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 $135 billion, and similarly strong announcements from the likes of Microsoft ( MSFT ), Alphabet ( GOOGL ), and Oracle ( ORCL ). Additionally, consumer confidence and retail sales data seemed healthy heading into February, leading to subdued volatility. However, as the calendar turned from January to February, the first major shock hit as reports of advanced AI tools potentially disrupting the cybersecurity and software spaces fed what was broadly termed as the "SaaS-pocalypse." This is the fear that AI would not only challenge but ultimately disrupt and even displace significant portions of the software industry, causing the sector to plunge, with even sector stalwarts like MSFT, Adobe ( ADBE ), and CrowdStrike ( CRWD ) getting hit hard, while more broadly diversified software names like Roper Technologies ( ROP ) also did not escape. Even AI darlings like Palantir ( PLTR ) were not immune to these headwinds, and software lenders like Hercules Capital ( HTGC ) got hit hard over concerns that software loans themselves might even be impaired, beyond just...
(Bloomberg) -- President Donald Trump is preparing to release a fiscal year 2027 budget plan on Friday that will frame his party’s midterm election message around a massive defense buildup, partially paid for by cuts to domestic agencies.A governing vision that directs tax dollars to the Pentagon amid an unpopular Iran war represents a political risk for the White House, especially against a backd...
(Bloomberg) -- President Donald Trump is preparing to release a fiscal year 2027 budget plan on Friday that will frame his party’s midterm election message around a massive defense buildup, partially paid for by cuts to domestic agencies.A governing vision that directs tax dollars to the Pentagon amid an unpopular Iran war represents a political risk for the White House, especially against a backdrop of spiking gasoline prices. Trump could also face resistance from within his own party over envi
The S&P 500 Index ($SPX ) (SPY ) today is down -1.13%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.53%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is down -1.13%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.53%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...
Amazon.com (NASDAQ: AMZN) is reportedly in talks to acquire Globalstar (NASDAQ: GSAT), Apple’s satellite connectivity partner, in a deal valued at roughly $9 billion. For Apple (NASDAQ: AAPL) investors, the implications deserve a close look. Apple’s Dependence on Globalstar Apple uses Globalstar for Emergency SOS via Satellite and satellite messaging features across its iPhone lineup. ... Apple In...
Amazon.com (NASDAQ: AMZN) is reportedly in talks to acquire Globalstar (NASDAQ: GSAT), Apple’s satellite connectivity partner, in a deal valued at roughly $9 billion. For Apple (NASDAQ: AAPL) investors, the implications deserve a close look. Apple’s Dependence on Globalstar Apple uses Globalstar for Emergency SOS via Satellite and satellite messaging features across its iPhone lineup. ... Apple Investors Face New Risk as Amazon Eyes Takeover of iPhone’s Satellite Partner
The Vanguard Consumer Staples ETF (NYSEMKT:VDC) and the Invesco Food & Beverage ETF (NYSEMKT:PBJ) both offer exposure to U.S. consumer staples companies, but their approaches and portfolios look quite different. This comparison explores each ETF’s fees, performance, risk, and holdings to help investors decide which may be a better fit for their goals. Beta measures price volatility relative to the...
The Vanguard Consumer Staples ETF (NYSEMKT:VDC) and the Invesco Food & Beverage ETF (NYSEMKT:PBJ) both offer exposure to U.S. consumer staples companies, but their approaches and portfolios look quite different. This comparison explores each ETF’s fees, performance, risk, and holdings to help investors decide which may be a better fit for their goals. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. VDC is significantly cheaper, with an expense ratio of 0.09%, compared to PBJ’s 0.61%. VDC also offers a higher dividend yield at 1.95%, while PBJ pays 1.61% -- a notable gap for income-focused investors. Continue reading
Artificial intelligence (AI) continues to be a driving force in the markets as the use cases for AI accelerate. Some of the newest ways people are using AI today are the agentic type, like having a large-language model (LLM) find the best flights or make a grocery order. As the opportunity evolves, it's expanding. According to Grand View Research, the AI market opportunity was $391 billion last ye...
Artificial intelligence (AI) continues to be a driving force in the markets as the use cases for AI accelerate. Some of the newest ways people are using AI today are the agentic type, like having a large-language model (LLM) find the best flights or make a grocery order. As the opportunity evolves, it's expanding. According to Grand View Research, the AI market opportunity was $391 billion last year, and it's expected to increase at a compound annual growth rate of 30.6%, reaching nearly $3.5 trillion by 2033. Large hyperscalers have been investing billions in their platforms to grab market share, and they all offer their own take on AI development. Amazon (NASDAQ: AMZN) , in its inimitable way, has been the flashiest hypserscaler, and it's planning to spend $200 billion in 2026. Continue reading
Looking at the universe of stocks we cover at Dividend Channel, on 4/6/26, Zedge Inc (Symbol: ZDGE) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 4/15/26. As a percentage of ZDGE's recent stock price of $2.87, this dividend works out to approximately 0
Looking at the universe of stocks we cover at Dividend Channel, on 4/6/26, Zedge Inc (Symbol: ZDGE) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 4/15/26. As a percentage of ZDGE's recent stock price of $2.87, this dividend works out to approximately 0
Looking at the universe of stocks we cover at Dividend Channel, on 4/6/26, Roper Technologies Inc (Symbol: ROP) will trade ex-dividend, for its quarterly dividend of $0.91, payable on 4/22/26. As a percentage of ROP's recent stock price of $356.24, this dividend works out to ap
Looking at the universe of stocks we cover at Dividend Channel, on 4/6/26, Roper Technologies Inc (Symbol: ROP) will trade ex-dividend, for its quarterly dividend of $0.91, payable on 4/22/26. As a percentage of ROP's recent stock price of $356.24, this dividend works out to ap