Market Signal Briefing

Q4: 2026-02-24 Earnings SummaryEPS of $0.50 misses by $0.02

 |

Revenue of

$1.90B

(1.99% Y/Y)

beats by $7.00M

Resideo Technologies, Inc. (REZI) J.P. Morgan 2026 Global Leveraged Finance Conference March 2, 2026 1:30 PM EST

Company Participants

Michael Carlet - CFO & Executive VP
Christopher Lee - Global Head of Investor Relations

Conference Call Participants

Yilma Abebe - JPMorgan Chase & Co, Research Division

Presentation

Yilma Abebe
JPMorgan Chase & Co, Research Division

Good afternoon. My name is Yilma Abebe, and I am the industrials analyst at JPMorgan. This afternoon, we are pleased to have Resideo Technologies. From the company on my near side, we have Mike Carlet, CFO; and my far side, Chris Lee, Global Head of Strategic Finance. Gentlemen, thank you for coming.

Michael Carlet
CFO & Executive VP

Thank you.

Yilma Abebe
JPMorgan Chase & Co, Research Division

So this is going to be a fireside chat format. I'm going to have questions for management, but I will leave time for folks to also ask questions, so keep that in mind. The way I envision this conversation is I'll first start off with high-level overview-type questions and followed by perhaps on the strategy side and touching on the separation from -- on the ADI side. Maybe touch on tariffs and product-related questions and then wrap it up with recent performance and outlook. Does that sound okay?

Michael Carlet
CFO & Executive VP

Sounds perfect.

Question-and-Answer Session

Yilma Abebe
JPMorgan Chase & Co, Research Division

Great. So I guess maybe firstly, I guess for folks that may not necessarily be familiar with the Resideo story, can you provide a high-level overview on what Resideo's businesses and market position is? Maybe can you touch on some of the key items that differentiates the company in the marketplace?

Michael Carlet
CFO & Executive VP

Sure. We won't use many slides, but I think there's a good slide here that gives a bit of

Intuit Inc. (INTU) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

Brisbane, Australia--(Newsfile Corp. - March 2, 2026) - Graphene Manufacturing Group Limited (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that the Board of Directors of GMG has approved the investment of an additional AU$1.4 million, which is expected to complete the construction of the Company's Gen 2.0 Graphene Manufacturing Technology plant (the "Gen 2.0 Plant") capable of producing 10 tons of graphene per annum. The total capital cost for the Gen 2.0 Plant is an estimated AU$2.3 million, an expenditure that was largely included in the proposed use of proceeds for the March 2025 Bought Deal Financing of C$5,796,000.

The Company's Board is happy with progress to date and is confident that the Gen 2.0 Plant project is on track to meet its original budget and expectation to be online by the middle of 2026. The early work and procurement of the long lead items is substantially complete, and engineering and design has commenced.

The Gen 2.0 Plant is expected to be largely self-powered from standalone energy generation that utilizes renewable sources, an energy storage system and hydrogen enriched natural gas provided by tail gas power generation.

Figure 1: GMG Headquarters Layout

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8082/285998_graphene1.jpg

GMG's Managing Director and CEO, Craig Nicol, commented: "We are very excited with the progress to date of the Gen 2.0 project and are looking forward to bringing the plant online - on time and on budget."

GMG's Chairman and Director, Jack Perkowski, commented: "A successful Gen 2.0 project will form the basis for the Company's future expansion plans."

Quarterly Financial Results Update

The Company is pleased to provide a further update to its most recent Quarterly Financial Results as published and filed on March 2, 2026. The Company's results are reported under International Financial Reporting Standards (IFRS). This news release may include certain Non-IFRS measures as reported in the Company's Quarterly Management Discussion and Analysis ("MD&A") that are used internally by management to assess the underlying operational performance of our business.

Understanding the Non-Cash Warrant Liability

As at December 31, 2025, the Company had 18.6 million outstanding share purchase warrants with exercise prices denominated in Canadian dollars. Because GMG's functional currency is the Australian dollar, IFRS accounting standards require these warrants to be treated as a derivative financial liability and revalued at fair value each reporting period.

During Q2 FY2026, GMG's share price increased 178%, a strong performance that reflects growing market confidence. However, under IFRS, this share price increase results in a higher calculated fair value for the warrant liability, which in turn generates a non-cash loss in the Company's statement of profit or loss and a corresponding increase in total liabilities on the balance sheet.

Key Points for Shareholders:

This accounting adjustment is entirely non-cash and does not affect GMG's cash position, operations, or business fundamentals.

The Company's cash balance at December 31, 2025 was A$13.9 million, up from A$7.7 million at June 30, 2025.

Excluding the warrant liability, the Company's underlying net assets position at December 31, 2025 was positive A$21.5 million.

The warrant liability decreases when warrants are exercised (converting the liability to equity and adding cash), or when the warrants expire or when the share price declines. Subsequent to December 31, 2025, approximately 2.9 million warrants were exercised for gross proceeds of A$3.6 million, further strengthening the Company's cash position and reducing the warrant liability by a corresponding amount.

Management views the warrant liability as a technical accounting matter that does not reflect the Company's operational performance or strategic progress. The Company's market capitalization at December 31, 2025 was approximately USD$200 million.

Non-IFRS Measures

A Non-IFRS measure that the Company refers to in its MD&A is EBITDA, which is revenue before finance costs, tax, depreciation and amortization, and after adjusting for certain non-cash items and other earnings adjustment items. The Company believes that EBITDA provides useful information to assess the operational performance of the business, however, Non-IFRS measures do not have a standardized meaning under IFRS, have not been subject to audit, and should not be considered as an indication of or alternative to an IFRS measure of financial performance.

Table 1: Calculation of EBITDA

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8082/285998_66807f3f541149e1_017full.jpg

The following table provides the reconciliation of the underlying loss for the period and adjusted basic diluted loss per share, as adjusted and calculated by the Company. This reconciliation adjusts for the non-cash change in fair value of warrants which is included in the Company's Unaudited Condensed Consolidated Interim Statement of Profit or Loss and Other Comprehensive Income.

Table 2: Calculation of the unaudited adjusted loss for the period and adjusted basic and diluted loss per share, as adjusted and calculated by the Company.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8082/285998_66807f3f541149e1_018full.jpg

(1) Due to the loss recognized for the years, all outstanding stock options, warrants, broker warrants, restricted share units and performance share units were excluded from the calculation of diluted loss per share due to their anti-dilutive effect.
(2) Calculated using loss for the period over the weighted average number of ordinary shares as per IFRS.
(3) Calculated using adjusted loss for the period over the weighted average number of ordinary shares (non-IFRS measure).

About GMG:

GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.

The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.

In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed at improving the performance of lithium-ion batteries.

