It was a step too far for Kosovo, but only just. They could hardly have given more in running Turkey to the wire but it is Vincenzo Montella’s team, relieved and jubilant at the end, that will play at the World Cup in a little over two months’ time. Turkey make their return after 24 years away; Kosovo had been seeking the most unlikely of debuts and could have made that prospect real if Fisnik Asl...
It was a step too far for Kosovo, but only just. They could hardly have given more in running Turkey to the wire but it is Vincenzo Montella’s team, relieved and jubilant at the end, that will play at the World Cup in a little over two months’ time. Turkey make their return after 24 years away; Kosovo had been seeking the most unlikely of debuts and could have made that prospect real if Fisnik Asllani’s first-half effort had not come back off the bar. In the end, though, a scruffy and hotly contested finish by Kerem Akturkoglu settled things early in the second half and, via some minor scares, Turkey could scrape home from there. Kosovo will surely be back, a technically exceptional side richer for this heady experience. Continue reading...
Yauhen Akulich/iStock via Getty Images Fidelity Enhanced Large Cap Growth ETF’s ( FELG ) price correction offers an attractive buying opportunity, as its valuations plunged to the multiyear low. Moreover, FELG’s portfolio of 112 large-cap growth stocks, with half of the concentration in tech stocks and exposure to the Magnificent 7 group, boosts its potential to deliver solid returns during a reco...
Yauhen Akulich/iStock via Getty Images Fidelity Enhanced Large Cap Growth ETF’s ( FELG ) price correction offers an attractive buying opportunity, as its valuations plunged to the multiyear low. Moreover, FELG’s portfolio of 112 large-cap growth stocks, with half of the concentration in tech stocks and exposure to the Magnificent 7 group, boosts its potential to deliver solid returns during a recovery phase and over the long term. Furthermore, the fund’s low per-share price makes it a worth considering ETF for retail investors. Its expense ratio of 0.18% is low, and liquidity is healthy. Therefore, I initiate coverage of FELG with a buy rating. FELG Appears Cheap After a Price Correction Fidelity Enhanced Large Cap Growth ETF currently trades around $36 per share, down 13% from its recent peak of $43 per share. Technically, securities are deemed to be in a correction phase after declining more than 10% from their 52-week high. A double-digit price decline along with a strong earnings outlook has helped in cooling large-cap growth valuations to the multiyear low. The category currently trades around 22x its forward earnings, down from its recent peak of around 30x. Its forward P/E is currently trading at its lowest level since late 2023. Tech sector forward PE (Yardeni) A significant decline in FELG’s forward P/E is attributed to a steep decline in the tech sector valuations. The information technology sector currently trades around its lowest level since the bear market of 2022. The sector makes up half of FELG’s portfolio weight. In addition, the mega-7 valuations also eased to 23x compared to their recent peak of 32x. War-Driven Selloff and FELG’s Price Upside Stock market performance during and after wars (Investopedia) The latest downtrend in FELG’s share price is provoked by the Middle East war. History tells us that the war-driven selloffs are often temporary, with the stock market bouncing back to new highs in the short to midterm. For example, the S&P 500 pl...
May Nymex natural gas (NGK26 ) on Tuesday closed down -0.003 (-0.10%). Nat-gas prices tumbled to a 5-week low on Tuesday and settled slightly lower. The outlook for above-normal US spring temperatures, which will reduce nat-gas heating demand and boost storage levels, is weighing on gas prices. However, nat-gas prices...
May Nymex natural gas (NGK26 ) on Tuesday closed down -0.003 (-0.10%). Nat-gas prices tumbled to a 5-week low on Tuesday and settled slightly lower. The outlook for above-normal US spring temperatures, which will reduce nat-gas heating demand and boost storage levels, is weighing on gas prices. However, nat-gas prices...
The Graham Potter magic knows no bounds. There will be those who wonder what right Sweden had to be in this playoff, but they will be in the World Cup after an extraordinarily dramatic victory secured by Viktor Gyökeres’s 89th-minute winner. A patchy, anxious game in which Poland had twice equalised, its shapelessness an apt reflection of the stakes, had seemed to be drifting towards extra-time wh...
