Últimas noticias sobre Procure Space ETF (NASDAQ:UFO)

Industrials

Communication Services

Technology

Other

Procure Asset Management

The fund invests, under normal circumstances, at least 80% of its net assets in companies of the underlying index that receive at least 50% of their revenues or profits from space-related businesses. The underlying index is designed to serve as an equity benchmark for a globally traded portfolio of companies that are engaged in space-related business, such as those utilizing satellite technology. The fund is non-diversified.

Echostar Corp

Iridium Satellite Llc

Garminltd.

Globalstar Inc

Trimble Inc.

Mda Space Ltd

Eutelsat Sa

Sky Perfect Jsat Holdings Inc

Rocket Lab Usa Inc

Viasat Inc

Sirius Xm Radio

Intuitive Machines Inc A

Planet Labs PBC

Ast Spacemobile Inc Class A

Procure Space ETF

Equities

News

Markets

Movers

General

RKLB

ROKT

Rocket Lab elige a Frank Klein como su nuevo COO, para impulsar la producción y expansión de sus sistemas espaciales y satelitales.

Rocket Lab USA contrata a veterano de Rivian como nuevo director de operaciones

UFO Gaming

OnlyFans owner Fenix International Ltd is negotiating a potential $8 billion sale to an investor group led by Los Angeles-based Forest Road Company, marking a significant valuation milestone for the content subscription platform that has transformed from a $375 million revenue company in 2020 to a $6.6 billion powerhouse by 2023.
What Happened: The London-based company has been in active discussions since March with multiple potential buyers, including the Forest Road-led consortium. The talks could conclude within the next two weeks, though no deal is guaranteed, Reuters reported, citing sources. 
Forest Road Company, founded in 2017, focuses on media, renewable energy, and digital assets investments, having previously expanded through acquisitions including ACF Investment Bank in 2024.
The platform&#8217;s explosive growth trajectory—revenue jumping from $375 million to $6.6 billion over three years—has attracted significant investor interest despite operational challenges. OnlyFans operates on a 20% commission model from creator earnings. 
OnlyFans did not immediately respond to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
See Also: <a href="https://www.benzinga.com/government/regulations/25/05/45583163/us-stocks-likely-to-open-on-a-mixed-note-nothing-good-happens-above-a-5-yield-says-expert">US Stocks Likely To Open On A Mixed Note: &#8216;Nothing Good Happens Above A 5% Yield,&#8217; Says Expert</a>
Why It Matters: The company&#8217;s sole shareholder, Ukrainian American Leonid Radvinsky, acquired OnlyFans in 2018 and has extracted over $1 billion in dividends over the past three years, according to British regulatory filings.
Meanwhile, OnlyFans founder Tim Stokely is pursuing new ventures beyond OnlyFans; his latest startup, Zoop, in partnership with the HBAR Foundation, has placed a bid to acquire TikTok's U.S. operations to maintain American ownership and governance, <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44620779/onlyfans-founders-startup-and-hbar-foundation-enter-the-race-to-acquire-tiktok-us-to-maintain-american-ownership-and-governance">highlighting ongoing effort</a>s by key industry players to shape the future of digital content platforms.
Image Via Shutterstock 
Read Also:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/25/05/45583103/trumps-chosen-air-force-one-contractor-l3harris-to-pay-62-million-as-settlement-for-misleading-us-military">Trump&#8217;s Chosen Air Force One Contractor L3Harris To Pay $62 Million As Settlement For Misleading US Military</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Social Media

Startups

OnlyFans Owner In Talks To Sell Company For $8 Billion Amid Soaring Revenue And Investor Interest: Report

