Poste Italiane’s €10.8 billion ($12.5 billion) bid for full control of Telecom Italia moves forward much-needed consolidation that will strengthen Europe’s telecom sector, the phone company’s chief executive officer said in an interview. “The digital business is all about scale,” CEO Pietro Labriola told Francine Lacqua. “You need to move fast and have strong financial backing.” (Source: Bloomberg...
Poste Italiane’s €10.8 billion ($12.5 billion) bid for full control of Telecom Italia moves forward much-needed consolidation that will strengthen Europe’s telecom sector, the phone company’s chief executive officer said in an interview. “The digital business is all about scale,” CEO Pietro Labriola told Francine Lacqua. “You need to move fast and have strong financial backing.” (Source: Bloomberg)
Harrow ( NASDAQ: HROW ) announced on Tuesday that it intends to offer an additional $50M in 8.625% senior unsecured notes due 2030, subject to market and other conditions. The company said the notes will be issued as additional notes under the existing indenture, forming a single series with the $250M of notes issued in September 2025, with identical terms except for issuance date and price. The n...
Harrow ( NASDAQ: HROW ) announced on Tuesday that it intends to offer an additional $50M in 8.625% senior unsecured notes due 2030, subject to market and other conditions. The company said the notes will be issued as additional notes under the existing indenture, forming a single series with the $250M of notes issued in September 2025, with identical terms except for issuance date and price. The net proceeds from the issuance will be used for general corporate purposes, including growth initiatives, product development, and potential strategic investments. Shares +2.16%. More on Harrow Health Harrow Emerging As Dominant Operator In U.S. Ophthalmic Market Harrow, Inc. 2025 Q4 - Results - Earnings Call Presentation Harrow: The Post-Earnings Drop Exposes The Cost Of Growth (Rating Downgrade) Harrow outlines $350M–$365M 2026 revenue goal as sales force expansion and pipeline advances fuel momentum Harrow Health GAAP EPS of $0.17 misses by $0.20, revenue of $89.09M beats by $0.67M
Sean Gallup/Getty Images News Inclusive Capital Partners, an investment firm founded by activist investor Jeff Ubben, has sold its holding in Bayer ( BAYRY ) at a price roughly 25% lower than when it initially disclosed its stake more than three years ago, Bloomberg News reported. According to the terms, San Francisco, California-based Inclusive Capital sold approximately 8.5M shares of the German...
Sean Gallup/Getty Images News Inclusive Capital Partners, an investment firm founded by activist investor Jeff Ubben, has sold its holding in Bayer ( BAYRY ) at a price roughly 25% lower than when it initially disclosed its stake more than three years ago, Bloomberg News reported. According to the terms, San Francisco, California-based Inclusive Capital sold approximately 8.5M shares of the German conglomerate at €37.45 ($43.43) apiece as part of a transaction worth roughly €318M facilitated by JPMorgan Chase ( JPM ). Bayer ( BAYZF ) shares slipped 4% in Germany after the report. Assuming dividends were reinvested, the sale generated a loss of approximately 21% from January 2023, when Inclusive Capital took a stake in the company. In November 2023, Ubben, known among investors as a friendly activist, started to wind down Inclusive Capital after founding the company, which focuses on ESG (environmental, social, and governance) investing, three years ago. More on Bayer Bayer Aktiengesellschaft 2025 Q4 - Results - Earnings Call Presentation Bayer Aktiengesellschaft (BAYRY) Q4 2025 Earnings Call Transcript Bayer Aktiengesellschaft (BAYRY) Q4 2025 Earnings Call Transcript Judge grants preliminary approval to Bayer’s $7.25B Roundup settlement plan Bayer falls as 2026 outlook misses consensus
It’s been a very eventful first few months for Nvidia (NASDAQ:NVDA), but not so much for the stock, which is still consolidating in the $175-190 range. Undoubtedly, it feels like nothing short of a profound breakthrough could nudge shares of Nvidia out of their sidelines channel. Arguably, the company has had more than its fair share ... NVIDIA’s GTC Developments Were Far Bigger Than the Market Re...
It’s been a very eventful first few months for Nvidia (NASDAQ:NVDA), but not so much for the stock, which is still consolidating in the $175-190 range. Undoubtedly, it feels like nothing short of a profound breakthrough could nudge shares of Nvidia out of their sidelines channel. Arguably, the company has had more than its fair share ... NVIDIA’s GTC Developments Were Far Bigger Than the Market Realizes
Scharfsinn86/iStock via Getty Images By Ashutosh Sureka WTI crude oil ( CL1:COM ) is currently trading around $92, down significantly from the recent high of $104 reached just a few sessions ago. This price decline is sudden and sharp, slicing through all four moving averages in one go, and then buying interest returns around $88. WTI has broken below all four key levels of the moving averages fol...
