From Bat for Lashes to Brakes and the Pipettes, misfits on the south coast made fearless music amid cheap rents and salty air. Could this ever happen again? It’s any given night in 2002. We’re at the Free Butt in Brighton, a small pub with a stage and an anything-goes spirit that serves as an extended living room and rite-of-passage workplace for aspiring musicians. Natasha Khan – not yet Bat for ...
From Bat for Lashes to Brakes and the Pipettes, misfits on the south coast made fearless music amid cheap rents and salty air. Could this ever happen again? It’s any given night in 2002. We’re at the Free Butt in Brighton, a small pub with a stage and an anything-goes spirit that serves as an extended living room and rite-of-passage workplace for aspiring musicians. Natasha Khan – not yet Bat for Lashes, still a Brighton University art student – is dancing on top of the bar while Yeah Yeah Yeahs are tearing through their first UK tour. Guy McKnight, the lead singer of the brutally underrated Eighties Matchbox B-Line Disaster, has just finished pulling pints, his day job when he’s not the city’s greatest frontman. Steve Ansell of Cat on Form, soon to form Blood Red Shoes, is the in-house sound engineer. Joe Mount from Metronomy is watching this week’s buzziest local support band. The atmosphere is charged with the feeling that anyone in the room might be about to become someone known beyond our city’s limits. Often, they did. In the early 2000s, music scenes tended to have stories that bands and media could rally around: a shared silhouette, a signature sound, a shaped mythology. New York City gave us the Strokes and Interpol with their tight black denim and wiry riffs; Libertines-era London had its own sticky churn of style, press and parties. Yet Brighton was rarely described as a scene, despite being home to Nick Cave and Paul McCartney and hothousing a surge of remarkable young talent that’s still thriving more than 20 years later. In this seaside enclave, rock bands sounded and looked so unlike each other, they never needed to jostle for a single narrow lane. Continue reading...
Finland is taking step toward potentially listing state-owned gambling company Veikkaus Oy with several milestones still to be met before it’s ready for public markets. The Nordic nation is opening up betting services to a licensing system on in July 2027. The changes mean Veikkaus will lose its monopoly in online sports betting and digital slot machines. Three things need to happen before the sta...
Finland is taking step toward potentially listing state-owned gambling company Veikkaus Oy with several milestones still to be met before it’s ready for public markets. The Nordic nation is opening up betting services to a licensing system on in July 2027. The changes mean Veikkaus will lose its monopoly in online sports betting and digital slot machines. Three things need to happen before the state will consider listing the company, Maija Strandberg , director general of the Ownership Steering Department at the Prime Minister’s Office, told reporters on Wednesday. Legislative changes must first take effect, market conditions must be favorable for a listing, and the company must also be able to demonstrate that it can compete in the market against other gambling providers. “Competitiveness cannot be demonstrated in just a few months, it requires a track record over time,” Strandberg said, citing market share as one of the metrics. That isn’t likely to happen until “very close to the 2030s,” she said. Under the new framework, Veikkaus will retain a monopoly on lottery-type games, scratch cards, physical slot machines and casino games. The Finnish state’s corporate holdings were valued at €38 billion ($44 billion) at the end of last year, up from €30 billion in 2024, mainly driven by gains in shares of oil refiner Neste Oyj . Dividends and proceeds from share sales brought €1.94 billion into the state’s coffers, including the initial public offering of the postal service Posti Oyj. Read More: Finnish Courier Posti’s Shares Rise 11% in Trading Debut The Finnish government has planned to use €3 billion in revenue from corporate holdings to fund an investment program by the next general election in April 2027. It’s seeking to buoy an economy that struggles with weak economic growth and the highest unemployment rate in the European Union. According to Strandberg, €1.2 billion has already been secured and the state can get to about €2 billion through measures including bal...
A report in The New York Times claims to have identified the person who goes by the pseudonym Satoshi Nakamato, the inventor of bitcoin and one of the richest people on Earth.
A report in The New York Times claims to have identified the person who goes by the pseudonym Satoshi Nakamato, the inventor of bitcoin and one of the richest people on Earth.
Dividend investors aren't necessarily seeking the highest total returns. A combination of growth and income, often used to pay living expenses in retirement, is generally the desired outcome. If that sounds like what you are looking for, then you'll want to get to know Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) . Take a look at the chart below before diving into the details of how Schwab U.S....
