Palmer Square Capital BDC Bolsa (NYSE: PSBD)

Últimas noticias sobre Palmer Square Capital BDC (NYSE:PSBD) Bolsa

Palmer Square Capital BDC

Palmer Square Capital BDC Inc is a financial services company that lends to and invests in corporate debt securities of companies, including small to large private U.S. companies. Their investment objective is to maximize total return, comprised of current income and capital appreciation.

Palmer Square Capital BDC Inc. Common Stock

Palmer Square Capital BDC Inc

Crown Electrokinetics Corp. (NASDAQ:<a href="https://www.benzinga.com/stock/CRKN#NASDAQ">CRKN</a>) ("Crown" or the "Company") today announced that its Board of Directors approved the commencement of the process to voluntarily delist its securities from the Nasdaq Stock Market LLC ("Nasdaq") and its intention to file a Form 25 Notification of Delisting with the Securities and Exchange Commission (the "SEC"), which will remove the Company's common stock, par value $0.001 (the "common stock"), from listing and registration on Nasdaq. Nasdaq previously suspended the trading of the Company's common stock on March 5, 2025 due to noncompliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) and notified the Company that a Form 25 would be filed. However, as Nasdaq has not yet made the filing, the Company is doing so voluntarily.

News

CRKN

Crown Electrokinetics Initiates Voluntary Delisting From Nasdaq; To File Form 25 With SEC

WIIM

ORRF

Orrstown Financial Services shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results.

Moody's shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY25 adjusted EPS guidance.

OXLC

Oxford Lane Capital shares are trading lower after the company reported worse-than-expected Q1 financial results and announced a 1-for-5 reverse stock split.

<a href="https://www.youtube.com/watch?v=erMZ-23cJfY">https://www.youtube.com/watch?v=erMZ-23cJfY</a>

Macro Notification

Politics

General

White House Says Funds In Japan Deal Will Be Spent At Trump's Discretion

Lockheed Martin shares are trading higher after the company confirmed it's in talks with the U.S. over Trump's "Golden Dome" project.

Shares of Northrop Grumman Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) are trading slightly lower on Wednesday. This comes after <a href="https://www.benzinga.com/markets/earnings/25/07/46566039/northrop-grumman-eyes-multi-billion-dollar-opportunities-in-middle-east-air-defense-europe-amid-regional-instability">yesterday's breakout.</a>
Breakouts tend to be bullish for a stock. An uptrend usually follows. This is why it is the <a href="https://www.benzinga.com/topic/stock-of-the-day">Stock of the Day</a>.
Markets move due to supply and demand.
If a stock is trending higher, it's because there are more shares to be bought than there are for sale. Those who wish to buy are forced to outbid each other. This is the only way they can draw sellers into the market.
It forces the stock into an uptrend.
When a resistance level is reached, the dynamic changes. There are as many or more shares for sale than there are to be bought. Buyers can buy all they wish to without pushing the price any higher.
Read Also: <a href="https://www.benzinga.com/markets/equities/25/07/46571202/nasdaq-100-technical-analysis-july-2025">This Nasdaq 100 Signal Last Flashed In 1999—What Came Next Was Insane</a>
Sometimes, a stock reverses and trends lower after reaching resistance. As shown in the chart below, this is what happened when Northrop Grumman reached the $540 level in October 2024. It also happened in April.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="579" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/23142530/one18-1024x579.png" alt="" class="wp-image-997727" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/23142530/one18-1024x579.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/23142530/one18-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/23142530/one18-768x434.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/23142530/one18.png 1443w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Stocks can sell off at resistance due to anxious sellers.
These sellers are worried that other sellers will be willing to sell at a lower price than they are. They know that buyers will go to whoever offers the best price.
As a result, these anxious sellers reduce their offering prices. Other anxious sellers see this and do the same thing. This can result in a snowball effect that forces the price into a downward trend.
However, sometimes when a stock reaches resistance, buyers eventually overpower sellers and push the price higher. This is called a breakout. It happened with Northrop yesterday.
Breakouts are considered to be a bullish dynamic.
If a stock can trade and hold above resistance, it means that the traders and investors who created the resistance with their sell orders are gone. They have either finished or canceled their orders.
With this large amount of supply removed from the market, buyers will once again be forced to outbid each other if they want to acquire shares. This can push the stock into an uptrend and it may be about to occur with Northrop Grumman.
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Image: Shutterstock

Technicals

Trading Ideas

Stock Of The Day: Breakout In Northrop Grumman

Applovin shares are trading higher. BTIG raised its price target on the stock from $480 to $483 and maintained a Buy rating.

