Treasury Secretary Scott Bessent said that President Donald Trump ’s plan to increase a 10% universal tariff up to 15% will likely be done this week. “That’s likely sometime this week,” Bessent said on CNBC in response to a question about when the increase to 15% would be implemented. Trump last month put a 10% universal levy in place after the Supreme Court invalidated most of his previous tariff...
Treasury Secretary Scott Bessent said that President Donald Trump ’s plan to increase a 10% universal tariff up to 15% will likely be done this week. “That’s likely sometime this week,” Bessent said on CNBC in response to a question about when the increase to 15% would be implemented. Trump last month put a 10% universal levy in place after the Supreme Court invalidated most of his previous tariff regime. Bessent noted the authority for the new duties only allows for the measure to last 150 days. During that time, he said that US trade authorities will be looking at using other legislation to resurrect the tariff regime that had been in place prior to the high court’s ruling. “It’s my strong belief that the tariff rates will back to their old rate within five months,” Bessent said. “They are very slow moving, but they are more robust,” he said of the so-called sections 301 and 232 tariffs that are planned to replace the invalidated IEEPA duties.
Abercrombie & Fitch Co. press release ( ANF ): Q4 Non-GAAP EPS of $3.68 beats by $0.11 . Revenue of $1.67B (+5% Y/Y) in-line. Provides full year 2026 outlook for net sales growth in the range of 3% to 5% vs 4.4% consensus, operating margin in the range of 12.0% to 12.5%, net income per diluted share in the range of $10.20 to $11.00 Fiscal 2026 First Quarter and Full Year Outlook For fiscal 2026, t...
Abercrombie & Fitch Co. press release ( ANF ): Q4 Non-GAAP EPS of $3.68 beats by $0.11 . Revenue of $1.67B (+5% Y/Y) in-line. Provides full year 2026 outlook for net sales growth in the range of 3% to 5% vs 4.4% consensus, operating margin in the range of 12.0% to 12.5%, net income per diluted share in the range of $10.20 to $11.00 Fiscal 2026 First Quarter and Full Year Outlook For fiscal 2026, the company expects: First Quarter Outlook (1) Full Year Outlook (1) Net sales Growth In The Range of 1% to 3% Growth In The Range of 3% to 5% Operating margin Around 7.0% In the Range of 12.0% to 12.5% Effective tax rate (2) Around 26% Around 29% Net income per diluted share (3) (4) In The Range of $1.20 to $1.30 In The Range of $10.20 to $11.00 Share repurchases (4) At least $100 million Around $450 million Diluted weighted average shares (3) (4) Around 46 million Around 45 million Capital expenditures In The Range of $200 to $225 million Real estate activity (5) (all approximate) ~30 Net Store Openings 55 Openings, 25 Closures 70 Remodels and Right-Sizes Click to enlarge Shares +11% PM. More on Abercrombie & Fitch Co. Abercrombie & Fitch: Pullback Creates Another Opportunity Abercrombie & Fitch Co. (ANF) Q3 2025 Earnings Call Transcript Abercrombie & Fitch: Fade The Rally - Outsized Market Rotation Meets Mixed Fundamentals (Downgrade) Abercrombie & Fitch Co. Q4 2026 Earnings Preview Baby steps: Abercrombie & Fitch looks to outfit newborns to teens
(RTTNews) - Genius Sports (GENI) reported a fourth quarter net loss of $20.6 million, compared to a loss of $28.2 million, a year ago. Loss per share was $0.08 compared to a loss of $0.12. Adjusted EBITDA was $48.3 million, compared to $32.4 million, last year. Group revenue was $240.5 million, up 31% from prior year. The company reaffirmed standalone 2026 guidance of approximately $810-820 millio...
(RTTNews) - Genius Sports (GENI) reported a fourth quarter net loss of $20.6 million, compared to a loss of $28.2 million, a year ago. Loss per share was $0.08 compared to a loss of $0.12. Adjusted EBITDA was $48.3 million, compared to $32.4 million, last year. Group revenue was $240.5 million, up 31% from prior year. The company reaffirmed standalone 2026 guidance of approximately $810-820 million in revenue and $180-190 million in adjusted EBITDA. In pre-market trading on NYSE, Genius Sports shares are down 1.24 percent to $6.39. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
SpaceX and Tesla Inc. CEO Elon Musk may have just confirmed reports of the commercial space flight giant targeting a $1.75 trillion IPO. SpaceX IPO In a post on the social media platform X on Monday, entrepreneur Peter Diamandis shared his take on the reported IPO. "$1.75T valuation, filing in March. Capital for Starship, Moon, Mars colonization and Earth's Dyson Swarm," he said in the post, furth...
