The phone call came in mid-2016. “I’ve got cancer,” the old woman announced. Kathy*, a small business consultant, lived in Sydney. Her widowed mother, then in her 80s, lived in a large regional town four hours’ drive away. For the next five years, Kathy became her mother’s drive-in, drive-out carer, clocking up thousands of kilometres on her odometer. One of her two sisters contributed some assist...
The phone call came in mid-2016. “I’ve got cancer,” the old woman announced. Kathy*, a small business consultant, lived in Sydney. Her widowed mother, then in her 80s, lived in a large regional town four hours’ drive away. For the next five years, Kathy became her mother’s drive-in, drive-out carer, clocking up thousands of kilometres on her odometer. One of her two sisters contributed some assistance but it was Kathy who slept in hospital beside her mother through various admissions. It was Kathy who took over her mother’s finances and the burden of keeping her in her large two-storey home as she became frailer and sicker. But there was no loving mother-daughter relationship to buttress the load. “A friend of mine said to me, ‘you just keep going back for more punishment’,” Kathy says. “But I didn’t actually see it like that; I didn’t see it as a duty but as a kindness.” Kathy’s kindness is striking: from the time she was a child, her capricious mother’s weapons of choice were a cruel tongue and extended silences. “It was always unstable ground, it was always criticism and undermining,” Kathy says. For some years before her mother became ill, Kathy had disconnected herself from her family. “There was very little communication.” Now, looking back on the years she cared for her mother, who died in 2022, Kathy feels exhausted. “It’s not that I enjoyed doing it; it was something I thought was the right thing to do.” double quotation mark We carry this assumption that caring for your parents is the most normal, safe dynamic but this paints over instances of often decades-long abuse Emma Kirby, UNSW Caring for ageing parents is difficult in the best circumstances – when relationships are loving and siblings are collaborative. But for those who have had complicated relationships with their parents, especially those characterised by abuse, trauma or periods of estrangement – or simply a feeling that you weren’t very well cared for yourself – it can be far more complex. “A ...
Living in London, my elder brother – someone I have always looked up to – makes good use of his relative proximity to our ancestral home in Afghanistan. He travels back and forth so often that, from my base in Melbourne, I sometimes joke he has visited our village more times in the past few years than I have visited any other Australian city. His most recent trip, however, did not go as planned. F...
Living in London, my elder brother – someone I have always looked up to – makes good use of his relative proximity to our ancestral home in Afghanistan. He travels back and forth so often that, from my base in Melbourne, I sometimes joke he has visited our village more times in the past few years than I have visited any other Australian city. His most recent trip, however, did not go as planned. Flight disruptions linked to escalating tensions in the Middle East left him stranded in Istanbul for several days. Eventually he gave up and flew back to London, missing both the anniversary of our mother’s death in Kabul and the Eid celebrations many of the family members had hoped to mark together at the end of Ramadan. While waiting at the airport we spoke on FaceTime and our conversation drifted back to what remains of our ancestral home, which has been largely reduced to ruins now sitting in a mountainous valley in Paktika province in south-eastern Afghanistan. Time and war have stripped the walls but the memory of what life once looked like inside them remains vivid. What strikes me most when I look at photos he sends me is not the amount of destruction but what endures. The house played a central role in hosting guests and allowing for community consultation – a process known as the jirga – which was part of our family’s and village’s way of life. The bala khana, the upper guesthouse common in many Afghan homes, was not merely an architectural feature. It was a moral space. This was where disputes were brought to cool down. Neighbours who had quarrelled over land, traders arguing over debts, or relatives caught in family disagreements would gather there, often late into the night. Long before courts or contracts, people sat together in these rooms to listen, argue, reflect and – whenever possible – reconcile. Hospitality and mediation were intertwined. You could not seek justice without first being offered tea. You could not be heard without first being recognised as...
Barrie Cassidy and Tony Barry examine the fuel crisis and whether the Australian public will blame the Albanese government for the growing economic fallout from Trump’s war on Iran. They also discuss Liberal MP Andrew Hastie’s criticism of the US president, the RBA’s raising of the cash rate and why the treasurer, Jim Chalmers, is ‘opening the door’ for a recession Continue reading...
