In this article CFR-CH KER-FR BRBY-GB MC-FR Follow your favorite stocks CREATE FREE ACCOUNT New York City. Adam Gray | Reuters Luxury stocks were among the hardest hit sectors early Tuesday, with European markets heading for another day of losses as the conflict in the Middle East intensified overnight. Shares of conglomerate LVMH , Gucci-owner Kering , and British outerwear maker Burberry were am...
In this article CFR-CH KER-FR BRBY-GB MC-FR Follow your favorite stocks CREATE FREE ACCOUNT New York City. Adam Gray | Reuters Luxury stocks were among the hardest hit sectors early Tuesday, with European markets heading for another day of losses as the conflict in the Middle East intensified overnight. Shares of conglomerate LVMH , Gucci-owner Kering , and British outerwear maker Burberry were among the worst performers, with week-to-date losses approaching 10% each. The wider European blue-chip index, Stoxx 600 , was down nearly 3% Tuesday, after falling 1.6% on Monday. The Middle East has been a driver of growth in the sector, which is battling a difficult macroeconomic backdrop, and many formerly best-selling brands are struggling to resonate with consumers. The region's strength, however, hasn't been enough to offset weakness elsewhere, notably in China , and industry giants like LVMH and Kering are still struggling to get sales back on a positive track. "The Middle East has been one of the few bright spots," Morningstar analyst Jelena Sokolova told CNBC. "You have one area which was small, but which was very, very vibrant, and it's being affected now." The U.S. and Israel launched widespread attacks on Iran over the weekend that killed the country's Supreme Leader Ayatollah Ali Khamenei. Iran responded with retaliatory strikes, and the conflict now engulfs the wider Middle East region with no clear endpoint in sight. U.S. President Donald Trump has said the war could last for four to five weeks, but that it could go on "far longer than that." Shares of Richemont , the owner of Cartier, Van Cleef, and Chloé, fell heavily on Monday and Tuesday, with a relatively big exposure to the region. Stock Chart Icon Stock chart icon Luxury stocks fall as the U.S.-Iran conflict escalates. But even with Middle East revenue exposure on average in the mid- to-high single digits for luxury brands, repercussions could spread if a conflict lasts for weeks or even months. "If peo...
TLDR PLTR shares rose 5.8% on Monday, marking a 13% climb across four consecutive trading sessions amid escalating US-Israeli strikes on Iran. Wall Street saw eight firms upgrade Palantir during last month’s 38% correction from November’s all-time high. Rosenblatt Securities lifted its price target from $150 to $200, pointing to conflict-driven demand for AI defense platforms. A government mandate...
TLDR PLTR shares rose 5.8% on Monday, marking a 13% climb across four consecutive trading sessions amid escalating US-Israeli strikes on Iran. Wall Street saw eight firms upgrade Palantir during last month’s 38% correction from November’s all-time high. Rosenblatt Securities lifted its price target from $150 to $200, pointing to conflict-driven demand for AI defense platforms. A government mandate issued February 27 phases out Anthropic’s AI models from federal use within six months, creating potential opportunities for Palantir. Analyst coverage shows 20 of 31 firms now assign buy ratings to PLTR, a significant increase from nine buy ratings in early January. Palantir Technologies has weathered a challenging period recently. Between November 3’s record peak and February 24, shares plummeted 38%, weighed down by steep valuation multiples and public scrutiny surrounding its ICE and Department of Homeland Security partnerships. The selloff intensified when prominent investor Michael Burry questioned the company’s long-term growth trajectory. Palantir Technologies Inc., PLTR However, sentiment has reversed dramatically. Military action by the US and Israel targeting Iran triggered a sharp rebound in PLTR shares last week. Monday’s session alone delivered a 5.8% gain, extending the four-day advance to 13%. The Trump administration indicated the conflict may persist for weeks, while Iranian leadership suggests an even longer timeframe. For a business generating approximately 50% of revenue from US government and defense contracts, such geopolitical developments carry significant weight. “The stock’s positive momentum reflects an emotional response to Palantir’s strategic positioning within government and military frameworks,” explained Tim Pagliara, chief investment officer at Capwealth Advisors. “The conflict underscores how deeply integrated the company has become with government operations and the competitive advantage that creates.” This surge follows a substantial w...
