Oil climbs as US-Iran tensions keep supply risks in focus
Reuters· 2026-02-26 01:57
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Oil climbs as US-Iran tensions keep supply risks in focus February 26, 20261:57 AM UTCUpdated ago By Yuka Obayashi A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer Purchase Licensing Rights, opens new tab TOKYO, Feb 26 (Reuters) - Oil prices climbed on Thursday, hovering near seven-month highs, as investors gauged whether U. ...
LightPath Technologies, Inc. (LPTH) Analyst/Investor Day Transcript
Seeking Alpha· 2026-02-26 01:57
Company Overview - LightPath is a 41-year-old company that has primarily focused on optical components for 35 of its 40 years [3] - The company is recognized as a pioneer in molded optics technology, having developed the necessary machines and instrumentation for this purpose [3] Leadership and Presentation - The presentation is led by Sam Rubin, the President, CEO, and Director, along with Al Miranda, the CFO, and other key executives [2] - The event includes a Q&A session at the end, allowing for interaction with the leadership team [2]
Paul Mueller Company and Springfield Public Schools Announce Welding & Grinding Youth Apprenticeship Partnership
Globenewswire· 2026-02-26 01:55
Core Insights - Paul Mueller Company and Springfield Public Schools have launched a Welding and Grinding Registered Youth Apprenticeship partnership, marking a significant advancement in workforce development for advanced manufacturing in Missouri [1][9] - This initiative is the only stainless welding and grinding pathway in Missouri, creating a direct link between classroom education and paid industry experience [2][9] Company Overview - Paul Mueller Company is recognized as one of the largest and most innovative stainless steel manufacturers globally, with over 85 years of experience in manufacturing [2] - The company specializes in designing and manufacturing stainless steel processing equipment and heat transfer solutions for various markets, including food, beverage, dairy, pharmaceutical, chemical, nuclear, and industrial sectors [6] Apprenticeship Program Details - The apprenticeship program allows students aged 17 and above to earn up to $25 per hour while gaining hands-on experience in stainless steel welding and grinding, along with earning educational credits [4] - The program follows a nationally recognized Registered Apprenticeship model, emphasizing paid employment, structured on-the-job learning, industry-aligned training, and portable credentials [4] Community Impact - The partnership aims to create meaningful opportunities for students and strengthen the skilled workforce in southwest Missouri, reflecting a commitment to community investment and operational excellence [5] - This initiative is expected to build a sustainable talent pipeline that supports both student success and regional economic strength [5]
Nvidia's forecast points to accelerating growth, as Vera Rubin starts hitting market
CNBC· 2026-02-26 01:55
Core Viewpoint - Nvidia continues to experience significant revenue growth, reporting its 11th consecutive quarter with revenue growth exceeding 55%, driven by strong demand for its AI chips [1][2]. Financial Performance - Nvidia's year-over-year revenue is projected to surge approximately 77% this quarter, reaching around $78 billion, marking the fastest growth rate since January 2025 [2]. - Revenue in the fourth quarter increased by 73%, surpassing estimates, following a 62% growth in the previous quarter [3]. - The data center business, which includes Nvidia's AI graphics processing units, now constitutes over 91% of total sales [3]. Product Development - The company is ramping up production of its next-generation AI system, Vera Rubin, which is expected to deliver ten times more performance per watt compared to its predecessor, Grace Blackwell [4]. - Nvidia has already shipped its first Vera Rubin samples to customers and anticipates widespread deployment among model builders and cloud providers [6]. Market Position and Competition - Nvidia's shares remained stable after an initial rise, reflecting high investor expectations, with the company valued at nearly $5 trillion due to its leadership in AI processors [8]. - Competition is emerging from Advanced Micro Devices (AMD), which plans to release its first rack-scale AI system, Helios, later this year [8]. - Major customers like Amazon and Google are developing their own in-house AI chips, posing a potential risk to Nvidia's future results [9]. Future Outlook - Nvidia expects growth this year to exceed previous projections for a $500 billion revenue opportunity between its Blackwell and Rubin systems [6]. - However, growth is anticipated to slow significantly beyond fiscal 2027, dropping from 63% this year to 30%, 11.5%, and 3% in the following three years [9]. - The company has not included any potential data center revenue from China in its forecasts due to uncertainties surrounding export controls [13][15].