Scharfsinn86/iStock via Getty Images By Ashutosh Sureka WTI crude oil ( CL1:COM ) is currently trading around $92, down significantly from the recent high of $104 reached just a few sessions ago. This price decline is sudden and sharp, slicing through all four moving averages in one go, and then buying interest returns around $88. WTI has broken below all four key levels of the moving averages following the big selloff. The price is currently trading below the 20-period EMA at $92, the first level of resistance. The price is also trading below the 50-period EMA at $94 and the 100-period EMA at $95, forming a channel that the price needs to break back above to shift the short-term bias to neutral. The price is also trading below the 200-period EMA at $94. WTI crude oil price dynamics (February-March 2026) (Source: TradingView) The speed of the drop from $104 to $88 in roughly two sessions is the thing worth focusing on. That kind of vertical move typically reflects forced liquidation rather than orderly selling, and the bounce that followed has been equally sharp, quickly recovering from $88 to $92. But fast bounces after liquidation events do not always hold. The market needs to digest the move and build some consolidation above $90 before any sustained recovery toward the EMAs becomes credible. RSI at 42, with the signal line at 39, is recovering slightly but remains below the 50 midline, keeping the momentum picture soft. Sharp liquidation reverses weeks of gains in two sessions The broader chart context makes the selloff more striking. WTI had been grinding steadily higher from $80 through early March all the way to $104, a move that took nearly three weeks to build. The reversal has removed most of that in approximately 48 hours. Such a disparity between the rally and the fall also serves as a caution that the geopolitical risk premium that fueled the rally has been unwound to some extent. If there are signs of de-escalation in the situation that triggered the i...
tiero/iStock via Getty Images It seems that the inflation dragon will once again return to disrupt the markets, our portfolios, and, importantly, the purchasing power of our precious savings (investments). The war in Iran, which has, among other things, triggered soaring oil prices, will inevitably translate into higher inflation. We still don't have visibility on the level of consequences, but it...
tiero/iStock via Getty Images It seems that the inflation dragon will once again return to disrupt the markets, our portfolios, and, importantly, the purchasing power of our precious savings (investments). The war in Iran, which has, among other things, triggered soaring oil prices, will inevitably translate into higher inflation. We still don't have visibility on the level of consequences, but it is clear that we can forget about reaching a long-term 2% inflation target any time soon. The market also agrees with it by basically eliminating interest rate cut probabilities for the remainder of 2026. The thing is that these dynamics come on top of an already relatively elevated inflation level, which for February 2026 came in at 2.4% (these data points exclude the effects from surging oil prices). Interestingly, exactly the energy component was among the few items that held back the overall CPI from rising even further. Given the magnitude of change in oil prices (including gas, power, and crude oil derivatives), it is a story of not only inflation but also recession, with some of the largest banks already recalibrating the odds for a recession to the upside. The fact that the overall equity market ( SPY ) and certain above-average risk areas of the market, such as leveraged fixed income ( PDO ) and high-growth AI names ( QQQ ), have been selling off is another sign, which confirms that the problem has two sides: inflation and recession. For retirement income investors, all this imposes yet another set of headaches. On the one hand, it would make sense to de-risk (at least on the margin) portfolios from very high-yield names to avoid negative surprises, which might come in case the recession really materializes. On the other hand, sacrificing yield in the moment, when the purchasing power of in-place current income streams is about to face significant headwinds from rising inflation, is not the smartest idea either (e.g., some might not afford it). In this article I w...
GS1 Connect 2026, the annual conference and exhibit hosted by GS1 US, will bring together more than 100 speakers from leading brands, retailers, foodservice operators and distributors, healthcare companies and solution providers to share how GS1 Standards are driving supply chain visibility, innovation and business growth. Participating companies include Amazon, Carhartt, Hanes, Mars, Nestle, Unil...
GS1 Connect 2026, the annual conference and exhibit hosted by GS1 US, will bring together more than 100 speakers from leading brands, retailers, foodservice operators and distributors, healthcare companies and solution providers to share how GS1 Standards are driving supply chain visibility, innovation and business growth. Participating companies include Amazon, Carhartt, Hanes, Mars, Nestle, Unilever, Walmart, and many more. The three-day event will take place June 9-11, 2026, at The Cosmopolit
Smileus/iStock via Getty Images Introduction It has been over a year since I first reviewed the then-existing two Redwood Trust, Inc. ( RWT ), giving a Buy rating to the better of the pair ( article link ). Since then, two more notes have become available; thus, the notes reviewed this time are: Redwood Trust, Inc. 9.125% Senior Notes due 3/1/2029 ( RWTN ). Redwood Trust, Inc. 9.00% Senior Notes D...
