Workflow
Amazon’s Extreme AI Spending Sends Stock to Worst Month in Years
Yahoo Finance· 2026-03-02 12:30
Amazon.com Inc. may be a leader in the artificial intelligence race, but investors are increasingly unwilling to pay up for the cost of maintaining that position. Shares of the e-commerce and cloud computing giant plunged 12% in February, their worst month since December 2022, as Wall Street takes an increasingly jaundiced view of the company’s aggressive AI spending plans. Not only are the capital expenditures eating into Amazon’s free cash flow, but market pros are growing impatient about when they’ll p ...
SL Green and Jeff Sutton Sell 690 Madison Avenue
Globenewswire· 2026-03-02 12:30
Core Insights - SL Green Realty Corp. has successfully sold 690 Madison Avenue for $54.5 million, highlighting the strong demand for prime retail locations in Manhattan [1][2]. Company Overview - SL Green Realty Corp. is Manhattan's largest office landlord and operates as a fully integrated real estate investment trust (REIT), focusing on acquiring, managing, and maximizing the value of commercial properties in Manhattan [4]. - As of December 31, 2025, SL Green owned interests in 56 buildings totaling 31.4 million square feet, including 28.0 million square feet of Manhattan properties and 2.7 million square feet related to debt and preferred equity investments [4]. Transaction Details - The sold property, 690 Madison Avenue, is a five-story commercial building with a total area of 7,850 square feet, fully leased to Richemont's Van Cleef & Arpels, a luxury jewelry brand [2]. - The transaction was advised by Gary Phillips and Will Silverman from Eastdil [3].
Highland Copper Closes Sale of 34% Interest in White Pine for US$30 Million
Globenewswire· 2026-03-02 12:30
Core Viewpoint - Highland Copper Company has successfully completed the sale of its 34% interest in the White Pine North Project to Kinterra Copper USA LLC for a total consideration of US$30.1 million, which will be utilized to fund the Copperwood Project and eliminate existing debt [1][2][3]. Financial Transaction Details - The total consideration for the sale includes US$18.3 million in cash, after accounting for US$11.8 million in outstanding principal and accrued interest on a loan from Kinterra to Highland's subsidiary [2]. - Proceeds from the sale will be allocated to fund activities related to the Copperwood Project, pay off existing debt to Kinterra, cover transaction costs, and support general working capital [2]. Strategic Focus - The divestment of the non-controlling stake in White Pine reflects the company's commitment to its fully owned Copperwood Project, aiming to eliminate debt and prepare for construction decisions [3]. - The company plans to use the proceeds to advance detailed engineering, construction readiness, and project financing throughout 2026 [3]. Advisory and Legal Support - Moelis & Company LLC served as the exclusive financial advisor for the transaction, while McMillan LLP acted as the legal advisor [4]. Company Overview - Highland Copper Company is focused on exploring and developing copper projects in Michigan's Upper Peninsula and holds surface rights for the Copperwood deposit [6]. - The company has 738,188,122 common shares outstanding, listed on the TSX Venture Exchange under the symbol "HI" and on the OTCQB under "HDRSF" [6].
