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)
Rocket Pharmaceuticals drops despite the FDA's accelerated approval of gene therapy Kresladi in severe leukocyte adhesion deficiency-I, an ultra-rare disease.
Rocket Pharmaceuticals drops despite the FDA's accelerated approval of gene therapy Kresladi in severe leukocyte adhesion deficiency-I, an ultra-rare disease.
Critics say films lauding country’s attitude to women and green credentials could damage corporation’s reputation The BBC has been accused of making “glossy propaganda films” for Saudi Arabia’s sovereign wealth fund and taking money from a “repressive regime”. BBC Storyworks , the corporation’s commercial arm, has entered into a partnership with Saudi Arabia’s Public Investment Fund (PIF). The bro...
Critics say films lauding country’s attitude to women and green credentials could damage corporation’s reputation The BBC has been accused of making “glossy propaganda films” for Saudi Arabia’s sovereign wealth fund and taking money from a “repressive regime”. BBC Storyworks , the corporation’s commercial arm, has entered into a partnership with Saudi Arabia’s Public Investment Fund (PIF). The broadcaster has made a series of films and written articles lauding the country’s supposedly progressive attitude to women and eco-friendly credentials. These are hosted on a mini-site that carried BBC branding. Continue reading...
Two of the fastest-growing companies in tech fly under the radar and have recently seen big sell-offs in their stocks. However, both are seeing rapid revenue growth and have continued big opportunities in front of them. These aren't household names, but these two artificial intelligence (AI) stocks have the potential for big gains in the future. SoundHound AI (NASDAQ: SOUN) popped up on investors'...
Two of the fastest-growing companies in tech fly under the radar and have recently seen big sell-offs in their stocks. However, both are seeing rapid revenue growth and have continued big opportunities in front of them. These aren't household names, but these two artificial intelligence (AI) stocks have the potential for big gains in the future. SoundHound AI (NASDAQ: SOUN) popped up on investors' watchlists after Nvidia revealed a position in the stock a couple years ago. However, after the chip giant dumped its shares for a big gain a year later, SoundHound has been flying under the radar ever since. Continue reading
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Edwards Lifesciences is now the #89 analyst pick, moving up by 1 spot. This rank is formed by averaging the analyst opinions for each component
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Edwards Lifesciences is now the #89 analyst pick, moving up by 1 spot. This rank is formed by averaging the analyst opinions for each component
The dollar index (DXY00 ) climbed to a 2-week high today and is up by +0.35%. The dollar has safe-haven support on concerns of a protracted Iran war after President Trump told the Financial Times on Sunday that he wants to "take the oil in Iran" and could seize the...
The dollar index (DXY00 ) climbed to a 2-week high today and is up by +0.35%. The dollar has safe-haven support on concerns of a protracted Iran war after President Trump told the Financial Times on Sunday that he wants to "take the oil in Iran" and could seize the...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.32%. June E-mini S&P futures (ESM26 ) are up +0.40%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.32%. June E-mini S&P futures (ESM26 ) are up +0.40%, and June E-mini Nasdaq futures...
Collien Fernandes accuses ex-husband, Christian Ulmen, of sharing sexually explicit deepfake images of her online A high-profile German TV star’s allegations that her ex-husband spread AI-generated pornographic images of her have triggered a national debate and put pressure on the government to tighten laws around digital violence against women. In an interview with the news magazine Der Spiegel l...
Collien Fernandes accuses ex-husband, Christian Ulmen, of sharing sexually explicit deepfake images of her online A high-profile German TV star’s allegations that her ex-husband spread AI-generated pornographic images of her have triggered a national debate and put pressure on the government to tighten laws around digital violence against women. In an interview with the news magazine Der Spiegel last week, Collien Fernandes accused her former husband Christian Ulmen, a prominent TV presenter and producer, of impersonating her online for years and sharing sexually explicit deepfake images. Continue reading...
Uefa is to expected to broadly freeze prices at Euro 2028 - meaning supporters would be able to buy five tickets for the cost of one parking space at a World Cup stadium this summer.
Uefa is to expected to broadly freeze prices at Euro 2028 - meaning supporters would be able to buy five tickets for the cost of one parking space at a World Cup stadium this summer.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Edwards Lifesciences Corp (Symbol: EW) has taken over the #89 spot from Darden Restaurants, Inc. (Symbol: DRI), according to ETF Channel. Below is a chart of Edwards
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Edwards Lifesciences Corp (Symbol: EW) has taken over the #89 spot from Darden Restaurants, Inc. (Symbol: DRI), according to ETF Channel. Below is a chart of Edwards
A study of analyst recommendations at the major brokerages shows that Coca-Cola Co (Symbol: KO) is the #4 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Coca-Cola Co is also a top tier analyst pick among the b
A study of analyst recommendations at the major brokerages shows that Coca-Cola Co (Symbol: KO) is the #4 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Coca-Cola Co is also a top tier analyst pick among the b
The SPDR MSCI USA StrategicFactors ETF is seeing unusually high volume in afternoon trading Monday, with over 168,000 shares traded versus three month average volume of about 25,000. Shares of QUS were up about 0.7% on the day. Components of that ETF with the highest volume on
The SPDR MSCI USA StrategicFactors ETF is seeing unusually high volume in afternoon trading Monday, with over 168,000 shares traded versus three month average volume of about 25,000. Shares of QUS were up about 0.7% on the day. Components of that ETF with the highest volume on
Phoenix Global Resources Plc , a crude producer backed by trading house Mercuria Energy Group Ltd. , is preparing a $6 billion expansion in Argentina’s booming Vaca Muerta shale patch after President Javier Milei broadened his investor incentives to include oil drilling. Phoenix will apply in the coming days to the program, known by its Spanish acronym RIGI, to develop acreage on the eastern flank...
