Joa_Souza/iStock Unreleased via Getty Images Brazil's ANP oil regulator said it has launched an inspection into Petrobras' ( PBR ) auctions of liquefied petroleum gas on suspicions of price gouging, Reuters reported late Thursday. Brazil's President Luiz Inacio Lula da Silva had said earlier in the day that he would seek to annul an auction at which the state-run oil company sold LPG...
Joa_Souza/iStock Unreleased via Getty Images Brazil's ANP oil regulator said it has launched an inspection into Petrobras' ( PBR ) auctions of liquefied petroleum gas on suspicions of price gouging, Reuters reported late Thursday. Brazil's President Luiz Inacio Lula da Silva had said earlier in the day that he would seek to annul an auction at which the state-run oil company sold LPG at prices he said were too high because of the Middle East war. Lula had said that Petrobras ( PBR ) staff conducted the auction without management's knowledge, and that there was a guidance to not raise LPG prices to consumers. While Petrobras ( PBR ) is a major LPG and diesel producer, Brazil still relies on imports, making it vulnerable to international price fluctuations. Lula's government has announced a series of measures to lower prices for consumers, including a tax on oil exports, since the Middle East war began on February 28. More on Petrobras Petrobras: Compelling Valuation At Current Price Level Hard Assets Weekly: The Signal That Precedes Falls In Hard Assets Appeared In Oil Petrobras: Direct Proxy To Brent, But With Additional Variables (Rating Upgrade)
Industrial robots manufacture components for new-energy vehicles in Jinhua, Zhejiang province, on April 1, 2026. Photo: VCG The world is enduring one of the most severe energy supply shocks in decades. Following the escalation of the Iranian conflict and the total closure of the Strait of Hormuz on Feb. 27, global energy benchmarks have skyrocketed. East Asian liquefied natural gas, or LNG, prices...
Industrial robots manufacture components for new-energy vehicles in Jinhua, Zhejiang province, on April 1, 2026. Photo: VCG The world is enduring one of the most severe energy supply shocks in decades. Following the escalation of the Iranian conflict and the total closure of the Strait of Hormuz on Feb. 27, global energy benchmarks have skyrocketed. East Asian liquefied natural gas, or LNG, prices have surged 87.7%, European LNG is up 58.7%, and Brent crude has climbed 79.3%.
Opus Genetics ( IRD ) on Monday said that it has entered a financing agreement with Oberland Capital Management that provides up to $155 million in non-dilutive funding, including an initial $35 million tranche and a $5 million equity investment. The clinical-stage gene therapy company said the funding will support development, manufacturing, and potential commercialization of its pipeline for inh...
Opus Genetics ( IRD ) on Monday said that it has entered a financing agreement with Oberland Capital Management that provides up to $155 million in non-dilutive funding, including an initial $35 million tranche and a $5 million equity investment. The clinical-stage gene therapy company said the funding will support development, manufacturing, and potential commercialization of its pipeline for inherited retinal diseases, with additional tranches available based on timing and milestones. Opus said its current cash position of about $100 million, combined with the financing, is expected to extend its cash runway into 2029 and fund key programs, including pivotal studies for OPGx-LCA5 and OPGx-BEST1, as well as advancement of earlier-stage candidates into clinical trials. IRD +1.12% premarket to $4.6013. Source: Press Release More on Opus Genetics Opus Genetics: Asymmetric Upside With LCA5 And BEST1 Opus Genetics, Inc. (IRD) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Opus Genetics GAAP EPS of -$0.80, revenue of $14.2M Viatris, Opus gain as FDA to review label expansion for eyecare drug Seeking Alpha’s Quant Rating on Opus Genetics
(RTTNews) - Legence Corp. (LGN) said selling stockholders affiliated with Blackstone Inc. (BX) intend to offer and sell 11 million shares of its Class A common stock in a secondary underwritten public offering.
(RTTNews) - Legence Corp. (LGN) said selling stockholders affiliated with Blackstone Inc. (BX) intend to offer and sell 11 million shares of its Class A common stock in a secondary underwritten public offering.