Sam Altman-backed Oklo Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKLO#NYSE">OKLO</a>) and Nano Nuclear Energy Inc. surged 19.79% and 17.34%, respectively, while nuclear utilities like Constellation Energy Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) and GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) climbed 5.27% and 2.87%, each, during the pre-market trading session on Friday ahead of President&nbsp;Donald Trump&#8216;s reported signing of executive orders aimed at revitalizing the U.S. nuclear energy industry.
What Happened:&nbsp;The news of the impending executive orders has caused a surge in nuclear energy stocks. The orders, expected to be signed on Friday, will focus on expediting&nbsp;the regulatory procedure for new&nbsp;reactor approvals and strengthening fuel supply chains, as per Reuters.
These actions are reportedly in response to surging power demand fueled by the artificial intelligence boom. They also aim to reduce U.S. dependence on Russia and China for enriched uranium and other nuclear materials, invoking the Cold War-era Defense Production Act to declare a national emergency.
Trump&#8217;s Energy Secretary,&nbsp;Chris Wright, has likened the urgency of developing&nbsp;data centers and power sources&nbsp;for AI to the &#8220;Manhattan Project 2,&#8221; a reference to the U.S.&#8217;s WWII program to develop atomic bombs.
The orders will instruct federal agencies to pinpoint sites and facilities suitable for nuclear deployment, simplify approval procedures and promote the use of loan guarantees and direct loans by the Energy Department to accelerate reactor construction.
SEE ALSO:&nbsp;<a href="https://benzinga.com/25/05/45580298/trumps-big-beautiful-bill-strips-key-retirement-benefits-from-federal-workers-in-razor-thin-house-vote" target="_blank" rel="noreferrer noopener">Trump&#8217;s &#8216;Big, Beautiful&#8217; Bill Strips Key Retirement Benefits From Federal Workers In Razor-Thin House Vote</a>
Why It Matters: The potential resurgence of the U.S. nuclear industry has been a topic of discussion. Earlier this week,&nbsp;<a href="https://www.benzinga.com/general/market-summary/25/05/45541408/cathie-woods-ark-invest-says-nuclear-energy-could-overtake-solar-as-cheapest-power-source-heres-a-list-of-nuclear-energy-linked-etfs-to-consider">Cathie Wood&#8217;s Ark Invest</a>&nbsp;suggested that nuclear energy could become the cheapest power source, potentially overtaking solar. This prediction was based on the promise of reliable baseload energy offered by nuclear power, which had been overshadowed by rising costs.
The Trump administration considered four draft executive orders aimed at promoting nuclear power by expanding its authority to approve reactors and reforming the Nuclear Regulatory Commission. These executive orders, if implemented, could potentially reshape the energy landscape and have a significant impact on the global energy market., stated Reuters.
The United States, the pioneer and current leader in nuclear power capacity, is now being outpaced by China in the rapid growth of this energy source. That being said, nuclear power generates radioactive waste and the United States currently lacks a permanent repository to store it.
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/05/45562596/bitcoin-breaks-111000-as-experts-hail-regime-shift" target="_blank" rel="noreferrer noopener">Bitcoin Breaks $111,000 As Experts Hail &#8216;Regime Shift&#8217; &#8211; Benzinga</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

OKLO

Nuclear Stocks Oklo, Nano Nuclear, Constellation Energy Surge In Friday Pre-Market: What's Going On?

