Welcome to CFO Briefing, a newsletter dedicated to corporate finance and what leaders need to know. This week, the CFO of a Canadian fertilizer company tells us how the war in Iran is affecting raw material prices. But first, can anything stop the high-grade debt market? Chaos rises, credit holds With the war in Iran sending oil prices soaring and tech giants loading up on debt, it can seem like a...
Welcome to CFO Briefing, a newsletter dedicated to corporate finance and what leaders need to know. This week, the CFO of a Canadian fertilizer company tells us how the war in Iran is affecting raw material prices. But first, can anything stop the high-grade debt market? Chaos rises, credit holds With the war in Iran sending oil prices soaring and tech giants loading up on debt, it can seem like a scary time for companies to borrow. Jaguar Land Rover Plc pulled a potential US bond sale on Monday, citing “ongoing market volatility.” Yet outside the most turbulent days, debt markets have functioned smoothly, pushing high-grade issuance toward record levels. (Jaguar is right on the cusp, with a BBB- rating from Standard & Poor’s and a Ba1 grade from Moody’s Investors Service.) “Any day there’s a little bit of stability, companies come,” says Brij Khurana , a portfolio manager at Wellington Management Co. By historical standards, capital is still extremely cheap for blue-chip borrowers. Spreads on high-grade bonds were 88 basis points above Treasuries on Friday — just 17 basis points from the record high they hit in late January — with demand holding strong. “If a company has a financing need, I would think about going sooner rather than later,” says Brian Wong , a portfolio manager at Capital Group. That’s because borrowing costs are likely to rise along with renewed inflation concerns. Brent crude surpassed $112 a barrel on Friday, deepening fears of a ripple effect across the global economy. And more jumbo bond offerings such as Amazon.com Inc.’s $54 billion raise this month have the potential to crowd out other issuers. Read More: Bond Market’s Big 2026 Fed Bet Flipped on Its Head by Oil Surge Bracing for a prolonged oil shock, Wong says he’ll favor companies with less exposure to energy prices or higher hedge ratios. Khurana says he’ll focus on companies that can pass rising costs on to customers. In Asia, meanwhile, Aberdeen Investments is favoring debt from utili...
asbe/iStock via Getty Images The outlook for the S&P500 ( SPY ) keeps getting worse. Last week not only saw an escalation in the Iran war, with energy infrastructures targeted by both sides, but there was also a coordinated hawkish shift by central banks. Rate cuts from the Fed look unlikely this year, while the ECB and BoE are gearing up for hikes. Technically, the S&P500 broke the daily 200SMA a...
asbe/iStock via Getty Images The outlook for the S&P500 ( SPY ) keeps getting worse. Last week not only saw an escalation in the Iran war, with energy infrastructures targeted by both sides, but there was also a coordinated hawkish shift by central banks. Rate cuts from the Fed look unlikely this year, while the ECB and BoE are gearing up for hikes. Technically, the S&P500 broke the daily 200SMA and even broke the November lows during Friday's collapse. While the situation looks bearish, I am reminded of the saying, It's always darkest before dawn. The situation could improve very quickly - all it would take is an announcement from Trump or Iran. Meanwhile, the S&P500 is nearing the weekly 50SMA with a mature exhaustion signal, as outlined in last weekend's article. This article looks at why it may be time to buy and what to expect if the market bounces. S&P500 Monthly Next week is the last week of a tumultuous March, and it would take a significant rally to close above the February low of 6775 and "save" the bar from a bearish formation. Failing to do so would not bode well for April, at least initially, but April is typically a bullish month and ranks second in performance for the S&P500, so we may well get a reversal like we did last year. SPX Monthly (Tradingview) Support at the October/November lows of 6522-50 is being tested. Below there, 6147-200 is a major area of interest at the breakout level. The 20SMA is at 6233. Resistance is 6775 and 7002. A DeMARK exhaustion count completed in February and is having an effect. This signal has led to a drop of at least 10% on the last 3 occasions. SPX Weekly Another week, another bearish bar, with the third consecutive close near the lows of the weekly range. That means there is no evidence of a reversal, even though good support was reached at the November low of 6522. However, the November low was just one level, and other technical supports are coming into alignment - it's always best to see a "confluence" of severa...
Let's be honest: Most of us probably wish we were in a position to retire immediately, or at least early. But that can feel impossible if you're struggling to save for retirement. While it's true that some people will have to wait until their late 60s or beyond to retire, it might be easier to retire early than you expected. Here's a closer look at when people usually quit the workforce and how yo...
Let's be honest: Most of us probably wish we were in a position to retire immediately, or at least early. But that can feel impossible if you're struggling to save for retirement. While it's true that some people will have to wait until their late 60s or beyond to retire, it might be easier to retire early than you expected. Here's a closer look at when people usually quit the workforce and how you can beat the average. The average retirement age for men and women The typical retirement age has held fairly steady over the last decade. The average man retires at 65, according to 2024 data from the Center for Retirement Research at Boston College, while the average woman retires at 63. So retiring early is technically retiring under these ages. That makes it more common than you might imagine. Many people quit their jobs in their early 60s. But it might not be what you think of when you envision early retirement. Some people think of this as retiring in your 50s or earlier. This does happen, but it's less common, and it often requires careful planning. You have to save a substantial amount during your working years, and you also need a plan for how you'll access your savings freely. You'll usually pay a 10% early withdrawal penalty for taking money out of your retirement accounts before age 59 1/2. There are a few exceptions, though. You can take substantially equal periodic payments (SEPPs) or withdraw only your Roth IRA contributions in those early years. You've paid taxes on this money already, so you can withdraw it tax-free at any time. What to do if you want to retire early If you want to retire early, the first step is to develop a game plan. Figure out when you want to retire and roughly how long you expect your retirement will last. Then, calculate how much you need to save for retirement. Next, choose the right retirement accounts for you. For example, if you plan to retire in your late 50s, you may want to build up your 401(k). These accounts have a special...
Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the best forever stocks to buy now. On March 18, Advanced Micro Devices Inc. (NASDAQ:AMD) entered into a memorandum of understanding with Samsung Electronics. The two are deepening their ties on memory chip supplies for artificial intelligence infrastructure. In addition, they are exploring a potential foundry partnership. Advanced Micro Devices I...
Advanced Micro Devices Inc. (NASDAQ:AMD) is one of the best forever stocks to buy now. On March 18, Advanced Micro Devices Inc. (NASDAQ:AMD) entered into a memorandum of understanding with Samsung Electronics. The two are deepening their ties on memory chip supplies for artificial intelligence infrastructure. In addition, they are exploring a potential foundry partnership. Advanced Micro Devices Inc. (AMD) Deepens Ties with Samsung on Memory Chip Supplies and Foundry The strategic partnership centers on the supply of Samsung’s next-generation high-bandwidth memory for AMD’s upcoming Instinct MI455X AI accelerators. It also focuses on optimizing DDR5 memory for AMD’s sixth-generation EPYC processors. The pact centers on advancing AI computing. AMD CEO Lisa Su is on a tour in South Korea as she eyes critical supplies for high-bandwidth memory used in AI chipsets. The company is in a race against time to capitalize on the growing demand for chips to power data centers and AI systems. It hopes to secure long-term supply agreements as AI-driven workloads reshape the semiconductor space. Advanced Micro Devices Inc. (NASDAQ:AMD) is a leading global semiconductor company that designs and markets high-performance computing, graphics, and visualization technologies. Key products include CPUs, GPUs, AI accelerators, and embedded processors for PCs, data centers, gaming consoles, and automotive markets. While we acknowledge the potential of AMD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Follow Insider Monkey on Google News.
The Securities and Exchange Commission has closed its investigation into electric vehicle startup Faraday Future, despite SEC staff on the case recommending an enforcement action last year, TechCrunch has learned. Four sources familiar with the investigation, who were granted anonymity to speak about the government case, told TechCrunch that the SEC informed the company and people involved in the ...
The Securities and Exchange Commission has closed its investigation into electric vehicle startup Faraday Future, despite SEC staff on the case recommending an enforcement action last year, TechCrunch has learned. Four sources familiar with the investigation, who were granted anonymity to speak about the government case, told TechCrunch that the SEC informed the company and people involved in the probe about the closure this past week. The dismissal of the case comes amid a historic drop in enforcement actions by the SEC, which only initiated four cases against publicly-traded companies in its 2025 fiscal year, a recent report shows. The SEC did not respond to an after-hours request for comment. The investigation into Faraday Future lasted for nearly four years. The SEC was looking at whether the EV startup made “false and misleading statements” when it went public in a 2021 merger with a special purpose acquisition company (SPAC), and was also probing whether Faraday Future faked the sales of its first electric vehicles in 2023 — a claim that’s been made by at least three former employee whistleblowers. The financial regulator sent the startup multiple subpoenas, regulatory filings from Faraday Future show. The SEC also took depositions of multiple former employees and executives in 2024 and 2025, three of the people familiar with the case have told TechCrunch. In July 2025, Faraday Future revealed the SEC had sent the company and multiple executives — including founder Jia Yueting — letters known as “Wells Notices.” The SEC sends Wells Notices when staff working a case have decided to recommend the agency take enforcement action. It’s not clear if Faraday Future ever responded to the Wells Notices sent last year. As recently as February, the company disclosed in regulatory filings that it had not. “The Company and executives plan to engage with the SEC to explain why enforcement action is not warranted,” Faraday Future wrote in such a filing last month. A company ...
Nvidia Corp (NASDAQ:NVDA) is one of the best forever stocks to buy now. On March 17, Nvidia Corp (NASDAQ:NVDA) secured Chinese approval to sell its second most powerful chip in the country. Nvidia Corp (NVDA) Sets Sights on Chinese Customers After H200 License Approval The long-awaited approval paves the way for the US company to resume sales of the H200 Chips, which have been at the center of US-...
Nvidia Corp (NASDAQ:NVDA) is one of the best forever stocks to buy now. On March 17, Nvidia Corp (NASDAQ:NVDA) secured Chinese approval to sell its second most powerful chip in the country. Nvidia Corp (NVDA) Sets Sights on Chinese Customers After H200 License Approval The long-awaited approval paves the way for the US company to resume sales of the H200 Chips, which have been at the center of US-China tensions. Chief Executive Officer Jensen Huang has announced that the company is ramping up production to address strong Chinese demand. According to Huang, the company is licensed for many customers in China. Last month, Nvidia received US approval to ship only a small number of H200 accelerators to China. The company has been on the fringes, awaiting approval from both the US and China, which are entangled in a fierce battle in the artificial intelligence race. The approval is a significant milestone, given that China accounted for nearly a quarter of its total revenues before the ban. Consequently, the Asian nation is an important aspect of the company’s long-term prosperity. Nvidia Corp (NASDAQ:NVDA) designs and sells high-performance Graphics Processing Units (GPUs) and AI software, acting as the primary infrastructure provider for modern AI, data centers, and gaming. Its chips specialize in parallel processing, powering generative AI (like ChatGPT), autonomous vehicles, robotics, and professional visualization. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Follow Insider Monkey on Google News.