L.B. Foster (FSTR) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.66 per share. This compares to a loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -66.50%. A quarter ago, it was expected that this railroad track manufacturer would post earnings of $0.61 ...
L.B. Foster (FSTR) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.66 per share. This compares to a loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -66.50%. A quarter ago, it was expected that this railroad track manufacturer would post earnings of $0.61 per share when it actually produced earnings of $0.4, delivering a surprise of -34.43%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. L.B. Foster, which belongs to the Zacks Steel - Producers industry, posted revenues of $160.37 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 1.57%. This compares to year-ago revenues of $128.18 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. L.B. Foster shares have added about 19.4% since the beginning of the year versus the S&P 500's gain of 0.5%. What's Next for L.B. Foster? While L.B. Foster has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estima...
Sarah Everard’s mother said her daughter “added to the beauty of the world” as she paid tribute to her humour and principled nature on the five-year anniversary of her murder. Writing for British Vogue, alongside a picture of Sarah taken at V festival for an online street style series in 2010, Susan Everard said she “loved clothes and fashion” and had “her whole life ahead of her” when the photo w...
Sarah Everard’s mother said her daughter “added to the beauty of the world” as she paid tribute to her humour and principled nature on the five-year anniversary of her murder. Writing for British Vogue, alongside a picture of Sarah taken at V festival for an online street style series in 2010, Susan Everard said she “loved clothes and fashion” and had “her whole life ahead of her” when the photo was taken. “It was a golden time when she had recently graduated and was back home from travels to south-east Asia and already making plans for future adventures” she said. “Although it is bittersweet, I love to see her, happy and beautiful, with her whole life ahead of her.” Susan Everard recounted some of the ways she missed her daughter, including swapping recipes, asking for her advice and hearing her laugh. She described Sarah as “thoughtful, dependable and highly principled”, and said she “appreciated the absurd but could also be outraged at injustice and bad behaviour.” Susan said she had only seen her daughter’s home in Brixton Hill, where she was returning to on the night she was abducted on 3 March 2021, on video due to the Covid-19 pandemic lockdown. When she cleared it after Sarah’s death, along with Sarah’s father, Jeremy, they could “see how cleverly she had styled it and how welcoming she had made her home”, she said. “Sarah had many talents but, in particular, I like to think of her dancing – she was a beautiful dancer,” she wrote. “Most of all, she was a loving and caring young woman; her many friendships are a testament to her lovely nature.” The Everard family remained a “close family” of four, Susan said, who were navigating the future together while celebrating Sarah and meeting up with her friends. Sarah Everard, 33, was kidnapped, raped and murdered by an off-duty Metropolitan police constable, Wayne Couzens, who is serving a whole-life order in prison. It later emerged he had a history of alleged sexual offending and failings in the vetting process ha...
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landbysea/iStock Unreleased via Getty Images It has already been six months since my previous coverage of W&T Offshore, Inc. ( WTI ). Its value has already risen by 50%, which justifies my buy rating. Today, the price rally continues ahead of the Q4 2025 release this week. But I think this is still reasonable if we relate it to fundamentals, valuation, and current oil price trends. Technicals adhe...
landbysea/iStock Unreleased via Getty Images It has already been six months since my previous coverage of W&T Offshore, Inc. ( WTI ). Its value has already risen by 50%, which justifies my buy rating. Today, the price rally continues ahead of the Q4 2025 release this week. But I think this is still reasonable if we relate it to fundamentals, valuation, and current oil price trends. Technicals adhere to it amid bullish signals, although caution is advised after recent overbuying. W&T Offshore: How It Has Been Recently In the months that followed my previous analysis, we have seen some interesting changes. Mixed market conditions persisted, leading to the offsetting effect between oil and gas prices. But amid all these things, W&T Offshore emerged stronger with its strategic production volume and increased attention to natural gas. We have seen this in its most recent performance. As you can see, its oil and gas sales volume rose YoY and QoQ. For oil, low prices attracted more buyers. Also, this made refined products like fuel and gasoline cheaper. The only downside was that oil prices remained weaker, aggravated by the OPEC oil hike. Despite this, its increased natural gas sales price and volume rose. The sharp price surge in natural gas prices during the second half made sales and production more profitable. It is also worth noting that the average operating expenses decreased despite stubborn inflation. This can indicate W&T's increased efficiency. It also benefited from lower oil prices due to lower fuel expenses needed for its operations. Operational Metrics (WTI Q3 2025 Release) With all this information, you saw how its operating revenues have risen in the past year. The total revenues reached $127.5M , up by 5.1% YoY from $121.4M and 4.2% QoQ from $122.4M. Meanwhile, its operating expenses remained stable. So even if it continued to incur an operating loss, it improved a lot from the same quarter in the previous year. With that, the operating margin improved t...