Chubb shares are trading lower following a Q2 sales miss.

Hilton Worldwide Holdings shares are trading lower after the company issued Q3 EPS and adjusted EPS guidance below estimates and cut its FY25 EPS guidance below estimates.

Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) delivered an encouraging second-quarter performance, highlighted by healthy financial growth and a significant boost to free cash flow. 
This stronger financial position is expected to accelerate debt reduction and provide the company with greater flexibility for future investments in fiber infrastructure or share buybacks. 
However, the telecom giant faces ongoing challenges with wireless net additions and anticipates a more competitive landscape in 2025, with expectations for flat postpaid consumer phone customer growth.
Also Read: <a href="https://www.benzinga.com/analyst-stock-ratings/reiteration/25/07/46554275/verizon-beats-expectations-boosts-outlook-heres-why-analysts-still-see-more-room-to-grow" target="_blank" rel="noreferrer noopener">Verizon Beats Expectations, Boosts Outlook — Here&#8217;s Why Analysts Still See More Room To Grow</a>
Morgan Stanley analyst Benjamin Swinburne maintained Verizon Communications <a href="https://www.benzinga.com/quote/VZ/analyst-ratings" target="_blank" rel="noreferrer noopener">with an Equal-Weight</a> rating and raised the price forecast from $47 to $48 on Tuesday.
Swinburne highlighted that Verizon&#8217;s shares currently trade at a discount compared to many of its peers, reflecting a more tepid growth outlook.
The analyst noted that the second-quarter results and updated outlook were encouraging, as financial growth remains healthy and the lift to FCF from tax reform is even more significant than previously expected.
The latter point will allow Verizon to de-lever post Frontier faster than previously expected, he said, giving it additional capacity for incremental fiber builds and/or share buybacks.
However, the wireless net additions performance remains mixed and 2025 is shaping up as more challenging than initially thought, Swinburne noted.
The analyst forecasted roughly flat postpaid consumer phone customers in fiscal 2025 compared to fiscal 2024. He expects monthly postpaid phone churn to be up in the second half of 2025, reflecting the current competitive environment.
Swinburne noted that this higher churn is partially offset by the expectation that gross adds growth will remain healthy, as Verizon&#8217;s sales channels have been delivering this year.
As per the analyst, it will be challenging for Verizon shares to re-rate higher unless the financial growth and/or KPIs improve from current levels. 
He also noted that broadband additions were lower than expected in second-quarter and have lowered our outlook. However, he expected Verizon to deliver on the 8-9mm FWA customer guidance by 2028. 
A low housing growth and low move environment along with increased broadband competition are weighing on Verizon&#8217;s net additions, Swinburne noted.
Swinburne projected fiscal 2025 revenue of $138.41 billion and adjusted EPS of $4.68.
VZ&nbsp;Price action:&nbsp;VZ stock is trading lower by 0.59% to $42.71 at publication on Wednesday.
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Image via Shutterstock

Price Target

Reiteration

Analyst Ratings

Churn Concerns Weigh On Verizon's Wireless Outlook Despite Financial Gains

RBLX

Roblox shares are trading lower amid reports that the company is facing a lawsuit regarding the dangers behind Roblox avatars and Discord chats. Raymond James downgraded the stock from Strong Buy to Outperform.

Craig-Hallum analyst John Wilkin initiates coverage on Exagen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XGN#NASDAQ">XGN</a>) with a Buy rating and announces Price Target of $12.

Initiation

Craig-Hallum Initiates Coverage On Exagen with Buy Rating, Announces Price Target of $12

Mizuho analyst Vijay Rakesh maintains Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) with a Neutral and lowers the price target from $205 to $200.

