Democrats want more answers after Attorney General Pam Bondi testified for hours about files related to files disgraced financier Jeffrey Epstein. Tyler Kendall reports. (Source: Bloomberg)
Democrats want more answers after Attorney General Pam Bondi testified for hours about files related to files disgraced financier Jeffrey Epstein. Tyler Kendall reports. (Source: Bloomberg)
Earnings Call Insights: Sphere Entertainment Co. (SPHR) Q4 2025 Management View Executive Chairman & CEO James Dolan highlighted progress on Sphere’s business model, emphasizing momentum from the Las Vegas venue and the Wizard of Oz production as “an important blueprint for our long-term vision, a global network of spear venues powered by our proprietary technology and immersive content.” Dolan an...
Earnings Call Insights: Sphere Entertainment Co. (SPHR) Q4 2025 Management View Executive Chairman & CEO James Dolan highlighted progress on Sphere’s business model, emphasizing momentum from the Las Vegas venue and the Wizard of Oz production as “an important blueprint for our long-term vision, a global network of spear venues powered by our proprietary technology and immersive content.” Dolan announced a second U.S. Sphere venue at National Harbor in Maryland, targeting opening within four years and supported by $200 million in state, local, and private incentives. He noted, “We are moving quickly to finalize agreements and secure necessary approvals and believe the venue could be open in 4 years or less.” Dolan reported that preconstruction in Abu Dhabi is in its final stages, with updates on site location expected soon, and stated the company is “in active discussions with a significant number of domestic and international markets regarding large and smaller scale Spheres.” The Wizard of Oz show continues to perform strongly, with over 2.2 million tickets sold and approximately $290 million in ticket sales. Dolan announced plans to release “Wizard of Oz 2.0, an enhanced version of the production with new scenes and new 4D effect.” Executive VP, CFO & Treasurer Robert Langer stated, “For the December quarter, we generated total company revenues of $394.3 million and adjusted operating income of $128 million.” Langer detailed that the Sphere segment’s revenues rose to $274.2 million, driven by the Wizard of Oz and increased performances, along with growth in concert residencies and Exosphere advertising and sponsorship. Langer also noted, “Fourth quarter adjusted operating income for our Sphere segment was $89.4 million as compared to an adjusted operating loss of approximately $800,000 in the prior year quarter,” citing increased revenues and lower SG&A expenses, partially offset by higher direct operating expenses. Outlook Dolan indicated ongoing expansion effor...
Dikuch/iStock via Getty Images Scorpio Tankers ( STNG ) said Thursday it declared options to purchase two scrubber-fitted LR2 newbuilding product tankers to be constructed at China's Dalian Shipbuilding for $68.5M per vessel, with deliveries expected in Q3 and Q4 2029. The decision doubles Scorpio's ( STNG ) order at the yard to four vessels and raises the company's overall newbuilding orderbook t...
Dikuch/iStock via Getty Images Scorpio Tankers ( STNG ) said Thursday it declared options to purchase two scrubber-fitted LR2 newbuilding product tankers to be constructed at China's Dalian Shipbuilding for $68.5M per vessel, with deliveries expected in Q3 and Q4 2029. The decision doubles Scorpio's ( STNG ) order at the yard to four vessels and raises the company's overall newbuilding orderbook to 10 ships. The latest order builds on a fleet renewal move unveiled in December , when Scorpio ( STNG ) agreed to sell two LR2 product tankers for $52.3M each while also lining up two scrubber-fitted LR2 newbuildings at Dalian for $70.8M per vessel, with delivery set for Q3 2027. Scorpio ( STNG ) currently operates a fleet of 91 product tankers; beyond the four LR2s at Dalian, its orderbook includes four MR tankers due for delivery in 2026 and 2027, as well as two VLCCs slated for H2 2028. The company revealed the move alongside Q4 adjusted earnings that beat analyst estimates and a 7% increase in quarterly dividends to $0.45/share. More on Scorpio Tankers Scorpio Tankers Q4 2025 Earnings Call Presentation Scorpio Tankers Poised For Repricing Amid Venezuelan Oil Shift Scorpio Tankers: Entering A Mature Phase With Stable Dividends Ahead
The Capital Group Large Value ETF is seeing unusually high volume in afternoon trading Thursday, with over 338,000 shares traded versus three month average volume of about 27,000. Shares of CGVV were off about 1.3% on the day. Components of that ETF with the highest volume on
The Capital Group Large Value ETF is seeing unusually high volume in afternoon trading Thursday, with over 338,000 shares traded versus three month average volume of about 27,000. Shares of CGVV were off about 1.3% on the day. Components of that ETF with the highest volume on
But despite second day of declines on Wall Street, analysts say sell-off ‘may overstate immediate risk to complex deal-making’ of AI Shares in commercial property services companies have tumbled, in the latest sell-off driven by fears over disruption from artificial intelligence. After steep declines on Wall Street, European stocks in the sector were hit on Thursday. Continue reading...
