North Sea Oil Fight Escalates As Starmer Cites Legal Limits Authored by Mauricio Alencar via City A.M., Sir Keir Starmer has said he doesn’t hold legal powers to approve fresh exploration of North Sea oil and gas fields, with the decision falling in the hands of net zero secretary Ed Miliband. Starmer said current legislation determined that a quasi-judicial decision relating to cases for more gas...
North Sea Oil Fight Escalates As Starmer Cites Legal Limits Authored by Mauricio Alencar via City A.M., Sir Keir Starmer has said he doesn’t hold legal powers to approve fresh exploration of North Sea oil and gas fields, with the decision falling in the hands of net zero secretary Ed Miliband. Starmer said current legislation determined that a quasi-judicial decision relating to cases for more gas extraction at Shell’s Jackdaw site and Equinor’s Rosebank oil field was left to Miliband . The Prime Minister reiterated the government’s commitment to expanding renewable energy. He said the introduction of fresh legislation would “slow the process down” and accused the leader of the opposition, Kemi Badenoch, of failing to know about the law before raising questions in Parliament. “Its absolutely clear that the quasi judicial [process] lies with secretary of state,” Starmer said. “In the last four weeks, because we are on a fossil fuel rollercoaster , everyone is being held to ransom." He added: “The most important thing to get energy security is to make sure we de-escalate the war.” Starmer backed by Davey Scottish courts ruled government approvals for more extraction at each field as unlawful on environmental grounds. The power now falls on the energy secretary to make a decision while considering economic and environmental reasons for projects. Badenoch accused Starmer of “hiding behind legal process every time” though Liberal Democrat leader Ed Davey, who served as the energy secretary in the coalition government, said he agreed with the Prime Minister. The Tory leader heckled Davey to “stop sucking up”. She also shouted out “you can change the law” and repeated the word “weak” several times. Starmer is facing growing pressure to remove restrictions on North Sea oil and gas projects from officials working across clean energy. Jurgen Maier, who oversees Great British Energy, the publicly owned investment company, said in a post on LinkedIn that more drilling in the re...
Deutsche Bank believes AtaiBeckley is well-positioned to be a winner in the "Psychedelic Renaissance." The bank initiated coverage on the drug developer with a buy rating and a $12 price target, which indicates a more than 250% gain from Friday's close. Psychedelic therapies have grown in popularity in recent years, particularly as a mental health treatment. Drugs like MDMA , ketamine and psilocyb...
Deutsche Bank believes AtaiBeckley is well-positioned to be a winner in the "Psychedelic Renaissance." The bank initiated coverage on the drug developer with a buy rating and a $12 price target, which indicates a more than 250% gain from Friday's close. Psychedelic therapies have grown in popularity in recent years, particularly as a mental health treatment. Drugs like MDMA , ketamine and psilocybin have been in clinical trials to see if they can be used to address mental health conditions that are resistant to other treatments. "Several psychedelic companies have emerged as bona fide drug developers, attracting attention from healthcare/biotech investors who usually invest in conventional therapeutics," wrote Deutsche Bank analyst David Hoang in a Thursday note. "We count ATAI among these trailblazers, and believe it will become a leader in the nascent field of psychedelic medicine for mental health conditions." ATAI YTD mountain ATAI year-to-date chart. AtaiBeckley has two key drugs it's developing for treatment-resistant depression: BPL-003, an intranasal tryptamine derivative, and VLS-01, a buccal tryptamine derivative. Hoang models the potential sales of these drugs by using Johnson & Johnson's Spravato, an intranasal ketamine derivative first approved to address treatment-resistant depression in 2019 , as a case study. The drug is now bringing in around $2 billion in annualized sales, and Hoang noted that consensus estimates suggest peak sales will be around $4 billion. Using that example, Hoang thinks BLP-003 U.S. sales could peak at $4 billion and VLS-01 at $2 billion. He added another drug by the company — EMP-01, an oral MDMA derivative used to treat seasonal affective disorder — could have peak sales of $1 billion. While the U.S. Food and Drug Administration may have been skeptical of psychedelic therapies in the past, Hoang said that friction has eased. "Upon FDA approval, a psychedelic drug is expected to undergo [Drug Enforcement Administration] (feder...
