Nasdaq Down 9 of 10 Weeks: Bullish? One of the most important reasons to check market stats is that they cut through the market noise, manipulation, and misconceptions. For instance, most investors would presume that when the Nasdaq Composite is down 9 out of 10 weeks (as it is now), stocks are often in a bear market, and lower prices are on the horizon. However, the market stats show just the opp...
Nasdaq Down 9 of 10 Weeks: Bullish? One of the most important reasons to check market stats is that they cut through the market noise, manipulation, and misconceptions. For instance, most investors would presume that when the Nasdaq Composite is down 9 out of 10 weeks (as it is now), stocks are often in a bear market, and lower prices are on the horizon. However, the market stats show just the opposite, illustrating how Wall Street is the master manipulator. In fact, since 1978, when the Nasdaq Composite is down 9 out of 10 weeks, similar episodes of selling have seen the NASDAQ higher 3 months and 1 year later every time, with an average gain of 32.5% after 1 year. (Source: The Market Stats, @TheMarketStats) Zacks Investment Research Image Source: The Market Stats QQQ: Classic Stop Run & Capitulation A “stop hunt” or liquidity grab occurs in the stock market when a price movement occurs specifically to trigger a large cluster of stop-loss orders. This type of price spike through an obvious stop-loss zone helps wash out weak hands, setting the stage for a move in the opposite direction. Friday, the Nasdaq 100 Index ETF (QQQ) saw a classic stop hunt below the 200-day moving average. Friday, QQQ closed below the 200-day moving average for the first time since mid-2025, triggering stop losses. However, on Monday, QQQ is retaking the level with authority, a sign that weak holders are likely shaken out and the index is ready to move higher. Zacks Investment Research Image Source: TradingView Volume Explodes: Capitulation? Meanwhile, on Friday, volume turnover in the S&P 500 Index ETF (SPY) spiked to its highest levels since November’s market bottom. Similar volume spikes have proven to be a sign of capitulation and have marked several market bottoms. Zacks Investment Research Image Source: Zacks Investment Research AI Earnings Remain Robust Despite geopolitical tensions and market volatility, earnings from leading companies remain very robust, especially in AI and AI-adj...
Analysts Oliver Rodzianko and Henrik Alex have issued upgrades for Nvidia ( NVDA ) and KNOT Offshore Partners ( KNOP ), pointing to durable AI demand and opportunistic entry points following a failed acquisition. On the other hand, some high-momentum names are facing cooler outlooks. Juxtaposed Ideas and JR Research have downgraded TeraWulf ( WULF ) and Oklo ( OKLO ), respectively, citing overexte...
Analysts Oliver Rodzianko and Henrik Alex have issued upgrades for Nvidia ( NVDA ) and KNOT Offshore Partners ( KNOP ), pointing to durable AI demand and opportunistic entry points following a failed acquisition. On the other hand, some high-momentum names are facing cooler outlooks. Juxtaposed Ideas and JR Research have downgraded TeraWulf ( WULF ) and Oklo ( OKLO ), respectively, citing overextended valuations and speculative risks in the energy sector. Upgrades NVIDIA ( NVDA ): Rating Upgrade by Oliver Rodzianko . The analyst argues that AI demand is a structural shift supported by hyperscaler capital expenditure rather than a temporary bubble, suggesting Nvidia is currently undervalued based on growth metrics with approximately 35% upside potential. “Expecting Nvidia to become a non-cyclical investment definitively might be asking too much, but it's credible to believe that the AI supercycle will emerge in waves of overlapping intensity, rather than strict booms and busts. We all know AI demand is real; Nvidia posted data center revenue in FY26 of $193.7B, which is up +68% year-over-year, but the question keeping AI-semi valuations contained is just how durable this demand is.” KNOT Offshore Partners ( KNOP ): Upgrade Hold to Buy by Henrik Alex . Despite a failed acquisition agreement with parent company Knutsen NYK, the analyst views the resulting stock sell-off as an ideal entry point for the only U.S.-listed shuttle tanker pure play, setting a price target of $15.00. “KNOT Offshore Partners' common units sold off after the partnership failed to reach a deal with parent Knutsen NYK...While disappointing, the setback provides an opportunity to get exposure to the only U.S. exchange-listed shuttle tanker pure play.” Downgrades TeraWulf ( WULF ): Downgrade Buy to Hold by Juxtaposed Ideas . While the company has promising high-performance computing prospects with contracted capacity of 522 MW, a rapid stock rally has pushed valuations to expensive levels at a forw...
