On March 11, 2026, Chairman & CEO John D. Idol reported the open-market purchase of 55,000 shares of Capri Holdings Limited (CPRI +0.88%), as disclosed in a SEC Form 4 filing. Transaction summary Metric Value Shares traded 55,000 Transaction value $989,000 Post-transaction shares (direct) 2,257,645 Post-transaction value (direct ownership) $40.3 million Transaction value based on SEC Form 4 report...
On March 11, 2026, Chairman & CEO John D. Idol reported the open-market purchase of 55,000 shares of Capri Holdings Limited (CPRI +0.88%), as disclosed in a SEC Form 4 filing. Transaction summary Metric Value Shares traded 55,000 Transaction value $989,000 Post-transaction shares (direct) 2,257,645 Post-transaction value (direct ownership) $40.3 million Transaction value based on SEC Form 4 reported price ($17.98); post-transaction value based on March 11, 2026 market close ($17.86). Key questions How does this purchase affect John D. Idol’s overall ownership in Capri Holdings Limited? This transaction increased Idol’s direct holdings by 2.50%, resulting in 2,257,645 directly owned shares post-trade. Idol also retains 485,806 restricted share units (RSUs) that can be converted to common stock. This transaction increased Idol’s direct holdings by 2.50%, resulting in 2,257,645 directly owned shares post-trade. Idol also retains 485,806 restricted share units (RSUs) that can be converted to common stock. Did the transaction involve any indirect entities or trusts? No indirect or trust entities participated in this transaction; all 55,000 shares were acquired through direct ownership. No indirect or trust entities participated in this transaction; all 55,000 shares were acquired through direct ownership. What is the context for other share classes and derivative positions? Idol also holds 485,806 restricted share units (RSUs), which are not included in the direct share count but can be converted into common stock, contributing to his ongoing equity exposure. Idol also holds 485,806 restricted share units (RSUs), which are not included in the direct share count but can be converted into common stock, contributing to his ongoing equity exposure. How does the purchase price compare to recent trading levels and the company’s one-year performance? The average purchase price of around $17.98 per share was close to the market close of $17.86 on March 11, 2026; the stock’s one-...
In this article TSMC3'-BR Follow your favorite stocks CREATE FREE ACCOUNT OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images In a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsib...
In this article TSMC3'-BR Follow your favorite stocks CREATE FREE ACCOUNT OpenAI CEO Sam Altman speaks during the BlackRock Infrastructure Summit on March 11, 2026, in Washington. Anna Moneymaker | Getty Images In a document that resembles an IPO prospectus, OpenAI said its close ties with Microsoft could be a potential risk to its business, telling investors that the software company is responsible for "a substantial portion of our financing and compute." OpenAI included sections titled "Risks Related to the Transaction" and "Risks Related to our Business" in a financial document, viewed by CNBC, that the company shared with prospective investors tied to its recent record financing round. Last month, OpenAI announced $110 billion in funding from strategic partners including Amazon , Nvidia , and SoftBank. The company is working with banking partners to tack on an additional $10 billion worth of commitments from a broader pool of investors, according to sources familiar with the deal. That part of the round is on track to close by the end March, said the people, who asked not to be named because the details are confidential. The risks highlighted by OpenAI offer a taste of what's to come in its upcoming IPO filing, as the company gears up to make its public market debut as soon as this year. Aside from its relationship with Microsoft, OpenAI cited risks such as its significant capital expenditures, reliance on compute resources, ongoing litigation with Elon Musk's xAI, and its unusual structure as a public benefit corporation, whose parent is the OpenAI Foundation. OpenAI was founded as a nonprofit research lab in 2015, but has experienced exploding commercial growth since launching ChatGPT to the public in late 2022. ChatGPT now boasts 900 million weekly active users, and the company generated $13.1 billion in 2025 revenue . It was valued last month at $730 billion by investors. Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevD...
(RTTNews) - The South Korea stock market on Tuesday snapped the two-day winning streak in which it had advanced almost 50 points or 1.8 percent. The KOSPI now sits just above the 2,660-point plateau although it's likely to bounce higher again on Wednesday. The global forecast for the Asian markets suggests mild upside on easing treasury yields. The European markets were down and the U.S. bourses w...
