Kraken ranks as the second-largest U.S. cryptocurrency exchange by trading volume, handling $1.99 billion in the past 24 hours, behind Coinbase’s $3.35 billion, according to data from CoinGecko. The trading platform supports over 500 cryptocurrencies, including Bitcoin , Ethereum and Dogecoin . If approved, Kraken would become the third crypto exchange to list on Wall Street, alongside Coinbase Gl...
Kraken ranks as the second-largest U.S. cryptocurrency exchange by trading volume, handling $1.99 billion in the past 24 hours, behind Coinbase’s $3.35 billion, according to data from CoinGecko. The trading platform supports over 500 cryptocurrencies, including Bitcoin , Ethereum and Dogecoin . If approved, Kraken would become the third crypto exchange to list on Wall Street, alongside Coinbase Global Inc. and Bullish . The move comes ahead of Kraken's widely anticipated IPO . The exchange set its valuation at $20 billion in November after securing $800 million in funding. Trending: Instead of buying someone else's ETF, build an index around your own thesis with Public's AI tools. Get started and see if you qualify for the 1% match. However, the approval comes with riders. Kraken won't earn interest on reserves and won't have access to the Fed's emergency lending facilities. Scaramucci’s comments follow Kraken becoming the first cryptocurrency company in the U.S. to secure a Fed master account. The account will let Kraken settle dollar transactions directly on Fed rails rather than routing through intermediary banks. Kraken is quietly building – through shrewd acquisitions, organic build/growth and now Fed payments approval – a monster business. Already your favorite crypto trader's favorite crypto exchange, now evolving into something much bigger/broader. The 🐙 has been released. @krakenfx … https://t.co/EAicqOtHfI “Already your favorite crypto trader's favorite crypto exchange, now evolving into something much bigger/broader,” Scaramucci said. He also used the Octopus emoji, used to represent flexibility and adaptability, to explain Kraken’s rise. Scaramucci said on X that Kraken is building a “monster business” through “shrewd acquisitions,” organic growth and the latest Fed approval that gives it direct access to Fedwire, the core payment infrastructure used by thousands of U.S. banks and credit unions. Benzinga and Yahoo Finance LLC may earn commission or reven...
In the fiscal first quarter, PLM revenues were $432 million, up 22% year over year. License revenues (39.4% of total revenues) were $269.7 million, up 56% from the year-ago quarter figure. In addition, PTC continues to progress toward the divestiture of Kepware and ThingWorx, a move aimed at sharpening its focus on core product lifecycle software. As product development becomes more complex and AI...
In the fiscal first quarter, PLM revenues were $432 million, up 22% year over year. License revenues (39.4% of total revenues) were $269.7 million, up 56% from the year-ago quarter figure. In addition, PTC continues to progress toward the divestiture of Kepware and ThingWorx, a move aimed at sharpening its focus on core product lifecycle software. As product development becomes more complex and AI-driven, customers increasingly recognize the value of unified, high-quality product data across design, manufacturing, service and operations. PTC’s core offerings — spanning CAD, PLM, ALM and IoT — serve as trusted systems of record, enabling AI-driven insights across the full lifecycle. Customers and partners are actively aligning with the company’s vision, creating a strategic tailwind that extends well beyond a single fiscal year. Revenues came in at $686 million, up 21% year over year (up 19% at constant currency or cc). The top line beat the consensus estimate by 7.4%. Management projected revenues in the $600-$660 million band. A strong fiscal first quarter underpins the progress of its go-to-market transformation and the growing relevance of its Intelligent Product Lifecycle (IPL) strategy. Driven by large deal momentum, competitive displacements and disciplined capital allocation, PTC’s results reinforce management’s confidence in building a more durable, multi-year growth engine. PTC reported first-quarter fiscal 2026 non-GAAP earnings per share (EPS) of $1.92, up 75% year over year. The figure beat the Zacks Consensus Estimate of $1.59 as well as management’s guidance of $1.26-$1.82. Will the recent positive trend continue leading up to its next earnings release, or is PTC Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts. A month has gone by since the last earnings report for PTC Inc. (PTC). Shares have ...
