BDL vs. RAVE: Which Restaurant Operator Is the Better Buy Now?
ZACKS· 2026-02-27 18:56
Restaurant operators continue to operate in a competitive environment marked by shifting consumer demand, cost pressures and the need to balance growth with operational discipline. In this landscape, Flanigan's Enterprises, Inc. (BDL) and Rave Restaurant Group, Inc. (RAVE) reflect two distinct approaches within the broader restaurant space. BDL operates a Florida-centric portfolio of casual dining restaurants and package liquor stores under the “Flanigan’s” and “Big Daddy’s” brands, while RAVE functions pri ...
HBB Shares Rise 6.7% Despite Y/Y Earnings Decline in Q4
ZACKS· 2026-02-27 18:56
Shares of Hamilton Beach Brands Holding Company (HBB) have outperformed the broader market, following the release of its fourth-quarter 2025 results. The stock has climbed 6.7% since reporting earnings compared with a 0.8% return for the S&P 500. Over the past month, Hamilton Beach shares have risen 7.7%, while the S&P 500 has declined 0.9%, signaling a favorable investor response to the company’s latest update.Earnings & Revenue PerformanceFor the fourth quarter of 2025, revenues were $212.9 million compar ...
OpenAI Raises $110 Billion to Build Global AI Infrastructure
PYMNTS.com· 2026-02-27 18:56
Funding Overview - OpenAI has raised $110 billion in new funding from Amazon, Nvidia, and SoftBank, marking one of the largest private capital raises in technology history [1][2] - The funding round includes $50 billion from Amazon, $30 billion from Nvidia, and $30 billion from SoftBank Group [2] User Base and Market Position - OpenAI now serves over 900 million weekly active users, including more than 50 million paying consumer subscribers and over 9 million business users [2] Strategic Focus - The funding is part of OpenAI's broader effort to industrialize artificial intelligence, emphasizing the need to expand compute capacity, lower inference costs, and build durable global infrastructure [3] - OpenAI is entering a phase where scaling laws, data center investment, and chip supply chains will significantly influence competitive advantage [3] Infrastructure Commitments - Amazon Web Services will become the exclusive third-party cloud provider for OpenAI's Frontier program, with potential infrastructure agreements totaling $100 billion over eight years [7] - OpenAI will utilize dedicated inference and training capacity on Nvidia's next-generation systems, increasing its reliance on specialized AI hardware [7] Future Projections - OpenAI's compute spending could approach $600 billion by 2030 as models grow larger and usage expands across consumer and enterprise markets [8] - Access to capital and long-term infrastructure agreements are becoming increasingly strategic assets in the AI race [8] Competitive Landscape - OpenAI's consumer momentum remains strong, with ChatGPT leading global consumer AI usage and higher-priced subscription tiers being rolled out to convert usage into recurring revenue streams [9] - Competition is intensifying, with Anthropic's valuation climbing to $380 billion amid increasing enterprise demand for AI systems, indicating that large language model providers are competing on research, distribution, pricing, and ecosystem partnerships [10]
Kyndryl Holdings (KD) Securities Class Action Pending, Company Files Amended Quarterly and Fiscal Year Reports Detailing Material Internal Control Weaknesses After 3 Key Executives Depart – Hagens Berman
Globenewswire· 2026-02-27 18:55
SAN FRANCISCO, Feb. 27, 2026 (GLOBE NEWSWIRE) -- On February 17, 2026, Kyndryl Holdings, Inc. (NYSE: KD) filed two amended quarterly reports and one amended annual report providing further detail about problems previously reported on February 9, 2026. The recent filings reveal that “the Company’s disclosure controls and procedures and internal control over financial reporting were ineffective” as of March 31, June 30, and September 30, 2025. Each specified that “senior finance executives failed to set an ap ...