(RTTNews) - The South Korea stock market on Tuesday snapped the two-day winning streak in which it had advanced almost 50 points or 1.8 percent. The KOSPI now sits just above the 2,660-point plateau although it's likely to bounce higher again on Wednesday. The global forecast for the Asian markets suggests mild upside on easing treasury yields. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead. The KOSPI finished modestly lower on Tuesday following losses from the financial shares and automobile producers, while the technology stocks were mixed and the chemical companies offered support. For the day, the index sank 20.42 points or 0.76 percent to finish at 2,662.10 after trading between 2,659.43 and 2,679.47. Volume was 759.2 million shares worth 12.5 trillion won. There were 642 decliners and 226 gainers. Among the actives, Shinhan Financial plunged 3.40 percent, while KB Financial tanked 2.14 percent, Hana Financial plummeted 3.67 percent, Samsung Electronics shed 0.53 percent, Samsung SDI and POSCO both rose 0.27 percent, LG Electronics slumped 1.94 percent, SK Hynix fell 0.46 percent, Naver rallied 2.37 percent, LG Chem advanced 0.98 percent, Lotte Chemical climbed 1.09 percent, S-Oil stumbled 3.00 percent, SK Innovation tumbled 1.88 percent, SK Telecom sank 0.78 percent, KEPCO retreated 1.48 percent, Hyundai Motor tanked 2.26 percent, Kia Motors declined 1.41 percent and Hyundai Mobis was unchanged. The lead from Wall Street is cautiously optimistic as the major averages spent much Tuesday under water before a late rally nudged them modestly up into the green. The Dow climbed 140.26 points or 0.36 percent to finish at 38,711.29, while the NASDAQ rose 28.38 points or 0.17 percent to close at 16,857.05 and the S&P 500 perked 7.94 points or 0.15 percent to end at 5,291.34. The higher close by the major averages came on a notable decrease by treasury yields, which extended their recent decline. The yi...
Explore the exciting world of Lennox International (NYSE: LII) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! *Stock prices used were the prices of Feb. 4, 2026. The video was published on March 23, 2026. Continue reading
Explore the exciting world of Lennox International (NYSE: LII) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! *Stock prices used were the prices of Feb. 4, 2026. The video was published on March 23, 2026. Continue reading
Oil prices are rising, and that means oil and gas stocks are all the rage this year. Unsurprisingly, one of the biggest names is skyrocketing in value, and that's ExxonMobil (XOM +0.83%). Shares of the top oil and gas producer are up an incredible 34% this year, which is particularly noteworthy given how poorly the S&P 500 has done -- it's down 4%. ExxonMobil has not only recently hit a new 52-wee...
Oil prices are rising, and that means oil and gas stocks are all the rage this year. Unsurprisingly, one of the biggest names is skyrocketing in value, and that's ExxonMobil (XOM +0.83%). Shares of the top oil and gas producer are up an incredible 34% this year, which is particularly noteworthy given how poorly the S&P 500 has done -- it's down 4%. ExxonMobil has not only recently hit a new 52-week high, but it's also hit a new all-time high of $162.44. It's come down slightly from those levels as it finished Monday at just over $161, but it's still trading fairly close to its peak. The big question for investors is whether this can still be a good buy right now, or if it's destined to give back some gains in the near future. Just how expensive is ExxonMobil stock right now? Although ExxonMobil shares have been red hot this year, they still trade at 24 times the company's trailing earnings. And that falls to a forward price-to-earnings (P/E) multiple of 21, based on analyst expectations of how it will do in the year ahead. That's not all that expensive when you consider that the average stock on the S&P 500 trades at a trailing P/E of 24, and a forward P/E of 21 -- ExxonMobil is right in line with those multiples. Analysts have been boosting their price targets for the stock recently, but even that excitement has its limits; the most bullish price set in the past couple of months has been $186. The consensus analyst average, however, is just under $149, which would suggest that the stock is due to fall by around 8%. Expand NYSE : XOM ExxonMobil Today's Change ( 0.83 %) $ 1.33 Current Price $ 161.00 Key Data Points Market Cap $665B Day's Range $ 155.11 - $ 161.42 52wk Range $ 97.80 - $ 162.44 Volume 1.1M Avg Vol 21M Gross Margin 21.56 % Dividend Yield 2.53 % Is ExxonMobil stock worth buying? Despite hitting a new all-time high, ExxonMobil's stock could still rise higher this year, for a number of reasons. Its valuation isn't all that high, and oil and gas stocks have...
Sultan Ahmed Al Jaber, chief executive officer of Abu Dhabi National Oil Co. (ADNOC), during India Energy Week in Goa, India, on Tuesday, Jan. 27, 2026. Dhiraj Singh | Bloomberg | Getty Images HOUSTON — The United Arab Emirates on Monday condemned Iran's attacks against shipping in the Strait of Hormuz as a form of "economic terrorism" that is holding the world hostage. "Let me be absolutely clear...
