Canadian subprime lender Goeasy Ltd. suspended its dividend, withdrew its outlook and said it will write off an additional C$233 million ($172 million) in consumer loans, interest and fees. The shares plunged as much as 39%. The problems stem from loans for autos and “powersports” equipment, a category that includes items such as all-terrain vehicles. The Mississauga, Ontario-based firm said it ex...
Canadian subprime lender Goeasy Ltd. suspended its dividend, withdrew its outlook and said it will write off an additional C$233 million ($172 million) in consumer loans, interest and fees. The shares plunged as much as 39%. The problems stem from loans for autos and “powersports” equipment, a category that includes items such as all-terrain vehicles. The Mississauga, Ontario-based firm said it expects its net charge-off rate — a measure of loans that it doesn’t expect to collect on — to be just below 13% for last year and to rise into the mid-teens in 2026. Goeasy said it will make a number of changes, including reducing new loans from LendCare, a unit that provides auto and powersports loans, while cutting C$30 million in annualized costs. Management will also correct earlier financial reporting from LendCare to address incorrect treatment of some customer payments. “The impact of this correction to the income statement, balance sheet, statement of cash flows and statement of equity is not material,” it said. Goeasy was down 39% to C$70.01 shortly after the start of trading in Toronto on Tuesday.
Elon Musk Is World’s Richest Person Ever Recorded NEW YORK, March 10, 2026--(BUSINESS WIRE)--Forbes releases its 40th-annual World’s Billionaires list, the definitive ranking of the planet’s richest people. Wealth surged to unprecedented levels over the past year, with fortunes climbing at a record pace. This year’s list features 3,428 billionaires, the most since the list’s inception in 1987. The...
Elon Musk Is World’s Richest Person Ever Recorded NEW YORK, March 10, 2026--(BUSINESS WIRE)--Forbes releases its 40th-annual World’s Billionaires list, the definitive ranking of the planet’s richest people. Wealth surged to unprecedented levels over the past year, with fortunes climbing at a record pace. This year’s list features 3,428 billionaires, the most since the list’s inception in 1987. The world’s wealthiest people are worth a record $20.1 trillion combined, up from $16.1 trillion in 2025. Elon Musk tops the Billionaires list for the second year in a row and is the richest person ever recorded, worth an estimated $839 billion. His net worth skyrocketed by half of a trillion dollars from last year, thanks to a rise in the value of Tesla, and SpaceX which is aiming to go public in 2026. Musk is the first person ever recorded to reach the $800 billion mark, as he moves toward becoming the world’s first trillionaire. "It’s the year of the billionaire," said Chase Peterson-Withorn, Forbes Senior Editor, Wealth. "The planet added more than one billionaire per day over the past twelve months as the AI-powered stock market boom boosted fortunes to previously unimaginable heights." Larry Page, cofounder of Google, follows far behind Musk, in the No. 2 spot with an estimated net worth of $257 billion, followed by his cofounder Sergey Brin at No. 3 ($237 billion). Jeff Bezos holds the No. 4 spot ($224 billion) and Mark Zuckerberg ($222 billion) rounds out the top 5. President Donald Trump’s fortune increased by 27%, to an estimated $6.5 billion, thanks largely to crypto dealings and his New York fraud penalty being thrown out. He ranks No. 645 worldwide. The 2026 ranking features 390 newcomers, including Dr. Dre; Beyonce Knowles-Carter; and tennis legend Roger Federer. The United States has more billionaires than any other country, now boasting a record 989. For the full list, visit: www.forbes.com/billionaires. About Forbes Forbes is an iconic global media brand that ...
U.S. stocks staged a dramatic comeback from a massive selloff on Monday after President Donald Trump said that the war against Iran could end soon. All three major indexes ended in positive territory. How Did The Benchmarks Perform? The Dow Jones Industrial Average (DJI) rose 0.5% or 239.25 points, to end at 47,740.80 points, after losing as much as 900 points at its session low. The S&P 500 rose ...
