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IOL News
a day ago
- Entertainment
- IOL News
Ed Sheeran and Rupert Grint's 'A Little More': a musical reunion worth celebrating
Ed Sheeran has dropped a new single ahead of his upcoming album. Image: Supplied. Grammy Award-winning artist Ed Sheeran has released his brand-new single "A Little More" alongside its official video. The new song is a part of his upcoming album "Play", set to be released next month. Underpinned by the blues, "A Little More" holds sharp lyrics and carries a message of self-preservation and moral courage. Sheeran wrote the song alongside Blake Slatkin, Cirkut, Johnny McDaid and DAVE, whom he worked with on "Nothing On You'. This track is the follow-up to Sheeran's single "Sapphire", which he worked on with Indian singer Arijit Singh. The pair released a special version of the track last month, with Sheeran singing a chorus in Hindi and Punjabi and Arijit singing a verse in Hindi and Punjabi and a chorus in English. The result was a blissful cross-cultural fusion of languages and cultures, adorning the song's celebration of love. Meanwhile, the official video for "A Little More" features "Harry Potter" star Rupert Grint. Both Sheeran's and Grint's fanbases have been piecing the puzzle together over the last week following a series of social media clues, including Grint seemingly accessing and posting from Sheeran's social media accounts. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ Grint first teamed up with Sheeran in the video for "Lego House" in 2011, where he played the character of an obsessive Sheeran fan. This comedic visual features multiple outfit changes, with Sheeran playing most of the characters throughout, lifts off from where "Lego House" ended. "At the start of the video, we see Grint being released from prison. Desperately trying to remedy his unlawful past by living a 'normal' life. He keeps seeing Sheeran at his every turn, which begins to unnerve him," shared an official statement. "Shaking it off, he eventually meets his future wife (Nathalie Emmanuel), culminating with a traditional wedding. However, as Grint's character pans the church while standing at the altar, he's not only in for a shock when he sees a sea of wedding guests appear as Sheeran, but also when he lifts the veil of his 'bride'." Sheeran took to Instagram to thank everyone involved, especially his "brother from another mother". He wrote: "I hadn't worked with @rupertgrint in 14 years since Lego house, so didn't know if he'd say yes to this idea. But I'm so glad he did. It's such a fun, bonkers video. Longest video shoot I had ever done at that time, and deffo the most costume changes. "Shout out to @emilnava for always bringing my mad ideas to life. And @nathalieemmanuel too for being amazing. Rupert, my brother from another mother, thank you for throwing yourself into this, it wouldn't exist had you said no." Sheeran's new album, "Play" will be released on September 12. Watch the music video below.
Yahoo
16-07-2025
- Business
- Yahoo
DAVE Rallies 133% YTD: Is Acquiring the Stock Now Justified?
