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Rising Oil Prices Pressure Bond Market Again
The Wall Street Journal16d agoneutral
Rising Oil Prices Pressure Bond Market Again

Higher energy prices are reigniting inflation concerns, pushing global government bond yields upward. The benchmark 10-year Treasury yield rose to 4.729% this morning, according to Tradeweb, within striking of its year-to-date closing peak of 4.

Barrick Mining appoints Sebastiaan Bock to lead Rest of World operations
InvestorsHub16d agoneutral
Barrick Mining appoints Sebastiaan Bock to lead Rest of World operations

Barrick Mining Corporation (NYSE:B) has appointed Sebastiaan Bock as Chief Executive Officer, Rest of World, giving him responsibility for the company’s gold and copper operations and projects outside North America. The appointment takes effect immediately, with Bock reporting directly to Barrick President and Chief Executive Officer Mark Hill.

Riot Says Massive AI Data Center Deal Could Top $1 Billion In Annual Rent
Benzinga16d agoneutral
Riot Says Massive AI Data Center Deal Could Top $1 Billion In Annual Rent

Riot Platforms, Inc. (NASDAQ:RIOT) stock traded higher Tuesday after the company reported second-quarter results after Monday’s market close. The rally may also have been supported by short-covering activity, with nearly 15% of the public float sold short. Second-Quarter Earnings Revenue rose 14% year over year to $174.2 million, beating the $152.1 million analyst estimate. Riot reported an adjusted EBITDA loss of $69.7 million, compared with adjusted EBITDA of $495.3 million a year earlier. The

Bloomberg16d agoneutral
‘Beverly Hills, 90210’ School Faces Crisis With Shrinking Enrollment, Rising Costs

(Bloomberg) -- With its verdigris copper bell tower, the 90-year-old Alexander Hamilton High School in West Los Angeles encapsulates many of the Los Angeles Unified School District’s woes.Most Read from BloombergChina Unleashes $28 Trillion Capital Markets to Challenge US in AINvidia Taps Wall Street for $500 Billion Funding CommitmentTrump Makes Sweeping New Demands on Iran as Deal Hopes DimStocks Churn as Hormuz Standoff Spurs Rally in Oil: Markets WrapFive Takeaways From Zuckerberg’s 6,500-Wo

Is AbCellera Biologics (ABCL) Fully Valued After Its 172% Run?
Simply Wall St.16d agoneutral
Is AbCellera Biologics (ABCL) Fully Valued After Its 172% Run?

AbCellera Biologics stock has surged year to date, yet the company scores poorly on broad valuation checks and currently screens as expensive on market multiples. After a strong run supported by positive clinical news, investors are weighing whether the recent share price strength already reflects much of the good news. Year to date, AbCellera Biologics has delivered a very large 172.3% return, which puts extra focus on whether the current price offers enough margin for error. The recent...

Teradyne (TER) Lands A US$1b Credit Line After A Narrative That Still Says Undervalued
Simply Wall St.16d agoneutral
Teradyne (TER) Lands A US$1b Credit Line After A Narrative That Still Says Undervalued

Teradyne (TER) has arranged a new five year senior secured revolving credit facility of up to US$1.0b, giving the company additional funding flexibility for working capital and general corporate purposes without currently drawing on it. See our latest analysis for Teradyne. Teradyne’s share price has seen short term pressure, with a 1 day share price return that declined 3.75%. However, momentum over the year remains strong, highlighted by a year to date share price return of 75.90% and a...