Fintel reports that on April 13, 2026, Evercore ISI Group upgraded their outlook for Masco (NYSE:MAS) from In-Line to Outperform. Analyst Price Forecast Suggests 27.86% Upside
Fintel reports that on April 13, 2026, Evercore ISI Group upgraded their outlook for Masco (NYSE:MAS) from In-Line to Outperform. Analyst Price Forecast Suggests 27.86% Upside
Fintel reports that on April 13, 2026, Evercore ISI Group initiated coverage of nVent Electric (NYSE:NVT) with a Outperform recommendation. Analyst Price Forecast Suggests 1.58% Upside
Fintel reports that on April 13, 2026, Evercore ISI Group initiated coverage of nVent Electric (NYSE:NVT) with a Outperform recommendation. Analyst Price Forecast Suggests 1.58% Upside
Buildings in Medellin, Colombia, on Wednesday, July 16, 2025. Colombian economic activity likely fell 2.2% year on year in May, though manufacturing and construction rose 1.4% in April from the prior month after falling in March and February. Photographer: Esteban Vanegas/Bloomberg
Buildings in Medellin, Colombia, on Wednesday, July 16, 2025. Colombian economic activity likely fell 2.2% year on year in May, though manufacturing and construction rose 1.4% in April from the prior month after falling in March and February. Photographer: Esteban Vanegas/Bloomberg
peshkov/iStock via Getty Images Over the weekend, ceasefire talks fell apart, and the Strait of Hormuz started facing a blockade this morning. Despite these negative catalysts leading to a negative tone at Monday's open, equities rallied throughout the session, with the S&P 500 finishing up over 1%. That return to green candles also meant the S&P 500 has now rallied in eight of the last nine sessi...
peshkov/iStock via Getty Images Over the weekend, ceasefire talks fell apart, and the Strait of Hormuz started facing a blockade this morning. Despite these negative catalysts leading to a negative tone at Monday's open, equities rallied throughout the session, with the S&P 500 finishing up over 1%. That return to green candles also meant the S&P 500 has now rallied in eight of the last nine sessions. In fact, Friday was the only down day recently, and that snapped a seven-day winning streak. As shown below, that was the longest streak of consecutive up days since another seven days last October. Going back to 2000, that was the 29th example of a winning streak of 7 days or more, with the longest going for nine days last May. Again, winning streaks lasting at least 7 days have been somewhat uncommon. Filtering out those streaks to only look at those without another one in the prior six months, as was the case recently, there have been 48 instances since the start of the five-day trading week in 1953. As shown below, from the close of the first down day that ended those winning streaks, the S&P 500's average performance has been modestly stronger than the norm and consistently positive in the weeks and months ahead. The broad index isn't alone in stringing together a number of up days in a row. Of all S&P 500 members, seven are currently on even longer winning streaks of at least nine trading days, with one stock, State Street (STT), now on a ten-day winning streak. In the charts below, we show how those streaks stack up versus their respective histories. None of these winning streaks has gone on long enough to be records, although STT and Microchip ( MCHP ) are each only one day away. We would note that most of these stocks, other than STT, are in the tech sector or adjacent to it. Regarding Intel ( INTC ), its winning streak is one of many that have lasted 9 days throughout its history, but as we discussed in an earlier post , there hasn't been a time since 1984 th...
Hong Kong And The Quiet Rewiring Of The Dollar System Authored by Peter C. Earle, Ph.D, Hong Kong’s decision to move forward with its first stablecoin issuer licenses may prove to be about far more than digital payments . With HSBC and a Standard Chartered-led venture among the first approved issuers under the Hong Kong Monetary Authority’s new framework, the city is placing major regulated banks ...
