(RTTNews) - After a positive outing on Tuesday, German stocks are down in negative territory on Wednesday as selling resumed at several counters following oil prices climbing higher, rebounding from previous session's fall. Benchmark Brent crude futures moved up over 3% and WTI contracts surged more than 4% today as the fighting in Iran continued to rage on, with the U.S. and Israel exchanging air...
(RTTNews) - After a positive outing on Tuesday, German stocks are down in negative territory on Wednesday as selling resumed at several counters following oil prices climbing higher, rebounding from previous session's fall. Benchmark Brent crude futures moved up over 3% and WTI contracts surged more than 4% today as the fighting in Iran continued to rage on, with the U.S. and Israel exchanging air strikes with Iran across the Middle East. The benchmark DAX, which tumbled to 23,538.20 earlier in the day, was down 143.28 points or 0.6% at 23,792.04 a little while ago. Shares of defense equipment maker Rheinmetall AG are down 5.5% after the company's 2026 sales outlook fell short of estimates. The Rheinmetall Group's annual sales in 2026 is expected to grow by 40%-45% to 14.0 billion euros to 14.5 billion euros. Consumer goods and adhesives maker Henkel is down nearly 5% after reporting mixed fourth-quarter results. Siemens Energy, SAP, RWE and Vonovia are down 2%-2.5%. MTU Aero Engines, Deutsche Boerse, Siemens Deutsche Post and Heidelberg Materials are down 1.4%-1.7%. Symrise, Fresenius, Siemens Healthineers, Adidas, Zalando and Qiagen are also notably lower. Volkswagen is gaining nearly 1.5%, extending previous session's upmove. Brenntag and BMW are up 1% and 0.9%, respectively. BASF, Scout24 and Porsche Automobil Holding are up with modest gains. State-owned utility Uniper rallied more than 4% after reporting strong financial results for the fourth quarter of 2025. In economic news, Germany's consumer price index posted an annual growth of 1.9% in February, in line with the flash estimate, final data from Destatis showed. EU harmonized inflation softened slightly to 2% in February from 2.1% n January. Data showed that food prices moved up at a slower pace of 1.1% after climbing 2.1% in January. Meanwhile, energy prices dropped 1.9%, following a 1.7% decrease in January. Services prices were up 3.2% in February. Excluding food and energy, core inflation slowed to 2....
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford reports on Oracle’s big-spending effort to expand its cloud business to meet the needs of AI customers. Tech Across the Globe Apple’s build-out in India: The company increased iPhone production in India by more than 50% last year and now makes about a quarter o...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford reports on Oracle’s big-spending effort to expand its cloud business to meet the needs of AI customers. Tech Across the Globe Apple’s build-out in India: The company increased iPhone production in India by more than 50% last year and now makes about a quarter of its marquee devices in the country. TSMC’s sales: The go-to chip manufacturer for Nvidia and Apple reported a 30% jump in revenue during the first two months of 2026 — running slightly behind analysts’ lofty projections. Meta makes an AI deal: The social media company is buying Moltbook, an experimental site that has been described as Reddit for AI bots. Revalued Nexthop AI, which builds hardware and software for artificial intelligence data centers, raised $500 million in a funding round valuing the startup at $4.2 billion. Lightspeed Venture Partners led the investment, which included Andreessen Horowitz and existing backers Altimeter Capital and Kleiner Perkins. Nexthop, founded in 2024, enters a market against established tech companies such as Hewlett Packard Enterprise, Cisco and Arista Networks. Cash squeeze The entire tech industry is trying to figure out how to grapple with the massive costs of AI. For Oracle Corp. , the issue is particularly pressing. The company’s cash flow is expected to be negative for the next few years as it builds massive data centers for customers like OpenAI. In response, Larry Ellison ’s company is slashing expenses where it can and raising tens of billions through debt and equity. And on Tuesday, it unveiled a particularly novel strategy: Some cloud customers are going to pay for their own chips. This upends the traditional cloud business model that goes something like this: Providers shoulder costs to develop data centers and fill them with servers. Then they recoup, and hopefully profit, over a multiyear period as customers pay to re...
2025 Full Year Revenue of $180.5 Million, up 12% Year-over-Year; Adjusted EBITDA of $42.0 Million, up 23% Year-over-Year; Net Income of $20.2 Million, up 40% Year-over-Year Company Affirms 2026 Annual Guidance of $200 Million – $205 Million in Revenues and $50 Million – $53 Million of Adjusted EBITDA, Representing Double-Digit Organic Growth Generated $25.5 Million of Cash from Operations in 2025;...
