On Holding (NYSE: ONON) shares plummeted 11% following the surprise announcement that CEO Martin Hoffmann will step down on May 1. While co-founders David Allemann and Caspar Coppetti will assume Co-CEO roles, the market reacted sharply to the loss of Hoffmann, often considered the "face" of the company for investors. This leadership shuffle--the second major C-suite change in a year--stokes fears...
On Holding (NYSE: ONON) shares plummeted 11% following the surprise announcement that CEO Martin Hoffmann will step down on May 1. While co-founders David Allemann and Caspar Coppetti will assume Co-CEO roles, the market reacted sharply to the loss of Hoffmann, often considered the "face" of the company for investors. This leadership shuffle--the second major C-suite change in a year--stokes fears regarding long-term stability and execution. Despite record 2025 sales, investors are clearly wary of shifting the "Dream On" strategy during a pivotal global scaling phase. *Stock prices used were end-of-day prices of March 25, 2026. The video was published on March 25, 2026. Continue reading
A little over a month after James van Geelen sent stocks into a tailspin with his dystopian account of a post-AI economic collapse, he’s wagering that another fear-fueled selloff — this time, in the bond market — has run too far. The founder of Citrini Research was unexpectedly thrust into the global spotlight after his 7,000-word Substack post went viral by feeding into Wall Street’s worst fears ...
A little over a month after James van Geelen sent stocks into a tailspin with his dystopian account of a post-AI economic collapse, he’s wagering that another fear-fueled selloff — this time, in the bond market — has run too far. The founder of Citrini Research was unexpectedly thrust into the global spotlight after his 7,000-word Substack post went viral by feeding into Wall Street’s worst fears right when investors were dumping the stocks of any company at risk of being displaced by artificial intelligence. Those longer-term worries were at least temporarily shunted aside after President Donald Trump ’s attacks on Iran sent oil prices soaring, raising the more immediate risk of a 1970s-style shock that will force central banks to start raising interest rates to keep inflation from spiraling. That, in turn, sent bond prices tumbling around the world. In the US, as traders ditched rate-cut bets, Treasuries this month racked up their deepest losses since October 2024, when the market was speculating that Trump’s election would pour fuel on an already strong economy. That proved off base. Instead, job growth slowed sharply as his trade war sowed broad uncertainty. In a post Wednesday, van Geelen said it’s likely the oil-price spike will deal the economy a new hit that’s significant enough to keep the Fed from raising rates. “If oil stays high, it would be restrictive enough simply to leave them where they are while oil prices filter through the rest of the economy and cause a slowdown that you can cut into,” he wrote. Van Geelen said he expects that the Fed will look past the oil shock and is unlikely to raise rates. If the war is resolved in a month, he said the “consumer will be slightly weaker” but worries about inflation would fade. If it drags on, he predicted stock prices would drop and the “wealth effect will result in the weakness being too strong for the market to entertain the Fed not cutting rates over the next 12 months.” He said his firm is buying three-m...
Key PointsA director of Alpha Metallurgical Resources reported the purchase of about 8,000 shares for a total of $1.53 million, at a weighted average purchase price of $191.07 per share on March 12, 2026.
Key PointsA director of Alpha Metallurgical Resources reported the purchase of about 8,000 shares for a total of $1.53 million, at a weighted average purchase price of $191.07 per share on March 12, 2026.
Attendees wait in line outside the Situation Room by Polymarket pop-up bar in Washington, DC, US, on Friday, March 20, 2026. | Graeme Slona/Bloomberg via Getty Images. Hello and welcome to Regulator , a newsletter for Verge readers who are political junkies, and Washington insiders hooked on technology. If this email has been forwarded to you but you're not a subscriber, sign up here so you can ge...
Attendees wait in line outside the Situation Room by Polymarket pop-up bar in Washington, DC, US, on Friday, March 20, 2026. | Graeme Slona/Bloomberg via Getty Images. Hello and welcome to Regulator , a newsletter for Verge readers who are political junkies, and Washington insiders hooked on technology. If this email has been forwarded to you but you're not a subscriber, sign up here so you can get that pure, uncut Regulator every Wednesday, straight from the source (aka me). I was taking Friday off in Maine when two major pieces of tech news dropped: first, the White House released its framework for a comprehensive national AI bill with the intent of passing it through Congress. ( Hayden Field , our AI reporter, has a thorough analysis of it here .) Second (and clearly more important), Polymarket opened the … Read the full story at The Verge.
Because of its central role in AI development, Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks of the last decade. Its share price grew by over 20,000% during that time, and it's now the largest public company by market cap. It's natural to wonder if there's any meat left on the bone at this point. Based on comments CEO Jensen Huang made at GTC 2026, Nvidia's annual AI conference,...
