Aluminum Supply Shock: Top Gulf Producer Halts Operations After Iran Strike, Price To Spike Over the weekend, both Emirates Global Aluminum (EGA) - the largest aluminum producers in the Gulf - and Aluminium Bahrain (ALBA) reported drone attacks damaging smelting facilities after hits on Iranian steel infrastructure last week . Neither company (at the time) confirmed whether supply will be impacted...
Aluminum Supply Shock: Top Gulf Producer Halts Operations After Iran Strike, Price To Spike Over the weekend, both Emirates Global Aluminum (EGA) - the largest aluminum producers in the Gulf - and Aluminium Bahrain (ALBA) reported drone attacks damaging smelting facilities after hits on Iranian steel infrastructure last week . Neither company (at the time) confirmed whether supply will be impacted, but this morning the worst case appears to be confirmed with Reuters reporting that according to a Wednesday note by consultancy Wood Mackenzie "EGA's Al Taweelah facility in the United Arab Emirates halted operations after an Iranian missile and drone attack on Saturday damaged a power plant." A subsequent report from Bloomberg confirmed the report, writing that "Emirates Global Aluminium, the Middle East’s top producer of the metal, halted operations at its Al Taweelah smelter after the site was struck by Iranian missiles and drones over the weekend, according to a person familiar with the matter. " At the same time, the smelter belonging to Aluminium Bahrain – Alba – which was also targeted on Saturday, “sustained significant damages and is expected to operate at an estimated utilisation of 30 percent”, Wood Mackenzie said. “The ongoing Middle East conflict is triggering a critical supply crisis in the global aluminium market, with disruptions potentially removing 3 to 3.5 million tonnes of output in 2026,” Wood Mackenzie said. For context, the world produced just under 74 million tonnes of primary aluminum last year. Wood Mackenzie’s press office said its information was sourced from the consultancy’s contacts in the Middle East, but declined to provide further details. As a reminder, the aluminum smelter in Al Taweelah, in the emirate of Abu Dhabi, has a capacity of roughly 1.5 million metric tonnes per year, and an alumina refinery. Alba’s capacity of 1.6 million tonnes per year in Bahrain makes it the world’s biggest single-site aluminium smelter. The Middle East a...
YieldMax MSFT Option Income Strategy ETF ( MSFO ) announces weekly distribution of $0.0672, -4.02% lower from the prior week's distribution of $0.0699. The annual distribution rate is 30.24%, with an SEC yield of 3.36%. The return of capital is 90.85%. Payable April 6; for shareholders of record April 2; ex-div April 2.Source: Press Release More on YieldMax™ MSFT Option Income Strategy ETF Seeking...
YieldMax MSFT Option Income Strategy ETF ( MSFO ) announces weekly distribution of $0.0672, -4.02% lower from the prior week's distribution of $0.0699. The annual distribution rate is 30.24%, with an SEC yield of 3.36%. The return of capital is 90.85%. Payable April 6; for shareholders of record April 2; ex-div April 2.Source: Press Release More on YieldMax™ MSFT Option Income Strategy ETF Seeking Alpha’s Quant Rating on YieldMax™ MSFT Option Income Strategy ETF Dividend scorecard for YieldMax™ MSFT Option Income Strategy ETF
⚽️ Updates from 5.45pm BST kick-off at Allianz Arena ⚽️ United wage bill half of Arsenal’s last season | Email Yara Bayern Munich (4-2-3-1): Mahmutovic; Gwinn, Viggosdottir, Gilles, Simon; Kakounan, Stanway; Dallmann, Tanikawa, Kett; Harder. Subs: Grohs, Kreuzpaintner, Ballisager, Eriksson, Padilla, Caruso, Dunst, Imade, Zähringer. Bernadette Kakounan replaces Arianna Caruso in the starting XI and...
⚽️ Updates from 5.45pm BST kick-off at Allianz Arena ⚽️ United wage bill half of Arsenal’s last season | Email Yara Bayern Munich (4-2-3-1): Mahmutovic; Gwinn, Viggosdottir, Gilles, Simon; Kakounan, Stanway; Dallmann, Tanikawa, Kett; Harder. Subs: Grohs, Kreuzpaintner, Ballisager, Eriksson, Padilla, Caruso, Dunst, Imade, Zähringer. Bernadette Kakounan replaces Arianna Caruso in the starting XI and Momoko Tanikawa returns to partner Georgia Stanway in defensive midfield. Stanway makes her 50th Uefa club competition appearance. At 27 years and 88 days, she becomes the youngest English player to achieve the feat, surpassing Keira Walsh, who was 27 years and 184 days. Continue reading...
