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PG&E targets strong EPS growth to $2.33 by 2030 with no new equity issuance amid wildfire risk mitigation.

Market News
29 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

PG&E Corporation aims to grow its earnings per share to $1.65 by 2026 and $2.33 by 2030 without issuing new equity. The utility is investing heavily in wildfire risk reduction and infrastructure upgrades, including $15 billion in undergrounding power lines, to improve reliability and reduce risks. Its rate base is expected to grow 9% annually, supporting a dividend payout ratio above 20% and a potential 3% yield by 2030. Successful execution of these plans and continued customer service improvements are key to overcoming past challenges and achieving long-term returns.

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Plum Acquisition Corp. IV postpones shareholder meeting to July 10, extends redemption request deadline.

Plum Acquisition Corp. IV postpones shareholder meeting to July 10, extends redemption request deadline.

Plum Acquisition Corp. IV has postponed its extraordinary general meeting of shareholders from July 2 to July 10, 2026, to allow more time for shareholder engagement. Consequently, the deadline for shareholders to submit redemption requests has been ...

Company Fundamentals
Neutral
2 hours ago
Supreme Court rules government geofence data collection is a Fourth Amendment search.

Supreme Court rules government geofence data collection is a Fourth Amendment search.

The U.S. Supreme Court ruled in Chatrie v. U.S. that government collection of location data via geofence warrants constitutes a search under the Fourth Amendment. This decision overturns a lower court ruling and requires further review of whether the...

Market News
Neutral
3 hours ago
Raytech Holding closes $6.2M share offering to fund expansion in personal health care electronics.

Raytech Holding closes $6.2M share offering to fund expansion in personal health care electronics.

Raytech Holding Limited completed a registered direct offering of 3,149,832 ordinary shares at $1.97 each, raising approximately $6.2 million before fees. The funds will support the company's strategic growth into the personal health care electronics...

Company Fundamentals
Bullish
4 hours ago
Hub Group sued for securities fraud after misstating financials, stock drops sharply.

Hub Group sued for securities fraud after misstating financials, stock drops sharply.

Hub Group, a transportation and logistics company, is facing a securities fraud lawsuit after admitting to misstating its financial reports from 2023 to 2025, including understating costs by about $77 million. The revelations caused the company's sto...

Market News
Bearish
4 hours ago
Bitcoin's key on-chain metric signals cycle bottom as investors realize losses amid correction.

Bitcoin's key on-chain metric signals cycle bottom as investors realize losses amid correction.

A key on-chain bitcoin metric, the UTXO Block Profit/Loss Count Ratio, has triggered again, indicating that investors are realizing losses at a pace not seen earlier in the current correction. This signal, which has marked every bitcoin cycle bottom ...

Technical Signals
Neutral
4 hours ago
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