On the night Chris Wood returned from six months on the sidelines, a comical own goal by the Porto defender Martim Fernandes earned Nottingham Forest a draw and feeling optimistic of advancing to the Europa League semi-finals. The New Zealand striker was withdrawn as anticipated at the interval, Vitor Pereira mindful of the bigger picture, with Sunday’s home match with Aston Villa the first of sev...
On the night Chris Wood returned from six months on the sidelines, a comical own goal by the Porto defender Martim Fernandes earned Nottingham Forest a draw and feeling optimistic of advancing to the Europa League semi-finals. The New Zealand striker was withdrawn as anticipated at the interval, Vitor Pereira mindful of the bigger picture, with Sunday’s home match with Aston Villa the first of seven remaining matches to preserve their Premier League status. Continue reading...
STORY: :: Lisa Bernhard, Reuters :: Eric Diton, President and Managing Director, The Wealth Alliance While stocks suffered their worst first quarter in four years, Diton said that what's interesting is that "the markets never panicked. The VIX got up to about 30, never got up to 40 - the panic situation. The markets sold off as they should. There's a war going on. There's a restriction of the flow...
STORY: :: Lisa Bernhard, Reuters :: Eric Diton, President and Managing Director, The Wealth Alliance While stocks suffered their worst first quarter in four years, Diton said that what's interesting is that "the markets never panicked. The VIX got up to about 30, never got up to 40 - the panic situation. The markets sold off as they should. There's a war going on. There's a restriction of the flow of oil. But you never saw the panic." The reason for that, he said, is that President Trump "made it clear from the very beginning" that the war in Iran "is not a two-year conflict" but a "few-week conflict, and so the markets were willing to look past [that]." Speaking with Reuters' Lisa Bernhard, Diton also discussed why Amazon's Thursday stock rally was warranted, and why Intel, once "left for dead" in the AI race, is showing "tremendous signs of momentum."
Following its Public Listing in the First Quarter of 2026, Xanadu Entered 2026 with Strengthened Capital Resources to Execute Against a Multi-Year Technology Roadmap Spanning Fault Tolerance, Manufacturing Scale-Up, and Commercial Adoption
Following its Public Listing in the First Quarter of 2026, Xanadu Entered 2026 with Strengthened Capital Resources to Execute Against a Multi-Year Technology Roadmap Spanning Fault Tolerance, Manufacturing Scale-Up, and Commercial Adoption
Spring is in the air and it’s all beaming smiles again at Crystal Palace. A sensational performance blew away Fiorentina as Jean-Philippe Mateta scored on his first start since the end of January, Tyrick Mitchell added a second before Ismaïla Sarr’s late header left Oliver Glasner’s side with one foot in the semi-finals in their debut European campaign. Until now, Palace’s performances in front of...
Spring is in the air and it’s all beaming smiles again at Crystal Palace. A sensational performance blew away Fiorentina as Jean-Philippe Mateta scored on his first start since the end of January, Tyrick Mitchell added a second before Ismaïla Sarr’s late header left Oliver Glasner’s side with one foot in the semi-finals in their debut European campaign. Until now, Palace’s performances in front of their own fans in the Conference League have been far from impressive. But having had the luxury of three weeks to prepare for this match, Glasner showed why he has such a good record in knockout matches in recent seasons as his team executed their gameplan perfectly. Continue reading...
The first lady made a rare public statement on Thursday saying she was not friends with the late sex offender. She also said Epstein did not introduce her to President Donald Trump. (Image credit: Samuel Corum)
The first lady made a rare public statement on Thursday saying she was not friends with the late sex offender. She also said Epstein did not introduce her to President Donald Trump. (Image credit: Samuel Corum)
Amazon (NASDAQ:AMZN), global e-commerce and cloud leader, closed Thursday at $233.65, up 5.60%. Shares moved higher after CEO Andy Jassy’s shareholder letter detailed Amazon’s AI, AWS, and chip ambitions. Investors will now be focusing on how aggressive AI infrastructure spending
Amazon (NASDAQ:AMZN), global e-commerce and cloud leader, closed Thursday at $233.65, up 5.60%. Shares moved higher after CEO Andy Jassy’s shareholder letter detailed Amazon’s AI, AWS, and chip ambitions. Investors will now be focusing on how aggressive AI infrastructure spending
Xavier Lorenzo/iStock via Getty Images Rescue itself? Too great? How’s that for a counterintuitive combination of words in a headline! But I’m completely serious. And PLTK seems to also be on this same page. On 4/6/26, it announced that it’s exploring “ strategic alternatives .” That usually means it’s looking for somebody to acquire it. Nice. The company announced a big loss and that it suspended...
