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Li-FT Power Reports Lithium Drill Results at Canada Project

Li-FT Power (ASX:LFT) reported drilling results from its Yellowknife Lithium Project in Canada's Northwest Territories, according to an Australian bourse filing on Tuesday after market hours.The results cover 20 drill holes totaling 5,324 meters, including 17 holes from the 2026 winter program and three from the 2025 summer program, per the filing.The latest drilling returned lithium intercepts, including 21 meters grading 1.1% lithium oxide at Fi Main, 18 meters grading 1.4% lithium oxide at Ki, and 26 meters grading 1.3% lithium oxide at BIG East, the filing said.Drilling at the BIG East pegmatite confirmed extensive, high-grade spodumene mineralization along a 1,000-meter strike length, with multiple zones still open for expansion at depth and toward the south.The company said the program confirmed the continuity and expansion potential of the existing inferred resource, while the summer drilling campaign also yielded material for geotechnical testing, the filing added.

ASX:LFT

Equities35d ago

ConocoPhillips Files Mixed Shelf

ConocoPhillips (COP) filed a registration statement Tuesday for the sale of securities from time to time.The filing covers subordinated debt securities, common and preferred stock, warrants, depository shares, stock purchase contracts or units, and prepaid stock purchase contracts, the filing said.Net proceeds from the sale of the securities will be used for general corporate purposes.

$COP

Asia35d ago

Experience Expands Adventure Portfolio With South Australia Acquisition, Secures AU$4 Million Reef Vessel Grant

Experience (ASX:EXP) expanded its adventure tourism footprint with the AU$1.3 million acquisition of West Beach Adventure in Adelaide and a AU$4 million Queensland Government grant to help fund its new Reef Magic IV vessel, according to an Australian bourse filing on Tuesday after market hours.The acquisition of West Beach Adventure extends the company's Treetops Adventure network into South Australia, with the asset attracting over 20,000 visitors annually and generating around AU$450,000 in pro forma earnings before interest, taxes, depreciation, and amortization, per the filing.Additionally, Reef Magic Cruises secured funding for Reef Magic IV, a new 32-meter vessel to be built in Brisbane and launched by December 2027, the filing said. The vessel will lift capacity by around 25% to 385 passengers, add a premium class, and incorporate a new ride control technology.The project is estimated to cost AU$10.6 million in total, with the company's net contribution reduced to around AU$4.7 million after accounting for grant funding and proceeds from vessel disposal, the filing added.

ASX:EXP

Asia35d ago

ARN Media Sells Hong Kong Advertising Units to DFI Retail Group for Over HK$30 Million

ARN Media (ASX:A1N) agreed to sell its Hong Kong out-of-home advertising businesses, Cody Outdoor International and Buspak Advertising, to DFI Retail Group for HK$30.2 million in total, according to an Australian bourse filing on Tuesday after market hours.The divestment reflects the company's strategy to withdraw from non-core international assets and concentrate on its core digitally driven entertainment business in Australia, per the filing.The sale of Cody Outdoor International will be settled 75% upfront and 25% after 12 months, with net proceeds applied to net debt, the filing said.The sale will also result in the release of AU$30.5 million in bank guarantees upon completion, the filing added.

ASX:A1N

Asia35d ago

Comet Ridge, CleanCo Revise Gas Sale Agreement

Comet Ridge (ASX:COI) and CleanCo Queensland amended the key commercial terms of their gas sale agreement for the supply of 21 to 25 petajoules of natural gas from the Mahalo Gas Hub, according to an Australian bourse filing on Tuesday after market hours.The revised agreement postpones the start of gas deliveries to Jan. 1, 2030, reduces the take-or-pay commitment to 80% from 90%, and provides that gas price indexation to the consumer price index will commence on Jan. 1, per the filing.The deadline for the remaining financing and infrastructure-related conditions precedent has been extended to March 31, 2027, the filing said.The agreement also adds new conditions precedent requiring the company to provide evidence by March 15, 2029, that the Mahalo Gas Hub fields produced an average of at least 9 terajoules per day between Dec. 1, 2028, and Feb. 28, 2029, and that there has been no adverse change to CleanCo's gas requirements by March 31, 2027, the filing added.

