As commodity prices spiked higher on Friday morning, a strategist warned that Europe was even more at risk of an energy shock than the U.S. Speaking with CNBC's "Europe Early Edition", Joachim Klement, head of strategy at Panmure Liberum, noted that Europe now sources most of its natural gas from Qatar, one of the world's biggest producers of LNG. As the war in the Middle East entered its seventh ...
As commodity prices spiked higher on Friday morning, a strategist warned that Europe was even more at risk of an energy shock than the U.S. Speaking with CNBC's "Europe Early Edition", Joachim Klement, head of strategy at Panmure Liberum, noted that Europe now sources most of its natural gas from Qatar, one of the world's biggest producers of LNG. As the war in the Middle East entered its seventh day, the Strait of Hormuz — a critical supply route which handles about one-fifth of global oil and gas — is now effectively closed to all shipping due to the continued threat of Iranian strikes. That's bad news for Europe's most energy-intensive industries, namely autos, chemicals and industrials, Klement said. "We are now facing the very risky situation where our natural gas storage is close to empty because of a cold winter, and being at the end of the winter time, and supplies from Qatar are being reduced," he said. "That gives us a massive risk of a natural gas spike in Europe, which would obviously be very bad for energy-intensive industries like the chemicals business, the industrials and the automotive sector." The Stoxx Europe 600 Automobiles & Parts Index slipped 0.7% on Friday, and has now fallen more 8% this week following the outbreak of the war in the Middle East last weekend. The Stoxx Europe 600 Chemicals benchmark is 6.3% lower on the week, having shed 0.9% on Friday. Industrials, meanwhile, have lost 4.7% since the conflict began. Energy prices have soared as the escalating conflict between the U.S., Israel and its allies and Iran has disrupted global supply chains . Dutch Title Transfer Facility (TTF) futures, Europe's benchmark gas contract, were trading at 52.33 euros per megawatt-hour on Friday. That's lower than the 63.75 euros seen earlier in the week, though LNG remains on course for its biggest weekly rise since February 2022 following Russia's invasion of Ukraine. TTF stood at 31.96 euros per MWh on Feb. 27, the day before the conflict began. Mean...
(RTTNews) - GXO Logistics, Inc. (93N.F) on Friday said it has appointed Mark Suchinski as chief financial officer, effective April 1, 2026. Suchinski replaces Baris Oran, who announced in August last year his intention to step down to pursue other opportunities. Suchinski brings more than three decades of experience in finance, operations and supply chain management, including significant expertis...
(RTTNews) - GXO Logistics, Inc. (93N.F) on Friday said it has appointed Mark Suchinski as chief financial officer, effective April 1, 2026. Suchinski replaces Baris Oran, who announced in August last year his intention to step down to pursue other opportunities. Suchinski brings more than three decades of experience in finance, operations and supply chain management, including significant expertise in the aerospace and defense sector, which the company considers a key growth vertical. Prior to joining GXO, he served as the finance chief of The GEO Group Inc., a provider of correctional and community reentry services for government partners. On Thursday, GXO shares closed at $59.09, down 1.22%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Key Points Sea Cliff Partners Management sold 607,700 shares of Caesars Entertainment in the fourth quarter. The quarter-end position value decreased by $16.42 million as a result. The position was previously 6.3% of the fund's AUM as of the prior quarter; the fund reported no shares of Caesars held at quarter's end. 10 stocks we like better than Caesars Entertainment › On February 17, 2026, Sea C...
