PancakeSwap (CAKE) recorded a 13% rally over the past week, successfully reclaiming the psychological level of $1.50 after a month of sideways consolidation. Open Interest (OI) in perpetual contracts increased by 28% in 24 hours, reflecting a strong influx of speculative capital and spot market demand. The key resistance zone is located at $2.16, a level the asset must surpass on 3-day charts to confirm a long-term trend reversal. The Decentralized Finance (DeFi) segment has its eyes on PancakeSwap, as it achieved an 8.2% upward surge in a single day after being trapped between $1.20 and $1.30. This market action reintroduces the CAKE token into a historical trading range, challenging the weakness shown by buyers over the past year.
From a technical perspective, the $1.50 level has acted as a crucial support and resistance axis since July 2023. While optimism floods the sector, the asset faces a significant barrier at $2.16; historically, incursions toward $3.00 or $4.20 have triggered aggressive profit-taking that diluted existing demand.
Consequently, the recent increase in Spot CVD suggests that the current movement is backed by real buying and not just leverage. However, analysts warn that the sustainability of this rally will depend directly on Bitcoin’s stability and the bulls’ ability to absorb supply in the $1.60 zone.
In this sense, short-term traders consider that a pullback toward the $1.40 or $1.45 area could represent a strategic entry opportunity. Thus, the market seeks to establish a solid floor before attempting to attack higher levels that have not been consolidated in the last fifteen months.
Technical Challenges and the Impact of Open Interest As market sentiment improves, activity in the derivatives market indicates that speculators are betting on the continuation of the move. The 28% increase in Open Interest demonstrates renewed conviction, although this also raises potential volatility due to possible cascading liquidations if the price fails to hold $1.50.
In summary, although PancakeSwap shows a bullish structure during “red seasons,” it still must demonstrate strength against macro resistances. The success of this rally will depend on converting $1.50 into definitive support and the capital flow toward altcoins remaining constant over the coming weeks.
2026-03-17 03:571mo ago
2026-03-16 23:001mo ago
Cardano leads top 10 with 10% gain – But sentiment says bulls aren't back
Cardano climbed 10% in the past 24 hours, leading the top ten cryptocurrencies by market capitalization.
Daily trading volume jumped 144% to $839 million at press time, signaling renewed trading activity across ADA markets.
The rally coincided with broader market strength. The crypto market rose 3.19%, while the Altcoin Season Index climbed to 46.
That reading suggested altcoins drove much of the market’s recent momentum.
Analyzing the top 10 cryptos’ performance Despite leading daily gains, Cardano [ADA] ranked among assets with the most bearish sentiment.
CoinMarketCap data showed ADA sentiment near 25%, the fifth-lowest among the top 100 cryptocurrencies by market capitalization.
TRON [TRX] also appeared on the list with sentiment near 24%.
However, this weak sentiment raised concerns around Cardano’s stability within the top ten rankings.
Cardano’s market capitalization stood roughly $400 million ahead of Hyperliquid [HYPE], leaving a limited buffer against a ranking shift.
Source: CoinMarketCap That sentiment aligned with recent distribution activity among ADA whales. Large holders had reduced positions earlier this week.
Such a distribution introduced additional selling pressure before the current rally began.
Even so, the top ten cryptocurrencies traded mostly higher during the same period.
That shift left traders watching Cardano’s technical setup closely.
Can ADA breach $0.30? The price action chart showed ADA was rising toward the $0.30 resistance level that had been the top for the one-and-a-half-month range.
The Cumulative Volume Delta (CVD) was positive, with the indicator showing a net buy volume of 40.44 million ADA. Additionally, the MACD was green with increasing bars, indicating bulls were gaining strength.
The key question rested on ADA surpassing $0.30 despite having rejected a breakout more than three times. However, a breakout would push the altcoin to $0.36, which was its second most recent lower high.
Source: ADA/USDT on TradingView Conversely, ADA could revisit the $0.25 zone if the range movement continued, as previous reactions showed. That said, what was driving the day’s rally that outpaced all its peers?
Cardano’s Perps vs. DEX volumes Cardano was driven by the trading volume on the futures market rather than that on decentralized exchanges (DEXs). As per DefiLlama, the Perpetual Volume was $5.79 million, which was more than 5x that of DEXs at $871K.
Source: DeFiLlama In fact, CoinGlass data from all exchanges showed that there was a total of $23.79 million in cumulative long liquidation leverage compared to $12.28 million in shorts.
Altogether, Cardano led the top chains with daily gains from leveraged bull positions and a short-term bullish technical outlook. However, sentiment and whale distribution could mean the altcoin is far from breaking out of the range.
Final Summary
2026-03-17 03:571mo ago
2026-03-16 23:001mo ago
XRP Could Need Five Macro Cycles To Break $100, Analyst Says
XRP may need as many as five macro cycles to push beyond $100, according to a chart shared by analyst TARA, known on X as @PrecisionTrade3, who outlined a long-range roadmap that places the token’s first nine-figure milestone far beyond the current market structure.
In the post, TARA said the projection was built around price targets rather than a calendar. “Keep in mind that I measured for price only, NOT time. I used only the textbook/conservative targets and as the cycles develop, each of these targets will be adjusted with the actuals,” the analyst wrote. “This is how many MACRO cycles it could take before XRP breaks $100. Many waves, many corrections, many years.”
XRP price prediction | Source: X @PrecisionTrade3 The Projected Path Above $100 For XRP The chart (12-month XRP/USDT Binance pair) maps out a staircase of cycle tops beginning with a completed Cycle 1 target at $3.65. From there, the model points to roughly $8.68 for Cycle 2, about $22.50 for Cycle 3, nearly $59 for Cycle 4, and around $153 for Cycle 5. On that framework, XRP does not clear $100 until the fifth major leg higher.
That immediately pushed the conversation toward timing. One commenter asked whether failing to reach $8 yet means the market is still in Cycle 2 and could therefore need “20 years plus” to reach triple digits. TARA did not commit to a precise window but suggested the path could still be lengthy at the present pace. “Yea maybe 10 years at the current rate… hard to tell… and of course SO many factors can accelerate these cycles. Price targets would remain though- it would just move through the cycle much faster.”
The thread also made clear that the analyst is not calling for a straight-line move higher. When asked whether XRP could go directly from the $8.68 area to the $22.50 region, TARA said a correction would still be required, adding that a conservative retracement back toward roughly $3.65 should be expected. In a follow-up, the analyst said “2 major corrections should be expected otw to $22,” reinforcing the idea that the projected path is sequential and structurally messy, not parabolic.
That longer-term map sits alongside a much more cautious near-term view. In an earlier March 9 post, TARA said XRP was still stuck between two levels already being tracked, with the .618 at $1.47 acting as resistance and the .5 level at $1.33 serving as support that needed to break lower to complete the rest of the fifth wave. The analyst said the “plan has not changed,” and that the .786 support at $0.87 was still expected before XRP “takes off for Wave 3.”
That bearish intermediate setup remained intact in later replies. Asked whether XRP could still drop to $0.87 before printing new all-time highs, TARA answered yes, while noting one condition that could briefly extend the upside first. “Watching this closely now bc its trying to break above $1.47,” the analyst wrote. “If it does, and depending on BTC targeting $75.4k-$79k, it could push XRP as high as the $1.88 level and then still back down to $.87.”
The same reply thread put the next major resistance at $1.88 on Binance, which TARA said roughly equates to $2.02 on Coinbase because of exchange-level pricing discrepancies. On momentum, the analyst added that Bitcoin looked set to test $75,400 soon, but said XRP’s RSI was not “breaking out,” a sign, in that reading, that the move still looked corrective rather than the start of a new trend.
At press time, XRP traded at $1.50.
XRP must break the 0.618 Fib now, 1-week chart | Source: XRPUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com
2026-03-17 03:571mo ago
2026-03-16 23:171mo ago
Tom Lee Highlights Ethereum Bottom Signal From Trader Known For 'Patience And Discipline' As ETH Surges Past Key Support
A Short-Term Bottom For ETH?Brandt, a technical analyst with nearly 50 years of experience, spotted Ethereum forming a short-term bottom at a “historical” long-term support level, around the $1,800–$2,200 area.
Quoting the analysis, Lee said, “Peter is known for his patience and discipline. To me, its signal that he is highlighting ETH.”
What Are The Signals To Watch?Ali Martinez, another well-known cryptocurrency trader and commentator, had something similar to say.
“Ethereum just signaled the end of the downtrend,” Martinez stated. “We've survived the grind from September to March. The next key levels to watch are $2,400 and $2,600.”
Martinez interpreted reclaiming $2,200 as support as a key milestone, with the SuperTrend indicator—a tool used for identifying market trends and potential entry and exit points—switching from “Sell” to “Buy.” The last two times it happened, ETH moved by 52% and 174%, respectively.
BitMine Loads Up On ETHThis bullish outlook coincided with ETH’s spike to $2,380, its highest in six weeks. Over $200 million in ETH shorts were liquidated from the market over the last 24 hours.
Meanwhile, BitMine disclosed its largest Ethereum purchase this year, acquiring 60,999 ETH last week. This purchase, worth nearly $143 million at current prices, increased BitMine’s total holdings to 4,595,562 ETH, representing 3.81% of the total Ethereum supply.
Price Action: At the time of writing, ETH was exchanging hands at $2,357, up 8.37% in the last 24 hours, according to data from Benzinga Pro.
BitMine shares rose 1.58% after-hours after closing 13.88% higher at $23.39 during Monday’s regular trading session.
Despite high Momentum ranking in Benzinga’s Edge Stock Rankings, BMNR showed weak price trends across short, medium, and long terms.
Photo: VPLAB On Shutterstock.com
Market News and Data brought to you by Benzinga APIs
Ethereum price started a major increase above the $2,250 zone. ETH is now showing positive signs and might aim for more gains above $2,400.
Ethereum started a steady upward move above the $2,250 zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $2,400 zone. Ethereum Price Rallies Over 10% Ethereum price extended its upward move after it cleared the $2,150 zone, like Bitcoin. ETH price was able to clear the $2,200 resistance zone.
The bulls pushed the price above $2,320 and $2,350. A high was formed at $2,385, and the price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $2,062 swing low to the $2,385 high.
