juvaida khatun/iStock via Getty Images Market Returns (%) Q1 2026 1 Year Large Cap Stocks -4.3% 17.8% Value Stocks 2.1% 15.9% Growth Stocks -9.8% 18.8% Mid Cap Stocks 1.3% 16.0% Small Cap Stocks 0.9% 25.7% Developed International Stocks -1.2% 21.3% Emerging Market Stocks -0.2% 29.6% Intermediate Term Treasury Bonds 0.1% 4.0% Intermediate Term Corporate Bonds -0.2% 5.3% Click to enlarge Source: Morningstar Direct. Please see last page for index definitions. Given the dramatic swings in sentiment and market returns, it is likely that by the time you receive this letter, much of what we say here will have changed. Market sentiment has been shifting rapidly, driven largely by recent developments in Iran and fluctuations in oil prices. As a result, making meaningful near-term forecasts is difficult, and making dramatic shifts in your portfolios could result in missed opportunities. Despite some pretty scary headlines, the market has held up better than expected and could rebound quickly if the conflict is resolved. If tensions persist for months, however, markets could gradually drift toward correction territory. Given the uncertainty around both duration and outcome, we are trying to look past the immediate geopolitical backdrop and focus on the outlook longer term. The economy has remained relatively resilient, valuations for many high-quality companies have become more reasonable, and earnings growth is expected to be strong this year. Therefore, we believe that the stock market can persevere. The Davenport Asset Management FundAdvisor and ETFAdvisor programs offer globally diversified portfolios of stock and bond funds or ETFs to help our clients meet their long term objectives, and includes varying levels of risk exposure and return expectations. Some of the features of FundAdvisor and ETFAdvisor include diversification among multiple asset classes, cost-efficiency, annual rebalancing, tax efficiency, and ongoing monitoring of the mutual fund or ETF positions. At th...

LOGANSPORT, Indiana, April 15, 2026 (GLOBE NEWSWIRE) -- Logansport Financial Corp., (OTCBB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended March 31, 2026 of $542,000 or $0.88 per diluted share, compared to earnings in 2025 of $377,000 or $0.61 per diluted share. The Dividends paid to shareholders were $0.45 per share in the first quarter of 2026.

White House Office of Management and Budget Director Russell Vought testifies before the House Budget Committee at the U.S. Capitol on April 15, 2026 in Washington, DC. Andrew Harnik | Getty Images White House Office of Management and Budget Director Russell Vought told lawmakers he could not estimate the total cost of the Iran war and that the Trump administration hadn't yet come up with a supplemental funding request to send to Congress. "We're not ready to come to you with a request; we're still working on it. We're working through to figure out what's needed in this fiscal year versus next fiscal year," Vought told members of the House Budget Committee on Wednesday. "Do you have a ballpark? Will it be more than $50 billion?" Rep. Veronica Escobar, D-Texas, asked. "I don't have a ballpark for you, congresswoman," Vought said. Professor Linda Bilmes, a public policy professor at Harvard University's Kennedy School, published an analysis this month that found the war could cost taxpayers $1 trillion . Read more CNBC politics coverage Kalshi, Polymarket lobby as insider trading, betting eyed by Congress Fed nominee Warsh filings detail vast wealth, far exceeding past chairs House Republican campaign arm touts tax cuts in new 2026 election ad Vance says ‘the ball is in Iran’s court’ to move peace talks further, as U.S. blockade takes effect Vought was testifying on President Donald Trump 's fiscal 2027 budget request , which calls for $1.5 trillion in defense spending — a 44% increase — and a 10% cut to nondefense spending. More than a month into the war, its total cost is still unclear, though the Trump administration is likely to request additional funds from Congress for the ongoing conflict. The Washington Post reported last week that the White House could seek between $80 billion and $100 billion, down significantly from the $200 billion the Pentagon initially proposed to the White House in March. Defense Secretary Pete Hegseth at the time said "It takes money t...

