Serina Therapeutics ( SER ) received NYSE American approval for its plan to regain listing compliance after being flagged on Jan. 9, 2026, for low $1.6M equity and losses in 3 of the last 4 years. It has time until July 9, 2027, to meet the listing rules again; meanwhile, the stock will remain listed on the NYSE American exchange. Moreover, the exchange will monitor the company quarterly; if it fa...
Serina Therapeutics ( SER ) received NYSE American approval for its plan to regain listing compliance after being flagged on Jan. 9, 2026, for low $1.6M equity and losses in 3 of the last 4 years. It has time until July 9, 2027, to meet the listing rules again; meanwhile, the stock will remain listed on the NYSE American exchange. Moreover, the exchange will monitor the company quarterly; if it fails to meet the listing rules by the cure period, suspension and delisting may begin. More on Serina Therapeutics Serina Therapeutics secures up to $30M in private placement Seeking Alpha’s Quant Rating on Serina Therapeutics Historical earnings data for Serina Therapeutics Financial information for Serina Therapeutics
Justin Paget/DigitalVision via Getty Images Shares of Delek US Holdings ( DK ) have been an extraordinary performer over the past year, nearly tripling in value. The company has been a primary beneficiary of an easier regulatory environment for smaller refineries, as the EPA granted a backlog of exemptions (“SRE”) from renewable fuel standard requirements in 2025. More recently, the Iran War has c...
Justin Paget/DigitalVision via Getty Images Shares of Delek US Holdings ( DK ) have been an extraordinary performer over the past year, nearly tripling in value. The company has been a primary beneficiary of an easier regulatory environment for smaller refineries, as the EPA granted a backlog of exemptions (“SRE”) from renewable fuel standard requirements in 2025. More recently, the Iran War has caused crack spreads to surge, enhancing refiner profitability. I last covered shares in January , rating DK a “ S trong Buy,” and this call has worked out better than hoped, with shares up 54% in just three months. With such strong performance and a new macro environment, now is a good time to revisit Delek. Seeking Alpha Fuel disruptions lead to a surge in crack spreads Refiners make money not on the absolute price of gasoline or diesel but on the spread between product prices and crude prices, known as the crack spread. This measures how much refiners make for every barrel of crude oil. As you can see below, the spread has blown out since the outbreak of the Iran War, given impaired flows through the Strait of Hormuz. With disruptions of 10-12 million barrels a day, I expect the cumulative shortfall from this crisis to be at least 500 million barrels, a shock of extraordinary proportions. Energy Stock Channel Crack spreads are now sitting over $40, having even gotten past $60 as the physical market scrambles for product amid fears of shortages, especially in products like jet fuel and diesel. The U nited States is better positioned than Europe or much of Asia, given we are a net exporter of fuel, making physical shortages unlikely in my view. However, the pull from overseas will likely lift demand for U.S. exports and is contributing to higher spreads. This has created a windfall environment for refineries like Delek, greatly boosting their cash flow. This one-time benefit justifies the recent rally As a reminder, I view the ~$25 crack spread level as a long-term norm. Wh...
Houthis Confirm Coordination With Iran, Hezbollah In Several Attack Waves On Israel Amid several waves of missile strikes out of Yemen onto Israel from Tuesday into Wednesday, the Iran-aligned Houthis have made it clear they are coordinating with both Tehran and Hezbollah. Yemeni Brigadier General Yahya Saree said the Houthis have carried out several missile launch operations on "sensitive targets...
Houthis Confirm Coordination With Iran, Hezbollah In Several Attack Waves On Israel Amid several waves of missile strikes out of Yemen onto Israel from Tuesday into Wednesday, the Iran-aligned Houthis have made it clear they are coordinating with both Tehran and Hezbollah. Yemeni Brigadier General Yahya Saree said the Houthis have carried out several missile launch operations on "sensitive targets" in "southern occupied Palestine". The statement underscored this was conducted "in continuation of supporting and backing the fronts of Resistance" and as part of a "religious, moral, and humanitarian duty" toward allied forces in Iran, Iraq, Lebanon, and Palestine - specifically saying there was coordination with Iran . Getty Images The Houthis first announced last week they would be joining the war, but it has been the last 24 to 48 hours that Israel has really been subject of some of the biggest inbound rocket attacks in weeks . This is because not only have Houthi forces stepped up attacks alongside Iran, but Hezbollah is increasing them too : Four people were lightly injured as Hezbollah fired around 130 rockets at northern Israel on Wednesday and Thursday, the start of the Passover holiday, as the military struck dozens of sites in Lebanon belonging to the Iran-backed terror group. The bombardment as Israelis celebrated the first two days of the Passover festival sent hundreds of thousands of people into shelters, as Iran continued to also launch missiles at the country, including the north. The Houthis have very powerful, and longer-range rockets (compared to Hezbollah, apparently) - which were supplied (or assisted in terms of development) by Iran. The Houthis are warning of more missile waves to come so long as Iran is attacked, saying the US-Israeli strikes "will only push free Yemen toward further escalation . " One conflict monitor has compiled some recent examples of the tight Iran-Hezbollah-Houthi coordination this week : The coordination seems to have been ...
