China is facing an EV slowdown, just like the U.S. Well, not exactly like the U.S. Deliveries from several Chinese electric vehicle makers slipped in April, compared with March. Coming into Friday trading, NIO stock was up 25% year to date and up 58% over the past 12 months. It has been relatively weaker, up only 5% year to date and down 27% over the past 12 months, through Thursday trading.
China is facing an EV slowdown, just like the U.S. Well, not exactly like the U.S. Deliveries from several Chinese electric vehicle makers slipped in April, compared with March. Coming into Friday trading, NIO stock was up 25% year to date and up 58% over the past 12 months. It has been relatively weaker, up only 5% year to date and down 27% over the past 12 months, through Thursday trading.
Uber has announced it is acquiring the Hong Kong-based online cab-hailing platform FlyTaxi to expand its taxi services, ahead of the implementation of a regulatory regime for ride-hailing services later this year. In a statement on Friday, Uber said that its acquisition of FlyTaxi was part of its commitment to help grow the taxi industry and provide “greater economic opportunities” for drivers. It...
Uber has announced it is acquiring the Hong Kong-based online cab-hailing platform FlyTaxi to expand its taxi services, ahead of the implementation of a regulatory regime for ride-hailing services later this year. In a statement on Friday, Uber said that its acquisition of FlyTaxi was part of its commitment to help grow the taxi industry and provide “greater economic opportunities” for drivers. It also said that FlyTaxi would continue to operate as normal and that nothing would change for...
Investing.com -- Canada’s primary stock index edged lower on Friday morning, as a cooling in energy prices and geopolitical nerves checked the momentum from a massive relief rally in the previous session. By 09:40 ET, the S&P/TSX Composite Index fell 61.12 points, or 0.18%, to 33,903.21. This modest pullback follows a strong performance on Thursday, where the benchmark index surged 1.94% to close ...
Investing.com -- Canada’s primary stock index edged lower on Friday morning, as a cooling in energy prices and geopolitical nerves checked the momentum from a massive relief rally in the previous session. By 09:40 ET, the S&P/TSX Composite Index fell 61.12 points, or 0.18%, to 33,903.21. This modest pullback follows a strong performance on Thursday, where the benchmark index surged 1.94% to close at 33,964.33. The blue-chip S&P/TSX 60 also retreated slightly on Friday, declining 0.21% to 1,978.5
It is instructive to look back at the CPI from June 2022. Inflation hit 9.1% year over year. That was the highest increase since November 1981. According to the BLS release, “The increase was broad-based, with the indexes for gasoline, shelter, and food being the largest contributors.” The energy index was the largest single contributor. ... Inflation Could Soar To 10%
It is instructive to look back at the CPI from June 2022. Inflation hit 9.1% year over year. That was the highest increase since November 1981. According to the BLS release, “The increase was broad-based, with the indexes for gasoline, shelter, and food being the largest contributors.” The energy index was the largest single contributor. ... Inflation Could Soar To 10%
The April scoreboard is in for managed care. UnitedHealth Group (NYSE:UNH) stock and Humana (NYSE:HUM) stock both staged impressive rallies, yet UnitedHealth won by just a few basis points (bps). UNH stock climbed 37% in April, finishing at $370.48 on April 30. HUM stock rose 36%, closing at $236.44. It’s a photo finish, but UnitedHealth ... UnitedHealth or Humana: Which Managed Care Stock Had the...
The April scoreboard is in for managed care. UnitedHealth Group (NYSE:UNH) stock and Humana (NYSE:HUM) stock both staged impressive rallies, yet UnitedHealth won by just a few basis points (bps). UNH stock climbed 37% in April, finishing at $370.48 on April 30. HUM stock rose 36%, closing at $236.44. It’s a photo finish, but UnitedHealth ... UnitedHealth or Humana: Which Managed Care Stock Had the Healthiest Returns in April?
Worawith Ounpeng/iStock via Getty Images Hemab Therapeutics ( COAG ), a drug developer targeting bleeding disorders, and neuropsychiatric drug developer Seaport Therapeutics ( SPTX ) have priced their upsized initial public offerings ahead of their trading debuts on Friday, seeking to raise more than $550M in total. Cambridge, Massachusetts-based Hemab ( COAG ) priced its IPO offering of 16.75M sh...
