Amy Gower, lead metals and mining strategist at Morgan Stanely, says the long-term effects of Middle East current events are more bullish for metals if they bring more stockpiling the long-term. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Amy Gower, lead metals and mining strategist at Morgan Stanely, says the long-term effects of Middle East current events are more bullish for metals if they bring more stockpiling the long-term. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Deal, subject to regulatory approval, would give Bezos firm access to Globalstar’s network of two dozen satellites Amazon said on Tuesday it would acquire a satellite company in an $11.57bn deal, bolstering its own fledgling space business as it looks to take on Elon Musk-led bigger rival Starlink. The deal gives Amazon access to Globalstar’s network of two dozen satellites, boosting the tech gian...
Deal, subject to regulatory approval, would give Bezos firm access to Globalstar’s network of two dozen satellites Amazon said on Tuesday it would acquire a satellite company in an $11.57bn deal, bolstering its own fledgling space business as it looks to take on Elon Musk-led bigger rival Starlink. The deal gives Amazon access to Globalstar’s network of two dozen satellites, boosting the tech giant’s ambitions to challenge SpaceX unit Starlink, which currently has about 10,000 units in orbit. Continue reading...
Kolibri Global Energy Inc. (KGEI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Kolibri Global Energy Inc. (KGEI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
La Marxista: Mamdani Pledges To Open First City-Run Store With Projected $30 Million Initial Cost Authored by Jonathan Turley, Mayor Zohran Mamdani used his “ First 100 Days ” speech this week to announce that he has kept his promise to create a chain of city-run stores . . . by pledging to open one store sometime “next year.” According to the New York Post , the city is planning to make an East H...
La Marxista: Mamdani Pledges To Open First City-Run Store With Projected $30 Million Initial Cost Authored by Jonathan Turley, Mayor Zohran Mamdani used his “ First 100 Days ” speech this week to announce that he has kept his promise to create a chain of city-run stores . . . by pledging to open one store sometime “next year.” According to the New York Post , the city is planning to make an East Harlem location the first store at a cost of $30 million. It will be located in La Marqueta near Park Avenue. It is not clear if La Marqueta will be renamed La Marxista, but it will follow a long line of failed state-operated and city-operated stores. Chicago’s mayor, Brandon Johnson, also pledged such city-run stores . It is notable that the stores received such emphasis by Mamdani. It is not difficult to set up a grocery store, particularly when you run the city that approves permits and compliance conditions. It is not even difficult to set up a money-losing store as long as you have a city budget to pay for it. It is far more difficult to set up an independently sustainable store. In my book, “ Rage and the Republic, ” I discuss the rise of support for socialism and communism among young citizens who have no experience or memory with the failures of such systems in the 20th Century. I specifically discuss Mamdani and his policies. These are calls that are likely to increase with the emerging new economy: With the rise of American socialism, there are new calls for state subsidies and even the establishment of state-run grocery stores in places like Chicago. Past efforts have been colossal failures, including the still-ongoing effort in Kansas City. Over seven years, KC Sun Fresh is gushing money with losses in 2024 at $885,000. The millions lost on this store are on top of the $17 million that the city paid to buy the entire strip mall. By 2025, many of the shelves were entirely bare, while private grocery stores were successfully operating in the area. Despite these fai...
Fotoatelie/iStock Editorial via Getty Images Shares of The Coca-Cola Company ( KO ) have risen 8.4% since I initiated coverage in December 2025. The stock outperformed the S&P 500, which lost 0.4%, but retreated by roughly 7.5% recently, driven by the war. I put an $80.03 price target when I initiated coverage, so the stock price did exceed my expectations. With the Middle East war in play, it bec...
