Talos Energy (TALO) shares soared 5.8% in the last trading session to close at $15.48. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6.9% gain over the past four weeks. Talos Energy’s stock surged 5.8% due to a combination of rising crude oil prices and positive analyst sentiment. Escalating geopolitical tensions in t...
Talos Energy (TALO) shares soared 5.8% in the last trading session to close at $15.48. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6.9% gain over the past four weeks. Talos Energy’s stock surged 5.8% due to a combination of rising crude oil prices and positive analyst sentiment. Escalating geopolitical tensions in the Middle East sparked concerns over potential supply disruptions, driving oil prices higher and boosting the outlook for exploration and production companies like Talos Energy. The rally was further supported by strong market momentum, with the stock attracting buyers after reaching a new 52-week high. Additionally, upward price target revisions from analysts at Citigroup and Mizuho reinforced investor confidence, contributing to the sharp gain. This independent oil and gas company is expected to post quarterly loss of $0.33 per share in its upcoming report, which represents a year-over-year change of -650%. Revenues are expected to be $406.08 million, down 20.9% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Talos Energy, the consensus EPS estimate for the quarter has been revised 3.2% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on TALO going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Talos Energy is part of the Zacks Oil and Gas - Exploration and Production - United States industry. HighPeak Energy, Inc. (HPK), another stock in the same industry, closed...
Two Indian-flagged vessels carrying liquefied petroleum gas are making their way through the Strait of Hormuz, taking a route that hews closely to the Iranian coastline, ship-tracking data show. The Jag Vasant and the Pine Gas , two India-flagged very large gas carriers flagged to India, traveled northwards from the UAE coast toward Iran’s Qeshm and Larak islands early Monday, ship-tracking data s...
Two Indian-flagged vessels carrying liquefied petroleum gas are making their way through the Strait of Hormuz, taking a route that hews closely to the Iranian coastline, ship-tracking data show. The Jag Vasant and the Pine Gas , two India-flagged very large gas carriers flagged to India, traveled northwards from the UAE coast toward Iran’s Qeshm and Larak islands early Monday, ship-tracking data show. The two supertankers were signaling Indian ownership instead of a destination, but are likely to be heading to India, which has been facing acute shortages of LPG, used as cooking gas. The pair follow two other Indian-flagged LPG vessels that made the transit earlier this month. Hormuz, a vital waterway, has been all but closed since US and Israeli strikes on Iran began at the end of February. India is among a small group of countries that has secured safe passage for some ships.
Broadcom Inc (ISIN: US11135F1012) shares traded lower on Nasdaq in USD terms following strong Q1 results driven by AI demand. Investors watch the ex-dividend date today while analysts maintain bullish targets. Key for DACH portfolios exposed to US tech. Broadcom Inc stock declined on Nasdaq amid broader market weakness, despite robust Q1 earnings fueled by surging AI chip demand. The semiconductor...
Broadcom Inc (ISIN: US11135F1012) shares traded lower on Nasdaq in USD terms following strong Q1 results driven by AI demand. Investors watch the ex-dividend date today while analysts maintain bullish targets. Key for DACH portfolios exposed to US tech. Broadcom Inc stock declined on Nasdaq amid broader market weakness, despite robust Q1 earnings fueled by surging AI chip demand. The semiconductor giant reported revenue of $19.31 billion, up 29.5% year-over-year, with AI sales jumping 106% to $8.4 billion. Shares moved within a range of $309.92 to $321.51, closing around $313.10 in USD. For DACH investors, this combines attractive yield with exposure to the AI boom, but short-term volatility warrants caution on today's ex-dividend date. As of: 23.03.2026 By Dr. Elena Voss, Senior Semiconductor Analyst – Broadcom's AI networking strength positions it centrally in hyperscaler ecosystems, vital for European tech portfolios navigating US market swings. Recent Earnings Beat Powers AI Narrative Broadcom Inc delivered Q1 results that exceeded expectations, with earnings per share of $2.05 against forecasts of $2.03. Revenue growth stemmed from strong performance in semiconductors and infrastructure software. AI revenue specifically soared, highlighting the company's role in custom accelerators and networking gear for major cloud providers. The guidance for the next quarter points to $22 billion in revenue, including $10.7 billion from AI chips. This outlook reinforces Broadcom's positioning in the high-growth AI segment. Management's comments on potential $100 billion AI revenue by 2027 have sparked investor interest. Post-earnings, shares pulled back below the 200-day moving average due to market jitters. Yet, the fundamentals remain solid, with a new $10 billion share repurchase program signaling confidence. Volume spiked to 43.33 million shares versus an average of 30.87 million. Dividend Ex-Date Draws Income Focus Today Broadcom Inc goes ex-dividend today, March 23, 20...
