Jensen Huang has spent the last three years declaring various inflections, factories, and platforms, and the market has spent those same three years front-running every one of them. So when the NVIDIA (NASDAQ:NVDA) CEO reportedly called Marvell Technology (NASDAQ:MRVL) the next trillion-dollar company, traders treated the comment as gospel. Marvell shares have now shot up ... Marvell Keep Surging ...
Jensen Huang has spent the last three years declaring various inflections, factories, and platforms, and the market has spent those same three years front-running every one of them. So when the NVIDIA (NASDAQ:NVDA) CEO reportedly called Marvell Technology (NASDAQ:MRVL) the next trillion-dollar company, traders treated the comment as gospel. Marvell shares have now shot up ... Marvell Keep Surging After Nvidia CEO Calls It the Next Trillion-Dollar Company
Geodrill Limited (TSX: GEO) on Thursday said that the Toronto Stock Exchange had approved the renewal of its normal course issuer bid, allowing the company to repurchase up to 2,375,656 ordinary shares over the next 12 months. The share buyback program will begin on June 7, 2026 and expire on June 6, 2027. The maximum number of shares that may be repurchased represents about 5% of the company's is...
Geodrill Limited (TSX: GEO) on Thursday said that the Toronto Stock Exchange had approved the renewal of its normal course issuer bid, allowing the company to repurchase up to 2,375,656 ordinary shares over the next 12 months. The share buyback program will begin on June 7, 2026 and expire on June 6, 2027. The maximum number of shares that may be repurchased represents about 5% of the company's issued and outstanding shares. The program was approved by shareholders on May 11, 2026. As of May 29, 2026, Geodrill had 47.5 million ordinary shares outstanding and a public float of 18.9 million shares. Under its previous buyback program, which ran from June 7, 2025 to June 6, 2026, the company repurchased 154,900 shares. Repurchases under the renewed program will be conducted through the Toronto Stock Exchange and alternative Canadian trading systems, with purchased shares to be cancelled. Source: Press Release More on Geodrill Limited Geodrill Limited (GEO:CA) Shareholder/Analyst Call Prepared Remarks Transcript Geodrill Limited (GEO:CA) Q1 2026 Earnings Call Transcript Historical earnings data for Geodrill Limited Financial information for Geodrill Limited
Five Below Plunges After Earnings Beat, Warns Consumer Boost From Tax Refunds Is Ending Five Below's core customer base is tweens, teens, and value-conscious households. That makes management's warning on Wednesday's earnings call particularly notable: the retailer is directly exposed to trends in low-end discretionary spending. " We're looking at the world that our customers are living in: with r...
Five Below Plunges After Earnings Beat, Warns Consumer Boost From Tax Refunds Is Ending Five Below's core customer base is tweens, teens, and value-conscious households. That makes management's warning on Wednesday's earnings call particularly notable: the retailer is directly exposed to trends in low-end discretionary spending. " We're looking at the world that our customers are living in: with rising fuel costs, with very sticky inflation, with a somewhat—soft labor market. And we think a piece of that pain that they are feeling wasn't felt in the first quarter purely because of tax proceeds, " CFO Daniel Sullivan told analysts during an earnings call. " We remain cautious with respect to the macro environment, consumer sentiment and buying behaviors ," Sullivan added. Shares of Five Below plunged 10% in premarket trading after the discount retailer issued a dismal outlook for the consumer this summer , despite beating first-quarter earnings expectations and raising full-year profit guidance. Same-store sales surged nearly 23%, exceeding the Bloomberg Consensus estimate of 17.8%, which was mostly helped by viral demand for a "squishy dumpling" toy. Snapshot of the first quarter results (courtesy of Bloomberg): Net sales $1.29 billion, +32% y/y, estimate $1.22 billion Adjusted EPS $2.22, estimate $1.75 EPS $2.21 vs. 75c y/y Comparable sales +22.7%, estimate +17.8% Total stores 1,970, estimate 1,967 Net new stores opened 49, estimate 45.94 Five Below also raised its full-year adjusted EPS forecast to $8.65 to $9.05 from $7.74 to $8.25. The Bloomberg Consensus estimate was $8.30. It kept its second-half outlook unchanged, citing deteriorating consumer sentiment amid a very challenging macroeconomic environment as the tax-refund sugar high fades . Snapshot of full-year forecast (courtesy of Bloomberg): Sees net sales $5.40 billion to $5.48 billion, saw $5.20 billion to $5.30 billion, estimate $5.37 billion (Bloomberg Consensus) Sees adjusted EPS $8.65 to $9.05, saw $7...
