(RTTNews) - Superior Group of Companies, Inc. (SGC) announced a profit for its fourth quarter that Increased, from the same period last year The company's earnings came in at $3.46 million, or $0.23 per share. This compares with $2.09 million, or $0.13 per share, last year. The company's revenue for the period rose 0.8% to $146.58 million from $145.41 million last year. Superior Group of Companies...
(RTTNews) - Superior Group of Companies, Inc. (SGC) announced a profit for its fourth quarter that Increased, from the same period last year The company's earnings came in at $3.46 million, or $0.23 per share. This compares with $2.09 million, or $0.13 per share, last year. The company's revenue for the period rose 0.8% to $146.58 million from $145.41 million last year. Superior Group of Companies, Inc. earnings at a glance (GAAP) : -Earnings: $3.46 Mln. vs. $2.09 Mln. last year. -EPS: $0.23 vs. $0.13 last year. -Revenue: $146.58 Mln vs. $145.41 Mln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Most-Traded SHFE Tin Contract Continued Its Downtrend in the Night Session After Hitting the Down-Limit in the Daytime Session, While Downstream Enterprises’ Purchasing Appetite Surged Significantly [SMM Tin Morning News] [SMM Tin Morning Update: The Most-Traded SHFE Tin Contract Continued Its Downtrend in the Night Session After Hitting the Down-Limit in the Daytime Session, While Downstream ...
The Most-Traded SHFE Tin Contract Continued Its Downtrend in the Night Session After Hitting the Down-Limit in the Daytime Session, While Downstream Enterprises’ Purchasing Appetite Surged Significantly [SMM Tin Morning News] [SMM Tin Morning Update: The Most-Traded SHFE Tin Contract Continued Its Downtrend in the Night Session After Hitting the Down-Limit in the Daytime Session, While Downstream Enterprises’ Purchasing Appetite Surged Significantly]
It has been a brutal stretch for shareholders of CoreWeave (CRWV 5.60%). Following the company's recent fourth-quarter earnings report in late February, the stock tumbled, shedding about 25% of its value over just a single week. To be fair, the artificial intelligence (AI) infrastructure provider posted some undeniably impressive top-line metrics. Revenue growth remains scorching hot, and the comp...
It has been a brutal stretch for shareholders of CoreWeave (CRWV 5.60%). Following the company's recent fourth-quarter earnings report in late February, the stock tumbled, shedding about 25% of its value over just a single week. To be fair, the artificial intelligence (AI) infrastructure provider posted some undeniably impressive top-line metrics. Revenue growth remains scorching hot, and the company's contracted revenue backlog swelled to a massive $66.8 billion. But shares sold off anyway. Investors are increasingly concerned about the business's underlying unit economics. Operating losses are accelerating alongside the top line, and management's aggressive spending plans for 2026 suggest the cash burn will only intensify in the quarters ahead. The high cost of scaling CoreWeave's top-line trajectory is phenomenal. Fourth-quarter revenue rose 110% year over year to $1.6 billion -- up substantially from $747 million in the year-ago period. That kind of hypergrowth is rare. "2025 was a defining year for CoreWeave as we became the fastest cloud in history to reach $5 billion in annual revenue," said CEO Michael Intrator in the company's fourth-quarter earnings release. Even more, the growth is poised to continue. The company guided 2026 revenue to be between $12 billion and $13 billion, resulting in 140% year-over-year growth. The problem is the profit profile. CoreWeave's fourth-quarter operating margin contracted sharply, falling from a positive 15.1% in the year-ago period to a negative 5.7% this quarter. And the company's net loss widened to $452 million. Putting its worsening financial profile into perspective, while revenue grew 110%, operating expenses surged 162% over the same period. That expanding deficit highlights the massive upfront cost of building and operating specialized data centers. Ultimately, CoreWeave is heavily reliant on debt to finance its infrastructure, and a significant portion of its revenue is immediately consumed by interest payments. A...
