straga/iStock via Getty Images Expand Energy ( EXE ) -2.2% pre-market Monday after saying it appointed its chairman, Michael Wichterich, as interim CEO, effective immediately, succeeding Nick Dell'Osso, who has stepped down as President and CEO and as a director; no explanation was provided for the change. Expand Energy's ( EXE ) board said it has launched a search for a permanent CEO with the ass...
straga/iStock via Getty Images Expand Energy ( EXE ) -2.2% pre-market Monday after saying it appointed its chairman, Michael Wichterich, as interim CEO, effective immediately, succeeding Nick Dell'Osso, who has stepped down as President and CEO and as a director; no explanation was provided for the change. Expand Energy's ( EXE ) board said it has launched a search for a permanent CEO with the assistance of an independent recruitment firm. Wichterich has served as Chairman of Expand Energy's ( EXE ) board since 2021, and was interim CEO for six months in 2021; he is the founder and CEO of Three Rivers Operating Company, a private exploration and production company with a focus in the Permian Basin. Dell'Osso had been Expand Energy's ( EXE ) President and CEO since 2021, after serving as Chesapeake Energy's Executive VP and CFO during 2010-21; before joining Chesapeake in 2008, he was an energy investment banker with Jefferies and Banc of America Securities. Expand Energy ( EXE ) also said it plans to relocate its corporate headquarters to Houston from Oklahoma City and reaffirmed its synergy, capital, and operating outlook for Q4 and FY 2025. More on Expand Energy Expand Energy: 2026 Free Cash Flow Projected At $2 Billion With Weaker Natural Gas Prices (Rating Upgrade) Expand Energy: Strong Positioning For Bullish 2026 Expand Energy: Increases Expected Merger Synergies By $200 Million Per Year
Luis Alvarez Stock index futures were deeply in the red on Thursday as investors digested Alphabet’s earnings beat and assessed the latest labor data. Here are the four stocks to watch on the day: Eli Lilly ( LLY ) shares rose 2.07% in premarket trading after the pharmaceutical giant agreed to acquire biotechnology company Orna Therapeutics for up to $2.4 billion in cash. The deal includes an upfr...
Luis Alvarez Stock index futures were deeply in the red on Thursday as investors digested Alphabet’s earnings beat and assessed the latest labor data. Here are the four stocks to watch on the day: Eli Lilly ( LLY ) shares rose 2.07% in premarket trading after the pharmaceutical giant agreed to acquire biotechnology company Orna Therapeutics for up to $2.4 billion in cash. The deal includes an upfront payment and subsequent payments tied to the achievement of certain clinical development milestones. The acquisition provides Lilly with a broad platform for long-term innovation in genetic medicine and in vivo cell engineering. Novo Nordisk ( NVO ) shares climbed 5.52% in premarket trade after the Danish drugmaker announced it has filed a lawsuit against Hims & Hers (HIMS), accusing the telehealth platform of violating its rights to a key U.S. patent related to its weight loss therapy, semaglutide. Novo Nordisk alleges that HIMS has infringed U.S. Patent 8,129,343 by unlawfully mass-marketing unapproved versions of semaglutide drugs, including its recently launched oral obesity therapy, the Wegovy pill. TotalEnergies ( TTE ) shares edged up 0.41% in premarket trading after the energy company signed two new long-term power purchase agreements to deliver 1 GW of solar capacity to supply Google’s (GOOGL) data centers in Texas. The deal is equivalent to 28 TWh of renewable electricity over 15 years. Apollo Global Management ( APO ) shares climbed 2.55% in premarket trading after the alternative asset manager reported Q4 results reflecting robust lending growth, strengthening management fees, and a jump in principal investing income. Q4 adjusted EPS of $2.47 surged past the average analyst estimate of $2.04 and jumped from $2.17 in Q3 and $2.22 in Q4 2024. More Related Stories Novo Nordisk: There's Plenty Of Value In Avoiding This Stock Novo Nordisk: The Selloff Is A Blessing In Disguise Novo Nordisk A/S (NOVO:CA) Q4 2025 Earnings Call Transcript Apollo Global Q4 earnings be...
