Bereaved families have marked the final day of witness testimony in the long-running Covid inquiry by saying government “incompetence, chaos and callousness is now on the public record”. Matt Fowler, the co-founder of Covid-19 Bereaved Families for Justice UK (CBFFJ), urged officials to use the inquiry as a blueprint “to take brave, decisive, urgent action” and warned that the country was still no...
Bereaved families have marked the final day of witness testimony in the long-running Covid inquiry by saying government “incompetence, chaos and callousness is now on the public record”. Matt Fowler, the co-founder of Covid-19 Bereaved Families for Justice UK (CBFFJ), urged officials to use the inquiry as a blueprint “to take brave, decisive, urgent action” and warned that the country was still not prepared for a future crisis. “We will continue to fight for the inquiry’s recommendations to be implemented in full, and we will push back against the growing tide of conspiracy theorists that want to ignore the evidence and politicise saving lives,” he said outside Dorland House in London, where the inquiry hearings took place. The Covid inquiry has become the most expensive in history, with total costs now at £203.98m, covering the inquiry setup, the chair and lawyers’ salaries and the running of hearings. Previously the most expensive public inquiry was the Bloody Sunday inquiry, which cost £191.2m. The Covid inquiry has been criticised by groups such as the Taxpayers’ Alliance for being long and costly. A Covid inquiry spokesperson said it had a broader scope than any previous public inquiry and the now completed public hearings were the most expensive part of its work. In total there were 238 public hearing days held across the UK, with 381 individual witnesses and more than 600,000 evidence documents, equating to about 5m pages of evidence. Last year, the government said there were 286 full-time staff members working on the inquiry’s 10 separate investigations, called modules. These covered resilience and preparedness, decision-making and political governance, the healthcare system, vaccines, procurement, the care sector, test and trace, children and young people, the economic response and the impact on society. Evidence for all 10 modules has now been heard, but the inquiry chair, Lady Hallett, has published her final findings only on the first two. Her first repo...
When They Realize That They Are The Only Ones In The Theatre zGel/iStock via Getty Images In our previous coverage of EPR Properties ( EPR ), we examined the prospects for the common and preferred shares and concluded that there was one real standout. We go over that trade and why we made a switch. We also opine on the valuation of the common shares and tell you why one preferred class is extremel...
When They Realize That They Are The Only Ones In The Theatre zGel/iStock via Getty Images In our previous coverage of EPR Properties ( EPR ), we examined the prospects for the common and preferred shares and concluded that there was one real standout. We go over that trade and why we made a switch. We also opine on the valuation of the common shares and tell you why one preferred class is extremely overvalued. Previous Trade EPR has three preferred shares. 1) EPR Properties PFD C CV 5.75% ( EPR.PR.C ) 2) EPR Properties CONV PFD 9% SR E ( EPR.PR.E ) 3) EPR Properties 5.750% CUM PFD G ( EPR.PR.G ) In our last article, we went with EPR.PR.E, as it was radically underpriced compared to the other two and sported the highest stripped yield of 7.6%. EPR.PR.E was around $30.06 when we conducted the trade. Seeking Alpha The stock meandered around there for a couple of weeks and then took off in the new year. The main reason for its pricing was that people continue to see it as a regular preferred share where the $25 holds some kind of redemption upper limit. As explained previously, this one is a different beast, and 7.6% of it was a gift. While the yield was enticing, it was only the yield that was enticing. We were not believers in a runaway case for the common shares, and hence the conversion was not at all a booster, at least at this price. Hence, when it reached $34.00, we took half off. At a 6.7% stripped yield, EPR.PR.E shares were mildly attractive and no longer the stellar bargain they were just three months back. As we have pointed out recently, you are getting 7% plus yields with even higher credit ratings than those of EPR preferred shares. Plus, if we can lock in 65% annualized returns on preferred shares, we will do it all year long. What We Bought Interestingly, the day after we took that position off, EPR.PR.G came into the right spot. When we had purchased EPR.PR.E in December, EPR.PR.G was trading at $20.64. Seeking Alpha We were able to pick up a position ...
Here are some of the stocks making the biggest moves in midday trading. CoreWeave — The cloud company's stock popped 8% after it announced a multiyear agreement with Perplexity. The AI company will power its next-generation inference workloads on CoreWeave's platform. Broadcom — Shares moved 2% higher ahead of the chipmaker's fiscal first-quarter earnings report, expected after the bell. Analysts ...
