GarryKillian/iStock via Getty Images Northrop Grumman ( NOC ) and 4iG Space and Defence Technologies on Tuesday said they began work on a geosynchronous satellite that will serve as Hungary’s first domestically controlled communications platform. (left to right): Steve O’Bryan, corporate vice president and global business development officer, Northrop Grumman; Dorothy Mayhew, deputy chief of missi...
GarryKillian/iStock via Getty Images Northrop Grumman ( NOC ) and 4iG Space and Defence Technologies on Tuesday said they began work on a geosynchronous satellite that will serve as Hungary’s first domestically controlled communications platform. (left to right): Steve O’Bryan, corporate vice president and global business development officer, Northrop Grumman; Dorothy Mayhew, deputy chief of mission of the United States; Troy Brashear, vice president, space international growth, Northrop Grumman; Márton Nagy, national economy minister of Hungary; István Sárhegyi, CEO, 4iG Space and Defence Technologies; Gellért Jászai, ambassador extraordinary and plenipotentiary and Chairman of 4iG. (4iG Space and Defence Technologies) The satellite is expected to provide secure Ka-band connectivity for both government and commercial users across the region, marking a step toward greater national control over critical communications infrastructure. GEOStar-3 platform selected for mission The spacecraft will be based on Northrop Grumman’s GEOStar-3 platform, a widely used satellite bus that has supported more than 50 missions globally. The platform is commonly deployed for both military and commercial communications systems, offering a standardized architecture designed for geosynchronous orbit operations. Subheading: Agreement builds on earlier cooperation framework The project follows a previously signed memorandum of understanding between the two companies covering broader collaboration in space and defense programs. Company representatives indicated the partnership combines Northrop Grumman’s manufacturing capabilities with 4iG’s regional role, with the goal of delivering a system aligned with Hungary’s security and communications needs. Subheading: Focus on secure regional connectivity The satellite is intended to support secure data transmission across Central and Eastern Europe, reflecting growing demand among governments for independent and resilient communications systems. ...
Huachen AI Parking ( HCAI ) on Wednesday said that it will implement a 1-for-30 reverse stock split of its Class A and Class B shares, effective April 13, subject to Nasdaq approval. The company said the move is intended to increase its share price to help maintain compliance with Nasdaq’s minimum bid requirement. Its Class A shares will continue to trade under the ticker “HCAI.” Following the spl...
Huachen AI Parking ( HCAI ) on Wednesday said that it will implement a 1-for-30 reverse stock split of its Class A and Class B shares, effective April 13, subject to Nasdaq approval. The company said the move is intended to increase its share price to help maintain compliance with Nasdaq’s minimum bid requirement. Its Class A shares will continue to trade under the ticker “HCAI.” Following the split, every 30 shares will be consolidated into one, reducing Class A shares outstanding to about 629,167 from roughly 18.9 million and Class B shares to about 533,333 from 16 million. The par value of both share classes will increase to $0.0000375, and the total number of authorized shares will be reduced accordingly, the company said. Fractional shares will be rounded up to the nearest whole share. The reverse split was authorized by shareholders in December, with the board approving the 1-for-30 ratio on March 24. The company will also adopt a new CUSIP number, while retaining its existing ticker symbol. Source: Press Release More on Huachen AI Parking Management Technology Holding Co., Ltd Financial information for Huachen AI Parking Management Technology Holding Co., Ltd
Dynatrace ( DT ) on Wednesday said it would acquire Bindplane, a company whose open-standards-based telemetry pipeline helps organizations capture and manage data at scale. Financial terms of the deal were not disclosed. Bindplane's technology optimizes and governs telemetry at the edge to improve data quality, reduce ingest costs, and enhance compliance through the removal, masking, and encryptio...
