SlavkoSereda/iStock via Getty Images Crude oil prices turned higher Thursday after President Trump threatened to strike Iran "VERY HARD" and take "total control" of the country's oil and gas markets, including a U.S. takeover of Iran’s Kharg Island oil export hub. "At some point in the not too distant future, we will be taking Kharg Island, and other oil infrastructure points, and assume total con...
SlavkoSereda/iStock via Getty Images Crude oil prices turned higher Thursday after President Trump threatened to strike Iran "VERY HARD" and take "total control" of the country's oil and gas markets, including a U.S. takeover of Iran’s Kharg Island oil export hub. "At some point in the not too distant future, we will be taking Kharg Island, and other oil infrastructure points, and assume total control of their Oil and Gas Markets, much like we have with Venezuela," Trump posted. Kharg Island is Iran's most important export terminal, handling ~90% of the country’s outgoing oil shipments, and a U.S. takeover likely would require ground troops. Front-month Nymex crude ( CL1:COM ) for July delivery up 0.8% to $90.73/bbl, and front-month Brent crude ( CO1:COM ) for August delivery up 0.5% to $93.58/bbl. Oil prices had slipped lower after initially rising following fresh U.S. military strikes on multiple targets in Iran near the Strait of Hormuz after Trump said earlier in the day that Iran had taken too long to negotiate a deal and would "have to pay the price." Iran then claimed to have closed the strait with immediate effect. ETFs: ( USO ), ( BNO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( XLE ) More on crude oil Commodities: Oil Moves Higher On Latest U.S.-Iran Escalation UCO vs. USO And BNO: Tactical Leveraged Hedge For Oil Inventory Cliff It's Time To Sell The Energy Sector
Williams-Sonoma ( WSM ) declares $0.76/share quarterly dividend , in line with previous. Forward yield 1.47% Payable Aug. 21; for shareholders of record July 17; ex-div July 17. The company has now announced a dividend of $0.76 for two consecutive quarters. See WSM Dividend Scorecard, Yield Chart, & Dividend Growth. More on Williams-Sonoma Williams-Sonoma, Inc. (WSM) Q1 2026 Earnings Call Transcri...
Williams-Sonoma ( WSM ) declares $0.76/share quarterly dividend , in line with previous. Forward yield 1.47% Payable Aug. 21; for shareholders of record July 17; ex-div July 17. The company has now announced a dividend of $0.76 for two consecutive quarters. See WSM Dividend Scorecard, Yield Chart, & Dividend Growth. More on Williams-Sonoma Williams-Sonoma, Inc. (WSM) Q1 2026 Earnings Call Transcript Williams-Sonoma: Upgrading To Hold Due To Strong Sales Growth Williams-Sonoma: Current Valuation Supports A 'Hold' Williams-Sonoma reiterates FY2026 comp guidance of 2%-6% amid tariff and fuel uncertainty Williams-Sonoma beats top- and bottom-line but warns of fuel prices, tariffs
The note accompanying the defence secretary’s sudden departure was full of unspoken meanings UK politics live – latest updates John Healey’s sudden resignation as defence secretary was set out in a letter to Keir Starmer . Here is what it said – but also, the unspoken meanings within the text. Continue reading...
The note accompanying the defence secretary’s sudden departure was full of unspoken meanings UK politics live – latest updates John Healey’s sudden resignation as defence secretary was set out in a letter to Keir Starmer . Here is what it said – but also, the unspoken meanings within the text. Continue reading...
Profit from the Green Wave: Top Cannabis Stocks to WatchAurora Cannabis (NASDAQ:ACB) reported a stronger fiscal 2026 performance than it had forecast, driven by growth in global medical cannabis, while warning that fiscal 2027 will be a “reset year” as Canadian medical reimbursem
Profit from the Green Wave: Top Cannabis Stocks to WatchAurora Cannabis (NASDAQ:ACB) reported a stronger fiscal 2026 performance than it had forecast, driven by growth in global medical cannabis, while warning that fiscal 2027 will be a “reset year” as Canadian medical reimbursem
Major Drilling Group International (TSE:MDI) reported record annual revenue for fiscal 2026, as higher drilling activity across all regions helped lift fourth-quarter sales and profitability, executives said on the company’s earnings call. President and CEO Denis Larocque said t
Major Drilling Group International (TSE:MDI) reported record annual revenue for fiscal 2026, as higher drilling activity across all regions helped lift fourth-quarter sales and profitability, executives said on the company’s earnings call. President and CEO Denis Larocque said t
Stock index futures were higher before the bell as Washington said it has "completed" strikes against Iran. Here are the four stocks to watch on the day: Alibaba ( BABA ) fell 3.7% in premarket trading as regulatory pressure weighed on Chinese e-commerce giants. Beijing's market watchdog called out top players for deceptive marketing practices, sending Alibaba shares down as much as 5.9% in Hong K...
