Workflow
These Analysts Lower Their Forecasts On Flutter Entertainment After Downbeat Q4 Earnings
Benzinga· 2026-02-27 13:37
Flutter Entertainment PLC (NYSE:FLUT) on Thursday reported worse-than-expected fourth-quarter financial results and issued weak FY26 revenue guidance.Flutter reported fourth-quarter revenue of $4.74 billion, up 25% year-over-year. The revenue missed a Street consensus estimate of $4.97 billion, according to data from Benzinga Pro. The company reported quarterly earnings per share of $1.74, missing a Street consensus estimate of $1.99.“Flutter delivered strong 2025 results. Our unparalleled global scale and ...
The Hidden Cost of Crypto Diversification Showing Up in BITW's 2026 Returns
247Wallst· 2026-02-27 13:35
Core Insights - The Bitwise 10 Crypto Index Fund (BITW) has experienced a year-to-date decline of 22.4%, trading at $45.62 as of February 25, 2026, primarily driven by Bitcoin's drop of 21.8% and Ethereum's significant decline of 31.7% [1][1][1] Group 1: Performance Analysis - BITW's performance is heavily influenced by Bitcoin, which constitutes a dominant weight in the index, leading to a direct correlation in their price movements [1][1] - The fund's diversified approach, holding the top 10 cryptocurrencies, has resulted in deeper losses compared to a pure Bitcoin product, particularly when altcoins underperform [1][1] - The structural design of BITW means that in a risk-off environment for cryptocurrencies, broader diversification can act as a headwind rather than a protective measure [1][1] Group 2: Market Sentiment - Retail sentiment around cryptocurrencies has turned bearish, with discussions on platforms like r/wallstreetbets indicating a negative outlook on Bitcoin's performance [1][1] - A notable post on r/wallstreetbets suggested a strong belief that Bitcoin would experience significant declines, reflecting broader market concerns [1][1]
Amazon to invest $50 billion in OpenAI
Reuters· 2026-02-27 13:35
Core Viewpoint - Amazon plans to invest a total of $50 billion in OpenAI, starting with an initial investment of $15 billion, followed by an additional $35 billion in the upcoming months [1] Business - The investment signifies Amazon's commitment to artificial intelligence and its potential applications within its operations [1] - This move may enhance Amazon's competitive position in the tech industry, particularly in AI development and deployment [1]
Canada Nickel Announces Filing of NI 43-101 Technical Report for Previously Announced Updated Resource, Reid Nickel Sulphide Project
Prnewswire· 2026-02-27 13:34
Core Viewpoint - Canada Nickel Company has filed an independent technical report supporting the initial mineral resource estimate for its Reid Nickel Sulphide Project, with no material differences from previously disclosed results [1] Group 1: Technical Report Details - The technical report was prepared in accordance with National Instrument 43-101 and is titled "National Instrument 43-101 Technical Report and Updated Mineral Resource Estimate for the Reid Ni-Co-Cr-PGE Deposit, Reid Nickel Sulphide Project" [1] - The effective date of the Mineral Resource Estimate is January 7, 2026, and the report was issued on February 26, 2026 [1] - The report was prepared by Caracle Creek International Consulting Inc. and is available on SEDAR+ [1] Group 2: Company Overview - Canada Nickel Company is focused on advancing nickel-sulphide projects to meet the growing demand for nickel in electric vehicles and stainless-steel markets [1] - The company is pursuing the development of processes for producing net zero carbon nickel, cobalt, and iron products, and has applied for trademarks for terms like NetZero NickelTM [1] - Canada Nickel's flagship project is the 100% owned Crawford Nickel-Cobalt Sulphide Project located in the Timmins-Cochrane mining camp [1]
Core wholesale prices rose 0.8% in January, much more than expected
CNBC· 2026-02-27 13:33
Core Insights - Wholesale prices increased at a faster-than-expected rate in January, indicating that inflation is not easing as hoped [1][2] - The core producer price index (PPI), excluding food and energy, rose by 0.8%, surpassing the December increase of 0.6% and the Dow Jones estimate of 0.3% [1] - On an all-items basis, the headline PPI rose by 0.5%, exceeding the forecast of 0.3% and showing a 0.1 percentage point increase from the previous month [2] Yearly Trends - For the full year, core wholesale prices accelerated by 3.6%, while the headline index recorded a 2.9% gain [2] - Both core and headline PPI figures are significantly above the Federal Reserve's inflation target of 2%, suggesting persistent inflationary pressures in the U.S. economy [2]
OpenAI closes $110 billion funding round with backing from Amazon, Nvidia, Softbank
CNBC· 2026-02-27 13:33
Core Insights - OpenAI has successfully closed a $110 billion funding round, significantly surpassing its previous record raise of $50 billion from a year ago [1] - The funding round includes major investments from Amazon ($50 billion), Nvidia ($30 billion), and SoftBank ($30 billion), elevating OpenAI's pre-money valuation to $730 billion, up from $500 billion in October [2] - OpenAI aims to expand its global reach and strengthen its infrastructure through these partnerships, enabling broader access to frontier AI technologies [3] Financial Strategy - OpenAI has indicated a target of approximately $600 billion in total compute spending by 2030, following earlier statements from CEO Sam Altman regarding $1.4 trillion in infrastructure commitments [5] - The company is providing a more conservative estimate and timeline for its planned spending amid concerns about the feasibility of its expansion ambitions relative to expected revenue [5] Industry Impact - Since the launch of ChatGPT over three years ago, OpenAI has significantly influenced the technology sector and established the generative AI era [4] - Continuous funding is essential for OpenAI to support its ambitions, particularly in acquiring graphics processing units and enhancing its infrastructure [4]
Auri Inc ("Auri") New Acquisition Record Date
Accessnewswire· 2026-02-27 13:33
Core Insights - Auri Inc is advancing its business operations and adding new revenues through strategic initiatives [1] Company Developments - The company has announced the acquisition record date of March 25th, 2026, indicating a significant upcoming corporate event [1]
These Analysts Cut Their Forecasts On Sprout Social After Q4 Earnings
Benzinga· 2026-02-27 13:33
Sprout Social Inc (NASDAQ:SPT) on Thursday reported upbeat earnings for the fourth quarter.The company posted quarterly earnings of 20 cents per share which beat the analyst consensus estimate of 16 cents per share. The company reported quarterly sales of $120.887 million which beat the analyst consensus estimate of $118.767 million.Sprout Social said it sees FY2026 adjusted EPS of 88 cents to 97 cents, versus market estimates of 90 cents. The company projects sales of $490.200 million to $495.200 million, ...
1stdibs.Com, Inc. 2025 Q4 - Results - Earnings Call Presentation (NASDAQ:DIBS) 2026-02-27
Seeking Alpha· 2026-02-27 13:32
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. ...
13 Best Long-Term Dividend Stocks to Invest in Right Now
Insider Monkey· 2026-02-27 13:32
In this article, we will take a look at the 13 Best Long-Term Dividend Stocks to Invest in Right Now.According to a recent report by WisdomTree, dividend growth is not a one-size-fits-all concept. Differences in sector exposure, profitability, and earnings growth expectations play a major role in shaping long-term results. In stable markets, these differences may seem less noticeable. During periods of volatility, their impact becomes much more visible.Investors who worry about valuation risk often focus on ...