Worawith Ounpeng/iStock via Getty Images Hemab Therapeutics ( COAG ), a drug developer targeting bleeding disorders, and neuropsychiatric drug developer Seaport Therapeutics ( SPTX ) have priced their upsized initial public offerings ahead of their trading debuts on Friday, seeking to raise more than $550M in total. Cambridge, Massachusetts-based Hemab ( COAG ) priced its IPO offering of 16.75M shares of its common stock at $18.00 each, raising roughly $301.5M in gross proceeds. Underwriters will have a 30-day option to buy up to 2.5M additional shares. The clinical-stage biotech previously sought to offer approximately 11.8M shares in the $16–$18 per share range. Meanwhile, Seaport ( SPTX ), led by biotech veteran Daphne Zohar, priced its offering of nearly 14.2M shares at $18.00 each, expecting $254.9M in gross proceeds. 2.1M shares will be available additionally as part of a 30-day option to underwriters. The Boston, Massachusetts-based firm previously sought to sell approximately 11.8M shares priced at $16 - $18 each. Both companies indicated a May 4 timeline to close their respective offerings. More on Seaport Therapeutics, Inc., Hemab Therapeutics Holdings, Inc. Hemab Therapeutics Begins IPO Effort On Positive Trial Results Seaport Therapeutics Pursues IPO On Positive Trial Results Bleeding disorder firm Hemab upsizes proposed IPO to 15M shares Drug developer Seaport Therapeutics seeks up to $212M in US IPO Financial information for Seaport Therapeutics, Inc.
primeimages/iStock via Getty Images Recently, I've reiterated my $20 trillion market cap thesis for Nvidia Corporation ( NVDA ), which implies upside of roughly 310% over the next four years. However, my thesis does not hinge on Nvidia reaching that milestone through hardware alone. Instead, the thesis hinges on software advancements and the recurring revenue that will inevitably come from Nvidia'...
primeimages/iStock via Getty Images Recently, I've reiterated my $20 trillion market cap thesis for Nvidia Corporation ( NVDA ), which implies upside of roughly 310% over the next four years. However, my thesis does not hinge on Nvidia reaching that milestone through hardware alone. Instead, the thesis hinges on software advancements and the recurring revenue that will inevitably come from Nvidia's lead in robotics and simulation. I have emphasized the growing importance of Nvidia's software business relative to hardware since 2023. The distinction cuts both ways. By arguing that software is central to the $20 trillion thesis, I am also implying that Nvidia's hardware moat becomes less effective over time. Seven years ago, when Nvidia was still a roughly $100 billion company trading near $3.15 on a split-adjusted basis, my original thesis for why it could become the world's most valuable company centered on the CUDA moat. At the time, I wrote: "Developers will self-regulate the number of competitors for processing units due to a need for a universal platform that supports all frameworks." My firm, the Tech Insider Network, has held Nvidia through the full seven-year journey, sometimes at an allocation as high as 20%, through both remarkable upside and equally remarkable downside (may be hard to remember, but the stock was down 60% in 2022 when I publicly defended the stock ). The thesis on Nvidia's hardware moat has played out exceptionally well, but that also highlights one of the biggest risks investors face, which is becoming emotionally attached to a winning stock. While I still believe Nvidia will reach $20 trillion by 2030, I believe much of that 310% return is likely to be back-half weighted in the years of 2028-2030. This is what separates investors from AI enthusiasts. While an AI enthusiast can sit back, relax and discuss specifications and other fandom, an investor must always answer — is my capital better deployed elsewhere? Is Nvidia Stock Still the Bes...
Nearmap/DigitalVision via Getty Images I have covered the Alerian MLP ETF ( AMLP ) before , where I outlined the investment thesis in detail and explained why I considered it an interesting buy. Since then, the ETF has barely appreciated despite the Iran war, which will considerably benefit US midstream operators; moreover, the dividend continues to be increased, and the last one already was above...
