US Core CPI Tumbles To Slowest In 4 Years (Before Iran-Triggered Oil Spike) While all attention is currently on Iran (and the energy impact of actions overseas), today's CPI (for February) should not be affected by the recent surge in WTI (but March's data definitely will be)... Source: Bloomberg Headline CPI rose 0.3% MoM (as expected), lifting prices by 2.4% YoY (unchanged from the prior month a...
US Core CPI Tumbles To Slowest In 4 Years (Before Iran-Triggered Oil Spike) While all attention is currently on Iran (and the energy impact of actions overseas), today's CPI (for February) should not be affected by the recent surge in WTI (but March's data definitely will be)... Source: Bloomberg Headline CPI rose 0.3% MoM (as expected), lifting prices by 2.4% YoY (unchanged from the prior month at the lowest since May 2025)... Source: Bloomberg The disinflation trend is still your friend as the terrors of tariff-flation remain non-evident, much to the disappointment of establishment economists. Core Services remain the biggest driver of CPI with Core Goods relatvely unmoved (and Energy starting to pick up)... CPI rose 0.3% MoM after rising 0.2% MoM in January, and in line with estimates. Over the last 12 months, CPI rose 2.4%, also in line with estimates and unchanged from January. The index for shelter rose 0.2 percent in February and was the largest factor in the all items monthly increase. The food index increased 0.4% over the month as did the food at home index, while the food away from home index rose 0.3% . The index for energy also increased in February, rising 0.6 percent. Core CPI also met expectations with a +0.2% MoM move, leaving prices up 2.45% YoY - the lowest since March 2021 Source: Bloomberg Core CPI Services are also the main driver of Core CPI (but are seeing significant disinflation)... Core CPI rose 0.2% MoM in February; Over the last 12 months, core CPI rose 2.5%, also in line with estimates and unchanged from January. Indexes that increased over the month include medical care, apparel, household furnishings and operations, airline fares, and education. Conversely, the indexes for communication, used cars and trucks, motor vehicle insurance, and personal care were among the major indexes that decreased in February. The energy index increased 0.5% for the 12 months ending February. The food index increased 3.1% over the last year. Some more de...
(RTTNews) - Uber Technologies, Inc. (UBER), the ride providing tech company, Wednesday announced a strategic partnership with Zoox, a tech company developing driverless vehicles, to deploy Zoox purpose-built robotaxis on Uber. The robotaxis are to be launched on the Uber network in Las Vegas starting this summer and in Los Angeles by mid-2027. After the deployment, Uber riders will have the opport...
(RTTNews) - Uber Technologies, Inc. (UBER), the ride providing tech company, Wednesday announced a strategic partnership with Zoox, a tech company developing driverless vehicles, to deploy Zoox purpose-built robotaxis on Uber. The robotaxis are to be launched on the Uber network in Las Vegas starting this summer and in Los Angeles by mid-2027. After the deployment, Uber riders will have the opportunity to be matched with a Zoox robotaxi on eligible trips. Further, Zoox will continue to offer its service on its app in both Las Vegas and Los Angeles. In pre-marker activity, UBER shares were trading at $74.93, up 3.57% on the New York Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Consistent with Google Cloud's commitment to openness, Wiz products will continue to work and be available across all major clouds, including Amazon Web Services, Google Cloud Platform, Microsoft Azure, and Oracle Cloud, and will be offered through an array of partner security solutions. Google Cloud will also continue to offer customers wide choice through a variety of partner security solutions ...
Consistent with Google Cloud's commitment to openness, Wiz products will continue to work and be available across all major clouds, including Amazon Web Services, Google Cloud Platform, Microsoft Azure, and Oracle Cloud, and will be offered through an array of partner security solutions. Google Cloud will also continue to offer customers wide choice through a variety of partner security solutions available in the Google Cloud Marketplace . The combined capability will also boost the adoption of multicloud security, enhancing companies' ability to use multiple clouds – further spurring innovation in cloud computing and AI applications. Enterprises and government agencies can vastly improve how security is designed, operated, and automated, scaling cybersecurity teams while lowering the cost of implementing and managing security controls. The combined platform will also help protect small businesses, which often do not have the expertise and resources to protect themselves, from increasingly sophisticated and destructive cyberthreats. Together, Google Cloud and Wiz will provide a unified security platform that improves the speed with which organizations can detect, prevent, and respond to threats. It will help them stay ahead of the curve by detecting emerging threats created using AI models, protecting against threats to AI models, and using AI models to help security professionals hunt for threats more effectively. The platform will also provide a consistent set of tools, processes, and policies across all major cloud environments at every layer, from code to cloud to runtime. Wiz delivers an easy-to-use security platform with deep expertise of cloud environments and code, connecting to all major clouds and helping prevent and respond to cybersecurity incidents. Its capabilities complement Google Cloud's leadership in cloud infrastructure and deep AI expertise, including AI-powered threat intelligence and security operations tools. This acquisition is an investment ...
