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Best Animated Explainer Video Production Companies: Five Picks for 2026

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Your gaming experience depends heavily on the equipment you choose to use. A monitor forms the essential part of any gaming setup but portable monitors become the choice for gamers who prioritize mobility.

63% of explainer videos don’t generate the conversion outcomes they were commissioned to produce. They get made, look polished, and end up sitting on landing pages with little measurable impact.

The reasons are usually that the video leads with the brand or product rather than the buyer’s problem; the animation style is chosen as a creative default; the explainer isn’t treated as a specific stage of the buying journey.

The studio you choose has a direct impact on which side of that statistic you end up on.

The 5 best animated explainer video production companies below were selected for their verified work, transparent processes, and ability to connect animation to business outcomes. Each one fits a different need, from full-pipeline 2D and 3D production to premium brand-led work and high-volume B2B output. After the profiles, you will also find practical sections on how to measure whether your explainer video is working and what to expect once the final file is delivered.

Best Animated Explainer Video Production Companies: Strengths and Use Cases

Here is how the five companies compare at a glance. Use the table to shortlist by specialty, budget, and rating, then read the full profiles below for the details behind each pick.

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Studio Founded HQ Clutch Hourly rate Specialties Best for
Wow-How Studio 2009 San Francisco and London 4.9/5 (166) $25–$49 Full-pipeline 2D and 3D explainers, motion graphics, product demos Products needing 3D, or one vendor across many formats
Webdew 2016 Surrey, Canada 4.9/5 (197) $50–$99 Whiteboard, 2D, character animation, kinetic typography, product demos; plus HubSpot and inbound marketing A dependable, scalable partner, especially alongside wider marketing
MyPromoVideos 2009 Coimbatore, India Not listed Undisclosed 2D and 3D animated explainers; process and product explanation; sales, corporate, case-study videos B2B and technical companies explaining complex processes
Cartoon Media 2012 Canterbury, England 4.9/5 (8) $50–$99 Custom whiteboard, doodle, and explainer or training videos Premium, fully custom whiteboard work with blue-chip polish
Ydraw 2011 Saint George, Utah, USA 5.0/5 (10) $150–$199 Whiteboard and video scribing; also 2D/3D, motion graphics, demo videos Whiteboard projects where hand-drawn craft and flexibility matter

1. Wow-How Studio

Wow-How Studio is one of the best animated explainer video production companies, as it keeps every stage in-house, from concept development, scripting, and storyboarding through 2D animation, 3D modeling, motion graphics, voice-over, and post-production. It delivers more than 500 projects a year for clients ranging from early-stage startups to Fortune 500 companies.

Explainers has been Wow-How’s core service since 2011, with the full pipeline run in-house from discovery call to final delivery, including black-and-white storyboard sketches, full-color style frames, character and background illustration, animation, voice-over, sound design, and delivery of final files with source assets.

On the 2D side, the team offers character animation, whiteboard, kinetic typography, infographic, cut-out, shape, and frame-by-frame styles, while the 3D team models, textures, lights, renders, and composites from scratch or from client CAD files for hardware, industrial equipment, and medical devices. A 90-second 2D video takes 6 to 8 weeks; a 3D video adds 1 to 2 weeks, and 2 free revision rounds are included at every stage.

Quick facts

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  • Founded: 2009
  • Based in: San Francisco and London
  • Clutch: 4.9/5 (166 reviews)
  • Specialties: full-pipeline 2D and 3D explainers, motion graphics, product demos
  • Notable clients: Google, Sony, Hallmark, Grammarly
  • Hourly rate: $25 – $49

Standout work: A UK-based industrial automation company supplied a CAD model and received a complete robotics explainer covering the full process from storyboard through post-production, delivered on time and within budget. In a separate engagement, a sustainable building materials manufacturer commissioned seven installation explainers, each running 1 to 2 minutes.

Best for: products needing 3D, or one vendor across many formats.
Keep in mind: the breadth suits multi-format programs more than a single quick video.

