AMD is evolving from a budget alternative into a formidable competitor to Nvidia by overcoming the CUDA software barrier. This analysis examines AMD’s explosive financial growth and its strategic positioning as a core provider of global AI infrastructure.
AMD is evolving from a budget alternative into a formidable competitor to Nvidia by overcoming the CUDA software barrier. This analysis examines AMD’s explosive financial growth and its strategic positioning as a core provider of global AI infrastructure.
Snap Inc. (NYSE:SNAP) stock is up 7% in Wednesday’s session, rising from $5.60 to $7, after the company announced a sweeping restructuring that includes cutting roughly 1,000 jobs and targeting $500 million in annual cost savings. The market’s reaction is swift and clear: investors have been waiting for exactly this kind of decisive action. It’s ... Snap Jumps 7%: Slashing 1,000 Jobs and $500M in ...
Snap Inc. (NYSE:SNAP) stock is up 7% in Wednesday’s session, rising from $5.60 to $7, after the company announced a sweeping restructuring that includes cutting roughly 1,000 jobs and targeting $500 million in annual cost savings. The market’s reaction is swift and clear: investors have been waiting for exactly this kind of decisive action. It’s ... Snap Jumps 7%: Slashing 1,000 Jobs and $500M in Costs Has Investors Believing in the Turnaround
Senior leadership not in Mexico City for LIV tournament Saudi focus now more on football and e-sports LIV Golf executives have been called to a meeting in New York amid growing speculation over the future of the Saudi Arabia-funded rebel tour. Rumours that LIV could soon be shut down had begun to circulate on social media on Tuesday evening with officials from the tour declining to respond. LIV’s ...
Senior leadership not in Mexico City for LIV tournament Saudi focus now more on football and e-sports LIV Golf executives have been called to a meeting in New York amid growing speculation over the future of the Saudi Arabia-funded rebel tour. Rumours that LIV could soon be shut down had begun to circulate on social media on Tuesday evening with officials from the tour declining to respond. LIV’s next event in Mexico City will begin as planned on Thursday, although as first reported by the Daily Telegraph, the tour’s senior leadership were all absent having been diverted to New York. Continue reading...
The Commodity Futures Trading Commission has launched an investigation into a series of suspiciously well-timed trades in the oil futures market, people familiar with the matter told Bloomberg. The derivatives regulator is leading a probe into the trading of oil futures contracts on CME Group ( CME ) and Intercontinental Exchange ( ICE ) platforms, according to the people who asked not to be ident...
The Commodity Futures Trading Commission has launched an investigation into a series of suspiciously well-timed trades in the oil futures market, people familiar with the matter told Bloomberg. The derivatives regulator is leading a probe into the trading of oil futures contracts on CME Group ( CME ) and Intercontinental Exchange ( ICE ) platforms, according to the people who asked not to be identified as the information is private. The two exchanges were asked to share related data, with the requested data including the so-called Tag 50 identifications of the entities behind the trades, the Wednesday, April 15 report noted. Last week, senators Elizabeth Warren and Sheldon Whitehouse were said to be pushing for an investigation into unusual trading patterns in oil futures, noticed immediately preceding two major government announcements related to the Iran conflict. Warren had sent a letter to Michael Selig, chairman of the CFTC, regarding a dramatic surge in oil futures trading on March 23 and April 7. More on Oil Futures Smart Money Is Deploying Fresh Capital Gold Vs. Oil December World Oil Production Slides Qatar warns Iran war will have major global economic impact U.S. and Iran may be reaching significant progress in talks, according to U.S. officials – report
Scientists say finding is ‘very concerning’ as collapse would be catastrophic for Europe, Africa and the Americas The critical Atlantic current system appears significantly more likely to collapse than previously thought after new research found that climate models predicting the biggest slowdown are the most realistic. Scientists called the new finding “very concerning” as a collapse would have c...
Scientists say finding is ‘very concerning’ as collapse would be catastrophic for Europe, Africa and the Americas The critical Atlantic current system appears significantly more likely to collapse than previously thought after new research found that climate models predicting the biggest slowdown are the most realistic. Scientists called the new finding “very concerning” as a collapse would have catastrophic consequences for Europe, Africa and the Americas. The Atlantic meridional overturning circulation (Amoc) is a major part of the global climate system and was already known to be at its weakest for 1,600 years as a result of the climate crisis. Scientists spotted warning signs of a tipping point in 2021 and know that the Amoc has collapsed in the Earth’s past. Continue reading...
