FRMO press release ( FRMO ): Q3 Non-GAAP EPS of $0.38. Revenue of $0.86M (-61.4% Y/Y). Consulting and advisory fees of $0.9 million for the third quarter of 2026, a decrease of 61% from 2025. Other income, net of $308.4 million for the third quarter of 2026, an increase of 481% from 2025. More on FRMO FRMO Corporation (FRMO) Q2 2026 Earnings Call Transcript Financial information for FRMO
FRMO press release ( FRMO ): Q3 Non-GAAP EPS of $0.38. Revenue of $0.86M (-61.4% Y/Y). Consulting and advisory fees of $0.9 million for the third quarter of 2026, a decrease of 61% from 2025. Other income, net of $308.4 million for the third quarter of 2026, an increase of 481% from 2025. More on FRMO FRMO Corporation (FRMO) Q2 2026 Earnings Call Transcript Financial information for FRMO
China’s biggest electric-vehicle battery-maker, Contemporary Amperex Technology Co. Ltd. , is planning to set up a new unit to ensure its supply-chain security and stability. The company said its board has approved a plan to set up a new unit with a registered capital of 30 billion yuan ($4.4 billion), according to a statement Wednesday. The business scope includes mineral resources exploration, m...
China’s biggest electric-vehicle battery-maker, Contemporary Amperex Technology Co. Ltd. , is planning to set up a new unit to ensure its supply-chain security and stability. The company said its board has approved a plan to set up a new unit with a registered capital of 30 billion yuan ($4.4 billion), according to a statement Wednesday. The business scope includes mineral resources exploration, metals processing, and sales of chemical products. The unit will serve as a management and operation platform in the new-energy mining sector, CATL said in the statement. It will integrate existing mining-related assets, and “actively” expand into domestic and international resource projects. Bloomberg News reported last week that CATL has also tapped the founder and ex-chairman of Zijin Mining Group Co. Ltd. as an advisor for its growing mining business, according to people familiar with the matter. In a separate statement Wednesday, CATL posted a 49% jump in net income in the first quarter to 20.7 billion yuan, beating analysts’ estimates. Revenue reached 129 billion yuan, up 52% from a year ago, the company said.
Scammer arrested after manipulating payment terminal to overcharge 1,000-fold in latest in spate of seaside cons A scammer has been arrested in Rio de Janeiro for selling a kebab to an unsuspecting British tourist for nearly £1,500 – the latest in a spate of brazen beachside swindles. The man was detained on Tuesday on Copacabana beach, just over the road from two of the region’s top hotels. He an...
Scammer arrested after manipulating payment terminal to overcharge 1,000-fold in latest in spate of seaside cons A scammer has been arrested in Rio de Janeiro for selling a kebab to an unsuspecting British tourist for nearly £1,500 – the latest in a spate of brazen beachside swindles. The man was detained on Tuesday on Copacabana beach, just over the road from two of the region’s top hotels. He and an accomplice allegedly manipulated a payment terminal to dramatically overcharge the foreigner for their meat skewer. The victim reportedly paid 10,000 reais (£1,480) for the meal rather than 10 (£1.50). Continue reading...
We just covered the 10 Best Stocks to Buy According to AI Bull Brad Gerstner. Microsoft Corporation (NASDAQ:MSFT) ranks #6 (see the 5 Best Stocks to Buy According to AI Bull Brad Gerstner). Altimeter Capital’s Stake: $617,752,974 MSFT bears believe the company’s business is under threat amid AI disruption. But some analysts think the company […]
We just covered the 10 Best Stocks to Buy According to AI Bull Brad Gerstner. Microsoft Corporation (NASDAQ:MSFT) ranks #6 (see the 5 Best Stocks to Buy According to AI Bull Brad Gerstner). Altimeter Capital’s Stake: $617,752,974 MSFT bears believe the company’s business is under threat amid AI disruption. But some analysts think the company […]
Hispanolistic | E+ | Getty Images This season, the IRS is smaller after staffing cuts from Elon Musk 's Department of Government Efficiency, or DOGE, and other 2025 reductions . As millions of filers race to meet the April 15 tax deadline , they may wonder if being picked for an IRS audit is now less likely amid the agency's trimmed workforce . As of Dec. 18, the IRS was about 27% smaller compared...