Ethereum price is now trading above $2,320 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,120 on the hourly chart of ETH/USD.
Source: ETHUSD on TradingView.com If the bulls remain in action above $2,320, the price could attempt another increase. Immediate resistance is seen near the $2,365 level. The first key resistance is near the $2,380 level. The next major resistance is near the $2,400 level. A clear move above the $2,400 resistance might send the price toward the $2,450 resistance. An upside break above the $2,450 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term.
Downside Correction In ETH? If Ethereum fails to clear the $2,400 resistance, it could start a fresh decline. Initial support on the downside is near the $2,320 level. The first major support sits near the $2,220 zone or the 50% Fib retracement level of the recent upward move from the $2,062 swing low to the $2,385 high.
A clear move below the $2,220 support might push the price toward the $2,150 support. Any more losses might send the price toward the $2,100 region. The main support could be $2,050.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 zone.
Major Support Level – $2,320
Major Resistance Level – $2,400
2026-03-17 03:571mo ago
2026-03-16 23:231mo ago
TRUMP Coin Surges 36% as Whale Accumulation Intensifies Ahead of Trump Gala
TRUMP Coin has surged as much as 36% in recent sessions, with demand accelerating sharply as large investors accumulate tokens ahead of an exclusive gala event linked to President Donald Trump.
The rally reflects an unusual dynamic in crypto markets, where token ownership is increasingly tied to real-world access and status, rather than purely financial speculation.
As a result, price momentum has been driven not only by market sentiment but also by competition among high-value investors.
Whale Accumulation Drives Market Momentum Onchain data shows a notable rise in large holders, often referred to as whales.
The number of wallets holding over 1 million TRUMP tokens climbed to 83, marking the highest level in more than five months.
This surge in accumulation coincided with growing interest in the upcoming gala luncheon, which offers only 297 seats, creating a supply-demand imbalance that is directly influencing price action.
Some investors moved quickly after the announcement, purchasing millions of dollars’ worth of tokens within hours and benefiting from the subsequent price increase.
From Investment Asset to Access Pass The TRUMP token’s utility has shifted beyond a traditional investment narrative.
Instead of long-term accumulation based on expected returns, the token is now functioning as a gateway to exclusive experiences, where holding more tokens improves eligibility for event access.
A live leaderboard system ranks participants competing for the limited 297 spots, adding a gamified layer to accumulation.
This structure has encouraged continuous buying, as investors attempt to secure or improve their position before the cutoff.
Price Reaction Reflects Event-Driven Demand The market response has been immediate.
TRUMP Coin rose from below $3 to above $4 within a short timeframe, as news of the gala spread and demand intensified.
Analysts note that this type of rally differs from typical crypto cycles, as it is driven by event-based urgency rather than macro trends or technological developments.
The presence of a fixed event date has further amplified buying pressure, as investors face the risk of missing out entirely.
Winners and Losers in a Fast-Moving Market While some whales recorded significant unrealized gains during the rally, others exited positions earlier during a period of declining prices and missed the upside.
This divergence highlights the volatility of hype-driven tokens, where timing and information asymmetry can significantly impact outcomes.
The competitive structure also means that large investors may continue accumulating even at higher prices, reinforcing upward momentum in the short term.
Market Concerns Around Access and Influence The event has also attracted scrutiny.
Lawmakers previously raised concerns about similar gatherings, questioning whether linking token ownership to exclusive access could blur the line between financial markets and influence-based systems.
Those concerns have resurfaced as the upcoming gala gains attention, particularly given that a relatively small number of large holders appear to control a significant portion of the token supply.
A Broader Shift in Crypto Culture The TRUMP token rally reflects a broader evolution within the crypto space.
Digital assets are increasingly being used not just for trading or investment, but also for networking, branding, and access to elite communities.
This shift introduces new forms of demand that are less tied to traditional valuation models and more influenced by social dynamics.
What Comes Next for TRUMP Coin As the gala approaches, market behavior may remain highly reactive.
Some participants are likely to secure profits before the event, while others may continue holding tokens to maintain eligibility for access.
This creates a delicate balance between speculative selling and sustained demand.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions
2026-03-17 03:571mo ago
2026-03-16 23:261mo ago
Singapore Surges Ahead in Shiba Inu as 441B SHIB Changes Hands
The Singapore-based exchange Coinhako recorded massive movements involving over 441 billion SHIB tokens within just 24 hours. A withdrawal of 253.69 billion SHIB from hot wallets was reported, while 187.66 billion remain secured in the exchange’s cold wallets. Coinhako’s operating volume is 60% dominated by institutional participants, consolidating Singapore as a strategic node for this asset. The Coinhako exchange, a benchmark in Singapore’s crypto ecosystem, captured market attention after coordinating massive Shiba Inu transfers. This action comes in response to a surge in demand for the token within the Asian region.
In financial terms, transactions from Coinhako’s “hot wallet” represent an approximate value of $1.58 million. In light of this, the price of SHIB reacted positively with a 2.86% increase, after reaching daily peaks of over 8% during the session.
Institutional Accumulation and Coinhako’s Role This dynamism underscores the importance of regulated exchanges in Singapore, which allow for the direct trading of SHIB against the Singapore Dollar (SGD). Coinhako’s infrastructure is proving key to the portfolio rebalancing of large-scale investors.
In this regard, experts suggest that these large transfers indicate a phase of strategic accumulation by crypto whales. The use of robust infrastructure in Asia allows these institutional actors to manage their liquidity efficiently.
Currently, the asset is trading around $0.00000613, driven by anomalous activity in leading financial centers. The flow of tokens between wallets suggests that interest in the “memecoin” has transcended conventional retail trading.
In summary, the mobilization of 441 billion SHIB in Singapore reflects a maturation of the market toward institutional levels. The combination of regulatory clarity and high local demand positions the island as the current epicenter of Shiba Inu activity.
2026-03-17 02:571mo ago
2026-03-16 22:001mo ago
Western Star Resources Corrects Finders Fees for Private Placement
March 16, 2026 – TheNewswire - Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (the “Company” or “Western Star”) is issuing a correction to the finder’s fees for the private placement financing previously announced on February 25, 2026 (the “Private Placement”).
The Company will pay an additional $40,050 cash commission and issue 267,000 finder’s warrants to certain finders. Each finder’s warrant will entitle the holder to purchase one common share of the Company at a price of $0.30 per common share for a period of two years following the closing of the Private Placement.
All other terms remain the same.
About Western Star Resources
Western Star Resources is a mineral exploration and development company. The Company’s objective is to increase shareholder value through the development of exploration properties using cost-effective exploration practices, acquiring further exploration properties and seeking partnerships by either joint venture or sale with industry leaders. The Company currently owns nine non-surveyed contiguous mineral claims totaling 4,740 hectares, which are located within the Revelstoke mining division of British Columbia. The Western Star property group is located approximately 50 kilometers southeast of Revelstoke, B.C., and roughly 10 kilometers north of the abandoned community of Camborne.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.
2026-03-17 02:571mo ago
2026-03-16 22:011mo ago
ROSEN, RECOGNIZED INVESTOR RIGHTS COUNSEL, Encourages Enphase Energy, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ENPH
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Enphase Energy, Inc. (NASDAQ: ENPH) between April 22, 2025 and October 28, 2025, inclusive (the "Class Period"), of the important April 20, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Enphase securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Enphase class action, go to https://rosenlegal.com/submit-form/?case_id=25593 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 20, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Enphase overstated its ability to manage its channel inventory; (2) Enphase overstated its ability to mitigate effects arising from the termination of the Residential Clean Energy Credit; (3) accordingly, Enphase overstated its financial and operational prospects; and (4) as a result, Enphase's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Enphase class action, go to https://rosenlegal.com/submit-form/?case_id=25593 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288784
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Investors often search for companies that can withstand economic downturns with minimal damage. These so-called recession-proof businesses typically sell essential products or services -- things consumers continue buying regardless of economic conditions.
At first glance, Tesla (TSLA +1.16%) might not seem to fit that description. The company sells cars, and the auto industry has historically been one of the most cyclical sectors in the global economy. During recessions, consumers often delay large purchases, such as vehicles.
So does that mean Tesla is especially vulnerable during economic downturns?
Not necessarily. While Tesla is far from recession-proof, the company possesses several structural advantages that could help it navigate downturns better than many traditional automakers.
Image source: Getty Images.
Tesla still operates in a cyclical industry Despite its reputation as a technology company, Tesla still generates the vast majority of its revenue from vehicle sales. In 2025, automotive revenue accounted for 73% of total revenue. That reality ties the company closely to consumer spending trends.
During recessions, households typically postpone big-ticket purchases, such as car purchases. Auto loans become harder to secure, interest rates rise, and consumer confidence falls. Even buyers who want a new car may wait until economic conditions improve.
Tesla faces these same pressures. In fact, its vehicles often sit in the premium segment of the market, making demand more sensitive to shifts in consumer sentiment. Besides, competition also becomes more intense during economic slowdowns. Automakers frequently lower prices or offer incentives to stimulate demand, which compresses margins across the industry.
In other words, Tesla does not escape the fundamental cyclicality of the auto business.
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Tesla has advantages that could soften the impact. While Tesla operates in a cyclical industry, it does not operate like a typical automaker.
First, the company maintains a relatively strong balance sheet. It had $44 billion in cash and cash equivalents as of the most recent quarter, giving it enormous flexibility to continue investing in new technologies and production capacity even during challenging economic periods.
Second, Tesla's vertically integrated business model gives the company greater control over costs than many automakers. Tesla develops much of its software, battery technology, and manufacturing processes internally, which allows it to adjust pricing and production more quickly when market conditions change. While Tesla's automotive margins have declined in recent years and now sit closer to the middle of the industry, this flexibility could still help the company respond faster than competitors during periods of weaker demand.
Third, Tesla benefits from strong brand recognition and a loyal customer base. Despite rising competition in the electric vehicle market, Tesla remains one of the most recognizable names.
These advantages do not eliminate economic sensitivity. But they may allow Tesla to navigate downturns more effectively than weaker automakers.
Tesla's long-term strategy could change the equation Tesla's long-term vision could eventually make its business model less dependent on vehicle sales.
The company is investing heavily in autonomous cars, robotaxi networks, and humanoid robotics. If these initiatives succeed, they could create recurring revenue streams that behave differently from revenue from traditional auto sales.
