Infrastructure is a crucial foundation for any kind of society attempting to expand beyond a handful of individual, nearby homesteads in order to form a community.
Industrial demand is growing exponentially for silver and that could continue in the long-term horizon. With the heavier reliance on alternative energy sources like electricity, this can only lift the prospects for silver prices.
The valuation of the shares appears attractive due to the strong returns on capital, high dividend and strong balance sheet. Recent weak sales and profit development have returned the stock back to a level where investors could expect a good future return when the demand environment improves. The shares offer a dividend yield of 4.6% covered by earnings and free cash flow.
DiDi Global maintains a dominant market share in China's shared mobility market, despite a slight decline due to rising competition from aggregation platforms. DiDi's competitive edge includes high MAU, extensive geographical reach, numerous registered drivers, and a broad range of services, despite slightly higher pricing. DiDi's profitability is improving, with reduced reliance on incentives and recovery from regulatory challenges, signaling potential for healthier margins.
WiseTech Global said on Monday it has appointed Chris Charlton and Andrew Harrison as independent non-executive directors to its board, in a move to make its audit and risk committee compliant with exchange regulations.
Protesters gathered outside Tesla showrooms around the world on Saturday as part of a global day of action against billionaire chief executive Elon Musk. The protest is part of the Tesla Takedown movement — a grassroots campaign that calls for people to boycott Tesla, sell their shares and join local picket lines in a peaceful demonstration against Musk's influence
Remitly's digital-first approach and AI integration have driven significant growth in revenue, active customers, and operational efficiency, making it a compelling investment. The company has shown impressive international expansion, with 80% growth since 2020. Despite a competitive landscape and potential risks from cryptocurrency and policy changes, Remitly's strong execution and strategic positioning offer a promising outlook.
Goldman Sachs analyst Stephen Laszczyk on Thursday initiated coverage of the shares of Sphere Entertainment Co SPHR with a Buy rating and a price forecast of $42.00.
BNP Paribas's UK head of global banking Matthew Ponsonby has resigned from his positions, the bank said on Friday.
If you're interested in broad exposure to the Small Cap Blend segment of the US equity market, look no further than the Global X Russell 2000 ETF (RSSL), a passively managed exchange traded fund launched on 06/04/2024.
Abacus Global Management (NASDAQ:ABL) reported a 40% increase in fourth-quarter revenue, reaching $33.2 million, as the alternative asset manager expanded its operations through strategic acquisitions and capital deployment. For the full year 2024, revenue surged 69% to $111.9 million, while adjusted net income climbed 58% to $46.5 million.
Kimberly-Clark has streamlined its portfolio and footprint, focusing on acquisitions and divestitures to accelerate organic revenue growth, earning a ‘Buy' rating with a fair value of $151 per share. The company's Integrated Margin Management approach has optimized expenses, expanded margins, and contributed to 3.2% organic revenue growth and 15.6% adjusted operating profit growth in FY24. Despite slow growth historically, strategic acquisitions like Thinx and divestitures like Neve tissue brand in Brazil support future above-market growth and portfolio optimization.