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Mirum Pharmaceuticals stock hits all-time high at 103.94 USD

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US Stock Market | Wall Street bounces back, ending higher on renewed tech vigor, easing AI concerns

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US Stock Market | Wall Street bounces back, ending higher on renewed tech vigor, easing AI concerns
Wall Street closed higher on Tuesday, with tech stocks leading the charge as renewed enthusiasm for artificial intelligence offset concerns over potential disruptions caused by the nascent technology.

Speculation regarding AI’s possible impact on a wide variety of sectors has prompted oversized moves in stocks and indexes in recent weeks, with Monday’s steep decline the latest example of on-again, off-again risk appetite amid ‌these uncertainties.

“We’re in ⁠for a ⁠period of time where the market will be going through some uncertainty and today we’re seeing a little bit of a buy on the dip,” said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. “We’re going to see day-to-day movements but overall, there’s so much unknown in terms of how AI ends up being additive or disruptive to some of these companies.”

All three major U.S. stock indexes posted solid gains on the session, with semiconductors outperforming.

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The battered S&P Software & Services index posted gains. Artificial intelligence lab Anthropic announced several new plug-ins targeting areas such as investment banking and human resources, weeks after its earlier releases stoked a selloff ⁠of traditional software stocks.


The ‌company said its new plug-ins were developed jointly with partners, among them Thomson Reuters, which owns Reuters news agency, Salesforce and FactSet.
Other sectors ranging from commercial real estate to trucking and logistics have recently logged steep declines, as AI ⁠developments gave rise to concerns of industry-specific disruptions. “Anthropic’s been busy with announcements that their product is going to do all these new and sort of wonderful things,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “It’s still early on in the process and certainly acceptance and the application of these tools is probably still a ways away.” Monetary policymakers weighed in on AI’s potential impact on the labor market. Federal Reserve Governor Lisa Cook said the technology could lead to a possible rise in the unemployment rate, while Fed Governor Christopher Waller said he does not expect AI to disrupt the labor market. The U.S. Supreme Court’s decision on Friday to strike down many of President Donald Trump’s tariffs, and ‌Trump’s subsequent threat to implement a fresh round of levies against goods imported from abroad, remained a source of lingering uncertainty. “There are still questions about the deals that were in place already,” Pavlik said. “What happens to those? Are they still happening?”

According to preliminary data, the S&P 500 ⁠gained 52.70 points, or 0.77%, to end at 6,890.45 points, while the Nasdaq Composite gained 239.91 points, or 1.06%, to 22,867.18. The Dow Jones Industrial Average rose 377.40 points, or 0.77%, to 49,181.46. Airlines and travel/leisure-related stocks , which were battered on Monday in the wake of a winter storm that paralyzed much of the Northeast, enjoyed robust rebounds. Home Depot, another Dow component, gained after the home-improvement retailer beat fourth-quarter estimates and maintained its annual forecasts. Advanced Micro Devices announced it would sell up to $60 billion in AI chips to Meta Platforms over the next five years in a deal that would allow the Facebook parent to buy as much as 10% of the chipmaker. AMD shares jumped on the news. Keysight Technologies surged after the electronic equipment maker forecast second-quarter profit ahead of Wall Street estimates.

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How Investment Companies and Family Offices Are Shaping Urban Development

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A growing number of London’s entrepreneurs and micro-businesses are swapping traditional offices for coffee shops and cafes, with new research revealing that these venues are playing an increasingly vital role in the capital’s business ecosystem.

Urban development is increasingly influenced by long-term investors rather than short-term speculators.

An investment company or a family office typically looks beyond immediate returns and focuses on how areas evolve over decades. This approach is especially visible in projects that combine real estate, business ecosystems, and community spaces.

Unlike traditional property development, these investors often view cities as living systems. The goal is not just to build structures, but to support environments where businesses, residents, and public life can grow together. As cities across Europe rethink how industrial areas and unused districts can be repurposed, patient capital has become a critical driver.

The Different Roles of Investment Companies and Family Offices

While both investment companies and family offices deploy long-term capital, their structures and motivations can differ. A family office usually manages private wealth for one or several families, often prioritising capital preservation and multi-generational planning. An investment company, by contrast, typically operates with a broader mandate, structured governance, and external stakeholders.

Despite these differences, both often share similar investment horizons. This makes them well suited to complex urban projects that require time, flexibility, and sustained commitment. Developments involving mixed-use spaces, innovation hubs, or cultural districts rarely succeed under pressure for rapid exits.