The following companies are expected to report earnings after hours on 04/15/2026. Visit our Earnings Calendar for a full list of expected earnings releases.J.B. Hunt Transport Services, Inc. (JBHT)is reporting for the quarter ending March 31, 2026. The truck company's consensus
The following companies are expected to report earnings after hours on 04/15/2026. Visit our Earnings Calendar for a full list of expected earnings releases.J.B. Hunt Transport Services, Inc. (JBHT)is reporting for the quarter ending March 31, 2026. The truck company's consensus
Iran War Leads To Fluoride Shortages For Some US Water Utilities Authored by Zachary Stieber via The Epoch Times, Multiple water providers have lowered the amount of fluoride they add to water for millions of Americans, amid shortages stemming from the U.S.–Iran war. The Baltimore City Department of Public Works said on April 13 that it is reducing the level of fluoride from 0.7 milligrams per lit...
Iran War Leads To Fluoride Shortages For Some US Water Utilities Authored by Zachary Stieber via The Epoch Times, Multiple water providers have lowered the amount of fluoride they add to water for millions of Americans, amid shortages stemming from the U.S.–Iran war. The Baltimore City Department of Public Works said on April 13 that it is reducing the level of fluoride from 0.7 milligrams per liter (mg/L) to 0.4 mg/L. The move, officials said, was driven by disruptions to the supply chain caused by the ongoing conflict in the Middle East. A key Israeli supplier, specifically, has been struggling to meet demand. “This is an adjustment driven solely by supply availability,” Matthew Garbark, director of the Baltimore City Department of Public Works, said in a statement . “We remain committed to providing safe, high-quality drinking water.” Some 1.8 million people in and around Baltimore, the most populous city in Maryland, are served water by the city of Baltimore utility. Fluoride, a mineral, is put in water as a preventative for tooth decay and cavities. The Centers for Disease Control and Prevention recommends adding 0.7 mg/L. WSSC Water, which serves 1.9 million people in Montgomery and Prince George’s counties in Maryland, said earlier in April it would be adding only 0.4 mg/L because of “nationwide supply chain disruptions.” Hydrofluorosilicic acid, an important compound for water fluoridation, has been hard to source amid the war, including from a supplier in Israel, the utility said. Israel is one of the world’s top exporters of fluorosilicic acid, according to the U.S. Environmental Protection Agency, and the United States is among the world’s top five importers of the product. “This is a temporary adjustment driven solely by supply availability,” Ben Thompson, WSSC Water’s director of production, said in a statement. “We remain committed to maintaining safe, high-quality drinking water and will restore optimal fluoride levels as soon as supply conditions sta...
M. Suhail/iStock Editorial via Getty Images In today’s column, we continue our coverage of the regional bank earnings season by checking in on M&T Bank ( MTB ). As one of the larger and more sophisticated regional players in our coverage universe, M&T Bank often provides the first real look at how the commercial and industrial sectors are weathering the current interest rate environment and recent...
M. Suhail/iStock Editorial via Getty Images In today’s column, we continue our coverage of the regional bank earnings season by checking in on M&T Bank ( MTB ). As one of the larger and more sophisticated regional players in our coverage universe, M&T Bank often provides the first real look at how the commercial and industrial sectors are weathering the current interest rate environment and recent economic concerns stemming from the Iran War. Of course, the stock has seen some interesting price action leading up to this report, having faced some pressure alongside the broader financial sector over the last month. It has recovered here some in April with the market rebound. After digging through the just- reported Q1 results, we see the bank as continuing to be resilient with disciplined capital management. Despite the broader macroeconomic concerns, M&T Bank managed to deliver a report that exceeded expectations on several fronts. We think the bank stock is a buy. In this column, we will break down the key metrics and discuss what this means for investors. Let us discuss. Headline Results M&T Bank reported headline results that significantly outpaced what analysts were looking for. The bank reported EPS of $4.13, up nicely from the $3.38 reported in the same quarter last year. On an adjusted basis, the beat was even more pronounced, coming in at $4.18, well above the consensus estimate of $4.01. This was driven by a nice top-line move. Total revenue was $2.44 billion, up 6% year-over-year. This revenue growth was primarily fueled by a 3% rise in net interest income and a very strong 13% increase in non-interest income. Solid results overall here. It is impressive to see this kind of top-line growth at a time when many regional peers are struggling to maintain momentum, though it is early in our coverage of Q1 earnings season. Margins Expanded One of the most critical indicators we follow for the banking sector is the net interest margin, and M&T Bank did not disappo...