Key Points Fourth-quarter revenue more than doubled year over year to $1.6 billion, but the company's net loss widened significantly to $452 million. Management expects 2026 capital expenditures to reach at least $30 billion to support contracted customer demand. The stock's aggressive price-to-sales valuation leaves little room for error as the business burns through substantial cash. 10 stocks w...
Key Points Fourth-quarter revenue more than doubled year over year to $1.6 billion, but the company's net loss widened significantly to $452 million. Management expects 2026 capital expenditures to reach at least $30 billion to support contracted customer demand. The stock's aggressive price-to-sales valuation leaves little room for error as the business burns through substantial cash. 10 stocks we like better than CoreWeave › It has been a brutal stretch for shareholders of CoreWeave (NASDAQ: CRWV). Following the company's recent fourth-quarter earnings report in late February, the stock tumbled, shedding about 25% of its value over just a single week. To be fair, the artificial intelligence (AI) infrastructure provider posted some undeniably impressive top-line metrics. Revenue growth remains scorching hot, and the company's contracted revenue backlog swelled to a massive $66.8 billion. 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 » But shares sold off anyway. Investors are increasingly concerned about the business's underlying unit economics. Operating losses are accelerating alongside the top line, and management's aggressive spending plans for 2026 suggest the cash burn will only intensify in the quarters ahead. The high cost of scaling CoreWeave's top-line trajectory is phenomenal. Fourth-quarter revenue rose 110% year over year to $1.6 billion -- up substantially from $747 million in the year-ago period. That kind of hypergrowth is rare. "2025 was a defining year for CoreWeave as we became the fastest cloud in history to reach $5 billion in annual revenue," said CEO Michael Intrator in the company's fourth-quarter earnings release. Even more, the growth is poised to continue. The company guided 2026 revenue to be between $12 billion and $13 billion, resulting in 140% year-over-year growth....
Foreigners are fleeing from Asia’s hottest markets this year, as exuberance in the artificial-intelligence trade gives way to fears about an oil-driven inflation shock. Overseas investors sold about $3.1 billion of South Korean shares this week after offloading a record $13.7 billion last month. In Taiwan, they dumped another $3.6 billion , putting the market on track for the biggest weekly outflo...
Foreigners are fleeing from Asia’s hottest markets this year, as exuberance in the artificial-intelligence trade gives way to fears about an oil-driven inflation shock. Overseas investors sold about $3.1 billion of South Korean shares this week after offloading a record $13.7 billion last month. In Taiwan, they dumped another $3.6 billion , putting the market on track for the biggest weekly outflow since late December. The pullback has been concentrated in high-flying chipmakers that had propelled both markets to record highs until last month. In Korea, memory chip heavyweights Samsung Electronics Co. and SK Hynix Inc. have each fallen almost 20% this week, with the former headed for its worst two-day rout in almost five decades. Shares of Taiwan Semiconductor Manufacturing Co. have fallen more than 5% this week. “Crowded longs in AI and everything else were sold aggressively in the race to bring down exposures across markets as Iran situation seems to have deteriorated,” said Matthew Haupt , portfolio manager at Wilson Asset Management in Sydney. The selloff has landed heavily on AI linked stocks, he added, as questions linger over whether the sector’s big capital spending plans can ultimately generate enough profits. The week’s retreat has given fresh impetus to naysayers who have long warned that the euphoric rally in all things AI was running ahead of reality. The concerns are now colliding with a seismic geopolitical shock that’s forcing investors to reassess risk, game plan the inflationary threat of higher oil prices and consider how those pressures could ripple across global markets. Read more: Panic Sweeps Korean Stocks in Biggest Two-Day Crash Since 2008 Korea’s benchmark Kospi Index, which had been the world’s best performing market this year, tumbled more than 12% at some point on Wednesday, putting it on track for the worst day on record. The market was closed on Monday. Taiwan’s Taiex Index has tumbled more than 6% so far this week. The caution is also...