Nvidia’s GTC conference had everything: trillion dollar sales projections, graphics technology that can yassify video games, grand declarations that every company needs an OpenClaw strategy, and even a robot version of the beloved snowman Olaf from Disney’s “Frozen.” On the latest episode of the Equity podcast, TechCrunch’s Kirsten Korosec, Sean O’Kane, and I recapped CEO Jensen Huang’s keynote an...
Nvidia’s GTC conference had everything: trillion dollar sales projections, graphics technology that can yassify video games, grand declarations that every company needs an OpenClaw strategy, and even a robot version of the beloved snowman Olaf from Disney’s “Frozen.” On the latest episode of the Equity podcast, TechCrunch’s Kirsten Korosec, Sean O’Kane, and I recapped CEO Jensen Huang’s keynote and debated what it means for Nvidia’s future. And yes, a big part of our discussion focused on poor Olaf, whose microphone had to be turned off when he started rambling. Even if the demo had gone flawlessly, Sean might still have had some reservations, as he noted these presentations always focus on “the engineering challenges” and not the “really messy gray areas” on the social side. “But what happens when a kid kicks Olaf over?” Sean asked. “And then every other kid who sees Olaf get kicked or knocked over has their whole trip to Disney ruined and it ruins the brand?” Read a preview of our conversation, edited for length and clarity, below. Anthony: [CEO Jensen Huang] was basically saying that every company needs to have an OpenClaw strategy now. I think that is just a very grand statement that’s meant to be attention grabbing; I think it’s also interesting coming at this kind of transitional moment for OpenClaw. The founder has gone to OpenAI. So it’s now this open source project that potentially can flourish and evolve beyond its creator, or it could languish. If companies like Nvidia are investing a lot into it, then [it’s] more likely that it’ll continue to evolve. But it’ll be interesting to see a year from now, whether that looks like a prescient statement or everyone’s like, “Open what?” Techcrunch event Disrupt 2026: The tech ecosystem, all in one room Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders gather for three days of 250+ tactical sessions, powerful intro...
Anyone who keeps regular tabs on Amazon (AMZN 1.62%) probably already knows the stock was upended in early February, partly on its fourth-quarter earnings miss, but largely due to its enormous spending plans for this year. The e-commerce and cloud computing giant is planning $200 billion worth of capital expenditures for 2026, with the bulk of that projected spending to be invested in artificial i...
Anyone who keeps regular tabs on Amazon (AMZN 1.62%) probably already knows the stock was upended in early February, partly on its fourth-quarter earnings miss, but largely due to its enormous spending plans for this year. The e-commerce and cloud computing giant is planning $200 billion worth of capital expenditures for 2026, with the bulk of that projected spending to be invested in artificial intelligence (AI) technology and related solutions. Caught off guard, investors panicked. Amazon shares are still down 15% from their pre-announcement price. With the initial dust of the news finally starting to settle though, investors can now make a more level-headed assessment of the plan. Clearly, Amazon has done well enough on this front to justify such a big investment in it now. Might the company be making the right -- even if pricey – move now? Here's something to think about. The bulk of the bet Amazon was the first to build a large-scale cloud computing business, launching Amazon Web Services (AWS) all the way back in 2006 before most people even knew what cloud computing was. Although it's since been losing share to Google and Microsoft (and others), AWS is still the world's single-biggest service provider, collecting 28% of the planet's cloud computing revenue during the final quarter of last year, according to Synergy Research Group. Amazon Web Services is also Amazon's biggest profit center even if it's not its biggest business, contributing 57% of last year's operating income versus only 18% of its revenue. Indeed, AWS' 2025 operating income of $45.6 billion was up nearly 15% year over year, leading the companywide growth charge largely due to the artificial intelligence capabilities it's able to offer its customers. Given this, it makes sense to invest heavily in what's working best for Amazon at this time, particularly given industry research outfit Technavio's prediction that the worldwide AI infrastructure market is poised to grow at an average annual pace...
Key Points The e-commerce and cloud computing powerhouse intends to make massive capital expenditures this year, mostly on artificial intelligence infrastructure. This spending, however, could put unexpected fiscal strain on the company if it doesn't pay off well enough or soon enough. Although the company's sheer existence isn't threatened, if these outlays don't bear enough fruit, it could force...
Key Points The e-commerce and cloud computing powerhouse intends to make massive capital expenditures this year, mostly on artificial intelligence infrastructure. This spending, however, could put unexpected fiscal strain on the company if it doesn't pay off well enough or soon enough. Although the company's sheer existence isn't threatened, if these outlays don't bear enough fruit, it could force investors to rethink Amazon stock's usual premium pricing. 10 stocks we like better than Amazon › Anyone who keeps regular tabs on Amazon (NASDAQ: AMZN) probably already knows the stock was upended in early February, partly on its fourth-quarter earnings miss, but largely due to its enormous spending plans for this year. The e-commerce and cloud computing giant is planning $200 billion worth of capital expenditures for 2026, with the bulk of that projected spending to be invested in artificial intelligence (AI) technology and related solutions. Caught off guard, investors panicked. Amazon shares are still down 15% from their pre-announcement price. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » With the initial dust of the news finally starting to settle though, investors can now make a more level-headed assessment of the plan. Clearly, Amazon has done well enough on this front to justify such a big investment in it now. Might the company be making the right -- even if pricey – move now? Here's something to think about. The bulk of the bet Amazon was the first to build a large-scale cloud computing business, launching Amazon Web Services (AWS) all the way back in 2006 before most people even knew what cloud computing was. Although it's since been losing share to Google and Microsoft (and others), AWS is still the world's single-biggest service provider, collecting 28% of the planet's cloud computing rev...