GMG's 4 critical business objectives are:

Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information, please contact:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. These statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include, without limitation, statements regarding, expected capital requirements to complete the Gen 2.0 Plant, expected graphene production capacity of the Gen 2.0 Plant and the timing of its construction and commissioning, the extent to which the plant will be largely self-powered from standalone energy generation, the implications of the Gen 2.0 Plant on future expansion plans, the Company's assessment of the warrant liability as a technical accounting matter and management's view that this liability does not reflect operational performance, expectations regarding future warrant exercises, management's belief that EBITDA is a useful measure of operational performance, the Company's four critical business objectives.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, assumptions that the Company's operational and strategic progress will continue, that the Gen 2.0 Plant will be constructed, commissioned and ramped up broadly on time and on budget, that the technology deployed at the Gen 2.0 Plant will perform as expected, that sufficient customer demand will develop for products produced at the Gen 2.0 Plant, that the warrant liability will decrease as warrants are exercised or expire, that the Company's cash position and business fundamentals remain strong, that future financial performance will improve, and that the accounting treatment of warrants under IFRS will remain unchanged.

Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, fluctuations in the Company's share price that may increase the warrant liability, failure to complete or commission the Gen 2.0 Plant as currently planned, construction, cost-overrun, technology and ramp-up risks associated with the Gen 2.0 Plant, failure to achieve operational milestones, inability to commercialize products, changes in accounting standards, adverse market conditions, foreign exchange volatility, and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285998

Source: Graphene Manufacturing Group Ltd.

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of DCTH either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

The U.S.-Israel airstrikes are a major catalyst impacting global markets, just hours following sweeping bans on the use of Anthropic's AI technology. The S&P 500 notched its worst month since March 2025 as war in Iran intensifies, and risk-off sentiment likely dominates amid hotter-than-expected wholesale inflation. January 2026 Core CPI (2.5%) and PPI (2.9%) rose Y/Y; headline CPI cooled to 2.4%, supporting a “soft landing” narrative.

Key Takeaways American Eagle is set to report Q4 results with revenues seen up 7.9% and EPS rising 31.5%.AEO raised Q4 operating income outlook to $167-$170M on high-single-digit holiday comps growth.Digital investments, brand momentum at Aerie and cost discipline may lift Q4 profitability. American Eagle Outfitters, Inc. (AEO - Free Report) is expected to register growth in its top and bottom lines when it reports fourth-quarter fiscal 2025 results on March 4, after market close. The Zacks Consensus Estimate for revenues is pegged at $1.73 billion, which indicates a rise of 7.9% from the year-ago figure.

The consensus estimate for quarterly earnings is pegged at 71 cents per share, indicating a 31.5% rise from the year-ago quarter's number. However, the consensus estimate for earnings has moved up a penny in the past 30 days.

The company’s earnings beat the consensus estimate by 23.3% in the last reported quarter. AEO delivered an earnings surprise of 35.1% in the trailing four quarters, on average.

Things to Know About AEO’s Upcoming ResultsAmerican Eagle has experienced strong momentum, driven by well-curated product assortments and enhanced customer engagement, leading to robust holiday performance. With continued positive trends in American Eagle and Aerie, the company expects improved profitability compared to prior projections. These factors are set to support performance in the to-be-reported quarter.

AEO said that fourth quarter-to-date comparable sales (comps) through Jan. 3, 2026, increased in high-single digits, reflecting healthy consumer engagement through the peak holiday period. Management now raised its fiscal fourth-quarter operating income guidance to be nearly $167-$170 million, up from the earlier guidance of $155-$160 million. The increase reflects better-than-expected margin performance and assumes consolidated comps growth of 8-9% for the fiscal fourth quarter. We expect comparable sales to increase 9.2% for the fourth quarter.

American Eagle’s strategic initiatives have positioned it for sustained growth and improved operational efficiency. The disciplined approach to cost management, alongside a focus on profitability, is expected to contribute positively to the fiscal fourth quarter results.

AEO has been prioritizing investments in its digital channels, making foundational improvements to enrich the overall shopping experience. The company is also focused on optimizing its store fleet to ensure locations align with customer demand and deliver a best-in-class in-store experience. Innovations, solid omnichannel capabilities and inventory-optimization efforts are likely to have boosted the company’s top-line performance.

Our model predicts fourth-quarter fiscal 2025 total revenues to increase 5.7% year over year. We expect sales for the American Eagle brand to rise 5.5%. Sales for the Aerie brand are expected to increase by 5.2%.

What the Zacks Model Unveils for AEOOur proven model does not conclusively predict an earnings beat for American Eagle this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But this is not the case here.

American Eagle currently has an Earnings ESP of -2.82% and a Zacks Rank of 1. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

AEO’s Valuation Picture & Price PerformanceWith a forward 12-month price-to-earnings ratio of 14.36X, below the high level of 18.29X and the Retail - Apparel and Shoes industry’s average of 18.67X, the stock offers compelling value for investors seeking exposure to the sector.

AEO Stock's Valuation
Image Source: Zacks Investment Research

AEO stock has surged 68.1% in the past six months, outperforming the industry’s 12.5% rise.

AEO Stock's Price Performance
Image Source: Zacks Investment Research

Stocks With the Favorable CombinationHere are three companies, which, according to our model, have the right combination of elements to post an earnings beat this season:

Dollar General Corporation (DG - Free Report) currently has an Earnings ESP of +5.37% and a Zacks Rank #3. The Zacks Consensus Estimate for fourth-quarter fiscal 2025 earnings per share is pegged at $1.61, implying a 4.2% year-over-year decline. You can see the complete list of today’s Zacks #1 Rank stocks here.

Dollar General’s top line is expected to rise year over year. The Zacks Consensus Estimate for quarterly revenues stands at $10.78 billion, which indicates an increase of 4.6% from the figure reported in the prior-year quarter. DG has a trailing four-quarter earnings surprise of 22.9%, on average.

Chewy, Inc. (CHWY - Free Report) has an Earnings ESP of +0.36% and currently carries a Zacks Rank of 3. CHWY’s top line is anticipated to advance year over year when it reports fourth-quarter fiscal 2025 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $3.26 billion, which suggests a 0.3% rise from the figure reported in the year-ago quarter.

The consensus estimate for Chewy’s fourth-quarter earnings is pinned at 28 cents per share, flat year over year. CHWY has a trailing four-quarter earnings surprise of 10.7%, on average.

Costco Wholesale Corporation (COST - Free Report) has an Earnings ESP of +0.68% and currently carries a Zacks Rank of 3. COST’s top line is expected to advance year over year when it reports second-quarter fiscal 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $69.22 billion, which suggests an 8.6% jump from the figure reported in the year-ago quarter.

The company is expected to register an increase in the bottom line. The consensus estimate for Costco’s second-quarter earnings stands at $4.54 per share, calling for 12.9% growth from the year-ago quarter. COST has a trailing four-quarter earnings surprise of 0.5%, on average.