A month has gone by since the last earnings report for Qualcomm (QCOM). Shares have added about 0.5% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Qualcomm due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better hand...
A month has gone by since the last earnings report for Qualcomm (QCOM). Shares have added about 0.5% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Qualcomm due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for QUALCOMM Incorporated before we dive into how investors and analysts have reacted as of late. Qualcomm Surpasses Q1 Earnings Estimates on Record Revenues Qualcomm reported strong first-quarter fiscal 2026 results, with record revenues driven by healthy demand trends in IoT and automotive businesses. Adjusted earnings exceeded the Zacks Consensus Estimate, led by the strength of its business model, diversification initiatives and its ability to respond proactively to the evolving market scenario. However, revenues missed the consensus estimate despite increasing year over year. Net Income On a GAAP basis, net income in the December quarter was $3 billion or $2.78 per share compared with $3.18 billion or $2.83 per share in the prior-year quarter. Despite healthy revenue growth, the bottom line declined primarily due to higher operating costs. Non-GAAP net income for the reported quarter came in at $3.78 billion or $3.50 per share compared with $3.83 billion or $3.41 per share in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate by 11 cents. Revenues Total revenues in the fiscal first quarter were $12.25 billion, up from $11.67 billion in the year-ago quarter. The top line, however, missed the consensus mark of $12.28 billion. Qualcomm registered record automotive and handset revenues owing to solid momentum in the Snapdragon Digital Chassis platform and launches of flagship smartphones. Strength within the industrial Internet of Things (IoT) businesses also buoyed the top line. Segment Results Quarterly revenues from Qualcomm...
A month has gone by since the last earnings report for Qualcomm (QCOM). Shares have added about 0.5% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Qualcomm due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better hand...
A month has gone by since the last earnings report for Qualcomm (QCOM). Shares have added about 0.5% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Qualcomm due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for QUALCOMM Incorporated before we dive into how investors and analysts have reacted as of late. Qualcomm Surpasses Q1 Earnings Estimates on Record Revenues Qualcomm reported strong first-quarter fiscal 2026 results, with record revenues driven by healthy demand trends in IoT and automotive businesses. Adjusted earnings exceeded the Zacks Consensus Estimate, led by the strength of its business model, diversification initiatives and its ability to respond proactively to the evolving market scenario. However, revenues missed the consensus estimate despite increasing year over year. Net Income On a GAAP basis, net income in the December quarter was $3 billion or $2.78 per share compared with $3.18 billion or $2.83 per share in the prior-year quarter. Despite healthy revenue growth, the bottom line declined primarily due to higher operating costs. Non-GAAP net income for the reported quarter came in at $3.78 billion or $3.50 per share compared with $3.83 billion or $3.41 per share in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate by 11 cents. Revenues Total revenues in the fiscal first quarter were $12.25 billion, up from $11.67 billion in the year-ago quarter. The top line, however, missed the consensus mark of $12.28 billion. Qualcomm registered record automotive and handset revenues owing to solid momentum in the Snapdragon Digital Chassis platform and launches of flagship smartphones. Strength within the industrial Internet of Things (IoT) businesses also buoyed the top line. Segment Results Quarterly revenues from Qualcomm...
A month has gone by since the last earnings report for Alphabet (GOOGL). Shares have lost about 9.2% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Alphabet due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better ha...