Key Points Sea Cliff Partners Management sold 607,700 shares of Caesars Entertainment in the fourth quarter. The quarter-end position value decreased by $16.42 million as a result. The position was previously 6.3% of the fund's AUM as of the prior quarter; the fund reported no shares of Caesars held at quarter's end. 10 stocks we like better than Caesars Entertainment › On February 17, 2026, Sea Cliff Partners Management disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold out of Caesars Entertainment (NASDAQ:CZR), liquidating approximately 607,700 shares worth $16.42 million in the fourth quarter. What happened According to a recent SEC filing dated February 17, 2026, Sea Cliff Partners Management reported a full liquidation of its stake in Caesars Entertainment (NASDAQ:CZR), selling all 607,700 previously held shares. The quarter-end position value fell by $16.42 million as a result. What else to know The fund fully exited its position in Caesars Entertainment; this position accounted for 6.3% of reportable AUM in the prior quarter. Top holdings following the filing include: NASDAQ: BTSG: $38.19 million (16.1% of AUM) NYSE: WCC: $23.49 million (9.9% of AUM) NYSE: PLNT: $22.24 million (9.4% of AUM) NYSE: HXL: $21.86 million (9.2% of AUM) NYSE: JHX: $20.72 million (8.7% of AUM) As of Thursday, shares of Caesars Entertainment were priced at $26.59, down 12% over the past year and significantly underperforming the S&P 500, which is instead up about 17% in the same period. Company overview Metric Value Price (as of Thursday) $26.59 Market capitalization $5 billion Revenue (TTM) $11.5 billion Net income (TTM) ($502 million) Company snapshot Caesars Entertainment offers casino gaming, hotels, entertainment venues, dining, bars, retail, and online sports betting and iGaming services across the United States. The firm generates revenue primarily from gaming operations, hospitality services, and digital platforms, leveraging a portfolio of owned,...
Ciena ( CIEN ) was in the spotlight on Friday as Bank of America upgraded the networking company as shares sold off sharply on Thursday after the company released quarterly results and guidance. Shares fell 1% in premarket trading. “We recently published a cautious note on the networking sector, fearing spending growth deceleration and the risk of backlog and deferred revenue slowdown,” analyst Ta...
Ciena ( CIEN ) was in the spotlight on Friday as Bank of America upgraded the networking company as shares sold off sharply on Thursday after the company released quarterly results and guidance. Shares fell 1% in premarket trading. “We recently published a cautious note on the networking sector, fearing spending growth deceleration and the risk of backlog and deferred revenue slowdown,” analyst Tal Liani wrote in a note to clients. “After doing detailed analysis on the expected data center buildout, as well as following the recent spending outlook update by the Cloud Titans, we now believe our call was too early. The optical market is still cyclical, but Cloud spending remains robust, with key Cloud players, including Hyperscalers, Tier-2 Clouds and Neoclouds, adding significant data center capacity in the next three years. We upgrade our rating for Ciena from Neutral to Buy, and raise our PO to $355 from $260, now based on 44x CY27E P/E vs. 39x prior.” More on Ciena Ciena Corporation (CIEN) Q1 2026 Earnings Call Transcript Ciena Corporation 2026 Q1 - Results - Earnings Call Presentation Ciena: Expensive For A Reason Ciena outlines $5.9B–$6.3B revenue outlook for 2026 while expanding AI-driven optical market leadership Ciena slumps 15% despite Q1 beat, raising fiscal '26 revenue outlook
(RTTNews) - The UK stock market is down in negative territory a little past noon on Friday, retreating after a positive start. Miners are among the notable losers. Bank stocks stated off on a steady note but gave up gains as the day progressed. The benchmark FTSE 100, which advanced to 10,482.32 earlier in the session, was down 68.19 points or 0.65% at 10,345.75 about a quarter past noon. Anglo Am...