(RTTNews) - Shares of and ST HD Co., Ltd. (ACOLF, 2685.T) were down around 5 percent on the Tokyo Stock Exchange after the fashion company on Monday reported lower net profit in fiscal 2026 due to extraordinary losses, despite higher sales. Looking ahead for fiscal 2027, the comp
(RTTNews) - Shares of and ST HD Co., Ltd. (ACOLF, 2685.T) were down around 5 percent on the Tokyo Stock Exchange after the fashion company on Monday reported lower net profit in fiscal 2026 due to extraordinary losses, despite higher sales. Looking ahead for fiscal 2027, the comp
Check out the companies making the biggest moves premarket: Netflix — The streaming platform climbed 1.5% after a Goldman Sachs upgrade to buy from neutral. The bank said it sees Netflix as continuing to be the leader in content acquisition and development, and a high chance for multiyear capital return back to shareholders. Soleno Therapeutics — Shares surged nearly 40% after Neurocrine Bioscienc...
Check out the companies making the biggest moves premarket: Netflix — The streaming platform climbed 1.5% after a Goldman Sachs upgrade to buy from neutral. The bank said it sees Netflix as continuing to be the leader in content acquisition and development, and a high chance for multiyear capital return back to shareholders. Soleno Therapeutics — Shares surged nearly 40% after Neurocrine Biosciences announced an agreement to acquire the company for $53 per share in cash, valuing the deal at around $2.9 billion. Neurocrine said Soleno will help expand its medicine portfolio and strengthen its position as a leader in endocrinology and rare disease. Twilio — Shares rose more than 3% after an upgrade by Jefferies to buy from hold, saying Twilio will be critical in the development and production of voice artificial intelligence. Mara , Strategy , Coinbase — Bitcoin prices were up more than 1% above $69,000 in Monday trading, bringing names with exposure to the cryptocurrency up with it. Digital asset and crypto mining company Mara was up more than 2%, while bitcoin treasury company Strategy jumped nearly 4%. Trading platform Coinbase also rose more than 3%. Oil stocks — Western Texas Intermediate crude futures slipped slightly on Monday on the latest developments in the U.S.-Iran war. Halliburton , EOG Resources , Diamondback Energy and ConocoPhillips all fell 1% in response. Carvana — Shares tumbled nearly 2% after the stock was downgraded by Bank of America to neutral from buy. With higher energy prices expected to hurt an already struggling lower- and middle-income consumer, and the risk of interest rates no longer falling, the bank sees a weaker-than-expected macro backdrop for Carvana in 2026. Dow , LyondellBasell Industries — Downgrades by Bank of America to underperform from neutral on both companies sent their stocks lower. The bank said the chemical companies had experienced too strong performances year to date from unsustainable tailwinds due to the war in Iran...
Marina113/iStock Editorial via Getty Images Mazda Motor ( MZDAY ) announced that it will suspend production of vehicles destined for the Middle East until May due to the effective closure of the Strait of Hormuz. Vehicle production will be redirected to vehicles bound for the U.S. and Europe until at least May. For June and beyond, Mazda ( MZDAY ) plans to make flexible decisions while closely mon...
Marina113/iStock Editorial via Getty Images Mazda Motor ( MZDAY ) announced that it will suspend production of vehicles destined for the Middle East until May due to the effective closure of the Strait of Hormuz. Vehicle production will be redirected to vehicles bound for the U.S. and Europe until at least May. For June and beyond, Mazda ( MZDAY ) plans to make flexible decisions while closely monitoring developments. The Japanese automaker had been exporting its flagship CX-5 SUV and other models from Japan to sell in the Middle East. Mazda plans to maintain overall production levels by increasing output of CX-5s and other models for Western markets. Mazda's ( MZDAY ) global sales were down 9.6% after the first two months of the year, even before the disruption in the Middle East. The latest on the Middle East is that President Donald Trump has given Iran until 8 p.m. Eastern time Tuesday to reopen the Strait of Hormuz, warning that failure to comply could trigger U.S. attacks on key infrastructure across the country. The U.S., Iran, and regional mediators are negotiating a potential 45-day ceasefire that could pave the way for ending the war, Axios reported. More on Mazda Motor Corporation Mazda: War Risk Just Killed The Bull Case (Rating Downgrade) Mazda reports February sales of 33,497 vehicles Historical earnings data for Mazda Motor Corporation Dividend scorecard for Mazda Motor Corporation Financial information for Mazda Motor Corporation
US equity-index futures are mixed as traders weigh the latest developments in the war in the Middle East. Contracts on the S&P 500 Index are up 0.1% at 7:40 a.m. in New York. Dow Jones Industrial Average futures fall 0.1% Nasdaq 100 futures climb 0.4% The MSCI World Index is little changed Here are some of the biggest US movers before the bell: Magnificent Seven stocks: Tesla (TSLA) +1%, Meta Plat...
