A recent report by South Korea’s National Intelligence Service suggests Kim Jong-un has selected his daughter, Ju-ae (or possibly Ju-hae), to succeed him as North Korea’s supreme leader. This is not the first time analysts have had to consider if North Korea, supposedly the most traditionalist of communist states, could have a female leader, but it is the most definitive. In 2020, Kim spent three ...
A recent report by South Korea’s National Intelligence Service suggests Kim Jong-un has selected his daughter, Ju-ae (or possibly Ju-hae), to succeed him as North Korea’s supreme leader. This is not the first time analysts have had to consider if North Korea, supposedly the most traditionalist of communist states, could have a female leader, but it is the most definitive. In 2020, Kim spent three weeks out of the spotlight, including missing the April 15 birth celebration of his grandfather, Kim...
Watch: Israel Neutralizes Hezbollah Missiles With Game-Changing "Iron Beam" Hezbollah opened a new front in the broadening U.S.-Israeli war with Iran overnight, launching a barrage of missiles and kamikaze drone swarms at an Israeli military base in northern Israel. Footage of one of those missile launches posted on X by the Israeli Public Broadcasting Corporation (IPBC) shows what appears to be s...
Watch: Israel Neutralizes Hezbollah Missiles With Game-Changing "Iron Beam" Hezbollah opened a new front in the broadening U.S.-Israeli war with Iran overnight, launching a barrage of missiles and kamikaze drone swarms at an Israeli military base in northern Israel. Footage of one of those missile launches posted on X by the Israeli Public Broadcasting Corporation (IPBC) shows what appears to be some of those Hezbollah missiles prematurely exploding moments after launch. IPBC explained that the apparent misfires were due to the "Interception of the Rocket from Lebanon Carried Out Using the "Iron Beam" Laser System." ⚡HISTORIC: For the first time ever, Israel used the Iron Beam to intercept rockets fired by Hezbollah. pic.twitter.com/DU63REU22k — Israel War Room (@IsraelWarRoom) March 2, 2026 We reported last fall that Israel Defense Forces rolled out its new high-powered laser defense system, known as the "Iron Beam." The laser-based air defense system was developed by Rafael and built to complement the Iron Dome missile defense shield. Instead of launching expensive interceptor missiles, it uses a high-energy laser to destroy short-range threats such as rockets, mortar rounds, and drones. The footage likely shows the 100 kW-class Iron Beam in action, able to neutralize incoming projectiles for only a few dollars per shot, versus roughly $100,000 for a traditional interceptor rocket. 11 Patriots cost $44M. They downed a $250K Iranian missile. The math is brutal. Video shows intercepts over Haifa as Israel counters more waves. pic.twitter.com/QO43UiWYu0 — Brandon Straka #WalkAway (@BrandonStraka) March 2, 2026 One of the major problems for U.S. and Israeli forces is that the cost per counter-missile and drone is extraordinarily expensive and uneconomical if the war dragged on for a prolonged period of time. Related: War Stocks Jump: These Firms Have The Most Middle East Exposure But there is a big caveat, per the Times of Israel: "The main downside of a laser system ...
Cotton futures posted losses of 90 to 102 points in the front months on Monday. Crude oil was up $4.01 on the day following the US/Israel strikes on Iran over the weekend, but just over $4 off the overnight highs. The US dollar index was $0.940 higher at $98.505. Uncertainty...
Cotton futures posted losses of 90 to 102 points in the front months on Monday. Crude oil was up $4.01 on the day following the US/Israel strikes on Iran over the weekend, but just over $4 off the overnight highs. The US dollar index was $0.940 higher at $98.505. Uncertainty...
Soybeans were 5 to 8 cents lower in the front months on Monday, with new crop contracts fractionally higher. There were another 158 deliveries issued on Friday evening. The cmdtyView national average Cash Bean price was down 2 cents at $10.91 1/4. Soymeal futures fell $2.30 to $7.60 lower, with...
Soybeans were 5 to 8 cents lower in the front months on Monday, with new crop contracts fractionally higher. There were another 158 deliveries issued on Friday evening. The cmdtyView national average Cash Bean price was down 2 cents at $10.91 1/4. Soymeal futures fell $2.30 to $7.60 lower, with...