Mexican Economy Secretary Marcelo Ebrard said he’s encouraged by the start of technical talks with the US to review the North American free trade agreement, even as Canada remains absent from the early negotiations. “The fact that these technical conversations have started is good news,” Ebrard said in comments Sunday on N+ Univision’s Esta Semana . He described the atmosphere at last week’s talks...
Mexican Economy Secretary Marcelo Ebrard said he’s encouraged by the start of technical talks with the US to review the North American free trade agreement, even as Canada remains absent from the early negotiations. “The fact that these technical conversations have started is good news,” Ebrard said in comments Sunday on N+ Univision’s Esta Semana . He described the atmosphere at last week’s talks in Washington as cordial and said he plans to visit Canada in May. US Trade Representative Jamieson Greer ’s office said the two sides instructed their teams to “review specific options for increasing US and Mexican production and manufacturing employment, while limiting non-market inputs into North American supply chains.” The talks began even as President Donald Trump has suggested abandoning the three-nation framework for bilateral deals. Initial sessions have focused exclusively on the US-Mexico trade. Ebrard said he expects Ottawa to join soon and that “it remains up to the US” to decide when to invite Canada to the table. A key deadline looms in July 2026, when all three governments must confirm in writing whether to extend the US-Mexico-Canada Agreement, known as USMCA, for a new 16-year term. Ebrard defended the treaty, saying it has delivered significant results, including economic growth and employment. The negotiations are backed by recent Mexican government consultations with 30 economic sectors that concluded the USMCA should be strengthened rather than subjected to a major renegotiation. Ebrard has said the worst-case scenario for the region would be moving to annual reviews of the deal rather than a comprehensive extension that ensures long-term legal certainty. While Ebrard warned the road ahead “will not be all peaches and cream” due to differing visions on tariffs, he said groundwork laid over the past year will “smooth the path.” Mexico has spent months addressing 54 concerns raised by the US while presenting 12 of its own, he said.
On February 17, 2026, Millstreet Capital Management disclosed a new position in Diversified Energy Company (DEC +0.56%), acquiring 1,378,421 shares in the fourth quarter worth $19.96 million. What happened According to a SEC filing dated February 17, 2026, Millstreet Capital Management established a new stake in Diversified Energy Company during the fourth quarter. The fund acquired 1,378,421 shar...
On February 17, 2026, Millstreet Capital Management disclosed a new position in Diversified Energy Company (DEC +0.56%), acquiring 1,378,421 shares in the fourth quarter worth $19.96 million. What happened According to a SEC filing dated February 17, 2026, Millstreet Capital Management established a new stake in Diversified Energy Company during the fourth quarter. The fund acquired 1,378,421 shares, and the quarter-end value of the position was $19.96 million. What else to know This new position represents 4.5% of Millstreet’s 13F reportable assets under management following the filing. Reported holdings after the filing: NYSE:DBD: $388.10 million (88.5% of AUM) NYSE:CPS: $30.60 million (7.0% of AUM) NYSE:DEC: $19.96 million (4.5% of AUM) As of Friday, shares of Diversified Energy Company were priced at $16.20, up 19% over the past year, which is slightly outperforming the S&P 500’s roughly 15% gain in the same period. Company overview Metric Value Revenue (TTM) $1.61 billion Net Income (TTM) $341.1 million Dividend Yield 7% Price (as of Friday) $16.20 Company snapshot Diversified Energy Company produces, markets, and transports natural gas, natural gas liquids, crude oil, and condensates, with primary assets in the Appalachian Basin and additional operations in Oklahoma, Texas, and Louisiana. The firm operates as an independent owner and operator of producing wells, generating revenue through the sale of hydrocarbons and associated midstream services. Diversified Energy Company is a leading independent energy producer focused on mature, low-decline natural gas and oil assets across the United States. It is headquartered in Alabama. What this transaction means for investors With nearly 90% of this portfolio concentrated in a single name and just three holdings overall, adding a 4.5% stake in Diversified Energy is not casual diversification. It’s a calculated move toward a cash flow profile that contrasts sharply with traditional growth holdings, and that’s signific...
Great Britain claimed three gold medals in a sensational 28 minutes to make history and achieve the team's best haul at a World Athletics Indoor Championships. Georgia Hunter Bell began Sunday night's medal rush when she stormed to her first global 1500m title, before pole vaulter Molly Caudery secured her return to the top of the podium in Poland. A third triumph never looked in doubt as Olympic ...
Great Britain claimed three gold medals in a sensational 28 minutes to make history and achieve the team's best haul at a World Athletics Indoor Championships. Georgia Hunter Bell began Sunday night's medal rush when she stormed to her first global 1500m title, before pole vaulter Molly Caudery secured her return to the top of the podium in Poland. A third triumph never looked in doubt as Olympic champion and world record holder Keely Hodgkinson dominated the women's 800m final to win her first World Indoors gold. Following Josh Kerr's 3,000m triumph on Saturday, it guaranteed the British team's most successful World Indoor Championships of all time, surpassing the three gold medals achieved in 1999. Returning to the championships at which she represented Great Britain for the first time just two years ago, Olympic bronze medallist Hunter Bell reeled in Ethiopia's Birke Haylom before bursting clear of her rivals on the final lap to win in three minutes 58.53 seconds. Caudery, already guaranteed silver by the time her team-mate crossed the line, reclaimed the title which represented her breakthrough success two years ago with a second-time clearance over 4.85 metres.