Dividend investors aren't necessarily seeking the highest total returns. A combination of growth and income, often used to pay living expenses in retirement, is generally the desired outcome. If that sounds like what you are looking for, then you'll want to get to know Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) . Take a look at the chart below before diving into the details of how Schwab U.S. Dividend Equity ETF achieves its results. Although the price line and the dividend line are jagged, they have both headed generally higher over time. That basically means that dividend investors have been rewarded with increases in both their capital and the income stream they collect. Continue reading
Amundi SA has been buying into the selloff in equity markets just as most investors were slashing their stock exposure on fears of an escalation in the Iran war. It paid off. Global markets are rallying Wednesday in relief over the last-ditch deal for a two-week ceasefire that saw President Donald Trump back off on his threat to unleash massive devastation on Iran. Europe’s main stock index surged...
Amundi SA has been buying into the selloff in equity markets just as most investors were slashing their stock exposure on fears of an escalation in the Iran war. It paid off. Global markets are rallying Wednesday in relief over the last-ditch deal for a two-week ceasefire that saw President Donald Trump back off on his threat to unleash massive devastation on Iran. Europe’s main stock index surged the most in a year, while US futures signal strong gains on Wall Street later. “We were already positioned for a TACO,” said Amelie Derambure , a senior multi-asset portfolio manager at Amundi, using a widely adopted term for moments when Trump opts against following through with maximalist negotiating stances. The Paris-based firm is Europe’s largest asset manager, overseeing about €2.38 trillion ($2.78 trillion). The US-Israel war on Iran has upended markets as it drove up oil prices and triggered fears over economic growth. Europe’s benchmark Stoxx 600 Index slumped 8% in March, its worst month since 2022, while the S&P 500 Index lost more than 5%. “We had gradually increased our equity holdings during the selloff, particularly last week, as the positioning seemed cleaner to us,” Derambure said in e-mailed comments Wednesday. This included making some purchases of US stocks, she said. In its response to the ceasefire, JPMorgan Chase & Co.’s equity sales desk said stock markets likely have found a floor as the accord suggests uncertainties over the war have peaked. Barclays Plc equity strategists said they expected stocks to experience a “powerful short squeeze,” as hedge funds remove protections that were put in place to hedge the risk of further escalation. Meanwhile, some of the world’s largest investment firms reported buying bonds and artificial-intelligence stocks on news of the ceasefire, while selling the dollar, betting that war-driven uncertainty has passed its peak. Read more: Big Funds Pile Into Treasuries, AI Stocks as Iran War Risks Fade
This week’s Amazon/USPS deal is one of the more interesting signals I’ve seen about where the company’s delivery strategy is actually headed. Amazon (NASDAQ:AMZN) has struck a new agreement with the US Postal Service that keeps the relationship largely intact. As CNBC’s Morgan Brennan put it on Tuesday’s Morning Business Report: Amazon, which is the ... Amazon keeps 80% of USPS deliveries in new d...
This week’s Amazon/USPS deal is one of the more interesting signals I’ve seen about where the company’s delivery strategy is actually headed. Amazon (NASDAQ:AMZN) has struck a new agreement with the US Postal Service that keeps the relationship largely intact. As CNBC’s Morgan Brennan put it on Tuesday’s Morning Business Report: Amazon, which is the ... Amazon keeps 80% of USPS deliveries in new deal, over 1B packages yearly
DKosig Stock index futures rose on Tuesday as oil prices plunged following a U.S.-Iran ceasefire agreement that could reopen the Strait of Hormuz. Now, here are five news stories that broke overnight to watch out for: Oil prices tumble on ceasefire deal: Oil prices fell sharply to below $100 a barrel after the U.S. and Iran agreed to a conditional two-week ceasefire that hinges on reopening the st...
DKosig Stock index futures rose on Tuesday as oil prices plunged following a U.S.-Iran ceasefire agreement that could reopen the Strait of Hormuz. Now, here are five news stories that broke overnight to watch out for: Oil prices tumble on ceasefire deal: Oil prices fell sharply to below $100 a barrel after the U.S. and Iran agreed to a conditional two-week ceasefire that hinges on reopening the strategically vital Strait of Hormuz, easing supply fears that had driven prices higher during the conflict. Brent ( CO1:COM ) tumbled as much as 16% before trading at $93.56 a barrel at press time, while West Texas Intermediate ( CL1:COM ) fell the most in almost six years and was last near $94.98. Iran and Oman to charge strait transit fees: Iran and Oman plan to charge transit fees from ships passing through the Strait of Hormuz during the two-week ceasefire, Iran’s semi-official Tasnim News Agency reported, citing a regional official. Iran will use the fees it collects for reconstruction efforts, while Oman’s plans for the funds remain unclear. Oman has not commented on the report. Shipowners scramble over ceasefire terms: Shipowners are rushing to understand the fine print of the U.S.-Iran ceasefire that could temporarily unblock the Strait of Hormuz and open an exit for more than 800 vessels trapped in the Persian Gulf, Bloomberg News reported. The vital waterway has been virtually closed since U.S. and Israeli strikes at the end of February prompted Iran to tighten its control, triggering a global energy-supply crunch. Bain removes suspected chip smuggler from Malaysian hub: Bain Capital’s Bridge Data Centres has removed from its Malaysian computing hub a Southeast Asian company the U.S. suspects of smuggling Nvidia Corp. ( NVDA ) chips, Bloomberg News reported. The company replaced Megaspeed International Pte. With cloud provider Zenlayer Inc. at its Malaysian facility, people familiar with the matter said, citing a memo the Bain-owned firm sent to its lenders in Febr...
