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Andrew's time as trade envoy should be investigated, says Vince Cable

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Full List of Axed Series So Far This Year

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Netflix to Open 2 Massive Entertainment Venues That Will Offer Events, Shops Themed to Its Famous Shows

Netflix has already canceled or ended several original series in the first three months of 2026, continuing its pattern of swift decisions on underperforming titles while allowing some long-running hits to conclude with planned final seasons.

Netflix to Open 2 Massive Entertainment Venues That Will Offer Events, Shops Themed to Its Famous Shows

As of early April 2026, at least seven Netflix shows have been officially axed after one or two seasons, according to multiple reports from industry trackers and entertainment news outlets. Additional high-profile series are set to end with their upcoming seasons, giving fans closure rather than abrupt cancellation.

The streaming giant’s approach reflects ongoing pressure to manage costs, viewer engagement metrics and content library efficiency in a competitive landscape. While Netflix has renewed many popular titles, low viewership or creative fatigue have led to quick cuts for newer projects.

Here is the current list of confirmed Netflix cancellations and endings in 2026 so far, based on announcements through late March:

The Abandons — Canceled after one season. The Kurt Sutter-created Western drama starring Lena Headey and Gillian Anderson as rival matriarchs in 1850s Washington failed to gain sustained momentum despite its star power. It joined the growing list of Netflix Westerns that struggled to find broad audiences.

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The Vince Staples Show — Canceled after two seasons. The critically acclaimed comedy starring rapper-actor Vince Staples as a heightened version of himself navigating fame and everyday life in his hometown drew praise for its unique voice but ultimately saw insufficient viewership to justify continuation.

Terminator Zero — Canceled after one season. The anime series set in the Terminator universe, created by Mattson Tomlin, failed to attract enough viewers despite its connection to the iconic franchise. The decision disappointed fans of the animated format but aligned with Netflix’s data-driven approach to sci-fi projects.

Alice in Borderland — Canceled after three seasons. The Japanese survival thriller based on the manga, which followed players in deadly games in an empty Tokyo, built a passionate international fan base. However, Netflix chose not to continue beyond the third season, even as some viewers campaigned for more.

Pop The Balloon LIVE — Canceled. The live interactive game show concept did not translate into sustained engagement, becoming one of the quicker cuts among 2026’s new programming.

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Miss Governor — Canceled. The political comedy series failed to resonate with audiences and was quietly removed from renewal consideration early in the year.

Class — Canceled. The teen drama struggled to stand out in Netflix’s crowded young-adult category and was axed after its initial run.

Beyond outright cancellations, several notable series are ending with planned final seasons in 2026, allowing creators to provide closure:

  • Outer Banks will conclude with its fifth season, wrapping up the Pogues’ treasure-hunting adventures.
  • Avatar: The Last Airbender live-action adaptation ends after its upcoming third season.
  • Queer Eye airs its 10th and final season, marking the end of the Fab Five’s makeover journeys.
  • The Empress period drama about Empress Elisabeth will finish with its third season.
  • The Witcher concludes with its fifth and final season.

Other titles rumored or reported as not returning include additional limited or anthology-style projects, though Netflix has not issued formal cancellation statements for every entry. The company often allows shows to end quietly if viewership data does not support further investment.

Netflix’s cancellation pace in early 2026 mirrors previous years, when dozens of series were cut to prioritize high-engagement content. In 2025, the streamer axed at least 30 titles, including reality competitions and scripted dramas that failed to break through algorithms or maintain audience retention.

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Industry analysts note that Netflix’s decisions increasingly rely on completion rates, hours viewed and cost-per-view metrics rather than traditional ratings. High production costs for ambitious projects like Westerns or sci-fi adaptations make them particularly vulnerable if they do not deliver immediate global appeal.

Fans have reacted with mixed emotions on social media. Some express frustration over canceled favorites like “The Vince Staples Show,” which earned strong critical scores despite modest viewership. Others accept the reality of streaming economics, where only a fraction of new releases achieve breakout success.

The cancellations free up budget for potential renewals of stronger performers. Netflix has already renewed several hits for 2026 and beyond, including “Emily in Paris,” “The Lincoln Lawyer” and “Black Mirror,” signaling continued investment in proven franchises and anthology formats.