Nokian Renkaat Oyj (NKRKY) Discusses Launch and Strategic Significance of New Studded Winter Tire March 2, 2026 9:15 AM EST

Company Participants

Wes Boling
Paolo Pompei - President & CEO
Hans Dyhrman
Mikko Liukkula

Presentation

Wes Boling

Ladies and gentlemen, hello from Ivalo, Finland, and welcome to the Media Information Call celebrating the launch of the new Nokian Tyres Hakkapeliitta 01, the world's first studded winter tire to feature on-demand grip.

My name is Wes Boling. I'm Nokian Tyres Brand Content Manager. Pleased to moderate this call alongside company leadership as we introduce media to this exciting new studded winter tire. In just a few moments, we will get to a presentation that allows you to familiarize yourself with the product. You should have received a press release about it in the materials bank connected to that press release are photos and videos as well as press releases in a number of different languages if you need those.

At the end of the call, we will have time for your questions, and there will be instructions related to that here in a few moments. But first, let's celebrate the Nokian Tyres Hakkapeliitta 01 with a brief introductory video.

[Presentation]

Wes Boling

There are tire launches and there are revolutions, and today represents both. We look forward to familiarizing you now over the next few minutes with the Nokian Tyres Hakkapeliitta 01. First, with a few words from Nokian Tyres President and CEO, Paolo Pompei, about the significance of this moment and how it ties into our business strategy to be a leader in winter.

Then we'll have a product presentation with a mastermind behind the product, development manager, Mikko Liukkula and Director of Marketing of North America, Hans Dyhrman. And then we'll ask a couple of questions of each of them before turning it to

Analysts at Jefferies argue that the outbreak of conflict in the Middle East, while deeply troubling, is fundamentally positive for mining stocks, and the logic is harder to dismiss than it sounds.

The supply shock hiding in the Strait of Hormuz

Before the geopolitical noise, there is a simple commodity story. Roughly 9% of the world's aluminum is produced in Gulf states, most of which depend on the Strait of Hormuz to import raw materials and ship finished metal. Iran itself accounts for around 3% of global iron ore production and 1.5% of seaborne supply. Any sustained closure of the Strait does not just disrupt shipping, it removes meaningful chunks of global output from the market almost immediately.

That is before accounting for the indirect effects. Higher energy prices raise production costs across the board, steepening cost curves and pushing floor prices higher for copper, nickel and other metals that are energy-intensive to produce. Physical commodity traders, Glencore and Trafigura chief among them, tend to profit handsomely from exactly this kind of dislocation.

The inflation and dollar tension

War is expensive. A prolonged conflict would likely require central bank support, and Jefferies sees a real possibility of the Federal Reserve expanding money supply to fund it. That is the inflation hedge argument for hard assets in its simplest form: more dollars chasing the same amount of metal means higher nominal prices.

The complication is the dollar itself. Safe-haven demand is pushing it higher, and commodity prices tend to move inversely with dollar strength. Jefferies acknowledges this tension but argues the geopolitical and inflation dynamics outweigh it, at least for now.

The call

Jefferies reiterates a bullish sector view, with Freeport-McMoRan Inc (NYSE:FCX, XETRA:FPMB), Glencore PLC (LSE:GLEN) and Anglo American PLC (LSE:AAL) as top picks, and Alcoa (NYSE:AA) flagged as a potential beneficiary depending on how long the conflict runs.

Even a quick resolution, analysts argue, would leave geopolitical risk elevated and the dollar vulnerable to renewed weakness. The conditions that drove metals outperformance over the past six months have not gone away. They have intensified.

Qantas Airways Limited (QABSY) Q2 2026 Earnings Call February 25, 2026 7:30 PM EST

Company Participants

Filip Kidon - Investor Relations
Vanessa Hudson - MD, Group CEO & Executive Director
Robert Marcolina - Group Chief Financial Officer
Markus Svensson - Chief Executive Officer of Qantas Domestic
Stephanie Tully - Chief Executive Officer of Jetstar Group
Cameron Wallace - Chief Executive Officer of Qantas International & Freight
Andrew Glance - Chief Executive Officer of Qantas Loyalty

Conference Call Participants

Anthony Moulder - Jefferies LLC, Research Division
Matthew Ryan - Barrenjoey Markets Pty Limited, Research Division
Jakob Cakarnis - Jarden Australia Pty Limited, Research Division
Andre Fromyhr - UBS Investment Bank, Research Division
Justin Barratt - CLSA Limited, Research Division
Owen Birrell - RBC Capital Markets, Research Division
Samuel Seow - Citigroup Inc., Research Division
Nathan Gee - BofA Securities, Research Division
Ian Myles - Macquarie Research
Cameron McDonald - E&P, Research Division
Niraj-Samip Shah - Goldman Sachs Group, Inc., Research Division
Joseph Michael - Morgan Stanley, Research Division
Scott Ryall - Rimor Equity Research Pty Ltd

Presentation

Filip Kidon
Investor Relations

Good morning, and welcome to the First Half Financial Year 2026 Investor and Analyst Results Briefing. My name is Filip Kidon. I'm the Group Head of Investor Relations at the Qantas Group. I'd like to now hand over to our Chief Executive Officer, Vanessa Hudson, to take you through the results.

Vanessa Hudson
MD, Group CEO & Executive Director

Thank you, Filip, and good morning to everyone. Thanks for joining us today at the Qantas Group Half Year 2026 Investor and Analyst Briefing. I am joined by Rob Marcolina, our CFO, who will be assisting me in presenting the results today, but I'm also joined by our entire leadership team. Today's briefing will only be in audio format, and Rob and I will take you through a number of the key slides in our materials that we lodged today, but then we will open to questions.

Taboola.com Ltd. (TBLA) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

LOS ANGELES, March 02, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Plug Power Inc. (“Plug Power” or “the Company”) (NASDAQ: PLUG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between January 17, 2025 and November 13, 2025, inclusive (the “Class Period”), are encouraged to contact the firm before April 3, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Plug Power misled investors about the likelihood of it building the hydrogen production facilities necessary to receive DOE Loan funds. The Company was more likely to pivot to smaller projects lacking significant commercial potential. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Plug Power, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE:

The Schall Law Firm

HomeStock IdeasQuick Picks & Lists

SummaryCoherent is expected to continue to benefit from a transition to products that enable faster throughput speeds, while prior constraints on manufacturing capacity appear to be alleviating.BrightSpring Health Services reported another strong quarter with both revenues and EBITDA up significantly, far outpacing its historical growth rate prior to going public in 2024.Varonis Systems, which provides data protection security software, delivered disappointing earnings results and an outlook below expectations.United Parks & Resorts' stock lagged following disappointing quarterly results, with revenues negatively impacted by poor weather and fewer international visitors. Hanizam/iStock via Getty Images

The following segment was excerpted from the Carillon Eagle Small Cap Growth Fund Q4 2025 Commentary.

