txking Hasbro ( HAS ) shares have slipped into the red ahead of Thursday’s open after disclosing a breach of its network late last week that prompted the company to proactively take certain systems offline. “The investigation is ongoing, and [the company] is working diligently to resolve the matter and determine the full scope of impact,” Hasbro ( HAS ) said in a filing with the Securities and Exc...
txking Hasbro ( HAS ) shares have slipped into the red ahead of Thursday’s open after disclosing a breach of its network late last week that prompted the company to proactively take certain systems offline. “The investigation is ongoing, and [the company] is working diligently to resolve the matter and determine the full scope of impact,” Hasbro ( HAS ) said in a filing with the Securities and Exchange Commission. This includes efforts to identify and review the files that were potentially impacted with the help of third-party cybersecurity professionals. More on Hasbro Hasbro: MAGIC Strength Increasingly Reflected (Downgrade) Hasbro, Inc. (HAS) Q4 2025 Earnings Call Transcript Hasbro, Inc. 2025 Q4 - Results - Earnings Call Presentation Toy giants face tariffs, spending pressure but at different points in recovery — Wells Fargo Hasbro prices $400 million public offering of 4.65% notes due 2031
SlavkoSereda/iStock via Getty Images America’s military operation in Iran has been ongoing for a little more than a month, and, at the time of writing, markets have just experienced a short relief rally, with the NASDAQ 100-Index ( NDX ) closing the day up just about 3% yesterday. This followed news that Iran is willing to end the war but “needs guarantees.” In this article, I present my thoughts ...
SlavkoSereda/iStock via Getty Images America’s military operation in Iran has been ongoing for a little more than a month, and, at the time of writing, markets have just experienced a short relief rally, with the NASDAQ 100-Index ( NDX ) closing the day up just about 3% yesterday. This followed news that Iran is willing to end the war but “needs guarantees.” In this article, I present my thoughts about possible long-term energy supply disruptions, how I played the market correction so far, and whether oil at $200+ per barrel is still a likely outcome. Yes, The Global Economy Is 61% Less “Oil Intense” Than In 1973 Parallels with the 1973 oil crisis are frequent nowadays, with just 100 ships having passed the Strait of Hormuz since the beginning of March. This is fewer ships than what used to pass on average per day before the war. However, we live in a different world than 1973. Global oil intensity (how much oil is needed to create $1000 of global GDP) has decreased by a whopping 61% since its 1973 peak. Global oil dependency, index (Author's work) Additionally, consider how Saudi Arabia, the main oil producer in the region, has already found alternatives to the Strait of Hormuz. It has successfully reactivated an East-West pipeline that now pumps 7 million barrels per day. This is equivalent to ~58% of the country’s production capacity of 12 million barrels per day. The Problem Is That The Impact Of Hormuz Still Surpasses That Of 1973 The disruption of oil supply is only compounded by that of LNG (Liquified Natural Gas), with Qatar being the third-largest exporter of LNG in the world. As the chart below shows, the impact of oil and LNG disruption in terms of global energy supply far surpasses that of 1973. When accounting for LNG, it stands at 7.5% of global supply, against a disruption of 3.2% in 1973. Total Global Energy Disrupted, Iran War (Hyperforage, substack) And this chart doesn’t account for disruption in other non-energy-related materials. For example, he...
Clover Health Investments ( CLOV ) announced on Wednesday that Peter Kuipers is stepping down as the chief financial officer of the company, effective March 30, 2026. Kuipers will remain with the company in an advisory capacity through April 24, 2026, to support a smooth transition and handoff. The Board of Directors has appointed Clay Thornton , the current chief financial officer of Clover’s ins...
Clover Health Investments ( CLOV ) announced on Wednesday that Peter Kuipers is stepping down as the chief financial officer of the company, effective March 30, 2026. Kuipers will remain with the company in an advisory capacity through April 24, 2026, to support a smooth transition and handoff. The Board of Directors has appointed Clay Thornton , the current chief financial officer of Clover’s insurance plan, as interim chief financial officer, effective immediately. CLOV +1.136% premarket to $1.78. Source: Press Release More on Clover Health Clover Health: Strong Growth, Improving Margins, And A Mispriced Stock Clover Health expects 46% membership growth and first full year GAAP profitability in 2026 while advancing cohort economics Clover Health sees 2026 revenue above consensus
hapabapa/iStock Editorial via Getty Images It sounds like some investors were waiting for J.Jill, Inc. ( JILL ) to crash after its fourth-quarter report, and now that’s happened. This clothing store’s management warned investors that it was going to post weak results, and now it’s done that. So, this stock now offers a potential buying opportunity for value investors. However, to avoid becoming a ...