Here are some of the stocks making the biggest moves in midday trading. CoreWeave — The cloud company's stock popped 8% after it announced a multiyear agreement with Perplexity. The AI company will power its next-generation inference workloads on CoreWeave's platform. Broadcom — Shares moved 2% higher ahead of the chipmaker's fiscal first-quarter earnings report, expected after the bell. Analysts polled by LSEG are calling for earnings of $2.03 per share on revenue of $19.18 billion. Dow Inc — KeyBanc upgraded the stock to overweight from sector weight, saying that higher oil prices will benefit U.S. ethylene producers such as Dow. Its stock rose 4% after the call. According to FactSet, the firm said about 11% to 15% of global ethylene capacity is directly tied to the Iran conflict, and U.S. and European inventories are low. KKR — Shares of the alternative asset manager were up 3% after prominent insiders disclosed their purchase of the stock. Co-CEOs Scott Nuttall and Joseph Bae bought KKR shares totaling $8.8 million last week, according to filings with the Securities and Exchange Commission. Brown-Forman – The maker of Jack Daniel's whiskey reversed premarket gains and was last down more than 6%. Management said on a conference call that cost pressures related to the company's barreled whiskey are expected to persist and that expenses around the barrels themselves could present a "year-over-year challenge" to gross margins next year, according to a FactSet transcript of the call. Moderna — The biotechnology firm rose 12% after it said it agreed to pay up to $2.25 billion to settle a lawsuit with Arbutus Biopharma and Genevant Sciences over a Covid vaccine patent. Ross Stores — Shares popped 7% after the off-price retailer reported better-than-expected fourth quarter financial results that showed its sales are rising. The company's earnings came in at $2.00 per share, topping analysts' consensus estimate of $1.90, per FactSet. It also brought in $6.64 billion in r...
Yahoo Finance's John Hyland tracks today's top moving stocks and biggest market stories in this Market Minute, including cryptocurrency bitcoin (BTC-USD) getting a boost above $73,000 per token, while chipmaker Broadcom (AVGO) is set to report its latest earnings results after Wednesday's market close. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minut...
Yahoo Finance's John Hyland tracks today's top moving stocks and biggest market stories in this Market Minute, including cryptocurrency bitcoin (BTC-USD) getting a boost above $73,000 per token, while chipmaker Broadcom (AVGO) is set to report its latest earnings results after Wednesday's market close. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
MOZCO Mateusz Szymanski Shares of Uber Technologies ( UBER ) rose 0.58% to $ 76.80 in the afternoon trade on Wednesday, adding to a six-session winning streak. The stock has gained around 7% between February 24 and March 3 compared to a 1.07% fall of the S&P 500 during the same period. The move comes amid recent developments, including coverage of urban policy shifts after a judge ruled the Trump ...
MOZCO Mateusz Szymanski Shares of Uber Technologies ( UBER ) rose 0.58% to $ 76.80 in the afternoon trade on Wednesday, adding to a six-session winning streak. The stock has gained around 7% between February 24 and March 3 compared to a 1.07% fall of the S&P 500 during the same period. The move comes amid recent developments, including coverage of urban policy shifts after a judge ruled the Trump administration’s move to end New York City’s congestion toll was unlawful, continued attention on autonomous driving after Wayve raised $1.2B from backers including Microsoft, Nvidia, and Uber, and updates on Uber’s push into aerial mobility alongside Joby. The company also announced plans to acquire parking app SpotHero, adding to strategic expansion efforts during the period. According to Seeking Alpha’s Quant Rating system, UBER is rated Hold, with a score of 3.12 out of 5, receiving an A+ for profitability, but offset by a D- in terms of momentum. A Seeking Alpha analysis said Uber has become a volatile “battleground” stock as investors debate whether autonomous vehicles represent a threat or tailwind, adding that “the unit economics of AV technology could offer a tailwind for Uber Technologies.” The analyst noted that “70% of contra-revenue… expenses are driver-related,” arguing that eliminating human-driver costs could lift profitability, and pointed out that Uber’s “200 million+ user network” gives it leverage with AV partners. The note also highlighted diversification, stating that “approximately 50% of total revenue is generated internationally” and “approximately 50% of total gross bookings is generated through the delivery segment.” On Wall Street, 47 of 56 analysts rate the stock Buy or higher, eight recommend Hold, and one recommends a Strong Sell. Shares have gained around 1.85% in the past one month, and is down approximately 7.15% year-to-date. More on Accel Entertainment, Inc. 2025 Q4 - Results - Earnings Call Presentation Amplifon S.p.A. 2025 Q4 - Results ...
Just_Super/E+ via Getty Images Discussing The Latest Developments At Gorilla I downgraded Gorilla Technology Group Inc. ( GRRR ) stock from "Buy" to "Hold" back in June 2025 due to a lack of earnings visibility and emerging risk factors, and since then, the stock has managed to lose over 35% despite the tech sector's strength (especially the strength of AI-tied enablers). Yesterday, the GRRR stock...