Bloomberg Foreigners are fleeing from Asia’s hottest markets this year, as exuberance in the artificial-intelligence trade gives way to fears about an oil-driven inflation shock. Overseas investors sold about $3.1 billion of South Korean shares this week after offloading a record $13.7 billion last month. In Taiwan, they dumped another $3.6 billion, putting the market on track for the biggest week...
Bloomberg Foreigners are fleeing from Asia’s hottest markets this year, as exuberance in the artificial-intelligence trade gives way to fears about an oil-driven inflation shock. Overseas investors sold about $3.1 billion of South Korean shares this week after offloading a record $13.7 billion last month. In Taiwan, they dumped another $3.6 billion, putting the market on track for the biggest weekly outflow since late December. Most Read from Bloomberg The pullback has been concentrated in high-flying chipmakers that had propelled both markets to record highs until last month. In Korea, memory chip heavyweights Samsung Electronics Co. and SK Hynix Inc. have each fallen almost 20% this week, with the former headed for its worst two-day rout in almost five decades. Shares of Taiwan Semiconductor Manufacturing Co. have fallen more than 5% this week. “Crowded longs in AI and everything else were sold aggressively in the race to bring down exposures across markets as Iran situation seems to have deteriorated,” said Matthew Haupt, portfolio manager at Wilson Asset Management in Sydney. The selloff has landed heavily on AI linked stocks, he added, as questions linger over whether the sector’s big capital spending plans can ultimately generate enough profits. The week’s retreat has given fresh impetus to naysayers who have long warned that the euphoric rally in all things AI was running ahead of reality. The concerns are now colliding with a seismic geopolitical shock that’s forcing investors to reassess risk, game plan the inflationary threat of higher oil prices and consider how those pressures could ripple across global markets. Korea’s benchmark Kospi Index, which had been the world’s best performing market this year, tumbled more than 12% at some point on Wednesday, putting it on track for the worst day on record. The market was closed on Monday. Taiwan’s Taiex Index has tumbled more than 6% so far this week. The caution is also spilling into currency markets, with the...
Asian stocks plunged the most in nearly a year, led by the biggest South Korean crash since the global financial crisis in 2008. Bloomberg's Avril Hong reports. (Source: Bloomberg)
Asian stocks plunged the most in nearly a year, led by the biggest South Korean crash since the global financial crisis in 2008. Bloomberg's Avril Hong reports. (Source: Bloomberg)
Japan power prices surged this week as the conflict in the Middle East raised concerns about prolonged disruptions to energy supply. The fiscal year 2026 baseload contract for Tokyo jumped to ¥16.38 (10 cents) per kilowatt hour on the European Energy Exchange on Tuesday, up 34% since Friday. Traded volumes for Japan power futures also surged to an all-time daily high of 4.9 terawatt-hour on Tuesda...
Japan power prices surged this week as the conflict in the Middle East raised concerns about prolonged disruptions to energy supply. The fiscal year 2026 baseload contract for Tokyo jumped to ¥16.38 (10 cents) per kilowatt hour on the European Energy Exchange on Tuesday, up 34% since Friday. Traded volumes for Japan power futures also surged to an all-time daily high of 4.9 terawatt-hour on Tuesday, said Bob Takai, chief executive officer of EEX Japan. The move illustrates how the war is rippling across energy import-dependent economies such as Japan, threatening higher utility bills for households and businesses. Qatar shut the world’s largest liquefied natural gas export facility on Monday after an Iranian drone attack, sending prices of the super-chilled fuel surging to the highest level since early-2023. Japan depends on LNG and coal for most of its power generation. Asian coal prices have also rallied to the highest level since late-2024. Nearer-term Japan power contracts have also been rising. The Tokyo price for April delivery gained 33% from a day earlier to ¥17.02 per kilowatt hour on Tuesday.
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