On Monday, Ark Invest, led by Cathie Wood, made significant trades, notably acquiring shares of CoreWeave Inc. This purchase aligns with Ark’s strategy of investing in innovative technology companies. CoreWeave, a cloud platform built on NVIDIA’s infrastructure, has been a focal point for investors, especially after NVIDIA’s substantial investment in the company earlier this year. The CoreWeave Tr...
On Monday, Ark Invest, led by Cathie Wood, made significant trades, notably acquiring shares of CoreWeave Inc. This purchase aligns with Ark’s strategy of investing in innovative technology companies. CoreWeave, a cloud platform built on NVIDIA’s infrastructure, has been a focal point for investors, especially after NVIDIA’s substantial investment in the company earlier this year. The CoreWeave Trade Ark Invest’s flagship fund, ARK Innovation ETF, purchased 41,830 shares of CoreWeave on Monday.
The last heistmeister of ‘the largest burglary in English history’ oozes charisma as he tells his wild tale. Even his contempt for his accomplices is impressive It is a truth I feel should be universally acknowledged – that a headline-grabbing crime, which still has one of its charismatic perpetrators alive and willing to talk about it now on camera, must have a documentary dedicated to it. The la...
The last heistmeister of ‘the largest burglary in English history’ oozes charisma as he tells his wild tale. Even his contempt for his accomplices is impressive It is a truth I feel should be universally acknowledged – that a headline-grabbing crime, which still has one of its charismatic perpetrators alive and willing to talk about it now on camera, must have a documentary dedicated to it. The last one was the three-part miniseries The Diamond Heist , from Guy Ritchie’s production company, about the Millenium Dome Robbery (although the best line came not from the villains but from one of the laconic police officers responsible for trying to track down members of the gang as they put their plan together. They got a lead on one when he went back to the venue without his daughter. “No one goes to the Millenium Dome twice.” This is what I pay my taxes for.) Hatton Garden: The Great Diamond Heist is on Channel 4. Continue reading...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are American Century Investments’ Rich Weiss, CSIS Senior Adviser Michael Ratney, Novo Nordisk’s Jamey Millar, Former Boston Fed President Eric Rosengren, Coinshares CEO Jean-Marie Mognetti, Franklin Templeton Investment Solutions...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are American Century Investments’ Rich Weiss, CSIS Senior Adviser Michael Ratney, Novo Nordisk’s Jamey Millar, Former Boston Fed President Eric Rosengren, Coinshares CEO Jean-Marie Mognetti, Franklin Templeton Investment Solutions’ Berkeley Belknap, Academy Securities’ Peter Tchir, National Center for Energy Analytics’ Neil Atkinson, Lockheed Martin Space President Robert Lightfoot, & Harbourvest Partners CEO John Toomey. (Source: Bloomberg)
Pentagon Prepares A-10 Warthog Surge As Mideast Fleet Set To Double The Department of War is preparing to double its fleet of Fairchild Republic A-10 Thunderbolt IIs, better known in the aviation community as "Warthogs," in the Middle East in the very near term, The New York Times reported Wednesday. The surge of additional Warthogs, as many as 18, on top of the roughly dozen A-10s already operati...
Pentagon Prepares A-10 Warthog Surge As Mideast Fleet Set To Double The Department of War is preparing to double its fleet of Fairchild Republic A-10 Thunderbolt IIs, better known in the aviation community as "Warthogs," in the Middle East in the very near term, The New York Times reported Wednesday. The surge of additional Warthogs, as many as 18, on top of the roughly dozen A-10s already operating in the region, has already been used to sink Iranian boats in the Hormuz chokepoint and strike Iran-backed militias in Iraq, according to the NYT, citing DoW officials. The expanded fleet suggests a broader aviation campaign in and around Hormuz and could even play a critical role in supporting a potential seizure of Kharg Island, Iran's main oil hub in the northern Persian Gulf. U.S. military sustainers are on top of their game. pic.twitter.com/EK9eqF4fc8 — U.S. Central Command (@CENTCOM) March 20, 2026 As of early 2026, the US Air Force had 162 A-10s remaining in its inventory. Air & Space Forces Magazine reported the service had 219 A-10s as of late 2024, then cut 57 aircraft in fiscal 2025, leaving 162 going into fiscal 2026. The surge in A-10s suggests that as many as 30 could soon be operating in the Gulf region, representing about 18.5% of the USAF's fleet. The A-10's most fearsome weapon is the 30mm GAU-8/A seven-barrel Gatling gun, which fires at an astonishing 3,900 rounds per minute. Typical A-10 armament also includes: AGM-65 Maverick missiles Laser- and GPS-guided bombs Mk-82 500-lb and Mk-84 2,000-lb bombs Unguided and laser-guided 2.75-inch rockets AIM-9 Sidewinder missiles Chaff, flares, and jammer pods for self-protection The NYT cited flight-tracking data indicating that US-based A-10s heading to the region have been stopping at Royal Air Force Lakenheath, a base in England, before continuing on to the Gulf region. #BREAKING 12 US A-10C Thunderbolt II ‘Warthogs’ just landed at RAF Lakenheath in the UK en route to the Middle East for Operation Epic Fury....
