Dernières nouvelles pour GreenPower Motor (NASDAQ:GP) Stock

GreenPower Motor

GreenPower Motor Co

GreenPower Motor Co Inc is the manufacturer and distributor of all-electric charter, school, and city buses. The company offers electric-powered transit buses deploying electric drive and battery technologies with a lightweight chassis and low-floor body. Its product line includes all-electric transit buses, all-electric school buses, and shuttle buses. The company's buses depend on clean sheet design and utilize a custom battery management system and a proprietary flex power system for the drive motors. Geographically, the company generates a majority of its revenue from the United States of America and the rest from Canada.

GreenPower Motor Company Inc. - Common Shares

GreenPower Motor Co Inc

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Danone SA

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Georgia Power Company Series 2017A 5.00% Junior Subordinated Notes due October 1, 2077

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Cerro De Pasco Resources Inc

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The Education Department's loan servicer, MOHELA, is urging federal student-loan holders who filed for an income-driven repayment plan before April 27 to submit a new application, saying the do-over "may expedite processing."
What Happened: Spotted by Forbes <a href="https://www.forbes.com/sites/adamminsky/2025/06/30/student-loan-servicer-clarifies-who-should-reapply-for-an-idr-plan/">first</a>, the fresh guidance, posted on Monday after an earlier, muddled alert, adds that the original request will be canceled once the new form is filed. MOHELA recommends using the Internal Revenue Service data-retrieval tool on StudentAid.gov, restored in late March after a shutdown tied to litigation over the SAVE plan.
The system is straining under a backlog of nearly 2 million unprocessed IDR applications, <a href="https://protectborrowers.org/new-court-filing-reveals-backlog-of-2-million-borrower-payment-plan-applications/">says</a> the Student Borrower Protection Center (SBPC). Another <a href="https://tcf.org/content/commentary/the-assault-on-the-save-plan-has-brought-student-debt-relief-to-a-crossroads/">8 million</a> SAVE enrollees have been stuck in court-ordered forbearance since last summer, halting progress toward loan forgiveness. The 8th U.S. Circuit Court injunction also forced the department to pull the IDR form in February and <a href="https://studentloanborrowerassistance.org/idr-application-is-back-up/">reopen it</a> only partially on March 26.
MOHELA now says it has resumed processing for IBR, PAYE and ICR plans, but applications for SAVE or a "lowest payment" option remain frozen. Borrower advocates caution that the new filing offers no guarantee of speed and could trigger additional months of administrative forbearance that do not count toward forgiveness.
See also: <a href="https://www.benzinga.com/personal-finance/management/25/06/45917720/dont-wait-these-3-steps-could-save-you-a-ton-on-your-student-loans">Don&#8217;t Wait – These 3 Steps Could Save you a Ton on Your Student Loans</a>
No similar reapplication notice appears on the websites of other major servicers, and the department's own IDR-litigation page omits the advice.
Why It Matters: MOHELA's credibility has taken a hit over time. State investigations and a federal penalty last year <a href="https://www.aft.org/sites/default/files/media/documents/2024/AFT%20v.%20MOHELA_Complaint%2007.22.2024.pdf">alleged</a> the company misbilled millions of borrowers and posted interest during the SAVE freeze. Online forums remain flooded with <a href="https://www.reddit.com/r/StudentLoans/comments/1k1ueys/mohela_misreported_my_loans_during_save/">reports</a> of phantom interest and delinquency marks.
Single borrowers who can import verified IRS data may see the quickest results, reveal anecdotal evidence according to the Forbes report, while <a href="https://www.benzinga.com/personal-finance/25/04/44890297/married-borrowers-could-see-major-changes-to-student-loan-payments-whats-happening-with-idr-plans">married filers</a> often face longer waits. Until courts resolve the SAVE lawsuit, MOHELA says those accounts will stay in forbearance.
Read next: 
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<li><a href="https://www.benzinga.com/personal-finance/financial-advisors/25/07/46188863/when-kevin-oleary-found-his-mother-was-secretly-an-investing-genius-the-performance-was-extraordinary-and-better-than-most-hedge-funds">When Kevin O&#8217;Leary Found His Mother Was Secretly An Investing Genius: &#8216;The Performance Was Extraordinary&#8217; And Better Than Most Hedge Funds</a></li>
</ul>
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Reapply Or Wait? Servicer MOHELA Says New IDR Applications May Move Faster — Here's What You Need To Know