SpaceX and Tesla Inc. CEO Elon Musk may have just confirmed reports of the commercial space flight giant targeting a $1.75 trillion IPO. SpaceX IPO In a post on the social media platform X on Monday, entrepreneur Peter Diamandis shared his take on the reported IPO. "$1.75T valuation, filing in March. Capital for Starship, Moon, Mars colonization and Earth's Dyson Swarm," he said in the post, further hailing the move as an expansion of human civilization. Funding Humanity's Future… SpaceX IPO rumors: $1.75T valuation, filing in March. Capital for Starship, Moon, Mars colonization and Earth's Dyson Swarm. This isn't just a company going public—it's civilization expanding outward. Don't Miss: Responding to Diamandis, Musk seemingly confirmed the reported figure. "Yes," the billionaire CEO said in the post. Yes SpaceX-xAI Merger The news comes as SpaceX had acquired Musk's artificial intelligence startup xAI, with the combined SpaceX-xAI entity reaching a valuation of $1.25 trillion. The company is also reportedly considering a dual-class share structure that could give company insiders, including Musk, outsized voting power over corporate decisions. Trending: Before the IPO: How One Company Quietly Locked Up 500+ Iconic Character Rights Musk has also shared that he was confident that SpaceX's Starship V3 would be able to achieve full reusability after earlier sharing that the Starship would be able to launch every hour in three years. Orbital Datacenters Meanwhile, SpaceX was invited to discuss orbital datacenters by the Federal Communications Commission (FCC). The datacenter ambitions reportedly involve operating a fleet of over 1 million satellites. SpaceX is also seeking several waivers from the FCC. However, Musk's orbital datacenter goals have been criticized by short seller Jim Chanos, who called the orbital datacenter ambitions "AI Snake Oil," adding that power supply wasn't the issue. Read Next: Photo courtesy: Shutterstock Up Next: Transform your trading with ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: Safety first: Nvidia ( NVDA ) and Amazon ( AMZN ) temporarily shut their Dubai offices, while flight disruptions leave Google ( GOOGL ) staff stranded in the city. Stockpiles shrink: The White House will meet defen...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: Safety first: Nvidia ( NVDA ) and Amazon ( AMZN ) temporarily shut their Dubai offices, while flight disruptions leave Google ( GOOGL ) staff stranded in the city. Stockpiles shrink: The White House will meet defense contractors on Friday to discuss speeding up arms production as Iran war threatens stockpiles. Wider reach: U.S. naval officials warned that China's submarine buildup could allow it to threaten more of the U.S. mainland while operating closer to its own shores. Claude strength Anthropic ( ANTHRO ) is on track to generate nearly $20B in annual revenue, more than doubling its run rate from $9B at the end of 2025. This was driven by strong adoption of its AI models and products such as Claude Code, signaling rapid growth before its recent clash with the Pentagon. Rapid growth: The AI company recently topped $19B in run-rate revenue , up from $9B at the end of 2025 and roughly $14B a few weeks ago, Bloomberg News reported, citing sources. However, its momentum faces uncertainty after Defense Secretary Pete Hegseth labeled Anthropic a supply chain risk following a dispute over its AI safeguards. Anthropic called the move "legally unsound" and said it's prepared to "challenge any supply chain risk designation in court." While the designation could block government sales and affect business with other firms, the long-term impact remains unclear and in the meantime, Anthropic continues to gain traction with everyday users. Pentagon clash: The dispute began when Anthropic refused the Pentagon's demand to ease restrictions on its AI technology that prevent it from being used for domestic surveillance and fully autonomous weapons. As a result, President Donald Trump announced a federal agency-wide ban on Anthropic, canceling more than $200M in contracts. The Treasury and Health and...
Fewer Hongkongers withdrew funds from the city’s mandatory pension plan in the fourth quarter of last year, as a stock market rally prompted more members to leave their investments in place even when they stopped working or left the city, according to analysts. The number of people taking their money out of the Mandatory Provident Fund (MPF) because they were leaving Hong Kong permanently fell 39 ...
