The European Union and Australia have agreed on a free‑trade deal, concluding nearly a decade of negotiations as both sides work to strengthen ties and reinforce a rules‑based order under pressure from the Trump administration. At the same time, Canberra faces a potential energy crunch amid global disruptions linked to the war in Iran. Bloomberg’s Ben Westcott and Macquarie University’s Lurion de ...
The European Union and Australia have agreed on a free‑trade deal, concluding nearly a decade of negotiations as both sides work to strengthen ties and reinforce a rules‑based order under pressure from the Trump administration. At the same time, Canberra faces a potential energy crunch amid global disruptions linked to the war in Iran. Bloomberg’s Ben Westcott and Macquarie University’s Lurion de Mello break down the issues on "Bloomberg: The Asia Trade." (Source: Bloomberg)
How long will the Iran war last and what are the US goals? President Donald Trump has issued a dizzying number of conflicting answers to these questions since launching the conflict three weeks ago. The stakes have risen as Iran has retaliated with drone and missile strikes across the Gulf after the United States and Israel started their attacks on February 28. Here, in Trump’s own words, are his ...
How long will the Iran war last and what are the US goals? President Donald Trump has issued a dizzying number of conflicting answers to these questions since launching the conflict three weeks ago. The stakes have risen as Iran has retaliated with drone and missile strikes across the Gulf after the United States and Israel started their attacks on February 28. Here, in Trump’s own words, are his shifting positions: Duration of the war March 1: “Well, we intended four to five weeks.” (To The New York Times) Advertisement March 9: “I think the war is very complete, pretty much.” (To CBS) March 20: “We are getting very close to meeting our objectives.” (Truth Social). Advertisement March 20: “I think we have won.... I don’t want to do a ceasefire.” (To reporters at the White House) March 23: “If talks fail..., we’ll just keep bombing our little hearts out.” (To reporters in Florida)
Image source: The Motley Fool. Wednesday, March 4, 2026 at 5 p.m. ET CALL PARTICIPANTS Group President and U.S. CEO — Anthony Michael Denier Group CFO — H. C. Wang Head of Investor Relations — Carlos Questell Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $165.2 million, up 50% year over year in the quarter, with full-year revenue of $571 million representing...
Image source: The Motley Fool. Wednesday, March 4, 2026 at 5 p.m. ET CALL PARTICIPANTS Group President and U.S. CEO — Anthony Michael Denier Group CFO — H. C. Wang Head of Investor Relations — Carlos Questell Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $165.2 million, up 50% year over year in the quarter, with full-year revenue of $571 million representing 46% annual growth driven by record trading volumes across all asset categories. -- $165.2 million, up 50% year over year in the quarter, with full-year revenue of $571 million representing 46% annual growth driven by record trading volumes across all asset categories. Customer Assets -- $24.6 billion, including approximately $1 billion from the Webull Pay acquisition, representing an 81% increase compared to 2024 and a sequential increase of $3.4 billion. -- $24.6 billion, including approximately $1 billion from the Webull Pay acquisition, representing an 81% increase compared to 2024 and a sequential increase of $3.4 billion. Trading Volumes -- Quarterly equity notional volume of $239 billion, up 87% year over year and 17% sequentially, and options contract volume of 154 million, up 38% year over year and 5% sequentially. -- Quarterly equity notional volume of $239 billion, up 87% year over year and 17% sequentially, and options contract volume of 154 million, up 38% year over year and 5% sequentially. Adjusted Operating Profit -- $21.6 million for the quarter, equating to a 13% adjusted operating profit margin; annual adjusted operating profit reached $110.3 million and margin improved by 14.6 percentage points to 19.3%. -- $21.6 million for the quarter, equating to a 13% adjusted operating profit margin; annual adjusted operating profit reached $110.3 million and margin improved by 14.6 percentage points to 19.3%. Adjusted Net Income -- $14.6 million for the quarter, or 8.8% of revenue; full-year adjusted net income of $84 million achieved in the first year as a public ...
Chewy (CHWY +1.07%) is a company your pets surely like, as it sells everything from their favorite foods to toys and other supplies. But investors haven't liked this e-commerce stock much lately, as it's dropped nearly 30% this year. There isn't one major reason for this, as Chewy has successfully grown its business in recent years and, thanks to a metric I'll talk about in a minute, offers invest...
