May arabica coffee (KCK26 ) ton Monday closed up +0.75 (+0.25%), and May ICE robusta coffee (RMK26 ) closed up +27 (+0.81%). Coffee prices settled higher on Monday, with arabica climbing to a 2-week high. Below-average rainfall in Brazil may curb coffee yields and is bullish for prices after Somar...
May arabica coffee (KCK26 ) ton Monday closed up +0.75 (+0.25%), and May ICE robusta coffee (RMK26 ) closed up +27 (+0.81%). Coffee prices settled higher on Monday, with arabica climbing to a 2-week high. Below-average rainfall in Brazil may curb coffee yields and is bullish for prices after Somar...
KBW CEO Thomas Michaud discusses how economic resilience is leaving banks well-positioned, and why the Iran War is not impacting them 'right now.' He talks with Katie Greifeld and Isabelle Lee on "the Close." (Source: Bloomberg)
KBW CEO Thomas Michaud discusses how economic resilience is leaving banks well-positioned, and why the Iran War is not impacting them 'right now.' He talks with Katie Greifeld and Isabelle Lee on "the Close." (Source: Bloomberg)
As The Worms Turn... Authored by James Howard Kunstler, "They’re holed up in a bank demanding three large pizzas, a helicopter, and a personal phone call from Sydney Sweeney..." - Greg Gutfeld on Iran’s negotiating position The Russians have a phrase for it: negotiation-incapable ( ne peregovorosposobny ). That is what the Iran delegation demonstrated during a long day of talks with the US team ov...
As The Worms Turn... Authored by James Howard Kunstler, "They’re holed up in a bank demanding three large pizzas, a helicopter, and a personal phone call from Sydney Sweeney..." - Greg Gutfeld on Iran’s negotiating position The Russians have a phrase for it: negotiation-incapable ( ne peregovorosposobny ). That is what the Iran delegation demonstrated during a long day of talks with the US team over the weekend in Islamabad. What part of “no nukes” didn’t they understand? All of it, apparently. The corollary question on the table — arguably more pressing for Iran — was: how much more punishment are you willing to suffer to sustain your dream of atomic bombs? You have no defenses left, no control of your air-space. Do you just want to sit in the dark for the next hundred years? Such is the obduracy of the Shia death cult. They have no friends left in the world. Russia, you think? Not really. That relationship was pegged to geopolitical dynamics that are dead and gone. Russia is much better off normalizing relations with the USA so we can both be safe and secure in our spheres of influence. Europe is busy committing suicide. In this situation, China is little more than Iran’s very unhappy customer. Maybe Uncle Xi Pooh Bear can try talking some sense to whoever is left in-charge at the IRGC. . . give up your lunatic bomb dreams and just re-open the dingdang gas station! Pretty Please! Anyway, why interfere with US operations in Hormuz? The USA is wresting control of the Persian Gulf from these maniacs who can’t be trusted to just stay open for business. Japan, the two Koreas, Indochina, India, also have to stand by with mounting frustration as these jihad-happy idiots starve Asia’s economies. A change in Iran’s attitude can’t happen soon enough and Mr. Trump is on the case. The blockade starts at 10a.m. today, Monday. Whatever’s left of Iran’s revenue stream goes out the window. Maybe they lob some rockets and drones at our ships. Maybe they hit something, maybe not. W...
ismagilov/iStock via Getty Images The AI Revolution has increasingly been compared to the last major technology paradigm shift in the U.S., largely known as the Internet Boom. And it is a good comparison on many fronts. The birth of the internet ushered in greater U.S. productivity. The huge rally in the markets from 1995 to 1999 was largely driven by the major firms driving that revolution, like ...