Just_Super/E+ via Getty Images Discussing The Latest Developments At Gorilla I downgraded Gorilla Technology Group Inc. ( GRRR ) stock from "Buy" to "Hold" back in June 2025 due to a lack of earnings visibility and emerging risk factors, and since then, the stock has managed to lose over 35% despite the tech sector's strength (especially the strength of AI-tied enablers). Yesterday, the GRRR stock lost another 7.78% after reporting below-consensus GAAP EPS and above-consensus revenue figures: Seeking Alpha The management previously had a guidance range of $100-110 million for FY2025, and the $35.6 million they achieved for Q4 made it possible to have a record full-year revenue of $101.4 million (+35.7%), which is close to the low end of the range. On an adjusted basis, the EPS looked much better than on the GAAP basis (in both absolute terms and compared to the consensus): For the fourth quarter the market consensus was roughly around $34.75 million of revenue and adjusted EPS of $0.30. Based on our full year results, our fourth quarter revenue was approximately $35.6 million, which is well above consensus. And based on the implied fourth quarter adjusted earnings, our adjusted EPS was roughly around $0.37, which is about 22% beat versus the $0.30 consensus. Source: GRRR's Q4 earnings call . I liked to see Gorilla's balance sheet improving in Q4 as the firm ended the FY2025 with $104.8 million in total cash amid the YoY debt reduction of 35.6% (down to $13.8 million). Effectively, I think GRRR won't need extensive dilution to fund its future operations expansion. What likely drove down the stock's price action following the Q4 was the firm's wider-than-usual guidance range for FY2026 - now they expect $137-200 million in sales. This range was driven by the delivery schedules of several major data center projects like the $1.4 billion partnership with Freyr Singapore. The management noted at a separate conference that if the deployment of Phase One in 1H 2026 does we...
Peru’s agricultural exporters are rushing to prepare for an unexpected year of bad weather that could slow a long growth streak that turned the South American nation into a fruit and vegetable powerhouse. Heat and heavy rains from the El Niño weather phenomenon could damage crops and alter harvests, threatening to cut revenue from farm shipments to a little over $15 billion this year, short of the...
Peru’s agricultural exporters are rushing to prepare for an unexpected year of bad weather that could slow a long growth streak that turned the South American nation into a fruit and vegetable powerhouse. Heat and heavy rains from the El Niño weather phenomenon could damage crops and alter harvests, threatening to cut revenue from farm shipments to a little over $15 billion this year, short of the $16 billion originally projected, according to Gabriel Amaro, head of agribusiness group AGAP. Still, it would surpass the $14.5 billion record set in 2025. “We are going to grow even if it’s a weak or moderate El Niño,” Amaro said. But no matter the intensity, “it’s still going to have an impact.” Fruits in harvest season in March that could be affected include avocados, citrus, pomegranates and some blueberries, he said. The weather phenomenon poses a potential slowdown for an industry accustomed to double-digit annual growth rates, one that made Peru the top exporter of grapes and blueberries and a major supplier of mangoes, asparagus and avocados over the last two decades. The US and Europe are the main markets for Peruvian farm exports, with China also gaining ground. This year’s El Niño wasn’t on Peru’s radar until recently. But as heavy rains swept across the country over the past few weeks, signaling the start of the weather pattern, agricultural exporters activated their contingency plans, including crop protection measures such as drainage systems, drawing on lessons from the past, Amaro said. The last major El Niño event in Peru hit in 2017, claiming 162 lives and reducing the country’s annual economic growth by 0.8 percentage points, according to the central bank. In 2023, another El Niño, combined with a fertilizer crisis, made it the worst year for Peruvian agriculture in three decades, although higher global prices helped offset losses in exports. Overall, the weather pattern cut 1.1 percentage points from growth that year. AGAP argues greater crop diversifi...
OpenAI ( OPENAI ) CEO Sam Altman told employees late Tuesday that the company can't tell the Pentagon how to use its AI technology. “So maybe you think the Iran strike was good and the Venezuela invasion was bad,” Altman told OpenAI employees during a company meeting, according to CNBC . “You don’t get to weigh in on that.” Altman added that operational decisions about how the military uses OpenAI...
