Hydrogen-related equities gained momentum following Nel ASA’s update on cost reduction efforts, reinforcing confidence in the clean energy space. Shares of companies involved in green hydrogen and electrolyzer manufacturing climbed as leadership indicated operational improvements might bolster profitability without depending on rising commodity prices. …
The contract asking whether Bitcoin will trade above $67,500 at any point in July is currently priced at 54%, meaning the market sees this as slightly more likely than not. That contract pays out at 1.79 times the stake if it resolves yes, a …
Imperial Oil (TSX: IMO) released its first‑quarter financial results, revealing earnings that fell short of the consensus view held by analysts. The shortfall comes after a period of strong investor enthusiasm, during which the stock has outperformed many peers in the energy sector. While …
Iran’s foreign ministry summoned the United Kingdom’s ambassador in Tehran to convey strong opposition to the recent terrorist designation of its security militia. The action follows a series of Western measures targeting the group, which Tehran views as an infringement on its sovereign security …
Sable Offshore Corp (NYSE: SOC) saw Jefferies analyst Lloyd Byrne lower its price target from $24 to $11 on July 6, a 54% reduction. The new $11 target still suggests upside of over 180% versus the current trading price, and Jefferies retained a Buy …
US gasoline prices are on track to return to $4 per gallon, a shift that threatens to reignite inflation pressures and reshape sector performance across the economy. After months of relative stability, rising crude oil costs and seasonal demand are converging to push pump …
Fermi Inc. has secured a sizeable new capital infusion through a convertible debt offering, reinforcing its balance sheet as it advances its AI‑focused power infrastructure. The securities, which bear a cash interest rate of 5.00% and mature in 2031, incorporate a capped‑call feature designed …
Granite Ridge Resources (NYSE: GRNT) received an Outperform rating from Northland Capital Markets, pushing its shares up 1.5% in pre-market trading to $4.64. Analyst Jeff Grampp set a $9 price target for the energy producer, emphasizing the company’s recent production growth. Despite this operational …
Key HighlightsCoreWeave (NASDAQ: CRWV)has reportedly held early, internal discussions about using derivatives, such as put options on memory-chip stocks, to hedge against a future drop in memory prices.The company has separately signed long-term supply contracts with Micron and SanDisk that include price floors, guaranteeing …
Three small-cap biotechs reported significant corporate developments in the same period that collectively illustrate the diverse capital allocation strategies available to life sciences companies at different stages of commercial and financial development: Arbutus Biopharma (NASDAQ: ABUS) returning capital from IP monetization, Virax Biolabs (NASDAQ: …