We send the voice of the dead across space as an act of continuity and care, while on Earth we tally the bodies. Which do we choose to become? Four people are sleeping 19,000 miles from the moon when the voice of Apollo 13’s commander arrives. “Hello, Artemis II. This is Apollo astronaut Jim Lovell. Welcome to my old neighborhood.” Flynn Coleman is an international human rights lawyer, political s...
We send the voice of the dead across space as an act of continuity and care, while on Earth we tally the bodies. Which do we choose to become? Four people are sleeping 19,000 miles from the moon when the voice of Apollo 13’s commander arrives. “Hello, Artemis II. This is Apollo astronaut Jim Lovell. Welcome to my old neighborhood.” Flynn Coleman is an international human rights lawyer, political scientist, and the author of A Human Algorithm Continue reading...
This schmaltzy film about a choir of inmates might make you cry – but in exasperation, frustration and disbelief rather than heartfelt emotion Everyone involved with this feelgood/feelbad prison musical/weepie, and Taiwan’s biggest local box office hit ever, should be put on immediate cinematic probation and banned from film-making until it’s clear they are no longer a danger to the public. Starti...
This schmaltzy film about a choir of inmates might make you cry – but in exasperation, frustration and disbelief rather than heartfelt emotion Everyone involved with this feelgood/feelbad prison musical/weepie, and Taiwan’s biggest local box office hit ever, should be put on immediate cinematic probation and banned from film-making until it’s clear they are no longer a danger to the public. Starting out as merely heavy schmaltz, it resorts to increasingly manipulative tactics to wring out every drop of available emotion from the audience, like some merciless warden during exercise hour. There’s so much theatrical crying in the final stages that the inmates could have floated over the prison walls on the rising tide of their own tears. In a story adapted from 2010 Korean film Harmony , Hui-Zhen (Ivy Chen) has to raise her infant daughter Yun-shi behind bars after murdering her abusive husband. Either this is movie jail or Taiwanese correction facilities are ridiculously plush, as her cell comes with soft-play fittings and supportive cellmates, including former stage diva Yu-ying (veteran singer Judy Ongg, who appeared in Peter Greenaway’s The Pillow Book). Already under pressure from hardass warden Chief Fang (Miao Ke-li) to give up Yun-shi for adoption, Hui-Zhen’s hand is forced when the youngster develops a vision-threatening cataract she can’t afford to treat. Continue reading...
A hearty dish that makes a great get-ahead breakfast for busy mornings My go-to cheat ingredient for a dash of heat is White Mausu’s peanut rāyu – it has a gentler flavour profile than, say, Lao Gan Ma crispy chilli in oil, and works perfectly in this dish of creamy, lemon-spiked beans and eggs. I recommend using jarred white beans for the speediest cook time. For an easy, get-ahead breakfast, mak...
A hearty dish that makes a great get-ahead breakfast for busy mornings My go-to cheat ingredient for a dash of heat is White Mausu’s peanut rāyu – it has a gentler flavour profile than, say, Lao Gan Ma crispy chilli in oil, and works perfectly in this dish of creamy, lemon-spiked beans and eggs. I recommend using jarred white beans for the speediest cook time. For an easy, get-ahead breakfast, make and chill the spinach and beans the night before, then reheat the next morning and crack in the eggs when the beans are piping hot. Continue reading...
Printed circuit boards (PCBs) – unsung core components in all electronic devices – are emerging as the latest source of excitement in China’s chip supply chain, as domestic companies capitalise on surging global demand for artificial intelligence infrastructure to pursue share listings. Victory Giant Technology, a PCB supplier to US chip champion Nvidia, kicked off bookbuilding in Hong Kong on Mon...
Printed circuit boards (PCBs) – unsung core components in all electronic devices – are emerging as the latest source of excitement in China’s chip supply chain, as domestic companies capitalise on surging global demand for artificial intelligence infrastructure to pursue share listings. Victory Giant Technology, a PCB supplier to US chip champion Nvidia, kicked off bookbuilding in Hong Kong on Monday for an initial public offering (IPO) that aims to raise up to HK$17.49 billion (US$2.2...
TrendForce's latest research on the display industry reveals that the foldable smartphone market is expected to see Apple enter as early as the second half of 2026, drawing significant attention to related technological advancements.