Barrie Cassidy and Tony Barry examine the fuel crisis and whether the Australian public will blame the Albanese government for the growing economic fallout from Trump’s war on Iran. They also discuss Liberal MP Andrew Hastie’s criticism of the US president, the RBA’s raising of the cash rate and why the treasurer, Jim Chalmers, is ‘opening the door’ for a recession Continue reading...
From fields to floating pontoons, in horseboxes, barrels and beach huts, saunas are springing up across Britain. The British Sauna Society now lists about 640 saunas – up from 540 at the start of the year – while a recent report predicted the UK could become the world’s largest sauna market by 2033, outpacing even Finland and Germany. “The continuing growth suggests that the peak has still yet to ...
From fields to floating pontoons, in horseboxes, barrels and beach huts, saunas are springing up across Britain. The British Sauna Society now lists about 640 saunas – up from 540 at the start of the year – while a recent report predicted the UK could become the world’s largest sauna market by 2033, outpacing even Finland and Germany. “The continuing growth suggests that the peak has still yet to come – if there is one,” said Gabrielle Reason, the society’s director. But are saunas a tonic for the nation’s health – or a wellness fad with hidden risks? When it comes to measurable health effects, the strongest evidence relates to the cardiovascular benefits of sauna use. These are “substantial”, said Prof Setor Kunutsor, Evelyn Wyrzykowski research chair in cardiology at the University of Manitoba in Canada. “Comparing people who engage in four to seven sauna sessions per week with those who engage once a week, the risk reductions in cardiovascular outcomes range from 40 to 60%,” he said. “In our randomised controlled trial, we showed a systolic blood pressure reduction of 8mmHg after eight weeks of engaging in three sauna sessions per week. This is a huge reduction.” View image in fullscreen Evidence for a cold water plunge after a sauna is thinner. Photograph: Adrian Sherratt/The Guardian Evidence for the flip side of a trip to the sauna – the cold-water plunge – is thinner, he added, though it is used by athletes after exercise and is believed to enhance recovery and reduce muscle soreness. Precisely how taking a sauna triggers its benefits is still being studied, but the general idea is that it places the body under controlled heat stress, producing responses similar to moderate exercise, such as walking. As body temperature rises, the heart beats faster and blood flow increases. This sets off a range of physiological responses, including improvements in blood vessel, heart and lung function, and reductions in blood pressure, inflammation and blood fats (including...
To get Industrial Strength delivered directly to your inbox, sign up here . Humanoid robots are having a financial moment as advances in artificial intelligence fuel the promise of greater capabilities. But industrial leaders say fully autonomous robots that meet the strict safety and operational standards of factory assembly lines and construction sites remain a longer-term goal. And it’s not cle...
To get Industrial Strength delivered directly to your inbox, sign up here . Humanoid robots are having a financial moment as advances in artificial intelligence fuel the promise of greater capabilities. But industrial leaders say fully autonomous robots that meet the strict safety and operational standards of factory assembly lines and construction sites remain a longer-term goal. And it’s not clear that customers actually want or need those machines to look like people anyway. Investments in humanoid robot development have jumped significantly, rising to $4.3 billion last year from about $700 million in 2018, according to a Bank of America Corp. report that cites data from the Humanoid Robot Guide. Just this month, Sunday Inc., which is aiming to build a human-like robot capable of handling laundry and dishwashing duties, raised $165 million in a Series B funding round that valued it at $1.15 billion. Humanoid startups including Figure AI Inc. , Apptronik , Agility Robotics Inc. and Dexterity Inc. have raised enough from venture investors to support billion dollar-plus valuations. The frenzy is so significant that BofA now estimates annual humanoid robot shipments will surge to 10 million by 2035, up from a mere 20,000 units last year. But for all the future promise and hype, humanoid robots are still largely in the science experiment phase, with rare demos featuring clunky or painfully slow movements to perform discrete jobs such as picking up items. While it’s possible these person-like robots may yet prove popular for other tasks, there’s skepticism among established manufacturers that they have much of a place on assembly lines. Manufacturers are investing in robots: The total number of industrial robots in operational use worldwide reached 4.7 million in 2024, up 9% from the prior year, according to the most recent data from the International Federation of Robotics. But most industrial production tasks simply don’t require a human level of flexibility or degre...
