Arm increasingly benefits from central processing units that are becoming “indispensable” in AI data centers.

Bond traders are scrambling for a new strategy after the oil-driven inflation shock triggered by the war in Iran scuppered the popular bet on further interest-rate cuts from the Federal Reserve. The trade suffered a total blowout this week as warnings from key central banks that the surge in crude could spark an inflation shock sent short-maturity yields soaring, and as traders fully erased expectations for further Fed easing in 2026. By Friday, with global benchmark oil prices holding around the highest since 2022 , the sentiment had flipped to such a degree that traders even saw a 50% chance of a Fed rate hike by October. “As long as the war is in escalation mode and not de-escalation mode, the market will be more worried about inflation than growth, and reasonably so given recent history of supply shocks,” said John Briggs , head of US rates strategy at Natixis North America. “It is a good time to head for the sidelines to re-evaluate when the dust settles,” he said. Figuring out what to do next involves somehow trying to predict the trajectory of the war and oil and the impact on economic growth and inflation. That’s a tall task with the hostilities showing little sign of easing . Briggs was among Wall Street strategists caught by surprise by the relentless bond selloff, which pushed Treasury yields to the highest in months. Two-year rates eclipsed 3.75% this week, the upper end of Fed officials’ target range for overnight interest rates. They approached 3.9% on Friday — the highest since July on a closing basis. Not since 2023, when the central bank was still lifting rates, has the two-year yield risen so much above the Fed’s rate ceiling. On Friday, five-year yields surpassed 4% for the first time since July, while the 10-year climbed to 4.39%, the highest since August. Briggs closed several recommendations that he entered earlier this month on the view that a drawn-out conflict would weigh on the economy and keep Fed cuts on the table. One was a bet that the ...

唐纳德・特朗普总统多次承诺，得益于他那项 “宏大、美好的法案”，美国人今年将获得更高的退税。 但如今，他对伊朗发动的战争 —— 以及由此引发的油价飙升 —— 可能会让许多人的这笔意外之财大幅缩水，具体影响程度取决于中东冲突的持续时间。 可以肯定的是，得益于特朗普国内议程一揽子计划中的大规模减税政策，许多纳税人今年正享受着更丰厚的退税。这些政策包括提高标准扣除额、取消小费和加班费的征税，以及增加老年人的扣除额度。 根据美国国税局截至 3 月 6 日的最新数据，今年的平均退税额比去年高出约 350 美元，增幅近 11%。右翼智库税务基金会负责联邦税收政策的副总裁埃丽卡・约克表示，这一数字在 4 月 15 日报税季结束前可能会有所变化，但通常在 2 月下旬后，退税额就会趋于稳定。 美国国税局局长弗兰克・比西尼亚诺在 3 月 4 日的国会听证会上称，申请老年人、小费收入、加班费和车贷利息新增扣除项的纳税人，平均退税额增加了 775 美元。预计到报税季结束时，这一数字将升至 1000 美元。 然而，这笔额外收入到来之际，许多人正承受着加油站的更大压力。全美汽油均价已飙升至 3.91 美元，自 2 月 28 日美以对伊朗开战以来，每加仑上涨了 93 美分。 “如果你多拿到 300、500 美元的退税，但这笔钱转眼就要用来支付更高的油价和其他所有商品的涨价 —— 因为汽油和石油价格会影响一切 —— 那么你可能并不会觉得自己更宽裕了，” 约克表示。 她继续说道：“退税带来的缓解，可能无法产生共和党人和特朗普所期望的政治红利。” 多花 45 亿美元油费 过去三周，油价迅速攀升。伊朗与阿曼之间的霍尔木兹海峡实际上已被封锁，切断了全球 20% 的石油供应，推动油价暴涨。目前尚不清楚这场战争 —— 以及对中东能源枢纽的袭击 —— 何时会结束。 在线油价追踪机构 GasBuddy 的石油分析主管帕特里克・德哈恩表示，拥有两辆车的家庭，每周在汽油上的支出比冲突爆发前平均多 20 至 40 美元。 从整体来看，这一数字令人震惊。德哈恩估计，自 2 月 28 日油价飙升以来，美国司机在加油上已多花了近 45 亿美元。 “这笔钱原本可以流入经济的其他领域，但美国人却把它花在了加油站，” 他说。 穆迪分析公司高级总监斯科特・霍伊特表示，如果油价突破每加仑 4 美元并维持六个月，普通家庭在此期间的燃油支...

