Key Takeaways Roblox reported Q4 bookings of $2.2B, up 63% YoY, while engagement surged 88% to 35B hours.Roblox monthly unique payers reached nearly 37M in Q4, nearly doubling YoY with growth across major markets.RBLX sees rapid 18 user growth above 50% YoY, with this group monetizing about 40% more than younger users. Roblox Corporation (RBLX - Free Report) closed 2025 with strong growth in both engagement and bookings across its platform. The company reported fourth-quarter bookings of $2.2 billion, up 63% year over year, while engagement hours reached 35 billion, marking an 88% increase.
A key contributor to this performance has been the expansion of Roblox’s paying user base. Monthly unique payers reached nearly 37 million in the fourth quarter, nearly doubling from the prior year and increasing sequentially. The growth was broad-based geographically, with payers rising across major markets including the United States and Canada, which recorded 34% year-over-year growth.
Demographic expansion is likely to have supported activity on the platform. Management highlighted rapid growth in the platform’s 18-plus user base, which is expanding at more than 50% year over year and monetizes roughly 40% higher than younger cohorts. Roblox is also expanding experiences that appeal to older users, including genres such as shooters, role-playing games and sports titles.
Emphasis on content dynamics bodes well. Management highlighted increasing diversity and velocity of experiences across the platform, with content outside the top 10 titles growing faster than in previous quarters in both engagement and bookings. The company also reported strong bookings growth during the quarter without the benefit of a major new viral title.
The behavior of newer user cohorts also remained consistent with the platform’s existing user base. Per the management, users who joined during the rapid growth period in the second half of 2025 have demonstrated engagement, spending and retention patterns similar to Roblox’s core users.
As Roblox continues to broaden its content ecosystem and expand its global user base, the platform’s growing payer base, expanding demographic reach and diversified experience ecosystem highlight a maturing monetization model within Roblox’s rapidly evolving digital economy. Looking ahead, management expects bookings growth to remain robust in 2026, projecting 22% to 26% year-over-year growth.
RBLX’s Stock Price Performance, Valuation & EstimatesRoblox shares have declined 32.7% in the past three months compared with the industry’s fall of 20.6%. In the same time frame, other industry players like Bragg Gaming Group Inc. (BRAG - Free Report) and DraftKings Inc. (DKNG - Free Report) have dropped 25.5% and 27.4%, respectively, while Monarch Casino & Resort, Inc. (MCRI - Free Report) has gained 1.3%.
RBLX Three-Month Price Performance
Image Source: Zacks Investment Research
RBLX stock is currently trading at a premium. It is currently trading at a forward 12-month price-to-sales (P/S) multiple of 4.80, well above the industry average of 2.14. Then again, other industry players, such as Bragg Gaming, DraftKings and Monarch Casino have P/S ratios of 0.32, 1.74 and 3.14, respectively.
RBLX’s P/S Ratio (Forward 12-Month) vs. Industry
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Roblox’s 2026 loss per share has narrowed from $1.88 to $1.61 over the past 60 days.
EPS Trend of RBLX Stock
Image Source: Zacks Investment Research
RBLX is likely to report dismal earnings, with projections indicating an 4.6% decline in 2026. Conversely, industry players like Bragg Gaming, DraftKings and Monarch Casino are likely to witness growth of 83.3%, 72.7% and 9.6%, respectively, year over year in 2026 earnings.
Roblox currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-03-09 17:216h ago
2026-03-09 13:1510h ago
INCY Wins EC Approval for Label Expansion of Oncology Drug Zynyz
Key Takeaways INCY gained EU approval for Zynyz with chemotherapy as first-line treatment for metastatic or recurrent SCAC.Zynyz cut risk of progression or death by 37% in POD1UM-303, with 9.3-month median PFS vs 7.4 for placebo.Incyte is expanding its oncology portfolio as Zynyz complements revenue driver Jakafi. Incyte (INCY - Free Report) recently announced that the European Commission has approved a label expansion of oncology drug Zynyz (retifanlimab) for a second indication.
The drug is now approved in the EU in combination with chemotherapy for the first-line treatment of adults with metastatic or inoperable locally recurrent squamous cell carcinoma of the anal canal (SCAC).
Zynyz is a PD-1 immune checkpoint inhibitor designed to help the immune system recognize and attack cancer cells.
The decision marks the first systemic treatment approved in Europe for newly diagnosed patients with advanced SCAC and expands Incyte’s growing oncology portfolio.
Shares of Incyte have gained 34.4% in the past year compared with the industry’s 12.5% growth.
Image Source: Zacks Investment Research
More on INCY’s ZynyzThe EC approval was based on results from the late-stage POD1UM-303 (InterAACT2) study, which evaluated Zynyz or placebo in combination with platinum-based chemotherapy (carboplatin and paclitaxel) in adult patients with metastatic or inoperable locally recurrent SCAC not previously treated with systemic chemotherapy.
The study results demonstrated a statistically significant 37% reduction in the risk of progression or death. Patients treated with Zynyz achieved a median progression-free survival of 9.3 months, compared with 7.4 months for patients in the placebo combination group.
Improvements were also observed across secondary endpoints, including overall survival.
Importantly, the safety profile of the combination therapy was generally consistent with other PD-1 inhibitor and chemotherapy combinations.
The EC decision follows the positive Committee for Medicinal Products for Human Use (CHMP) opinion received from the European Medicines Agency in January 2026.
We note that the drug is already approved for the first-line treatment of adult patients with inoperable locally recurrent or metastatic SCAC in the United States and Japan. It is also approved as a single agent for the treatment of adult patients with locally recurrent or metastatic SCAC with disease progression or intolerance to platinum-based chemotherapy in the United States.
In addition, Zynyz is approved as a monotherapy for the first-line treatment of adults with metastatic or recurrent locally advanced merkel cell carcinoma in the United States, European Union, Canada and Switzerland.
The drug is marketed in the United States by Incyte. In 2017, the company entered into an exclusive collaboration and licensing agreement with MacroGenics for global rights to retifanlimab.
The POD1UM clinical program for retifanlimab includes POD1UM-303, POD1UM-202 and several other studies in different stages for patients with solid tumors.
INCY’s Efforts to Expand PortfolioIncyte’s efforts to develop new drugs to diversify its portfolio and add an incremental stream of revenues are impressive.
At present, lead drug Jakafi accounts for the lion’s share of revenues.
The lead drug, Jakafi, is a JAK1/JAK2 inhibitor approved for the treatment of polycythemia vera (PV) in adults who have had an inadequate response to or are intolerant of hydroxyurea; intermediate or high-risk myelofibrosis (MF), including primary MF, post-polycythemia vera MF and post-essential thrombocythemia MF in adults; steroid-refractory acute graft-versus-host disease (GVHD) in adult and pediatric patients 12 years and older; and chronic GVHD after failure of one or two lines of systemic therapy in adult and pediatric patients aged 12 years and older.
Sales in all indications continue to be strong and should maintain momentum going forward.
Jakafi is marketed by Incyte in the United States and by Novartis (NVS - Free Report) as Jakavi in ex-U.S. markets.
Incyte earns product royalty revenues from Novartis for the commercialization of Jakavi in ex-U.S. markets.
Encouraging uptake of new drugs like Pemazyre, Monjuvi and Tabrecta contributes to its top-line growth.
Incyte also receives royalties from the sales of Tabrecta (capmatinib), which is approved for treating adult patients with metastatic non-small cell lung cancer. Novartis has exclusive worldwide development and commercialization rights to Tabrecta.
The pipeline progress is impressive as well. Incyte expects to have 14 pivotal clinical trials underway by year-end.
INCY’s Zacks Rank & Stocks to ConsiderINCY currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the drug/biotech sector are Catalyst Pharmaceuticals (CPRX - Free Report) and ANI Pharmaceuticals (ANIP - Free Report) . While Catalyst Pharmaceuticals currently sports a Zacks Rank #1 (Strong Buy), ANI Pharmaceuticals holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Over the past 60 days, estimates for Catalyst Pharmaceuticals’ 2026 earnings per share have increased from $2.53 to $2.82, and the same for 2027 have grown from $2.85 to $3.20. CPRX’s shares have risen 17% in the past year.
Catalyst Pharmaceuticals’ earnings beat estimates in each of the trailing four quarters, with the average surprise being 35.19%.
Over the past 60 days, estimates for ANI Pharmaceuticals’ 2026 earnings per share have increased from $8.20 to $9.00, while the same for 2027 have risen from $9.25 to $10.10. ANIP’s shares have gained 25.9% in the past year.
ANI Pharmaceuticals’ earnings beat estimates in each of the trailing four quarters, with the average surprise being 22.21%.
2026-03-09 17:216h ago
2026-03-09 13:1510h ago
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulled Back As Oil Tested Multi-Year Highs
Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties. This content is intended for educational and research purposes only. It does not constitute, and should not be interpreted as, a recommendation or advice to take any action, including making any investment or purchasing any product. Before making any financial decision, you should conduct your own due diligence, exercise your own discretion, and consult with competent advisors. The content on this website is not personally directed to you, and we do not take into account your individual financial situation or needs. The information contained on this website is not necessarily provided in real time, nor is it guaranteed to be accurate. Prices displayed may be provided by market makers and not by exchanges. Any trading or other financial decision you make is entirely your own responsibility, and you must not rely solely on any information provided through the website. FXEmpire does not provide any warranty regarding the accuracy, completeness, or reliability of any information contained on the website and shall bear no responsibility for any trading losses you may incur as a result of using such information. The website may include advertisements and other promotional content. FXEmpire may receive compensation from third parties in connection with such content. FXEmpire does not endorse, recommend, or assume responsibility for the use of any third-party services or websites. Empire Media Network LTD., its employees, officers, subsidiaries, and affiliates shall not be liable for any loss or damage resulting from your use of the website or reliance on the information provided herein.Risk DisclaimersThis website contains information about cryptocurrencies, contracts for difference (CFDs), and other financial instruments, as well as about brokers, exchanges, and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and involve a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. FX Empire encourages you to conduct your own research before making any investment decision and to avoid investing in any financial instrument unless you fully understand how it works and the risks involved.
2026-03-09 17:216h ago
2026-03-09 13:1710h ago
Ongoing Grocery Outlet Holding Corp. (GO) Investigation: Protect Your Rights - Contact Levi & Korsinsky
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Grocery Outlet Holding Corp. ("Grocery Outlet Holding Corp.") (NASDAQ: GO) concerning potential violations of the federal securities laws.
On the Q3 2025 earnings call on November 4, 2025, management narrowed the FY2025 comparable-store sales outlook to 0.6%-0.9%, down from 0.6%-1.2%. Management nevertheless reiterated confidence in the outlook for gross margin, adjusted EBITDA and adjusted EPS.
Months later, the Company announced plans to close 36 under-performing stores, approximately 6% of the Company's total store base - in connection with its March 2026 earnings release. The closure plan had not been referenced during the Q3 2025 earnings call or in the Company's December 3, 2025 Form 8-K, which stated the Company was "not otherwise providing any update regarding its outlook issued on November 4, 2025." The same earnings release also introduced FY2026 guidance significantly below analyst expectations.
If you suffered a loss on your Grocery Outlet Holding Corp. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212)363-7500
Fax: (212)363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287778
Source: Levi & Korsinsky, LLP
2026-03-09 17:216h ago
2026-03-09 13:1710h ago
BJ's Restaurants: Another Pizookie Dip Worth Buying
SummaryBJ's Restaurants is experiencing again a "Pizookie Dip," presenting an attractive entry point with a revised price target of ~$49 per share.BJRI outperformed peers in Q4 with same-store sales growth of 2.6%, driven by menu innovation and value-focused promotions, despite industry-wide traffic softness.Margins remain resilient due to efficient cost management, a favorable menu mix, and limited new store openings, supporting robust EBITDA expansion.Management guides for FY 2026 same-store sales growth of 1–3%, EBITDA of $140–$150 million, and a buyback yield just over 6%. agaliza/iStock via Getty Images
Have you ever eaten a Pizookie before?
I have to confess I've never had one at a BJ's Restaurants, Inc. (BJRI), but I tried something similar at Outback (BLMN) once. I found it quite sweet, and I think I
862 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.
2026-03-09 17:216h ago
2026-03-09 13:1710h ago
American Tower Corporation (AMT) Presents at Deutsche Bank 34th Annual Media, Internet & Telecom Conference Transcript
FMC Technologies (FTI - Free Report) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.
Analysts' growing optimism on the earnings prospects of this provider of equipment and services to energy companies is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank.
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.
For FMC Technologies, there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year.
The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:
12 Month EPS
Current-Quarter Estimate RevisionsFor the current quarter, the company is expected to earn $0.56 per share, which is a change of +69.7% from the year-ago reported number.
Over the last 30 days, eight estimates have moved higher for FMC Technologies while one has gone lower. As a result, the Zacks Consensus Estimate has increased 5.62%.
Current-Year Estimate RevisionsFor the full year, the company is expected to earn $2.89 per share, representing a year-over-year change of +18.0%.
In terms of estimate revisions, the trend for the current year also appears quite encouraging for FMC Technologies. Over the past month, 10 estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 5.36%.
Favorable Zacks RankThe promising estimate revisions have helped FMC Technologies earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.
Bottom LineInvestors have been betting on FMC Technologies because of its solid estimate revisions, as evident from the stock's 6.7% gain over the past four weeks. As its earnings growth prospects might push the stock higher, you may consider adding it to your portfolio right away.
