PM Images/DigitalVision via Getty Images The SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA: HYMB ) offers investors a tax-advantaged 4.5% dividend yield. HYMB is a solid investment opportunity, a buy, and a particularly interesting choice for investors in taxable accounts facing higher marginal tax rates. HYMB - Overview and Analysis Index and Portfolio HYMB is a high-yield municip...
PM Images/DigitalVision via Getty Images The SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (NYSEARCA: HYMB ) offers investors a tax-advantaged 4.5% dividend yield. HYMB is a solid investment opportunity, a buy, and a particularly interesting choice for investors in taxable accounts facing higher marginal tax rates. HYMB - Overview and Analysis Index and Portfolio HYMB is a high-yield municipal bond index ETF, tracking the Bloomberg Municipal Yield Index (go to 'About this Benchmark' for details). Said index includes relevant dollar-denominated, tax-exempt, muni bonds, subject to a basic set of inclusion criteria. Unlike most high-yield bond indexes, the fund includes sizable investments in quality, investment-grade securities with these accounting for at least 1/3rd of its portfolio. HYMB offers investors diversified exposure to muni bonds, with investments in almost 2,000 of these, and with exposure to dozens of states, several industries. HYMB HYMB HYMB provides diversified exposure to muni bonds . It does not provide diversified exposure to bonds as a whole, as it focuses on a specific bond sub-asset class. In general, I think that diversification is desirable, and prefer broader bond ETFs like the iShares Flexible Income Active ETF ( BINC ). In this particular case, I see the merits of focusing on tax-advantaged investments, and hence ETFs like HYMB, although the benefits here are strongly dependent on the specific circumstances of each individual investor. Risk and Volatility HYMB's underlying index directly sets portfolio weights by credit ratings. Specifically, index weights are as follows: 70% non-investment grade / unrated securities, so BB+ or lower 20% securities rated BBB 10% securities rated A Credit quality for the fund is as follows: HYMB HYMB's portfolio weights seem quite close to those of its index, assuming that the vast majority of its unrated bonds are non-investment grade, as is generally the case. HYMB does lean a bit more quality than i...
Following a long run of disappointment, emerging markets equities finally got their acts in gear last year, as the MSCI Emerging Markets index nearly doubled the S&P 500's performance. That momentum carried into 2026. The developing economies gauge is up 7.4% year to date, while the S&P 500 is off 1.64%. But there's a rub. Stock-picking in countries such as Brazil, China, India, and others is tric...
Following a long run of disappointment, emerging markets equities finally got their acts in gear last year, as the MSCI Emerging Markets index nearly doubled the S&P 500's performance. That momentum carried into 2026. The developing economies gauge is up 7.4% year to date, while the S&P 500 is off 1.64%. But there's a rub. Stock-picking in countries such as Brazil, China, India, and others is tricky because U.S. analysts and the mainstream financial press here are focused on domestic names. On the bright side, exchange-traded funds (ETFs) provide efficient -- and, in many cases, broad -- access to stocks in developing nations. However, these funds aren't cut from the same cloth. The Schwab Fundamental Emerging Markets Equity ETF (FNDE 2.91%) stands as a positive example of that sentiment. For market participants seeking some emerging markets stamps on their investing passports, this ETF is also worth considering today. A fabulous fundamental focus with this ETF As with domestic fare, the most popular emerging markets ETFs are capitalization-weighted index funds, meaning they weight components by market capitalization. This Schwab Emerging Markets ETF, which tracks the RAFI Fundamental High Liquidity Emerging Markets index, marches to the beat of a different, not cap-weighted, drummer. That index focuses on three core principles: cash flow, sales, and shareholder rewards (buybacks and dividends). By no means is that a complex or exotic methodology, but it has the potential to position investors for success. Over the past five years, this ETF thoroughly outpaced the average returns produced in the emerging markets ETF category. There's something else, too, for investors to consider with this emerging market fund. Obviously, it's passively managed because it tracks an index, but there is some activity in that benchmark. A quarter of the index's holdings are rebalanced every quarter in an effort to boost exposure to holdings with value traits, while paring allocations t...
Key Points The Schwab Fundamental Emerging Markets Equity ETF does things differently. That's okay, because this ETF has a knack for outperforming peers. With emerging markets stocks displaying momentum, this ETF warrants attention. 10 stocks we like better than Schwab Strategic Trust - Schwab Fundamental Emerging Markets Equity ETF › Following a long run of disappointment, emerging markets equiti...
Key Points The Schwab Fundamental Emerging Markets Equity ETF does things differently. That's okay, because this ETF has a knack for outperforming peers. With emerging markets stocks displaying momentum, this ETF warrants attention. 10 stocks we like better than Schwab Strategic Trust - Schwab Fundamental Emerging Markets Equity ETF › Following a long run of disappointment, emerging markets equities finally got their acts in gear last year, as the MSCI Emerging Markets index nearly doubled the S&P 500's performance. That momentum carried into 2026. The developing economies gauge is up 7.4% year to date, while the S&P 500 is off 1.64%. But there's a rub. Stock-picking in countries such as Brazil, China, India, and others is tricky because U.S. analysts and the mainstream financial press here are focused on domestic names. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » On the bright side, exchange-traded funds (ETFs) provide efficient -- and, in many cases, broad -- access to stocks in developing nations. However, these funds aren't cut from the same cloth. The Schwab Fundamental Emerging Markets Equity ETF (NYSEMKT: FNDE) stands as a positive example of that sentiment. For market participants seeking some emerging markets stamps on their investing passports, this ETF is also worth considering today. A fabulous fundamental focus with this ETF As with domestic fare, the most popular emerging markets ETFs are capitalization-weighted index funds, meaning they weight components by market capitalization. This Schwab Emerging Markets ETF, which tracks the RAFI Fundamental High Liquidity Emerging Markets index, marches to the beat of a different, not cap-weighted, drummer. That index focuses on three core principles: cash flow, sales, and shareholder rewards (buybacks and dividends). By no means is that a...