(RTTNews) - Kyorin Pharmaceutical Co., Ltd. (4569.T), has entered into a licensing agreement with UBE Corp. (UBEOF, 4208.T) for novel drug candidates discovered by UBE, securing exclusive worldwide rights to develop, manufacture, and commercialize the compounds. The agreement includes an upfront payment from Kyorin to UBE, while financial terms were not disclosed. The company said that the UBE wil...
(RTTNews) - Kyorin Pharmaceutical Co., Ltd. (4569.T), has entered into a licensing agreement with UBE Corp. (UBEOF, 4208.T) for novel drug candidates discovered by UBE, securing exclusive worldwide rights to develop, manufacture, and commercialize the compounds. The agreement includes an upfront payment from Kyorin to UBE, while financial terms were not disclosed. The company said that the UBE will be eligible to receive development and regulatory milestone payments tied to progress and approvals, as well as commercial milestone payments based on net sales targets. Royalties on future net sales are also included. The collaboration aims to combine UBE's compound discovery strengths with KYORIN's development expertise to accelerate the delivery of new treatment options for patients with unmet medical needs. Kyorin Pharma is currently trading, 1.71% lesser at JPY 1,605 on the Tokoyo Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
PashaIgnatov/iStock via Getty Images South Korean stocks dropped sharply on Monday, with the KOSPI (KOSPI) experiencing major losses, mainly due to worries about a possible hawkish policy change after Shin Hyun-song became Bank of Korea Governor and escalating Middle East tensions rattled investors. The decision follows the rapidly deteriorating situation in the Strait of Hormuz, with a 48-hour co...
PashaIgnatov/iStock via Getty Images South Korean stocks dropped sharply on Monday, with the KOSPI (KOSPI) experiencing major losses, mainly due to worries about a possible hawkish policy change after Shin Hyun-song became Bank of Korea Governor and escalating Middle East tensions rattled investors. The decision follows the rapidly deteriorating situation in the Strait of Hormuz, with a 48-hour countdown to possible U. S. military action causing a sell-order frenzy. The benchmark KOSPI index fell 5.8% to 5,409.17 points due to rising borrowing costs and crude oil prices above $110. The South Korean won followed the KOSPI’s descent, weakening to 1,508 against the U.S. dollar—its lowest level since the 2008 global financial crisis.. South Korean industrial and tech giants: Samsung Electronics ( SSNLF ) fell 5.0%; SK Hynix ( HXSCL ) retreated 5.56%; Hyundai Motor dropped 4.09% South Korean President Lee Jae-myung has appointed Shin Hyun-song as the next Governor of the Bank of Korea (BOK). A veteran economist renowned for predicting the 2008 global financial crisis, Shin currently serves as the Head of Research at the Bank for International Settlements (BIS). He is set to succeed Rhee Chang-yong when his term concludes on April 20. Shin is expected to pursue a 'balanced' policy framework aimed at stabilizing inflation and growth amidst the severe economic volatility triggered by the escalating U.S.-Iran conflict. More on South Korea markets: Did South Korea Just Pop The AI Bubble? Forget Iran, South Korea Is The Real Threat To Markets Surviving 'Epic Fury' And The Asian Stock Market Crash Japan, South Korea vow to fight forex volatility Hormuz blockade: How countries are responding to the global energy crisis
tupungato/iStock Editorial via Getty Images By Min Joo Kang , Senior Economist, South Korea and Japan Our initial assessment of his policy stance is leaning hawkish On Sunday, the government announced Shin Hyun-Song as its nominee for the governor of the Bank of Korea. Shin, currently serving as an economic advisor at the Bank for International Settlements, has experience in both academia and poli...
