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Trio-Tech International Receives Additional Orders for Burn-in Boards

Trio-Tech International (TRT) said Tuesday it received $3.8 million worth of additional orders for burn-in boards to support an AI graphics processing unit platform.The company said it will expand its footprint in Malaysia via a new lease for an additional 104,000 square feet in Perai, Penang, expected to boost capacity for AI testing services.Price: $9.54, Change: $-0.32, Percent Change: -3.25%

$TRT

Equities11d ago

UBS Adjusts Price Target on Ovintiv to $74 From $71, Maintains Buy Rating

Ovintiv Inc (OVV) has an average rating of buy and mean price target of $72.81, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $60.04, Change: $-0.04, Percent Change: -0.07%

$OVV

International11d ago

July US Consumer Confidence Falls on Decline in Current Conditions, Expectations Unchanged

The Conference Board's measure of consumer confidence decreased to 90.8 in July from 92.2 in June, below a reading of 92.4 expected in a survey compiled by Bloomberg.The present situation reading fell to 114.9 from 118.5, while the expectations reading remained unchanged at 74.7.The current assessment of both employment and business conditions declined in July."The Present Situation Index was less positive for a third consecutive month while the Expectations Index remained in negative territory," said Dana Peterson, Chief Economist at The Conference Board."Looking ahead, consumers anticipate little improvement in business conditions over the next six months, but expectations for the labor market were slightly less negative," Peterson added. "Expectations for household incomes moderated but remained optimistic overall."The monthly consumer confidence index from the Conference Board measures consumer sentiment in the current month, with the headline index a combination of the present situation and expectations for the near future. The report also includes the current and future assessments for business and employment conditions.An increase in the reading suggests consumers are more confident, a positive for stocks if that confidence translates into spending. Increased demand is usually inflationary, a negative for bonds.

Commodities11d ago

US Natural Gas Update: Futures Slide Amid Strong Output, Weak Demand and LNG Feedgas Flows

US natural gas futures were down on Tuesday, reaching their lowest levels in three months, amid strong output alongside weak demand and LNG feedgas flows, which continued to weigh on prices.Both the Henry Hub front-month futures and the continuous contract were down 2.28% to $2.704 per million British thermal units.Total dry gas production is expected to decline by just 0.2 billion cubic feet per day this week, while demand is down by 1.3 Bcf/d, at 112.3 Bcf/d, primarily driven by a drop in power burn demand, according to NRG Energy.LNG export feed gas flows were expected to dip to 17.0 Bcf/d, compared to the 30-day moving average of 18.25 Bcf/d, according to the Bloomberg LNG Feedgas Model. This is primarily due to the Freeport LNG facility in Texas entering into scheduled maintenance, which is set to last until late August.Meanwhile, weather forecasts continued to point towards above-normal temperatures across most of the country from August 04 through August 10, according to the National Weather Service, which is expected to keep spacing cooling demand and gas-fired power burn elevated.According to the Energy Buyer's Guide, "strong summer demand remains in place, particularly across Texas and the West." However, they note that the market is showing little concern regarding this dynamic.

Treasury11d ago

Aehr Test Systems Files Mixed Shelf Offering

Aehr Test Systems (AEHR) filed a shelf registration statement with the US Securities and Exchange Commission for the potential sale of securities from time to time in one or more offerings.The late Monday filing covers common and preferred stock, debt securities, depositary shares, warrants, subscription rights, and units, the company said.Price: $65.82, Change: $-11.66, Percent Change: -15.05%

$AEHR

Wire11d ago

UBS Raises Price Target on TFI International to $159 From $154, Maintains Neutral Rating

TFI International (TFII) has an average rating of overweight and mean price target of $168.79, according to analysts polled by FactSet.Price: $154.62, Change: $+8.75, Percent Change: +6.00%

$TFII

Research11d ago

UBS Upgrades Zimmer Biomet Holdings to Buy From Sell, Adjusts Price Target to $115 From $89

Zimmer Biomet Holdings (ZBH) has an average rating of overweight and mean price target of $96.95, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $97.15, Change: $+5.08, Percent Change: +5.52%

$ZBH

Research11d ago

UBS Upgrades Stryker to Buy From Neutral, Adjusts Price Target to $400 From $380

Stryker (SYK) has an average rating of overweight and mean price target of $389.88, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $352.12, Change: $+15.38, Percent Change: +4.57%

$SYK

Wire11d ago

Innoviz Technologies to Raise $30 Million From Registered Share Offering

Innoviz Technologies (INVZ) said Tuesday it signed a definitive deal with certain institutional investors for the sale of about 66.7 million common shares for a total of approximately $30 million.Closing of the registered direct offering is expected on or about Wednesday, and Innoviz said it plans to use the net proceeds for general business purposes, including the commercialization of Perciz.Shares of Innoviz Technologies were down 29% in Tuesday morning trading.Price: $0.45, Change: $-0.18, Percent Change: -28.98%

$INVZ

Wire11d ago

Elevance Health Pick of the Week at Smart Insider Following CEO, Chairman Share Purchases

