Matthieu Douhaire Airline stocks were jolted on Monday after a spike in crude oil prices linked to Iran's Tasnim state-affiliated news outlet saying Iranian negotiators will stop exchanging messages with the U.S. through intermediaries in protest of Israel's attacks in Lebanon and Gaza. Iran will completely block the Strait of Hormuz and open other fronts, including the Bab el-Mandeb Strait, which...
Matthieu Douhaire Airline stocks were jolted on Monday after a spike in crude oil prices linked to Iran's Tasnim state-affiliated news outlet saying Iranian negotiators will stop exchanging messages with the U.S. through intermediaries in protest of Israel's attacks in Lebanon and Gaza. Iran will completely block the Strait of Hormuz and open other fronts, including the Bab el-Mandeb Strait, which connects the Red Sea to the Gulf of Aden, according to the Tasnim report. The airline sector is more sensitive to oil prices than in the past because a lower percentage of carriers use hedging strategies. The US Global Jets ETF ( JETS ) was down 3.4% in late morning trading. Notable decliners in the airline sector included Allegiant Travel ( ALGT ) -6.6%, Air France-KLM ( AFLYY ) -5.7%, Alaska Air Group ( ALK ) -5.5%, Volaris ( VLRS ) -5.3%, SkyWest ( SKYW ) -5.2%, Frontier Group ( ULCC ) -4.8%, and LATAM Airlines ( LTM ) -4.6%. More on the airline sector Higher Crack Spreads Are The Real Nightmare For Airlines 3 Market Segments I'm Targeting When Iran War Ends Oil Above $100: Why Game Theory Suggests This Spike Won't Last Airline stocks rally on hopes the Strait of Hormuz will return to pre-war levels Airline stocks gain as high airfares don't wreck summer travel plans
Tatsuya Ozaki/iStock via Getty Images We crossed the Rubicon. In the same way that we distinguish the Internet Bubble between the pre- and post-1999 world, it is my strong suspicion that we will make a similar bifurcation for the AI Bubble - the pre- and post-May 2026 eras. The pre-2026 AI phenom was sparked by the introduction of ChatGPT to the masses and the wonder that followed - truly personal...
Tatsuya Ozaki/iStock via Getty Images We crossed the Rubicon. In the same way that we distinguish the Internet Bubble between the pre- and post-1999 world, it is my strong suspicion that we will make a similar bifurcation for the AI Bubble - the pre- and post-May 2026 eras. The pre-2026 AI phenom was sparked by the introduction of ChatGPT to the masses and the wonder that followed - truly personal assistants and self-driving cars to AI-enabled medical breakthroughs. Up until now, that promise has produced wonderful and rational results in the stock market as companies throughout the industrial spectrum stand to benefit from tremendous AI-fueled productivity gains and new sales opportunities translating into tremendous profits. The post-May 2026 era is distinctly different. In this new paradigm, the promise of an AI future has been demented into a sales pitch aimed at convincing you to part with your human intelligence for artificial intelligence euphoria. Keeping up with the chronology of the 90s Internet Bubble, we are at the Cisco ( CSCO ) hitting a record $550B market capitalization phase , as mania has gone from a fringe market phenomenon in the pre-2026 world to becoming mainstream. Today, our Cisco is Micron ( MU ), a manufacturer of memory chips used in all forms of modern computing from your phone and laptop to large data centers. In the pre-2026 world, Micron was an O.K. commodity-like business that had little to no prospect of surpassing the trillion-dollar market capitalization level. In the post-world, Micron has surpassed the level with ease and at record-breaking pace. The stock is up +240% on a year-to-date basis and trades at 117x last year’s company-adjusted reported earnings. For the moment, the firm is reaping enormous profits from an AI supply chain bottleneck for something called HBM, or high band with memory, that is foundational to the tech that trains and runs AI models. It is a great and powerful position to be in, and the stock price should...
A 60-year-old with $5 million in retirement assets peels off $1 million for 30-year Treasury Inflation-Protected Securities and lets the remaining $4 million chase growth. The host of the Retire SMART Podcast walked through exactly this allocation on Ep. 419, “Bond vs Bond Fund,” arguing that individual TIPS can carry the income side of a ... I’m 60 with $5 million for retirement: should I lock $1...
A 60-year-old with $5 million in retirement assets peels off $1 million for 30-year Treasury Inflation-Protected Securities and lets the remaining $4 million chase growth. The host of the Retire SMART Podcast walked through exactly this allocation on Ep. 419, “Bond vs Bond Fund,” arguing that individual TIPS can carry the income side of a ... I’m 60 with $5 million for retirement: should I lock $1 million in 30-year TIPS for guaranteed income?
Powell says central bank has been facing ‘stress test’ under Trump, as supreme court weighs decision on Fed governor that president tried to fire Sign up for the Breaking News US newsletter email Jerome Powell , the former chair of the Federal Reserve , has warned that a single act of political interference in monetary policy could permanently destroy public trust in the central bank. As Donald Tr...