Douglas Rissing/iStock via Getty Images The Federal Reserve added $124.1 billion to its securities portfolio from November 26, 2025, to March 18, 2026. The round of “quantitative tightening” ended around December 1, 2025, and a new round of “quantitative easing” began. Since the banking week just before December 1, 2025, ended on November 26, 2025, this represents the closest thing we have to a “starting date” for collecting data for the “new” period of quantitative easing. This is a fairly sizeable increase in securities held outright by the Fed and includes the three-week time period that can be related to the start of the “war” in the Middle East…in Iran. Again, we can't associate the Fed's data exactly with the start of the “war” because the Fed's statistical week always begins on a Wednesday. So, the closest timing we have to the start of the “war” is the banking week beginning February 25, 2026. Since February 25, 2026, the portfolio of securities held outright at the Federal Reserve has increased by $36.9 billion. Again, this is a fairly sizeable increase for this time period considered. Here is what the chart looks like. Securities Held Outright (Federal Reserve) Just looking at these data, I don't think that one can really say that the Federal Reserve has “picked up” its acquisitions of securities in the past three weeks. It is just this result I am looking for. My feeling has been that one of the reasons that President Trump started the “war” was to get the federal government spending, and spending in a way that the Federal Reserve would need to support these purchases by acquiring a lot of the debt securities created by this added “war” expenditure. I have expressed this idea in my blog post “ The Trump Effort is Finding A Way .” But, whereas I cannot say assuredly that this rise in the Fed's securities holdings appears to support the idea of a “new” Federal Reserve effort to add securities to its portfolio… I think I am safe in saying that the rise in th...

市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。 黄金恐将录得1983年以来最大单周跌幅，现货黄金本周迄今累计跌超9%，势将连续第八个交易日下跌，创2023年10月以来最长连跌；COMEX黄金期货本周已累跌将近10%。中东战争推高能源价格，并削弱了市场对降息的预期。 自美国和以色列上月开始袭击伊朗以来，被普遍视为避险资产的黄金每周都遭遇下跌。金价回落之际，美国国债收益率和美元走强，投资者抛售黄金以弥补其他资产损失，黄金ETF出现资金流出，全球持仓已抹去年初以来全部增量。彭博汇编的数据显示，黄金ETF将连续第三周出现资金流出，期间持仓减少逾60吨。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何意见、观点或结论是否符合其特定状况。据此投资，责任自负。