tupungato/iStock Editorial via Getty Images By Min Joo Kang , Senior Economist, South Korea and Japan Our initial assessment of his policy stance is leaning hawkish On Sunday, the government announced Shin Hyun-Song as its nominee for the governor of the Bank of Korea. Shin, currently serving as an economic advisor at the Bank for International Settlements, has experience in both academia and policymaking. Though his views will come into closer view at the parliamentary confirmation hearing, Shin’s past remarks, coupled with Korea’s macroeconomic conditions, suggest he will take a relatively hawkish policy stance. Previously, he’s stressed the need for preemptive and firm action to prevent inflation, excessive lending, and financial imbalances. Shin has characterised household debt as a consequence of excessive liquidity and as a potential threat to the economy's underlying fundamentals. Although government initiatives help stabilise inflation in the short term, pressures continue to build. The depreciation of the won amid increasing oil prices is likely to intensify inflationary pressures. Additionally, persistently high household debt levels are among the factors suggesting the new governor may implement interest rate hikes earlier than markets anticipated. We expect a July hike as base case but sooner is possible depending on Middle East situation Government initiatives are helping stabilise inflation in the short term, giving the BoK some time. However, upside risks are growing as the war persists. The depreciation of the won amid increasing oil prices is likely to intensify inflation risks. Thus, we expect Shin to be inclined to implement preemptive measures, most likely in July. With the possibility still low for now, we believe a May hike is not completely off the table if the Middle East situation worsens. We will monitor BoK’s forward guidance at April’s meeting and compare it with February to see how the board’s view has changed. If approved by parliament,...
Enterprise software stocks have come under pressure in 2026 as investors question whether artificial intelligence (AI) could disrupt traditional software-as-a-service (SaaS) models. One of the stocks most adversely affected is Salesforce (CRM +0.20%), with its share price down over 26.6% so far this year (as of March 18). Salesforce's fiscal 2026 (ending Jan. 31, 2026) revenue was up 10% year over...
Enterprise software stocks have come under pressure in 2026 as investors question whether artificial intelligence (AI) could disrupt traditional software-as-a-service (SaaS) models. One of the stocks most adversely affected is Salesforce (CRM +0.20%), with its share price down over 26.6% so far this year (as of March 18). Salesforce's fiscal 2026 (ending Jan. 31, 2026) revenue was up 10% year over year to $41.5 billion. The company also exited the year with $72.4 billion in remaining performance obligations (RPO, contracted revenue yet to be recognized). Of that, the current RPO (expected to be recognized in the next 12 months) was $35.1 billion, up 16% year over year. Hence, it is obvious that the company continues to secure long-term customers and projects, even as the market debates whether AI could weaken traditional software vendors. Growth tailwinds While Wall Street remains concerned about Salesforce's maturing growth, recent data suggests that the company may be entering a new phase of AI-powered expansion. For the fourth quarter, the company reported a 26% increase in deals worth over $1 million and 33% increase in deals exceeding $10 million on a year-over-year basis. Expand NYSE : CRM Salesforce Today's Change ( 0.20 %) $ 0.39 Current Price $ 195.38 Key Data Points Market Cap $180B Day's Range $ 190.00 - $ 195.67 52wk Range $ 174.57 - $ 296.05 Volume 20M Avg Vol 12M Gross Margin 75.28 % Dividend Yield 0.85 % Salesforce's Agentforce platform, which enables businesses to build, manage, and deploy AI agents to perform various tasks, is also scaling rapidly. Combined with its Data 360 offering, a cloud-native data platform that unifies and organizes enterprise data, these products have already reached $2.9 billion in annual recurring revenue (ARR), up 200% year over year. Agentforce alone reached about $800 million in ARR, up 169% year over year. Additionally, more than 60% of Agentforce and Data 360 bookings were from existing customers, highlighting the suc...
The Iran war has raised the risk of a sharp slowdown across Gulf economies, especially if disruption to the Strait of Hormuz continues. Goldman Sachs says Qatar and Kuwait could see deep contractions in a prolonged conflict, with Saudi Arabia and the UAE also facing slower growth. Farouk Soussa, MENA Senior Economist at Goldman Sachs spoke to Bloomberg's Horizons Middle East and Africa anchor Joum...
The Iran war has raised the risk of a sharp slowdown across Gulf economies, especially if disruption to the Strait of Hormuz continues. Goldman Sachs says Qatar and Kuwait could see deep contractions in a prolonged conflict, with Saudi Arabia and the UAE also facing slower growth. Farouk Soussa, MENA Senior Economist at Goldman Sachs spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the likely rebound from the GCC states post war. (Source: Bloomberg)