PM Images/DigitalVision via Getty Images Dave ( DAVE ) is seeing significant revenue growth and sustained profitability as demand for its financial products continues to grow against a broader economic backdrop defined by stubborn inflationary pressure, rising U.S. unemployment , and weak consumer sentiment . The fintech company has seen its common shares rally 100% over the last one year on the b...
PM Images/DigitalVision via Getty Images Dave ( DAVE ) is seeing significant revenue growth and sustained profitability as demand for its financial products continues to grow against a broader economic backdrop defined by stubborn inflationary pressure, rising U.S. unemployment , and weak consumer sentiment . The fintech company has seen its common shares rally 100% over the last one year on the back of what can only be described as hockey stick revenue and cash from operations growth. DAVE recorded fiscal 2025 third-quarter revenue growth of $150.8 million , a 63% growth rate over its year-ago comp and a beat by $17.3 million on consensus. The company is guiding for full-year 2025 revenue in the range of $544 million to $547 million, which would place its multiple against the midpoint of this range at 4.7x. DAVE currently swaps hands at a $2.57 billion market cap. YCharts Critically, bulls would be able to highlight a price-to-sales multiple that has actually dipped from their summer 2025 high despite the corresponding move up in DAVE's stock price as signs that revenue growth remains at a pace that's being underappreciated by the market. This opens up the commons to further upside from their current level, especially if DAVE is able to ramp up ExtraCash origination volume without a corresponding uptick in credit losses. ExtraCash is an overdraft product that provides members with up to $500 of credit. This is offered without credit checks and does not lean on any FICO or credit bureau data. The company held around $268.29 million in ExtraCash receivables on its balance sheet as of the end of its third quarter, a material 52.6% growth from the start of the year. I last covered the ticker with a buy rating in 2024, with DAVE realizing a substantial return since then. Dave Fiscal 2025 Third Quarter Form 10-Q ExtraCash, Profitability, Share Buybacks, and Downside Risk DAVE's move to a new fee model for ExtraCash has been doing some heavy lifting in ongoing profitabili...
SK Hynix Inc. ( HXSC.F ) shares surged toward a record closing high after local media reported the company is the exclusive supplier of advanced memory for Microsoft’s ( MSFT ) new AI chip. The stock rose as much as 7.7% on the Korea Exchange, erasing an early loss on the latest tariff threat from US President Donald Trump. The stock has kept rising this year, fueling an AI-driven rally that has p...
SK Hynix Inc. ( HXSC.F ) shares surged toward a record closing high after local media reported the company is the exclusive supplier of advanced memory for Microsoft’s ( MSFT ) new AI chip. The stock rose as much as 7.7% on the Korea Exchange, erasing an early loss on the latest tariff threat from US President Donald Trump. The stock has kept rising this year, fueling an AI-driven rally that has pushed the South Korean company’s market value close to $400 billion. More on SK hynix Inc. Excerpt: SK hynix - Trading At A Mere 7x With Growing HBM Complexity Micron dips after reports of Samsung nearing Nvidia certification for HBM4 chips Samsung nears Nvidia certification for HBM4 AI memory - report Seeking Alpha’s Quant Rating on SK hynix Inc. Financial information for SK hynix Inc.
(RTTNews) - MODEC, Inc. (MDIKF, 6269.T), a supplier and operator of offshore floating platforms, on Tuesday said it has signed a joint development agreement with Norway-based Eld Energy AS to develop an integrated 120-kilowatt solid oxide fuel cell and Carbon dioxide capture system for floating production, storage and offloading vessels. The onshore operational testing is planned for 2027 and the ...
