If you’re hunting for reliable income in this choppy market, dividend stocks and high-yield bonds could be your best bets right now. With President Trump’s pro-energy policies firing up infrastructure and rates potentially easing, these assets scream value. With that in mind, here are three smart options to juice your portfolio, backed by rock-solid fundamentals. ... Bonds or Dividend Stocks? Do B...
If you’re hunting for reliable income in this choppy market, dividend stocks and high-yield bonds could be your best bets right now. With President Trump’s pro-energy policies firing up infrastructure and rates potentially easing, these assets scream value. With that in mind, here are three smart options to juice your portfolio, backed by rock-solid fundamentals. ... Bonds or Dividend Stocks? Do Both With These Investing Options
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on LiveRamp Holdings (RAMP – Research Report) and Broadcom (AVGO – Research Report). LiveRamp Holdings (RAMP) In a report released today, Clark Wright from D.A. Davidson maintained a Buy rating on LiveRamp Holdings, with a price target of $35.00. The company’s shares closed last Friday at $28.83. Accordin...
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on LiveRamp Holdings (RAMP – Research Report) and Broadcom (AVGO – Research Report). LiveRamp Holdings (RAMP) In a report released today, Clark Wright from D.A. Davidson maintained a Buy rating on LiveRamp Holdings, with a price target of $35.00. The company’s shares closed last Friday at $28.83. According to TipRanks.com, Wright has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -10.3% and a 26.0% success rate. Wright covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, ZoomInfo Technologies, and Manhattan Associates. ;'> The word on The Street in general, suggests a Strong Buy analyst consensus rating for LiveRamp Holdings with a $36.25 average price target, which is a 23.9% upside from current levels. In a report issued on February 19, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $27.00 price target. See Insiders’ Hot Stocks on TipRanks >> Broadcom (AVGO) D.A. Davidson analyst Gil Luria maintained a Hold rating on Broadcom today and set a price target of $375.00. The company’s shares closed last Friday at $330.62. According to TipRanks.com, Luria is a 4-star analyst with an average return of 8.5% and a 46.9% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Advanced Micro Devices, and Palantir Technologies. ;'> Currently, the analyst consensus on Broadcom is a Strong Buy with an average price target of $460.40, implying a 38.4% upside from current levels. In a report released yesterday, TipRanks – Anthropic also downgraded the stock to Hold with a $342.00 price target. Disclaimer & DisclosureReport an Issue
CBL & Associates Properties recently completed the US$43.5 million acquisition of Gateway Mall in Lincoln, Nebraska, a 95% occupied, market-dominant enclosed shopping center anchored by national retailers including Dillard’s, JCPenney, and Tesla, while also entering a firm contract to sell an open-air center as part of its capital recycling program. This combination of acquiring a high-yield enclo...
CBL & Associates Properties recently completed the US$43.5 million acquisition of Gateway Mall in Lincoln, Nebraska, a 95% occupied, market-dominant enclosed shopping center anchored by national retailers including Dillard’s, JCPenney, and Tesla, while also entering a firm contract to sell an open-air center as part of its capital recycling program. This combination of acquiring a high-yield enclosed mall and selling a non-core open-air asset highlights CBL’s effort to reshape its portfolio mix toward properties it expects to be more cash-flow accretive. We’ll now examine how CBL’s emphasis on capital recycling and the Gateway Mall acquisition influences the company’s broader investment narrative. Capitalize on the AI infrastructure supercycle with our selection of the 35 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. What Is CBL & Associates Properties' Investment Narrative? To own CBL & Associates, you really have to buy into a story of a mall REIT that is actively reshaping its portfolio and capital structure, rather than just clipping coupons from legacy assets. The Gateway Mall acquisition and the planned sale of a non-core open-air center fit squarely into that, reinforcing capital recycling as one of the key short term catalysts alongside regular dividends and ongoing buybacks. The deal adds a high-occupancy, enclosed center that management expects to be cash-flow accretive, which could support earnings quality as one-off gains that boosted recent results roll off. At the same time, CBL still carries meaningful debt, and interest cover is tight, so each acquisition or redevelopment decision matters more than headline portfolio growth. Overall, this news looks incrementally positive, not transformational, for the near-term story. However, CBL’s leverage and interest coverage remain pressure points investors should not ignore. Despite retreating, CBL & Associates Properties' shares might still be trading 1...
