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Truth Social parent explores spinning off social media platform
Reuters· 2026-02-27 19:10
Truth Social parent explores spinning off social media platform | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A 3D printed miniature of U.S. President Donald Trump and the Truth Social logo are seen in this illustration created on June 22, 2025. REUTERS/Dado Ruvic/Illustration/File Photo [Purchase Licensing Rights, opens new tab]Feb 27 (Reuters) - Trump Media & Technology Group [(DJT.O), opens new tab] said on Friday it is in dis ...
Tech Sell-Off Deepens as Hot Inflation Data and AI Skepticism Rattle Wall Street
Stock Market News· 2026-02-27 19:07
U.S. equity markets are facing significant downward pressure this Friday, February 27th, 2026, as a combination of surprisingly hot inflation data and a cooling sentiment toward artificial intelligence (AI) heavyweights weighs on investor confidence. In afternoon trading, the major indexes are struggling to find a floor, with the tech-heavy Nasdaq leading the retreat.Major Market Indexes and Afternoon PerformanceAs of mid-afternoon, the S&P 500 (SPX) is trading down approximately 0.7%, hovering around the 6 ...
CSX Rewards Shareholders With 8% Hike in Quarterly Dividend
ZACKS· 2026-02-27 19:06
Key Takeaways CSX raised its quarterly dividend to 14 cents per share from 13 cents.CSX has been consistently making efforts to reward its shareholders through dividends and share buybacks.During 2025, CSX repurchased shares worth $1.39 billion and paid $972 million in dividends.In a shareholder-friendly move, CSX Corporation (CSX) board of directorsapproved a dividend hike of 7.6%, thereby raising its quarterly cash dividend to 14 cents per share (56 cents annualized) from 13 cents (52 cents annualized). T ...
Synchrony Renews Polaris Deal to Boost Powersports Finance
ZACKS· 2026-02-27 19:06
Key Takeaways SYF renewed its consumer financing partnership with Polaris across U.S. dealers.Synchrony will offer promo financing and installment loans for vehicles, gear and service plans.SYF's net interest margin rose 48 bps to 15.2% in 2025, aided by specialty retail finance.Synchrony Financial (SYF) has renewed its long-standing consumer financing partnership with Polaris, extending a relationship that has supported dealers and customers for nearly two decades. The agreement ensures continued access to ...
ARM's Self-Reinforcing Ecosystem Strengthens Its Industry Dominance
ZACKS· 2026-02-27 19:06
Key Takeaways ARM's two-sided ecosystem links developers and hardware makers, reinforcing its mobile CPU dominance.ARM architecture supports Android, iOS, Windows and Linux, driving broad device compatibility.ARM IP powers nearly every smartphone, while partners like Qualcomm deepen its scale advantage.Arm Holdings plc’s (ARM) competitive strength is rooted in a powerful two-sided network effect that closely connects software developers and hardware manufacturers within a mutually reinforcing ecosystem.ARM’ ...
Consumer Staples Positioned For A Better-Than-Expected 2026
Seeking Alpha· 2026-02-27 19:06
Editor's note: Seeking Alpha is proud to welcome Muhammad Ibrahim Ihsan as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access.I am a public equity investor based out of San Francisco. I work for Spitfire Capital, a value oriented public market investment fund focused on small and mid cap companies. We are generalists who invest in high quality companies and ...
Brookfield's new AI unit Radiant valued at $1.3 billion after merger with UK startup, sources say
Reuters· 2026-02-27 19:05
Core Viewpoint - Brookfield Asset Management's new AI infrastructure company, Radiant, has been valued at $1.3 billion following its merger with UK-based Ori Industries, highlighting the growing demand for AI infrastructure amid a shortage of high-performance computing capacity [1][4]. Company Summary - Radiant was formed to provide on-demand access to AI chips and has merged with Ori Industries, a cloud computing firm based in London [1]. - All existing investors of Ori have rolled their stakes into Radiant, with Brookfield injecting additional capital into the new entity [2]. - Mahdi Yahya, founder of Ori, will serve as president of Radiant, emphasizing the partnership with Brookfield to address the supply-demand imbalance in AI infrastructure [5]. Financial Overview - The valuation of Radiant was established earlier in February 2026, although the exact contribution of Ori to this valuation remains unclear [2]. - Ori had total assets of £42.5 million ($57.2 million) and total debt of £11.3 million as of the end of 2024 [4]. Industry Context - The merger comes at a time when there is a race among investors to build the necessary infrastructure for advanced AI, driven by a shortage of computing capacity [4]. - Brookfield's AI infrastructure fund aims to raise $10 billion, with plans to scale up to $100 billion through co-investment and financing [5]. - The UK government is significantly increasing data-center construction, planning to expand national computing capacity by 20-fold by 2030, classifying data centers as critical infrastructure [5].
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies Amid Middle East Tensions
FX Empire· 2026-02-27 19:04
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties. This content is intended for educational and research purposes only. It does not constitute, and should not be interpreted a ...
Melrose Industries PLC (OTC:MLSPF) Earnings Report Highlights
Financial Modeling Prep· 2026-02-27 19:03
Core Viewpoint - Melrose Industries PLC is a key player in the aerospace and defense sector, focusing on acquiring and improving underperforming businesses to enhance shareholder value [1] Financial Performance - On February 27, 2026, Melrose reported an earnings per share (EPS) of $0.22, matching estimates, and revenue of approximately $2.43 billion, also aligning with expectations, indicating stable financial performance [2][5] - The aerospace and defense sector reported a statutory operating profit of £600 million, a significant turnaround from a £4 million loss in 2024, with adjusted profit before tax rising by 21% to £515 million [4] Shareholder Actions - Despite a 13% decline in shares to 556p, the company announced a £175 million share buyback program and a 20% dividend increase, reflecting confidence in its financial health and commitment to returning value to shareholders [3]
United's stock and other airline shares get a reality check from rising oil prices, market jitters
MarketWatch· 2026-02-27 19:03
United's stock and other airline shares get a reality check from rising oil prices, market jitters - MarketWatch# United's stock and other airline shares get a reality check from rising oil prices, market jitters## United Airlines' stock leads S&P 500 declinersPublished: Feb. 27, 2026 at 2:03 p.m. ETShareResize---Listen(2 min)United Airlines' stock was on track for its worst percentage decline since April. Photo: Getty ImagesUnited Airlines' stock was leading S&P 500 index decliners on Friday and heading fo ...