(RTTNews) - MODEC, Inc. (MDIKF, 6269.T), a supplier and operator of offshore floating platforms, on Tuesday said it has signed a joint development agreement with Norway-based Eld Energy AS to develop an integrated 120-kilowatt solid oxide fuel cell and Carbon dioxide capture system for floating production, storage and offloading vessels. The onshore operational testing is planned for 2027 and the offshore demonstration is targeted to commence from 2028. Under the new agreement, the SOFC output will be scaled up from 40 kilowatts to 120 kilowatts, representing a key step toward phased deployment on FPSOs. The system will also integrate a CO2 capture and fuel recovery unit optimized for SOFC exhaust. The joint development aims to deliver a scalable multi-megawatt power system capable of meeting full FPSO power demand with zero carbon intensity, supporting improvements in both environmental performance and operational value. The agreement covers prototype design and manufacturing of a low-carbon offshore power solution. The company and Eld Energy have been jointly advancing the design and manufacturing of a pilot-scale 40-kilowatt SOFC offshore power system since 2025, using associated natural gas produced during FPSO operations. MODEC is currently trading 2.04% higher at JPY 14,255 on the Tokyo Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
JHVEPhoto China's Anta Sports ( ANPDY ) to acquire a 29.06% stake in Puma ( PMMAF ) from the French Pinault family's Artémis holding company for ~$1.8B, making it the largest shareholder of the German sportswear maker. Anta ( ANPDY ) will purchase 43M Puma ( PMMAF ) shares at €35 each in an all-cash transaction funded by its internal cash reserves. The price represents a 62% premium to Puma's €21....
JHVEPhoto China's Anta Sports ( ANPDY ) to acquire a 29.06% stake in Puma ( PMMAF ) from the French Pinault family's Artémis holding company for ~$1.8B, making it the largest shareholder of the German sportswear maker. Anta ( ANPDY ) will purchase 43M Puma ( PMMAF ) shares at €35 each in an all-cash transaction funded by its internal cash reserves. The price represents a 62% premium to Puma's €21.63 closing price on Monday. The stock price jumped about 17% on the European exchange after the news. The deal is expected to close by the end of 2026. The Hong Kong-listed company explicitly rules out a full takeover, committing to Puma's independent governance while exploring future partnership enhancements. "ANTA has always admired PUMA’s long-term brand value and potential. Such strong brand DNA and value heritage are rare to come by. We believe PUMA’s share price over the past few months does not fully reflect the long-term potential of the brand. We have confidence in its management team and strategic transformation." Ding Shizhong, board chairman of ANTA Sports, commented . More on PUMA SE, ANTA Sports Products Limited PUMA: Why I Don't Think The Acquisition Will Materialize PUMA SE 2025 Q3 - Results - Earnings Call Presentation Puma gains on report Anta Sports offered to buy Pinault family's 29% stake Seeking Alpha’s Quant Rating on PUMA SE Historical earnings data for PUMA SE
Diminishing perspective of downtown London skyscrapers Chunyip Wong | E+ | Getty Images LONDON — European stocks are expected to open higher Tuesday, as a busy earnings week gathers pace. The U.K.'s FTSE index is seen opening 0.18% higher, Germany's DAX up 0.15%, France's CAC 40 up 0.3%, and Italy's FTSE MIB 0.4% higher, according to data from IG. Earnings season is getting underway again with reg...
Diminishing perspective of downtown London skyscrapers Chunyip Wong | E+ | Getty Images LONDON — European stocks are expected to open higher Tuesday, as a busy earnings week gathers pace. The U.K.'s FTSE index is seen opening 0.18% higher, Germany's DAX up 0.15%, France's CAC 40 up 0.3%, and Italy's FTSE MIB 0.4% higher, according to data from IG. Earnings season is getting underway again with regional investors keeping an eye on the latest financial reports from ASML , Volvo, LVMH and Deutsche Bank , among others, this week. On Tuesday, Atlas Copco , Sandvik and Logitech International are due to report. There's been more global trade uncertainty overnight after U.S. President Donald Trump took aim at South Korea Monday, saying he would increase tariffs on Asia's fourth-largest economy. Trump said on Truth Social that the country's legislature has not approved Seoul's trade deal with Washington, and that tariffs on South Korean autos, pharmaceuticals and lumber would rise from 15% to 25%. Shares of South Korean autos fell sharply but pared losses overnight. S&P 500 futures were near the flatline overnight after the major averages started the busy earnings week on a positive note. Investors are also waiting for the Federal Reserve's rate decision later this week. The central bank is widely expected to keep its key rate at a target range of 3.5% to 3.75%, but traders will search for clues on when future cuts may come. European data releases include EU new car registrations, Spanish unemployment data and French consumer confidence figures. — CNBC's Pia Singh contributed to this market report.
TLDRs; Qualcomm shares edged lower despite leading an $8 million funding round for India-based AI contract platform SpotDraft. The deal highlights Qualcomm’s strategy to expand on-device AI use cases beyond consumer and into regulated enterprise workflows. SpotDraft’s offline legal AI, running on Snapdragon processors, signals growing momentum for NPU-powered professional applications. Investors w...
