Core Viewpoint - Joby Aviation Inc is making significant strides in the electric air taxi market, with recent financial performance exceeding expectations and a strategic partnership with Uber Technologies, indicating a positive growth trajectory for the company [1][3][6]. Financial Performance - Joby reported a quarterly loss of 14 cents per share, outperforming the anticipated loss of 22 cents per share [2][6]. - The company's quarterly revenue reached $30.84 million, significantly exceeding the consensus estimate of $16.96 million [2][6]. Strategic Developments - A partnership with Uber Technologies in Dubai was announced, which is expected to enhance Joby's operational capabilities [3][6]. - CEO JoeBen Bevirt highlighted that 2026 will be a pivotal year for Joby, focusing on full-transition flight testing and progress across various business areas [3]. Stock Performance - Joby's stock price rose to $9.82, reflecting an increase of approximately 1.03% following the release of its fourth-quarter earnings report [4][5]. - The stock has fluctuated between a low of $9.76 and a high of $10.20 during the trading session, with a trading volume of 33.93 million shares [4]. Market Capitalization - Joby has a market capitalization of approximately $9.47 billion, with the stock reaching a high of $20.95 and a low of $4.96 over the past year [5].

The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring homebuying season gets rolling. The benchmark 30-year fixed rate mortgage rate fell to 5.98% from 6.01% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.76%. The average rate has been hovering close to 6% this year. This latest dip, its third decline in a row, brings it closer to its lowest level since Sept. 8, 2022, when ...

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Core Insights - Nvidia's stock fell over 4% despite strong Q4 earnings and a positive Q1 outlook, reflecting broader market anxiety regarding the AI sector [1][8] - The company reported Q4 earnings per share (EPS) of $1.62 on revenue of $68.1 billion, surpassing Wall Street's expectations of EPS of $1.53 on revenue of $65.8 billion [1][2] Financial Performance - Nvidia provided Q1 revenue guidance between $76.44 billion and $79.56 billion, exceeding Wall Street's estimate of $72.8 billion [2] - The data center segment was the primary growth driver, generating $62.3 billion, which was above analysts' projections of $60.2 billion [2][3] - Hyperscaler revenue accounted for slightly over 50% of Data Center revenue, with a year-over-year growth of 58% in compute revenue and a significant 263% increase in networking revenue to $11 billion [3] Strategic Developments - Nvidia is set to host its GTC 2026 event in San Jose, California, where major product announcements are anticipated [4] - The company recently expanded its agreement with Meta, involving a multiyear deal for Blackwell and Rubin AI processors, as well as the deployment of Grace CPU servers [5] Market Context - Nvidia's stock has increased just over 5% since the beginning of the year, outperforming competitors like AMD and Broadcom, while Intel has seen a nearly 27% increase [6] - The market debate centers around the future growth of the AI sector, with differing opinions on whether the industry is in its early stages or nearing maturity [8][9]

BOSTON, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Alight, Inc. (NYSE: ALIT) for potential securities law violations. Investors who have lost money in their Alight, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/alit. What is this all about? Shares of Alight, Inc. fell over 30% on February 19, 2026, after the company reported a Q4 earnings miss, disclosed customer renewal rates si ...

Boyd Gaming Corporation (BYD) announced that it struck a deal to sell the Sam's Town Hotel & Casino in Shreveport, Louisiana, to Bally's Corporation (BALY) for an undisclosed amount. The site in downtown Shreveport features a 29,000-square-foot casino with 750 ...

Level AI Announces Major AI Virtual Agent Expansion: Delivering Human-Quality AI for Every Interaction [Accessibility Statement] Skip NavigationMOUNTAIN VIEW, Calif., Feb. 26, 2026 /PRNewswire/ -- Level AI, a leader in customer experience AI, is significantly expanding its full-stack agentic CX platform, redefining the standard for customer experience by moving beyond the limitations of the "siloed" virtual agent. Recognizing that isolated automation of customer issue resolution fails to address complex ent ...

Core Insights - The article discusses the journey of individuals who grew up in poverty and achieved wealth through unconventional means, emphasizing the importance of leverage over traditional employment strategies [2][5]. Group 1: Wealth Creation Strategies - Many self-made millionaires highlighted the concept of leverage, focusing on systems and ownership rather than just salary [2]. - Early investments in cryptocurrencies, particularly Bitcoin, were frequently mentioned as pivotal in their wealth accumulation [3][5]. - Some individuals built successful businesses, with one example being a small Etsy shop that grew into a $5.5 million-a-year company [4]. Group 2: Work Ethic and Preparation - Hard work and relentless preparation were underscored as critical factors, with one individual achieving a high income through extensive study and interview preparation [6]. - The narrative suggests that early wealth often stemmed from ownership rather than wages, indicating a shift in mindset towards entrepreneurial ventures [5]. Group 3: Personal Experiences and Mindset - Personal stories reveal that timing and luck played significant roles in wealth accumulation, alongside hard work and unique personal attributes [3][5]. - A common theme emerged that to achieve extraordinary success, individuals must be willing to take risks and pursue paths that others may avoid [7].

In the third quarter of last year, America’s top 1%, which includes millionaires, owned 31.7% of all U.S. wealth, the biggest share recorded since the Fed started tracking this data in 1989 (6). That translates to roughly $55 trillion in assets — about the same amount held by the bottom 90% combined.Wealth gains in 2025 were far from evenly distributed. Although markets rose overall, a larger share of those gains went to households at the very top — deepening an already pronounced concentration of wealth.As ...