Earnings Call Insights: John Wiley & Sons, Inc. (WLY) Q3 2026 Management View President and CEO Matthew Kissner stated, "The third quarter was fully in line with our stated expectations. Revenue performance was impacted by unfavorable comparables in Research, which we called out in the second quarter and soft market conditions in Learning. We continue to accelerate in all major areas of focus." He highlighted that "Research Publishing continues to outpace the market with global output up 11%, revenue up 4%, excluding AI revenue and steady growth in our multiyear renewals." Kissner announced a new multiyear partnership with OpenEvidence following the quarter close and noted that $7 million of AI revenue was realized. Kissner emphasized, "We're returning more cash to shareholders with repurchases doubling in Q3 to $70 million year-to-date as part of a $100 million full year target. We've returned $126 million in dividend and repurchases in just 9 months, a 37% increase over prior year." He announced the appointment of Armughan Rafat as Chief AI and Data Services Officer, bringing "over 25 years of experience leading technology and data organizations." Executive VP & CFO Craig Albright stated, "Research Publishing is growing at the high end of the market's long-term rate. AI revenue is tracking ahead of expectations. And importantly, we're beginning to see leading indicators of recurring revenue growth in new partnerships, pilots and pipeline, which is where the real value gets built. And our balance sheet is very strong, giving us the capacity to invest in high-return growth opportunities." Outlook Albright raised fiscal 2026 guidance: "We're raising our adjusted EBITDA margin and adjusted EPS guidance to the high end of the range, and we remain confident on all other metrics. Revenue growth is expected to be in the low single digits." Adjusted EBITDA margin is now expected "to finish at the high end of our 25.5% to 26.5% range, up from 24% last year." Adjusted EPS is...

Earnings Call Insights: Kura Oncology (KURA) Q4 2025 Management View Troy Wilson, Chairman, CEO & President, stated, "2025 was a defining year for Kura, marked by FDA approval of KOMZIFTI and initiation of a successful commercial launch." KOMZIFTI generated $2.1 million in net product revenue in the final weeks of 2025, and feedback from stakeholders emphasizes its "meaningful efficacy with differentiated safety, simplicity and combinability with concomitant medications in medically complex AML patients that matters." Wilson highlighted that KOMZIFTI is now listed in the FDA's Orange Book with patent protection through July 2044 and outlined a strategy to expand into frontline AML and combination settings, estimating the total U.S. opportunity at approximately $7 billion. Brian Powl, Chief Commercial Officer, emphasized the goal to "establish clear differentiation in the menin inhibitor class, deliver strong quarter-over-quarter growth and achieve leading-class share in relapsed/refractory NPM1-mutant AML." Powl noted that "prescription trends are strong and the qualitative feedback has been consistent and encouraging," with 84% of private payers establishing coverage within 90 days of approval. He also reported that some payers require step editing, mandating KOMZIFTI use before competitors, which he described as "a meaningful independent validation of KOMZIFTI's profile and competitive advantage." Mollie Leoni, Chief Medical Officer, described the development strategy as "the most comprehensive in the category" and noted that updated clinical data from frontline and relapsed/refractory settings will be presented in 2026. She emphasized the pursuit of combination strategies, including with FLT3 inhibitors, and expanding into solid tumors and resistance mechanisms via darlafarnib. Thomas Doyle, Senior Vice President of Finance & Accounting, reported, "net product revenue from KOMZIFTI sales was $2.1 million compared to none for the fourth quarter of 2024." Collabora...

Iranian officials have blamed the US and Israel for the attack, however neither country has accepted responsibility. Israel says it was not aware of any operations in the area, while US Defense Secretary Pete Hegseth said that Washington was still investigating the incident and that it would "never target, civilian targets".

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)

Turkcell Iletisim press release ( TKC ): FY revenues increased by 10.7% year-on-year to TRY 241 billion. EPS of TRY8.17 More on Turkcell Iletisim Turkcell Iletisim Hizmetleri A.S. 2025 Q4 - Results - Earnings Call Presentation Seeking Alpha’s Quant Rating on Turkcell Iletisim Historical earnings data for Turkcell Iletisim Dividend scorecard for Turkcell Iletisim Financial information for Turkcell Iletisim

格隆汇3月6日｜法国总统马克龙：黎巴嫩人有权享有和平与安全，正如中东地区的每一个人一样。

Two months ago, a key staffer for Sen. Ted Cruz said in a public meeting that she was "begging" NASA to release a document that would kick off the second round of a competition among private companies to develop replacements for the International Space Station. There has been no movement since then, as NASA has yet to release this "request for proposals." So this week, Cruz stepped up the pressure on the space agency with a NASA Authorization bill that passed his committee on Wednesday. Regarding NASA's support for the development of commercial space stations, the bill mandates the following, within specified periods, of passage of the law: Read full article Comments