Key PointsNuclear energy is gaining traction as countries seek to secure energy independence and meet growing demand for power from data centers and utilities.
Key PointsNuclear energy is gaining traction as countries seek to secure energy independence and meet growing demand for power from data centers and utilities.
May WTI crude oil (CLK26 ) on Thursday closed up +11.42 (+11.41%), and May RBOB gasoline (RBK26 ) closed up +0.1966 (+6.36%). Crude oil and gasoline prices rallied sharply on Thursday, with crude posting a 3.5-week high. Crude prices are soaring after President Trump pledged more aggressive action against Iran...
May WTI crude oil (CLK26 ) on Thursday closed up +11.42 (+11.41%), and May RBOB gasoline (RBK26 ) closed up +0.1966 (+6.36%). Crude oil and gasoline prices rallied sharply on Thursday, with crude posting a 3.5-week high. Crude prices are soaring after President Trump pledged more aggressive action against Iran...
May Nymex natural gas (NGK26 ) on Thursday closed down -0.019 (-0.67%). Nat-gas prices added to this week's decline on Thursday, posting a fresh 5-week nearest-futures low. A larger-than-normal build in weekly nat-gas storage weighed on prices on Thursday after the EIA reported nat-gas inventories rose +36 bcf for the...
May Nymex natural gas (NGK26 ) on Thursday closed down -0.019 (-0.67%). Nat-gas prices added to this week's decline on Thursday, posting a fresh 5-week nearest-futures low. A larger-than-normal build in weekly nat-gas storage weighed on prices on Thursday after the EIA reported nat-gas inventories rose +36 bcf for the...
Complex CEO Aaron Levant discusses teaming up with Fanatics to launch 'Complex Bets', a sports betting and trading content platform aimed at bringing pop culture to the betting and predictions market. He talks with Katie Greifeld on "The Close." (Source: Bloomberg)
Complex CEO Aaron Levant discusses teaming up with Fanatics to launch 'Complex Bets', a sports betting and trading content platform aimed at bringing pop culture to the betting and predictions market. He talks with Katie Greifeld on "The Close." (Source: Bloomberg)
British Columbia , the western Canadian province that once boasted a top AAA credit rating, was downgraded by S&P Global Ratings for the fifth time since 2021 on Thursday. “Budgetary imbalances are expected to remain among the highest of all rated non-US local and regional governments beyond the outlook horizon,” S&P said in a statement. The downgrade comes weeks after Canada’s third-most populous...
British Columbia , the western Canadian province that once boasted a top AAA credit rating, was downgraded by S&P Global Ratings for the fifth time since 2021 on Thursday. “Budgetary imbalances are expected to remain among the highest of all rated non-US local and regional governments beyond the outlook horizon,” S&P said in a statement. The downgrade comes weeks after Canada’s third-most populous province released its annual budget, and on the heels of a separate downgrade from Moody’s Ratings last month. Before its string of rating cuts, BC held an AAA rating with S&P for 14 years. British Columbia’s fiscal trajectory means “the province’s debt burden is also rising at a fast pace, placing it, on a per operating revenue basis, at 255%,” S&P said. “This is among the highest for Canadian provinces by fiscal 2029.” As for the broader economy, BC’s output will be subdued thanks to lower immigration and trade uncertainty, S&P added. Read More: BC to Cut 15,000 Jobs But Spending and Debt to Rise Anyway
AlbertPego Italy will begin receiving liquefied natural gas from t he Golden Pass LNG joint venture between QatarEnergy and Exxon Mobil ( XOM ) starting in June, helping plug a potential supply gap caused by disruptions from Qatar due to the Middle East war, Reuters reported Thursday. Italy is already receiving LNG from the U.S., but these cargoes would be the first coming from Golden Pass facil...
AlbertPego Italy will begin receiving liquefied natural gas from t he Golden Pass LNG joint venture between QatarEnergy and Exxon Mobil ( XOM ) starting in June, helping plug a potential supply gap caused by disruptions from Qatar due to the Middle East war, Reuters reported Thursday. Italy is already receiving LNG from the U.S., but these cargoes would be the first coming from Golden Pass facilities in Texas to Italy's Adriatic LNG terminal, according to the report . Iranian attacks have knocked out 17% of Qatar's LNG export capacity, QatarEnergy's CEO and state minister for energy affairs has said. Golden Pass LNG said earlier this week it had produced its first LNG, paving the way for delivery of an initial cargo; once fully operational, the facility will be able to produce 18M metric tons/year. More on Exxon Mobil Exxon Mobil: Boosted By Powerful Pricing And Volume Tailwinds Exxon Mobil: Iran War Creates Earnings Upside Exxon Mobil: Avoid Being The Latecomer To The Energy Party (Downgrade)