In recent days, BeOne Medicines AG gained fresh attention as Wolfe Research initiated coverage with an Outperform rating and the company secured FDA orphan drug designation for its hepatocellular carcinoma candidate, adding to a portfolio anchored by oncology brands such as Brukinsa and Tevimbra. This combination of external validation from a new analyst and regulatory support for a liver cancer t...
In recent days, BeOne Medicines AG gained fresh attention as Wolfe Research initiated coverage with an Outperform rating and the company secured FDA orphan drug designation for its hepatocellular carcinoma candidate, adding to a portfolio anchored by oncology brands such as Brukinsa and Tevimbra. This combination of external validation from a new analyst and regulatory support for a liver cancer therapy reinforces the breadth and perceived quality of BeOne’s oncology pipeline. We’ll now...
XPeng Inc. recently reported that it delivered 27,415 vehicles in March 2026, an 80% month-on-month rebound, and 62,682 vehicles for the first quarter, while also unveiling a three-year Latin America plan that includes entering Mexico and rolling out pure electric and range-extended models from 2027. By pairing a sharp recovery in monthly deliveries with a clear roadmap for regional expansion, XPe...
XPeng Inc. recently reported that it delivered 27,415 vehicles in March 2026, an 80% month-on-month rebound, and 62,682 vehicles for the first quarter, while also unveiling a three-year Latin America plan that includes entering Mexico and rolling out pure electric and range-extended models from 2027. By pairing a sharp recovery in monthly deliveries with a clear roadmap for regional expansion, XPeng is signaling a push to reduce reliance on its home market and broaden its global...
Prices Jump, Employment Dumps As US ISM Services Disappoints In March The last six months or so has seen S&P Global's and ISM's Services PMI surveys diverge dramatically (former at three year lows, latter near four year highs). But, following S&P Global's Services PMI plunge into contraction in March , ISM's Services PMI actually 'agreed' and fell also (but only modestly) from 56.1 to 54.0 (still ...
Prices Jump, Employment Dumps As US ISM Services Disappoints In March The last six months or so has seen S&P Global's and ISM's Services PMI surveys diverge dramatically (former at three year lows, latter near four year highs). But, following S&P Global's Services PMI plunge into contraction in March , ISM's Services PMI actually 'agreed' and fell also (but only modestly) from 56.1 to 54.0 (still in expansion but worse than the expected 54.9)... Source: Bloomberg Under the hood it was a very mixed bag with a surge in New Orders (highest since Feb 2023 - good), but a simultaneous spike in Prices Paid (highest since August 2022 - bad), and a sudden plunge in Employment (weakest since Dec 2023 - ugly)... Thirteen industries reported growth in March, one fewer than in February, and the number reporting contraction remained at three. “The PMI survey data show the US economy buckling under the strain of rising prices and intensifying uncertainty, as the war in the Middle East exacerbates existing concerns regarding other policy decisions in recent months, notably with respect to tariffs," said Chris Williamson, Chief Business Economist at S&P Global Market Intelligence. Something for everyone in this report - doves will focus on slowing growth and tumbling employment; hawks on the continued expansion and spiking prices. For now, the market is undecided with rate-change odds flat. Tyler Durden Mon, 04/06/2026 - 10:06
Slovenian cyclist said signal to stop came too late Riders could face fine and suspension if found guilty Tadej Pogacar is among the riders being investigated for running a red light at a railway crossing during the Tour de Flanders on Sunday. Pogacar, who won the race for a record-equalling third time , was in a group of riders who went through the crossing without stopping. Most of the peloton b...
Slovenian cyclist said signal to stop came too late Riders could face fine and suspension if found guilty Tadej Pogacar is among the riders being investigated for running a red light at a railway crossing during the Tour de Flanders on Sunday. Pogacar, who won the race for a record-equalling third time , was in a group of riders who went through the crossing without stopping. Most of the peloton behind them had to stop before the railway. Belgian officials confirmed on Monday there was an investigation into the riders who allegedly ran the red light. They said no further details were immediately available. Local media said the riders could face a fine and driving suspension if found guilty. Continue reading...
Tamas-V UBS circled Canadian National Railway ( CNI ) as the rails sector name best positioned to deliver an upside Q1 earnings season surprise and see solid follow-through into the middle of the year. Analyst Thomas Wadewitz lifted the Q1 EPS estimate for Canadian National Railway ( CNI ) to C$1.82, which is roughly 2% above consensus, reflecting better-than-expected volume trends across grain, p...