US equity-index futures are mixed as traders weigh the latest developments in the war in the Middle East. Contracts on the S&P 500 Index are up 0.1% at 7:40 a.m. in New York. Dow Jones Industrial Average futures fall 0.1% Nasdaq 100 futures climb 0.4% The MSCI World Index is little changed Here are some of the biggest US movers before the bell: Magnificent Seven stocks: Tesla (TSLA) +1%, Meta Platforms (META) +0.9%, Microsoft (MSFT) +0.4%, Alphabet (GOOGL) +0.4%, Amazon (AMZN) +0.2%, Nvidia (NVDA) +0.2%, Apple (AAPL) little changed Chemical firms Dow (DOW) and LyondellBasell (LYB) are lower as oil prices pull back and BofA downgrades the stocks as it sees the market tailwinds from the Iran war as unsustainable. Boot Barn (BOOT) gains 2.1% as Jefferies raised its recommendation on the apparel company to buy from hold as recent selloff presents an attractive re-entry point on the stock. Carvana (CVNA) falls 2.2% as BofA Global Research downgrades the online used-car retailer to neutral from buy citing recent macro and industry developments. Rocket Cos. (RKT) advances 1.6% after Barclays raised their recommendations to overweight from equal-weight following recent shares decline. Netflix Inc. (NFLX) rises 1.7% after Goldman Sachs upgraded the streaming-video company to buy from neutral. Kratos Defense & Security Solutions Inc. (KTOS) is up 4% after Jefferies raised the recommendation on the military contractor to buy from hold, writing that in an upside scenario, its Government Solutions business could see 31% compound annual revenue growth through 2028. Twilio (TWLO) rises 3.4% as Jefferies upgrades to buy from hold citing greater conviction in the role the firm will play in the voice AI tech stack.
Playtika ( PLTK ) announced today that a special committee of the board of directors, comprised solely of independent directors, is conducting a comprehensive review and evaluation of strategic alternatives across its portfolio. The special committee is evaluating opportunities and alternatives to unlock and enhance shareholder value and has retained Morgan Stanley to act as financial advisor. The...
Playtika ( PLTK ) announced today that a special committee of the board of directors, comprised solely of independent directors, is conducting a comprehensive review and evaluation of strategic alternatives across its portfolio. The special committee is evaluating opportunities and alternatives to unlock and enhance shareholder value and has retained Morgan Stanley to act as financial advisor. There can be no assurance that the strategic review process will result in any strategic transaction. Playtika shares advanced as much as 9.5% in premarket trading Monday. More on Playtika Playtika Is Trading At A Deep Discount To Its Cash Flow Playtika Holding Corp. (PLTK) Q4 2025 Earnings Call Transcript Playtika Is Undervalued With Dividend Strength And D2C Momentum Playtika outlines $2.7B–$2.8B 2026 revenue target as SuperPlay and D2C drive strategic mix shift Playtika announces a 15% reduction in its workforce
bopav BlackRock ( BLK ) filed a preliminary prospectus on Monday for an exchange-traded fund that would track the Nasdaq 100 Index, a move that horns in on Invesco's ( IVZ ) near monopoly on ETFs tracking the tech-heavy index. The yet-to-be-launched ETF seeks to track the investment results of the Nasdaq 100 Index, which measures the performance of securities of the 100 largest domestic and intern...
