Dominique Toublan, head of US credit strategy Barclays, and Natalie Trevithick, managing director and head of investment grade corporates at Payden & Rygel, join Katie Greifeld on "Bloomberg Real Yield ." (Source: Bloomberg)
Dominique Toublan, head of US credit strategy Barclays, and Natalie Trevithick, managing director and head of investment grade corporates at Payden & Rygel, join Katie Greifeld on "Bloomberg Real Yield ." (Source: Bloomberg)
Torsten Asmus/iStock via Getty Images Shares of Miami International Holdings ( MIAX ) have been an impressive performer since their IPO last summer, jumping more than 50%. The company has been perfectly positioned to benefit from the secular rise in options trading, and as it has gained scale, margins have improved meaningfully. That said, shares have pulled back about 15% from their highs in rece...
Torsten Asmus/iStock via Getty Images Shares of Miami International Holdings ( MIAX ) have been an impressive performer since their IPO last summer, jumping more than 50%. The company has been perfectly positioned to benefit from the secular rise in options trading, and as it has gained scale, margins have improved meaningfully. That said, shares have pulled back about 15% from their highs in recent weeks, suggesting valuation may have caught up with fundamentals. I last covered shares in March , when I upgraded MIAX to a “ B uy,” and this call has played out nicely with shares up 25% since then. With MIAX near my $46 price target and momentum having slowed, now is a good time to revisit shares to determine if a “ B uy” is still merited. Seeking Alpha Miami International is a leading exchange company focused on options trading. Beyond this, it has a futures business and a modest equity platform. The company has also been adding international exposure, though it overwhelmingly focuses on U.S.-listed securities. In addition to online exchanges, it also opened a physical trading floor in Miami last year, which has become a key financial hub as Citadel has relocated resources to the area. Citadel is one of MIAX’s key customers, given its significant volume and market-making operation, providing a natural benefit to having a physical location in the city. Miami International In the company’s first quarter , Miami International earned $0.42 per share, which was $0.05 better than expected as revenue surged 40% to $129 million. MIAX is benefitting from being at the epicenter of the options trading boom while also increasing its own market share. Importantly, as the business grows and scales into its infrastructure, we are seeing impressive operating leverage. EBITDA surged 66% to $66 million, and margins were up to 51%, as operating expenses were up a relatively modest 20% to $63 million. Looking first at options, industrywide options volume grew 17% in Q1 relative to last ...
A new lawsuit accuses a senior official at Shield AI of “profane, egregious acts” of sexual harassment and alleges fraud and safety issues involving other workers at the defense tech startup. Jacob Miller said in his lawsuit that he was placed on “retaliatory administrative leave” in December from his job at the firm. Miller alleges that Trey Lindsey, senior director of customer operations, made s...
A new lawsuit accuses a senior official at Shield AI of “profane, egregious acts” of sexual harassment and alleges fraud and safety issues involving other workers at the defense tech startup. Jacob Miller said in his lawsuit that he was placed on “retaliatory administrative leave” in December from his job at the firm. Miller alleges that Trey Lindsey, senior director of customer operations, made sexually explicit and threatening comments about Miller and other staff members and described a gay employee and his husband in offensive terms. In one instance, during the summer of 2024, Lindsey showed Miller a picture of his genitalia laying atop a commemorative plate of former President Barack Obama, according to the complaint. In addition, Miller said he flagged safety issues and fraud allegations to the company that weren’t adequately addressed. Miller said in the lawsuit, filed against Shield AI and Lindsey in federal court in Texas on Thursday, that he had been working as a senior staff technical product development manager at Shield AI. Lindsey didn’t respond to emails seeking comment. San Diego-based Shield AI, which investors recently valued at $12.7 billion for its work manufacturing autonomous military aircraft and software, declined to comment. Miller left the firm about a month ago, according to his attorneys. Shield AI makes autonomous vertical drones and AI software to pilot them. Since brothers Brandon and Ryan Tseng co-founded the company in 2015 it’s attracted more than $3 billion from top investors betting the Pentagon would swiftly adopt new technology from Silicon valley along with traditional systems. Shield AI expects more than $540 million in revenue this year and has set a goal to reach $1 billion in revenue by March 2028, Fortune reported in March. Miller, a Texas resident, alleges that the company ignored him when he raised concerns about safety and potential fraud. For instance, he said he was part of the Mishap Review Board, which oversees inve...