Nearmap/DigitalVision via Getty Images I have covered the Alerian MLP ETF ( AMLP ) before , where I outlined the investment thesis in detail and explained why I considered it an interesting buy. Since then, the ETF has barely appreciated despite the Iran war, which will considerably benefit US midstream operators; moreover, the dividend continues to be increased, and the last one already was above $1. Background The Alerian MLP ETF is a passive ETF that provides exposure to US midstream Master Limited Partnerships. These companies own pipelines, storage, processing, and export infrastructure. The ETF tracks the Alerian MLP Infrastructure Index, which is capitalization weighted and rebalanced quarterly with a 12% cap per holding. This makes AMLP fairly concentrated. The main six positions are usually the same due to the companies’ market cap reaching the 12% cap. Plains All American Pipeline, L.P. ( PAA ), Energy Transfer LP ( ET ), Enterprise Products Partners L.P. ( EPD ), Sunoco LP ( SUN ), Western Midstream Partners, LP ( WES ), and MPLX LP ( MPLX ). These are some of the main operators in the US, and the ETF’s performance is closely tied to how this group behaves. SA The 12% cap also affects how capital is allocated inside the ETF. Every quarter, positions above the limit are trimmed, while underperformers are increased if their market cap is still above the 12% limit. In practice, this means the ETF is constantly trimming winners and adding to laggards. It helps reduce single stock risk, but it also limits upside when some names clearly outperform over longer periods. The ETF is up 13% since the start of the year; however, since the Iran war started, it is barely up despite the disruption around the Strait of Hormuz having forced trade flows to adjust. The US has become the main supplier of oil, NGLs, and gas. In fact, record export levels are showing how strong the environment has become for midstream operators , who benefit from higher flows, product movement...
The X3 is Xteink’s smallest e-reader. | Photo: Andrew Liszewski / The Verge The Xteink X4 and X3 are excellent alternatives to Kindles and Kobos if you want an e-reader that's as easy to slip into your pocket - just not out of the box. Both devices come with stock firmware that's clunky, limited, and occasionally confusing, but that can be easily fixed by plugging them into a PC to install altern...
The X3 is Xteink’s smallest e-reader. | Photo: Andrew Liszewski / The Verge The Xteink X4 and X3 are excellent alternatives to Kindles and Kobos if you want an e-reader that's as easy to slip into your pocket - just not out of the box. Both devices come with stock firmware that's clunky, limited, and occasionally confusing, but that can be easily fixed by plugging them into a PC to install alternative software called CrossPoint Reader which delivers a more polished user interface and improved functionality. But now buyers report Xteink is blocking the upgrade, which might depend on where you live and where you purchase its devices. The issue was first reported by a Reddit user earlier this week when they discovere … Read the full story at The Verge.
Gunter_Nezhoda Short interest across the tech sector shows a clear divide, with heavily shorted positions concentrated in smaller, high-beta names, while large-cap leaders continue to see minimal bearish bets. Here’s a list of the 10 most shorted technology stocks (market cap above $2B) as of April: SoundHound AI ( SOUN ): 37.24% Ondas ( ONDS ): 33.58% CleanSpark ( CLSK ): 33.00% Applied Digital (...
Gunter_Nezhoda Short interest across the tech sector shows a clear divide, with heavily shorted positions concentrated in smaller, high-beta names, while large-cap leaders continue to see minimal bearish bets. Here’s a list of the 10 most shorted technology stocks (market cap above $2B) as of April: SoundHound AI ( SOUN ): 37.24% Ondas ( ONDS ): 33.58% CleanSpark ( CLSK ): 33.00% Applied Digital ( APLD ): 28.02% MARA Holdings ( MARA ): 27.54% Bitdeer Technologies Group ( BTDR ): 26.66% Quantum Computing ( QUBT ): 24.35% UiPath ( PATH ): 23.63% IonQ ( IONQ ): 22.92% Navitas Semiconductor ( NVTS ): 21.05% On the other end, the least shorted tech stocks (market cap above $2B) include: Ubiquiti ( UI ) 0.63% Apple ( AAPL ) 0.92% Silicon Motion Technology ( SIMO ) 0.92% EverCommerce ( EVCM ) 0.92% Oracle ( ORCL ) 1.02% Amphenol ( APH ) 1.12% Microsoft ( MSFT ) 1.12% Broadcom ( AVGO ) 1.15% NVIDIA ( NVDA ) 1.17% Keysight Technologies ( KEYS ) 1.18% Popular technology ETFs include the Technology Select Sector SPDR Fund ( XLK ), Vanguard Information Technology ETF ( VGT ), iShares U.S. Technology ETF ( IYW ), VanEck Semiconductor ETF ( SMH ), iShares Semiconductor ETF ( SOXX ), and the Invesco QQQ Trust ( QQQ ), which offer broad and thematic exposure to large-cap technology and semiconductor stocks More on Vanguard Information Technology Index Fund ETF Shares, State Street Technology Select Sector SPDR ETF, etc. Median Household Income In March 2026 Powell To Stay In The Best Interest Of The Institution A Robot Economy: Who Gets Rich, Who Gets Left Behind AI boom at risk from Hormuz disruption, Lewnowski says—CNBC interview Equities ignore geopolitical risks, bonds signal stress, Clement says—CNBC interview