Declares Regular Quarterly Dividend GARDEN CITY, N.Y., March 12, 2026 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today reported its financial results for the quarter and full year ended December 31, 2025. Rob Kay, Lifetime’s Chief Executive Officer, commented, “Our fou...
Declares Regular Quarterly Dividend GARDEN CITY, N.Y., March 12, 2026 (GLOBE NEWSWIRE) -- Lifetime Brands, Inc. (NasdaqGS: LCUT), a leading global designer, developer and marketer of a broad range of branded consumer products used in the home, today reported its financial results for the quarter and full year ended December 31, 2025. Rob Kay, Lifetime’s Chief Executive Officer, commented, “Our fourth quarter results reflect the culmination of several strategic decisions made earlier in the year, decisions that were not without short-term cost, but right for the business. We moved first on pricing to offset tariff headwinds, partnered closely with our customers to navigate a period of real disruption, and we took decisive action to reduce our cost structure. The results validated that approach: with operating profit for the quarter exceeding 2024 despite a more challenging top-line environment, strong full year adjusted EBITDA of $50.8 million, and a leaner organization that is better positioned than a year ago. The Dolly brand continues to exhibit strong sales growth with a 150% increase for the year, a positive reflection of where our strategy is gaining traction. Recovering sustainable growth remains the priority in 2026, and we enter the year with momentum, a proven playbook, and the confidence in our ability to deliver long-term value for our shareholders.” Fourth Quarter Financial Results: Consolidated net sales for the three months ended December 31, 2025, were $204.1 million, representing a decrease of $11.1 million or 5.2%, as compared to $215.2 million for the corresponding period in 2024. In constant currency, a non-GAAP financial measure, which excludes the impact of foreign exchange fluctuations and was determined by applying 2025 average rates to 2024 local currency amounts, consolidated net sales decreased $12.0 million or 5.6% in the fourth quarter of 2025, as compared to consolidated net sales in the corresponding period in 2024. A table reconciling ...
Record Full Year Consolidated Net Income from Continuing Ops of $21.0 Million or $0.19 Per Share, Adjusted EBITDA from Continuing Ops of $49.9 Million, and Operating Cash Flow of $58.1 Million Consolidated Q4 Net Sales Increased 9% YoY to $49.6 Million; Canadian Cannabis Sales Increased 10% YoY; International Export Cannabis Sales Increased 384% YoY Consolidated Q4 Net Income from Continuing Ops o...
Record Full Year Consolidated Net Income from Continuing Ops of $21.0 Million or $0.19 Per Share, Adjusted EBITDA from Continuing Ops of $49.9 Million, and Operating Cash Flow of $58.1 Million Consolidated Q4 Net Sales Increased 9% YoY to $49.6 Million; Canadian Cannabis Sales Increased 10% YoY; International Export Cannabis Sales Increased 384% YoY Consolidated Q4 Net Income from Continuing Ops of $2.3 Million or $0.02 Per Share, Adj. EBITDA from Continuing Ops of $8.6 Million, and Operating Cash Flow of $11.4 Million Canadian Cannabis Delivers Q4 Gross Margin of 43%; Adj. EBITDA of $9.8 Million or 25.8% of Sales All Expansion Projects Remain on Time and Under Budget; Delta 2 Expansion Commenced Cultivation March 2 and Expected to Harvest 15 Tonnes of Incremental Capacity in 2026 Netherlands Expansion on Track to Plant First Rooms in March with Full Facility Completion During Q2 Company Ends 2025 with $86 Million in Cash; Has Completed $6.7 Million of Share Repurchases since Q3 VANCOUVER, British Columbia, March 12, 2026 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today reported financial results for its fourth quarter and year ended December 31, 2025. All figures are in U.S. dollars unless otherwise indicated. Management Commentary “Our fourth quarter results again delivered strong profitability, gross margin and cash flow from operations which contributed to record levels of performance for each of these metrics in 2025,” said President and Chief Executive Officer Michael DeGiglio. “Thanks to the tireless commitment and execution of our global team, this past year was a transformational one for Village Farms. We are continuing to benefit from multiple catalysts unlocking value for our stakeholders and believe we remain in an excellent position to continue profitably scaling our platform in 2026.” “We grew global cannabis sales by 17% year-over-year despite just a partial year of contributions from our exp...
