anyaberkut/iStock via Getty Images The nearly perfect inverse correlation between oil prices and the S&P 500 continued yesterday, with WTI crude falling $6 to less than $94 per barrel, while the S&P 500 index rallied more than 1%. The dollar weakened, and interest rates eased, which was a welcome combination for investors. Why? Iran is allowing some ships to pass through the Strait of Hormuz, so l...
anyaberkut/iStock via Getty Images The nearly perfect inverse correlation between oil prices and the S&P 500 continued yesterday, with WTI crude falling $6 to less than $94 per barrel, while the S&P 500 index rallied more than 1%. The dollar weakened, and interest rates eased, which was a welcome combination for investors. Why? Iran is allowing some ships to pass through the Strait of Hormuz, so long as they are not our allies, which eases supply concerns. Additionally, President Trump suggested that “we have other nations coming in” to help safely reopen the waterway. Yet the response from most of the seven nations solicited for help has been underwhelming. Finviz Unfortunately, what goes around comes around, which has put President Trump in an extremely precarious position. Having spent the better part of the past year hurling insults and imposing punitive tariffs on our allies around the world, none of them feel the urge to help us secure and reopen the Strait of Hormuz. They were not consulted or informed to form a coalition in advance of the decision to attack Iran, which makes it President Trump’s war. Furthermore, European leaders are incensed that the President lifted sanctions on Russian oil, allowing Vladimir Putin to profit from the attack at a time his economy is struggling and needs capital to continue funding his invasion of Ukraine. Bloomberg In a perfect world, the Iranian regime would be overthrown and gone forever, allowing the Iranian people to rebuild their country. That seems like a remote possibility today without sending a large ground force into the country, as we did in Iraq, for a multi-month campaign. That does not have the support of Congress or the majority of Americans. This doesn’t leave many options. In the latest form of aggression, the U.S. attacked 90 military targets on Iran’s Kharg Island while avoiding the destruction of the oil infrastructure to process and export. The President has threatened to do so if Iran does not reopen t...
PTC ( NASDAQ: PTC ) announced on Tuesday a robotics design-to-simulation workflow linking its cloud-native Onshape CAD and PDM platform with NVIDIA’s Isaac Sim open simulation framework. Integration enables seamless CAD-to-physics simulation with a single source of truth, reducing engineering time and development errors. Workflow supports physical AI development through robotic training in NVIDIA ...
PTC ( NASDAQ: PTC ) announced on Tuesday a robotics design-to-simulation workflow linking its cloud-native Onshape CAD and PDM platform with NVIDIA’s Isaac Sim open simulation framework. Integration enables seamless CAD-to-physics simulation with a single source of truth, reducing engineering time and development errors. Workflow supports physical AI development through robotic training in NVIDIA Isaac Lab. Industrial automation firm FANUC America Corporation said that the integration could enable earlier simulation and faster deployment of robotic systems. Cloud-native architecture built on Amazon Web Services keeps design and simulation synchronized in real time. The company will be showcasing the workflow at NVIDIA GTC 2026 in San Jose from March 16–19. More on PTC PTC Inc. (PTC) Discusses Divestiture of Kepware and ThingWorx and Provides Updated Financial Guidance - Slideshow PTC Inc. (PTC) Discusses Divestiture of Kepware and ThingWorx and Provides Updated Financial Guidance Transcript PTC Inc. (PTC) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript PTC outlines $1.1B–$1.3B share repurchases in fiscal 2026 as deferred ARR accelerates growth PTC Non-GAAP EPS of $1.92 beats by $0.36, revenue of $686M beats by $51.67M
Canadian subprime lender Goeasy Ltd. disclosed hundreds of millions of dollars in loan losses last week, sending its stock plunging. For Victor Bonilla , who had warned about the risks tied to the company’s financing business in September, it was time for a victory lap. Bonilla, the short seller at Florida-based Jehoshaphat Research firm, called out Goeasy, saying it was holding C$300 million ($21...
Canadian subprime lender Goeasy Ltd. disclosed hundreds of millions of dollars in loan losses last week, sending its stock plunging. For Victor Bonilla , who had warned about the risks tied to the company’s financing business in September, it was time for a victory lap. Bonilla, the short seller at Florida-based Jehoshaphat Research firm, called out Goeasy, saying it was holding C$300 million ($219 million) in improperly delayed credit losses and had unreported delinquencies buried in the balance sheet. Now after the company’s latest update, Bonilla is striking a positive tone: “My impression is that they’ve come clean about it.” It’s been a prescient call, albeit months in the making. Goeasy shares took a leg lower after Bonilla published his bearish note in September. While the lender denied the claims at the time and reaffirmed its outlook, the stock took another hit in November after the company missed analyst estimates in the third quarter amid higher-than-expected loan-loss provisions. Then shares sank 57% last Tuesday, after Goeasy disclosed C$331 million in net charge-offs for the fourth quarter, including C$233 million in write-downs tied to consumer loans, interest and fees from its LendCare Holdings unit. The firm also announced an overhaul that would revise past disclosures of LendCare payments, a plan to stabilize the business with a focus on direct-to-lending and confirmed Felix Wu as permanent chief financial officer. All in, the stock is down more than 80% since the Jehoshaphat short report. Goeasy did not comment for this story. Bonilla said the company’s latest announcement may put it back on the right track and he’ll be watching its fourth-quarter results on March 25. “The new management team has come out and I think they’ve said: ‘We’ve got to clean up this mess, we’ve got to begin the process of reestablishing credibility with the market.’ And I think they’re doing that,” Bonilla said in an interview. Goeasy said in the update last week it now e...
