Anna Moneymaker/Getty Images News "I was supportive of pausing" rate cuts at the Federal Reserve's January meeting to assess the impacts of the reductions the central bank had implemented in the last few months of 2025, Fed Vice Chair for Supervision Michelle Bowman said on Thursday. She said she has seen more signs of stabilizing in the labor market. Next week the monetary policymakers will get m...
Anna Moneymaker/Getty Images News "I was supportive of pausing" rate cuts at the Federal Reserve's January meeting to assess the impacts of the reductions the central bank had implemented in the last few months of 2025, Fed Vice Chair for Supervision Michelle Bowman said on Thursday. She said she has seen more signs of stabilizing in the labor market. Next week the monetary policymakers will get more data on inflation with the February PCE report. Bowman will also be watching how the Iran conflict impacts markets, especially energy markets, but it's too early to tell what the effects will be, she said at a New York Bankers Association conference on the economy and innovation. "As we were easing, that was meant to encourage investments at businesses," she said, adding that "it may have worked," as labor market measures have stabilized. As head of bank supervision at the Fed, Bowman reiterated her focus on risks that lead to bank failures, rather than more ancillary matters. Developing… Check back for updates. More on Banking and Regulation Crypto bill hits new impasse, as banks reject White House compromise - report Fed's Bowman supports easing regulations to allow banks to compete with non-bank financial institutions Fed proposes rules to bring mortgages back to the big banks
undefined undefined/iStock via Getty Images Richmond Federal Reserve Bank President Tom Barkin said how the Fed responds to the Iran war will depend on how long it impacts the U.S. economy. “Gas prices, obviously, if they’re up, that is inflationary,” Barkin told Bloomberg TV on Thursday . “Textbook monetary policy would be you look through a short-term shock, but you don’t look through a long-ter...
undefined undefined/iStock via Getty Images Richmond Federal Reserve Bank President Tom Barkin said how the Fed responds to the Iran war will depend on how long it impacts the U.S. economy. “Gas prices, obviously, if they’re up, that is inflationary,” Barkin told Bloomberg TV on Thursday . “Textbook monetary policy would be you look through a short-term shock, but you don’t look through a long-term shock, and I think that’s a lot of the assessment people are going to have to make.” Barkin also noted that economic data has indicated “a couple months of relatively high inflation,” adding it “certainly puts pause to any conclusion that we’re done fighting this.” The Federal Open Market Committee is slated to meet March 17-18. Barkin currently serves as an alternate voting member of the committee. More on SPDR S&P 500 ETF Trust, Vanguard 500 Index Fund ETF 3 Major Questions For Investors In March Forget Iran, South Korea Is The Real Threat To Markets Oil Spike May Scramble The Fed's Policy Script As War In Iran Continues Trump TACO trade doesn't work in war, Kolanovic says Strait of Hormuz closure looks like a coin flip as traders forecast essentially 50-50 chance
Shares of optics maker Corning are tumbling Thursday, likely in response to comments from well-respected Broadcom CEO Hock Tan on the chipmaker's earnings call the prior evening. But the market reaction seems like a clear-cut overreaction based on Corning's own guidance and industry outlook. A key pillar of our investment thesis in Corning is the growing use of fiber-optics technology in the data ...
Shares of optics maker Corning are tumbling Thursday, likely in response to comments from well-respected Broadcom CEO Hock Tan on the chipmaker's earnings call the prior evening. But the market reaction seems like a clear-cut overreaction based on Corning's own guidance and industry outlook. A key pillar of our investment thesis in Corning is the growing use of fiber-optics technology in the data center, ultimately replacing copper as a means to transmit data. On Wednesday night, Tan weighed in on this transition and his commitment to copper in a specific use case appears to what's driving the decline in fellow Club name Corning. Before digging into Tan's comments, let's first define some key terms used when discussing the construction of data centers and, in particular, networking together all the various parts to deliver fast, reliable AI computing. These terms are "scale-up" and "scale-out." Scale-up refers to the connections within a single server rack — essentially those filing-cabinet looking structures containing a bunch of computing components. With scale-up, we're talking about connecting various chips together so they operate as one giant chip. Because this is about connections within a single rack, the distance between connections are very short. Scale-out, on the other hand, refers to the connections made between racks throughout the data center. There are rows upon rows of server racks in AI data centers. With scale-out, we're talking much larger distances between end points. That means the data has more ground to cover. Now, back to the Broadcom call . When discussing Broadcom's networking roadmap during his prepared remarks, Tan said Broadcom's customers would likely continue to "stay on direct-attached copper" until at least 2028. Then, during the question-and-answer portion of the call, Tan was asked to elaborate on that copper comment. In response, Tan said he was referring only to scale-up solutions on the 2028 timeline. He noted that for scale-ou...
