Ryanair Holdings Plc said jet-fuel suppliers are guaranteeing shipments until at least mid-May, though the situation remains “fluid” as the war in the Middle East plays out. In addition, airlines are likely to pass on their higher fuel costs through more expensive fares for the summer season, Ryanair said Wednesday in an emailed statement. The airline is Europe’s biggest low-cost carrier. “If the ...
Ryanair Holdings Plc said jet-fuel suppliers are guaranteeing shipments until at least mid-May, though the situation remains “fluid” as the war in the Middle East plays out. In addition, airlines are likely to pass on their higher fuel costs through more expensive fares for the summer season, Ryanair said Wednesday in an emailed statement. The airline is Europe’s biggest low-cost carrier. “If the Iran war finishes soon then supply will not be disrupted,” company spokeswoman Emer Igbokwe said. “If the closure of the Hormuz Strait continues into May or June, then we cannot rule out risks to fuel supplies at some airports in Europe.” Read More: Virgin Atlantic Says Jet-Fuel Uncertainty to Build in Six Weeks Ryanair’s comments echo those of Virgin Atlantic Airways Chief Executive Officer Corneel Koster , who said earlier this week he could see about six weeks of secure jet-fuel supplies. Concerns around shortages are growing as airlines enter their peak summer travel season. Europe’s largest carriers have urged the European Union to introduce temporary measures to ease the impact of the disruption. The bloc may face supply issues in the near future, a European Commission spokesperson said Tuesday.
Reid Hoffman says tracking AI token use can gauge adoption, but cautions it should be paired with context and not treated as a direct productivity metric.
Reid Hoffman says tracking AI token use can gauge adoption, but cautions it should be paired with context and not treated as a direct productivity metric.
Reid Hoffman says tracking AI token use can gauge adoption, but cautions it should be paired with context and not treated as a direct productivity metric.
Reid Hoffman says tracking AI token use can gauge adoption, but cautions it should be paired with context and not treated as a direct productivity metric.
A teenage student shot at least four people dead, including three fellow pupils, and wounded at least 20 others at a middle school in southeastern Turkey on Wednesday, the local governor said, marking the country’s second school attack in two days. Three students and one teacher died in the attack in the province of Kahramanmaras, Governor Mukerrem Unluer told reporters, adding the shooter had s...
A teenage student shot at least four people dead, including three fellow pupils, and wounded at least 20 others at a middle school in southeastern Turkey on Wednesday, the local governor said, marking the country’s second school attack in two days. Three students and one teacher died in the attack in the province of Kahramanmaras, Governor Mukerrem Unluer told reporters, adding the shooter had shot and killed himself in the commotion. “An eighth-grade student came with five weapons and seven...
We just covered the 10 Best Stocks to Buy According to AI Bull Brad Gerstner. Coupang, Inc. (NYSE:CPNG) ranks #8 (see the 5 Best Stocks to Buy According to AI Bull Brad Gerstner). Altimeter Capital’s Stake: $369,815,571 Coupang (NYSE:CPNG), often known as the “Amazon of Korea,” ranks 8th in our list of the best stocks […]
We just covered the 10 Best Stocks to Buy According to AI Bull Brad Gerstner. Coupang, Inc. (NYSE:CPNG) ranks #8 (see the 5 Best Stocks to Buy According to AI Bull Brad Gerstner). Altimeter Capital’s Stake: $369,815,571 Coupang (NYSE:CPNG), often known as the “Amazon of Korea,” ranks 8th in our list of the best stocks […]
We just covered the 10 Best Stocks to Buy According to AI Bull Brad Gerstner. Taiwan Semiconductor Manufacturing (NYSE:TSM) ranks #7 (see the 5 Best Stocks to Buy According to AI Bull Brad Gerstner). Altimeter Capital’s Stake: $370,510,893 Rising demand for chips and tight capacity give Taiwan Semiconductor Manufacturing (NYSE:TSM) a unique position to have […]
We just covered the 10 Best Stocks to Buy According to AI Bull Brad Gerstner. Taiwan Semiconductor Manufacturing (NYSE:TSM) ranks #7 (see the 5 Best Stocks to Buy According to AI Bull Brad Gerstner). Altimeter Capital’s Stake: $370,510,893 Rising demand for chips and tight capacity give Taiwan Semiconductor Manufacturing (NYSE:TSM) a unique position to have […]
Apichat Noipang/iStock via Getty Images Written by Nick Ackerman Gladstone Investment ( GAIN ) is a business development company ("BDC") that has been delivering solid results through an attractive monthly dividend to our portfolio. This dividend has been incredibly steady since its public launch, cutting only once during the Global Financial Crisis. So it may not be able to boast as strongly as M...
