Investors preferred short-term Senegal bonds at an auction Friday as concerns over its long-term debt sustainability linger. The country raised 88 billion CFA francs ($158 million) at the auction with close to half of the amount secured through a 12-month treasury bill, which drew bids worth 109.4 billion CFA francs, according to results published by UMOA-Titres, the regional institution that hand...
Investors preferred short-term Senegal bonds at an auction Friday as concerns over its long-term debt sustainability linger. The country raised 88 billion CFA francs ($158 million) at the auction with close to half of the amount secured through a 12-month treasury bill, which drew bids worth 109.4 billion CFA francs, according to results published by UMOA-Titres, the regional institution that handles the sales. An offer of a three-year treasury bond attracted 30.9 billion CFA francs in bids, out of which the nation accepted 21.1 billion CFA francs. A 10-year treasury bond garnered 23.7 billion CFA francs demand, with the treasury retaining all the bids. Senegal also sold 2.4 billion CFA francs 5-year bonds and 1.1 billion CFA francs 7-year instrument on Friday. The country has been raising resources on the regional market this year to secure the funding needed for $1.3 billion debt payments due next month. The country was locked out of the international capital market, following the discovery of $7 billion in hidden loans that drove debt burden to 132% of gross domestic product. The International Monetary Fund also suspended a $1.8 billion funding package and talks for a new program drag on with authorities repeatedly rejecting a debt restructuring. In the first five weeks of 2026, the government raised 510 billion CFA francs on the regional market, placing it in a good position to meet at least the roughly $485 million Eurobond payments due in March. The West African nation’s target is to sell another 490 billion CFA francs this quarter after those bond proceeds. Read More: Senegal Secures Funding to Cover Eurobond Payments Due in March On Friday, investors domiciled in Senegal accounted for 59% of securities sold, followed by Beninese buyers at 15% and Ivory Coast at 6%. Buyers from Togo, who snapped up nearly a third of the total 598 billion CFA francs raised so far this year, were absent at the Feb. 20 sale. Sign up here for the twice-weekly Next Africa newslett...
Teva Pharmaceutical ( TEVA ) and its European partner Medincell ( MDCLF ) announced that the FDA has accepted their marketing application for a long-acting version of the antipsychotic medicine olanzapine, developed in partnership with Royalty Pharma ( RPRX ). Specifically, the New Drug Application seeks the U.S. approval of olanzapine extended-release injectable suspension (TEV-'749) to treat adu...
Teva Pharmaceutical ( TEVA ) and its European partner Medincell ( MDCLF ) announced that the FDA has accepted their marketing application for a long-acting version of the antipsychotic medicine olanzapine, developed in partnership with Royalty Pharma ( RPRX ). Specifically, the New Drug Application seeks the U.S. approval of olanzapine extended-release injectable suspension (TEV-'749) to treat adults with schizophrenia with a once-monthly subcutaneous injection. The NDA is supported by data from the companies’ Phase 3 SOLARIS trial, which demonstrated that patients on TEV-'749 were not required to undergo post-administration monitoring. The global trial for schizophrenia patients aged 18 - 64 years also indicated that the safety profile of TEV-'749 as a once-monthly was in line with currently approved olanzapine versions. The current long-acting olanzapine formulations are available with an FDA-mandated Risk Evaluation and Mitigation Strategy, which involves a three-hour post-treatment monitoring period, among other requirements. “For too long, the lack of a viable long-acting olanzapine formulation has limited the options available to these individuals,” said Eric Hughes, chief medical officer of Teva ( TEVA ). “And we look forward to working with the FDA on the review of this NDA for TEV-'749 to help address this gap in care.” More on Teva Pharmaceutical, Royalty Pharma, etc. Teva Pharmaceutical Industries Limited (TEVA) Discusses Duvakitug IBD Phase 2b Maintenance Top-Line Results - Slideshow Teva Pharmaceutical Industries Limited (TEVA) Discusses Duvakitug IBD Phase 2b Maintenance Top-Line Results Transcript Royalty Pharma: 2025 Financial Performance And Strategic Outlook Corcept falls as appeals court sides with Teva in Korlym patent dispute Teva, Sanofi report durable phase 2b efficacy for duvakitug in ulcerative colitis, Crohn’s disease
martin-dm/iStock Unreleased via Getty Images Last fall, I reiterated my hold rating on Apple Inc. ( AAPL ) as I cited solid results, a justified valuation, and a lack of catalysts. My neutral stance has held up well, with the stock having shown modest losses since the publication of that article. Apple's most recent earnings report a few weeks ago made headlines as iPhone sales were reported to be...
