Workflow
GigaCloud's 33% Post-Earnings Rally: A Wide Moat In Action
Seeking Alpha· 2026-02-27 19:14
Analyst’s Disclosure: I/we have a beneficial long position in the shares of GCT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any in ...
What's Behind The Drop In Microsoft Stock?
Benzinga· 2026-02-27 19:14
Shares of Microsoft Corporation (NASDAQ:MSFT) are falling Friday as the company tries to reaffirm a strong partnership with OpenAI despite not being included in the AI company’s latest funding and partnerships announcement.Microsoft stock is under selling pressure. Why is MSFT stock trading lower?OpenAI Announces New Funding Round Sans MicrosoftOpenAI announced $110B in new investment at a $730B pre-money valuation. This includes $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon. The company also s ...
Precision Drilling Corporation Announces Dual Listing on NYSE Texas
Globenewswire· 2026-02-27 19:13
CALGARY, Alberta, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) today announced that its common shares have been approved for dual listing on NYSE Texas, a fully electronic equities exchange headquartered in Dallas, Texas, which launched in March 2025. Precision will maintain its primary listing on the New York Stock Exchange (NYSE) and trade with the same “PDS” ticker symbol on NYSE Texas, effective March 2, 2026. The Company’s common sha ...
Duolingo stock is falling off a cliff, continuing a dramatic collapse. You can't just blame that ‘AI first' memo
Fastcompany· 2026-02-27 19:11
In 2025, Duolingo recorded $1.03 billion in revenue, along with total bookings of $1.15 billion, the latter figure representing 33% year-over-year growth. Net income for the year totaled $414.1 million. "We closed 2025 with strong momentum,†Duolingo CEO Luis von Ahn said in a statement, "surpassing 50 million daily active users and generating more than $1 billion in bookings for the first time.†Yet it was von Ahn's next comments, along with the company's 2026 guidance, that caused investors to turn negati ...
Affirm Expands Into Tax Services With H&R Block Canada Deal
ZACKS· 2026-02-27 19:10
Key Takeaways Affirm partners with H&R Block Canada to offer BNPL for tax preparation services.AFRM lets eligible clients split tax prep costs into installments with no late or hidden fees.AFRM's Canada expansion aims to diversify merchants and boost repeat customer usage.Affirm Holdings, Inc. (AFRM) is expanding its horizons beyond just retail and travel by teaming up with H&R Block Canada. This partnership introduces buy now, pay later (BNPL) options for tax preparation services. Now, eligible customers c ...
PRA Group: A Better Quarter Is Welcome, But A Lot Of Work Remains
Seeking Alpha· 2026-02-27 19:10
I won’t look a gift horse in the mouth, and PRA Group’s ( PRAA ) better-than-expected fourth-quarter results were certainly welcome after another bout of meaningful weakness in the share price. Double-digit growth in revenue andAnalyst’s Disclosure: I/we have a beneficial long position in the shares of PRAA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I hav ...
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 ...