Welcome to Edition 8.30 of the Rocket Report! As I write this week's edition, NASA's Space Launch System rocket is undergoing a second countdown rehearsal at Kennedy Space Center, Florida. The outcome of the test will determine whether NASA has a shot at launching the Artemis II mission around the Moon next month, or if the launch will be delayed until April or later. The finicky fueling line for ...
Welcome to Edition 8.30 of the Rocket Report! As I write this week's edition, NASA's Space Launch System rocket is undergoing a second countdown rehearsal at Kennedy Space Center, Florida. The outcome of the test will determine whether NASA has a shot at launching the Artemis II mission around the Moon next month, or if the launch will be delayed until April or later. The finicky fueling line for the rocket's core stage is the center of attention after a hydrogen leak cut short a practice countdown earlier this month. As always, we welcome reader submissions . If you don't want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets, as well as a quick look ahead at the next three launches on the calendar. Who is actually investing in sovereign launch? No one will supplant American and Chinese dominance in the space launch arena anytime soon, but several longtime US allies now see sovereign access to space as a national security imperative, Ars reports . Taking advantage of private launch initiatives already underway within their own borders, several middle and regional powers have approved substantial government funding for commercial startups to help them reach the launch pad. Australia, Canada, Germany, and Spain are among the nations that currently lack the ability to independently put their own satellites into orbit, but they are now spending money to establish a domestic launch industry. Others talk a big game but haven’t committed the cash to back up their ambitions. Read full article Comments
Discovering Oxford’s Norrington Room, leaning into Pancake Day sainthood and dreaming of a house just for introverts A kabillion-bedroom 17th-century manor house in Yorkshire – with a connection to Charlotte Brontë, no less! – set in 1 hectare of grounds has gone on sale for £1.15m, which means it is time to send my Utopian Living email again. This goes to a select group of friends with whom I sha...
Discovering Oxford’s Norrington Room, leaning into Pancake Day sainthood and dreaming of a house just for introverts A kabillion-bedroom 17th-century manor house in Yorkshire – with a connection to Charlotte Brontë, no less! – set in 1 hectare of grounds has gone on sale for £1.15m, which means it is time to send my Utopian Living email again. This goes to a select group of friends with whom I share the same dream: to live in a house so big that we need never leave. Continue reading...
Welcome to Going Private , Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at two billionaire brothers supporting the reconstruction drive in their Syrian homeland, growing demand to hedge hyperscaler debt, and how one tech-focused venture capital firm is still managing to reel in billions. But first, we look at Blue ...
Welcome to Going Private , Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at two billionaire brothers supporting the reconstruction drive in their Syrian homeland, growing demand to hedge hyperscaler debt, and how one tech-focused venture capital firm is still managing to reel in billions. But first, we look at Blue Owl. If you’re not already on our list, sign up here . Have feedback? Email us at goingprivate@bloomberg.net Fund blues Question marks about whether private markets can ever truly offer liquidity to retail investors are to the fore again after asset manager Blue Owl restricted withdrawals from one of its retail-focused credit funds. With trillions of dollars expected to flow into private markets from ordinary people and 401(k) funds, the latest turn of events renews concerns that mom-and-pop investors are more likely to pull money during periods of volatility, report Olivia Fishlow , Ellen DiMauro and Silas Brown. The problem for asset managers is that those redemption requests can force fire sales of assets that can be difficult to sell quickly without a deep discount. As a result, funds typically limit the amount investors can pull each quarter and set a maximum cap on withdrawal requests. There’s also a fairness element — in times of turmoil, investors who get out first can end up doing far better than those who are slower to withdraw. Initially, Blue Owl planned to merge the Blue Owl Capital Corp. II fund with a publicly-traded vehicle it also oversees. That was subsequently scrapped as some investors would have suffered losses. Facing a deadline to return cash because the fund has a finite lifespan, the asset manager decided to provide liquidity by selling a $1.4 billion loan book to investors at close to par value. Still, Blue Owl’s stock closed at the lowest since August 2023 following the announcement. Short interest in the firm rose to a record on Wednesday of more...