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . The energy crisis spurred by the war in the Middle East dominated yesterday’s summit in Brussels amid mounting anxiety about the economic impact of a prolonged crisis. EU leaders, including Italian Prime Minister Giorgia Meloni, warne...
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . The energy crisis spurred by the war in the Middle East dominated yesterday’s summit in Brussels amid mounting anxiety about the economic impact of a prolonged crisis. EU leaders, including Italian Prime Minister Giorgia Meloni, warned the room that the energy situation is critical. The European Central Bank said a prolonged disruption would push euro-zone inflation to 6.3% and trigger a brief recession. As the summit wrapped up, heads of state and government called for short-term measures to ease the turmoil. But they stressed the importance of preserving the “essential role” of the EU’s Emissions Trading System, the centerpiece of the bloc’s climate efforts. German Chancellor Friedrich Merz — who triggered a sell off in the carbon market last month after he floated “postponing” the system — told reporters after the meeting that the ETS needs fine-tuning rather than fundamental change. That offered some relief to carbon markets this morning, the price of carbon jumping the most in two years. Nevertheless, fears of an energy supply crunch after Iran hit a vital gas plant in Qatar, are real. “All countries will be negatively influenced if the situation continues,” Cypriot President Nikos Christodoulides told Bloomberg Television following the summit. “If we don’t deescalate, we don’t know how the situation will develop, and for sure, the repercussions are going to be serious in all aspects of the economy.” Christodoulides, whose country holds the EU’s six-month rotating presidency, also thanked countries like Greece, Spain, the Netherlands and France for sending support after a drone hit a British base at Akrotiri on March 1. But he said the time for action was now for Article 42.7, the mutual assistance clause of the EU treaties, which stipulates that member states should provide aid and assistance to a...
is a senior reporter and author of the Optimizer newsletter. She has more than 13 years of experience reporting on wearables, health tech, and more. Before coming to The Verge, she worked for Gizmodo and PC Magazine. This is Optimizer, a weekly newsletter sent every Friday from Verge senior reviewer Victoria Song that dissects and discusses the latest gizmos and potions that swear they’re going to...
is a senior reporter and author of the Optimizer newsletter. She has more than 13 years of experience reporting on wearables, health tech, and more. Before coming to The Verge, she worked for Gizmodo and PC Magazine. This is Optimizer, a weekly newsletter sent every Friday from Verge senior reviewer Victoria Song that dissects and discusses the latest gizmos and potions that swear they’re going to change your life. Opt in for Optimizer here. Wellness crazes come and go, but protein is forever. At least that’s how it feels as the algorithm subjects me to the latest protein-related wellness trend: a video of a gym bro whipping up a piping hot plate of boy kibble. Boy kibble is not complicated. According to influencers and trend pieces alike, it’s a humble meal of ground beef and white rice. Yes, that’s it. The beef provides fat and protein, while the white rice provides carbs. Eaten day in and day out, boy kibble is meant to be utilitarian, affordable, easy to meal-prep, and most importantly, it’s high in protein. Upon further research, boy kibble seems to be a variant of the slop bowl — mushy, often disturbingly vomit-like meals that are protein-rich but not exactly appetizing to look at. Every boy kibble recipe is accompanied by a breakdown of calories and macros, with protein ranging anywhere from 30g to over 80g per serving. And while it might seem odd that off-putting bowls of brown have the internet in a chokehold, you could draw a straight line from boy kibble to other wellness products like Huel, Soylent, David bars, and the protein Pop-Tarts in my cupboard. Because while fats are polarizing and carbs are reviled, protein is the favored macronutrient of the wellness Wild West. Gentle reader, pray tell what in the ever living hell is a butter coffee protein smoothie and why wouldst thou want to drink it? Why is protein so popular? As with any wellness trend (or grift), there’s a kernel of scientific truth. Protein helps with satiety, keeping you feeling fuller ...
