Wave of strikes came after Taliban forces attacked Pakistani border troops following earlier action from Islamabad Pakistan has bombed major cities in Afghanistan including the capital Kabul, with Islamabad’s defence minister declaring that the hostile neighbours were in a state of “open war” as a cycle of retaliatory attacks escalated further . Witnesses in Kabul and Kandahar, the southern Afghan...
Wave of strikes came after Taliban forces attacked Pakistani border troops following earlier action from Islamabad Pakistan has bombed major cities in Afghanistan including the capital Kabul, with Islamabad’s defence minister declaring that the hostile neighbours were in a state of “open war” as a cycle of retaliatory attacks escalated further . Witnesses in Kabul and Kandahar, the southern Afghan city, reported explosions and jets overhead until dawn, while the Taliban government said later that Pakistani surveillance aircraft were still flying over Afghanistan. Continue reading...
U. J. Alexander/iStock Editorial via Getty Images BASF ( BASFY ) ( BFFAF ) -2.2% in European trading Friday after warning it will need to step up cost-saving efforts , as the company faces a continuing slump in Europe's chemicals industry. BASF ( BASFY ) ( BFFAF ) said it is targeting FY 2026 adjusted EBITDA of €6.2B-€7B, compared with €6.6B in 2025, below the €7.02 analyst consensus estimate list...
U. J. Alexander/iStock Editorial via Getty Images BASF ( BASFY ) ( BFFAF ) -2.2% in European trading Friday after warning it will need to step up cost-saving efforts , as the company faces a continuing slump in Europe's chemicals industry. BASF ( BASFY ) ( BFFAF ) said it is targeting FY 2026 adjusted EBITDA of €6.2B-€7B, compared with €6.6B in 2025, below the €7.02 analyst consensus estimate listed on the company's website, and that its current cost-cutting push is not enough to counter persistently weak momentum in most major markets. "The start to the first quarter has been as challenging as expected," CEO Markus Kamieth said, citing weak sales volumes in January except in China, where results were inflated by the timing of New Year celebrations. Kamieth warned that BASF's ( BASFY ) ( BFFAF ) Q1 results may decline from a year earlier due to negative currency exchange effects and factory maintenance that requires downtime. The CEO also said BASF ( BASFY ) ( BFFAF ) now seeks to cut annual costs by €2.3B by year-end, up from €2.1B targeted previously. The weak guidance "confirmed that low cycle conditions will persist for at least the first part of the year," Bernstein analyst James Hooper wrote. BASF ( BASFY ) ( BFFAF ) also confirmed preliminary figures for 2025, including a 9.5% decline in full-year EBITDA to €6.55B and a 2.9% reduction in revenues to €59.66B. For Q4, the company swung to a net profit of €560M from a loss of €786M in the prior-year period, beating the €285M analyst consensus provided by the company, while revenues fell 5.6% Y/Y to €14.03B, in line with the €14.04B consensus. More on BASF BASF Q4 2025 Earnings Call Presentation I'm Comfortable Buying BASF Shares Here Seeking Alpha’s Quant Rating on BASF
TD Cowen says that rising passenger demand is forming a favorable earnings backdrop for Southwest Airlines . The investment firm upgraded the Dallas-based carrier to buy from hold. Analyst Tom Fitzgerald also hiked his 12-month price target by 32%, to $66 from $50, implying upside of 30% over the coming year. Shares of Southwest Airlines have surged 23% so far in 2026, and 66% over the past 12 mon...
TD Cowen says that rising passenger demand is forming a favorable earnings backdrop for Southwest Airlines . The investment firm upgraded the Dallas-based carrier to buy from hold. Analyst Tom Fitzgerald also hiked his 12-month price target by 32%, to $66 from $50, implying upside of 30% over the coming year. Shares of Southwest Airlines have surged 23% so far in 2026, and 66% over the past 12 months. LUV 1Y mountain LUV 1Y chart As a catalyst, Fitzgerald cited increasing seat demand against disciplined supply in 2026. "The industry backdrop in 2026 is playing out largely as the bulls hoped, with broad-based demand against rational supply. While we continue to prefer global full-service carriers, the rising industry tide makes it difficult to foresee negative revisions for Southwest this year," the analyst wrote Friday. Next month, the analyst expects that Southwest management will use their attendance at an investment conference to raise forward earnings guidance. Fitzgerald's own updated earnings estimate is now about 20% above consensus for 2026 and 30% above consensus for 2027, primarily driven by higher revenue assumptions rather than cost differences. Meanwhile, Southwest management expects about $1 billion of incremental earnings before interest and taxes from seating products, $650 million from baggage fees and some $350 million from cost initiatives this year. "Looking through the EBIT bridge, even a partial recovery of last year's macro headwinds layered on top of the company's initiatives implies meaningful upside," Fitzgerald added. "For now, we believe EPS revisions will remain the primary driver of the shares, with free cash flow execution in 2027 emerging as the key debate. If Southwest can deliver on its > $1bn FCF target and avoid meaningful cardholder churn, we think investor concerns will fade and upside to our estimates will remain in play."