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Krulli Quarter as an Example of Modern Urban Renewal

One of the most visible examples of this approach in Tallinn is Krulli Quarter. Located in a former industrial zone, the area is being transformed into a multifunctional urban environment that brings together offices, creative industries, public spaces, and local services.

Projects like Krulli Quarter reflect a broader shift in how cities grow. Instead of expanding outward, attention is turning inward, revitalising existing neighbourhoods and giving them new economic and social relevance. This requires investors who are willing to engage with local context, infrastructure challenges, and long planning cycles.

Why Location and Vision Matter to Investors

For both an investment company and a family office, location is more than a map reference. It determines talent access, mobility, sustainability, and long-term demand. Areas that support collaboration and adaptability tend to attract innovative businesses and resilient tenants.

Urban quarters designed with flexibility in mind are also better positioned to handle economic shifts. Spaces that can host startups today, scale-ups tomorrow, and community functions in between are more likely to remain relevant over time. This adaptability is often a key consideration for long-term investors.

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Strategic Capital in a Changing Urban Landscape

Companies such as Skaala operate within this broader investment landscape, focusing on long-term value creation rather than short-term gains. While structures may differ from family offices, the underlying principle is similar: capital should support sustainable growth, not just immediate returns.

As cities continue to evolve, collaboration between developers, municipalities, and long-term investors will become even more important. Urban projects are no longer just about buildings; they are about creating places that function economically, socially, and culturally.

Looking Ahead

The future of urban development depends on investors who understand time, context, and responsibility. Whether through an investment company or a family office, long-term capital will continue to play a defining role in shaping how cities like Tallinn grow and adapt.

Anyone considering a financial commitment should carefully evaluate their ability to repay and assess all conditions before making a decision. Borrow responsibly.

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Trump weighs requiring citizenship info from bank customers nationwide: reports

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Trump weighs requiring citizenship info from bank customers nationwide: reports

The Trump administration is mulling an executive order or a different action that would have banks collecting citizenship information from their customers, according to reports.

The Wall Street Journal reported Tuesday that Treasury Department officials have discussed steps that could have banks gathering citizenship information from customers in a move that would align with Trump’s crackdown on immigrants living in the U.S. illegally.

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According to sources familiar with the matter, the action could ultimately direct banks to request an unprecedented new category of documents — such as a passport — from customers looking to open or maintain accounts.

GOP FIREBRAND URGES TRUMP AGENCIES TO CLAW BACK MASSIVE TAXPAYER BENEFITS PAID OUT TO IMMIGRANTS

a person walking by Chase ATMs

A Chase bank branch in New York July 2, 2024.  (Jeenah Moon/Bloomberg via Getty Images / Getty Images)

The report said the discussions have worried banks, some of the sources said, as executives consider operational burdens and the legal risks of imposing new documentation standards on millions of customers.

HOW TO MAKE PRESIDENT DONALD TRUMP’S IMMIGRATION PAUSE STICK IN COURT

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Signage at a Bank of America branch in New York

Banks are not required to collect or verify citizenship status specifically. (Michael Nagle/Bloomberg via Getty Images / Getty Images)

Under existing “know-your-customer” rules, banks are required to collect certain identifying information to guard against money laundering and financial crimes.

That typically includes a customer’s name, date of birth, address and taxpayer identification number and, in some cases, a passport or Social Security number.

Banks are not required to collect or verify citizenship status specifically, and there is no prohibition on opening accounts for noncitizens living in the U.S. Banks also do not routinely share customers’ citizenship information with the federal government.

TRUMP ADMIN HIT WITH FEDERAL LAWSUIT OVER IMMIGRANT VISA BAN AFFECTING 75 COUNTRIES WORLDWIDE

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Sen. Tom Cotton, R-Ark.

Sen. Tom Cotton, R-Ark., said he supports the Trump administration “taking action to prevent illegal migrants from accessing our banking system.” (Bill Clark/CQ-Roll Call, Inc via Getty Images / Getty Images)

One option also under consideration is having the Treasury Department’s Financial Crimes Enforcement Network collect the information, according to people familiar with the matter.

One White House official reportedly said the potential executive order has been discussed within the Treasury Department but has not been approved.

Sen. Tom Cotton, R-Ark., shared a letter online that he had sent Treasury Secretary Scott Bessent last year and said the “American banking system is a privilege that should be reserved for those who respect our laws and sovereignty.”

