Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Rivian Automotive Inc (Symbol: RIVN), where a total of 143,134 contracts have traded so far, representing approximately 14.3 million underlying shares. That amounts to about 42.6% of RIVN's average daily trading volume over the past month of 33.6 million shares. Especially high volume was s...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Rivian Automotive Inc (Symbol: RIVN), where a total of 143,134 contracts have traded so far, representing approximately 14.3 million underlying shares. That amounts to about 42.6% of RIVN's average daily trading volume over the past month of 33.6 million shares. Especially high volume was seen for the $5 strike put option expiring December 15, 2028 , with 19,202 contracts trading so far today, representing approximately 1.9 million underlying shares of RIVN. Below is a chart showing RIVN's trailing twelve month trading history, with the $5 strike highlighted in orange: Range Resources Corp (Symbol: RRC) saw options trading volume of 14,052 contracts, representing approximately 1.4 million underlying shares or approximately 41.2% of RRC's average daily trading volume over the past month, of 3.4 million shares. Especially high volume was seen for the $40 strike call option expiring March 20, 2026, with 11,017 contracts trading so far today, representing approximately 1.1 million underlying shares of RRC. Below is a chart showing RRC's trailing twelve month trading history, with the $40 strike highlighted in orange: And Albemarle Corp. (Symbol: ALB) options are showing a volume of 10,663 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 40.7% of ALB's average daily trading volume over the past month, of 2.6 million shares. Especially high volume was seen for the $260 strike call option expiring June 18, 2026, with 3,097 contracts trading so far today, representing approximately 309,700 underlying shares of ALB. Below is a chart showing ALB's trailing twelve month trading history, with the $260 strike highlighted in orange: For the various different available expirations for RIVN options, RRC options, or ALB options, visit StockOptionsChannel.com. Today's Most Active Call & Put Opt...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in C3.ai Inc (Symbol: AI), where a total of 76,730 contracts have traded so far, representing approximately 7.7 million underlying shares. That amounts to about 90.4% of AI's average daily trading volume over the past month of 8.5 million shares. Particularly high volume was seen for the $9.50...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in C3.ai Inc (Symbol: AI), where a total of 76,730 contracts have traded so far, representing approximately 7.7 million underlying shares. That amounts to about 90.4% of AI's average daily trading volume over the past month of 8.5 million shares. Particularly high volume was seen for the $9.50 strike call option expiring March 06, 2026 , with 16,993 contracts trading so far today, representing approximately 1.7 million underlying shares of AI. Below is a chart showing AI's trailing twelve month trading history, with the $9.50 strike highlighted in orange: Novanta Inc (Symbol: NOVT) saw options trading volume of 3,652 contracts, representing approximately 365,200 underlying shares or approximately 85.1% of NOVT's average daily trading volume over the past month, of 429,375 shares. Particularly high volume was seen for the $105 strike put option expiring November 20, 2026, with 1,826 contracts trading so far today, representing approximately 182,600 underlying shares of NOVT. Below is a chart showing NOVT's trailing twelve month trading history, with the $105 strike highlighted in orange: And Circle Internet Group Inc Class A (Symbol: CRCL) saw options trading volume of 146,388 contracts, representing approximately 14.6 million underlying shares or approximately 79.7% of CRCL's average daily trading volume over the past month, of 18.4 million shares. Particularly high volume was seen for the $59 strike put option expiring March 13, 2026, with 8,663 contracts trading so far today, representing approximately 866,300 underlying shares of CRCL. Below is a chart showing CRCL's trailing twelve month trading history, with the $59 strike highlighted in orange: For the various different available expirations for AI options, NOVT options, or CRCL options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Also see: The views and opinions ...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Bloom Energy Corp (Symbol: BE), where a total of 57,512 contracts have traded so far, representing approximately 5.8 million underlying shares. That amounts to about 52% of BE's average daily trading volume over the past month of 11.1 million shares. Particularly high volume was seen for th...