Powell says central bank has been facing ‘stress test’ under Trump, as supreme court weighs decision on Fed governor that president tried to fire Sign up for the Breaking News US newsletter email Jerome Powell , the former chair of the Federal Reserve , has warned that a single act of political interference in monetary policy could permanently destroy public trust in the central bank. As Donald Trump’s administration continues to test the Fed’s longstanding independence, Powell said in a speech on Sunday night that the institution was in the midst of a “stress test”. Continue reading...
U.S. President Donald Trump speaks in the Oval Office, with Vice President JD Vance and Secretary of State Marco Rubio standing behind him, at the White House in Washington, D.C., U.S., April 23, 2026. Kylie Cooper | Reuters Secretary of State Marco Rubio is seen as increasingly likely to be the GOP nominee in 2028, according to traders on prediction market platforms. While Vice President JD Vance...
U.S. President Donald Trump speaks in the Oval Office, with Vice President JD Vance and Secretary of State Marco Rubio standing behind him, at the White House in Washington, D.C., U.S., April 23, 2026. Kylie Cooper | Reuters Secretary of State Marco Rubio is seen as increasingly likely to be the GOP nominee in 2028, according to traders on prediction market platforms. While Vice President JD Vance is still favored by traders on Kalshi, his odds have slipped to just 33% on Monday from around 50% on Jan. 1. Rubio, meanwhile, has risen to 30% from around 12% odds. Vance was seen as the heir to President Donald Trump's "Make America Great Again" movement, considering his high-profile role in the administration as formally second in command. However, Trump has reportedly cast doubts about whether he views Vance as his successor, as most recently detailed by a report from The New York Times over the weekend. The Times said that Trump brings up Vance's initial opposition to the war in Iran when musing over his candidacy. Rubio's odds have risen throughout the year, but have sharply increased around the initiation of key military operations, including the capture of Venezuelan President Nicolas Maduro in January and the start of the war with Iran in late February. Rubio also delivered a short impromptu speech from the White House press room about his hopes for America in May that he clipped into a viral short-form video , creating questions about what the Cabinet member's plans are for 2028. While Rubio's role in military conflicts has increased his chances to be the Republican nominee, those same conflicts have hurt the party's chances of winning the presidency as Trump's approval ratings have fallen since the start of the year. Odds that the GOP wins the White House in 2028 have fallen to 39% on Monday from 45% before the war with Iran. Traders on Polymarket give Vance a 31% chance of being the Republican nominee in 2028, while Rubio is close behind at just under 27%. Dis...
patty_c Kohl’s ( KSS ) strong free cash flow is being underestimated by investors, says Citi Research analyst Paul Lejuez, and once understood, the stock should see little downside pressure. Accordingly, Lejuez upgrades Kohl’s ( KSS ) to Buy from Neutral with a 57% hike to its price target to $22. This represents another 50% upside to Friday’s closing price. Shares are up 80% year-over-year. “This...
patty_c Kohl’s ( KSS ) strong free cash flow is being underestimated by investors, says Citi Research analyst Paul Lejuez, and once understood, the stock should see little downside pressure. Accordingly, Lejuez upgrades Kohl’s ( KSS ) to Buy from Neutral with a 57% hike to its price target to $22. This represents another 50% upside to Friday’s closing price. Shares are up 80% year-over-year. “This is not a bullish call on department stores, nor an assertion that KSS is about to inflect to positive sustainable comps. This is an ‘everything has a price’ call for a company that (despite operational challenges and a difficult competitive landscape) is achieving attractive FCF,” Lejuez notes, adding that the “market has a misguided view of its debt load.” What makes KSS unique, Lejuez says, is their $2.4B of capital leases, which Kohl’s includes on their balance sheet while other comparable retailers do not. This originates from the 2020 accounting adjustment KSS made tied to the Sephora partnership. However, the legal obligation of these leases is only $1.1B, less than half of what is on their balance sheet. Add to that Kohl’s $1.4B of long-term debt, and that puts total debt at $2.5B and net debt of $2.1B and an enterprise value of $3.7B. Last year Kohl’s ( KSS ) achieved free cash flow of $1.5B, almost equal to its $1.6B market cap. And over the next five years, Lejuez estimates the company will produce FCF of $3.2B despite an assumption for sales to decline 2% per year from 2027 to 2030. Although Citi is admittedly not bullish on the department store sector, and with short interest of 25%, Kohl’s ( KSS ) has one of the most crowded shorts in Citi’s Quant analysis. But despite questions as to Kohl’s longevity in a struggling sector, Lejuez maintains that the FCF dynamic “can’t be ignored.” Lejuez’s Buy rating on Kohl’s ( KSS ) stands apart from the broader consensus among Wall Street analysts, Seeking Alpha authors, and Seeking Alpha’s Quant rating, all of which view ...
Bokeh Capital Partners Founder and Chief Investment Officer Kimberly Forrest joins Julie Hyman on Market Catalysts to discuss Nvidia's (NVDA) new superchip, its role in the AI race, and who will use the chip.
Bokeh Capital Partners Founder and Chief Investment Officer Kimberly Forrest joins Julie Hyman on Market Catalysts to discuss Nvidia's (NVDA) new superchip, its role in the AI race, and who will use the chip.