A month has gone by since the last earnings report for Alphabet (GOOGL). Shares have lost about 9.2% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Alphabet due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for Alphabet Inc. before we dive into how investors and analysts have reacted as of late. Alphabet Q4 Earnings & Revenues Beat Estimates, Up Y/Y Alphabet’s fourth-quarter 2025 earnings of $2.82 per share beat the Zacks Consensus Estimate by 9.73% and jumped 31.2% year over year. Revenues of $113.8 billion increased 18% year over year (17% at constant currency). Net revenues, excluding total traffic acquisition costs (“TAC”) (the portion of revenues shared with Google’s partners and the amount paid to distribution partners and others who direct traffic to Google’s website), were $97.23 billion, which surpassed the consensus mark by 2.58%. The figure rose 19.1% year over year. TAC of $16.59 billion grew 11.8% year over year. Google Services revenues increased 14% year over year to $95.86 billion and accounted for 84.2% of total revenues. The figure beat the Zacks Consensus Estimate by 1.31%. Google Cloud revenues surged 47.8% year over year to $17.66 billion and accounted for 15.5% of the quarter’s total revenues. The figure beat the Zacks Consensus Estimate by 8.70%. Google Cloud ended 2025 at an annual run rate of more than $70 billion, representing a wide breadth of customers, driven by demand for AI products. GOOGL’s Services Ride on Search & YouTube Search and other revenues increased 16.7% year over year to $63.07 billion, surpassing the Zacks Consensus Estimate by 2.94%. Search and other revenues accounted for 55.4% of total revenues and 76.7% of Google Advertising revenues. Retail and financial services were the largest revenue contributor...
Panama7/iStock Editorial via Getty Images Sanofi ( SNY ) has agreed to sell its generic drugmaker Medley to Brazilian pharmaceutical company EMS, the companies announced on Thursday. While the duo didn’t disclose the value of the transaction, Marcus Sanchez, vice president of EMS in Brazil, said it could be more than $500M. The deal is expected to close by the end of this year, subject to approva...
Panama7/iStock Editorial via Getty Images Sanofi ( SNY ) has agreed to sell its generic drugmaker Medley to Brazilian pharmaceutical company EMS, the companies announced on Thursday. While the duo didn’t disclose the value of the transaction, Marcus Sanchez, vice president of EMS in Brazil, said it could be more than $500M. The deal is expected to close by the end of this year, subject to approval by Brazil’s antitrust authority, Cade. Until the deal closes, Medley will remain under the management of Sanofi ( SNY ) to ensure business continuity, the companies said. In 2009, the French drugmaker reached an agreement worth $665M to acquire Medley, the third-largest pharmaceutical company in Brazil at the time, with more than 1,500 employees. Sanchez said that the deal is expected to increase EMS’s market share in generics to roughly 30%, a situation he thinks will not result in market concentration that can draw regulatory scrutiny. More on Sanofi Need Growing EPS And Dividends? Prescribe Sanofi Sanofi: CEO Leaves With Project Rejuvenation Unfinished, But Stock Undervalued Sanofi (SAN:CA) Q4 2025 Earnings Call Transcript Sanofi bets up to $1.53B to license blood cancer drug from Sino Biopharma unit Sanofi sued by Texas AG for running kickback scheme for doctors
A teenage couple killed themselves after they were arrested and their infant child taken into foster care, a jury has concluded. Katie Powell, 17, and Jack Williams, 18, were found dead at a nature reserve in Dorset, a four-week inquest in Bournemouth heard. After deliberating over three days, the jury concluded that Katie, from Warwickshire, and Williams, from Dorset, had taken their own lives. T...
A teenage couple killed themselves after they were arrested and their infant child taken into foster care, a jury has concluded. Katie Powell, 17, and Jack Williams, 18, were found dead at a nature reserve in Dorset, a four-week inquest in Bournemouth heard. After deliberating over three days, the jury concluded that Katie, from Warwickshire, and Williams, from Dorset, had taken their own lives. The jury highlighted that features of the relationship between Katie and Williams were consistent with her being a victim of controlling and coercive behaviour, though did not conclude this had directly led to her death. The coroner, Brendan Allen, has asked Dorset police for details of how its domestic abuse policies are disseminated to officers after it emerged that the force had been told of allegations of coercive behaviour. Allen has also asked for Warwickshire county council to give more details of what measures it took after a safeguarding review relating to Katie. The inquest was told that the bodies of the pair were found at Bothenhampton reservoir, near Bridport, on 25 January 2022. Both had been arrested on 19 January 2022 on suspicion of possessing an indecent image. The coroner told the jury that neither Katie nor the couple’s child were the subject of the alleged image. He also made it clear that they had not been charged with an offence. Katie was reported missing by her family on 22 January and Williams, a waiter, on 24 January. Their bodies were found at the nature reserve by a member of the public. Jurors concluded the pair had taken their own lives. They said that having her child taken into foster care, the alleged offence and the prospect of being separated from Williams had “contributed” to Katie’s decision to take her life. In its conclusions the jury said that the pair had met at school in Warwickshire when Katie was 14. She became distant and withdrawn from friends and family, and had the child when she was 17. Williams moved to Dorset and the pair s...