OpenAI ( OPENAI ) CEO Sam Altman told employees late Tuesday that the company can't tell the Pentagon how to use its AI technology. “So maybe you think the Iran strike was good and the Venezuela invasion was bad,” Altman told OpenAI employees during a company meeting, according to CNBC . “You don’t get to weigh in on that.” Altman added that operational decisions about how the military uses OpenAI's technology will ultimately be made by War Secretary Pete Hegseth. OpenAI, best known for its ChatGPT AI models, announced an agreement with the Pentagon last week that allows for its AI tech to be deployed across classified systems. The CEO also noted that xAI ( X.AI ), which is run by Tesla ( TSLA ) CEO Elon Musk, recently signed a deal that allows the Pentagon to use its Grok AI technology in classified systems. “I believe we will hopefully have the best models that will encourage the government to be willing to work with us, even if our safety stack annoys them,” Altman said at the employee meeting. “But there will be at least one other actor, which I assume will be xAI, which effectively will say, ‘We’ll do whatever you want.’” Altman's remarks come in the wake of rival Anthropic ( ANTHRO ) refusing to allow the Pentagon to access its Claude AI technology without assurances that it wouldn't be used for mass domestic surveillance or fully autonomous weapons. The Trump administration responded by “blacklisting” Anthropic, barring government agencies from using its technology and government contractors from doing business with the company. Anthropic is backed by Amazon ( AMZN ) and Alphabet ( GOOG ) ( GOOGL ). Alphabet's Google is reportedly in negotiations with the Pentagon over the use of its Gemini AI models. OpenAI, which was co-founded with Musk, is backed by Microsoft ( MSFT ). Musk's xAI ( X.AI ), which also owns X, recently merged with his SpaceX ( SPACE ) transportation company, which also owns Starlink ( STRLK ). XAI reportedly plans to go public later this ye...
"It was a really important moment for me, in terms of taking a look at my life and being able to say to myself: 'OK, what do I want to do with my life? How do I want to live my life?'
"It was a really important moment for me, in terms of taking a look at my life and being able to say to myself: 'OK, what do I want to do with my life? How do I want to live my life?'
Artem_Egorov/iStock via Getty Images Introduction After excitement around a merger that would have pushed Strathcona Resources ( SCR:CA ) ( STHRF ) to become investment grade, investors have reined in expectations after the failed merger, discounting adjacent growth narratives around the company. Strathcona is a largely overlooked pure-play oil E&P company in Canada with high potential for growth ...
Artem_Egorov/iStock via Getty Images Introduction After excitement around a merger that would have pushed Strathcona Resources ( SCR:CA ) ( STHRF ) to become investment grade, investors have reined in expectations after the failed merger, discounting adjacent growth narratives around the company. Strathcona is a largely overlooked pure-play oil E&P company in Canada with high potential for growth and improved valuation. Under modest expectations, the company is set to scale faster than peers and exhibit an upward-moving ROIC in the coming decade. SCR is a great company to gain exposure to the energy industry with and is poised to outperform and generate alpha against the index. Company Background The origin of Strathcona Resources dates from 2017, when its parent fund, the Waterous Energy Fund (WEF), acquired two companies, which were renamed Strath Resources and Cona Resources, respectively. After consolidation of Strath and Cona alongside new acquisitions in WEF's portfolio in 2020, Strathcona Resources was formed and has since scaled to become the fifth-largest oil producer in Canada. Strathcona Resources continued to make acquisitions from 2020 to 2023 during an industry downturn, going public in October 2023. In December 2025, Strathcona Resources released a special dividend of $10.00 per share to return the original invested capital to shareholders. As a result, the ticker has seen a price drop post dividend trading. Recently the company divested its Montney natural gas business to pay down debt, improve margins, and shift towards a pure-play oil-producing company. Strathcona Resources has three main producing business units. These units are Lloydminster Thermal, Strathcona's most profitable line; Lloydminster Conventional, Strathcona's smallest segment with fewer growth opportunities; and Cold Lake, Strathcona's biggest producer with the largest reserves and highest organic growth. Investment Thesis SCR is poised to outperform the Canadian energy sector in co...
Karnage: Korea Kospi Suffers Biggest Crash In History - Is It A Buying Opportunity? Yesterday we discussed the dramatic move in Korean stocks , which saw the Kospi tumble by 7.4%, its biggest drop since the August 2024 carry trade unwind, and which put a dramatic halt to the historic meltup in the country's stock market driven almost entirely by memory (Samsung and SK Hynix) and semiconductor stoc...
