As potentially seismic Senedd elections loom, competing parties have differing visions of how to reinvigorate the economy It is afternoon rush hour on the M4 and drivers are yet again making slow progress around the city of Newport, often seen as the gateway to south Wales given its location between Cardiff and Bristol. Cars and lorries are stuck in gridlocked traffic in both directions on the app...
As potentially seismic Senedd elections loom, competing parties have differing visions of how to reinvigorate the economy It is afternoon rush hour on the M4 and drivers are yet again making slow progress around the city of Newport, often seen as the gateway to south Wales given its location between Cardiff and Bristol. Cars and lorries are stuck in gridlocked traffic in both directions on the approach to the Brynglas tunnels, where the road narrows to two lanes in each direction, while flashing lights warn motorists in Welsh and English of a ciw ( queue). Continue reading...
They differed over swearing allegiance to the crown, but could they reach unity over flying the national flag? Callum, 19, Southend Occupation Pre-trade surveyor Continue reading...
They differed over swearing allegiance to the crown, but could they reach unity over flying the national flag? Callum, 19, Southend Occupation Pre-trade surveyor Continue reading...
The Callais decision is predicated on the idea that American leaders will act justly on their own. That premise has already been proven hollow Six supreme court justices handed down a ruling built, ostensibly, on the belief that the US has changed so much as to render the protections of the Voting Rights Act unnecessary. No one should be that gullible. In 1901, the same year my great-grandfather w...
The Callais decision is predicated on the idea that American leaders will act justly on their own. That premise has already been proven hollow Six supreme court justices handed down a ruling built, ostensibly, on the belief that the US has changed so much as to render the protections of the Voting Rights Act unnecessary. No one should be that gullible. In 1901, the same year my great-grandfather was born, George H White rose to address the 56th United States Congress for the last time. He was a Republican congressman from North Carolina – the only Black member of the entire body. He was leaving because the state he represented had passed legislation making his re-election impossible. Reconstruction had already been undone. The powers that be had narrowed, then deferred, then erased the promise of multiracial democracy, written in the blood of Union soldiers and freed people alike. Continue reading...
During a recent concert in Beijing, as Persian melodies flowed from ancient instruments played by Majid and Massoud Shamaeezadah, the Iran war was never far from the twin brothers’ minds. “Every time we play, we think of our country, Iran,” Majid said afterwards. “Our music is very deep. It carries many feelings at once: sadness, happiness and imagination of home.” The concert, held at the brother...
During a recent concert in Beijing, as Persian melodies flowed from ancient instruments played by Majid and Massoud Shamaeezadah, the Iran war was never far from the twin brothers’ minds. “Every time we play, we think of our country, Iran,” Majid said afterwards. “Our music is very deep. It carries many feelings at once: sadness, happiness and imagination of home.” The concert, held at the brothers’ newly opened music workshop, featured five family instrumentalists whose individual performances...
Michael M. Santiago/Getty Images News Palantir's ( PLTR ) post-earnings trading is likely to be driven less by results and more by positioning. Right now, that positioning is set up in a way that works against the stock. This has less to do with the results themselves and more with market mechanics. The company is due to report first-quarter results after the close of trading on Monday, May 4. Ana...
Michael M. Santiago/Getty Images News Palantir's ( PLTR ) post-earnings trading is likely to be driven less by results and more by positioning. Right now, that positioning is set up in a way that works against the stock. This has less to do with the results themselves and more with market mechanics. The company is due to report first-quarter results after the close of trading on Monday, May 4. Analysts forecast earnings to more than double from last year to $0.28 per share, while revenue is seen growing by 74.1% to $1.54 billion. For the second quarter, earnings are expected to climb to $0.30 per share, as revenue rises to $1.68 billion. But unless these results blow through the most bullish expectations, none of it is likely to matter. The bigger problem for Palantir is that the options market has positioned itself for the stock to rise following the results, which sets up a scenario where upside moves are likely to be sold, especially with implied volatility at around 90% as of Friday and likely to move even higher on Monday before the results are released. Implied Volatility Is Not Palantir's Friend High implied volatility inflates call and put premiums, and after the results, the premiums decay quickly as implied volatility falls and event risk passes. For example, the $155 calls that expire on May 8 have a premium of about $3.10, which means the stock needs to trade at $158.10 by the expiration date for a buyer of those calls to earn a profit. However, because implied volatility for the options is around 90%, a drop back to a historical norm of around 40% following the earnings update could mean those same options would be worth only $0.35. So even if the stock rises after the results, a call buyer could still lose money. LSEG The only reason to focus on calls and not puts is that call positioning is heavier than put positioning, meaning more premium decay is likely to come from calls as implied volatility falls. Option Positioning This creates an issue for Pal...