HC Wainwright &amp; Co. analyst Douglas Tsao reiterates argenx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARGX#NASDAQ">ARGX</a>) with a Buy and maintains $720 price target.

Price Target

Reiteration

Analyst Ratings

ARGX

HC Wainwright & Co. Reiterates Buy on argenx, Maintains $720 Price Target

The U.S. Customs and Border Protection (CBP) has collected more than $106 billion in customs revenue since Donald Trump assumed the presidency, with a significant portion attributed to the administration&#8217;s tariffs.
What Happened:&nbsp;The Department of Homeland Security (DHS) announced on Monday that the CBP has amassed $106.1 billion in customs revenue since Trump&#8217;s inauguration. A significant portion of this revenue—$81.5 billion—was generated by tariffs imposed during the Trump Administration.
The CBP has achieved a success rate of over 99.5% in collecting customs duties and tariffs.&nbsp;The department has taken enforcement measures that led to recovering an additional $16.3 billion in revenue by targeting over 35,000 shipments identified as high-risk for duty evasion or requiring further payments.
A Senior DHS official stated, "We are proud to help President Trump make America richer and reverse a broken trade system that resulted in millions of jobs shipped overseas and made us dependent on foreign adversaries for essential goods.&#8221;
Meanwhile, Axios <a href="https://www.axios.com/2025/06/30/trump-tariffs-customs-revenue?ref=biztoc.com">reported </a>that from the start of the current fiscal year through the end of May, tariff collections are about 65% higher compared to the same period last year, according to Treasury data. Furthermore, the overall effective tariff rate has reached its highest point since the late 1930s, according to the Yale Budget Lab.
SEE ALSO: <a href="https://benzinga.com/markets/macro-economic-events/25/07/46187826/mike-pences-advocacy-group-launches-campaign-to-extend-trumps-2017-tax-cuts-report" target="_blank" rel="noreferrer noopener">Mike Pence&#8217;s Advocacy Group Launches Campaign To Extend Trump&#8217;s 2017 Tax Cuts: Report</a>
Why It Matters: The Trump administration&#8217;s trade policies have been a subject of global debate. The administration&#8217;s tariffs have been a significant source of revenue for the U.S. government. In April, U.S. customs revenue&nbsp;surged to an <a href="https://www.benzinga.com/markets/25/04/44979972/us-treasury-hits-record-15-billion-in-customs-and-excise-tax-haul-amid-trumps-trade-policies">all-time high</a>, delivering at least $15 billion in customs duties for the month — a more than 60% increase over previous periods.
However, the administration&#8217;s approach to trade has also sparked criticism. French President&nbsp;Emmanuel Macron&nbsp;recently&nbsp;criticized <a href="https://www.benzinga.com/news/politics/25/07/46186877/emmanuel-macron-calls-tariffs-blackmail-white-house-shoots-back-saying-trump-is-doing-whats-right-for-our-people">powerful nations</a>&nbsp;using tariffs as "blackmail" instruments, calling trade wars an "aberration."
Moreover, the Trump administration&#8217;s trade strategy has reportedly shifted, with the U.S. now&nbsp;<a href="https://www.benzinga.com/markets/macro-economic-events/25/07/46188192/trump-administration-reportedly-scales-back-ambitions-for-comprehensive-trade-deals-before-tariff-deadline">favoring narrower agreements</a>&nbsp;to avoid the reimposition of U.S. tariffs. This change in strategy is a departure from the White House's initial plan to secure 90 trade deals during the 90-day pause in reciprocal tariffs announced by President Trump in April.
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46134994/eu-ready-for-a-deal-with-us-but-all-options-remain-on-the-table-says-von-der-leyen">EU &#8216;Ready For A Deal&#8217; With US But &#8216;All Options Remain On The Table&#8217;, Says Von Der Leyen</a></li>
</ul>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tariffs Propel US Customs Revenue To A Record $106 Billion Since Trump's Inauguration

