A survey from the Football Supporters’ Association has found that three-quarters of Premier League fans are against the use of VAR.
The research used around 8,000 supporters, with over half attending more than 15 home games per season.
Participants responded to a poll to determine their thoughts on the technology.
The results were pretty negative. More than 97 per cent of answers opposed to a statement that VAR makes watching football enjoyable.
90 per cent did not agree that it improves a matchday. 75.71 per cent of participants don’t support the technology in football.
The Video Assisted Refereeing technology was introduced to English top-flight football in 2019.
Back in 2018, it was used in its first major tournament, the World Cup in Russia.
So, with this damning consensus over VAR, did Brighton football fans agree? We put a call-to-action post on social media to find out.
Tony Bingham wrote: “VAR is the absolute ruination of the once beautiful game!
‘A minimum of three operatives monitoring the screens, more for certain games and tournaments.
‘Four officials on and by the pitch. Yet there is still human error on many occasions, when VAR has been incorrectly interpreted by the operators and the pitch-side referee.
“Play is stopped for minutes on end… the flow and passion of the game is totally diluted… SCRAP VAR.”
Danny Boxall added: ‘We should have it, but not how it is being implemented now.
‘Video assistant… (the) clue is in the title. It isn’t assisting, it’s refereeing the game.
‘Offside should go back to on field officials, they didn’t get that many wrong anyway, if there is a clear and obvious mistake (if you have to draw lines, it isn’t clear and obvious) and can be seen without the use of lines, then VAR should intervene.”
Julie Marriott expressed her dismay, commenting: ‘(It) takes the joy of watching football away. I delay celebrating a goal just in case.”
Ash Braders commented: ‘It won’t go away simple as that, but just common sense needs to be taken into consideration.
Stephen Jarvis vented his frustration at Albion related incidents. He commented: ‘Danny Welbeck had a goal disallowed because his shirt cuff was off side…
‘Lewis Dunk has had a goal chalked off for his lace being offside…
‘That isn’t the aim of VAR it’s to check blatant misdemeanours that the ref has missed.”
In Premier League fixtures between March 11th and 16th, the KMI Panel concluded that three penalties should have been awarded, but the VAR was correct not to step in.
A recent report from the BBC stated that VAR mistakes have risen across most categories in this Premier League season.
Compared to last season, the numbers are up across the board. VAR missed 15 interventions, officials made 25 on-field errors, and 11 second yellow cards were issued incorrectly
Tag: “consensus”
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Brighton fans react to shocking Premier League VAR survey
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WTO Talks End Without Full Consensus, But Digital Trade Deal Advances: NZ Pushes Reform Agenda
Global trade reform efforts faced a setback at the 14th World Trade Organization (WTO) Ministerial Conference in Yaoundé, Cameroon, as members failed to reach consensus on key proposals to modernise the multilateral trading system and extend a long-standing moratorium on tariffs for digital trade. However, New Zealand Trade and Investment Minister Todd McClay, who served as Vice Chair at the conference, said meaningful progress had been made—particularly in advancing a major plurilateral agreement on electronic commerce covering a substantial share of global trade. Reform Stalemate Highlights Deep Divisions Despite broad recognition of the need for reform, WTO members were unable to finalise agreements on two critical fronts: Modernisation of WTO rules and processes Extension of the WTO-wide ban on tariffs on digital trade flows ‘Disappointingly, we could not secure agreement in time,’ McClay said. ‘But there is clear consensus that the WTO must evolve to remain relevant in a rapidly changing global economy.’ The failure to renew the digital trade tariff moratorium at a multilateral level raises concerns among businesses and policymakers about potential fragmentation in global digital commerce rules. Breakthrough on Electronic Commerce Agreement In contrast, a coalition of 66 WTO members, representing approximately 70% of global trade, agreed to advance implementation of a new Electronic Commerce Agreement—a significant development for digital trade governance. The agreement underpins an estimated US$159 billion in trade and includes provisions aimed at: Ensuring predictable digital trade rules Preventing tariffs on electronic transmissions among participating members Supporting cross-border data flows and digital services trade ‘This is a major win for exporters and small businesses,’ McClay said. ‘It provides certainty in a space where rules have often lagged behind technological change.’ For New Zealand, where digital services and e-commerce are increasingly important export channels, the agreement is expected to enhance market access and reduce regulatory uncertainty. Strategic Diplomacy Across Major Economies On the sidelines of the conference, McClay held bilateral meetings with representatives from 17 countries, including major economic powers such as: United States China India European Union United Arab Emirates Saudi Arabia These engagements focused on strengthening trade relationships, addressing supply chain resilience, and advancing New Zealand’s broader trade agenda. Fuel Supply Security in Focus Amid ongoing global energy uncertainties, McClay also used the opportunity to discuss fuel supply chain resilience with key partners, including Singapore, South Korea, Saudi Arabia, and Malaysia. While New Zealand’s domestic fuel supplies remain stable, officials are increasingly prioritising diversification and security of supply in response to geopolitical risks and market volatility. Ongoing Push on Subsidy Reform New Zealand continues to advocate for reforms targeting fisheries and agricultural subsidies, which it argues distort global markets and disadvantage efficient producers. ‘These subsidies reduce returns for our exporters and undermine fair competition,’ McClay said. Progress in these areas remains complex, with negotiations often hindered by competing national interests and development priorities. Next Steps: Geneva Negotiations With a final agreement package still within reach, attention now shifts to Geneva-based negotiations, where WTO members will attempt to bridge remaining gaps. ‘Securing these outcomes will now be the priority,’ McClay said, signalling New Zealand’s continued commitment to multilateral trade reform. Bipartisan Representation The New Zealand delegation also included Labour Party Trade and Export Growth spokesperson Damien O’Connor, reflecting a degree of bipartisan alignment on the importance of international trade engagement. Global Trade at a Crossroads The mixed outcomes from the conference underscore the challenges facing the WTO as it seeks to adapt to: The rise of digital trade Increasing geopolitical tensions Diverging economic priorities among member states While multilateral consensus remains elusive, smaller group agreements—such as the Electronic Commerce Agreement—are emerging as pragmatic pathways
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Why Is Constellation Energy Stock Falling Tuesday? – Constellation Energy (NASDAQ:CEG)
Constellation Energy also outlined its 2026 outlook, emphasizing nuclear-led generation, long-term contracting, and disciplined capacity expansion as core growth drivers. EPS Outlook And Capital Allocation Constellation Energy initiated 2026 adjusted operating earnings guidance of $11.00 to $12.00 per share, versus an estimate of $11.92, reinforcing a strong multi-year earnings growth trajectory. The company expects base EPS to grow more than 20% from 2026 to 2029 and targets long-term rolling three-year base EPS growth above 10%. This outlook excludes potential upside from capturing premium value on 147 million MWh of nuclear generation and additional natural gas contracts. Constellation also expanded its capital allocation strategy, increasing its share buyback authorization to $5.0 billion. The company plans to invest $3.9 billion in growth capital across natural gas, storage capacity, and nuclear uprates. Nuclear Performance And Capacity Expansion The company said its nuclear fleet continues to outperform industry benchmarks, delivering capacity factors about 4% higher and producing more than 180 million MWh annually. That output generates over 8 million additional MWhs, enough to power roughly 6.6 million homes. Constellation also detailed plans to add or extend approximately 9,350 megawatts of capacity through nuclear uprates, restarts, renewables, storage, and new gas projects. Long-Term Contracting And Commercial Strategy The company is securing long-term, premium-priced contracts across utilities, corporations, and data centers, using its nuclear fleet as a foundation for a reliable, clean energy supply. It is also pairing nuclear with gas and renewable solutions. Constellation has already locked in more than 5,650 MW of long-term clean energy agreements, spanning nuclear, geothermal, battery storage, and data center-related deals. Financial Position And Portfolio Strength Constellation maintained investment-grade