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Texas Instruments and Nvidia are working together on new sensor fusion technology and AI integration for humanoid robots. The collaboration focuses on improving perception and safety, aiming to support more reliable use of humanoid robots in real-world setting...
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Texas Instruments and Nvidia are working together on new sensor fusion technology and AI integration for humanoid robots. The collaboration focuses on improving perception and safety, aiming to support more reliable use of humanoid robots in real-world settings. The news highlights Texas Instruments' push into advanced robotics and physical AI applications that could reach multiple industries over time. Texas Instruments, listed as NasdaqGS:TXN, is stepping further into AI and robotics with this collaboration. This adds a fresh angle to how investors might look at the business beyond its core analog and embedded products. The stock trades at $193.23, with a return of 23.2% over 3 years and 28.4% over 5 years, which gives investors some medium term context for how the market has valued the company. For investors watching physical AI and robotics, this move shows how Texas Instruments is positioning its technology for use in humanoid systems that need reliable sensing and control. The breadth of possible applications, from industrial use to services, means this development could be relevant for those tracking where AI meets real world hardware. Stay updated on the most important news stories for Texas Instruments by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Texas Instruments. NasdaqGS:TXN Earnings & Revenue Growth as at Mar 2026 📰 Beyond the headline: 3 risks and 3 things going right for Texas Instruments that every investor should see. Quick Assessment ✅ Price vs Analyst Target : At US$193.23, the share price is roughly 13% below the US$221.55 analyst price target range midpoint. ❌ Simply Wall St Valuation : Shares are described as trading 18.4% above estimated fair value, suggesting a premium to intrinsic value estimates. ❌ Recent Momentum: The 30 day return of...
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. U.S. officials have released draft rules that would introduce tiered export controls on AI chips, aiming to tighten oversight of advanced processors shipped to certain markets. Qualcomm (NasdaqGS:QCOM) has joined other chipmakers in pushing back on the proposa...
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. U.S. officials have released draft rules that would introduce tiered export controls on AI chips, aiming to tighten oversight of advanced processors shipped to certain markets. Qualcomm (NasdaqGS:QCOM) has joined other chipmakers in pushing back on the proposals, arguing the measures could affect access to key international customers and slow AI adoption. At the same time, Qualcomm is promoting its new Dragonwing processor for robotics, highlighting plans to grow beyond smartphones into AI enabled machines and automation. For you as an investor, the story around Qualcomm is no longer just about mobile handsets and connectivity. The company is closely tied to global demand for AI capable chips, and the draft U.S. export rules put a spotlight on how policy decisions can influence its potential customer base. Qualcomm's interest in robotics with Dragonwing points to areas where it is trying to apply its chip and software stack outside of traditional phones. Future developments will depend on how the export framework is finalized and on the pace at which robotics and other AI edge applications gain traction. As you follow NasdaqGS:QCOM, it may be useful to watch both the regulatory process and customer adoption of new products like Dragonwing, since together they could influence where revenue opportunities emerge across regions and end markets. Stay updated on the most important news stories for QUALCOMM by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on QUALCOMM. NasdaqGS:QCOM 1-Year Stock Price Chart Is QUALCOMM's balance sheet strong enough for future acquisitions? Dive into our detailed financial health analysis. Quick Assessment ✅ Price vs Analyst Target : At US$135.69 versus a consensus target of US$159.54, the price sits about 17% below where analysts on average s...
The War Dept. formally labeled Anthropic a national security threat, designating it a “supply-chain risk” under federal statute. This requires the Pentagon and every contractor doing business with the military to immediately stop using Anthropic’s Claude AI services for all defense-related work. Private-sector customers remain unaffected, and Anthropic continues serving commercial clients without ...
