Fake X account posing as his vet sparked global false reports of Jonathan’s death while soliciting crypto donations At 194 years old, Jonathan, the giant tortoise, was a youngster when Queen Victoria ascended to the throne – and has now lived long enough to fall victim to a crypto scam. News outlets including the BBC, Daily Mail and USA Today falsely reported his death after an X account posing as...
Fake X account posing as his vet sparked global false reports of Jonathan’s death while soliciting crypto donations At 194 years old, Jonathan, the giant tortoise, was a youngster when Queen Victoria ascended to the throne – and has now lived long enough to fall victim to a crypto scam. News outlets including the BBC, Daily Mail and USA Today falsely reported his death after an X account posing as Jonathan’s vet broke the news. Continue reading...
yavorskiy/iStock via Getty Images The First Trust BuyWrite Income ETF ( FTHI ) is an actively managed exchange-traded fund designed to provide investors with broad market exposure across all market capitalizations while generating income through a strategic covered call options strategy on the S&P 500 Index ( SPX ). Given the fund’s objectives, FTHI can potentially provide investors with different...
yavorskiy/iStock via Getty Images The First Trust BuyWrite Income ETF ( FTHI ) is an actively managed exchange-traded fund designed to provide investors with broad market exposure across all market capitalizations while generating income through a strategic covered call options strategy on the S&P 500 Index ( SPX ). Given the fund’s objectives, FTHI can potentially provide investors with differentiated returns given the flexibility to invest across market caps and different regions. The fund has performed exceptionally well when compared to its two benchmark indices, the SPX and the Cboe S&P 500 BuyWrite Monthly Index, presenting an appealing case as an alternative investment strategy for index investors. I am recommending FTHI with a "Buy" rating. FTHI performance chart (TradingView) Investment Thesis For FTHI FTHI provides investors with diversified equity exposure across all market capitalizations, enabling the fund to optimize the portfolio in any market environment. While the fund generally invests in U.S. equities, the FTHI has the flexibility to invest in foreign companies through ADRs, allowing for the fund to invest in offshore opportunities that may hedge U.S. exposure if necessary. Compared to its benchmarks, FTHI is significantly more concentrated, with 186 holdings that make up the portfolio strategy. Sector weights within FTHI widely vary from its benchmark, providing investors with greater diversification relative to the benchmark Indexes. Fund Comparison (Corporate Filings) Sector weighting widely differs from reported weightings in December 2025, presenting the case for active management and derisking the portfolio. This may have led to the portfolio’s outperformance over the last 3-month period. Price chart (TradingView) With the market undergoing significant volatility resulting from exogenous geopolitical risk, I believe active management presents an appealing approach to investing when compared to indexed strategies. A core rationale behind this...
The head of Hong Kong’s Catholic diocese has urged the government to offer young offenders a “second chance to start anew” and to introduce legal provisions to help those with minor criminal records pursue their careers. In his Easter message, Cardinal Stephen Chow Sau-yan encouraged authorities to reduce the use of key performance indicators (KPIs) so that educators could have more time and space...
The head of Hong Kong’s Catholic diocese has urged the government to offer young offenders a “second chance to start anew” and to introduce legal provisions to help those with minor criminal records pursue their careers. In his Easter message, Cardinal Stephen Chow Sau-yan encouraged authorities to reduce the use of key performance indicators (KPIs) so that educators could have more time and space to better support students, amid persistently high youth suicide rates. “I call on our government...
Rolling coverage of the latest economic and financial news Trump claims Iran war ‘nearing completion’ and seeks to justify conflict in prime-time address Middle East crisis live: oil prices climb after Trump defends Iran war in address to the nation Asia-Pacific stock markets are a sea of red after Donald Trump dented hopes of an early end to the Iran war. All the major stock markets in the region...
