Ultime notizie per Heritage Global (NASDAQ:HGBL) Azioni

Heritage Global

Heritage Glb

Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It aids in facilitating the economy by diverting useful industrial assets from landfills and operating a supply chain by overseeing the post-sale account activity of financial assets. The group operates in four segments namely Auction and Liquidation; Refurbishment and Resale; Brokerage and Specialty Lending. It generates maximum revenue from the Auction and Liquidation segment. The Auction and Liquidation segment, through HGP, operates as a full-service auction, appraisal, and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment.

Super Group (SGHC) Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGHC#NYSE">SGHC</a>) ("SGHC," the "Group" or "Super Group"), the holding company for leading global online sports betting and gaming businesses Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering, today provided an update for its second quarter performance, raised 2025 guidance and announced its intention to exit from the U.S. as part of an ongoing strategic review to streamline operations and enhance long-term shareholder value.
Super Group Announces Intention to Exit U.S. iGaming
The Group also announced that it intends to exit its U.S. iGaming operations, following a comprehensive evaluation of its global priorities, the evolving regulatory landscape, and the U.S. unit's financial performance. The Group is currently evaluating its strategic options in this regard.
Alinda Van Wyk, Chief Financial Officer, commented, "Various strategic exit options are under consideration. We are still early in the process but nonetheless would expect to incur a one-time cash restructuring cost of approximately $30 million - $40 million in connection with such an exit and are actively pursuing multiple efforts to minimize the impact thereof. Further details regarding these potential costs will be shared during our second quarter earnings release."

News

SGHC

Super Group Intends To Exit U.S. iGaming Following Recent Regulatory Shifts Impacting Long-Term U.S. Expected Profitability, Underscoring Disciplined Capital Allocation And Sharper Focus On Core Markets

Evercore ISI Group analyst Vijay Kumar maintains Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) with a Outperform and raises the price target from $140 to $145.

Price Target

Analyst Ratings

Evercore ISI Group Maintains Outperform on Abbott Laboratories, Raises Price Target to $145

Evercore ISI Group analyst Vijay Kumar maintains Agilent Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/A#NYSE">A</a>) with a In-Line and raises the price target from $125 to $130.

Evercore ISI Group Maintains In-Line on Agilent Technologies, Raises Price Target to $130

WIIM

PSTV

PLUS Therapeutics shares are trading higher after the company announced the treatment of initial patients for its ReSPECT-LM dose optimization trial of REYOBIQ.

RLYB

Rallybio shares are trading higher after the company entered an agreement to sell its interest in the REV102 program to Recursion Pharmaceuticals.

<ul>
<li>Record second quarter performance driven by strong sports results, pricing optimization, robust customer engagement and operational improvements</li>
<li>Raising full-year 2025 guidance: Ex-U.S. revenue expected to exceed $2.0 billion and Adjusted EBITDA in excess of $480 million</li>
<li>Intention to exit U.S. iGaming following recent regulatory shifts impacting long-term U.S. expected profitability, underscoring disciplined capital allocation and sharper focus on core markets</li>
<li>One-time restructuring cash cost related to the anticipated U.S. iGaming exit approximately between $30 million to $40 million; cost savings expected to begin in 2026</li>
<li>Full Q2 update will be provided in August and longer-term outlook to be presented at Investor Day on September 18, 2025, in London, U.K.</li>
</ul>
Super Group (SGHC) Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGHC#NYSE">SGHC</a>) ("SGHC," the "Group" or "Super Group"), the holding company for leading global online sports betting and gaming businesses Betway, a premier online sports betting brand, and Spin, a multi-brand online casino offering, today provided an update for its second quarter performance, raised 2025 guidance and announced its intention to exit from the U.S. as part of an ongoing strategic review to streamline operations and enhance long-term shareholder value.
As a result, Super Group is pleased to announce that 2Q 2025 is expected to be the strongest quarter in the Group's history. This continued and diversified strength increases confidence in the full-year outlook for 2025, and the Group is raising Ex-U.S. guidance accordingly:
<ul>
<li>Total revenue is now expected to exceed $2.0 billion vs. prior guidance of $1.925 billion</li>
<li>Total Adjusted EBITDA is now expected in excess of $480 million vs. prior guidance of $457 million</li>
</ul>
 &nbsp;

Guidance

Super Group Now Projects FY25 Ex-U.S. Revenue To Exceed $2B Vs Prior Guidance Of $1.925B And Adjusted EBITDA In Excess Of $480M Vs. Prior Guidance Of $457M

SRXH

SRXH stock has given up its prior gain. SRX Health shares were trading higher after the company announced the closing of a $7.3 million convertible note financing.

