General Dynamics (NYSE: GD) reported before the open this morning and the market liked what it saw. Shares are up 10.52% in noon trading after a clean beat on the top and bottom line, paired with raised full-year guidance and a torrent of new orders. I thought the order book was the story, but the ... General Dynamics Is Soaring on a Beat-and-Raise Quarter
General Dynamics (NYSE: GD) reported before the open this morning and the market liked what it saw. Shares are up 10.52% in noon trading after a clean beat on the top and bottom line, paired with raised full-year guidance and a torrent of new orders. I thought the order book was the story, but the ... General Dynamics Is Soaring on a Beat-and-Raise Quarter
May NY world sugar #11 (SBK26 ) today is up +0.61 (+4.32%), and Aug London ICE white sugar #5 (SWQ26 ) is up +11.90 (+2.75%). Sugar prices are sharply higher today, with NY sugar posting a 3-week high and London sugar posting a 4-week high. Strength in gasoline prices is...
May NY world sugar #11 (SBK26 ) today is up +0.61 (+4.32%), and Aug London ICE white sugar #5 (SWQ26 ) is up +11.90 (+2.75%). Sugar prices are sharply higher today, with NY sugar posting a 3-week high and London sugar posting a 4-week high. Strength in gasoline prices is...
Fed officials cite elevated inflation, slow job growth and uncertainty in Middle East as reasons for holding rates Sign up for the Breaking News US email to get newsletter alerts in your inbox The US Federal Reserve left interest rates unchanged after its latest board meeting, defying once again Donald Trump’s call for a cut as the central bank prepares for a leadership shake-up next month. On Wed...
Fed officials cite elevated inflation, slow job growth and uncertainty in Middle East as reasons for holding rates Sign up for the Breaking News US email to get newsletter alerts in your inbox The US Federal Reserve left interest rates unchanged after its latest board meeting, defying once again Donald Trump’s call for a cut as the central bank prepares for a leadership shake-up next month. On Wednesday, Fed officials continued to cite elevated inflation, slow job growth and uncertainty in the Middle East as reasons why rates were left untouched. Continue reading...
watch now VIDEO 4:27 04:27 Fed in 'neutral' as consumers are feeling okay but not great: The Conference Board CEO Steve Odland The Exchange The Federal Reserve held interest rates steady at the conclusion of its policy meeting on Wednesday. In what could be Jerome Powell's last as chair before President Donald Trump's yet-to-be-confirmed nominee Kevin Warsh takes the helm, central bankers maintain...
watch now VIDEO 4:27 04:27 Fed in 'neutral' as consumers are feeling okay but not great: The Conference Board CEO Steve Odland The Exchange The Federal Reserve held interest rates steady at the conclusion of its policy meeting on Wednesday. In what could be Jerome Powell's last as chair before President Donald Trump's yet-to-be-confirmed nominee Kevin Warsh takes the helm, central bankers maintained the federal funds rate in a target range of 3.5% to 3.75%. Inflation has surged since the war with Iran began, leaving policymakers with limited room to act, according to Sean Snaith, the director of the University of Central Florida's Institute for Economic Forecasting. "We're in a kind of suspended animation — between Iran and the Fed transition," Snaith said. Read more CNBC personal finance coverage Fed keeps interest rates unchanged in April: What that means for you This free tax withholding tool could make it easier update your paycheck Women tend to be 'risk-appropriate' investors, expert says: How that helps Nearly half of 2025 retirees stopped working sooner than they expected: Survey Social Security benefits can be reduced for retirees who work. How that may change Insurance rates based on credit history draw scrutiny from state lawmakers Dating is getting too expensive for many young adults in the U.S., survey shows Average tax refund is 11.3% higher, IRS filing data through Tax Day shows Fed is likely to hold rates steady — here's how that impacts your wallet Retirees are thinking of annuities the wrong way — and it may trip them up Wealth, millionaire tax push spreads to more states. What experts say Trump officials give mixed guidance on new student loan cap: financial aid group Trump's Fed pick Kevin Warsh signals approach to interest rates Gen Z looks for scholarships on TikTok. There's a better way, experts say CNBC's Financial Advisor 100: Best financial advisors, top firms ranked Before the oil shock, inflation was holding above the Fed's 2% target but ...