(RTTNews) - Edgewell Personal Care Co. (EPC) on Monday revised down its annual guidance to exclude the results from the Feminine Care business, which is reported as discontinued operations following divestiture. For fiscal 2026, Edgewell now expects net income of $0.55 to $0.95 per share, compared with the prior outlook of $1.10 to $1.50 per share. This revised guidance includes restructuring and ...
(RTTNews) - Edgewell Personal Care Co. (EPC) on Monday revised down its annual guidance to exclude the results from the Feminine Care business, which is reported as discontinued operations following divestiture. For fiscal 2026, Edgewell now expects net income of $0.55 to $0.95 per share, compared with the prior outlook of $1.10 to $1.50 per share. This revised guidance includes restructuring and related costs, Sun Care reformulation, and other costs. Excluding items, earnings are now anticipated to be in the range of $1.70 to $2.10 per share against the previous guidance of $2.15 to $2.55 per share. This reflects a $0.44 per share reduction from classifying the Feminine Care business as discontinued operations. On an annualized basis, this impact could be around $0.20 per share, compared with the company's prior annualized outlook of $0.40 to $0.50 per share impact. Edgewel, however, reaffirmed its annual net sales growth guidance of around 0.5% to 3.5%. The drug maker projects annual capital expenditures of around 3% to 3.5% of sales. On February 5, the Board declared a quarterly cash dividend of $0.15 per share for the first quarter of fiscal 2026. The dividend will be paid on April 8, to shareholders on record March 6. EPC was down by 2.98% at $20.13 in the pre-market trade on the New York Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Jack Henry & Associates ( JKHY ) declared $0.61/share quarterly dividend , 5.2% increase from prior dividend of $0.58. Forward yield 1.41% Payable March 25; for shareholders of record March 5; ex-div March 5. See JKHY Dividend Scorecard, Yield Chart, & Dividend Growth. More on Jack Henry & Associates Jack Henry & Associates, Inc. (JKHY) Q2 2026 Earnings Call Transcript Jack Henry & Associates: Rel...
Jack Henry & Associates ( JKHY ) declared $0.61/share quarterly dividend , 5.2% increase from prior dividend of $0.58. Forward yield 1.41% Payable March 25; for shareholders of record March 5; ex-div March 5. See JKHY Dividend Scorecard, Yield Chart, & Dividend Growth. More on Jack Henry & Associates Jack Henry & Associates, Inc. (JKHY) Q2 2026 Earnings Call Transcript Jack Henry & Associates: Reliable Compounder, Solid Outlook Jack Henry & Associates, Inc. (JKHY) Presents at 53rd Annual Nasdaq Investor Conference Transcript Jack Henry outlines 6.4%-7.1% revenue growth outlook for fiscal 2026 amid strong core wins and margin expansion
TORONTO, Feb. 09, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) announces that the Board of Directors of the Company has approved grants of 671,742 Restricted Share Units (RSUs) and 348,607 Deferred Share Units (DSUs) to officers and non-executive directors under its 2024 Omnibus Equity Incentive Plan, as amended, in line with TSX Venture Exc...
TORONTO, Feb. 09, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) announces that the Board of Directors of the Company has approved grants of 671,742 Restricted Share Units (RSUs) and 348,607 Deferred Share Units (DSUs) to officers and non-executive directors under its 2024 Omnibus Equity Incentive Plan, as amended, in line with TSX Venture Exchange policies. The RSUs and DSUs vest in three equal tranches starting one year from the grant date. Each unit converts to one common share of the Company upon settlement in accordance with the Plan. The grants aim to align leadership interests with shareholders, recognize contributions and support long-term retention and performance. About NexGold Mining Corp. NexGold is a gold-focused company with assets in Canada and Alaska. NexGold’s Goldboro Gold Project is located in Nova Scotia. The Goliath Gold Complex (which includes the Goliath, Goldlund and Miller deposits) is located in Northwestern Ontario. NexGold also owns several other projects throughout Canada, including the Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock. In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. NexGold is committed to inclusive, informed and meaningful dialogue with regional communities and Indigenous Nations throughout the life of all our projects and on all aspects, including creating sustainable economic opportunities, providing safe workplaces, enhancing of social value, and promoting community wellbeing. Contact: Kevin Bullock President & CEO (647) 388-1842 kbullock@nexgold.com Orin Baranowsky Chief Financial Officer (647) 697-2625 obaranowsky@nexgold.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of th...