Craig Shapiro, the macro strategist at the Bear Traps Report, made a case for holding Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) as he explained how the value of the traditional currencies was constantly being challenged by growing debt and inflation.
What Happened: According to Shapiro, higher deficits are likely to lead to future tax increases, as there is no way to escape that matrix if the countries are not willing to cut their spending.
This pressure of paying taxes, along with high inflation, reduces the value of the domestic currency of a country, explains Shapiro.
It is evident from the 8.29% year-to-date decline in the U.S. Dollar Index value as the fiscal policies introduced by President Donald Trump&#8216;s administration take shape.
Thus, Shapiro stated that &#8220;having more of your stored wealth in outside money vs inside money makes even more sense than ever before.&#8221;
&#8220;In more and more countries around the world, we are getting there faster and faster each day that goes by,&#8221; he adds by saying that &#8220;#Bitcoin is the ultimate outside money.&#8221;
While the value of Bitcoin is not derived from any other asset, except its own limited supply, it is mostly independent of monetary and fiscal policies around the world. This is the reason why it is also known as a decentralized currency.
<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">If you are living in a country that you know will have to raise taxes over time to survive because its deficits are simply too high and there is no will to cut spending, or in one that is continuously expropriating your wealth via higher rates of inflation, having more of your…
&mdash; Craig Shapiro (@ces921) <a href="https://twitter.com/ces921/status/1925696044198727857?ref_src=twsrc%5Etfw">May 22, 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/general/market-summary/25/05/45581555/growth-vs-value-expert-views-collide-on-the-impact-of-trumps-big-beautiful-bill">Growth Vs. Value: Expert Views Collide On The Impact Of Trump&#8217;s &#8216;Big, Beautiful&#8217; Bill</a>
Why It Matters: The ongoing reciprocal tariff pause with U.S. trading partners and a 90-day truce with China have subsided the tariff concerns.
However, the new &#8220;<a href="https://www.benzinga.com/25/05/45580298/trumps-big-beautiful-bill-strips-key-retirement-benefits-from-federal-workers-in-razor-thin-house-vote">One Big Beautiful Bill Act</a>&#8221; is now expected to <a href="https://www.benzinga.com/markets/equities/25/05/45536595/big-beautiful-bill-will-explode-the-deficit-and-make-the-rich-richer-congressional-budget-office-estimates-4-income-fall-for-lowest-decile-of-americans-by-2033">add $3.8 trillion</a> to the mounting U.S. debt as per Congressional Budget Office estimates, while providing tax relief. 
Shapiro, in his earlier commentary, pointed this out and said that the proposed bill will "explode the deficit while enriching the highest decile of Americans at the expense of the lowest decile."
The tax bill has been<a href="https://www.benzinga.com/25/05/45558613/house-advances-trumps-sweeping-one-big-beautiful-bill-after-key-medicaid-tax-and-border-security-changes"> advanced by the House Rules Committee</a> in an 8-4 vote following a marathon 22-hour hearing. &#8211;
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose on Thursday. The SPY was up 0.12% to $583.80, while the QQQ advanced 0.086% to $514.44, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Friday, the futures of the S&amp;P 500, Nasdaq 100 and Dow Jones indices were mixed in premarket. 
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/general/market-summary/25/05/45541408/cathie-woods-ark-invest-says-nuclear-energy-could-overtake-solar-as-cheapest-power-source-heres-a-list-of-nuclear-energy-linked-etfs-to-consider" target="_blank" rel="noreferrer noopener">Cathie Wood's Ark Invest Says Nuclear Energy Could Overtake Solar As Cheapest Power Source: Here's A List Of Nuclear Energy Linked ETFs To Consider</a></li>
</ul>
Photo courtesy: Shutterstock

Analyst Color

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

Cryptocurrency

Economics

$BTC

Crypto Is The Future? Craig Shapiro Explains How Inflation, High Deficit Make Inside Money Less Valuable: 'Bitcoin Is The Ultimate Outside Money'

Buckle Reports 3% Rise In Q1 Comparable Store Net Sales For Fiscal Quarter Ended May 3

Buckle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKE#NYSE">BKE</a>) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.69 by 1.45 percent. This is a 1.45 percent increase over earnings of $0.69 per share from the same period last year. The company reported quarterly sales of $272.12 million which beat the analyst consensus estimate of $268.06 million by 1.51 percent. This is a 3.67 percent increase over sales of $262.48 million the same period last year.