For example, a robotaxi network would generate revenue through transportation services rather than one-time vehicle purchases. Software features tied to autonomous driving could also create subscription-like revenue with higher margins.
Tesla's energy storage business represents another potential source of diversification. Demand for large-scale battery storage systems depends more on infrastructure investment and grid stability than on consumer spending cycles.
If these businesses scale meaningfully, Tesla could become less sensitive to economic cycles over time.
However, that transition has not happened yet. Today, Tesla's financial performance still depends heavily on vehicle demand.
The stock may behave differently from the business Even if Tesla's underlying business proves relatively resilient during a recession, the stock itself may remain volatile.
Growth-oriented companies often experience sharp market swings during economic uncertainty. Investors typically reduce exposure to higher-risk assets, and premium valuations can compress quickly. It doesn't help that, as of this writing, Tesla's stock trades at a high price-to-earnings (P/E) ratio of 475.
In other words, its share price may decline significantly during a recession, even if the company continues executing its long-term strategy.
What does all this mean for investors? Tesla is not a recession-proof stock. Its core business -- selling vehicles -- remains tied to consumer spending and economic conditions.
However, Tesla's strong balance sheet, operational flexibility, and emerging technology platforms could help it navigate downturns better than many traditional automakers.
For long-term investors, the key question is not whether Tesla can avoid recessions. The question is whether the company can continue investing in autonomous driving, robotics, and energy throughout the cycle.
If Tesla can maintain that investment momentum, the businesses it builds during economic downturns may ultimately shape its future growth. Put it differently, a recession could actually be beneficial for the company in the long run.
2026-03-17 02:571mo ago
2026-03-16 22:091mo ago
CWH Investors Have Opportunity to Lead Camping World Holdings, Inc. Securities Fraud Lawsuit
Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Camping World Holdings, Inc. (NYSE: CWH) between April 29, 2025 and February 24, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2026.
So what: If you purchased Camping World securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Camping World class action, go to https://rosenlegal.com/submit-form/?case_id=55841 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about Camping World Holdings' business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Camping World overstated its ability to "surgically manage [its] inventory" to optimize profit using "data analytics;" (2) Camping World overstated the retail demand of consumers it was experiencing and/or reasonably expected; (3) as a result, Camping World would require "strict, corrective inventory management objectives," negatively impacting gross profit and margins; (4) Camping World's inadequate systems and processes prevented it from ensuring reasonably accurate disclosures and/or guidance, including about the health of its balance sheet and/or the ability to manage SG&A expenses; and (5) as a result of the foregoing, defendants' positive statements about Camping World's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Camping World class action, go to https://rosenlegal.com/submit-form/?case_id=55841 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in RCAT over 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.
The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock, you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal.
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2026-03-17 02:571mo ago
2026-03-16 22:111mo ago
51WORLD Becomes NVIDIA's Global L4 Simulation Partner to Accelerate Reasoning-Based Autonomous Driving Development!
SAN JOSE, Calif., March 16, 2026 /PRNewswire/ -- At the NVIDIA GTC Conference held on March 16, NVIDIA announced a deep integration between its Omniverse NuRec and 51WORLD's SimOne. Leveraging neural rendering technology, this collaboration successfully solves the industry pain point where real-world collected scenario data is non-interactive. This breakthrough will accelerate the development of reasoning-based autonomous driving systems, such as VLA and World Models, empowering global L4 automotive partners.
It is reported that 51WORLD has achieved a 53.5% market share in China's L3+ simulation sector. This partnership will further solidify 51WORLD's core position in the global Physical AI arena.
SOURCE 51WORLD
2026-03-17 02:571mo ago
2026-03-16 22:121mo ago
EDR DEADLINE: ROSEN, HIGHLY REGARDED INVESTOR COUNSEL, Encourages Endeavor Group Holdings, Inc. Investors to Secure Counsel Before Important March 18 Deadline in Securities Class Action - EDR
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds sellers of Endeavor Group Holdings, Inc. (NYSE: EDR) Class A common stock between January 15, 2025 and March 24, 2025, both dates inclusive (the "Class Period"), of the important March 18, 2026 lead plaintiff deadline.
SO WHAT: If you sold Endeavor Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Endeavor class action, go to https://rosenlegal.com/submit-form/?case_id=51048 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 18, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: The lawsuit seeks to recover damages on behalf of investors that were damaged as a result of allegedly false and misleading statements and omissions of material facts in the January 15, 2025 Information Statement (filed with the U.S. Securities and Exchange Commission (the "SEC") pursuant to the securities laws) and subsequent amendment issued by defendants, and related filings with the SEC. Among other things, the complaint alleges the Information Statement and other solicitation materials misled investors regarding the true value of Endeavor's shares, failed to adequately disclose the earnings of Endeavor's executives under the terms of the Merger (a take-private merger), and failed to disclose conflicts of interests with Endeavor's special committee and financial advisor.
To join the Endeavor class action, go to https://rosenlegal.com/submit-form/?case_id=51048 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288787
Source: The Rosen Law Firm PA
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2026-03-17 02:571mo ago
2026-03-16 22:191mo ago
ROSEN, A TOP-RANKED LAW FIRM, Encourages Eos Energy Enterprises, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - EOSE
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Eos Energy Enterprises, Inc. (NASDAQ: EOSE) between November 5, 2025 and February 26, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 5, 2026.
SO WHAT: If you purchased Eos Energy securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Eos Energy class action, go to https://rosenlegal.com/submit-form/?case_id=18041 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 5, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Eos Energy was unable to achieve the ramp in production and capacity utilization required to achieve its previously set guidance; (2) Eos Energy's battery line downtime was running well above industry norms, the design intent of the line, and internal forecasts; (3) Eos Energy was experiencing delays in the ability for its automated bipolar production to hit quality targets; (4) Eos Energy's inadequate systems and processes prevented it from ensuring reasonably accurate guidance and that its public disclosures were timely, accurate, and complete; and (5) as a result of the foregoing, defendants' positive statements about Eos Energy's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Eos Energy class action, go to https://rosenlegal.com/submit-form/?case_id=18041 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288785
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
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2026-03-17 02:571mo ago
2026-03-16 22:231mo ago
ROSEN, LEADING INVESTOR COUNSEL, Encourages Lakeland Industries, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LAKE
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lakeland Industries, Inc. (NASDAQ: LAKE) between December 1, 2023 and December 9, 2025, inclusive (the "Class Period"), of the important April 24, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Lakeland securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Lakeland class action, go to https://rosenlegal.com/submit-form/?case_id=50020 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 24, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Lakeland was experiencing significant, sustained issues with its Pacific Helmets and Jolly businesses, including, inter alia, shipping-related delays, production issues, and slower than expected rollout of new products; (2) accordingly, defendants overstated the anticipated and actual positive impact of these businesses on Lakeland's financial results, as well as the overall strength and quality of Pacific Helmets' and Jolly's respective operations; (3) Lakeland's business and financial results were significantly deteriorating because of, inter alia, tariff-related headwinds and timing, certification delays, and material flow issues in its acquired businesses; (4) accordingly, defendants overstated the strength of their tariff mitigation measures and "small, strategic, and quick" ("SSQ") M&A strategy; (5) as a result of all the foregoing issues, defendants' financial guidance was unreliable; and (6) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Lakeland class action, go to https://rosenlegal.com/submit-form/?case_id=50020 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288734
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
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2026-03-17 02:571mo ago
2026-03-16 22:241mo ago
ROSEN, A LONGSTANDING AND TRUSTED FIRM, Encourages BlackRock TCP Capital Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TCPC
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of BlackRock TCP Capital Corp. (NASDAQ: TCPC) between November 6, 2024, and January 23, 2026, inclusive (the "Class Period"), of the important April 6, 2026 lead plaintiff deadline.
SO WHAT: If you purchased BlackRock TCP securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the BlackRock TCP class action, go to https://rosenlegal.com/submit-form/?case_id=52921 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 6, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about BlackRock TCP's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) BlackRock TCP's investments were not being timely and/or appropriately valued; (2) BlackRock TCP's efforts at portfolio restructuring were not effectively resolving challenged credits or improving the quality of the portfolio; (3) as a result, BlackRock TCP's unrealized losses were understated; (4) as a result, BlackRock TCP's net asset value was overstated; and (5) as a result of the foregoing, defendants' positive statements about BlackRock TCP's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the BlackRock TCP class action, go to https://rosenlegal.com/submit-form/?case_id=52921 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288793
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
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2026-03-17 02:571mo ago
2026-03-16 22:271mo ago
ROSEN, A RESPECTED AND LEADING FIRM, Encourages Corcept Therapeutics Incorporated to Secure Counsel Before Important Deadline in Securities Class Action - CORT
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Corcept Therapeutics Incorporated (NASDAQ: CORT) between October 31, 2024 and December 30, 2025, inclusive (the "Class Period"), of the important April 21, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Corcept common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Corcept class action, go to https://rosenlegal.com/submit-form/?case_id=51868 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 21, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants represented that the key clinical trials supporting the use of relacorilant as treatment for patients with hypercortisolism were "powerful support" for the New Drug Application ("NDA") that Corcept submitted to the U.S. Food and Drug Administration ("FDA") for this indication. Defendants also stated that they had communicated with the FDA about this NDA and were confident in submitting the NDA, foreseeing no impediments to approval. Toward the latter part of the Class Period, defendants repeatedly told investors that "relacorilant is approaching approval." In truth, the FDA had repeatedly raised concerns about the adequacy of the clinical evidence supporting the relacorilant NDA and, as a result, there was a known material risk that Corcept's relacorilant NDA would not be approved. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Corcept class action, go to https://rosenlegal.com/submit-form/?case_id=51868 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288794
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
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2026-03-17 02:571mo ago
2026-03-16 22:291mo ago
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Mereo BioPharma Group plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - MREO
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of American Depositary Shares ("ADS") of Mereo BioPharma Group plc (NASDAQ: MREO) between June 5, 2023 and December 26, 2025, inclusive (the "Class Period"), of the important April 6, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Mereo ADSs during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Mereo class action, go to https://rosenlegal.com/submit-form/?case_id=52452 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 6, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants provided investors with material information concerning their expected results for the Phase 3 Orbit and COSMIC studies for setrusumab in Osteogenesis Imperfecta (OI). Defendants' statements included, among other things, confidence in setrusumab's ability to ultimately reduce the annualized fracture rates of the tested patients and in the study itself to put setrusumab in an opportunity to succeed in reaching statistical significance of this key endpoint.
