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Times of Oman
11 hours ago
- Business
- Times of Oman
Oil prices rise for fourth day
Singapore: Oil prices rose for a fourth straight day on Thursday, as investors worried about supply shortages. Brent crude futures for September delivery, which are set to expire on Thursday, rose 27 cents, or 0.4%, to $73.51 a barrel, while US West Texas Intermediate (WTI) crude for September gained 37 cents, or 0.5%, to $70.37 a barrel. The more active Brent October contract was up 29 cents, or 0.4%, at $72.76 Both benchmarks settled 1% higher on Wednesday.
Yahoo
18 hours ago
- Business
- Yahoo
Strategy Closes $2.52B STRC IPO, Acquires 21,021 Bitcoin At $117K Each
Strategy (NASDAQ:MSTR), formerly known as MicroStrategy, has completed a $2.52 billion initial public offering (IPO) of its STRC preferred stock and used the proceeds to purchase 21,021 Bitcoin at an average price of $117,256 per BTC, the company announced July 29. The STRC stock offering, the largest U.S. IPO of 2025 to date, involved 28,011,111 shares of Variable Rate Series A Perpetual Stretch Preferred Stock, priced at $90 per share. The stock is set to begin trading on the Nasdaq Global Select Market under the ticker symbol "STRC" starting July 30. The Michael Saylor-led company netted approximately $2.474 billion after fees and offering expenses, and immediately deployed the funds into Bitcoin. With the new purchase, the firm now holds 628,791 BTC, acquired at a total cost of $46.8 billion, averaging $73,227 per Bitcoin across all purchases to date. Also Read: The STRC offering marks multiple firsts: it is the first U.S.-listed perpetual preferred security from a Bitcoin treasury company and the first to pay monthly dividends using a board-determined rate policy. It also introduces a new short-duration, income-oriented structure aimed at broadening access to yield-focused investors. Strategy now offers four Nasdaq-listed securities (MSTR, STRK, STRF, STRD), with STRC as its latest addition, reinforcing its capital markets strategy to raise funds for direct Bitcoin acquisition. The offering was led by Morgan Stanley, Barclays, Moelis & Company and TD Securities, among others. The company has continued to position itself as the world's first Bitcoin Treasury Company, using a combination of equity, debt and operational cash flows to build and expand its Bitcoin holdings while offering investors different risk profiles through structured financial instruments. Read Next: • Photo: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Strategy Closes $2.52B STRC IPO, Acquires 21,021 Bitcoin At $117K Each originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Globe and Mail
21 hours ago
- Business
- Globe and Mail
Single-Stock ETFs in Focus as Big Tech Earnings Unfold
Earnings reports from major tech giants are in focus this week, with Meta Platforms META, Microsoft MSFT, Apple AAPL and Amazon AMZN set to announce results. These updates are expected to provide crucial insights into their future growth strategies, particularly around AI and infrastructure investments. Except for Apple, these stocks have been key drivers of the market's rally from the April lows to fresh all-time highs. Microsoft and Meta have each surged over 30% in the past three months, while Amazon is up 24%, underscoring strong investor confidence in their AI leadership. All three are heavily investing in data centers and infrastructure critical to powering large language models and other AI technologies. Apple, meanwhile, has been a notable laggard, gaining just 2% during the same period as it faces slowing device sales and investor skepticism over its AI roadmap. As a group, the so-called 'Magnificent 7' is expected to report a 14% year-over-year increase in second-quarter earnings on 11.9% higher revenues, highlighting the sector's continued strength despite a mixed macro backdrop (read: Big Tech Earnings Coming Up: Spotlight on Mag 7 ETFs). Microsoft Microsoft is scheduled to report on July 30 after market close. Microsoft has an Earnings ESP of -0.64% and a Zacks Rank #2 (Buy). According to our methodology, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 or 3 (Hold) increases the chances of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Microsoft saw no earnings estimate revision over the past 30 days for the second quarter of fiscal 2025. Its earnings track record is impressive, with the four-quarter earnings surprise being 5.21%, on average. The Zacks Consensus Estimate indicates earnings growth of 13.56% and revenue growth of 13.88% from the year-ago quarter. The world's largest software company