The War Dept. formally labeled Anthropic a national security threat, designating it a “supply-chain risk” under federal statute. This requires the Pentagon and every contractor doing business with the military to immediately stop using Anthropic’s Claude AI services for all defense-related work. Private-sector customers remain unaffected, and Anthropic continues serving commercial clients without interruption. For ... Anthropic Deemed a ‘National Security Threat’ — Is Palantir Technologies At Ri
Quick Read Palantir (PLTR) must immediately stop using Anthropic’s Claude in Pentagon contracts and rebuild classified defense workflows; the War Department designated Anthropic a supply-chain risk, banning all defense contractors from using its AI services. The Pentagon acted after an Anthropic executive questioned Palantir about Claude’s use in the Venezuela raid to capture Maduro, exposing risk...
Quick Read Palantir (PLTR) must immediately stop using Anthropic’s Claude in Pentagon contracts and rebuild classified defense workflows; the War Department designated Anthropic a supply-chain risk, banning all defense contractors from using its AI services. The Pentagon acted after an Anthropic executive questioned Palantir about Claude’s use in the Venezuela raid to capture Maduro, exposing risks of AI vendor dependency in mission-critical operations. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE. The War Dept. formally labeled Anthropic a national security threat, designating it a “supply-chain risk” under federal statute. This requires the Pentagon and every contractor doing business with the military to immediately stop using Anthropic’s Claude AI services for all defense-related work. Private-sector customers remain unaffected, and Anthropic continues serving commercial clients without interruption. For Palantir Technologies (NYSE:PLTR), however, the directive creates a genuine headache. The company’s Artificial Intelligence Platform (AIP) powers some of the Pentagon’s most sensitive, mission-critical operations -- and Claude has been deeply embedded in those classified workflows. While Palantir’s platform supports multiple large language models, the specific integrations tied to high-stakes defense contracts relied on Anthropic as the sole provider. Unwinding that dependency will not be seamless. The Rift That No One Saw Coming As the controversy blew up over the past week, the public narrative lacked any context for what triggered it. Speculation swirled around Anthropic’s safety guardrails, its refusal to greenlight “all lawful purposes” (including mass domestic surveillance and fully autonomous lethal weapons), and broader tensions over AI control. READ: The analyst who called NVIDIA in 2010 just named his top 10 AI stocks Yesterday, though, Under Secretary of Defense for Research and Engineering Emil Michael app...
AMD's GAIA open-source framework for building AI agents that run locally on Ryzen AI hardware via the Radeon iGPUs and/or NPUs is up to version 0.16. With this new GAIA release is support for developing AI agents purely in C++ with no longer needing to depend upon Python.GAIA has long catered to the Python programming language use as is popular with AI developers. While now with GAIA 0.16 is a nat...
AMD's GAIA open-source framework for building AI agents that run locally on Ryzen AI hardware via the Radeon iGPUs and/or NPUs is up to version 0.16. With this new GAIA release is support for developing AI agents purely in C++ with no longer needing to depend upon Python.GAIA has long catered to the Python programming language use as is popular with AI developers. While now with GAIA 0.16 is a native C++17 framework port. The same agent loop and tool registry and MPC interface is now available without any Python dependence. This allows easily writing AI agents for Ryzen AI hardware in pure C++: More code examples and other details on this native C++ framework via the cpp directory of GAIA. The GAIA 0.16 release also improves its Python codebase, adds new health and WiFI agent examples, a new "CleanConsole" terminal UI for C++ agents, and other new features.
The S&P 500 ( SP500 ) closed in the red on Friday, after the week saw escalating geopolitical tensions in the Middle East and military confrontations between the U.S. and Iran. For the week, Nasdaq ( COMP:IND ) was mostly flat, while Dow ( DJI ) lost 1.9%, respectively. Wall Street had a slew of upgrades and downgrades from analysts. Here are some of the major calls for the week: MongoDB in focus ...
