Daniel Kebede tells delegates, government’s education policies fall short as he signals growing support for Greens’ among teachers The leader of the UK’s biggest education union has torn into the government’s record on schools, accusing Labour of letting down the nation’s children and failing to deliver on its promises for education. Daniel Kebede, general secretary of the National Education Union...
Daniel Kebede tells delegates, government’s education policies fall short as he signals growing support for Greens’ among teachers The leader of the UK’s biggest education union has torn into the government’s record on schools, accusing Labour of letting down the nation’s children and failing to deliver on its promises for education. Daniel Kebede, general secretary of the National Education Union, was unsparing in his criticism of education secretary Bridget Phillipson’s policies in a speech to delegates at the NEU’s annual conference in Brighton on Thursday. Continue reading...
Akamai Technologies ( AKAM ) was downgraded to Neutral from Outperform at Baird on Thursday, as the investment firm said the risk-reward in the stock has become “more balanced.” “AKAM has outperformed significantly YTD (+33% vs. S&P 500 -4%, IGV -25%), rallying 71% above 52-week lows (recently made 52-week highs), driven by optimism around compute upside and AI/agentic traffic tailwinds,” analyst ...
Akamai Technologies ( AKAM ) was downgraded to Neutral from Outperform at Baird on Thursday, as the investment firm said the risk-reward in the stock has become “more balanced.” “AKAM has outperformed significantly YTD (+33% vs. S&P 500 -4%, IGV -25%), rallying 71% above 52-week lows (recently made 52-week highs), driven by optimism around compute upside and AI/agentic traffic tailwinds,” analyst William Power wrote in a note to clients. “While those could provide long-term tailwinds, we don't expect significant near- term agentic uplift. In addition, seasonal factors could limit Q1 upside (in constant-currency), particularly for its key CIS segment. While positive on the long-term CIS opportunity, we now view risk/reward as more balanced at 17.4x EPS and 23x FCF.” Looking deeper, Power, who has a $110 price target on Akamai, added that any benefit from agentic artificial intelligence is likely to be “modest,” at best. “Simply put, we are skeptical that text-based AI activity most prevalent today is traffic-intensive enough to significantly move the needle on AKAM's Delivery business,” Power added. “We think tailwinds could be more meaningful longer-term, as the proliferation of agents takes hold, or audio/video-based AI activity becomes more prevalent.” More on Akamai Akamai Technologies, Inc. (AKAM) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Akamai Technologies, Inc. (AKAM) Presents at 47th Annual Raymond James Institutional Investor Conference Transcript Akamai Technologies, Inc. (AKAM) Q4 2025 Earnings Call Transcript Akamai gets data communications contract from Montana Akamai in focus as Raymond James ups price target
In early trading on Thursday, shares of APA topped the list of the day's best performing components of the S&P 500 index, trading up 6.0%. Year to date, APA registers a 79.2% gain. And the worst performing S&P 500 component thus far on the day is Micron Technology, tra
In early trading on Thursday, shares of APA topped the list of the day's best performing components of the S&P 500 index, trading up 6.0%. Year to date, APA registers a 79.2% gain. And the worst performing S&P 500 component thus far on the day is Micron Technology, tra
The crude terminal at Russia’s Baltic port of Ust-Luga appears undamaged in satellite images after multiple Ukrainian drone attacks in the region. An April 1 image of the terminal, which is owned by oil-pipeline operator Transneft PJSC , looks identical to images taken before the recent attacks, according to a Bloomberg analysis of images from Planet Labs PBC. Meanwhile, energy facilities nearby —...
The crude terminal at Russia’s Baltic port of Ust-Luga appears undamaged in satellite images after multiple Ukrainian drone attacks in the region. An April 1 image of the terminal, which is owned by oil-pipeline operator Transneft PJSC , looks identical to images taken before the recent attacks, according to a Bloomberg analysis of images from Planet Labs PBC. Meanwhile, energy facilities nearby — Novatek PJSC ’s gas-processing complex and the Ust-Luga Oil fuel terminal - show traces of fires after being hit by drones. To be sure, the resolution of the images isn’t fine enough to capture any potential damage to pipelines connecting Transneft’s storage tanks with the Ust-Luga loading berths. Oil loadings at Ust-Luga, a key oil-export outlet in Russia’s west, stopped last week as Ukraine repeatedly attacked its foe’s energy infrastructure on the Baltic Sea coast. The strikes affected operations at sea ports, which account for some 45% of Russia’s seaborne crude exports, and a major export-oriented refinery , and undermined the Kremlin’s ability to benefit from higher crude prices amid the war in Iran. Read More: Commodity Windfalls Are Rolling Into Russia From War in Iran At the moment, several tankers that are scheduled to take crude from the Transneft terminal have gathered in the Baltic Sea, waiting for resumption of loading operations, according to ship-tracking data on the Bloomberg terminal. Transneft didn’t immediately respond to a request for a comment. Ukraine continues its relentless attacks on Russia’s oil infrastructure, with the governor of the coastal Leningrad region announcing drone alerts for the Ust-Luga area earlier on Thursday.