Getty Images Listen below or on the go on Apple Podcasts and Spotify Oil surges as conflict threatens shipping through Strait of Hormuz. (0:15) Broadcom jumps, analysts praise strong outlook and AI demand . (1:41) Berkshire resumes share buybacks as CEO buys stock. (2:31) This is an abridged transcript of the podcast: Our top story so far, oil keeps rallying as the U.S.–Israel war on Iran enters its sixth day, with global supply threatened by attacks on critical infrastructure — and shipping traffic through the Strait of Hormuz almost fully stopped. Roughly 20% of the world’s daily oil consumption is now effectively trapped. Crude prices ( USO ) ( BNO ) are up another 5%. Prediction market Kalshi now shows it’s essentially a coin flip on whether Iran officially closes the Strait. The odds of Iran effectively keeping Hormuz closed for seven or more days: Before May 2026: 45% Before August 2026: 55% Before 2027: 53% UBS says renewed attacks on tankers in the Persian Gulf — along with Chinese measures to curb fuel exports — have pushed prices higher. The refined-product market is also showing signs of stress due to missing Middle East exports. A crude tanker near an Iraqi port was targeted by an Iranian remote-controlled explosive boat, and a second tanker anchored off Kuwait was taking on water after an explosion. China’s government has told major refiners to suspend exports of diesel and gasoline, prioritizing domestic supply as the regional conflict escalates. And Goldman Sachs says global oil prices likely will hit $100 per barrel if exports through Hormuz remain subdued for several weeks. Among active stocks, Broadcom ( AVGO ) is higher as Wall Street analysts praised the company’s “strong” outlook for 2027 — a sign that heavy AI spending is set to continue. Citi analyst Atif Malik reiterated his Buy rating after the results, saying any concerns about margins or competition were put to rest. Grocery Outlet ( GO ) is plunging after the company missed estimates and ...

Source: Bloomberg, 0:00

Intense waves of airstrikes have hit dozens of military positions, frontier posts and police stations along northern parts of Iran’s border with Iraq in what appears to be preparation by the US and Israel for a new front in their war. Iran has warned ‘separatist groups’ in this region against joining the widening conflict and launched strikes against Iraq-based Kurdish groups it described as ‘opposed to the revolution’. Could the involvement of these militant groups increase the risk of a civil war in Iran if the regime collapses? Nosheen Iqbal speaks to deputy head of international news Devika Bhat. Continue reading...

Source: Bloomberg, 4:26

HJBC Blue Bottle Coffee is reported to be in advanced talks to be sold by Nestlé S.A. ( NSRGY ) ( NSRGF ) to private equity firm Centurium Capital. The deal is described by sources as being in its final stages but has not yet been formally announced or priced. Centurium Capital is a major backer of Luckin Coffee ( LKNCY ). Nestlé ( NSRGY ) began formally exploring options for Blue Bottle in 2025 as part of a broader strategic review under new CEO Philipp Navratil, hiring Morgan Stanley to assess scenarios including a full sale or divesting only the cafés while keeping the intellectual property to continue selling branded products. Centurium reportedly sees Blue Bottle as a platform to further expand in premium specialty coffee, with potential synergies around Asia-Pacific store growth and packaged product development. Blue Bottle Coffee began in 2001 when former freelance clarinetist James Freeman started roasting tiny batches of coffee in a converted Oakland potting shed, promising to sell beans within 48 hours of roasting. Inspired by one of Europe’s earliest cafés, the historic Blue Bottle Coffee House in Vienna, he adopted its name and focused on meticulous sourcing, freshness, and simple drip preparations. Early growth came primarily through farmers markets and a small kiosk before cafés in the Bay Area, then expansion to New York and Los Angeles.​Venture backing from firms such as Google Ventures fueled rapid scaling of stores and roasting facilities across the U.S. and into Japan and South Korea, where Blue Bottle built a reputation as a minimalist, design‑driven coffee brand. In 2017, Nestlé ( NSRGY ) acquired a 68% majority stake in Blue Bottle at a valuation reported around $700M. The chain then was operated as a standalone brand within Nestlé’s ( NSRGY ) global coffee portfolio. More on Nestlé S.A. Nestlé: Strategic Reset Underway, Recall Noise But Volume Momentum Emerging Nestle: Ice Cream Exit Reflects Strategic Execution Nestlé S.A. 2025 Q4 - Results -...

