Vista Gold press release ( VGZ ): FY GAAP EPS of -$0.06 in-line. Cash and cash equivalents totaled $13.6 million at December 31, 2025, compared to $16.9 million at December 31, 2024. On March 9, 2026, the Company closed an underwritten public offering of 17,940,000 common shares for total gross proceeds of $44.85 million. Vista continued to have no debt. More on Vista Gold Vista Gold slides after ...
Vista Gold press release ( VGZ ): FY GAAP EPS of -$0.06 in-line. Cash and cash equivalents totaled $13.6 million at December 31, 2025, compared to $16.9 million at December 31, 2024. On March 9, 2026, the Company closed an underwritten public offering of 17,940,000 common shares for total gross proceeds of $44.85 million. Vista continued to have no debt. More on Vista Gold Vista Gold slides after launching $30M public stock offering Seeking Alpha’s Quant Rating on Vista Gold Historical earnings data for Vista Gold Financial information for Vista Gold
Shares of Navitas Semiconductor (NASDAQ:NVTS) , developer of gallium nitride (GaN) and silicon carbide (SiC) power semiconductors for efficient power conversion, closed at $10.84, up 24.88% on Wednesday. Shares surged after the company launched new SiC MOSFET and AI-focused power platforms. Investors are watching how AI data center and power infrastructure demand translate into sustained revenue g...
Shares of Navitas Semiconductor (NASDAQ:NVTS) , developer of gallium nitride (GaN) and silicon carbide (SiC) power semiconductors for efficient power conversion, closed at $10.84, up 24.88% on Wednesday. Shares surged after the company launched new SiC MOSFET and AI-focused power platforms. Investors are watching how AI data center and power infrastructure demand translate into sustained revenue growth. Trading volume reached 54.7 million shares, coming in about 161% above its three-month average of 20.9 million shares. Navitas Semiconductor IPO'd in 2021 and has fallen 15% since going public. The S&P 500 slipped 0.10% to finish Wednesday’s session at 6,775, while the Nasdaq Composite inched up 0.08% to close at 22,716. Among semiconductors and related devices, Wolfspeed closed at $18.2, up 9.77%, while ON Semiconductor ended at $59.24, down 0.59%, highlighting mixed sentiment among power-chip peers. Navitas Semiconductor’s ambitions to reinvent itself took a tangible step forward today. Shifting its focus from mobile and consumer semiconductor sales to AI data centers, energy and grid infrastructure, high-performance computing, and industrial electrification, Navitas released two new semiconductor power packages that could set a new standard for the niche. Continue reading
Apollo Global Management Inc. is preparing to start reporting the net asset values of its credit funds on a monthly basis, with aims for daily NAVs and third-party valuations over time. Aaron Weinman has more on "Bloomberg The Close." (Source: Bloomberg)
Apollo Global Management Inc. is preparing to start reporting the net asset values of its credit funds on a monthly basis, with aims for daily NAVs and third-party valuations over time. Aaron Weinman has more on "Bloomberg The Close." (Source: Bloomberg)
The key to working at a place like Ars Technica is solid news judgment. I'm talking about the kind of news judgment that knows whether a pet peeve is merely a pet peeve or whether it is, instead, a meaningful example of the Ways that Technology is Changing our World. The difference between the two is one of degree: A pet peeve may drive me nuts but does not appear to impact anyone else. A Ways tha...
The key to working at a place like Ars Technica is solid news judgment. I'm talking about the kind of news judgment that knows whether a pet peeve is merely a pet peeve or whether it is, instead, a meaningful example of the Ways that Technology is Changing our World. The difference between the two is one of degree: A pet peeve may drive me nuts but does not appear to impact anyone else. A Ways that Technology is Changing our World story must be about something that drives a lot of people nuts. "But where is the threshold?" I hear you asking plaintively. "It's extremely important that I know when something crosses the line from pet peeve to important, chin-stroking journalism topic!" Read full article Comments
Bird Construction press release ( BIRDF ): Q4 Non-GAAP EPS of C$0.57. Constructive revenue of C$887M (-5.3% Y/Y) More on Bird Construction Inc. Historical earnings data for Bird Construction Inc. Dividend scorecard for Bird Construction Inc. Financial information for Bird Construction Inc.