Avidia Bancorp, Inc. press release ( AVBC ): Q1 Revenue of $28.3M. More on Avidia Bancorp, Inc. Dividend scorecard for Avidia Bancorp, Inc. Financial information for Avidia Bancorp, Inc.
Avidia Bancorp, Inc. press release ( AVBC ): Q1 Revenue of $28.3M. More on Avidia Bancorp, Inc. Dividend scorecard for Avidia Bancorp, Inc. Financial information for Avidia Bancorp, Inc.
Coelacanth Energy Inc．公布了截至2026年3月31日的第一季度财务业绩。这家总部位于卡尔加里的石油和天然气公司在产量大幅增长的推动下，交出了一份亮眼的季度成绩单。 财报显示，公司第一季度油气销售收入为2216万加元，较去年同期的267万加元增长731%，折合每桶油当量平均实现价格为38.44加元。调整后资金流达到1032万加元，折合每股0.02美元。从持续经营业务来看，GAA...
At $108.73, ServiceNow (NYSE:NOW) is a Buy, with a 12-month price target of $145. A valuation reset has repriced one of enterprise software’s most durable franchises, and the price now matches the fundamentals. ServiceNow runs the cloud workflow platform large enterprises use to automate IT, HR, security, and customer operations. Under CEO Bill McDermott, the ... Buy, Hold, or Sell: Is This Cloud ...
At $108.73, ServiceNow (NYSE:NOW) is a Buy, with a 12-month price target of $145. A valuation reset has repriced one of enterprise software’s most durable franchises, and the price now matches the fundamentals. ServiceNow runs the cloud workflow platform large enterprises use to automate IT, HR, security, and customer operations. Under CEO Bill McDermott, the ... Buy, Hold, or Sell: Is This Cloud Automation Juggernaut a Steal Following Its Massive Valuation Reset?
An exchange-traded fund focused on riskier S&P 500 stocks is riding its best seven-day stretch in a year. The Invesco S&P 500 High Beta ETF, which offers exposure to some of the most volatile stocks in the S&P 500, is up another 1%.
An exchange-traded fund focused on riskier S&P 500 stocks is riding its best seven-day stretch in a year. The Invesco S&P 500 High Beta ETF, which offers exposure to some of the most volatile stocks in the S&P 500, is up another 1%.
鄧炳強：追究消防責任證據為本 料不會出現互卸 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】政府因應宏福苑大火計劃修訂《消防條例》，包括引入消防裝置責任人制度。保安局局長鄧炳強稱追究責任會以證據為本，相信不會出現...