Cotton price action is down 40 to 61 points on Thursday morning. Futures rallied from early weakness on Wednesday to close with gains of 15 to 81 points. The US dollar index was $0.354 lower at $99.405. Crude Oil shot $9.50 higher in overnight trade, following President Trump’s address the...
Cotton price action is down 40 to 61 points on Thursday morning. Futures rallied from early weakness on Wednesday to close with gains of 15 to 81 points. The US dollar index was $0.354 lower at $99.405. Crude Oil shot $9.50 higher in overnight trade, following President Trump’s address the...
Wheat is trading with 5 to 9 cent gains across the three markets on Thursday AM. The wheat complex was under pressure on Wednesday, as money was coming off the table. Chicago SRW futures fell back 9 ½ to 18 3/4 cents on the session. Open interest was up 6,719...
Wheat is trading with 5 to 9 cent gains across the three markets on Thursday AM. The wheat complex was under pressure on Wednesday, as money was coming off the table. Chicago SRW futures fell back 9 ½ to 18 3/4 cents on the session. Open interest was up 6,719...
Wells Fargo trimmed its price target on Meta Platforms (NASDAQ:META) to $765 from $856 while maintaining an Overweight rating ahead of quarterly results. The cut acknowledges near-term macro uncertainty, but the firm’s core thesis remains intact: risk/reward looks attractive for investors willing to hold through the noise heading into earnings. So far this year, shares ... Meta Platforms Price Tar...
Wells Fargo trimmed its price target on Meta Platforms (NASDAQ:META) to $765 from $856 while maintaining an Overweight rating ahead of quarterly results. The cut acknowledges near-term macro uncertainty, but the firm’s core thesis remains intact: risk/reward looks attractive for investors willing to hold through the noise heading into earnings. So far this year, shares ... Meta Platforms Price Target Trimmed by Wells Fargo
Elen11/iStock via Getty Images The first quarter of 2026 was one of the most headline-whiplash quarters investors have experienced in years, with numerous forces driving market rotations, including: SaaS-pocalypse fears Mega-cap tech CapEx announcements for AI Private credit concerns Uncertainty about where inflation and interest rates are headed And, most recently, the Iran war These factors have...
Elen11/iStock via Getty Images The first quarter of 2026 was one of the most headline-whiplash quarters investors have experienced in years, with numerous forces driving market rotations, including: SaaS-pocalypse fears Mega-cap tech CapEx announcements for AI Private credit concerns Uncertainty about where inflation and interest rates are headed And, most recently, the Iran war These factors have all aligned to set the market up for significant rotation, with three sectors in particular positioned to rebound sharply. In this article, I will take a deeper look at that macro environment for the past three months, as well as why I think a major market shift may be ahead. AI Euphoria Meets a Rude Awakening The S&P 500 ( SPY ) opened the year hovering near all-time highs and indeed hit an all-time high in January, due to strong AI CapEx announcements, such as Amazon's ( AMZN ) $200 billion, Meta's ( META ) $115 billion to $135 billion, and similarly strong announcements from the likes of Microsoft ( MSFT ), Alphabet ( GOOGL ), and Oracle ( ORCL ). Additionally, consumer confidence and retail sales data seemed healthy heading into February, leading to subdued volatility. However, as the calendar turned from January to February, the first major shock hit as reports of advanced AI tools potentially disrupting the cybersecurity and software spaces fed what was broadly termed as the "SaaS-pocalypse." This is the fear that AI would not only challenge but ultimately disrupt and even displace significant portions of the software industry, causing the sector to plunge, with even sector stalwarts like MSFT, Adobe ( ADBE ), and CrowdStrike ( CRWD ) getting hit hard, while more broadly diversified software names like Roper Technologies ( ROP ) also did not escape. Even AI darlings like Palantir ( PLTR ) were not immune to these headwinds, and software lenders like Hercules Capital ( HTGC ) got hit hard over concerns that software loans themselves might even be impaired, beyond just...