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Walmart Inc. (WMT) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

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

Simeon Gutman
Morgan Stanley, Research Division

Okay. Hello. Thank you. Welcome, everybody. I’m Simeon Gutman, Morgan Stanley’s hardline, broadline food retail analyst. My pleasure to welcome Daniel Danker, EVP, AI Acceleration and Product Design from Walmart, most recently with Instacart as Chief Product Officer in Online Grocery. Thank you, Walmart, for being here third year in a row, and it probably took 3 years to be annointed as a tech company.

I recently — one introduction for Daniel before we get into this, I was talking with Doug about 2 months ago as an outgoing conversation. We talked about some of his hardest decisions, and we asked — I asked him about one of his best decisions. I didn’t know Daniel yet, but he mentioned it was hiring Daniel as someone at the enterprise level who can help advance AI. So high expectations, sorry about that.

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Pop-up restaurant planned for vacant Clifton Village site empty since 2021

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Business Live

Developers preparing permanent redevelopment plans for the Bristol location

The vacant site in Clifton Village, Bristol

The vacant site in Clifton Village, Bristol(Image: Bristol Live)

A site in the middle of Clifton Village that has been unused for years could soon welcome a ‘temporary pop-up restaurant’ – with the developers who’ve acquired the site preparing proposals for a permanent structure there by year’s end.

The location was formerly a small parade of shops between Clifton Down Avenue and the Clifton Arcade, and subsequently housed an ice rink for several winters during the 2010s. In 2021, the structures there were knocked down and for the past five years it’s sat empty and cordoned off, despite a series of plans to construct offices, flats and retail units there.

Now, a fresh developer named Speare Developments says it has a new vision for its future which they aim to unveil later this year, but in the interim, it has lodged a planning application for a temporary ‘pop-up’ eatery to occupy the space.

Should this receive approval it’s anticipated to operate for a couple of years, whilst Speare attempts to secure planning consent for its long-term proposals, reports Bristol Live.

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“This site has been derelict for too long,” a representative for Speare Developments said. “A pop-up restaurant presents an exciting opportunity to bring the site to life and improve its appearance whilst we develop permanent plans.

“We want the site to be open and active again, not fenced off and forgotten. There’s still a long way to go. As with any brownfield site, there are complex technical constraints that have the potential to affect the viability of a temporary scheme, but we are working through them.

“With that being said, we are serious about making this area better and we’re excited to explore Clifton’s strong identity as we prepare plans for the site’s long-term future.”

An artist's sketch of the planned temporary pop-up restaurant in the heart of Clifton Village

An artist’s sketch of the planned pop-up restaurant in the heart of Clifton Village(Image: Speare Developments)

Speare said the restaurant would be ‘designed to complement Clifton Village’s tapestry of independent traders’. “Speare Developments has been actively engaging with local businesses to understand how a new restaurant could work collaboratively with the existing community,” the representative said.

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“Whilst the name and the operator are yet to be finalised, the pop-up restaurant is expected to operate for approximately two years while plans for the permanent development are formed and a planning application is decided.

“Long-term plans are expected to include a residential-led scheme with a mixture of ground floor commercial uses.”

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Developer plans townhouses for $2.9m Karrinyup site

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Developer plans townhouses for $2.9m Karrinyup site

A local developer is hoping to transform the former medical practice after purchasing the property for $2.85 million.

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Avoid big bets, protect portfolios amid geopolitical tensions: Analysts

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Avoid big bets, protect portfolios amid geopolitical tensions: Analysts
Mumbai: The sharp decline in Indian equities of late has shifted the conversation among wealth advisors from chasing returns to protecting portfolios.

Advisors say the immediate priority is defence as geopolitical tensions cloud the near-term outlook for markets.

“Events are unfolding, and it is difficult to predict how things will pan out over the next few days. Investors should work towards protecting their portfolios, and not make aggressive equity bets, but have a wait-and-watch approach,” says Juzer Gabajiwala, director, Ventura Securities.