(RTTNews) - Sandoz AG (SDZNY) announced on Wednesday, that it has signed a direct manufacturing and supply agreement with the Rwanda government to ensure a stable supply of essential medicines, with plans to extend distribution to selected African countries.
(RTTNews) - Sandoz AG (SDZNY) announced on Wednesday, that it has signed a direct manufacturing and supply agreement with the Rwanda government to ensure a stable supply of essential medicines, with plans to extend distribution to selected African countries.
Netgear is the first major vendor of consumer routers to obtain an exemption from the US government's sweeping ban on foreign-made routers. The Federal Communications Commission yesterday announced an exemption for Netgear's Nighthawk and Orbi routers, and its cable gateways and modems. It came about three weeks after the FCC said it would no longer approve consumer-grade routers made at least par...
Netgear is the first major vendor of consumer routers to obtain an exemption from the US government's sweeping ban on foreign-made routers. The Federal Communications Commission yesterday announced an exemption for Netgear's Nighthawk and Orbi routers, and its cable gateways and modems. It came about three weeks after the FCC said it would no longer approve consumer-grade routers made at least partly outside the US, except in cases where the Department of Defense or Department of Homeland Security determines that the router does not pose national security risks. Under the new router ban, the Trump administration decides—through an opaque process in which it's unclear why any particular company receives an exemption—which companies' devices can be sold to consumers. Netgear, which is based in the US, was able to move quickly through the multi-agency approval process. Read full article Comments
May ICE NY cocoa (CCK26 ) today is down -93 (-2.61%), and May ICE London cocoa #7 (CAK26 ) is down -75 (-2.87%). Cocoa prices fell from 1.75-month highs and turned lower today, as the recent rally has sparked hedge selling among cocoa producers and traders. The Ivory Coast's Le...
May ICE NY cocoa (CCK26 ) today is down -93 (-2.61%), and May ICE London cocoa #7 (CAK26 ) is down -75 (-2.87%). Cocoa prices fell from 1.75-month highs and turned lower today, as the recent rally has sparked hedge selling among cocoa producers and traders. The Ivory Coast's Le...
Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. Samuel Boivin | Nurphoto | Getty Images Anthropic on Wednesday said it experienced elevated error rates across its Claude chatbot , its application programming interfa...
Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. Samuel Boivin | Nurphoto | Getty Images Anthropic on Wednesday said it experienced elevated error rates across its Claude chatbot , its application programming interface and its coding assistant, Claude Code, according to the company's status page . As of 1:50 p.m. ET, all systems are operational. At around 12:30 p.m. ET, Anthropic said it has seen success rates for logins to its chatbot stabilize, and that it was working to "fully resolve this issue." The company began investigating errors at 10:53 a.m. ET, the status page said. Anthropic was founded in 2021 by a group of researchers and executives who defected from OpenAI, and was valued at $380 billion as of February. The company is best known for developing a family of artificial intelligence models called Claude, and its products, particularly Claude Code, have exploded in popularity over the last year. The startup had early success selling to large enterprises, as companies spend billions of dollars to deploy AI across their workforces. Anthropic is engaged in a fierce competition for enterprise market share against rivals, including Google and OpenAI , which was valued at $850 billion in its latest fundraising round in late March. On Downdetector, a site that logs user reports of internet issues, roughly 2,000 users were reporting issues with Claude as of 1:12 p.m. ET, down from roughly 6,000 users at 10:42 a.m. ET. Around 500 users were reporting issues by 1:34 p.m. ET. WATCH: Anthropic co-founder says company in process of broadening Mythos access: Semafor event watch now VIDEO 2:08 02:08 Anthropic co-founder says company in process of broadening Mythos access: Semafor event Power Lunch Choose CNBC as your preferred source on Google and never miss a moment from the most trusted ...
