(RTTNews) - Giving back ground following yesterday's rally following a diplomatic breakthrough in U.S.-Iran conflict, Canadian stocks fell on Thursday as crude oil prices bounced due to renewed supply disruption concerns after Iran limited vessel traffic through the Strait of Hor
(RTTNews) - Giving back ground following yesterday's rally following a diplomatic breakthrough in U.S.-Iran conflict, Canadian stocks fell on Thursday as crude oil prices bounced due to renewed supply disruption concerns after Iran limited vessel traffic through the Strait of Hor
z1b/iStock via Getty Images Fidelity Blue Chip Growth ETF ( FBCG ) has the potential to beat the market during a recovery phase and over the long term. FBCG’s market-beating returns are likely to be supported by its portfolio strategy of holding stakes in established growth companies with a strong upside potential. Its exposure towards the top-performing stocks from the fast-growing industries wit...
z1b/iStock via Getty Images Fidelity Blue Chip Growth ETF ( FBCG ) has the potential to beat the market during a recovery phase and over the long term. FBCG’s market-beating returns are likely to be supported by its portfolio strategy of holding stakes in established growth companies with a strong upside potential. Its exposure towards the top-performing stocks from the fast-growing industries within the technology and other sectors is likely to fuel its price upside. In the past three years, the bluechip growth ETF outshined both active and traditional growth-focused ETFs by a significant percentage. Its is an actively-managed ETF with an objective to deliver greater returns than the Russell 1000 Index. Furthermore, FBCG offers an attractive buying opportunity, as the recent selloff has cooled its valuations from the recent peak. Therefore, I initiate coverage of FBCG with a buy rating. FBCG is Outshining Other Growth ETFs FBCG price returns compared to CGGR, MGK and VUG (Seeking Alpha) In the past three years, the Fidelity Blue Chip Growth ETF delivered an exceptional price return of 162% for shareholders. FBCG’s price return was significantly higher compared to the popular growth-focused funds, including Capital Group Growth ETF ( CGGR ), Vanguard Growth Index Fund ETF Shares ( VUG ) and Vanguard Mega Cap Growth Index Fund ETF ( MGK ). CGGR is an actively-managed growth ETF. Whereas, VUG tracks performance of CRSP US Large Cap Growth Index while MGK tracks CRSP US Mega Cap Growth Index. FBCG performance versus MTUM, SPMO and FELG (Seeking Alpha) In addition, FBCG’s price return was also greater than Fidelity’s other active large-cap growth funds, including Fidelity Fundamental Large Cap Growth ETF ( FFLG ). FFLG is running a portfolio of 100 fundamentally sound large cap growth stocks. FBCG also topped the momentum ETFs by a significant percentage. The momentum ETFs, such as iShares MSCI USA Momentum Factor ETF ( MTUM ) and Invesco S&P 500 Momentum ETF ( SPMO ), ...
In trading on Thursday, shares of Biglari Holdings Inc (Symbol: BH) crossed below their 200 day moving average of $336.35, changing hands as low as $301.21 per share. Biglari Holdings Inc shares are currently trading off about 2.6% on the day. The chart below shows the one yea
In trading on Thursday, shares of Biglari Holdings Inc (Symbol: BH) crossed below their 200 day moving average of $336.35, changing hands as low as $301.21 per share. Biglari Holdings Inc shares are currently trading off about 2.6% on the day. The chart below shows the one yea
In trading on Thursday, shares of Lowe's Companies Inc (Symbol: LOW) crossed above their 200 day moving average of $247.52, changing hands as high as $248.69 per share. Lowe's Companies Inc shares are currently trading up about 2% on the day. The chart below shows the one year
In trading on Thursday, shares of Lowe's Companies Inc (Symbol: LOW) crossed above their 200 day moving average of $247.52, changing hands as high as $248.69 per share. Lowe's Companies Inc shares are currently trading up about 2% on the day. The chart below shows the one year
In trading on Thursday, shares of RPM International Inc (Symbol: RPM) crossed above their 200 day moving average of $111.79, changing hands as high as $113.17 per share. RPM International Inc shares are currently trading up about 3% on the day. The chart below shows the one ye
In trading on Thursday, shares of RPM International Inc (Symbol: RPM) crossed above their 200 day moving average of $111.79, changing hands as high as $113.17 per share. RPM International Inc shares are currently trading up about 3% on the day. The chart below shows the one ye
Cohen & Steers ( CNS ) on Thursday said its preliminary AUM as of March 31 stood at $93.1B, down from $98.4B at the end of February. The decrease was due to market depreciation of $5B and distributions of $323M, partially offset by net inflows of $42M. By investment vehicle, Institutional Accounts ended the month with $38.5B in AUM, Open-end Funds with $47.1B, and Closed-end Funds with $12.8B. Mor...
