This MRE incorporates significant new data from the 2024 and 2025 exploration campaigns, with an effective date of February 4, 2026, and superseded the 2024 Micon estimate. Table 5: Hat MRE at a 0.2% CuEq Cut-Off Effective February 4, 2026 Mineral Resource ClassificationTonnage (Mt)Average GradeMetal ContentCuEq (%)Cu (%)Au (g/t)Co (g/t)Ag (g/t)CuEq (Blb)Cu (Blb)Au (Moz)Co (Mlb)Ag (Moz)Measured2720.440.220.1876.260.372.611.111.4135.62.17Indicated3370.430.210.1976.810.393.211.311.8144.52.88Total M+I6090.430.210.1876.570.385.822.423.2280.15.05Inferred5030.410.180.1976.620.384.571.722.7766.24.19Table 6: Hat MRE at a 0.2% CuEq Cut-Off as of February 4, 2026, Scandium Oxide Resources Mineral Resource ClassificationTonnage (Mt)Sc Tonnage1 (Mt)Average Grade Sc (g/t)Metal Content Sc2O3 2 (t)Measured2723428.791,081Indicated3374228.761,334Total M+I6097628.772,415Inferred5036328.691,996Notes: 1 Scandium tonnages represent 12.5% of the mineralized material by category, reflecting the proportion of tailings expected to be processed through a dedicated scandium leach circuit under current metallurgical design constraints. 2 Scandium oxide metal content have been calculated using the metallurgical recovery of 72% and conversion factor from Sc to Sc2O3 of 1.534. Mineit's Qualified Person, Tomasz Wawruch, FAusIMM, completed the MRE, and has reviewed and approved the technical disclosure related to the MRE contained in this news release. Mr. Wawruch is a senior geology and mineral resource consultant independent of Doubleview. Mr. Gilles Arseneau, PhD., P.Geo., of ARSENEAU Consulting Services Inc., provided an independent review of this MRE. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. Inferred Mineral Resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves. The Mineral Resource Estimate was prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves (2014), and CIM MRMR Best Practice Guidelines (2019). The effective date of the MRE is February 4, 2026. Metal contents have been calculated using the following metallurgical recovery factors: Cu = 85%, Au = 89%, Co = 78%, and Ag = 68%. Economic assumptions used include US4.80/lb Cu, US20.00/lb Co, US3,200/oz Au, US46/oz Ag, and a 2% NSR royalty. Mineral Resources are reported within optimized open pit constraints and 0.2% CuEq cut-off grade, based on a C7.93/t milled processing cost and C2.90/t milled general and administrative cost, with a mining cost of C3.01/t plus incremental mining cost increasing by C0.015/t for every bench below the reference level of 1,125 mRL. CuEq calculations do not include scandium. The formula used to calculate CuEq is: CuEq = [(((Ag × 46.0 × 0.68)/31.1035) + ((Au × 3200 × 0.89)/31.1035) + 0.0001 × (Co × 20.0 × 0.78 × 22.0462) + 0.0001 × (Cu × 4.8 × 22.0462 × 0.85))/(4.8 × 22.0462 × 0.85)], where all input variables are expressed in (ppm) and CuEq is expressed in percent (%). Rounding may result in minor variations between individual values and totals; such differences are not considered material to the MRE. Mineral Resource classification reflects the level of geological confidence and satisfies the uncertainty criteria appropriate for exploration and resource development. Additional drilling will be required to reduce uncertainty to the level expected for production planning. The MRE reflects the geological interpretation, drill-hole spacing, and estimation parameters available at the time of modelling. Any additional drilling is expected to influence the current outcome by improving confidence in the estimates and refining the geometry of the mineralized domains. The Mineral Resource results are presented in situ within the optimized pit. Mineralized material outside the pit has not been considered as a part of the current MRE tabulation. Calculations used metric units (metres, tonnes, g/t). A total of 97 diamond drill holes, comprising 49,548 m of core, were incorporated into the Mineral Resource Estimate. All drilling data used in the MRE were subject to standard QA/QC validation prior to inclusion. PROCESSING SCENARIOS The PEA evaluates two processing scenarios: (A) a conventional Cu-Au-Ag-Co flotation concentrator at 120,000 t/d (42 Mt/a) with two recovery cases-A1 based on metallurgical testwork completed by Sepro Laboratories (Langley, BC) and A2 reflecting target/expected performance-and (B) a full circuit that retains the base flowsheet and adds a downstream hydrometallurgical scandium recovery circuit. The concentrator consists of crushing, grinding, flotation, concentrate handling, and tailings management, producing both a saleable approximately 25% Cu concentrate with co-product gold and by-product silver-cobalt credits and a pyrite concentrate enriched in cobalt; in the full-circuit case, the pyrite concentrate is roasted to generate sulphuric acid and a calcine that is then processed to recover cobalt, gold, silver, and copper; after stripping it will be precipitated as a sulphide to be admixed to the copper concentrate to improve grade, with the acid used to leach flotation tailings for scandium recovery, noting that the scandium circuit is a newer chemical process compared with the otherwise industry-standard flowsheet. Under A1 or A2 (Figure 1), the flowsheet produces a single saleable product-a copper concentrate with payable gold credits; the pyrite concentrate is not treated or marketed in this case and is only processed in B where the hydrometallurgical circuit enables recovery of cobalt (and additional Au-Ag) and supports the scandium circuit (Figure 2), which is planned to be constructed in a phased approach commencing in Year 3 of operations. Figure 1: Grinding and Flotation Flowsheet; Scenarios A1/A2 Report Copper Concentrate Only, while the Cobalt-Pyrite Flotation Stream Shown Is Included Only in Scenario B To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8003/285945_7d43165cf4f1bb4d_001full.jpg Figure 2: Scenario B Hydrometallurgical Plant Block Flow Diagram, Showing Downstream Treatment of the Cobalt-Pyrite Stream and Flotation of Tailings to Recover Cobalt (and Au-Ag) and Scandium, Including Sulphuric Acid Generation to Support the Scandium Circuit To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8003/285945_7d8c82e63416eab6_003full.jpg Table 7 summarizes the head grades, concentrate grades, and overall metallurgical recoveries from early testwork for the full circuit; A1 assumes only the reported recoveries to the Cu-Au concentrate, while the cobalt-pyrite concentrate and downstream recoveries are considered only in B. Table 7: Attainable Recovery from Testwork ProductGradeRecoveryCopper (%)Cobalt (ppm)Gold (g/t)Silver (g/t)Copper (%)Cobalt (%)Gold (%)Silver (%)Head Grade0.211320.342.9----Copper-Gold Concentrate251160126880306653Cobalt-Pyrite Concentrate0.301605285482315Combined Concentrates----85788968Tailings0.05400.051.015221132Early metallurgical testwork comprised metallurgical characterization studies under standard laboratory conditions to demonstrate metals recoverability for inclusion in the estimate of CuEq. No attempt was made to optimize flotation conditions, and more advanced flotation testwork was not undertaken. Consequently, the reported metallurgical recoveries are considered conservative, and it is reasonable to expect improvement with further testwork. A2, assumes improved copper and gold recoveries of 89% and 75%, respectively, reflecting expected performance from comparable Cu-Au porphyry flotation circuits following further optimization and testwork. Table 8 summarizes the recoveries assumption on each scenario. Table 8: Net Recovery for Each Scenario Net Recovery Scenario A1Scenario A2Scenario BCu Recovery 80%89%85%Au Recovery 66%75%89%Ag Recovery 53%53%68%Co Recovery30%30%78%CAPITAL COST SUMMARY Table 9 presents the estimated capital cost breakdown for the three evaluated scenarios, separating initial CAPEX from sustaining CAPEX and reporting costs in C$M by major cost area (processing plant, mining, pre-stripping, infrastructure, tailings and water management, Indirects/EPCM, and contingency). Total initial CAPEX is estimated at C$3,552 million (A1), C$3,601 million (A2), and C$3,828 million (B), reflecting the higher processing plant scope and associated indirects/contingency in Scenario B. Total sustaining CAPEX is estimated at C$2,755 million (A1/A2) and C$4,006 million (B), with the increase in B driven primarily by the inclusion of the hydrometallurgical plant and scandium recovery circuit within sustaining capital, while mining, infrastructure, and tailings sustaining components remain broadly consistent across scenarios Table 9: Capital Cost Summary Capital Cost Summary UnitScenario A1Scenario A2Scenario BInitial Capex Processing Plant (Excl. Hydrometallurgical Plant)C$M1,6091,6451,810Mining CAPEXC$M394394394Mining Pre-StrippingC$M979797Infrastructure (Power/Water/Roads/Camp)[14]C$M326326326Tailings And Water ManagementC$M157157157Indirects + EPCMC$M258262278Contingency (25%)C$M710720766Total initial CAPEXC$M3,5523,6013,828Sustaining CAPEX Processing Plant (Inc. Hydrometallurgical Plant)C$M2852851,194Mining CAPEXC$M811811811Infrastructure (Power/Water/Roads/Camp)C$M636363Tailings and Water ManagementC$M1,0651,0651,065Indirects + EPCMC$M142142233Contingency (25%)C$M390390640Total Sustaining CAPEXC$M2,7552,7554,006Closure and ReclamationC$M503503503OPERATING COST SUMMARY Table 10 summarizes the key operating cost and selling terms used in the PEA, reporting unit costs in C$/t moved, C$/t milled, and (where applicable) C$/kg of scandium oxide, together with concentrate transport and selling costs, TC/RC, and payability assumptions. Average