Panorama of vivid yellow tailings from abandoned Memi pyrite mine on Cyprus with area being restored and reforestation going on photomaru/iStock via Getty Images Analysis The BlackRock Resources & Commodities Strategy Trust ( BCX ) holds a basket of large, globally recognized energy and natural resource companies across the globe. As the commodity cycle appears to be in play, coupled with increasi...
Panorama of vivid yellow tailings from abandoned Memi pyrite mine on Cyprus with area being restored and reforestation going on photomaru/iStock via Getty Images Analysis The BlackRock Resources & Commodities Strategy Trust ( BCX ) holds a basket of large, globally recognized energy and natural resource companies across the globe. As the commodity cycle appears to be in play, coupled with increasingly unpredictable and volatile developments across global markets, economies, and commodities—BCX provides exposure to companies that are natural beneficiaries of sustained strength in commodities. At the same time, such exposure offers a partial hedge against broader market underperformances, when caused due to sudden energy-price shocks or continued commodity inflations. Seeking Alpha The above positions constitute about half of the fund’s portfolio. These are mature, large-scale commodity and energy businesses, generally trading at reasonable if not entirely cheap — valuation multiples, and capable of benefiting meaningfully from spikes in commodity prices. BCX had a increase in NAV of approximately around $1.96 for FY25, a strong performance. That is in addition to distributions of $0.8364 made by the fund. Data by YCharts The increase in market price, however exceeded the increase in net asset value, thus reducing the discount from NAV. The market value increased from $8.54 to $10.98 approximating $2.44 gain in market value vs $1.96 (pg.27-annual report) in net asset values. The current dividend of $0.0697 paid out monthly approximates to 6.6% per annum. That's decent considering the possibility for capital appreciation as well. Do note however, that this is distribution in true sense, being composed of earnings, capital gains and NAV payback. However, the current discount of market price to nav is around 5.34% — which is on usually lower end of historical NAV to Market Price relationship; thus conveying increased investors demand for the ETF, although at the same tim...
And if the historical cycle holds, the current weakness may ultimately prove to be a sign of structural strength rather than decline. According to Van Eck, corporations are drawn to blockchain for 24/7 transaction visibility, transparency, and cross-collateralization, but they want control. Trending: Build your own AI-powered index in minutes — and earn an uncapped 1% match when you move your port...
And if the historical cycle holds, the current weakness may ultimately prove to be a sign of structural strength rather than decline. According to Van Eck, corporations are drawn to blockchain for 24/7 transaction visibility, transparency, and cross-collateralization, but they want control. Trending: Build your own AI-powered index in minutes — and earn an uncapped 1% match when you move your portfolio to Public. Learn how it works. He suggested 2026 could usher in "corporate blockchain wars," as major financial institutions choose their transaction infrastructure, whether open decentralized networks like Ethereum and Solana , or private, permissioned blockchains built by corporations such as JPMorgan Chase, Coinbase, or Circle. In his view, Bitcoin is approaching a cyclical bottom, a reset that could lay the groundwork for the next long-term expansion phase. He described 2026 as the fourth year of Bitcoin's historical cycle, which has typically been a bearish year following three years of gains. Under this framework, sharp corrections are a normal and healthy part of the cycle. Addressing concerns that stablecoins could make Bitcoin less relevant, especially with BTC still roughly 50% below its October highs, Van Eck highlighted two enduring fundamentals: Speaking on CNBC on Monday, Van Eck said geopolitical tensions involving Iran are prompting crypto users to think more seriously about how capital moves globally, particularly as crypto-friendly hubs like Dubai gain importance. Jan Van Eck argues that current volatility isn't just about Bitcoin but reflects a broader move across the entire crypto ecosystem, including large-cap names like Coinbase and Circle . Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Story Continues Image: Shutterstock Read Next: Building Wealth Across More Than Just the Market Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, secto...