Portfolio Review Top Holdings Average Weight (%) Contribution to Return (%) - Gross Coherent (COHR) 1.08 0.62

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Key Takeaways Mastercard launches MetaMask Card nationwide, enabling wallet-to-checkout crypto spending.MA lets users keep assets in self-custody until instant conversion on its network.MA expands crypto-linked cards, adding NY rollout and up to 3% back via the $199 Metal tier. Mastercard Incorporated (MA - Free Report) is steadily reinforcing its role as the infrastructure layer of digital commerce and its latest partnership with MetaMask around the MetaMask Card underscores that strategy. With the U.S. launch now fully operational across the country, including in New York, this initiative represents another important move toward connecting self-custodied crypto assets with traditional payment systems.

The MetaMask Card allows users to spend directly from their wallets without preloading funds onto centralized exchanges. Assets remain in users’ control until the moment of transaction, when they are seamlessly converted for payment across MA’s global network of more than 150 million merchant locations. The launch also introduces a $199 per year Metal tier, offering up to 3% back in mUSD on the first $10,000 spent annually, while standard users can earn up to 1% in on-chain rewards.

For MA, this partnership reinforces its strategy of embedding itself deeper into the digital asset ecosystem without directly taking balance sheet crypto risk. By serving as the payment rail, the company captures transaction volume while supporting innovation at the wallet layer. It has steadily expanded crypto-linked cards and tokenization services in recent years, positioning itself as infrastructure rather than a speculator.

Additionally, the New York rollout is particularly significant. Regulatory clarity in key jurisdictions reduces friction and broadens the addressable user base. If adoption scales meaningfully, crypto-linked debit could drive incremental payment volume through MA’s network, supporting cross-border activity and higher-margin transactions.

How Are Competitors Faring?Some of MA’s competitors in the value-added services space include Visa Inc. (V - Free Report) and PayPal Holdings, Inc. (PYPL - Free Report) .

Visa continues to expand its global digital payments footprint, leveraging tokenization, real-time settlement and partnerships with fintechs. V’s broad acceptance and scale support resilient revenue growth, though competitive pressures from alternative payment rails and regulatory scrutiny persist.

PayPal is deepening its checkout and wallet ecosystem while expanding crypto and buy now, pay later offerings. Despite slower user growth and margin pressures, PYPL’s strategic investments in Wallet and merchant solutions aim to sustain engagement and long-term transaction volume.

Mastercard’s Price Performance, Valuation & EstimatesOver the past year, MA’s shares have declined 10.1% compared with the industry’s fall of 23.6%.

Image Source: Zacks Investment Research

From a valuation standpoint, MA trades at a forward price-to-earnings ratio of 26, above the industry average of 18.39. MA carries a Value Score of D.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Mastercard’s 2026 earnings implies 14% growth from the year-ago period.

Image Source: Zacks Investment Research

Mastercard currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

HomeEarnings AnalysisTech 

SummaryAs I expected, Nvidia Corporation delivered a blowout Q4 and decent Q1 guidance, surpassing Street expectations despite excluding China data center revenue.That NVDA beat and raise doesn't seem to matter right now. The market is not looking at fundamentals, and I argue that the rotation out of tech is far from over.That said, over a 12-month period, I still think NVDA stock will see new highs. This is not the AI bubble popping. In my view, it's just a natural correction.As I'm typing, the stock is trading at 21x forward P/E, below AMD, Broadcom, and even the median of the tech sector!Notice the exclamation mark from the last bullet point. That said, I'm definitely not buying the NVDA dip right now, as I see further multiple compression. BING-JHEN HONG/iStock Editorial via Getty Images

In my previous coverage of Nvidia Corporation (NVDA), I downgraded my rating, citing a post-earnings bust risk. Bear in mind that was back on February 2, just a few weeks after I closed a

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Kite Realty Group Trust (KRG) Citi's Miami Global Property CEO Conference 2026 March 2, 2026 11:40 AM EST

Company Participants

John Kite - Chairman of the Board of Trustees & CEO
Heath Fear - Executive VP & CFO

Conference Call Participants

Craig Mailman - Citigroup Inc., Research Division

Presentation

Craig Mailman
Citigroup Inc., Research Division

Welcome to Citi's 2026 Global Property CEO Conference. I'm Craig Mailman with Citi Research. I'm pleased to have with us today, Kite Realty and CEO, John Kite. This session is for Citi clients only and disclosures have been made available at the corporate access desk. To ask a question, you can raise your hand or go to liveqa.com and enter code GPC26 to submit questions.

So John, I'm going to turn it over to you to introduce your company and team provide any opening remarks. Tell the audience the top reasons that investors should buy your stock today, and then we can jump into Q&A.

John Kite
Chairman of the Board of Trustees & CEO

Thanks, Craig. Good morning, everybody. Yes, we're Kite Realty Group. We own about 170 open-air shopping centers throughout the country in 24 states, predominantly in the Sunbelt, about 2/3 of our income comes from the Sunbelt, our 2 biggest states are Florida and Texas. So we clearly have a strategy regarding the Sunbelt. Also, about 80% of our ABR comes from properties with a grocery component. So we're focused on that. We're currently just finishing the year at 95% leased, which is a strong increase from the last couple of quarters and our average base rent right now has grown to $23, which is a significant increase over the last couple of years.

So -- but basically, turning to the, I guess, the top 3 reasons from our perspective, it's pretty simple. It's really more categories. One is

Partnership positions Portal Warehousing to accelerate national platform expansion

NEW YORK--(BUSINESS WIRE)--Portal Warehousing (Portal), a leading, vertically integrated micro-bay industrial platform, together with GCM Grosvenor (Nasdaq: GCMG), a global alternative asset management solutions provider with $91 billion of assets under management, has established a long term strategic partnership to acquire value-add industrial properties and provide flexible, small-scale industrial space to a structurally undersupplied segment of the market. The partnership marks the next phase of Portal’s growth, providing institutional backing to scale nationwide. As part of the partnership, GCM Grosvenor will join Portal’s Board of Directors.

“We're excited to partner with GCM Grosvenor to support the next phase of our growth. This partnership validates that micro-bay industrial is a distinct, institutionally investable asset class within industrial real estate." - Alex Morrison, CEO, Portal

Share The venture will focus on acquiring value-add, infill industrial properties across key logistics hubs that can be repositioned into right-sized, turnkey warehouse suites designed for the operational needs of small and mid-sized businesses (SMBs), e-commerce operators, and enterprise users. Portal’s approach bridges the gap between traditional industrial real estate and modern business needs, enabling companies to enter new markets quickly without long-term leases or major buildouts and capital expenditures. Unlike traditional industrial space, the model is built around short-term license agreements, all-inclusive pricing, and embedded logistics support, giving tenants flexible terms, predictable costs, and move-in-ready space. Portal currently owns and/or operates over 286,000 square feet, comprising more than 300 warehouse suites across six markets, with additional locations under development, demonstrating the scalability and effectiveness of its micro-bay model.

Micro-bay industrial, defined as warehouse space under 5,000 SF, sits below the typical size range of small-bay industrial (5,000-10,000+ SF) and addresses a structural supply-and-demand imbalance in the market. Small-space users are chronically underserved, with national vacancy for industrial space under 5,000 SF at just 4.4%. Meanwhile, the continued rise of e-commerce, onshoring of supply chains, and expansion of the small business economy are intensifying demand for infill logistics space. Portal focuses on the smallest end of the micro-bay segment, offering warehouse suites ranging from 200-2,500 SF.