TrendForce's latest research on the display industry reveals that the foldable smartphone market is expected to see Apple enter as early as the second half of 2026, drawing significant attention to related technological advancements.
Simplilearn, a global leader in digital upskilling, in collaboration with UC Santa Barbara Professional and Continuing Education (UCSB PaCE), has launched the Agentic AI for Leaders: Systems, Design & Impact program to train professionals with agentic AI capabilities grounded in real-world implementation. The program features live virtual classes with access to session recordings through Simplilea...
Simplilearn, a global leader in digital upskilling, in collaboration with UC Santa Barbara Professional and Continuing Education (UCSB PaCE), has launched the Agentic AI for Leaders: Systems, Design & Impact program to train professionals with agentic AI capabilities grounded in real-world implementation. The program features live virtual classes with access to session recordings through Simplilearn's LMS, complemented by online self-learning (OSL) modules for Microsoft content. The curriculum c
Boost Run, LLC ("Boost Run"), an NVIDIA Cloud Partner ("NCP") and Preferred Cloud Service Provider that has entered into a definitive agreement to merge with Willow Lane Acquisition Corp. ("Willow Lane") (Nasdaq: WLAC) and is expected to trade on the Nasdaq Stock Market LLC ("Nasdaq") under the symbol "BRUN" upon completion of the transaction, today announced it has achieved NVIDIA Exemplar Cloud ...
Boost Run, LLC ("Boost Run"), an NVIDIA Cloud Partner ("NCP") and Preferred Cloud Service Provider that has entered into a definitive agreement to merge with Willow Lane Acquisition Corp. ("Willow Lane") (Nasdaq: WLAC) and is expected to trade on the Nasdaq Stock Market LLC ("Nasdaq") under the symbol "BRUN" upon completion of the transaction, today announced it has achieved NVIDIA Exemplar Cloud on NVIDIA BlackwellTM architecture — one of the most rigorous technical certifications in artificial
Rezolve Joins an Elite Group of Foundational Model Providers Including OpenAI, Anthropic, Meta, xAI, and DeepSeek brainpowa™ Now Empowering Global Brands to Build Custom "Commerce Copilots" on Azure NEW YORK and SEATTLE, April 13, 2026 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a pioneer in commerce-tuned artificial intelligence, today announced the availability of its proprietary brainpowa™ c...
Rezolve Joins an Elite Group of Foundational Model Providers Including OpenAI, Anthropic, Meta, xAI, and DeepSeek brainpowa™ Now Empowering Global Brands to Build Custom "Commerce Copilots" on Azure NEW YORK and SEATTLE, April 13, 2026 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a pioneer in commerce-tuned artificial intelligence, today announced the availability of its proprietary brainpowa™ commerce-tuned model suite in Microsoft’s Microsoft Foundry, enabling brands to build and deploy comm
Follow Steven Cress on Seeking Alpha! Read Steven Cress' Article on Seeking Alpha! This video's transcript was generated by a third party. It is not curated or reviewed and is provided for convenience and information purposes only. The accuracy and completeness of the transcript are not guaranteed. Past performance is no guarantee of future results. Content is offered for information purposes only...
Follow Steven Cress on Seeking Alpha! Read Steven Cress' Article on Seeking Alpha! This video's transcript was generated by a third party. It is not curated or reviewed and is provided for convenience and information purposes only. The accuracy and completeness of the transcript are not guaranteed. Past performance is no guarantee of future results. Content is offered for information purposes only. Unless stated otherwise, any and all individuals participating in the video are third parties that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. Unless stated otherwise, the views or opinions expressed may not reflect those of Seeking Alpha as a whole. The accuracy and completeness of content shared cannot be guaranteed. Seeking Alpha does not take account of your objectives or financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker, US investment advisor, or investment bank. Nicole Benjamin : Hey, everyone. It's Nicole Benjamin, your host here at Seeking Alpha to bring to you another episode of our new series Portfolio Pulse, where, as the name suggests, we're keeping a pulse to all the big financial moves happening in the market. Now, for today's episode, I'm joined by none other than Seeking Alpha's very own Steven Cress, VP of Quantitative Strategy. So, Steve, thank you so much for joining us today. Steven Cress : Thank you so much for organizing it. I really appreciate it. NB : Absolutely. Now, I want to jump in. Tell us a little bit more about your background, all the cool things you've got going on, on Seeking Alpha. Let's hear it. SC : Well, I definitely have a long history in the world of finance. I've been in it for over 30 years. The bulk of my career was spent at Morgan Stanley, where I ran a trading desk in prop strategies. Also headed up International at Northern Trust Global Investments. And in...
