Nvidia Corporation is the largest company in the world, but Senator Elizabeth Warren (D-Mass.) says that “allowing a single company to effectively be the gatekeeper for the world’s AI future is dangerous and poses dire economic risks.” A Wall Street Journal investigation published Monday details how Nvidia has become the AI industry’s most powerful financier, investing tens of billions in the same...
Nvidia Corporation is the largest company in the world, but Senator Elizabeth Warren (D-Mass.) says that “allowing a single company to effectively be the gatekeeper for the world’s AI future is dangerous and poses dire economic risks.” A Wall Street Journal investigation published Monday details how Nvidia has become the AI industry’s most powerful financier, investing tens of billions in the same startups and cloud providers that buy its GPUs. How The Flywheel Works Nvidia invested roughly $800
Max Layton, global head of commodities research at Citi, joins Scarlet Fu on "Bloomberg Markets." Oil rose on Thursday after President Trump threatened Iran with intensified military action, with the two sides seemingly far from a ceasefire in a conflict that has upended global energy market. (Source: Bloomberg)
Max Layton, global head of commodities research at Citi, joins Scarlet Fu on "Bloomberg Markets." Oil rose on Thursday after President Trump threatened Iran with intensified military action, with the two sides seemingly far from a ceasefire in a conflict that has upended global energy market. (Source: Bloomberg)
ST. PAUL, Minn., March 26, 2026--Patterson Companies has announced the appointment of Gregg Kunes as Patterson’s new chief digital officer. Kunes brings a wealth of experience in driving growth and modernization in complex global distribution and manufacturing environments.
ST. PAUL, Minn., March 26, 2026--Patterson Companies has announced the appointment of Gregg Kunes as Patterson’s new chief digital officer. Kunes brings a wealth of experience in driving growth and modernization in complex global distribution and manufacturing environments.
⚽️ Updates from the single-leg semi-final in Bergamo: 7.45pm GMT KO ⚽️ WCL fixtures and schedule | Email Scott “Bout ye, Italy?” To which the only honest answer is surely: not very well. Because while Italy go into tonight’s 2026 World Cup qualification semi-final with a 100-percent record at home to Northern Ireland, they have demons, baggage, and demons carrying baggage containing demons. You se...
⚽️ Updates from the single-leg semi-final in Bergamo: 7.45pm GMT KO ⚽️ WCL fixtures and schedule | Email Scott “Bout ye, Italy?” To which the only honest answer is surely: not very well. Because while Italy go into tonight’s 2026 World Cup qualification semi-final with a 100-percent record at home to Northern Ireland, they have demons, baggage, and demons carrying baggage containing demons. You see, the Azzurri are living in ABJECT FEAR OF FAILING TO QUALIFY FOR THE WORLD CUP FINALS FOR THE THIRD SUCCESSIVE TIME, and the implications of that for the four-time winners don’t bear thinking about. And while they’re hot favourites to clear this hurdle tonight, they were hot favourites to see off Sweden in these play-offs for Russia 2018, and hot favourites at home against North Macedonia for Qatar 2022, and look what happened there. So nobody’s taking anything for granted. Oh, and those aforementioned qualification disasters were only the second and third time Italy had ever failed to reach the World Cup finals. The first, back in 1958? Well that particular blow was dealt by … The Italian national team had a hard time of it for quite a while after the war. The 1948 Superga crash , which wiped out Torino, effectively did for the Azzurri too. A depleted team made their way to Brazil for the 1950 World Cup, but only by boat, understandably fearful of air travel. Knackered and unfit coming off the ship, they almost immediately got themselves knocked out. They travelled home by plane. The 1954 tournament in Switzerland ended abruptly with a 4-1 trouncing at the hands of the hosts. Chile in 1962 was all about the shame of Santiago, though that was nothing on the humiliation North Korea heaped on them in 1966. After which the team won Euro 68 and made it to the final of the 1970 World Cup. All better, then, but by lord those two decades were quite the haul. Continue reading...
