GE Aerospace (NYSE:GE) is one of the 10 Best Space Exploration Stocks to Buy According to Analysts. GE Aerospace (GE) Expands Partnership With Palantir On March 12, 2026, GE Aerospace (NYSE:GE) announced that the company is expanding its partnership with Palantir Technologies (PLTR) to improve the U.S. Air Force mission readiness through advanced agentic AI. The company will utilize Palantir’s Art...
GE Aerospace (NYSE:GE) is one of the 10 Best Space Exploration Stocks to Buy According to Analysts. GE Aerospace (GE) Expands Partnership With Palantir On March 12, 2026, GE Aerospace (NYSE:GE) announced that the company is expanding its partnership with Palantir Technologies (PLTR) to improve the U.S. Air Force mission readiness through advanced agentic AI. The company will utilize Palantir’s Artificial Intelligence Platform to optimize its production system, maintenance, and MRO workflows. The collaboration, initially formed to improve J85 engine sustainment for T-38 trainers, will now help automate complex supply chain tasks. Further, while addressing the significance of the partnership, Amy Gowder, president and CEO of Defense and Systems, GE Aerospace (NYSE:GE), stated that their collaboration with Palantir ensures that airmen receive the training required to execute their mission by increasing aircraft availability. In another development, Bernstein analyst Douglas Harned raised the firm’s price target on GE Aerospace (NYSE:GE) from $374 to $405 while maintaining an Outperform rating. Bernstein updated the stock’s outlook after a closer inspection of the company’s engine operations by integrating 2025 results and 2026 guidance from GE and Safran. Incorporated as an independent public company in 2024, GE Aerospace (NYSE:GE) is a global leader in jet engines and systems for commercial and military aircraft. Its headquarters is in Ohio. While we acknowledge the potential of GE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Asset Management Stocks to Buy Right Now and 10 Best Stocks to Invest in During a Recession Disclosure: None. Follow Insider Monkey on Google News.
Artificial intelligence drone software maker Swarmer Inc. ’s shares have surged more than 1,200% in two days, making it the best market entry for a US stock in nearly a year. The Austin, Texas-based company’s shares soared nearly 110% to $65.04 on Wednesday, after closing up 520% on Tuesday. It is now the strongest show from a debuting stock since Newsmax Inc.’s 2,230% two-day gain last year. Swar...
Artificial intelligence drone software maker Swarmer Inc. ’s shares have surged more than 1,200% in two days, making it the best market entry for a US stock in nearly a year. The Austin, Texas-based company’s shares soared nearly 110% to $65.04 on Wednesday, after closing up 520% on Tuesday. It is now the strongest show from a debuting stock since Newsmax Inc.’s 2,230% two-day gain last year. Swarmer’s rally brings the company’s market capitalization to nearly $800 million. The company generated just $309,920 in revenue for the year ended December 31, 2025, a roughly 6% decline from the same period a year earlier. The company, which is not a drone manufacturer, uses artificial intelligence technology to deploy and coordinate drone swarms, like a bird flock, at scale. Its platform has been deployed in Ukraine with more than 100,000 real-world missions in active combat environment, since April 2024, according to a regulatory filing. Swarmer’s two-day rally comes amid a growing investor interest in the defense industry, along with the emergence of software-driven, autonomous systems and a broader move in modern warfare toward low-cost weapons. Read more: AI Drone Software Stock Jumps 520% in Best IPO Since Newsmax
March 18, 2026, 11:55 a.m. CT Microsoft will no longer use non-disclosure agreements with local governments for its data center projects. The company stated the policy change is intended to increase transparency and strengthen public trust. Microsoft will contact municipalities with existing NDAs to coordinate their termination. This decision follows resident opposition to a secretive data center ...
