Critical minerals and energy company QEM Limited (ASX: QEM) is pleased to announce that it has received firm commitments to raise A$2.05 million (before costs) via a Placement to institutional and sophisticated investors. Highlights: Firm commitments secured to raise A$2.05 million via a well- supported Placement to accelerate development of…
23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to a release. The move comes after Regeneron Pharmaceuticals said earlier this month that it will acquire “substantially all” of 23andMe’s assets for $256 million. The drugmaker came out…
Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns to buyers in New York, after state Attorney General Letitia James said Tuesday that the retail giant’s online store shipped them to the state. The settlement comes nearly…
Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect. The sporting goods giant said it’s expecting earnings per share to be between $13.80 and $14.40 in fiscal 2025 — in line with the $14.29 that analysts had…
Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will hike prices of certain items to offset tariffs. In a news release, the department store operator said it reduced its earnings outlook because of higher tariffs,…
Barclays analyst Raimo Lenschow recommends taking profit and moving to the sidelines in CoreWeave Inc (NASDAQ: CRWV) following its explosive rally over the past few months.Lenschow downgraded the artificial intelligence startup this morning to “equal weight”, adding he can’t think of a near-term catalyst that could push the CRWV share…
CNBC’s Jim Cramer says Disney’s stock still has plenty of upside, fueled by the blockbuster success of its latest live-action remake, Lilo & Stitch. After a string of box office disappointments, the film’s surprise performance is breathing new life into the entertainment giant. Lilo & Stitch makes box office historyThe…
Wall Street analysts expect Nvidia’s Q1 earnings on Wednesday (after the bell) to be “messy” and include disappointments on key metrics.However, the expected near-term weakness is hardly a reason to bail on NVDA shares – they’re telling clients heading into the company’s release.Note that Nvidia stock has already rallied some…
Shopify Inc (NYSE: SHOP) president Harley Finkelstein says the e-commerce giant was built for challenging times and is, therefore, strongly positioned to weather tariff uncertainty in 2025.Speaking recently with CNBC, Finkelstein argued that building a business on Shopify is a “huge advantage” for retailers as the platform equips them with…
Elon Musk has publicly expressed his disapproval of President Donald Trump’s recently passed House tax bill, a sweeping piece of legislation that the billionaire entrepreneur says runs contrary to his own efforts to curtail government spending.Musk’s critique adds a high-profile voice to the growing chorus of concerns surrounding the bill’s…