One Guggenheim analyst isn’t blinking. Even as Oracle (NYSE:ORCL) stock sits down 23% year-to-date and roughly 54% off its September 2025 highs, the firm’s analyst hasn’t touched the $400 price target. The call is simple and bold: “Free cash flow, this thing turns into a free cash flow waterfall in fiscal 29 and 30.” That’s ... Guggenheim analyst predicts Oracle free cash flow ‘waterfall’ in fisca...
One Guggenheim analyst isn’t blinking. Even as Oracle (NYSE:ORCL) stock sits down 23% year-to-date and roughly 54% off its September 2025 highs, the firm’s analyst hasn’t touched the $400 price target. The call is simple and bold: “Free cash flow, this thing turns into a free cash flow waterfall in fiscal 29 and 30.” That’s ... Guggenheim analyst predicts Oracle free cash flow ‘waterfall’ in fiscal 29-30
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at why Israel is courting Somaliland. The rift at the top of Senegal’s government widens Dangote’s gamble on a mega-refinery is paying off And finally, we scoured Cape Town’s top dining spots Perfectly Placed Far from the...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at why Israel is courting Somaliland. The rift at the top of Senegal’s government widens Dangote’s gamble on a mega-refinery is paying off And finally, we scoured Cape Town’s top dining spots Perfectly Placed Far from the bombs falling on Iran, there’s an idyllic corner of East Africa where Israel is quietly moving its defenses against one of the Islamic Republic’s key proxies — the Houthis in Yemen. In Somaliland, Israeli officials are preparing a strategic partnership with the breakaway government that may involve building a base – possibly covert – on its pristine coast just 260 kilometers (160 miles) across the Gulf of Aden. In recent months, intelligence officers have visited the territory, which unilaterally declared independence from Somalia in 1991, to identify a possible site on the coast. The Houthis have become a major focal point for Israel as it looks to extinguish threats following the war in Gaza, and as it battles Iran. An Israeli general warned that its intelligence showed the group has hundreds of rockets that can reach Tel Aviv as well as networks spread across the region, including in Syria and Egypt. It’s early days, but the city of Berbera on Somaliland’s coast offers a prime location from where to attack the Houthis because it includes Africa’s longest runway — 5 kilometers — as well as a deep-water port facility run by the United Arab Emirates. It’s a risky move for both. Israel’s decision to recognize Somaliland’s sovereignty places it alone in the world and puts it in direct competition with Turkey , a key supporter of the Somali government in Mogadishu that rejects the region’s claim to independence. Meanwhile, Somalia has offered the US its ports and airports for military purposes. It also puts a possible target on Somaliland, a region with few defenses and even ...
Paper Boat Creative/DigitalVision via Getty Images The BlackRock Enhanced Global Dividend Trust ( BOE ) is a closed-end fund that aims to provide investors with a high level of current income. As the fund primarily seeks to achieve its goal by using a portfolio that is primarily invested in common equities, it also seeks to provide its investors with an appreciable amount of capital gains. After a...
Paper Boat Creative/DigitalVision via Getty Images The BlackRock Enhanced Global Dividend Trust ( BOE ) is a closed-end fund that aims to provide investors with a high level of current income. As the fund primarily seeks to achieve its goal by using a portfolio that is primarily invested in common equities, it also seeks to provide its investors with an appreciable amount of capital gains. After all, one of the biggest reasons why investors purchase equities in the first place is that they wish to earn capital gains. This has been especially noticeable over the past 15 years or so, as even sectors that are frequently considered to have high yields have only paid out 2% to 3%. The utilities sector is a good example of this as the Utilities Select Sector Index ( XLU ) only yields 2.47% at the current level. The BlackRock Enhanced Global Dividend Trust, fortunately, manages to present income-seeking investors with a much more attractive proposition than a typical index fund. As of the time of writing, this closed-end fund boasts an 8.74% distribution yield at the current price. That is certainly likely to prove to be very attractive to many investors for whom the generation of income is of a high priority, but of course, we should never purchase a fund based solely on yield alone. In this article, we will take a closer look at the BlackRock Enhanced Global Dividend Trust and see if purchasing its shares today would make sense for an income investor. Understanding The BlackRock Enhanced Global Dividend Trust And Its Strategy The website for the BlackRock Enhanced Global Dividend Trust describes its strategy thusly: Under normal circumstances, the Fund invests at least 80% of its net assets in dividend-paying equity securities and at least 40% of its assets outside of the U.S.. The Fund may invest in securities of companies of any market capitalization, but intends to invest primarily in securities of large capitalization companies. The Fund generally intends to write co...