2026-03-09 17:216h ago
2026-03-09 13:2010h ago
Will Bentley Systems (BSY) Gain on Rising Earnings Estimates?
Bentley Systems, Incorporated (BSY - Free Report) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.
Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core.
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.
For Bentley Systems, Incorporated, there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year.
The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:
12 Month EPS
Current-Quarter Estimate RevisionsThe company is expected to earn $0.38 per share for the current quarter, which represents a year-over-year change of +8.6%.
Over the last 30 days, the Zacks Consensus Estimate for Bentley Systems has increased 7.44% because three estimates have moved higher compared to no negative revisions.
Current-Year Estimate RevisionsThe company is expected to earn $1.42 per share for the full year, which represents a change of +17.4% from the prior-year number.
In terms of estimate revisions, the trend for the current year also appears quite encouraging for Bentley Systems. Over the past month, four estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 6.74%.
Favorable Zacks RankThe promising estimate revisions have helped Bentley Systems earn a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.
Bottom LineInvestors have been betting on Bentley Systems because of its solid estimate revisions, as evident from the stock's 20% gain over the past four weeks. As its earnings growth prospects might push the stock higher, you may consider adding it to your portfolio right away.
2026-03-09 17:216h ago
2026-03-09 13:2010h ago
Petrobras Speeds Up Buzios Output With Faster Platform Ramp-Up
Key Takeaways Petrobras is accelerating Buzios field output by speeding ramp-ups at new offshore platforms.P-78 achieved first gas injection 61 days after first oil, beating the prior 79-day record set.Petrobras cut field decline rates from 12% to about 4%, helping new platforms lift overall output. Petróleo Brasileiro S.A. - Petrobras (PBR - Free Report) is moving to accelerate production increases from its newest offshore platforms in the Búzios field, located in Brazil’s prolific pre-salt Santos Basin. The initiative focuses on speeding up the production ramp-up from recently installed units as the company aims to strengthen output growth while maintaining efficient field management.
According to company leadership, the move is part of Petrobras’ broader strategy to maximize the productivity of its high-value pre-salt assets, which remain among the most important drivers of Brazil’s oil production.
Faster Ramp-Up From P-78 & P-79 PlatformsPetrobras is prioritizing faster ramp-up operations at the P-78 platform, which is already producing, and the P-79 platform, which is nearing the final commissioning phase. A key milestone has already been achieved at P-78, where the company completed the first gas injection just 61 days after first oil production.
This achievement marks a new operational record for Petrobras. The previous benchmark was set by the P-66 platform, where the same process took 79 days. Accelerating gas injection is crucial because it stabilizes reservoir pressure and allows Petrobras to proceed with the interconnection of additional wells on the platform.
Currently, P-78 has one well connected, and once the gas injection process stabilizes, Petrobras plans to link more wells to boost production capacity.
Strategic Role of Gas InjectionGas injection plays a vital role in sustaining output levels in offshore reservoirs. By injecting gas back into the reservoir, Petrobras can maintain pressure and enhance oil recovery rates, ensuring more efficient extraction over time.
By completing this step earlier than usual, Petrobras is positioning the platform to reach its production targets more quickly. This operational efficiency could significantly shorten the time required for the platform to reach peak production.
New Platforms to Strengthen Future ProductionWhile the ramp-up of existing platforms is being accelerated, Petrobras does not expect the next two platforms in the Búzios development — P-80 and P-81 — to begin production earlier than scheduled. Both units are still on track to start operations in early 2027.
The P-80 platform is expected to begin its journey to Brazil in August, followed by another platform departing the following month. These large-scale offshore units will play a major role in sustaining production growth in the coming years.
Each platform is designed with a production capacity of approximately 180,000 barrels of oil per day, highlighting the scale of Petrobras’ ongoing investment in the Búzios field.
Managing Reservoir Decline to Sustain OutputA key factor enabling Petrobras to expand production is its success in managing natural reservoir decline in mature fields. The company has significantly reduced the annual decline rate in its major oil fields from 12% to about 4% starting in 2024.
This improvement has allowed new platforms to contribute meaningful production growth rather than merely offsetting natural declines. The result was reflected in Petrobras’ record production levels last year.
Without this improvement in reservoir management, new platforms would have only replaced lost production instead of increasing overall output.
A New Phase for Brazil’s Oil ProductionWith the accelerated ramp-up of existing platforms and the addition of large new units in the coming years, Petrobras expects a substantial rise in production from the Búzios field.
Two major platforms entering operation this year will lift Brazil’s production capacity, while two more scheduled for early 2027 are expected to consolidate this higher production level. Together, these developments reinforce the strategic importance of the Búzios field as one of the largest and most productive offshore oil assets in the world.
PBR’s Zacks Rank & Key PicksHeadquartered in Rio de Janeiro, Petroleo Brasileiro S.A., or Petrobras S.A., is the largest integrated energy firm in Brazil and one of the largest in Latin America. Currently, PBR has a Zacks Rank #3 (Hold).
Investors interested in the energy sector may consider some top-ranked stocks like Archrock, Inc. (AROC - Free Report) , Harbour Energy plc (HBRIY - Free Report) and Nabors Industries Ltd. (NBR - Free Report) .While Archrock sports a Zacks Rank #1 (Strong Buy) at present, Harbour Energy and Nabors Industries carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.
Archrock started as a broader energy services provider but has steadily refocused its business to become a premier compression services company, primarily supporting natural gas production, processing and transportation. The Zacks Consensus Estimate for AROC’s 2026 earnings indicates 5.8% year-over-year growth.
U.K.-based Harbour Energy is an independent oil and gas company. The Zacks Consensus Estimate for HBRIY’s 2026 earnings indicates 212.5% year-over-year growth.
Hamilton-based Nabors Industries is one of the largest land-drilling contractors in the world, conducting oil, gas and geothermal land-drilling operations. The Zacks Consensus Estimate for NBR’s 2026 earnings indicates 48.6% year-over-year growth.
2026-03-09 16:217h ago
2026-03-09 12:0112h ago
Hagens Berman Alerts Corcept Therapeutics (CORT) Investors to Securities Class Action and April 21 Lead Plaintiff Deadline
SAN FRANCISCO, March 09, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman is notifying investors that a securities class action lawsuit has been filed against Corcept Therapeutics Inc. (NASDAQ: CORT) and certain of its top executives. The lawsuit, Allegheny County Employees' Retirement System v. Corcept Therapeutics Incorporated, No. 26-cv-01525 (N.D. Cal.), seeks to recover losses for investors who purchased CORT common stock between October 31, 2024, and December 30, 2025.
The firm urges Corcept investors who suffered significant losses to contact the firm now to discuss their rights.
The complaint alleges that Corcept misled the market regarding the regulatory viability of its lead product candidate, relacorilant. While the company publicly claimed the drug was supported by "powerful evidence" and was "approaching approval," the lawsuit reveals that the FDA had reportedly warned Corcept “on several occasions” during pre-submission meetings that its clinical data was inadequate.
Investors who suffered substantial losses are encouraged to visit the Hagens Berman’s CORT Case Page to download a copy of the complaint and review the lead plaintiff process: www.hbsslaw.com/cases/corcept
“The litigation targets the alleged gap between Corcept’s ‘high confidence’ narrative and the private warnings from the FDA,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation. “The complaint alleges that management knew the FDA had warned them to expect ‘significant review issues’ if they filed the NDA, yet they chose to move forward while assuring investors that no impediments existed.”
Summary of the Allegations: The Relacorilant Rejection
The filed complaint alleges that Corcept and its executives violated the Securities Exchange Act of 1934 by making false and/or misleading statements.
Concealed FDA Concerns: The lawsuit alleges that during pre-submission meetings, the FDA explicitly informed Corcept of concerns regarding the adequacy of the clinical development program to assess relacorilant’s effect on hypertension.The “Warning Not to File”: Evidence cited in the complaint suggests the FDA warned the company to expect rejection if it submitted the NDA without additional evidence of effectiveness—a warning allegedly withheld from shareholders.The December 31 “Surprise”: On December 31, 2025, Corcept revealed it had received a Complete Response Letter (CRL) from the FDA. The news caused CORT shares to plummet from $70.20 to **$34.80** in a single day, erasing over $3.6 billion in market value.The Post-Class Period Disclosure: A subsequent redacted copy of the CRL published on January 30, 2026, confirmed that the FDA had concluded it could not arrive at a "favorable benefit-risk assessment" without further effectiveness data. View our latest video summary of the allegations: youtube.com/watch?v=vMk3jcOV3Ng
Critical Deadline: April 21, 2026
If you purchased Corcept common stock during the Class Period, you have until April 21, 2026, to ask the Court to appoint you as Lead Plaintiff.
If you invested in Corcept and have substantial losses, or have knowledge that may assist the firm’s investigation,
SUBMIT YOUR CORT LOSSES NOWContact: Reed Kathrein at 844-916-0895 or email [email protected] If you’d like more information and answers to other frequently asked questions about the Corcept case and our investigation, read more »
Whistleblowers: Persons with non-public information regarding Corcept should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Contact:
Reed Kathrein, 844-916-0895
2026-03-09 16:217h ago
2026-03-09 12:0112h ago
Nintendo Seeks Refunds From Trump Administration After Supreme Court Struck Down Tariffs
Nintendo of America is seeking a refund from the Trump administration after the Supreme Court ruled that the president lacked sweeping authority to impose tariffs under a 1977 emergency powers law.
The lawsuit, filed in the U.S. Court of International Trade late last week, seeks an unspecified amount og a refund, plus interest. The lawsuit runs through Donald Trump‘s series of tariffs imposed over the past year under the International Emergency Economic Powers Act of 1977.
“Plaintiff has been substantially harmed by the unlawful execution and imposition of the unauthorized Executive Orders and corresponding payment of the IEEPA Duties,” the lawsuit stated.
The lawsuit cited Trump’s tariffs on countries including Canada, Mexico and China.
Read the Nintendo lawsuit.
Trump has tried to continue his tariffs via other means, although his latest across-the-board 15% tariff is limited to 150 days unless Congress votes to extend it.
A White House spokesperson did not immediately respond to a request for comment.
2026-03-09 16:217h ago
2026-03-09 12:0312h ago
KBRA Assigns A- Issuer and Senior Unsecured Debt Ratings to Sumisho Air Lease Corporation; Expects to Rate Senior Unsecured Notes Issuance A-
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns issuer and senior unsecured debt ratings of A- to Takeoff Merger Sub Inc. (“Merger Sub”), an entity which will merge with Air Lease Corporation (NYSE: AL or “Air Lease”, a global aircraft leasing company based in Los Angeles, California) and be renamed Sumisho Air Lease Corporation (“SALC” or the company). The rating Outlook is Stable. KBRA expects to assign an A- rating to the senior unsecured notes expected to be issued by Merger Sub. Upon close of the.
2026-03-09 16:217h ago
2026-03-09 12:0312h ago
Oil tankers transiting Strait of Hormuz 'must be very careful,' Iran foreign ministry warns
Published Mon, Mar 9 202612:00 PM EDTUpdated 7 Min Ago
Key Points
Oil tankers passing through the Strait of Hormuz "must be very careful," the spokesman for Iran's Ministry of Foreign Affairs told CNBC.The spokesman, Esmail Baghaei, also defended Iran's attacks on Gulf States, saying that targeting "military bases and assets" belonging to the United States in the region is "legitimate under international law."Oil tankers passing through the Strait of Hormuz "must be very careful," the spokesman for Iran's Ministry of Foreign Affairs warned on Monday.
The spokesman, Esmail Baghaei, also defended Iran's attacks on Gulf States, telling CNBC that targeting "military bases and assets" belonging to the United States in the region is "legitimate under international law."
The price of crude oil has sharply spiked as the Strait of Hormuz has been effectively closed.
"As long as the situation is insecure, I think all tankers, all maritime navigation, must be very careful," said Baghaei, who is also head of the Center for Public Diplomacy.
Read more U.S.-Iran war newsOil eases after topping $110 as G7 considers emergency reserve release amid widening Middle East warWhy China can withstand oil's surge past $100 more easily than other countriesTrump says oil price surge is a 'small price to pay' for defeating IranPRO: Oil price surge could boost these Chinese stocks, Goldman saysIran names Ayatollah Khamenei's son, Mojtaba, as new supreme leader: Media reportsEnergy prices will fall when Iran's ability to attack tankers ends: WrightIran war could make affordability bigger issue in 2026 electionsTrump says no deal with Iran to end war without 'unconditional surrender'How Iran and Venezuela strikes transform the Trump-Xi trade talksGlobal week ahead: Diplomacy in ruins as G7 meets on IranChina says 'thorough preparations' needed as Trump-Xi meeting hangs in the balance amid Iran warWill Iran war fallout end the bull market? When investors really need to worryThis is breaking news. Please refresh for updates.
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Surgery Partners, Inc. to Present at Upcoming Investor Conference
March 09, 2026 12:04 ET | Source: Surgery Partners, Inc.
BRENTWOOD, Tenn., March 09, 2026 (GLOBE NEWSWIRE) -- Surgery Partners, Inc. (NASDAQ:SGRY) ("Surgery Partners" or the "Company"), is scheduled to meet with investors at the Barclays 28th Annual Global Healthcare Conference, including a presentation on Tuesday, March 10, 2026, at 2:30 p.m. (Eastern Time).
Interested investors and other parties may listen to a simultaneous webcast of the event through the investor relations section of the company's website at www.surgerypartners.com. The replay will also be available on this same website for a limited time following the call.
