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Bitcoin Just Flashed a $5 Million Warning--Here's What Traders Are Betting on Next

Bitcoin Just Flashed a $5 Million Warning--Here's What Traders Are Betting on Next

Yahoo4 days ago
Bitcoin (BTC-USD) lost momentum on Friday, dropping to $114,762its lowest since July 11as investor appetite for risk assets softened. The pullback followed stronger-than-expected U.S. jobs data, which dented hopes for near-term Fed rate cuts. After hitting a record high of $123,205 earlier this month, fueled by optimism around U.S. regulation and institutional inflows, Bitcoin's rally has taken a breather. Ether traded flat, and XRP slipped roughly 3% in early New York hours. Rachael Lucas, crypto analyst at BTC Markets, noted that while the broader uptrend could still be intact, momentum has cooled and traders are cautious.
Warning! GuruFocus has detected 7 Warning Signs with TSN.
Some market watchers see the retreat as part of a broader consolidation phase rather than a breakdown. According to FxPro's Alex Kuptsikevich, the correction is healthy and necessary after recent highs. Even if the total crypto market cap falls back to $3.4 trilliondown from the $4 trillion peakit would still likely be viewed as profit-taking, not panic selling. That level remains a key threshold to watch for longer-term trend direction. The jobs data also ended a seven-day Asian equities rally, underscoring just how sensitive risk assets have become to shifting macro signals.
Meanwhile, the derivatives market is flashing signs of rising caution. Prime broker FalconX reported a $5 million put option trade on Deribit, betting on Bitcoin falling to $110,000 by August 8. It's a notable hedge that reflects growing two-way risk. We expect to see further consolidation while Bitcoin remains below monthly trendline resistance, currently at around $125,000, said Tony Sycamore of IG Australia. That same level capped Bitcoin's last breakout attemptadding to the technical ceiling traders are watching as the next test of market conviction.
This article first appeared on GuruFocus.
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SergeFerrari Group: Revenue of €178.7 Million in the First Half of 2025
SergeFerrari Group: Revenue of €178.7 Million in the First Half of 2025