ismagilov/iStock via Getty Images The AI Revolution has increasingly been compared to the last major technology paradigm shift in the U.S., largely known as the Internet Boom. And it is a good comparison on many fronts. The birth of the internet ushered in greater U.S. productivity. The huge rally in the markets from 1995 to 1999 was largely driven by the major firms driving that revolution, like Cisco Systems ( CSCO ) , much like the rally from 2023 to 2025 was spearheaded by those on the vanguard of the AI revolution, like NVIDIA Corporation ( NVDA ) . Shiller PE Ratio (Multpl) Both the spikes in stocks driven by the deployment of the Internet and the AI Revolution left the overall market trading at extreme measures viewed via myriad traditional valuation metrics. Both technology paradigm shifts drove a huge surge in tech spending that substantially boosted GDP growth for years. However, that is where the comparison largely ends, and viewed dispassionately, 1999 versus 2026 ends with the conclusion that the period of the birth of the internet was significantly superior to the time we are living in now, both from an economic and market perspective. Demographics: U.S. Labor Participation Rate (FRED) Back in 1999, the Baby Boomers were in their prime earning years, and the median age of the U.S. was over four years younger with higher fertility rates as well. This led to a labor participation rate of more than 500 bps higher than where it is now. U.S. Debt to GDP ratio (FRED) More individuals in the workforce resulted in a much more favorable budget picture as well. More individuals were paying payroll and other taxes, and fewer were drawing from Social Security, Medicare, and other costly government programs. The U.S. ran a small fiscal surplus in 1999, compared to the roughly $2 trillion annual fiscal deficits in recent years. The total federal debt was less than $6 trillion as the 20th century came to a close. It is rapidly approaching $40 trillion now. U.S. Feder...
(Bloomberg) -- Nvidia Corp. denied a report from website SemiAccurate that it was seeking an acquisition of a large company that would “reshape the PC landscape.”The website said Nvidia had been negotiating a deal for more than a year. The report sparked a rally Monday in the shares of PC makers Dell Technologies Inc. and HP Inc. “The media report is false; Nvidia is not engaged in discussions to ...
(Bloomberg) -- Nvidia Corp. denied a report from website SemiAccurate that it was seeking an acquisition of a large company that would “reshape the PC landscape.”The website said Nvidia had been negotiating a deal for more than a year. The report sparked a rally Monday in the shares of PC makers Dell Technologies Inc. and HP Inc. “The media report is false; Nvidia is not engaged in discussions to acquire any PC maker,” a company spokesperson told Bloomberg News.Dell and HP are among the top PC v
Palantir Technologies (NASDAQ:PLTR) is a Hold at $130. The stock has pulled back sharply from its highs, but the valuation remains stretched enough to keep aggressive buyers on the sideline even as the underlying business accelerates. Palantir builds software platforms that turn complex data into operational decisions. Its three core products (Gotham for government intelligence ... Palantir At $13...
Palantir Technologies (NASDAQ:PLTR) is a Hold at $130. The stock has pulled back sharply from its highs, but the valuation remains stretched enough to keep aggressive buyers on the sideline even as the underlying business accelerates. Palantir builds software platforms that turn complex data into operational decisions. Its three core products (Gotham for government intelligence ... Palantir At $130: Buy, Sell or Hold
SpaceX, Anthropic, and OpenAI are among the high-valuation companies expected to go public in the coming months. But Peter Singlehurst, head of the private companies team at Baillie Gifford, says public market investors have already missed out on a lot of growth. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
SpaceX, Anthropic, and OpenAI are among the high-valuation companies expected to go public in the coming months. But Peter Singlehurst, head of the private companies team at Baillie Gifford, says public market investors have already missed out on a lot of growth. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Antonio Bordunovi Dell Inc. ( DELL ) fell 3.3% and HP Inc. ( HPQ ) dropped 3.2% in after-hours trading after Nvidia ( NVDA ) said it's not engaged in talks to acquire a PC maker. Nvidia said a report earlier from SemiAccurate that the company has been in negotiations for over a year to acquire a large PC company is "false," according to an emailed statement sent to Bloomberg. “The media report is ...
