Rio Tinto Group took majority control of Canada’s Nemaska Lithium as part of a push to invest more in Quebec projects tied to the battery metal, according to people familiar with the matter. The mining giant made several investments to bring its stake up to 54% of Nemaska, the people said, asking not to be identified because the matter is still private. Investissement Quebec , the financial arm of...
Rio Tinto Group took majority control of Canada’s Nemaska Lithium as part of a push to invest more in Quebec projects tied to the battery metal, according to people familiar with the matter. The mining giant made several investments to bring its stake up to 54% of Nemaska, the people said, asking not to be identified because the matter is still private. Investissement Quebec , the financial arm of the Quebec government, remains a minority shareholder and is expected to inject $200 million into the company to help fund its growth, the people said. Rio Tinto got an initial 50% stake in Nemaska through its $6.7 billion acquisition of Arcadium Lithium Plc, which closed about a year ago. The global mining company expects to invest about $300 million in 2026 in its Quebec lithium business, with plans for larger outlays in the few years after that. That includes advancing its Galaxy hard rock lithium development in the James Bay region, an open-pit mine that would have an estimated life of 15 to 20 years. Lithium is an important material that allows batteries to store more energy per unit of weight. The new investments will help finish a project in Becancour, Quebec, to convert spodumene concentrate into lithium hydroxide — a key material in the production of batteries for electric vehicles. Production is expected to start in 2028 in Becancour. Nemaska entered a long-term supply agreement with Ford Motor Co. in 2023. Rio Tinto declined to comment on its ownership and investment plans, and said that both the Galaxy project and Nemaska’s Whabouchi mine, also in northern Quebec, are still under review. The firm said in a strategic update in December that it expects to spend $1 billion annually over three years on lithium growth in Canada and Argentina, and more than double its lithium production capacity to about 200,000 metric tons per year of lithium carbonate by 2028. Becancour’s output would be about 32,000 metric tons per year.
Electric cars have had a difficult run during the past few years. According to Cox Automotive, although 2024 was the best year ever for electric vehicle (EV) sales in the U.S. market, with 1.3 million EVs sold, the pace of sales growth has slowed and stagnated since 2023. Federal government-backed EV sales tax incentives were removed in October 2025. This led total EV sales to plummet in the fourt...
Electric cars have had a difficult run during the past few years. According to Cox Automotive, although 2024 was the best year ever for electric vehicle (EV) sales in the U.S. market, with 1.3 million EVs sold, the pace of sales growth has slowed and stagnated since 2023. Federal government-backed EV sales tax incentives were removed in October 2025. This led total EV sales to plummet in the fourth quarter, down 46% compared to the third quarter and down 36% year over year. In 2025, electric vehicles had 7.8% market share of total U.S. vehicle sales, down from 8.1% in 2024. Image source: Rivian. Continue reading
Group4 Studio/E+ via Getty Images Introduction The last time I covered Rollins ( ROL ), I highlighted their strong growth potential in a fragmented market and solid financials, but ended up rating them a Hold as the valuation at a P/FCF ratio of ~45 was very high given the risks. With the stock recently crashing ~15% following a slight miss on earnings, my opinion on Rollins remains the same: a ve...