wellesenterprises/iStock Editorial via Getty Images Article Thesis Oracle Corporation ( ORCL ) reported its most recent earnings results on Tuesday evening, easily beating estimates on both lines. Shares reacted positively, as investors realized that the recent sell-off was overdone. While free cash flows looked weak, profits looked appealing -- overall, I'm neither particularly bullish nor bearis...
wellesenterprises/iStock Editorial via Getty Images Article Thesis Oracle Corporation ( ORCL ) reported its most recent earnings results on Tuesday evening, easily beating estimates on both lines. Shares reacted positively, as investors realized that the recent sell-off was overdone. While free cash flows looked weak, profits looked appealing -- overall, I'm neither particularly bullish nor bearish on Oracle right now. Past Coverage I have written about Oracle Corporation here on Seeking Alpha in the past, but not recently -- my most recent article on ORCL is from 2024. In this report from around two years ago, I gave the company a neutral rating, which has worked reasonably well so far, with Oracle outperforming the market slightly since then. With Oracle reporting its fiscal Q3 results on Tuesday, I want to update my views on the company now. What Happened? On Tuesday, Oracle reported its fiscal Q3 results. The headline numbers from the earnings report looked like this: Oracle Q3 report headline numbers (Seeking Alpha) We see that the company beat the Wall Street analyst consensus estimate on the top line and on the bottom line, which is naturally a positive result. The revenue beat was not overly large, at around 1.5%, but Oracle's earnings per share were around 6% higher than expected, which was a very positive surprise. The market liked these results and Oracle's guidance for the current quarter, sending ORCL's shares higher -- they jumped by close to 10% on Wednesday. Oracle's Q4: Strong Cloud Growth, Good Profitability, Weak Cash Flows Delving into Oracle's Q3 results, let's start with the company's revenues. Oracle's top line was up by 22% compared to one year earlier, which is a well-above-average growth rate compared to what Oracle has delivered over the last decade and which also compares favorably to the business growth rates of many other major tech companies. NVIDIA Corporation ( NVDA ), of course, grows a lot faster, but most of the Magnificent 7 comp...
The Iranian women’s national football team arrived in Malaysia on Wednesday after leaving Australia , where several members of the delegation had sought asylum, as a viral social media video fuelled unverified claims that some players might want to remain in the Southeast Asian country. The Asian Football Confederation (AFC), the Kuala Lumpur-based governing body for Asian football, confirmed the ...
The Iranian women’s national football team arrived in Malaysia on Wednesday after leaving Australia , where several members of the delegation had sought asylum, as a viral social media video fuelled unverified claims that some players might want to remain in the Southeast Asian country. The Asian Football Confederation (AFC), the Kuala Lumpur-based governing body for Asian football, confirmed the team was currently staying at a hotel in the Malaysian capital while onward travel arrangements were being finalised. “The AFC will provide all necessary support to the team during their stay until their onward travel arrangements are confirmed,” a confederation spokesman said. Advertisement “The AFC once again emphasises that it will continue to prioritise the welfare and safety of the players and officials and calls on the media to respect the privacy of the team members.” Members of Iran’s women’s football team arrive at the Kuala Lumpur International Airport on Wednesday, after taking part in the AFC Women’s Asian Cup in Australia. Photo: AFP The arrival in Malaysia followed a turbulent period in Australia, where several members of the 13-player Iranian delegation sought humanitarian protection after saying they feared persecution if they returned home.
