Retired General Frank McKenzie join Balance of Power stating the US will be able to claim a significant victory in the war with Iran if all the conditions outlined by the US are met, though Tehran will try draw out negotiations and change the terms. The US and Iran said they are prepared to hold talks to end the war in the Middle East during a proposed two-week pause in hostilities, even as Israel...
Retired General Frank McKenzie join Balance of Power stating the US will be able to claim a significant victory in the war with Iran if all the conditions outlined by the US are met, though Tehran will try draw out negotiations and change the terms. The US and Iran said they are prepared to hold talks to end the war in the Middle East during a proposed two-week pause in hostilities, even as Israeli strikes on Lebanon threatened to derail the fragile truce. Further adding uncertainty, sporadic fighting continued throughout the region and the Strait of Hormuz remained largely blocked. President Donald Trump has said that reopening the strait was a condition for halting the fighting. (Source: Bloomberg)
Emir Balat and Ibrahim Kayumi were arrested 7 March with alleged homemade devices at Gracie Mansion in New York Sign up for the Breaking News US email to get newsletter alerts in your inbox Two teen alleged Islamic State supporters accused of trying to detonate explosive devices during a protest outside the New York City mayor Zohran Mamdani ’s home freely discussed how many people they might kill...
Emir Balat and Ibrahim Kayumi were arrested 7 March with alleged homemade devices at Gracie Mansion in New York Sign up for the Breaking News US email to get newsletter alerts in your inbox Two teen alleged Islamic State supporters accused of trying to detonate explosive devices during a protest outside the New York City mayor Zohran Mamdani ’s home freely discussed how many people they might kill, with one remarking: “I want to start terror, bro”, according to an indictment unsealed on 7 April. The teenagers, Emir Balat and Ibrahim Kayumi , were arrested on 7 March for allegedly igniting two improvised explosive devices during an anti-Islam protest outside Gracie Mansion. Authorities claim that Balat, 18, lit one device and threw it in the direction of the protesters. Continue reading...
Navitas Semiconductor (NASDAQ: NVTS) is making a big bet on AI power demand, but investors still need to see whether the turnaround is real. I break down the opportunity, valuation, and risks that could determine where this stock goes next.
Navitas Semiconductor (NASDAQ: NVTS) is making a big bet on AI power demand, but investors still need to see whether the turnaround is real. I break down the opportunity, valuation, and risks that could determine where this stock goes next.
Few stocks capture the imagination of investors the way Nvidia (NVDA) does. The numbers alone are impressive: up more than 1,200% since October 2022, now the largest component in the S & P 500, and the only stock with a market capitalization above $4 trillion. To put that in perspective, Nvidia is worth nearly as much as Broadcom , Meta Platforms , and Tesla combined. Yet, even after this historic...
Few stocks capture the imagination of investors the way Nvidia (NVDA) does. The numbers alone are impressive: up more than 1,200% since October 2022, now the largest component in the S & P 500, and the only stock with a market capitalization above $4 trillion. To put that in perspective, Nvidia is worth nearly as much as Broadcom , Meta Platforms , and Tesla combined. Yet, even after this historic run, Nvidia trades at a forward price-to-earnings ratio of roughly 22, shockingly reasonable given that it's leading the largest technological transformation in decades — the artificial intelligence revolution — while still growing earnings per share by 60%. Investors love Nvidia for the same reason tech companies depend on it: The company's chips are at the heart of the AI boom. Its graphics processing units, or GPUs — particularly the advanced Blackwell architecture and upcoming Rubin processors — deliver unmatched performance in training neural networks and powering large language models. That dominance has created a near-impenetrable moat. Today, Nvidia controls 85% of the market for AI accelerators, the chips that handle the specific demands of machine learning. Cloud titans are spending tens of billions on Nvidia hardware to fuel their data centers. Competing products from AMD and Intel exist, but none threaten Nvidia's leadership in the space. Yet, for all its strength and scale, the most intriguing opportunity in Nvidia right now may not be its stock — it's the option market. Shares are about 14% below the all-time high of $212.19 posted in October but for traders who think Nvidia is going to make a run to new highs, bullish exposure through call options is as cheap as it's been for more than four years. NVDA CallDex tracks the relative cost of 30-day out-of-the-money call options. NVDA CallDex has recently collapsed to just 55, marking its lowest reading since the end of 2021. By comparison, NVDA CallDex topped 200 in March and August 2024, hovered above 125 in No...
Erikona Grand Theft Auto VI may finally have a launch date that Rockstar Games will stand behind. The studio officially set November 19 as the new release date after several high-profile delays. Gaming industry insiders think the date is likely to stick. The game had originally launched with a 2025 release window before being pushed to May 26 of this year and then delayed again to its current Nove...