Asian equities were primed for early gains Thursday after US stocks climbed and oil prices fell in a sign of rising optimism the Iran war may be nearing a conclusion. Equity index futures for Japan, Hong Kong, Australia and South Korea all traded higher, setting the scene for a strong day of gains across the region. The S&P 500 rose 0.7% Wednesday and the Nasdaq 100 advanced 1.2%, lifting both ben...
Asian equities were primed for early gains Thursday after US stocks climbed and oil prices fell in a sign of rising optimism the Iran war may be nearing a conclusion. Equity index futures for Japan, Hong Kong, Australia and South Korea all traded higher, setting the scene for a strong day of gains across the region. The S&P 500 rose 0.7% Wednesday and the Nasdaq 100 advanced 1.2%, lifting both benchmarks to their highest levels this week. West Texas Intermediate crude fell over 1% in early Asian trading ahead of a US prime-time address by President Donald Trump. An index of the dollar dropped 0.2%, while gold rallied 1.9%. Treasuries registered a lumpy session with the 10-year ending Wednesday little changed, its 30-year equivalent rallying and the two-year edging lower following solid data on the US labor market and retail sales . The broadly risk-on moves reflected easing concerns over a prolonged Middle East conflict, alongside growing confidence that Trump may soon scale back US military action against Iran. “The sharp rally in stocks over the past 24 hours demonstrates how a resolution to the conflict, or hopes thereof, may quickly drive markets higher,” said Ulrike Hoffmann-Burchardi at UBS Global Wealth Management. “We continue to believe global stock markets will end the year higher than they are today.” Trump is set to deliver his address at 9 p.m. Washington time, which will be 9 a.m. in Hong Kong. The US leader is expected to hail the military campaign in Iran as a success and stress that the conclusion of operations may come within that time frame, according to a White House official. Trump said on Wednesday that Iran has asked for a ceasefire, adding that the US would only consider it if the Strait of Hormuz was reopened. Iran’s foreign ministry said the claim of a ceasefire request was “false and baseless,” according to state TV. The latest back-and-forth follows separate comments from Trump on Tuesday when the president said he foresaw the US ending t...
Gold held a four-day gain as President Donald Trump appeared to set the stage for the US to end the war in Iran. Bullion was little changed near $4,760 an ounce in early trading, having advanced nearly 2% in the previous session. Trump is scheduled to deliver a rare primetime address at 9 p.m. Eastern time on Wednesday, after more than five weeks of conflict. He is expected to reiterate a two- to ...
Gold held a four-day gain as President Donald Trump appeared to set the stage for the US to end the war in Iran. Bullion was little changed near $4,760 an ounce in early trading, having advanced nearly 2% in the previous session. Trump is scheduled to deliver a rare primetime address at 9 p.m. Eastern time on Wednesday, after more than five weeks of conflict. He is expected to reiterate a two- to three-week timeline for concluding the military operation, according to a White House official. Read More: Trump Seeks War Off-Ramp, Floats More Attacks to Press Iran The Middle East war has upended global markets and choked supplies of energy and other goods. Traders are now betting that the Federal Reserve may need to cut interest rates to shore up a possible economic downturn, which would be a tailwind for non-yielding precious metals. Though gold has rebounded in the past few days, a near-12% decline in March was the metal’s worst monthly performance since October 2008. Inflationary risks stemming from high oil prices had earlier reduced the prospect of lower borrowing costs, outweighing bullion’s traditional appeal as a haven. Spot gold edged up 0.1% to $4,762.25 an ounce at 6:17 a.m. Singapore time. Silver slipped 0.2% to $74.95. Platinum and palladium were little changed. The Bloomberg Dollar Spot Index , a gauge of the US currency, ended the previous session 0.2% lower.