Apichat Noipang/iStock via Getty Images Written by Nick Ackerman Gladstone Investment ( GAIN ) is a business development company ("BDC") that has been delivering solid results through an attractive monthly dividend to our portfolio. This dividend has been incredibly steady since its public launch, cutting only once during the Global Financial Crisis. So it may not be able to boast as strongly as Main Street Capital ( MAIN ) as having never cut, but it is an accomplishment nonetheless. There have also been a number of sizeable supplementals paid out to investors as well from GAIN, thanks to strong gains from its underlying portfolio. GAIN is a bit unique in that they are a much more concentrated portfolio, and have a sizeable allocation to equity positions. That can increase overall risks for this name relative to senior loan-focused BDCs that have significant diversification across hundreds of outstanding loans, but it can come with some higher rewards as well. GAIN Basics 1-Year Z-score: -0.79 Discount/Premium: -2.81% Dividend Yield: 6.55% Total Expense Ratio: 17.12% Leverage Ratio: 0.97x Managed Assets: $1.237 billion GAIN is a BDC that "makes combined equity and EBT investments in established private businesses in the U.S., in connection with buyouts or other recapitalizations of those companies." They generally target a portfolio over time of "approximately 75% in debt securities and 25% in equity securities, at cost." Management Shake-Up In some recent news for GAIN , they announced that David Gladstone will be stepping down as the CEO immediately. However, he'll still remain on as the Chairman of the Board. As some may already know, David Gladstone is the founder of Gladstone Management Corporation, the advisor to this BDC and several other investment solutions. This is pretty big news, then that he will be stepping back from the day-to-day operations. However, long-time veterans of the company will be taking over. David Dullum, the Company's President since 2...
President Cyril Ramaphosa said billionaire Elon Musk could use equity-equivalence programs to meet South Africa’s racial-equity rules and roll out his Starlink internet service locally, pointing to US firms that comply through alternative investments rather than ownership. Mines and telecommunications operators such as Musk’s Starlink are, however, subject to licensing regulations that require 30%...
President Cyril Ramaphosa said billionaire Elon Musk could use equity-equivalence programs to meet South Africa’s racial-equity rules and roll out his Starlink internet service locally, pointing to US firms that comply through alternative investments rather than ownership. Mines and telecommunications operators such as Musk’s Starlink are, however, subject to licensing regulations that require 30% ownership by Black citizens, limiting the use of such alternatives. Communications Minister Solly Malatsi of the Democratic Alliance party has proposed extending equity-equivalence structures to the sector, but some lawmakers overseeing the industry in December called for him to withdraw the policy, with Ramaphosa’s African National Congress “deeply concerned” with the plan. International companies “are given an opportunity through the equity-equivalence process where they can do other things that are empowering,” Ramaphosa told reporters Wednesday. Singling out so-called Black-economic empowerment laws “is, to me, quite dishonest, because if you look at our laws, you’ll find that they are empowering,” he said. Musk on April 12 wrote on his X social-media platform that the country of his birth won’t license his satellite Internet service “simply because I am not Black.” Satellite technologies that rely on a constellation of low-Earth orbit satellites would be a potential game-changer for South African users who’ve historically faced expensive or unreliable internet options. Only 1.7% of rural households have access, according to a 2023 survey compiled by the nation’s statistics agency. South Africa introduced empowerment policies after the end of apartheid, compelling companies in industries including banking, mining and telecommunications to sell stakes to Black people who were systematically excluded from the economy during White-minority rule. A change to the industry rules would allow telecoms companies to invest in projects such as infrastructure, digital-inclusion in...
