(RTTNews) - After staying fairly well above the flat line till about an hour past noon, the Switzerland market briefly fell into negative territory on Wednesday but recovered swiftly and held firm to eventually end the day's session on a strong note.
(RTTNews) - After staying fairly well above the flat line till about an hour past noon, the Switzerland market briefly fell into negative territory on Wednesday but recovered swiftly and held firm to eventually end the day's session on a strong note.
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg: Open Interest." A relatively tame inflation report brings some relief to Wall Street, even as tensions in the Middle East continue to weigh on sentiment. President Trump warns Iran will pay a price for taking too long to negotiate a peace deal. SpaceX fever is going global with institutional investors and sovere...
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg: Open Interest." A relatively tame inflation report brings some relief to Wall Street, even as tensions in the Middle East continue to weigh on sentiment. President Trump warns Iran will pay a price for taking too long to negotiate a peace deal. SpaceX fever is going global with institutional investors and sovereign wealth funds piling into the record-breaking IPO. On the markets, Morgan Stanley's Mike Wilson and RBC's Lori Calvasina reinforce the bullish case for equities. Stamatis Tsantanis, the CEO of Seanergy Maritime and United Maritime, talks global shipping demand. Plus, Scott Painter of TrueCar, a longtime Elon Musk friend and adviser, shares insight into Musk's entrepreneurial journey and SpaceX's early days. (Source: Bloomberg)
(L-R) Sen. Mike Rounds, Pamela Brown, Chris Malachowsky, Kevin O'Leary, Gabriele Caccia, Tammy Haddad, Michele L. Jawando, Sen. Mark Warner, Michael Kelly and Major General Patrick Ellis attend the Second Annual AI Honors. | Getty Images for Washington AI N Hello and welcome to Regulator , a newsletter for Verge subscribers about tech politics, tech influence, and tech shenanigans in Washington, D...
(L-R) Sen. Mike Rounds, Pamela Brown, Chris Malachowsky, Kevin O'Leary, Gabriele Caccia, Tammy Haddad, Michele L. Jawando, Sen. Mark Warner, Michael Kelly and Major General Patrick Ellis attend the Second Annual AI Honors. | Getty Images for Washington AI N Hello and welcome to Regulator , a newsletter for Verge subscribers about tech politics, tech influence, and tech shenanigans in Washington, DC. (If you're not a subscriber, you can get on board here .) We're back after a two-week hiatus, during most of which I was gallivanting in the Netherlands for a family wedding, and a trip to the Heineken Experience, which is, truly, an ~experience~ . Before I left, I asked everyone in Washington to please chill out while I was gone. This clearly did not happen, and I have returned to a political landscape that can be best described as that meme from Community where the room is on fire . Let's get into th … Read the full story at The Verge.
Guido Mieth/DigitalVision via Getty Images Market Review U.S. equities delivered mixed results for the quarter as investors grappled with geopolitical uncertainty and shifting monetary policy expectations. Despite a softening labor market, the Federal Reserve (“Fed”) remains in a wait-and-see mode as it weighs the impacts of the Middle East conflict on growth and inflation. Market leadership broad...
Guido Mieth/DigitalVision via Getty Images Market Review U.S. equities delivered mixed results for the quarter as investors grappled with geopolitical uncertainty and shifting monetary policy expectations. Despite a softening labor market, the Federal Reserve (“Fed”) remains in a wait-and-see mode as it weighs the impacts of the Middle East conflict on growth and inflation. Market leadership broadened, with a notable rotation out of mega-cap tech and into more attractively valued areas of the market. Mid-Cap stocks fared the best amidst heightened volatility, returning 2.50% for the quarter. The Russell 2000 and the S&P 500 indexes returned 0.89% and -4.33%, respectively. Value was the primary driver of relative outperformance in the large-cap space, while growth contributed positively in the mid- and small-cap spaces. Quality factor performance improved as the quarter progressed. Quarter Equities began the year with positive momentum, supported by the expectations of continued monetary easing and steady economic growth. Sentiment became more mixed as the quarter progressed, however, with intermittent bouts of weakness driven by shifting rate-cut expectations and rising geopolitical uncertainty in the Middle East. Geopolitical risk emerged as a central market driver during the month of March. In late February, the U.S. and Israel launched strikes on Iranian military and leadership targets, which quickly escalated into a broader regional conflict. Iran retaliated by targeting critical energy infrastructure and shipping routes, including the Strait of Hormuz—a key route for roughly 20% of global oil supply. The disruption triggered a sharp increase in oil prices and a temporary risk-off tone across global equities. Despite the severity of the initial shock, markets began to stabilize toward quarter-end as investors anticipated a potential de-escalation. Monetary policy remained a key influence on market dynamics. Following three consecutive rate cuts in late 2025, the...