Hispanolistic | E+ | Getty Images This season, the IRS is smaller after staffing cuts from Elon Musk 's Department of Government Efficiency, or DOGE, and other 2025 reductions . As millions of filers race to meet the April 15 tax deadline , they may wonder if being picked for an IRS audit is now less likely amid the agency's trimmed workforce . As of Dec. 18, the IRS was about 27% smaller compared to the start of 2025, with the workforce falling from more than 102,000 in January 2025 to about 74,000 in December, according to the Taxpayer Advocate Service. That won't necessarily reduce your audit risk, experts say. There are "various ways" IRS enforcement touches taxpayers, such as automated math error notices , the agency's matching program for tax forms , exams by mail and in-person field audits, according to Eric Hylton, national director for tax consulting firm Alliantgroup. And certain issues can be "low-hanging fruit" for an audit, even with staffing cuts, said Hylton, who is also a former IRS commissioner for the agency's small business and self-employed division. Read more CNBC personal finance coverage IRS audit red flags remain despite agency budget cuts Why BLTs just got more expensive — tariffs, war send tomato prices soaring Trump accounts sign up more than 5 million kids: Treasury Market volatility can 'weigh heavily' on Gen Z, advisor says — how to cope More buyers pick 7-year car loans 'to make the numbers fit': expert Tariff refunds unlikely to benefit consumers, CNBC CFO Council survey finds Average tax refund is 11% higher, latest IRS filing data shows Social Security 2027 cost-of-living adjustment estimate rises with gas prices Here's the inflation breakdown for March 2026 — in one chart How 'married filing separately' status could affect Trump tax breaks this season Student loan forgiveness may be pricier to access after new changes Personal assistant pleads guilty to defrauding elderly couple out of $10 million Gas prices should soon start slowl...
War 'Very Close' To Over, Trump Says, As Iran Ceasefire Extension Reportedly Advances, But More US Troops Deploy Summary The Iran war is "very close to over" with authorities in Tehran eager to agree a peace deal , Trump says, adding: "We've beaten them militarily." AP/Bloomberg reporting the two sides have an "in principle agreement" to pursue further diplomacy; however, this is batted down as 'u...
War 'Very Close' To Over, Trump Says, As Iran Ceasefire Extension Reportedly Advances, But More US Troops Deploy Summary The Iran war is "very close to over" with authorities in Tehran eager to agree a peace deal , Trump says, adding: "We've beaten them militarily." AP/Bloomberg reporting the two sides have an "in principle agreement" to pursue further diplomacy; however, this is batted down as 'unconfirmed' by Tehran & a US official. The Pentagon is sending thousands of additional troops into the Middle East in coming days : WaPo Trump claims China "very happy" the US is permanently opening the Strait of Hormuz , also Xi told him Beijing was not sending weapons/defense items to Tehran. Significant Lebanon fighting continues : Israel issues more evacuation orders, moving into south; Tehran outraged, threatens Red Sea shipping . US x Iran permanent peace deal by April 30, 2026? Yes 33% · No 68% View full market & trade on Polymarket * * * 'Very Close' To War Over, Diplomacy in Reach: Trump The latest from Trump: The Iran war is "very close to over" with authorities in Tehran eager to agree a peace deal , President Trump claimed in a fresh interview broadcast Wednesday. "We’ve beaten them militarily, totally," Trump told Fox Business in a prerecorded interview. "I think it’s close to over, I view it as very close to over... If I pulled up stakes right now it would take them 20 years to rebuild that country, and we’re not finished." He added: "We’ll see what happens, I think they want to make a deal very badly." This as the Associated Press has reported the US and Iran are closer to extending a ceasefire and restarting negotiations, even amid the intensifying standoff over the Strait of Hormuz as the US Navy has blockaded it for all shipping leaving Iranian ports or with ties, or under sanction. The two sides have an "in principle agreement" to pursue further diplomacy after last weekend's failed Islamabad talks. Trump on Tuesday had optimistically cited that the next ...
Prediction: Micron Will Be a Trillion-Dollar Stock by 2030 Yahoo Finance Micron Technology: Still An Incredible Value, Even After Its 530% Run Seeking Alpha Micron Technology and Harley-Davidson have been highlighted as Zacks Bull and Bear of the Day Zacks Investment Research
Prediction: Micron Will Be a Trillion-Dollar Stock by 2030 Yahoo Finance Micron Technology: Still An Incredible Value, Even After Its 530% Run Seeking Alpha Micron Technology and Harley-Davidson have been highlighted as Zacks Bull and Bear of the Day Zacks Investment Research
JHVEPhoto Broadcom's ( AVGO ) deal with Meta Platforms ( META ) to provide the Facebook parent with help developing its artificial intelligence chips, known as Meta Training and Inference Accelerators, was praised by Wall Street, as analysts sounded increasingly confident about Broadcom's future. Broadcom shares rose more than 2% in premarket trading on Wednesday. “The Meta agreement includes an i...