Stock index futures were higher before the bell as Washington said it has "completed" strikes against Iran. Here are the four stocks to watch on the day: Alibaba ( BABA ) fell 3.7% in premarket trading as regulatory pressure weighed on Chinese e-commerce giants. Beijing's market watchdog called out top players for deceptive marketing practices, sending Alibaba shares down as much as 5.9% in Hong Kong trading Thursday morning—the biggest intraday decline in nearly three months. JD.com also dropped sharply, recording its steepest fall since November. Intel ( INTC ) surged about 6% in premarket trading after Bank of America double upgraded the chipmaker to Buy from Underperform. The firm also raised its price target to $135 from $96. Analysts led by Vivek Arya cited higher confidence in Intel's opportunity to address industry constraints in leading-edge wafers and packaging, as well as supply into a larger agentic CPU total addressable market. ASML ( ASML ) rose more than 3% in premarket trading ahead of the company's internal technology conference. The annual event is drawing increased attention this year, as Tesla and SpaceX CEO Elon Musk is set to speak to employees via video link. The invitation was extended in relation to the ongoing Terafab project, which will see Tesla and SpaceX collaborate on building a semiconductor plant in Texas. Super Micro ( SMCI ) edged up 0.14% in premarket trading after pricing offerings of common stock and depositary shares to raise about $4.9 billion. The AI infrastructure solutions provider is offering approximately 45.45 million common shares at $27.50 each, with underwriters holding an option to purchase up to an additional 6.82 million shares. The company is also offering 75 million depositary shares representing interests in a new 7.0% series A mandatory convertible preferred stock at $50 per depositary share. More related stories Super Micro Computer's $7B Plan Is A Red Flag Super Micro: Reputational Risks And Share Dilution Fo...
PM Images/DigitalVision via Getty Images Clearly, my bullish thesis on Figure Technology Solutions, Inc. ( FIGR ) hasn't played out as I expected so far. But I am not throwing in the towel just yet. The stock had a massive rally in January, reaching a $78 price tag . But it couldn't maintain its bullish momentum and declined since then. It's now down 30% since my previous coverage . And while I am...
PM Images/DigitalVision via Getty Images Clearly, my bullish thesis on Figure Technology Solutions, Inc. ( FIGR ) hasn't played out as I expected so far. But I am not throwing in the towel just yet. The stock had a massive rally in January, reaching a $78 price tag . But it couldn't maintain its bullish momentum and declined since then. It's now down 30% since my previous coverage . And while I am not happy with the results, I don't think this was FIGR's problem. If anything, I don't see significant structural problems with FIGR. But it's more that the whole fintech industry remains clouded due to macro concerns and AI-related threats. Quite frankly, I also find that risk overblown here. FIGR: Stock Declined 30% Since My Last Article (Seeking Alpha) Now, while anything can happen and the stock could decline further, I am in the camp it could be bottoming here. Yesterday FIGR announced it was acquiring a real estate lending platform called Kiavi. So, could this be a good time for the stock to turn around? While it's of course not guaranteed, it's possible. So, I maintained my rating here as a Buy. Solid Performance with Improving Fundamentals That's right. While it hasn't been listed for a long time, it's been a solid performer so far. FIGR: Earnings History (Seeking Alpha) Now, roughly a month ago Figure delivered its earnings report . And I'd love to have a deeper look here. Now, for those who may not be that familiar with this fintech disruptor. I'd love you to kindly look at my previous coverage . Quite frankly, I think it's a good way to familiarize yourself with its business. To be fair, I will say right away that I liked this quarterly report a lot. But based on the recent stock's price action it makes me think that Wall Street partially doesn't get the stock. Now, why? Well, the company announced report mid-May. But the stock is down 24% over the past month. Of course, there were other factors too such as uncertainty tied to oil markets and the Middle East co...