The Graham Potter magic knows no bounds. There will be those who wonder what right Sweden had to be in this playoff, but they will be in the World Cup after an extraordinarily dramatic victory secured by Viktor Gyökeres’s 89th-minute winner. A patchy, anxious game in which Poland had twice equalised, its shapelessness an apt reflection of the stakes, had seemed to be drifting towards extra-time when Sweden, in a rare forward sally, won a pair of corners in a row. Suddenly there was momentum and a mounting sense of anticipation. The second corner was half-cleared, Lucas Bergvall jabbed it goalwards. His shot was saved but Besfort Zeneli skewed against the post and the ball fell for Gyökeres five yards out with the goal gaping. Destiny called and the Arsenal forward answered emphatically. Continue reading...
Roger Kisby/Getty Images Entertainment Shares of RH ( RH ) are on the defensive after the company’s fourth-quarter results and expectations for the first quarter and full year disappointed investors despite indications that the company is navigating “a dire housing market.” This was evidenced by 3.7% revenue growth and more than doubling of unadjusted net income during the final quarter of the yea...
Roger Kisby/Getty Images Entertainment Shares of RH ( RH ) are on the defensive after the company’s fourth-quarter results and expectations for the first quarter and full year disappointed investors despite indications that the company is navigating “a dire housing market.” This was evidenced by 3.7% revenue growth and more than doubling of unadjusted net income during the final quarter of the year. The high-end furniture retailer generated $842.6M in revenue (versus $873.25M estimates), contributing to net income of $28.8M, up 107% from the same quarter last year. On an adjusted basis, however, RH ( RH ) earned net income of $30.1M, down from $31.7M a year ago. On a per-share basis, RH earned a profit of $1.53 per share, down 3.2% year-over-year and less than the consensus estimate of $2.20 per share. An operating margin of 11.5% and adjusted EBITDA margin of 17.7% improved from 8.7% and 17.1%, respectively, although missed an operating margin estimate of 12.8%. Additionally, the company generated $54.6M in free cash flow, compared with negative $70M a year ago. RH ( RH ) stated that fourth quarter and 2025 net revenues were negatively impacted by approximately $30M due to higher than anticipated backorder and special order balances as a result of tariff-related resourcing, as well as ~$10M due to adverse weather at the end of the quarter. For the first quarter, revenue is seen declining by 2% to 4%, translating to a range of $781.4M and $797.7M, below $876.7M estimates. Adjusted EBITDA margin is targeted for 5.5% to 6.5%, compared to an adjusted EBITDA margin of 13.1% in the same quarter last year. The Q1 estimates include an approximate negative 420 basis point adjusted EBITDA margin impact from pre-opening and startup costs to support the company’s international expansion. For FY26, revenue is expected to increase by 4% to 8%, representing a range of $3.58B and $3.71B, below the $3.77B consensus estimate. Adjusted EBITDA margin is seen between 14% and 16% versus...
aprott/iStock via Getty Images USA Rare Earth, Inc. ( USAR ) is full-speed ahead now with government funding and plans to ramp up towards production in multiple areas. The rare earths miner and metal maker has been a solid buy at the lows of the last year below $15. My investment thesis is ultra Bullish on the stock due to the strategic rare earth opportunity and the trend for the stock to spike. ...
aprott/iStock via Getty Images USA Rare Earth, Inc. ( USAR ) is full-speed ahead now with government funding and plans to ramp up towards production in multiple areas. The rare earths miner and metal maker has been a solid buy at the lows of the last year below $15. My investment thesis is ultra Bullish on the stock due to the strategic rare earth opportunity and the trend for the stock to spike. Source: Finviz Real Business Over the last quarter, USA Rare Earth has exited the pre-revenue stage with the start of magnet production in Stillwater and the acquisition of the Less Common Metals business in Europe with an existing operating business. The Stillwater magnet plant was successfully commissioned and will start fulfilling customer orders for sintered neodymium-iron-boron permanent magnets in Q2. USA Rare Earth has plans to reach 600 metrics tpa by end of Q4, with Phase 1b doubling capacity to 1,200 tpa by early 2027, with an ultimate goal of 10,000 tpa by 2029. The company is busy ramping up magnet production due to the forecast for U.S. magnet demand to surge. Not only is U.S. Rare Earth looking to fulfill part of the 50K tpa in current demand to offset security risks, but also the market is forecast to double to 100K tpa by 2030. Source: USA Rare Earth February 2026 presentation At the same time, Less Common Metals closed on November 18 , and the company reported Q4 2025 sales of $1.64 million. In theory, the company is on a quarterly revenue pace of $3.3 million and $13.2 million annually, but USA Rare Earth didn't provide any details on revenue expectations for 2026 and didn't host a Q4 earnings call. For Q4 2025, USA Rare Earth lost $26 million from operations and burned $28 million in cash. The company is just in ramp mode, with facilities being built in Stillwater for magnet production, plans in France for metal making, and the ultimate goal of development of the Round Top mine in Texas, so the business will burn a lot of cash before sales cover costs. Lo...