Getty Images Introduction The first time I covered Urban Outfitters ( URBN ), I called them “A Debt-Free Retailer With Growing Brands And Improving Fundamentals,” highlighting their excellent financials and significant potential to expand in the long-term while navigating near-term macro pressure quite well. After an overall solid year where the company continued their expansion despite macro head...
Getty Images Introduction The first time I covered Urban Outfitters ( URBN ), I called them “A Debt-Free Retailer With Growing Brands And Improving Fundamentals,” highlighting their excellent financials and significant potential to expand in the long-term while navigating near-term macro pressure quite well. After an overall solid year where the company continued their expansion despite macro headwinds, URBN remains a Buy, being backed by very solid fundamentals, with zero debt and strong brands that can continue their long-term expansion thanks especially to Nuuly, while CAPEX is expected to ramp up even more now thanks to significant investments. Expansion Continues, Foundation Still Spotless Urban Outfitters IR Despite record holiday sales , URBN missed the market’s EPS expectations while beating on revenue , with significant growth in nearly everything, posting strong growth in most segments of the business while their Nuuly subscription segment grew at a very strong 43% during the quarter, with gross profit improving to a record $599 million during Q4 despite macro weakness and tariff pressure. Urban Outfitters IR URBN’s free cash flow reached a solid $315 million in FY26 (almost identical to the $320 million seen in FY25) despite a significant increase in CAPEX, which is not bad for a ~$5.47 billion market cap given their aggressive expansion, tariff impacts, and overall weak macro environment, potentially being significantly better in case of a better environment. For FY27, URBN expects to grow their number of stores to 836 (opening 57, closing 14), while CAPEX is expected to jump a lot, planning to spend approximately $385 million, with ~40% going into retail store expansion and support, ~40% into their investments in logistics, and ~20% into technology investments and home office expansion. Note that their guidance is before the latest tariff announcements, expecting high single-digit growth in total company sales, with mid-single-digit retail segment comps...
Wednesday was a good day for American stocks generally, but it was even sunnier for Eli Lilly (NYSE: LLY) . The pharmaceutical giant won regulatory approval for a product that's bound to be very popular, and investors rewarded the company by pushing its stock nearly 4% higher on the day. That crushed the S&P 500 index's 0.7% gain. Before market open, Eli Lilly announced that the U.S. Food and Drug...
Wednesday was a good day for American stocks generally, but it was even sunnier for Eli Lilly (NYSE: LLY) . The pharmaceutical giant won regulatory approval for a product that's bound to be very popular, and investors rewarded the company by pushing its stock nearly 4% higher on the day. That crushed the S&P 500 index's 0.7% gain. Before market open, Eli Lilly announced that the U.S. Food and Drug Administration (FDA) approved its Foundayo weight-loss product. What makes this groundbreaking for the company is that Foundayo is a daily pill. The pharmaceutical titan's first approved weight-loss drug, the popular Zepbound, is delivered by injection once per week. The two also use different molecules to do their work. Image source: Getty Images. Continue reading
Arsenal lose the second leg of their quarter-final against Chelsea 1-0 at Stamford Bridge, but win 3-2 on aggregate to reach the semi-finals of the Women's Champions League and move a step closer to successfully defending their title.
Arsenal lose the second leg of their quarter-final against Chelsea 1-0 at Stamford Bridge, but win 3-2 on aggregate to reach the semi-finals of the Women's Champions League and move a step closer to successfully defending their title.
Jon Tetzlaff Boeing ( BA ) won a contract worth up to $900M to support and maintain T-38C avionics, boosting long-term revenue visibility. Work will be carried out across multiple U.S. Air Force bases and is expected to be completed by March 31, 2036. About $56.2M in FY2026 funds will be obligated at the time of award, with the Air Force Life Cycle Management Center being the contracting authority...
Jon Tetzlaff Boeing ( BA ) won a contract worth up to $900M to support and maintain T-38C avionics, boosting long-term revenue visibility. Work will be carried out across multiple U.S. Air Force bases and is expected to be completed by March 31, 2036. About $56.2M in FY2026 funds will be obligated at the time of award, with the Air Force Life Cycle Management Center being the contracting authority. More on Boeing Boeing Vs. Airbus: The Iran War Shock And The Production Reality Boeing: The Triple Blow Boeing: Ignore Fuel Price Spikes For This Decade Play Boeing supply chain shows signs of stabilization as 737 output trails target: BNP Paribas Pentagon expands missile supply chain with plan to triple Patriot seeker output