martin-dm/iStock Unreleased via Getty Images Last fall, I reiterated my hold rating on Apple Inc. ( AAPL ) as I cited solid results, a justified valuation, and a lack of catalysts. My neutral stance has held up well, with the stock having shown modest losses since the publication of that article. Apple's most recent earnings report a few weeks ago made headlines as iPhone sales were reported to be strong, particularly in China. Today, we'll review these results as well as discuss some noteworthy developments to see if Apple has finally become a buy in my eyes. Seeking Alpha Below, it is shown that FY2026 Q1 was a strong quarter for Apple. Growth has accelerated with iPhone sales and the Chinese market powering their results. Looking forward, their financial guidance is solid, and for the long term, higher R&D spending combined with increased AI efforts shows that the company is moving back to its innovation roots. While there are some risks in the form of memory shortages, I would say that the strengthening momentum of their business shows there is room for multiple expansions from here. Therefore, I'm finally turning bullish on Apple stock. Business Is Good Data by YCharts My first impression of Apple's top-line results is that business was good in their FY2026 Q1. Their products and services segments generated combined revenues of $143.76 billion, and that represented a strong growth rate of 15.65% YoY. You can see above that this was one of the largest accelerations in growth in the past few years and that the growth rate in the first quarter was the strongest in a long time. Therefore, Apple's overall business activity seems to be picking up and is seeing strong momentum. It is also worth mentioning that the company scored a breathtaking beat of expectations. In Q1, their top line surpassed analyst estimates by a shocking $5.23 billion, and so Apple seems to have defied potential consumer weakness headwinds. Given the macro environment both in the U.S. and inter...
martin-dm/iStock Unreleased via Getty Images Last fall, I reiterated my hold rating on Apple Inc. ( AAPL ) as I cited solid results, a justified valuation, and a lack of catalysts. My neutral stance has held up well, with the stock having shown modest losses since the publication of that article. Apple's most recent earnings report a few weeks ago made headlines as iPhone sales were reported to be...
martin-dm/iStock Unreleased via Getty Images Last fall, I reiterated my hold rating on Apple Inc. ( AAPL ) as I cited solid results, a justified valuation, and a lack of catalysts. My neutral stance has held up well, with the stock having shown modest losses since the publication of that article. Apple's most recent earnings report a few weeks ago made headlines as iPhone sales were reported to be strong, particularly in China. Today, we'll review these results as well as discuss some noteworthy developments to see if Apple has finally become a buy in my eyes. Seeking Alpha Below, it is shown that FY2026 Q1 was a strong quarter for Apple. Growth has accelerated with iPhone sales and the Chinese market powering their results. Looking forward, their financial guidance is solid, and for the long term, higher R&D spending combined with increased AI efforts shows that the company is moving back to its innovation roots. While there are some risks in the form of memory shortages, I would say that the strengthening momentum of their business shows there is room for multiple expansions from here. Therefore, I'm finally turning bullish on Apple stock. Business Is Good Data by YCharts My first impression of Apple's top-line results is that business was good in their FY2026 Q1. Their products and services segments generated combined revenues of $143.76 billion, and that represented a strong growth rate of 15.65% YoY. You can see above that this was one of the largest accelerations in growth in the past few years and that the growth rate in the first quarter was the strongest in a long time. Therefore, Apple's overall business activity seems to be picking up and is seeing strong momentum. It is also worth mentioning that the company scored a breathtaking beat of expectations. In Q1, their top line surpassed analyst estimates by a shocking $5.23 billion, and so Apple seems to have defied potential consumer weakness headwinds. Given the macro environment both in the U.S. and inter...