Dave Inc.'s DAVE shares have demonstrated remarkable growth in the year-to-date period. The stock has soared 132.9%, surpassing the industry's 9.8% growth and the Zacks S&P 500 composite's 6% rise. The stock has outpaced its industry peers, CoreCard CCRD and Qifu Technology QFIN. CoreCard and Qifu Technology have gained 24.1% and 10.5%, respectively, over the same period. YTD Price Performance Image Source: Zacks Investment Research DAVE has outperformed its industry peers in the past three months as well. Dave has skyrocketed 140.3%, exceeding CoreCard's and Qifu Technology's 38.9% and 47.6% growth, respectively. The stock's performance over the past three months and the year-to-date period is noteworthy, spiking investors' interest, prompting them to buy the shares for the long run. Let us assess DAVE's performance to conclude whether it deserves a place in investors' portfolios. Dave's ExtraCash: Guiding Through the Neobank Market The underbanked demography is often neglected by traditional banks, forcing them to find shade under neobanks. Hence, the rising needs of these non-prime/sub-prime consumers become a driving force in the neobank market, such that currently it is anticipated to expand, seeing a CAGR of 40.3% from 2025 to 2034. DAVE, one of the leading names in the neobank market, meets the rising demand of the underbanked through ExtraCash. This service addresses the challenges faced by the underbanked by offering interest-free cash advances up to $500. What appeals to consumers is that there are no traditional credit checks. Dave assesses bank account history and spending patterns to determine customers' creditworthiness, enabling the company to extend credit to sub-prime or non-prime consumers with limited credit history. The company simplified its optional fee model, wherein consumers will pay a 5% fee with a $5 minimum and a $15 cap. This brand-new fee structure enhances transparency around ExtraCash advances, strengthening the company's position among the underbanked. Since consumers can avail of ExtraCash via DAVE's mobile-first platform, we expect the rising popularity of mobile banking to provide an impetus to the company's gains. The risk profile of a consumer who uses ExtraCash may concern investors. To reduce the risks, DAVE has implemented CashAI, its proprietary underwriting engine. This technology has improved customer engagement, with ExtraCash originations increasing 46% year over year to $1.5 billion during the recent March quarter. A tell-tale sign of CashAI's success is the increase in the company's 28-day delinquency rate by 33 basis points year over year in the first quarter of 2025. DAVE: Discounted With Solid Financials Dave shares appear cheap, raising a green flag for investors. The stock is currently priced at 19.74X forward 12-month earnings per share, lower than the industry's average of 23.35X. Image Source: Zacks Investment Research The return on equity (ROE) and return on invested capital (ROIC) capture DAVE's impressive profitability position. Currently, the company's trailing 12-month ROE stands at 59.2% way above the industry average of 6.6%. In terms of ROIC, Dave's 26.7% looks promising when compared with the industry's -8.5%. Image Source: Zacks Investment Research Image Source: Zacks Investment Research Dave's striking liquidity position should reassure investors of the company's solid financial position. In the recent March quarter, the company's current ratio of 8.59 exceeded the industry average of 1.84, increasing 15% from the year-ago quarter on the back of higher ExtraCash receivables. A current ratio exceeding 1 suggests that the company can cover short-term obligations effectively. Image Source: Zacks Investment Research Dave's Top & Bottom-Line Outlook Appears Promising The Zacks Consensus Estimate for the company's 2025 revenues is $475.8 million, suggesting a 36.7% rise from the prior-year reported level. For 2026, revenues are estimated to increase 23.8% year over year. The consensus estimate for 2025 earnings per share is $8.76, hinting at a 67.2% surge from the year-ago reported level. The same is anticipated to rise 35.1% year over year in 2026. Verdict: Buy DAVE Now Dave appears to be a compelling investment opportunity for now. ExtraCash, which is the company's main product, is successful at catering to the growing needs of the underbanked in an expanding neobank market. The company has simplified its fee structure, strengthening its position. Dave's CashAI has shown promising results in reducing credit risk, steering away from the talks serving risky profiles. The company's optimistic top and bottom-line outlook reflects its strong fundamentals. With that, the stock possesses a discounted valuation, which captures investors' attention. A strong profitability and liquidity position should reassure investors about the company's robust financials. Taking all these factors into consideration, we recommend that investors buy the stock right now and expect a significant return in the long run. DAVE sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dave Inc. (DAVE) : Free Stock Analysis Report Qifu Technology, Inc. (QFIN) : Free Stock Analysis Report CoreCard Corporation (CCRD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Observer
