Saudi Arabia’s markets regulator CMA is being urged to rethink its push to give local retail investors a larger share of IPOs, amid concerns the effort risks further weakening listing performance. Sumaya Aljazeeri, Assistant Vice President of Research at SICO Bank spoke to Bloomberg’s Jennifer Zabasajja on Horizons Middle East and Africa on the performance and reliance of Saudi markets on these re...
Saudi Arabia’s markets regulator CMA is being urged to rethink its push to give local retail investors a larger share of IPOs, amid concerns the effort risks further weakening listing performance. Sumaya Aljazeeri, Assistant Vice President of Research at SICO Bank spoke to Bloomberg’s Jennifer Zabasajja on Horizons Middle East and Africa on the performance and reliance of Saudi markets on these reforms. (Source: Bloomberg)
Key Points Solana, currently trading at $87, could reach $250 by the end of this year. Solana is attempting to pivot away from meme coins and into stablecoins. The arrival of new Solana treasury companies and new spot Solana ETFs should help to push Solana higher. 10 stocks we like better than Solana › At a price of just $87, Solana (CRYPTO: SOL) is now down a shocking 66% from its all-time high i...
Key Points Solana, currently trading at $87, could reach $250 by the end of this year. Solana is attempting to pivot away from meme coins and into stablecoins. The arrival of new Solana treasury companies and new spot Solana ETFs should help to push Solana higher. 10 stocks we like better than Solana › At a price of just $87, Solana (CRYPTO: SOL) is now down a shocking 66% from its all-time high in January 2025. As investors race to de-risk and de-leverage, Solana now looks like a very risky bet on the future of blockchain and crypto. But don't sleep on Solana quite yet. There's an exciting new investment thesis that predicts a stunning reversal of fortune for Solana in 2026. If all goes according to plan, Solana could hit a price of $250 this year before soaring in value to hit a price of $2,000 by 2030. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » From meme coins to stablecoins The problem with Solana right now is that it is too highly leveraged to the future of speculative meme coins. According to some estimates, almost 50% of all revenue generated by the Solana blockchain ecosystem now comes from meme coin trading on Solana's decentralized cryptocurrency exchanges. Making matters worse, Solana is at the center of the growing controversy surrounding meme coins. At the end of last year, it looked like Solana might be facing substantial legal risk for its role in promoting meme coin speculation. If you've ever invested hundreds of dollars in a speculative meme coin, only to see its value plunge to zero within days, you can understand why crypto lawyers are suddenly very busy these days. However, Standard Chartered recently ran the numbers on the Solana blockchain, and found a shift in revenue generation. Simply put, there's been a shift from meme coins to stablecoins. More specifically, there'...
hapabapa/iStock Editorial via Getty Images Back in August of last year, one company that I described as being on sale was Dollar Tree ( DLTR ). At that point, the firm was experiencing profitability issues. A lot of the problems that it went through involved its Family Dollar segment. For context, years ago, the company acquired Family Dollar. But unfortunately, that purchase did not turn out as i...
hapabapa/iStock Editorial via Getty Images Back in August of last year, one company that I described as being on sale was Dollar Tree ( DLTR ). At that point, the firm was experiencing profitability issues. A lot of the problems that it went through involved its Family Dollar segment. For context, years ago, the company acquired Family Dollar. But unfortunately, that purchase did not turn out as intended. Since then, the firm has succeeded in selling off that asset. And even though this might have been disappointing to those who banked on synergies being realized, the resulting enterprise looks healthy. Revenue continues to grow, and cash flows for the core business happen to be rising. Relative to other similar firms, the stock is actually attractively priced as well. This makes for a good prospect, especially now that the baggage that is Family Dollar is gone. Unfortunately, the market has not yet come to the same conclusion that I have. I say this because, since I called it a "Buy" back in August 2025, the stock has risen by only 3.3%. Over the same window of time, the market is up by 7.9%. The good news for investors here is that it opens the door to jump in for a longer period. At some point, the market should recognize the potential that the business provides. This is why, even though the market has disagreed with me up to this point, I believe that reaffirming it as a soft "B uy" candidate is the right choice. Taking a fresh look at Dollar Tree Author - SEC EDGAR Data Over the last few years now, Dollar Tree, after stripping out Family Dollar, has done a pretty good job. Between 2022 and 2024 , revenue for the company expanded from $15.41 billion to $17.58 billion. This rise in sales was driven in large part by an increase in the number of locations in operation from 8,134 to 8,881, taking total square footage up from 70.5 million to 78.4 million. Author - SEC EDGAR Data But that's not all. The company also has seen consistent, though slowing, growth when it ...