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Bloom Energy Corp (Symbol: BE), where a total of 57,512 contracts have traded so far, representing approximately 5.8 million underlying shares. That amounts to about 52% of BE's average daily trading volume over the past month of 11.1 million shares. Particularly high volume was seen for the $115 strike put option expiring March 13, 2026 , with 1,640 contracts trading so far today, representing approximately 164,000 underlying shares of BE. Below is a chart showing BE's trailing twelve month trading history, with the $115 strike highlighted in orange: Nuscale Power Corporation Class A (Symbol: SMR) options are showing a volume of 123,914 contracts thus far today. That number of contracts represents approximately 12.4 million underlying shares, working out to a sizeable 50.9% of SMR's average daily trading volume over the past month, of 24.4 million shares. Especially high volume was seen for the $11.50 strike put option expiring March 06, 2026, with 41,676 contracts trading so far today, representing approximately 4.2 million underlying shares of SMR. Below is a chart showing SMR's trailing twelve month trading history, with the $11.50 strike highlighted in orange: And Snowflake Inc (Symbol: SNOW) saw options trading volume of 39,765 contracts, representing approximately 4.0 million underlying shares or approximately 50.1% of SNOW's average daily trading volume over the past month, of 7.9 million shares. Especially high volume was seen for the $185 strike call option expiring March 06, 2026, with 4,061 contracts trading so far today, representing approximately 406,100 underlying shares of SNOW. Below is a chart showing SNOW's trailing twelve month trading history, with the $185 strike highlighted in orange: For the various different available expirations for BE options, SMR options, or SNOW options, visit StockOptionsChannel.com. Today's Most Active Call & Pu...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Reddit Inc (Symbol: RDDT), where a total of 38,926 contracts have traded so far, representing approximately 3.9 million underlying shares. That amounts to about 55.5% of RDDT's average daily trading volume over the past month of 7.0 million shares. Particularly high volume was seen for the ...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Reddit Inc (Symbol: RDDT), where a total of 38,926 contracts have traded so far, representing approximately 3.9 million underlying shares. That amounts to about 55.5% of RDDT's average daily trading volume over the past month of 7.0 million shares. Particularly high volume was seen for the $143 strike put option expiring March 06, 2026 , with 3,750 contracts trading so far today, representing approximately 375,000 underlying shares of RDDT. Below is a chart showing RDDT's trailing twelve month trading history, with the $143 strike highlighted in orange: American Express Co. (Symbol: AXP) saw options trading volume of 23,497 contracts, representing approximately 2.3 million underlying shares or approximately 53.6% of AXP's average daily trading volume over the past month, of 4.4 million shares. Especially high volume was seen for the $250 strike put option expiring March 20, 2026, with 3,521 contracts trading so far today, representing approximately 352,100 underlying shares of AXP. Below is a chart showing AXP's trailing twelve month trading history, with the $250 strike highlighted in orange: And Applovin Corp (Symbol: APP) options are showing a volume of 39,294 contracts thus far today. That number of contracts represents approximately 3.9 million underlying shares, working out to a sizeable 52.3% of APP's average daily trading volume over the past month, of 7.5 million shares. Particularly high volume was seen for the $520 strike call option expiring March 06, 2026, with 1,665 contracts trading so far today, representing approximately 166,500 underlying shares of APP. Below is a chart showing APP's trailing twelve month trading history, with the $520 strike highlighted in orange: For the various different available expirations for RDDT options, AXP options, or APP options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500...
March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, Bloomberg News reported on Friday, citing people familiar with the matter. The plan is part of the Stargate project, a joint venture between SoftBank Group , OpenAI and Oracle . The project was announc...
March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, Bloomberg News reported on Friday, citing people familiar with the matter. The plan is part of the Stargate project, a joint venture between SoftBank Group , OpenAI and Oracle . The project was announced in January by U.S. President Donald Trump, who said the companies would invest up to $500 billion to fund infrastructure for AI. Technology companies have been pouring billions of dollars into data centers to power generative AI services such as ChatGPT and Copilot that require huge amounts of computing power. Although construction of the site is ongoing and parts of it are operational, Oracle and OpenAI have decided against moving forward with tentative plans to lease a large expansion, the report said. The collapsed talks created an opening for Meta Platforms to step in and consider leasing the planned expansion site in Abilene, Texas, from developer Crusoe, according to the report. Nvidia helped facilitate the discussions. Oracle and OpenAI are using Nvidia's AI semiconductors at the Stargate site, and the chip designer stepped in to make sure its products, rather than those of competitor Advanced Micro Devices, would be used to power the expanded data center, Bloomberg News reported. OpenAI and Oracle announced plans to develop another 4.5 gigawatts of data center capacity in July and that deal remains on track, the report said. Meta declined to comment when contacted by Reuters. Oracle, OpenAI and Nvidia did not immediately respond to requests for comment. In September, OpenAI, Oracle and SoftBank had unveiled plans for five new U.S. AI data centers for Stargate. These include three sites with Oracle, two affiliated with SoftBank and an expansion of the Oracle site in Abilene. (Reporting by Juby Babu in Mexico City; Editing by Tasim Zahid and Sahal...
