BUSINESS

Brian Lizama was working as a senior vice president at a life insurance company, managing over 300 agents, when inspiration struck.

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealWith spring right around the corner, we’re more than ready to ditch our jackets and head outside for some time in the sun. If you want to lounge in your backyard or on your patio in the warmer weather, you’ll need a set of sturdy outdoor furniture. Luckily, there are some terrific sales going on right now, and we found one outdoor furniture set you should see.The Elposun 3-Piece Rocking Chair Patio Set is on sale at Walmart for a whopping 43% off. Normally $300, the bestselling set is currently $170. The chairs are roomy with plush cushions, and it looks like a perfect spot to sit and read while enjoying your morning coffee. Even with the $80 shipping fee, it’s still a terrific bargain.Elposun 3-Piece Rocking Chair Patio Set, $170 (was $300) at Walmart

Courtesy of Walmart

Why do shoppers love it?This patio set comes with two rocking chairs that measure 29.5 inches long, 36.8 inches wide, and 38.2 inches high, plus a metal table that’s 19.9 inches long and 20.5 inches high. The side table has a glass top and an extra shelf at the bottom that’s convenient for holding a potted plant. The chairs are made up of woven rattan with a metal frame and have non-slip pads on the bottom to prevent slippage, so you can rock the afternoon away in peace and comfort. Each one holds up to 360 pounds. The cushions on each chair measure 23.6 inches across and are four inches thick. They’re made of high-density sponge, and encased in waterproof fabric, so you won’t need to worry about taking them indoors when it rains. This set does require some assembly, but several shoppers mention that they contacted Elopsun for assistance putting the set together and were impressed with the company’s customer service.While there are patio sets at comparable prices on the market, this one has them beat thanks to how roomy and deep the chairs are. If you want a set with oversized chairs, this is the one for you. It is also worth noting that this set is available in six colors, but the best price is on the beige, which goes with just about everything.Details to knowColors: Six, but the beige is the lowest-priced option at $170.Material: The chairs are made of rattan with a metal frame, while the table is made of steel with a glass top.Weight capacity: The chairs can hold up to 360 pounds each, and the table can hold up to 160 pounds. Related: Amazon’s hottest new release is a $10 smart doorbell camera that’s already backed by 100+ 5-star ratingsMore than 150 shoppers have given this set a five-star rating, praising it for its stylish look, quality construction, and value for the price. “My husband and I are heavier people, and the weight capacity and size made me want to purchase it,” one shopper wrote. “It is a really nice-looking set, and the chairs are big and roomy. It is also very sturdy and strong. I am very pleased with this set and impressed with the customer service I received as well.”Another shopper gave it as a gift, writing, “I purchased this awesome chair and table set for my sister for her birthday, and she absolutely loves it. As a matter of fact, the whole family loves them. She said it was the perfect birthday present.”Shop more deals Techmilly 3-Piece Rocking Chair Patio Set, $170 (was $195) at WalmartUmi Rocking Chair Patio Set, $245 (was $260) at WalmartNoelse 3-Piece Rocking Chair Set, $90 (was $160) at WalmartThe Elposun 3-Piece Rocking Chair Patio Set has earned rave reviews from shoppers, and it’s easy to see why it’s a Walmart bestseller. $170 is a great price for this set. Pick yours up now before the sale ends.

The furniture and home furnishings sector struggled in 2025, as rising product and labor costs driven by inflation and slower sales as a result of a housing slump caused economic issues for retailers. The furniture industry continued to face a housing slump in 2025, as total home sales for the year were flat, registering 4.061 million compared to 4.062 million. This was also the lowest annual home sale total since 1995, according to Realtor.com.Furniture sales declined in 2025The housing slump affected furniture purchases, as sales declined by 0.82% for 2025, compared to 2024 unadjusted, according to the CNBC/National Retail Federation Retail Monitor.For January 2026, furniture and home furnishings sales declined 0.31% month over month seasonally, the report said. February results have not been released yet.The furniture downturn has not only affected U.S. companies, as a major global outdoor furniture maker is folding up its tent and going out of business.

Outdoor furniture manufacturer and retailer ScanCom International is closing down its business.Shutterstock

