Fifteen dead after ferry with 300 passengers sinks in Philippines At least 15 people have died after a ferry carrying more than 350 passengers and crew members onboard sank in southern Philippines. Search crews have rescued 316 people on board the MV Trisha Kerstin 3, but at least 28 people are still missing. The ship, which was both a cargo and passenger ferry, was on its way from the country's s...
Fifteen dead after ferry with 300 passengers sinks in Philippines At least 15 people have died after a ferry carrying more than 350 passengers and crew members onboard sank in southern Philippines. Search crews have rescued 316 people on board the MV Trisha Kerstin 3, but at least 28 people are still missing. The ship, which was both a cargo and passenger ferry, was on its way from the country's southern mainland, Mindanao, to Jolo island further south-west when it issued a distress call at 1:50 local time Monday (17:50 GMT Sunday). Authorities say they are investigating the cause of the sinking. The Philippines - an archipelago nation of 7,100 islands - has a long history of maritime disasters involving inter-island ferries.
EschCollection/DigitalVision via Getty Images I recently updated my coverage on Adient ( ADNT ), where I gave Lear ( LEA ) as an alternative to the stock, and called Lear a solid/better choice than Adient for a multitude of reasons. Today, I will be updating on why this is such a solid choice, why I own the stock, and why I believe the company could be a market-beating longer-term investment. This...
EschCollection/DigitalVision via Getty Images I recently updated my coverage on Adient ( ADNT ), where I gave Lear ( LEA ) as an alternative to the stock, and called Lear a solid/better choice than Adient for a multitude of reasons. Today, I will be updating on why this is such a solid choice, why I own the stock, and why I believe the company could be a market-beating longer-term investment. This is not my first coverage of Lear. I have in fact covered the company for years - my last article can be found here , and is about 7 months old at this time. Since my last article, the TSR for the company has been more than twice that of SPY, and more importantly, significantly better than Adient. Seeking Alpha Lear RoR You'll also note that it's not my first article on Lear where I am positive. I have been building a position in this company for over a year at a compelling price ($85-$95, roughly). The fact that the company now trades at about $119/share doesn't mean that it's unattractive though, it just means that we have some correction of the valuation, which, since about mid-2024 was troughing. Lear is, in my view, a perfect example of how to go about value-oriented investing, because the cycles for the company tend to be somewhat longer, and it tends to lack some of the immediate volatility of other stocks in the same sector. F.A.S.T graphs Lear Corporation Valuation In this article i'll revisit my targets for Lear, my expectations for the 2026-2028E period, and show you why, if you want to go into automotive supplies, Lear should be one of your first choices. The yield and the credit rating are just part of the reason for why the company is attractive. It's not a bad idea to invest in one of the more vertically integrated suppliers in the entire automotive supply value chain - even if the valuation now is, by comparison, much higher than it once was. Let's see what we have here. Upside from automotive supply and parts Like Adient, the company's primary operation is,...
The iShares MSCI ACWI ex U.S. ETF offers diversified exposure to developed and emerging international equity markets through a single vehicle. On January 23, Atwater Malick disclosed a buy of the iShares MSCI ACWI ex U.S. ETF (ACWX +0.60%), adding 42,862 shares in an estimated $2.84 million trade based on quarterly average pricing. What happened According to an SEC filing dated January 23, Atwater...
The iShares MSCI ACWI ex U.S. ETF offers diversified exposure to developed and emerging international equity markets through a single vehicle. On January 23, Atwater Malick disclosed a buy of the iShares MSCI ACWI ex U.S. ETF (ACWX +0.60%), adding 42,862 shares in an estimated $2.84 million trade based on quarterly average pricing. What happened According to an SEC filing dated January 23, Atwater Malick bought 42,862 shares of the iShares MSCI ACWI ex U.S. ETF (ACWX +0.60%) during the fourth quarter. The estimated value of the trade was approximately $2.84 million based on the average closing price for the period. Meanwhile, the value of the fund’s position increased by $3.27 million, a figure that includes both the share purchase and price appreciation. What else to know The fund’s ACWX holding rose to 4.2% of its 13F reportable assets after the buy. Top holdings post-filing: NYSEMKT: IVV: $34.87 million (9.6% of AUM) NASDAQ: AAPL: $27.79 million (7.7% of AUM) NASDAQ: GOOGL: $25.27 million (7.0% of AUM) NYSE: CAT: $22.72 million (6.3% of AUM) NYSE: GS: $20.74 million (5.7% of AUM) As of January 22, 2026, ACWX shares were priced at $70.15, up 32% over the past year. Etf overview Metric Value AUM $7.87 billion Price (as of 1/22/26) $70.15 Yield 2.8% 1-year total return 32.48% Etf snapshot ACWX’s investment strategy seeks to track the performance of the MSCI ACWI ex U.S. Index, providing exposure to both developed and emerging markets outside the United States. The portfolio comprises a diversified basket of international equities, with at least 80% of assets invested in component securities of the underlying index or substantially identical investments. The fund is structured as an ETF, providing investors exposure to global equity markets. The iShares MSCI ACWI ex U.S. ETF (ACWX) is a large, passively managed fund designed to provide broad international equity exposure by tracking a free float-adjusted, market capitalization-weighted index. The ETF enables investor...
