Planet Labs, one of the world's leading commercial satellite imaging companies, said Friday it is placing a hold on releasing imagery of some parts of the Middle East as a regional war enters its second week. The company, which brands itself as Planet, operates a fleet of several hundred Earth-imaging satellites designed to record views of every landmass on Earth at least once per day. Its custome...
Planet Labs, one of the world's leading commercial satellite imaging companies, said Friday it is placing a hold on releasing imagery of some parts of the Middle East as a regional war enters its second week. The company, which brands itself as Planet, operates a fleet of several hundred Earth-imaging satellites designed to record views of every landmass on Earth at least once per day. Its customers include think tanks, NGOs, academic institutions, news media, and commercial users in the agriculture, forestry, and energy industries, among others. Planet also holds lucrative contracts selling overhead imagery to the US military and US government intelligence agencies. Read full article Comments
The S&P 500 (^GSPC 1.33%) fell 1.33% to 6,740.02, the Nasdaq Composite (^IXIC 1.59%) slid 1.59% to 22,387.68, and the Dow Jones Industrial Average (^DJI 0.95%) dropped 0.95% to 47,501.55 as a weak jobs report and surging oil reinforced risk-off sentiment. Market movers Energy stocks were rare gainers, with Diamondback Energy (FANG +0.95%) up about 0.84% as crude reached $91, while growth names lag...
The S&P 500 (^GSPC 1.33%) fell 1.33% to 6,740.02, the Nasdaq Composite (^IXIC 1.59%) slid 1.59% to 22,387.68, and the Dow Jones Industrial Average (^DJI 0.95%) dropped 0.95% to 47,501.55 as a weak jobs report and surging oil reinforced risk-off sentiment. Market movers Energy stocks were rare gainers, with Diamondback Energy (FANG +0.95%) up about 0.84% as crude reached $91, while growth names lagged; smaller-cap biotech Day One Biopharmaceuticals (DAWN +65.88%) bucked the sell-off on a buyout deal with independent international pharmaceutical group Servier. What this means for investors The day started on a down note after the Bureau of Labor Statistics reported that U.S. payrolls shrank by 92,000 and unemployment rose 10 basis points to 4.4% in February. At the same time, the ongoing conflict in the Middle East pushed oil over $90. That combination has investors concerned that an environment of stagflation may be upon us. That helped drive energy stocks higher, but most other equities were in negative territory. Oil experienced its largest weekly increase since 2020 due to concerns over potential disruptions near the Strait of Hormuz. While this development boosts producers, it is negatively impacting nearly every other sector in the S&P 500 as investors reevaluate the duration of sustained inflation. On the positive side, acquisition news today pushed Day One Biopharmaceuticals stock 66% higher. The biotech company focused on creating and marketing targeted therapies for individuals with life-threatening illnesses will be taken over for $21.50 per share in cash, amounting to a total equity value of around $2.5 billion.
Shares of Meta Platforms, Inc. (NASDAQ:META - Get Free Report) dropped 2.4% on Friday . The stock traded as low as $636.11 and last traded at $644.86. Approximately 13,007,778 shares changed hands during trading, a decline of 15% from the average daily volume of 15,348,577 shares. The stock had previously closed at $660.57. Get Meta Platforms alerts: Sign Up Trending Headlines about Meta Platforms...
Shares of Meta Platforms, Inc. (NASDAQ:META - Get Free Report) dropped 2.4% on Friday . The stock traded as low as $636.11 and last traded at $644.86. Approximately 13,007,778 shares changed hands during trading, a decline of 15% from the average daily volume of 15,348,577 shares. The stock had previously closed at $660.57. Get Meta Platforms alerts: Sign Up Trending Headlines about Meta Platforms Here are the key news stories impacting Meta Platforms this week: Analyst Upgrades and Downgrades A number of analysts have recently issued reports on the stock. UBS Group reiterated a "buy" rating and issued a $872.00 price objective (up from $830.00) on shares of Meta Platforms in a report on Thursday, January 29th. Arete Research restated a "neutral" rating on shares of Meta Platforms in a report on Thursday. Jefferies Financial Group lifted their price target on shares of Meta Platforms from $910.00 to $1,000.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. Weiss Ratings reissued a "buy (b)" rating on shares of Meta Platforms in a research report on Monday, December 29th. Finally, Sanford C. Bernstein restated an "outperform" rating and set a $900.00 price objective (up from $870.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, Meta Platforms currently has a consensus rating of "Moderate Buy" and an average price target of $844.44. Check Out Our Latest Stock Report on Meta Platforms Meta Platforms Trading Down 2.4% The company has a debt-to-equity ratio of 0.27, a current ratio of 2.60 and a quick ratio of 2.60. The business has a 50-day simple moving average of $655.36 and a two-hundred day simple moving average of $682.50. The stock has a market cap of $1.63 trillion, a price-to-earnings ratio of 27.44, ...