Olga Gont/iStock via Getty Images Anyone who has spent even a small period of time over the last few years looking into the U.S. stock market pretty quickly has come to realize that the whole thing is largely one big bet on artificial intelligence (AI). The technology is unproven from an economic perspective, however, and significant debate persists regarding the extent of the economic value it wi...
Olga Gont/iStock via Getty Images Anyone who has spent even a small period of time over the last few years looking into the U.S. stock market pretty quickly has come to realize that the whole thing is largely one big bet on artificial intelligence (AI). The technology is unproven from an economic perspective, however, and significant debate persists regarding the extent of the economic value it will create. Put another way, things are highly speculative in this space. What’s more, the industry has been propped up, in large part, through a web of circular financing arrangements, which have raised eyebrows and caused many to express concerns about the viability of what is going on in this industry. In this article, I’m going to explore some recent news that has just come out, which may spell the beginning of the unwinding of that web of circular deals. If this is the right interpretation, it would seem to be very bad news for the industry, the stock market that depends upon it, and the U.S. economy that depends upon the stock market. Why It Matters To begin, I think it’s important to step back and understand why this is such a big deal. In simplistic terms, the AI value chain looks like this: Source: Created by Author If the AI industry were functioning in a healthy, sustainable way, the AI model makers would be unambiguously creating significant enough value for end users such that end users would be willing to pay in a commensurate way for the value those AI model makers were providing them such that they would be covering the costs of the AI model makers and allowing for the making of a profit. This, however, is not what is happening. Instead, with the AI industry we actually have, we see end users being unwilling to pay anywhere near a sufficient amount to cover the costs of the AI model makers, much less allow for the making of any profit. The crucial elements to recognize here are the following: The level of value that AI model makers are providing end users see...
The US and Israel started a war that is escalating rapidly, with repercussions beyond the region too There will be no quick or easy wins – even on US and Israeli terms. They have celebrated assassinating Iran’s supreme leader; their offensive has also killed more than 1,000 civilians so far, including scores of children, according to a US-based rights group . As Iran retaliates, hoping America’s a...
The US and Israel started a war that is escalating rapidly, with repercussions beyond the region too There will be no quick or easy wins – even on US and Israeli terms. They have celebrated assassinating Iran’s supreme leader; their offensive has also killed more than 1,000 civilians so far, including scores of children, according to a US-based rights group . As Iran retaliates, hoping America’s allies will try to rein it back, it is targeting US bases and civilian sites across the region – even in Oman, which was at the forefront of efforts to stave off the war. Gulf powers are increasingly irate, though wary of acting on threats to go beyond defensive action. Israel has ordered hundreds of thousands of civilians to leave a vast swathe of southern Lebanon, blaming Hezbollah’s retaliation for the killing of Ayatollah Ali Khamenei. Those who warned that the US-Israeli attack on Iran would lead to war engulfing the Middle East have proved, if anything, conservative in their predictions. A Hezbollah-launched drone hit an RAF airbase in Cyprus at the weekend. On Wednesday, Azerbaijan reported strikes on an airbase (though Iran denied responsibility, as it did over a missile fired towards Turkey ). The day before, the US sank an Iranian warship 2,000 miles away, in waters close to Sri Lanka, as it returned from multilateral exercises with India – killing at least 87 people. And governments around the world face soaring energy prices and rattled markets thanks to Iran’s chokehold on the strait of Hormuz. Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...
Oracle Prepares To Axe Thousands Of Jobs In New Layoff Round Shares of Oracle moved lower in New York shortly after lunchtime after Bloomberg News reported that the company is preparing to lay off thousands of workers as it spends aggressively on AI data center buildouts. The timing is not ideal: credit markets are starting to crack, concerns about Blue Owl are mounting , and the data center CapEx...