Olivier Le Moal/iStock via Getty Images Introduction: Since Nov. 2025, the market has been mostly trading in a tight range between S&P 500 ( SPX ) levels 6600 and 6950. However, everything changed recently with the start of the full-blown Iran war. This has moved the market closer to SPX6500 rather than 7000. The prices of oil and gas have shot up and have been very volatile. Needless to say, ther...
Olivier Le Moal/iStock via Getty Images Introduction: Since Nov. 2025, the market has been mostly trading in a tight range between S&P 500 ( SPX ) levels 6600 and 6950. However, everything changed recently with the start of the full-blown Iran war. This has moved the market closer to SPX6500 rather than 7000. The prices of oil and gas have shot up and have been very volatile. Needless to say, there is a lot of uncertainty in the market, despite some indications of negotiations between the U.S. and Iran. It is too early to say how long the hostilities will last. The longer it drags, the more pain is expected for the energy prices, inflation, and the world economy. So, right now, nothing else seems to matter to the stock market. Higher energy prices will also likely tie the hands of the Fed, and any further interest-rate cuts may be off the table for now. All other worries of the market have been put on the back burner for now, but surely they will come back as soon as the dust from the war settles. You can see the current odds of the Fed's next rate cut here on the CME FedWatchTool website. All that being said, it is always hard to find anything that has both the quality and the low valuation, so buying the best of the income investments regularly in small quantities is the key. As always, investors have to tread carefully amid all the uncertainties. Why CEFs? The broader market, as represented by the S&P500, provides a dismal level of yield of less than 1.10%. Income investors and retirees can't survive on that level of income unless they have a very large pool of capital. Also, the method of raising income by selling shares is generally very stressful and full of pitfalls, and that's why it is not recommended. Alternatively, one can find solid blue-chip individual dividend stocks that pay much higher dividends than the S&P 500. They can also provide market-matching growth on a longer-term basis. To identify such stocks, we also publish a monthly article on the '5 B...
JHVEPhoto/iStock Editorial via Getty Images Shares of Entergy ( ETR ) have been an excellent performer over the past year, gaining over 30%. The market environment has been generally favorable for utilities as investors have grown excited about potential demand from data centers, leading to a meaningful cap-ex cycle. Entergy is a clear beneficiary of this, given construction plans in its territory...
JHVEPhoto/iStock Editorial via Getty Images Shares of Entergy ( ETR ) have been an excellent performer over the past year, gaining over 30%. The market environment has been generally favorable for utilities as investors have grown excited about potential demand from data centers, leading to a meaningful cap-ex cycle. Entergy is a clear beneficiary of this, given construction plans in its territory, as well as benefiting from demand associated with US energy exports. These factors led to my upgrading of shares to a “buy” in December . This call has played out well, with the stock up 19% since then. With updated financials and a new data center announcement, now is a good time to revisit shares to see if investors should take profits or continue to buy here. Seeking Alpha Meta Deal Reduces Risk Associated With Growth Plans Entergy shares soared 7% on Friday to reach $110 after Meta ( META ) announced a deal to pay for seven new natural gas plants to provide 5.2 gigawatts (“GW”) to provide power to its massive data center in Louisiana. With this rally, shares are ~$110; when I upgraded them to a buy, I was targeting $112 by 2028, so this news has pulled forward much of the upside I was anticipating. When I last covered Entergy, I highlighted the Meta data center as one of the key growth drivers for the company. Under the terms of this deal, Meta is underwriting the costs to provide power to its facility. Beyond this, Meta is making $260 million of contributions to other Entergy programs that aim to provide power and improve efficiency for its most vulnerable customers. It is also providing support for incremental solar capacity as well as agreeing to consider potential development of nuclear power. This framework was enabled by the state’s updated regulatory framework, which aims to support large-scale projects. This provides several key positives for Entergy. First, one risk of building out infrastructure for anticipated demand is that the demand may not materialize. ...
The average one-year price target for SeAH Besteel Holdings (KOSE:001430) has been revised to ₩64,323.75 / share. This is an increase of 10.03% from the prior estimate of ₩58,458.75 dated February 21, 2026. The price target is an average of many targets provid
The average one-year price target for SeAH Besteel Holdings (KOSE:001430) has been revised to ₩64,323.75 / share. This is an increase of 10.03% from the prior estimate of ₩58,458.75 dated February 21, 2026. The price target is an average of many targets provid
Hong Kong authorities have warned former residents of fire-ravaged Wang Fuk Court to brace themselves for the conditions in their home when they return next month to collect belongings, while saying that those with health issues, among others, should not enter the buildings. The government also provided residents with psychological assessment questionnaires to help them decide whether to return ho...
