Confrontation in the high north is not inevitable, argues Kieran Mulvaney
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Hopes for survivors wane as landslides, flooding bury Pakistan villages
Thousands of Pakistani rescuers battled rain and knee-deep mud Sunday, digging homes out from under massive boulders in a desperate search for survivors after flash floods killed at least 344 people in the country's mountainous north. Most of the deaths were reported in Khyber Pakhtunkhwa province, where monsoon rains that are only expected to intensify in the days ahead drove flooding and landslides that collapsed houses. In hardest-hit Bunar district, at least 208 people were killed and "10 to 12 entire villages" partially buried, a provincial rescue spokesman told AFP. "The operation to rescue people trapped under debris is ongoing," said Bilal Ahmed Faizi of Khyber Pakhtunkhwa's rescue agency. "There is still concern that dozens of people may be trapped under the rubble… the chances of those buried under the debris surviving are very slim". He said that around 2,000 rescue workers were engaged in recovering bodies from the debris and carrying out relief operations across nine districts, where rain was still hampering efforts. AFP journalists in Buner saw half-buried vehicles and belongings lying strewn in the sludge, with mud covering houses and shops. Flooded roads hampered the movement of rescue vehicles, as a few villagers worked to cut fallen trees to clear the way after the water receded. "Our belongings are scattered, ruined and are in bad shape," local shopkeeper Noor Muhammad told AFP as he used a shovel to remove mud. "The shops have been destroyed along with everything else. Even the little money people had has been washed away," he added. The provincial government has declared the severely affected mountainous districts of Buner, Bajaur, Swat, Shangla, Mansehra and Battagram as disaster-hit areas. "This disaster has spread everywhere and surrounded us from all sides. We were trapped in our homes and could not get out, another Buner resident, Syed Wahab Bacha, told AFP. "Our entire poor community has been affected. The shops in the lower bazaar have been destroyed. This road was our only path, and it too has been washed away," he added. - Mass funerals - On Saturday, hundreds of locals gathered for mass funerals, where bodies wrapped in blood-stained white shawls were laid out on the village ground. Fallen trees and straw debris were scattered across nearby fields, while residents shoveled mud brought in by the floods out of their homes. Pakistan's meteorological department has forecast that "torrential rains" with monsoon activity were "likely to intensify" from Sunday onwards. The department warned of more flash floods and landslides in the country's northwest and urged people to avoid exposure to vulnerable areas. The monsoon season brings South Asia about three-quarters of its annual rainfall, vital for agriculture and food security, but also brings destruction. Landslides and flash floods are common during the season, which usually begins in June and eases by the end of September. The national disaster agency's Syed Muhammad Tayyab Shah told AFP that this year's monsoon season began earlier than usual and was expected to end later. The torrential rains that have pounded Pakistan since the start of the summer monsoon, described as "unusual" by authorities, have killed at least 650 people, with more than 910 injured. Pakistan is one of the world's most vulnerable countries to the effects of climate change and is contending with extreme weather events with increasing frequency. Monsoon floods in 2022 submerged a third of the country and killed around 1,700 people. Another villager in Buner told AFP on Saturday that residents had spent the night searching through the rubble of their former homes. "The entire area is reeling from profound trauma," said 32-year-old schoolteacher Saifullah Khan. "I helped retrieve the bodies of the children I taught. I keep wondering what kind of trial nature has imposed on these kids," he said. la-zz/cwl
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Earnings Beat and Acquisitions Strengthen Rocket Companies Progress
Rocket Companies, Inc. (NYSE:RKT) is one of the 11 Best Short Squeeze Stocks to Buy Now. The company surpassed Q2 expectations and has bolstered expectations for its Redfin acquisition and pending COOP transaction. A businessperson using a laptop to review the details of a mortgage loan for a client. Rocket Companies, Inc. (NYSE:RKT) is a leading fintech platform delivering mortgage lending, real estate brokerage, personal finance, and homeownership solutions. The Michigan-based company's ecosystem includes Rocket Mortgage, Rocket Homes, Rocket Close, and Rocket Money. Its business model involves leveraging AI to streamline the homebuying and financial management experience. On July 31, 2025, the company reported achieving an EPS of $0.04 that surpassed the analysts' expectations of $0.03 in its Q2 earnings results. Additionally, Rocket Companies, Inc. (NYSE:RKT)'s revenue reached $1.36 billion, exceeding the projected $1.28 billion, further garnering positive attention from investors. In addition to this, Rocket Companies, Inc. (NYSE:RKT) is anticipated to close the COOP transaction in the fourth quarter of 2025, thus eliminating elevated transaction-related expenses that negatively impacted the company's second-half 2025 earnings. Also, the acquisition of Redfin, completed on July 1, 2025, brought a positive outlook to the company as the combination of the most-visited real estate brokerage website and the U.S.'s largest mortgage lender is expected to improve efficacy. With a short float of 58.38%, Rocket Companies, Inc. (NYSE:RKT) potentially has extreme short interest. However, the stock attracts investor interest as it is subject to a dramatic squeeze in positive momentum. While we acknowledge the potential of RKT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best REIT Stocks to Buy Right Now and 10 Stocks with Huge Catalysts on the Horizon Disclosure. None. 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
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INDUS Holding Second Quarter 2025 Earnings: EPS: €0.50 (vs €0.83 in 2Q 2024)
INDUS Holding (ETR:INH) Second Quarter 2025 Results Key Financial Results Revenue: €438.2m (up 2.0% from 2Q 2024). Net income: €12.3m (down 43% from 2Q 2024). Profit margin: 2.8% (down from 5.0% in 2Q 2024). The decrease in margin was driven by higher expenses. EPS: €0.50 (down from €0.83 in 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period INDUS Holding Earnings Insights Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Industrials industry in Europe. Performance of the market in Germany. The company's shares are down 5.3% from a week ago. Risk Analysis Before we wrap up, we've discovered 2 warning signs for INDUS Holding (1 is potentially serious!) that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. 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