Oracle Prepares To Axe Thousands Of Jobs In New Layoff Round Shares of Oracle moved lower in New York shortly after lunchtime after Bloomberg News reported that the company is preparing to lay off thousands of workers as it spends aggressively on AI data center buildouts. The timing is not ideal: credit markets are starting to crack, concerns about Blue Owl are mounting , and the data center CapEx boom is looking increasingly frothy. The planned cuts will affect divisions across the company and may be implemented by the end of this month, according to the outlet, citing people familiar with the matter who asked not to be named. Some of the cuts will target jobs that AI will replace, according to two people familiar with the plans. Wall Street analysts forecast that the cloud unit's data center spending will drive Oracle's cash flow negative through the end of the decade, with a payoff not expected until 2030. Oracle has said it may raise up to $50 billion this year through debt and equity to fund data center buildouts. This week, Oracle internally announced that it would review many of the open job listings in its cloud division, effectively slowing or freezing the hiring process, according to the sources. Separately, Oracle previously disclosed its largest-ever restructuring plan, up to $1.6 billion in the fiscal year ending May (including severance). That disclosure helped push ORCL CDS wider, and the spread has since blown out to its widest level since the 2008 financial crisis. It seems as though the stock has a lot of catching up to do. The latest Bloomberg data show the company has 162,000 employees globally as of the end of May 2025. There is no definitive number on how many workers will be laid off in the coming weeks. The people Bloomberg cited said these plans are still active and could change. We can certaintly call a top in the number of Oracle employees this decade. Tyler Durden Thu, 03/05/2026 - 13:30
gopixa/iStock via Getty Images Strategy overview The Fund combines an actively-managed quantitative equity investment strategy with a call writing option strategy, seeking to create a diversified portfolio with enhanced total return potential and strong downside capture over a full market cycle. Key takeaways During the quarter, the equity sleeve underperformed the reference Index primarily due to...
gopixa/iStock via Getty Images Strategy overview The Fund combines an actively-managed quantitative equity investment strategy with a call writing option strategy, seeking to create a diversified portfolio with enhanced total return potential and strong downside capture over a full market cycle. Key takeaways During the quarter, the equity sleeve underperformed the reference Index primarily due to the lower beta positioning and higher dividend yield. Conversely, the core model, particularly the sentiment pillar contributed the most. Global conditions in 4Q25 shifted toward monetary easing as inflation moderated and labor markets softened, prompting the U.S. Federal Reserve to cut rates. Tariff pressures persisted, but cautious consumer spending helped prevent inflation from sticking. U.S. gross domestic product (GDP) growth slowed yet remained positive, favoring large-cap equities supported by strong fundamentals and artificial intelligence ( AI )-driven productivity. Looking ahead to early 2026, global equities remain uneven. Europe and the United Kingdom face fiscal and structural challenges, while Japan benefits from reforms. China struggles with property stress and weak consumer confidence, though tech-linked offshore equities offer opportunities. Emerging markets ( EM ) are mixed, and international bonds remain less attractive. Portfolio review For the quarter, the Voya Global Advantage and Premium Opportunity Fund provided a total return of 1.07% on a net asset value basis and a total return of 0.57% on a market price basis. For the same period, the Fund's reference Index, the MSCI World Value Index, returned 3.34% During the quarter, the Fund's equity sleeve underperformed the Index. The largest detractors were the lower beta positioning and higher dividend yield, while the core model contributed. On the regional level, stock selection in United Kingdom, Japan, and Europe – Euro regions detracted., and selection in the Europe – Non-Euro contributed the most. ...
Harbour Energy plc press release ( HBRIY ): Increased FY revenue and other income of $10.3B (2024: $6.2B) and adjusted EBITDAX of $7.2 billion (2024: $4.1B). More on Harbour Energy plc Harbour Energy plc 2025 Q4 - Results - Earnings Call Presentation Harbour Energy: Another Acquisition Harbour Energy plc (HBRIY) Harbour Energy plc, - M&A Call - Slideshow Seeking Alpha’s Quant Rating on Harbour Ene...
Harbour Energy plc press release ( HBRIY ): Increased FY revenue and other income of $10.3B (2024: $6.2B) and adjusted EBITDAX of $7.2 billion (2024: $4.1B). More on Harbour Energy plc Harbour Energy plc 2025 Q4 - Results - Earnings Call Presentation Harbour Energy: Another Acquisition Harbour Energy plc (HBRIY) Harbour Energy plc, - M&A Call - Slideshow Seeking Alpha’s Quant Rating on Harbour Energy plc Historical earnings data for Harbour Energy plc
Justin Sullivan/Getty Images News Meta ( META ) is facing a new lawsuit in the U.S. over privacy concerns of its AI smart glasses, TechCrunch reported on Thursday, following an investigative report by Swedish newspapers that said workers at a Kenya-based subcontractor are reviewing footage from Meta’s glasses, which includes sensitive content, like nudity, sex, and people using the toilet. The U.S...