Shares of Illumina ILMN have risen 44.8% over the past year, reflecting strong momentum. The stock has outpaced the industry’s 16.1% gain and the S&P 500 Composite’s 25.2% rise. Carrying a Zacks Rank #3 (Hold) at present, the renowned genomics company continues to demonstrate progress toward long-term growth pillars, which include growing the core sequencing business, scaling into multiomics and e...
Shares of Illumina ILMN have risen 44.8% over the past year, reflecting strong momentum. The stock has outpaced the industry’s 16.1% gain and the S&P 500 Composite’s 25.2% rise. Carrying a Zacks Rank #3 (Hold) at present, the renowned genomics company continues to demonstrate progress toward long-term growth pillars, which include growing the core sequencing business, scaling into multiomics and expanding services, data and software capabilities. Clinical momentum from the broader adoption of next-generation sequencing (NGS)-based testing continues to benefit the company. Margin expansion and a strong liquidity position are also encouraging. San Diego, CA-based Illumina provides sequencing and array-based solutions for genetic and genomic analysis, used across life sciences, oncology, reproductive health, agriculture and other emerging segments. Outside the United States, the company’s products are sold across other areas of North America, Latin America, Europe, China and the Asia-Pacific region. On June 24, 2024, Illumina had completed the spin-off of GRAIL, distributing approximately 85.5% of GRAIL’s outstanding common stock based on the June 13 record date while retaining nearly a 14.5% stake. What’s Behind Illumina’s Price Surge? The rally in the company’s share price can be linked to the strong execution across its strategic pillars toreturn to long-term growth. Illumina exited 2025 returning to growth, with ex-China revenues growing 7% in the fourth quarter. In its core sequencing business, anchored by NovaSeq X, clinical customers remain the primary growth driver. Growth is supported by the broader adoption of NGS-based testing and customers shifting to more data-intensive applications, such as transitions from whole exome to whole genome sequencing in oncology and genetic disease. Illumina’s fourth quarter also marked the second-highest quarterly placements of NovaSeq X since launching the platform in 2023. Image Source: Zacks Investment Research The company...
英伟达将向Nebius Group NV投资20亿美元，作为开发和建设人工智能数据中心战略合作伙伴关系的一部分。目前，这家全球市值最高的公司正继续向购买其芯片的企业投入资金。 总部位于阿姆斯特丹的Nebius周三在声明中表示，此次合作将帮助公司在2030年底前部署超过5吉瓦的英伟达系统。这一规模的电力大致足以为380万户家庭供电。 英伟达一直利用其雄厚的资源为人工智能基础设施扩张提供资金支持，而这...
Aave Oracle Glitch Causes $27M Liquidations: CAPO Misconfiguration Confirmed An oracle glitch on Aave wiped out $27 million, but Aave's risk manager Chaos Labs swooped in quick to head off the damage. A misconfigured Oracle system in Aave triggered $27 million in forced liquidations on March 10, undervaluing wrapped staked Ether by 2.85% against its actual market rate. According to the post-mortem...
Aave Oracle Glitch Causes $27M Liquidations: CAPO Misconfiguration Confirmed An oracle glitch on Aave wiped out $27 million, but Aave's risk manager Chaos Labs swooped in quick to head off the damage. A misconfigured Oracle system in Aave triggered $27 million in forced liquidations on March 10, undervaluing wrapped staked Ether by 2.85% against its actual market rate. According to the post-mortem by Chaos Labs, the CAPO oracle error caused Aave V3 Ethereum Core and Prime instances to apply an exchange rate of roughly 1.1939 wstETH-per-ETH when the live onchain rate was approximately 1.228, enough of a gap to push 34 high-leverage E-Mode positions below their liquidation thresholds automatically. It resulted in the liquidation of 10,938 wstETH. The protocol says it incurred no bad debt and is moving to compensate all affected users. The Damage: 34 Users, $27M in Liquidations, and 499 ETH in Bot Profits The oracle glitch liquidated 34 users, with the total volume reaching $27 million in wstETH positions. Liquidation bots moved quickly, capturing 499 ETH in bonuses, approximately $1.2 million, by executing against positions that should not have been eligible for liquidation at that moment. Aave founder and CEO Stani Kulechov confirmed in a Wednesday post that the protocol generated no bad debt from the incident. 1/ stETH CAPO Misconfiguration Today, a misconfiguration on Aave's CAPO oracle caused wstETH E-Mode liquidations, resulting in a loss of 345 ETH. No bad debt was incurred, and all affected users will be fully reimbursed. More below. — Omer Goldberg (@omeragoldberg) March 10, 2026 Of the 499 ETH that went to liquidators, Aave recaptured 141 ETH ($285,000) through BuilderNet refunds and an additional 13 ETH in liquidation fees. Those recovered funds will flow directly to affected users as compensation, with DAO treasury funds covering any remaining shortfall up to the full 345 ETH identified as the excess liquidation windfall. Lido contributors confirmed the eve...
