Amazon (NasdaqGS:AMZN) agreed to acquire satellite operator Globalstar for US$11.6b. The deal is aimed at building direct to device connectivity and competing with SpaceX's Starlink. The transaction includes Globalstar's existing satellites, spectrum rights, and current commercial partnerships. For you as an investor, this move takes Amazon further beyond its core e commerce marketplace and AWS cl...
Amazon (NasdaqGS:AMZN) agreed to acquire satellite operator Globalstar for US$11.6b. The deal is aimed at building direct to device connectivity and competing with SpaceX's Starlink. The transaction includes Globalstar's existing satellites, spectrum rights, and current commercial partnerships. For you as an investor, this move takes Amazon further beyond its core e commerce marketplace and AWS cloud operations into space based communications. The acquisition plugs Amazon directly into a...
US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, April 12, 2026. Trump attacked Pope Leo XIV for his criticisms of the US-Israeli war on Iran, calling the leader of the Catholic Church "WEAK on crime." Photographer: Bonnie Cash/UPI/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images U.S. derivatives regu...
US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, April 12, 2026. Trump attacked Pope Leo XIV for his criticisms of the US-Israeli war on Iran, calling the leader of the Catholic Church "WEAK on crime." Photographer: Bonnie Cash/UPI/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images U.S. derivatives regulators are examining a handful of unusual oil futures trades that took place minutes before a surprise announcement by President Donald Trump signaling a pause in attacks on Iran, according to Bloomberg News. The investigation is being spearheaded by the Commodity Futures Trading Commission, which is scrutinizing activity on trading venues run by CME Group and Intercontinental Exchange, Bloomberg reported, citing people familiar with the matter. Both exchanges have been asked to turn over pertinent records. Regulators are zeroing in on at least two instances over a roughly two-week period when trading volumes jumped sharply just ahead of key announcements. The information sought includes so-called Tag 50 identifiers, which can be used to determine who was behind the trades, the people said. The CFTC, ICE and CME didn't immediately respond to a CNBC request for comments. CNBC previously reported on the suspicious activity on March 23 when S&P 500 e-mini futures and West Texas Intermediate May crude futures saw a sudden and isolated surge in volume in otherwise muted premarket trading. About 15 minutes later, Trump said on Truth Social that the U.S. and Iran had held talks and that he was halting planned strikes on Iranian power plants and energy infrastructure. The announcement triggered an immediate reaction across markets, with S&P 500 futures jumping more than 2.5% ahead of the open, and WTI crude oil futures tumbling nearly 6%. The sudden, simultaneous spikes in volume in stock-index and crude futures raised eyebrows among traders, particularly as they came without any c...
Target shares are surging in 2026, putting it on track to snap four straight years of losses – and analysts say the rally could pick up steam as the retailer overhauls its corporate strategy. The big-box store, which saw its shares plunge nearly 28% in 2025, is up about 26% this year. The company is in the midst of a revamp , which it announced in March. In a bid to bring in more shoppers, Target ...
Target shares are surging in 2026, putting it on track to snap four straight years of losses – and analysts say the rally could pick up steam as the retailer overhauls its corporate strategy. The big-box store, which saw its shares plunge nearly 28% in 2025, is up about 26% this year. The company is in the midst of a revamp , which it announced in March. In a bid to bring in more shoppers, Target will expand the offerings in its grocery department, as well as roll out a dedicated display for high-end cosmetics and offer a wider range of sports merchandise. "Initially an optionality stock idea; we now see a path to a credible improvement story," Morgan Stanley analyst Simeon Gutman said Tuesday in a note to clients. "TGT's turnaround starts with winning back guests/foot traffic, which takes time, but is happening." Morgan Stanley reiterated its overweight rating on Target. It has a $145 price target on shares, suggesting 21% upside from Tuesday's close. The retailer's overhaul has also prompted Jefferies analyst Corey Tarlowe to be more bullish on Target. The analyst noted that the company's recovery seems largely misunderstood by his peers on the Street. "The market is ~largely treating TGT as a slow comp recovery in '26, but the earnings opportunity is likely misframed," Tarlowe said Wednesday in a note to clients. Jefferies has a buy rating on Target. It has a $140 price target on shares, implying 17% upside. Target's turnaround comes after the company posted several sales declines in key categories, including home and apparel. Those slumps have largely driven down the retailer's stock in recent years. Target has lost more than half of its value since hitting a record high just north of $268 in November 2021. But, the stock has recently shown signs of a turnaround, including far outperforming the S & P 500 this year. TGT mountain 2025-10-10 Target stock has been climbing since last October. "The more powerful driver of upside is not a sharp traffic rebound (of cou...
