Dazman/E+ via Getty Images Iron ore prices tumbled in Asian trading Thursday following a sudden surge in exports from Guinea’s Simandou iron ore project, six months after the first shipment to China from the world's largest untapped, high-grade iron ore reserve. Shipments from Simandou's Morebaya port reached 2.2M tons in May, according to ship tracking data from Kpler, much higher than April's 1....
Dazman/E+ via Getty Images Iron ore prices tumbled in Asian trading Thursday following a sudden surge in exports from Guinea’s Simandou iron ore project, six months after the first shipment to China from the world's largest untapped, high-grade iron ore reserve. Shipments from Simandou's Morebaya port reached 2.2M tons in May, according to ship tracking data from Kpler, much higher than April's 1.3M tons and just 600K tons or less in each of the first three months of this year. The spike in shipments is coinciding with summer off-season steel demand, contributing to an increasingly oversupplied market in China , while a strong rally in coking coal has begun to squeeze steelmaking margins, reducing support for iron ore prices. The most-traded iron ore contract ( SCO:COM ) on China's Dalian Commodity Exchange closed daytime trade down 1.9% to 767.5 yuan/ton ($113.32), the weakest level since April 16, and the benchmark July contract on the Singapore Exchange recently traded down 1.8% at $101.75/ton, the lowest since March 9 and the largest daily loss since April 9. Simandou has been touted as a game-changer for the iron ore industry, with an annual 120M tons expected to be shipped once the project is at full capacity; the mine has four blocks, two owned by the China-Singapore-led Baowu Winning Consortium Simandou and two by Simfer, a joint venture of Rio Tinto ( RIO ) and Chinalco. Some of the recent increase in exports could be due to a government push for the two consortiums to work more efficiently together, dry bulk advisory Ifchor Galbraiths said in a note; "It's a way to optimize the royalty payment," according to head of research Vincent Lemaitre. Potentially relevant stocks include Rio Tinto ( RIO ), BHP ( BHP ), Vale ( VALE ), Fortescue ( FSUMF ). More on Rio Tinto Rio Tinto: Downgrading On Valuation, Not Fundamentals Rio Tinto: Strong Operations But Priced For Perfection Amid Rising Execution Risk Rio Tinto Presents at Bank of America Global Metals, Mining &...
The hosts of The AI Daily Brief dropped a line this week that should reframe how every investor thinks about the AI capex cycle. “Part of the reason that they were opposing Anthropic’s plan to expand access to Mythos was that they knew that there was a token shortage and they didn’t want other people ... The White House Is Now Hoarding AI Tokens: How Government Compute Competition Reshapes the AI ...
The hosts of The AI Daily Brief dropped a line this week that should reframe how every investor thinks about the AI capex cycle. “Part of the reason that they were opposing Anthropic’s plan to expand access to Mythos was that they knew that there was a token shortage and they didn’t want other people ... The White House Is Now Hoarding AI Tokens: How Government Compute Competition Reshapes the AI Trade
Gunter_Nezhoda A screen of U.S. stocks with market capitalizations above $2B shows elevated bearish positioning in several well-known names, led by Wolfspeed ( WOLF ), SoundHound AI ( SOUN ), and CleanSpark ( CLSK ). Short interest measures the percentage of a company's float that has been sold short and can serve as a gauge of investor sentiment, though heavily shorted stocks can also be vulnerab...