site operating costs are estimated at C$16.22/t milled for Scenario A (concentrate-only) and C$22.96/t milled for B, with the increase in B driven by the addition of hydrometallurgical processing and acid generation (C$3.09/t milled) and scandium oxide processing costs (C$939.55/kg Sc₂O₃). On a payable metal basis, the study reports C1 cash costs of C$2.4/lb CuEq (A1), C$2.39/lb CuEq (A2), and C$2.89/lb CuEq (B) and AISC of C$2.79/lb CuEq (A1), C$2.78/lb CuEq (A2), and C$3.39/lb CuEq (B), reflecting the combined effects of recoveries, co-product/by-product credits, and the additional operating requirements of the full circuit. Table 10: Operating Cost Summary[15] Operating Cost Summary Units Value Average Mining Cost C$/t-moved2.32Processing Cost - Up to Concentrate production (Scenario A)C$/t-milled7.93Hydrometallurgical + Acid Generation (Scenario B)C$/t-milled3.08Scandium Oxide processing (Scenario B)C$/Kg Sc2O3939.55G&AC$/t-milled2.56Total Operating CostC$/t-milled22.96Cu-Au concentrate product Transport and sellingC$/DMT95.90TC Cu-Au ConcentrateC$/DMT77.00 Refining Cost- CuC$/lb0.11Refining Cost- AuC$/oz6.85Refining Cost- AgC$/oz0.48Refining Cost- CoC$/lb0.16Payable - Cu%97Payable - Au%95Payable - Ag%90Payable - Co%80Metal Production on-site (Scenario B) Payable - Au%97Payable - Ag%97Payable - Co%97C1 / cash cost (Scenario A1/A2/B)US$/lb CuEq payable1.75 / 1.74 / 2.11AISC (Scenario A1/A2/B)US$/lb CuEq payable 2.04 / 2.03 / 2.47ECONOMIC RESULTS Table 11 summarizes the key economic assumptions and resulting financial metrics for Scenarios A1, A2, B, including the long-term price deck, cash flow generation, taxation, and discounted valuation at a 5% discount rate. Using an exchange rate of 1.37 CAD: 1.00 USD and long-term prices of US$4.88/lb Cu, US$3,272.60/oz Au, US$50.22/oz Ag, and US$19.57/lb Co (and US$1,500/kg Sc₂O₃ for B), the Project generates average annual EBITDA of C$886 million (A1), C$1,071 million (A2), and C$1,242 million (B). On a post-tax basis, NPV(5%) is estimated at C$4,963 million (A1), C$6,727 million (A2), and C$6,937 million (B) with corresponding post-tax IRRs of 19%, 23%, and 19%, and post-tax payback in Year 6 (A1), Year 5 (A2), and Year 7 (B). Total post-tax free cash flow is estimated at C$10,050 million (A1), C$12,961 million (A2), and C$14,763 million (B), reflecting the higher cash generation under the improved recovery case (A2) and the additional revenue streams in Scenario B, partially offset by the added capital and operating requirements of the hydrometallurgical and scandium circuits. Table 11: Financial Metrics Consensus Metal Prices Metric UnitScenario A1Scenario A2Scenario BFinancial MetricsExchange RateCAD/USD1.37Long Term Copper Price US$/lb4.88Long Term Gold PriceUS$/oz3,272.60Long Term Silver PriceUS$/oz50.22Long Term Cobalt PriceUS$/lb19.57Long Term Scandium Oxide PriceUS$/kgN/A1,500Average Annual EBITDAC$M8861,0711,242Total EBITDAC$M22,16226,77031,041Average Annual Free Cash Flow (Pre-tax)C$M7569401,061Free Cash Flow (Pre-tax)[16]C$M18,90423,51126,532Total Provincial Tax (Including BC Mineral Tax)C$M(4,029)(5,090)(5,772)Total Federal TaxC$M(1,274)(1,859)(2,170)Total TaxesC$M(5,303)(6,949)(7,942)Average Annual Free Cash Flow (Post-tax)C$M544662744Free Cash Flow (Post-tax)15C$M13,60116,56218,591Total Free Cash Flow (Pre-tax)[17]C$M15,35219,91022,704Total Free Cash Flow (Post-tax)17C$M10,05012,96114,763NPV 5% (Pre-Tax)C$M7,88310,57611,043NPV 5% (Pre-Tax)US$M5,7547,7208,061IRR (Pre-Tax)%242923Payback (Pre-Tax)yearsYear 5Year 4Year 6NPV 5% (Post-Tax)C$M4,9636,7276,937NPV 5% (Post-Tax)US$M3,6234,9115,064IRR (Post-Tax)%192319Payback (Post-Tax)yearsYear 6Year 5Year 7Table 12 summarizes the key economic assumptions and resulting financial metrics for A1, A2, B, using spot metal prices. Table 12: Financial Metrics, Spot Metal Prices MetricUnitScenario A1Scenario A2Scenario BFinancial Metrics Exchange RateCAD/USD1.37Long Term Copper Price US$/lb6.00Long Term Gold PriceUS$/oz5,200.00Long Term Silver PriceUS$/oz90.00Long Term Cobalt PriceUS$/lb25.54Long Term Scandium Oxide PriceUS$/kgN/A1,500Average Annual EBITDAC$M1,5141,7752,053Total EBITDAC$M37,84344,37651,331Average Annual Free Cash Flow (Pre-Tax)C$M1,3831,6451,873Free Cash Flow (Pre-Tax)16C$M34,58541,11846,822Total Provincial Tax (Includes BC Mineral Tax)C$M(7,657)(9,163)(10,484)Total Federal TaxC$M(3,328)(4,166)(4,825)Total TaxesC$M(10,985)(13,329)(15,309)Average Annual Free Cash Flow (Post-Tax)C$M9441,1121,261Free Cash Flow (Post-Tax)16C$M23,60027,78931,513Total Free Cash Flow (Pre-Tax)17C$M31,03337,51742,994Total Free Cash Flow (Post-Tax)17C$M20,04824,18827,685NPV 5% (Pre-Tax)C$M17,23021,07322,734NPV 5% (Pre-Tax)US$M12,57715,38216,594IRR (Pre-Tax)%435040Payback (Pre-Tax)yearsYear 3Year 3Year 3NPV 5% (Post-Tax)C$M11,04713,52614,515NPV 5% (Post-Tax)US$M8,0649,87310,595IRR (Post-Tax)%343932Payback (Post-Tax)yearsYear 3Year 3Year 4SENSITIVITY ANALYSIS Sensitivity cases were evaluated for the key value drivers using after-tax NPV (5%) and after-tax IRR, including ±20% copper and gold prices, +20% initial capital, +20% operating costs and, for B, a ±40% scandium price sensitivity. Table 13: Sensitivity Summary (After-Tax NPV(5%) and IRR) VariableCase (%)Metal PriceScenario A1Scenario A2Scenario BNPV (5%) (C$M)IRR (%)NPV (5%) (C$M)IRR (%)NPV (5%) (C$M)IRR (%)Base Case Consensus forecast4,963196,727236,93719Copper Price-20US$3.90/lb Cu3,218154,807195,09415Copper Price+20US$5.86/lb Cu6,688238,632288,76422Gold Price-20US$2,618.08/oz3,625165,223195,20116Gold Price+20US$3,927.12/oz6,289228,222278,66122Metal Prices-20All metal prices1,708103,165142,65011Metal Prices+20All metal prices8,1182710,2333211,11026Initial CAPEX+20Variable per Scenario4,448166,222196,39416OPEX+20Variable per Scenario3,660165,438205,18516Scandium Oxide Price-40US$900/kg Sc2O3 6,15918Scandium Oxide Price+40US$2,100/kg Sc2O3 7,71420Overall, the sensitivity analysis demonstrates that the Project's after-tax economics remain positive across the tested ranges, with the greatest variability in after-tax NPV(5%) and IRR driven by simultaneous changes in the overall metal price deck. Changes to copper and gold prices individually have a meaningful but smaller effect, while +20% initial CAPEX and +20% OPEX reduce value but do not eliminate Project attractiveness in any of the evaluated scenarios. Scenario B shows additional exposure to scandium oxide price, with after-tax NPV(5%) varying within a narrower range relative to the broader multi-metal price cases, indicating that scandium provides incremental upside while the base-case Cu-Au Project remains financially robust on its own. PERMITTING, RISKS, AND NEXT STEPS Permitting and Environmental Permitting Status The permitting process will be supported by the continuation of environmental baseline studies, progression of engineering designs, and the initiation of socio-economic and cultural baseline studies. Due to the anticipated rate of resource extraction, it is expected that the Hat Project will be subject to both federal and provincial impact assessment pathways, so submission to both the Impact Assessment Agency of Canada (IAAC) and British Columbia Environmental Assessment Office (B.C. EAO) for their review is currently anticipated. Agency determination will decide the appropriate level of agency collaboration under the existing cooperation agreement for the Hat Project to acquire a provincial Environmental Assessment Certificate (EAC) and/or federal Decision Statement. The company will also submit a Joint Mines Act and Environmental Management Act Application through the B.C. Major Mines Office. Additional federal authorizations, including Fisheries Act approvals and compliance with Metal and Diamond Mines Effluent Regulations (MDMER), and applicable provincial permits will be obtained concurrently with other assessment and permitting steps. This will not only support protection of the immediate environment through the life of the Project but also respect the rights of First Nations and promote social and economic wellbeing for local communities. Tailings and Water Management The Tailings Storage Facility (TSF) includes a perimeter dyke primarily constructed from compacted cycloned sand. This material will be sourced from the coarse underflow of tailings processed through an on-site cyclone plant. Using the centreline raise method, the dam is designed to be free-draining, lowering the phreatic surface to facilitate geotechnical stability. During operations, seepage from the TSF will be directed to the process plant as reclaim water. Upon closure, the supernatant pond will be drained, and the tailings and dam surfaces will be reclaimed with a granular trafficability layer, followed by a growth medium and native revegetation. The water management strategy prioritizes the reuse of site-impacted water, directing TSF water, contact water from the waste rock storage facilities, and open-pit dewatering to the process plant for use as make-up water. Key Risks and Opportunities Project-wide Tailings Storage Facility: The location and geometry of the TSF are subject to refinement following geotechnical investigations of the potential site areas. Similarly, the anticipated availability of cycloned sand and the storage requirements for the facility may be adjusted once laboratory testing of the tailings is conducted. The integration of this future site-specific data presents a significant opportunity to optimize the TSF design. Mineral Processing: Limited metallurgical and comminution data introduce uncertainty in equipment sizing and operating cost inputs; however, early results indicate