hapabapa/iStock Editorial via Getty Images Introduction Since the last time I covered Workday, Inc. ( WDAY ), the company’s share price tumbled 45%, and now that we have the full-year performance out, I thought it would be a good time to revisit it. This massive reset in valuations, I think, was overdone, and I believe that there is a good opportunity for the long-term investor to invest in Workda...
hapabapa/iStock Editorial via Getty Images Introduction Since the last time I covered Workday, Inc. ( WDAY ), the company’s share price tumbled 45%, and now that we have the full-year performance out, I thought it would be a good time to revisit it. This massive reset in valuations, I think, was overdone, and I believe that there is a good opportunity for the long-term investor to invest in Workday at these levels. The Performance Let’s take a look at the overall top-line performance over the last year , now that we have all the information needed. In general, we can see that the company’s revenues have been trending in the right direction, with no meaningful slowdown that I can see. A 13.1% y/y increase overall is respectable. Subscription revenues were up 14.5% to $8.833B, while professional services declined slightly to $719m. Seeking Alpha Overall, the company saw revenue growth accelerating in the last quarter of the year, which is the opposite of some other companies that I covered in the past, which experienced a massive decline in their share price. The growth was very steady, and then it increased, while the share price declined by over 49% for the year. Author's build In terms of profitability, I can see that margins across the board improved quite a bit as well. Gross margins remained steady, while the largest improvement can be seen in the company’s EBIT and EBITDA margins. Both are improving by around 460 bps. That is quite a profitability boost. The management attributed the overall improvements to ongoing efficiencies, like slower headcount growth and process/AI-driven cost optimizations. Seeking Alpha An even more impressive metric that SA doesn’t capture is the company’s non-GAAP operating margin, which came in at around 30.5% for the year. I thought the EBITDA margin would be close to that, but it seems that the company does a lot more adjustments in general to get to such a number. Share-based compensation accounted for 15% of the increase, which ...
Gargolas/iStock via Getty Images Public Service Enterprise Group ( PEG ) down 1.3% in Wednesday's trading as Jefferies downgraded the utility to Hold from Buy with an $89 price target, citing lower confidence in a nuclear data center deal as New Jersey's ratepayer protection pledge reduces hyperscaler interest in contracting with existing assets without new generation. Jefferies analyst Paul Zimba...
Gargolas/iStock via Getty Images Public Service Enterprise Group ( PEG ) down 1.3% in Wednesday's trading as Jefferies downgraded the utility to Hold from Buy with an $89 price target, citing lower confidence in a nuclear data center deal as New Jersey's ratepayer protection pledge reduces hyperscaler interest in contracting with existing assets without new generation. Jefferies analyst Paul Zimbardo said he had been hopeful that PSEG ( PEG ) would sign a virtual power purchase agreement and credit customers back some of the value, which is still a possibility but "we are not willing to ascribe material value" with a more intense focus on affordability; the company is helping pursue new nuclear at its site, but the analyst does not see this increasing the odds of securing an on-campus data center. Investors seem increasingly focused on PSEG's ( PEG ) transmission exposure with ~38% of FY 2025 rate base following the New England cut; Zimbardo said he sees the company's 9.9% base return on equity as safe but with vulnerability to legislation that would mandate RTO participation—"not "our base case, but this is an overhang on shares that is difficult to refute." PSEG's ( PEG ) strong story was derailed by high electric rates in 2025 and becoming the center of the election cycle with New Jersey Governor Sherrill focusing her attention on a utility rate freeze; "a solid utility story now needs to work within the confines of a less accommodating regime, leading to a slower pace of investments and increasing reliance on unregulated earnings growth," the analyst wrote. More on Public Service Enterprise Group Public Service Enterprise Group: How PSEG Is Becoming An AI Infrastructure Play Public Service Enterprise Group: The Upside Remains Uncompelling Public Service Enterprise Group Q4 2025 Earnings Call Presentation