OpenAI (OPAI.PVT) CEO Sam Altman said on Monday that the ChatGPT maker was amending its agreement with the Department of Defense to explicitly state its principle of not surveilling Americans. In a post on X, Altman said that the company was trying to deescalate a standoff between the Pentagon and OpenAI's rival Anthropic (ANTH.PVT) but admitted that the timing of the deal made it appear "opportun...
OpenAI (OPAI.PVT) CEO Sam Altman said on Monday that the ChatGPT maker was amending its agreement with the Department of Defense to explicitly state its principle of not surveilling Americans. In a post on X, Altman said that the company was trying to deescalate a standoff between the Pentagon and OpenAI's rival Anthropic (ANTH.PVT) but admitted that the timing of the deal made it appear "opportunistic and sloppy." OpenAI's deal came just after President Trump ordered all government agencies to cease using rival Anthropic's (ANTH.PVT) technology amid a dispute between the two parties over the government's use of Anthropic's models. OpenAI argued that its deal to deploy advanced AI systems in classified environments shared Anthropic's red lines: not to use models for mass surveillance of US citizens and not to use them to develop fully autonomous weapons. The deal coincided with the US-Israeli strikes on Iran and retaliatory fighting in the Middle East over the weekend and continuing into this week. Amazon's (AMZN) cloud unit said two of its data centers in the UAE and Bahrain were struck by drones, potentially disrupting service. Meanwhile, Apple's (AAPL) three-day product release schedule ahead of a March 4 event continues. On Monday, the company announced a $599 entry-level smartphone, the iPhone 17e, as well as two new iPad Airs. Follow along for the latest updates on the tech sector. LIVE 36 updates
Marex Group PLC (MRX) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +10.16%. A quarter ago, it was expected that this company would post earnings of $0.92 per share when ...
Marex Group PLC (MRX) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +10.16%. A quarter ago, it was expected that this company would post earnings of $0.92 per share when it actually produced earnings of $0.96, delivering a surprise of +4.35%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Marex Group PLC, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $572.1 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 8.76%. This compares to year-ago revenues of $415.6 million. The company has topped consensus revenue estimates four times 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. Marex Group PLC shares have added about 14.2% since the beginning of the year versus the S&P 500's gain of 0.5%. What's Next for Marex Group PLC? While Marex Group PLC 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 ea...
Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images NCR Atleos ( NATL ) - Investment Thesis In my June 2025 article, " NCR Atleos: Reports Of Death Of Cash Are Greatly Exaggerated ," with the share price at $27.98, I rated NCR a Buy on the basis of its plans to assist banks by taking over a large part of their labor-intensive customer services. This would be done by providing NCR Atle...
Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images NCR Atleos ( NATL ) - Investment Thesis In my June 2025 article, " NCR Atleos: Reports Of Death Of Cash Are Greatly Exaggerated ," with the share price at $27.98, I rated NCR a Buy on the basis of its plans to assist banks by taking over a large part of their labor-intensive customer services. This would be done by providing NCR Atleos-owned ATMs as a service, "ATMaaS," with expanded capabilities for these ATMs. The Brink's Company ( BCO ) is obviously following down a similar path, but their business is overwhelmingly cash delivery and custody services. Looking at this strategically, the cash delivery and custody business is subject to negative growth and margins under pressure, but it is not possible to provide a full ATM service without cash delivery support. So the combination would give Brink's the capability to quickly expand and grow the more profitable ATMaaS business while guaranteeing less profitable but essential cash delivery services. Strategically, the combination looks very positive. There is a deal of water to flow under the bridge before this transaction could be consummated, and competing bid/s could emerge. The combined entity would also likely qualify for S&P 500 inclusion, which could provide a boost to Brink's stock price post-transaction closing. The current NCR Atleos share price, $48.13 at close on Mar. 2, 2026, remains under the transaction offer value of $49.81, based on Brink's current share price, and I maintain a Buy rating for NCR Atleos stock. The proposed transaction is analysed in greater detail below. Brink's Offer - Background The Brink's Company and NCR Atleos Corporation have announced a proposed transaction whereby Brink's would acquire NCR Atleos in a cash and share offer, as summarized in the slide below from a joint Brink's and NCR Atleos presentation to shareholders on Feb. 26, 2026. Slide 1 SEC filings There are three issues here for NCR Atleos common stockho...
The artificial intelligence (AI) data center investing theme has been on fire over the last year. That said, valuations still matter, and investors need to consider what they are buying when they invest in data center infrastructure companies like Vertiv (VRT +0.96%). Vertiv's growth keeps exceeding expectations I last discussed the data center power and thermal management technology stock in mid-...
