watch now VIDEO 11:20 11:20 Energy Secretary Chris Wright: We are rapidly eliminating Iran's ability to project power Squawk on the Street HOUSTON — The Trump administration plans to bring additional diesel to the market as fuel prices surge, Energy Secretary Chris Wright told CNBC on Monday. "We do have some ideas on diesel, that we can bring extra diesel to the marketplace," Wright told CNBC's B...
watch now VIDEO 11:20 11:20 Energy Secretary Chris Wright: We are rapidly eliminating Iran's ability to project power Squawk on the Street HOUSTON — The Trump administration plans to bring additional diesel to the market as fuel prices surge, Energy Secretary Chris Wright told CNBC on Monday. "We do have some ideas on diesel, that we can bring extra diesel to the marketplace," Wright told CNBC's Brian Sullivan in an interview. "I think we'll see that happen before too long." Diesel prices have surged about 40% to $5.29 per gallon, the highest level since 2022, as the U.S. war against Iran has triggered the largest oil supply disruption in history. Diesel is used by trucks and freight trains to transport goods to market. Wright said the U.S. is not considering limiting diesel exports as prices rise. "You don't want to interrupt the free flow of energy trades," Wright said. "We refine more oil than we can consume. If we blocked exports, we'd have to turn down our own refineries and produce less oil and less refined products. That wouldn't be productive for the United States, certainly wouldn't be productive for the world." Wright said earlier Monday that emergency oil stockpile releases could reach up to 3 million barrels per day to address the supply disruption triggered by the Iran war. The U.S. will release about 1 million to 1.5 million bpd from its Strategic Petroleum Reserve, Wright said at S&P Global's CERAWeek energy conference in Houston. Emergency stockpile releases could reach nearly 3 million bpd total, he said. "It's going to be between a million and a million and a half barrels a day out of U.S. stocks," Wright said. "And we'll get possibly close to 3 million barrels total." Oil from the U.S. strategic reserve started flowing on Friday afternoon, Wright said. "Japan has also moved quickly, some nations a little bit more slowly," the energy secretary said. More than 30 nations in the International Energy Agency agreed on March 11 to inject 400 million bar...
Who wouldn't want passive income -- money that comes to you with little to no effort required of you? One of the best forms of passive income is dividend income. Healthy and growing dividend-paying stocks will reward shareholders with regular payouts and over time those payouts are likely to grow, often outstripping inflation. Here, then, are two solid dividend payers to consider for your long-ter...
Who wouldn't want passive income -- money that comes to you with little to no effort required of you? One of the best forms of passive income is dividend income. Healthy and growing dividend-paying stocks will reward shareholders with regular payouts and over time those payouts are likely to grow, often outstripping inflation. Here, then, are two solid dividend payers to consider for your long-term portfolio. 1. Otis Worldwide Otis Worldwide (OTIS +0.26%) has specialized in elevators since 1853 -- before the Civil War. It's grown to a recent market value surpassing $30 billion, and its dividend recently yielded 2.1%. If that doesn't sound like a lot, note that it's been growing briskly, with its quarterly payout of $0.42 per share up 8% from the year before and more than doubling over the past five years. Expand NYSE : OTIS Otis Worldwide Today's Change ( 0.26 %) $ 0.21 Current Price $ 79.75 Key Data Points Market Cap $31B Day's Range $ 79.75 - $ 81.11 52wk Range $ 78.25 - $ 105.95 Volume 30K Avg Vol 3.7M Gross Margin 30.55 % Dividend Yield 2.11 % Otis moves about 2.5 billion people daily and makes a lot of its money not just from selling new people-moving systems but also from updating and modernizing existing ones. Recent new-system sales have been growing slowly, but modernizations are in greater demand. Otis has also been buying back a a lot of shares, leading to a total yield for shareholders of 4.7%. The stock's valuation is also attractive, with a recent forward-looking price-to-earnings (P/E) ratio of 18.3 well below the five-year average of 23.4. 2. American Tower American Tower (AMT 2.01%) is another solid dividend-paying stock, with a recent yield of 3.7%. It has been raising that payout over time, too, with the recent total annual payout of $6.89 per share up considerably from $4.53 in 2020 and $2.17 in 2016. Expand NYSE : AMT American Tower Today's Change ( -2.01 %) $ -3.55 Current Price $ 173.24 Key Data Points Market Cap $82B Day's Range $ 173.24 - $ ...