Dynatrace ( DT ) on Wednesday said it would acquire Bindplane, a company whose open-standards-based telemetry pipeline helps organizations capture and manage data at scale. Financial terms of the deal were not disclosed. Bindplane's technology optimizes and governs telemetry at the edge to improve data quality, reduce ingest costs, and enhance compliance through the removal, masking, and encryption of sensitive data. Bindplane also provides a natural transition path from legacy monitoring tools to modern, cloud‑native observability. The transaction is expected to close later this month and is not expected to have a material impact on Dynatrace’s FY’27 financial results. Source: Press Release More on Dynatrace Dynatrace, Inc. (DT) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Dynatrace: Growth Should Start To Accelerate Dynatrace Is Still Growing Quickly Despite A Conservative Valuation Dynatrace targets $2B ARR in fiscal 2026 as AI-powered observability momentum accelerates Dynatrace beats top-line and bottom-line estimates; initiates Q4 and updates FY26 outlook
Costco Wholesale Corporation ( COST ) on Wednesday reported net sales of $28.41B for the retail month of March, implying an increase of 11.3% from $25.51B last year. The company said comparable sales for the retail month of March, the five weeks ended April 5, 2026, were up 9.4%, including an 8.7% increase in the U.S., a 10.7% rise in Canada, and an 11.9% gain for other international markets. E-co...
Costco Wholesale Corporation ( COST ) on Wednesday reported net sales of $28.41B for the retail month of March, implying an increase of 11.3% from $25.51B last year. The company said comparable sales for the retail month of March, the five weeks ended April 5, 2026, were up 9.4%, including an 8.7% increase in the U.S., a 10.7% rise in Canada, and an 11.9% gain for other international markets. E-commerce comparable sales shot up 23.3% for the month. After stripping out the impact of foreign exchange and gas prices, comparable sales were up 6.2% during the month, including an increase of 6.2% in the U.S. The firm said net sales for the first 31 weeks were $173.26B, an increase of 9.1% from $158.87B last year. Costco currently operates 928 warehouses, including 637 in the United States and Puerto Rico , 115 in Canada , 42 in Mexico , 37 in Japan , 29 in the United Kingdom , 20 in Korea , 15 in Australia , 14 in Taiwan , seven in China , five in Spain , three in France , two in Sweden , and one each in Iceland , and New Zealand . Costco also operates e-commerce sites in the U.S. , Canada , the U.K. , Mexico , Korea , Taiwan , Japan and Australia . Shares of Costco ( COST ) declined 0.52% in postmarket trading to $1,024.92, while shares are up more than 18% on a year-to-date basis. Source: Press release More on Costco Costco: Not Attractive For New Investors Costco Stock Deep Dive: Vibecession Winner Or Overpriced Recession Insurance Costco: A Likely Outperformer Based On The Business Model, Despite Disruptions Sam's Club raises its annual membership fees - matches BJ's, still lower than Costco Costco creates some buzz in the energy drink market
My Photo Buddy The Oregon Court of Appeals ruled Wednesday in favor of Berkshire Hathaway's ( BRK.B ) ( BRK.A ) PacifiCorp utility over a series of Oregon wildfires in 2020, saying a trial judge erred in letting litigation against the company proceed as a class action that has exposed it to billions of dollars in potential losses, Reuters reported. A three-judge panel returned the case to the Mul...