ASX:COI

Insider Trading35d ago

IDT Insider Sold Shares Worth $1,329,024, According to a Recent SEC Filing

Marcelo Fischer, Chief Financial Officer, on June 26, 2026, sold 23,323 shares in IDT (IDT) for $1,329,024. Following the Form 4 filing with the SEC, Fischer has control over a total of 35,584 Class B common shares of the company, with 32,824 shares held directly and 2,760 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1005731/000119312526290844/xslF345X05/ownership.xml

$IDT

Commodities35d ago

US Feedstock Demand for Biomass-Based Diesel Rose in April, Soybean Oil Usage Drops, EIA Says

US feedstock demand for biomass-based diesel production grew 4%, or 130 million pounds, in April to 3.43 billion pounds, up 4.5% over 2024, according to the Energy Information Administration's monthly data released Tuesday.Waste feeds, such as used cooking oil and tallow, led usage in April.Distiller corn oil usage reached a record amount of 477 million pounds in April.Soybean oil usage totaled 1.22 billion pounds in April, down 5% compared with the previous month, reaching a 38% slate in April.Biodiesel production at 686 million pounds raised April's capacity to 79%, up from 72% the previous month.Renewable diesel production at 537 million pounds jumped with the help of higher margins of 7% in April. RD utilization rates jumped to 73%, up from 71% the prior month.EIA reported that the composition of soybean oil production in April was 56% BD and 44% RD, compared with a 54/46 split in March.Zander Capozzola, principal consultant at Argus Media Consulting Services, said the lower futures markets seem well overdone given the risk of renewed conflict in the Middle East."SBO futures have shed 13% since the start of the month as signs of easing tensions in the Strait weighed across energy markets, overshadowing ongoing geopolitical risks. Market sentiment has also been undermined by expectations of bearish US acreage data due later this week," the analyst said."Yet for US feedstock markets, the resumption of imports presents a bearish fundamental counterweight," Capozzola added.

Commodities35d ago

Shell to Sell Gulf of Mexico Assets to Talos, Ridgewood for $1.7 Billion

Shell Offshore, a unit of Shell (SHEL), agreed to sell Gulf of Mexico upstream assets to Talos Energy (TALO) and Ridgewood Energy for $1.7 billion, the company said Tuesday.Talos and Ridgewood subsidiaries will acquire Shell's 50% non-operated working interest in the Na Kika platform and associated fields, together with the company's 100% interest in the Coulomb tieback.The purchase price remains subject to customary closing adjustments and contingent payments, Shell said.Shell said its deepwater portfolio benefits from extensive infrastructure, operating efficiency and scale. It also noted that it remains the only international oil company with leading positions in both the Gulf of Mexico and Brazil, two of its highest-margin and lower-carbon producing regions.The transaction takes effect from July 1, 2025, and the companies expect to complete the deal by the end of 2026, subject to receiving the required regulatory approvals.Peter Costello, Shell's upstream president, said the company continues to optimize its Gulf of Mexico portfolio to strengthen the resilience and competitiveness of its upstream business."We remain focused on sustaining our material liquids production into the next decade," Costello said.