Royce Global Trust (NYSE: RGT) as of Jan 31, 2026 - Royce Global Value Trust (NYSE:RGT)
Benzinga· 2026-02-27 18:55
NEW YORK, Feb. 27, 2026 /PRNewswire/ --A closed-end fund that invests in global equities using a disciplined value approachAverage weekly trading volume of approximately 190,192 sharesFund's adviser has more than 50 years of small- and micro-cap investment experience*Not AnnualizedImportant Performance and Expense Information1Geometric Average: This weighted calculation uses each portfolio holding's market cap in a way designed to not skew the effect of very large or small holdings; instead, it aims to bett ...
Royce Global Trust (NYSE: RGT) as of Jan 31, 2026
Prnewswire· 2026-02-27 18:55
Royce Global Trust (NYSE: RGT) as of Jan 31, 2026 [Accessibility Statement] Skip NavigationNEW YORK, Feb. 27, 2026 /PRNewswire/ --- Fund's adviser has more than 50 years of small- and micro-cap investment experience- Average weekly trading volume of approximately 190,192 shares- A closed-end fund that invests in global equities using a disciplined value approachCLOSING PRICES AS OF 01/31/26NAV16.34MKT14.57AVERAGE ANNUAL TOTAL RETURN AS OF 01/31/26NAV (%)MKT (%)One-Month*7.2211.14One-Year30.6635.27Three-Year ...
Tesla's China Problem Is Getting Worse — Here Are the 3 Rivals Taking Its Market Share
247Wallst· 2026-02-27 18:53
Tesla's China Problem Is Getting Worse — Here Are the 3 Rivals Taking Its Market Share - 24/7 Wall St.[S&P 5006,854.60 -0.61%][Dow Jones48,850.00 -0.98%][Nasdaq 10024,863.80 -0.53%][Russell 20002,620.37 -1.74%][FTSE 10010,885.60 +0.27%][Nikkei 22558,623.70 -0.03%][Live Nasdaq Composite: Markets in Freefall on Tech, Economy Jitters][Investing]# Tesla's China Problem Is Getting Worse — Here Are the 3 Rivals Taking Its Market Share### Quick ReadWith a 27.2% market share of China's new energy vehicle market in ...
UniCredit says it has dropped EU court case against ECB over Russia
Reuters· 2026-02-27 18:51
SummaryCompaniesUniCredit did not exit Russia after Ukraine war beganIt brought court case over ECB's order it quits RussiaFiled request to drop the case after interaction with ECBMILAN, Feb 27 (Reuters) - Italy's UniCredit (CRDI.MI), opens new tab in January withdrew an appeal lodged with the European Union General Court against a European Central Bank request that it exit Russia, a document published on Friday showed.The ECB formally warned UniCredit about Russia-related risks in April 2023, following up ...
RCKT's Q4 Loss Narrower Than Estimated, Pipeline in Focus
ZACKS· 2026-02-27 18:50
Key Takeaways RCKT posted Q4 loss of 38 cents per share, beating estimates, while no revenues were reported.Rocket Pharmaceuticals' resubmitted BLA for Kresladi in LAD-I faces an FDA decision on March 28, 2026.RCKT expects cash runway into Q2 2027 as the RP-A501 study in Danon disease resumes in H1 2026.Rocket Pharmaceuticals (RCKT) incurred a loss of 38 cents per share in the fourth quarter of 2025, which was narrower than the Zacks Consensus Estimate of a loss of 42 cents. In the year-ago quarter, the com ...
Estee Lauder's Skin Care Sales Rise 6%: Are More Gains Ahead?
ZACKS· 2026-02-27 18:50
Key Takeaways EL posted 6% organic Skin Care sales growth in Q2, among its strongest categories. Strength in Mainland China and brands like Estee Lauder and La Mer drove gains.Better inventory alignment and improved Asia/Pacific retail trends aided resilience.The Estee Lauder Companies’ (EL) Skin Care remained a key bright spot in second-quarter fiscal 2026, supported by stronger retail trends in select markets. Performance in Mainland China and continued brand momentum helped steady the category amid an ev ...