The Forbes 2026 billionaire list just dropped, and the numbers are staggering. A record 3,428 billionaires now share a combined fortune of $20.1 trillion. That’s 400 new people on the list, and an additional $4 trillion in the pockets of billionaires. Must Read Sitting at the top of the list is Elon Musk, with an eye-popping $839 billion, followed by Google founders Larry Page and Sergey Brin, the...
The Forbes 2026 billionaire list just dropped, and the numbers are staggering. A record 3,428 billionaires now share a combined fortune of $20.1 trillion. That’s 400 new people on the list, and an additional $4 trillion in the pockets of billionaires. Must Read Sitting at the top of the list is Elon Musk, with an eye-popping $839 billion, followed by Google founders Larry Page and Sergey Brin, then Amazon’s Jeff Bezos (1). This is more than a scoreboard for the ultra-rich. Dig into the profiles, and patterns emerge showing how billionaires build their empires, and what ordinary investors can steal from their playbook. Sources of wealth: the usual suspects One theme runs through many of the Forbes profiles: the richest billionaires built their wealth through ownership of a technology company. The world’s richest man, Elon Musk, has the majority of his fortune tied to ownership stakes in companies like Tesla and SpaceX and the rest in an assortment of cash and investments, according to Forbes (2). The fortunes of Page and Brin are mainly in the form of stakes in Google’s parent company, Alphabet. As for Jeff Bezos, his main source of wealth was the e-commerce giant he founded, Amazon (3). Jensen Huang, whose fortune skyrocketed alongside the AI boom, built his wealth through the graphics chip company Nvidia (4). Seven of the top 10 on the list are linked to tech, showcasing the massive impact that technology and artificial intelligence has had on the upper echelon of the economy in the last few years. Once the core fortune is built, many billionaires start branching out and spreading their money across other ventures. According to Forbes, Jeff Bezos has invested in everything from space exploration through Blue Origin to a wide range of startups. He holds roughly 85% of his wealth in Amazon, with the rest a mix of cash and investments, including the Washington Post (5). And Elon Musk has pushed beyond Tesla and SpaceX with projects spanning artificial intelligence, in...
Oil Rises As Three More Warships, Thousands Of Marines Dispatched To Mideast; Trump Blasts 'Paper Tiger' NATO Summary Oil rises on news of a second massive Marine deployment toward Gulf in a week , as Trump calls NATO a 'paper tiger'. IRGC contradicts Bibi: says missile production is ongoing , is of "no concern" - even as IRGC spokesman Ali Mohammad Naeini is reported killed. Energy war ongoing: M...
Oil Rises As Three More Warships, Thousands Of Marines Dispatched To Mideast; Trump Blasts 'Paper Tiger' NATO Summary Oil rises on news of a second massive Marine deployment toward Gulf in a week , as Trump calls NATO a 'paper tiger'. IRGC contradicts Bibi: says missile production is ongoing , is of "no concern" - even as IRGC spokesman Ali Mohammad Naeini is reported killed. Energy war ongoing: Major sites damaged across the region - Haifa refinery hit, Qatar LNG output cut 17%, Kuwait facilities ablaze. Kharg Island escalation looms : Trump admin weighing seizure of Kharg Island to reopen Hormuz; Thousands of Marines in route, reports of low US jet strafing runs over strait. Signal of zero restraint from Ayatollah & FM : Iran sends warning if energy sites are hit again, leadership structure grows opaque; supreme leader says enemies will be denied security. * * * Trump Blasts 'Paper Tiger' NATO; Three More Warships Dispatched to Mideast The President has again expressed his frustration at lack of direct NATO participation in a plan to open up the Strait of Hormuz. He declared the US has "militarily WON" - and lambasted lack of allied interest in a "simple military maneuver" to open the Strait of Hormuz. Meanwhile, oil is rising on news of a second massive Marine deployment toward Gulf in a week, WSJ is reporting : The Pentagon is sending three warships and thousands of additional Marines to the Middle East, even as President Trump insists he won’t put American boots on the ground in Iran, according to U.S. officials. Roughly 2,200 to 2,500 Marines from the California-based USS Boxer amphibious ready group and 11th Marine Expeditionary Unit are heading to the U.S. Central Command, responsible for all American forces in the Middle East, the officials said. Crude Futures as WSJ headline hit... IRGC Says Missile Production Intact, Contradicting Netanyahu On day 21, the Iran war shows no signs of abating. Iran’s IRGC spokesperson Ali Mohammad Naeini was reportedly kille...