The defendants, the lawsuit claims, provided these positive statements to investors while, at the same time, disseminating false and materially misleading statements and/or concealing material adverse facts concerning the true state of the Phase 3 ORBIT and COSMIC programs; neither of which hit their primary endpoints of reducing annualized clinical fracture rate compared to the placebo or bisphosphonate control groups, respectively. Such statements absent these material facts caused investors to purchase Mereo's ADSs at artificially inflated prices. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Mereo class action, go to https://rosenlegal.com/submit-form/?case_id=52452 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288744
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Contact Us
2026-03-17 02:571mo ago
2026-03-16 22:311mo ago
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Masonite International Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - DOOR
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds sellers of common stock of Masonite International Corporation (NYSE: DOOR) between June 5, 2023 and February 8, 2024, inclusive (the "Class Period"), of the important April 7, 2026 lead plaintiff deadline.
SO WHAT: If you sold Masonite common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Masonite class action, go to https://rosenlegal.com/submit-form/?case_id=52802 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 7, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made material omissions and misrepresentations concerning Owens Corning's offers to purchase all of Masonite's outstanding common stock at significant premiums to Masonite's stock price and Masonite's repurchases of millions of dollars' worth of its shares without disclosing material nonpublic information about Owens Corning's offers, which, if disclosed as required, would have indicated to investors that Masonite's stock was worth significantly more.
To join the Masonite class action, go to https://rosenlegal.com/submit-form/?case_id=52802 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288743
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
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2026-03-17 02:571mo ago
2026-03-16 22:321mo ago
Oil Price Forecast: Supply Risks from Strait of Hormuz Support Bullish Outlook
Strait of Hormuz Crisis Drives Oil Supply Fears Fears of supply shortages pushed oil prices up by more than 2% in early trading. Brent crude surged over 2% to $102.90 a barrel. On the other hand WTI oil increased by over 1.40% to around $95.65. The rebound followed the previous session when Brent fell 2.8% and sharp drop of WTI by 5.3% after few ships got through the Strait of Hormuz.
The situation in the Strait of Hormuz is critical. This narrow waterway handles 20% of world’s oil and liquefied natural gas shipments. The war between the United States, Israel, and Iran has caused much traffic disruption through the route. The United Arab Emirates has already cut oil production by over half because exports are not able to move normally.
Strategic Reserve Release Offers Limited Market Relief Governments and international energy agencies have attempted to cool market by releasing oil from strategic reserves. The International Energy Agency and its member countries agreed to release 400 million barrels from emergency stockpiles. The organization has around 1.4 billion barrels of reserves which can be used in case crisis gets worse.
However these releases may not fully balance the supply shock. According to the estimates, the total world reserves could be 4 to 6 million barrels per day. At the same time, supply gap caused by the Strait of Hormuz disruption may amount to between 5 and 8 million barrels per day. Because of this imbalance, banks increased their long term price outlook. Bank of America raised its 2026 Brent projection to $77.50 from $61 while Standard Chartered raised its projection to $85.50.
WTI and Brent Oil Charts Signal Continued Upside Potential From technical perspective, WTI crude oil has formed a strong bullish price action by consolidating between the $68 and $62 levels before the breakout. The price breakout at $68 at the red dotted trend line has surged towards the $120 region.
2026-03-17 02:571mo ago
2026-03-16 22:331mo ago
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Navan, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - NAVN
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Navan, Inc. (NASDAQ: NAVN) pursuant and/or traceable to the Registration Statement and Prospectus (collectively, the "Offering Documents") issued in connection with Navan's October 2025 initial public offering (the "IPO"), of the important April 24, 2026 lead plaintiff deadline.
SO WHAT: If you purchased Navan common stock you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Navan class action, go to https://rosenlegal.com/submit-form/?case_id=55059 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 24, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the Offering Documents used to effectuate Navan's IPO were false and misleading and omitted to state that, at the time of the offering, Navan had increased its "sales and marketing" expenses. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Navan class action, go to https://rosenlegal.com/submit-form/?case_id=55059 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288747
Source: The Rosen Law Firm PA
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2026-03-17 02:571mo ago
2026-03-16 22:361mo ago
Alibaba launches new AI agent platform for enterprises
An Alibaba logo is displayed at the company's booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 10, 2025. REUTERS/Maxim Shemetov Purchase Licensing Rights, opens new tab
BEIJING, March 17 (Reuters) - Alibaba Group (9988.HK), opens new tab on Tuesday launched an AI platform for enterprises targeting automation, intensifying competition in China's rapidly evolving AI agent market following the OpenClaw craze that has gripped the country's tech sector.
The platform, called Wukong, can coordinate multiple AI agents to handle complex business tasks including document editing, spreadsheet updates, meeting transcription and research within a single interface. It is currently available for invitation-only beta testing.
The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war. Sign up here.
Reporting by Liam Mo and Miyoung Kim; Editing by Christopher Cushing
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-17 02:571mo ago
2026-03-16 22:391mo ago
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages monday.com Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - MNDY
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of monday.com Ltd. (NASDAQ: MNDY) between September 17, 2025 and February 6, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2026.
SO WHAT: If you purchased monday.com common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the monday.com class action, go to https://rosenlegal.com/submit-form/?case_id=55823 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or concealed material adverse facts concerning the true state of monday.com's revenue expansion outlook; notably decelerating growth, reduced expansion momentum and extended sales cycles. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the monday.com class action, go to https://rosenlegal.com/submit-form/?case_id=55823 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288746
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
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2026-03-17 02:571mo ago
2026-03-16 22:451mo ago
Kioxia Announces New SSD Model Optimized for AI GPU-Initiated Workloads
TOKYO--(BUSINESS WIRE)--Kioxia announced the development of Super High IOPS SSD, new type of SSD enabling the GPU to directly access high-speed flash memory in AI systems.
2026-03-17 02:571mo ago
2026-03-16 22:461mo ago
Eloro Resources Ltd. Announces Acquisition of Shares of Cartier Silver Corporation
Toronto, Ontario--(Newsfile Corp. - March 16, 2026) - Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) ("Eloro", or the "Company"). The Company (the "Acquiror") announces the acquisition of 1,205,000 common shares ("Common Shares") of Cartier Silver Corporation (the "Issuer") on the open market at prices ranging from C$0.17 to C$0.21 per Share for total consideration of C$218,290.
Immediately prior to the acquisition of securities described above in this news release, the Acquiror owned or exercised control or direction over 8,788,500 Common Shares, representing 10.42% of the issued and outstanding Common Shares of the Issuer on an undiluted basis, and 2,400,000 warrants, each such warrant entitling the Acquiror to purchase one additional Common Share, such warrants representing 2.77% of the number of Common Shares outstanding prior to the acquisition (calculated on a partially diluted basis, assuming the exercise of only those Warrants held by the Acquiror). Following completion of the acquisition, the Acquiror now beneficially owns or exercises control or direction over 9,993,500 Common Shares and 2,400,000 warrants, representing 11.85% of the issued and outstanding Common Shares of the Issuer on an undiluted basis, and 14.29% of the issued and outstanding Common Shares of the Issuer on a partially diluted basis, assuming the full exercise of all of the warrants held by the Acquiror only.
The securities acquired under the private placement are being acquired by the Acquiror for investment purposes. The Acquiror may in the future, subject to regulatory constraints, take such actions in respect of its holdings of securities of the Issuer as the Acquiror may deem appropriate in light of the circumstances then existing, including the purchase of additional securities of the Issuer through open market purchases or privately negotiated transactions or the sale of all or a portion of its securities of the Issuer in the open market or in privately negotiated transactions to one or more purchasers. The Acquiror does not have any current plans or future intentions which relate to or would result in any of the events, transactions or circumstances enumerated in paragraphs (a) - (k) of Item 5 of the early warning report (the "Early Warning Report") being filed on www.sedarplus.ca concurrently with dissemination of this press release.
This news release is being issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an Early Warning Report. A copy of the Early Warning Report filed by the Acquiror in connection with the acquisition will be available under the Issuer's profile on the SEDAR+ website at www.sedarplus.ca. For more information, or for a copy of the Early Warning Report filed by the Acquiror, please contact the Acquiror at: (416) 868-9168.
The head office address of the Issuer is located at 20 Adelaide St. East, Suite 200, Toronto, Ontario M5C 2T6.
About Eloro Resources Ltd.
Eloro is an exploration and mine development company with a portfolio of precious and base-metal properties in Bolivia, Peru and Quebec. Eloro, through its Bolivian subsidiary, Minera Tupiza SRL, has a 99% joint venture interest and a 100% economic participation interest in the highly prospective Iska Iska Property, which can be classified as a polymetallic epithermal-porphyry complex, a significant mineral deposit type in the Potosi Department, in southern Bolivia. A NI 43-101 Technical Report on Iska Iska, which was completed by Micon International Limited, is available on Eloro's website and under its filings on SEDAR+. Iska Iska is a road-accessible, royalty-free property. Eloro also owns an 82% interest in the La Victoria Gold/Silver Project, located in the North-Central Mineral Belt of Peru some 50 km south of the Lagunas Norte Gold Mine and the La Arena Gold Mine.
For further information please contact either Thomas G. Larsen, Chairman and CEO or Jorge Estepa, Vice-President at (416) 868-9168.
Information in this news release may contain forward-looking information. Statements containing forward-looking information express, as at the date of this news release, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company. There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information.
Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288795
Source: Eloro Resources Ltd.
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2026-03-17 02:571mo ago
2026-03-16 22:471mo ago
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Nidec Corporation Investors to Inquire About Securities Class Action Investigation - NJDCY
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Nidec Corporation (OTC: NJDCY) resulting from allegations that Nidec may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Nidec securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=47559 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: On September 3, 2025, after market close, CNBC published an article entitled "Nidec shares plunge 22% as China unit probe finds accounting issues tied to management." The article further stated that shares of Nidec fell "after the company announced a probe into allegations of improper accounting in its group. This marks the largest one-day drop in the Japanese electronics components manufacturer's shares."