For subscribers, the news serves as a reminder to binge-watch new or returning series promptly, as Netflix rarely provides long advance notice on cancellations. The platform has occasionally revived fan-favorite shows due to public outcry or unexpected data surges, but such reversals remain rare.

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Looking ahead, more decisions are expected throughout 2026 as additional seasons premiere and viewership numbers are analyzed. Netflix typically provides updates on renewals and cancellations in batches rather than one-by-one announcements.

The streamer’s content strategy continues to evolve toward a mix of big-budget event series, international hits and cost-effective unscripted programming. While cancellations disappoint dedicated viewers, they allow Netflix to refresh its library and test new ideas in a saturated entertainment market.

As April 2026 begins, the list of axed shows stands at roughly seven confirmed cancellations, with several more series wrapping up planned final seasons. Fans of affected titles are encouraged to rewatch available episodes while they remain on the platform.

Netflix has not commented publicly on the overall cancellation tally for the year but maintains that data-driven choices help deliver the most engaging content to its global audience of over 280 million subscribers.

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The early 2026 cuts underscore the competitive pressure facing all streamers, where even critically liked shows can fall short if they fail to generate sufficient sustained viewing hours.

For now, the focus shifts to upcoming releases and potential surprise renewals as Netflix balances creative risks with financial discipline in its quest to remain the dominant force in streaming entertainment.

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Form S-3 Taoweave Inc For: 2 April

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Form 144 Annovis Bio For: 2 April

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Strategic Education: Should Keep Shareholders Well-Fed In 2026 (NASDAQ:STRA)

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Strategic Education: Should Keep Shareholders Well-Fed In 2026 (NASDAQ:STRA)

This article was written by

I’m an equity analyst and founder of Goulart’s Restaurant Stocks, a research firm focused on the U.S. restaurant industry — from quick-service and fast casual to fine dining and niche concepts. I lead all thematic research and valuation efforts, applying advanced financial modeling, sector-specific KPIs, and strategic insights to uncover hidden value across public equities. In addition to restaurants, I cover consumer discretionary, food & beverage, casinos & gaming, and IPOs, with a particular focus on micro and small caps that are often overlooked by mainstream analysts. My research has been featured on Seeking Alpha, Yahoo Finance, Mises Institute, Investing.com and other plataforms. My background combines hands-on experience in finance and business management with academic foundations. I hold an MBA in Controllership and Accounting Forensics, a Bachelor’s in Business Administration. I’ve also pursued specialized training in valuation, financial modeling, and restaurant operations (I had a brief experience as an undergraduate as a franchise partner for a regional ice cream shop).

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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 investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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(VIDEO) Kirk Cousins Agrees to Contract with Raiders as Veteran Mentor for Rookie QB, Agent Confirms

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Magic Johnson Michael Jordan

Kirk Cousins has agreed to a contract with the Las Vegas Raiders, his agent announced Thursday, bringing the veteran quarterback to a rebuilding franchise in need of stability at the position ahead of the 2026 NFL season.

Kirk Cousins Minnesota Vikings

Agent Mike McCartney confirmed the deal on social media, ending weeks of speculation that linked the 38-year-old Cousins to multiple teams as one of the top remaining free-agent quarterbacks. Terms of the agreement were not immediately disclosed, but projections had Cousins potentially signing a one-year deal worth around $10 million.

The move reunites Cousins with new Raiders head coach Klint Kubiak, who worked closely with him as an offensive assistant and coordinator during Cousins’ time with the Minnesota Vikings from 2019-21. It also positions Cousins as a bridge quarterback and mentor for Fernando Mendoza, the rookie widely expected to be the Raiders’ quarterback of the future after the team holds the No. 1 overall pick in the upcoming NFL Draft.

Cousins, a four-time Pro Bowl selection, spent the past two seasons with the Atlanta Falcons after signing a landmark four-year, $180 million contract in 2024 — the richest total-value free-agent deal in NFL history at the time. He was released by Atlanta earlier this offseason with a post-June 1 designation, freeing him to explore the market while the Falcons moved forward with other options at quarterback.

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In Atlanta, Cousins showed flashes of his veteran prowess, particularly late in the 2025 season when the Falcons went 4-0 in his final four starts. Overall, he posted solid but unspectacular numbers in a limited role, dealing with the aftermath of earlier injuries including a torn Achilles that had sidelined him previously. His career totals include more than 40,000 passing yards and approaching 300 touchdown passes, with a passer rating near 97.0 that underscores his consistency as a high-volume thrower.

