Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

Miller Industries: Even With Growth On The Horizon, Conditions Justify Caution (NYSE:MLR)

Published

on

Miller Industries: Even With Growth On The Horizon, Conditions Justify Caution (NYSE:MLR)

This article was written by

Daniel is an avid and active professional investor.
He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham’s investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

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.

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Banking, defence could lead next market rally as Nifty eyes 25,000: Rohit Srivastava

Published

on

Banking, defence could lead next market rally as Nifty eyes 25,000: Rohit Srivastava
Indian equity markets are attempting to hold above the crucial 24,000 mark, with investors closely watching whether the benchmark indices can sustain their recent gains.

According to Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts, the technical setup continues to favour the bulls as long as key support levels remain intact, with banking and defence emerging as two sectors likely to outperform in the coming months.

23,800 Remains the Key Support for Nifty
Srivastava believes the market’s immediate direction will depend on whether Nifty can defend the 23,800 level, which has repeatedly acted as a strong support.”So, I have put 23,800 as the critical support that the market is trying to test again and again. That is where we left behind a gap on the 15th of June and, interestingly, we have not filled it, which makes it a good support. Now, as long as this support holds and we close positive today, the next target for the market is to cross the 25,000 mark in the coming weeks, and that is what we would be looking for. Similarly, in Bank Nifty, if I put the support range at around 59,956, we would be looking at it going towards 61,000 in the coming days,” he said.

According to him, maintaining these support levels could pave the way for another leg of the market’s uptrend.
Defence Weakness Is Only a Pause
While the Nifty Defence Index witnessed sharp selling pressure during the session, Srivastava does not see it as a reversal of the broader trend. Instead, he believes the decline is simply a temporary correction following a strong rally.
“So, it is just a pullback. The Defence Index was actually holding out against the market. It went up for almost seven-eight consecutive days, and we have seen a two-day pullback. So, it is probably just a pause in what is going to be a continuation of an uptrend. The Nifty Defence Index should be headed towards 10,700-10,800 in the coming weeks, so it would be a buy on dips as of now. We do have open recommendations on GRSE, that is Garden Reach, for our clients, so that is a particular stock that we like,” he said.
His view suggests that investors should use short-term corrections as buying opportunities rather than interpreting them as a sign of weakness.

Banking Could Be One of the Best-Performing Sectors
The strong performance in both private and public sector banks has reinforced Srivastava’s bullish outlook on financials. He believes the sector is entering a phase of catch-up after lagging the broader market for the past couple of years.

Advertisement

“Let me just highlight that we are SEBI-registered since I discussed the stock. Now, coming to banking, I do think that the banking sector as a whole is going to be one of the top-performing sectors of the coming year after having underperformed for a year or two before. In the previous cycle, it was lagging, especially private banks. There is a complete turnaround and catch-up in performance that is happening right now. In the next leg of growth, financials are going to play a very, very important part. I already mentioned the Bank Nifty levels that we are looking at, going towards 61,000 in the next move in the coming days, so I do not think you are going to see any weakness in the financial space,” he said.

His outlook indicates that financial stocks could become a key driver of the next phase of the market rally, supported by improving sectoral momentum and strengthening technical indicators.

Continue Reading

Business

McEwen: A Self-Funding Turnaround With A Copper Option Hiding In Plain Sight (NYSE:MUX)

Published

on

McEwen: A Self-Funding Turnaround With A Copper Option Hiding In Plain Sight (NYSE:MUX)

This article was written by

I am an investor specializing in the consumer products sector with a focus on identifying companies that offer a unique combination of strong brand recognition, solid financials, and growth potential. I have a keen eye for consumer trends and an in-depth understanding of the industry, which has helped me to identify profitable investment opportunities in the sector.

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.

Advertisement
Continue Reading

Business

Oil prices fall as Strait of Hormuz shipping rises despite mine threat

Published

on

Oil prices fall as Strait of Hormuz shipping rises despite mine threat

Traffic by tankers transiting the Strait of Hormuz has picked up amid the negotiations between the U.S. and Iran aimed at ending the war, which has caused oil prices to decline with more supply hitting the market.

The two sides have agreed to open the key shipping route for oil during the negotiations after the U.S. instituted a naval blockade and Iran laid sea mines that deterred shipping from moving through the narrow chokepoint.