$SHEL$TALO

Commodities35d ago

US Natural Gas Update: Futures Up on Spreading Heatwave, Robust LNG Demand

US natural gas futures gave up part of their earlier gains but remained higher on the day, supported by forecasts of an expanding heat wave across the eastern half of the country, expected to drive cooling demand, along with strong LNG feedgas consumption.The front-month Henry Hub contract and the continuous contract were both up 2.39% at $3.257 per million British thermal units.The market found support from weather forecasts calling for dangerous heat to spread from the Midwest into the Northeast over the coming days. The National Weather Service said on Tuesday that an intense heat wave east of the Rockies will strengthen beneath a powerful upper-level ridge, with afternoon highs in the upper 90s to above 100 degrees Fahrenheit across parts of the Midwest and Northeast.Combined with high humidity, heat index values are expected to range from 105 to 115 degrees Fahrenheit from Kansas City to Boston. Nearly 180 million Americans are under an Extreme Heat Warning or Heat Advisory ahead of the Fourth of July holiday weekend. Forecasters expect the heat to peak on July 3-4.The hotter weather is already lifting natural gas consumption. Lower-48 gas demand rose to 79.4 billion cubic feet per day on Tuesday, up 4 Bcf/d from the previous day and 3.4% above year-ago levels.According to Celsius Energy, gas-fired power generation demand, or power burn, reached 37.4 Bcf/d on Monday, up 2.1 Bcf/d from the previous day but 5.1 Bcf/d below the same period last year. Meanwhile, the Energy Buyers Guide estimated natural gas demand from the power sector exceeded 47.5 Bcf/d on Tuesday, the highest daily level so far this summer, with demand expected to surpass 50 Bcf/d later this week.Aegis Hedging said cooling degree days are expected to climb into the weekend to close to 18 CDDs before tapering throughout the rest of the forecast period to around 14 CDDs.Strong LNG export demand also underpinned prices by tightening domestic supplies. Barchart, citing BNEF data, said US LNG feedgas consumption rose to 19.7 Bcf/d on Tuesday, up 0.5 Bcf/d from the previous day and 0.9% from a week earlier, the highest level in more than two months.Robust domestic production, however, provided some downward pressure on prices. Lower-48 dry gas output averaged 112.2 Bcf/d on Tuesday, up 1 Bcf/d from Monday and 2.9% higher than a year earlier, adding to ample inventories.

Insider Trading35d ago

Airbnb Insider Sold Shares Worth $4,544,132, According to a Recent SEC Filing

Nathan Blecharczyk, 10% Owner, Director, Chief Strategy Officer, on June 26, 2026, sold 31,033 shares in Airbnb (ABNB) for $4,544,132. Following the Form 4 filing with the SEC, Blecharczyk has control over a total of 159,231 Class A common shares of the company, with 81,631 shares held directly and 77,600 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1559720/000119312526290807/xslF345X05/ownership.xml

$ABNB

Insider Trading35d ago

Guardant Health Insider Sold Shares Worth $39,312,654, According to a Recent SEC Filing

AmirAli Talasaz, Director, Co-Chief Executive Officer, on June 26, 2026, sold 260,000 shares in Guardant Health (GH) for $39,312,654. Following the Form 4 filing with the SEC, Talasaz has control over a total of 1,881,336 common shares of the company, with 1,881,336 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1576280/000175315926000014/xslF345X05/wk-form4_1782854022.xml

$GH

Commodities35d ago

US Crude Production Hits Record 13.93 million b/d in April, EIA Says

US crude output increased to 13.93 million barrels per day in April, according to the Energy Information Administration's Petroleum Supply Monthly data released Tuesday.The monthly figure is the highest on record, EIA data revealed, logging an increase of 216,000 b/d in April. US crude production was around 13.72 mmb/d in March.Output in New Mexico hit a record high of 2.37 million b/d, EIA data showed. In Texas, production was up 36,000 b/d to touch 5.83 mmb/d, the highest since November.Meanwhile, production in North Dakota also increased to 1.13 mmb/d, the highest since November.

Mining & Metals35d ago

Update: First Mining Gold's Springpole Gold Project Clears Federal Environmental Review

(Updated with First Mining comments in paragraphs five and six.)First Mining Gold's (FF.TO) planned Springpole Gold Project in northwestern Ontario is not likely to cause significant adverse environmental effects, the federal government said in a press release on Tuesday.The project, located about 110 kilometers northeast of Red Lake, Ontario, will include an open-pit gold and silver mine and an on-site metal mill. The project is expected to generate thousands of direct and indirect jobs and represents a capital investment of about C$957.7 million, according to the government."Our government is focused on building a strong, resilient economy while protecting the environment and advancing reconciliation with indigenous peoples. The Springpole Gold Project demonstrates how major projects can move forward in a responsible way - grounded in science, indigenous knowledge and meaningful consultation," said Julie Dabrusin, Minister of the Environment, Climate Change and Nature.Six indigenous communities participated in the federal environmental assessment process."This is a monumental day for First Mining, the local indigenous communities and municipalities who are positioned to benefit economically and socially from the project," chief executive Dan Wilton said."The Springpole Project approval by the federal government validates that this project will be the biggest economic driver of Northwest Ontario in a generation, providing significant economic opportunity to the surrounding communities. The Project will generate billions of dollars in government revenue, deliver hundreds of jobs and careers in the local region, provide significant contracting opportunities for regional and Indigenous businesses, support regional infrastructure and services, and add billions of dollars to the gross domestic product at a critical time for the Ontario and Canadian economy," Wilton said.

