Justin Sullivan SoFi Technologies ( SOFI ) said claims made in a short seller report issued on Tuesday show a "fundamental lack of understanding of our financial statements and business," and the company intends to explore legal action against Muddy Waters. "We have reviewed the full report and believe it is designed to deceive investors," the company said in a statement late Tuesday. SoFi ( SOFI ...
Justin Sullivan SoFi Technologies ( SOFI ) said claims made in a short seller report issued on Tuesday show a "fundamental lack of understanding of our financial statements and business," and the company intends to explore legal action against Muddy Waters. "We have reviewed the full report and believe it is designed to deceive investors," the company said in a statement late Tuesday. SoFi ( SOFI ) pointed out that it's a highly regulated public company with financial statements and extensive disclosures in conformity with U.S. GAAP and SEC regulations. Moreover, as a bank holding company, it's regulated by the Federal Reserve, and its bank is regulated by the Office of the Comptroller of the Currency, among other regulators. SoFi ( SOFI ) stock rose 1.3% in Wednesday premarket trading. A filing also disclosed on Tuesday that SoFi CEO Anthony Noto had acquired 28,900 shares of the company's stock at a weighted average price of $17.3189 per share, for a total of ~$500.5K. More on Sofi SoFi: 1 Million Reasons To Buy SoFi Is Gradually Derisking By Moving To A Capital-Light Model SoFi Technologies Is On Sale Once More (Rating Upgrade) Stocks to watch after market: DOCU, LULU, SOFI SA analyst upgrades/downgrades: ADBE, AAPL, SOFI, LOW
Jabil press release ( JBL ): Q2 Non-GAAP EPS of $2.69 beats by $0.18 . Revenue of $8.28B (+23.0% Y/Y) beats by $500M . Fiscal Year 2026 Outlook: • Net revenue $34 billion • Core operating margin (Non-GAAP) 5.7% • Core diluted earnings per share (Non-GAAP) $12.25 per diluted share • Adjusted free cash flow (Non-GAAP) $1.3+ billion Click to enlarge Third Quarter of Fiscal Year 2026 Outlook: • Net re...
Jabil press release ( JBL ): Q2 Non-GAAP EPS of $2.69 beats by $0.18 . Revenue of $8.28B (+23.0% Y/Y) beats by $500M . Fiscal Year 2026 Outlook: • Net revenue $34 billion • Core operating margin (Non-GAAP) 5.7% • Core diluted earnings per share (Non-GAAP) $12.25 per diluted share • Adjusted free cash flow (Non-GAAP) $1.3+ billion Click to enlarge Third Quarter of Fiscal Year 2026 Outlook: • Net revenue • $8.1 billion to $8.9 billion • U.S. GAAP operating income • $398 million to $458 million • U.S. GAAP diluted earnings per share • $2.36 to $2.76 per diluted share • Core operating income (Non-GAAP)(1) • $452 million to $512 million • Core diluted earnings per share (Non-GAAP)(1) • $2.83 to $3.23 per diluted share Click to enlarge Shares +5.5% PM. More on Jabil Jabil: Rating Upgrade On Better Revenue Visibility And Competitive Position Jabil: AI-Driven Revenue Acceleration Jabil's Strong Growth Justifies A Little More Optimism Jabil Q2 2026 Earnings Preview Jabil prices $1 billion bond offering in two tranches
(RTTNews) - Macy's Inc. (M) released earnings for its fourth quarter that Increases, from the same period last year The company's bottom line totaled $507 million, or $1.84 per share. This compares with $342 million, or $1.21 per share, last year. Excluding items, Macy's Inc. reported adjusted earnings of $458 million or $1.67 per share for the period. The company's revenue for the period fell 1.7...
(RTTNews) - Macy's Inc. (M) released earnings for its fourth quarter that Increases, from the same period last year The company's bottom line totaled $507 million, or $1.84 per share. This compares with $342 million, or $1.21 per share, last year. Excluding items, Macy's Inc. reported adjusted earnings of $458 million or $1.67 per share for the period. The company's revenue for the period fell 1.7% to $7.639 billion from $7.768 billion last year. Macy's Inc. earnings at a glance (GAAP) : -Earnings: $507 Mln. vs. $342 Mln. last year. -EPS: $1.84 vs. $1.21 last year. -Revenue: $7.639 Bln vs. $7.768 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
"This issue is not going away, the number of people affected by these bad deaths - given the demographic trends, given the advances in medicine - those numbers are only going to increase, and meantime the overwhelming majority of people across Scotland are supportive of a change."