A rail system that accelerates heavy objects faster than the speed of sound using pure electromagnetic force has been operating in the eastern Chinese city of Jinan for more than two years. But one of the biggest mysteries remains: how does it stay in control? The sonic boom the system generates at ground level could blind or wreck traditional sensors, while the slightest miscalculation due to mis...
A rail system that accelerates heavy objects faster than the speed of sound using pure electromagnetic force has been operating in the eastern Chinese city of Jinan for more than two years. But one of the biggest mysteries remains: how does it stay in control? The sonic boom the system generates at ground level could blind or wreck traditional sensors, while the slightest miscalculation due to missing data could mean disaster at supersonic speeds. Advertisement The system, known as the electromagnetic sledge, made headlines in 2023 when it became the first large-scale electromagnetic launcher to break the sound barrier, accelerating one-tonne test vehicles beyond Mach 1. In a peer-reviewed paper published this month, Xu Fei and his colleagues at the Institute of Electrical Engineering and Advanced Electromagnetic Drive Technology said the experience was like driving a car blindfolded at more than 1,200km/h (746mph). 01:13 China unveils maglev marvel, redefining the future of high-speed rail transport China unveils maglev marvel, redefining the future of high-speed rail transport “When linear induction motors operate at supersonic speeds – around 340 metres (1,120 feet) per second – at altitudes below 100 metres and temperatures below 30 degrees Celsius (86 Fahrenheit), unsteady aerodynamic forces caused by shock waves can create severe disturbances to the mover,” they wrote.
Small-cap stocks just beat large-cap stocks for 14 straight days. Coming into 2026, the S&P 500 (^GSPC +0.03%) has been on one of its strongest multi-year streaks in history. From 2023-2025, the index jumped a whopping 78%. However, that three-year period on the market has also stood out for another reason. The gap in performance between the S&P 500, which holds large-cap stocks, and the small-cap...
Small-cap stocks just beat large-cap stocks for 14 straight days. Coming into 2026, the S&P 500 (^GSPC +0.03%) has been on one of its strongest multi-year streaks in history. From 2023-2025, the index jumped a whopping 78%. However, that three-year period on the market has also stood out for another reason. The gap in performance between the S&P 500, which holds large-cap stocks, and the small-cap Russell 2000, was one of the biggest as you can see from the chart below. The S&P 500 has essentially doubled the return of the Russell 2000 during that period. That gap owes to the emergence of AI, which has been led by the "Magnificent Seven" stocks, which now represent roughly a third of the S&P 500's market cap, as well as other megacap tech stocks that have surged in the AI boom. The chart above is also notable because small caps typically outperform large caps during bull markets, as they are more volatile, riskier, and more exposed to the macro economy. The trend over the last three years now seems to be reversing. Through Jan. 23, the Russell 2000 has easily outpaced the S&P 500. Not only is the Russell 2000 handsomely beating its large-cap peer, but it has also put together its longest streak of daily outperformance since 1996. To start off the year, the Russell 2000 beat the S&P 500 for 14 straight sessions before falling 1.8% on Jan. 23 to end the streak. That rotation suggests investors expect the bull market to broaden, given the S&P 500's historically high valuation and the relative discount of the Russell 2000. Let's take a look back in history at another time during a tech-driven bull market when the Russell 2000 beat the S&P 500 over 16 straight sessions. What May 1996 says about the current market Investors didn't know it at the time, but 1996 ended up being the second year of a five-year dot-com boom that peaked in March 2000. The streak April and May of that year saw the Russell 2000 open gain 3% while the S&P 500 fell 1%. However, it turned out to not ...
South Korean former prime minister Lee Hae-chan, a veteran politician and influential fixture on the country’s road to democracy, died during an official visit to Vietnam’s southern hub of Ho Chi Minh City, both governments said. Lee died on Sunday, after emergency medical aid for a heart attack, a South Korean presidential advisory panel said in a statement. The 73-year-old reportedly complained ...
South Korean former prime minister Lee Hae-chan, a veteran politician and influential fixture on the country’s road to democracy, died during an official visit to Vietnam’s southern hub of Ho Chi Minh City, both governments said. Lee died on Sunday, after emergency medical aid for a heart attack, a South Korean presidential advisory panel said in a statement. The 73-year-old reportedly complained of flu-like symptoms before his departure to Vietnam and decided to return home one day after his arrival since his condition did not improve. Advertisement While waiting for his return flight at the Tan Son Nhat International Airport, he experienced shortness of breath and was transported to the hospital. He reportedly suffered cardiac arrest twice, once during the transfer and again at the hospital. “The country has lost a great mentor in the history of our democracy,” President Lee Jae Myung said. “He dedicated his life to protecting and growing democratic values through our turbulent modern history.” Lee Hae-chan attends talks at the foreign ministry in Beijing on May 18, 2017. Photo: Reuters Lee spearheaded government reform as prime minister from 2004 to 2006. The seven-term former member of parliament had started out as a student activist who was jailed in the 1970s for leading a democracy movement.