This Analyst Abandons Caution On Celsius After Powerful Q4
Benzinga· 2026-02-27 19:42
Celsius Holdings Inc. (NASDAQ:CELH) posted a blowout fourth quarter Thursday, handily surpassing Wall Street’s expectations on both earnings and revenue.Celsius reported fourth-quarter adjusted earnings per share of 26 cents, beating the analyst consensus estimate of 20 cents. Quarterly sales of $721.628 million (+117% year over year) outpaced the Street view of $640.834 million.Quarterly adjusted EBITDA gained 113% to $134.1 million.Analysts’ TakeBank of America Securities analyst Peter T. Galbo upgraded t ...
Why Nu Stock Plummeted This Week
Yahoo Finance· 2026-02-27 19:41
Shares of rapidly growing Latin American fintech Nu Holdings (NYSE: NU) are down 13% this week as of 2 p.m. ET on Friday after the digital financial services provider reported fourth-quarter earnings on Wednesday. While Nu's 45% revenue growth rocketed past Wall Street's expectations, the market took a cautious stance toward the stock after management announced that 2026 would be a major "inflection" point for the company. While this isn't inherently bad for the company itself, it certainly brings a higher ...
Why Sweetgreen Stock Was Sinking Again
Yahoo Finance· 2026-02-27 19:41
Shares of Sweetgreen (NYSE: SG) were taking a dive today after the fast-casual salad chain posted another disappointing quarter, showing the business continues to head in the wrong direction. Revenue fell on a double-digit decline in comparable sales, and its net loss widened again. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » As of ...
Carter's Q4 Earnings Beat Estimates, Shares Fall on Soft EPS View
ZACKS· 2026-02-27 19:41
Key Takeaways CRI beat Q4 estimates with 7.6% sales growth, but shares slid on weak Q1 and 2026 EPS outlook.U.S. Retail, Wholesale and International sales rose, lifted by an extra week adding $37M.2026 EPS seen down low double to mid-teens as tariffs and costs pressure margins.Carter's, Inc. (CRI) reported fourth-quarter 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. While earnings declined from the year-ago quarter’s respective number, sales increased.Carter’s adjusted ea ...
US oil output fell in December to lowest since June 2025, EIA says
Reuters· 2026-02-27 19:41
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 ...
Consolidated Unaudited Interim Report of AS PRFoods for the 2nd quarter and 6 months of 2025/2026 financial year
Globenewswire· 2026-02-27 19:38
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 ...
Are Jack Dorsey's aggressive job cuts the start of an AI jobs apocalypse? Economists weigh in
CNBC· 2026-02-27 19:38
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]
Earnings Could Push the Stock Market Higher. Too Bad About Everything Else.
Barrons· 2026-02-27 19:38
The latest round of financial results is one bright spot that might carry stocks to new highs, despite this year's turmoil. ...
Billionaire Bill Ackman Sold Alphabet and Bought These 2 Undervalued Artificial Intelligence (AI) Stocks Instead
Yahoo Finance· 2026-02-27 19:36
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 ...
Metallic Minerals to Exhibit at PDAC 2026 in Toronto, March 1-4 (Booth 2724)
TMX Newsfile· 2026-02-27 19:36
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 ...