The great thing about dividends is they'll land in your pocket every year no matter what the market or even the particular stock is doing. So you can count on a certain level of income from your portfolio, and importantly, this can add up over time. This means, whether you're an aggressive or cautious investor, dividend paying stocks make a solid addition to your portfolio that you won't regret --...
The great thing about dividends is they'll land in your pocket every year no matter what the market or even the particular stock is doing. So you can count on a certain level of income from your portfolio, and importantly, this can add up over time. This means, whether you're an aggressive or cautious investor, dividend paying stocks make a solid addition to your portfolio that you won't regret -- especially during difficult market environments. Of course, a company could change its policies and drop its dividend payments, but there is a way to minimize that risk. And that's by choosing companies that have a long history of dividend growth. This shows rewarding shareholders is important to them so it's likely they'll continue along that path. You'll find these players on the list of Dividend Kings, or those companies that have lifted their dividends for at least 50 straight years. If you want decades of passive income, two of these stocks look like great choices to buy now and hold forever. 1. Johnson & Johnson Johnson & Johnson (NYSE: JNJ) has increased its dividend for more than 60 years, and the healthcare giant has the financial situation -- thanks to $19 billion in free cash flow -- to keep this growth going. Today, J&J pays an annual dividend of $4.96 per share, representing a yield of 3.1%, and this far surpasses the S&P 500 dividend yield of 1.3%. So it's likely you can count on passive income -- and passive income growth -- well into the future. But you'll also like J&J for its solid earnings track record as well as a new era of revenue growth down the road. J&J spun off its consumer health business last year in an effort to focus its efforts in areas with the strongest growth potential. The company also has made key acquisitions, such as the purchase of heart recovery medical device business Abiomed, and is pushing new medicines through the pipeline too. The efforts are paying off. J&J's innovative medicine and medtech units each reported more than 6% grow...
JHVEPhoto/iStock Editorial via Getty Images Cruise stocks, and by extension the travel industry, are trending higher on Monday, underpinned by lower fuel prices amid hopes for an end to the conflict in the Middle East. With fuel accounting for 10% to 15% of operating expenses, changes in energy prices can meaningfully affect both profitability and share price. As a result, the 70% surge in oil sin...
JHVEPhoto/iStock Editorial via Getty Images Cruise stocks, and by extension the travel industry, are trending higher on Monday, underpinned by lower fuel prices amid hopes for an end to the conflict in the Middle East. With fuel accounting for 10% to 15% of operating expenses, changes in energy prices can meaningfully affect both profitability and share price. As a result, the 70% surge in oil since the end of February resulted in a decline of 13% in Carnival Corp.'s ( CCL ) share price, -11% for Norwegian Cruise Line Holdings ( NCLH ), -7% for Royal Caribbean ( RCL ), and 3% for Viking Holdings, with some of these losses reversed on a 13% drop in oil on Monday. As the only cruise operator among the Big 4 that does not hedge its fuel costs, Carnival Corp. ( CCL ) suffers the most volatility from fluctuations in energy prices. And although operators can mitigate the impact from higher operating costs through higher ticket prices, increased on-board charges, and alternate itineraries, pricing must remain within travelers’ sensitivity to cost, particularly for trips viewed as affordable vacations. While ticket prices have not yet reflected the spike in oil, cost-related actions taken by cruise operators since the beginning of the Iran war include increased daily gratuities and higher beverage packages. Even with these increases, however, cruises retain their value gap to land-based vacations. Across the travel industry, airlines and cruise operators are scoring the biggest gains, followed by the hotel segment with gains of 3% to 4%. More on Carnival Carnival: War And Fuel Costs Ahead Of Earnings Carnival: Why I'm Doubling Down Despite Unhedged Fuel Risk Carnival Corporation: A Low-Risk, Dividend-Yielding 'Buy' For Income Investors Quant snapshot: AAR, Noah Holdings lead strong buys as Blaize, Fractyl Health lag Amid oil price panic, Carnival and Viking are called undervalued by Morgan Stanley
In trading on Monday, trucking shares were relative leaders, up on the day by about 5.9%. Leading the group were shares of Universal Logistics Holdings, up about 13.7% and shares of Saia up about 7.2% on the day. Also showing relative strength are auto dealerships shares, up on the day by about 5.8% as a group, led by America's Car-Mart, trading up by about 14.9% and Camping World Holdings, tradin...
