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Time to Buy Leveraged Oil & Energy ETFs?
ZACKS· 2026-03-02 17:00
Key Takeaways Middle East tensions raise oil supply risks, supporting bullish energy trades.Modest OPEC output hike may fail to offset geopolitical supply concerns.Leveraged oil ETFs may offer short-term upside but carry elevated volatility risks.The United States and Israel launched coordinated strikes on Iran on Feb. 28, 2026, with President Donald Trump saying the operation aimed to destroy Iran’s nuclear program and weaken the current regime.The attacks prompted immediate retaliation from Iran and raise ...
Wix Stock Has Tanked 70% This Past Year, and One Investor Sold $6 Million in Shares Last Quarter
Yahoo Finance· 2026-03-02 17:00
Company Overview - Wix.com is a leading provider of cloud-based web development solutions, enabling users to build, manage, and grow their digital presence [6] - The company operates on a subscription-based business model, supported by a suite of complementary services and payment solutions, driving recurring revenue and customer engagement [6] - Wix.com targets individuals, small businesses, and enterprises globally, offering a range of products including Wix Editor, Wix ADI, and Wix Payments [8] Financial Performance - For the trailing twelve months (TTM), Wix.com reported revenue of $1.93 billion and a net income of $138.90 million [4] - As of February 17, 2026, Wix.com had a market capitalization of $3.8 billion [4] - In the third quarter, revenue increased by 14% year over year to $505.2 million, with total bookings also rising by 14% to $514.5 million [9] Recent Developments - No Street Capital sold 50,000 shares of Wix.com, valued at approximately $6.05 million, reducing its stake in the company [2] - Following the sale, Wix.com represented 3.5% of No Street GP LP's 13F assets, placing it outside the fund's top five holdings [7] - As of the sale date, Wix shares were priced at $68.07, reflecting a 70% decline over the past year, significantly underperforming the S&P 500, which increased by about 17% [7] Future Outlook - Management anticipates approximately $600 million in free cash flow for 2025, excluding acquisition costs, with free cash flow reaching $127.3 million in the third quarter [9] - The company is transitioning into an AI-enabled platform, with expectations of at least $50 million in annual recurring revenue (ARR) from its AI application-builder by year-end [10] - The ongoing execution in AI and margin discipline will be critical in determining whether Wix.com represents a value trap or a significant reset in its business model [11]
Understanding the Financial Health of Establishment Labs Holdings Inc. (NASDAQ:ESTA)
Financial Modeling Prep· 2026-03-02 17:00
Company Overview - Establishment Labs Holdings Inc. (NASDAQ: ESTA) is a key player in the medical technology sector, focusing on advanced silicone breast implants [1] Financial Performance - ESTA's Return on Invested Capital (ROIC) is -12.48%, which is significantly lower than its Weighted Average Cost of Capital (WACC) of 9.01%, indicating insufficient returns to cover capital costs [2] - The negative ROIC to WACC ratio for ESTA is -1.39, highlighting the company's challenges in generating adequate returns [2] Comparative Analysis - OrthoPediatrics Corp. (KIDS) has a ROIC of -6.27% and a WACC of 8.86%, resulting in a ROIC to WACC ratio of -0.71, which is better than ESTA's performance [3] - SI-BONE, Inc. (SIBN) shows a ROIC of -10.42% and a WACC of 7.50%, leading to a similar ROIC to WACC ratio of -1.39 as ESTA [3] - Crinetics Pharmaceuticals, Inc. (CRNX) faces a severe situation with a ROIC of -49.33% and a WACC of 4.44%, resulting in a ROIC to WACC ratio of -11.10 [4] - In contrast, LivaNova PLC (LIVN) has a positive ROIC of 10.90% and a WACC of 7.96%, achieving a favorable ROIC to WACC ratio of 1.37, indicating efficient capital utilization [4]
Bronstein, Gewirtz & Grossman LLC Urges PayPal Holdings, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2026-03-02 17:00
NEW YORK, March 02, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against PayPal Holdings, Inc. (NASDAQ: PYPL) and certain of its officers. This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired PayPal securities between February 25, 2025 and February 2, 2026, bo ...