Fewer Hongkongers withdrew funds from the city’s mandatory pension plan in the fourth quarter of last year, as a stock market rally prompted more members to leave their investments in place even when they stopped working or left the city, according to analysts. The number of people taking their money out of the Mandatory Provident Fund (MPF) because they were leaving Hong Kong permanently fell 39 per cent in the final three months of 2025 from the previous quarter, to 4,200 cases, according to data released by the pension regulator, the Mandatory Provident Fund Schemes Authority (MPFA), on Wednesday. The total amount withdrawn also declined by 38 per cent to HK$1.02 billion (US$130 million) from a quarter earlier, the MPFA data showed. Advertisement Withdrawals due to retirement or early retirement also declined. A total of 41,500 members withdrew their MPF balance for retirement reasons during the quarter, down 5 per cent from the third quarter. The sum these members withdrew declined 4 per cent to HK$6.6 billion, the authority’s data showed. Withdrawals due to early retirement dropped by 2 per cent to 7,900, with the total amount withdrawn remaining almost unchanged at HK$2 billion. Advertisement The MPF has 4.8 million members.
In an aerial view, two-story single family homes line the streets on Jan. 14, 2026 in Thousand Oaks, California. Kevin Carter | Getty Images Legislation to ban institutional investors from buying single-family homes to rent is making its way through Congress, but many of them are already selling thousands of homes — and have been for two years. Research from housing data and analytics firm Parcl L...
In an aerial view, two-story single family homes line the streets on Jan. 14, 2026 in Thousand Oaks, California. Kevin Carter | Getty Images Legislation to ban institutional investors from buying single-family homes to rent is making its way through Congress, but many of them are already selling thousands of homes — and have been for two years. Research from housing data and analytics firm Parcl Labs shows that the largest investors are now net sellers of homes. In every major metropolitan housing market, investors make up a larger share of for-sale listings than they do of the total housing stock. In some cities, like Dallas, Philadelphia and Houston, they are selling most aggressively. Dallas investors own 9.2% of the housing stock but account for 22.8% of new for-sale listings. FirstKey Homes appears to be most motivated, with more than twice the listings of its peers, according to Parcl. It is also offering much deeper price cuts, an average 10% off original list prices, and is reducing prices about every 20 days. "It's a volatile housing market, and folks are trying to take risk off the table," said Jason Lewris, co-founder of Parcl Labs. He noted that rents are not holding up relative to what investors can get if they sell. "So it's better risk-adjusted returns to just get that cash and see how things pan out," he said. In its latest quarterly earnings release for the fourth quarter of 2025, Invitation Homes , one of the largest publicly traded landlords, reported that all 368 of its wholly owned acquisitions were newly constructed homes purchased from various homebuilders. It reported selling 315 existing homes. For the full-year 2025, Invitation reported "almost all" of its 2,410 wholly owned acquisitions were bought through homebuilder relationships, while it sold 1,356 wholly owned homes, "frequently to families purchasing for their own use." In an effort to make housing affordable, in late January, President Donald Trump signed an executive order aimed at...
EDMONTON, Alberta, March 04, 2026 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (the Company or Capital Power) today released financial results for the quarter and year ended December 31, 2025 and published its 2025 Integrated Annual Report (IAR), highlighting strong execution across its strategy, accelerated U.S. growth and long-term contracted cash flows. Strategic highlights Complete...
EDMONTON, Alberta, March 04, 2026 (GLOBE NEWSWIRE) -- Capital Power Corporation (TSX: CPX) (the Company or Capital Power) today released financial results for the quarter and year ended December 31, 2025 and published its 2025 Integrated Annual Report (IAR), highlighting strong execution across its strategy, accelerated U.S. growth and long-term contracted cash flows. Strategic highlights Completed the acquisition of the Hummel and Rolling Hills facilities in the PJM 1 market for approximately $3.0 billion 2 (US$2.2 billion), adding ~2.2 GW of U.S. natural gas fired generation capacity market for approximately $3.0 billion (US$2.2 billion), adding ~2.2 GW of U.S. natural gas fired generation capacity Executed a new long‑term contract for Midland Cogeneration Venture (MCV) 3 through 2040, adding 10 years of incremental contracted cash flows through 2040, adding 10 years of incremental contracted cash flows Entered into a binding MOU with an investment‑grade data centre developer for a 250 MW in Alberta, 10+ year Electricity Supply Agreement (ESA) expected to commence in 2028 Reached commercial operation for ~60 4 MW of long‑term contracted projects and commissioned 170 MW of battery storage in Ontario, contracted through to 2047 MW of long‑term contracted projects and commissioned 170 MW of battery storage in Ontario, contracted through to 2047 Started construction on two additional solar projects in North Carolina, with commercial operation expected between Q4 2026 and Q1 2027 Reached commercial operation of Halkirk 2 Wind Facility Announced the appointment of Kevin MacIntosh as Chief Financial Officer, effective March 16, 2026 Financial highlights In the fourth quarter of 2025, generated: AFFO 5 of $244 million and net cash flows from operating activities of $205 million Adjusted EBITDA 5 of $414 million and a net loss of $13 million For full-year 2025, generated: AFFO 5 of $1,066 million and net cash flows from operating activities of $962 million Adjusted EBITDA ...
