Sturm, Ruger & Company ( RGR ) said on Wednesday its board has received a letter from Beretta Holding S.A. proposing a partial tender offer for up to 20.05% of its outstanding shares. The company said the proposed offer, which has not yet commenced, could raise Beretta’s ownership stake in Ruger to about 30% if completed. Ruger said its board will review the proposal with advisers and respond in d...
Sturm, Ruger & Company ( RGR ) said on Wednesday its board has received a letter from Beretta Holding S.A. proposing a partial tender offer for up to 20.05% of its outstanding shares. The company said the proposed offer, which has not yet commenced, could raise Beretta’s ownership stake in Ruger to about 30% if completed. Ruger said its board will review the proposal with advisers and respond in due course, adding that shareholders do not need to take any action at this time. Source: Press Release More on Sturm, Ruger Sturm, Ruger & Company: New Platforms And Entry Into The Accessory Business Sturm, Ruger & Company, Inc. (RGR) Q4 2025 Earnings Call Transcript Sturm, Ruger & Company: 'In And Out' Is One Way To Play This One In 2026 Beretta offers to boost its stake in Sturm, Ruger by another 20% with a tender offer Firearms face-off: Sturm, Ruger and Beretta scrap over board seats
Most good investments start when the crowd is moving in the opposite direction of what you are buying. Right now, it feels like Wall Street is punishing anything with "AI" in the pitch deck, rotating out of tech into energy and consumer staples, and convincing itself the party is over. I'll be honest. I don't mind seeing this artificial intelligence (AI) pullback . I've been saying for a while tha...
Most good investments start when the crowd is moving in the opposite direction of what you are buying. Right now, it feels like Wall Street is punishing anything with "AI" in the pitch deck, rotating out of tech into energy and consumer staples, and convincing itself the party is over. I'll be honest. I don't mind seeing this artificial intelligence (AI) pullback . I've been saying for a while that AI stock valuations have gotten ahead of themselves. To be clear, that doesn't mean AI isn't real or durable -- it absolutely is -- but the level of hype, aggressive funding rounds, and stretched multiples was getting a bit excessive. That said, being skeptical of all the hype doesn't mean value isn't present. As capital rotates and sentiment cools, opportunities start to show up in places the market isn't paying attention to. Continue reading
narong sutinkham/iStock via Getty Images Introduction The Canadian company Poet Technologies Inc. ( POET ) is in the midst of the transition from a pre-revenue stage to operational expansion and commercialization of its photonic integrated circuits (PICs) and optical modules (800G and 1.6T, with the 3.2T in the development stage), protected by patents. As I explained, its main innovation is the Op...
narong sutinkham/iStock via Getty Images Introduction The Canadian company Poet Technologies Inc. ( POET ) is in the midst of the transition from a pre-revenue stage to operational expansion and commercialization of its photonic integrated circuits (PICs) and optical modules (800G and 1.6T, with the 3.2T in the development stage), protected by patents. As I explained, its main innovation is the Optical Interposer , which integrates photonic and electronic components on a single chip without wires. The advantages of this solution are lower cost (fewer components are needed) and power efficiency. We immediately understand that we are talking about the intriguing layer of the AI stack. Compute is where NVIDIA and AMD play, while we find POET in the infrastructure and networking layers. This means that POET is not a computer or a software company. Its optical engines move data between AI accelerators at extremely fast speeds (basically, the speed of light). Without this role, GPUs would be a massive bottleneck for AI. With an analogy taken from the human body, NVIDIA plays the role of the brain, while POET produces components that are part of the nervous system. After developing the technology, POET has secured manufacturing capacity through Globetronics and NationGate in Malaysia. The company also has a partnership with Mitsubishi, Foxconn, and Luxshare, which are suppliers of the hyperscalers. It may sound obvious, but if POET manages to execute, it could be a real beneficiary of the ongoing data center buildout, which is expected to last, at least, through 2030. As POET shows, the inflection point for 800G demand is already behind us, but 2026 is the ramp year for 1.6T, which should soon see its TAM grow to $1.5B in two years, with the $15B landmark in sight by 2030 . To sum it all up, the TAM that POET estimated in its investor presentation has already been revised by 43% for 2026 and by 46% for 2027 . POET Investor Presentation A big variable for POET is CPO (co-pa...
