Latest news with #Koning
Business Insider
12-08-2025
- Business
- Business Insider
Circle Internet (CRCL) Is About to Report Q2 Earnings Today. Here Is What to Expect
Circle Internet Group (CRCL), the issuer of the USDC stablecoin, is scheduled to report its results for the second quarter of 2025 before the market opens on Tuesday, August 12. This will be its first earnings release since going public in June. CRCL stock has surged about 413% to $159.03 from its IPO price of $31, fueled by optimism over the GENIUS Act, which sets rules for stablecoins. Nevertheless, rising competition in the crypto space remains a major concern. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. For Q2 2025, Wall Street analysts expect Circle Internet to report a loss per share of $1.00. Meanwhile, the company's revenue is expected to increase by about 48% year-over-year to $645.7 million. During the earnings call, investors will be watching Circle Internet's revenue growth, updates on USDC adoption, and any new partnerships or regulatory developments. Recent Event Ahead of Q2 On August 6, Corpay Inc. (CPAY) partnered with Circle Internet to integrate the USDC stablecoin into its global payments network. The deal will allow Corpay clients to use USDC for instant funding, on-chain settlement, and cross-border payouts in over 80 countries. Analyst's View Ahead of Q2 Heading into the Q2 print, Robert W. Baird analyst David Koning maintained a Hold rating on the stock with a $210 price target. He noted that the company expects revenue of $640–$650 million, close to the Street's $646 million forecast, while gross profit is expected to come in only slightly above consensus. Koning believes that Circle faces strong competition in the stablecoin market from both fintechs and traditional banks launching rival products. He also pointed to regulatory uncertainties and interest rate risks that could limit the company's long-term growth. Compass Point analyst Ed Engel downgraded Circle Internet stock to Sell from Hold and lowered the price target from $205 to $130 per share, citing various reasons, including rising competition and elevated valuation. Options Traders Anticipate a Large Move Using TipRanks' Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don't worry; the Options tool does this for you. Indeed, it currently says that options traders are expecting a 10.66% move in either direction. What Is the Target Price of CRCL Stock? Currently, Wall Street is cautious about Circle Internet stock, with a Hold consensus rating based on five Buys, five Holds, and four Sell recommendations. The average CRCL stock price target of $181.50 indicates a possible upside of 14.13% from current levels.
Malaysian Reserve
24-06-2025
- Health
- Malaysian Reserve
Koning Expands Global Footprint with First UAE Installation at Family Health Promotion Center in Sharjah
SHARJAH, UAE, June 23, 2025 /PRNewswire/ — Koning Health is proud to announce the installation of the Koning Vera at the Family Health Promotion Center in Sharjah, United Arab Emirates. This installation marks Koning's debut in the UAE, a pivotal milestone in enhancing early breast cancer detection and patient comfort across the Middle East. This advanced system was delivered in partnership with FourMed Medical Supplies LLC, Koning's strategic distributor in the UAE. Known for its commitment to service excellence and to advancing regional healthcare, FourMed played a critical role in bringing this cutting-edge solution to the UAE. The Koning Vera is the region's first and only no-compression 3D breast imaging system, providing high-resolution, true isotropic images in a rapid 7-second scan. 'We're honored to bring the Koning Vera to the UAE and partner with Family Health Promotion Center in their mission to enhance women's health and access to leading diagnostic tools,' said David Georges, President of Koning. Maher Bannourah, Director of Koning International , added: 'This installation represents more than just technology—it's about transforming how women experience breast imaging. By bringing compassionate, patient-centered solutions to the Middle East, we're taking bold steps toward a future where early detection is accessible, comfortable, and life-changing for women across the region.' Koning Vera enables clinicians to visualize breast tissue in 3D, even in dense breasts, without painful compression and with radiation levels typical of conventional mammograms. Its use can lead to more accurate diagnoses, fewer unnecessary biopsies, and a more comfortable experience for patients. Essam El Sayed, General Manager of FourMed Medical Supplies LLC, stated: 'At FourMed, we are proud to play a strategic role in shaping the future of diagnostic healthcare in the UAE and across the region. The introduction of the Koning Vera system marks more than a technological milestone—it reflects our unwavering commitment to empowering healthcare providers with pioneering solutions that prioritize early detection, patient comfort, and clinical accuracy. This partnership underscores our dedication to supporting the UAE's healthcare vision and our belief that access to world-class innovation should be a standard, not a privilege.' The launch of the Vera system at Family Health Promotion Center supports the UAE's growing focus on women's health and underscores Koning's mission to make superior imaging available to patients worldwide. About FourMed Medical Supplies LLC: FourMed is a UAE-based healthcare solutions provider and strategic partner for leading global medical technology manufacturers. With a portfolio that spans advanced diagnostic imaging, surgical technologies, and patient monitoring systems, FourMed is committed to transforming care delivery through innovation. For more information, please visit the website or email Fourmed at info@ About Koning: Koning is a global Health Technology company focused on improving the breast imaging industry with its patented Koning Vera Breast CT (KBCT). Koning's vision is to create a revolution in medical imaging through advanced computed tomography technology that dramatically improves the way clinicians visualize and evaluate breast tissue. The Koning Vera is expected to optimize early disease detection, diagnosis, and intervention. For more information, please visit Koning's website or email Koning at info@ For more information on installations in the Middle East, please contact Maher Bannourah at or +1(703) 303-8855.