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

Cryptocurrency

Markets

ETFs

Trump Media Files Registration Statement For The Truth Social Crypto Blue Chip; ETF Will Hold Bitcoin, Ether, Solana, Cronos And Ripple

Artificial intelligence is poised to transform labor-heavy industries such as consulting, accounting, and legal services—sectors worth an estimated $5 trillion globally—by enabling software-like margins and reducing dependence on human labor, Mayfield Managing Director Navin Chaddha <a href="https://techcrunch.com/2025/06/29/why-ai-will-eat-mckinseys-lunch-but-not-today/">told</a> TechCrunch.
Chaddha said if 80% of the work is done by AI, companies can achieve gross margins of 80% to 90%. He added that Mayfield has earmarked $100 million from its latest fund specifically for companies building AI teammates.
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<h2 class="wp-block-heading">Target Small Clients, Not Big Firms</h2>
Chaddha told TechCrunch that startups should target underserved small and midsize businesses rather than attempt to compete directly with consulting giants like Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>), McKinsey, or Tata Consultancy Services. He said 30 million small businesses in the U.S. and 100 million globally often lack access to traditional knowledge workers.
Instead of billing hourly or monthly, Chaddha said AI-first companies could use event-based pricing—charging per service delivered, such as a completed project or triggered event.
<h2 class="wp-block-heading">Gruve Scales With Pay-for-Performance Model</h2>
Chaddha said Mayfield led the $20 million Series A round for Gruve, a security-focused consulting startup. According to TechCrunch, Gruve acquired a $5 million managed services business and scaled it to $15 million in revenue within six months.
The company uses outcome-based pricing, charging only when a security event occurs, and has reportedly achieved gross margins of around 80%.
Chaddha highlighted that Gruve's approach resonated with clients like Cisco Systems&nbsp; (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), who prefer paying only when results are delivered. "They say, ‘Hey, I'm not getting hacked. Why am I paying for all these security people?"
Trending: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. <a href="https://www.benzinga.com/money/this-company-may-have-found-a-way-to-treat-cancer-by-tricking-the-bodys-immune-system-and-early-studies-show-some-promise-find-out-how-you-can-invest-in-the-future-of-cancer-treatment">Back a bold new approach to cancer treatment with high-growth potential.</a>
<h2 class="wp-block-heading">Innovator's Dilemma in Big Firms</h2>
Chaddha told TechCrunch that legacy firms like McKinsey and Accenture face an innovator's dilemma: shifting from retainers and hourly billing to AI-driven, outcome-based pricing risks disrupting their predictable revenue streams.&nbsp;
He said this hesitation gives AI-first startups a critical window to scale before incumbents adapt.
<h2 class="wp-block-heading">The AI Teammate Distinction</h2>
Chaddha differentiated between AI tools and AI teammates. He defined AI teammates as systems that &#8220;collaborate with a human on shared goals and get to better outcomes," according to TechCrunch.&nbsp;
"The aim is not to replace," Chaddha said. "The aim is to team up and collaborate together."&nbsp;
These may be built using large language models or agentic frameworks and serve roles across HR, sales, and engineering.
See Also: $100k+ in investable assets? <a href="https://www.benzinga.com/money/wiseradvisor-retirement-planning">Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes</a> – no cost, no obligation.
<h2 class="wp-block-heading">VC Strategy: Mental Discipline Counts</h2>
Chaddha told TechCrunch that Mayfield allocated $100 million last fall for AI teammate startups. He advised entrepreneurs to avoid fear of missing out, stay disciplined, and craft a clear long-term thesis.
"Have your own North Star. Have discipline and have no FOMO, because FOMO is for sheep," he said. Chaddha cautioned that while many will make money, about 80% of startups—and even VCs—may falter without a strong strategy.
Chaddha emphasized that investing in AI demands experience and restraint. "It's not a science; it's an art," he said. "The more you practice this, the better you get."
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Image: Shutterstock

CSCO

Forget Big Tech: This VC Is Betting $100M on AI That Serves 30M Neglected Small Businesses

CRCL

Circle Internet Group shares are trading lower after Mizuho initiated coverage on the stock with an Underperform rating and announced a price target of $85.