(RTTNews) - A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased in line with economist estimates in the month of February. The Labor Department said its consumer price index climbed by 0.3 percent in February after rising by 0.2 percent in January. The growth matched expectations. Excluding food and energy prices, core consumer prices rose by 0.2 per...
(RTTNews) - A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased in line with economist estimates in the month of February. The Labor Department said its consumer price index climbed by 0.3 percent in February after rising by 0.2 percent in January. The growth matched expectations. Excluding food and energy prices, core consumer prices rose by 0.2 percent in February after increasing by 0.3 percent in January, which was also in line with estimates. The report also said the annual rates of growth by both consumer prices and core consumer prices were unchanged from the previous month at 2.4 percent and 2.5 percent, respectively. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Prices consumers pay for a broad range of goods and services rose in line with expectations for February, offering a final look at inflation pressures before an oil shock tied to the Iran war rattled the outlook. The consumer price index increased a seasonally adjusted 0.3% for the month, putting the 12-month inflation rate at 2.4%, according to Bureau of Labor Statistics data released Wednesday. ...
Prices consumers pay for a broad range of goods and services rose in line with expectations for February, offering a final look at inflation pressures before an oil shock tied to the Iran war rattled the outlook. The consumer price index increased a seasonally adjusted 0.3% for the month, putting the 12-month inflation rate at 2.4%, according to Bureau of Labor Statistics data released Wednesday. Both numbers matched the Dow Jones consensus forecast. Stripping out volatile food and energy prices, core CPI posted a 0.2% monthly reading and 2.5% annual rate, compared to forecasts for 0.2% and 2.5%, also in line with the estimates. The annual rates were unchanged from January, indicating that inflation was holding above the Federal Reserve's 2% target but not getting worse. While the report showed inflation broadly stable, prices rose modestly for shelter and services while several goods categories, including used vehicles and auto insurance, saw declines. This is breaking news. Please refresh for updates . Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Silvant Capital Management LLC increased its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 15.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,962 shares of the information services provider's stock after acquiring an additional 6,080 shares during the period. Silvant Capital Management LLC's holdings in Alphabet...
Silvant Capital Management LLC increased its stake in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 15.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,962 shares of the information services provider's stock after acquiring an additional 6,080 shares during the period. Silvant Capital Management LLC's holdings in Alphabet were worth $11,194,000 as of its most recent filing with the SEC. Other large investors have also recently bought and sold shares of the company. Tradewinds LLC. lifted its holdings in Alphabet by 2,134.8% during the 3rd quarter. Tradewinds LLC. now owns 45,098 shares of the information services provider's stock valued at $10,984,000 after purchasing an additional 43,080 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in shares of Alphabet by 31.3% in the third quarter. Atlantic Union Bankshares Corp now owns 354,529 shares of the information services provider's stock valued at $86,345,000 after purchasing an additional 84,553 shares during the period. Baltimore Washington Financial Advisors Inc. raised its position in shares of Alphabet by 0.9% in the third quarter. Baltimore Washington Financial Advisors Inc. now owns 221,391 shares of the information services provider's stock valued at $53,920,000 after purchasing an additional 2,009 shares during the period. CWA Asset Management Group LLC lifted its stake in shares of Alphabet by 2.2% during the 3rd quarter. CWA Asset Management Group LLC now owns 157,143 shares of the information services provider's stock worth $38,272,000 after buying an additional 3,444 shares during the last quarter. Finally, American National Bank of Texas acquired a new stake in shares of Alphabet during the 3rd quarter worth about $900,000. 27.26% of the stock is owned by institutional investors and hedge funds. Get Alphabet alerts: Sign Up Analyst Ratings Changes A number of brokerages recently commented on GO...
