Stephen Schork, principal and editor at The Schork Group, discusses the amount of oil lost on the global market so far from what he calls an “effective blockade” of the Strait of Hormuz. (Source: Bloomberg)
Stephen Schork, principal and editor at The Schork Group, discusses the amount of oil lost on the global market so far from what he calls an “effective blockade” of the Strait of Hormuz. (Source: Bloomberg)
Brian Armstrong and CZ argued on March 9 that AI agents could become major transaction-makers, with crypto emerging as the most natural payment rail. Coinbase ...
Brian Armstrong and CZ argued on March 9 that AI agents could become major transaction-makers, with crypto emerging as the most natural payment rail. Coinbase ...
Trump gives mixed signals on Iran war. And, how Epstein built ties to scientists Good morning. You're reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today's top stories President Trump said yesterday that the U.S. has begun striking Iran's drone facilities and locations where Iranian...
Trump gives mixed signals on Iran war. And, how Epstein built ties to scientists Good morning. You're reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today's top stories President Trump said yesterday that the U.S. has begun striking Iran's drone facilities and locations where Iranian missiles are made and delivered. Trump provided this update at a press conference where he answered reporters' questions for the first time since the U.S. and Israel attacked Iran. The president gave contradictory messaging throughout the day, sometimes suggesting the war's end was near and other times that it was not. toggle caption Roberto Schmidt/Getty Images 🎧 Rather than discuss unconditional surrender or regime change , Trump compared the situation in Iran to Venezuela, where the regime stays in place, but the leader changes, NPR's Mara Liasson tells Up First. But Liasson says Iran is very different from Venezuela, which is a small, weak country in the U.S.' backyard. She adds that the president didn't give answers when pressed about whether not pushing for regime change meant he was betraying his promise to give Iranians their freedom. Iran's biggest objective is currently survival, Liasson says. They want to make it uncomfortable for the U.S and Israel to continue the war. Iran wants the price of staying in the region to be high, and Liasson says this means they want to keep gas prices high. With U.S. oil prices nearing $4 per gallon, continuing the war could become increasingly more challenging for Trump. , Trump compared the situation in Iran to Venezuela, where the regime stays in place, but the leader changes, NPR's Mara Liasson tells Up First. But Liasson says Iran is very different from Venezuela, which is a small, weak country in the U.S.' backyard. She adds that the president didn't give answers when pressed about whether not pushing for regime change meant...
(RTTNews) - Skanska AB (SKA-B.ST, SKSBF, SKBSY), a Swedish construction and development company, on Tuesday said it signed a contract with an existing client to build a new data center in the U.S. valued at $191 million, or about SEK 1.7 billion. The construction is scheduled to begin in the first quarter of 2026 and is expected to be completed in the third quarter of 2027. The order will be inclu...
(RTTNews) - Skanska AB (SKA-B.ST, SKSBF, SKBSY), a Swedish construction and development company, on Tuesday said it signed a contract with an existing client to build a new data center in the U.S. valued at $191 million, or about SEK 1.7 billion. The construction is scheduled to begin in the first quarter of 2026 and is expected to be completed in the third quarter of 2027. The order will be included in the company's U.S. order bookings for the first quarter of 2026. The project includes construction of the data center building shell and interior fit-out for technical spaces, support areas, and office functions. Skanska AB is currently trading 3.41% higher at SEK 263.60 on the Stockholm 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.
Chinese electric-vehicle maker Nio Inc. reported its first ever quarterly profit, a milestone that follows a decade of cash burn but coincides with an increasingly shaky demand outlook. The Shanghai-based automaker reported profit from operations of 807.3 million yuan ($115 million) for the December quarter, marking a stark contrast to the 6 billion yuan loss recorded in the same period a year ear...