2. Webdew

Webdew has grown from a single person into a global team of more than 50, with its base in Seattle and offices in India, the UK, and Canada. Animation sits inside a broader B2B SaaS growth offering that also spans HubSpot, web development, and inbound marketing, but video is a deep competency in its own right: nearly 200 Clutch reviews praise its animation quality, clear script-to-storyboard-to-animation process, and on-time delivery, especially across tech, education, and healthcare. It produces whiteboard, 2D, character animation, kinetic typography, line art, and product demo videos. Some clients note that the update frequency during delays could be tighter.

Quick facts

  • Founded: 2016
  • Based in: Surrey, Canada
  • Clutch: 4.9/5 (197 reviews)
  • Specialties: whiteboard, 2D, character animation, kinetic typography, product demos; plus HubSpot and inbound marketing
  • Notable sectors: tech, education, healthcare
  • Hourly rate: $50 – $99

Standout work: Webdew produced an animated explainer for a hospitality and leisure company, writing the script and refining it in response to the client’s suggestions. The client featured the video at two trade shows and has since reused it across other marketing activities, noting that the team stayed easy to reach and consistently available to answer questions and hit deadlines despite an anticipated language barrier.

Best for: companies seeking a dependable, scalable partner, especially alongside broader marketing efforts.
Keep in mind: it is a broad agency, so confirm the video team fits your scope.

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3. MyPromoVideos

MyPromoVideos is a boutique Indian studio that has focused on animated explainers since 2009, producing more than 2,000 videos that clearly explain business processes. It works in both 2D and 3D, running the full pipeline from script and storyboard to animation, graphics, voice-over, music, and revisions, and also handles sales, corporate, and case-study videos.

Its 21 Clutch reviews lean toward technical and B2B clients, from software firms to logistics-automation companies, and reviewers consistently note competitive pricing, on-time delivery, and clear communication.

Quick facts

  • Founded: 2009
  • Based in: Coimbatore, India (serves clients worldwide)
  • Specialties: 2D and 3D animated explainers; process and product explanation; sales, corporate, and case-study videos
  • Notable focus: technical and B2B sectors, including software and logistics automation
  • Hourly rate: Undisclosed

Standout work: A 90-second explainer for a software development firm building a test-automation tool for the automotive domain. MyPromoVideos handled the script, storyboard, animation, graphics, voice-over, and music, delivering a video that measurably improved users’ understanding of the product.

Best for: B2B and technical companies that need complex processes explained clearly in 2D or 3D.
Keep in mind: it is a boutique team, so plan timelines around larger volumes.

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4. Cartoon Media

Cartoon Media is a UK studio that produces fully custom animated marketing and training videos, including explainer, doodle, and whiteboard styles, and is trusted by blue-chip names well beyond its size, including Siemens, Hilton, Allianz, and the NHS.

The team never uses clip art or templates, assigns a dedicated professional to every stage from script and storyboard through custom illustration, native-accent voice-over, and music, and works on an unlimited-corrections basis. Reviewers, including international clients, repeatedly highlight strong value for the cost and responsiveness.

Quick facts

  • Founded: 2012
  • Based in: Canterbury, England (delivers internationally)
  • Clutch: 4.9 / 5 (8 reviews)
  • Specialties: custom whiteboard, doodle, and explainer or training videos; full custom illustration, native-accent voice
  • Notable clients: Siemens, Hilton, Allianz, NHS
  • Hourly rate: $50 – $99

Standout work: Multiple whiteboard explainers for the affordable-housing company Eden Housing, one breaking down an employee reward program and another explaining the tax-credit system, helping onboard current and new employees.

Best for: brands wanting premium, fully custom whiteboard work with blue-chip polish.
Keep in mind: a small team and light review count, so confirm capacity for larger programs.

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5. Ydraw

Ydraw is one of the most established whiteboard studios in the US, founded in 2011 in Saint George, Utah, with a team spread across three continents. It was an early experimenter with style variations, including watercolor, colored, and hybrid versions, and its hand-drawn sketching detail is widely regarded as among the best in the category.

Beyond whiteboards, it handles motion graphics, 2D and 3D animation, demo videos, and video ads, with custom artwork, scripts, voice-over, and music, and turnaround times of 1 to 5 weeks. Reviewers single out its clear, well-structured process and the value of the finished work.