Phoenix Global Resources Plc , a crude producer backed by trading house Mercuria Energy Group Ltd. , is preparing a $6 billion expansion in Argentina’s booming Vaca Muerta shale patch after President Javier Milei broadened his investor incentives to include oil drilling. Phoenix will apply in the coming days to the program, known by its Spanish acronym RIGI, to develop acreage on the eastern flank of Patagonia’s shale fields plus a new asset in another corner of the basin that it’s close to acquiring, Chief Executive Officer Pablo Bizzotto said in an interview. Milei has leveraged RIGI to lure energy and mining projects worth tens of billions of dollars — offering up tax breaks that directly improve shale economics and legal guarantees that shield companies from policy meddling that was rife in Argentina before he took office in 2023. “RIGI takes your asset and relocates it virtually to a developed country,” Bizzotto said on March 27 in Buenos Aires. “Of course there are financial advantages that boost returns, but the strongest aspect for me is the message it sends: Argentina isn’t going to move the goalposts.” Milei’s move to widen the scope of the RIGI incentives to Vaca Muerta oil wells promises to quicken shale growth. For Phoenix, the program has helped to spur its acquisition talks and deliberations of adding a third drilling rig. Meanwhile, rivals Tecpetrol SA and Pampa Energia SA have announced they are submitting multibillion-dollar proposals as construction makes headway on a signature oil pipeline with its first crude cargoes about a year away. Phoenix itself plans to keep shipping through the already-expanded Oldelval SA pipeline. Mercuria founded Phoenix nearly a decade ago and holds a roughly 90% stake in the business that it took private in 2022. It has stayed the course in Argentina even as other international companies like Exxon Mobil Corp. , TotalEnergies SE and Equinor ASA divested assets — either because of ongoing frustrations with capital con...
In trading on Monday, the Global X MSCI Argentina ETF is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Lithium Argentina, up about 8.4% and shares of Adecoagro, up about 8.3% on the day. And underperfor
In trading on Monday, the Global X MSCI Argentina ETF is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Lithium Argentina, up about 8.4% and shares of Adecoagro, up about 8.3% on the day. And underperfor
Bryngelzon/iStock via Getty Images Eagle Point Credit Company's ( ECC ) common shares form a somber investment, with the closed-end fund having pushed through a series of dividend cuts since 2024. The latest cut was a steep 57% from the prior monthly payout to $0.06 per share , around $0.72 per share annualized for a 19.5% dividend yield. When this cut in income is aggregated with a stock that has...
Bryngelzon/iStock via Getty Images Eagle Point Credit Company's ( ECC ) common shares form a somber investment, with the closed-end fund having pushed through a series of dividend cuts since 2024. The latest cut was a steep 57% from the prior monthly payout to $0.06 per share , around $0.72 per share annualized for a 19.5% dividend yield. When this cut in income is aggregated with a stock that has fallen by 54% over the last year, ECC comes fully into the purview of an investment that has really only lost money for its investors. Dividend cuts are so destructive because the stock price almost always follows the cut lower as investors flee and the market moves to reprice the commons on a similar yield prior to the cut. The move places ECC's series of public fixed-income securities as the only reasonable investment from both a risk management and income stability perspective. I've historically focused my purchases on the 6.75% Series D Cumulative Preferred Stock ( ECC.PR.D ), but they're one of six outstanding fixed income securities on ECC's capital stack. Eagle Point Credit Company Form 8-K Seeking Alpha These have dropped around 9.5% from their 52-week high, with the dip overlapping with ECC's recent decision to cut its dividend on the common following quarterly earnings that highlighted yet another quarter of a decline in net asset value ("NAV") per share. The story of ECC's book value is perhaps its most stark metric, showing how its focus on collateralized loan obligations ("CLOs") has not created a base for positive returns on its capital. The CEF invests in the equity and junior debt tranches of CLOs, a type of investment vehicle that's a pool of corporate U.S. credit. Eagle Point Credit Fiscal 2025 Fourth Quarter Supplemental Eagle Point Credit Fiscal 2025 Fourth Quarter Supplemental These tranches get paid interest and receive principal payments from the corporate borrowers, with the CEF having 1,850 underlying loan obligors as of the end of its fiscal 2025 ...
The British pop star will lead the 2026 London literature festival in collaboration with her Service95 book club, as part of the Southbank Centre’s 75th anniversary celebrations Brit award-winning pop star Dua Lipa is to curate this year’s London literature festival at the Southbank Centre, organisers have announced. The festival, now in its 19th year, will run from 21 October to 1 November, with ...
The British pop star will lead the 2026 London literature festival in collaboration with her Service95 book club, as part of the Southbank Centre’s 75th anniversary celebrations Brit award-winning pop star Dua Lipa is to curate this year’s London literature festival at the Southbank Centre, organisers have announced. The festival, now in its 19th year, will run from 21 October to 1 November, with Lipa shaping a programme of events across the opening weekend and beyond in collaboration with her Service95 book club. The news comes as part of the Southbank Centre’s 75th anniversary programme and during the UK’s National Year of Reading. Continue reading...