Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv The U.S. is the world's top oil-producing nation as well as its top consumer, but analysts have been expecting output to slow in response to the decline in oil prices in recent years. U.S. West Texas Intermediate crude futures were trading near $67 on Friday, compared with about $77.50 at the same time in 2024. Total U.S. petroleum demand rose 624,000 bpd to 20.85 million bpd in December, high ...

MANAGEMENT COMMENTARYPRFoods’ second quarter of the financial year continued to take place in a challenging economic environment, characterized by weak consumption, price sensitivity, and increased cost pressure. This has particularly affected the Group’s operations in Estonia and nearby markets. At the same time, management has remained focused on core activities, cost control, and strengthening the financial structure. In the second quarter of the financial year, the Group’s revenue amounted to EUR 5.1 mi ...

Core Insights - Jack Dorsey, CEO of Block, announced a significant workforce reduction of approximately 4,000 jobs, highlighting the impact of artificial intelligence on corporate operations and employment trends [1][2] Group 1: Company Actions - Block's job cuts are framed as a strategic shift rather than merely a cost-cutting measure, indicating a transition towards AI-driven business operations [2] - Dorsey anticipates that many companies will follow Block's lead in restructuring their workforce in response to AI advancements [3] Group 2: Labor Market Context - Despite the layoffs at Block, the overall job market remains stable, with a low unemployment rate of 4.3% and job openings contracting sharply [5] - The information sector, a key indicator of the tech industry, has seen a decrease in job openings but a 12% increase in software development postings, suggesting specific roles still have strong demand [6] Group 3: Economic Perspectives - Economists caution against interpreting Block's layoffs as indicative of a broader labor market trend, emphasizing that such decisions may be unique to the company [4][7] - Federal Reserve Governor Christopher Waller noted that AI is more likely to enhance productivity rather than eliminate jobs, drawing parallels to the introduction of ATMs in banking [8][9] Group 4: Future Implications - Companies are increasingly reallocating resources towards capital investments in AI, potentially leading to job disruptions as they seek to balance labor and technology [10][11]

The latest round of financial results is one bright spot that might carry stocks to new highs, despite this year's turmoil. ...

Bill Ackman is a billionaire investor and serves as CEO of Pershing Square Capital Management. He's best known as a value investor, and often concentrates Pershing Square's portfolio among a small cohort of stocks spread across various industries. Over the last few years, Ackman has dabbled with artificial intelligence (AI) stocks. His first big splash in that space came in early 2023 when Pershing Square initiated a position in Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) -- acquiring 2.2 million and 8.1 mill ...

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Metallic Minerals Corp. (TSXV: MMG) (OTCQB: MMNGF) (FSE: 9MM1) ("Metallic" or the "Company") is pleased to be attending the 2026 Prospectors & Developers Association of Canada ("PDAC") Convention in Toronto from March 1-4, 2026. The Company will be exhibiting at Booth #2724 at the Metro Toronto Convention Centre under The Metallic Group, shared with Stillwater Critical Minerals Corp. (TSXV: PGE). Management will be available to provide upd ...

After a lackluster performance in 2025, my hopes were that U.S. residential REITs such as NexPoint Residential Trust, Inc. ( NXRT ) would finally stage a turnaround in 2026. Alas, despite a notable decline in 10-year U.S. treasuryI ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash ...

Key Takeaways AVPT beat Q4 estimates, with EPS up 350% Y/Y and revenues rising 29% to $114.7M.AvePoint's SaaS revenues jumped 37.1%, driving 27% ARR growth to $416.8M.AVPT guided for 22% year-over-year revenue growth in 2026 and up to $96.6M in non-GAAP operating income.AvePoint (AVPT) reported fourth-quarter 2025 non-GAAP earnings of 10 cents per share, which surpassed the Zacks Consensus Estimate by 11.11% and increased 350% year over year.AvePoint revenues climbed 29% year over year to $114.7 million, be ...

In this articleNFLXWBDPSKYThe Paramount logo is displayed above an entrance to Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty ImagesA day after Paramount Skydance emerged as the winner to take over fellow media giant Warner Bros. Discovery, questions are mounting about the companies' regulatory path forward.The WBD board said on Thursday that Paramount's revised $31-per-share offer was superior to an existing bid from Netflix, prompting the streamer to announce that i ...

Investors who were paying just casual attention to markets last year likely know that gold was one of 2025's best-performing assets. The commodity carried that momentum into 2026, giving market participants good reason to examine a variety of bullion-linked exchange-traded funds (ETFs). Speaking of the union of ETFs and the yellow metal, a quick history lesson is warranted. The SPDR Gold Shares ETF (NYSEMKT: GLD), which is backed by physical gold, debuted in November 2004. Today, it's a $181.29 billion ETF ...