Apple maintains a dominant position in the global technology sector as the company evaluates its long-term satellite infrastructure and service strategies.
Apple maintains a dominant position in the global technology sector as the company evaluates its long-term satellite infrastructure and service strategies.
Shortly after the opening bell, we will be selling 25 shares of Broadcom at roughly $388 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 390 shares of AVGO, decreasing its weight in the portfolio to about 4% from 4.3%. Broadcom shares were moving higher on Wednesday after the company announced a multi-year, multi-generation strategic partnership with Meta Platforms to sup...
Shortly after the opening bell, we will be selling 25 shares of Broadcom at roughly $388 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 390 shares of AVGO, decreasing its weight in the portfolio to about 4% from 4.3%. Broadcom shares were moving higher on Wednesday after the company announced a multi-year, multi-generation strategic partnership with Meta Platforms to support that company's Meta Training and Inference Accelerator (MTIA) chips through 2029. Broadcom stated that the initial commitment exceeds 1 gigwatt of compute and represents the first phase of a sustained, multi-year rollout. In other words, this partnership is going to get even bigger over the next few years, supporting Broadcom's roughly $15 billion of artificial intelligence revenue annually from just this one customer. This is Broadcom's second such supply commitment to a major hyperscaler announced this month. Last week, the chipmaker inked a long-term supply agreement to supply custom TPUs and networking equipment to Alphabet through 2031. Broadcom also announced it expanded its supply agreement with Anthropic. AVGO YTD mountain Broadcom YTD Based on Wednesday's premarket prices, the Broadcom rally would extend to about 25% this month, making for a parabolic move that we are taking big profits into. From this sale, we will realize a strong gain of about 336% on stock purchased in September 2023. It's our second Broadcom trim this week. We right-sized the position Monday. We also want to acknowledge that the latest S & P Short Range Oscillator reading of 8.39% indicates a market that has become significantly overbought. However, this one-month swing from minus-7% on March 12, signaling severely oversold, to above 8% as of Tuesday's close isn't a bad thing. MarketEdge, the keeper of the Oscillator, points out that swings this fast and hard don't suggest a market that is about to collapse, but rather that the pace of gains may slow from here. The data shows that over th...
anilbolukbas/iStock Editorial via Getty Images Introduction Back in October last year, I recommended VF Corp ( VFC ) as a ‘buy’ following a strong earnings beat that was misunderstood by the market. While the company’s North Face and Timberland brands continued to do well, the market was overly concerned with the Vans Brand. My view was that with management taking the right steps to return that po...
anilbolukbas/iStock Editorial via Getty Images Introduction Back in October last year, I recommended VF Corp ( VFC ) as a ‘buy’ following a strong earnings beat that was misunderstood by the market. While the company’s North Face and Timberland brands continued to do well, the market was overly concerned with the Vans Brand. My view was that with management taking the right steps to return that portion of the business to growth and a divestiture (Dickies for $600 million) helping to de-lever the balance sheet and bring the company back to a more solid credit profile, the company’s shares would start to move higher as the business traded at a trough EBITDA valuation multiple earnings had significant upside as management executed on margins. Since that time, shares have returned 32% in less than six months. That said, I still see the turnaround as gaining traction with room for continued lift to earnings. So while the valuation has appropriately re-rated, I’m reiterating by ‘buy’ rating here. A look back at VF Corp's Q3'26 results Q3’26 was a solid quarter for VF Corp as they wrapped up the calendar year. For the final three months of 2025, the company had revenues up 2% to $2.88 billion when excluding the Dickies brand and that came ahead of guidance that had anticipated a modest decline. Relative to analyst estimates, the company’s revenue figure was $117 million ahead of consensus estimates with of $0.56 surpassing analyst expectations by 11 cents . Seeking Alpha When looking at what drove results this quarter, the strength was pretty broad based as more than 75% of the business grew on a revenue basis. DTC returned to growth rising 3% globally on strong U.S. digital performance, while the North America region posted a 6% increase across both DTC and wholesale. With management calling that out as the strongest it’s been in over three years, it’s clear that the business remains has started to find its footing. By brand, The North Face grew 5% with gains in performan...