Chinese electric-vehicle maker Nio Inc. reported its first ever quarterly profit, a milestone that follows a decade of cash burn but coincides with an increasingly shaky demand outlook. The Shanghai-based automaker reported profit from operations of 807.3 million yuan ($115 million) for the December quarter, marking a stark contrast to the 6 billion yuan loss recorded in the same period a year earlier. Revenue climbed 76% to 34.65 billion yuan in the quarter, beating analyst estimates. Adjusted net profit reached 726.8 million yuan. Vehicle margins, a key barometer of production efficiency and pricing power, rose to 18.1% from 13.1% a year prior. The results provide much-needed validation for the company, whose high capital requirements and focus on the middle-class market have drawn repeated skepticism. Nio’s widening of its target market with the mass-market Onvo brand and the compact Firefly line, alongside its popular premium brand, shows the company’s progress to the scale required to make its business model sustainable. “The competitiveness of our products across three brands was widely recognized within their respective market segments,” said William Li , the company’s chief executive officer in its earnings statement. “We will continue to invest decisively in our twelve full-stack core technologies, launch new models, enhance the commercial and operational capabilities of our battery swapping and charging network, and continue upgrading our sales and service network.” The quarter was underpinned by record deliveries of 124,807 vehicles, up more than 70% from a year earlier as sales of the Onvo L60 and L90 sport utility vehicles surged. While the core Nio brand mainly sells at a premium price point of above 300,000 yuan, the sub-brands allow the company to compete more aggressively in the 100,000 yuan to 250,000 yuan segment, the most contested part of the Chinese market. Nio expects to deliver up to 83,000 vehicles in the current period, which would almost d...
Listen to the best of BBC Radio Merseyside on Sounds and follow BBC Merseyside on Facebook, X, and Instagram. You can also send story ideas via Whatsapp to 0808 100 2230.
Listen to the best of BBC Radio Merseyside on Sounds and follow BBC Merseyside on Facebook, X, and Instagram. You can also send story ideas via Whatsapp to 0808 100 2230.
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: Pentagon blacklisting: Anthropic fires back at the Department of War over its 'supply chain risk' designation in a case that will set precedent for AI use restrictions . Still volatile: Crude oil is back in the $80...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: Pentagon blacklisting: Anthropic fires back at the Department of War over its 'supply chain risk' designation in a case that will set precedent for AI use restrictions . Still volatile: Crude oil is back in the $80s as Trump weighs a Strait of Hormuz takeover , easing Russian sanctions , and getting rid of the Jones Act . Air taxis: Archer Aviation ( ACHR ) takes another major step forward toward eVTOL deployment in the U.S. , but it files a countersuit targeting Joby Aviation ( JOBY ). Screen time Who's the biggest media company on the planet? The answer might surprise some, as it is no longer a Hollywood giant, with the tech world converging on the sector and Alphabet's ( GOOGL ) YouTube emerging as the largest player there. Flashback: Some might remember the early fights battled on the Internet when Google Video was a separate tab on the search platform. Google ( GOOGL ) would go on to scoop up rival YouTube for $1.65B in 2006 and later incorporate the streamer into its operations as a separate subsidiary. It now logs trillions of views per year and has become the dominant force of the media landscape, expanding into music, podcasts, TV, sports, live entertainment, and more. "YouTube's $62B in full year 2025 revenues slightly exceeded Disney Media's ( DIS ) $60.9B to claim the top prize," according to research compiled by MoffettNathanson. "In a world filled with business model concerns, YouTube’s global scale and innovative offerings create an uncommonly high moat... YouTube is 50% larger than Netflix ( NFLX ) its nearest rival... Over the next few years, unlike almost any other asset we cover, we strongly believe that YouTube will be a major beneficiary of both the structural tailwinds and headwinds facing technology and media companies." Valuation: If YouTube were to be spun of...
Custom Truck One press release ( CTOS ): Q4 GAAP EPS of $0.09 beats by $0.02 . Revenue of $528.18M (+1.4% Y/Y) misses by $56.58M . Quarterly Adjusted EBITDA of $120.7 million, an increase of $18.7 million or 18.4%, compared to the fourth quarter of 2024. Quarterly average OEC on rent increased by $165.9 million, or 13.7%, compared to the fourth quarter of 2024. Fleet utilization of 83.6% (highest ...