Cohen & Steers ( CNS ) on Thursday said its preliminary AUM as of March 31 stood at $93.1B, down from $98.4B at the end of February. The decrease was due to market depreciation of $5B and distributions of $323M, partially offset by net inflows of $42M. By investment vehicle, Institutional Accounts ended the month with $38.5B in AUM, Open-end Funds with $47.1B, and Closed-end Funds with $12.8B. More on Cohen & Steers Cohen & Steers: Cheap Enough To Buy As Income Comes Back Into Focus (Upgrade) Cohen & Steers, Inc. (CNS) Q4 2025 Earnings Call Transcript Cohen & Steers, Inc. 2025 Q4 - Results - Earnings Call Presentation Mid-Cap Sell Streaks: 10 stocks trapped longest in bearish Quant ratings Cohen & Steers reports January end AUM of $93.1B
Anthropic (ANTH.PVT) is claiming that its new Claude Mythos AI model may be too powerful and is limiting its release after it reportedly “found thousands of high-severity vulnerabilities, including some in every major operating system and web browser," and could be used to hack software. Yahoo Finance Tech Editor Dan Howley outlines how Claude Mythos may be one of the AI landscape's biggest fears.
Anthropic (ANTH.PVT) is claiming that its new Claude Mythos AI model may be too powerful and is limiting its release after it reportedly “found thousands of high-severity vulnerabilities, including some in every major operating system and web browser," and could be used to hack software. Yahoo Finance Tech Editor Dan Howley outlines how Claude Mythos may be one of the AI landscape's biggest fears.
PeopleImages/iStock via Getty Images Overview I’ve been skeptical of AVITA Medical, Inc. ( RCEL ) in the past due to its niche position within a competitive wound/burn market. I last visited the stock following its Q3 2024 earnings. AVITA’s S&M expenses were slightly outpacing revenue gains that were falling short of management’s own expectations. Losses were accelerating, cash and investments wer...
PeopleImages/iStock via Getty Images Overview I’ve been skeptical of AVITA Medical, Inc. ( RCEL ) in the past due to its niche position within a competitive wound/burn market. I last visited the stock following its Q3 2024 earnings. AVITA’s S&M expenses were slightly outpacing revenue gains that were falling short of management’s own expectations. Losses were accelerating, cash and investments were just ~$44M, and debt obligations were looming. On Wednesday, AVITA secured a 10-year BARDA agreement worth up to $25.5M, inspiring a stock rally. Data by YCharts I take a closer look below. Recent Developments Only $3.97M of the headline $25.5M is “expected” over the 10-year term. This comes out to roughly $400k/year. Really, less than 1% of AVITA’s annual revenue. The remaining $21.5M depends entirely on BARDA exercising options (e.g., in a mass casualty scenario). Author's Compilation In the past two quarters, AVITA’s YoY revenue growth has fallen (-4.3% in Q4). And with multiple products on the market, its gross margins dropped from 87.6% in late 2024 to 81.2% in late 2025. This is due to revenue-sharing agreements for Cohealyx and PermeaDerm, in which AVITA only keeps 50-60% of the sale price. Management expects gross margins to be “ in the range of 83% to 85% .” AVITA reduced and moved its sales force last year. It seems focused on 200 key accounts, rather than spending the money to acquire new customers. The company has made progress on reducing OpEx. Its total net loss was $48.6M in 2025, compared to $61.8M in 2024. Financial Health It also entered a new credit facility with Perceptive Advisors. This only came after the company was consistently “tripping” the revenue covenants (requiring waivers and a handful of amendments) of its OrbiMed agreement in 2025. The new covenant for Q1 2026 is set at $68.5M (trailing twelve months). This should be an easy target because they already did $71.6M in 2025. Author's Compilation AVITA exited 2025 with $18.2M in cash and marke...