imaginima/iStock via Getty Images Overview Kayne Anderson Energy Infrastructure Fund ( KYN ) offers investors exposure to a wide range of companies in the different sub-sectors within the energy sector. Traditionally, we think of energy companies as the boring providers of power across the world. While this remains true, the rise of AI has created an interesting environment for energy focused fund...
imaginima/iStock via Getty Images Overview Kayne Anderson Energy Infrastructure Fund ( KYN ) offers investors exposure to a wide range of companies in the different sub-sectors within the energy sector. Traditionally, we think of energy companies as the boring providers of power across the world. While this remains true, the rise of AI has created an interesting environment for energy focused funds like KYN. With the growing demand for power to support rising AI demands, the industry may have a new growth catalyst that can expand profitability for years to come. KYN is directly aligned to capture the positive catalysts of the sector, while simultaneously providing a high level of income. Looking at the performance over the last twelve months, we can see that KYN's share price has risen by 5.5%. When including all distributions that were paid out to shareholders, the total return jumps up to about 14.2% over the same time frame. KYN now offers investors a starting dividend yield of 7.4%, while issuing payouts on a monthly basis. The fund continues to demonstrate its ability to support these high payouts, which makes KYN an enticing choice for investors seeking income stability. Data by YCharts Despite the fund's positive performance and potential growth in the future, there are some structural flaws that need to be considered. For instance, KYN is heavily reliant on positive net realized gains to fuel its growth. This can be an issue if the fund is incapable of capturing net realized gains for several years in a row. Additionally, the structure currently leads to very limited price growth, which has caused KYN to underperform a notable peer over the last decade. So let's start by taking a look at the underlying strategy that KYN implements to generate its earnings. Fund Strategy According to the latest fact sheet , KYN has total assets of $3.4B that are spread across a diverse range of energy infrastructure companies. The fund has the primary objective of providing a...
Pipeline companies make ideal long-term investments. Most pipeline operators sell capacity under long-term contracts or government-regulated rate structures, providing them with significant visibility into their future cash flows. Meanwhile, energy demand is growing, which should enable these companies to continue expanding their systems. Enbridge (NYSE: ENB) , Kinder Morgan (NYSE: KMI) , and Will...
Pipeline companies make ideal long-term investments. Most pipeline operators sell capacity under long-term contracts or government-regulated rate structures, providing them with significant visibility into their future cash flows. Meanwhile, energy demand is growing, which should enable these companies to continue expanding their systems. Enbridge (NYSE: ENB) , Kinder Morgan (NYSE: KMI) , and Williams (NYSE: WMB) are three of the best pipeline stocks to buy now . They generate durable cash flows to support their high-yielding dividends. Meanwhile, they have lots of visible growth coming down the pipeline. They could supply investors with a lifetime of steadily rising dividend income. Image source: Getty Images. Continue reading
Campers and hikers have urged Hong Kong authorities to step up public education, law enforcement and impose foot traffic limits at campsites after some areas were flooded with visitors during the Lunar New Year holiday. A visit by the South China Morning Post on Saturday to Ham Tin Wan, a beach in Sai Kung, found about 50 visitors and 30 tents. Empty plastic bottles, used tissue paper and chocolat...
Campers and hikers have urged Hong Kong authorities to step up public education, law enforcement and impose foot traffic limits at campsites after some areas were flooded with visitors during the Lunar New Year holiday. A visit by the South China Morning Post on Saturday to Ham Tin Wan, a beach in Sai Kung, found about 50 visitors and 30 tents. Empty plastic bottles, used tissue paper and chocolate wrappers were seen lying on the sand and in bushes and shrubs. Officers from the Agricultural,...
Win McNamee/Getty Images News The wrangling over tariffs reached a pivotal moment this week after the Suprem e Court’s 6-3 ruling struck down President Donald Trump’s tariffs imposed under the International Emergency Economic Powers Act. The decision effectively dropped U.S. tariff rates to pre-“Liberation Day” levels. Meanwhile, the decision opened discussion about potential corporate refunds fro...