hapabapa/iStock Editorial via Getty Images It sounds like some investors were waiting for J.Jill, Inc. ( JILL ) to crash after its fourth-quarter report, and now that’s happened. This clothing store’s management warned investors that it was going to post weak results, and now it’s done that. So, this stock now offers a potential buying opportunity for value investors. However, to avoid becoming a value trap, J.Jill will need to invest in marketing to appeal to younger customers. Like a few other stores I’ve written about, such as Bath & Body Works ( BBWI ), J.Jill has loyal older customers but might struggle to attract younger ones. But it might not gain these new customers by sending out more catalogs. In Q4 2025 , J.Jill reported that its revenue fell 3.1% to $138.4 million. This was still a beat because analysts’ expectations were already low. The store’s gross margin also fell 320 basis points to 63.1%. J.Jill is facing higher costs because of tariffs. Meanwhile, its core customers, older women, are also trading down to discount stores. So, this company is in a tough situation right now, and it’s not expected to get a lot better in 2026. J.Jill is trading at very low multiples right now. It currently has a non-GAAP forward P/E of 6.42. Investors see it as a declining business. But I’m not sure if that’s true. It doesn’t sound like this company is closing underperforming stores to reduce its costs. Instead, it’s reopening stores in neighborhoods where wealthy women used to buy its clothing in the past. And there are reasons to believe that these new stores could perform well. J.Jill's Core Customer Base Is Professional Women I’ve always thought of J.Jill has a catalog store, but this brand does have 250 brick-and-mortar stores. Its core customers are now Gen X professional women. And J.Jill has very high gross margins. So, I’d expect to see its stores in upscale shopping malls where a lot of professionals live. It’s not surprising that the closest location in my ...
Lamb Weston press release ( LW ): Q3 Non-GAAP EPS of $0.72 beats by $0.11 . Revenue of $1.56B (+2.6% Y/Y) beats by $70M . Adjusted EBITDA (1) declined $101.3 million from the prior year quarter to $271.7 million, also reflecting the reduction in Adjusted Gross Profit (1) and higher Adjusted SG&A. Fiscal 2026 Outlook The Company updated its financial targets for fiscal 2026 as follows: Prior Fiscal...
Lamb Weston press release ( LW ): Q3 Non-GAAP EPS of $0.72 beats by $0.11 . Revenue of $1.56B (+2.6% Y/Y) beats by $70M . Adjusted EBITDA (1) declined $101.3 million from the prior year quarter to $271.7 million, also reflecting the reduction in Adjusted Gross Profit (1) and higher Adjusted SG&A. Fiscal 2026 Outlook The Company updated its financial targets for fiscal 2026 as follows: Prior Fiscal 2026 Guidance Updated Fiscal 2026 Guidance Net Sales $6.35 billion to $6.55 billion $6.45 billion to $6.55 billion vs. consensus of $6.53B Adjusted EBITDA $1.00 billion to $1.20 billion $1.08 billion to $1.14 billion Cash Used for Capital Expenditures Approximately $500 million Approximately $400 million Click to enlarge More on Lamb Weston Lamb Weston: Turnaround Opportunity As Fast-Food Headwinds Mask Improving Fundamentals Lamb Weston Holdings: Upgrade To Buy On Earnings Growth Potential Lamb Weston Q3 2026 Earnings Preview Most sold mid-cap consumer staples as Middle East tensions prevail Seeking Alpha’s Quant Rating on Lamb Weston
Sangoma Technologies ( STC:CA ) (TSX: STC; Nasdaq: SANG) on Wednesday said that the Toronto Stock Exchange has approved the renewal of its normal course issuer bid. The company said it may repurchase up to 1.66 million shares, or about 5% of its outstanding shares, over a 12-month period starting April 6, 2026, with the program set to expire by April 5, 2027. Sangoma said purchases will be made on...
Sangoma Technologies ( STC:CA ) (TSX: STC; Nasdaq: SANG) on Wednesday said that the Toronto Stock Exchange has approved the renewal of its normal course issuer bid. The company said it may repurchase up to 1.66 million shares, or about 5% of its outstanding shares, over a 12-month period starting April 6, 2026, with the program set to expire by April 5, 2027. Sangoma said purchases will be made on the open market on the Toronto Stock Exchange, Nasdaq Global Select Market and other trading systems, with all repurchased shares to be cancelled. The company added it had about 33.3 million shares outstanding as of March 24, 2026. Under its previous buyback program, it repurchased about 710,435 shares. SANG -4.12% premarket to $3.72. Source: Press Release More on Sangoma Technologies Sangoma Technologies Corporation (STC:CA) Q2 2026 Earnings Call Transcript Sangoma Technologies: The Market Is Ignoring A High-Margin Inflection Point Historical earnings data for Sangoma Technologies Financial information for Sangoma Technologies
watch now VIDEO 1:13 01:13 Trump says Iran’s president asked for ceasefire, but U.S. wants Hormuz Strait open first Squawk Box President Donald Trump on Wednesday said Iran's president has asked the U.S. for a ceasefire. But the U.S. will "consider" the offer only once the Strait of Hormuz is "open, free, and clear," Trump said on Truth Social . "Until then, we are blasting Iran into oblivion or, ...