jittawit.21/iStock via Getty Images The U.S. Postal Service on Thursday proposed a new round of mailing price increases, including a hike in the cost of a First-Class Mail Forever stamp from 78 cents to 82 cents, according to a filing submitted to the Postal Regulatory Commission . The changes, if approved, would take effect July 12 and raise mailing services prices by roughly 4.8 percent overall....
jittawit.21/iStock via Getty Images The U.S. Postal Service on Thursday proposed a new round of mailing price increases, including a hike in the cost of a First-Class Mail Forever stamp from 78 cents to 82 cents, according to a filing submitted to the Postal Regulatory Commission . The changes, if approved, would take effect July 12 and raise mailing services prices by roughly 4.8 percent overall. First-class mail prices move higher Under the proposal, the price of sending a one-ounce letter would rise by four cents, while metered letters would increase from 74 cents to 78 cents. Domestic postcard rates would climb from 61 cents to 65 cents, and international postcards and one-ounce international letters would both increase from $1.70 to $1.75. The additional-ounce charge for single-piece letters would remain unchanged at 29 cents. The Postal Service is also seeking adjustments across a broader set of offerings, including periodicals, marketing mail, package services and certain special services products. Filing reflects ongoing financial pressure The rate request comes as the Postal Service continues to face persistent financial challenges and higher operating costs. The agency said it is relying on its regulatory authority to adjust prices as part of efforts to maintain operations and meet its universal service mandate. Unlike many federal entities, the Postal Service does not receive regular taxpayer funding for operating expenses and instead depends primarily on revenue from postage and related services. Even with the proposed increases, the agency said U.S. mailing prices would remain comparatively low by international standards, subject to review by the commission. More news and analysis XLF: The Financial Sector At Crossroads Albemarle: Why Sodium-Ion Technology Makes This Lithium Giant A Value Trap NowVertical Group Inc. (NOW:CA) Q4 2025 Earnings Call Transcript TriNet to acquire Cocoon to expand leave management offerings Dynagas LNG Partners LP Non-GAAP EP...
Almost as soon as researchers started exploring the capabilities of the CRISPR/Cas9 system, they recognized its potential use in targeted gene editing. But the intervening decades have seen slow progress as people worked to determine how to do so in a way that would be safe for use in humans. It was only a little over two years ago, decades after CRISPR's discovery, that the FDA approved the first...
Almost as soon as researchers started exploring the capabilities of the CRISPR/Cas9 system, they recognized its potential use in targeted gene editing. But the intervening decades have seen slow progress as people worked to determine how to do so in a way that would be safe for use in humans. It was only a little over two years ago, decades after CRISPR's discovery, that the FDA approved the first CRISPR-based therapy , for sickle-cell anemia. Now, following up on that success, a large Chinese collaboration has followed up with a description of an improved gene editing system that produces more focused changes and fewer mistakes. And they've used it to produce a therapy that addresses a disease that's closely related to sickle-cell anemia: β-Thalassaemia. Gene editing and its limits The CRISPR/Cas-9 system provides bacteria with a form of immunity. It uses specially structured RNAs (called guide RNAs) that can base-pair with a targeted sequence. The Cas-9 protein then recognizes this structure and cuts the DNA nearby. This is quite effective when the guide RNA can base-pair with a DNA virus, as the resulting cut will inactivate the virus. Read full article Comments
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
BayCom Corp. ( BCML ), the holding company for United Business Bank, announced on Thursday that its Board of Directors (the “Board”) has approved a leadership transition and appointed three new executives to execute the company's next phase of growth. The company has appointed Christopher F. Baron as president and chief executive officer of the company and the bank. Additionally, the board has app...