2025 Full Year Revenue of $180.5 Million, up 12% Year-over-Year; Adjusted EBITDA of $42.0 Million, up 23% Year-over-Year; Net Income of $20.2 Million, up 40% Year-over-Year Company Affirms 2026 Annual Guidance of $200 Million – $205 Million in Revenues and $50 Million – $53 Million of Adjusted EBITDA, Representing Double-Digit Organic Growth Generated $25.5 Million of Cash from Operations in 2025; as of December 31, 2025 had $75.5 Million of Available Cash Company Aims to Secure New Business Development and M&A Transactions to Accelerate Profitable Growth Company Adopted an Annual Cash Dividend Policy and Declares Cash Dividend of $0.25 Per Share (Totaling Approximately $14.4 Million) Conference Call and Live Webcast Today at 8:30am ET REHOVOT, Israel, and HOBOKEN, N.J., March 11, 2026 (GLOBE NEWSWIRE) -- Kamada Ltd. (NASDAQ: KMDA; TASE: KMDA.TA), a global biopharmaceutical company with a portfolio of marketed products indicated for rare and serious conditions and a leader in the specialty plasma-derived field, today announced financial results for the three months and full-year ended December 31, 2025. “Our operational and financial performance in 2025 was excellent, with record total revenues of $180.5 million, representing a 12% year-over-year increase, and record adjusted EBITDA of $42.0 million, up 23% year-over-year,” said Amir London, Kamada’s Chief Executive Officer. “Results for the year were well within our 2025 annual guidance, and a testament to our ability to execute on our strategy and generate significant profitable growth through the diversity of our product portfolio. We also demonstrated our ability to convert profitability to operational cash flow, generating $25.5 million of cash from operating activities for the year, contributing to our strong cash position of $75.5 million at year-end 2025.” “We enter 2026 from a position of significant strength, continuing to benefit from growth across our commercial portfolio. Based on our positive outlook a...
Oracle is positioned for a robust price rebound and fresh all-time highs after a catalyzing report led analysts to upgrade ratings and increase price targets.
Oracle is positioned for a robust price rebound and fresh all-time highs after a catalyzing report led analysts to upgrade ratings and increase price targets.
Takato Ishida, the 36-year-old governor of Fukui, has sparked a fresh wave of online attention after new Instagram posts from his prefectural assembly revived the fascination that followed Ishida’s election earlier this year. Many of the reactions have focused less on policy than on Japan’s youngest sitting prefectural leader, with social media users repeatedly praising his appearance and describi...
Takato Ishida, the 36-year-old governor of Fukui, has sparked a fresh wave of online attention after new Instagram posts from his prefectural assembly revived the fascination that followed Ishida’s election earlier this year. Many of the reactions have focused less on policy than on Japan’s youngest sitting prefectural leader, with social media users repeatedly praising his appearance and describing him as unusually “handsome” for a politician. The attention first surged shortly after Ishida took office in January. Advertisement A greeting video posted on Instagram on February 1 drew more than 150,000 likes, with commenters flooding the post with admiring reactions. Among them were remarks such as “Fresh and appealing!” and “He’s so handsome I’m already in a mini panic,” according to comments highlighted by Japanese outlet J-CAST News.
OppFi press release ( OPFI ): Q4 Non-GAAP EPS of $0.30 beats by $0.02 . Revenue of $159.25M (+17.3% Y/Y) misses by $0.55M . Full-Year 2026 Guidance Total revenue of $650 million to $675 million, up 9% to 13% year over year vs $663.07M consensus Adjusted net income of $153 million to $160 million, up 9% to 14% year over year Adjusted EPS of $1.76 to $1.84 vs $1.74 consensus, up 11% to 16% year over...
OppFi press release ( OPFI ): Q4 Non-GAAP EPS of $0.30 beats by $0.02 . Revenue of $159.25M (+17.3% Y/Y) misses by $0.55M . Full-Year 2026 Guidance Total revenue of $650 million to $675 million, up 9% to 13% year over year vs $663.07M consensus Adjusted net income of $153 million to $160 million, up 9% to 14% year over year Adjusted EPS of $1.76 to $1.84 vs $1.74 consensus, up 11% to 16% year over year, based on an approximate weighted average diluted share count of 87 million Shares +5% PM. More on OppFi OppFi: Collapsing Multiple, Exploding Profits - Something Doesn't Add Up Steven Cress Reviews His Top 10 Stocks For 2025 OppFi Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on OppFi Historical earnings data for OppFi
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: Bumpy ride: Oil volatility continues as the IEA eyes its largest release of oil reserves , while this U.S. official's deleted tweet fuels uncertainty . AI boom: Oracle ( ORCL ) shares are soaring after the IT giant...