ratings of BBB+ and Baa1 following the Calpine acquisition and issued $2.75 billion in senior notes in early 2026, including long-dated debt. The company is also diversifying nuclear fuel sourcing through long-term agreements extending into the 2030s to manage supply and pricing risks. Constellation operates more than 22,000 MW of nuclear capacity and over 4,000 MW of renewables, positioning it as a major provider of firm, carbon-free power across U.S. markets. Earnings & Analyst Outlook Constellation Energy is slated to provide its next financial update on May 5, 2026 (estimated). EPS Estimate : $2.54 (Up from $2.14) : $2.54 (Up from $2.14) Revenue Estimate : $10.08 billion (Up from $6.79 billion) : $10.08 billion (Up from $6.79 billion) Valuation: P/E of 40.4x (Indicates premium valuation) Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $371.33. Recent analyst moves include: Wells Fargo : Overweight (Lowers Target to $450.00) (Mar. 30) : Overweight (Lowers Target to $450.00) (Mar. 30) B of A Securities : Buy (Lowers Target to $401.00) (Mar. 27) : Buy (Lowers Target to $401.00) (Mar. 27) Morgan Stanley: Overweight (Target $385.00) (Mar. 25) Benzinga Edge Rankings Below is the Benzinga Edge scorecard for Constellation Energy, highlighting its strengths and weaknesses compared to the broader market: Value : 50.36 — Trading at a moderate valuation relative to peers. : 50.36 — Trading at a moderate valuation relative to peers. Growth : 77.56 — Strong growth potential indicated. : 77.56 — Strong growth potential indicated. Momentum: 67.13 — Positive momentum, but not exceptionally strong. The Verdict: Constellation Energy’s Benzinga Edge signal indicates a growth-heavy profile, suggesting that while the company faces challenges, it has potential for future expansion and performance improvement. Top ETF Exposure Significance: Because CEG carries such a heavy weight in these funds, any significant inflows or outflows will likely trigger automatic buying or selling of the stock. CEG Stock Price Activity: Constellation Energy shares were down 8.36% at $273.66 at the
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WTO talks near deal on reform roadmap amid US-India e-commerce deadlock
YAOUNDE: Trade ministers are close to agreeing a reform plan for the World Trade Organization, as wrangling continues over extending a moratorium on customs duties for electronic transmissions such as digital downloads, two diplomats said.The talks at a WTO meeting in Cameroon include efforts to bridge differences between the U.S. and India over extending the e-commerce moratorium , which is due to expire this month.Extending the moratorium – first adopted in 1998 as part of a declaration to encourage early digital trade growth – is seen as a test for the WTO’s relevance, following a year of tariff-fuelled trade turmoil and major disruptions due to the Iran war.DRAFT REFORM PLAN TAKES SHAPEAfter initial resistance from some WTO members, a new draft of the reform roadmap provides a timeline for progress and sets out the key issues to address, according to a copy of the draft seen by Reuters.Those issues include improving decision-making in a consensus-based system that has long been stymied by a few countries, and the trade benefits extended to developing countries.The reform debate comes amid efforts to rework WTO rules to render subsidy use more transparent and make decision-taking easier. The U.S. and the EU argue China in particular has taken advantage of current rules to their detriment.Bringing into WTO rules an agreement reached by a subset of members aimed at boosting investment in developing countries also remains blocked by India, which said plurilateral accords risk eroding the body’s founding principles.E-COMMERCE AGREEMENT KEY FOR US SUPPORTAlongside the reform discussions, a senior diplomatic source – speaking on condition of anonymity – said there was a possibility of a four-year extension to the e-commerce moratorium.India indicated on Friday it would accept a two-year extension, diplomats said, while there were suggestions the U.S. could accept a 10-year extension, another diplomat said. U.S. Trade Representative Jamieson Greer said this week that Washington wanted a permanent extension.A new draft document on e-commerce seen by Reuters proposed support for developing country members concerned about losing out on tax revenues, as well as a review clause.Business leaders say an extension is vital to guarantee predictability, fearing duties could otherwise be introduced. It is also seen as key to securing U.S. support for the global trade body.”If the moratorium does not get extended, the U.S. will use it as an excuse to beat the WTO on the head,” a senior diplomat said.
