(RTTNews) - OPmobility SE (OPM.PA), a French automotive supplier, on Tuesday said it has signed a memorandum of understanding with Hyundai Mobis Co., Ltd (012330.KS) to explore the potential acquisition of a controlling stake in Hyundai Mobis' lighting business for undisclosed financial terms. The companies said the strategic partnership is aimed at reaching a final agreement in 2026 and would str...
(RTTNews) - OPmobility SE (OPM.PA), a French automotive supplier, on Tuesday said it has signed a memorandum of understanding with Hyundai Mobis Co., Ltd (012330.KS) to explore the potential acquisition of a controlling stake in Hyundai Mobis' lighting business for undisclosed financial terms. The companies said the strategic partnership is aimed at reaching a final agreement in 2026 and would strengthen its competitiveness in the fast-evolving mobility industry. A potential combination of the two lighting businesses is expected to increase scale, reinforce market and technological leadership, and generate cost efficiencies. The company said the transaction would also expand its product portfolio, customer base, and geographic footprint. On Monday, OPmobility closed trading 2.23% lesser at EUR 16.19 on the Paris Stock Exchange. Hyundai Mobis closed trading 1.18% lesser at KRW 460,000 on the Korean 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.
Key Points Costco’s ability to increase revenue at each location in the face of macro issues is impressive. Members are loyal to Costco, and there are high renewal rates. An already massive physical footprint isn’t getting in the way of management’s expansion plans. 10 stocks we like better than Costco Wholesale › With fiscal 2025 (ended Aug. 31) net sales of $270 billion, Costco (NASDAQ: COST) is...
Key Points Costco’s ability to increase revenue at each location in the face of macro issues is impressive. Members are loyal to Costco, and there are high renewal rates. An already massive physical footprint isn’t getting in the way of management’s expansion plans. 10 stocks we like better than Costco Wholesale › With fiscal 2025 (ended Aug. 31) net sales of $270 billion, Costco (NASDAQ: COST) is one of the power players in the global retail market. Charlie Munger, long-time right-hand man to Warren Buffett, never sold a share in the business. That's high praise. This retail stock's price has risen 540% in the past decade, even though it's trading 9% below its peak (as of Jan. 23). Investors should keep the business on their radar. Here are three important metrics to know about Costco. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » 1. Same-store sales The first data point that must be tracked is same-store sales (SSS), which measure organic revenue growth from each location, typically over a year-long timeframe. This is the purest test of management's ability to pick the right locations, boost foot traffic, increase spending, and run things efficiently. Costco has a fantastic track record of positive SSS that likely goes back a very long time. The last few years are telling. In the last six fiscal years (including 2020 through 2025), SSS grew. The facts of a global pandemic, supply chain bottlenecks, record inflation, rising interest rates, and weak consumer confidence today didn't matter. The company's ability to keep the positive momentum going in any economic situation highlights how stable demand is. 2. Membership renewal rates Costco doesn't let just anyone walk into its stores. People must pay annual fees to have the right to shop at the company's massive warehouses. Costco has 81.4 million members, a figure that has consistently increase...
Ellington Financial ( EFC ) priced an underwritten public offering of ~8.78M shares at ~$13.50 per share for total gross proceeds of $118.5M. The underwriters have a 30-day option to buy up to ~1.32M additional shares. Ellington Financial plans to use the funds to redeem all outstanding shares of its Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. The offering is subject to ...
Ellington Financial ( EFC ) priced an underwritten public offering of ~8.78M shares at ~$13.50 per share for total gross proceeds of $118.5M. The underwriters have a 30-day option to buy up to ~1.32M additional shares. Ellington Financial plans to use the funds to redeem all outstanding shares of its Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock. The offering is subject to customary closing conditions and is expected to close on January 28, 2026. The stock price traded ~2% lower on Tuesday during pre-market hours of trading. More on Ellington Financial Ellington Financial's Historical Value Creation May Offer Insights Into Its Future Returns Ellington Financial: 8.5% Yielding Preferred Shares Look Best For Income Investors Ellington Financial: A Sound mREIT, But The Preferred Shares Stand Out On A Risk-Adjusted Basis Ellington Financial launches common stock offering Ellington Financial outlines expanded securitization strategy and portfolio growth amid shift to long-term financing
A red flood warning – meaning danger to life – has been issued for a river in south-west England as Storm Chandra brought heavy rain and strong winds to many areas of the UK. The Environment Agency (EA) said severe flooding was expected on Tuesday morning in Ottery St Mary, which sits on the River Otter, with the flood water expected to be deep and fast-flowing. Emergency services and local author...