"This issue is not going away, the number of people affected by these bad deaths - given the demographic trends, given the advances in medicine - those numbers are only going to increase, and meantime the overwhelming majority of people across Scotland are supportive of a change."
Last month, Discord quickly backpedaled after it announced that an age-verification system would roll out globally. Discord's reversal followed a widespread user backlash, which also intensified scrutiny of the platform's age-check partners . Suddenly, these often-overlooked players in the "age-assurance" ecosystem had to defend their tech or risk losing major contracts. The whole saga shone a har...
Last month, Discord quickly backpedaled after it announced that an age-verification system would roll out globally. Discord's reversal followed a widespread user backlash, which also intensified scrutiny of the platform's age-check partners . Suddenly, these often-overlooked players in the "age-assurance" ecosystem had to defend their tech or risk losing major contracts. The whole saga shone a harsh spotlight on the current problems with age-verification tech—and on the technical solutions aiming to make the whole process both secure and private. Read full article Comments
Honeywell International Inc. ( HON ) shares fell 1.3% after the company said that its first-quarter 2026 revenues will be affected by the ongoing Middle East war. HON Shares of Uber Technologies Inc. ( UBER ) surged 4.2% following the announcement that the company plans to launch robotaxis in 28 cities starting next year. UBER Shares of Amazon.com Inc. ( AMZN ) rose 1.6% following news that its CE...
Honeywell International Inc. ( HON ) shares fell 1.3% after the company said that its first-quarter 2026 revenues will be affected by the ongoing Middle East war. HON Shares of Uber Technologies Inc. ( UBER ) surged 4.2% following the announcement that the company plans to launch robotaxis in 28 cities starting next year. UBER Shares of Amazon.com Inc. ( AMZN ) rose 1.6% following news that its CEO Adam Jassy projects AWS to reach $600 billion in the next 10 years due to extensive use of AI technologies. AMZN Delta Air Lines Inc.’s ( DAL ) shares jumped 6.6% after the company raised revenue guidance for first-quarter 2026 on strong travel demand. Free Report: Profiting from the 2nd Wave of AI Explosion The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives. Investors who bought shares like Nvidia at the right time have had a shot at huge gains. But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies. Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
As Metallica et al broke through, Kreator, Sodom and Destruction were forging an even harder sound. They recall gigs in coalmines, sessions in steelworks – and boozing with Slayer The noise might have been building since the early 80s, but 1986 was the year thrash metal broke – bursting like a zit on a teenage metalhead’s bumfluffed chin. Slayer, Megadeth and Metallica all released landmark albums...
As Metallica et al broke through, Kreator, Sodom and Destruction were forging an even harder sound. They recall gigs in coalmines, sessions in steelworks – and boozing with Slayer The noise might have been building since the early 80s, but 1986 was the year thrash metal broke – bursting like a zit on a teenage metalhead’s bumfluffed chin. Slayer, Megadeth and Metallica all released landmark albums, with the latter swapping fleapit rock clubs for a string of arena dates supporting Ozzy Osbourne. But while these California acts would alter the course of rock music for ever, a clutch of like-minded teenagers were carving their own path 5,500 miles away from the genre’s epicentre. What Kreator, Sodom, Destruction and Tankard – the “big four” of German thrash metal – might have lacked in finesse and professional outlook, they made up for in sheer unbridled aggression. Faster and meaner than most of their American peers, these bands helped to set a new benchmark for brutality while unwittingly influencing the next generation of death- and black-metal musicians. Continue reading...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: China opportunity: Nvidia ( NVDA ) gets orders from customers in China and is preparing a version of its Groq AI chips to be sold there. Short call: SoFi ( SOFI ) responded to Muddy Waters' short seller report , ca...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: China opportunity: Nvidia ( NVDA ) gets orders from customers in China and is preparing a version of its Groq AI chips to be sold there. Short call: SoFi ( SOFI ) responded to Muddy Waters' short seller report , calling it "factually inaccurate," and plans to explore legal action . LatAm watch: The U.S. eyes further steps to ease sanctions on Venezuela , while Cuba's president vows resistance to any takeover attempt. Another pause? This week has a busy schedule for central banks, which started off with the Reserve Bank of Australia raising interest rates on Tuesday. Next up are the Bank of Canada and the Federal Reserve on Wednesday, followed by the Bank of England, European Central Bank and Bank of Japan on Thursday - all of whom are expected to leave their respective rates unchanged. What to expect: The Fed is widely expected to maintain its benchmark interest rate at 3.50%-3.75% this afternoon. Brian Coulton, chief economist at Fitch Ratings, expects the Fed to refocus downside labor market risks after February's weak jobs print. Other signs of the weakening labor market are wage growth slowing, unemployment creeping up and job vacancies declining. But the big question is, will the Fed consider policy easing in the coming months? Or will it signal rate hikes in the face of the biggest oil shock since the COVID-19 pandemic? Oil shock: Coulton expects FOMC officials to view the oil rally as "a one-off price shock to price level, unless the oil price keeps going up, which is a possibility." As such, he doesn’t expect a hawkish tone from the Fed regarding the inflation outlook. Allianz Trade expects the oil price shock to delay the Fed's rate cut to September. "Despite a still weak labor market, the Fed will have to keep rates on hold at least through the summer amid risks of de-ancho...