Check out the companies making headlines after the bell : Nike — The athletic apparel stock slipped 2% after its North America revenue came in at $5.03 billion, while analysts surveyed by LSEG had expected $5.04 billion. However, Nike posted fiscal third quarter earnings of 35 cents per share and $11.28 billion in revenue. That exceeded the expected earnings of 28 cents per share and the anticipat...
Check out the companies making headlines after the bell : Nike — The athletic apparel stock slipped 2% after its North America revenue came in at $5.03 billion, while analysts surveyed by LSEG had expected $5.04 billion. However, Nike posted fiscal third quarter earnings of 35 cents per share and $11.28 billion in revenue. That exceeded the expected earnings of 28 cents per share and the anticipated $11.24 billion in revenue. Dave & Buster's Entertainment — Shares rose about 1% after management said the company expects an increase in same store sales, revenue and adjusted EBITDA during 2026. Dave & Buster's posted a fourth-quarter adjusted loss of 35 cents per share and revenue of $529.6 million. Analysts polled by FactSet had expected a profit of 39 cents per share and $555.9 million in revenue. PVH — The clothing company, which owns brands Tommy Hilfiger and Calvin Klein, added 1% after posting fourth-quarter adjusted earnings of $3.82 per share and revenue of $2.51 billion. Analysts had expected earnings of $3.31 per share and $2.43 billion in revenue, according to FactSet. RH — The home furnishings stock plunged 18%. RH said it sees full-year revenue growth ranging from 4% to 8%, missing the Street's estimate of 8.8%. Fourth-quarter adjusted earnings came in at $1.53 per share and revenue was $843 million. The LSEG consensus forecast had called for earnings of $2.22 per share and revenue of $873 million. NCino — Shares surged 20% after the cloud-based software company reported first-quarter revenue guidance of $154.5 million to $156.4 million, topping the FactSet consensus of $152.7 million. Fourth-quarter revenue also surpassed expectations, landing at $149.7 million, versus the $147.9 million analysts had anticipated.
lakshmiprasad S Recent reports suggesting Iran is open to discussions about ending the conflict are likely accurate, but their significance remains highly questionable, according to Michelle Caruso-Cabrera, CEO of MCC Global. In an interview with CNBC, the foreign affairs specialist cautioned that while the Iranian president and foreign minister have signaled willingness to talk, such diplomatic o...
lakshmiprasad S Recent reports suggesting Iran is open to discussions about ending the conflict are likely accurate, but their significance remains highly questionable, according to Michelle Caruso-Cabrera, CEO of MCC Global. In an interview with CNBC, the foreign affairs specialist cautioned that while the Iranian president and foreign minister have signaled willingness to talk, such diplomatic overtures have historically been tactical delays rather than genuine peace efforts. “Historically moments like this have been about buying time,” Caruso-Cabrera explained, drawing parallels to past negotiations with Cuba and Venezuela. She noted that Iran’s strategy often involves seeking ceasefires and extending timelines rather than pursuing meaningful resolutions. She also pointed out that the U.S. administration appears aware of these delay tactics. She referenced Operation Midnight Hammer, the bombing of Iranian nuclear facilities, as evidence that American officials grew frustrated with what they perceived as Iranian stalling and responded with decisive military action. Caruso-Cabrera highlighted significant uncertainty about Iran’s internal power structure, noting that the Supreme Leader may be in a coma, potentially leaving the president as the de facto leader. Complicating matters further, the Iranian Revolutionary Guard made “very contrary statements” the same morning, directly contradicting the diplomatic signals from the president’s faction. The core U.S. military objective remains destroying Iran’s ability to project power by eliminating its missile capabilities and navy, according to the analyst. “I don’t think they’re going to stop until they achieve that objective,” Caruso-Cabrera said, suggesting military operations will likely continue regardless of diplomatic headlines. Despite market optimism surrounding the recent reports, Caruso-Cabrera’s assessment indicates that the path to ending the conflict depends far more on achieving specific military goals than...