Check out the companies making the biggest moves in midday trading: Eli Lilly — The Food and Drug Administration approved Foundayo , the company's once-a-day GLP-1 pill to treat obesity. Shares rose about 4% on the news. Hasbro — The toymaker fell more than 4% after it disclosed a cybersecurity incident where there was unauthorized access to the company's network. Hasbro has taken certain systems ...
Check out the companies making the biggest moves in midday trading: Eli Lilly — The Food and Drug Administration approved Foundayo , the company's once-a-day GLP-1 pill to treat obesity. Shares rose about 4% on the news. Hasbro — The toymaker fell more than 4% after it disclosed a cybersecurity incident where there was unauthorized access to the company's network. Hasbro has taken certain systems offline, and is currently conducting an investigation to discover the full impact of the incident and solve it. The company also said it will take on additional measures to protect its business as needed. Philip Morris International — The international tobacco firm saw shares dropping more than 5% after Reuters reported the FDA delayed authorization for sales of nicotine pouch products as agency scientists grew concerned about potential risks to new users, including children. Intel — Shares popped 9% after the semiconductor manufacturer announced it will repurchase a 49% stake in its Ireland Fab 34 joint venture from Apollo Global Management for $14.2 billion. The Ireland Fab 34 facility produces chips using Intel's latest process technologies, Intel 3 and Intel 4. The move will be funded through a mix of cash on hand and roughly $6.5 billion in new debt. Cal-Maine — The egg producer gained 5.8% following its beat on both the top and bottom lines. Cal-Maine's third-quarter earnings came in at $1.06 per share, beating the 70 cents expected from analysts polled by FactSet. Revenue was $667.0 million, versus the $642.5 million consensus estimate. Memory stocks — Investors' favorite group in 2026 continued their rebound on Wednesday after a hefty sell-off that lasted through Monday trading. A number of Wall Street firms issued fresh notes on the group. Sandisk was up 10%, while Western Digital rose 11%. Seagate Technology gained more than 8%, and Lam Research jumped nearly 5%. Micron added 10% as Cantor Fitzgerald touted the stock as a top pick. Nike — The athletic apparel sto...
Sjo/iStock Unreleased via Getty Images Shell ( SHEL ) is in advanced talks with Venezuela's government to develop four large areas near Trinidad and Tobago, in two of the country's largest offshore natural gas fields, Reuters reported Wednesday. Shell ( SHEL ) has been trying for years to advance the 4.2 Tcf Dragon gas field in Venezuelan waters and could make a final investment decision on the p...
Sjo/iStock Unreleased via Getty Images Shell ( SHEL ) is in advanced talks with Venezuela's government to develop four large areas near Trinidad and Tobago, in two of the country's largest offshore natural gas fields, Reuters reported Wednesday. Shell ( SHEL ) has been trying for years to advance the 4.2 Tcf Dragon gas field in Venezuelan waters and could make a final investment decision on the project by the end of this year; the company now wants to expand its reach into neighboring areas, according to the report . The company is targeting access to the three fields that, along with Dragon, are part of the 12 Tcf Mariscal Sucre project off Venezuela's eastern coast, in addition to the 7.3 Tcf Loran offshore area, part of a cross-border field that extends into Trinidad, for ~20 Tcf of combined reserves, the report said. Shell ( SHEL ) reportedly expects to send the Venezuelan gas to Trinidad for processing into liquefied natural gas for export, a big push for its 45%-owned Atlantic LNG project, which is Latin America's largest LNG facility but has been unable to reach installed capacity due to insufficient gas supply. Last month , Shell ( SHEL ) signed preliminary deals with the new government headed by Delcy Rodriguez to move Dragon forward and possibly develop the Carito and Pirital onshore oil and gas fields. More on Shell Shell's Earnings Still Tied To Oil, Not Growth Why Shell Is A Short-Term Trade Now (Rating Downgrade) Shell: Defensive Play In An Uncertain Energy Market
The effort follows broader tightening of oversight of cross-border income under the Common Reporting Standard. Photo: VCG Chinese tax authorities are stepping up scrutiny of offshore trusts, demanding that wealthy individuals disclose detailed investment income and, in some cases, pay a 20% levy on returns. The move narrows a long-standing enforcement gray zone as officials use global information-...