Taiwan's vice-premier has ruled out relocating 40 percent of the country's semiconductor production to the US, calling the Trump administration's goal "impossible." In an interview broadcast on the CTS channel, vice premier Cheng Li-chiun said she made clear to US officials that Taiwan's semiconductor ecosystem cannot be moved and its most advanced technologies will remain domestic. "When it comes...
Taiwan's vice-premier has ruled out relocating 40 percent of the country's semiconductor production to the US, calling the Trump administration's goal "impossible." In an interview broadcast on the CTS channel, vice premier Cheng Li-chiun said she made clear to US officials that Taiwan's semiconductor ecosystem cannot be moved and its most advanced technologies will remain domestic. "When it comes to 40 or 50 percent of production capacity being moved to the United States... I have made it very clear to the US side that this is impossible," she said, according to The Straits Times. Cheng led Taiwan's January's trade delegation to Washington, which secured reduced US tariffs on Taiwanese goods - from 20 percent to 15 percent - in exchange for increased investment into America's tech sector. At the time, US commerce secretary Howard Lutnick told CNBC the deal aimed to relocate 40 percent of Taiwan's entire chip manufacturing and production capacity to America. A Department of Commerce release cast the agreement as a "massive reshoring of America's semiconductor sector." Taiwan, which produces more than 60 percent of global semiconductors and roughly 90 percent of the world's most advanced chips, insists it gained this leadership position by investing in the tech when other countries didn't. Former Intel chief Pat Gelsinger supports this view, publicly stating a couple of years ago that countries like Korea, Taiwan, and China put in place long-term industrial policies and investment in chipmaking, while the US and European nations failed to do the same. Cheng reiterated this in her interview, saying that "an industrial ecosystem built up over decades cannot be relocated." Taiwan views its semiconductor dominance as strategic defense against Chinese aggression. Beijing claims Taiwan as its territory and threatens reunification by force if necessary. Even Lutnick acknowledged this "silicon shield" dynamic last year, noting China's open ambitions: "We need their silicon, ...
Luis Alvarez/DigitalVision via Getty Images Like many software companies, shares of Workday ( WDAY ) have been pummeled - the stock has declined 25% year-to-date (and it is only February!), is down 41% over the past year, and is down 48% from its all-time high in early 2024. I last covered Workday in November of 2022 after shares had declined 50% during the 2022 tech wreck selloff. I decided to re...
Luis Alvarez/DigitalVision via Getty Images Like many software companies, shares of Workday ( WDAY ) have been pummeled - the stock has declined 25% year-to-date (and it is only February!), is down 41% over the past year, and is down 48% from its all-time high in early 2024. I last covered Workday in November of 2022 after shares had declined 50% during the 2022 tech wreck selloff. I decided to revisit the story as while Workday's absolute share price is up 20% since my last write-up, its forward free cash flow multiple has compressed from 22x to just 14x today despite Workday having achieved strong results over the past three years. The death of software narrative has caused investors to indiscriminately sell dump shares of software companies, seemingly irrespective of price which I believe has created an attractive opportunity in shares of Workday. 5 Reasons I am Buying Workday shares While the death of software narrative has clearly been driving the behavior of stock market participants lately, as a long-term investor, I am excited to be able to purchase a high-quality, fast-growing business like Workday at a very attractive valuation. Below I highlight five reasons I am buying the stock. Workday CEO on Client Behavior (Workday 2025 Investor Day Transcript from Seeking Alpha) Organizational behavior & incentives favor incumbent software providers of mission-critical ERP (enterprise resource planning) software like Workday. Long-term enterprise software decision-making at large companies is about finding a trusted platform that can provide secure, consistent, scalable solutions for the next decade plus. It isn't about the latest technical capabilities of the software/application (though these tend to be integrated with the incumbent system over time). It is almost never about the lowest-cost option - consider that open-source software, which has been around for decades and is essentially free, has never gotten much traction in displacing comparatively expensive so...
