US stocks have staged a modest rebound even as flaring tensions in the Middle East sent oil prices and bond yields higher. Futures for the S&P 500 rose 0.2% after a selloff in artificial intelligence stocks came to a halt. Bond traders are wagering that inflation figures this week will show the biggest surge in consumer prices in several years, adding to pressure on the Federal Reserve to raise in...
US stocks have staged a modest rebound even as flaring tensions in the Middle East sent oil prices and bond yields higher. Futures for the S&P 500 rose 0.2% after a selloff in artificial intelligence stocks came to a halt. Bond traders are wagering that inflation figures this week will show the biggest surge in consumer prices in several years, adding to pressure on the Federal Reserve to raise interest rates. Global bond markets have seen a profound shift since late February, when the US and Israel's attacks on Iran sparked a surge in oil prices, derailing bets that the central bank was poised to lower rates in 2026. Lindsay Rosner, Head of Multi-Sector Investing at Goldman Sachs Asset Management explains. (Source: Bloomberg)
A Hong Kong court has jailed four men for up to three years and one month for rioting during the 2019 anti-government protests, in the latest round of sentences following authorities’ pledge to pursue those involved regardless of the time elapsed. The District Court on Monday sentenced the four defendants for their roles in clashes at and around Polytechnic University in Hung Hom, the site of some...
A Hong Kong court has jailed four men for up to three years and one month for rioting during the 2019 anti-government protests, in the latest round of sentences following authorities’ pledge to pursue those involved regardless of the time elapsed. The District Court on Monday sentenced the four defendants for their roles in clashes at and around Polytechnic University in Hung Hom, the site of some of the most intense confrontations between protesters and police during the unrest. Judge Edmond...
OR Images/DigitalVision via Getty Images If you follow my work, you'll know that I've previously covered gaming (digital gaming and some casinos as well) companies. You'll also know that I am personally a gamer , meaning I've played board games, digital games, and things like pen & paper RPGs for going on 30 years of my life. To put it simply, it's a huge part of my life. It was perhaps more so wh...
OR Images/DigitalVision via Getty Images If you follow my work, you'll know that I've previously covered gaming (digital gaming and some casinos as well) companies. You'll also know that I am personally a gamer , meaning I've played board games, digital games, and things like pen & paper RPGs for going on 30 years of my life. To put it simply, it's a huge part of my life. It was perhaps more so when I was younger - now that adult life has taken over, I obviously cannot do it the same way I once did, but I still go out of my way to make sure that I can play a bit of games, and I do have a group that gets together to play things like board games, and Warhammer/40k as well as computer games. The positive effects of this hobby are too numerous to go into here - and that is obviously not the point at this time. What I am instead focusing on here is the investing side of it. I have made very clear points when I previously covered these sorts of companies, that just because you like something personally is not a good reason to actually invest in it monetarily. Gaming, unfortunately, is not always a great or even good investment. But it can be. So when I heard that Embracer AB was spinning off Asmodee, the board game division of the company, I was mildly interested. I made sure to put the company on my radar to see where it might go from here. That's the focus of today's article, by the way - Asmodee AB ( ASMOF ). I want to start off by saying that this is not an easy investment - and I'm not just talking about the BB- rating of the company, meaning junk rated, though this is certainly a part of it. No, what I mean is the business model is, in a way, a counter on the digital gaming world. There are things to like about that and things to dislike about it. As I said, I will focus on the investment side of the business here. Not the "liking it side", even though I do like it. I will, however, cover a few personal reflections that I have been witnessing as of late - by "late" ...
Shares of Zealand Pharma ( ZLDPF ), the weight-loss drug developer, tumbled as much as 26% on Monday after fresh data from its experimental treatment sparked concerns about possible side effects. The Danish drugmaker said that while its drug survodutide met its key targets in a late-stage study, 19% of patients dropped out of the study due to gastrointestinal events, compared to 2.9% on placebo. Z...
Shares of Zealand Pharma ( ZLDPF ), the weight-loss drug developer, tumbled as much as 26% on Monday after fresh data from its experimental treatment sparked concerns about possible side effects. The Danish drugmaker said that while its drug survodutide met its key targets in a late-stage study, 19% of patients dropped out of the study due to gastrointestinal events, compared to 2.9% on placebo. Zealand Pharma is eligible for high single- to low double-digit percentage royalties on global sales of survodutide and EUR 315 million in potential outstanding milestone payments. Shares of Zealand Pharma were last seen down 24%, adding to nearly a 50% drop year-to-date. More on Zealand Pharma A/S Zealand Pharma A/S 2026 Q1 - Results - Earnings Call Presentation Zealand Pharma A/S (ZLDPY) Q1 2026 Earnings Call Transcript Historical earnings data for Zealand Pharma A/S Financial information for Zealand Pharma A/S
How did you find it? Did it help in your efforts to find work? Keir Starmer has announced a new AI work assistant tool dubbed a “job centre in your pocket” to help job seekers get into work. In a speech at the start of London Tech Week , the prime minister said the new AI job tool will “help those out of work find the right jobs, create their CVs and get back into work”. Continue reading...