The effort follows broader tightening of oversight of cross-border income under the Common Reporting Standard. Photo: VCG Chinese tax authorities are stepping up scrutiny of offshore trusts, demanding that wealthy individuals disclose detailed investment income and, in some cases, pay a 20% levy on returns. The move narrows a long-standing enforcement gray zone as officials use global information-sharing mechanisms to look through offshore structures often used by high-net-worth individuals to park assets and manage tax exposure.
YieldMax MRNA Option Income Strategy ETF ( MRNY ) announces weekly distribution of $0.2751, 0.98% higher from the prior week's distribution of $0.2724. The annual distribution rate is 77.45%, with an SEC yield of 2.32%. The return of capital is 0.00%. Payable April 6; for shareholders of record April 2; ex-div April 2.Source: Press Release More on YieldMax MRNA Option Income Strategy ETF MRNY: Jum...
YieldMax MRNA Option Income Strategy ETF ( MRNY ) announces weekly distribution of $0.2751, 0.98% higher from the prior week's distribution of $0.2724. The annual distribution rate is 77.45%, with an SEC yield of 2.32%. The return of capital is 0.00%. Payable April 6; for shareholders of record April 2; ex-div April 2.Source: Press Release More on YieldMax MRNA Option Income Strategy ETF MRNY: Jumping On Big Moderna Move Seeking Alpha’s Quant Rating on YieldMax MRNA Option Income Strategy ETF Dividend scorecard for YieldMax MRNA Option Income Strategy ETF
We want to hear from owners of dogs, cats or other pets who have tried these trackers With a growing number of pet fitness trackers on the market, owners can monitor the stats of their companions as never before. But these devices can be costly, and their necessity is debated. We want to hear from owners of dogs, cats or other pets who have tried these trackers to hear if such health monitors have...
We want to hear from owners of dogs, cats or other pets who have tried these trackers With a growing number of pet fitness trackers on the market, owners can monitor the stats of their companions as never before. But these devices can be costly, and their necessity is debated. We want to hear from owners of dogs, cats or other pets who have tried these trackers to hear if such health monitors have proved useful, neutral or problematic. Continue reading...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.52%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.68%. June E-mini S&P futures (ESM26 ) are up +0.57%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.52%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.68%. June E-mini S&P futures (ESM26 ) are up +0.57%, and June E-mini Nasdaq futures...
YieldMax MARA Option Income Strategy ETF ( MARO ) announces weekly distribution of $0.0774, -15.50% lower from the prior week's distribution of $0.0894. The annual distribution rate is 75.44%, with an SEC yield of 3.38%. The return of capital is 0.00%. Payable April 6; for shareholders of record April 2; ex-div April 2.Source: Press Release More on YieldMax MARA Option Income Strategy ETF Seeking ...
YieldMax MARA Option Income Strategy ETF ( MARO ) announces weekly distribution of $0.0774, -15.50% lower from the prior week's distribution of $0.0894. The annual distribution rate is 75.44%, with an SEC yield of 3.38%. The return of capital is 0.00%. Payable April 6; for shareholders of record April 2; ex-div April 2.Source: Press Release More on YieldMax MARA Option Income Strategy ETF Seeking Alpha’s Quant Rating on YieldMax MARA Option Income Strategy ETF Dividend scorecard for YieldMax MARA Option Income Strategy ETF
Ken Smythe, Founder of Next Round Capital joins Bloomberg Open Interest to break down the surprising shift in AI investing. He explains why OpenAI shares are flooding the market, how Anthropic is emerging as a stronger financial bet, and why OpenAI’s massive $122B funding round may not be as real as it sounds. (Source: Bloomberg)
Ken Smythe, Founder of Next Round Capital joins Bloomberg Open Interest to break down the surprising shift in AI investing. He explains why OpenAI shares are flooding the market, how Anthropic is emerging as a stronger financial bet, and why OpenAI’s massive $122B funding round may not be as real as it sounds. (Source: Bloomberg)
It’s now a “financial leadership challenge shaped by regulation, AI acceleration, and rising expectations from boards and investors,” the tech giant said.