Quick facts

  • Founded: 2011
  • Based in: Saint George, Utah, USA (team across three continents)
  • Clutch: 5 / 5 (10 reviews)
  • Specialties: whiteboard and video scribing (watercolor, colored, hybrid styles); also 2D/3D, motion graphics, demo videos
  • Notable clients: UniFirst, Cisco ONE, Diabetes Hope Foundation, DesignDocs
  • Hourly rate: $150 – $199

Standout work: Ydraw produced five hand-drawn whiteboard videos, each running 1 to 2 minutes, to illustrate a set of business concepts, managing all sound effects and editing. Reviewers called the production high quality and clear, with the value of the deliverables far exceeding the project’s cost.

Best for: whiteboard projects where hand-drawn craft and flexibility matter.
Keep in mind: whiteboard is the core, so it is less suited to high-end 3D or cinematic work.

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What Happens After Your Explainer Video Goes Live

The final file is a milestone, not the finish line. Knowing what comes next keeps expectations realistic and protects the value of the work.

  • Revisions wrap up first. Most studios include a set number of revision rounds at each stage, and those should be resolved before final delivery. Confirm what counts as a revision versus a new request, since changes after sign-off are usually billed separately.
  • Format variants for different channels. A single explainer rarely fits every placement as-is. Plan versions tailored to where it will run, such as a web cut, a shorter social edit, and a silent, captioned version for feeds where most videos play without sound.
  • Vertical cuts for social. Square and vertical 9:16 versions are now essential for mobile and social platforms. Ask whether these are included or quoted separately, since reframing animation for vertical can require real rework rather than a simple crop.
  • Source files and ownership. Confirm receipt of the final files and decide whether you also need the editable source assets. Having the source makes future edits far easier and is worth settling in the contract.
  • Future updates. Products, pricing, and branding change, so most explainers need a tweak within a year or two. Ask how the studio handles later edits, including cost and turnaround for swapping a logo, updating a figure, or producing a localized version.
  • Performance check-ins. Build in a point a few weeks after launch to review the metrics from the chapter above. If the video underperforms, a small recut or a stronger thumbnail and intro often lifts results without a full reshoot.

How to Measure the ROI of an Explainer Video

Before launch, set a baseline. Without it, you can’t tell whether post-launch movement is a lift or a normal fluctuation. Record the current number for the metric you want the video to affect (e.g., conversion rate, support ticket volume, or time to activation). That is the number you measure against.

  • Conversion rate on the page. Landing pages with an embedded explainer video can convert at up to 86% higher rates than text-only pages, and controlled tests on B2B SaaS pages have shown lifts of 100%+. Run an A/B test for 2 to 4 weeks, keeping the video as the only variable. If sign-ups or demo requests rise on that page, you have a direct signal of impact.
  • Watch time and drop-off point. Videos under 1 minute achieve a 65% completion rate among B2B viewers. For videos over 20 minutes, that number falls to 20%. If viewers drop off before the call to action, the issue is often pacing or a script that takes too long to get to the point. The drop-off timestamp shows exactly where the cut needs work.
  • Support and onboarding load. Track the support ticket categories that the explainer was designed to reduce. If repeat questions on a specific topic declines, that is a measurable outcome. If the goal was onboarding, pair that data with time-to-first-value to see whether new users are reaching value faster.
  • Sales influence. B2B companies report that video influences 40%+ of the sales pipeline on average. Ask sales to log when the explainer was shared with a prospect, then compare these deals with agreements where it wasn’t used. Look for faster progression, higher close rates, or fewer repeated objections.
  • Timeline for ROI. ROI for explainer videos is usually measurable within 3 to 6 months, not in the first few weeks. That matters when reporting internally, especially if the video supports top-of-funnel education or a longer B2B buying cycle.
  • Reuse value. One 90-second explainer can be repurposed into a 30-second paid ad, a 60-second LinkedIn version, and an email teaser from the same production. Track how often those assets are reused across channels over 12 months. As usage increases, cost per use drops, which can materially improve ROI by year-end.

Final Thoughts

Treat your explainer like the investment it is. Pick the studio whose specialty and budget match your project, define the one outcome you want it to move, and set a baseline before launch so you can prove the return later. The five studios here all do strong, verifiable work; the right one for you is simply the one built for your format and goal.

