Alliance Global Partners maintained a 'Buy' rating on Vitesse Energy but lowered its price target from $25.00 to $22.50. The company reported a strong net income of $33.10 million for Q2 2026, but adjusted net income was only $1.80 million due to a large non-cash gain. Vitesse's stock trades near a 52-week low of $15.00, reflecting market caution. Despite this, the company continues to pay dividends and focuses on oil and gas production in the U.S., making it a potentially attractive investment with some risks.
Royal Caribbean is close to securing a $3 billion deal to acquire a 50% equity stake in Sandals, valuing the Caribbean resort chain at $6 billion. This move aims to expand Royal Caribbean's presence in land-based vacations, complementing its cruise b...
Moov has introduced Moov Money, a real-time peer-to-peer payment service developed with Visa and Mastercard. This solution allows users to send and receive money through their digital banking provider using any eligible Visa or Mastercard debit card,...
Apple is developing a new screen-less fitness tracker, described as a thin fabric band with sensors, to compete with Whoop. The product is still in the exploratory phase, with prototypes made, and is not expected to launch before 2028. This new devic...
Meta Platforms reported a 28% year-over-year revenue increase to $60.8 billion in Q2, surpassing expectations. The market's focus on Meta's slightly increased capital expenditures, mainly due to external component costs, overshadowed the company's em...
Saudi Arabia's electric vehicle startup Ceer, backed by the country's Public Investment Fund, has launched its first two EV models with plans for five more by 2030. Ceer aims to compete directly with Tesla and Chinese EV manufacturers, targeting a sh...