Super Group To Exit US iGaming, Citing Recent Regulatory Shifts

<a href="https://www.benzinga.com/topic/s-p-500-index">The S&amp;P 500</a> is on fire this July, just as it has been every year since 2015. But behind the celebratory green candles and fresh highs lurks a much murkier picture.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">S&amp;P 500 has traded above its upper Bollinger Band for the past 8 days &#x1f6a8; The last time it did that was in July 2024 and then <a href="https://twitter.com/search?q=%24SPY&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPY</a> promptly corrected by 10% &#x1f4c9;&#x1f4c9; <a href="https://t.co/p3ysYAiMk4">pic.twitter.com/p3ysYAiMk4</a>
&mdash; Barchart (@Barchart) <a href="https://twitter.com/Barchart/status/1942409054984233316?ref_src=twsrc%5Etfw">July 8, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
For the past eight trading sessions, the S&amp;P 500 has closed above its upper Bollinger Band, <a href="https://x.com/Barchart/status/1942409054984233316?s=31" target="_blank" rel="noopener">as noted by</a> Barcharts on X—a technical sign that the index is overheating. The last time this happened? July 2024, right before a swift 10% correction. While history doesn't always repeat itself, it often rhymes, and some traders are beginning to hear the echo.
Investors in the S&amp;P 500 tracking SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) and the iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>) might want to remain wary of their holdings.
Read Also: <a href="https://www.benzinga.com/markets/equities/25/06/45840999/sp-500s-steady-climb-to-6000-just-killed-the-vix-what-this-volatility-crash-means-for-the-next-market-move">S&amp;P 500&#8217;s Steady Climb To 6000 Just Killed The VIX – What This Volatility Crash Means For The Next Market Move</a>
<h2 class="wp-block-heading">Market Breadth Is Flashing Red</h2>
Even more concerning: market breadth is flashing red. According to Barchart, the <a href="https://x.com/Barchart/status/1942444639794966694">gap</a> between the index's strength and that of its average constituent is near the widest it's been this century. In plain terms, a handful of mega-cap stocks &#8211; think Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) &#8211; are doing the heavy lifting while the majority of the S&amp;P 500 is lagging far behind.
This kind of narrow leadership can keep indexes afloat for a while, but it's hardly a foundation for sustainable gains. When only a few names are driving performance, the risk of a pullback increases if even one of them falters.
<h2 class="wp-block-heading">The Wild Card</h2>
Still, seasonal strength remains a wildcard. The S&amp;P has finished green every July since 2015 &#8211; a rare and powerful trend that bulls are betting on to continue. That momentum, combined with AI hype and rate-cut hopes, has kept sentiment buoyant.
But cracks are forming. The question now is whether July's bullish streak can overpower technical warning signs and deteriorating internals &#8211; or whether investors are partying on a weakening floor.
For now, the S&amp;P 500's scoreboard looks impressive. Just don't forget to check who's actually playing and who's missing the game entirely.
Read Next: 
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</ul>
Photo: Shutterstock

Broad U.S. Equity ETFs

Technicals

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AAPL

MSFT

NVDA

Another July, Another S&P 500 Rally - But Something's Seriously Off This Time

Net Asset Value Anticipated to be $9.00 to $9.50 Per Share
Board of Directors Declares $0.25 Per Share Cash Dividend
NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=y_O1zDUu-PUuc3E3vtpX9MaT37-cb6foAZuIXIzDxzCdTP7DIt-21OVzftcYhoQ4oLAOYAlAWP1j7nursVICdA==">SuRo Capital Corp.</a> ("SuRo Capital", the "Company", "we", "us", and "our") (Nasdaq: <a href="https://www.globenewswire.com/Tracker?data=-SwpydDG0yzLQ62BSMJjVdTScb-5Vh8T9HfF8rO4TiS0toEoJ6Rp03gZ2GzfgT9sVxr4sJ2QBvzimVBahHC_Dg6WOzXgSvopdLDzn5_dIgnOSAK6UkRWJOrB-oB8SsGR">SSSS</a>) today provided the following preliminary update on its investment portfolio for the second quarter ended June 30, 2025.