“We're excited to partner with GCM Grosvenor to support the next phase of our growth. This partnership validates that micro-bay industrial is a distinct, institutionally investable asset class within industrial real estate. With GCM Grosvenor's backing, we can scale our platform nationwide and establish Portal as a category leader,” said Alex Morrison, CEO of Portal Warehousing.

"We’re thrilled to partner with Portal Warehousing to accelerate the national growth of the platform. There is a clear and persistent gap in the industrial market for high-quality, small-format space, and Portal has built a platform designed to address that need through deep market expertise, a data-driven understanding of demand, and strong execution capabilities," said Danielle Even, Executive Director at GCM Grosvenor.

About Portal Warehousing

Portal Warehousing is a leading owner and operator of flexible small warehousing solutions, providing small businesses, entrepreneurs, and enterprise organizations with move-in-ready space to scale their business. Warehouse suites range in size from 200-2,500 SF and include critical logistics infrastructure like dock-high and grade-level door access, all-inclusive utilities and Wi-Fi, and embedded logistics services. Portal Warehousing is vertically integrated with in-house acquisitions, construction, marketing, leasing, finance, property management, and operations. For more information, visit www.join-portal.com.

About GCM Grosvenor

GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $91 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies. The firm has specialized in alternatives for more than 50 years and is dedicated to delivering value for clients by leveraging its cross-asset class and flexible investment platform.

GCM Grosvenor’s experienced team of approximately 550 professionals serves a global client base of institutional and individual investors. The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: www.gcmgrosvenor.com.

, /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating The AES Corporation (NYSE: AES) related to its sale to Horizon Parent, L.P. Under the terms of the proposed transaction, AES shareholders are expected to receive $15.00 per share in cash. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/the-aes-corporation/. It is free and there is no cost or obligation to you.

NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

Do you file class actions and go to Court? When was the last time you recovered money for shareholders? What cases did you recover money in and how much? About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.

No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE Monteverde & Associates PC

Key Takeaways Strategy is the premier Bitcoin Treasury company.Bitcoin drawdowns are inevitable but create opportunities.Strategy liquidation fears are vastly overblown. Strategy ((MSTR - Free Report) ), formally known as MicroStrategy, is the leading Bitcoin treasury company. Initially, Strategy was a business intelligence and mobile software company. However, Founder and former CEO Michael Saylor transformed the company into a Bitcoin Treasury company in August 2020, citing Bitcoin’s utility as “digital gold” and a hedge against rampant inflation. Since then, Strategy has used a combination of debt and equity to continuously accumulate Bitcoin. Today, Strategy owns more than 700K Bitcoin, valued at more than $50 billion. Investors should treat MSTR as a leveraged Bitcoin bet (with approximately 3.5x leverage)

Bitcoin: Crisis Equates to OpportunitySince its inception, Bitcoin has been the best-performing asset in the world – by far. In fact, over the past 15 years, Bitcoin has delivered a compound annual growth rate (CAGR) of 91.75%, returns that most investors can only dream of.

Image Source: Charlie Bilello, Creative Planning

However, with high performance comes sacrifice. Drawdowns and volatility are the price of admission for outsized performance. In its history, Bitcoin has suffered drawdowns of 70% or more on multiple occasions. Michael Saylor’s quotes underscore the importance of understanding volatility in the context of Bitcoin:

“If you want the most resilient and liquid asset in the world, you have to accept the volatility that comes with it.”

“Volatility was a gift to the faithful.”

Regardless of the volatility, Bitcoin will always have value because of its unique attributes, which include scarcity, decentralization, and digital portability. Additionally, the Bitcoin network has proven secure, having never been successfully hacked in its history.

Bitcoin Bullish Sentiment is at Multi-Year LowsThe Coin Market Cap Crypto Fear and Greed Index is “a powerful tool that analyzes market sentiment to help you make informed crypto investment decisions.” Bearish sentiment in the crypto space has reached its lowest level in more than three years – a bullish contrarian indicator.

Image Source: Coin Market Cap

Forced Liquidation Fears are UnfoundedOne of the biggest misconceptions among MSTR bears is that a prolonged Bitcoin correction would force the company to liquidate its Bitcoin holdings. However, while a massive Bitcoin bear market would cause dilution, Saylor has confirmed that the company has “capital for the next 70 years.” While equity dilution would likely occur with a prolonged Bitcoin correction, liquidation fears are overblown.

Bottom Line

History shows that peak bearishness in Bitcoin serves as a powerful contrarian signal. For those who view Bitcoin’s scarcity and decentralization as the future of finance, Strategy remains the most aggressive vehicle to capture that growth.

Paramount Skydance CEO David Ellison’s $6 billion in planned cost cuts as part of a merger with Warner Bros. Discovery has triggered fears of devasting layoffs as two of Hollywood’s largest studios and streamers move to combine, according to reports.

Ellison reaffirmed his goal of $6 billion in “synergies” – or an erasure of duplicate teams – if Paramount Skydance achieves regulatory approval for its acquisition of WBD, including HBO Max, CNN, thousands of Warner film titles and 30 soundstages in California.

WBD’s board signed the agreement Friday morning after Netflix failed to hike its own offer and backed out of a brutal monthslong bidding war.

Paramount Skydance’s winning bid for Warner Bros. Discovery could face intense regulatory scrutiny. AP Paramount and WBD staffers are now bracing themselves for “bloodbath” layoffs, with a Paramount employee saying there were wordless screams at the company’s Los Angeles office following news of the bidding war outcome, according to Page Six. 

Many workers are reportedly hoping for a round of voluntary buyouts before things turn ugly.

The new conglomerate is expected to look for cost-cutting opportunities in Warner Bros.’ production teams, which currently employ about 7,500 of WBD’s 35,000 total staffers, according to Variety.

Paramount peaked at nearly 20,000 employees in August, before Ellison last year laid off about 1,000 of them with plans to cut 1,000 more.

“Think about the bloodletting of thousands of employees at CBS and Paramount, and now it will be more. Just awful,” an insider told Variety.

“It’s really going to be a shakeup for the whole community, the losses of jobs and content.”

Paramount did not respond to The Post’s requests for comment.

California Attorney General Rob Bonta cautioned regulatory hurdles remain.

“Paramount/Warner Bros is not a done deal,” the Dem said last week, though he did not detail his concerns.

“These two Hollywood titans have not cleared regulatory scrutiny – the California Department of Justice has an open investigation, and we intend to be vigorous in our review.”

The Justice Department and European regulators need to weigh in on the merger, too.

After observers feared that a Netflix purchase of WBD assets could thwart theatrical film releases, some film fanatics will likely “take comfort” that WBD is merging with another studio instead of the streaming giant, said Seth Schachner, managing director of Strat Americas, a Los Angeles-based media consulting firm.