For the Raiders, who finished with one of the league’s worst records in 2025, the addition of Cousins addresses an immediate need at quarterback. The team traded away Geno Smith earlier in free agency and has been searching for a veteran presence to stabilize the offense while developing Mendoza, a highly touted prospect often compared stylistically to Cousins himself for his pocket presence and decision-making.

Former NFL general manager Mike Tannenbaum recently advocated for exactly this scenario on ESPN’s SportsCenter, calling Cousins the “ideal bridge quarterback” for Mendoza. “I would sign Kirk Cousins,” Tannenbaum said. “Bring Mendoza along slowly.” The Raiders’ new coaching staff, led by Kubiak, is installing a scheme that emphasizes rhythm passing and play-action — elements that align well with Cousins’ strengths from his Vikings days.

Raiders general manager Tom Telesco and coach Kubiak have emphasized building through the draft while adding smart veteran complements. Cousins fits that mold: experienced enough to start early in the season if needed, yet willing to transition into a mentorship role as Mendoza adapts to NFL speed and the pro playbook. Kubiak’s familiarity with Cousins could accelerate that process, as the two already share a rapport from their overlapping time in Minnesota.

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The signing comes amid growing competition for Cousins’ services. At the recent NFL Annual League Meeting, Los Angeles Rams coach Sean McVay and Green Bay Packers general manager Brian Gutekunst both acknowledged discussions about bringing in Cousins as a backup option. The Pittsburgh Steelers and Arizona Cardinals have also been linked to the veteran amid uncertainty at their own quarterback positions, with some executives viewing him as a potential starter if injuries arise or plans shift.

Cousins had been patient in free agency, reportedly holding out for opportunities that offered a realistic chance to compete for playing time rather than accepting a pure backup role on a contender. The Raiders’ situation — a young roster with defensive talent led by standout edge rusher Maxx Crosby and a need to accelerate offensive development — apparently checked those boxes.

“I think the Raiders would make a lot of sense,” CBS Sports analyst John Breech wrote earlier in the process, noting the Kubiak connection and the mentoring dynamic. Other reports suggested Cousins could start the first several games of 2026 while Mendoza learns under center and absorbs Kubiak’s system, potentially handing over the reins by midseason or October.

Financially, the deal is expected to be team-friendly for Las Vegas, which is managing cap space carefully after years of aggressive spending under previous regimes. Spotrac projections pegged a one-year, $10.7 million pact as a likely landing spot for Cousins, whose career earnings already top $320 million. The structure could include incentives tied to starts or team performance, common for veteran bridge deals.

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Cousins’ journey has been one of steady improvement and resilience. Drafted in the fourth round by the Washington Commanders (then Redskins) in 2012, he evolved from a backup to a reliable starter, leading the Vikings to multiple playoff appearances after signing there in 2018. His 2024 move to Atlanta was seen as a chance to chase a Super Bowl with a more loaded roster, but injuries and team transitions limited the outcome.

Now, at 38, Cousins insists he still has plenty left in the tank. He publicly stated his intention to play in 2026 shortly after his release, and the Raiders signing validates that belief. For Las Vegas fans, long frustrated by quarterback instability — a position that’s seen more than a dozen starters since the team’s relocation — Cousins offers a known commodity with leadership qualities.

The Raiders’ offense ranked near the bottom of the league in several categories last season, particularly in passing efficiency and red-zone execution. Adding Cousins, along with recent wide receiver signings including a reunion with former Vikings teammate Jalen Nailor, could provide an immediate boost. Kubiak’s offense, which helped elevate players in Minnesota, should allow Cousins to operate in rhythm while protecting a young offensive line still gelling.

Mendoza, projected as a polished passer with good arm talent and football IQ, stands to benefit immensely from observing Cousins up close. NFL history is filled with successful rookie transitions aided by veteran mentors — think Patrick Mahomes behind Alex Smith or Josh Allen learning from veterans in Buffalo. Cousins’ reputation as a film junkie and prepared professional makes him an excellent teacher.

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Not everyone is convinced the fit is perfect. Some analysts note Cousins’ age and the physical demands of starting in the AFC West, where defenses like those of the Kansas City Chiefs and Denver Broncos remain stout. Others point out that rookies at quarterback often take the reins faster than expected, potentially shortening Cousins’ window as a starter.