Yahoo

timea few seconds ago

  • Yahoo

SergeFerrari Group: Revenue of €178.7 Million in the First Half of 2025

Continued sales momentum in the 2nd quarter of 2025 Growth exceeds 10% in the first six months of 2025 SAINT-JEAN-DE-SOUDAIN, France, July 29, 2025--(BUSINESS WIRE)--Regulatory News: SergeFerrari Group (FR0011950682 – SEFER), SergeFerrari Group (FR0011950682 - SEFER), a leading global supplier of innovative flexible composite materials, listed on Euronext Paris – Compartment C, today announced its revenues for the first half of 2025. Breakdown of sales by geographic area (unaudited) (€ thousands) 2ndquarter2025 2ndquarter2024 Ch. atcurrentscope andexchangesrates Ch. atconstantscope andexchangesrates H1 2025 H1 2024 Ch. atcurrentscope andexchangesrates Ch. atconstantscope andexchangesrates Europe 69,068 66,730 +3.5% +3.2% 128,589 120,519 +6.7% +6.5% Americas 14,979 8,325 +79.9% +86.4% 23,399 16,003 +46.2% +48.7% Asia – Africa – Pacific 15,512 13,387 +15.9% +16.0% 26,743 25,382 +5.4% +5.4% Total revenues 99,558 88,442 +12.6% +13.0% 178,731 161,904 +10.4% +10.5% Sébastien Baril, SergeFerrari Group's chairman of the Executive Board, stated: "Signs of improvement in our historic markets are gradually materializing. Serge Ferrari recorded an increase in revenues of over 10% in the first half of the year. This performance encourages us to continue our efforts to increase our operating leverage, our customer service and the flexibility of our cost structure in an environment where adaptability and responsiveness remain key." Q2 2025 activity The Group reported revenue of €99.6 million in the 2nd quarter of 2025, up 12.6% on a current scope and exchange rate basis, and up 13.0% on a constant scope and exchange rate basis compared with the same period last year. This change is due to: A currency effect of -0.4 %; A volume effect of -3.0%, due mainly to a fall in volumes of modular structures, for which the end markets are declining; A favorable price-mix effect of +16.0%, driven by a confirmed recovery in activities that have traditionally been profitable for the Group, such as Solar Protection and the new Solutions business lines, as well as the impact of price increases introduced to mitigate the negative effect of high inflation on certain raw materials. H1 2025 activity The Group posted sales of €178.7 million in the first half of 2025, up by more than 10% on both current and constant scopes and exchange rates. Half-year sales trends by geographical region are as follows: Europe posted solid revenue growth of 6.7% on a current scope and exchange rate basis and 6.5% on a constant scope and exchange rate basis, with sales of almost €129 million over the period, thanks to historic markets that remain well oriented. After a difficult 2024 exercise in North American markets, sales in the Americas rebounded strongly in the first half. Growth accelerated sharply between the 1st and 2nd quarters, taking half-year sales up to €23.4 million, representing growth at constant scope and exchanges rates of +49%. Sales in the Asia-Africa-Pacific region were up 5.4% on H1 2024, both on a current and constant scope and exchange rates basis, due to good momentum in the various markets. Outlook Based on a seasonal history between the first (driven by solar protection activity and tense architecture) and the second half of the fiscal year, the group will focus (despite an uncertain context, particularly on the geopolitical level) on maintaining its trajectory initiated with Transform 2025 that aims at increasing its adaptability and profitability. Financier calendar Publication of first half 2025 results on September 10, 2025, after market close. ABOUT SERGEFERRARI GROUP The Serge Ferrari Group is a leading global supplier of composite materials for Tensile Architecture, Modular Structures, Solar Protection and Furniture/Marine, in a global market estimated by the Company at around €6 billion. The unique characteristics of these products enable applications that meet the major technical and societal challenges: energy-efficient buildings, energy management, performance and durability of materials, concern for comfort and safety together, opening up of interior living spaces etc. Its main competitive advantage is based on the implementation of differentiating proprietary technologies and know-how. The Group has manufacturing facilities in France, Switzerland, Germany, Italy and Asia. Serge Ferrari operates in 80 countries via subsidiaries, sales offices and a worldwide network of over 100 independent distributors. At the end of 2024, SergeFerrari Group posted consolidated revenues of €323.6 million, more than 80% of which was generated outside France. SergeFerrari Group is listed on Euronext Paris – Compartment C (ISIN code: FR0011950682). SergeFerrari Group shares are eligible for the PEA-PME and FCPI investment schemes. View source version on Contacts Valentin Chefson Head of Relations Investisseursinvestor@ NewCap Investor Relations – Financial Communication Théo MartinTel. : 01 44 71 94 94sferrari@

Impact Silver Intersects 18.03% ZnEq over 2.60m Including 23.70% ZnEq over 0.73m at the Plomosas Mine
Impact Silver Intersects 18.03% ZnEq over 2.60m Including 23.70% ZnEq over 0.73m at the Plomosas Mine

Yahoo

timea few seconds ago

  • Yahoo

Impact Silver Intersects 18.03% ZnEq over 2.60m Including 23.70% ZnEq over 0.73m at the Plomosas Mine