In this article 700-HK AAPL Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 2:14 02:14 Apple's crackdown on vibe coding apps Tech Steve Jobs founded Apple 50 years ago this week on a simple idea: democratize computing by putting personal computers in the hands of anyone. Now, Apple is going against that founding mission by standing in the way of what could become the most empowerin...
In this article 700-HK AAPL Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 2:14 02:14 Apple's crackdown on vibe coding apps Tech Steve Jobs founded Apple 50 years ago this week on a simple idea: democratize computing by putting personal computers in the hands of anyone. Now, Apple is going against that founding mission by standing in the way of what could become the most empowering tool for ordinary people in software history — AI coding, or vibe coding. Apple should be leading this moment. Instead, it's holding it back. Apple has blocked at least two vibe coding apps from updating in the App Store, including Replit , and taken down one, citing safety concerns. Apple says it wants more people building apps. But by blocking the most popular and accessible tools, the company is abandoning its founding ethos and risks pushing the next generation of builders away from the iPhone. Why this is different A vibe coding app like Replit lets people without coding experience build a working app just by describing what they want. You can create, preview, and test your new app all within Replit, without Apple ever seeing it. If you want to put it on the App Store, it still has to go through Apple's review process. But Apple's concern is what happens before that: Inside Replit, users can build and run software that Apple's reviewers have never approved — and which can exist within a browser without undergoing Apple's review. Apple fiercely protects its App Store. The review process is how Apple screens for malware, privacy violations and apps that access sensitive data like your camera, contacts, or location without permission. It's a big part of why people trust the iPhone. While Apple runs a closed, tightly controlled ecosystem, Android phones and the Google Play store are more open and permissive. But what a Replit user creates isn't installed on the phone. It's displayed inside the app using the same web technology that Facebook and X use every time you tap a...
Canada’s top securities regulator alleged that KPMG LLP , the auditor for four funds managed by collapsed private lender Bridging Finance Inc. , failed to properly value the loans held within the funds, harming investors. The Ontario Securities Commission claimed in a filing on Tuesday that KPMG falsely represented the quality of the audits it conducted for the 2019 and 2020 fiscal years, and fell...
Canada’s top securities regulator alleged that KPMG LLP , the auditor for four funds managed by collapsed private lender Bridging Finance Inc. , failed to properly value the loans held within the funds, harming investors. The Ontario Securities Commission claimed in a filing on Tuesday that KPMG falsely represented the quality of the audits it conducted for the 2019 and 2020 fiscal years, and fell short by “failing to consistently challenge and validate audit evidence it gathered.” When KPMG found loans that were overstated, it wrongly assumed the findings were isolated to those loans, the regulator said. Toronto-based Bridging was ordered into receivership in 2021 — one month after KPMG issued its audit report for 2020 — amid a wide-ranging investigation into the firm’s activities. KPMG did not immediately provide comment in response to an email and voicemail. The regulator is seeking an administrative penalty of as much as C$40 million ($28.7 million) — a maximum of C$5 million for each report KPMG issued — among other remedies. In October 2024, Ontario’s Capital Markets Tribunal ruled that David Sharpe and Natasha Sharpe , the husband-and-wife team who ran the firm, committed fraud, took kickbacks on loans and tried to obstruct the investigation by regulators. They were fined and ordered to repay more than C$20 million in June. David Sharpe appealed the decision, which permanently banned him from trading securities, the following month. Bridging had more than C$2 billion of assets under management when it went down. As of March 2025, receiver PricewaterhouseCoopers Inc. had recovered about C$317 million from the Bridging Funds. “KPMG’s actions had consequences for investors, who bought units of the funds at inflated prices and made investment decisions regarding their positions that they may not otherwise have made,” the OSC alleged.