Earnings

Earnings Beats

Buckle Q1 EPS $0.70 Beats $0.69 Estimate, Sales $272.12M Beat $268.06M Estimate

Economist and Nobel laureate Paul Krugman is sounding the alarm yet again for the U.S. economy, likening its current vulnerabilities to those typically seen in emerging markets.
What Happened: In his Substack newsletter <a href="https://paulkrugman.substack.com/p/gaming-out-a-sudden-stop">on</a> Thursday, Krugman published an article titled &#8220;Gaming Out A Sudden Stop,&#8221; in which he raised concerns regarding an &#8220;emerging-market-type crisis&#8221; for the United States.
A scenario marked by a sudden stop in foreign capital inflows that could spark a housing crash, sink the dollar, and unleash stagflation.
Krugman draws parallels between the U.S. economy and past crises in developing nations, suggesting America's dependence on foreign investment to fund its persistent trade deficits makes it vulnerable.
See Also: <a href="https://www.benzinga.com/general/health-care/25/05/45582300/elizabeth-warren-says-jeff-bezos-and-elon-musk-are-popping-champagne-as-house-passes-trumps-big-beautiful-bill-she-calls-a-handout-to-billionaires">Elizabeth Warren Says Jeff Bezos And Elon Musk &#8216;Are Popping Champagne&#8217; As House Passes Trump&#8217;s &#8216;Big, Beautiful Bill&#8217; She Calls A Handout To Billionaires</a>
&#8220;Right now I'm worried that the U.S. might be facing an emerging-market-type crisis: A ‘sudden stop,' an abrupt cutoff of inflows of foreign capital,&#8221; he says. &#8220;If we have a crisis like that, it could, in particular, cause a severe housing crash.&#8221;
Krugman emphasized that such a shock could quickly rattle the dollar and financial markets, comparing the risks to Argentina&#8217;s 2001 Peso collapse.
While the U.S. may be shielded to an extent because its debt is dollar-denominated, Krugman warns that the fallout could still get quite &#8220;ugly,&#8221; especially for interest rates. A spike in borrowing costs would directly hit the housing market, which he views as the most rate-sensitive sector.
Krugman warns that a &#8220;sudden stop&#8221; could be a very ugly experience for the United States, since it would lead the U.S. dollar to plunge, stoking inflation, and thus tying the Federal Reserve&#8217;s hands. &#8220;A recipe for lots of economic pain and a bout of stagflation,&#8221; he says.
While he acknowledges that such a crisis hasn&#8217;t occurred in the U.S. before, he says risks are increasing with the rest of the world now realizing that &#8220;we aren't the country we used to be,&#8221; he says.
Why It Matters: Several other economists and market experts have echoed similar views in recent weeks, calling a falling dollar and rising yields a recipe for trouble.
A week ago, economist Peter Schiff said that the world was <a href="https://www.benzinga.com/markets/bonds/25/05/45396490/peter-schiff-says-trade-truce-aside-the-world-is-losing-confidence-in-dollar-and-in-us-ability-to-put-fiscal-house-in-order">losing confidence</a> in the U.S. dollar and America&#8217;s ability to get its fiscal house in order. He said, &#8220;the consequences of de-dollarization will be profound.&#8221; 
Former Treasury Secretary Larry Summers called on President Donald Trump to retreat on the new tax cuts, saying that the simultaneous selloffs in Treasuries, equities, as well as the U.S. dollar are a sign of <a href="https://www.benzinga.com/markets/25/05/45556622/larry-summers-asks-trump-to-retreat-on-taxes-just-like-he-did-on-tariffs-few-more-days-like-this-and-recession-will-be-likely">rising economic fragility</a>.
Price Action: The U.S. 30-Year Treasury yields currently trade at 5.026%, with the 20-Year at 5.039%, and the 10-Year yield at 4.523%. The U.S. Dollar Index (DXY) is down 0.63% on Friday, trading at 99.334.
Read More:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45582778/trumps-big-beautiful-bill-passes-house-what-it-means-for-taxes-student-loans-medicaid-and-more">Trump&#8217;s &#8216;Big Beautiful Bill&#8217; Passes House: Taxes, Student Loans, Medicaid And What Else Is Changing For American Families</a></li>
</ul>
Photo courtesy: Shutterstock

Paul Krugman Warns Of 'Emerging-Market-Type' Crisis In US: Housing Crash, Dollar Plunge, And Stagflation Ahead?

Zuanic &amp; Associates analyst Pablo Zuanic initiates coverage on Chicago Atlantic BDC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIEN#NASDAQ">LIEN</a>) with a Overweight rating.

Initiation

Analyst Ratings

LIEN

Zuanic & Associates Initiates Coverage On Chicago Atlantic BDC with Overweight Rating

Guidance

Booz Allen Hamilton Sees FY2026 Adj EPS $6.20-$6.55 vs $6.87 Est; Sees Sales $12.000B-$12.500B vs $12.86B Est

Needham analyst Joseph Stringer reiterates Cidara Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDTX#NASDAQ">CDTX</a>) with a Buy and maintains $35 price target.

Price Target

Reiteration

CDTX

Needham Reiterates Buy on Cidara Therapeutics, Maintains $35 Price Target

Earnings Misses

Booz Allen Hamilton Q4 Adj. EPS $1.61 Beats $1.59 Estimate, Sales $2.97B Miss $3.03B Estimate