Teo Wei Keong/iStock via Getty Images Co-authored by Kody's Dividends The narrative surrounding "AI disruption" has reached a fever pitch in 2026, often leading the market to overlook the value of the "human-in-the-loop" expertise. Many investors have fled legacy service providers, favoring AI-native startups, with the bet that pure automation will render traditional models obsolete. Our thesis is...
Teo Wei Keong/iStock via Getty Images Co-authored by Kody's Dividends The narrative surrounding "AI disruption" has reached a fever pitch in 2026, often leading the market to overlook the value of the "human-in-the-loop" expertise. Many investors have fled legacy service providers, favoring AI-native startups, with the bet that pure automation will render traditional models obsolete. Our thesis is the antithesis of this take. In high-stakes fields like payroll and compliance, we think that a considerable proprietary dataset provides an insurmountable moat. As the year has progressed, the data is beginning to confirm this thesis. That brings us to our focus for today, which is Paychex ( PAYX ). When we last covered it with a Buy rating in February , we liked that PAYX raised its projections for anticipated synergies linked to the Paycor acquisition. We were also encouraged by the growing cross-selling opportunities for the company. PAYX's net debt-to-EBITDA ratio was better than its targeted net leverage ratio. Finally, we thought that shares were attractively valued at the time. A couple of months later, we're reiterating our Buy rating. PAYX's cross-selling success is accelerating its organic growth. The company is further leaning into the AI side of its AI/human-touch business model. PAYX's net debt-to-EBITDA ratio sequentially improved in Q3 2026. Not to mention that the stock's value proposition is now even more convincing. Paychex Continues To Execute Paychex Q3 2026 Earnings Presentation Last week (March 25), PAYX released its earnings report for the fiscal third quarter ended February 28, 2026. The company's total revenue surged 19.9% higher year-over-year to $1.81 billion in the quarter. This topped Seeking Alpha's analyst consensus during the quarter by $30 million. For more perspective, PAYX has now exceeded the analyst consensus for revenue in 17 of the last 20 quarters . What was behind this outsized topline growth for the fiscal third quarter? Just like...
NoDerog/iStock Unreleased via Getty Images Constellation Brands, Inc. ( STZ ) reported the company's fiscal Q4 results from the December-February period on the 8th of April. The beer giant's market share performance remains good, but overall weakness in alcohol consumption continues to weigh on the company. There's not much positive in the overall industry outlook ahead, leading Constellation Bran...
NoDerog/iStock Unreleased via Getty Images Constellation Brands, Inc. ( STZ ) reported the company's fiscal Q4 results from the December-February period on the 8th of April. The beer giant's market share performance remains good, but overall weakness in alcohol consumption continues to weigh on the company. There's not much positive in the overall industry outlook ahead, leading Constellation Brands to withdraw its previous FY2028 financial targets. As the market is already very aware of industry issues, Constellation Brands' stock had a relatively strong positive post-earnings reaction despite notable earnings weakness. I maintained a Hold rating in my previous January article on the stock. The stock has since returned 14%, while the S&P 500 has declined by -2%. My Rating History on STZ (Seeking Alpha) Constellation Brands Q4 Review Alcohol producers' issues have continued, again clearly reflected in Constellation Brands' new fiscal Q4 report . The company reported total revenues of $1.92 billion, reflecting stagnant 0% organic year-on-year growth. Beer category sales grew by 1% to $1.73 billion, while wine & spirits sales declined by 6% organically to $194 million. Comparable operating income declined by 9% to $508 million. STZ Q4'FY26 Earnings Press Release Despite clearly weak growth, Constellation Brands' comparative performance in the beer segment remains impressive. The company even reported slightly positive revenue growth in a very challenging industry backdrop, reflecting a 0.6 percentage point market share gain through growth in the Pacifico, Victorio, and Modelo Chelada brands. Other major breweries have reported clearly more pronounced declines; the Boston Beer Company, Inc. ( SAM ), most recently reported a -4% sales decline; Molson Coors Beverage Company ( TAP ) reported a -3% sales decline; and Anheuser-Busch InBev SA/NV ( BUD ) reported a -6% decline in North American beer volumes. Regardless, declining beer consumption is clearly a major concern fo...