Hong Kong authorities have warned former residents of fire-ravaged Wang Fuk Court to brace themselves for the conditions in their home when they return next month to collect belongings, while saying that those with health issues, among others, should not enter the buildings. The government also provided residents with psychological assessment questionnaires to help them decide whether to return home as part of an operation starting on April 20, according to notices seen by the South China...
It's fun to play what-if games with stocks -- unless doing so makes you cry. And this one might: What if you'd invested $1,000 in shares of Netflix (NASDAQ: NFLX) 20 years ago? Here's a look at the answer. Image source: Getty Images. Continue reading
It's fun to play what-if games with stocks -- unless doing so makes you cry. And this one might: What if you'd invested $1,000 in shares of Netflix (NASDAQ: NFLX) 20 years ago? Here's a look at the answer. Image source: Getty Images. Continue reading
Haas driver lucky to escape 190mph crash with bruising Leading Formula One figures request a safety review Drivers and leading figures within Formula One have called for urgent action given their serious concern over the potential dangers now inherent in the sport after Britain’s Oliver Bearman suffered a huge accident at the Japanese Grand Prix. The crash, caused by cars coming at one another at ...
Haas driver lucky to escape 190mph crash with bruising Leading Formula One figures request a safety review Drivers and leading figures within Formula One have called for urgent action given their serious concern over the potential dangers now inherent in the sport after Britain’s Oliver Bearman suffered a huge accident at the Japanese Grand Prix. The crash, caused by cars coming at one another at enormously different speeds, was described by Bearman as “scary” and by his team principal as a “lucky escape”. The race was ultimately by Mercedes’ Kimi Antonelli, the 19-year-old in the process becoming the youngest driver to lead the world championship. Continue reading...
LindaJoHeilman As the calendar turns from March to April, a holiday-shortened week still delivers a diverse set of earnings with the potential to offer fresh directional cues. Consumer and brand momentum will be in focus with NIKE, Inc. ( NKE ), while food and staples names like Conagra Brands ( CAG ) and McCormick & Company ( MKC ) may shed light on pricing power and demand resilience. In the hig...
LindaJoHeilman As the calendar turns from March to April, a holiday-shortened week still delivers a diverse set of earnings with the potential to offer fresh directional cues. Consumer and brand momentum will be in focus with NIKE, Inc. ( NKE ), while food and staples names like Conagra Brands ( CAG ) and McCormick & Company ( MKC ) may shed light on pricing power and demand resilience. In the high-growth and speculative space, updates from Virgin Galactic Holdings, Inc. ( SPCE ), Beyond Meat ( BYND ), and Tilray Brands ( TLRY ) will be closely watched for signs of recovery and capital discipline. Energy and industrial signals will come from Constellation Energy Corporation ( CEG ), while tech and digital manufacturing names like Nano Dimension ( NNDM ). Crypto-linked plays, including Bitfarms ( BITF ) and Bit Digital ( BTBT ), could reflect sentiment shifts in digital assets. Below is a rundown of major quarterly updates anticipated in the week of March 30 to April 3: Monday, March 30 Virgin Galactic Holdings ( SPCE ) Virgin Galactic Holdings ( SPCE ) is set to report FQ4 results after Monday’s close, with sentiment remaining cautious. The stock has shown weakening momentum and profitability relative to industrial peers, earning a Sell rating from Seeking Alpha’s Quant system, while Wall Street analysts maintain a Hold. A 3-month decline of ~28% sharply underperforms the sector median gain of ~17%, highlighting elevated downside risk. On the capital structure front, the company in December agreed to repurchase and retire about $355M of its 2027 convertible notes, reducing total debt by roughly $152M and extending most remaining maturities to 2028, better aligning with its commercial spaceline plans. At the same time, SPCE is raising additional capital through a ~$46M equity offering and a $203M private placement of 9.80% first-lien notes due 2028, along with warrants. Consensus EPS Estimates: -$1.07 Consensus Revenue Estimates: $412.50K Earnings Insight: The compan...
Scotland continue their World Cup preparations with a friendly against Ivory Coast on Tuesday, but why is this away game being played at Everton's new stadium in Liverpool?