Weyerhaeuser Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>) on Thursday disclosed the acquisition of roughly 117,000 acres of premium timberlands in North Carolina and Virginia from Roanoke Timberlands LLC <a href="https://www.benzinga.com/pressreleases/25/05/n45575255/weyerhaeuser-acquiring-high-quality-timberlands-in-north-carolina-and-virginia" target="_blank" rel="noreferrer noopener">for $375 million</a>.
These well-established and highly productive forests will complement Weyerhaeuser&#8217;s current timber and mill operations in North Carolina while also extending its presence into southeastern Virginia, an area with strong market potential.
The acquisition is expected to deliver immediate and sustained portfolio-leading cash flows within the company&#8217;s Southern Timberlands business, the company said in a press release.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/05/45574763/goldman-sachs-defense-stock-golden-dome" rel="noreferrer noopener">Goldman Sachs Taps This Defense Stock As Prime Beneficiary Of Trump&#8217;s $175B Golden Dome</a>
The acquired timberlands are situated in robust and expanding sawlog and fiber markets in the U.S. South. The portfolio consists primarily of fee-owned land, with 81% planted in pine, offering strong site productivity and reliable, all-weather logging access.
The mature age profile of the pine stands is projected to support an average annual harvest of 7.4 tons per acre, or approximately 860,000 tons, during the first five years.
The assets are expected to generate an average annual timber-free cash <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">flow yield of 5.1% over this period</a>. The transaction is expected to be finalized in the third quarter, pending customary closing conditions.
Weyerhaeuser plans to fund most of the $375 million purchase through the tax-efficient sale of non-core timberland assets. Upon completion, the company will own or manage around 744,000 acres in North Carolina and 150,000 acres in Virginia.
Devin W. Stockfish, president and chief executive officer, said, &#8220;Upon closing of this acquisition, we will have acquired more than&nbsp;$1.1 billion&nbsp;of high-quality timberlands since the beginning of 2022, achieving the multi-year growth target we announced in&nbsp;September 2021.&#8221;
&#8220;Over a similar period, we&#8217;ve also returned a significant amount of cash back to shareholders through dividends and share repurchase and announced a compelling engineered wood products growth opportunity, all while maintaining a strong balance sheet.&#8221;
Last week, Weyerhaeuser disclosed that it has agreed to sell its lumber mill in Princeton, British Columbia, to the Gorman Group for <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45555076/weyerhaeuser-to-sell-princeton-b-c-lumber-mill-to-gorman-group" rel="noreferrer noopener">around C$120 million in cash</a>. Weyerhaeuser anticipates recording a gain from the sale and incurring a tax liability of about C$15 million.
As of March 31, 2025, cash and cash equivalents stood <a target="_blank" href="https://investor.weyerhaeuser.com/" rel="noreferrer noopener">at</a> $560 million.
Investors can gain exposure to the stock via Harbor ETF Trust Harbor AlphaEdge Next Generation REITs ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AREA#NYSE">AREA</a>) and&nbsp;iShares Global Timber &amp; Forestry ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOD#NASDAQ">WOOD</a>).
Price Action: WY shares are trading higher by 0.40% to $25.35 premarket at last check Friday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com//node/45272436" target="_blank" rel="noreferrer noopener">Marjorie Taylor Greene Goes Stock Shopping Again: Here Are 50+ Stocks The Congresswoman Bought</a></li>
</ul>
Photo by VDB Photos via Shutterstock

Large Cap

AREA

iShares S&P Global Timber & Forestry Index Fund

WOOD

Weyerhaeuser's Latest Acquisition Promises 'Portfolio-Leading Cash Flows'

