As Pakistan and Afghanistan declare truce, civilians in Kabul count the cost of war toggle caption Fazelminallah Qazizai/NPR KABUL - On Monday night, residents living near the Omid Addiction Treatment Hospital in the Afghan capital heard a sharp sound tearing through the sky, followed by an explosion. Two days later, Abdul Basir Watan joined dozens of inmates' families crowding outside the hospita...
As Pakistan and Afghanistan declare truce, civilians in Kabul count the cost of war toggle caption Fazelminallah Qazizai/NPR KABUL - On Monday night, residents living near the Omid Addiction Treatment Hospital in the Afghan capital heard a sharp sound tearing through the sky, followed by an explosion. Two days later, Abdul Basir Watan joined dozens of inmates' families crowding outside the hospital in central Kabul. They listened to doctors donning white medical gowns read out the names of survivors over a megaphone. A faint smell of burnt wood and plastic hung in the air. Through the bars of the iron gates, they saw a mound of concrete and metal where a building once stood. Sponsor Message Watan said his cousin Zamarek was seeking drug addiction treatment at this facility for the past four months. "He is not on the list of wounded. He is not on the list of dead," said Watan. Someone had told him of bulldozers digging mass graves at a Kabul cemetery for those who couldn't be identified. "I will go and pray there," he says. Taliban officials say a Pakistani airstrike hit the hospital, killing more than 400 and injuring more than 250. According to estimates provided by the United Nations Assistance Mission in Afghanistan, at least 143 people died and 119 were wounded in the attack. Pakistan says it had struck only a "military and terrorist infrastructure." But Georgette Gagnon, officer-in-charge of the U.N. mission, told NPR that the facility was "a well-known rehabilitation center" run by the Taliban's interior ministry. "Our colleagues who visited the place found widespread destruction, including complete destruction of one block that housed adolescents receiving drug treatment." As Taliban spokesperson Zabihullah Mujahid vowed retaliation following the strike, further escalations seemed imminent. But by Wednesday, both neighboring countries announced a five-day ceasefire for the celebration of the Muslim holiday of Eid. The hospital attack was the deadliest in the ...
Economist Philippe Aghion speaks to Bloomberg's Francine Lacqua in Paris. Aghion says Europe must do more to foster innovation and stop leaning on other parts of the world for technological advancement. (Source: Bloomberg)
Economist Philippe Aghion speaks to Bloomberg's Francine Lacqua in Paris. Aghion says Europe must do more to foster innovation and stop leaning on other parts of the world for technological advancement. (Source: Bloomberg)
Michael Hartnett, chief investment strategist at BofA Global Research, discusses market reaction to the Iram war, which he says will feed into earnings “without a question.” Harnett also explains where he would start “nibbling” on the S&P 500 and US treasuries and why he is still counting on the consumer. (Source: Bloomberg)
Michael Hartnett, chief investment strategist at BofA Global Research, discusses market reaction to the Iram war, which he says will feed into earnings “without a question.” Harnett also explains where he would start “nibbling” on the S&P 500 and US treasuries and why he is still counting on the consumer. (Source: Bloomberg)
Philippe TURPIN/Photononstop via Getty Images I'll be the first one to say that I am not a technology guy. That said, sometimes, as was the case with Nebius Group N.V. ( NBIS ), the technology part is easy enough to understand, and the value proposition is so obvious, as is the valuation mispricing, that even a value guy like me can lean in. Exzeo Group, Inc. ( XZO ) is just such a case. XZO is 82...
Philippe TURPIN/Photononstop via Getty Images I'll be the first one to say that I am not a technology guy. That said, sometimes, as was the case with Nebius Group N.V. ( NBIS ), the technology part is easy enough to understand, and the value proposition is so obvious, as is the valuation mispricing, that even a value guy like me can lean in. Exzeo Group, Inc. ( XZO ) is just such a case. XZO is 82% owned by HCI Group, Inc. ( HCI ), a Florida-based insurer that deals mostly with property and casualty markets (I'll touch on HCI below). HCI IPO'd 18% of XZO in November at $21. Florida is a treacherous place to write P&C insurance, given the weather. HCI has been unusually successful because it has relied heavily on technology to underwrite its policies. That technology is XZO. Whereas most insurers judge a home or property's risk by such things as flood plains, which are large areas on a map, XZO allows for specific property risk (e.g., the property might be in a flood plain, but it happens to be on a slight rise that keeps it from flooding). This property-specific analysis is critical. It allows the company to underwrite policies where other insurers don't and/or offer lower premiums than the competition. On the flip side, it helps the company avoid some losses that other insurers with less detailed information incur. At the time of the IPO, HCI was XZO's only customer, but it had been breaking out numbers as a separate entity for some time, and intracompany pricing is market-based. Q3 revenue was $56 million, and EBITDA was $29 million. Fourth Quarter Numbers Q4 was the first full quarter reported as a standalone public company. It was a blowout. Revenue came in at $53.3 million, up from $44.5 million, and EPS was $0.25, up from $0.15. Adjusted EBITDA came in at $28 million, up from $16.8 million, with margins growing to 55% from 46%. These numbers brought full-year results to $217 million in revenue, EPS to $0.99, and adjusted EBITDA to $111.5 million. With $305 mil...