Mercari, Inc. press release ( MCARY ): 2H GAAP EPS of ¥ 62.63. Revenue of ¥ 106B. More on Mercari, Inc. Seeking Alpha’s Quant Rating on Mercari, Inc. Historical earnings data for Mercari, Inc. Financial information for Mercari, Inc.
Mercari, Inc. press release ( MCARY ): 2H GAAP EPS of ¥ 62.63. Revenue of ¥ 106B. More on Mercari, Inc. Seeking Alpha’s Quant Rating on Mercari, Inc. Historical earnings data for Mercari, Inc. Financial information for Mercari, Inc.
Posts from this author will be added to your daily email digest and your homepage feed. Discord announced on Monday that it’s rolling out age verification on its platform globally starting next month, when it will automatically set all users’ accounts to a “teen-appropriate” experience unless they demonstrate that they’re adults. Users who aren’t verified as adults will not be able to access age-r...
Posts from this author will be added to your daily email digest and your homepage feed. Discord announced on Monday that it’s rolling out age verification on its platform globally starting next month, when it will automatically set all users’ accounts to a “teen-appropriate” experience unless they demonstrate that they’re adults. Users who aren’t verified as adults will not be able to access age-restricted servers and channels, won’t be able to speak in Discord’s livestream-like “stage” channels, and will see content filters for any content Discord detects as graphic or sensitive. They will also get warning prompts for friend requests from potentially unfamiliar users, and DMs from unfamiliar users will be automatically filtered into a separate inbox. Direct messages and servers that are not age-restricted will continue to function normally, but users won’t be able to send messages or view content in an age-restricted server until they complete the age check process, even if it’s a server they were part of before age verification rolled out. Savannah Badalich, Discord’s global head of product policy, said in an interview with The Verge that those servers will be “obfuscated” with a black screen until the user verifies they’re an adult. Users also won’t be able to join any new age-restricted servers without verifying their age. Previous Next 1 / 2 Unverified users won’t be able to enter age-restricted servers. Image: Discord Discord’s global age verification launch is part of a wave of similar moves at other online platforms, driven by an international legal push for age checks and stronger child safety measures. This is not the first time Discord has implemented some form of age verification, either. It initially rolled out age checks for users in the UK and Australia last year, which some users figured out how to circumvent using Death Stranding’s photo mode. Badalich says Discord “immediately fixed it after a week,” but expects users will continue finding creative...
pingingz/iStock via Getty Images No Need To Be Afraid Of Credo's Dip Since my most recent call on Credo Technology ( CRDO ) in January, the stock has managed to drop by ~26%, seemingly mimicking the weakness in the ( QQQ ), although the more related market niches, such as semiconductors - ( SOXX ) and ( SOXQ ) - are up 6% and 5.34%, respectively, over the same period. Data by YCharts Seeing this k...
pingingz/iStock via Getty Images No Need To Be Afraid Of Credo's Dip Since my most recent call on Credo Technology ( CRDO ) in January, the stock has managed to drop by ~26%, seemingly mimicking the weakness in the ( QQQ ), although the more related market niches, such as semiconductors - ( SOXX ) and ( SOXQ ) - are up 6% and 5.34%, respectively, over the same period. Data by YCharts Seeing this kind of massive movement in just a single month, and keeping in mind that the firm reports shortly, I thought it would be great to update my thesis with the main focus on what's changed and what's coming next for CRDO. I don't think CRDO's correction can be explained by the business' fundamental deterioration. What's likely happening is more about taking profits rather than punishing for an upcoming slowdown in Credo's business momentum. I believe the market has just given tech-focused GARP investors a nice opportunity to load up on CRDO stock about 3 weeks ahead of its earnings release (expected on March 4th, 2026, according to Seeking Alpha). I expect to see yet another strong print from Credo and, subsequently, a strong reaction to the results, likely recovering most of the lost momentum from recent weeks. Previewing The Upcoming Q3 Earnings It's hard to see what exactly caused the stock's massive correction lately because I couldn't find a reasonable explanation on the side of the firm's fundamentals. No major corporate news, no investigations, nothing of this kind. Yes, the stock had a large premium put on its forward valuation, but as I wrote multiple times before, Credo seemed to deserve the price tag thanks to its superior growth rates in general. Anyway, I see a couple of reasons. First, the seasonality factor. The 1st calendar quarter has been the weakest for CRDO's price action since 2022. For example, in February, March, and April, the stock had positive returns in only 50%, 0%, and 25% of years, respectively. Seeking Alpha, CRDO's seasonality So, many investors ...
