Mercuria Energy Group has secured several agreements to purchase Venezuelan bulk commodities and metals, including gold, in the latest example of trading houses brokering investment deals in the country after former leader Nicolas Maduro’s ouster. The Geneva-headquartered trader signed the deals in a partnership with private mining equity group Heeney Capital, Mercuria said in a statement Friday. ...
Mercuria Energy Group has secured several agreements to purchase Venezuelan bulk commodities and metals, including gold, in the latest example of trading houses brokering investment deals in the country after former leader Nicolas Maduro’s ouster. The Geneva-headquartered trader signed the deals in a partnership with private mining equity group Heeney Capital, Mercuria said in a statement Friday. The offtake agreements and accompanying investments are worth around $2.2 billion annually, and the two companies are “actively progressing” with more deals for Venezuelan aluminum, nickel and iron products, Mercuria said. The agreements are part of a broader push by the Trump administration to encourage investment in Venezuela’s metals and mining industry. The deals were announced alongside a delegation of US government officials convening in Caracas this week headed by Jarrod Agen, executive director of the National Energy Dominance Council. Read More: Trafigura Strikes Deal to Buy Venezuela Gold in US Pact Venezuela is home to large gold deposits as well as vast swathes of oil reserves. The South American nation historically was a significant exporter of aluminum and iron ore. Founded by former Goldman Sachs energy traders Marco Dunand and Daniel Jaeggi, Mercuria has grown to be one of the world’s biggest independent energy traders and has in the past two years begun a major push to revive its metals and minerals business.
At Holdings Channel, we have reviewed the latest batch of the 51 most recent 13F filings for the 03/31/2026 reporting period, and noticed that Union Pacific Corp (Symbol: UNP) was held by 26 of these funds. When hedge fund managers appear to be thinking alike, we find it is a go
At Holdings Channel, we have reviewed the latest batch of the 51 most recent 13F filings for the 03/31/2026 reporting period, and noticed that Union Pacific Corp (Symbol: UNP) was held by 26 of these funds. When hedge fund managers appear to be thinking alike, we find it is a go
The nuclear resurgence is underway, driven by the energy needs of artificial intelligence (AI) infrastructure, data centers, and growing populations. Nuclear is a strategically important energy source, and will remain so for the foreseeable future. Three nuclear energy stocks stand out as great options to buy and hold for the long term. Cameco (NYSE: CCJ) , Constellation Energy (NASDAQ: CEG) , and...
The nuclear resurgence is underway, driven by the energy needs of artificial intelligence (AI) infrastructure, data centers, and growing populations. Nuclear is a strategically important energy source, and will remain so for the foreseeable future. Three nuclear energy stocks stand out as great options to buy and hold for the long term. Cameco (NYSE: CCJ) , Constellation Energy (NASDAQ: CEG) , and Oklo (NYSE: OKLO) all have their own reasons why they will shine in the coming decades. Image source: Getty Images. Continue reading
Earnings Call Insights: Portland General Electric (POR) Q1 2026 Management view "The first quarter delivered another stretch of warm winter weather, 10% year-over-year Industrial customer demand growth and continued maturity of our cost management initiatives," said President, CEO & Director Maria Pope. "For the first quarter, we reported GAAP net income of $45 million or $0.38 per diluted share a...
Earnings Call Insights: Portland General Electric (POR) Q1 2026 Management view "The first quarter delivered another stretch of warm winter weather, 10% year-over-year Industrial customer demand growth and continued maturity of our cost management initiatives," said President, CEO & Director Maria Pope. "For the first quarter, we reported GAAP net income of $45 million or $0.38 per diluted share and non-GAAP net income of $68 million or $0.58 per share," said President, CEO & Director Pope. "We will be engaging with our regulator to explore frameworks to help mitigate weather and other volatility impacting both revenue and power costs," said President, CEO & Director Pope, adding, "Greater predictability is good for both customers and shareholders, and we recognize that this will be multiyear work." "We are reiterating our full year earnings guidance of $3.33 to $3.53 per diluted share and our long-term earnings and dividend growth guidance of 5% to 7%," said President, CEO & Director Pope. On the Washington acquisition process, President, CEO & Director Pope said, "We anticipate the regulatory approval process to take about a year and continue to target a mid-2027 close." On the holding company docket, President, CEO & Director Pope said, "To prioritize timely resolution of the holding company, we have paused the transmission company," and added, "That said, formation of a transmission company remains part of our long-term strategy." On the large load tariff filing, President, CEO & Director Pope said, "Our proposed rate structure under consideration enabled by Oregon's recent legislation includes a 26% increase in data center prices, which will help reduce the cost borne by Residential and Small Business customers." "We foresee robust energy usage from data centers and high-tech customers with large customer capacity growing by about 10% compounded annually through 2030," said President, CEO & Director Pope. "Total Q1 2026 loads were flattish compared to Q1 2025,"...
bombermoon/iStock via Getty Images First Solar ( FSLR ) up 6.3% to its highest level since February after reporting Q1 earnings that beat analyst estimates on improving margins, offsetting some tariff impacts, and reaching a record $1.04B in revenues for any Q1. Q1 net income rose to $347M, or $3.22/share, from $210M, or $1.95/share, and adjusted EBITDA jumped to $520M from $379M in the year-earli...