Still, the consensus around the league is that Las Vegas struck a pragmatic deal. “Cousins can stabilize the position,” one league source familiar with the discussions told The Athletic earlier in the process. With the draft approaching and training camp on the horizon, the Raiders now have clarity at a critical spot.

Cousins is expected to join the team in the coming days to begin learning the playbook and building chemistry with teammates. The Raiders open the 2026 regular season in September, likely with high expectations for defensive improvement and incremental offensive growth.

For Cousins, the signing caps a turbulent offseason that began with his release from Atlanta and included interest from several suitors. For the Raiders, it signals a commitment to blending youth and experience as they aim to climb out of the cellar in a competitive conference.

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As one of the more accomplished quarterbacks available in free agency, Cousins’ decision to join Las Vegas could have ripple effects across the league, particularly for teams like the Steelers if Aaron Rodgers opts out of 2026 or the Rams seeking depth.

The NFL world will watch closely to see how quickly Mendoza develops and whether Cousins can deliver one more productive chapter in a career defined by quiet competence and durability. At minimum, the Raiders have added a proven leader who knows how to win games and prepare the next generation.

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Form DEF 14A NUWELLIS For: 2 April

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Iridium Communications Stock Surges 11% on Q1 Earnings Call Announcement Amid Satellite Growth Momentum

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Iridium Communications Inc

Shares of Iridium Communications Inc. jumped more than 10% in early trading Thursday after the satellite services provider announced the release date for its first-quarter 2026 financial results, signaling investor optimism about the company’s expanding role in global connectivity and positioning, navigation and timing technologies.

Iridium Communications Inc
Iridium Communications Inc

Iridium (NASDAQ: IRDM) shares climbed as high as $31.64, up $3.12 or 10.94%, by mid-morning on the Nasdaq. The stock had closed Wednesday at $28.52. Volume surged well above average as traders reacted to the news that the company will release Q1 results and host a conference call on April 23.

The announcement comes as Iridium positions itself for potential acceleration in non-terrestrial network services, including direct-to-device connectivity and complementary PNT solutions, even as it navigates a year of moderated revenue growth following a solid 2025 performance.

Iridium, operator of the world’s only truly global satellite constellation with 66 low-Earth orbit satellites plus spares, provides voice, data and IoT services that reach every inch of the planet, including poles, oceans and remote land areas where terrestrial networks fail. Its services are critical for maritime, aviation, government, emergency response and industrial IoT applications.

In February, the company reported full-year 2025 results showing total revenue of approximately $871.7 million, up about 5% from the prior year, driven largely by demand for IoT solutions and deeper integration of its technology into mission-critical applications. Service revenue, which accounts for the bulk of recurring income, rose steadily, while equipment sales fluctuated.

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For 2026, Iridium guided for total service revenue growth of flat to 2%, with operational EBITDA expected between $480 million and $490 million. The outlook incorporates a roughly $17 million headwind from shifting incentive compensation entirely to cash rather than a mix of cash and equity. Without that accounting change, OEBITDA would have been projected in the $497 million to $507 million range.

CEO Matt Desch highlighted the resiliency of Iridium’s business model in the earnings release. “Revenue growth of 5% in 2025 was driven by ongoing demand for IoT and a deeper integration of Iridium technology into mission-critical applications. Our expanding roster of business partners and new services continue to demonstrate the resiliency of our growth opportunities and underscore Iridium’s unique role in the satellite industry,” he said.

The company ended 2025 with about 2.54 million billable subscribers, up from the prior year. Government service revenue, anchored by the seven-year Enhanced Mobile Satellite Services contract with the U.S. Space Force worth $738.5 million, grew modestly due to contractual rate increases.

Investors appear to be betting on several emerging catalysts that could drive upside beyond the conservative 2026 guidance. Iridium has made significant progress on its NTN Direct service, which enables direct satellite connectivity to standard smartphones and other consumer devices without specialized hardware. Successful on-air testing of two-way messaging was announced earlier in the year, putting the company on track for commercial launch later in 2026.

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Partnerships with major players such as Vodafone IoT for NTN NB-IoT connectivity and Qualcomm for integration into tactical radios underscore Iridium’s push into the direct-to-device ecosystem. These developments come as mobile operators and device makers increasingly explore hybrid terrestrial-satellite solutions to close coverage gaps.