March 18, 2026, 11:55 a.m. CT Microsoft will no longer use non-disclosure agreements with local governments for its data center projects. The company stated the policy change is intended to increase transparency and strengthen public trust. Microsoft will contact municipalities with existing NDAs to coordinate their termination. This decision follows resident opposition to a secretive data center project in Caledonia, Wisconsin. Microsoft is ending its policy of using non-disclosure agreements with local municipalities at it builds out its data centers, according to an announcement by the company on March 18. A company statement said it "made the decision that being transparent with the communities where we operate or seek to operate is paramount. This shift is about strengthening public trust, enabling better dialogue, and ensuring that our growth is matched by meaningful engagement. " Transparency, or lack there of, on data center projects by technology companies has been raised as a major criticism by local residents opposed to data center projects. For those municipalities that already have an NDA in place with Microsoft, the company said it is reaching out to those local governments to "coordinate termination." "Microsoft has sometimes used NDAs during early stages of data center development to help protect sensitive commercial information, address early security considerations, and ensure we can comply with local regulatory and permitting processes," the company said. "It is a common industry practice to seek NDAs to protect early information about development proposals." However there are some parts of development that require proprietary information and Microsoft said it will "seek to protect such information from records disclosure to protect our business interests" where the law allows. "We often work in close coordination with local governments to develop our designs to reflect local requirements and priorities," the company said. "Because of this coordin...
Prediction markets platform Polymarket is looking to hire a chief risk officer as it works to expand its regulated business in the US, according to people familiar with the matter. The Commodity Futures Trading Commission, which regulates Polymarket’s US operations, has stipulated that the platform needs to hire a chief risk officer to oversee its US entities. CFTC rules prohibit listing some of t...
Prediction markets platform Polymarket is looking to hire a chief risk officer as it works to expand its regulated business in the US, according to people familiar with the matter. The Commodity Futures Trading Commission, which regulates Polymarket’s US operations, has stipulated that the platform needs to hire a chief risk officer to oversee its US entities. CFTC rules prohibit listing some of the more controversial contracts in the US, such as those related to war, that Polymarket offers in its international business. The search for a chief risk officer comes after Polymarket added a bench of legal expertise in recent months to work with chief legal officer Neal Kumar, a former partner at Willkie Farr & Gallagher, the people familiar said. The legal team recently hired Olivia Chalos from Sullivan & Cromwell as Kumar’s deputy. Matthew Lischin, who led the North American global markets law group at RBC Capital, also joined Polymarket, along with Erin Savoie from Proskauer Rose and Bailey Springer from Sullivan & Cromwell. A representative for Polymarket declined to comment. The platform has courted controversy by listing contracts tied to assassination, terrorism and war in its offshore venue, with critics on both sides of the aisle in the US. Rival Kalshi Inc. is also hiring from the world of mainstream financial services. The prediction exchange recently hired Udesh Jha, the head of post-trade services at CME Group, to run quantitative analysis. In February, Kalshi tapped Andy Ross, the former head of prime and financing at Standard Chartered Plc to help build its business serving institutional investors. Read: CFTC to Craft New Prediction Market Rules, Chairman Says (2)
Thawatchai Chawong/iStock via Getty Images Investment Outlook Blend Labs ( BLND ) recently reported its Q4 2025 and full-year financial results , meeting quarterly earnings estimates and beating its revenue guidance. I previously analyzed BLND in April 2025 with a neutral Hold outlook due to uncertainties in the US mortgage industry demand outlook. While management has aggressively sought to integ...
Thawatchai Chawong/iStock via Getty Images Investment Outlook Blend Labs ( BLND ) recently reported its Q4 2025 and full-year financial results , meeting quarterly earnings estimates and beating its revenue guidance. I previously analyzed BLND in April 2025 with a neutral Hold outlook due to uncertainties in the US mortgage industry demand outlook. While management has aggressively sought to integrate GenAI capabilities, the firm remains vulnerable to disruption in my view. It also faces a worsening mortgage industry demand backdrop from rising interest rates in recent weeks in the context of spiking oil prices from the ongoing US-Iran war. My outlook for BLND is therefore downgraded to a bearish Sell. Blend Labs’ Market And Approach Blend operates primarily in the mortgage origination software and services market and the consumer banking software market. According to a 2026 market research report by Mordor Intelligence, the global financial services software market is around $187 billion in size in 2026 and is forecasted to reach $343 billion by 2031. If achieved, this growth would represent a strong CAGR of 12.9% from 2027 to 2031. The main drivers for this forecasted growth are having to comply with regulatory deadlines, dealing with increasingly complex IT operating environments and the need for financial institutions to improve their offerings and increase efficiencies. Significant competitors and other industry players include: nCino ( NCNO ) Tavant Technologies MeridianLink LenderLogix RealKey Truework Roostify Neofin SimpleNexus Kiavi Major consulting firms Systems integrators Financial software companies Blend sells its software through an in-house direct sales team and via partners focused on banks, mortgage lenders, credit unions, escrow companies, and other financial service firms. The firm charges for its services through subscription, transaction and professional service fees. Recent Financial Trends Topline revenue fell sequentially despite a growing ...