The S&P 500 ( SP500 ) closed in the red on Friday, after the week saw escalating geopolitical tensions in the Middle East and military confrontations between the U.S. and Iran. For the week, Nasdaq ( COMP:IND ) was mostly flat, while Dow ( DJI ) lost 1.9%, respectively. Wall Street had a slew of upgrades and downgrades from analysts. Here are some of the major calls for the week: MongoDB in focus after Q4 results Baird downgraded MongoDB ( MDB ) to Neutral from Outperform and reduced its price target by nearly 50%, to $260 from $500, following the company’s fourth-quarter results. “While growth would have been 30% normalized for a bundling impact, it still missed investor expectations (investors were looking for the fourth consecutive quarter of acceleration). The weaker-than-expected FQ4 beat also affects the starting point for FQ1 and F2027,” said Baird analysts William Power and Yanni Samoilis. Barclays reduced its price target to $370 from $440 on the stock, while Needham slashed its price target by 40% to $300 from $500. Citi, Wedbush, and Wolfe Research also lowered PT. Citi, which maintained its Buy rating, said “the market reaction was overdone.” Wedbush analyst Dan Ives also maintained Outperform rating. "While this was a major hiccup, we remain positive on the name as new and existing customers leverage its platform to modernize legacy applications while driving margin expansion and cash flow generation,” Ives said. Tesla gets a bull rating from BofA Bank of America picked up coverage on Tesla ( TSLA ) reinstating the stock with a Buy rating. The firm called the EV maker the current leader in consumer autonomy. BofA set a price objective of $460 on the stock. "We expect TSLA to quickly become a leader in robotaxi services, given its ability to scale more profitably than competitors. We see autonomous vehicles spurring the next era of mobility and, as the most significant change agent in the Auto 2.0 landscape, offering consumers the prospect of saving time...
As of this writing (March 5), Tesla (TSLA 2.07%) stock is trading for roughly $404 per share -- equating to a market capitalization of $1.3 trillion. This valuation reflects a high degree of collective optimism following an otherwise volatile performance in 2025. Many analysts on Wall Street view Tesla through the lens of an automotive manufacturer -- obsessed with the company's quarterly vehicle ...
As of this writing (March 5), Tesla (TSLA 2.07%) stock is trading for roughly $404 per share -- equating to a market capitalization of $1.3 trillion. This valuation reflects a high degree of collective optimism following an otherwise volatile performance in 2025. Many analysts on Wall Street view Tesla through the lens of an automotive manufacturer -- obsessed with the company's quarterly vehicle delivery and production figures. The smartest money, however, is looking at something else entirely: Tesla's vision to become a services business powered by artificial intelligence (AI). Below, I'll break down how Tesla stock could potentially reach over $2,000 per share by 2030 as the company evolves from a car company and into a distributed physical AI ecosystem. Key 1: Monetizing full self-driving at scale The first crux of Tesla's long-term bull thesis revolves around its ambitions in autonomous driving. In Tesla's recent earnings report, investors learned that subscriptions to the company's full self-driving (FSD) platform grew 38% year over year to 1.1 million paid customers. This represents 12% of Tesla's all-time cumulative vehicle deliveries. As Tesla inches closer to 8 billion cumulative miles driven with FSD, more regulators will hopefully understand and accept the case for Tesla launching a global robotaxi service. If Tesla can capture a mere fraction of the estimated $10 trillion robotaxi market, the company's automotive hardware becomes the path to unlock a recurring, high-margin software operation. Key 2: Scaling Optimus globally This year, Tesla is entering its long-awaited foray into AI-powered robotics. According to CEO Elon Musk, Tesla hopes to transition from prototype to actual production of its humanoid robot, Optimus, by year-end. The long-term upside with Optimus revolves around Tesla's ability to scale Optimus in a way that profits from labor arbitrage. In other words, Tesla must execute on building and commercializing a general-purpose robot that c...
USA Rare Earth (USAR 8.22%) recently updated investors on its medium-term plans as it enters a multiyear execution period, backed by U.S. government and private investment. Buying the stock is not a straightforward investment proposition, as many dynamic factors are at play. Still, the stock will definitely interest investors who like to manifest strongly held political views. Here's why. Heavy an...
