The US Department of Defense (DoD) has awarded titanium metal and critical materials company IperionX (ASX:IPX,NASDAQ:IPX) a contract for up to US$47.1 million in funding. The strategic partnership will focus on strengthening the US Defense Industrial Base by accelerating the development of a resilient, low-cost and fully integrated American mineral-to-metal…
Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential effect of Chinese tariffs on its business, as executives said the company is shifting manufacturing away from China. Hasbro Chief Financial Officer Gina Goetter said on the company’s fourth-quarter earnings call that the toymaker’s 2025 guidance — which includes…
The TSX Venture Exchange has released its annual TSX Venture 50 ranking, recognizing the top-performing companies based on share price appreciation, market capitalization growth and Canadian trading value. Among this year’s top 10 are six companies from the mining and oil and gas sectors. Read on to learn about the…
The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that the Trump administration plans to take a friendlier approach to the broader crypto industry. In a release it titled ‘Righting a major wrong,’ the exchange, Coinbase, said SEC…
Executives at Meta stand to get bigger bonuses this year. The company said in a corporate filing Thursday that it had approved “an increase in the target bonus percentage” for its annual bonus plan for executives. Meta’s named executive officers could earn a bonus of 200% of their base salary under the new plan,…
Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during the fourth quarter. That beat Walmart’s sales for the period, which came in at $180.5 billion, the company reported on Thursday. Since 2012, Walmart has held the distinction of being the top…
Cameo wants workers back in the office more often, and it’s paying them each $10,000 to show up. Starting this week, workers at the celebrity video-greeting app are reporting into the company’s Chicago headquarters Monday through Thursday. In exchange, the roughly two dozen eligible employees can expect a $10,000 annual…
On Wednesday, the Federal Reserve released minutes from its January 28–29 meeting. There weren’t any surprises — the Fed wants to see inflation go lower before cutting interest rates again and would also like to see the impact of the new administration’s policies before making interest rate cut decisions. The…
It was another mildly bullish week as our major indices climbed very close to new, fresh all-time highs. We also saw a return to growth stocks as we approached breakout levels, which is a good signal as far as rally sustainability goes. Despite this, there remain reasons to be cautious…
Two buses in a parking lot reportedly exploded in Israel Thursday night in what appears to have been a terrorist attack. No one was injured. Several other bombs were reportedly discovered on other buses, according to TPS-IL, an Israeli news agency. Israeli officials have ordered all bus and train services…