Silicon Motion's earnings estimates are surging as new PCIe Gen5 SSD controllers and wider OEM partnerships lift growth hopes, while competition and geopolitics loom.
Silicon Motion's earnings estimates are surging as new PCIe Gen5 SSD controllers and wider OEM partnerships lift growth hopes, while competition and geopolitics loom.
Micron Technology Inc. (NASDAQ:MU) is one of the 10 Best Affordable Growth Stocks to Buy for the Next 5 Years. On March 31, Citi analyst Atif Malik reiterated a Buy rating on Micron Technology Inc. (NASDAQ:MU) while cutting the firm’s price target on the shares. He lowered the firm’s price target on the stock from […]
Micron Technology Inc. (NASDAQ:MU) is one of the 10 Best Affordable Growth Stocks to Buy for the Next 5 Years. On March 31, Citi analyst Atif Malik reiterated a Buy rating on Micron Technology Inc. (NASDAQ:MU) while cutting the firm’s price target on the shares. He lowered the firm’s price target on the stock from […]
slovegrove/iStock Editorial via Getty Images McEwen ( MUX ) is in talks with global lenders as it seeks financing for its $4B Los Azules copper project in Argentina, Managing Director Michael Meding told Bloomberg in an interview Tuesday. The company is engaging with multiple export credit agencies, including the U.S. Export-Import Bank , the U.S. International Development Finance Corp., and finan...
slovegrove/iStock Editorial via Getty Images McEwen ( MUX ) is in talks with global lenders as it seeks financing for its $4B Los Azules copper project in Argentina, Managing Director Michael Meding told Bloomberg in an interview Tuesday. The company is engaging with multiple export credit agencies, including the U.S. Export-Import Bank , the U.S. International Development Finance Corp., and financial groups from Europe and Japan, Meding told Bloomberg, adding that he met last month with officials from Ex-Im and DFC in New York, while a delegation from Japan recently visited the Los Azules site. Los Azules is seeking ~$4B in total financing, including $3.2B for capital spending, with McEwen ( MUX ) targeting a mix of 30%-40% equity and the remainder in debt. Export-credit agencies are expected to play a key role, with some already offering to finance as much as 85% of equipment costs, the company has said. Meding said the outreach underscores rising interest from financial institutions in Argentina's mining sector, amid improving policy conditions and new bilateral agreements, including a recent U.S.-Argentina framework to prioritize access to minerals such as copper. Additional equity financing may come from Rio Tinto ( RIO ) or another senior mining partner seeking to develop Los Azules as a joint venture, or through several parties combining to acquire a stake in a potential IPO of McEwen Copper ( MUX ), Meding said. More on McEwen McEwen Presents at The 38th Annual Roth Conference - Slideshow McEwen Q4 2025 Earnings Call Transcript Seeking Alpha’s Quant Rating on McEwen Mining
VP Vance Visits Hungary To Support Orban Ahead Of Election, Blasts EU "Interference" Authored by Kimberley Hayek via The Epoch Times, U.S Vice President JD Vance arrived in Budapest on April 7 for a two-day visit aimed at bolstering Hungarian Prime Minister Viktor Orban’s campaign, ahead of Hungary’s parliamentary elections on April 12. Vance and his wife, Usha Vance, were greeted at the Budapest ...
VP Vance Visits Hungary To Support Orban Ahead Of Election, Blasts EU "Interference" Authored by Kimberley Hayek via The Epoch Times, U.S Vice President JD Vance arrived in Budapest on April 7 for a two-day visit aimed at bolstering Hungarian Prime Minister Viktor Orban’s campaign, ahead of Hungary’s parliamentary elections on April 12. Vance and his wife, Usha Vance, were greeted at the Budapest airport by Hungarian Foreign Minister Peter Szijjarto. The two men greeted one another warmly, and Szijjarto presented Usha Vance with a bouquet of flowers. “I’m looking forward to seeing my good friend Viktor, and we’ll talk about any number of things related to the U.S.-Hungary relationship,” JD Vance told reporters before leaving Washington on Tuesday. He said the discussions would also cover broader relations with Europe and Ukraine. Speaking alongside the Hungarian prime minister during his two-day visit in Budapest, Vance said “the amount of interference that’s come from the bureaucracy in Brussels has been truly disgraceful.” “I won’t tell the people in Hungary how to vote,” he said, speaking ahead of this weekend’s election. “I’d encourage the bureaucrats in Brussels to do the exact same thing.” The election will decide whether Orban secures a fifth consecutive term as prime minister. Domestic concerns such as the economy and European Union relations are expected to dominate voter decisions in the parliamentary election. “The bureaucrats in Brussels have tried to destroy the economy of Hungary,” Vance said on Tuesday. “They have tried to make Hungary less energy independent. They have tried to drive up costs for Hungarian consumers. And they’ve done it all because they hate this guy.” On Feb. 15, opposition leader Peter Magyar launched the Tisza party’s election campaign in Budapest. The party has set out plans to draw Hungary closer to EU institutions. Orban, whose Fidesz party has held power since 2010, is one of the EU’s most vocal supporters of U.S. President Do...