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EasyJet announces first international flight from Cornwall Airport

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The route will provide a connection for people travelling to the Alps during ski season

An easyJet plane flying in a blue sky

An easyJet plane

Budget carrier easyJet has announced its first international flight from Cornwall Airport Newquay.

The route to Geneva in Switzerland will operate once a week – on Saturdays – from January 16 to February 27, 2027, providing a connection for travellers from Newquay to the Alps during the ski season, with dates including February half term.

The seasonal service will be the only direct winter connection between Newquay and Switzerland and follows easyJet’s recent announcement of a summer route between Newquay and London Gatwick.

Kevin Doyle, easyJet’s UK Country Manager, said: “We are delighted to be putting another route on sale from Newquay, our first international service from the region, following the recent launch of our route to London Gatwick.

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“Our winter service to Geneva will be perfect for those looking to book a winter getaway whether that’s for a city break or a ski trip in the French Alps. We are committed to providing our customers across the UK with greater regional connectivity at affordable prices.”

Nigel Scott, commercial director at Cornwall Airport Newquay, added: “We’re very pleased to be able to offer travellers in Cornwall a direct connection to the Alps with easyJet this winter.

“We know demand is high for direct ski access from the region, and this route provides an affordable and convenient way for travellers to land on the doorstep of some of Europe’s best ski resorts.

“Building on the success of easyJet’s summer Manchester route, and upcoming London Gatwick connection, we’re delighted to continue strengthening our partnership with easyJet into the winter season.”

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Earlier in June, Cornwall Airport announced plans to launch a direct-flight package holiday programme to Tenerife in March next year. The South West transport hub has partnered with Murray Travel on the programme which will offer two direct departures from Newquay to Tenerife on Friday, March 5 and Friday March 12.

The news comes as the airport’s interim managing director, Amy Smith, steps down from the organisation after 11 years to take up a new role within the aviation sector. The transport hub has not announced a new boss yet, but is expected to appoint a new MD in the coming weeks.

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LARRY KUDLOW: Stop the hand-wringing, let Trump make a great deal for America

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LARRY KUDLOW: Trump gets an A-Plus for grace and courage

There’s vastly too much hand-wringing over President Trump’s diplomacy and potential dealmaking with Iran, and it’s coming from friends and foes alike. I think it has more to do with America’s crumbling political infrastructure, than it does regarding the merits of Mr. Trump’s efforts.

First of all, the so-called memorandum of understanding is a nonbinding political document which simply outlines topics to be covered in the months ahead for some kind of final deal. Some people are taking parts of this MOU completely out of context for their own political gain. Let’s step back for a moment.

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Over the past year, beginning with Operation Midnight Hammer and continuing through Epic Fury and Economic Fury, American and Israeli allied forces have completely decapitated the Iranian leadership, turned their nuclear capacity into rubble, totally buried their enriched uranium, destroyed their navy, destroyed their airforce, destroyed their radar, destroyed much of their missiles, and drones, and destroyed virtually their entire industrial base. Inflation could be running at more than 200 percent. Food and medicine for average civilians are not available. Currency is worthless. The economy essentially shuttered. In other words, Iran’s military and economic capabilities have been decimated. And people know this whether they criticize it or not.  General Jack Keane observed that we’re not even seeing Iranian fast boats anymore in the Strait of Hormuz.

Meanwhile, the New York Post’s Miranda Devine writes that Iranian women at Tehran are now going around on motorcycles wearing skirts and without hijabs covering their hair, a crime that used to result in fines, jail, and savage beatings. Yet the morality police may be dead. Another sign that the radical Islamist Republic is crumbling from the inside.

Because of Mr. Trump’s courageous actions, the only president in the last 50 years to go after Iran forcibly and successfully. Its leadership has been decapitated, their military capabilities have been virtually eliminated, and their nuclear operations have been shut down. All reduced to rubble.

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In short, their capacity for harm has essentially been eliminated for years to come with no boots on the ground. So, all this gives Mr. Trump the opening for diplomacy in the future. Why not try it? And that leads to at least a temporary suspension of the naval blockade to reopen the Strait of Hormuz and bring down oil prices to sustain the world economy.

It’s a risk worth taking. Indeed I don’t think there’s any risk at all. And not a single dime of money will reach Iran unless the final deal verifiably with inspectors ends their nuclear program and their enriched uranium. That’s the final deal, not some non-binding memo.