It says something about the motivation of travellers, for business or pleasure, that they are undeterred by geopolitical turbulence, even if it results in outbreaks of localised conflict that force a re-routing to safe flight corridors. But that reckons without conflict arising from a surprise attack that suddenly engulfs an entire region. The latest escalation of hostilities between Iran and its ...
It says something about the motivation of travellers, for business or pleasure, that they are undeterred by geopolitical turbulence, even if it results in outbreaks of localised conflict that force a re-routing to safe flight corridors. But that reckons without conflict arising from a surprise attack that suddenly engulfs an entire region. The latest escalation of hostilities between Iran and its American and Israeli adversaries, involving warplanes and warships, missiles, torpedoes and drones, has plunged Middle Eastern airspace into chaos. Thousands of flights have been grounded and passengers stranded across major aviation hubs. Airfares have been pushed higher as fuel prices surge and flights are diverted. Hong Kong, an international aviation hub, has been hit hard, as have its usually resilient travellers. The Immigration Department said that it had received inquiries from 730 Hongkongers stuck in the Middle East as of 5pm on Thursday, even as some 200 had left the region. Thankfully, the number of those stranded may be coming down, but hundreds are still grappling with cancelled bookings despite multiple attempts and a willingness to pay expensive fares. Advertisement Cathay Pacific Airways has cancelled all flights between the city and Dubai until March 14. The Hong Kong authorities are trying to reserve seats on weekend flights leaving Dubai, hopeful that carrier Emirates will operate direct flights to Hong Kong this weekend. A spokesman said the government is trying to reserve some seats on flights on Saturday and Sunday for residents with special needs. Anyone who has experienced flight cancellations for whatever reason, and the consequent delays and expensive re-routing, would empathise with the frustration of the stranded passengers. An IT worker from Hong Kong stuck in Dubai told of being prepared to pay HK$20,000-40,000 (US$2,558-5,115) for a first-class flight after five cancellations. A social media user said that after her Emirates flight was cancel...
Tesla (TSLA) closed at $396.73 in the latest trading session, marking a -2.17% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 1.33%. At the same time, the Dow lost 0.95%, and the tech-heavy Nasdaq lost 1.59%. Shares of the electric car maker have appreciated by 2.1% over the course of the past month, outperforming the Auto-Tires-Trucks sector's loss of 0.6...
Tesla (TSLA) closed at $396.73 in the latest trading session, marking a -2.17% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 1.33%. At the same time, the Dow lost 0.95%, and the tech-heavy Nasdaq lost 1.59%. Shares of the electric car maker have appreciated by 2.1% over the course of the past month, outperforming the Auto-Tires-Trucks sector's loss of 0.66%, and the S&P 500's gain of 0.58%. Investors will be eagerly watching for the performance of Tesla in its upcoming earnings disclosure. In that report, analysts expect Tesla to post earnings of $0.39 per share. This would mark year-over-year growth of 44.44%. Simultaneously, our latest consensus estimate expects the revenue to be $22.51 billion, showing a 16.43% escalation compared to the year-ago quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.08 per share and a revenue of $102.71 billion, indicating changes of +25.3% and +8.32%, respectively, from the former year. Investors should also pay attention to any latest changes in analyst estimates for Tesla. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 5.93% lower. Tesla is currently a Zacks Rank #4 (Sell). In the context of valuation, Te...
