SpaceX unveiled its plans to list publicly on the US stock market Wednesday, disclosing its investor prospectus and revealing details about its financials for the first time. Elon Musk’s rocket and satellite operations company will go public next month at a valuation of around $1.75tn. The company, which is the world’s most prominent rocket maker and which has extensive contracts with the US gover...
SpaceX unveiled its plans to list publicly on the US stock market Wednesday, disclosing its investor prospectus and revealing details about its financials for the first time. Elon Musk’s rocket and satellite operations company will go public next month at a valuation of around $1.75tn. The company, which is the world’s most prominent rocket maker and which has extensive contracts with the US government, confidentially filed for an IPO last month. The filing allowed for a period of regulatory review before the details became public. “Our mission is to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars,” SpaceX declared in its filing. More details soon …
CEMATRIX ( CEMX:CA ) said on Wednesday that it has won $4.1 million in new contract awards. Some of the larger awards include an abandonment application for a public utility project and a load-reducing fill application for a city infrastructure project. The remaining awards are for small- to mid-sized projects for lightweight fill applications in Canada and the US. The majority of the work related...
CEMATRIX ( CEMX:CA ) said on Wednesday that it has won $4.1 million in new contract awards. Some of the larger awards include an abandonment application for a public utility project and a load-reducing fill application for a city infrastructure project. The remaining awards are for small- to mid-sized projects for lightweight fill applications in Canada and the US. The majority of the work related to these awards is expected to be completed in 2026. With this, the firm has received $21.1M worth of new contract awards YTD. Source: Press Release More on CEMATRIX CEMATRIX renews share buyback program CEMATRIX secures $4.7M in new project awards
私隱公署接24宗投訴 遭騙徒扮「BUILT-IN PRO」職員來電騙財 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】個人資料私隱專員公署接獲24宗投訴及7宗查詢，涉及騙徒冒充電器零售商職員致電客戶。 公署表示，...
私隱公署接24宗投訴 遭騙徒扮「BUILT-IN PRO」職員來電騙財 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】個人資料私隱專員公署接獲24宗投訴及7宗查詢，涉及騙徒冒充電器零售商職員致電客戶。 公署表示，24宗投訴中，投訴人都曾於「BUILT-IN PRO」購買電器，其後投訴人接獲自稱該零售商職員來電，聲稱早前購買的電器出問題，表示可安排賠償及更換產品，但要求投訴人先行付款。部分投訴人因騙徒掌握其購買電器時提供的個人資料及購買詳情，誤信對方並按指示付款，最終蒙受損失，涉及金額由6,000多元至17,000多元不等。
Loading the player… Slapping “AI” on your startup’s pitch deck is basically table stakes right now. When a founder raised $20 million from Cathie Wood’s ARK Invest for an eSports gamification loyalty startup without those two letters in the spotlight, it got us wondering how the conversation even started — especially when ARK had already been burned by a company operating in the same space. On thi...
Loading the player… Slapping “AI” on your startup’s pitch deck is basically table stakes right now. When a founder raised $20 million from Cathie Wood’s ARK Invest for an eSports gamification loyalty startup without those two letters in the spotlight, it got us wondering how the conversation even started — especially when ARK had already been burned by a company operating in the same space. On this episode of TechCrunch’s Equity podcast, Julie Bort sits down with Dylan Robbins, founder and CEO of Lucra, the white-label platform turning friendly competitions into loyalty programs for brands like golf courses, arcades, and pickleball clubs. Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.
hapabapa/iStock Editorial via Getty Images One of the most noticeable things about the stock market in 2026 is the fact that leadership at the top of the stock market has changed dramatically. Semiconductor stocks that were long treated as commodity sellers have vaulted to record market values, while the software and internet stocks that drove much of the S&P 500’s value have taken a huge back sea...
hapabapa/iStock Editorial via Getty Images One of the most noticeable things about the stock market in 2026 is the fact that leadership at the top of the stock market has changed dramatically. Semiconductor stocks that were long treated as commodity sellers have vaulted to record market values, while the software and internet stocks that drove much of the S&P 500’s value have taken a huge back seat. The rotation this year is a clear reminder that investors need to be deploying active portfolio management. Several large decliners this year are in ripe buying territory, and I consider Reddit ( RDDT ) to be one of these stocks. Down more than 30% since the start of the year, the company has actually delivered tremendous fundamental performance that has been actively ignored by its selloff. Data by YCharts I last wrote a "Buy" article on Reddit in February, when the stock was trading at $150 per share. Since then, the stock has traded about flat and missed out on much of the S&P 500’s rebound rally. Amid sharply rising user counts and fierce success in growing ad revenue, I’m reiterating my "B uy" rating on this stock. As a reminder for investors who are newer to Reddit, here are what I consider to be the core tenets of the bull case for this company: Entirely differentiated from other social media platforms. While Meta, Snap, and TikTok all compete for personal-profile social media users, Reddit is based on active discussion on topics of interest. This attractive user base, which tends to have high commercial intent, is also high-value to advertisers. Fierce user growth. The company is growing DAUs across all markets, in contrast to rivals that are more flat on a sequential and y/y basis. In particular, the company's use of machine translation to expand content to languages beyond English is opening up vast international markets. Sky-high gross margins. Reddit boasts 90%+ pro forma gross margins, which enables incredible economies of scale as the company continues to n...