Rheinmetall AG expects a swift restart on construction of F126-class frigates for the German Navy with a plan to take over the project that’s currently running behind schedule, the head of the company’s Maritime Systems division told Welt am Sonntag. “We expect to be awarded the contract for the F126 frigate this summer as the general contractor,” Tim Wagner said in an interview. “We want to speed...
Rheinmetall AG expects a swift restart on construction of F126-class frigates for the German Navy with a plan to take over the project that’s currently running behind schedule, the head of the company’s Maritime Systems division told Welt am Sonntag. “We expect to be awarded the contract for the F126 frigate this summer as the general contractor,” Tim Wagner said in an interview. “We want to speed up production times and deliver the first of the six planned frigates in the second half of 2031,” Wagner was cited as saying. The original contractor — Dutch company Damen Naval in Vlissingen — in July reported delays in the delivery of the ships as a result of IT problems, casting a shadow over one of the biggest procurement projects by Germany’s armed forces. To fill the gap, the government plans to purchase four MEKO A-200 class frigates from Kiel-based shipbuilder TKMS AG , the defense ministry announced on March 18. Rheinmetall has expanded its naval division through the acquisition of NVL BV & Co. KG, the military part of the Lürssen Group, which closed this month.
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Why Meta’s Fifth Avenue lease is drawing fresh attention to Vornado Realty Trust (VNO) Meta’s decision to sign a 10 year lease for its New York flagship Meta Lab at Vornado Realty Trust’s 697 Fifth Avenue puts a high profile tenant at the center of Vornado’s Manhattan portfolio. See o...
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Why Meta’s Fifth Avenue lease is drawing fresh attention to Vornado Realty Trust (VNO) Meta’s decision to sign a 10 year lease for its New York flagship Meta Lab at Vornado Realty Trust’s 697 Fifth Avenue puts a high profile tenant at the center of Vornado’s Manhattan portfolio. See our latest analysis for Vornado Realty Trust. The Meta Lab and Le Colonial leases arrive during a softer patch for the stock, with Vornado’s 30 day share price return of 14.53% and year to date share price return of 24.04% declines. Its 3 year total shareholder return of 96.49% points to a much stronger longer term picture than the 32.10% total shareholder return decline over the past year. If you are comparing Vornado’s trajectory with other real asset stories, it can help to widen the lens and scan 27 power grid technology and infrastructure stocks With Vornado trading at US$25.41, alongside an indicated 45.30% intrinsic discount and a 37.74% gap to analyst targets, the key question is whether this weakness signals an opportunity or if the market already reflects future growth. Most Popular Narrative: 32.9% Undervalued Vornado’s most followed narrative pegs fair value at about $37.85 per share, which sits well above the recent $25.41 close and frames the current discount. The analysts have a consensus price target of $37.857 for Vornado Realty Trust based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $46.0, and the most bearish reporting a price target of just $30.0. Read the complete narrative. Want to see what supports that valuation gap? The narrative leans on modest revenue expansion, very slim future margins, and a much higher earnings multiple than today. Curiosities abound. Result: Fair Value of $37.85 (UNDERVAL...
Project Hail Mary author Andy Weir sits down with Christina Ruffini to discuss his bestselling novel-turned-blockbuster starring Ryan Gosling and opening this weekend. Watch Bloomberg This Weekend LIVE every Saturday and Sunday morning: (Source: Bloomberg)
Project Hail Mary author Andy Weir sits down with Christina Ruffini to discuss his bestselling novel-turned-blockbuster starring Ryan Gosling and opening this weekend. Watch Bloomberg This Weekend LIVE every Saturday and Sunday morning: (Source: Bloomberg)
mbbirdy/E+ via Getty Images Wall Street closed the week sharply lower as tensions in the Middle East kept oil prices elevated around $100 per barrel. Meanwhile, the Federal Reserve held interest rates steady, in line with expectations. In addition, U.S. Treasury yields rose significantly this week due to renewed concerns about the near-term path of monetary policy after the Fed’s decision to keep ...