Group4 Studio/E+ via Getty Images Introduction The last time I covered Rollins ( ROL ), I highlighted their strong growth potential in a fragmented market and solid financials, but ended up rating them a Hold as the valuation at a P/FCF ratio of ~45 was very high given the risks. With the stock recently crashing ~15% following a slight miss on earnings, my opinion on Rollins remains the same: a very strong company that can certainly expand a lot more and keep delivering double-digit growth rates in virtually everything, but a stock price that leaves very little room for error, reiterating their Hold rating. Internal Developments Rollins IR Rollins reported a very strong 2025, with double-digit growth in revenue, Adjusted EPS and free cash flow, continuing their expansion with 26 new acquisitions, although they missed the market’s expectations and the stock crashed quite a bit on earnings day. Rollins IR This $650 million free cash flow includes a hit in Q4 as a result of short-term weather impacts and a $21.71 million hit from delayed income tax payments, but they still delivered a 12.1% increase in 2025 compared to 2024, sustaining their 11% dividend increase. As a note, even if we assume that the Q4 free cash flow would’ve been flat in 2025 compared to 2024 (no growth), that would’ve been another ~$25 million added to the $650 million, bringing the YoY increase to an even better ~16.38% instead, and a slightly better result on a per share basis. Meanwhile, the company spent about $327.9 million on dividends and $216.86 million, for a combined yield of ~1.95% based on current levels (assuming they remain flat, which likely won’t be the case), for a payout ratio of about 83.81% last year. Rollins IR As for the guidance, Rollins sees about 7% to 8% organic revenue growth in 2026 plus another 2% to 3% from more mergers and acquisitions, with an improved Adj. Incremental EBITDA margin and strong expectations for the medium-term, which continues to prove their strong pe...
Seeking Alpha More on SolarEdge Technologies SolarEdge Is A Hold Until Margins Actually Come Back (Rating Downgrade) SolarEdge Technologies: Ready For A Brighter Future SolarEdge Technologies beats top-line and bottom-line estimates; initiates Q1 outlook Seeking Alpha’s Quant Rating on SolarEdge Technologies Historical earnings data for SolarEdge Technologies
Seeking Alpha More on SolarEdge Technologies SolarEdge Is A Hold Until Margins Actually Come Back (Rating Downgrade) SolarEdge Technologies: Ready For A Brighter Future SolarEdge Technologies beats top-line and bottom-line estimates; initiates Q1 outlook Seeking Alpha’s Quant Rating on SolarEdge Technologies Historical earnings data for SolarEdge Technologies
(RTTNews) - Tech major Google, affiliated to Alphabet Inc. (GOOG), announced Wednesday the America-India Connect initiative, as part of its global partnerships, research, investment and innovation to ensure AI benefits reached everyone.
(RTTNews) - Tech major Google, affiliated to Alphabet Inc. (GOOG), announced Wednesday the America-India Connect initiative, as part of its global partnerships, research, investment and innovation to ensure AI benefits reached everyone.
your_photo/iStock via Getty Images TTM Technologies ( NASDAQ: TTMI ) has been transforming from a traditional printed circuit board ( PCB ) manufacturer into a critical supplier for AI‑driven hardware infrastructure, defense systems, and high‑performance electronics. Over the past year, the stock has generated extraordinary returns — more than 260% year‑over‑year — and has captured the attention o...
your_photo/iStock via Getty Images TTM Technologies ( NASDAQ: TTMI ) has been transforming from a traditional printed circuit board ( PCB ) manufacturer into a critical supplier for AI‑driven hardware infrastructure, defense systems, and high‑performance electronics. Over the past year, the stock has generated extraordinary returns — more than 260% year‑over‑year — and has captured the attention of Wall Street analysts who now rate it a Strong Buy while still having significant upside projected for the future. Seeking Alpha analysts have a "Buy" rating on the company, while Seeking Alpha quant has a 'Strong Buy' rating. Seeking Alpha In this article we'll look at the company’s fundamentals, future prospects, strategic positioning, and valuation. Seeking Alpha What TTMI is and does TTM Technologies is a U.S.-based manufacturer specializing in high‑performance electronics for data centers and industrial applications, microelectronic assemblies, mission‑critical systems for aerospace and defense, printed circuit boards (PCBs), and RF and microwave components The company operates through two primary segments: printed circuit boards, which drives most of the company's revenue. It includes a wide variety of products, layout design, simulations, and testing services. The second major segment is RF & Specialty Components, which includes RF components, microelectronics and microwave assemblies. While generating less revenue, it is a fast-growing segment of the company. As for geographically, approximately 50% of its revenue comes from the U.S. market, with the other half primarily coming from global markets in aerospace, defense, industrial, and networking. Latest earnings In its l atest earnings report for Q4, 2025 , the company produced revenue of $774.3 million, up 18.8% year-over-year, beating expectations by $21.34 million. In Q4 of 2024, the company generated revenue of $651.00 million. GAAP net income was $50.7 million, or $048 per diluted share. Non-GAAP EPS came in ...