Southwest Airlines (LUV 6.26%) stock tumbled 6.5% through 2:35 p.m. ET Friday. Don't blame Southwest for the slide, though. Blame United Airlines (UAL 3.67%) instead. United CEO sounds the alarm Speaking at Harvard's John A. Paulson School of Engineering and Applied Sciences on Friday, United CEO Scott Kirby said oil prices, which skyrocketed this week due to conflict in the Middle East, will have...
Southwest Airlines (LUV 6.26%) stock tumbled 6.5% through 2:35 p.m. ET Friday. Don't blame Southwest for the slide, though. Blame United Airlines (UAL 3.67%) instead. United CEO sounds the alarm Speaking at Harvard's John A. Paulson School of Engineering and Applied Sciences on Friday, United CEO Scott Kirby said oil prices, which skyrocketed this week due to conflict in the Middle East, will have a "meaningful" impact on United's Q1 financial results. (United stock is now down 3.3%.) It makes sense that other airlines might suffer similarly. Oil prices are up 36% since bombs began falling on Iran last week, according to data from OilPrice.com, with Brent crude prices approaching $93 a barrel. Worse news for airlines, jet fuel prices are up 58% over the same period, hitting $3.95 per gallon Friday, according to CNBC. Fuel is generally considered the second-largest cost for running an airline. If this is a problem for United (and the CEO says it is), it will be a problem for Southwest as well. Expand NYSE : LUV Southwest Airlines Today's Change ( -6.26 %) $ -2.75 Current Price $ 41.15 Key Data Points Market Cap $22B Day's Range $ 40.47 - $ 43.00 52wk Range $ 23.82 - $ 55.11 Volume 451K Avg Vol 11M Gross Margin 18.66 % Dividend Yield 1.64 % What does this mean for Southwest stock? If there's good news to report, it's that as a mostly domestic airline, Southwest at least doesn't need to contend with customers canceling flights (or seeing them canceled involuntarily) to avoid a war zone. CNBC also noted that some 25,000 flights through the Mideast have already been canceled. United's CEO said demand hasn't been a problem for it yet, either. With revenue up 20% in Q1, Kirby said his airline "has not taken even a tiny step back" on the demand front. Only one week into the war, I wouldn't bet on this holding true forever. But at least it's one thing Southwest investors don't need to worry about.
Key Points United Airlines CEO Scott Kirby says oil prices are driving up jet fuel prices -- and his own company's costs. Southwest will face a similar dilemma. 10 stocks we like better than Southwest Airlines › Southwest Airlines (NYSE: LUV) stock tumbled 6.5% through 2:35 p.m. ET Friday. Don't blame Southwest for the slide, though. Blame United Airlines (NASDAQ: UAL) instead. Will AI create the ...
Key Points United Airlines CEO Scott Kirby says oil prices are driving up jet fuel prices -- and his own company's costs. Southwest will face a similar dilemma. 10 stocks we like better than Southwest Airlines › Southwest Airlines (NYSE: LUV) stock tumbled 6.5% through 2:35 p.m. ET Friday. Don't blame Southwest for the slide, though. Blame United Airlines (NASDAQ: UAL) instead. 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 » United CEO sounds the alarm Speaking at Harvard's John A. Paulson School of Engineering and Applied Sciences on Friday, United CEO Scott Kirby said oil prices, which skyrocketed this week due to conflict in the Middle East, will have a "meaningful" impact on United's Q1 financial results. (United stock is now down 3.3%.) It makes sense that other airlines might suffer similarly. Oil prices are up 36% since bombs began falling on Iran last week, according to data from OilPrice.com, with Brent crude prices approaching $93 a barrel. Worse news for airlines, jet fuel prices are up 58% over the same period, hitting $3.95 per gallon Friday, according to CNBC. Fuel is generally considered the second-largest cost for running an airline. If this is a problem for United (and the CEO says it is), it will be a problem for Southwest as well. What does this mean for Southwest stock? If there's good news to report, it's that as a mostly domestic airline, Southwest at least doesn't need to contend with customers canceling flights (or seeing them canceled involuntarily) to avoid a war zone. CNBC also noted that some 25,000 flights through the Mideast have already been canceled. United's CEO said demand hasn't been a problem for it yet, either. With revenue up 20% in Q1, Kirby said his airline "has not taken even a tiny step back" on the demand front. Only one week into the war, I wouldn't bet ...