China is offering solar energy to Cuba , an old ally left without power amid the US oil embargo , in a show of strength for Chinese renewable-energy credentials and a sign of Beijing’s economic footprint in Latin America. Beijing’s ambassador to Cuba, Hua Xin, on Monday outlined joint energy projects in progress as part of an effort to ease a “complex power situation” in the Caribbean nation, the ...
China is offering solar energy to Cuba , an old ally left without power amid the US oil embargo , in a show of strength for Chinese renewable-energy credentials and a sign of Beijing’s economic footprint in Latin America. Beijing’s ambassador to Cuba, Hua Xin, on Monday outlined joint energy projects in progress as part of an effort to ease a “complex power situation” in the Caribbean nation, the Cuban Ministry of Foreign Affairs said. “China has always maintained that Latin America and the Caribbean are one big family of sovereign, independent countries and in no way can be the backyard of any country,” Hua told a news conference in Cuba, according to the ministry’s website. Advertisement Cuban media outlet CiberCuba quoted the ambassador saying Beijing will “intensify its support to Havana” through new energy projects, with a particular focus on developing renewable sources such as solar. US President Donald Trump pledged on Monday to “take” Cuba , an island nation of around 10.9 million people, amid a total power blackout triggered by a shutdown of the national grid and linked to an oil embargo imposed by Washington. Advertisement Donors from China have already given 5,000 “household” solar energy equipment sets for installation at three Cuban clinics and a home for the elderly, Chinese official news agency Xinhua said on Thursday. China has also helped Cuba develop 49 new “solar parks” with more on the way by 2028, according to the International Action Centre, a US-based advocacy group. It said solar power production had grown from 5.8 per cent of total energy generation early last year to more than 20 per cent this month.
Xbow, a startup that builds AI software to probe applications for security vulnerabilities, has raised a new round of funding that values it at more than $1 billion, a sign of investor enthusiasm for using artificial intelligence in cybersecurity. DFJ Growth and Northzone led the $120 million financing deal in Xbow, the company said Wednesday. Other participants included Alkeon Capital and Sofina,...
Xbow, a startup that builds AI software to probe applications for security vulnerabilities, has raised a new round of funding that values it at more than $1 billion, a sign of investor enthusiasm for using artificial intelligence in cybersecurity. DFJ Growth and Northzone led the $120 million financing deal in Xbow, the company said Wednesday. Other participants included Alkeon Capital and Sofina, as well as previous backers Sequoia Capital, Altimeter Capital and NFDG. Founded in 2024, Xbow is part of a crop of startups promising to use advances in AI to combat malicious actors, including those who may seize on artificial intelligence to automate their own attacks. Earlier this month, OpenAI agreed to buy Promptfoo, a company that enables large businesses to find and fix security issues in AI models. OpenAI and Anthropic PBC have also unveiled AI agents meant to help security teams spot and patch vulnerabilities in large databases. Xbow uses human hackers to train AI models that automate the function of so-called penetration testers and red teams, which try to find weak points in a company’s systems before they’re exploited. The startup focuses on probing for flaws in applications, a need that’s growing as more developers rely on AI coding tools to streamline the process of writing software. Oege de Moor , chief executive officer of Xbow and former head of GitHub’s pioneering Copilot code-generation product, said apps built largely with AI typically “output insecure coding patterns.” The reason, he said, is “they’ve been trained on publicly available source code, and unfortunately, a lot of publicly available source code was not well secured.” De Moor expects AI models “will get better and better at avoiding insecure coding patterns,” but that it will remain a challenge to root out security flaws stemming from AI failing to understand business logic, or when data can or should be shared. Xbow, he said, can find such flaws. The startup employs roughly 150 people and ...
