Tokyo Inflation Slows Below Bank of Japan's Target But Rate-Hike Path Seems Intact
WSJ· 2026-02-27 03:03
Core Viewpoint - Inflation in Japan's capital has decreased below the central bank's 2% target for the first time in over a year, but this slowdown is not expected to halt further interest rate hikes [1] Group 1 - The inflation rate in Tokyo has cooled, indicating a potential shift in economic conditions [1] - The central bank's target of 2% inflation has not been met, suggesting a change in the inflationary environment [1] - Despite the cooling inflation, the central bank is likely to continue with interest rate increases, reflecting a commitment to monetary policy tightening [1]
SDM DEADLINE ALERT: ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Smart Digital Group Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SDM
TMX Newsfile· 2026-02-27 02:57
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Smart Digital Group Ltd. (NASDAQ: SDM) between May 5, 2025, and September 26, 2025, of the upcoming lead plaintiff deadline on March 16, 2026, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased SDM securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 16, 2026 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that during the Class Period, Smart Digital made false and misleading statements and failed to disclose critical information regarding market manipulation and fraudulent promotion schemes [5]. - Specific allegations include the use of offshore accounts for share dumping, omission of risks related to fraudulent trading, and misleading positive statements about the company's business and prospects [5].
Nasdaq And U.S. Index Outlook: Stock Markets Tumble; The Great Tech Fake Out
Seeking Alpha· 2026-02-27 02:55
Group 1 - The article does not provide any relevant content regarding the company or industry [1]
ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages uniQure N.V. Investors to Secure Counsel Before Important Deadline in Securities Class Action - QURE
TMX Newsfile· 2026-02-27 02:54
Core Viewpoint - Rosen Law Firm is reminding investors who purchased ordinary shares of uniQure N.V. between September 24, 2025, and October 31, 2025, about the upcoming lead plaintiff deadline on April 13, 2026, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought uniQure shares during the specified period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3]. - To serve as lead plaintiff, individuals must file with the court by April 13, 2026, acting on behalf of other class members [3]. Group 2: Case Background - The lawsuit alleges that uniQure misrepresented and/or failed to disclose critical information regarding its Pivotal Study for a drug candidate aimed at Huntington's Disease, including FDA approval status and the potential delay in its Biologics License Application (BLA) timeline [5]. - The defendants allegedly downplayed the likelihood of needing additional studies, which led to misleading statements about uniQure's business and prospects [5]. - The lawsuit claims that when the true details became known, investors suffered damages [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has consistently ranked highly in securities class action settlements [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [4].
Google Workers Seek ‘Red Lines' on Military A.I., Echoing Anthropic
Nytimes· 2026-02-27 02:53
Core Viewpoint - More than 100 Google A.I. employees have expressed their opposition to the use of Gemini for U.S. surveillance and certain autonomous weapons, highlighting ethical concerns within the company regarding the application of artificial intelligence technology [1] Group 1 - Over 100 employees from Google A.I. have signed a letter directed to Jeff Dean, the chief scientist, indicating their disapproval of Gemini's deployment for surveillance purposes [1] - The letter specifically addresses concerns about the potential use of Gemini in the context of autonomous weapons, raising ethical questions about the technology's implications [1]
Buenaventura Announces Fourth Quarter and Full Year 2025 Results
Businesswire· 2026-02-27 02:51
Core Viewpoint - Compañia de Minas Buenaventura S.A.A. reported its financial results for the fourth quarter and full year of 2025, highlighting its position as Peru's largest publicly-traded precious metals mining company [1] Financial Performance - The company’s results for 4Q25 and FY25 were prepared in accordance with IFRS on a non-GAAP basis and are expressed in U.S. dollars [1]
LSI Industries Prices Public Offering of Common Stock
Businesswire· 2026-02-27 02:50
Core Viewpoint - LSI Industries Inc. has announced the pricing of its underwritten public offering of common stock, aiming to raise approximately $90 million to support its growth and acquisition strategy, including the acquisition of Royston Group [1][2][3] Group 1: Offering Details - The company is offering 4,600,000 shares at a public offering price of $19.75 per share, with gross proceeds expected to be around $90 million before deductions [2] - LSI has granted underwriters a 30-day option to purchase an additional 690,000 shares at the same public offering price [2] - The offering is anticipated to close on or about March 2, 2026, pending customary closing conditions [2] Group 2: Use of Proceeds - The net proceeds from the offering will be used for several purposes, including a portion of the purchase price for the Royston Group acquisition, repayment of borrowings under a proposed Senior Secured Credit Facility, and general working capital [3] Group 3: Company Overview - LSI Industries is a publicly held company based in Cincinnati, traded on NASDAQ under the symbol LYTS, specializing in commercial lighting and display solutions [7] - The company manufactures a range of products, including non-residential indoor and outdoor lighting, print graphics, and digital graphics, employing approximately 2,000 people across 18 manufacturing plants in the U.S. and Canada [7]