Karnage: Korea Kospi Suffers Biggest Crash In History - Is It A Buying Opportunity? Yesterday we discussed the dramatic move in Korean stocks , which saw the Kospi tumble by 7.4%, its biggest drop since the August 2024 carry trade unwind, and which put a dramatic halt to the historic meltup in the country's stock market driven almost entirely by memory (Samsung and SK Hynix) and semiconductor stocks. However, as we noted earlier this week when we pointed out the unprecedented pile up in the Korea ETF which was virtually identical to what happened in silver in January, just before the commodity crashed, the euphoric investor pile up in the main Korean index was screaming a " get me out of here" warning... Korea ETF volume pic.twitter.com/9PSDyTXyHJ — zerohedge (@zerohedge) March 2, 2026 ... and one which suggested that the pain for Korean stocks was only starting. That proved accurate because overnight the Kospi suffered its biggest drop in history, surpassing both the covid and Lehman crashes, plunging by over 12% (one day after tumbling by 7.4%) in a move that was accompanied by a circuit-breaking trading halt, broad-based degrossing and leveraged liquidations (similar to what happened in crypto on Oct 10 last year). In fact, the move briefly tipped the Kospi into a bear market after the index dropped more than 20% from its all time high reached just 2 days earlier! As Bloomberg describes the carnage, "panic swept across trading desks in South Korea as local stocks, by far the hottest in the world over the past year, extended their selloff into Wednesday." The report notes that the high-flying Kospi Index, which until last week was up 50% YTD (!) just suffered for its biggest two-day drop since 2008, and biggest one-day drop ever. The losses were driven by the heavyweights that had supercharged the market higher until last month — Samsung Electronics, SK Hynix and Hyundai Motor. Trading in both Kospi and Kosdaq shares was suspended for 20 minutes after the gauges f...
Earnings Call Insights: Gran Tierra Energy Inc. (GTE) Q4 2025 Management View Gary Guidry, President and CEO, opened by noting the company’s strengthened liquidity and balance sheet following a successful bond exchange for its 9.5% senior secured amortizing notes due in 2029, with approximately 88% participation, and the recent Simonette disposition. Guidry highlighted the strategic expansion into...
Earnings Call Insights: Gran Tierra Energy Inc. (GTE) Q4 2025 Management View Gary Guidry, President and CEO, opened by noting the company’s strengthened liquidity and balance sheet following a successful bond exchange for its 9.5% senior secured amortizing notes due in 2029, with approximately 88% participation, and the recent Simonette disposition. Guidry highlighted the strategic expansion into Azerbaijan, describing it as “a compelling and a capital-efficient addition to our portfolio” and emphasizing the partnership with SOCAR for access to established infrastructure and European energy markets. Ryan Ellson, Executive VP of Finance & CFO, stated, “Combined with our prepayment agreement and recent Simonette disposition, we are entering 2026 with a meaningfully enhanced liquidity position and a stronger balance sheet.” Ellson explained the amended prepayment agreement now provides up to $175 million incremental capacity plus a $25 million accordion, and allows for opportunistic bond buybacks while continuing capital allocation to high-return opportunities. Ellson described the company’s hedging strategy, with approximately 50% of 2026 oil volumes hedged at an average floor of $60 and AECO gas swaps covering 14,200 GJs per day at $2.77 per GJ. Sebastien Morin, Chief Operating Officer, announced, “In South America, we delivered greater than 100% reserve replacement on both a PDP and 2P basis, driven by exploration success and strong asset performance.” Morin added that the Raju-2 well in Suroriente is producing about 790 barrels of oil per day at less than 1% water cut, exceeding initial expectations. Outlook Management stated the capital program for 2026 is “pretty well set” and that even with oil above $80, no material changes to capital allocation are expected for 2026, with any incremental cash likely going to debt reduction or balance sheet improvement. Entry into Azerbaijan is positioned as a longer-term growth lever, with most capital deployment there expect...
The S&P 500 Index ($SPX) (SPY) today is up +0.87%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.66%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.52%. March E-mini S&P futures (ESH26) are up +0.81%, and March E-mini Nasdaq futures (NQH26) are up +1.49%. Stock indexes are moving higher today as US economic strength outweighs Iran war concerns. Signs of economic resilience and cooling ...
The S&P 500 Index ($SPX) (SPY) today is up +0.87%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.66%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.52%. March E-mini S&P futures (ESH26) are up +0.81%, and March E-mini Nasdaq futures (NQH26) are up +1.49%. Stock indexes are moving higher today as US economic strength outweighs Iran war concerns. Signs of economic resilience and cooling inflationary pressures are lifting stocks today. The US labor market continues to grow after the Feb ADP employment report showed employers added more jobs than expected. Also, the US service economy expanded at the fastest pace in 3.5 years last month, while service price pressures fell to an 11-month low. Join 200K+ Subscribers: Stocks also have support on a report that Iran made indirect contact with the US to negotiate an end to the war, boosting hopes that the conflict could end sooner than expected. The NY Times reported that operatives from Iran’s Ministry of Intelligence used backchannels to contact the CIA a day after US-Israeli attacks began. However, Iran’s semi-official Tasnim news agency called the report “pure falsehood and psychological warfare.” Stock gains are limited amid heightened global trade tensions after Treasury Secretary Scott Bessent said proposed 15% tariffs on goods imported into the US may take effect this week. Crude oil prices fell from sharp overnight gains and are little changed on the NY Times report that said Iranian operatives made an offer to the US to discuss terms for ending the conflict. Crude prices remained lower even after Iran denied the report. Crude oil prices were also undercut by carryover from Tuesday, when President Trump said the US will ensure the free flow of energy through the Strait of Hormuz with insurance guarantees and even naval escorts. However, the Strait of Hormuz remains closed after Iran’s Islamic Revolutionary Guard Corps said that “we will set fire to any ship attempting to pass through” the strait, which ru...