watch now VIDEO 1:13 01:13 Trump says Iran’s president asked for ceasefire, but U.S. wants Hormuz Strait open first Squawk Box President Donald Trump on Wednesday said Iran's president has asked the U.S. for a ceasefire. But the U.S. will "consider" the offer only once the Strait of Hormuz is "open, free, and clear," Trump said on Truth Social . "Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!" he wrote. The announcement came hours before Trump was set to deliver an "important update on Iran" in an address to the nation, according to the White House. The address is set for 9 p.m. ET. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
U.S. President Donald Trump said Wednesday that Iran has asked the U.S. for a ceasefire, but made clear he will not consider it until the Strait of Hormuz is reopened. In a Truth Social post, Trump said " Iran’s New Regime President, much less Radicalized and far more intelligent than his predecessors, has just asked the United States of America for a CEASEFIRE!" He added: "we will consider when H...
U.S. President Donald Trump said Wednesday that Iran has asked the U.S. for a ceasefire, but made clear he will not consider it until the Strait of Hormuz is reopened. In a Truth Social post, Trump said " Iran’s New Regime President, much less Radicalized and far more intelligent than his predecessors, has just asked the United States of America for a CEASEFIRE!" He added: "we will consider when Hormuz Strait is open, free, and clear. Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!" The president's social media post comes a day after indicating that he wants the war to end as soon as possible and is willing to end it. His stance helped boost confidence in markets unsettled by the Middle East conflict, which has disrupted energy supplies around the globe. Still, Iranian President Masoud Pezeshkian on Tuesday told European Council President António Costa that Iran is prepared to bring the war to an end. However, he made clear that this would happen only if specific conditions were satisfied, signaling that the five demands Iran set out last month remain in place. Trump is slated to address the nation in a prime-time speech scheduled for 9 p.m. ET on Wednesday. Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on the Markets One Thing Missing From Yesterday's Rally Median Household Income In February 2026 Sell The Rally - There Is No Easy Way Out Of Iran War Countdown to Trump’s address to the nation: What will he say? Hormuz closure could cut 10 million bpd of crude, UBS' Staunovo says—CNBC interview
The Barbell Economy: Why The Middle Is Vanishing Authored by Tamuz Itai via The Epoch Times, There’s a pattern quietly reshaping daily life, work, and society itself. Economists now call it the “barbell economy.” Value, growth, and opportunity concentrate at the two extremes—ultra-cheap utility on one end, premium experience and status on the other—while the broad, reasonable middle thins out. Onc...
The Barbell Economy: Why The Middle Is Vanishing Authored by Tamuz Itai via The Epoch Times, There’s a pattern quietly reshaping daily life, work, and society itself. Economists now call it the “barbell economy.” Value, growth, and opportunity concentrate at the two extremes—ultra-cheap utility on one end, premium experience and status on the other—while the broad, reasonable middle thins out. Once you start noticing it, you can’t unsee it. And the data show it isn’t a fleeting trend. Start with something as ordinary as dinner. Fast-food drive-throughs, delivery apps, and value menus deliver speed and rock-bottom prices with almost no human interaction. At the opposite pole, tasting menus and farm-to-table experiences turn meals into curated stories worth premium prices. The casual sit-down restaurant is struggling or closing—that reliable neighborhood spot that was neither rock-bottom cheap nor luxurious. The same appears in travel. Airlines sell ultra-low fares for tighter seats but tack on fees for seat selection, bags, and boarding, while business- and first-class cabins keep expanding, with more space, better food, and priority service. Premium-cabin bookings on U.S. domestic flights have grown nearly three times faster than economy seats since 2020. Hotels follow suit: luxury and upper-upscale properties posted stronger revenue growth per available room (RevPAR) in early 2025 than midscale or economy tiers, where occupancy often hovers in the mid-50 percent range and room rates struggle to keep pace with inflation. Even cars illustrate the point. The average new-vehicle transaction price hit roughly $49,353 in February 2026—up 3.4 percent from the prior year and near all-time highs. For many families, that means heavy debt, stretched budgets, or leaving the new-car market altogether. Some trade down to older or used vehicles; others finance their way into premium models. A reliable new car without major financial strain is becoming rare. The pattern repeats ac...