Justin Sullivan/Getty Images News Meta ( META ) is facing a new lawsuit in the U.S. over privacy concerns of its AI smart glasses, TechCrunch reported on Thursday, following an investigative report by Swedish newspapers that said workers at a Kenya-based subcontractor are reviewing footage from Meta’s glasses, which includes sensitive content, like nudity, sex, and people using the toilet. The U.S. lawsuit, filed by Clarkson Law Firm, alleges that Meta violated privacy laws and engaged in false advertising. The suit charges Meta and its glasses manufacturing partner Luxottica of America ( ESLOF ) with conduct that violates consumer protection laws. Meta claimed it was blurring faces in images, but sources told the Swedish newspapers that the blurring did not work consistently. The investigative report also prompted the U.K. regulator, the Information Commissioner’s Office, to further probe the matter. "Ray-Ban Meta glasses help you use AI, hands-free, to answer questions about the world around you. Unless users choose to share media they’ve captured with Meta or others, that media stays on the user’s device," Meta spokesperson Christopher Sgro told TechCrunch . "When people share content with Meta AI, we sometimes use contractors to review this data for the purpose of improving people’s experience, as many other companies do. We take steps to filter this data to protect people’s privacy and to help prevent identifying information from being reviewed." More on Meta Meta: Time To Sit On The Fence (Downgrade) Meta Platforms, Inc. (META) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Meta Platforms: The Growth Machine That Keeps On Giving Meta to allow rival AI chatbots on WhatsApp following EU scrutiny Tech sector volatility creates ‘interesting time to step in’ – Evercore’s Mahaney
Worsening health is only part of the reason for the concerning rise in young people who are neither studying nor working Launching a review into unemployment and economic inactivity among young people in December, the former health secretary Alan Milburn described the situation as a “national outrage”, and suggested that a “coalition of the concerned” would be needed to turn things around for the ...
Worsening health is only part of the reason for the concerning rise in young people who are neither studying nor working Launching a review into unemployment and economic inactivity among young people in December, the former health secretary Alan Milburn described the situation as a “national outrage”, and suggested that a “coalition of the concerned” would be needed to turn things around for the 16- to 24-year-olds known as Neets (not in education, employment or training). The latest figures, showing another increase in the final quarter of last year, to 957,000, underline the scale of the problem. The review is evidence that ministers are paying attention. The “youth guarantee” in the autumn budget means that £820m will be spent on paid work placements for 18- to 21-year-olds. But further bold reforms are needed if young adults are to be enabled to flourish. Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...
Mak Studio/iStock Editorial via Getty Images Southwest Airlines Co. ( LUV ) is one of the most interesting broken-model stories in the US. The airline, once a low-cost disruptor that nearly reinvented the economics of air travel in the 1960s, is now attempting to restructure its business model. While the company's operational and financial performance has yet to show definitive signs of sustainabl...
Mak Studio/iStock Editorial via Getty Images Southwest Airlines Co. ( LUV ) is one of the most interesting broken-model stories in the US. The airline, once a low-cost disruptor that nearly reinvented the economics of air travel in the 1960s, is now attempting to restructure its business model. While the company's operational and financial performance has yet to show definitive signs of sustainable improvement, the stock reached a pre-pandemic peak of around $55 per share early last month before being knocked back 15% to $47 by the Middle East crisis in the past few days (see below, compared to the broad airline sector, in orange). Data by YCharts Today, I ask whether LUV is a stock worth betting on at current levels. Below, I will argue that, while expectations for improved business fundamentals may lead to a large leap forward in earnings as soon as this year, valuations have already raced to where the market believes the puck is heading, effectively shutting the gate to value investors. Nothing Wrong With The Airline Sector In my recent American Airlines ( AAL ) article, I explained in more detail my views on the airline sector at large, which is heavily swayed by macroeconomic forces: Airline revenues are somewhat reliably predicted by a few leading indicators of economic activity, in the following order of importance: jobless claims (a reflection of the strength in the US job market), consumer expectations of future business conditions (a barometer of travelers' confidence in what lies ahead for the economy), and building permits (likely more of a broad gauge of economic strength rather than something travel-specific). Based on the stability of the leading indicators above, I believe that we are in the middle or middle-to-late stages of the economic cycle. Therefore, I find it most likely that occupancy and prices will remain largely stable, at least over the next four quarters, assuming that nothing significant changes in the economy—for example, the negative ...