Even oil money will be put into an escrow account by the United States Treasury. And released only for buying the Iranian people food, farm, and medical help. Mr. Trump had this to say on the matter: “One of the things that we are doing also, and it came up last night, is money that’s being unfrozen is going to be used to buy food, and the food is going to be bought exclusively through the United States from our farmers. And corn, soybeans, all of the things they need are going to be bought from our farmers.”

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That is quintessentially a Trumpian approach in deal making. The absolute key point is that the president, as he has said time and again, is going to end Iran’s nuclear capacity, period, full stop, with verification and inspection. Mr. Trump calls it nuclear honesty. And if Iran doesn’t play ball, then… We will go back to military, bombing, and the economic embargoes, and give them even more damage if that’s what it’s going to have to take.

Right now, Mr. Trump is making the right decisions. Opinion polls more and more are showing a favorable attitude towards his diplomacy and deal-making. So I say, let us stop this hand-wringing and let Mr. Trump do what he does best. Which is make a great deal for America.

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Genco Shipping Stock: A Hidden Gem Caught Between A Board And An Activist (NYSE:GNK)

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Genco Shipping Stock: A Hidden Gem Caught Between A Board And An Activist (NYSE:GNK)

This article was written by

I’m an economist and data analyst, with academic roots in econometrics, PPE (Philosophy, Politics & Economics), and an MBA, and 20 years of hands on experience across finance and analytics. Active in equity markets since 2018, I apply quantitative and first-principles thinking to hunt for the story hiding behind the numbers, situations where real earnings power diverges sharply from what the market is currently pricing. I’m drawn to overlooked small and mid-cap names where the numbers tell a more interesting story than the market is willing to acknowledge yet!

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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DOE announces $17.5 billion in loans to boost nuclear reactor supply chain

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DOE announces $17.5 billion in loans to boost nuclear reactor supply chain

The Department of Energy on Tuesday announced $17.5 billion in conditional loans for utilities and energy companies to buy parts that will strengthen the commercial supply chain for nuclear reactors.

Energy Secretary Chris Wright said that the announcement supports President Donald Trump‘s executive order by boosting the nuclear industrial base, helping to “unleash the next American nuclear renaissance.”

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“To accomplish that mission, these conditional loans will play an important role in reviving the supply chain needed for America to once again build large-scale commercial reactors,” Wright explained.

“They will also help accelerate the timeline of building those large-scale reactors by up to three years, lowering construction costs and ensuring the United States is able to deliver on President Trump’s bold and ambitious energy addition agenda,” he added.

US PLANS TO BUILD NUCLEAR REACTOR ON THE MOON BY 2030, NASA SAYS

Steam coming out of a nuclear power plant

The Energy Department is hoping to speed up the development of new commercial nuclear reactors through the conditional loan program. (Fox News)

The conditional loans were provided by the Energy Department‘s Office of Energy Dominance Financing (EDF). The loans aim to help achieve the goal laid out in the president’s executive order, which is to have 10 new large nuclear reactors with complete designs under construction by 2030.

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The $17.5 billion in conditional loans will help finance five eligible projects that are sponsored by utilities and energy companies to speed up the deployment of 10 large-scale commercial nuclear reactors across the U.S. by up to three years. Each of the five loans will support two reactors at a project site.

Westinghouse, which makes the API1000 units that are the only licensed large-scale commercial reactors operating in the U.S. today, will partner with the eligible utilities and energy companies on the procurement of long-lead items at a fixed price. 

TRUMP ADMIN PROVIDES $1B FEDERAL LOAN TO RESTART THREE MILE ISLAND NUCLEAR REACTOR

U.S. Energy Secretary

Energy Secretary Chris Wright speaking during a panel, said that more than half a dozen utilities and energy companies have expressed interest in the program. (Anna Moneymaker/Getty Images, File)

Long-lead items are complex components of a nuclear power plant that require the most time to manufacture and deliver, such as reactor vessels and steam generators.

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Each of the projects will be jointly owned by Westinghouse and the utility or energy company partner, with both required to fully commit project equity of $500 million each, for a total of $1 billion, up front before they can access the Energy Department’s loan funds.

