Stocks fell for the second day in a row today as investors responded to news that there would be no negotiations to end the war in Iran as had been planned. All three major indexes finished down 0.6% as earlier momentum toward unwinding the war, including Iran's reclosing of the Strait of Hormuz, has faded. After hours, however, markets got a shot in the arm after President Trump said he would ext...
Stocks fell for the second day in a row today as investors responded to news that there would be no negotiations to end the war in Iran as had been planned. All three major indexes finished down 0.6% as earlier momentum toward unwinding the war, including Iran's reclosing of the Strait of Hormuz, has faded. After hours, however, markets got a shot in the arm after President Trump said he would extend the ceasefire. In a social media post, Trump said he would extend the pause in fighting to give Iran a chance to come up with a unified proposal, saying the ceasefire would continue until "such time as their proposal is submitted and discussions are concluded." Continue reading
Fintel reports that on April 21, 2026, Stifel initiated coverage of Simpson Manufacturing (NYSE:SSD) with a Buy recommendation. Analyst Price Forecast Suggests 19.30% Upside
Fintel reports that on April 21, 2026, Stifel initiated coverage of Simpson Manufacturing (NYSE:SSD) with a Buy recommendation. Analyst Price Forecast Suggests 19.30% Upside
Fintel reports that on April 21, 2026, Truist Securities initiated coverage of PG&E (NYSE:PCG) with a Buy recommendation. Analyst Price Forecast Suggests 34.34% Upside
Fintel reports that on April 21, 2026, Truist Securities initiated coverage of PG&E (NYSE:PCG) with a Buy recommendation. Analyst Price Forecast Suggests 34.34% Upside
NewMexit: Secession In The Southwest? Authored by Stephen Anderson via The Mises Institute, Lea and Roosevelt counties in the US state of New Mexico (NM) in 2026 are seeking to secede and join the state of Texas. “There was a state representative or two from New Mexico who were expressing frustration with the government in Santa Fe,” Texas State Representative Carl Tepper said. “They have expresse...
NewMexit: Secession In The Southwest? Authored by Stephen Anderson via The Mises Institute, Lea and Roosevelt counties in the US state of New Mexico (NM) in 2026 are seeking to secede and join the state of Texas. “There was a state representative or two from New Mexico who were expressing frustration with the government in Santa Fe,” Texas State Representative Carl Tepper said. “They have expressed an interest in being annexed by Texas, . . .” Their action is referred to as “NewMexit.” Ludwig von Mises wrote many times that a group of people in a sovereign nation or province should have the freedom to secede from that place to join another like-minded province or nation or become an independent nation. These two counties are part of a growing US movement where people in counties tire of their state’s policies and taxation that inhibit economic growth, lessen individual freedom, issue cumbersome regulations interfering with operation of a privately-owned business and family decision-making. Here is a March 2025 Mises Power and Market article on this topic. “Republican New Mexico lawmakers have floated the idea of allowing counties to secede from the state to either join another state or create a new state in the United States.” Former New Mexico Republican state Sen. Cliff R. Pirtle of Chaves, Eddy, and Otero counties introduced Senate Joint Resolution 15 in 2021 to amend the state constitution. The resolution died in committee. According to one source, “On Jan. 26, 2026, New Mexico Republican state Reps. Randall Pettigrew of Lea County and Jimmy Mason of Chaves, Eddy and Lea counties tried to revive the secession path for the state’s counties. The representatives introduced House Joint Resolution 10 .” But “. . . the resolution died as it was ‘postponed indefinitely’ in the state’s legislature, which gaveled out of session in mid-February.” The US Census estimated 2025 population for Lea County is about 75,000 and the Roosevelt County estimated 2025 population is ab...
Fintel reports that on April 21, 2026, Truist Securities initiated coverage of Exelon (NasdaqGS:EXC) with a Hold recommendation. Analyst Price Forecast Suggests 12.11% Upside
Fintel reports that on April 21, 2026, Truist Securities initiated coverage of Exelon (NasdaqGS:EXC) with a Hold recommendation. Analyst Price Forecast Suggests 12.11% Upside
Fintel reports that on April 21, 2026, Truist Securities initiated coverage of CMS Energy (NYSE:CMS) with a Buy recommendation. Analyst Price Forecast Suggests 7.32% Upside
Fintel reports that on April 21, 2026, Truist Securities initiated coverage of CMS Energy (NYSE:CMS) with a Buy recommendation. Analyst Price Forecast Suggests 7.32% Upside
Fintel reports that on April 21, 2026, GLJ Research initiated coverage of Comfort Systems USA (NYSE:FIX) with a Buy recommendation. Analyst Price Forecast Suggests 3.39% Upside
Fintel reports that on April 21, 2026, GLJ Research initiated coverage of Comfort Systems USA (NYSE:FIX) with a Buy recommendation. Analyst Price Forecast Suggests 3.39% Upside
Fintel reports that on April 21, 2026, GLJ Research initiated coverage of Everus Construction Group (NYSE:ECG) with a Hold recommendation. Analyst Price Forecast Suggests 2.07% Upside
Fintel reports that on April 21, 2026, GLJ Research initiated coverage of Everus Construction Group (NYSE:ECG) with a Hold recommendation. Analyst Price Forecast Suggests 2.07% Upside
Chip gear maker ASMPT Ltd. sees its second-quarter revenue beating expectations, driven by strong growth from its semiconductor business critical for AI. The company expects revenue in the second quarter of $540 million to $600 million, according to its first-quarter earnings filing , compared to the $531.1-million estimate per Bloomberg consensus. First-quarter sales of $507.9 million beat estima...