Mark Zuckerberg takes the stand today in a trial over whether social media companies are fueling the teen mental health crisis. And, Tricia McLaughlin is leaving the Department of Homeland Security. (Image credit: Saul Loeb)
Mark Zuckerberg takes the stand today in a trial over whether social media companies are fueling the teen mental health crisis. And, Tricia McLaughlin is leaving the Department of Homeland Security. (Image credit: Saul Loeb)
(RTTNews) - Travel + Leisure Co. (TNL), a leisure travel company, on Wednesday reported a net loss for the fourth quarter, mainly due to higher expenses. However, the company recorded an increase in revenue, helped by 5% tour growth and 2% volume per guest growth.
(RTTNews) - Travel + Leisure Co. (TNL), a leisure travel company, on Wednesday reported a net loss for the fourth quarter, mainly due to higher expenses. However, the company recorded an increase in revenue, helped by 5% tour growth and 2% volume per guest growth.
Milano Cortina has cutting‑edge replays, chase‑cam drones and exuberant commentary bringing a wave of unexpected nostalgia for anyone who grew up on 90s extreme‑sports games • Don’t get Pushing Buttons delivered to your inbox? Sign up here As someone whose childhood holidays consisted of narrowboating along the Grand Union canal or wandering the harbour-side at Whitby looking for vampires, I hav...
Milano Cortina has cutting‑edge replays, chase‑cam drones and exuberant commentary bringing a wave of unexpected nostalgia for anyone who grew up on 90s extreme‑sports games • Don’t get Pushing Buttons delivered to your inbox? Sign up here As someone whose childhood holidays consisted of narrowboating along the Grand Union canal or wandering the harbour-side at Whitby looking for vampires, I have never been on a skiing break. The idea of plummeting down a hill on anything but a plastic sledge is totally alien to me. And yet, my wife and I have been gripped by the Winter Olympics, especially the snowboarding and freestyle skiing events. And I think I know why. Those events are really channelling the look and feel of the wintery sports sims I’ve always loved – especially those that arrived during a golden period in the mid-1990s. This was the era in which snowboarding was exploding in popularity, especially among twentysomethings with disposable incomes and no responsibilities – which coincidentally was the games industry’s target market at the time. Perhaps the first title to take advantage of this trend was Namco’s 1996 arcade game Alpine Surfer, which challenged players to stand on a snowboard-shaped controller and swoop as quickly as possible down a mountainside – it was one of the most physically exhausting coin-ops I ever played. Later that year came the self-consciously hip PlayStation sim Cool Boarders, and then in 1998, my absolute favourite, 1080° Snowboarding on the N64, with it’s intuitive analog controls and incredibly authentic sound effects of boards cutting through deep, crisp snow. Continue reading...
Jefferies is standing by its bullish stance on Rush Street Interactive . The investment firm reiterated the online casino and sports betting company at a buy rating. Analyst David Katz lifted his price target by $1 to $30. Shares of Rush Street have added 6% over the past 12 months but have slipped 13% this year. Katz's revised price forecast implies an upside of 77% from the stock's Tuesday closi...
Jefferies is standing by its bullish stance on Rush Street Interactive . The investment firm reiterated the online casino and sports betting company at a buy rating. Analyst David Katz lifted his price target by $1 to $30. Shares of Rush Street have added 6% over the past 12 months but have slipped 13% this year. Katz's revised price forecast implies an upside of 77% from the stock's Tuesday closing price of $16.94. RSI 1Y mountain RSI 1Y chart Rush Street on Tuesday reported a fourth-quarter revenue beat and shared strong full-year earnings guidance that surpassed what analysts polled by FactSet had expected. Katz wrote that the report and guidance show Rush Street is the "easy-to-own name in digital gaming." "We expect the continued upward progression in revenues at mid-high-teens rate and reasonably solid flow-through of more than 1.5X, with the partial offset of outsized G & A growth in 2026. The continued stability of beating and raising expectations compared with peers drives our sustained bullish stance on the shares," he said. Katz noted that while his forecasting has generally been more towards the higher end of the guided range, Rush Street's results have consistently outperformed. The analyst noted additional catalysts from the company's earnings call, including newer opportunities in currently untapped markets. "Mgt. continues to monitor predictions markets as an opportunity but has not taken definitive action as of yet," he wrote. "The LATAM opportunity continues to have a high ceiling, notably in Mexico, which still represents a modest portion of the business but is growing at an outsized rate (100% Y/Y for three quarters in a row) with a very large population."