SLNH 8-K及美國證券交易委員會申報文件 Yahoo 財經

AI agents can connect together, but they cannot think together. That’s a huge difference and a bottleneck for next-gen systems, says Outshift by Cisco’s SVP and GM Vijoy Pandey. As he describes the current state of AI: Agents can be stitched together in a workflow or plug into a supervisor model — but there's no semantic alignment, no shared context. They’re essentially working from scratch each go-around. This calls for next-level infrastructure, or what Pandey describes as the "internet of cognition." “Agents are not able to think together because connection is not cognition,” he said. “We need to get to a point where you are sharing cognition. That is the greater unlock.” Creating new protocols to support next-gen agent communication So what is shared cognition? It’s when AI agents or entities can meaningfully work together to solve for something net new that they weren’t trained for, and do it “100% without human intervention,” Pandey said on the latest episode of Beyond the Pilot . The Cisco exec analogizes it to human intelligence. Humans evolved over hundreds of thousands of years, first becoming intelligent individually, then communicating on a basic level (with gestures or drawings). That communication improved over time, eventually unlocking a ‘cognitive revolution’ and collective intelligence that allowed for shared intent and the ability to coordinate, negotiate, and ground and discover information. “Shared intent, shared context, collective innovation: That's the exact trajectory that's playing out in silicon today,” Pandey said. His team sees it as a “horizontal distributed assistance problem.” They are pursuing “distributed super intelligence” by codifying intent, context, and collective innovation as a set of rules, APIs, and capabilities within the infrastructure itself. Their approach is a set of new protocols: Semantic State Transfer Protocol (SSTP); Latent Space Transfer Protocol (LSTP); and Compressed State Transfer Protocol (CSTP). SSTP operate...

COMEX铝期货涨超1%，现报3581.5美元/公吨。

When tech CEOs like Sam Altman and Dario Amodei acknowledge the risks of AI, they’re selling you a product, Bloomberg Opinion columnist Parmy Olson says. (Source: Bloomberg)

AMD stock price forecast: strong bullish signals as AMD consolidates near 52-week highs Traders Union

Defendants used sledgehammers and crowbars to destroy drones at Israeli-linked arms factory, says prosecution Six Palestine Action activists entered an Israeli-linked arms factory intending to smash up as much property as possible before police arrived, a court has heard. Prosecutor Deanna Heer KC said the defendants used sledgehammers and crowbars to destroy drones manufactured by Elbit Systems and computers at its factory in Filton, near Bristol, on 6 August last year. Continue reading...

财联社4月16日讯（编辑 赵昊） 英国自动驾驶技术初创公司Wayve获得了来自AMD、Arm高通创投的新一轮投资，这些科技巨头的加入使其投资者阵容进一步扩大，同时也增强了其与谷歌旗下Waymo等竞争对手抗衡的实力。 当地时间周三（4月15日）发布的新闻稿写道，Wayve已获得来自AMD、Arm和高通创投的6000万美元投资，进一步扩大了其D轮融资规模。今年2月时，Wayve宣布其D轮融资筹集了12亿美元。 分析指出，尽管金额相对不大，但这笔投资具有明显的战略意义。Wayve的技术旨在让汽车实现自动驾驶，而无需依赖高精地图或在特定区域进行大量训练，这与Waymo等竞争对手的路径有所不同。 新闻稿写道，Wayve正在开发端到端的具身人工智能软件，该软件能够实现跨不同环境和车辆的点对点导航，涵盖L2+到L3/L4的自动驾驶，且无需依赖高清地图。 Wayve指出，“与专为特定车型或硬件配置打造的自动驾驶系统不同，Wayve AI Driver的目标是跨多种车辆平台和配置运行。” 当下，不同车企使用不同的芯片来驱动无人驾驶汽车，例如英伟达或高通的方案，Arm和AMD也都有参与汽车芯片的研发。在2月的12亿美元融资中，Wayve已宣布英伟达为投资方。 随着主要半导体厂商几乎全部入局，Wayve有望与这些公司展开更紧密合作，加速其技术商业化并向更多车企销售。 Wayve首席执行官Alex Kendall在接受采访时表示：“令人兴奋的是，这为我们的客户提供了选择不同芯片平台的自由，也让我们能够兼容行业中已经广泛使用的技术。” “我们可以在行业现有基础上推进，这将显著提升我们技术落地的速度和规模。” 目前，Wayve已在英国、德国、日本和美国测试其自动驾驶汽车，并已与日产达成商业合作，将其AI技术整合到驾驶辅助系统中。今年3月，双方与Uber还宣布将共同开发Robotaxi。 随着市场竞争加剧，Wayve面临的压力也在上升。其竞争对手，Alphabet旗下的Waymo也已在日本和英国开展测试。 周二，Waymo宣布其在伦敦的测试车辆已配备安全员上路，这是正式向公众提供载客服务前的重要一步，该公司计划在今年推出相关服务。

Eluned Morgan says US under Donald Trump is ‘not partner it once was’ with Iran threats and ‘contempt’ towards UK Wales’s first minister has called on Keir Starmer to suspend a big joint defence project with the US, saying that under Donald Trump the country is “not the partner it once was”. In a statement on Wednesday, Labour’s Eluned Morgan cited the US president’s “contempt” towards the UK and his threat to “annihilate” Iran as reasons to halt the development of the Deep Space Advanced Radar Capability (Darc) programme in Pembrokeshire, part of the Aukus defence partnership between the UK, US and Australia. Continue reading...

LEG 10-K及美國證券交易委員會申報文件 Yahoo 財經

Bence Bezeredy/iStock Editorial via Getty Images In my view, Spotify ( SPOT ) is the go-to music streaming service, and I believe the "go-to" moat is what makes the company attractive at current levels. The company will be releasing its Q1 towards the end of April, and I will be looking for an encore performance to its Q4 release. When that was released in early February, the company reported strong user growth and better-than-expected earnings. This helped send shares up about 15% following the release. With the stock trading at the lower half of its 52-week range and still down about 10% YTD, I believe investors are afforded a reasonable entry point in a market leader, which I believe will remain dominant in the months and years ahead. SPOT Stock Key Metrics SPOT isn’t a discounted stock by any means. Shares are graded poorly on valuation by Seeking Alpha’s (“SA”) quant scores, and the multiples do rightly seem elevated. Its current forward earnings multiple, for example, stands at over 30x. In addition, its enterprise value hovers in the mid-20x to mid-30x range of both EBITDA and EBIT. Bargain hunters are likely not seeing basement bin pricing here. Seeking Alpha - Valuation Metrics Of SPOT Stock However, I believe the premium pricing is very much warranted. The company is reporting double-digit percentage sales growth and is crushing its earnings estimates. In its Q4 release, for example, SPOT beat its earnings estimates by a whopping €1.65/share. I also believe SPOT faces very little competition from other streaming alternatives, such as Apple ( AAPL ) Music and Amazon’s ( AMZN ) streaming service. Seeking Alpha - Growth Metrics Of SPOT Stock Sentiment across the analyst community is similarly bullish, with both the SA community and Wall Street highly bullish on SPOT’s prospects. And among Wall Street, consensus targets see over 20% upside potential remaining in the stock. Seeking Alpha - Average Price Target Of SPOT Stock I very much believe shares can reach ...

JulieAlexK/iStock via Getty Images By Garey J. Aitken, CFA and Timothy W. Caulfield Managing Volatility with Discipline Market Overview Canadian equities delivered gains in the first quarter, though the path was not linear. January and February were generally strong, supported by resilient risk appetite and continued leadership from select areas of the market. That changed abruptly in March as the onset of the Iran war introduced a new source of geopolitical instability and raised concerns around the security of oil shipments through the Strait of Hormuz. The resulting increase in energy prices added a new layer of uncertainty to the macro outlook, particularly through the potential knock-on effects on inflation expectations and interest rate policy. The S&P/TSX Composite Total Return Index (TRI) briefly fell into negative year-to-date territory during March before recovering to finish the quarter up 3.9%. While tariff risks and AI-related disruption remained important market themes during the quarter, both took somewhat of a back seat as investors shifted their attention toward the more immediate geopolitical and macroeconomic implications of higher oil prices. Market uncertainty has not disappeared, and concerns around the longer-term effects of AI on business models and industry structure continue to drive significant stock-level dispersion. However, by quarter end, the market’s focus had broadened to include the possibility that rising commodity prices, particularly in energy, could complicate the path of monetary easing and place renewed upward pressure on long-term yields. The macro backdrop at quarter end reflected these crosscurrents. WTI crude oil ended the quarter at $101.38 per barrel (in USD), while natural gas finished at $2.88 per mmcf. Gold hit an all-time high of $5,318 in January (in USD), then retraced in March to finish the quarter at $4,647 per ounce. While geopolitical uncertainty and broader macroeconomic concerns continued to support demand fo...

美国财政部长贝森特表示，美国不会延长此前允许在不面临美国制裁的情况下购买部分伊朗和俄罗斯石油的豁免许可。贝森特在白宫简报会上表示：“我们不会延长针对俄罗斯石油的通用许可，也不会延长针对伊朗石油的通用许可。这些许可适用于3月11日之前已经在海上的石油，现在都已经用完了。”这些举措标志着特朗普政府利用制裁豁免来释放更多石油供应、以压低飙升的全球能源价格的努力已经结束。 3月份，贝森特表示，美国财政部于3月20日发布的伊朗石油豁免，曾允许约1.4亿桶原油进入全球市场，在战争期间帮助缓解了能源供应压力。该豁免将于4月19日到期。

总台记者自巴基斯坦方面获悉，当地时间15日晚间，由巴基斯坦陆军参谋长穆尼尔率领的代表团正在与伊朗官员举行会晤，继续推进斡旋美伊谈判。（央视新闻）

Donors exceed funding target at Berlin conference but prospects for ceasefire remain distant More than £1bn has been pledged for war-ravaged Sudan at a conference in Berlin, eclipsing the funding target organisers had set to help mitigate the world’s largest humanitarian crisis. The financial commitments made on Wednesday will also help offset a chronic humanitarian funding shortfall in a country devastated by three years of conflict, where two-thirds of its population – 34m people – require assistance. Continue reading...

AMD's MI450 Chip Could Change Everything for the Stock. Here's What Investors Need to Know Before It Launches. The Motley Fool

Since Iran closed the Strait of Hormuz on February 28, 2026, the global oil market has been volatile. U.S. and Israeli strikes on Iranian energy infrastructure sent crude prices surging through March. A ceasefire briefly knocked Brent below $100, then Pakistan-brokered talks collapsed after 21 hours of negotiations. President Trump announced a naval blockade of ... Forget Exxon. The Smartest Oil Trade in 2026 Is the Company That Owns the Ground Beneath It

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No matter how you slice it, U.S. stocks seem to be already moving past the Iran conflict. But commodity markets and other financial assets aren’t ready to turn the page just yet.

Glydways is in talks to raise another $250 million as it prepares to launch three pilot programs.

H.B. Fuller Company ( FUL ) is expected to announce a dividend hike in mid-April, extending its 56-year dividend growth streak based on historical trends. Analysts expect a consensus annual dividend of $0.97 per share, implying a quarterly dividend of $0.2425, which would represent a 3.2% increase from the prior payout of $0.235. The company last paid a dividend of $0.235 per share in February 2026, representing an annual yield of 1.49%, and raised its dividend last April by 5.6% to $0.235 from $0.225. The specialty materials company has delivered a 5-year dividend growth rate of approximately 7.7% and maintains a 4-year average payout ratio of 21.05%. The company holds ratings of B for safety, B- for growth, C for yield, and A+ for dividend consistency. More on H.B. Fuller H.B. Fuller Company (FUL) Q1 2026 Earnings Call Transcript H.B. Fuller Company 2026 Q1 - Results - Earnings Call Presentation I'm Less Positive On H.B. Fuller After This Quarter (Downgrade) H.B. Fuller outlines $4.55–$4.90 EPS guidance and mid-single digit revenue growth amid supply chain volatility H.B. Fuller Non-GAAP EPS of $0.57 beats by $0.02, revenue of $771M misses by $14.01M

And can Novo Nordisk catch up to its rival in the weight loss market?