Earnings Call Insights: Jabil Inc. (JBL) Q2 2026 Management View CEO Michael Meheryar Dastoor highlighted, "the second quarter came in stronger than we had anticipated in December, with revenue approximately $500 million above the midpoint of our guidance, which also drove better-than-expected performances in both core operating margin and core EPS." Dastoor noted that the revenue upside was broad...
Earnings Call Insights: Jabil Inc. (JBL) Q2 2026 Management View CEO Michael Meheryar Dastoor highlighted, "the second quarter came in stronger than we had anticipated in December, with revenue approximately $500 million above the midpoint of our guidance, which also drove better-than-expected performances in both core operating margin and core EPS." Dastoor noted that the revenue upside was broad-based, with outperformance in cloud and data center infrastructure, networking and communications, automotive, and renewables. Dastoor stated, "our Intelligent Infrastructure segment, driven by the AI data center build-out, continues to be our growth driver in the near term," and pointed to signs of recovery in automotive, transportation, and renewables. Dastoor announced the revised outlook: "We now believe our Intelligent Infrastructure segment will be approximately $16.5 billion, an increase of $1.1 billion over our previous expectations and 34% growth over fiscal 2025, driven by incremental growth in all 3 of our end markets in that segment." CFO Gregory Hebard reported, "Net revenue for Q2 was $8.3 billion, exceeding our outlook for the period. Favorable revenue mix and ongoing cost discipline enabled us to achieve core operating income of $436 million and a core operating margin of 5.3%. On a GAAP basis, operating income was $374 million, and GAAP diluted earnings per share was $2.08. Core diluted earnings per share for Q2 was $2.69, reflecting results that were above our expectations for the quarter." Outlook Dastoor provided updated guidance: "For fiscal 2026, we now expect revenues of approximately $34 billion, an increase of approximately $1.6 billion from a prior outlook of $32.4 billion. We're also raising our full year diluted earnings per share outlook to $12.25, up from $11.55." The company expects Intelligent Infrastructure revenue to reach $16.5 billion, with AI-related revenue targeted at $13.1 billion for fiscal 2026, representing a 46% year-over-year in...
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
We welcome Gordon Brown’s powerful focus on the traumatic effects of war on children in Iran (Children killed, a school turned into a graveyard: even in wartime, we can’t accept this, 12 March). In our work with child psychologists in Ukraine, Gaza and other conflict zones, we have seen how wars blight the lives not only of children who are injured but also of those who lose their homes, families ...
We welcome Gordon Brown’s powerful focus on the traumatic effects of war on children in Iran (Children killed, a school turned into a graveyard: even in wartime, we can’t accept this, 12 March). In our work with child psychologists in Ukraine, Gaza and other conflict zones, we have seen how wars blight the lives not only of children who are injured but also of those who lose their homes, families and communities. Disrupted schooling, displacement to other countries, bereavement in their peer group and family, witnessing the horrors of conflict and feeling the terrors of air raids or ground attacks – all of these catastrophic experiences can lead to lifelong psychological disturbance. In this context, we would urge the international community not only to strengthen legal protections for children in war zones, but also to increase support for life-changing trauma treatments, which we have found in Ukraine can help up to 92% of traumatised children to recover their mental health. Dr Maria Callias Chair, Children and War UK It shouldn’t be controversial to be against the targeting of children and teachers. It shouldn’t be controversial to stand against child slavery in war and conflict. And it certainly shouldn’t be controversial to use our voices to speak out against mass murder of children. Gordon Brown raises moral, political and legal standpoints in this well-written, factual article. I believe, as citizens, that it is our duty to engage in our democracy, as one of the British values, to raise this problem to MPs, councillors, metropolitan mayors and council leaders so that children are never blown up in their own classroom again. Mackenzie Smallman Manchester I couldn’t agree more with Gordon Brown. No child should ever become collateral damage. Attacks on education buildings – and one assumes on schoolchildren – are war crimes. In September 2025, Save the Children stated that at least 20,000 children in Gaza had been killed in 23 months – on average one Palestinia...