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FMC Corporation Declares Quarterly Dividend of $0.08 (NYSE:FMC)
FMC Corporation (NYSE:FMC ) declared a quarterly dividend on Friday, February 27th. Investors of record on Tuesday, March 31st will be given a dividend of 0.08 per share by the basic materials company on Thursday, April 16th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Tuesday, March 31st.
FMC has raised its dividend payment by an average of 0.0%per year over the last three years. FMC has a dividend payout ratio of 8.0% meaning its dividend is sufficiently covered by earnings. Analysts expect FMC to earn $3.95 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 8.1%.
Shares of FMC stock opened at $15.74 on Friday. FMC has a one year low of $12.17 and a one year high of $44.78. The company has a market cap of $1.97 billion, a P/E ratio of -0.88, a PEG ratio of 1.49 and a beta of 0.66. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.00 and a current ratio of 1.32. The firm has a fifty day moving average of $14.87 and a two-hundred day moving average of $18.93.
A number of equities analysts have recently issued reports on the company. Wells Fargo & Company cut their target price on FMC from $16.00 to $14.00 and set an ‘equal weight’ rating for the company in a research note on Friday, February 6th. Morgan Stanley decreased their price target on FMC from $17.00 to $15.50 and set an ‘equal weight’ rating on the stock in a research note on Friday, February 6th. Royal Bank Of Canada dropped their price objective on FMC from $16.00 to $14.00 and set a ‘sector perform’ rating on the stock in a report on Friday, February 6th. Wall Street Zen cut FMC from a ‘hold’ rating to a ‘sell’ rating in a research report on Saturday. Finally, Mizuho reduced their target price on FMC from $21.00 to $20.00 and set an ‘outperform’ rating for the company in a report on Tuesday, February 17th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, FMC presently has a consensus rating of ‘Reduce’ and an average price target of $19.59.
Check Out Our Latest Research Report on FMC
FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.
Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures. -
Osisko Development (NYSE:ODV) Issues Quarterly Earnings Results
Osisko Development (NYSE:ODV – Get Free Report) posted its earnings results on Friday. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.07, Zacks reports. The business had revenue of $2.19 million during the quarter, compared to the consensus estimate of $2.19 million. Get Osisko Development alerts: Sign Up Osisko Development Stock Performance Shares of NYSE ODV opened at $2.93 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.31 and a debt-to-equity ratio of 0.25. The business’s 50 day moving average is $3.77 and its two-hundred day moving average is $3.53. The company has a market cap of $890.96 million, a P/E ratio of -3.44 and a beta of 0.55. Osisko Development has a 12 month low of $1.36 and a 12 month high of $4.80. Institutional Investors Weigh In On Osisko Development Hedge funds and other institutional investors have recently modified their holdings of the stock. Condire Management LP raised its stake in Osisko Development by 75.0% during the 3rd quarter. Condire Management LP now owns 21,964,844 shares of the company’s stock valued at $74,461,000 after purchasing an additional 9,412,910 shares during the last quarter. Amundi acquired a new stake in Osisko Development in the 3rd quarter worth $16,335,000. Sprott Inc. grew its position in Osisko Development by 1,699.9% in the 4th quarter. Sprott Inc. now owns 4,560,007 shares of the company’s stock worth $15,482,000 after purchasing an additional 4,306,666 shares during the last quarter. Schroder Investment Management Group bought a new position in shares of Osisko Development during the 3rd quarter worth about $13,380,000. Finally, Franklin Resources Inc. raised its position in shares of Osisko Development by 100.3% during the third quarter. Franklin Resources Inc. now owns 5,091,948 shares of the company’s stock valued at $16,803,000 after buying an additional 2,550,000 shares during the last quarter. Institutional investors and hedge funds own 15.16% of the company’s stock. Wall Street Analyst Weigh In Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Osisko Development in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”. Read Our Latest Research Report on Osisko Development Osisko