spawns Shares of MeiraGTx Holdings ( MGTX ) added ~17% to reach a 52-week high on Tuesday after the company scheduled a presentation to disclose data from an early-stage trial for its gene therapy, AAV-hAQP1. The event, scheduled for April 16 at 8:00 a.m. ET will include three-year data from a Phase 1 trial for AAV-hAQP1, the company said in a statement on Tuesday. The one-time therapy is designed...
spawns Shares of MeiraGTx Holdings ( MGTX ) added ~17% to reach a 52-week high on Tuesday after the company scheduled a presentation to disclose data from an early-stage trial for its gene therapy, AAV-hAQP1. The event, scheduled for April 16 at 8:00 a.m. ET will include three-year data from a Phase 1 trial for AAV-hAQP1, the company said in a statement on Tuesday. The one-time therapy is designed to target radiation-induced xerostomia, a long-term adverse effect of radiation therapy used in head and neck cancer. The open-label AQUAx clinical study evaluated AAV-hAQP1 in patients with grade 2/3 moderate to severe radiation-induced xerostomia and those who remained without cancer for at least five years after radiation therapy for head and neck cancer. The webcast to disclose its long-term data will also include a section on the drug’s commercial opportunity, MeiraGTx ( MGTX ) said, adding that a question-and-answer session will follow the presentation. More on MeiraGTx MeiraGTx Holdings plc (MGTX) Presents at RBC Capital Markets Virtual Ophthalmology Conference Transcript Seeking Alpha’s Quant Rating on MeiraGTx Historical earnings data for MeiraGTx Financial information for MeiraGTx
In this article NVDA Follow your favorite stocks CREATE FREE ACCOUNT Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | Afp | Getty Images Nvidia stock is on a tear, rising more than 18% over the past ten days. It's the longest winning streak the artificial intelligence chip giant has seen since another ten-day r...
In this article NVDA Follow your favorite stocks CREATE FREE ACCOUNT Nvidia CEO Jensen Huang delivers the keynote address at the GTC AI Conference in San Jose, California, on March 18, 2025. Josh Edelson | Afp | Getty Images Nvidia stock is on a tear, rising more than 18% over the past ten days. It's the longest winning streak the artificial intelligence chip giant has seen since another ten-day rise in 2023. Shares are trading about 8% lower than October's all-time high of $212.19, adjusted for a 10-for-1 stock split that occurred in 2024. The steady climb comes amid explosive AI demand, as giants like Meta , Amazon , Google and Microsoft snap up Nvidia's AI chips. At last month's annual GTC conference, CEO Jensen Huang said Nvidia has more than $1 trillion in orders for its graphics processing units through 2027, including its current Blackwell and next-generation Vera Rubin GPUs. Read more CNBC tech news Suspect in attack at Altman's house aimed to kill OpenAI CEO, warned of humanity's extinction from AI Oracle expands Bloom Energy deal days after receiving $400 million stock warrant Intel's stock hits 9-day winning streak, up 58% over that run OpenAI touts Amazon alliance in memo, says Microsoft has 'limited our ability' to reach clients Nvidia's data center revenue is up 75% year-over-year, and now makes up a whopping 88% of its business. It's a sharp incline from five years ago, when gaming was the company's largest revenue driver. Now, Nvidia can't make AI chips fast enough. At GTC in March, Nvidia unveiled new types of chips for powering AI, including a language processing unit made with technology acquired with its $20 billion purchase of chip startup Groq in December. Nvidia also unveiled a standalone rack of its newest Vera central processing units at GTC, as agentic AI shifts compute needs and creates a resurgence of demand for CPUs . Meta is the first major customer of Nvidia's standalone CPUs. In a sweeping deal announced in February, Meta committed to...
bjdlzx/E+ via Getty Images Major news struck the global telecom industry on April 14, 2026. Amazon.com, Inc. ( AMZN ) announced it intends to acquire Globalstar ( GSAT ) for $11.6 billion. Share of the target company soared 11% in the premarket, which should only add to gains in the State Street SPDR S&P Telecom ETF ( XTL ). GSAT is the largest holding in the ETF. I have a buy rating on XTL. With ...