phokin/iStock via Getty Images Thesis Summary Once again, Nvidia ( NVDA ) CEO Jensen Huang has shocked the world with a path toward a trillion-dollar AI infrastructure empire. That's very bullish for AI and Nvidia. But while investors are cheering Nvidia and its partners, I believe Advanced Micro Devices, Inc. ( AMD ) is the big winner. Nvidia is trying to become the one-stop shop for AI infrastru...
phokin/iStock via Getty Images Thesis Summary Once again, Nvidia ( NVDA ) CEO Jensen Huang has shocked the world with a path toward a trillion-dollar AI infrastructure empire. That's very bullish for AI and Nvidia. But while investors are cheering Nvidia and its partners, I believe Advanced Micro Devices, Inc. ( AMD ) is the big winner. Nvidia is trying to become the one-stop shop for AI infrastructure, and this may backfire. AMD is offering an open-source alternative while also outperforming Nvidia where it matters: memory. AMD stock outperformed Nvidia in 2025, and I believe this will continue in 2026. Nvidia vs. AMD Approach With the introduction of the Vera CPU , it's clear that Nvidia aims to be a full-stack AI infrastructure provider. Of course, this makes sense, since it increases the company's TAM. But it also makes it harder for the big hyperscalers to trust Nvidia and buy into its ecosystem. Hyperscalers don’t want to be locked into a single vendor’s proprietary stack, especially one that is rapidly expanding its pricing power. AMD, in contrast, is leaning into openness. Its Helios rack architecture, built on open standards and supported by the ROCm software ecosystem, gives its clients full control. AMD is trying to offer value wherever it can, rather than trying to offer a holistic solution to AI. As Nvidia pushes further toward vertical integration, AMD is becoming the default alternative for those who want to avoid vendor lock-in. AMD Does Memory Better And that’s not the only thing that makes AMD the better alternative to Nvidia today. If there’s something that became apparent at GTC, it’s that compute is no longer the bottleneck; memory is. Jensen Huang, CEO of Nvidia, has identified the memory bottleneck as the most critical limiting factor in AI advancement for 2025 and 202 Source: Yahoo Finance . Agentic AI systems require persistent context, large model states, and real-time reasoning. This is why high-bandwidth memory (HBM) is quickly becoming t...
Readers respond to Simon Jenkins’ article that supported King Charles’s planned trip to America in April I sympathise with much of Simon Jenkins’ reasoning on why King Charles should confirm his presence at celebrations of the US’s declaration of independence, but ultimately come to a different conclusion ( The king’s visit to the US must go ahead despite Trump’s terrible military aggression, 13 M...
Readers respond to Simon Jenkins’ article that supported King Charles’s planned trip to America in April I sympathise with much of Simon Jenkins’ reasoning on why King Charles should confirm his presence at celebrations of the US’s declaration of independence, but ultimately come to a different conclusion ( The king’s visit to the US must go ahead despite Trump’s terrible military aggression, 13 March ). As Jenkins points out: “Separating headship of state from daily politics is a virtue of hereditary monarchy.” I am just not convinced that the king’s host will be capable of understanding that level of subtlety. He will instead see what he wants to see: a king come to pay tribute to him personally. We should have no part of that and should not expect our king to have any part either. We can think about a visit once the would-be monarch of America apologises for his most recent slights on our nation, most notably on the men and women who fought and died in support of his nation’s cause that he so easily dismissed. Nicholas Avery Felixstowe, Suffolk Continue reading...
The Prison Governors’ Association is right to warn about “nothing-to-lose” prisoners attacking notorious inmates such as Ian Huntley (Governors warn of increasing violence of ‘nothing-to-lose’ inmates attacking notorious prisoners, 13 March). But the warning barely scratches the surface. The deeper problem is that the system itself contains many people with little to lose, either inside or outside...
The Prison Governors’ Association is right to warn about “nothing-to-lose” prisoners attacking notorious inmates such as Ian Huntley (Governors warn of increasing violence of ‘nothing-to-lose’ inmates attacking notorious prisoners, 13 March). But the warning barely scratches the surface. The deeper problem is that the system itself contains many people with little to lose, either inside or outside prison. Thousands arrive already trapped in cycles of addiction, trauma, homelessness and untreated mental illness, with little stake in life beyond the prison walls. Prison rarely repairs this damage; more often it compounds it. Rehabilitation has increasingly given way to containment and idleness, and regimes that in practice resemble solitary confinement. Release often changes little. Former prisoners are at best monitored, but rarely supported into stable housing, employment, education or treatment. Unsurprisingly, many return to custody even more embittered and dysfunctional. Until ministers confront these wider social and institutional failures – and hold the leadership of the prison and probation services properly accountable – the crisis in our penal system will deepen and serious violence will become increasingly endemic. John Podmore Former governor, HMPs Belmarsh, Brixton and Swaleside; and former prisons inspector
Key Points Some retirees can work as much as they want when collecting benefits, but others can't. Know the work rules to avoid delaying some of your hard-earned Social Security income. Retirees who work may create temporary financial shortfalls. but it all evens out later on. The $23,760 Social Security bonus most retirees completely overlook › For many seniors, retirement doesn't mean disappeari...