In the first quarter of fiscal 2026, as CEO Tim Cook highlighted on the earnings call, Apple's (AAPL) installed base of active devices surpassed 2.5 billion. This is just another milestone in the company's journey, which has been characterized by innovation and brand-pull. With new product launches, sustained growth, and swelling cash flows, AAPL stock has been a value creator on a consistent basi...
In the first quarter of fiscal 2026, as CEO Tim Cook highlighted on the earnings call, Apple's (AAPL) installed base of active devices surpassed 2.5 billion. This is just another milestone in the company's journey, which has been characterized by innovation and brand-pull. With new product launches, sustained growth, and swelling cash flows, AAPL stock has been a value creator on a consistent basis. As the market gets competitive, the tech giant continues to find new ways to maintain growth. Earlier this week, Apple unveiled two new products, an updated low-end iPhone (17e) and a refreshed iPad Air. The iPhone 17e includes Apple's MagSafe charging technology, Apple's 3-nanometer A19 processor, and a 48MP Fusion camera. With a starting price of $599, the device's features seem compelling for mass market. Further, the iPad Air tablet is powered by an M4 processor and is available in 11-inch and 13-inch versions. The starting price for the 11-inch model is $599 while the 13-inch model has a base price of $799. Besides these new models, Apple also announced a low-cost MacBook Neo this week. The 13-inch MacBook Neo weighs less than three pounds and will be powered by the A18 Pro processor, with a starting price of $599. With the launch of three low-price products, Apple is targeting an even wider consumer base. As these products enter the market, sales volume is likely to accelerate, translating into healthy top-line growth. With AAPL stock remaining sideways for year-to-date (YTD), now seems like a good opportunity to accumulate. About Apple Stock Headquartered in Cupertino, California, Apple is a designer and manufacturer of smartphones, personal computers, tablets, wearables, and accessories. Apple has six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — that provide experiences across Apple devices. The tech giant commands a market capitalization of $3.82 trillion, backed by innovation-driven growth and a strong cash flow profile. For fiscal 202...
In this video, Motley Fool contributor Jason Hall breaks down how SoFi Technologies (NASDAQ: SOFI) is on a path to multi-bagger returns for investors over the next decade. *Stock prices used were from the Morning of March 5 2026. The video was published on March 6 2026. Continue reading
In this video, Motley Fool contributor Jason Hall breaks down how SoFi Technologies (NASDAQ: SOFI) is on a path to multi-bagger returns for investors over the next decade. *Stock prices used were from the Morning of March 5 2026. The video was published on March 6 2026. Continue reading
Oil surges to its highest price since 2023, and stocks drop after U.S. jobs report toggle caption Seth Wenig/AP NEW YORK — Oil prices touched their highest levels since 2023 after surging again Friday because of the Iran war, while a weak update on the U.S. job market highlighted the economy's precarious position. The two trends raised the risk of a worst-case scenario for financial markets, and s...
Oil surges to its highest price since 2023, and stocks drop after U.S. jobs report toggle caption Seth Wenig/AP NEW YORK — Oil prices touched their highest levels since 2023 after surging again Friday because of the Iran war, while a weak update on the U.S. job market highlighted the economy's precarious position. The two trends raised the risk of a worst-case scenario for financial markets, and stocks fell as they neared the finish of a punishing week. The S&P 500 dropped 1.1% after a report showed U.S. employers cut more jobs last month than they created and after oil prices spiked above $90 per barrel. It's a combination that investors hate because no one in the world has a good tool to fix both a weak economy and high inflation at the same time. The Dow Jones Industrial Average was down 558 points, or 1.2%, as of 1:45 p.m. Eastern time, and the Nasdaq composite was 0.9% lower. Wall Street's moves are still erratic, though, given all the uncertainties created by the war. The Dow dropped as many as 945 points in the morning before roughly halving its loss. Sponsor Message "You can't sugarcoat this report," according to Brian Jacobsen, chief economic strategist at Annex Wealth Management. "A negative payrolls number combined with a big jump in oil prices will have traders worrying about stagflation risks." Stagflation is what economists call a stagnating economy combined with high inflation, and a separate report released Friday added to the sour mix after showing that U.S. retailers made less money in January than economists expected. It raised the disconcerting possibility that spending by U.S. households, the main engine of the economy, may be stretched near its maximum. Usually when the economy is unsteady and the job market is weakening, the Federal Reserve cuts interest rates to give things a boost. Lower rates can make it more affordable for households to get mortgages and companies to raise money to expand, while also helping prices for stocks and other inv...
