Sandisk (NASDAQ:SNDK) stock is down 8% in Thursday trading, with shares falling to around $623. Meanwhile, Micron Technology (NASDAQ:MU) stock is sliding roughly 5% to near $364, extending a brutal week for the memory sector. Both stocks have been under pressure all week. Sandisk stock has dropped 18% over the past five trading days, while ... Sandisk Falls 8%, Micron Drops 5%: Are Analysts Right ...
Sandisk (NASDAQ:SNDK) stock is down 8% in Thursday trading, with shares falling to around $623. Meanwhile, Micron Technology (NASDAQ:MU) stock is sliding roughly 5% to near $364, extending a brutal week for the memory sector. Both stocks have been under pressure all week. Sandisk stock has dropped 18% over the past five trading days, while ... Sandisk Falls 8%, Micron Drops 5%: Are Analysts Right to Stay Bullish on Memory Stocks?
FerreiraSilva/iStock Editorial via Getty Images Petrobras ( PBR ) said Thursday it has made a discovery of "high-quality" oil in pre-salt reservoirs of the Marlim Sul field in Brazil's Campos Basin. The discovery was made at exploratory well 3-BRSA-1397-RJS in water depth of 1,178 meters, encountering oil-bearing intervals confirmed through wireline logs, gas shows, and fluid sampling, the com...
FerreiraSilva/iStock Editorial via Getty Images Petrobras ( PBR ) said Thursday it has made a discovery of "high-quality" oil in pre-salt reservoirs of the Marlim Sul field in Brazil's Campos Basin. The discovery was made at exploratory well 3-BRSA-1397-RJS in water depth of 1,178 meters, encountering oil-bearing intervals confirmed through wireline logs, gas shows, and fluid sampling, the company said. Petrobras ( PBR ), which holds a 100% stake and operates the Marlim Sul field, said i nitial indications point to high-quality crude, with samples now undergoing laboratory analysis to further characterize reservoir properties and fluid composition. The company said the discovery supports its strategy of unlocking additional resources in mature offshore basins, where existing infrastructure and geological knowledge can accelerate development timelines and improve project economics. More on Petrobras Petrobras: Compelling Valuation At Current Price Level Hard Assets Weekly: The Signal That Precedes Falls In Hard Assets Appeared In Oil Petrobras: Direct Proxy To Brent, But With Additional Variables (Rating Upgrade)
Recent repairs to a centuries-old tile floor at a church in the Netherlands may have revealed the skeleton of the French Musketeer d’Artagnan. Today, Charles de Batz de Castlemore, Count d'Artagnan, is best known as a character in The Three Musketeers , written by Alexandre Dumas and eventually played by both Gene Kelly and future Ukrainian President Volodymyr Zelenskyy —but he was a real French m...
Recent repairs to a centuries-old tile floor at a church in the Netherlands may have revealed the skeleton of the French Musketeer d’Artagnan. Today, Charles de Batz de Castlemore, Count d'Artagnan, is best known as a character in The Three Musketeers , written by Alexandre Dumas and eventually played by both Gene Kelly and future Ukrainian President Volodymyr Zelenskyy —but he was a real French military officer and spy. D’Artagnan died during a siege, and the whereabouts of his body have remained a mystery for more than 350 years. But an archaeologist in the Netherlands recently unearthed a skeleton from the floor of a 17th-century church that could actually be d’Artagnan. “ It is only the dead who do not return” The ground beneath the centuries-old Saints Peter and Paul Church subsided earlier this year, cracking a few of the blue tiles that pave the chapel’s floor. During repairs, church staff decided to have a look beneath the floor to see if there was any truth to the rumor that d’Artagnan—famous French Musketeer and inspiration for a series of swashbuckling novels—lay buried beneath their church. It turns out that there actually was a skeleton buried under the church floor, and there’s a decent chance it’s d’Artagnan himself. Read full article Comments
CatherScarl/iStock via Getty Images Disruptions to oil and petrochemical shipments through the Strait of Hormuz amid the Iran conflict are tightening global supplies of key chemical inputs, pushing plastic prices to multi-year highs, Reuters reported Thursday. Roughly $20 billion to $25 billion worth of petrochemicals typically moves through the strait each year, meaning prolonged interruptions ar...
CatherScarl/iStock via Getty Images Disruptions to oil and petrochemical shipments through the Strait of Hormuz amid the Iran conflict are tightening global supplies of key chemical inputs, pushing plastic prices to multi-year highs, Reuters reported Thursday. Roughly $20 billion to $25 billion worth of petrochemicals typically moves through the strait each year, meaning prolonged interruptions are forcing manufacturers to source materials elsewhere at significantly higher costs. Buyers around the world are scrambling to replace lost Middle Eastern supply, driving sharp price increases for essential resins. The Middle East plays a dominant role in global plastics markets, accounting for more than 40% of polyethylene exports in 2025. As supply from the region has been constrained, prices for widely used plastics such as polyethylene and polypropylene have surged, fueled by rising crude oil and feedstock costs. Benchmarks on China’s Dalian Commodity Exchange show gains of nearly 40% since late February. The supply shock is rippling through the broader chemicals chain. Analysts warn that a sustained disruption could impact roughly 1.2 million barrels a day of naphtha flows, a critical input for plastics production. Refining margins in Asia have surged to record levels, reflecting both tighter supply and heightened geopolitical risk. Differing regional effects Asia is particularly exposed due to its reliance on imported feedstocks, with countries such as Japan, South Korea and India facing mounting cost pressures. European producers are also struggling, caught between higher input costs and limited ability to pass those increases on to customers. By contrast, North American producers are benefiting from greater access to domestic feedstocks such as natural gas. U.S. companies are seeing stronger demand and improved margins, with some reporting unusually high profitability as global prices rise. Manufacturers worldwide are beginning to pass higher costs through to custom...