The U.S. industry has struggled to attract investment because nuclear projects are capital-intensive, prone to cost overruns and face complex regulations – creating a riskier proposition for investors than relatively cheaper, quicker energy projects involving natural gas and renewables.

META’S MASSIVE NUCLEAR POWER DEALS WILL HELP US ‘WIN’ AI RACE AGAINST CHINA, EXECUTIVE SAYS

Cooling towers at the Three Mile Island nuclear power plant.

The Three Mile Island nuclear power plant is due to return to operation in the next few years. (Heather Khalifa/Bloomberg via Getty Images, File)

Wright told reporters that the loans have attracted strong interest from data center hyperscalers, which are tech giants that run cloud and computing infrastructure, as well as energy companies amid the rising demand for electricity due to the buildout of data centers that power artificial intelligence (AI) systems.

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“We are confident that these projects will be economic for utility shareholders, ratepayers and hyperscalers,” Wright said. He added that seven utilities expressed interest, but wouldn’t disclose their names or the location of their projects.

Trump’s goal is to quadruple U.S. nuclear power capacity to 400 gigawatts by 2050, which is an aggressive target given that the last reactors built in the U.S. were delayed by seven years and faced billions of dollars in cost overruns.

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Three shuttered nuclear power plants are on track to resume operations in the coming years, including Palisades in Michigan, Three Mile Island in Pennsylvania and Duane Arnold in Iowa.

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During Trump’s first term, he used what was then known as the Loan Programs Office to help finance reactors for the Vogtle nuclear power plant in Georgia.

Wright said that the Energy Department expects the plants’ timing and cost to “well outperform what was done on Vogtle.”

Reuters contributed to this report.

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Exxon Mobil Shares Edge Higher as Oil Giant Advances Texas Move and Eyes Growth Amid Steady Crude Prices

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ASX 200 Top Gainers: Telix Pharma Jumps 3.23% on FDA

NEW YORK — Exxon Mobil Corp. shares rose modestly Tuesday as the energy giant pressed ahead with plans to redomicile to Texas and highlighted its long-term growth strategy in a market buoyed by relatively stable oil prices.

The stock traded at $139.16, up 0.53 percent or 73 cents, in morning trading on the New York Stock Exchange. The move came as broader energy markets reflected ongoing attention to global supply dynamics and corporate restructuring efforts by major producers.

Exxon Mobil announced last week that its planned redomiciliation from New Jersey to Texas will take effect July 1. The shift, approved by shareholders in May, aims to align the company’s legal home with its operational heartland and potentially streamline regulatory and tax considerations.

The company has emphasized that the move supports its focus on delivering long-term value. In its first-quarter 2026 earnings release, Exxon Mobil reported earnings of $4.2 billion, or $1.00 per share. Excluding certain items and timing effects, earnings reached $8.8 billion, or $2.09 per share. Cash flow from operations stood at $8.7 billion.

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Chairman and CEO Darren Woods has repeatedly stressed disciplined capital allocation and investment in high-return projects. The company continues advancing developments in the Permian Basin and Guyana, where production is ramping up toward significant milestones.

Analysts maintain a generally positive outlook. Bank of America recently upgraded the stock to “Buy,” citing attractive valuation and strong fundamentals. Consensus price targets hover around $163 to $170, implying upside from current levels.

Exxon Mobil’s forward dividend yield stands near 3 percent, supported by 43 consecutive years of increases. The company returned $9.2 billion to shareholders in the first quarter through dividends and buybacks.

The energy sector faces a complex backdrop. Oil prices have stabilized following earlier volatility tied to geopolitical developments and demand concerns. Exxon Mobil and peers continue navigating the energy transition while investing in conventional resources to meet near-term needs.

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Strategic Investments and Operational Focus

Exxon Mobil’s strategy centers on leveraging its scale in upstream production, downstream refining, and chemical manufacturing. The company targets annual production growth of approximately 1.8 million oil-equivalent barrels per day by 2026, grounded in value rather than pure volume.

Key projects include expansions in Guyana, where output is expected to exceed 700,000 barrels per day over time. Permian operations also remain a priority, with efficiency gains helping offset cost pressures.