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">ChipMOS Technologies Inc &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMOS#NASDAQ">IMOS</a>)</h3>
<ul class="wp-block-list">
<li>On June 10, ChipMOS reported an 8.8% month-over-month increase in May revenue. The company's stock fell around 5% over the past five days and has a<a href="https://www.benzinga.com/quote/IMOS"> 52-week low of $12.7</a>8.</li>
<li>RSI Value: 29.4</li>
<li>IMOS Price Action: Shares of ChipMOS Technologies fell 2.2% to close at $18.11 on Monday.</li>
<li>Edge Stock Ratings: 21.57 Momentum score with Value at 98.62. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/quote/imos"><img loading="lazy" decoding="async" width="432" height="181" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01063726/image-5.png" alt="" class="wp-image-968395" style="width:325px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01063726/image-5.png 432w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01063726/image-5-300x126.png 300w" sizes="(max-width: 432px) 100vw, 432px" /></a></figure>
<h3 class="wp-block-heading">Clearone Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLRO#NASDAQ">CLRO</a>)&nbsp;&nbsp;</h3>
<ul class="wp-block-list">
<li>On June 30, ClearOne announced a special one-time stock dividend. The company's stock fell around 61% over the past six months and<a href="https://www.benzinga.com/quote/CLRO"> has a 52-week low</a> of $4.35.</li>
<li>RSI Value: 26.7</li>
<li>CLRO Price Action: Shares of Clearone gained 6.1% to close at $5.86 on Monday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in CLRO stock. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="923" height="842" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01063835/image-6.png" alt="" class="wp-image-968397" style="width:611px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01063835/image-6.png 923w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01063835/image-6-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01063835/image-6-768x701.png 768w" sizes="(max-width: 923px) 100vw, 923px" /></figure>
<h3 class="wp-block-heading">Foxo Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOXO#NYSE">FOXO</a>)</h3>
<ul class="wp-block-list">
<li>On May 20, FOXO Technologies posted a first-quarter loss of 37 cents per share, versus a year-ago loss of 24 cents per share. The company's stock fell around 54% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/FOXO">low of $0.18</a>.</li>
<li>RSI Value: 28</li>
<li>FOXO Ltd Price Action: Shares of Foxo Technologies fell 2.6% to close at $0.18 on Monday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential breakout in FOXO shares.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="881" height="841" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01063926/image-7.png" alt="" class="wp-image-968399" style="width:579px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01063926/image-7.png 881w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01063926/image-7-300x286.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/01063926/image-7-768x733.png 768w" sizes="(max-width: 881px) 100vw, 881px" /></figure>
Learn more about BZ Edge Rankings—click to see scores for other stocks in the sector and s<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">ee how they compare.</a> 
Read This Next: 
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<li><a href="https://www.benzinga.com/analyst-stock-ratings/price-target/25/06/46169288/5-stocks-in-the-spotlight-wall-streets-most-accurate-analysts-weigh-in">5 Stocks In The Spotlight: Wall Street&#8217;s Most Accurate Analysts Weigh In</a> </li>
</ul>
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CLRO

FOXO

IMOS

Top 3 Tech Stocks That Could Lead To Your Biggest Gains In July

CANG

Cango Produces 450 Bitcoins In June 2025; Completes Previously-Announced Acquisition To Boost Total Hashrate To 50 EH/s

Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) released its <a target="_blank" href="https://www.benzinga.com/pressreleases/25/07/g46189067/li-auto-inc-june-2025-delivery-update" rel="noreferrer noopener">latest delivery numbers</a> on Tuesday, reporting 36,279 vehicles delivered in June 2025. This figure represents a 24.1% year-over-year decrease.
However, for the second quarter of 2025, the company saw a 2.4% year-over-year increase, delivering a total of 111,074 vehicles. As of June 30, 2025, Li Auto&#8217;s cumulative deliveries since its inception have reached 1,337,810.
In comparison, Li Auto delivered 47,774 vehicles <a target="_blank" href="https://www.benzinga.com/news/24/07/39574028/whats-going-on-with-chinese-ev-stocks-nio-li-auto-xpeng-on-monday" rel="noreferrer noopener">in June 2024</a>,&nbsp;up 46.7% year-over-year. This brought its second-quarter 2024 deliveries to 108,581, up 25.5% year-over-year.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/06/45902627/us-listed-chinese-tech-and-ev-stocks-slide-as-trump-confirms-china-trade-deal" rel="noreferrer noopener">US Listed Chinese Tech And EV Stocks Slide As Trump Confirms China Trade Deal</a>
Despite an earlier downward revision, Li Auto&#8217;s second-quarter delivery figures surpassed its <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/06/46136523/chinas-li-auto-cuts-outlook-as-xiaomi-challenges-ev-giants" rel="noreferrer noopener">adjusted guidance</a>. On June 27, the company had lowered its second quarter delivery forecast from 123,000-128,000 vehicles to about 108,000, explaining the change was due to temporary effects of sales system enhancements.
This adjustment to Li Auto&#8217;s projections coincided with the market entry of Xiaomi&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>) budget-friendly YU7 SUV launch, which intensified pressure on rivals like Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) in the Chinese EV market.
The company said in a press release that the recently launched Li MEGA Home significantly exceeded sales expectations, making Li MEGA the top seller among MPVs priced above 500,000 Chinese yuan regardless of power source.
With the upcoming launches of the six-seat battery electric family SUV Li i8 in July, and the five-seat battery electric family SUV Li i6 in September, the company will establish a product lineup featuring four extended-range electric SUVs, one flagship MPV, and two high-voltage battery electric SUVs.
As of June 30, 2025, the company had 530 retail stores in 151 cities, 511 servicing centers, and Li Auto-authorized body and paint shops operating in 222 cities. It also had 2,851 supercharging stations in operation in China, equipped with 15,655 charging stalls.
Price Action: LI stock is trading lower by 0.18% to $27.06 premarket at&nbsp;last check Tuesday.
Read Next:
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<li><a href="https://www.benzinga.com/crypto/25/06/46174854/robinhood-just-made-crypto-simpler-and-way-more-powerful" target="_blank" rel="noreferrer noopener">Robinhood Just Made Crypto Simpler — And Way More Powerful</a></li>
</ul>
Photo by Robert Way via Shutterstock

Tech

TSLA

XIACF

XIACY

Li Auto's Strong Q2 Deliveries Mask June's Steep Decline

Thermon Group Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THR#NYSE">THR</a>) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced the promotion of Thomas Cerovski to Senior Vice President and Chief Operating Officer, effective as of July 1, 2025. Mr. Cerovski will continue to report to Thermon's Chief Executive Officer, Bruce Thames. In his expanded role, Mr. Cerovski will work with the leadership team to execute on the Company's key strategic pillars to drive the next level of growth and create value for shareholders. His priorities will include growing the installed base to capture recurring revenue and driving additional growth in Decarbonization, Digitization and Diversification while prudently deploying capital. All of this is underpinned by the Thermon Business System to form the value creation framework for the business. Mr. Cerovski has served as the Company's Senior Vice President, Global Business Units since 2019 and has managed the Company's profit and loss business units and commercial organization. "Tom has been an invaluable member of our executive team since joining Thermon six years ago, and we are looking forward to his continued contributions in this expanded leadership role," stated Bruce Thames, President and CEO of Thermon. "Tom is a proven leader and we believe that his extensive knowledge and experience across the industries and customers we serve, our product and service portfolio and the geographies in which we operate will be instrumental as we continue to execute on our long-term value creation framework."