Smith & Wesson Brands ( SWBI ) declares $0.13/share quarterly dividend , in line with previous. Forward yield 3.83% Payable April 2; for shareholders of record March 19; ex-div March 19. See SWBI Dividend Scorecard, Yield Chart, & Dividend Growth. More on Smith & Wesson Brands Smith & Wesson Brands, Inc. (SWBI) Q3 2026 Earnings Call Transcript Smith & Wesson: The Relocation Is Over And The Cash Fl...
Smith & Wesson Brands ( SWBI ) declares $0.13/share quarterly dividend , in line with previous. Forward yield 3.83% Payable April 2; for shareholders of record March 19; ex-div March 19. See SWBI Dividend Scorecard, Yield Chart, & Dividend Growth. More on Smith & Wesson Brands Smith & Wesson Brands, Inc. (SWBI) Q3 2026 Earnings Call Transcript Smith & Wesson: The Relocation Is Over And The Cash Flow Is Back Smith & Wesson expects Q4 sales growth of 10%–12% as handgun momentum builds Smith & Wesson handgun sales drive FQ3 beat, company turns free cash flow positive Seeking Alpha’s Quant Rating on Smith & Wesson Brands
Image source: The Motley Fool. Friday, March 6, 2026 at 9 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Michael P. Connors Chief Financial Officer — Michael Sherrick TAKEAWAYS Revenue -- $61.2 million, representing a 6% increase, with Europe up 28% to $19.1 million, Americas up 1% to $38.3 million, and Asia Pacific down $1.1 million to $3.9 million, each compared with the prior ...
Image source: The Motley Fool. Friday, March 6, 2026 at 9 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Michael P. Connors Chief Financial Officer — Michael Sherrick TAKEAWAYS Revenue -- $61.2 million, representing a 6% increase, with Europe up 28% to $19.1 million, Americas up 1% to $38.3 million, and Asia Pacific down $1.1 million to $3.9 million, each compared with the prior year. -- $61.2 million, representing a 6% increase, with Europe up 28% to $19.1 million, Americas up 1% to $38.3 million, and Asia Pacific down $1.1 million to $3.9 million, each compared with the prior year. AI-Related Revenues -- Nearly 35% of total revenues in Q4, up from approximately 10% a year ago; for the year, nearly 30% of revenues were AI-related, 3x last year’s proportion. -- Nearly 35% of total revenues in Q4, up from approximately 10% a year ago; for the year, nearly 30% of revenues were AI-related, 3x last year’s proportion. Recurring Revenues -- $112 million for the year, making up 46% of total annual revenues and growing 13% year over year in Q4. -- $112 million for the year, making up 46% of total annual revenues and growing 13% year over year in Q4. Adjusted EBITDA -- $8.1 million for Q4, up 24%, translating to a 13.2% EBITDA margin, representing a 189-basis-point improvement. -- $8.1 million for Q4, up 24%, translating to a 13.2% EBITDA margin, representing a 189-basis-point improvement. Operating Cash Flow -- $29 million for the year, an increase of 46%; $5.1 million generated in Q4. -- $29 million for the year, an increase of 46%; $5.1 million generated in Q4. Net Income (GAAP) -- $2.6 million or $0.05 per diluted share for the quarter, compared to $3 million or $0.06 per diluted share the previous year; last year included a $2.3 million gain on the sale of the automation unit. -- $2.6 million or $0.05 per diluted share for the quarter, compared to $3 million or $0.06 per diluted share the previous year; last year included a $2.3 million gain on the sal...