Yahoo
03-06-2025
- Climate
- Yahoo
Passengers stranded for 7 hours after Norwegian Epic breaks moorings in heavy winds
A routine port stop turned chaotic for thousands of passengers aboard Norwegian Cruise Line's Norwegian Epic last Friday when severe winds caused the ship to break free from its moorings in Catania, on the Italian island of Sicily. The incident began around 1 p.m. local time when powerful 60-mph wind gusts struck the vessel's port side. Witnesses reported hearing loud cracking sounds as the mooring lines began snapping one by one, causing the ship's stern to drift away from the dock. "We heard a very loud boom, and then there was another loud noise and screams," passenger Brian Koning, who was returning to the ship with his wife at the time, said in a Facebook post. "All those large orange diameter ropes started snapping about every 15 seconds." During the incident, a female passenger fell from the gangway. Koning said the woman hit her head on something before landing in the water, prompting her husband to leap in to save her. Norwegian Cruise Line noted that the crew rushed to help the pair. "On-duty crew members were able to immediately assist the guest from the water and see that they were evaluated by the medical team," a company spokesperson told ABC News in a statement. "It was determined that they sustained minor injuries and were transported to a local hospital for further examination and treatment." MORE: Cruise ship saves passengers, pets from disabled catamaran in South Pacific The incident left more than 3,600 passengers stranded ashore for over seven hours, according to Koning. Port authorities closed the checkpoint as the ship was forced to move out to sea until conditions improved. "The disembarkation and embarkation process was paused until weather conditions improved and the ship was able to safely dock again," Norwegian Cruise Line told ABC News. Passengers were frustrated with how the company handled of the situation, according to Koning. "There was no communication from anyone from Norwegian Cruise Line," Koning said. "People started getting irritated. They took the water away, there was no drinks, no food, and only one bathroom with a couple of toilets." The ship eventually returned to port after replacing the broken mooring lines, allowing passengers to reboard that evening.
03-06-2025
- Climate
Passengers stranded for 7 hours after Norwegian Epic breaks moorings in heavy winds
A routine port stop turned chaotic for thousands of passengers aboard Norwegian Cruise Line's Norwegian Epic last Friday when severe winds caused the ship to break free from its moorings in Catania, on the Italian island of Sicily. The incident began around 1 p.m. local time when powerful 60-mph wind gusts struck the vessel's port side. Witnesses reported hearing loud cracking sounds as the mooring lines began snapping one by one, causing the ship's stern to drift away from the dock. "We heard a very loud boom, and then there was another loud noise and screams," passenger Brian Koning, who was returning to the ship with his wife at the time, said in a Facebook post."All those large orange diameter ropes started snapping about every 15 seconds." During the incident, a female passenger fell from the gangway. Koning said the woman hit her head on something before landing in the water, prompting her husband to leap in to save her. Norwegian Cruise Line noted that the crew rushed to help the pair. "On-duty crew members were able to immediately assist the guest from the water and see that they were evaluated by the medical team," a company spokesperson told ABC News in a statement. "It was determined that they sustained minor injuries and were transported to a local hospital for further examination and treatment." The incident left more than 3,600 passengers stranded ashore for over seven hours, according to Koning. Port authorities closed the checkpoint as the ship was forced to move out to sea until conditions improved. "The disembarkation and embarkation process was paused until weather conditions improved and the ship was able to safely dock again," Norwegian Cruise Line told ABC News. Passengers were frustrated with how the company handled of the situation, according to Koning. "There was no communication from anyone from Norwegian Cruise Line," Koning said. "People started getting irritated. They took the water away, there was no drinks, no food, and only one bathroom with a couple of toilets." The ship eventually returned to port after replacing the broken mooring lines, allowing passengers to reboard that evening.
Yahoo
03-06-2025
- Climate
- Yahoo
Cruise ship passenger in Italy blown overboard by strong winds
CATANIA, Italy – Winds were strong enough to blow a passenger overboard a cruise ship docked in Italy last Friday. The passenger fell into the water off the Norwegian Epic docked in Catania, Sicily, according to a statement Norwegian Cruise Line made to several media outlets. Alaska Slammed By Atmospheric River As Summer Cruise Season Revs Up One passenger, Brian Koning, posted on social media that the 1,080-foot vacation liner broke loose from its moorings amid strong wind gusts around 1 p.m. local time. "All ropes snapped with loud bangs," Koning wrote. The FOX Forecast Center said wind gusts over 30 mph were reported at the nearby Catania-Fontanarossa Airport at the time. The Norwegian Cruise Line Epic was built in 2010 and was last refurbished earlier this year. It can hold up to 4,070 guests, according to the company's website. FOX Weather reached out to Norwegian Cruise Line for a statement but has not yet heard article source: Cruise ship passenger in Italy blown overboard by strong winds