Custom Truck One press release ( CTOS ): Q4 GAAP EPS of $0.09 beats by $0.02 . Revenue of $528.18M (+1.4% Y/Y) misses by $56.58M . Quarterly Adjusted EBITDA of $120.7 million, an increase of $18.7 million or 18.4%, compared to the fourth quarter of 2024. Quarterly average OEC on rent increased by $165.9 million, or 13.7%, compared to the fourth quarter of 2024. Fleet utilization of 83.6% (highest in nearly three years). Sales order backlog ended the year at $335.3 million, up $55.5 million sequentially. 2026 Consolidated Outlook Revenue $2,005 million — $2,120 million vs. consensus of $2.10B Adjusted EBITDA 1, 4 $410 million — $435 million 2026 Revenue Outlook by Segment ERS $725 million — $760 million TES $1,125 million — $1,200 million APS $155 million — $160 million Click to enlarge More on Custom Truck One Seeking Alpha’s Quant Rating on Custom Truck One Historical earnings data for Custom Truck One Financial information for Custom Truck One
fonseca_nuno/iStock via Getty Images Past Coverage - Seems I Was Right In an effort to not sound too snobbish, I covered FuelCell Energy ( FCEL ) the last time back in December of last year. The stock has considerably underperformed the S&P 500 since then, so my Sell rating seems to have been well placed. Stock Price Since Last Coverage (Seeking Alpha) With the company now having released their Q1...
fonseca_nuno/iStock via Getty Images Past Coverage - Seems I Was Right In an effort to not sound too snobbish, I covered FuelCell Energy ( FCEL ) the last time back in December of last year. The stock has considerably underperformed the S&P 500 since then, so my Sell rating seems to have been well placed. Stock Price Since Last Coverage (Seeking Alpha) With the company now having released their Q1 2026 report , I think my initial thesis still stands. The company still posted steep net losses, and although it beat estimates , it's nothing to cheer about, I think. Even though revenues grew at 60% YoY, it still missed by $11 million and came in below $31 million for the quarter. For a company valued at around $350 million, I think the valuation still looks unattractive, and management hasn't given me a lot of faith they can turn this ship around and be a winner. The initial stock price reaction was negative, with shares down over 4.5% at the time I'm writing this. Quick Company Recap In the core FCEL is an electrochemical technology company selling a platform of sorts, a platform which basically takes the natural gas inputs, and transforms that into electricity and then is able to capture a large portion of the carbon emissions from this process. Because of the relatively small size and in theory high scalability FCEL could rapidly be deployed along sites where companies are building data centers. Because I have covered the stock before, I'll reference the company and the tech above here from my original article . Some competitors against the company would include Bloom Energy ( BE ). This is a company that has done phenomenally well compared to FCEL over the past 12 months, with shares up some 560%. Much like FuelCell, it uses stationary power generation, but it has a much larger market share in the commercial "microgrid" space compared to FCEL. It's still unprofitable but shows far less dilution than FCEL on top of having a better balance sheet with $2.4 billion in c...
(RTTNews) - ABM Industries Inc (ABM) released a profit for first quarter that Drops, from last year The company's earnings came in at $38.8 million, or $0.64 per share. This compares with $43.6 million, or $0.69 per share, last year. Excluding items, ABM Industries Inc reported adjusted earnings of $50.4 million or $0.83 per share for the period. The company's revenue for the period rose 6.1% to $...
(RTTNews) - ABM Industries Inc (ABM) released a profit for first quarter that Drops, from last year The company's earnings came in at $38.8 million, or $0.64 per share. This compares with $43.6 million, or $0.69 per share, last year. Excluding items, ABM Industries Inc reported adjusted earnings of $50.4 million or $0.83 per share for the period. The company's revenue for the period rose 6.1% to $2.244 billion from $2.115 billion last year. ABM Industries Inc earnings at a glance (GAAP) : -Earnings: $38.8 Mln. vs. $43.6 Mln. last year. -EPS: $0.64 vs. $0.69 last year. -Revenue: $2.244 Bln vs. $2.115 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Esperion Therapeutics (ESPR) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to a loss of $0.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.38%. A quarter ago, it was expected that this biopharmaceutical company would post a loss of $0...