Development Company Profile Osisko Development Corp. is a Canadian mineral exploration and development company focused on advancing a portfolio of high-quality precious and base metal projects in stable jurisdictions. The company’s strategy centers on the acquisition, exploration, and development of gold, zinc and lead deposits that offer the potential for scalable, long-life operations. Headquartered in Montreal, Quebec, Osisko Development operates primarily across Western Canada. The company’s flagship asset is the Cariboo gold project in central British Columbia, where it is engaged in step-out drilling, resource definition and permitting activities aimed at building a robust mineral inventory. Read More This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com. Before you consider Osisko Development, you’ll want to hear this. MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Osisko Development wasn’t on the list. While Osisko Development currently
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Ultra Clean Holdings, Inc. $UCTT Shares Sold by Romano Brothers AND Company
Romano Brothers AND Company cut its stake in shares of Ultra Clean Holdings, Inc. (NASDAQ:UCTT – Free Report) by 36.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,250 shares of the semiconductor company’s stock after selling 17,100 shares during the quarter. Romano Brothers AND Company owned about 0.06% of Ultra Clean worth $741,000 as of its most recent SEC filing. Get Ultra Clean alerts: Sign Up Other hedge funds have also recently made changes to their positions in the company. Royal Bank of Canada lifted its position in Ultra Clean by 35.8% during the 1st quarter. Royal Bank of Canada now owns 25,926 shares of the semiconductor company’s stock worth $555,000 after acquiring an additional 6,841 shares during the period. AQR Capital Management LLC increased its holdings in shares of Ultra Clean by 16.9% in the first quarter. AQR Capital Management LLC now owns 198,791 shares of the semiconductor company’s stock valued at $4,256,000 after purchasing an additional 28,690 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Ultra Clean by 5.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,425 shares of the semiconductor company’s stock worth $566,000 after purchasing an additional 1,257 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Ultra Clean by 18.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,094 shares of the semiconductor company’s stock valued at $1,822,000 after buying an additional 13,005 shares during the period. Finally, Jane Street Group LLC lifted its holdings in shares of Ultra Clean by 1,987.5% in the 1st quarter. Jane Street Group LLC now owns 148,214 shares of the semiconductor company’s stock valued at $3,173,000 after buying an additional 141,114 shares during the period. 96.06% of the stock is owned by institutional investors and hedge funds. Ultra Clean Stock Performance NASDAQ UCTT opened at $58.87 on Friday. The stock has a market capitalization of $2.68 billion, a price-to-earnings ratio of -14.72, a PEG ratio of 1.07 and a beta of 1.93. The stock has a 50-day moving average of $54.35 and a 200 day moving average of $36.98. The company has a current ratio of 3.19, a quick ratio of 1.89 and a debt-to-equity ratio of 0.60. Ultra Clean Holdings, Inc. has a twelve month low of $16.66 and a twelve month high of $73.80. Ultra Clean (NASDAQ:UCTT – Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The semiconductor company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.01). The business had revenue of $506.70 million during the quarter, compared to analyst estimates of $503.34 million. Ultra Clean had a negative net margin of 8.82% and a positive return on equity of 3.88%. The firm’s revenue for the quarter was down 10.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.51 earnings per share. Ultra Clean has set its Q1 2026 guidance at 0.180-0.340 EPS. Sell-side analysts anticipate that Ultra Clean Holdings, Inc. will post 1.09 EPS for the current fiscal year. Analysts Set New Price Targets Several analysts recently commented on the company. Zacks Research raised Ultra Clean from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 26th. Weiss Ratings restated a “sell (d)” rating on shares of Ultra Clean in a research
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WTO reform talks face US-India wall in Cameroon: Report