Antonio Bordunovi Dell Inc. ( DELL ) fell 3.3% and HP Inc. ( HPQ ) dropped 3.2% in after-hours trading after Nvidia ( NVDA ) said it's not engaged in talks to acquire a PC maker. Nvidia said a report earlier from SemiAccurate that the company has been in negotiations for over a year to acquire a large PC company is "false," according to an emailed statement sent to Bloomberg. “The media report is false; Nvidia is not engaged in discussions to acquire any PC maker,” a company spokesperson told Bloomberg. Shares of PC makers: Dell Technologies ( DELL ) surged about 6%, while HP ( HPQ ) jumped around 4% following the initial report. More on Dell, HP, etc. HP Inc.: Willing To Bite At A 6.5% Yield, Despite Memory Risk (Rating Upgrade) Nvidia: The Rerating Is Over, The Growth Story Isn't AI Capex Surge, Bottlenecks, And The Race For ROI Nvidia surges into ninth straight day of gains PC stocks surge after report of Nvidia in talks to buy a PC-focused company
Credo Technology Group ( CRDO ) has entered into a definitive agreement to acquire DustPhotonics, a leading developer of Silicon Photonics Photonic Integrated Circuit (SiPho PIC) technology for optical transceivers, in a cash-and-stock deal. Credo will pay an upfront consideration of $750M cash and ~0.92M shares of Credo common stock. The company may pay incremental contingent consideration of up ...
Credo Technology Group ( CRDO ) has entered into a definitive agreement to acquire DustPhotonics, a leading developer of Silicon Photonics Photonic Integrated Circuit (SiPho PIC) technology for optical transceivers, in a cash-and-stock deal. Credo will pay an upfront consideration of $750M cash and ~0.92M shares of Credo common stock. The company may pay incremental contingent consideration of up to ~3.21M shares based on the achievement of certain financial milestones. Credo expects the transaction will be accretive to non-GAAP earnings per share in its fiscal 2027. The transaction is expected to close in the second quarter of calendar 2026. CRDO +2.69% after hours to $137.91. Source: Press Release More on Credo Technology Credo: 'Optics Threat' Creates The Kind Of AI Buying Opportunity I Dream Of Credo: Fantastic Growth Drivers Ahead Make This A Buy Micron, Credo, Lumentum: 3 AI Strong Buys Credo surges as Jefferies initiates with Buy rating due to AI opportunity Insider trades: Nike, Marvell Technology among notable names
Kraken, one of the world’s oldest crypto exchanges, said it’s being extorted by a criminal group that claims to have access to some client account information. Client funds were never at risk, Nick Percoco , chief security officer for Kraken, said in a post on the X social network on Monday. The exchange didn’t say how much was being sought by the group. Some limited client information — including...
Kraken, one of the world’s oldest crypto exchanges, said it’s being extorted by a criminal group that claims to have access to some client account information. Client funds were never at risk, Nick Percoco , chief security officer for Kraken, said in a post on the X social network on Monday. The exchange didn’t say how much was being sought by the group. Some limited client information — including names and addresses — may have been stolen when client support staffers took photos and videos of the data during two incidents, in 2025 and earlier this year, according to a person familiar with the matter who declined to be named because the details haven’t been made public. The company told about 2,000 clients who may have been affected to be careful with outreach to them, the person said. A spokesperson for Cheyenne, Wyoming-based Payward Inc. , which operates under the name Kraken, declined to comment on what client information was exposed. Customer support has been a frequent target of attacks on crypto exchanges in recent years. Hackers bribed customer service agents at Coinbase Global Inc., for example, to steal client data, and then demanded a $20 million ransom to delete it. Kraken was able to repel a similar attack at that time. “What we are seeing is a shift toward the human layer,” said Ari Redbord , global head of policy and government affairs at TRM Labs. “As technical defenses get stronger, the focus moves to the people inside the system, especially those whose job is to be accessible and helpful.” Earlier this month, the decentralized finance project Drift was hit by a hack that drained nearly $300 million in digital assets from the protocol in what industry observers speculated appeared to be a social-engineering-driven attack. Kraken is “actively working with federal law enforcement across multiple jurisdictions to pursue all individuals involved and bring them to justice,” Percoco said in the X post . The extortion comes at a time when the crypto market...
LAGUNA HILLS, Calif., April 13, 2026 (GLOBE NEWSWIRE) -- Elite Express Holding Inc. (“ETS” or the “Company”) (Nasdaq CM: ETS), a California-based provider of last-mile delivery services, today reported results for the quarter ended February 28, 2026.
LAGUNA HILLS, Calif., April 13, 2026 (GLOBE NEWSWIRE) -- Elite Express Holding Inc. (“ETS” or the “Company”) (Nasdaq CM: ETS), a California-based provider of last-mile delivery services, today reported results for the quarter ended February 28, 2026.