U.S. stocks staged a dramatic comeback from a massive selloff on Monday after President Donald Trump said that the war against Iran could end soon. All three major indexes ended in positive territory. How Did The Benchmarks Perform? The Dow Jones Industrial Average (DJI) rose 0.5% or 239.25 points, to end at 47,740.80 points, after losing as much as 900 points at its session low. The S&P 500 rose 0.8%, or 55.97 points, to finish at 6,795.99 points. Healthcare and industrial stocks were the biggest gainers, while energy stocks fell. The Health Care Select Sector SPDR (XLV) gained 1%. The Industrials Select Sector SPDR (XLI) rose 0.6%. The Energy Select Sector SPDR (XLE) lost 0.4%, while the Financials Select Sector SPDR (XLF) fell 0.5%. Nine out of the 11 sectors of the benchmark index ended in positive territory. The tech-heavy Nasdaq jumped 1.4%, or 308.27 points, to close at 22,695.95 points. The fear gauge, CBOE Volatility Index (VIX), was down 13.53% to 25.50. Decliners outnumbered advancers on the NYSE by a 1.06-to-1 ratio. On the Nasdaq, a 1.26-1 ratio favored advancing issues. A total of 22.41 billion shares were traded on Monday, higher than the last 20-session average of 19.99 billion. On the NYSE, there were 105 new highs and 204 new lows. On the S&P 500, there were 4 new 52-week highs and 9 new lows. Stocks Rebound After Trump’s Announcement All three major indexes made a late rebound after Trump said during an interview that the war against Iran could be reaching an end soon. The President said that Iran has “no navy, no communications,” and no air force and the war could end well ahead of his earlier timeframe of four to five weeks. This somewhat helped boost investors’ morale, helping stocks to bounce back from their earlier losses. The S&P 500 and Nasdaq had lost as much 1.5% each at their session lows. West Texas Intermediate crude fell to $81 per barrel following Trump’s comments. It had reached $119 per barrel on Sunday night. International benchma...
Colombia’s primaries have thrown the May presidential election wide open, reviving hopes for a new market-friendly administration and triggering a rebound in sovereign bonds. Right-wing candidate Paloma Valencia won a surprisingly large share of the vote in the main opposition primary this weekend, putting her on equal footing with candidates from the left and a new hardline right who were previou...
Colombia’s primaries have thrown the May presidential election wide open, reviving hopes for a new market-friendly administration and triggering a rebound in sovereign bonds. Right-wing candidate Paloma Valencia won a surprisingly large share of the vote in the main opposition primary this weekend, putting her on equal footing with candidates from the left and a new hardline right who were previously expected to fight out the election between them. The outcome sparked a jump in bonds, with notes due in 2036 rising from a six-month low, and eased the cost of insuring against a default over the next five years from the highest since May. A leap in crude oil prices also fueled the rebound in debt of oil producers, helping Colombia defy the slump seen across emerging markets amid the war in Iran. “Having a center-right candidate is much more appealing in a general election,” said David Austerweil , emerging-markets deputy portfolio manager at VanEck in New York, who is overweight on Colombian debt. “Turnout was very high. I think the market underestimated potential votes for center-right.” Valencia got 55% of the votes in the contest held by the center and conservative candidates, trouncing her eight rivals. Her campaign, focused on security and tax cuts, drew more than three million voters. Read more: Primary Landslide Makes Valencia a Favorite to Lead Colombia At the same time, turnout in the primary — 5.8 million people — surpassed most expectations, garnering more than 80% of total participation in the three inter-party consultations held on Sunday. The leftist contest only attracted 8%, as its most popular candidate, Senator Ivan Cepeda, was not allowed to participate. The Surprise The result caught investors off guard. Recent polls had soured appetite for Colombian assets, as most gave Cepeda a big lead, followed by the conservative outsider Abelardo de la Espriella. Valencia, who had flown under the radar, is now seen as having higher odds of facing Cepeda in a s...
Sinenkiy Polymarket (POLYMAKET) is reportedly working with Palantir Technologies ( PLTR ) and TWG Global’s AI unit to help monitor its sports contracts, as scrutiny grows around potential insider trading in prediction markets. Palantir ( PLTR ) and TWG AI will assist Polymarket in detecting, preventing, and reporting suspicious trading activity, Bloomberg reported, citing sources. The system will ...