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

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“I strongly support President Trump taking action to prevent illegal migrants from accessing our banking system,” Cotton wrote in an X post Tuesday.

FOX Business reached out to the White House for comment.

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Energy bills to fall in April after charges shake-up

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Energy bills to fall in April after charges shake-up

Changes announced in the Budget mean domestic energy prices should fall sharply in April.

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Royal Reels Inspiration for Turning Aussie Sheds into Fan Zones

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Electronic Arts, the gaming giant behind FIFA / EA Sports FC, The Sims and Battlefield, is set to leave the public markets under a record-setting leveraged buyout valued at $55 billion.

In Australia, the humble shed is more than just a spot to stash tools or knock together a DIY project — it’s practically sacred ground.

Traditionally, it’s been a place to escape the family chaos, but these days the shed’s potential stretches way beyond that. The old-school “man cave” has levelled up: now a steel shed can morph into a high-tech sports sanctuary. Forget just plonking a telly in the corner — this is about creating a proper setup that captures the atmosphere of the best sports bars.

Inspiration — Royal Reels Sports Bar

Royal Reels Australia, tucked away in suburban Sydney, has built a rep for its cracking atmosphere around live sport. It’s not just a bar, it’s a proper footy hub where the vibe hits as soon as you walk in.

Inside, dark timber mixes with soft leather, and the couches feel like you’ve scored a seat in a stadium VIP box. The polished concrete bar glows with LED strips, giving the place a slick, modern edge.

One of the big drawcards is the “History Zone” — plasma screens looping legendary sporting moments between live matches. It’s the kind of setup that gets punters reminiscing while waiting for the next kick-off. Lighting is zoned smartly: warm and cosy over the bar, pitch-black in the viewing area so the game takes centre stage.

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The venue screens a wide mix — rugby league, cricket, international football, tennis, even Formula 1. Anyone can wander in off the street, but there’s also a booking system through a mobile app. Tables and prime viewing spots can be reserved ahead of time, especially for the big-ticket events.

This mix of atmosphere, tech, and organisation has turned Royalreels into a benchmark for sports spaces. More about the venue can be found at Royal Reesl. In discussions of modern fan spaces, Royalereels is frequently highlighted as a model of innovation in layout and presentation.

Shaping Your Own Space

Before you start swinging a hammer, nail down the vision. Is your shed going to be a shrine to one sport — say rugby league or cricket — or a multi-sport arena covering everything from Formula 1 to the Aussie Open?

Going all-in on one sport lets you deck the place out with rare posters, signed jerseys, or autographed balls. But versatility has its perks too. Either way, this isn’t about making a buck — it’s about creating a magnet for mates who love the tactics and beauty of the game. It’s a lifestyle, not just a hangout.

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Tech Fit-Out — From Insulation to Screens

Turning a bare steel shed into a comfy sports den means tackling three biggies: climate control, lighting, and the screen.

  • Insulation & Climate: Aussie weather doesn’t muck around — sheds roast in summer and freeze in winter. Layer up with foil sarking plus 50–75 mm of mineral wool. Rubber tiles or carpet on the floor add soundproofing and comfort. A split-system air con will keep temps and humidity sweet.
  • Lighting: Rule number one — no daggy ceiling chandeliers. Keep the screen zone dark. Use wall-mounted spotlights or LED strips with dimmers around the ceiling. Over the bar or chill zone, go for pendant lights with a warm glow.
  • Screens: The heart of the sanctuary. For smaller sheds, a 65–75 inch TV does the trick. Bigger sheds call for an 85-inch monster or even a laser projector blasting out 120 inches of sporting action.

Once those three pillars are sorted — climate, lighting, and the screen — the place already feels like a proper sports den. The trick is mixing comfort with atmosphere, so the shed shifts from workshop vibes to stadium lounge energy. From there it’s easy to stack on the extras: sound that rattles the walls, décor that shows off the passion, and a bar to keep the cold ones handy.