Advertisement

The Strait of Hormuz’s central channel is yet to be cleared of Iranian mines, which has caused ships making the transit to either pass through a northern channel in Iran’s territorial waters or a southern channel in Oman’s waters. The U.S. Navy is overseeing transits along the southern route, while Iran issued a demand last week that vessels use the northern route through its waters.

Shipping traffic rose over the weekend to the highest level since the conflict began at the end of February, with 109 vessels transiting the Strait of Hormuz from Saturday through Monday, according to Kpler, a firm which tracks global shipping traffic.

OIL PRICES FLUCTUATE AS TRUMP’S IRAN DEAL COULD FULLY REOPEN STRAIT OF HORMUZ

Oil tankers pass through the Strait of Hormuz, Dec. 21, 2018.

Shipping traffic through the Strait of Hormuz is rising amid U.S.-Iran negotiations, though it remains below pre-war levels amid the threat of mines. (Reuters/Hamad I Mohammed)

President Donald Trump said Tuesday in a post on his Truth social media platform that, “19 Million Barrels of Oil flowed out of the Hormuz Strait yesterday, an all time RECORD. Oil prices are tumbling down, and the World is a much safer place!!!”

Advertisement

Despite the rise in shipping traffic, it remains lower than the more than 130 ships per day that transited the strait on a typical day before the conflict began, the New York Times reported

There also remains a backlog of hundreds of ships waiting to pass through the strait, according to the International Maritime Organization.

OIL PRICES PLUNGE TO LOWEST LEVELS SINCE EARLY MARCH AFTER TRUMP SIGNS IRAN DEAL

President Trump at a Cabinet meeting

President Donald Trump touted the rise in oil traffic amid the negotiations with Iran. (Getty Images)

The Joint Maritime Information Center (JMIC), a U.S.-led international maritime security organization based in Bahrain, lowered the regional threat level to moderate on June 18 after the U.S. and Iran agreed to open the waterway during the 60-day negotiating window.

Advertisement

However, it noted there have been confirmed mines in the waterway and recommended vessels use the southern route near Oman as it has been cleared of mines.

“Mariners should be advised of the existence of mines and expect naval presence as clearance operations continue,” JMIC said in its announcement. “Mariners should also expect congestion through transit routes and potential VHF hailing from naval forces to support free flow.”

ZELDIN TOUTS US ENERGY FUTURE, SAYS INDO-PACIFIC NATIONS INCREASINGLY INTERESTED IN AMERICAN SUPPLY

Oil tankers in the Strait of Hormuz.

Tanker traffic in the Strait of Hormuz declined precipitously amid the Iran war. (Giuseppe Cacace/AFP via Getty Images)

The uptick in oil moving through the Strait of Hormuz has eased global oil prices, which surged to trade above $100 a barrel at times during the first two months of the conflict. 

Advertisement

Prices for Brent crude, the global oil benchmark, were around $75 a barrel on Tuesday after declining about 0.3% on the day and over 4.5% in the past five days.

They also declined for the U.S. crude benchmark, West Texas Intermediate, which was about $73 a barrel on Tuesday after declining roughly 0.8% on the day and around 7.7% over the last five trading days.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Rising oil supplies from the Middle East with the return of tanker traffic through the Strait of Hormuz has also caused a shift in prices for North Sea crude, with prices for Forties crude from the North Sea trading at its lowest level in two years on Monday, Bloomberg reported.

Advertisement
Continue Reading

Business

Chinese supercomputer surpasses US for world’s fastest in first since 2017

Published

on

Chinese supercomputer surpasses US for world's fastest in first since 2017

A Chinese supercomputer system surpassed an American computer for the world’s fastest, according to an industry list published in Hamburg, Germany, on Tuesday, giving China the edge over the U.S. with the fastest supercomputer for the first time since 2017.

LineShine, a system built by the Shenzhen Cloud Computing Center in China, took the crown from El Capitan, a supercomputer housed at the Lawrence Livermore National Laboratory in California, which had reigned supreme since November 2024.

Advertisement

The last time China held the top spot was in 2017, when the Sunway TaihuLight was ranked No. 1. The U.S. had held the top spot consistently since dethroning Japan’s Fugaku in 2021.

