A view of the vessels passing through Strait of Hormuz following the two-week temporary ceasefire reached between the United States and Iran, seen in Oman on April 8, 2026. | Shady Alassar/Anadolu via Getty Images Farmers are very busy in the spring, under pressure to get crops into the ground just as the Northern Hemisphere begins to thaw. But this year has been different for many, thanks in larg...
A view of the vessels passing through Strait of Hormuz following the two-week temporary ceasefire reached between the United States and Iran, seen in Oman on April 8, 2026. | Shady Alassar/Anadolu via Getty Images Farmers are very busy in the spring, under pressure to get crops into the ground just as the Northern Hemisphere begins to thaw. But this year has been different for many, thanks in large part to the escalating war in Iran and the closure of the Strait of Hormuz. The Strait of Hormuz is a narrow channel, approximately 30 miles wide at its tightest point, between the Omani Musandam Peninsula and Iran. Roughly half of fertilizer feedstock exports - the various raw materials used to make fertilizer like urea, ammonia, sulfur, hydrogen, natural gas, and nitrogen - come through the Strait. And about roughly half of the world's food production re … Read the full story at The Verge.
Gunfire Strikes Sam Altman's San Francisco Home Days After Molotov Cocktail Attack Just two days after a Molotov cocktail was hurled at OpenAI CEO Sam Altman's Russian Hill residence in San Francisco, another violent episode unfolded at the same address. Early Sunday morning, April 12, 2026, San Francisco police responded to reports of possible shots fired near Altman's home . OpenAI CEO Sam Altma...
Gunfire Strikes Sam Altman's San Francisco Home Days After Molotov Cocktail Attack Just two days after a Molotov cocktail was hurled at OpenAI CEO Sam Altman's Russian Hill residence in San Francisco, another violent episode unfolded at the same address. Early Sunday morning, April 12, 2026, San Francisco police responded to reports of possible shots fired near Altman's home . OpenAI CEO Sam Altman’s home, as seen from Chestnut Street, was the target of an incendiary device Friday morning. On Sunday, two people were detained after possible shots were fired near the home. Lea Suzuki/S.F. Chronicle Around 3 a.m. on Sunday, April 12, officers responded to a report of possible gunfire in the 2000 block of the Russian Hill neighborhood. Surveillance footage and security reports indicated a Honda sedan drove past Altman's property; the passenger extended an arm from the window and fired one round toward the Lombard Street side of the residence . The vehicle fled, but its license plate was captured. Investigators linked the car to Amanda Tom, 25 (the driver and registered owner), and Muhamad Tarik Hussein, 23 (the passenger). Both were arrested without incident on nearby Taylor Street. A search warrant executed at a residence yielded three firearms . The pair was booked into San Francisco County Jail on suspicion of negligent discharge of a firearm. No injuries were reported, and no one was inside the targeted area at the time of the shot. SFPD has not publicly confirmed whether the shooting specifically targeted Altman or his home, describing it as an "apparent shooting near" the residence. Police Chief Derrick Lew emphasized the department's zero-tolerance stance: “The SFPD takes crimes involving guns extremely seriously and anyone committing acts like these will be arrested and prosecuted to the fullest extent of the law.” Investigators pinpointed the owner of the car, identified as Amanda Tom, 25. She and Muhamad Tarik Hussein, 23, were arrested not far away , on Taylo...
ShengShu Technology, a global leader in multimodal generative AI, today announced the global launch of Vidu Q3 Reference-to-Video, a new model capability designed for story-driven video creation through flexible reference-based generation.
ShengShu Technology, a global leader in multimodal generative AI, today announced the global launch of Vidu Q3 Reference-to-Video, a new model capability designed for story-driven video creation through flexible reference-based generation.
Pearson (FTSE: PSON.L), the world's lifelong learning company, and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the launch of new global research revealing the misalignments between higher education and employers that are slowing progress in building an AI-ready workforce.
Pearson (FTSE: PSON.L), the world's lifelong learning company, and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced the launch of new global research revealing the misalignments between higher education and employers that are slowing progress in building an AI-ready workforce.
