Newcastle face Bournemouth on Saturday with the manager under increasing pressure at St James’ Park Eddie Howe has reason to believe that April really is the cruellest month. This time last year Newcastle’s manager was hospitalised with pneumonia and, 12 months later, he can barely switch on a radio or glance at a newspaper without receiving yet another reminder he is “under pressure”. Continue re...
Newcastle face Bournemouth on Saturday with the manager under increasing pressure at St James’ Park Eddie Howe has reason to believe that April really is the cruellest month. This time last year Newcastle’s manager was hospitalised with pneumonia and, 12 months later, he can barely switch on a radio or glance at a newspaper without receiving yet another reminder he is “under pressure”. Continue reading...
Insteel press release ( IIIN ): Q2 EPS of $0.27 may not be comparable to consensus of $0.64. Insteel’s second quarter results were unfavorably impacted by narrower spreads between selling prices and raw material costs, lower shipments and elevated unit manufacturing costs. Revenue of $172.65M (+7.5% Y/Y) misses by $5.58M . Net sales increased 7.5% to $172.7 million from $160.7 million in the prior...
Insteel press release ( IIIN ): Q2 EPS of $0.27 may not be comparable to consensus of $0.64. Insteel’s second quarter results were unfavorably impacted by narrower spreads between selling prices and raw material costs, lower shipments and elevated unit manufacturing costs. Revenue of $172.65M (+7.5% Y/Y) misses by $5.58M . Net sales increased 7.5% to $172.7 million from $160.7 million in the prior-year quarter, driven by a 14.2% increase in average selling prices, partially offset by a 5.9% decline in shipments. More on Insteel Insteel Industries Is Getting Close To An Upgrade Insteel Industries: Pricing Power Delivers Growth (Upgrade) Insteel Industries Inc. 2026 Q1 - Results - Earnings Call Presentation Quant snapshot: JinkoSolar, PNC Financial lead top-rated names as SL Green Realty, Badger Meter lag Seeking Alpha’s Quant Rating on Insteel
Lajst/iStock via Getty Images People should "try to drive less," a Chevron ( CVX ) executive told CBS News when asked how Americans can save money at the pump, as gas prices remain elevated due to the Iran war. "They should try to conserve energy," said Andy Walz, Chevron's ( CVX ) president of downstream, midstream and chemicals. "We should always be conserving energy, whether it's your light swi...
Lajst/iStock via Getty Images People should "try to drive less," a Chevron ( CVX ) executive told CBS News when asked how Americans can save money at the pump, as gas prices remain elevated due to the Iran war. "They should try to conserve energy," said Andy Walz, Chevron's ( CVX ) president of downstream, midstream and chemicals. "We should always be conserving energy, whether it's your light switch or the miles you drive or what kind of car you buy." "So I would encourage everybody to try to conserve, hang in there and hopefully prices will be coming down soon," he added. The oil shock caused by the blockade of the Strait of Hormuz pushed U.S. gas prices in April to their highest levels since 2022. The national average gas price is currently $4.078 per gallon, according to GasBuddy. Walz said there's probably no "silver bullet" to help bring down gas prices in the U.S. over the long term while oil prices remain high elsewhere in the world. "If this goes on for an extended period of time, it's probably going to get tougher," he warned. Walz pointed to other countries that rely heavily on Middle East crude. "They can't get it. They can't refine it. They can't make the products people need, and they're starting to run out." "We're worried about price here. There are other countries that don't have the products. And to me, that is a big worry," he added . More on Chevron Chevron: Growth Drivers Are In Sync With Valuation And Technicals Chevron: Prolonged Iran War A Catalyst Chevron to swap assets with Venezuela's PDVSA Chevron, Shell set to sign deals for oil and gas areas in Venezuela
The main market opportunities are in AI-native development platforms transforming software engineering. Organizations are urged to innovate with AI-augmented systems, autonomous agents, and bespoke applications. Key areas include hyper-agile engineering, AI-driven competitive advantages, and strategic risk management.Dublin, April 16, 2026 (GLOBE NEWSWIRE) -- The "AI Native Market by Technology, P...