Michael M. Santiago/Getty Images News I previously covered Philip Morris ( PM ) in November 2025, discussing why it paid to be patient, with the stock's prior corrections already triggering an improved margin of safety for those looking to add, as observed in the more reasonable valuations and the bottoming technical indicators. Combined with the renewed growth opportunities arising from the promi...
Michael M. Santiago/Getty Images News I previously covered Philip Morris ( PM ) in November 2025, discussing why it paid to be patient, with the stock's prior corrections already triggering an improved margin of safety for those looking to add, as observed in the more reasonable valuations and the bottoming technical indicators. Combined with the renewed growth opportunities arising from the promising smoke-free portfolio and the dividend hike, I had upgraded the stock to a Buy then. In this article, I shall discuss why I am reiterating my Buy rating for the PM stock, with the robust volumes/pricing growth tailwinds in the smoke-free segment and the excellent price elasticity of its combustible segment already underscoring its successful, well-diversified tobacco investment thesis. This is significantly aided by the promising insights from the management's multi-year growth guidance, the healthier balance sheet, and the secure, decent dividend investment thesis. PM Monetizes Next-Gen Tobacco Offerings PM 1Y Stock Price ( TradingView) Since my last Buy article, PM has indeed charted an impressive rally, with a similar uptrend also observed in numerous value/dividend-oriented stocks, including its peers in the tobacco, telecom, and REIT sectors, in varying degrees. Much of their tailwinds are attributed to the notable market rotation during the prior AI-related valuation fears and elevated debt fears after the Q3'25 earnings season, worsened by the near-term macroeconomic uncertainty arising from the slower hiring growth/lower unemployment rates against the persistently elevated inflationary pressure reported in January 2026. Combined with the increased likelihood of a consecutively paused Fed rate cut in the upcoming FOMC meeting in March 2026, it is unsurprising that investors have already flocked to these sectors, as similarly observed in PM's recent rally of +26.4% since the November 2025 bottom. PM's Successful Smoke-Free Business (PM) PM's investment thesis has ...
akinbostanci/E+ via Getty Images With major stock indexes at all-time highs, some investors may want to protect a part of their gains against market downside. In this context, Cambria has a compelling elevator pitch: Research performed by Cambria suggests that, historically, a portfolio of puts purchased on the broad market can help to protect and diversify a traditional long-only portfolio from m...
akinbostanci/E+ via Getty Images With major stock indexes at all-time highs, some investors may want to protect a part of their gains against market downside. In this context, Cambria has a compelling elevator pitch: Research performed by Cambria suggests that, historically, a portfolio of puts purchased on the broad market can help to protect and diversify a traditional long-only portfolio from market downturns. TAIL strategy Cambria Tail Risk ETF ( TAIL ) is an actively managed ETF launched on 04/06/2017 with the objective to mitigate downside market risk with put options on the S&P 500 Index and provide income with U.S. Treasuries. TAIL is co-managed by Mebane Faber and has an expense ratio of 0.59%. Cambria's team is known for their systematic, data-oriented approach to investing. As described by Cambria , the fund invests in U.S. Treasuries and uses a put option strategy to hedge against sharp declines in the U.S. stock market. This strategy targets put options on U.S. stock indices in the 0% to 30% out-of-the-money range ("OTM") over rolling one-month periods. The fund's turnover rate was 86% in the most recent fiscal year. Cambria issues a warning: As the fund is designed to be a hedge against market declines and rising volatility, Cambria expects the fund to produce negative returns in most years with rising markets or declining volatility. Portfolio As of writing, the fund has 93% of its asset value in Treasuries and a Treasury fund and 10 long positions in put options on the S&P 500 Index. These options are laddered on expiration dates from March 2026 to March 2027 and strike prices between 5000 and 6400. These positions are rolled on a monthly basis and may have changed by the time you read this. Historical performance TAIL has a total return of -46% since its inception in April 2017, outperforming the ProShares Short S&P 500 ETF ( SH ), a mainstream hedging ETF that shorts the S&P 500 using swap agreements, by 23 percentage points. TAIL vs SH total retur...
