Why would Trump launch a foreign war when he is so domestically weak? Precisely because he is weak In the lead-up to the 2003 invasion of Iraq, members of the George W Bush administration presented the case for war exhaustively, repeatedly, and in public. The then national security adviser Condoleezza Rice , who played a major role in green-lighting waterboarding of detainees at Guantanamo Bay, wr...
Why would Trump launch a foreign war when he is so domestically weak? Precisely because he is weak In the lead-up to the 2003 invasion of Iraq, members of the George W Bush administration presented the case for war exhaustively, repeatedly, and in public. The then national security adviser Condoleezza Rice , who played a major role in green-lighting waterboarding of detainees at Guantanamo Bay, wrote an editorial in the New York Times claiming that Iraq was lying about its so-called “weapons of mass destruction”. Meanwhile, Colin Powell , then the secretary of state, went to a meeting of the United Nations security council in New York. There, before America and the world, he held up a tiny vial of substance meant to represent anthrax, a chemical weapon that had terrorized the US in a series of mail attacks just over a year before; Powell claimed that Iraq had the weapon and was willing to use it. Bush himself routinely addressed the American people, making the case for war. They were all lying, it turned out, but the lie served a purpose: it was a concession to the idea that the American people would have a say in whether or not their country went to war. Continue reading...
Exclusive survey finds negative economic impacts felt across party lines as White House doubles down on tariffs Seven in 10 Americans say Donald Trump’s tariffs have led to them paying higher prices, according to an exclusive new poll for the Guardian. The Harris Poll survey presents Republicans with a major problem in the battle for the upcoming midterm elections. The majority of all voters (72%)...
Exclusive survey finds negative economic impacts felt across party lines as White House doubles down on tariffs Seven in 10 Americans say Donald Trump’s tariffs have led to them paying higher prices, according to an exclusive new poll for the Guardian. The Harris Poll survey presents Republicans with a major problem in the battle for the upcoming midterm elections. The majority of all voters (72%) believe Trump’s tariffs have had a negative rather than a positive impact and 67% said tariffs aren’t the right solution for improving the economy. 64% of Republicans agreed that Trump’s tariffs had led to higher prices compared with 77% of Democrats and 67% of independents who believed the same. 60% of Republicans also said that tariffs had had more of a negative impact on consumers than a positive one, compared with 81% of Democrats and 75% of independents. Continue reading...
The sight of blossom against a bright blue sky is one of the joys of spring, and the right tree will keep on giving year after year Just shy of three years ago, I planted a cherry tree in my garden. It was the result of a deeply postpartum, vaguely chaotic research mission: to find a tree that was small yet substantial enough for my compact London garden. I wanted a pollution-hardy tree with flowe...
The sight of blossom against a bright blue sky is one of the joys of spring, and the right tree will keep on giving year after year Just shy of three years ago, I planted a cherry tree in my garden. It was the result of a deeply postpartum, vaguely chaotic research mission: to find a tree that was small yet substantial enough for my compact London garden. I wanted a pollution-hardy tree with flowers the right shade of pale pink that would bloom around the time of my newborn son’s vernal equinox birthday. Celebrating a baby’s new arrival with a tree or a shrub is one of the most romantic, and hopefully enduring, gifts one can give. I chose a Prunus ‘Accolade’ ( pictured above ). It feels funny to associate that tree with the boisterous little boy I live with. But the blossom was undeniably magic. There was a window on our stairway that framed it perfectly. Every time we popped up or down we got a hit of candyfloss pink. Six months later, when we marked his half-years with the autumn equinox, the tree’s leaves would begin to turn golden. Continue reading...
As numbers of incarcerated women approach one million globally, campaigners are hoping the recognition leads to action The “groundbreaking” inclusion of female incarceration in a global agreement on justice for women and girls adopted at the UN this week has been hailed by campaigners as an opportunity to bring about change for hundreds of thousands of women in prison around the world. The agreed ...
As numbers of incarcerated women approach one million globally, campaigners are hoping the recognition leads to action The “groundbreaking” inclusion of female incarceration in a global agreement on justice for women and girls adopted at the UN this week has been hailed by campaigners as an opportunity to bring about change for hundreds of thousands of women in prison around the world. The agreed conclusions of the 70th session of the Commission on the Status of Women (CSW70), being held this week and next at the UN headquarters in New York, explicitly mention “women in detention and in imprisonment”. They set out to address their plight while taking into account the links between discriminatory laws, violence against women and girls and increased risk of incarceration. Continue reading...
