Building on the momentum that drove a 23.3% rise through March, Adtran Holdings (NASDAQ: ADTN) stock has continued to soar in the early days of April. For each trading day this month, Adtran stock has closed higher than the previous session. And that streak is poised to extend today, thanks to a firm's upwardly revised price target on the networking and communications stock. As of 2:01 p.m. ET, sh...
Building on the momentum that drove a 23.3% rise through March, Adtran Holdings (NASDAQ: ADTN) stock has continued to soar in the early days of April. For each trading day this month, Adtran stock has closed higher than the previous session. And that streak is poised to extend today, thanks to a firm's upwardly revised price target on the networking and communications stock. As of 2:01 p.m. ET, shares of Adtran are up 5.1%. Image source: Getty Images. Continue reading
The U.S. oil and gas company Occidental Petroleum (NYSE: OXY) announced this morning that it has found oil in the Gulf of America, previously known as the Gulf of Mexico. The company said the discovery was made at the Bandit site, about 125 miles south of the Louisiana coast. During exploration at Bandit, Occidental observed high-quality, full-to-base oil-bearing Miocene sands. The company owns ov...
The U.S. oil and gas company Occidental Petroleum (NYSE: OXY) announced this morning that it has found oil in the Gulf of America, previously known as the Gulf of Mexico. The company said the discovery was made at the Bandit site, about 125 miles south of the Louisiana coast. During exploration at Bandit, Occidental observed high-quality, full-to-base oil-bearing Miocene sands. The company owns over 45% of the Bandit and said it is still examining the results of its discovery to determine next steps. Image source: Getty Images. Continue reading
(RTTNews) - Finishing off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Thursday revealed this month's auction of $22 billion worth of thirty-year bonds attracted average demand.
(RTTNews) - Finishing off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Thursday revealed this month's auction of $22 billion worth of thirty-year bonds attracted average demand.
Every founder who applies to Startup Battlefield wants the same thing: the Disrupt Main Stage. Here’s how to get there and why the opportunity starts well before the main stage.
Every founder who applies to Startup Battlefield wants the same thing: the Disrupt Main Stage. Here’s how to get there and why the opportunity starts well before the main stage.
People sell wild animals for food and for traditional medicine — legally and illegally. A study looks at the risks of spillover diseases from those pangolins, giant rats and other exotic critters. (Image credit: Jimin Lai/AFP)
People sell wild animals for food and for traditional medicine — legally and illegally. A study looks at the risks of spillover diseases from those pangolins, giant rats and other exotic critters. (Image credit: Jimin Lai/AFP)
Intel Corp. just got the kind of public endorsement its foundry ambitions have been missing — from Elon Musk. Shares of Intel gained on Tuesday after it joined the Terafab project alongside SpaceX, xAI and Tesla Inc.. The move positions the chipmaker at the center of Musk's latest attempt to redesign silicon fabrication technology. The company said its capabilities in designing, manufacturing and ...
Intel Corp. just got the kind of public endorsement its foundry ambitions have been missing — from Elon Musk. Shares of Intel gained on Tuesday after it joined the Terafab project alongside SpaceX, xAI and Tesla Inc.. The move positions the chipmaker at the center of Musk's latest attempt to redesign silicon fabrication technology. The company said its capabilities in designing, manufacturing and packaging high-performance chips at scale will support Terafab's goal of producing 1 terawatt of com
Bitcoin After Dark A famous financial anomaly is that the stock market mostly goes up when it’s closed : “Over at least the past three decades, investors have earned 100% or more of the return on a wide range of risky assets when the markets are closed, and, as sure as day follows night, have earned zero or negative returns for bearing the risk of owning those assets during the daytime, when marke...