California Moves To Rename Cesar Chavez Day Before March 31 Holiday Authored by Jill McLaughlin via The Epoch Times, California state lawmakers took steps on March 19 to remove Cesar Chavez’s name from a state holiday this year and replace it with “Farmworkers Day” after accusations against the civil rights icon of sexual assault involving children and women surfaced the day before. The state beca...
California Moves To Rename Cesar Chavez Day Before March 31 Holiday Authored by Jill McLaughlin via The Epoch Times, California state lawmakers took steps on March 19 to remove Cesar Chavez’s name from a state holiday this year and replace it with “Farmworkers Day” after accusations against the civil rights icon of sexual assault involving children and women surfaced the day before. The state became the latest to take action to change or cancel plans to celebrate Chavez as fallout over the accusations continued. Cesar Chavez Day has been celebrated each year on March 31 in California, where Chavez first founded the National Farm Workers Association in 1962, which later became the United Farm Workers of America (UFW). California was the first state to designate the labor leader’s birthday a legal holiday, celebrating Cesar Chavez Day as an official state-paid holiday in 2000, after former Gov. Gray Davis signed related legislation into law. State Assembly Speaker Robert Rivas, son of a farmworker, introduced the name change in the state Capitol. “As someone who grew up in the farmworker movement … I am shocked,” Rivas said. “The fact that many of these women were children when they were abused makes this even more heartbreaking.” The New York Times published an article on March 18 stating that Chavez allegedly sexually abused and groomed minors as young as 13 who worked in the labor movement. Labor leader and UFW co-founder Dolores Huerta came forward with her own allegations later in the day, claiming she secretly gave birth to two of Chavez’s children and gave them up after suffering sexual abuse. Rivas said Huerta worked alongside his father to secure the first labor contract at Almaden Vineyards in the 1960s, and he respected her resilience. “But let me be clear about something: The farmworker movement was never about one man,” Rivas said. “It was built by thousands—tens of thousands—of workers ... Their legacy is not defined by one individual. It is defined by a...
If you've thought about retiring in Florida, you're in good company. It's the most popular retirement state for a reason. Thriving retirement communities, a warm climate, and tax-friendly laws are just some of the appeal. But like any major destination, Florida isn't the right choice for everyone in retirement. If any of the three things below are deal-breakers for you, consider some other retirem...
If you've thought about retiring in Florida, you're in good company. It's the most popular retirement state for a reason. Thriving retirement communities, a warm climate, and tax-friendly laws are just some of the appeal. But like any major destination, Florida isn't the right choice for everyone in retirement. If any of the three things below are deal-breakers for you, consider some other retirement destinations instead. 1. The summers get hot One of the reasons Florida earned the top spot in The Motley Fool's research study on the best retirement states is its warm climate. Winters are mild and snow is rare, making it a popular choice for those tired of long, cold months in the Northern states. In summer, however, Florida can get very hot and humid. Daily highs are often in the upper 80s, according to the National Weather Service, which could make outdoor activities uncomfortable. Some retirees get around this by spending only the winters in Florida. This could be a smart plan for you if you can afford two places. If not, you'll have to decide if the mild winters are worth the sweltering summers. 2. It could take you far from family and friends Unless you're already living in Florida, retiring there could put you far from your family and friends. This could leave you feeling isolated and increase your travel expenses in retirement if you frequently return home to visit loved ones. The good news is, there are plenty of Florida cities with thriving retirement communities, so you shouldn't have too much difficulty finding new friends once you've settled into your new home. Your loved ones may also prefer to come to you, especially in the winter. 3. The high hurricane risk could lead to increased costs for coastal residents Florida homeowners can face high home insurance premiums due to the state's high hurricane risk, especially for those living on or near the coast. This could cost you thousands of dollars per year and may offset some of the savings you'd get from r...
U.S. President Donald Trump delivers remarks on artificial intelligence at the "Winning the AI Race" Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters The Trump administration on Friday issued a legislative framework for a single national policy on artificial intelligence , aiming to create uniform safety and security guardrails around the nascent technology while preempting...
