The assassination of the Congo’s first prime minister has been shrouded in mystery – but the impending trial of a Belgian diplomat may provide answers Don’t get The Long Wave delivered to your inbox? Sign up here Patrice Lumumba was assassinated more than 60 years ago, but his killing still hangs over the Democratic Republic of the Congo. Even for non-Congolese Africans, some born years after Lumu...
The assassination of the Congo’s first prime minister has been shrouded in mystery – but the impending trial of a Belgian diplomat may provide answers Don’t get The Long Wave delivered to your inbox? Sign up here Patrice Lumumba was assassinated more than 60 years ago, but his killing still hangs over the Democratic Republic of the Congo. Even for non-Congolese Africans, some born years after Lumumba’s death, his killing symbolises something traumatic – the suffocation of the pan-African liberation dream by western colonial forces. Last week, after decades of avoidance and denial, there was an extraordinary development. A Belgian court ruled that a former Belgian diplomat, 93-year-old Étienne Davignon, will stand trial in connection with the killing. Continue reading...
We just covered the Jim Cramer Stock Portfolio: Top 10 Stock Picks. Apple Inc. (NASDAQ:AAPL) ranks #7 (see the Jim Cramer’s top 5 stock picks in 2026 here). Apple Inc. (NASDAQ:AAPL) is one of the best tech stocks to buy, according to Jim Cramer. He’s consistently repeated his “own it, don’t trade it” mantra for […]
We just covered the Jim Cramer Stock Portfolio: Top 10 Stock Picks. Apple Inc. (NASDAQ:AAPL) ranks #7 (see the Jim Cramer’s top 5 stock picks in 2026 here). Apple Inc. (NASDAQ:AAPL) is one of the best tech stocks to buy, according to Jim Cramer. He’s consistently repeated his “own it, don’t trade it” mantra for […]
Robert Way/iStock Editorial via Getty Images Introduction Back in November, I wrote an article and warned that the era of hyper-growth for PDD Holdings Inc. ( PDD ) was coming to an end, and unfortunately for the shareholders, the market thereafter decided to agree with me, sending the stock down. At the time, I was skeptical regarding Temu’s sustainability, noting how its aggressive tactics remin...
Robert Way/iStock Editorial via Getty Images Introduction Back in November, I wrote an article and warned that the era of hyper-growth for PDD Holdings Inc. ( PDD ) was coming to an end, and unfortunately for the shareholders, the market thereafter decided to agree with me, sending the stock down. At the time, I was skeptical regarding Temu’s sustainability, noting how its aggressive tactics reminded me far too much of the early days of Wish, which did not end well, even though both the results and the stock were surging at some point in 2020. Besides, I said that even a cheap valuation multiple couldn't protect investors from the massive geopolitical risks that weigh on all of the Chinese stocks. Since that analysis, the stock is down by about 20%, as both of my arguments proved to be correct. PDD stock is down together with all of its Chinese peers, and the recent Q4 earnings show the company isn’t doing as well as everyone hoped it would. Data by YCharts PDD missed on both revenue and earnings expectations, with quarterly revenue of RMB123.91 billion and an adjusted EPS of RMB17.69 coming in below what analysts expected to see. While the company did manage a 12% revenue increase for the quarter, the broader trend doesn’t look great, and management decided that it was time to make heavy supply chain investments that they admit will "inevitably affect" financial performance. In this article, I’ll break down this quarter and try to answer the question of whether it is a compelling buying opportunity now, after the stock went down by 20%. “The external environment and competitive landscape are undergoing rapid changes. To meet the evolving needs of consumers, we must continually explore and make investments,” said Ms. Jun Liu, VP of Finance of PDD Holdings. “These investments are firm and long-term, and will inevitably affect our financial performance.” - Earnings Release . Q4 2025 As I already mentioned, total revenues were of RMB123,912.2 million, which was a 12% i...