Dividends

SSSS

SuRo Capital Corp. Provides Preliminary Update On Its Investment Portfolio For Q2; Net Asset Value Anticipated To Be $9.00 To $9.50 Per Share; Board Of Directors Declares $0.25 Per Share Cash Dividend

Super Group Raises FY25 Revenue Guidance From $1.925B To Over $2B

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cenntroauto.com%2F&amp;esheet=54287167&amp;newsitemid=20250708752291&amp;lan=en-US&amp;anchor=Cenntro+Inc.&amp;index=1&amp;md5=036af00fcee38adb4613b837a6a63bb5">Cenntro Inc.</a> (NASDAQ:<a href="https://www.benzinga.com/stock/CENN#NASDAQ">CENN</a>) (&quot;Cenntro&quot; or the &quot;Company&quot;), a pioneering electric commercial vehicle company with advanced, market-validated, and purpose-built vehicles, today announced the development of its second-generation hydrogen fuel cell Class 8 semi-tractor, the &quot;BM860H&quot;. The vehicle has received certification from the U.S. Environmental Protection Agency (&quot;EPA&quot;).
Developed by Cenntro&#39;s wholly owned subsidiary, Bison Motors Inc., the BM860H builds on the foundation of its predecessor with key performance enhancements. The vehicle is powered by a 210kW hydrogen fuel cell system and provides an estimated driving range of up to 528 miles with a full payload. The vehicle features rapid refueling capabilities while producing zero emissions.

CENN

Cenntro Announces Development Of Its Second-Gen Hydrogen Fuel Cell Class 8 Semi-Tractor, The "BM860H"; Vehicle Has Received Certification From The U.S. EPA

HC Wainwright &amp; Co. analyst Andrew Fein maintains KalVista Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KALV#NASDAQ">KALV</a>) with a Buy and raises the price target from $20 to $27.

KALV

HC Wainwright & Co. Maintains Buy on KalVista Pharma, Raises Price Target to $27

Alpha Modus Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMOD#NASDAQ">AMOD</a>), an AI-powered retail fintech platform, today announced the deployment of the CashX Financial Services Kiosk (FSK) at Afia Grocery, a leading African specialty retailer in Louisville, KY. This activation is the first in a nationwide rollout targeting over 250 diaspora-centered locations, establishing Alpha Modus as a major player in the rapidly growing U.S. remittance and underbanked financial services market.

AMOD

AMODW

Alpha Modus Holdings Deploys CashX Financial Services Kiosk At Afia Grocery

CTXR

Citius Pharmaceuticals Regains Compliance With Nasdaq

GlobalFoundries To Acquire AI And Processor IP Supplier, MIPS; Terms Not Disclosed

Glucotrack, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCTK#NASDAQ">GCTK</a>), a medical device company focused on the design, development, and commercialization of novel technologies for people with diabetes, today announced that it has successfully repurchased over 90% of its outstanding Series A Warrants from warrant holders on June 30, 2025.
The repurchase was completed as part of the Company's capital formation strategy and reflects its continued confidence in its product development of a long-term implantable continuous blood glucose monitoring system for people living with diabetes. The Series A Warrants and Series B Warrants were originally issued in connection with the $10M Public Offering completed in November 2024.
Under the terms of the transaction, the Company repurchased approximately 49,700 Series A Warrants, funded with existing cash on hand. Following the repurchase, approximately 4,300 Series A Warrants remain outstanding of which majority of these are also expected to be repurchased. The Series B Warrants were previously extinguished in exchange for common stock as reported in the Form 10Q for the period ending March 31, 2025.

Offerings

GCTK

Glucotrack Repurchases Over 90% Of Series A Warrants From $10M Public Offering, Advancing Capital Strategy And Diabetes Device Development

Press Releases

Heritage Global Inc. Reports Third Quarter 2024 Results

Heritage Global Partners & Cloud Investment Partners to Host Online Auction Featuring Aerospace Defense SATCOM Assets

Heritage Global to Announce Fourth Quarter and Year-End 2024 Results and Host Webcast on Thursday, March 13, 2025

Heritage Global Valuations Strengthens Growth Strategy with the Appointment of Ray Chen to Lead Midwest Business Development Initiatives

Heritage Global Partners to Conduct Major Online Auction of Electriq Power's Assets

Heritage Global Inc. Reports Fourth Quarter and Year-End 2024 Results

Heritage Global Capital Appoints Anastasia Suda Executive Managing Director to Lead Specialty Lending Division

Heritage Global to Announce First Quarter 2025 Results and Host Webcast on Thursday, May 8, 2025

Heritage Global Inc. Reports Profitable First Quarter 2025 Results

Heritage Global to Announce Second Quarter 2025 Results and Host Webcast on Thursday, August 7, 2025

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Ultime notizie per Heritage Global (NASDAQ:HGBL) Azioni

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