To learn more about Surgery Partners, please visit the Company's website at www.surgerypartners.com. Surgery Partners uses its website as a channel of distribution for material Company information. Financial and other material information regarding Surgery Partners is routinely posted on the Company's website and is readily accessible.
About Surgery Partners
Headquartered in Brentwood, Tennessee, Surgery Partners is a leading healthcare services company with a differentiated outpatient delivery model focused on providing high quality, cost effective solutions for surgical and related ancillary care in support of both patients and physicians. Founded in 2004, Surgery Partners is one of the largest and fastest growing surgical services businesses in the country, with more than 200 locations in 30 states, including ambulatory surgery centers, surgical hospitals, multi-specialty physician practices and urgent care facilities. For additional information, visit www.surgerypartners.com.
Contact:
Surgery Partners Investor Relations
(615) 234-8940 [email protected]
NEWTON, Kan., March 09, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Park Aerospace Corp. (NYSE-PKE) has declared a regular quarterly cash dividend of $0.125 per share payable May 4, 2026 to shareholders of record at the close of business on April 2, 2026.
Park has paid 41 consecutive years of uninterrupted regular, quarterly cash dividends, without ever skipping a dividend payment or reducing the amount of the dividend.
The Company has paid $611.0 million in cash dividends, or $29.85 per share, since the beginning of the Company’s 2005 fiscal year.
Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets. Park’s advanced composite materials include film adhesives (Aeroadhere®) and lightning strike protection materials (Electroglide®). Park offers an array of composite materials specifically designed for hand lay-up or automated fiber placement (AFP) manufacturing applications. Park’s advanced composite materials are used to produce primary and secondary structures for jet engines, large and regional transport aircraft, military aircraft, Unmanned Aerial Vehicles (UAVs commonly referred to as “drones”), business jets, general aviation aircraft and rotary wing aircraft. Park also offers specialty ablative materials for rocket motors and nozzles and specially designed materials for radome applications. As a complement to Park’s advanced composite materials offering, Park designs and fabricates composite parts, structures and assemblies and low volume tooling for the aerospace industry. Target markets for Park’s composite parts and structures (which include Park’s proprietary composite SigmaStrut™ and AlphaStrut™ product lines) are, among others, prototype and development aircraft, special mission aircraft, spares for legacy military and civilian aircraft and exotic spacecraft. Park’s objective is to do what others are either unwilling or unable to do. When nobody else wants to do it because it is too difficult, too small or too annoying, sign us up.
Additional corporate information is available on the Company’s website at www.parkaerospace.com.
Contact: Donna D’Amico-Annitto486 North Oliver Road, Bldg. Z
Newton, Kansas 67114
(316) 283-6500
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
TrendForce, which tracks global smartphone shipments and production, reports that Samsung’s production matched Apple’s (NASDAQ: AAPL | AAPL Price Prediction) last year. Total global smartphones reached 1.25 billion across the industry.
Apple and Samsung tied with production numbers of 239.8 million. For the year, Apple’s number rose 9% and Samsung’s by 11%. Apple’s newest product was the primary reason it did so well. “In 2025, the iPhone 17 series benefited from well-positioned retail pricing to deliver strong market performance.” Apple made a phenomenal run at the end of the year. In the fourth quarter, production rose 54% to 87 million units.
Chinese manufacturers have done well in recent years because it is the world’s largest smartphone market, with about 1 billion wireless subscribers. However, the run mostly ended last year. Market leader Xiaomi saw a 7% drop to 169.8 million. Vivo’s sales dropped 17% to 102 million. Honor was the exception with an increase of 16% to 70.5 million
Apple’s success came as a surprise to some people. It did not launch a much-anticipated AI version of its iOS software. It pushed that into 2026. Soon, its upgraded Siri AI product will be released, powered by Google’s Gemini. CNBC reported that “Apple has picked Google’s Gemini to run AI-powered Siri coming this year.”
Apple’s iPhone 17 sales drove an extremely strong quarter. In its most recent report, iPhone revene reached $85.3 billion, up from $69.1 billion in the same period a year ago. Total revenue was $143.6 billion, so iPhone sales were 59% of total revenue.
If Apple did so well without an AI product, imagine how well it will do with one?
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Law Offices of Frank R. Cruz Encourages Eos Energy Enterprises (EOSE) Shareholders To Inquire About Securities Fraud Class Action
LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages Eos Energy Enterprises (EOSE) Shareholders To Inquire About Securities Fraud Class Action.
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Monomoy Capital Partners Signs Definitive Agreement to Acquire Jiffy Lube from Shell
NEW YORK--(BUSINESS WIRE)--Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the middle market, announced today it has entered into a definitive agreement to acquire the leading quick lube and automotive service franchisor in North America, Jiffy Lube International, Inc., from Pennzoil Quaker State Company DBA SOPUS Products, a wholly owned subsidiary of Shell USA, Inc. An affiliate of Monomoy will acquire Jiffy Lube through its Fund V for app.
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Free of Warner Bros., Netflix Is a Growth Stock Once Again
Netflix’s (NASDAQ:NFLX) ambitious push to acquire key assets from Warner Bros. Discovery (NASDAQ:WBD) in late 2025 quickly turned sour. Investors feared the roughly $83 billion cash deal — priced at $27.75 per share — would saddle the streamer with massive new debt, crimping margins and diverting capital from its core streaming business. Shares plunged as the market priced in the risk.
After several attempts, Paramount Skydance (NASDAQ:PSKY) returned with a sweetened $31-per-share superior proposal, which Netflix wisely declined to match. When Warner Bros.’ board accepted the new bid last month, Netflix shares shot higher. Just two weeks later, the stock has surged 30% higher. Now, unburdened by the Warner Bros. anchor, Netflix is free to resume its former growth trajectory.
Subscriber Momentum Returns to Center Stage Netflix never truly needed the Warner assets; its core business was already firing on all cylinders. In 2025, the company added millions of new subscribers while growing full-year revenue 16% to $45 billion. Operating margins expanded to 29.5%. For 2026, management is guiding for revenue growth of 12% to 14%, reaching as much as $51.7 billion and a 31.5% operating margin.
The collapse of the Warner Bros. deal removes any distraction, allowing Netflix to double down on what it does best: global expansion, original programming, and personalized recommendations. With password-sharing crackdowns largely complete and live sports and reality shows gaining traction, analysts expect another year of robust paid-member additions. Its remarkable core business can now grow without the overhang of integration risk.
Advertising Becomes a High-Margin Growth Engine Netflix’s ad tier, once an experiment, is now a proven success. The company has aggressively rolled out the lower-priced, ad-supported plan across dozens of markets, converting millions of users and attracting new ones who never would have paid full freight. Ad revenue is climbing rapidly, delivering margins far higher than the traditional subscription business.
Freed from the capital demands of a transformative acquisition, Netflix can accelerate ad-tier innovation — better targeting, more premium ad formats, and partnerships with major brands. This revenue stream, virtually nonexistent a few years ago, is now poised to contribute meaningfully to the bottom line and support the 30% stock rebound we’ve already witnessed.
Content Investment and Shareholder Returns Accelerate Netflix has always thrived by outspending rivals on compelling content. With the $2.8 billion breakup fee from Paramount Skydance now in hand, and share repurchases paused during the bidding process back on the table, the company has fresh dry powder.
Management plans to invest roughly $20 billion in content through 2026, focusing on high-ROI originals and licensed hits that drive retention and acquisition. At the same time, resuming buybacks — a practice that consistently supported the stock during previous growth phases — will return excess capital directly to shareholders.
The combination of organic growth, advertising tailwinds, and disciplined capital return positions Netflix to deliver the kind of earnings expansion that once made it a Wall Street darling.
Key Takeaway Netflix looks ready to reclaim its status as a true growth stock. The market has rewarded management’s discipline in walking away from a deal that would have diluted focus and loaded the balance sheet with debt. Subscriber growth is reaccelerating, advertising is scaling profitably, content spending remains robust, and the $2.8 billion windfall plus restarted buybacks give the company multiple levers to create value.
Yet that doesn’t mean investors can rest easy. Management has signaled it remains open to acquisitions — and that’s fine as long as they are complementary, bolt-on deals that enhance the platform without derailing the core strategy. Any return to a transformative, debt-heavy bid could quickly reverse the 30% rally. For now, though, Netflix is unencumbered and back on the growth path it knows best. Wall Street is once again bullish, upgrading the stock and raising their price targets, and with good reason.
Eltek Ltd. (ELTK) Q4 2025 Earnings Call March 9, 2026 9:30 AM EDT
Company Participants
Eli Yaffe - Chief Executive Officer
Ron Freund - Chief Financial Officer
Conference Call Participants
Mark Sharogradsky
Presentation
Operator
Ladies and gentlemen, thank you for standing by. Welcome to the Eltek Ltd. 2025 Annual and Fourth Quarter Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. Before I turn over the call to Mr. Eli Yaffe, Chief Executive Officer; and Ron Freund, Chief Financial Officer, I'd like to remind you that they will be referring to forward-looking information in today's presentation and in the Q&A. By its nature, this information contains forecasts, assumptions, and expectations about future outcomes, which are subject to the risks and uncertainties outlined here and discussed more fully in Eltek's public disclosure filings.
These forward-looking statements are projections and reflect the current beliefs and expectations of the company. Actual events or results may differ materially. We'll also be referring to non-GAAP measures. Eltek undertakes no obligation to publicly release revisions to such forward-looking statements to reflect events or circumstances occurring subsequent to this date.
I will now turn the call over to Mr. Eli Yaffe. Mr. Yaffe, please go ahead.
Eli Yaffe
Chief Executive Officer
Thank you. Good morning. Thank you for joining us for our 2025 annual earnings call. With me is Ron Freund, our Chief Financial Officer. We will begin by providing you with an overview of our business and summary of the principal factors that affected the results during 2025. After our prepared remarks, we'll be happy to answer any of your questions. By now, everyone should have access to our press release, which was released earlier today. The release was also available on our website. Revenue for 2025 totaled $51.8 million, representing an 11% increase compared to 2024. This growth reflects the company's strategic accelerated investment program, which
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Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) Q4 2025 Earnings Call Transcript
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN) Q4 2025 Earnings Call March 9, 2026 9:00 AM EDT
Company Participants
Lucila Ramallo - Deputy Investor Relations Manager
German Ranftl - Finance and Control Director
Presentation
Lucila Ramallo
Deputy Investor Relations Manager
Good morning, and welcome. This is Lucila Ramallo investor Relations Deputy Manager at Edenor. On behalf of Edenor we would like to thank everybody for participating in this conference call to discuss the results of the fourth quarter that ended on December 31, 2025. We will also highlight an important recent development and advances in our efforts to strengthen our position as an energy leader. If you would like to receive our earnings release or presentation, you can download them easily from the Investor Relations section of our website located at www.edenor.com or contact our Investor Relations team to request the documents.
This event is being recorded. [Operator Instructions].
Before proceeding, let me mention that forward-looking statements are based on the belief and assumptions of the Edenor management and on information currently available to the company. They involve risks, uncertainties and assumptions because they relate to future events and therefore, depends on circumstances that may or may not occur in the future.
Investors should understand that general economic conditions, industry conditions and other operating factors could also affect the future results of Edenor and could cause results to differ materially from those expresses in such forward-looking statement.
Now let me pass the call to German Ranftl, our CFO, who will guide us through the presentation.
German Ranftl
Finance and Control Director
Thank you, Lucila. Good morning, and welcome to everyone. Your presence here is very important to us, and we hope to provide you with a good understanding of the Edenor performance during the fourth quarter of 2025.
Highlights and
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Wilton Resources Inc. Announces Amendment to Outstanding Warrants
Calgary, Alberta--(Newsfile Corp. - March 9, 2026) - Wilton Resources Inc. (TSXV: WIL) (the "Corporation") announces that it intends to: (i) amend the expiry date of 833,333 outstanding common share purchase warrants that were granted pursuant to a private placement of units of the Corporation which closed on May 23, 2024 (the "May 23 Warrants"); and (ii) amend the expiry date of 2,791,767 outstanding common share purchase warrants that were granted pursuant to a private placement of units of the Corporation which closed on May 28, 2024 (the "May 28 Warrants" and together with the May 23 Warrants, the "Warrants").
At the time of issuance, each May 23 Warrant entitled the holder to acquire one common share of the Corporation (the "Common Shares") at a price of $0.70 per Common Share, exercisable until May 23, 2025. On May 12, 2025, the Corporation extended the expiry date of the May 23 Warrants from May 23, 2025 to March 23, 2026. The Corporation proposes to further amend the May 23 Warrants by extending the expiry date by one year from March 23, 2026 to March 23, 2027. All other terms of the May 23 Warrants will remain unchanged.
At the time of issuance, each May 28 Warrant entitled the holder to acquire one Common Share at a price of $0.91 per Common Share, exercisable until May 28, 2025. On May 12, 2025, the Corporation extended the expiry date of the May 28 Warrants from May 28, 2025 to March 28, 2026. The Corporation proposes to further amend the May 28 Warrants by extending the expiry date by one year from March 28, 2026 to March 28, 2027. All other terms of the May 28 Warrants will remain unchanged.
The Warrants are not owned by, directly or indirectly, any of the Corporation's directors, officers or control persons.
The proposed amendments to the Warrants are subject to the approval of the TSXV.