The artificial intelligence (AI) data center investing theme has been on fire over the last year. That said, valuations still matter, and investors need to consider what they are buying when they invest in data center infrastructure companies like Vertiv (VRT +0.96%). Vertiv's growth keeps exceeding expectations I last discussed the data center power and thermal management technology stock in mid-January, and it is up 52% since then, up 62% in 2026, and up 185% over the last year. Its remarkable performance consistently exceeds expectations for revenue and, importantly, order growth. The order growth continues to generate a massive increase in backlog (as shown below), and given the recent capital spending commitments made by hyperscalers like Amazon, Alphabet, and Microsoft, it's understandable if investors start penciling in more growth over the medium term. Wall Street expectations for Vertiv Wall Street has already started upgrading estimates, with the consensus (shown below) for 2026 matching Vertiv management's recent estimate of $2.1 billion to $2.3 billion in free cash flow (FCF). Here is a truncated discounted cash flow analysis reverse-engineered to determine the terminal growth rate required to justify the current enterprise value of $100 billion. I've used Wall Street consensus FCF to 2028, and assumed 14% and 15% growth (g) in line with market expectations for data center spending, rising from $1 trillion in 2026 to $1.7 trillion in 2020. I've used a weighted average cost of capital (WACC) of 9%, which is in line with an industrial technology company. Metric 2026 Est. 2027 Est. 2028 Est. 2029 Est. 2030 Est. Free cash flow $2.287 billion $2.669 billion $3.543 billion $4.048 billion $4.648 billion Discount factor 0.92 0.84 0.77 0.71 0.65 Present value $2.098 billion $2.246 billion $2.736 billion $2.868 billion $3.021 billion Sum of present value for the next 5 years $12.97 million N/A N/A N/A N/A Taking the current $100 billion valuation and subtracting t...
Key Points Vertiv is likely to outperform as long as AI data center momentum continues to grow. A discounted cash flow analysis suggests the stock is, at the least, priced to perfection. 10 stocks we like better than Vertiv › The artificial intelligence (AI) data center investing theme has been on fire over the last year. That said, valuations still matter, and investors need to consider what they...
Key Points Vertiv is likely to outperform as long as AI data center momentum continues to grow. A discounted cash flow analysis suggests the stock is, at the least, priced to perfection. 10 stocks we like better than Vertiv › The artificial intelligence (AI) data center investing theme has been on fire over the last year. That said, valuations still matter, and investors need to consider what they are buying when they invest in data center infrastructure companies like Vertiv (NYSE: VRT). Vertiv's growth keeps exceeding expectations I last discussed the data center power and thermal management technology stock in mid-January, and it is up 52% since then, up 62% in 2026, and up 185% over the last year. Its remarkable performance consistently exceeds expectations for revenue and, importantly, order growth. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The order growth continues to generate a massive increase in backlog (as shown below), and given the recent capital spending commitments made by hyperscalers like Amazon, Alphabet, and Microsoft, it's understandable if investors start penciling in more growth over the medium term. Wall Street expectations for Vertiv Wall Street has already started upgrading estimates, with the consensus (shown below) for 2026 matching Vertiv management's recent estimate of $2.1 billion to $2.3 billion in free cash flow (FCF). Here is a truncated discounted cash flow analysis reverse-engineered to determine the terminal growth rate required to justify the current enterprise value of $100 billion. I've used Wall Street consensus FCF to 2028, and assumed 14% and 15% growth (g) in line with market expectations for data center spending, rising from $1 trillion in 2026 to $1.7 trillion in 2020. I've used a weighted average cost of capital (WACC) of 9%, which is in line wit...
Best Buy posted mixed quarterly earnings and signaled weak growth in the year ahead. The stock was surging in premarket trading Tuesday. For the fiscal fourth quarter, Best Buy posted adjusted earnings of $2.61 a share, sharply above analysts’ calls for $2.46.
Best Buy posted mixed quarterly earnings and signaled weak growth in the year ahead. The stock was surging in premarket trading Tuesday. For the fiscal fourth quarter, Best Buy posted adjusted earnings of $2.61 a share, sharply above analysts’ calls for $2.46.
Alex Wong/Getty Images News The director of the National Institutes of Health (NIH), Jay Bhattacharya, who was recently named as the acting director of the Centers for Disease Control and Prevention (CDC), has urged Americans to get vaccines to protect themselves against measles. “There is no cure for measles, which is why prevention is so critical,” Bhattacharya said in a video message posted on ...