Alexander Sikov Ichor Holdings ( ICHR ) shares rose 2% in premarket trading on Tuesday as Stifel upgraded the semiconductor equipment firm to Buy, citing “renewed confidence” in its ability to expand gross margins. “Exiting last year, we expected 2026 would be a transitional year for Ichor,” analyst Brian Chin wrote in a note to clients. “Yet it has subsequently become clear that cyclical business...
Alexander Sikov Ichor Holdings ( ICHR ) shares rose 2% in premarket trading on Tuesday as Stifel upgraded the semiconductor equipment firm to Buy, citing “renewed confidence” in its ability to expand gross margins. “Exiting last year, we expected 2026 would be a transitional year for Ichor,” analyst Brian Chin wrote in a note to clients. “Yet it has subsequently become clear that cyclical business conditions are not only strengthening, but accelerating.” Chin, who also upped his price target on Ichor to $55 from $30, said that recent decisions from CEO Phil Barros should lead to an increase in gross margins in both the near and medium terms. “As previously noted, we expect Ichor revenue to grow at least in lockstep with its top customers, with lithography and non-semi (SpaceX) growth vectors also augmenting the growth outlook from 2H26 onward,” Chin added. “Concurrently, we see several tailwinds combining to drive 250-300bps of GM expansion in 2H26 including: internal content ramp, volume and mix. Further out in CY27, as our new estimates reflect, we see headroom for revenue momentum and GM expansion to sustain, retesting/surpassing prior CY22 peak levels.” “Based on our improved conviction in the company’s revenue and margin trajectory, we now expect Ichor to retest/surpass prior peak revenue/GM levels in CY27, and drive key strategic initiatives to position Ichor as a more critical, higher-value supplier,” China wrote. More on Ichor Holdings Ichor Holdings, Ltd. (ICHR) Presents at Stifel 2026 NYC Technology One-on-One Conference - Slideshow Ichor Expanding Production In Anticipation Of The Cyclical Swing Ichor Holdings, Ltd. (ICHR) Q4 2025 Earnings Call Transcript Ichor Holdings stock jumps on strong Q4 results and positive Q1 outlook Ichor projects double-digit sequential revenue growth and margin expansion through 2026 as global footprint realignment advances
Orion Energy Systems ( OESX ) said on Tuesday its Orion/Voltrek division has begun work on multiple electric vehicle charging infrastructure deployments valued at about $10 million. The company said the projects include installation of more than 80 charging stations for enterprise customers across several U.S. regions, spanning the Northeast, South Carolina and California. Orion added the deployme...
Orion Energy Systems ( OESX ) said on Tuesday its Orion/Voltrek division has begun work on multiple electric vehicle charging infrastructure deployments valued at about $10 million. The company said the projects include installation of more than 80 charging stations for enterprise customers across several U.S. regions, spanning the Northeast, South Carolina and California. Orion added the deployments include Level 2 and DC fast chargers, along with related hardware and project management services for customers and partner networks in multiple states. Source: Press Release More on Orion Energy Systems Orion Energy Systems, Inc. (OESX) Q3 2026 Earnings Call Transcript Orion Energy Systems targets $95–97M revenue in FY 2027 while expanding electrical infrastructure initiatives Orion Energy Systems Q3 2026 Earnings Preview Seeking Alpha’s Quant Rating on Orion Energy Systems Historical earnings data for Orion Energy Systems
(RTTNews) - Cencora, Inc. (COR), a distributor of pharma products, Tuesday announced that its Chief financial Officer and Executive Vice President, James Cleary will retire on June 30. The company said it is on the look out for a successor. Cleary will assist the search process and serve in an advisory capacity through the end of 2026 for a smooth transition. In pre-market activity, COR shares wer...
(RTTNews) - Cencora, Inc. (COR), a distributor of pharma products, Tuesday announced that its Chief financial Officer and Executive Vice President, James Cleary will retire on June 30. The company said it is on the look out for a successor. Cleary will assist the search process and serve in an advisory capacity through the end of 2026 for a smooth transition. In pre-market activity, COR shares were trading at $334.50, down 3.29% on the New York Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.