My Photo Buddy The Oregon Court of Appeals ruled Wednesday in favor of Berkshire Hathaway's ( BRK.B ) ( BRK.A ) PacifiCorp utility over a series of Oregon wildfires in 2020, saying a trial judge erred in letting litigation against the company proceed as a class action that has exposed it to billions of dollars in potential losses, Reuters reported. A three-judge panel returned the case to the Multnomah County Circuit Court after saying the trial judge in a 2023 jury verdict made an error with an instruction to the jury that was "prejudicial to PacifiCorp." Jurors found the company grossly negligent for igniting the 2020 fires that destroyed thousands of properties after failing to shut off electricity in its service areas ahead of dangerously dry and windy weather. A lawyer for the plaintiffs called the decision a "procedural setback" that did not address the merits of his clients' negligence claims; PacifiCorp said it is "sensitive to the profound losses" suffered by fire victims, and remained open to resolving reasonable claims. "There are no winners in wildfire, however the court's decision supports our longstanding belief that this process was prejudicial and not appropriate for managing wildfire litigation," the company said. The decision could reduce PacifiCorp's liability from wildfires; Berkshire ( BRK.B ) ( BRK.A ) has estimated the cost could reach tens of billions of dollars, including $1.1B awarded in a series of trials that have already been completed. More on Berkshire Hathaway AGI Bust, AI Boom: Why AI's Winners And Losers Aren't Who You Think Berkshire Hathaway: Why I Set A $450 Limit Buy Order Berkshire Hathaway: Reading Into The New CEO's First Steps
Terreno Realty ( TRNO ) said its occupancy at the end of the first quarter rose to 96.3% from 96.1% at the prior quarter-end, but fell from the year-ago level of 96.6%. The quarter-end same-store occupancy stood at 97.6%, the same level as at the end of Q4 2025 but higher than 96.4% for the prior-year period. For the first quarter of 2026, the company sees a 22.4% increase in cash rents on new and...
Terreno Realty ( TRNO ) said its occupancy at the end of the first quarter rose to 96.3% from 96.1% at the prior quarter-end, but fell from the year-ago level of 96.6%. The quarter-end same-store occupancy stood at 97.6%, the same level as at the end of Q4 2025 but higher than 96.4% for the prior-year period. For the first quarter of 2026, the company sees a 22.4% increase in cash rents on new and renewed leases and a tenant retention ratio of 72.6%. During the quarter ended March 31, Terreno Realty acquired two industrial properties for ~$101.8M. The company sold two properties for about $55.1M. The company issued 2,081,288 shares with a weighted average offering price of $64.85 under its at-the-market equity offering program for gross proceeds of $135.0M. On January 7, TRNO obtained a new $200M five-year unsecured term loan. The interest rate generally will be SOFR plus 1.15% to 1.65%, depending on leverage. As of March 31, there were no borrowings outstanding under the $600M revolving credit facility. More on Terreno Realty Seeking Alpha’s Quant Rating on Terreno Realty Historical earnings data for Terreno Realty Dividend scorecard for Terreno Realty Financial information for Terreno Realty
Consensus 2026 free cash flow shifted from $38.8 billion to negative $5.1 billion, even as valuation multiples expanded and deliveries missed forecasts.
Consensus 2026 free cash flow shifted from $38.8 billion to negative $5.1 billion, even as valuation multiples expanded and deliveries missed forecasts.
Boeing ( BA ) on Tuesday said it delivered the ViaSat-3 Flight 3 satellite to Viasat, marking a key step in a program aimed at expanding high-capacity communications coverage to the Asia-Pacific region. Artist rendering of ViaSat-3 in orbit (Boeing) The spacecraft, built at Boeing’s El Segundo facility in California, will now undergo pre-launch processing at Cape Canaveral Space Force Station in F...