Gunter_Nezhoda A screen of U.S. stocks with market capitalizations above $2B shows elevated bearish positioning in several well-known names, led by Wolfspeed ( WOLF ), SoundHound AI ( SOUN ), and CleanSpark ( CLSK ). Short interest measures the percentage of a company's float that has been sold short and can serve as a gauge of investor sentiment, though heavily shorted stocks can also be vulnerable to short squeezes. Most shorted U.S. stocks (market cap above $2B): Wolfspeed ( WOLF ): 57.26% SoundHound AI ( SOUN ): 37.72% CleanSpark ( CLSK ): 32.76% Eos Energy Enterprises ( EOSE ): 30.99% Ondas Holdings ( ONDS ): 30.83% Hims & Hers Health ( HIMS ): 28.41% RH ( RH ): 28.31% CRISPR Therapeutics ( CRSP ): 28.30% UiPath ( PATH ): 28.18% Upstart Holdings ( UPST ): 27.87% Least shorted stocks (market cap above $2B): Mach Natural Resources ( MNR ): 0.52% Sociedad Química y Minera de Chile ( SQM ): 0.57% MINISO Group ( MNSO ): 0.63% MPLX ( MPLX ): 0.65% Brookfield Wealth Solutions ( BNT ): 0.66% HEICO ( HEI.A ): 0.68% DiDi Global ( DIDIY ): 0.70% Bausch + Lomb ( BLCO ): 0.70% Rush Enterprises ( RUSHA ): 0.72% Ubiquiti ( UI ): 0.72% Broad-market ETFs such as ( SPY ), ( QQQ ), ( VTI ) and ( IWM ) track some of these names. More on SPDR S&P 500 ETF Trust, Invesco QQQ Trust, etc. This K-Shaped Economy Keeps Kicking Time To Take Some Chips Off The Table This Old Bull Still Has Legs U.S. House of Representatives votes to restrict Trump's military actions in Iran Nasdaq froth builds, still shy of 2000
Broadcom stock sinks nearly 15% as AI chip forecast disappoints Yahoo Finance Broadcom Q2: The Market Got This Wrong (NASDAQ:AVGO) Seeking Alpha Broadcom's sell-off just entered megacap history Yahoo Finance Broadcom Reports Earnings Today. Here's How Much Traders Expect the Stock to Move Investopedia Broadcom Stock Closes at a Record. It’s Getting a Double Boost From Google and Marvell. Barron's ...
Broadcom stock sinks nearly 15% as AI chip forecast disappoints Yahoo Finance Broadcom Q2: The Market Got This Wrong (NASDAQ:AVGO) Seeking Alpha Broadcom's sell-off just entered megacap history Yahoo Finance Broadcom Reports Earnings Today. Here's How Much Traders Expect the Stock to Move Investopedia Broadcom Stock Closes at a Record. It’s Getting a Double Boost From Google and Marvell. Barron's Broadcom revenue hits record on AI chip surge but outlook disappoints Proactive financial news Ahead of Broadcom Earnings, Here’s What Barchart Data Says Comes Next for AVGO Stock Barchart.com Broadcom Stock Plunges 15% After Weak AI Guidance — Goldman Hikes Target To $525, Sees Nearly 30% Upside Benzinga Broadcom (AVGO) Q2 FY26 earnings results beat revenue estimate, miss EPS whisper number expectation Shacknews
Lighthouse Films/DigitalVision via Getty Images Ticketplus Is Growing, But Risks Are Significant Ticketplus Ltd. ( TP ) has filed to raise expansion and general working capital from an IPO of its ordinary shares, according to an F-1 registration statement . The company operates an online ticket sales and marketing platform for events serving markets in Latin America. Topline revenue growth has bee...
Lighthouse Films/DigitalVision via Getty Images Ticketplus Is Growing, But Risks Are Significant Ticketplus Ltd. ( TP ) has filed to raise expansion and general working capital from an IPO of its ordinary shares, according to an F-1 registration statement . The company operates an online ticket sales and marketing platform for events serving markets in Latin America. Topline revenue growth has been impressive, but its operating results aren’t as good as they may seem, and the company is exposed to expansion execution and currency risks. I’ll provide a final opinion when we learn more about the IPO. What does Ticketplus do? Ticketplus has developed a system that enables attendees of live events in various Latin American countries to purchase their tickets online, either directly or through its white-label offering. In 2025, the site hosted 39.800 events from over 2,800 venues and promoters in 11 countries in Central and South America, from Mexico to Chile. The company's current coverage footprint is shown in the graphic below: SEC TP derives most of its revenue from its branded and proprietary core platform and a minority of revenue from its white-label offering, as the pie chart shows here: SEC The firm is led by co-founder and Chief Executive Officer Mr. Chien-Fu Chen Chen, who was the firm’s original Chief Technology Officer when it was founded in 2014. Ticketplus has recorded $3.3 million in fair market value investment from investors, including Yehtro Dinamarco Santelices, who is the company's Chairman. What is Ticketplus’ Market? The South America events market was an estimated $27.7 billion in 2022 and was forecast to exceed $45.5 billion by 2028, according to a 2023 market research report by Business Market Insights. If achieved, that growth would represent a CAGR (Compound Annual Growth Rate) of 8.6% from 2021 to 2028, a moderately robust rate of growth. Event types include music concerts, festivals, sporting events, exhibitions and conference and corporate ...