the ore should be amenable to conventional Cu-Au flotation, with potential upside from improved recoveries and reduced reagent consumption through optimization. The scandium circuit is less mature and is sensitive to acid economics and hydrometallurgical performance, but offers meaningful value upside if recoveries, product quality, and operating stability are confirmed at larger scale. Mine Design: Pit slope design criteria and mine scheduling are subject to elevated uncertainty due to the limited geotechnical database, including incomplete definition of structural controls, rock mass variability, and groundwater conditions. This creates downside risk to slope angles, strip ratio, and operating conditions if adverse structures or hydrogeology are encountered; however, it also provides a clear opportunity to materially improve design confidence and potentially optimize slope geometry, mine sequencing, and dewatering requirements through focused data acquisition and updated analyses. Capital Cost estimates: As a PEA-level estimate, capital costs remain subject to the inherent uncertainty of a preliminary design basis and limited engineering definition; however, significant effort was undertaken to develop the estimate using a defined scope, preliminary equipment sizing, and factored/benchmark-based costing with appropriate indirects and contingency. This work provides a credible foundation for decision-making at this stage while also highlighting clear opportunities to optimize capital intensity through further engineering definition, value engineering, and targeted trade-off studies (e.g., comminution configuration, tailings strategy, infrastructure/power, and construction execution approach). Scandium specific: Scandium provides strategic upside given its small, concentrated global supply base and the growing premium placed on secure, qualified supply, but it carries higher execution and commercial risk due to limited scale-up testwork (variability, impurity control, reagent intensity), added residue-management and permitting complexity, and uncertainty around product specifications, pricing, and customer qualification. Next Steps Resource: The Company is advancing the Project toward Pre-Feasibility by upgrading confidence in the current Mineral Resource estimate and improving definition of mineralization within the proposed mine plan area. The program will prioritize infill drilling to support conversion of Inferred Resources to Indicated (and, where appropriate, Measured), together with step-out drilling to test extensions of known mineralization and provide improved geological continuity for next-stage mine design, scheduling, and economic evaluation. Waste facilities: Field investigations will be conducted at potential TSF and waste rock storage sites to characterize subsurface conditions and identify suitable borrow materials for construction. These efforts will be supported by site-specific geotechnical and geochemical characterization of the tailings and waste rock. These data sets will inform a TSF design update to a Pre-Feasibility Study (PFS) level of engineering, encompassing an optimized siting and technology trade-off study. Metallurgy: Complete a comprehensive metallurgical testwork program on representative samples including comminution testwork (Bond Work Index, abrasion index, and related grindability tests) and metallurgical variability + locked-cycle flotation testing to define an optimal process flowsheet, mass balance, and optimized reagent scheme, and to produce samples for concentrate dewatering and preliminary smelter marketing. Progress the scandium work through targeted hydrometallurgical optimization including pulp density, free acidity/acid consumption, SX staging and extractant concentration, followed by an integrated pilot trial on bulk samples to validate scandium recovery, product quality, and circuit operability. Mine Design: A phased geotechnical program is recommended that includes re-analysis of existing boreholes (re-logging and detailed structural mapping, including oriented-core interpretation where available), establishment of geotechnical domains, targeted drilling and field mapping to confirm discontinuity sets and persistence, and hydrogeological data collection to constrain pore pressures and inflows. These data will support updated kinematic assessments and slope design analyses, refinement of inter-ramp and overall slope angles, and improved inputs to mine planning, risk management measures, and capital/operating cost estimates. Capital Costs Estimation: As the Project advances to PFS, the estimate will be progressively refined by advancing engineering to a higher level of definition, updating quantities and vendor inputs for major equipment and packages, tightening indirects and construction productivity assumptions, and executing focused optimization and constructability reviews to reduce contingency and improve overall cost confidence. NI 43-101 DISCLOSURE, QUALIFIED PERSONS, AND CAUTIONARY STATEMENTS Qualified Persons The scientific and technical information in this news release has been reviewed and approved by the following Qualified Persons (as defined under NI 43-101): Tomasz Wawruch, FAusIMM, Senior Geology and Mineral Resource Consultant of Mineit Consulting Inc. (responsible for the Mineral Resource estimate). Andrew Carter, EUR ING, B.Sc., CEng., MIMMM (QMR), MSAIMM, SME, of Magister Metallurgy (responsible for metallurgical studies and recovery processes). Shervin Teymouri, P.Eng., Mining Engineer of Mineit Consulting Inc. (responsible for project management, mining engineering, capital and operating cost estimates, and financial analysis). Andre de Ruijter, P.Eng., Mineit Consulting Inc, Process Engineer (process design, process capital and operating cost lead). Franky Li, P.Eng., EMM Consulting Pty Ltd (responsible for tailings management and TSF design, tailings capital and operating cost) Jayesh Rami, P.Eng., Infrastructure Engineer of Sacre-Davey Engineering Inc. (responsible for project infrastructure) Preliminary Economic Assessment Cautionary Statement The Preliminary Economic Assessment (PEA) for the Hat Project is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The PEA provides a conceptual mine plan and is based on low-level technical and economic assessments that are insufficient to support an evaluation of the economic viability of the Project or to establish Mineral Reserves. There is no certainty that the results of the PEA will be realized. Further exploration and site-specific engineering studies are required before a higher level of confidence can be established for the Project's economics. The economic analysis in the PEA is based on several assumptions including, but not limited to, long-term metal prices, foreign exchange rates, metallurgical recoveries, and capital and operating cost estimates. These assumptions are subject to significant risks and uncertainties, and actual results may differ materially from those projected. Readers are cautioned not to place undue reliance on the PEA or the forward-looking information contained in this release. Forward-Looking Information Certain of the statements made and information contained herein may constitute "forward-looking information" within the meaning of applicable Canadian securities laws. Often, these forward-looking statements can be identified using words such as "anticipates," "believes," "continue," "estimates," "expects," "forecasts," "intends," "plans," "projected," or the negatives thereof or variations of such words and phrases. Forward-looking statements in this news release include, but are not limited to, statements with respect to: the results of the Preliminary Economic Assessment for the Hat Project; the estimation of mineral resources; anticipated annual production of copper, gold, cobalt, and scandium; the after-tax NPV and IRR of the Project; forecasted AISC and Total Cash Costs; estimated initial and sustaining capital costs; the timing of a Pre-Feasibility Study; the timeline for permitting milestones and construction decisions; planned early works and infrastructure upgrades; and the Company's ability to maintain strong community and First Nations partnerships. Forward-looking statements are based on a number of assumptions that management considers reasonable at the time they are made, including assumptions regarding: the future prices of copper, gold, cobalt, and scandium; foreign exchange rates; metallurgical recoveries; the cost of essential consumables; and the geopolitical and regulatory climate in British Columbia. However, such statements involve known and unknown risks and uncertainties which may cause actual results to differ materially. These risks include but are not limited to inaccurate estimation of mineral resources; volatility in metal prices; the results of future exploration and development activities; liquidity and financing risks; failure to obtain necessary permits; geotechnical conditions; and changes in applicable mining laws. The PEA is preliminary in nature and includes Inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. Except as required by law, the Company undertakes no obligation to update or revise forward-looking information as conditions change. Non-GAAP Financial Measures The Company has included certain performance measures in this news release that are not specified, defined, or determined under Generally Accepted Accounting Principles (GAAP). These non-GAAP measures are common in the mining industry but do not have standardized definitions and may not be comparable to similar measures