Budget & Planning

Building your sports nook is scalable — start small and upgrade as you go. Here’s a quick comparison:

Category Entry Level (~$3,300 AUD) Premium (~$21,000 AUD)
Display 65″ 4K LED TV (TCL/Hisense) — A$1,200 98″ QLED or Laser Projector + Screen — A$8,000
Sound Soundbar + Subwoofer — A$400 5.1 Surround (Dolby Atmos) — A$2,500
Insulation DIY mineral wool + OSB — A$700 Pro soundproofing + finish — A$3,000
Climate Fan + heater — A$200 Inverter split-system — A$1,500
Furniture 2–3 chairs (IKEA/Kmart) + table — A$500 4 motorised cinema recliners — A$3,000
Décor/Bar Mini fridge + posters — A$300 Full bar, neon, keg fridge — A$3,000

The transformation shows how a simple shed can turn into a proper fan zone where sport takes centre stage.

Creating the Perfect Space

Transforming a shed into a sports sanctuary isn’t just a reno job — it’s about crafting a place where sport comes alive. The shed turns into a spot where mates pile in not for background chatter, but for the pure buzz of the game. It’s a fair-dinkum fan’s hideaway, knocked together with grit, passion, and a dash of creativity.

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Global Market Today: Asian stocks rise after tech-led rebound in US

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Global Market Today: Asian stocks rise after tech-led rebound in US
Asian stocks opened higher after a rally in technology shares lifted Wall Street benchmarks, tempering concern about the disruptive effects of artificial intelligence that had rattled markets for weeks.

Shares opened higher in Japan, South Korea and Australia, helping the MSCI Asia Pacific Index extend its advance to a third day. A rebound in the battered software stocks drove the Nasdaq 100 up 1.1%, while the S&P 500 also advanced, ahead of the key earnings from Nvidia Corp. on Wednesday. Advanced Micro Devices Inc.’s deal with Meta Platforms Inc. also boosted sentiment.

A Bloomberg gauge of the dollar was steady ahead of President Donald Trump’s State of the Union address late in Washington Tuesday. Treasuries were a touch lower with the yield on the benchmark 10-year rising almost one basis point to 4.04%. Gold pared some losses from the prior session, while Bitcoin headed for its worst month since crypto’s collapse of June 2022.

The disruptive potential of artificial intelligence has roiled stocks across sectors for weeks in what’s become known as the AI scare trade. Tuesday’s rebound followed comments from Anthropic PBC, which said it plans to build partnerships — easing concerns that its Claude chatbot technology will integrate with, rather than displace, existing businesses.

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“This ‘we’re here to help, not hurt’ message from Anthropic is helping to trigger a fairly healthy rebound rally in software,” said Adam Crisafulli at Vital Knowledge.


Before Tuesday’s recovery, investors had been skittish for weeks on AI-related selloffs targeting a range of industries such as software, insurance brokerage, wealth management and cybersecurity, among others.
Earlier this week, concerns over tariffs and geopolitics coupled with a report by Citrini Research and worries about the potential disruption caused by another tool from Anthropic were enough to send the stock market careening.While US stocks have been volatile, Asian markets have outperformed their global peers and largely avoided the tech volatility. The standout gainer was South Korea, which advanced as much as 1.2% to a record on Wednesday.

South Korea’s Kospi Index has gained about 43% this year and is the world’s best-performing stock market.

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What is the UK's new travel system and how are dual nationals affected?

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What is the UK's new travel system and how are dual nationals affected?

From 25 February, a new system will come into force which will affect many people, including British dual nationals.

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Anthony Albanese Is Safe, Secure Following Reported Bomb Threat That Forced His Evacuation

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Australia’s Prime Minister Anthony Albanese announcing the election date at a press conference in Canberra on March 28, 2025
Australia’s Prime Minister Anthony Albanese announcing the election date at a press conference in Canberra on March 28, 2025
AFP

Prime Minister Anthony Albanese is “all good” following a reported bomb threat that forced him to evacuate his official Canberra residence.

Albanese Comments on Security Threat

The prime minister took to social media to share an update following the “alleged security incident,” which authorities responded to at around 6 p.m. yesterday, according to 9News.

The social media post features Albanese’s dog, Toto, along with a caption that reads, “Toto on alert but all good.”

Albanese went on to thank the Australian Federal Police (AFP) for their “ongoing work and professionalism.”

You can view the full post below.

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What Happened?

According to The Guardian, Albanese had to be evacuated from the residence over what the report claims to be a threat involving explosives.

Albanese was able to return to the residence after a search was completed at around 9 p.m.

“A thorough search of a protection establishment was undertaken and nothing suspicious was located,” a statement on the incident said. “There is no current threat to the community or public safety.”

Finance Minister Katy Gallagher had also confirmed that a security incident had taken place at the official residence in Canberra.