Geopolitical tensions have dragged the Nifty 50 down 7% from its February 3 peak of 26,341. Over three months, the index is lower by 4.4%, though it still shows a 9.6% gain over the past year.

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Avoid Big Bets, Protect Portfolios Analysts Advise Caution Amid Geopolitical HeatAgencies

Money Plan Investors needing funds within 6 months may consider exiting now; Fresh investments should be guided by disciplined asset allocation

Financial planners caution investors against making hasty lump-sum allocations to equities, noting that the duration of the conflict and its potential impact on oil prices remain uncertain.


“Historically, it has been seen that the impact of oil and geopolitical issues could take anywhere between 1-6 months to settle down, and for the markets to come back to normal,” says Vishal Dhawan, founder, Plan Ahead Wealth Advisors.
Dhawan says investors with near-term liquidity needs should review their portfolios carefully. “Those who need liquidity within the next six months could exit right now, while those who have a year could wait for some time before withdrawing money,” he says. While some wealth managers see opportunity in the correction, they emphasise that any fresh investments should be guided by disciplined asset allocation.

“The current shake-up offers a good entry point,” says Nirav Karkera, head of Research, Fisdom. He recommends sticking to asset allocation and adding to large-cap oriented funds in a staggered manner over the next three months.

Some advisors say corrections can also be an opportunity to rebalance portfolios back to the intended asset allocation if equity exposure has drifted higher after the long market rally.

Diversification, advisors say, remains the bedrock of portfolio protection during periods of volatility.

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“Debt acts as a cushion against an equity market downturn, while gold acts as a portfolio stabiliser and defensive asset,” said Karkera.

For equity enthusiasts, investors could go for large-cap-oriented funds rather than taking aggressive exposure to more volatile segments of the market.

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West Asia tensions rattle capital goods stocks; L&T, KEC slide

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West Asia tensions rattle capital goods stocks; L&T, KEC slide
ET Intelligence Group: The stocks of engineering and capital goods companies having exposure to the West Asia are under pressure since February 27 amid the conflict between Iran and Israel. The BSE Capital Goods index has fallen by nearly 4% in three trading sessions to March 04, driven by concerns over possible cancellations of projects in the region that may shrink the order book and limit the revenue visibility or delays in order execution thereby eroding profitability.

Among these stocks, Larsen and Toubro has fallen sharply by over 9% in the said period given its significant exposure to the West Asia countries. As of December 2025, the company had an outstanding order book worth ‘7.3 lakh crore. Of this, ‘2.7 lakh crore or 37% was from West Asia compared with 21% three years ago. In addition, the region accounted for 76% of the international orders in the latest December quarter. Over the past three years, size of the order book from the region has grown at a faster rate. Between December 2022 and December 2025, the West Asia order book grew at a compounded annual growth rate (CAGR) of 49.5% compared with 23.8% for the total order book.

West Asia Tensions Rattle Cap Goods Stocks; L&T, KEC SlideAgencies

BSE Capital Goods index down 4% in 3 sessions, fear of regional project cancellations grow

In West Asia, L&T has major contracts in Saudi Arabia in areas including hydrocarbons and power transmission and distribution. “While it is difficult to assess the current situation, we estimate that L&T’s core earnings will be negatively impacted by 11-12% for FY27 and FY28, assuming a three-month execution delay and low order inflow mainly in the hydrocarbon segment,” mentioned Emkay Global Financial Services in a report.

KEC International is another company likely to be affected by the conflict as it draws an estimated 20% of its nearly ‘37,000 crore worth of outstanding order book from the region. According to Emkay, KEC’s factories in the United Arab Emirates (UAE) are shut amid the conflict, implying a revenue hit of ’50 crore per day. Assuming a three-month delay in execution, the broking firm estimates 3-4% hit on earnings for FY27 and FY28. KEC’s stock has lost nearly 9% since February 26.