格隆汇3月6日｜法国总统马克龙：法国将加强与黎巴嫩武装部队的合作。

Ben Jennings on the ‘end times’ and the US war on Iran – cartoon

Portolan Capital Management reported selling 4,643,280 shares of DigitalBridge Group (NYSE:DBRG) , an estimated $55.79 million trade based on quarterly average pricing, in a February 17, 2026, SEC filing. According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Portolan Capital Management reduced its stake in DigitalBridge Group by 4,643,280 shares during the fourth quarter of 2025. The estimated transaction value, based on the mean closing price over the quarter, was $55.79 million. The fund’s quarter-end position in DigitalBridge Group decreased in value by $51.32 million, reflecting both the sale and share price changes. DigitalBridge Group, Inc. is a leading investor and operator in the digital infrastructure sector, with a focus on assets critical to global connectivity. The company leverages its expertise to manage and grow a diversified portfolio of digital real estate, targeting high-demand segments such as data centers and fiber networks. Its scale and specialized focus position it to capitalize on the accelerating demand for digital infrastructure worldwide. Continue reading

The head of London Heathrow Airport said the Mideast war is posing an “operational challenge” as the hub faces hundreds of flight cancellations and a fleet of parked aircraft. The conflict’s impact on revenue has been minimal so far, Chief Executive Officer Thomas Woldbye said, but that may change if fighting persists. “It takes, of course, part of the top line off,” he said Thursday during an interview. “We have to see how long it lasts, but right now I’m fairly confident in the long term we’ll come back to our curve.” Europe’s busiest airport saw 300 flights scrapped since the conflict broke out, with more disruptions expected, Woldbye said. At the same time, about 18 jets are currently parked out of position because airspace closures in the Middle East are creating chaos for carriers. The airport formed a task force with airline customers to manage the fallout, and it provides them with updates three times a day, he said. Woldbye declined to say how much the disruption was costing per day. “We’re not talking a significant amount — not yet,” he said. “If it continues for a very long time, then we’ll have to look at that.” Heathrow’s annual revenue in 2025 grew almost 2% to £3.6 billion ($4.8 billion), while profit before tax fell 37%, the company reported last week.

Mario Tama/Getty Images News Streaming giant Netflix ( NFLX ) said Thursday it has acquired Ben Affleck's filmmaking tech company InterPositive for an undisclosed sum. InterPositive develops AI-powered tools and consists of a small team of engineers, researchers, and creatives. Affleck will also join the company as a senior advisor. The move comes in the aftermath of the bidding war for Warner Bros. Discovery ( WBD ) against Paramount Skydance ( PSKY ), in which the David Ellison-led media company emerged victorious and agreed to pay Netflix a $2.8B termination fee. Netflix is expected to invest up to $20B this year in films and series and to support new studio deals, live events, and gaming. More on Netflix Netflix, Inc. (NFLX) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Netflix: Moving Along On Its Own The Long Netflix, Short Paramount Trade: Sounds Great, Trades Terribly Netflix shares uptick for seven consecutive sessions; add over 25% in last six sessions President Trump's disclosures show he bought Netflix bonds amid the M&A drama

For truly massive deployments — more than 200,000 of Nvidia’s GB300 GPUs owned by one company, in one country — the host government would have to get involved. The US would only approve such exports to allies that make stringent security promises and “matching” investments in American AI, the people said, noting that the draft rule doesn’t specify an investment ratio. For context, 200,000 GB300s is the number that NScale, a UK company that specializes in renting AI chips to third parties, is planning to provide to Microsoft Corp. across four sites in the US and Europe. The firm described this deal as “one of the largest AI infrastructure contracts ever signed.” The specific approval process would depend on how much computing power a company wants, said the people, who asked not to be named discussing an ongoing policy debate. Shipments of up to 1,000 of Nvidia’s latest GB300 graphics processing units, or GPUs, would undergo a fairly simple review with certain exemption opportunities. Companies building bigger clusters would need preclearance before seeking export licenses. They could face conditions such as disclosing their business models or allowing the US government site visits, depending on the specifics of the data centers in question. President Donald Trump’s team has said repeatedly that they want the world to use American AI, and the draft rules aren’t meant to function as an Nvidia export ban. Rather, the regulation would set up the US government as gatekeeper for the AI industry: Companies — and in some cases, their governments — would have to seek the blessing of the US Commerce Department to buy the precious accelerators. How Trump’s team decides to dole out those licenses would then determine whether countries are able to build critical digital infrastructure, technology that many world leaders see as key to economic growth, corporate competitiveness and military sovereignty. Shares of Nvidia and AMD fell to session lows on the news Thursday. Nvidia dro...