Taiwan Semiconductor Manufacturing Co. tops estimates on AI chip demand; revenues jump 35%. Pricing power boosts margins, ETFs with TSM exposure in focus.
Taiwan Semiconductor Manufacturing Co. tops estimates on AI chip demand; revenues jump 35%. Pricing power boosts margins, ETFs with TSM exposure in focus.
Oat_Phawat/iStock via Getty Images Investment Thesis Volatility in the market during Q1 2026 doesn't change my forecast that the gold price rally will continue to $6,000 per ounce. That said, it's not all gold miners who are benefiting equally from the rising trend in terms of market capitalization growth. Canadian company B2Gold ( BTG ) is one of the most controversial assets among gold stocks, w...
Oat_Phawat/iStock via Getty Images Investment Thesis Volatility in the market during Q1 2026 doesn't change my forecast that the gold price rally will continue to $6,000 per ounce. That said, it's not all gold miners who are benefiting equally from the rising trend in terms of market capitalization growth. Canadian company B2Gold ( BTG ) is one of the most controversial assets among gold stocks, with record revenue of $3.06 billion being accompanied by an abnormal rise in AISC to $2,400-$2,580. Most market participants are focusing on negative factors, such as Mali's new mining code, that reduce the company's ownership stake in the Fekola mine. Still, the fundamental analysis, with an assessment of key multiples relative to other gold miners, suggests a 22% discount. Even though the mine in Mali remains the main risk, the growth in production at the Goose mine and the expansion of gold ore reserves set the stage for the company's future surge in 2026-2027. Previous Theses The thesis I presented in my previous article on BTG focused on the resumption of growth in the company's market value following a brief period of downward correction, partly caused by changes in the operating environment in Mali. From that point on, its share price has risen by 8.11%, compared to a 9.52% increase in the spot price of gold ( XAUUSD:CUR ). In one way, it shows that the correlation between the two assets has improved, as BTG was previously lagging behind gold price gains by nearly 30%. On the other hand, taking into account that mid-cap gold mining companies have a beta of 2.1x to 2.3x relative to gold price volatility, the results are still unsatisfactory. Price Return BTG's Production, New Mines, and the Mali Factor By the end of 2025, BTG had produced a total of 979,600 ounces of gold, up 22% from 2024 and still below the average annual production for the 2020-2023 period. Even though this is a Canadian company, they're mining gold across four continents. For one thing, that shows...
Stryker ( SYK ) is acquiring privately held Amplitude Vascular Systems, the maker of the Pulse IVL system that uses intravascular lithotripsy to treat calcified peripheral arterial disease. Financial terms were not disclosed. Stryker said that the transaction will boost its peripheral vascular business by adding revascularization technology. "AVS' technology is designed to use pulsed CO₂-generated...
Stryker ( SYK ) is acquiring privately held Amplitude Vascular Systems, the maker of the Pulse IVL system that uses intravascular lithotripsy to treat calcified peripheral arterial disease. Financial terms were not disclosed. Stryker said that the transaction will boost its peripheral vascular business by adding revascularization technology. "AVS' technology is designed to use pulsed CO₂-generated pressure waves uniformly delivered through an IVL balloon catheter to fracture calcium and optimize luminal gain," Stryker noted in a news release. "The platform is designed to enhance catheter deliverability, treatment speed, and therapy efficiency." More on Stryker Stryker: Struck By Cyber Concerns Stryker Corporation (SYK) Q4 2025 Earnings Call Transcript Stryker confident of 2026 outlook despite Q1 impact from cyberattack Most and least shorted mid-to mega-cap healthcare stocks in March Seeking Alpha’s Quant Rating on Stryker
Allexxandar/iStock via Getty Images BTG Still Looks Like A Buy I wrote about B2Gold Corp. ( BTG ) in November 2025 , and while the stock is up by over 26% - at the backdrop of close to 0% returns from the S&P 500 ( SP500 ) - the price action has been horrible since March 2026 (basically since the point when the U.S.-Iran conflict started to escalate). Higher oil prices are damaging gold prices ( X...