Scotland continue their World Cup preparations with a friendly against Ivory Coast on Tuesday, but why is this away game being played at Everton's new stadium in Liverpool?
As homeownership drifts further out of reach, governments are looking for new ways to help first-time buyers come up with the money. In Australia, economist Saul Eslake argues that letting buyers tap retirement savings or reduce down payments only puts more upward pressure on prices. In Singapore, economist Sumit Agarwal points to a very different system: mandatory savings there can be used for ho...
As homeownership drifts further out of reach, governments are looking for new ways to help first-time buyers come up with the money. In Australia, economist Saul Eslake argues that letting buyers tap retirement savings or reduce down payments only puts more upward pressure on prices. In Singapore, economist Sumit Agarwal points to a very different system: mandatory savings there can be used for housing, but steep taxes discourage buying second and third homes. Through the experiences of first-time buyers Jordan Davies in Melbourne and Jeff Chie in Singapore, the story explores whether easier access to capital really helps people buy homes or simply makes housing even more expensive. (Source: Bloomberg)
There's a strong argument to be made that Blue Owl’s 65% drop has been completely overcooked, and analysts are calling for as much as 150% upside from here.
There's a strong argument to be made that Blue Owl’s 65% drop has been completely overcooked, and analysts are calling for as much as 150% upside from here.
BYD recently reported a 185% year-over-year sales increase for the European market for the month of February. The company isn't ready to slow down with its push in Europe and its bringing along a well-known actor to help boost its effort. BYD Turns to James Bond For New Vehicle Launch With a goal of expanding its sales outside of its home base of China, Europe has become a major focus for BYD. The...
BYD recently reported a 185% year-over-year sales increase for the European market for the month of February. The company isn't ready to slow down with its push in Europe and its bringing along a well-known actor to help boost its effort. BYD Turns to James Bond For New Vehicle Launch With a goal of expanding its sales outside of its home base of China, Europe has become a major focus for BYD. The company announced Thursday that it is launching a new advertising campaign for its DENZA technology
Japan has upgraded a naval vessel with capabilities to fire long-range Tomahawk missiles, with the first firing test expected this summer – a move experts said would pose a security threat to China. The Aegis destroyer Chokai “completed modifications and crew training” in the US that started in October, “confirming its acquisition of Tomahawk missile launch capabilities”, Japanese Defence Minister...
Japan has upgraded a naval vessel with capabilities to fire long-range Tomahawk missiles, with the first firing test expected this summer – a move experts said would pose a security threat to China. The Aegis destroyer Chokai “completed modifications and crew training” in the US that started in October, “confirming its acquisition of Tomahawk missile launch capabilities”, Japanese Defence Minister Shinjiro Koizumi said on Friday. He said a ceremony marking the acquisition of these capabilities...
These fun, charming little treats are easy and quick to put together – and make for a great Easter activity with kids Much as I love Easter eggs – and I really do, despite being that irritating person still nibbling away at them at Christmas time – these charming, crunchy little nests full of colourful treasure are up there with hot cross buns as my favourite seasonal produce. Top tip: they’re eve...
These fun, charming little treats are easy and quick to put together – and make for a great Easter activity with kids Much as I love Easter eggs – and I really do, despite being that irritating person still nibbling away at them at Christmas time – these charming, crunchy little nests full of colourful treasure are up there with hot cross buns as my favourite seasonal produce. Top tip: they’re even easier to make if you enlist a small sous chef or two to help stir the pan! Prep 20 min Cook 5 min Chill 2 hr Makes About 12 Continue reading...
Peaches, strawberries and grapes were almost always found to be contaminated with ‘forever chemicals’ in the analysis Sign up for the Breaking News US email to get newsletter alerts in your inbox A first-of-its-kind analysis has identified Pfas pesticide residues on 37% of conventional California produce, with peaches, strawberries and grapes almost always found to be contaminated with the toxic “...
Peaches, strawberries and grapes were almost always found to be contaminated with ‘forever chemicals’ in the analysis Sign up for the Breaking News US email to get newsletter alerts in your inbox A first-of-its-kind analysis has identified Pfas pesticide residues on 37% of conventional California produce, with peaches, strawberries and grapes almost always found to be contaminated with the toxic “forever chemicals”. The analysis coincided with the introduction of California legislation that would by 2035 fully ban Pfas from being used as active ingredients in pesticides, and require warning labels and other restrictions in the meantime. Continue reading...