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Stock Market Today: Dow Futures Slide, S&P 500, Nasdaq Gain Ahead Of Weekly Jobless Claims—Nvidia, Salesforce, Trade Desk In Focus - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)
Benzinga· 2026-02-26 10:04
Company Performance - Driven Brands Holdings Inc. (NASDAQ:DRVN) fell 5.09% after canceling its earnings release due to material errors in its financial statements for fiscal years 2023 and 2024 [3] - Nvidia Corp. (NASDAQ:NVDA) increased by 1.28% after reporting better-than-expected fourth-quarter financial results and providing first-quarter sales guidance above estimates [4] - Salesforce Inc. (NYSE:CRM) dropped 3.94% despite positive earnings, as its future estimates fell short of Wall Street's expectations [4] - Dell Technologies Inc. (NYSE:DELL) was down 0.38% with analysts expecting earnings of $3.53 per share on revenue of $31.75 billion [5] - Benzinga's Edge Stock Rankings indicate that DRVN maintains a weak price trend over the long, medium, and short terms, with a poor quality score [6] Market Insights - BlackRock remains overweight on U.S. equities, citing a favorable macro backdrop characterized by continued Federal Reserve easing and strong corporate earnings [8] - BlackRock anticipates steady growth and inflation that could drift below 2%, while remaining cautious about long-term fiscal health [9] - BlackRock views recent trade developments as stable, noting that the administration's focus on trade remains central to its economic and strategic policy [10]
Stock Market Today: Dow Futures Slide, S&P 500, Nasdaq Gain Ahead Of Weekly Jobless Claims—Nvidia, Salesforce, Trade Desk In Focus
Benzinga· 2026-02-26 10:04
Company Performance - Driven Brands Holdings Inc. (NASDAQ:DRVN) fell 5.09% after canceling its earnings release due to material errors in its financial statements for fiscal years 2023 and 2024 [3] - Nvidia Corp. (NASDAQ:NVDA) increased by 1.28% after reporting better-than-expected fourth-quarter financial results and providing first-quarter sales guidance above estimates [4] - Salesforce Inc. (NYSE:CRM) dropped 3.94% despite positive earnings, as its future estimates fell short of Wall Street's expectations [4] - Dell Technologies Inc. (NYSE:DELL) was down 0.38% with analysts expecting earnings of $3.53 per share on revenue of $31.75 billion [5] - Benzinga's Edge Stock Rankings indicate that DRVN maintains a weak price trend over all time frames, while NVDA has a strong price trend but a weak value score [4][6] Market Insights - BlackRock remains overweight on U.S. equities, citing a favorable macro backdrop with continued Federal Reserve easing and strong corporate earnings [8] - The firm anticipates steady growth and inflation potentially drifting below 2%, while expressing caution about long-term fiscal health [9] - BlackRock views recent trade developments as stable, emphasizing the importance of monitoring geopolitical fragmentation as a new return driver beyond technology [10]
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages BlackRock TCP Capital Corp. Investors to Secure Counsel Before Important Deadline in Securities Class Action - TCPC
TMX Newsfile· 2026-02-25 22:12
Core Viewpoint - Rosen Law Firm is reminding investors who purchased BlackRock TCP Capital Corp. securities between November 6, 2024, and January 23, 2026, of the upcoming lead plaintiff deadline on April 6, 2026, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased BlackRock TCP 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 can join by contacting Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by April 6, 2026 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019, and has been recognized as a leader in the field of securities class action litigation [4]. Group 3: Case Allegations - The lawsuit alleges that defendants made materially false and misleading statements regarding BlackRock TCP's business and operations, including issues with investment valuations and portfolio restructuring [5]. - Specific claims include that BlackRock TCP's unrealized losses were understated and its net asset value was overstated, leading to misleading positive statements about the company's prospects [5].
