Financial Wire

Flywire Shares Rise After BTIG Upgrade

-- Flywire (FLYW) shares rose 3.1% in Thursday afternoon trading after BTIG upgraded the stock to buy from neutral with a price target of $17.

Trading volume stood at over 2.1 million shares, compared with a daily average of about 1.7 million.

Price: $13.40, Change: $+0.41, Percent Change: +3.20%

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Mining & Metals

Silver Bull Resources Expects Final Award In Arbitration Case Against Mexico Will Be Rendered By End of May

Silver Bull Resources (SVB.TO) after trade Thursday said a tribunal will by the end of next month render its final award in an arbitration case involving the company and Mexico.As previously reported, Silver Bull began international arbitration proceedings against Mexico under the United States-Mexico-Canada Agreement and the North American Free Trade Agreement. The arbitration was initiated under the Convention on the Settlement of Investment Disputes between States and Nationals of Other States process, which falls under the auspices of the World Bank's International Centre for Settlement of Investment Disputes, to which Mexico is a signatory.A statement noted the arbitration arises from Mexico's actions and omissions with respect to the illegal blockade of Silver Bull's Sierra Mojada project, which began in September 2019, and remains ongoing.As directed by the Arbitration Tribunal, upon completion of the hearing on Oct. 10, 2025, in Washington, D.C., the company and Mexico provided their post-hearing briefs on Nov. 21, 2025. The parties then filed their submissions on costs on Dec. 5, 2025, and updated submission on costs on April 13.Thursday's statement said the tribunal has now advised the parties that it will render its final award, in both English and Spanish, by the end of May.Sivler Bull shares closed up $0.02 to $0.33 on the Toronto Stock Exchange.

$SVB.TO
Insider Trading

United Therapeutics Insider Sold Shares Worth $11,057,621, According to a Recent SEC Filing

Martine A Rothblatt, Director, Chairperson & CEO, on March 13, 2026, sold 19,075 shares in United Therapeutics (UTHR) for $11,057,621. Following the Form 4 filing with the SEC, Rothblatt has control over a total of 679,797 common shares of the company, with 40,513 shares held directly and 639,284 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1082554/000110657826000033/xslF345X05/primarydocument.xml

$UTHR
US Markets

Netflix First-Quarter Results Rise, Second-Quarter Outlook Misses Views

Netflix's (NFLX) first-quarter results rose year-on-year, though the streaming giant's second-quarter outlook fell short of Wall Street's estimates.Per-share earnings climbed to $1.23 from $0.66 a year earlier. Revenue increased 16% to $12.25 billion, above the consensus on FactSet of $12.18 billion.Stronger-than-projected membership growth, higher pricing and increased ad revenue helped boost the top-line, Netflix said in a letter to shareholders.Wedbush Securities expected the streamer to post a revenue beat, saying the latest round of price increases could buoy Netflix's profitability this year.Last month, the company raised prices on all its plans in the US, including bumping its ad-supported standard tier to $8.99 per month.Netflix projects second-quarter revenue rising 13.5% year-over-year to $12.57 billion, lower than analysts' $12.64 billion estimate. EPS is pegged at $0.78, versus the consensus view of $0.84.Netflix sees operating margin falling to 32.6% in the ongoing three-month period from 34.1% in the year ago quarter.Shares were down 8% in after-hours trading."As we noted in last quarter's letter, growth in content amortization will be first-half weighted due to the timing of title launches," the company said. "We expect (second-quarter) to have the highest year-over-year content amortization growth rate in 2026, before decelerating to mid- to high-single-digit growth in the second half of the year."For 2026, Netflix continues to expect revenue of $50.7 billion to $51.7 billion, reflecting 12% to 14% of annual growth. The consensus estimate is for $51.37 billion.Last week, Wedbush raised its price target on Netflix to $118 from $115, citing expected revenue growth in 2026 amid a significant boost from advertising."Netflix should continue to gain incrementally from its ad business by expanding partnerships, improving targeting, leveraging (artificial intelligence), and adding more live content," Wedbush analyst Alicia Reese wrote in the note on Friday.Netflix said its co-founder and chairman, Reed Hastings, will not stand for re-election to the board when his current term expires in June.

$NFLX