Eltek Sets Earnings Release Date and Conference Call to Report Fourth Quarter 2025 and Annual Results on March 9, 2026
Prnewswire· 2026-03-02 12:30
Core Viewpoint - Eltek Ltd is set to release its financial results for the fourth quarter and annual results for the year ended December 31, 2025, on March 9, 2026, before market opening [1] Financial Results Announcement - The financial results will be disseminated via news wires and will also be available on Eltek's corporate website [1] - A conference call to discuss the results will take place on March 9, 2026, at 9:30 a.m. Eastern Time, featuring remarks from the CEO Eli Yaffe and CFO Ron Freund [1] Company Overview - Eltek is a global manufacturer and supplier of advanced solutions in printed circuit boards (PCBs), specializing in complex, high-quality PCBs, HDI, multilayered, and flex-rigid boards for high-end markets [1] - The company is ITAR compliant and holds AS-9100 and NADCAP Electronics certifications, serving customers in defense, aerospace, and medical industries across Israel, the United States, Europe, and Asia [1] - Founded in 1970, Eltek's headquarters, R&D, production, and marketing center are located in Israel, with operations in North America and through agents and distributors in Europe, India, South Africa, and South America [1]
BCM Resources Corp Hires Drillers for Upcoming Thompson Knolls Exploration Program
TMX Newsfile· 2026-03-02 12:30
Core Insights - BCM Resources Corporation has contracted National EWP and TonaTec Exploration for its 2026 drill campaign at the Thompson Knolls Porphyry-Skarn Cu-Ag-Au-Mo discovery, which is fully funded [1][3] - The previous drill hole TK8 reported a significant intercept of 155.4 meters with 0.66% Cu, 0.12 gpt Au, and 7.4 gpt Ag, indicating potential for increased mineralization to the southwest [1] - The 2026 drill campaign aims to test the theory of increased mineralization based on extensive analysis of drill holes [1] Drilling Equipment and Strategy - National EWP will utilize a Schramm Epiroc 685 Reverse Circulation rig, capable of drilling to a depth of 2,950 feet, while TonaTec will provide an AtlasCopco Christensen CS4002 Diamond Drill rig, capable of reaching 5,250 feet [2] - The combination of these rigs is expected to enhance productivity and achieve cost savings during the drilling process [2] Company Overview - BCM Resources Corporation is a diversified Canadian mineral exploration company focused on the Thompson Knolls Porphyry Cu, Au, Ag, Mo discovery and controls various exploration projects in British Columbia [4] - The company is managed by a team of experienced board members and advisors [4]
Japan Gold Identifies Multiple Geophysical Anomalies at Hakuryu Project
TMX Newsfile· 2026-03-02 12:30
Core Viewpoint - Japan Gold Corp. has completed a review of geophysical survey results from the Hakuryu Project, indicating multiple resistivity anomalies that support further drilling activities [1][2]. Group 1: Survey Results - The December 2025 geophysical survey identified multiple resistivity anomalies that correlate with surface alteration zones and vein trends, suggesting continuity along a five-kilometre prospective strike length [2]. - The confirmation of these anomalies at depth supports the preparation for a drilling campaign to further evaluate the project area [2]. Group 2: Drilling Plans - The next phase of drilling is designed to follow up on the identified anomalies and a previous drill hole (DDH-HAK-001) that intersected 16.15 g/t gold over 0.60 metres, with a re-assay returning 24.10 g/t gold over the same interval [3]. Group 3: Project Background - The Hakuryu Project is located at the southern end of the Konomai gold field, which was historically mined by Sumitomo Metal Mining Co., Ltd., producing approximately 2.35 million ounces of gold at an average grade of 6.4 g/t from 1915 to 1973 [4]. Group 4: Company Overview - Japan Gold Corp. is a Canadian mineral company focused on exploring high-grade epithermal gold deposits across Japan, holding a significant portfolio of tenements in areas with known gold occurrences and a history of mining [7]. - The company's leadership and operational team have extensive experience in exploration and operations in Japan, with a proven track record of discoveries globally [7].
Telkomsel Expands Capsyl Cloud Deployment with Synchronoss
Globenewswire· 2026-03-02 12:30
Core Insights - The article discusses the expansion of Telkomsel's partnership with Synchronoss Technologies to enhance mobile cloud services for subscribers, focusing on the launch of Capsyl Cloud and its premium tier offerings targeted for 2026 [1][3]. Group 1: Service Expansion - Telkomsel has successfully launched Capsyl Cloud for mobile subscribers and plans to extend the service to premium tiers and prepaid perks, with commercial availability aimed for 2026 [1][3]. - Following the initial deployment in March 2025, Telkomsel introduced a 50GB cloud storage perk in June 2025, followed by 100GB and 200GB premium tiers in September 2025 [2]. - In Q1 2026, Telkomsel will introduce additional prepaid perks and bundled offers to enhance customer engagement and choice [3]. Group 2: Strategic Importance - The expansion of Capsyl Cloud highlights the increasing significance of personal cloud services in both postpaid and prepaid mobile experiences, creating a unified digital ecosystem for customers [4]. - Telkomsel aims to meet the growing demand for digital tools and cloud services, reflecting its commitment to providing secure and practical digital solutions that integrate into everyday life [4]. Group 3: Company Background - Telkomsel is Indonesia's largest digital telecommunications service provider, serving hundreds of millions of mobile customers and supporting the country's digital transformation [5]. - Synchronoss Technologies is a leader in personal cloud solutions, enabling service providers to create secure connections with subscribers and enhance engagement through advanced technologies [6].