Centrus Energy stands out in the uranium race with HALEU leadership, backlog strength and expansion plans, while NexGen Energy advances its massive Rook I project.
Centrus Energy stands out in the uranium race with HALEU leadership, backlog strength and expansion plans, while NexGen Energy advances its massive Rook I project.
RiverNorthPhotography Best Buy ( BBY ) rose 5.3% amid speculation that the electronics retailer may be a potential takeover target for GameStop ( GME ). GameStop ( GME ) Chairman and CEO Ryan Cohen said in late January he aims to pull off a "very, very, very big" acquisition of a larger consumer company that would be transformational for its future. It appears that GameStop ( GME ) bought a positi...
RiverNorthPhotography Best Buy ( BBY ) rose 5.3% amid speculation that the electronics retailer may be a potential takeover target for GameStop ( GME ). GameStop ( GME ) Chairman and CEO Ryan Cohen said in late January he aims to pull off a "very, very, very big" acquisition of a larger consumer company that would be transformational for its future. It appears that GameStop ( GME ) bought a position on swap and this is likely the target that Cohen is circling, Gordon Haskett's Don Bilson wrote in a note on Thursday. Bilson didn't speculate on which company GameStop may be targeting. GameStop disclosed in its latest 10-K filing that it “posted approximately $0.7 billion of cash into an account of the Company that is pledged as collateral for certain existing and potential cash or physically settled derivative transactions.” Bilson said previously he speculated that Best Buy ( BBY ) could be a target and there was some prime broker action in BBY in Q4, but that doesn't "square with" GameStop ( GME ) saying it put its money to work after the fiscal year ended. GameStop didn't immediately respond to Seeking Alpha's email request for comment. Shares of GameStop fell 2.3%. More on Best Buy, GameStop GameStop Holiday Quarter Earnings Preview Signals Muted Numbers Best Buy Co., Inc. (BBY) Presents at UBS Global Consumer and Retail Conference Transcript Best Buy For Long-Term Rising Income Stocks to watch post market: GME, AIR, VCTR GameStop discloses a cash position of $9B with the M&A wildcard in play
Chris Bucanac/iStock Editorial via Getty Images I previously covered Walt Disney Company ( DIS ) in January 2026, discussing why I had reiterated my Buy rating then, given the excellent margin of safety from the cheap valuations, the management's robust forward guidance, and the healthier balance sheet. In this article, I shall discuss why I am reiterating my Buy rating for the DIS stock, albeit a...
Chris Bucanac/iStock Editorial via Getty Images I previously covered Walt Disney Company ( DIS ) in January 2026, discussing why I had reiterated my Buy rating then, given the excellent margin of safety from the cheap valuations, the management's robust forward guidance, and the healthier balance sheet. In this article, I shall discuss why I am reiterating my Buy rating for the DIS stock, albeit after a further correction to the $90s or $86s, with the post-FQ1 2026 selloff already triggering the richer upside potential to my bull-case long-term price target of $171. My optimism is further attributed to their ability to successfully monetize their Intellectual Property [IP] franchise across the movies/streaming/theme park/cruise offerings, with the underwhelming FQ1 2026/mixed FQ2 2026 prospects well balanced by the management's reiterated FY2026/FY2027 adj. EPS growth guidance. DIS Faces Numerous Headwinds & Tailwinds DIS 1Y Stock Price (TradingView) Since my last Buy rating, DIS has lost another double digits of its value to continue trading sideways along the resistance levels of $125s and the support levels of $80s since August 2022, with it presenting its mixed investment thesis despite my prior optimism and my historical Buy ratings. 1. Bottom Line Headwinds In FQ1 2026 Part of the headwinds may be attributed to the tougher YoY comparison on DIS' FQ1 2026 performance, with the diversified media/entertainment company delivering a weaker than expected FQ1 2026 adj. EPS performance at $1.63 (-7.3% YoY) and cash provided by operations at $735M (-77% YoY). Part of the bottom line FQ1 2026 underperformance is attributed to: the higher costs related to the Avatar: Fire and Ash theatrical release in December 2025, the higher streaming licensing fees, and the lower political advertising - with it triggering the Entertainment segment's lower operating margins of 9.4% (-6.2 points YoY), and the programmatic costs related to new sports rights - with it triggering the Sport...