The following companies are expected to report earnings after hours on 03/26/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Argan, Inc. (AGX)is reporting for the quarter ending January 31, 2026. The building company's consensus earnings per share
The following companies are expected to report earnings after hours on 03/26/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Argan, Inc. (AGX)is reporting for the quarter ending January 31, 2026. The building company's consensus earnings per share
Capital Group , the world’s largest active fund manager, is buying its current headquarters building in downtown Los Angeles as part of expansion plans that also include opening an office in Charlotte, North Carolina. The closely held firm, which has called Los Angeles home since the 1930s, agreed to acquire 333 S. Hope St., known as Bank of America Plaza and one of the city’s tallest buildings. C...
Capital Group , the world’s largest active fund manager, is buying its current headquarters building in downtown Los Angeles as part of expansion plans that also include opening an office in Charlotte, North Carolina. The closely held firm, which has called Los Angeles home since the 1930s, agreed to acquire 333 S. Hope St., known as Bank of America Plaza and one of the city’s tallest buildings. Capital Group intends to consolidate its LA operations at the 55-story tower and eventually base more than 2,100 employees there, according to a statement Thursday. “We knew the best landlord we could possibly have would be ourselves,” Chief Executive Officer Mike Gitlin said in a phone interview. “The best way to ensure a great environment in downtown LA is to create what we’re calling a vertical campus.” The company declined to comment on the purchase price for the building, which was last appraised in late 2024 for $212.5 million, down from $605 million 10 years before. The property, constructed in 1974 and renovated in 2009, was part of a massive portfolio acquired in 2013 by Brookfield on its way to becoming the largest office landlord in downtown LA. “It was just this unique opportunity where the price was much lower than it had been historically, and it was for sale,” Gitlin said. The purchase also marks a commitment to the city where Capital Group was founded, coming at a time when its downtown is still struggling to recover from the pandemic office exodus. Many tenants turned to remote work and borrowing costs jumped, leading Brookfield to walk away from some of its LA properties at steep losses . Capital Group, which manages more than $3 trillion, plans to renovate the tower and occupy roughly 20 floors, leasing out the rest of the space to other tenants. It’ll eventually move employees from two other LA offices to the building. The company is also developing a new office in Charlotte for roughly 500 to 700 workers in compliance, legal, technology and data, accordi...
With stock indexes like the S&P 500 down just a few percentage points year to date, it is far too soon to be talking about a possible stock market crash. But if macro and/or geopolitical concerns worsen as 2026 unfolds, consider it a fine time to consider some more defensive plays to add to your portfolio. Many of the best defensive stocks, or stocks that provide consistent returns irrespective of...
With stock indexes like the S&P 500 down just a few percentage points year to date, it is far too soon to be talking about a possible stock market crash. But if macro and/or geopolitical concerns worsen as 2026 unfolds, consider it a fine time to consider some more defensive plays to add to your portfolio. Many of the best defensive stocks, or stocks that provide consistent returns irrespective of economic cycle, are high-quality dividend stocks , including blue chip dividend stocks with long track records of dividend growth. In more simple terms, dividend stocks soften the blow during a market downturn, effectively paying you to wait for a recovery. Right now, the following three dividend stocks stand out as strong choices to buy and hold ahead of a downturn: Energy Transfer (NYSE: ET) , Digital Realty Trust (NYSE: DLR) , and Verizon Communications (NYSE: VZ) . Continue reading
Gold Fields and three other low-PEG stocks showcase the GARP strategy, blending growth and value to find undervalued stocks with solid growth potential.
Gold Fields and three other low-PEG stocks showcase the GARP strategy, blending growth and value to find undervalued stocks with solid growth potential.
The IOC’s shift in position on trans women in elite sports is seismic, but new president Kirsty Coventry is reflecting a changed political climate By any measure, it amounts to one of the most astonishing U-turns from a governing body in modern times. Four and a half years ago, the International Olympic Committee was lauding the appearance of the first transgender weightlifter, Laurel Hubbard, at ...