In trading on Monday, trucking shares were relative leaders, up on the day by about 5.9%. Leading the group were shares of Universal Logistics Holdings, up about 13.7% and shares of Saia up about 7.2% on the day. Also showing relative strength are auto dealerships shares, up on the day by about 5.8% as a group, led by America's Car-Mart, trading up by about 14.9% and Camping World Holdings, trading higher by about 11.3% on Monday. VIDEO: Monday Sector Leaders: Trucking, Auto Dealerships The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of SM Energy, down about 6.2% and shares of Vital Energy, off about 6.2% on the day. Also lagging the market Monday are rental, leasing, & royalty shares, down on the day by about 1.8% as a group, led down by VOC Energy Trust, trading lower ...
In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of SM Energy, down about 6.2% and shares of Vital Energy, off about 6.2% on the day. Also lagging the market Monday are rental, leasing, & royalty shares, down on the day by about 1.8% as a group, led down by VOC Energy Trust, trading lower by about 6.1% and Kimbell Royalty Partners, trading lower by about 2.6%. VIDEO: Monday Sector Laggards: Oil & Gas Exploration & Production, Rental, Leasing, & Royalty Stocks The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Maskot Enterprise software names joined Monday's market rally, with Palantir ( PLTR ) and AppLovin ( APP ) leading the pack. Wall Street opened Monday's session with a strong rally as U.S. President Donald Trump said that a deal with Iran could be reached in five days or sooner, even as Iran refuted holding any talks with Washington. Palantir ( PLTR ) and AppLovin ( APP ) had both jumped 5% by noo...
Maskot Enterprise software names joined Monday's market rally, with Palantir ( PLTR ) and AppLovin ( APP ) leading the pack. Wall Street opened Monday's session with a strong rally as U.S. President Donald Trump said that a deal with Iran could be reached in five days or sooner, even as Iran refuted holding any talks with Washington. Palantir ( PLTR ) and AppLovin ( APP ) had both jumped 5% by noon trading. Palantir was boosted after the revelation that its Maven AI system will become an official program of record with the U.S. military. Meanwhile, AppLovin's transformation from a mobile gaming ad network into a broad, AI-driven performance marketing ecosystem has significantly increased its total addressable market. ServiceNow ( NOW ) had inched up 0.5%, and monday.com ( MNDY ) had increased 1.3%. monday.com's stock value has declined nearly 50% year to date. It has recently been hit by class action lawsuits , following a February 9 announcement when monday.com disclosed it "will no longer be discussing our previously provided 2027 targets, but we'll be centering our discussion on our 2026 outlook, which reflects the continued momentum we see across our AI work platform, new product introductions, and upmarket sales motion." Jefferies recently downgraded monday.com to Hold from Buy and slashed its price target to $80 from $260. Docusign ( DOCU ) had perked up 1.5%. Last week, the company reported its fourth quarter fiscal 2026 results and fiscal 2027 outlook, which surpassed estimates across the board. Cybersecurity software names were also trending higher on Monday. CrowdStrike ( CRWD ) was up 1%, Palo Alto Networks ( PANW ) had increased 0.4%, and SentinelOne ( S ) had inched up 0.2%. Cybersecurity stocks could see a catalyst this week stemming from the 2026 RSA Conference in San Francisco. "The increased use of AI has dramatically lowered the cost, skill, and time required to execute sophisticated attacks while massively elevating their scale/precision, enabling...
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is developing a personal artificial intelligence tool for CEO Mark Zuckerberg as part of a broader push to integrate AI into internal operations and enhance productivity, according to a Wall Street Journal report. Per people familiar with...
