Harvepino/iStock via Getty Images DoorDash ( DASH ) announced a significant grocery expansion in Canada through a new partnership with Empire Company Limited. The deal adds more than 1,000 stores across 10 Canadian provinces onto DoorDash's marketplace. The expansion includes Empire grocery chains Sobeys, Safeway, IGA, FreshCo, Farm Boy, and Longo’s. It was noted that convenience options like Need...
Harvepino/iStock via Getty Images DoorDash ( DASH ) announced a significant grocery expansion in Canada through a new partnership with Empire Company Limited. The deal adds more than 1,000 stores across 10 Canadian provinces onto DoorDash's marketplace. The expansion includes Empire grocery chains Sobeys, Safeway, IGA, FreshCo, Farm Boy, and Longo’s. It was noted that convenience options like Needs, Boni-Soir, and Voisin are also available. Notably, DoorDash ( DASH ) now partners with four of the five largest grocery companies in Canada. The rapid expansion in Canada comes amid accelerating consumer demand for on-demand grocery and retail essentials, with 25% of monthly active users on DoorDash in the region recently engaging with grocery, convenience, alcohol, and retail categories. "Home to over a dozen banners spanning coast to coast, Empire is one of the most trusted names in Canadian grocery and retail," stated Mike Goldblatt, Vice President of Enterprise Business Development and Partnerships at DoorDash. "As Canadians increasingly face time pressure, DoorDash is proud to help give some time back through on-demand grocery delivery," added Goldblatt. Shares of DoorDash ( DASH ) were up 1.3% in Monday morning trading. More on DoorDash DoorDash: Buy The Leading Local Commerce Platform At A Discount DoorDash: Order Acceleration Defies A Weaker Macro DoorDash: Growth Isn't Free Nasdaq hits record high after Iran opens Strait of Hormuz DoorDash adds Foot Locker to retail marketplace
Equally inspired by childbirth manuals, Georgia O’Keeffe and her own hormones, pregnancy and motherhood, Hollowell paints beautiful anatomical abstractions. She opens up about her cosmic birth and out-of-body experience ‘It’s magical,” says Loie Hollowell. “It’s such good timing!” The artist, speaking via Zoom from her studio in Queens, New York, is referring to the Artemis II moon mission. Little...
Equally inspired by childbirth manuals, Georgia O’Keeffe and her own hormones, pregnancy and motherhood, Hollowell paints beautiful anatomical abstractions. She opens up about her cosmic birth and out-of-body experience ‘It’s magical,” says Loie Hollowell. “It’s such good timing!” The artist, speaking via Zoom from her studio in Queens, New York, is referring to the Artemis II moon mission. Little did she know, when she named her latest painting series Overview Effect, after the term used by astronauts to describe the experience of seeing Earth from space and the profound feelings of awe and interconnectedness it provokes, that she’d be coinciding with this space odyssey. But she is not surprised anyone would want to leave Earth for a while. “We’re having so many problems here,” she says. Overview Effect, currently at London’s Pace Gallery, features large-scale canvases combining twin concave and convex sculpted circles. If you folded the canvasses in half vertically, the halves would fit perfectly together. The works, which radiate outwards in rings of glorious colour that are both vibrant and soothing, are a continuation of earlier works focusing on pregnancy and birth through abstraction. Her Split Orb paintings and Dilation Stage series of pastel drawings responded to the difficult birth of her son in a New York hospital. Overview Effect is a result of her daughter’s easier arrival: a “cosmic” home birth that she found far more empowering. Continue reading...
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro QQQ, where 27,600,000 units were destroyed, or a 5.1% decrease week over week. Among the largest underlying components o
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ProShares UltraPro QQQ, where 27,600,000 units were destroyed, or a 5.1% decrease week over week. Among the largest underlying components o
spawns Traders on Kalshi have moderated expectations for an early departure of Jerome Powell from his role at the Federal Reserve, pulling back from elevated probabilities seen late last week. The shift follows remarks from Thom Tillis, who suggested Powell could remain in position while the Department of Justice pursues what may be a prolonged appeals process tied to a recent judicial ruling. The...