The IOC’s shift in position on trans women in elite sports is seismic, but new president Kirsty Coventry is reflecting a changed political climate By any measure, it amounts to one of the most astonishing U-turns from a governing body in modern times. Four and a half years ago, the International Olympic Committee was lauding the appearance of the first transgender weightlifter, Laurel Hubbard, at an Olympics , and issuing a framework to sports saying that transgender women “should not be deemed to have an unfair or disproportionate competitive advantage” over biological women. Now it has not only ripped up every last morsel of that guidance but also performed a spectacular 180-degree turn . Continue reading...
Rebecca Gransden’s Figures Crossing the Field Towards the Group and Nell Osborne’s Ghost Driver ‘crossed the line together’ to take award previously known as the Republic of Consciousness prize Two experimental novels have jointly won the Queen Mary small press fiction prize, formerly known as the Republic of Consciousness prize. Figures Crossing the Field Towards the Group by Rebecca Gransden, pu...
Rebecca Gransden’s Figures Crossing the Field Towards the Group and Nell Osborne’s Ghost Driver ‘crossed the line together’ to take award previously known as the Republic of Consciousness prize Two experimental novels have jointly won the Queen Mary small press fiction prize, formerly known as the Republic of Consciousness prize. Figures Crossing the Field Towards the Group by Rebecca Gransden, published by Tangerine Press, and Ghost Driver by Nell Osborne, published by Moist Books, were announced as this year’s winners during a ceremony held at Queen Mary University, London, on Wednesday evening. Continue reading...
May NY world sugar #11 (SBK26 ) today is up +0.35 (+2.25%), and May London ICE white sugar #5 (SWK26 ) is up +7.60 (+1.67%). Sugar prices are sharply higher today, with NY sugar posting a 5.5-month high. Sugar prices are tracking today's +4% surge in crude oil prices (CLK26...
May NY world sugar #11 (SBK26 ) today is up +0.35 (+2.25%), and May London ICE white sugar #5 (SWK26 ) is up +7.60 (+1.67%). Sugar prices are sharply higher today, with NY sugar posting a 5.5-month high. Sugar prices are tracking today's +4% surge in crude oil prices (CLK26...
Taitai6769/iStock via Getty Images Nucor ( NUE ) up 1.3% in Thursday's trading as UBS upgraded shares to Buy from Neutral with a $190 price target, up from $184, saying the recent selloff presents a buying opportunity as steel producers are viewed as relatively insulated from the Middle East war. UBS analysts led by Andrew Jones said the 15% selloff on the back of geopolitical conflict is "excessi...
Taitai6769/iStock via Getty Images Nucor ( NUE ) up 1.3% in Thursday's trading as UBS upgraded shares to Buy from Neutral with a $190 price target, up from $184, saying the recent selloff presents a buying opportunity as steel producers are viewed as relatively insulated from the Middle East war. UBS analysts led by Andrew Jones said the 15% selloff on the back of geopolitical conflict is "excessive," and with the stock trading at ~7.1x the bank's estimated FY 2027 EBITDA, compared to 8.5x in January. Higher import parities support pricing and the energy cost hit should be modest, and higher rates could disrupt construction activity, but the bank's construction forecasts and federal demand stimulus should support 3% growth in 2026-27 domestic shipments. Jones and his team said they like the setup for Nucor ( NUE ) given limited energy cost risk and organic growth prospects via bar mills, towers and coating, and Brandenburg, West Virginia, in a federally supported higher price and volume environment. More on Nucor Nucor: Tariff Turmoil Is Why You Stick With High Quality Steel Producers Nucor: 15% Upside Potential Driven By Investment Completion And Strategic Growth Nucor Q4 2025 Earnings Call Presentation
Almost a month into the war in Iran, oil traders reeling from massive market swings are pulling back as conflicting messaging from Washington DC and Tehran keeps prices gyrating. Four of the six largest swings ever seen in international oil benchmark Brent futures have come since the war started at the end of February. Now, as traders struggle to adjust their exposure and protect their positions, ...