imaginima/E+ via Getty Images Commercial crude stocks (excluding those in the Strategic Petroleum Reserve) for the week ended March 20: 456.2 M barrels. Crude inventory change: +6.9M barrels vs. +6.2M barrels for the week ended March 13. Consensus estimate: -1.300M. Gasoline inventory change: -2.6M barrels vs. -5.4M barrels for the week ended March 13. Distillates inventory change: +3M barrels vs....
imaginima/E+ via Getty Images Commercial crude stocks (excluding those in the Strategic Petroleum Reserve) for the week ended March 20: 456.2 M barrels. Crude inventory change: +6.9M barrels vs. +6.2M barrels for the week ended March 13. Consensus estimate: -1.300M. Gasoline inventory change: -2.6M barrels vs. -5.4M barrels for the week ended March 13. Distillates inventory change: +3M barrels vs. -2.5M for the week ended March 13. Crude oil futures ( CL1:COM ) -4.1% to $88.5 per barrel. ETFs: ( USO ), ( UCO ), ( SCO ), ( BNO ), ( DBO ), ( USL ). More on Crude Oil Futures, United States Oil Fund LP ETF, etc. Short Term Energy Outlook, March 2026 Is The War Taking A New Turn? - WTI Technical Analysis Why U.S. Energy Stocks And Gold Could Win Big Iran claims U.S. is negotiating with itself; here's what Tehran is demanding Indian refiners secure 60M barrels of Russian oil; Reliance adds 5M barrels of Iranian crude after U.S. waiver
Intuitive Machines ( LUNR ) won a ~$180.4M NASA contract to deliver seven science and tech payloads, including an Australian lunar rover and Blue Origin’s Honeybee Robotics tech, to the Moon’s South Pole. The company will leverage its lunar systems to deliver payloads, with additional commercial capacity expected beyond the CLPS allocation. Looking ahead, the company will work with NASA on IM‑3, I...
Intuitive Machines ( LUNR ) won a ~$180.4M NASA contract to deliver seven science and tech payloads, including an Australian lunar rover and Blue Origin’s Honeybee Robotics tech, to the Moon’s South Pole. The company will leverage its lunar systems to deliver payloads, with additional commercial capacity expected beyond the CLPS allocation. Looking ahead, the company will work with NASA on IM‑3, IM‑4, and IM‑5 missions targeting Mons Malapert near the Lunar South Pole for continuous Earth visibility. Intuitive Machines ( LUNR ) shares surged ~19.6% to ~$21.44 on March 25, following contract news. More on Intuitive Machines Intuitive Machines Earnings: What The Market Is Missing Intuitive Machines, Inc. (LUNR) Q4 2025 Earnings Call Transcript Intuitive Machines: Weak FY25 Results, Strong FY26 Ambitions Intuitive Machines outlines $900M-$1B 2026 revenue target as Lanteris acquisition drives diversification Intuitive Machines shares slip after Q4 results while loss narrows
Artificial intelligence marketing firm Braze emerged Wednesday as a top performer Wednesday, and Goldman Sachs thinks there's even more room to run. The bank updated lowered it price target on the stock to $40 from $45. However, that still implies 122% upside from Tuesday's close. It also maintained its buy rating on the stock. "We continue to view Braze as one of our top picks and believe they ca...
Artificial intelligence marketing firm Braze emerged Wednesday as a top performer Wednesday, and Goldman Sachs thinks there's even more room to run. The bank updated lowered it price target on the stock to $40 from $45. However, that still implies 122% upside from Tuesday's close. It also maintained its buy rating on the stock. "We continue to view Braze as one of our top picks and believe they can sustain accelerated share gains as incumbent providers are burdened by legacy architectures and face challenges delivering on AI promises," analyst Gabriela Borges said Tuesday in a note to clients. Braze surged 19% on Wednesday after it posted fourth-quarter results. Revenue of $205.2 million topped a FactSet consensus of $198.2 million. The company also said it expects to post revenue in the range of $884 million to $889 million through January 2027 versus the $858.2 million expected by analysts polled by FactSet. BRZE 1D mountain Shares of Braze surged early Wednesday. "We believe this quarter signifies that we are out of a multi year stretch of challenged renewal cohorts due to overbuying in 2020-2022 and demonstrates the ROI from product investments that Braze has made over the past few years," Borges said. Analysts in general are bullish on Braze. All 21 who cover the stock rate it a buy or strong buy, according to LSEG.