FORWARD-LOOKING INFORMATION
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current beliefs or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this press release contains forward-looking information with respect to the extension of the term of the Warrants. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Corporation. The material facts and assumptions include obtaining approval of the Exchange of the proposed extension of the term of the Warrants. The Corporation cautions the reader that the above list of risk factors is not exhaustive. The forward-looking information contained in this release is made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Due to the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward- looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Additional information regarding the Corporation is available on the Corporation's profile on the SEDAR+ website at www.sedarplus.ca.
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.
Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287772
Source: Wilton Resources Inc.
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2026-03-09 16:217h ago
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US and China clash over fentanyl and tariffs at global drugs meeting
Sara Carter speaks at the Conservative Political Action Conference (CPAC) annual meeting in National Harbor, Maryland, U.S., February 22, 2024. REUTERS/Amanda Andrade-Rhoades/File Photo Purchase Licensing Rights, opens new tab
VIENNA, March 9 (Reuters) - The United States and China traded barbs at a U.N. drugs meeting on Monday, with Washington accusing Beijing of failing to stop sales of precursor chemicals for fentanyl and China dismissing the allegation as false while calling the U.S. irresponsible.
The exchange, delivered in separate statements at the U.N.'s annual Commission on Narcotic Drugs meeting in Vienna, underscored tensions between the two countries over illicit drugs and tariffs, with their leaders due to meet in China at the end of the month.
Keep up with the latest medical breakthroughs and healthcare trends with the Reuters Health Rounds newsletter. Sign up here.
"We know where the chemical precursors (for fentanyl) are coming from. They are manufactured by the millions of tons in China," Sara Carter, director of the White House Office of National Drug Control Policy, said as she delivered the U.S. statement.
"We know that China's weak export controls and lax enforcement allow its chemical industry to foster friendships with the (drug) cartels. At the same time, China's overly effective controls over rare earth minerals wreak havoc on legitimate industries."
Under an agreement struck in South Korea last year between President Donald Trump and his Chinese counterpart Xi Jinping, the U.S. agreed to trim tariffs on China in exchange for Beijing cracking down on the illicit fentanyl trade, resuming U.S. soybean purchases and keeping rare earths exports flowing.
The U.S. Supreme Court last month invalidated a 10% fentanyl-related tariff Trump had imposed on China and others under an emergency statute. The Trump administration has told Beijing it expects to reimpose that levy under a different law, a U.S. official said.
"A certain country using the drug problem as a pretext has resorted to unilateral bullying and even interfered in the internal affairs of other countries, which ... gravely harms global cooperation in drug control," China's statement delivered by envoy Gao Wei said, apparently referring to the United States.
"It is regrettable that just now the U.S. delegate again made remarks that do not reflect reality," he said.
Countries should address domestic drug problems by improving control measures and engaging in international cooperation, not by "abusing sanctions, tariffs, or other means to erect barriers (and) shift blame," he added.
Reporting by Francois Murphy Editing by Ros Russell
Our Standards: The Thomson Reuters Trust Principles., opens new tab
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Healthcare Jobs Drop, UnitedHealth Stock Slips: Opportunity or Risk?
UNH faces rising medical costs, regulatory probes and a healthcare hiring slump while shares keep falling, leaving investors weighing risk or opportunity.
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LMT Stock Surges 43.6% in 3 Month: Time to Hold or Book Profits?
Lockheed Martin shares jump 43.6% in three months on strong defense contracts and F-35 demand, but program losses and high debt may give new investors pause.
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Residential Home Health Expands Eastern Pennsylvania Footprint with Acquisition of Covenant Home Health
, /PRNewswire/ -- Residential Home Health, an affiliate of Graham Healthcare Group, announces the successful acquisition of Covenant Home Health of Havertown PA, a respected home health provider serving Bucks, Chester, Dauphin, Delaware, Lancaster, Lebanon, Montgomery, Philadelphia, and York counties. The combination strengthens Residential's presence in Eastern Pennsylvania, extending its reach into Philadelphia and Delaware counties. The acquisition reflects Residential's commitment to growth rooted in quality, clinical excellence, and strong local leadership.
"Covenant's strong local relationships and skilled clinical teams strengthen our foundation in southeastern Pennsylvania," said Dee Grein, CEO, Graham Healthcare Group. "By combining our resources and expertise, we are positioned to expand our services across the region, bringing high-quality nursing and therapy services to more patients while preserving the personalized care both organizations are known for."
As the healthcare landscape continues to evolve, Residential remains focused on delivering measurable outcomes, strengthening community partnerships, and ensuring patients receive exceptional care from clinicians they know and trust. Residential plans to retain Covenant's employees and is committed to ensuring a seamless transition for patients, families, referral partners, and staff. Current patients will experience no interruption in services.
About Graham Healthcare Group
Graham Healthcare Group (GHG) is a subsidiary of Graham Holdings Company (NYSE: GHC). GHG companies include Residential Home Health, Residential Hospice, Allegheny Health Network (AHN) Healthcare@Home, and Mary Free Bed at Home. GHG and its companies employ more than 3,000 dedicated professionals serving more than 20,000 patients daily. For more information, visit Graham Healthcare Group.
About Residential Home Health and Hospice
Residential Home Health and Hospice are leading providers of skilled home health, palliative, and hospice care in communities across Florida, Illinois, Kansas, Michigan, Missouri, Ohio, and Pennsylvania. Our experienced and professional care team members work with local physicians to deliver personalized in-home healthcare services for every stage of the patient's healthcare journey. For more information visit Residential Healthcare Group.
About Covenant Home Health
Covenant Home Health is a leading provider of skilled nursing, therapy, and supportive care services in Eastern Pennsylvania. Through personalized care plans, interdisciplinary collaboration, and a mission-driven culture, Covenant Home Health is focused on improving clinical outcomes and elevating the standard of care across the communities we serve. For more information visit Covenant Home Health.
A note about Covenant Private Duty. There will be no changes to Covenant Private Duty, its ownership, or offerings.
Ben Bogan and Ted Cohen of Stoneridge Partners served as the exclusive advisors to Covenant Home Health.
SOURCE Residential Home Health and Hospice
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SHAREHOLDER ALERT: Driven Brands Holdings Inc. (DRVN) Sued for Securities Fraud by Block & Leviton LLP; May 8 Deadline to Seek to Serve as Lead Plaintiff
Boston, Massachusetts--(Newsfile Corp. - March 9, 2026) - On behalf of its client, Block & Leviton LLP filed a class action lawsuit today against Driven Brands Holdings Inc. (NASDAQ: DRVN), along with certain individuals, alleging that they violated federal securities laws by issuing false and misleading statements concerning the company's business, operations, and prospects. A copy of the Complaint is available on Block & Leviton's website.
The complaint alleges that Driven Brands misled investors about the strength of its financial condition between May 9, 2023, and February 24, 2026. On February 25, 2026, Driven Brands announced it would delay filing its annual report on Form 10-K for Fiscal Year 2025 because there were "material errors in [Driven Brands'] previously issued financial statements" going back to 2023. Driven Brands announced that its previously issued "financial statements should not be relied upon and required restatement." The Company revealed that, among other things, Driven Brands' revenue and cash had been overstated. Following this revelation, the company's share price fell nearly 40%, causing significant investor losses.
The suit was brought in the Southern District of New York and was filed by Block & Leviton LLP. The case is captioned Clark v. Driven Brands Holdings Inc., No. 1:26-cv-1902 (S.D.N.Y.). The suit is brought on behalf of all those who purchased or otherwise acquired Driven Brands common stock between May 9, 2023, and February 24, 2026, inclusive.
If you are an investor who purchased or otherwise acquired Driven Brands (DRVN) stock during the Class Period, you are a member of this proposed Class, and may be able to seek appointment as a lead plaintiff. A lead plaintiff is a court-appointed representative of the class. To seek appointment as lead, you must comply with the relevant provisions of the Private Securities Litigation Reform Act, 15 U.S.C. 78u-4. If you wish to serve as lead plaintiff, you must move the Court by no later than May 8, 2026, the deadline established by this notice. You may contact Block & Leviton to learn more about serving as a lead plaintiff.
You do not need to seek to become a lead plaintiff to share in any possible recovery. You may retain counsel of your choice to represent you in this action.
You can learn more about the suit at Block & Leviton's case webpage, by calling (888) 256-2510, or by emailing [email protected].
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287767
Source: Block & Leviton LLP
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2026-03-09 16:217h ago
2026-03-09 12:1311h ago
Live Nation Settlement Hits Sour Note With State AGs
Attorneys general from several states say they haven’t abandoned their antitrust case against Live Nation.
This came after the news Monday (March 9) that the U.S. Department of Justice had reached a settlement with the company, which owns Ticketmaster.
As Reuters reported, Live Nation will pay a $200 million settlement and agree to make changes to its platform, such as allowing the participation of third-party ticketing services like Eventbrite.
However, New York State Attorney General Letitia James said her office could not agree to the settlement, arguing that it did not address the competition issue at the center of the case, and that it benefits Live Nation at the consumer’s expense.
“For years, Live Nation has made enormous profits by exploiting its illegal monopoly and raising costs for shows,” James said in a news release. “My office has led a bipartisan group of attorneys general in suing Live Nation for taking advantage of fans, venues, and artists, and we are committed to holding Live Nation accountable.”
She added that she and her colleagues from other states will continue to pursue their case.
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The Justice Department had filed suit in 2024 to break up Live Nation, claiming antitrust violations and monopolistic practices on the company’s part. The company had faced heavy scrutiny since acquiring Ticketmaster in 2010.
Then came Taylor Swift’s “Eras” tour, where fans of the pop star spent hours in online queues to access the high-priced tickets.
Fans of Swift and other musicians sued Live Nation and Ticketmaster in 2024, accusing the companies of colluding with other organizations to drive up the price of tickets.
“This lawsuit is based on false assumptions about how ticketing works. Artist teams, not Ticketmaster, set prices,” a Live National spokesperson told Wired at the time. “Live Nation does not own stadiums in the U.S. and primary tickets are consistently priced below market value, as evidenced by resale prices averaging more than double.”
The Justice Department and Live Nation had been weeks into their antitrust trial when the settlement was announced.
According to Reuters, U.S. District Judge Arun Subramanian questioned on Monday why the two sides had not notified the court about the settlement sooner, as the agreement was signed last week. A lawyer for the DOJ told the judge she was unaware of the settlement as the trial continued on Friday. The judge was unhappy with the outcome, the report added.
“It shows absolute disrespect for the court, for the jury, for this entire process, and it is entirely unacceptable,” Subramanian said.
Japan is a major oil importer. That explains the vulnerabilities of the country’s equity market to conflict in Iran. Over the past month, the MSCI Japan Index is off about 2%.
For now, there isn’t much clarity in terms of how long the conflict will last or if it will morph into a traditional, extended war, which much of the world doesn’t want. However, recent retrenchment by Japanese stocks may provide an opportunity to revisit that previously high-flying market. That includes ETFs such as the WisdomTree Japan Opportunities Fund (OPPJ).
It’s an admittedly short time frame, but for the aforementioned month, OPPJ actually generated modest upside. It blew past the MSCI Japan Index in the process. The WisdomTree ETF merits consideration because it’s outpacing basic rivals. Plus, geopolitical intensity in the Middle East isn’t an indictment of the fundamentals of Japanese risk assets.
OPPJ a Solid Choice for Japan Exposure Japanese stocks aren’t as inexpensive as they were several years ago. However, a variety of Japan-specific factors, namely Prime Minister Sanae Takaichi, support the bull case for ETFs such as OPPJ. Her Liberal Democratic Party notched a resounding victory in snap elections last month. That underscores the point that voters there like her policies. Investors have good reason to feel the same way.
“Investors have been bullish on Japan since 2023, on the thesis that its long-sluggish economy was looking healthier, earnings growth was reasonable, valuations were cheap, and dividends and stock buybacks were on the rise,” observed Morningstar’s Leslie Norton.
Japan’s snap election is in the rearview mirror. In the U.S., advisors and investors are likely turning their attention to the November midterms. However, market participants shouldn’t gloss over the potential benefits of the Liberal Democratic Party having a super majority. That could have positive implications for funds such as OPPJ, because Takaichi could more easily advance her economic agenda.
Additionally, expected earnings growth this year and the return of top-line growth in 2027 could support OPPJ member firms.
“According to Yardeni Research, the forward profit margin for the MSCI Japan Index is about 9%, up from just over 1% 2009,” added Norton. “While revenue growth is expected to fall by 2.0% in 2026 after advancing 5.8% in 2025, it’s expected to climb 4.4% in 2027 and 3.9% in 2028. Meanwhile, Yardeni expects earnings to rise 11.2% in 2026 and 10.3% in 2027 from an estimated 7.9% in 2025.”
This article was prepared as part of WisdomTree’s general paid sponsorship of VettaFi | ETF Trends. This specific content within and any opinions expressed therein belong solely to VettaFi and do not reflect the opinion or analysis of WisdomTree, its employees, or its affiliates. Content published on VettaFi | ETF Trends is provided for educational purposes only and should not be considered investment or tax advice. For investment or tax advice, please consult a financial professional.
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2026-03-09 16:217h ago
2026-03-09 12:1511h ago
Alta Copper Corp. and Nascent Exploration Pty Ltd Announce Completion of Plan of Arrangement
VANCOUVER, BC / ACCESS Newswire / March 9, 2026 / Alta Copper Corp. (TSX:ATCU)(OTCQX:ATCUF)(BVL:ATCU) ("Alta Copper") and Nascent Exploration Pty Ltd are pleased to announce the successful completion of the previously announced plan of arrangement under Division 5 of Part 9 of the Business Corporations Act (British Columbia) (the "Arrangement").
