Investors have been through countless ups and downs since the start of the year: Positive tech earnings reports and talk of soaring artificial intelligence (AI) demand offered reason for optimism. But worries about AI spending climbing too high, too fast tempered the mood. Since late February, the war in Iran has weighed on investor sentiment, but any signs that the turmoil may soon be over have o...
Investors have been through countless ups and downs since the start of the year: Positive tech earnings reports and talk of soaring artificial intelligence (AI) demand offered reason for optimism. But worries about AI spending climbing too high, too fast tempered the mood. Since late February, the war in Iran has weighed on investor sentiment, but any signs that the turmoil may soon be over have offered the market a boost. All of this has led to the S&P 500 fluctuating from gains to losses multiple times, though the negative momentum won out in the first quarter -- the famous benchmark ended the period down 4.6%. Against this backdrop, you might be wondering if you really should buy stocks now. After all, with the war ongoing, oil prices high, and uncertainty regarding the strength of the U.S. economy, plenty of headwinds remain. Fundstrat's Tom Lee and billionaire Bill Ackman offer an answer to the question that's crystal clear. Continue reading
RQ-180 Spy Drone Reappears Again In Greece As Larissa Air Base Backs U.S. Recon Ops New footage of what appears to be the highly secretive Northrop Grumman RQ-180 stealth surveillance drone has surfaced near Larisa, Greece, according to the aviation outlet The Aviationist . The RQ-180 apparently appeared in daylight hours on approach to landing at Larisa Air Base, home to the Hellenic Air Force’s ...
RQ-180 Spy Drone Reappears Again In Greece As Larissa Air Base Backs U.S. Recon Ops New footage of what appears to be the highly secretive Northrop Grumman RQ-180 stealth surveillance drone has surfaced near Larisa, Greece, according to the aviation outlet The Aviationist . The RQ-180 apparently appeared in daylight hours on approach to landing at Larisa Air Base, home to the Hellenic Air Force’s 110 Combat Wing. The footage offers one of the clearest views yet of the flying-wing spy drone and confirms it is neither the B-2 Spirit nor the B-21 Raider. Screenshot from videos taken by Efthymios Siakaras near Larissa, Greece. (Image credit: The Aviationist/ Efthymios Siakaras ) The aircraft has never been formally acknowledged in detail by the Pentagon, but the designation has circulated in defense reporting since at least 2013. Its core mission is to collect imagery, radar, and signals intelligence in places where a non-stealth drone, such as the Global Hawk, would be too vulnerable. The earliest video of the RQ-180, which could be among the first-ever glimpses of the drone, emerged in late March and was first reported by the local Greek news website OnLarissa. The Aviationist pointed out this latest footage only suggests that " Larissa is in fact being used as a regular forward operating location for the RQ-180 ." Larisa Air Base has already been used for MQ-9 Reaper reconnaissance operations in the region. The base is part of the Eastern Mediterranean support network, where Reuters reported that Western militaries increased their presence last month. The RQ-180's most likely role in the US-Iran conflict is reconnaissance. Tyler Durden Tue, 04/07/2026 - 04:15
Vertical Aerospace validates its core eVTOL technology with a successful piloted transition flight, securing its financial runway for commercialization.
Vertical Aerospace validates its core eVTOL technology with a successful piloted transition flight, securing its financial runway for commercialization.
alexsl Stock index futures were lower on Tuesday as President Donald Trump’s deadline to reopen the Strait of Hormuz approached. S&P 500 futures ( SPX ) slipped -0.13%, Nasdaq 100 futures ( US100:IND ) fell -0.19%, and Dow futures ( INDU ) edged down -0.02%. Trump has given Iran until 8 p.m. Eastern time Tuesday to reopen the Strait of Hormuz, warning that failure to comply could trigger U.S. atta...