中东战争推高能源价格，并削弱了市场对降息的预期。自美国和以色列上月开始袭击伊朗以来，被普遍视为避险资产的黄金每周都遭遇下跌。在此期间，美元走强，而由于投资者担心能源价格高企对通胀和全球经济增长的连锁影响，股票和债券均遭到抛售。 本周，黄金录得1983年以来最大单周跌幅，现货黄金本周累计跌超10%，连续第八个交易日下跌，创2023年10月以来最长连跌，COMEX黄金期货本周累计跌超10%： 周五纽约尾盘，现货黄金跌3.25%，报4499.36美元/盎司，本周累计下跌10.37%，此前3月18日北京时间18:30之前持续窄幅纠缠于5000美元整数位心理关口，随后持续走低。 COMEX黄金期货跌2.16%，报4505.70美元/盎司，本周累跌11.07%，3月21日02:30跌至4478.40美元。 在媒体报道称美国正准备可能向伊朗部署地面部队后，美元和债券收益率上涨，黄金跌势加剧。 交易员将到10月美联储加息的押注提高至50%，因为担心旷日持久的冲突可能推升通胀。更高的利率对黄金不利，因为黄金本身不产生利息收益。 有分析师指出，黄金回调反映了获利了结与资金平仓的共同作用，背后是市场对货币政策宽松力度减弱的担忧。黄金价格在5200美元上方时吸引了大量买盘，使市场更容易出现回调。当价格开始下跌时，许多投资者触发了止损位——即价格跌至某一水平自动卖出的指令，从而迅速加剧了抛售。 此外，与股市大跌相关的被动抛售可能也加剧了金价下跌，投资者抛售黄金以弥补其他资产损失。而全球央行买入黄金放缓以及ETF资金流出进一步打压了市场情绪。彭博汇编的数据显示，以黄金为支撑的ETF已连续第三周出现资金流出，期间持仓减少超过60吨。全球持仓已抹去年初以来全部增量。 尽管近期出现回调，今年以来黄金仍上涨约4%。今年1月下旬，金价一度逼近每盎司5600美元的历史高点，受到投资者热情、各国央行买盘以及对美国总统特朗普可能威胁美联储独立性的担忧所支撑。 技术信号方面，尤其是移动平均线，也加大了下行压力。当前黄金下跌使得14日相对强弱指数（RSI）跌破30，这是一个衡量动能的指标，一些交易员将这一水平视为“超卖”。 其他贵金属方面，白银、钯金、铂金、铜均录得周度下跌： 周五纽约尾盘，现货白银跌6.49%，报68.0995美元/盎司，本周累计下跌15.55%，3月18日北京时间19:00以来持续走低，3月1...

Ming Shing Group ( MSW ) announced that its H1 2025 revenue fell 51.6% to $8.4M from $17.4M Y/Y. The company also reported a gross loss of $2.8M in H1 versus a gross profit of $2.4M Y/Y, while net income fell 466.1% to a net loss of $3.6M from $1.0M Y/Y, mainly due to the incurred gross loss. The shares fall 2.4% to $1.23, extending intraday decline. More on Ming Shing Group Holdings Limited Financial information for Ming Shing Group Holdings Limited

Commerzbank CEO tells employees UniCredit talks make sense only after it lays out deal in document Reuters

'Radical' Biden Judge Reverses RFK Jr. On Trans-Child Surgeries, Other Procedures A federal judge deemed ' too radical ' by GOP lawmakers during his confirmation hearings said on Thursday that he will grant a motion by blue states to vacate (reverse) a declaration by HHS Director Robert F. Kennedy Jr. blocking breast removal and other procedures for youths with gender dysphoria. Oregon US District Judge Mustafa Kasubhai , who was appointed by Biden in late 2024 and only confirmed after Senate Democrats invoked cloture on his nomination by a 51-43 vote, said during a hearing that he would soon issue a formal written opinion and an order denying the government's bid to dismiss the states' case, and granting the states' motion for summary judgement, according to court records. Kennedy issued a declaration in late 2025 that "ex-rejecting procedures for children and adolescents are neither safe nor effective as a treatment modality for gender dysphoria, gender incongruence, or other related disorders in minors, and therefore, fail to meet professional recognized standards of health care." This was based on a report by the Department of Health and Human Services which looked at procedures and treatments available for gender dysphoria, and concluded that many of them risk infertility . The Trump administration said that health care providers who perform breast removal and other procedures would be out of compliance with updated standards, while officials also moved to bar hospitals that participate in Medicare or Medicaid from performing the procedures on children. New York and 18 other states immediately sued , claiming that the new rules were illegal, and "amounts to an end-run around the free choice of provider statute because it effectively bars Medicaid beneficiaries from choosing providers that are otherwise qualified, simply because they furnish gender-affirming care to children or adolescents," the states said in their motion for summary judgement. New York Attorne...