Bitcoin After Dark A famous financial anomaly is that the stock market mostly goes up when it’s closed : “Over at least the past three decades, investors have earned 100% or more of the return on a wide range of risky assets when the markets are closed, and, as sure as day follows night, have earned zero or negative returns for bearing the risk of owning those assets during the daytime, when markets are open,” as Victor Haghani, Vladimir Ragulin and Richard Dewey have put it . That is, stocks tend broadly to open higher than they closed the previous day, and then to go down a bit during the trading day. Nobody quite knows why. Bruce Knuteson has a famous theory, laid out in papers with titles like “ Strikingly Suspicious Overnight and Intraday Returns ,” “ They Chose to Not Tell You ,” “ Nothing to See Here ” and “ They Still Haven’t Told You ,” that quantitative trading firms conspire to inflate prices every morning and deflate them every evening. My own crude intuitive assumption is that, because US public companies try not to release information during market hours , most of the fundamental information that causes stocks to rise over the long run is in fact released and assimilated at night. But that is not very rigorous, and nobody else seems to believe it. The other famous fact about this anomaly is that, even if you know about it, you can’t make any money trading on it: The transaction costs of buying all the stocks every morning and selling them every afternoon would eat up all the profits. In 2022, two exchange-traded funds (“NightShares 500” and “NightShares 2000”) were launched to profit from the anomaly, but they lost money and closed after a year . Everyone talks about the overnight anomaly, but nobody does anything about it. But if your explanation for the anomaly has a form like “actually most global economic growth occurs when the US is sleeping,” then perhaps this is a temporary setback. Perhaps you can find some instrument that (1) reflects economic...
New study describes what may be the first case of a unified community of chimps, in Uganda, turning on itself On a June day in 2015, primatologist Aaron Sandel was quietly observing a small cluster of the Ngogo chimpanzee group in Uganda’s Kibale national park when he noticed something strange. As other members of the chimpanzees’ wider group moved closer through the forest, the chimpanzees in fro...
New study describes what may be the first case of a unified community of chimps, in Uganda, turning on itself On a June day in 2015, primatologist Aaron Sandel was quietly observing a small cluster of the Ngogo chimpanzee group in Uganda’s Kibale national park when he noticed something strange. As other members of the chimpanzees’ wider group moved closer through the forest, the chimpanzees in front of him began to display nervous behaviour. They grimaced and touched each other for reassurance, acting more like they were about to meet strangers than close companions. In hindsight, Sandel said, that moment was the first sign of what would become a years-long bloody conflict between a once close-knit group of chimps. Continue reading...
The following companies are expected to report earnings after hours on 04/09/2026. Visit our Earnings Calendar for a full list of expected earnings releases.WD-40 Company (WDFC)is reporting for the quarter ending February 28, 2026. The consumer company's consensus earnings per s
The following companies are expected to report earnings after hours on 04/09/2026. Visit our Earnings Calendar for a full list of expected earnings releases.WD-40 Company (WDFC)is reporting for the quarter ending February 28, 2026. The consumer company's consensus earnings per s
J Studios/DigitalVision via Getty Images Investment Overview AbbVie Inc. ( ABBV ), the North Chicago, Illinois-based Pharma giant, is expected to report its Q1 2026 earnings around April 29th - in just under three weeks' time. A few days ago, AbbVie released an 8-K filing in which it stated: Reported GAAP earnings and adjusted non-GAAP earnings for the first quarter of 2026 are expected to include...