Company delivers record fourth quarter and full year net sales of $1.7 billion and $5.3 billion, respectively Fourth quarter net sales grew 5% to 2024, with balanced growth across regions, brands and channels Full year net sales grew 6% to 2024, with growth across regions and channels Hollister brands delivers record full year 2025 net sales on growth of 15%, with Abercrombie down 1% Full year ope...
Company delivers record fourth quarter and full year net sales of $1.7 billion and $5.3 billion, respectively Fourth quarter net sales grew 5% to 2024, with balanced growth across regions, brands and channels Full year net sales grew 6% to 2024, with growth across regions and channels Hollister brands delivers record full year 2025 net sales on growth of 15%, with Abercrombie down 1% Full year operating margin of 13.3%, and net income per diluted share o f $10.46 Full year share repurchases of $450 million, or 5.4 million shares, representing 11% of shares outstanding at February 1, 2025 Provides full year 2026 outlook for net sales growth in the range of 3% to 5%, operating margin in the range of 12.0% to 12.5%, net income per diluted share in the range of $10.20 to $11.00 NEW ALBANY, Ohio, March 04, 2026 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the fourth quarter and fiscal year ended January 31, 2026. These compare to results for the fourth quarter and fiscal year ended February 1, 2025. Descriptions of the use of non-GAAP financial measures and reconciliations of GAAP and non-GAAP financial measures accompany this release. Fran Horowitz, Chief Executive Officer, said, “Our record fourth quarter net sales marked our thirteenth consecutive quarter of growth, with both operating margin and earnings per share at the high end of expectations we shared in early January. Reflecting on fiscal 2025, I’m proud of our accomplishments. We delivered record net sales with 6% growth and achieved our third straight year of double-digit operating margins, all while continuing to strengthen the business through investments in marketing, stores, people, and digital capabilities. Supported by $619 million in operating cash flow, we repurchased 5.4 million shares, representing 11% of shares outstanding at the beginning of the year, reinforcing our commitment to long term value creation and shareholder returns. We entered fiscal 2026 with a ...
Sales +22% YoY Orders +8% YoY Product Backlog entering Q4 of $342 million, up 25% from prior year Execution and financial results on track with long-term financial goals BROOKINGS, S.D., March 04, 2026 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ: DAKT) (the “Company”, “Daktronics”, “we”, or “us”), a recognized industry leader in the design and manufacturing of best-in-class dynamic video communic...
Sales +22% YoY Orders +8% YoY Product Backlog entering Q4 of $342 million, up 25% from prior year Execution and financial results on track with long-term financial goals BROOKINGS, S.D., March 04, 2026 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ: DAKT) (the “Company”, “Daktronics”, “we”, or “us”), a recognized industry leader in the design and manufacturing of best-in-class dynamic video communication displays and control systems for customers worldwide, today reported results for its fiscal 2026 third quarter which ended January 31, 2026. Fiscal Q3 2026 financial highlights include: Sales of $181.9 million, 21.6% growth from $149.5 million for the third quarter of fiscal 2025 Operating income increased to $1.9 million, compared to operating loss of $3.6 million for the third quarter of fiscal 2025; adjusted operating income ( 1) was $4.0 million, compared to $1.2 million in the prior-year quarter was $4.0 million, compared to $1.2 million in the prior-year quarter Operating margin as a percentage of net sales was 1.1%, compared to an operating loss of 2.4% for the third quarter of fiscal 2025; adjusted operating margin ( 1) as a percentage of sales was 2.2%, compared to an adjusted operating margin ( 1) of 0.8% in the prior-year quarter as a percentage of sales was 2.2%, compared to an adjusted operating margin of 0.8% in the prior-year quarter New orders for products and services rose to $201.1 million ( 2) for the quarter, compared to $186.9 million from the third quarter of fiscal 2025, up 7.6% for the quarter, compared to $186.9 million from the third quarter of fiscal 2025, up 7.6% Product backlog increased to $342.3 million(2) for the quarter, up 25.3% from $273.2 million at the end of the third quarter of fiscal 2025 Ramesh Jayaraman, Daktronicsʹ President and Chief Executive Officer, commented, “Our team continued to execute well during the fiscal third quarter, driving year-over-year revenue growth of 21.6 percent and more than tripling adjusted operating...