(RTTNews) - The UK stock market is down in negative territory a little past noon on Friday, retreating after a positive start. Miners are among the notable losers. Bank stocks stated off on a steady note but gave up gains as the day progressed. The benchmark FTSE 100, which advanced to 10,482.32 earlier in the session, was down 68.19 points or 0.65% at 10,345.75 about a quarter past noon. Anglo American Plc is down 3.4%. Glencore is down 2.5% and Endeavour Mining is declining by about 2.3%, while Antofagasta and Fresnillo are down 1.7% and 1.1%, respectively. Marks & Spencer is down 3.2%. Kingfisher is down 3.1% and Persimmon is lower by about 2.7%. IAG, Reckitt Benckiser, British American Tobacco, Berkeley Group Holdings, Airtel Africa, Haleon, Weir Group, Halma, Prudential, Croda International, Aviva, Unilever, Standard Life, HSBC Holdings and Next are down 1.2%-2.5%. RightMove is up more than 3% and Autotrader Group is gaining about 2.7%. Relx, IMI, Experian, Melrose Indsutries, BAE Systems, Entain, The Sage Group, BP, JD Sports Fashion and Hikma Pharmaceuticals are up 1%-1.8%. In economic releases, U.K. house prices increased at the fastest pace in four months in February, suggesting the property market gained momentum at the start of the year. House prices registered an annual growth of 1.3 percent in February, following a 1.1 percent rise in January, according to data from the mortgage lender Halifax. This was the strongest growth in four months and exceeded economists' forecast of 0.9 percent. The average property prices reached a new record high of GBP 301,151 in February. On a monthly basis, house prices increased 0.3 percent in February, in line with expectations. This was the second consecutive increase but slower than the 0.8 percent increase posted in January. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition. Good morning! Here's the latest in trending: Jobs Day: Don't exp...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition. Good morning! Here's the latest in trending: Jobs Day: Don't expect February's nonfarm payrolls report to repeat January's upside surprise. AI feud: The Pentagon has designated Anthropic as a "supply chain risk," prompting the startup behind Claude to challenge the label in court . The response: History says the Fed is key to counter a recession from oil shocks , but any reaction to the Iran war will likely depend on duration . Black gold Crude oil has officially topped $80 per barrel as the conflict in Iran continues to escalate. The WTI benchmark ( CL1:COM ) has surged 21% since closing at $67.02 just before the war commenced last Saturday amid increased risks to the global oil trade and the Strait of Hormuz. A fifth of the world's oil and gas flows through the strategic waterway, but tanker traffic there has ground to a halt, with hundreds of ships trapped on each side of the critical chokepoint. China presses Iran for safe passage Snapshot: The national average cost of gasoline has additionally climbed by 34 cents over the past week to $3.32 per gallon, according to AAA, erasing all of the savings seen since President Trump took office. "If they rise, they rise," Trump declared in response to the spike in energy prices, saying "they'll drop very rapidly when this is over" and the current campaign is "far more important than having gasoline prices go up a little bit." For now, the bet is that a 4-to-5-week conflict will prove the spike is temporary, but emergency measures are being entertained if things get prolonged or prices spiral out of control. U.S. must have a role in choosing Iran's next leader The first plan announced by the ...
Dragon Claws/iStock via Getty Images A Brief Recap of the Core Business — and Why I Remain a Strong Buyer In my initial report published on October 8, 2025, I rated Abacus Global Management ( ABX ) a strong buy, driven by what I considered to be a rare combination of a deeply compressed valuation and exceptional long-term growth prospects. Since writing this five months ago, the investment case ha...
Dragon Claws/iStock via Getty Images A Brief Recap of the Core Business — and Why I Remain a Strong Buyer In my initial report published on October 8, 2025, I rated Abacus Global Management ( ABX ) a strong buy, driven by what I considered to be a rare combination of a deeply compressed valuation and exceptional long-term growth prospects. Since writing this five months ago, the investment case has not only held up, but has strengthened materially. With Q4 earnings scheduled on March 12, I want to revisit the thesis ahead of the release and highlight why the setup has improved further. To avoid repeating points I already made, I will not cover Abacus' business model in detail again. The topics of life insurance, longevity estimation, resale spreads, and institutional appetite for uncorrelated cash flows were covered before. I encourage readers who want the complete foundation to revisit my earlier artic le , "Abacus Global Management: Unlocking Hidden Value In Unused Life Insurance Assets." Instead, this update focuses on how the business has evolved since then: a record-breaking quarter, a clearer strategic shift toward recurring revenue, and the company’s first asset securitization. Yet the stock still trades at a valuation that fails to reflect this progress. The gap between operational execution and market perception has widened further, which in my view strengthens the asymmetric setup—and reinforces my strong buy rating. In this article, I go beyond the initial thesis and explain why Abacus Global Management continues to stand out as one of my highest conviction opportunities in today’s market. Q3 Recap: The Strongest Quarter in Company History Abacus's Q3 quarterly numbers were quite impressive. Having beaten consensus estimates for the tenth consecutive quarter, they experienced a revenue surge of 124% year over year (YoY) to $63 million. This growth was predominantly driven by continuous strong performance in the core life settlement business, with the comp...
