Bloomberg's Isabelle Lee and Athanasios Psarofagis, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." The Morgan Stanley Bitcoin Trust (ticker: MSBT) starts trading this Wednesday. (Source: Bloomberg)
Bloomberg's Isabelle Lee and Athanasios Psarofagis, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." The Morgan Stanley Bitcoin Trust (ticker: MSBT) starts trading this Wednesday. (Source: Bloomberg)
A satellite view of the Strait of Hormuz, a strategic waterway between Iran and Oman that links the Persian Gulf to the Arabian Sea. Gallo Images | Getty Images As the world's oil traders parsed satellite images and official statements for clues on the fate of the Strait of Hormuz, one research firm seems to have taken a different approach: It claims that it sent an analyst directly into the confl...
A satellite view of the Strait of Hormuz, a strategic waterway between Iran and Oman that links the Persian Gulf to the Arabian Sea. Gallo Images | Getty Images As the world's oil traders parsed satellite images and official statements for clues on the fate of the Strait of Hormuz, one research firm seems to have taken a different approach: It claims that it sent an analyst directly into the conflict zone. Citrini Research, which issued a market-shaking bearish call on artificial intelligence earlier this year, said it dispatched an analyst to Oman's Musandam Peninsula, where the person traveled by boat to observe shipping activity firsthand amid escalating tensions between Iran and the U.S. What the analyst claims to have found challenges the dominant narrative gripping global markets that the critical oil artery is effectively shut. Instead, the analyst, who remains anonymous due to the sensitivity of the activity, found that vessels are still moving through the strait, with traffic picking up in recent days to roughly 15 ships per day, according to the firm's report posted on Substack . While far below normal levels, the flow suggests the disruption is partial and evolving rather than absolute. "Tankers passing through four or five a day, completely dark on AIS. The volume, they said, is higher than what the data suggests, and it's been accelerating in the past couple days through the Qeshm channel," Citrini's post said. AIS is a ship-tracking system that broadcasts a vessel's location, speed, identity and route. Citrini asserts that the actual shipping volume is higher than reported data as many ships turn off their transponders and are not visible on official tracking systems. Citrini didn't immediately respond to CNBC's request for comments. Based on the Substack post, the analyst's interviews with fishermen, smugglers and regional officials point to a system in which Iran is selectively allowing ships to pass. Tankers are required to secure approval before tr...
Tesla (NASDAQ:TSLA) stock is down 3% in Monday’s session, sliding from $360.59 to $350 as a fresh wave of bearish catalysts converges on the EV giant. The move extends a painful stretch for shareholders who have watched the stock shed 19.82% year-to-date heading into today. The selling pressure isn’t coming from one direction. A Q1 ... Tesla Skids 3% Amid Delivery Shortfall Concerns, Execution Ris...
Tesla (NASDAQ:TSLA) stock is down 3% in Monday’s session, sliding from $360.59 to $350 as a fresh wave of bearish catalysts converges on the EV giant. The move extends a painful stretch for shareholders who have watched the stock shed 19.82% year-to-date heading into today. The selling pressure isn’t coming from one direction. A Q1 ... Tesla Skids 3% Amid Delivery Shortfall Concerns, Execution Risks, and JPMorgan’s Bearish Warning
Getty Images It's hard to claim the market underestimates Alphabet Inc. ( GOOG , GOOGL , GOOG:CA), aka Google, with the stock nearly doubling over the past year, significantly outperforming the S&P 500 Index ( SP500 ) and its peers. However, I'm going to claim exactly that. Analyst estimates and the recent 20% pullback tell me that the market is way off on Alphabet's "New" growth trajectory in the...
Getty Images It's hard to claim the market underestimates Alphabet Inc. ( GOOG , GOOGL , GOOG:CA), aka Google, with the stock nearly doubling over the past year, significantly outperforming the S&P 500 Index ( SP500 ) and its peers. However, I'm going to claim exactly that. Analyst estimates and the recent 20% pullback tell me that the market is way off on Alphabet's "New" growth trajectory in the post-Gemini 2.5 era. I argue there's a lot of meat left on the bone here and maintain Google as my largest position, with a Strong Buy rating. The Investment Thesis Over the past year, market sentiment towards Alphabet shifted sharply, from perhaps the most significant AI loser to one of the clearest AI winners. Data by YCharts I predicted that last year's second quarter was going to be the tipping point , as all the baseless bearish arguments were going to be met with reality - Google Search wasn't dying; in fact, it was accelerating. Today, the setup is quite different. Google is tagged as a clear AI winner, and there are good reasons for it. However, there's still significant underestimated upside in the Google stock, which is why I remain extremely bullish and maintain Alphabet as my largest position. The upside should come from three angles - Underestimated Growth Trajectory; Nearing FCF Inflection, and; Two Huge "Free" Options. Underestimated Growth Trajectory I expect Alphabet to deliver accelerating revenue growth over the next few years, at a minimum of 16%, while consensus forecasts a slowdown. Seeking Alpha. It's rare for analysts, mainly sell-side analysts who are the ones behind the consensus we're all relying on, to underwrite stable or accelerating revenue growth. Usually, they forecast the coming year and automatically assume a gradual deceleration in the following years. That's where thorough individual long-term investors should get their edge. Created by the author based on data from Alphabet reports. All up, I estimate Alphabet's non-cloud businesses' g...
