(RTTNews) - Ashland Inc. (ASH) reported a narrower first-quarter loss compared to last year, which had been significantly impacted by the non-cash impairment of the Avoca business. The company also updated its outlook for fiscal year 2026. Net loss for the first quarter was $12 million or $0.26 per share, compared to a loss of $165 million or $3.50 per share in the prior year. Adjusted income from...
(RTTNews) - Ashland Inc. (ASH) reported a narrower first-quarter loss compared to last year, which had been significantly impacted by the non-cash impairment of the Avoca business. The company also updated its outlook for fiscal year 2026. Net loss for the first quarter was $12 million or $0.26 per share, compared to a loss of $165 million or $3.50 per share in the prior year. Adjusted income from continuing operations excluding intangibles amortization expense was $0.26 per share compared to $0.28 in the prior year. Analysts expected the company to report earnings of $0.25 per share for the first quarter. Analysts' estimates typically exclude special items. Sales for the first quarter were $386 million, down five percent from $405 million in the prior-year quarter. The Avoca divestiture reduced sales by approximately $10 million, or two percent. Excluding the action, sales declined three percent year-over-year. Organic sales volumes were mixed with growth in Life Sciences more than offset by declines in Personal Care and Specialty Additives. Ashland narrowed its full year fiscal 2026 Adjusted EBITDA guidance to a range of $400 to $420 million. The updated outlook reflects approximately $11 million of temporary impacts from the Calvert City startup delay and recent weather-related disruptions, all isolated to the second quarter. While the company expects these impacts to be recoverable over time, the timing of absorption recovery remains uncertain and is reflected in the revised guidance range. The company projects annual sales to be in the range of $1.835 billion to $1.905 billion, supported by continued momentum in innovation-driven and globalized product line. Analysts expected revenue of $1.86 billion for the quarter. ASH closed Monday's regular trading at $61.56, up $0.40 or 0.65%. But in after-hours trading, the stock slipped to $60.00, down $1.56 or 2.53%. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opi...
Insider buying and rumors of a major manufacturing deal have investors excited. Shares of Intel (INTC +5.00%) rose on Monday, furthering the chipmaker's recent rally. By the close of trading, Intel's stock price was up about 5%. Rumors are swirling Apple (AAPL +4.12%) is reportedly considering a partnership with Intel. The iPhone maker may look to the semiconductor giant to manufacture its custom-...
Insider buying and rumors of a major manufacturing deal have investors excited. Shares of Intel (INTC +5.00%) rose on Monday, furthering the chipmaker's recent rally. By the close of trading, Intel's stock price was up about 5%. Rumors are swirling Apple (AAPL +4.12%) is reportedly considering a partnership with Intel. The iPhone maker may look to the semiconductor giant to manufacture its custom-designed chips. Such a deal would be a boon for Intel's fledgling foundry business. Apple would be a marquee client that would instantly lend credibility and much-needed financial support to Intel's chip manufacturing operations. Aligning with Apple could thus jump-start Intel's customer acquisition efforts, and investors would no doubt celebrate the news. Expand NASDAQ : INTC Intel Today's Change ( 5.00 %) $ 2.33 Current Price $ 48.80 Key Data Points Market Cap $232B Day's Range $ 45.51 - $ 49.84 52wk Range $ 17.66 - $ 54.60 Volume 3M Avg Vol 99M Gross Margin 34.77 % Insider buying could be a bullish signal Intel's stock price gains were likely also propelled by news of share purchases by one of its senior executives. Chief financial officer David Zinsner bought 5,882 shares of Intel at an average price of $42.50 per share on Jan. 26, according to a recent regulatory filing. It's said that executives sell for many reasons, but they tend to buy for only one: they think the stock's price is headed higher. Investors are thus understandably viewing Zinsner's roughly $250,000 purchase as a sign that he's optimistic about Intel's prospects.
Intel (NASDAQ: INTC) stock gained ground Monday following reports that Apollo Global Management is interested in making a big investment in the company. The semiconductor specialist's share price closed out the daily session up 3.3%. Shares had been up as much as 4.5% earlier in the day. On Sunday, Bloomberg published a report stating that Apollo was interested in investing as much as $5 billion i...