Welcome to the Business of Food newsletter, covering how the world feeds itself in a changing economy and climate. This week, we look at China’s dining habits during the Lunar New Year holiday. Any tips or feedback? Email food czar Agnieszka de Sousa . And if you aren’t yet signed up to receive this newsletter, please do so here . Reunion, Reheated The Lunar New Year’s Eve dinner is the most impor...
Welcome to the Business of Food newsletter, covering how the world feeds itself in a changing economy and climate. This week, we look at China’s dining habits during the Lunar New Year holiday. Any tips or feedback? Email food czar Agnieszka de Sousa . And if you aren’t yet signed up to receive this newsletter, please do so here . Reunion, Reheated The Lunar New Year’s Eve dinner is the most important reunion ritual for most families in China. It’s also come to reflect a shift in dining habits that’s shaping the food industry. Some Shanghai diners were left scrambling for refunds last week after discovering that the restaurant chain they had booked for the celebration had abruptly shut all outlets in the city. The closures underscored the mounting pressures on China’s catering sector — from the economic slowdown, persistently weak consumer spending and the consequences of price wars between food delivery platforms run by China’s tech titans. But when it comes to the New Year meals , a growing number of households, particularly younger ones, are already opting to bypass restaurants all together. They’re choosing cheaper (and less time-consuming) kits that simply need finishing off or reheating and gained traction during the pandemic. Lunar holiday dishes tend to be elaborate and expensive. Take “Buddha Jumps Over the Wall” — probably the most labor-intensive classic found only in fine‑dining restaurants. This Fujian dish can also cost more than 500 yuan ($72), and sometimes twice that when eaten out. It’s now widely available at significantly lower prices in the half‑cooked form. Indeed, the market for pre-made Lunar New Year dishes will reach 262.6 billion yuan this year — an eightfold increase from seven years ago, according to consultancy iiMedia Research. Retailers like Alibaba’s Freshippo or Walmart’s Sam’s Club have jumped on the trend with offerings that range from Shanghainese red‑braised pork to Cantonese fish‑maw chicken pots. And the shift, notably, is dra...
NEW YORK, Feb. 20, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced that Chemtrade Logistics Income Fund (TSX: CHE.UN; OTCQX: CGIFF), a diversified operator and producer of industrial chemicals and services, has qualified to trade on the OTCQX® Best Market. Chemtrade Logistics Income F...
NEW YORK, Feb. 20, 2026 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced that Chemtrade Logistics Income Fund (TSX: CHE.UN; OTCQX: CGIFF), a diversified operator and producer of industrial chemicals and services, has qualified to trade on the OTCQX® Best Market. Chemtrade Logistics Income Fund upgraded to OTCQX from the Pink Limited™ Market.
Follow Strategy Inc. on Seeking Alpha! Learn more about Seeking Alpha Quant Ratings Get Started With Seeking Alpha Premium Now This video's transcript was generated by a third party. It is not curated or reviewed and is provided for convenience and information purposes only. The accuracy and completeness of the transcript are not guaranteed. Welcome to 2 Minute Analysis. Our goal is to not only en...
Follow Strategy Inc. on Seeking Alpha! Learn more about Seeking Alpha Quant Ratings Get Started With Seeking Alpha Premium Now This video's transcript was generated by a third party. It is not curated or reviewed and is provided for convenience and information purposes only. The accuracy and completeness of the transcript are not guaranteed. Welcome to 2 Minute Analysis. Our goal is to not only entertain, but provide value and insights about the investments you care about. Today's episode is from this request. So, let's throw 2 minutes on the clock and dive-in. Today, we are diving into Strategy Inc., ticker symbol, MSTR. Kicking things off here with the Quant rating system, it is currently a Sell rating on this stock, and we'll dive into the metrics here in just a moment. Jumping over to the Seeking Alpha Analysts, they have a Hold in aggregate for this stock, and that's from 12 analysts providing their coverage in the last 30-days. Lastly, Wall Street holds a Strong Buy rating on this stock, and that's from 14 analysts providing their coverage in the last 90-days. To learn more about how the Seeking Alpha Quant system and Seeking Alpha Analysts outperform the market, visit the link in the description of this video. So, let's dive deeper. This is a $44.48 billion market capitalization company found within the Information Technology sector and Application Software industry, although we all may know it better as a proxy for Bitcoin. Jumping into the Valuation grade here is currently a B with enterprise value-to-sales currently coming in at a 116.14 compared to the sector at 3.11. And also, if we look at this price-to-book, it is currently 0.95 compared to the sector at 3.55. Growth grade is currently a B+ with the CapEx growth of 1393.32% completely dwarfing the sector at just 14.41%, and that Forward EBITDA growth is coming in at 42.47% compared to the sector at 14.33%. Profitability grade is currently an F with a gross profit margin of 68.69% compared to the sector...