Tamas-V UBS circled Canadian National Railway ( CNI ) as the rails sector name best positioned to deliver an upside Q1 earnings season surprise and see solid follow-through into the middle of the year. Analyst Thomas Wadewitz lifted the Q1 EPS estimate for Canadian National Railway ( CNI ) to C$1.82, which is roughly 2% above consensus, reflecting better-than-expected volume trends across grain, petroleum, and intermodal. "This volume strength, paired with disciplined cost control, allows CN to largely absorb a fuel-lag headwind that management pegs at C$0.03–0.04 per share, keeping the operating ratio flat at 63.9% despite higher diesel," highlighted Wadewitz. The setup for Canadian National Railway ( CNI ) contrasts with UBS' outlook for its peers, where the firm is generally braced for in-line or below-consensus prints. Both Wall Street analysts and Seeking Alpha analysts have a consensus Buy rating on Canadian National Railway ( CNI ). The rails stock is up 5.6% on a year-to-date basis and offers a 2.5% dividend yield to new buyers. More on Canadian National Railway Company Canadian National Railway: Don't Play On Railroad Tracks, Own Them Canadian National Railway Company (CNR:CA) Presents at JPMorgan Industrials Conference 2026 Transcript Canadian National Railway Company (CNR:CA) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript Canadian National Railway raises dividend by ~3%, announces normal course issuer bid Canadian National Railway Non-GAAP EPS of C$2.08, revenue of C$4.46B; initiates FY26 outlook
Alones Creative/iStock via Getty Images In portfolio management, you have a choice. You can try to be clever and predict what will happen, which will typically destine you to fail at periods in your life. Or, you can construct a portfolio strategy which is resilient in the face of the unknown. By taking concentrated and convex risks within a low-risk portfolio architecture, the total return can be...
Alones Creative/iStock via Getty Images In portfolio management, you have a choice. You can try to be clever and predict what will happen, which will typically destine you to fail at periods in your life. Or, you can construct a portfolio strategy which is resilient in the face of the unknown. By taking concentrated and convex risks within a low-risk portfolio architecture, the total return can be heavily alpha producing while also not causing moments of panic. Right now, we're facing one such unknown. How can we know for sure that President Trump, Prime Minister Netanyahu, Iran, and others with influence over the Strait of Hormuz crisis won't escalate the war, or that they won't start credible negotiations within a matter of hours of this being published, or even while it's being published? We can use probabilities, complex sentiment analysis, Monte Carlo simulations, or even agentic AI to tell us, but they will all almost certainly be wrong. What's worse, even if they are broadly right in some instances, tail risk can still occur. If you aren't protected from tail risk, you aren't built to survive, and you won't stand the test of time. The Current Environment The current shock is oil and inflation, with WTI ( CL1:COM ) briefly near $114 recently and about 20% of global oil and LNG flows through Hormuz constrained. The argument, stoked by Powell , is that higher energy prices will lift near-term inflation while tariffs are already potentially pushing up goods prices, creating multiple compression variability. This is not a recession yet, it's a market scare. It doesn't have to turn into a recession if de-escalation occurs, and I assume that avoiding recession is not the only reason Western leaders want to avoid further escalation (while Iranian regime leaders would logically want to avoid escalation to preserve the regime's existence). There are also the macroeconomic considerations of stark loss of life from ground conflict, escalation in geopolitical dynamics bet...
From September, trans girls, and trans young women who volunteer, will have to hand in their memberships Angela has two daughters, aged 13 and 10, who both attend their local Girlguiding group. Like many girls their age, they enthusiastically collect their badges, make new friends and attend the organisation’s large summer jamboree every year. But as of September, Angela’s youngest daughter will h...
From September, trans girls, and trans young women who volunteer, will have to hand in their memberships Angela has two daughters, aged 13 and 10, who both attend their local Girlguiding group. Like many girls their age, they enthusiastically collect their badges, make new friends and attend the organisation’s large summer jamboree every year. But as of September, Angela’s youngest daughter will have to leave Girlguiding because she is transgender. Continue reading...
Gunter_Nezhoda Short interest across small- to mid-cap stocks highlights extreme positioning at both ends, with highly speculative micro-cap names drawing heavy bearish bets, while a separate group of lesser-followed stocks sees minimal short activity. High short interest can signal bearish sentiment toward a company, but it can also raise the potential for short squeezes if positive catalysts dri...