Chewy (CHWY +1.07%) is a company your pets surely like, as it sells everything from their favorite foods to toys and other supplies. But investors haven't liked this e-commerce stock much lately, as it's dropped nearly 30% this year. There isn't one major reason for this, as Chewy has successfully grown its business in recent years and, thanks to a metric I'll talk about in a minute, offers investors a clear view of revenue to come -- and things are looking positive. Sometimes a stock declines because investors are interested in other opportunities at a given moment -- and it isn't a reflection of the stock's prospects. I think this is what we're seeing with Chewy. Does all of this mean that Chewy may represent a once-in-a-lifetime buying opportunity right now? Let's find out. Chewy's big milestone Chewy has delivered revenue growth in recent years and reached the major milestone of profitability. Initially, the company stuck to the area of e-commerce uniquely in the U.S. But it has expanded the e-commerce business into Canada and, in the U.S., has added veterinary clinics to its repertoire. The vet clinics business is a fantastic idea because it diversifies the revenue stream and, at the same time, offers Chewy the opportunity to bring new customers to its e-commerce business. The clinics are a great way to introduce Chewy to pet parents who haven't yet discovered or tried the e-commerce site. The power of Autoship Now, here's what I like most about Chewy: More than 80% of the company's total sales come from recurring customers. We know this because the Autoship service makes up that percentage of revenue -- Autoship automatically sends your favorite products to you on a schedule you determine. The idea that regular customers are driving sales is fantastic because it offers us visibility on sales in the coming quarters. It also shows us that customers like Chewy enough to keep coming back. Expand NYSE : CHWY Chewy Today's Change ( 1.07 %) $ 0.25 Current Price $ 23....
tiero Vertiv ( VRT ) to acquire ThermoKey S.p.A., which provides heat rejection and heat-exchange technologies with long-standing relationships across original equipment manufacturers (OEMs) and system integrators, the company said on Monday. The deal is part of Vertiv's continued investment in advanced cooling solutions to support high-density AI data centers. Upon closing, the acquisition is exp...
tiero Vertiv ( VRT ) to acquire ThermoKey S.p.A., which provides heat rejection and heat-exchange technologies with long-standing relationships across original equipment manufacturers (OEMs) and system integrators, the company said on Monday. The deal is part of Vertiv's continued investment in advanced cooling solutions to support high-density AI data centers. Upon closing, the acquisition is expected to expand Vertiv's ( VRT ) thermal management portfolio and manufacturing capabilities, particularly in EMEA. The deal is subject to customary closing conditions, including the receipt of regulatory approvals, and is expected to close in the second quarter of 2026. More on Vertiv Vertiv Holdings Co (VRT) Presents at JPMorgan Industrials Conference 2026 Transcript Vertiv: Remains A Fantastic Pick-And-Shovel AI Play Vertiv: An Upcoming S&P 500 Member, Shares Near Fair Value (Downgrade) Vertiv, Lumentum, Coherent, and EchoStar are new additions to the S&P 500 SA Asks: Which hardware stocks are best positioned for AI?
Encube Ethicals Pvt. , backed by private equity firm Quadria Capital, is considering an initial public offering in Mumbai that could raise about $400 million, according to people familiar with the matter. The contract drug manufacturer has appointed JM Financial Ltd. and JPMorgan Chase & Co. as advisers and plans to hire more banks for the proposed share sale, the people said, asking not to be ide...
Encube Ethicals Pvt. , backed by private equity firm Quadria Capital, is considering an initial public offering in Mumbai that could raise about $400 million, according to people familiar with the matter. The contract drug manufacturer has appointed JM Financial Ltd. and JPMorgan Chase & Co. as advisers and plans to hire more banks for the proposed share sale, the people said, asking not to be identified because the information is private. Deliberations are ongoing and details including the size and valuation of the offering could change, the people said. Representatives for Encube and the banks didn’t immediately respond to requests for comment. Firms including Quadria and Gulf Islamic Investments acquired a minority stake in Encube in 2021, a transaction that valued the company at about $800 million, according to data provider Tracxn . Read More: Quadria Is Said to Weigh Stake Sale in $2 Billion Firm Encube Encube, which owns the topical anti-microbial brand Soframycin, recently paused plans to sell a majority stake due to a valuation mismatch, the Economic Times reported last week, citing people familiar with the matter. India’s market for IPOs has had a subdued start to 2026, following two consecutive years of record fundraising. Stocks have come under pressure from geopolitical tensions, slowing earnings growth and uneven foreign inflows. Still, many Indian companies are increasingly turning to capital markets to raise funds, signaling confidence that businesses with strong fundamentals and the right valuations will continue to attract demand. Founded in 1998, Encube manufactures creams, gels and ointments focused on dermatology and reproductive health in India and the US. It also provides contract development and manufacturing services from three plants in India.
Photo: Wang Guangyou Wang Guangyou, a former official of China’s top securities watchdog, is under investigation for suspected “serious disciplinary and legal violations”, the top graft-buster announced Saturday. The probe into the former head of the China Securities Regulatory Commission’s (CSRC) bureau in Hubei province may be connected to the listing of Tianfeng Securities Co. Ltd. , people fam...
Photo: Wang Guangyou Wang Guangyou, a former official of China’s top securities watchdog, is under investigation for suspected “serious disciplinary and legal violations”, the top graft-buster announced Saturday. The probe into the former head of the China Securities Regulatory Commission’s (CSRC) bureau in Hubei province may be connected to the listing of Tianfeng Securities Co. Ltd. , people familiar with this matter told Caixin.