mbbirdy/E+ via Getty Images Wall Street closed the week sharply lower as tensions in the Middle East kept oil prices elevated around $100 per barrel. Meanwhile, the Federal Reserve held interest rates steady, in line with expectations. In addition, U.S. Treasury yields rose significantly this week due to renewed concerns about the near-term path of monetary policy after the Fed’s decision to keep rates steady. For the week, the S&P ( SP500 ) lost -1.9%, while the tech-heavy Nasdaq Composite ( COMP:IND ) dipped -2.1%, and the blue-chip Dow ( DJI ) fell -2.1%. Here’s what caught investor attention this week: Micron ( MU ) fell following the memory maker’s earnings report but has gained more than 321% over the past 12 months. MU reported much stronger-than-expected results and guidance. However, investors took profits after a historic run. Super Micro ( SMCI ) shares plunged after three individuals associated with the server maker, including a co-founder, were indicted by the US Attorney’s Office for allegedly conspiring to smuggle at least $2.5B worth of U.S. AI technology to China. Nebius ( NBIS ) shares jumped after the company announced a major AI infrastructure agreement with Meta ( META ) worth up to $27B over five years, including $12B in dedicated capacity and an option for Meta to buy up to $15B more. Alibaba Group ( BABA ) shares dipped after the Chinese e-commerce giant reported a significant Q4 miss on both revenue and profit, raising concerns over the effectiveness of its heavy AI investments. The firm reported a 67% drop in quarterly net income as total revenue rose only 1.7% to RMB 284.84B ($41.3B). Alibaba ( BABA ) has pledged more than $53B in AI investment over several years, outpacing domestic peers. Macy’s ( M ) reported stronger-than-expected earnings, driven in part by approximately 10% comparable sales growth at Bloomingdale’s, its higher-end department store banner. The brand has been outperforming due to stronger demand from more affluent consu...
In Georgia, a woman was charged with murder after allegedly taking pills to induce a termination. Yet America happily drops bombs on children abroad How many children has the US helped kill this week in the Middle East? It’s hard to keep track, but Unicef reports that more than 1,800 children in the region have been killed or injured since the US and Israel started a war with Iran on 28 February. ...
In Georgia, a woman was charged with murder after allegedly taking pills to induce a termination. Yet America happily drops bombs on children abroad How many children has the US helped kill this week in the Middle East? It’s hard to keep track, but Unicef reports that more than 1,800 children in the region have been killed or injured since the US and Israel started a war with Iran on 28 February. In Lebanon, a US-backed Israel is killing or wounding a classroom’s worth of children every day, Unicef’s deputy executive director told Reuters . That’s just after killing more than 20,000 children in Gaza in two years, all with the help of US taxpayer dollars. The assault on freedom with Mehdi Hasan and Arwa Mahdawi On Monday 8 June, join Mehdi Hasan and Arwa Mahdawi to discuss the current seismic changes in geopolitics, the alarming rise of populism and nationalism, and its global implications. Live in London and livestreamed worldwide. Book tickets here or at guardian.live Continue reading...
The sweetness of a pea is more than just a desirable taste; it’s an indication of a pea picked at the perfect moment. As the sugars convert into starch, peas lose their sweetness rapidly after picking, leading to a less sweet, more fibrous and lower-quality product. The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more. That’...
The sweetness of a pea is more than just a desirable taste; it’s an indication of a pea picked at the perfect moment. As the sugars convert into starch, peas lose their sweetness rapidly after picking, leading to a less sweet, more fibrous and lower-quality product. The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more. That’s why high-quality peas are picked, blanched and frozen as quickly as possible, usually all within two and a half hours. That said, other factors such as soil, seed quality, transportation and a stable freezer temperature all affect a frozen pea’s quality. All the peas scored well for taste, but their texture was rather more varied. To measure the sweetness of the peas, I used a Brix refractometer, a tool designed for measuring the sugar content of fruit and veg. I awarded an extra point to peas with a Brix rating of 10 or more. I also scored them on cost, country of origin and organic status. The best supermarket frozen peas Best overall: M&S British garden peas ★★★★☆ Bright green peas with a firm texture, a sweet, floral flavour and the grower (East Coast Viners) clearly labelled on the packet. Packed and frozen within 90 minutes, which contributes to their superb texture and 10.7 Brix sweetness. Best bargain: Asda garden peas ★★★★☆ A sweet, bright green British pea with a well-balanced, quintessentially pea-y flavour – alive, fruity and with a soft texture. Very small to medium in size and well frozen; at 10.8, among the highest Brix ratings in this test, too. And the rest … Sainsbury’s garden peas ★★★★☆ Small to medium-sized, sweet, ripe British peas. In good condition, plump and with only a few splits. Taut, fresh-looking skins once cooked, and al dente with a distinct, aromatic, fresh flavour and a strong 10.5 Brix score. Co-op British garden peas ★★★★☆ A perfect batch of small to medium-sized frozen peas, all ripe, plump and in great condition. A clean, firm bite, a ...
“China’s real interest is true, stable multipolarity,” Columbia University professor Jeffrey Sachs told a seminar in Beijing on Friday, urging India not to become a pawn in a US game to hold China back. “I believe that China should, after some discussion and negotiation, support India as the sixth permanent member of the Security Council,” Sachs told the gathering hosted by the Centre for China an...
“China’s real interest is true, stable multipolarity,” Columbia University professor Jeffrey Sachs told a seminar in Beijing on Friday, urging India not to become a pawn in a US game to hold China back. “I believe that China should, after some discussion and negotiation, support India as the sixth permanent member of the Security Council,” Sachs told the gathering hosted by the Centre for China and Globalisation, a Beijing-based think tank. Advertisement He called for the two Asian giants to “settle the old British score and recognise that they achieve a great commonality of interests” to become two stabilisers of the whole world system. Sachs was referring to a disputed Himalayan border between the two countries, the legacy of century-old British colonial-era border agreements. The dispute has long been a source of hostility between Beijing and New Delhi, which erupted into bloodshed in the Galwan Valley six years ago Advertisement Sachs, an advocate for multilateralism and a staunch critic of US President Donald Trump’s policies, also said the United Nations should base a major operation in Beijing to transform it into a truly global body.