Oracle Customer Edge Summit – Utilities are under pressure to fund massive infrastructure investment while keeping service affordable and proving ROI on every dollar spent. In response, Oracle continues to innovate across its Utilities Industry Suite, delivering a measurable, quantified impact spanning customer, grid, and asset operations. These new and enhanced AI features and open, extensible te...
Oracle Customer Edge Summit – Utilities are under pressure to fund massive infrastructure investment while keeping service affordable and proving ROI on every dollar spent. In response, Oracle continues to innovate across its Utilities Industry Suite, delivering a measurable, quantified impact spanning customer, grid, and asset operations. These new and enhanced AI features and open, extensible technology enable utilities to modernize on their terms—step by step—while achieving better results an
Oracle Customer Edge Summit -- The AI-powered Oracle Utilities Opower platform continues to be the industry standard utilities rely on to navigate mounting industry pressures and maintain grid reliability while improving customer service. The Opower platform brings AI, behavioral science, and other technologies into the utility customer experience. With proven engagement levers, including Home Ene...
Oracle Customer Edge Summit -- The AI-powered Oracle Utilities Opower platform continues to be the industry standard utilities rely on to navigate mounting industry pressures and maintain grid reliability while improving customer service. The Opower platform brings AI, behavioral science, and other technologies into the utility customer experience. With proven engagement levers, including Home Energy Reports (HERs), equity and affordability solutions, behavioral load shaping, proactive alerts, a
OPEC crude production registered a record plunge last month as conflict in the Middle East throttled exports from key members, the group’s data showed. Output from the organization collapsed by 7.88 million barrels a day to 20.79 million a day in March, driven by losses in Iraq, Saudi Arabia, the United Arab Emirates and Kuwait, according to a monthly report from its secretariat seen by Bloomberg ...
OPEC crude production registered a record plunge last month as conflict in the Middle East throttled exports from key members, the group’s data showed. Output from the organization collapsed by 7.88 million barrels a day to 20.79 million a day in March, driven by losses in Iraq, Saudi Arabia, the United Arab Emirates and Kuwait, according to a monthly report from its secretariat seen by Bloomberg News. It’s the steepest drop in data going back to the 1980s. The conflict between a US-Israeli alliance and Iran has shuttered the Persian Gulf’s vital Strait of Hormuz waterway for six weeks, forcing regional producers to shut in output. It has sent prices for products like jet fuel, diesel and gasoline soaring, threatening the global economy with a wave of inflation. International oil futures traded near $102 a barrel in London on Monday, as US President Donald Trump vowed to blockade Iranian flows from Hormuz after failing to reach a diplomatic solution at the weekend, and Tehran threatened retaliation . The report from OPEC’s secretariat appeared to make no references to the strait or its closure. READ: A Frantic Race for Barrels Is Gripping the Global Oil Market The plunge surpasses a drop of 6.28 million barrels in May 2020, when the Organization of the Petroleum Exporting Countries and partners slashed output as global fuel demand collapsed during the Covid-19 pandemic. It’s similar to the assessment in Bloomberg’s monthly survey , published last week. Iraq suffered the biggest decline in March, slumping by 2.56 million barrels a day to 1.63 million a day, according to the report, compiled by the organization’s Vienna-based research department. It was closely followed by Saudi Arabia, down 2.31 million to 7.8 million a day. OPEC reduced estimates for global oil demand in the second quarter by 500,000 barrels a day, though offsetting increases in the second half of the year left the annual level unchanged. Before the war erupted on Feb. 28, key OPEC+ nations had been...
MINNEAPOLIS, April 13, 2026 (GLOBE NEWSWIRE) -- CVRx, Inc. (NASDAQ: CVRX) ("CVRx"), a commercial-stage medical device company focused on developing, manufacturing and commercializing innovative neuromodulation solutions for patients with cardiovascular diseases, today announced certain preliminary unaudited first quarter 2026 financial and operating results.