presented by other issuers. Readers should not consider these measures in isolation or as a substitute for performance measures prepared in accordance with GAAP. Total Cash Costs: The Company calculates total cash costs as the sum of mining, processing, refining and transport, G&A, and royalty costs. Cash costs per unit are calculated by dividing the total cash costs by the payable Copper Equivalent (CuEq) units. All-In Sustaining Cost: AISC is a non-GAAP financial measure comprising of total cash costs, sustaining capital expenditures to support ongoing operations, and closure costs. AISC per unit is calculated by dividing the total all-in sustaining costs by the payable CuEq units. Sustaining Capital: This is a supplementary financial measure reflecting cash-basis expenditures expected to maintain operations and sustain production levels over the life of the mine. About Doubleview Gold Corp. Doubleview Gold Corp., a mineral resource exploration and development company based in Vancouver, British Columbia, Canada, is publicly traded on the TSX Venture Exchange [TSX-V: DBG], the OTCQB [DBLVF], the Berlin Stock Exchange [GER: A1W038], and the Frankfurt Stock Exchange [1D4]. Doubleview identifies, acquires, and finances precious and basemetal exploration projects in North America, particularly in British Columbia. The Company increases shareholder value through the acquisition and exploration of quality gold, copper, cobalt, scandium, and silver properties-collectively critical minerals-and through the application of advanced, state-of-the-art exploration methods. Doubleview's portfolio of strategic properties provides diversification and mitigates investment risk. About Mineit Consulting Inc. Mineit Consulting Inc. (Mineit) is an independent mining engineering consulting company providing specialized expertise in project management, geological modelling, Mineral Resource estimation, mining engineering, metallurgical, and process engineering. Mineit lead and prepared the Hat Project MRE and PEA, with assistance from other engineering firms, for the Hat Project in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards on Mineral Resources and Reserves. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the Mineral Resource Estimate and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise. [1] Early metallurgical testwork comprised metallurgical characterization studies under standard laboratory condition to demonstrate metals recoverability for inclusion in the estimate of Cu(eq). No attempt was made to optimize flotation conditions and more advanced flotation testwork was not undertaken. Consequently, the reported metallurgical recoveries are considered conservative and it's reasonable to expect improvement with further testwork. [2] Analyst consensus prices as of February 20, 2026: Au US$3.272/oz; Cu US$4.88/lb; Ag US$50.22/oz; Co US$19.57/lb; Sc2O3 US$1,500/kg. [3] Spot prices as of February 25, 2026: Au US$5,200/oz; Cu US$6.00/lb; Ag US$90.00/oz; Co US$25.50/lb; Sc2O3 US$1,500/kg. [4] CuEq calculations do not include scandium. [5] Scandium tonnages represent 12.5% of the mineralized material by category, reflecting the proportion of tailings expected to be processed through a dedicated scandium leach circuit under current metallurgical design constraints. Scandium oxide metal content has been calculated using the metallurgical recovery of 72% and conversion factor from Sc to Sc2O3 of 1.534. The full scandium content has not been taken into economic evaluation at this time, as current market pricing for scandium lacks sufficient transparency and firmness to support a reliable valuation. Additional scandium in future assessments is considerable upon receipt of binding purchase commitments that establish a defined price. Until such time, scandium reporting to tailings may be preserved for potential recovery when market conditions in North America or Europe provide clearer price visibility. [6] Scandium not used for CuEq calculation. [7] CuEq grade calculation assumes metal process of Copper US$4.80/lb, Gold US$3200/troy oz, Silver US$46/troy oz, Cobalt US$20/lb. The CuEq formula is: CuEq = [(((Ag × 46.0 × 0.68)/31.1035) + ((Au × 3200 × 0.89)/31.1035) + 0.0001 × (Co × 20.0 × 0.78 × 22.0462) + 0.0001 × (Cu × 4.8 × 22.0462 × 0.85))/(4.8 × 22.0462 × 0.85)]. [8] Hydrometallurgical and Scandium circuit to be constructed after production of copper concentrate starts. Recovery reported consider the complete processing circuit is operational. [9] Scandium tonnages represent 12.5% of the mineralized material by category, reflecting the proportion of tailings expected to be processed through a dedicated scandium leach circuit under current metallurgical design constraints [10] Processing cost of C$7.93/t-milled for up to concentrate production, and additional C$3.08/t-milled for hydrometallurgical and acid generation plant for Scandium processing. Energy price C$0.07/kWh assuming grid power. [11] Treatment cost to produce Scandium Oxide from the tailings, without considering acid cost (produced on site). [12] Free Cash Flow during production periods only. [13] Total life of mine Free Cash Flow, including initial capital costs and closure. [14] Capital cost estimate Infrastructure includes the required power infrastructure include the extension of the transmission line (~150 km), switching stations and mine main substations (~C$140 million). [15] Energy price C$0.07/kWh assuming grid power. [16] Free Cash Flow during production periods only. [17] Total life of mine Free Cash Flow, including initial capital costs and closure. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285945 Source: Doubleview Gold Corp. Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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2026-03-02 11:36
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Can Qualcomm's 6G Push With Ericsson Collaboration Fuel Its Shares? | stocknewsapi |
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Key Takeaways Qualcomm expands Ericsson partnership to prototype key 6G radio tech for 3GPP Release 20.Joint tests include a 400 MHz carrier and 6-8 GHz band for stronger cell-edge performance.AI-driven uplink demand tripling every five years as 6G nears commercialization. Qualcomm Incorporated (QCOM - Free Report) advanced its 6G efforts by expanding its partnership with Ericsson (ERIC - Free Report) to coordinate on key radio technologies and validate them through joint lab prototypes. The joint effort signals meaningful progress toward future 6G standards and commercialization.
The collaboration moved beyond concepts and built key physical-layer technologies in a prototype system, including a 400 MHz component carrier with 30 kHz subcarrier spacing for 3GPP Release 20. Initial work in the 6-8 GHz centimeter-wave band also shows potential for improved cell-edge performance with devices featuring four transmit-receive antennas. In addition to radio technology, both companies are also testing Artificial Intelligence (AI) and Augmented Reality (AR) experiences with new devices and stronger infrastructure to support AI-native 6G networks with improved uplink coverage and wide-area performance. The shift toward continuous, multi-device agentic AI workloads is driving higher demands for uplink capacity. Per Ericsson’s latest ConsumerLab report, daily use of agentic AI could reach 40% of consumers by 2030, with uplink data demand expected to triple every five years, highlighting the need for next-generation network performance. The partnership strengthens Qualcomm’s strategy to lead in modem, Radio Frequency and AI-connected edge technologies as the industry prepares for commercial 6G in the coming years. How Are Competitors Performing in the Emerging 6G Ecosystem?Qualcomm faces competition from Nokia Corporation (NOK - Free Report) and Broadcom, Inc. (AVGO - Free Report) . Nokia has strengthened its 6G push by investing in AI-driven network automation and restructuring its business to accelerate AI and 6G development. It is also working with industry partners and expanding research to help networks get ready for the expected 6G era around 2030. Nokia partnered with NVIDIA to develop AI-native Radio Access Network infrastructure. Broadcom is currently focusing on AI networking, custom silicon, and advanced connectivity chips that could support future 6G infrastructure. Its recent work in high-speed optical, data-center interconnect, and AI chips positions it as an important contributor to next-generation networks. The company recently boosted its 6G positioning by launching the BroadPeak radio chip, designed for next-generation 5G Advanced and early 6G base station deployments. QCOM’s Price Performance, Valuation and EstimatesQualcomm shares have lost 7.4% over the past year against the industry’s growth of 65.1%. Image Source: Zacks Investment Research Going by the price/earnings ratio, the company's shares currently trade at 12.63 forward earnings, lower than 31.3 for the industry. Image Source: Zacks Investment Research Earnings estimates for fiscal 2026 have declined 7.5% to $11.18 over the past 60 days, while those for fiscal 2027 have also decreased 8.8% to $11.41. Image Source: Zacks Investment Research |
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Gold Mining ETF (RING) Hits New 52-Week High | stocknewsapi |
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For investors seeking momentum, iShares MSCI Global Gold Miners ETF (RING - Free Report) is probably on the radar. The fund just hit a 52-week high and is up 211.77% from its 52-week low price of $31.95/share.