is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. The US Customs and Border Protection says it currently can’t comply with an order to process billions of dollars in refunds stemming from tariffs imposed by Preside...
is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. The US Customs and Border Protection says it currently can’t comply with an order to process billions of dollars in refunds stemming from tariffs imposed by President Donald Trump. In a filing on Friday, CBP executive director Brandon Lord says the agency’s digital import processing system is “not well suited to a task of this scale,” as reported earlier by CNBC. The CBP’s admission comes after the Supreme Court struck down the tariffs imposed by Trump under the International Emergency Economic Powers Act (IEEPA) last month. This week, the International Trade Court ruled that importers impacted by the tariffs are entitled to refunds with interest. The CBP estimates that it collected around $166 billion in IEEPA duties as of March 4th, 2026. Companies like Nintendo, FedEx, and Costco have filed lawsuits against the US government in the International Trade Court, demanding refunds for the tariffs that the Supreme Court has deemed “illegal.” The CBP says it currently processes imports through its Automated Commercial Environment (ACE) system. In the filing, Lord says that using the department’s existing technology, it would take more than 4.4 million hours to process refunds for the over 53.2 million entries with IEEPA duties. Despite these current limitations, the CBP says it’s “confident” it can develop and launch new capabilities to “streamline and consolidate refunds and interest payments on an importer basis” — but this could take 45 days. “The process will be simpler and more efficient than the existing functionalities, and CBP will provide guidance on how to file refund declarations in the new system,” Lord says.
President Donald Trump signed an executive order Friday aimed at fighting cybercrime, including fraud and extortion, directing officials to identify robust tools to combat transnational criminal organizations preying on American families, businesses and infrastructure. The directive calls for a “comprehensive review to determine what operational, technical, diplomatic, and regulatory tools could b...
President Donald Trump signed an executive order Friday aimed at fighting cybercrime, including fraud and extortion, directing officials to identify robust tools to combat transnational criminal organizations preying on American families, businesses and infrastructure. The directive calls for a “comprehensive review to determine what operational, technical, diplomatic, and regulatory tools could be improved to combat transnational criminal organizations” that carry out cybercrimes and “predatory schemes,” according to the White House . It also directs administration officials to present an action plan identifying the criminal organizations behind digital offenses and to offer solutions to prevent and halt their operations. Cybercrime has been on the rise as hackers shift tactics and readily adopt new technologies in a bid to stay a step ahead of authorities. Ransomware and cryptocurrencies have helped criminals attack networks and reap financial rewards without detection, spurring the creation of hacking collectives abroad that are often out of the reach of US law enforcement. Earlier: Why Are Cyberattacks on the Rise? What Can Be Done?: QuickTake Under the order signed Friday, Trump also directed the US attorney general to prioritize prosecutions of cyber fraud and scam schemes and submit recommendations on how to establish a program that could return seized or forfeited funds. The order also instructs the Homeland Security secretary and secretary of State to take part in efforts to reduce cyber threats. The White House expressed concerns about a broad range of cyber-enabled illicit activity, including phishing campaigns, sextortion schemes and financial fraud. Trump administration officials have for months indicated that they intend to take more aggressive action against criminal and state-sponsored hackers. Trump signed an order in June designed to strengthen cybersecurity.
“Marvell tech had $1 billion more in sales than anyone thought. It’s involved directly with the data center. It’s got optical, it’s got fantastic equipment.” That was Jim Cramer on Friday morning, pointing to Marvell Technology as the standout report from the prior night. The stock was up sharply in pre-market trading, and Cramer’s framing ... Jim Cramer’s Call on Marvell: ‘$1 Billion More in Sale...
“Marvell tech had $1 billion more in sales than anyone thought. It’s involved directly with the data center. It’s got optical, it’s got fantastic equipment.” That was Jim Cramer on Friday morning, pointing to Marvell Technology as the standout report from the prior night. The stock was up sharply in pre-market trading, and Cramer’s framing ... Jim Cramer’s Call on Marvell: ‘$1 Billion More in Sales Than Anyone Thought’
Shares of Norwegian Cruise Lines (NCLH 2.82%) fell this week, down 19.5% as of 1:25 p.m. EDT on Friday. Norwegian had experienced a strong February after activist investor Elliott Management disclosed a stake in the company and advocated for changes. However, Norwegian's fourth-quarter earnings report on Monday morning showed that there is a lot of work to do for the company to improve. Oh, and th...
