(RTTNews) - Porsche AG (P911.DE) Friday said it has agreed to sell its stakes in Bugatti Rimac and Rimac Group to an international consortium led by HOF Capital, marking a strategic shift toward its core business.
(RTTNews) - Porsche AG (P911.DE) Friday said it has agreed to sell its stakes in Bugatti Rimac and Rimac Group to an international consortium led by HOF Capital, marking a strategic shift toward its core business.
U.S. Attorney for the District of Columbia Jeanine Ferris Pirro speaks during a press conference at the Department of Justice, in Washington, D.C., U.S., Aug. 12, 2025. Annabelle Gordon | Reuters President Donald Trump has repeatedly attacked the independence of the Federal Reserve . Friday's dropping of a Justice Department probe into Federal Reserve Chair Jerome Powell doesn't fully resolve the ...
U.S. Attorney for the District of Columbia Jeanine Ferris Pirro speaks during a press conference at the Department of Justice, in Washington, D.C., U.S., Aug. 12, 2025. Annabelle Gordon | Reuters President Donald Trump has repeatedly attacked the independence of the Federal Reserve . Friday's dropping of a Justice Department probe into Federal Reserve Chair Jerome Powell doesn't fully resolve the threat, though it will clear a path to the confirmation of Trump's nominee for chair, Kevin Warsh . "I think we would be foolish to conclude from this that the Fed is out of the woods," said Lev Menand, a professor at Columbia Law School. Warsh has long pledged to keep the Fed independent, including at his nomination hearing Tuesday. But it remains to be seen how he can hold up against a president who has said lowering interest rates was a litmus test for his nominee. Trump isn't shy about telling normally independent parts of the federal government what to do. The Fed is one of the few holdouts that remain largely outside his control. U.S. Attorney Jeanine Pirro on Friday said she would drop her investigation into cost overruns at Fed renovation projects and Powell's testimony about them. Sen. Thom Tillis , R-N.C., has refused to allow Warsh's nomination to proceed to a full Senate vote while the investigation is pending, because he sees it as a threat to the Fed's ability to decide interest rates free of political considerations . Tillis hasn't said whether he will drop his resistance now that Pirro has backed off. Pirro said she wanted to see the results of an investigation by the Fed's inspector general. "I will not hesitate to restart a criminal investigation should the facts warrant doing so," she said in a statement . The prospect of Pirro potentially reopening the investigation might give the Fed pause, said Scott Alvarez, former general counsel at the Fed. Pirro's office told a judge in March it had no specific evidence of wrong doing that could support issuing sub...
The Oscar winner is set to produce, and possibly star in, a film adaptation of the war game series with Christopher McQuarrie at the helm Michael B Jordan is following up his Oscar win with the announcement of another new project: a big-screen adaptation of the hit video game series Battlefield. According to the Hollywood Reporter , the Sinners star will produce, and possibly star in, a film based...
The Oscar winner is set to produce, and possibly star in, a film adaptation of the war game series with Christopher McQuarrie at the helm Michael B Jordan is following up his Oscar win with the announcement of another new project: a big-screen adaptation of the hit video game series Battlefield. According to the Hollywood Reporter , the Sinners star will produce, and possibly star in, a film based on the long-running war series which is being hyped as the year’s most in-demand project to date in Hollywood Continue reading...
When the headlines and the market tell different stories, trust the market. We're on track for a sixth straight quarter of double-digit earnings growth, and Dave Bartosiak can guide you to stocks with positive surprises and rising estimate revisions.
When the headlines and the market tell different stories, trust the market. We're on track for a sixth straight quarter of double-digit earnings growth, and Dave Bartosiak can guide you to stocks with positive surprises and rising estimate revisions.
Brazil moved to ban prediction markets tied to elections and sporting events, tightening rules on a booming practice that’s drawing scrutiny across the world. In a resolution published Friday, the government’s National Monetary Council prohibited the offering and trading of derivatives whose underlying assets are linked to sporting events, online gambling and “real or virtual events of a political...
