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Oil and Gasoline Prices Spike as War Disrupts Shipments
Youtube· 2026-03-02 21:57
I think that what we saw from the the outbreak and the the swiftness with which with which they did this was really a signal to the market that should there be any kind of major disruptions, that OPEC is absolutely willing to hike production very swiftly to accommodate that. Now, obviously, the big question is, well, if the major oil producers here, Saudi Arabia, you know, Iraq, Kuwait, the UAE, you know, if if they're experiencing any kind of disruptions to either their oil infrastructure or just the abili ...
KBRA Assigns Ratings to OFG Bancorp, Inc. and Affirms Ratings for Oriental Bank
Businesswire· 2026-03-02 21:53
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to San Juan, Puerto Rico-based OFG Bancorp, Inc. (NYSE: OFG) ("the company"). In addition, KBRA affirms the deposit and senior unsecured debt ratings of BBB+ and the short-term deposit and debt ratings of K2 for its bank subsidiary, Oriental Bank ("the bank"). The Outlook for all long-term ratings is Stable. Key Credit Considerations Orie ...
Monday's Final Takeaways: WBD & PSKY Consolidate, Manufacturing PMI Data
Youtube· 2026-03-02 21:53
Back to market on close. I'm Marley Caden here in Chicago alongside Sam Bodis at the New York Stock Exchange. We'll close out our show how we always do with some final thoughts on the session.Crude oil prices of course surging now after escalating conflict involving Iran rattled the global energy markets and raised fears of supply disruptions. US crude jumped more than 8% while Brent climbed sharply as tanker traffic through the critical straight of Hormuz slowed. Now that choke point handles roughly 1ifth ...
Invesco Municipal Opportunity Trust declares $0.0625 dividend (NYSE:VMO)
Seeking Alpha· 2026-03-02 21:49
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Why Apple Is Playing Defense on Price and A.I.
Youtube· 2026-03-02 21:49
Core Insights - Apple has launched the iPhone 17e and a new iPad Air, which are crucial for maintaining its market position amid declining smartphone sales [1][2] - The iPhone 17e is priced at $599, targeting a critical price point in a struggling market, which is essential for consumer access [3][4] - The introduction of the iPhone 17e is seen as a defensive strategy to compete against lower-priced Android devices, especially in light of rising memory costs [6][7] Product Importance - The iPhone 17e is significant as it addresses the current market challenges, with Apple absorbing rising costs to maintain its pricing strategy [3][9] - The device serves as a stepping stone for Apple's future AI developments, which are expected to enhance user experience [4][20] - The iPhone 17e's hardware improvements and competitive pricing are designed to attract consumers who may consider older models like the iPhone 15 Pro [5][14] Market Dynamics - The smartphone market is experiencing a downturn, with consumers cutting back on discretionary spending, making the $599 price point critical for success [8][16] - Apple is leveraging its supply chain advantages to manage costs without passing them onto consumers, although future models may see price increases [9][16] - The competitive landscape in China is becoming increasingly challenging, with local brands offering advanced features at lower prices [11][13] AI and Future Prospects - Apple currently lacks a strong narrative in AI compared to competitors, but has time to develop meaningful features that could enhance its product offerings [17][19] - The integration of AI into future devices could strengthen customer loyalty, as users are likely to purchase multiple Apple products [20][21] - The anticipated advancements in Apple's AI capabilities could position the company favorably in the market once fully realized [20]
Mattel to Participate in the UBS Global Consumer and Retail Conference
Businesswire· 2026-03-02 21:48
EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that Ynon Kreiz, Mattel's Chairman and Chief Executive Officer, and Paul Ruh, Mattel's Chief Financial Officer, will participate in a keynote presentation at the UBS Global Consumer and Retail Conference on Thursday, March 12, 2026 at 9:00 a.m. Eastern Time. The webcast will be available on Mattel's Investor Relations website, https://investors.mattel.com/. To listen to the webcast, log onto the website at least 15. ...
Beware The Bull Flattener
Seeking Alpha· 2026-03-02 21:47
When you hear about the bond market's shape, or more specifically the shape of the US Treasury yield curve, you will often hear two terms thrown around a lot: “steepener” and “flattener.”Writer | Investment Advisor | Economics Wonk | Top 5% on TipRanks | Long Signal, Short Noise | Author of The Macro Obsession, a weekly newsletter on current events and trends in finance, tech, and the real economy. My work focuses on my quest to uncover narrative trends before mainstream financial media, a process I've been ...
Ultragenyx Pharmaceutical Inc. (RARE) Presents at TD Cowen 46th Annual Health Care Conference Transcript
Seeking Alpha· 2026-03-02 21:47
PresentationYaron WerberTD Cowen, Research Division Okay. Well, good afternoon, everybody, and welcome once again to the 46th Annual TD Cowen Healthcare Conference. I'm Yaron Werber from the biotech team, and it's a great pleasure to introduce and have with us today, Eric Crombez, who's Chief Medical Officer and EVP at Ultragenyx. Eric, good to see you. Thanks for coming. ...
JFrog Ltd. (FROG) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
Seeking Alpha· 2026-03-02 21:47
PresentationSanjit SinghMorgan Stanley, Research Division All right, getting towards lunch time. Hopefully, people are grabbing some food. We're on with -- we're continuing the TMT Conference, and we're super happy to have the management team of JFrog. JFrog has been at our conference almost every year that since you guys have been public. We have Chief Executive Officer, Shlomi Ben Haim; and Chief Financial Officer, Ed Grabscheid. Ed, so let me thank you again for coming back to the TMT conference. ...