Max Zolotukhin/iStock via Getty Images Introduction Surge Energy ( SGY:CA ) ( ZPTAF ) is a Canadian oil and gas producer with a very decent output of approximately 23,000 barrels of oil-equivalent per day. With an average WTI oil price below US$60/barrel on a WTI basis in the fourth quarter of 2025, the expectations weren’t very high. But given where the oil price is trading at right now, the firs...
Max Zolotukhin/iStock via Getty Images Introduction Surge Energy ( SGY:CA ) ( ZPTAF ) is a Canadian oil and gas producer with a very decent output of approximately 23,000 barrels of oil-equivalent per day. With an average WTI oil price below US$60/barrel on a WTI basis in the fourth quarter of 2025, the expectations weren’t very high. But given where the oil price is trading at right now, the first quarter could and should be pretty strong despite existing hedge positions. Data by YCharts The Q4 2025 results: Somewhat irrelevant given the current oil price environment In the final quarter of 2025, Surge’s production came in at just under 23,200 barrels of oil-equivalent per day . Fortunately for the company, the majority of the oil-equivalent production actually consisted of oil and natural gas liquids, and the ratio of natural gas in the production mix remains quite low at approximately 12%. As the natural gas price remains low (C$2.23/mcf in Q4 2025, with an average realized price of C$1.75 ), the contribution of the natural gas sales to the total revenue is negligible, at approximately 2%. The company’s total revenue for the entire financial year came in at just under C$572 million , and this is based on an average production rate of roughly 23,500 barrels of oil-equivalent per day, and an average WTI price of just under US$65/barrel. As the income statement below shows, the net revenue came in at almost exactly C$500 million after taking the royalty payments and some small hedging gains into account. Surge Investor Relations The operating expenses and the transportation expenses decreased , and this helped Surge Energy post a very robust result. The bottom line indicates a net income of just over C$40 million for an EPS of C$0.41. This includes a non-cash impairment charge to the tune of C$18.4 million, which impacted the pre-tax result by about 19 cents per share. As Surge is a dividend-paying company, I’m of course very interested in the company’s cash flow pr...
NEW YORK, March 25, 2026 (GLOBE NEWSWIRE) -- BuffBuff has announced the launch of its dedicated Honkai: Star Rail (HSR) top-up service, offering players a more cost-effective and secure way to purchase Stellar Jades and Oneiric Shards. The rollout comes as demand for third-party top-up platforms continues to grow, driven by rising in-game spending and increasing awareness of regional pricing diffe...
NEW YORK, March 25, 2026 (GLOBE NEWSWIRE) -- BuffBuff has announced the launch of its dedicated Honkai: Star Rail (HSR) top-up service, offering players a more cost-effective and secure way to purchase Stellar Jades and Oneiric Shards. The rollout comes as demand for third-party top-up platforms continues to grow, driven by rising in-game spending and increasing awareness of regional pricing differences across official app stores. Why Choose Third-Party HSR Top-Up Platforms While the in-game sho
Franklin Templeton is partnering with Ondo Finance to offer tokenized versions of its ETFs that trade around the clock through crypto wallets, bypassing the brokerage accounts and limited trading hours that have defined fund investing for decades. The products — spanning US equities, fixed income and gold — will initially be available in Europe, Asia-Pacific, the Middle East and Latin America. Fra...