Iridium is also advancing in complementary PNT services, which provide backup or enhanced positioning when GPS signals are jammed, spoofed or unavailable. The company secured a contract with the U.S. Department of Transportation for PNT deployment and testing, and it continues to integrate capabilities from its 2023 acquisition of Satelles.

Government contracts remain a cornerstone. In December 2025, Iridium won a five-year indefinite delivery/indefinite quantity contract worth up to $85.8 million from the U.S. Space Force for system infrastructure transformation and hybridization. In January 2026, it was awarded a spot on the Missile Defense Agency’s SHIELD IDIQ contract with a potential ceiling of $151 billion, opening doors for rapid delivery of innovative capabilities to the warfighter.

Analysts have mixed but generally constructive views. Consensus rating hovers around “Hold,” with an average price target near $25 to $29, though some forecasts see higher potential amid growth in new technologies. Argus raised its target to $29 in early April. Morgan Stanley maintained an equal-weight rating but lifted its target to $26 earlier in the year. Institutional ownership remains strong, with firms like Citigroup increasing stakes significantly in recent quarters.

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The stock’s recent volatility reflects broader satellite sector dynamics. Iridium has traded in a 52-week range from about $15.65 to $33.34. Thursday’s surge pushed it toward the higher end, building on momentum from earlier positive developments, including successful NTN tests that sent shares up double digits in January.

Iridium’s business model emphasizes high margins and strong cash generation. Operational EBITDA for 2025 reached $495.3 million. The company has maintained a quarterly dividend of $0.15 per share, returning capital to shareholders while funding growth initiatives.

Challenges include moderating IoT growth momentum in some segments and increasing competition from low-Earth orbit constellations like SpaceX’s Starlink, which focuses more on broadband. Iridium differentiates itself through its pole-to-pole coverage, proven reliability for voice and narrowband data, and focus on specialized, high-value applications rather than mass-market broadband.

Desch and the management team have emphasized building an ecosystem of partners to accelerate adoption of new services. Presentations at industry events such as SATELLITE 2026 highlighted opportunities in hybrid networks and government programs.

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With Q1 2026 earnings approaching on April 23, investors will look for updates on subscriber trends, progress toward NTN Direct commercialization, PNT contributions and any color on engineering and support revenue, which the company expects to increase in 2026.

Longer-term, Iridium has signaled confidence in generating $1.5 billion to $1.8 billion in free cash flow through 2030, supported by its constellation’s longevity — the current satellites have substantial remaining life — and disciplined capital allocation. Net leverage stood at 3.4 times OEBITDA at year-end 2025, with a target of 3.0 times or below by the end of 2026 and below 2.0 times by decade’s end.

The company continues to pay down debt while investing in network enhancements. Its constellation provides unmatched redundancy and global reach, making it indispensable for users in aviation, maritime shipping, mining, oil and gas, and humanitarian operations.

Thursday’s stock reaction suggests the market is pricing in potential positive surprises in the upcoming quarter or excitement around the direct-to-device timeline. Some observers noted that previous earnings-related announcements have preceded meaningful price moves.

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For a company founded on the vision of ubiquitous mobile satellite communications, Iridium finds itself at an inflection point. As terrestrial 5G and future 6G networks expand, satellite integration via standards like 3GPP NTN becomes more feasible. Iridium’s first-mover progress in testing and partnerships could yield meaningful new revenue streams in the latter half of this decade.

Still, execution risks remain. Commercializing direct-to-device services requires carrier adoption, device compatibility and regulatory approvals across markets. PNT growth may prove lumpy depending on government program timing. The flat-to-low-single-digit service revenue guidance for 2026 reflects a cautious near-term view amid those dynamics.

Wall Street will scrutinize management commentary on April 23 for any upward revisions or accelerated timelines on new initiatives. In the meantime, Iridium’s steady cash flow, government backlog and technological edge provide a buffer in a competitive satellite landscape.

Shares of other satellite operators showed mixed performance Thursday, with the broader market reacting to macroeconomic data and sector-specific news.

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Iridium employs approximately 600 people and is headquartered in McLean, Virginia, with operational centers supporting its global network.

As one of the few pure-play satellite communications companies with a fully operational LEO constellation, Iridium continues to attract attention from investors seeking exposure to the growing space economy and resilient connectivity plays.

