Market Snapshot USD/INR ₹93.10 -1.8% Nifty 50 Index 22,713.10 +0.1% India 10-Year Bond Yield 7.11% -0.01 Spot Gold ($/oz) $4,651.60 +0.0% S&P 500 Futures 6,634.75 +0.5% Market data as of 08:12 AM IST, Apr. 6, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Alex Gabriel Simon in Mumbai, with a check on market mood at the start of what looks se...
Market Snapshot USD/INR ₹93.10 -1.8% Nifty 50 Index 22,713.10 +0.1% India 10-Year Bond Yield 7.11% -0.01 Spot Gold ($/oz) $4,651.60 +0.0% S&P 500 Futures 6,634.75 +0.5% Market data as of 08:12 AM IST, Apr. 6, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Alex Gabriel Simon in Mumbai, with a check on market mood at the start of what looks set to be another volatile week. Traders remain cautious as the Middle East conflict shows little signs of easing. US President Donald Trump has imposed a fresh ultimatum and threatened to strike power plants and other civilian infrastructure in Iran if the Strait of Hormuz is not reopened. At home, all eyes will be on the rupee when markets reopen after the long weekend. The currency posted its biggest gain in more than 12 years on Thursday after the central bank intensified its crackdown on speculation. The RBI is slated to announce its rate decision on Wednesday, with local bond yields near two-year highs. Rising borrowing costs are weighing on the outlook for corporate earnings as the March-quarter reporting season begins. Add sustained foreign investor selling to the mix, and it is clear that bears still have the upper hand in the stock market. In today’s newsletter, we look at why: Proprietary traders are back TCS earnings are crucial for IT Banks face more pressure ahead But first, here’s how costly hedges are making local assets unattractive for foreigners. Markets Buzz: Rupee Hedges Bite The cost of protecting against rupee weakness over the next three months rose by 1.25 percentage points on Thursday, the most since 2011, after the RBI’s clampdown on banks’ currency bets triggered a rush to offload dollars locally. Many lenders turned to sell-buy swaps — selling the greenback now while agreeing to buy it back later, while importers used the rupee’s nearly 2% jump to lock in better rates for future payments. Hedging was already expensive overseas, and now local costs...
格隆汇4月6日｜根据OpenRouter最新数据测算，上周（3月30日至4月5日）全球AI大模型总调用量为27万亿Token，环比增长18.9%。其中，上榜的AI大模型中，中国AI大模型的周调用量上升至12.96万亿Token，较此前一周上涨31.48%；美国AI大模型周调用量为3.03万亿Token，环比增长0.76%。中国AI大模型周调用量连续五周增长，且连续五周超越美国。 上周，全球调用量排名前六的均为中国AI大模型，排名前三中，有两款阿里千问3.6系列模型。其中，Qwen3.6 Plus (free)位居榜首，周调用量达4.6万亿Token；Qwen3.6 Plus Preview排名第三，周调用量达1.64万亿Token。
(RTTNews) - Indian shares are seen opening lower on Monday as investors keep a close eye on the latest developments in the Middle East and oil price movements.
(RTTNews) - Indian shares are seen opening lower on Monday as investors keep a close eye on the latest developments in the Middle East and oil price movements.
beckariuz/E+ via Getty Images Investment Thesis I last reviewed the Pacer US Cash Cows 100 ETF ( COWZ ) on October 31, 2025, when I rated it a "hold" after noting several fundamental deficiencies relative to its main competitor, the VictoryShares Free Cash Flow ETF ( VFLO ). While COWZ is still trailing VFLO since the latter's launch in June 2023, it has outperformed by about 3.5% since my article...
beckariuz/E+ via Getty Images Investment Thesis I last reviewed the Pacer US Cash Cows 100 ETF ( COWZ ) on October 31, 2025, when I rated it a "hold" after noting several fundamental deficiencies relative to its main competitor, the VictoryShares Free Cash Flow ETF ( VFLO ). While COWZ is still trailing VFLO since the latter's launch in June 2023, it has outperformed by about 3.5% since my article was published. For that reason, I wanted to see if anything has changed behind the scenes, which wouldn't be unusual, given COWZ is known for its extremely high portfolio turnover rates. Morningstar My take is that although both have extremely strong value and free cash flow characteristics, COWZ has outperformed mainly due to 11% less tech sector exposure. COWZ also slightly overweights Energy, and given that WTI crude oil prices are back above $100 per barrel, I wouldn't be surprised to see COWZ lean on that sector in future rebalances. That mix could lead to the kinds of strong returns COWZ realized four years ago, so while I still don't find its backward-looking selection process appealing, it is an interesting and unique satellite play that earns it a solid "hold" rating. I look forward to explaining why in further detail below, and as always, I welcome your questions in the comments section afterward. COWZ: Understanding The Strategy COWZ has a 0.49% expense ratio, $18B in assets, and tracks the in-house Pacer US Cash Cows 100 Index, aiming to hold high free cash flow large/mid-cap stocks trading at attractive valuations. Pacer does a nice job explaining the strategy on its website. As shown below, the process starts with the Russell 1000 Index, narrows down the selection universe to the top 400 based on free float market capitalization, and then removes all companies in the Financials sector as well as those with negative consensus estimated earnings or free cash flow for the next two years. Pacer then selects the top 100 based on free cash flow yield (free cash flo...