The dollar index (DXY00) fell from a 6-week high on Wednesday and finished down by -0.24%. The dollar gave up an early advance on Wednesday and moved lower after comments from President Trump that the US was in the “final stages” with Iran, which knocked crude oil prices down by more than -5%, which lowered inflation expectations and could prompt the Fed to ease monetary policy, a negative for the...
The dollar index (DXY00) fell from a 6-week high on Wednesday and finished down by -0.24%. The dollar gave up an early advance on Wednesday and moved lower after comments from President Trump that the US was in the “final stages” with Iran, which knocked crude oil prices down by more than -5%, which lowered inflation expectations and could prompt the Fed to ease monetary policy, a negative for the dollar. Also, Wednesday’s stock rally reduced liquidity demand for the dollar. The minutes of the April 28-29 FOMC meeting were hawkish and supportive of the dollar as “many” policymakers called for the Fed to drop its easing bias and signal its next move could be an interest rate increase. Also, most of the meeting’s participants said that “some policy firming would likely become appropriate if inflation were to continue to run persistently above 2%.” Join 200K+ Subscribers: Swaps markets are discounting the odds at 7% for a 25 bp rate cut at the next FOMC meeting on June 16-17. EUR/USD (^EURUSD) recovered from a 6-week low on Wednesday and finished up by +0.23%. Short covering emerged in the euro today after the dollar gave up an early advance and turned lower. The euro also rose today after crude oil prices sank more than -5%, which is bullish for the Eurozone economy and the euro, as Europe imports most of its energy needs. ECB Governing Council member Pierre Wunsch said, “If the Iran conflict isn’t resolved by June, then I think the likelihood of an ECB rate hike is quite high.” Swaps are discounting an 82% chance of a +25 bp rate hike by the ECB at the next policy meeting on June 11. USD/JPY (^USDJPY) on Wednesday fell by -0.15%. The yen moved higher on Wednesday amid lower T-note yields. Also, Wednesday’s -5% plunge in crude oil prices benefits Japan’s economy and the yen, as Japan imports more than 90% of its energy. In addition, the yen found support on Wednesday’s comments from Japanese Finance Minister Satsuki Katayama, who indicated her resolve to intervene in ...
Intuit (INTU) came out with quarterly earnings of $12.8 per share, beating the Zacks Consensus Estimate of $12.48 per share. This compares to earnings of $11.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.59%. A quarter ago, it was expected that this maker of TurboTax, QuickBooks and other accounting software...
Intuit (INTU) came out with quarterly earnings of $12.8 per share, beating the Zacks Consensus Estimate of $12.48 per share. This compares to earnings of $11.65 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.59%. A quarter ago, it was expected that this maker of TurboTax, QuickBooks and other accounting software would post earnings of $3.66 per share when it actually produced earnings of $4.15, delivering a surprise of +13.39%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Intuit, which belongs to the Zacks Computer - Software industry, posted revenues of $8.56 billion for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 0.45%. This compares to year-ago revenues of $7.75 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Intuit shares have lost about 39.7% since the beginning of the year versus the S&P 500's gain of 7.4%. What's Next for Intuit? While Intuit has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings es...
Key Points Cameco’s mines are firing on all cylinders again as uranium prices soar. BWX’s nuclear “picks and shovels” business is booming. 10 stocks we like better than Cameco › The nuclear energy market cooled for roughly a decade after the Fukushima disaster in 2011, prompting many countries to pause their nuclear projects. But over the past few years, new decarbonization initiatives, safer nucl...