Chip gear maker ASMPT Ltd. sees its second-quarter revenue beating expectations, driven by strong growth from its semiconductor business critical for AI. The company expects revenue in the second quarter of $540 million to $600 million, according to its first-quarter earnings filing , compared to the $531.1-million estimate per Bloomberg consensus. First-quarter sales of $507.9 million beat estimates in the earnings report published Wednesday. Profit from continuing operations was HK$326.4 million after the company decided to divest its NEXX business segment. ASMPT said that it expects bookings in the second quarter to remain high, after it recorded $727 million in group bookings in the first quarter, the highest in four years. Looking ahead, structural AI‑driven demand is expected to support revenue growth across both its semiconductor and Surface Mount Technology (SMT) segments in 2026, the company said. While the firm has not experienced any material impact from the war in Iran, it acknowledged that uncertainties remain. Its Hong Kong-listed shares have climbed more than 200% in the last 12 months.
(RTTNews) - The Singapore stock market has moved higher in two straight sessions, rising almost 15 points or 0.3 percent along the way. The Straits Times Index now rests just beneath the 5,015-point plateau and it's likely to open under pressure on Wednesday.
(RTTNews) - The Singapore stock market has moved higher in two straight sessions, rising almost 15 points or 0.3 percent along the way. The Straits Times Index now rests just beneath the 5,015-point plateau and it's likely to open under pressure on Wednesday.
A small group of unauthorized users have accessed Anthropic PBC's new Mythos AI model, which the company says can enable dangerous cyberattacks. (Source: Bloomberg)
A small group of unauthorized users have accessed Anthropic PBC's new Mythos AI model, which the company says can enable dangerous cyberattacks. (Source: Bloomberg)
Earnings Call Insights: Hancock Whitney Corporation (HWC) Q1 2026 Management View "We are pleased to report a solid start to 2026. Our adjusted ROA was 1.43%, ROTCE was 14.64% and EPS was $1.52, all improved from prior quarter." (President, CEO & Director John Hairston) "We are very excited to welcome 27 net new revenue producers to our strong banking team, and we expect to build on the momentum w...
Earnings Call Insights: Hancock Whitney Corporation (HWC) Q1 2026 Management View "We are pleased to report a solid start to 2026. Our adjusted ROA was 1.43%, ROTCE was 14.64% and EPS was $1.52, all improved from prior quarter." (President, CEO & Director John Hairston) "We are very excited to welcome 27 net new revenue producers to our strong banking team, and we expect to build on the momentum we have to generate meaningful balance sheet growth and profitability improvement over the rest of 2026." (President, CEO & Director John Hairston) "Net interest margin expanded 7 basis points this quarter due to higher securities yields following our bond portfolio restructuring and lower cost of funds that outpaced the impacts of lower loan yields in this rate environment." (President, CEO & Director Hairston) "This quarter, we continued to proactively return capital to shareholders through repurchasing 1.4 million shares of our common stock and increasing our quarterly cash dividend 11%, now standing at $0.50 per share." (President, CEO & Director Hairston) "Adjusted for the net loss in the bond portfolio restructuring, net income for the first quarter was $125 million or $1.52 per share compared to $126 million or $1.49 per share in the fourth quarter." (Senior EVP, CFO & Principal Accounting Officer Michael Achary) "We are, however, now assuming no rate cuts throughout 2026 with no significant impact to NII or our NIM." (Senior EVP, CFO & Principal Accounting Officer Achary) Outlook "As shown on Slide 20 of the investor deck, we remain confident in the guidance provided at the beginning of the year and have not made any changes this quarter." (Senior EVP, CFO & Principal Accounting Officer Achary) "Our guidance of mid-single digits for the year for loan growth is unchanged." (President, CEO & Director Hairston) "We have not changed our guidance on deposits as we still expect balances to be up low single digits from 2025 levels." (President, CEO & Director Hairston) Chan...