Almost a month into the war in Iran, oil traders reeling from massive market swings are pulling back as conflicting messaging from Washington DC and Tehran keeps prices gyrating. Four of the six largest swings ever seen in international oil benchmark Brent futures have come since the war started at the end of February. Now, as traders struggle to adjust their exposure and protect their positions, evidence is growing that liquidity is thinning, which threatens to worsen the violent moves. The slowdown is already evident. Total Brent futures open interest plunged to the lowest in four months earlier this month, and consultant Energy Aspects said its measure of liquidity in Brent has fallen to the lowest level since at least April 2024. “I sense fatigue out here and less liquidity,” said Scott Shelton , an energy specialist at TP ICAP Group Plc. “Most humans have either pared back risk to adjust for VAR (value at risk) exploding or got out completely, which leaves the oil market to the algos competing on trading headlines and generating pain.” “I am exhausted and my clients are there too as well,” he added. The White House’s shifting tone — veering from threats of massive attacks to optimism about negotiations — has kept traders on edge as they monitor US President Donald Trump’s latest pronouncements, which can come at any time, day or night, weekday or weekend. While traders are still monitoring the news, some say trading has gone down, with many especially cautious around weekends. When market volatility spikes, traders’ value at risk — the maximum loss that the position may see during a given period of time — can balloon. Many traders have also hit stop-loss triggers, forced to close out bets after the market reached a pre-determined level. Most of the pullback has been in the futures market and inter-month spreads, traders and brokers said. The lack of liquidity has arisen partly because many speculative players are long, leaving few traders to buy dips in prices,...
Fotoatelie Coca-Cola ( KO ) CEO James Quincey said the proliferation of AI was a key factor in his decision to step down from his post. “My job is also to think who’s the best team to put on the field to get the next wave done,” Quincey told CNBC on Thursday. “And I concluded that, actually, it was time to put someone else on the field for the next wave of growth.” “In a pre-AI, a pre-gen-AI mode,...
Fotoatelie Coca-Cola ( KO ) CEO James Quincey said the proliferation of AI was a key factor in his decision to step down from his post. “My job is also to think who’s the best team to put on the field to get the next wave done,” Quincey told CNBC on Thursday. “And I concluded that, actually, it was time to put someone else on the field for the next wave of growth.” “In a pre-AI, a pre-gen-AI mode, we made a lot of progress. But now there’s a huge new shift coming along,” Quincey said, adding that the company needed “someone with the energy to pursue a completely new transformation of the enterprise.” Coca-Cola announced in December that Quincey was stepping down as CEO after nine years. Q uincey will be succeeded by Coca-Cola Chief Operating Officer Henrique Braun on March 31, after which he will serve as the company's executive chairman. More on Coca-Cola Coca-Cola: Time To Play Defensive Coca-Cola: A Wonderful Business But Limited Return Expectation Coca-Cola: Insider Selling Could Be An Ominous Sign Coca-Cola brings Sprite back to the NBA with a key sponsorship deal Coca-Cola tops growth factor grades among S&P consumer staples holdings
Meeko Media/iStock via Getty Images Precigen Overview My first "Buy" rating on Precigen ( PGEN ) was in August 2023 after its Recurrent Respiratory Papillomatosis (RRP) therapy was speeding to the market. https://www.fda.gov/media/188264/download (FDA) Following promising results (summarized above), Papzimeos was green-lit last August by the FDA. When I last assessed PGEN in November (maintain " B...