But are there more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed: RING in FocusThe underlying MSCI ACWI Select Gold Miners Investable Market Index measures the equity performance of comapnies in both developed & emerging markets that derive the majority of their revenues from gold mining. The product charges 39 bps in annual fees (See: All Materials ETFs). Why the Move?Gold has been an area to watch lately. Rising geopolitical tensions in the Middle East, after the United States and Israel carried out strikes on Iran, followed by Iran’s wide-scale retaliation against U.S. allies and assets across the Persian Gulf, have boosted safe-haven demand and pushed investors toward gold. More Gains Ahead?RING might continue its strong performance in the near term, with a positive weighted alpha of 211 (as per Barchart.com), which gives cues of a further rally. |
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Qiagen N.V. (QGEN) Presents at TD Cowen 46th Annual Health Care Conference Transcript | stocknewsapi |
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Qiagen N.V. (QGEN) TD Cowen 46th Annual Health Care Conference March 2, 2026 9:10 AM EST
Company Participants Thierry Bernard - CEO, MD & Member of Management Board Conference Call Participants Daniel Brennan - TD Cowen, Research Division Presentation Daniel Brennan TD Cowen, Research Division Welcome. Good morning. Dan Brennan from TD Cowen Tools and Diagnostics team. Pleased to be joining here, kicking off the 46th Annual TD Cowen Healthcare Conference, CEO of QIAGEN, Thierry Bernard. So Thierry, thank you for being here, and welcome. Thierry Bernard CEO, MD & Member of Management Board Thank you. Daniel Brennan TD Cowen, Research Division So listen, you've been at the helm around 6 years, Thierry. Thierry Bernard CEO, MD & Member of Management Board A bit more. Daniel Brennan TD Cowen, Research Division A bit more than that. Thierry Bernard CEO, MD & Member of Management Board Close to 7, yes. Question-and-Answer Session Daniel Brennan TD Cowen, Research Division Close to 7. I'll blame that on Tom who wrote the question. So maybe just speak through -- I've gotten to know you, I knew Peer before you. Just what are some of the ways that you've shaped QIAGEN? And what do you consider to be some of the most attractive features of the profile today? Thierry Bernard CEO, MD & Member of Management Board First of all, thanks for having us. I think the most -- the main highlight of the last 7 years, I believe, is twofold. One is this is a very focused company. As a reminder, and it's not the first time I'm saying this, we are a mid-cap. And therefore, as a mid-cap, we need to make sure we invest where we can take between the #1 and the #3 position on the market. And this is what we have achieved. I |
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Motorola Solutions, Inc. (MSI) Presents at 47th Annual Raymond James Institutional Investor Conference Transcript | stocknewsapi |
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Motorola Solutions, Inc. (MSI) 47th Annual Raymond James Institutional Investor Conference March 2, 2026 9:50 AM EST
Company Participants Gregory Brown - Chairman & CEO Conference Call Participants Adam Tindle - Raymond James & Associates, Inc., Research Division Presentation Adam Tindle Raymond James & Associates, Inc., Research Division Okay. As we're getting settled in, I'll just start with the introductions here. Thanks, everybody, for joining. My name is Adam Tindle, and this is part of my connected devices coverage here at Raymond James. Thrilled to have the team from Motorola Solutions. They've been a long-time participant in the conference. And this year, we have the special privilege of having Greg Brown, Chairman and CEO. In terms of our format, just going to do a casual fireside chat. I would love to keep it interactive. If you do have questions, please feel free to raise your hand. I structured this fireside chat to give you a little bit better view of Greg's philosophy around capital allocation and the company's philosophy around capital allocation in particular. So we'll go through some historical examples because I think it's really important just to understand sort of the overall psyche that goes into making Motorola what it is today. For those of you not as familiar with the metrics on the company, Vicki and Brian have done a great job of just giving you a summary slide of how the business breaks out that you can see up here. And of course, if you need models or anything like that, I'm happy to provide those. So with that, Greg, thanks again for joining. Gregory Brown Chairman & CEO Sure. Thanks for having me. Question-and-Answer Session Adam Tindle Raymond James & Associates, Inc., Research Division Would love to start at a high level with your philosophy |
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Bioxytran, Inc. Reports Positive Phase 1b/2a Clinical Study Results for ProLectin-M, a Broad-Range Antiviral Drug in Mild to Moderate COVID-19 | stocknewsapi |
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BOSTON, MA / ACCESS Newswire / March 2, 2026 / Bioxytran, Inc. (OTCQB:BIXT), a clinical-stage biotechnology company developing carbohydrate-based therapeutics, today announced results from a randomized, double-blind, placebo-controlled Phase 1b/2a clinical study evaluating oral ProLectin-M in hospitalized patients with mild to moderate COVID-19 caused by SARS-CoV-2. The study showed that the highest evaluated dose of ProLectin-M (16,800 mg/day) was associated with statistically significant earlier viral clearance and faster clinical improvement by Day 5 compared with placebo, while demonstrating a favorable safety and tolerability profile.
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Scandium Canada Secures Federal Government Support of up to $6.9m for its Crater Lake Project | stocknewsapi |
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Scandium Canada is proud to advance Canada's leadership in critical minerals on the world stage with North America’s largest primary source of scandium and proprietary aluminum-scandium (Al-Sc) alloys
March 2, 2026 – TheNewswire - MONTREAL, QUEBEC – Scandium Canada Ltd. (TSX-V: SCD) (the “Company”) is pleased to announce that it has signed a non-refundable contribution agreement of up to $6,915,478 under Natural Resources Canada’s Global Partnerships Initiative ("GPI") for the Company's Crater Lake scandium and rare earth elements project in Québec and its proprietary Al-Sc alloys. The agreement was announced at the world's premier mining convention, PDAC 2026, by The Honourable Tim Hodgson, Minister of Energy and Natural Resources, and Guy Bourassa, Chief Executive Officer of Scandium Canada, marking a defining moment for the G7 Critical Minerals Production Alliance, led by Canada on the global stage. This federal support reflects the exceptional strategic value of the Crater Lake project, its proprietary Al-Sc alloys and the strength of the Company's scientific expertise and international partnerships. The GPI contribution represents 69% of the project costs presented and will be used to scale up the company’s patent-pending processes for the beneficiation, extraction, and purification of scandium and rare earth elements (REEs) through mineral processing test work and by progressing to FEL-3 engineering standards, completing detailed design and specifications, and developing a comprehensive cost estimate and execution schedule. Additionally, the project will carry out applied research with end users to optimize aluminium-scandium alloys products. International partnerships This federal support unlocks immediate value for the Company's strategic partners, without waiting for the Crater Lake mine to reach full production, through its Scandium+ division: Gränges Powder Metallurgy ("GPM"): Further to the Memorandum of Understanding signed with Gränges Powder Metallurgy ("GPM") in November 2025, Scandium Canada continues to advance the integration of its proprietary scandium-modified AA535 and AA7075 alloys into GPM's product offering without waiting for the Crater Lake mine to reach full production. GPM, a wholly owned subsidiary of the global aluminum technology company Gränges Group, is a global supplier of spray-formed aluminum products and aluminum powders for additive manufacturing, and this collaboration brings to the world stage a compelling technological breakthrough in high-performance, scandium-enhanced alloys. A second partner stands to benefit directly from Scandium Canada's specialized metallurgical knowledge for the recovery of scandium from polymetallic deposits. Scandium, being notoriously difficult to separate and purify from co-occurring nickel and cobalt mineralization, is a challenge that Scandium Canada's team is uniquely positioned to solve. This collaboration extends the reach of Canadian scientific expertise into international mining operations, creating value for both parties well ahead of Crater Lake's production timeline. Finally, a third partner represents a natural strategic fit as Scandium Canada advances toward production. Both organizations share a commitment to building resilient, non-Chinese supply chains for critical minerals, and this partnership lays the groundwork for deeper collaboration as the Crater Lake project matures. "It is a privilege to be among the few Canadian companies selected under the GPI, a recognition that speaks directly to the strategic importance of Crater Lake as North America's largest primary source of scandium as well as our important developments of Al-Sc alloys amenable to 3D printing and advanced manufacturing in particular. NRCan's support is a crucial milestone that provides non-dilutive funding through 2028, allowing our team to focus entirely on execution.” declared Guy Bourassa, Chief Executive Officer, Scandium Canada. “Together with our international partners, we will accelerate the development of Crater Lake while continuing to advance our Scandium+ alloy commercialization efforts, demonstrating to the world that Canada is a reliable, world-class supplier of the critical materials our allies can depend on, supported by highly competent technical people." “Canada and our partners are putting real capital behind the secure and sustainable critical mineral supply chains that our economies and defence industries rely on,” said the Honourable Tim Hodgson, Minister of Energy and Natural Resources. “By working with companies like Scandium Canada, we are helping deliver the minerals the world needs and the prosperity and security Canadians deserve.” ABOUT THE GLOBAL PARTNERSHIPS INITIATIVE The Global Partnerships Initiative is a Natural Resources Canada program designed to support the development of critical minerals projects in Canada. The GPI program aims to strengthen domestic supply chains and advance Canada's position as a reliable supplier of critical minerals to global markets, particularly to allied nations seeking to reduce dependency on foreign sources. ABOUT SCANDIUM CANADA LTD. Scandium Canada (TSX-V: SCD) is a public company whose ultimate goal is to bring the world's leading primary source of scandium into production, enabling the development and commercialization of aluminum-scandium (Al-Sc) alloys. The Corporation is leveraging its Al-Sc alloy development subsidiary and the development of its Crater Lake mining project to meet the growing need for lighter, greener, longer-lasting, high-performance materials. The Corporation aims to become a market leader in scandium, while committing itself to building a more responsible economy through innovation and agility. FORWARD-LOOKING STATEMENTS All statements in this press release including the paragraph “About Scandium Canada Ltd.” above, which essentially describes the Company's prospects, constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws and are based on expectations, estimates, and projections made as of the date of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These estimates and assumptions may prove to be incorrect. Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements and future events, could differ materially from those anticipated in such statements. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Corporation’s disclosure documents on the SEDAR+ website at www.sedarplus.ca. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. Forward-looking statements are provided for the purpose of providing information about management’s endeavors to develop the Crater Lake project, and, more generally, its expectations and plans relating to the future. Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important risk factors and future events could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and those made in our other filings with the securities regulators of Canada. The Corporation disclaims any intention or obligation to update or revise any forward-looking statement or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For additional information, please contact : Scandium Canada Ltd. Guy Bourassa Chief Executive Officer Phone: +1 (418) 580-2320 Email: [email protected] Website: www.scandium-canada.com LinkedIn: Scandium Canada Ltd. X: @ScandiumCanada Facebook: Scandium Canada Instagram: @scandiumcanada |
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SPY: The Market Has Entered A Wait-And-See Phase | stocknewsapi |
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HomeMarket OutlookToday's Market
SummaryState Street SPDR S&P 500 ETF Trust remains flat YTD despite strong S&P 500 fundamentals.Investor sentiment has shifted defensively from mega-cap tech to value stocks.Massive hyperscaler CapEx guidance has weighed on SPY.AI-driven software disruption and agent workflows have triggered a steep 20% YTD rerating in the Software & Services industry, adding to the current market uncertainty. panida wijitpanya/iStock via Getty Images The State Street SPDR S&P 500 ETF Trust (SPY) has been losing steam lately, with its 50DMA flattening in 2026. Over the recent months, it has been modestly trending up, and volatility has been declining (narrowing Bollinger bands 1.09K Followers Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. |
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Tesla Hits 8.4B FSD Miles: Is Unsupervised Autonomy Within Reach? | stocknewsapi |
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Key Takeaways Tesla's FSD (Supervised) surpasses 8.4B cumulative miles driven worldwide.TSLA nears Musk's 10B-mile goal, seen as key for safe unsupervised autonomy at scale.Tesla begins supervised FSD testing in Abu Dhabi under official regulatory oversight. Tesla’s (TSLA - Free Report) Full Self-Driving (“FSD”) (Supervised) system has crossed 8.4 billion cumulative miles driven, per TSLA’s official safety page. Tesla has consistently stressed that extensive real-world driving data is critical to refining its neural-network-based autonomous driving technology. Every mile driven with FSD (Supervised) activated provides more edge cases and real-world scenarios that help train and improve the system.