Just_Super Okta ( OKTA ), Check Point Software ( CHKP ), Zscaler ( ZS ), and several other cybersecurity stocks were in the spotlight on Tuesday as Wells Fargo initiated coverage on the sector. Okta was initiated with an Equal-Weight rating and a $76 price target, while Check Point and Zscaler were rated Equal-Weight and Overweight, respectively. Wells Fargo put price targets of $165 and $200 on t...
Just_Super Okta ( OKTA ), Check Point Software ( CHKP ), Zscaler ( ZS ), and several other cybersecurity stocks were in the spotlight on Tuesday as Wells Fargo initiated coverage on the sector. Okta was initiated with an Equal-Weight rating and a $76 price target, while Check Point and Zscaler were rated Equal-Weight and Overweight, respectively. Wells Fargo put price targets of $165 and $200 on the pair. Other stocks that received coverage include Fortinet ( FTNT ) (Underweight, $64 price target), Varonis Systems (Overweight, $28 price target), CrowdStrike ( CRWD ) (Overweight, $450 price target), SailPoint ( SAIL ) (Overweight, $17 price target), Palo Alto Networks ( PANW ) (Overweight, $200 price target), Tenable ( TENB ) (Equal-Weight, $19 price target), and Netskope ( NTSK ) (Overweight, $13 price target). More on cybersecurity Zscaler, Inc. (ZS) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Zscaler, Inc. (ZS) Q2 2026 Earnings Call Transcript Zscaler's AI-Powered Security: A Compelling Case For Aggressive Growth Investors Zscaler falls despite Q2 beat, analysts say investors expecting more upside Zscaler targets $3.745B ARR for 2026 as AI security and Zero Trust adoption accelerate
Alistair Berg Stock index futures were sharply lower before the opening bell as tech weakness weighed heavily on markets, with chip stocks taking a significant hit following a plunge in South Korea’s KOSPI index. Here are the four stocks to watch on the day: Paramount Skydance ( PSKY ) fell 5.10% in premarket trade after Fitch Ratings downgraded the company’s corporate and long-term borrower ratin...
Alistair Berg Stock index futures were sharply lower before the opening bell as tech weakness weighed heavily on markets, with chip stocks taking a significant hit following a plunge in South Korea’s KOSPI index. Here are the four stocks to watch on the day: Paramount Skydance ( PSKY ) fell 5.10% in premarket trade after Fitch Ratings downgraded the company’s corporate and long-term borrower ratings to junk status. The downgrade followed the company’s agreement to acquire larger rival Warner Bros. Discovery (WBD). The deal is expected to leave the combined entity with approximately $79 billion in net debt. SoFi Technologies ( SOFI ) slipped 1.69% in premarket trading despite announcing a partnership with Mastercard (MA) to enable settlement of its U.S. dollar stablecoin across Mastercard’s global payments network. SoFi-USD is the San Francisco-based financial services provider’s fully reserved U.S. dollar stablecoin, marking the first such offering by a U.S. nationally chartered and insured deposit bank on a public, permissionless blockchain. Unity Software ( U ) declined 2.28% in premarket trade even as Bank of America upgraded the software company to Neutral from Underperform. Analyst Omar Dessousky cited improved valuation in the upgrade, writing that “the balance of risk has improved.” Dessousky maintains a $19 price target on the stock. Pinterest ( PINS ) surged 8% in early trading after announcing that affiliates of Elliott Investment Management are investing $1 billion in the image-sharing platform. The company expects to use the proceeds from Elliott’s investment to repurchase shares of its Class A common stock through a $1 billion accelerated share repurchase agreement. More related stories Paramount Skydance: Be Careful What You Wish For, Mr. Ellison The Long Netflix, Short Paramount Trade: Sounds Great, Trades Terribly Paramount Skydance: Not Worth Pursuing Warner Bros. Discovery SoFi ties up with Mastercard to enable settlement of SoFi-USD stablecoin acr...