Never miss an episode. Follow The Big Take daily podcast today. Two decades ago, a federal prosecutor in Florida spent two years investigating Jeffrey Epstein and urged her superiors to charge him. Her frustrations mounted as her boss, US Attorney Alex Acosta, pursued a now-infamous plea deal that allowed Epstein to serve just 13 months, much of it on work release. On today’s Big Take podcast, Blo...
Never miss an episode. Follow The Big Take daily podcast today. Two decades ago, a federal prosecutor in Florida spent two years investigating Jeffrey Epstein and urged her superiors to charge him. Her frustrations mounted as her boss, US Attorney Alex Acosta, pursued a now-infamous plea deal that allowed Epstein to serve just 13 months, much of it on work release. On today’s Big Take podcast, Bloomberg legal reporter David Voreacos joins host Sarah Holder to examine emails and evidence recently released by the Justice Department. They reveal Marie Villafaña’s exhaustive efforts to hold Epstein accountable — and how, despite years of credible evidence, he managed to slip through the cracks. Read more: Sex-Crimes Prosecutor's Repeated Pleas for Epstein's Arrest Were Denied Listen and follow The Big Take on Apple Podcasts , Spotify or wherever you get your podcasts. Terminal clients: click here to subscribe. This episode was produced by: Julia Press; Editors: Jeffrey Grocott; Fact-checker: Eleanor Harrison-Dengate and David Fox; Sound Design/Engineer: Katie McMurran; Senior Producer: Naomi Shavin; Senior Editor: Elisabeth Ponsot; Deputy Executive Producer: Julia Weaver; Executive Producer: Nicole Beemsterboer.
Director Sells RELY 29K Shares for $522K This digital money transfer company saw a key insider trim their stake under a preset trading plan, recent filings show. On March 4, 2026, Joshua Hug, Director at Remitly Global (NASDAQ:RELY) , disclosed the sale of 29,049 shares of common stock in an open-market transaction, according to a SEC Form 4 filing . Continue reading
Director Sells RELY 29K Shares for $522K This digital money transfer company saw a key insider trim their stake under a preset trading plan, recent filings show. On March 4, 2026, Joshua Hug, Director at Remitly Global (NASDAQ:RELY) , disclosed the sale of 29,049 shares of common stock in an open-market transaction, according to a SEC Form 4 filing . Continue reading
Health In Tech ( HIT ) has entered into a securities purchase agreement for a private investment in public equity financing that is expected to result in gross proceeds of ~$7.0. Health In Tech will issue an aggregate of 5.6M shares of Class A common stock at a price of $1.25 per share. The company intends to use the net proceeds from the PIPE to expand sales distribution, advance technology devel...
Health In Tech ( HIT ) has entered into a securities purchase agreement for a private investment in public equity financing that is expected to result in gross proceeds of ~$7.0. Health In Tech will issue an aggregate of 5.6M shares of Class A common stock at a price of $1.25 per share. The company intends to use the net proceeds from the PIPE to expand sales distribution, advance technology development, support new product development, and for general corporate purposes and working capital. The financing is expected to close on or about March 27, 2026. HIT -8.84% after hours to $1.65. Source: Press Release More on Health In Tech, Inc. Seeking Alpha’s Quant Rating on Health In Tech, Inc. Historical earnings data for Health In Tech, Inc. Financial information for Health In Tech, Inc.
wwing/iStock via Getty Images There is a saying in markets: equity investors care about return on capital and fixed income investors care about return of capital. Mostly, I'm an equities investor and am forward looking. But I'm happy to consider fixed income instruments when it makes sense. At the moment, I'm concerned about inflation. I don't think central banks are doing enough and that they are...
wwing/iStock via Getty Images There is a saying in markets: equity investors care about return on capital and fixed income investors care about return of capital. Mostly, I'm an equities investor and am forward looking. But I'm happy to consider fixed income instruments when it makes sense. At the moment, I'm concerned about inflation. I don't think central banks are doing enough and that they are too dovish. Infrastructure is a great hedge against inflation, and in general infrastructure investments I like include the BNY Mellon Global Infrastructure Income ETF , and specifically in energy midstream I like NextDecade and Canada's Keyera Corp . In Europe, one might consider gas pipeline operator Snam . The world's largest energy infrastructure company is Enbridge Inc ( ENB ), it is also the world's sixth largest energy company measured on a free float basis. Its market cap is $118.2 billion, compared to Williams whose market cap is $90.0 billion. Enbridge is headquartered in Calgary, Canada, and has assets across (quite literally across) Canada and the US. It also has some assets in Europe. I watched the Enbridge 2025 Investor Day held in March 2025 and have gone through its 2025 10-K. My initial impressions are Enbridge is not focused. It has four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power. The first three segments make sense for a midstream company, in fact these businesses are the very definition of midstream. However, Renewable Power doesn't fit. I don't see the strategic synergy with the rest of the business. It is a different commodity and it is a different form: electrons, rather than molecules. Enbridge's argument for the business is that we are in an "all of the above" energy world and so they want to provide all of the above solutions. I agree that we are in an "all of the above" energy world. More energy means cheaper energy. But I prefer pure plays and midstream businesses should stick to midstream bu...