Nvidia Just Crushed Earnings. 1 No-Brainer ETF To Buy Now
The Motley Fool· 2026-02-27 02:45
Core Insights - Nvidia reported a significant earnings increase, with revenue rising 73% to $68.1 billion, surpassing estimates of $66.2 billion, and adjusted net income increasing 79% to $39.5 billion, or $1.62 per share, exceeding expectations of $1.54 [1][2] Group 1: Nvidia's Performance - Nvidia's profit margin reached 58%, showcasing its dominance in the AI sector and reflecting strong demand for its chips and AI computing power [2] - Despite the impressive earnings report, investor reaction was muted, with the stock initially rising over 3% but ultimately finishing the after-hours session flat [3][4] - Nvidia's market capitalization is nearing $5 trillion, making it challenging for the stock to experience significant upward movement despite strong growth numbers [4] Group 2: Investment Opportunities - The VanEck Semiconductor ETF (SMH) is highlighted as a strategic investment to capitalize on the AI boom, providing diversified exposure to leading AI stocks [5][7] - The SMH ETF includes top holdings such as Nvidia, Taiwan Semiconductor, Broadcom, Micron, and ASML, which collectively represent about 50% of the fund [7][8] - Other semiconductor stocks within the ETF, like Micron and ASML, have shown substantial growth, with Micron tripling in value over the last six months due to memory chip shortages [9][10] Group 3: Market Outlook - Nvidia's success is expected to positively impact its top holdings, with the potential for other chip stocks to have more upside due to their lower market capitalizations compared to Nvidia [10] - The ongoing AI boom is supported by Nvidia's results, indicating that concerns about an AI bubble are premature [11][12] - The SMH ETF, while not inexpensive with a price-to-earnings ratio of 45, offers a broad range of AI stock exposure and the potential for significant returns as AI spending continues to rise [12]
Paramount Clinches $111B Warner Bros. Deal as Netflix Exits; Hyundai Bets 6.2 Trillion Won on AI
Stock Market News· 2026-02-27 02:38
Media Consolidation - Paramount Global (PARA) is set to acquire Warner Bros. Discovery (WBD) for $111 billion after Netflix (NFLX) withdrew its competing bid, citing a lack of financial attractiveness at the current price [10] - The merger is one of the largest media deals in history, but it faces regulatory scrutiny from California's Department of Justice, which is investigating to ensure it does not harm competition or consumers [3][10] Hyundai's Investment in AI and Robotics - Hyundai Motor Group (HYMTF) announced a significant investment of 6.2 trillion won (approximately $4.3 billion) to build an AI-focused data center and a dedicated robot factory in South Korea, with completion expected by the end of 2029 [4][10] - The data center will support the company's autonomous driving and smart manufacturing initiatives, aiming to establish a dominant position in the global robotics value chain [5] Japanese Market Performance - Japan's TOPIX index reached an all-time high, driven by investor optimism and robust corporate earnings, reinforcing the "Japan is Back" narrative [6][10] - The yield on 20-year Japanese Government Bonds (JGBs) fell by 3 basis points to 2.935%, indicating a cautious approach from investors amid record equity performance [7][10] Pentagon's AI Negotiations - The U.S. Pentagon is in negotiations with Google (GOOGL) and OpenAI to establish limits on the use of AI in military applications, with employees advocating for strict boundaries against autonomous warfare [8][9] - Anthropic has reportedly declined to agree to certain military terms proposed by the Department of Defense, highlighting tensions between technological advancement and ethical considerations in national security [9]
Klarna Hits 9 Million Daily Users as New Bank Features Take Hold
PYMNTS.com· 2026-02-27 02:33
Core Insights - Klarna's app usage has increased by 53% year-over-year, reaching 9 million daily users, indicating a growing integration of its services into everyday financial management [1][2] - The company has doubled its banking customers to 15.8 million in the fourth quarter, reflecting a shift towards more comprehensive financial services beyond just payments [7] - Overall active customers across Klarna's business rose by 28% to 118 million, showcasing strong consumer demand for its offerings [8] Service Expansion - Klarna is evolving its app into a hub for managing money, having recently introduced features such as a debit card, membership tiers, cashback, mobile phone plans, and peer-to-peer payments in Europe [2][9] - The introduction of peer-to-peer payments in 13 European countries is aimed at simplifying money management for users, making transactions quicker and cheaper [9] Company Vision - Klarna's CEO, Sebastian Siemiatkowski, emphasized the company's goal of becoming a global digital bank for the next generation, as evidenced by the increasing daily usage of its app [3][8] - The company aims to save consumers time and money while providing them with greater control over their finances, aligning with its mission to be a reliable everyday money management app [7][8]