M. Suhail/iStock Editorial via Getty Images Introduction Chipotle ( CMG ), and really the whole industry at that, has had a tough couple of years. After falling over 50% from its 2024 highs of $68 per share, I think it raises a couple of questions. First is the question of why same-store sales [SSS] growth has been so weak. Second, where does Chipotle sit in the highly competitive landscape? And l...
M. Suhail/iStock Editorial via Getty Images Introduction Chipotle ( CMG ), and really the whole industry at that, has had a tough couple of years. After falling over 50% from its 2024 highs of $68 per share, I think it raises a couple of questions. First is the question of why same-store sales [SSS] growth has been so weak. Second, where does Chipotle sit in the highly competitive landscape? And lastly, how attributable is their growth weakness to the volatile macroeconomic environment consumers are currently facing? In this article, I plan to answer these questions by discussing why I think Chipotle offers a better slop bowl and how investors have falsely attributed lower consumer sentiment to the company rather than to something transitory. Better Product Bigger Portions In recent years, Chipotle has been criticized for reducing portion sizes. In fact, according to Fox Business in 2024 , the phrase ‘Chipotle small portion size’ has at least 58 million videos on TikTok centered on the restaurant's burrito bowl sizes. A study by Wells Fargo analysts that weighed 75 Chipotle bowls across 8 locations in New York City, each with white rice, black beans, chicken, pico de gallo, cheese, and lettuce, shows a different story. That Chipotle actually gives more than they advertise. Wells Fargo I also decided to do my own experiment in my hometown of Arizona, where I tried 20 Chipotle bowls over 5 locations with the same order as the Wells Fargo analysts: Author's Compilation As you can see, my findings were similar to the analysts. On Chipotle’s website , if you add up all the ingredients of the bowls in both experiments, each bowl should have a weight of 18 ounces. However, from both of our findings, Chipotle gives significantly more than that, where 18 ounces was actually the floor. Higher Value for Money To add to more than advertised portion sizes, Chipotle is also giving you more food per dollar compared to competitors. I analyzed the amount of calories and protein Chip...
Newly-listed power company ERock could appeal to investors looking for another way to play the AI boom. Erock started trading on the New York Stock Exchange around midday on Wednesday, slipping 5% in early action. ERock makes natural gas-powered engines and generators that can be placed on-site at data centers or other large businesses to provide electricity.
Newly-listed power company ERock could appeal to investors looking for another way to play the AI boom. Erock started trading on the New York Stock Exchange around midday on Wednesday, slipping 5% in early action. ERock makes natural gas-powered engines and generators that can be placed on-site at data centers or other large businesses to provide electricity.
Over the last 7 days, the United States market has experienced a 3.3% drop, yet it remains up by 22% over the past year with earnings expected to grow by 17% annually. In this context, identifying growth companies with high insider ownership can be particularly appealing as it often indicates strong confidence from those closest to the business in its future potential.
Over the last 7 days, the United States market has experienced a 3.3% drop, yet it remains up by 22% over the past year with earnings expected to grow by 17% annually. In this context, identifying growth companies with high insider ownership can be particularly appealing as it often indicates strong confidence from those closest to the business in its future potential.
With enthusiasm for SpaceX’s IPO building, attention has turned to its orbital data center plans. Peter Singlehurst, head of private companies at Baillie Gifford, says making outlandish ideas work is something the Musk-run company has done multiple times before. Singlehurst speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
With enthusiasm for SpaceX’s IPO building, attention has turned to its orbital data center plans. Peter Singlehurst, head of private companies at Baillie Gifford, says making outlandish ideas work is something the Musk-run company has done multiple times before. Singlehurst speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
(RTTNews) - Commerzbank AG (CBK.DE) on Wednesday raised concerns regarding UniCredit's (CRIN.DE) takeover offer, saying shareholder data continues to show no evidence of institutional investor support despite the offer's acceptance level reaching 10.95%.