鄧炳強：追究消防責任證據為本 料不會出現互卸 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】政府因應宏福苑大火計劃修訂《消防條例》，包括引入消防裝置責任人制度。保安局局長鄧炳強稱追究責任會以證據為本，相信不會出現爭拗或互相推卸。 保安局局長鄧炳強：「舉例真的是管理公司沒有做消防裝置年檢，這個似乎是管理公司責任。如果業主立案法團不批出款項做改善工程，那麼責任可能在業主。所以我們要看證據證明哪一方面有沒有責任。」
TXO Energy Partners press release ( TXO ): Q1 GAAP EPS of -$0.43. Revenue of $401M. More on TXO Energy Partners TXO Partners: Dividend Increase Is Nice, But You May Still Lose In The End Top 10 small-cap energy stocks ranked by dividend yield TXO Partners JV to sell $20M in oil and gas properties Seeking Alpha’s Quant Rating on TXO Energy Partners Historical earnings data for TXO Energy Partners
TXO Energy Partners press release ( TXO ): Q1 GAAP EPS of -$0.43. Revenue of $401M. More on TXO Energy Partners TXO Partners: Dividend Increase Is Nice, But You May Still Lose In The End Top 10 small-cap energy stocks ranked by dividend yield TXO Partners JV to sell $20M in oil and gas properties Seeking Alpha’s Quant Rating on TXO Energy Partners Historical earnings data for TXO Energy Partners
Trump Refiles Lawsuit Over Wall Street Journal Article Linking Him To Epstein Letter Authored by Jackson Richman via The Epoch Times, President Donald Trump has refiled his $10 billion defamation lawsuit against Dow Jones & Company, publisher of The Wall Street Journal, over an article that alleged he signed a birthday letter sent to convicted sex offender Jeffrey Epstein. Trump’s legal team submi...
Trump Refiles Lawsuit Over Wall Street Journal Article Linking Him To Epstein Letter Authored by Jackson Richman via The Epoch Times, President Donald Trump has refiled his $10 billion defamation lawsuit against Dow Jones & Company, publisher of The Wall Street Journal, over an article that alleged he signed a birthday letter sent to convicted sex offender Jeffrey Epstein. Trump’s legal team submitted the revised complaint exactly on the May 27 deadline set by U.S. District Judge Darrin Gayles. In April, Gayles dismissed the original lawsuit, ruling that Trump had failed to show that The Wall Street Journal acted with “actual malice,” the legal standard required in defamation cases involving public figures. The updated complaint, which is seven pages longer than the original filing, again argues that Trump suffered significant financial and reputational damage from what his attorneys describe as a “false, defamatory, and malicious” article. Trump has repeatedly denied authoring the 2003 letter. In the new filing, Trump’s attorneys argue that only two surviving individuals could confirm whether the letter existed. According to the complaint, Trump “vehemently denied” writing it, while Epstein associate Ghislaine Maxwell allegedly told federal officials she had no knowledge of the document. The complaint further accuses reporters Khadeeja Safdar and Joe Palazzolo, along with Dow Jones and News Corp., of either knowingly publishing false information or intentionally avoiding evidence that contradicted the story. The original Wall Street Journal report said that Trump denied both writing the letter and drawing the image. However, Trump’s legal team states “the Defendants falsely, maliciously, and defamatorily state as fact that regardless of how the alleged letter was prepared, it nonetheless contains President Trump’s authentic signature.” Responding to requests for comment, publisher Dow Jones declined to discuss the refiled lawsuit but reiterated a previous statement...
China’s Minister of Foreign Affairs Wang Yi said on Friday that Canada could surpass its goal of increasing exports to China by 50 per cent by 2030 during a meeting with Canada’s Foreign Minister Anita Anand. Wang said he thought Canada’s exports to China could increase by 100 per cent, building on momentum between the countries. “Canada is focused on growing our economy and diversifying our trad...
China’s Minister of Foreign Affairs Wang Yi said on Friday that Canada could surpass its goal of increasing exports to China by 50 per cent by 2030 during a meeting with Canada’s Foreign Minister Anita Anand. Wang said he thought Canada’s exports to China could increase by 100 per cent, building on momentum between the countries. “Canada is focused on growing our economy and diversifying our trading relationships,” Anand said during the meeting. “The Canada-China economic relationship is significant,” she said. Advertisement Wang is on a three-day visit to Canada, the first visit by a Chinese foreign minister in a decade and the latest step to improve ties. On Friday afternoon, he shook hands with Prime Minister Mark Carney ahead of a private meeting. WATCH: Chinese President Xi Jinping meets with Canadian PM Mark Carney Canada and China struck an initial trade deal in January to slash tariffs on electric vehicles and canola, when Carney became the first Canadian prime minister to visit China since 2017.