Expanded into AI-resilient growth channels through enhanced mobile in-app capabilities and the release of Nexxen’s industry-first programmatic Smart TV home screen ad activation solution, which is now integrated with V (formerly VIDAA) and The Trade Desk’s Ventura Ecosystem Launched expanded V partnership, strengthening Nexxen’s competitive advantages and differentiation while enhancing the Compan...
Expanded into AI-resilient growth channels through enhanced mobile in-app capabilities and the release of Nexxen’s industry-first programmatic Smart TV home screen ad activation solution, which is now integrated with V (formerly VIDAA) and The Trade Desk’s Ventura Ecosystem Launched expanded V partnership, strengthening Nexxen’s competitive advantages and differentiation while enhancing the Company’s long-term CTV and data revenue opportunities Guides to 2026 Contribution ex-TAC and programmatic revenue growth of approximately 8% and 10% at the midpoint; Q1 2026 Contribution ex-TAC and programmatic revenue to date have exceeded management’s initial expectations NEW YORK, March 04, 2026 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology platform with deep expertise in data and advanced TV, announced today its financial results for the three and twelve months ended December 31, 2025. Q4 2025 Financial Highlights Contribution ex-TAC of $97.8 million, down 7% year-over-year (-1% excluding political) Programmatic revenue of $94.3 million, down 4% year-over-year (+2% excluding political) CTV revenue of $30.1 million, down 19% year-over-year (-12% excluding political) CTV revenue reflected 32% of programmatic revenue, compared to 38% in Q4 2024 Programmatic revenue increased to 94% of revenue, from 88% in Q4 2024 Adjusted EBITDA of $33.9 million, down 23% year-over-year, representing a 35% Adjusted EBITDA Margin on a Contribution ex-TAC basis (34% on a revenue basis), compared to 42% on a Contribution ex-TAC basis (39% on a revenue basis) in Q4 2024 Video revenue represented 72% of programmatic revenue, compared to 75% in Q4 2024 $133.3 million in cash and cash equivalents, no long-term debt and $50 million available under the Company’s undrawn revolving credit facility as of December 31, 2025 Full Year 2025 Financial Highlights Record Contribution ex-TAC of $353.1 million, up 3% year-over-yea...
FOURTH QUARTER NET SALES YEAR-OVER-YEAR GROWTH OF 10.9% FOURTH QUARTER NET INCOME OF $6.3 MILLION UP $44.1 MILLION YEAR-OVER-YEAR FOURTH QUARTER ADJUSTED EBITDA OF $33.2 MILLION UP $4.1 MILLION YEAR-OVER-YEAR Exceeded top‑line expectations in 2025, positioning Holley for continued momentum in 2026. BOWLING GREEN, Ky., March 04, 2026 (GLOBE NEWSWIRE) -- Holley Performance Brands (NYSE: HLLY), a lea...