Sinenkiy Polymarket (POLYMAKET) is reportedly working with Palantir Technologies ( PLTR ) and TWG Global’s AI unit to help monitor its sports contracts, as scrutiny grows around potential insider trading in prediction markets. Palantir ( PLTR ) and TWG AI will assist Polymarket in detecting, preventing, and reporting suspicious trading activity, Bloomberg reported, citing sources. The system will also screen participants against lists of individuals already banned from sports betting, the people said. The monitoring tools are expected to be deployed on a U.S.-regulated platform that Polymarket is developing, one source said. The company’s main trading platform operates offshore and does not allow U.S.-based users. Polymarket (POLYMAKET) has also been working with compliance firm Integrity Compliance 360 to flag unusual betting patterns in sports and gaming, people said. Trading volumes at Polymarket and rival Kalshi have surged over the past year, fueled largely by sports-related contracts. The rapid growth has also raised concerns about how the platforms detect insider trading across markets tied to sports, elections, and geopolitical events. Kalshi ( KALSHI ), meanwhile, has taken a more public stance on enforcement. The platform recently referred two insider-trading cases to the U.S. Commodity Futures Trading Commission and formed a committee that will publish quarterly data on flagged trades and investigations. Prediction markets have faced additional scrutiny in recent weeks over contracts tied to developments in Iran, where users placed bets on potential outcomes linked to the country’s leadership. More on Palantir, Polymarket Inc. Palantir: The Rebound Is Just Beginning Peter Thiel Sells Palantir; He May Regret It Palantir Technologies: 53% Revenue Growth Vs. "Rich" Valuation | 2-Minute Analysis Palantir sees best week since August as Iran war 'bodes well' for contract pipeline Former Palantir employees blocked from poaching, using secrets, judge rules
Sinenkiy Polymarket (POLYMAKET) is reportedly working with Palantir Technologies ( PLTR ) and TWG Global’s AI unit to help monitor its sports contracts, as scrutiny grows around potential insider trading in prediction markets. Palantir ( PLTR ) and TWG AI will assist Polymarket in detecting, preventing, and reporting suspicious trading activity, Bloomberg reported, citing sources. The system will ...
Sinenkiy Polymarket (POLYMAKET) is reportedly working with Palantir Technologies ( PLTR ) and TWG Global’s AI unit to help monitor its sports contracts, as scrutiny grows around potential insider trading in prediction markets. Palantir ( PLTR ) and TWG AI will assist Polymarket in detecting, preventing, and reporting suspicious trading activity, Bloomberg reported, citing sources. The system will also screen participants against lists of individuals already banned from sports betting, the people said. The monitoring tools are expected to be deployed on a U.S.-regulated platform that Polymarket is developing, one source said. The company’s main trading platform operates offshore and does not allow U.S.-based users. Polymarket (POLYMAKET) has also been working with compliance firm Integrity Compliance 360 to flag unusual betting patterns in sports and gaming, people said. Trading volumes at Polymarket and rival Kalshi have surged over the past year, fueled largely by sports-related contracts. The rapid growth has also raised concerns about how the platforms detect insider trading across markets tied to sports, elections, and geopolitical events. Kalshi ( KALSHI ), meanwhile, has taken a more public stance on enforcement. The platform recently referred two insider-trading cases to the U.S. Commodity Futures Trading Commission and formed a committee that will publish quarterly data on flagged trades and investigations. Prediction markets have faced additional scrutiny in recent weeks over contracts tied to developments in Iran, where users placed bets on potential outcomes linked to the country’s leadership. More on Palantir, Polymarket Inc. Palantir: The Rebound Is Just Beginning Peter Thiel Sells Palantir; He May Regret It Palantir Technologies: 53% Revenue Growth Vs. "Rich" Valuation | 2-Minute Analysis Palantir sees best week since August as Iran war 'bodes well' for contract pipeline Former Palantir employees blocked from poaching, using secrets, judge rules
Polymarket is enlisting firms including Palantir Technologies Inc. to help police its sports contracts as prediction markets face intense scrutiny over insider trading. A platform developed by Palantir and TWG AI will help identify, prevent and report suspicious activity, Polymarket said in a statement Tuesday, confirming an earlier Bloomberg News report. Measures include screening against existin...