Stifel Just Predicted Bitcoin Could Crash to $38,000: The 15-Year Trendline Behind the Call
247Wallst· 2026-02-25 20:24
Stifel Financial, a 136-year-old investment bank, says Bitcoin (CRYPTO: BTC) could still fall to $38,000—a 43% drop from current levels near $65,000 and a full 70% crash from October's $126,000 peak. The firm's chief equity strategist, Barry Bannister, built the case on 15 years of bear market data. He drew a trendline through every major Bitcoin crash since 2010—the 93% collapse in 2011, the 84% drop in 2015, the 83% slide in 2018, and the 76% decline in 2022—and noticed that each bottom landed higher than ...
Nasdaq (NasdaqGS:NDAQ) 2026 Investor Day Transcript
2026-02-25 14:02
Nasdaq (NasdaqGS:NDAQ) 2026 Investor Day February 25, 2026 08:00 AM ET Company ParticipantsAdena Friedman - Chair and CEOAmy Hong - Head of Strategy, Investments and Partnerships, Global Banking and MarketsAngie Ruan - CTO of Capital Access PlatformAto Garrett - SVP and Investor Relations OfficerBrad Peterson - EVP and CTIO OfficerBrenda Hoffman - EVP, CTO, Market Services, and Financial TechnologyDarryl White - CEODavid Phillips - Global Head of Electronic Trading ProductDon Beery - SVP and Head of Global ...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 6, 2026 in BlackRock TCP Capital Corp. Lawsuit - TCPC
Prnewswire· 2026-02-25 14:00
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 6, 2026 in BlackRock TCP Capital Corp. Lawsuit - TCPC [Accessibility Statement] Skip NavigationNEW YORK, Feb. 25, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in BlackRock TCP Capital Corp. ("BlackRock TCP" or the "Company") (NASDAQ: TCPC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of BlackRock TCP investors who were adversely affected by alleged securities f ...
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in BlackRock TCP Capital Corp. of Class Action Lawsuit and Upcoming Deadlines – TCPC
Globenewswire· 2026-02-24 21:53
NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against BlackRock TCP Capital Corp. (“BlackRock TCP” or the “Company”) (NASDAQ: TCPC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.  The class action concerns whether BlackRock TC ...
Not all Treasurys are a reliable haven for investors right now, BlackRock bond chief Rick Rieder says
MarketWatch· 2026-02-24 11:00
Volatility in the U.S. bond market is picking up this month, with some investors questioning whether Treasurys can broadly — and reliably — provide a safe haven in times of tumult. ...
Singapore Airlines Posts Record Revenue on Strong Demand, Net Profit Slumps
WSJ· 2026-02-24 10:59
Core Insights - Singapore Airlines achieved record quarterly revenue driven by strong travel demand [1] - However, the company's net profit decreased due to the lack of a one-off gain that had positively impacted the previous year's earnings [1] Financial Performance - The quarterly revenue reached an all-time high, indicating robust recovery in travel demand [1] - Net profit saw a decline compared to the previous year, highlighting the impact of extraordinary items on earnings [1]
Exclusive: Kuwait's KPC draws BlackRock, Brookfield, EIG to possible $7 billion pipeline deal, sources say
Reuters· 2026-02-24 09:34
Core Viewpoint - Kuwait Petroleum Corporation (KPC) is in early discussions to sell a $7 billion stake in its crude oil pipelines, attracting interest from major investors including BlackRock, Brookfield, and EIG Partners [1][1][1] Group 1: Investment Details - KPC is seeking to structure the transaction with approximately $1.5 billion in equity, while the remainder will be financed through debt [1][1][1] - The stake sale process could formally launch by the end of February, with KPC currently engaging other banks to underwrite the debt portion alongside HSBC [1][1][1] Group 2: Market Context - The concession for the pipeline deal is expected to span 25 years, but faces challenges due to crude oil prices around $71 per barrel and geopolitical tensions in the Gulf region [1][1][1] - This move mirrors similar recent transactions by Gulf peers such as Saudi Aramco and Abu Dhabi National Oil Company, which have raised funds through their pipeline infrastructure [1][1][1] Group 3: Strategic Goals - KPC plans to invest $410 billion through 2040 to increase its production capacity to 4 million barrels per day [1][1][1] - BlackRock is expanding its presence in Kuwait, having signed a similar deal for Saudi Aramco's Jafurah gas project and is set to open an office in the country [1][1][1]