Ellison on Monday pledged the two studios would churn out 30 films each year with an exclusive 45-day theatrical release window. 

“But it’s going to be a brutal thing just with the job losses and cuts,” Schachner told The Post. 

“You’re definitely going to see some type of organizational impact. For sure, there’ll be cost cuts and they’re going to lose people in the transition.”

WBD’s board signed the agreement Friday morning. REUTERS Warner Bros. heir Gregory Orr – the grandson of founder Jack Warner and an early skeptic of the proposed Netflix deal – flipped his stance after Paramount Skydance claimed victory, fearful of Ellison’s history of intense layoffs.

Paramount’s “high debt” – a combined $79 billion once the deal goes through, according to Ellison – “will lead to downsizing and consolidation at Warner Bros.,” Orr told the Hollywood Reporter.

“The deal with Netflix was a good marriage,” the scion said, adding that Warner “merging with Paramount Skydance is like a shotgun wedding with your dumb cousin. I fear for the health of the kids.”

There are still several hoops for the deal to jump through, including regulatory approvals from the DOJ. REUTERS Meanwhile, CNN staffers are reportedly fearful that the deal could threaten their newsroom’s independence, after Ellison installed Bari Weiss at CBS News to bring more conservative voices to the network.

Anchors, producers and correspondents at the lefty network are concerned that President Trump will be on the phone daily orchestrating CBS and CNN coverage with the Ellisons and Weiss, The Post reported last week.

“Larry Ellison is great and his son David is great,” Trump told reporters in October. “They’re friends of mine. They’re big supporters of mine, and they’ll do the right thing.”

The younger Ellison assured Trump administration officials that he would make sweeping changes to CNN if he bought Warner Bros., the Wall Street Journal reported in December. His dad Larry, the billionaire founder of Oracle, is a close ally of Trump’s.

The president previously said he would not be involved in the deal’s review – but last week warned Netflix that it would “pay the consequences” if it didn’t fire former Biden official Susan Rice from its board.

YOKOHAMA, JAPAN - FEBRUARY 28: The SanDisk Corp. booth is seen at the CP+ Camera and Photo Imaging Show in Yokohama, Japan. (Photo by Tomohiro Ohsumi/Getty Images)

Getty Images

SanDisk’s stock has markedly outperformed its competitors over the past year, but how does it genuinely measure against rivals within the fast-evolving data storage industry as of February 27, 2026?

The analysis indicates strong revenue growth and substantial free cash flow generation. Nonetheless, it is grappling with a difficult valuation due to its current lack of profitability. Future advancements depend on maintaining market position and achieving a steady return to earnings.

SNDK’s 14.3% operating margin is strong for NAND, yet it falls behind MU’s 32.5%, highlighting DRAM’s greater demand and pricing driven by AI.SNDK’s 23.6% revenue growth, fueled by NAND recovery and AI, surpasses NTAP and PSTG, but lags MU, STX, and WDC within the wider data center growth.SNDK’s 1306.9% increase reflects optimism for an AI memory supercycle; its -89.7 PE indicates strong investor confidence in a swift earnings recovery.Here’s how SanDisk compares in terms of size, valuation, and profitability against significant peers.

metrics

Trefis

Below we compare SNDK’s growth, margin, and valuation with peers over the years.

Revenue Growth ComparisonRevenue metrics

Trefis

MORE FOR YOU

Operating Margin ComparisonProfitability metrics

Trefis

PE Ratio ComparisonPE Comparison metrics

Trefis

Still uncertain about SNDK stock? Consider a portfolio approach.

Portfolios Beat Stock PickingStocks can experience significant fluctuations, but long-term success stems from remaining invested. A well-structured portfolio can help you benefit from gains while mitigating the impact of declines in individual stocks.

The Trefis High Quality (HQ) Portfolio, featuring a selection of 30 stocks, has consistently outperformed its benchmark, which includes the S&P 500, S&P mid-cap, and Russell 2000 indices. What’s the reason for this? The HQ Portfolio has achieved over 105% in cumulative returns since its inception, with lower risk compared to the benchmark, as can be seen in the HQ Portfolio performance metrics.

EchoStar Corporation (SATS) Q4 2025 Earnings Call Transcript

Pfizer Inc. (PFE) TD Cowen 46th Annual Health Care Conference March 2, 2026 10:30 AM EST

Company Participants

Albert Bourla - Chairman of the Board & CEO

Conference Call Participants

Steve Scala - TD Cowen, Research Division

Presentation

Steve Scala
TD Cowen, Research Division

Well, good morning once again, and welcome to TD Cowen's 46th Annual Healthcare Conference. We're delighted to have you here.

We're especially delighted to welcome Pfizer back to the conference this year and representing the company, Albert Bourla, who is Chairman and CEO. So Albert, thank you so much for making the journey.

Albert Bourla
Chairman of the Board & CEO

Great pleasure.

Question-and-Answer Session

Steve Scala
TD Cowen, Research Division

Lots to talk about, so much going on internally to Pfizer, but also in the external environment. So I'd like to start out with the external environment. Albert, you were front and center through the whole process of negotiating deals with President Trump. You were the first person to be in the White House to sign the deal. What surprised you most about that process and the outcome for Pfizer relative to the deal?

Albert Bourla
Chairman of the Board & CEO

What surprised me the most, it is the competence of the people on the other side of the table, which I didn't expect. Those are people from Medicare, basically, and under all this department, and they were like talking to a business partner. They knew their stuff. They were very pragmatic. They could find solutions. And usually you expect from government negotiators to be the opposite of that. So I think that was very, very surprising.

Eventually, I think we did absolutely the right thing, and that was rewarded by the market and that, of course, 16 other companies followed and now there are 17 companies. I think

As the Senate returns late Monday and the House plans to reconvene on Tuesday, the White House is planning a series of briefings with members on the weekend attack on Iran.

Secretary of State Marco Rubio will brief congressional leaders on the war in Iran on Monday afternoon. On Tuesday, Secretary of Defense Pete Hegseth, CIA Director John Ratcliffe and Chairman of the Joint Chiefs of Staff Dan Caine will hold an all-Congress briefing, the White House confirmed on Monday.

White House spokesperson Dylan Johnson on Monday said relevant congressional staffers had also been briefed.

"Yesterday, the Department of War briefed the bipartisan staffs of several national security committees in both chambers for over 90 minutes on the military action in Iran," Johnson said in an email on Monday.

Immediately after the attacks, which killed Iran's Supreme Leader Ayatollah Ali Khamenei, bipartisan lawmakers called for briefings on the military action. Democrats, in particular, questioned the legality of the strikes, which were carried out without authorization from Congress.

