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Entain plc (LSE:ENT) has revised its financial forecast upward for BetMGM, the company’s 50/50 joint venture with MGM Resorts, citing sustained growth in both iGaming and online sports betting. The updated guidance for fiscal year 2025 now projects net revenue of at least $2.6 billion and a minimum EBITDA of $100 million, underscoring increased confidence in the platform’s market traction and profitability.

This upgrade highlights BetMGM’s expanding influence in the U.S. online gaming sector and its growing contribution to Entain’s broader strategic objectives. The enhanced outlook reflects strong momentum across BetMGM’s core operations and aligns with Entain’s ambition to drive long-term shareholder value through performance-led growth in regulated markets.

Despite these promising developments, Entain continues to face financial headwinds. While revenue and cash flow remain solid, the company is contending with profitability pressures and a high debt load. Technical indicators suggest market caution, and valuation metrics remain stretched, although the recent positive trajectory of its joint venture adds a layer of optimism.

About Entain plc

Entain plc is a global leader in sports betting and gaming, operating both online platforms and retail outlets. The company manages a wide-ranging brand portfolio that includes Coral, Ladbrokes, bwin, PartyCasino, and BetCity. Through its partnership with MGM Resorts, Entain jointly operates BetMGM—a major player in the U.S. iGaming and sports betting market. Headquartered in the UK, Entain focuses exclusively on operating in regulated jurisdictions worldwide.

Great Western Mining Corporation (LSE:GWMO) has reported encouraging assay results from its tungsten exploration activities at the Pine Crow and Defender prospects in Nevada. The samples indicate strong potential for high-grade tungsten mineralization, marking a significant step forward in the company’s efforts to tap into the critical minerals market.

These discoveries come at a time when global tungsten prices have surged to their highest level in over a decade, largely driven by Chinese export constraints. This favorable market dynamic could enhance the commercial viability of Great Western’s projects and has prompted the company to consider ramping up its exploration and potentially initiate further drilling campaigns.

About Great Western Mining

Great Western Mining Corporation PLC is a mineral exploration and development company with a focus on critical resources such as tungsten and copper. The company operates primarily in Mineral County, Nevada, within the resource-rich Walker Lane Structural Belt. Its strategic position and asset portfolio are geared toward meeting growing demand for minerals essential to modern technologies and energy transition.

Sunda Energy Plc (LSE:SNDA) has announced a rescheduling of the Chuditch-2 appraisal well, now targeting drilling in the first half of 2026. The delay stems from logistical service constraints in Timor-Leste, which have disrupted the original project timeline.

As a result, the farm-in agreement with state-owned energy firm TIMOR GAP has been terminated, although Sunda has indicated that discussions may resume to renegotiate terms. In the meantime, the company is actively seeking alternative funding options and anticipates improved rig availability in the coming year due to shifting market dynamics.

Environmental permitting for the project continues, with final approval expected in the third quarter of 2025. While the revised schedule represents a setback, Sunda maintains its long-term commitment to the Chuditch gas field and is focused on maximizing its value for stakeholders.

About Sunda Energy

Sunda Energy Plc is an AIM-listed exploration and appraisal company focused on natural gas assets in Southeast Asia. Operating through its subsidiary, SundaGas Banda Unipessoal, Lda., the company is primarily engaged in the development of the Chuditch gas project located offshore Timor-Leste.

Caspian Sunrise (LSE:CASP) has shared an update on its ongoing corporate activities, with a focus on the planned $88 million sale of shallow assets within the BNG Contract Area—specifically the MJF and South Yelemes structures. While this divestment is still awaiting regulatory approval, its completion is expected to significantly strengthen the company’s balance sheet and reshape its operational outlook.

However, the delay in receiving the necessary consents may impact the timing of Caspian Sunrise’s 2024 financial report. If the financials cannot be published in time, the company may face a temporary suspension of its share trading on the market.

Separately, the company continues to advance the acquisition of Procyon Investments Limited, which holds exploration rights for the Block 8 structure. Progress on this front has been slow, though recent developments have enabled operational activities to resume at the nearby Sholkara structure.

About Caspian Sunrise

Caspian Sunrise PLC is an oil and gas exploration and production company with a primary focus on assets in Kazakhstan. The company manages several key projects across the region and is involved in both shallow and deep drilling operations as part of its broader energy portfolio.