Management

Thermon Promotes Tom Cerovski to COO to Lead Growth and Strategy

Willy Woo, a widely followed Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) influencer and analyst, shared a controversial take Monday that called grouping altcoins and BTC under the "crypto" label a bad idea.
What happened: In an X post, Woo recalled a meeting with whom he claimed was the original creator of the Greed and Fear Index for TradFi.
"I asked him what he thought about BTC vs Alts. He nailed it&#8230; BTC is digital hard money. Alts are technology startups," Woo quoted the person as saying.
Woo, a Bitcoin maximalist, argued that BTC and altcoins are very different, and grouping them under the blanket term &#8220;crypto&#8221; is &#8220;dumbest.&#8221; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Wrong. <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> maxis are using retarded logic to create separation&#8230; They are both founded with cryptography of which they are digital assets that utilize cryptographic techniques for security and verification Cryptography is the foundation of blockchain technology, enabling…
&mdash; Ξffex (@Sefex81) <a href="https://twitter.com/Sefex81/status/1939795522296193054?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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An X user, Ξffex, countered Woo's arguments, stating that both Bitcoin and altcoins are based on <a href="https://www.benzinga.com/money/what-is-cryptography">cryptography</a>, which serves as the "foundation of blockchain technology."
Another user, Aldo, argued for greater nuance, pointing out that several altcoins also differed significantly from one another.
They highlighted Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>)'s role in settling transactions, noting that it was far from being a technology startup.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It's not black/white though. Litecoin is not the same as 99.99% of altcoins. Neither is Monero for that matter. Even when comparing market cap sizes (BTC &#8211; LTC, e.g.) Litecoin's usage in comparison is actually quite impressive.
&mdash; Aldo (@lite_hause) <a href="https://twitter.com/lite_hause/status/1939794845654200714?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46149584/why-crypto-investors-are-receiving-internal-revenue-service-warning-letters">Why Crypto Investors Are Receiving Internal Revenue Service Warning Letters</a>
Why It Matters: Woo is known for setting ambitious long-term price targets for Bitcoin. Earlier this month, he theorized that the apex cryptocurrency will be <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">priced against global GDP</a> in the future.
According to CoinMarketCap, Bitcoin&#8217;s market dominance has <a href="https://coinmarketcap.com/charts/bitcoin-dominance/">risen </a>from 56% to 64.5% in the first half of 2025, while that of altcoins, excluding Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), has narrowed from 30.9% to 26.4%. When BTC dominance is high, it typically implies that investors are more confident in Bitcoin relative to other cryptocurrencies.
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $106,588.13, down 0.85% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Read Next:&nbsp;
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46148904/donald-trump-says-bitcoin-takes-a-lot-of-pressure-off-the-dollar">Donald Trump Says &#8216;Bitcoin Takes A Lot Of Pressure Off The Dollar&#8217;</a></li>
</ul>
Photo Courtesy: Bukhta Yurii On Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$ETH

$LTC

Bitcoin Isn't Crypto? Analyst Willy Woo Slams Grouping BTC With Altcoins As 'Dumbest' Idea

Highway Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIHO#NASDAQ">HIHO</a>) reported quarterly losses of $(0.07) per share. This is a 73.08 percent increase over losses of $(0.26) per share from the same period last year. The company reported $1.487 million in sales this quarter. This is a 4.72 percent increase over sales of $1.420 million the same period last year.