Some of the market’s hottest stocks are grabbing headlines for all the right reasons. These three stocks have been fueled by strong growth, big artificial intelligence (AI) bets, and bold future potential. But beneath the excitement, valuations are now soaring. The question for investors now is, should you stay invested, or is it time to sell? Overvalued Stock #1: Tesla (TSLA) There are very few s...
Some of the market’s hottest stocks are grabbing headlines for all the right reasons. These three stocks have been fueled by strong growth, big artificial intelligence (AI) bets, and bold future potential. But beneath the excitement, valuations are now soaring. The question for investors now is, should you stay invested, or is it time to sell? Overvalued Stock #1: Tesla (TSLA) There are very few stocks that grab investors’ attention like Tesla (TSLA). From dominating headlines with its electric vehicles (EVs) to a potential powerhouse in AI and robotics, Tesla’s story is evolving fast. With expectations now sky-high, concerns are rising that the stock may be getting ahead of its fundamentals. Tesla stock is down 11% so far this year but up 67% over the last 52 weeks. Tesla’s core automotive business is struggling, with revenue down 11% year-over-year (YoY) to $17.7 billion in the fourth quarter and 10% to $69 billion for the full year. Even double-digit growth in the energy generation, storage, and services areas couldn't offset the decline in its core operations. Nonetheless, CEO Elon Musk cannot stop pulling all the focus on Tesla’s future rather than the present. The company is investing heavily in self-driving technology, robotics, particularly its humanoid robot Optimus, and AI-powered infrastructure and energy solutions. Musk identified them as key pillars of the company's long-term strategy. He believes that autonomous driving and robotics could reshape entire industries. While adjusted earnings declined 28% YoY in 2025, analysts expect double-digit growth over the next two years. Tesla's long-term goal is undeniably enticing, but its valuation raises plenty of questions. Trading at 189 times forward earnings, TSLA stock seems overpriced for an expected 24% growth in earnings for 2026. Investors are betting on widespread adoption of autonomous vehicles, successful commercialization of robotics, and Tesla becoming a leader in physical AI. However, these opport...
In this article MU Follow your favorite stocks CREATE FREE ACCOUNT Sanjay Mehrotra, president and chief executive officer of Micron Technology Inc., during a groundbreaking ceremony for the new Micron Technology Inc. semiconductor manufacturing facility in Clay, New York, US, on Friday, Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron saw its stock triple in 2025, and it's up nea...
In this article MU Follow your favorite stocks CREATE FREE ACCOUNT Sanjay Mehrotra, president and chief executive officer of Micron Technology Inc., during a groundbreaking ceremony for the new Micron Technology Inc. semiconductor manufacturing facility in Clay, New York, US, on Friday, Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron saw its stock triple in 2025, and it's up nearly 62% so far in 2026, as heavy demand for memory-rich Nvidia artificial intelligence chips leads to shortages. The memory crunch that's boosted Micron has been bad news for many of its tech peers, which are dealing with higher prices as they try to secure critical components. Among the 10 most valuable U.S. tech companies, Micron is the only one up this year. The rally has elevated Micron's market cap to $520 billion, passing Oracle , which is now worth $445 billion. Micron will issue fiscal second-quarter results after the close on Wednesday, with analysts expecting 148% year-over-year revenue growth, according to LSEG. Executives will discuss the results with analysts on a conference call starting at 4:30 p.m. ET. The memory chip shortage is showing no sign of letting up, as the tech industry's biggest names spend record amounts to keep up in the AI race. "Memory is a key enabler of AI," Micron CEO Sanjay Mehrotra told CNBC's Sara Eisen in January. "It is a strategic asset today, not like just a component in the system. And so we need it. Just like your brain, you need more memory. You need faster memory." Amazon and Google , which buy large quantities of Nvidia chips and rent them out through cloud services, have been ratcheting up their forecasts for capital expenditures. Cloud providers need racks full of Nvidia's Vera Rubin graphics processing units in their data centers, and each system requires large amounts of memory. watch now VIDEO 13:59 13:59 First look at Vera Rubin, Nvidia’s next AI system that’s 10 times more efficient Tech An Nvidia Vera Rubin NVL72 system...
