Hertz Global has partnered with Amazon Autos to sell used vehicles through Amazon's automotive retail platform, causing shares to jump over 5%. Antimony prices have surged over 800% this year due to supply shocks, rising demand, and geopolitical tensions. Guess? will go private in a deal with Authentic Brands worth $1.4 billion. Sonoro Gold Corp is raising $525,000 through a private placement, while Graphene Manufacturing Group is raising $5 million through a bought deal.
Hertz Global Holdings Inc. (Hertz) has entered a strategic partnership with Amazon Autos to sell used vehicles through Amazon's automotive retail platform. This collaboration has led to a significant 5% increase in Hertz's stock price, reflecting investor optimism about the company's ability to leverage Amazon's extensive customer base to boost sales and revenue [1].
Meanwhile, the global market for antimony has experienced a dramatic surge in prices, up by over 800% this year. This remarkable increase can be attributed to supply shocks, rising demand, and geopolitical tensions, particularly the Russia-Ukraine conflict. United States Antimony (NYSEMKT:UAMY), the only domestic producer and processor of antimony products, reported a record GAAP revenue of $10.53 million in Q2 2025, an 188% increase over Q2 2024. Despite the strong top-line performance, the company's net income declined to $0.18 million due to higher operating expenses and inventory investment [2].
In other corporate news, Guess? Inc. has agreed to go private in a deal with Authentic Brands Group worth $1.4 billion. Sonoro Gold Corp has announced plans to raise $525,000 through a private placement, while Graphene Manufacturing Group is aiming to secure $5 million through a bought deal. These transactions highlight the ongoing interest in private equity and strategic acquisitions in the corporate sector.
References:
[1] https://www.mitrade.com/insights/news/live-news/article-8-1044145-20250815
[2] https://www.ainvest.com/news/nasdaq-drops-1-4-russia-ukraine-tensions-intel-stock-surges-6-government-stake-softbank-investment-2508/
Comments
No comments yet