Vancouver, British Columbia--(Newsfile Corp. - July 29, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce results from its initial underground drill program in the Santo Domingo Zone at its Plomosas zinc (lead-silver) Mine in northern Mexico. SANTO DOMINGO ZONE DRILLING First IMPACT drill intersections from the Santo Domingo Zone of the Plomosas Mine are as follows: TABLE 1: SANTO DOMINGO ZONE DRILL RESULTS Hole No. From (metres) To (metres) Interval (metres) Estimated True Width (metres) Zinc (%) Lead (%) Silver (g/t) ZnEq* (%) UGSD-2501 59.50 63.00 3.50 3.32 6.35 1.56 8.06 7.64 Including 61.50 63.00 1.50 1.42 12.50 2.56 14.80 14.66 UGSD-2502 70.41 82.50 12.09 10.68 4.13 2.32 10.02 5.97 Including 71.91 76.50 4.59 4.06 8.37 3.59 16.36 11.25 Including 71.91 72.53 0.62 0.55 23.30 15.00 54.10 34.78 Including 74.45 75.00 0.55 0.49 15.40 7.45 29.10 21.19 UGSD-2504 47.06 48.18 1.12 0.89 9.03 21.20 30.10 23.56 UGSD-2505 74.40 77.82 3.42 2.60 11.08 9.24 30.00 18.03 Including 76.86 77.82 0.96 0.73 12.50 15.55 37.00 23.70 *Zinc Equivalent (ZnEq) is calculated using recent metal prices of US$1.21/lb Zn, US$0.88/lb Pb and US$38.07/oz Ag, and metal recoveries of 88.9% Zn, 77.3% Pb, and 71.3% Ag based on recent Plomosas production mill recoveries. Metal equivalence values allow for easier comparison of mineral zones with multiple metals reporting. True width estimates are interpreted from current geological models. These Santo Domingo drill holes are located north of IMPACT's active mine workings in the Plomosas Mine (see Figures 2&3). All these Santo Domingo drill intersections lie outside the JORC mineral resource blocks published by the previous operator (see IMPACT news release dated April 3, 2023 for details). Santo Domingo Zone mineralization remains open for exploration and drilling is continuing. CEO STATEMENT President and CEO Frederick Davidson commented, "Finding high-grade mineralization on this extension of the Santo Domingo Zone beyond the mine workings, adds yet more upside to the Plomosas Mine. Before this drilling, this area had not figured into our mining plans but with the zone located close to our active mine workings at Plomosas, it represents another area where we can quickly add high-grade production. Drilling is continuing with the aim to define additional resources on multiple zones at Plomosas." PLOMOSAS MINE GEOLOGY AND MINERALIZATION The Plomosas mine, a historic high-grade zinc producer in northern Mexico (Figure 1), was acquired in 2023 by the Company. Recent drill programs have been undertaken on extensions of active mine areas in the Tres Amigos area and nearby in the Juarez and Santo Domingo areas, where drilling continues (see Figure 2). Mineralization at the Plomosas mine occurs as zinc-rich Carbonate Replacement zones in three bedrock units - the Mina Vieja marble (Tres Amigos Zone), the Juarez limestone (Juarez Zone) and in carbonate layers within the Cuesta Shale (Santo Domingo Zone) - where structural ground preparation along these units accommodated concentrations of zinc, lead, and silver (see Figure 3). ABOUT IMPACT SILVER IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico. Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project in central Mexico where four producing underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI 43-101 inferred mineral resource of over 4.5 million oz silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016, for details and QP statement). Company engineers are reviewing Capire for a potential restart of operations to leverage improving commodity prices. Over the past 18 years, IMPACT has developed multiple exploration zones into commercial production and has produced over 13 million ounces of silver, generating revenue of more than $284 million, with no long-term debt. Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. In late 2023, the Company restarted mining operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional along the 6 km-long structure. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material at surface. Regionally, Plomosas lies in the same belt as some of the largest carbonate replacement deposits in the world. Quality Control/Quality Assurance Drill core was NTW size (5.71 cm diameter). Half core samples were collected with a rock saw and tagged for identification. All samples were securely stored at the Plomosas Mine until shipment. A total of 5% certified assay standards and 5% blanks were inserted into every sample shipment as a quality control measure. All samples were shipped to the ALS preparation laboratory in Chihuahua, Mexico, where they were fine crushed (70% passing a 2 mm screen), pulverized (85% passing a 75 micron screen) and pulp split separated for assay. These pulps were shipped to the ALS laboratory in North Vancouver, Canada, where a 10 gram split was aqua regia digested and then analyzed for 36 elements including zinc, lead and silver by ICP-AES spectrometry (ALS code ME-ICP41). Assays for base metals >1% used an overlimit ICP-AES method (ALS code OG46). ALS is an independent, international ISO/IEC 17025 accredited laboratory. Qualified Person and NI 43-101 Disclosure Silvia Kohler, P. Geo., a Senior Geologist employed by IMPACT Silver Corp. and a "Qualified Person" within the meaning of NI-43101, has approved the technical information contained in this news release. Additional information about IMPACT and its operations can be found on the Company website at Follow us on X (formerly Twitter) @IMPACT_Silver and LinkedIn at On behalf of IMPACT Silver Corp. "Frederick W. Davidson"President & CEO For more information, please contact: Jerry HuangCFO | Investor Relations O: (604) 681 0172 or inquiries@ (778) 867 7909 Direct Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking and Cautionary Statements This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements regarding interpretation of drill results, activity at the projects and estimated timing thereof, the potential for defining and extending the known mineralization, exploration potential on the properties, and plans for drilling and future operations at the Company's projects or plans for financing. Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitation, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, extreme weather events, criminal activity, metal prices, political and economic factors, community relations, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, pandemics and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement or beliefs, opinions, projections or other factors, except as required by law. The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's geologists and engineers. The results of this work are evident in the discovery and building of multiple mines for the Company at Zacualpan and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101, the Company is required to disclose that it has not based its production decisions on NI 43-101 mineral resources or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure. 303-543 Granville Street Vancouver, BC, Canada V6C 1X8 Telephone (604) (Twitter)LinkedIn Figure 1: Location map of Plomosas Mine and nearby mines and infrastructure. References to nearby projects are for information purposes only and there are no assurances that Plomosas will achieve similar results. To view an enhanced version of this graphic, please visit: Figure 2: Plan map of the Plomosas Mine workings. To view an enhanced version of this graphic, please visit: Figure 3: Schematic cross section of the Santo Domingo Zone geology and mineralization showing new drill intersections. To view an enhanced version of this graphic, please visit: To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Trump's deportations could boost demand for foreign farmworkers
Trump's deportations could boost demand for foreign farmworkers

