alexsl Stock index futures surged before the bell as President Donald Trump agreed to suspend the bombing of Iran for two weeks, subject to the opening of the Strait of Hormuz. S&P 500 futures ( SPX ) jumped 2.60%, Nasdaq 100 futures ( US100:IND ) soared 3.30%, and Dow futures ( INDU ) advanced 2.37%. Market sentiment got a massive boost as tensions between the U.S. and Iran seemed to ease. Trump ...
alexsl Stock index futures surged before the bell as President Donald Trump agreed to suspend the bombing of Iran for two weeks, subject to the opening of the Strait of Hormuz. S&P 500 futures ( SPX ) jumped 2.60%, Nasdaq 100 futures ( US100:IND ) soared 3.30%, and Dow futures ( INDU ) advanced 2.37%. Market sentiment got a massive boost as tensions between the U.S. and Iran seemed to ease. Trump said the U.S. has received a 10-point proposal from Iran, and it is “a workable basis on which to negotiate.” The ceasefire remained contingent on Iran agreeing to an opening of the Strait of Hormuz. There was no confirmation of a deal from the Iranian side so far. U.S. Treasury yields fell across the curve. The 10-year Treasury yield ( US10Y ) dropped 5.4 basis points to 4.25%, while the 2-year yield ( US2Y ) declined 7 basis points to 3.73%. The 30-year yield ( US30Y ) slipped 2 basis points to 4.85%. FOMC minutes are due during market hours. Top gainers in premarket trading included Humana ( HUM ) +11.14%, UnitedHealth Group ( UNH ) +7.69%, and CVS Health ( CVS ) +6.77%. Decliners included Norfolk Southern ( NSC ) -3.34%, Consolidated Edison ( ED ) -3.15%, and FirstEnergy ( FE ) -2.00%. More on markets AI Already Took 3 Million Jobs Iran Could Be The Tipping Point For The Consumer-Led Economy About Those Orders For Durable Goods That Factories In The U.S. Received
The Battery Separator Market is anticipated to grow from USD 8.00 Billion in 2025 to USD 17.14 Billion by 2031, with a CAGR of 13.54%. Driven by rising EV and energy storage demands, the market is significantly influenced by electric cars, which sold over 17 million units in 2024. Innovations, such as Panasonic's Kansas plant and CATL's plans in Hungary, highlight increasing production to meet dem...
The Battery Separator Market is anticipated to grow from USD 8.00 Billion in 2025 to USD 17.14 Billion by 2031, with a CAGR of 13.54%. Driven by rising EV and energy storage demands, the market is significantly influenced by electric cars, which sold over 17 million units in 2024. Innovations, such as Panasonic's Kansas plant and CATL's plans in Hungary, highlight increasing production to meet demand. The shift toward coated, multilayer separators for safety, alongside regional supply chain loca
China’s top anti-graft agency is investigating Wang Wenling, a vice chairman of the National Council for Social Security Fund (NCSSF), for suspected corruption. The probe into the 59-year-old comes amid scrutiny of senior officials overseeing the country’s vast state financial assets. Wang has spent more than two decades at the NCSSF, overseeing its securities investments since becoming vice chair...
China’s top anti-graft agency is investigating Wang Wenling, a vice chairman of the National Council for Social Security Fund (NCSSF), for suspected corruption. The probe into the 59-year-old comes amid scrutiny of senior officials overseeing the country’s vast state financial assets. Wang has spent more than two decades at the NCSSF, overseeing its securities investments since becoming vice chairman in 2015.
(RTTNews) - Zedcor Inc. (ZDC.V), a provider of mobile surveillance towers, on Wednesday registered a significant growth in net profit and EBITDA, benefited mainly by higher revenues. However, earnings per share remained unchanged.
(RTTNews) - Zedcor Inc. (ZDC.V), a provider of mobile surveillance towers, on Wednesday registered a significant growth in net profit and EBITDA, benefited mainly by higher revenues. However, earnings per share remained unchanged.
A Swiss court denied a request by John Elkann , the leader of carmaker Fiat’s founding Agnelli clan, that it assert control over a case in a long-running inheritance dispute that’s pitted the Stellantis NV chairman and his siblings against their mother. The court in Thun has declared inadmissible requests by John, Lapo and Ginevra Elkann to have a Swiss judge uphold the will of their grandmother, ...