alexsl Stock index futures were lower on Tuesday as President Donald Trump’s deadline to reopen the Strait of Hormuz approached. S&P 500 futures ( SPX ) slipped -0.13%, Nasdaq 100 futures ( US100:IND ) fell -0.19%, and Dow futures ( INDU ) edged down -0.02%. Trump has given Iran until 8 p.m. Eastern time Tuesday to reopen the Strait of Hormuz, warning that failure to comply could trigger U.S. attacks on key infrastructure across the country. U.S. Treasury yields were mixed across the curve. The 10-year Treasury yield ( US10Y ) rose 0.2 basis points to 4.35%, while the 2-year yield ( US2Y ) moved up 0.4 basis points to 3.87%. The 30-year yield ( US30Y ) climbed 1.2 basis points to 4.90%. Durable goods orders and consumer credit data are due during market hours. Top gainers in premarket trading included Humana ( HUM ) +11.14%, UnitedHealth Group ( UNH ) +7.69%, and CVS Health ( CVS ) +6.77%. Other notable gainers were Elevance Health ( ELV ) +6.31% and Motorola Solutions ( MSI ) +4.95%. Decliners included Norfolk Southern ( NSC ) -3.34%, Consolidated Edison ( ED ) -3.15%, and FirstEnergy ( FE ) -2.00%. More on markets Volatility Falls On Ceasefire Hopes, Yet Caution Remains Stagflation First, Disinflation Later $100 Oil Won't Sink The U.S. Economy Iran rejects U.S. demands; ceasefire bid breaks down – WSJ Trump threatens to hit Iran ‘extremely hard’ even as war nears end; oil surges, futures dip
Super Micro Computer (SMCI) is under heavy scrutiny after U.S. authorities unsealed an indictment against several associated individuals for allegedly diverting Nvidia powered AI servers to China in violation of export controls, triggering multiple securities class actions. See our latest analysis for Super Micro Computer. The legal headlines have coincided with sharp share price volatility, with ...
Super Micro Computer (SMCI) is under heavy scrutiny after U.S. authorities unsealed an indictment against several associated individuals for allegedly diverting Nvidia powered AI servers to China in violation of export controls, triggering multiple securities class actions. See our latest analysis for Super Micro Computer. The legal headlines have coincided with sharp share price volatility, with a 30 day share price return of about a 30% decline and a 1 year total shareholder return of...
Kenneth Cheung/iStock Unreleased via Getty Images We were not particularly lucky in buy rating of Expedia Group, Inc. ( EXPE ) a few weeks before the Middle East conflict. The company's share price declined by more than 15% (Fig. 1), and, in the meantime, Expedia reported its earnings and provided insights into the travel industry. Despite travel disruption and a negative sentiment towards the ind...
Kenneth Cheung/iStock Unreleased via Getty Images We were not particularly lucky in buy rating of Expedia Group, Inc. ( EXPE ) a few weeks before the Middle East conflict. The company's share price declined by more than 15% (Fig. 1), and, in the meantime, Expedia reported its earnings and provided insights into the travel industry. Despite travel disruption and a negative sentiment towards the industry, Q4 numbers provided good support for our expectations. We are taking advantage of this challenging momentum to re-enter Expedia's shares. For our new readers, we were supportive of the equity story due to 1) outperformance in room nights compared to peers, 2) strong B2B performance, 3) ongoing investments in AI-driven loyalty programs integration, and 4) a valuation discount both on P/E and EV/EBITDA. Mare Ev. Lab Rating Update Fig 1 Expedia Results and Our Positive Stance The company reported Q4 gross bookings, top-line sales, and adjusted results. EBITDA at $27 billion, $3.55 billion, and $848 million, respectively. Room nights grew by 9% in Q4 2025 compared with last year (Fig. 2). In Q4, Expedia reported an EBITDA margin of 23.9%, almost 370 basis points higher than Q4 2024. Thanks to solid FCF generation driven by higher sales and improved operational efficiency, the company's net debt further declined by approximately $1.5 billion. Expedia Q4 results in a Snap Fig 2 Why Are We Still Positive? Starting with Middle East exposure, the company does not break out top-line sales by geography separately. Expedia sales are split 60% in the US and 40% in the Rest of the World (Non-U.S. points of sale - Fig. 3). The Rest of the World accounts for the EU, APAC, and LatAm. If we assume EMEA accounts for 15–20% of the group's sales (even accounting for Trivago), we believe Middle East exposure is a small portion of the company's total sales. It might account for a low single-digit % of Expedia's total top-line sales (≈1–2%). Even if the direct exposure is not material, the ...