In this article 7201.T-JP HMC TM Follow your favorite stocks CREATE FREE ACCOUNT Nissan's logo is illuminated on a prototype of its new all-electric Ariya crossover. Nissan's Z Proto performance car is reflected in the vehicle's grille, while a redesigned Nissan Pathfinder SUV sits in the background. Michael Wayland / CNBC Nissan Motor plans to introduce a new type of hybrid to the U.S. market tha...
In this article 7201.T-JP HMC TM Follow your favorite stocks CREATE FREE ACCOUNT Nissan's logo is illuminated on a prototype of its new all-electric Ariya crossover. Nissan's Z Proto performance car is reflected in the vehicle's grille, while a redesigned Nissan Pathfinder SUV sits in the background. Michael Wayland / CNBC Nissan Motor plans to introduce a new type of hybrid to the U.S. market that drives like an all-electric vehicle but is powered — not driven — by a traditional gas-powered engine. The new Nissan "e-Power" is called a series hybrid. It uses the engine as a generator to power the vehicle's electric motors that then propel the vehicle. It operates like emerging extended-range electric vehicles, or EREVs, but has a smaller battery and doesn't require a plug. It's also different from a traditional hybrid, such as the Toyota Prius , because the gas engine in those vehicles is used to propel the vehicle. The series hybrid's engine just keeps the battery charged to power the electric motors in the vehicles. The e-Power hybrid system for Nissan is planned to launch domestically later this year in a new version of its popular Rogue compact SUV. Timing for such a vehicle could be ideal for Nissan with climbing gas prices , slower-than-planned adoption of EVs and an expected surge in hybrid sales amid new entries, according to officials. After losing billions of dollars on EVs, automakers such as Nissan are turning to hybrid vehicles to meet customer expectations for fuel economy and to help with driving performance. S&P Global Mobility expects hybrids in the U.S. this year to increase to 18.4% of new vehicle sales, up from 12.6% last year and 7.3% in 2023. It's forecasting pure EVs, meanwhile, will be 7.1% of new vehicle sales, down from 8% last year. "This is a unique powertrain for the for the U.S.," Kurt Rosolowsky, Nissan North America vehicle evaluation and test engineer, said during a media briefing. "This is an electrically driven vehicle, as far as w...
One of the leading conversational AI companies specializing in voice-enabled AI-driven business solutions, SoundHound AI (NASDAQ:SOUN), is trading at $6.96, down 30% year-to-date, even as the company just posted its strongest quarter ever and unveiled a new product at NVIDIA GTC 2026. That tension is exactly what retail investors are wrestling with right now. The ... SoundHound Grew Revenue 59% bu...
One of the leading conversational AI companies specializing in voice-enabled AI-driven business solutions, SoundHound AI (NASDAQ:SOUN), is trading at $6.96, down 30% year-to-date, even as the company just posted its strongest quarter ever and unveiled a new product at NVIDIA GTC 2026. That tension is exactly what retail investors are wrestling with right now. The ... SoundHound Grew Revenue 59% but Its Stock Is Down 30% This Year
Super Micro Computer’s (SMCI) stock is collapsing, with shares plunging 27% in Thursday morning trading after federal prosecutors charged co-founder Yih-Shyan “Wally” Liaw, Ruei-Tsang “Steven” Chang, and Ting-Wei “Willy” Sun with operating a $2.5 billion smuggling scheme involving banned AI GPUs and servers to China. The U.S. indictment alleges the group violated export controls by routing high-pe...
Super Micro Computer’s (SMCI) stock is collapsing, with shares plunging 27% in Thursday morning trading after federal prosecutors charged co-founder Yih-Shyan “Wally” Liaw, Ruei-Tsang “Steven” Chang, and Ting-Wei “Willy” Sun with operating a $2.5 billion smuggling scheme involving banned AI GPUs and servers to China. The U.S. indictment alleges the group violated export controls by routing high-performance hardware (believed to be Nvidia (NVDA) GPUs) through Southeast Asian shell companies. This bombshell lands atop SMCI’s already checkered past, including a 2020 SEC settlement for widespread accounting violations involving premature revenue recognition and understated expenses. Rebuilding trust may prove nearly impossible. The big question, though, is whether this stunning implosion positions Dell Technologies (DELL) as the clearest winner in the exploding AI server market? The Alleged Smuggling Operation Prosecutors say SMCI's scheme ran from 2024 into 2025. Liaw, then senior vice president of business development and still a board member, along with Chang (SMCI’s Taiwan general manager) and contractor Sun, allegedly instructed a Southeast Asian company to place massive orders for SMCI servers. Those units which contained restricted chips were repackaged, relabeled with dummy machines, and diverted to China. Tactics reportedly included hair dryers to erase serial numbers and staged inspections to fool authorities. At least $510 million worth of servers reached Chinese destinations, part of a broader $2.5 billion effort. SMCI itself is not charged, but it placed the individuals on leave and cut ties with the contractor. The scandal revives memories of SMCI’s prior accounting troubles, amplifying doubts about governance and long-term viability. Dell’s Competitive Ascendancy in AI Servers While the smuggling allegations grab the headlines, the subtext points to billions in potential business shifting toward Dell. Once a niche player overshadowed by SMCI’s hypergrowth...