JHVEPhoto Broadcom's ( AVGO ) deal with Meta Platforms ( META ) to provide the Facebook parent with help developing its artificial intelligence chips, known as Meta Training and Inference Accelerators, was praised by Wall Street, as analysts sounded increasingly confident about Broadcom's future. Broadcom shares rose more than 2% in premarket trading on Wednesday. “The Meta agreement includes an initial commitment exceeding 1GW of deployment in 2027, representing the first phase of a sustained, multi-gigawatt rollout over time,” J.P. Morgan analyst Harlan Sur wrote in a note to clients. “We expect the first gigawatt of MTIA deployment to occur in 2027, implying $12–$15B of revenue opportunity for Broadcom (including networking), and we believe this further reinforces our conviction that Broadcom can significantly exceed $120B+ of AI revenues in FY27.” Sur added that the multi-year nature of the deal is a sign that Broadcom will keep benefiting from the “accelerating shift” toward custom chip designs from hyperscalers as they seek to boost performance and efficiency and lower costs. Sur has an Overweight rating and a $500 price target on Broadcom. Under the deal, Broadcom will deliver technology supporting Meta Training and Inference Accelerator (MTIA) chips through 2029. The initial commitment is more than 1GW and is coming in 2027. Wells Fargo analyst Aaron Rakers said the deal “reaffirms” Broadcom's commentary when it reported its fiscal first-quarter results. “We see the announcement and initial commitment of >1GW as both expected and positive with a long roadmap and a multi-GW rollout,” Rakers posited. “The multi-GW roadmap and explicit commitment to use AVGO across design, packaging, and networking show Broadcom integrating deeper into the AI stack across the industry. Meta will begin deploying four new MTIA generations in two years. We continue to expect hyperscalers to leverage a multi-vendor accelerator strategy.” Rakers, who has an Overweight rating and $43...
Community Trust Bancorp press release ( CTBI ): Q1 GAAP EPS of $1.50 beats by $0.11 . Revenue of $74.2M (+12.2% Y/Y) beats by $1.2M . Net interest income for the quarter of $58.8 million was $0.7 million, or 1.1%, above prior quarter and $7.5 million, or 14.7%, above prior year same quarter, as our net interest margin increased 12 basis points from prior quarter and 22 basis points from prior year...
Community Trust Bancorp press release ( CTBI ): Q1 GAAP EPS of $1.50 beats by $0.11 . Revenue of $74.2M (+12.2% Y/Y) beats by $1.2M . Net interest income for the quarter of $58.8 million was $0.7 million, or 1.1%, above prior quarter and $7.5 million, or 14.7%, above prior year same quarter, as our net interest margin increased 12 basis points from prior quarter and 22 basis points from prior year same quarter. Provision for credit losses at $2.3 million for the quarter decreased $0.6 million from prior quarter and $1.3 million from prior year same quarter. More on Community Trust Bancorp Community Trust Bancorp: Better Asset Quality, Cheaper Valuation (Upgrade) Seeking Alpha’s Quant Rating on Community Trust Bancorp Historical earnings data for Community Trust Bancorp Dividend scorecard for Community Trust Bancorp Financial information for Community Trust Bancorp
The US and Iran are closer to extending a ceasefire and restarting negotiations about a longer team peace deal, the Associated Press reports. (Source: Bloomberg)
The US and Iran are closer to extending a ceasefire and restarting negotiations about a longer team peace deal, the Associated Press reports. (Source: Bloomberg)
(RTTNews) - Uber Technologies, Inc. (UBER) plans to spend more than $10 billion to buy thousands of self-driving cars and invest in the companies that make them, as per The Financial Times.
(RTTNews) - Uber Technologies, Inc. (UBER) plans to spend more than $10 billion to buy thousands of self-driving cars and invest in the companies that make them, as per The Financial Times.
Onex Corporation ( ONEX:CA ) on Wednesday said it has received approval from the Toronto Stock Exchange to renew its normal course issuer bid, allowing it to repurchase up to 6,388,348 subordinate voting shares, or about 10% of its public float. The buyback will begin on April 18, 2026 and run until April 17, 2027, with purchases to be made on the open market or through permitted private transacti...
Onex Corporation ( ONEX:CA ) on Wednesday said it has received approval from the Toronto Stock Exchange to renew its normal course issuer bid, allowing it to repurchase up to 6,388,348 subordinate voting shares, or about 10% of its public float. The buyback will begin on April 18, 2026 and run until April 17, 2027, with purchases to be made on the open market or through permitted private transactions, subject to regulatory limits. The company’s prior buyback program, launched in April 2025, allowed for the repurchase of up to 5,779,994 shares, of which about 1.3 million had been acquired as of March 31, 2026 at an average price of C$104.76 per share. Onex said the renewed program reflects its view that repurchasing shares at certain price levels offers an attractive risk-adjusted return for shareholders. ONEXF -0.08% after hours to $79.3389. Source: Press Release More on Onex Corporation Onex Corporation 2025 Q4 - Results - Earnings Call Presentation Onex Corporation (ONEX:CA) Q4 2025 Earnings Call Transcript Dividend scorecard for Onex Corporation Financial information for Onex Corporation
Niche chip equipment maker Aixtron SE is cementing its place as the new artificial intelligence darling of Europe’s stock market. Shares in the German company surged as much as 17%, to an almost 25-year high, after it raised full-year guidance, citing strength in the optoelectronics business. Aixtron makes tools for the production of compound semiconductors, which are used in AI infrastructure bec...