Michael M. Santiago/Getty Images News Palantir's ( PLTR ) post-earnings trading is likely to be driven less by results and more by positioning. Right now, that positioning is set up in a way that works against the stock. This has less to do with the results themselves and more with market mechanics. The company is due to report first-quarter results after the close of trading on Monday, May 4. Ana...
Michael M. Santiago/Getty Images News Palantir's ( PLTR ) post-earnings trading is likely to be driven less by results and more by positioning. Right now, that positioning is set up in a way that works against the stock. This has less to do with the results themselves and more with market mechanics. The company is due to report first-quarter results after the close of trading on Monday, May 4. Analysts forecast earnings to more than double from last year to $0.28 per share, while revenue is seen growing by 74.1% to $1.54 billion. For the second quarter, earnings are expected to climb to $0.30 per share, as revenue rises to $1.68 billion. But unless these results blow through the most bullish expectations, none of it is likely to matter. The bigger problem for Palantir is that the options market has positioned itself for the stock to rise following the results, which sets up a scenario where upside moves are likely to be sold, especially with implied volatility at around 90% as of Friday and likely to move even higher on Monday before the results are released. Implied Volatility Is Not Palantir's Friend High implied volatility inflates call and put premiums, and after the results, the premiums decay quickly as implied volatility falls and event risk passes. For example, the $155 calls that expire on May 8 have a premium of about $3.10, which means the stock needs to trade at $158.10 by the expiration date for a buyer of those calls to earn a profit. However, because implied volatility for the options is around 90%, a drop back to a historical norm of around 40% following the earnings update could mean those same options would be worth only $0.35. So even if the stock rises after the results, a call buyer could still lose money. LSEG The only reason to focus on calls and not puts is that call positioning is heavier than put positioning, meaning more premium decay is likely to come from calls as implied volatility falls. Option Positioning This creates an issue for Pal...
60% Of Voters Believe France Is Witnessing 'A Replacement Of The Population By Non-Europeans' Via Remix News, A new poll from the presitigous ifop polling firm shows that a large majority of French citizens believe in a core tenent of the Great Replacement. Specifically, 60 percent of French people told ifop they believe we are witnessing “a replacement of the French population by non-European pop...
60% Of Voters Believe France Is Witnessing 'A Replacement Of The Population By Non-Europeans' Via Remix News, A new poll from the presitigous ifop polling firm shows that a large majority of French citizens believe in a core tenent of the Great Replacement. Specifically, 60 percent of French people told ifop they believe we are witnessing “a replacement of the French population by non-European populations, mainly from the African continent.” The poll also found that 66 percent see it as a bad development, compared to 9 percent who see it as a good thing. Two weeks ago, Marion Maréchal, leader of Identité Libertés, posted to X : “60% of French people think that we are witnessing ‘a replacement of the French population by non-European populations mainly from Africa’ according to @IfopOpinion . To our greatest misfortune, our rulers are among the 40%.” Analyst Paul Cébille, from the Hexagone Observatory, posted the same line. 💥📊 Chiffre choc passé inaperçu⤵️ 🔸60% des Français pensent que l'on assiste à "un remplacement de la population française par des populations non-européennes principalement issues du continent africain." 🔸Et 66% y voient une mauvaise chose, contre 9% une bonne. IFOP, 2026 pic.twitter.com/61AZT0XfUS — Paul Cébille (@Ellibec) April 16, 2026 According to the data from IFOP , 7 percent are undecided. According to the French Directorate General for Foreigners (DGEF), valid French residence permits in 2025 hit an unprecedented level of 4.5 million, an increase of approximately 3 percent, driven primarily by multi-year permits and long-term resident cards , writes Le Journal du Dimanche . For 2025, one in three permits was issued for family reasons (1.5 million), while one in five was an automatic renewal. New permits also increased to 384,000, a jump of 11 percent, which was partly driven by a 65 percent increase in admissions for humanitarian reasons. Foreigners with legal status now represent 8.1 percent of France’s adult population, with a high conce...