Fotoatelie/iStock Editorial via Getty Images Shares of The Coca-Cola Company ( KO ) have risen 8.4% since I initiated coverage in December 2025. The stock outperformed the S&P 500, which lost 0.4%, but retreated by roughly 7.5% recently, driven by the war. I put an $80.03 price target when I initiated coverage, so the stock price did exceed my expectations. With the Middle East war in play, it becomes interesting to assess how the company is positioned amid a macro-outlook that is termed grim. Coca-Cola Is Defensive But Not Immune Coca-Cola is a defensive stock due to its stable growth in earnings and dividends. However, the war has sent commodity prices soaring, and inflation is increasing. It may result in higher input costs for Coca-Cola in combination with higher logistics costs, while GDP pressures may reduce consumption, particularly in the away-from-home sales channel. Furthermore, growth in earnings is partially derived from emerging markets, which are more GDP sensitive. So, consumers will continue buying beverages, but as a defensive name, the stock is not fully immune, and it also shows in the stock price decline. If Coca-Cola were completely or largely immune from the current oil price shock and upcoming GDP shock, then we would have seen more investors pivoting their investments towards companies such as Coca-Cola, leading to higher share prices, not lower share prices. Defensive Nature Shows In Earnings Estimates The Aerospace Forum While Coca-Cola is not immune to cost impacts, the defensive nature largely shows in the analyst estimates , which have remained unchanged. By quarter, we see a 0.1%-0.2% revision downward in expected revenues and no change in earnings per share. By year, we see no expected changes for 2026 and 0.2%-0.3% reductions in expected earnings and revenues for 2027 and 2028. So, people will continue to consume beverages, and for Coca-Cola, a headwind may be painful, but given the size of the company, we also do not see an immediate...
Intuit (INTU) keeps growing. In Q2 FY26 (Jan. 2026), the company reported $4.7 billion in revenue, expanding 17% year over year. Yet, the stock had already collapsed, falling from a mid-2025 peak near $786 per share to $370 levels currently.
Intuit (INTU) keeps growing. In Q2 FY26 (Jan. 2026), the company reported $4.7 billion in revenue, expanding 17% year over year. Yet, the stock had already collapsed, falling from a mid-2025 peak near $786 per share to $370 levels currently.
(RTTNews) - Stellantis N.V. (STLA) said on Tuesday that shareholders overwhelmingly approved all resolutions at its Annual General Meeting, including the re-election and appointment of several board members.
(RTTNews) - Stellantis N.V. (STLA) said on Tuesday that shareholders overwhelmingly approved all resolutions at its Annual General Meeting, including the re-election and appointment of several board members.
S&P Dow Jones Indices Equities Global head Fiona Boal discusses markets surrounding the war in Iran and her outlook for Hungary. She speaks to Guy Johnson and Anna Edwards on "The Opening Trade." (Source: Bloomberg)
S&P Dow Jones Indices Equities Global head Fiona Boal discusses markets surrounding the war in Iran and her outlook for Hungary. She speaks to Guy Johnson and Anna Edwards on "The Opening Trade." (Source: Bloomberg)
London, 14 April 2026 – With just one week remaining until Sustainability LIVE and Procurement & Supply Chain LIVE: The US Summit, BizClik Media urges industry leaders to secure their tickets to this landmark event. Taking place on 21–22 April at Navy Pier, Chicago, the summit will bring together more than 120 chief officers and senior executives from global organisations including PepsiCo, Walmar...
London, 14 April 2026 – With just one week remaining until Sustainability LIVE and Procurement & Supply Chain LIVE: The US Summit, BizClik Media urges industry leaders to secure their tickets to this landmark event. Taking place on 21–22 April at Navy Pier, Chicago, the summit will bring together more than 120 chief officers and senior executives from global organisations including PepsiCo, Walmart, Google, General Motors, Pfizer and United Airlines. Attendees will gain access to insights on sus
HSBC rolls out Tokenized Deposit Service in the United States, leveraging blockchain to enable faster, transparent payments and real-time liquidity management.
HSBC rolls out Tokenized Deposit Service in the United States, leveraging blockchain to enable faster, transparent payments and real-time liquidity management.