Friday, April 10

Business

New resource provides guiding principles for development of credible, comparable sustainable finance frameworks to help mobilize capital – United Nations Environment – Finance Initiative
Business

New resource provides guiding principles for development of credible, comparable sustainable finance frameworks to help mobilize capital – United Nations Environment – Finance Initiative

Partners in the Taxonomy Roadmap Initiative share the Principles for Taxonomy Interoperability As COP30 gets underway in Brazil, partners in the Taxonomy Roadmap Initiative* have shared a new global resource to help UN member states and regulators design and implement sustainable finance taxonomies. The new Principles for Taxonomy Interoperability provide guidance to policymakers to help them ensure that taxonomies—which are key policy tools for mobilizing sustainable finance—are usable, credible and comparable across borders. Sustainable finance taxonomies are powerful policy instruments for both emerging and developed markets, enabling the financial sector, policymakers, regulators and other stakeholders to share common understandings of which economic activities are contributing to env...
Dow, S&P 500, Nasdaq inch up after shutdown optimism sparks Wall Street rally
Business

Dow, S&P 500, Nasdaq inch up after shutdown optimism sparks Wall Street rally

US stock futures inched up Monday night as investors took a breather following a rally fueled by optimism that Washington may soon end the record-breaking government shutdown. Futures attached to the Dow Jones Industrial Average (YM=F) hovered above the baseline. Contracts on the S&P 500 (ES=F) rose 0.1%, and the tech-heavy Nasdaq 100 (NQ=F) crept up 0.2%. All three major indexes advanced sharply to start the week. The Nasdaq Composite (^IXIC) surged 2.3% in its largest single day gain since late May as investors piled back into artificial intelligence names following last week’s tech sell-off. The rebound came as lawmakers appeared closer to striking a deal to reopen the federal government. The Senate looked set to vote Monday evening on a bipartisan funding measure that woul...
CoreWeave flags hit from data center delay, shares fall
Business

CoreWeave flags hit from data center delay, shares fall

(Reuters) -Nvidia-backed CoreWeave trimmed annual revenue forecast on Monday, hurt by a delay at a third-party data center partner, ​taking the shine off a strong September quarter driven by burgeoning demand for AI ‌cloud services. Its shares fell more than 6% in extended trading, after Chief Financial Officer Nitin Agrawal forecast 2025 ‌revenue between $5.05 billion and $5.15 billion. That was lower than CoreWeave's previous projection of $5.15 billion to $5.35 billion, and analysts' estimate of $5.29 billion, according to data compiled by LSEG. The customer affected by the delay, however, agreed to extend ⁠the contract's expiration date, ‌keeping the deal's total value intact, the company said without disclosing its name. CoreWeave has cemented its position as a key infrastr...
Rocket Lab Announces Third Quarter 2025 Financial Results, Posts Record Quarterly Revenue of $155m, Representing 48% Year-on-Year Growth at Record Gross Margin
Business

Rocket Lab Announces Third Quarter 2025 Financial Results, Posts Record Quarterly Revenue of $155m, Representing 48% Year-on-Year Growth at Record Gross Margin

Rocket Lab Corporation LONG BEACH, Calif., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab”, “the Company”, “we,” “us,” or “our”), a global leader in launch services and space systems, today shared the financial results for fiscal third quarter ended September 30, 2025. Rocket Lab founder and CEO, Sir Peter Beck, said: “This past quarter we’ve once again delivered record revenue of $155m at record GAAP gross margin of 37%, and a new annual launch record is just days away. With progress across our major space systems programs, record backlog of contracts for our launch services business, and well-timed, strategic M&A in growth areas that are well-aligned with next-generation defense programs like Golden Dome and the Space Development Agency’s ...
CoreWeave narrows Q3 loss, tops revenue estimates
Business

CoreWeave narrows Q3 loss, tops revenue estimates

00:00 Speaker A We're turning now to Core Weave. That company just reports third quarter results. Let's take a quick look at those numbers. Uh, Q3, let's see, loss per share 22 cents. The estimate was a loss per share of 57 cents. Uh, adjusted operating income, 217.2 million. The street was closer to 177.2 million. Just looking for the top line here. There it is, Q3 revenue, 1.36 billion. Consensus was at 1.29 billion. 00:27 Speaker A For uh adjusted EBITDA margins in the quarter, those clock in at 61%. Consensus was close to 62.3%. Just looking at least the initial reaction here in the after hours. We're not doing a whole much down about 8/10th of a percent. 00:43 Speaker A The stock action in this one has been interesting because it was up big heading into t...
Did a $300 Million Tier 2 Note Offering Just Shift First Financial Bancorp’s (FFBC) Investment Narrative?
Business

Did a $300 Million Tier 2 Note Offering Just Shift First Financial Bancorp’s (FFBC) Investment Narrative?

First Financial Bancorp recently completed the pricing of a US$300 million offering of fixed-to-floating rate subordinated notes due 2035, intended to qualify as Tier 2 regulatory capital. This move signals a proactive approach to capital management, as the firm may use proceeds to redeem its earlier subordinated notes and enhance financial flexibility. We'll examine how this significant capital raise could influence First Financial Bancorp’s investment outlook and balance sheet strength. The end of cancer? These 29 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. To be a shareholder in First Financial Bancorp, you would need to have confidence in the bank’s ability to grow earnings through oper...
Chime Financial (CHYM) Surpasses Its Guidance for Q3 2025, Reports 29% YoY Revenue Growth
Business

Chime Financial (CHYM) Surpasses Its Guidance for Q3 2025, Reports 29% YoY Revenue Growth

With significant upside potential and hedge fund interest, Chime Financial, Inc. (NASDAQ:CHYM) secured a spot on our list of the 15 stocks set to explode in 2026. Chime Financial (CHYM) Surpasses Its Guidance for Q3 2025, Reports 29% YoY Revenue Growth On November 5, 2025, Chime Financial, Inc. (NASDAQ:CHYM) reported Q3 2025 results. This quarter surpassed the company’s guidance, helping Chime Financial, Inc. (NASDAQ:CHYM) lift its full-year outlook, amid rising utilization of fintech for everyday banking. With 65% growth in platform-related revenue and 16% in payments, CHYM recorded a 29% year-over-year increase in its revenue, bringing it to $544 million. Meanwhile, gross profit hit $474 million, resulting in an 87% margin, while adjusted EBITDA climbed to $29 million, he...
RBC Capital Remains Bullish on Bread Financial Holdings (BFH) Amid Stable Outlook
Business

RBC Capital Remains Bullish on Bread Financial Holdings (BFH) Amid Stable Outlook

Bread Financial Holdings, Inc. (NYSE:BFH) is included in our list of the 12 deep value stocks to invest in. RBC Capital Remains Bullish on Bread Financial Holdings (BFH) Amid Stable Outlook On October 24, 2025, RBC Capital raised its price target on Bread Financial Holdings, Inc. (NYSE:BFH) from $64 to $70, maintaining a “Sector Perform” rating. The investment firm’s revised target reflected improving credit trends, another modest reserve release, and a stable outlook. The revision was also attributed to the consistency shown in the company’s quarterly results. On the previous day, Bread Financial Holdings, Inc. (NYSE:BFH) reported its Q3 2025 results. The company surpassed analyst expectations with EPS of $4.02, compared to a forecast of $2.19. The increase in net income...