Key Points Some retirees can work as much as they want when collecting benefits, but others can't. Know the work rules to avoid delaying some of your hard-earned Social Security income. Retirees who work may create temporary financial shortfalls. but it all evens out later on. The $23,760 Social Security bonus most retirees completely overlook › For many seniors, retirement doesn't mean disappearing from the workforce entirely. Some people want to retire and still work part-time, while others must keep working into their traditional retirement years out of financial necessity. Earning a paycheck is typically not a bad thing for seniors, but things can get tricky because work can affect your Social Security benefits in certain situations. Some retirees can work as much as they want while still collecting Social Security, while others have strict limits, and failure to understand them could lead to an unexpected loss in retirement benefits. 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 » Here's what you need to know about working while collecting Social Security so you can see what will happen if you decide to work after claiming your retirement checks. These retirees can work as much as they want For some seniors, the size of their paycheck will have no impact on their monthly Social Security benefits. They can work as much as they want, as many jobs as they want, to supplement the money in their retirement plans. Seniors who can do that are those who have already reached their full retirement age (FRA). FRA is based on birth year. For anyone born in 1960 or later, it's 67. As the Social Security Administration makes clear, "starting with the month you reach full retirement age, there is no limit on how much you can earn and still receive your benefits." Working after FRA will not only not reduce y...
Wheat was climbing as the war in Iran continued to push up oil prices, prompting worries that farmers could cut back on sowing due to soaring costs for fuel and fertilizer. Additionally, harsh winter weather in parts of the central US may have damaged wheat plants that had broken dormancy at a time when limited precipitation was already stressing fields . Futures for hard red winter wheat , a vari...
Wheat was climbing as the war in Iran continued to push up oil prices, prompting worries that farmers could cut back on sowing due to soaring costs for fuel and fertilizer. Additionally, harsh winter weather in parts of the central US may have damaged wheat plants that had broken dormancy at a time when limited precipitation was already stressing fields . Futures for hard red winter wheat , a variety used to make all-purpose and bread flour and favored in states such as top grower Kansas, gained as much as 3.8%. Benchmark Chicago futures for soft red winter wheat, used for cookies and cakes, rose as much as 2.9%. The jump came as oil surged amid further strikes on Persian Gulf facilities, while a surprisingly hot inflation report from before the war pressured the stock market. Broader concerns about inflation have also helped to bring investors into crops such as wheat and soybeans — the part of the commodities space with the highest correlation to price pressures in the last decade, according to StoneX chief commodities economic Arlan Suderman . “Thus, we’ve generally seen positive money flow into the grain and oilseed sector when inflation expectations rise, as they have been, while the money flow reverses when those expectations pull back,” Suderman said in a Wednesday note. Investment funds recently flipped to a net bullish position in Kansas wheat and have been chipping away at their short in Chicago wheat, while adding to bullish bets in corn and soy, according to regulatory data . Meanwhile, erratic weather across the US included some below-freezing temperatures in the Plains, where some wheat fields have been growing for a few weeks. “Wheat is pretty hardy for winter conditions, but once it starts its spring march to finish, it gets more vulnerable,” Lee Scheufler, who grows wheat in central Kansas, said by phone. “I do have some concerns we are set up for freeze damage because our wheat is ahead of schedule.” Any impact on yields won’t be known for weeks. O...
Regarding your article (Royals and celebrities warned to watch words as lip-reading videos go viral, 15 March), the public needs to be aware that lip-reading is not an exact science and research shows that only about 30% of information can be seen on the lips in the best of circumstances. This is because the remainder of speech shapes are inside the mouth, hidden from view. So lip-reading is very ...
Regarding your article (Royals and celebrities warned to watch words as lip-reading videos go viral, 15 March), the public needs to be aware that lip-reading is not an exact science and research shows that only about 30% of information can be seen on the lips in the best of circumstances. This is because the remainder of speech shapes are inside the mouth, hidden from view. So lip-reading is very much guesswork and relies on a great deal of factors, including having good English competency, which many congenitally deaf people do not have due to lack of support in education; having the person being lip-read close enough to see clearly, their head still, with slow, clear lip patterns; nothing hiding the mouth like beards or hands; having an accent that is familiar to the person lip-reading; plenty of facial expressions and gestures, and so on. The TV programme Code of Silence was unrealistic, as is most people’s understanding of deafness. Lip-reading and hearing-aided technology have been mythologised to deaf people’s detriment, so that we must live up to an impossible dream. Jill Jones Chair, Deaf Experience (Dex)
On February 17, 2026, Stonehill Capital Management reported a new position in ManpowerGroup(MAN +1.63%), acquiring 316,522 shares worth $9.41 million during the fourth quarter. What happened According to a February 17, 2026, SEC filing, Stonehill Capital Management established a new position in ManpowerGroup, acquiring 316,522 shares. The quarter-end value of the stake was $9.41 million. What else...
On February 17, 2026, Stonehill Capital Management reported a new position in ManpowerGroup(MAN +1.63%), acquiring 316,522 shares worth $9.41 million during the fourth quarter. What happened According to a February 17, 2026, SEC filing, Stonehill Capital Management established a new position in ManpowerGroup, acquiring 316,522 shares. The quarter-end value of the stake was $9.41 million. What else to know This is a new position for Stonehill Capital Management, representing 2.8% of its $333.82 million in reportable U.S. equity assets under management as of December 31, 2025. Top holdings after the filing: NASDAQ: SATS: $90.38 million (29.0% of AUM) NASDAQ: JOYY: $71.47 million (22.9% of AUM) NYSE: ELME: $30.25 million (9.7% of AUM) NASDAQ: LBRDK: $21.07 million (6.8% of AUM) NYSE: MBC: $19.65 million (6.3% of AUM) As of Wednesday, shares of ManpowerGroup were priced at $26.56, plunging about 56% over the past year and well underperforming the S&P 500, which has instead climbed about 19% in the same period. Company overview Metric Value Revenue (TTM) $17.96 billion Net income (TTM) ($13.30 million) Dividend yield 5% Price (as of Wednesday) $26.56 Company snapshot ManpowerGroup offers recruitment, workforce solutions, assessment, training, career management, and outsourcing services across dozens of countries, primarily under the Manpower and Experis brands. The firm generates revenue through permanent and temporary staffing, HR outsourcing, professional resourcing, and workforce consulting for large-scale and specialized talent needs. It serves multinational corporations and local businesses seeking staffing, workforce management, and talent development solutions in diverse industries. ManpowerGroup is a global leader in workforce solutions that leverages its scale and expertise to deliver flexible staffing and talent management services, addressing complex workforce needs for clients in dozens of countries. What this transaction means for investors ManpowerGroup’s l...
Hong Kong Airlines Ltd. said March 17 it would raise surcharges again starting the next day, just a week after a previous increase. Photo: VCG Chinese airlines are ramping up fuel surcharges as Middle East conflict drives a surge in jet fuel prices, with Hong Kong carriers leading the move and major mainland peers following. Hong Kong Airlines Ltd. said March 17 it would raise surcharges again sta...
Hong Kong Airlines Ltd. said March 17 it would raise surcharges again starting the next day, just a week after a previous increase. Photo: VCG Chinese airlines are ramping up fuel surcharges as Middle East conflict drives a surge in jet fuel prices, with Hong Kong carriers leading the move and major mainland peers following. Hong Kong Airlines Ltd. said March 17 it would raise surcharges again starting the next day, just a week after a previous increase. Fees on routes to Asian destinations such as Japan and South Korea will rise 36.8% to HK$290 ($37), while surcharges on long-haul routes to North America and Europe will jump 57.5% to HK$1,164.
Regarding your editorial on SUVs (16 March), a simple way to make road users pay their share is to tax vehicles by weight. I’d quite happily pay my share towards the road damage caused, and space taken up, by my bicycle. Richard Jones Bristol I never read travel journalism as I believe that if a place sounds too wonderful everyone else will be inspired to visit it too. But Mark Cocker (Country Dia...
Regarding your editorial on SUVs (16 March), a simple way to make road users pay their share is to tax vehicles by weight. I’d quite happily pay my share towards the road damage caused, and space taken up, by my bicycle. Richard Jones Bristol I never read travel journalism as I believe that if a place sounds too wonderful everyone else will be inspired to visit it too. But Mark Cocker (Country Diary, 17 March) had me fooled into wanting to go and look at the flowers in … no, I won’t say where. Jocelyn Rose Fort William, Highlands I too was told by my mother to wear clean pants in case I got knocked over (Letters, 15 March). Unfortunately I was, and my femur and clavicle were broken. No one was interested in how clean my pants were. Indeed, much of my clothing was cut off. Jeff Anderson Harrow, London Urging me not to waffle, my mother used to say: “You open your mouth and the wind blows your tongue about.” Tony Burnham Didsbury, Manchester The barleycorn as a unit of measurement has surely not faded into the mists of time (Letters, 15 March). It is in use every time you buy a pair of shoes. Rosalind Clayton London
Stefonlinton FedEx ( FDX ) is expected to see an 8.4% decline in its third-quarter earnings, which will be released on March 19, after markets close. The consensus EPS estimate is $4.13, while revenue is seen jumping 5.8% to $23.48B. In the prior quarter, the company guided for Q3 adjusted EPS to decline sequentially from Q2, while revenue was expected to remain broadly in line. Operating expenses...
Stefonlinton FedEx ( FDX ) is expected to see an 8.4% decline in its third-quarter earnings, which will be released on March 19, after markets close. The consensus EPS estimate is $4.13, while revenue is seen jumping 5.8% to $23.48B. In the prior quarter, the company guided for Q3 adjusted EPS to decline sequentially from Q2, while revenue was expected to remain broadly in line. Operating expenses were projected to rise modestly due to peak demand pressures and higher costs associated with the MD-11 grounding. Over the last 3 months, EPS estimates have seen 8 upward revisions and 13 downward moves. Revenue estimates have seen 15 upward revisions and 2 downward moves. In Q3, the Federal Express segment revenue is expected to reach $20.68B, while the FedEx Freight segment revenue is likely to come in at $2.04B, as per Zacks Equity Research. Going into the quarterly results, investors are likely to watch out for the company’s forward guidance amid the Middle East tensions. Analysts have already cautioned investors over mounting cost pressures and downside risk that the company faces due to the U.S.-Iran conflict, which has resulted in elevated oil prices. FedEx may enjoy higher fuel surcharges but would also incur higher fuel and transportation expenses, Seeking Alpha analyst Asian Value Investor said. “Its operating costs and expenses may increase and squeeze margins. It must also watch out for the further effect on consumer and business spending, which may affect its volume and pricing,” the analyst warned. Service suspension in the Middle East could also emerge as another pain point for the company, likely disrupting its supply chain and driving higher costs for FDX. Even as the freight company is at risk of losing some revenues and incurring more expenses amid the current situation, the analyst was optimistic that the firm’s heavy investment in AI may prove to be beneficial. “Route optimization amid delays and rerouting may allow its drivers to find the best and mo...
(RTTNews) - Shares of Boyd Group Services Inc. (BGSI) are falling about 12 percent on Wednesday morning trading after the company reported a decline in full-year net earnings to $18.4 million from last year's $24.5 million. The company's stock is currently trading at $141.41, down 12.50 percent or $20.21, over the previous close of $161.62 on the New York Stock Exchange. It has traded between $134...
(RTTNews) - Shares of Boyd Group Services Inc. (BGSI) are falling about 12 percent on Wednesday morning trading after the company reported a decline in full-year net earnings to $18.4 million from last year's $24.5 million. The company's stock is currently trading at $141.41, down 12.50 percent or $20.21, over the previous close of $161.62 on the New York Stock Exchange. It has traded between $134.22 and $183.10 in the past one year. However, sales for the period rose 2.4 percent, to $3.142 billion from $3.070 billion in the previous year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Fisher Sand & Gravel embraced the MAGA immigration agenda early on and has won more than $8 billion in government contracts since July. Sophie Alexander explains. (Source: Bloomberg)
Fisher Sand & Gravel embraced the MAGA immigration agenda early on and has won more than $8 billion in government contracts since July. Sophie Alexander explains. (Source: Bloomberg)