Win McNamee/Getty Images News The wrangling over tariffs reached a pivotal moment this week after the Suprem e Court’s 6-3 ruling struck down President Donald Trump’s tariffs imposed under the International Emergency Economic Powers Act. The decision effectively dropped U.S. tariff rates to pre-“Liberation Day” levels. Meanwhile, the decision opened discussion about potential corporate refunds from the tariffs already collected. Analysts provided estimates ranging from $133B to $175B in possible refunds, which will now become the subject of litigation. As a result, markets are recalibrating expectations for both corporate margins and Treasury funding needs. A nalyst sentiment following the decision remained mixed. While bulls pointed to immediate margin relief for import-dependent companies, bears highlighted the messy refund process and increased Treasury borrowing requirements. Meanwhile, experts also pointed to Trump administration’s intention to pursue alternative tariff mechanisms under a potential Pla n B. Within hours of the announcement of the Supreme Court ruling, Trump revealed that he would impose a new 10% global tariff . What Do Seeking Alpha Analysts Say About The Future of Tariffs? Following the Supreme Court ruling, optimists a rgued for a signi ficant tailwind for import-heavy retailers and consumer discretionary stocks. Analysts specifically highlighted companies like Costco ( COST ), Walmart ( WMT ) and Amazon ( AMZN ) , which could be i n line to r eceive massive refunds . This could potentially fund special dividends, aggressive discounting or capital expenditure boosts. Meanwhile, the disinflationary environment created by tariff removal could give the Federal Reserve more optionality to cut rates, further supporting equities. Companies such as Nike ( NKE ) and lululemon ( LULU ) are expected to see relief from input costs, while logistics firms should also benefit, the bulls contended. However, these potential benefits could be blunted by the ...
Gentler take on mullet has flowed over shoulders at Winter Olympics and is now tossed on red carpets Hair cut ideas are typically drummed up in the salon, but recently a more unconventional source of inspiration has appeared: the vegetable aisle. “Lettuce hair” is trending. A gentler take on a traditional mullet, the new salad style consists of more subtle differences in the length between the bac...
Gentler take on mullet has flowed over shoulders at Winter Olympics and is now tossed on red carpets Hair cut ideas are typically drummed up in the salon, but recently a more unconventional source of inspiration has appeared: the vegetable aisle. “Lettuce hair” is trending. A gentler take on a traditional mullet, the new salad style consists of more subtle differences in the length between the back, sides and top of the hair. Lettuce hair features a loose and often wavy top, softly tapered sides and a feathery tail that skims the back of the neck, resembling leafy greens. Continue reading...
China’s push to sell its J-35 fifth generation fighter jet in the Asia-Pacific was likely to face stiff competition from US rival the F-35 as well as cheaper alternatives, military analysts said after the plane featured at this year’s Singapore Airshow. They said political and economic considerations apart from performance would weigh on potential buyers, and questioned how many countries would wa...
China’s push to sell its J-35 fifth generation fighter jet in the Asia-Pacific was likely to face stiff competition from US rival the F-35 as well as cheaper alternatives, military analysts said after the plane featured at this year’s Singapore Airshow. They said political and economic considerations apart from performance would weigh on potential buyers, and questioned how many countries would want to buy the Chinese plane. In Singapore this month, the booth operated by China National...
Families are navigating the tough choice between unimaginable riches and the identity that comes with land When two men knocked on Ida Huddleston’s door last May, they carried a contract worth more than $33m in exchange for the Kentucky farm that had fed her family for centuries. According to Huddleston, the men’s client, an unnamed “Fortune 100 company”, sought her 650 acres (260 hectares) in Mas...
Families are navigating the tough choice between unimaginable riches and the identity that comes with land When two men knocked on Ida Huddleston’s door last May, they carried a contract worth more than $33m in exchange for the Kentucky farm that had fed her family for centuries. According to Huddleston, the men’s client, an unnamed “Fortune 100 company”, sought her 650 acres (260 hectares) in Mason county for an unspecified industrial development. Finding out any more would require signing a non-disclosure agreement. Continue reading...