Less than a decade ago, Google employees scuttled any military use of its AI. Now Anthropic is fighting Trump officials not over if, but how The standoff between Anthropic and the Pentagon has forced the tech industry to once again grapple with the question of how its products are used for war – and what lines it will not cross. Amid Silicon Valley’s rightward shift under Donald Trump and the sign...
Less than a decade ago, Google employees scuttled any military use of its AI. Now Anthropic is fighting Trump officials not over if, but how The standoff between Anthropic and the Pentagon has forced the tech industry to once again grapple with the question of how its products are used for war – and what lines it will not cross. Amid Silicon Valley’s rightward shift under Donald Trump and the signing of lucrative defense contracts, big tech’s answer is looking very different than it did even less than a decade ago. Anthropic’s feud with the Trump administration escalated three days ago as the AI firm sued the Department of Defense, claiming that the government’s decision to blacklist it from government work violated its first amendment rights. The company and the Pentagon have been locked in a months-long standoff, with Anthropic attempting to prohibit its AI model from being used for domestic mass surveillance or fully autonomous lethal weapons. Continue reading...
tadamichi Once Upon A Farm ( OFRM ) reported sales rose 30.1% in Q4 to $64.0M. The company highlighted that the sales growth was driven by broadened distribution, significant increases in household penetration, and top-tier velocity in the categories where it competes. CEO John Foraker said the sales growth showed the powerful underlying momentum around the brand and the trust consumers place in t...
tadamichi Once Upon A Farm ( OFRM ) reported sales rose 30.1% in Q4 to $64.0M. The company highlighted that the sales growth was driven by broadened distribution, significant increases in household penetration, and top-tier velocity in the categories where it competes. CEO John Foraker said the sales growth showed the powerful underlying momentum around the brand and the trust consumers place in the company's mission-driven approach. Gross profit was 47.7% of sales for the quarter of 2025, compared to 46.7% of sales in the prior year period. The gross profit improvement was driven by lower trade spend and higher average selling prices. Adjusted EBITDA was $6.6M for the quarter, compared to $2.2M in the prior-year period. The increase was primarily driven by the increase in gross profit partially offset by higher SG&A expenses. GAAP EPS of $0.11 topped the consensus estimate by a penny. Evercore ISI analyst David Palmer said the firm continues to see Once Upon a Farm ( OFRM ) as an exciting early-stage food growth story with a wide range of potential stock outcomes based on the potential for 30%+ sales growth in 2027 and potentially beyond and the path to double-digit EBITDA margins. However, the general sense of sell-side analysts was that investors may be disappointed in the reported margin rate. Shares of Once Upon A Farm ( OFRM ) fell 19.3% in premarket trading to $16.43 vs. the post-IPO range of $18.00 to $27.00. More on Once Upon A Farm, PBC Once Upon A Farm Looks Like A Good Consumer Packaged Goods Growth Stock Once Upon A Farm: Better For Kids, But What About Investors? Once Upon A Farm, PBC GAAP EPS of $0.11 beats by $0.01, revenue of $64M beats by $1M Once Upon A Farm has plenty of believers on Wall Street Historical earnings data for Once Upon A Farm, PBC
Hi, this is Charles in Stockholm. Welcome to our weekly newsletter on what’s shaping economies and investments from the Arctic to the Baltic Sea. You can subscribe here . Green Gambles Sweden’s reputation as a green industrial powerhouse took a knock last year with the $10 billion collapse of Northvolt, an electric vehicle-battery maker that couldn’t live up to its hype. Almost exactly a year late...
