March 2 (Reuters) - Apple on Monday launched iPhone 17e, its more affordable smartphone model that starts at a price of $599 with 256 gigabytes of storage, as it looks to defend its share in a
March 2 (Reuters) - Apple on Monday launched iPhone 17e, its more affordable smartphone model that starts at a price of $599 with 256 gigabytes of storage, as it looks to defend its share in a
German defense technology firm Vincorion is set to begin formally marketing its initial public offering in Frankfurt this week, despite equity markets being roiled by conflict in the Middle East, people familiar with the matter said. The case for Vincorion’s IPO is strengthened by its key role in creating a custom power supply for the Patriot missile defense system, which is being deployed by coun...
German defense technology firm Vincorion is set to begin formally marketing its initial public offering in Frankfurt this week, despite equity markets being roiled by conflict in the Middle East, people familiar with the matter said. The case for Vincorion’s IPO is strengthened by its key role in creating a custom power supply for the Patriot missile defense system, which is being deployed by countries across the region to counter attacks from Iran, one of the people said, asking not to be identified discussing private information. The IPO could look to raise about €300 million ($351 million), valuing the company at more than €1 billion, the people said. Stocks tumbled and oil prices soared on Monday, as military strikes intensified across the Middle East after the US and Israel conducted weekend strikes on Iran. Volatile equity markets are usually considered to be highly unfavorable for IPO launches. In Vincorion’s case, its Frankfurt-listed defense peers Renk Group AG and Hensoldt AG traded higher on Monday, suggesting potentially strong demand for its shares. Star Capital-backed Vincorion is considering an accelerated timetable for the offering, the people said, mirroring a technique used by ammunition maker CSG NV to hold its €3.8 billion IPO during a volatile period earlier this year. No final decisions have been made and the timing and size of the IPO could still change, especially given the fast-moving news cycle, they said. Europe’s market for IPOs had already turned highly thematic in recent weeks. Offerings in the so-called old economy — such as defense and industrials — were seen as more likely to go ahead, in the wake of a selloff in software stocks fueled by concerns around artificial intelligence-related disruption. Livingbridge-backed online travel agent Loveholidays is considering a delay to its London IPO launch expected this month in the wake of the events over the weekend, the people said. Shares in London-listed peers including On the Beach Group...
Klaus Vedfelt Investors should maintain their focus on economic fundamentals rather than getting distracted by geopolitical headlines, according to Oppenheimer Asset Management’s Chief Investment Strategist John Stoltzfus. Stoltzfus acknowledged that an outbreak of hostilities in the Middle East over the weekend—following U.S. and Israeli attacks on Iran—is likely to create market uncertainty that...
Klaus Vedfelt Investors should maintain their focus on economic fundamentals rather than getting distracted by geopolitical headlines, according to Oppenheimer Asset Management’s Chief Investment Strategist John Stoltzfus. Stoltzfus acknowledged that an outbreak of hostilities in the Middle East over the weekend—following U.S. and Israeli attacks on Iran—is likely to create market uncertainty that could persist for some time. However, he urged investors to stay focused on “the signal and not the noise.” The strategist pointed to key economic data due this week that should provide clarity on the outlook, including ISM manufacturing and services surveys and Friday’s non-farm payrolls report. Bloomberg’s median estimate calls for a gain of 60,000 jobs in February, less than half of January’s 130,000, with unemployment expected to hold steady at 4.3%. Stoltzfus noted that historically, market reactions to military actions tend to be “relatively short-lived.” Once markets factor in immediate risks, they typically rally as investors consider restocking of defense equipment, rebuilding needs, and normal economic activity. Oil prices, which closed at $67.02 on February 27, may climb higher following the weekend’s developments, with some analysts predicting crude could reach $100 per barrel. However, OPEC+ has already called for increased production to help restrain prices. On the earnings front, the Q4 2025 season continues to show better-than-expected results. With 96% of S&P 500 companies having reported, earnings growth has reached 12.1% on revenue gains of 9.3%, beating pre-quarter estimates of 8.3% growth. Oppenheimer maintains its year-end 2026 S&P 500 ( SP500 ) target of 8,100, based on projected earnings of $305. More on markets S&P 500 See-Saws As Geopolitical Tensions Build Dollar Jumps On War, But Treasuries Are No Safe Haven Weekly Market Pulse: Keep Calm And Carry On Short-lived oil spike most likely, but sustained disruptions possible, SocGen says Iran could e...
Apple Inc. rolled out the iPhone 17e, the latest version of its lower-end smartphone, and a faster version of the iPad Air, kicking off a wave of new products. The updated phone, which arrives one year after the iPhone 16e, includes a faster processor, new in-house wireless chips and MagSafe magnetic charging. The device, which is still priced at $599, comes in pink, black and white options. It al...