Key Points There is anecdotal evidence that major retailers are moving Beyond Meat from the meat aisle to the freezer aisle. There are positives associated with this move for Beyond Meat, but there are potentially significant negatives to consider as well. 10 stocks we like better than Beyond Meat › Beyond Meat (NASDAQ: BYND) was a Wall Street and Main Street darling a few years ago, as its plant-...
Key Points There is anecdotal evidence that major retailers are moving Beyond Meat from the meat aisle to the freezer aisle. There are positives associated with this move for Beyond Meat, but there are potentially significant negatives to consider as well. 10 stocks we like better than Beyond Meat › Beyond Meat (NASDAQ: BYND) was a Wall Street and Main Street darling a few years ago, as its plant-based meat alternative products sparked a food fad. At one point, it seemed like everyone wanted to try Beyond Meat. Like most fads, demand for plant-based meat alternatives faded. Now big retailers, like Walmart (NASDAQ: WMT) and Costco (NASDAQ: COST), appear to be relegating Beyond Meat to the frozen food aisle. It could be a good thing, mostly. Beyond Meat had its big shot Beyond Meat's sales skyrocketed after it held its initial public offering. But in 2022, the packaged food company hit an inflection point, as its sales began to fall. The once hot products it sold were no longer in demand, as customers tried them and clearly decided they preferred real meat. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Wall Street has punished the stock, as the consumer staples start-up has continued to bleed red ink. However, the brand itself still has notable value, as it is basically "the face" of the broader plant-based meat alternative niche. So the push from the meat aisle to the frozen food aisle can be viewed in two ways. The good and the bad for Beyond Meat The bad news for Beyond Meat is that it had its shot, and consumers voted with their wallets. While Beyond Meat didn't catch on more broadly, some consumers still buy it. The move to the frozen food aisle allows those customers to continue buying Beyond Meat's products. It will likely mean lower, but more reliable revenues for the food maker. Frozen fo...
Cuba is prepared for the unlikely possibility of a military engagement with the United States, Cuban Deputy Foreign Minister Carlos Fernandez de Cossio said over the weekend in response to US President Donald Trump’s threats to take over the Caribbean island nation. Havana and Washington entered talks earlier this month as an oil blockade imposed by Trump pushes the Communist-run nation deeper...
Cuba is prepared for the unlikely possibility of a military engagement with the United States, Cuban Deputy Foreign Minister Carlos Fernandez de Cossio said over the weekend in response to US President Donald Trump’s threats to take over the Caribbean island nation. Havana and Washington entered talks earlier this month as an oil blockade imposed by Trump pushes the Communist-run nation deeper into economic crisis. Trump last week escalated his rhetoric against Cuba, saying he expected to have the “honour” of taking Cuba. “Our country has historically been ready to mobilise as a nation as a whole for military aggression … We don’t believe it is something that is probable but we would be naive if we do not prepare,” de Cossio told NBC’s Meet the Press in remarks broadcast on Sunday. “We don’t see why it would have to occur and we find no justification whatsoever.” Advertisement Reports had suggested the Trump administration was seeking to remove Cuban President Miguel Diaz-Canel from power. De Cossio also said any suggestion of the nature, the structure, or members of the Cuban government being subject to negotiation in talks with the US is untrue. Advertisement He added a regime change is “absolutely” off the table in discussions with the United States.
The U.S. Department of Defense has designated Palantir Technologies' Maven Smart System as an official program of record through a memo from Deputy Secretary Steve Feinberg, securing its long-term funding and integration across military branches for battlefield analysis and targeting by September 2026[1][2]. Memo Details and Timeline Feinberg's March 9 letter directs the transfer of Maven oversigh...
The U.S. Department of Defense has designated Palantir Technologies' Maven Smart System as an official program of record through a memo from Deputy Secretary Steve Feinberg, securing its long-term funding and integration across military branches for battlefield analysis and targeting by September 2026[1][2]. Memo Details and Timeline Feinberg's March 9 letter directs the transfer of Maven oversight from the National Geospatial Intelligence Agency to the Pentagon’s Chief Digital and Artificial Intelligence Office within 30 days. The U.S. Army will centralize future contracting with Palantir. The designation takes effect by the end of the fiscal year in September, embedding the system to equip personnel with tools to detect, deter and dominate adversaries[1][2]. Feinberg wrote that investing in AI integration is imperative to establish AI-enabled decision-making as the cornerstone of military strategy[2]. Maven's Operational Role Maven is a command-and-control platform that analyzes data from satellites, drones, radars and intelligence reports to identify targets such as military vehicles and weapons stockpiles. It has consolidated eight or nine separate systems into a single visualization tool, reducing targeting time from hours to minutes. The system has supported thousands of targeted strikes, including recent operations against Iran under Operation Epic Fury, and is used by tens of thousands of personnel[2][4]. Pentagon official Cameron Stanley demonstrated its capabilities with Middle East heat maps at a Palantir event[2][4]. Contract History and Challenges Maven originated from Project Maven in 2017 for drone imagery analysis. Palantir received a $480 million contract in 2024, expanded to $1.3 billion in May 2025, alongside a U.S. Army deal up to $10 billion. The company holds nearly $360 billion in market value following stock gains[2]. Expansion faces hurdles from a Pentagon ban on Anthropic's Claude AI model in Maven over supply chain and safety concerns[2]. ...
Investors are bracing for another turbulent session as the US war in Iran enters a fourth week with no signs of easing. President Donald Trump issued a 48-hour ultimatum to Tehran late Saturday to reopen the Strait of Hormuz or face strikes on its power plants, a deadline that expires Monday evening in New York. But Iran responded that any such attack would prompt it to shut the waterway indefinit...
