NeutronX Welcomes National Security Strategy and Defense Acquisition Expert Commander Phil Ehr, U.S. Navy (Ret.), to Board of Advisors
Prnewswire· 2026-02-27 14:15
Core Insights - NeutronX Corp. has appointed Commander Phil Ehr, U.S. Navy (Ret.), to its Board of Advisors to enhance its focus on national security and energy projects [1] - Commander Ehr brings extensive military experience and expertise in defense acquisition, which will support NeutronX's mission to improve the resilience of the power grid [1] Company Overview - NeutronX specializes in autonomous, AI-driven infrastructure for next-generation power systems, focusing on large-scale energy projects critical to U.S. national security [1] - The company is collaborating with NextNRG, Inc. to develop national security-focused energy projects, including microgrids and advanced energy management solutions [1] Strategic Focus - NeutronX is pursuing opportunities in resilient energy infrastructure, particularly in distributed microgrid configurations that integrate natural gas, solar PV, battery storage, and advanced control systems [1] - The company aims to address vulnerabilities in the power grid, emphasizing the importance of building resilient and intelligent energy infrastructure as both a business and patriotic mission [1]
Minaurum Files Technical Report on Alamos Silver Project
TMX Newsfile· 2026-02-27 14:15
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Minaurum Silver Inc. (TSXV: MGG) (OTCQX: MMRGF) (FSE: 78M0) ("Minaurum" or the "Company") announces that, further to the Company's news release dated February 10, 2026 announcing results from its resource-expansion drill program in the Europa, Promontorio, and Travesia vein zones, the Company is today filing an independent technical report on its 100%-owned Alamos Silver Project in Sonora, Mexico. The technical report, titled "Alamos Silve ...
Block Stock Pops 16% On 40% Layoffs. Where AIPocalypse May Strike Next
Forbes· 2026-02-27 14:15
Core Viewpoint - Block's stock surged 19% in pre-market trading following a fourth-quarter earnings report that exceeded expectations and included significant layoffs, which the company attributes to the implementation of AI tools [2][4]. Financial Performance - For the fourth quarter, Block reported earnings per share of $0.65, meeting expectations, while revenue reached $6.25 billion, slightly surpassing consensus estimates. Gross profit increased by 24% to $2.87 billion [4]. - Block raised its 2026 guidance, projecting adjusted EPS of $3.66, which is $0.44 above consensus, and gross profit of $12.2 billion [5]. Layoffs and AI Implementation - The company announced 4,000 job cuts, approximately 40% of its workforce, which investors interpreted as a strategic move to reduce fixed costs rather than a sign of distress [6]. - CEO Jack Dorsey emphasized that AI tools have transformed the operational structure of the company, allowing a smaller team to achieve more [3][12]. - The layoffs are a combination of eliminating overlapping roles and utilizing a proprietary AI tool named Goose, which is designed to automate core activities [13][14]. Business Segments and Growth - Block's growth has been primarily driven by its consumer lending segment, which saw a three-fold increase in origination volume, with 9.3 million consumers using Cash App as their main banking service [7]. - However, the company also faced a 108% increase in transaction and loan losses, attributed to its expansion into higher-risk borrower segments [8]. Industry Context and Future Outlook - The layoffs at Block raise questions about the broader implications of AI on employment within the tech industry, with analysts predicting significant job losses due to AI adoption [9][10]. - Despite the potential for AI-driven layoffs, many companies have yet to effectively implement AI solutions, leading to operational gaps and the possibility of rehiring some laid-off workers [11]. - Dorsey believes that Block is ahead of its competitors in becoming an "intelligence-native company," which he argues will enhance its value and operational efficiency [15].
Zscaler Analysts Slash Their Forecasts After Q2 Results - Zscaler (NASDAQ:ZS)
Benzinga· 2026-02-27 14:14
Zscaler Inc. (NASDAQ:ZS) on Thursday reported better-than-expected second-quarter financial results but slashed its FY26 sales guidance.The company reported quarterly earnings of $1.01 per share, which beat the analyst consensus estimate of 90 cents, according to data from Benzinga Pro. Quarterly revenue came in at $815.75 million which beat the analyst consensus estimate of $798.82 million."We believe Zscaler is the cybersecurity platform for the AI age — our in-line Zero Trust platform is uniquely archite ...
