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Pagaya Technologies Ltd. (PGY) Soars 25.4%: Is Further Upside Left in the Stock?
Pagaya Technologies Ltd. (PGY) Soars 25.4%: Is Further Upside Left in the Stock?

Yahoo

time20 hours ago

  • Business
  • Yahoo

Pagaya Technologies Ltd. (PGY) Soars 25.4%: Is Further Upside Left in the Stock?

Pagaya Technologies Ltd. (PGY) shares ended the last trading session 25.4% higher at $29.5. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 24.8% gain over the past four weeks. The shares surged after the company announced it expects second-quarter 2025 results to exceed the high end of prior guidance across most key metrics. This company is expected to post quarterly earnings of $0.62 per share in its upcoming report, which represents a year-over-year change of +520%. Revenues are expected to be $298.1 million, up 19.1% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Pagaya Technologies Ltd., the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on PGY going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Pagaya Technologies Ltd. belongs to the Zacks Financial - Miscellaneous Services industry. Another stock from the same industry, XP Inc.A (XP), closed the last trading session 0.9% lower at $18.12. Over the past month, XP has returned -7.9%. XP Inc.A's consensus EPS estimate for the upcoming report has changed +17.1% over the past month to $0.43. Compared to the company's year-ago EPS, this represents a change of +10.3%. XP Inc.A currently boasts a Zacks Rank of #1 (Strong Buy). 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 Pagaya Technologies Ltd. (PGY) : Free Stock Analysis Report XP Inc. (XP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error 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

Missing Windows XP? Here's how you can still run it on modern PCs in 2025
Missing Windows XP? Here's how you can still run it on modern PCs in 2025

Mint

time4 days ago

  • Mint

Missing Windows XP? Here's how you can still run it on modern PCs in 2025

Windows XP holds a special place in many users' hearts. Even after more than two decades, some still want to run this classic operating system on modern hardware. While most people use XP inside virtual machines, a small but passionate community is going further, making XP work directly on the latest computers. Yes, you can, though it is not as simple as it used to be. Hardware made after 2018 was not designed with XP in mind, so getting it to work takes patience and some old-school troubleshooting. The main challenges are modern PC settings and driver compatibility. Most new computers use something called UEFI firmware which is basically the computer's main settings menu. This is where the hardware gets ready for Windows to start. To open this menu, restart your computer and press a key like F2, Del, F10, or Esc during startup. The exact key usually shows briefly on the screen or can be found online for your model. Here are the settings you need to look for and why: Secure Boot prevents your computer from running operating systems it does not recognise. Since XP is very old, you will need to switch this off. You can usually find this under the Security or Boot sections. UEFI or Legacy Boot Mode controls how your computer starts. You need to set it to Legacy or CSM mode, so it behaves like older machines that XP understands. TPM is a security chip. XP does not support TPM 2.0, so if your PC has it, you should turn it off. SATA Mode controls how your storage drive communicates with the system. Change it to IDE or Legacy instead of AHCI or RAID, so XP can detect the drive during installation. Be sure to save your changes before exiting by pressing F10 on most computers. These steps make your modern PC act like an older one temporarily, giving XP a chance to install. If you are unsure of your current settings, write them down or take photos before making changes so you can restore them if needed. Once the settings are adjusted, the biggest problem is drivers. XP doesn't support most modern Wi-Fi cards, graphics, or USB devices. You will need special drivers from online forums or older compatible versions. Some hardware might not work at all. Many enthusiasts create custom XP installation disks with the required drivers already included. Tools like NTLite and Rufus help merge drivers and service packs into your installation files. Since modern PCs often lack DVD drives, installing from USB is usually necessary. Always download your XP installer from a trusted source and check for malware. If you have a valid old product key, it usually still activates XP. Microsoft ended official support in 2014, so updates and licensing are unofficial now. Using XP online is risky because of unpatched security gaps. Experts advise keeping XP systems offline or using them only for specific older programs. Some fans use an unofficial Service Pack 4, which bundles previous fixes, but it does not solve all issues. For most users, running XP in a virtual machine is safer and easier. Running it on real hardware is a niche hobby for those who enjoy a technical challenge. If you enjoy experimenting and learning how computers work, bringing XP back to life on modern hardware can be rewarding. Helpful guides and communities exist online for anyone willing to try. With some time and effort, Windows XP can still run on today's newest PCs. But this is only for those who want a taste of computing from the early 2000s, not productivity.

Brazil's XP sues short seller Grizzly Research in New York, alleges defamation
Brazil's XP sues short seller Grizzly Research in New York, alleges defamation

