OPEC+ Moves Meeting to Saturday as Group Weighs Another Hike
Saudi Arabia and its partners have been discussing another output hike of 411,000 barrels a day for August as their base-case scenario as they seek to recoup lost market share. The video-conference was moved one day earlier because of scheduling issues, said the officials, who asked not to be identified since the change isn't yet public.
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Associated Press
31 minutes ago
- Associated Press
UK foreign secretary visits Syria after easing sanctions
DAMASCUS, Syria (AP) — British Foreign Secretary David Lammy met in Damascus on Saturday with Syria's interim President Ahmad al-Sharaa to discuss boosting cooperation, after the U.K. began lifting sanctions against Syria. Syria has been improving relations with Western countries following the fall of President Bashar Assad in December in an offensive led by al-Sharaa's Hayat Tahrir al-Sham Islamist group. Al-Sharaa's office said Lammy and the president discussed mutual relations and ways of boosting cooperation and the latest regional and international developments. Lammy later met his Syrian counterpart, Asaad al-Shibani, state media reported. In April, the British government lifted sanctions against a dozen Syrian entities, including government departments and media outlets, to help the country rebuild after Assad's ouster. Weeks earlier the U.K. had dropped sanctions against two dozen Syrian businesses, mostly banks and oil companies. Earlier this week, U.S. President Donald Trump signed an executive order ending many American economic sanctions on Syria, following through on a promise he made to al-Sharaa. Syria's new leaders have been struggling to rebuild the country's decimated economy and infrastructure after nearly 14 years of civil war that has killed half a million people. In recent months, al-Sharaa visited oil-rich regional countries and France in May in his first visit to the Europe Union.
Yahoo
32 minutes ago
- Yahoo
UK foreign secretary visits Syria after easing sanctions
DAMASCUS, Syria (AP) — British Foreign Secretary David Lammy met in Damascus on Saturday with Syria's interim President Ahmad al-Sharaa to discuss boosting cooperation, after the U.K. began lifting sanctions against Syria. Syria has been improving relations with Western countries following the fall of President Bashar Assad in December in an offensive led by al-Sharaa's Hayat Tahrir al-Sham Islamist group. Al-Sharaa's office said Lammy and the president discussed mutual relations and ways of boosting cooperation and the latest regional and international developments. Lammy later met his Syrian counterpart, Asaad al-Shibani, state media reported. In April, the British government lifted sanctions against a dozen Syrian entities, including government departments and media outlets, to help the country rebuild after Assad's ouster. Weeks earlier the U.K. had dropped sanctions against two dozen Syrian businesses, mostly banks and oil companies. Earlier this week, U.S. President Donald Trump signed an executive order ending many American economic sanctions on Syria, following through on a promise he made to al-Sharaa. Syria's new leaders have been struggling to rebuild the country's decimated economy and infrastructure after nearly 14 years of civil war that has killed half a million people. In recent months, al-Sharaa visited oil-rich regional countries and France in May in his first visit to the Europe Union. The Associated Press Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
an hour ago
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Promising Penny Stocks To Watch In July 2025
The market has climbed by 2.1% over the past week and 14% over the last year, with earnings forecasted to grow by 15% annually. For investors willing to explore beyond well-known companies, penny stocks—often associated with smaller or newer firms—can present intriguing opportunities. Despite being considered a somewhat outdated term, these stocks remain relevant today as they can offer a mix of affordability and growth potential when supported by strong financials. Name Share Price Market Cap Financial Health Rating Waterdrop (WDH) $1.40 $506.33M ★★★★★★ CuriosityStream (CURI) $4.82 $277.76M ★★★★★★ WM Technology (MAPS) $0.92 $153.23M ★★★★★★ Talkspace (TALK) $2.77 $463.46M ★★★★★★ Tuniu (TOUR) $0.9326 $95.78M ★★★★★★ Sequans Communications (SQNS) $1.43 $36.49M ★★★★★★ Cardno (COLD.F) $0.1701 $6.64M ★★★★★★ BAB (BABB) $0.84976 $6.13M ★★★★★★ TETRA Technologies (TTI) $3.40 $452.45M ★★★★☆☆ Tandy Leather Factory (TLF) $3.15 $26.81M ★★★★★★ Click here to see the full list of 422 stocks from our US Penny Stocks screener. Let's review some notable picks from our screened stocks. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Viomi Technology Co., Ltd, with a market cap of $113.22 million, develops and sells IoT-enabled smart home products in the People's Republic of China through its subsidiaries. Operations: The company's revenue primarily comes from online retailers, amounting to CN¥2.12 billion. Market Cap: $113.22M Viomi Technology, with a market cap of US$113.22 million, is navigating the penny stock landscape by focusing on its core strength in IoT-enabled smart home products. The company recently became profitable and boasts high-quality earnings, although its past five-year earnings have declined significantly. Viomi's short-term assets comfortably cover both short- and long-term liabilities, indicating financial stability. Despite an increase in debt to equity ratio over five years, Viomi has more cash than total debt and earns more interest than it pays. Recent strategic shifts include a focus on AI-driven water purification technology following a business reorganization in 2024. Get an in-depth perspective on Viomi Technology's performance by reading our balance sheet health report here. Assess Viomi Technology's future earnings estimates with our detailed growth reports. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Chegg, Inc. offers personalized learning support to students for academic and skill development success both in the United States and internationally, with a market cap of approximately $0.15 billion. Operations: The company's revenue is primarily derived from its online retail segment, which generated $564.61 million. Market Cap: $153.46M Chegg, Inc., with a market cap of approximately US$0.15 billion, faces challenges typical of penny stocks, including high volatility and recent non-compliance with NYSE listing requirements due to low share prices. Despite being unprofitable and not expected to become profitable in the near term, Chegg has a sufficient cash runway exceeding three years owing to positive free cash flow. The company is innovating its product offerings with tools like Create and Solution Scout, aiming to enhance personalized learning experiences for students. However, it must address its negative return on equity and increasing net losses for sustainable growth. Navigate through the intricacies of Chegg with our comprehensive balance sheet health report here. Examine Chegg's earnings growth report to understand how analysts expect it to perform. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Liquidmetal Technologies, Inc. is a materials technology company that designs, develops, and sells custom products and parts made from bulk amorphous alloys to various industries globally, with a market cap of $111.36 million. Operations: The company's revenue is derived from developing and manufacturing products and applications using amorphous alloys, totaling $0.97 million. Market Cap: $111.36M Liquidmetal Technologies, Inc., with a market cap of US$111.36 million, operates as a pre-revenue entity in the materials technology sector, generating less than US$1 million in revenue. The company is debt-free and has no long-term liabilities, providing financial stability despite its unprofitable status. Liquidmetal's short-term assets significantly exceed its liabilities, ensuring liquidity. Recent executive changes include Professor Lugee Li managing operations for its Hong Kong subsidiary to expand Asian business opportunities. Despite high share price volatility and negative return on equity, the firm maintains a cash runway exceeding three years due to stable free cash flow growth. Jump into the full analysis health report here for a deeper understanding of Liquidmetal Technologies. Gain insights into Liquidmetal Technologies' historical outcomes by reviewing our past performance report. Discover the full array of 422 US Penny Stocks right here. Curious About Other Options? Outshine the giants: these 22 early-stage AI stocks could fund your retirement. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include VIOT CHGG and LQMT. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