baileystock To get past the artificial intelligence-induced bottleneck at the major semiconductor foundries, Tesla ( TSLA ) is building its own semiconductor facility, with the work set to commence this weekend, according to CEO Elon Musk. Musk is known for working on projects that many believed were next to or outright impossible—reusable rockets, the Optimus robot, and, perhaps most infamously, ...
baileystock To get past the artificial intelligence-induced bottleneck at the major semiconductor foundries, Tesla ( TSLA ) is building its own semiconductor facility, with the work set to commence this weekend, according to CEO Elon Musk. Musk is known for working on projects that many believed were next to or outright impossible—reusable rockets, the Optimus robot, and, perhaps most infamously, leading a program to cut U.S. federal government spending. However, given the cost, scale, and complexity of building a semiconductor fab, this could be Musk's most “Herculean task” ever, Morgan Stanley said. Costs “Advanced logic process technology nodes are built upon a foundation of prior nodes, with the steady cadence of Moore’s law driven by those incremental gains,” analysts at the firm wrote in a note to clients. “The further objective of building logic, memory, and packaging from a standing start is even more challenging—and $20 billion plus over multiple years is probably inadequate scale to cover the development costs.” The investment firm has an Equal-Weight rating and a $415 price target on Tesla. For context, Micron Technology ( MU ) announced a new fab in September 2022 in Boise, Idaho. The plant is expected to start shipping chips in the middle of next year, “underscoring the long lead times inherent in leading-edge semiconductor manufacturing,” Morgan Stanley analysts added. In January, Musk suggested Tesla's existing chip suppliers, Samsung Electronics ( SSNLF ), Micron, and Taiwan Semiconductor Manufacturing ( TSM ) cannot supply the EV maker at the levels it needs. It's possible that Tesla may have to raise outside capital to complete the project, given that it had $16.5B in cash on its balance sheet at the end of its most recent fiscal year (it also has an additional $27.5B in short-term investments). Tesla has said that its capex spending plans for 2026 are around $20B, including the expansion of its Optimus robots. Given that the cost of a semiconducto...
phakphum patjangkata/iStock via Getty Images 90% tax rates probably aren't coming back Many in the "Roth only" camp frequently hearken back to an earlier time to observe where tax rates have come down from. Pulling a page out of Ed Slott's excellent book The Retirement Savings Tax Bomb Ticks Louder , we can see on page 28 a tidy historical record of the top marginal rates: Ed Slott Now the top mar...
phakphum patjangkata/iStock via Getty Images 90% tax rates probably aren't coming back Many in the "Roth only" camp frequently hearken back to an earlier time to observe where tax rates have come down from. Pulling a page out of Ed Slott's excellent book The Retirement Savings Tax Bomb Ticks Louder , we can see on page 28 a tidy historical record of the top marginal rates: Ed Slott Now the top marginal rate is always the one highlighted to instill fear in the public. The truth is very few enter into these brackets, especially when planning efficiently with various tax timing strategies regardless of your account mix. However, interesting patterns emerge. The rolling 20s that led to the Great Depression had a very friendly tax environment with a top marginal rate of 25% from 1925 to 1931. This top marginal rate strategy of 25% was led by then Treasury Secretary Andrew Mellon. This was the first time supply-side trickle down-type economics came into the picture. The belief was that less taxes leads to more spending, which ultimately leads to more tax revenue. The wealthy keep more, create more jobs, and it gives the power to private capitalist society to guide the direction of the economy. It's apparent in hindsight that the lower top marginal rates also led to the top echelon of society not pouring everything into industrial capacity, but much of it went into stocks. Back to the 90% era effective tax rates While a top marginal rate over 90% is scary, is it all just fear mongering? Or were the lower brackets draconian as well? Let's take a look : taxpolicycenter.org It turns out the 90+% era wasn't just scary; it was terrifying. Here we can see the lowest rate in 1945 was 23%! In 2026, you don't hit the 22% bracket if married filing jointly until $100,800. irs.gov The lowest rates at 10% after a very generous $32,200 standard deduction for 2026 are some of the best deals of all time. This is why tax experts and CPAs like Ed Slott believe that going heavy into Roth acc...
KE ZHUANG/E+ via Getty Images Oklo: Nuclear Energy Stocks Lose Their Luster Nuclear energy stocks are feeling the heat right now, which is also causing much consternation in the market, no doubt. The growth to value rotation has spurred an outward rotation from speculative stocks, and thus the unprofitable ones in the still nascent nuclear energy industry wouldn't be spared, as investors seek sola...