Boeing ( BA ) on Tuesday said it delivered the ViaSat-3 Flight 3 satellite to Viasat, marking a key step in a program aimed at expanding high-capacity communications coverage to the Asia-Pacific region. Artist rendering of ViaSat-3 in orbit (Boeing) The spacecraft, built at Boeing’s El Segundo facility in California, will now undergo pre-launch processing at Cape Canaveral Space Force Station in Florida. A launch aboard a SpaceX ( SPACE ) Falcon Heavy rocket is planned, with Boeing and Viasat supporting final preparations. Program milestone completes Boeing’s production work The delivery represents the completion of Boeing’s role in manufacturing and integrating the third satellite in the ViaSat-3 constellation. Executives from both companies described the handoff as a significant point in the program. Boeing’s ( BA ) satellite systems leadership indicated the spacecraft reflects the maturity of its 702 platform and the ongoing collaboration with Viasat. Viasat’s space systems leadership said the satellite is expected to play an important role in providing secure and adaptable connectivity across the region. Satellite designed for high-demand bandwidth market s ViaSat-3 F3 is intended to support commercial mobility, government and defense users in high-density markets across Asia-Pacific. The satellite is part of a broader constellation designed to deliver global coverage with flexible bandwidth allocation. The first satellite in the series is already supporting in-flight connectivity services, while the second is progressing toward service over the Americas. The third satellite will extend coverage into Asia-Pacific once operational. Boeing platform adapted for larger, high-power payloads The spacecraft is based on Boeing’s 702MP+ platform, an evolution of its 702 satellite family. The design allows for larger payloads and higher power output, supported by expanded solar arrays, increased battery capacity and upgraded electronics. The satellite also uses all-electr...
Universal Logistics ( ULH ) appointed Michael Rogers as chief financial officer and treasurer effective June 1, 2026. Rogers currently serves as CFO of Conlan Tire Co. and affiliates and previously spent ~30 years at Ford Motor Company in senior finance roles. He will succeed Jude M. Beres, who is resigning effective May 29, 2026. Beres will remain through late May to support a smooth leadership t...
Universal Logistics ( ULH ) appointed Michael Rogers as chief financial officer and treasurer effective June 1, 2026. Rogers currently serves as CFO of Conlan Tire Co. and affiliates and previously spent ~30 years at Ford Motor Company in senior finance roles. He will succeed Jude M. Beres, who is resigning effective May 29, 2026. Beres will remain through late May to support a smooth leadership transition. More on Universal Logistics Universal Logistics: The AI Valuation Paradox Investors Believe Could Trigger A Freight Crisis Universal Logistics Holdings Is The Riskiest But Also Most Levered Name In The Trucking Cycle Seeking Alpha’s Quant Rating on Universal Logistics Historical earnings data for Universal Logistics Dividend scorecard for Universal Logistics
Caterpillar ( NYSE: CAT ) on Wednesday said it has appointed Kyle Epley as chief financial officer, effective May 1, succeeding Andrew Bonfield, who plans to retire on October 1. Bonfield, who has served as CFO for eight years, will transition to an advisory role until his retirement, the company said. Epley, a nearly three-decade veteran of Caterpillar, currently serves as senior vice president o...
Caterpillar ( NYSE: CAT ) on Wednesday said it has appointed Kyle Epley as chief financial officer, effective May 1, succeeding Andrew Bonfield, who plans to retire on October 1. Bonfield, who has served as CFO for eight years, will transition to an advisory role until his retirement, the company said. Epley, a nearly three-decade veteran of Caterpillar, currently serves as senior vice president of Global Finance Services and has held several senior finance roles, including division CFO and corporate controller. Caterpillar said the transition follows a period of strong financial performance, including record full-year sales and revenues and a quarterly sales record of $19.1 billion in the fourth quarter of 2025. CAT -0.14% after hours to $770.48. Source: Press Release More on Caterpillar Caterpillar: AI-Driven Power Demand And Strong Backlog Support Continued Upside Caterpillar: The Hidden AI Infrastructure Play Wall Street Is Finally Pricing In And It's Not Too Late Caterpillar: Data Center Tailwinds Are Real, But Valuation Assumes Unrealistic Growth Atlas Energy signs framework agreement with CAT for power generation assets through 2029 Burry sparks AI spending debate, defends record as critics question timing
AMD (NASDAQ: AMD) just landed a new major partnership at the same time Cathie Wood was selling shares, and that contrast is exactly what makes the stock so interesting right now. The only question is whether the business momentum still points higher.
AMD (NASDAQ: AMD) just landed a new major partnership at the same time Cathie Wood was selling shares, and that contrast is exactly what makes the stock so interesting right now. The only question is whether the business momentum still points higher.