SanDisk Corporation (SNDK) Outperforms on AI-Driven Storage Demand
Yahoo Finance· 2026-02-27 14:14
The Harbor Capital Advisors released its “Mid Cap Value Fund’s” Q4 2025 investor letter. A copy of the letter can be downloaded here. Harbor Mid Cap Value Fund, subadvised by LSV Asset Management, delivered solid outperformance in the fourth quarter of 2025, with the Institutional Class returning 4.07% versus 1.42% for the Russell Midcap Value Index, benefiting from strength in value stocks as the Russell Midcap Growth Index declined 3.7% during the period. U.S. equities broadly advanced, with the S&P 500 ...
Zscaler Analysts Slash Their Forecasts After Q2 Results
Benzinga· 2026-02-27 14:14
Core Viewpoint - Zscaler Inc. reported better-than-expected second-quarter financial results but reduced its fiscal year 2026 sales guidance, leading to a significant drop in share price [1][2]. Financial Performance - The company reported quarterly earnings of $1.01 per share, surpassing the analyst consensus estimate of $0.90 [1]. - Quarterly revenue reached $815.75 million, exceeding the analyst consensus estimate of $798.82 million [1]. Guidance Update - Zscaler raised its fiscal 2026 adjusted EPS from $3.99 to $4.02, compared to the previous estimate of $3.81 [2]. - The revenue outlook for fiscal 2026 was lowered to a range of $3.31 billion to $3.32 billion, slightly above the previous estimate of $3.3 billion [2]. Market Reaction - Following the earnings announcement, Zscaler shares fell by 13.4%, trading at $144.97 in pre-market [2]. Analyst Ratings and Price Targets - Needham analyst Mike Cikos maintained a Buy rating but lowered the price target from $310 to $180 [4]. - Piper Sandler analyst Rob Owens maintained a Neutral rating and reduced the price target from $260 to $185 [4]. - Citizens analyst Trevor Walsh maintained a Market Outperform rating while lowering the price target from $355 to $290 [4].
Amazon Bets $50 Billion On OpenAI In Landmark AI Partnership - Amazon.com (NASDAQ:AMZN)
Benzinga· 2026-02-27 14:13
Amazon.com Inc. (NASDAQ:AMZN) and OpenAI announced a sweeping multi-year strategic partnership Friday morning, with Amazon committing to invest $50 billion in the ChatGPT maker, starting with an initial $15 billion, followed by another $35 billion when certain conditions are met. A New Layer For Cloud AIAt the heart of the deal is a jointly developed Stateful Runtime Environment powered by OpenAI’s models, set to be available through Amazon Bedrock. Unlike traditional cloud AI integrations, stateful environ ...
OpenAI raises $110B in one of the largest private funding rounds in history
Yahoo Finance· 2026-02-27 14:13
OpenAI has raised $110 billion in private funding, the company announced Friday morning, commencing one of the largest private funding rounds in history. The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion pre-money valuation. Notably, the round remains open, and OpenAI expects more investors to join as it proceeds. “We are entering a new phase where frontier AI moves from research into daily use at global scale, ...
Got $10,000? Put It in These Dividend ETFs Now
247Wallst· 2026-02-27 14:12
Core Insights - The article emphasizes the potential of investing in dividend ETFs as a strategy for generating income and growing a portfolio over time [1] Group 1: Dividend ETFs Overview - The State Street SPDR S&P Dividend ETF (SDY) has 155 high-quality holdings and offers a 2.35% annual yield, focusing on companies that have consistently increased dividends for at least 20 years [1] - The Vanguard High Dividend Yield ETF (VYM) features a low expense ratio of 0.04% and a 2.33% dividend yield, with a diverse holdings list of 562 companies, including major market players [1] - The iShares International Select Dividend ETF (IDV) provides a 4.63% dividend yield with a focus on established international companies, despite a higher expense ratio of 0.5% [1][2] Group 2: Performance Metrics - The SDY ETF's share price has increased by 40% over the past five years, indicating strong growth potential alongside its dividend yield [1] - The VYM ETF has seen a remarkable 63% increase in share price over the last five years, excluding dividend payments [1] - The IDV ETF's share price has grown by 42% in the past five years, showcasing its potential for both dividend income and capital appreciation [2]
PulteGroup (PHM) Weighed Down by Slowing Orders and Margin Pressure
Yahoo Finance· 2026-02-27 14:12
The Harbor Capital Advisors released its “Mid Cap Value Fund’s” Q4 2025 investor letter. A copy of the letter can be downloaded here. Harbor Mid Cap Value Fund, subadvised by LSV Asset Management, delivered solid outperformance in the fourth quarter of 2025, with the Institutional Class returning 4.07% versus 1.42% for the Russell Midcap Value Index, benefiting from strength in value stocks as the Russell Midcap Growth Index declined 3.7% during the period. U.S. equities broadly advanced, with the S&P 500 ...