FabrikaCr/iStock via Getty Images With the conflict in the Middle East driving volatility, David Sekera, Chief U.S. Market Strategist with Morningstar Research, says markets may be undervalued but will need more clarity before they can rise much higher. Transcript Greg Bonnell: Markets have seen some volatile trading as the conflict in the Middle East continues, but how are stock valuations looking with this uncertain backdrop? Joining us now to discuss is David Sekera, Chief US Market Strategist with Morningstar Research. David, always great to have you back on the show. David Sekera: Greg, good to see you again. Greg Bonnell: We've seen this volatility in stocks. We've got a down day. Some of the sessions, though, have been recovering days. When you take a look at the underlying value of this market right now, are we thinking undervalued-- undervalued for a reason? David Sekera: Yeah, so I'd say-- to start off with the good news anyways is that the US market is trading at about a 9-10% discount to a composite of our fair values. And just as a reminder, how we look at the markets, we do a true bottom-up analysis. Globally, we cover over 1,650 companies, of which over 700 trade on the US stock exchange. And so, we'll put together a composite of the market capitalization of all of those companies and divide that by an intrinsic valuation or composite of our intrinsic valuations to determine that fair value. Now, I have always found over the course of my career, it seems like most market strategists take much more of a top-down approach. They always have some way that they calculate S&P 500 earnings for the year. They put some sort of forward multiple on it. And they always tell you the market's 8-10% undervalued. But in this case, from that bottom-up perspective, it really is trading at that much of a discount today. Now, of course, the bad news is, it is undervalued for a reason. Of course, everybody's very focused on the conflict between the US and Iran right now--...

以色列多地20日拉响防空警报，预警伊朗导弹来袭。以卫生部当天发布的数据显示，截至当天7时，自对伊朗的大规模军事行动开始以来，以色列已有4099人被送医，其中80人仍在院治疗。以色列急救组织“红色大卫盾”说，以色列中部城市雷霍沃特当天有导弹弹片坠落，造成至少两人受伤。还有多人在前往避难场所途中受伤。该组织19日曾通报，自对伊朗发动大规模军事行动以来，以色列已有18人死于袭击。（新华社）

The First Trust Cloud Computing ETF (SKYY), which leans toward large-cap infrastructure names like Oracle (ORCL) and Microsoft (MSFT), has shown recent signs of stabilization. Whether it bounces, collapses further, or starts a new bull market is far from settled. But any time I see a chart like this, that old expression “so you’re saying there’s a chance” comes to mind. Yes, that’s what I’m saying. SKYY is at least trying to bottom, based on the 20-day moving average flipping the switch to “on” (up-trending). However, it is far from a done deal, given just how quick this market is to resume the lashings. The cloud sector is currently defined by a massive divergence: while AI infrastructure spending is hitting record levels, the broader software as a service (SaaS) market is still struggling to prove its valuation. The more speculative side of the cloud industry, represented by the WisdomTree Cloud Computing Fund (WCLD), remains in a deep freeze. This ETF, which focuses on high-growth mid-cap software names, is down roughly more than 20% year-to-date. For WCLD, the bottoming process hasn’t started yet. The fund is still searching for a floor as it grapples with a high price-earnings ratio and a lack of immediate AI-driven revenue. AI infrastructure spending is the massive engine keeping the sector from a total collapse. Gartner predicts that worldwide AI spending will total $2.5 trillion dollars in 2026, a more-than-40% increase year over year. Hyperscalers like Amazon (AMZN), Google (GOOGL), and Microsoft (MSFT) are expected to spend over $600 billion on capital expenditures this year alone, nearly double their 2025 levels. This capital is flowing directly into cloud residency, AI-optimized servers, and GPU infrastructure. For companies like Oracle, which is deeply embedded in this buildout, the bottom appears to have been set in late 2025. This table shows different degrees of frustration that must be felt by cloud investors so far this year. And, the dramatic diff...

