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Moneyweb
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OPEC+ discussing pause to output hikes after next increase
- OPEC+ is considering pausing further production increases after its next monthly hike in October.
- Talks are ongoing, and no final decisions have been made yet, but there are concerns about the growing surplus in the market.
- Some key OPEC+ nations worry that continuing production increases could lead to a further decline in oil prices.
- Analysts predict that OPEC+ might need to cut production again towards the end of the year to address the oversupply situation.
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Baystreet
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253
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Next-Gen Cancer Treatments Gain Steam Amid Oncology Industry Shakeups
- Cancer rates rising in the U.S., vary by state, impacting survival outcomes.
- Oncolytics Biotech Inc. leads the charge with promising virus-based immunotherapy developments.
- Survival data show significant progress in treating hard-to-treat cancers like mPDAC, and mBC.
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HinduBusinessLine
1w
346
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Partners Group to acquire majority stake in Infinity Fincorp for ₹1,950 crore
- Partners Group is set to acquire a majority stake in Infinity Fincorp for ₹1,950 crore, involving a primary capital infusion of ₹600 crore and secondary share purchases from existing shareholders.
- Infinity Fincorp, which focuses on lending to small and medium enterprises in Tier II and III towns across eight Indian States, plans to use the capital to expand branches and enhance technology for customer onboarding and lending operations.
- The deal is pending regulatory approval from the Reserve Bank of India (RBI) and aims to further empower entrepreneurs and business owners in smaller towns through tailored lending solutions.
- Partners Group and other investors acknowledge Infinity's growth trajectory and management's credit expertise, expressing confidence in the company's potential to become a leading lender in the MSME sector.
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Baystreet
1w
428
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OpenAI To Launch Web Browser In Challenge To Google’s Dominance
- OpenAI, an A.I. start-up, is set to launch an A.I.-powered web browser to directly challenge Google's dominant position in internet search.
- This move comes after the launch of Perplexity's A.I. search engine, Comet.
- OpenAI's browser is expected to use A.I. to revolutionize internet browsing, potentially keeping interactions within ChatGPT and integrating its A.I. agent, Operator.
- The aim is to compete with Google, gaining direct access to user data and creating unique user experiences, posing a threat to Alphabet's dominance.
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Baystreet
1w
239
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Costco’s June Sales Rose 8% From A Year Ago
- Costco Wholesale reported an 8% year-over-year increase in net sales for June, reaching $26.4 billion U.S.
- Same-store sales grew by 5.8% in June compared to a 4.3% increase in May, with a 6.2% rise when accounting for gas prices and exchange rates.
- Strong performance was seen in categories like candy, meats, and produce, attributed to summer barbeque demand, and increased sales outside the U.S.
- Costco's e-commerce sales rose by 11.2%, reflecting the continued consumer interest in the company's bulk pricing amid the Covid-19 pandemic. Costco's stock has risen 8% this year.
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TheNewsCrypto
1w
231
Machine Learning Algorithm Spots ETH-Based Token That Could Explode 18,000% if Ethereum Hits $10,000 in 2025
- Little Pepe (LILPEPE), an Ethereum-based meme coin running on a Layer 2 network, is identified by a machine learning algorithm as a token with the potential to surge 18,000% if Ethereum hits $10,000 by 2025.
- The token operates on an Ethereum-compatible Layer 2 blockchain known for fast, low-cost transactions and scalability, which could attract data-driven investors looking for opportunities in emerging Layer 2 projects.
- Key factors contributing to Little Pepe's potential include its Layer 2 infrastructure, EVM compatibility enhancing utility, presale momentum, ecosystem features like meme token support and anti-sniper bot protocol, and strategic marketing campaigns.
- The analysis highlights Little Pepe's adaptability for DApps and DeFi, ongoing presale success, and a projected 18,000% surge if macro-market conditions remain favorable, making it an intriguing investment option.
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HinduBusinessLine
1w
1.2k
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Aggcon Equipments Int'l files IPO papers with Sebi; to raise ₹332 cr via fresh issue
- Aggcon Equipments International plans to raise ₹332 crore through a fresh issuance of equity shares and the promoters will also sell 94 lakh shares under the offer-for-sale as per the draft red herring prospectus (DRHP).
- The proceeds from the fresh issue, amounting to ₹168 crore, will be utilized for debt payment, ₹84 crore for equipment purchase, and the rest for general corporate purposes.
- Established in 2003, Aggcon Equipments International is a prominent infrastructure equipment rental company in India with a substantial fleet supporting various infrastructure projects.
- In fiscal year 2025, the company's revenue from operations rose by 19.5% to ₹164 crore, and profits increased by 35.64% to ₹30.71 crore compared to the previous fiscal year.