Good morning . UK Prime Minister Keir Starmer faces pressure as his chief of staff quits. Sanae Takaichi triumphs in Japan’s election. And activist investor Steven Wood faces a tougher fight at Swatch Group. Listen to the day’s top stories . UK Prime Minister Keir Starmer’s leadership is under threat after Morgan McSweeney, his chief of staff, quit amid the controversy over former US envoy Peter M...
Good morning . UK Prime Minister Keir Starmer faces pressure as his chief of staff quits. Sanae Takaichi triumphs in Japan’s election. And activist investor Steven Wood faces a tougher fight at Swatch Group. Listen to the day’s top stories . UK Prime Minister Keir Starmer’s leadership is under threat after Morgan McSweeney, his chief of staff, quit amid the controversy over former US envoy Peter Mandelson’s appointment . A group of cabinet ministers may urge Starmer privately to step down, people familiar said. His allies expect him to survive the week. Hedge funds are betting against the pound versus the euro on fears of interest rate-cuts, political turmoil and heavy options demand. Meanwhile, UK intelligence chiefs warned political parties about foreign interference risks , including donations, coercion and honey traps. Japanese Prime Minister Sanae Takaichi’s snap election gamble paid off with a historic landslide, cementing her authority . The ruling LDP registered its biggest postwar single-party victory and a two-thirds lower-house majority. Stocks rallied to fresh records and the yen edged away from the danger zone for intervention. Her main opposition now may not come from parliament, but from the markets. In other election news: Socialist António José Seguro won Portugal’s presidency in the first runoff in four decades, defeating far-right rival André Ventura after a turbulent campaign. Spain’s Socialists suffered another setback in a snap regional vote, highlighting waning support for Prime Minister Pedro Sánchez. In Thailand, early results from Sunday’s vote show the ruling Bhumjaithai party is on track to secure 191 seats in the 500-member House of Representatives — nearly triple the last election in 2023. Asian stocks hit record highs as risk appetite returned , with tech, crypto and gold rising on Wall Street momentum and Japan’s election boost. But Goldman Sachs expects US stocks to face renewed selling pressure as trend-following funds unload equiti...
Justin Sullivan/Getty Images News There's a pretty good chance that if you follow my work closely, you know that I am not a fan of Tesla ( TSLA ). My dislike for the company has nothing to do with its leadership or with its overall ambitions. And in all honesty, I like a lot of what it does operationally. I am a big believer in the electric vehicle market, and I particularly love its Energy Genera...
Justin Sullivan/Getty Images News There's a pretty good chance that if you follow my work closely, you know that I am not a fan of Tesla ( TSLA ). My dislike for the company has nothing to do with its leadership or with its overall ambitions. And in all honesty, I like a lot of what it does operationally. I am a big believer in the electric vehicle market, and I particularly love its Energy Generation and Storage business. My problem with the company, then, really comes down to a couple of things. The smaller issue relates to a lot of the baggage that the company has because of decisions made by Elon Musk. But the bigger issue relates to its valuation. I have long maintained that the company is drastically overpriced. And in fact, back in December of 2024, I made the claim that shareholders of the company would have a very bad 2025. At one point, shares had dropped around 40%. And in all honesty, I thought that the stock would fall further. But the hype engine that Elon Musk ultimately succeeded in exciting investors enough to push the stock higher. To be clear, the stock is still woefully underperforming the market. Since that article back in December of 2024, the stock is essentially flat. By comparison, the S&P 500 is up 16.6%. Since my last article about the company, published in January of this year, shares have dropped 6%. That's far worse than the 0.9% decline that the S&P 500 endured. This all pales in comparison to what I expect to happen at some point in the future. But in order for that to transpire, the magic that the company is promising needs to die out. As I have detailed in other articles , some of the other promises that the company has made will not come to pass in the way that management has promoted. The robotaxi ambition that the company has is a nothingburger because of how far behind the company is compared to other players in the space, such as Alphabet ( GOOG ) ( GOOGL ) owned Waymo. But the latest hype put out by management involves the rob...