Micron rides memory price spike into earnings with stock up 62%, drubbing its tech peers CNBC Micron Earnings Face High Expectations as Its Stock Keeps Rising Bloomberg.com Here's How Much Micron Stock Is Expected to Move After Earnings Investopedia
Micron rides memory price spike into earnings with stock up 62%, drubbing its tech peers CNBC Micron Earnings Face High Expectations as Its Stock Keeps Rising Bloomberg.com Here's How Much Micron Stock Is Expected to Move After Earnings Investopedia
Lichtwolke/iStock via Getty Images Introduction I have been looking forward to writing this article, as I spent the past few days reinforcing my thesis that the S&P 500 isn't a great place to be anymore. To be fair, I'm not bearish on the index, as I still expect positive returns. That's also why all of our family accounts that invest in ETFs maintain their S&P 500 exposure. We even continue to in...
Lichtwolke/iStock via Getty Images Introduction I have been looking forward to writing this article, as I spent the past few days reinforcing my thesis that the S&P 500 isn't a great place to be anymore. To be fair, I'm not bearish on the index, as I still expect positive returns. That's also why all of our family accounts that invest in ETFs maintain their S&P 500 exposure. We even continue to invest in the index. The change is that we have massively dialed down these investments. To many of you, this may not come as a surprise, as I have written a lot on my view that the S&P 500 will see subdued returns in the years ahead and the need to diversify. So far this year, I believe we're seeing the start of that rotation, as the S&P 500 is down roughly 3% year-to-date, while the equal-weight S&P 500 is up 1%. That is not a huge difference, yet looking at the chart below, we're seeing the rotation take shape, even though it's early. TradingView (RSP/SPY Total Return Ratio) With that said, I'm not writing this because I'm bored and looking to recycle some stuff, but because the thesis is getting stronger, as I truly believe we're seeing a regime change. I would even say that the foundation that has carried this top-heavy market for years is starting to break. While that comes with downside risks, I think the base case is underperformance, not capital losses. I also believe that some basic diversification can help people achieve much higher returns (alpha) in the years ahead. The problem I see is that the market of the past, as dramatic as that may sound, has changed, which will likely result in a much longer rotation that forces a lot of capital to shift into areas that didn't do so well over the past decade. In this article, I'll update what might be my most important thesis and tell you what I expect to happen (and why it matters so much). So, as we have a lot to discuss, let's get right to it! Suddenly, There's A New Macro Catalyst A core part of the current problems h...
Douglas Rissing/iStock Unreleased via Getty Images In early May 2025, one company that I recognized as going through an interesting transition was Upbound Group ( UPBD ). In the past, the company used to be known as Rent-A-Center. But through significant corporate changes, including acquisition activities, the firm ultimately rebranded into what it is now. In the last article I wrote about it, I a...
Douglas Rissing/iStock Unreleased via Getty Images In early May 2025, one company that I recognized as going through an interesting transition was Upbound Group ( UPBD ). In the past, the company used to be known as Rent-A-Center. But through significant corporate changes, including acquisition activities, the firm ultimately rebranded into what it is now. In the last article I wrote about it, I acknowledged that not everything about the business was great. However, there were some positive signs. Overall financial performance was improving, and the company's acquisition of Brigit offered expansion on the financial solutions tech side. I ended up calling the company a "Buy" at that time. But since then, shares have dropped 17.9%, woefully underperforming the 18% increase that the S&P 500 has enjoyed. When you look at the data that's available, you see a business that is continuing to grow. Financial performance is unfortunately choppy. And in all likelihood, even though revenue will be higher this year than last year, profitability won't change all that much. The good news is that, even with these issues, the stock is incredibly cheap at the moment. Because of my concerns about the economy more broadly, I am not ready to upgrade it yet again. But if we see the stock fall much further, or if we see some improvement in fundamentals, upgrading it to a "Strong Buy" could make sense. An attractive prospect At its core, Upbound Group is an enterprise that owns three other businesses. The most famous of these is none other than Rent-A-Center, which offers customers the opportunity to lease durable goods on a lease-to-own basis from its own stores throughout the U nited States and Puerto Rico. The company does have franchised operations through which it generates revenue from the sale of rental merchandise to its franchisees. And on top of this, it generates royalties stemming from the monthly gross revenues of those partners. In addition to this, we have Acima, which the c...
