Ibotta ( IBTA ) has partnered with Uber Technologies ( UBER ) to deliver Ibotta-powered digital promotions across Uber’s grocery and retail ecosystem in the United States . UBER +0.76% premarket to $72.89. Source: Press Release More on Uber, Ibotta Uber Technologies: Full-Stack AV Evolution Uber: I've Been Bullish For Years - Not Anymore Tracking Saudi Sovereign Wealth Fund's 13F Portfolio - Q4 20...
Ibotta ( IBTA ) has partnered with Uber Technologies ( UBER ) to deliver Ibotta-powered digital promotions across Uber’s grocery and retail ecosystem in the United States . UBER +0.76% premarket to $72.89. Source: Press Release More on Uber, Ibotta Uber Technologies: Full-Stack AV Evolution Uber: I've Been Bullish For Years - Not Anymore Tracking Saudi Sovereign Wealth Fund's 13F Portfolio - Q4 2025 Update Uber to buy German chauffeur service Blacklane -- report Uber positioned to become largest facilitator of AV trips by 2029—Citi Research
PDD Holdings, the Chinese e-commerce group behind Pinduoduo and global budget marketplace Temu, on Wednesday reported an 11 per cent drop in quarterly profit amid higher sales as the company continued a pivot towards greater reinvestment. Net profit for the quarter fell to 24.5 billion yuan (US$3.6 billion), missing a consensus analyst estimate of 29.1 billion yuan. Meanwhile, revenue rose 12 per ...
PDD Holdings, the Chinese e-commerce group behind Pinduoduo and global budget marketplace Temu, on Wednesday reported an 11 per cent drop in quarterly profit amid higher sales as the company continued a pivot towards greater reinvestment. Net profit for the quarter fell to 24.5 billion yuan (US$3.6 billion), missing a consensus analyst estimate of 29.1 billion yuan. Meanwhile, revenue rose 12 per cent from a year earlier to 123.9 billion yuan, aligning with a consensus analyst estimate of 123.7...
When Starbucks Corp. landed Brian Niccol, the star CEO who fixed Chipotle and Taco Bell , to turn around its fortunes, it triggered a frenzy on Wall Street. The stock popped 20% in a matter of minutes and racked up its biggest one-day gain ever as investors and analysts, one after another, gushed about the move: “dream hire”; “exceptional”; “hall of fame restaurant CEO.” A year and a half later, t...
When Starbucks Corp. landed Brian Niccol, the star CEO who fixed Chipotle and Taco Bell , to turn around its fortunes, it triggered a frenzy on Wall Street. The stock popped 20% in a matter of minutes and racked up its biggest one-day gain ever as investors and analysts, one after another, gushed about the move: “dream hire”; “exceptional”; “hall of fame restaurant CEO.” A year and a half later, the buzz is all but gone. Niccol, who scored a pay package worth more than $100 million, has only managed to deliver tepid signs that his makeover of Starbucks is working; the stock rally, unlike at Chipotle, quickly stalled out; and even some of those uber bulls are starting to get anxious. It’s not so much that they’ve lost confidence in Niccol — most of them still rave about him — but rather that the operational problems he inherited at Starbucks were more deep-rooted and dire than they had appreciated. Possibly to the point, some of them worry, that even Niccol can’t turn around the company fast enough to keep investors from abandoning the stock. It’s been listing sideways for most of his tenure, with shares down 4% since they posted that wild rally the day he was named CEO. “For me, the real surprise has been the amount of time and effort and investment needed to operationally clean up Starbucks,” says Danilo Gargiulo , an analyst at Bernstein in New York who covers restaurant stocks. Gargiulo was one of the many analysts who had quickly lifted his Starbucks stock rating and price target after the Niccol hire, calling him the “perfect CEO” to orchestrate the comeback. In all, the number of buy ratings on the stock soared more than 60% in a matter of days, Bloomberg data show. Even the activist firm Elliott Investment Management , which had amassed a large position in Starbucks, rushed to heap praise on Niccol, calling his hire a “transformational step forward for the company.” Gargiulo had acknowledged back then that it’d take a while for the strategy to take hold and s...