J Studios/DigitalVision via Getty Images Investment Overview AbbVie Inc. ( ABBV ), the North Chicago, Illinois-based Pharma giant, is expected to report its Q1 2026 earnings around April 29th - in just under three weeks' time. A few days ago, AbbVie released an 8-K filing in which it stated: Reported GAAP earnings and adjusted non-GAAP earnings for the first quarter of 2026 are expected to include acquired IPR&D and milestones expense of $744 million on a pre-tax basis, representing an unfavorable impact of $0.41 to both GAAP diluted earnings per share and adjusted non-GAAP diluted earnings per share. AbbVie provided very clear guidance for both Q1 and full-year 2026 revenues and earnings on its Q4 2025 earnings call - in Q1, for example, the Pharma forecast for revenues of $14.7bn, with its immunology division contributing $7.1bn, Neuroscience division $2.8bn, Oncology, $1.6bn, and aesthetics revenues of $1.2bn. Eye care products and older assets such as Mavyret (hepatitis), Creon (pancreatic insufficiency), and Linzess (irritable bowel syndrome) comprise the remaining ~$2bn of revenues. Adjusted earnings per share ("EPS") were expected to be between $2.97 and $3.01, but in line with AbbVie's downgraded guidance, analysts are now expecting the company to report a normalized EPS figure of $2.93 and a GAAP figure of $1.43. All told, on a constant currency basis, if AbbVie meets its revenue guidance, it will represent an annual uplift (on a constant currency basis) of ~8% and an uplift in EPS of nearly 100%, while across the whole of 2026, AbbVie is forecasting revenues of ~$67bn, up 9.5%, and adjusted EPS to be $14.37 - $14.57, let's say $14 accounting for the IPRD charges, which is a 40% uplift. My research suggests that among U.S. and European "Big Pharma" companies, only Eli Lilly ( LLY ), the world's largest pharmaceutical by market cap, can match AbbVie's rate of growth (thanks almost exclusively to Lilly's weight loss and Type 2 diabetes drugs Zepbound/Mounjaro...
DOJ Opens Criminal Investigation Into J6 Committee Star Witness Cassidy Hutchinson Authored by Debra Heine via American Greatness, The U.S. Department of Justice (DOJ) has opened a criminal investigation into Cassidy Hutchinson, the former White House staffer who made a number of false claims about President Donald Trump before the January 6 Committee in June 2022 . The probe, led by the DOJ’s Civ...
DOJ Opens Criminal Investigation Into J6 Committee Star Witness Cassidy Hutchinson Authored by Debra Heine via American Greatness, The U.S. Department of Justice (DOJ) has opened a criminal investigation into Cassidy Hutchinson, the former White House staffer who made a number of false claims about President Donald Trump before the January 6 Committee in June 2022 . The probe, led by the DOJ’s Civil Rights Division under Assistant Attorney General Harmeet Dhillon, began in early April 2026 after a criminal referral from Rep. Barry Loudermilk (R-Ga.). In December 2024, the House Administration’s Oversight Subcommittee, which is chaired by Loudermilk, released a 128-page interim report concluding that the J6 star witness had lied under oath and that the Select Committee knew her outrageous claims were false when they publicly promoted her. In a December 17, 2024 press release, Loudermilk referred former Rep. Liz Cheney (R-Wy.) to the Department of Justice for an investigation into “potential criminal witness tampering based on the new information about her communication.” Loudermilk accused Cheney of colluding with then-media darling Hutchinson without her attorney’s knowledge. Hutchinson had testified that President Trump was aware that his supporters had weapons on the morning of January 6 but didn’t care because they weren’t there to hurt him. She also falsely claimed that Trump tried to seize the wheel of the presidential limo and lunged at his former security detail when the Secret Service would not drive him to join protesters at the Capitol. Loudermilk’s report concluded: President Trump did not attack his Secret Service Detail at any time on January 6. President Trump did not have intelligence indicating violence on the morning of January 6. Cassidy Hutchinson falsely claimed to have drafted a handwritten note for President Trump on January 6. Representative Cheney and Cassidy Hutchinson baselessly attempted to disbar Hutchinson’s former attorney. Loudermilk’s...
Cuba accuses US of ‘extorting’ countries in pushing them to axe deals with Havana to send doctors on medical missions Cuba’s foreign minister has accused the United States of “extorting” Latin American countries by putting pressure on them to cancel decades-old deals with Havana for the supply of doctors. Bruno Rodríguez said the United States was trying to “strangle” the economy of the communist ...
Cuba accuses US of ‘extorting’ countries in pushing them to axe deals with Havana to send doctors on medical missions Cuba’s foreign minister has accused the United States of “extorting” Latin American countries by putting pressure on them to cancel decades-old deals with Havana for the supply of doctors. Bruno Rodríguez said the United States was trying to “strangle” the economy of the communist island, which earns billions from its foreign medical missions, after several countries stopped deploying Cuban doctors. Continue reading...