Hong Kong And The Quiet Rewiring Of The Dollar System Authored by Peter C. Earle, Ph.D, Hong Kong’s decision to move forward with its first stablecoin issuer licenses may prove to be about far more than digital payments . With HSBC and a Standard Chartered-led venture among the first approved issuers under the Hong Kong Monetary Authority’s new framework, the city is placing major regulated banks at the center of the next phase of monetary technology. Stablecoins remain overwhelmingly USD- and US Treasury-denominated, with more than 90 percent of the market’s roughly $300 billion capitalization tied to the US Treasury by one or the other, but the more important long-term story may be Asia’s role in transforming stablecoins from simple crypto settlement tools into the foundation of a real-time, on-chain foreign exchange and collateral ecosystem. In monetary terms, this is one more step in the migration of fiat liabilities from legacy banking rails onto programmable bearer-like instruments, a development with potentially profound implications for currency competition, reserve demand, and the future topology of the international monetary order. The immediate effect of Hong Kong dollar stablecoins is easy to see: faster, cheaper, and programmable movement of HKD liquidity across exchanges, wallets, and cross-border commercial networks. The more consequential implication is that Asia may become the proving ground for blockchain-native FX and eurocurrency-style offshore liquidity markets, but in tokenized form. The region already hosts the world’s densest trade, remittance, and supply chain corridors, making it the natural venue for the next generation of synthetic money markets. Once local currency stablecoins begin operating under credible legal frameworks - HKD today, possibly Singapore dollars, offshore yuan proxies, and other regional currencies tomorrow - firms could increasingly swap tokenized fiat claims instantly on shared rails instead of relying on corresponden...
Remitly’s 13% return over the past six months has outpaced the S&P 500 by 10.4%, and its stock price has climbed to $16.78 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Remitly’s 13% return over the past six months has outpaced the S&P 500 by 10.4%, and its stock price has climbed to $16.78 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Daniel Moreno-Gama is now facing federal charges after allegedly traveling from Texas to California with the intent to kill OpenAI CEO Sam Altman. On April 10th, he was arrested after throwing a Molotov cocktail at OpenAI CEO Sam Altman's home and attempting to break into OpenAI's headquarters. According to prosecutors, at the HQ, "Moreno-Gama attempted to break the glass doors of the building wit...
Daniel Moreno-Gama is now facing federal charges after allegedly traveling from Texas to California with the intent to kill OpenAI CEO Sam Altman. On April 10th, he was arrested after throwing a Molotov cocktail at OpenAI CEO Sam Altman's home and attempting to break into OpenAI's headquarters. According to prosecutors, at the HQ, "Moreno-Gama attempted to break the glass doors of the building with a chair and stated that he had come to burn down the location and kill anyone inside." His charges include "attempted damage and destruction of property by means of explosives and possession of an unregistered firearm," according to the Departmen … Read the full story at The Verge.
Japan’s effort to shield itself from President Donald Trump’s tariffs is facing a new backlash, with environmental groups warning that US projects tied to Tokyo’s investment pledge could generate greenhouse gases equal to around 20 per cent of Japan’s annual emissions. The Japanese government agreed to invest 5.7 trillion yen (US$35.6 billion) in the three projects as part of the first round of sp...
Japan’s effort to shield itself from President Donald Trump’s tariffs is facing a new backlash, with environmental groups warning that US projects tied to Tokyo’s investment pledge could generate greenhouse gases equal to around 20 per cent of Japan’s annual emissions. The Japanese government agreed to invest 5.7 trillion yen (US$35.6 billion) in the three projects as part of the first round of spending on US infrastructure in return for Trump’s tariffs being suspended. In total, the bilateral...
Asia’s technology industry is bracing for longer and deeper disruptions from the Middle East turmoil as analysts warn that prolonged hostilities could throttle semiconductor production and the buildout of artificial intelligence data centres. The Strait of Hormuz, which carries about a quarter of global seaborne crude oil trade and 20 per cent of liquefied natural gas (LNG) shipments, remained eff...
Asia’s technology industry is bracing for longer and deeper disruptions from the Middle East turmoil as analysts warn that prolonged hostilities could throttle semiconductor production and the buildout of artificial intelligence data centres. The Strait of Hormuz, which carries about a quarter of global seaborne crude oil trade and 20 per cent of liquefied natural gas (LNG) shipments, remained effectively closed after US President Donald Trump said he would block the channel following the...