The placid surface of an equity market that’s treaded water for months is masking dramatic swings underneath, as stock moves whipsaw traders and threaten more turbulence ahead. Though the S&P 500 Index has notched its narrowest trading range to start a year since the 1960s, according to Barclays Plc , worries over disruptions from artificial intelligence have sparked dizzying swings in one sector ...
The placid surface of an equity market that’s treaded water for months is masking dramatic swings underneath, as stock moves whipsaw traders and threaten more turbulence ahead. Though the S&P 500 Index has notched its narrowest trading range to start a year since the 1960s, according to Barclays Plc , worries over disruptions from artificial intelligence have sparked dizzying swings in one sector to the next. Single-stock volatility stands at about seven times that of the broader market, the widest divergence in at least 30 years, according to the firm. Read more: A Stock Market Doom Loop Is Hitting Everything That Touches AI Such are the contours of a market where breakthroughs in AI — once a source of bullishness — now often fuel uncertainty. The backdrop is taking a toll on investors, who saw the S&P 500 close out the week at almost the same level it traded at four months ago. “This is a stock picker’s market, but not in a conventional sense,” said Michael O’Rourke , chief market strategist at JonesTrading Institutional Services LLC. These days, “stock picking is about avoiding implosions.” ‘New Normal’ Stefano Pascale , head of US equity derivatives research at Barclays, pins the bifurcated volatility dynamic on investors trying to discern which sectors could be next hit by AI disruption, as well as high valuations and elevated rates. Should it persist — strategists on JPMorgan Chase & Co. ’s trading desk expect it to be the “new normal” throughout the year — investors could face several challenges. For one thing, similar backdrops have preceded tectonic market shifts in the past, including the 2008 crash and, more recently, President Donald Trump ’s sweeping tariff rollout last year, according to Barclays. To O’Rourke, the environment also suggests that cracks are forming in investors’ optimistic outlook for the broader market, raising the risks that they will more readily sell if bad news hits. Potential near-term catalysts include a US strike on Iran and earn...
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF, FRA:1SS) earlier this week reported Q3 2026 financial results that CEO Evan Gappelberg described as a corporate “inflection point,” highlighting 59% revenue growth, 20% sequential quarterly growth and record gross margins of 95%. Speaking to Proactive,...
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF, FRA:1SS) earlier this week reported Q3 2026 financial results that CEO Evan Gappelberg described as a corporate “inflection point,” highlighting 59% revenue growth, 20% sequential quarterly growth and record gross margins of 95%. Speaking to Proactive,...
AlexSecret/iStock via Getty Images Overview The market indices haven't been off to the greatest start for 2026. As uncertainty within the technology sector rises, the indices have continued to trade sideways. Technology stocks have sold off from their highs, while capital flows into stocks that are perceived as more defensive against the threat of AI. With volatility rising, I believe that REX FAN...
AlexSecret/iStock via Getty Images Overview The market indices haven't been off to the greatest start for 2026. As uncertainty within the technology sector rises, the indices have continued to trade sideways. Technology stocks have sold off from their highs, while capital flows into stocks that are perceived as more defensive against the threat of AI. With volatility rising, I believe that REX FANG & Innovation Equity Premium Income ETF ( FEPI ) may be able to capitalize on this environment and deliver elevated income levels for investors. When I previously covered FEPI, I issued a buy rating due to the potential to collect tax-efficient income through a longer holding period. Since my last coverage, the fund has just scraped by with a positive total return. Looking at the performance over the last twelve months, we can see that FEPI's share price has declined by 16.3%. Although market indices have risen to all-time highs over the last year, the fund continues to demonstrate that it is structurally incapable of fully participating in the upside growth. When including all distributions that were paid out to shareholders, the total return sits around 6.7% over the same time frame. FEPI now provides investors with a starting dividend yield of ~25%, while issuing payouts on a monthly basis. Data by YCharts After closely observing many different kinds of option ETFs, I believe that investors should have clear expectations on FEPI's performance going forward. The emphasis is clearly put on high-income generation, and this comes with several tradeoffs that must be considered. For instance, FEPI provides diversification across high quality businesses, but the ETF is still prone to NAV erosion through unfavorable market cycles. Additionally, FEPI is almost certain to underperform compared to traditional indices over a longer holding period. Even if technology companies trend sideways over the next few quarters, I am cautious about FEPI's ability to outperform. So let's start...