Why China Might Have Pressed Iran To Compromise With The US Authored by Andrew Korybko, The sequence that Trump threatened if no deal was reached before the expiry of his deadline would have cut China off from half of the oil that it imported by sea last year and likely set Afro-Eurasia aflame in resource wars for the indefinite future that would have derailed China’s superpower rise. Three unname...
Why China Might Have Pressed Iran To Compromise With The US Authored by Andrew Korybko, The sequence that Trump threatened if no deal was reached before the expiry of his deadline would have cut China off from half of the oil that it imported by sea last year and likely set Afro-Eurasia aflame in resource wars for the indefinite future that would have derailed China’s superpower rise. Three unnamed Iranian officials reportedly told the New York Times (NYT) that China pressed their country to compromise with the US by agreeing to a two-week ceasefire and resuming talks . When asked about whether China played such a role, Trump responded that, “I hear yes. Yes they were.” This was followed by Chinese Foreign Ministry spokeswoman Mao Ning revealing that “China made its own efforts in this regard.” Although she didn’t directly confirm the report, she didn’t outright deny it either. Interestingly, Drop Site founder Ryan Grim noticed that the edit history of Pakistani Prime Minister Shehbaz Sharif’s tweet imploring Trump to extend his deadline for destroying Iran’s civilization if a deal isn’t reached saw him originally post “*Draft - Pakistan’s PM Message on X*”. Grim wrote that “Sharif’s own staff don’t call him ‘Pakistan’s PM,’ they would just call him prime minister. The U.S. and Israel, of course, would call him ‘Pakistan’s PM.’” Trump cited his talks with Sharif when extending his deadline. In light of the NYT’s report, Trump’s positive affirmation thereof, and Mao’s related innuendo, an alternative hypothesis is that it wasn’t the US or Israel that drafted Sharif’s tweet, but China. Regardless of whoever did, it’s reasonable that China might have indeed pressed Iran to compromise with the US, not least because it would have tremendously suffered had Trump carried through on his threat. As a reminder, he threatened to destroy Iran’s power plants, bridges, and possibly even oil infrastructure too. In response, Iran threatened to destroy the Gulf’s, and the sequence t...
Corning Incorporated (NYSE:GLW) is one of the Unstoppable Technology Stocks to Buy Now. On March 19, UBS reiterated a Buy rating on Corning Incorporated (NYSE:GLW) with a price target of $171. UBS maintained its bullish sentiment on the stock after attending the Optical Fiber Communications conference, where the firm met with fiber producers, sellers, and […]
Corning Incorporated (NYSE:GLW) is one of the Unstoppable Technology Stocks to Buy Now. On March 19, UBS reiterated a Buy rating on Corning Incorporated (NYSE:GLW) with a price target of $171. UBS maintained its bullish sentiment on the stock after attending the Optical Fiber Communications conference, where the firm met with fiber producers, sellers, and […]
Seeking Alpha More on Applied Digital Looking Ahead To Applied Digital's Q3 Earnings: Is The $2.4B Power Build Worth It? Applied Digital: The Bull Case Requires Near Perfection (Rating Downgrade) Applied Digital: Gigawatt Ambitions Clouded By Related-Party Transactions Applied Digital Q3 2026 Earnings Preview Quant snapshot: Delta Air Lines leads top-rated names as Byrna Technologies, Simulations ...
Seeking Alpha More on Applied Digital Looking Ahead To Applied Digital's Q3 Earnings: Is The $2.4B Power Build Worth It? Applied Digital: The Bull Case Requires Near Perfection (Rating Downgrade) Applied Digital: Gigawatt Ambitions Clouded By Related-Party Transactions Applied Digital Q3 2026 Earnings Preview Quant snapshot: Delta Air Lines leads top-rated names as Byrna Technologies, Simulations Plus lag