MINNEAPOLIS, April 13, 2026 (GLOBE NEWSWIRE) -- CVRx, Inc. (NASDAQ: CVRX) ("CVRx"), a commercial-stage medical device company focused on developing, manufacturing and commercializing innovative neuromodulation solutions for patients with cardiovascular diseases, today announced certain preliminary unaudited first quarter 2026 financial and operating results.
When the U.S. and Israeli strikes on Iran began on Feb. 28, travel stocks lost more than $22.6 billion in combined market value in a single session. Dubai and Doha airports closed for days, over 4,000 flights were canceled, and oil surged from roughly $72 per barrel to well above $100. The sector has been in a slow bleed ever since, with cruise lines, vacation operators, and experiential travel co...
When the U.S. and Israeli strikes on Iran began on Feb. 28, travel stocks lost more than $22.6 billion in combined market value in a single session. Dubai and Doha airports closed for days, over 4,000 flights were canceled, and oil surged from roughly $72 per barrel to well above $100. The sector has been in a slow bleed ever since, with cruise lines, vacation operators, and experiential travel companies all taking the kind of damage that looks permanent on the surface but is rarely permanent in practice. A two-week ceasefire was announced on April 8, and travel stocks bounced hard. But history and business fundamentals suggest the sell-off created a real entry point for long-term investors. Here are three names worth considering. Image source: Viking. Continue reading
Vladimir Zakharov/iStock via Getty Images Introduction U.S. small caps have outperformed their large-cap peers so far in 2026, supported by attractive valuations and larger exposure to the U.S. economy, which benefits from energy self-sufficiency amid the war in Iran. In contrast, notably higher valuations and overseas market exposure have been a drag on the S&P 500, resulting in negative returns ...
Vladimir Zakharov/iStock via Getty Images Introduction U.S. small caps have outperformed their large-cap peers so far in 2026, supported by attractive valuations and larger exposure to the U.S. economy, which benefits from energy self-sufficiency amid the war in Iran. In contrast, notably higher valuations and overseas market exposure have been a drag on the S&P 500, resulting in negative returns for the leading U.S. large-cap benchmark. While the gap between small-cap and large-cap valuations has diminished somewhat, it remains sizable, as I will discuss in this article. Coupled with a solid GDP growth outlook for the U.S. economy, I think small-cap outperformance will likely continue. Investors looking to take advantage of this dynamic may want to consider the Schwab US Small-Cap ETF ( SCHA ), which I rate a buy. The bullish investment thesis behind SCHA can be summarized as: SCHA holdings trade at only 18.6x their trailing earnings, notably cheaper relative to the S&P 500. SCHA should see sizable benefits should the U.S. economy manage to achieve a 2% real GDP expansion in the long term, in line with the Fed's latest projections. SCHA's total return outlook stands in the high single digits, principally driven by capital gains thanks to significant retained earnings. Strategy and Key Characteristics SCHA is a passive ETF investing exclusively in U.S. small caps (the benchmark is the Dow Jones U.S. Small-Cap Total Stock Market Index). With over $20 billion in assets under management, SCHA is able to spread its costs quite well, charging a very low 0.04% expense ratio, thus making it an ideal pick for long-term buy-and-hold investors. SCHA's portfolio is quite diversified, with the ETF investing in some 1,729 individual companies . As such, the allocation to SCHA's top ten holdings stands at marginally below 8%, indicating that the ETF comes with less company idiosyncratic risk compared to the S&P 500, which has a circa 37% exposure to its top ten positions . From a...
(RTTNews) - Conagra Brands, Inc. (CAG), a consumer-packaged goods food company, Monday announced that its Chief Executive Officer, Sean Connolly will step down on May 31, after more than a decade of leadership.
(RTTNews) - Conagra Brands, Inc. (CAG), a consumer-packaged goods food company, Monday announced that its Chief Executive Officer, Sean Connolly will step down on May 31, after more than a decade of leadership.
On the surface, it appears that the stock market has been on a tear for the past couple of weeks. Look under the hood, however, and you’ll see that investors are buying but without the enthusiasm that usually marks the start of a major rally. The S&P 500 Index just posted its best weekly advance since November as investors hope the ceasefire with Iran will hold. The broad US equities benchmark clo...