Intel (NASDAQ: INTC) stock gained ground Monday following reports that Apollo Global Management is interested in making a big investment in the company. The semiconductor specialist's share price closed out the daily session up 3.3%. Shares had been up as much as 4.5% earlier in the day. On Sunday, Bloomberg published a report stating that Apollo was interested in investing as much as $5 billion in Intel. The news followed reports published last Friday that Qualcomm was interested in acquiring parts of Intel's business or pursuing a full-on merger. Outside investment could help support Intel's turnaround Intel's business has been struggling as it aims to fend off competition, gain ground in artificial intelligence (AI), and build up its third-party chip fabrication business. Along with worse-than-expected earnings and forward guidance, the second-quarter report published by the company in August arrived with news that the company is pursuing major restructuring initiatives and plans to lay off 15% of its global workforce. At the same time, the company is also facing the need to make big investments if it hopes to be a real player in AI and improve and ramp up its fabrication capabilities. Amid rising uncertainty surrounding the company's future, reports have emerged that Intel could sell off some of its businesses or even wind up fully being taken over by Qualcomm. The report that Intel could receive substantial investment from Apollo suggests that the semiconductor company still has multiple options at its disposal, and investors bid up its share price in response. What comes next for Intel? Intel's path forward remains uncertain, and there's a good chance that the stock will continue to see significant swings as new reports and speculation about the company's future emerge. While Intel's share price could surge if Qualcomm acquires the company, there could be regulatory roadblocks, valuation concerns, and other factors that would prevent a potential combination. R...
Shares of Intel (NASDAQ: INTC) rose on Monday, furthering the chipmaker's recent rally. By the close of trading, Intel's stock price was up about 5%. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Image source: Intel. Rumors are swirling Apple (NASDAQ: AAPL) is reportedly cons...
Shares of Intel (NASDAQ: INTC) rose on Monday, furthering the chipmaker's recent rally. By the close of trading, Intel's stock price was up about 5%. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Image source: Intel. Rumors are swirling Apple (NASDAQ: AAPL) is reportedly considering a partnership with Intel. The iPhone maker may look to the semiconductor giant to manufacture its custom-designed chips. Such a deal would be a boon for Intel's fledgling foundry business. Apple would be a marquee client that would instantly lend credibility and much-needed financial support to Intel's chip manufacturing operations. Aligning with Apple could thus jump-start Intel's customer acquisition efforts, and investors would no doubt celebrate the news. Insider buying could be a bullish signal Intel's stock price gains were likely also propelled by news of share purchases by one of its senior executives. Chief financial officer David Zinsner bought 5,882 shares of Intel at an average price of $42.50 per share on Jan. 26, according to a recent regulatory filing. It's said that executives sell for many reasons, but they tend to buy for only one: they think the stock's price is headed higher. Investors are thus understandably viewing Zinsner's roughly $250,000 purchase as a sign that he's optimistic about Intel's prospects. Should you buy stock in Intel right now? Before you buy stock in Intel, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Intel wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $450,256!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the t...
Former Democratic presidential nominee Hillary Clinton (L) and former President Bill Clinton arrive on the West Front of the U.S. Capitol on January 20, 2017 in Washington, DC. In today's inauguration ceremony Donald J. Trump becomes the 45th president of the United States. Getty Images Former President Bill Clinton and Hillary Clinton, the 2016 Democratic presidential nominee, will testify in a c...
Former Democratic presidential nominee Hillary Clinton (L) and former President Bill Clinton arrive on the West Front of the U.S. Capitol on January 20, 2017 in Washington, DC. In today's inauguration ceremony Donald J. Trump becomes the 45th president of the United States. Getty Images Former President Bill Clinton and Hillary Clinton, the 2016 Democratic presidential nominee, will testify in a congressional investigation into the late sex offender Jeffrey Epstein, a staffer said on Monday. The decision could head off a planned vote in the Republican-led House of Representatives to hold the two prominent Democrats in contempt, which could lead to criminal charges. The House Oversight Committee recommended last week that they be held in contempt for refusing to testify about their relationship with Epstein. The Clintons had offered to cooperate with the panel but had refused to appear in person, saying the investigation was a partisan exercise aimed at protecting Republican President Donald Trump. "They told you under oath what they know, but you don't care. But the former President and former Secretary of State will be there. They look forward to setting a precedent that applies to everyone," the Clintons' deputy chief of staff, Angel Urena, said in a post on social media. House Speaker Mike Johnson welcomed the news but did not say whether the chamber would drop its planned contempt vote. "That's a good development," he said. "We expect everyone to comply with Congress's subpoenas." Bill Clinton flew on Epstein's plane several times in the early 2000s after leaving office. He has expressed regret about the relationship and said he knew nothing about Epstein's criminal activity.