Pursuant to the Arrangement, Nascent Exploration Pty Ltd ("Nascent"), a wholly-owned subsidiary of Fortescue Ltd ("Fortescue"), acquired all of the issued and outstanding common shares of Alta Copper (the "Alta Copper Shares") not already held by Nascent and in exchange holders of the Alta Copper Shares ("Alta Copper Shareholders") received C$1.40 in cash per Alta Copper Share , the holders (the "Optionholders") of options to purchase Alta Copper Shares (the "Alta Copper Options") received C$1.40 less the applicable exercise price, per underlying share, for Alta Copper Options held and holders of the deferred share units of Alta Copper (the "Alta Copper DSUs") and restricted share units of Alta Copper (the "Alta Copper RSUs") received C$1.40 per underlying share, for the Alta Copper DSUs and the Alta Copper RSUs, held immediately prior to the effective time of the Arrangement (the "Consideration"). The implied equity value of the Arrangement is approximately C$139 million.
As a result of the completion of the Arrangement, the Alta Copper Shares are expected to be delisted from the Toronto Stock Exchange on or about March 10, 2026 (the "Delisting"). The Alta Copper Shares will correspondingly be withdrawn from the Bolsa de Valores de Lima ("BVL") exchange and the OTC Markets Group ("OTCQX") trading platform. In connection with the Delisting, Alta Copper will also submit an application to the applicable securities regulators to cease to be a reporting issuer and to terminate its public reporting obligations in Canada. Further details regarding the Arrangement are set out in Alta Copper's management information circular dated December 19, 2025, (the "Circular") a copy of which is available under Alta Copper's issuer profile on SEDAR+ at www.sedarplus.ca.
Alta Copper Shareholders are reminded to review the Circular in respect of the procedure for receiving the Consideration for their Alta Copper Shares. Registered shareholders (Alta Copper Shares held in physical form or a direct registration system ("DRS") advice) must complete, sign and return the letter of transmittal, along with their share certificate(s) or DRS advice(s), to TSX Trust Company, the depositary for the Arrangement. Non-registered shareholders (Alta Copper Shares held with a broker, bank or other intermediary) should contact their intermediaries for instructions and assistance in receiving the Consideration for such Alta Copper Shares. The letter of transmittal is available at https://altacopper.com/investors/shareholders-meetings/ or under Alta Copper's profile on SEDAR+ (www.sedarplus.ca).
Early Warning Disclosure
Pursuant to the requirements of National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, Nascent will file an early warning report (the "Early Warning Report") in accordance with applicable securities laws. Further information and a copy of the Early Warning Report may also be obtained by contacting Nascent at the contact information below. The head office of Nascent is located at Ground Floor 256 St Georges Terrace, Perth, WA, Australia 6000.
Immediately prior to closing of the Arrangement, Nascent and its affiliates held 33,638,304 Alta Copper Shares, representing approximately 35.70% of the outstanding Alta Copper Shares immediately prior to closing of the Arrangement. Pursuant to the Arrangement, Nascent acquired an aggregate of 60,573,822 Alta Copper Shares, thereby increasing its holdings of Alta Copper Shares to 100%. Upon completion of the Arrangement, Alta Copper became a wholly-owned subsidiary of Nascent. In exchange for the Alta Copper Shares, Nascent paid C$1.40 to holders of the Alta Copper Shares per Alta Copper Share held, the Optionholders C$1.40 less the applicable exercise price, per underlying share, for the Alta Copper Options held and the holders of the Alta Copper DSUs and the Alta Copper RSUs C$1.40 per underlying share, for the Alta Copper DSUs and the Alta Copper RSUs held, for an aggregate consideration of C$89,079,378.18.
Nascent acquired the Alta Copper Shares pursuant to the Arrangement and intends for Alta Copper to cease to be a reporting issuer in all jurisdictions of Canada and remain a wholly-owned subsidiary of Nascent.
About Alta Copper
Alta Copper is focused on the development of its 100% owned Cañariaco advanced-staged copper project. Cañariaco comprises 91 square km of highly prospective land located 102 km northeast of the City of Chiclayo, Peru, which includes the Cañariaco Norte deposit, the Cañariaco Sur deposit and the Quebrada Verde prospect, all within a 4 km NE-SW trend in northern Peru's prolific mining district.
Information contact
Alta Copper
Giulio T. Bonifacio, President and Chief Executive Officer
Direct: +1 604 318 6760
Email: [email protected]
https://altacopper.com/
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
In this news release, forward-looking statements relate to, among other things, statements regarding: the completion of the Delisting and the timing thereof; the submission of the cease to be a reporting issuer application by Alta Copper; the filing of the Early Warning Report; and the intention for Alta Copper to remain a wholly-owned subsidiary of Nascent. These forward-looking statements are no guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements.
In respect of the forward-looking statements, Alta Copper, Fortescue and Nascent have relied on certain assumptions that they believe are reasonable at this time, including, but not limited to, assumptions concerning Alta Copper, Fortescue, Nascent and the Arrangement, including the anticipated benefits therefrom. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors.
Risks and uncertainties that may cause such differences include but are not limited to: the possibility that the Alta Copper Shares will not be delisted from the Toronto Stock Exchange, the OTCQX or the BVL exchange within the timing currently contemplated or at all; that Alta Copper's application for an order to cease to be a reporting issuer (or equivalent) in each of the provinces and territories of Canada may not be accepted or may be delayed; and such other risk factors identified under the "Risk Factors" section in the Circular, a copy of which is available under Alta Copper's issuer profile on SEDAR+ at www.sedarplus.ca. These factors are not intended to represent a complete list of the factors that could affect Alta Copper, Fortescue and Nascent. However, such risk factors should be considered carefully. There can be no assurances that such estimates and assumptions will prove to be correct. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Each of Alta Copper, Fortescue and Nascent are under no obligation (and expressly disclaims any such obligation) to update or alter any statements containing forward-looking information or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All of the forward-looking information in this release is qualified by the cautionary statements herein.
Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.
SOURCE: Alta Copper Corp.
2026-03-09 16:217h ago
2026-03-09 12:1511h ago
The Amphix™ AI Infrastructure Platform Launches Ahead of NVIDIA GTC 2026
Seattle, March 09, 2026 (GLOBE NEWSWIRE) -- Following the successful pilot of its first AI Center of Excellence in Ohio, RAVEL, Strata Expanse, and Available Infrastructure today announced the launch of The Amphix™ AI Infrastructure Platform (Amphix), a modular AI infrastructure solution debuting at 30 U.S. sites.
Amphix provides enterprises with a seamless path from physical site selection to fully operational AI production. By integrating site-ready land, resilient power, cybersecure edge networking, certified compute stacks, and intelligent orchestration software, the platform enables organizations to move from pilot to production with speed, certainty, and scalable flexibility.
RAVEL and Strata Expanse will showcase Amphix for the first time at NVIDIA GTC 2026.
Eliminating AI Infrastructure Fragmentation
Deploying AI at scale has historically required stitching together land acquisition, power procurement, cooling systems, networking, hardware validation, and software orchestration across multiple vendors and environments. Securing power-ready sites near major business hubs, along with low-latency, secure edge connectivity, has only added complexity.
Amphix removes those constraints by aligning physical infrastructure, energy, network, orchestration, and validated AI architectures under a unified, repeatable model.
Built on Strata Expanse’s land, power, and cooling infrastructure; connected nationally by Available Infrastructure’s SanQtum zero trust network; and managed by RAVEL’s intelligent orchestration layer, the platform provides:
Infrastructure-ready land, resilient power, and secure edge networking Certified compute, storage, cooling, and acceleration stacks Intelligent, policy-driven, power-aware orchestration AI Centers of Excellence (COEs) for workload validation Pre-validated blueprints for physical and compute infrastructure Flexible scaling without infrastructure with architectural freedom A consistent economic model from Proof-of-Concept (PoC) to AI factory “By integrating land, power, networking, and validated AI architectures, we’re enabling enterprises to build AI factories with confidence from day one,” said Ellen Taylor, Chief Revenue Officer at Strata Expanse.
“A securely connected network of national sites is essential for scalable AI operations” added Daniel Gregory, CEO of Available Infrastructure. “We’re proud to provide this key piece of the puzzle for Amphix.”
Prove Before You Scale
At the core of Amphix is a growing national network of AI Centers of Excellence. These facilities allow enterprises, data centers, and emerging cloud providers to validate AI workloads under real-world power, thermal, and performance conditions before committing capital at scale.
Using the same orchestration and governance framework deployed in production, organizations can reduce technical and financial risk while accelerating time to value.
“The future of AI infrastructure isn’t just about GPUs,” said Philippa Carroll, Chief Product Officer at RAVEL. “It’s about validated, scalable systems that connect physical capacity to production workloads seamlessly. Amphix delivers certainty across the entire journey.”
Certified Ecosystem & Validated Architectures
Core to Amphix is a growing ecosystem of certified technology and strategic partners. RAVEL and Strata Expanse are pleased to announce that DDN has joined Supermicro with their NVIDIA, AMD, and Intel-powered systems as a certified technology partner within the Amphix ecosystem. In addition, SourceCode, a global provider of co-designed, custom, certified IT systems for next-generation intelligent infrastructure, joins as a strategic implementation partner, supporting deployment and expansion initiatives nationwide.
A new validated solution based on the DDN Enterprise AI HyperPOD™ architecture, built on Supermicro, accelerated by NVIDIA AI computing and software platforms, and optimized by RAVEL’s Orchestrate AI, will also be available for PoC deployments with validated workloads, such as financial services, life sciences, video surveillance, and retrieval-augmented generation (RAG) beginning April 1, 2026.
Experience Amphix at NVIDIA GTC 2026
RAVEL and Strata Expanse will formally introduce Amphix and the DDN Enterprise AI HyperPOD, orchestrated by RAVEL at NVIDIA GTC 2026. Meetings can be scheduled in advance here.
About RAVEL
RAVEL is redefining intelligent orchestration for AI operations. Through its Orchestrate AI platform, RAVEL empowers teams to scale innovation, reduce infrastructure friction, and unlock the full potential of AI - from research to production. Learn more at ravelinc.com
About Strata Expanse
Strata Expanse develops land and delivers the power, cooling, and secure connectivity that enable data center operators to deploy high-performance compute within infrastructure-ready environments at speed and scale. Infrastructure is delivered through the company’s Gray Space as a Service™ subscription model. Structured as a Real Estate Investment Trust (REIT), Strata Expanse focuses on energy-first site selection and integrated infrastructure development. Learn more at StrataExpanse.com
About Available Infrastructure
Available Infrastructure offers cybersecure zero trust networking, HPC neocloud infrastructure, and enterprise-grade AI — all private, sovereign, and at the edge. This unique combination supports critical infrastructure, sensitive data, and AI models for agencies, enterprises, institutions, and cloud providers. Available Infrastructure is an IBM Platinum Partner. Learn more at www.availableinfrastructure.com
Seneca Foods Corporation remains a soft "Buy" after a 46.7% rally since June 2023, outperforming the S&P 500. SENEA's Q3 FY2026 saw revenue rise to $508.3 million and adjusted net profit surge from $22.9 million to $42.8 million, driven by margin expansion. Valuation remains attractive both on an absolute and relative basis, with only one peer trading cheaper on forward multiples.
2026-03-09 16:217h ago
2026-03-09 12:1611h ago
Sea Limited Q4 Earnings: Trading Short-Term Pain For Long-Term Gain
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 SE 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.
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.
Impala Platinum Holdings Limited (IMPUY) Q2 2026 Earnings Call March 4, 2026 7:00 PM EST
Company Participants
Nicolaas Muller - CEO & Executive Director
Patrick Morutlwa - Group Chief Operating Officer
Meroonisha Kerber - CFO, Debt Officer & Executive Director
Sifiso Sibiya - Group Executive of Refining & Marketing
Presentation
Nicolaas Muller
CEO & Executive Director
Welcome to the webcast presentation of our results for the Half Year Ended 31 December 2025. I am Nico Muller, the CEO of Impala's. This presentation provides a high-level overview of our group's performance over the first half of the financial year. Before we begin, I draw your attention to our normal disclosure statement pertaining to any forward-looking statements that may be made today.
I will start today's presentation with an overview of the group's performance and the key features. This will lead into an account of the group's operational performance presented by Patrick Morutlwa, our Chief Operating Officer; followed by the financial results presented by Meroonisha Kerber, our Chief Financial Officer; and then Sifiso Sibiya, our Group Executive for Refining and Marketing, will provide an overview of the PGM markets before I finish off with our key focus areas and the outlook for the remainder of financial year 2026.
We continue to strengthen our commitment to a safety-first culture at all our operations, and we remain deeply committed to the well-being of our employees. The group's strategic safety program continued to advance during this period with a steady progress recorded across all operations. Compliance with critical safety behaviors continues to vary, underscoring the need to further embed consistent, safe operating practices.
We are pleased to report that no fatal incidents were reported at group mining and processing operations in the 6-month period. Regrettably, however, an employee at Impala Rustenburg was fatally injured in a motor vehicle accident in December
2026-03-09 15:218h ago
2026-03-09 11:0613h ago
Tenable Named a Challenger in the 2026 Gartner® Magic Quadrant™ for CPS Protection Platforms
COLUMBIA, Md., March 09, 2026 (GLOBE NEWSWIRE) -- Tenable® Holdings, Inc. (NASDAQ: TENB), the exposure management company, today announced that it has been named a Challenger in the 2026 Gartner® Magic Quadrant™ for CPS Protection Platforms.