But despite second day of declines on Wall Street, analysts say sell-off ‘may overstate immediate risk to complex deal-making’ of AI Shares in commercial property services companies have tumbled, in the latest sell-off driven by fears over disruption from artificial intelligence. After steep declines on Wall Street, European stocks in the sector were hit on Thursday. Continue reading...
In trading on Thursday, the Global X Data Center & Digital Infrastructure ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Equinix, up about 11.3% and shares of SBAC, up about 5.3% on the day. A
In trading on Thursday, the Global X Data Center & Digital Infrastructure ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Equinix, up about 11.3% and shares of SBAC, up about 5.3% on the day. A
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Here's the set-up. So-called "old economy" stocks are all the rage as investors search for areas with growth that are not susceptible to AI-related disruption. We talked about this at length on Monday and I won't repeat it all. Suffice it to say, homebuilders are not replicab...
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — Here's the set-up. So-called "old economy" stocks are all the rage as investors search for areas with growth that are not susceptible to AI-related disruption. We talked about this at length on Monday and I won't repeat it all. Suffice it to say, homebuilders are not replicable via LLM. Pulte Homes is the best chart in the space right now. The stock is taking out its high as I type so I'll keep the preamble short. Sean's going to tell you the story, I'll be back with some risk management after… Best Stock Spotlight: PulteGroup, Inc. (PHM) Sean — For those who joined us at the CNBC Live event in January, Josh and I stressed that the market is usually right. The wisdom of crowds is a strong signal that something meaningful is happening beneath the surface. Put differently, price tends to lead fundamentals. Hundreds of thousands of professionals (and algorithms), along with millions of traders are constantly digesting and pricing in new information in real time. And since earnings reports only come out once a quarter, they are by definition a lagging indicator. This year, price is telling a very different story than it has in recent years. Not only is the technology sector lagging the S & P 500, it's underperforming eight other sectors as well. So where are the winners? The State Street S & P Homebuilder ETF (XHB) just cleared its September 2025 high, reaching levels not seen since December 2024. The sub-sector is home to four S & P Residential Construction constituents: D.R. Horton (DHI), Lennar (LEN), NVR (NVR), and PulteGroup (PHM), but only one has earned a spot on our list. PulteGroup (PHM): PulteGroup (PHM) is one of the largest homebuilders in the United States, constructing homes across a range of price points under its Pulte Homes, Del Webb, and Centex brands. PHM's price peaked in October of 2024, a full 52 trading days before revenue to...
Google , the target for billions of euros in European Union antitrust fines, has been hit by a fresh EU probe over concerns it’s illegally rigging the cost of advertising on its search engine. The European Commission suspects Google is “artificially increasing the clearing price” of ad auctions “to the detriment of advertisers,” according to a copy of a Feb. 9 letter to potentially affected busine...
Google , the target for billions of euros in European Union antitrust fines, has been hit by a fresh EU probe over concerns it’s illegally rigging the cost of advertising on its search engine. The European Commission suspects Google is “artificially increasing the clearing price” of ad auctions “to the detriment of advertisers,” according to a copy of a Feb. 9 letter to potentially affected businesses, seen by Bloomberg. The Brussels-based regulator said that the suspected conduct — if backed up by evidence — could violate competition rules, which can trigger fines as high as 10% of global annual sales. In an accompanying request for information, EU watchdogs ask market participants about Google’s dominance across several online advertising markets. While the probe is in its early stages, it could in the near future be announced formally by Competition Commissioner Teresa Ribera , according to people familiar with the case, who spoke on condition of anonymity. The European Commission and Google declined to comment. Similar allegations have earlier been leveled against Google by the US Department of Justice , which had attempted to impose a sale of Google’s chrome browser. That move was overruled by a Washington judge. The EU scrutiny risks adding to the company’s €9.5 billion ($11.3 billion) EU fines tally and worsening relations with the Trump administration . It also adds to a string of fresh probes launched by Brussels in recent weeks against the Mountain View, California-based company. Under the EU’s powerful Digital Markets Act rules, Google was recently handed a six-month deadline to lift technical barriers to rival AI search assistants on Android and give key data to other search engine providers. Separately, the company faces upcoming penalties under the DMA over allegations it unfairly favors in-house services across its sprawling search empire and for preventing app developers from steering consumers to offers outside of its Play Store. The company is also...