Emerging markets have rarely been easy to own, and 2026 is proving no exception. China-focused equity ETFs are down sharply year-to-date, rising U.S. Treasury yields are creating headwinds for EM bonds. For investors who believe in the long-term case for global growth outside the U.S., these dislocations have historically preceded periods of recovery, though timing ... China Is Down Sharply in 202...
Emerging markets have rarely been easy to own, and 2026 is proving no exception. China-focused equity ETFs are down sharply year-to-date, rising U.S. Treasury yields are creating headwinds for EM bonds. For investors who believe in the long-term case for global growth outside the U.S., these dislocations have historically preceded periods of recovery, though timing ... China Is Down Sharply in 2026. These 3 ETFs Let You Buy the Dip on Emerging Markets
BrianAJackson/iStock via Getty Images Cal-Maine Foods overview Cal-Maine Foods ( CALM ) is one of my favourite stocks in my portfolio, and this is my second time covering the company here. The reasons I provided last time around were straightforward. CALM stock allows me to play defence, and belongs to the rare category of stocks where I don't have to look over my shoulder. The company is owner-ma...
BrianAJackson/iStock via Getty Images Cal-Maine Foods overview Cal-Maine Foods ( CALM ) is one of my favourite stocks in my portfolio, and this is my second time covering the company here. The reasons I provided last time around were straightforward. CALM stock allows me to play defence, and belongs to the rare category of stocks where I don't have to look over my shoulder. The company is owner-managed, disciplined in its execution with almost 25 acquisitions in its belt, and now commands more than a 20% market share in its segment. Author Generated They have been through good cycles and rough cycles, and they have approached both with equanimity. Even with a low correlation to the overall market, they have been shown to have superior returns. Data by YCharts Best of all, they have maintained no debt, grown their balance sheet and free cash flows (>$1B) to be cash-rich while generously returning capital to shareholders through dividends and buybacks! It was time to do a follow-up on what they have been up to recently! Cal-Maine's acquisition flywheel hits another rotation Company Presentation I knew they wouldn't stop, and they came out with another banger of late with Cal-Maine's announced acquisition of Creighton Brothers LLC and Crystal Lake LLC for a purchase price of $128.5M funded through their big cash pile. The acquired assets include: Commercial shell egg production and grading with a capacity of approximately 3.2M laying hens 500K cage-free and 865K pullets, a feed mill, 1K acres of land, and an egg products and hard-cooked egg processing facility (Crystal Lake produces ready-to-use egg products for the foodservice and food manufacturing industries, such as liquid, frozen, and hard-cooked eggs, and distributes precooked egg patties, omelettes, and scrambled eggs) The acquisition has the added advantage of Cal-Maine moving into the geographical area of Indiana, where they previously had no operations. If you look closely, you will see some patterns continui...
CrailsheimStudio/iStock via Getty Images The investment environment has changed significantly since our January Cyclical Outlook , “ Compounding Opportunity .” The conflict in the Middle East has disrupted oil production and transportation, causing financial markets to reprice the expected paths for growth, inflation, and central bank policy. In private credit markets, risks that were largely hidd...