FujiCraft/iStock via Getty Images Right now, a lot of fear is dominating in the stock market, as investors worry about a shaky U.S. economy, escalating Middle East tensions, and the risk of AI displacing jobs. While I agree that we need to be cautious in this market, investors who have the discipline to stomach near-term volatility have the ability to buy a lot of attractive businesses at a great ...
FujiCraft/iStock via Getty Images Right now, a lot of fear is dominating in the stock market, as investors worry about a shaky U.S. economy, escalating Middle East tensions, and the risk of AI displacing jobs. While I agree that we need to be cautious in this market, investors who have the discipline to stomach near-term volatility have the ability to buy a lot of attractive businesses at a great price. Life360 ( LIF ), which is the maker of Tile tracking devices and its related security software products, is looking increasingly compelling after its sharp declines this year. The stock is down ~35% since the start of the year, roughly in line with enterprise software stocks: despite the fact that AI poses virtually no risk at all to Life360's business. While the company certainly had a valuation premium that it needed to burn off, in my view the selloff has gone too far, especially in light of the company's recent string of excellent results. To me, it's a great time to review the bull case for this name. Data by YCharts I last wrote a neutral article on Life360 in early January, upgrading the stock from a prior sell rating when it was trading at ~$60 per share. It's worth noting that today, Life 360 is now sitting at less than half of its October 2025 peaks which briefly touched above $100, putting the stock in a deep bear market (again, we emphasize the fact that on a fundamental front, Life360 has delivered tremendously strong execution). With such a sea change in the stock's valuation over the past few months alone, it's necessary for us to take a fresh look at this fantastic growth stock: and I'm raising my rating on Life360 to a buy. For investors who are newer to Life360, here are all the core reasons to be long on the stock: Life360 has multiple monetization streams across hardware and software. The company has a broad array of products, covering a wide array of subscription services that offer location tracking, credit score and ID theft monitoring, as well...
SOUTHLAKE, Texas, March 18, 2026 (GLOBE NEWSWIRE) -- American Fusion Inc. (OTC: AMFN) (“American Fusion”, “RNWF” or the “Company”), formerly known as Renewal Fuels, Inc. (OTC: RNWF), today announced that the Financial Industry Regulatory Authority has processed the Company’s corporate name change and new trading symbol. The Company’s common stock is expected to begin trading under the name America...
SOUTHLAKE, Texas, March 18, 2026 (GLOBE NEWSWIRE) -- American Fusion Inc. (OTC: AMFN) (“American Fusion”, “RNWF” or the “Company”), formerly known as Renewal Fuels, Inc. (OTC: RNWF), today announced that the Financial Industry Regulatory Authority has processed the Company’s corporate name change and new trading symbol. The Company’s common stock is expected to begin trading under the name American Fusion Inc. and the ticker symbol “AMFN” effective March 19, 2026. The change will be reflected on the FINRA Daily List published on March 18, 2026. Corporate Development Update The processing of the Company’s name and ticker change represents a major inflection point in the Company’s strategic transformation following its merger with Kepler Fusion Technologies and the launch of the American Fusion platform. The transition to American Fusion Inc. aligns the Company’s public market identity with its core operating strategy: the development and commercialization of next-generation fusion energy systems through its wholly owned subsidiary, Kepler Fusion Technologies. The Company is advancing the Texatron™ aneutronic fusion platform as a scalable, infrastructure-grade energy solution designed for industrial, commercial, and grid-constrained applications. This milestone marks the completion of a critical step in the Company’s corporate repositioning and establishes a unified platform for continued execution across technology development, intellectual property expansion, regulatory initiatives, and capital markets strategy. Richard C. Hawkins, CEO and Chairman, stated, “This is a defining milestone for the Company. With the completion of our name and ticker change, we are now fully aligned with the American Fusion platform and our long-term strategy. Our focus is on advancing Kepler’s Texatron technology toward commercial deployment and building a scalable, infrastructure-grade energy platform positioned to address global demand for next-generation power solutions.” “From Keple...
BEIJING, March 18, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced its unaudited financial results for the quarter and full year ended December 31, 2025. Fourth Quarter and Full Year 2025 Highlights Total paid enterprise customers 1 in the twelve months ended December 31, 2025 were 6...