According to Gartner, “Cyber-physical systems protection platforms that discover assets and how they connect in product or mission-critical environments (such as OT, ICS, IoT and robotics) have become key CPS tools.” Modern cyber-physical systems (CPS) are deeply interconnected, enabling threats to quickly spread across domains if not properly locked down. Visibility and context-enriched exposure data are mission-critical to preemptive cybersecurity.
The AI-powered Tenable One Exposure Management Platform (Tenable One) delivers a proactive, unified view of risk across IT, cloud, identity and cyber-physical systems. Tenable protects core operations, uncovers blind spots that put organizations at risk, prioritizes action based on business impact and helps security teams stop threats faster. By connecting the dots across domains, Tenable One OT Security offers the most complete view of risk necessary to secure the critical infrastructure underpinning building management systems, manufacturing plants, energy grids, water systems and beyond.
“Tenable has a strong history in delivering proactive security protection for OT environments. A cyber-physical threat is rarely an isolated event—it is an exposure problem that spans the entire attack surface,” said Mark Thurmond, Co-Chief Executive Officer, Tenable. “By integrating OT data into our exposure management platform, we’re eliminating the silos that leave organizations exposed and equipping customers with the comprehensive exposure data and context needed to secure priority risk.”
Gartner also recently named Tenable a Leader in the first-ever 2025 Gartner® Magic Quadrant™ for Exposure Assessment Platforms1 and recognized Tenable as the current Company to Beat for AI-Powered Exposure Assessment in the Gartner® report for AI Vendor Race.2
For more context on Tenable’s position as a Challenger in this market, please see today’s blog post.
To read the 2026 Gartner® Magic Quadrant™ for CPS Protection Platforms, visit: https://www.tenable.com/analyst-research/tenable-named-challenger-2026-gartner-magic-quadrant-cps
1 Gartner Research, “2025 Gartner® Magic Quadrant™ for Exposure Assessment Platforms,” By Mitchell Schneider, Dhivya Poole, Jonathan Nunez, November 2025.
2 Gartner Research, “AI Vendor Race: Tenable Is the Company to Beat for AI-Powered Exposure Assessment,” December 8, 2025 by Elizabeth Kim, Isy Bangurah, Mitchell Schneider
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
Gartner Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner, “Magic Quadrant for CPS Protection Platforms,” Katell Thielemann, Ruggero Contu, Wam Voster, Sumit Rajput, March 3, 2026
About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for over 40,000 customers around the globe. Learn more at tenable.com.
Philadelphia, Pennsylvania--(Newsfile Corp. - March 9, 2026) - National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) ("Ultragenyx" or the "Company") on behalf of investors who purchased Ultragenyx common stock during the period from August 3, 2023 through December 26, 2025 (the "Class Period").
Investor Deadline: Investors who purchased Ultragenyx common stock during the Class Period may, no later than April 6, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.
Ultragenyx is a biopharmaceutical company that acquires and develops novel products for treatment of rare genetic diseases. It is headquartered in Novato, Calif.
According to the lawsuit, throughout the Class Period, defendants issued overwhelmingly positive statements to investors concerning the ORBIT and COSMIC Phase 3 programs, clinical trials to test setrusumab as a treatment for Osteogenesis Imperfecta.
When, on December 29, 2025, Ultragenyx disclosed that neither study achieved its primary endpoint of reducing the annualized clinical fracture rate, the price of its shares dropped more than 42%, from a closing price of $34.19 per share on December 26, 2025 to a close of $19.72 per share on December 29, 2025.
If you are a Ultragenyx investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267)764-4865.
About Berger Montague
Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
For more information or to discuss your rights, please contact:
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286672
Source: Berger Montague
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2026-03-09 15:218h ago
2026-03-09 11:0713h ago
PrimeC Long-Term Survival Data to Be Presented at a Leading ALS Scientific Conference
, /PRNewswire/ -- NeuroSense Therapeutics Ltd. (NASDAQ: NRSN) ("NeuroSense"), a late-stage clinical biotechnology company focused on developing disease-modifying treatments for neurodegenerative diseases, today announced that the recently reported long-term survival data from its Phase 2b PARADIGM trial of PrimeC in amyotrophic lateral sclerosis (ALS) will be presented at a leading scientific conference on March 9, 2026.
The survival analysis using a Cox proportional hazards model demonstrated benefit for PrimeC with a statistically significant 65% reduction in risk of death (hazard ratio: 0.35; p=0.0037) after adjusting for baseline risk factors and a greater than 14-month median survival benefit, calculated from the date of randomization (36.3 months vs. 21.4 months; log-rank p=0.0218) according to Kaplan–Meier survival estimates. The data will be presented at The Muscular Dystrophy Association (MDA) Clinical & Scientific Conference (March 9, 2026) during the 'Advancing ALS Therapeutics: Targets, Tools, and Trial Readiness' session.
The data will be presented by Dr. Jinsy Andrews, a recognized leader in ALS clinical research and a member of NeuroSense Scientific Advisory Board (SAB).
"These long-term survival findings from the Phase 2b randomized ALS study, PARADIGM, represent compelling evidence of a survival benefits," said Dr. Jinsy Andrews. "The favorable safety profile, the long-term survival data, together with recent findings showing that PrimeC regulates iron metabolism and miRNA in ALS, supporting target engagement, strongly reinforce the continued development of PrimeC in ALS. I look forward to sharing these data with the broader scientific community."
The PARADIGM Phase 2b trial was a randomized, double-blind, placebo-controlled study evaluating PrimeC in 68 people living with ALS. Participants were randomized 2:1 to receive PrimeC or placebo during the six-month double-blind period, followed by an open-label extension phase. Baseline characteristics were well-balanced between the two groups. Previously reported results demonstrated statistically significant slowing of disease progression, along with favorable safety and tolerability over 18 months of treatment.
The newly analyzed long-term survival data further strengthen the overall clinical dataset supporting PrimeC and provide additional context as NeuroSense advances regulatory engagement and preparations for the Phase 3 study.
NeuroSense continues active engagement with regulatory authorities to advance PrimeC toward potential marketing authorization.
About NeuroSense
NeuroSense Therapeutics, Ltd. is a clinical-stage biotechnology company focused on discovering and developing treatments for patients suffering from debilitating neurodegenerative diseases. NeuroSense believes that these diseases, which include amyotrophic lateral sclerosis (ALS), Alzheimer's disease and Parkinson's disease, among others, represent one of the most significant unmet medical needs of our time, with limited effective therapeutic options available for patients to date. Due to the complexity of neurodegenerative diseases and based on strong scientific research on a large panel of related biomarkers, NeuroSense's strategy is to develop combined therapies targeting multiple pathways associated with these diseases.
For additional information, we invite you to visit our website and follow us on LinkedIn, YouTube and X. Information that may be important to investors may be routinely posted on our website and these social media channels.
About PrimeC
PrimeC, NeuroSense's lead drug candidate, is a novel extended-release oral formulation composed of a unique fixed-dose combination of two FDA-approved drugs: ciprofloxacin and celecoxib. PrimeC is designed to synergistically target several key mechanisms of ALS and AD, that contribute to neuron degeneration, inflammation, iron accumulation and impaired ribonucleic acid ("RNA") regulation to potentially inhibit the progression of ALS and AD.
About ALS
Amyotrophic lateral sclerosis ("ALS") is an incurable neurodegenerative disease that causes complete paralysis and death within 2-5 years from diagnosis. Every year, more than 5,000 people are diagnosed with ALS in the U.S. alone, with an annual disease burden of $1 billion. The number of people living with ALS is expected to grow by 24% by 2040 in the U.S. and EU.
Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on NeuroSense Therapeutics' current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and include statements regarding the timing of regulatory filings, meetings and regulatory decisions. Further, certain forward-looking statements, including statements regarding future development of PrimeC, are based on assumptions as to future events that may not prove to be accurate. The future events and trends may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward looking statements. These risks include the uncertainty regarding outcomes and the timing of current and future clinical trials; the risk the PrimeC will not advance towards later-stage development, timing for reporting data, including from the study of PrimeC in Alzheimer's disease; that the study will not be successful; the ability of NeuroSense to remain listed on Nasdaq; and other risks and uncertainties set forth in NeuroSense's filings with the Securities and Exchange Commission (SEC). You should not rely on these statements as representing our views in the future. More information about the risks and uncertainties affecting NeuroSense is contained under the heading "Risk Factors" in the Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 7, 2025 and NeuroSense's subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of this date, and NeuroSense undertakes no duty to update such information except as required under applicable law.
SAN FRANCISCO, March 09, 2026 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against Navan, Inc. (NASDAQ: NAVN), its IPO underwriters, and certain executives after the company’s December 15, 2025 announcement of Q3 2026 quarterly financial results for the quarter ended October 31, 2025. Among other matters, investors learned that Navan incurred a huge sequential increase in sales and marketing expenses.
Of concern was that the quarter end coincided with Navan’s IPO closing, whereby the company and certain selling stockholders sold about 36.9 million shares at $25 per share to the investing public.
Navan also announced the surprise departure of its CFO (Amy Butte) effective January 9, 2026.
The markets swiftly reacted, sending the price of Navan shares down nearly 12% to close at $12.90, or about 48% below the IPO price, on December 16. By the time the complaint was filed on February 23, 2026, the price of Navan shares closed at $9.16, or 63% below the IPO price.
The developments and severe market reactions have prompted national shareholder rights law firm Hagens Berman to investigate the legal claims that Navan and the other defendants violated the federal securities laws. The firm urges Navan investors who suffered significant losses to contact the firm now to discuss their rights.
Navan, Inc. (NAVN) Securities Class Action:
The litigation challenges Navan’s alleged omissions from its IPO offering documents, including adverse, then-existing trends in sales and marketing expenses.
The complaint alleges that Navan’s IPO offering documents offered a picture of potential growth by emphasizing that its business “experienced rapid growth,” and its solutions catered to “customers of all sizes across any industry vertical.” The IPO documents stated Navan’s revenue “grew 33% year-over-year” from 2024 to 2025, its gross booking volume (“GBV”) “grew 32% year-over-year” during the same timeframe, and its “usage yield” was “approximately 7%” in each of those years as well.
But, when on December 15, 2025, Navan unexpectedly reported a 39% sequential spike in its sales and marketing expenses during the IPO-coincident quarter ended October 31, 2025, slowing year-over-year revenue growth, and a fourfold year-over-year increase in its GAAP net loss, questions arose about the sufficiency of Navan’s disclosures, including those related to its Q3 expense trends, while conducting its IPO.
The complaint alleges that Navan’s and the other defendants’ statements and omissions during the IPO misled investors because crucial information – including the spike in sales and marketing expenses – was not included in the company’s offering documents.
“We’re investigating whether, at the time of its IPO, Navan was legally transparent about apparently known, materially adverse trends in its business. We’re also investigating the circumstances surrounding the CFO’s abrupt departure,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
If you invested in Navan and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
If you’d like more information and answers to additional frequently asked questions about the case and the firm’s Navan investigation, read more »
Whistleblowers: Persons with non-public information regarding Navan should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Contact:
Reed Kathrein, 844-916-0895
2026-03-09 15:218h ago
2026-03-09 11:0713h ago
How much oil do G7 countries hold in emergency reserves?
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier Purchase Licensing Rights, opens new tab
PARIS, March 9 (Reuters) - The Group of Seven countries are considering releasing emergency oil stocks to address the Middle Eastern supply crisis, the International Energy Agency said on Monday, as oil prices surged to as high as almost $120 per barrel.
IEA member countries that are net oil importers are required to keep at least 90 days' worth of oil imports in stock.
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Here is how much each G7 country has in stock, though the amount that can be released per day is constrained by local infrastructure.
The United States: 415.4 million barrels of crude oil in the Strategic Petroleum Reserve, as of February 27, according to the U.S. Energy Information Administration. Additionally, the U.S. has 439.3 million barrels of commercial reserves in private hands.
Japan: 260 million barrels of crude oil in government-held stocks, out of about 470 million barrels of oil-equivalent in the country as of end-December. The government-held stockpile is equivalent to 146 days of imports, according to Japan's Ministry for Natural Resources and Energy. An additional 180 million barrels of oil-equivalent fuels are held in private stockpiles (of which 90 million barrels are crude oil).
Germany: 110 million barrels of crude oil and 67 million barrels' worth of finished petroleum products are held by the government and can be released in a matter of days, according to Germany's economy ministry.
France: About 120 million barrels' worth of crude and finished products at the end of 2024, the most recent data publicly available. About 97 million barrels of that is held by SAGESS, a government-mandated entity, with a breakdown of about 30% crude oil, 50% gasoil, 9% gasoline, 7.8% jet fuel, and some heating oil. Another 39 million barrels are held by the country's oil operators.
Italy: Required by law to have about 76 million barrels on hand, representing 90 days of Italy's average net oil imports in 2024. Italy's economy ministry did not respond to a request for comment on the actual figure.
UK: About 38 million barrels of crude oil and 30 million barrels of refined products, as of February 26, according to the Department of Energy Security and Net Zero. The government meets its obligation by requiring industry to hold minimum levels of stock. As of July 2025, about 15% of stocks were either held on British soil for foreign countries' stock requirements, or held overseas via the IEA ticket system as options to purchase foreign oil in a crisis.
Canada does not have a strategic petroleum stockpile, and is not required to by the IEA as a net oil exporter. The world's fourth-largest crude producer, Canada pumped more than 5 million barrels per day in December. Most of its exports go to the U.S.