Whether the current rally sustains will depend on upcoming results and tangible progress on 2026 catalysts. For now, the market appears to be rewarding the company’s consistent execution and forward-looking investments in next-generation services.

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Top 10 U.S. markets for first-time homebuyers in 2026

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Top 10 U.S. markets for first-time homebuyers in 2026

A shift in the U.S. housing market may finally be opening the door for first-time homebuyers as improving affordability and rising inventory create new opportunities across several key regions.

Jacksonville, Florida, leads the list as the top market for first-time buyers this year, followed by Birmingham, Alabama; San Antonio, Texas; Atlanta, Georgia; and Houston, Texas. 

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Each of these cities is benefiting from a more favorable balance of home prices, available inventory and buyer competition, according to a new Zillow analysis.

Zillow’s rankings are based on several key factors, including rent burden, the share of affordable listings, inventory relative to renters and the concentration of buyers in their prime homebuying years. 

The top 10 markets for first-time buyers in 2026 are:

Jacksonville, Florida

Aerial view of Jacksonville cityscape at dusk

Jacksonville, Fla., at dusk (iStock / iStock)

Jacksonville ranks first, with rent consuming 23.1% of income. Nearly 47.8% of listings are considered affordable, supported by relatively strong inventory at 5.9 homes per 100 renters.

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INSIDE AMERICA’S MOST GUARDED ENCLAVE: A RARE LOOK AT FLORIDA’S ‘NO BUDGET’ BILLIONAIRE BUNKER

Birmingham, Alabama

Birmingham stands out for affordability, with more than 55.6% of homes within reach and 6.2 listings available per 100 renters.

San Antonio, Texas

With a lower rent burden of 20.2% and 47.4% of listings deemed affordable, San Antonio offers a balanced entry point for buyers.

Atlanta, Georgia

About 45.2% of listings are affordable in Atlanta, where moderate competition is paired with steady inventory levels.

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PENN PROFESSOR SAYS ZILLOW ‘SYSTEMATICALLY DECEIVES CONSUMERS’ ABOUT AGENT CONNECTIONS

Houston, Texas

aerial view of Houston Texas downtown

Skyscrapers in downtown Houston, Texas (iStock / iStock)

Houston’s affordability rate sits around 40.2%, supported by a large population of buyers in their prime homebuying years.

St. Louis, Missouri

Affordability is a key strength in St. Louis, where 67.7% of listings fall within reach for first-time buyers.

Detroit, Michigan

Nearly 64.8% of homes in Detroit are affordable, combined with relatively manageable competition.

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MARK ZUCKERBERG AND GOOGLE’S BRIN CLOSE ON MASSIVE MIAMI ESTATES WORTH OVER $220M COMBINED

Raleigh, North Carolina

Raleigh benefits from a low rent burden of 18.4%, with about 48% of listings remaining affordable.

Baltimore, Maryland

Baltimore Skyline

Baltimore skyline (Edwin Remsberg/VWPics/Universal Images Group via Getty Images / Getty Images)

Approximately 61.8% of homes are affordable in Baltimore, though inventory is tighter at three listings per 100 renters.

Louisville, Kentucky 

Louisville rounds out the top ten, with 54.1% of listings considered affordable and a steady supply of homes.

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Mortgage rates are still elevated, and housing inventory sits about 20% below pre-pandemic levels. Still, conditions have improved from a year ago, with more homes available and modest gains in affordability, according to Zillow.

“First-time buyers are finally seeing some light at the end of the tunnel,” Orphe Divounguy, senior economist at Zillow, said in a statement. 

Affordability is still a challenge, but rising incomes, stabilizing prices and improving inventory are creating real opportunities in parts of the country.”

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United Airlines raises checked bag fees up to $50 starting Friday

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United Airlines raises checked bag fees up to $50 starting Friday

United Airlines is raising checked bag fees by $10 to $50 for travelers purchasing tickets starting Friday, the company confirmed to Fox Business on Thursday.

The increase, which the airline said marks its first bag fee hike in two years, comes after JetBlue announced similar measures in late March. 

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Customers flying within the U.S., Mexico, Canada and Latin America can expect a $10 increase on first and second checked bags, while the fee for a third bag will jump by an additional $50.

The airline did not specify whether the price increase was tied to higher jet fuel costs stemming from the recent Iran war, which has drastically disrupted global oil markets. However, United CEO Scott Kirby warned in recent weeks that sustained higher jet fuel costs could strain company revenue. 