Erikona Grand Theft Auto VI may finally have a launch date that Rockstar Games will stand behind. The studio officially set November 19 as the new release date after several high-profile delays. Gaming industry insiders think the date is likely to stick. The game had originally launched with a 2025 release window before being pushed to May 26 of this year and then delayed again to its current November target. The second delay sent Rockstar parent Take-Two Interactive's ( TTWO ) stock down as much as 18% on the day of the announcement, with shares still not fully recovered. In February, Take-Two ( TTWO ) CEO Strauss Zelnick confirmed the November 19 date remains on track and that a marketing campaign is expected to kick off sometime in the summer. Notably, a third trailer also appears to be on the horizon, which could be a TTWO share price catalyst. The game is confirmed for PlayStation 5 ( SONY ) and Xbox Series X|S ( MSFT ) at launch, with no official PC version announced, although the series' history strongly suggests one will follow. Other companies that could benefit to varying degrees from a successful GTA 6 launch include GameStop ( GME ), AMD ( AMD ), Nvidia ( NVDA ), and Logitech ( LOGI ). Starting as a top-down PC game in 1997, the GTA franchise evolved through five major releases over 16 years, including a jump to 3D with GTA III in 2001, beloved entries in Vice City (2002) and San Andreas (2004), and a noteworthy cinematic leap with GTA IV (2008), before GTA V landed in 2013 and became one of the best-selling entertainment products in history with over 225M copies sold. Shares of Take-Two ( TTWO ) are down more than 20% on a year-to-date basis. More on Take-Two Interactive Take-Two Interactive: What The Market Is Missing About The GTA VI (Rating Upgrade) Take-Two Interactive Software: Strong Bookings Prospects Amid Selloff (Upgrade) Take-Two Interactive Q3: Live Service Funding A Major Release Every Decade, Boring Communication Services posts weak perform...
ImagePixel Most Federal Reserve officials judged that progress toward the central bank's 2% inflation objective could be slower than previously expected due to higher oil prices from the Iran conflict following the effects of tariffs imposed last year, according to the minutes of the March 17-18 Federal Open Market Committee meeting released on Wednesday. They also saw that " the risk of inflation...
ImagePixel Most Federal Reserve officials judged that progress toward the central bank's 2% inflation objective could be slower than previously expected due to higher oil prices from the Iran conflict following the effects of tariffs imposed last year, according to the minutes of the March 17-18 Federal Open Market Committee meeting released on Wednesday. They also saw that " the risk of inflation running persistently above the Committee's objective had increased." On the labor side of the Fed's mandate, the "vast majority of participants judged that risks to the employment side of the mandate were skewed to the downside," the minutes indicated. Furthermore, a prolonged conflict in the Middle East could lead to worsening on both sides of the dual mandate, as inflation could remain elevated for longer and businesses could hold off from hiring amid uncertainty in growth and inflation. Overall, the FOMC members said it's too early to see how the war would affect U.S. economic growth. Almost all of the participants voted to keep the federal funds rate target range at 3.50%-3.75%, with only Stephen Miran dissenting in favor of a 25-basis point rate cut, as previously reported. "They judged that leaving the policy rate unchanged kept the Committee well positioned to determine the extent and timing of additional adjustments to the policy rate based on the incoming data, the evolving outlook, and the balance of risks," the summary of the meeting said. The policymakers did see the potential for rate cuts to resume, but likely later than some of them had originally anticipated. "Many participants judged that, in time, it would likely become appropriate to lower the target range for the federal funds rate if inflation were to decline in line with their expectations," the minutes said . Developing… Check back for updates. Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political di...
On April 6, investment adviser Private Client Services, LLC disclosed in a U.S. Securities and Exchange Commission filing that it sold 88,629 shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) , an estimated $3.11 million trade based on quarterly average pricing. According to an SEC filing dated April 6, Private Client Services, LLC reduced its stake in Pacer US Large Cap Cash...
On April 6, investment adviser Private Client Services, LLC disclosed in a U.S. Securities and Exchange Commission filing that it sold 88,629 shares of Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) , an estimated $3.11 million trade based on quarterly average pricing. According to an SEC filing dated April 6, Private Client Services, LLC reduced its stake in Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) by 88,629 shares. The estimated value of the shares sold was $3.11 million, based on the average closing price during the first quarter. The fund ended the quarter with 43,032 shares, valued at $1.45 million. Pacer US Large Cap Cash Cows Growth Leaders ETF (NASDAQ:COWG) is a strategy-driven ETF designed to capture growth opportunities among U.S. large-cap equities with superior free cash flow margins. The fund systematically selects and weights holdings based on financial quality and growth metrics, aiming to provide investors with exposure to companies demonstrating both profitability and leadership within their sector. Continue reading
Travelers in Terminal 1 at John F. Kennedy International Airport (JFK) in New York, US, on Sunday, March 1, 2026. Michael Nagle | Bloomberg | Getty Images For budget conscious travelers, it's gotten harder to escape the rising cost of airfare in recent weeks. Airlines are raising bag fees , adding fuel surcharges and cutting flight schedules to manage the fallout from the Iran war. Average economy...