Solid demand for AIP, momentum in the U.S. commercial business, strength in the government segment, and significant margin expansion indicate robust growth ahead for Palantir.
Solid demand for AIP, momentum in the U.S. commercial business, strength in the government segment, and significant margin expansion indicate robust growth ahead for Palantir.
Apple's $599 MacBook Neo ($499 for students) has sent shockwaves through the PC ecosystem, and now Microsoft is responding with deals targeting students in the US. A new "Microsoft College Offer" is launching today, which will see the software giant bundle 12 months of free Microsoft 365 Premium and Xbox Game Pass Ultimate with select Windows 11 PCs that have also been discounted. Acer, Asus, Dell...
Apple's $599 MacBook Neo ($499 for students) has sent shockwaves through the PC ecosystem, and now Microsoft is responding with deals targeting students in the US. A new "Microsoft College Offer" is launching today, which will see the software giant bundle 12 months of free Microsoft 365 Premium and Xbox Game Pass Ultimate with select Windows 11 PCs that have also been discounted. Acer, Asus, Dell, HP, and Lenovo are all participating in this Microsoft College Offer, and Microsoft is even discounting some Surface devices days after hiking the prices of its Surface Pro and Surface Laptop models. Best Buy is selling a 15.3-inch Lenovo IdeaPad … Read the full story at The Verge.
AMD is evolving from a budget alternative into a formidable competitor to Nvidia by overcoming the CUDA software barrier. This analysis examines AMD’s explosive financial growth and its strategic positioning as a core provider of global AI infrastructure.
AMD is evolving from a budget alternative into a formidable competitor to Nvidia by overcoming the CUDA software barrier. This analysis examines AMD’s explosive financial growth and its strategic positioning as a core provider of global AI infrastructure.
Snap Inc. (NYSE:SNAP) stock is up 7% in Wednesday’s session, rising from $5.60 to $7, after the company announced a sweeping restructuring that includes cutting roughly 1,000 jobs and targeting $500 million in annual cost savings. The market’s reaction is swift and clear: investors have been waiting for exactly this kind of decisive action. It’s ... Snap Jumps 7%: Slashing 1,000 Jobs and $500M in ...
Snap Inc. (NYSE:SNAP) stock is up 7% in Wednesday’s session, rising from $5.60 to $7, after the company announced a sweeping restructuring that includes cutting roughly 1,000 jobs and targeting $500 million in annual cost savings. The market’s reaction is swift and clear: investors have been waiting for exactly this kind of decisive action. It’s ... Snap Jumps 7%: Slashing 1,000 Jobs and $500M in Costs Has Investors Believing in the Turnaround
Senior leadership not in Mexico City for LIV tournament Saudi focus now more on football and e-sports LIV Golf executives have been called to a meeting in New York amid growing speculation over the future of the Saudi Arabia-funded rebel tour. Rumours that LIV could soon be shut down had begun to circulate on social media on Tuesday evening with officials from the tour declining to respond. LIV’s ...
Senior leadership not in Mexico City for LIV tournament Saudi focus now more on football and e-sports LIV Golf executives have been called to a meeting in New York amid growing speculation over the future of the Saudi Arabia-funded rebel tour. Rumours that LIV could soon be shut down had begun to circulate on social media on Tuesday evening with officials from the tour declining to respond. LIV’s next event in Mexico City will begin as planned on Thursday, although as first reported by the Daily Telegraph, the tour’s senior leadership were all absent having been diverted to New York. Continue reading...