Japanese Prime Minister Sanae Takaichi’s landslide victory has raised concern in China that she may seek to change the country’s pacifist constitution. Beijing would regard any change to the constitution, which renounces the use of force to settle international disputes, as a threat to regional stability and is likely to react strongly to any changes. Takaichi has previously suggested she wanted t...
Japanese Prime Minister Sanae Takaichi’s landslide victory has raised concern in China that she may seek to change the country’s pacifist constitution. Beijing would regard any change to the constitution, which renounces the use of force to settle international disputes, as a threat to regional stability and is likely to react strongly to any changes. Takaichi has previously suggested she wanted to change Article 9 of the constitution, imposed after Japan’s defeat in World War II, which prohibits the country from having armed forces with the “potential” to wage war. Advertisement On Monday she said Japan was continuing to communicate with China at “various levels” and would respond “calmly and appropriately from the standpoint of Japan’s national interests”. While being too specific, she added that she would listen to a range of voices and be “bold” in building a Japan that would make younger generations proud, according to Bloomberg. Advertisement Takaichi also said her victory – which gave her Liberal Democratic Party (LDP) more than two thirds of the seats in the lower house – had given her a mandate to carry out “important policy shifts”.
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . The European Union launched a fresh shot across the bows at US tech this morning, sending a statement of objections to Meta over allegedly blocking the use of rival artificial intelligence assistants on WhatsApp. The accusation, which...
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . The European Union launched a fresh shot across the bows at US tech this morning, sending a statement of objections to Meta over allegedly blocking the use of rival artificial intelligence assistants on WhatsApp. The accusation, which was rejected by Meta, is the latest action by the European Commission towards US technology companies, this time over alleged anti-competitive practices rather than content. In an interview with Bloomberg Television shortly after the announcement, EU Competition Chief Teresa Ribera said the development was purely about addressing market dominance – not politics. “The abuse of a dominant position in a given market that prevents any other alternative for final users is not good news for anyone… it’s not good news in Europe; it’s not good news in the United States,” she said. “This is the message that we wanted to send to Meta.” Asked how the US would react to the latest action by Brussels against an American tech company, Ribera said it was about enforcement of the law. “This is not connected to politics but connected to well-functioning markets and consumers,” she said, adding that the origin or headquarters of any given company was not considered. The Trump administration and senior members of Congress have railed against EU regulation of Big Tech, arguing that US companies are being targeted and that Brussels is trying to stifle free speech – a characterization that the commission rejects. Ribera, who is due to visit the US next month, also confirmed that she’s keeping an eye on the ongoing maneuvers over Paramount and Netflix’s bid for Warner Brothers – one of the biggest deals of the year. “We will be paying attention to whatever operation – consolidation, acquisition – that may take place,” she said. “For the time being, it’s not clear.” The Spanish commissioner, who i...
Millions of files related to Jeffrey Epstein have brought to light his ties to the highest echelons of the cryptocurrency industry. Documents published last week by the US Department of Justice reveal Epstein bankrolled the “principal home and funding source” for bitcoin, the world’s largest cryptocurrency, during its nascent stages; he also invested $3m in Coinbase in 2014, the largest cryptocurr...
Millions of files related to Jeffrey Epstein have brought to light his ties to the highest echelons of the cryptocurrency industry. Documents published last week by the US Department of Justice reveal Epstein bankrolled the “principal home and funding source” for bitcoin, the world’s largest cryptocurrency, during its nascent stages; he also invested $3m in Coinbase in 2014, the largest cryptocurrency exchange in the US, and cut a check that same year to Blockstream, a prominent bitcoin-focused technology firm. Both crypto startups accepted Epstein’s investments in 2014 – six years after his 2008 conviction in Florida for soliciting prostitution from a minor. Despite murmurings among crypto communities online about the need for a sector-level reckoning around the Epstein files’ revelations, most industry players predict few consequences for crypto companies or the sector writ large. Some see Epstein as a “skeptical investor” who pulled out of his crypto investments prematurely; others go so far as to claim Epstein was attempting to “undermine bitcoin”. Coinbase’s questionable cash The crypto companies that secured Epstein’s investment have grown into multi-billion-dollar giants, especially Coinbase, which went public on the Nasdaq in 2021, and whose co-founder, Brian Armstrong, has heavily influenced crypto regulation in the United States. Epstein’s 2014 investment in Coinbase was brokered by crypto evangelist Brock Pierce, a former child actor and a co-founder of Tether, the world’s largest issuer of stablecoins, a kind of cryptocurrency whose value is typically pegged to a national currency. Documents published by the DoJ reveal Fred Ehrsam, a co-founder of Coinbase who spearheaded its fundraise, liaised with Pierce about Epstein’s investment in the company and sought to meet with Epstein “if convenient”. Additional filings suggest Epstein sold half of his shares to Pierce’s firm, Blockchain Capital, for $15m in 2018. A spokeswoman for Coinbase declined to comment...