Because of its central role in AI development, Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks of the last decade. Its share price grew by over 20,000% during that time, and it's now the largest public company by market cap. It's natural to wonder if there's any meat left on the bone at this point. Based on comments CEO Jensen Huang made at GTC 2026, Nvidia's annual AI conference, the chipmaker could still have plenty of room to grow. Image source: The Motley Fool. Continue reading
A court in the US has ordered Meta to pay $375m after a jury found that the company, which owns Facebook and Instagram, enabled harm including child sexual exploitation on its platforms. The landmark victory marks the first time the social media corporation has been successfully sued by a US state over child safety issues. Could it set a new precedent for holding big tech to account? Lucy Hough sp...
A court in the US has ordered Meta to pay $375m after a jury found that the company, which owns Facebook and Instagram, enabled harm including child sexual exploitation on its platforms. The landmark victory marks the first time the social media corporation has been successfully sued by a US state over child safety issues. Could it set a new precedent for holding big tech to account? Lucy Hough speaks to the investigative reporter Katie McQue. Continue reading...
Ratana21/iStock via Getty Images Market Review The fourth quarter of 2025 saw a continuation of themes from earlier in the year. Equity markets continued to rally, with the S&P 500® Index reaching new all-time highs in December. This rally was especially prominent in international equities, which outperformed U.S. equities over the quarter. In the U.S., a September interest rate cut was followed b...
Ratana21/iStock via Getty Images Market Review The fourth quarter of 2025 saw a continuation of themes from earlier in the year. Equity markets continued to rally, with the S&P 500® Index reaching new all-time highs in December. This rally was especially prominent in international equities, which outperformed U.S. equities over the quarter. In the U.S., a September interest rate cut was followed by additional cuts in October and December, but the U.S. Federal Reserve (Fed) was divided on this approach, due to competing pressures from still-elevated inflation and economic data. However, these rate cuts did not affect yields dramatically as they were already priced-in. The U.S. dollar remained relatively stable, while commodities were more volatile. Gold prices continued to reach new highs, but this quarter also saw a dramatic increase in prices for silver, platinum, palladium, and copper. Energy prices, on the other hand, decreased going into year-end. Performance The Virtus AlphaSimplex Managed Futures Strategy Fund Class I (ASFYX, Fund) shares returned 4.09% during the fourth quarter of 2025, while the Fund's benchmark, the Credit Suisse Managed Futures Liquid Index, returned 3.85% for the quarter. It is important to note that there are material differences between the Fund and its benchmark. Another index that may be used for performance analysis is the SG Trend Index as it reflects a peer group of diversified, primarily trend-following investment managers. This benchmark returned 4.86% during the fourth quarter of 2025. The Fund maintained broad diversification across trend horizons and approaches to trend following in the fourth quarter. The Fund saw gains from its long equity positions and commodities (especially precious metals); currencies also provided some small gains. Fixed income detracted from performance. Equities continued to climb over the quarter, leading to gains from the Fund's long positions, particularly within international developed markets. Th...
georgeclerk/iStock via Getty Images A jury in Los Angeles determined Wednesday that Meta Platforms ( META ) and Google ( GOOG ) ( GOOGL ) were responsible for inducing addictive behavior in a young woman who began using social media platforms as a child in a landmark case filed against the U.S. tech giants. The case was filed in the Los Angeles Superior Court by the plaintiff, who goes by K.G.M., ...
georgeclerk/iStock via Getty Images A jury in Los Angeles determined Wednesday that Meta Platforms ( META ) and Google ( GOOG ) ( GOOGL ) were responsible for inducing addictive behavior in a young woman who began using social media platforms as a child in a landmark case filed against the U.S. tech giants. The case was filed in the Los Angeles Superior Court by the plaintiff, who goes by K.G.M., or Kaley, in 2023. The now 20-year-old woman alleged that she became addicted to apps like Instagram and YouTube due to the appearance of the platforms. The young woman said household social media platforms caused her to develop anxiety, body dysmorphia, and suicidal thoughts. TikTok ( BDNCE ) and Snap ( SNAP ) were also part of the suit, but they settled before the case went to court. The jury ordered compensatory damages of $3M to be awarded to the plaintiff, of which Meta is expected to pay 70% and Google the remaining. Additional punitive damages are also being considered. "We respectfully disagree with the verdict and are evaluating our legal options," said a Meta spokesperson. More on Meta, Alphabet Alphabet Quietly Entered A Multibillion-Dollar Market Last Week Meta Platforms: The AI Spending Spree Is Out Of Control Meta Platforms: 16x Adjusted FY2026 P/E Is A Solid Buy SentinelOne collabs with Google Cloud to provide AI-powered security on global scale Google boosts music-focused Lyria AI models with ability to create longer music
Earnings Call Insights: Winnebago Industries (WGO) Q2 2026 Management View CEO Michael Happe reported that "Winnebago Industries delivered a solid second quarter, reflecting focused execution on our overarching enterprise strategies and our fiscal year 2026 first half objectives." Happe noted that despite a challenging market, the company protected profitability, managed controllable costs, and ad...