Esperion Therapeutics (ESPR) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to a loss of $0.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.38%. A quarter ago, it was expected that this biopharmaceutical company would post a loss of $0.09 per share when it actually produced a loss of $0.16, delivering a surprise of -77.78%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Esperion Therapeutics, which belongs to the Zacks Medical - Drugs industry, posted revenues of $168.45 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.90%. This compares to year-ago revenues of $69.11 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Esperion Therapeutics shares have lost about 17.8% since the beginning of the year versus the S&P 500's decline of 0.7%. What's Next for Esperion Therapeutics? While Esperion Therapeutics has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of...
Wall Street futures pointed modestly higher pre-bell Tuesday as traders mulled easing crude oil pric Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
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(RTTNews) - Kohl`s Corp. (KSS) announced earnings for its fourth quarter that Increases, from last year The company's bottom line came in at $125 million, or $1.07 per share. This compares with $48 million, or $0.43 per share, last year. Excluding items, Kohl`s Corp. reported adjusted earnings of $125 million or $1.07 per share for the period. The company's revenue for the period fell 4.2% to $5.1...
(RTTNews) - Kohl`s Corp. (KSS) announced earnings for its fourth quarter that Increases, from last year The company's bottom line came in at $125 million, or $1.07 per share. This compares with $48 million, or $0.43 per share, last year. Excluding items, Kohl`s Corp. reported adjusted earnings of $125 million or $1.07 per share for the period. The company's revenue for the period fell 4.2% to $5.173 billion from $5.397 billion last year. Kohl`s Corp. earnings at a glance (GAAP) : -Earnings: $125 Mln. vs. $48 Mln. last year. -EPS: $1.07 vs. $0.43 last year. -Revenue: $5.173 Bln vs. $5.397 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Willis Lease Finance press release ( WLFC ): Q4 GAAP EPS of $1.52. Revenue of $193.62M (+26.7% Y/Y). More on Willis Lease Finance Willis Lease Finance, Bnccorp, And California First Leasing Updates Willis Lease Finance: Shift To Asset-Light Model Should Drive Shares Higher Chris DeMuth Jr. Shares Some Stock Picks Willis Lease Finance partners with Blackstone Credit & Insurance Will Lease Finance u...
Willis Lease Finance press release ( WLFC ): Q4 GAAP EPS of $1.52. Revenue of $193.62M (+26.7% Y/Y). More on Willis Lease Finance Willis Lease Finance, Bnccorp, And California First Leasing Updates Willis Lease Finance: Shift To Asset-Light Model Should Drive Shares Higher Chris DeMuth Jr. Shares Some Stock Picks Willis Lease Finance partners with Blackstone Credit & Insurance Will Lease Finance unit prices $393M fixed rate notes.
Shares of Rigetti Computing (RGTI +3.56%) fell last week after the company failed to meet modest revenue expectations in its most recent quarter. Rigetti is one of a handful of quantum computing stocks that have caught the attention of investors. While the stock's post-earnings decline sent its shares down more than 25% year to date, its shares are still up 78% over the past year, as of this writi...