Travelers in Terminal 1 at John F. Kennedy International Airport (JFK) in New York, US, on Sunday, March 1, 2026. Michael Nagle | Bloomberg | Getty Images For budget conscious travelers, it's gotten harder to escape the rising cost of airfare in recent weeks. Airlines are raising bag fees , adding fuel surcharges and cutting flight schedules to manage the fallout from the Iran war. Average economy fares rose to $998 for round-trip international flights as of March 30, up from $774 on Feb. 23, before the war started, according to data from Kayak , a travel search engine. Domestic fares increased to $350 from $336. Airlines have raised prices for consumers largely to offset the higher cost of jet fuel, one of the largest costs for airlines, according to travel experts. watch now VIDEO 2:32 02:32 Airlines face higher jet fuel costs Squawk on the Street Before a two-week ceasefire announced late Tuesday , Iran had effectively choked off traffic through the Strait of Hormuz, a waterway used to ship about a fifth of the world's oil supply . Jet fuel prices have nearly doubled since the Iran war began, to $4.81 per gallon on Tuesday from $2.50 on Feb. 27, according to an Argus Media jet fuel price index . If jet fuel prices stay elevated for a full year — at a level roughly $2 per gallon higher than before the war — airfares would have to increase about $50 for each one-way fare, or about 17%, Deutsche Bank analysts wrote in a report on Tuesday. "The most notable response to the surge in jet fuel prices has been fare increases (and fuel surcharges in international markets)," they wrote. Read more CNBC personal finance coverage There's a key number to know before making a last-minute IRA contribution With gas above $4, drivers across the U.S. say they're cutting back National College Decision Day is approaching. How to maximize aid Mailing your tax return too close to the deadline comes with a risk Average tax refund is up $350 compared to last year as IRS deadline nears Ro...
mohd izzuan/iStock via Getty Images The fund posted returns of 0.61% (Institutional shares)( BGCIX ) and 0.48% (Investor A shares, without sales charge)( BGCAX ) for the fourth quarter of 2025. On a regional basis, the United States was the main contributor to performance, though European exposure was meaningfully accretive. The carry strategies performed best, while the traditional and absolute r...
mohd izzuan/iStock via Getty Images The fund posted returns of 0.61% (Institutional shares)( BGCIX ) and 0.48% (Investor A shares, without sales charge)( BGCAX ) for the fourth quarter of 2025. On a regional basis, the United States was the main contributor to performance, though European exposure was meaningfully accretive. The carry strategies performed best, while the traditional and absolute return strategies were also meaningful contributors. The hedging strategies detracted from returns. During the quarter, the fund's gross exposure was lowered from 148% to 123%. From a net exposure perspective, the fund's net long exposure increased from 70% to 81%, while there was a small net gain in cash bonds. The allocation to bank loans was reduced. Contributors On a regional basis, the United States led performance, though Europe was also a strong contributor. In the United States, the absolute strategies were the top performer, led by event and thematic trades around media. The U.S. traditional strategies contributed, particularly front-end investment grade and short duration (low interest rate sensitivity) high yield allocations, along with the U.S. carry strategies, where artificial intelligence-related trades and enhanced equipment trust certificates boosted returns. In Europe, the carry strategies drove performance, led by collateralized loan obligations and bank loans, while the traditional strategies, particularly high yield and financials exposures, were also beneficial. The European absolute strategies, in aggregate, detracted, though select event-related technology and packaging names contributed. Detractors During the quarter, the detractors were limited and were led by the hedging strategies in both the United States and Europe. Select opportunistic and idiosyncratic short exposures around hospitality and workplace technology also weighed on returns. Further insight Looking at 2026, while we are optimistic overall about the growth scenario and lean more long...
Just_Super/iStock via Getty Images Introduction Ouster’s ( OUST ) recent pullback from the highs prompted me to look into the whole company to see if this pullback warrants starting a position. The company is diversified quite well, but profitability is still nowhere near, and the past promises of improvements that failed to become a reality muddied the waters of the newly promised growth expectat...
Just_Super/iStock via Getty Images Introduction Ouster’s ( OUST ) recent pullback from the highs prompted me to look into the whole company to see if this pullback warrants starting a position. The company is diversified quite well, but profitability is still nowhere near, and the past promises of improvements that failed to become a reality muddied the waters of the newly promised growth expectations. The performance Over the past three years, Ouster’s revenues have continued to climb and even saw a larger bump in growth in the latest quarter than the company has seen before. If we dig a little deeper, we will see that the company’s royalties went from $38k in the previous quarter to over $21m. This is not the new level of royalty revenues. The management noted that on the 8K, this jump in royalties was primarily a one-time anomaly that was related to long-term IP license contracts. Without the one-time bump in revenues, the year-over-year growth was around 36%, which was still really good, and continued the company’s goal of growing the top line at least 35% annually. But the overall trend is very promising. Seeking Alpha Let’s take a look at the company’s profitability. The company is nowhere near profitable; however, margins across the board improved tremendously. At some point, I saw that the company’s gross margins were also negative, so now that they are going steady at around 40%-50%, I am quite confident the company won’t see negative gross margins any longer. Ouster’s management is doing fantastic work at getting the product to many customers, which has helped its operations get closer to profitability. I don’t think we will see profitability for the next year or two, but if it manages to get a lot more units out to customers, which will allow them to upsell them with the platform subscriptions, which will essentially go towards improving margins dramatically, I could see over the next three years the company being at least breaking even. Seeking Alpha Sin...