Key Points Cameco’s mines are firing on all cylinders again as uranium prices soar. BWX’s nuclear “picks and shovels” business is booming. 10 stocks we like better than Cameco › The nuclear energy market cooled for roughly a decade after the Fukushima disaster in 2011, prompting many countries to pause their nuclear projects. But over the past few years, new decarbonization initiatives, safer nuclear reactors, and the expansion of the AI, cloud, and data center markets have driven more companies to restart their nuclear energy projects. According to the International Energy Agency (IEA), the world's nuclear capacity could increase by more than 50% from 2025 to 2050. To capitalize on that trend, investors should look for nuclear companies that control crucial parts of the global nuclear energy supply chain. Two of those companies are Cameco (NYSE: CCJ) and BWX Technologies (NYSE: BWXT). Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Cameco Cameco, which mined roughly 15% of the world's uranium in 2025, is the world's second-largest uranium miner after Kazatomprom, Kazakhstan's national atomic company. It's based in Canada, and it operates mines across Canada, the U.S., and Kazakhstan. Cameco struggled for years after the Fukushima disaster in 2011. Uranium's spot price plunged from $62.25 per pound in 2011 to $35.00 in 2020, forcing Cameco to temporarily shut down its largest mines and mills. That reduced production throttled its revenue growth. But by the end of this April, uranium's spot price had bounced back to $86.35 per pound. Citi analysts expect it to rise as high as $125 per pound this year, as the resurgent interest in nuclear energy drives the demand for uranium to outstrip its supply. Cameco restarted its mines and mills to meet that soaring demand, but its supply remains tight. Cameco...
Lowe's CEO Warns Housing Market "Most Difficult" Since Financial Crisis As DIY Project Demand Crumbles Home improvement retailers such as Home Depot and Lowe's warned this week that consumers remain reluctant to splurge on big-ticket home improvement items , as elevated mortgage rates, high home prices, energy inflation, weakening sentiment, and broader macroeconomic uncertainty weigh on demand. L...
Lowe's CEO Warns Housing Market "Most Difficult" Since Financial Crisis As DIY Project Demand Crumbles Home improvement retailers such as Home Depot and Lowe's warned this week that consumers remain reluctant to splurge on big-ticket home improvement items , as elevated mortgage rates, high home prices, energy inflation, weakening sentiment, and broader macroeconomic uncertainty weigh on demand. Let's begin with Home Depot, which on Wednesday reported mixed first-quarter results. At the same time, management said on the conference call that it is not expecting a "marked improvement in underlying demand." Bernstein analyst Zhihan Ma pointed out that Home Depot's foot traffic has been negative for five straight quarters , underscoring the persistent downturn in the home improvement space. Ma maintained a "cautious outlook" and expects a "gradual path to a home improvement market rebound," as high mortgage rates and inflation in material costs do not help the " affordability hurdle for homeowners to engage with big-ticket discretionary projects ." Fast forward to Wednesday morning, and Lowe's reiterated its full-year forecasts but warned that households are dialing back big-ticket do-it-yourself projects. What caught our attention was Lowe's CEO Marvin Ellison, who warned analysts on an earnings call earlier that: I think overall this has been the most difficult housing market that I've faced in this business since the financial crisis . And as Brandon mentioned, it's almost exclusively or disproportionately on the DIY customer. That's the majority of where our revenue comes from. And so I look at it from this perspective, you know, we've delivered four quarters of positive comps in an environment where the DIY has faced more economic pressure than I've ever seen before. DIY softness comes as U.S. housing turnover sits at historic lows because of affordability woes , some of the worst in a generation, and elevated mortgage rates. Housing affordability for first-time ho...
Sonae, SGPS, S.A. press release ( SOSSF ):Q1 Consolidated turnover rose +7.1% to €2.7B this quarter, with solid contributions from all retail operations. Underlying EBITDA increased from €218M to €255M, with all retail companies contributing positively. Underlying EBITDA margin improved from 8.5% to 9.3%, driven by higher sales, improved gross margins, and further gains in operational efficiency. ...
Sonae, SGPS, S.A. press release ( SOSSF ):Q1 Consolidated turnover rose +7.1% to €2.7B this quarter, with solid contributions from all retail operations. Underlying EBITDA increased from €218M to €255M, with all retail companies contributing positively. Underlying EBITDA margin improved from 8.5% to 9.3%, driven by higher sales, improved gross margins, and further gains in operational efficiency. EBITDA grew by +€34M, from €250M to €284M, with the margin improving from 9.8% to 10.4%, supported by the strong underlying EBITDA performance. Overall, the net result attributable to the group reached €47M, up 11% year-on-year. • Consolidated net debt further decreased by €163M to €1.7B yoy. More on Sonae, SGPS, S.A. Sonae, SGPS, S.A. 2025 Q4 - Results - Earnings Call Presentation Sonae, SGPS, S.A. (SOSSF) Q4 2025 Earnings Call Transcript Sonae, SGPS, S.A. reports FY results Historical earnings data for Sonae, SGPS, S.A. Dividend scorecard for Sonae, SGPS, S.A.