USA Rare Earth (USAR 8.22%) recently updated investors on its medium-term plans as it enters a multiyear execution period, backed by U.S. government and private investment. Buying the stock is not a straightforward investment proposition, as many dynamic factors are at play. Still, the stock will definitely interest investors who like to manifest strongly held political views. Here's why. Heavy and light rare earths The odd thing about the company is that it's arguably more strategically important than its peer, MP Materials (MP 0.43%), yet it's not supported with the same favorable terms. USA Rare Earth's Round Top deposit is a rhyolite laccolith rich in crucial heavy rare-earth elements (HREE), such as dysprosium and terbium. Meanwhile, MP Materials' Mountain Pass is a carbonatite deposit containing light rare earth elements (LREEs), notably neodymium and praseodymium. HREEs trade at significantly higher prices than LREEs, with USA Rare Earth management arguing that they trade at 10x-100x the price of LREEs. HREE prices reflect their scarcity, their crucial role in missiles, drones, and electric vehicles, and China's near-total monopoly on them. LREEs are high-volume rare earths that are easier to procure in the West. Comparing USA Rare Earth and MP Materials Investors may be wondering why MP Materials received a deal involving 10-year pricing-floor commitments for its NdPr (neodymium-praseodymium) products and a Department of Defense agreement ensuring that "100% of the magnets produced at the 10X Facility will be purchased by defense and commercial customers, with shared upside," while USA Rare Earth only received government and private investment as well as loans. One answer lies in the fact that Mountain Pass is operational now and MP Materials is producing magnets, with a significant ramp-up when the 10X Facility is built. In comparison, USA Rare Earth plans to start producing magnets at its Stillwater facility in due course, while Round Top is expected to be...
Key Points Tesla is hoping to monetize AI across two verticals: self-driving cars and humanoid robots. Industry research suggests that autonomous systems could be worth several trillions of dollars, but the technology remains largely experimental. While Tesla's upside potential is significant, a lot of things need to go right for the company over the next few years. These 10 stocks could mint the ...
Key Points Tesla is hoping to monetize AI across two verticals: self-driving cars and humanoid robots. Industry research suggests that autonomous systems could be worth several trillions of dollars, but the technology remains largely experimental. While Tesla's upside potential is significant, a lot of things need to go right for the company over the next few years. These 10 stocks could mint the next wave of millionaires › As of this writing (March 5), Tesla (NASDAQ: TSLA) stock is trading for roughly $404 per share -- equating to a market capitalization of $1.3 trillion. This valuation reflects a high degree of collective optimism following an otherwise volatile performance in 2025. Many analysts on Wall Street view Tesla through the lens of an automotive manufacturer -- obsessed with the company's quarterly vehicle delivery and production figures. The smartest money, however, is looking at something else entirely: Tesla's vision to become a services business powered by artificial intelligence (AI). Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Below, I'll break down how Tesla stock could potentially reach over $2,000 per share by 2030 as the company evolves from a car company and into a distributed physical AI ecosystem. Key 1: Monetizing full self-driving at scale The first crux of Tesla's long-term bull thesis revolves around its ambitions in autonomous driving. In Tesla's recent earnings report, investors learned that subscriptions to the company's full self-driving (FSD) platform grew 38% year over year to 1.1 million paid customers. This represents 12% of Tesla's all-time cumulative vehicle deliveries. As Tesla inches closer to 8 billion cumulative miles driven with FSD, more regulators will hopefully understand and accept the case for Tesla launching a global robotaxi service. If Tesla ...
As of this writing (March 5), Tesla (NASDAQ: TSLA) stock is trading for roughly $404 per share -- equating to a market capitalization of $1.3 trillion. This valuation reflects a high degree of collective optimism following an otherwise volatile performance in 2025. Many analysts on Wall Street view Tesla through the lens of an automotive manufacturer -- obsessed with the company's quarterly vehicl...