The achievement also moves Tesla nearer to a target earlier highlighted by CEO Elon Musk. Around 10 billion miles of training data could be required to enable safe, unsupervised self-driving at scale, pointing to the long tail of uncommon yet complex driving scenarios that must be mastered through real-world experience, per Musk. The growth in cumulative miles has accelerated sharply over the past few years. The total rose from roughly six million miles in 2021 to 80 million in 2022, then climbed to 670 million in 2023. Momentum increased further with 2.25 billion miles logged in 2024 and 4.25 billion in 2025. Tesla owners have already added around 1 billion miles using the system within the first 50 days of the year. At the current pace, the fleet is moving closer to hitting the 10-billion-mile mark this year, per Teslarati. Alongside this milestone, Tesla has begun supervised FSD testing in Abu Dhabi under the supervision of the Integrated Transport Centre, expanding its global testing efforts. The initiative represents the emirate’s first official testing framework for Tesla’s supervised autonomous driving system. Trials of FSD (Supervised) are being carried out with backing from the Smart and Autonomous Systems Council and in collaboration with the Legislation Lab at the General Secretariat of the UAE Cabinet. Competitive ContextWaymo, the autonomous driving subsidiary of Alphabet Inc. (GOOGL - Free Report) , has built its 6th-generation Waymo Driver on seven years of safety-proven service, accumulating nearly 200 million fully autonomous miles. These miles were driven across the dense urban cores of more than 10 major cities and an expanding freeway network. Operating the only fully autonomous service at this scale has shown GOOGL’s Waymo that safe AI depends on resilient inputs. That’s why the GOOGL’s Waymo Driver uses a custom, multi-modal sensor suite, cameras, imaging radar, and lidar working together, to handle rare, one-in-a-million driving events with confidence. Last October,General Motors (GM - Free Report) announced plans to introduce “eyes-off” hands-free driving technology starting in 2028, debuting on the Cadillac Escalade IQ electric SUV. General Motors has mapped 600,000 miles of hands-free driving routes across North America, while customers have logged 700 million miles using Super Cruise without any reported crashes attributed to the system. In addition, technologies and validation processes developed through GM’s Cruise contribute more than five million miles of fully driverless experience. However, these mileage figures are not directly comparable, as Tesla represents supervised driving with an attentive driver, Waymo reflects fully driverless operations, and GM covers hands-free systems that still require driver oversight. The Zacks Rundown on TSLA StockShares of TSLA have gained 20.5% in the past six months compared with the industry’s growth of 29.4%. Image Source: Zacks Investment Research From a valuation standpoint, TSLA trades at a forward price-to-sales ratio of 14.41, above the industry and its own five-year average. It carries a Value Score of F. Image Source: Zacks Investment Research See how the Zacks Consensus Estimate for TSLA’s earnings has been revised over the past 90 days. Image Source: Zacks Investment Research Tesla stock currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. |
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3 Oil Pipeline Stocks Capitalizing on Solid Industry Fundamentals | stocknewsapi |
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The oil and gas pipeline players have billions of dollars in key capital projects that could generate incremental cash flows. Also, rising clean energy demand from the data centers is brightening the prospects for natural gas transportation companies, enhancing the Zacks Oil and Gas - Production and Pipelines industry’s outlook.
The companies belonging to the industry are also benefiting from stable fee-based revenues, since most of the contracts are for the long term. Key players in this industry include Enbridge Inc. (ENB - Free Report) ,Kinder Morgan, Inc. (KMI - Free Report) and The Williams Companies Inc. (WMB - Free Report) . About the Industry The Zacks Oil and Gas - Production and Pipelines industry comprises companies that own and operate midstream energy infrastructure assets. The properties consist of extensive pipeline networks that transport crude oil, liquids and natural gas. The midstream energy players are also involved in the processing and storing of natural gas. The companies have interests in natural gas distribution utilities, serving millions of retail customers across North America. Some companies are ramping up investments in renewable energy and power transmission businesses. The firms invested in wind farms, solar energy operations, geothermal projects and hydroelectric facilities. Thus, with a diversified portfolio of renewable energy projects, the firms have room to generate extra cash flows in addition to stable fee-based revenues from transportation assets. What's Shaping the Future of Oil & Gas - Production & Pipelines Industry? Stable Cash Flow Generations: The midstream assets are usually booked by shippers for the long term, thereby generating stable cash flows. The long-term contracts are mostly take-or-pay contracts, meaning shippers have to pay a minimum amount even if they don’t utilize the midstream assets. Thus, cash flow generations are highly predictable, suggesting that the business model is not very vulnerable to volatility in oil and natural gas prices. Rising Demand From Data Centers: The natural gas transportation companies, belonging to the industry, are well-positioned to gain from the growing clean energy demand from data centers. This is because, employing their pipeline networks, the midstream companies can transport natural gas to gas-fired power plants, which will provide electricity to the data centers. Growth Capital Pipeline: Companies in the industry are expected to generate incremental cash flow from billions of dollars in key capital projects that are either in service or set to come online. Zacks Industry Rank Indicates Bright Prospects The Zacks Oil and Gas - Production and Pipelines is a 10-stock group within the broader Zacks Oil - Energy sector. The industry currently carries a Zacks Industry Rank #87, which places it in the top 36% of more than 250 Zacks industries. The group’s Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates solid near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. With the prospects remaining favorable, we present a few stocks that investors can retain or keep an eye on, given their solid potential. But before that, let us take a look at the industry’s recent stock market performance and its current valuation. Industry Outperforms S&P 500, Lags Sector The Zacks Oil and Gas - Production and Pipelines industry has outperformed the Zacks S&P 500 Composite, but lags the broader Zacks Oil - Energy sector over the past year. The industry has jumped 22.2% over this period compared with the 20.6% rise of the S&P 500 and 31.9% surge of the broader sector. One-Year Price Performance Industry's Current Valuation Based on the trailing 12-month enterprise value-to-EBITDA (EV/EBITDA), a commonly used multiple for valuing oil and gas production and pipeline stocks, the industry is currently trading at 14.66X, lower than the S&P 500’s 17.91X. It is, however, above the sector’s trailing 12-month EV/EBITDA of 6.45X. Over the past five years, the industry has traded as high as 14.85X, as low as 11.19X and at a median of 12.87X. Trailing 12-Month Enterprise Value-to-EBITDA (EV/EBITDA) Ratio 3 Oil & Gas Pipeline Stocks Well Poised to Gain Kinder Morgan: The company is a North American midstream energy major, deriving stable fee-based revenues. KMI has a strong growth potential from growing liquefied natural gas (LNG) demand across the globe. This is because Kinder Morgan, carrying a Zacks Rank #3 (Hold), is responsible for transporting almost 40% of the natural gas that is being supplied to the LNG export facilities of the United States. Price and Consensus: KMI Enbridge: The midstream giant’s business model has very low exposure to oil and natural gas price volatility, making its cash flow generation highly predictable. ENB, with a Zacks Rank of 3, stated that a significant proportion of its earnings from core operations is generated from either long-term contracts with guaranteed minimum payments or midstream networks with regulated cash flows. Unlike upstream energy companies, Enbridge’s operations are immune to price volatility to a great extent. Thus, cash flow generation from ENB’s midstream activities is highly predictable. Price and Consensus: ENB The Williams Companies: The company is also a leading midstream player, well-positioned to capitalize on increasing clean energy demand. This is because WMB has a massive network of natural gas transportation pipelines that transport roughly 33% of the total natural gas used in the United States. With a Zacks Rank of 3 at present, The Williams Companies also serves the rising power demand from the expanding data centers. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Price and Consensus: WMB |
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MRVL to Post Q4 Earnings: Should You Buy, Sell or Hold the Stock? | stocknewsapi |
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Marvell Technology heads into Q4 earnings with AI data center momentum, but softer guidance, rising competition and customer risks cloud the near-term outlook.
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Gold loses altitude, silver down sharply as USDX rallies, risk aversion somewhat abates | stocknewsapi |
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Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York. As a journalist, he has covered every futures market traded in the U.S., at one time or another.