MICROSOFT CEO SATYA NADELLA’S WARNING ABOUT THE AI RACE

A computer blade for the Hewlett Packard Enterprise El Capitan supercomputer

A computer blade for the Hewlett Packard Enterprise El Capitan supercomputer at the HPE Discover event at the Sphere in Las Vegas on June 24, 2025. (Ian Maule/Bloomberg via Getty Images)

LineShine, unlike the majority of high-end supercomputers, is not powered by graphics processing units (GPUs) such as the ones made by chip manufacturer Nvidia. The new compute champion, instead, runs on standard central processing units (CPUs). In total, LineShine runs on over 13 million CPUs, according to the TOP500 List.

The TOP500 List uses a metric called the High Performance Linpack (HPL) benchmark to measure supercomputer performance. Evaluating a computer along this benchmark involves making the system run a protracted series of calculations, pushing the system to its limit in an attempt to ascertain how much computing it can actually do.

Advertisement

“This performance does not reflect the overall performance of a given system, as no single number ever can. It does, however, reflect the performance of a dedicated system for solving a dense system of linear equations,” the TOP500 list writes on its website.

APPLE CEO TIM COOK WARNS OF “UNAVOIDABLE” PRICE HIKES AMID AI-DRIVEN CHIP CRUNCH

Using this benchmark, TOP500 determined that LineShine performed 20% better than El Capitan.

The Hewlett Packard Enterprise El Capitan supercomputer

The Hewlett Packard Enterprise El Capitan supercomputer at the HPE Discover event at the Sphere in Las Vegas on June 24, 2025. (Ian Maule/Bloomberg via Getty Images)

LineShine’s entrance onto the list also made it the fifth supercomputer in the world to demonstrate exascale capacity, meaning it can perform one quintillion calculations per second.

Advertisement

GET FOX BUSINESS ON THE GO BY CLICKING HERE

While China nabbed the top spot, the U.S. still dominated the rankings overall, holding the second, third and fourth spots with El Capitan, Frontier and Aurora.

U.S. President Donald Trump shows an executive order he signed in the Oval Office of the White House

President Donald Trump shows an executive order he signed at the White House related to quantum computing on June 22, 2026. (Andrew Harnik/Getty Images)

The Chinese computer’s debut on the list comes one day after President Donald Trump signed an executive order related to quantum computing, moving the U.S. to upgrade its efforts in the emerging technology that some experts say will transform the computing landscape.

Advertisement
Continue Reading

Business

How has the Northern Ireland economy performed since Brexit?

Published

on

A lorry arriving at Larne port. There is a sign for Terminal 4 Belfast-Cainryan and Stena Line.

In two of Northern Ireland’s port towns, the starkly different economic impacts of the 10 years since Brexit come to life.

In Larne, garden centre owner John Shannon points to a £387 “export charge” he must now pay just to bring in roses from Great Britain (GB).

In Warrenpoint, food manufacturer Brian Reid sees a different reality.

“Off the back of the Brexit vote, we picked up a lot of customers who wanted to source on the island of Ireland,” he said.

Advertisement

In the 10 years since the referendum result that saw the UK leave the EU, Northern Ireland’s economy has outperformed the UK average on some key measures.

Northern Ireland has a Brexit deal which means it has a closer economic relationship with the European Union (EU) than other parts of the UK.

It is tempting to conclude the better performance is all due to that special deal.

The reality is more complicated than that.

Advertisement

Part of the story is Northern Ireland undergoing a delayed recovery having suffered a deeper and longer recession following the 2008 financial crisis and property crash.

On a wider note, Brexit set the tone of politics in Northern Ireland for years, leading to the suspension of devolution between 2022 and 2024. Its impacts remain divisive and contested.

Continue Reading

Business

S&P 500, Nasdaq futures tick up as tech shares stabilize

Published

on

S&P 500, Nasdaq futures tick up as tech shares stabilize


S&P 500, Nasdaq futures tick up as tech shares stabilize

Continue Reading

Business

Why are there holiday delay warnings over the EU’s new border system?

Published

on

People wait at the top of escalators with luggage and checking phones at the Eurostar terminal at St Pancras in London, in December. The Eurostar sign can be seen in the background.

EES started to be rolled out in October last year and is now fully up and running.

The time it takes to register biometric information means people have been told to prepare for a wait at border controls.

During the introductory period, queues started to flare up at certain airports at busy times.

Since then, the system has been working well in some airports, while waits of several hours have been reported at others.

Advertisement

A representative of airline trade body IATA has warned queues in some places could be as long as six hours.