MiniMed Group Inc. , a maker of diabetes management devices that will be separated from health giant Medtronic Plc , is spurring debate among analysts over whether its growth prospects justify the valuation it’s seeking in an IPO. The Northridge, California-based company, which is targeting a raise of as much as $784 million in an initial public offering that’s pricing Thursday, plans to expand th...
MiniMed Group Inc. , a maker of diabetes management devices that will be separated from health giant Medtronic Plc , is spurring debate among analysts over whether its growth prospects justify the valuation it’s seeking in an IPO. The Northridge, California-based company, which is targeting a raise of as much as $784 million in an initial public offering that’s pricing Thursday, plans to expand the reach of its portfolio of insulin pumps and glucose monitoring devices within the global diabetes market, its filings show. Despite being pitched to investors at a discount to peers, the IPO is seeing price-sensitive orders at the low end of the $25 to $28 per share marketed price range, Bloomberg News reported Wednesday. Investors’ appetite for medical equipment IPOs is well advanced, after gloves, gowns and exam tables maker Medline Inc. delivered the biggest listing of 2025. With MiniMed’s offering already oversubscribed, a successful debut could entice other listings in the sector. That assumes the market decides to cooperate, with this week’s twists and turns in the Iran war threatening to bring back volatility at any moment. Read More: Busiest US Share Sale Week Since November Defies War MiniMed may struggle to grow sales and earnings as it expands to offering its automated insulin delivery system through pharmacies like its listed peers Insulet Corp. , Tandem Diabetes Care Inc. and Beta Bionics Inc. , according to JPMorgan Chase & Co. analyst Robbie Marcus . Today, patients traditionally access MiniMed’s diabetes products from specialized medical equipment suppliers. MiniMed’s valuation based on forward adjusted Ebitda would come at a discount to listed firms such as Dexcom Inc., Insulet and Tandem, a person familiar with the matter has said . The company’s core product, MiniMed 780G system includes an automated pump that adjusts insulin delivery to manage patients’ blood sugar from automated readings with compatible continuous glucose monitor sensors. Referring to...
The investigation into Chen comes as several other former senior executives at ICBC’s Shandong and Qingdao branches have come under scrutiny. Photo: VCG An internal audit executive at Industrial and Commercial Bank of China Ltd. (ICBC) has lost contact, sources told Caixin, the latest disappearance of a senior manager at China’s largest commercial lender as a sweeping anti-corruption campaign engu...
The investigation into Chen comes as several other former senior executives at ICBC’s Shandong and Qingdao branches have come under scrutiny. Photo: VCG An internal audit executive at Industrial and Commercial Bank of China Ltd. (ICBC) has lost contact, sources told Caixin, the latest disappearance of a senior manager at China’s largest commercial lender as a sweeping anti-corruption campaign engulfs the financial sector. Chen Bing, deputy head of the Tianjin branch of ICBC’s internal audit bureau, recently became unreachable, the sources said. Caixin’s repeated calls and text messages to Chen’s mobile phone went unanswered. Authorities have yet to officially confirm his situation.
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Broadcom’s fair value estimate has been trimmed slightly from $456.59 to $453.06, a small adjustment that signals a more measured stance in the latest analyst work. That reset sits alongside research that is turning more balanced on AI infrastructure demand an...