SAN JOSE, Calif., Feb. 20, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced that it will release results for the fourth quarter and full-year ended December 31, 2025 on Friday, March 27, 2026, prior to the market open.
SAN JOSE, Calif., Feb. 20, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced that it will release results for the fourth quarter and full-year ended December 31, 2025 on Friday, March 27, 2026, prior to the market open.
Convex generates record annual results including $711 million in net income Convex generates record annual results including $711 million in net income
Convex generates record annual results including $711 million in net income Convex generates record annual results including $711 million in net income
Sit down with pop culture critic Linda Holmes as she watches the 2026 winter games. She is exhausted by cross-country, says "ow ow ow" during moguls, and makes the case, once and for all, for curling. (Image credit: Gabriel Bouys)
Sit down with pop culture critic Linda Holmes as she watches the 2026 winter games. She is exhausted by cross-country, says "ow ow ow" during moguls, and makes the case, once and for all, for curling. (Image credit: Gabriel Bouys)
Asset management behemoth Franklin Templeton sees Mexico’s $500 billion pension fund system as a potential partner in building up the country’s infrastructure. The investment firms, known as Afores, have surged in size amid reforms in the compulsory savings system that increased the number of workers that can access a pension and upped the level of contributions to retirement savings. As of Januar...
Asset management behemoth Franklin Templeton sees Mexico’s $500 billion pension fund system as a potential partner in building up the country’s infrastructure. The investment firms, known as Afores, have surged in size amid reforms in the compulsory savings system that increased the number of workers that can access a pension and upped the level of contributions to retirement savings. As of January, the funds had 8.5 trillion pesos ($486.6 billion) in assets under management, with total workers’ savings in pension funds expected to climb to 12 trillion pesos in 2030 , according to Consar, the regulator that oversees them. “You look at the growth trajectory and that’s going to drive local markets, that’s going to drive investment,” said Chief Executive Officer Jenny Johnson during an interview at the firm’s Mexico City offices. Franklin Templeton sees demand from the pension funds for affordable products like ETFs as well as alternatives strategies — with infrastructure an appealing subset. “There’s obviously a desire to leverage that capital to be able to improve infrastructure, which is a great investment because it often has a stream of income, which is what is really attractive to people,” Johnson said. Mexico’s government has said that private investment will be key to boosting infrastructure in the country, with a goal for $323 billion to be invested through 2030. Earlier this month, Finance Minister Edgar Amador unveiled an investment blueprint for some 1,500 energy projects and public works, which will be partially funded by private capital. Details on the specific investment vehicles have yet to be rolled out. Credit grader Fitch Ratings said the approach could boost construction activity and create financing opportunities, but execution “will depend on whether Mexico can offer bankable structures that institutional investors and lenders can underwrite.” Investing in infrastructure hand-in-hand with the country’s pension funds, particularly in energy and man...
Danny Wild is a senior coordinator for digital operations at Major League Baseball’s office in Manhattan and he’s experiencing what can best be described as commuter misery. While some colleagues enjoy spring training in sun-dappled Florida and Arizona, he’s one of thousands of New Jersey commuters coping with extensive delays as Amtrak and New Jersey Transit reduce service so workers can transfer...
