Getty Images Micron Technology, Inc.'s ( MU ) wild ride has continued the last few weeks. Shares spiked to all-time highs leading up to a highly anticipated earnings report , only to fall precipitously the last few days. There are a few headwinds coalescing simultaneously that are causing this downturn, but I think the market reaction is overblown and that the stock will get back to its march high...
Getty Images Micron Technology, Inc.'s ( MU ) wild ride has continued the last few weeks. Shares spiked to all-time highs leading up to a highly anticipated earnings report , only to fall precipitously the last few days. There are a few headwinds coalescing simultaneously that are causing this downturn, but I think the market reaction is overblown and that the stock will get back to its march higher in short order. Data by YCharts In my last piece on MU back in late January, I discussed how the memory maker was grappling with massive demand, why this shortage has been particularly pronounced, and the outsized profits that were cresting the horizon. The stock rose 15% over the next two months before crashing back down, now 20%+ off highs. That article can be read here . This was just the most recent in a long series of articles that I've written on MU since initiating a Strong Buy in September 2024 (+286% since) and then downgrading to a Buy on November 2025 at around $200 per share, which I've maintained. Throughout this run, I have seen many folks claim that the cyclical era of memory is over, that structural demand from AI will buoy the industry, and that "this time is different." I have even seen more than a couple references to Micron being "the next Nvidia." However, I have been adamant in my opinion that, despite the explosion in revenue and profit for Micron, SK Hynix, and Samsung ( SSNLF ), memory remains as cyclical as ever. And my reasoning is simple: memory is cyclical because the markets it supplies are cyclical. Smartphones, PCs, and processors all fall into this category. And yet, these products weren't always cyclical -- when they first burst onto the scene, the demand ceiling seemed impossibly high. Then, of course, competitors entered, technology became commoditized, and before anyone saw it coming, the market became oversupplied and prices crashed. So, the claim that AI isn't cyclical is myopic -- AI isn't cyclical because it hasn't been around lon...
White Mountains Partners (WMP), a White Mountains ( WTM ) operating company, has acquired a majority interest in BaseSix Systems. Founded in 2018 and headquartered in Marietta, Georgia , BaseSix provides the design, installation, retrofit, maintenance, and repair of mission-critical, low-voltage building systems for commercial and institutional customers across the fire & life safety, network & wi...
White Mountains Partners (WMP), a White Mountains ( WTM ) operating company, has acquired a majority interest in BaseSix Systems. Founded in 2018 and headquartered in Marietta, Georgia , BaseSix provides the design, installation, retrofit, maintenance, and repair of mission-critical, low-voltage building systems for commercial and institutional customers across the fire & life safety, network & wireless, security & access control, and audio-visual disciplines. Source: Press Release More on White Mountains Insurance White Mountains Insurance: I Maintain My 'Hold' Rating Dividend scorecard for White Mountains Insurance Financial information for White Mountains Insurance
narvo vexar Gilead Sciences ( GILD ) has extended the expiration date of its tender offer for all common shares of Arcellx ( ACLX ) to 5p ET on April 24. It was midnight on April 3 prior. The biotech giant noted that as of 5p ET on March 31, only ~7.5% of outstanding shares have been tendered. The deal, worth up to $7.8B, has already been approved by both companies' boards of directors and is expe...
narvo vexar Gilead Sciences ( GILD ) has extended the expiration date of its tender offer for all common shares of Arcellx ( ACLX ) to 5p ET on April 24. It was midnight on April 3 prior. The biotech giant noted that as of 5p ET on March 31, only ~7.5% of outstanding shares have been tendered. The deal, worth up to $7.8B, has already been approved by both companies' boards of directors and is expected to close in Q2. Terms call for Gilead to pay $115 per Arcellx share in cash at closing and one contingent value right of $5 per share. More on Gilead Sciences Gilead Sciences, Inc. (GILD) M&A Call Transcript Gilead Sciences: Caution After A Re-Rating Amidst New Concentration Risks Gilead: Why The 'Immune System Company' Pivot Is No Longer A Bargain (Downgrade) Galapagos NV, Gilead Sciences strike deal tied to Ouro Medicines acquisition Gilead to acquire Ouro Medicines in $1.68B deal to advance autoimmune T cell therapies
New Zealand has signed a defence and security declaration with the Cook Islands, repairing a relationship strained when the tiny South Pacific nation entered a strategic agreement with China. The declaration was signed Thursday in the Cook Islands capital of Rarotonga during a visit from New Zealand Foreign Minister Winston Peters . It also means New Zealand will resume development funding, which ...