Greek Minister of Environment and Energy Stavros Papastavrou on energy prices and the fallout from the Iran conflict with Bloomberg’s Julie Fine at CERAWeek in Houston. (Source: Bloomberg)
Greek Minister of Environment and Energy Stavros Papastavrou on energy prices and the fallout from the Iran conflict with Bloomberg’s Julie Fine at CERAWeek in Houston. (Source: Bloomberg)
Readers respond to an article by Michael Mansfield on the importance of juries I have been following the debate in parliament of the courts and tribunals bill . There are some good ideas in it, but removing jury trials is not one of them ( Juries want fairness in court and don’t just obey the government. That’s why ministers are attacking them, 17 March ). The choice is framed as either waiting a ...
Readers respond to an article by Michael Mansfield on the importance of juries I have been following the debate in parliament of the courts and tribunals bill . There are some good ideas in it, but removing jury trials is not one of them ( Juries want fairness in court and don’t just obey the government. That’s why ministers are attacking them, 17 March ). The choice is framed as either waiting a long time for trials or removing juries. This is a false choice. Everyone agrees that the wait for trials is far too long, but removing juries is not the way to solve the problem. Taking simple steps to tackle the problems in the system would be a better approach. The court administration system is dire, which directly causes the long delays. Every day in my practice as a criminal lawyer, I see courts listing three or four trials in a single court and all but one being adjourned as you cannot hear more than one trial at a time; interpreters not being booked by the court, which results in adjournments; prisoners not being brought to court or not being produced on video links; courts not notifying defence, prosecution or defendants of hearing dates; around a third of court rooms being closed; and not enough judges to hear cases. Continue reading...
BrandywineGLOBAL - Global Income Opportunities Fund press release ( NYSE: BWG ): Q4 GAAP NII of $0.25. Total Net Investment Income of $4.12M (+2.7% Y/Y). More on BrandywineGLOBAL - Global Income Opportunities Fund BrandywineGLOBAL - Global Income Opportunities Fund Q4 2025 Commentary BWG: Heavy Leverage Use Limits Appeal Dividend scorecard for BrandywineGLOBAL - Global Income Opportunities Fund
BrandywineGLOBAL - Global Income Opportunities Fund press release ( NYSE: BWG ): Q4 GAAP NII of $0.25. Total Net Investment Income of $4.12M (+2.7% Y/Y). More on BrandywineGLOBAL - Global Income Opportunities Fund BrandywineGLOBAL - Global Income Opportunities Fund Q4 2025 Commentary BWG: Heavy Leverage Use Limits Appeal Dividend scorecard for BrandywineGLOBAL - Global Income Opportunities Fund
I was grateful for Emily Retter’s focus on the feelings and experiences of the women affected by voyeuristic nightlife content (‘They were comparing me to Bonnie Blue’: the disturbing rise of nightlife content, 18 March). Being “watched” in public is perhaps a uniquely female experience. Sadly many women can relate to being leered at from car windows or catcalled from scaffolding, with video conte...
I was grateful for Emily Retter’s focus on the feelings and experiences of the women affected by voyeuristic nightlife content (‘They were comparing me to Bonnie Blue’: the disturbing rise of nightlife content, 18 March). Being “watched” in public is perhaps a uniquely female experience. Sadly many women can relate to being leered at from car windows or catcalled from scaffolding, with video content being the latest, depressing escalation of this kind of behaviour. What is new, however, is the scale of the audience for the content documenting such behaviour. I am struck by the lack of repercussions for the (presumably exclusively male) viewers and commenters of these videos. Criminalising the creation and distribution of such content, while admirable, fails to address the wider cultural issue of the audience appetite for these dehumanising videos. After all, there would be nothing to demonetise if these videos did not generate thousands of views and hundreds of (no doubt disgusting) comments. It seems to me that the core of the issue is less the opportunistic video-maker (while vile) nor the ambivalent big tech companies that platform the content, but the day-to-day consumers of the videos who live among us. Hannah Clark St Albans, Hertfordshire
哥倫比亞西南部軍機墜毀 至少34死、逾80人傷 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】哥倫比亞西南部有軍機墜毀,至少34死、逾80人傷。 網上流傳飛機出事前的片段,起飛後未有大幅爬升,及後機身向左傾側,在...