Bond options traders are increasingly betting that the Federal Reserve will forgo any rate cuts this year, as an intensifying conflict in the Middle East boosts oil prices and threatens to push up inflation. Traders as of Wednesday were pricing in a 25% chance that the Fed will hold the benchmark interest rates within the current range by December, according to data compiled by the Atlanta Fed . T...
Bond options traders are increasingly betting that the Federal Reserve will forgo any rate cuts this year, as an intensifying conflict in the Middle East boosts oil prices and threatens to push up inflation. Traders as of Wednesday were pricing in a 25% chance that the Fed will hold the benchmark interest rates within the current range by December, according to data compiled by the Atlanta Fed . That’s up from 17% on Friday, the last trading day before the Iran war kicked off. The no-cut scenario was the single most likely outcome among all the possibilities. Other scenarios included a 24% chance of one quarter-point cut and 12% for two reductions, according to the Atlanta Fed. Traders even saw a 16% chance of rate hikes, up from 8% on Friday. The data is calculated based on options on Secured Overnight Financing Rate (SOFR) futures , which are tied to the Fed policy rate. “When the price of oil spiked, we have to think about its impact on inflation,” said Dan Carter , a senior portfolio manager at Fort Washington Investment Advisors. “This is going to impact inflation in the upward direction and makes it less likely that the Fed is going to be able to cut.” Of course, the overall distribution still leans toward rate cuts, when all the possible scenarios are combined. But the shift in pricing shows how traders have grown far less confident that the Fed will be able to lower borrowing costs at all, as crude oil climbed almost 20% so far this week. Options flows in the last few days show consistent demand for hedges against the risks of less Fed easing. The market for interest-rate swaps — another instrument used to bet on Fed policy — also reflects a shift toward a less dovish central bank. Traders are pricing in about 35 basis points of rate cuts by year-end, compared with about 60 basis points at the end of last week. The tempering of Fed cut expectations sparked a Treasuries selloff in recent days, lifting yields to the highest levels in several weeks. That marks ...
What happened According to a filing with the U.S. Securities and Exchange Commission dated February 17, 2026, Encompass Capital Advisors LLC acquired 21,504,901 additional shares of T1 Energy (TE 4.22%). The estimated value of this transaction, based on the average closing price during the quarter, was $94.89 million. The quarter-end value of the position rose by $204.24 million, reflecting both t...
What happened According to a filing with the U.S. Securities and Exchange Commission dated February 17, 2026, Encompass Capital Advisors LLC acquired 21,504,901 additional shares of T1 Energy (TE 4.22%). The estimated value of this transaction, based on the average closing price during the quarter, was $94.89 million. The quarter-end value of the position rose by $204.24 million, reflecting both the purchase and changes in the stock’s price. What else to know This buy increased the stake to 9.53% of the fund’s reportable U.S. equity assets as of December 31, 2025. Top holdings after the filing: NYSE: TE: $112.20 million (5.4% of AUM) NYSE: SOC: $121.67 million (5.0% of AUM) NYSE: SEI: $117.66 million (4.8% of AUM) NASDAQ: FANG: $112.20 million (4.6% of AUM) NASDAQ: NESR: $111.24 million (4.5% of AUM) As of February 17, 2026, shares of T1 Energy were priced at $6.44, up 211.1% over the past year, outperforming the S&P 500 by 200.71 percentage points. Company overview Metric Value Price (as of market close February 17, 2026) $6.44 Market capitalization $970.40 million Revenue (TTM) $399.68 million Net income (TTM) ($557.99 million) Company snapshot T1 Energy produces and sells lithium-ion battery cells for stationary energy storage, electric mobility, and marine applications, primarily serving European and international markets. It operates a vertically integrated business model, generating revenue through the design, manufacturing, and sale of proprietary battery cell solutions. The company targets OEMs and industrial customers seeking advanced energy storage technologies for mobility, grid, and marine sectors. T1 Energy is a Luxembourg-based manufacturer specializing in lithium-ion battery cells, with a focus on energy storage and electrification markets. The company leverages advanced design and manufacturing capabilities to serve a diverse set of industrial and mobility clients globally. What this transaction means for investors The purchase of 21.5 million shares...