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: Bumpy ride: Oil volatility continues as the IEA eyes its largest release of oil reserves , while this U.S. official's deleted tweet fuels uncertainty . AI boom: Oracle ( ORCL ) shares are soaring after the IT giant posted stellar results and raised its 2027 outlook on the back of AI strength . Partner support: Microsoft ( MSFT ) backed Anthropic ( ANTHRO ) in its legal fight over the Pentagon's blacklisting of the AI startup. Price check Inflation will take center stage on Wall Street today, as the Consumer Price Index report for February will be released this morning. While oil's rally because of the Iran war has been dominating headlines, it's not expected to show a significant impact on February's inflation print. What to expect: Economists on average expect February CPI to increase 0.3% over the prior month, compared to January's 0.2% rise. On a year-over-year basis, CPI is seen advancing 2.4% — matching January's rate. Core CPI, which excludes volatile food and energy prices, is expected to rise 0.2% M/M and 2.5% Y/Y. "Underlying inflation pressures revealed by today's data should be benign," said UBS' Paul Donovan. "The near 27% increase in gasoline prices from January lows will not register in today's data, but consumers will notice soaring prices for selected grocery items." February's CPI data "could point to lingering upward pressure from tariffs on goods prices," ING economists said. Spring pickup: Prediction markets show that participants are largely aligned with economist projections for February CPI, with bets favoring 2.4% Y/Y and 0.3% M/M. But bets for March signal expectations of CPI picking up pace to 2.8% Y/Y, as a result of oil's rally driven by the U.S.-Israel-Iran war. CPI readings will likely see upward pressure this spring due to the Gulf oil shock, according ...
Beijing could gain a strategic edge in the Taiwan Strait as US military assets are diverted to the Middle East, even though it remains committed to peaceful reunification with the island, a prominent mainland expert on the Taiwan issue said on Tuesday. Li Yihu, dean of the Taiwan Research Institute at Peking University and a delegate to China’s National People’s Congress , said Washington’s involv...
Beijing could gain a strategic edge in the Taiwan Strait as US military assets are diverted to the Middle East, even though it remains committed to peaceful reunification with the island, a prominent mainland expert on the Taiwan issue said on Tuesday. Li Yihu, dean of the Taiwan Research Institute at Peking University and a delegate to China’s National People’s Congress , said Washington’s involvement in multiple conflicts, including the ongoing war in Iran , was straining its armed forces and diminishing its military presence in Asia. Referring to the recent redeployment of parts of the US THAAD anti-missile system and Patriot missile defence batteries from South Korea to the Middle East, Li said the diversion would significantly affect US deployments in East Asia. South Korea may see US missiles move to Middle East South Korea may see US missiles move to Middle East “Any weakening of its presence in the Asia-Pacific will inevitably work to someone’s advantage – and you can imagine who that is,” Li said. Advertisement With advances in area-denial capabilities in the Taiwan Strait, Beijing stands to benefit if US military deployments are eroded in the region, according to Li. The Israeli-American military campaign in Iran has entered its 12th day, with Iran growing more defiant in the face of United States and Israeli pressure, and electing Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, as its new supreme leader this week. Advertisement Meanwhile, concerns are rising that a prolonged conflict would change the posture of US forces in regions where deterring other powers is critical. The relocation of the US defence system has raised alarm.
A warning by a senior US official that the Trump administration would not repeat with India the “mistakes” it made in its past dealings with China signals that Washington would not allow New Delhi’s rise to come at the expense of its strategic interests. Speaking at a conference on international politics and economics in Delhi on Friday, Deputy Secretary of State Christopher Landau said the US wan...
A warning by a senior US official that the Trump administration would not repeat with India the “mistakes” it made in its past dealings with China signals that Washington would not allow New Delhi’s rise to come at the expense of its strategic interests. Speaking at a conference on international politics and economics in Delhi on Friday, Deputy Secretary of State Christopher Landau said the US wanted to work with India to unlock its “limitless potential”. But he added at the Raisina Dialogue: “We are not going to make the same mistakes with India that we made with China 20 years ago.” Advertisement Landau’s comments indicate that while the US may pursue a closer trade relationship with India, it could implement wide-ranging curbs on the bilateral cooperation, according to analysts. Such a view also reflects common perceptions in Washington that the US has helped fuel China’s integration into the global economy without sufficient safeguards, consequently creating a powerful rival. Advertisement As such, the US may impose restrictions on market access, technology transfer and economic concessions on India to prevent a repeat of China’s ascendancy, analysts say.
Competitive balance across Europe’s leagues would be transformed with the adoption of a new model for distributing revenue from the Champions League and other Uefa club competitions, according to a proposal by the Union of European Clubs (UEC). Clubs competing in the Champions League, Europa League and Conference League benefit this season from a bumper €3.317bn (£2.87bn) prize pot, culled from an...