Sultan Ahmed Al Jaber, chief executive officer of Abu Dhabi National Oil Co. (ADNOC), during India Energy Week in Goa, India, on Tuesday, Jan. 27, 2026. Dhiraj Singh | Bloomberg | Getty Images HOUSTON — The United Arab Emirates on Monday condemned Iran's attacks against shipping in the Strait of Hormuz as a form of "economic terrorism" that is holding the world hostage. "Let me be absolutely clear, weaponizing the Strait of Hormuz is not an act of aggression against one nation," said Sultan Ahmed Al Jaber, CEO of Abu Dhabi National Oil Company (ADNOC). "It is economic terrorism against every nation, and no country should be allowed to hold Hormuz hostage — not now, not ever," Al Jaber told oil industry executives at S&P Global's CERAWeek conference in Houston, Texas. The Strait is the most important sea route for oil in the world. About 20% of global oil and liquefied natural gas supplies transited the narrow waterway to global markets before the war. Tanker traffic has ground to a halt due to Iran's attacks on ships in the Persian Gulf. "While we all appreciate all efforts to stabilize markets and reduce prices, let us be clear — this is not a supply issue," Al Jaber said. "It is a security issue and has only one durable answer — keeping the Strait open." Al Jaber delivered his remarks through a video message. The CEO was scheduled to attend the conference, but cancelled his appearance because of the war. Kuwait Petroleum Corporation CEO Shaikh Nawaf S. Al-Sabah has also cancelled his in-person appearance at the conference Tuesday due to the war. He will deliver virtual remarks instead, a spokesperson told CNBC. Saudi Aramco CEO Amin Nasser has pulled out of the conference as well, a source told Reuters . The U.S. and Israel launched a massive attack against Iran on Feb. 28, killing its head of state Ayatollah Ali Khamenei and other senior leaders. The two allies have launched waves of airstrikes for weeks now targeting the Islamic Republic's military capabilities....
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In Brief Few rivalries in the startup ecosystem are as intense (and occasionally bitter) as the race between Polymarket and Kalshi for dominance in the rapidly growing prediction market arena. Despite their fierce competition, the CEOs of both companies are investing in 5(c) Capital, a new prediction market-focused VC firm launched by former Kalshi employees, Fortune and Bloomberg reported. 5(c) C...
In Brief Few rivalries in the startup ecosystem are as intense (and occasionally bitter) as the race between Polymarket and Kalshi for dominance in the rapidly growing prediction market arena. Despite their fierce competition, the CEOs of both companies are investing in 5(c) Capital, a new prediction market-focused VC firm launched by former Kalshi employees, Fortune and Bloomberg reported. 5(c) Capital, a name that references a regulatory clause governing prediction markets, is raising $35 million for its first fund. Besides Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan, notable investors in the fund reportedly include Marc Andreessen, through his investment in a fund Moneta Luna, and Ribbit Capital founder Micky Malka. Kalshi confirmed that Mansour is investing in the fund. Polymarket didn’t respond to our request for comment. 5(c) Capital seeks to back founders who “want to capitalize on the second-, third-, and fourth-order effects” of the rapidly growing prediction markets, they reportedly wrote in the investment memo. The fund will invest in about 20 companies, focusing on the category’s infrastructure, including market makers and index designers. The new fund is led by partners Adhi Rajaprabhakaran, a Kalshi trader hired by the company, and Noah Zingler-Sternig, Kalshi’s former head of operations. Meanwhile, Kalshi is raising $1 billion at a $22 billion valuation, a two-fold increase from the $11 billion valuation it achieved less than four months ago, according to The Wall Street Journal, while rival Polymarket is reportedly in talks with investors for a new round that would value the platform at $20 billion.
Microsoft (NASDAQ:MSFT) is down more than 20% year-to-date, making it the worst-performing stock in the Mag-7 by a wide margin. And according to Ben Wright of Melius Research, who recently cut his price target on the stock, the core problem has a name: Copilot. Wright’s red flag isn’t just about weak adoption numbers. It’s about ... Melius analyst: Microsoft’s Copilot reorganization is a ‘red flag...
Microsoft (NASDAQ:MSFT) is down more than 20% year-to-date, making it the worst-performing stock in the Mag-7 by a wide margin. And according to Ben Wright of Melius Research, who recently cut his price target on the stock, the core problem has a name: Copilot. Wright’s red flag isn’t just about weak adoption numbers. It’s about ... Melius analyst: Microsoft’s Copilot reorganization is a ‘red flag’