(RTTNews) - Cencora, Inc. (COR) Covetrus, a global animal health technology and services company, Wednesday announced an agreement to merge the latter with MWI Animal Health, creating a combined company offering a comprehensive animal health platform.
(RTTNews) - Cencora, Inc. (COR) Covetrus, a global animal health technology and services company, Wednesday announced an agreement to merge the latter with MWI Animal Health, creating a combined company offering a comprehensive animal health platform.
Check out the companies making headlines before the bell. Nvidia — The chipmaker ticked up 2% after Meta expanded its partnership with Nvidia to use millions of the company's AI chips, including standalone central processing units, for its data center build-out. The New York Times Company — The stock rose 3% after Warren Buffett's Berkshire Hathaway disclosed a new position in The New York Times i...
Check out the companies making headlines before the bell. Nvidia — The chipmaker ticked up 2% after Meta expanded its partnership with Nvidia to use millions of the company's AI chips, including standalone central processing units, for its data center build-out. The New York Times Company — The stock rose 3% after Warren Buffett's Berkshire Hathaway disclosed a new position in The New York Times in a new securities filing showed. Palo Alto Networks — Shares of the cybersecurity company tumbled 6% after Palo Alto issued a weak earnings forecast for the current quarter. The company sees adjusted earnings for the fiscal third quarter ranging from 78 cents to 80 cents per share, while the LSEG consensus sought 92 cents per share. Cadence Design Systems — The computational software company's shares advanced 7%. Cadence Design sees full-year adjusted earnings ranging from $8.05 to $8.15 per share, while the LSEG consensus called for $8.05 per share. The company also said its year-end backlog for 2025 was a record $7.8 billion, adding that it expects to recognize $3.8 billion in revenue in the next 12 months from remaining performance obligations. Caesars Entertainment — Shares rose 6% after the casino operator beat on its fourth-quarter financial results. Revenue for the three-month period came in at $2.92 billion, surpassing the LSEG consensus estimate of $2.89 billion. Caesars Digital adjusted EBITDA for the period came in at $85 million, compared with $20 million a year ago. Axcelis Technologies — The stock plunged 12% after the semiconductor solutions firm issued lower-than-expected guidance for its first-quarter results. The company sees earnings of 71 cents per share excluding some items for the first quarter. That's well below analysts' consensus estimate of $1.01 earnings per share, FactSet data shows. The firm also expects revenue to come in at $195 million, or lower than the Street's consensus forecast of $207.2 million. Palantir — The software firm was up 3% af...
Indian Prime Minister Narendra Modi and French President Emmanuel Macron have upgraded their countries’ defence ties, a move analysts say signals New Delhi’s drive to curb dependence on foreign arms imports while cementing a closer security relationship with Paris in an increasingly contested Indo-Pacific. The two leaders renewed a 10-year defence cooperation agreement and elevated ties to a “Spec...
Indian Prime Minister Narendra Modi and French President Emmanuel Macron have upgraded their countries’ defence ties, a move analysts say signals New Delhi’s drive to curb dependence on foreign arms imports while cementing a closer security relationship with Paris in an increasingly contested Indo-Pacific. The two leaders renewed a 10-year defence cooperation agreement and elevated ties to a “Special Global Strategic Partnership” on Tuesday, unveiling more than 20 areas of expanded cooperation...