Franklin Templeton is partnering with Ondo Finance to offer tokenized versions of its ETFs that trade around the clock through crypto wallets, bypassing the brokerage accounts and limited trading hours that have defined fund investing for decades. The products — spanning US equities, fixed income and gold — will initially be available in Europe, Asia-Pacific, the Middle East and Latin America. Franklin said US availability depends on further regulatory clarity around how third parties can distribute registered funds on-chain. Under the arrangement, Ondo will purchase shares of the Franklin ETFs and issue tokens through a special-purpose vehicle that passes through the financial exposure to holders. Investors own rights to the return stream rather than the underlying shares — a structure that frees the tokens to be used as collateral or plugged into decentralized finance applications in ways that registered fund shares cannot. The initiative is aimed at a growing class of investors who operate entirely through crypto wallets and stablecoins and have no interaction with traditional brokerages — an investor base the two companies believe is large enough to justify building dedicated products for, rather than trying to pull into existing infrastructure. Ondo’s market makers will provide liquidity for the tokens, including during hours when stock and bond markets are closed. The five funds slated for tokenization include a growth-oriented US equity strategy ( FFOG ), a systematic large-cap equity fund ( FLQL ), a gold fund ( FGDL ), a high-yield corporate bond fund ( FLHY ) and an income-focused US equity strategy ( INCE ). Franklin Templeton oversees approximately $1.7 trillion in assets as of February. Ondo Finance, which has roughly $2.7 billion in tokenized assets outstanding, will serve as partner. “You can think of this as a new distribution channel,” said Sandy Kaul , Franklin’s head of innovation. “These ETFs represent a good mix of different exposures. And it gi...
With the war with Iran and the persistent whisper of an artificial intelligence (AI) bubble, the market has been volatile. However, one stock I've bought while some investors have panicked has been Advanced Micro Devices (NASDAQ: AMD) , because the company has an underrated opportunity from agentic AI . While Advanced Micro Devices (AMD for short) plays second fiddle to Nvidia in the graphics proc...
With the war with Iran and the persistent whisper of an artificial intelligence (AI) bubble, the market has been volatile. However, one stock I've bought while some investors have panicked has been Advanced Micro Devices (NASDAQ: AMD) , because the company has an underrated opportunity from agentic AI . While Advanced Micro Devices (AMD for short) plays second fiddle to Nvidia in the graphics processing unit (GPU) market, it is the market-share leader in central processing units (CPUs). This market is much smaller than the huge one for GPUs, which provide the power to train large language models (LLMs) and run inference . CPUs, on the other hand, are often referred to as the brain of the computer. Image source: Getty Images. Continue reading
Live cattle futures were 7 to 65 cents higher on Tuesday, with June down a nickel on Tuesday. Open interest was up 1,302 contracts on Tuesday. Cash trade from last week settled in at $235-236 sales in the North and $235 in the South. It has yet to get kicked...
Live cattle futures were 7 to 65 cents higher on Tuesday, with June down a nickel on Tuesday. Open interest was up 1,302 contracts on Tuesday. Cash trade from last week settled in at $235-236 sales in the North and $235 in the South. It has yet to get kicked...
Wheat is showing losses in the three exchanges on Wednesday morning. The wheat complex was higher across the three markets on Tuesday. Chicago SRW futures were up 2 to 3 cents to close out the day. Open interest was up 3,943 contracts on Tuesday, mainly in July. KC HRW futures...
Wheat is showing losses in the three exchanges on Wednesday morning. The wheat complex was higher across the three markets on Tuesday. Chicago SRW futures were up 2 to 3 cents to close out the day. Open interest was up 3,943 contracts on Tuesday, mainly in July. KC HRW futures...
Lean hog futures were 52 cents lower to 25 cents higher on Tuesday. Open interest was down 2,764 contracts on Tuesday. USDA’s national base hog price was reported at $92.62 on Tuesday afternoon, up 66 cents from the day prior. The CME Lean Hog Index was down another 17 cents...
Lean hog futures were 52 cents lower to 25 cents higher on Tuesday. Open interest was down 2,764 contracts on Tuesday. USDA’s national base hog price was reported at $92.62 on Tuesday afternoon, up 66 cents from the day prior. The CME Lean Hog Index was down another 17 cents...