Investors are bracing for another turbulent session as the US war in Iran enters a fourth week with no signs of easing. President Donald Trump issued a 48-hour ultimatum to Tehran late Saturday to reopen the Strait of Hormuz or face strikes on its power plants, a deadline that expires Monday evening in New York. But Iran responded that any such attack would prompt it to shut the waterway indefinitely and target US and Israeli energy infrastructure across the region, signaling that both sides are at risk of escalating the conflict. Trading in US equity futures, Treasuries and crude resumes Sunday evening after a week that saw stocks and bonds sell off in tandem, gold notch precipitous declines and Brent crude end at over $112 a barrel, its highest in almost four years. Bitcoin also fell as investors pulled back from risk assets, with the cryptocurrency dropping below $69,000 on Sunday. “Pulling back on this war is not Trump’s sole decision,” Matt Maley , the chief market strategist at Miller Tabak, said in an interview. “Uncertainty has been increasing for three weeks and the uncertainty took a big jump now. Even if people don’t sell, they are not going to be buying — and if there’s no bids, it creates a vacuum.” The selloff in the US accelerated on Friday as traders started anticipating that the Federal Reserve may shift to hiking interest rates this year as oil prices threaten to deliver a fresh inflation shock. Markets are bracing for similar moves from central banks in Japan, Europe and the UK even as the war also dampens the outlook for economic growth globally. The twin risks of rising inflation and potentially weaker growth drove the S&P 500 down by 1.5% on Friday, capping its fourth-straight weekly loss, the longest losing streak in a year. The benchmark 10-year Treasury yield surged by 13 basis points to 4.38%, the highest since late July, following selloffs in European bond markets as investors positioned for higher rates. The dollar, which has risen along ...
Iran Issues 10 Million Rial Banknote Amid Soaring Inflation As the Iran war rages, Tehran has rolled out a new 10 million rial banknote, its highest-ever denomination, as authorities seek to "manage" soaring inflation and meet demand for hard cash... but mostly to "manage" soaring inflation, similar to how Venezuela would add a new 0 to its currency every week in the late days of the Maduro ergime...
Iran Issues 10 Million Rial Banknote Amid Soaring Inflation As the Iran war rages, Tehran has rolled out a new 10 million rial banknote, its highest-ever denomination, as authorities seek to "manage" soaring inflation and meet demand for hard cash... but mostly to "manage" soaring inflation, similar to how Venezuela would add a new 0 to its currency every week in the late days of the Maduro ergime before everyone simply gave up. Banks, which have been targeted on at least one occasion by Western strikes, began distributing the new note this week, which is worth about $7, as Iranians waited in long lines at cashpoints to withdraw currency over fears electronic systems could fail. Many quickly ran out. The new bank note is worth about $7 US dollars. The new pink banknote features a vignette of the 9th-century Jameh Mosque of Yazd, while the back displays an image of the 2,500-year-old Bam Citadel. It is now the highest denomination in circulation, overtaking the 5mn-rial note introduced in early February, which at this rate will be equal to roughly $1 USD in a few weeks. Iran’s central bank said that the bill was introduced “to ensure public access to cash”, adding that electronic systems - including debit cards, mobile and internet banking - would continue to serve as the main platforms for financial transactions, at least until the Mossad cripples all domestic electronic payments. Yet despite government assurances of a continuous supply of cash after the war broke out, banks are providing limited currency to clients seeking to withdraw funds. “I waited my turn for an hour and the clerk said he could only give me 10mn rials. But when I made a fuss, telling them I had no money and needed cash, I got 30mn instead,” Maryam, an 80-year-old resident of Tehran, told the FT this week. “ It’s not much but it can sustain me for a few days if the debit cards stop working.” Iranians waiting at an ATM to withdraw currency; Getty Images The new bill is the latest indication of ho...
On February 17, 2026, London Co of Virginia disclosed it reduced its stake in Armstrong World Industries (AWI 0.74%) by 269,356 shares, an estimated $51.40 million trade based on quarterly average pricing. What happened London Co of Virginia reported in a Securities and Exchange Commission (SEC) filing dated February 17, 2026, that it sold 269,356 shares of Armstrong World Industries during the fi...
On February 17, 2026, London Co of Virginia disclosed it reduced its stake in Armstrong World Industries (AWI 0.74%) by 269,356 shares, an estimated $51.40 million trade based on quarterly average pricing. What happened London Co of Virginia reported in a Securities and Exchange Commission (SEC) filing dated February 17, 2026, that it sold 269,356 shares of Armstrong World Industries during the fiscal fourth quarter. The estimated transaction value was $51.40 million, based on the average closing price for the period. The stake’s quarter-end value declined by $61.96 million, a figure that captures both share sales and price changes. What else to know This was a reduction in the AWI position, which now represents 2.06% of the fund’s 13F reportable assets under management. Top holdings after the filing: NASDAQ: AAPL: $656.77 million (3.8% of AUM) NYSE: NSC: $522.84 million (3.0% of AUM) NYSE: GLW: $509.90 million (2.9% of AUM) NYSE: BRK-B: $500.85 million (2.9% of AUM) NYSE: BLK: $451.59 million (2.6% of AUM) As of Friday, AWI shares were priced at $163.86, up 16% over the past year, which is just slightly ahead of the S&P 500’s roughly 15% gain in the same period. Company overview Metric Value Price (as of Friday) $163.86 Revenue (TTM) $1.6 billion Net income (TTM) $308.7 million Dividend yield 0.7% Company snapshot Armstrong World Industries produces ceiling systems, including mineral fiber, fiberglass, metal, and wood products, as well as architectural specialties for commercial and residential construction markets. The firm generates revenue primarily through the design, manufacture, and sale of ceiling and wall systems to distributors, contractors, wholesalers, and retailers across North America and Latin America. It serves commercial building contractors, resale distributors, and large home centers targeting both new construction and renovation projects. Armstrong World Industries is a leading manufacturer of innovative ceiling and wall solutions, with a signifi...