Fast Company

time2 minutes ago

  • Fast Company

Trump's deportations could boost demand for foreign farmworkers

The U.S. has an important choice to make regarding agriculture. It can import more people to pick crops and do other kinds of agricultural labor, it can raise wages enough to lure more U.S. citizens and immigrants with legal status to take these jobs, or it can import more food. All three options contradict key Trump administration priorities: reducing immigration, keeping prices low and importing fewer goods and services. The big tax-and-spending bill President Donald Trump signed into law on July 4, 2025, included US$170 billion to fund the detention and deportation of those living in the U.S. without authorization. And about 1 million of them work in agriculture, accounting for more than 40% of all farmworkers. As the detention and deportation of undocumented immigrants ramps up, one emerging solution is to replace at least some deported farmworkers with foreigners who are given special visas that allow them to help with the harvest but require them to go home after their visas expire. Such 'guest worker' programs have existed for decades, leading to today's H-2A visa program. As of 2023, more than 310,000 foreigners, around 13% of the nation's 2.4 million farmworkers, were employed through this program. About 90% of the foreign workers with these visas come from Mexico, and nearly all are men. The states where the largest numbers of them go are California, Florida, Georgia and Washington. As a professor of Latin American politics and U.S.-Latin American relations, I teach my students to consider the difficult trade-offs that governments face. If the Trump administration removes a significant share of the immigrants living in the U.S. without legal permission from the agricultural labor force to try to meet its deportation goals, farm owners will have few options. Few options available First, farm owners could raise wages and improve working conditions enough to attract U.S. citizens and immigrants who are legal permanent residents or otherwise in the U.S. with legal status. But many agricultural employers say they can't find enough people to hire who can legally work – at least without higher wages and much-improved job requirements. Without any undocumented immigrant farmworkers, the prices of U.S.-sourced crops and other agricultural products would spike, creating an incentive for more food to be imported. Second, farm owners could employ fewer people. That would require either growing different crops that require less labor or becoming more reliant on machinery to plant and harvest. But that would mean the U.S. could have to import more food. And automation for some crops is very expensive. For others, such as for berries, it's currently impossible. It's also possible that some farm owners could put their land to other uses, ceasing production, but that would also necessitate more imported food. Trump administration's suggested fixes U.S. Agriculture Secretary Brooke Rollins has predicted that farm owners will soon find plenty of U.S. citizens to employ. She declared on July 8 that the new Medicaid work requirements included in the same legislative package as the immigration enforcement funds would encourage huge numbers of U.S. citizens to start working in the fields instead of losing their health insurance through that government program. For one thing, most adults enrolled in the Medicaid program who can work already do. Many others are unable to do so due to disabilities or caregiving obligations. Few people enrolled in Medicaid live close enough to a farm to work at one, and even those who do aren't capable of doing farmwork. When farm owners tried putting people enrolled in a welfare program to work in the fields in the 1990s, it failed. Another experiment in the 1960s, which deployed teenagers, didn't pan out either because the teens found the work too hard. It seems more likely that farm owners will try to hire many more foreign farmworkers to do temporary but legal jobs through the H-2A program. Although he has not made it an official policy, Trump seems to be moving toward this same conclusion. In June, for example, Trump said his administration was working on ' some kind of a temporary pass ' for immigrants lacking authorization to be in the U.S. who are working on farms and in hotels. Established in 1952, numbers now rising quickly The guest worker system, established in 1952 and revised significantly in 1986, has become a mainstay of U.S. agriculture because it offers important benefits to both the farm owners who need workers and the foreign workers they hire. There is no cap on the number of potential workers. The number of H-2A visas issued is based only on how many employers request them. Farm owners may apply for visas after verifying that they are unable to locate enough workers who are U.S. citizens or present in the U.S. with authorization. To protect U.S. workers, the government mandates that H-2A workers earn an ' adverse effect wage rate.' The Labor Department sets that hourly wage, which ranges from $10.36 in Puerto Rico to about $15 in several southern states, to more than $20 in California, Alaska and Hawaii. These wages are set at relatively high levels to avoid putting downward pressure on what other U.S. workers are paid for the same jobs. After certification, farm owners recruit workers in a foreign country who are offered a contract that includes transportation from their home country and a trip back – assuming they complete the contract. The program provides farm owners with a short-term labor force. It guarantees the foreign workers who obtain H-2A visas relatively high wages, as well as housing in the U.S. That combination has proven increasingly popular in recent years: The annual number of H-2A visas rose to 310,700 in 2023, a more than fivefold increase since 2010. Possible downsides Boosting the number of agricultural guest workers would help fill some gaps in the agricultural labor force and reduce the risk of crops going unharvested. But it seems clear to me that a sudden change would pose risks for workers and farm owners alike. Workers would be at risk because oversight of the H-2A program has historically been weak. Despite that lax track record, some unscrupulous farmers have been fined or barred from participating in the H-2A program because of unpaid wages and other abuses. Relying even more on guest farmworkers than the U.S. does today would also swap workers who have built lives and families north of the border with people who are in the U.S. on a temporary basis. Immigration opponents are unlikely to object to this trade-off, but to immigrant rights groups, this arrangement would be cruel and unfair to workers with years of service behind them. What's more, the workers with guest visas can be at risk of exploitation and abuse. In 2022, the U.S. attorney for the Southern District of Georgia described conditions for H-2A workers at an onion farm the government had investigated as ' modern-day slavery.' For farm owners, the downside of ramping up guest worker programs is that it could increase costs and make production less efficient and more costly. That's because transporting Mexican farmworkers back and forth each year is complicated and expensive. Farm groups say that compliance with H-2A visa requirements is cumbersome. It can be particularly difficult for small farms to participate in this program. Some farm owners have objected to the costs of employing H-2A workers. Rollins has said that the Trump administration believes that the mandatory wages are too high. To be sure, these problems aren't limited to agriculture. Hotels, restaurants and other hospitality businesses, which rely heavily on undocumented workers, can also temporarily employ some foreigners through the H-2B visa program – which is smaller than the H-2A program, limits the number of visas issued and is available only for jobs considered seasonal. Home health care providers and many other kinds of employers who rely on people who can't legally work for them could also struggle. But so far, there is no temporary visa program available to help them fill those gaps.

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