哥倫比亞西南部軍機墜毀 至少34死、逾80人傷 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】哥倫比亞西南部有軍機墜毀,至少34死、逾80人傷。 網上流傳飛機出事前的片段,起飛後未有大幅爬升,及後機身向左傾側,在圖馬約省墜毀,殘骸燃起熊熊烈火,冒出大量黑煙。空軍司令證實載有114名陸軍和11名機組人員的C-130運輸機,原定由萊吉薩莫港出發前往阿西斯港,起飛不久在距離機場約兩公里處墜落,已派員到場展開救援。據報逾70人獲救,正調查意外成因。 總統佩特羅發文致哀,指這場悲劇不應該發生,又批評官僚主義阻礙他推行軍隊現代化計畫,強調不會再拖延。
Compliments to Stuart Jeffries for his obituary of Jürgen Habermas (15 March). Jeffries does a superb job describing both the personal and intellectual dimensions of Habermas, his life, thinking and commitment to action. For this layman, who has darted in and out of Habermas, most influential was his concept of bounded, intermediate, public settings engendering meaningful thought and action. I nev...
Compliments to Stuart Jeffries for his obituary of Jürgen Habermas (15 March). Jeffries does a superb job describing both the personal and intellectual dimensions of Habermas, his life, thinking and commitment to action. For this layman, who has darted in and out of Habermas, most influential was his concept of bounded, intermediate, public settings engendering meaningful thought and action. I never looked at the role of the 19th-century coffee house in the same way. Ironically, the obituary reminded me that Habermas had recently played a significant role for me in coming to terms with another death, that of my beloved late wife, who was known to prefer the privacy of the home to engaging in public settings. But, as it turned out, that was not quite so in a Habermas sense. As became clear in the accounts provided by people coming to pay their last respects, my wife had maintained an active, expansive life within the public space bounded by the main street in our town. Person after person, some whom I hardly knew, related details about her and indeed our joint lives, which totally surprised me. She would traverse a kilometre-long stretch of the street by foot and encounter pedestrians and shopkeepers on an unplanned but recurring basis, engaging them in often-lengthy conversations. I came to realise then that she had created her own version of the Habermas coffee house. She had fashioned a public space that transcended the private, providing her with a robust venue for conversation, and even action. Little did I know that my eureka moment about Habermas in the context of my wife’s death would be so quickly joined by that of Habermas’s own death. Neil Wilkof Ra’anana, Israel
Sign up now! Sign up now! Sign up now? Sign up now! Hands up who had Jorginho v Chappell Roan on their bingo cards this weekend? Ah, who’s Chappell Roan, you ask? It’s a fair question if you’re a reader as long in the tooth as this tea-timely email. Pink Pony Club anyone? Ah. Well, Football Daily hasn’t had to do any research at all, nope, to tell you that she’s a flamboyant 28-year-old synth pop ...