14-07-2025
- Science
- Observer
Duqm-2 launch aborted due to technical glitch
DUQM: Etlaq Spaceport's highly anticipated experimental rocket launch mission 'Duqm-2' was aborted due to a technical issue on Sunday. According to the company, the team behind the launch vehicle, Stellar Kinetics 'encountered an issue with a COTS valve actuator used for various systems on the Kea-1 vehicle.' Consequently, the launch has been postponed until 'a replacement solution is developed,' it stated. In a statement, HH Sayyid Azzan bin Qais Al Said, CEO – Etlaq Spaceport, shared the following: 'Today's stand-down of the launch reflects the diligence and precision required in aerospace operations. We commend the teams, both local and international, for their disciplined decision-making in prioritizing safety and system integrity.' According to the CEO, despite the failure to launch, the mission achieved several operational milestones. 'We achieved many objectives of the Duqm-2 mission, including planning the mission, navigating regulatory processes, designing ground infrastructure, and building an integration hangar.' He added: 'Etlaq Spaceport continues to rapidly acquire knowledge to prove itself as a capable, reliable host, and this effort further strengthens our role in building sustainable, skill-based partnerships in the global launch ecosystem.' A spokesperson for Stellar Kinetics stated: 'It has been an exciting few months working closely with the Etlaq and NASCOM teams preparing for this mission. We proved out the majority of our objectives, demonstrating how fast we can move through this complex programme with our regional partners. The National Space Programme and Civil Aviation Authority provided support throughout, allowing agility and responsiveness in the regulatory environment that is immensely valuable for a fast-paced programme like the Duqm-2 mission.' The Duqm-2 mission is slated to carry two education-focused research payloads. The first is developed by the UK based Joint Universities Programme for In-Orbit Training, Education and Research (JUPITER), brought together students and researchers from the University of Surrey, the University of Portsmouth and the University of Southampton. The Jupiter payload included the Jovian-O 6U CubeSat, a prototype deployment system, and DAVE, (Dual Aperture for Viewing Earth), which is equipped with two small cameras - one to capture images and videos of Earth, and the other is a space-facing camera to monitor space debris. The second payload was developed by SIGHT Space, a Taiwanese student-led initiative from National Central University. Their PocketQube II satellite was designed to record real-time structural stress and environmental data (temperature, pressure, acceleration) during suborbital flight. Duqm-2 is part of a series of experimental launch initiative - the Genesis Programme - that aims to cultivate Oman's launch culture before the port's operation in 2027. The mission was scheduled as the second launch of the year, following the postponement of mission UNITY-1 earlier this year due to unfavourable weather conditions and technical issues.
Yahoo
01-07-2025
- Business
- Yahoo
DAVE INC (DAVE) Is a Great Choice for 'Trend' Investors, Here's Why
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive. Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness. (DAVE) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for "trend" investors. A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. DAVE is quite a good fit in this regard, gaining 252.2% over this period. However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 28.4% over the past four weeks ensures that the trend is still in place for the stock of this company. Moreover, DAVE is currently trading at 103.8% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout. Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance. So, the price trend in DAVE may not reverse anytime soon. In addition to DAVE, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria. This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market. However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies. Click here to sign up for a free trial to the Research Wizard today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dave Inc. (DAVE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
30-06-2025
- Business
- Yahoo
NU vs. DAVE: Which Fintech Stock Should Investors Back Right Now?