Customers shops for fruit in a supermarket in New York on Jan. 22, 2026. Charly Triballeau | AFP | Getty Images Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday. The core producer price index, which excludes volatile food and energy prices, increased a seasonally adjusted 0.8%, more than the ...
Customers shops for fruit in a supermarket in New York on Jan. 22, 2026. Charly Triballeau | AFP | Getty Images Wholesale prices rose at a faster-than-expected pace in January, countering hopes that inflation was easing, the Bureau of Labor Statistics reported Friday. The core producer price index, which excludes volatile food and energy prices, increased a seasonally adjusted 0.8%, more than the 0.6% gain in December and well ahead of the Dow Jones consensus estimate for 0.3%. On an all-items basis, headline PPI rose 0.5%, also above the forecast for 0.3% and 0.1 percentage point more than the prior month. For the full year, core wholesale prices accelerated 3.6%, while the headline index posted a 2.9% gain. Both figures are well ahead of the Federal Reserve's 2% inflation goal and suggest that rising prices are still a factor for the U.S. economy. This is breaking news. Please refresh for updates .
In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI has closed a $110 billion funding round, a financing that's more than double the size of its last raise a year ago, which was a record for a private tech company. Amazon invested $50 billion, Nvidia invested $30...
In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI has closed a $110 billion funding round, a financing that's more than double the size of its last raise a year ago, which was a record for a private tech company. Amazon invested $50 billion, Nvidia invested $30 billion and SoftBank invested $30 billion in the round, OpenAI said in a release on Friday. The investment boosts OpenAI to a $730 billion pre-money valuation, which marks a big jump from its $500 billion valuation in a secondary financing in October. Other investors are expected to join as the round progresses, OpenAI said. "These partnerships expand our global reach, deepen our infrastructure, and strengthen our balance sheet so we can bring frontier AI to more people, more businesses, and more communities worldwide," OpenAI said. In addition to its participation in the funding round, Amazon announced a multi-year strategic partnership with OpenAI. OpenAI said it is expanding its existing $38 billion agreement with Amazon Web Services by $100 billion over the next eight years, according to a release. AWS will also serve as the exclusive third-party cloud distribution provider for OpenAI's enterprise platform Frontier, which it unveiled earlier this month. The companies said Amazon's $50 billion investment in OpenAI will start with an initial commitment of $15 billion, followed by another $35 billion "in the coming months when certain conditions are met." In the three-plus years since launching ChatPGT, OpenAI has reshaped the technology industry and defined the era of generative artificial intelligence. But the company has to keep reeling in cash in order to finance its ambitions, particularly in paying for graphics processing units and other infrastructure. Tune in at 8:40 a.m. ET as Amazon CEO Andy Jassy and OpenAI CEO Sam Altman join CNBC's "Squawk Box." Watch in real...
‘We don’t have to fight dirty to fight for change,’ said Green party’s new MP after Gorton and Denton byelection win UK politics live – latest updates Hannah Spencer, a local plumber and Green party councillor, has been elected as the party’s first MP in northern England after overturning Labour’s 13,000-vote majority in the Gorton and Denton byelection. Here is her victory speech: I didn’t grow u...
‘We don’t have to fight dirty to fight for change,’ said Green party’s new MP after Gorton and Denton byelection win UK politics live – latest updates Hannah Spencer, a local plumber and Green party councillor, has been elected as the party’s first MP in northern England after overturning Labour’s 13,000-vote majority in the Gorton and Denton byelection. Here is her victory speech: I didn’t grow up wanting to be a politician. I’m a plumber. And two weeks ago, during all this, I also qualified as a plasterer. Because even in chaos, even under pressure, I get things done. I am no different to every single person here in this constituency. I work hard. That’s what we do. Continue reading...
Surging Services Costs Spark Unexpected Surge In US Producer Prices In January US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December's +3.0%)... Source: Bloomberg Under the hood, we see a surge in Services costs (n...
Surging Services Costs Spark Unexpected Surge In US Producer Prices In January US Producer Prices came in hotter than expected in January, with the headline PPI rising 0.5% MoM (vs +0.3% exp), higher than the revised +0.4% MoM in December. This left Producer Prices up 2.9% YoY (hotter than expected but below December's +3.0%)... Source: Bloomberg Under the hood, we see a surge in Services costs (not tariff related) dominated the rise in PPI (while Energy saw deflation) Final demand services: The index for final demand services advanced 0.8% in January, the largest increase since moving up 0.9% in July 2025. Most of the January rise in prices for final demand services can be traced to margins for final demand trade services, which jumped 2.5 percent . (Trade indexes measure changes in margins received by wholesalers and retailers.) Prices for final demand transportation and warehousing services advanced 1.0 percent, while the index for final demand services less trade, transportation, and warehousing was unchanged. Product detail: Over 20% of the January increase in prices for final demand services is attributable to a 14.4% jump in margins for professional and commercial equipment wholesaling . The indexes for apparel, footwear, and accessories retailing; chemicals and allied products wholesaling; bundled wired telecommunications access services; health, beauty, and optical goods retailing; and food and alcohol retailing also moved higher. Conversely, prices for system software publishing fell 12.2 percent . The indexes for guestroom rental and for apparel wholesaling also decreased. Final demand goods: Prices for final demand goods moved down 0.3% in January, the largest decrease since falling 0.7% in March 2025. Leading the January decline, the index for final demand energy dropped 2.7 percent. Prices for final demand foods decreased 1.5 percent. In contrast, the index for final demand goods less foods and energy advanced 0.7 percent. Product detail: Nearly 80 per...