Triumph Capital Management cut its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 45.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,911 shares of the chip maker's stock after selling 11,644 shares during the quarter. Triumph Capital Management's holdings in Intel were worth $467,000 ...
Triumph Capital Management cut its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 45.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,911 shares of the chip maker's stock after selling 11,644 shares during the quarter. Triumph Capital Management's holdings in Intel were worth $467,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds and other institutional investors have also recently modified their holdings of INTC. Vanguard Group Inc. boosted its stake in Intel by 1.3% during the third quarter. Vanguard Group Inc. now owns 390,829,684 shares of the chip maker's stock worth $13,112,336,000 after buying an additional 4,925,949 shares during the period. State Street Corp raised its stake in shares of Intel by 1.6% in the 2nd quarter. State Street Corp now owns 203,617,629 shares of the chip maker's stock valued at $4,561,035,000 after acquiring an additional 3,168,824 shares during the period. Capital World Investors lifted its holdings in shares of Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker's stock worth $2,902,180,000 after acquiring an additional 21,230,715 shares during the last quarter. Primecap Management Co. CA lifted its holdings in shares of Intel by 4.3% in the 2nd quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker's stock worth $1,798,679,000 after acquiring an additional 3,313,890 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Intel during the 2nd quarter worth approximately $1,579,378,000. 64.53% of the stock is owned by institutional investors and hedge funds. Get Intel alerts: Sign Up Intel Stock Up 2.2% INTC stock opened at $45.03 on Thursday. The company's 50 day moving average price is $46.61 and its 200 day moving average price is $39.33. The firm ha...
Europe's top leagues have been summoned to a meeting with Uefa in the summer to discuss how video assistant referee (VAR) technology is being used. The summit of referee chiefs from the Premier League, La Liga, Serie A, the Bundesliga and Ligue 1 will discuss how to reset VAR to its intended interpretation of only intervening in the clearest of errors. Roberto Rosetti - the head of Uefa's referees...
Europe's top leagues have been summoned to a meeting with Uefa in the summer to discuss how video assistant referee (VAR) technology is being used. The summit of referee chiefs from the Premier League, La Liga, Serie A, the Bundesliga and Ligue 1 will discuss how to reset VAR to its intended interpretation of only intervening in the clearest of errors. Roberto Rosetti - the head of Uefa's referees - called the meeting after saying last month the game must not "go in this direction of microscopic VAR interventions". Uefa wants to discuss with leagues how they use VAR, and the thresholds applied. "I believe that we forgot the reason why VAR was introduced," Rosetti said. "In objective decisions, it is fantastic. For interpretations, subjective evaluation is more difficult. "That's why we started to speak about clear and obvious mistakes - clear evidence." VAR is operated very differently across Europe. The Premier League has the lowest VAR intervention rate this season - 0.275 per game - thought that has not meant less controversy over decisions. Figures released last month showed the Bundesliga and La Liga come next at 0.38 interventions per game, with Serie A at 0.44 and Ligue 1 at 0.47. In the Champions League, interventions are at a rate of 0.45 per game. Rosetti also wants all leagues to speak "only one technical language" after controversy over the inconsistent application of laws such as handball. It is hoped the meeting could lead to a more universal approach to the laws and with how VAR is used.
NEW YORK, March 19, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. Should You Join The Oracle Class Action Lawsuit: Do you, or did you, own shares of Oracle Corporati...
NEW YORK, March 19, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. Should You Join The Oracle Class Action Lawsuit: Do you, or did you, own shares of Oracle Corporation (ORCL)? Did you purchase your shares between June 12, 2025 and December 16, 2025, inclusive? Did you lose money in your investment in Oracle Corporation? What To Do Next: If you purchased or acquired Oracle common stock, and/or would like to discuss your legal rights and options please visit Oracle Corporation Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com. If you wish to serve as lead plaintiff for the Class, you must file papers by April 6, 2026 . A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About The Lawsuit: A lawsuit was filed in the United States District Court for the District of Delaware on behalf of investors (the “Class”) who purchased or acquired the common stock of Oracle between June 12, 2025 and December 16, 2025, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers. According to the lawsuit, Defendants made misrepresentations about the Company’s contracts to develop data center capabilities for AI infrastructure and the ability of significant capital expenditures to quickly result in accelerated revenue growth. About Bernstein Liebhard: Since 1993, Bernstein Liebhard LLP has recovered over $3.5 bill...