U.S. President Donald Trump delivers remarks on artificial intelligence at the "Winning the AI Race" Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters The Trump administration on Friday issued a legislative framework for a single national policy on artificial intelligence , aiming to create uniform safety and security guardrails around the nascent technology while preempting states from enacting their own AI rules. The six-pronged outline broadly proposes a slew of regulations on AI products and infrastructure, ranging from implementing new child-safety rules to standardizing the permitting and energy use of AI data centers. It also calls on Congress to address thorny issues surrounding intellectual-property rights and craft rules "preventing AI systems from being used to silence or censor lawful political expression or dissent." The administration said in an official release that it wants to work with Congress "in the coming months" to convert its framework into a bill that President Donald Trump can sign. The White House wants to codify the framework into law this year" and believes it can generate bipartisan support, Michael Kratsios, director of White House Office of Science and Technology Policy, said in an interview with Fox News on Thursday evening. That won't be easy in a deeply divided Congress where Republicans hold thin and often fractious majorities, and where Trump has already urged GOP lawmakers to prioritize his controversial voter-ID bill above all else ahead of the November midterms. The Senate has spent much of this week debating the SAVE America Act even though it doesn't have the votes to clear the chamber. Amid rapidly growing concerns about AI and its impacts, lawmakers in New York, California and elsewhere have pushed to enact their own state-level regulations. AI industry leaders have strongly opposed those efforts, arguing that a "patchwork" of laws would hobble innovation and give global competitors like China a major...
Check out the companies making headlines this week: Lemonade (NYSE:LMND): Digital insurance provider Lemonade (NYSE:LMND) rose by 16.4% on Tuesday after Morgan Stanley upgraded the stock to Overweight from Equalweight, citing the company's partnership with Tesla to offer auto insurance. See our full article here. Is now the time to buy Lemonade? Access our full analysis report here, it's free. Coh...
Check out the companies making headlines this week: Lemonade (NYSE:LMND): Digital insurance provider Lemonade (NYSE:LMND) rose by 16.4% on Tuesday after Morgan Stanley upgraded the stock to Overweight from Equalweight, citing the company's partnership with Tesla to offer auto insurance. See our full article here. Is now the time to buy Lemonade? Access our full analysis report here, it's free. Coherent (NYSE:COHR): Materials and photonics company Coherent (NYSE:COHR) rose by 6.9% on Wednesday after Stifel raised its price target on the stock, citing the company's strong position to benefit from the buildout of AI datacenters. See our full article here. Is now the time to buy Coherent? Access our full analysis report here, it's free. Restaurant Brands (NYSE:QSR): Fast-food company Restaurant Brands (NYSE:QSR) rose by 3.2% on Monday after a significant drop in crude oil prices helped to ease inflation worries. See our full article here. Is now the time to buy Restaurant Brands? Access our full analysis report here, it's free. Academy Sports (NASDAQ:ASO): Sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO) rose by 2.1% on Wednesday after the stock rebounded following the previous day's sharp sell-off, as investors looked past a quarterly earnings miss to focus on the company's positive full-year outlook and a dividend increase. See our full article here. Is now the time to buy Academy Sports? Access our full analysis report here, it's free. Getty Images (NYSE:GETY): Visual content marketplace Getty Images (NYSE:GETY) rose by 9.9% on Tuesday after investors looked past a mixed fourth-quarter earnings report to focus on a significant revenue beat. See our full article here. Is now the time to buy Getty Images? Access our full analysis report here, it's free.
bgwalker/iStock Unreleased via Getty Images Thanks to the return of its popular Chicken al Pastor, Chipotle Mexican Grill ( CMG ) saw improved traffic in the first quarter, with further comparable same-restaurant growth as 2026 progresses, earning an upgrade to Outperform at Mizuho with an 8% bump to its price target. “We view the current comp trajectory as a positive inflection, one investors are...