will continue to grow as artificial intelligence applications drive more cloud infrastructure usage. Microsoft's Azure cloud business is benefiting from the company's partnership with AI leader OpenAI. Wall Street is clearly bullish on the world's largest software company heading into the results, raising the target price on the stock. Evercore ISI raised its price target to $545.00 from $515.00, citing that the company's momentum in Azure and AI will continue to drive "durable double-digit top and bottom line growth.' Wedbush lifted the price target to $6000. According to Wedbush, the company "is just hitting its next phase of monetization on the AI front," thanks to the adoption of Copilot, its chatbot and the cloud-computing platform Azure (read: ETFs to Surge as Microsoft Tops $3.5T, Reclaims Top Spot). T-Rex 2X Long Microsoft Daily Target ETF MSFX and Direxion Daily MSFT Bull 2X Shares MSFU seek to track two times the performance of the stock of Microsoft. MSFU is slightly cheaper, charging 99 bps in annual fees, while MSFX has a 1.05% expense ratio. Meta Platforms Meta Platforms will also report second-quarter 2025 earnings on July 30 after market close. It has an Earnings ESP of +2.91% and a Zacks Rank #1. The social media giant saw a positive earnings estimate revision of five cents for the second quarter over the past seven days. The Zacks Consensus Estimate for the yet-to-be-reported quarter indicates substantial year-over-year earnings growth of 12.98%. Revenues are expected to increase 14.77% year over year. Meta Platforms delivered an earnings surprise of 17.30%, on average, in the last four quarters. Meta's AI strategy now serves as the backbone of its business transformation. The company has now committed $60-70 billion in capital expenditure for this year, with the lion's share earmarked for AI infrastructure. This includes cutting-edge data centers like Prometheus and Hyperion, as well as the deployment of NVIDIA's Grace Hopper Superchip. These bold investments are already delivering results across Meta's platforms. The 30% adoption of Advantage+ is driving a 5% boost in Reels conversion rates. AI-driven recommendations have lifted time spent on Facebook by 7% and on Threads by a remarkable 35%. Instagram Reels engagement is up 24%, fueled by improved algorithmic personalization. The world's largest social media platform projects revenues in the range of $42.5-$45.5 billion for the second quarter. As such, single-stock ETFs targeting META have been in focus. GraniteShares 2x Long META Daily ETF FBL and Direxion Daily META Bull 2X Shares METU are the two available options. Both funds track two times the performance of Meta Platforms stock. META is slightly cheap, charging 95 bps in annual fees, while FBL has a 1.15% expense ratio. Apple Apple has an Earnings ESP of +3.52% and a Zacks Rank #3. Apple saw a positive earnings estimate revision of a penny over the past 30 days for the fiscal third quarter of 2025. The iPhone maker has a strong track record of positive earnings surprises. It delivered an average earnings surprise of 4.68% in the trailing four quarters. The Zacks Consensus Estimate indicates a modest year-over-year increase of 1.43% for earnings and 3.67% for revenues. On the last earnings call, the iPhone maker guided 'low to mid-single digit' sales growth for the fiscal third quarter. Chief executive Tim Cook warned that Apple is likely to face a $900 million headwind as a result of tariffs. He added that it is 'very difficult' to predict beyond June due to uncertainties surrounding the U.S.-China trade policy. Apple is scheduled to report on July 31 after market close. Investors seeking exposure to Apple ahead of its earnings could consider T-Rex 2X Long Apple Daily Target ETF AAPX, GraniteShares 2x Long AAPL Daily ETF AAPB and Direxion Daily AAPL Bull 2X AAPU. The trio tracks 200% of the daily percentage change of the common stock of Apple. AAPB is costlier, charging a high expense ratio of 1.65% while AAPX has an expense ratio of 1.05%. AAPU charges 89 bps in annual fees from investors. Amazon Amazon will also release its results on July 31 after market close. The stock has an Earnings ESP of +7.37% and a Zacks Rank #1. The company saw a positive earnings estimate revision of a penny over the past seven days for the second quarter. The Zacks Consensus Estimate indicates a year-over-year earnings increase of 8.13% and substantial revenue growth of 9.67% for the to-be-reported quarter. Additionally, Amazon's earnings surprise history is impressive, with the four-quarter average surprise being 20.68%. Amazon continues to dominate the e-commerce business