Allexxandar/iStock via Getty Images BTG Still Looks Like A Buy I wrote about B2Gold Corp. ( BTG ) in November 2025 , and while the stock is up by over 26% - at the backdrop of close to 0% returns from the S&P 500 ( SP500 ) - the price action has been horrible since March 2026 (basically since the point when the U.S.-Iran conflict started to escalate). Higher oil prices are damaging gold prices ( XAUUSD:CUR ) because higher oil prices ( CO1:COM ) drive up inflation expectations. With higher inflation acceleration odds, investors are fearing another tightening cycle from the Fed (and other central banks around the globe), and since gold is a non-FCF generating asset by nature, holding plain gold can't offset the depreciating purchasing power. With the lower-priced underlying asset, BTG and most of its gold mining peers have sold off quickly, and while we see some recovery attempts lately - BTG is up 32%+ over the past 2 weeks - the stock price is still 20.6% off its ATH: Data by YCharts I believe BTG looks like a solid Buy because, instead of the asset that it mines, the gold itself, the company is going to generate sufficient free cash flows to offset the rising inflation if it comes back in. By the end of 1H 2026, the restrictive prepay agreement is set to end, and I expect the second half of this year to unlock a lot of incremental FCFs for BTG. Plus, once the circuit modifications are finished in H2 2026, BTG is set to average over 300,000 ounces of gold per year from 2027 through 2031 at its Goose mine, so it's not a 1-year FCF growth story. Following the sell-off we've seen since March, I believe the stock's valuation has already reset to a reasonable level. I rate BTG as a Buy on its dip. Why Do I Think So? What I didn't mention above as a risk-off reason for BTG is its below-consensus earnings print for Q4 - the company missed estimates by almost 40% on the bottom line. Plus, we saw a top-line miss of 4.4%, per Seeking Alpha , so it also added some market pres...
Yesway Inc. is seeking to raise as much as $321 million in its initial public offering, joining a flurry of deals looking to finish despite the conflict in Iran. The convenience store and gas station operator focused on rural communities in the Midwest and the Southwest is selling nearly 14 million shares for $20 to $23 each, according to a filing Monday with the US Securities and Exchange Commiss...
Yesway Inc. is seeking to raise as much as $321 million in its initial public offering, joining a flurry of deals looking to finish despite the conflict in Iran. The convenience store and gas station operator focused on rural communities in the Midwest and the Southwest is selling nearly 14 million shares for $20 to $23 each, according to a filing Monday with the US Securities and Exchange Commission. At the top of the price range, the company would have a market value of about $1.4 billion, the filing shows. The Fort Worth, Texas-based company’s parent, BW Ultimate Parent LLC, had net income of $54 million on revenues of $2.7 billion for the full year 2025, compared with net income of $24 million on revenues of $2.5 billion a year earlier, according to a filing. The start of formal marketing comes as oil prices rise because of the war in Iran. Fuel prices have already increased substantially, and there is no way to guarantee that they won’t keep rising, hurting Yesway’s customers, the filing shows. Backed by Boston-based private equity firm Brookwood Financial Partners , Yesway had previously filed in 2021 for an IPO before withdrawing plans the following year after the IPO market effectively closed as interest rates rose. For the latest news on equity capital markets activity in the US, Canada and Latin America, follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . In 2019, it acquired convenience store chain Allsup’s, which is known for its burritos. Terms of the deal weren’t disclosed. The offering is being led by Morgan Stanley , JPMorgan Chase & Co. , and Goldman Sachs Group Inc. The company expects its shares to trade on the Nasdaq Stock Market under the symbol YSWY.
The stock market is now too big to fail, Bank of America’s Michael Hartnett reckons. So no rate increases before the midterms and a Sino-American detente in May
The stock market is now too big to fail, Bank of America’s Michael Hartnett reckons. So no rate increases before the midterms and a Sino-American detente in May
Alpha Modus ( AMOD ) is converting 90% of its remaining Series C preferred stock (held by the CEO’s family trusts) into common equity to simplify its capital structure. The move eliminates most preferred stock overhang and aligns insider ownership with common shareholders. The CEO’s family will give up all preferred protections, including liquidation preferences and price-based conversion terms. S...