bombermoon/iStock via Getty Images First Solar ( FSLR ) up 6.3% to its highest level since February after reporting Q1 earnings that beat analyst estimates on improving margins, offsetting some tariff impacts, and reaching a record $1.04B in revenues for any Q1. Q1 net income rose to $347M, or $3.22/share, from $210M, or $1.95/share, and adjusted EBITDA jumped to $520M from $379M in the year-earlier quarter, as net sales jumped 24% Y/Y. Q1 gross margins jumped to 47% from 41% in the year-earlier quarter, underpinned by a 31% increase in module volumes sold to third parties to 3.8 GW, alongside $418M in Section 45X tax credits, and the company's module sales backlog totaled 47.9 GW, or ~$14.4B, through 2030. For the full year, First Solar ( FSLR ) reaffirmed guidance for revenues of $4.9B-$5.2B, in line with the $5.13B FactSet analyst consensus estimate, volume sold at 17.0-18.2 GW, and adjusted EBITDA of $2.6B-$2.8B. For Q2, the company forecast module sales of 3.4-4.0 GW and Section 45X tax credits of $330M-$400M, which are expected to result in Q2 adjusted EBITDA of $400M-$500M. First Solar's ( FSLR ) Q1 profit beat as margins improved came despite a challenging environment for solar demand, William Blair analyst Jed Dorsheimer said, noting the company has been pressured by increasing underutilization charges in Malaysia and Vietnam as well as a 15% flat tariff and Section 232 tariffs on steel and aluminum. More on First Solar First Solar Q1 2026 Earnings Call Transcript First Solar: Rising Fossil Fuels Keep Solar Utilities Competitive Without Tax Incentives First Solar: Sold Out U.S. Solar Leader At An Attractive Discount
Daniel Balakov/E+ via Getty Images By Elior Manier US stock markets have been on a rampage after this week's earnings, and this trend is pushing indexes to some new highs. Yesterday saw the return of traditional assets demand, sweeping everything on their way and taking the Dow Jones up 1,000 points in one session, propelled by Caterpillar ( CAT ) and Eli Lilly ( LLY ). As the week concludes, the ...
Daniel Balakov/E+ via Getty Images By Elior Manier US stock markets have been on a rampage after this week's earnings, and this trend is pushing indexes to some new highs. Yesterday saw the return of traditional assets demand, sweeping everything on their way and taking the Dow Jones up 1,000 points in one session, propelled by Caterpillar ( CAT ) and Eli Lilly ( LLY ). As the week concludes, the rally is now more broad-based, with all US indexes rising by similar percentages – Some signs of fatigue could be appearing, with some pullbacks from morning highs. Daily Stock Market Index Performance – May 1, 2026. The only main concern that traders could see is the inability from bulls to break the 50,000 level – If this level breaks in the afternoon session, this will bring with it further optimism signs for next week's action. Markets just received the US Manufacturing PMI report for April , and while it did not ease much, there are still concerns of the index being driven by fears of supply droughts, hence preemptive orders all around the sector – The report came in at 52.7, the same as last month. Manufacturing PMI Data – MarketPulse Economic Calendar Overall, with the earnings season continuing to break records and the Federal Reserve reluctant to turn to hikes, the only catalyst left to bring markets lower is the absence of a solution between Iran and the US. The situation has been in a deadlock since the first round of talks failed, with the ceasefire extension bringing back some life into dull markets but no solution on the horizon. Crude oil was falling off a cliff in early morning trading but is now bouncing back higher, unable to break below $100 per barrel – Some concerns on that part, particularly with the price action looking more cloudy as the session continues. Crude Oil 1H Chart – May 1, 2026 – Source: TradingView The drop in crude oil after the announcement of a new Iranian proposal has now begun to reverse to the upside – For stock markets to continue ...
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. At GE HealthCare Technologies, a filing with the SEC revealed that on Friday, Chief
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. At GE HealthCare Technologies, a filing with the SEC revealed that on Friday, Chief
On 5/5/26, Old National Bancorp's 7.00% Dep Shares Non-Cumul Preferred Stock Ser A (Symbol: ONBPP) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 5/20/26. As a percentage of ONBPP's recent share price of $24.95, this dividend works out to approximatel
On 5/5/26, Old National Bancorp's 7.00% Dep Shares Non-Cumul Preferred Stock Ser A (Symbol: ONBPP) will trade ex-dividend, for its quarterly dividend of $0.4375, payable on 5/20/26. As a percentage of ONBPP's recent share price of $24.95, this dividend works out to approximatel
The United States market has remained flat over the last week, yet it has shown a notable rise of 29% over the past 12 months with an expected annual earnings growth of 16%. In this context, identifying high-growth tech stocks involves looking for companies that not only align with these broader market trends but also demonstrate strong innovation and scalability potential.
The United States market has remained flat over the last week, yet it has shown a notable rise of 29% over the past 12 months with an expected annual earnings growth of 16%. In this context, identifying high-growth tech stocks involves looking for companies that not only align with these broader market trends but also demonstrate strong innovation and scalability potential.