The world is experiencing the largest energy crisis in history, surpassing both the 1973 and 1979 oil crises combined, according to International Energy Agency Chief Fatih Birol . The current crisis has resulted in the loss of 13 million barrels of oil per day, compared to the 10 million barrels lost across both previous oil crises. “We are facing the biggest energy security threat in history,” Bi...
The world is experiencing the largest energy crisis in history, surpassing both the 1973 and 1979 oil crises combined, according to International Energy Agency Chief Fatih Birol . The current crisis has resulted in the loss of 13 million barrels of oil per day, compared to the 10 million barrels lost across both previous oil crises. “We are facing the biggest energy security threat in history,” Birol said in an interview with CNBC. The situation continues to deteriorate as the U.S. blockade remains in place and Iranian attacks on tankers persist, creating mounting pressure on global energy markets. Beyond oil, the crisis has disrupted natural gas supplies and other critical commodities. Birol noted that gas losses have reached 100 billion cubic meters, exceeding the 75 bcm lost during the Russia-Ukraine conflict four years ago. Additionally, major disruptions in fertilizers, petrochemicals, helium, and sulfur are expected to create significant supply chain impacts in the coming weeks and months. The IEA has taken three key actions to address the crisis. On March 11, the agency released 400 million barrels of oil to markets, which temporarily reduced prices by approximately $20. The organization has also issued guidance to governments and citizens on curbing oil demand through measures such as teleworking, public transportation, and speed limits. Despite these efforts, Birol acknowledged that the measures only provide temporary relief. “Whatever we do, we are reducing the pain. We are not solving the problem,” he stated. The IEA chief emphasized that the crisis will require extended recovery time even after any ceasefire or settlement is reached. Birol identified the opening of the Strait of Hormuz as the single most important solution to the crisis. He also expressed gratitude to Singapore’s Minister Tan for assisting regional countries with product supplies during this critical period. More on State Street® Energy Select Sector SPDR® ETF A Primer On Putting Energy ...
First quarter Service revenue of $45.1 million was $4.2 million, or 10%, higher than the same quarter of 2025. Adjusted diluted earnings per share of $0.19 was a $0.21 improvement compared to the same quarter of 2025 First quarter Income before income taxes and non-controlling interests of $0.4 million was a $4.9 million improvement compared to the same quarter of 2025 First quarter Net loss attri...
First quarter Service revenue of $45.1 million was $4.2 million, or 10%, higher than the same quarter of 2025. Adjusted diluted earnings per share of $0.19 was a $0.21 improvement compared to the same quarter of 2025 First quarter Income before income taxes and non-controlling interests of $0.4 million was a $4.9 million improvement compared to the same quarter of 2025 First quarter Net loss attributable to Altisource of $0.6 million was a $4.7 million improvement compared to the same quarter of 2025 First quarter Diluted loss per share of $(0.06) was a $0.68 improvement compared to the same quarter of 2025 More on Altisource Portfolio Altisource Portfolio Solutions S.A. 2025 Q4 - Results - Earnings Call Presentation Altisource Portfolio Solutions S.A. (ASPS) Q4 2025 Earnings Call Transcript Altisource Portfolio Q1 2026 Earnings Preview Altisource outlines 2026 guidance with service revenue growth of up to $185M as Hubzu inventory surges 137% Seeking Alpha’s Quant Rating on Altisource Portfolio
Independent Bank press release ( IBCP ): Q1 GAAP EPS of $0.81 beats by $0.02 . Revenue of $58.91M (+8.9% Y/Y) beats by $8.01M . A net interest margin of 3.65% (three basis point increase from the linked quarter). Increase in tangible common equity per share of common stock of $0.33 (or 5.9% annualized) from December 31, 2025; A return on average assets and a return on average equity of 1.24% and 1...
Independent Bank press release ( IBCP ): Q1 GAAP EPS of $0.81 beats by $0.02 . Revenue of $58.91M (+8.9% Y/Y) beats by $8.01M . A net interest margin of 3.65% (three basis point increase from the linked quarter). Increase in tangible common equity per share of common stock of $0.33 (or 5.9% annualized) from December 31, 2025; A return on average assets and a return on average equity of 1.24% and 13.43%, respectively; Net growth in total deposits, less brokered time deposits, of $80.4 million (or 6.9% annualized) from December 31, 2025; Net growth in loans of $31.8 million (or 3.0% annualized) from December 31, 2025; An increase in the tangible common equity ratio to 8.7%; and The payment of a $0.28 per share quarterly dividend on common stock on February 13, 2026. More on Independent Bank Independent Bank Corporation (IBCP) HCB Financial Corp. - M&A Call - Slideshow Independent Bank Corporation (IBCP) M&A Call Transcript Independent Bank to acquire HCB Financial in $70.2M deal Seeking Alpha’s Quant Rating on Independent Bank Historical earnings data for Independent Bank
The TPU 8t and TPU 8i, Google’s eighth-generation chips, will be available later this year. Nvidia shares fell 0.6% to $201.37 in premarket trading Thursday after closing up 1.3% during Wednesday’s session. Although Google’s TPUs have posed the biggest challenge to Nvidia’s AI processor dominance so far, the rivalry is still a largely amicable one.