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In the case of Kalpataru Projects International, the impact is expected to be limited since its current project in the region is in the final stage. The company has bid for five projects in the region as of December and their awarding may be delayed due to the current situation thereby reducing revenue visibility.


Among other companies, Engineers India (EIL) has exposure to West Asian markets with consultancy assignments. “Escalation in regional tensions could delay fresh project awards, elongate tender finalization timelines, and moderate consultancy inflows in the near term,” stated PL Capital in a report. The stock has lost nearly 9% in the past three trading sessions.

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Thick revealed as Screenwest chair

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Thick revealed as Screenwest chair

Senior resources sector figure Phil Thick has been appointed chair of Screenwest effective immediately, succeeding John Driscoll after his seven-year tenure.

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Negative Breakout: These 7 stocks cross below their 200 DMAs

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The Economic Times

In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 4, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:

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Best Mother of the Bride Dresses for Spring, Summer, Fall & Winter

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Best Mother of the Bride Dresses for Spring, Summer, Fall & Winter

Weddings are full of emotion, detail, and that delicious feeling of celebration — and you, as the mother of the bride, get to look radiant while feeling comfortable and confident.

Whether you’re leaning toward a timeless champagne mother of the bride dresses or exploring other silhouettes, I’m here to walk with you through season-by-season picks, styling tips, and what to watch for so you look — and feel — like the most proud, stylish version of yourself. Ready? Let’s go.

Why champagne works all year

A champagne mother of the bride dress is a quietly glamorous choice: neutral enough to coordinate with many palettes, but warm and luminous enough to photograph beautifully. Champagne works especially well when you want elegance that doesn’t compete with the bride’s gown. If you love a soft metallic glow, consider champagne for its versatility — it reads romantic in spring, luminous in summer, cozy against fall tones, and refined in winter. Fun fact: many retailers offer extensive champagne collections, from chiffon two-pieces to sequin-embellished gowns, giving you lots of ways to interpret the hue. Mondressy.

Spring: light fabrics, pastels, and floral details

In spring we want airiness and a gentle color. Think chiffons, organza overlays, and soft lace — fabrics that move with you during outdoor photos and feel light when the day warms up. Pastel tones and floral motifs are current favorites for spring MOB looks, and silhouettes like tea-length A-lines or three-quarter sleeve sheath dresses strike a lovely balance between formal and comfortable. When choosing, ask: will the ceremony be outdoors or in a chilly chapel? Layering with a delicate bolero or a matching jacket is a smart move.

What to try: chiffon A-line with a lightweight jacket, or a tea-length lace dress in blush or champagne with minimal jewelry. Pro tip: choose breathable linings to avoid overheating.

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Summer: breathable silhouettes and sun-smart choices

Summer weddings call for cool, breathable choices. Flowing silhouettes, sleeveless or cap-sleeve designs, and fabrics like chiffon and silk blends will keep you comfortable for cocktail hours and long photo sessions. If your venue is a beach or garden, lighter hems and breathable fabrics are your best friends. Also consider practical details: a dress with pockets (yes, please) or a modest slit for comfortable walking.

What to try: a sleeveless sheath or an A-line chiffon dress in a light champagne or soft coral. Bring a stylish wrap for evening photos when temperatures dip.

Fall: jewel tones, texture, and rich fabrics

For fall, the season loves depth: richer colors (think emerald, burgundy, deep navy) and textured fabrics like velvet, heavier lace, or satin. Sequins and subtle metallic thread can look seasonally perfect, especially for evening celebrations. If you prefer champagne, pair it with warm accessories — bronze or cognac shoes, a velvet clutch, or a statement shawl — so the look reads autumnal and intentional. Many stylists recommend considering the wedding’s color story and matching the dress’s warmth to the palette.