Competitive balance across Europe’s leagues would be transformed with the adoption of a new model for distributing revenue from the Champions League and other Uefa club competitions, according to a proposal by the Union of European Clubs (UEC). Clubs competing in the Champions League, Europa League and Conference League benefit this season from a bumper €3.317bn (£2.87bn) prize pot, culled from annual €4.4bn revenue primarily generated by media rights sales. Only €308m of the latter figure is divided among clubs who did not reach those competitions, in the form of solidarity payments. Under the plan drawn up by UEC about €2bn of the prize money would be distributed among all top- and professional second-tier clubs in Europe, dramatically increasing the amount handed to those beyond the elite. As it stands 74% of Uefa’s pot is sent to Champions League clubs, with 17% given to the Europa League and 9% to the Conference League. The plan put forward by UEC would narrow the split to 50%-30%-20%, with that money pooled proportionately into the domestic leagues of those qualifying rather than to the clubs themselves. Top-flight clubs would receive 85% of the money in those pools, divided equally, while 15% would be shared among those in the divisions below. Clubs competing in Europe would still take a share, as well as continuing to receive their allocation of roughly €1.3bn of “performance fee” money spread between those in Uefa club competitions. This is considered crucial in ensuring that success on the pitch remains well rewarded. The proposal in essence removes Uefa’s “value pillar” – which accounts for 35% of prize money and is based on the value of a country’s media market as well as historical performance – and absorbs it into the €2bn sum, which is not contingent on either. Uefa hopes for a 10% increase in media rights value for the 2027-2031 cycle, which is out to tender in 19 markets. Paramount has won the rights to screen the Champions League in the UK and Germ...
I’m arriving at the social media party so late that the lights are on and the floor is being swept. As a result, I’ve only recently learned that if you look at anything for two seconds, it teaches your algorithm that this is all you want to see. A cheerful dog was the gateway drug. Now, I am accidentally on Death Instagram. It is not very LOL. The lengthy caption on Fido’s joyful, tail-waggy photo...
I’m arriving at the social media party so late that the lights are on and the floor is being swept. As a result, I’ve only recently learned that if you look at anything for two seconds, it teaches your algorithm that this is all you want to see. A cheerful dog was the gateway drug. Now, I am accidentally on Death Instagram. It is not very LOL. The lengthy caption on Fido’s joyful, tail-waggy photo unfortunately revealed that he’d just crossed the rainbow bridge. This information was not delivered succinctly, though, meaning I lingered long enough to inform Mark Zuckerberg that this was very much my jam. Photos of happy couples began to pop up, people I didn’t know or even recognise, which made me curious as to why I was being shown them. Again and again, like a lab rat in an experiment failing to cotton on despite the electric shocks, I read the accompanying words, only to discover one of them was announcing the sad passing of the other. Fast forward to today and my feed is wall-to-wall bereaved (and Harry Styles, whom I have never been more grateful for, promoting his new album Kiss All the Time. Disco, Occasionally). It’s my own fault, because I keep falling for it – seeing a smiley picture, hoping it’s good news this time, but – d’oh! – no, it’s not, again and again. Maybe this constant reminder that life can be cruel and brief makes some people appreciate their lot and ultimately proves uplifting. Not me. I’m in a constant, confusing state of mourning for animals and humans I’ve never met and devastated for the sad strangers left behind. Some research suggests social media can make you depressed, but I was not expecting this to be the delivery method. Maybe the answer is right under my nose. From now on: Scroll All the Time. Click, Occasionally. Polly Hudson is a freelance writer
Most mountains take tens of millions of years to form. Toronto’s newest mountain took just days. Towering atop the crowns of evergreens, it has no skeleton of limestone or granite. There are no spires, cornices or headwalls. It is simply piles upon piles of snow, mixed with a toxic cocktail of road salt, antifreeze, oil, coffee cups and lost keys. It is the final resting place for the forces of na...
Most mountains take tens of millions of years to form. Toronto’s newest mountain took just days. Towering atop the crowns of evergreens, it has no skeleton of limestone or granite. There are no spires, cornices or headwalls. It is simply piles upon piles of snow, mixed with a toxic cocktail of road salt, antifreeze, oil, coffee cups and lost keys. It is the final resting place for the forces of nature that have battered the city in recent weeks – and a daunting environmental hazard. In late January, Toronto was hit with what many experts said was the heaviest single day of snowfall in the city’s history. In some spots, nearly 23in fell, driven in part by a collision of weather systems. The city had already removed 264,000 tonnes of snow from 1,100 km (680 miles) of roads, sidewalks and bike lanes by mid-February. A similar storm hit New York City at the end of February with more than 25in of snow piling up in some regions, part of a two-day storm with hurricane-like winds. Major cities that experience the full brunt of winter have long been forced to confront a reality that snow cannot stay on streets or sidewalks. The solution is to truck the snow – sometimes for weeks on end – to storage facilities along the urban outskirts. Toronto’s six resulting snow mountains are scattered throughout the city. Most are secret, to deter illegal dumping. One site, however, in the north-western outskirts of the city, is most visible to drivers travelling along the highway. It can hold 144,000 cubic metres of snow on its two acres. Reaching nearly 100ft – the height of a 10-storey building – it resembles an Italian marble quarry, with yellow excavators moving in unison against the ashy snow. Plumes of steam rise from industry melters – contraptions roughly the size and shape of a shipping container which slowly reduce the size of the mountain over time. The site operators pull long shifts: during particularly nasty storms, the machinery works 24 hours a day, seven days a week. Vie...
Danny Dyer is giving it loads, but this still feels like a contrived and finally very heavy-handed and theatrical solo piece featuring a twist ending you’ll see coming a mile away. Dyer plays Jimmy Banks, a brash, fast-talking cockney football agent, who – in moods good and bad – is always breaking out a certain monosyllable best described as blunt, or an affront, generally prefaced by “that …” or...