Jonathan Raa | Nurphoto | Getty Images OPEC+ has agreed an increase in oil output of 188,000 barrels per day, the cartel said on Sunday, as it pushes on with production in the first meeting since the loss of its key member, the United Arab Emirates. The group of seven major oil producers announced it would increase June production by slightly less than May's output hike of 206,000 bpd. Sunday's fi...
Jonathan Raa | Nurphoto | Getty Images OPEC+ has agreed an increase in oil output of 188,000 barrels per day, the cartel said on Sunday, as it pushes on with production in the first meeting since the loss of its key member, the United Arab Emirates. The group of seven major oil producers announced it would increase June production by slightly less than May's output hike of 206,000 bpd. Sunday's figure excludes the United Arab Emirates share of output, which officially departed OPEC+ on May 1. The seven countries included Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman. "In their collective commitment to support oil market stability, the seven participating countries decided to implement a production adjustment of 188 thousand barrels per day from the additional voluntary adjustments announced in April 2023," OPEC said in its statement . Oil supply has been choked since the Iran war began on February 28, as the Strait of Hormuz – a vital shipping route for global oil and gas supplies – has remained effectively closed. Concerns around production were amplified further on Tuesday with news of the shock departure of the UAE, the cartel's third-largest producer. The Gulf state concluded that exiting the group was in its national interest following a comprehensive review of its production policy and capacity, the Energy Ministry said in a written statement. The UAE had played an influential role in OPEC's decisions over nearly six decades and was the group's third-largest oil producer in February, behind Saudi Arabia and Iraq. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Key PointsOutsize stock returns have been the norm under Donald Trump, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite gaining 57%, 70%, and 142%, respectively, during his first term.
Key PointsOutsize stock returns have been the norm under Donald Trump, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite gaining 57%, 70%, and 142%, respectively, during his first term.
Greater agricultural collaboration can improve food security and resilience to global crises, says policy paper Agricultural co-operatives could “unleash growth” in the UK and improve national food security in the face of crises such as the Middle East conflict by “improving the resilience of UK farms”, according to a report. The policy paper produced by the Co-operative party, which backs influen...
Greater agricultural collaboration can improve food security and resilience to global crises, says policy paper Agricultural co-operatives could “unleash growth” in the UK and improve national food security in the face of crises such as the Middle East conflict by “improving the resilience of UK farms”, according to a report. The policy paper produced by the Co-operative party, which backs influential Labour MPs including Steve Reed and Jonathan Reynolds, calls for “a shift in perspective, not a doubling down of the status quo”. It says co-ops, which enable farmers to pool resources, share risk and invest collectively, can help “reduce exposure to volatile input markets”, such as fertiliser, fuel and animal feed. Continue reading...
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 4.9% in the morning session after several analysts reacted positively to its recent first-quarter results, with one firm upgrading the stock and others raising their price targets.
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 4.9% in the morning session after several analysts reacted positively to its recent first-quarter results, with one firm upgrading the stock and others raising their price targets.
Teradyne (NASDAQ: TER) shares declined by 17.4% this week as the market took a dim view of its first-quarter earnings report released on Wednesday. The report and the market's reaction to it are fascinating, as they represent a microcosm of what the market is thinking about investing in the AI-related sector. Here's why. The company makes automated test equipment for semiconductors, and its custom...
Teradyne (NASDAQ: TER) shares declined by 17.4% this week as the market took a dim view of its first-quarter earnings report released on Wednesday. The report and the market's reaction to it are fascinating, as they represent a microcosm of what the market is thinking about investing in the AI-related sector. Here's why. The company makes automated test equipment for semiconductors, and its customers span the semiconductor industry, electronics companies designing their own chips, and, more recently, hyperscalers designing their own AI semiconductors. In fact, AI-related demand accounted for 70% of its revenue in the first quarter , making the stock a key barometer of spending trends in the sector. Continue reading
EschCollection/DigitalVision via Getty Images Investment Thesis BBVA delivered record returns in 2025, with the stock being up 61.4% in the last one-year period, according to Seeking Alpha . The bank was able to deliver a historical high net attributable profit of $8.8B in Q1 FY26 while having a best-in-class ROTE of 21.7%. The returns for the shareholders are expected to be generous in 2026 thank...