Sonal Shah, an economist and former chief executive officer of the Texas Tribune, says job growth in the state is picking up in 2026 after a stagnant 2025. But temporary employment accounts for an outsize share of the gains, and the US immigration crackdown is crimping labor supply, she tells Bloomberg's Julie Fine. (Source: Bloomberg)
Sonal Shah, an economist and former chief executive officer of the Texas Tribune, says job growth in the state is picking up in 2026 after a stagnant 2025. But temporary employment accounts for an outsize share of the gains, and the US immigration crackdown is crimping labor supply, she tells Bloomberg's Julie Fine. (Source: Bloomberg)
Beijing’s top official on Hong Kong and Macau affairs has visited the Hengqin cooperation zone in Zhuhai as part of a drive to help the two special administrative regions align with the nation’s 15th five-year plan. The four-day visit by Xia Baolong, director of the Hong Kong and Macau Affairs Office (HKMAO), was his third trip to the Greater Bay Area this year. During his trip from Monday to Thur...
Beijing’s top official on Hong Kong and Macau affairs has visited the Hengqin cooperation zone in Zhuhai as part of a drive to help the two special administrative regions align with the nation’s 15th five-year plan. The four-day visit by Xia Baolong, director of the Hong Kong and Macau Affairs Office (HKMAO), was his third trip to the Greater Bay Area this year. During his trip from Monday to Thursday, Xia visited a university town, research institutes, and innovation and technology companies...
Registrations are up 7% in May, with battery electric vehicles recording the fastest growth and Tesla jumping 45% British car sales rose in May to their strongest level for the month since before the Covid pandemic, driven in part by strong growth from the Chinese manufacturers BYD and Chery. Car registrations rose 7% to 160,662 during the month, according to figures from the Society of Motor Manu...
Registrations are up 7% in May, with battery electric vehicles recording the fastest growth and Tesla jumping 45% British car sales rose in May to their strongest level for the month since before the Covid pandemic, driven in part by strong growth from the Chinese manufacturers BYD and Chery. Car registrations rose 7% to 160,662 during the month, according to figures from the Society of Motor Manufacturers and Traders (SMMT), a lobby group. Continue reading...
The UK and France have finalized plans to lead a multinational mine-clearing mission in the Strait of Hormuz within days of an agreement between the US and Iran to reopen the waterway, according to people familiar with the matter. Shipping in one of the world’s most critical trade corridors remains at a near-standstill with the US and the Islamic Republic clashing in the Persian Gulf earlier this ...
The UK and France have finalized plans to lead a multinational mine-clearing mission in the Strait of Hormuz within days of an agreement between the US and Iran to reopen the waterway, according to people familiar with the matter. Shipping in one of the world’s most critical trade corridors remains at a near-standstill with the US and the Islamic Republic clashing in the Persian Gulf earlier this week amid fraught efforts to agree to an interim deal to restore maritime traffic to prewar levels. Military planners in multiple countries are at an advanced stage in their plans to join efforts to rid the strait of naval mines laid by Iran’s Islamic Revolutionary Guard Corps , said five people familiar with the talks. On Wednesday, US President Donald Trump downplayed the threat posed by Iranian sea mines to commercial shipping. He said US forces had “gotten most of them.” A day earlier, Secretary of State Marco Rubio told senators that Iran had mined large sections of the strait. Trump added that the strait would reopen “immediately” once Iran signs a memorandum of understanding to end hostilities. Yet the two countries are struggling to agree to terms, and Iran’s Foreign Minister Abbas Araghchi said on Thursday that there’s been no progress in their talks while Israel continued its offensive in southern Lebanon. Trump Plays Down Threats of Hormuz Mines, Touts Alternate Route Why Strait of Hormuz Is at Heart of US-Iran Stalemate: Explainer Iran Says No Progress in US Talks as Lebanon Sees More Clashes Kuwait Bears Brunt of Iran’s Retaliation Against US Ship Attacks Three of the people familiar with the demining mission said it will involve a coalition of 15 countries, which have already committed military personnel and assets. They are likely to join the mission weeks after it starts in order to provide reassurance to commercial vessels and while planning is largely complete, they are still looking to source some additional equipment, particularly support ships, the peop...