bgwalker/iStock Unreleased via Getty Images Thanks to the return of its popular Chicken al Pastor, Chipotle Mexican Grill ( CMG ) saw improved traffic in the first quarter, with further comparable same-restaurant growth as 2026 progresses, earning an upgrade to Outperform at Mizuho with an 8% bump to its price target. “We view the current comp trajectory as a positive inflection, one investors are unlikely to ignore with focus turning to a number of ongoing [same store sales] growth initiatives,” Mizuho’s Nick Setyan said in a note to clients on Friday. The firm’s internal checks imply first-quarter same-store sales (SSS) will increase above the 1.1% consensus estimates with March pointing to traffic above Q2 consensus. Accordingly, Setyan raises his Q1 SSS growth to flat from a prior estimate of down 0.4%, while his 1.5% Q2 estimate is more than double the consensus estimate. “The return of Chicken al Pastor was the primary traffic driver, followed by successful promotions and digital growth,” he adds. Importantly, Setyan sees Chipotle’s ( CMG ) year-long cycle of lower margin revisions is almost at an end. While there is probably one final—and relatively small—margin revision expected given less than 1% check growth and commodity and labor inflation, the risk is now well understood by investors. “Following this revision, we expect unit-level margin expansion to resume in 2027 as menu pricing and SSS growth normalize,” Setyan says. Mizuho’s upgrade to Outperform from Neutral is giving shares a modest boost at Friday’s open, bucking the trend of broader market weakness. More on Chipotle Mexican Grill Chipotle Mexican Grill Doesn't Taste As Good These Days (Rating Downgrade) Chipotle: Not Enough Value On The Menu Or In The Stock Chipotle: A Tough Hill To Climb, No Growth Expected In 2026 (Downgrade) Dutch Bros, Chipotle, Wingstop, and First Watch top BofA's restaurant list SA analyst upgrades/downgrades: SMCI, ETSY, WDC, CMG
The final act of a traditional England away Ashes is about to play out. Hounded by the press from the moment the wheels touch down in Australia. Lose in Perth, lose in Brisbane, surrender the series before Christmas. Drink too much. Then comes the review. It leads to this: administrators gathering at Lord's in the spring to tell us where it all went wrong, what they have learned and what they will...
The final act of a traditional England away Ashes is about to play out. Hounded by the press from the moment the wheels touch down in Australia. Lose in Perth, lose in Brisbane, surrender the series before Christmas. Drink too much. Then comes the review. It leads to this: administrators gathering at Lord's in the spring to tell us where it all went wrong, what they have learned and what they will do better next time. England and Wales Cricket Board (ECB) chief executive Richard Gould and director of cricket Rob Key have got some 'splainin' to do on Monday. "Review" was the word Gould used in January. In the lexicon of English cricket, a review usually means a raft of sackings, a meaty document and blaming county cricket. This time is different. There will not be a 'ta-da', with white smoke rising across St John's Wood. England cannot blame county cricket, because they largely ignored it anyway. They can't rip up the domestic structure, because that was voted on last year. No one will be sacked. Instead, Gould, Key, coach Brendon McCullum, Test captain Ben Stokes, ECB chair Richard Thompson and everyone else connected to the England team will look inwards, realise they are all collectively to blame and decide they will stick together. They have been confronted with mistakes they could have spotted in November, and certainly would have been aware of by January. England's Ashes coaching staff was too skinny and they got key selection decisions wrong. Their preparation was inadequate and their relaxed approach was brutally exposed by the relentless Australians. Fixing these problems is relatively straightforward and would not have required lengthy discussion. England brought in a fielding coach for the white-ball tour of Sri Lanka and part of the T20 World Cup. A full-time appointment, along with a substantive fast-bowling coach, would beef up McCullum's backroom. Luke Wright has stepped down as selector of his own accord and the advertisement to replace his £115k-a-ye...
(RTTNews) - Stock of Super Micro Computer, Inc. (SMCI) is falling around 26 percent on Friday morning trading after the company said that it was informed that the U.S. Attorney's Office for the Southern District of New York has unsealed an indictment against three individuals linked to the company over an alleged conspiracy to violate export-control laws. The company's stock is currently trading a...