FOURTH QUARTER NET SALES YEAR-OVER-YEAR GROWTH OF 10.9% FOURTH QUARTER NET INCOME OF $6.3 MILLION UP $44.1 MILLION YEAR-OVER-YEAR FOURTH QUARTER ADJUSTED EBITDA OF $33.2 MILLION UP $4.1 MILLION YEAR-OVER-YEAR Exceeded top‑line expectations in 2025, positioning Holley for continued momentum in 2026. BOWLING GREEN, Ky., March 04, 2026 (GLOBE NEWSWIRE) -- Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, today announced financial results for its fourth quarter and full year ended December 31, 2025. Fourth Quarter Highlights vs. Prior Year Period Net Sales increased 10.9% to $155.4 million compared to $140.1 million last year Core business net sales 1 for the fourth quarter of 2025 grew by 13.5% compared to the fourth quarter of 2024 after excluding non-core business net sales 1 of approximately $3.2 million for the fourth quarter of 2024 for the fourth quarter of 2025 grew by 13.5% compared to the fourth quarter of 2024 after excluding non-core business net sales of approximately $3.2 million for the fourth quarter of 2024 Net Income was $6.3 million, or $0.05 per diluted share, compared to a Net Loss of $(37.8) million, or $(0.32) per diluted share, last year Net Cash Provided by Operating Activities was $8.5 million compared to $4.1 million last year Adjusted Net Income 2 was $4.6 million, or $0.04 per diluted share compared to $12.6 million, or $0.11 per diluted share, last year was $4.6 million, or $0.04 per diluted share compared to $12.6 million, or $0.11 per diluted share, last year Adjusted EBITDA 2 was $33.2 million compared to $29.1 million last year was $33.2 million compared to $29.1 million last year Free Cash Flow2 was $3.9 million compared to $1.8 million last year Full Year 2025 Highlights vs. Prior Year Period Net Sales increased 1.9% to $613.5 million compared to $602.2 million last year Core business net sales 1 for the full year 2025 grew by 6.6% compared to the full year 2024 after excluding non-core ...
$50M+ in Q1 2026 bookings from operating companies, signaling commercial inflection point Accelsius projected to be cash flow positive by YE 2026; Innventure targeting consolidated cash flow positivity in 2028 AeroFlexx and Refinity launching direct capital raises as they reach commercial and technical inflection points Corporate capital requirements are materially reduced through direct capital f...
$50M+ in Q1 2026 bookings from operating companies, signaling commercial inflection point Accelsius projected to be cash flow positive by YE 2026; Innventure targeting consolidated cash flow positivity in 2028 AeroFlexx and Refinity launching direct capital raises as they reach commercial and technical inflection points Corporate capital requirements are materially reduced through direct capital formation and declining general and administrative expenses Board increasing number and percentage of independent directors ORLANDO, Fla., March 04, 2026 (GLOBE NEWSWIRE) -- Innventure, Inc. (NASDAQ: INV), an industrial growth conglomerate, today announced operating and financial milestones that demonstrate accelerating momentum across its operating companies and an improved capital outlook for the enterprise. Operating Companies Hitting KPIs and Scaling Independently Innventure’s operating companies, Accelsius, AeroFlexx, and Refinity, have each reached key commercial or technical milestones, validating the scalability of Innventure’s create-and-operate model. A core principle of the platform is the advancement of each operating company toward financial self-sufficiency, with the goal of reducing reliance on Innventure corporate capital and accelerating the path to enterprise-level profitability. This marks a clear shift from 2025, when Innventure continued to fund Accelsius alongside Accelsius’ own direct capital raises, and funded all other operating companies through its corporate balance sheet. For Innventure’s controlled operating companies, beginning with Accelsius and Refinity and continuing going forward, the model is to transition to direct capital formation as they mature, while Innventure maintains control and consolidates their financial results. This approach builds on Innventure’s established history of raising more than $240 million directly into its operating companies, including PureCycle Technologies (NASDAQ: PCT) prior to its public listing. Following Acc...
Serve continues to expand its commercial footprint, strengthen new and existing partnerships, and advance the capabilities of its AI-driven robotics platform. To date, Serve has deployed more than 2,000 robots across the U.S., establishing the company as the nation’s largest sidewalk delivery fleet. Serve robots power deliveries for major restaurant partners including Shake Shack and Little Caesar...