Outdoor furniture maker ScanCom closes Major global outdoor furniture manufacturer and dealer ScanCom International has ceased operations after facing challenges from the Covid-19 pandemic that it could not overcome.The Copenhagen-based global designer and manufacturer of outdoor furniture is shutting down its business after attempting an unsuccessful turnaround over the last two years, according to a March 3 company statement.ScanCom’s demise follows other niche furniture brands’ store closingsfor a variety of reasons.Furniture stores shut down locationsVintage mid-20th-century furniture store Machine Age in Boston is closing down its business in early 2026 after conducting a clearance sale and auction of all remaining inventory, as the long-time owner has decided to retire.Restoration Hardware said it will close its RH Outlet location in Milwaukee on March 1, as it is being converted to an approved hotel use. The luxury furniture brand did not make a statement with a reason for the closing, other than a note outside the store announcing the closure. ScanCom’s closing, however, was a pure economic solution to a failed restructuring.Covid pandemic too much for ScanCom Following the Covid-19 pandemic, the market shifted drastically, and the challenges ScanCom faced proved too great to overcome despite efforts to restructure with external consultants, the company statement said.The company’s focus has shifted toward a controlled shutdown of its business, focusing on protecting the customers who have already placed orders with ScanCom, and the discontinuation of its remaining manufacturing functions in Vietnam and elsewhere.ScanCom’s products consist of various outdoor tables, chairs, benches, coffee tables, sofas, loungers, lounge chairs, chaise lounges, wheel loungers, and a variety of outdoor sets. Products are available through ScanCon Outlet Shopping.“We want to ensure a proper and decent handling of our skillful and loyal employees we have at the company in line with our values,” ScanCom International Chairman Peter Andsager said.”We are collaborating with the relevant authorities and unions to facilitate as smooth and good a transition as we can for our employees, both in Vietnam and our other locations around the world, while also upholding our commitments to our customers and partners.” Andsager said.More closings:Bankrupt restaurant chains permanently close popular locationsMajor retail chain closes 35 stores nationwide, no bankruptcyAnother major retail chain closes warehouse operationsThe company did not reveal how many jobs would be lost in the closing.ScanCom was founded in Korsor, Denmark, in 1995 and had commercial and production operations in several countries, including Vietnam, Brazil, Indonesia, Germany, the U.K., and Spain.In addition to its manufacturing in Vietnam, the company operates a showroom in Ho Chi Minh City, Vietnam.ScanCom’s parent company Lars Larsen Group A/S purchased 100% of the company from its founder Boje Bendtzen in 2019.ScanCom’s outdoor products:Tablesand chairsBenchesCoffee tablesSofasLoungersLounge chairsChaise loungesWheel loungersOutdoor furniture setsSource: ScanCom Outlet ShoppingRelated: Major national grocery chain closes 36 underperforming stores

As the war set off by the joint U.S.-Israeli strike that took down Iranian Supreme Leader Ayatollah Khamenei continues to escalate and spread far throughout the region, the severe disruption to air travel persists, even as some airlines and governments run limited rescue flights to get stranded travelers back home.United Arab Emirates national airlines Emirates and Etihad Airways have run approximately 100 rescue flights to cities across Europe and Asia during specific closures worked around airspace closures.KLM also ran an emergency flight between Muscat in Oman and Amsterdam Schiphol Airport on March 4, while Lufthansa ran one between Muscat and Frankfurt the following day.”A limited number of flights continue to operate” out of UAE, airline confirmsBut as repeated Iranian strikes target cities such as Dubai and Abu Dhabi, any flights could end up diverted or canceled at the last minute. Emirates just confirmed that any non-rescue flights will not run until March 7 at the earliest. Qatar Airways is also suspending all service into the weekend.In addition, the largest low-cost airline in the Middle East, AirArabia, just revealed that it is extending its suspension of all flights into the UAE to March 9. Related: Iranian strike hits major airport, injuries reportedThe only operating flights are rescue ones for stranded travelers. Although they are theoretically open for booking, these routes immediately fill up with those who had previously booked travel and were moved to the first available reopened flight.”A limited number of flights continue to operate in coordination with the relevant authorities, subject to operational and safety approvals,” Air Arabia said in a March 4 statement. “Passengers scheduled on operating flights will be notified directly.”Those with travel booked during those times can use the flight disruption travel voucher to either reschedule their flight free of charge, claim a credit for use on a future flight, or request a refund to the original method of payment. Deadlines for these options are being extended as more cancellations occur.

Emirates is running exclusively rescue flights throughout the first week of March.Shutterstock

These Middle Eastern flights will remain canceled throughout MarchFor travelers going to and from the U.S., Delta Air Lines has suspended its service to Tel Aviv from JFK until at least March 22 over “ongoing conflict in the region,” The Points Pundit wrote on Travel Update. American Airlines currently plans to resume its flight between Philadelphia and Doha in Qatar on March 12, but the escalation of the conflict makes it highly likely that this date will be moved further.More Travel News:Airline to launch unusual new flight to Cayman Islands from the U.S.Iranian strike hits major airport, injuries reportedUnexpected country is most luxurious travel destination for 2026U.S. government issues sudden warning on Switzerland travelBritish Airways also continues to suspend its services to cities such as Dubai, Abu Dhabi, Tel Aviv, Doha, and Amman from London throughout the week.More than 2,100 flights to cities around the world remain canceled on March 5 from Muscat, Doha, and Dubai, according to flight data from Cirium cited by Daily Express.”We are constantly reviewing the situation and will continue to do everything we can to support our customers and colleagues in the region, and if we are able to, we will add additional services,” British Airways said in a statement. The airline has so far run one rescue flight from Oman on March 5 that filled up with stranded travelers immediately after it was announced.Related: U.S. government warns against travel to a European country as Iran war edges in

Oil is still “baking in the mother of all supply shocks” since the 1973 oil embargo, says one energy-market investor.

Oil rallied Thursday, with U.S. prices climbing above $80 for the first time in over a year, following a report that Iran attacked a U.S. oil tanker in the Persian Gulf.