Sign up now! Sign up now! Sign up now? Sign up now! Hands up who had Jorginho v Chappell Roan on their bingo cards this weekend? Ah, who’s Chappell Roan, you ask? It’s a fair question if you’re a reader as long in the tooth as this tea-timely email. Pink Pony Club anyone? Ah. Well, Football Daily hasn’t had to do any research at all, nope, to tell you that she’s a flamboyant 28-year-old synth pop singer-songwriter from the USA USA USA who is so popular with the kids that she has eight gazillion followers on Instachat and fans including the former Chelsea and current Flamengo star’s stepdaughter. Those followers may number 7,999,997 after the weekend, mind, when Jorginho took to his social media disgrace of choice to lash out at Roan, claiming one of her security guards made his stepdaughter cry after speaking “ in an extremely aggressive manner ” to her and his wife at a São Paulo hotel. Is there a better walk home from a Premier League ground, I wonder? After watching Brighton beat Liverpool, I walked back from the Amex to Lewes: up the Downs, along the top of the South Downs Way, down into historic Southover past the Anne of Cleves House, through beautiful Grange Gardens, up past Lewes Castle, the Pells Pools, and over the River Ouse, to South Malling. Countryside and then Historic England. About two hours of bliss. Followed by a good walk” – Peter Harris (and no other ramblers). I’ve been reading and hearing Thibaut Courtois’s name for almost 15 years now and it only just struck me that it might be a derivative of ‘Tybalt’. Did we ever get Lukaku rounding Courtois and finishing in an open net to prompt a ‘Romelo slew Thibaut’ line from a pundit or writer? Or perhaps there are some other Pro Evo-style Shakespeare quotes I missed?” – Kristian Karamfiles. This is an extract from our daily football email … Football Daily. To get the full version, just visit this page and follow the instructions . Continue reading...
Micron Technology (NASDAQ:MU) stock is down roughly 4% in Monday morning trading, with shares sliding toward the key $400 level even as the broader market pushes higher. The NASDAQ 100 is in the green today, making Micron stock one of the session’s more conspicuous counter-trend movers. The drop is particularly jarring given the backdrop. Escalating ... Micron Drops 4% Despite Strong Earnings: Is ...
Micron Technology (NASDAQ:MU) stock is down roughly 4% in Monday morning trading, with shares sliding toward the key $400 level even as the broader market pushes higher. The NASDAQ 100 is in the green today, making Micron stock one of the session’s more conspicuous counter-trend movers. The drop is particularly jarring given the backdrop. Escalating ... Micron Drops 4% Despite Strong Earnings: Is This a Buying Opportunity?
Micron Drops 4% Despite Strong Earnings: Is This a Buying Opportunity? Yahoo Finance Where Will Micron Stock Be in 3 Years? The Motley Fool Why is Micron Technology Inc down today? Investing.com Micron: Buy The Latest Blowout (NASDAQ:MU) Seeking Alpha Micron CEO drops a bombshell after Micron’s huge earnings beat thestreet.com Micron’s stock is spectacularly cheap, as these numbers show MarketWatc...
Micron Drops 4% Despite Strong Earnings: Is This a Buying Opportunity? Yahoo Finance Where Will Micron Stock Be in 3 Years? The Motley Fool Why is Micron Technology Inc down today? Investing.com Micron: Buy The Latest Blowout (NASDAQ:MU) Seeking Alpha Micron CEO drops a bombshell after Micron’s huge earnings beat thestreet.com Micron’s stock is spectacularly cheap, as these numbers show MarketWatch Micron CEO says it can't deliver enough memory to key customers after blowout earnings CNBC Micron Drops 4% Despite Strong Earnings: Is This a Buying Opportunity? AOL.com Prediction: This Will Be Micron's Stock Price by Late 2027 Yahoo Finance
Nico De Pasquale Photography/DigitalVision via Getty Images Blue Owl Capital's ( OWL ) intense 58% dip from its 52-week high has pushed the security to trade on a deeply discounted multiple to its fee-related earnings ("FRE") as assets under management ("AUM") continue to grow. The alternative asset manager saw AUM reach $307.4 billion as of the end of its fiscal 2025 fourth quarter, up 22% from i...