CrailsheimStudio/iStock via Getty Images The investment environment has changed significantly since our January Cyclical Outlook , “ Compounding Opportunity .” The conflict in the Middle East has disrupted oil production and transportation, causing financial markets to reprice the expected paths for growth, inflation, and central bank policy. In private credit markets, risks that were largely hidden from view – including illiquidity and opaque pricing – have moved to the front of investors’ minds. As AI continues to fuel an investment boom, it is also disrupting industries. Some of these shocks will have shorter-term implications, while others appear more enduring. Economic outlook takeaways Energy shock raises stagflationary risks and deepens disparities Global growth has been more resilient than expected despite growing divergence below the surface. The Middle East conflict represents a major global energy supply shock that, if sustained, is likely to be stagflationary – pushing inflation higher while weighing on growth. Higher energy prices are sharpening existing divides between winners and losers – and creating new ones – across countries, sectors, businesses, and households. Governments may face a policy paradox Central banks face a difficult trade-off between rising inflation pressures and slowing growth, with markets already tightening financial conditions on their behalf. We believe central banks are unlikely to match the market’s recent repricing of policy rate expectations. Recession risks have increased, while elevated sovereign debt levels limit the scope for fiscal responses, meaning shocks could transmit more directly to vulnerable households, smaller companies, and credit markets. This is a different environment from 2022 In 2022, the energy shock from the Russia-Ukraine war collided with a post-pandemic economy shaped by pent-up demand, government stimulus, and tight labor markets, amplifying inflation. Today, fiscal policy is tighter, labor markets...
UFO 'Gatekeeper' General Vanishes Days After Trump's Full Disclosure Order Authored by Steve Watson via modernity.news , President Trump’s order to release every UAP and UFO file appears to have triggered a wave of vanishings and deaths among the very insiders who guarded those secrets — and now Congress is being actively blocked from investigating. The general is retired Maj. Gen. William Neil Mc...
UFO 'Gatekeeper' General Vanishes Days After Trump's Full Disclosure Order Authored by Steve Watson via modernity.news , President Trump’s order to release every UAP and UFO file appears to have triggered a wave of vanishings and deaths among the very insiders who guarded those secrets — and now Congress is being actively blocked from investigating. The general is retired Maj. Gen. William Neil McCasland , former commander of the Air Force Research Laboratory at Wright-Patterson Air Force Base. He walked out of his Albuquerque home on February 27 with only hiking boots, a wallet, and a revolver. No phone. No glasses. No trace since. Fox News host Jesse Watters covered the development: 🚨 HOLY SMOKES: AIR FORCE GENERAL — KNOWN AS THE UFO “GATEKEEPER” — VANISHES 💣👀 Led TOP-SECRET SPACE WEAPONS programs tied to ADVANCE AEROSPACE TECH… then GONE😳🛸 Days after UFO files announcement… he DISAPPEARS 🤯 Now MULTIPLE SCIENTISTS MISSING or DEAD — coincidence…… pic.twitter.com/UwsX2dGO50 — Jesse Watters (@JesseBWatters) March 24, 2026 In addition, a rocket scientist tied to the General has also reportedly disappeared under similar circumstances. 🇺🇸 A rocket scientist tied to a missing Air Force general with alleged UFO links has reportedly disappeared under similar circumstances. At least 6 people connected to the same U.S. defense research network are now dead or missing within a year. The cases include Monica Jacinto… https://t.co/hhZ3qS2XGR pic.twitter.com/4jAD6EIXCa — Mario Nawfal (@MarioNawfal) March 22, 2026 Monica Jacinto Reza, 60, vanished while hiking in California’s Angeles National Forest. She co-developed Mondaloy, a patented nickel-based super-alloy for high-performance rocket engines, on a project funded and overseen by programs under McCasland’s command. Newsmax reported Rep. Tim Burchett directly accusing intelligence agencies of obstruction: some intelligence agencies have thwarted his attempts at finding out what happened to the several prominent scientists and ...
Recursion ( Nasdaq: RXRX ) said on Wednesday that it had named Vicki Goodman as chief medical officer, effective April 6, 2026, succeeding David Mauro. Goodman had more than two decades of experience in oncology drug development and most recently had served as chief medical officer of Mural Oncology, where she led development and advanced its pipeline. She had held senior oncology roles at Merck a...