Eightco Holdings ( ORBS ) announced on Wednesday that its total holdings reached about $437M, including ~$142M in cash and stablecoins. The company holds a $90M indirect stake in OpenAI and owns 283.5M Worldcoin (WLD) tokens worth about $156M, along with 16.3K Ethereum ( ETH-USD ), giving it major exposure to AI and digital assets. Moreover, it has invested $18M in Beast Industries and $1M in Myth...
Eightco Holdings ( ORBS ) announced on Wednesday that its total holdings reached about $437M, including ~$142M in cash and stablecoins. The company holds a $90M indirect stake in OpenAI and owns 283.5M Worldcoin (WLD) tokens worth about $156M, along with 16.3K Ethereum ( ETH-USD ), giving it major exposure to AI and digital assets. Moreover, it has invested $18M in Beast Industries and $1M in Mythical Games, with management focusing on three long-term themes: artificial intelligence, digital identity, and the creator economy. Source: Press Release More on Eightco Holdings Eightco Holdings: Worldcoin, OpenAI, And POH Assets Are Overshadowed By Dilution Eightco Holdings treasury hit $374M, led by $90M OpenAI position Eightco hits $337M AI-driven treasury mix led by OpenAI, Worldcoin, ETH Financial information for Eightco Holdings
The Dow opened higher, but the S&P 500 and Nasdaq were on pace to fall for a second day in a row. The Dow rose 503 points, or 1%. The S&P 500 fell 0.3%. The Nasdaq tumbled 1.1%. A majority of stocks in the Dow and S&P were rising, but the chip stock slide was overpowering the latter.
The Dow opened higher, but the S&P 500 and Nasdaq were on pace to fall for a second day in a row. The Dow rose 503 points, or 1%. The S&P 500 fell 0.3%. The Nasdaq tumbled 1.1%. A majority of stocks in the Dow and S&P were rising, but the chip stock slide was overpowering the latter.
With the price of oil settling in the $90s despite the ongoing situation in the Strait of Hormuz, questions linger as to whether there’s another spike in the cards or if we’ll be gradually headed back to more normalized levels (think around $60 per barrel). Indeed, perhaps the days of pre-Iran conflict oil prices are ... Is $150 Oil Really Possible in Two or Three Weeks?
With the price of oil settling in the $90s despite the ongoing situation in the Strait of Hormuz, questions linger as to whether there’s another spike in the cards or if we’ll be gradually headed back to more normalized levels (think around $60 per barrel). Indeed, perhaps the days of pre-Iran conflict oil prices are ... Is $150 Oil Really Possible in Two or Three Weeks?
Jim Zelter, president at Apollo Global Management, says the “phenomenal and unprecedented” AI capex boom could cause issues for smaller companies looking to tap the public markets and says investment-grade debt sales will outpace net issuance of US Treasuries this year. (Source: Bloomberg)
Jim Zelter, president at Apollo Global Management, says the “phenomenal and unprecedented” AI capex boom could cause issues for smaller companies looking to tap the public markets and says investment-grade debt sales will outpace net issuance of US Treasuries this year. (Source: Bloomberg)
Canaccord Genuity Group Inc. CUM5YR 1ST PFD-C ( CF.PR.C:CA ) declares $0.4273/share quarterly dividend , in line with previous. Forward yield 6.73% Payable June 30; for shareholders of record June 19; ex-div June 19. See CF.PR.C:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Canaccord Genuity Group Inc. Canaccord Genuity Group Inc. 2026 Q4 - Results - Earnings Call Presentation Pes...
Canaccord Genuity Group Inc. CUM5YR 1ST PFD-C ( CF.PR.C:CA ) declares $0.4273/share quarterly dividend , in line with previous. Forward yield 6.73% Payable June 30; for shareholders of record June 19; ex-div June 19. See CF.PR.C:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Canaccord Genuity Group Inc. Canaccord Genuity Group Inc. 2026 Q4 - Results - Earnings Call Presentation PesoRama to raise up to $7 million in private placement Historical earnings data for Canaccord Genuity Group Inc. Dividend scorecard for Canaccord Genuity Group Inc. Financial information for Canaccord Genuity Group Inc.
