Andresr | E+ | Getty Images For a growing share of new-car buyers with a vehicle to trade in, an unwelcome part of their old loan follows them in their new purchase: negative equity. An estimated 30.5% of car buyers with a trade-in owe more than the car is worth, according to J.D. Power's automotive forecast for March. It's also known as being underwater on your loan or upside down. The share of u...
Andresr | E+ | Getty Images For a growing share of new-car buyers with a vehicle to trade in, an unwelcome part of their old loan follows them in their new purchase: negative equity. An estimated 30.5% of car buyers with a trade-in owe more than the car is worth, according to J.D. Power's automotive forecast for March. It's also known as being underwater on your loan or upside down. The share of underwater buyers is up 4.2 percentage points from a year ago and has been growing since 2022. However, it's not as high as it was before the pandemic: In 2019, the annual share of trade-ins with negative equity for new-car purchases was 33.6%, according to J.D. Power data. "The recent trend has been toward mean reversion," said Tyson Jominy, a senior vice president for J.D. Power. Read more CNBC personal finance coverage 31.5% of car buyers underwater on trade-ins; analyst says amount owed 'troubling' Why your tax refund may look different this year, and what's actually driving it Expecting to fight about money with your partner? You might be wrong: study Belle Burden's 'Strangers' highlights key financial red flags for women Average IRS tax refund is up 10.9%, latest filing data shows 1.4 million filers face tax refund delays amid IRS paper check phaseout Family caregivers now provide $1 trillion worth of care annually, AARP finds Higher gas prices from Iran war could offset Trump's bigger tax refunds Single women see homeownership as 'a wealth-building tool,' economist says Amid March Madness, NY Fed highlights sports betting toll on credit health Social Security benefits can top $100,000 a year for some couples Iran war may further 'chill' an already frozen job market, economist says More than 7 million student loan borrowers are in a defunct payment plan Lawmakers warn of price gouging amid Iran war — experts point to supply shocks CNBC's Financial Advisor 100: Best financial advisors, top firms ranked The average amount owed on these underwater trade-ins reached $7,214...
Famed aviator Amelia Earhart mysteriously disappeared in 1937 during an attempt to become the first female pilot to circumnavigate the globe. Speculative theories abound about what really happened to Earhart, but while tantalizing hints of her fate have popped up from time to time over the last 90 years, none have proved conclusive. The people behind those theories, and the extraordinary woman who...
Famed aviator Amelia Earhart mysteriously disappeared in 1937 during an attempt to become the first female pilot to circumnavigate the globe. Speculative theories abound about what really happened to Earhart, but while tantalizing hints of her fate have popped up from time to time over the last 90 years, none have proved conclusive. The people behind those theories, and the extraordinary woman who still inspires them, are the focus of an eminently readable new book, Lost: Amelia Earhart's Three Mysterious Deaths and One Extraordinary Life , by Rachel Hartigan. A former editor of The Washington Post's Book World, Hartigan worked for National Geographic magazine for 12 years, covering such diverse topics as the genetics of persimmon trees and the history of women's suffrage. So why a book about Amelia Earhart? Hartigan acknowledged that she asked that question herself "in the darkest moments of writing." After all, there are countless biographies for readers of all ages, as well as books touting various theories about Earhart's disappearance, not to mention occasional news coverage about the latest attempts to locate Earhart's plane or her remains. (Just last fall, we reported on Laurie Gwen Shapiro's The Aviator and the Showman , a biography exploring Earhart's unconventional marriage to George Putnam, a flamboyant publisher with a flair for marketing.) "I just didn't feel there was a book that tied everything together," Hartigan told Ars. "You get these news stories of people saying they know where Amelia Earhart is, but you don't have any context beyond the immediate story, all the things that make it a full picture." Read full article Comments
Hong Kong University (HKU) will begin a roadshow this week to gauge investor interest in a landmark bond programme that could raise up to HK$3 billion (US$385 million) to fund its planned expansion in the Northern Metropolis, according to people familiar with the matter. Scores of banks, insurance and pension companies and fund managers were invited to attend roadshows arranged by bankers includin...
Hong Kong University (HKU) will begin a roadshow this week to gauge investor interest in a landmark bond programme that could raise up to HK$3 billion (US$385 million) to fund its planned expansion in the Northern Metropolis, according to people familiar with the matter. Scores of banks, insurance and pension companies and fund managers were invited to attend roadshows arranged by bankers including HSBC Holdings over the coming days, one source told the South China Morning Post on Monday. The...