Analog Devices' communications business is riding on AI and data center demand, with strong growth and record bookings supporting momentum into coming quarters.
Analog Devices' communications business is riding on AI and data center demand, with strong growth and record bookings supporting momentum into coming quarters.
The reboot highlights a dire problem for the country's nuclear program. Japan is running out of space to store spent nuclear fuel and lacks plans for radioactive waste disposal. (Image credit: Toru Hanai)
The reboot highlights a dire problem for the country's nuclear program. Japan is running out of space to store spent nuclear fuel and lacks plans for radioactive waste disposal. (Image credit: Toru Hanai)
Prairie Operating ( PROP ) announced on Thursday that its lending group, led by Citibank, reaffirmed the company’s $475M borrowing base. The company signed a new agreement with Hudson Bay PH XIX and affiliates to address the remaining Series F Preferred Stock and simplify its capital structure. Prairie Operating extended the warrant issuance deadline to Aug. 7, 2026, from July 8, 2026, giving it m...
Prairie Operating ( PROP ) announced on Thursday that its lending group, led by Citibank, reaffirmed the company’s $475M borrowing base. The company signed a new agreement with Hudson Bay PH XIX and affiliates to address the remaining Series F Preferred Stock and simplify its capital structure. Prairie Operating extended the warrant issuance deadline to Aug. 7, 2026, from July 8, 2026, giving it more time to deal with the remaining Series F balance. The deal reduced the potential shareholder dilution risk by lowering the warrant formula to 65% from 75%. For the remaining 78K Series F shares, conversions will be capped at 98M common shares, providing more certainty on future share issuance. Source: Press Release More on Prairie Operating Co. Prairie Operating Co. 2026 Q1 - Results - Earnings Call Presentation Prairie Operating Co. (PROP) Q1 2026 Earnings Call Transcript Prairie Operating: Reported A Loss For The Fiscal Year, Avoid Seeking Alpha’s Quant Rating on Prairie Operating Co. Historical earnings data for Prairie Operating Co.
RWE and Meta today announced a new long-term corporate power purchase agreement (PPA) for the electricity generated by the 298-megawatt (MWac) Rabbit's Foot Solar project in northeast Texas.
RWE and Meta today announced a new long-term corporate power purchase agreement (PPA) for the electricity generated by the 298-megawatt (MWac) Rabbit's Foot Solar project in northeast Texas.
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at how sentiment toward South Africa has changed on the continent. And: Dangote seeks to boost funding for refinery expansion Abiy’s party extends its lead in Ethiopia’s election A zombie stock is among Nigeria’s best per...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at how sentiment toward South Africa has changed on the continent. And: Dangote seeks to boost funding for refinery expansion Abiy’s party extends its lead in Ethiopia’s election A zombie stock is among Nigeria’s best performers Fleeing Support The opening match of the 2026 FIFA World Cup in Mexico City offers many parallels to a momentous night exactly 16 years ago. When the football extravaganza kicked off in 2010, South Africa was celebrated as the first nation on the continent to host the sport’s showpiece event. The roar following Siphiwe Tshabalala’s left-footed rocket — the first goal of the tournament — reverberated far beyond the cacophony of the vuvuzela trumpets in the Johannesburg arena to rooms and bars from Lilongwe to Libreville and Lagos. Judging by the tone on social media, that sentiment ahead of Thursday’s spectacle against the very same opponents is long gone. Many fans across the continent — outside of South Africa, of course — are throwing their support behind Mexico, angered by anti-migrant demonstrations in the region’s biggest economy. While some of that may be the usual competitive banter that animates national football rivalries, the public spurning of Bafana Bafana — as the South African team is known — underscores the deep resentment about the treatment of migrants. There’s a sense that a country that once welcomed other African nations to share in its relative wealth following the end of apartheid three decades ago has become increasingly hostile to those seeking legitimate work opportunities. The 2010 World Cup unfolded at a moment when the mood in South Africa was buoyed by sporting fervor and its economy by the construction of new stadiums and upgrades to public infrastructure. Today’s South Africa is weighed down by high unemployment, failing logistics and ...
Welcome to the Brussels Edition. I’m Oliver Crook , chief Europe correspondent for Bloomberg Television, bringing you the latest from the EU. Make sure you’re signed up . A special Brussels Edition today from Frankfurt, where the European Central Bank just raised interest rates for the first time since September 2023. With fear of stagflation coursing through Europe, the ECB sent a clear message: ...