JETBLUE HIKES BAGGAGE FEES BY UP TO $9, CITING RISING FUEL PRICES AMID IRAN WAR

United Airlines airplanes

United Airlines airplanes proceed to a runway at Newark Liberty International Airport on January 27, 2024, in Newark, New Jersey. (Gary Hershorn / Getty Images)

“United is raising first and second checked bag fees by $10 for customers traveling in the U.S., Mexico and Canada and Latin America beginning with tickets purchased Friday, April 3,” the airline said.  

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Currently, tickets sold through April 2 list prepaid bag fees at $35 for the first bag, $45 for the second, and $150 for the third. Starting Friday, those fees will increase to $45, $55, and $200, respectively.

Similarly, bags paid within 24 hours of travel currently cost $40 for the first bag, $50 for the second, and $150 for the third. Starting Friday, those fees will increase to $50, $60, and $200, respectively.

“Customers in most markets will still enjoy a $5 discount if they prepay for their bags online 24 hours before their flight,” the airline said, referring to the first two bags. 

DESTROY THE REGIME’S POWER WITHOUT OCCUPYING IRAN: A SMARTER WAR PLAN

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Travelers at LAX

Travelers gather with their luggage in the international terminal at Los Angeles International Airport (LAX) on June 25, 2024 in Los Angeles, California.  (Mario Tama / Getty Images)

The airline emphasized that eligible passengers — such as United Chase credit card holders, MileagePlus Premier members, active military members, and travelers in premium cabins — can still check a bag for free. 

Earlier in March, Kirby acknowledged the rising pressure from higher jet fuel prices, noting that over the course of a year, the increased costs could exceed twice the company’s most profitable year.

“The reality is, jet fuel prices have more than doubled in the last three weeks,” the CEO wrote in a memo to employees. “If prices stayed at this level, it would mean an extra $11B in annual expense just for jet fuel. For perspective, in United’s best year ever, we made less than $5B. That may sound scary, but the first piece of good news is that, for now at least, demand remains the strongest we’ve ever seen. The 10 biggest booked revenue weeks in our history have been the last 10 weeks.”

WALTZ SAYS TRUMP IS USING IRAN’S OWN OIL STRATEGY AGAINST ITSELF TO DRIVE DOWN GLOBAL PRICES

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Scott Kirby

United Airlines CEO Scott Kirby speaks to reporters after a joint press event on December 13, 2022.  (LOGAN CYRUS/AFP via Getty Images / Getty Images)

Earlier this week, JetBlue Airways also raised its checked bag fees for economy passengers, citing disruptions in global oil supply from the ongoing Iran war. Under the new structure, the first checked bag now costs about $39 on non‑peak days and about $49 during peak travel periods, up roughly $4–$9 compared with previous rates.

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When an airline raises fees, competitors often follow. However, there have been no additional indications yet from American Airlines, Delta Air Lines, Southwest Airlines, or Frontier Airlines that they plan to take similar measures.

Fuel costs have surged to multi-year highs after the U.S.–Israel conflict with Iran erupted on Feb. 28, disrupting roughly 20% of the global oil supply that normally flows through the Strait of Hormuz.

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Ticker Security Last Change Change %
UAL UNITED AIRLINES HOLDINGS INC. 92.21 -2.87 -3.02%

As of Thursday, jet fuel in major U.S. markets averaged $4.88 per gallon, up more than 95% from the day before the war began, according to Argus data published by Airlines for America.

FOX Business’ Eric Mack contributed to this report. 

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Energy Fuels: From Hold To Buy As The Story Changes (NYSE:UUUU)

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Energy Fuels: From Hold To Buy As The Story Changes (NYSE:UUUU)

This article was written by

I’m a Portfolio manager (flexible equity funds and private clients), fundamental equity research, macro and geopolitical strategy.Over 10 years across global markets, managing multi-asset strategies and equity portfolios at a European asset manager.I combine top-down macro, bottom-up stock selection and real-time positioning (Bloomberg, models, data).I focus on earnings, tech disruption, policy shifts and capital flows — to identify mispriced opportunities before the market.On Seeking Alpha I share high-conviction ideas, contrarian views and deep breakdowns of both growth and value names.For more insights: follow me on X @AgarCapital

Analyst’s Disclosure: I/we have a beneficial long position in the shares of UUUU 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 investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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