Oil prices have rallied to a nearly two-year high since the U.S. attacked Iran over the weekend.

Sen. Tim Sheehy, R-Mont., attempted to help police remove the veteran, Brian McGinnis, from the congressional hearing.

Adrian Amos detailed why the Green Bay Packers haven’t reached their potential in the playoffs and what he’s doing in his post-NFL career in this one-on-one interview.

When UBS speaks on Nvidia, Wall Street listens. In a March 2 research note, UBS analyst Timothy Arcuri reiterated a Buy rating on Nvidia (NVDA) with a $245 price target. That is nearly 40% upside from where shares were trading at the time.The call came after Arcuri met with Nvidia CFO Colette Kress during a UBS semiconductor bus tour. What he heard did not spook him. It made him more bullish.Here is what is driving that confidence.Nvidia just posted one of the biggest quarters in tech historyOn Feb. 25, Nvidia reported record quarterly revenue of $68.1 billion for the fourth quarter of fiscal 2026. That is up 73% from a year earlier and up 20% from the prior quarter.It beat Wall Street’s estimate of $66.2 billion by nearly $2 billion.Data center revenue came in at $62.3 billion, up 75% year over year. Gross margins held firm at 75%. That last number matters. Skeptics have spent months predicting a margin squeeze from rivals like Google and Broadcom. It has not happened.CEO Jensen Huang did not mince words on the earnings call. “Computing demand is growing exponentially,” he said. He argued that the agentic AI era has arrived and that compute has effectively become revenue for cloud providers.The guidance is what really turned headsStrong results are one thing. The guidance was another story entirely.Nvidia projected $78 billion in revenue for Q1 fiscal 2027. Wall Street was expecting $72.6 billion. That is a massive beat on forward guidance, not just rear-view numbers.More Nvidia:Nvidia stock gets major reality check on ‘$100B’ numberNvidia CEO delivers blunt 7-word rebuttal on software stocksBank of America resets Nvidia price target after earningsIt was also the fourth consecutive quarter of accelerating growth. UBS noted that inventory purchase commitments nearly doubled quarter over quarter. A $100 billion quarterly revenue run is no longer a fantasy.What drove the record quarter:Data center revenue of $62.3 billion, up 75% year over year, powered by the Blackwell GPU rollout across major cloud providersNetworking revenue of nearly $11 billion in Q4 alone, up more than 3.5 times year over year as the Spectrum-X ethernet platform gains tractionSovereign AI revenue more than tripled to over $30 billion for the full fiscal year as governments build out national AI infrastructureFree cash flow of $35 billion in the quarter and $97 billion for the full fiscal year, giving Nvidia enormous room to invest and return capitalThe networking business is what most investors are missingThis was Arcuri’s sharpest takeaway from his conversation with Kress. Most investors are fixated on Nvidia’s GPUs. UBS thinks the networking business is the sleeper story.Nvidia’s Spectrum-X ethernet switches and BlueField processors are becoming the backbone of AI data centers. They are deeply embedded in customer infrastructure. That makes them very hard to rip out. UBS came away with greater confidence in this segment as a long-term profit driver.

Photo by NurPhoto on Getty Images

Networking revenue was up more than 263% year over year in Q4. That single segment is already on pace to become a multibillion-dollar business on its own, completely separate from GPU sales.The risks are real and worth knowingNo honest bull case ignores the downside. Nvidia’s stock actually fell 5.5% the day after its blowout earnings. That erased roughly $260 billion in market value in a single session. High expectations have a cost.China is also a real headwind. Export restrictions have cut off a once-meaningful revenue stream. In its own Q1 guidance statement, Nvidia said it is not assuming any data center compute revenue from China. Sovereign AI deals in the Middle East and India are filling some of that gap, but it is still a gap.Key risks heading into GTC:China export restrictions remain a structural headwind with no near-term resolution in sightCustom chip programs from Google and Broadcom could gradually reduce hyperscaler dependence on Nvidia over timeValuation sits at roughly 47 times forward earnings, well above the S&P 500 average of 22 timesGaming revenue of $3.7 billion missed estimates of $4 billion as post-holiday inventory weighed on the segmentThe GTC conference is the next big moment to watchNvidia’s GTC conference kicks off March 18. UBS and most bullish analysts see it as the next major stock catalyst.Nvidia is expected to unveil its next-generation Rubin GPU architecture. Huang has said it could deliver up to a tenfold reduction in AI inference costs versus Blackwell. The company has already announced partnerships with AWS, Google Cloud, Microsoft Azure, and Oracle to deploy Rubin-based systems first.UBS is far from a lone voice. Across 39 analyst ratings tracked by TipRanks, 37 recommend buying Nvidia. The average price target sits at $273.38. Morgan Stanley is at $260. RBC Capital is at $250.The bottom line from UBS is straightforward. Hyperscalers are not pulling back. They are locking in 2027 compute buildouts right now. AI spending is not slowing down. It is accelerating. For Nvidia, the demand question is settled. The only question left is how fast supply can keep up.Related: Denny’s, GPUs & AI: The journey of Nvidia