TLDRs; Qualcomm shares edged lower despite leading an $8 million funding round for India-based AI contract platform SpotDraft. The deal highlights Qualcomm’s strategy to expand on-device AI use cases beyond consumer and into regulated enterprise workflows. SpotDraft’s offline legal AI, running on Snapdragon processors, signals growing momentum for NPU-powered professional applications. Investors weighed long-term AI PC opportunities against near-term valuation and broader market caution, pressuring the stock slightly. 💥 Find the Next KnockoutStock! Get live prices, charts, and KO Scores from KnockoutStocks.com , the data-driven platform ranking every stock by quality and breakout potential. Qualcomm stock slipped marginally in recent trading even as the chipmaker unveiled a strategic investment and partnership aimed at pushing artificial intelligence deeper into enterprise workflows. Through its venture arm, Qualcomm Ventures, the company led an $8 million Series B extension in SpotDraft, an India-based AI contract management platform, lifting the startup’s total funding to $92 million. The investment is not just financial. Qualcomm is working with SpotDraft to develop fully on-device legal AI that runs entirely on Snapdragon processors, allowing sensitive contract analysis to be performed locally without continuous cloud connectivity. This move aligns with Qualcomm’s broader vision of positioning its Snapdragon X Elite and upcoming AI PC chips as the foundation for secure, high-performance, and power-efficient on-device intelligence. Despite the strategic significance, QCOM shares dipped fractionally, reflecting a market that appeared more focused on near-term valuation and macro factors than on the long-term promise of niche enterprise AI deployments. Offline Contract Intelligence Showcased SpotDraft recently demonstrated its technology at the Snapdragon Summit 2025, where it showed contract review, clause extraction, and risk scoring running offline on Snapdragon...
After skyrocketing 300% over the past 12 months, D-Wave Quantum Inc. (NYSE: QBTS) stock has fallen 6% thus far in 2026 as of Jan. 26. Is the stock going to $0 or will it rebound again? Let's have a look at what's going on with the quantum computing company . As with any speculative tech investment, questions and doubts are constant noise that innovative companies have to combat and prove wrong. In...
After skyrocketing 300% over the past 12 months, D-Wave Quantum Inc. (NYSE: QBTS) stock has fallen 6% thus far in 2026 as of Jan. 26. Is the stock going to $0 or will it rebound again? Let's have a look at what's going on with the quantum computing company . As with any speculative tech investment, questions and doubts are constant noise that innovative companies have to combat and prove wrong. In the case of D-Wave Quantum, the business has real revenue growth, commercial traction, and solid cash reserves. It's a respected player in the quantum industry, and for all these reasons, no, I do not think it will continue to fall to $0, but continued volatility is highly likely . In D-Wave's latest quarterly earnings report, the quantum business demonstrated serious growth with 100% third-quarter revenue growth. Year to date revenue grew 235% from 2024. D-Wave also reported its highest-ever cash balance of $836 million. This amount of runway should ease many investor concerns. Continue reading
Abby Choi Tin-fung’s ex-husband, his brother and father will stand trial for her alleged killing in September, three years after the death of the Hong Kong model. In a closed-door hearing on Tuesday, Alex Kwong Kong-chi, his elder brother Anthony Kwong Kong-kit and father Kwong Kau appeared before Deputy High Court Judge Brian Keith for the first time. The pre-trial hearing was held for the judge ...
Abby Choi Tin-fung’s ex-husband, his brother and father will stand trial for her alleged killing in September, three years after the death of the Hong Kong model. In a closed-door hearing on Tuesday, Alex Kwong Kong-chi, his elder brother Anthony Kwong Kong-kit and father Kwong Kau appeared before Deputy High Court Judge Brian Keith for the first time. The pre-trial hearing was held for the judge to give directions to the parties regarding the trial. Advertisement According to the judiciary’s website, the trio did not have legal representation at Tuesday’s hearing. They will return to court for a second pre-trial hearing on February 27. The trial is set to begin on September 21 and is expected to last 45 days at the High Court. Advertisement Choi’s death shocked the city in February 2023, when her body parts were found in a flat inside a three-storey house in Lung Mei Tsuen, Tai Po.