Read more U.S.-Iran newsFollow CNBC's live coverage of the U.S. strikes in IranIran war prediction bets draw heat: ‘Insane this is legal’Pro: U.S.-Iran war sparks market sell-off. When is it time to buy the dip?Iran strikes halt Qatar LNG output, shaking global energy marketsKhamenei's death raises questions about Trump's China tripDefense stocks jump as U.S., Iran exchange attacksWhat travelers need to know after the U.S., Israeli strikes on IranHow Iran chooses its supreme leader, and who could be next?Iran conflict: Where things stand, global responses — and what comes nextDemocrats in both chambers have vowed to force votes this week on war powers resolutions that could limit President Donald Trump's authority to carry out further attacks on Iran.

Rubio will meet with the Gang of Eight, a group that includes leaders from both parties in the House and Senate, as well as the chairs and ranking members of the Senate and House intelligence committees. The Gang of Eight was briefed last week ahead of the attack.

In an appearance on CNN's "News Central" on Monday morning, House Minority Leader Hakeem Jeffries, D-N.Y., was asked what his biggest question was going into the briefing.

"The administration has failed to provide any justification for these preemptive strikes. And so we'll continue to look for information that they owe the American people to suggest that there was intelligence indicating that Iran was prepared to strike the United States," Jeffries said. "Nothing has been presented to justify what's taken place up until this point, and the administration has an obligation to be able to prove that."

Rep. Jim Himes, D-Conn., the top Democrat on the House Select Committee on Intelligence, said in a statement on Saturday that based on information received from the administration, "this is a war of choice with no strategic endgame."

"As I expressed to Secretary Rubio when he briefed the Gang of Eight, military action in this region almost never ends well for the United States, and conflict with Iran can easily spiral and escalate in ways we cannot anticipate. It does not appear that Donald Trump has learned the lessons of history," Himes said.

Company Expects Residential Customer Prices to be Lower Overall in 2026 than in 2025

, /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) lowered electric rates on March 1, 2026—the fifth time since January 2024. The decrease marks the third consecutive electric price cut since last September for residential customers who receive both electricity supply and delivery from PG&E.

PG&E Lowers Electric Prices in March, Fifth Electric Rate Drop Since Early 2024 Combined with previous decreases, residential bundled electric rates are 13% lower than in January 2024, reinforcing the company's commitment to manage energy costs for customers. Since that time, typical residential electric customer bills are about $25 less per month, assuming a consistent monthly usage of 500 kilowatt-hours.

Based on current information, the company expects typical residential electric rates to be lower overall in 2026 than in 2025. This is part of PG&E's ongoing effort to stabilize energy prices for customers.

"We are delivering on our promise to lower prices for our customers again, even as national prices are expected to rise. Our actions match our promises: we've reduced electric rates five times since January 2024 and remain committed to finding new ways to save and pass those savings on to our customers," said PG&E Corporation CEO Patti Poppe.

PG&E's electric prices have stabilized and are going down, even while the U.S. Energy Information Administration expects national electric prices to rise by nearly 10% between 2024 and 2026.

March Electric Rate Decrease

On March 1, 2026, PG&E reduced residential electric rates by 1.8% compared to February rates, for customers who get both electricity supply and delivery service from PG&E. Electric rates decreased about 8.3% for customers who receive the California Alternate Rates for Energy (CARE) income-eligible discount.

Typical residential electric bills are decreasing by about $5.14 per month. For CARE customers, bills are going down approximately $10.37 per month. Typical electric customers use about 500 kilowatt hours of electricity per month.

Electric rates are decreasing because the costs for completed safety and reliability work coming out of rates exceed the costs for new investments authorized by PG&E's regulators.

Restructured Electric Bill Debuts in March

The electric rate decrease also includes the new Base Services Charge. The California Public Utilities Commission directed the state's investor-owned utilities to implement the charge under California Assembly Bill 205.

The Base Services Charge lowers the price of electricity for all residential customers. It is not a new fee and does not increase the revenue that PG&E collects from customers. It makes bills clearer and more transparent, shifts costs away from low-income customers and makes it more affordable to transition to more clean-powered electric appliances in the home.

The new bill separates some costs of service from the price per unit (kilowatt hour) of electricity use, including approved infrastructure and maintenance costs for connecting customers' homes to the grid, energy efficiency and demand response programs, call center services and billing, all of which previously were included in electricity usage costs.

The Base Services Charge for customers enrolled in the California Alternative Rates for Energy (CARE) program is about $6 per month, while those in the Family Electric Rate Assistance (FERA) program and customers who live in Affordable Housing (Deed Restricted) pay approximately $12 monthly. For most customers, the Base Services Charge is about $24 per month.

The change aligns PG&E's billing structure with California's other large, regulated utilities and other utilities nationwide.

Each customer's usage varies so the lower price per unit of electricity used may or may not lead to a lower total bill.

Natural Gas Rate Change

On March 1, 2026, PG&E natural gas rates increased slightly by 0.3%, compared to February rates. The increase is due to the recovery of authorized costs for safety and emergency response work that was completed for customers.

Typical residential natural gas bills are increasing by about $0.24 per month. A typical residential customer uses about 31 therms of energy monthly. For a typical residential CARE customer using about 26 therms of energy monthly, bills will increase by about $0.16 per month.

The energy supply portion of natural gas bills changes monthly based on market prices. PG&E does not mark up energy supply costs.

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than sixteen million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

SOURCE Pacific Gas and Electric Company

Toronto, Ontario--(Newsfile Corp. - March 2, 2026) - Montero Mining and Exploration Ltd. (TSXV: MON) (OTC Pink: MXTRF) (FSE: ES0) ("Montero" or the "Company") is pleased to announce the completion of a comprehensive data compilation and detailed exploration program at its Elvira gold project in Chile's Maricunga Belt. The program incorporates advanced data analytics, including artificial intelligence and machine learning tools, as part of the Company's ongoing interpretation process.

The Elvira Project is located approximately 170 km northeast of Copiapó in Chile's Maricunga Belt in the Atacama Region of northern Chile, a recognized mining district hosting Kinross' La Coipa and LOBO mines, Gold Fields' Salares Norte mine, and Rio2's Fenix gold project. (see Figure 1).

The Project comprises a contiguous package of mining concessions covering the interpreted alteration footprint and structural corridors identified to date. A location map showing the regional setting is presented in Figure 1, and a detailed concession outline with simplified geology presented in Figure 2.

*Adjacent property Mineral Resource and Mineral Reserve estimates shown in Figure 1, including those for Salares Norte, Fenix Gold, La Coipa and Lobo-Marte, are derived from publicly available disclosures prepared by the respective owners in accordance with applicable securities regulations, including: 1Gold Fields Limited, Salares Norte Technical Report Summary (effective 31 December 2024); 2Rio2 Limited, NI 43-101 Feasibility Study Technical Report for the Fenix Gold Project (effective 16 October 2023); and 3Kinross Gold Corporation, La Coipa and Lobo-Marte Mines Mineral Reserve and Resource Statement as at 31 December 2024, prepared in accordance with CIM Definition Standards. Such information is not necessarily indicative of mineralization on the Company's Elvira project.