A red flood warning – meaning danger to life – has been issued for a river in south-west England as Storm Chandra brought heavy rain and strong winds to many areas of the UK. The Environment Agency (EA) said severe flooding was expected on Tuesday morning in Ottery St Mary, which sits on the River Otter, with the flood water expected to be deep and fast-flowing. Emergency services and local authorities were working with the EA, which advised people in parts of the town under threat to move family, pets and cars if safe to do so and turn off gas, electricity and water. As day broke on Tuesday, there were almost 100 flood warnings – meaning flooding is expected – in England and nearly 200 alerts – meaning flooding is possible – in place, with heavy rain falling on already saturated ground. There were 17 flood alerts in Wales. The storm was causing trouble for travellers. The M48 Severn Crossing between England and Wales was closed because of the strong winds, while high-sided vehicles were banned from the Humber Bridge in north-east England. Sections of roads in Dorset, Somerset and east Devon were closed due to flooding. Gwent police said that the A40 was flooded between Abergavenny and Raglan in south-east Wales. Rail operators advised people to check their planned routes before setting out. National Rail said poor weather might affect services in south-west England until the end of the day. An amber weather warning for rain was in place on Tuesday morning for parts of Cornwall, Devon, Dorset and Somerset. The Met Office said 30-50mm rainfall was likely in these areas, with 60-80mm across some higher ground, especially south Dartmoor. A second amber warning was in force for wind for parts of Northern Ireland, where the Met Office said severe gales were likely, which could bring down trees and cause dangerous coastal conditions. Gusts of up to 75mph were expected. The Met Office said winds were often coming from a more unusual southeasterly or easterly direction, so ...
The landmark Microsoft Ignite 2025 conference held in November represented a pivotal moment for the company's AI strategy. The introduction of Work IQ, the intelligence layer enabling Microsoft 365 Copilot to understand individual users, their roles, and company-specific context, represented a significant advancement in personalization capabilities. Agent Mode launched within Word, Excel, and Powe...
The landmark Microsoft Ignite 2025 conference held in November represented a pivotal moment for the company's AI strategy. The introduction of Work IQ, the intelligence layer enabling Microsoft 365 Copilot to understand individual users, their roles, and company-specific context, represented a significant advancement in personalization capabilities. Agent Mode launched within Word, Excel, and PowerPoint in November, enabling users to work iteratively with Copilot to create high-quality documents, spreadsheets, and presentations through AI-powered collaboration. Within this segment, Microsoft 365 commercial cloud revenue growth is expected to be between 13% and 14% in constant currency (cc). The segment is expected to have benefited from continued E5 suite adoption and accelerating Copilot deployment. Microsoft projected revenues between $33.3 billion and $33.6 billion for Productivity and Business Processes , representing growth of 11% to 12%, with the Zacks Consensus Estimate indicating 13.8% year-over-year growth to $33.4 billion. Microsoft's fiscal second-quarter 2026 results are likely to be supported by accelerated AI agent adoption, strengthened product positioning following Microsoft Ignite 2025, and robust enterprise demand across its cloud and productivity segments during the October-December 2025 period. MSFT has an Earnings ESP of 0.00% and a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Our proven model does not conclusively predict an earnings beat for Microsoft this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. In the last reported quarter, the company delivered an earnings surprise of 13.15%. The company’s earnings beat the Zacks Consensus Estimate in each of the trailing fou...
RGTI’s collaboration-driven strategy helps address this by enabling early validation and real-world testing, increasing the chances that its roadmap milestones evolve into scalable, commercially meaningful quantum platforms rather than remaining purely technical achievements. The importance of these partnerships becomes clearer when viewed in the context of RGTI’s 2026–2027 development roadmap. Ma...
RGTI’s collaboration-driven strategy helps address this by enabling early validation and real-world testing, increasing the chances that its roadmap milestones evolve into scalable, commercially meaningful quantum platforms rather than remaining purely technical achievements. The importance of these partnerships becomes clearer when viewed in the context of RGTI’s 2026–2027 development roadmap. Management is aiming to roll out a 150+ qubit system by late 2026 with roughly 99.7% two-qubit gate fidelity, followed by a 1,000+ qubit platform around 2027 with fidelity approaching 99.8%. While increasing qubit counts is technically demanding, the tougher challenge lies in turning that hardware into systems that can be reliably used. Beyond commercial partnerships, Rigetti is also leaning heavily into academic and government collaborations to reinforce both innovation and talent development. Michigan State University recently became the first academic institution to operate an on-premises Rigetti system, giving researchers direct, hands-on access to its quantum hardware. At the same time, the company signed a memorandum of understanding with India’s C-DAC to explore joint development of hybrid quantum systems, application workflows, and workforce pipelines. Taken together, these initiatives broaden Rigetti’s global reach, seed early user communities around its technology, and reduce commercialization risk by aligning product development with real research and enterprise needs from the outset. Rigetti Computing is steadily carving out a differentiated position by tying its quantum hardware more closely to AI supercomputing and public-sector research ecosystems. Rather than building in isolation, the company is plugging its processors into hybrid computing environments where classical and quantum systems work side by side. A key move here is support for NVIDIA’s NVQLink platform, which allows fast, low-latency connections between Rigetti’s quantum processors and AI supercomp...