Fintech company’s profits leap to £1.7bn as it gears up for US push after getting UK banking licence this month Business live – latest updates The UK banking app Revolut has said it could face a backlash over its support for energy-intensive sectors such as crypto and AI, as it posted a 57% increase in annual profits. The fintech, which can now launch as a fully fledged UK bank after a five-year w...
Fintech company’s profits leap to £1.7bn as it gears up for US push after getting UK banking licence this month Business live – latest updates The UK banking app Revolut has said it could face a backlash over its support for energy-intensive sectors such as crypto and AI, as it posted a 57% increase in annual profits. The fintech, which can now launch as a fully fledged UK bank after a five-year wait for regulatory approval, warned in its 2025 results that such activities posed a “reputational risk”. Continue reading...
RHJ Nevada King Gold ( NKGFF ) intends to complete a non-brokered private placement of common shares of the miner, which is fully subscribed, for total gross proceeds of approximately C$16 million, it said on Tuesday. In connection with the financing, the company has entered into a subscription agreement with Centerra Gold pursuant to which Centerra ( CGAU ) will acquire 9.9% of the issued and out...
RHJ Nevada King Gold ( NKGFF ) intends to complete a non-brokered private placement of common shares of the miner, which is fully subscribed, for total gross proceeds of approximately C$16 million, it said on Tuesday. In connection with the financing, the company has entered into a subscription agreement with Centerra Gold pursuant to which Centerra ( CGAU ) will acquire 9.9% of the issued and outstanding common shares at a price of C$0.21 per share, matching the 20-day VWAP of the common shares on the TSX Venture Exchange, for anticipated gross proceeds of approximately C$10 million. Both the chairman of Nevada King, Collin Kettell , and the largest shareholder, Michael Parker , intend to participate in the financing to maintain their pro-rata ownership positions in the common shares, for anticipated gross proceeds of about C$6 million. More on Nevada King Gold Corp., Centerra Gold Inc. Centerra Gold: Still Deeply Undervalued After A 200% Rally While Re-Pricing Advances Centerra Gold Inc. (CG:CA) Q4 2025 Earnings Call Transcript Centerra Gold Inc. 2025 Q4 - Results - Earnings Call Presentation Centerra Gold Non-GAAP EPS of $0.41, revenue of $401.6M; initiates FY26 outlook Centerra Gold Q4 2025 Earnings Preview
Vertical Aerospace press release ( EVTL ): Q4 GAAP EPS of -£0.57. Looking ahead, Vertical expects net cash outflows of approximately $195 million (£145 million) over the next 12 months, reflecting increased investment in flight testing, certification and manufacturing. As of December 31, 2025, the Company held approximately $93 million (£69 million) in cash and cash equivalents. As of the date of ...
Vertical Aerospace press release ( EVTL ): Q4 GAAP EPS of -£0.57. Looking ahead, Vertical expects net cash outflows of approximately $195 million (£145 million) over the next 12 months, reflecting increased investment in flight testing, certification and manufacturing. As of December 31, 2025, the Company held approximately $93 million (£69 million) in cash and cash equivalents. As of the date of this report, Vertical’s short-term liquidity includes cash on hand (approximately $58 million / £43 million) and anticipated near-term receipts from R&D tax reliefs (approximately $23 million / £17 million) and government grants & VAT (approximately $5 million / £4 million). More on Vertical Aerospace Vertical Aerospace: Facing A Binary Outlook Vertical Aerospace starts battery pilot production at VEC Archer Aviation files patent infringement complaint against Vertical Aerospace (updated) Seeking Alpha’s Quant Rating on Vertical Aerospace Historical earnings data for Vertical Aerospace
Basel Medical ( BMGL ) said that it has regained compliance with Nasdaq listing requirements after submitting its amended annual report, resolving a prior filing deficiency. The Singapore-based healthcare provider listed on Nasdaq, faced a delinquency notice in December 2025 for its initial incomplete FY2025 Form 20-F. The stock price traded 2.7% higher on Tuesday during pre-market hours of tradin...
Basel Medical ( BMGL ) said that it has regained compliance with Nasdaq listing requirements after submitting its amended annual report, resolving a prior filing deficiency. The Singapore-based healthcare provider listed on Nasdaq, faced a delinquency notice in December 2025 for its initial incomplete FY2025 Form 20-F. The stock price traded 2.7% higher on Tuesday during pre-market hours of trading. More on Basel Medical Group Ltd Basel Medical receives delinquency notification from Nasdaq Financial information for Basel Medical Group Ltd
primeimages/E+ via Getty Images Key Takeaways Markets: 2025 marked the third consecutive year of this AI-driven cycle. The market cap-weighted S&P 500 Index rose 17.9% in the year, while the equal-weighted S&P 500 Index gained just 11.4%. The Magnificent Seven, this market's nucleus, rose 24.9% in 2025. While performance comparisons will vary based on the time period, cap-weighted and equal-weight...
primeimages/E+ via Getty Images Key Takeaways Markets: 2025 marked the third consecutive year of this AI-driven cycle. The market cap-weighted S&P 500 Index rose 17.9% in the year, while the equal-weighted S&P 500 Index gained just 11.4%. The Magnificent Seven, this market's nucleus, rose 24.9% in 2025. While performance comparisons will vary based on the time period, cap-weighted and equal-weighted indexes have produced similar returns over long periods of time. Contributors: Stock selection in consumer staples, a health care overweight and IT underweight proved beneficial. Detractors: Quarterly underperformance was driven primarily by stock selection in the communication services, IT, materials and real estate sectors. Outlook: We anticipate the AI debate will carry over in 2026, and we will continue to participate in AI in a measured and disciplined way. Yet, as other investors continue to myopically focus on AI, we expect to find additional idiosyncratic opportunities in overlooked corners of the market. We believe these seeds will bear fruit in the years to come. Performance Review The S&P 500 managed a 2.7% gain in the fourth quarter, while the Strategy captured roughly half of that. On the plus side, consumer staples holdings such as Nestle ( NSRGF ), Coca-Cola ( KO ) and Unilever ( UL ) and a health care overweight shined as concerns of a tech bubble grew. On the downside, we are underweight Alphabet ( GOOGL ) and Apple ( AAPL ), two Magnificent Seven stocks that performed well, and overweight Oracle ( ORCL ), which gave back some of its large gains from earlier in 2025. Increasing competitive dynamics in the wireless industry also weighed on T-Mobile ( TMUS ). 2025 marked the third consecutive year of this AI-driven cycle. The market cap-weighted S&P 500 Index rose 17.9% in the year, while the equal-weighted S&P 500 Index gained just 11.4%. The Magnificent Seven, this market's nucleus, rose 24.9% in 2025. Since ChatGPT launched three years ago, the cap-weig...