GPIQ launched in October 2023 as Goldman Sachs’s answer to one of the most popular income ETFs ever built. With $3.1 billion in assets and a yield that clears 10%, it has earned a serious look from income investors who have long defaulted to QYLD. The two funds share the same underlying index and the ... Goldman Sachs Engineered a QYLD Competitor Yielding Over 10%
GPIQ launched in October 2023 as Goldman Sachs’s answer to one of the most popular income ETFs ever built. With $3.1 billion in assets and a yield that clears 10%, it has earned a serious look from income investors who have long defaulted to QYLD. The two funds share the same underlying index and the ... Goldman Sachs Engineered a QYLD Competitor Yielding Over 10%
Microsoft have shared some more details about the hardware Xbox's next-gen console - the PC game-running Project Helix - will be packing. The new box is set to run on AMD-built tech with support for FSR upscaling, and should start to rock up on developers' desks as of 2027. That last bit means it'll likely release in 2028 at the very earliest. As catalogued by the Ian Games Network, a GDC chat abo...
Microsoft have shared some more details about the hardware Xbox's next-gen console - the PC game-running Project Helix - will be packing. The new box is set to run on AMD-built tech with support for FSR upscaling, and should start to rock up on developers' desks as of 2027. That last bit means it'll likely release in 2028 at the very earliest. As catalogued by the Ian Games Network, a GDC chat about Project Helix by Xbox's swankily-titled vice president of next generation Jason Ronald has expanded on the initial sales pitch of 'new box, plays PC too'. Built in collaboration between Xbox and sworn partner AMD, Project Helix'll support the latter's next-gen upscaling, frame generation, and ray tracing doodads. Ronald specifically insisted that the box takes "an order of magnitude leap in ray tracing performance and capability" compared to Xbox's current hardware. To see this content please enable targeting cookies. Manage cookie settings So far, so very much like the sales pitch for a PC, then. Though, console makers have been pitching their tents next to these sorts of higher-end performance mechanics which hit PC first for a little while now. I'm thinking the likes of PlayStation's PSSR, which is a fine name for upscaling tech unless you cheekily insert an I between the P and S. Getting back to Ronald's chat, the exec revealed that Microsoft are currently aiming to have "alpha versions" of Project Helix will start being shipped to devs in 2027, assuming things run to plan. That'd put the console/PC hybrid's release in 2028 or later. Though it's worth noting that there's currently no shortage of potential spanners which could be thrown into that works, chiefly the ongoing crisis surrounding the supply of RAM and SSDs. In the much shorter-term, Microsoft plan to advance their smushing together of Xbox and PC by rolling out an "Xbox Mode" interface previously introduced on the ROG Xbox Ally handheld to Windows 11 as of April. Finally, Ronald teased that Xbox'll be "rol...
Ethan Miller/Getty Images News I was watching a video from CES 2026 that took place earlier this year, and it gave me some insights to go deeper into Richtech Robotics ( RR ). Actually, it's even a bit of a mixed bag, because at CES there were so many demonstrations of robots for so many varied uses, that Richtech Robotics ends up not having such a great highlight. And it is precisely in this cont...
Ethan Miller/Getty Images News I was watching a video from CES 2026 that took place earlier this year, and it gave me some insights to go deeper into Richtech Robotics ( RR ). Actually, it's even a bit of a mixed bag, because at CES there were so many demonstrations of robots for so many varied uses, that Richtech Robotics ends up not having such a great highlight. And it is precisely in this context that my perception about the case comes in. From a distance, it seemed like a very weak case, since it's a highly competitive and difficult market to operate in, massive investment is necessary, and there is still not even a “guarantee” that even with a high market share in some niches, the RR will achieve some decent margin and strong unit economics. The other problem, is that at the same time that I don't think it's a company that is “worthless,” as I was thinking at the beginning of the analysis (due to competition and due to financials), I think that even in slightly more optimistic calculations of revenue and market share in certain niches, it will be very difficult to justify the current market cap. I begin coverage of RR stock with a sell. A Little About Richtech and Its Opportunities On the surface, Richtech Robotics seems like that company that has everything to have a very interesting business model. Right at the beginning of the presentation, they already talk about the trend of labor shortage (citing data such as 38% of small companies reporting unfilled jobs), and how robots can solve this and still increase ROI, and as I mentioned, this ends up making a lot of sense. Robots work 24 hours a day; in theory, they don't make any errors (whoever developed it made the error, actually, and not the robot), and since Richtech has robots that appear to be very efficient, there is no reason for demand to be low, right? Well, more or less, the company is still very embryonic. The model is mainly robot-as-a-service, and here we see robots of various types, from some si...