Beijing HyperStrong Technology Co. , one of China’s top suppliers of energy-storage systems, expects to more than double shipments this year on robust demand at home and abroad. Total deliveries are projected to reach 70 gigawatt-hours in 2026, up from 26 gigawatt-hours last year, the company’s chairman and chief executive officer, Jianhui Zhang, said in an interview late last week. “This includes...
Beijing HyperStrong Technology Co. , one of China’s top suppliers of energy-storage systems, expects to more than double shipments this year on robust demand at home and abroad. Total deliveries are projected to reach 70 gigawatt-hours in 2026, up from 26 gigawatt-hours last year, the company’s chairman and chief executive officer, Jianhui Zhang, said in an interview late last week. “This includes 60 gigawatt-hours coming from the domestic market, and 10 gigawatt-hours from overseas demand,” he said. China’s energy-storage market, already the world’s largest, has grown exponentially over the past five years as the government pushes to build more of the projects needed to ensure grid stability and integrate intermittent renewable-power sources such as solar and wind. Read More: America’s AI Ambition Relies on China’s Electrical Supply Chain Computing centers to power the AI boom will be a key driver of future demand, said Zhang, particularly due to government requirements that most of the power for these facilities must come from green power sources. “A large number of those projects will require energy storage to provide support,” he said. The same trend also applies to overseas markets, especially in North America, Zhang said. European orders, meanwhile, are driven primarily by upgrades to the power grid, he added. “After three years of overseas expansion of our business, we are now seeing rapid growth in orders from Europe and North America,” Zhang said. “This will play a significant role in driving our overall development this year.”
mladn61/E+ via Getty Images Last fall, I double upgraded Archer Aviation Inc. ( ACHR ) from a sell to a buy rating. Needless to say, that bullish call hasn't played out at all like I envisioned. Back then, commercialization seemed near, and since the valuation was attractive, I believed that takeoff for the stock was imminent. Just very recently, I initiated their rival Joby Aviation ( JOBY ) at a...
mladn61/E+ via Getty Images Last fall, I double upgraded Archer Aviation Inc. ( ACHR ) from a sell to a buy rating. Needless to say, that bullish call hasn't played out at all like I envisioned. Back then, commercialization seemed near, and since the valuation was attractive, I believed that takeoff for the stock was imminent. Just very recently, I initiated their rival Joby Aviation ( JOBY ) at a buy rating , and so today I have decided to give an update for Archer. The company reported their latest results back in March, and so today, I'll be going through those numbers and also some recent developments. Seeking Alpha Below, it is shown that the company continues to progress towards commercialization. After hitting a certification milestone, the company is targeting flights this year in the U.S. and the UAE. While there are some risks like dilution and lawsuits, the company's international expansion and push into the defense sector make the overall outlook bright. With the valuation now at dirt cheap levels and far below the multiyear median, I have decided to reiterate my buy rating on Archer. Certification Milestone As stated in my recent Joby article, the regulatory environment is a significant hurdle for the eVTOL industry in general. For Archer, they have made rather quick progress and have hit a major milestone. In their shareholder letter , Founder & CEO Adam Goldstein wrote This quarter, we reached a key milestone: the FAA confirmed its final acceptance of 100% of the 797 Means of Compliance for our Midnight aircraft. I believe this makes us the first to achieve this milestone with the FAA. Being the first to get to this milestone could help them to achieve commercialization at a quicker pace, and of course, being the first mover definitely has its advantages. It should be noted that this was far from being luck. Goldstein goes on to say that they designed Midnight to be "as close to a Part 23 airplane as possible" and that they "chose not to reinvent what...
Perhaps my work is still about my healing – remembering the sacred fragility, the passing nature, the end date in sight As a celebrant, I start my weddings and funerals with the same words: “Everyone, we are about to get started, so can you please make sure your phones are off or on silent.” I introduce myself, express my great privilege in sharing this moment with the people gathered and always m...
Perhaps my work is still about my healing – remembering the sacred fragility, the passing nature, the end date in sight As a celebrant, I start my weddings and funerals with the same words: “Everyone, we are about to get started, so can you please make sure your phones are off or on silent.” I introduce myself, express my great privilege in sharing this moment with the people gathered and always make sure I have tissues on hand. Wedding dresses don’t have pockets and you’d be surprised how many people come to a funeral not expecting to cry. Jackie Bailey is the author of The Eulogy, the winner of the 2023 NSW Premier’s literary multicultural award. When not writing, she works as a funeral celebrant and pastoral care practitioner, helping families navigate death and dying Continue reading...
Key PointsShares of UiPath have suffered as investors rethink the value of artificial intelligence, but this company’s solutions serve a proven, marketable purpose.
Key PointsShares of UiPath have suffered as investors rethink the value of artificial intelligence, but this company’s solutions serve a proven, marketable purpose.