As of this writing (March 5), Tesla (NASDAQ: TSLA) stock is trading for roughly $404 per share -- equating to a market capitalization of $1.3 trillion. This valuation reflects a high degree of collective optimism following an otherwise volatile performance in 2025. Many analysts on Wall Street view Tesla through the lens of an automotive manufacturer -- obsessed with the company's quarterly vehicle delivery and production figures. The smartest money, however, is looking at something else entirely: Tesla's vision to become a services business powered by artificial intelligence (AI). Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Below, I'll break down how Tesla stock could potentially reach over $2,000 per share by 2030 as the company evolves from a car company and into a distributed physical AI ecosystem. Image source: Getty Images. Key 1: Monetizing full self-driving at scale The first crux of Tesla's long-term bull thesis revolves around its ambitions in autonomous driving. In Tesla's recent earnings report, investors learned that subscriptions to the company's full self-driving (FSD) platform grew 38% year over year to 1.1 million paid customers. This represents 12% of Tesla's all-time cumulative vehicle deliveries. As Tesla inches closer to 8 billion cumulative miles driven with FSD, more regulators will hopefully understand and accept the case for Tesla launching a global robotaxi service. If Tesla can capture a mere fraction of the estimated $10 trillion robotaxi market, the company's automotive hardware becomes the path to unlock a recurring, high-margin software operation. Key 2: Scaling Optimus globally This year, Tesla is entering its long-awaited foray into AI-powered robotics. According to CEO Elon Musk, Tesla hopes to transition from prototype to actual production of its humanoid rob...
As Ukraine fights for its sovereignty on the battlefield, it is also transforming how government works at home. Since launching its digital transformation ministry in 2019, Ukraine has built “Diia,” a super app used by more than 23 million citizens to access documents, pay taxes, register businesses and even marry online. Now, amid war, officials are pushing further, aiming to evolve from a digita...
As Ukraine fights for its sovereignty on the battlefield, it is also transforming how government works at home. Since launching its digital transformation ministry in 2019, Ukraine has built “Diia,” a super app used by more than 23 million citizens to access documents, pay taxes, register businesses and even marry online. Now, amid war, officials are pushing further, aiming to evolve from a digital state to what they call an “AI-native” state, where government services anticipate citizens’ needs while safeguarding security and data sovereignty. (Source: Bloomberg)
Warren Buffett once famously said "our favorite holding period is forever," referring to Berkshire Hathaway 's (NYSE: BRKA) (NYSE: BRKB) stock investment strategy. However, the legendary investor sold stocks regularly, and here are his rules for when to sell and when to hang on. *Stock prices used were the morning prices of March 4, 2026. The video was published on March 7, 2026. Continue reading
Warren Buffett once famously said "our favorite holding period is forever," referring to Berkshire Hathaway 's (NYSE: BRKA) (NYSE: BRKB) stock investment strategy. However, the legendary investor sold stocks regularly, and here are his rules for when to sell and when to hang on. *Stock prices used were the morning prices of March 4, 2026. The video was published on March 7, 2026. Continue reading
OGULCAN AKSOY/iStock Editorial via Getty Images Wall Street ended the week lower as a conflict in the Middle East erupted after Iranian Supreme Leader Ayatollah Ali Khamenei was killed, triggering war escalations and uncertainty within oil supply chains. The S&P (SP500) lost 2.0% , while the tech-heavy Nasdaq Composite (COMP:IND) dipped 1.2% , and the blue-chip Dow (DJI) fell 3.0% . Financials ext...
OGULCAN AKSOY/iStock Editorial via Getty Images Wall Street ended the week lower as a conflict in the Middle East erupted after Iranian Supreme Leader Ayatollah Ali Khamenei was killed, triggering war escalations and uncertainty within oil supply chains. The S&P (SP500) lost 2.0% , while the tech-heavy Nasdaq Composite (COMP:IND) dipped 1.2% , and the blue-chip Dow (DJI) fell 3.0% . Financials extended losses for the second straight week. The State Street Financial Sel Sec SPDR ETF ( XLF ) was down 1.67% from the prior week to $50.57. The Middle East conflict adds to concerns around consumer confidence. Investors were already anxious over the potential impact of AI on the labor force and credit quality in lending to non-depository financial institutions, S&P Global Market Intelligence reported , citing Piper Sandler analyst Scott Siefers. Last week, HSBC Holdings ( HSBC ) stood out as a clear winner among the megacap stocks. However, this week the stock recorded the largest loss in the category. HSBC fell 9.78% week-over-week to $84.05. This week, bank stocks largely underperformed as the Middle East war clouded an already uncertain economic outlook, according to a note by S&P Global Market Intelligence. The war disrupted the flow of oil through the Strait of Hormuz and caused a spike in oil prices, the report noted. Large banks followed in the list, with Goldman Sachs Group ( GS ) pulling back by 4.44% to $821.42, Morgan Stanley ( MS ) down 3.75% W/W to $160.27, and JPMorgan Chase ( JPM ) falling 3.60% to $289.48. Goldman Sachs CEO David Solomon said in a speech at a business summit on Wednesday that he was surprised at the "benign" reaction in financial markets over the conflict in the Middle East, and it may take a "couple of weeks" for investors to more fully digest the impacts, Reuters reported . Notably, Morgan Stanley was said to be eliminating roughly 3% of its global workforce, or about 2,500 jobs. Among largecap stocks, Rocket Companies ( RKT ) topped th...