KE ZHUANG/E+ via Getty Images Oklo: Nuclear Energy Stocks Lose Their Luster Nuclear energy stocks are feeling the heat right now, which is also causing much consternation in the market, no doubt. The growth to value rotation has spurred an outward rotation from speculative stocks, and thus the unprofitable ones in the still nascent nuclear energy industry wouldn't be spared, as investors seek solace and safety in value corners of the market. But in recent weeks, the growth to value trade appears to have suffered as well, although technology and growth stocks haven't even come close to recovering their October 2025 peak yet. So clearly, the value rotation trade is clearly giving way to the risk-off sentiments dominating the narrative right now, amidst the ongoing Iranian War and the lack of an obvious off-ramp that could calm investors' nerves. And in this case, then I think speculative stocks like Oklo aren't going to have it easy, with risk-off becoming front and center, and these plays are extremely long duration plays. They will not likely see their thesis pan out through the end of the decade in terms of generating sustainable profitability, if that's what investors are going for. So the quandary right now for Oklo ( OKLO ), I believe, is to convince the market that they have what it takes to execute on the promises that underlie its proposition. Obviously, there's a lot going on under the hood, and the company has also championed the strength of its vertically integrated value chain, one that Oklo believes underpins the long-term bullish secular growth opportunity the investors may not have fully contemplated. Back in my previous Oklo writeup , I presented a timely update due to the momentous agreement with Meta Platforms ( META ) to build a 1.2 GW power campus for Meta's long-term power requirements. The deal is significant, because it augments the company's liquidity position by providing the necessary prepayments, helping to convince the market that Oklo has...
https://www.fotogestoeber.de/iStock via Getty Images Chaince Digital Holdings Inc. ( CD ) is a small digital-finance company that aspires to connect traditional capital markets with blockchain infrastructure. They recently rebranded to the current name in November 2025, as they believe this will better reflect their updated objectives in tokenization, on-chain finance, securities services, and oth...
https://www.fotogestoeber.de/iStock via Getty Images Chaince Digital Holdings Inc. ( CD ) is a small digital-finance company that aspires to connect traditional capital markets with blockchain infrastructure. They recently rebranded to the current name in November 2025, as they believe this will better reflect their updated objectives in tokenization, on-chain finance, securities services, and other tech initiatives. Prior to this pivot, they were Mercurity Fintech Holding Inc. (MFH). And, while management continues setting lofty goals across crypto and AI, I ultimately remain bearish on the stock because I don’t see any tangible revenue growth that could justify its valuation even after its recent decline. Pivoting Digital Fintech Chaince Digital Holdings Inc. is technically a fintech and digital infrastructure company incorporated in the Cayman Islands. They're focused on blockchain, digital assets, artificial intelligence ( AI ), and high-performance computing (HPC), along with financial solutions. It’s worth mentioning that they changed their name from Mercurity Fintech Holding Inc. (MFH), as management believes this will better match the new focus on digital finance innovation. They’re currently based in New York, and I previously covered CD (MFH at the time) last September with a “Sell” rating. Since then, the stock has declined 45.7%, so I thought it was worthwhile updating my thesis on this name. Source: Chaince Digital Holdings Inc. Website. Retrieved March 2026. As a quick recap, CD is a digital-finance microcap that tries to bridge traditional capital markets with blockchain infrastructure. CD now operates under three business segments across 1) blockchain and digital assets, 2) AI and HPC infrastructure, and 3) financial solutions. The first segment is a digital platform for institutions. And basically, they help those types of clients to convert assets into tokens and then manage them. Additionally, CD is set up so that it can tokenize real-world assets...
The funny shape of eggs is the curious lifeblood of Oeuf, the new physics platformer by prolific developer Increpare Games. In a gaming landscape saturated with complex systems dropped into simple games, that grapples with metaphor within straightforward narratives, and that is desperate to bring cinematic sensibilities into gaming, Oeuf only asks that you briefly consider how an egg might move as...
The funny shape of eggs is the curious lifeblood of Oeuf, the new physics platformer by prolific developer Increpare Games. In a gaming landscape saturated with complex systems dropped into simple games, that grapples with metaphor within straightforward narratives, and that is desperate to bring cinematic sensibilities into gaming, Oeuf only asks that you briefly consider how an egg might move as you roll, slide, and hop across its world. That world is realized in crunchy, ’90s-era 3D that brings to mind Ultima and Might and Magic. Like this archaic-seeming style — that Oeuf was released within a month of Resident Evil Requiem is a fun graphical comparison — Oeuf is refreshingly simple. Blown from the nest atop a church steeple, you, a brown-speckled egg, must navigate church grounds, climb up trees, cross sloping roofs, and clamber over jutting bricks to get home. Your nameless egg is unpredictable. Smooth but prone to being overzealous in its haste when on its side; less controllable but more balanced on its end. Much of the challenge in Oeuf comes from positioning yourself, through tiny movements on similarly tiny platforms, to build momentum for a jump and arresting that motion before you tumble to the ground on the other side. When you fall — and you will fall — the game greets you with an “oof.” Being an egg, however, this is rendered as a pleasing “oeuf!” If this is all sounding too Getting Over It with Bennett Foddy, Oeuf is generous with checkpoints that remove much of the grinding irritation of similar games while maintaining the surmountable frustration that makes them satisfying. Those checkpoints create a comfortable rhythm. There is a temptation in games built on repetition and accompanying frustration to keep mounting the difficulty until challenge turns to drudgery. In mixing up the length of sequences with a clever weaving of shorter sections between longer ones, Oeuf creates a rewarding sense of forward motion with a pulsing mix of punishing and m...
The war in the Middle East has created major disruptions to global supplies of nitrogen-based crop nutrients. Now a potentially bigger threat is emerging in another important part of the fertilizer market. The focus since the conflict began has been on urea, a key nitrogen fertilizer used on corn. Prices for the nutrient have surged as the war blocks shipments through the Strait of Hormuz, sending...