$FF.TO

Insider Trading35d ago

Onemain Holdings Insider Sold Shares Worth $310,000, According to a Recent SEC Filing

Micah R. Conrad, Executive Vice President & COO, on June 29, 2026, sold 5,000 shares in Onemain Holdings (OMF) for $310,000. Following the Form 4 filing with the SEC, Conrad has control over a total of 96,250 common shares of the company, with 96,250 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1584207/000177219826000013/xslF345X05/wk-form4_1782853386.xml

$OMF

US Markets35d ago

Nike Fourth-Quarter Revenue Slips as Expected Tariff Refunds Boost Earnings

Nike's (NKE) fiscal fourth-quarter revenue slipped year-over-year, while the sportswear company's earnings got a boost from expected tariff refunds.Revenue fell 1% to $10.97 billion for the quarter ended May 31, topping the FactSet-polled consensus of $10.85 billion. Earnings per share soared 414% to $0.72, driven by a $0.52 benefit related to the expected recovery of trade tariffs.The US Supreme Court in February invalidated President Donald Trump's reciprocal tariffs imposed under the International Emergency Economic Powers Act."We delivered fourth-quarter results in line with our expectations, demonstrating financial discipline in an increasingly challenging operating environment, where sell-through remains challenged," Chief Financial Officer Matthew Friend said in a statement.The stock fell 4.3% in after-hours trade, and is down 36% this year through Tuesday close.Revenue for the Nike brand was virtually flat at $10.72 billion, weighed down by a 12% drop in China. North American sales grew 3%, while Europe, the Middle East and Africa fell 1%.Consolidated equipment and footwear revenue for the Nike brand declined.Chief Executive Elliott Hill acknowledged the company continues to face top-line headwinds, but said it remains focused on "consistent execution" and profitability.Macro pressures and internal challenges were expected to drive a soft quarterly performance at Nike, Oppenheimer said Friday. The brokerage said 2026 is shaping up to be a restructuring year for Nike and recommended staying on the sidelines until there's more visibility into a broader recovery.Last week, Nike said David Denton will join the company as chief financial officer in August, succeeding Friend. Denton has served as CFO of Pfizer (PFE) since May 2022.

$NKE$PFE

Mining & Metals35d ago

First Mining Gold's Springpole Gold Project Clears Federal Environmental Review

First Mining Gold's (FF.TO) planned Springpole Gold Project in northwestern Ontario is not likely to cause significant adverse environmental effects, the federal government said in a press release on Tuesday.The project, located about 110 kilometers northeast of Red Lake, Ontario, will include an open-pit gold and silver mine and an on-site metal mill. The project is expected to generate thousands of direct and indirect jobs and represents a capital investment of about C$957.7 million, according to the government."Our government is focused on building a strong, resilient economy while protecting the environment and advancing reconciliation with indigenous peoples. The Springpole Gold Project demonstrates how major projects can move forward in a responsible way - grounded in science, indigenous knowledge and meaningful consultation," said Julie Dabrusin, Minister of the Environment, Climate Change and Nature.Six indigenous communities participated in the federal environmental assessment process.

$FF.TO

Insider Trading35d ago

Axon Enterprise Insider Sold Shares Worth $5,000,018, According to a Recent SEC Filing

Patrick W Smith, Director, CEO, on June 29, 2026, sold 10,000 shares in Axon Enterprise (AXON) for $5,000,018. Following the Form 4 filing with the SEC, Smith has control over a total of 3,050,997 common shares of the company, with 3,050,997 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1069183/000162828026046277/xslF345X05/wk-form4_1782853088.xml

$AXON

Commodities35d ago

US Crude Oil Inventories Rise, API Says

Data from the American Petroleum Institute revealed Tuesday that US crude oil inventories rose by 6.072 million barrels in the week ended June 26, following a 765,000-barrel draw the previous week, according to a Bloomberg-compiled survey.The oil market now awaits the US Energy Information Administration's petroleum inventory report, scheduled for release on Wednesday.