Travel experts and industry figures have blamed problems with the technology and border staffing levels. There have also been reports of people having to register their biometric information more than once.

The UK boss of Wizz Air told the BBC passengers should be prepared for a wait, and turn up three hours before their flight home.

Some passengers have missed flights home because the wait for EES checks meant they could not reach their gate in time.

Advertisement

Whether airlines will hold flights for passengers who get held up is a mixed picture. Some say they will wait wherever possible, while Ryanair is an example of a carrier which has said it will not.

Continue Reading

Business

Risks to stock market gains: Inflation, AI spending slowdown, regulation

Published

on

Risks to stock market gains: Inflation, AI spending slowdown, regulation

Fed Chair Kevin Warsh struck a hawkish tone during his first press conference leading the central bank last week. That was enough to put a dent in trading for the day, but markets quickly shook off volatility. The future still looks bright for markets through the rest of this year, but today I’m breaking down the key risks to watch in the second half of 2026, and how investors are digesting Warsh’s not-so-detailed preview of the Fed’s path forward.

Continue Reading

Business

New role for former First Minister Vaughan Gething

Published

on

Business Live

He has joined the board of N3XUS

Vaughan Gething

Vaughan Gething(Image: Matt Horwood/Senedd)

Former First Minister Vaughan Gething has taken up a new role with a company that supports governments, companies and investors to implement and monitor their environmental, social and governance (ESG) strategies.

Mr Gething, who stood down as an MS at the Senedd Election May, has been appointed to the board of N3XUS as a non executive director.

Advertisement

The firm, which has a growing international client base, has offices in Dubai, Florida, New York , London and Cardiff. It provides a single reporting infrastructure where carbon, social and governance evidence is captured and verified once and then mapped to the standards organisations report against.

It said that each disclosure is tied back to audit-ready records, so regulators, financiers and boards can rely on measurable claims aligned with recognised global standards.

Its clients include the US Military of Defence, the Ministry of Justice, the Welsh Rugby Union and the Erisha Smart Manufacturing Hub in the United Arab Emirates.

In a LinkedIn statement the company said: “We are delighted to announce that Vaughan Gething, former First Minister of Wales, has joined the N3XUS board as a non-executive director. Vaughan brings extensive experience in leadership, economic development, workforce transformation and public-private collaboration. His insight and strategic guidance will be invaluable as N3XUS continues its growth across the UK, US, UAE and international markets.

Advertisement

“This appointment represents another important step in strengthening our Board and accelerating our mission to deliver measurable economic, social and environmental impact through innovation, technology and sustainability.

“We look forward to working with Vaughan as we continue to expand the reach and impact of N3XUS.”

Mr Gething succeeded Mark Drakeford as First Minister in April 2024 but only held the role at the helm of then Labour Government for four months. He quit after increasing calls for his resignation from some Labour colleagues over the level of financial support – while within the rules – he received from businessman David Neal towards his successful leadership campaign against rival Jeremy Miles.

Mr Neal had been the subject to a number of suspended sentences relating to environmental discharge breaches brought by Natural Resources Wales involving subsidiary companies in his Dauson Environmental Group.

Advertisement
Continue Reading

Business

10 Key Facts About AJ Dybantsa, the Top Prospect Poised for NBA Stardom

Published

on

10 Key Facts About AJ Dybantsa, the Top Prospect Poised

NEW YORK — AJ Dybantsa has emerged as one of the most anticipated young talents in basketball, captivating fans and scouts with his scoring prowess and athleticism during a standout freshman season at Brigham Young University.

The 6-foot-9 forward from Brockton, Massachusetts, declared for the 2026 NBA Draft after leading the nation in scoring and earning consensus first-team All-American honors. Projected as a potential No. 1 overall pick, Dybantsa blends size, skill, and basketball IQ in a package reminiscent of modern NBA wings.

Here are 10 essential things to know about the rising star as he prepares for the next chapter of his career.

Advertisement

1. Explosive Freshman Campaign at BYU

Dybantsa averaged 25.5 points, 6.8 rebounds, and 3.7 assists per game in 35 starts for the Cougars during the 2025-26 season. He shot 51 percent from the field and became the fifth Division I player in the last 40 seasons to score 25 or more points per game as a freshman. His 894 points ranked third all-time among Division I freshmen.

The performance earned him numerous accolades, including the Julius Erving Small Forward of the Year Award and multiple national player of the week honors. Dybantsa set numerous BYU freshman records, including a 43-point outburst against Utah.