The consumer price index for February matched expectations thanks to fading housing inflation, but that may not reassure the Federal Reserve as a jump in oil prices poses a new risk to the outlook. S&P 500 futures dipped slightly after of the CPI inflation data, even with a strong earnings report from Oracle. Markets have already priced in a longer pause in Fed rate cuts.
The consumer price index for February matched expectations thanks to fading housing inflation, but that may not reassure the Federal Reserve as a jump in oil prices poses a new risk to the outlook. S&P 500 futures dipped slightly after of the CPI inflation data, even with a strong earnings report from Oracle. Markets have already priced in a longer pause in Fed rate cuts.
Asante Gold ( ASE:CA )has appointed Campbell Baird as Chief Operating Officer of the company, together with management and board changes as part of an ongoing leadership transition designed to support the company’s next phase of operational growth. Baird is a mining executive with more than 30 years of international operational and technical experience across exploration, development and productio...
Asante Gold ( ASE:CA )has appointed Campbell Baird as Chief Operating Officer of the company, together with management and board changes as part of an ongoing leadership transition designed to support the company’s next phase of operational growth. Baird is a mining executive with more than 30 years of international operational and technical experience across exploration, development and production environments, the company said. He has held senior executive and operational roles across Africa , Australia and North America and brings significant experience in operational improvement, project execution and technical leadership, it added. The company further announced that Dave Anthony will retire as director and president and CEO, effective May 15, 2026. ASGOF -1.06% after hours to $1.21. Source: Press Release More on Asante Gold Corporation Financial information for Asante Gold Corporation
Key Points Archer Aviation is attempting to build an air taxi service. The stock has been highly volatile, with deep drawdowns a fairly common experience. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR) makes an electric vertical lift aircraft called Midnight. The company is in the process of getting Midnight approved as an effective air taxi. It is an exciting concept...
Key Points Archer Aviation is attempting to build an air taxi service. The stock has been highly volatile, with deep drawdowns a fairly common experience. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR) makes an electric vertical lift aircraft called Midnight. The company is in the process of getting Midnight approved as an effective air taxi. It is an exciting concept and could create an entirely new market within the aerospace industry. But investors need to go into this stock with their eyes wide open. Here's what you need to know. About Archer Aviation's plunge Archer Aviation's stock hit an all-time high of just over $13 per share in late 2025. It has since lost around half of its value. Not a lot has changed about the business during this stock downturn, which highlights the fact that emotions and news flow are the key drivers of the stock price right now. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » In fact, deep drawdowns aren't new for this upstart aerospace business. The current drop isn't even the deepest one investors have suffered. At one point a few years ago, the stock lost over 80% of its value. This is hardly surprising given that the company is unprofitable and unlikely to become sustainably profitable for a while longer as it spends heavily to build its business. A rebound isn't out of the cards, but it would be a big move That said, Wall Street's emotions can swing quickly and dramatically. It is entirely possible that Archer Aviation's stock price could rebound toward its all-time highs when the company carries its first commercial customers. The hope is that this will take place in 2026 in Abu Dhabi. However, even that will just be one step in a much longer journey. So investors should probably tread with caution even if the stock rebounds in t...
Chevron (NYSE: CVX) and ExxonMobil (NYSE: XOM) are often compared to one another, and for good reason: They are two of the largest integrated energy companies in the world, and they are both based out of the United States. Right now, Exxon's stock has been outdistancing Chevron's shares. But over the long-term, dividend investors shouldn't lose faith in Chevron's future just because of one relativ...
Chevron (NYSE: CVX) and ExxonMobil (NYSE: XOM) are often compared to one another, and for good reason: They are two of the largest integrated energy companies in the world, and they are both based out of the United States. Right now, Exxon's stock has been outdistancing Chevron's shares. But over the long-term, dividend investors shouldn't lose faith in Chevron's future just because of one relatively short stretch of trouble. Chevron is falling behind Through the first five-and-half months or so of 2024, Exxon's stock price has increased by around 17%. Chevron's stock has risen less than half of that figure, at roughly 7%. Both stocks have been tracking Brent crude prices higher, but it is pretty clear that Exxon has been the bigger beneficiary of Wall Street's enthusiasm for the energy sector. One notable reason for that has virtually nothing to do with oil prices. Chevron is working to acquire smaller peer Hess (NYSE: HES). However, the deal has run into a big problem: Exxon. Hess and Exxon are partners on an important oil project. Exxon believes it has the right to buy Hess out of the project if Hess itself gets bought, but that would make buying Hess a lot less desirable for Chevron. This could drag the proposed deal out or, perhaps, even lead to the acquisition getting scuttled. Interestingly enough, Exxon just bought smaller peer Pioneer Natural Resources. That deal wasn't being contested by anyone and was consummated fairly quickly. The benefit of the acquisition is that Exxon has grown its resource base while Chevron is, basically, being stymied from doing the same thing with its own energy portfolio. Investors are likely worried that Chevron's production growth will fall behind that of its most relevant peer. The next year could be filled with headline risk for Chevron, and all of its efforts to buy Hess could, in the end, be for naught. Chevron's future isn't a one-year story That said, investors need to understand that Chevron doesn't really need Hess. It...