Earnings

HIHO

Highway Holdings Q4 EPS $(0.07) Up From $(0.26) YoY, Sales $1.487M Up From $1.420M YoY

Tractors and Farm Equipment Limited ("TAFE"), one of the world's largest manufacturers of tractors and farm equipment, announced today that a comprehensive settlement and resolution has been reached withAGCO Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGCO#NYSE">AGCO</a>) ("AGCO") on all matters relating to brand, commercial issues and shareholding.
The settlement encompasses the following key features:
<ul>
<li>Ownership of Massey Ferguson brand will rest with TAFE as the sole and exclusive owner for India, Nepal and Bhutan including all rights, title and interest in "Massey Ferguson" and related trademarks and all goodwill associated therewith.</li>
<li>TAFE will buy back AGCO's shares in TAFE which amounts to 20.7% of TAFE's equity for a consideration of $260 million thereby making TAFE a wholly owned subsidiary of the Amalgamations Group, a diversified industrial conglomerate, headquartered in Chennai, India.</li>
<li>TAFE will retainits shareholding in AGCO at an ownership level of 16.3%, and not exceed it, while participating in AGCO's future buyback programs to maintain its proportionate ownership subject to certain exceptions.</li>
<li>TAFE will support AGCO by voting of its shares in favor of all the recommendations of AGCO's Board of Directors at shareholder meetings, subject to certain exemptions.</li>
<li>TAFE will remain a long-term investor in AGCO through planned periodic interactions with AGCO leadership.</li>
<li>While all commercial agreements between TAFE and AGCO will be mutually terminated; TAFE will honour outstanding supply orders and continue to supply parts for all markets on agreed terms.</li>
<li>All ongoing legal proceedings will be irrevocably and unconditionally withdrawn. A consent decree will be sought in the three suits relating to Massey Ferguson brand-currently pending before the Madras High Court in India.</li>
</ul>
The agreements will become effective upon the completion by AGCO and TAFE of certain governmental and other processes in India relating to the repurchase of the shares held by AGCO in TAFE.

AGCO

TAFE Reaches Comprehensive Settlement And Resolution With AGCO On All Matters Relating To Brand, Commercial Issues And Shareholding

<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="2" rowspan="1">Fourth Quarter Fiscal 2025 Financial Outlook</td>
</tr>
<tr>
<td colspan="1" rowspan="1">ADS Growth (YoY)</td>
<td colspan="1" rowspan="1">(0.5)% - 1.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Adjusted Operating Margin1</td>
<td colspan="1" rowspan="1">8.5% - 9.0%</td>
</tr>
<tr>
<td colspan="2" rowspan="1"> &nbsp;</td>
</tr>
</tbody>
</table>
</figure>
Full-Year Fiscal 2025 Outlook for Certain Financial Metrics Maintained
<ul>
<li>Depreciation and amortization expense of ~$90M-$95M</li>
<li>Interest and other expense of ~$45M</li>
<li>Capital expenditures of ~$100M-$110M</li>
<li>Free cash flow conversion1 of ~120%</li>
<li>Tax rate of ~24.5%-25.0%</li>
</ul>
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">1 Guidance provided is a non-GAAP figure presented on an adjusted basis. For further details see the Non-GAAP financial measures information presented in the schedules accompanying this press release.</td>
</tr>
</tbody>
</table>
</figure>

Guidance

MSC Industrial Supply For Fourth Quarter Fiscal 2025 Projects ADS Growth Of (0.5)% To 1.5% And Adjusted Operating Margin Between 8.5% And 9.0%

Strategic Acquisition Expands AZZ's Metal Coatings Capabilities in the Midwest
FORT WORTH, Texas, July 1, 2025 /PRNewswire/ -- AZZ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZZ#NYSE">AZZ</a>), the leading independent provider of hot-dip galvanizing and coil coating solutions in North America, today announced that it has entered into an agreement to acquire all the assets of Canton Galvanizing, LLC ("Canton"), a privately held hot-dip galvanizing company based in Canton, Ohio. Terms of the transaction were not disclosed. AZZ expects the acquisition will be accretive to earnings within the first year of operation. AZZ will operate the new facility under the name AZZ Galvanizing – Canton East LLC further extending AZZ's ability to support customers in the Midwest region of the United States. The new galvanizing facility will be integrated into AZZ's existing network of hot-dip galvanizing plants, increasing its total galvanizing network to 42 sites in North America.