The war in the Middle East has created major disruptions to global supplies of nitrogen-based crop nutrients. Now a potentially bigger threat is emerging in another important part of the fertilizer market. The focus since the conflict began has been on urea, a key nitrogen fertilizer used on corn. Prices for the nutrient have surged as the war blocks shipments through the Strait of Hormuz, sending farmers scrambling to procure supplies. What’s been largely overlooked in the chaos is the risk to phosphate fertilizers — key for crops like soybeans, a cornerstone of food production. Read More: Iran Conflict Sparks Global Rush For Critical Fertilizers The Middle East accounts for only about a fifth of global trade for three key phosphate products, according to The Fertilizer Institute . But almost half of the world’s supply of sulfur — which is turned into sulfuric acid for the processing of phosphate fertilizer — comes from countries in the Middle East vulnerable to disruptions in the Strait of Hormuz. The effects along the supply chain could start to be “exponential” if the conflict continues for much longer, once producers work through existing sulfur and sulfuric acid reserves, said Andy Hemphill , who covers sulfuric acid markets for commodity pricing platform ICIS. That’s bad news for the global food supply, which counts on phosphate to support the growth of everything from soybeans to potatoes. The conflict is already raising concerns over inflation and food security. It’s also the latest threat to US farmers, who were already weathering years of high production costs. Nearly 80% of the US’s phosphorus is applied to its soy and corn fields, which in turn are processed both into livestock feed and fuel. Read More: How Iran War Is Disrupting the Food Supply Chain Even before the conflict, supplies of both phosphate and sulfur were already tight. Sulfur prices had surged to record highs, driven in part by demand from the mining industry, which uses sulfuric acid to ...
stockcam/iStock Unreleased via Getty Images Right now, the big debate in the stock market is whether agentic AI, particularly Anthropic’s Claude, will be fully capable of replacing and ripping out legacy enterprise software. While this debate remains to be seen, there’s another shift that’s less ambiguous: that the social media scene is shifting, and in this case it’s out of Snap’s ( SNAP ) favor....
stockcam/iStock Unreleased via Getty Images Right now, the big debate in the stock market is whether agentic AI, particularly Anthropic’s Claude, will be fully capable of replacing and ripping out legacy enterprise software. While this debate remains to be seen, there’s another shift that’s less ambiguous: that the social media scene is shifting, and in this case it’s out of Snap’s ( SNAP ) favor. The disappearing messages company just reported Q4 results. But while financial results appeared fine at first glance, the underlying print showcased a tremendous loss of American users, the latest indication that Snap is losing its cool. Given the vast graveyard of social media trends that have had their moment and faded away into distant memory, Snap, which has lost more than half of its value over the last year, is at great risk. Data by YCharts I last wrote a sell article on Snap in November, when the stock was trading at $8 per share. At the time, Snap was rallying on news of a fresh partnership with Perplexity, where the AI browser committed to paying $400 million to Snap to natively integrate its search within the Snap app. While this deal provides a revenue boost, attention is now shifting to declining user trends and weakening advertiser demand. I’m reiterating my sell rating here. To me, these are the core red flags that Snap faces: Snap is rapidly losing active users in North America. While total global users are growing, Snap is shedding American users quickly - and that’s concerning as these are the highest value users in terms of average ad revenue per user. 60% of the company’s revenue is tied to America, making user retention in this region a critical (and currently failing) metric. Heavy infrastructure costs. For an internet company, Snap’s mid/high 50s adjusted gross margin profile skews on the low side. Its feature-packed apps command high costs which make Snap’s scalability more limited. Weak advertiser demand. CPM rates for Snap are falling; meanwhile,...
SoFi (NASDAQ: SOFI) is down by about 45% from its recent high, despite reporting extremely strong results throughout its business. In this video, I'll take a look at the latest numbers and will also give my thoughts on the recent short-seller report targeting the company. *Stock prices used were the morning prices of March 20, 2026. The video was published on March 21, 2026. Will AI create the wor...
SoFi (NASDAQ: SOFI) is down by about 45% from its recent high, despite reporting extremely strong results throughout its business. In this video, I'll take a look at the latest numbers and will also give my thoughts on the recent short-seller report targeting the company. *Stock prices used were the morning prices of March 20, 2026. The video was published on March 21, 2026. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Should you buy stock in SoFi Technologies right now? Before you buy stock in SoFi Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SoFi Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $494,747!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,094,668!* Now, it’s worth noting Stock Advisor’s total average return is 911% — a market-crushing outperformance compared to 186% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of March 21, 2026. Matt Frankel, CFP has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are una...
ASROCK officially confirms unreleased AMD Ryzen 9 9950X3D2 CPU AMD hasn’t unveiled it, but that hasn’t stopped ASRock AMD has not revealed this CPU, but ASRock has. ASRock has issued a press release confirming that its motherboards “fully support” AMD’s Ryzen 9 9950X3D2 CPU. This processor promises “more cache than ever” and “higher gaming performance” for users. Videocardz were the first to spot ...