Bird Construction press release ( BIRDF ): Q4 Non-GAAP EPS of C$0.57. Constructive revenue of C$887M (-5.3% Y/Y) More on Bird Construction Inc. Historical earnings data for Bird Construction Inc. Dividend scorecard for Bird Construction Inc. Financial information for Bird Construction Inc.
Andrii Dodonov/iStock via Getty Images Business development companies ("BDCs") were quite overvalued over the last 2 years, and we were advocating for the sector's bonds throughout that period. Now that the sector is in panic mode, the comparison between bonds and equity is not as straightforward as it was, and some companies are priced in a way that makes us prefer equity exposure. Recently, on M...
Andrii Dodonov/iStock via Getty Images Business development companies ("BDCs") were quite overvalued over the last 2 years, and we were advocating for the sector's bonds throughout that period. Now that the sector is in panic mode, the comparison between bonds and equity is not as straightforward as it was, and some companies are priced in a way that makes us prefer equity exposure. Recently, on March 04, 2026, PennantPark Floating Rate Capital ( PFLT ) issued a new over-the-counter bond with a 6.75% coupon rate. The bond has close to 3 years to maturity, with a maturity date on 03/04/2029. As we examine all bond IPOs in the sector, we want to put this one to the test and see whether its risk-adjusted profile is better than its own equity profile. The new issue. PFLT's new bond (pflt.pennantpark.com) The bond is issued as an effort by the company to reduce its secured debt exposure, and the price they pay is a spread over the 3-year Treasury of around 3%. So we have a 3-year bond with a 3% spread over treasuries, issued at a time when the sector's average bond yield has a very similar spread. The benchmark companies are able to finance at lower yields and an average credit spread of around 2%. PFLT In Details At the end of 2025, PFLT has close to 160 investments - primarily in first lien, senior secured loans - close to 78%. PFLT's asset portfolio (pflt.pennantpark.com) The total assets are close to $2.72 billion. Only 3.5% of them are in cash and cash equivalents: PFLT's earnings (pflt.pennantpark.com) And in the next chart is shown the debt of the company: PFLT's debt (pflt.pennantpark.com) The company's 10-year total return is close to 7%, near the average for the peer group, and the 3-year return is around 8.9%. PFLT's total returns (cefdata.com) Historical Premiums/Discounts PFLT's premium/discount chart (cefdata.com) The 10-year premium/discount chart for the company is shown above. Currently, PFLT trades at a close to 20% discount, which is near the lowest di...
Watch Xanadu Fireside Chat Below: IPO Edge hosted a fireside chat with Xanadu on March 11, 2026. The live event featured Christian Weedbrook, founder and Chief Executive Officer of Xanadu, moderated by IPO Edge Editor-in-Chief John Jannarone and Editor-at-Large Jarrett Banks in a video session lasting approximately 40 minutes including a Q&A with the audience. Xanadu also announced that it is nego...
Watch Xanadu Fireside Chat Below: IPO Edge hosted a fireside chat with Xanadu on March 11, 2026. The live event featured Christian Weedbrook, founder and Chief Executive Officer of Xanadu, moderated by IPO Edge Editor-in-Chief John Jannarone and Editor-at-Large Jarrett Banks in a video session lasting approximately 40 minutes including a Q&A with the audience. Xanadu also announced that it is negotiating an up to CAD $390 million initiative with the Government of Canada and the Government of Ontario to establish advanced semiconductor and photonic manufacturing capabilities for the country’s quantum technology supply chain. To watch the replay, CLICK HERE. Mr. Weedbrook discussed: Why photonic quantum computing offers distinct advantages in energy efficiency, scalability, and networkability The story of Xanadu’s journey from startup to $3.1B valuation and what the SPAC deal with Crane Harbor Acquisition Corp. (Nasdaq: CHAC) means for the quantum computing industry Predictions for quantum breakthroughs across industries through 2026 Mr. Weedbrook’s personal journey from quantum researcher to visionary entrepreneur About Xanadu Xanadu is a Canadian quantum computing company with the mission to build quantum computers that are useful and available to people everywhere. Founded in 2016, Xanadu has become one of the world’s leading quantum hardware and software companies. The Company also leads the development of PennyLane, an open-source software library for quantum computing and application development. Visit xanadu.ai or follow us on X @XanaduAI. About Crane Harbor Acquisition Corp Crane Harbor Acquisition Corp. (Nasdaq: CHAC) is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. About Christian Weedbrook Mr. Weedbrook is our founder and has served as our Chief Executive Officer and a member of our board of directors since Sep...