Meeko Media/iStock via Getty Images Precigen Overview My first "Buy" rating on Precigen ( PGEN ) was in August 2023 after its Recurrent Respiratory Papillomatosis (RRP) therapy was speeding to the market. https://www.fda.gov/media/188264/download (FDA) Following promising results (summarized above), Papzimeos was green-lit last August by the FDA. When I last assessed PGEN in November (maintain " Buy "), management was already guiding for "cash flow breakeven" in 2026, which I thought implied over $150M in gross Papzimeos revenue. While competition looms, I believed that Inovio's ( INO ) INO-3107 wouldn't pose much threat to Papzimeos due to the need for specialized in-office equipment (i.e., Inovio's CELLECTRA electroporation device). Precigen's stock is higher today after revealing its 2026 outlook for Papzimeos. Data by YCharts Q1 Expectations My expectations for Q1 revenue looked like this: Author Estimates (dated 11/25/25) During the call , management stated that they "expect revenues in Q1 to exceed $18 million." This, effectively, falls very close to my "Bull" revenue band for Q1. Given that it is late March, this number is almost a "locked in" floor. What's, perhaps, more encouraging are the 300+ patients in the hub, which is up 50% since January. We also have to keep in mind that J-code does not kick in until April 1. The J-code will remove manual billing friction and likely will cause an efficiency "pop" in Q2. The 65% commercial payer mix and "high teens to low 20s" gross-to-net margins suggest strong private insurance acceptance. That is, payers see value in Papzimeos and aren't pushing back too much on its orphan pricing. Management is still guiding for cash flow breakeven in 2026, which appears more concrete with Papzimeos' Q1 revenue run rate already over $70M. Pharma DCF I have estimated before, based on "back-of-the-napkin" math, that Papzimeos could generate >$1B in peak annual sales. Now that I have more data (i.e., WAC, GTN), I want to formally mo...
Permira , the €85 billion ($98 billion) global private equity firm which lends to technology companies, is finding opportunity in software loans battered by fears of AI disruption. “The market has overreacted,” according to Ian Jackson , Permira Credit’s head of strategic opportunities. “A lot of these names, we just don’t believe will go through restructuring,” he said on the latest Bloomberg Int...
Permira , the €85 billion ($98 billion) global private equity firm which lends to technology companies, is finding opportunity in software loans battered by fears of AI disruption. “The market has overreacted,” according to Ian Jackson , Permira Credit’s head of strategic opportunities. “A lot of these names, we just don’t believe will go through restructuring,” he said on the latest Bloomberg Intelligence Credit Edge podcast. Across Wall Street, alarm bells have been ringing on how new artificial intelligence tools could disrupt not just software, but financial services and asset management businesses too. Leveraged tech sector debt has tumbled, stoking anxiety across private credit markets, which are highly exposed to software. Permira is mostly looking to scoop up broadly syndicated loans in European secondary markets, but may also buy debt in the US, Jackson said. Other large funds like Capital Group are also positioning to profit from the turmoil. “Fundamentally, we like some of these names and we think they’re going to be around for some time,” said Jackson. Permira is scouring for software companies with products that make a business more resilient, provide critical data or are deeply embedded in workflows. The firm has been closely monitoring the rise of AI after establishing a permanent presence in Silicon Valley about 20 years ago. “We saw this coming and we’ve got very deep networks across the West Coast,” said Jackson. On a more cautionary note, Jackson still sees vulnerabilities across credit markets that will be exacerbated as the Iran war drags on. Permira has also tightened up its underwriting in response to a rising tide of bankruptcies that led to allegations of fraud. “The current situation is obviously serious, but I wouldn’t say today it’s a full blown crisis, at least not at this stage,” Jackson said. “Private credit is still very attractive in parts — it’s a little less forgiving today because the easy money years have gone.”
NVIDIA (NASDAQ:NVDA) finds itself caught between two powerful forces on Thursday. NVDA stock is down roughly 3% in today’s session, a modest but notable move that reflects a genuine tug-of-war between investor enthusiasm heading into the GTC technology conference and renewed legal scrutiny tied to the company’s past revenue disclosures. The broader market isn’t helping. ... NVIDIA Falls 3% as Inve...
NVIDIA (NASDAQ:NVDA) finds itself caught between two powerful forces on Thursday. NVDA stock is down roughly 3% in today’s session, a modest but notable move that reflects a genuine tug-of-war between investor enthusiasm heading into the GTC technology conference and renewed legal scrutiny tied to the company’s past revenue disclosures. The broader market isn’t helping. ... NVIDIA Falls 3% as Investors Weigh GTC Optimism Against a Revived Class Action Lawsuit