Reporting by America Hernandez in Paris, Shadia Nasralla in London, Giuseppe Fonte in Milan, Christoph Steitz in Frankfurt. Editing by Mark Potter
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-09 15:218h ago
2026-03-09 11:0912h ago
Grupo Aeroportuario del Pacifico: The Valuation Looks Good, The Risks Don't
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.
2026-03-09 15:218h ago
2026-03-09 11:1012h ago
Priority Income Fund Announces Preferred Stock Distributions for March 2026
March 09, 2026 11:10 ET | Source: Priority Income Fund, Inc.
NEW YORK, March 09, 2026 (GLOBE NEWSWIRE) -- Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) announced today that the Fund’s Board of Directors has declared distributions on shares of the Fund’s 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 6.000% Series J Term Preferred Stock due 2028 (“Series J”), 7.000% Series K Cumulative Preferred Stock (“Series K”), and 6.375% Series L Term Preferred Stock due 2029 (“Series L”).
Ex-Dividend DateRecord DatePayable DateDistribution per ShareSeries DMarch 23, 2026March 23, 2026March 31, 2026$0.43750Series JMarch 23, 2026March 23, 2026March 31, 2026$0.37500Series KMarch 23, 2026March 23, 2026March 31, 2026$0.43750Series LMarch 23, 2026March 23, 2026March 31, 2026$0.39844 Distributions shall first be treated as a distribution of taxable investment company income undistributed from the prior year, and then treated as a distribution of taxable investment company income for the current year. This treatment will not affect tax reporting to shareholders.
About Priority Income Fund
Priority Income Fund, Inc. is a registered closed-end fund that was created to acquire and grow an investment portfolio primarily consisting of senior secured loans or pools of senior secured loans known as collateralized loan obligations ("CLOs"). Such loans will generally have a floating interest rate and include a first lien on the assets of the respective borrowers, which typically are private and public companies based in the United States. The Fund is managed by Priority Senior Secured Income Management, LLC, which is led by a team of investment professionals from the investment and operations team of Prospect Capital Management L.P. For more information, visit https://www.priorityincomefund.com.
About Prospect Capital Management L.P.
Prospect Capital Management L.P. (“Prospect”), headquartered in New York City, is an SEC-registered investment adviser that, along with its predecessors and affiliates, has more than 30-years of investing in and managing high-yielding debt and equity investments using both private partnerships and publicly traded closed-end structures. Prospect and its affiliates employ a team of over 100 professionals who focus on credit-oriented investments yielding attractive current income. Prospect, together with its affiliates, has $7.2 billion of assets under management as of December 31, 2025. Prospect is the investment adviser to Prospect Capital Corporation (NASDAQ: PSEC). For more information, call (212) 448-0702 or visit https://www.prospectcap.com.
About Preferred Capital Securities, LLC
Preferred Capital Securities, LLC (“PCS”) serves as the dealer-manager for Priority Income Fund, Inc. and has been a member of FINRA/SIPC since 2015. Formed in 2013, PCS is a boutique managing broker-dealer that distributes alternative investments, including real estate and credit investment products in private and public structures through broker dealers and registered investment advisors. PCS has raised over $4.9 billion of capital as a wholesale distributor for various alternative investment strategies. For more information, call 855-320-1414 or visit http://www.pcsalts.com.
Additional Information
Past performance is not indicative of future performance. Our distributions may exceed our earnings, and therefore, portions of the distributions that we make may be a return of the money that you originally invested and represent a return of capital to you for tax purposes. Such a return of capital is not immediately taxable, but reduces your tax basis in our shares, which may result in higher taxes for you even if your shares are sold at a price below your original investment.
Investors should consider the investment objective and policies, risk considerations, charges and ongoing expenses of an investment carefully before investing. The prospectus and summary prospectus contains this and other information relevant to an investment in the fund. Please read the prospectus or summary prospectus carefully before you invest or send money. To obtain a prospectus, please contact your investment representative or Investor Services at 866.655.3650.
Forward-Looking Statements
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the future performance of Priority Income Fund, Inc. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. Any such statements, other than statements of historical fact, are highly likely to be affected by unknowable future events and conditions, including elements of the future that are or are not under the control of Priority Income Fund, Inc. and that Priority Income Fund, Inc. may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from any forward-looking statements. Such statements speak only as of the time when made, and Priority Income Fund, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
2026-03-09 15:218h ago
2026-03-09 11:1012h ago
Trade Desk's CTV Platform Targets Premium Streaming Ad Budgets
Key Takeaways Trade Desk says video, including CTV, made up about half of its business in Q4 as streaming ad demand grows.TTD platform evaluates roughly 20 million ad opportunities per second to select impressions.Trade Desk launched the Ventura Ecosystem in February to improve transparency and efficiency in streaming ads. The Trade Desk, Inc.’s (TTD - Free Report) connected TV (CTV) platform is increasingly positioned to capture premium streaming advertising budgets as advertisers shift toward programmatic, decision-based buying models. The company emphasized that CTV remains one of its fastest-growing channels, with video, which includes CTV, accounting for about half of its business in the fourth quarter of 2025. The growth reflects a broader industry transition as major content owners expand programmatic access to their premium streaming inventory.
The evolution of CTV advertising is being driven by a structural shift away from traditional buying approaches such as insertion orders and fixed programmatic guarantees. Instead, advertisers are increasingly favoring biddable transactions that allow them to apply data-driven decision-making in real time. This shift enables brands to evaluate large volumes of potential ad opportunities and select the impressions most likely to drive campaign outcomes.
Management highlighted that the open Internet now offers more advertising supply than ever before, creating a buyer’s market for advertisers. In such an environment, platforms capable of objective decision-making across large volumes of impressions become increasingly valuable. The company highlighted that its platform evaluates roughly 20 million ad opportunities every second, using extensive data inputs to determine which impressions should be purchased for advertisers.
A key differentiator for the platform is that Trade Desk does not own media inventory. This structure allows the system to prioritize objective decision-making rather than steering advertisers toward owned inventory. By evaluating impressions across a wide range of publishers and streaming environments, the platform aims to identify the most relevant and effective opportunities for campaign performance.
The company also stated that many sophisticated advertisers are seeking ways to maintain the advantages of negotiated deals while preserving decisioning flexibility. Instead of committing to fixed placements, advertisers increasingly prefer frameworks that allow them to bid across available inventory while still benefiting from negotiated pricing or scale-based advantages. As a result, the market is moving toward more biddable CTV transactions that retain programmatic optimization.
In February 2026, Trade Desk expanded its push to reshape CTV advertising with the launch of the Ventura Ecosystem, an industry-wide collaboration built to foster greater transparency, fairness and revenue efficiency in streaming.
For the first quarter of 2026, the company expects revenue of at least $678 million, indicating year-over-year growth of about 10%. It also anticipates adjusted EBITDA of approximately $195 million for the quarter.
Taking a Look at CTV Efforts of PUBM & MGNIPubMatic, Inc.’s (PUBM - Free Report) CTV remains one of its most important growth channels. The company recently added a new marquee global streamer to its platform and has partnered with 28 of the top 30 global streaming services, including Roku, Samsung TV Plus, DirecTV, Fox Sports, Tubi and Vizio. Management stated that this leadership in the CTV ecosystem continues to attract leading global brands to its platform. Sony Network Communications recently selected PubMatic to reach both linear and CTV audiences programmatically through the company’s platform. The campaign demonstrates how PubMatic enables brands to connect with incremental customers while supporting stronger monetization opportunities for CTV publishers through programmatic execution across both linear and connected TV formats.
Magnite, Inc. (MGNI - Free Report) is seeing a significant inflection in the growth of the programmatic CTV market, reflected in 32% top-line growth excluding political spending in the fourth quarter, along with continued strength entering the first quarter. Management highlighted that advertising spend is increasingly shifting into CTV from multiple areas of digital advertising, including DV+. Management noted that in the first quarter, CTV already accounts for close to 50% of the company’s business. The company stated that Magnite’s technology, partnerships, trust and team position it to emerge as a key player in the CTV market. It also highlighted that the company’s CTV momentum is broad-based across both media owners and CTV ad buyers.
TTD Price Performance, Valuation and Estimates
Shares of TTD have gained 4.1% in the past month against Internet – Services industry’s decline of 6%.
Image Source: Zacks Investment Research
In terms of forward price/earnings, TTD’s shares are trading at 22.13X, lower than the Internet Services industry’s 24.88X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for TTD’s earnings for 2026 has been revised downward over the past 30 days.
Image Source: Zacks Investment Research
TTD currently carries a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2026-03-09 15:218h ago
2026-03-09 11:1012h ago
Retirees Are Eyeing EMLC's 5.75% Yield While Wall St Bets Against It
Retirees chasing income have started paying attention to a corner of the bond market most U.S. investors overlook: government bonds issued in the local currencies of emerging market countries. VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) has drawn interest with a 5.75% dividend yield at a time when the 10-year Treasury sits at 4.13%. That yield gap is real, but understanding what drives it matters before treating this as a safe income source.
Where the Income Actually Comes From EMLC holds government bonds issued by emerging market countries in their own currencies, such as Brazilian reals, Indonesian rupiah, and Mexican pesos. Each month, EMLC passes interest income to shareholders as a distribution. Recent monthly payments have ranged from $0.1149 to $0.1390 per share, and the fund has made 161 consecutive monthly payments since its July 2010 inception with no gaps or suspensions.
The consistency looks reassuring on the surface. But the distribution amount fluctuates because it reflects both the interest earned and the value of those foreign currency payments when converted back to U.S. dollars. That second part is the crux of the risk.
The Currency Factor Cannot Be Ignored EMLC is fundamentally a bet on emerging market currencies holding their value against the U.S. dollar. When the dollar strengthens, the value of those local currency interest payments shrinks in dollar terms, and so does the effective yield. One analyst describes EMLC as “more of a bet against the U.S. dollar” than a traditional bond fund. An analysis published January 28, 2026 cited persistent capital decay and a 48% price decline since inception.
Total Return Tells the Real Story Over the past year, EMLC has delivered a 13.2% total return, which is strong for a bond fund. Zoom out and the picture sobers: the 10-year price return is just 28.22%, meaning the share price itself has contributed very little after a decade. Most of the return came from distributions, and some of that income was offset by currency-driven principal erosion.
Short interest in EMLC surged to 5.8% of shares sold short of shares in January 2026, a sign that institutional traders are actively positioning against the fund. That skepticism aligns with a broader risk-off mood — the VIX has climbed to 23.75 — which historically drives capital into dollar-denominated safety and away from emerging market assets. For retirees depending on stable monthly income, this environment is precisely when currency erosion tends to accelerate.
Key Risks for Income-Focused Investors The monthly income from EMLC is backed by real interest payments from government bonds, but the dollar value of those payments fluctuates. Over long periods, currency erosion has been a persistent factor in total return outcomes, particularly for investors with dollar-denominated spending needs.
2026-03-09 15:218h ago
2026-03-09 11:1112h ago
Apollo Global Management (APO) Faces Securities Class Action Amid Questions Related to Business with Epstein – Hagens Berman
SAN FRANCISCO, March 09, 2026 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against Apollo Global Management (NYSE: APO) and certain current and former executives after blockbuster reporting by The Financial Times and CNN on previously undisclosed information about Apollo’s business relationship with disgraced financier and sex offender Jeffrey Epstein. The lawsuit seeks to represent investors who purchased or otherwise acquired Apollo securities between May 10, 2021 and February 21, 2026.
Each of FT’s and CNN’s reports drove the price of Apollo shares significantly lower, prompting national shareholder rights law firm Hagens Berman to continue its investigation into claims that Apollo violated the federal securities. The firm urges Apollo investors who suffered significant losses to contact the firm now to discuss their rights.
Apollo Global Management (APO) Securities Class Action:
The litigation is focused on the propriety of Apollo’s assurances that it had never done business with Epstein.
In contrast to Apollo’s assurances, the lawsuit alleges, among other things, that Apollo’s CEO Marc Rowan consulted Epstein on Apollo’s tax affairs.
This information came to light beginning on February 1, 2026, when the FT reported that “[t]op Apollo Global Management executives including chief Marc Rowan held wide-ranging discussions over the firm’s tax arrangements with Jeffrey Epstein throughout the 2010s, despite the private capital firm having previously said it ‘never did any business’ with the child sex offender.” The report was based on a review of millions of emails recently released by the U.S. Department of Justice.
Scrutiny heightened on February 17, 2026, when the FT reported that two teachers’ unions whose members have over $27.5 billion in capital commitments to Apollo funds requested an SEC investigation into Apollo’s “‘lack of candour’ over its ties to Epstein.” According to the article, the unions said in their letter to the SEC “‘[w]e are troubled by Apollo’s seeming inability to be forthcoming about the extent to which Epstein was a personal, social and professional associate of the firm and its partners.’”
The next day, Apollo’s President James C. Zelter sent a letter to clients and partners claiming there was nothing new in the Epstein documents and “[n]either Marc Rowan nor anyone else at Apollo (excluding Leon Black) had either a business or personal relationship with Jeffrey Epstein.”
Finally, on February 21, 2026, CNN published “How Wall Street’s Apollo got tangled up again in the Epstein files.” In addition to the above matters, CNN reported that “Eleanor Bloxham, founder and CEO of The Value Alliance Company, which advises boards and executives, told CNN that she believes the unions have a ‘strong case’ pushing for an SEC investigation[]” and “described Apollo’s response this week as ‘very weak’ and questioned why Rowan’s meetings and correspondence with Epstein was not previously disclosed.”