FabrikaCr/iStock via Getty Images By Elior Manier Traders are slowly returning from a well-deserved Easter break, with volumes set to recover fully tomorrow. With the week starting at a softer pace, the US dollar is taking a step back to leave some space for other FX currencies, Bitcoin (reaching $70,000!), and equities after having worked overtime until today. Optimism had made a sharp return thr...
FabrikaCr/iStock via Getty Images By Elior Manier Traders are slowly returning from a well-deserved Easter break, with volumes set to recover fully tomorrow. With the week starting at a softer pace, the US dollar is taking a step back to leave some space for other FX currencies, Bitcoin (reaching $70,000!), and equities after having worked overtime until today. Optimism had made a sharp return throughout last week as traders began to price in a proper truce in Iran, but this isn't such a given, as Iran reportedly still believes it can leverage the US's precipitated demands for a deal to tilt the scales in its favor. Stocks across the globe are still way off their war troughs, with market sentiment tilting more towards a short operation than a catastrophic long war, as observed in Vietnam, Afghanistan, and Iraq – enough to limit a prolonged bear trend. The war itself is advancing at a remarkable pace, but the main element of turmoil across the region remains the Strait of Hormuz and its link to global oil prices. It has been easy for participants to ignore the pricing of imminent rate hikes in upcoming meetings of global central banks, but this reality could hit like a train if WTI and Brent remain above $100 for much longer. Tomorrow will be decisive in that aspect, as the US president announced throughout the weekend that Tuesday evening (8:00 PM ET) will be the deadline for a deal – And Iran just rejected the proposed 45-day ceasefire deal that would lead to a longer-lasting peace. The Islamic regime is still persistent in maintaining its threatening ballistic missile program, which has caused damage all around the Middle East since the commencement of the War. To get ready for this week, which looks to be a heavy one (US CPI on Friday!), let’s examine the intraday charts and trading levels for the major US indexes: the Dow Jones, Nasdaq, and S&P 500. Current Session's Stock Heatmap Current picture for the Stock Market (11:52 AM ET) – Source: TradingView – April 6...
watch now VIDEO 1:08 01:08 Artemis II crew set to swing around moon and begin trip home Squawk Box With the moon now filling their windows, the Artemis II astronauts set a record Monday as the farthest humans from Earth during a lunar flyby promising magnificent views of the far side never before witnessed. The six-hour flyby is the highlight of NASA's first return to the moon since the Apollo era...
watch now VIDEO 1:08 01:08 Artemis II crew set to swing around moon and begin trip home Squawk Box With the moon now filling their windows, the Artemis II astronauts set a record Monday as the farthest humans from Earth during a lunar flyby promising magnificent views of the far side never before witnessed. The six-hour flyby is the highlight of NASA's first return to the moon since the Apollo era with three Americans and one Canadian — a step toward landing boot prints near the moon's south pole in just two years. First came a prize — and bragging rights — for Artemis II. NASA Artemis II crew members Jeremy Hansen, Reid Wiseman, Christina Koch, and Victor Glover answer questions from reporters during the first downlink event of their mission April 2, 2026. NASA TV | Via Reuters Less than an hour before kicking off the fly-around and intense lunar observations, the four astronauts surpassed the distance record of 248,655 miles (400,171 kilometers) set by Apollo 13 in April 1970. They kept going, hurtling ever farther from Earth. Before it was all over, Mission Control expected Artemis II to beat the old record by more than 4,100 miles (6,600 kilometers). "It is blowing my mind what you can see with the naked eye from the moon right now. It is just unbelievable," Canadian astronaut Jeremy Hansen radioed ahead of the flyby. He challenged "this generation and the next to make sure this record is not long-lived." Moments after breaking Apollo 13's record, the astronauts asked permission to name two fresh lunar craters already observed. They proposed Integrity, their capsule's name, and Carroll in honor of commander Reid Wiseman's late wife who died of cancer in 2020. Wiseman wept as Hansen put in the request to Mission Control, and all four astronauts embraced in tears. "Such a majestic view out here," Wiseman radioed. The astronauts started the momentous day with the voice of Apollo 13 commander Jim Lovell, who recorded a wake-up message just two months before his deat...