Oil prices have surged amid the US-Israel conflict with Iran, with attacks having disrupted shipping through the Strait of Hormuz – a critical chokepoint that roughly one-fifth of the world’s daily oil consumption moves through. With memories of 1970s stagflation still lingering, many are asking whether this is the start of another major oil crisis. Below is a concise look at prior shocks and what...
Oil prices have surged amid the US-Israel conflict with Iran, with attacks having disrupted shipping through the Strait of Hormuz – a critical chokepoint that roughly one-fifth of the world’s daily oil consumption moves through. With memories of 1970s stagflation still lingering, many are asking whether this is the start of another major oil crisis. Below is a concise look at prior shocks and what history suggests today. What happened during the 1970s oil shocks The first oil crisis in 1973-74...
Getty Images Building an income stream from durable assets matter now more than ever. This comes as uncertainty grips the market, with AI disruption being one of the driving forces in pressuring the market. That's why I much rather own growth and value stocks that pay you for the journey of ownership. This brings me to National Health Investors ( NHI ), which I last covered in the following piece ...
Getty Images Building an income stream from durable assets matter now more than ever. This comes as uncertainty grips the market, with AI disruption being one of the driving forces in pressuring the market. That's why I much rather own growth and value stocks that pay you for the journey of ownership. This brings me to National Health Investors ( NHI ), which I last covered in the following piece in August 2025: National Health Investors: 5% Yield And Robust Growth In Plain Sight . That article appears to have been aptly framed, as NHI delivered a 12% total return since my last piece, far outperforming the flat performance of the S&P 500 ( SPY ) over the same timeframe, as shown below. Seeking Alpha In this article, I revisit NHI including recent business results , and discuss why it's currently a 'Buy' after a pullback from its recent highs, as shown below, so let's get started! NHI Stock 1-Yr Trend (Seeking Alpha) Why NHI? National Health Investors is a healthcare REIT focused on senior housing and skilled nursing facilities across the U.S. NHI invests through triple-net leases, where operators bear property-level expenses, and its growing SHOP (Senior Housing Operating Portfolio) segment, where it participates directly in operational upside. In recent years, NHI has been repositioning its portfolio toward private-pay senior housing, where it sees stronger risk-adjusted returns. This strategic shift reflects an inflection point for the broader industry. New supply remains historically constrained while demand accelerates with the aging baby boomer population. NHI is demonstrating strong performance, with FFO per share rising by 8.9% YoY for Q4 2025 and by 10.6% for the full year 2025, exceeding initial guidance by a meaningful margin. Growth was driven in large part by NHI's rapid expansion of the SHOP platform, where NOI rose by 125% and 57% for Q4 and the full year, respectively. On an apples-to-apples basis, NHI has made significant progress on its SHOP NOI mar...
(RTTNews) - Agnico Eagle Mines (AEM, AEM.TO) has agreed to purchase 19,315,300 units of Cascadia Minerals at a price of C$0.26 per unit for total consideration of C$5.0 million, under a non-brokered private placement. Each unit is comprised of one common share of Cascadia and one
(RTTNews) - Agnico Eagle Mines (AEM, AEM.TO) has agreed to purchase 19,315,300 units of Cascadia Minerals at a price of C$0.26 per unit for total consideration of C$5.0 million, under a non-brokered private placement. Each unit is comprised of one common share of Cascadia and one
On March 23, Hong Kong’s government brought into force amended implementation rules for Article 43 of the national security law. This is not a new power grab or an expansion of authority. It is a technical, evidence-based refinement of the 2020 implementation rules that have governed national security enforcement since the law took effect. Rooted in common law principle and aligned with global leg...
On March 23, Hong Kong’s government brought into force amended implementation rules for Article 43 of the national security law. This is not a new power grab or an expansion of authority. It is a technical, evidence-based refinement of the 2020 implementation rules that have governed national security enforcement since the law took effect. Rooted in common law principle and aligned with global legislative practice, the amendments clarify operational gaps, strengthen procedural certainty and...
The camera module on the Vivo X300 Ultra (pictured) is certainly eye-catching. | Image: Vivo Vivo has launched the X300 Ultra in China today, the company's latest flagship that really puts the "camera" in cameraphone. The device is "designed for professional photography," according to Vivo's press release, and features a set of Zeiss camera lenses that are optimized for specific shooting styles, i...