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Broadcom’s fair value estimate has been trimmed slightly from $456.59 to $453.06, a small adjustment that signals a more measured stance in the latest analyst work. That reset sits alongside research that is turning more balanced on AI infrastructure demand and how much investors are willing to pay for Broadcom’s role in that story. As you read on, you will see how these shifting price targets and narratives fit together and what they can mean for how you track the stock from here. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Broadcom. What Wall Street Has Been Saying 🐂 Bullish Takeaways TD Cowen and Citi both keep positive ratings on Broadcom while trimming targets, highlighting AI infrastructure investment, compute and networking exposure, and the view that concerns around gross margin and TPU competition are largely reflected in the share price. RBC Capital, despite a lower target, expects Broadcom's upcoming Q1 report to come in ahead of expectations, supported by TPU and networking demand. This points to ongoing execution in key AI related segments. Mizuho raised its target to US$480 earlier in the year and included Broadcom among its preferred names in semiconductors, grouping it with AI accelerators and related areas that it sees as attractive. DA Davidson notes that investors have broadened their AI focus beyond Nvidia to include Broadcom, memory and optical names. This frames Broadcom as part of a wider group of AI beneficiaries on the Street’s radar. 🐻 Bearish Takeaways HSBC, TD Cowen, Citi and RBC have all cut price targets, pointing to a reset in valuations for AI related names and questions around premium multiples. This can cap how much investors are prepared to pay even if fundamentals are viewed constructively. RBC highlights uncertainty arou...
Valerie Terranova/Getty Images Entertainment Target ( TGT ) is cutting employee bonuses for the second year in a row as the company struggles to overcome declining sales and profitability pressures and to help finance new CEO Michael Fiddelke’s initiatives to improve business operations. According to Bloomberg, salaried employees in Target’s ( TGT ) corporate offices, stores, and distribution cent...
Valerie Terranova/Getty Images Entertainment Target ( TGT ) is cutting employee bonuses for the second year in a row as the company struggles to overcome declining sales and profitability pressures and to help finance new CEO Michael Fiddelke’s initiatives to improve business operations. According to Bloomberg, salaried employees in Target’s ( TGT ) corporate offices, stores, and distribution centers will receive bonuses that are 75% of their eligible amount. This is down from the 87% of the eligible amount in 2024. On Tuesday during the company’s earnings call with analysts , Fiddelke laid out his plan to revive the business and restore traffic through the use of generative AI to more quickly capture trends, invest in the company’s supply chains, and increase spending on payroll and training, all of which will require Target ( TGT ) to increase its capex budget by another $1B. But for 2025, employees will have to feel some of the pain of reviving the business before reaping the rewards. “You can expect us to continue to invest in things like we’ve done in the past: wages, benefits, programs…and more hours to use on the sales floor,” Fiddelke said during the company’s earnings call, suggesting 2026 might be a more profitable year for employees as well. More on Target Target Corporation (TGT) Q4 2025 Earnings Call Transcript Target Looks Cheap, But One Metric Says Otherwise (Earnings Review) Target: I'm Waiting For Q4 Results Before Making A Move (Downgrade) Target outlines $2B incremental investment and 2% sales growth plan for 2026 while accelerating store remodels and digital expansion Target bets on increased capex, AI, and new stores to reverse decline
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." It’s day two of Bloomberg Open Interest on the road at the Bloomberg Invest Conference — where the power players shaping the future of money take center stage. Today, the biggest investors in private capital reveal where the smart money is really moving in the AI boom. Julie Solomon of Ares on the...
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." It’s day two of Bloomberg Open Interest on the road at the Bloomberg Invest Conference — where the power players shaping the future of money take center stage. Today, the biggest investors in private capital reveal where the smart money is really moving in the AI boom. Julie Solomon of Ares on the new economy land grab. Scott Kapnick of HPS on whether private credit can withstand a higher-for-longer world. Marsh CEO John Doyle talks about how global insurers price war risk as conflict in the Middle East escalates. Bruce Richards of Marathon Asset Management warns leveraged software default rates could hit 15%. Is software the next energy-style blowup? And State Street’s Yie-Hsin Hung on how institutional investors are positioning as geopolitical turmoil roils markets. (Source: Bloomberg)
This season’s title battle reminds me of the famous fight scene from dystopian 80s classic “They Live”. It’s been long, attritional and hard to watch at times, with neither party looking truly convincing. Arsenal and Manchester City were both fortunate to collect three points from bruising encounters with Chelsea and Leeds; now they have to get back in the ring tonight. Arsenal go to Brighton, whe...
This season’s title battle reminds me of the famous fight scene from dystopian 80s classic “They Live”. It’s been long, attritional and hard to watch at times, with neither party looking truly convincing. Arsenal and Manchester City were both fortunate to collect three points from bruising encounters with Chelsea and Leeds; now they have to get back in the ring tonight. Arsenal go to Brighton, where they haven’t lost in their previous five trips. City host Nottingham Forest, who are battling relegation and have lost on their last three visits to the Etihad by an aggregate score of 11-0. Later, Manchester United visit Newcastle, hoping to make a dramatic late entry into a two-horse title race. Aston Villa and Chelsea have both been overtaken by a surging United side, but earned a reprieve in the top-five chase with Liverpool’s shock defeat at Wolves. They meet at Villa Park tonight with both teams in stuttering form, and both eager to get back on track before European campaigns resume next week. Finally, West Ham head to Fulham looking to revive their survival push and turn up the heat on Forest, Spurs and Leeds above them. The bad news for Nuno and co: Fulham have won seven out of their last 10 night matches at home, while West Ham have won one of their eight London derbies this season.