The Commodity Futures Trading Commission has launched an investigation into a series of suspiciously well-timed trades in the oil futures market, people familiar with the matter told Bloomberg. The derivatives regulator is leading a probe into the trading of oil futures contracts on CME Group ( CME ) and Intercontinental Exchange ( ICE ) platforms, according to the people who asked not to be ident...
The Commodity Futures Trading Commission has launched an investigation into a series of suspiciously well-timed trades in the oil futures market, people familiar with the matter told Bloomberg. The derivatives regulator is leading a probe into the trading of oil futures contracts on CME Group ( CME ) and Intercontinental Exchange ( ICE ) platforms, according to the people who asked not to be identified as the information is private. The two exchanges were asked to share related data, with the requested data including the so-called Tag 50 identifications of the entities behind the trades, the Wednesday, April 15 report noted. Last week, senators Elizabeth Warren and Sheldon Whitehouse were said to be pushing for an investigation into unusual trading patterns in oil futures, noticed immediately preceding two major government announcements related to the Iran conflict. Warren had sent a letter to Michael Selig, chairman of the CFTC, regarding a dramatic surge in oil futures trading on March 23 and April 7. More on Oil Futures Smart Money Is Deploying Fresh Capital Gold Vs. Oil December World Oil Production Slides Qatar warns Iran war will have major global economic impact U.S. and Iran may be reaching significant progress in talks, according to U.S. officials – report
Scientists say finding is ‘very concerning’ as collapse would be catastrophic for Europe, Africa and the Americas The critical Atlantic current system appears significantly more likely to collapse than previously thought after new research found that climate models predicting the biggest slowdown are the most realistic. Scientists called the new finding “very concerning” as a collapse would have c...
Scientists say finding is ‘very concerning’ as collapse would be catastrophic for Europe, Africa and the Americas The critical Atlantic current system appears significantly more likely to collapse than previously thought after new research found that climate models predicting the biggest slowdown are the most realistic. Scientists called the new finding “very concerning” as a collapse would have catastrophic consequences for Europe, Africa and the Americas. The Atlantic meridional overturning circulation (Amoc) is a major part of the global climate system and was already known to be at its weakest for 1,600 years as a result of the climate crisis. Scientists spotted warning signs of a tipping point in 2021 and know that the Amoc has collapsed in the Earth’s past. Continue reading...
The following companies are expected to report earnings after hours on 04/15/2026. Visit our Earnings Calendar for a full list of expected earnings releases.J.B. Hunt Transport Services, Inc. (JBHT)is reporting for the quarter ending March 31, 2026. The truck company's consensus
The following companies are expected to report earnings after hours on 04/15/2026. Visit our Earnings Calendar for a full list of expected earnings releases.J.B. Hunt Transport Services, Inc. (JBHT)is reporting for the quarter ending March 31, 2026. The truck company's consensus
Iran War Leads To Fluoride Shortages For Some US Water Utilities Authored by Zachary Stieber via The Epoch Times, Multiple water providers have lowered the amount of fluoride they add to water for millions of Americans, amid shortages stemming from the U.S.–Iran war. The Baltimore City Department of Public Works said on April 13 that it is reducing the level of fluoride from 0.7 milligrams per lit...
Iran War Leads To Fluoride Shortages For Some US Water Utilities Authored by Zachary Stieber via The Epoch Times, Multiple water providers have lowered the amount of fluoride they add to water for millions of Americans, amid shortages stemming from the U.S.–Iran war. The Baltimore City Department of Public Works said on April 13 that it is reducing the level of fluoride from 0.7 milligrams per liter (mg/L) to 0.4 mg/L. The move, officials said, was driven by disruptions to the supply chain caused by the ongoing conflict in the Middle East. A key Israeli supplier, specifically, has been struggling to meet demand. “This is an adjustment driven solely by supply availability,” Matthew Garbark, director of the Baltimore City Department of Public Works, said in a statement . “We remain committed to providing safe, high-quality drinking water.” Some 1.8 million people in and around Baltimore, the most populous city in Maryland, are served water by the city of Baltimore utility. Fluoride, a mineral, is put in water as a preventative for tooth decay and cavities. The Centers for Disease Control and Prevention recommends adding 0.7 mg/L. WSSC Water, which serves 1.9 million people in Montgomery and Prince George’s counties in Maryland, said earlier in April it would be adding only 0.4 mg/L because of “nationwide supply chain disruptions.” Hydrofluorosilicic acid, an important compound for water fluoridation, has been hard to source amid the war, including from a supplier in Israel, the utility said. Israel is one of the world’s top exporters of fluorosilicic acid, according to the U.S. Environmental Protection Agency, and the United States is among the world’s top five importers of the product. “This is a temporary adjustment driven solely by supply availability,” Ben Thompson, WSSC Water’s director of production, said in a statement. “We remain committed to maintaining safe, high-quality drinking water and will restore optimal fluoride levels as soon as supply conditions sta...