In this article UAL DAL Follow your favorite stocks CREATE FREE ACCOUNT A Lufthansa passenger aircraft is parked at a gate while a SASCA fuel truck services it on the apron at Toulouse Blagnac Airport in Blagnac in Occitanie in France on March 15, 2026. Isabelle Souriment | AFP | Getty Images The surging price of jet fuel isn't the airline industry's only problem. Now, it's whether it will have en...
In this article UAL DAL Follow your favorite stocks CREATE FREE ACCOUNT A Lufthansa passenger aircraft is parked at a gate while a SASCA fuel truck services it on the apron at Toulouse Blagnac Airport in Blagnac in Occitanie in France on March 15, 2026. Isabelle Souriment | AFP | Getty Images The surging price of jet fuel isn't the airline industry's only problem. Now, it's whether it will have enough. Since the U.S. and Israel attacked Iran on Feb. 28, the price of jet fuel in the U.S. has nearly doubled, going from $2.50 a gallon on Feb. 27 to $4.88 a gallon on April 2, with the increases even sharper in other regions. The effective closure of the Strait of Hormuz is choking off supplies of both crude and refined products like jet fuel, further driving up the price. That's forcing airlines to consider cutting flights, especially overseas. Carsten Spohr, CEO of Germany's Deutsche Lufthansa, told employees in a webcast last week that the carrier is assigning teams to come up with contingency plans because of the war in the Middle East, including for drops in demand or a lack of jet fuel, a spokesman said. Those plans could include grounding some of its aircraft. The U.S. produces a lot of jet fuel and isn't as exposed as other regions like Europe and parts of Asia are in comparison. But aircraft fill up locally, so some U.S. airlines could face shortages on international trips. United Airlines CEO Scott Kirby told reporters late last month that the carrier, which has the most service to Asia among U.S. airlines, would have to cut back its flights there. He also said it's "not impossible" that airlines collectively would have to reduce service in that region. He noted that as the price of jet fuel goes up, it could be more acute in parts of the U.S. that aren't as connected by pipelines. "There's not enough refining capacity, and so fuel price prior to this and going forward is more susceptible to supply weakness on the West Coast than anywhere else in the country," ...
Market Catalysts host Julie Hyman takes a look at some of Tuesday morning's trending tickers and stories.Shares of health insurers, including UnitedHealth (UNH), Humana (HUM), and CVS (CVS), are soaring on news that the government will increase private insurer reimbursements by 2.48%.Broadcom (AVGO) is expanding its deals with Google (GOOG, GOOGL) and Anthropic (ANTH.PVT).Intel (INTC) is set to jo...
Market Catalysts host Julie Hyman takes a look at some of Tuesday morning's trending tickers and stories.Shares of health insurers, including UnitedHealth (UNH), Humana (HUM), and CVS (CVS), are soaring on news that the government will increase private insurer reimbursements by 2.48%.Broadcom (AVGO) is expanding its deals with Google (GOOG, GOOGL) and Anthropic (ANTH.PVT).Intel (INTC) is set to join Elon Musk's Terafab artificial intelligence (AI) chip project with Tesla (TSLA), SpaceX, and xAI.
It won't be long before Rivian starts delivering the first of its new R2 SUVs to the lucky owners. After wowing everyone with its R1S and R1T, the startup is ready to enter more mainstream market segments, first with the midsize R2 this year. Last month, we got pricing and trim details for the new electric SUV: $57,990 for the R2 Performance, the only version that will be available until the $53,9...
It won't be long before Rivian starts delivering the first of its new R2 SUVs to the lucky owners. After wowing everyone with its R1S and R1T, the startup is ready to enter more mainstream market segments, first with the midsize R2 this year. Last month, we got pricing and trim details for the new electric SUV: $57,990 for the R2 Performance, the only version that will be available until the $53,990 R2 Premium goes on sale in late 2026. Both of these R2s use the same spec battery with a capacity of 87.9 kWh. At the time, Rivian said it expected at least 330 miles (531 km) of range from these models on 21-inch tires. But it seems that details of the actual Environmental Protection Agency range certification have leaked and were posted to the Rivian Forums . And from those documents, we now know that, when fitted with 21-inch wheels and performance, the official EPA range estimate will be 335 miles (539 km). The testing also generated an official EPA range estimate for the R2 when fitted with smaller 20-inch wheels. Usually, fitting smaller wheels to an EV increases range because the rotation of each wheel causes a lot of drag that saps range, and smaller, narrower wheels disturb less air. But in this case, the 20-inch wheels drop the EPA range estimate down to 314 miles (505 km), thanks to the knobby all-terrain tires. Read full article Comments
OPEC’s crude oil production plunged by the most in at least four decades in March as conflict in the Middle East throttled exports from key members, according to a Bloomberg survey. Output from the Organization of the Petroleum Exporting Countries collapsed by 7.56 million barrels a day — or about 25% — to 22 million a day, the survey showed. The war between a US-Israeli alliance and OPEC member I...
OPEC’s crude oil production plunged by the most in at least four decades in March as conflict in the Middle East throttled exports from key members, according to a Bloomberg survey. Output from the Organization of the Petroleum Exporting Countries collapsed by 7.56 million barrels a day — or about 25% — to 22 million a day, the survey showed. The war between a US-Israeli alliance and OPEC member Iran has shuttered the Strait of Hormuz, forcing Saudi Arabia, the United Arab Emirates and Iraq to slash production. The March slump is the largest for a single month in data compiled by Bloomberg extending back to 1989, though the organization did cut more supply over a two-month span in 2020 when global fuel demand collapsed during the Covid-19 pandemic. Such a drop would, at least in barrel terms, also surpass that of the 1973 Arab oil embargo. Markets experienced a “gross loss” of 5 million barrels a day between October and December of that year, according to Daniel Yergin’s history “The Prize: The Epic Quest for Oil, Money & Power,” though this earlier shock took place in a much smaller global market. The supply losses have roiled crude prices , which hit a multi-year high of almost $120 a barrel in London last month, while soaring costs for products like jet fuel, diesel and gasoline threaten pain for consumers. Brent futures traded near $110 on Tuesday as the US attacked military targets across Iran’s Kharg Island and President Donald Trump threatened massive new bombardment unless Tehran accepts US terms. Iraq — the OPEC member most reliant on the Strait of Hormuz — suffered the biggest decline, with production declining by 2.76 million barrels a day to 1.63 million a day, according to the survey. Iran’s military said over the weekend that “Brotherly Iraq is exempt from any restrictions” on transit via the vital sea corridor. Nonetheless, tanker-tracking shows there’s no indication yet of a rush to test that dispensation. Ship traffic through Hormuz is slowly recove...
A railway planned to connect Zambia’s copper mines to global markets via the Lobito port in neighboring Angola will cost as much as $5 billion, with construction set to start his year, according to an environmental study for the project. The 830-kilometer (516-mile) line will be complete in 2030, said the report that the Zambia Environmental Management Agency published on its website on April 3. A...
A railway planned to connect Zambia’s copper mines to global markets via the Lobito port in neighboring Angola will cost as much as $5 billion, with construction set to start his year, according to an environmental study for the project. The 830-kilometer (516-mile) line will be complete in 2030, said the report that the Zambia Environmental Management Agency published on its website on April 3. Africa Finance Corp. is lead developer and sponsor of the project. The railroad will be the biggest new build Zambia has seen since the 1970s, when China helped finance and construct a line running eastward from the copper-mining region to a Tanzanian port. That operation, known as Tazara, has fallen into disrepair and a group of Chinese companies is revitalizing it at a cost of about $1.2 billion. The US is providing $553 million in funding to a group including commodities trader Trafigura and Portuguese construction company Mota-Engil to upgrade the existing line in Angola that runs from the Lobito port to the border with Democratic Republic of Congo. Chinese Copper Miners Join $1.2 Billion African Rail Revamp Zambia Expects Work on Lobito Rail Link to Start This Year AFC to Invite Bids to Build Key Zambian Copper Railway Link It’s unclear if the Trump administration will offer additional funding for the link into Zambia, or focus rather on backing the refurbishment of the continuation of the existing line that runs into Congo from Angola. The report says that the European Union has expressed strategic interest in providing funding for the project. The African Development Bank has committed to financing it too. The report doesn’t mention involvement from the US. The capital cost is estimated at $3 billion to $5 billion, including rolling stock. The portions of new track in Zambia and Angola will fall under special-purpose vehicles in each country, which will count their respective governments among shareholders that will also include the AFC. Other partners will include mi...
Shares of Broadcom (NASDAQ: AVGO) , a semiconductor designer, were rising today after the company said late yesterday that it will continue designing new artificial intelligence processors for Alphabet' s Google over the next five years. Broadcom added to the good news by announcing an expanded collaboration with the AI company Anthropic, in which Broadcom will provide more AI compute capacity. Bo...
Shares of Broadcom (NASDAQ: AVGO) , a semiconductor designer, were rising today after the company said late yesterday that it will continue designing new artificial intelligence processors for Alphabet' s Google over the next five years. Broadcom added to the good news by announcing an expanded collaboration with the AI company Anthropic, in which Broadcom will provide more AI compute capacity. Both pieces of news helped Broadcom's stock jump by as much as 5% this morning, and had gained 2.8% as of 10:48 a.m. ET. Continue reading
There’s more to Elon Musk than just Tesla (NASDAQ:TSLA) stock. And soon, retail investors will be able to get a piece of a company that may very well outshine the electric vehicle (EV) and robotics powerhouse. With EV sales and shares of Tesla under considerable pressure in April, perhaps there’s no better time for another ... Here Comes SpaceX’s IPO. Should You Board on Day One?
There’s more to Elon Musk than just Tesla (NASDAQ:TSLA) stock. And soon, retail investors will be able to get a piece of a company that may very well outshine the electric vehicle (EV) and robotics powerhouse. With EV sales and shares of Tesla under considerable pressure in April, perhaps there’s no better time for another ... Here Comes SpaceX’s IPO. Should You Board on Day One?