matejmo Hedge fund positioning across U.S. equities ( SP500 ), ( DJI ), ( COMP:IND ) has created a setup for stocks to surge sharply higher after their recent pullback, according to John Flood, Goldman Sachs’s head of Americas equities execution services and partner. He said bearish bets on macro products like exchange-traded funds and index futures have reached their highest level since September...
matejmo Hedge fund positioning across U.S. equities ( SP500 ), ( DJI ), ( COMP:IND ) has created a setup for stocks to surge sharply higher after their recent pullback, according to John Flood, Goldman Sachs’s head of Americas equities execution services and partner. He said bearish bets on macro products like exchange-traded funds and index futures have reached their highest level since September 2022, creating conditions where positive news could trigger a 2% to 3% gain “in a straight line” as investors rush to cover their short positions. “If we were to get a headline declaring the conflict over, you could see a sharp move higher at the index level,” he said, adding that “most of that would be that macro product covering.” The current positioning reflects a market grappling with uncertainty from the Iran war, credit fears, and concerns over artificial intelligence, according to the strategist. Gross exposure among hedge funds, which measures the total value of long and short positions, is currently near an all-time high at 307%, the bank’s prime brokerage team data shows. “Right tail risk is more extreme than left tail risk right now,” Flood said, explaining that “because gross exposure is so high and we’ve seen so much shorting in macro products, any positive headline could trigger aggressive covering.” Markets already experienced a taste of this dynamic on Monday when U.S. President Donald Trump said the war with Iran would resolve “very soon.” according to Goldman. The S&P 500 ( SP500 ) closed 0.8% higher after an earlier 1.5% drop, with traders attributing much of the rebound to short-covering activity. Meanwhile, Goldman’s corporate buyback desk saw one of its busiest periods for executing share repurchases in three years during the recent pullback, providing additional support to equities, Flood noted. However, technical fragility remains a concern as liquidity across markets has deteriorated sharply, according to the strategist. Goldman estimates that top-...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up here . The International Energy Agency’s plan to release the most oil ever from its member states’ reserves is poised to counteract recent price gains for Canadian producers. IEA members agreed to discharge 400 million barrels in response to ...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up here . The International Energy Agency’s plan to release the most oil ever from its member states’ reserves is poised to counteract recent price gains for Canadian producers. IEA members agreed to discharge 400 million barrels in response to the war in Iran — more than double what was released in 2022 after Russia invaded Ukraine. While the IEA has yet to break down the types of oil included in today’s agreement, history indicates that such volumes may hurt Canada’s energy companies, especially if the oil is high in sulfur like the crude produced in the oil sands. The 2022 release widened Canadian heavy crude’s discount to a monthly average of US benchmark West Texas Intermediate to more than $30 by September of that year. Today, the discount stands at roughly $13, which is about 6% narrower than before the war in Iran. This time, things might be better for Canada, said Martin King of RBN Energy. “I think the effect will not be quite as pronounced in terms of bearishness, simply because the world is still — at least as far as we know as of today — facing a pretty decent shortage of medium sour barrels coming out of the Persian Gulf,” he said. Canada doesn’t hold a US-style strategic petroleum reserve but has pledged to help . The government is asking companies to release some of their inventories or delay spring maintenance work. But Canadian producers are limited by the availability of export pipelines, which are fairly full, King said. “They could request all they want, but if pipelines are full, then you’re kind of stuck,” he said. Also in this newsletter: a fourth opposition member crosses the floor , coffee is more expensive and the latest on tariff refunds . The following was produced with the assistance of Bloomberg Automation. Top stories Bank of Nova Scotia’s board gave CEO Scott Thomson a 28% raise , ...