MIAMI--(BUSINESS WIRE)--Palantir Technologies (NASDAQ:PLTR) today announced its sovereign AI OS reference architecture with NVIDIA, which delivers customers a turnkey AI datacenter from hardware procurement to application deployment. The Palantir AI OS Reference Architecture (AIOS-RA) delivers a complete, production-ready AI infrastructure. It is based on NVIDIA Enterprise Reference Architectures,...
MIAMI--(BUSINESS WIRE)--Palantir Technologies (NASDAQ:PLTR) today announced its sovereign AI OS reference architecture with NVIDIA, which delivers customers a turnkey AI datacenter from hardware procurement to application deployment. The Palantir AI OS Reference Architecture (AIOS-RA) delivers a complete, production-ready AI infrastructure. It is based on NVIDIA Enterprise Reference Architectures, tested and qualified to run Palantir's complete software suite — including AIP, Foundry, Apollo, Rubix, and AIP Hub. This architecture combines: The Palantir AI OS reference architecture is particularly critical for customers with existing GPU infrastructure, latency-sensitive workflows, data sovereignty requirements, and high geographic distribution. The Sovereign AI architecture allows enterprises total control over their data, AI models and applications. Purpose-built to leverage the latest GPU-accelerated open-source AI models and data acceleration libraries, this solution operates on NVIDIA infrastructure to deliver top-tier performance. “From our first deployment with the United States government and in every deployment since, our software has had to meet the moment in the most complex and sensitive environments where customers must maintain control,” says Akshay Krishnaswamy, Palantir’s Chief Architect. “Together with NVIDIA — and building on many customers’ existing investments — we are proud to deliver a fully integrated AI operating system that is optimized for NVIDIA accelerated compute infrastructure and enables customers to realize the promise of on-premise, edge, and sovereign cloud deployments.” “AI is redefining the infrastructure stack — demanding, latency-sensitive and data-sovereign environments require a full-stack architecture — built from silicon to systems to software,” said Justin Boitano, vice president, Enterprise AI Platforms, NVIDIA. “By combining Palantir’s sovereign AI OS reference architecture with NVIDIA AI infrastructure, industries and nat...
MIAMI & WEST PALM BEACH, Fla. & TUCSON, Ariz.--(BUSINESS WIRE)--Palantir Technologies Inc. (NASDAQ:PLTR) (“Palantir”), a global leader in operational artificial intelligence platforms, today announced a strategic partnership with Ondas Inc. (NASDAQ:ONDS) (“Ondas”), a leading provider of autonomous aerial and ground robot intelligence through its Ondas Autonomous Systems (OAS) business unit and pri...
MIAMI & WEST PALM BEACH, Fla. & TUCSON, Ariz.--(BUSINESS WIRE)--Palantir Technologies Inc. (NASDAQ:PLTR) (“Palantir”), a global leader in operational artificial intelligence platforms, today announced a strategic partnership with Ondas Inc. (NASDAQ:ONDS) (“Ondas”), a leading provider of autonomous aerial and ground robot intelligence through its Ondas Autonomous Systems (OAS) business unit and private wireless solutions through Ondas Networks, and World View Enterprises, Inc. (“World View”), a leader in high-altitude balloon intelligence, surveillance and reconnaissance (ISR) and stratospheric remote sensing, to develop and deploy a new generation of AI-enabled operational capabilities designed to scale persistent stratospheric, aerial, and land-based ISR missions. The partnership builds on Ondas’ recently announced strategic investment and partnership agreement with World View, positioning the strategically aligned companies to accelerate development of next-generation multi-domain ISR capabilities that leverage AI-driven insights to make faster in-mission decisions over traditional ISR toolsets. World View’s Stratollite® platform represents a fundamentally new class of sensing capability, operating in the stratosphere, the critical layer between satellites and aircraft to deliver persistent, long-dwell intelligence, surveillance and reconnaissance missions at significantly lower cost and complexity than traditional assets. When combined with Ondas’ unmanned aerial, ground, and counter-drone systems, the companies are building a multi-domain intelligence architecture designed to deliver persistent awareness and rapid response across complex mission environments for its defense, homeland security and allied security customers. As demand for multi-domain sensing and persistent ISR grows, scaling this unified intelligence capability requires an operational software foundation capable of coordinating increasingly complex missions. Through this partnership, Ondas and Wo...