Niche chip equipment maker Aixtron SE is cementing its place as the new artificial intelligence darling of Europe’s stock market. Shares in the German company surged as much as 17%, to an almost 25-year high, after it raised full-year guidance, citing strength in the optoelectronics business. Aixtron makes tools for the production of compound semiconductors, which are used in AI infrastructure because they handle power more efficiently than traditional silicon chips. Investors have been getting more bullish on Aixtron for the past six months, betting that its specialist machines will become increasingly important as companies build out AI networks. Aixtron now expects full-year revenue to reach as much as €590 million ($695 million), up from its previous top-end forecast of €550 million, after “significantly stronger-than-expected” demand for its products in the first quarter. Read more: Niche Chip Stock Emerges as Europe’s Next Big AI Power Play “We have the tool of record for the next generation of photonic components, which are the basis for chip-to-chip, rack-to-rack and datacenter-to-datacenter communications in the AI era,” Aixtron Chief Executive Officer Felix Grawert said in a statement . The rally, which gives Aixtron a market capitalization of €4.6 billion, marks a big change from recent years, when the company’s exposure to industrial and automotive markets were seen as a weakness. The shares fell more than 60% in 2024 before starting to turn around last year with a 14% rally. The recent gains have left the shares trading at a forward price-earnings ratio above 50, double the five-year average. For some analysts, the multiple is now too high to recommend buying the stock. “We continue to believe that the stock’s demanding valuation already reflects much of the medium-term growth,” Deutsche Bank AG analyst Michael Kuhn wrote on Wednesday, maintaining a hold rating. Still, analysts remain largely positive. The stock has eight buy ratings, eight holds and tw...
Consumer discretionary stocks have taken a beating lately as tariff worries and uneven demand cloud the outlook for apparel and footwear giants. With China slowing and new trade costs biting into margins across the sector, retail investors have grown cautious about names that once seemed unstoppable. Nike (NYSE:NKE) stands out as a prime example. The ... Tim Cook and Nike CEO Drop $2.1 Million on ...
Consumer discretionary stocks have taken a beating lately as tariff worries and uneven demand cloud the outlook for apparel and footwear giants. With China slowing and new trade costs biting into margins across the sector, retail investors have grown cautious about names that once seemed unstoppable. Nike (NYSE:NKE) stands out as a prime example. The ... Tim Cook and Nike CEO Drop $2.1 Million on Shares — Bold Bet or Wishful Thinking?
Majid Saeedi/Getty Images News The U.S.-Israeli campaign against Iran has strengthened the very forces it aimed to weaken, accelerating the rise of hardline leaders and entrenching a more confrontational regime in Tehran, The Wall Street Journal reported late Tuesday. Rather than producing a more moderate government after the killing of senior officials including Supreme Leader Ali Khamenei, the c...
Majid Saeedi/Getty Images News The U.S.-Israeli campaign against Iran has strengthened the very forces it aimed to weaken, accelerating the rise of hardline leaders and entrenching a more confrontational regime in Tehran, The Wall Street Journal reported late Tuesday. Rather than producing a more moderate government after the killing of senior officials including Supreme Leader Ali Khamenei, the conflict has elevated a younger, more ideological leadership aligned with the Islamic Revolutionary Guard Corps. Analysts say the result is a political landscape dominated by figures less willing to compromise with the West. For investors, the shift toward a more hardline regime in Iran raises the risk of prolonged geopolitical instability with direct implications for global markets. A more confrontational leadership increases the likelihood of sustained conflict in the Middle East, potential disruptions to oil flows through the Strait of Hormuz and heightened volatility in energy prices. At the center of the hardliners is Mojtaba Khamenei, who emerged as a key power broker after surviving the strikes that killed his father. Though largely out of public view, he is backed by a network of security officials and loyalists who have long shaped Iran’s hardline direction. The war has emboldened these factions. Authorities have intensified domestic repression through arrests and executions while projecting strength abroad, including threats to disrupt oil flows through the Strait of Hormuz and launching attacks beyond Iran’s borders. New appointments underscore the shift. Senior roles have gone to figures with deep ties to militant operations, including commanders linked to past assassinations and international attacks. Their influence is evident in both military strategy and nuclear negotiations, where compromise appears increasingly unlikely. The ideological tone has also hardened. Elements within the leadership promote a messianic worldview rooted in Shiite doctrine, framing th...