Danny Wild is a senior coordinator for digital operations at Major League Baseball’s office in Manhattan and he’s experiencing what can best be described as commuter misery. While some colleagues enjoy spring training in sun-dappled Florida and Arizona, he’s one of thousands of New Jersey commuters coping with extensive delays as Amtrak and New Jersey Transit reduce service so workers can transfer wires and electrical systems to a new bridge over the Hackensack River. Wild’s troubles this week began in Secaucus, a critical NJ Transit hub where, because of the bridge work, there are fewer trains heading into New York than normal. Despite his best efforts to avoid crowded cars and platforms, he has at times been forced to squish into cramped trains. “We all just squeezed in and stood in the aisles,” said Wild, who relies on NJ Transit to get him to the office from his home in Rockland County, New York – a two-hour journey on a normal day. The bridge project, which is just one component of a massive, yearslong effort to upgrade the infrastructure along one of the nation’s busiest commuter corridors, is expected to continue through mid-March, with regular schedules set to resume on Sunday, March 15. To help ease the resulting congestion, NJ Transit is asking customers who are able to work from home to consider that option “to the greatest extent possible during this time period,” according to the transit agency’s website. For now, that’s a no-go for Wild, who said he needs to be in the office five days a week. Getting Creative As in-office mandates become more common among employers in the city more than five years after the Covid-19 pandemic, they’re coming up against infrastructure that can make getting to work smoothly a challenge. Aging bridges, tunnels, signals and wiring have contributed to delays and cancellations on the rails that link Manhattan to the New Jersey suburbs. The work on the Portal North Bridge that’s causing the commuting chaos is part of the Gatew...
The largest U.S. tech companies are on pace to spend about as much money as it cost to build the domestic railroads, around five times the amount needed to create a federal highway system, and 10 times the cash needed to put a man on the moon. The so-called Big Four hyperscalers— Microsoft Alphabet Meta Platforms and Amazon.com —are forecast to spend at least $600 billion on artificial-intelligenc...
The largest U.S. tech companies are on pace to spend about as much money as it cost to build the domestic railroads, around five times the amount needed to create a federal highway system, and 10 times the cash needed to put a man on the moon. The so-called Big Four hyperscalers— Microsoft Alphabet Meta Platforms and Amazon.com —are forecast to spend at least $600 billion on artificial-intelligence buildouts in 2026. Add Oracle projected spending and the tally rises to $650 billion, a near 60% increase from 2025 levels.
NOV ( NOV ) declares $0.09/share quarterly dividend , 20% increase from prior dividend of $0.075. Forward yield 1.78% Payable March 27; for shareholders of record March 13; ex-div March 13. See NOV Dividend Scorecard, Yield Chart, & Dividend Growth. More on NOV NOV Inc. (NOV) Q4 2025 Earnings Call Transcript NOV Inc. 2025 Q4 - Results - Earnings Call Presentation NOV: Strategic Hold Amid Transitio...
NOV ( NOV ) declares $0.09/share quarterly dividend , 20% increase from prior dividend of $0.075. Forward yield 1.78% Payable March 27; for shareholders of record March 13; ex-div March 13. See NOV Dividend Scorecard, Yield Chart, & Dividend Growth. More on NOV NOV Inc. (NOV) Q4 2025 Earnings Call Transcript NOV Inc. 2025 Q4 - Results - Earnings Call Presentation NOV: Strategic Hold Amid Transition Toward 2026 Cycle Convergence NOV outlines 2026 cost-out acceleration and targets $100M in annualized savings amid challenging market conditions NOV GAAP EPS of $0.21 misses by $0.04, revenue of $2.28B beats by $110M
French utility company EDF says operations in Somerset will start a year later as delay costs firm €2.5bn Britain’s first new nuclear plant in a generation at the Hinkley Point C site will face further delay, at a cost of €2.5bn to the French utility company EDF. EDF said the first reactor at the site in Somerset will begin operations a year later than planned in 2030 – almost 13 years after const...