spawns Traders on Kalshi have moderated expectations for an early departure of Jerome Powell from his role at the Federal Reserve, pulling back from elevated probabilities seen late last week. The shift follows remarks from Thom Tillis, who suggested Powell could remain in position while the Department of Justice pursues what may be a prolonged appeals process tied to a recent judicial ruling. The recalibration in market sentiment comes just days before the Federal Reserve’s upcoming policy decision, scheduled for Wednesday, where interest rates are widely expected to remain unchanged. While monetary policy remains the central focus, leadership uncertainty has become an additional variable influencing trader positioning. Current Kalshi data indicates participants now assign roughly a 50% probability that Powell exits before June. The likelihood rises to 65% by August and 81% by 2027, reflecting lingering uncertainty but reduced conviction in an imminent change. Overall, traders appear increasingly cautious as legal and political timelines remain fluid. Market Tracking ETFs: ( DIA ), ( DDM ), ( DOG ), ( DXD ), ( SDOW ), ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( QQQ ), ( QQQM ), ( TQQQ ), ( QID ), and ( SQQQ ). More on markets Fed meeting ahead: Prediction markets highlight what Powell may signal S&P 500: I'm Chasing This Rally (Technical Analysis) A Massive Change Likely Coming To The Fed And Markets May Not Like It FOMC Preview: The Powell-To-Warsh Transition Matters Trump term 1 vs. 2: Different headlines, same S&P 500 performance
Gary Yeowell/DigitalVision via Getty Images In this piece, we present our long-term and short-term analysis of the stock market. Long-Term Both the stock market and the real estate market are cyclical. The major cycle is about 20 years in wavelength and corresponds to the length of a human generation. Bull market phases of ~20 years are separated by periods of range-bound trading that last ~12 yea...
Gary Yeowell/DigitalVision via Getty Images In this piece, we present our long-term and short-term analysis of the stock market. Long-Term Both the stock market and the real estate market are cyclical. The major cycle is about 20 years in wavelength and corresponds to the length of a human generation. Bull market phases of ~20 years are separated by periods of range-bound trading that last ~12 years on average. The current bull market is ~16 years old, and, therefore, it can be reasonably expected to have another couple of years of life left in it. ANG Traders, StockCharts The real estate cycle can peak ahead of the stock market or at about the same time as the stock market. The chart below suggests that the real estate cycle will peak in 2026, but it could easily peak in 2027, and the stock market could peak around the same time. Alan Longbon The cause, or “trigger,” of financial panics/recessions/bear markets has always been unsustainable private debt, not public “debt,” like the mainstream financial commentators are constantly harping about. Public “debt” is the private sector surplus, and if the public “debt” increases, then the private sector surplus also increases. However, when private debt (bank credit) increases to the point where it can no longer be serviced, then assets are sold and recession (deflation) begins. Currently, private debt is not a problem and has room to grow. The chart below shows that household debt and delinquency rates for consumer and business loans are all near historic lows. FRED Recessions/bear markets occur 6-18 months after the second 10y-2y Treasury rate inversion. The rate differential has inverted only once (pink oval) and is still positive and rising (purple line). If we get the second inversion late in 2026, then a bear market could happen sometime in 2027 (chart below). If the inversion is delayed further, then the bear market will also be delayed. ANG Traders, StockCharts No two markets are exactly alike, but the tech bull m...
Amazon is making a big move to advance its ambitions in outer space — one that is pricey and pits it against a formidable incumbent. It could also end up a huge winner for the e-commerce and cloud giant. The Seattle-based company said this month it plans to acquire satellite operator Globalstar for $90 per share in a cash-and-stock deal worth about $11.6 billion. The deal, expected to close in 202...
Amazon is making a big move to advance its ambitions in outer space — one that is pricey and pits it against a formidable incumbent. It could also end up a huge winner for the e-commerce and cloud giant. The Seattle-based company said this month it plans to acquire satellite operator Globalstar for $90 per share in a cash-and-stock deal worth about $11.6 billion. The deal, expected to close in 2027, will bolster Amazon's budding internet-from-space service called Amazon Leo, which is slated to begin commercial broadband service in mid-2026. It also helps Leo's standing against the dominant player in the satellite internet space, SpaceX, led by Elon Musk. The move reinforces Amazon's commitment to the expensive and extensive task of building out a satellite internet service — a pursuit that, for years, has given some investors pause as they questioned the price tag and the time to reap the rewards. It used to be called Project Kuiper and originated in 2019 when Amazon founder Jeff Bezos was still CEO. Leo has the potential to "be a huge business out of nowhere," Jim Cramer said in reaction to the Globalstar deal. "It's a sudden pillar. This will be something that we're going to be talking about." He added, "It flips from being something that [makes you say] I'm tired of hearing the losses, to I think it's going to be big gains here." Globalstar will be the second-largest acquisition in Amazon's history, behind Whole Foods, for $13.7 billion in 2017 . On its face, spending almost $12 billion on a company projected to bring in less than $300 million in revenue this year seems like an expensive purchase. Whole Foods booked $16 billion in sales in its fiscal 2017. Plus, the acquisition comes at a time when Amazon is already spending heavily on AI-related buildouts, which will likely result in negative free cash flow in 2026. This comes after Amazon's free cash flow fell 71% in 2025 to $11.2 billion. The strategic rationale is there, however. In defending the Globalstar d...
Wall Street heads into one of the most consequential weeks of the year with a full plate: a historic wave of corporate earnings, a pivotal Federal Reserve meeting, and an unresolved geopolitical standoff in the Middle East all arriving at once. Some 180 S&P 500 companies are scheduled to...