Serve continues to expand its commercial footprint, strengthen new and existing partnerships, and advance the capabilities of its AI-driven robotics platform. To date, Serve has deployed more than 2,000 robots across the U.S., establishing the company as the nation’s largest sidewalk delivery fleet. Serve robots power deliveries for major restaurant partners including Shake Shack and Little Caesars through platforms such as Uber Eats and DoorDash. HumanX (San Francisco, CA): Serve Robotics CEO Ali Kashani will participate in an intimate masterclass panel alongside experts from Samsara, Aurora and Semafor to dig into the economics of a physical AI shift. The panelists will explore how a mixed-autonomy model will boost supply chain resilience and safety and the evolution of frontline work. NVIDIA GTC (San Jose, CA): Serve Robotics will be present during NVIDIA CEO Jensen Huang’s keynote and Serve’s VP of Autonomy Rajesh Radhakrishnan will participate in a Lightning Talk about real-world lessons on overcoming technical challenges when deploying robotics solutions and practical examples of how Serve has built and scaled AI-powered robots using NVIDIA platforms. “Our autonomous delivery robots are already completing thousands of deliveries every week in cities nationwide, transforming how people get their goods,” said Ali Kashani, co-founder and CEO of Serve Robotics. “We’re excited to demonstrate how physical AI is transforming last-mile logistics and strengthening local communities.” Serve will complement these appearances with onsite demonstrations that showcase how its robots operate safely, efficiently, and reliably at scale in real-world environments. These demos will further showcase the strength and maturity of Serve’s technology as the company continues expanding its footprint across the U.S., meeting growing demand for faster, more cost-efficient delivery. Story Continues To learn more about Serve Robotics, visit www.serverobotics.com . About Serve Robotics Ser...
Richard Drury/DigitalVision via Getty Images Introduction First of all, I want to thank my readers for helping me break the 50,000-follower level. When I started writing for Seeking Alpha roughly a decade ago, I never thought I would make it past 1,000. Now, we’re at 50x that. And, according to the numbers, we have had average growth of at least 1,000 new followers per month for almost two straigh...
Richard Drury/DigitalVision via Getty Images Introduction First of all, I want to thank my readers for helping me break the 50,000-follower level. When I started writing for Seeking Alpha roughly a decade ago, I never thought I would make it past 1,000. Now, we’re at 50x that. And, according to the numbers, we have had average growth of at least 1,000 new followers per month for almost two straight years. From the bottom of my heart, thank you for letting me be of service! Soon, I’ll have some exciting announcements for you. But first, there’s a lot more to discuss in light of these volatile markets. I have written mostly bullish articles in recent months, for the obvious reason that I’m bullish. Despite risks like the growth recovery being on thin ice, I have made the case that stagflation and recession fears are overblown. My thesis has been that we may be getting the “flation” part of stagflation, yet not the “stag.” So far, that thesis is looking good, as leading growth indicators have rebounded, economic growth is broadening, and not even recent weakness in consumer spending is keeping the Federal Reserve Bank of Atlanta’s GDPNow indicator from falling below 3.0%, as we can see below. Federal Reserve Bank of Atlanta Moreover, as most of my regular readers may know, I am overweight in energy and industrial stocks, with all of my top five holdings (more than 50% of my portfolio) operating in a somewhat cyclical environment. Especially because of my positioning and coverage, it is important not to lose sight of the risks under the surface. Everything else would be reckless and could potentially lead to mistakes. And, to be honest, I may be wrong. Not playing Devil’s Advocate is never a good idea. With that said, I have brought up risks in the past, including software and Big Tech risks. These risks are a big reason why I own so many “hard asset” investments. However, that’s just the tip of the iceberg, as there are many risks under the market’s surface that, I bel...
FatCamera/E+ via Getty Images Today, it seems that bad news is lurking in every corner of the stock market. As the Q4 earnings season wears on, investors are looking for any and all reasons to dump stocks amid rising geopolitical complications and a continued soft domestic economy. On Holding ( ONON ), the fast-growing Swiss shoemaker, is one of the latest victims. Despite rapid revenue growth fue...
FatCamera/E+ via Getty Images Today, it seems that bad news is lurking in every corner of the stock market. As the Q4 earnings season wears on, investors are looking for any and all reasons to dump stocks amid rising geopolitical complications and a continued soft domestic economy. On Holding ( ONON ), the fast-growing Swiss shoemaker, is one of the latest victims. Despite rapid revenue growth fueled by expansion beyond shoes and a building presence in Asia, shares of On fell ~5% post-earnings. Now, the stock technically remains in bear market territory, down about 30% from peaks near $60 achieved last May. The question for investors now is, when will the bleeding stop? Data by YCharts I last wrote a buy article on On in November, when the stock was actually trading lower, nearer to $40 per share. I'll cut to the chase: I was bullish on the stock then and remain quite bullish on the stock now, and I am reiterating my buy rating here. Despite near-term hiccups, On has consistently shown itself to outperform a conservative guidance methodology, while the company continues to take market share from the likes of NIKE ( NKE ) in running. Let's immediately address the reason that On fell post-earnings: its outlook for FY26. On outlook (On Q4 earnings release) As shown above, On expects to grow revenue by "at least 23%" y/y at constant currency, which implies CHF 3.44 billion in sales. It's also expecting an adjusted EBITDA range of 18.5-19.0%, which reflects a relatively flat margin at the midpoint relative to an 18.8% margin in FY25. Wall Street, meanwhile, had wanted to see CHF 3.75 billion in sales for the year - 9% higher than the company's outlook. The margin outlook, which implies no further expansion, is also rather underwhelming. That said, is this a reason to panic and sell On? Certainly not. Recall that for FY25, the company's original guidance positioned the company to grow "at least 27% y/y to CHF 2.94 billion in revenue and achieve a 17.0-17.5% margin." On or...