Bezel CEO & Co-Founder Quaid Walker discusses their new partnership with Kalshi designed to build contracts tied to watch prices. Walker hopes the partnership will lead to more accessibility for customers and lead to a more "vibrant and interesting' watch world. He talks with Romaine Bostick and Bailey Lipschultz on "The Close." (Source: Bloomberg)
Bezel CEO & Co-Founder Quaid Walker discusses their new partnership with Kalshi designed to build contracts tied to watch prices. Walker hopes the partnership will lead to more accessibility for customers and lead to a more "vibrant and interesting' watch world. He talks with Romaine Bostick and Bailey Lipschultz on "The Close." (Source: Bloomberg)
We’ve all become adjusted to a few of the mega-popular stocks involved in the broader AI trade, namely NVIDIA, Palantir, and Vertiv, to just name a small trio. But there are still several other companies that stand to benefit nicely from all the spending, including Photronics PLAB, and Teradyne TER. PLAB’s Critical AI Role Photronics, a current Zacks Rank #2 (Buy), is a global market leader in pho...
We’ve all become adjusted to a few of the mega-popular stocks involved in the broader AI trade, namely NVIDIA, Palantir, and Vertiv, to just name a small trio. But there are still several other companies that stand to benefit nicely from all the spending, including Photronics PLAB, and Teradyne TER. PLAB’s Critical AI Role Photronics, a current Zacks Rank #2 (Buy), is a global market leader in photomasks (stencils used to print tiny circuits onto semiconductor wafers) for lithographic imaging in semiconductor and flat panel display production. PLAB shares broke out near the end of February after some consolidation, but the strength didn’t last very long. While the failed breakout is certainly not what you want to see from a sentiment standpoint, the company still plays a critical role in the AI frenzy, particularly in the chip-making supply chain. Nonetheless, EPS revisions for its current fiscal year still remain highly positive, with a big positive revision hitting the tape near the end of Feb, as shown below. Zacks Investment Research Image Source: Zacks Investment Research PLAB’s latest release showed record-high-end (advanced chips) revenue, with noted strength in the United States. Importantly, as AI chips become more complex, PLAB’s top line is poised to benefit significantly given its critical role in the broader industry. The company’s CapEx has also grown significantly as it looks to expand its operations in the United States and South Korea, which will provide a solid growth runway as we wade deeper into the booming chip industry, fueled by the AI era. CapEx during its latest fiscal year totaled $188.1 million, compared with $131 million in FY24. Teradyne Shares Soar Teradyne manufactures equipment used by other companies to test chips. Unsurprisingly, the fastest-growing segment here is chips for AI data centers and accelerators, and more complex chips mean greater test demand, with AI chips among the most complex right now. Up 40%, the stock has enjoyed...
guvendemir/iStock via Getty Images Granite Ridge Resources, Inc. ( GRNT ) is projected to have a slight cash burn (before dividends) in 2026 at current strip prices. This cash burn may reach around $70 million if Granite Ridge maintains its quarterly dividend at $0.11 per share, though. While near-term oil prices (CL1:COM, CO1:COM) have soared, Granite Ridge also may have around 75% to 80% of its ...
guvendemir/iStock via Getty Images Granite Ridge Resources, Inc. ( GRNT ) is projected to have a slight cash burn (before dividends) in 2026 at current strip prices. This cash burn may reach around $70 million if Granite Ridge maintains its quarterly dividend at $0.11 per share, though. While near-term oil prices (CL1:COM, CO1:COM) have soared, Granite Ridge also may have around 75% to 80% of its Q2 2026 oil production hedged, so it needs a more sustained increase in oil prices for its free cash flow to really benefit. Granite Ridge is continuing to grow its production (with 9% year-over-year total production growth expected) for now but anticipates transitioning to free cash flow generation (along with reduced production growth) in 2027. I am slightly reducing my estimate of Granite Ridge's value from $7 per share to $6.50 per share due to its increasing debt in 2026 along with lease operating expenses that have been trending higher than expected. Granite Ridge's debt is manageable for now, but its dividend may be at risk if it doesn't start generating substantial free cash flow in 2027. Q4 2025 Results Granite Ridge reported 35,120 BOEPD in Q4 2025 production, which was a 10% increase compared to its Q3 2025 production. This slightly exceeded its expectations for high-single-digit quarter-over-quarter growth and allowed it to essentially meet its full-year guidance. Granite Ridge's oil cut ended up at 50% for 2025, slightly lower than its guidance for 51% to 53% oil. Granite Ridge's oil cut was 49% in Q4 2025. It notes that this was due to some Haynesville wells coming online towards the end of 2025 but believes its oil cut should increase slightly in 2026 based on the mix of wells coming online. Meanwhile, Granite Ridge's lease operating expenses averaged $7.27 per BOE in 2025, just above its guidance range of $6.25 to $7.25 per BOE. This included $7.72 per BOE in Q4 2025, which was still a reduction compared to the $8.03 per BOE it reported in Q3 2025. Granite R...