Key Points London Co of Virginia sold 269,356 shares of Armstrong World Industries in the fourth quarter; the estimated trade size was $51.40 million based on quarterly average pricing. Meanwhile, the quarter-end value of the position fell by $61.96 million, reflecting both trading and stock price changes. The fund held 1,866,241 shares valued at $356.64 million after the trade. 10 stocks we like ...
Key Points London Co of Virginia sold 269,356 shares of Armstrong World Industries in the fourth quarter; the estimated trade size was $51.40 million based on quarterly average pricing. Meanwhile, the quarter-end value of the position fell by $61.96 million, reflecting both trading and stock price changes. The fund held 1,866,241 shares valued at $356.64 million after the trade. 10 stocks we like better than Armstrong World Industries › On February 17, 2026, London Co of Virginia disclosed it reduced its stake in Armstrong World Industries (NYSE:AWI) by 269,356 shares, an estimated $51.40 million trade based on quarterly average pricing. What happened London Co of Virginia reported in a Securities and Exchange Commission (SEC) filing dated February 17, 2026, that it sold 269,356 shares of Armstrong World Industries during the fiscal fourth quarter. The estimated transaction value was $51.40 million, based on the average closing price for the period. The stake’s quarter-end value declined by $61.96 million, a figure that captures both share sales and price changes. What else to know This was a reduction in the AWI position, which now represents 2.06% of the fund’s 13F reportable assets under management. Top holdings after the filing: NASDAQ: AAPL: $656.77 million (3.8% of AUM) NYSE: NSC: $522.84 million (3.0% of AUM) NYSE: GLW: $509.90 million (2.9% of AUM) NYSE: BRK-B: $500.85 million (2.9% of AUM) NYSE: BLK: $451.59 million (2.6% of AUM) As of Friday, AWI shares were priced at $163.86, up 16% over the past year, which is just slightly ahead of the S&P 500’s roughly 15% gain in the same period. Company overview Metric Value Price (as of Friday) $163.86 Revenue (TTM) $1.6 billion Net income (TTM) $308.7 million Dividend yield 0.7% Company snapshot Armstrong World Industries produces ceiling systems, including mineral fiber, fiberglass, metal, and wood products, as well as architectural specialties for commercial and residential construction markets. The firm generate...
At Nvidia's (NVDA 3.17%) recent flagship GPU Technology Conference, CEO Jensen Huang kicked things off with a bang. He said he expects purchase orders for the company's Blackwell and Vera Rubin platforms and graphics processing units (GPUs) to reach $1 trillion by the end of 2027, a significant increase from the company's sales expectations for last year and this year. However, the stock hardly mo...
At Nvidia's (NVDA 3.17%) recent flagship GPU Technology Conference, CEO Jensen Huang kicked things off with a bang. He said he expects purchase orders for the company's Blackwell and Vera Rubin platforms and graphics processing units (GPUs) to reach $1 trillion by the end of 2027, a significant increase from the company's sales expectations for last year and this year. However, the stock hardly moved on the news, and there's still significant skepticism surrounding artificial intelligence stocks. Why won't investors buy the stock right now? A sign of confidence Blackwell is Nvidia's current, most advanced version of its GPUs and rack systems, which are installed in data centers that help companies deploy AI solutions. Vera Rubin is the next iteration, expected to roll out this year. The systems are designed with 1.3 million components and projected to generate 10 times the performance of Blackwell, which was rolled out in 2024. The $1 trillion number is a significant step up from the $500 billion in AI hardware sales that management had projected in 2025 and 2026. The number is also ahead of the $950 billion number that Wall Street analysts had been modeling, on average. Huang said that the company is seeing demand from a range of customers, from start-ups to large companies. This should signal confidence to investors because Nvidia has historically hit its quarterly numbers and met or exceeded guidance. Why won't the market buy the stock? One would think that a bright, flashy number like $1 trillion might move Nvidia's stock. But Nvidia is trading down nearly 7% this year (as of March 20), although part of this can likely be attributed to geopolitical and economic concerns not specifically tied to the company. The stock does not look terribly expensive, trading at about 22 times forward earnings. One issue is that investors are becoming skeptical about whether the same intense levels of spending on AI infrastructure needed to power what some have called the fourth ...
Key Points The $1 trillion guidance is twice what Nvidia expects in sales for 2025 and 2026. Nvidia said that sales will be driven by its Grace Blackwell and Vera Rubin platforms. Despite guidance that came in ahead of Wall Street estimates, investors still seem reluctant to buy the stock right now. 10 stocks we like better than Nvidia › At Nvidia's (NASDAQ: NVDA) recent flagship GPU Technology Co...
