G50 Corp. Limited has secured commitments to raise approximately US$18.23 million through a private placement priced at A$0.595 per share, led by cornerstone investor Hancock Prospecting with a US$5.52 million commitment. The funds will accelerate exploration activities at the Golconda Project in Arizona and the White Caps Project in Nevada, focusing on drilling, geological studies, and permitting. Recent drilling at Golconda confirmed expanding gold, silver, and gallium mineralization, highlighting the projects' potential. Settlement is expected by August 4, 2026, supporting G50's growth in critical minerals and precious metals mining.
United Natural Foods (UNFI) is set to report Q4 earnings with revenue expected around $7.71 billion, a slight 1.6% decline from last year due to network optimization. Despite the revenue drop, EPS is forecasted to rise sharply to $0.61-$0.62, a signi...
Oracle reported strong fiscal 2026 results with 17% revenue growth to $67 billion and a 36% net income increase, driven by a 75% surge in its cloud infrastructure segment. Despite a recent 55% stock price drop from its peak, Morgan Stanley raised Ora...
RBC Capital increased its price target for cybersecurity firm Zscaler to $210, maintaining an "Outperform" rating due to the company's strong financial results and AI innovation. Zscaler reported a 25% rise in revenue and Annual Recurring Revenue, su...
Lululemon Athletica's shares fell about 18% after the company lowered its full-year financial forecast for the second time, reflecting ongoing challenges. In Q2 2026, total net revenue dropped 4% to $2.40 billion, with a 10% fall in comparable sales ...
Teva Pharmaceutical Industries received a boost as UBS reaffirmed its "Buy" rating and raised the price target to $48, up from $36.62. This follows positive Phase 2a clinical trial results for TEV '408, a drug showing significant prevention of intest...