Brazil moved to ban prediction markets tied to elections and sporting events, tightening rules on a booming practice that’s drawing scrutiny across the world. In a resolution published Friday, the government’s National Monetary Council prohibited the offering and trading of derivatives whose underlying assets are linked to sporting events, online gambling and “real or virtual events of a political, electoral, social, cultural or entertainment nature.” The measure would also bar contracts based on any subject that doesn’t represent a clear economic or financial reference, to be determined by Brazil’s securities regulator. The decision comes as the South American country’s main stock exchange, B3 SA, explores entering the growing prediction-markets space, which has come under particular scrutiny over insider trading concerns. The exchange has already confirmed it will launch six new contracts on April 27 tied to the Ibovespa equity index, Brazil’s real currency and Bitcoin, and has studied expanding the offering to include event-based contracts, Bloomberg News reported earlier this month. Read more: Brazil’s B3 Eyes Election Bets as It Enters Prediction Markets Among the possibilities under consideration are products linked to elections. B3 has previously sought a legal opinion on whether Brazilian law allows contracts tied to electoral outcomes. Such contracts could have been introduced ahead of the country’s October presidential election, a race expected to be closely contested between President Luiz Inácio Lula da Silva and Senator Flavio Bolsonaro . Recent polls show the two running neck-and-neck in a potential runoff. The new council resolution, however, prohibits that practice. By explicitly banning derivatives linked to political and other non-financial events, policymakers are signaling a more cautious stance toward prediction markets, even as interest in such products grows globally. The council tasked Brazil’s CVM securities and exchange commission with issu...
The Vanguard Total International Stock ETF ( NASDAQ:VXUS ) and iShares Core MSCI Emerging Markets ETF ( NYSEMKT:IEMG ) differ most in geographic scope, sector tilts, and recent performance. VXUS offers broader international exposure, and IEMG concentrates on emerging markets and delivers stronger one-year returns. Both VXUS and IEMG give investors access to stocks outside the United States, but th...
The Vanguard Total International Stock ETF ( NASDAQ:VXUS ) and iShares Core MSCI Emerging Markets ETF ( NYSEMKT:IEMG ) differ most in geographic scope, sector tilts, and recent performance. VXUS offers broader international exposure, and IEMG concentrates on emerging markets and delivers stronger one-year returns. Both VXUS and IEMG give investors access to stocks outside the United States, but their mandates and risk profiles diverge. VXUS spans both developed and emerging markets, aiming for maximum diversification, while IEMG focuses exclusively on emerging markets, leading to different sector weights and return patterns. This comparison breaks down their key differences to help investors decide which approach may best align with their goals. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Continue reading
Eoneren Humacyte ( HUMA ) announced on Friday that the company regained the exclusive rights to develop and commercialize its lead product, Symvess, outside the U.S. following an amendment to a 2018 agreement with Fresenius Medical Care ( FMS ). Under the distribution agreement signed on June 25, 2018, Humacyte ( HUMA ) granted Fresenius ( FMS ) ex-U.S. rights to develop and commercialize Symvess,...
Eoneren Humacyte ( HUMA ) announced on Friday that the company regained the exclusive rights to develop and commercialize its lead product, Symvess, outside the U.S. following an amendment to a 2018 agreement with Fresenius Medical Care ( FMS ). Under the distribution agreement signed on June 25, 2018, Humacyte ( HUMA ) granted Fresenius ( FMS ) ex-U.S. rights to develop and commercialize Symvess, which the FDA approved in 2024 for extremity vascular trauma. The Durham, North Carolina-based biotech said that as part of an amendment added to the agreement on April 21, it has regained those rights from Fresenius ( FMS ). The amended deal allows it to develop, commercialize, and handle all regulatory matters related to Symvess outside the U.S. In exchange, Humacyte ( HUMA ) has agreed to pay the German company low-single-digit royalties on overseas net sales of Symvess following a two-year royalty-free period. The prior terms of the deal in relation to the U.S. rights of Symvess remain unchanged. More on Humacyte, Fresenius Medical Care Humacyte, Inc. (HUMA) Q4 2025 Earnings Call Transcript Humacyte, Inc. (HUMA) Presents at Barclays 28th Annual Global Healthcare Conference Transcript Humacyte, Inc. (HUMA) Presents at TD Cowen 46th Annual Health Care Conference Transcript Humacyte Q4 2025 Earnings Preview Humacyte secures $1.48M Symvess purchase commitment in Saudi Arabia
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today
While $1 million doesn't buy what it used to, it's still considered the gold standard for wealth creation. And for most people, it's surprisingly achievable. It just takes consistency and discipline. If you're willing to invest regularly on a monthly basis, stick with your plan in the face of market volatility, and avoid the desire to spend that money before you hit the retirement finish line, a m...