Reuters

time08-07-2025

  • Business
  • Reuters

Brazil's XP sues short seller Grizzly Research in New York, alleges defamation

NEW YORK, July 7 (Reuters) - The Brazilian fintech company XP (XP.O), opens new tab filed a U.S. lawsuit on Monday accusing the short seller Grizzly Research of defamation over a March 12 report, opens new tab accusing XP of running a "Madoff-like Ponzi scheme." In a complaint filed in federal court in Manhattan, XP said it suffered more than $100 million in harm to its business and reputation from the report, with many longtime clients, investors and business partners withdrawing their funds. It accused Grizzly and its owner Siegfried Eggert of "brazenly, maliciously, and recklessly" publishing the report, with a goal of driving down XP's stock price so they could profit on short positions. Grizzly could not be immediately reached by phone or email after business hours, and its website was not accepting messages seeking comment on the lawsuit. Lawyers for XP did not immediately respond to requests for alternative contact information. XP's press office in Brazil declined to comment. Short sellers sell borrowed shares that they hope to repurchase later at lower prices, to replenish lenders, and pocket the difference in price. Other short sellers have been sued in the United States over their alleged defamatory reports. In its report, Grizzly said XP's alleged Ponzi scheme involved derivatives sales to retail clients, which were then funneled through special funds and misrepresented as proprietary trading profit. Grizzly said the alleged scheme was "likely to involve nefarious activities," and XP would be unprofitable without it. XP called Grizzly's claims of impropriety "demonstrably false" because its Gladius and Coliseu funds were proprietary and had no outside investors, and the challenged transactions complied with applicable Brazilian law. Shares of XP fell 5.5% to $14.14 on March 12 in New York. They closed down 32 cents at $19.48 on Monday. The lawsuit seeks unspecified compensatory and punitive damages. Madoff refers to the late swindler Bernard Madoff. The case is XP inc et al v Grizzly Research LLC et al, U.S. District Court, Southern District of New York, No. 25-05564.

Brazil's XP sues short seller Grizzly Research in New York, alleges defamation
Brazil's XP sues short seller Grizzly Research in New York, alleges defamation

Yahoo

time08-07-2025

  • Business
  • Yahoo

Brazil's XP sues short seller Grizzly Research in New York, alleges defamation

By Jonathan Stempel NEW YORK (Reuters) -The Brazilian fintech company XP filed a U.S. lawsuit on Monday accusing the short seller Grizzly Research of defamation over a March 12 report accusing XP of running a "Madoff-like Ponzi scheme." In a complaint filed in federal court in Manhattan, XP said it suffered more than $100 million in harm to its business and reputation from the report, with many longtime clients, investors and business partners withdrawing their funds. It accused Grizzly and its owner Siegfried Eggert of "brazenly, maliciously, and recklessly" publishing the report, with a goal of driving down XP's stock price so they could profit on short positions. Grizzly could not be immediately reached by phone or email after business hours, and its website was not accepting messages seeking comment on the lawsuit. Lawyers for XP did not immediately respond to requests for alternative contact information. XP's press office in Brazil declined to comment. Short sellers sell borrowed shares that they hope to repurchase later at lower prices, to replenish lenders, and pocket the difference in price. Other short sellers have been sued in the United States over their alleged defamatory reports. In its report, Grizzly said XP's alleged Ponzi scheme involved derivatives sales to retail clients, which were then funneled through special funds and misrepresented as proprietary trading profit. Grizzly said the alleged scheme was "likely to involve nefarious activities," and XP would be unprofitable without it. XP called Grizzly's claims of impropriety "demonstrably false" because its Gladius and Coliseu funds were proprietary and had no outside investors, and the challenged transactions complied with applicable Brazilian law. Shares of XP fell 5.5% to $14.14 on March 12 in New York. They closed down 32 cents at $19.48 on Monday. The lawsuit seeks unspecified compensatory and punitive damages. Madoff refers to the late swindler Bernard Madoff. The case is XP inc et al v Grizzly Research LLC et al, U.S. District Court, Southern District of New York, No. 25-05564.

Banco do Brasil boosts farm credit plan as investors question exposure
Banco do Brasil boosts farm credit plan as investors question exposure

Yahoo

time03-07-2025

  • Business
  • Yahoo

Banco do Brasil boosts farm credit plan as investors question exposure

By Gabriel Araujo SAO PAULO (Reuters) -Brazilian state-run lender Banco do Brasil said on Thursday it would bump up the money it allocates to national farm credit in the 2025/26 season, as markets grow increasingly worried about its exposure to the sector. Banco do Brasil is typically a pillar of the country's "Plano Safra," a government program providing farmers with subsidized loans, which is seen as critical to boosting output in the South American agricultural powerhouse. The bank said in a statement it would allocate 230 billion reais ($42.41 billion) this season, up 2% on a yearly basis. The government had disclosed its program totaling 605.2 billion reais earlier this week. "The bank kept its leadership in financing for both family farming and agribusiness, posting growth across all parts of the government's Plano Safra," CEO Tarciana Medeiros said, referring to the previous season. The announcement comes as investors voice concern over the bank's agricultural footprint, after it reported a profit miss in the first quarter and pulled some full-year projections due to the worsening of its agribusiness credit book delinquency. Shares of the state-run lender have plunged nearly 25% since it published its first-quarter results in May, with analysts at XP and BTG Pactual downgrading their recommendation on the stock. Asset manager Legacy Capital revealed in a report on Wednesday that it has been holding a short position on Banco do Brasil for some time now, saying that the market "still underestimates risks stemming from its agribusiness loan book." Banco do Brasil's agribusiness portfolio stood at 406.2 billion reais at the end of the first quarter, up 9% year-on-year, with a delinquency rate of 3.04%. The lender's overall outlook for expansion of its agribusiness credit portfolio this year ranges from 5% to 9%. Banco do Brasil shares were up 1.5% on Thursday, in line with benchmark stock index Bovespa. Some farmers in Brazil - a top global supplier of grains, coffee, meat, cotton and sugar - have struggled in recent years with bad weather, high interest rates and elevated input costs, leading to an increase in the number of bankruptcy filings. ($1 = 5.4237 reais) Error 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

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