ASROCK officially confirms unreleased AMD Ryzen 9 9950X3D2 CPU AMD hasn’t unveiled it, but that hasn’t stopped ASRock AMD has not revealed this CPU, but ASRock has. ASRock has issued a press release confirming that its motherboards “fully support” AMD’s Ryzen 9 9950X3D2 CPU. This processor promises “more cache than ever” and “higher gaming performance” for users. Videocardz were the first to spot this press release. Right now, AMD has not officially unveiled this CPU. However, rumours of its existence have circulated since October 2025. While ASRock has not disclosed the specifications of this CPU, rumours suggest that both CCDs feature AMD’s 3D V-Cache technology. This gives the processor 192 MB of L3 cache. That’s more than any other consumer-grade AMD Ryzen CPU. Today’s Ryzen 9 9950X3D features one CPU CCD with L3 V-Cache, providing 128MB of total L3 cache. (ASRock AMD Ryzen 9 9950X3D2 CPU reveal) ASRock has stated that its motherboards with their 4.03 AM5 BIOS will support AMD’s new X3D2 CPU. This CPU should be AMD’s fastest gaming processor. That said, it is unknown how fast this CPU will be compared with AMD’s existing Ryzen 9000X3D gaming CPUs. Will the extra L3 cache deliver a notable gaming boost when it’s on the CPU’s second CCD? You can join the discussion on ASRock’s AMD Ryzen 9 9950X3D2 CPU reveal on the OC3D Forums.
Robert Way/iStock Editorial via Getty Images Microsoft ( MSFT )-backed artificial intelligence startup OpenAI ( OPENAI ) plans to nearly double its workforce by the end of 2026 in a bid to narrow the gap with rival Anthropic ( ANTHRO ), The Financial Times reported on Saturday. Two people with direct knowledge of the matter said that the company aims to increase its staff count to approximately 8,...
Robert Way/iStock Editorial via Getty Images Microsoft ( MSFT )-backed artificial intelligence startup OpenAI ( OPENAI ) plans to nearly double its workforce by the end of 2026 in a bid to narrow the gap with rival Anthropic ( ANTHRO ), The Financial Times reported on Saturday. Two people with direct knowledge of the matter said that the company aims to increase its staff count to approximately 8,000 from the current 4,500. The new employees would primarily work on product development, engineering, research, and sales, they added. The ChatGPT maker would also double down on its efforts to hire specialists to focus on an initiative called “technical ambassadorship" that helps its business customers make better use of its tools, the people said. The Sam Altman-led firm has also bought a new lease on an office location in San Francisco, expanding its footprint in the city to more than 1M square feet as it looks to add roughly 12 new staffers per day this year. The hiring spree comes as OpenAI's rival, Anthropic—which is backed by Amazon ( AMZN ) and Alphabet's ( GOOG ) ( GOOGL ) Google—is gaining ground among business customers. Citing data from the corporate payments platform Ramp, Axios reported this week that Anthropic ( ANTHRO ) is capturing more than 73% of all spending among companies purchasing AI tools for the first time. About 10 weeks ago, the split was 50/50, and as recently as in December, OpenAI led with a 60% share. More on OpenAI, Anthropic Nadella's Flip-Flop OpenAI's Dilemma Wall Street Lunch: Nvidia Expands Agentic AI Push With OpenClaw Creator White House's AI blueprint contends federal laws should trump states' rights in AI legislation Eightco boosts OpenAI investment by $40M to $90M
If you only looked at the current stock chart for The Trade Desk (TTD +2.47%), you might reasonably assume that the company accidentally deleted the internet or pivoted to selling fax machines in 2026. Down roughly 74% from its 52-week high of $91.45, the stock is hovering in the $23 neighborhood as of March 19. Wall Street is treating this former digital advertising darling like a payphone in a w...
If you only looked at the current stock chart for The Trade Desk (TTD +2.47%), you might reasonably assume that the company accidentally deleted the internet or pivoted to selling fax machines in 2026. Down roughly 74% from its 52-week high of $91.45, the stock is hovering in the $23 neighborhood as of March 19. Wall Street is treating this former digital advertising darling like a payphone in a world full of smartphones. But if you take a step back, ignore the screaming headlines, and actually peek under the hood, the engine isn't smoking at all. In fact, it sounds more like a finely tuned sports car. The great ad agency turf war So, why the massive 58% sell-off over the last year? It hasn't been one giant cliff; it's been a painful tumble down a very long flight of stairs. Over the past 12 months, the company has been battling a perfect storm. Revenue growth slowed down, Amazon started aggressively muscling into its territory, and the rollout of its shiny new AI platform, Kokai, was met with grumbles from users who missed their old manual controls. Toss in a surprise CFO departure last August that sent the stock plunging nearly 40% in a single day, and Wall Street quickly decided that this former highflier was no longer allowed to trade at a premium valuation. The 12% drop this past week? That's just the cherry on top of a terrible sundae. It boils down to a messy, highly public breakup with Publicis Groupe, a massive French advertising agency. Publicis recently told its clients to drop The Trade Desk like a bad habit, claiming that an audit caught the adtech firm sneaking in unauthorized fees. The Trade Desk categorically denied the accusations, pointing out that the auditors were demanding billing data from other The Trade Desk clients. That would violate a slew of confidentiality agreements. Basically, The Trade Desk refused to let Publicis peek at the financial deals offered to its peers and rivals. In my eyes, this looks less like a corporate scandal and more...