The US Customs and Border Protection (CBP) headquarters in Washington, DC, US, on Wednesday, May 10, 2023. Bloomberg | Bloomberg | Getty Images U.S. Customs and Border Protection told a Court of International Trade judge on Friday that it is not able to comply with his order to begin refunding reciprocal tariffs imposed last year by President Donald Trump , which the Supreme Court recently ruled a...
The US Customs and Border Protection (CBP) headquarters in Washington, DC, US, on Wednesday, May 10, 2023. Bloomberg | Bloomberg | Getty Images U.S. Customs and Border Protection told a Court of International Trade judge on Friday that it is not able to comply with his order to begin refunding reciprocal tariffs imposed last year by President Donald Trump , which the Supreme Court recently ruled are illegal . CBP in the same court filing told Judge Richard Eaton that the total amount of so-called IEEPA tariffs collected as of Tuesday by the agency and estimated duty deposits related to such tariffs "is approximately $166 billion." The filing came as Eaton was set to hold a hearing on the refund issue at the Court of International Trade in New York City. Eaton has been designated as the only CIT judge who will hear cases from importers seeking refunds on Trump's tariffs. Read more CNBC politics coverage Iran foreign minister: Not seeking ceasefire, warns U.S. invasion would be ‘big disaster for them’ Epstein files: DOJ plans to release new batch of documents ‘fairly soon,’ MS NOW reports Sen. Merkley proposes prediction market ban for government officials after Maduro, Iran bets Eaton on Wednesday ordered CPB to calculate the cost of bringing in shipments into the United States without assessing a tariff, and told the agency to make refunds to importers who had paid the IEEPA tariffs, with interest. "Customs knows how to do this," Eaton said during a court hearing on Wednesday. "They do it every day. They liquidate entries and make refunds. This is breaking news. Please refresh for updates.
In trading on Friday, shares of Algonquin Power & Utilities Corp (Symbol: AQN) entered into oversold territory, changing hands as low as $5.945 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the ca...
In trading on Friday, shares of Algonquin Power & Utilities Corp (Symbol: AQN) entered into oversold territory, changing hands as low as $5.945 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Algonquin Power & Utilities Corp, the RSI reading has hit 27.5 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 58.7, the RSI of WTI Crude Oil is at 87.7, the RSI of Henry Hub Natural Gas is presently 48.5, and the 3-2-1 Crack Spread RSI is 42.6. A bullish investor could look at AQN's 27.5 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), AQN's low point in its 52 week range is $4.305 per share, with $7.105 as the 52 week high point — that compares with a last trade of $6.07. Algonquin Power & Utilities Corp shares are currently trading off about 11.8% on the day. Click here to find out which 9 other oversold energy stocks you need to know about » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Key Points Costco's comparable store sales remained strong in fiscal Q2, rising 7.4%. Membership trends and digitally-enabled sales growth remain key catalysts. The big question is whether there's too much optimism priced in. 10 stocks we like better than Costco Wholesale › As usual, there's really nothing to complain about in Costco Wholesale's (NASDAQ: COST) latest quarterly results. The busines...
Key Points Costco's comparable store sales remained strong in fiscal Q2, rising 7.4%. Membership trends and digitally-enabled sales growth remain key catalysts. The big question is whether there's too much optimism priced in. 10 stocks we like better than Costco Wholesale › As usual, there's really nothing to complain about in Costco Wholesale's (NASDAQ: COST) latest quarterly results. The business keeps doing what shareholders have come to expect: generating steady comparable-sales growth, growing membership income, gaining digital momentum, and expanding its store count. The report once again shows that it remains a best-in-class retailer -- and maybe even one of the best businesses in the world. But liking the business is not the same as liking the stock. While the former remains easy, the latter requires a leap of faith. The problem, of course, is price. Costco can keep executing well and still be a disappointing investment from this price if the lofty valuation gets rerated lower. And with shares near $1,000 again, investors should take this risk seriously. 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 » Looking at Costco stock's valuation As of this writing, Costco stock trades at about 51 times earnings. That is a very rich valuation for a retailer -- even one as impressive as Costco. In fact, it's a pricey valuation for any stock. To justify that kind of multiple, Costco likely needs to keep doing almost everything right: maintain healthy comparable-sales growth, keep membership income rising nicely, continue gaining traction digitally, and avoid any meaningful slowdown in store traffic or average customer transaction size. In other words, the bar is high. And that is exactly the problem. When a stock trades at this sort of premium, investors are not just paying for a great business. They ...