Shares of Rigetti Computing (RGTI +3.56%) fell last week after the company failed to meet modest revenue expectations in its most recent quarter. Rigetti is one of a handful of quantum computing stocks that have caught the attention of investors. While the stock's post-earnings decline sent its shares down more than 25% year to date, its shares are still up 78% over the past year, as of this writing. With the company struggling to generate any meaningful revenue, the question is whether investors should buy the dip or avoid the stock. Technological struggles One of the biggest technological issues facing quantum computing is that the technology is error-prone. Because quantum computing uses qubits, which aren't in fixed positions like the bits found in classical computing, it is much more sensitive to outside sources, which can cause errors. While quantum computing companies have been making strides in reducing error rates, one company that has struggled in this area is Rigetti. In January, the company had to delay the shipments of its Cepheus-1-108Q quantum computer due to technical issues. It now expects to deploy the system with 99.5% median two-qubit gate fidelity later this month. It also announced that it has reached 99.9% two-qubit fidelity; however, that trails its competitors, with IonQ, for example, achieving 99.99% two-qubit fidelity. While that may not sound like a big difference, it is actually quite substantial in the world of computing. With its struggles, Rigetti saw its revenue fall 17% to just $1.9 million. That fell short of the $2.3 million analyst consensus. Meanwhile, its gross margins fell from 44% to 35%, and its operating expenses climbed 19% to $23.2 million. This led to an operating loss of $22.6 million. Its adjusted net loss came in at $11.3 million, or $0.03 a share, helped by higher interest income. Looking ahead, the company should see stronger revenue in 2026, fueled by recent orders. It sold two of its Novera systems for $5.7 millio...
Key Points RIgetti saw its revenue slip in Q4, while it has also dealt with technical issues. The company trades at an outrageous valuation despite trailing in the quantum race. 10 stocks we like better than Rigetti Computing › Shares of Rigetti Computing (NASDAQ: RGTI) fell last week after the company failed to meet modest revenue expectations in its most recent quarter. Rigetti is one of a handf...
Key Points RIgetti saw its revenue slip in Q4, while it has also dealt with technical issues. The company trades at an outrageous valuation despite trailing in the quantum race. 10 stocks we like better than Rigetti Computing › Shares of Rigetti Computing (NASDAQ: RGTI) fell last week after the company failed to meet modest revenue expectations in its most recent quarter. Rigetti is one of a handful of quantum computing stocks that have caught the attention of investors. While the stock's post-earnings decline sent its shares down more than 25% year to date, its shares are still up 78% over the past year, as of this writing. With the company struggling to generate any meaningful revenue, the question is whether investors should buy the dip or avoid the stock. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Technological struggles One of the biggest technological issues facing quantum computing is that the technology is error-prone. Because quantum computing uses qubits, which aren't in fixed positions like the bits found in classical computing, it is much more sensitive to outside sources, which can cause errors. While quantum computing companies have been making strides in reducing error rates, one company that has struggled in this area is Rigetti. In January, the company had to delay the shipments of its Cepheus-1-108Q quantum computer due to technical issues. It now expects to deploy the system with 99.5% median two-qubit gate fidelity later this month. It also announced that it has reached 99.9% two-qubit fidelity; however, that trails its competitors, with IonQ, for example, achieving 99.99% two-qubit fidelity. While that may not sound like a big difference, it is actually quite substantial in the world of computing. With its struggles, Rigetti saw its revenue fall 17% to just $1.9 million. ...
Andy/iStock via Getty Images CRISPR Therapeutics ( CRSP ) plans to offer $350M aggregate principal amount of its convertible senior notes due 2031 in a private offering. The company also expects to grant the initial purchasers a 13-day option to purchase up to an additional $52.5M aggregate principal amount of the notes. The notes will accrue interest payable semiannually and will mature on March ...
Andy/iStock via Getty Images CRISPR Therapeutics ( CRSP ) plans to offer $350M aggregate principal amount of its convertible senior notes due 2031 in a private offering. The company also expects to grant the initial purchasers a 13-day option to purchase up to an additional $52.5M aggregate principal amount of the notes. The notes will accrue interest payable semiannually and will mature on March 1, 2031, unless earlier converted, redeemed, or repurchased. The biopharmaceutical company plans to use the net proceeds from the offering for general corporate purposes. CRSP shares fell -6.5% premarket to $54.94. More on CRISPR Therapeutics Is A Vertex Buyout Of Crispr Therapeutics Inevitable? Here's My Take Crispr Therapeutics: Very High Risk, But Even Higher Potential Reward CRISPR Therapeutics AG (CRSP) Presents at Citi's 2026 Virtual Oncology Leadership Summit Transcript Key deals this week: KORE, TopBuild, Equinix, PayPal and more Crispr Therapeutics gains amid takeover speculation