This transaction was part of a pre-established Rule 10b5-1 sales plan, which Gates adopted on August 30, 2024, to fulfill tax obligations related to the vesting of restricted stock units. Following this sale, Gates retains ownership of 815,722 shares of NextNav stock. With a market capitalization of $2.12 billion, InvestingPro analysis suggests the stock is currently trading above its Fair Value. Investors can access detailed valuation metrics and 13 additional ProTips for NextNav through InvestingPro’s comprehensive research platform. With a market capitalization of $2.12 billion, InvestingPro analysis suggests the stock is currently trading above its Fair Value. Investors can access…
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A pair of experts have voiced concerns over three forest carbon credit (REDD) methodologies that were recently approved by the Integrity Council for the Voluntary Market (ICVCM) and have left the expert panel that is tasked with ensuring their robustness.The ICVCM represents a broad cross-section of the voluntary carbon market (VCM) ecosystem with representatives from NGOs, carbon market technology, UN policy experts, sustainability professional, corporates, scientists and local communities.The organization has developed the Core Carbon Principles (CCPs) in an attempt to raise the bar for carbon credits and set up a global benchmark that generates trust in buyers across the…
These sales were executed through entities associated with Vavilovs, including Bitfury Top HoldCo B.V. and V3 Holding Ltd. Following the transactions, the entities collectively hold approximately 97.5 million shares of Cipher Mining (NASDAQ:).The report provides insight into the ownership structure of Cipher , with multiple entities and individuals having interconnected holdings. Vavilovs, through his affiliations, maintains a significant stake in the company despite the recent sales.Investors may find this activity noteworthy, as it reflects changes in the holdings of a key stakeholder in Cipher Mining, a player in the crypto asset sector. According to InvestingPro analysis, the company maintains strong…
Stocks were clobbered Wednesday after the Federal Reserve, despite slashing interest rates by 25 basis points, signaled it would cut fewer times next year than previously projected. All three major reversed gains following the decision to end with steep losses. The Dow Jones Industrial Average (^DJI) was down about 2.6%, or over 1,000 points, clinching its 10th straight down session, the longest losing streak since 1974. Meanwhile, the S&P 500 (^GSPC) fell roughly 3%, and tech-heavy Nasdaq Composite (^IXIC) slid more than 3.5%. Ten Fed officials estimated two interest rate cuts next year, fewer than four seen in September, as…
Investing.com – Micron (NASDAQ: ) reported first quarter EPS of $1.79, $0.06 better than the analyst estimate of $1.73. Revenue for the quarter came in at $8.71B versus the consensus estimate of $8.68B. Guidance Micron sees Q2 2025 EPS of $1.33-$1.53 versus the analyst consensus of $1.97. Micron sees Q2 2025 revenue of $7.70B-$8.10B versus the analyst consensus of $8.97B. Micron’s stock price closed at $103.90. It is up 14.30% in the last 3 months and up 26.45% in the last 12 months. Micron saw 16 positive EPS revisions and 8 negative EPS revisions in the last 90 days. See…
More than half, 51%, of singles say they’d move in with a partner sooner than planned to save money, according to a new eharmony report.And it’s no wonder. Financial experts’ rule-of-thumb is that your housing costs shouldn’t exceed 30% of your income. However, almost half of renters in America reported spending more than that in 2023, according to a recently published U.S. Census report.If someone you like is willing to ease some of that financial strain, it’s hard to say “no.”However, moving in with someone is a significant step and probably shouldn’t be made for money reasons, Jessica Small, a…
By David Lawder WASHINGTON (Reuters) -The World Bank said on Wednesday its executive board approved $2.05 billion in Development Policy Operation funding for Ukraine that includes the first grant from a new $20 billion U.S. loan fund for Kyiv that is backed by income from frozen Russian sovereign assets. The new package aimed at boosting Ukraine’s financial and economic stability also includes World Bank financing of $1.05 billion that is enhanced with loan guarantees from a trust fund supported by Japan and Britain, the World Bank said in a statement. The U.S. Treasury last week transferred the $20 billion in…
NYK has signed a deal with ENEOS that will see it purchase marine fuel with CO2 removal credits created through direct air capture with carbon storage.ENEOS will procure the credits from 1PointFive’s STRATOS Direct Air Capture plant in Texas which is scheduled to commence operations in 2025. The credits are generated by removing CO2 from the atmosphere and storing it underground.ENEOS will then sell these credits, along with the marine fuel it supplies, to NYK for five years starting in 2028.ENEOS launched its carbon offset fuel in January 2024. Source link
In Wednesday’s trading session, stocks across various market cap ranges have experienced significant movements, with Nvidia Corp (NASDAQ:) and Jabil Circuit (NYSE:) leading the pack among mega-cap and large-cap categories, respectively. These intra-day stock movements reflect the latest news and market dynamics affecting investor sentiment and stock valuations. Mega-Cap Movers (Market Cap $200B+):Nvidia Corp (NVDA): +3.78%; a notable climb in today’s market. United Health Group (NYSE:): +3.39%; showing resilience with a positive uptick. Avago Technologies (NASDAQ:): -3.78%; facing a dip amidst today’s trading. Large-Cap Stock Movers (Market Cap $10B-$200B):Jabil Circuit (JBL): Earnings beat estimates, guidance raised; +8.58%. Snap Inc (NYSE:):…
Jeffrey Brown, Vice President of US Alliance Corp (OTC:USAC), recently acquired 6,000 shares of restricted common stock at a price of $1 per share, totaling $6,000. The company, currently valued at $2.66 billion, has shown strong financial performance with a notable 9.37% dividend yield that has been maintained for seven consecutive years, according to InvestingPro data. This transaction took place on December 17, 2024, and increased Brown’s total holdings to 76,000 shares. The purchase reflects a direct ownership interest in the company. With analyst price targets ranging from $23 to $27 and expected net income growth this year, investors can…