(RTTNews) - Biopharmaceutical company Absci Corp. (ABSI) announced Tuesday the appointment of Ransi Somaratne as Chief Medical Officer. A former Vertex executive, Somaratne will spearhead the clinical development strategy and execution for Abscis expanding pipeline of AI-designed therapeutics. Somaratne is a physician-scientist and seasoned biopharmaceutical executive who joins Absci from Vertex P...
(RTTNews) - Biopharmaceutical company Absci Corp. (ABSI) announced Tuesday the appointment of Ransi Somaratne as Chief Medical Officer. A former Vertex executive, Somaratne will spearhead the clinical development strategy and execution for Abscis expanding pipeline of AI-designed therapeutics. Somaratne is a physician-scientist and seasoned biopharmaceutical executive who joins Absci from Vertex Pharmaceuticals, where he served as Senior Vice President of Clinical Development. He previously held various scientific leadership roles at BioMarin Pharmaceutical and Amgen. Alongside Somaratne's appointment, Absci announced the retirement of Chief Innovation Officer Andreas Busch. He was a driving force in building Abscis AI-designed therapeutics pipeline, most notably in the discovery and development of ABS-201. Busch will transition from his executive duties on March 31, 2026 to co-chair Abscis Scientific Advisory Board, where he will continue to provide scientific and strategic advice and oversight to the company. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Palantir stock was falling early Tuesday with investors tempering their hopes for the company to be a beneficiary from the use of AI in U.S. military action.
Palantir stock was falling early Tuesday with investors tempering their hopes for the company to be a beneficiary from the use of AI in U.S. military action.
"From Orderly Selloff, To Panic": Stocks, Bonds Plunge As Oil, Dollar Soar On Iran War US equity futures are down sharply, along with all global markets, as the Iran war expands and escalates (attack on US embassy in Saudi Arabia; uncertainty over duration of Strait of Hormuz closure; targeting non-military infra / businesses) rattling markets and sending oil and the dollar surging. Global bonds a...
"From Orderly Selloff, To Panic": Stocks, Bonds Plunge As Oil, Dollar Soar On Iran War US equity futures are down sharply, along with all global markets, as the Iran war expands and escalates (attack on US embassy in Saudi Arabia; uncertainty over duration of Strait of Hormuz closure; targeting non-military infra / businesses) rattling markets and sending oil and the dollar surging. Global bonds also plunge on fears that Trump’s “whatever it takes” vow on Iran will fuel energy prices and inflation. As of 8:00am ET, S&P futures are down 1.4%, off session lows, as market odds for Fed rate cuts in the coming months slide on the spike in oil prices; Nasdaq futures tumble 1.9% with all Mag 7 names lower. Pre-market, only Energy and Aero/Def are up in absolute terms while healthcare and staples outperfom. European and Asian equity benchmarks headed for their worst two-day drop since April. While yesterday dip-buyers helped US stocks close little changed, they may have their work cut out for them today. WTI crude trades above $75, Brent touching $85 for the first time since 2024, and European gas futures up 70% over the last two days; after soaring on Monday, precious metals are smashed today as the USD rips. Ten-year Treasury yields climbed six basis points to 4.10% as expectations dimmed for a second Federal Reserve cut in 2026. A surprise acceleration in euro-area inflation added to bets that the European Central Bank could raise rates this year. The yield on two-year UK gilts surged 16 basis points. Currently, there is no defined off-ramp with initial timelines expanding from 1 week to one month; and now potentially longer and the US has not ruled out a ground war. Mercifully there is no macro events today. In premarket trading, all Mag 7 names are sharply lower. Nvidia lags most peers as US officials are considering caps on the number of AI accelerators the semiconductor giant can export to any one Chinese company (Nvidia -2.2%, Alphabet -2.4%, Amazon -2%, Tesla -1.6%...
But a few days later, people here in Ukraine's capital have felt an almost tangible shift of focus away to another conflict. Some here have pointed out the reaction of Gulf residents to drone strikes that in Kyiv would prompt no more than a shrug. But more fear what the fighting in the Middle East might mean for them.