The redomiciliation to Texas aligns with these operational realities. Texas hosts significant portions of Exxon Mobil’s U.S. assets and workforce. Company officials have framed the change as enhancing long-term competitiveness without disrupting day-to-day business.

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Analysts note Exxon Mobil’s balance sheet strength and free cash flow generation as key differentiators. Trailing twelve-month free cash flow exceeded $23 billion, providing flexibility for investments, dividends, and share repurchases.

Market Context and Challenges

Global oil markets remain sensitive to supply shifts from OPEC+ producers and demand signals from major economies. Recent reports of potential U.S.-Iran diplomatic progress added some downward pressure on prices earlier in the month, though benchmarks have since steadied.

Exxon Mobil’s diversified portfolio helps buffer such volatility. Its chemical and refining segments provide counterbalance to upstream swings. First-quarter results showed resilience despite timing effects that pressured reported figures.

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Environmental and regulatory pressures persist. Shareholder proposals on climate and governance issues featured prominently at the May annual meeting, though management maintained strong support for its board and strategy.

The company continues reporting progress on lower-carbon initiatives while prioritizing core hydrocarbon developments. Woods has described the approach as pragmatic, balancing energy security with emission-reduction goals.

Analyst Views and Valuation

Wall Street largely views Exxon Mobil as undervalued relative to its cash flow potential and asset base. Discounted cash flow models suggest intrinsic value well above current trading levels, with some estimates exceeding $270 per share under conservative assumptions.

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Earnings estimates for full-year 2026 reflect optimism around production ramps and efficiency. The stock trades at a forward price-to-earnings multiple in the low 20s, below historical peaks for the sector.

Risks include prolonged low oil prices, execution challenges on major projects, and evolving energy policies. Exxon Mobil’s size and integrated model provide advantages in navigating these uncertainties.

Outlook

As the second quarter progresses, investors will watch for updates on operational milestones and any further details on the Texas transition. Exxon Mobil’s next earnings report is anticipated in late July.

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The company maintains its commitment to disciplined investment and shareholder returns. With shares showing modest gains amid broader market rotation, Exxon Mobil continues positioning itself as a reliable energy supplier capable of adapting to changing conditions.

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Nestle Health Science veteran to lead Ocean Spray

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Nestle Health Science veteran to lead Ocean Spray

Abigail Buckwalter was with Nestle Health Science for nearly 15 years.

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Tram system among transport plans for Bournemouth, Christchurch and Poole

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The idea is part of a 10-year strategy aiming to better connect the region

MetroLink tram from Manchester (credit NQ)

MetroLink tram from Manchester(Image: Local Democracy Reporting Service / NQ)

A tram network could soon be set to revolutionise transport across Bournemouth, Christchurch and Poole.

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The proposal forms part of the BCP Growth Plan, a decade-long vision designed to transform Bournemouth, Christchurch and Poole into a better-connected, more environmentally friendly and inclusive area by 2036.

The blueprint was examined by BCP Council’s Overview and Scrutiny Board on June 15.

A central element of the plan involves enhancing transport links and reducing congestion through environmentally sustainable alternatives such as ultra-light rail.

Councillor Lesley Dedman said: “It is a wonderful wishlist and it does push all the right buttons. We all want these things, for example the advanced manufacturing hub and industrial parks, with these three towns we are short of space so it is those things I am interested in how we are going to work that out.

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“Another thing I am not quite sure on is ultra light railway, what a fantastic idea, I am not to sure what it is but I think again those things have been tried year after year and I really hope we can get something going this time as there has always been a problem.”

Councillor Richard Herrett said: “Not a single post-war tram system has been delivered without central government funding. Which means for a tram system we are likely to need some government funding. As the devolution agenda moves forward there is potential in that, but I think where we are in that scheme remains to be seen.

“Trams are universally loved but they do take up a lot of space and that is another challenge we have in out area. I think we would love a tram system but that government funding can’t come too soon.”

The blueprint also puts forward reopening the Hamworthy branch line and implementing additional improvements to ease congestion, support commerce and enhance travel choices.

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Redevelopment of key locations including Wessex Fields, Bournemouth Airport and Holes Bay also features prominently.

The broader strategy seeks to stimulate job creation, increase affordable housing provision, rejuvenate town centres and strengthen local communities.

It focuses on long-term expansion in established sectors such as financial services, advanced manufacturing and the creative industries.