Both Nu Holdings NU and Dave DAVE are major players in the digital financial services sector. NU is a prominent digital bank serving more than 118 million customers across Brazil, Colombia and Mexico. DAVE is a U.S.-based financial services platform offering an array of financial products, including ExtraCash and Dave Banking. This comparative analysis helps investors develop their strategy to choose between these two stocks, allowing them to gain exposure in the fintech space. In conclusion, this analysis aims to make it easier for investors to decide which stock to support right now. NU is emerging as a formidable player within the fintech space. With 19% year-over-year growth in new customers in the first quarter of 2025 and nearly 100 million active users, the company is confident that it can scale rapidly without compromising its potential to generate revenues. Nu Holdings derives this growth momentum from its expansion in Brazil, where nearly 59% of the adult population is its customers. This ascent underscores the company's success in tapping into a previously underbanked population. From a financial perspective, NU's performance was exceptional in the quarter ending in March. First, the top line grew 40% year over year, with net income increasing 74% from the previous year. Monthly average revenues per active customer rose 5% from the previous quarter and 17% year over year on a FX-neutral basis, highlighting the company's strong potential for long-term monetization. Furthermore, the 15-90 NPL ratio increases by 60 basis points (bps), reflecting the continued strength of NU's underwriting and effective risk management strategy. There is no denying the fact that the company's astounding performance was further bolstered by NU's expansion in Mexico. Nubank Mexico witnessed a 67% year-over-year increase in the customer base to 11 million. That being said, the company obtained regulatory approval for its banking license in April, which unlocks product capabilities, boosts the ability to scale deposits and reinforces its long-term mission to drive financial inclusion. In doing so, we can expect NU to reap benefits exponentially not only from Brazil but also from Mexico, aiding its growth trajectory. We expect Nu Holdings to capture a greater market share as the Latin American fintech market grows, seeing an 8% CAGR from 2025 to 2030. DAVE is one of the leading neobanks in the United States that has distinguished itself by providing services like ExtraCash. With the fee structure being revised, ExtraCash has become more popular among the masses, driving the growth narrative of the company. In the first quarter of 2025, DAVE witnessed 46% growth in its ExtraCash originations, which had a positive impact on average revenues per user, as it increased 29% year over year Moving on, the company's financial position got solidified as the top line rallied 47% year over year. Adjusted EBITDA skyrocketed 235% year over year, which was certainly impressive, underscoring the company's robust operating leverage. With the addition of 569,000 members, Dave registered 15% year-over-year growth in its member base, a testament to its growing demand for its offerings. DAVE's ability to manage credit risk separates it from the rest. By utilizing CashAI, a proprietary underwriting engine, the company improved its credit performance significantly. It witnessed an 18% year-over-year enhancement in the 28-day delinquency rate and a reduction in the percentage of provision for credit losses to originations to 0.69% from the year-ago quarter's 0.94%. CashAI's ability to improve cost management had a distinct influence on Dave's profitability position. It led to a 67% year-over-year surge in non-GAAP variable profit, with variable margin growing 950 bps. Dave's sole focus on the U.S. market hinders its means of diversification. This provides the company with a bedrock of motive to expand into different markets. With the global fintech market anticipated to grow, witnessing a healthy 15.3% CAGR from 2025 to 2030, DAVE is presented with a massive opportunity to capture a larger market share. The Zacks Consensus Estimate for Nu Holdings' 2025 sales is pegged at $14.8 billion, hinting at 28.5% year-over-year growth. The consensus estimate for earnings is pegged at 54 cents, suggesting a 20% rise from the preceding year's actual. One earnings estimate for 2025 has moved north in the past 60 days, versus two southward revisions. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Dave's 2025 sales is pegged at $474.4 million, indicating 36.7% year-over-year growth. The consensus estimate for earnings is $8.74 per share, suggesting a 66.8% year-over-year surge. Two earnings estimates for 2025 have moved north in the past 60 days, versus no southward revisions. Image Source: Zacks Investment Research Nu Holdings is currently trading at a forward 12-month P/E ratio of 20.21X, which is slightly below the 12-month median of 20.71X. Dave is trading at 24.64X, substantially lower than the 12-month median of 33.74X. Although both stocks are trading at a discount compared with their historical valuations, NU appears much cheaper than DAVE. Image Source: Zacks Investment Research Dave is a 'Buy,' driven by ExtraCash's product improvements and popularity, strong operating leverage and advanced credit risk management with CashAI. While the company focuses on the U.S. market, the growing global fintech landscape positions it to capture a larger market share. Although Nu Holdings presents a strong case, we urge investors to take a cautious approach and refrain from adding it to their portfolios. Our recommendation for NU is based on its top and bottom-line outlook, which is weaker than that of DAVE and its downward earnings estimates revision, hinting at a lack of analyst confidence. DAVE flaunts a Zacks Rank #1 (Strong Buy) and NU has a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Nu Holdings Ltd. (NU) : Free Stock Analysis Report Dave Inc. (DAVE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
