Algoma Steel released its 2025 Sustainability Report highlighting the successful transition from blast furnace to electric arc furnace (EAF) steelmaking. This shift, marked by the start-up of the first EAF unit in July 2025 and ceasing blast furnace operations in January 2026, is Canada's largest industrial decarbonization project. The transition is expected to reduce Algoma's carbon emissions intensity by about 70%, positioning the company as a leader in low-carbon steel production for North America and global markets. The company plans to continue expanding EAF capacity and maintain its focus on sustainability and long-term value creation.
EOG Resources surged with crude oil prices hitting $114.58 in early 2026 but faces risks as geopolitical premiums fade, shown by a 44% net income drop in 2025 and rising debt. In contrast, Kinder Morgan, a $73.7 billion pipeline company, provides ste...
Hyperliquid's weekly revenue surpassed $20.22 million in early June 2026, breaking a multi-month consolidation phase where revenue ranged between $8 million and $15 million. This rebound reflects renewed momentum in derivatives trading, particularly ...
Medicus Pharma has filed a registration study with the FDA for its SkinJect treatment aimed at Gorlin syndrome, a rare disorder causing multiple basal cell lesions. This step could lead to commercialization if positive results support a New Drug Appl...
Fidelity is steering away from bonds issued by major tech companies like Amazon, Alphabet, Meta, Microsoft, and Oracle, which are raising hundreds of billions to fund AI infrastructure. Despite strong credit ratings, these bonds offer minimal yield p...
Strategy Bitcoin treasury evolved from a cautious approach of allocating only 5-10% of the balance sheet to Bitcoin, as initially preferred by CEO Phong Le, to a full balance sheet Bitcoin exposure advocated by Michael Saylor. Over time, Phong Le ack...