X is testing a new ad format that inserts a recommendation directly underneath a post that references the company or its products. The initial test, spotted by an X user in Europe, displayed a suggestion to “Get Starlink” beneath a post from a user that said Starlink’s satellite service works great in Portugal. The link, when clicked, directed users to Starlink’s website. X head of product Nikita ...
X is testing a new ad format that inserts a recommendation directly underneath a post that references the company or its products. The initial test, spotted by an X user in Europe, displayed a suggestion to “Get Starlink” beneath a post from a user that said Starlink’s satellite service works great in Portugal. The link, when clicked, directed users to Starlink’s website. X head of product Nikita Bier confirmed the test, responding, “Trying to make an ad product that isn’t an ad.” The Starlink ad is not visible to all users at this time, but the placeholder where the ad sits is. If you visit X user @levelsio’s post from March 6 (screenshotted below in case of deletion), you’ll see an outlined box beneath the text of his post. This box currently showcases a random X post, unless you’re in the market where the ad test is live. In places where the ad displays, several commenters noticed the new addition, with one asking, “lmao, did you add this Starlink button?” In the thread, Bier also responded to a suggestion that X should allow affiliate links in this ad slot by saying, “No, then people will lie. I want to trust recommendations on here.” Screenshot from X X could not be immediately reached for comment. TechCrunch will update the article if the company responds. The test follows news earlier this week that the company is rolling out “Paid Partnership” labels for creators. The labels can be applied to posts to comply with regulations around social media advertising, instead of requiring creators to use a hashtag like “ad” or “paid partnership.” If creators’ sponsored posts were to be combined with an embedded link to an advertiser like the one being tested, X could potentially attract more marketers to the platform. That could boost creators’ use of the app, allowing it to better compete against larger social networks favored by creators, like Instagram, YouTube, and TikTok. X has been chasing creator content for some time — even before it was called “X” and before i...
According to an SEC filing dated Feb. 17, 2026, Kettle Hill Capital Management reduced its position in LKQ (NASDAQ:LKQ) by 777,476 shares during the fourth quarter. The estimated transaction value for these sales was $23.45 million, calculated using the period's average share price. At quarter-end, the LKQ holding's value was $11.65 million, down $23.88 million from the prior quarter due to both t...
According to an SEC filing dated Feb. 17, 2026, Kettle Hill Capital Management reduced its position in LKQ (NASDAQ:LKQ) by 777,476 shares during the fourth quarter. The estimated transaction value for these sales was $23.45 million, calculated using the period's average share price. At quarter-end, the LKQ holding's value was $11.65 million, down $23.88 million from the prior quarter due to both trading and price movement. LKQ is a leading global distributor of automotive replacement parts, with operations spanning North America and Europe. The company leverages scale and a broad product portfolio to supply both new and recycled components for vehicle repair and maintenance. Down 26% year over year as of March 6, the 28-year-old company is currently going through a period of transition. It has been under pressure from activist investor Ananym Capital since October to sell parts of its business. In November, the company announced it had tapped Bank of America to help it sell its specialty parts division, Keystone Automotive Industries, to maximize shareholder value. The division could be worth roughly $1 billion, according to internal valuations. In January, Reuters reported LKQ’s board was exploring strategic options, including a potential sale of the company. And just this week, board director Patrick Berard notified the company that he will not seek re-election to the company's board of directors. Continue reading
Bad Faith Noncompliance: Virginia Schools Flout Supreme Court And Trump With DEI 'Rebrand' Authored by Teresa R. Manning via American Greatness , Just over a year ago, President Trump issued two executive orders banning destructive diversity ideology (a.k.a. “DEI” or “diversity, equity, and inclusion”) from the federal government and its contractors, including colleges and universities . The EOs s...