On this news, Nidec's American Depositary Receipts ("ADRs") fell 22.7% on September 4, 2025.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288752
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Contact Us
2026-03-17 02:571mo ago
2026-03-16 22:481mo ago
ROSEN, A LEADING LAW FIRM, Encourages Soleno Therapeutics, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SLNO
New York, New York--(Newsfile Corp. - March 16, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Soleno Therapeutics, Inc. (NASDAQ: SLNO) between March 26, 2025 through November 4, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 5, 2026.
SO WHAT: If you purchased Soleno common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Soleno class action, go to https://rosenlegal.com/submit-form/?case_id=43959 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 5, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Soleno Phase 3 clinical trial program for diazoxide choline extended-release tablets ("DCCR") had systematically downplayed, misrepresented, and/or concealed significant evidence of safety concerns potentially related to the administration of DCCR, including issues related to excess fluid retention in clinical trial participants; (2) as a result, the administration of DCCR to treat hyperphagia in individuals with Prader-Willi syndrome ("PWS") posed materially greater safety risks than disclosed by Soleno or its executives; and (3) as a result, DCCR had materially lower commercial viability and undisclosed risks related to the likelihood of significant and widespread adverse events after its commercial launch, including risks related to patient discontinuation rates, lower patient adoption, prescriber reluctance, adverse regulatory action, and potential reputational and legal fallout. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Soleno class action, go to https://rosenlegal.com/submit-form/?case_id=43959 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288738
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Contact Us
2026-03-17 02:571mo ago
2026-03-16 22:501mo ago
MNDY Investors Have Opportunity to Lead monday.com Ltd. Securities Fraud Lawsuit
Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of monday.com Ltd. (NASDAQ: MNDY) between September 17, 2025 and February 6, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2026.
So what: If you purchased monday.com common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the monday.com class action, go to https://rosenlegal.com/submit-form/?case_id=55823 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 11, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, defendants made false and/or misleading statements and/or concealed material adverse facts concerning the true state of monday.com's revenue expansion outlook; notably decelerating growth, reduced expansion momentum and extended sales cycles. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the monday.com class action, go to https://rosenlegal.com/submit-form/?case_id=55823 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
SOURCE THE ROSEN LAW FIRM, P. A.
2026-03-17 02:571mo ago
2026-03-16 22:501mo ago
JFB Construction Holdings Announces Update regarding 2-for-1 Stock Split
PALM BEACH, Fla., March 16, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB) (“JFB” or the “Company”) today announced an update with regard to the recently announced 2-for-1 stock split of the Company's issued and outstanding shares of common stock.
2026-03-17 02:571mo ago
2026-03-16 22:521mo ago
News Corporation (NWSA) Discusses Dow Jones Strategy and Business Transformation Transcript
News Corporation (NWSA) Discusses Dow Jones Strategy and Business Transformation March 16, 2026 4:00 PM EDT
Company Participants
Michael Florin - Senior VP & Head of Investor Relations
Lachlan Murdoch
Robert Thomson - CEO & Director
Almar Latour - Chief Executive Officer of Dow Jones
Emma Tucker
M. Scott Havens
Lisa Fitzpatrick
Joel Lange
Jared DiPalma
Conference Call Participants
Sarah Cottle - Oil Price Information Service, LLC
David Buttenshaw
David Karnovsky - JPMorgan Chase & Co, Research Division
Presentation
Operator
Please welcome Senior Vice President and Global Head of Investor Relations at News Corp, Michael Florin.
Michael Florin
Senior VP & Head of Investor Relations
Well, good afternoon, and welcome to today's investor briefing on Dow Jones. Thank you all for coming and to those watching on the webcast. I'm Michael Florin, the Global Head of Investor Relations at News Corp.
Before I start, safe harbor. Please note that this presentation contains certain forward-looking statements and non-GAAP measures. Please refer to our cautionary statements regarding these items on the slide.
We have a great afternoon for you. We're going to start with some opening remarks from News Corp Chair, Lachlan Murdoch; and our Chief Executive, Robert Thomson. And then I'm going to turn it over to Dow Jones team starting with Almar Latour, the Chief Executive Officer of Dow Jones. The briefing should last about 2 hours, including a question-and-answer session. Following the Q&A session, we invite you to reception and we'll also be demoing several Dow Jones products.
Before I turn it over to our Chair, Lachlan Murdoch, please enjoy this video.
[Presentation]
Operator
Please welcome News Corp Chair, Lachlan Murdoch.
Lachlan Murdoch
Thank you very much, and thank you, Mike. Good afternoon. Thank you all for joining us today, whether you're in the room or here with us in New York or tuning in via the podcast, thank you. I know
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SON over 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.
While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice. It may be structured as such, but it is not financial advice. Investors are required and expected to do their own due diligence and research prior to any investment. Short-term trading, options trading/investment, and futures trading are potentially extremely risky investment styles. They generally are not appropriate for someone with limited capital, limited investment experience, or a lack of understanding of the necessary risk tolerance involved. I own the European/Scandinavian tickers (not the ADRs) of all European/Scandinavian companies listed in my articles. I own the Canadian tickers of all Canadian stocks I write about. Please note that investing in European/Non-US stocks comes with withholding tax risks specific to the company's domicile as well as your personal situation. Investors should always consult a tax professional as to the overall impact of dividend withholding taxes and ways to mitigate these.
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.
2026-03-17 01:571mo ago
2026-03-16 21:001mo ago
Viva Biotech Accelerates AI-Driven Drug Discovery and Advance the 'Lab-in-the-Loop' with NVIDIA
, /PRNewswire/ -- Monday, March 16th at 1:30 PM PT, Viva Biotech (01873.HK) optimizes the Proteina-Complexa model in advancing the design of mini-binders targeting ActRIIA, a receptor critical in muscle wasting and lean mass imbalance, aiming to accelerate the discovery of novel therapeutics with AI-driven designs with NVIDIA technology.
The collaboration highlights Viva Biotech's "Lab-in-the-Loop" workflow, combining de novo computational design with high throughput protein production and biophysical evaluation to design ActRIIA binders. This integrated approach demonstrates how in silico predictions with real-world experimental validations can expedite drug discovery, showcasing the effectiveness of NVIDIA BioNeMo and Viva Biotech's AI-driven integrated drug discovery platform in optimizing drug candidates.
As part of this effort, Viva Biotech leverages its AI technique for sequence selection and provide valuable feedback to improve the original Proteina-Complexa model. This iteration led to more efficient and targeted mini-binder designs. Guided by AI-driven insights, we successfully explored previously uncharted chemical space and significantly enhanced design specificity, achieving these advances at a fraction of the cost and time compared with conventional drug candidate nomination processes. For further details, please refer to the project paper: https://research.nvidia.com/labs/genair/proteina-complexa/.
As a leading contract research organization (CRO) that specializes in AI-driven drug discovery (AIDD) and structure-based drug discovery (SBDD), Viva Biotech combines computational modeling, generative AI, and extensive wet lab capabilities to accelerate the discovery of small molecules, antibodies, peptides, fusion proteins, PROTACs, molecular glues, and RNA-targeting compounds. Looking ahead, Viva Biotech will further strengthen its AI algorithm development and leverage its AI platform in drug discovery and development. The company will continue to enhance its process to deliver high-quality, impactful solutions for its partners as a leading force in the AI-driven drug discovery era.
SOURCE Viva Biotech
2026-03-17 01:571mo ago
2026-03-16 21:001mo ago
Joy and Creativity in the Palm of Your Hand: Fujifilm Introduces instax mini 13™ Instant Camera
VALHALLA, N.Y.--(BUSINESS WIRE)--FUJIFILM North America Corporation, Imaging Division, announced today the introduction of its instax mini 13™ instant camera (mini 13). Following in the footsteps of the popular instax mini 12™ instant camera launched in 2023, mini 13 brings a fun, playful new look and feel with its soft, sculpted shape and a metallic silver logo that accents the front of the camera. New for mini 13 is the introduction of dual timers, with options for 2 or 10 seconds, giving the.
2026-03-17 01:571mo ago
2026-03-16 21:001mo ago
WeRide Showcases Robotaxi GXR Powered by NVIDIA DRIVE Hyperion Platform at NVIDIA GTC 2026, Accelerating Southeast Asia Expansion and Beyond
WeRide looks forward to introducing the NVIDIA DRIVE Hyperion platform-powered Robotaxi GXR in Southeast Asia, building on the strategic partnership with GrabThis supports WeRide's roadmap of over 2,600 active Robotaxis globally by 2026 and tens of thousands by 2030 SAN JOSE, Calif., March 16, 2026 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD; HKEX: 0800), a global leader in autonomous driving technology, showcased its Robotaxi GXR at NVIDIA GTC 2026 today, expanding the model's global appearance. Building on the strategic partnership with Grab, Southeast Asia’s leading superapp and a WeRide shareholder, WeRide looks forward to introducing the vehicle across key Southeast Asian markets over time.
WeRide’s Robotaxi GXR is engineered for dense, complex urban environments like those across Southeast Asia. It leverages the NVIDIA DRIVE Hyperion autonomous vehicle development platform, powered by the NVIDIA DRIVE AGX Thor system-on-chip, which is integrated into WeRide's HPC 3.0 high performance computing unit. HPC 3.0 reduces autonomous driving suite cost by 50% and lowers total cost of ownership (TCO) by 84%, with the NVIDIA DRIVE Hyperion platform standardizing computing power, sensor processing, and safety systems across Robotaxi fleets. Overall, this integrated platform enables faster deployment, scalability, and easier cross-market validation.
WeRide Robotaxi GXR at NVIDIA GTC 2026
Building on their previous commitment to deploy Robotaxis across Southeast Asia, WeRide and Grab have become the first in Singapore to launch AV trial operations in the Punggol district. Public service using WeRide’s vehicles is set to begin on April 1, 2026.
"Southeast Asia is a core growth market for WeRide’s Robotaxi business, where dense cities, progressive regulators, and strong partners like Grab enable scaled commercial operations. Our Robotaxi GXR is built for this reality. By utilizing the NVIDIA DRIVE Hyperion platform built on NVIDIA DRIVE AGX Thor within NVIDIA’s ecosystem, we can significantly reduce system costs while accelerating safe, reliable Level 4 Robotaxi operations across global markets," said Dr. Tony Han, Founder and CEO of WeRide.