The Musk v. Altman trial is underway, and that means exhibits, or the evidence to be presented in court, are being revealed piece by piece. So far, email exchanges, photos, and corporate documents are circulating from the earliest days of OpenAI - and from before the AI lab even had a name. Some high-level takeaways: Nvidia CEO Jensen Huang gave OpenAI an in-demand supercomputer, Musk largely draf...
The Musk v. Altman trial is underway, and that means exhibits, or the evidence to be presented in court, are being revealed piece by piece. So far, email exchanges, photos, and corporate documents are circulating from the earliest days of OpenAI - and from before the AI lab even had a name. Some high-level takeaways: Nvidia CEO Jensen Huang gave OpenAI an in-demand supercomputer, Musk largely drafted OpenAI's mission and heavily influenced its early structure, OpenAI CEO Sam Altman appeared to want to lean heavily on Y Combinator for early support for OpenAI, OpenAI president Greg Brockman and Ilya Sutskever worried about Musk's level of con … Read the full story at The Verge.
Starbucks (NASDAQ:SBUX) reported Q2 FY2026 results after the close on April 28, and investors loved what they saw. The coffee giant beat on both lines, raised full-year guidance, and called the quarter the official turn in CEO Brian Niccol’s turnaround. Shares responded in kind, climbing 8.68% the next session to $105.72. ‘Back to Starbucks’ Finally ... Starbucks is Back to Growth After Strong Q1 ...
Starbucks (NASDAQ:SBUX) reported Q2 FY2026 results after the close on April 28, and investors loved what they saw. The coffee giant beat on both lines, raised full-year guidance, and called the quarter the official turn in CEO Brian Niccol’s turnaround. Shares responded in kind, climbing 8.68% the next session to $105.72. ‘Back to Starbucks’ Finally ... Starbucks is Back to Growth After Strong Q1 Performance
Earnings Call Insights: The Chefs' Warehouse, Inc. (CHEF) Q1 2026 Management View CEO Christopher Pappas said Q1 followed a normal seasonal ramp and that, despite disruptions, execution in North America drove continued share gains: "our team's exceptional execution and the strength of our North American business allowed us to continue to grow market share, delivering strong year-over-year growth i...
Earnings Call Insights: The Chefs' Warehouse, Inc. (CHEF) Q1 2026 Management View CEO Christopher Pappas said Q1 followed a normal seasonal ramp and that, despite disruptions, execution in North America drove continued share gains: "our team's exceptional execution and the strength of our North American business allowed us to continue to grow market share, delivering strong year-over-year growth in volume, product penetration, unique customer growth, revenue growth and profitability growth. Momentum continued into April, and we currently expect double-digit top line growth to start the second quarter." Pappas addressed the Middle East conflict as an operating variable, stating, "the immediate focus has been the safety and security of our people" and that the company is "effectively navigating volatility in supply chains and customer demand," while adding that management "hope[s] for a resolution to the conflict soon." CFO James Leddy reported Q1 net sales of $1.059 billion (up 11.4% year-over-year) and attributed growth to "an increase in organic sales of approximately 10.4% as well as the contribution of sales from acquisitions, which added approximately 1% to sales growth for the quarter." He added that the conflict impact to Q1 was limited: "We estimate it reduced overall organic growth by approximately 50 basis points." Leddy highlighted profitability and leverage, reporting gross profit of $257.4 million and gross margin of 24.3%, plus adjusted EBITDA of $60.1 million; he also described North America as the stabilizer: "our North American operations, which represent over 90% of the Chefs' Warehouse continues to grow well above our guidance while generating operating leverage and compelling year-over-year adjusted EBITDA growth." Outlook Leddy reaffirmed full-year 2026 guidance, saying, "we are keeping our full year guidance unchanged" with net sales of $4.35 billion to $4.45 billion, gross profit of $1.053 billion to $1.076 billion, and adjusted EBITDA of $276 ...
Earnings Call Insights: Regeneron Pharmaceuticals (REGN) Q1 2026 Management View “We were pleased with Regeneron's performance to start 2026, highlighted by strong commercial execution across our key growth products, continued pipeline progress, a disciplined approach to capital allocation and our agreement with the U.S. government to lower drug prices for American patients while preserving innova...
Earnings Call Insights: Regeneron Pharmaceuticals (REGN) Q1 2026 Management View “We were pleased with Regeneron's performance to start 2026, highlighted by strong commercial execution across our key growth products, continued pipeline progress, a disciplined approach to capital allocation and our agreement with the U.S. government to lower drug prices for American patients while preserving innovation.” (Co-Founder, President, CEO & Co-Chairman Leonard Schleifer) “Global Dupixent net sales increased 31% on a constant currency basis to $4.9 billion in the quarter.” (CEO Schleifer) “EYLEA HD U.S. net product sales increased 52% year-over-year to $468 million.” (CEO Schleifer) “In oncology, global Libtayo net product sales grew 54% to $438 million.” (CEO Schleifer) “We resubmitted an application seeking FDA approval for filling of the EYLEA HD pre-filled syringe at Catalent Indiana.” (CEO Schleifer) “We anticipate a regulatory decision on one or both applications during this quarter.” (CEO Schleifer) “Our Board authorized a new $3 billion share repurchase program, reflecting confidence in our business and financial position.” (CEO Schleifer) “We also recently entered into strategic collaborations with Telix and TriNetX.” (CEO Schleifer) “Last week, we received FDA approval of Otarmeni for genetic hearing loss… and we have committed to offering this product for free.” (CEO Schleifer) “First quarter 2026 total revenues grew 19% from the prior year to $3.6 billion.” (Executive VP of Finance & CFO Christopher Fenimore) “First quarter diluted net income per share grew 15% to $9.47 on net income of $1 billion.” (CFO Fenimore) “Cemdisiran… met the primary and all key secondary endpoints with subcutaneous delivery every 12 weeks delivering a 2.3 point placebo-adjusted improvement in the MG-ADL endpoint at week 24.” (Co-Founder, President, Chief Scientific Officer & Co-Chairman George Yancopoulos) Outlook “We have made some minor changes to our 2026 financial guidance including...
Six months after its launch, research firm Antenna estimates that the Howdy streaming service has more than 1 million subscribers. Roku debuted Howdy in August. The subscription video-on-demand (SVOD) service is $3 per month and doesn't have commercials. In an announcement today, Antenna estimated that almost 300,000 people signed up for Howdy in August and that the service gained 100,000 subscrib...
Six months after its launch, research firm Antenna estimates that the Howdy streaming service has more than 1 million subscribers. Roku debuted Howdy in August. The subscription video-on-demand (SVOD) service is $3 per month and doesn't have commercials. In an announcement today, Antenna estimated that almost 300,000 people signed up for Howdy in August and that the service gained 100,000 subscribers in each subsequent month. Read full article Comments
21Shares AG, the issuer of ETPs listed on various trading venues, has published its financial statements for the financial year ending 31 December 2025. The financial statements are available at: https://www.21shares.com/en-ch/product-documents/financials
21Shares AG, the issuer of ETPs listed on various trading venues, has published its financial statements for the financial year ending 31 December 2025. The financial statements are available at: https://www.21shares.com/en-ch/product-documents/financials
England’s higher education regulator must rebuild trust with troubled sector after series of blunders under previous leadership In its brief and unhappy life, England’s Office for Students has been offered a series of challenges it has largely failed to meet. This week the latest and most embarrassing of those was unveiled, when the high court decisively rejected the higher education watchdog’s at...
England’s higher education regulator must rebuild trust with troubled sector after series of blunders under previous leadership In its brief and unhappy life, England’s Office for Students has been offered a series of challenges it has largely failed to meet. This week the latest and most embarrassing of those was unveiled, when the high court decisively rejected the higher education watchdog’s attempts to fine the University of Sussex more than £500,000 for regulatory failings relating to Kathleen Stock’s time as an academic at Sussex. Stock quit Sussex in 2021 , saying she felt ostracised and targeted for her views on gender identity and transgender rights. Here was the highest profile test case that the OfS had seen: a subject of enormous controversy and sensitivity, involving key issues of academic freedom and freedom of speech. But as we now know from Mrs Justice Lieven’s ruling , in its rush to intervene the OfS managed to tie together its own shoelaces. Continue reading...