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“Very troubling circumstances,” Gallagher said in an interview with ABC TV. “From our point of view, and [as] the prime minister has been saying months, we need to take temperature down.”

“We’ve seen in other countries there is political violence and threats against politicians, but here in Australia, we’re lucky able to get around and mix with the community and operate safely,” the finance minister added. “But this is just another reminder that there are threats out there and where there are threats, the police will take them seriously.”

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Alphabet Stock Holds Steady Near $312 Amid AI Spending Surge and Analyst Upgrades

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Microsoft CEO Satya Nadella says the US tech giant plans to invest $3 billion in India on AI and cloud infrastructure over the next two years

MOUNTAIN VIEW, Calif. — Alphabet Inc., the parent company of Google, saw its shares close at $311.69 on Monday, February 23, 2026, down 1.02% from the previous session but remaining resilient in a volatile tech sector. The stock has traded in a range of roughly $302 to $344 so far in 2026, reflecting investor confidence in the company’s AI investments despite broader market pressures from tariffs and economic uncertainty.

Google and Alphabet Inc. CEO Sundar Pichai says the internet giant is well position for an artificial intelligence era with technology it is building into its platform and services
AFP

Alphabet’s Class C shares (GOOG) and Class A shares (GOOGL) have gained more than 75% over the past 52 weeks, driven by strong performance in core businesses like Search, YouTube, and Google Cloud. The company’s market capitalization stands at approximately $3.77 trillion, making it one of the world’s most valuable firms. Recent analyst upgrades and earnings momentum continue to support the stock, even as capital expenditure forecasts raise questions about near-term profitability.

The latest catalyst came February 23 when Wells Fargo upgraded Alphabet from Equal-Weight to Overweight, raising its 12-month price target to $387 from $353. Analyst Ken Gawrelski cited Alphabet’s aggressive AI infrastructure expansion — from 15 gigawatts to 35 gigawatts by 2028 — as a key driver, positioning the company to outpace rivals in compute capacity. The upgrade implies about 22-24% upside from current levels, with Wall Street consensus around $338-340 per share.

Alphabet’s fourth-quarter 2025 earnings, reported February 4, 2026, beat expectations with revenue of $113.83 billion (up 18% year-over-year) and earnings per share of $2.82 (versus $2.59 expected). Google Services grew 14% to $95.9 billion, led by Search and YouTube, while Google Cloud surged 48% to $17.7 billion, driven by enterprise AI demand. Annual revenue topped $400 billion for the first time, a milestone shared with peers like Apple and Amazon.

Management guided capital expenditures for 2026 at $175 billion to $185 billion — potentially doubling prior levels — to fuel AI data centers, servers, and networking. CEO Sundar Pichai highlighted momentum in Gemini models, with the Gemini App reaching over 750 million monthly active users and first-party models processing more than 10 billion tokens per minute via API. YouTube crossed $60 billion in annual revenue across ads and subscriptions, underscoring diversified growth.

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Despite the positive earnings, shares have pulled back about 7% month-to-date amid concerns over AI spending sustainability. Investor Michael Burry questioned the scale of hyperscaler capex in a February 21 X post, estimating significant depreciation impacts and potential free cash flow declines for companies like Alphabet. Some analysts project Alphabet’s free cash flow could drop sharply in 2026 as investments ramp up, though others view the spending as essential to maintain AI leadership against Microsoft, Amazon, and Meta.

Institutional activity remains robust. Stevens Capital Management increased its stake by 401% in Q3 2025, while major funds like Norges Bank, JPMorgan, and Vanguard adjusted positions. Insider sales occurred, including CAO Amie Thuener O’Toole disposing of shares in early February, but overall ownership stays strong.

The stock’s valuation trades at a forward P/E around 22-24, considered reasonable given growth prospects. AI Overviews and AI Mode in Search are expanding usage, while Cloud’s $240 billion backlog signals sustained demand. Challenges include regulatory scrutiny, competition in AI, and macroeconomic factors like tariffs that could raise costs.

As Alphabet navigates 2026, its dual focus on core advertising strength and AI/cloud acceleration positions it well. The next earnings report is expected in late April, with analysts forecasting EPS around $2.67 for Q1 2026.

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With upgrades and AI tailwinds, Alphabet remains a cornerstone of tech portfolios, balancing short-term caution with long-term optimism.

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EML Payments Limited 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:EMCHF) 2026-02-24

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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