An 18-year-old Black water polo player filed a lawsuit against one of Los Angeles’s most elite private schools last week, alleging he was sexually assaulted and racially harassed by teammates for years while school staff failed to intervene. Aidan Romain is accusing Harvard-Westlake school in Studio City; its president, Richard Commons; the head of the boys’ water polo program, Jack Grover; and fo...
An 18-year-old Black water polo player filed a lawsuit against one of Los Angeles’s most elite private schools last week, alleging he was sexually assaulted and racially harassed by teammates for years while school staff failed to intervene. Aidan Romain is accusing Harvard-Westlake school in Studio City; its president, Richard Commons; the head of the boys’ water polo program, Jack Grover; and former teammate Lucca van der Woude of allowing a “culture of harassment” within the elite program. The lawsuit was filed on 27 February in Los Angeles superior court. The allegations strike at the heart of one of southern California’s most prominent private schools and a highly competitive high school water polo program. In the lawsuit, Romain and his family argue that school officials ignored or minimized reports of abuse to protect the team and one of its star players: Van der Woude. “Despite repeated, direct disclosures of sexual assault, the school failed to report the abuse, failed to remove the perpetrator, and instead retaliated against the victim,” reads the complaint. View image in fullscreen Aidan Romain. Photograph: Courtesy of Daniel Watkins Romain said the abuse began in August 2022 when he was 14 years old and the only freshman on the varsity team. According to the complaint, Van der Woude allegedly repeatedly digitally penetrated him in locations around campus, including the pool, locker room, showers, weight room and a staircase. The reported harassment, which allegedly involved forcibly and without consent touching Romain’s genitals, lasted through January 2024. According to the complaint, Romain also endured “racial slurs, racially-charged comments, and racist attacks” by his teammates. “Harvard-Westlake will not offer specific comment other than to say that it unequivocally disputes many of the allegations in the lawsuit because they mischaracterize facts and the school’s actions,” the school said in a statement. “The school treated reports of inappropriat...
Washington’s decapitation operation in Iran would push Pyongyang to feel “vindicated” in developing nuclear weapons for its own security and move closer to China and Russia to bolster its deterrence capabilities, according to analysts. On Wednesday, North Korean leader Kim Jong-un inspected the test firing of what the country’s state media called a “strategic cruise missile” from the new 5,000-ton...
Washington’s decapitation operation in Iran would push Pyongyang to feel “vindicated” in developing nuclear weapons for its own security and move closer to China and Russia to bolster its deterrence capabilities, according to analysts. On Wednesday, North Korean leader Kim Jong-un inspected the test firing of what the country’s state media called a “strategic cruise missile” from the new 5,000-tonne naval destroyer Choe Hyon before the vessel’s official commissioning. Kim hailed the warship as a “new symbol of sea-defence capability” after it completed a shakedown cruise as part of the destroyer’s sea trials on Tuesday. Advertisement The North Korean leader said his country had seen “satisfactory progress” in building “the most powerful navy” equipped with nuclear-capable systems. “Our navy’s forces for attacking from under and above water will grow rapidly … All these successes constitute a radical change in defending our maritime sovereignty, something that we have not achieved for half a century,” Kim said, according to the state-run Korean Central News Agency. Advertisement “If any forces are apprehensive about our efforts to build up our defence capabilities, this means that they are precisely our enemy.”