bjdlzx/E+ via Getty Images Major news struck the global telecom industry on April 14, 2026. Amazon.com, Inc. ( AMZN ) announced it intends to acquire Globalstar ( GSAT ) for $11.6 billion. Share of the target company soared 11% in the premarket, which should only add to gains in the State Street SPDR S&P Telecom ETF ( XTL ). GSAT is the largest holding in the ETF. I have a buy rating on XTL. With market-leading momentum and a still-reasonable valuation, I expect the space megatrend to continue benefiting the small ETF. Today, I’ll assess the fundamentals, outline the valuation, and do a technical deep dive. XTL: A Global Industry ETF Leader YoY Seeking Alpha According to the issuer , XTL seeks to track a modified equal-weighted index, providing diversified exposure to the telecommunications sector across large, mid, and small-cap companies. This fund covers sub-industries such as wireless services, integrated telecommunications, and equipment providers, allowing investors to take targeted strategic or tactical positions. XTL is a small ETF, with just $590 million in assets under management as of April 13, 2026. Its annual expense ratio is low to moderate at 35 basis points, while its trailing 12-month dividend yield is low at just 0.95%, about 0.2 percentage points below that of the S&P 500. Share-price momentum is pristine for XTL, currently an A+ according to Seeking Alpha’s quantitative scoring system. That strength helps XTL rank No. 1 out of 12 in its Sub Class and No. 27 out of 3701 overall on Seeking Alpha as the Q1 earnings season gets underway in earnest. But the fund is risky , given an elevated 28% annualized volatility figure and 41% turnover. In terms of liquidity , average daily volume is low at under 60,000 shares, while XTL’s median 30-day bid/ask spread is a bit wide at 19 basis points. So, I encourage prospective investors to use limit orders, particularly around the market open. Looking closer at the portfolio, the 5-star, Neutral-rated ETF by Mor...
Specker/vedfelt | Digitalvision | Getty Images Amid the U.S. war with Iran , some young investors have gotten their first taste of market volatility . "An early decline can make the market feel unusually dangerous when volatility is a normal part of long-term investing," said certified financial planner Douglas Boneparth , president and founder of Bone Fide Wealth, a wealth management firm in New ...
Specker/vedfelt | Digitalvision | Getty Images Amid the U.S. war with Iran , some young investors have gotten their first taste of market volatility . "An early decline can make the market feel unusually dangerous when volatility is a normal part of long-term investing," said certified financial planner Douglas Boneparth , president and founder of Bone Fide Wealth, a wealth management firm in New York City. "It can be unsettling because they don't yet have the experience of living through prior downturns and recoveries," Boneparth said. Since the war in the Middle East began on Feb. 28, the S&P 500 has seen daily drops of more than 1.7% and daily gains higher than 2.5%, according to data from Morningstar Direct. Stocks have fared slightly better since the U.S announced a two-week ceasefire on April 7. Still, within the first month of the war, the S&P 500 shed more than 7%. An initial investment of $10,000 investment in the index on Feb. 28 would have dropped to around $9,260 by March 29, Morningstar Direct calculated. The S&P 500 has now wiped out its losses from the Iran war, pushing that investment to $10,026 as of Monday's close. Those market swings may have an outsized impact on new investors, said Zach Teutsch , founder and managing partner at Values Added Financial, a wealth management firm in Washington, D.C. "Our first experiences weigh heavily on us emotionally and in how we see the world," said Teutsch, a member of CNBC's Financial Advisor Council . "It's hard not to overlearn our first few lessons." Gen Z, those born between 1997 and 2012, started saving and investing at 19 on average, according to a 2024 Charles Schwab report . To compare, baby boomers began investing at an average age of 35. Expect 15 bear markets in your working years The latest volatility is nothing unusual, though. Indeed, young people can expect around 15 bear markets during their working years, said Cristina Guglielmetti, a CFP and the president of Future Perfect Planning, a wealth...
"Not a great quarter." That's how Jim Cramer on Tuesday summed up another lackluster quarter from Wells Fargo. Total revenue at the bank increased 6.4% year over year to $21.45 billion in the first quarter, but it fell short of the LSEG compiled consensus estimate of $21.8 billion. Earnings per share for the three months ended March 31 rose 15% to $1.60, edging out the $1.58 consensus estimate. WF...