Jim is the proprietor of the "Jim Wyckoff on the Markets" analytical, educational and trading advisory service. Jim also worked as a technical analyst for Dow Jones Newswires and as the senior market analyst with TraderPlanet.com. Jim is also a consultant with the highly respected "Pro Farmer" agricultural advisory service. Jim was also the head equities analyst at CapitalistEdge.com. He received his degree from Iowa State University in Ames, Iowa, where he studied journalism and economics. Follow Jim daily on Kitco.com as he provides both AM and PM roundups and a daily Technical Special. 1 877 963-NEWS jwyckoff at kitco.com |
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CRWV Alert: Hagens Berman Analyzes CoreWeave (CRWV) $452M Q4 Loss and Soft Guidance Amid Ongoing Securities Fraud Litigation | stocknewsapi |
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SAN FRANCISCO, March 02, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman provides an update to investors in CoreWeave, Inc. (NASDAQ: CRWV) following the company’s dismal fourth-quarter 2025 financial results. The news follows allegations that the company concealed operational failures, as pled in a recently filed securities class action.
Hagens Berman is investigating the alleged claims in the pending suit. The firm urges investors who suffered substantial losses to: SUBMIT YOUR LOSSES NOW On February 26, 2026, CoreWeave reported a Q4 net loss of $452 million, or $0.89 per share—a staggering figure that nearly doubled the $0.49 loss per share anticipated by Wall Street analysts. Compounding the miss, CoreWeave issued a soft Q1 2026 revenue guidance of $1.9 billion to $2.0 billion, falling significantly short of the $2.3 billion consensus. On this news, CRWV shares plunged nearly 20%. The disappointing Q4 results come after the filing of a securities class action suit against CoreWeave and certain of its executives arising from the company’s inability to scale its high-performance computing (HPC) clusters at the pace allegedly promised. “We are investigating whether the company overstated scaling capabilities and hid critical delays,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation of the pending claims. View our latest video summary of the allegations: youtube.com/watch?v=rWaDX1uGyJs The CoreWeave, Inc. (CRWV) Securities Class Action The pending securities class action, Masaitis v. CoreWeave, Inc., et al., No. 2:26-cv-00355, filed in the U.S. District Court for the District of New Jersey, seeks to recover losses for investors who acquired CoreWeave securities between March 28, 2025, and December 15, 2025 (the “Class Period”). The complaint alleges that CoreWeave and its executives violated the Securities Exchange Act of 1934 by: Overstating Scaling Capabilities: Allegedly misrepresenting the company's ability to satisfy "unprecedented" demand for its NVIDIA-powered AI cloud.Concealing Critical Delays: Failing to disclose that the Denton, Texas data center cluster—intended to service OpenAI—was months behind schedule due to weather and design plan revisions.Single-Supplier Dependency: Understating the operational and financial risks of its heavy reliance on a single third-party data center developer.Share Price Erosion: Since these infrastructure failures began to surface in late 2025, CoreWeave’s stock has faced severe downward pressure, further exacerbated by the latest Q4 earnings shock. Critical Deadline: March 13, 2026 If you purchased CoreWeave common stock during the Class Period (Mar. 28, 2025 – Dec. 15, 2025) and suffered substantial losses, you have until March 13, 2026, to ask the Court to appoint you as Lead Plaintiff. TO SUBMIT YOUR COREWEAVE (CRWV) INVESTMENT LOSSES NOW, PLEASE USE THE SECURE FORM BELOW: Report your CRWV Investment Losses to Hagens Berman NowContact: Reed Kathrein at 844-916-0895 or email [email protected] If you’d like more information and answers to frequently asked questions about the CoreWeave case and our investigation, read more » Whistleblowers: Persons with non-public information regarding CoreWeave should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected]. About Hagens Berman Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. Contact: Reed Kathrein, 844-916-0895 |
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Is Cirrus Logic (CRUS) Stock Outpacing Its Computer and Technology Peers This Year? | stocknewsapi |
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Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Cirrus Logic (CRUS - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Cirrus Logic is a member of our Computer and Technology group, which includes 608 different companies and currently sits at #5 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Cirrus Logic is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past three months, the Zacks Consensus Estimate for CRUS' full-year earnings has moved 17.8% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. Based on the latest available data, CRUS has gained about 19.1% so far this year. In comparison, Computer and Technology companies have returned an average of -2.3%. This means that Cirrus Logic is outperforming the sector as a whole this year. One other Computer and Technology stock that has outperformed the sector so far this year is KE Holdings Inc. Sponsored ADR (BEKE - Free Report) . The stock is up 4.4% year-to-date. For KE Holdings Inc. Sponsored ADR, the consensus EPS estimate for the current year has increased 1% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, Cirrus Logic is a member of the Electronics - Semiconductors industry, which includes 47 individual companies and currently sits at #80 in the Zacks Industry Rank. This group has gained an average of 3.6% so far this year, so CRUS is performing better in this area. On the other hand, KE Holdings Inc. Sponsored ADR belongs to the Internet - Services industry. This 32-stock industry is currently ranked #179. The industry has moved -1.8% year to date. Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Cirrus Logic and KE Holdings Inc. Sponsored ADR as they could maintain their solid performance. |
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Here's Why Merit Medical (MMSI) is a Strong Value Stock | stocknewsapi |
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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time. Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio. #1 (Strong Buy) stocks have produced an unmatched +23.86% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day. This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio. That's where the Style Scores come in. To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible. As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Merit Medical (MMSI - Free Report) South Jordan, UT-headquartered Merit Medical Systems, Inc. provides various peripheral and cardiac intervention products to cure cardiac conditions specific to interventional cardiology and electrophysiology. MMSI is a #2 (Buy) on the Zacks Rank, with a VGM Score of A. It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 19.05; value investors should take notice. For fiscal 2026, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.05 to $4.05 per share. MMSI boasts an average earnings surprise of +13.2%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, MMSI should be on investors' short list. |
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Is United Fire Group (UFCS) a Great Value Stock Right Now? | stocknewsapi |
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today. One company to watch right now is United Fire Group (UFCS - Free Report) . UFCS is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 10.16 right now. For comparison, its industry sports an average P/E of 27.14. Over the past year, UFCS's Forward P/E has been as high as 20.43 and as low as 9.98, with a median of 11.30. We should also highlight that UFCS has a P/B ratio of 0.94. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.49. Within the past 52 weeks, UFCS's P/B has been as high as 1.02 and as low as 0.62, with a median of 0.87. Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. UFCS has a P/S ratio of 0.72. This compares to its industry's average P/S of 1.35. Finally, investors should note that UFCS has a P/CF ratio of 7.83. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 12.51. UFCS's P/CF has been as high as 13.42 and as low as 6.53, with a median of 9.51, all within the past year. These are just a handful of the figures considered in United Fire Group's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that UFCS is an impressive value stock right now. |
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Tesla stock slips despite growing market share in Europe | stocknewsapi |
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Tesla (NASDAQ: TSLA) shares were down 1.5% at the time of writing on Monday, March 2, trading at $398.12 even as the company showed signs of stabilization overseas.
More specifically, the electric vehicle (EV) deliveries surged in major European markets, suggesting a gradual rebound despite ongoing industry pressures, as the most recent data first reported by Reuters suggested. France recorded a robust 55% increase, while Norway posted 32% growth, potentially driven by refreshed Model Y demand and the easing of local subsidy cuts. By contrast, in Denmark, Tesla registrations fell 18% year-over-year to 419 vehicles. Tesla rebounds in Europe The latest data thus confirms that Tesla regained the top spot in Norway’s auto market in February. As EVs accounted for more than 98% of new registrations, this is a significant tailwind. What’s more, the recovery follows a sharp 75% drop in January, when VAT hikes pulled forward late-2025 purchases. The Model Y in particular staged a strong comeback, reclaiming the country’s best-selling vehicle title with 1,073 registrations (roughly 14.8% market share). Elon Musk’s company thus remains mostly driven by its execution in autonomy, robotaxis, and energy storage. Indeed, the company posted solid fourth-quarter 2025 results on January 28, 2026, reporting revenue of $24.90 billion and adjusted earnings per share of $0.50, above consensus estimates of $0.45. Full-year deliveries and energy deployments reinforce an optimistic outlook, especially as the company continues to emphasize its involvement in artificial intelligence (AI) infrastructure, Optimus humanoid robotics, and energy storage, which helps broaden its long-term strategy beyond vehicle manufacturing. Still, geopolitical uncertainty in Iran adds a noticeable layer of uncertainty. That is, while sustained oil price spikes could structurally favor EV adoption, near-term market jitters can weigh on high-multiple growth stocks. Featured image via Shutterstock |
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Is MasTec (MTZ) Stock Outpacing Its Construction Peers This Year? | stocknewsapi |
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The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. MasTec (MTZ - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
MasTec is one of 92 individual stocks in the Construction sector. Collectively, these companies sit at #16 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. MasTec is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for MTZ's full-year earnings has moved 1.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Our latest available data shows that MTZ has returned about 37.1% since the start of the calendar year. Meanwhile, stocks in the Construction group have gained about 15.1% on average. This means that MasTec is performing better than its sector in terms of year-to-date returns. One other Construction stock that has outperformed the sector so far this year is Construction Partners (ROAD - Free Report) . The stock is up 23.8% year-to-date. The consensus estimate for Construction Partners' current year EPS has increased 2.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Breaking things down more, MasTec is a member of the Building Products - Heavy Construction industry, which includes 9 individual companies and currently sits at #153 in the Zacks Industry Rank. Stocks in this group have gained about 23.8% so far this year, so MTZ is performing better this group in terms of year-to-date returns. In contrast, Construction Partners falls under the Building Products - Miscellaneous industry. Currently, this industry has 34 stocks and is ranked #179. Since the beginning of the year, the industry has moved +7.6%. Investors with an interest in Construction stocks should continue to track MasTec and Construction Partners. These stocks will be looking to continue their solid performance. |
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Here's Why Leidos (LDOS) is a Strong Value Stock | stocknewsapi |
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks. Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.86% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible. The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank. A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Leidos (LDOS - Free Report) Founded in 1969, Delaware-based Leidos Holdings, Inc. is a global science and technology leader that serves the defense, intelligence, civil and health markets. Its core capabilities include providing solutions in the fields of cybersecurity; data analytics; enterprise IT modernization; operations and logistics; sensors, collection and phenomenology; software development; and systems engineering. LDOS is a #3 (Hold) on the Zacks Rank, with a VGM Score of B. It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 14.17; value investors should take notice. For fiscal 2026, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $12.36 per share. LDOS boasts an average earnings surprise of +16.6%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, LDOS should be on investors' short list. |