While $1 million doesn't buy what it used to, it's still considered the gold standard for wealth creation. And for most people, it's surprisingly achievable. It just takes consistency and discipline. If you're willing to invest regularly on a monthly basis, stick with your plan in the face of market volatility, and avoid the desire to spend that money before you hit the retirement finish line, a million-dollar (or multimillion-dollar) portfolio could very much be in your future. The right mix of investments also helps. Many people would start with a core fund, such as the Vanguard S&P 500 ETF or the Invesco QQQ ETF . Some would stop right there. Others may add in some ancillary satellite positions around one of those. Continue reading
Some surprising chip stocks shone in April, helping significantly broaden the artificial intelligence (AI) boom. Shares of analog chipmaker Texas Instruments (NASDAQ: TXN) and chip manufacturing giant Intel (NASDAQ: INTC) have surged in April, and both stories are worth calling out. Since the beginning of the month, Texas Instruments is up about 40%, while Intel has gained more than 70%, as of thi...
Some surprising chip stocks shone in April, helping significantly broaden the artificial intelligence (AI) boom. Shares of analog chipmaker Texas Instruments (NASDAQ: TXN) and chip manufacturing giant Intel (NASDAQ: INTC) have surged in April, and both stories are worth calling out. Since the beginning of the month, Texas Instruments is up about 40%, while Intel has gained more than 70%, as of this writing. That's a huge move in a short amount of time -- especially for two mature semiconductor companies. Continue reading
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Applied Materials, Inc. (Symbol: AMAT), where a total volume of 33,920 contracts has been traded thus far today, a contract volume which is representative of appr
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Applied Materials, Inc. (Symbol: AMAT), where a total volume of 33,920 contracts has been traded thus far today, a contract volume which is representative of appr
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Block Inc (Symbol: XYZ), where a total of 26,683 contracts have traded so far, representing approximately 2.7 million underlying shares. That amounts to about 49.8% of XY
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Block Inc (Symbol: XYZ), where a total of 26,683 contracts have traded so far, representing approximately 2.7 million underlying shares. That amounts to about 49.8% of XY
primeimages/E+ via Getty Images First Quarter Market Discussion Howard Marks famously observed that “when most people think about the future, they ignore that the future is a distribution of possibilities.” The first quarter provided a clear illustration of this principle. Early in the period, there were signs that market performance was broadening beyond companies most closely associated with AI....
primeimages/E+ via Getty Images First Quarter Market Discussion Howard Marks famously observed that “when most people think about the future, they ignore that the future is a distribution of possibilities.” The first quarter provided a clear illustration of this principle. Early in the period, there were signs that market performance was broadening beyond companies most closely associated with AI. A much broader set of equities outperformed on several up and down market days during January and February, contributing to stronger relative returns in mid-cap indices. This trend reversed in March, as geopolitical tensions and the onset of conflict in Iran reintroduced volatility and prompted a shift toward larger companies, along with energy stocks and companies perceived to be relatively insulated from inflationary pressures. In this environment of rapid rotation and elevated uncertainty, our use of four price targets is particularly relevant. For each investment, we define a base case, an upside scenario, a downside case, and a maximum downside scenario associated with more severe market stress. Given current conditions—where enthusiasm surrounding AI remains elevated and risks are omnipresent, this framework provides a structured way to evaluate how securities are priced on a multi-year basis under different scenarios. Rather than relying on a single forecast, it allows us to assess whether price movements reflect changes in underlying fundamental prospects or short-term sentiment. During the quarter, this distinction was especially important as leadership shifted and valuation disparities widened even further in some cases. We believe that over time, fundamental drivers — and importantly the price paid for those fundamentals—will remain the primary determinants of long-term returns. Beneath the surface, excitement surrounding artificial intelligence (AI) continues to foster an environment of extreme valuation disparity between perceived winners and losers of an AI i...