The owners of Echelon Data Centres are considering options including selling part or all of their stakes in the Dublin-based company, according to people familiar with the matter. Starwood Capital Group and Echelon founder and chief executive officer Niall Molloy are carrying out a strategic review of the business, the people said, asking not to be identified as the information is private. Deutsche Bank AG and Eastdil Secured LLC are working on the preparations, the people said. The holders could seek a valuation of as much as €4.5 billion ($5.2 billion), they added. The ultimate valuation would depend on the delivery of pipeline projects, some of the people said. A sale process could kick off in the coming weeks, according to the people. Deliberations are ongoing and the owners could decide to keep the asset for longer, they said. Representatives for Echelon, Deutsche Bank, Eastdil and Starwood Capital declined to comment. Headquartered in Dublin, Echelon has a portfolio of data center campuses operating or in development across Europe and North America with capacity in excess of 700 megawatts, its website shows. The company plans to develop an additional 1.5 gigawatts of capacity across new locations over the next five years. In 2024, Starwood Capital invested about $850 million in Echelon through Starwood Opportunity Fund XII and Starwood Real Estate Income Trust Inc. , taking its shareholding to 50%. The deal valued Echelon at about €2.5 billion including debt. The data center operator announced last month that it has closed an initial €1.7 billion loan financing provided by Morgan Stanley . The facility will help Echelon to scale up its development pipeline and grow its portfolio across Ireland, the UK, Spain and Italy.

Astera Labs (NASDAQ: ALAB) is delivering explosive AI-driven growth, but the real story is what's below the surface. I break down how margin pressure, Amazon-linked overhang, and a premium valuation are creating a fascinating, yet risky, bullish setup, and why this conflict could shape the next major move in the stock. Stock prices used were the market prices of March 11, 2026. The video was published on March 17, 2026. Continue reading

Chris Hondros/Getty Images News Goldman Sachs ( GS ) CEO David Solomon said he believes an increase in dealmaking amid a changed regulatory environment coupled with growth in its wealth management division will help the bank exceed its return targets. “Now that there has been a change in the regulatory environment, boards and CEOs feel there is a greater likelihood that they can execute on strategic transactions to expand their scale or improve their competitive position,” Solomon wrote in a shareholder letter, according to Bloomberg . “We are confident in our ability to deliver on our through-the-cycle mid-teens return targets and, in the near term, exceed them,” the letter added. Bloomberg noted that the bank has set return targets of 17% to 19% over the next three to five years for its asset and wealth management business and is looking for ways to grow the division. The letter added that growth will not be a “straight line” due to geopolitical tensions and concerns about the impact of AI, which has fueled market volatility. More on Goldman Sachs Goldman Sachs: Capital Markets Titan At A Discounted Valuation Goldman Sachs Remains A Stock To Hold, Despite Uncertainty In Markets (Downgrade) Goldman Sachs: Excellent Business But Thin Margin Of Safety Not all financials are equal in a credit cycle - BofA Goldman Sachs plans small rounds of layoffs beginning April, shifts job cuts strategy - report

Monty Rakusen/DigitalVision via Getty Images AAR Corporation ( AIR ) stock has gained 13.9% since my last report , outperforming the S&P 500, which lost 4.6%. The stock price actually beat my $120.81 price target, securing a 28% gain before the stock market headed down in response to the war in Iran. AAR will report third-quarter results on the 24 th of March. In this report, I discuss the expectations and highlight the risks and opportunities for AAR following the war in the Middle East. Analysts Expect 20% Growth For AAR Corporation Seeking Alpha For Q3 2026, analysts are expecting revenues of $812.6 million, indicating almost 20% growth in revenues. We note that estimates have been revised up by 7% over the past six months and by almost 3% over the past three months. With three revisions up and zero revisions down. We do note that the company missed analyst estimates on revenues four out of the past 12 quarters, with the last miss being a year ago, driven by the timing of engine maintenance, as the company also highlighted during the Q3 FY25 earnings call : And certain of our customers saw lower-than-expected engine shop inputs from their end users which resulted in lower demand for our material during the quarter on those particular contracts. We expect that to be temporary because these were maintenance deferrals by their end customers and we expect that work to get done later and therefore we'll see the demand later. While demand for maintenance activities is high, occasionally some weak spots can occur due to customer timing. Seeking Alpha Earnings per share are expected to grow 16.8% to $1.16, with analysts having revised estimates up by 5.2% over the past three months but down 1.1% over the past six months. On earnings per share, the company has not missed estimates a single time over the past 12 quarters. In An Aerospace Supercycle Pressure Spots Could Start To Occur My view has generally been that AAR is one of several beneficiaries of parallel market gro...