Key Points The $1 trillion guidance is twice what Nvidia expects in sales for 2025 and 2026. Nvidia said that sales will be driven by its Grace Blackwell and Vera Rubin platforms. Despite guidance that came in ahead of Wall Street estimates, investors still seem reluctant to buy the stock right now. 10 stocks we like better than Nvidia › At Nvidia's (NASDAQ: NVDA) recent flagship GPU Technology Conference, CEO Jensen Huang kicked things off with a bang. He said he expects purchase orders for the company's Blackwell and Vera Rubin platforms and graphics processing units (GPUs) to reach $1 trillion by the end of 2027, a significant increase from the company's sales expectations for last year and this year. However, the stock hardly moved on the news, and there's still significant skepticism surrounding artificial intelligence stocks. Why won't investors buy the stock right now? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » A sign of confidence Blackwell is Nvidia's current, most advanced version of its GPUs and rack systems, which are installed in data centers that help companies deploy AI solutions. Vera Rubin is the next iteration, expected to roll out this year. The systems are designed with 1.3 million components and projected to generate 10 times the performance of Blackwell, which was rolled out in 2024. The $1 trillion number is a significant step up from the $500 billion in AI hardware sales that management had projected in 2025 and 2026. The number is also ahead of the $950 billion number that Wall Street analysts had been modeling, on average. Huang said that the company is seeing demand from a range of customers, from start-ups to large companies. This should signal confidence to investors because Nvidia has historically hit its quarterly numbers and met or exceeded guidance. Why won't ...
Key Points CEO Wilkes sold 35,000 shares for a transaction value of ~$929,000 on March 11, 2026. This sale represented 68.05% of Wilkes' direct holdings, reducing direct ownership from 51,431 to 16,431 shares. The transaction involved only direct holdings, with no shares sold or held indirectly through trusts or other entities. The activity was effected under a Rule 10b5-1 trading plan, consistent...
Key Points CEO Wilkes sold 35,000 shares for a transaction value of ~$929,000 on March 11, 2026. This sale represented 68.05% of Wilkes' direct holdings, reducing direct ownership from 51,431 to 16,431 shares. The transaction involved only direct holdings, with no shares sold or held indirectly through trusts or other entities. The activity was effected under a Rule 10b5-1 trading plan, consistent with routine portfolio management after a period of unchanged ownership. 10 stocks we like better than National Vision › On March 11, 2026, Chief Executive Officer Alexander Wilkes reported the sale of 35,000 shares of National Vision (NASDAQ:EYE) common stock in an open-market transaction, according to a SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 35,000 Transaction value $929,000 Post-transaction shares (direct) 16,431 Post-transaction value (direct ownership) $439,000 Transaction value based on SEC Form 4 reported price ($26.54); post-transaction value based on March 11, 2026 market close ($26.69). Key questions How does the transaction size relate to Alexander Wilkes's historical trading pattern? This is the only open-market sale by Wilkes in the available reporting periods, with the previous six Form 4 filings limited to administrative adjustments and no change in share count. This is the only open-market sale by Wilkes in the available reporting periods, with the previous six Form 4 filings limited to administrative adjustments and no change in share count. What is the impact of this transaction on Wilkes's ownership position? Direct holdings were reduced by 68.05%, leaving Wilkes with 16,431 directly held shares and no indirect holdings or derivative securities reported after the transaction. Direct holdings were reduced by 68.05%, leaving Wilkes with 16,431 directly held shares and no indirect holdings or derivative securities reported after the transaction. Did the transaction occur under a pre-established plan? Yes, the sale was execu...
zimmytws/iStock via Getty Images Portfolio managers: Bruce Johns; James Randazzo; and Nicholas Venditti, CFA® Subadvisor: Allspring Global Investments, LLC Category: Muni national short Fund Strategy Uses both bottom-up credit research and top-down macroeconomic analysis Seeks to generate excess performance by actively managing the four key elements of total return: duration, yield-curve positioni...
zimmytws/iStock via Getty Images Portfolio managers: Bruce Johns; James Randazzo; and Nicholas Venditti, CFA® Subadvisor: Allspring Global Investments, LLC Category: Muni national short Fund Strategy Uses both bottom-up credit research and top-down macroeconomic analysis Seeks to generate excess performance by actively managing the four key elements of total return: duration, yield-curve positioning, sector and credit-quality allocation, and security selection Uses a relative-value approach based on extensive credit analysis that seeks opportunities from changing market trends and pricing inefficiencies to generate excess returns Average Annual Total Returns (%) As Of 12/31/2025* 3 MONTH YEAR TO DATE 1 YEAR 3 YEAR 5 YEAR 10 YEAR SINCE FUND INCEPTION (11/30/95)^ Ultra Short-Term Municipal Income Fund-Inst 0.65 3.61 3.61 3.59 2.08 1.62 2.46 Ultra Short-Term Municipal Income Blended Index 0.61 3.01 3.01 3.30 2.01 1.57 — Bloomberg 1 Year Municipal Bond Index 0.56 3.47 3.47 3.19 1.73 1.58 — Click to enlarge *Returns for periods less than one year are not annualized. Figures quoted represent past performance, which is no guarantee of future results, and do not reflect taxes a shareholder may pay on an investment in a fund. Investment return, principal value, and yields of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of dividends and capital gains. Current month-end performance is available at the fund's website, allspringglobal.com . Institutional Class shares are sold without a front-end sales charge or contingent deferred sales charge. The fund's gross expense ratio is 0.36%. The fund's net expense ratio is 0.25%. The manager has contractually committed, through October 31, 2026, to waive fees and/or reimburse expenses to the extent necessary to cap the fund's total annual fund operating...
Keely Hodgkinson runs a championship record time of one minute 55.30 seconds to take gold in the women's 800m at the World Indoor Athletics Championships in Poland.
Keely Hodgkinson runs a championship record time of one minute 55.30 seconds to take gold in the women's 800m at the World Indoor Athletics Championships in Poland.