(RTTNews) - Commerzbank AG (CBK.DE) on Wednesday raised concerns regarding UniCredit's (CRIN.DE) takeover offer, saying shareholder data continues to show no evidence of institutional investor support despite the offer's acceptance level reaching 10.95%.
nycshooter Uber Technologies ( UBER ) is pushing back on a recently enacted New York City law that it argues would weaken safeguards for rider safety, limit its ability to remove high-risk drivers, and restrict the company’s business judgment pertaining to qualified drivers. Enacted by the New York City Council, Local Law 52 aims to provide job security to gig workers by preventing employers from ...
nycshooter Uber Technologies ( UBER ) is pushing back on a recently enacted New York City law that it argues would weaken safeguards for rider safety, limit its ability to remove high-risk drivers, and restrict the company’s business judgment pertaining to qualified drivers. Enacted by the New York City Council, Local Law 52 aims to provide job security to gig workers by preventing employers from deactivating or dismissing drivers without “just cause” (fraud, egregious misconduct, harassment) or a “bona fide economic reason.” However, in its lawsuit, Uber ( UBER ) says each driver agrees to the Platform Access Agreement, which delineates either party’s rights to terminate the employment agreement. The PAA “explicitly” incorporates Uber’s standards and policies and states that a violation of the agreement can lead to deactivation. “The following provisions of [Local Law 52] would force Uber to keep drivers on its platform even if Uber has determined that they have violated its standards, agreements, and policies, and to provide them with specific information that Uber is not contractually required to provide.” Furthermore, Uber ( UBER ) argues that a consequence of [Local Law 52] “would require Uber to connect riders with drivers even if Uber believes in good faith that those drivers pose a risk to rider or public safety, or have engaged in fraudulent activity.” By impeding Uber’s ( UBER ) ability to exercise its business judgment, Local Law 52 “unconstitutionally interferes with Uber’s contractual agreements and violates Uber’s rights guaranteed by the United States Constitution.” Local Law 52 takes effect July 28. Uber ( UBER ) is seeking a permanent injunction plus costs. Related tickers: Lyft ( LYFT ), DoorDash ( DASH ) More on Uber Uber Technologies, Inc. (UBER) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript Uber: Scaling For Profitability And Consolidation In Deliveries Uber Technologies: The Orchestrator Of The Autonomous Revolutio...
RHJ/iStock via Getty Images Energy Fuels ( UUUU ) is somewhat outside of my coverage area, as I’ve focused much more on precious metals, oil and gas, and similar natural resources in my career. But I also like the upside in uranium, and in particular, the leverage you get with owning a uranium stock like Energy Fuels. Data by YCharts What’s more: A rare pullback has occurred, with the stock down a...
RHJ/iStock via Getty Images Energy Fuels ( UUUU ) is somewhat outside of my coverage area, as I’ve focused much more on precious metals, oil and gas, and similar natural resources in my career. But I also like the upside in uranium, and in particular, the leverage you get with owning a uranium stock like Energy Fuels. Data by YCharts What’s more: A rare pullback has occurred, with the stock down about 36% over the past month. At first glance, this looks like a super-expensive stock: 2027 earnings per share estimates are $.10, which gives it a forward P/E of 156. But I think you’d be wrong to judge the company by this year’s forward earnings estimates. The future beyond 2027 is very bright for Energy Fuels - for example, the two analysts who carry their models all the way to 2029 see average earnings closer to $0.90 per share, and at that level, the same stock changes hands for about 17 times earnings. Seeking Alpha Should investors be willing to pay up for this future growth that’s a few years away? First, consider that there are really two businesses within Energy Fuels. Uranium is the first and obvious one - it’s the largest domestic producer of yellowcake in the U.S., built on the high-grade Pinyon Plain mine in Arizona and the White Mesa Mill in Utah, the only operating conventional uranium mill left in the country. Then you have the second part of the equation: rare earths. That same mill is being rebuilt to separate the oxides neodymium, praseodymium, dysprosium and terbium, which today come almost entirely from China. That’s why I think shares are worth a speculative buy, as I argue below. The uranium business is finally working Trading Economics Pinyon Plain has production costs in the range of $23-30/lb of uranium, so when you have a spot uranium price of $85/lb, you’re doing pretty well, and you don’t need to produce a ton of uranium to make good profit. Management has guided for about 2 million pounds of production this year. The macro & geopolitical pict...