"Together with WeRide, we are undertaking trial operations in Singapore to glean insights into how autonomous technology can best support local communities. The launch of the GXR showcases the cutting-edge capabilities our partnership can draw upon as we scale. We look forward to working closely with WeRide to integrate their latest technology into our regional roadmap as AV regulations and infrastructure mature across Southeast Asia," said Dominic Ong, General Manager of Autonomous at Grab.
“Autonomous vehicle developers need scalable computing platforms to support safe deployment across diverse operating environments,” said Rishi Dhall, vice president of automotive at NVIDIA. “By building on the NVIDIA DRIVE Hyperion platform, WeRide can accelerate the development and deployment of Level 4 autonomous vehicles while helping bring robotaxi services to more cities around the world.”
With a presence in over 40 cities across 11 countries, WeRide is the most internationally deployed autonomous driving company. This strong global footprint supports its plan to expand its active Robotaxi fleet to more than 2,600 Robotaxis this year and tens of thousands by 2030.
Manufactured by Geely’s Zhejiang Farizon New Energy Commercial Vehicle Group (Geely Farizon), the Robotaxi GXR is designed for continuous commercial operation and plays a central role in the WeRide ecosystem. Earlier this month, WeRide and Geely Farizon signed an agreement to deliver 2,000 upgraded purpose-built, mass-produced Robotaxi GXRs by 2026. With current hardware costs at approximately US$40,000 per vehicle, the new model has the potential to reduce vehicle costs by another 15% as fleet size increases.
“Farizon highly recognizes WeRide as a global technology leader in L4 autonomous driving. The two parties will further deepen the cooperation to accelerate the factory-integrated mass production and deployment of the Robotaxi GXR, jointly opening a new chapter in the large-scale global commercialization of autonomous driving,” said Mike Fan, CEO of Farizon New Energy Commercial Vehicle Group.
WeRide will be exhibiting the Robotaxi GXR at booth #9007 during GTC 2026. In addition, WeRide’s Senior Vice President, Dr. Hua Zhong, will be delivering a talk covering how WeRide's end-to-end model enables the massive deployment from L2 to L4, powered by NVIDIA DRIVE AGX Orin and Thor.
About WeRide
WeRide is a global leader and a first mover in the autonomous driving industry, as well as the first publicly traded Robotaxi company. Our autonomous vehicles have been tested or operated in over 40 cities across 11 countries. We are also the first and only technology company whose products have received autonomous driving permits in eight markets: China, the UAE, Singapore, France, Switzerland, Saudi Arabia, Belgium, and the US. Empowered by the smart, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries. WeRide was named to Fortune's 2025 Change the World and 2025 Future 50 lists.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about WeRide’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in WeRide’s filings with the U.S. Securities and Exchange Commission and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release. WeRide does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4d918c3b-d0e6-4ee5-830d-23c2fdabb1ff
2026-03-17 01:571mo ago
2026-03-16 21:011mo ago
Encyclopedia Britannica Sues OpenAI Over Alleged Copyright Infringement
Encyclopedia Britannica and its subsidiary Merriam-Webster have sued OpenAI, alleging the artificial intelligence company committed copyright infringement by scraping their articles to train its AI, TechCrunch reported Monday (March 16).
Britannica also alleges that OpenAI violated trademark law by making up information and falsely attributing it to the publisher, according to the report.
The company alleges in its lawsuit that with these practices, OpenAI “starves web publishers like [Britannica] of revenue” and jeopardizes “the public’s continued access to high-quality and trustworthy online information,” per the report.
Reuters also reported on the lawsuit Monday, saying Britannica seeks monetary damages and a court order blocking the alleged infringement.
OpenAI did not immediately reply to PYMNTS’ request for comment.
In a statement provided to Reuters, an OpenAI spokesperson said, per the report: “Our models empower innovation, and are trained on publicly available data and grounded in fair use.”
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It was reported in September that Encyclopedia Britannica and Merriam-Webster sued Perplexity, alleging that it misused their copyrighted content in its AI-driven “answer engine.”
That complaint alleges that Perplexity copied articles from Britannica and Merriam-Webster and reduced their online traffic by directing users to AI-generated summaries instead of original sources.
In a September press release announcing the lawsuit against Perplexity, Jorge Cauz, who was CEO of Britannica Group at the time, said: “As demonstrated by today’s action, we will take all steps necessary to protect our data and intellectual capital so we can continue to offer innovative digital instructional and informational solutions that enhance student learning outcomes, assist educators in their teaching journeys, and inform and delight learners of all ages.”
There have been several other lawsuits alleging that AI companies committed copyright infringement.
It was reported in August that Anthropic settled a copyright infringement lawsuit brought by a group of U.S. authors. In that case, the authors alleged that the AI company used pirated books without permission to train its AI assistant.
In February 2025, a group of news publishers sued Cohere for copyright infringement, alleging that the company improperly used copyrighted works to train its large language model and displayed large portions of articles while bypassing visits to the publishers’ websites.
For all PYMNTS AI coverage, subscribe to the daily AI Newsletter.
2026-03-17 01:571mo ago
2026-03-16 21:021mo ago
GO CLASS ACTION NOTICE: Glancy Prongay Wolke & Rotter LLP Files Securities Fraud Lawsuit On Behalf Of Grocery Outlet Holding Corp. Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP (“GPWR”), announces that it has filed a class action lawsuit in the United States District Court for the Northern District of California, captioned Jones v. Grocery Outlet Holding Corp., et al., Case No. 3:26-cv-02291, on behalf of persons and entities that purchased or otherwise acquired Grocery Outlet Holding Corp. (“Grocery Outlet” or the “Company”) (NASDAQ: GO) securities between August 5, 2025 and March 4, 2026, inclusive.
2026-03-17 01:571mo ago
2026-03-16 21:051mo ago
Chef Jon-Luc Maggi of Tiki Tom's wins Battle of the Blades in Napa, named Sysco Northern California Culinary Artisan of the Year
NAPA, Calif., March 16, 2026 (GLOBE NEWSWIRE) -- Chef Jon-Luc Maggi, executive chef at Tiki Tom’s in Walnut Creek, Calif., has been named Culinary Artisan of the Year after winning Northern California’s Battle of the Blades, a high-stakes cooking competition hosted by Sysco Corporation, the global leader in food distribution.
Chef Jon-Luc Maggi prevailed in a final round Monday over semi-finalists Chef Robert Root, executive chef of The Century, and Chef Dean Hiatt, executive chef at Poor Red’s Bar-B-Q. A five-judge panel selected the winner following a timed, 45-minute, rapid-fire cooking contest, using five criteria to reach a decision: visual appeal, creativity, execution, ingredient use, and taste and flavor.
Each finalist prepared a dish using an unlimited number of items from the Sysco Pantry and three locally produced mystery ingredients – San Joaquin Gold Cheddar from Fiscalini Farmstead, Sysco-branded Santa Cruz-grown fresh Tarragon and Gustine, Calif. Sysco-branded almonds.
Chef Jon-Luc Maggi’s won with a dish of tarragon marinated lamb chops, a shaved arugula salad with a citrus tarragon dressing, resting on a parmesan beet puree and garnished with a toasted almond and beet tuile.
“It’s an honor. It’s amazing to be named the first champion but again I couldn’t do it alone,” Maggi said, crediting Erasmo Garcia, his sous chef, for being an amazing partner and friend. “I’m just grateful for all the support I have,” Maggi said.
The contest is part of a larger annual Sysco Northern California food expo that allows the region to showcase its offerings, the uniqueness and breadth of supplier partners and connect customers to the assortment and the people committed to their success.
“Food is what we do at Sysco and so having the opportunity to both mingle with some of the best chefs in Northern California and allow to showcase their talents in a fun contest while also highlighting the amazing assortment of products we offer is truly the highlight of the year,” said Northern California Region President Steve Buer.
“I want to congratulate Chef Jon-Luc Maggi for his amazing feat today as well as the other 71 chefs who participated in the competition from the beginning. From the very start to our finals today, these chefs truly showed what great food can do – connect us all around a communal table,” Buer added.
Download here for b-roll and a quote from the winner.
About Sysco
Sysco is the global leader in selling, marketing and distributing food and related products to customers who prepare meals away from home. This includes restaurants, healthcare and educational facilities, lodging establishments, entertainment venues, and more. Sysco operates 339 distribution centers, in 10 countries, with 75,000 colleagues serving approximately 730,000 customer locations. The company generated sales of more than $81 billion in fiscal year 2025 that ended June 28, 2025.
As the world’s largest food-away-from-home distributor, Sysco offers customized supply chain solutions, bespoke specialty product offerings, and culinary support to drive customers to innovate and optimize their operations. We act as a trusted business partner to our customers, helping them grow through our industry-leading portfolio that includes fresh produce, premium proteins, specialty products, sustainably focused items, equipment and supplies, and innovative culinary solutions.
For more information, visit www.sysco.com. For important news and key information for Sysco investors, visit the Investor Relations section of the company’s website at investors.sysco.com.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e726e389-aae8-4f3d-b922-44da2cd192f6
SYY-NEWS
Jon-Luc Maggi crowned Culinary Artisan of the Year Jon-Luc Maggi of Tiki Tom's in Walnut Creek, Calif., won Sysco Northern California's Battle of the B...
2026-03-17 01:571mo ago
2026-03-16 21:051mo ago
Pilgrim's Pride: Attractively Priced Near Its Lows
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.
BROOKFIELD, NEWS, March 16, 2026 (GLOBE NEWSWIRE) -- Brookfield Infrastructure (NYSE: BIP, BIPC; TSX: BIP.UN, BIPC) today announced that it has filed its 2025 annual reports on Forms 20-F, including its audited financial statements for the year ended December 31, 2025, with the SEC on EDGAR at https://sec.gov, as well as with the Canadian securities authorities on SEDAR+ at https://sedarplus.ca. These documents are also available at https://bip.brookfield.com (or for Brookfield Infrastructure Corporation, at https://bip.brookfield.com/bipc) under the Annual Reports section. Hard copies will be provided to unitholders and shareholders free of charge upon request.
About Brookfield Infrastructure
Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. Further information is available at https://bip.brookfield.com.
Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager with over $1 trillion of assets under management. For more information, go to https://brookfield.com.
Contact Information
2026-03-17 01:571mo ago
2026-03-16 21:091mo ago
Ondas Q4 Earnings Preview: Not Undervalued Until We See Profits
SummaryOndas remains rated Hold as the company is still in an early, unprofitable stage despite recent M&A and a strengthened cash position.ONDS raised guidance for 2026 revenue to $170M–$180M, up from $40M, following acquisitions and new contracts, including a $15.8M deal with Israel.With at least $1B in cash after a $1B stock offering, ONDS has a long liquidity runway but uncertain profitability post-M&A.The ongoing US-Iran conflict could drive demand, but lack of margin visibility and high valuation relative to revenue keep risk elevated. aapsky/iStock via Getty Images
Ondas (ONDS) is a military drone company and a chance to invest in this technology. Upcoming financials and the war in the Middle East give investors some opportunity to consider. It's also still very early for
3.47K Followers
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.
2026-03-17 01:571mo ago
2026-03-16 21:111mo ago
Collective Metals Closes First Tranche of Flow Through Private Placement Financing
March 16, 2026 21:11 ET | Source: Collective Metals Inc
March 16, 2026 VANCOUVER, British Columbia, March 16, 2026 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) announces that further to its March 2, 2026 news release, the Company has closed the first tranche of its non-brokered private placement of flow-through units (each, a "FT Unit") for aggregate gross proceeds in this first tranche of $1,075,000 (the "Offering"). The Company has issued 5,375,000 FT Units at a price of $0.20 per FT Unit, with each FT Unit comprised of one (1) common share of the Company (each, a “Common Share”) issued on a flow-through basis under the Income Tax Act (Canada) (each, a “FT Share”) and one half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one Common Share of the Company at a price of $0.25 for a period of 24 months from the date of issuance.
The gross proceeds from the sale of the FT Shares will be used by the Company to incur eligible “Canadian exploration expenses” that will qualify as “flow-through mining expenditures” as such terms are defined in the Income Tax Act (Canada) (the “Qualifying Expenditures“) related to the Company’s Rocas Uranium Project in Saskatchewan, Canada. All Qualifying Expenditures will be renounced in favour of the subscribers of the FT Units effective December 31, 2026.
In connection with the first tranche closing, an aggregate of $67,750 was paid in cash and a total of 376,250 finder’s warrants (the “Finder’s Warrants”) were issued as finder’s fees. Each Finder’s Warrant entitles the holder thereof to acquire one (1) Common Share (a “Finder’s Warrant Share”) at a price of $0.25 per Finder’s Warrant Share for a period of 24 months from the date of issuance.
All securities issued in connection with the Offering are subject to a statutory hold period of four months and one day.
The securities issued pursuant to the Offering have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
About Collective Metals
Collective Metals Inc. (CSE: COMT | OTC: CLLMF | FSE: TO1) is a resource exploration company specializing in critical and precious metals exploration in North America.
The Company’s Rocas project comprises 4,002 hectares, located 75 kilometers southwest of the Key Lake Mine and Mill facilities along Highway 914, and approximately 72 kilometers south of the present-day margin of the Athabasca Basin. The Project hosts several uranium showings, including historical mineralized outcrop grab samples along approximately 900 metres of strike length, grading up to 0.5 wt.% U3O81. Notably, none of the historical uranium occurrences have been drill-tested.
Social Media
Twitter@COMT_metalsLinkedInCollective Metals IncFacebookCollective Metals Inc ON BEHALF OF COLLECTIVE METALS INC.
Christopher Huggins
Chief Executive Officer
T: 604-968-4844
E: [email protected]
Forward Looking Information
This news release includes certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking statements or information.
Forward-looking statements and forward-looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Collective, future growth potential for Collective and its business, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of lithium and other metals; costs of exploration and development; the estimated costs of development of exploration projects; Collective’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.
This news release contains “forward-looking information” within the meaning of the Canadian securities laws. Statements, other than statements of historical fact, may constitute forward looking information and include, without limitation, statements with respect to the Offering and the intended use of proceeds therefrom; the Company’s objectives, goals or future plans; and the commencement of exploration programs in the future. With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions regarding, among other things, the geological, metallurgical, engineering, financial and economic advice that the Company has received is reliable and are based upon practices and methodologies which are consistent with industry standards. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: fluctuations in commodity prices and currency exchange rates; uncertainties relating to interpretation of well results and the geology, continuity and grade of lithium and other metal deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for cooperation of government agencies in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs or in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; increased costs and restrictions on operations due to compliance with environmental and other requirements; increased costs affecting the metals industry and increased competition in the metals industry for properties, qualified personnel, and management. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.
2026-03-17 01:571mo ago
2026-03-16 21:131mo ago
Oil gains over 2% as market weighs Iran war supply risks
Oil prices rose more than 2% in early trade on Tuesday, reversing some of the previous session's losses, on worries about supply with the Strait of Hormuz mostly shut and U.S. allies rebuffing calls to send warships to help tankers move through the vital waterway.
The geopolitical conflict in the Middle East has oil prices back in the headlines. Energy markets are in a state of flux, commodity prices are on the rise, and you are likely already seeing the impact at the gas pump. Even after the conflict ends, it will take some time for oil markets to stabilize again. Enterprise Products Partners (EPD +0.89%) and Enbridge (ENB +0.85%) are a way to sidestep oil prices while still investing in the energy sector. Here's what you need to know.
Enterprise and Enbridge instead of crude oil Enterprise and Enbridge operate in the midstream segment of the energy sector. They own the energy infrastructure, such as pipelines, that helps to move oil and natural gas around the world. This is a toll-taker business, with the companies charging fees for the use of their assets. The volume of energy flowing through their systems is more important than the price of the commodities they are moving.
Image source: Getty Images.
This changes the equation for investors in a big way, with both Enterprise and Enbridge being reliable cash flow generators even when oil prices are weak. The best examples of the business model's reliability are Enterprise's 27 consecutive distribution increases and Enbridge's 31 annual dividend hikes (in Canadian dollars).
Enterprise and Enbridge are fairly boring businesses, but they are highly reliable. Dividend investors interested in energy stocks will particularly appreciate them, given Enterprise's 5.8% distribution yield and Enbridge's dividend 5.2% yield.
Today's Change
(
0.89
%) $
0.33
Current Price
$
37.32
Which one should you buy? That said, they aren't interchangeable. Enterprise is a master limited partnership (MLP), which means it comes with material tax complications. Enbridge, meanwhile, isn't a pure play midstream business. It also owns regulated natural gas utilities and has a small clean energy business. That diversification may be attractive to some investors, while turning others off.
Today's Change
(
0.85
%) $
0.46
Current Price
$
54.54
Still, the bigger takeaway is that you can invest in the energy sector without taking on the excessive commodity exposure you would if you bought an oil driller. Reliable income stocks like Enterprise and Enbridge may look boring right now, when oil prices are flying high, but history shows that oil prices will eventually fall. When that happens, Enterprise and Enbridge will likely look very attractive again.
Buy Enterprise and/or Enbridge now, and you can collect an attractive income stream from the energy sector while you wait for Wall Street to be reminded (yet again) that what goes up also comes back down.
Reuben Gregg Brewer has positions in Enbridge. The Motley Fool has positions in and recommends Enbridge. The Motley Fool recommends Enterprise Products Partners. The Motley Fool has a disclosure policy.
2026-03-17 01:571mo ago
2026-03-16 21:171mo ago
Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping
Oil prices jumped over 2% on Tuesday as uncertainty lingered over a U.S.-led coalition to protect shipping through the Strait of Hormuz.
International benchmark Brent crude gained 2.45% to $102.57 per barrel, while the U.S. West Texas Intermediate rose 2.51% to $95.85 per barrel as of 8:44 p.m. ET.
U.S. Treasury Secretary Scott Bessent said Monday that the U.S. was allowing Iranian oil tankers to pass through the Strait of Hormuz.
The Wall Street Journal reported that the U.S. would soon announce a coalition of countries to escort ships through the Strait, citing officials.
Oil prices year-to-date
However, President Donald Trump suggested Monday that the coalition was not fully in place as he urged other countries to get involved.
Trump added that he was frustrated some nations were reluctant to participate.
"Some are very enthusiastic, and some are less than enthusiastic," Trump told reporters at a press conference. "And I assume some will not do it. I think we have one or two that will not do it that we've been protecting for about 40 years at tens of billions of dollars."
The U.S. has been urging allies to send military forces to protect tanker traffic through the strait. Ship movements through the vital shipping route have plunged after Iranian attacks, fueling one of the largest disruptions to global oil supply in history.
"The sheer scale of the oil supply disruption makes it difficult for the market to find an adequate solution," said Warren Patterson, head of commodities strategy at ING.
"While the U.S. administration has touted the idea of insurance guarantees and naval escorts, neither has materialized yet," Patterson noted.
He added that escorting commercial vessels through the Strait of Hormuz would leave naval ships vulnerable to attack, so the U.S. may hold off from such action until it feels that Iran's ability to launch attacks on vessels has been eroded.
Located between Oman and Iran, the strait functions as a vital artery for the global oil trade. Roughly 13 million barrels per day passed through it in 2025, representing about 31% of all seaborne crude flows, according to energy consulting firm Kpler.
2026-03-17 01:571mo ago
2026-03-16 21:201mo ago
This Zacks Tool Makes Finding Artificial Intelligence Exposure Easy
Key Takeaways Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future.The AI thematic screen provides an easy way to find exposure. NVIDIA continues to be at the forefront of the broader AI revolution. Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.
For those interested in viewing the Thematic screens, please click here >>> Thematic Screens – Zacks Investment Research.
Let’s take a closer look at the Artificial Intelligence screen and analyze a stock that the screen returned, namely NVIDIA (NVDA - Free Report) .
Artificial Intelligence Screen
The Zacks Artificial Intelligence thematic screen features a diverse set of companies involved in the AI frenzy, ranging from creators of software and hardware that power AI to those applying and utilizing the technology through automation, diagnostics, cognitive tasks, and more.
NVIDIA To Make A Trillion?NVIDIA posted a double-beat relative to our consensus expectations, with adjusted EPS of $1.62 growing 82% year-over-year. $68.1 billion in quarterly sales reflected a record, growing by a sizable 73% year-over-year.