The Hong Kong women’s football team made it home safely on Friday night after several anxious days stranded in Dubai following the US-Israel attacks on Iran , with members expressing relief at their return but disappointment about having to withdraw from a tournament. Twenty-seven players and staff landed in Hong Kong via Bangkok, where they had transited earlier in the week. One player flew from ...
The Hong Kong women’s football team made it home safely on Friday night after several anxious days stranded in Dubai following the US-Israel attacks on Iran , with members expressing relief at their return but disappointment about having to withdraw from a tournament. Twenty-seven players and staff landed in Hong Kong via Bangkok, where they had transited earlier in the week. One player flew from the Thai capital to Boston in the United States, while another is scheduled to leave Dubai for Manchester in Britain at midnight on Saturday. Captain Ma Chak-shun said the team was relieved to be home. Advertisement “Everyone, including the players, coaches and staff, is really happy to be back,” she said. “In Dubai, things changed very quickly and information kept shifting, but we received a lot of support from different people and departments. We are very grateful to be home safely.” Advertisement Ma, who turned 30 on Monday while stuck in Dubai, said the experience was both unsettling and unforgettable.
Amusement park operator Six Flags Entertainment (FUN 7.94%) stock declined 5.5% through 10:55 a.m. ET Friday -- on apparently good news. In a note covered on StreetInsider yesterday afternoon, Stifel analyst Steven Wieczynski reiterated his "buy" rating and $25 price target on Six Flags stock. Six Flags' big news Six Flags announced yesterday it will sell seven of its amusement parks to EPR Proper...
Amusement park operator Six Flags Entertainment (FUN 7.94%) stock declined 5.5% through 10:55 a.m. ET Friday -- on apparently good news. In a note covered on StreetInsider yesterday afternoon, Stifel analyst Steven Wieczynski reiterated his "buy" rating and $25 price target on Six Flags stock. Six Flags' big news Six Flags announced yesterday it will sell seven of its amusement parks to EPR Properties (EPR 0.19%) for $331 million. The properties getting unloaded include: Valleyfair (Minneapolis) Worlds of Fun (Kansas City) Michigan's Adventure (Grand Rapids) Schlitterbahn Waterpark Galveston (Galveston) Six Flags St. Louis (St. Louis) Six Flags Great Escape (Queensbury) and Six Flags La Ronde (Montreal). Combined, they produced $260 million in revenue and $45 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for Six Flags in 2025. This money will no longer recur for Six Flags -- and that's OK, says Wieczynski. What Stifel says about Six Flags "Some might disagree with us," begins the Stifel note -- indeed, some clearly do disagree, given the share price decline! Nevertheless, Wieczynski argues this sale is good news for Six Flags stock. The parks in question were "underutilized" and "non-core," says the analyst. They accounted for "only ... 6% of total company EBITDA," but "needed significant capital," and so were actually a drain on profits. Selling them off, and reinvesting the cash in the company's 34 other, more promising parks, could create "significant upside to current trading levels." Expand NYSE : FUN Six Flags Entertainment Today's Change ( -7.94 %) $ -1.39 Current Price $ 16.12 Key Data Points Market Cap $1.8B Day's Range $ 16.06 - $ 17.25 52wk Range $ 12.51 - $ 39.21 Volume 15K Avg Vol 2.6M Gross Margin 20.13 % Is Six Flags stock a buy? Capex was a huge expense for Six Flags last year -- $480 million in total, pushing the company into negative free cash flow for the first time ever (excluding the Pandemic year 2...