(RTTNews) - Stock of Super Micro Computer, Inc. (SMCI) is falling around 26 percent on Friday morning trading after the company said that it was informed that the U.S. Attorney's Office for the Southern District of New York has unsealed an indictment against three individuals linked to the company over an alleged conspiracy to violate export-control laws. The company's stock is currently trading at $22.69, down 26.21 percent or $8.09, over the previous close of $30.79 on the Nasdaq. It has traded between $21.85 and $62.36 in the past one year. The company stated that it has placed the two employees on administrative leave and terminated its relationship with the contractor, effective immediately. Additionally, it emphasized that Super Micro Computer is not named as a defendant in the case. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
During this time of economic uncertainty, many Americans are worried about their job security and with that, whether they'll be able to save money or retire at all. On this episode of the Everybody’s Business podcast, Yale Budget Lab economist Martha Gimbel tells Stacey Vanek Smith and Max Chafkin why she still prefers to live in the US. (Source: Bloomberg)
During this time of economic uncertainty, many Americans are worried about their job security and with that, whether they'll be able to save money or retire at all. On this episode of the Everybody’s Business podcast, Yale Budget Lab economist Martha Gimbel tells Stacey Vanek Smith and Max Chafkin why she still prefers to live in the US. (Source: Bloomberg)
It’s the big question on the minds of many tech investors these days: Is Nvidia (NASDAQ:NVDA) stock a value play as it’s stuck going sideways? Or is it time to stay away as investors shy away from the AI trade as a whole? Undoubtedly, if you go by price-to-earnings (P/E), Nvidia looks like an absolute ... Is NVIDIA Really a “Value Stock” at Under $200?
It’s the big question on the minds of many tech investors these days: Is Nvidia (NASDAQ:NVDA) stock a value play as it’s stuck going sideways? Or is it time to stay away as investors shy away from the AI trade as a whole? Undoubtedly, if you go by price-to-earnings (P/E), Nvidia looks like an absolute ... Is NVIDIA Really a “Value Stock” at Under $200?
Michael Darda of Roth Capital says the bond markets have priced out any Fed easing that was expected a few months ago. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Michael Darda of Roth Capital says the bond markets have priced out any Fed easing that was expected a few months ago. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
bjdlzx/E+ via Getty Images Intuitive Machines ( LUNR ) reported fourth-quarter earnings before market open on Thursday amidst a significant run-up over the last few months as investor optimism increases regarding the company's prospects in the new space race. In that vein, FY2026 is shaping up to be a transformative year for the company and stock. Data by YCharts In my last piece on LUNR back in D...
bjdlzx/E+ via Getty Images Intuitive Machines ( LUNR ) reported fourth-quarter earnings before market open on Thursday amidst a significant run-up over the last few months as investor optimism increases regarding the company's prospects in the new space race. In that vein, FY2026 is shaping up to be a transformative year for the company and stock. Data by YCharts In my last piece on LUNR back in December, I discussed the stock's recent surge and that it may be just the beginning as revenue and backlog accelerate. I re-iterated a Buy on the stock and it has since risen by 15%. That article can be read here . Despite experiencing some significant volatility in recent weeks as the war in Iran adds to market uncertainty, shares have held up fairly well and remain up 133% in the last 12 months. Let's start with a quick recap of Q4 2025 results : Intuitive Machines Q4 2025 Earnings Presentation Revenue came in at $44.8 million, down YoY and QoQ as lumpy contracts pushed the metric down despite a steadily building backlog and strong future sales projections. Gross margin came in at 19% in the quarter, which is an improvement YoY and continues the company's march towards profitability. Intuitive Machines Q4 2025 Earnings Presentation On that note, the company's adjusted loss increased in Q4, but Intuitive Machines burned 17% less in free cash flow YoY for the fiscal year and expects a substantial jump in revenue in 2026 that should provide economies of scale and an eventual positive adjusted EBITDA margin. In sum, the company recorded $210 million in revenue for FY2025 and, as of February 28th, 2026, holds $272 million in cash, including the $175 million equity offering and minus the Lanteris acquisition costs. As a whole, these numbers were fairly unimpressive. However, nobody investing in LUNR was expecting fireworks in 2025 -- they're expecting to see rapid growth in the future as the ongoing space race heats up, and on that front Intuitive Machines impressed. The compan...