The program included:

Compilation and digitization of available historical exploration dataASTER and Sentinel-2 imagery analysis for clay and iron oxide mappingDetailed 1:10,000 scale geological mappingHigh-resolution surface geochemical sampling, including four-acid digestion ICP-MS analytical methods205 line-kilometres of ground magnetic surveying (50 metre line spacing)19.2 line-kilometres of Induced Polarization ("IP") and resistivity surveying across seven linesThe objective of the program was to refine the geological and structural understanding of the Elvira high-sulphidation epithermal system and evaluate its potential for mineralization at depth.

Dr. Tony Harwood, President and CEO, commented: "The completion of this integrated program represents an important step forward in our understanding of Elvira. Rather than focusing on isolated anomalies, we are taking a systematic approach, combining detailed fieldwork with AI-assisted modelling and modern visualization tools to identify and prioritize areas for further analysis. This work is ongoing and will guide the next phase of exploration leading to drill target definition following completion of the Company's technical evaluation process."

Historic Exploration and Drill Intercepts
Historical exploration at Elvira has included geological mapping, surface geochemical sampling, geophysical surveys, and drilling programs completed between 2014 and 2016 after the project was optioned from Anglo American by Buenavista Gold (Buenavista Gold, 2016). Between 2014 and 2015, a total of 5,711 metres of drilling was completed, comprising of 13 diamond drill holes (3,025 m) and 14 reverse circulation ("RC") holes (2,686 m) under a joint venture arrangement with EPG (Empresa Nacional de Minería). Drilling tested portions of the high-sulphidation alteration system and intersected gold, copper, zinc and silver mineralization. Reported gold intercepts included 39 metres grading 0.66 g/t Au, including 11 metres grading 2.0 g/t Au. Additional reported intervals included 114 metres at 0.14% Cu, 128 metres at 0.23% Zn, 88 metres at 0.34% Zn, and 30 metres at 42 g/t Ag.

Additional RC drilling was completed in 2016 by Buenavista Gold, which also reported an intercept of 39 metres grading 0.66 g/t Au. Overall results from the drilling programs indicate a zoned high-sulphidation epithermal system with gold mineralization accompanied by copper, zinc and silver.

The reported intercepts represent downhole lengths; true widths are unknown. Collar locations, drill orientations, sampling intervals, analytical methods and QA/QC procedures have not been independently verified by the Company. A Qualified Person has not completed sufficient work to verify the historical results, and they should not be relied upon as current mineral resources or mineral reserves. The historical information is provided solely to indicate the exploration potential of the property. (reported by Buenavista Gold, 2016).

Geological, Structural, and Alteration Mapping
Detailed mapping confirms that Elvira hosts a large high-sulfidation hydrothermal system developed over volcanic-sedimentary basement rocks intruded by dacitic and andesitic bodies. Quartz-alunite alteration, vuggy silica, and hydrothermal breccias are widespread across the central project area.

The integrated geological and geophysical datasets have outlined several areas that warrant further evaluation. These areas remain conceptual at this stage and require additional analysis prior to drill targeting. No mineral resources or reserves have been defined on the Elvira project to date.

Geophysical Programs
The ground magnetic survey has enhanced structural interpretation across the property and assisted in delineating lithological contrasts and potential structural corridors.

The IP and resistivity surveys were designed to evaluate chargeability and resistivity patterns associated with alteration and potential sulphide mineralization at depth. The surveys have identified zones of contrasting resistivity and chargeability that are consistent with the mapped hydrothermal system. Geophysical responses are interpretive in nature and do not necessarily indicate the presence of economic mineralization.

These results are being further evaluated in the context of geological and geochemical datasets.

Geochemical Programs and Ongoing Independent Analysis
High-resolution surface geochemical sampling has been completed across the central project area utilizing four-acid digestion ICP-MS analytical methods. The geochemical dataset is currently being compiled, validated and prepared for integration into the Company's evolving geological model.

In addition, an independent geochemical vectoring analysis has been commissioned with Fathom Geophysics (an independent geophysical and geochemical consulting firm). This work remains in progress, and final interpretive results have not yet been received. Upon completion, the Fathom analysis will be incorporated into the Company's broader multi-dataset integration and three-dimensional modelling process.

Data Integration and AI-Assisted Analysis
The Company is now integrating all geological, geochemical, and geophysical datasets using advanced data analytics, including AI and machine learning tools, together with three-dimensional visualization modelling. The interpretation process remains ongoing and subject to refinement as additional analytical work and final technical reports are received.

Next Steps

Continued integration of geological, geochemical and geophysical datasetsRefinement of three-dimensional structural and alteration modelsOngoing AI and machine learning analysis to prioritize areas for follow-upCompletion of technical evaluation prior to any decision regarding drill testingThe Company intends to provide more detailed technical reporting on the geology, geophysical, and geochemical programs, as well as the results of its AI-assisted analysis, geological modelling and any defined drill targets, following completion of the ongoing interpretation and independent review process.

Qualified Person
The scientific and technical information contained in this press release has been reviewed and approved by Mr. Marcial Vergara, B.Sc., and Mr. Mike Evans, M.Sc. Pr.Sci.Nat., each a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and consulting geologists to the Company.

About Montero
Montero Mining and Exploration Ltd. is a Canadian exploration company focused on gold and copper exploration in Chile. Montero holds a 100% interest in the Avispa copper-molybdenum project in the Palaeocene Porphyry Cu-Mo Belt of northern Chile and has an option to acquire the Elvira and Potrero gold projects in the Maricunga Gold Belt. These projects are currently being advanced through exploration. The Company's board and management have a proven track record in discovery and development of precious and base metal projects.

Montero is listed on the TSX Venture Exchange under the symbol MON and has 8,353,833 Common Shares and 835,383 stock options outstanding.

For more information, contact:
Montero Mining and Exploration Ltd.
Dr. Tony Harwood, President, and Chief Executive Officer
E-mail: [email protected]
Tel: +1 604 428 7050
www.monteromining.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All figures are in Canadian dollars unless otherwise noted.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking information" within the meaning of applicable Canadian securities laws. Forward-looking information in this press release includes, but is not limited to, statements regarding: the integration and interpretation of geological, geochemical and geophysical data; the application of artificial intelligence and machine learning tools; the identification, evaluation or prioritization of areas for further exploration; the potential for mineralization; and the timing or scope of future exploration activities, including any potential drilling. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "does not anticipate", or "believes", or variations of such words and phrases, or statements that certain actions, events or results "may", "could", "would", "might" or "will" occur or be achieved. Such information is based on information currently available to Montero and on assumptions management believes are reasonable as of the date of this news release. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to: risks related to mineral exploration and development activities; uncertainties inherent in the interpretation of geological and geophysical data; the speculative nature of mineral exploration; commodity price fluctuations; changes in general market conditions; regulatory approvals and permitting risks; availability of financing; operational and technical risks; and other risk factors described in the Company's public disclosure documents filed on SEDAR+. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on forward-looking information. Montero does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285982

Source: Montero Mining and Exploration Ltd.

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