US Senate to vote on Trump's war powers as Iran conflict continues The measure, which is not expected to pass, would require the withdrawal of US forces from the operation until approved by Congress.
US Senate to vote on Trump's war powers as Iran conflict continues The measure, which is not expected to pass, would require the withdrawal of US forces from the operation until approved by Congress.
GOP Rep. Tony Gonzales heads to a runoff in Texas amid a new ethics probe in the House toggle caption Samuel Corum/Getty Images/Getty Images North America One day after Rep. Tony Gonzales was forced into a May runoff in the Republican primary in his district, the House Ethics Committee announced it's launching a formal investigation into the Texas Republican. The panel voted to establish a subcomm...
GOP Rep. Tony Gonzales heads to a runoff in Texas amid a new ethics probe in the House toggle caption Samuel Corum/Getty Images/Getty Images North America One day after Rep. Tony Gonzales was forced into a May runoff in the Republican primary in his district, the House Ethics Committee announced it's launching a formal investigation into the Texas Republican. The panel voted to establish a subcommittee to probe allegations that Gonzales "engaged in sexual misconduct towards an individual employed in his congressional office and/or discriminated unfairly by dispensing special favors or privileges." This comes after Gonzales faced increasing pressure from members in his party to resign or drop out of his race after explicit text messages from him to his then-employee Regina Santos-Aviles were published in The San Antonio Express-News. NPR has not independently verified these text messages. Sponsor Message Santos-Aviles died by suicide last September. Gonzales has previously denied wrongdoing. His office did not immediately respond to NPR's request for comment on the announcement of the ethics probe. It is against the House's code of conduct for lawmakers to have sexual relationships with staff. On Tuesday night, Gonzales advanced to a May 26 runoff against challenger Brandon Herrera. House Speaker Mike Johnson, R-La., has previously said that Gonzales needs to address the allegations with his constituents, and that he is entitled to due process. "As in every case like this, you have to allow the investigations to play out and all the facts to come out," Johnson told reporters last week. "If the accusation of something is going to be the litmus test for someone being able to continue to serve in the House, you'll have a lot of people who would have to resign or be removed or expelled from Congress." The Ethics Committee probe could take months to complete. It will announce the members who will serve on the investigative subcommittee once they are selected.
Dividend Kings, the companies that have raised their dividends annually for at least 50 consecutive years, are often considered stable long-term investments. It's tough to maintain that streak through recessions, wars, interest rate spikes, and other macro headwinds, so the companies that join that elite list are usually well-oiled, cash-generating machines. When interest rates rose in 2022 and 20...
Dividend Kings, the companies that have raised their dividends annually for at least 50 consecutive years, are often considered stable long-term investments. It's tough to maintain that streak through recessions, wars, interest rate spikes, and other macro headwinds, so the companies that join that elite list are usually well-oiled, cash-generating machines. When interest rates rose in 2022 and 2023, many Dividend Kings lost their luster as investors pivoted toward safer fixed-income investments. Still, a lot of them bounced back over the following three years as the Federal Reserve cut its benchmark rates again. Two of those Kings are Coca-Cola (KO 1.29%) and S&P Global (SPGI +0.75%), which have both rallied about 30% over the past three years. Let's see why they're both still great stocks to buy this month, even if the S&P 500 seems historically expensive at 29 times earnings. Coca-Cola Coca-Cola, the world's top beverage company, might seem like a risky investment as soda consumption declines worldwide. But to offset that pressure, it diversified its portfolio over the past several decades to include bottled water, fruit juices, teas, sports drinks, energy drinks, coffee, and other non-carbonated drinks. It also refreshed its flagship sodas with smaller serving sizes, new flavors, and healthier versions. Expand NYSE : KO Coca-Cola Today's Change ( -1.29 %) $ -1.02 Current Price $ 78.31 Key Data Points Market Cap $341B Day's Range $ 77.76 - $ 79.42 52wk Range $ 65.35 - $ 82.00 Volume 506K Avg Vol 18M Gross Margin 61.75 % Dividend Yield 2.57 % Coca-Cola only sells the concentrates and syrups for those drinks, while its independent bottling partners actually produce and sell the finished drinks. That streamlined, capital-light business model enables it to generate plenty of cash to fund its dividends -- which it's raised annually for 64 consecutive years. It currently pays a forward yield of 2.6%, and its low trailing payout ratio of 67% indicates it can easily affo...