Rolling coverage of the latest economic and financial news Trump claims Iran war ‘nearing completion’ and seeks to justify conflict in prime-time address Middle East crisis live: oil prices climb after Trump defends Iran war in address to the nation Asia-Pacific stock markets are a sea of red after Donald Trump dented hopes of an early end to the Iran war. All the major stock markets in the region have fallen, after the US president used his primetime address overnight to vow to hit Iran “extremely hard” over the coming weeks. “We’re going to hit them extremely hard over the next two to three weeks. We’re going to bring them back to the Stone Ages where they belong.” President Trump’s ‘address to the nation’ hasn’t helped on this front, with market participants having wanted to hear a bit more than the President provided. While Trump did note that the US is ‘nearing completion’ of its strategic objectives, and reiterated that those countries reliant on crude flows through Hormuz should be the ones to re-open it, Trump failed to give a definitive timeframe for ending the conflict, while also nothing that Iran will be hit ‘very hard’ over the next couple of weeks. “The increases drivers have had to endure in March 2026 far exceed those seen in the early days of the war in Ukraine. “While the monthly rise in a litre of petrol is bad enough, the jump in the cost of diesel is even harder to swallow at 40p a litre. Continue reading...
Public Storage ( PSA ) subsidiary, Public Storage Operating Company, has priced a public offering of $500M of fixed-rate senior notes due 2035. The notes will be issued at 99.182% of par value, bear interest at 5.000%, and will mature on December 15, 2035. The offering is expected to close on April 6, 2026, subject to the satisfaction of customary closing conditions. Public Storage Operating Compa...
Public Storage ( PSA ) subsidiary, Public Storage Operating Company, has priced a public offering of $500M of fixed-rate senior notes due 2035. The notes will be issued at 99.182% of par value, bear interest at 5.000%, and will mature on December 15, 2035. The offering is expected to close on April 6, 2026, subject to the satisfaction of customary closing conditions. Public Storage Operating Company expects to use the net proceeds to repay amounts under its revolving credit facility and for general corporate purposes. BofA Securities ( BAC ) and J.P. Morgan Securities ( JPM ) acted as joint book-running managers of the offering. More on Public Storage Public Storage And National Storage Tie The Knot Public Storage (PSA) National Storage Affiliates Trust, - M&A Call - Slideshow Public Storage And National Storage: A Compelling Merger (But Maybe Not Short-Term) Key deals this week: Ecolab, Novartis, 3M and more Public Storage to buy National Storage in all-stock deal
Darwin Brandis/iStock via Getty Images Introduction The last time I covered Cal-Maine Foods ( CALM ), I talked about the company’s strong balance sheet and ongoing expansion into prepared foods that enhances their margin stability and helps diversify their income stream through a more predictable source, reiterating their Buy rating. Following another solid quarter despite the cash flow dropping s...
Darwin Brandis/iStock via Getty Images Introduction The last time I covered Cal-Maine Foods ( CALM ), I talked about the company’s strong balance sheet and ongoing expansion into prepared foods that enhances their margin stability and helps diversify their income stream through a more predictable source, reiterating their Buy rating. Following another solid quarter despite the cash flow dropping significantly as a result of egg prices normalizing, CALM remains a Buy, backed by their excellent financials, recent acquisitions boosting their pivot, and potential to benefit from long-term consumer trends. Building On Their Strong Foundation Cal-Maine Foods IR Cal-Maine reported a strong quarter, beating the market’s revenue and EPS guidance significantly and delivering a free cash flow of $353.2 million during the first 9 months of the fiscal year, which is about half of the level from a year ago, being explained by the significant drop in egg prices, further normalizing from the jump caused by bird flu outbreaks in recent years. Cal-Maine Foods IR Meanwhile, CALM recently announced a $128.5 million acquisition to further develop their shell egg, egg and prepared foods platform. The fact that this was funded through the cash available on the balance sheet goes to show the kind of advantage the company’s strong balance sheet offers, as the company doesn’t have to rely on (or worry about) expensive debt and is in a very comfortable position to take advantage of opportunities using the cash. This comes as their specialty eggs segment grew to 50.5% during Q3’FY26 of total shell egg sales and prepared foods grew to 9.5% of net sales, with these two now accounting for 52.9% of net sales, building their future higher-margin engine. This is the result of the company utilizing the influx of capital from the recent spike in eggs prices to significantly improve their balance sheet and strengthen their operations, and I believe the management took the right steps so far. Cal-Maine ...