Source: Bloomberg, 40:42

Micron’s Paradox: Record AI Growth Met with Investor Caution as Capex Concerns Trigger 3.9% Slide FinancialContent

Valve's Steam Machine desktop is currently in a state of involuntary limbo , driven by historically awful pricing and availability for memory and storage chips. AI data centers are absorbing much of what memory manufacturers can produce, leaving much less for enthusiast and hobbyist hardware like the Steam Machine and the Steam Frame VR headset. Even the years-old Steam Deck is currently out of stock thanks to component shortages. But that hardware uncertainty hasn't stopped Valve from working on the software, and the company released a major update this week. The SteamOS 3.8.0 preview release comes with a long list of changes for the Steam Deck as well as third-party gaming handhelds and other PC hardware, and it also adds "initial support for upcoming Steam Machine hardware." Many of the update's improvements come from various upstream Linux components. Valve says the update includes a new Arch Linux base, an updated graphics driver, version 6.16 of the Linux kernel, and a new version of the KDE Plasma desktop environment for Desktop Mode (which now uses Wayland rather than X11). Read full article Comments

Key Points Numerous activist investors are involved with Six Flags following its disappointing acquisition of Cedar Fair. One activist investor, Jana Partners, believes the company's best option is to go private, which sent shares higher amid buyout speculation. 10 stocks we like better than Six Flags Entertainment › Shares of North America's largest roller coaster park operator, Six Flags Entertainment (NYSE: FUN), rose 9% this week after activist investing firm -- and major shareholder -- Jana Partners urged the company to sell itself. While the pop from this news is nice, Six Flags' stock remains 55% below its 52-week high. Jana originally bought a 4% ownership stake in Six Flags during the third quarter of 2025, but has been disappointed with the steps the company has taken so far to improve its operations. 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 » The letter from Jana explained, We have witnessed an alarming pattern of board dysfunction ​and disjointed decision-making that has become ​impossible to ignore ... It is now in the best interest of shareholders for the company to ​reverse course and engage with known buyer interest in Six Flags. Jana would also like to see a new board chair announced. And Jana isn't the only activist investing firm pushing for changes from Six Flags following its tumultuous Cedar Fair acquisition and subsequently poor results. Sachem Head Capital Management also built a 5% stake in the company and added one of its executives to the board. Meanwhile, Land & Buildings Investment Management is pushing for the company to spin off its real estate assets into a REIT, potentially rearranging its heavy debt load and prompting a higher valuation. I can't tell whether having this many activist investors in the same stock is positive news or leads to a "too many cooks i...

Key Points Diameter Capital bought 2,272,393 FSK shares in the fourth quarter. The move marked a new position for Diameter, with the quarter-end position value increasing by $33.65 million. The new position makes up 3.8% of AUM. 10 stocks we like better than Fs Kkr Capital › Diameter Capital Partners initiated a new position in FS KKR Capital Corp. (NYSE:FSK), acquiring 2,272,393 shares worth an estimated $33.65 million during the fourth quarter, according to a February 17, 2026, SEC filing. What happened According to its SEC filing dated February 17, 2026, Diameter Capital Partners reported a new holding in FS KKR Capital Corp, buying 2,272,393 shares during the fourth quarter. The net increase in position value at quarter-end was $33.65 million, reflecting both the purchase and changes in share price during the period. What else to know This was a new position, with the stake representing 3.8% of Diameter’s reportable AUM as of December 31, 2025. Top five holdings after the filing: NASDAQ: SATS: $409.57 million (45.8% of AUM) NYSE: MBC: $66.35 million (7.4% of AUM) NYSE: TDS: $43.76 million (4.9% of AUM) NYSE: SILA: $40.79 million (4.6% of AUM) NYSE: FSK: $33.65 million (3.8% of AUM) As of Friday, FSK shares were priced at $9.99, down 51% over the past year and well underperforming the S&P 500, which is instead up about 16% in the same period. Company overview Metric Value Revenue (TTM) $113 million Net income (TTM) $11 million Dividend yield 25% Price (as of Friday) $9.99 Company snapshot FS KKR Capital provides customized credit solutions, primarily through senior secured and subordinated debt investments in private U.S. middle market companies. The firm generates revenue mainly from interest income on debt securities, with additional upside from equity interests and opportunistic investments in corporate bonds. It targets private middle market firms in the United States, focusing on companies with annual revenues between $10 million and $2.5 billion and EBITDA ...