While councillors generally back the vision, uncertainties persist around practical implementation, funding streams and the plan’s resilience to future challenges.

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A comprehensive report on the growth plan will be considered by cabinet and council at a subsequent meeting.

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Russell 2000 Crosses 3000 Line. It’s Crushing the Mag 7 Lately.

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Don’t look now, but the Russell 2000 just hit 3000.

The small-cap index was up 0.7% and trading slightly above the 3000 mark. It first closed above 2000 on Dec. 23, 2020, according to Dow Jones Market Data. It first closed above 1000 on July 5, 2013.

Smaller stocks have been riding a bit of a resurgence this year. The index is up 42% in the past 12 months and 21% this year.

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MorningStar Farms issues warning over select nuggets, patties: FDA

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MorningStar Farms issues warning over select nuggets, patties: FDA

MorningStar Farms is voluntarily recalling two plant-based food products sold in the U.S., Puerto Rico and Costa Rica because they may contain plastic pieces, according to a notice published by the Food and Drug Administration (FDA).

The recall affects MorningStar Farms Buffalo Chik’n Nuggets and MorningStar Farms Hot & Spicy Sausage Patties. The company announced the recall on June 18, and the FDA published the notice Monday.

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Consumers who purchased the affected products should not consume them and should instead discard the items and contact the company for a full refund, MorningStar Farms said. 

No other MorningStar Farms products are included in the recall.

THOUSANDS OF BOTTLES OF BLOOD PRESSURE MEDICATION RECALLED NATIONWIDE

Package of MorningStar Farms Buffalo Chik'n Nuggets

MorningStar Farms Buffalo Chik’n Nuggets are among the products included in a voluntary recall. (MorningStar Farms  / Unknown)

The recalled Buffalo Chik’n Nuggets were sold in 10.5-ounce packages with UPC code 00028989101105 and “Better if Used Before” dates of July 7, 2027, and July 8, 2027. 

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The recalled Hot & Spicy Sausage Patties were sold in 8-ounce packages with UPC code 00028989100948 and “Better if Used Before” dates of July 5, July 6 and July 7, 2027.

The Chicago-based company said it initiated the recall because of the possible presence of plastic pieces in the food. The products were distributed in the United States, Puerto Rico and Costa Rica, according to the recall notice.

Food recalls involving foreign materials such as plastic can pose a choking hazard or risk of injury if consumed. The FDA classifies recalls involving potential foreign-material contamination among the more common food-related recalls issued each year.

POPULAR TEETHING TOY SOLD ON AMAZON FOR YEARS RECALLED OVER CHOKING HAZARD FOR CHILDREN

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Package of MorningStar Farms Hot & Spicy Sausage Patties

MorningStar Farms Hot & Spicy Sausage Patties are being recalled over possible plastic contamination. (MorningStar Farms / Unknown)

The announcement did not indicate whether any injuries had been reported in connection with the issue or how the possible contamination was discovered.

“At MORNINGSTAR FARMS, our highest priority is protecting the safety and wellbeing of our consumers,” a Mars spokesperson said in a statement to FOX Business. “On June 18, we announced a voluntary recall of two varieties of MORNINGSTAR FARMS products in the U.S., Puerto Rico and Costa Rica because of possible plastic pieces in the food.”

FDA HQ sign in Maryland

The FDA classifies recalls involving potential foreign-material contamination among the more common food-related recalls issued each year. (Sarah Silbiger/Getty Images, File / Getty Images)

The spokesperson added that the recalled varieties are MORNINGSTAR FARMS Buffalo Chik’n Nuggets and MORNINGSTAR FARMS Hot & Spicy Sausage Patties, and that no other products are affected by the recall.

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Consumers seeking additional information can contact MorningStar Farms Consumer Affairs Monday through Friday from 9 a.m. to 6 p.m. ET by calling 800-962-0120 or texting 877-453-5837.

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Lucid Is Cutting 18% of Its U.S. Workforce. Why the EV Maker Is Struggling.

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Lucid Is Cutting 18% of Its U.S. Workforce. Why the EV Maker Is Struggling.

Lucid Is Cutting 18% of Its U.S. Workforce. Why the EV Maker Is Struggling.

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