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2026-03-02 15:44
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2026-03-02 10:41
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Should Value Investors Buy Ping An Insurance Co. of China (PNGAY) Stock? | stocknewsapi |
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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today. One company to watch right now is Ping An Insurance Co. of China (PNGAY - Free Report) . PNGAY is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock is trading with a P/E ratio of 6.33, which compares to its industry's average of 8.71. PNGAY's Forward P/E has been as high as 7.81 and as low as 4.52, with a median of 5.81, all within the past year. Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. PNGAY has a P/S ratio of 0.97. This compares to its industry's average P/S of 1.05. These figures are just a handful of the metrics value investors tend to look at, but they help show that Ping An Insurance Co. of China is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, PNGAY feels like a great value stock at the moment. |
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2026-03-02 10:41
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Here's Why Centene (CNC) is a Strong Value Stock | stocknewsapi |
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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks. VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.86% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Centene (CNC - Free Report) Centene Corporation is a well-diversified healthcare company that primarily provides a set of services to the government sponsored healthcare programs. The company serves the under-insured and uninsured individuals through member-focused services. It is also engaged in providing education and outreach programs to inform and assist members in accessing quality, appropriate healthcare services. CNC is a #3 (Hold) on the Zacks Rank, with a VGM Score of A. It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 15; value investors should take notice. Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.05 to $2.99 per share. CNC boasts an average earnings surprise of +60.6%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, CNC should be on investors' short list. |
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2026-03-02 15:44
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Are Finance Stocks Lagging Atlantic Union Bankshares (AUB) This Year? | stocknewsapi |
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Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Atlantic Union (AUB - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Atlantic Union is one of 850 companies in the Finance group. The Finance group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst. The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Atlantic Union is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for AUB's full-year earnings has moved 4.3% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving. According to our latest data, AUB has moved about 5% on a year-to-date basis. Meanwhile, stocks in the Finance group have lost about 0.3% on average. As we can see, Atlantic Union is performing better than its sector in the calendar year. Another Finance stock, which has outperformed the sector so far this year, is Interactive Brokers Group, Inc. (IBKR - Free Report) . The stock has returned 10.7% year-to-date. Over the past three months, Interactive Brokers Group, Inc.'s consensus EPS estimate for the current year has increased 5.5%. The stock currently has a Zacks Rank #1 (Strong Buy). Looking more specifically, Atlantic Union belongs to the Banks - Northeast industry, a group that includes 74 individual stocks and currently sits at #36 in the Zacks Industry Rank. This group has gained an average of 5.5% so far this year, so AUB is slightly underperforming its industry in this area. In contrast, Interactive Brokers Group, Inc. falls under the Financial - Investment Bank industry. Currently, this industry has 21 stocks and is ranked #21. Since the beginning of the year, the industry has moved -7%. Investors interested in the Finance sector may want to keep a close eye on Atlantic Union and Interactive Brokers Group, Inc. as they attempt to continue their solid performance. |
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Are Investors Undervaluing Manulife Financial Corp (MFC) Right Now? | stocknewsapi |
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today. One company value investors might notice is Manulife Financial Corp (MFC - Free Report) . MFC is currently sporting a Zacks Rank #2 (Buy) and an A for Value. Another notable valuation metric for MFC is its P/B ratio of 1.67. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.87. Within the past 52 weeks, MFC's P/B has been as high as 1.75 and as low as 1.43, with a median of 1.62. Finally, investors should note that MFC has a P/CF ratio of 12.65. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 17.79. Over the past 52 weeks, MFC's P/CF has been as high as 16.32 and as low as 11.85, with a median of 12.92. Value investors will likely look at more than just these metrics, but the above data helps show that Manulife Financial Corp is likely undervalued currently. And when considering the strength of its earnings outlook, MFC sticks out as one of the market's strongest value stocks. |
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2026-03-02 15:44
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Why Exelixis (EXEL) is a Top Value Stock for the Long-Term | stocknewsapi |
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on. The Style Scores are broken down into four categories: Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks. Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates. VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.86% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible. As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy. A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Exelixis (EXEL - Free Report) Alameda, CA-based Exelixis, Inc. is an oncology-focused biotechnology company that primarily focuses on the discovery, development and commercialization of new drugs for the treatment of difficult-to-treat cancers. The company is leveraging its investments, expertise and strategic partnerships to target an expanding range of tumor types and indications with its clinically differentiated pipeline of small molecules, antibody-drug conjugates (ADCs) and other biotherapeutics. EXEL is a #3 (Hold) on the Zacks Rank, with a VGM Score of A. It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 12.98; value investors should take notice. Six analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.21 to $3.39 per share. EXEL also boasts an average earnings surprise of +25%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, EXEL should be on investors' short list. |
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2026-03-02 15:44
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2026-03-02 10:41
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Are Investors Undervaluing Encore Capital Group (ECPG) Right Now? | stocknewsapi |
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large. Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today. One company to watch right now is Encore Capital Group (ECPG - Free Report) . ECPG is currently holding a Zacks Rank #1 (Strong Buy) and a Value grade of A. The stock is trading with P/E ratio of 5.46 right now. For comparison, its industry sports an average P/E of 8.28. Over the past 52 weeks, ECPG's Forward P/E has been as high as 9.37 and as low as 4.14, with a median of 5.49. Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. ECPG has a P/S ratio of 0.83. This compares to its industry's average P/S of 1.21. These are just a handful of the figures considered in Encore Capital Group's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that ECPG is an impressive value stock right now. |
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Is Innovative Solutions and Support (ISSC) Outperforming Other Aerospace Stocks This Year? | stocknewsapi |
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The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Innovative Solutions and Support, Inc. (ISSC - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Innovative Solutions and Support, Inc. is a member of our Aerospace group, which includes 68 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Innovative Solutions and Support, Inc. is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for ISSC's full-year earnings has moved 10.7% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Based on the latest available data, ISSC has gained about 37% so far this year. Meanwhile, stocks in the Aerospace group have gained about 12.7% on average. This shows that Innovative Solutions and Support, Inc. is outperforming its peers so far this year. One other Aerospace stock that has outperformed the sector so far this year is Karman Holdings Inc. (KRMN - Free Report) . The stock is up 20.4% year-to-date. The consensus estimate for Karman Holdings Inc.'s current year EPS has increased 11.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy). To break things down more, Innovative Solutions and Support, Inc. belongs to the Aerospace - Defense Equipment industry, a group that includes 37 individual companies and currently sits at #49 in the Zacks Industry Rank. This group has gained an average of 12.7% so far this year, so ISSC is performing better in this area. Karman Holdings Inc. is also part of the same industry. Investors interested in the Aerospace sector may want to keep a close eye on Innovative Solutions and Support, Inc. and Karman Holdings Inc. as they attempt to continue their solid performance. |
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2026-03-02 15:44
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Here's Why Amdocs (DOX) is a Strong Value Stock | stocknewsapi |
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform. The Style Scores are broken down into four categories: Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks. Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth. Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks. VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum. How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier. Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.86% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day. But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from. That's where the Style Scores come in. To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible. Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Amdocs (DOX - Free Report) Amdocs Limited is one of the leading providers of customer care, billing and order management systems for communications and Internet services. DOX is a #3 (Hold) on the Zacks Rank, with a VGM Score of A. It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 9.38; value investors should take notice. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.02 to $7.44 per share. DOX boasts an average earnings surprise of +2.2%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, DOX should be on investors' short list. |
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Is Aura Minerals Inc. (AUGO) Outperforming Other Basic Materials Stocks This Year? | stocknewsapi |
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The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Aura Minerals (AUGO - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
Aura Minerals is one of 254 companies in the Basic Materials group. The Basic Materials group currently sits at #2 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Aura Minerals is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past three months, the Zacks Consensus Estimate for AUGO's full-year earnings has moved 73.5% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Our latest available data shows that AUGO has returned about 67.5% since the start of the calendar year. Meanwhile, stocks in the Basic Materials group have gained about 28% on average. As we can see, Aura Minerals is performing better than its sector in the calendar year. Agnico Eagle Mines (AEM - Free Report) is another Basic Materials stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 48.4%. The consensus estimate for Agnico Eagle Mines' current year EPS has increased 41% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). To break things down more, Aura Minerals belongs to the Mining - Miscellaneous industry, a group that includes 73 individual companies and currently sits at #43 in the Zacks Industry Rank. Stocks in this group have gained about 31.8% so far this year, so AUGO is performing better this group in terms of year-to-date returns. Agnico Eagle Mines, however, belongs to the Mining - Gold industry. Currently, this 43-stock industry is ranked #22. The industry has moved +34.1% so far this year. Going forward, investors interested in Basic Materials stocks should continue to pay close attention to Aura Minerals and Agnico Eagle Mines as they could maintain their solid performance. |
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