The wheat complex was in give back mode on Monday, with all three markets weaker. Chicago SRW futures were down 14 to 17 cents across most contracts. KC HRW futures were down 5 to 6 cents at the close. MPLS spring wheat as down 1 to 3 cents on Monday....
The wheat complex was in give back mode on Monday, with all three markets weaker. Chicago SRW futures were down 14 to 17 cents across most contracts. KC HRW futures were down 5 to 6 cents at the close. MPLS spring wheat as down 1 to 3 cents on Monday....
State laws had limited sharing of information with parents about gender identity of trans students in public schools The US supreme court has decided to block a series of California laws that can limit the sharing of information with parents about the gender identity of transgender students in public schools. This ruling marks a victory for parents who challenged these protections on religious an...
State laws had limited sharing of information with parents about gender identity of trans students in public schools The US supreme court has decided to block a series of California laws that can limit the sharing of information with parents about the gender identity of transgender students in public schools. This ruling marks a victory for parents who challenged these protections on religious and due process grounds. The emergency request was granted on Monday and the decision was made along party lines, with the three liberal justices dissenting. Continue reading...
LOS ANGELES, March 03, 2026--Glancy Prongay Wolke & Rotter LLP ("GPWR") announces that two matters the Firm litigated are spotlighted in Broadridge’s 2026 Global Class Action Annual Report among the "top 10 most complicated class action asset recovery opportunities of 2025": Alibaba Group Holding Ltd. Securities Litigation ($433.5M) and ViacomCBS (Archegos) Securities Litigation ($120M).
LOS ANGELES, March 03, 2026--Glancy Prongay Wolke & Rotter LLP ("GPWR") announces that two matters the Firm litigated are spotlighted in Broadridge’s 2026 Global Class Action Annual Report among the "top 10 most complicated class action asset recovery opportunities of 2025": Alibaba Group Holding Ltd. Securities Litigation ($433.5M) and ViacomCBS (Archegos) Securities Litigation ($120M).
Earnings Call Insights: Senseonics Holdings, Inc. (SENS) Q4 2025 Management View Tim Goodnow, President and CEO, highlighted that "2025 was certainly a year of transformation at Senseonics," citing the transition to a fully integrated developer, manufacturer, and seller of Eversense, the approval of Eversense 365 in the U.S. and EU, and a 60% year-over-year revenue growth to over $35 million. Good...
Earnings Call Insights: Senseonics Holdings, Inc. (SENS) Q4 2025 Management View Tim Goodnow, President and CEO, highlighted that "2025 was certainly a year of transformation at Senseonics," citing the transition to a fully integrated developer, manufacturer, and seller of Eversense, the approval of Eversense 365 in the U.S. and EU, and a 60% year-over-year revenue growth to over $35 million. Goodnow emphasized, "By bringing the sales, customer service, marketing and sales operations functions in-house, we both eliminate revenue sharing with Ascensia and have the opportunity to respond quickly to meet the needs of people with diabetes." Goodnow noted the successful integration with Sequel's twiist automated insulin delivery system, enabling Eversense 365 to provide year-long CGM data to insulin pumps. He also underscored improvements in financials, a capital raise, a reverse stock split, and a NASDAQ uplisting. Brian Hansen, Chief Commercial Officer, expressed confidence in the ongoing transition, stating, "We were very happy to see nearly 100% of the employees transition with us," and described a strategic focus on direct-to-consumer (DTC) marketing, with planned DTC spend of $12 million to $15 million in 2026, spread more evenly across the year. Hansen set a goal to "double our patient base once again" in 2026 and reported that the number of providers prescribing Eversense grew more than 80% year-over-year. Frederick Sullivan, CFO, shared, "In the fourth quarter of 2025, net revenue grew 72% to $14.3 million compared to $8.3 million in the prior year period." He explained the anticipated recognition of 100% of revenues going forward, outlined the impact of the commercial transition on gross profit, and detailed SG&A and R&D expense trends. Sullivan provided guidance: "We expect full year 2026 global net revenue to be approximately $58 million to $62 million, representing year-over-year growth of 65% to 76%." Outlook Management expects 2026 global net revenue of ap...