Earnings Call Insights: Winnebago Industries (WGO) Q2 2026 Management View CEO Michael Happe reported that "Winnebago Industries delivered a solid second quarter, reflecting focused execution on our overarching enterprise strategies and our fiscal year 2026 first half objectives." Happe noted that despite a challenging market, the company protected profitability, managed controllable costs, and advanced product and operational priorities. Happe highlighted the introduction of new products, especially in the Motorhome RV segment with a focus on technological differentiation and affordability. He stated, "Our emphasis on driving share in higher-value segments, such as Class A diesel, Class C diesel and the growing Super C category reflects our strategic focus on retail dollar and profit reach through resilient premium categories." Happe cited progress in the Winnebago-branded Motorhome business and deliberate efforts to reinvigorate the Towables business, with product launches like Access and Grand Design's Transcend gaining shelf space in dealer showrooms. Happe drew attention to Lithionics, acquired in 2023, as a differentiator in mobile portable power solutions, now expanding into Marine and Work Vehicle applications. CFO Bryan Hughes stated, "Consolidated net revenues increased 6% year-over-year as a strong performance in the Motorhome RV segment more than offset decreases in Towable RV and Marine. Gross profit increased due to growth in the topline and when combined with SG&A reductions due to our cost savings initiatives, Operating income improved 51% from the second quarter of fiscal 2025, resulting in adjusted EPS of $0.27, 42% higher than last year." Outlook The company is maintaining its full-year fiscal 2026 guidance: consolidated net revenues in the range of $2.8 billion to $3.0 billion; reported earnings per diluted share between $1.50 and $2.20, compared with $1.40 to $2.10 previously; and adjusted earnings per diluted share in the range of $2.10 to $2.8...
oliakolvitz/iStock via Getty Images KKR & Co. ( KKR ) has agreed to acquire U.S. bakery chain Nothing Bundt Cakes for over $2 billion, including debt. KKR ( KKR ) is purchasing Nothing Bundt Cakes from Roark Capital, according to a WSJ report on Wednesday, which cited people familiar with the matter. Nothing Bundt Cakes was started by two moms in 1997 and has over 600 locations, according to the c...
oliakolvitz/iStock via Getty Images KKR & Co. ( KKR ) has agreed to acquire U.S. bakery chain Nothing Bundt Cakes for over $2 billion, including debt. KKR ( KKR ) is purchasing Nothing Bundt Cakes from Roark Capital, according to a WSJ report on Wednesday, which cited people familiar with the matter. Nothing Bundt Cakes was started by two moms in 1997 and has over 600 locations, according to the company's website . Roark acquired the Dallas-based chain in 2021. Roark owns Subway and Inspire Brands, the parent company of Dunkin', Jimmy John's, and Arby's. More on KKR & Co. KKR & Co: Crushed As Private Credit Fearmongering Goes Into Overdrive KKR & Co. Inc. (KKR) Presents at RBC Capital Markets Global Financial Institutions Conference 2026 Transcript KKR & Co. Inc. (KKR) Presents at Bank of America Financial Services Conference 2026 Transcript Key deals this week: Ecolab, Novartis, 3M and more Ecolab close to deal for KKR's data-center cooling company - WSJ
We have two choices: be paralysed by fear or just continue with what we are doing. I know what I choose In the past, my response to any given large-scale world crisis has generally been to do nothing, which, as well as aligning with my personality, has the advantage of being exactly what the experts recommend. During periods of intense market volatility, we are advised not to look at our investmen...
We have two choices: be paralysed by fear or just continue with what we are doing. I know what I choose In the past, my response to any given large-scale world crisis has generally been to do nothing, which, as well as aligning with my personality, has the advantage of being exactly what the experts recommend. During periods of intense market volatility, we are advised not to look at our investments, let alone touch them. If we are rushed at by a bear, we are supposed to stand stock still (unless it’s one of those bears you have to bang pots and pans at, but let’s leave them aside). The result of this is an avoidant philosophy hingeing on the motto “it’ll probably be fine”, that, this week, as Tehran mocked the US for pretending peace talks were under way, was accompanied by a cold, rival notion: what if this time it’s different? Emma Brockes is a Guardian columnist Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...
You've probably heard the US government has banned foreign-made consumer Wi-Fi routers over national security fears. You might be wondering: WTF is going on? Just another day in America under Donald Trump and FCC chairman Brendan Carr. You're probably fine for now, but if you want to know why there's so much chaos, read on. The government's not taking away my router, right? No, you can keep using ...