Danny Dyer is giving it loads, but this still feels like a contrived and finally very heavy-handed and theatrical solo piece featuring a twist ending you’ll see coming a mile away. Dyer plays Jimmy Banks, a brash, fast-talking cockney football agent, who – in moods good and bad – is always breaking out a certain monosyllable best described as blunt, or an affront, generally prefaced by “that …” or “you …” He’s got the Bluetooth in, cutting megadeals all day on the phone in his office with a toxic mix of ersatz charm and genuine menace, while fending off existential threats to his dodgy livelihood; wheeling, dealing and reeling. Jerry Maguire he ain’t. Jimmy is on the verge of landing a colossal new payday for one superstar client, who is currently waiting for a jury to return their verdict on his rape charge. The club won’t sign if that goes the wrong way and Jimmy’s got all sorts of other grief: his ex-wife is unhappy about the house she received as part of the divorce settlement, he’s forgotten his daughter’s birthday, his lawyer is giving him verbals, and he’s getting sinister threatening calls from someone whose voice is on some kind of “Darth Vader” distort. And what if his boy really is guilty? Jimmy is starting to think the best place for him in that case is under the bus, while he pursues alternative options, brutally exploiting his daughter’s friendship with another up-and-coming football star to get this young man’s mobile number and pour all sorts of honeyed Mephistophelean promises in his ear. And that Darth Vader character keeps calling back. Dyer certainly cranks up the energy levels and he’s the right casting, but the film is very predictable and the initial flashes of satirical fun and mischief give way to solemn lachrymose tragedy.
Words options trading written on a book by Vitalii Vodolazskyi via Shutterstock Intel Corp (INTC) stock broke above the 50-day moving average on Monday and is showing positive accumulation on the breakout. One bad thing about INTC stock is that it currently doesn't pay a dividend. But what if we could use options to manufacture our own dividend? Does INTC Pay a Dividend? Let's say I have $4,500 to...
Words options trading written on a book by Vitalii Vodolazskyi via Shutterstock Intel Corp (INTC) stock broke above the 50-day moving average on Monday and is showing positive accumulation on the breakout. One bad thing about INTC stock is that it currently doesn't pay a dividend. But what if we could use options to manufacture our own dividend? Does INTC Pay a Dividend? Let's say I have $4,500 to invest into INTC stock, I could simply buy 100 shares and hope the stock rises. But, if I want a more conservative play, I could sell a March 19, 2027 put with a strike price of $45 and set aside the $4,500 in case I am assigned on the short put. That $45-strike put generates around $885 in option premium in around twelve months. So, my $4,500 investment into INTC is giving me a 23.9% annualized "dividend". Risks of the Trade: Much like owning INTC shares, if the stock drops, I'm going to lose money in the short-term. If INTC is below $45 in March next year, then I will be forced to buy 100 shares at $45. The breakeven price is equal to the strike price less the premium received, which in this case would be $36.15, which is a 22.72% discount on the current stock price. So if INTC is below $36.15, at expiration the trade loses money. But, if INTC stays above $45 then I achieve a 24% per annum return when the put expires worthless. Cash secured puts are a bullish strategy but are considered slightly less bullish than owning INTC stock because the potential gains are limited to the premium received. The second risk with the trade is that if INTC stock goes on a huge rally, we miss out on any upside. The most we can make is the $885 from the option premium. Greeks and Equivalent Exposure Level The $45-strike put currently has a delta of 34, so selling this put gives an exposure roughly equivalent to owning 34 shares of INTC stock, although this will change as the stock moves up and down. It also means the put has a roughly 66% chance of expiring worthless. One method which can...
A prospective buyer and a real estate agent look through a window in a bedroom during an open house at a home in Seattle, Washington, US, on Sunday, Jan. 18, 2026. David Ryder | Bloomberg | Getty Images Much like the news from the ongoing war in Iran, interest rates have been all over the map. That caused a split in demand for mortgages last week, with refinancing coming down and homebuyer demand ...
A prospective buyer and a real estate agent look through a window in a bedroom during an open house at a home in Seattle, Washington, US, on Sunday, Jan. 18, 2026. David Ryder | Bloomberg | Getty Images Much like the news from the ongoing war in Iran, interest rates have been all over the map. That caused a split in demand for mortgages last week, with refinancing coming down and homebuyer demand rising with the kickoff of the spring market. Total mortgage application volume rose 3.2% for the week, according to the Mortgage Bankers Association's seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $832,750 or less, increased to 6.19% from 6.09%, with points increasing to 0.58 from 0.52, including the origination fee, for loans with a 20% down payment. "Financial markets were volatile last week amid the ongoing turmoil in the Middle East," said Mike Fratantoni, MBA's chief economist in a release. "Borrowers in recent weeks were able to get 30-year conforming rates below 6 percent, but with the current volatility, longer-term rates have moved up." Applications to refinance a home loan rose just 0.5% from the previous week and were 81% higher than the same week one year ago. The seasonally adjusted Purchase Index increased 7.8% for the week and were 11% higher than the same week one year ago. With the winter weather in much of the country finally moderating, buyers are starting to come out, but prices are still high, prompting some to seek lower down payment loans. Get Property Play directly to your inbox CNBC's Property Play with Diana Olick covers new and evolving opportunities for the real estate investor, delivered weekly to your inbox. Subscribe here to get access today . "Purchase activity increased last week, particularly for FHA loans, which moved up more than 11 percent," added Fratantoni. "More inventory on the market is supporting more transactions." While there is more inventory, it is...