Xavier Lorenzo/iStock via Getty Images Rescue itself? Too great? How’s that for a counterintuitive combination of words in a headline! But I’m completely serious. And PLTK seems to also be on this same page. On 4/6/26, it announced that it’s exploring “ strategic alternatives .” That usually means it’s looking for somebody to acquire it. Nice. The company announced a big loss and that it suspended its cash dividend during the 2/26/26 earnings cal l. So now, disappointed shareholders can bank on an M&A rescue. I, too, am hoping for better times. I wrote up PLTK on 4/13/25 and said “Buy.” That aged dismally. The stock, since then, is down about 40%. The S&P 500 is up about 32%. I had high hopes for PLTK’s SuperPlay acquisition. Wait a minute… The purchase I supported turned out better than expected. Yet the stock is in the dumpster and I penned a headline that uses the word “rescue.” Obviously, there’s a lot to unpack here. So let’s get to it… A (Very) Quick Introduction To PLTK This company makes video games. These are simple low-stakes games. They don’t require players to commit lots of time to develop skills, master complex strategies, etc. They’re designed to be played on mobile devices. And they’re free to download. Game proprietors like PLTK make money by selling ads within the games and/or through in-app purchases. With the latter, users pay small fees to advance to higher levels. In the past, PLTK often expanded its game portfolio by making acquisitions. And that leads us to the big one — the SuperPlay acquisition completed on 11/20/24 . Besides adding two big gaming hits ( Dice Dreams and Domino Dreams ) to the PLTK portfolio, the purchase announcement said the deal also… adds a talented development team known for delivering successful games. Together, Playtika and SuperPlay are well-positioned to deliver exceptional gaming experiences to players worldwide. Not every acquirer correctly judges the talents of people who come aboard through an acquisition. But P...
Clearwater Paper ( CLW ) on Thursday announced the restructuring at its Cypress Bend, Arkansas facility, cutting ~20% of salaried and hourly roles. The company also plans to operate the Arkansas facility at about half of its production capability. “We are faced with a supply driven downturn in our industry that is pressing margins and cash flows. We’ve made this difficult decision to improve our o...
Clearwater Paper ( CLW ) on Thursday announced the restructuring at its Cypress Bend, Arkansas facility, cutting ~20% of salaried and hourly roles. The company also plans to operate the Arkansas facility at about half of its production capability. “We are faced with a supply driven downturn in our industry that is pressing margins and cash flows. We’ve made this difficult decision to improve our operating rates and reduce costs,” said CEO Arsen Kitch. The company expects $8M–$12M in annualized cost savings from these actions, with no impact on shipment volumes. More on Clearwater Paper Clearwater Paper signals $70M pricing headwind for 2026 as industry supply pressures persist Clearwater Paper Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Clearwater Paper
JHVEPhoto CarMax ( KMX ) has appointed two new directors to its board, one of whom was nominated by an activist investor and one of the company’s largest shareholders. Auto exec Jim Kessler and Starboard Value nominee William Cobb were added to the CarMax ( KMX ) board at Thursday’s annual meeting of shareholders. Cobb is currently the CEO of home warranty company Frontdoor ( FTDR ) “The addition ...
JHVEPhoto CarMax ( KMX ) has appointed two new directors to its board, one of whom was nominated by an activist investor and one of the company’s largest shareholders. Auto exec Jim Kessler and Starboard Value nominee William Cobb were added to the CarMax ( KMX ) board at Thursday’s annual meeting of shareholders. Cobb is currently the CEO of home warranty company Frontdoor ( FTDR ) “The addition of Bill and Jim brings valuable auto industry and consumer expertise to the Board,” said Tom Folliard, interim executive chair of the Board. “The Board is committed to regular refreshment, and we believe these additions will strengthen the experience of our Board and support long-term value creation for our shareholders.” With the addition of Cobb and as a result of “constructive engagement” with the company, Starboard said it has withdrawn its nominations to the board of directors. After acquiring a $350M stake in the auto dealership, Starboard Value urged the company to take disciplined measures to increase its long-term potential and improve governance. To achieve this, Starboard nominated Cobb and CEO Jeff Smith to its board of directors. In response , CarMax ( KMX ) said it has been taking the “necessary steps to ensure that this business delivers on its potential and is responsive to shareholders,” confirming its engagement with Starboard. After trading sideways for more than a month, CarMax ( KMX ) shares have closed higher for five consecutive days, gaining another 2.4% on Thursday. More on CarMax CarMax: Starboard Value's Letter Highlights Important Topics CarMax: Downgrade To Sell On Unjustified Valuation Multiple Wholesale used car prices jump to more than a two-year high in March CarMax's new CEO sets priorities for future growth Seeking Alpha’s Quant Rating on CarMax