drserg/iStock Editorial via Getty Images Oracle ( ORCL ) has plans to reduce its workforce by thousands of employees due in part to its immense spending on expanding data center capacity for artificial intelligence, according to Bloomberg. The layoffs are expected to span across multiple divisions of the enterprise software and cloud network provider and could be implemented as soon as this month,...
drserg/iStock Editorial via Getty Images Oracle ( ORCL ) has plans to reduce its workforce by thousands of employees due in part to its immense spending on expanding data center capacity for artificial intelligence, according to Bloomberg. The layoffs are expected to span across multiple divisions of the enterprise software and cloud network provider and could be implemented as soon as this month, the report said. Some staff reductions will be aimed at positions that could be replaced with AI, according to people familiar with the issue. In early February, Oracle revealed that it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Oracle said it is raising money to build additional capacity to meet the contracted demand from its largest Oracle Cloud Infrastructure customers, including AMD ( AMD ), Meta ( META ), NVIDIA ( NVDA ), OpenAI ( OPENAI ), TikTok ( BDNCE ), and xAI ( X.AI ). "This is expected to include an initial issuance of mandatory convertible preferred securities, representing a modest portion of the overall equity funding, as well as a newly authorized at-the-market equity program of up to $20B," the company said. Earlier this week, Oracle made an internal announcement that it planned to begin reviewing many of its job listings to see if they were all absolutely necessary, the report said. Oracle plans to release its third quarter fiscal 2026 results on Tuesday, March 10. The company has failed to produce revenue higher than the consensus estimate for eight of its last 10 quarterly financial reports. Seeking Alpha reached out to Oracle for comment. More on Oracle Oracle: A Look At The 6.6% Yielding Preferred Shares Oracle: Shares A Hold Even As Upside Potential Exists Oracle: This Capitulation Has Gone Too Far Oracle's outlook on cloud, AI, likely to be a key for investors: Evercore OpenAI's massive funding round should benefit Microsoft, Oracle: BNP
drserg/iStock Editorial via Getty Images Oracle ( ORCL ) has plans to reduce its workforce by thousands of employees due in part to its immense spending on expanding data center capacity for artificial intelligence, according to Bloomberg. The layoffs are expected to span across multiple divisions of the enterprise software and cloud network provider and could be implemented as soon as this month,...
drserg/iStock Editorial via Getty Images Oracle ( ORCL ) has plans to reduce its workforce by thousands of employees due in part to its immense spending on expanding data center capacity for artificial intelligence, according to Bloomberg. The layoffs are expected to span across multiple divisions of the enterprise software and cloud network provider and could be implemented as soon as this month, the report said. Some staff reductions will be aimed at positions that could be replaced with AI, according to people familiar with the issue. In early February, Oracle revealed that it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Oracle said it is raising money to build additional capacity to meet the contracted demand from its largest Oracle Cloud Infrastructure customers, including AMD ( AMD ), Meta ( META ), NVIDIA ( NVDA ), OpenAI ( OPENAI ), TikTok ( BDNCE ), and xAI ( X.AI ). "This is expected to include an initial issuance of mandatory convertible preferred securities, representing a modest portion of the overall equity funding, as well as a newly authorized at-the-market equity program of up to $20B," the company said. Earlier this week, Oracle made an internal announcement that it planned to begin reviewing many of its job listings to see if they were all absolutely necessary, the report said. Oracle plans to release its third quarter fiscal 2026 results on Tuesday, March 10. The company has failed to produce revenue higher than the consensus estimate for eight of its last 10 quarterly financial reports. Seeking Alpha reached out to Oracle for comment. More on Oracle Oracle: A Look At The 6.6% Yielding Preferred Shares Oracle: Shares A Hold Even As Upside Potential Exists Oracle: This Capitulation Has Gone Too Far Oracle's outlook on cloud, AI, likely to be a key for investors: Evercore OpenAI's massive funding round should benefit Microsoft, Oracle: BNP