watch now VIDEO 4:42 04:42 The risks of the Iran war to the global auto industry Autos The auto industry keeps getting hit by supply constraints at a time when it is making some of the biggest transitions in its more than century-long history. The war in Iran could be just the latest of those issues. Though the region is not a major maker of automotive parts, it does produce key resources such as ...
watch now VIDEO 4:42 04:42 The risks of the Iran war to the global auto industry Autos The auto industry keeps getting hit by supply constraints at a time when it is making some of the biggest transitions in its more than century-long history. The war in Iran could be just the latest of those issues. Though the region is not a major maker of automotive parts, it does produce key resources such as oil and aluminum. About 20% of the world's oil travels through the Strait of Hormuz , according to the U.S. Energy Information Administration, a major shipping artery that is bordered on two sides by Iran and Oman. Oil prices surged above $100 a barrel on Monday with concerns about supply as the war continues. Drivers are already paying more at the pump. Gas in Iowa, for example, is now above $3 per gallon, according to GasBuddy analyst Patrick De Haan. That's still a ways from the peak prices hit in 2022, De Haan said. But there have been two 12 cent increases nationwide in the past two weeks. That's two of the largest single day increases going back to 2005 in terms of nominal increase in cents per gallon , according to GasBuddy. "I think it's the pace of the increases this week that's really catching Americans off guard, and that might be making them feel a little bit nauseous about the prospect of driving, getting out, road trips," De Haan said. Diesel and jet fuel prices are rising as well, which puts pressure on shipping and freight, he added. High oil prices stand to drive up the cost of petrochemicals, which is what plastics are made of. Some estimate that about 30% of the parts on a car are plastic. "It's not just raw crude coming out [of the Strait]," said Dan Hearsch, managing director at AlixPartners. "There's a lot of refining capacity. So ethylene, propylene, a lot of the aromatics, also ship out of that region. Those are not ports that are well connected over land. So it's kind of by ship or by not." That region is also a large producer of aluminum, particula...
U.S. Sen. Markwayne Mullin (R-Okla.), tapped by U.S. President Donald Trump to replace U.S. Homeland Security Secretary Kristi Noem, holds a rubber ball while speaking to members of the media as he departs the U.S. Capitol after a vote in the U.S. Senate on funding for DHS, in Washington, D.C., U.S., March 5, 2026. Nathan Howard | Reuters Sen. Markwayne Mullin does not sit on any committees with d...
U.S. Sen. Markwayne Mullin (R-Okla.), tapped by U.S. President Donald Trump to replace U.S. Homeland Security Secretary Kristi Noem, holds a rubber ball while speaking to members of the media as he departs the U.S. Capitol after a vote in the U.S. Senate on funding for DHS, in Washington, D.C., U.S., March 5, 2026. Nathan Howard | Reuters Sen. Markwayne Mullin does not sit on any committees with direct authority over immigration or the Department of Homeland Security . But his record on the issues the high-profile agency handles signals that he will bring a hardline approach to his new role atop the department. In recent months, Mullin, an Oklahoma Republican who President Donald Trump nominated last week to take the reins at DHS , has waded into the controversial waters of the White House 's immigration policies. Trump announced Mullin as his pick concurrently with saying Kristi Noem would exit the position, becoming the first cabinet secretary of the president's second term to leave. He called Alex Pretti, the ICU nurse killed by federal immigration agents earlier this year, a " deranged individual ." He co-sponsored legislation after the killing of Renee Good at the hands of an Immigration and Customs Enforcement agent that would increase penalties against people who resist or assault law enforcement officers with vehicles. And he has expressed skepticism about birthright citizenship , a constitutional right that Trump has tried to end . "I think he's no-nonsense," Lora Ries, director of the Border Security and Immigration Center at the Heritage Foundation , said in an interview. "It's going to be about the mission for him. It won't be about himself." Read more CNBC politics coverage White House: ‘The U.S. Navy has not escorted a tanker or a vessel at this time’ Iran war: Israel’s president Herzog calls ‘cost’ for business the price for Middle East peace ‘Forever war’: Democrats rebut Trump’s assertion that Iran war nearing end Nomination hearings for Mullin are ...