AZZ To Acquire All Assets Of Canton Galvanizing; Terms Not Disclosed

Türkiye's leading mobility super app Marti Technologies, Inc. ("Marti" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRT#NYSE">MRT</a>), and the only at scale ride-hailing operator in the country, today announced a new investment plan for 2025 and 2026.
Marti's 2025 and 2026 investment plan consists of two pillars:
<ol>
<li>New city launches: In light of the strong growth of its ride-hailing business in its existing cities of Istanbul, Ankara, Izmir, and Antalya, Marti is launching its business in the new cities of Bursa, Konya, Adana, Kocaeli, Mersin, and Kayseri. These new city launches expand the population living in the cities served by Marti's ride-hailing service 1.5x, from 28.8 million to 42.2 million people. In order to prioritize the growth of its service in its new cities, Marti does not foresee charging drivers in these cities a subscription fee in 2025. &nbsp;</li>
<li>Ride-hailing team growth: Marti will invest in growing and increasing the capabilities of its ride-hailing team to support a full scale ride-hailing business in Türkiye. The team will grow from its current size of around 180 people to approximately 260 people, with an emphasis on hires in the technology, product, business operations, and business performance departments that are key contributors to delivering optimal rider and driver experiences.</li>
</ol>
Together with these investments, Marti reiterates its 2025 revenue forecast of $34.0 million, and revises its adjusted EBITDA&#x2A; forecast from $3.0M to -$17.0M.
Taken together, these investments will further cement Marti's position as the leading ride-hailing operator across Türkiye.

Marti Expands Ride-Hailing to 6 New Cities in Türkiye, Targets 42M People, Plans Major Hiring, Drops Fees to Boost Growth in 2025–26

FHTX

Flagship Pioneering Launches Terrana Biosciences With $50M To Advance RNA-Based AgTech Platform For Climate-Resilient, High-Yield Crops

GPUS

Hyperscale Data's Ault Markets Plans To Launch Decentralized Cryptocurrency Exchange To Be Based In US, With Headquarters In Las Vegas, Nevada

HC Wainwright &amp; Co. analyst Scott Buck maintains BigBear.ai Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>) with a Buy and raises the price target from $6 to $9.

BBAI

HC Wainwright & Co. Maintains Buy on BigBear.ai Hldgs, Raises Price Target to $9

Parsons Acquires Chesapeake Technologies International For $89M To Bolster Defense Tech, Expand Indo-Pacific Footprint

ZURA

Zura Bio Appoints Eric Hyllengren As CFO, Succeeding Verender Badial, Effective July 7, 2025

MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) reported quarterly earnings of $1.08 per share which beat the analyst consensus estimate of $1.03 by 4.96 percent. This is a 18.8 percent decrease over earnings of $1.33 per share from the same period last year. The company reported quarterly sales of $971.14 million which beat the analyst consensus estimate of $970.23 million by 0.09 percent. This is a 0.84 percent decrease over sales of $979.35 million the same period last year.

Earnings Beats

MSC Industrial Direct Co Q3 Adj. EPS $1.08 Beats $1.03 Estimate, Sales $971.14M Beat $970.23M Estimate