Smileus/iStock via Getty Images Introduction It has been over a year since I first reviewed the then-existing two Redwood Trust, Inc. ( RWT ), giving a Buy rating to the better of the pair ( article link ). Since then, two more notes have become available; thus, the notes reviewed this time are: Redwood Trust, Inc. 9.125% Senior Notes due 3/1/2029 ( RWTN ). Redwood Trust, Inc. 9.00% Senior Notes Due 09/01/2029 ( RWTO ). Redwood Trust, Inc. 9.125% Senior Notes due 3/1/2030 ( RWTP ). Redwood Trust, Inc. 9.50% Senior Notes due 12/1/2030 ( RWTQ ). While two Notes might attract investors willing to accept Notes with declining financial backing, I am expanding my previous Hold rating to all four Notes. One reason is the narrow yield spread between these and AAA-rated notes. Redwood Trust Review Data by YCharts Understanding the issuer is the first due diligence step to evaluate the non-payment risks of the preferred stocks or notes in this case. Seeking Alpha describes this mREIT (edited): Redwood Trust, Inc., together with its subsidiaries, operates as a specialty finance company in the United States. The company operates through three segments: Residential Consumer Mortgage Banking, Residential Investor Mortgage Banking, and Investment Portfolio. The Residential Consumer Mortgage Banking segment operates a mortgage loan conduit that acquires residential loans from third-party originators for subsequent sale, securitization, or transfer to its investment portfolio. The Residential Investor Mortgage Banking segment operates a platform that originates business-purpose loans to investors in single-family and multifamily residential properties. The Investment Portfolio segment invests in securities retained from residential consumers. Redwood Trust, Inc. was incorporated in 1994 and is headquartered in Mill Valley, California. This is how the firm describes what they do: Redwood Trust is a leading participant in several distinct areas of housing credit. Our consolidated port...
Broadcom ( NASDAQ: AVGO ) and Carahsoft Technology on Tuesday said that the Defense Information Systems Agency (DISA) awarded them a five-year, $970 million blanket purchase agreement (BPA) to provide uniform pricing and cost transparency for private cloud infrastructure and software to multiple Department of War agencies, including the U.S. Air Force and U.S. Space Force. The BPA, covering VMware...
Broadcom ( NASDAQ: AVGO ) and Carahsoft Technology on Tuesday said that the Defense Information Systems Agency (DISA) awarded them a five-year, $970 million blanket purchase agreement (BPA) to provide uniform pricing and cost transparency for private cloud infrastructure and software to multiple Department of War agencies, including the U.S. Air Force and U.S. Space Force. The BPA, covering VMware Cloud Foundation and other Broadcom solutions, is intended to streamline procurement, enhance cybersecurity, and support AI-enabled applications at the tactical edge. Broadcom and Carahsoft said the contract will also provide agencies with professional services, technical training, and standardized Security Technical Implementation Guides for consistent deployment. AVGO -1.24% premarket to $318.51. Source: Press Release More on Broadcom Broadcom Or Marvell? Choosing Between Stability And Aggressive Growth Broadcom: The 'Utility' Of The AI Era Broadcom: A Valuation Misunderstanding That's Probably Worth A Trillion Broadcom, Carahsoft awarded $970M contract from DISA Broadcom exec says Taiwan Semiconductor is reaching capacity limits - report
My top 10 things to watch Tuesday, March 24 1. We're looking at a lower open this morning as oil prices resumed their rally, pushing global crude benchmark Brent back above $100 a barrel. Yesterday was all about hopes that the Iran war will be resolved after President Donald Trump touted "productive" talks. But we've since seen new attacks, so the conflict is still on. 2. My trusted momentum indic...
My top 10 things to watch Tuesday, March 24 1. We're looking at a lower open this morning as oil prices resumed their rally, pushing global crude benchmark Brent back above $100 a barrel. Yesterday was all about hopes that the Iran war will be resolved after President Donald Trump touted "productive" talks. But we've since seen new attacks, so the conflict is still on. 2. My trusted momentum indicator, the S & P Oscillator , moved to minus 5.2 after yesterday's rally on war resolution optimism. That still indicates an oversold market, but not as bad as before. I actually would've preferred it to stay more oversold. Hard to rally off these levels. We might see a consolidation, barring any new reasons to believe the war will end soon. 3. Chip designer Arm Holdings is hosting its "Arm Everywhere" event this afternoon, where we should hear more about its important place in the world of AI computing. Arm and Club name Nvidia are close partners, as Arm CEO Rene Haas stressed to me last week . We expect the announcement of a new Nvidia-Arm chip today. 4. OpenAI finance chief Sarah Friar is set to join me tonight on "Mad Money." Among the many topics we'll cover: Is the ChatGPT creator closing in on an initial public offering? Potential blockbuster IPOs later this year, from the likes of Elon Musk's SpaceX and OpenAI rival Anthropic, may be one of 2026's biggest market stories. 5. Big call: Bank of America upgraded AI computing provider CoreWeave to buy. The market is doubting the durability of CoreWeave, with shares down more than $100 apiece from their highs. But BofA argued CoreWeave's software stack and strategic alliances with Nvidia and OpenAI are important advantages over other "neoclouds." Analysts also think CoreWeave is financing its massive capex plans prudently. 6. Venture Global's price target at Goldman Sachs was raised to $18.50 from $15. Analysts reiterated their buy rating. I also think this one can be bought as a play on growing U.S. exports of liquefied n...