Alphotographic Elias Haddad, global head of markets strategy at Brown Brothers Harriman, expects an acceleration in the “gradual erosion” of the U.S. dollar’s ( DXY ) dominance, though he does not foresee the greenback losing its status as the world’s primary reserve currency. In an interview with CNBC, Haddad identified three structural drags weighing on the currency: fading confidence in U.S. tr...
Alphotographic Elias Haddad, global head of markets strategy at Brown Brothers Harriman, expects an acceleration in the “gradual erosion” of the U.S. dollar’s ( DXY ) dominance, though he does not foresee the greenback losing its status as the world’s primary reserve currency. In an interview with CNBC, Haddad identified three structural drags weighing on the currency: fading confidence in U.S. trade and security policies, a lack of U.S. fiscal credibility, and “ongoing politicization of the Fed.” Despite these headwinds, Haddad emphasized that no viable alternative exists to challenge the dollar’s supremacy. “There’s just no other currency that comes close to the dollar’s dominance, whether it’s as a unit of account, a means of payment, or even as a store of value,” he said. While the Eurozone is becoming more integrated through the issuance of common debt, progress remains slow. Current market data suggests continued demand for dollar-denominated assets despite the erosion narrative. Haddad noted that the dollar’s share of central bank reserves has actually increased slightly since last year, and the latest Treasury International Capital data from February shows foreigners “piling up in record amounts in U.S. long-term securities.” The strategist also pointed to diverging currency interests between the U.S. and China as a factor that could support dollar weakness. The Trump administration’s goal of boosting domestic manufacturing and narrowing the trade deficit would benefit from a weaker currency, while China needs a stronger renminbi ( SPCBCNY ) to shift its economy from investment toward household consumption. Haddad cautioned that any meaningful shift away from dollar dominance would unfold over decades rather than overnight. He compared the current situation to the British pound’s ( FXB ) decline, which took 20 to 30 years after World War I despite Britain’s peak relative economic outperformance. “The stage is set for this gradual erosion,” Haddad said, descr...
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended April 11th.
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended April 11th.
There's no denying the volatility of Nvidia (NASDAQ: NVDA) in recent months. Case in point: After soaring 1,320% since early 2023, the stock began to lose altitude in late October. Uncertainty about the future adoption of artificial intelligence (AI) and fears about rising competition took hold -- and fair-weather investors got nervous. During the ensuing five months, the stock crept steadily lowe...
There's no denying the volatility of Nvidia (NASDAQ: NVDA) in recent months. Case in point: After soaring 1,320% since early 2023, the stock began to lose altitude in late October. Uncertainty about the future adoption of artificial intelligence (AI) and fears about rising competition took hold -- and fair-weather investors got nervous. During the ensuing five months, the stock crept steadily lower , in a downturn that saw the chipmaker shed roughly 20% of its value. The tide of sentiment has turned, and Nvidia stock has done something that has never happened before in the company's storied history -- and it holds an important lesson for investors. Image source: The Motley Fool. Continue reading
arild lilleboe/iStock via Getty Images Transocean ( RIG ) said Thursday it was awarded a five-well contract for its Deepwater Asgard rig in the eastern Mediterranean Sea by an unnamed operator, with operations set to begin in Q4. Transocean ( RIG ) said it expects the estimated 390-day campaign will add $158M to its backlog, not including extra services and mobilization costs. Combined with recent...
arild lilleboe/iStock via Getty Images Transocean ( RIG ) said Thursday it was awarded a five-well contract for its Deepwater Asgard rig in the eastern Mediterranean Sea by an unnamed operator, with operations set to begin in Q4. Transocean ( RIG ) said it expects the estimated 390-day campaign will add $158M to its backlog, not including extra services and mobilization costs. Combined with recent contracts for four other rigs in Norway and Brazil ( I , II ), Transocean's ( RIG ) total backlog additions have reached ~$1.6B since the beginning of April. More on Transocean Transocean: Rising Day Rates And Cash Flows Mean I'm Getting On Board Transocean: A Long-Term Structural Play On Deepsea Drilling Revival Transocean And Valaris Are Making A Great Move By Joining Forces
P_Wei BlackRock ( BLK ) isn’t just buying the dip—it’s quietly rewriting the scale of institutional Bitcoin ( BTC-USD ) demand. In just 48 hours, the asset manager pulled in a massive $505.7M into its iShares Bitcoin Trust ETF ( IBIT ). The firm added $213.8M on April 14 and $291.9M on April 15, keeping it firmly at the top of ETF inflows. According to Arkham Intelligence, this aggressive accumula...
P_Wei BlackRock ( BLK ) isn’t just buying the dip—it’s quietly rewriting the scale of institutional Bitcoin ( BTC-USD ) demand. In just 48 hours, the asset manager pulled in a massive $505.7M into its iShares Bitcoin Trust ETF ( IBIT ). The firm added $213.8M on April 14 and $291.9M on April 15, keeping it firmly at the top of ETF inflows. According to Arkham Intelligence, this aggressive accumulation has pushed BlackRock’s ( BLK ) total Bitcoin ( BTC-USD ) holdings to $59.31B, with an average client entry price near ~$89K The company's holdings had hit a low on February 25, but since then, they’ve jumped by more than $11B—showing strong comeback demand from big investors. Looking at the bigger picture, U.S. spot Bitcoin ETFs saw $186M in total inflows on April 15, with IBIT bringing in the biggest share, as seen in the SoSovalue chart. Bitcoin ETF inflows (SoSoValue) BlackRock CEO Larry Fink, in a recent interview with CNBC, said, “I believe we are just at the beginning of growing the global capital market,” adding that historically, “buying the dips” has consistently rewarded investors. CNBC: Larry Fink interview (CNBC) His comments align closely with BlackRock’s ( BLK ) current positioning—accumulating even as Bitcoin ( BTC-USD ) trades around $74K, slightly below its recent $75K monthly peak. Meanwhile, the capital isn't limited to Bitcoin ( BTC-USD ) only; other crypto ETFs have also seen inflows. Ethereum ( ETH-USD ) ETFs brought in $67.85M, while Solana ( SOL-USD ) and XRP ( XRP-USD ) ETFs saw $5.36M and $17.11M, respectively. This shows broader institutional appetite across the cryptocurrency market. At the same time, BlackRock ( BLK ) stock traded at $1,051.99 (+0.32%) in pre-market hours, showing positive investor confidence in the firm's ongoing crypto accumulation. More on BlackRock, Bitcoin USD, etc. BlackRock: Time To 'Buy' This Eventual Dividend Aristocrat Now Bitcoin's Price Outlook: Battles 75k Resistance As Bulls Eye Further Gains Market Brief: Bit...
ablokhin/iStock Editorial via Getty Images More than a year after my first analysis, J.B. Hunt Transport Services, Inc. ( JBHT ) has already risen dramatically and given over 50% returns. I can’t blame investors considering JBHT’s solid fundamentals and strong market positioning amid market undercapacity. But now, we are seeing mounting headwinds, which may erode its value. Valuation reflects over...
ablokhin/iStock Editorial via Getty Images More than a year after my first analysis, J.B. Hunt Transport Services, Inc. ( JBHT ) has already risen dramatically and given over 50% returns. I can’t blame investors considering JBHT’s solid fundamentals and strong market positioning amid market undercapacity. But now, we are seeing mounting headwinds, which may erode its value. Valuation reflects overpricing and downside risks. Technicals are still in an uptrend, but overbuying and early bearish divergence trend signals caution. JBHT Q1 2026: A Solid Start Macroeconomic conditions remain uncertain amid stubborn inflation, tariff wars, and geopolitical tensions. Freight and logistics companies are often the first ones to feel the combined impact of these aspects. Even an established business like J.B. Hunt Transport Services, Inc. is not entirely shielded from these mounting headwinds. Yet, its well-diversified business model and strong network capacity allow it to take advantage of the situation. This was visible in its most recent performance. In Q1 2026, its operating revenue amounted to $3.1B , up by 4.6% YoY from $2.9B. This was quite a big difference from my first analysis because revenues dropped by 4.8% YoY. I think this was impressive amid the softer market conditions, driven by weaker consumption and higher cost pressures in most businesses. I think one of the factors that help it is its strategic business diversification. It does not concentrate heavily on traditional truckload services like many companies in the industry. Instead, it caters to various market needs by integrating its own with outsourced platforms and acting as a middleman between shippers and third-party service providers. Another factor is its pricing strategy. For instance, it lowered its revenue per load in the intermodal segment to attract more loads. In other segments like Integrated Capacity Solutions and Truckload, demand was really high, allowing it to raise prices. But more importantl...
DTEK Oil & Gas is looking to tap a fund launched as part of the mineral resources deal between the US and Ukraine for investment, according to people familiar with the matter. The company, owned by Ukraine’s richest man Rinat Akhmetov, is in discussions with the US-Ukraine Reconstruction Investment Fund about potential financing for some of its most complex and expensive projects, said the people,...
DTEK Oil & Gas is looking to tap a fund launched as part of the mineral resources deal between the US and Ukraine for investment, according to people familiar with the matter. The company, owned by Ukraine’s richest man Rinat Akhmetov, is in discussions with the US-Ukraine Reconstruction Investment Fund about potential financing for some of its most complex and expensive projects, said the people, who asked not to be identified because the matter is private. The US International Development Finance Corporation and the Ukrainian government provided $150 million of seed capital to invest in critical minerals, hydrocarbons and infrastructure in the country. The fund, which was started a year ago, made its first investment in March. DTEK Oil & Gas and the DFC declined to comment on the talks. Ukraine’s Ministry of Economy did not respond to requests for comment. For now, any outside funding is on hold as the firm seeks permission from investors in its $275 million bonds to transfer the rights to the projects to special-purpose vehicles, according to an exchange notice. Some of the rights are currently held by NGD Holding B.V., a restricted entity the company used to issue its bonds, which limits the ability of DTEK Oil & Gas to raise new financing. Last week, DTEK Oil & Gas said it is looking to extend the maturity of the bonds by three years to Dec. 2029. As part of the deal, bondholders would also allow the transfer of the development rights to new entities. DTEK Oil & Gas’s infrastructure has been damaged by shelling during the war and repair work is still ongoing. At the same time, its ability to transfer funds outside of Ukraine has been restricted by the National Bank of Ukraine’s capital controls, making it difficult for the company to repay its bond investors.
格隆汇4月16日｜字节跳动宣布前沿技术领域人才校招项目正式启动。据字节介绍，该项目是字节跳动面向全球优秀技术人才推出的招聘项目，涵盖全职和实习生招聘，全职岗位面向博士，实习岗位面向在校博士，开放大模型应用、搜索/推荐/广告、计算机体系结构与系统优化、安全/AI Safety、硬件、AI Coding、AIGC、视频架构、Al for Science等多个技术领域。工作地点包括北京、上海、深圳、杭州...
格隆汇4月16日｜字节跳动宣布前沿技术领域人才校招项目正式启动。据字节介绍，该项目是字节跳动面向全球优秀技术人才推出的招聘项目，涵盖全职和实习生招聘，全职岗位面向博士，实习岗位面向在校博士，开放大模型应用、搜索/推荐/广告、计算机体系结构与系统优化、安全/AI Safety、硬件、AI Coding、AIGC、视频架构、Al for Science等多个技术领域。工作地点包括北京、上海、深圳、杭州、成都、新加坡、悉尼、圣何塞、西雅图和圣地亚哥。
Irish director Lee Cronin follows his Evil Dead reboot with what feels like another Evil Dead film but without a real sense of humour Warner Bros would prefer that you referred to their new hard R take on The Mummy as Lee Cronin’s The Mummy, a bafflingly grandiose insistence that has earned some deserved ridicule online over the past few weeks. It’s partly to separate it from Universal’s upcoming ...
Irish director Lee Cronin follows his Evil Dead reboot with what feels like another Evil Dead film but without a real sense of humour Warner Bros would prefer that you referred to their new hard R take on The Mummy as Lee Cronin’s The Mummy, a bafflingly grandiose insistence that has earned some deserved ridicule online over the past few weeks. It’s partly to separate it from Universal’s upcoming return to the 90s-00s franchise (Blumhouse, the horror hit-makers behind the film, on X posted : “BRENDAN FRASER IS NOT IN LEE CRONIN’S THE MUMMY” last week) as well as what those films represented – safe, family-friendly and easily theme park-able . It’s also an attempt to capitalise on our pop auteur moment, one that Warners has helped to create with Ryan Coogler and Zach Cregger both front and centre of the campaigns for their hit genre films last year (The Mummy’s trailer notably heralds it as “from the studio who brought you Weapons” as if that were to mean all that much). While it is refreshing to see a studio focus on pushing a director over an actor (the last attempt at a Mummy movie relied on the star power of Tom Cruise, a decision that couldn’t stop the film from losing a considerable amount of money), it also speaks to an unearned indulgence and an expedited crowning of a genius before one has really had the chance to prove oneself (a lose-lose of-the-moment trend we need to move away from and one that, to his credit, Cronin was unsure about being a part of). Cronin, an Irish film-maker who has made just two films to date (The Hole in the Ground and Evil Dead Rise ), is an undeniable visual talent but his Mummy is also absurdly, watch-checkingly overlong (134 minutes is an unacceptable length for a genre film as thin as this), tonally unsure and, fatally, not all that scary. It’s also, for something so clearly attributed to just one person, a film so deeply influenced by the work of many, many others. It might not feel like a Mummy movie you’ve seen before but i...
TSLA jumps on AI5 chip progress, Terafab momentum, and a UBS upgrade, but EV weakness and execution risks raise questions on whether the stock is a buy now.
TSLA jumps on AI5 chip progress, Terafab momentum, and a UBS upgrade, but EV weakness and execution risks raise questions on whether the stock is a buy now.