and is expanding its footprint in cloud computing, advertising and various other sectors. The world's largest online retailer projected revenues of $159-$164 billion for the second quarter of 2025. Blockbuster Prime Day Event sales are likely to boost revenues for the company (read: 5 ETFs to Profit From Amazon's Longest-Ever Prime Day Event). Like other tech companies, Amazon is ramping up investments in data centers, chips and the power needed for AI workloads. It is also investing in its own computer chips and those developed by NVIDIA. However, CFO Brian Olsavsky, on the last earnings call, issued a cautious outlook due to uncertain consumer demand in the face of President Trump's shifting tariff policies. Direxion Daily AMZN Bull 2X Shares ETF AMZU tracks two times the performance of Amazon shares, charging 87 bps in annual fees. Boost Your Portfolio with Our Top ETF Insights Zacks' exclusive Fund Newsletter delivers actionable information, top news and analysis, as well as top-performing ETFs, straight to your inbox every week. Don't miss out on this valuable resource. It's free! Get it now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Meta Platforms, Inc. (META): Free Stock Analysis Report
Yahoo
a day ago
- Business
- Yahoo
Smart IR Heating Systems Gain Traction in Precision Applications
By 2034, the Global Infrared Quartz Lamp Market is set to grow from USD 1.31 Billion in 2025 to USD 2.19 Billion, driven by a 7.6% CAGR. Key sectors—automotive, packaging, and more—benefit from energy-efficient, quick-response heating. Asia-Pacific sees significant growth. Explore trends, segmentation, and market forecasts. Infrared Quartz Lamp Market Dublin, July 30, 2025 (GLOBE NEWSWIRE) -- The "Infrared Quartz Lamp Market Size, Share, Trends, Analysis, and Forecast 2025-2034 | Global Industry Growth, Competitive Landscape, Opportunities, and Challenges" report has been added to Global Infrared Quartz Lamp Market Size is valued at USD 1.31 Billion in 2025. Worldwide sales of Infrared Quartz Lamp Market are expected to grow at a significant CAGR of 7.6%, reaching USD 2.19 Billion by the end of the forecast period in 2034. The Infrared Quartz Lamp Market is witnessing steady growth driven by its widespread application across industrial, commercial, and residential settings. Infrared quartz lamps are valued for their efficient and targeted heat transfer, fast response time, and energy-saving potential. These lamps emit infrared radiation that is absorbed directly by objects without significantly heating the surrounding air, making them ideal for processes requiring focused and immediate sectors including automotive, packaging, plastics, textiles, food processing, and electronics rely on infrared quartz lamps for tasks such as drying, curing, forming, and surface heating. Their ability to provide uniform and controllable heat distribution enhances production speed and consistency, especially in automated or high-throughput in quartz tube design, wavelength optimization, and reflectivity enhancement is leading to more efficient, longer-lasting infrared heating solutions. Manufacturers are developing customized lamp configurations and modular systems to cater to specific heating profiles in high-precision manufacturing processes. While North America and Europe maintain significant market shares due to strong industrial bases and emphasis on energy efficiency, Asia-Pacific is emerging rapidly with growing manufacturing activities and investments in automation. The market is becoming increasingly competitive as companies emphasize value-added services, such as installation support and remote diagnostics, along with advancements in sensor integration for smart heating Takeaways - Infrared Quartz Lamp Market Widespread use in drying and curing applications is driving demand across manufacturing sectors like textiles, coatings, and adhesives. Short-wave and medium-wave variants are being tailored for materials with differing absorption characteristics, enhancing application versatility. Demand is growing for energy-efficient and quick-response heating technologies, especially in climate-sensitive production environments. Asia-Pacific is rapidly becoming a major market due to expanding industrial bases and infrastructure development across China, India, and Southeast Asia. Integration of quartz lamps in automated production lines is increasing as manufacturers seek to optimize thermal process control. North America and Europe continue to lead in product innovation, particularly in low-emission, high-durability quartz lamp solutions. Customization of lamp shapes and lengths is enabling better heat