Broad Bay Capital Management opened a new stake in Hub Group (HUBG +2.61%) during the fourth quarter, acquiring 714,000 shares worth $30.42 million, according to a February 17, 2026, SEC filing. What happened According to an SEC filing dated February 17, 2026, Broad Bay Capital Management reported acquiring 714,000 shares of Hub Group during the fourth quarter. The position’s quarter-end value stood at $30.42 million, reflecting both the share acquisition and any price movement during the period. What else to know This was a new position for Broad Bay, representing roughly 3% of its reported 13F assets under management as of December 31, 2025. Top holdings after the filing: NASDAQ:BATRK: $86.90 million (9.9% of AUM) NYSE:RKT: $80.29 million (9.2% of AUM) NASDAQ:APP: $67.50 million (7.7% of AUM) NASDAQ:CVCO: $66.93 million (7.6% of AUM) NYSE:AIR: $55.01 million (6.3% of AUM) As of Friday, Hub Group shares were priced at $34.81, down 5.5% over the past year and well underperforming the S&P 500’s roughly 16% gain in the same period. Company overview Metric Value Revenue (TTM) $3.73 billion Net Income (TTM) $105.02 million Dividend Yield 1.5% Price (as of Friday) $34.81 Company snapshot Hub Group offers transportation and logistics management services, including intermodal, truckload, less-than-truckload, dedicated trucking, final mile, and international transportation, as well as warehousing and fulfillment solutions. The firm generates revenue primarily by providing integrated freight, logistics, and supply chain solutions to a diverse customer base, leveraging owned and leased equipment and management infrastructure. It serves a broad range of industries such as retail, consumer products, and durable goods, targeting companies seeking efficient and scalable logistics and transportation services across North America. Hub Group, Inc. is a leading North American supply chain solutions provider with a focus on integrated freight and logistics services. The company combin...

Trent Alexander-Arnold's omission from Thomas Tuchel's largest England squad is the latest blow to his stop-start international career and casts huge doubt on his hopes of playing at the World Cup. Head coach Tuchel said he has "not yet" spoken to the 27-year-old about his exclusion, with the full-back now not selected for the past four squads. Alexander-Arnold is back playing for Real Madrid after injury but finds himself left out of the 35-man group for the last international camp before Tuchel finalises his squad for this summer's tournament in the USA, Canada and Mexico. With Chelsea's Reece James - England's first-choice right-back under Tuchel - missing the friendly games against Uruguay and Japan on 27 and 31 March, many thought that Alexander-Arnold would be a near certainty to be included for the first time since June 2025. But despite playing for Real Madrid in the knockout stages of the Champions League and England stalwarts Kyle Walker and Kieran Trippier being retired, the former Liverpool defender finds himself out of the squad with at least five other players in front of him. So what went wrong?