2. Elite Physical Tools

Advertisement

At the 2026 NBA Draft Combine, Dybantsa measured 6 feet 8.5 inches tall with a 7-foot-0.5-inch wingspan and an 8-foot-10 standing reach. Weighing 217 pounds, he possesses the length and athleticism prized in today’s perimeter-oriented game. His frame allows him to finish through contact while maintaining guard-like skills.

Scouts highlight his ability to create shots off the dribble and his defensive versatility. The combination of size and fluidity positions him as a potential two-way impact player at the professional level.

3. Historic Triple-Double Achievement

Dybantsa recorded a 30-point, 10-rebound, 10-assist triple-double, becoming one of just two players in Big 12 Conference history to achieve the feat. The performance underscored his all-around game and ability to dominate in multiple statistical categories.

Advertisement

His playmaking vision and passing accuracy complement his scoring instincts, making him a threat to impact games in various ways. This versatility has drawn comparisons to high-level NBA wings who can create for themselves and teammates.

4. International Experience and Accolades

Dybantsa boasts an impressive USA Basketball résumé. He earned MVP honors at the 2025 FIBA U19 World Cup and contributed to multiple gold medal-winning teams. His international success demonstrated composure under pressure and the ability to perform against global competition.

He was the youngest participant at the 2024 Nike Hoop Summit and stood out in several showcase events. These experiences helped refine his game and build confidence heading into college and the professional ranks.

Advertisement

5. High School Dominance

Before arriving at BYU, Dybantsa was the consensus No. 1 recruit in the 2025 high school class. He played at Utah Prep, where his scoring and athletic displays made him a national prospect. His recruitment drew significant attention from top programs before he committed to the Cougars.

Dybantsa’s high school career featured numerous highlight-reel dunks and scoring outbursts that foreshadowed his college success. His development trajectory has been closely followed by NBA talent evaluators.

6. Family Background and Roots

Advertisement

The son of Chelsea and Ace Dybantsa, AJ comes from a supportive family with Jamaican heritage. His parents have been instrumental in his basketball journey, providing guidance and encouragement throughout his rise. Family involvement remains central to his personal and professional story.

Dybantsa has maintained strong community ties, participating in youth programs and giving back in his hometown area. His grounded personality and work ethic have impressed those around him at every level.

7. NBA Draft Projections

Dybantsa is widely expected to be selected among the top picks in the 2026 NBA Draft. Mock drafts frequently place him in the top three, with some teams viewing him as a potential No. 1 overall choice. His combination of scoring ability and physical tools makes him an attractive prospect for rebuilding franchises.

Advertisement

Analysts praise his shot creation and potential to develop into a high-level scorer. Teams seeking perimeter talent with size see significant upside in his game. Dybantsa has expressed excitement about joining a competitive environment.

8. Record-Setting Freshman Milestones

Beyond leading the nation in scoring, Dybantsa achieved several program and conference milestones. His freshman records at BYU highlight the immediate impact he made. The 2025-26 season positioned him among the most productive first-year players in recent college basketball history.

Awards included consensus first-team All-American recognition and Big 12 Freshman of the Year honors. These accomplishments validated his status as one of the premier young talents in the sport.

Advertisement

9. Work Ethic and Maturity

Observers consistently note Dybantsa’s professional approach and dedication to improvement. Despite his youth, he has demonstrated maturity beyond his years in handling media attention and competitive pressure. His commitment to daily development has been a hallmark of his progression.

Coaches and teammates have praised his leadership qualities and positive influence in the locker room. These intangibles could accelerate his transition to the NBA level.

10. Bright Future Ahead

Advertisement

As Dybantsa prepares for the NBA, expectations remain high. His freshman dominance and physical gifts suggest a high ceiling. The upcoming draft represents the next step in what many believe will be a long and successful professional career.

With teams prioritizing versatile wings, Dybantsa enters the league at an opportune time. His journey from high school phenom to college standout to NBA prospect exemplifies dedication and talent. Fans and analysts alike will watch closely as he begins his professional chapter.

Dybantsa’s story continues to inspire young athletes. His rapid rise underscores the rewards of hard work and opportunity in basketball. As one of the most talked-about prospects in recent years, he carries significant expectations but has shown the ability to perform under the spotlight.

Advertisement
Continue Reading

Trending

Copyright © 2025