A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: KBW President & CEO Tom Michaud, Key Institutional Bank President Randy Paine, McKinsey Senior Partner Amit Garg, Andreessen Horowitz General Partner Angela Strange, and Lincoln International CEO Rob Brown. (Source: Bloomberg)
A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: KBW President & CEO Tom Michaud, Key Institutional Bank President Randy Paine, McKinsey Senior Partner Amit Garg, Andreessen Horowitz General Partner Angela Strange, and Lincoln International CEO Rob Brown. (Source: Bloomberg)
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in January. Text removed from the January statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. Zoom In Icon Arrows pointing outw...
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in January. Text removed from the January statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. Zoom In Icon Arrows pointing outwards Watch Fed Chair Jerome Powell's press conference here. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Key Points Oracle has become a significant player in the cloud services market, and that’s helped it benefit from the AI boom. The company recently spoke about its profitability from AI products and services. 10 stocks we like better than Oracle › Investors have favored artificial intelligence (AI) stocks over the past few years, seeing them as the ticket to an investing win. This is because AI ha...
Key Points Oracle has become a significant player in the cloud services market, and that’s helped it benefit from the AI boom. The company recently spoke about its profitability from AI products and services. 10 stocks we like better than Oracle › Investors have favored artificial intelligence (AI) stocks over the past few years, seeing them as the ticket to an investing win. This is because AI has shown potential to revamp the way many things are done -- from business to daily tasks -- and as a result, supercharge earnings growth. Many companies involved in the development and use of AI already have started to reap the benefits, and this has been reflected in their stock performance. So investors who got in early made the right move. But in recent months, various concerns have weighed on AI stocks -- from worries about investment levels in the technology relative to the revenue opportunity to general market headwinds, such as the war in Iran. As investors turned more cautious, even the strongest of AI stocks suffered. And that brings me to the subject of Oracle (NYSE: ORCL), a company that's emerged as a leader in the AI cloud market. 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 » Down 20% this year, is Oracle a no-brainer AI buy? Let's find out. From database management to AI First, let's consider the Oracle story so far. The company has been around for almost 50 years, so it didn't start out as an AI player. Instead, you may know Oracle for its strengths in database management, and this specialty has served as a springboard for the growth it's seeing today in another business: cloud infrastructure. In recent years, Oracle has focused on ramping up its cloud business, and that proved to be a wise move, considering the level of demand today. AI customers greatly need capacity, and Oracle is offe...
There’s something weird going on in Westminster. A mutant pathogen in the water maybe. Whatever it is, Keir Starmer and Kemi Badenoch appear to have been struck down by it. Both have had parts of their memory wiped. At times they now sound like the living dead. Keir can’t remember a thing about Peter Mandelson. And Kemi is a total blank when it comes to the Iran war. It’s hard to know which is wor...
There’s something weird going on in Westminster. A mutant pathogen in the water maybe. Whatever it is, Keir Starmer and Kemi Badenoch appear to have been struck down by it. Both have had parts of their memory wiped. At times they now sound like the living dead. Keir can’t remember a thing about Peter Mandelson. And Kemi is a total blank when it comes to the Iran war. It’s hard to know which is worse. Keir at least has only forgotten what happened a year ago, so he can more or less have a half-life in the real world. Meanwhile, Kemi has no idea what happened last week. Or even yesterday. She is condemned to live in a permanent present. All of which made prime minister’s questions a near pointless exercise, with Starmer and Badenoch talking past one another. Questions got asked but not answered. Two competing forms of amnesia battling to find a voice. It was just Starmer’s bad luck that Kemi couldn’t remember what she was supposed to be doing and kept asking about something he had no idea about. They might as well have been speaking in tongues. You’d have thought that Kemi would have wanted to use her six questions to ask about the US war with Iran. After all, the crisis has dominated the news cycle for the past three weeks and may well have a massive impact on the economies of almost every country in the world. Stories don’t get much bigger than this. A time when, in the past, politicians of all parties come together in the national interest. And it just so happened that Kemi had been talking about the war only the day before, when she had described President Trump’s insults about Starmer as childish. Something that had raised a few eyebrows. Not to mention sniggers. Pots and kettles. After all, Kemi’s stock in trade at previous PMQs has been childish insults. Like watching a five-year-old have a meltdown. But sadly Kemi can no longer remember yesterday. Every day is a new beginning. So instead, Kemi chose to ask about Mandelson. Maybe the prime minister would like t...
FinkAvenue Morgan Stanley thinks a successful robotaxi rollout by Tesla ( TSLA ) is an underappreciated catalyst. Analyst Andrew Percoco said the firm's positive outlook for robotaxi and Cybercab production includes seeing the potential for the business to create a powerful flywheel across Tesla's ( TSLA ) ecosystem. "Incremental unsupervised robotaxi miles driven improve the underlying autonomy m...
FinkAvenue Morgan Stanley thinks a successful robotaxi rollout by Tesla ( TSLA ) is an underappreciated catalyst. Analyst Andrew Percoco said the firm's positive outlook for robotaxi and Cybercab production includes seeing the potential for the business to create a powerful flywheel across Tesla's ( TSLA ) ecosystem. "Incremental unsupervised robotaxi miles driven improve the underlying autonomy model, which accelerates the path to personal unsupervised FSD. This, in turn, supports higher FSD attach rates, improves auto demand, and cash flow generation. In the context of rising capex and near-term cash burn, we see advancements in personal FSD as a key lever to reinvigorate auto sales and margins to fund Tesla's longer-term ambitions in physical AI," updated Percoco. While the rollout in Austin has been intentionally slow, it is seen as allowing the company to refine its rollout strategy, which it expects to help compress the scaling process in the seven incremental cities that it expects to launch in the first half of this year. Once launched in new cities, Tesla ( TSLA ) expects to narrow the time from supervised to unsupervised. Crucially, the Morgan Stanley analyst team sees Tesla's ( TSLA ) robotaxi offering as structurally advantaged on cost, driven by vertical integration across vehicle production and fleet operations, including service, reconditioning, charging, insurance, etc. "Using Model Y, we estimate an all-in cost structure of approximately $0.81 per mile (excluding tolls), which compares to ~$1.71 per mile for rideshare and $1.43/mile for Waymo ( WAYMO )," highlighted Percoco. As Cybercab production scales, the estimated costs are seen moving to $0.37 per mile in 2035. More on Tesla Tesla: Priced For Perfection In An Imperfect Reality Tesla Has Just Shared Game-Changing News (Rating Upgrade) Tesla's Future Bets Are Expensive Dreams Chinese EV makers look to gain ground in North America amid the tariff backdrop Samsung will make Tesla chips at Texas pl...
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) is starting to stretch the upper bound of its AI opportunity, and management is signaling that earlier projections may only tell part of the story. Speaking at a company event in San Jose, Chief Executive Officer Jensen Huang said the previously outlined $1 trillion revenue opportunity tied to AI chips does not fully include the compan...
This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) is starting to stretch the upper bound of its AI opportunity, and management is signaling that earlier projections may only tell part of the story. Speaking at a company event in San Jose, Chief Executive Officer Jensen Huang said the previously outlined $1 trillion revenue opportunity tied to AI chips does not fully include the company's broader product portfolio. Huang added that Nvidia expects to close, book and ship more than $1 trillion in business, emphasizing strong confidence of $1 trillion-plus as the company expands into adjacent markets. The comments come just a day after Huang said Nvidia's flagship AI processors could help generate $1 trillion in sales through 2027, driven by what he described as a 1 million times increase in computing demand over the past two years. Shares rose as much as 4.8% following that projection before giving back gains, suggesting investors may be balancing the scale of demand against the pace of growth. The latest outlook effectively extends Nvidia's prior forecast of $500 billion in data center revenue through 2026 by one additional year, doubling the cumulative total, though some market participants have questioned whether the updated timeline implies acceleration or simply a longer horizon. At the same time, Nvidia is broadening its strategic push. Huang outlined plans to move deeper into central processing units, a segment long associated with Intel, while also introducing semiconductors built with technology acquired from startup Groq and exploring chips designed for data centers in outer space. On capital allocation, Chief Financial Officer Colette Kress said the company plans to increase investor returns in the second half of the year, potentially directing about 50% of free cash flow toward buybacks and dividends once investment commitments are completed, a shift that could influence how investors frame Nvidia's next phase.
Earnings Call Insights: Tecogen Inc. (TGEN) Q4 2025 Management View CEO Abinand Rangesh highlighted "significant forward momentum with the Vertiv relationship," sharing that Vertiv is designing or in the process of designing between 25 and 50 megawatts of Tecogen chillers into various projects, equivalent to 50 to 100 of the company's 150-ton dual power source air-cooled chillers. Management repor...
Earnings Call Insights: Tecogen Inc. (TGEN) Q4 2025 Management View CEO Abinand Rangesh highlighted "significant forward momentum with the Vertiv relationship," sharing that Vertiv is designing or in the process of designing between 25 and 50 megawatts of Tecogen chillers into various projects, equivalent to 50 to 100 of the company's 150-ton dual power source air-cooled chillers. Management reported the negotiation of a master partnership agreement with Vertiv, aiming to expand on the prior marketing agreement and discussing the integration of Tecogen's hybrid drive technology. "We have secured a demonstration project with Vertiv...expected to ship sometime toward the end of Q2 for 1 megawatt of cooling or 2x our 150-ton dual power source chillers," stated CEO Rangesh. Rangesh detailed a robust data center opportunity pipeline, identifying multiple projects at advanced stages—one involving expansion for an existing data center, another in final tenant negotiations, and a demonstration project with an established data center owner for up to 40 chillers. The company expects order activity to align with tenants' operational timelines, suggesting equipment orders no later than Q2 or Q3 for 2027 openings. The company has expanded manufacturing throughput, qualified vendors for sheet metal, refrigeration, and electrical assemblies, and is building inventory to handle a potential step-change in order volume. Regarding cash position, "Our current cash position is $10 million. By Q2, we plan to cut the cash burn down substantially," said CEO Rangesh. "From 2023 to mid-2025, we managed with $2 million of cash, including a factory move." CFO Roger Deschenes stated, "Our revenues for the quarter decreased by $800,000 in the fourth quarter to $5.3 million, which compares to $6.1 million in the fourth quarter of 2024. And this is due to the decrease in product shipments and a reduction in Energy Production revenue." Outlook Management expects the Vertiv demonstration project to ...
Earnings Call Insights: Star Equity Holdings (STRR) Q4 2025 Management View Jeffrey Eberwein, CEO, highlighted "positive momentum and improvement over the prior year quarter, largely attributable to the addition of Building Solutions and Energy Services divisions, which were added in August 2025." He stated that revenue grew 69%, gross profit increased 38%, and adjusted EBITDA grew 156% to $2.2 mi...
Earnings Call Insights: Star Equity Holdings (STRR) Q4 2025 Management View Jeffrey Eberwein, CEO, highlighted "positive momentum and improvement over the prior year quarter, largely attributable to the addition of Building Solutions and Energy Services divisions, which were added in August 2025." He stated that revenue grew 69%, gross profit increased 38%, and adjusted EBITDA grew 156% to $2.2 million compared to Q4 2024. For the full year, adjusted EBITDA rose from $0.9 million to $4.2 million, and on a pro forma basis, full year revenue reached approximately $225 million with adjusted EBITDA of $12.6 million. The company ended the year with $13.4 million in cash and $215 million of usable NOL carryforwards. Jacob Zabkowicz, Global CEO of Hudson RPO Holdings LLC, reported that the Business Services segment "delivered another strong quarter, demonstrating solid performance despite a challenging macroeconomic landscape." Full year gross profit increased 2% compared to 2024, with regional gains in APAC and the Americas, though EMEA gross profit declined 18.7%. Zabkowicz emphasized investments in digital transformation, leveraging Agentic AI and automation: "By expanding our digital ecosystem and strengthening our enterprise capabilities, we are delivering more innovative and efficient, cost-effective talent solutions at scale." Richard Coleman, President & COO, said, "Residential and commercial building demand were relatively soft throughout the year but our Building Solutions segment delivered strong results, including significantly higher sales and profitability." Q4 Building Solutions revenue was $18 million, gross profit $4.6 million, and adjusted EBITDA $1.9 million. Energy Services revenue was $3.6 million, gross profit $1.6 million, and adjusted EBITDA $0.9 million. Coleman discussed a "strategy of project selectivity and disciplined execution" and plans to deepen presence in core and new markets. Outlook Coleman noted, "For 2026, we expect the U.S. home const...
In trading on Wednesday, the Roundhill Generative AI & Technology ETF is outperforming other ETFs, up about 1.7% on the day. Components of that ETF showing particular strength include shares of Lumentum Holdings, up about 9.6% and shares of Coherent, up about 6.5% on the day. And underperforming other ETFs today is the Amplify Junior Silver Miners ETF, off about 5.3% in Wednesday afternoon trading...
In trading on Wednesday, the Roundhill Generative AI & Technology ETF is outperforming other ETFs, up about 1.7% on the day. Components of that ETF showing particular strength include shares of Lumentum Holdings, up about 9.6% and shares of Coherent, up about 6.5% on the day. And underperforming other ETFs today is the Amplify Junior Silver Miners ETF, off about 5.3% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Hycroft Mining Holding, lower by about 7.8%, and shares of Avino Silver & Gold Mines, lower by about 7.1% on the day. VIDEO: Wednesday's ETF Movers: CHAT, SILJ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(Updated with Truist's commentary). Trust Securities raised its price target on Nvidia (NVDA) to 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.
(Updated with Truist's commentary). Trust Securities raised its price target on Nvidia (NVDA) to 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 US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East and rising energy prices. Fed officials faced a confluence of issues to consider in their meeting this week: soaring oil and gas prices, fluctuating inflation that still remains above the Fed’s target of 2% and a weakened job market that unexpectedly saw 92,000 lo...
The US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East and rising energy prices. Fed officials faced a confluence of issues to consider in their meeting this week: soaring oil and gas prices, fluctuating inflation that still remains above the Fed’s target of 2% and a weakened job market that unexpectedly saw 92,000 losses last month. All but one of the 12 voting members of the committee voted to keep rates at a range of 3.5% to 3.75%, resisting enormous pressure from Donald Trump to lower borrowing costs at the risk of driving up prices in the long term. In a statement, the board noted that “uncertainty about the economic outlook remains elevated” and “implications of developments in the Middle East for the US economy are uncertain”. The Fed’s decision comes as the US and Israel approach their third week of war with Iran, forcing central banks across the world to decide how to weigh skyrocketing gas prices and its impact on the global supply chain. “In many ways, an energy shock is a central banker’s nightmare as it creates tension between a shaky labor market and rising inflation,” Joe Brusuelas, chief economist at RSM, said on Tuesday, ahead of the Fed’s decision. “While [the Fed] can take action to address a financial crisis by printing money and injecting liquidity into the financial system, it cannot print oil.” The Bank of England’s monetary policy committee is also expected to hold interest rates on Thursday amid the global economic uncertainty. Trump said rising oil prices are a “very small price to pay” to achieve his goals in Iran and are a boon to American oil producers who stand to make “a lot of money” from increased demand. It’s the same defiant stance he’s taken on the impact his tariffs have had on the global economy. US inflation swung from 2.3% last April up to 3% in September, before going back down to 2.4% at the start of this year. Economists have also noted the lab...
Available for over a year Donald Trump’s fight with US media has entered a new chapter since the start of the US-Israel war with Iran. The president has taken issue with Wall Street Journal reporting on an Iranian attack against US tankers in Saudi Arabia, while going as far to accuse the “Fake News Media” of working with Iran to circulate AI-generated videos of the USS Abraham Lincoln in flames. ...
Available for over a year Donald Trump’s fight with US media has entered a new chapter since the start of the US-Israel war with Iran. The president has taken issue with Wall Street Journal reporting on an Iranian attack against US tankers in Saudi Arabia, while going as far to accuse the “Fake News Media” of working with Iran to circulate AI-generated videos of the USS Abraham Lincoln in flames. Until now the president has largely used the courts in his fight with the press, but he’s now considering revoking broadcast licences with the help of the Federal Communications Commission run by close ally Brendan Carr. It remains to be seen whether the administration would be prepared to follow through on its threats to broadcasters, but could it have a chilling effect on journalists covering the war, some of whom have already been banned from the Pentagon by Defence Secretary Pete Hegseth? And, top counterterrorism official Joe Kent has resigned from the Trump administration over the war with Iran, urging the president to “reverse course”. Who is Joe Kent, and what’s the real story behind his resignation? HOSTS: • Justin Webb, Radio 4 presenter • Anthony Zurcher, North America Correspondent GET IN TOUCH: • Join our online community: https://discord.gg/qSrxqNcmRB • Send us a message or voice note via WhatsApp to +44 330 123 9480 • Email Americast@bbc.co.uk • Or use #Americast This episode was made by George Dabby with Alix Pickles. The technical producer was James Piper. The series producer is Purvee Pattni. The senior news editor is Sam Bonham. If you want to be notified every time we publish a new episode, please subscribe to us on BBC Sounds by hitting the subscribe button on the app. You can now listen to Americast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Americast”. It works on most smart speakers. US Election Unspun: Sign up for Anthony’s BBC newsletter: https://www.bbc.co.uk/news/world-us-canada-68093155 Americast is part of the B...
On 3/20/26, TPG RE Finance Trust Inc's 5.75% Ser E Cumul Redeemable Perp Preference Shares (Symbol: TRTX.PRC) will trade ex-dividend, for its quarterly dividend of $0.3906, payable on 3/31/26. As a percentage of TRTX.PRC's recent share price of $18.91, this dividend works out to approximately 2.07%, so look for shares of TRTX.PRC to trade 2.07% lower — all else being equal — when TRTX.PRC shares o...
On 3/20/26, TPG RE Finance Trust Inc's 5.75% Ser E Cumul Redeemable Perp Preference Shares (Symbol: TRTX.PRC) will trade ex-dividend, for its quarterly dividend of $0.3906, payable on 3/31/26. As a percentage of TRTX.PRC's recent share price of $18.91, this dividend works out to approximately 2.07%, so look for shares of TRTX.PRC to trade 2.07% lower — all else being equal — when TRTX.PRC shares open for trading on 3/20/26. On an annualized basis, the current yield is approximately 8.25%, which compares to an average yield of 8.09% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of TRTX.PRC shares, versus TRTX: Below is a dividend history chart for TRTX.PRC, showing historical dividends prior to the most recent $0.3906 on TPG RE Finance Trust Inc's 5.75% Ser E Cumul Redeemable Perp Preference Shares: According to the ETF Finder at ETF Channel, TPG RE Finance Trust Inc (Symbol: TRTX) makes up 3.07% of the Global X SuperDividend REIT ETF (SRET) which is trading lower by about 0.2% on the day Wednesday. (see other ETFs holding TRTX). In Wednesday trading, TPG RE Finance Trust Inc's 5.75% Ser E Cumul Redeemable Perp Preference Shares (Symbol: TRTX.PRC) is currently down about 0.1% on the day, while the common shares (Symbol: TRTX) are off about 0.6%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
This article first appeared on GuruFocus. Tencent's (TCEHY) latest AI push is beginning to shift investor positioning in China's tech race, even as Alibaba (NYSE:BABA) continues to lead in large language model development and open-source adoption. Over the past week, Tencent rolled out agentic AI products including QClaw and WorkBuddy, targeting growing demand for tools that can execute real-world...
This article first appeared on GuruFocus. Tencent's (TCEHY) latest AI push is beginning to shift investor positioning in China's tech race, even as Alibaba (NYSE:BABA) continues to lead in large language model development and open-source adoption. Over the past week, Tencent rolled out agentic AI products including QClaw and WorkBuddy, targeting growing demand for tools that can execute real-world tasks. The company is also working to integrate similar capabilities into WeChat, leveraging its 1.4 billion-user ecosystem across messaging, payments, and services, with a potential launch as soon as next month depending on computing constraints. Market reaction is starting to follow. Tencent shares have risen about 4.7% since the rollout of its agentic AI services, putting the stock on track for its strongest monthly performance relative to Alibaba in two years. The move has added roughly $30 billion in market value, ranking among the largest gains across Chinese firms over that stretch. Investors appear to be reassessing Tencent's positioning as its platform-level integration strategy gains traction, particularly given WeChat's reach across user data and daily digital activity. Alibaba, meanwhile, remains competitive on the technology front but is facing execution questions. Its Qwen models continue to rank alongside leading global systems and are driving adoption in the open-source community, while also powering its consumer-facing applications tied to e-commerce. However, the recent departure of a key developer and reported internal tensions between research and cloud teams have raised concerns. The company has since unveiled a broader restructuring aimed at sharpening its focus on AI profitability, as both firms continue to invest heavily in a market where competition has included an estimated 8 billion yuan in promotional spending during the Lunar New Year period.