It’s now a “financial leadership challenge shaped by regulation, AI acceleration, and rising expectations from boards and investors,” the tech giant said.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
YieldMax HOOD Option Income Strategy ETF ( HOOY ) announces weekly distribution of $0.3815, 1.63% higher from the prior week's distribution of $0.3753. The annual distribution rate is 70.54%, with an SEC yield of 3.33%. The return of capital is 0.00%. Payable April 6; for shareholders of record April 2; ex-div April 2.Source: Press Release More on YieldMax HOOD Option Income Strategy ETF HOOY: Att...
YieldMax HOOD Option Income Strategy ETF ( HOOY ) announces weekly distribution of $0.3815, 1.63% higher from the prior week's distribution of $0.3753. The annual distribution rate is 70.54%, with an SEC yield of 3.33%. The return of capital is 0.00%. Payable April 6; for shareholders of record April 2; ex-div April 2.Source: Press Release More on YieldMax HOOD Option Income Strategy ETF HOOY: Attractive Entry Before Robinhood's Q4 Earnings (Rating Upgrade) Dividend scorecard for YieldMax HOOD Option Income Strategy ETF
Cross-asset markets are under stress given the bi-modal risks of de-escalation vs. prolonged conflict. This edition of All Options Considered podcast discusses the probability distribution around the outcomes of the Iran war and markets. BI’s Chief Global Derivatives Strategist Tanvir Sandhu is joined by Edward Fishman, author of Chokepoints: American Power in the Age of Economic Warfare and Senio...
Cross-asset markets are under stress given the bi-modal risks of de-escalation vs. prolonged conflict. This edition of All Options Considered podcast discusses the probability distribution around the outcomes of the Iran war and markets. BI’s Chief Global Derivatives Strategist Tanvir Sandhu is joined by Edward Fishman, author of Chokepoints: American Power in the Age of Economic Warfare and Senior Fellow at Council on Foreign Relations.
A study of analyst recommendations at the major brokerages shows that Steel Dynamics Inc. (Symbol: STLD) is the #41 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Glo
A study of analyst recommendations at the major brokerages shows that Steel Dynamics Inc. (Symbol: STLD) is the #41 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Glo
onlyyouqj/iStock via Getty Images Quanta Services, Inc. ( PWR ) operates in one of the most robust market environments for engineering, procurement, and construction (EPC) work, underpinned by billions of dollars in large-scale data center development, U.S. reindustrialization, and the power infrastructure to support grid scalability. With the utilities expected to invest $1.1T through 2030 in pow...
onlyyouqj/iStock via Getty Images Quanta Services, Inc. ( PWR ) operates in one of the most robust market environments for engineering, procurement, and construction (EPC) work, underpinned by billions of dollars in large-scale data center development, U.S. reindustrialization, and the power infrastructure to support grid scalability. With the utilities expected to invest $1.1T through 2030 in power infrastructure, I believe Quanta is well positioned to realize substantial growth over the coming years, if not the next decade, that can deliver incremental improvements to margins. Given the strong market outlook, I am recommending PWR shares with a Strong Buy rating with a price target of $713/share at 26.76x eFY28 EV/aEBITDA. Quanta Services Operational Update Corporate Filings The EPC market is the strongest it has ever been, with a vast amount of large-scale projects set to deliver growth over the next decade. While data center development has been front and center in recent years as a large growth market opportunity, industrial reshoring for pharmaceuticals, manufacturing, automotive production, and semiconductor fabrication are all driving elevated demand for construction and infrastructure services. The central theme is that the growth trajectory for reindustrialization is outpacing load capacity, resulting in the need for substantial investments for power transmission & distribution infrastructure development. Thematically, I have reason to believe natural gas will be the cornerstone of growth for the coming years, given the growing demand for gas-fired power generation. Accordingly, GE Vernova ( GEV ) had 83GW gas turbine capacity in its backlog and slot reservations as of Q4 ’25, up from 62GW in Q3 ’25 and 55GW in Q2 ’25. While capacity largely ties to large-scale data center development, much of this is destined for grid support and industrial demand. With an increasing outlook for gas power demand, Quanta should be in a strong position to service both the h...