The TPU 8t and TPU 8i, Google’s eighth-generation chips, will be available later this year. Nvidia shares fell 0.6% to $201.37 in premarket trading Thursday after closing up 1.3% during Wednesday’s session. Although Google’s TPUs have posed the biggest challenge to Nvidia’s AI processor dominance so far, the rivalry is still a largely amicable one.
Maybe Tesla should try missing earnings expectations. For the second consecutive quarter, Tesla beat Wall Street’s bottom-line earnings estimates, and the stock fell. Tesla stock dropped 3.5% after the company reported better-than-expected fourth-quarter numbers in January.
Maybe Tesla should try missing earnings expectations. For the second consecutive quarter, Tesla beat Wall Street’s bottom-line earnings estimates, and the stock fell. Tesla stock dropped 3.5% after the company reported better-than-expected fourth-quarter numbers in January.
Sundry Photography/iStock Editorial via Getty Images ServiceNow ( NOW ) fell 13% in premarket trading Thursday after investors weighed first-quarter results that included a weaker-than-expected gross margin outlook, putting exchange-traded funds with notable exposure to the stock in focus. For the quarter ended March 31, ServiceNow reported adjusted EPS of $0.97, in line with estimates, while reve...
Sundry Photography/iStock Editorial via Getty Images ServiceNow ( NOW ) fell 13% in premarket trading Thursday after investors weighed first-quarter results that included a weaker-than-expected gross margin outlook, putting exchange-traded funds with notable exposure to the stock in focus. For the quarter ended March 31, ServiceNow reported adjusted EPS of $0.97, in line with estimates, while revenue rose 22% to $3.77B, topping the $3.75B consensus. For the full year, ServiceNow sees a subscription-adjusted gross margin of 81.5%, below the 82.1% estimate, citing recent acquisitions, with normalization expected by 2027. “The 14% drop in after-market trading was a fear-driven reaction. The evidence for this is quite simple: two things drove the market’s reaction. On the one hand, the Gross Margin has declined from 83% in Q2 2024 to 79.5% in Q1 2026. On the other hand, the time it takes to close big contracts has been delayed due to the war in the Middle East. Both of these are legitimate issues; however, both need to be placed in perspective,” explained SA analyst Agar Capital. “Margin pressure is short-term, driven by Armis integration, and large deal delays are timing-related, not indicative of structural demand weakness,” Agar Capital added . The share price decline has shifted investor focus to ETFs with significant exposure to ServiceNow, with 24 funds listing the stock among their top 15 holdings. Dana Unconstrained Equity ETF ( DUNK ), 9.73% allocation FINQ Dollar Neutral U.S. Large Cap AI-Managed Equity ETF ( AINT ), 8.48% allocation Trenchless Fund ETF ( RVER ), 8.19% allocation Formidable Fortress ETF ( KONG ), 5.46% allocation FINQ FIRST U.S. Large Cap AI-Managed Equity ETF ( AIUP ), 4.79% allocation iShares Expanded Tech-Software Sector ETF ( IGV ), 4.33% allocation SoFi Agentic AI ETF ( AGIQ ), 4.29% allocation Fidelity Cloud Computing ETF ( FCLD ), 4.13% allocation Honeytree U.S. Equity ETF ( BEEZ ), 4.11% allocation Themes Cloud Computing ETF ( CLOD ), ...
Mullen Group press release ( MLLGF ): Q1 Non-GAAP EPS of $0.20. Revenue of $547.7M. More on Mullen Group Mullen Group Ltd. (MTL:CA) Q4 2025 Earnings Call Transcript Mullen Group approved to repurchase up to 8.92M common shares over one year Historical earnings data for Mullen Group Dividend scorecard for Mullen Group Financial information for Mullen Group
Mullen Group press release ( MLLGF ): Q1 Non-GAAP EPS of $0.20. Revenue of $547.7M. More on Mullen Group Mullen Group Ltd. (MTL:CA) Q4 2025 Earnings Call Transcript Mullen Group approved to repurchase up to 8.92M common shares over one year Historical earnings data for Mullen Group Dividend scorecard for Mullen Group Financial information for Mullen Group
ICC judges say there are substantial grounds to believe Duterte guided anti-drugs crackdown that killed thousands The former president of the Philippines, Rodrigo Duterte , will face trial at the international criminal court (ICC) after judges unanimously confirmed charges of crimes against humanity over his “war on drugs”. Pre-trial judges concluded on Thursday that there were substantial grounds...