You've probably heard the US government has banned foreign-made consumer Wi-Fi routers over national security fears. You might be wondering: WTF is going on? Just another day in America under Donald Trump and FCC chairman Brendan Carr. You're probably fine for now, but if you want to know why there's so much chaos, read on. The government's not taking away my router, right? No, you can keep using your router in the United States of America no matter where it was made - the FCC is crystal-clear about that. You can even go buy a replacement: "Consumers will continue to be able to purchase previously authorized routers," it writes . Is the … Read the full story at The Verge.
Ajax9 Lockheed Martin ( LMT ) on Wednesday said it took part in a U.S. Space Force exercise aimed at testing how quickly satellites can be prepared and launched in response to potential threats, highlighting ongoing efforts to accelerate military space operations. The Victus Diem exercise included a rapid payload processing demonstration. (Firefly Aerospace) The exercise, known as Victus Diem, inv...
Ajax9 Lockheed Martin ( LMT ) on Wednesday said it took part in a U.S. Space Force exercise aimed at testing how quickly satellites can be prepared and launched in response to potential threats, highlighting ongoing efforts to accelerate military space operations. The Victus Diem exercise included a rapid payload processing demonstration. (Firefly Aerospace) The exercise, known as Victus Diem, involved collaboration with Firefly Aerospace ( FLY ) and focused on simulating a tactically responsive space mission under compressed timelines. As part of the drill, the companies completed payload processing in less than 12 hours, a step that typically takes significantly longer in traditional launch schedules. The effort was designed to demonstrate how quickly a satellite payload could be readied for launch during a crisis scenario. The teams also carried out a rapid launch simulation, completing all required operations within 36 hours after receiving a mock “notice to launch.” The rehearsal was conducted as part of a Space Force-led field training exercise intended to mirror real-world emergency launch conditions. The exercise reflects a broader push by the U.S. military to reduce the time required to deploy space-based assets, particularly as satellites play an increasingly central role in communications, surveillance and navigation during conflicts. Lockheed Martin ( LMT ) said the effort supports its work on deploying new technologies to orbit more quickly, while also incorporating feedback from government stakeholders involved in the exercise. In a statement, Space Force officials said the exercise demonstrated how coordination with commercial partners can help meet operational needs on shorter timelines, offering insight into how future responsive space missions may be conducted. More on Lockheed Martin, Firefly Aerospace Inc. Firefly Aerospace: Shares Have Yet To Price In Growth Firefly Aerospace: No Profits, No Bull Case Firefly Aerospace Inc. (FLY) Q4 2025 Earning...
In this article ASTS RKLB YSS Follow your favorite stocks CREATE FREE ACCOUNT A screen displays the Firefly Aerospace logo during the company's IPO at the Nasdaq MarketSite in New York City, U.S., August 7, 2025. Jeenah Moon | Reuters Space stocks soared Wednesday following a report that Elon Musk's SpaceX could file to go public as soon as this week. Satellite designer AST SpaceMobile and Rocket ...
In this article ASTS RKLB YSS Follow your favorite stocks CREATE FREE ACCOUNT A screen displays the Firefly Aerospace logo during the company's IPO at the Nasdaq MarketSite in New York City, U.S., August 7, 2025. Jeenah Moon | Reuters Space stocks soared Wednesday following a report that Elon Musk's SpaceX could file to go public as soon as this week. Satellite designer AST SpaceMobile and Rocket Lab both jumped about 8%. Rocket maker Firefly Aerospace , which went public in August , climbed 14%. York Space , an aerospace company that held its IPO in January, rose 6% on the news. According to the Information , the highly anticipated stock market debut for SpaceX could raise over $75 billion. CNBC previously reported that it could be the biggest IPO ever , seeking a $1.75 trillion valuation. SpaceX acquired Musk's xAI last month in a deal valuing the combined company at $1.25 trillion deal . The space sector , which includes companies focused on national defense, has benefited from excitement surrounding SpaceX, President Donald Trump's plans for a " Golden Dome " defense system and soaring demand for artificial intelligence infrastructure. The rapid buildout of data centers to support AI has been blamed for rising electricity costs . Sending data centers into space has been proposed as a solution, but faces numerous barriers, including high costs and limited rocket launch availability. SpaceX currently operates the Starlink constellation, with over 9,500 satellites in orbit. In January, Musk proposed a larger project that would launch 1 million satellites , an effort that's been staunchly opposed by scientists for environmental threats. WATCH: SpaceX IPO could be the largest ever watch now VIDEO 0:09 00:09 SpaceX IPO could be the largest ever, says Axios' Dan Primack The Exchange Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.