Large differences remain between most countries and the U.S. and India as trade ministers meet to discuss reforms at the World Trade Organization, two diplomats told Reuters on Friday. The ministers are meeting for four days in Yaounde, Cameroon, as the organisation faces a critical test to its future amid a year of tariff-fuelled trade turmoil and large-scale disruption to shipping, energy prices and supply chains due to the Middle East conflict. “There is a real commitment among ministers to reach an agreement on reforms, but there is a big elephant in the room blocking: India and the U.S.,” a senior diplomat told Reuters. Another diplomat from an African country said India so far has not shown signs of a change in position. Some flexibility, however, might be possible. “In the corridors we have lots of hope,” the person said. The diplomats declined to be named due to the sensitivity of the ongoing negotiations. While the U.S. and India acknowledge the need to reform the global trading system, they have resisted proposals of a substantive workplan on reforms. “Unfortunately on reform I don’t see much room for manoeuvre between the U.S. and India’s positions,” the senior diplomat said. India has also opposed an agreement to aid investment into developing countries, as well as the U.S. proposal to permanently extend an e-commerce moratorium on customs duties on electronic transmissions such as digital downloads, which expires this month. “The U.S., China, EU and UK positions are reasonable, but there is one party that we need to see compromise from to make progress – India,” said Chris Southworth, the Secretary General of the UK International Chamber of Commerce “I think frustration among members will start to spillover here in Yaounde if we see no progress,” he said. INDIA’S POSITION India’s Minister of Commerce and Industry Piyush Goyal has cast doubt on U.S. efforts to extend the e-commerce moratorium, saying it warranted a “careful reconsideration”. India is concerned about a loss of tariff revenue. The U.S. USTR Jamieson Greer said on Thursday Washington was “not interested” in a temporary extension to the ban, only a permanent one. Goyal has also challenged moves by the EU, U.S., Canada and others for a subset of members to take their own decisions through plurilateral agreements, saying any outcome should be agreed by consensus. That has cast a shadow over whether an Investment Facilitation for Development Agreement to encourage foreign direct investment in developing and least-developed countries can be incorporated into the WTO rule book in Yaounde. Turkey on Thursday lifted its opposition to it. Goyal’s position showed that India is seeking to protect the WTO’s core architecture, Ajay Srivastava, founder of Delhi-based think tank Global Trade Research Initiative and a former Indian negotiator told Reuters. “Together, these risk turning the WTO from a rules-based body into one driven by power and selective coalitions,” he said. There is also a deadlock at the WTO on one of New Delhi’s key priorities: a permanent solution on public stock holding to allow developing countries to give subsidies to rice and wheat farmers through a price support mechanism. Big agricultural exporters like the U.S., EU and Australia fear it would allow countries like India to build large stocks of foodstuffs and dispose surpluses, potentially distorting trade and markets. Randa Sengupta, a senior researcher at the thinktank, the Third World Network, said PHS was a important means to support farmers and enable food security for poorer communities in India. ‘CONSTRUCTIVE’ TALKS A concrete reform workplan, which would be “as substantive” as possible, was within reach, Norway’s Foreign Minister Espen Barth Eide told
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Texas Innovation Ecosystems Explored at America House Panel
Austin, Texas (Newsworthy.ai) Friday Mar 27, 2026 @ 6:00 AM Central —
An exclusive America House panel discussion, moderated by , host of The Building Texas Show, recently convened national and Texas innovation leaders at the Texas Capitol. The event, made possible by CS Freeland and Representative Donna Howard, fostered dialogue on the state’s burgeoning entrepreneurial ecosystems, investment trends, and unique collaborative spirit.
The panel, which took place during a week of significant activity in Austin, brought together ecosystem builders, investors, and startup founders from across the country to share insights into the past, present, and future of innovation.