MIAMI & AURORA, Colo.--(BUSINESS WIRE)--GE Aerospace (NYSE:GE) and Palantir Technologies Inc. (NASDAQ: PLTR) today announced a multi-year partnership expansion to accelerate the transformation of military aviation readiness for the U.S. Air Force and operations across GE Aerospace’s production system. Together, the companies are deploying advanced agentic AI-powered solutions to ensure GE can maxi...
MIAMI & AURORA, Colo.--(BUSINESS WIRE)--GE Aerospace (NYSE:GE) and Palantir Technologies Inc. (NASDAQ: PLTR) today announced a multi-year partnership expansion to accelerate the transformation of military aviation readiness for the U.S. Air Force and operations across GE Aerospace’s production system. Together, the companies are deploying advanced agentic AI-powered solutions to ensure GE can maximize production and aircraft remain mission ready. A GE Aerospace engine takes off somewhere across the world every 2 seconds. As the demands on the warfighter and aviation have grown, so has the need for innovation—not only in hardware, but in the digital systems that enable supply chains to keep fleets mission-ready. To better address the evolving needs of our warfighters, GE Aerospace and Palantir have partnered to bolster warfighter readiness. Together, they are helping predict and prevent potential failures before they occur, unlocking supply chains that were gridlocked using AI, and building a closed loop from field signal to supplier action across every fleet. The partnership began with a focused mission: keeping the Air Force’s T-38 trainer jets flying by improving readiness for the complex J85 engine, which is the workhorse responsible for training America’s next generation of U.S. Air Force pilots. In early 2024, GE Aerospace and Palantir piloted a sustainment workflow that gave GE Aerospace and the Air Force visibility into parts demand and shortages, driving improvements in readiness and efficiency. Building on this success, the partnership has rapidly expanded to GE Aerospace’s broader production system, supporting sustainment, MRO, and new engine production. “Meeting today’s readiness demands requires both proven propulsion and smarter use of data. By integrating data across the enterprise and applying AI to predict demand and identify constraints earlier, our collaboration with Palantir is helping our customers keep more aircraft available so airmen get the t...
MIAMI, March 12, 2026--(BUSINESS WIRE)--Palantir Technologies (NASDAQ:PLTR) today announced its sovereign AI OS reference architecture with NVIDIA, which delivers customers a turnkey AI datacenter from hardware procurement to application deployment. The Palantir AI OS Reference Architecture (AIOS-RA) delivers a complete, production-ready AI infrastructure. It is based on NVIDIA Enterprise Referenc...
MIAMI, March 12, 2026--(BUSINESS WIRE)--Palantir Technologies (NASDAQ:PLTR) today announced its sovereign AI OS reference architecture with NVIDIA, which delivers customers a turnkey AI datacenter from hardware procurement to application deployment. The Palantir AI OS Reference Architecture (AIOS-RA) delivers a complete, production-ready AI infrastructure. It is based on NVIDIA Enterprise Reference Architectures, tested and qualified to run Palantir's complete software suite — including AIP, Foundry, Apollo, Rubix, and AIP Hub. This architecture combines: The Palantir AI OS reference architecture is particularly critical for customers with existing GPU infrastructure, latency-sensitive workflows, data sovereignty requirements, and high geographic distribution. The Sovereign AI architecture allows enterprises total control over their data, AI models and applications. Purpose-built to leverage the latest GPU-accelerated open-source AI models and data acceleration libraries, this solution operates on NVIDIA infrastructure to deliver top-tier performance. "From our first deployment with the United States government and in every deployment since, our software has had to meet the moment in the most complex and sensitive environments where customers must maintain control," says Akshay Krishnaswamy, Palantir’s Chief Architect. "Together with NVIDIA — and building on many customers’ existing investments — we are proud to deliver a fully integrated AI operating system that is optimized for NVIDIA accelerated compute infrastructure and enables customers to realize the promise of on-premise, edge, and sovereign cloud deployments." "AI is redefining the infrastructure stack — demanding, latency-sensitive and data-sovereign environments require a full-stack architecture — built from silicon to systems to software," said Justin Boitano, vice president, Enterprise AI Platforms, NVIDIA. "By combining Palantir’s sovereign AI OS reference architecture with NVIDIA AI infrastructure, in...
