(RTTNews) - Hafnia Ltd. (HAFN, HAFNI.OL), on Wednesday, reported higher net income in the first quarter compared with the previous year, despite major geopolitical disruptions in global oil markets and an estimated loss of 12.8 million barrels per day of oil supply. For the first quarter, net income increased to $291.32 million from $57.55 million in the previous year. Earnings per share were $0.3...
(RTTNews) - Hafnia Ltd. (HAFN, HAFNI.OL), on Wednesday, reported higher net income in the first quarter compared with the previous year, despite major geopolitical disruptions in global oil markets and an estimated loss of 12.8 million barrels per day of oil supply. For the first quarter, net income increased to $291.32 million from $57.55 million in the previous year. Earnings per share were $0.36 versus $0.13 last year. Adjusted EBITDA jumped to $198.62 million from $125.09 million in the prior year. Operating profit rose to $182.50 million from $75.46 million in the prior year. Revenue increased to $282.50 million from $218.75 million in the previous year. Further, the board set the first-quarter 2026 payout ratio at 80%, resulting in a dividend of $143.8 million, or $0.2877 per share. Looking ahead, the company said uncertainty remains high due to disruptions in the Strait of Hormuz and slower recovery in global oil production and refinery operations, though prolonged rerouting of trade flows is expected to support tanker demand. On Tuesday, Hafnia closed trading 1.52% lesser at NOK 77.90 on the Oslo Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
StevanZZ/iStock via Getty Images One of my favorite industries to write about is the midstream/pipeline industry. The space is defined by stable and reliably expanding cash flows. Margins are high, and valuations of many of these companies are on the lower end of the spectrum. Although it's not my favorite of the players out there, one firm that I definitely like in this industry is Enterprise Pro...
StevanZZ/iStock via Getty Images One of my favorite industries to write about is the midstream/pipeline industry. The space is defined by stable and reliably expanding cash flows. Margins are high, and valuations of many of these companies are on the lower end of the spectrum. Although it's not my favorite of the players out there, one firm that I definitely like in this industry is Enterprise Products Partners ( EPD ). In addition to having its own niche, the company is a giant in the space, with a market capitalization of $82.77 billion. The most recent data shows that revenue has dropped. But cash flows continue to rise as management continues to invest in growth opportunities. I care less about the distribution. However, it is also a fact that the yield that the company offers is top-notch, with most other companies that are similar to it paying out less in relation to their market values. The last article that I wrote about Enterprise Products Partners came out in February of this year. At that time, I called it a high-tier candidate that deserved a very solid "Buy" rating. And since then, the firm has indeed outperformed the market. The total upside for investors since then has been 11.7%. That compares to the 7.6% increase that the S&P 500 experienced over the same window of time. Despite this move higher, the stock still looks attractive. Leverage is low, and growth prospects are strong enough to justify remaining bullish. Enterprise Products Partners Shouldn’t Be Ignored Enterprise Products Partners If I had to make a list of my favorite midstream/pipeline candidates, I don't know exactly where Enterprise Products Partners would sit. But it would definitely be in the top five. The company is definitely an interesting prospect if you ask me. Management describes it as a fully integrated, midstream energy asset network. Through its asset base , it provides midstream energy services to both producers and consumers of natural gas, crude oil, petrochemicals, ref...
In one scene from Landmarks, the new documentary by the Argentinian film-maker Lucrecia Martel, a tour guide shows children a painting on the ceiling of a Catholic church depicting how “Indigenous attempted to break into the city”. “See how these angels fought to keep the Indigenous out, and they sent these beams to scare them away,” says the guide. The following scene shows Indigenous people from...
In one scene from Landmarks, the new documentary by the Argentinian film-maker Lucrecia Martel, a tour guide shows children a painting on the ceiling of a Catholic church depicting how “Indigenous attempted to break into the city”. “See how these angels fought to keep the Indigenous out, and they sent these beams to scare them away,” says the guide. The following scene shows Indigenous people from the region – including a child baptised in that very church – watching footage of the tour on a mobile phone. One of them said: “Listening to him [the guide], you realise how convinced he is that even God wants to erase us for good.” Landmarks is Martel’s first documentary and dives into one case – the killing of an Indigenous leader in a land dispute in 2009 – to address a broader and historical problem. “The Argentine population is very alienated when it comes to Indigenous issues,” says Martel, 59. “Every effort has been made in this country not to recognise the rights of Indigenous communities.” View image in fullscreen Martel on the set of Landmarks. Photograph: Rei Pictures – Louverture Films Acclaimed for fiction films such as Zama (2017) and The Headless Woman (2008), Martel has spent about 15 years working on Landmarks, which won best film at last year’s BFI London film festival. The film’s central focus is Javier Chocobar, an activist and leader of the Diaguita people from the Chuschagasta community in the province of Tucumán, who was 68 when he was shot dead inside his territory on 12 October 2009. The moment of the killing was filmed by one of the accused, the mining businessman Darío Luis Amín, who claimed ownership of the land and arrived at the community accompanied by two former police officers, Luis Humberto Gómez and Eduardo José del Milagro Valdivieso Sassi. The footage shows the beginning of an argument between them and members of the Indigenous community, and the moment Gómez opens fire on one of them. Afterwards, Amín stops focusing on the confrontati...