Thor Energy Plc (LSE:THR), through its wholly owned subsidiary Go Exploration Pty Ltd, has secured three Gas Storage Exploration Licences from the South Australian Government. These licences, situated near Adelaide, mark a significant step forward in the company’s strategy to develop underground gas storage infrastructure and strengthen its foothold in Australia’s evolving energy landscape.

The acquisition of these exploration rights supports Thor’s broader commitment to energy resource development, particularly as the company shifts focus toward clean and sustainable energy solutions. The licences may pave the way for future projects that bolster energy security and align with Australia’s transition to low-carbon alternatives.

Despite this strategic progress, Thor Energy faces serious financial headwinds. The company currently reports no revenue and is experiencing liquidity constraints. Bearish technical signals and negative valuation ratios also cloud its short-term outlook. Nevertheless, recent developments in clean energy initiatives offer a potential foundation for longer-term growth if successfully leveraged.

About Thor Energy

Thor Energy Plc is a resource exploration company focused on hydrogen, helium, and other key components of the clean energy transition. The company’s portfolio includes uranium and a range of energy-critical metals, with exploration efforts primarily concentrated in Australia and the United States.

Greatland Resources Limited (LSE:GGP) has initiated a bookbuild process for its planned Australian capital raise, seeking to secure up to AUD 50 million. The offering will involve the issuance of new ordinary shares on a non-pre-emptive basis, alongside the sale of shares held by Newmont NOL Pty Limited. This fundraising move supports Greatland’s strategy to dual-list on the Australian Securities Exchange (ASX), broadening its shareholder base and increasing visibility among investors in the Asia-Pacific region.

The offering targets institutional investors across Australia, New Zealand, and other qualified jurisdictions, while also including Australian retail investors. In parallel, the company has launched a UK Retail Offer aiming to raise up to €8 million, allowing retail shareholders in the UK to participate in the capital raise by subscribing to new shares.

Although Greatland Gold is currently navigating financial challenges, including a stretched valuation and ongoing concerns about its fiscal strength, recent technical indicators suggest positive market momentum. Strategic developments, such as the ASX cross-listing and associated fundraising, may position the company for future growth—especially as it moves from exploration toward production, a key step in improving its long-term financial outlook.

About Greatland Gold

Greatland Gold is a resource-focused mining company listed on London’s AIM market. Its operations are centered in Western Australia, where it explores and develops gold and copper assets. The company’s flagship projects include the Havieron gold-copper development and the adjacent Telfer mine, both situated in the resource-rich Paterson Province of the East Pilbara.

Glencore (LSE:GLEN) has confirmed that all regulatory approvals for the merger between its agricultural subsidiary Viterra and Bunge have been secured. The deal is now on track to close in early July. This merger represents a strategic move for Glencore, potentially boosting its global influence in the natural resources and agricultural supply chain sectors while broadening its operational footprint.

The transaction is expected to strengthen Glencore’s capabilities and service offerings, enhancing its competitive edge and creating opportunities for long-term value creation for stakeholders.

From a market perspective, Glencore is benefiting from positive technical indicators and strong commentary in recent earnings calls, pointing to solid operational performance and promising strategic initiatives. However, concerns remain around its mixed financial results and valuation pressures, particularly those linked to periods of negative earnings, which continue to weigh on investor sentiment.

About Glencore

Glencore is a global leader in the production, sourcing, marketing, and distribution of a wide array of commodities—over 60 in total. The company operates in more than 30 countries, supplying key materials to industries such as automotive, power generation, steelmaking, oil, and battery technology. Glencore also emphasizes sustainability, supporting global decarbonization goals while upholding high standards in human rights, corporate transparency, and security practices.

Triad Group Plc (LSE:TRD) has released its audited financial results for the year ended March 31, 2025, highlighting a period of strong growth and strategic progress. The company posted revenues of £21.4 million, reflecting a notable year-on-year increase. Gross profit margins also improved to 28.6%, while profit before tax reached £1.5 million.

In response to increased demand, Triad has expanded its consultancy team, enabling the business to secure high-profile contracts with several major UK government departments. The firm has also strengthened its digital services portfolio, reinforcing its position as a dedicated consultancy provider. These developments have supported ongoing dividend payments to shareholders and affirmed the company’s evolution into a focused digital consultancy.

Despite these achievements, Triad faces headwinds. There are concerns about declining revenue and profits in certain areas, and technical indicators point to bearish sentiment in the market. The company’s valuation appears stretched, driven by a high price-to-earnings ratio, though the dividend yield remains relatively solid. A recent positive development includes the vesting of Restricted Stock Units (RSUs), aligning executive incentives with long-term company performance—but this has not fully alleviated broader investor concerns.

About Triad Group Plc

Triad Group Plc is a UK-based consultancy firm specializing in digital services and transformation projects. With expertise spanning the public and private sectors—including government, law enforcement, and enterprise clients—Triad delivers independent, technology-agnostic solutions tailored to client needs.

SkinBioTherapeutics (LSE:SBTX) has taken a major step into mainstream retail by securing an exclusive partnership with UK high street giant Superdrug for its AxisBiotix™ line of products. This agreement marks a key commercial milestone as the company expands its footprint beyond direct-to-consumer channels.

To fuel this expansion and advance product development, the company has successfully raised £4.1 million through a combination of share placing and subscriptions. In addition, SkinBioTherapeutics is planning a retail offer aimed at giving existing shareholders a chance to participate in the fundraising.

The AxisBiotix-Ps supplement recently earned the National Psoriasis Foundation’s Seal of Recognition in the United States—an endorsement that is likely to boost its credibility and appeal within the American market.

Despite recent progress, SkinBioTherapeutics continues to face financial challenges, including net losses and cash flow limitations. Technical analysis reflects a bearish trend, and valuation remains pressured by negative earnings. Nevertheless, the recent business developments may signal a turning point, offering a more optimistic outlook for the future.

About SkinBioTherapeutics

SkinBioTherapeutics plc is a biotechnology company focused on improving skin health, particularly through solutions targeting inflammatory skin conditions. The firm’s flagship products, including the AxisBiotix™ range of food supplements, are part of its broader strategy to deliver innovative, science-backed skincare solutions to global markets.

U.S. stock futures for the Dow Jones, S&P 500, and Nasdaq are signaling a sharply lower start to trading on Friday, as escalating geopolitical tensions weigh on investor sentiment. The downturn comes after modest gains in Thursday’s session.

Concerns about a broader conflict in the Middle East intensified after Israel conducted airstrikes early Friday targeting Iranian nuclear and missile infrastructure. Reports indicate that at least three high-ranking Iranian military officials were killed in the strikes. In retaliation, Iran launched over 100 drones toward Israel, according to Israeli military sources.

The flare-up has sparked fears of a larger regional war, triggering a spike in oil prices as markets brace for potential supply disruptions.

Former President Donald Trump responded to the developments via a post on Truth Social, urging Iran to strike a nuclear agreement before violence escalates further. “There has already been great death and destruction,” Trump wrote, warning of even more severe attacks to come. “Iran must make a deal before there is nothing left… No more death, no more destruction.”

Despite the looming tensions, Wall Street managed a recovery Thursday following an early dip. The Dow Jones gained 101.85 points (+0.2%) to close at 42,967.62, while the S&P 500 rose 23.02 points (+0.4%) to 6,045.26. The Nasdaq also climbed 46.61 points (+0.2%) to finish at 19,662.48, with both the Dow and S&P hitting three-month closing highs.

The rebound was supported by fresh inflation data that showed producer prices rose just 0.1% in May, below economists’ expectations of 0.3%, according to the Labor Department. April’s figure was revised to a 0.2% decline.

On an annual basis, the producer price index increased 2.6%, in line with projections and slightly above April’s 2.5% pace.

“For the second straight day, inflation numbers came in softer than expected,” said Chris Zaccarelli, CIO of Northlight Asset Management. “This gives the Fed more flexibility to maintain its current stance without rushing into further tightening.”

Investors remained cautious, however, amid ongoing uncertainty over U.S. trade policy. Details on the U.S.-China trade framework announced Wednesday remain sparse. President Trump told reporters that within two weeks, he plans to send letters to various trade partners outlining new tariff rates. He also suggested he may extend the current 90-day tariff freeze, set to expire early next month, though he doesn’t believe it will be necessary.

Elsewhere in the market, gold stocks surged as precious metal prices jumped, lifting the NYSE Arca Gold Bugs Index by 1.5%. Utility stocks, typically sensitive to interest rates, also advanced, with the Dow Jones Utility Average rising 1.4%.

Tech, pharma, and networking stocks showed strength, but airline stocks continued to slide, extending losses from the prior session.