MIAMI & AURORA, Colo., March 12, 2026--(BUSINESS WIRE)--GE Aerospace (NYSE:GE) and Palantir Technologies Inc. (NASDAQ: PLTR) today announced a multi-year partnership expansion to accelerate the transformation of military aviation readiness for the U.S. Air Force and operations across GE Aerospace’s production system. Together, the companies are deploying advanced agentic AI-powered solutions to en...
MIAMI & AURORA, Colo., March 12, 2026--(BUSINESS WIRE)--GE Aerospace (NYSE:GE) and Palantir Technologies Inc. (NASDAQ: PLTR) today announced a multi-year partnership expansion to accelerate the transformation of military aviation readiness for the U.S. Air Force and operations across GE Aerospace’s production system. Together, the companies are deploying advanced agentic AI-powered solutions to ensure GE can maximize production and aircraft remain mission ready. A GE Aerospace engine takes off somewhere across the world every 2 seconds. As the demands on the warfighter and aviation have grown, so has the need for innovation—not only in hardware, but in the digital systems that enable supply chains to keep fleets mission-ready. To better address the evolving needs of our warfighters, GE Aerospace and Palantir have partnered to bolster warfighter readiness. Together, they are helping predict and prevent potential failures before they occur, unlocking supply chains that were gridlocked using AI, and building a closed loop from field signal to supplier action across every fleet. The partnership began with a focused mission: keeping the Air Force’s T-38 trainer jets flying by improving readiness for the complex J85 engine, which is the workhorse responsible for training America’s next generation of U.S. Air Force pilots. In early 2024, GE Aerospace and Palantir piloted a sustainment workflow that gave GE Aerospace and the Air Force visibility into parts demand and shortages, driving improvements in readiness and efficiency. Building on this success, the partnership has rapidly expanded to GE Aerospace’s broader production system, supporting sustainment, MRO, and new engine production. "Meeting today’s readiness demands requires both proven propulsion and smarter use of data. By integrating data across the enterprise and applying AI to predict demand and identify constraints earlier, our collaboration with Palantir is helping our customers keep more aircraft available so ...
These Palantir-powered programs will enable Ondas’ and World View’s multi-domain autonomous fleets to communicate with each other across domains and with their operators on the ground to create a unified intelligence infrastructure. This integrated workflow marks a paradigm shift from the traditional ISR model that is focused on data collection. Instead, through this partnership, the companies are...
These Palantir-powered programs will enable Ondas’ and World View’s multi-domain autonomous fleets to communicate with each other across domains and with their operators on the ground to create a unified intelligence infrastructure. This integrated workflow marks a paradigm shift from the traditional ISR model that is focused on data collection. Instead, through this partnership, the companies are building an interconnected intelligence ecosystem that delivers decisions – not just data – to operators. As demand for multi-domain sensing and persistent ISR grows, scaling this unified intelligence capability requires an operational software foundation capable of coordinating increasingly complex missions. Through this partnership, Ondas and World View will apply Palantir’s Artificial Intelligence Platform (AIP) to the production, mission planning, and edge operations that underpin these systems, helping enable a new generation of scalable, software-defined stratospheric intelligence capabilities. World View’s Stratollite ® platform represents a fundamentally new class of sensing capability, operating in the stratosphere, the critical layer between satellites and aircraft to deliver persistent, long-dwell intelligence, surveillance and reconnaissance missions at significantly lower cost and complexity than traditional assets. When combined with Ondas’ unmanned aerial, ground, and counter-drone systems, the companies are building a multi-domain intelligence architecture designed to deliver persistent awareness and rapid response across complex mission environments for its defense, homeland security and allied security customers. MIAMI & WEST PALM BEACH, Fla. & TUCSON, Ariz., March 12, 2026 --( BUSINESS WIRE )-- Palantir Technologies Inc. (NASDAQ:PLTR) ("Palantir"), a global leader in operational artificial intelligence platforms, today announced a strategic partnership with Ondas Inc. (NASDAQ:ONDS) ("Ondas"), a leading provider of autonomous aerial and ground robot intel...