Bad Faith Noncompliance: Virginia Schools Flout Supreme Court And Trump With DEI 'Rebrand' Authored by Teresa R. Manning via American Greatness , Just over a year ago, President Trump issued two executive orders banning destructive diversity ideology (a.k.a. “DEI” or “diversity, equity, and inclusion”) from the federal government and its contractors, including colleges and universities . The EOs sought to restore merit as the basis of hiring, advancement, and college admissions. Both EOs reinforced prior actions by the president as well as by the Supreme Court: In his first term, Trump signed EO 13950 , Combatting Race and Sex Stereotypes, which banned divisive concepts based on race and ethnicity, a measure duplicated in many states ; and in June of 2023, the Supreme Court decided Students for Fair Admission v. Harvard (“SFFA”) , which found that diversity rationales for racial preferences in admissions were themselves discriminatory and therefore unlawful. Notwithstanding these major legal developments against DEI, colleges and universities, especially in Virginia, are continuing business as usual to promote it , albeit under different names, a move known as rebranding. “ To avoid scrutiny, ” said one official at the University of Virginia, diversity offices are now called offices for “community and belonging,” while “queer brunch” is now marketed as “cozy brunch.” At George Mason University, the DEI office is now called the Office for Access, Compliance, and Community— same staff, same stuff. They do this even though Trump’s EO explicitly banned rebranding, stating such programs are illegal “under whatever name they appear.” Obviously, bad actor schools are engaged in bad faith noncompliance. In this 250th anniversary year of America’s founding, we should remember that the word “diversity“ is absent from our foundational documents: it does not appear in either the Declaration of Independence or in our Constitution. How, then, did “diversity” become so ubiquitous—...
dardespot/iStock via Getty Images Investment Thesis AI is about to disrupt the core profit driver of auto dealerships, and the market is oblivious. Parts & Service (P&S) is the only growth engine for publicly traded auto dealers, representing ~45–50% of total gross profit despite less than 20% of revenue. The vast majority of P&S gross profit flows from Customer-Pay ( CP ) up-sell services — the h...
dardespot/iStock via Getty Images Investment Thesis AI is about to disrupt the core profit driver of auto dealerships, and the market is oblivious. Parts & Service (P&S) is the only growth engine for publicly traded auto dealers, representing ~45–50% of total gross profit despite less than 20% of revenue. The vast majority of P&S gross profit flows from Customer-Pay ( CP ) up-sell services — the highest-margin line in the entire business. Most of these up-sell services are premature or completely unnecessary, but the customer is unaware. LLMs like ChatGPT and Gemini are eroding the information asymmetry that enables this up-sell margin. Customers can now get real-time, expert-level guidance in the service waiting room. AutoNation ( AN ) is best-positioned as a short: highest P&S GP exposure, luxury-brand skew, and concentration in high-LLM-adoption metros. A 25% reduction in P&S gross profit — well within plausible range — would reduce enterprise EBITDA by ~35%. If you have ever sat in a dealership's service waiting room staring at an invoice 2-3x what you expected to pay, you already understand the core of this thesis. Service trips to a dealership have long been an exercise in suspended disbelief . You know the service advisor will recommend a list of items. You know some are unnecessary. The problem has always been that you don't know which ones . So you reluctantly approve most of them — and hold your breath for the bill. In the past few months, the author has personally purchased a low mileage used BMW, bought a warranty, and had a routine oil maintenance service. In each instance, the use of an LLM dramatically decreased what he paid the dealership. While he might have shaved a couple points off the car price and minimized the margin paid on the warranty, the impact of better information symmetry is best illustrated in the service department. At the first routine annual oil service, the salesperson presented him with a list of items they recommended at 20k mil...