EschCollection/DigitalVision via Getty Images Investment Thesis BBVA delivered record returns in 2025, with the stock being up 61.4% in the last one-year period, according to Seeking Alpha . The bank was able to deliver a historical high net attributable profit of $8.8B in Q1 FY26 while having a best-in-class ROTE of 21.7%. The returns for the shareholders are expected to be generous in 2026 thanks to the announced (and already priced-in) buyback programs . Despite the good historical performances, I rate the stock with a Hold: the three valuation methods used returned a fair value of $21.76, in line with the current share price of ~22%. I suggest the holders of the stock keep it through this year and wait for the completion of the buyback program. New investors should wait for the stock to enter the high-teens dollar level before buying. Business Overview and Strategy Banco Bilbao Vizcaya Argentaria, S.A. ( NYSE: BBVA ) is one of the biggest Spanish and European banks on the market. Despite its Spanish headquarters, the bank operates with a multinational network of clients, mainly in Spain (36% of the segment mix), Mexico (45.5%), Turkey (6.9%), and South America (6.3%), with a smaller and residual presence (5.4%) also in the Italian market (especially in the digital retail business) and in the US (especially with its Investment Banking division). The numbers of the company are not insignificant, as, according to the latest annual report covering the 2025 period, the bank was operating with 81.2M active customers (customers with an active bank account) through 5,642 branches, employing 127,174 people. Overall, I define the business model of BBVA as a classic retail and commercial bank. Looking into the company’s income statement , two-thirds of the bank's income comes from the difference between active and passive interests in lending activity, plus fees coming from activities such as cards, payments, asset management practices, and insurance. Revenues coming from ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . franckreporter/iStock via Getty Images Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition. Wall Street heads into a busy week wit...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . franckreporter/iStock via Getty Images Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition. Wall Street heads into a busy week with investors focused on the April jobs report, a heavy slate of earnings, and key corporate and macro events. The labor market will take center stage Friday, with economists expecting about 49K job additions and the unemployment rate to hold at 4.3%. Earlier in the week, the Federal Reserve’s Senior Loan Officer Opinion Survey will offer insight into credit conditions, while ongoing Fed commentary could shape expectations for policy. Earnings activity is broad-based. Key reports include Palantir ( PLTR ), AMD ( AMD ), Arm ( ARM ), Disney ( DIS ), Uber ( UBER ), McDonald’s ( MCD ), and Airbnb ( ABNB ). Disney’s results and outlook will be closely watched amid ongoing regulatory scrutiny and streaming trends, while AMD and Arm updates could provide read-through for AI demand. Corporate events will also draw attention. Citigroup ( C ) holds its Investor Day, where management is expected to outline a long-term strategy reset, while IBM’s Think conference and Anthropic’s developer event highlight continued momentum in enterprise AI . Elsewhere, China’s Labor Day holiday is expected to support Macau casino stocks, and OPEC production data will remain in focus. Earnings spotlight: Monday, May 4: Palantir Technologies ( PLTR ), Tyson Foods ( TSN ). See the full earnings calendar . Earnings spotlight: Tuesday, May 5: AMD ( AMD ), Pfizer ( PFE ), Rivian ( RIVN ), Shopify ( SHOP ). See the full earnings calenda r. Earnings spotlight: Wednesday, May 6: Disney ( DIS ), Marriott ( MAR ), Uber ( UBER ), Arm Holdings ( ARM ), Instacart ( CART ), DoorDash ( DASH ). See the f ull earnings cal...
Councillors in Leicestershire support move in efforts to reduce flooding as Reform faces divisions on nature policy A Reform UK council has backed the release of wild beavers into the countryside, despite the party’s opposition to rewilding. The Reform-led Leicestershire county council has backed the release of the rodents as part of efforts to reduce flooding. Continue reading...
Councillors in Leicestershire support move in efforts to reduce flooding as Reform faces divisions on nature policy A Reform UK council has backed the release of wild beavers into the countryside, despite the party’s opposition to rewilding. The Reform-led Leicestershire county council has backed the release of the rodents as part of efforts to reduce flooding. Continue reading...