But a few days later, people here in Ukraine's capital have felt an almost tangible shift of focus away to another conflict. Some here have pointed out the reaction of Gulf residents to drone strikes that in Kyiv would prompt no more than a shrug. But more fear what the fighting in the Middle East might mean for them.
Wall Street saw an impressive bull run in the last three years. However, 2026 has turned out mixed so far for the U.S. stock markets. Volatility gripped Wall Street in February primarily due to three factors discussed later. At this juncture, investment in low-beta (beta >0<1) stocks with high dividend yields (>2%) and a favorable Zacks Rank will be the best option. If markets regain momentum, the...
Wall Street saw an impressive bull run in the last three years. However, 2026 has turned out mixed so far for the U.S. stock markets. Volatility gripped Wall Street in February primarily due to three factors discussed later. At this juncture, investment in low-beta (beta >0<1) stocks with high dividend yields (>2%) and a favorable Zacks Rank will be the best option. If markets regain momentum, the favorable Zacks Rank of these stocks will capture the upside potential. However, if the downtrend continues, low-beta stocks will minimize portfolio losses and dividend payments will act as a regular income stream. Five such stocks are: The Hershey Co. HSY, BHP Group Ltd. BHP, Rio Tinto Group RIO, Atmos Energy Corp. ATO and Entergy Corp. ETR. Each of our picks currently carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Volatility Reappears on Wall Street The primary source of recent volatility is the concern about the continuity of the AI trade. Investors are worried about the sustainability of the ongoing massive AI capital expenditure by hyperscalers given the uncertainty of the timing of monetization. Moreover, investors are also skeptical that AI tools will eventually cannibalize the enterprise software market. The second source of volatility is the uncertainty about President Donald Trump’s Liberation Day tariffs, their legal validity of imposition and impacts. A sticky inflation rate further complicated the situation. Moreover, market participants have no clue about the Fed’s future course of interest rate trajectory. Finally, geopolitical conflicts, especially in the Middle East, are causes of concern. The recent war in that region with Iran is likely to inflate global crude oil prices. This will severely impact the inflationary situation across the world. The chart below shows the price performance of our five picks year to date. Image Source: Zacks Investment Research The Hershey Co. Zacks R...
matejmo/iStock via Getty Images By Hakan Kaya, PhD A joint U.S.-Israeli strike on Iran's leadership and energy infrastructure has put the world's most critical oil chokepoint at risk - and the price consequences could be nonlinear. The events of this weekend have fundamentally altered the geopolitical landscape of the Middle East. A joint US and Israeli military operation has struck Iran's leaders...
matejmo/iStock via Getty Images By Hakan Kaya, PhD A joint U.S.-Israeli strike on Iran's leadership and energy infrastructure has put the world's most critical oil chokepoint at risk - and the price consequences could be nonlinear. The events of this weekend have fundamentally altered the geopolitical landscape of the Middle East. A joint US and Israeli military operation has struck Iran's leadership, military infrastructure, and key energy assets. Supreme Leader Ali Khamenei is confirmed dead. Explosions have been reported at or near Kharg Island, Iran's primary oil export terminal. Transit through the Strait of Hormuz, the most important energy chokepoint in the world, has not formally closed but has slowed substantially, with commercial vessels rerouting or pausing in the face of uncertainty. The scale of what is at stake cannot be overstated. Iran produces roughly 3.4 million barrels per day of crude and condensate and exports about 1.7 million barrels per day, overwhelmingly to China. But the real exposure is the Strait itself. Approximately 20 million barrels per day of oil and nearly a fifth of global LNG supply transit through Hormuz. If the Strait remains impaired for any meaningful duration, the price consequences become nonlinear. A partial slowdown lasting a week or two can be absorbed through storage drawdowns and delayed cargoes. A full or near-full closure lasting a month or more would require demand destruction at levels that could push crude well into triple digits and European natural gas prices toward or above the crisis levels seen in 2022. The relationship between disruption length and price is not proportional - it accelerates. Every additional week of closure compounds the problem because storage buffers deplete, refiner production cuts cascade, and replacement cargoes from outside the region take time to mobilize. Paths Forward From Here There are several paths forward from here, and we expect that markets will remain volatile. The first path...