Sundry Photography/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Stock index futures slide as oil continues to climb amid geopolitical tensions. (00:13) Atlassian ( TEAM ) to cut 10% of workforce to invest in AI and enterprise sales. (00:42) Rivian ( RIVN ) gains new bull at TD Cowen on upbeat R2 outlook . (02:04) This is an abridged transcript. Stock i...
Sundry Photography/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Stock index futures slide as oil continues to climb amid geopolitical tensions. (00:13) Atlassian ( TEAM ) to cut 10% of workforce to invest in AI and enterprise sales. (00:42) Rivian ( RIVN ) gains new bull at TD Cowen on upbeat R2 outlook . (02:04) This is an abridged transcript. Stock index futures are in the red as oil prices continue to rise. Dow Jones Industrial Average futures ( INDU ) fell 0.44%, and S&P 500 futures ( SPX ) slipped 0.35%, while Nasdaq 100 futures ( US100:IND ) declined 0.31%. Brent crude futures ( CO1:COM ) is up 6% to $98. West Texas Intermediate ( CL1:COM ) gained +6% to $92. We’ll look at one of the biggest movers in premarket action in just a few minutes. In a regulatory filing, Australian software giant Atlassian ( TEAM ) announced Thursday it will reduce its global headcount by approximately 10%, or 1,600 roles . The company will reallocate capital toward artificial intelligence and enterprise sales. Atlassian ( TEAM ) is up 2.3% in premarket action. CEO Mike Cannon-Brookes said in a blog post that for Atlassian, AI is not replacing employees. “But it would be disingenuous to pretend AI doesn’t change the mix of skills we need or the number of roles required in certain areas. It does,” he wrote. “This is primarily about adaptation. We are reshaping our skill mix and changing how we work to build for the future.” As per the filing, Atlassian expects to incur costs between $225 million and $236 million due to these changes. This includes around $169 million to $174 million for severance and employee benefits and approximately $56 million to $62 million for costs related to reducing office space. The company plans to exclude these costs from its non-GAAP financial measures. Most of these expenses are anticipated to occur in the third quarter of fiscal year 2026, with significant completion expected by the end of the fourth quarter...
Key Points At a current price of $67,000, Bitcoin would need to nearly double in value to hit the $125,000 price level. Prediction market traders currently give Bitcoin a 20% chance of hitting $120,000 this year. If Bitcoin begins to be viewed as a safe haven asset, it could lead to new inflows into the spot Bitcoin ETFs. 10 stocks we like better than Bitcoin › Admittedly, the outlook for Bitcoin ...