The first half of 2025 was nothing short of a roller coaster for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), marked by historic highs, sharp corrections, and exciting recoveries.
What Happened: The apex cryptocurrency blasted to a new all-time high in January, driven by optimism over a <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43079668/bitcoin-hits-record-109000-ahead-of-trumps-inauguration-sparks-market-rally">crypto-supportive U.S. administration</a> under President Donald Trump.
Major institutional investments, such as Strategy Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) large BTC purchases, also added to the momentum.
However, this rally couldn't be sustained for long. <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/46111863/toy-prices-see-unprecedented-surge-as-trump-tariffs-take-a-toll-theres-just-no-escaping-china">Trump's sweeping tariff policies</a> spurred macroeconomic uncertainty, sending risk-on markets into a tailspin. The result—Bitcoin plummeted below $75,000, its lowest level in nearly six months.
But if sixteen years of Bitcoin have taught us anything, it&#8217;s that things don't remain the same for long.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46149584/why-crypto-investors-are-receiving-internal-revenue-service-warning-letters">Why Crypto Investors Are Receiving Internal Revenue Service Warning Letters</a>
Bitcoin made a powerful recovery, fueled by tariff exemptions and trade de-escalation, and went on to set a new all-time high of $111,970. Market sentiment has been buoyed by <a href="https://www.benzinga.com/crypto/25/06/46107611/bitcoin-tops-this-key-level-as-institutions-pile-on-ethereum-dogecoin-rangebound-analyst-says-buying-btc-now-is-like-buying-it-for-20000-in-2020">continued institutional interest</a> and a gradual rebound in network activity. Overall, it gained about 15% in the first six months of 2025.
Looking ahead, analysts remain divided but optimistic about Bitcoin&#8217;s prospects for the rest of the year.
Michael Terpin, CEO of Transform Ventures and author of the book "Bitcoin Supercycle, expected the King Crypto to trend upward in the second half.
"While I don't see a 10x growth in the next six months, I do see a clear path to $200,000 and a blowoff top fueled by the explosion in Bitcoin treasury companies of $250,000 or higher," he stated. "This is where every four-year cycle moves from the bubble pop of Bitcoin Summer to the road to capitulation at the end of Bitcoin Fall."
Closely aligned with this projection was Kadan Stadelmann, blockchain developer and chief technology officer of Komodo Platform.
"Many factors point towards a Bitcoin price of between $180,000 and $250,000 by year's end, including increased investment by U.S. retirement funds, global sovereign wealth funds, nation-states via strategic Bitcoin reserves, and Bitcoin Treasuries in the private sector," Stadelmann told Benzinga.
Several firms have been <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46087988/anthony-pompliano-says-companies-following-michael-saylors-playbook-may-have-raised-large-sums-but-they-arent-able-to-buy-bitcoin-yet-explains-why-procap-is-differ">emulating the playbook popularized by Strategy</a>, which involves buying and holding Bitcoin in corporate reserves. Even the Trumps have <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45949846/trump-medias-bitcoin-investment-plan-gets-sec-nod-unlocking-2-3-billion-in-capital">jumped aboard</a>, with the Trump Media and Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) setting aside $2.3 billion to create a Bitcoin treasury.
Meanwhile, even analysts from financial biggies like VanEck, Fundstrat and Standard Chartered <a href="https://www.benzinga.com/markets/cryptocurrency/25/06/45845944/bitcoin-price-forecast-how-high-can-bitcoin-go-wall-streets-brash-180-250k">anticipate a 2025 BTC high</a> of $180,000 to $250,000 based on institutional adoption and patterns from past markets.
But amid these daring calls, Peter Schiff&#8217;s unwavering skepticism persists, who, despite Bitcoin's recent recovery, is convinced that he&#8217;ll <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45852628/peter-schiff-left-unfazed-as-bitcoin-spikes-above-110000-doesnt-agree-his-legacy-is-destroyed-ill-eventually-be-proven-right">"eventually be proven right."</a> No prizes for guessing what he has predicted about Bitcoin!
Price Action:&nbsp; At the time of writing, Bitcoin was exchanging hands at $107,678.46, up 0.34% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. The coin traded 3.27% away from its all-time high.
Photo Courtesy: Rido on Shutterstock.com
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46148904/donald-trump-says-bitcoin-takes-a-lot-of-pressure-off-the-dollar">Donald Trump Says &#8216;Bitcoin Takes A Lot Of Pressure Off The Dollar&#8217;</a></li>
</ul>

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