Spotlighting Texas’s Collaborative Advantage
Justin McKenzie opened the discussion by highlighting the growing momentum in Texas entrepreneurship:
‘Mayors are investing in these programs. They’re really looking at how can we build more founders from our communities,’ explained McKenzie.
The discussion underscored that Texas, as the 8th largest economy globally, is still in the early stages of realizing its full innovation potential. Panelists emphasized the state’s natural collaborative networks, which differentiate it from other major tech hubs.
Key Insights from the Panel:
Diverse Founder Support: Preston James, Co-founder and CEO of DivInk, spoke on driving social economic equity through entrepreneurship, supporting diverse founders, and launching over 150 companies.
North Texas Innovation: Pamela Cytron, of The Founders Arena a leader in the wealth tech accelerator space, discussed intentional institutional innovation in North Texas and the strategic leverage of corporate headquarters and private capital. She emphasized the importance of connection: ‘Connecting communities and bringing us all together wherever we’re at is going to be as important as it’s ever been in our, at least in my career.’ – Pamela Cytron
Houston’s Undersung Ecosystem: Jesse Martinez detailed Houston’s diverse tech landscape, including Helix Park (medtech/life sciences), TMCI (medical center), Green Town Labs (climate tech), and The ION (AI/sports tech), noting the need to better promote its robust innovation.
Statewide Collaboration & Investment: Panelists reinforced that Texas’ strength comes from regional collaboration, with angel networks across the state (like CTAN, Houston Angel Network, North Texas Angel Network, and Alamo Angels) co-investing in emerging companies. This critical mass of talent and capital, combined with public investment initiatives (CIPRI, DeepRIT, Texas Space Commission), de-risks and catalyzes private funding.
The consensus highlighted that Texas’s unique “connective tissue” of relationships across cities and institutions fosters a collaborative environment where a win for one region is a win for the entire state, promoting a shared vision for prosperity.
About The Building Texas Show:
Hosted by Justin McKenzie, The Building Texas Show delivers in-depth conversations with leaders, builders, and innovators driving growth across Texas. From economic development to community storytelling, the show highlights the people and projects shaping the state’s future.
About America House:
America House is a premier, invite-only event series spotlighting the national innovation landscape. Conceived as a non-political platform, it brings together ecosystem leaders from across the United States to deliver state-by-state briefings and foster collaboration among top innovators, investors, and stakeholders. -
P3 Health Partners falls over 6% on weak guidance despite Q4 beat
HENDERSON, Nev. – On Thursday,
P3 Health Partners Inc. (NASDAQ:PIII)
presented Q4 results that showed an uncertain profitability outlook despite in-line revenue guidance.
The company’s shares fell 6.45% in after-hours trading following the results.
The physician-led population health management company reported fourth quarter revenue of $384.8 million, up 4% YoY from $370.7 million.
However, the company posted a net loss per share of -$23.02, compared to -$18.02 in the prior year quarter. Medical margin turned negative at -$28.7 million, or -$83 per member per month, compared to a positive $7.3 million, or $19 per member per month, in the fourth quarter of 2024.
Adjusted EBITDA loss widened to $76.1 million from $67.6 million in the year-ago period.
For fiscal 2026, P3 provided revenue guidance of $1.50 billion to $1.70 billion, with the midpoint of $1.60 billion slightly below the analyst consensus of $1.65 billion.
The company expects adjusted EBITDA between negative $20 million and positive $40 million, with a midpoint of $10 million, representing approximately $170 million in YoY improvement. Medical margin is projected at $160 million to $200 million.
“2025 was a year of meaningful progress in repositioning the business. We strengthened our contract economics, improved provider alignment, and built a more disciplined operating foundation,” said Aric Coffman, CEO of P3.
For the full year 2025, revenue was $1.46 billion compared to $1.50 billion in 2024. At-risk membership declined approximately 8% YoY to 116,000 members, driven by intentional network alignment. The company reported a net loss of $323.1 million compared to $310.4 million in the prior year.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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