Shares of Norwegian Cruise Lines (NCLH 2.82%) fell this week, down 19.5% as of 1:25 p.m. EDT on Friday. Norwegian had experienced a strong February after activist investor Elliott Management disclosed a stake in the company and advocated for changes. However, Norwegian's fourth-quarter earnings report on Monday morning showed that there is a lot of work to do for the company to improve. Oh, and the war in Iran, which started last weekend, didn't help matters either. Expand NYSE : NCLH Norwegian Cruise Line Today's Change ( -2.82 %) $ -0.59 Current Price $ 20.33 Key Data Points Market Cap $9.5B Day's Range $ 19.62 - $ 20.39 52wk Range $ 14.21 - $ 27.18 Volume 821K Avg Vol 21M Gross Margin 31.76 % Q4 earnings curbs investor enthusiasm In the fourth quarter, Norwegian reported revenue of $2.2 billion, up 6% year over year, missing expectations by $140 million; however, adjusted (non-GAAP) EPS grew 47.3% to $0.28, slightly beating expectations. Despite the earnings beat, forward guidance left much to be desired, as management guided for $2.38 in 2026 EPS at the midpoint. That would mark a 12.8% increase in earnings but also fell well short of the $2.58 Wall Street analysts had anticipated. And some of that increase may be due to lower interest costs as the company pays down debt. Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) was projected at $2.95 billion, an increase of only 8%. Meanwhile, management expects just flat net yields during the year. Management acknowledged that it is heading into 2026 slightly below the "optimal booking range following certain execution missteps in aligning our commercial strategy with our deployment." That means Norwegian may have deployed too much capacity in response to its demand in certain areas, with management citing the Caribbean as the one specific troubled market. All in all, the company's results seemed to validate Elliott Management's criticisms that the Norwegian's execution has been poor re...
Retired Army General Wesley Clark said the US-Israel offensive against Iran is off to a good start, but there's a lot more that needs to be done to isolate targets and the campaign is a "long way from being over." Clark said that the scope of the conflict makes it important to keep diplomatic lines of communication open, in the event that Iran wants to meet US objectives and "cry uncle." (Source: ...
Retired Army General Wesley Clark said the US-Israel offensive against Iran is off to a good start, but there's a lot more that needs to be done to isolate targets and the campaign is a "long way from being over." Clark said that the scope of the conflict makes it important to keep diplomatic lines of communication open, in the event that Iran wants to meet US objectives and "cry uncle." (Source: Bloomberg)
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks created an opening for Meta Platforms Inc. to step in and consider leasing the planned expansion site in Abilene, Texas, from developer Crusoe, according to people familiar with the matter. Nvidia Co...
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks created an opening for Meta Platforms Inc. to step in and consider leasing the planned expansion site in Abilene, Texas, from developer Crusoe, according to people familiar with the matter. Nvidia Corp. , the leading AI chipmaker, helped facilitate Meta’s discussions with the developer, said the people, who asked not to be identified because the talks are private. The shifting plans underscore the complexity of building out AI data centers, which are expected to cost in the tens of billions of dollars and require cooperation from a wide swath of partners. The campus being developed by Crusoe in Abilene is part of the highly publicized Stargate project, which was announced last year at the White House with President Donald Trump . While the 1,000-acre site continues to be built, and several parts are up and running, Oracle and OpenAI elected not to go forward with tentative plans to lease a large expansion, the people said. Oracle and OpenAI are using Nvidia’s AI semiconductors at the Stargate site. With Crusoe seeking a tenant, Nvidia became involved to ensure its products would still fill the expanded data center rather than that of rival Advanced Micro Devices Inc. , said the people. Nvidia paid a $150 million deposit to Crusoe and began helping court Meta as a tenant for the expansion, the people said. Oracle agreed last July to develop 4.5 gigawatts of data center capacity for OpenAI. That deal remains on track, and the companies have announced a number of projects in other locations, such as one near Detroit owned by Related Digital. Intense computing power needed to train and deploy AI models has led to a boom in data center projects of unprecedented scale. Oracle has transformed its business to focus on filling these demands for clients such as OpenAI and Elon M...