The camera module on the Vivo X300 Ultra (pictured) is certainly eye-catching. | Image: Vivo Vivo has launched the X300 Ultra in China today, the company's latest flagship that really puts the "camera" in cameraphone. The device is "designed for professional photography," according to Vivo's press release, and features a set of Zeiss camera lenses that are optimized for specific shooting styles, including telephoto close-ups, wide-angle, and videography. My colleague Dom got an early look at the X300 Ultra's upgraded telephoto extender lens and professional camera cage at MWC this year, but now we have more specifications for the phone itself. The big story here is the camera array. The X300 Ultra features a "3+2 ZEISS Master Lense … Read the full story at The Verge.
You want to retire comfortably, and you do your best to save regularly. But it feels a little like you're flying blind. You're not sure how much you need, so you're never sure if you're doing enough. This is an unfortunate, but natural part of preparing for a future full of unplanned expenses. Luckily, there is a way to get a rough idea of how much you should aim to save. Let's look at the example...
You want to retire comfortably, and you do your best to save regularly. But it feels a little like you're flying blind. You're not sure how much you need, so you're never sure if you're doing enough. This is an unfortunate, but natural part of preparing for a future full of unplanned expenses. Luckily, there is a way to get a rough idea of how much you should aim to save. Let's look at the example of someone who wants $7,500 per month in retirement income. Image source: Getty Images. Continue reading
Tesla stock rose early Monday after failing to end its weekly losing streak on Friday. Tesla stock dropped 2.8% on Friday, falling with most stocks, which left it down 1.7% for the week, the sixth consecutive weekly drop. The week of Tesla’s better-than-expected fourth-quarter earnings report was the start of the downward streak.
Tesla stock rose early Monday after failing to end its weekly losing streak on Friday. Tesla stock dropped 2.8% on Friday, falling with most stocks, which left it down 1.7% for the week, the sixth consecutive weekly drop. The week of Tesla’s better-than-expected fourth-quarter earnings report was the start of the downward streak.
Camtek ( CAMT ) announced on Monday that it has received a multi-system order totaling $31 million from a leading OSAT mainly for CoWoS-like packaging supporting AI applications. Including this order, total orders received from leading OSATs during the first quarter of 2026 have already exceeded $90 million, the company said. It added that the systems are expected to be delivered within this year....
Camtek ( CAMT ) announced on Monday that it has received a multi-system order totaling $31 million from a leading OSAT mainly for CoWoS-like packaging supporting AI applications. Including this order, total orders received from leading OSATs during the first quarter of 2026 have already exceeded $90 million, the company said. It added that the systems are expected to be delivered within this year. Rafi Amit , Camtek's ( CAMT ) CEO, commented, "We are very encouraged by the exceptional volume of orders from leading OSATs in the first quarter of 2026, which underscores our observation that OSATs are playing an increasingly central role in the advanced packaging market for the AI applications industry. Camtek is uniquely positioned to support this growing demand with our advanced inspection and metrology capabilities. This order flow strengthens our confidence in our continued business momentum and a strong second half of 2026." CAMT +2.39% premarket to $157. Source: Press Release More on Camtek Camtek: Fundamentals Are Solid With Exposure To AI Investment Supercycle Camtek receives $25 million Hawk systems order for AI applications Seeking Alpha’s Quant Rating on Camtek Historical earnings data for Camtek
Robert Way/iStock Editorial via Getty Images Update Tencent Music Entertainment ( TME ) had released its earnings for 4Q25 on 17th March. The stock had dropped by ~25% on the same day while sales reached CNY8.6 billion, up 15% YoY. 2025 had witnessed a U-turn for the stock amid broader selling pressure for HK equities while faced with its own challenges (i.e., capped growth for premium subscribers...
