On March 5, 2026, GigaCloud Technology Inc. (NASDAQ:GCT) Chief Technology Officer Xin Wan sold 100,000 shares in an open-market transaction via indirect ownership, as disclosed in the SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($43.38); post-transaction value based on March 5, 2026 transaction price ($43.38). * 1-year performance is calculated using March 5th, 2026 as...
On March 5, 2026, GigaCloud Technology Inc. (NASDAQ:GCT) Chief Technology Officer Xin Wan sold 100,000 shares in an open-market transaction via indirect ownership, as disclosed in the SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($43.38); post-transaction value based on March 5, 2026 transaction price ($43.38). * 1-year performance is calculated using March 5th, 2026 as the reference date. Continue reading
Brandon Bell/Getty Images News Occidental Petroleum ( OXY ) President and CEO Vicki Hollub is preparing to retire and plans to make a formal announcement later this year, likely to be succeeded by Richard Jackson, who was elevated to COO in October, Reuters reported Thursday. A transition period is expected, which could include Hollub remaining in an advisory capacity to the new CEO, or announcin...
Brandon Bell/Getty Images News Occidental Petroleum ( OXY ) President and CEO Vicki Hollub is preparing to retire and plans to make a formal announcement later this year, likely to be succeeded by Richard Jackson, who was elevated to COO in October, Reuters reported Thursday. A transition period is expected, which could include Hollub remaining in an advisory capacity to the new CEO, or announcing she will step down at a future date, with Jackson named CEO-designate, according to the report, which also said Hollub likely would remain on the company's board. Hollub's exit would mark an end to a career at Oxy ( OXY ) that has spanned more than 40 years, including the last 10 as CEO, which made her the first woman to head a major oil company. Her tenure has been highlighted by the $55B debt-fueled 2019 acquisition of rival Anadarko Petroleum, completed in part with $10B in financing from Warren Buffett's Berkshire Hathaway; since the deal's closure in August 2019, Oxy ( OXY ) shares have gained ~35% vs. a 122% rise in the S&P 500 index. More on Occidental Petroleum Occidental Petroleum: Oil Rally Overly Done - Easy Gains Behind Us What Warren Buffett Saw In Occidental Petroleum -- And Why The Thesis Still Holds The War Premium Is Fading: Why I Favor Exxon Mobil Over Occidental Petroleum
The chances of accelerating U.S. inflation are growing with each passing day as the war in the Middle East continues, with the average price of gasoline nationwide spiking to almost $4 a gallon as of Thursday. But there’s another thing American consumers and investors should feel nervous about: the prospect of deflation.
The chances of accelerating U.S. inflation are growing with each passing day as the war in the Middle East continues, with the average price of gasoline nationwide spiking to almost $4 a gallon as of Thursday. But there’s another thing American consumers and investors should feel nervous about: the prospect of deflation.
Announcement comes after IOPC said it was examining force’s response to allegations made in 2014 and 2015 A police force under investigation over its handling of sexual abuse claims against the self-professed misogynist Andrew Tate has reopened an inquiry into allegations against him. Hertfordshire police said they had made the decision to reinvestigate alleged rape and sexual assault offences in ...
Announcement comes after IOPC said it was examining force’s response to allegations made in 2014 and 2015 A police force under investigation over its handling of sexual abuse claims against the self-professed misogynist Andrew Tate has reopened an inquiry into allegations against him. Hertfordshire police said they had made the decision to reinvestigate alleged rape and sexual assault offences in the light of previous failures in 2014 and 2015. Continue reading...
Tom Werner/DigitalVision via Getty Images One company that I have been bearish about for over a year now is Mettler-Toledo International Inc. ( MTD ). Even though the company continues to see an increase in revenue, profits, and cash flows, my issue with it has been primarily because of its lofty valuation. So far, that bearishness has paid off. Since I last reaffirmed the company as a ‘sell’ cand...
Tom Werner/DigitalVision via Getty Images One company that I have been bearish about for over a year now is Mettler-Toledo International Inc. ( MTD ). Even though the company continues to see an increase in revenue, profits, and cash flows, my issue with it has been primarily because of its lofty valuation. So far, that bearishness has paid off. Since I last reaffirmed the company as a ‘sell’ candidate back in October of last year, shares are down 7.3% while the market is flat. And since I originally rated it a ‘sell’ in January of that year, the stock has fallen 10.4%. Over that same window of time, the S&P 500 is up 11%. From a purely fundamental standpoint, the company is actually doing well right now. Yes, there have been some mixed financial figures. But on the whole, it is growing. I would say, based on where we are, it is getting closer to an upgrade to a ‘hold.’ But I'm not ready to pull the trigger on that just yet. I would like to see the stock fall another 10% or so at least or see a meaningful improvement in profitability before upgrading it. Taking A Fresh Look At Mettler-Toledo International Operationally, Mettler-Toledo International strikes me as an intriguing business. Management describes the enterprise as a supplier of precision instruments and services. It is a truly global company, with only 42% of revenue coming from North America and South America combined last year. Another 29% comes from Europe, with the rest coming from Asia and various countries across the globe. In total, the company sells its products in more than 140 countries, and it has a direct presence in around 40 of those. To really understand the company, though, we need to dig a bit deeper. And this involves touching briefly on each of its operating segments and the markets that it serves. Management specifies in their annual report the wide array of solutions that they make available for customers. For instance, around 56% of revenue last year came from laboratory instruments. ...
asbe/iStock via Getty Images This market brief examines a sharp sell-off in crypto-linked equities on March 24, with Circle ( CRCL ) plunging approximately 20% and Coinbase ( COIN ) dropping roughly 10%. The primary trigger was a restrictive new draft of the CLARITY Act that would ban passive yield on stablecoins, striking at the heart of the DeFi-versus-traditional-banking battle. At stake is a q...
asbe/iStock via Getty Images This market brief examines a sharp sell-off in crypto-linked equities on March 24, with Circle ( CRCL ) plunging approximately 20% and Coinbase ( COIN ) dropping roughly 10%. The primary trigger was a restrictive new draft of the CLARITY Act that would ban passive yield on stablecoins, striking at the heart of the DeFi-versus-traditional-banking battle. At stake is a question that extends well beyond two stock tickers: whether stablecoins will be allowed to compete with bank deposits, or be confined to payment rails. Tuesday's open brought a swift blow to crypto-linked equities. Circle tumbled approximately 20%, marking its worst single-day loss on record, while Coinbase shed roughly 10%, dropping to the $178 level. The sell-off erased billions in combined market capitalization and snapped a fierce rally for Circle, which had surged roughly 160% from a February low near $56 to approximately $132 before the crash. Primary Cause: The Stablecoin ( SBC-USD ) Yield Showdown The catalyst was a newly surfaced draft of the CLARITY Act , the pending U.S. crypto market structure bill. The latest language would prohibit platforms from offering yield, directly or indirectly, on passive stablecoin balances , banning any structure deemed "economically equivalent to interest." This is the frontline of a deeper battle between DeFi and traditional banking. Currently, Circle earns interest on USDC's ( USDC-USD ) reserve assets and shares that income with partners like Coinbase, which funds user rewards programs. The new CLARITY Act language would kill this pass-through model entirely. The incentive structure is clear: Traditional banks view yield-bearing stablecoins as an existential threat to their deposit business and are leveraging their lobbying power to ensure the legislation bans it. The crypto industry sees balance-based yield as one of the most compelling adoption drivers. Removing it would make stablecoins significantly less attractive to both re...