Arbor Realty Trust press release ( ABR ): Q4 Non-GAAP EPS of $0.22 beats by $0.06 . More on Arbor Realty Trust Arbor Realty: Outlook Improves As Yield Curve Steepens Arbor Realty's Huge 16% Yield: Don't Fold Yet Arbor Realty: The Worst May Be Over Arbor Realty Trust Q4 2025 Earnings Preview Most and least shorted financial stocks with up to $2B market cap
Arbor Realty Trust press release ( ABR ): Q4 Non-GAAP EPS of $0.22 beats by $0.06 . More on Arbor Realty Trust Arbor Realty: Outlook Improves As Yield Curve Steepens Arbor Realty's Huge 16% Yield: Don't Fold Yet Arbor Realty: The Worst May Be Over Arbor Realty Trust Q4 2025 Earnings Preview Most and least shorted financial stocks with up to $2B market cap
VISN misses Q4 estimates as CCS divestiture weighs on revenues, despite segment growth and upbeat 2026 sales, EBITDA outlook with WiFi 7 and DOCSIS gains.
VISN misses Q4 estimates as CCS divestiture weighs on revenues, despite segment growth and upbeat 2026 sales, EBITDA outlook with WiFi 7 and DOCSIS gains.
Shares of The RealReal ( REAL ) are rallying in Friday’s premarket trading as the growing popularity in the resale luxury space was reflected in double-digit growth in the company’s sales and gross merchandise value (GMV). The strong results led the company to set ambitious goals for FY26 and for the current quarter, all of which contributed to a 14% gain in the company’s share price Friday mornin...
Shares of The RealReal ( REAL ) are rallying in Friday’s premarket trading as the growing popularity in the resale luxury space was reflected in double-digit growth in the company’s sales and gross merchandise value (GMV). The strong results led the company to set ambitious goals for FY26 and for the current quarter, all of which contributed to a 14% gain in the company’s share price Friday morning. “2025 was a year of transformation for The RealReal,” said CEO Rati Levesque. “We surpassed the $2B mark in GMV and delivered positive adjusted EBITDA in every quarter for the first time. These defining milestones reinforce our confidence in our growth trajectory and our market leadership position.” The results also reflect the company’s use of AI to assist in identifying the highest value supply opportunities and for more accurate valuation estimates. This provides consignors with a more realistic expectation of earnings and strengthens the company’s position as a “trusted advisor.” Additionally, the company transitioned buyers into sellers more effectively. “By turning buyers into sellers, we're acquiring supply more cost effectively while deepening the loyalty of our community. We accelerated new buyer growth in Q4, and we believe it's a positive catalyst for future supply,” Levesque said on the company’s earnings call. Despite efforts by luxury brands to limit what can and cannot be sold on resellers’ websites and strict limitations how these brands can be advertised, The RealReal ( REAL ) generated 18% more sales in the final quarter of the year, as GMV increased 22%, contributing to a profit of $0.06 per share from a loss of $0.01 in the same quarter last year. This was 2 cents better than anticipated and demonstrates the appeal of second-hand – and more affordable — luxury items. Stripping out depreciation, amortization, interest expenses and taxes, The RealReal ( REAL ) earned a profit of $22M, doubling from a year earlier and resulting in a margin of 11.3% versu...
Four high-profile tech stocks have shed between 23% and 37% of their value so far in 2026, even as the Nasdaq 100 sits nearly flat on the year. Wall Street’s analyst community hasn’t followed the market lower, and the gap between where these stocks trade and where analysts think they belong has grown wide enough ... Wall Street Sees Major Upside in These 4 Beaten-Down Tech Stocks — Is the Selloff ...
Four high-profile tech stocks have shed between 23% and 37% of their value so far in 2026, even as the Nasdaq 100 sits nearly flat on the year. Wall Street’s analyst community hasn’t followed the market lower, and the gap between where these stocks trade and where analysts think they belong has grown wide enough ... Wall Street Sees Major Upside in These 4 Beaten-Down Tech Stocks — Is the Selloff Overdone?
Nine residential sites will be offered to developers in the coming financial year to provide about 6,650 flats under a Hong Kong land sale programme, after authorities highlighted the property market had stabilised in the latest budget. Combined with other land sources, such as urban redevelopment, private development and projects linked to railway properties, the potential supply of new flats is ...
Nine residential sites will be offered to developers in the coming financial year to provide about 6,650 flats under a Hong Kong land sale programme, after authorities highlighted the property market had stabilised in the latest budget. Combined with other land sources, such as urban redevelopment, private development and projects linked to railway properties, the potential supply of new flats is estimated to reach an eight-year high of about 22,580 in the 2026-27 financial year. The current...