TebNad Chevron ( CVX ) and Shell ( SHEL ) are expected to sign agreements that would significantly increase U.S. production of Venezuelan heavy crude and natural gas , Reuters reported Monday. Chevron ( CVX ) is planning to sign an agreement that would return an offshore gas field to Venezuela and increase its operations in the country’s main oil region, while Shell ( SHEL ) is expected to sign an...
TebNad Chevron ( CVX ) and Shell ( SHEL ) are expected to sign agreements that would significantly increase U.S. production of Venezuelan heavy crude and natural gas , Reuters reported Monday. Chevron ( CVX ) is planning to sign an agreement that would return an offshore gas field to Venezuela and increase its operations in the country’s main oil region, while Shell ( SHEL ) is expected to sign an agreement to take control of the Loran gas field for operations, according to the report . The U.S. company reportedly has been in talks to relinquish Loran, where it had confirmed more than 7 Tcf of reserves years ago but did not develop; it is now focused on expanding Petropiar, its main oil project in Venezuela, into the neighboring Ayacucho 8 area in the Orinoco Belt. The agreements would be among the first big expansion deals since the U.S. captured Venezuela's President Maduro and the approval of a sweeping reform of the country's main oil law meant to encourage foreign investment. The specific terms of the deal are not yet known, although they are expected to be signed in the presence of acting Venezuelan President Rodriguez. More on Chevron and Shell Chevron: Growth Drivers Are In Sync With Valuation And Technicals Chevron: Prolonged Iran War A Catalyst Shell: The Company Should Be A Buy, But Near-Term Risks Warrant Patience
In trading on Monday, shares of Virtus Equity & Convertible Income Fundha (Symbol: NIE) crossed above their 200 day moving average of $24.85, changing hands as high as $24.94 per share. Virtus Equity & Convertible Income Fundha shares are currently trading up about 1.1%
In trading on Monday, shares of Virtus Equity & Convertible Income Fundha (Symbol: NIE) crossed above their 200 day moving average of $24.85, changing hands as high as $24.94 per share. Virtus Equity & Convertible Income Fundha shares are currently trading up about 1.1%
In trading on Monday, shares of Contango Silver & Gold Inc (Symbol: CTGO) crossed above their 200 day moving average of $23.79, changing hands as high as $24.14 per share. Contango Silver & Gold Inc shares are currently trading up about 3.3% on the day. The chart below
In trading on Monday, shares of Contango Silver & Gold Inc (Symbol: CTGO) crossed above their 200 day moving average of $23.79, changing hands as high as $24.14 per share. Contango Silver & Gold Inc shares are currently trading up about 3.3% on the day. The chart below
At Holdings Channel, we have reviewed the latest batch of the 61 most recent 13F filings for the 03/31/2026 reporting period, and noticed that Meta Platforms Inc (Symbol: META) was held by 43 of these funds. When hedge fund managers appear to be thinking alike, we find it is a g
At Holdings Channel, we have reviewed the latest batch of the 61 most recent 13F filings for the 03/31/2026 reporting period, and noticed that Meta Platforms Inc (Symbol: META) was held by 43 of these funds. When hedge fund managers appear to be thinking alike, we find it is a g
Many investing professionals probably expected the S&P 500 would fall on Monday. Instead, the index rose by a full percentage point, finishing at its highest level in almost six weeks.
Many investing professionals probably expected the S&P 500 would fall on Monday. Instead, the index rose by a full percentage point, finishing at its highest level in almost six weeks.
Goldman Sachs Group Inc.’s surprise drop in bond- and rates-trading revenue cast a shadow over another record quarter from the bank’s equities team, prompting Chief Executive Officer David Solomon to point the finger at analysts for setting the bar so high. Bloomberg's Todd Gillespie. (Source: Bloomberg)
Goldman Sachs Group Inc.’s surprise drop in bond- and rates-trading revenue cast a shadow over another record quarter from the bank’s equities team, prompting Chief Executive Officer David Solomon to point the finger at analysts for setting the bar so high. Bloomberg's Todd Gillespie. (Source: Bloomberg)