The European Commission suspects Google is “artificially increasing the clearing price” of ad auctions “to the detriment of advertisers,” according to a copy of a Feb. 9 letter to potentially affected businesses, seen by Bloomberg. The Brussels-based regulator said that the suspected conduct — if backed up by evidence — could violate competition rules, which can trigger fines as high as 10% of glo...
The European Commission suspects Google is “artificially increasing the clearing price” of ad auctions “to the detriment of advertisers,” according to a copy of a Feb. 9 letter to potentially affected businesses, seen by Bloomberg. The Brussels-based regulator said that the suspected conduct — if backed up by evidence — could violate competition rules, which can trigger fines as high as 10% of global annual sales.
There has been a recent sell-off in software stocks, mainly resulting from Anthropic's innovation that may allow developers to recreate software platforms that businesses pay massive subscriptions to access. However, some software developments are best left to the professionals, and cybersecurity is one of them. Do you really want to take the chance that your in-house developer created a perfect c...
There has been a recent sell-off in software stocks, mainly resulting from Anthropic's innovation that may allow developers to recreate software platforms that businesses pay massive subscriptions to access. However, some software developments are best left to the professionals, and cybersecurity is one of them. Do you really want to take the chance that your in-house developer created a perfect cybersecurity solution? The risk is too high, so this is an area where cybersecurity stocks are likely safe. However, they were not safe from the sell-off, so they are now down significantly from their all-time high for no good reason. One of my favorite stocks in this sector is CrowdStrike (NASDAQ: CRWD) , and I think now is an excellent time to scoop up CrowdStrike shares. Continue reading
AMETEK today announced its Board of Directors has approved a 10% increase in its quarterly cash dividend on common stock to $0.34 per share from $0.31 per share. The first quarter dividend is payable March 31, 2026 to shareholders of record as of March 16, 2026. This dividend i
AMETEK today announced its Board of Directors has approved a 10% increase in its quarterly cash dividend on common stock to $0.34 per share from $0.31 per share. The first quarter dividend is payable March 31, 2026 to shareholders of record as of March 16, 2026. This dividend i
When Johnson and her partner Connor Watkins met on Bumble, he had "no idea" who she was. "I was out-kicking my coverage," he said (Image credit: Jacquelyn Martin)
When Johnson and her partner Connor Watkins met on Bumble, he had "no idea" who she was. "I was out-kicking my coverage," he said (Image credit: Jacquelyn Martin)
Feverpitched Seeking Alpha's roundup of statements and remarks that could impact markets, sectors, or individual stocks. The National Association of Realtors reported that existing home sales slid 8.4% in January month-over-month and 4.4% year-over-year due in part to low inventory. "The decrease in sales is disappointing. The below-normal temperatures and above-normal precipitation this January m...
Feverpitched Seeking Alpha's roundup of statements and remarks that could impact markets, sectors, or individual stocks. The National Association of Realtors reported that existing home sales slid 8.4% in January month-over-month and 4.4% year-over-year due in part to low inventory. "The decrease in sales is disappointing. The below-normal temperatures and above-normal precipitation this January make it harder than usual to assess the underlying driver of the decrease and determine if this month’s numbers are an aberration,” said NAR Chief Economist Dr. Lawrence Yun in a statement . "Affordability conditions are improving, with NAR’s Housing Affordability Index showing that housing is the most affordable it’s been since March 2022. This is due to wage gains outpacing home price growth and mortgage rates being lower than a year ago. However, supply has not kept pace and remains quite low," Yun added. The Russian government is considering embracing the U.S. dollar as part of a new economic partnership with the U.S. According to Bloomberg , an internal Russian government document discussed ways the two governments could work together after the end of the Ukraine war, including the promotion of fossil fuels and joint investments in natural gas, oil, and raw materials. Bloomberg added that a return to the dollar settlement system would be a marked shift in Russian policy and "could hand the Trump administration a major victory in weakening the relationship between Moscow and Beijing." The news outlet also noted the move could cause a "dramatic shake-up for global finance." White House trade advisor Peter Navarro called on JPMorgan ( JPM ) CEO Jamie Dimon to lower interest rates on the bank's credit cards. “James Dimon, lower your friggin’ credit card interest rates. You are a criminal the way you charge the American people at 22, 25, and 30%, and the president wants you to lower that,” Navarro said during an interview with Bloomberg Radio . “Jamie, until you do that, ple...