volodyar/iStock via Getty Images Shares of names in the Transportation sector came under pressure in mid-February following an AI-related sell off. In a prior report focusing on Universal Logistics Holdings ( ULH ), I already discussed the possible implications of AI injection into the freight and logistics industry. In this report, I will take a deeper look at which parts of the transportation an...
volodyar/iStock via Getty Images Shares of names in the Transportation sector came under pressure in mid-February following an AI-related sell off. In a prior report focusing on Universal Logistics Holdings ( ULH ), I already discussed the possible implications of AI injection into the freight and logistics industry. In this report, I will take a deeper look at which parts of the transportation and industrial sector may be affected and why the sell-off may not be justified at all. The SemiCab Platform Whitepaper That Spooked The Transportation Industry Is Arguably Weak Algorhythm Holdings The company that has spooked the market is Algorhythm Holdings ( REMI ). In a whitepaper on SemiCab, its AI-enabled Freight Optimization Platform, it argues that it can reduce waste in the transportation sector. Key findings in the white paper are a significant reduction in empty-miles from 33% to 8% with optimization realized through a shift from transaction driven planning to network-led-planning. Rather than optimizing truckloads on a transaction basis per transportation lane, SemiCab would optimize truckloads across several lanes. The company claims its throughput can be increase 2x-3x compared to the current set up which allows up to 2,000 loads per operator per year. There are several sidenotes that already need to be placed here. The first one is that we saw some readers counter these findings noting that drivers cannot drive so many loads. The 2,000 loads per year figure, however, is not per driver. It is a back-office productivity metric per agent or operator. So, the number of loads planned by the combination of a human planner and the AI-planning software. So, the argument of the driver constraint is invalid. The company did run a pilot according to the whitepaper: Traditional brokerage and manual planning models typically plateau at close to 500 loads, beyond which service quality degrades. Systems supported by an intelligent execution layer can sustain at least 2–3× hi...
I've always wanted to go skydiving. Aerial_Knight's DropShot , from indie developer Aerial_Knight, lets me live out that dream - at least in a safe, virtual kind of way. It also lets me shoot bullets from finger guns, wield laser skulls, and wear cool sunglasses while I'm falling through the air. So maybe it's better than the real thing. Playing as a character named Smoke Wallace, who was bitten b...
I've always wanted to go skydiving. Aerial_Knight's DropShot , from indie developer Aerial_Knight, lets me live out that dream - at least in a safe, virtual kind of way. It also lets me shoot bullets from finger guns, wield laser skulls, and wear cool sunglasses while I'm falling through the air. So maybe it's better than the real thing. Playing as a character named Smoke Wallace, who was bitten by a dragon that gave him the finger gun that can actually shoot bullets, you plummet toward the ground and try to pick off bad guys with that finger gun or by punching them up close. It's a first-person game, and the perspective really helps sell th … Read the full story at The Verge.
DUBAI, United Arab Emirates, Feb. 21, 2026 (GLOBE NEWSWIRE) -- The technical development of Mutuum Finance (MUTM) has reached a new crypto stage of operational readiness. This shift follows the successful activation of the V1 protocol on the Sepolia testnet and the completion of a full security audit.
DUBAI, United Arab Emirates, Feb. 21, 2026 (GLOBE NEWSWIRE) -- The technical development of Mutuum Finance (MUTM) has reached a new crypto stage of operational readiness. This shift follows the successful activation of the V1 protocol on the Sepolia testnet and the completion of a full security audit.