When Dina, a software developer based in New York, joined Amazon two years ago, her job was to write code. Now, it’s mostly fixing what artificial intelligence breaks. The internal AI tool she’s expected to use, called Kiro, frequently hallucinates and generates flawed code, she says. Then she has to dig through and correct the sloppy code it creates, or just revert all changes and start again. Sh...
When Dina, a software developer based in New York, joined Amazon two years ago, her job was to write code. Now, it’s mostly fixing what artificial intelligence breaks. The internal AI tool she’s expected to use, called Kiro, frequently hallucinates and generates flawed code, she says. Then she has to dig through and correct the sloppy code it creates, or just revert all changes and start again. She says it feels like “trying to AI my way out of a problem that AI caused”. “I and many of my colleagues don’t feel that it actually makes us that much faster,” Dina said. “But from management, we are certainly getting messaging that we have to go faster, this will make us go faster, and that speed is the number one priority.” Just days after speaking to the Guardian, Dina was laid off. Lisa, a supply chain engineer who has worked at Amazon for over a decade, says that AI tools at work have been helpful to her only in about one in every three attempts. And even then, she often finds issues and has to consult with colleagues to verify and correct their results, which takes up more time than if she’s done the task without AI. She doesn’t take issue with the AI tools themselves, but rather the company’s logic in pushing all employees to use them daily. “You don’t look at the problem and go, ‘How do I use this hammer I have?’ she said. “You look at it and go, ‘Is this a problem for a hammer or something else?’” More than a half a dozen current and former Amazon corporate employees, in roles ranging from software engineer to user experience researcher to data analyst, told the Guardian that Amazon is pressing employees to integrate AI across all aspects of their work, even though these workers say this push is hurting productivity. They say Amazon is rolling out AI use in a haphazard way while also tracking their AI use, and they’re worried the company is essentially using them to train their eventual bot replacements. All of this, they said, is demoralizing. The Guardian grante...
New details are leading experts to fear that an “unethical” vaccine trial in Guinea-Bissau is the “prototype” for studies under Robert F Kennedy Jr, secretary of the US department of health and human services (HHS) and longtime vaccine critic. At the center of US vaccine policy is an unlikely set of Danish researchers whose work on the health effects of vaccines has been called into question. The ...
New details are leading experts to fear that an “unethical” vaccine trial in Guinea-Bissau is the “prototype” for studies under Robert F Kennedy Jr, secretary of the US department of health and human services (HHS) and longtime vaccine critic. At the center of US vaccine policy is an unlikely set of Danish researchers whose work on the health effects of vaccines has been called into question. The study in Guinea-Bissau would have looked at the overall health effects of giving hepatitis B vaccines by only vaccinating half of the newborns in the study at birth despite an 18% prevalence rate in adults of the illness, which can lead to serious and sometimes fatal health consequences. Stand Up for Science, a science and health nonprofit in the US, sent an investigator to Guinea-Bissau to look at public records and interview experts. The organization met with members of Congress on 19 February to share these results in an unreleased report, obtained by the Guardian, that raises concerns about how deeply the Bandim Health Project is enmeshed in public health in Guinea-Bissau and the challenges to conducting ethical research in this setting – with immense repercussions for how US research will be carried out under Kennedy. “We are fearful that this is a prototype for other studies,” said Colette Delawalla, founder of Stand Up for Science. The US could fund global studies with the similar ethical concerns as the Tuskegee experiment five or 10 or 100 times a year, she said. “It could be extraordinarily deadly.” Stand Up for Science held nationwide rallies on Saturday to protest moves like these. Danish researchers behind the now-suspended hepatitis B vaccine trial have run Bandim in Guinea-Bissau for 48 years, but they are now facing new questions about their previous work – most recently, a study published in Vaccine detailing several instances where the researchers appeared to conduct studies and then release partial results or none at all. The group has deep ties with the ...
J. Michael Jones/iStock Editorial via Getty Images I never enjoy being bearish about a company. But unfortunately, bearishness is sometimes required. You have to be objective as an investor and analyst, or else you will only sabotage yourself in the long run. So even though I was unhappy to do so, I did end up reaffirming AptarGroup ( ATR ) as a 'sell' candidate when I wrote about it last in April...
J. Michael Jones/iStock Editorial via Getty Images I never enjoy being bearish about a company. But unfortunately, bearishness is sometimes required. You have to be objective as an investor and analyst, or else you will only sabotage yourself in the long run. So even though I was unhappy to do so, I did end up reaffirming AptarGroup ( ATR ) as a 'sell' candidate when I wrote about it last in April of 2025. The stock looked expensive compared to other similar businesses. Even though I was optimistic about the long-term picture, it was not cheap enough on either an absolute basis or relative to other similar firms to avoid a bearish assessment. Since then, the stock has continued to underperform the market, inching up only 2.9% while the S&P 500 is up 29.7%. And since I originally rated it a 'sell' in December of the previous year, the stock is down 16.5%. Over the same window of time, the market is up 14.9%. Looking at the data today, I see a company that is growing on the top line. Recent bottom-line performance, however, has been decidedly mixed. On an absolute basis, I wouldn't say that shares are expensive. But compared to other similar enterprises, the stock is still near the pricier end of the spectrum. I wouldn't go so far as to upgrade it to a 'hold' just yet. But I would say that it's getting closer to an upgrade as time goes on. For now, however, I believe that reaffirming it as a soft 'sell' candidate is the right choice. Almost Ready for an Upgrade Author - SEC EDGAR Data Right now, the newest data that investors have regarding AptarGroup covers through the final quarter of the company's 2025 fiscal year . On the top line, the business did exceptionally well. Revenue of $962.7 million ended up being 13.5% above the $848.1 million the company reported a year earlier. But on the bottom line, the picture for the business could have been better. Net profits dropped from $100.9 million to $74.3 million. On an adjusted basis, the decline was from $110.1 million...