Elevance Health (ELV) was Smart Insider's stock pick of the week after Chief Executive Gail Boudreaux and Chair Ramiro Peru bought company shares on July 17.Boudreaux, who has served as president and chief executive since November 2017, acquired $1 million in stock at $367.79 apiece, increasing her stake by 2%, Smart Insider said in a Tuesday note.The purchase was her third since becoming CEO and followed a $2.4 million acquisition at $287 per share in July 2025, according to the note.Smart Insider said Boudreaux's buying and selling record has been strong and described it as "encouraging" that she returned to buying at a price about 28% above last year's purchase.Peru, who became chair in May 2025 after joining the board in 2004, bought $366,000 of stock on the same day, Smart Insider said, adding that the transaction was his first purchase since 2008 and followed a series of share sales.Smart Insider ranked Elevance Health +1, indicating a strong positive signal.Price: $371.00, Change: $-7.36, Percent Change: -1.95%

$ELV

Mining & Metals11d ago

Rocket Doctor AI to Raise C$2 Million Via Non-Brokered Private Placement

Rocket Doctor AI (AIDR.CN) launched a non-brokered private placement of unsecured convertible debentures with a principal amount of C$1,000 each, for gross proceeds of up to C$2 million, the company said Tuesday.The debentures will bear interest at 12.0% per year from the date of issuance, payable at maturity one year after issuance. Each debenture will include one common share and one transferable share purchase warrant. Each warrant will entitle the holder to acquire one common share at C$0.75 for one year from the date of issuance, subject to an acceleration clause.Proceeds will be used for working capital and general and administrative expenses, it said.Shares of the company were last seen unchanged at C$0.61 on the Canadian Securities Exchange.

$AIDR.CN

Wire11d ago

Update: Visa to Cut 2,600 Jobs

(Updates with company confirmation throughout the report.)Visa (V) confirmed in an emailed response toon Tuesday that it will trim around 2,600 jobs, as part of Chief Executive Ryan McInerney's plan to streamline company operations.The cuts, representing 7% of its workforce, will mainly impact technology and product teams.Price: $365.46, Change: $+2.93, Percent Change: +0.81%

Wire11d ago

Street Color: PayPal, Amazon Introducing Buy Now, Pay Later in Austria, Germany

$AMZN$PYPL

Wire11d ago

NCR Atleos, Credit Union 1 Expand ATM Branding Deal in Alaska

NCR Atleos (NATL) said Tuesday that Credit Union 1 is expanding its partnership with the company through an ATM branding agreement at Circle K stores in Alaska.NCR said it will display Credit Union 1 branding on ATMs at 24 Circle K locations across Anchorage, Fairbanks, Wasilla and the Kenai Peninsula, with launching set in July-August.Price: $46.53, Change: $-0.50, Percent Change: -1.06%

$NATL

International11d ago

July Richmond Fed Regional Manufacturing Index Rises, Services Index Fall

The Richmond Fed's monthly manufacturing index rose to a reading of 5 in July from 4 in June, below expectations for a reading of 6 in a survey compiled by Bloomberg as of 7:40 am ET.Other regional manufacturing data already released have also suggested expansion.Released at the same time, the services revenue index fell to minus 3 in July from 0 in June, indicating contraction in the sector, in contrast to other services readings.

Wire11d ago

State Street Plans to Acquire Latin American Asset Servicing Joint Venture

State Street (STT) said Tuesday it reached a preliminary deal to purchase a securities services joint venture operating in Brazil, Mexico, and Colombia from Santander Group and CACEIS.The targeted business manages approximately $470 billion in assets under custody alongside $225 billion in assets under administration, the company said.State Street intends to keep current regional employees and maintain existing operational licenses to expand its local custody and banking services, with the acquisition expected to close in 2027, State Street said.Shares of the company were down 1.8% in Tuesday trading.Price: $181.11, Change: $-3.55, Percent Change: -1.92%

$STT

Wire11d ago

UBS Adjusts Price Target on Bank OZK to $51 From $50, Maintains Neutral Rating

Bank OZK (OZK) has an average rating of hold and mean price target of $54.22, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $50.76, Change: $+0.38, Percent Change: +0.75%

$OZK

Research11d ago

UBS Upgrades Solventum to Buy From Neutral, Adjusts Price Target to $95 From $78

Solventum (SOLV) has an average rating of overweight and mean price target of $85.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $85.45, Change: $+4.98, Percent Change: +6.19%

$SOLV

Mining & Metals11d ago

RZOLV Technologies Receives DTC Eligibility

RZOLV Technologies' (RZL.V) shares received the Depository Trust Company eligibility for electronic clearing and settlement in the US, it said Tuesday.The company had started trading on the OTCQB Venture Market on Feb. 17, it said."Achieving DTC eligibility is an important next step in building a more accessible and efficient US market for RZOLV's shares," said CEO Duane Nelson.The company's shares were last seen down C$0.035, or 11.8%, to C$0.26 on the TSX Venture Exchange.Price: $0.26, Change: $-0.04, Percent Change: -11.86%

$RZL.V

International11d ago

July US Consumer Confidence Index 90.8 Vs. Expected 92.4, Prior Revised 92.2

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