Nico De Pasquale Photography/DigitalVision via Getty Images Blue Owl Capital's ( OWL ) intense 58% dip from its 52-week high has pushed the security to trade on a deeply discounted multiple to its fee-related earnings ("FRE") as assets under management ("AUM") continue to grow. The alternative asset manager saw AUM reach $307.4 billion as of the end of its fiscal 2025 fourth quarter, up 22% from its year-ago comp, with fee-paying AUM up 17% year-over-year to $187.7 billion. OWL's cadence with capital formation has been growing, with $12 billion in funds raised during the fourth quarter. It's important to note that this was the quarter just after First Brands Group and Tricolor collapsed, two auto firms broadly financed by traditional banks. This would spark the " credit cockroaches " statement from JPMorgan Chase's ( JPM ) CEO, warning that excess U.S. corporate lending has created exposure to firms that pose heightened default risk. The argument here from the bears is that private credit faces a crisis of confidence that will weaken AUM formation for OWL. Blue Owl Capital Inc Fiscal 2025 Fourth Quarter Presentation There has been a spike in redemptions from private credit funds on the back of the perception of a crisis. This is important because the U.S. economy hasn't yet seen the type of credit defaults among corporate borrowers that would typically define a crisis. The Proskauer Private Credit Default Index was up a modest 62 basis points sequentially to 2.46% for the fourth quarter of 2025. OWL's public business development company ("BDC"), Blue Owl Capital Corporation ( OBDC ), had 1.1% of its total investments at fair value on nonaccrual status as of the end of its fiscal 2025 fourth quarter. This dipped by 20 basis points sequentially and remains below the BDC average. Payment-in-kind ("PIK") income did form 10.3% of total investment income, down from 13.2% a year ago, but still at a level that is elevated. However, OWL has also never taken a principal loss ...
In many ways, the comparison between Ford Motor Company (F +2.78%) and Tesla (TSLA +2.82%) is emblematic of the challenges and opportunities in the automotive sector. The nature of their rivalry has changed over the years and is now gearing up for what could be a climactic battle that will change the face of the industry forever. The Tesla narrative There's been no end of discussion about Tesla's ...
In many ways, the comparison between Ford Motor Company (F +2.78%) and Tesla (TSLA +2.82%) is emblematic of the challenges and opportunities in the automotive sector. The nature of their rivalry has changed over the years and is now gearing up for what could be a climactic battle that will change the face of the industry forever. The Tesla narrative There's been no end of discussion about Tesla's electric vehicle (EV) deliveries and automotive revenue declining over the last couple of years, and much has been made of the growing competition in the EV space from rivals, including Ford. But here's the thing. There's competition from rivals growing profits, and there's competition from rivals effectively subsidizing EV models by taking huge losses on them to establish market share. The problem is the latter simply isn't sustainable, and Ford's difficulties in its Model e segment in recent years attest to that. As you can see below, the segment lost Ford over $14.5 billion over the last three years. Ford segment-wise EBIT* 2023 2024 2025 Ford Pro $7,222 million $9,007 million $6,843 million Ford Blue $7,462 million $5,269 million $3,024 million Ford Model e ($4,701) million ($5,105)million ($4,806) million Those kinds of losses aren't sustainable, and matters came to a head late 2025 when management took a $19.5 billion charge relating to its EV assets and announced a series of strategic changes aimed at turning the Model e segment profitable by 2029. These changes build on the previously announced $5 billion "bet" investment in a universal EV platform and system to try and produce affordable EVs starting with a midsize pickup truck selling for about $30,000 in 2027. Will Ford's plans worry Tesla? Any rival investing heavily to produce lower-cost EVs is obviously somewhat concerning, but there are two reasons why Tesla investors won't fear developments at Ford. First, as noted above, it's one thing to sell cars; it's another to sell them profitably, and Ford isn't expec...
Key Points Ford is investing heavily in producing low-cost electric vehicles while Tesla is focusing on developing its robotaxi business. Tesla is already responding to the market moving toward lower-cost vehicles over the near-term, but the long-term playbook is autonomous driving. These 10 stocks could mint the next wave of millionaires › In many ways, the comparison between Ford Motor Company (...
Key Points Ford is investing heavily in producing low-cost electric vehicles while Tesla is focusing on developing its robotaxi business. Tesla is already responding to the market moving toward lower-cost vehicles over the near-term, but the long-term playbook is autonomous driving. These 10 stocks could mint the next wave of millionaires › In many ways, the comparison between Ford Motor Company (NYSE: F) and Tesla (NASDAQ: TSLA) is emblematic of the challenges and opportunities in the automotive sector. The nature of their rivalry has changed over the years and is now gearing up for what could be a climactic battle that will change the face of the industry forever. The Tesla narrative There's been no end of discussion about Tesla's electric vehicle (EV) deliveries and automotive revenue declining over the last couple of years, and much has been made of the growing competition in the EV space from rivals, including Ford. 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 » But here's the thing. There's competition from rivals growing profits, and there's competition from rivals effectively subsidizing EV models by taking huge losses on them to establish market share. The problem is the latter simply isn't sustainable, and Ford's difficulties in its Model e segment in recent years attest to that. As you can see below, the segment lost Ford over $14.5 billion over the last three years. Ford segment-wise EBIT* 2023 2024 2025 Ford Pro $7,222 million $9,007 million $6,843 million Ford Blue $7,462 million $5,269 million $3,024 million Ford Model e ($4,701) million ($5,105)million ($4,806) million Those kinds of losses aren't sustainable, and matters came to a head late 2025 when management took a $19.5 billion charge relating to its EV assets and announced a series of strategic changes aimed at turning the M...