When Justin Vernon of Bon Iver appeared on the red carpet at the Grammy awards he was wearing an accessory that has become a must-carry for activists in neighborhoods targeted by ICE: a whistle. The whistle has become a key part in the defense against Donald Trump’s aggressive immigration crackdown, used to alert people to the presence of agents. But it has also become a target for the right, who ...
When Justin Vernon of Bon Iver appeared on the red carpet at the Grammy awards he was wearing an accessory that has become a must-carry for activists in neighborhoods targeted by ICE: a whistle. The whistle has become a key part in the defense against Donald Trump’s aggressive immigration crackdown, used to alert people to the presence of agents. But it has also become a target for the right, who have branded whistles “hearing-loss-causing machines” and said the act of blowing a whistle may constitute “assault”. “Those women absolutely went out of their way to cross the street and arguably commit assault against the officers with whistles in the ears,” the rightwing streamer Steven Crowder weighed in last week, referring to women at the scene of Alex Pretti’s killing in Minneapolis. Crowder wasn’t alone. Mike Cernovich, who like Crowder is part of a conservative movement that has branded liberals “snowflakes”, claimed last week that whistles “should be considered a violent weapon”, as the right coalesced in opposition to the device. The whistle has gained such attacked status due to people using it to support undocumented immigrants across the country. Protesters have developed a straight-forward code for when they encounter immigration agents. “If you see ICE in the neighborhood, blow your whistle in short bursts. If you witness ICE detaining someone, blow the whistle in a long, repeated pattern,” is how Hands Off NYC, an advocacy group active in New York, characterizes it. Its use has spread across the country. In Chicago people have held “whistle parties” where they hand out the devices, and one group has distributed more than 150,000 whistles across the country, the Chicago Sun-Times reported. Activists in cities ranging from Milwaukee to New York, Portland and Los Angeles have done the same. The ubiquity of whistles in immigration standoffs has led them to be castigated, however. Megyn Kelly, a rightwing podcaster, suggested last week that whistleblowing contri...
On an outcrop above the Chubut River, one of the few to cut across the arid Patagonian steppe of southern Argentina, Sergio Pichiñán points across a wide swath of scrubland to colourful rock formations on a distant hillside. “That’s where they dug for uranium before, and when the miners left, they left the mountain destroyed, the houses abandoned, and nobody ever studied the water,” he says, citin...
On an outcrop above the Chubut River, one of the few to cut across the arid Patagonian steppe of southern Argentina, Sergio Pichiñán points across a wide swath of scrubland to colourful rock formations on a distant hillside. “That’s where they dug for uranium before, and when the miners left, they left the mountain destroyed, the houses abandoned, and nobody ever studied the water,” he says, citing suspicions arising from cases of cancer and skin diseases in his community. “If they want to open this back up, we’re all pretty worried around here.” Pichiñán lives in Cerro Cóndor, a hamlet with a sparse Indigenous Mapuche population due to the area’s harsh summers, cold winters and little rain. The National Atomic Energy Commission (CNEA) mined uranium here in the 1970s and it is now in focus as President Javier Milei aims to shift Argentina’s nuclear strategy. The remote region sees few visitors, but in November, a delegation from the International Atomic Energy Agency visited as part of an Integrated Uranium Production Cycle Review. Cerro Solo, adjacent to the shuttered mines, is one of CNEA’s largest proven uranium deposits, and restarting mining of the ore is the first step in Milei’s new nuclear plan. View image in fullscreen Sergio Pichiñán points across the river toward the old uranium mines: ‘If they want to open this back up, we’re all pretty worried around here.’ Photograph: Denali DeGraf The others are to develop small modular reactors, use them to power AI datacentres, export reactors and uranium, and partially privatise Nucleoeléctrica, the state-owned nuclear energy utility. Yet the plan is facing fierce criticism from both pro- and anti-nuclear voices. Argentina’s non-military nuclear programme is 75 years old. It exports research reactors that produce isotopes for medical radiology and science, and its three nuclear plants – Atucha I and II and Embalse – provide about 5% of the country’s electricity. Exporting uranium isn’t an Argentine nuclear plan; it...