M. Suhail/iStock Editorial via Getty Images In today’s column, we continue our coverage of the regional bank earnings season by checking in on M&T Bank ( MTB ). As one of the larger and more sophisticated regional players in our coverage universe, M&T Bank often provides the first real look at how the commercial and industrial sectors are weathering the current interest rate environment and recent...
M. Suhail/iStock Editorial via Getty Images In today’s column, we continue our coverage of the regional bank earnings season by checking in on M&T Bank ( MTB ). As one of the larger and more sophisticated regional players in our coverage universe, M&T Bank often provides the first real look at how the commercial and industrial sectors are weathering the current interest rate environment and recent economic concerns stemming from the Iran War. Of course, the stock has seen some interesting price action leading up to this report, having faced some pressure alongside the broader financial sector over the last month. It has recovered here some in April with the market rebound. After digging through the just- reported Q1 results, we see the bank as continuing to be resilient with disciplined capital management. Despite the broader macroeconomic concerns, M&T Bank managed to deliver a report that exceeded expectations on several fronts. We think the bank stock is a buy. In this column, we will break down the key metrics and discuss what this means for investors. Let us discuss. Headline Results M&T Bank reported headline results that significantly outpaced what analysts were looking for. The bank reported EPS of $4.13, up nicely from the $3.38 reported in the same quarter last year. On an adjusted basis, the beat was even more pronounced, coming in at $4.18, well above the consensus estimate of $4.01. This was driven by a nice top-line move. Total revenue was $2.44 billion, up 6% year-over-year. This revenue growth was primarily fueled by a 3% rise in net interest income and a very strong 13% increase in non-interest income. Solid results overall here. It is impressive to see this kind of top-line growth at a time when many regional peers are struggling to maintain momentum, though it is early in our coverage of Q1 earnings season. Margins Expanded One of the most critical indicators we follow for the banking sector is the net interest margin, and M&T Bank did not disappo...
(RTTNews) - Sandoz AG (SDZNY) announced on Wednesday, that it has signed a direct manufacturing and supply agreement with the Rwanda government to ensure a stable supply of essential medicines, with plans to extend distribution to selected African countries.
(RTTNews) - Sandoz AG (SDZNY) announced on Wednesday, that it has signed a direct manufacturing and supply agreement with the Rwanda government to ensure a stable supply of essential medicines, with plans to extend distribution to selected African countries.
Netgear is the first major vendor of consumer routers to obtain an exemption from the US government's sweeping ban on foreign-made routers. The Federal Communications Commission yesterday announced an exemption for Netgear's Nighthawk and Orbi routers, and its cable gateways and modems. It came about three weeks after the FCC said it would no longer approve consumer-grade routers made at least par...
Netgear is the first major vendor of consumer routers to obtain an exemption from the US government's sweeping ban on foreign-made routers. The Federal Communications Commission yesterday announced an exemption for Netgear's Nighthawk and Orbi routers, and its cable gateways and modems. It came about three weeks after the FCC said it would no longer approve consumer-grade routers made at least partly outside the US, except in cases where the Department of Defense or Department of Homeland Security determines that the router does not pose national security risks. Under the new router ban, the Trump administration decides—through an opaque process in which it's unclear why any particular company receives an exemption—which companies' devices can be sold to consumers. Netgear, which is based in the US, was able to move quickly through the multi-agency approval process. Read full article Comments