As these events have unfolded, by February 23, 2026, investors saw the price of Apollo shares fall over 15%, wiping out over $12 billion of market capitalization in just over three weeks.
“We’re investigating whether, having assured investors that it and no one else at Apollo except Black had ever done business with Epstein, Apollo misrepresented the reputational risk that it has apparently been facing for years,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
If you invested in Apollo and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
If you’d like more information and answers to additional frequently asked questions about the case and the firm’s Apollo investigation, read more »
Whistleblowers: Persons with non-public information regarding Apollo should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Contact:
Reed Kathrein, 844-916-0895
2026-03-09 15:218h ago
2026-03-09 11:1112h ago
Gold Price Analysis – Gold Recovers from Initial Selling
With that being the case, I think you have a situation where short-term pullbacks continue to be buying opportunities and I do think that the longer-term uptrend is probably still intact, but that doesn’t necessarily lend itself to an easy move.
Technical Support and Targeted Levels You can see that the market is trying to reach the 5,500 level, but that may take some time. If we were to break down below the 5,000 level, then the 50-day EMA gets targeted. Anything below there opens up the possibility of a move down to the 4,600 level, which I think is significant support, and if we were to break that, it could change a lot of things.
As things stand right now, though, it looks like we’re just simply trying to figure out the next move, and therefore short-term back and forth trading is probably what you are going to get here more than anything else.
The gold market has a bit of a bid due to fear but at the same time is a little bit pressured due to the fact that the US dollar is catching a bid simultaneously, so I think you will get more sideways action at this point than anything else.
If you’d like to know more about how to trade gold and silver, please visit our educational area.
2026-03-09 15:218h ago
2026-03-09 11:1112h ago
Retirees Still Choose This 500 Stock ETF Despite A Seemingly Paltry 1.21% Yield
Retirees hunting for reliable income in 2026 keep landing on WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS), a fund that does something different from most S&P 500 trackers. Rather than weighting companies by market capitalization, it weights them by earnings. Bigger earners get bigger allocations, tilting the portfolio toward profit-generating businesses rather than simply the most valuable ones.
How EPS Generates Its Income The fund passes through dividends from its large-cap U.S. equity holdings. Owning over 500 companies across every major sector means no single dividend cut can meaningfully derail the income stream. The 1.21% dividend yield is modest, reflecting the fund’s composition: its largest holdings are high-earning tech and growth companies that tend to retain earnings rather than distribute them.
The quarterly distribution history shows a consistent, if unspectacular, income track record. 2025 dividends ranged from $0.195 in Q1 to $0.245 in Q4, and the fund has maintained a quarterly payment schedule since its inception in February 2007, covering multiple recessions and market dislocations without skipping a payment.
Is the Income Stream Actually Safe? The earnings-weighted methodology provides structural income durability. Companies that earn more get more weight, naturally filtering toward businesses generating real cash. The 16% annual portfolio turnover keeps transaction costs low and tax drag minimal, both of which matter to retirees drawing income from a taxable account.
The macro backdrop is supportive. Total U.S. corporate profits reached $4,105.2 billion in Q3 2025, up 9.3% year-over-year, with financial sector profits growing sharply. Since EPS weights toward earnings, rising corporate profits directly strengthen the fund’s income foundation.
The honest caveat is the yield-versus-alternatives comparison. The 10-year Treasury currently yields 4.13%, well above EPS’s 1.21% dividend yield. That gap is real, and retirees who need current income above all else will feel it. What EPS offers in return is equity participation — the chance for both the income and the underlying portfolio to grow over time.
Total Return Puts the Yield in Context The total return data over longer horizons reflects both price appreciation and dividend income combined. EPS gained 16.88% over the past year and 81.83% over five years, demonstrating that the dividend alone understates the fund’s actual return. Year-to-date in 2026 the fund is slightly negative, down 1.31%, reflecting broader equity market softness.
Eighteen years of uninterrupted quarterly payments, broad diversification across 500+ companies, and an improving profit environment all support income continuity. Where EPS falls short for pure income investors is yield level, not yield safety. Retirees needing 3% or 4% in annual income will find this fund insufficient on its own. The fund’s structure is designed to serve as a broad equity holding, though its yield level remains below what dedicated income instruments offer.
2026-03-09 15:218h ago
2026-03-09 11:1112h ago
Broad agreement in G7 not to release oil reserves just yet, says G7 official
A board shows oil prices as cars wait in a line at a gas station in Seoul, South Korea, March 9, 2026. REUTERS/Kim Hong-Ji Purchase Licensing Rights, opens new tab
BRUSSELS, March 9 (Reuters) - There was broad agreement among the Group of Seven finance ministers on Monday not to release strategic oil reserves just yet, a G7 official said.
G7 finance ministers held a teleconference earlier on Monday to discuss a response to the overnight surge in oil prices caused by the U.S.-Israeli war on Iran.
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They said in a statement they were ready to take "necessary measures" to support the global supply of energy, including the release of stockpiles, but stopped short of doing it now.
"There was broad consensus on this," one G7 official with insight into the G7 finance ministers' discussions told Reuters. "It was not that someone was against, it's just about timing. More analysis is needed," the official said.
G7 energy ministers are to hold a teleconference on the same issue on Tuesday and G7 leaders later this week, the official said.
"In my opinion the final decision will be by the leaders," the official said.
The G7 comprises the United States, Canada, Japan, Italy, Britain, Germany and France.
Reporting by Jan Strupczewski; editing by Philip Blenkinsop
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-09 15:218h ago
2026-03-09 11:1212h ago
CRWV 4-DAY DEADLINE ALERT: Hagens Berman Analyzes CoreWeave (CRWV) $452M Q4 Loss and Soft Guidance Amid Ongoing Securities Fraud Litigation
SAN FRANCISCO, March 09, 2026 (GLOBE NEWSWIRE) -- National shareholder rights law firm Hagens Berman provides an update to investors in CoreWeave, Inc. (NASDAQ: CRWV) following the company’s dismal fourth-quarter 2025 financial results. The news follows allegations that the company concealed operational failures, as pled in a recently filed securities class action.
Hagens Berman is investigating the alleged claims in the pending suit. The firm urges investors who suffered substantial losses to:
SUBMIT YOUR LOSSES NOW
On February 26, 2026, CoreWeave reported a Q4 net loss of $452 million, or $0.89 per share—a staggering figure that nearly doubled the $0.49 loss per share anticipated by Wall Street analysts. Compounding the miss, CoreWeave issued a soft Q1 2026 revenue guidance of $1.9 billion to $2.0 billion, falling significantly short of the $2.3 billion consensus. On this news, CRWV shares plunged nearly 20%.
The disappointing Q4 results come after the filing of a securities class action suit against CoreWeave and certain of its executives arising from the company’s inability to scale its high-performance computing (HPC) clusters at the pace allegedly promised.
“We are investigating whether the company overstated scaling capabilities and hid critical delays,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation of the pending claims.
View our latest video summary of the allegations: youtube.com/watch?v=rWaDX1uGyJs
The CoreWeave, Inc. (CRWV) Securities Class Action
The pending securities class action, Masaitis v. CoreWeave, Inc., et al., No. 2:26-cv-00355, filed in the U.S. District Court for the District of New Jersey, seeks to recover losses for investors who acquired CoreWeave securities between March 28, 2025, and December 15, 2025 (the “Class Period”).
The complaint alleges that CoreWeave and its executives violated the Securities Exchange Act of 1934 by:
Overstating Scaling Capabilities: Allegedly misrepresenting the company's ability to satisfy "unprecedented" demand for its NVIDIA-powered AI cloud.Concealing Critical Delays: Failing to disclose that the Denton, Texas data center cluster—intended to service OpenAI—was months behind schedule due to weather and design plan revisions.Single-Supplier Dependency: Understating the operational and financial risks of its heavy reliance on a single third-party data center developer.Share Price Erosion: Since these infrastructure failures began to surface in late 2025, CoreWeave’s stock has faced severe downward pressure, further exacerbated by the latest Q4 earnings shock. Critical Deadline: March 13, 2026
If you purchased CoreWeave common stock during the Class Period (Mar. 28, 2025 – Dec. 15, 2025) and suffered substantial losses, you have until March 13, 2026, to ask the Court to appoint you as Lead Plaintiff.
TO SUBMIT YOUR COREWEAVE (CRWV) INVESTMENT LOSSES NOW, PLEASE USE THE SECURE FORM BELOW:
Report your CRWV Investment Losses to Hagens Berman NowContact: Reed Kathrein at 844-916-0895 or email [email protected] If you’d like more information and answers to frequently asked questions about the CoreWeave case and our investigation, read more »
Whistleblowers: Persons with non-public information regarding CoreWeave should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Contact:
Reed Kathrein, 844-916-0895
2026-03-09 15:218h ago
2026-03-09 11:1312h ago
CYBER ENVIRO-TECH ANNOUNCES BOARD OF DIRECTORS REORGANIZATION AND STRATEGIC REPOSITIONING TO SUPPORT GROWTH INITIATIVES
, /PRNewswire/ -- Cyber Enviro-Tech, Inc. (OTCQB: CETI), an environmental remediation oil/water treatment technology company, today announced it will reorganize its Board of Directors and engage in strategic repositioning of the business to better align with the Company's renewed focus and anticipated growth trajectory.
As noted in CETI's January 2026 press release, the Company made meaningful progress in several key areas as it sharpened its focus on its core competencies in water and oil filtration. Building on that momentum, CETI has several projects in its pipeline that are projected to come online during 2026, positioning the Company for potential revenue growth and expanded commercial traction.
To support these projects and other strategic initiatives, CETI is pivoting to prioritize revenue-producing opportunities and pursue targeted fundraising efforts designed to sustain and accelerate the Company's growth and development. The reorganization of the Board is intended to ensure that CETI has the appropriate governance, strategic guidance, and industry expertise in place to execute this next phase of its plan.
"Over the past six years, CETI has come a long way," said Kim D. Southworth, co‑founder and Chief Executive Officer of the Company. "We continue to look for people and projects that can help us build value for our shareholders. I am excited about the future prospects for this company."
Additional details regarding the Board reorganization, including any new appointments or role changes, will be provided in subsequent announcements and in the Company's forthcoming disclosures.
About Cyber Enviro-Tech, Inc. (OTCQB: CETI)
Cyber Enviro-Tech, Inc. (CETI) is an environmental remediation and water treatment company focused on produced-water treatment, hazardous waste removal, and remediation of soil, sludge, and industrial wastewater. CETI is developing proprietary bioremedial materials and data-driven technologies intended to support future pilot programs and commercial applications across oil and gas, mining, agriculture, and municipal markets.
Forward-Looking Statements
This press release contains forward-looking statements regarding planned technology deployment, pilot programs, operational readiness, and business strategy. These statements involve risks and uncertainties, including technical performance, regulatory requirements, customer adoption, and market conditions. Actual results may differ materially. CETI undertakes no obligation to update forward-looking statements except as required by law.
Contact:
Winston McKellar
Director of IR / PR
Cyber Enviro-Tech, Inc.
6991 E. Camelback Rd., Suite D-300
Scottsdale, AZ 85251
Website: www.cyberenviro.tech
Phone: 866.687.6856
SOURCE Cyber Enviro-Tech
2026-03-09 15:218h ago
2026-03-09 11:1412h ago
Iran Conflict Brings Opportunity With These Energy ETFs
Conflict in Iran is spooking global markets, sending oil prices higher. Some geopolitical experts and professional investors are speculating that prolonged conflict there or a traditional boots-on-the-ground military campaign could send crude price soaring to $150 per barrel.
That would send shockwaves throughout the global economy, but it could also bring opportunity for headline-driven traders with a variety of leveraged ETFs, including the Direxion Daily Energy Bull 3X Shares (ERX) and the Direxion Daily Energy Bear 2X Shares (ERY). Those ETFs are linked to the equity-based Energy Select Sector Index and both are worth monitoring over the near-term.
“A prolonged war could lead to a spike in energy prices to over $100 per barrel and inflation,” observed Morningstar’s Leslie Norton on March 6, 2026.
ERX and other bullish oil strategies, including the Direxion Daily S&P Oil & Gas Exploration & Production Bull 2X ETF (GUSH), could benefit from near-term pops in oil prices, but if those prices remain high for what market participants consider to be too long, renewable energy could come back into focus. In turn, the bearish ERY could benefit.
“Elevated oil prices open opportunities to accelerate energy independence and increase the use of renewables throughout the United States,” added Norton.
Individual Equity Ideas Not surprisingly, geopolitical headlines stemming from the Middle East encourage some market participants to examine individual oil stocks.
It’s a practical response, and one that could put geared ETFs such as the the Direxion Daily XOM Bull 2X Shares (XOMX) and the Direxion Daily XOM Bear 1X Shares (XOMZ) in focus. Shares of Exxon dithered for much of last week, and that could be a sign the bearish XOMZ is worth monitoring over the near-term. The reasoning is twofold.
First, integrated oil stocks such as Exxon spent the first two months of 2026 rallying prior to the Iran headlines. Second, three-figure oil prices isn’t good news for producers, because it damps demand.
Traders considering XOMX and XOMZ obviously need to stay abreast of goings on in Iran, but they shouldn’t ignore Venezuela as a potential catalyst. At a recent Morgan Stanley conference, Senior Vice President Jack Williams said Exxon is preparing to send a team to Venezuela, home to the world’s largest crude reserves, to evaluate potential opportunities there.
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