Groupon GRPN posted earnings of 17 cents per share for the fourth quarter of 2025, in line with the Zacks Consensus Estimate. The company had reported a loss of $1.2 per share in the year-ago quarter. Revenues of $132.71 million missed the Zacks Consensus Estimate by 3.25%. The figure increased 2% on a year-over-year basis (flat on an FX-neutral basis). The top-line growth was supported by continu...
Groupon GRPN posted earnings of 17 cents per share for the fourth quarter of 2025, in line with the Zacks Consensus Estimate. The company had reported a loss of $1.2 per share in the year-ago quarter. Revenues of $132.71 million missed the Zacks Consensus Estimate by 3.25%. The figure increased 2% on a year-over-year basis (flat on an FX-neutral basis). The top-line growth was supported by continued momentum in North America Local, partially offset by Enterprise channel deceleration and underperformance in organic and owned marketing channels Region-wise, North America’s revenues of $98.7 million missed the consensus mark by 6.58% and grew 2.1% year over year. International revenues of $34 million beat the consensus mark by 4.84% and increased 0.9% year over year (declined 6.3% on an FX-neutral basis) Gross billings totaled $446.5 million in the fourth quarter of 2025, reflecting a 4% year-over-year increase (up 2% on an FX-neutral basis). Groupon, Inc. Price, Consensus and EPS Surprise Groupon, Inc. price-consensus-eps-surprise-chart | Groupon, Inc. Quote GRPN’s Quarterly Details Local revenues of $124.5 million missed the Zacks Consensus Estimate by 3.14% and rose 4% year over year. North America Local revenues increased 4% year over year. International Local revenues grew 3.5% year over year (declined 3.7% on an FX-neutral basis). Excluding the Giftcloud divestiture and Italy, International Local revenues increased 9%. Consolidated Travel revenues of $3.76 million missed the consensus mark by 10.26% and declined 13.2% year over year. North America Travel revenues decreased 17.5% year over year. International Travel revenues decreased 5% in the reported quarter (declined 13.1% on an FX-neutral basis). On a consolidated basis, Goods revenues of $4.44 million beat the consensus mark by 4.01% and declined 27.3% year over year. North America Goods revenues declined 39.9%, and International Goods revenues decreased 17.8% year over year (24.7% excluding the foreign exch...
Campbell's Soup Company is a high-yielding stock in 2026, as its share price plunges into deep value territory. Analysts say reduce, but institutions accumulate
Campbell's Soup Company is a high-yielding stock in 2026, as its share price plunges into deep value territory. Analysts say reduce, but institutions accumulate
In this article NBIS NVDA Follow your favorite stocks CREATE FREE ACCOUNT Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographe...
In this article NBIS NVDA Follow your favorite stocks CREATE FREE ACCOUNT Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Shares of Nebius Group popped 10% on Wednesday after Nvidia announced it will invest $2 billion in the artificial intelligence cloud company. As part of the deal, the companies will collaborate on AI infrastructure deployment, fleet management, inference and AI factory design and support, according to a release . Nvidia said the investment reflects its confidence in Nebius' business and engineering expertise. "Nebius is building an AI cloud designed for the agentic era, fully integrated from silicon to software and powered by NVIDIA's next-generation accelerated compute," Nvidia CEO Jensen Huang said in a statement. "Together, we are scaling the cloud to meet the surging global demand for intelligence." The announcement comes a week after Nvidia unveiled strategic partnerships with Lumentum and Coherent , investing $2 billion in each company. Nvidia also announced a "significant investment" in Mira Murati's Thinking Machines Lab on Tuesday as part of a new multiyear strategic partnership. Nvidia contributed $30 billion to the $110 billion funding round that OpenAI announced late last month, and it said in November that it planned to invest up to $10 billion in Anthropic. Read more CNBC tech news How the Iran war and rising energy prices are threatening semiconductor demand Kevin Mandia sold his cybersecurity company to Google in 2022. He has a fresh $190 million for a new venture Musk's xAI wants to build a power plant in Mississippi. Regulators planned a key meeting on Election Day, 200 mile...