Draganfly Announces Pricing of US$50.0 Million Registered Direct Offering
Globenewswire· 2026-02-26 01:50
Core Viewpoint - Draganfly Inc. has announced a registered direct offering of 7,150,000 common shares at a price of US$7.00, aiming for gross proceeds of approximately US$50.0 million before expenses [1]. Group 1: Offering Details - The offering is being led by Maxim Group LLC, with Raymond James Ltd. and Ladenburg Thalmann & Co. Inc. as co-placement agents [2]. - The expected closing date for the offering is around February 27, 2026, pending customary closing conditions [3]. - The offering is subject to regulatory approvals from the Canadian Securities Exchange and notification to the Nasdaq Stock Market [4]. Group 2: Use of Proceeds - Draganfly intends to utilize the net proceeds for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and ongoing development and marketing of core products [3]. Group 3: Regulatory Compliance - The offering is made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission and the Company's Canadian short form base shelf prospectus [5]. - A prospectus supplement will be filed with relevant securities commissions in Canada and the SEC in the U.S. [6]. Group 4: Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in various sectors including public safety, agriculture, and industrial inspections [8].
ARC Resources: One Of Canada's Best Energy Plays That's Still Undervalued
Seeking Alpha· 2026-02-26 01:50
Core Viewpoint - ARC Resources (AETUF) is rated a Buy due to its attractive valuation, solid and sustainable combined dividend plus buybacks yield, and high-quality production capabilities [1] Company Analysis - ARC Resources is a Canadian natural gas and condensate producer with several positive attributes contributing to its investment appeal [1] - The company has a focus on value investing and has been researched extensively, indicating a thorough understanding of its market position and potential [1] Investment Strategy - The analysis suggests that the company is well-positioned for future growth, supported by its dividend and buyback strategies [1] - The research emphasizes the importance of in-depth analysis in identifying potential investment opportunities within the commodities sector [1]
Chime Active Members Hit 9.5M as Demand Grows for Earned Wage Access
PYMNTS.com· 2026-02-26 01:48
Chime’s fourth quarter 2025 results centered on linked trends: heavier use of the Chime Card for spending and continued growth in members treating the platform as their primary financial relationship.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS conten ...
Halper Sadeh LLC Encourages Five9, Inc. Shareholders to Contact the Firm to Discuss Their Rights
Prnewswire· 2026-02-26 01:45
Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Five9, Inc., encouraging shareholders to contact the firm to discuss their rights and possible corporate governance reforms [1]. Group 1: Shareholder Rights and Legal Actions - Shareholders of Five9, Inc. may seek corporate governance reforms, return of funds, court-approved financial incentives, or other benefits [1]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees [1]. Group 2: Importance of Shareholder Involvement - Shareholder participation is crucial for improving company policies, practices, and oversight, which can enhance overall shareholder value [1]. - Halper Sadeh LLC has a history of representing investors globally who have experienced securities fraud and corporate misconduct, recovering millions for defrauded investors [1].
Strategy World 2026 Declares a New Era for Enterprise AI, Honors Customer and Partner Innovation
Businesswire· 2026-02-26 01:38
Core Insights - The traditional era of enterprise software, business intelligence, and data warehousing is declared over, with a shift towards AI and enterprise sovereignty [2][3] - Strategy Inc is positioning itself at the forefront of this transition, emphasizing the importance of AI in understanding organizational dynamics and enhancing productivity [3][5] Innovations and Developments - Strategy Mosaic, the universal semantic layer, is introduced as the "brain of the enterprise," enabling AI agents to communicate effectively by providing a single source of truth for data [3][4] - Upcoming features include AI-Generated Ontologies, which will automate the mapping of business relationships, creating a continuously updated digital twin of the organization [5] Financial Vision - Executive Chairman Michael Saylor presents Bitcoin as "Digital Capital," highlighting Strategy's $45 billion fortress balance sheet as a foundation for future technological innovation [6] Awards and Recognition - Lotte Department Store is recognized for achieving a 70% increase in analytics process efficiency through the deployment of Auto 2.0 [8] - Porsche Cars North America is awarded for leveraging Strategy's semantic layer, resulting in significant reductions in Aftersales case resolution times [10] Future Events - Strategy World 2027 is scheduled for March 8–11, 2027, in Orlando, Florida, with registration now open [11]
Arista Networks, Inc. (ANET) Presents at Bernstein Insights: What's next in tech? - 4th Annual Tech, Media, Telecom Forum Transcript
Seeking Alpha· 2026-02-26 01:37
Core Insights - The presentation features key figures from Arista Networks, including John McCool, Chief Platform Officer, and Rudolph, Head of Investor Advocacy, highlighting their extensive experience in the networking industry [1][2] Company Overview - John McCool has been with Arista for 9 years and has over 35 years of executive networking experience, including roles at Dell EMC and Cisco [1] - Rudolph has also been at Arista for 9 years, with an additional 13 years of experience in networking and cybersecurity prior to joining Arista [1] Industry Context - The discussion emphasizes significant shifts occurring within the networking space, indicating a dynamic and evolving industry landscape [2]