targeting in irregular or complex industrial layouts. Price volatility in raw materials such as quartz and tungsten filaments affects profit margins and procurement planning. Smart IR heating systems with feedback sensors and IoT integration are gaining traction in high-precision applications. Growing use in food and beverage processing, particularly for sterilization and drying, is diversifying market demand. Electronics and semiconductor sectors are adopting infrared quartz lamps for moisture removal and component curing processes. Increased focus on sustainability is encouraging the development of longer-life, recyclable, and RoHS-compliant lamp models. Manufacturers are offering bundled solutions that include controls, reflectors, and integration kits to streamline end-user adoption. Intense competition is pushing suppliers to invest in after-sales support, training, and global distribution capabilities. New applications in automotive repair (e.g., paint curing) and residential heating systems are contributing to expanded market reach. What You Receive Global Infrared Quartz Lamp market size and growth projections (CAGR), 2024- 2034 Impact of recent changes in geopolitical, economic, and trade policies on the demand and supply chain of Infrared Quartz Lamp. Infrared Quartz Lamp market size, share, and outlook across 5 regions and 27 countries, 2025- 2034. Infrared Quartz Lamp market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2025- 2034. Short and long-term Infrared Quartz Lamp market trends, drivers, restraints, and opportunities. Porter's Five Forces analysis, Technological developments in the Infrared Quartz Lamp market, Infrared Quartz Lamp supply chain analysis. Infrared Quartz Lamp trade analysis, Infrared Quartz Lamp market price analysis, Infrared Quartz Lamp Value Chain Analysis. Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products. Latest Infrared Quartz Lamp market news and developments. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $1.31 Billion Forecasted Market Value (USD) by 2034 $2.53 Billion Compound Annual Growth Rate 7.6% Regions Covered Global Companies Featured Heraeus Noblelight GmbH GE Lighting (Savant Systems) Philips Lighting (Signify N.V.) Ushio Inc. Dr. Fischer Group Helios Quartz Group Victory Lighting Ltd. GIRIRAJ ELECTRICALS Watlow Electric Manufacturing Company Tempco Electric Heater Corporation FRICO AB IRTA Group Industrial Heater Corporation Hindalco Industries Limited SCHOTT AG Infrared Quartz Lamp Market Segmentation By Product Shortwave Mediumwave Longwave By Application Heating Lighting Cooking By End User Residential Commercial Industrial By Technology Conventional Smart By Distribution Channel Online Offline By Geography North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC) The Middle East and Africa (Middle East, Africa) South and Central America (Brazil, Argentina, Rest of SCA) For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Infrared Quartz Lamp Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
2 days ago
- Business
- Yahoo
Pet Insurance Market Forecast Report 2025-2030: Europe Leads Global Pet Insurance Market with Sweden Achieving 90% Coverage Rate
The Global Pet Insurance Market is set to grow from USD 8.544 billion in 2025 to USD 17.192 billion by 2030, driven by rising veterinary costs and increased pet theft. Europe leads the market with high adoption rates, while North America shows strong growth potential. Overcoming rising premiums remains a challenge. Global Pet Insurance Market Dublin, July 30, 2025 (GLOBE NEWSWIRE) -- The "Pet Insurance Market - Forecasts from 2025 to 2030" report has been added to Global Pet Insurance Market is expected to grow from USD 8.544 billion in 2025 to USD 17.192 billion in 2030, at a CAGR of 15.01%. Market Growth Drivers Rising Veterinary Healthcare CostsEscalating costs in the veterinary healthcare sector are a primary driver of pet insurance demand. Advanced treatments, such as knee replacements, allergy testing, cancer therapies, and chiropractic care, previously exclusive to humans, are now available for pets. These sophisticated procedures have significantly increased veterinary expenses, prompting pet owners to seek insurance to mitigate financial burdens. The growing awareness of pet insurance as a solution to manage these costs is expected to fuel market expansion. Increase in Pet TheftPet theft, particularly dog theft, has surged, further driving demand for insurance policies covering loss or theft. In the UK, data from 2021 reported a 13% increase in pet thefts, totaling 2,670 cases, the highest in seven years. Despite government efforts to issue