Major Chinese tech firms, including Alibaba, are placing large orders for Huawei's new AI chips to support domestic AI capabilities. The bulk purchases reflect an effort to build a homegrown AI technology stack using locally designed semiconductors. This move could influence how AI platforms are developed and supplied within China over time. Alibaba Group Holding, listed as NYSE:BABA, is tying thi...
Major Chinese tech firms, including Alibaba, are placing large orders for Huawei's new AI chips to support domestic AI capabilities. The bulk purchases reflect an effort to build a homegrown AI technology stack using locally designed semiconductors. This move could influence how AI platforms are developed and supplied within China over time. Alibaba Group Holding, listed as NYSE:BABA, is tying this chip demand to its push in proprietary AI services, with the stock last closing at $122.31...
It took years to lure investors back to European stocks. Making them stay is starting to be a challenge. The Iran war has hit euro-area stocks harder than their US peers, with the Euro Stoxx 50 index of blue chips down more than 7% since the start of hostilities, while the S&P 500 Index has fallen less than 4%. The European market is still beating the US this year, but the tide is turning. Meanwhi...
It took years to lure investors back to European stocks. Making them stay is starting to be a challenge. The Iran war has hit euro-area stocks harder than their US peers, with the Euro Stoxx 50 index of blue chips down more than 7% since the start of hostilities, while the S&P 500 Index has fallen less than 4%. The European market is still beating the US this year, but the tide is turning. Meanwhile, a valuation discount Europe enjoyed is vanishing fast, with US stocks experiencing a sharp de-rating of their own that’s closing the gap. The S&P 500 forward price-to-earnings ratio has plunged by about 15% since October, eroded by concerns about artificial intelligence disruption and over-spending on the technology. Worries about private credit have also hit US stocks hard — the software sector in particular. By contrast, the same metric for the broader Stoxx 600 European benchmark is flat over the period. Part of the problem for Europe is the outlook for earnings. Expectations had been trending higher, spurred by faith that fiscal spending and low interest rates were on the way, but those drivers have faded. The European economy and corporate profits are sensitive to oil prices and the days of monetary easing seem to be over. The European Central Bank’s next move will likely be an increase, potentially as early as this month. Almost three hikes are priced in this year, with the energy shock already starting to feed into inflation numbers. “European earnings are unlikely to withstand Iran-driven inflation as well as they did in the 2022 energy shock,” according to Bloomberg Intelligence strategists led by Laurent Douillet . “Slower nominal global growth — 6.6% vs 12.5% in 2022 — reduced pent-up demand, a softer labor market and thinner fiscal support leave companies with less pricing power and little room to defend margins, especially with ex-financials and energy operating margins near a record 12.5%.” Their model points to growth of about 5% for Stoxx 600 earnings pe...
Mixed stock market reaction to president’s comments, while IMF chief warns of inflation and slower growth Business live – latest updates Oil traded at more than $110 a barrel on Tuesday after Donald Trump said all of Iran could be “taken out” in one night . Brent crude, the international benchmark for oil prices, rose by 1% to $111 a barrel. New York light crude rose 2.6% to $115.3 a barrel. Conti...
Mixed stock market reaction to president’s comments, while IMF chief warns of inflation and slower growth Business live – latest updates Oil traded at more than $110 a barrel on Tuesday after Donald Trump said all of Iran could be “taken out” in one night . Brent crude, the international benchmark for oil prices, rose by 1% to $111 a barrel. New York light crude rose 2.6% to $115.3 a barrel. Continue reading...
Recession fears have resurfaced as the Iran war has pushed oil prices to a multiyear high. In turn, investors have rotated away from stocks in favor of safer assets such as U.S. Treasuries. The S&P 500 (SNPINDEX: ^GSPC) is currently 6% below its high, and predication markets traders expect the index to fall even further in the coming months. Yet Wall Street sees buying opportunities across the tec...
Recession fears have resurfaced as the Iran war has pushed oil prices to a multiyear high. In turn, investors have rotated away from stocks in favor of safer assets such as U.S. Treasuries. The S&P 500 (SNPINDEX: ^GSPC) is currently 6% below its high, and predication markets traders expect the index to fall even further in the coming months. Yet Wall Street sees buying opportunities across the technology sector, particularly in two artificial intelligence stocks. Here are the important details. Continue reading