Alpha Modus ( AMOD ) is converting 90% of its remaining Series C preferred stock (held by the CEO’s family trusts) into common equity to simplify its capital structure. The move eliminates most preferred stock overhang and aligns insider ownership with common shareholders. The CEO’s family will give up all preferred protections, including liquidation preferences and price-based conversion terms. Shares issued in the exchange are locked up until June 13, 2026. Over $71M in convertible preferred stock will be removed from the balance sheet after this and prior actions. Only ~430,000 preferred shares held by the chief strategy officer will remain outstanding. Alpha Modus has 45 days to submit a compliance plan to Nasdaq and up to 180 days to regain compliance if approved. More on Alpha Modus Holdings, Inc. Alpha Modus rises on reaching settlement in AI retail tech patent case Seeking Alpha’s Quant Rating on Alpha Modus Holdings, Inc. Historical earnings data for Alpha Modus Holdings, Inc. Financial information for Alpha Modus Holdings, Inc.
Ferguson Enterprises Inc. ( FERG ) declares $0.89/share quarterly dividend , in line with previous. Forward yield 1.39% Payable April 30; for shareholders of record March 6; ex-div March 6. See FERG Dividend Scorecard, Yield Chart, & Dividend Growth. More on Ferguson Enterprises Inc. Ferguson Enterprises Inc. (FERG) Q4 2025 Earnings Call Transcript Ferguson Enterprises Inc. 2025 Q4 - Results - Ear...
Ferguson Enterprises Inc. ( FERG ) declares $0.89/share quarterly dividend , in line with previous. Forward yield 1.39% Payable April 30; for shareholders of record March 6; ex-div March 6. See FERG Dividend Scorecard, Yield Chart, & Dividend Growth. More on Ferguson Enterprises Inc. Ferguson Enterprises Inc. (FERG) Q4 2025 Earnings Call Transcript Ferguson Enterprises Inc. 2025 Q4 - Results - Earnings Call Presentation Ferguson: Capitalizing On The Infrastructure Supercycle While We Wait For Housing Ferguson targets $40B revenue milestone and 10%+ margin as market outperformance continues Ferguson Enterprises slips on soft residential outlook, muted 2026 guidance
The U.S. dollar rose on Monday after talks between Washington and Tehran over the weekend failed to yield an agreement to end the war. The greenback rose 0.3% against the Euro to $1.169 and 0.25% against sterling to $1.342 after peace talks broke down and President Trump said the U.S. military would begin a blockade of all maritime traffic entering and exiting Iranian ports. While investors haven'...
The U.S. dollar rose on Monday after talks between Washington and Tehran over the weekend failed to yield an agreement to end the war. The greenback rose 0.3% against the Euro to $1.169 and 0.25% against sterling to $1.342 after peace talks broke down and President Trump said the U.S. military would begin a blockade of all maritime traffic entering and exiting Iranian ports. While investors haven't piled into the dollar since the start of the Iran conflict, the currency was up by around 2% against a basket of major peers in March. Three developments – higher oil prices, a stronger dollar, and stricter US financial conditions – have been headwinds for other currencies. Analysts at HSBC wrote in a note on Friday that "embracing a stronger USD into our forecasts is tempting", but were "reluctant" to do so and expect the greenback to soften instead — for two key reasons. First, quoting Fed chair Jerome Powell's recent speech, HSBC wrote: "When there is a lack of visibility, it is prudent to slow down rather than fully change direction." "Second, since the Fed is not in a hiking cycle nor has turned outright hawkish, there are underlying constraints working against the broad USD," the analysts added. The U.S. dollar's strength against other currencies seen during the war is largely attributed to the country's self-sufficiency in energy production. The U.K. and Eurozone economies are particularly sensitive to higher oil and gas prices, owing to the bloc's significant reliance on imports. Meanwhile, other traditional havens such as gold have held up less well, falling around 10% from all-time highs since the U.S. and Israel began striking Iran on February 28. HSBC analysts believe the yellow metal's bull run will return, but only when hostilities cease, the Strait of Hormuz reopens fully, and oil prices come down to a more reasonable and consistent level.