Alex Wong/Getty Images News The director of the National Institutes of Health (NIH), Jay Bhattacharya, who was recently named as the acting director of the Centers for Disease Control and Prevention (CDC), has urged Americans to get vaccines to protect themselves against measles. “There is no cure for measles, which is why prevention is so critical,” Bhattacharya said in a video message posted on X on Monday. “The MMR vaccine remains the most reliable and effective way to prevent it,” he noted, adding, “Vaccination protects not only individuals but entire communities.” His remarks come at a time when South Carolina is facing a measles outbreak that has accounted for a vast majority of U.S. cases. On Friday, the South Carolina Department of Public Health reported 985 measles cases, while the CDC recorded more than 1,000 cases across the U.S. as of Feb. 26. Merck ( MRK ) and GSK ( GSK ) market MMR vaccines in the U.S. More on Merck, GSK Health Care Q4 Dividend Roundup: Merck Offers Thicker Dividend Cushion Than AbbVie Merck: Why Investors Should Remain Bullish Despite Patent Risks GSK: Post-Pivot Buoyancy Set To Continue After Strong 2025 (Upgrade) Merck's Keytruda shows overall survival benefit in ovarian cancer FDA reportedly eyeing staff bonuses to accelerate drug reviews
Shell Plc is committed to inject 3.5 billion reais ($666 million) in Brazilian ethanol producer Raízen SA , a joint venture it has in partnership with Cosan SA . The company also expects Cosan to invest an equal amount in Raízen, the head of Shell in Brazil Cristiano Pinto da Costa said in a presser in Rio de Janeiro. Bloomberg News reported late last month that the companies were in advanced talk...
Shell Plc is committed to inject 3.5 billion reais ($666 million) in Brazilian ethanol producer Raízen SA , a joint venture it has in partnership with Cosan SA . The company also expects Cosan to invest an equal amount in Raízen, the head of Shell in Brazil Cristiano Pinto da Costa said in a presser in Rio de Janeiro. Bloomberg News reported late last month that the companies were in advanced talks to inject new capital into the struggling joint venture. “Negotiations remain active with the goal of finding a structural and long-term solution for Raízen that is consistent with the constraints of each of the actors involved,” Pinto da Costa said. Raízen, one of the world’s largest ethanol producers, is seeking fresh funding after being squeezed by high interest rates, weaker-than-expected harvests and a series of investments that have yet to deliver meaningful returns. Its credit rating has been slashed and bonds have plummeted as its financial situation has deteriorated. Read More: Shell, Cosan, BTG Said to Advance in Capital Deal for Raízen (1) Brazil President Luiz Inácio Lula da Silva has had direct involvement in discussions over Raízen, underscoring the political and economic stakes surrounding the company’s mounting financial distress. The government has grown increasingly concerned that a disorderly restructuring could rattle credit markets and dent investor confidence at a delicate moment for Latin America’s largest economy. Read More: Lula Summoned Raízen Owners Amid Effort to Avoid Bankruptcy At the center of negotiations are Raízen’s shareholders — Cosan and Shell — alongside Banco BTG Pactual SA, which has proposed investing in the company’s fuel distribution arm as part of a broader restructuring, Bloomberg reported in February. Creditors, however, have pushed back , arguing that the proposed equity injection is insufficient given the scale of Raízen’s leverage and deteriorating credit profile. Some bondholders and banks have called for a substantially l...
(RTTNews) - Paysafe Limited (PSFE), an online payments company, on Tuesday reported a net loss for the final quarter of 2025. However, the company posted an increase in revenue. For the three-month period to December 31, 2025, the company posted a net loss of $25.228 million, or $0.45 per share, compared with a net income of $33.511 million, or $0.54 per share in the same period last year. This ne...
(RTTNews) - Paysafe Limited (PSFE), an online payments company, on Tuesday reported a net loss for the final quarter of 2025. However, the company posted an increase in revenue. For the three-month period to December 31, 2025, the company posted a net loss of $25.228 million, or $0.45 per share, compared with a net income of $33.511 million, or $0.54 per share in the same period last year. This net loss reflects higher restructuring and other costs, and other expenses. Restructuring and other costs stood at $21.946 million as against $3.658 million a year ago. Other expenses were $1.064 million, compared with a gain of $19.465 million last year. Excluding items, earnings slipped to $25.515 million, or $0.46 per share from $29.563 million, or $0.48 per share in 2024. Adjusted EBITDA was $102.081 million, less than $103.345 million a year ago. Operating income plunged to $2.043 million from the previous year's $29.511 million. Revenue was $438.355 million, up from $420.070 million a year ago. Looking ahead, for the full year, the company expects a rise in earnings and revenue. For fiscal 2026, Paysafe expects adjusted income of $2.12 to $2.32 per share, with adjusted EBITDA of $449 million to $464 million, on revenue of $1.790 billion to $1.830 billion. For fiscal 2025, the company has posted adjusted income of $1.95 per share, with adjusted EBITDA of $428.8 million, on revenue of $1.701 billion. PSFE was up by 8.45% at $6.73 in the pre-market trade on the New York Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.