primeimages/iStock via Getty Images Market Review During the fourth quarter of 2025, global equity markets continued to advance with the MSCI ACWI Ex-US gaining 5.1%. Market leadership, while still helped by Technology, broadened more significantly toward value and cyclical sectors, such as Materials, Utilities, Financials, and Health Care, as well as small-caps. While results were disappointingly...
primeimages/iStock via Getty Images Market Review During the fourth quarter of 2025, global equity markets continued to advance with the MSCI ACWI Ex-US gaining 5.1%. Market leadership, while still helped by Technology, broadened more significantly toward value and cyclical sectors, such as Materials, Utilities, Financials, and Health Care, as well as small-caps. While results were disappointingly inconsistent over the past year, Jennison remains very enthusiastic about the major positions in the PGIM Jennison International Opportunities Fund as both fundamentals and the intermediate-term outlook appear robust. The team continues to adhere to its disciplined investment approach focusing on high-quality businesses with sustainable competitive advantages, unique business models, and strong revenue growth profiles. In today’s market, Jennison is most excited about the secular growth opportunities in generative artificial intelligence (AI), global consumer brands with unique pricing power and distribution models, emerging markets’ consumer and financial technology platforms, and exciting product cycles within Health Care. Sector Performance The MSCI ACWI Ex-U.S. Index gained 5.1% in the quarter. Information Technology and Materials were the top-performing sectors. Real Estate, Consumer Discretionary, and Communication Services were the only negative sectors for the quarter. MSCI ACWI ex-U.S. SECTOR RETURNS (%) 4Q25 1-Year Information Technology 11.09 41.04 Materials 9.38 46.00 Utilities 7.94 37.37 Financials 7.83 45.18 Health Care 7.46 16.59 Energy 5.08 23.48 Industrials 3.31 35.36 Consumer Staples 2.84 17.71 Real Estate -0.49 18.51 Consumer Discretionary -2.50 16.84 Communication Services -6.85 30.95 Click to enlarge Source: Morningstar as of 12/31/2025. Used with permissions. Fund Performance The PGIM Jennison International Opportunities Fund ( PWJZX ) returned -3.8% during the fourth quarter, underperforming the 5.1% return of the index. FUND RETURNS VS. BENCHMARK (%...
alexsl Ligand Pharmaceuticals ( LGND ) traded higher in the premarket on Wednesday after Bank of America launched its coverage with a Buy recommendation and a $244 target, citing its high-margin but less risky business model. Analyst Jason Zemansky argued that the biopharma royalty firm runs a “unique model” as it provides “capital and technology to drug and medical device developers to generate d...
alexsl Ligand Pharmaceuticals ( LGND ) traded higher in the premarket on Wednesday after Bank of America launched its coverage with a Buy recommendation and a $244 target, citing its high-margin but less risky business model. Analyst Jason Zemansky argued that the biopharma royalty firm runs a “unique model” as it provides “capital and technology to drug and medical device developers to generate diversified, high-margin returns.” Zemansky noted that the company has recorded attractive share and earnings growth since it transitioned to its current business model in 2022. Zemansky highlighted the firm's investment team in particular, calling it one of LGND’s greatest assets that differentiates the company from its rivals and adds credibility to the thesis. “With decades of experience, strong industry relationships, and disciplined deal selection, the team has a strong record of execution," he wrote. The analyst added that despite outperforming its biotech peers over the past 12 months, Ligand ( LGND ) stock is poised to record further gains, “with increased investor confidence from meeting its annual and long-term growth targets likely to drive further engagement.” More on Ligand Pharmaceuticals Ligand Pharmaceuticals Incorporated 2025 Q4 - Results - Earnings Call Presentation Ligand Pharmaceuticals Incorporated (LGND) Q4 2025 Earnings Call Transcript Ligand Pharmaceuticals: 2026 Guidance May Already Be Included In Current Valuation Ligand outlines 23% CAGR royalty growth outlook through 2030 as royalty portfolio accelerates Ligand Pharmaceuticals Non-GAAP EPS of $2.02 beats by $0.52, revenue of $59.7M beats by $4.11M
This article first appeared on GuruFocus. Advanced Micro Devices (AMD, Financials) CEO Lisa Su is scheduled to meet Samsung Electronics Chairman Jay Y. Lee in South Korea next week to discuss cooperation on securing supplies of high-bandwidth memory used in artificial intelligence chips. According to a report by Maeil Business Newspaper that cites industry insiders, Su plans to go to South Korea o...
This article first appeared on GuruFocus. Advanced Micro Devices (AMD, Financials) CEO Lisa Su is scheduled to meet Samsung Electronics Chairman Jay Y. Lee in South Korea next week to discuss cooperation on securing supplies of high-bandwidth memory used in artificial intelligence chips. According to a report by Maeil Business Newspaper that cites industry insiders, Su plans to go to South Korea on March 18 and will also meet with Choi Soo-yeon, the head of Naver. Samsung did not want to talk about the meeting that was arranged. Naver said that a meeting with AMD was planned, but they didn't say what would be on the agenda. The talks are happening because there is a lot of demand for sophisticated memory technologies including high-bandwidth memory, DRAM, and NAND. These are important parts of AI accelerators used in data centers. These memory chips are used by companies like AMD and Nvidia (NVDA, Financials) to run big AI systems. The source added that AMD and Naver may also talk about working together on a larger scale, such as increasing the supply of semiconductors for data centers, building sovereign AI infrastructure, and working together on new computer technologies. Su's visit will happen at the same time as Nvidia's annual GTC developer conference in San Jose, which is from March 16 to March 19 and usually has big news about AI hardware and software.
Leeds Grand theatre Annabelle Lopez Ochoa’s choreography keeps a tight hold on the narrative and the erotically charged pas de deux between the lovers packs real heat Northern Ballet’s new show is both progressive and conventional. Progressive because this could be the first lesbian love story in a major ballet. It is based on the life of Anne Lister, the 19th-century Yorkshire landowner also know...
Leeds Grand theatre Annabelle Lopez Ochoa’s choreography keeps a tight hold on the narrative and the erotically charged pas de deux between the lovers packs real heat Northern Ballet’s new show is both progressive and conventional. Progressive because this could be the first lesbian love story in a major ballet. It is based on the life of Anne Lister, the 19th-century Yorkshire landowner also known as Gentleman Jack. Conventional because, in terms of form, choreographer Annabelle Lopez Ochoa keeps a tight handle on narrative and plays into what ballet dancers can do – the long arabesques and fluency of motion. It’s an accessible, stylish production that happens to put the love between two women (three, actually) centre stage. Gemma Coutts plays Lister in top hat, frock coat and flat ballet shoes. Like the choreography, she is strong and straightforward. She has a cocky motif, a flick of the hip and the leg, that brims with self-confidence. She raps her cane on the floor and men fall in line. But we also see her romantic side. There’s an erotically charged pas de deux on a dining table with her great love Mariana (Saeka Shirai). It’s not X-rated but has real heat and tenderness and desire. Lister holds up the bell she uses for bossing her staff around and weaves it around Mariana’s body without touching her: Mariana shivers. She brushes it down Mariana’s spine. This is some of the sexiest choreography I’ve seen in a while. Continue reading...
Jeremy Allaire, co-founder, chairman, and CEO of Circle, said stablecoins are a superior alternative to traditional banking for moving money, offering faster, cheaper, and more direct transactions with fewer intermediaries, as seen in markets like Turkey. He's on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded January 15 at the Economic Clu...
Jeremy Allaire, co-founder, chairman, and CEO of Circle, said stablecoins are a superior alternative to traditional banking for moving money, offering faster, cheaper, and more direct transactions with fewer intermediaries, as seen in markets like Turkey. He's on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded January 15 at the Economic Club of Washington, DC. (Source: Bloomberg)
AUSTIN, Texas, March 11, 2026 /PRNewswire/ -- JetCool, a Flex (NASDAQ: FLEX) company and a leading provider of end-to-end liquid cooling solutions for high-density compute, today announced it has collaborated with Broadcom to deliver liquid cooling for next-generation AI XPUs, backed by Flex's global mass production capabilities. As AI training and inference workloads accelerate, silicon power den...
AUSTIN, Texas, March 11, 2026 /PRNewswire/ -- JetCool, a Flex (NASDAQ: FLEX) company and a leading provider of end-to-end liquid cooling solutions for high-density compute, today announced it has collaborated with Broadcom to deliver liquid cooling for next-generation AI XPUs, backed by Flex's global mass production capabilities. As AI training and inference workloads accelerate, silicon power densities are advancing into sustained multi-kilowatt ranges per device. Thermal architecture now directly impacts system performance, long-term reliability, and deployment timelines. Through this collaboration, JetCool has developed a single-phase direct-to-chip cooling solution designed to integrate with Broadcom's mechanical and thermal reference architecture, enabling sustained multi-kilowatt ASIC operation at heat flux levels of 4 W/mm² per device. By aligning silicon design, advanced packaging, mechanical integration, and thermal engineering early in development, Broadcom and JetCool are enabling AI platforms engineered for performance and repeatable manufacturing. Combining JetCool's direct-to-chip liquid cooling, Flex's global manufacturing scale, and Broadcom's custom AI silicon expertise, the partnership establishes a production-ready thermal foundation for hyperscale AI infrastructure. "At Broadcom, we design AI systems to lead at hyperscale," said Ken Kutzler, VP of AI Systems Development for Broadcom's ASIC Products Division. "Supporting multi-kilowatt ASIC platforms requires a tight coordination across silicon architecture, advanced packaging, power delivery, and thermal engineering. Our partnership with JetCool, combined with Flex's manufacturing and integration capabilities, provides a clear path from advanced ASIC innovation to high-volume AI XPU deployment." "Cooling has become a primary design constraint for next-generation AI silicon," said Bernie Malouin, PhD, VP, Liquid Cooling at Flex. "JetCool's advanced direct-to-chip cold plate technology, combined wi...
The tech sector is now massive, and buying the Invesco QQQ Trust (NASDAQ:QQQ) alone does not cut it. Instead, you should dig deeper and buy Global X Defense Tech ETF (NYSEARCA:SHLD), Tema Electrification ETF (NASDAQ:VOLT), and Procure Space ETF (NASDAQ:UFO), which are outperforming the broader tech stocks significantly. But why should you diversify out of ... Forget QQQ: 3 Sector ETFs Quietly Outp...
The tech sector is now massive, and buying the Invesco QQQ Trust (NASDAQ:QQQ) alone does not cut it. Instead, you should dig deeper and buy Global X Defense Tech ETF (NYSEARCA:SHLD), Tema Electrification ETF (NASDAQ:VOLT), and Procure Space ETF (NASDAQ:UFO), which are outperforming the broader tech stocks significantly. But why should you diversify out of ... Forget QQQ: 3 Sector ETFs Quietly Outperforming Tech by a Mile in 2026
This article first appeared on GuruFocus. Tesla (TSLA, Financials) said that sales of electric vehicles built in China went up a lot in February, thanks in part to a low comparative base from the year before. Last month, the American car company sold 58,600 Model 3 and Model Y cars made at its facility in Shanghai, including cars sent to Europe and other places. Tesla China revealed figures showin...
This article first appeared on GuruFocus. Tesla (TSLA, Financials) said that sales of electric vehicles built in China went up a lot in February, thanks in part to a low comparative base from the year before. Last month, the American car company sold 58,600 Model 3 and Model Y cars made at its facility in Shanghai, including cars sent to Europe and other places. Tesla China revealed figures showing that the number is up 91% from the same time last year. Sales in February were 15.2% lower than in January, even though they grew strongly every year. The year-over-year rise comes after a 9.3% rise in January and is the fourth month in a row that sales of Tesla's China-made cars have gone up. February's performance was affected by seasonal influences. Last year, deliveries were disrupted by a partial shutdown of the assembly line at Tesla's Shanghai plant while the firm worked on improving production for the new Model Y over the Lunar New Year. The first two months of the year are usually quite busy in China's car business because the Lunar New Year vacations change, which affects manufacturing schedules and customer demand. The Shanghai facility of Tesla is a key part of the company's worldwide supply chain. It makes cars for both domestic and international markets.