Welcome to the Brussels Edition. I’m Oliver Crook , chief Europe correspondent for Bloomberg Television, bringing you the latest from the EU. Make sure you’re signed up . A special Brussels Edition today from Frankfurt, where the European Central Bank just raised interest rates for the first time since September 2023. With fear of stagflation coursing through Europe, the ECB sent a clear message: they’re more worried about price stability than economic momentum right now. After prices in the euro zone rose by 3.2% in May, fears that inflation is broadening are reflected in fresh quarterly projections showing consumer prices advancing more quickly this year than previously envisaged, before easing back to the 2% target in 2028. While the focus in Brussels tends to be on fiscal rather than monetary policy, the move will have a more immediate impact across the euro zone than many of the slow-burning actions from the Commission. The 25-basis-point “Hormuz hike” was well telegraphed by policymakers and widely anticipated by the market, but there is less consensus among observers on whether this was actually a good idea , with prices driven by supply shocks rather than runaway demand. While growth stayed relatively resilient in the first quarter (after you strip out an Irish anomaly ), the outlook looks less robust and the ECB today trimmed its 2026 growth forecast to 0.8% (from previously 0.9%). Under any circumstances, tightening financial conditions invariably slows economic activity. But in Europe, much of the thesis for growth is dependent on big government fiscal outlays. Now that spending, much of it financed by debt, just got more expensive. Already, Italy has called for the EU to ease fiscal rules to dampen the blow of the energy price shock. And as borrowing costs rise, the conversation about European debt levels will become more and more prevalent. That brings us back to a familiar question: how can Europe afford its ample welfare spending and the ever-increasi...
Ashi Sae Yang/iStock via Getty Images Inst: BLDIX A: BLADX C: BMICX K: BLDRX Commentary as of 03/31/26 The fund posted returns of -0.47% (Institutional shares)( BLDIX ) and -0.53% (Investor A shares, without sales charge)( BLADX ) for the first quarter of 2026. The fund's marginal underperformance of its benchmark was largely due to equity security selection and positioning. At quarter-end, the fu...
Ashi Sae Yang/iStock via Getty Images Inst: BLDIX A: BLADX C: BMICX K: BLDRX Commentary as of 03/31/26 The fund posted returns of -0.47% (Institutional shares)( BLDIX ) and -0.53% (Investor A shares, without sales charge)( BLADX ) for the first quarter of 2026. The fund's marginal underperformance of its benchmark was largely due to equity security selection and positioning. At quarter-end, the fund's 30-day SEC yield was 5.49% subsidized and 5.28% unsubsidized for institutional shares. The fund rotated out of loans into high yield and structured credit while it closed its short duration (low interest rate sensitivity) position and reallocated exposure from German bunds into U.S. Treasuries. Equities were actively repositioned, with international exposure initially increased before it was reduced in favor of U.S. dividend, defense, and infrastructure software positions. Emerging market positioning was also trimmed. Foreign exchange exposures were neutralized. Contributors Defensive fixed income selection, particularly high-quality collateralized loan obligations and non-agency mortgages, was the largest contributor to performance. Investment grade corporate bond selection was also additive. Detractors The main detractor was equity selection versus the fund's high dividend benchmark component. In particular, a growth tilt within U.S. dividend equities and covered calls was unhelpful as concerns about valuations and artificial intelligence (AI) disruption fueled an equity market rotation into more defensive high dividend sectors. Further insight Though the Iran conflict has added near-term uncertainty, we remain constructive on U.S. equities, where valuations are no longer at historical extremes, the labor market remains resilient, and earnings trends remain strong. International markets present a more mixed picture, with improving fiscal policy support but weaker fundamentals relative to the United States and potentially more hawkish monetary policy, given greater en...
(RTTNews) - Dentsply Sirona Inc. (XRAY), a manufacturer of dental products and technologies, Thursday announced that it has appointed John Fortson as its Chief Financial Officer and Executive Vice President, effective July 20.
(RTTNews) - Dentsply Sirona Inc. (XRAY), a manufacturer of dental products and technologies, Thursday announced that it has appointed John Fortson as its Chief Financial Officer and Executive Vice President, effective July 20.