The main market opportunities are in AI-native development platforms transforming software engineering. Organizations are urged to innovate with AI-augmented systems, autonomous agents, and bespoke applications. Key areas include hyper-agile engineering, AI-driven competitive advantages, and strategic risk management.Dublin, April 16, 2026 (GLOBE NEWSWIRE) -- The "AI Native Market by Technology, Platform, Development Environment, Pricing Model and Deployment 2026-2032" report has been added to R
Kraken Robotics press release ( KRKNF ): FY c onsolidated revenue of C$102.2 million compared to C$91.3 million in 2024. This annual revenue growth was driven by increased demand in Kraken’s SeaPower subsea batteries and SAS products, as well as strong results in the subsea services division, including the acquisition of 3D at Depth. This growth was partially offset by the decline in sonar-related...
Kraken Robotics press release ( KRKNF ): FY c onsolidated revenue of C$102.2 million compared to C$91.3 million in 2024. This annual revenue growth was driven by increased demand in Kraken’s SeaPower subsea batteries and SAS products, as well as strong results in the subsea services division, including the acquisition of 3D at Depth. This growth was partially offset by the decline in sonar-related product revenue due to the timing of KATFISH projects and the acquisition component of the Canadian Navy Remote Mine Disposal System (“RMDS”) integration project nearing its completion. Product revenue totaled C$61.7 million in 2025 compared to C$66.3 million in the prior year. EPS of C$0.01. More on Kraken Robotics Inc. Kraken Robotics: Iran War Signals That The Next Arms Race Is Underwater Kraken Robotics: Attractive Business, Challenging Valuation Kraken Robotics to buy Covelya Group for $615M, raise $350M Historical earnings data for Kraken Robotics Inc. Financial information for Kraken Robotics Inc.
Never miss an episode. Follow Foundering today. Nine days after Bob Lee was found stabbed in San Francisco, police arrested Nima Momeni for his murder. Desperate to quash the Doom Loop narrative, San Francisco officials insisted that Bob Lee was killed by someone he knew, a fellow tech executive. But the Cash App founder’s friends and family had never heard of Momeni. Two decades before standing a...
Never miss an episode. Follow Foundering today. Nine days after Bob Lee was found stabbed in San Francisco, police arrested Nima Momeni for his murder. Desperate to quash the Doom Loop narrative, San Francisco officials insisted that Bob Lee was killed by someone he knew, a fellow tech executive. But the Cash App founder’s friends and family had never heard of Momeni. Two decades before standing accused of killing Lee, Momeni arrived in the United States from Iran as a teenager, accompanied by his mother and his younger sister. They started with nothing, but built privileged lives, arguably obtaining the American Dream. But then a fateful meeting between Momeni and Lee would change both men's lives forever. Listen and follow Foundering on Apple Podcasts , Spotify or wherever you get your podcasts.
Bank of New York Mellon Corp. posted profit that beat analyst estimates as client activity fueled revenue gains during a busy quarter. First-quarter diluted earnings per share were $2.24, a 42% increase from a year earlier, according to a statement Thursday. That topped the $1.92 average estimate compiled by Bloomberg. BNY Chief Executive Officer Robin Vince , who took over in 2022, has been seeki...
Bank of New York Mellon Corp. posted profit that beat analyst estimates as client activity fueled revenue gains during a busy quarter. First-quarter diluted earnings per share were $2.24, a 42% increase from a year earlier, according to a statement Thursday. That topped the $1.92 average estimate compiled by Bloomberg. BNY Chief Executive Officer Robin Vince , who took over in 2022, has been seeking to reshape the custody bank, streamlining operations and tweaking its commercial model in a bid to bolster offerings for clients. Fee revenue increased 11% to $3.77 billion in the first quarter, driven by more activity from clients and new business. The bank was just tapped by the US Treasury Department to help manage the initial “Trump accounts” created for children as part of the One Big Beautiful Bill Act last year. Net interest income — the difference between what the bank earns on loans and pays for deposits — was up 18% to $1.37 billion. BNY said it had $59.4 trillion of assets under custody at the end of March, flat from the prior quarter. BNY has been seeking to make greater use of artificial intelligence, embedding it into the bank’s workflows and leaning more heavily on its AI platform, called Eliza. As Wall Street firms have reported earnings this week, banks have detailed how they’re seeking to use AI to increase efficiencies and modernize.
It wasn't long ago that Starbucks was energizing investors' portfolios. During the three-year stretch leading up to their all-time high in July 2021, shares of the coffeehouse chain soared 145%. This gain handily outperformed the S&P 500 index. But operational challenges have resulted in heightened volatility since then. This coffee stock trades 22% below its record (as of April 14). But there's o...