Apple Inc. rolled out the iPhone 17e, the latest version of its lower-end smartphone, and a faster version of the iPad Air, kicking off a wave of new products. The updated phone, which arrives one year after the iPhone 16e, includes a faster processor, new in-house wireless chips and MagSafe magnetic charging. The device, which is still priced at $599, comes in pink, black and white options. It also has more durable glass on the front, matching the iPhone 17. The overall look of the 17e — and 6.1-inch screen size — is unchanged from last year’s 16e. The device remains slightly smaller than the 6.3-inch iPhone 17, which starts at $799. The iPhone 17e continues to have a single 48-megapixel rear camera, similar to the iPhone Air. The 17e includes the A19 chip — the same processor that’s in the regular iPhone 17 from last year — as well as Apple’s in-house C1X cellular modem component. That’s an upgrade from the C1 in last year’s 16e. It also starts with 256 gigabytes of storage, double last year’s entry-level offering. Read More: Apple Prepares to Kick Off 2026 With the iPhone 17e, New iPads and Macs The new iPad Air looks identical to last year’s models but moves from the M3 processor to the M4. The new chip makes the tablet 30% faster, according to Apple. The updated tablet also includes the in-house C1X modem, N1 wireless chip and support for Wi-Fi 7 connectivity. The 11-inch version of the iPad Air continues to be priced at $599 and the 13-inch model stays at $799. Both start with 128 gigabytes of space. Apple has also been working on a new entry-level iPad with a faster chip, Bloomberg News has reported . The new iPhone and tablet kicks off several days of new products, a wave that’s expected to continue on Tuesday and Wednesday. Apple has also been planning to introduce new laptops this week, including its first-entry level MacBook with an iPhone-grade chip. Both the iPhone 17e and new iPad Air become available for pre-order on March 4 and arrive in stores on Ma...
(RTTNews) - Dyne Therapeutics, Inc. (DYN) reported a fourth quarter net loss of $112.0 million, or $0.76 per share compared with a net loss of $89.5 million, or $0.88 per share, a year ago. Research and development expenses were $95.4 million and $81.8 million for the quarters en
(RTTNews) - Dyne Therapeutics, Inc. (DYN) reported a fourth quarter net loss of $112.0 million, or $0.76 per share compared with a net loss of $89.5 million, or $0.88 per share, a year ago. Research and development expenses were $95.4 million and $81.8 million for the quarters en
Amazon.com stock performance at a glance Amazon.com (AMZN) has recently seen mixed share performance, with a small 1 day gain of 1.0% contrasting with a flat past week and declines over the past month and past 3 months. Over longer horizons, total return figures show a small 1 year decline, alongside very large 3 year gains and a 40.0% 5 year increase. This gives investors a wide range of referenc...
Amazon.com stock performance at a glance Amazon.com (AMZN) has recently seen mixed share performance, with a small 1 day gain of 1.0% contrasting with a flat past week and declines over the past month and past 3 months. Over longer horizons, total return figures show a small 1 year decline, alongside very large 3 year gains and a 40.0% 5 year increase. This gives investors a wide range of reference points for assessing the current share price. See our latest analysis for Amazon.com. With the...
US Defense Secretary Pete Hegseth says defensive assets were sent to the region ahead of the war with Iran. General Dan Caine, joint chiefs of staff chairman, says three US Air Force F-15 Strike Eagles were lost in the region and not due to hostile enemy fire. They speak at the Pentagon. (Source: Bloomberg)
US Defense Secretary Pete Hegseth says defensive assets were sent to the region ahead of the war with Iran. General Dan Caine, joint chiefs of staff chairman, says three US Air Force F-15 Strike Eagles were lost in the region and not due to hostile enemy fire. They speak at the Pentagon. (Source: Bloomberg)
Bandwidth ( BAND ) will repurchase $100M of its 0.50% Convertible Senior Notes due 2028 at a discount, paid in cash. The company’s 0.25% Convertible Senior Notes due 2026 matured on March 1, 2026 and were fully retired using cash on hand. Following the repurchase, about $150M of the 2028 Notes will remain outstanding from the original $250M issuance. The move supports Bandwidth’s capital allocatio...
Bandwidth ( BAND ) will repurchase $100M of its 0.50% Convertible Senior Notes due 2028 at a discount, paid in cash. The company’s 0.25% Convertible Senior Notes due 2026 matured on March 1, 2026 and were fully retired using cash on hand. Following the repurchase, about $150M of the 2028 Notes will remain outstanding from the original $250M issuance. The move supports Bandwidth’s capital allocation strategy, including AI investment, an $80M share buyback program, and accelerated debt reduction. The repurchases are expected to close on March 4, 2026. More on Bandwidth Bandwidth: 2026 Growth Acceleration To Fuel A Rebound Rally Bandwidth Inc. (BAND) Q4 2025 Earnings Call Transcript Bandwidth Inc. 2025 Q4 - Results - Earnings Call Presentation Bandwidth outlines 16% revenue growth target for 2026 amid accelerating enterprise AI adoption and $80M share repurchase program Bandwidth reports mixed Q4 results; initiates Q1 and FY26 outlook
Multiple class action lawsuits allege Oracle (NYSE:ORCL) misled investors about its AI infrastructure strategy and data center capabilities. Filings highlight concerns around heavy AI related capital spending, debt funded expansion, and concentration risk tied to large customers such as OpenAI. Plaintiffs claim Oracle did not fully communicate potential risks linked to its AI infrastructure commit...
Multiple class action lawsuits allege Oracle (NYSE:ORCL) misled investors about its AI infrastructure strategy and data center capabilities. Filings highlight concerns around heavy AI related capital spending, debt funded expansion, and concentration risk tied to large customers such as OpenAI. Plaintiffs claim Oracle did not fully communicate potential risks linked to its AI infrastructure commitments and customer exposure. Oracle is positioned at the center of the race to provide AI ready...