BTQ Technologies Added to WisdomTree Quantum Computing Fund (WQTM), Expanding U.S. Thematic ETF Exposure
Prnewswire· 2026-03-02 12:30
Core Insights - BTQ Technologies has been added to the WisdomTree Quantum Computing Fund (WQTM), enhancing its visibility in the U.S. thematic ETF market [1] - The WQTM ETF aims to provide targeted exposure to companies innovating in the quantum computing ecosystem, tracking the WisdomTree Classiq Quantum Computing Index [1] - BTQ's inclusion signifies its growing importance in the quantum technology sector, focusing on transitioning from classical networks to the quantum internet [1] Company Overview - BTQ Technologies is a global quantum technology company that offers a full-stack neutral-atom quantum computing platform, including hardware, middleware, and post-quantum security solutions [1] - The company is recognized for pioneering commercially significant quantum advantages and holds a broad patent portfolio [1] - BTQ serves various sectors, including finance, telecommunications, logistics, life sciences, and defense [1] ETF and Index Context - The WisdomTree Quantum Computing Fund (WQTM) launched in October 2025 and is designed to capture the long-term growth potential of quantum computing as it moves towards commercialization [1] - The underlying index evaluates the relevance and purity of each company's exposure to quantum computing, balancing pure-play quantum firms with larger global technology leaders [1] - As of February 27, 2026, WQTM had total assets of approximately $26.4 million and an expense ratio of 0.45% [1]
BioAtla Announces Formal Process to Evaluate Strategic Options to Monetize Assets
Globenewswire· 2026-03-02 12:30
Core Viewpoint - BioAtla, Inc. is exploring strategic options to maximize shareholder value, including potential asset sales and partnerships, while implementing a significant restructuring plan to reduce operating expenses by approximately 70% [1][2]. Company Overview - BioAtla is a clinical-stage biotechnology company based in San Diego, focusing on Conditionally Active Biologic (CAB) antibody therapeutics for solid tumors [3]. - The company utilizes a proprietary CAB platform technology to develop novel monoclonal and bispecific antibodies, aiming for selective targeting and reduced toxicity compared to traditional antibodies [3]. - BioAtla holds over 780 active patent matters, with more than 500 issued patents, covering methods of making and manufacturing CAB product candidates [3]. Clinical Pipeline - BioAtla's clinical pipeline includes several assets at various stages: - Ozuriftamab vedotin (CAB-ROR2-ADC) is in Phase 3 for treating oropharyngeal squamous cell carcinoma (OPSCC) and has potential applications in HPV+ cancers, representing a market opportunity of over $7 billion [8]. - Mecbotamab vedotin (CAB-AXL-ADC) is in Phase 2 for multiple solid tumor indications, including mKRAS NSCLC and soft tissue sarcoma [10]. - Evalstotug (CAB-CTLA-4) is in Phase 2, designed for safer combination therapies with anti-PD-1 agents [11]. - BA3182 (CAB-EpCAM x CAB-CD3) is in Phase 1 for advanced adenocarcinoma [7]. Strategic Actions - The company has engaged Tungsten Advisors as its exclusive strategic financial advisor to assist in evaluating potential transactions [2]. - The restructuring plan aims to retain essential employees while significantly reducing the workforce to enhance cost containment [1].
Man plans to propose, but his partner's finances are a 'freaking mess' after cosigning loans. The Ramsey Show weighs in
Yahoo Finance· 2026-03-02 12:30
“That’s a horrible way to start off your marriage.” Jade Warshaw didn’t mince words when John from Portland called in to The Ramsey Show seeking advice on his girlfriend’s financial situation and his plans to propose to her (1). Must Read “I'm just getting into figuring out her financial situation and it's really a freaking mess,” said John. As he explained on the show, John’s girlfriend is in serious debt after getting herself into a confusing situation with members of her family. “She’s coliving wi ...