Ericsson (Symbol: ERIC) has been named as a Top 10 dividend stock, according the most recent Dividend Channel report. The report noted that among the coverage universe, ERIC shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong semi-annual dividend history at Ericsson, and favorable long-term multi-year growth rates in key fundamental...
Ericsson (Symbol: ERIC) has been named as a Top 10 dividend stock, according the most recent Dividend Channel report. The report noted that among the coverage universe, ERIC shares displayed both attractive valuation metrics and strong profitability metrics. The report also cited the strong semi-annual dividend history at Ericsson, and favorable long-term multi-year growth rates in key fundamental data points. The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.'' The annualized dividend paid by Ericsson is $0.33/share, currently paid in semi-annual installments, and its most recent dividend ex-date was on 04/02/2026. Below is a long-term dividend history chart for ERIC, which the report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. The Top 10 DividendRank'ed Stocks » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Paychex Inc (Symbol: PAYX) has been named a Top Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-averagestatistics including a strong 4.4% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the envir...
Paychex Inc (Symbol: PAYX) has been named a Top Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-averagestatistics including a strong 4.4% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society — for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol. According to the ETF Finder at ETF Channel, Paychex Inc is a member of the iShares USA ESG Select ETF (SUSA), making up 0.10% of the underlying holdings of the fund, which owns $4,865,652 worth of PAYX shares. The annualized dividend paid by Paychex Inc is $4.32/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 01/28/2026. Below is a long-term dividend history chart for PAYX, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. PAYX operates in the Business Services & Equipment sector, among companies like Visa Inc (V), and Mastercard Inc (MA). Top 25 Socially Responsible Dividend Stocks — Income To Feel Good About » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Eversource Energy (Symbol: ES) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel , which published its weeklyreport. The report noted that among utilities, ES shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent ES share price of $73.87 represents a price-to-book ratio of 1.7 and an annual dividend yield ...
Eversource Energy (Symbol: ES) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel , which published its weeklyreport. The report noted that among utilities, ES shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent ES share price of $73.87 represents a price-to-book ratio of 1.7 and an annual dividend yield of 4.26% — by comparison, the average utility stock in Dividend Channel's coverage universe yields 3.1% and trades at a price-to-book ratio of 3.0. The report also cited the strong quarterly dividend history at Eversource Energy, and favorable long-term multi-year growth rates in key fundamental data points. The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.'' The annualized dividend paid by Eversource Energy is $3.15/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/05/2026. Below is a long-term dividend history chart for ES, which Dividend Channel stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue. The Top 10 DividendRank'ed Utility Stocks » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Mutilated human remains, including a severed head, that were discovered on a Bali beach last month have been identified through DNA testing as those of a Ukrainian tourist who police say was kidnapped earlier in the resort island’s south, according to Indonesian authorities. Bali police said forensic analysis had confirmed that body parts found near Ketewel Beach in Gianyar Regency belonged to Iho...
Mutilated human remains, including a severed head, that were discovered on a Bali beach last month have been identified through DNA testing as those of a Ukrainian tourist who police say was kidnapped earlier in the resort island’s south, according to Indonesian authorities. Bali police said forensic analysis had confirmed that body parts found near Ketewel Beach in Gianyar Regency belonged to Ihor Komarov, a 28-year-old Ukrainian national who had been reported abducted in mid-February. The remains were identified after investigators compared DNA extracted from the body parts with samples provided by the victim’s parents, Bali police spokesman Ariasandy said during a briefing in Denpasar. Advertisement “We can therefore conclude that the body parts found in Ketewel belong to the victim who was reported kidnapped some time ago, a Ukrainian national,” Ariasandy said on Friday, as quoted by local news outlet Kumparan Media reports have identified Komarov as the son of a wealthy businessman from Dnipro and said his kidnappers had demanded about US$10 million from his family. Those reports were amplified by videos circulated online that appeared to show him injured and pleading for payment. Advertisement However, Indonesian police have publicly maintained that the motive remains under investigation and have not fully confirmed the claims about his family background.