Key Points At a current price of $67,000, Bitcoin would need to nearly double in value to hit the $125,000 price level. Prediction market traders currently give Bitcoin a 20% chance of hitting $120,000 this year. If Bitcoin begins to be viewed as a safe haven asset, it could lead to new inflows into the spot Bitcoin ETFs. 10 stocks we like better than Bitcoin › Admittedly, the outlook for Bitcoin (CRYPTO: BTC) looks grim right now. The world's most popular cryptocurrency is down 47% from its all-time high back in October, and is currently trading for just $67,000. That may be the case, but I'm predicting that Bitcoin will nearly double in value and regain the $125,000 price level by the end of the year. Here's why. 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 » Spot Bitcoin ETF inflows It all starts with spot Bitcoin ETF inflows. As long as institutional money is flowing into these ETFs on a regular basis, there is effectively a floor under the price of Bitcoin. And, while net outflows have been occurring in 2026, the picture is not nearly as dire as one might think. According to Coinglass, which tracks spot Bitcoin ETF inflows and outflows on a daily basis, there have been net inflows in 6 of the past 10 trading days. So it's not like institutional investors are abandoning Bitcoin as a unique diversifier for their portfolios. To some extent, this is the result of the outbreak of hostilities in the Middle East. Seemingly out of nowhere, Bitcoin is starting to regain its former narrative of being a potential safe haven asset. Long story short, global investors are panicking, and not sure where to put their money, other than into gold. So they are now turning to Bitcoin, which is sometimes referred to as "digital gold." Strategic Bitcoin Reserve And there's another huge catalyst that nobody is talk...
Local governments across China have rushed to ride the OpenClaw AI boom in hopes of spurring economic growth, only for Beijing to step in swiftly to rein in the frenzy. It has issued a series of safety warnings that analysts say underscore the divide in priorities between local and central authorities. The rush to adopt the artificial intelligence (AI) software has seen major internet companies of...
Local governments across China have rushed to ride the OpenClaw AI boom in hopes of spurring economic growth, only for Beijing to step in swiftly to rein in the frenzy. It has issued a series of safety warnings that analysts say underscore the divide in priorities between local and central authorities. The rush to adopt the artificial intelligence (AI) software has seen major internet companies offer low-cost or easily accessible versions, while local governments have rolled out subsidies to promote its use and develop software built around the technology. Advertisement High-profile examples include a district in Wuxi, in eastern Jiangsu province, which introduced a 12-point plan covering foundational support, talent recruitment and security compliance, offering individual grants of up to 5 million yuan (US$728,000). But central authorities soon stepped in with security warnings about the viral open-source AI agent. Advertisement
shaunl/E+ via Getty Images Intro Huntington Ingalls Industries, Inc. ( HII ) is America's largest military shipbuilder and the sole domestic manufacturer of nuclear-powered aircraft carriers. Their business has reached a critical inflection point as they transition from being viewed as a low-growth, legacy contractor to a critical piece of America's national security. The current administration ha...
shaunl/E+ via Getty Images Intro Huntington Ingalls Industries, Inc. ( HII ) is America's largest military shipbuilder and the sole domestic manufacturer of nuclear-powered aircraft carriers. Their business has reached a critical inflection point as they transition from being viewed as a low-growth, legacy contractor to a critical piece of America's national security. The current administration has started an aggressive push towards a 381-ship fleet and has recently detailed America's Maritime Action Plan that fundamentally alters the economics of shipbuilding by heavily subsidizing shipyard infrastructure. On a more granular level, the Navy's cancellation of the failing Constellation-class program and its decision to pivot to using HII's design guarantees a new revenue stream for the business. HII's strong revenue visibility, combined with federally absorbed capex and growing margins from its Mission Technologies segment, has fundamentally altered HII into a high-leverage growth play that is of utmost importance to the future of our country. Company Overview HII is currently the largest military shipbuilding company in the United States. They operate through three primary segments: Newport News Shipbuilding (NNS), Ingalls Shipbuilding, and Mission Technologies. Each segment plays a distinct role in its defense ecosystem, creating a synergistic relationship where its legacy businesses fund their high-growth, high-margin expansion into autonomous systems and AI. The Newport News Shipbuilding facility is the only manufacturing site in the Western Hemisphere capable of designing, building, and refueling nuclear-powered aircraft carriers. This is not just a factory but a nationally strategic asset that is a vital part of our defensive capabilities. Their flagship product is the Gerald R. Ford-class aircraft carrier, which is the most expensive and technologically advanced warship ever created. These serve as mobile airbases, which allow America to assert power globally ...
The United States Department of Defense may continue to use Amazon-backed (AMZN) Anthropic's AI tool Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
The United States Department of Defense may continue to use Amazon-backed (AMZN) Anthropic's AI tool Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.