BEIJING, March 18, 2026 (GLOBE NEWSWIRE) -- KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced its unaudited financial results for the quarter and full year ended December 31, 2025. Fourth Quarter and Full Year 2025 Highlights Total paid enterprise customers 1 in the twelve months ended December 31, 2025 were 6.8 million, an increase of 11.5% from 6.1 million in the twelve months ended December 31, 2024. in the twelve months ended December 31, 2025 were 6.8 million, an increase of 11.5% from 6.1 million in the twelve months ended December 31, 2024. Average monthly active users (MAU)2 for the fourth quarter of 2025 were 58.0 million, an increase of 10.1% from 52.7 million for the same quarter of 2024. Average MAU for the full year of 2025 were 60.7 million, an increase of 14.5% from 53.0 million for the full year of 2024. Revenues for the fourth quarter of 2025 were RMB2,078.5 million (US$297.2 million), an increase of 14.0% from RMB1,823.6 million for the same quarter of 2024. Revenues for the full year of 2025 were RMB8,267.5 million (US$1,182.2 million), an increase of 12.4% from RMB7,355.7 million for the full year of 2024. Income from operations for the fourth quarter of 2025 was RMB686.0 million (US$98.1 million), an increase of 80.2% from RMB380.6 million for the same quarter of 2024. Adjusted3 income from operations for the fourth quarter of 2025 was RMB900.1 million (US$128.7 million), an increase of 36.6% from RMB658.8 million for the same quarter of 2024. Income from operations for the full year of 2025 was RMB2,464.1 million (US$352.4 million), an increase of 110.1% from RMB1,172.9 million for the full year of 2024. Adjusted income from operations for the full year of 2025 was RMB3,376.1 million (US$482.8 million), an increase of 45.7% from RMB2,316.6 million for the full year of 2024. Net income for the fourth quarter of 2025 was RMB691.8 million (US$98.9 million), an...
(RTTNews) - Baker Hughes Company (BKR), an energy technology firm, on Wednesday said it has secured a major 60-month service contract from Petrobras to support critical turbomachinery equipment across Brazil's offshore operations and a key refinery. The agreement, signed in February in Rio de Janeiro, covers maintenance, repair, and engineering advisory services for up to 64 aeroderivative gas tur...
(RTTNews) - Baker Hughes Company (BKR), an energy technology firm, on Wednesday said it has secured a major 60-month service contract from Petrobras to support critical turbomachinery equipment across Brazil's offshore operations and a key refinery. The agreement, signed in February in Rio de Janeiro, covers maintenance, repair, and engineering advisory services for up to 64 aeroderivative gas turbines. These turbines play a crucial role in supporting energy production across approximately 19 floating production, storage and offloading vessels, as well as operations at the Replan refinery in Paulínia, São Paulo. The company said work under the contract began in February 2026 and will be executed through its service center in Petrópolis, Rio de Janeiro. Baker Hughes also plans to expand the facility's capabilities, including adding advanced grinding technology, which is expected to enhance service efficiency, support local employment, and strengthen the domestic supply chain. "This strategic agreement reinforces our long-standing relationship with Petrobras and our enduring commitment to Brazils energy sector," said Baker Hughes Chief Growth and Experience Officer and interim Executive Vice President of Industrial & Energy Technology Maria Claudia Borras. "Our advanced service solutions, delivered through our local service center, can help improve the reliability and operational efficiency Petrobras needs across its offshore and refining operations while strengthening its energy supply chain." Baker Hughes shares closed at $57 on Tuesday, up 3.28%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(ATTN: RECASTS headline, lead; ADDS details, photo) SEOUL, March 18 (Yonhap) -- Samsung Electronics Co. Chairman Lee Jae-yong met with Lisa Su, chief executive officer (CEO) of Advanced Micro Devices Inc. (AMD) in Seoul on Wednesday, the company said, in what was seen as part of their push for cooperation on artificial intelligence (AI) chips. The dinner between Lee and Su took place at Seungjiwon...