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is developing a personal artificial intelligence tool for CEO Mark Zuckerberg as part of a broader push to integrate AI into internal operations and enhance productivity, according to a Wall Street Journal report. Per people familiar with...
Karin Fronczke, head of global private equity investments at Fidelity Investments, which is an investor in closely held SpaceX, says Elon Musk's plan to put AI data centers in space makes sense. She speaks on "Bloomberg Tech." (Source: Bloomberg)
Karin Fronczke, head of global private equity investments at Fidelity Investments, which is an investor in closely held SpaceX, says Elon Musk's plan to put AI data centers in space makes sense. She speaks on "Bloomberg Tech." (Source: Bloomberg)
Namibia turned down a bid by billionaire Elon Musk ’s Starlink service to operate in the country, denying the satellite internet provider both a telecommunications service license and access to radio spectrum. The Communications Regulatory Authority of Namibia “resolved to decline” both applications, effectively blocking the US-based firm’s planned rollout of nationwide satellite internet services...
Namibia turned down a bid by billionaire Elon Musk ’s Starlink service to operate in the country, denying the satellite internet provider both a telecommunications service license and access to radio spectrum. The Communications Regulatory Authority of Namibia “resolved to decline” both applications, effectively blocking the US-based firm’s planned rollout of nationwide satellite internet services. The regulator published its decision in a government notice Monday. Starlink, which has no Namibian shareholding, had applied to use frequency bands to provide fixed satellite services across the southwest African nation. It can seek reconsideration of the decision within 90 days under the Communications Act.
With the Fed signaling higher rates for longer, investors should consider ETFs and stocks like VNQI, MLPX, and EQIX that can perform amid persistent inflation
With the Fed signaling higher rates for longer, investors should consider ETFs and stocks like VNQI, MLPX, and EQIX that can perform amid persistent inflation
The U.S. Department of Defense has officially designated Palantir Technologies’ Maven AI system as a program of record, transforming the weapons-targeting platform from experimental technology into a permanent fixture of American military operations and significantly strengthening the company’s position as the Pentagon’s primary AI integrator. Market Reaction Palantir shares have declined 10.53% y...
The U.S. Department of Defense has officially designated Palantir Technologies’ Maven AI system as a program of record, transforming the weapons-targeting platform from experimental technology into a permanent fixture of American military operations and significantly strengthening the company’s position as the Pentagon’s primary AI integrator. Market Reaction Palantir shares have declined 10.53% year to date despite the strategic win, reflecting broader market volatility and suggesting that some of the defense AI narrative may already be priced into the stock’s valuation. The designation represents a structural shift in how the company’s government business will be funded and sustained, moving from ad-hoc contracts to dedicated budget line items with multi-year appropriations. Top Australian Brokers Pepperstone - multi-asset Australian broker - Read our review eToro - Social and copy trading platform - Read our review Get Ahead of the Market Smarter investing starts with better information. The Bull Premium gives you everything you need to grow your wealth and build your future. You will get: Early access to 18 Share Tips - delivered 3 days early A comprehensive weekly market outlook An exclusive complete investing course Sign up today and get your first week free US markets are weighing the long-term revenue visibility this program-of-record status provides against heightened concentration risk in defense spending and ongoing ethical debates around autonomous weapons systems. The stock’s recent weakness indicates that investors may be demanding continuous upside surprises beyond foundational wins like Maven, even as the company cements its role as critical defense infrastructure. Core Details of the Maven Designation According to a memo dated March 9 from Deputy Secretary of Defense Steve Feinberg to senior Pentagon leaders and combatant commanders, the Maven Smart System will be embedded across U.S. military operations with implementation targeted by the end of th...
She and McCullagh exchanged messages just before he posted the stream – he said he was about to "stream the night away" and she said she would try to "sneak a peek at it".
She and McCullagh exchanged messages just before he posted the stream – he said he was about to "stream the night away" and she said she would try to "sneak a peek at it".