UAE Firm Bought 49% Of Trump-Linked Crypto Startup For $500M: WSJ Authored by Amin Hagshanas via Cointelegraph , A UAE-backed investment vehicle quietly agreed to buy nearly half of World Liberty Financial, a cryptocurrency startup linked to President Donald Trump , just days before he returned to the White House, according to a report by The Wall Street Journal. Aryam Investment 1, an Abu Dhabi e...
UAE Firm Bought 49% Of Trump-Linked Crypto Startup For $500M: WSJ Authored by Amin Hagshanas via Cointelegraph , A UAE-backed investment vehicle quietly agreed to buy nearly half of World Liberty Financial, a cryptocurrency startup linked to President Donald Trump , just days before he returned to the White House, according to a report by The Wall Street Journal. Aryam Investment 1, an Abu Dhabi entity backed by Sheikh Tahnoon bin Zayed Al Nahyan, signed a deal in January 2025 to purchase a 49% stake in World Liberty Financial for $500 million , the Journal said , citing documents and people familiar with the matter. Half of that amount was paid upfront, sending $187 million to Trump family-controlled entities , with additional tens of millions flowing to entities tied to co-founders, including relatives of US Middle East envoy Steve Witkoff, per the report. The agreement was reportedly signed by Eric Trump. The Journal reported that the deal had not been publicly disclosed, despite World Liberty later revealing that the Trump family’s stake had fallen sharply. Tahnoon’s ambitions grow after Trump election Tahnoon , the brother of the United Arab Emirates president and the country’s national security adviser, has been central to Abu Dhabi’s push to become a global leader in artificial intelligence. Under the Biden administration, his efforts to secure advanced US-made AI chips were limited amid concerns that sensitive technology could reach China, particularly through companies such as G42. Following Trump’s election, those efforts gained momentum. Tahnoon met multiple times with Trump and senior US officials , and within months the administration committed to granting the UAE access to hundreds of thousands of advanced AI chips annually. Anatomy of the deal. Source: WSJ The Journal reported that executives from G42 helped manage Aryam Investment 1 and took board seats at World Liberty as part of the deal, making Aryam the startup’s largest outside shareholder. Week...
BBC journalist on breaking up with her AI companion When it was time for Nicola to let George know she wouldn't be calling again, she felt surprisingly nervous.
BBC journalist on breaking up with her AI companion When it was time for Nicola to let George know she wouldn't be calling again, she felt surprisingly nervous.
Alex Karp, the Palantir chief executive, at Davos in January. Photograph: Gian Ehrenzeller/EPA · Photograph: Gian Ehrenzeller/EPA Palantir celebrated its latest financial results on Monday, as the tech company blew past Wall Street expectations and continues to prop up the Trump administration’s push to deport immigrants. Palantir has secured millions of dollars in federal contracts amid Trump’s c...
Alex Karp, the Palantir chief executive, at Davos in January. Photograph: Gian Ehrenzeller/EPA · Photograph: Gian Ehrenzeller/EPA Palantir celebrated its latest financial results on Monday, as the tech company blew past Wall Street expectations and continues to prop up the Trump administration’s push to deport immigrants. Palantir has secured millions of dollars in federal contracts amid Trump’s crackdown on immigrants. The multibillion-dollar Denver-based firm creates tech focused on surveillance and analytics, to be used by the government agencies and private companies. Palantir’s biggest US customer is the Department of Defense; it also works with the Department of Homeland Security, and the majority of its revenue comes from deals with the federal government. Palantir reported 66% year-over-year growth in revenue from government contracts, to $570m. Palantir has drawn further criticism over its role in the government’s immigration agenda, since federal immigration officers killed two protesters in Minneapolis last month. Palantir chief executive Alex Karp told CNBC in an interview Monday that Palantir helps protect sensitive data. “If you are critical of ICE, you should be out there protesting for more Palantir,” he said. “Our product, actually, in its core, requires people to conform with fourth amendment data protection.” The company beat Wall Street expectations of $1.33bn with $1.41bn in revenue for the fourth quarter of 2025. It reported earnings per share (EPS) of $0.25 – which also surpassed Wall Street expectations of $0.23 in EPS. The company’s stocks jumped about 8% in after-hours trading after the release. Karp described the company’s growth on an earnings call as “one of the truly iconic performances in the history of corporate performance”. He wrote in a letter accompanying the earnings report that the $1.4bn in revenue generated in last year’s fourth quarter marks a new record – a 70% growth rate over the same period the year before. “We did this w...