ICC judges say there are substantial grounds to believe Duterte guided anti-drugs crackdown that killed thousands The former president of the Philippines, Rodrigo Duterte , will face trial at the international criminal court (ICC) after judges unanimously confirmed charges of crimes against humanity over his “war on drugs”. Pre-trial judges concluded on Thursday that there were substantial grounds to believe Duterte was responsible for the crimes against humanity of murder and attempted murder in relation to anti-drugs crackdowns that led to the killing of thousands of people. Continue reading...
tadamichi PENN Entertainment ( PENN ) traded higher in early action on Thursday after the casino company slid past consensus estimates with its first-quarter earnings report. PENN ( PENN ) said it generated revenue of $1.4B in the retail segment and adjusted EBITDAR of $471.4M. The quarter included increased visitation and higher spending per visit company-wide. Casinos in the Northeast, West, and...
tadamichi PENN Entertainment ( PENN ) traded higher in early action on Thursday after the casino company slid past consensus estimates with its first-quarter earnings report. PENN ( PENN ) said it generated revenue of $1.4B in the retail segment and adjusted EBITDAR of $471.4M. The quarter included increased visitation and higher spending per visit company-wide. Casinos in the Northeast, West, and Midwest generated more revenue than a year ago. The company's interactive segment narrowed its adjusted EBITDA loss to $10.8M on revenue of $358.3M. Continued online casino growth combined with positive trends in Ontario were noted to be driving momentum as PENN ( PENN ) prepares for the anticipated July 13 launch of regulated iCasino and online sports betting in Alberta. Non-GAAP EPS of $0.11 topped the consensus estimate by $0.12 and was well above last year's mark of -$0.25. "We are executing on the plan we outlined last quarter, driving retail and interactive growth, optimizing corporate overhead, making disciplined capital investments, and continuing to delever," highlighted CEO Jay Snowden. Shares of PENN ( PENN ) were up 2.2% in premarket trading. More on PENN Entertainment PENN Entertainment, Inc. 2025 Q4 - Results - Earnings Call Presentation PENN Entertainment, Inc. (PENN) Q4 2025 Earnings Call Transcript PENN Entertainment: The Market Gave Up, But Maybe Too Early PENN Entertainment Non-GAAP EPS of $0.11 beats by $0.12, revenue of $1.78B beats by $30M PENN Entertainment Q1 2026 Earnings Preview
Countless Tesla Inc. customers who paid thousands of dollars for autonomous-driving capability lack the necessary hardware in their vehicles, leading Elon Musk to outline options for redress that likely will be costly for the company. The chief executive officer acknowledged during Tesla’s quarterly earnings call Wednesday that millions of cars were built with computers and cameras that aren’t up ...
Countless Tesla Inc. customers who paid thousands of dollars for autonomous-driving capability lack the necessary hardware in their vehicles, leading Elon Musk to outline options for redress that likely will be costly for the company. The chief executive officer acknowledged during Tesla’s quarterly earnings call Wednesday that millions of cars were built with computers and cameras that aren’t up to the task of driving without human supervision. The shortcomings apply to an older set of equipment, called Hardware 3, that Tesla installed in vehicles from early 2019 through early 2023. “I wish it were otherwise, but Hardware 3 simply does not have the capability to achieve unsupervised FSD,” Musk said, referring to the suite of features Tesla markets as Full Self-Driving. To make amends with customers who bought FSD for cars that are deficient, Tesla will offer two options. The first will be to trade in their vehicle for a new model with upgraded hardware, Musk said. Alternatively, owners will be able to take their car in to small factories the company will set up in major metropolitan areas for retrofits. Read More: Tesla Boosts Spending Plan to $25 Billion for AI, Robotics Push “If it’s done just at the service center, it is extremely slow to do so and inefficient,” Musk told analysts. Tesla will need “many production lines” to replace the computer and cameras on board the vehicles, he said. Musk didn’t address how many customers will be eligible for the trade-ins or retrofits, or offer details including where the microfactories will be located. He and several other Tesla executives didn’t respond to emailed follow-up questions. Tesla shares erased after-hours gains during the company’s earnings call and fell as much as 3.6% before the start of regular trading Thursday. The stock has fallen 21% from a record high in mid-December.
Tesla CEO Elon Musk is asking investors to take a leap of faith on his costly bets in self-driving technology and humanoid robots that have yet to generate meaningful revenue. It raises a key question for investors: whether Tesla's rising spending can be justified without the kind of established, high-margin cash engines that allow Big Tech peers to fund bigger investments. "If you think that E...
Tesla CEO Elon Musk is asking investors to take a leap of faith on his costly bets in self-driving technology and humanoid robots that have yet to generate meaningful revenue. It raises a key question for investors: whether Tesla's rising spending can be justified without the kind of established, high-margin cash engines that allow Big Tech peers to fund bigger investments. "If you think that Elon Musk's view that Optimus will be ultimately their most worthy, most value-creating platform, and you think you're skeptical, then the capex doesn't make sense, and it's probably not a good investment," said Seth Goldstein, a Morningstar analyst, on Tesla's humanoid robot, a still-in-development system Musk has said could be mass-produced.