BayCom Corp. ( BCML ), the holding company for United Business Bank, announced on Thursday that its Board of Directors (the “Board”) has approved a leadership transition and appointed three new executives to execute the company's next phase of growth. The company has appointed Christopher F. Baron as president and chief executive officer of the company and the bank. Additionally, the board has appointed Kevin L. Thompson as executive vice president and chief financial officer of the company and the bank. The board has also appointed William J. Black , Jr., as executive vice chairman of the Company and the bank. In connection with the management transition, George J. Guarini , Janet L. King and Keary L. Colwell have each tendered their resignations from the board of directors of the company, effective April 10, 2026. The company’s board has approved the appointments of Baron and Black as members of the board, each effective as of April 13, 2026. Lloyd W. Kendall , Jr., will continue to serve as chair and William J. Black , Jr., will serve as executive vice chair. Source: Press Release More on Bay Commercial Bank Seeking Alpha’s Quant Rating on Bay Commercial Bank Historical earnings data for Bay Commercial Bank Dividend scorecard for Bay Commercial Bank Financial information for Bay Commercial Bank
vadimrysev/iStock via Getty Images Why the petrodollar is at risk When in 1971 the Bretton Woods system collapsed, the US was looking for new ways to keep the world relying on the US Dollar. The latter was no longer backed by gold, so it was necessary to find new influential allies able to preserve the US Dollar status across the world. Why not GCC countries? Back in 1970s, the GCC (Gulf Cooperati...
vadimrysev/iStock via Getty Images Why the petrodollar is at risk When in 1971 the Bretton Woods system collapsed, the US was looking for new ways to keep the world relying on the US Dollar. The latter was no longer backed by gold, so it was necessary to find new influential allies able to preserve the US Dollar status across the world. Why not GCC countries? Back in 1970s, the GCC (Gulf Cooperation Council) countries had already recognized how influential they were in the global economy, in fact they held the majority of world’s easy-to-reach oil. However, the GCC countries found themselves in a peculiar situation: selling oil made them rich on paper, but their cities didn’t reflect that richness. There were no advanced infrastructures, no high-quality hospitals and innovating companies. This is not a surprise, after all, they went from extreme poverty to extreme richness in a couple of decades, just because they were sitting on the most profitable soil in the world without even knowing it. In other words, the GCC had the raw material, but they lacked the human expertise to exploit their wealth. Guess who was willing to share its expertise in exchange of that raw material? Obviously, the US, a major net oil importer in 1970s. Chart made by the author, US Energy Information Administration data The US had all the incentive to make GCC a close ally, but it went even further. The US acknowledged that GCC would have become the backbone of the future global economy, in fact they had all the cards in their favor: a strategic position in the middle of the world, halfway between the West and the East, on top of having access to main global maritime routes through the Strait of Bab al Mandeb and the Strait of Hormuz. Basically, they possess the most important commodity and also the perfect way to deliver it. GCC countries were meant to be among the greatest powers in the world, and the US was smart enough to benefit from their ascent through the Petrodollar agreement. Here i...
In trading on Thursday, shares of the First Trust Financials AlphaDEX Fund ETF (Symbol: FXO) crossed above their 200 day moving average of $58.59, changing hands as high as $59.01 per share. First Trust Financials AlphaDEX Fund shares are currently trading up about 0.8% on the
In trading on Thursday, shares of the First Trust Financials AlphaDEX Fund ETF (Symbol: FXO) crossed above their 200 day moving average of $58.59, changing hands as high as $59.01 per share. First Trust Financials AlphaDEX Fund shares are currently trading up about 0.8% on the