Gunter_Nezhoda Short interest across small- to mid-cap stocks highlights extreme positioning at both ends, with highly speculative micro-cap names drawing heavy bearish bets, while a separate group of lesser-followed stocks sees minimal short activity. High short interest can signal bearish sentiment toward a company, but it can also raise the potential for short squeezes if positive catalysts drive share prices higher. In contrast, stocks with very low short interest typically reflect limited bearish positioning or lower trading activity, suggesting investors see fewer near-term downside risks. Here’s a list of the most shorted small-to-mid-cap stocks: 3 E Network Technology Group ( MASK ): 81.19% RenX Enterprises ( RENX ): 68.48% Sensei Biotherapeutics ( SNSE ): 56.57% Paranovus Entertainment Technology ( PAVS ): 55.23% Kaixin Holdings ( KXIN ): 53.24% Agape ATP ( ATPC ): 46.29% Innovation Beverage Group ( IBG ): 45.82% Sky Quarry ( SKYQ ): 45.70% Xilio Therapeutics ( XLO ): 38.59% KalVista Pharmaceuticals ( KALV ): 37.93% Least shorted small-to-mid-cap tech stocks (0.50% and above): Reading International ( RDIB ): 0.50% Virginia National Bankshares ( VABK ): 0.50% Euroseas ( ESEA ): 0.50% DoubleLine Opportunistic Credit Fund ( DBL ): 0.50% ACCESS Newswire ( ACCS ): 0.51% InTest ( INTT ): 0.51% DSS ( DSS ): 0.51% International General Insurance ( IGIC ): 0.51% Harte Hanks ( HHS ): 0.51% Ultralife ( ULBI ): 0.51% Here’s a list of small- and mid-cap ETFs: iShares Core S&P Small-Cap ETF ( IJR ), Vanguard Small-Cap ETF ( VB ), iShares Russell 2000 ETF ( IWM ), Vanguard Mid-Cap ETF ( VO ), iShares Core S&P Mid-Cap ETF ( IJH ), and the SPDR S&P MidCap 400 ETF Trust ( MDY ). More on Vanguard Small-Cap Index Fund ETF Shares, Vanguard Mid-Cap Index Fund ETF, etc. Weekly Market Pulse: Same As It Ever Was? The First War Inflation Tests - Markets Weekly Outlook S&P 500: Prepare For Change (Technical Analysis) EPR Properties tops mid-cap ROE growth list, as market prepares to ...
8vFanI/iStock via Getty Images Barings BDC ( BBDC ) said its private credit fund limited redemptions after a surge in repurchase requests, consistent with broader trends. Barings Private Credit Corporation received repurchase requests equal to 11.3% of common shares outstanding as of December 31, 2025. The fund has accepted for repurchase 5% of the outstanding shares for the first quarter. BBDC sa...
8vFanI/iStock via Getty Images Barings BDC ( BBDC ) said its private credit fund limited redemptions after a surge in repurchase requests, consistent with broader trends. Barings Private Credit Corporation received repurchase requests equal to 11.3% of common shares outstanding as of December 31, 2025. The fund has accepted for repurchase 5% of the outstanding shares for the first quarter. BBDC said it has accepted for purchase on a pro rata basis ~44.3% of the shares validly tendered and not properly withdrawn before the expiration of the offer. More on Barings BDC Barings BDC: Surviving But No Catalyst To Thrive Yet Barings BDC: Dividend Risk Fully Priced In Barings BDC Inc (BBDC) Q4 2025 Earnings Call Transcript Barings BDC signals potential dividend decrease in 2026 amid declining base rates and robust portfolio rotation Seeking Alpha’s Quant Rating on Barings BDC
Nicolae Popescu/iStock via Getty Images I last covered Alphabet ( GOOGL ) in my article "5 Reasons Google's Growth Phase Isn't Over," in which I did not favor a position in Alphabet at the time in spite of Alphabet's relentless revenue growth. Seasonality simply didn't behoove a position at the time. That was early 2022. Yet my overall long-term thesis on the business itself - that Google's growth...
Nicolae Popescu/iStock via Getty Images I last covered Alphabet ( GOOGL ) in my article "5 Reasons Google's Growth Phase Isn't Over," in which I did not favor a position in Alphabet at the time in spite of Alphabet's relentless revenue growth. Seasonality simply didn't behoove a position at the time. That was early 2022. Yet my overall long-term thesis on the business itself - that Google's growth engine had more runway than the market was pricing in - has played out in spades. Revenue has roughly doubled since then. Today, the setup is different: I'm seeing a technical entry point I like on top of a fundamental story that's only gotten stronger. Let me walk you through it. The market is handing you Alphabet at a 10% discount from its February high, and the chart is practically begging you to buy. GOOGL has pulled back from $349 to under $300 (at the time of writing) on a perfect sharknado of capex anxiety, Middle East geopolitics, and the type of vague AI-spend anxiety that makes for good headlines but poor objective analysis. Let me show you why I think this is one of the better risk/reward setups in mega-cap tech right now. The Gaps Tell the Story I've been trading gaps for nearly two decades, and the GOOGL chart right now has two down gaps that caught my attention. This is a textbook "pro gap into amateur gap," which is basically pros selling early and fast, while amateurs follow suit, leaving to the stock in an oversold state that is destined (as much as a stock chart pattern can be destined) to resolve itself. In other words, the second gap is almost always an overreaction and fills, giving us a price target of $289.24 at minimum. Commonly, the first gap fills too, giving us an ideal price target of $300.93, which is what I'm personally targeting with my trade. I'd like to note that the fundamentals support a bullish trade: the company beat on every metric that matters: - Revenue of $113.8 billion (up 18%) - EPS of $2.82 (up 31%) - Cloud revenue of $17.7 billi...