U.S. Senator Markwayne Mullin, President Donald Trump's nominee to be Homeland Security secretary, tesifies before a Senate Homeland Security and Governmental Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., March 18, 2026. Evan Vucci | Reuters A day after a testy confirmation hearing, a Senate committee is expected to vote Thursday morning on the nomination of Sen...
U.S. Senator Markwayne Mullin, President Donald Trump's nominee to be Homeland Security secretary, tesifies before a Senate Homeland Security and Governmental Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., March 18, 2026. Evan Vucci | Reuters A day after a testy confirmation hearing, a Senate committee is expected to vote Thursday morning on the nomination of Sen. Markwayne Mullin , R-Okla., to lead the Department of Homeland Security. Mullin could clear his first procedural hurdle to leading the department despite prodding from his Senate peers on Wednesday over his temperament, DHS' immigration policies and a trip he said he took abroad while a member of the House that he repeatedly said was "classified." Sen. Rand Paul, R-Ky., chair of the Senate panel, lashed out at the nominee. Mullin recently said he understood why Paul's neighbor physically attacked him in 2017 and called Paul, a libertarian-leaning Republican who often does not vote with his party, a "freaking snake." Paul called Mullin "unrepentant." "I just wonder if someone who applauds violence against their political opponents is the right person to lead an agency that has struggled to accept limits to the proper use of force," Paul said. Read more CNBC politics coverage Everything to know about the SAVE America Act voter ID-bill Epstein files: House panel subpoenas AG Pam Bondi for April 14 deposition Trump slams NATO allies for not joining Iran war effort, says U.S. never needed their help Paul told reporters after the hearing that he would not support the nomination but committed to the Thursday vote, even after questions swirled around Mullin's hazy description of his classified trip abroad. After the public hearing on Wednesday, some committee members relocated to a Sensitive Compartmented Information Facility to get more information from Mullin in an environment where he could talk about classified information. Republicans hold a 8-7 majority on the committee. Wi...
Darden Restaurants (DRI) came out with quarterly earnings of $2.95 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $2.8 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +0.10%. A quarter ago, it was expected that this owner of Olive Garden and other chain restaurants would post ear...
Darden Restaurants (DRI) came out with quarterly earnings of $2.95 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $2.8 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +0.10%. A quarter ago, it was expected that this owner of Olive Garden and other chain restaurants would post earnings of $2.09 per share when it actually produced earnings of $2.08, delivering a surprise of -0.48%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Darden Restaurants, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $3.35 billion for the quarter ended February 2026, surpassing the Zacks Consensus Estimate by 0.52%. This compares to year-ago revenues of $3.16 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Darden Restaurants shares have added about 9.1% since the beginning of the year versus the S&P 500's decline of 3.2%. What's Next for Darden Restaurants? While Darden Restaurants has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of...
WTI-Brent Spread Explodes As Trump Mulls Export Ban; Iran's Attack On Qatar's LNG "Worse Than Nord Stream" Summary: WTI-Brent Spread Blows Out as Traders Price In U.S. Export Restrictions Iran Targets Qatar LNG Plant , Saudi Red Sea Refinery Trump Urges De-Escalation After Iranian Strikes on Qatari Energy Assets Middle East Conflict Escalates Dangerously Overnight Into Direct Strikes on Upstream E...
WTI-Brent Spread Explodes As Trump Mulls Export Ban; Iran's Attack On Qatar's LNG "Worse Than Nord Stream" Summary: WTI-Brent Spread Blows Out as Traders Price In U.S. Export Restrictions Iran Targets Qatar LNG Plant , Saudi Red Sea Refinery Trump Urges De-Escalation After Iranian Strikes on Qatari Energy Assets Middle East Conflict Escalates Dangerously Overnight Into Direct Strikes on Upstream Energy Assets * * * WTI-Brent Spread Explodes As U.S. Export Ban Priced In RBC Capital Markets analyst Julian Triscott told clients, " Our boots on the ground in D.C. suggest the administration favors a crude export tariff over an outright ban, though a full ban remains a tail risk ." Triscott said the Trump administration is likely weighing intervention in the oil market as gasoline and diesel prices at the pump surge, with a crude export tariff seen as more likely than an outright export ban, though the analyst said a full ban is still a major risk. Triscott said the idea would be to shield U.S. consumers by making crude exports less attractive to foreign buyers, while potentially offsetting the impact with a pause or reduction in the federal fuel excise tax. Triscott pointed out that traders are already beginning to price in this next intervention, with the WTI–Brent spread widening to its highest level since about 2012. The market is largely pricing in a US oil export ban: Brent less WTI spread is the widest in decades (ex the negative WTI print). Export ban would landlock US oil, sending it sharply lower while sending Brent soaring pic.twitter.com/3YSLlVNZcx — zerohedge (@zerohedge) March 19, 2026 Triscott's conversation with sources in D.C. about what the Trump administration may do next to combat surging pump prices comes as the Trump administration appears to be following the six-option playbook laid out by JPMorgan analysts last week. On Wednesday, the Trump administration waived the Jones Act to allow foreign vessels to ship crude to US ports. That was Opti...