Polymarket is enlisting firms including Palantir Technologies Inc. to help police its sports contracts as prediction markets face intense scrutiny over insider trading. A platform developed by Palantir and TWG AI will help identify, prevent and report suspicious activity, Polymarket said in a statement Tuesday, confirming an earlier Bloomberg News report. Measures include screening against existing lists of participants already banned from sports betting. Most Read from Bloomberg The monitoring system will be used on a US-regulated venue that Polymarket is building out, according to a person familiar with the matter. The company’s main trading platform is situated offshore and does not accept US-based customers. “Our partnership with Palantir and TWG AI allows us to apply world-class analytics and monitoring to sports markets,” Shayne Coplan, chief executive officer of Polymarket, said in the statement. Polymarket and its main rival Kalshi have seen trading volumes explode since last year, driven in large part by sports-related contracts. But questions have arisen over how to monitor and prevent insider trading on everything from elections to geopolitics and sports. In recent years, professional sports leagues including Major League Baseball and the National Basketball Association have grappled with players allegedly colluding with gamblers, and critics say prediction markets are another venue where people with inside information may seek to profit. Up to now, Polymarket had been relatively quiet about how it handles insider trading and other forms of market manipulation. But the exchange has been working with IC360, a compliance company that flags unusual betting activity in sports and gaming, people familiar with the matter said. Kalshi has been more vocal. It recently brought two insider trading cases to its regulator, the Commodity Futures Trading Commission. It also formed a committee that will put out quarterly statistics on flagged trades, investigations and ...
Image source: The Motley Fool. Tuesday, March 10, 2026 at 9 a.m. ET CALL PARTICIPANTS Chairman of the Board and Chief Executive Officer — John L. Erb Chief Financial Officer — Carissa Schultz Vice President, Investor Relations — Leah McMullen TAKEAWAYS Revenue -- $2.4 million for the quarter, up 4% year over year and 9% sequentially, with growth driven by U.S. console sales and higher average sell...
Image source: The Motley Fool. Tuesday, March 10, 2026 at 9 a.m. ET CALL PARTICIPANTS Chairman of the Board and Chief Executive Officer — John L. Erb Chief Financial Officer — Carissa Schultz Vice President, Investor Relations — Leah McMullen TAKEAWAYS Revenue -- $2.4 million for the quarter, up 4% year over year and 9% sequentially, with growth driven by U.S. console sales and higher average selling prices. -- $2.4 million for the quarter, up 4% year over year and 9% sequentially, with growth driven by U.S. console sales and higher average selling prices. U.S. Console Sales -- Increased 208% to eight units sold from three a year prior. -- Increased 208% to eight units sold from three a year prior. Gross Margin -- 68.2% in the quarter, an improvement of 9.9 percentage points compared to the prior-year quarter. -- 68.2% in the quarter, an improvement of 9.9 percentage points compared to the prior-year quarter. International Sales -- Up 59% year over year, primarily due to last-time purchases from distributors in exited markets. -- Up 59% year over year, primarily due to last-time purchases from distributors in exited markets. Critical Care Revenue -- Declined 24% year over year, offsetting part of international and U.S. gains. -- Declined 24% year over year, offsetting part of international and U.S. gains. Operating Expenses (Quarter) -- $4.1 million, $400,000 higher than the prior-year quarter, reflecting professional services, recruiting, and targeted development initiatives. -- $4.1 million, $400,000 higher than the prior-year quarter, reflecting professional services, recruiting, and targeted development initiatives. Operating Loss (Quarter) -- $2.4 million, unchanged from the prior-year quarter. -- $2.4 million, unchanged from the prior-year quarter. Net Loss Attributable to Common Shareholders (Quarter) -- $2.4 million. -- $2.4 million. Full-year Revenue -- $8.3 million, a 5% decrease, attributed to lower consumable utilization, lower console average selling pr...