French utility company EDF says operations in Somerset will start a year later as delay costs firm €2.5bn Britain’s first new nuclear plant in a generation at the Hinkley Point C site will face further delay, at a cost of €2.5bn to the French utility company EDF. EDF said the first reactor at the site in Somerset will begin operations a year later than planned in 2030 – almost 13 years after construction work began – after a series of delays to the project. Continue reading...
Assured Guaranty ( AGO ) declares $0.38/share quarterly dividend , 12% increase from prior dividend of $0.34. Forward yield 1.75% Payable March 20; for shareholders of record March 6; ex-div March 6. See AGO Dividend Scorecard, Yield Chart, & Dividend Growth. More on Assured Guaranty Seeking Alpha’s Quant Rating on Assured Guaranty Historical earnings data for Assured Guaranty Dividend scorecard f...
Assured Guaranty ( AGO ) declares $0.38/share quarterly dividend , 12% increase from prior dividend of $0.34. Forward yield 1.75% Payable March 20; for shareholders of record March 6; ex-div March 6. See AGO Dividend Scorecard, Yield Chart, & Dividend Growth. More on Assured Guaranty Seeking Alpha’s Quant Rating on Assured Guaranty Historical earnings data for Assured Guaranty Dividend scorecard for Assured Guaranty Financial information for Assured Guaranty
C M Taylor’s book, which will raise funds for charity, follows teenagers whose favourite swim spot is contaminated A water company discharges sewage into a river with impunity and the government fails to stop them. The story may sound familiar, but this one is different: there’s a satisfying comeuppance all round. The ongoing saga of sewage being pumped into the Thames has inspired a new YA (young...
C M Taylor’s book, which will raise funds for charity, follows teenagers whose favourite swim spot is contaminated A water company discharges sewage into a river with impunity and the government fails to stop them. The story may sound familiar, but this one is different: there’s a satisfying comeuppance all round. The ongoing saga of sewage being pumped into the Thames has inspired a new YA (young adult) novel, Floaters – and when its limited first edition is published later this month, 50% of all profits will go to conservation and campaign charity Surfers Against Sewage (SAS). Continue reading...
Khanchit Khirisutchalual/iStock via Getty Images By Warren Patterson, Head of Commodities Strategy Policy noise spooks the market EU allowances (EUAs) have seen a spectacular collapse in prices over the last month after the market broke above EUR92/t in mid-January. The December contract fell below EUR70/t at one stage this week as the market became increasingly concerned about potential policy ch...
Khanchit Khirisutchalual/iStock via Getty Images By Warren Patterson, Head of Commodities Strategy Policy noise spooks the market EU allowances (EUAs) have seen a spectacular collapse in prices over the last month after the market broke above EUR92/t in mid-January. The December contract fell below EUR70/t at one stage this week as the market became increasingly concerned about potential policy changes, with the EU set to review the Emission Trading System (ETS) and proposed reforms due in the third quarter. There has been growing noise that the EU will slow the phase-out of free allowances, while also easing the linear reduction factor (LRF) for the EU ETS cap. Currently, the LRF used is 4.3% per year, and this is set to increase to 4.4% from 2028. However, an EU official has suggested the LRF could be cut to 3.4% from as early as 2029. These headlines have spooked the market. However, this is not entirely fresh news. In December 2025, when the European Commission provisionally agreed to cut emissions by 90% by 2040 from 1990 levels, it was stated that in the upcoming review of the ETS, the trajectory of the ETS should be revised to allow for a small amount of emissions after 2039. As it currently stands, the cap would reach zero by 2039. And secondly, the Commission should consider a slower phase-out of free allowances from 2028 to support decarbonisation, investment and employment in Europe. Adding further downward pressure on the market were comments from German Chancellor Friedrich Merz recently, where he said that the EU should be open to revisions or postponements in the ETS if it doesn’t push companies towards carbon-free production and harms competitiveness. Meanwhile, comments from French President Emmanuel Macron questioning competitiveness and high carbon prices only added to the pressure. The French President has blamed high carbon prices on speculation, suggesting that EUAs should be trading around EUR30-40/t. These are downside risks that we highlight...