niphon/iStock via Getty Images Gold miners are generating record margins and free cash flow as prices remain elevated. With disciplined capital allocation and costs below $2,000 per ounce, the sector appears well positioned for 2026. How Sustained High Gold Prices Are Shifting Valuations Investors continue to ask whether gold prices can rise further from here. We believe that remains likely. We li...
niphon/iStock via Getty Images Gold miners are generating record margins and free cash flow as prices remain elevated. With disciplined capital allocation and costs below $2,000 per ounce, the sector appears well positioned for 2026. How Sustained High Gold Prices Are Shifting Valuations Investors continue to ask whether gold prices can rise further from here. We believe that remains likely. We live in a world where a new gold catalyst seems to emerge every month. Market participants, many still watching from the sidelines, have observed gold’s relentless rally over the past couple of years and now appear increasingly convinced that these record prices are here to stay. Even without upward revisions to gold price forecasts, this shift in perception has meaningful implications for gold miners. As confidence builds that gold can remain at elevated levels, the market progressively embeds higher long-term gold price assumptions into equity valuations. This durability of record or near-record margins and cash flow generation, even if the gold price holds at current levels, is a central driver of our conviction in gold mining equities for 2026. Gold Miner Margins, Costs and the Math Behind the Opportunity In a flat gold price environment, margin erosion would need to come from rising production costs. Companies have provided 2026 all-in sustaining cost (AISC) guidance that, so far, aligns with our expectation of roughly a 10–12% increase versus 2025. The gold price closed at $5,278.93 per ounce on February 27, up $384.69 per ounce or 7.86% for the month, and $959.60 per ounce or 22.22% year to date. The math remains compelling: margins have already expanded year over year, and with estimated average industry AISC below $2,000 per ounce, the sector demonstrates substantial resilience at current price levels. These strong fundamentals support our view that gold mining equities are well positioned to outperform the metal again in 2026. The stocks demonstrated strong outperfo...
BURLINGTON, Mass., March 11, 2026 (GLOBE NEWSWIRE) -- Minerva Neurosciences, Inc. (Nasdaq: NERV), a clinical-stage biopharmaceutical company focused on the development of therapies to treat central nervous system (CNS) disorders, today provided business updates and reported financial results for the fourth quarter and year ended December 31, 2025. Business Updates Strategic Financing On October 23...
BURLINGTON, Mass., March 11, 2026 (GLOBE NEWSWIRE) -- Minerva Neurosciences, Inc. (Nasdaq: NERV), a clinical-stage biopharmaceutical company focused on the development of therapies to treat central nervous system (CNS) disorders, today provided business updates and reported financial results for the fourth quarter and year ended December 31, 2025. Business Updates Strategic Financing On October 23, 2025, Minerva received $80.0 million in gross proceeds from a private placement, before deducting fees and other expenses. The financing included initial upfront funding of $80.0 million and up to an additional $80.0 million if all Tranche A warrants are exercised, subject to the terms and conditions specified therein. Additional proceeds of $40.0 million may be received if all Tranche B warrants are exercised by cash payment upon the achievement of the primary endpoint of Minerva’s Phase 3 confirmatory trial of roluperidone in schizophrenia at the 12-week efficacy endpoint expected in 2H 2027. “Strengthened by the recent financing and our general alignment with the U.S. Food and Drug Administration (“FDA”) on trial design, we are working towards initiation of the confirmatory Phase 3 trial with roluperidone for the treatment of negative symptoms of schizophrenia in the second quarter,” said Dr. Remy Luthringer, Chairman and CEO of Minerva Neurosciences. “With the $80 million upfront proceeds and the exercise proceeds from the Tranche A warrants, we anticipate sufficient funds to complete the Phase 3 trial and resubmission of the New Drug Application (“NDA”) ahead of the launch of roluperidone in the United States, if approved.” Roluperidone - Potentially the First Treatment for Negative Symptoms of Schizophrenia Roluperidone is the only investigational therapy, to date, to demonstrate significant and clinically meaningful improvements on the primary negative symptoms of schizophrenia. Minerva has achieved general alignment with FDA on the confirmatory Phase 3 trial desig...