Dragon Claws/iStock via Getty Images We present our initiation note on Bloom Energy ( BE ), an American company specializing in SOFCs (solid oxide fuel cells), with a Buy rating. We believe the SOFC market is set to grow significantly, driven by rising data center power demand and shortages and long lead times for gas turbines. We see Bloom as the best-positioned player in the space given its tech...
Dragon Claws/iStock via Getty Images We present our initiation note on Bloom Energy ( BE ), an American company specializing in SOFCs (solid oxide fuel cells), with a Buy rating. We believe the SOFC market is set to grow significantly, driven by rising data center power demand and shortages and long lead times for gas turbines. We see Bloom as the best-positioned player in the space given its technology, market positioning, and execution, and expect considerable earnings growth. While we remain wary of the strong share price rally, with the stock having quintupled over the past year on the back of AI-driven power demand, order momentum, and broader investor appetite for AI-related equity stories, which has also led to increasingly frothy valuations, we still see some attractive upside in the stock. We view it as one of the more compelling “AI picks and shovels” plays, although it is clear to us that a significant portion of the upside has already been priced in. We would be more constructive on the name in the event of a temporary pullback. In this note, we provide an overview of data center power demand growth and highlight the increasing need for baseload power; discuss the gas turbine shortage and its implications; briefly explain SOFC technology and its key advantages and disadvantages; and outline the outlook for SOFC market growth and Bloom’s positioning. We then present our investment case and valuation, and conclude with key downside risks. This is our initiation note on Bloom and the third name in our AI and AI power-related infrastructure series. Introduction to Bloom Energy Bloom Energy is a leading company that designs and manufactures SOFCs. Bloom’s SOFCs produce onsite power by converting natural gas into electricity without combustion. The company was founded in 2001 by K.R. Sridhar, who currently serves as Chairman and CEO. Bloom’s systems have been operating since 2017, and the company has announced a total backlog of over $20 billion. The company c...
Writer looked to topics such as computer engineering and life in a nursing home to produce richly researched books Tracy Kidder, an award-winning narrative nonfiction writer who turned everything from computer engineering to life in a nursing home into unexpected bestsellers, has died. He was 80. Kidder’s longtime publisher Random House confirmed his death in a statement on Wednesday: “Tracy’s gif...
Writer looked to topics such as computer engineering and life in a nursing home to produce richly researched books Tracy Kidder, an award-winning narrative nonfiction writer who turned everything from computer engineering to life in a nursing home into unexpected bestsellers, has died. He was 80. Kidder’s longtime publisher Random House confirmed his death in a statement on Wednesday: “Tracy’s gifts for storytelling and tireless reporting are an enduring reflection of the empathy, integrity, and endless curiosity he brought to everything he did.” Continue reading...
Anthropic finds AI isn’t replacing jobs yet, but early data shows growing inequality as experienced users gain an edge, raising concerns about future displacement and workforce divides.
Anthropic finds AI isn’t replacing jobs yet, but early data shows growing inequality as experienced users gain an edge, raising concerns about future displacement and workforce divides.
LOS ANGELES, March 25, 2026--A Los Angeles County Superior Court jury has ordered Meta Platforms Inc. and Google's YouTube to pay $3 million in punitive damages — $2.1 million against Meta and $900,000 against YouTube — for deliberately designing addictive social media platforms that caused severe mental health harm to a young woman during her preteen and teenage years. Jurors found that Meta was ...
LOS ANGELES, March 25, 2026--A Los Angeles County Superior Court jury has ordered Meta Platforms Inc. and Google's YouTube to pay $3 million in punitive damages — $2.1 million against Meta and $900,000 against YouTube — for deliberately designing addictive social media platforms that caused severe mental health harm to a young woman during her preteen and teenage years. Jurors found that Meta was 70 percent responsible and YouTube 30 percent responsible.