The widening conflict in the Middle East is stoking fears over a global energy crunch as exporters scramble for routes out of the region while a swath of refineries reduce output. More oil tankers are diverting away from the Persian Gulf and toward the Red Sea, where Saudi Arabia is loading extra crude at the port of Yanbu. The near-halt of traffic through the Strait of Hormuz has caused storage t...
The widening conflict in the Middle East is stoking fears over a global energy crunch as exporters scramble for routes out of the region while a swath of refineries reduce output. More oil tankers are diverting away from the Persian Gulf and toward the Red Sea, where Saudi Arabia is loading extra crude at the port of Yanbu. The near-halt of traffic through the Strait of Hormuz has caused storage tanks across the region to fill up, prompting refineries to cut capacity, while drones have taken out plants in Saudi Arabia and Kuwait, and a Bahraini oil processor came under fire overnight. The escalating war has choked off oil and gas supplies to key customers in Asia and Europe and sent energy prices soaring. The inability to send shipments through Hormuz forced Iraq to start shutting down its biggest oil fields earlier this week. Qatar, which closed a giant LNG export plant following a drone attack, told the Financial Times that a complete halt in energy exports from the region is in the cards if hostilities persist. Some alternative routes have emerged. Five supertankers already loaded at Yanbu this month and others have recently diverted toward the area. But while Saudi Arabia can reroute much of its crude, other producers in the region face a shrinking window to resume exports via Hormuz before they run out of storage. Read More: Saudi Arabia Races to Reroute Oil as Gulf Storage Fills Fast Commercial vessel traffic through Hormuz, the route to global markets for a fifth of the world’s oil supplies, remains largely suspended. The frequency of attacks on ships in and around the strait remains high, making it too risky for tankers and their multimillion-dollar cargoes to attempt transit. HORMUZ TRACKER: Isolated Ship Transits Continue in Persian Gulf Iran fired a barrage of missiles and drones targeting countries across the Persian Gulf overnight, and on Friday threatened to ramp up attacks and use more advanced missiles. US crude futures topped $85 a barrel for the fi...
Welcome to our guide to the commodities driving the global economy. Today, oil strategist Julian Lee looks at how Moscow is winning from the Middle East war. Russia has emerged as the first clear winner of the war in Iran after Washington agreed to let refiners in India resume purchasing Moscow’s oil. The US Treasury Department issued a temporary waiver allowing Indian processors to buy Russian ba...
Welcome to our guide to the commodities driving the global economy. Today, oil strategist Julian Lee looks at how Moscow is winning from the Middle East war. Russia has emerged as the first clear winner of the war in Iran after Washington agreed to let refiners in India resume purchasing Moscow’s oil. The US Treasury Department issued a temporary waiver allowing Indian processors to buy Russian barrels loaded onto tankers before March 5. The waiver runs until April 4, but could be extended. The move has been made necessary because Iran has effectively closed the Strait of Hormuz, the narrow neck of water through which most of the Middle East’s oil reaches international waters, following last weekend’s strikes by the US and Israel. While Hormuz isn’t physically blocked and Iran’s leadership has said it has no intention of halting traffic, actual and threatened attacks on ships using the waterway mean that owners aren’t allowing their vessels to pass through. That’s effectively bottled up about 20% of the world’s oil supplies in the Persian Gulf, boosting prices to the highest since 2024 and raising concerns about shortages. But for Russia, the closure has proved an unexpected opportunity. Since late 2025 its oil exports have been under more pressure than at any time since the Kremlin ordered the full-scale invasion of Ukraine in 2022. India emerged as the biggest buyer of Russia’s seaborne oil after European buyers shunned Moscow’s barrels. But last year, New Delhi came under increasing pressure to reduce, or even halt the trade, with US President Donald Trump doubling tariffs on India. That led to a 50% drop in India’s purchases of Moscow’s crude, with deliveries dropping to just 1.1 million barrels a day in February. Russian barrels were left at sea, boosting the amount on the water by 65% to 140 million barrels. It also forced Moscow to offer deeper discounts to shift those barrels into China. Now that pressure has evaporated overnight. Indian buyers are snapping ...