Wall Street heads into one of the most consequential weeks of the year with a full plate: a historic wave of corporate earnings, a pivotal Federal Reserve meeting, and an unresolved geopolitical standoff in the Middle East all arriving at once. Some 180 S&P 500 companies are scheduled to...
Olemedia/E+ via Getty Images Advanced Micro Devices, Inc. ( AMD ) has gained 62% since my last report and now exceeds my bullish price target of $304.20. In my prior report, I received comments on AMD giving out shares to hyperscalers. While this may seem like AMD is actively buying itself into agreements, I believe that simply viewing this as shareholder dilution with customers receiving free chi...
Olemedia/E+ via Getty Images Advanced Micro Devices, Inc. ( AMD ) has gained 62% since my last report and now exceeds my bullish price target of $304.20. In my prior report, I received comments on AMD giving out shares to hyperscalers. While this may seem like AMD is actively buying itself into agreements, I believe that simply viewing this as shareholder dilution with customers receiving free chips is too oversimplified. In this report, I discuss why the compute-for-equity setup makes sense. AMD Needs To Gain Market Share - But Not At All Costs Data center sales AMD and Nvidia (The Aerospace Forum) Looking at the data center sales for AMD against Nvidia ( NVDA ), it is quite clear that Nvidia is the undisputed leader. Both companies take a bit of a different approach. Nvidia is big in the combination of GPUs and data links, while AMD bets on the strength of its CPU+GPU setup. We see that Nvidia’s share in data center sales against AMD is over 90%. In order to win market share, AMD could elect to lower its sales prices. That would give AMD a stronger footing with customers. However, the drawback of such a setup is quite simply that AMD would lose all pricing power. I believe that AMD could get revenues anywhere between $10 billion and $20 billion per GW deployed. The company has a 6 GW agreement with Meta Platforms ( META ), with 160 million shares vesting based on capacity deployed and share prices. A similar agreement exists with OpenAI. Potentially we are looking at 320 million shares vesting after $120 billion to $240 billion in sales from these two agreements. AMD has around 1,624 million shares outstanding, so the potential dilution is 16.5%. That is obviously substantial, but I believe that if we look at follow-up orders, it is better for AMD and shareholders to stomach a 16.5% dilution rather than having reduced pricing power on future sales agreements with OpenAI and Meta, but also with other companies. Also, if we look at the market shares, AMD needs to do...
Olemedia/E+ via Getty Images Advanced Micro Devices, Inc. ( AMD ) has gained 62% since my last report and now exceeds my bullish price target of $304.20. In my prior report, I received comments on AMD giving out shares to hyperscalers. While this may seem like AMD is actively buying itself into agreements, I believe that simply viewing this as shareholder dilution with customers receiving free chi...
Olemedia/E+ via Getty Images Advanced Micro Devices, Inc. ( AMD ) has gained 62% since my last report and now exceeds my bullish price target of $304.20. In my prior report, I received comments on AMD giving out shares to hyperscalers. While this may seem like AMD is actively buying itself into agreements, I believe that simply viewing this as shareholder dilution with customers receiving free chips is too oversimplified. In this report, I discuss why the compute-for-equity setup makes sense. AMD Needs To Gain Market Share - But Not At All Costs Data center sales AMD and Nvidia (The Aerospace Forum) Looking at the data center sales for AMD against Nvidia ( NVDA ), it is quite clear that Nvidia is the undisputed leader. Both companies take a bit of a different approach. Nvidia is big in the combination of GPUs and data links, while AMD bets on the strength of its CPU+GPU setup. We see that Nvidia’s share in data center sales against AMD is over 90%. In order to win market share, AMD could elect to lower its sales prices. That would give AMD a stronger footing with customers. However, the drawback of such a setup is quite simply that AMD would lose all pricing power. I believe that AMD could get revenues anywhere between $10 billion and $20 billion per GW deployed. The company has a 6 GW agreement with Meta Platforms ( META ), with 160 million shares vesting based on capacity deployed and share prices. A similar agreement exists with OpenAI. Potentially we are looking at 320 million shares vesting after $120 billion to $240 billion in sales from these two agreements. AMD has around 1,624 million shares outstanding, so the potential dilution is 16.5%. That is obviously substantial, but I believe that if we look at follow-up orders, it is better for AMD and shareholders to stomach a 16.5% dilution rather than having reduced pricing power on future sales agreements with OpenAI and Meta, but also with other companies. Also, if we look at the market shares, AMD needs to do...
The partnership change gives both companies more freedom as they each work to expand their individual AI products—and comes ahead of OpenAI’s initial public offering.
The partnership change gives both companies more freedom as they each work to expand their individual AI products—and comes ahead of OpenAI’s initial public offering.