Nurix Therapeutics press release ( NRIX ): Q1 GAAP EPS of -$0.79 misses by $0.02 . Revenue of $6.25M (-66.1% Y/Y) misses by $7.99M . Cash, cash equivalents and marketable securities were $540.7 million as of February 28, 2026, compared to $592.9 million as of November 30, 2025. More on Nurix Therapeutics Nurix Therapeutics: Why This Company Could Double In Value? Nurix Therapeutics, Inc. (NRIX) Pr...
Nurix Therapeutics press release ( NRIX ): Q1 GAAP EPS of -$0.79 misses by $0.02 . Revenue of $6.25M (-66.1% Y/Y) misses by $7.99M . Cash, cash equivalents and marketable securities were $540.7 million as of February 28, 2026, compared to $592.9 million as of November 30, 2025. More on Nurix Therapeutics Nurix Therapeutics: Why This Company Could Double In Value? Nurix Therapeutics, Inc. (NRIX) Presents at 44th Annual J.P. Morgan Healthcare Conference - Slideshow Nurix Therapeutics, Inc. (NRIX) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Seeking Alpha’s Quant Rating on Nurix Therapeutics Historical earnings data for Nurix Therapeutics
Doug Clinton, CEO of Intelligent Alpha, was asked a simple question in a recent interview: which AI companies are the safest bets for investors in public markets right now? His answer: I think in the public markets it’s probably Nvidia and Google. Nvidia is still the king. They power all of the inference essentially of ... Nvidia and Google are safest AI bets in public markets: Intelligent Alpha C...
Doug Clinton, CEO of Intelligent Alpha, was asked a simple question in a recent interview: which AI companies are the safest bets for investors in public markets right now? His answer: I think in the public markets it’s probably Nvidia and Google. Nvidia is still the king. They power all of the inference essentially of ... Nvidia and Google are safest AI bets in public markets: Intelligent Alpha CEO
South Africa’s rand soared, government bond yields tumbled and stocks jumped the most in six years as investors piled back into emerging-market assets that were worst-hit by the Middle East conflict. The rand had weakened most among emerging-market currencies since the start of the war through Tuesday, falling more than 5% against the dollar. On Wednesday, South Africa’s currency led gains as it s...
South Africa’s rand soared, government bond yields tumbled and stocks jumped the most in six years as investors piled back into emerging-market assets that were worst-hit by the Middle East conflict. The rand had weakened most among emerging-market currencies since the start of the war through Tuesday, falling more than 5% against the dollar. On Wednesday, South Africa’s currency led gains as it surged as much as 2.6%, the most on an intraday basis since November 2023. The benchmark government 10-year bond yield plunged 47 basis points, the most since March 2020, while the Johannesburg equity index climbed more than 5% as beaten-down mining stocks surged. The stronger demand for developing-nation assets is part of a global relief rally spurred by a two-week ceasefire agreement that’s expected to result in the reopening of the Strait of Hormuz. Investors who had sold off risky assets as the war dragged on are now looking for the best buying opportunities. The rand’s rally “depends on whether the US/Israel-Iran ceasefire is here to stay,” said Henrik Gullberg , a macro strategist at Coex Partners. “If it is, I think long-rand is the best de-escalation trade.” Meanwhile, traders slashed bets on rate increases by the South African Reserve Bank as lower oil prices ease concern about inflation pressures. Money markets are now pricing in 37 basis points of hikes by year-end, compared with 83 basis points on Tuesday. That helped fuel a rally in so-called South Africa Inc. stocks including retailers, banks, construction and telecommunications. The FTSE/JSE All Share Index’s 5.7% gain placed it among the top 10 stock markets around the globe on Wednesday. Foreign investors sold a net 56 billion rand ($3.4 billion) of South African government bonds in March, driving the 10-year yield more than 100 basis points higher. On Wednesday, they were the best performers after Lebanon and Turkey among local-currency bond markets tracked by Bloomberg. “The risk-off sentiment impacted eme...