Biohaven Ltd. (NYSE:BHVN) Sees Positive Analyst Sentiment Amid Clinical Advancements
Financial Modeling Prep· 2026-03-02 17:00
Core Insights - Biohaven Ltd. is a clinical-stage biopharmaceutical company focused on therapies for neurological and immunoscience diseases, attracting investor and analyst attention due to its innovative treatment approaches [1] - The average price target for Biohaven increased to $23 last month, reflecting a positive outlook from analysts compared to the previous quarter, with BTIG setting a target of $24, indicating a potential rally of 82.2% [2][6] - Analysts' optimism is supported by an increase in the average price target from $18.67 three months ago to $23, suggesting favorable developments in clinical trials or market conditions [3] - A year ago, the average price target was $31.5, indicating challenges over the past year, but the recent upward trend suggests potential recovery and positive developments, with Biohaven receiving a Zacks Rank 2 (Buy) [4] - Recent news, including clinical trial progress and regulatory approvals, could significantly impact analysts' expectations and price targets, with positive developments likely leading to further increases [5]
NuScale Power Corporation (SMR) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2026-03-02 17:00
protection#9ef7f0f8f1def8ecfff0f5fdecebe4f2ffe9b0fdf1f3) Call us at: 310-914-5007Visit our website at: [www.frankcruzlaw.com](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4629499- 1&h=1505463290&u=https%3A%2F%2Fwww.frankcruzlaw.com%2F&a=www.frankcruzlaw.com) Follow us for updates on Twitter: [twitter.com/FRC_LAW](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4629499- 1&h=1675080152&u=https%3A%2F%2Ftwitter.com%2FFRC_LAW&a=twitter.com%2FFRC_LAW).If you inquire by email, please include your mailing address, ...
Securities Fraud Investigation Into Franklin BSP Realty Trust, Inc. (FBRT) Announced – Shareholders Who Lost Money Urged to Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm
Businesswire· 2026-03-02 17:00
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Franklin BSP Realty Trust, Inc. ("FBRT†or the "Company†) (NYSE: FBRT) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON FRANKLIN BSP REALTY TRUST, INC. (FBRT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOS. ...
Kroger Customers Can Enjoy Premium Convenient Meals in Minutes with Private Selection® Expansion
Prnewswire· 2026-03-02 17:00
Kroger Customers Can Enjoy Premium Convenient Meals in Minutes with Private Selection® Expansion [Accessibility Statement] (https://www.cision.com/about/accessibility/) Skip NavigationThe retailer makes mealtime deliciously convenient with affordable and globally inspired dishes.CINCINNATI, March 2, 2026 /PRNewswire/ -- Today, The Kroger Co. (NYSE: KR) is announcing an expansion of its Private Selection® brand with a new lineup of deliciously crafted premium and convenient meals thoughtfully developed and d ...
Fox Corporation President and Chief Operating Officer John Nallen to Participate in Upcoming Deutsche Bank's 34th Annual Media, Internet & Telecom Conference
Prnewswire· 2026-03-02 17:00
Fox Corporation President and Chief Operating Officer John Nallen to Participate in Upcoming Deutsche Bank's 34th Annual Media, Internet & Telecom Conference [Accessibility Statement](https://www.cision.com/about/accessibility/) Skip NavigationNEW YORK and LOS ANGELES, March 2, 2026 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced that President and Chief Operating Officer John Nallen will participate in Deutsche Bank's 34th Annual Media, Internet & Telecom Conference on Monday, March 9, ...
ADP Marketplace Launches AI Agents to Help Make Work Easier, Smarter
Prnewswire· 2026-03-02 17:00
Core Insights - ADP has launched a new section within ADP Marketplace, introducing AI agents aimed at enhancing HR workflows and supporting organizations throughout the employee lifecycle [1] Group 1: AI Agents and Their Functionality - The new AI agents are designed to streamline operations by orchestrating workflows, allowing HR teams and managers to focus on higher-value tasks [1] - These agents can provide insights, ensure compliance with employment laws, and assist in talent acquisition by identifying qualified candidates and maintaining engagement [1] Group 2: Partnerships and Compliance - Partners offering AI solutions in the ADP Marketplace must adhere to ADP's AI principles, which emphasize human oversight, monitoring, explainability, and bias mitigation [1] - The curated set of AI agents includes partners such as Absorb, Aquera, G-P, Built, Employ, Praisidio, Salary.com, Tapcheck, MakeShift, Payactiv, and Quantum Workplace [1] Group 3: Commitment to Responsible AI - All AI-enabled partner solutions featured on ADP Marketplace are committed to responsible AI principles, focusing on privacy, bias mitigation, explainability, and ongoing monitoring [1] - ADP aims to make cutting-edge AI accessible and integrated into everyday work, reflecting its commitment to innovation and human-centered solutions [1]