Recursion ( Nasdaq: RXRX ) said on Wednesday that it had named Vicki Goodman as chief medical officer, effective April 6, 2026, succeeding David Mauro. Goodman had more than two decades of experience in oncology drug development and most recently had served as chief medical officer of Mural Oncology, where she led development and advanced its pipeline. She had held senior oncology roles at Merck and Bristol Myers Squibb, leading development of key drugs including Keytruda, Opdivo, and Yervoy, and earlier at GlaxoSmithKline had led development of dabrafenib through approval. Shares -1.86%. More on Recursion Pharmaceuticals Recursion Pharmaceuticals, Inc. (RXRX) Presents at 2026 KeyBanc Capital Markets Healthcare Virtual Forum Transcript Recursion Pharmaceuticals, Inc. (RXRX) Presents at Leerink Global Healthcare Conference 2026 Transcript Recursion Pharmaceuticals, Inc. (RXRX) Presents at TD Cowen 46th Annual Health Care Conference Transcript Recursion outlines extended cash runway into early 2028 as platform efficiency accelerates Recursion jumps after solid Q4 beat
(RTTNews) - Higher Canadian and U.S. futures and firm precious metals prices point to a positive start on Bay Street Wednesday morning. Hopes of a de-escalation in Middle East amid reports of U.S.-Iran peace talks may aid sentiment.
(RTTNews) - Higher Canadian and U.S. futures and firm precious metals prices point to a positive start on Bay Street Wednesday morning. Hopes of a de-escalation in Middle East amid reports of U.S.-Iran peace talks may aid sentiment.
Meta Platforms has unveiled ambitious executive pay incentives, targeting a $9 trillion market capitalization by 2031 as it looks to get ahead in the intensifying AI talent race. Under the stock options program, which includes six leaders but not CEO Mark Zuckerberg, the full value of the options would only be realized if Meta stock jumps more than 500% to $3,727, according to filings late Tuesday...
Meta Platforms has unveiled ambitious executive pay incentives, targeting a $9 trillion market capitalization by 2031 as it looks to get ahead in the intensifying AI talent race. Under the stock options program, which includes six leaders but not CEO Mark Zuckerberg, the full value of the options would only be realized if Meta stock jumps more than 500% to $3,727, according to filings late Tuesday. Meta stock rose 1.4% ahead of the open Wednesday.
Ernest Kung/iStock Unreleased via Getty Images New Zealand is preparing a multibillion-dollar military upgrade, reflecting growing concern over China’s expanding presence in the Pacific and a more volatile global security environment, The Wall Street Journal reported late Tuesday. The government plans to spend about $7 billion on new capabilities, including helicopters, missiles, surveillance dron...
Ernest Kung/iStock Unreleased via Getty Images New Zealand is preparing a multibillion-dollar military upgrade, reflecting growing concern over China’s expanding presence in the Pacific and a more volatile global security environment, The Wall Street Journal reported late Tuesday. The government plans to spend about $7 billion on new capabilities, including helicopters, missiles, surveillance drones and base upgrades, while also boosting recruitment to address personnel shortages. The push follows a Chinese naval deployment last year that conducted live-fire exercises near Australia and New Zealand, underscoring how far Beijing’s military reach has extended. Officials say the buildup is part of a broader reassessment among Western-aligned nations as geopolitical tensions intensify, including the war in Ukraine. A stronger New Zealand presence in the South Pacific is expected to support regional monitoring efforts and complement U.S. and Australian operations, particularly in safeguarding shipping routes and countering Chinese influence. Despite its relatively small force, New Zealand plays a strategic role through its large maritime zone and intelligence ties with allies. However, the plan has sparked debate at home, where economic pressures and close trade ties with China complicate defense spending decisions. Military funding is set to rise from just over 1% of GDP to more than 2% in the coming years, alongside plans to add roughly 2,500 personnel. Officials say the changes reflect a simple reality: even distant nations are no longer insulated from global conflict. More news and analysis Hope Lifts Stocks And Bonds Digital India: The Next Phase CoreCivic: Between The Political Tailwind And A New Context Arm jumps as Wall Street praises chip push, $25B revenue outlook Beam to advance gene-editing drug to pivotal development