China should consider delaying US President Donald Trump’s visit to the country and inflict “harsh” punishments on Panama after it stripped a Hong Kong-based conglomerate of its control of the canal, a legal analyst has said. Tian Feilong, vice dean of the law school at Minzu University, also said Beijing should impose “institutional” punishments on US “proxies” in the Latin American country and i...
China should consider delaying US President Donald Trump’s visit to the country and inflict “harsh” punishments on Panama after it stripped a Hong Kong-based conglomerate of its control of the canal, a legal analyst has said. Tian Feilong, vice dean of the law school at Minzu University, also said Beijing should impose “institutional” punishments on US “proxies” in the Latin American country and impose secondary sanctions on relevant American parties. By “squeezing” China out of Latin America, the Trump administration was “trying hard to gain favourable chips” for the US leader’s trip to the country this year, he argued in an article published on the Shanghai-based news portal Guancha.cn. Advertisement Trump has repeatedly said the United States must gain control of the waterway, claiming it is “operated by China”. Advertisement His administration’s recent national security strategy also set out the White House’s wish to keep “adversaries” away from key strategic territories such as the canal and Greenland.
Alphabet (GOOGL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this internet search leader have returned -1.7%, compared to the Zacks S&P 500 composite's -0.2% change. During this period, the Zacks Internet - Services industry, which A...
Alphabet (GOOGL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this internet search leader have returned -1.7%, compared to the Zacks S&P 500 composite's -0.2% change. During this period, the Zacks Internet - Services industry, which Alphabet falls in, has gained 1%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Alphabet is expected to post earnings of $2.61 per share, indicating a change of -7.1% from the year-ago quarter. The Zacks Consensus Estimate has changed +3.8% over the last 30 days. The consensus earnings estimate of $11.37 for the current fiscal year indicates a year-over-year change of +5.2%. This estimate has changed +3.1% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $13.26 in...
Alibaba (BABA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this online retailer have returned +7.7% over the past month versus the Zacks S&P 500 composite's -0.2% change. The Zacks Internet - Commerce industry, to which Alibaba belongs, has...
Alibaba (BABA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this online retailer have returned +7.7% over the past month versus the Zacks S&P 500 composite's -0.2% change. The Zacks Internet - Commerce industry, to which Alibaba belongs, has lost 10.9% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, Alibaba is expected to post earnings of $1.91 per share, indicating a change of -34.8% from the year-ago quarter. The Zacks Consensus Estimate has changed -16.8% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $5.98 points to a change of -33.6% from the prior year. Over the last 30 days, this estimate has changed -6.9%. For the next fiscal yea...
Qualcomm (QCOM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this chipmaker have returned -22.8% over the past month versus the Zacks S&P 500 composite's -0.2% change. The Zacks Electronics - Semiconductors industry, to which Qualcomm belong...
Qualcomm (QCOM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this chipmaker have returned -22.8% over the past month versus the Zacks S&P 500 composite's -0.2% change. The Zacks Electronics - Semiconductors industry, to which Qualcomm belongs, has lost 0.9% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Qualcomm is expected to post earnings of $2.79 per share for the current quarter, representing a year-over-year change of -2.1%. Over the last 30 days, the Zacks Consensus Estimate has changed -19.4%. The consensus earnings estimate of $11.74 for the current fiscal year indicates a year-over-year change of -2.4%. This estimate has changed -3.3% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $12.17 in...