Equities35d ago

Talos Energy to Acquire Deepwater Gulf of America Assets From Shell for $850 Million

Talos Energy (TALO) on Tuesday agreed to jointly acquire deepwater assets in the Gulf of America from Shell Offshore (SHEL), alongside an affiliate of Ridgewood Energy, for $850 million in cash, with Talos expecting its net consideration to be approximately $450 million to $500 million after estimated interim cash flows from the assets.The acquired interests include a 50% working interest and operatorship in the Coulomb field and a 25% non-operated stake in the BP-operated Na Kika platform and four associated fields, the company said.Talos plans to fund the deal through cash on hand and debt, and has secured $150 million in incremental lender commitments, raising its borrowing base to $850 million from $700 million upon closing. The deal is expected to close by year-end 2026, according to the company.

$BP$SHEL$TALO

Asia Markets35d ago

Update: S&P 500, Nasdaq Composite Close Strongest Quarter in Six Years Amid Gains in Technology, Decline in Crude Oil

(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first paragraph.)US equity indexes rose, with the S&P 500 and the Nasdaq Composite clocking the biggest quarterly advances since Q2 2020 amid semiconductor-led gains in technology and declining crude oil prices.The Nasdaq Composite jumped 1.5% to 26,213.72, and the S&P 500 rose 0.8% to 7,499.36 on Tuesday, June 30. The Dow Jones Industrial Average advanced 0.3% to 52,319.20, capping the strongest first half in five years.Technology was the standout gainer at the close, followed by industrials. Real estate, consumer staples, and utilities led the decliners. Technology is also the top sector over the past three months, according to data compiled by Finviz.Of the top 20 stocks with a market capitalization of more than $200 billion, 17 were from the tech sector, according to data compiled by Finviz. Within those tech names, the majority were either semiconductors or semiconductor equipment and materials. The top gainer was SanDisk (SNDK), trading up 11%.In geopolitical news, US envoy Steve Witkoff and President Donald Trump's son-in-law Jared Kushner are in Doha for meetings with Qatari mediators, according to CNN. Technical talks are ongoing, but there are currently no high-level meetings between the US and Iran, CNN reported, citing Qatar's Foreign Ministry spokesperson.Iran's Parliament Speaker Ghalibaf said the country will not begin negotiations for a final agreement before the implementation of clauses 1, 4, 5, 10, and 11 of the memorandum of understanding signed with the US earlier this month, Al Jazeera reported. These clauses involve cessation of hostilities in Lebanon, removal of the US naval blockade, safe passage of commercial vessels, waivers for the export of Iranian crude oil, and the release of frozen Iranian funds.The front-month global benchmark North Sea Brent slipped 0.3% to $72.92 per barrel, and the US West Texas Intermediate fell 1% to $70.07 per barrel. Both crude types traded above $110 a barrel at the height of the US-Iran war.Most US Treasury yields rose, with the 10-year jumping 7.3 basis points to 4.45%. The two-year rate climbed 4.9 basis points to 4.16%.Gold futures edged 0.2%% lower to $4,031.7, while silver futures dropped 2.3% to $59.52.In economic news, US job openings rose to 7.594 million in May, according to the Bureau of Labor Statistics, above the 7.296 million openings expected in a Bloomberg-compiled survey and up from the 7.585 million openings reported in April.The Conference Board's measure of consumer confidence rose to 91.2 in June from a downwardly revised 90.6 in May, below the 94.4 expected in a Bloomberg-compiled poll.The Institute for Supply Management's Chicago PMI fell to 56.7 in June from 62.7 in May, compared with the expected 55.1 reading in a Bloomberg-compiled survey.In company news, Air Products and Chemicals (APD) said it is finalizing an agreement for renewable ammonia from a green hydrogen project in Saudi Arabia. Shares of Air Products jumped 8%, among the top gainers on the S&P 500.Pacira Biosciences (PCRX) has agreed to sell its Iovera cold-therapy pain relief system to Zimmer Biomet (ZBH) for up to $140 million. Zimmer shares dropped 5.6%, among the worst performers on the S&P 500.

Dow JonesNasdaq CompositeS&P 500$APD$PCRX$SNDK

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Asia Markets35d ago

Update: S&P 500, Nasdaq Composite Close Strongest Quarter in Six Years Amid Gains in Technology, Decline in Crude Oil

Dow JonesNasdaq CompositeS&P 500$APD$PCRX$SNDK