The boom reverberated so loudly over Dubai marina that the windows of the surrounding skyscrapers and exclusive hotels gave a loud, disconcerting rattle. “That sounded close, do you think a missile has hit something?” said a young man to his friend as they sipped coffees. Moments earlier, all mobile phones in the vicinity had sounded off with a shrill alarm, the new normal for those living in the Gulf, warning of missile and drone strikes in the area. Customers barely looked up. Another alert came moments later. The United Arab Emirates air defence systems and fighter jets had successfully intercepted “ballistic missiles … drones and loitering munitions” and all was safe in Dubai – for now. Footage from the previous night captured these systems in action, shooting down a drone in a fiery ball over Dubai’s convention centre, debris raining down like fireworks. For 20 days, since the US and Israel began their bombing of Iran, the Gulf states have faced a relentless barrage of thousands of Iranian drones and missiles fired at their airports, hotels, ports, military bases, financial districts, datacentres and apartment blocks. Though it has represented an unfathomable attack on their sovereignty, security and economy – in Dubai, shattering an economically crucial illusion of safety and glamour – Gulf countries have so far only responded defensively, spending billions on interceptors that have managed to shoot down about 90% of Iran’s ballistics. Footage shows fire in Saudi Arabia's Yanbu refinery and Kuwait's Mina Abdullah refinery The overarching priority among the Gulf Cooperation Council (GCC) – the political grouping of the Gulf countries – has been to avoid getting dragged into a war that is not theirs and they had tried furiously to stop. But the past few days have been marked by growing fear that the Middle East war is entering a new, even more dangerous frontier; one that poses an existential threat to the Gulf countries – and pressure is mounting for them to re...

The standard Nest Doorbell makes it easy to identify visitors and packages when you’re not at home. | Image: Google Buying a video doorbell is worth it for several reasons. They’re convenient if you get a lot of deliveries or visitors, as they let you glance at a phone alert to decide whether it’s necessary to drop everything and go to the door. They can provide peace of mind, too, particularly if you’re heading out of town on vacation. Fortunately, Google’s entry-level Nest Doorbell — one of the best models available — is on sale for $139.99 ($40 off) at Amazon , Best Buy , and Target in the run-up to Amazon’s Big Spring Sale, which starts on March 25th. Google Nest Doorbell (second-gen, battery) Where to Buy: $179.99 $139.99 at Amazon $179.99 $139.99 at Target $179.99 $139.99 at Best Buy Unlike Ring’s $100 battery-powered Video Doorbell, Google’s Nest Doorbell doesn’t require a paid subscription for smart alerts — you’ll be notified for free via the Google Home app if the doorbell detects a person, package, or animal. You’ll get notifications when a package arrives and another alert if your doorbell detects the package has been picked up. The doorbell also offers up to three hours of event-based recording, though a premium Google Home Premium subscription ($10 a month / $100 a year) provides 30 days of history and access to Google’s Familiar Faces tool, which can tell you who’s at your door. As for the camera, the Nest Doorbell records video at 960 x 1280 resolution and offers up to 6x digital zoom, making it easy to identify visitors and packages. It uses a 3:4 portrait aspect ratio and a 145-degree field of view, providing both a wide view and a head-to-toe view. It also supports night vision and two-way audio, and integrates seamlessly with the rest of Google’s ecosystem. That means, when someone rings it, you can quickly view a live stream on compatible Google TV devices, as well as Nest and Echo smart displays.

Ondas ( ONDS ) on Friday revised its preliminary fourth quarter results and said it now expects revenues between $29.1M and $30.1M, above its prior guidance of between $27M and $29M. The company also said it expects fourth-quarter net income between $82.9 million and $83.4 million and adjusted earnings before interest, taxes, depreciation, and amortization between $(9.9) million and $(9.4) million for the three months ended December 31, 2025, respectively. However, shares fell nearly 6% in morning trading. For the full year 2025, the company said it expects to report revenues between $49.7 and $50.7 million, above prior guidance of between $47.6 million and $49.6 million. Consensus for fourth-quarter and annual revenues are $27.77M and $48.37M, respectively. Ondas sees FY25 net income between $50.4 million and $50.9 million and adjusted EBITDA between $(31.5) million and $(31) million for the year ended December 31, 2025, respectively. As of December 31, 2025, the company had cash and cash equivalents of approximately $551 million. The company reiterated its full-year 2026 revenue guidance of $170-$180 million. More on Ondas Holdings Ondas: Wild Spending Spree Ondas Q4 Earnings Preview: Not Undervalued Until We See Profits Ondas: A Bet On The Drone Revolution Backed By $1.5 Billion Cash Ondas and Heidelberger Druckmaschinen launch ONBERG JV to boost European drone defense Key deals this week: Savills, Cintas, Aureus Greenway, Papa John's, and more