How did you find it? Did it help in your efforts to find work? Keir Starmer has announced a new AI work assistant tool dubbed a “job centre in your pocket” to help job seekers get into work. In a speech at the start of London Tech Week , the prime minister said the new AI job tool will “help those out of work find the right jobs, create their CVs and get back into work”. Continue reading...
The Vanguard Consumer Staples ETF (NYSEMKT:VDC) maintains a significantly larger pool of assets under management (AUM) and a longer track record, while the Fidelity MSCI Consumer Staples Index ETF (NYSEMKT:FSTA) offers a slightly lower expense ratio. Investors looking for defensive equity positions often gravitate toward the consumer staples sector, which focuses on non-discretionary goods like fo...
The Vanguard Consumer Staples ETF (NYSEMKT:VDC) maintains a significantly larger pool of assets under management (AUM) and a longer track record, while the Fidelity MSCI Consumer Staples Index ETF (NYSEMKT:FSTA) offers a slightly lower expense ratio. Investors looking for defensive equity positions often gravitate toward the consumer staples sector, which focuses on non-discretionary goods like food and household supplies. This comparison examines two popular options that offer exposure to these relatively stable companies during periods of broader market uncertainty. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
Joel Angel Juarez/Getty Images News The U.S. has confirmed a second case of New World screwworm (NWS) in Texas, prompting Canada to temporarily ban imports of livestock from the state. The New World screwworm is a parasitic blowfly whose larvae feed on the living tissue of warm-blooded animals. According to the Department of Agriculture, the latest confirmed case was found in a one-month-old calf ...
Joel Angel Juarez/Getty Images News The U.S. has confirmed a second case of New World screwworm (NWS) in Texas, prompting Canada to temporarily ban imports of livestock from the state. The New World screwworm is a parasitic blowfly whose larvae feed on the living tissue of warm-blooded animals. According to the Department of Agriculture, the latest confirmed case was found in a one-month-old calf in Zavala County, Texas, about 5.6 miles from the first case. The initial confirmed case was the first in Texas since 1966. "This second detection is within the established movement control zone and enhanced sterile insect dispersal area," said Dudley Hoskins, undersecretary for Marketing and Regulatory Programs. Texas Gov. Greg Abbott expanded a statewide disaster declaration on Friday. "First, I authorize the use of all available resources of state government to respond to this disaster and reassign resources from across the state as needed to address NWS," he announced. "Second, I am making all state personnel available to accelerate the movement of sterile flies into Texas and the construction of the new sterile screwworm production facility in Edinburg," Abbott added . Releasing sterile screwworms in affected areas is the most effective way to eradicate the pest, as females only mate once. Around 2M sterile screwworms will be dispersed twice a week to disrupt their lifecycle. The outbreak threatens the U.S. cattle herd, which is already at its lowest level in 75 years. But food supply remains safe as screwworms do not infest meat, fruits, vegetables or other food products. Meanwhile, the Canadian Food Inspection Agency implemented temporary import restrictions on livestock, including horses, from affected areas. Animals originating from or were present in Texas within 21 days prior to border crossing will not be accepted into Canada. Top U.S. beef producers: JBS ( JBS ), Tyson Foods ( TSN ), Cargill, National Beef Packing. More on agricultural industry Tyson Foods: Bee...
Institutional investors are showing faith in private credit even as retail money gets spooked, since default rates in portfolios remain low, according to Anthony Fobel , chief executive officer of Arcmont Asset Management . Fobel, speaking at the SuperReturn annual gathering for private capital in Berlin, said it was fair to question whether the industry should be chasing retail investors for what...
Institutional investors are showing faith in private credit even as retail money gets spooked, since default rates in portfolios remain low, according to Anthony Fobel , chief executive officer of Arcmont Asset Management . Fobel, speaking at the SuperReturn annual gathering for private capital in Berlin, said it was fair to question whether the industry should be chasing retail investors for what is “essentially an illiquid asset class.” While that’s led to a wave of redemption requests, the mood in the industry was stronger than the picture reflected in recent news coverage, he said. “What we are seeing indeed is almost directly the opposite of what we’re reading in the press,” Fobel said in a speech to kickoff the conference on Monday. “In fact what you’re actually seeing is contrary to there actually being any kind of negative performance in portfolios.” The private capital industry is convening at an uncertain time, following warnings of a credit market downturn and some significant writedowns . Redemption requests that were previously contained to US private credit vehicles spilled over into Europe last week when Swiss private equity firm Partners Group Holding AG capped withdrawals at 5% in one of its funds. Read more: Private Markets Elite Gather in Berlin Amid Not-So-Super Returns Institutionally Backed Fobel, who founded Arcmont, said he’s been speaking to peers who run other private credit firms as well as institutional investors who have access to underlying performance data. He predicted that the private credit sector, currently worth $1.8 trillion, would be valued at €4 trillion ($4.6 trillion) by 2030. The rush by investors to yank funds and subsequent caps on redemptions by some firms follow worries over the risks from AI’s impact on the sector’s heavy software holdings. That’s provoked soul searching among executives over whether more is yet to come, and is likely to spark plenty of debate at the week-long industry shindig. Read more: Ares’ Jacobson...