Save $150 CyberPowerPC gaming PC | RX 9070 XT: was $1,899.99 now $1,749.99 at Best Buy This build almost looks like a pre-memory crisis deal, primarily because it packs in some great components all around, not sacrificing in any area. The RX 9070 XT is AMD's best GPU offering, the 7800X3D is one of the fastest gaming CPUs on the market, and you're getting tons of RAM and storage capacity. All for ...
Save $150 CyberPowerPC gaming PC | RX 9070 XT: was $1,899.99 now $1,749.99 at Best Buy This build almost looks like a pre-memory crisis deal, primarily because it packs in some great components all around, not sacrificing in any area. The RX 9070 XT is AMD's best GPU offering, the 7800X3D is one of the fastest gaming CPUs on the market, and you're getting tons of RAM and storage capacity. All for one of the lowest prices I've seen a decent RX 9070 XT build going for in quite a while. Key specs: Ryzen 7 7800X3D | RX 9070 XT | 32 GB DDR5 | 2 TB SSD Well well well, if it isn't another RX 9070 XT gaming PC with a phat discount. I've highlighted a handful over the past few months, and that's because these AMD builds have been far better than Nvidia builds at keeping ahead of memory shortage-induced climbing prices. Things aren't letting up, either, because for $1,750 at Best Buy, this CyberPowerPC one is actually better and yet cheaper than those. Take the iBuyPower PC I highlighted last month. That one was going for $50 more than this one, and yet had only half the storage and a less exciting chassis. And although there's no RAM speed officially listed for this CyberPowerPC one, user reviews suggest it should be 6,000 MT/s, which would mean the memory's faster here, too. It's also cheaper than a very similar one I highlighted (with 7800X3D and all) in November. Join us on WhatsApp for daily deals, direct to your phone. But enough of the comparative stuff, how does this thing actually run? Well, you've asked me at the perfect time, because I've just switched to an almost identical build a couple of days ago. I don't play too many new AAA games—I'm more of an esports man—but I can tell you I'm netting hundreds of fps in Counter-Strike 2, Apex Legends (capped at 300), and Splitgate: Arena Reloaded. So if you're into competitive shooters, you're all set. If you're into more graphically intensive titles, fear not, because although I've not tested such games myself yet, we ha...
Over the weekend in Austin, Texas, Tesla (TSLA) and SpaceX (SPAX.PVT) CEO Elon Musk unveiled what might be his grandest overarching vision for where he sees his companies headed. The project is called Terafab, a joint venture between Musk’s Tesla, SpaceX, and xAI, designed to consolidate every stage of semiconductor production under one roof — including chip design, fabrication, memory production,...