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Baystreet
1w
242
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Quantum Computing and AI-Powered Drones are Fueling a $355.55 Billion Opportunity
- Drone industry offers a $355.55 billion opportunity with AI and quantum computing integration.
- ZenaTech, AeroVironment, Leonardo DRS Inc., Palladyne AI, and SEALSQ Corp benefit from this.
- Quantum computing enhances drone speed, precision, and autonomy in commercial and defense sectors.
- ZenaTech's unique Drone as a Service model aims to revolutionize drone utilization.
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Livebitcoinnews
1w
175
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This Tiny AI Coin Could Flip $100 Into $15,000 Before the Year Ends
- Ozak AI is a blockchain-based AI platform providing predictive analytics and decentralized data infrastructure, with its native token $OZ priced at $0.005 in the fourth stage of its presale.
- Analysts predict $OZ may reach $1 by the end of 2025, potentially turning a $100 investment into $15,000, driven by demand, supply scarcity, and real-life use cases in finance and automation.
- The platform utilizes decentralized technology and machine learning to offer scalable predictive models, aiming to address practical problems in finance, automation, and business intelligence.
- Despite the speculative value, $OZ token has real-world utility in predictive analytics, decentralized governance, staking, and data operations, with Ozak AI gaining visibility on platforms like CoinGecko and CoinMarketCap.
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HinduBusinessLine
1w
240
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From Punjab’s fields to Kerala’s heat: How McDonald’s ensures every French fry tastes the same
- McDonald's India ensures consistency in their iconic fries through a strategic partnership with McCain, sourcing specialized potato varieties locally.
- McCain has invested in backward integration, sourcing over 90% of its volumes locally and developing processing-grade potato varieties adapted to Indian conditions.
- Comprehensive quality assurance systems have been implemented from farm to restaurant to maintain product uniformity and meet customer expectations.
- Both companies are adapting to evolving consumer preferences by diversifying product portfolios, reducing sodium content, and embracing sustainable farming practices.
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Baystreet
1w
231
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Genius Group Spurs Stock Buyback, Shares Rocket
- Genius Group Limited (NYSE: GNS) announced a share buyback program and bought back one million shares of its stock at an average price of $1.30 per share.
- Shareholders approved a buyback mandate allowing the company to repurchase up to 20% of its issued ordinary shares over the next 12 months or until the next AGM.
- The Board authorized the CEO to execute the buyback, resulting in the repurchase of one million shares at $1.30 per share.
- As a result of the buyback news, GNS shares surged by 15% to $1.61 on Thursday.
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HinduBusinessLine
1w
218
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India’s tea output up 40% in May on favourable weather
- India's tea production in May 2025 saw a significant increase of 40% compared to the previous year, with North India up by 32% and South India up by 88%.
- The total tea output in May 2025 was 37% higher than in April 2025, reaching 104.37 million kgs in North India and 26.23 million kgs in South India.
- On a year-to-date basis (Jan-May 2025), India's tea production was 26% higher than the same period in 2024, totaling 336.22 million kgs.
- While the improved production in South India in May was attributed to favorable weather conditions, June experienced lower output due to unfavorable weather affecting tea-growing regions.
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HinduBusinessLine
1w
85
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Mount Everest Breweries appoints Vinod Babu G as CEO
- Vinod Babu G has been appointed as the CEO of Mount Everest Breweries.
- Babu has over 19 years of experience in the FMCG and alcoholic beverages sector, including leadership roles at AB InBev and SABMiller India.
- MEBL aims to become the largest Indian beer company by 2030 under Babu's leadership, focusing on innovation and premiumization.
- Headquartered in Indore, MEBL's portfolio includes brands like STOK, Lemount, Mount’s 6000, and Dabang, with a strong presence in Central India.
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Moneyweb
1w
301
Trump’s Africa summit heats up rivalry for continent’s resources
- Trump met African leaders to compete for resources, amid US-China rivalry and trade shift.
- US urged African countries to buy arms and shift from aid to trade.
- Focus on sourcing minerals locally highlighted to reduce reliance on China for metals.
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18 Likes
Baystreet
1w
136
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Stocks on Sale: Hershey, Monster, Altria, and Mobileye
- Hershey (HSY) stock fell by 4.7% as it broke down from an uptrend and closed at $161.95.
- Monster Beverage (MNST) closed down by 3.28% at $59.57 as it formed a downtrend, failing to break out past $64.45.
- Altria Group (MO) unexpectedly fell by 3.01% to $57.75 as Jefferies rated it underperform due to risks in the US Combustibles market.
- Mobileye (MBLY) saw a 7.08% drop to close at $17.32 as Intel (INTC) plans to sell 45 million MBLY shares.
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