Despite not having the highest dividend yields, these three firms may draw attention for their history of dividend growth and their strong overall performance.
Despite not having the highest dividend yields, these three firms may draw attention for their history of dividend growth and their strong overall performance.
Indonesia will ban social media for children under 16, its communication and digital affairs minister said on Friday. Meutya Hafid said in a statement to media said that she signed a government regulation that will mean children under the age of 16 can no longer have accounts on high-risk digital platforms, including YouTube, TikTok, Facebook, Instagram, Threads, X, Roblox and Bigo Live, a popular...
Indonesia will ban social media for children under 16, its communication and digital affairs minister said on Friday. Meutya Hafid said in a statement to media said that she signed a government regulation that will mean children under the age of 16 can no longer have accounts on high-risk digital platforms, including YouTube, TikTok, Facebook, Instagram, Threads, X, Roblox and Bigo Live, a popular livestreaming site. With a population of about 285 million, the fourth-highest in the world, the south-east Asian nation represents a significant market for social networks. The implementation will start gradually from 28 March, until all platforms fulfill their compliance obligations. “The basis is clear. Our children face increasingly real threats. From exposure to pornography, cyberbullying, online fraud, and most importantly addiction. The government is here so that parents no longer have to fight alone against the giant of algorithms,” Hafid said. She added that the government is taking this step as the best effort in the midst of a digital emergency to reclaim sovereignty over children’s futures. “We realize that the implementation of this regulation may cause some discomfort at first. Children may complain and parents may be confused about how to respond to their children’s complaints,” Hafid said. Some residents and parents in Jakarta welcomed the government’s restrictions on access to social media, especially because children can gain unmonitored access to social media through mobile phones. “I think that it has been very worrying for minors, especially children. Because they have too much freedom with photos, videos and everything. Some education is educational, but some is misleading. So we really need to sort through social media again,” said Marianah, 43, who, like many Indonesians, uses a single name. Others suggested that the government should also block other harmful websites, such as pornography and online gambling sites. “As parents, we hope that online g...
cagkansayin/iStock via Getty Images It has been quite a while since I've shared my top 10 holdings in my closed-end fund portfolio. It would be going back to over a year ago now , though I intended to update more regularly. Time has gotten away from me, and thanks to some readers who had said they were interested in an update piece on the topic, I was reminded to get to it. More broadly, we last d...
cagkansayin/iStock via Getty Images It has been quite a while since I've shared my top 10 holdings in my closed-end fund portfolio. It would be going back to over a year ago now , though I intended to update more regularly. Time has gotten away from me, and thanks to some readers who had said they were interested in an update piece on the topic, I was reminded to get to it. More broadly, we last discussed how discounts for CEFs were generally narrowing at the beginning of 2025. A year or so later, and discounts still remain relatively narrow historically, but the average discount had widened by the end of January 30, 2026 , from our prior update. It has arrived at an average of -5% relative to a -3.3% discount. All CEF Discount/Premium Frequency (RiverNorth) That highlights that, generally speaking, there doesn't appear to be a lot of fear in the market. CEFs can often be quite influenced by overall equity markets because discounts tend to narrow in low volatility periods and widen during times of pullbacks and panics. With the market failing to provide any real significant pullback since April 2025, when the retaliatory tariffs were announced, and continually to hit new all-time highs, I'd say the market has been rather content for most of the last year. That doesn't necessarily mean that there are no bargains in the CEF space, as there are quite a few outliers that we look to highlight regularly, and that includes several today among my top 10 holdings. Top 10 My total number of CEF holdings in this portfolio comes in at 33 (34 with cash). That is down from the 39 (prior to that, I had 42), which is quite significant and is a continued part of my overall plan of reducing the number of holdings. This was helped out a bit by the Tortoise Sustainable and Social Impact Term Fund (TEAF) being merged into the Tortoise Energy Infrastructure Corp ( TYG ). Of course, that would leave another handful of positions that I've exited and consolidated into other positions. To hi...