A strategic partnership between Brazil’s state-run oil giant Petróleo Brasileiro S.A. - Petrobras PBR and Mexico’s Pemex has been proposed by Brazilian president Luiz Inacio Lula da Silva, aiming to jointly explore oil resources in the Gulf of Mexico, particularly in deepwater regions. The proposal reflects Brazil’s intent to expand its energy influence while leveraging Petrobras’ globally recogni...
A strategic partnership between Brazil’s state-run oil giant Petróleo Brasileiro S.A. - Petrobras PBR and Mexico’s Pemex has been proposed by Brazilian president Luiz Inacio Lula da Silva, aiming to jointly explore oil resources in the Gulf of Mexico, particularly in deepwater regions. The proposal reflects Brazil’s intent to expand its energy influence while leveraging Petrobras’ globally recognized expertise in offshore and deepwater drilling. Leveraging PBR’s Deepwater Expertise Petrobras is widely regarded as a leader in deepwater exploration, with decades of experience operating in technically challenging environments. Lula emphasized that Pemex could significantly benefit from this expertise, especially in exploring reserves at depths of up to 2,500 meters. This collaboration could help unlock untapped reserves in the Gulf, an area where both companies already have operational exposure but varying levels of technical capability. Pemex’s Production Challenges Pemex has been grappling with declining oil output, with production dropping to nearly half of its peak levels from two decades ago. Efforts to revive output have been hindered by limited access to private investment and technological constraints. Mexican president Claudia Sheinbaum has been seeking ways to reinvigorate the country’s oil sector, making this proposed partnership a potentially critical step toward stabilizing production. Expanding Regional Energy Cooperation Petrobras already operates in the Gulf of Mexico through joint ventures, while Pemex continues to pursue complex offshore developments such as the Lakach deepwater gas project. A formal collaboration could enhance operational efficiency and accelerate project timelines for both companies. The partnership also signals a broader trend of increased regional cooperation in Latin America’s energy sector. Strategic Oil Reserves Under Consideration Beyond exploration, Lula also proposed that Brazil consider establishing a strategic oil reserve ...
In an interview with Bloomberg TV , Upstage’s CEO Sung Kim said that the two companies had discussed the potential purchase during AMD CEO Lisa Su’s visit to Seoul, South Korea, last week. South Korean AI startup Upstage is in talks with AMD to purchase up to 10,000 MI355 accelerators. Following Su’s visit, Upstage had already announced it was expanding its partnership with the chip designer in an...
In an interview with Bloomberg TV , Upstage’s CEO Sung Kim said that the two companies had discussed the potential purchase during AMD CEO Lisa Su’s visit to Seoul, South Korea, last week. South Korean AI startup Upstage is in talks with AMD to purchase up to 10,000 MI355 accelerators. Following Su’s visit, Upstage had already announced it was expanding its partnership with the chip designer in an agreement that would see the startup deploy an unknown number of MI355 accelerators to support AI initiatives across Korea, including the development of a sovereign AI model as part of Korea's government-led Proprietary AI Foundation Model project. However, speaking with Bloomberg today (March 23), Kim expanded on some of the details of the partnership, stating: “We have a lot of Nvidia chips in Korea, but we want to diversify to other chips, including AMD’s. That’s why I asked Lisa Su to bring more than 10,000 chips to use in Korea.” He added that Su “kind of agreed” but that the two companies are now negotiating how they are going to deploy the chips in South Korea. Founded in 2020 by Kim, a former head of AI development at Naver, Upstage is focused on building domain-specific language models and document processing for the enterprise. To date, the company has raised $157 million in funding and counts SoftBank Ventures Asia and SK Networks among its investors. In October 2025, Upstage was one of a number of companies Naver said it would partner with for the deployment of some 60,000 Nvidia GPUs across South Korea.
Key Points Acorn Capital sold 225,000 shares of Terns Pharmaceuticals in the fourth quarter for an estimated $5.20 million. Meanwhile, the quarter-end value of the stake increased by $55.74 million, reflecting valuation changes including price movement. The post-transaction holding stood at 1,746,264 shares valued at $70.55 million. Terns Pharmaceuticals now accounts for 23.9% of the fund’s AUM, m...