(ATTN: RECASTS headline, lead; ADDS details, photo) SEOUL, March 18 (Yonhap) -- Samsung Electronics Co. Chairman Lee Jae-yong met with Lisa Su, chief executive officer (CEO) of Advanced Micro Devices Inc. (AMD) in Seoul on Wednesday, the company said, in what was seen as part of their push for cooperation on artificial intelligence (AI) chips. The dinner between Lee and Su took place at Seungjiwon, a venue the South Korean tech giant has used for business meetings with key guests, including Meta CEO Mark Zuckerberg, Saudi Crown Prince Mohammed bin Salman and Ola Kallenius, chairman of Mercedes-Benz Group AG. Their meeting came after Samsung Electronics announced earlier in the day it has signed an agreement with AMD to supply its latest high bandwidth memory (HBM) chips for the U.S. firm's next-generation AI accelerators. Under a memorandum of understanding (MOU), Samsung Electronics has been designated as a preferred supplier of HBM4 for AMD's Instinct MI455X, its latest graphics processing unit (GPU) for AI data centers, according to the company. Samsung Electronics Co. Chairman Lee Jae-yong (R) toasts with Lisa Su, chief executive officer of Advanced Micro Devices Inc. at Seungjiwon in Seoul on March 18, 2026, in this photo provided by Samsung Electronics. (PHOTO NOT FOR SALE) (Yonhap) The deal marks Samsung Electronics' first official HBM4 agreement since it began shipping the chips in February. Su was visiting South Korea as part of the partnership deal arrangement. Samsung Electronics' sixth-generation HBM4 uses a 4-nanometer logic process on the base die to improve data control efficiency, enabling data transfer speeds of up to 13 gigabits per second (Gbps) and bandwidth of up to 3.3 terabits per second (Tbps). The two companies will also collaborate on high-performance double data rate 5 (DDR5) memory solutions to support AMD's Helios, a next-generation rack-scale AI platform, as well as AI data center GPUs. Samsung Electronics Co. Vice Chairman Jun Young-hy...
Marti Technologies ( MRT ) said its ride-hailing service reached 3.8M riders and 490,000 drivers as of March 17, 2026, surpassing its end-March targets. Riders more than doubled (+101% YoY), while the number of registered drivers grew 70%, highlighting strong demand across Türkiye. The company now targets 4.3M riders and 530,000 drivers by June 30, 2026. More on Marti Technologies Seeking Alpha’s ...
Marti Technologies ( MRT ) said its ride-hailing service reached 3.8M riders and 490,000 drivers as of March 17, 2026, surpassing its end-March targets. Riders more than doubled (+101% YoY), while the number of registered drivers grew 70%, highlighting strong demand across Türkiye. The company now targets 4.3M riders and 530,000 drivers by June 30, 2026. More on Marti Technologies Seeking Alpha’s Quant Rating on Marti Technologies Historical earnings data for Marti Technologies Financial information for Marti Technologies
The Fed to meet about interest rates. And, Sen. Mullin faces DHS confirmation hearing Good morning. You're reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today's top stories Iran launched a barrage of missile attacks on Israel after confirming the deaths of two high-ranking officials...
The Fed to meet about interest rates. And, Sen. Mullin faces DHS confirmation hearing Good morning. You're reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today's top stories Iran launched a barrage of missile attacks on Israel after confirming the deaths of two high-ranking officials, Ali Larijani and Gholamreza Soleimani. The Revolutionary Guard announced that it launched multiple warhead missiles today targeting the Tel Aviv area. Israel also carried out an assault on central Beirut overnight, resulting in the deaths of 10 people. The Israeli military stated that it aimed to target Hezbollah militants and their installations. toggle caption Vahid Salemi/AP 🎧 NPR's Arezou Rezvani tells Up First that she spent a few hours at the Haji Omeran border crossing interviewing people who were leaving Iran and entering Iraq. During that time, she says that one of the most striking things she noticed was how terrified people were to speak. Rezvani spoke with a woman in her 60s from a border city in Iran who asked not to be named for fear of government reprisal, even outside of the country. The woman avoided talking about the war, but did tell Rezvani that she wished the airstrikes on her city had killed her, expressing how her life had become unbearable. Iran has been under an intense internet blackout for the last couple of weeks, making it hard to contact people inside the country. Iranians who have managed to get online report seeing increased checkpoints in their cities and towns, where security forces are checking phones for apps used to bypass the blackout. who were leaving Iran and entering Iraq. During that time, she says that one of the most striking things she noticed was how terrified people were to speak. Rezvani spoke with a woman in her 60s from a border city in Iran who asked not to be named for fear of government reprisal, even outside of the cou...