Hi, this is Charles in Stockholm. Welcome to our weekly newsletter on what’s shaping economies and investments from the Arctic to the Baltic Sea. You can subscribe here . Green Gambles Sweden’s reputation as a green industrial powerhouse took a knock last year with the $10 billion collapse of Northvolt, an electric vehicle-battery maker that couldn’t live up to its hype. Almost exactly a year later, another homegrown clean-energy company is trying to avert a similar fate. Step forward Stegra, a six-year-old startup that is busy building the world’s biggest green-steel plant in Boden, northern Sweden. It’s among a handful of next-generation steelmakers seeking to overhaul one of the world’s most polluting industries, but it’s got a big problem — it’s running out of money. If local media reports are to believed, Stegra needs an extra $2.2 billion from investors and lenders to complete the project. That’s on top of the $7.5 billion in commitments that it’s already raised via a mix of equity, debt and grants. Stegra has given itself until the end of this quarter to secure the extra funding, which it says equates to about 15% of overall expenses. The money is needed to cover cost overrun, additional infrastructure investments and to fill a gap left by the state. In November the startup was awarded a grant by the government, but only for a quarter of the $170 million it had sought. Echoing the stance of Sweden’s finance minister, who has said companies must be able to stand on their own feet, a prominent lawmaker told Bloomberg this week that injecting more money into the startup would not be in the public interest. Northvolt may still be fresh in many people’s minds, yet Stegra is fast becoming the new bellwether for Sweden’s troubled green transition. Looking for Satellites Finnish satellite-intelligence company Iceye expects revenue to top $1.2 billion next year thanks to a surge in government contracts. Founded in 2014, Iceye operates a constellation of 64 satellites ...
Fourth Quarter Revenue Reaches $43.1 Million Exchange Service Revenue Up 48% YoY Self Service Revenue Up 23% Sequentially Entering 2026 With Improved Operating Structure
Fourth Quarter Revenue Reaches $43.1 Million Exchange Service Revenue Up 48% YoY Self Service Revenue Up 23% Sequentially Entering 2026 With Improved Operating Structure
nespix/iStock via Getty Images Overview With technology selling off over the last few months, I believe this has given investors the opportunity to accumulate high-quality businesses at an attractive price. The markets seem to be worried about elevated capex spending, but I believe these worries are overblown. Meta Platforms ( META ) now trades at a lower forward price-to-earnings ratio compared t...
nespix/iStock via Getty Images Overview With technology selling off over the last few months, I believe this has given investors the opportunity to accumulate high-quality businesses at an attractive price. The markets seem to be worried about elevated capex spending, but I believe these worries are overblown. Meta Platforms ( META ) now trades at a lower forward price-to-earnings ratio compared to the rest of the Mag 7. META even trades at a more attractive valuation than the S&P 500 Index ( SPX ), which really reinforces just how great of an opportunity this is to accumulate shares. When I previously covered META nearly two years ago, I issued a strong buy rating due to the extremely healthy cash flows, growth across segments, and the potential for dividend growth ahead. Since then, META has provided a total return above 33%. Over the last six months, META's share price has declined alongside the rest of the technology market. As a result, META's total return sits at a loss of 12.6%. As we shift past the worries, I believe that META is aligned to deliver market beating returns over the next few years. All business segments are still firing on all cylinders, and META is looking to capitalize on AI demand by transforming beyond the traditional scroll of the social media feed. Data by YCharts There are several operating segments growing across META, and I believe the higher revenues will take the share price higher. While the market stresses META's infrastructure spending, it is clear that the business has a clear vision for the future. As long as management can continue to execute its game plan, I believe that META is one of the strongest plays to capitalize on the growth of the AI market. META has the existing ecosystem that allows them to push any new integrations to billions of users across the globe. Capex Spending & Risks The defining outlook for the business is the elevated levels of capex spending over the next fiscal year. However, these concerns aren't enti...
nespix/iStock via Getty Images Overview With technology selling off over the last few months, I believe this has given investors the opportunity to accumulate high-quality businesses at an attractive price. The markets seem to be worried about elevated capex spending, but I believe these worries are overblown. Meta Platforms ( META ) now trades at a lower forward price-to-earnings ratio compared t...
nespix/iStock via Getty Images Overview With technology selling off over the last few months, I believe this has given investors the opportunity to accumulate high-quality businesses at an attractive price. The markets seem to be worried about elevated capex spending, but I believe these worries are overblown. Meta Platforms ( META ) now trades at a lower forward price-to-earnings ratio compared to the rest of the Mag 7. META even trades at a more attractive valuation than the S&P 500 Index ( SPX ), which really reinforces just how great of an opportunity this is to accumulate shares. When I previously covered META nearly two years ago, I issued a strong buy rating due to the extremely healthy cash flows, growth across segments, and the potential for dividend growth ahead. Since then, META has provided a total return above 33%. Over the last six months, META's share price has declined alongside the rest of the technology market. As a result, META's total return sits at a loss of 12.6%. As we shift past the worries, I believe that META is aligned to deliver market beating returns over the next few years. All business segments are still firing on all cylinders, and META is looking to capitalize on AI demand by transforming beyond the traditional scroll of the social media feed. Data by YCharts There are several operating segments growing across META, and I believe the higher revenues will take the share price higher. While the market stresses META's infrastructure spending, it is clear that the business has a clear vision for the future. As long as management can continue to execute its game plan, I believe that META is one of the strongest plays to capitalize on the growth of the AI market. META has the existing ecosystem that allows them to push any new integrations to billions of users across the globe. Capex Spending & Risks The defining outlook for the business is the elevated levels of capex spending over the next fiscal year. However, these concerns aren't enti...