Key Points Acorn Capital sold 225,000 shares of Terns Pharmaceuticals in the fourth quarter for an estimated $5.20 million. Meanwhile, the quarter-end value of the stake increased by $55.74 million, reflecting valuation changes including price movement. The post-transaction holding stood at 1,746,264 shares valued at $70.55 million. Terns Pharmaceuticals now accounts for 23.9% of the fund’s AUM, making it the largest single position in the portfolio. 10 stocks we like better than Terns Pharmaceuticals › On February 17, 2026, Acorn Capital Advisors reported selling 225,000 shares of Terns Pharmaceuticals (NASDAQ:TERN), an estimated $5.20 million trade based on quarterly average pricing. What happened According to a filing with the Securities and Exchange Commission dated February 17, 2026, Acorn Capital Advisors reduced its position in Terns Pharmaceuticals (NASDAQ:TERN) by 225,000 shares during the fourth quarter of 2025. The estimated value of the trade was approximately $5.20 million, calculated using the average closing price for the quarter. The quarter-end value of the remaining stake reflected market valuation changes. What else to know Acorn Capital Advisors’ Terns Pharmaceuticals holding now represents roughly 24% of its 13F AUM after the recent sale. Top holdings after the filing: NASDAQ:TERM: $70.55 million (23.9% of AUM) NASDAQ:CGON: $46.98 million (15.9% of AUM) NASDAQ:URGN: $33.92 million (11.5% of AUM) NASDAQ:TRVI: $26.85 million (9.1% of AUM) NASDAQ:PBYI: $24.58 million (8.3% of AUM) As of Monday, shares of Terns Pharmaceuticals were priced at $50.08, up a staggering 1,400% over the past year and significantly outperforming the S&P 500’s roughly 15% gain in the same period. Company overview Metric Value Price (as of Monday) $50.08 Market Capitalization $5.5 billion Net Income (TTM) ($94.44 million) Company snapshot Terns Pharmaceuticals develops clinical-stage small-molecule therapies targeting non-alcoholic steatohepatitis (NASH) and obesity, with le...
Qualcomm Incorporated QCOM has been witnessing healthy traction in the automotive segment over the past few quarters. During the first quarter of 2026, the company reported a $1.1 billion in revenues from this segment, up 15% year over year. Its core product strategy involves providing a modular automotive platform that combines Digital Cockpit (infotainment), advanced driver assistance, connectiv...
Qualcomm Incorporated QCOM has been witnessing healthy traction in the automotive segment over the past few quarters. During the first quarter of 2026, the company reported a $1.1 billion in revenues from this segment, up 15% year over year. Its core product strategy involves providing a modular automotive platform that combines Digital Cockpit (infotainment), advanced driver assistance, connectivity that is 5G, telematics and AI compute capabilities inside the vehicle. The platforms that offer these are Snapdragon Cockpit Platform, Snapdragon Ride Flex Platform and Snapdragon Elite platforms. It boasts a worldwide client base that includes leading automakers and technology companies like Volkswagen Group, Toyota, Hyundai Mobis, Leapmotor, Li Auto and several other OEMs. Several technology trends and other factors are driving this adoption. Qualcomm’s full-stack solution reduces complexity for OEMs and streamlines the deployment process. This also locks customers into the ecosystem, making it harder for them to switch. In the connectivity part, Qualcomm dominates in 5G, WiFi and Bluetooth integration, V2X. Along with the connectivity dominance, its growth prowess in edge AI effectively supports features like voice assistants, driver monitoring and autonomous decision systems. These factors are major growth drivers. More than 75 million vehicles are already using Qualcomm Snapdragon Cockpit platforms. Management expects a staggering 35% year over year growth from Automotive in the second quarter of 2026. The growth is driven by growing design wins, new vehicle launches and expansion of ADAS + cockpit integration. How Are Competitors Faring? In the automotive segment, the company faces competition from the NVIDIA Corporation NVDA and Intel Corporation INTC. NVIDIA’s automotive sales in the recent quarter were $604 million, up 6% year over year backed by growing adoption of self-driving platforms. NVIDIA DRIVE solutions include a comprehensive stack of hardware and sof...