Embraer press release ( EMBJ ): Q4 Adjusted EBIT of $230.9M Revenue of $2.65B beats by $120M . More on Embraer Embraer Remains Undervalued As Margins And Free Cash Flow Improve Embraer sees U.S. zero-tariff shift fueling fresh growth Boeing lifts Africa aircraft demand forecast by 40% on strong economic growth Seeking Alpha’s Quant Rating on Embraer Historical earnings data for Embraer
Embraer press release ( EMBJ ): Q4 Adjusted EBIT of $230.9M Revenue of $2.65B beats by $120M . More on Embraer Embraer Remains Undervalued As Margins And Free Cash Flow Improve Embraer sees U.S. zero-tariff shift fueling fresh growth Boeing lifts Africa aircraft demand forecast by 40% on strong economic growth Seeking Alpha’s Quant Rating on Embraer Historical earnings data for Embraer
The US is considering changing its chip import policy. A report claims that the US Department of Commerce's new chip export proposal may require foreign governments to invest in US AI infrastructure to get large shipments of AI chips from Nvidia or AMD. The draft rule, under review, would introduce a tiered approval system based on chip computing power exported for AI data centres.A Financial Time...
The US is considering changing its chip import policy. A report claims that the US Department of Commerce's new chip export proposal may require foreign governments to invest in US AI infrastructure to get large shipments of AI chips from Nvidia or AMD. The draft rule, under review, would introduce a tiered approval system based on chip computing power exported for AI data centres.A Financial Times report says companies buying higher volumes of advanced chips may face additional requirements, such as commitments from their governments to invest in US AI capacity. This could influence how chipmakers export hardware for large-scale AI systems.People familiar with the plan said the framework is intended to allow the US government to approve export arrangements similar to those agreed with the United Arab Emirates and Saudi Arabia last year.In those cases, the US approved chip exports to companies including G42 and Humain after the countries pledged to invest in AI infrastructure in the United States.What US officials said about the proposed chip export policy changesA US official told the FT that “any rule that the administration issues will promote the American tech stack", as the government considers new requirements for the export of advanced AI chips.The US Department of Commerce also noted that discussions were ongoing within the government about formalising arrangements similar to recent agreements in the Middle East.“We successfully advanced exports through our historic Middle East agreements, and there are ongoing internal government discussions about formalising that approach,” the department told FT.Apart from this, it also rejected suggestions that the administration was reviving the AI diffusion rule introduced during the final months of Joe Biden’s administration, which proposed export controls for advanced chips based on country risk.“Today, there was reporting that we were returning to the AI diffusion rule. We will not. It was burdensome, over-reaching ...
Nike ( NKE ) disclosed late on Thursday that it expects to take a pretax charge of about $300M tied to employee severance costs over a nine-month period that ended on February 28. The athletic apparel retailer noted in the regulatory filing that its management has been evaluating opportunities to operate more efficiently and profitably through realigning costs while also investing to reignite grow...