A crucial Navy server that stores vital pay and promotion data remains exposed without a disaster recovery plan after a contract to transfer the information to the cloud was canceled by the Department of Government Efficiency (DOGE).
What Happened: Earlier this month, DOGE terminated a $170 million contract with Pantheon, a firm tasked with transferring the Navy&#8217;s personnel data to a secure cloud platform. The transfer would have protected one of the last remaining Navy data centers, located in Tennessee, from threats like natural disasters. &#8220;Everything in terms of what sailors access, in terms of [the Navy&#8217;s online HR portal] would be impacted because they run on those mainframes,&#8221; a senior personnel official <a href="https://www.military.com/daily-news/2025/05/22/single-server-holds-all-navy-pay-and-promotion-data-doge-canceled-contract-upload-it-cloud.html">told</a> Military.com. &#8220;Reconstituting it would probably take anywhere between nine and 16 months, during which time we could not promote sailors effectively," he added.
See Also: <a href="https://www.benzinga.com/markets/25/05/45581565/us-treasury-pulls-the-plug-on-penny-production-after-231-years-eyes-56-million-in-immediate-annual-savings">US Treasury Pulls The Plug On Penny Production After 231 Years, Eyes $56 Million In Immediate Annual Savings</a>
Why It Matters: The aging system enables crucial HR tasks. Two months ago, a flooding incident almost caused major damage. Navy officials regarded Pantheon's initiative as a rare success amid the larger failure of the $1 billion Navy Pay and Personnel System (NP2), which is years behind schedule and still depends on 55 outdated systems.
While DOGE claims to be removing inefficiencies to save funds, this cut was misjudged, according to insiders. &#8220;You just shot the wrong target,&#8221; said a Navy official. Another source told Military.com that a DOGE representative had not reviewed the contract before canceling it.
This cancellation comes just as President Donald Trump, addressing service members stationed at Al Udeid Air Base, promised <a href="https://www.benzinga.com/general/25/05/45466418/trump-hails-us-troops-as-the-greatest-fighting-force-in-the-history-of-the-world-promises-pay-raises-for-each-and-every-one-of-you-and-vows-americas-military-will-soon-be-bigger-better-stronger-and-more-powerful-than-ever">"substantial pay raises"</a> for all military personnel. The GOP reconciliation bill, which passed the House this week, entails a <a href="https://www.benzinga.com/markets/equities/25/05/45217098/trumps-big-beautiful-bill-takes-shape-gop-pushes-tax-cuts-border-wall-funding-and-deep-spending-reductions-ahead-of-memorial-day-deadline">$150 billion package</a> for the Pentagon.
These developments come on the heels of a SIRI study revealing that in 2024,&nbsp;<a href="https://www.benzinga.com/25/04/45032800/global-defense-budgets-surge-to-27-trillion-as-europe-and-middle-east-lead-steepest-increase-since-cold-war-report" target="_blank" rel="noreferrer noopener">U.S. military expenditure touched $997 billion</a>, making up 66% of NATO&#8217;s total and 37% of global defense spending, which reached $2.7 trillion.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/25/05/45582003/jamie-dimon-who-once-said-trump-was-right-about-some-of-china-now-reportedly-appears-to-be-siding-with-xi-jinping-amid-washington-beijing-tensions">Jamie Dimon, Who Once Said Trump Was &#8216;Right About Some Of China,&#8217; Now Reportedly Appears To Be Siding With Xi Jinping Amid Washington-Beijing Tensions</a></li>
</ul>
Photo courtesy: Tada Images / Shutterstock.com

Politics

DOGE Terminates Navy's $170 Million Cloud Backup Contract, Leaving Critical Pay And Promotion Data Vulnerable

On Thursday, May 22, U.S. markets closed mixed, easing Treasury yields helped offset earlier losses tied to deficit concerns. The House passed Trump's tax and spending bill, which fulfilled key campaign promises but significantly increased the national debt. Investors remain wary of ongoing uncertainty around tariffs and interest rates, which continue to weigh on market sentiment.
In economic data, U.S. initial jobless claims fell by 2,000 to 227,000 for the week ending May 17, below expectations of 230,000. The S&amp;P Global services PMI rose to 52.3 in May from 50.8, and the manufacturing PMI also climbed to 52.3 from 50.2 in April, indicating stronger economic momentum.
Most S&amp;P 500 sectors ended lower on Thursday, led by declines in utilities, health care, and energy. Consumer discretionary and communication services outperformed, closing higher.
The Dow closed flat at 41,859.09, the S&amp;P 500 dropped 0.04% to 5,842.01, while the Nasdaq gained 0.28% to 18,925.74.
Asia Markets Today
<ul class="wp-block-list">
<li>On Friday, Japan's Nikkei 225 closed 0.42% higher at 37,140.00, led by gains in the Real Estate, Banking, and Textile sectors.</li>
<li>Australia's S&amp;P/ASX 200 rose 0.15%, ending the session at 8,360.90, led by gains in the IT, Energy, and A-REITs sectors.</li>
<li>India's Nifty 50 was up 0.99% at 24,853.10, and Nifty 500 rose 0.83% to 22,781.55.</li>
<li>China's Shanghai Composite was down 0.94% at 3,348.37, and Shanghai Shenzhen CSI 300 slid 0.81% to 3,882.27.</li>
<li>Hong Kong's Hang Seng closed the session 0.24% higher at 23,601.26.</li>
</ul>
Eurozone at 05:45 AM ET
<ul class="wp-block-list">
<li>The European STOXX 50 index was down 0.10%.</li>
<li>Germany's DAX index gained 0.25%.</li>
<li>France's CAC 40 fell 0.35%.</li>
<li>U.K.'s FTSE 100 index traded higher by 0.19%.</li>
</ul>
Commodities at 05:45 AM ET
<ul class="wp-block-list">
<li>Crude Oil WTI was trading lower by 0.03% at $61.18/bbl, and Brent was down 0.03% at $64.42/bbl.</li>
<li>Natural Gas gained 1.48% to $3.301.</li>
<li>Gold was trading higher by 1.02% at $3,327.49, Silver was up 0.29% to $33.315, and Copper fell 1.02% to $4.7275.</li>
<li>Gold prices rose on safe-haven demand fueled by U.S. debt concerns and Middle East tensions.</li>
</ul>
U.S. Futures at 05:45 AM ET
Dow futures were down 0.13%, S&amp;P 500 futures declined 0.06%, and Nasdaq 100 futures fell 0.07%.
Forex at 05:45 AM ET
<ul class="wp-block-list">
<li>The U.S. Dollar Index declined 0.56% to 99.38, USD/JPY was down 0.47% to 143.35, and USD/AUD slid 0.83% to 1.5471.</li>
<li>The dollar fell for the week as U.S. debt concerns and Trump's tax bill spooked investors. Rising yields failed to stem outflows, boosting the euro and pressuring sentiment.</li>
</ul>
Photo via Shutterstock