"Not a great quarter." That's how Jim Cramer on Tuesday summed up another lackluster quarter from Wells Fargo. Total revenue at the bank increased 6.4% year over year to $21.45 billion in the first quarter, but it fell short of the LSEG compiled consensus estimate of $21.8 billion. Earnings per share for the three months ended March 31 rose 15% to $1.60, edging out the $1.58 consensus estimate. WFC YTD mountain Wells Fargo YTD Shares of Wells Fargo sank 5% after the release, which, in addition to the mixed headline numbers, also featured misses on certain key indicators. As a result, this name is headed to the penalty box. We have no choice but to downgrade the Club stock to our hold-equivalent 2 rating and cut our price target to $95 per share from $100. Bottom line Why not just take the win and exit the stock? Even with Tuesday's pullback, we're sitting on a double. While things certainly weren't to the level we were looking for, the fundamentals at Wells Fargo are nonetheless trending in the right direction. Management was confident enough to reiterate its outlook for the full year. The team also sounded confident regarding the bank's private credit portfolio, an area of concern at other firms, and its investment banking business. On the post-earnings call, CEO Charlie Scharf said, "While market conditions can change, the outlook for investment banking remains strong, and we entered the second quarter with a strong pipeline driven by M & A and equity capital markets." He added, "We continue to grow our markets business amid a mixed and volatile trading environment, with revenue up 19% from a year ago. Client sentiment is cautious, but engaged as macro and geopolitical uncertainty has increased and clients have largely shifted to a more selective and defensive posture." Revenue may have missed, but growth came thanks to higher levels of both Net Interest Income (NII), the difference between interest earned (loans) and interest paid (deposits), and Noninterest Inco...
Michael M. Santiago/Getty Images News Goldman Sachs Group's ( GS ) private credit fund is said to be raising $750M through a bond sale. Last week, the banking giant had said its private credit fund was the only non-traded business development company in the peer group that saw repurchase requests below the standard 5% quarterly cap during the first quarter. Institutional capital helped keep redemp...
Michael M. Santiago/Getty Images News Goldman Sachs Group's ( GS ) private credit fund is said to be raising $750M through a bond sale. Last week, the banking giant had said its private credit fund was the only non-traded business development company in the peer group that saw repurchase requests below the standard 5% quarterly cap during the first quarter. Institutional capital helped keep redemption requests for its $15.7B private credit fund below the standard 5% quarterly cap, even as retail and some wealth management investors pulled back from the space. Yesterday, CEO David Solomon said that his bank continues to view the private credit sector as attractive, despite some "noise." Goldman Sachs Private Credit Corp. has tightened the pricing on the five-year notes by 30 basis points to 2.55 percentage points above Treasuries, a person familiar with the matter told Bloomberg News. Earlier today, Blue Owl Capital ( OWL ) said its private credit fund, through its listed vehicle Blue Owl Capital Corp. ( OBDC ), raised $400M via a five-year bond offering. The latest offering suggests a rebound in confidence in the private credit sector, the Tuesday, April 14 report noted. The sector, including Apollo Global Management ( APO ), Ares Management ( ARES ), Blackstone ( BX ), Blue Owl Capital Inc. ( OWL ), and KKR ( KKR ), has reportedly received $20.8B in redemption requests during the quarter. More on Goldman Sachs Goldman Sachs: Cloudy Near-Term Outlook, Still Bullish Long Term The Goldman Sachs Group, Inc. (GS) Q1 2026 Earnings Call Transcript The Goldman Sachs Group, Inc. 2026 Q1 - Results - Earnings Call Presentation Goldman Sachs declares $4.50 dividend Goldman Sachs, Ardian acquire China Investment Corporation’s $1B US private equity stake: report
The Electronic Frontier Foundation (EFF) is asking the attorneys general of California and New York to investigate Google for deceptive trade practices, saying the tech giant fails to notify users before handing over their data to law enforcement agencies like ICE. "For nearly a decade, Google has promised billions of users that it will notify them before disclosing their personal data to law enfo...