Nike ( NKE ) disclosed late on Thursday that it expects to take a pretax charge of about $300M tied to employee severance costs over a nine-month period that ended on February 28. The athletic apparel retailer noted in the regulatory filing that its management has been evaluating opportunities to operate more efficiently and profitably through realigning costs while also investing to reignite growth. The company also warned of additional actions that could lead to additional charges in future quarters. In January, Nike ( NKE ) filed notices and confirmed it will cut 775 jobs in U.S. distribution centers in Tennessee and Mississippi, effective in early April. Those roles are largely warehouse and distribution positions as Nike ( NKE ) looks to consolidate its logistics footprint and accelerate automation in the company's supply chain. The company says the cuts are meant to simplify operations, increase speed, and support a return to sustainable, profitable growth under CEO Elliott Hill's ambitious turnaround plan. Separately, the Converse business has told staff to prepare for job cuts. Shares of Nike are down 8.9% on a year-to-date basis. More on Nike Nike's Comeback: How 'Win Now' Will Put The Swoosh Back On Top Nike's Profit Issues Push It Back A Step (Downgrade) Nike: 'Win Now,' Buy Later (Rating Downgrade) Will Pou Sheng's profit warning lead to a major Chinese announcement from Nike? -- BNP Paribas SA analyst upgrades/downgrades: NVDA, NKE, SMCI, NVO
Henrik Sorensen/DigitalVision via Getty Images At some point in early 2025, I was intrigued by how richly valued the hotel companies were, namely Marriott ( MAR ), Hilton ( HLT ), and InterContinental ( IHG ). While all were trading at something close to a 30x price-to-earnings ratio (P/E), I found their 'siblings,' like Marriott Vacations ( VAC ) and Hilton Vacations ( HGV ), trading at much more...
Henrik Sorensen/DigitalVision via Getty Images At some point in early 2025, I was intrigued by how richly valued the hotel companies were, namely Marriott ( MAR ), Hilton ( HLT ), and InterContinental ( IHG ). While all were trading at something close to a 30x price-to-earnings ratio (P/E), I found their 'siblings,' like Marriott Vacations ( VAC ) and Hilton Vacations ( HGV ), trading at much more reasonable valuations. I soon found out what I believe to be the reason and decided to write my first article about Marriott Vacations. Marriott Vacation's Performance since May 27th 2025 (Seeking Alpha) Since then I believe my analysis has been largely correct, as the stock has wobbled up and down and has failed to generate meaningful positive return in almost a year. While the S&P 500 is up by more than 15%, VAC is flat. My expectation is that this underperformance will continue, with some moments of more pronounced under- or overperformance, as we have seen since May 2025. I'll revisit and update my graphs from the first article, so first-time readers won't miss anything if they haven't read the previous analysis. In sum, I'll keep my Hold rating intact because although I don't see much downside for Marriott Vacations, I have even less clarity about its upside. Revenue needs to start growing again for this company to generate more net income and free cash flow; otherwise, it won't be able to sustain its shareholder return strategy. Marriott Vacations is a Hold for now. The Industry Is in Trouble Throughout much of the 2010s, the timeshare market grew at a 6% CAGR ( page 16 of the 2019 Investor Day Presentation), a period that also saw significant consolidation through mergers and acquisitions. Marriott Vacations was able to more than double its revenue between 2016 and 2019, in large part due to its acquisition of ILG. Now, growth engines are sputtering. The company hasn't shared in its Q4'25 earnings presentation any guidance that is close to the 6% CAGR talked about p...
Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer discussed. Cramer discussed the stock’s decline post-earnings and its recent rally, as he said: Then we saw strength in two other tech stocks that… many people had given up on. I was not tiring of them, but I was, they got me down: Amazon and NVIDIA. Ever since Amazon reported last quarter, and its stock fell from 242 down to 198 over ...
Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer discussed. Cramer discussed the stock’s decline post-earnings and its recent rally, as he said: Then we saw strength in two other tech stocks that… many people had given up on. I was not tiring of them, but I was, they got me down: Amazon and NVIDIA. Ever since Amazon reported last quarter, and its stock fell from 242 down to 198 over a two-week period, the stock couldn’t find its footing. But not today. Amazon finally managed to actually break out of its negative range and burst higher, rallying $8 or almost 4%. Maybe there’s a recognition that Amazon Web Services is not going to be wiped out by Anthropic. Photo by Sunrise King on Unsplash Amazon.com, Inc. (NASDAQ:AMZN) sells consumer goods and digital content through online and physical stores, provides advertising and subscription services, operates Amazon Web Services for cloud computing, develops electronic devices, produces media content, and offers programs supporting third-party sellers and content creators. During the February 6 episode, Cramer discussed the company’s CapEx forecasts, as he stated: