Tesla Stock: It's Cheap Again (Rating Upgrade) (NASDAQ:TSLA) Seeking Alpha

格隆汇4月8日｜美联储在固定利率逆回购操作中总计接纳了22个对手方的153.45亿美元。

Tom Werner/DigitalVision via Getty Images Investment Overview I wrote about Black Rock Coffee Bar, Inc. ( BRCB ) previously with a buy rating, as the business was printing really strong SSS growth, its new stores are also performing, and its valuation multiple screens cheap relatively. I reiterate my buy rating as demand is still strong, and the new-store growth story still looks intact. All Signs Point To BRCB's Ability To Continue Growing The anchor to my buy rating was that BRCB can continue to compound growth, with support from same-store sales (SSS) growth and new store growth. Both continue to be true, and they are visible in the latest numbers: SSS growth was still 9.3% in 4Q after 10.8% in Q3. While that is a 150 bps sequential slowdown, it shouldn’t be the focus because the bigger point is that demand stayed strong even as BRCB’s store base got larger. As in Q3, traffic remains the main contributor to SSS growth, and I don’t need to repeat why this matters (refer to my previous write-up for this). The general idea is that traffic usually tells us whether the brand is actually getting stronger, and I believe it is. The more important aspect is the loyalty side of things. Previously, I thought this was just playing a supporting role, but the data suggests otherwise. Loyalty now looks closer to a core growth driver. If you look at the recent earnings deck, BRCB noted there were ~1.9 million loyalty members, about 65% of transactions tied to loyalty, and 15% of 2025 revenue coming through digital. If I pair that with management’s earlier point that loyalty members spend ~$0.70 more per check than non-members, the implied contribution could be really meaningful. On a rough basis, if the average base check is around $4 to $6, that $0.70 uplift implies roughly 12% to 18% higher spend per loyalty transaction. Applied to 65% of transactions, that suggests loyalty mix alone could already be supporting something like 8% to 11% of blended ticket uplift at the system le...

The concerns building in the private-credit industry are starting to inflict pain in a rapidly growing segment of the US municipal debt market. The anxiety around private credit, where firms have faced high-profile blowups and redemption requests , has roiled select munis in a sector known as prepaid energy bonds. These securities allow municipal utilities to buy electricity or natural gas at a discount by locking in decades of supply upfront — savings they can pass on to customers. Investors point to deals involving insurer Athene Annuity and Life Co. , which is owned by Apollo Global Management Inc. , one of the big asset managers whose shares have slid amid private-credit jitters. Some of these prepaid energy bonds have weakened more than benchmark munis, which are slumping along with the rest of fixed income as soaring oil prices spark inflation concerns. As part of the deals’ complicated structures, a middleman — often banks or insurance companies — receives the proceeds from the bond issues, which they can invest. Those funding recipients — such as Athene — then make regular payments needed to procure the energy for the utility. That’s why Moody’s Ratings, which assesses many prepaid energy bonds, typically cites the credit quality of the provider of funding agreements when it rates deals. Investors have demanded extra yield on deals involving Athene, trading data over the past month shows, suggesting they’re worried the insurer won’t be able to keep up its end of the bargain if it starts to face losses on its private-credit investments. One example of an Athene-linked energy bond that’s been affected is a security sold in 2024 through a California agency. Investors have required almost two percentage points of extra yield above top-rated munis, on average, to buy the debt since the start of March, including at some of the widest spreads since it was issued. That’s up from an average of around 1.7 percentage points in February. Other bonds tied to Athene have ...

AlexSecret/iStock via Getty Images By Elior Manier Hoping for the best amid historically uncertain times is the best that one can do. It has worked in the past, but this doesn't come without cost. This ongoing conflict in Iran has been unpredictable to say the least, and this only reflects the current US administration's erratic stance. Both sides have reportedly sought a deal, but to what extent is the key question. A military buildup has once again amassed in the region in previous weeks to pressure the Islamic regime into a deal that would allow it to give up most of its leverage, leading to the President calling for a deadline to reach a truce by 8:00 P.M (ET). UPDATE: Trump is considering another extension of the deadline as talks are reportedly advancing – markets are rebounding on the news However, just yesterday, Iran rejected the initial plan as the IRGC pleaded for reparations for the damage and denied any idea that would compromise their ballistic missile capabilities. Two points that would be difficult to hear for the allies after the damage done across the Middle East, particularly to energy and civilian infrastructure. Oil and Dow Jones Inverted correlation. Source: TradingView – April 7, 2026 While the ease in tone from the past few weeks helped soothe stock markets from overly short positioning, WTI crude kept breaking new weekly highs, indicating how cloudy the situation truly remains: While the inverted correlation between the commodity and stock markets ceased last week, the daily rises in oil are hurting equities again. Overall, the free lunch is over for dip-buyers, with the bar consequently rising for further progress in the stock markets. Bulls will need to see a proper truce to hope for an actual rally – 47,000 in the Dow Jones is the level to watch for a positive outlook! To get ready for the coming deadline, let’s examine the intraday charts, scenarios, and trading levels for the major US indexes: the Dow Jones, Nasdaq, and S&P 500. Current...

Key PointsThe iShares Silver Trust has more than doubled in the past year due to the soaring price of silver.

Key PointsAMD has long lived in the shadow of Nvidia.

May WTI crude oil (CLK26 ) today is up +4.13 (+3.67%), and May RBOB gasoline (RBK26 ) is up +0.0210 (+0.63%). Crude oil and gasoline prices are sharply higher today, with crude posting a 4-week nearest-futures high. Crude prices are soaring on concerns that the war in Iran will escalate...

格隆汇4月8日｜美国代理司法部长就伊朗问题表示，司法部已向白宫提供法律意见。

zorazhuang/iStock via Getty Images Pembina Pipeline ( PBA ) up 1.1% in Tuesday's trading after setting its growth trajectory through the end of the decade, saying it expects to deliver 5%-7% compound annual fee-based adjusted EBITDA per share growth through 2030, supported by higher utilization of existing assets and ​contributions from sanctioned new projects. Pembina ( PBA ) said it plans to expand its pipelines and gas-processing facilities to handle more volumes in key producing regions, while improving routes that move oil and gas to higher-value markets. The company also said ~65% of ​its 2026 frac spread exposure is currently hedged, with ‌~⁠40% hedged in Q1 and Q4 and ~90% hedged in Q2 and Q3. Pembina's ( PBA ) guidance represents a ~100 basis point step-up from its prior 2024-26 growth target, "more in-line with its Canadian pipeline peers, which we view favorably," underpinned by improved returns on existing assets as utilization increases, and with the incremental contribution from projects under construction as well as a portfolio of opportunities designed to extend the franchise, Scotiabank's Robert Hope wrote. More on Pembina Pipeline Pembina Pipeline: Why High-Single-Digit Upside Still Works For Income Investors Pembina Pipeline - Downside In 2026 Pembina Pipeline: Buy On Improved Growth Visibility

jetcityimage/iStock Editorial via Getty Images Seaport Research Partners lowered its ratings on homebuilders over rising concern that housing activity is poised to slow further on a lower neutral job rate. The equities platform lists four reasons for the rating action: weak job growth undermines the prior assumption that demand was stabilizing, lower demand extends the prior margin stability outlook, an increase in the probability of single-family starts bottoming below past cycles' trough of 909K, and further multiple compression until starts approach trough levels. Seaport cut its recommendation on NVR ( NVR ) to Sell from Neutral; on PulteGroup ( PHM ), Lennar ( LEN ), Taylor Morrison Home ( TMHC ), and KB Home ( KBH ) to Sell from Buy; and on D.R. Horton ( DHI ), Toll Brothers ( TOL ), and M/I Homes ( MHO ) to Neutral from Buy. The firm expects a 15% downside for the Sell-rated names. The Neutral-rated names are modestly better positioned on geographic or product type mix, with implied book valuation below 2013+ levels, owing to ongoing demand pressure, and below past cycle ROE upside/recovery prospects. More on related tickers KB Home's Disappointing Q1 Report Ends The Seasonal Trade Lennar's Margin Pressures Persist KB Home (KBH) Q1 2026 Earnings Call Transcript Sysco and Boston Scientific is the most oversold U.S. large-cap stock Kb Home outlines shift to 70% built-to-order deliveries for stronger H2 2026 margins amid market uncertainty

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Amazon.com Inc (Symbol: AMZN), where a total volume of 232,047 contracts has been traded thus far today, a contract volume which is representative of approximatel

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Coinbase Global Inc (Symbol: COIN), where a total of 55,962 contracts have traded so far, representing approximately 5.6 million underlying shares. That amounts to about

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Delta Air Lines Inc (Symbol: DAL), where a total volume of 190,435 contracts has been traded thus far today, a contract volume which is representative of approxim

美联储隔夜逆回购协议（RRP）周二使用规模为153.45亿美元（交易对手22家），上个交易日报2.27亿美元。(财联社)

格隆汇4月8日｜当地时间7日，中国驻沙特使馆紧急提醒中国公民注意安全。当前，中东战事进一步扩大，包括沙特在内本地区多国石油、电力等基础设施遭袭。中国驻沙特大使馆再次提醒在沙中国公民切实加强安全防范，密切关注形势和沙特有关部门发布的相关公告和警报，遵守当地法律法规，非必要不外出，远离可能成为打击目标的敏感区域，不随意拍摄，不在社交媒体传播相关信息。如遇紧急情况，及时采取就地避难等措施，报警并联系中国驻沙特大使馆、驻吉达总领馆寻求协助。

格隆汇4月8日｜美联储古尔斯比：人们对通胀卷土重来感到担忧。

格隆汇4月8日｜美联储古尔斯比：希望石油带来的影响只是暂时的。

格隆汇4月8日｜美联储古尔斯比：每加仑5美元的油价将影响供应链。

周二（4月7日），美联储隔夜逆回购协议（RRP）使用规模为153.45亿美元（交易对手22家），上个交易日报2.27亿美元。

Attacks have targeted bridges, steel plants and pharmaceutical facilities, verified videos show.

Police investigating as former worker is suspected of having designed program to avoid security checks A former worker at Meta is under criminal investigation on suspicion of downloading about 30,000 private Facebook images. He was employed by the social media company when it is believed he designed a program to be able to access the pictures while avoiding internal security checks. Continue reading...

Is your career 'AI-proof' in the brave new world?

Donald Trump’s threat to target Iran’s bridges and power plants follows a similar playbook to recent conflicts During Israel’s 2006 war against Hezbollah in Lebanon, Israeli jets bombed the Jiyeh power station north of the coastal city of Sidon. The blaze could be seen for miles, a towering column of black smoke. Sand was turned to glass. The plant’s damaged storage tanks leaked an estimated 15,000 tonnes of oil into the eastern Mediterranean, the largest spill in that sea. Continue reading...

Source: Bloomberg, 4:43

For more than two decades, digital discovery has operated on a simple model: search, scan, click, decide. That worked when humans were the ones doing the web searching; but with the advent of AI agents, the primary consumer of information is no longer always human. This is giving rise to a new paradigm: Answer engine optimization (AEO), also referred to as generative engine optimization (GEO). Because agents look at data much differently than humans do, success is no longer defined by rankings and clicks, but whether content is understood, selected, and cited by AI systems. The SEO model that the web was built on simply isn’t going to cut it anymore, and enterprises need to prepare now. How LLMs interpret web content Traditional SEO is built around keywords, rankings, page-level optimization, and click-through rates. Users manually search across multiple sources and click around to get what they need. Simple, but sometimes frustrating and a definite time suck. But AEO operates on a whole different level. Agents are increasingly taking over users’ workflows: Claude Code, OpenClaw, CrewAI, Microsoft Copilot, AutoGen, LangChain, Agent Bricks, Agentforce, Google Vertex, Perplexity’s web interface, and whatever else comes along. These agents do not “browse” the web the way humans do. They analyze user intent based not just on phrasing, but persistent memory and context from past sessions (rather than simple autocomplete). They require materials that are concise, structured, and to the point. What’s more, agents are moving beyond browsing to delegation, handling more downstream work. What started as “search, read, decide,” evolves to “agent retrieves, agent summarizes, human decides” (and, beyond that, “agent acts → human validates”). “In practice, AEO begins where SEO stops,” said Dustin Engel, founder of consultancy company Elegant Disruption . “AEO is the next layer of discovery,” or “zero-click discovery.” In this new world where agents synthesize answers, users may n...