Argentine fintech Ualá said it has raised $195 million in an equity funding round led by Allianz X, the venture capital arm of Germany’s insurance giant Allianz SE , that values the company at $3.2 billion. The funds will be used to accelerate growth and expand Ualá’s financial ecosystem across Latin America, the company said. New and existing investors participated in the round including Stone Ri...
Argentine fintech Ualá said it has raised $195 million in an equity funding round led by Allianz X, the venture capital arm of Germany’s insurance giant Allianz SE , that values the company at $3.2 billion. The funds will be used to accelerate growth and expand Ualá’s financial ecosystem across Latin America, the company said. New and existing investors participated in the round including Stone Ridge Holdings Group , Tencent , Soros Fund Management LLC, TABLE Holdings LP, and D1 Capital Partners. The raise builds on Ualá’s Series E round in 2024 that put a $2.75 billion valuation on the firm and totaled $366 million. The additional funding also deepens the fintech’s partnership with Allianz, particularly in embedded insurance, just weeks after Ualá launched life insurance and accident coverage within its app for customers in Argentina. The funding comes as companies grow more optimistic about Argentina’s outlook following midterm elections last October, with inflation easing, interest rates trending lower and a more stable macroeconomic backdrop that could support a rebound in lending and consumer credit. Founded in 2017, Ualá now offers payments, credit, merchant acquiring and investment products and serves more than 11 million customers across Argentina, Mexico and Colombia. Nu, Revolut Lead Fintech Quest for Mexico’s Middle-Class Wealth Ualá Raises $66 Million in Series E Follow-On With Televisa Argentina’s Ualá Reaches $2.75 Billion Valuation
Though progress has been made in recent years, Black women still face a tough battle to secure seats on corporate boards. Insufficient sponsorship, minimal access to professional networks, and entrenched racial and gender bias reportedly are contributing reasons fueling the inequalities. Women made up 38% of director appointments last year, below 42% in 2024 and declining from a peak of 47% in 202...
Though progress has been made in recent years, Black women still face a tough battle to secure seats on corporate boards. Insufficient sponsorship, minimal access to professional networks, and entrenched racial and gender bias reportedly are contributing reasons fueling the inequalities. Women made up 38% of director appointments last year, below 42% in 2024 and declining from a peak of 47% in 2020. The figures are from this index, which includes directors in a diverse class. Offering some perspective, the 2026 BLACK ENTERPRISE Women of Power Summit will feature sessions on women who oversee the highest levels of corporate leadership. Melonie Parker, vice president of employee engagement at tech powerhouse Google, provided expertise on how Black women in executive roles can transition to board director positions. She has first-hand experience. She is on the boards of the Thurgood Marshall College Fund and Virginia HBCU, Hampton University, and a board director at The Executive Leadership Council. The distinguished global organization centers developing Black corporate C-suite and board leaders. Parker supplied BLACK ENTERPRISE with email insights to help Black women evolve to board directorship. She reflected on shifting your focus from operations to governance. She says when you become a board member, your focus shifts from day-to-day operations to strategic governance. She explained that your role on a board is one of oversight, including setting ethical guardrails, managing enterprise risk, and ensuring strategic alignment. She says, “The ability to pivot your expertise from managing operations to a higher-level governance mindset is crucial for success.” Also, she urges prioritizing enterprise-wide strategy and analytical acumen. For Parker, she says the most valuable preparation came from holding strategic, enterprise-wide strategy roles. This means being in positions where your decisions affect the trajectory of the entire organization, not just one function. ...