protective guidelines, these measures have proven ineffective, leading pet owners to rely on insurance policies to cover the financial impact of losing a pet. This trend is anticipated to bolster the pet insurance market. Market Restraints Rising Policy PremiumsThe cost of pet insurance premiums has risen sharply, largely due to advancements in veterinary treatments that enable more accurate diagnoses and sophisticated care. These high-cost treatments directly impact premium rates, as insurance providers adjust pricing to cover potential claims. Some providers, prioritizing revenue, increase rates aggressively, risking customer retention. Additionally, premiums often rise as pets age, reflecting the higher likelihood of illness, even for pets with no prior claims. The shorter average lifespan of pets compared to humans exacerbates this issue, as ailments tend to manifest more quickly, further elevating insurance costs. Regional Insights Europe holds the largest market share globally, with Sweden leading at approximately 90% pet insurance coverage. The region benefits from high awareness and adoption of pet insurance. North America is identified as the fastest-growing market, driven by rapid advancements in pet insurance offerings and increasing pet ownership. The region's growth is supported by rising veterinary costs and consumer awareness of insurance benefits. The global pet insurance market is set to grow, propelled by increasing veterinary costs and rising pet theft incidents. However, challenges such as escalating premiums may hinder adoption. Europe remains the market leader, while North America shows the strongest growth potential. Industry stakeholders must balance premium pricing with customer retention to capitalize on these growth opportunities. Report Coverage: Historical data from 2022 to 2024 & forecast data from 2025 to 2030 Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis Competitive Positioning, Strategies, and Market Share Analysis Revenue Growth and Forecast Assessment of segments and regions including countries Company Profiling (Strategies, Products, Financial Information, and Key Developments among others) Nationwide Mutual Insurance Company MetLife Services and Solutions Healthy Paws Pet Insurance Crum & Foster Pet Insurance Group Trupanion, Inc. Pet Plan Limited Embrace Pet Insurance Agency, LLC Animal Friends Insurance Services Limited Petsecure Pet Health Insurance 24PetWatch Pet Insurance Key Attributes: Report Attribute Details No. of Pages 145 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $8.54 Billion Forecasted Market Value (USD) by 2030 $17.19 Billion Compound Annual Growth Rate 15.0% Regions Covered Global Key Topics Covered: 1. EXECUTIVE SUMMARY2. MARKET SNAPSHOT2.1. Market Overview2.2. Market Definition2.3. Scope of the Study2.4. Market Segmentation3. BUSINESS LANDSCAPE3.1. Market Drivers3.2. Market Restraints3.3. Market Opportunities3.4. Porter's Five Forces Analysis3.5. Industry Value Chain Analysis3.6. Policies and Regulations3.7. Strategic Recommendations4. TECHNOLOGICAL OUTLOOK5. PET INSURANCE MARKET BY ANIMAL TYPE5.1. Introduction5.2. Dog5.3. Cat5.4. Others6. PET INSURANCE MARKET BY POLICY TYPE6.1. Introduction6.2. Lifetime Cover6.3. Non-Lifetime Cover6.4. Accident-Only Cover7. PET INSURANCE MARKET BY COVERAGE SCOPE7.1. Introduction7.2. Comprehensive (Illness + Accident)7.3. Illness-Only7.4. Accident-Only7.5. Preventive Care Only8. PET INSURANCE MARKET BY END-USER8.1. Introduction8.2. Individual Pet Owners8.3. Professional Breeders and Kennels8.4. Veterinary Clinics9. PET INSURANCE MARKET BY GEOGRAPHY9.1. Introduction9.2. North America9.2.1. USA9.2.2. Canada9.2.3. Mexico9.3. South America9.3.1. Brazil9.3.2. Argentina9.3.3. Others9.4. Europe9.4.1. Germany9.4.2. France9.4.3. United Kingdom9.4.4. Spain9.4.5. Others9.5. Middle East and Africa9.5.1. Saudi Arabia9.5.2. UAE9.5.3. Others9.6. Asia Pacific9.6.1. China9.6.2. India9.6.3. Japan9.6.4. South Korea9.6.5. Indonesia9.6.6. Thailand9.6.7. Others10. COMPETITIVE ENVIRONMENT AND ANALYSIS10.1. Major Players and Strategy Analysis10.2. Market Share Analysis10.3. Mergers, Acquisitions, Agreements, and Collaborations10.4. Competitive Dashboard11. COMPANY PROFILES Nationwide Mutual Insurance Company MetLife Services and Solutions, LLC Healthy Paws Pet Insurance, LLC. Crum & Foster Pet Insurance Group Trupanion, Inc. Pet Plan Limited Embrace Pet Insurance Agency, LLC Animal Friends Insurance Services Limited Petsecure Pet Health Insurance 24PetWatch Pet Insurance For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Global Pet Insurance Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