Economists pushed back their expectation for the Federal Reserve’s next interest rate cut to June from March, but still see two quarter-point reductions by year-end, according to a survey by Bloomberg News. The 46 economists surveyed anticipate a faster pace of cuts than what futures markets are pricing in. It’s also one more 2026 cut than Fed officials favored in December, according to their medi...
Economists pushed back their expectation for the Federal Reserve’s next interest rate cut to June from March, but still see two quarter-point reductions by year-end, according to a survey by Bloomberg News. The 46 economists surveyed anticipate a faster pace of cuts than what futures markets are pricing in. It’s also one more 2026 cut than Fed officials favored in December, according to their median projection. Nearly a third of economists polled also expressed misgivings about Kevin Warsh , the former Fed governor tapped by President Donald Trump to succeed Chair Jerome Powell . Asked whether they believed Warsh will be committed to achieving the Fed’s 2% inflation target, 13% said they were not sure and 18% answered with a “no.” Of the respondents who doubted Warsh’s commitment to the inflation target, most didn’t believe or were not sure the committee, as a whole, would remain dedicated to that goal. The Fed’s preferred measure of inflation closed 2025 at 2.9% and has been above target for five years. Against that backdrop, Trump has incessantly pressured Powell, whose term as chair ends in May, to lower rates. On Thursday, Trump posted on social media to say Powell “should be dropping Interest Rates, IMMEDIATELY, not waiting for the next meeting!” The president has also made it clear he expects the next chair to bring down borrowing costs sharply, which could boost inflation. Interest-rate decisions are made by the 12 members of the Federal Open Market Committee and not unilaterally by the Fed chair. But Trump’s expectations for lower rates could cause the public to question the Fed’s dedication to taming inflation under Warsh, some economists said. Trump wants a return to zero-interest-rate policy, and will pressure his Fed chair to deliver, said Thomas Fitzgerald , senior vice president at SouthState Securities. ”While the message will face resistance on the committee, it will damage the market’s perception of the Fed’s commitment to a long-run 2% inflation go...
Key Points Micron has been riding the artificial intelligence (AI) wave. Its memory chips are vital for AI processes. Its future seems bright. 10 stocks we like better than Micron Technology › If you've got $1,000 burning a hole in your pocket and you're looking for a promising investment, you might consider shares of Micron Technology (NASDAQ: MU), the memory chip specialist. After all, headlines...
Key Points Micron has been riding the artificial intelligence (AI) wave. Its memory chips are vital for AI processes. Its future seems bright. 10 stocks we like better than Micron Technology › If you've got $1,000 burning a hole in your pocket and you're looking for a promising investment, you might consider shares of Micron Technology (NASDAQ: MU), the memory chip specialist. After all, headlines about it -- such as "Is Micron Technology Stock the Next Nvidia?"-- look quite promising. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » A savvy-looking person is staring at us with a slight smile, behind a clear wall with tech-y illustrations on it. Image source: Getty Images. Here's one reason investors are so interested in it lately: Time Period Average Annual Return Past 1 year 352% Past 3 years 91% Past 5 years 36% Past 10 years 45% Past 15 years 27% Source: Data from Morningstar.com as of Feb. 12, 2026. Yowza, right? You don't see numbers like that very often. Micron's stock has been soaring, especially over the past year. Here's why you might want to invest in Micron: Advertisement It's benefiting heavily from the boom in artificial intelligence (AI), which requires not only processing chips, but also memory chips. It's growing its revenue and net income robustly, with first-quarter numbers up 57% and 180%, respectively. It's poised to continue growing, with AI spending expected to top $2.5 trillion this year and soar to $3.3 trillion next year, per Gartner. Micron CEO Sanjay Mehrotra has said: "Micron's technology leadership, differentiated product portfolio, and strong operational execution position us as an essential AI enabler, and we are investing to support our customers' growing need for memory and storage." I'm afraid the news isn't all rosy, though -- because Micron's stock isn't exactly cheap, with a recent price-to-sales (P/S) ratio o...