Earnings Call Insights: Ouster, Inc. (OUST) Q4 2025 Management View Angus Pacala, Co-founder, CEO & Director, reported "Our fourth quarter revenue of $62 million, including $41 million of product revenue, reflects the continued demand we see across our lidar business and represents our 12th straight quarter of product revenue growth." He emphasized the record shipment of over 8,100 sensors and sta...
Earnings Call Insights: Ouster, Inc. (OUST) Q4 2025 Management View Angus Pacala, Co-founder, CEO & Director, reported "Our fourth quarter revenue of $62 million, including $41 million of product revenue, reflects the continued demand we see across our lidar business and represents our 12th straight quarter of product revenue growth." He emphasized the record shipment of over 8,100 sensors and stated, "GAAP gross margin was strong at 60%." Pacala highlighted the scaling of the software attached business, noting that software attached bookings more than doubled in 2025 and represented over 15% of sensors shipped, up over 120% year-on-year. The CEO described the deployment of AI models at "over 1,200 Gemini and BlueCity sites, spanning over 65 million square feet of roadways and facilities around the world." Pacala also spotlighted major product advances, with four new SDK versions, on-sensor 3D zone monitoring, and real-time localization enabling new use cases and increased customer adoption. He announced the successful integration of StereoLabs, calling it "a pioneer in AI camera vision and perception solutions," and positioning Ouster as "the foundational end-to-end sensing and perception platform for physical AI." Kenneth Gianella, Chief Financial Officer, stated, "Operating results were strong with revenue of $62 million, GAAP gross margin of 60% and shipments of over 8,100 sensors." Gianella disclosed, "During the quarter, we recorded royalties of approximately $21 million that were primarily onetime and related to long-term IP license contracts." He added, "For 2026, total royalty revenue is expected to be less than $5 million, with the majority of that amount expected to be recognized in the back half of the year." Gianella also commented on the balance sheet: "ending the quarter with cash, cash equivalents, restricted cash and short-term investments of $211 million and no debt." Outlook Gianella provided guidance for Q1 2026, stating, "we expect to achieve to...
The multibillion dollar ramp-up in loans by Asian banks to the Middle East faces growing uncertainty as Iran’s escalating conflict raises the risk of broader financial fallout. Asian and Chinese banks , which have emerged as the Gulf’s top financiers, extended more than $15 billion in loans last year — a record high and triple the previous year — with most of the capital flowing to Saudi Arabia an...
The multibillion dollar ramp-up in loans by Asian banks to the Middle East faces growing uncertainty as Iran’s escalating conflict raises the risk of broader financial fallout. Asian and Chinese banks , which have emerged as the Gulf’s top financiers, extended more than $15 billion in loans last year — a record high and triple the previous year — with most of the capital flowing to Saudi Arabia and the United Arab Emirates, according to Bloomberg-compiled data. That surge now faces a critical test, as the Iran crisis threatens to reshape lending strategies and cast uncertainty over the banks’ pursuit of opportunities in the region. At the same time, the escalating conflict threatens to complicate Saudi Arabia’s $2 trillion economic transformation and the UAE’s ambitious infrastructure drive — both heavily dependent on foreign capital. “It really depends on how badly the conflicts will go,” said Gary Ng , senior economist at Natixis SA . “Banks may control the exposure and demand a higher interest rate but not necessarily exit” if the situation is contained, he added. For now, most Asian banks are adopting a wait-and-see approach, though early signs suggest some are considering pausing deals with Gulf borrowers, following missile strikes by the US and Israel that killed Iran’s Supreme Leader. Risk limits for Middle Eastern exposure are also likely to be reassessed in the near-to-mid term, according to people familiar with the matter. Abu Dhabi National Oil Co. , the UAE’s biggest oil producer, has halted plans to market its first-ever yuan-denominated bond, which could have raised as much as 14 billion yuan ($2 billion). Separately, a Gulf financial institution had sought a multibillion-dollar loan from Chinese investors in recent weeks, but the deal appears unlikely to proceed for now, separate people familiar with the matter said. Chinese banks’ headquarters could be reluctant to approve transactions from the region at present, they said, asking not to be identifie...