Unsurprisingly, what everybody was focused on was the Data Center results, which again showed a red-hot demand backdrop. Data Center sales of $62.3 billion reflected a record, growing 75% year-over-year and 22% sequentially. And interestingly enough, CEO Jensen Huang said today that overall sales of NVDA are likely to hit $1 trillion by 2027, underscoring the unbelievable momentum that the company is witnessing.
Below is a chart illustrating NVIDIA’s Data Center sales on a quarterly basis.
The company continues to sport a favorable Zacks Rank thanks to the favorable environment and outlook, currently a #2 (Buy). As shown below, earnings expectations have risen across the board over recent months.
Image Source: Zacks Investment Research
Bottom Line
Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.
Upon running the Zacks Artificial Intelligence Thematic screen, AI-favorite NVIDIA (NVDA - Free Report) was returned.
2026-03-17 01:571mo ago
2026-03-16 21:231mo ago
Lux Metals Appoints New Director and New Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - March 16, 2026) - Lux Metals Corp. (TSXV: LXM) (the "Company" or "Lux") is pleased to announce that Mike Stier has been appointed a director of the Company and Geneviève Ayotte has been appointed Chief Financial Officer of the Company.
Mike Stier — Director
Educated in business management & finance, Mr. Stier has spent the past 20 years focused on and building expertise in the capital markets. Experienced in corporate structure, finance, business development, IPO's, M&A, and wealth management, Mr. Stier served as a CIBC IIROC licensed Senior Financial Advisor, senior analyst for a private equity company and more recently holds executive and directorship roles with private companies and publicly listed issuers. He has consulted in industries including mining, oil & gas, fintech, VR, eSports, health, life sciences and biotech. Mr. Stier has acted for several public entities and currently sits on the board of Saga Metals Corp. and GoldHaven Resources Corp.
Geneviève Ayotte, CPA — Chief Financial Officer
A Chartered Professional Accountant and past President of Women in Mining Montréal, Ms. Ayotte brings over 15 years of mining-sector financial expertise, including a decade at PwC leading audits for major public miners. Her leadership combines technical rigour with a deep understanding of mining governance and capital markets.
Joseph Meagher has resigned as Chief Financial Officer and Nathan Tribble has resigned as director of the Company. The Company thanks both Mr. Meagher and Mr. Tribble for their services and wishes them well in their future endeavours.
On Behalf of the Board of Lux Metals Corp.
Carl Ginn
President and Chief Executive Officer
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.
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. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release. These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. In making the forward-looking statements in this news release, the Company has applied several material assumptions. There can be no assurance that any forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. The Company undertakes no obligation to update forward-looking information or statements, other than as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288775
Source: Lux Metals Corp.
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2026-03-17 01:571mo ago
2026-03-16 21:231mo ago
Nvidia's Jensen Huang Says AI Compute Could Near $1 Trillion by 2027
When Conan O’Brien took the stage at the 98th Academy Awards on Sunday night, his opening line landed as both a joke and a warning. “I am honored to be the last human host of the Academy Awards,” he said, adding that next year’s host would be “a Waymo in a tux.”
Less than 24 hours later, a moment at Nvidia’s annual GTC conference made that joke feel a little less far-fetched.
At the end of his keynote Monday, Nvidia CEO Jensen Huang played an animated video showing several robots, along with a digital version of himself, sitting around a campfire singing a country-style song about the conference. The robots joked about tokens, open-source software and artificial intelligence development, closing the event with a playful reminder of how quickly AI is moving from research labs into everyday life.
The moment captured the unusual range of this year’s GTC keynote. The presentation spanned everything from Disney’s Olaf appearing on stage to discussions about computing systems designed for space exploration, and major announcements about the infrastructure needed to power the next wave of AI.
But behind the playful demonstrations was a much bigger message about where the AI industry is heading.
Huang said the industry is entering what he described as an “inference inflection point,” a phase where the demand for computing power is shifting rapidly from training AI models to running them continuously in real-world applications. The scale of that shift, Huang argued, could drive one of the largest technology infrastructure expansions in history.
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“AI computing could approach a trillion dollars of data center infrastructure between now and 2027,” Huang said.
Inference and the Token Economy Much of that demand is tied to inference, the process where a trained AI model generates responses for users. Every time a chatbot answers a question, an AI assistant writes an email, or a coding tool produces software, the system generates pieces of output known as tokens.
Tokens are the basic units of AI-generated text or data. A short sentence might contain dozens of tokens, while a longer response could contain hundreds.
Because inference happens continuously as users interact with AI systems, the computing demand can far exceed the resources needed to train the models in the first place. While training large models requires massive bursts of computing power, inference workloads run constantly as millions of users interact with AI services.
That shift means the long-term economics of AI are increasingly tied to how efficiently companies can generate tokens at scale.
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“Inference is your new workload, tokens are your new commodity,” Huang said during the keynote. “You want to make sure that the architecture is as optimized as you can in the future.”
To underscore the point, Huang at one point lifted a championship-style belt on stage labeled “InferenceX,” referencing analysis from SemiAnalysis that ranked Nvidia’s systems as leaders in inference performance.
The visual framed Nvidia’s position in the AI market as something akin to a “token king,” highlighting the company’s focus on delivering the lowest cost per token as AI systems generate ever-larger volumes of output.
“The agentic AI inflection point has arrived,” Huang said while introducing Nvidia’s next-generation Vera Rubin platform.
The rise of AI agents, software systems that can perform tasks on behalf of users, is expected to significantly increase the number of tokens generated across enterprise software, digital assistants and automated workflows.
AI Factories and the Infrastructure Boom Huang described the emerging AI economy using the concept of “AI factories,” specialized data centers designed to generate AI outputs at massive scale.
“In the age of AI, intelligence tokens are the new currency, and AI factories are the infrastructure that generates them,” he said.
To support that shift, Nvidia unveiled its next-generation AI computing platform called Vera Rubin. According to Nvidia, the system is designed to deliver up to 10 times higher inference performance per watt while reducing the cost of generating tokens by roughly 90%.
Taken together, Huang said the shift toward inference-driven workloads is transforming how the technology industry thinks about computing infrastructure. Instead of building data centers primarily for periodic model training, companies are now building massive systems designed to generate tokens continuously.
That shift, Huang suggested, could redefine the economics of computing itself. “The future of computing will be built around AI factories,” Huang said.
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Artificial intelligence (AI) proved to be a boon for tech stocks after ChatGPT launched in 2022. But in 2026, the situation has changed drastically.
Now AI is seen as a disruptive force, threatening to upend business models in industries such as cybersecurity. Stock prices in the sector plunged in February after artificial intelligence giant Anthropic introduced a new AI security tool.
Wall Street's knee-jerk reaction creates an opportunity for the industrious investor to scoop up cybersecurity stocks at compelling valuations. Two to consider are Palo Alto Networks (PANW +0.29%) and Okta (OKTA 2.60%).
Image source: Getty Images.
Reasons to consider Palo Alto Networks stock Palo Alto Networks is an attractive investment because it's an industry leader and the largest cybersecurity company by market cap. Consequently, despite Wall Street's sell-off, customers are unlikely to dump Palo Alto Networks in favor of unproven AI solutions.
Cybersecurity is critically important in today's digital world. Rival CrowdStrike proved this in 2024 when it accidentally released a software glitch that caused global chaos, creating disruption for airlines, banks, and hospitals.
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Moreover, Palo Alto Networks' sales are healthy, indicating its technology is in demand. In the company's fiscal second quarter (ended Jan. 31), revenue rose a healthy 15% year over year to $2.6 billion.
In addition, the company is constantly evolving its protections. For instance, it acquired CyberArk in February, marking its first foray into the identity security space. This serves as a potent new source of sales growth. In the third quarter, CyberArk posted $342.8 million in revenue, up a whopping 43% year over year.
Palo Alto Networks' solutions include defenses against quantum computers, which are capable of hacking through most of today's existing cybersecurity. According to the company, it introduced "the industry's first cipher translation, which instantly upgrades any application to be quantum safe." As quantum computers move past the early stages of development, they become increasingly more of a threat, making Palo Alto Networks a key security provider.
Yet its share price drop suggests it's at an alluring valuation. This can be seen in its forward price-to-earnings ratio, which tells you how much investors are willing to pay for a dollar of earnings based on estimates for the next 12 months.
PANW PE Ratio (Forward) data by YCharts.
The chart shows Palo Alto Networks' forward earnings multiple is lower than it's been for most of the past year. In fact, it's below the level seen last April, when the Trump administration's tariff policies caused the stock market to crash.
Why Okta is a worthwhile stock Okta is one of the top five identity security companies in the space. It protects organizations from cyberattacks by recognizing who should have access to a customer's IT network. Anthropic's new AI security tool is designed to look for software vulnerabilities, so it can't replace Okta.
Moreover, in an age where a growing number of organizations are adopting agentic AI to perform tasks, recognizing which automated agents are allowed to access an IT system becomes increasingly difficult. Okta can make this distinction, which makes its services critical as AI agents proliferate.
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Okta's solutions are proving popular, as demonstrated by the company's growing sales. In its 2026 fiscal year (ended Jan. 31), revenue rose 12% year over year to $2.9 billion. It expects to continue seeing sales growth in fiscal 2027 with forecasted revenue of $3.2 billion.
Along with rising revenue, Okta's financial health is strengthening. It ended fiscal 2026 with operating income of $149 million compared to an operating loss of $74 million in the previous year.
The company also exited the 2026 fiscal year with an outstanding balance sheet. Total assets were $9.7 billion with cash, cash equivalents, and short-term investments of $2.6 billion. Total liabilities were $2.7 billion, but nearly $2 billion of that comprised deferred revenue, which are up-front payments from customers that will be recognized as sales once services are delivered.
Despite the positives, Wall Street indiscriminately sold cybersecurity stocks this year, resulting in an attractive share price valuation for Okta.
OKTA PE Ratio (Forward) data by YCharts.
The chart shows Okta's forward earnings multiple has dropped significantly. It isn't far from its low point for the past year.
Okta's growing sales and operating income combined with an outstanding balance sheet make it a solid cybersecurity company. Its lowered valuation means now is a good time to buy shares.