It wasn't long ago that Starbucks was energizing investors' portfolios. During the three-year stretch leading up to their all-time high in July 2021, shares of the coffeehouse chain soared 145%. This gain handily outperformed the S&P 500 index. But operational challenges have resulted in heightened volatility since then. This coffee stock trades 22% below its record (as of April 14). But there's one obvious way that it can beat the benchmark over the coming three years. Continue reading
Netflix Inc. ’s stock struggled through the winter as the company engaged in a bidding war for Warner Bros. Discovery Inc. But since ending the chase two months ago, the company has gotten back to basics, a strategy welcomed by investors and that’s expected to be validated when it reports earnings after the close. The streaming giant’s shares have soared 27% since late February, when Netflix aband...
Netflix Inc. ’s stock struggled through the winter as the company engaged in a bidding war for Warner Bros. Discovery Inc. But since ending the chase two months ago, the company has gotten back to basics, a strategy welcomed by investors and that’s expected to be validated when it reports earnings after the close. The streaming giant’s shares have soared 27% since late February, when Netflix abandoned its pursuit of Warner Bros. The stock is one of the top 10 performers in the S&P 500 Index over that stretch, trading at the highest since December but still roughly 20% below the record set last June. Meanwhile, Paramount Skydance Corp. is up about 4.4% since it won the Warner Bros. battle, and Warner is down 5.6%. “The end of the M&A overhang is a breath of fresh air for the stock and allows investors to focus on the key drivers of pricing, margins and revenue, all of which it should fare well on,” said Gerry Sparrow , who oversees about $120 million as chief investment officer of the Sparrow Growth Fund, which has Netflix among its five biggest holdings . Netflix’s interest in Warner Bros. weighed on the stock from the moment the company first made its bid in late November, with the shares falling 20% from Nov. 20 until it bowed out of the race on Feb. 26. Since then, investors have responded to what’s seen as the company’s strong fundamentals and enviable position in the current landscape, where it is unaffected by a number of market risks, from artificial intelligence to the war in Iran. “It looks like a safe haven against spiking gas prices, which makes it a good place to be in this environment,” Sparrow said. “Even if it is only hitting singles, those will add up. We think the stock could double over the next five years.” While Netflix’s past three earnings reports have led to negative reactions in the stock, Wall Street is optimistic about this first-quarter print, which is projected to show revenue and net income growth of more than 15% and steadily improving ...
Mark Mobius Anjali Sundara | CNBC Mark Mobius, widely credited as a pioneer in emerging markets investing, died on Wednesday at the age of 89, according to a statement on his LinkedIn page. Known as the "Indiana Jones of emerging markets" for his willingness to unlock new, sometimes hazardous jurisdictions, Mobius relished the challenge. "Volatility," he wrote in "Passport to Profits," one of his...
Mark Mobius Anjali Sundara | CNBC Mark Mobius, widely credited as a pioneer in emerging markets investing, died on Wednesday at the age of 89, according to a statement on his LinkedIn page. Known as the "Indiana Jones of emerging markets" for his willingness to unlock new, sometimes hazardous jurisdictions, Mobius relished the challenge. "Volatility," he wrote in "Passport to Profits," one of his many books, "is not an enemy to fear but a sign that opportunity is close at hand." The post did not mention a cause of death. Having invested in EMs for decades, Mobius was touting new opportunities as recently as January. On Venezuela, he wrote, "with (President Nicolas) Maduro's exit, we may see a new political and economic order and the country could be reopening to investors." His convictions shaped a generation of fund managers and helped draw billions of dollars into markets once dismissed as peripheral. His books — part travelogue, part tutorial — offered an unusually human view of global finance. In 2012's "The Little Book of Emerging Markets," he wrote that behind every balance sheet and stock ticker lies a community struggling to grow: "If you want to understand a market, start with its people." The line distilled his belief that on-the-ground observation mattered more than abstract theory. He recalled that it was during factory visits in Brazil, meetings with privatization officials in Poland, and conversations with shopkeepers in the Philippines that opportunities revealed themselves to him. As executive chairman of Templeton Emerging Markets Group, where he worked for over 30 years, Mobius traveled relentlessly, often visiting dozens of countries in a single year in search of undervalued businesses and underappreciated economies. He claimed to have visited at least 112 countries. He became, in effect, the public face of emerging-markets investing just as the asset class was taking shape. His calm manner and encyclopedic knowledge reassured Western i...