Robert Way/iStock Editorial via Getty Images Update Tencent Music Entertainment ( TME ) had released its earnings for 4Q25 on 17th March. The stock had dropped by ~25% on the same day while sales reached CNY8.6 billion, up 15% YoY. 2025 had witnessed a U-turn for the stock amid broader selling pressure for HK equities while faced with its own challenges (i.e., capped growth for premium subscribers and persistent loss of non-paying users to alternative platforms). A key catalyst for such a drastic and persistent decline after Q3 earnings is the increased visibility of ByteDance's music app (Soda), where usage cost and AI features make it a much more attractive app for non-paying users. Meanwhile, we are seeing for two consecutive quarters (Q3 and Q4) that its "ultra" premium SVIP subscription has been failing to gain significant traction. Paying users increased from 125.7 to 127.4 million, while average monthly revenue from paying users (AMRPPU or ARRPU) remained sticky at CNY11.9 Sell-offs in Q3 and Q4 2025 Seeking Alpha Outlook: Moat invalidation? The long thesis for TME has always been about its moat living under the user ecosystem of Tencent ( TCEHY ), with unmatched barriers through its comprehensive ownership/partnership with music royalty supplies ( see 20F item 7 ). Its depth and sound quality would likely attract a sticky group of users that chooses it over alternatives like NetEase ( NTES ), which is also faced with the broader pressure. Management has been prizing this competitive advantage and has been looking to increase the ratio of paying users, which at the moment only represents 1/4 of MAUs. With little luck, the sticky growth has been well acknowledged. Against this backdrop, the strategy has been to increase ARPPU via "premiumization" (e.g., SVIP), which has also proven to be quite challenging. As a result of this disappointment, the market since Q3 has been aggressively repricing this risk (maybe too aggressively). The more "ugly" figures are less...
PM Images/DigitalVision via Getty Images Key takeaways 1 MLPs total return outperformed the broader equity market For the quarter, master limited partnerships (MLPs), as measured by the Alerion MLP Index (AMZ), rose 1.81% on a price basis and returned 3.79% when including distributions. The S&P 500 Index rose 2.35% on a price basis and had a total return of 2.66%. 2 Better-than-expected operating ...
PM Images/DigitalVision via Getty Images Key takeaways 1 MLPs total return outperformed the broader equity market For the quarter, master limited partnerships (MLPs), as measured by the Alerion MLP Index (AMZ), rose 1.81% on a price basis and returned 3.79% when including distributions. The S&P 500 Index rose 2.35% on a price basis and had a total return of 2.66%. 2 Better-than-expected operating results During the quarter, 62% of midstream sector participants reported third quarter results in line with or better than consensus. Earnings before interest, taxes, depreciation & amortization (EBITDA) were about 5% higher than the second quarter and about 7% above the third quarter of 2024. 3 We remain focused on the long-term investment horizon We believe valuations remain attractive and fundamentals support expectations for cash flow growth. Further, the rise of artificial intelligence (AI) models has been increasing power demand from data centers, which may meaningfully increase demand for natural gas. Investment objective The fund seeks total return. Fund facts Fund AUM ($M) 3,868.65 Click to enlarge Portfolio managers Brian Watson, Stuart Cartner Manager perspective and outlook West Texas Intermediate (WTI) crude oil priced at the Cushing hub ended the quarter at $57.42 per barrel, down 8% from the end of the third quarter and 20% lower than one year ago. The price spread between Brent crude, a proxy for international crude prices, and WTI ended at $3.43 per barrel, narrowing during the quarter. Crude oil priced in Midland, Texas maintained a premium relative to WTI as crude pipeline capacity out of the Permian basin remained sufficient and there appeared to be an incentive for incremental volumes to move toward the Gulf Coast and export markets. Henry Hub natural gas prices ended the quarter at $3.69 per million British thermal units (MMBtu), up 12% from the end of the third quarter and 1% higher than one year ago. Gas pricing in the Permian Basin ended the quarte...
Spain’s defence minister confirms move and describes US-Israel war on Iran as ‘profoundly illegal and unjust’ US-Israel war on Iran – live updates Spain has ramped up its opposition to the US-Israel war on Iran by closing its airspace to US aircraft involved in attacks, underlining its position as Europe’s leading critic of the conflict. The move, first reported by El País newspaper and confirmed ...
Spain’s defence minister confirms move and describes US-Israel war on Iran as ‘profoundly illegal and unjust’ US-Israel war on Iran – live updates Spain has ramped up its opposition to the US-Israel war on Iran by closing its airspace to US aircraft involved in attacks, underlining its position as Europe’s leading critic of the conflict. The move, first reported by El País newspaper and confirmed by the defence minister on Monday, comes after Madrid said the US could not use jointly operated military bases in the southern European country for operations related to the war. Continue reading...