A Swiss court denied a request by John Elkann , the leader of carmaker Fiat’s founding Agnelli clan, that it assert control over a case in a long-running inheritance dispute that’s pitted the Stellantis NV chairman and his siblings against their mother. The court in Thun has declared inadmissible requests by John, Lapo and Ginevra Elkann to have a Swiss judge uphold the will of their grandmother, the widow of industrialist Gianni Agnelli. The siblings asked the court to confirm them as heirs and exclude their mother from the estate, lawyers for Elkann’s mother, Margherita Agnelli , said late Tuesday. The judge found that the court lacked jurisdiction and didn’t rule on the merits of the siblings’ claims, Margherita’s lawyers said. Moving the case to a Swiss court would have allowed the Elkann siblings to exclude the mother from the inheritance, based on waivers she signed in 2004. The case is part of a broader fight over control of the family holding structure atop Exor NV , the biggest shareholder in Stellantis and supercar maker Ferrari NV . John Elkann, 50, is chief executive officer of Exor and chairman of Ferrari. Should Margherita, 70, ever succeed in her attempts to upend the disposition of the family estate, his position at the helm of the Agnelli empire would be at risk. Read More: Billionaire Agnelli Family’s Feud Faces Twist With New Will The dispute has turned on whether John Elkann’s grandmother was legally a resident in Switzerland or Italy when she died in 2019. Margherita has argued that earlier inheritance arrangements that cut her out of the family business were invalid because her mother’s true residence was in Italy, not Switzerland. That distinction matters because, under Italian law, inheritance rights can’t be waived before death. If Margherita were ever to establish that her mother’s formal residence was in Italy, it could alter the inheritance provisions at the center of the family fight. In the April 2 ruling in Thun, the court ordered the ...
patpitchaya/iStock via Getty Images Microsoft ( MSFT ) is that type of company that you know deserves a premium valuation, and you know you will probably never pay a cheap price on the stock. But that is no longer true. I have been following Microsoft for a few years now, and I have never seen the stock with multiples this compressed, and this is not just an empirical perception. Looking at the fw...
patpitchaya/iStock via Getty Images Microsoft ( MSFT ) is that type of company that you know deserves a premium valuation, and you know you will probably never pay a cheap price on the stock. But that is no longer true. I have been following Microsoft for a few years now, and I have never seen the stock with multiples this compressed, and this is not just an empirical perception. Looking at the fwd P/E, it is practically at its historical minimum, and even if we analyze the 10-year history of the last twelve months (LTM) P/E, the multiple is also very close to the all-time low. It is worth mentioning that I don't even consider the LTM P/E that accurate, since Microsoft's growth is substantial and is above its avg. Data by YCharts And this is already a point to be considered. Microsoft is indeed a mature company, but its growth, both top line and EBITDA, is higher than its average of the last 10 years. There is a lot of opportunity, a lot of innovation, but the market seems to insist on seeing the glass “half empty.” It is true that there are uncertainties in the case, but as the long-term thesis remains not only intact but even stronger with this " huge margin of safety " I am upgrading the rating of Microsoft to a strong buy . Microsoft’s Risks: OpenAI, CapEx, Xbox Before starting to discuss the positives of Microsoft, I need to say that the case really has some uncertainties. In fact, the title of my last article on MSFT was “Microsoft: Solid Fundamentals, Rising Uncertainties -Why I Remain Cautiously Bullish.” Basically, I said that although I was optimistic about Microsoft, I had concerns about competition regarding AI and cloud, and mainly, I believed that Microsoft possessed a “bad” part of revenue, which was Xbox and Windows. I don't like this division much because of the uncertainty. It is far from being a recurring revenue like the others, not to mention that today the environment is very dynamic for gaming, so platforms like Xbox can really lose relevance ...
patpitchaya/iStock via Getty Images Microsoft ( MSFT ) is that type of company that you know deserves a premium valuation, and you know you will probably never pay a cheap price on the stock. But that is no longer true. I have been following Microsoft for a few years now, and I have never seen the stock with multiples this compressed, and this is not just an empirical perception. Looking at the fw...
patpitchaya/iStock via Getty Images Microsoft ( MSFT ) is that type of company that you know deserves a premium valuation, and you know you will probably never pay a cheap price on the stock. But that is no longer true. I have been following Microsoft for a few years now, and I have never seen the stock with multiples this compressed, and this is not just an empirical perception. Looking at the fwd P/E, it is practically at its historical minimum, and even if we analyze the 10-year history of the last twelve months (LTM) P/E, the multiple is also very close to the all-time low. It is worth mentioning that I don't even consider the LTM P/E that accurate, since Microsoft's growth is substantial and is above its avg. Data by YCharts And this is already a point to be considered. Microsoft is indeed a mature company, but its growth, both top line and EBITDA, is higher than its average of the last 10 years. There is a lot of opportunity, a lot of innovation, but the market seems to insist on seeing the glass “half empty.” It is true that there are uncertainties in the case, but as the long-term thesis remains not only intact but even stronger with this " huge margin of safety " I am upgrading the rating of Microsoft to a strong buy . Microsoft’s Risks: OpenAI, CapEx, Xbox Before starting to discuss the positives of Microsoft, I need to say that the case really has some uncertainties. In fact, the title of my last article on MSFT was “Microsoft: Solid Fundamentals, Rising Uncertainties -Why I Remain Cautiously Bullish.” Basically, I said that although I was optimistic about Microsoft, I had concerns about competition regarding AI and cloud, and mainly, I believed that Microsoft possessed a “bad” part of revenue, which was Xbox and Windows. I don't like this division much because of the uncertainty. It is far from being a recurring revenue like the others, not to mention that today the environment is very dynamic for gaming, so platforms like Xbox can really lose relevance ...