What to try: a long-sleeve satin dress, or a champagne gown with beaded detail and a tailored jacket.

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Winter: glamour, coverage, and festive touches

Winter weddings invite more formality: full-length gowns, sleeves, and luxe embellishment. A champagne mother of the bride dress with sequins, beading, or a coordinating cape can be spectacular for an evening winter affair. Consider fabrics with a little more weight and structure, and don’t be afraid of drama — velvet trims, embellished collars, and metallic accents look right at home with twinkling lights and candlelit venues.

What to try: a floor-length champagne gown with a matching embellished jacket or a cape detail for warmth and visual interest.

Silhouettes that flatter most body types

You and I both know fit is everything. While trends come and go, some silhouettes reliably flatter many shapes:

  • A-line: gently cinches at the waist and flows over hips — a perennial favorite.
  • Sheath: sleek and modern; great for taller frames or intimate venues.
  • Empire waist: sits under the bust and skims the body — wonderful for comfort and movement.
  • Two-piece sets or dress-and-jacket combos: perfect for coverage and for mixing/separating pieces in photos.

Don’t forget tailoring. A simple hem or nip-in at the waist can make an off-the-rack dress look custom-made.

Fabrics, finishes, and practical details to check

When you try dresses, check the lining, sleeve construction, and closures. Breathable linings, cleanly finished seams, and comfortable sleeve openings make a big difference on the day. If you plan to dance, make sure you can sit, bend, and move without tension across the shoulders. Fabrics to consider by season:

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  • Spring/summer: chiffon, organza, lightweight lace.
  • Fall/winter: satin, crepe, velvet, heavier lace.
  • Year-round: crepe and structured chiffon are versatile choices.

Accessorizing: the cherry on top

Shoes, clutches, and jewelry transform your dress. For a champagne dress, I love warm metals — rose gold or soft gold — and pearls for timeless elegance. A statement brooch on a jacket or a silk scarf can personalize your look. If the bride has a defined color palette, ask to coordinate rather than match — complementary is kinder than identical.

Final checklist before you say “yes”

  • Does it fit well when you sit, walk, and hug?
  • Is the fabric climate-appropriate for the venue and season?
  • Do you feel like you’re in it — not like you’re wearing someone else’s outfit?
  • Can it be tailored if needed?
  • Do your shoes and accessories work for standing and dancing?

Where to start shopping

If you want a great starting point, look for curated champagne and MOB collections where you can compare styles and fabrics in one place — many stores now group options by color and occasion for convenience. For example, there are extensive champagne collections that showcase everything from chiffon two-pieces to sequined gowns, giving you a quick way to envision seasonal looks.

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Norsk Hydro’s Qatar Aluminum Plant to Shut Down After Iran Attacks Cut off Gas Supply

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Norsk Hydro’s Qatar Aluminum Plant to Shut Down After Iran Attacks Cut off Gas Supply

Norwegian aluminum producer Norsk Hydro NHY 4.94%increase; green up pointing triangle said its Qatari smelter is shutting down after its joint-venture partner stopped supplying gas amid attacks from Iran.

QatarEnergy, the state-owned petroleum company of Qatar and Norsk Hydro’s partner on aluminum joint venture Qatalum, on Monday stopped production of liquefied natural gas after attacks against its energy facilities, and on Tuesday said it is halting the production of some downstream products in the country, including aluminum as well as urea, polymers and methanol.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Brokerage Regulator Finra Is Considering Changing Its Arbitration Rules. It Wants Public Feedback.

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Brokerage Regulator Finra Is Considering Changing Its Arbitration Rules. It Wants Public Feedback.

Brokerage Regulator Finra Is Considering Changing Its Arbitration Rules. It Wants Public Feedback.

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Opinion: Holy smokes, this tax has run out of puff

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Opinion: Holy smokes, this tax has run out of puff

OPINION: Tax increases just tinker around the edges when spending cuts are what’s needed.

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