Mizuho Maintains Neutral on Texas Instruments, Lowers Price Target to $200

Mizuho analyst John Roberts maintains Sherwin-Williams (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>) with a Outperform and lowers the price target from $400 to $385.

Mizuho Maintains Outperform on Sherwin-Williams, Lowers Price Target to $385

Mizuho analyst Brett Linzey maintains Pentair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNR#NYSE">PNR</a>) with a Outperform and raises the price target from $118 to $122.

Mizuho Maintains Outperform on Pentair, Raises Price Target to $122

Mizuho analyst Nitin Kumar maintains Range Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRC#NYSE">RRC</a>) with a Outperform and raises the price target from $46 to $48.

Mizuho Maintains Outperform on Range Resources, Raises Price Target to $48

Oppenheimer analyst Owen Lau maintains Equifax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFX#NYSE">EFX</a>) with a Outperform and lowers the price target from $296 to $279.

Oppenheimer Maintains Outperform on Equifax, Lowers Price Target to $279

Canada&#8217;s Rogers Communications, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCI#NYSE">RCI</a>) shares edged down Wednesday, even as the company delivered an earnings beat in its <a target="_blank" href="https://www.benzinga.com/pressreleases/25/07/g46567716/rogers-communications-reports-second-quarter-2025-results" rel="noreferrer noopener">second-quarter report</a> and raised its full-year service revenue guidance.
The company reported second-quarter adjusted earnings per share of 82 cents, beating the analyst <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">consensus estimate of 80 cents</a>. Quarterly sales of $3.77 billion missed the Street view of $3.78 billion.
In Canadian dollars, the company reported second-quarter adjusted earnings per share of 1.14 Canadian dollars.
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Total revenue and total service revenue each increased by 2% this quarter, driven by growth in Wireless and Media businesses.
Wireless service revenue increased by 1% this quarter, primarily as a result of continued growth in the subscriber base. Wireless equipment revenue increased by 13%, primarily as a result of higher device sales to existing customers.
Cable service revenue increased by 1% this quarter, primarily as a result of retail Internet subscriber growth and base management activity.
Media revenue increased by 10% this quarter, primarily as a result of higher sports-related revenue due to the success of the NHL playoffs and the launch of the Warner Bros. Discovery suite of television channels.
Consolidated adjusted EBITDA increased 2% this quarter, while adjusted EBITDA margin decreased by 40 basis points, primarily as a result of ongoing productivity and cost efficiencies.
The company said it added 61,000 mobile and 26,000 retail internet customers in the second quarter.
On April 4, the company announced it had entered into a definitive agreement with funds managed by Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>), backed by leading Canadian institutional investors, for $4.85 billion. On June 20, 2025, the network transaction closed, and the firm received $4.85 billion from Blackstone.
<h2 class="wp-block-heading">FY25 Outlook</h2>
Rogers Communications has revised its yearly service revenue projection upward. The company said total service revenue is expected to grow by 3% to 5% versus the prior outlook of 0% to 3%.
As per a Reuters report, this adjustment comes as the company anticipates a significant positive impact from its acquisition of a stake in Maple Leaf Sports &amp; Entertainment (MLSE). MLSE is the parent company of prominent sports franchises, including the Toronto Raptors basketball team and the NHL&#8217;s Toronto Maple Leafs, underscoring Rogers&#8217; strategic focus on live sports.
Rogers has significantly increased its investment in Canadian sports over recent years. This strategic move aims to leverage the substantial viewership and dedicated fanbase that sports command, particularly as traditional media experiences a general decline.
The company sees capex to be approximately $3.8 billion versus the prior range of $3.8 billion to $4.0 billion.
Price Action: RCI shares are trading lower by 0.53% to $33.96 at last check Wednesday.
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Photo by JHVEPhoto via Shutterstock

Earnings

Equities

Guidance

Markets

Movers

Rogers Communications Lifts Outlook After Toronto Sports Deal

Oppenheimer analyst Tyler Batory maintains PulteGroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PHM#NYSE">PHM</a>) with a Outperform and raises the price target from $132 to $140.

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