New Zealand has signed a defence and security declaration with the Cook Islands, repairing a relationship strained when the tiny South Pacific nation entered a strategic agreement with China. The declaration was signed Thursday in the Cook Islands capital of Rarotonga during a visit from New Zealand Foreign Minister Winston Peters . It also means New Zealand will resume development funding, which was paused in June last year when the Chinese deal was revealed. “The declaration is about setting a course together for the future,” Peters said in a statement. “Now that we have come to a mutually satisfactory understanding of the underpinnings of our partnership, we are pleased to normalize all aspects of our relationship — including New Zealand’s financial support.” While the Cook Islands is a self-governing state, it is part of the realm of New Zealand and has a special constitutional relationship with Wellington, its primary development partner. However, a strategic partnership agreement signed with Beijing in February 2025 caused that relationship to fray. Read more: New Zealand Pauses Cook Islands Funding Over China Deal The declaration states that New Zealand is committed to remaining the primary defense and security partner of the Cook Islands, and in keeping with those responsibilities, New Zealand commits to an uplift in defense engagement with the Cook Islands. China has been expanding its connections and strategic ambitions in the South Pacific, and Peters has previously said New Zealand is seriously concerned by Beijing’s increased role in the security arrangements of several island nations. “The strategic environment we face is more complex and contested than at any other point since New Zealand and the Cook Islands formed our free association agreement in 1965,” Peters said Thursday. “It’s vital that New Zealand and the Cook Islands are clear with one another and third parties about the nature of our special relationship.”
Some countries, like Kosovo and Iraq, have only just qualified after playoffs while most have been fine-tuning in friendlies “There’s more talent and potential than in 2022,” Kylian Mbappé said ominously this week after France had beaten Brazil 2-1 despite having Dayot Upamecano sent off after 55 minutes. He may well be right. For the second game of this window, against Colombia, Didier Deschamps ...
Some countries, like Kosovo and Iraq, have only just qualified after playoffs while most have been fine-tuning in friendlies “There’s more talent and potential than in 2022,” Kylian Mbappé said ominously this week after France had beaten Brazil 2-1 despite having Dayot Upamecano sent off after 55 minutes. He may well be right. For the second game of this window, against Colombia, Didier Deschamps changed the entire starting XI but was still able to field an attack of Marcus Thuram, Désiré Doué, Rayan Cherki and Maghnes Akliouche. Doué scored two in a comfortable 3-1 victory. “I’m well aware that there are some very good players that I won’t be bringing because, in my opinion, there are even better ones,” Deschamps said. Marcus Christenson Continue reading...
NEW YORK, April 01, 2026 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) ("XWELL" or the "Company"), a leading provider of wellness solutions for people on the go, today announced financial results for the year ended December 31, 2025.
NEW YORK, April 01, 2026 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) ("XWELL" or the "Company"), a leading provider of wellness solutions for people on the go, today announced financial results for the year ended December 31, 2025.
(RTTNews) - Extending yesterday's gains, Canadian stocks climbed on Wednesday as markets welcomed U.S. President Donald Trump's message that U.S. forces will pull out of Middle East in two to three weeks.
(RTTNews) - Extending yesterday's gains, Canadian stocks climbed on Wednesday as markets welcomed U.S. President Donald Trump's message that U.S. forces will pull out of Middle East in two to three weeks.
Bank stocks have been battered in 2026, but the tide may be about to turn. "The banks are so low that it makes me say, 'You know what? Maybe this is a good group for the next quarter," Jim Cramer said Wednesday on CNBC, the first day of the second quarter. Cracks in the private credit market , growing artificial intelligence adoption and the U.S.-Iran war all weighed on the financials over the fir...