US Mulls Requiring Permits for Global Nvidia, AMD AI Chip Sales Yahoo Finance

US Mulls Requiring Permits for Global Nvidia, AMD AI Chip Sales Bloomberg.com

Nvidia sinks on report of global AI chip export rules Investing.com

格隆汇3月6日｜市场消息：伊朗方面称目前没有关闭霍尔木兹海峡的意图。

Shares of Trade Desk were having their best day in nearly a year on Thursday amid reports of a potential partnership with OpenAI.

Escalating tensions between the United States and Iran are rippling through global aviation markets, weighing heavily on airline stocks. Heightened security risks across parts of the Middle East have prompted many carriers to suspend or reroute flights through the region, disrupting schedules and adding operational uncertainty. At the same time, a sharp rise in oil ( CL1:COM ) prices has intensified cost pressures for airlines, as fuel remains one of the industry’s largest expenses. The combination of higher operating expenses and geopolitical risk has sparked a broad sell-off across the sector in recent trading sessions. Over the past five days, shares of major carriers have broadly declined as investors reassess the near-term outlook for global air travel. Listed below are the 20 largest global airline companies by market capitalization and their respective five-day stock performance. Thai Airways International ( TAWNF ), -17.1% Alaska Air Group ( ALK ), -13.1% Singapore Airlines Limited ( SINGF ), -11.3% Qantas Airways Limited ( QUBSF ), -11.1% United Airlines Holdings ( UAL ), -8.2% Southwest Airlines ( LUV ), -8.0% LATAM Airlines Group S.A. ( LTM ), -7.9% Japan Airlines ( JAPSY ), -7.8% SkyWest ( SKYW ), -7.3% International Consolidated Airlines Group S.A. ( ICAGY ), -7.1% Delta Air Lines ( DAL ), -6.6% Ryanair Holdings ( RYAAY ), -6.1% EasyJet ( ESYJY ), -6.1% Copa Holdings, S.A. ( CPA ), -6.0% American Airlines ( AAL ), -5.7% Deutsche Lufthansa AG ( DLAKY ), -5.3% Air Canada ( ACDVF ), -4.4% Cathay Pacific Airways ( CPCAY ), -4.3% Joby Aviation ( JOBY ), -1.7% ANA Holdings ( ALNPY ), -0.2% Airline ETFs: ( JETS ), ( JETU ), and ( JETD ). More on markets US10Y climbs above 4.1% and hits a three-week high as inflation expectations rise Strait of Hormuz closure looks like a coin flip as traders forecast essentially 50-50 chance Apollo warns Strait of Hormuz disruption could rattle global energy supply Yield strategies shine: Dividend funds deliver one of their be...

Eoneren/iStock via Getty Images Equity markets have held up much better than expected this week given the opening up of a significant regional conflict in Iran, which has caused energy prices to spike. Well, at least U.S. equities have weathered the storm well. Asia stock markets have been hit with considerably more volatility in this week's trading sessions. Shiller PE Ratio (Multpl) The conflict in Iran is just the latest key worry for investors that has emerged in recent months. U.S. equities have remained quite resilient in recent weeks despite volatility rising and with the market trading at historically high valuations. However, these events have spurred major new questions for investors. And how these three key issues get resolved in the coming weeks and months could determine the direction of the markets. #1 - What Is The End Game In Iran? This is the question that will likely dominate the headlines in the coming days and weeks. To me, regime change in Iran seems a very unlikely outcome, outside a huge number of ' boots on the ground ', something the administration has stated it would avoid. No significant regime change in history has been accomplished via air power alone. A civil war like those recently in Libya or Syria is always a possibility over the longer term. But little appears to be happening on the ground in Iran to point to that scenario. If a civil war took place in Iran, there could be a migrant inflow into Europe that would make the Syrian migration wave of the mid-2010s look like a walk in the park. Iran has some 90 million people, and the country is roughly half the size of Europe on a land mass basis. While using $4 million Patriot missiles to shoot down $25,000 drones and $250,000 to $500,000 ballistic missiles is a great business model for Raytheon ( RTX ) , it is not a cost-effective way to fight a war. More importantly, it is not sustainable given the limited number of interceptors in the U.S. arsenal and needs in other regions (Ukraine)...

格隆汇3月6日｜乌克兰总统泽连斯基：乌克兰已收到美国请求，希望乌克兰协助应对中东地区的无人机问题。