The world’s second-largest ethanol producer Brazil is considering raising the amount of ethanol in gasoline, in a move that would aid consumers facing higher fuel prices while also boosting demand for sugar-cane mills struggling with a biofuel supply glut. Mines and Energy Minister Alexandre Silveira said Wednesday that Brazil wants to raise its mandatory blend of ethanol into gasoline to 32% in t...
The world’s second-largest ethanol producer Brazil is considering raising the amount of ethanol in gasoline, in a move that would aid consumers facing higher fuel prices while also boosting demand for sugar-cane mills struggling with a biofuel supply glut. Mines and Energy Minister Alexandre Silveira said Wednesday that Brazil wants to raise its mandatory blend of ethanol into gasoline to 32% in the first half of 2026. That’s up from the current 30%, and marks a much faster time frame than most analysts anticipated, as the war in Iran adds pressure to fossil fuel prices. “It’s a move that’s happening quickly as it takes into consideration the rise in global prices of crude oil and refined products,” said Martinho Ono , president of ethanol trader SCA Brasil. The previous decision to raise the blend occurred last year, and was preceded by a series of technical tests and discussions that stretched the time line for implementation. “Ethanol has always been cheaper than gasoline, so a higher blend reduces fuel costs” to consumers, he added. Easing the pain for gasoline consumers is crucial as inflation becomes a major concern ahead of this year’s presidential elections in Brazil. President Luiz Inacio Lula da Silva ’s administration has already cut taxes on some fuels while volatility in oil hits diesel prices and increases the cost of road freight. Abundance of ethanol supplies, and cheap biofuel prices, are seen as increasing authorities’ willingness to quickly raise the blending mandate even as the gasoline market is less exposed to external shocks compared to diesel, due to a lower share of imports. The boost would come at a crucial time for the ethanol industry, which has recently seen margins suffer from increasing competition, and as the nation’s largest sugar-cane ethanol maker Raízen SA faces a debt crisis. Most of Brazil’s ethanol comes from sugar cane, but a boom in construction of new mills processing corn at a lower cost has hurt profits for the once domina...
Klaus Vedfelt/DigitalVision via Getty Images One of my favorite things about my work in the financial sector is that it gives me the ability to continue learning about new companies in new industries. Of course, I am very familiar with the fashion retail space. And I have also heard of Revolve Group, Inc. ( RVLV ) before. However, this is my first time digging into the business. What I found was a...
Klaus Vedfelt/DigitalVision via Getty Images One of my favorite things about my work in the financial sector is that it gives me the ability to continue learning about new companies in new industries. Of course, I am very familiar with the fashion retail space. And I have also heard of Revolve Group, Inc. ( RVLV ) before. However, this is my first time digging into the business. What I found was a fascinating play that focuses on the younger generations. And over the years, management has achieved some really remarkable success. On an absolute basis, I would say that the stock is not the most attractive. But considering the growth trajectory that it's on and the strong balance sheet that it boasts, I would argue that the company is certainly deserving of a "Buy" rating at this time. Revolve Group Is A Niche Retail Play The management team at Revolve Group describes the company as a next-generation fashion retailer dedicated to Millennials and members of Gen Z. Unlike traditional retailers, however, the company focuses on offering premium lifestyle brands through its online channels. In fact, through these assets, the firm offers more than 140,000 apparel and footwear styles, not to mention beauty products and various accessories. Management has made it a priority to work with not only over 1,600 brands but also with fashion influencers across the planet. If executed appropriately, this seems like a powerful business model with network effects. That alone should differentiate it from traditional retail plays. Author - SEC EDGAR Data Over the last few years now, management has demonstrated the kind of success that the company has been able to achieve. From 2023 through 2025, revenue grew from $1.07 billion to $1.26 billion. This growth for the company was driven by a rise in the number of active customers from 2.54 million to 2.84 million. As the number of active customers grows, the number of orders placed on its platform increases as well. That number expanded from ...