Bank stocks have been battered in 2026, but the tide may be about to turn. "The banks are so low that it makes me say, 'You know what? Maybe this is a good group for the next quarter," Jim Cramer said Wednesday on CNBC, the first day of the second quarter. Cracks in the private credit market , growing artificial intelligence adoption and the U.S.-Iran war all weighed on the financials over the first three months of the year. As asset managers limited redemptions on some of their private-credit funds, investors grew concerned about what that means for the big banks that lent to them. Bank shares also got hit on fears that AI could disrupt the labor market as more jobs become automated. As if that wasn't enough, a spike in energy prices tied to the Middle East conflict has further muddied the economic outlook and put strain on consumers at the pump. As a result, Club name Goldman Sachs ended the first quarter down 13% from its all-time closing high on Jan. 15. Wells Fargo fared worse, ending Tuesday down 17% from its record close on Jan. 6. For the first quarter, the S & P 500 financials sector slid 9.8% underperforming the broad-market index's 3.45% decline. It's also a stark contrast to a banner 2025 for banks. But the Club sees three ways for the group to get back on track during 2026's second quarter. GS YTD mountain Goldman Sachs (GS) year-to-date performance Iran-U.S. war The two-day rally on Wall Street on hopes of a resolution to the Middle East conflict could be a sign of things to come if an actual ceasefire agreement between the U.S. and Iran is reached. It has rattled markets for more than a month, and investors are grabbing onto any reason for optimism. Banks are some of the most economically sensitive stocks in the market, so if traders are able to take a war-driven recession off the table, there's less downside risk to owning those stocks. Bank stocks will also rally when the conflict is over because macro uncertainty can stall Wall Street dealmaking. C...
The record quarterly fundraise was largely fueled four mega-deals into OpenAI, Anthropic, xAI, and Waymo. But it also indicates a generally hot market.
The record quarterly fundraise was largely fueled four mega-deals into OpenAI, Anthropic, xAI, and Waymo. But it also indicates a generally hot market.
In trading on Wednesday, shares of the The Consumer Staples Select Sector SPDR Premium Income Fund ETF (Symbol: XLSI) entered into oversold territory, changing hands as low as $23.03 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a t
In trading on Wednesday, shares of the The Consumer Staples Select Sector SPDR Premium Income Fund ETF (Symbol: XLSI) entered into oversold territory, changing hands as low as $23.03 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a t
In trading on Wednesday, shares of the Defiance Daily Target 2x Long SOFI ETF (Symbol: SOFX) entered into oversold territory, changing hands as low as $8.82 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato
In trading on Wednesday, shares of the Defiance Daily Target 2x Long SOFI ETF (Symbol: SOFX) entered into oversold territory, changing hands as low as $8.82 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato
In trading on Wednesday, shares of the Hedgeye Capital Allocation ETF (Symbol: HECA) entered into oversold territory, changing hands as low as $28.55 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used
In trading on Wednesday, shares of the Hedgeye Capital Allocation ETF (Symbol: HECA) entered into oversold territory, changing hands as low as $28.55 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used
killerbayer/iStock Editorial via Getty Images Apple ( AAPL ) officially turned 50 today, and in that time frame, no other company has transformed humankind's relationship with technology more than the one created by college dropouts in a garage. The Apple I was little more than a circuit board. It didn't include a monitor, keyboard, or casing. Steve Jobs and Steve Wozniak had a vision to create a ...
killerbayer/iStock Editorial via Getty Images Apple ( AAPL ) officially turned 50 today, and in that time frame, no other company has transformed humankind's relationship with technology more than the one created by college dropouts in a garage. The Apple I was little more than a circuit board. It didn't include a monitor, keyboard, or casing. Steve Jobs and Steve Wozniak had a vision to create a user-friendly computer that was small and affordable enough for people to place in their homes and offices. In the summer of 1977, they introduced the Apple II. It was one of the first mass-produced computers featuring color graphics and an integrated keyboard. The company generated $7.8M in sales revenue in 1978. That jumped to $117M by 1980. iPod Shuffle to the present day, and Apple still hasn't lost its shine. During fiscal year 2025, Apple reported record-setting revenue of $416B. That's more than the GDP of 176 countries, according to IMF data. Apple enjoys a market capitalization of $3.75T, second in the world only to Nvidia ( NVDA ). About 27% of the world's population, or 2.2B people, use its products, giving it the largest installed base of any single brand. Apple took its fiftieth anniversary seriously, holding a series of events and concerts around the globe leading up to April 1. Sir Paul McCartney performed at Apple Park in Cupertino, Calif., on Tuesday night. "From the first Apple computer to the Mac, from iPod to iPhone, iPad to Apple Watch and AirPods, as well as the services we use every day — the App Store, Apple Music, Apple Pay, iCloud, and Apple TV — we've spent five decades rethinking what's possible and putting powerful tools into people's hands," said CEO Tim Cook. "Through every breakthrough, one idea has guided us — that the world is moved forward by people who think different." Although Apple has come under recent scrutiny for not taking the lead in the artificial intelligence race, its patient approach is likely to pay off in the long run. Apple...