Financial & Business News

We rate Fortinet a Strong Buy with a $148 price target, driven by a subscription-led mix shift and unified platform momentum. Accelerating SASE and AI-powered SecOps adoption, plus a dominant firewall franchise, support recurring revenue durability and double-digit EPS growth through FY27. Valuation offers a 44% upside with a 50x FY26E P/E, below historical and peer medians, providing a margin of safety and asymmetric risk/reward.

Japan Smaller Capitalization Fund which is a Japanese small-cap oriented CEF, has outperformed the US markets and global markets by 2.5-4x this year. Conditions for Japanese industrials look relatively healthy, although Trump's threat to impose a tariff of 30-35% doesn't bode well. The fund's wide NAV discount (averaging 18.5% over the past 5 years) may narrow, thanks to a new level distribution plan and potential share buybacks, boosting investor appeal.

An OpenAI social media post reportedly impacted Robinhood's stock price and set off a debate about the stock tokens Robinhood announced Monday (June 30). [contact-form-7] “These ‘OpenAI Tokens' are not OpenAI equity,” the OpenAI Newsroom account said in a Wednesday (July 2) post on X.

SYDNEY--(BUSINESS WIRE)--Babeltext, an Australian-born AI-powered multilingual messaging platform, has officially launched its seamless integration with Shopify, enabling merchants in Australia, the US, and the UK to provide real-time, multilingual customer support across 195 languages and multiple messaging channels. The integration solves one of the most pressing issues in global e-commerce: the language barrier. While Shopify enables merchants to translate static storefront content, most sto.

NXP is well-positioned in automotive semiconductors, especially ADAS and autonomous driving, benefiting from industry trends and Chinese market growth. Recent management commentary and financials suggest a potential bottoming and rebound in activity, with improving order trends and inventory normalization. Valuation models project 8% revenue CAGR and gross margin expansion to 60%, supporting a DCF-based target price of $255 per share.

NEW YORK, July 03, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against KBR, Inc. (“KBR” or the “Company”) (NYSE:KBR) on behalf of KBR stockholders. Our investigation concerns whether KBR has violated the federal securities laws and/or engaged in other unlawful business practices.

Oil prices were little changed on Friday as a solid job market bolstered the case for the U.S. Federal Reserve keeping interest rates on hold, with investors also awaiting clarity on President Donald Trump's plans for tariffs on various countries.

BRANFORD, Conn.--(BUSINESS WIRE)--Quantum-Si Incorporated Announces Pricing of $50 Million Registered Direct Offering of Common Stock.

AGL Energy said on Friday it had acquired South Australia's Virtual Power Plant (SAVPP) from Tesla , as the Australian power retailer looks to ramp up its battery storage capacity to drive green energy transition.

Joincare Group to lead the clinical development and commercialization of BRII-693 in Greater China Brii Biosciences retains ex-Greater China rights to address the global antimicrobial resistance threats and continues investment in other priority pipeline assets DURHAM, N.C. and BEIJING, July 3, 2025 /PRNewswire/ -- Brii Biosciences Limited ("Brii Bio," stock code: 2137.HK), a biotechnology company developing therapies to improve patient health and choice across diseases with high unmet medical needs, today announced that it has entered into a license and technology transfer agreement with Joincare Pharmaceutical Group Industry Co., Ltd ("Joincare Group").