Over the weekend in Austin, Texas, Tesla (TSLA) and SpaceX (SPAX.PVT) CEO Elon Musk unveiled what might be his grandest overarching vision for where he sees his companies headed. The project is called Terafab, a joint venture between Musk’s Tesla, SpaceX, and xAI, designed to consolidate every stage of semiconductor production under one roof — including chip design, fabrication, memory production, and packaging. Terafab will be built on the North Campus of Giga Texas, in a building planned to dwarf that of Giga Texas, already one of the biggest buildings on Earth. Initial costs are in the $20 billion to $25 billion range, with Musk noting that Tesla’s capital expenditures for 2026 do not include Terafab costs. The timing is also interesting given SpaceX may IPO as soon as this spring. Tesla's new Terafab would be located in Austin, Texas. · SpaceX That being said, Musk called Terafab "the most epic chip-building exercise in history by far,” adding that he is pursuing the project because chipmakers like TSMC (TSMC34.SA) and Samsung (005930.KS) aren’t making chips fast enough for his companies’ AI and robotics needs. “We either build the Terafab or we don’t have the chips, and we need the chips, so we build the Terafab,” he said. “There’s a maximum rate at which they’re comfortable expanding. That rate is much less than we would like.” He went further, claiming that current AI compute output is roughly 20 gigawatts per year and that the rest of the world’s output is about 2% of what his companies need. Terafab targets two primary chip types: an edge-inference processor optimized for Tesla's Full Self-Driving systems, Optimus humanoid robots, and Robotaxi fleets, and a high-power variant hardened for space environments, supporting SpaceX satellites, orbital data centers, and xAI initiatives. The metrics and scale of the projects SpaceX and Tesla want to hit over the next few years. · SpaceX The Optimus program is the single biggest driver of demand. Morgan Stanley anal...
Getty Images Introduction International General Insurance Holdings Ltd. ( IGIC ) is a specialized insurance and reinsurance company whose activity is characterized by a stable underwriting discipline, though with a slowing growth of revenue. Fiscal year 2025, the company ended with gross written premiums of $666.7 million, which is 4.8% less than last year, mostly because of a large non-renewal of...
Getty Images Introduction International General Insurance Holdings Ltd. ( IGIC ) is a specialized insurance and reinsurance company whose activity is characterized by a stable underwriting discipline, though with a slowing growth of revenue. Fiscal year 2025, the company ended with gross written premiums of $666.7 million, which is 4.8% less than last year, mostly because of a large non-renewal of the civil liability portfolio. Despite the revenue decrease, IGIC maintains an operational effectiveness, which is indicated by the combined ratio of 85.9%. Even though this ratio decreased compared to 2024's fixed 79.9% level, it still remains way lower than the 100% level, showing that the net income is coming directly from the insurance business. Valuing the company, its EPS is at $2.89, and the P/E ratio is at 8.48x, which is still around a 25% discount compared to the sector‘s average. ROE is reaching 18.6%, while the book value in a year grew 13.9% to $16.90. In February, a special $1.15 dividend was announced, showing an aggressive excess capital return, though 23.6% net profit margin, and the negative impact of currency fluctuations remains the main risk factor. Business overview International General Insurance Holdings Ltd. operates as a specialized insurance and reinsurance service provider whose business is in segments such as energy, property, construction, maritime transport, and political violence risks. The company is registered in Bermuda, though it carries out operations widely in London, Oman, Dubai, Malta, Oslo, and Casablanca. The business model is divided into 3 main segments: long-term specialization, short-term specialization, and reinsurance. The latest financial results are showing $127.2 million net income and an 85.9% combined ratio, which increased due to catastrophic losses and a negative currency exchange influence. The company is demonstrating a strict product rotation and cycle management strategy, giving priority to profitability, rather th...
The dollar index (DXY00) fell to a 1.5-week low today and is down by -0.69%. The dollar gave up overnight gains and turned lower as stocks rallied sharply after President Trump postponed attacks against Iranian energy infrastructure and power plants for five days following the start of talks with Iran to end the war, curbing liquidity demand for the dollar. The dollar added to its losses today on ...
The dollar index (DXY00) fell to a 1.5-week low today and is down by -0.69%. The dollar gave up overnight gains and turned lower as stocks rallied sharply after President Trump postponed attacks against Iranian energy infrastructure and power plants for five days following the start of talks with Iran to end the war, curbing liquidity demand for the dollar. The dollar added to its losses today on weaker-than-expected US economic news, including the Feb Chicago Fed National Activity index and Jan construction spending. The US Feb Chicago Fed National Activity Index fell -0.31 to -0.11, weaker than expectations of 0.16. Join 200K+ Subscribers: US Jan construction spending unexpectedly fell -0.3% m/m, weaker than expectations of a +0.1% m/m increase. Swaps markets are discounting the odds at 8% for a +25 bp rate hike at the April 28-29 FOMC meeting. The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to cut interest rates by at least -25 bp in 2026, while the BOJ and ECB are expected to raise rates by at least +25 bp in 2026. EUR/USD (^EURUSD) today is up by +0.48%. The euro recovered from overnight losses and rallied to a 1.5-week high today as the dollar tumbled after President Trump postponed strikes on Iranian energy infrastructure, citing "very good" talks to end the war. The euro added to its gains today after crude oil prices plunged more than -9%, a positive factor for the Eurozone economy, as Europe imports most of its energy needs. ECB Governing Council member Peter Kazimir said, "The ECB can do little about the inflation spike in the next few months, but if we judge that the risk of inflation remaining above our target for a prolonged period is significant, we will act with appropriate forcefulness to bring inflation back down to our target." Swaps are discounting a 65% chance of a +25 bp rate hike by the ECB at the April 30 policy meeting. USD/JPY (^USDJPY) today is down by -0.62%. The yen recovered ...
In Brief Leonid Radvinsky, the billionaire owner of the adult creator network OnlyFans, has passed away at the age of 43 after a battle with cancer. OnlyFans confirmed Radvinsky’s death on Monday. The company said it was “deeply saddened” by his passing, according to a spokesperson, adding that his family has requested privacy. Reuters first reported the news. Originally from Odesa, Ukraine, Radvi...
In Brief Leonid Radvinsky, the billionaire owner of the adult creator network OnlyFans, has passed away at the age of 43 after a battle with cancer. OnlyFans confirmed Radvinsky’s death on Monday. The company said it was “deeply saddened” by his passing, according to a spokesperson, adding that his family has requested privacy. Reuters first reported the news. Originally from Odesa, Ukraine, Radvinsky moved to Chicago as a child and began running adult streaming websites in his teenage years, launching MyFreeCams in 2004. Radvinsky bought a 75% stake in Fenix International Limited, the parent company of OnlyFans, in 2018 and served as its director and majority shareholder. In addition to OnlyFans, he invested in tech companies via Leo, a venture capital fund that was established in 2009. OnlyFans was founded in 2016 by Tim Stokely and gained massive popularity during the COVID-19 pandemic. The platform enabled creators to monetize their work directly, attracting many workers in the adult industry seeking a reliable source of income. To date, OnlyFans has paid out over $25 billion to creators. Radvinsky’s passing comes a few months after the company was reportedly in negotiations to sell a 60% stake in OnlyFans, which would have valued the company at around $5.5 billion.
Wells Fargo named Levi Strauss as a top pick in the consumer sector after a period of relative underperformance for the stock. Analyst Ike Bochurow and his team noted the stock has underperformed of late to push valuation below the historic norm. "We see this highly debated name shifting sentiment from here as margin concerns flip to margin visibility in 2H and into 2027," wrote Buchurow. Levi Str...
Wells Fargo named Levi Strauss as a top pick in the consumer sector after a period of relative underperformance for the stock. Analyst Ike Bochurow and his team noted the stock has underperformed of late to push valuation below the historic norm. "We see this highly debated name shifting sentiment from here as margin concerns flip to margin visibility in 2H and into 2027," wrote Buchurow. Levi Strauss ( LEVI ) earns an Overweight rating from Wells Fargo because it is seen as well positioned in today's macroeconomic setup with one of the lowest COGS exposures to China in the firm's apparel coverage space and only a modest adjusted tariff impact. In addition, minimal pricing demand destruction is anticipated due to the strong brand and name power. Levi Strauss ( LEVI ) was highlighted by Bochurow as showing accelerating direct-to-consumer strength, while their global wholesale business has also gained momentum. Wells Fargo assigned a price target of $25 to Levi Strauss ( LEVI ). Shares of LEVI were up 5.3% in early afternoon trading to $18.88. The 52-week range for the denim juggernaut is $12.17 to $24.82. Short interest on LEVI stands at 12.6% of the total float. More on Levi Strauss Levi Strauss & Co. (LEVI) Presents at UBS Global Consumer and Retail Conference Transcript Levi Strauss & Co. (LEVI) Presents at Citi's 2026 Global Consumer & Retail Conference 2026 Transcript Levi Strauss: Expect Demand Momentum To Continue Apparel stocks to watch on back of Lululemon's mixed earnings report Levi Strauss sees major upside for its premium Blue Tab label