Asia

Emerging Markets

Eurozone

Futures

Commodities

Forex

ADIV

AGOV

ASHR

BBEU

BOIL

CQQQ

PowerShares DBmmodity Index Optimum Yield Diversified Fund

EEMA

FLAX

CurrencyShares British Pound Sterling Trust

IEMG

IEUR

KraneShares Trust KraneShares S&P Pan Asia Dividend Aristocrats Index ETF

KDIV

SPEM

USDU

PowerShares DB US Dollar Index Bullish Fund

Gold Up, Dollar Slides On Debt Concerns - Global Markets Today While US Slept

HC Wainwright &amp; Co. analyst Swayampakula Ramakanth maintains Delcath Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCTH#NASDAQ">DCTH</a>) with a Buy and raises the price target from $24 to $29.

DCTH

HC Wainwright & Co. Maintains Buy on Delcath Systems, Raises Price Target to $29

OTLK

Outlook Therapeutics Prices $13M Public Offering Of Stock And Warrants At $1.40 Per Unit; Proceeds To Support Working Capital Needs

Net proceeds from the Transaction will be directed towards debt repayment to accelerate deleveraging efforts and strengthen Vermilion's balance sheet. Based on current strip commodity pricing(1) and operational plans, we would expect to exit 2025 with net debt(2) of $1.5&nbsp;billion, with a trailing net debt to FFO ratio(3) of 1.4&nbsp;times.

Vermilion Energy To Sell Saskatchewan And Manitoba Assets For $415M, Accelerate Debt Repayment

Lyondellbasell Declared Quarterly Dividend Of $1.37 Per Share, Representing $0.03 Per Share Increase Over Q1 Dividend; It Will Be Paid To Shareholders On June 9, 2025, With An Ex-dividend

Offerings

Gamehaus Holdings Filed Prospectus For Resale Of Up To 52.1M Class A Shares By Selling Shareholders

Modiv Says It Provided Clarity On Reverse Stock Split Proposal, Company Plans To Eliminate Dormant Accounts, And Cut Administrative Costs

Eason Technology Limited ("Eason Technology" or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXF#NYSE">DXF</a>) today announced that it received a notice from NYSE Regulation indicating that the Company is not in compliance with the continued listing standards of NYSE American LLC ("NYSE American" or the "Exchange"). The Company failed to timely file its Form 20-F for the period ended December 31, 2024 (the "2024 Form 20-F") by the filing due date of May 15, 2025 (the "Filing Delinquency"). The Company is now subject to the procedures and requirements set forth in Section 1007 of the NYSE American Company Guide.
As disclosed in the Form 12b-25 filed by the Company on April 30, 2025, the Company was unable, without unreasonable effort or expense, to file its 2024 Form 20-F as a result of a delay in completing its financial statements for the period ended December 31, 2024. The Company was not able to make the required filing by May 15, 2025. The Company is making all efforts to file the 2024 Form 20-F as soon as possible and within the Initial Cure Period. However, there can be no assurance that the Company will ultimately regain compliance with all applicable Exchange listing standards.
This delinquency notice has no immediate impact on the listing of the Company's ADSs, which will continue to be listed and traded on the NYSE American during the cure period subject to continued compliance with the other listing requirements of the NYSE American.

Eason Technology Receives NYSE Non-Compliance Notice Following Delayed Filing of 2024 Form 20-F

Comments

Procure Space ETF

Noticias

Últimas noticias sobre Procure Space ETF (NASDAQ:UFO)

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL