Arctic's $1,400 AMD Strix Point fanless mini-PC hides under your desk — Senza AI 370 features Ryzen AI 9 HX 370 CPU, 32GB RAM, and 1TB SSD Tom's Hardware
Arctic's $1,400 AMD Strix Point fanless mini-PC hides under your desk — Senza AI 370 features Ryzen AI 9 HX 370 CPU, 32GB RAM, and 1TB SSD Tom's Hardware
Tricolor Holdings founder Daniel Chu is set to go on trial in October on charges that he defrauded the used-car dealer’s banks and investors before the company collapsed last year. Chu and former Tricolor Chief Operating Officer David Goodgame were given an Oct. 19 trial date by US District Judge Kevin Castel during a Thursday conference in the case. Manhattan federal prosecutors charged them in S...
Tricolor Holdings founder Daniel Chu is set to go on trial in October on charges that he defrauded the used-car dealer’s banks and investors before the company collapsed last year. Chu and former Tricolor Chief Operating Officer David Goodgame were given an Oct. 19 trial date by US District Judge Kevin Castel during a Thursday conference in the case. Manhattan federal prosecutors charged them in September with operating the company through “systemic fraud.” Both have pleaded not guilty. Prosecutors claim that Tricolor executives acting at Chu’s direction repeatedly defrauded banks through schemes including “double-pledging” auto loan collateral and manipulating descriptions of the loans. They also said Tricolor classified assets pledged for collateral to make “near-worthless” assets appear to meet lenders’ requirements. JPMorgan Chase & Co. , Barclays Plc and Fifth Third Bancorp. have said they are facing hundreds of millions of dollars in losses from Tricolor, which filed for bankruptcy in September after shutting down more than 60 locations across the US Southwest. Two other former Tricolor executives, Jerome Kollar and Ameryn Seibold, have pleaded guilty in the case and are cooperating with the government. The case is US v. Chu, 25-cr-00579, US District Court, Southern District of New York.
Image source: The Motley Fool. Thursday, March 19, 2026 at 4:30 p.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Peter Warwick Chief Financial Officer and Executive Vice President — Haji Glover President, Scholastic Education Solutions; Chief Growth Officer — Jeffrey Mathews TAKEAWAYS Sale-Leaseback Proceeds -- Over $400 million in net proceeds generated by the completed sale-leas...
Image source: The Motley Fool. Thursday, March 19, 2026 at 4:30 p.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Peter Warwick Chief Financial Officer and Executive Vice President — Haji Glover President, Scholastic Education Solutions; Chief Growth Officer — Jeffrey Mathews TAKEAWAYS Sale-Leaseback Proceeds -- Over $400 million in net proceeds generated by the completed sale-leaseback of major facilities, optimizing the balance sheet. -- Over $400 million in net proceeds generated by the completed sale-leaseback of major facilities, optimizing the balance sheet. Share Repurchase Actions -- $147 million returned to shareholders through repurchasing more than 4,400,000 shares at an average price of $33.30 per share since December; nearly exhausting the $150 million authorization. -- $147 million returned to shareholders through repurchasing more than 4,400,000 shares at an average price of $33.30 per share since December; nearly exhausting the $150 million authorization. New Share Repurchase Authorization -- A $300 million share buyback program was announced, including a $200 million modified Dutch auction tender offer at $36 to $40 per share, representing about 25% of shares outstanding if fully executed; $100 million reserved for open-market repurchases. -- A $300 million share buyback program was announced, including a $200 million modified Dutch auction tender offer at $36 to $40 per share, representing about 25% of shares outstanding if fully executed; $100 million reserved for open-market repurchases. Consolidated Revenue -- $329.1 million reported, down from $335.4 million, mainly due to the timing of key publishing releases and year-to-date softness in Education. -- $329.1 million reported, down from $335.4 million, mainly due to the timing of key publishing releases and year-to-date softness in Education. Adjusted Operating Loss -- $24.3 million compared to $20.9 million, with the partial-year sale-leaseback impact accounting for $3 million;...
宏福苑聽證會|着宏業測試發泡膠板「條片唔好咁流」 徐滿柑:意思係拍晒成個流程 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】前法團主席徐滿柑出席聽證會後說有要求「宏業」訂購新一批更阻燃的發泡膠板,又指「片段不要太...
宏福苑聽證會|着宏業測試發泡膠板「條片唔好咁流」 徐滿柑:意思係拍晒成個流程 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】前法團主席徐滿柑出席聽證會後說有要求「宏業」訂購新一批更阻燃的發泡膠板,又指「片段不要太假」意思是要認真拍攝測試過程。徐滿柑:「我們是將片段放上宏福苑的頻道,大家開電視便會循環播放。我們想將片段放上去,因為拍攝得太假的話,即意思是拍得太隨便讓居民看便不好,正正式式將發泡膠燃點,拍攝整個流程就可以給予居民信心。新買的第二批發泡膠板阻燃性會高一點。」
入境處打擊非法勞工拘25人 多涉飲食、清潔行業 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】入境處打擊非法勞工,拘捕25人。 被捕非法勞工來自內地、印尼等地,主要從事飲食及清潔服務,當中有人已工作逾半年,日薪由...
入境處打擊非法勞工拘25人 多涉飲食、清潔行業 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】入境處打擊非法勞工,拘捕25人。 被捕非法勞工來自內地、印尼等地,主要從事飲食及清潔服務,當中有人已工作逾半年,日薪由200至600元,全部現金出糧,藉此逃避執法部門搜證。入境處搜查全港23處地點,包括酒樓、餐廳、清潔公司,拘捕6男13女「黑工」及6名本地僱主,其中5名「黑工」已被落案,判處入獄51日至14個月不等。
涉詐騙百分百擔保貸款助查後離開 潘焯鴻:警方未落案起訴 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】口罩商涉嫌新冠疫情期間詐騙600萬百分百擔保貸款,公司董事潘焯鴻助查後離開。 潘焯鴻在九龍城警署逗留逾40小時...
涉詐騙百分百擔保貸款助查後離開 潘焯鴻:警方未落案起訴 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】口罩商涉嫌新冠疫情期間詐騙600萬百分百擔保貸款,公司董事潘焯鴻助查後離開。 潘焯鴻在九龍城警署逗留逾40小時後離開,他指警方目前未有就事件落案起訴他。警方早前接報有口罩商於2021年提交虛假銷售額,誇大薪金紀錄,向滙豐銀行申請百分百擔保貸款,騙取600萬港元。
Is inflation about to rise? Amid geopolitical tensions, soaring oil prices, and persistent tariffs, many analysts and government officials are worried inflation will spike. This concerns investors, too. The relationship between inflation and equity markets is complex, but generally, stocks tend not to perform as well when prices rise, as this also leads to higher business expenses, lower consumer ...
Is inflation about to rise? Amid geopolitical tensions, soaring oil prices, and persistent tariffs, many analysts and government officials are worried inflation will spike. This concerns investors, too. The relationship between inflation and equity markets is complex, but generally, stocks tend not to perform as well when prices rise, as this also leads to higher business expenses, lower consumer activity, among other problems. Thankfully, some corporations can do just fine -- or even better than fine -- even in such environments. One of them is Visa (V +0.29%). And not only is the financial services specialist a great stock to have in your portfolio when inflation rises, but it is also an excellent buy-and-hold forever option. Let me explain. Visa's business can handle inflation Visa makes money by facilitating credit and debit card transactions through its payment network. The company charges a fee for each transaction -- as a percentage of it -- that runs through its system. As prices rise for any reason, even if Visa's fees remain the same, the total dollar amount it pockets for its services increases. So, in a way, the company benefits from inflation. True, a price rise may also harm the business by dampening consumer spending and leading to fewer transactions overall. These two forces somewhat offset one another, but Visa should still perform better than most in an inflationary period. As the company's former CEO, Al Kelly, once said: "Historically, inflation has been positive for us." But Visa isn't worth investing in just because of this aspect of its business. The company leads its niche of the financial services industry, benefits from a wide moat due to network effects, and still has a massive addressable market to tap into. Visa estimates that there are still trillions in cash and check (and other types of) transactions that can be brought into its ecosystem. Expand NYSE : V Visa Today's Change ( 0.29 %) $ 0.86 Current Price $ 299.88 Key Data Points Mark...
Key Points Visa's business can actually benefit from inflation. The company has a massive addressable market and a fantastic dividend track record. 10 stocks we like better than Visa › Is inflation about to rise? Amid geopolitical tensions, soaring oil prices, and persistent tariffs, many analysts and government officials are worried inflation will spike. This concerns investors, too. The relation...
Key Points Visa's business can actually benefit from inflation. The company has a massive addressable market and a fantastic dividend track record. 10 stocks we like better than Visa › Is inflation about to rise? Amid geopolitical tensions, soaring oil prices, and persistent tariffs, many analysts and government officials are worried inflation will spike. This concerns investors, too. The relationship between inflation and equity markets is complex, but generally, stocks tend not to perform as well when prices rise, as this also leads to higher business expenses, lower consumer activity, among other problems. Thankfully, some corporations can do just fine -- or even better than fine -- even in such environments. One of them is Visa (NYSE: V). And not only is the financial services specialist a great stock to have in your portfolio when inflation rises, but it is also an excellent buy-and-hold forever option. Let me explain. 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 » Visa's business can handle inflation Visa makes money by facilitating credit and debit card transactions through its payment network. The company charges a fee for each transaction -- as a percentage of it -- that runs through its system. As prices rise for any reason, even if Visa's fees remain the same, the total dollar amount it pockets for its services increases. So, in a way, the company benefits from inflation. True, a price rise may also harm the business by dampening consumer spending and leading to fewer transactions overall. These two forces somewhat offset one another, but Visa should still perform better than most in an inflationary period. As the company's former CEO, Al Kelly, once said: "Historically, inflation has been positive for us." But Visa isn't worth investing in just because of this aspect of its business. ...
Iran’s latest attack on Qatar, which severely damaged the world’s largest liquefied natural gas export facility, will cost the country’s state energy company about $20 billion of lost revenue. The missile strikes on Ras Laffan Industrial City damaged QatarEnergy’s Trains 4 and 6, which represent a combined 12.8 million tons of annual production capacity, the company said in a statement Thursday. T...
Iran’s latest attack on Qatar, which severely damaged the world’s largest liquefied natural gas export facility, will cost the country’s state energy company about $20 billion of lost revenue. The missile strikes on Ras Laffan Industrial City damaged QatarEnergy’s Trains 4 and 6, which represent a combined 12.8 million tons of annual production capacity, the company said in a statement Thursday. That accounts for about 17% of Qatar’s annual LNG exports. Repairs will take up to five years to complete. The LNG plant had already halted production after a previous drone strike. But the latest assault was more devastating, and a lengthy shutdown will leave buyers — particularly in Asia — scrambling to make up millions of tons of lost supply. “The impact is on China, South Korea, Italy and Belgium,” Chief Executive Officer Saad al-Kaabi said in the statement. “This means that we will be compelled to declare force majeure for up to five years on some long-term LNG contracts.” The incident marked yet another escalation in hostilities in the region and followed a string of attacks targeting oil and gas infrastructure in recent days. It also sent natural gas prices soaring, with European futures rising as much as 35% on Thursday to more than double their prewar levels. The surge underscores the long-term inflationary risks from the conflict in the Middle East, which is now well into its third week. Ras Laffan’s Trains 4 and 6 are both joint ventures with Exxon Mobil Corp. The attacks also targeted the adjacent Pearl gas-to-liquids facility, which is operated by by Shell Plc and converts natural gas into engine oils, paraffins and waxes. Damage there is still being assessed and the plant is expected to be offline for at least one year, al-Kaabi said. A spokesperson from South Korea’s Ministry of Trade, Industry and Resources said that, while they are closely monitoring uncertainties in the global LNG market, the country currently has no issues with gas supply. Qatar has only a...
CIBC Private Wealth Senior Energy trader Rebecca Babin discusses the market volatility caused by the ongoing conflict in Iran, and the opportunity to limit the 'economic scarring' if the war is resolved within the next few weeks. She talks with Katie Greifeld and Romaine Bostick on "The Close." (Source: Bloomberg)
CIBC Private Wealth Senior Energy trader Rebecca Babin discusses the market volatility caused by the ongoing conflict in Iran, and the opportunity to limit the 'economic scarring' if the war is resolved within the next few weeks. She talks with Katie Greifeld and Romaine Bostick on "The Close." (Source: Bloomberg)
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up here . Today was a bad day for the metals market. After soaring to nearly $5,600 at the end of January, gold has tumbled about 12% since the Iran war began. There are two forces working against the metal: fears of war-induced inflation are ma...
Welcome back to Canada Daily, the newsletter on business, economics and politics from Vancouver to Montreal and beyond. If this was forwarded to you, sign up here . Today was a bad day for the metals market. After soaring to nearly $5,600 at the end of January, gold has tumbled about 12% since the Iran war began. There are two forces working against the metal: fears of war-induced inflation are making rate cuts less likely (not good for an asset that doesn’t pay interest) and a strengthening US dollar (which has an inverse relationship with gold). Today gold fell for a seventh straight session, its longest losing streak since 2023. And it wasn’t just precious metals. Aluminum on the London Metal Exchange plunged, settling down 4.4% in the biggest drop in more than six weeks. Copper also fell another 2% in its third day of declines. The drops are a big reason why the S&P/TSX Composite Index, which is heavily tilted toward metals, briefly gave up its 2026 gains today. While it closed about 150 points above that level, it was still the lowest since Dec. 31. Gold miners constitute 13% of the Canadian stocks gauge — a bigger proportion than financials on the S&P 500. The bias toward gold producers helped propel the Toronto index to record after record last year, but 2026’s dynamics haven’t been as kind. “The phrase ‘live by the sword, die by the sword’ comes to mind,” IG Wealth Management’s Philip Petursson said. Also in this newsletter: BMO ramps up its US expansion , Power Corp. says it’s a good time to buy , and the controversy over the Olympic game-winning puck . The following was produced with the assistance of Bloomberg Automation. Top stories Colt Canada will supply as many as 65,000 assault rifles to the Canadian Armed Forces, helping to replenish an aging arsenal. The deal involves buying 30,000 new general service rifles over three years, worth an estimated C$307 million ($223 million), with an option to purchase more. The agreement illustrates Canada’s new urg...
Sheila Kahyaoglu, Managing Director in Equity Research at Jeffries says Department of Defense officials say missiles are the biggest growth area for the defense market. The Pentagon has asked for an additional $200 billion from Congress to pay for the war against Iran, a person familiar with the matter said, as Defense Secretary Pete Hegseth argued that the campaign was ahead of schedule and dispu...
Sheila Kahyaoglu, Managing Director in Equity Research at Jeffries says Department of Defense officials say missiles are the biggest growth area for the defense market. The Pentagon has asked for an additional $200 billion from Congress to pay for the war against Iran, a person familiar with the matter said, as Defense Secretary Pete Hegseth argued that the campaign was ahead of schedule and disputed that the US was getting embroiled in a quagmire. The person, who asked not to be identified discussing private deliberations, said that the request has been sent to the White House for review and President Donald Trump has yet to sign off. Asked about the figure on Thursday, Hegseth didn’t deny it but said the number could move. (Source: Bloomberg)
Good morning . Stocks, bonds pare losses on renewed hopes for the Strait of Hormuz opening back up. Hong Kong’s billionaire Cheng family has a new plan. And the CEO of a company under scrutiny from the US government applies for the president’s gold card. Listen to the day’s top stories . Market Snapshot S&P 500 6,606.49 -0.3% Brent Futures $107.76 +0.4% Gold Spot $4,651.92 +0.0% Market data as of ...
Good morning . Stocks, bonds pare losses on renewed hopes for the Strait of Hormuz opening back up. Hong Kong’s billionaire Cheng family has a new plan. And the CEO of a company under scrutiny from the US government applies for the president’s gold card. Listen to the day’s top stories . Market Snapshot S&P 500 6,606.49 -0.3% Brent Futures $107.76 +0.4% Gold Spot $4,651.92 +0.0% Market data as of 05:07 PM ET. Data is subject to provider delays. Iran stepped up attacks on energy assets across the Middle East after Donald Trump called for restraint. Strikes on key oil and gas infrastructure led to a surge in oil prices before crude futures pared gains as investors weighed comments from the US leader and signs of progress in reopening the Strait of Hormuz. Stocks and bonds recovered from their intraday lows while metals tumbled , with aluminum sliding the most since 2022 and gold and silver declining. BYD Showrooms Are Bustling Across Asia After Iran Oil Shock Read more The summit between Japanese Prime Minister Sanae Takaichi and Trump went about as well as could be expected, but it remains unclear to what degree Tokyo is planning to get involved in the conflict in the Middle East. While the US president praised Japan for supporting the war effort, things got a bit awkward when he invoked Pearl Harbor to defend why allies weren’t warned ahead of strikes on the Islamic Republic. Trump also suggested his postponed meeting with Xi Jinping would take place in mid-May . China’s government spending is off to its fastest start since 2022 , likely an effort to fortify the economy in the face of rising external uncertainty. Fiscal stimulus has moved to the forefront of efforts to encourage consumer spending, as rate cuts from the central bank fail to ignite demand for credit. Alibaba aims to offset a plateauing of its once pre-eminent e-commerce empire by quintupling cloud and artificial intelligence revenue to $100 billion annually in five years. Chief Executive Officer Eddie...
By Stephen Nellis SAN FRANCISCO, March 19 (Reuters) - Nvidia will sell 1 million of its graphics processing unit chips, along with a host of the AI giant's other offerings, to Amazon.com's cloud computing unit by 2027, a Nvidia executive told Reuters on Thursday. Nvidia and Amazon Web Services said this week that AWS had reached a deal to buy its 1 million GPUs but had not disclosed the precise...
By Stephen Nellis SAN FRANCISCO, March 19 (Reuters) - Nvidia will sell 1 million of its graphics processing unit chips, along with a host of the AI giant's other offerings, to Amazon.com's cloud computing unit by 2027, a Nvidia executive told Reuters on Thursday. Nvidia and Amazon Web Services said this week that AWS had reached a deal to buy its 1 million GPUs but had not disclosed the precise timing of the deal. Ian Buck, vice president of hyperscale and high-performance computing at Nvidia, told Reuters on Thursday that the sales would start this year and extend through 2027. That is the same time frame through which Nvidia CEO Jensen Huang said the company sees an overall sales opportunity of $1 trillion for its Rubin and Blackwell families of chips. Nvidia and Amazon did not disclose the financial terms of their deal. But Buck told Reuters the transaction contains a broad mix of Nvidia chips beyond the 1 million GPUs, including Nvidia's Spectrum networking chips and the Groq chips that Nvidia released this week after its $17 billion licensing deal with an AI chip startup late last year. In particular, AWS plans to use a combination of Nvidia's Groq chips, along with six others from Nvidia, for more efficient inference, the name for the process by which AI systems generate answers and carry out tasks on behalf of users. "Inference is hard. It's wickedly hard," Buck told Reuters. "To be the best at inference, it is not a one chip pony. We actually use all seven chips." The deal also includes putting Nvidia's Connect X and Spectrum X networking gear in AWS data centers. That move is significant because AWS data centers use custom networking equipment that AWS has spent years perfecting. "They're still going to do that, of course," Buck said. "But we are collaborating now on deploying Connect X and Spectrum X for those important workloads and biggest customers across AI with AWS." (Reporting by Stephen Nellis in San Francisco; Editing by David ...