Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares UltraPro QQQ, which added 21,200,000 units, or a 3.7% increase week over week. Among the largest underlying components of TQQQ, in morni
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares UltraPro QQQ, which added 21,200,000 units, or a 3.7% increase week over week. Among the largest underlying components of TQQQ, in morni
NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Best Stocks to Buy According to Billionaire Paul Tudor Jones. NVIDIA Corporation (NASDAQ:NVDA) has featured in the 13F portfolio of Tudor Investment Corp for more than a decade and a half. For a long period, this holding comprised over a million shares. Latest filings, submitted at the […]
NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 Best Stocks to Buy According to Billionaire Paul Tudor Jones. NVIDIA Corporation (NASDAQ:NVDA) has featured in the 13F portfolio of Tudor Investment Corp for more than a decade and a half. For a long period, this holding comprised over a million shares. Latest filings, submitted at the […]
ByteDance Ltd. ’s TikTok has dropped plans to invest in a new Irish data center in a blow to the country’s reputation as a data center hub as it grapples with concerns over grid capacity. Instead of expanding capacity in Ireland, the social media platform is focusing on other projects to store European user data in the region, a company spokesperson said on Wednesday, confirming an earlier report ...
ByteDance Ltd. ’s TikTok has dropped plans to invest in a new Irish data center in a blow to the country’s reputation as a data center hub as it grapples with concerns over grid capacity. Instead of expanding capacity in Ireland, the social media platform is focusing on other projects to store European user data in the region, a company spokesperson said on Wednesday, confirming an earlier report from Ireland’s Business Post . ByteDance had previously signed an agreement for two buildings in Clondalkin in the west of Dublin. Ireland is one of Europe’s biggest data center hubs, but in recent years development has come to a halt as the country’s power grid failed to keep up with demand. A review by the regulator resulted in an effective four-year pause on network connections in the capital. Read More: Ireland Is Trying to Get Back on the Data Center Bandwagon ByteDance also has data-center projects in Norway and Finland and will now focus on those to bolster capacity to store its European data, the spokesperson said. The company will continue to operate its first data center in Ireland, which came online in 2023 and remains a key part of TikTok’s European operations, the spokesperson said. Ireland Pushes Power Plan to Attract Data Center Investment Ireland Ends Moratorium on New Power Links to Data Centers (1) Ireland Must Fix Infrastructure to Keep Investors, Makhlouf Says
alvarez/iStock via Getty Images Investment thesis The massive disruptions in LNG supplies from the ME, as well as from Russia, have short-term as well as long-term implications for Cheniere's ( LNG ) outlook. In the short term, the disruption stemming from the Strait of Hormuz has the potential to replicate the LNG price spike we saw in 2021-2022 if the conflict continues for a prolonged period. I...
alvarez/iStock via Getty Images Investment thesis The massive disruptions in LNG supplies from the ME, as well as from Russia, have short-term as well as long-term implications for Cheniere's ( LNG ) outlook. In the short term, the disruption stemming from the Strait of Hormuz has the potential to replicate the LNG price spike we saw in 2021-2022 if the conflict continues for a prolonged period. In the longer term, Qatar is faced with a multi-year partial outage. The Chinese-Russian Power of Siberia 2 project is more likely to be implemented, and perhaps the timeline will be expedited based on recent reports. This leaves the Europeans with no choice but to remain heavily dependent on a potentially tight LNG market, with no choice but to buy the needed volumes, regardless of the prevailing price. Among the potentially negative long-term factors I am looking at for Cheniere, I see early signs of the US shale patch stagnating, which could lead to rising natural gas prices in the US, which can potentially cut into Cheniere's profitability. With these considerations in mind, I see Cheniere's current share price as fully reflecting the potential fundamental upside, which is why I recently sold my position, and I am looking to buy again at some point, in a post-war new normal. Going from a buy to a hold I last covered Cheniere in December, when I had it as a buy on a significant pullback in its share price, which I found to have not been supported by its company-specific profile, as well as the external market outlook. At the time, I was watching the tightening of the natural gas market in Europe as a sign of higher potential LNG prices. Cheniere's stock price is up nearly 60% since I wrote that article, so I decided to take profits on my position, and I am currently designating the stock as a hold. I should mention that while most of the gain happened in March, Cheniere also saw its share price increase by 25% between the time I wrote the December article and the end of F...
The country's third largest cruise line has historically been a laggard relative to its peers. But that doesn't mean it will always be that way for Norwegian Cruise Line (NYSE: NCLH) . Can this textbook cheap stock become a world-beater? That's a big question, and I can only counter with some equally large predictions. Here are three things I see playing out in the next nine months for Norwegian C...
The country's third largest cruise line has historically been a laggard relative to its peers. But that doesn't mean it will always be that way for Norwegian Cruise Line (NYSE: NCLH) . Can this textbook cheap stock become a world-beater? That's a big question, and I can only counter with some equally large predictions. Here are three things I see playing out in the next nine months for Norwegian Cruise Line and its shareholders. Image source: Getty Images. Continue reading