bopav BlackRock ( BLK ) filed a preliminary prospectus on Monday for an exchange-traded fund that would track the Nasdaq 100 Index, a move that horns in on Invesco's ( IVZ ) near monopoly on ETFs tracking the tech-heavy index. The yet-to-be-launched ETF seeks to track the investment results of the Nasdaq 100 Index, which measures the performance of securities of the 100 largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization, the filing said . The ETF is expected to trade under the IQQ ticker symbol. Up until now, Invesco ( IVZ ) has been the only asset manager licensed to offer U.S.-listed ETFs that solely track the Nasdaq 100, according to Bloomberg reporting, which pointed out that Nasdaq ( NDAQ ) has been historically selective about licensing the popular index. The relationship has resulted in the $374B Invesco QQQ Trust Series 1 fund ( QQQ ) and the $70B Invesco Nasdaq 100 ETF ( QQQM ). Others do manage Nasdaq 100-linked ETFs globally, including BlackRock ( BLK ), which manages four such ETFs, Bloomberg said. "Expanding access to the Nasdaq-100® is intended to be additive, supporting investors by improving the efficiency, liquidity, and availability of benchmark-linked exposure across markets and product types," Nasdaq ( NDAQ ) said in a statement on its website. The firm continued, " As demand for Nasdaq-100® exposure continues to grow globally, Nasdaq is focused on extending international reach and deepening institutional access by working with a select set of partners in key markets. Nasdaq maintains a valuable, longstanding partnership with Invesco and remains committed to supporting the continued strength and success of the Invesco QQQ Innovation Suite as a cornerstone of the Nasdaq-100® ecosystem." BlackRock ( BLK ) stock edged down 0.1%, and Invesco ( IVZ ) fell 0.7% in premarket trading. More on BlackRock, Invesco, etc. Invesco: Lowered Expectations For 2026E (Rating Downgrade) The Gol...
Legence ( LGN ) has announced that selling stockholders affiliated with Blackstone intend to offer and sell 11M common shares in a secondary underwritten public offering. The underwriters have a 30-day option to purchase up to an additional 1,650,000 common shares. The company will not receive any proceeds from the sale of shares by the selling stockholders. . LGN -4.4% premarket to $56.05 Source:...
Legence ( LGN ) has announced that selling stockholders affiliated with Blackstone intend to offer and sell 11M common shares in a secondary underwritten public offering. The underwriters have a 30-day option to purchase up to an additional 1,650,000 common shares. The company will not receive any proceeds from the sale of shares by the selling stockholders. . LGN -4.4% premarket to $56.05 Source: Press Release More on Legence Legence Corp. (LGN) Q4 2025 Earnings Call Transcript Legence Corp.'s Surge Justifies A Respectful Downgrade Historical earnings data for Legence Financial information for Legence
Joe Raedle ARK Invest’s latest trading activity displayed a decisive rotation toward AI infrastructure, genomics, and frontier energy tech while trimming exposure to certain semiconductor and internet names. The portfolio manager added exposure in CoreWeave ( CRWV ), an AI cloud infrastructure company, and bought a total of over 83K shares worth close to $5.8M. This was followed by a major build-u...
Joe Raedle ARK Invest’s latest trading activity displayed a decisive rotation toward AI infrastructure, genomics, and frontier energy tech while trimming exposure to certain semiconductor and internet names. The portfolio manager added exposure in CoreWeave ( CRWV ), an AI cloud infrastructure company, and bought a total of over 83K shares worth close to $5.8M. This was followed by a major build-up in Kodiak AI ( KDK ), an autonomous trucking and AI logistics company, with ARKQ ( ARKQ ) purchasing 230K shares. Meanwhile, Ark made a notable allocation into OpenAI ( OPENAI ), Series C, with ARKF ( ARKF ), ARKK ( ARKK ) and ARKW ( ARKW ) collectively acquiring 348,995 shares or units. The firm said that this is the first time it has included direct cap table exposure to the AI company behind ChatGPT. Cathie's Ark also added to Oklo ( OKLO ), a nuclear energy and advanced fission startup, buying around 56K shares via ARKQ. Ark Invest ( ARKK ) also selectively added to consumer platform exposure through DoorDash ( DASH ). In healthcare and genomics, ARKG ( ARKG ) led purchases in Arcturus Therapeutics ( ARCT ), acquiring above 16K shares. It also bought GeneDx ( WGS ), a genetic testing and precision medicine company, buying 39K shares across ARKG ( ARKG ) and ARKK ( ARKK ). These buys highlight continued conviction in next-generation sequencing, RNA therapeutics. On the selling side, Ark executed its largest exit in terms of shareholding from Strata Critical Medical ( SRTA ), offloading 745k shares worth around $3M. The firm also trimmed holdings in diagnostics company Veracyte ( VCYT ). In semiconductors, ARK reduced exposure to Teradyne ( TER ), following the trend seen over the last few weeks. Additional reductions were seen in consumer and fintech-linked names, including Pinterest ( PINS ), Discovery ( DSY ) and Japan’s largest internet platform, LY Corp. More on Ark Invest OpenAI Won't Save ARKK ARKK: Wood Is Selling A Rosy Outlook For 2026 And I'm Not Buying It AR...