Futu Holdings ( FUTU ) Wednesday said that the cumulative repurchases under its share repurchase program have reached approximately $290M worth of its American depositary shares ("ADSs"), representing its Class A ordinary shares. The repurchases were conducted under the company’s share repurchase program previously announced on November 18, 2025, under which the company may repurchase up to $800M ...
Futu Holdings ( FUTU ) Wednesday said that the cumulative repurchases under its share repurchase program have reached approximately $290M worth of its American depositary shares ("ADSs"), representing its Class A ordinary shares. The repurchases were conducted under the company’s share repurchase program previously announced on November 18, 2025, under which the company may repurchase up to $800M worth of ADSs for a period ending December 31, 2027. More on Futu Holdings Why Futu Holdings Collapsed Nearly 30% And Why The Selling Pressure May Continue Futu Holdings: The Market Is Mispricing 45% Revenue Growth And International Expansion Futu Holdings Limited (FUTU) Q4 2025 Earnings Call Transcript Futu Holdings repurchases $160M in ADSs as shares face price pressure Futu stock plunges on investigation, penalty-related letter from China's regulator
blackdovfx/iStock via Getty Images By Christopher Gannatti, CFA & Elvira Kuramshina Quantum Investing Is Moving from Concept to Ecosystem Artificial intelligence taught investors that the most compelling thematic opportunities often appear first in the bottlenecks. Before every application monetizes, capital moves toward the infrastructure that makes the application possible. Quantum computing may...
blackdovfx/iStock via Getty Images By Christopher Gannatti, CFA & Elvira Kuramshina Quantum Investing Is Moving from Concept to Ecosystem Artificial intelligence taught investors that the most compelling thematic opportunities often appear first in the bottlenecks. Before every application monetizes, capital moves toward the infrastructure that makes the application possible. Quantum computing may be earlier, noisier and more technically uncertain than AI, but the logic is similar: Find the constraints, then find the companies attempting to solve them. Of course, for quantum, the constraints are different than they are for AI. The primary issues concern qubit modality, error correction, coherence, photonic interconnects, control systems, cryogenics, quantum-safe encryption, quantum networking and software that can translate classical problems into quantum circuits. 1 The investable universe is therefore not one industry. It is a stack. That is the lens through which we approached the May 2026 rebalance. Our strategy does not attempt to declare a single winner in quantum. It broadens the portfolio around the companies and technologies that could matter as quantum moves from research milestone to commercial architecture. Xanadu as a Signal This is a notable addition at 2.93%. It signals that photonic quantum computing is becoming a more explicit part of the portfolio’s quantum hardware thesis. The importance of diversification across qubit modalities is increasingly recognized even at the government level. In April 2026, the Defense Advanced Research Projects Agency (DARPA) 2 launched its Heterogeneous Architectures for Quantum (HARQ) program, which draws a direct parallel to classical computing's multi-processor architecture, arguing that just as central processing units (CPUs), graphics processing units (GPUs), and application specific integrated circuits (ASICs) each serve distinct roles, future quantum systems will likely need to combine trapped ions, neutral atom...
For Immediate Release Chicago, IL – May 27, 2026 – Today, Zacks Investment Ideas feature highlights Nasdaq 100 Index ETF QQQ, Micron MU, SanDisk SNDK, NVIDIA NVDA, MicroStrategy MSTR and Qualcomm QCOM. Memory Supercycle: Why MY & SNDK Are Set for a Grand Finale The current technology bull market is nothing short of spectacular. Despite inflation, trade, and geopolitical concerns, the tech-heavy Na...
For Immediate Release Chicago, IL – May 27, 2026 – Today, Zacks Investment Ideas feature highlights Nasdaq 100 Index ETF QQQ, Micron MU, SanDisk SNDK, NVIDIA NVDA, MicroStrategy MSTR and Qualcomm QCOM. Memory Supercycle: Why MY & SNDK Are Set for a Grand Finale The current technology bull market is nothing short of spectacular. Despite inflation, trade, and geopolitical concerns, the tech-heavy Nasdaq 100 Index ETF is up a staggering 30% from its late March lows and is working on its ninth weekly gain out of the previous 10. What’s driving tech stocks? The AI boom. The current AI boom is witnessing unprecedented spending, with AI big tech hyperscalers spending ~$750 million in capital expenditures (CAPEX) this year on AI data centers and infrastructure (with expectations for more than $1 trillion a year in 2027 and 2028). Memory Sector Experiences Supercycle The breathtaking AI spending has reverberated throughout the U.S. and global economies. However, certain industries have benefited more than others. Thus far, the biggest beneficiaries of the AI buildout have been high-performance memory companies like Micron and SanDisk. AI models mostly operate on NVIDIA’s best-in-breed graphics processing units (GPUs). These GPUs take complex pieces of data, train them, and make sense of them. These AI models (like large language models) rely on billions of algebraic variables called weights. To process a single prompt, the GPU must continuously reference these weights. Standard memory solutions do not store enough data to enable AI training, but SNDK and MU’s technologies do. Memory Demand Outstrips Supply Currently, global demand for memory is so robust that most Wall Street analysts predict severe supply shortages for at least 2 years. These supply shortages have triggered unprecedented pricing power for SNDK and MU. As a result, Zacks Consensus Estimates expect explosive EPS growth for these companies. Below is a look at the Zacks Consensus Estimates for SanDisk: SNDK/MU:...