Grupo Aeroméxico ( AERO ) on Thursday said total capacity, measured in available seat miles (ASMs) in May, increased by 4.7% year-over-year. International ASMs increased by 7.0%, while domestic capacity decreased by 0.3% year-over-year. Grupo Aeroméxico transported 2 million and 102 thousand passengers in May 2026, a 2.1% year-over-year increase. International passengers increased by 4.6%, while d...
Grupo Aeroméxico ( AERO ) on Thursday said total capacity, measured in available seat miles (ASMs) in May, increased by 4.7% year-over-year. International ASMs increased by 7.0%, while domestic capacity decreased by 0.3% year-over-year. Grupo Aeroméxico transported 2 million and 102 thousand passengers in May 2026, a 2.1% year-over-year increase. International passengers increased by 4.6%, while domestic passengers increased by 0.9%. Demand, measured in passenger miles (RPMs), increased by 5.2% year-over-year. International demand increased by 6.8%, while domestic demand increased by 1.6%, both figures compared to May 2025. Aeroméxico’s May 2026 load factor was 85.8%, a 0.4 p.p. increase as compared to May 2025. International load factor decreased by 0.2 p.p., and domestic load factor increased by 1.6 p.p. Press release More on Grupo Aeroméxico, S.A.B. de C.V. Grupo Aeroméxico, S.A.B. de C.V. (AERO) Q1 2026 Earnings Call Transcript Aeroméxico says March saw 1.4% decline in passenger numbers Historical earnings data for Grupo Aeroméxico, S.A.B. de C.V. Financial information for Grupo Aeroméxico, S.A.B. de C.V.
The stock market rally could be in trouble here as tech falters, and traders at Barclays think investors should protect themselves. The S & P 500 this week hit a fresh record high, topping 7,600 for the first time. However, the benchmark is down 0.4% for the week as some of the biggest tech-related names have slipped. The index was headed for further losses Thursday , as a sell-off in Broadcom put...
The stock market rally could be in trouble here as tech falters, and traders at Barclays think investors should protect themselves. The S & P 500 this week hit a fresh record high, topping 7,600 for the first time. However, the benchmark is down 0.4% for the week as some of the biggest tech-related names have slipped. The index was headed for further losses Thursday , as a sell-off in Broadcom put pressure on the semiconductor sector. Barclays trading desk thinks that investors can buy protection in the form of index puts on the cheap right now given the market's strong performance — and they should take advantage of that. Puts are options that give the holder the right to sell a specified number of shares at a predetermined price until the contract expires. Specifically, they noted that the bank's equities timing indicator "remains deep into sell-signal territory … and implies a poor asymmetry for [S & P 500] performance over the next two months." Traders added that "that the attractiveness of index puts is too good to ignore currently." AVGO 5D mountain AVGO year to date To be sure, the bank noted that its cautious stance has more to do with a "technical assessment of the market asymmetry and not necessarily a fundamental shift in what the potential earnings power could look like going forward." "Semis are now a 19% (!!!!!) weight in SPX and combined with Tech Hardware is over 30% of the broad index. Consequently, a selloff in this cohort could have the effect of dragging a lot of other parts of the market with it (Mag7 included), which would have the effect of driving both index correlation and volatility higher," they noted. The VanEck Semiconductor ETF (SMH) has surged 77% in 2026. However, it dropped more than 3% in the premarket Thursday as Broadcom tumbled more than 15% on lackluster quarterly figures and guidance.
Canaccord Genuity Group Inc. ( CF:CA ) declares CAD 0.10/share quarterly dividend . Payable June 30; for shareholders of record June 19; ex-div June 19. See CF:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Canaccord Genuity Group Inc. Canaccord Genuity Group Inc. 2026 Q4 - Results - Earnings Call Presentation PesoRama to raise up to $7 million in private placement Historical earni...
Canaccord Genuity Group Inc. ( CF:CA ) declares CAD 0.10/share quarterly dividend . Payable June 30; for shareholders of record June 19; ex-div June 19. See CF:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Canaccord Genuity Group Inc. Canaccord Genuity Group Inc. 2026 Q4 - Results - Earnings Call Presentation PesoRama to raise up to $7 million in private placement Historical earnings data for Canaccord Genuity Group Inc. Dividend scorecard for Canaccord Genuity Group Inc. Financial information for Canaccord Genuity Group Inc.