Nvidia stock isn't moving off the back of its GTC conference but Wall Street analysts are still applauding and there’s another high-profile cheerleader—Elon Musk.
Nvidia stock isn't moving off the back of its GTC conference but Wall Street analysts are still applauding and there’s another high-profile cheerleader—Elon Musk.
BTQ Technologies ( BTQ ) announced Bitcoin Quantum testnet v0.3.0 with the first working implementation of BIP 360. BIP 360 introduces Pay-to-Merkle-Root, a quantum-resistant Bitcoin transaction output type. The upgrade is live on testnet, enabling developers, miners, and researchers to test quantum-safe transactions. More on BTQ Technologies Corp. BTQ Technologies: A Coherent Regulatory Bet That ...
BTQ Technologies ( BTQ ) announced Bitcoin Quantum testnet v0.3.0 with the first working implementation of BIP 360. BIP 360 introduces Pay-to-Merkle-Root, a quantum-resistant Bitcoin transaction output type. The upgrade is live on testnet, enabling developers, miners, and researchers to test quantum-safe transactions. More on BTQ Technologies Corp. BTQ Technologies: A Coherent Regulatory Bet That Still Needs Validation Historical earnings data for BTQ Technologies Corp. Financial information for BTQ Technologies Corp.
Traders sold gilts and boosted bets on Bank of England interest-rate hikes after officials said they stand “ ready to act ” to tackle any inflation surge triggered by war in the Middle East. UK government bonds slid, with two-year yields rising more than 30 basis points on Thursday to 4.41%. Swap markets are now pricing almost 70 basis points of monetary tightening by year-end, implying around thr...
Traders sold gilts and boosted bets on Bank of England interest-rate hikes after officials said they stand “ ready to act ” to tackle any inflation surge triggered by war in the Middle East. UK government bonds slid, with two-year yields rising more than 30 basis points on Thursday to 4.41%. Swap markets are now pricing almost 70 basis points of monetary tightening by year-end, implying around three quarter-point hikes, with the first expected next month. The pound rose 0.3% to $1.3301. All nine members of the Monetary Policy Committee voted to leave rates unchanged at 3.75% on Thursday, with Governor Andrew Bailey warning that policy must “respond to the risk of a more persistent effect on UK CPI inflation.” Read more: BOE ‘Ready to Act’ on Inflation After 9-0 Vote to Hold Rates It’s a dramatic change of outlook. Less than three weeks ago, confidence had been running high that the BOE would deliver a cut today given a weakening labor market. Brent advanced beyond $118 a barrel on Thursday, with energy importers like Europe and the UK particularly exposed. The European Central Bank is due to announce its policy decision later Thursday.
YY Group Holding ( YYGH ) has announced 50-for-1 reverse stock split of the Class A ordinary shares. The Class A ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on March 23, 2026, under the existing ticker symbol "YYGH." Post-split, every Fifty (50) of the Company's issued and outstanding Class A ordinary shares will be combined into one issued and ...
YY Group Holding ( YYGH ) has announced 50-for-1 reverse stock split of the Class A ordinary shares. The Class A ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on March 23, 2026, under the existing ticker symbol "YYGH." Post-split, every Fifty (50) of the Company's issued and outstanding Class A ordinary shares will be combined into one issued and outstanding Class A ordinary share, thereby reducing the number of outstanding Class A ordinary shares from approximately 207.4 million shares to approximately 4.1 million shares. The reverse stock split is primarily intended to bring the Company into compliance with the $1.00 minimum bid price requirement for maintaining its Nasdaq listing. YYGH -22% premarket to $0.0347 Source: Press Release More on YY Group Holding YY Group expects FY25 revenue of $57 to $58 mln YY Group repurchases outstanding warrants from holders Financial information for YY Group Holding