The Electronic Frontier Foundation (EFF) is asking the attorneys general of California and New York to investigate Google for deceptive trade practices, saying the tech giant fails to notify users before handing over their data to law enforcement agencies like ICE. "For nearly a decade, Google has promised billions of users that it will notify them before disclosing their personal data to law enforcement," the letter says. But it didn't in the case of Amandla Thomas-Johnson, a former PhD candidate at Cornell University who says he received no notice that ICE had accessed his university email. The EFF alleges that this isn't an isolated inc … Read the full story at The Verge.
Key PointsIn a past shareholder letter, Warren Buffett has stated that his will directs for a trust invested 90% in the S&P 500 and 10% Treasury bills for his wife.
Key PointsIn a past shareholder letter, Warren Buffett has stated that his will directs for a trust invested 90% in the S&P 500 and 10% Treasury bills for his wife.
Global Oil Demand Growth Completely Wiped Out By Gulf Energy Shock The global demand destruction playbook we outlined last month, describing how the Gulf energy shock would spread across continents, is now materializing on a large scale. The International Energy Agency said in a Tuesday update that global oil demand will decline this year for the first time since 2020. "The Iran war has thoroughly...
Global Oil Demand Growth Completely Wiped Out By Gulf Energy Shock The global demand destruction playbook we outlined last month, describing how the Gulf energy shock would spread across continents, is now materializing on a large scale. The International Energy Agency said in a Tuesday update that global oil demand will decline this year for the first time since 2020. "The Iran war has thoroughly upended the global outlook for oil consumption," the IEA wrote in its Oil Market Report. "Demand destruction will spread as scarcity and higher prices persist." The IEA said the US-Iran conflict and the disruption of the Hormuz chokepoint have flipped the global oil market from a growth year to one of demand destruction, with world oil demand now expected to decline by 80,000 barrels per day rather than expand by 730,000 bpd as previously forecast. Tanker flows through the world's most critical waterway collapsed to around 3.8 million bpd in early April, down from more than 20 million bpd pre-conflict, while alternative export routes, mainly pipelines from Saudi Arabia, the UAE, and Iraq, only partially offset the disruption. The end result is an overall export loss of a staggering 13 million bpd. Physical oil markets have tightened significantly worldwide, with spot crude and refined product prices rising above futures prices. North Sea Dated crude traded near $130 a barrel, and physical cargoes briefly approached $150. IEA noted that the wave of demand destruction hit the Middle East and Asia-Pacific hardest, especially in naphtha, LPG, and jet fuel, as petrochemical plants slashed operating rates, flights were canceled, and households and businesses faced fuel shortages and price shocks. Strategic reserves are being drained to cushion the shock. Global observed oil stocks fell by 85 million barrels in March, with large drawdowns outside the Gulf, while crude and product storage jumped in the Gulf area because of the Hormuz disruption. Two weeks ago, JPMorgan's top commo...
According to an SEC filing dated April 13, 2026, Kelly Financial Services LLC established a new holding of 168,755 shares in the BlackRock ETF Trust - iShares Large Cap Core Active ETF (NASDAQ:BLCR) . The estimated transaction value was $7.3 million, calculated using the average closing price for the first quarter of 2026. At quarter-end, the position was valued at $6.9 million, reflecting both th...
According to an SEC filing dated April 13, 2026, Kelly Financial Services LLC established a new holding of 168,755 shares in the BlackRock ETF Trust - iShares Large Cap Core Active ETF (NASDAQ:BLCR) . The estimated transaction value was $7.3 million, calculated using the average closing price for the first quarter of 2026. At quarter-end, the position was valued at $6.9 million, reflecting both the trade and price changes during the period. The iShares Large Cap Core Active ETF is an actively managed fund that aims to maximize total return by investing primarily in large-capitalization U.S. equities. Portfolio managers use a combination of fundamental and quantitative analysis to build the portfolio -- leaning on BlackRock's research team to identify opportunities across the large-cap landscape. The result is a fund that looks a lot like a broad-market holding, but with the potential for alpha generation over passive alternatives. Kelly Financial Services’ purchase of BLCR is a minor signal worth noting -- not because of the size of the trade, but because of what it represents. This was a brand-new position, with Kelly deploying more than $7 million into an actively managed large-cap ETF during a quarter when markets have been choppy and investor conviction has been tested. Continue reading