On the surface, it appears that the stock market has been on a tear for the past couple of weeks. Look under the hood, however, and you’ll see that investors are buying but without the enthusiasm that usually marks the start of a major rally. The S&P 500 Index just posted its best weekly advance since November as investors hope the ceasefire with Iran will hold. The broad US equities benchmark closed in the green for seven consecutive days , its longest winning streak since October when it was on a record-setting spree. And it posted a second straight week of more than 3% gains, something it hasn’t done since 2022, rising 7% in that span. All impressive stuff. Yet the market’s internals show investors’ animal spirits are hardly running wild with a risk on-tone. Rather, strong-balance sheet companies are outperforming their weaker peers,tr signaling defensive positioning. Stock rallies like this are rarely driven by high-quality companies at the forefront. “Buying strong balance sheets suggests continued concerns about the market and is a measure of a flight to relative safety,” said Melissa Brown , head of investment decision research at Simcorp. “I would also point out that trading volume is well off its peak in late February, suggesting the move up is on low volume – so any given buyer is likely to have a bigger impact on stock prices.” Risk-on sentiment reversed on Monday following US President Donald Trump ’s threat to blockade the Strait of Hormuz after talks with Iran collapsed over the weekend. Futures on S&P 500 traded down 0.7% at 7:58 a.m. in New York. Read: Iran Sends Warning on Gulf Ports After US Threat to Block Hormuz In another sign of investor skittishness, the market gains have gotten narrow, with fewer than 40% of stocks outpacing the S&P 500 in the last five days, something that’s usually seen in times of stress. Goldman Sachs data on institutional clients showed a clear bias to megacap technology and semiconductor stocks, which are areas where in...
Welcome to our guide to the commodities driving the global economy. Today, reporter Grant Smith looks at US plans to obstruct Iran-linked vessels transiting Hormuz. For the past six weeks, the world has wondered how US President Donald Trump would end Iran’s blockade of the Persian Gulf’s critical chokepoint, the Strait of Hormuz. Few expected the president to respond with a blockade of his own . ...
Welcome to our guide to the commodities driving the global economy. Today, reporter Grant Smith looks at US plans to obstruct Iran-linked vessels transiting Hormuz. For the past six weeks, the world has wondered how US President Donald Trump would end Iran’s blockade of the Persian Gulf’s critical chokepoint, the Strait of Hormuz. Few expected the president to respond with a blockade of his own . But in his signature style, Trump has flipped the narrative, and an American embargo on Iranian exports is due to take effect imminently. After weekend talks in Islamabad failed to yield a diplomatic solution, Trump vowed the US Navy will obstruct “any and all ships trying to enter, or leave, the Strait of Hormuz.” It will “interdict every vessel in International Waters that has paid a toll to Iran,” he warned. The US Central Command specified the measure would apply to vessels that called at or were heading to Iranian ports, not other ships risking passage through the waterway. The threat opens up a whole world of practical and logistical questions, leaving crude traders to wonder how it would be enforced . While Iran has scared fellow Persian Gulf states from shipping through Hormuz by attacking tankers, the Islamic Republic is still exporting — and garnering revenues. Squeezing that flow could prove a formidable task. At the start of the year, the Trump administration successfully blockaded another OPEC member, Venezuela, using roughly a dozen warships and pursuing ships carrying the nation’s crude as far as the Indian Ocean. Following that playbook this time would mean inspecting and interdicting at least some vessels, possibly even boarding and seizing ships with links to Tehran. Such moves could require the use of force. Then there’s the question of what the US would do with the confiscated cargoes. Iran is a much bigger exporter than Venezuela, with greater importance to another geopolitical heavyweight, China — and a much stronger capacity for retaliation, as its sh...
Iran warned it would target all ports in and close to the Persian Gulf if its own shipping hubs are threatened, after US President Donald Trump announced plans for a blockade of Tehran-linked vessels in the Strait of Hormuz. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
Iran warned it would target all ports in and close to the Persian Gulf if its own shipping hubs are threatened, after US President Donald Trump announced plans for a blockade of Tehran-linked vessels in the Strait of Hormuz. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)