Calumet ( CLMT ) announced the redemption of all outstanding $100M 9.75% Senior Notes due 2028 on July 15, 2026. The notes will be redeemed at 102.438% of the principal amount, plus accrued and unpaid interest up to, but excluding, the redemption date. The redeemed notes were originally issued in January 2025. More on Calumet, Inc. Verifying Calumet Specialty Products' New Trajectory Calumet, Inc....
Calumet ( CLMT ) announced the redemption of all outstanding $100M 9.75% Senior Notes due 2028 on July 15, 2026. The notes will be redeemed at 102.438% of the principal amount, plus accrued and unpaid interest up to, but excluding, the redemption date. The redeemed notes were originally issued in January 2025. More on Calumet, Inc. Verifying Calumet Specialty Products' New Trajectory Calumet, Inc. (CLMT) Presents at 16th Annual Wells Fargo Industrials & Materials Conference - Slideshow Calumet, Inc. (CLMT) Presents at Bank of America Energy & Power Credit Conference - Slideshow Calumet announces redemption of $100M 9.75% senior notes Calumet outlines $1-$2 per gallon SAF premium contracts while ramping MaxSAF 150 expansion
Apple plans to invest more than $30 billion in an extended partnership with Broadcom to produce custom chips it said Wednesday. Apple said the new agreement was the largest so far under its ‘American Manufacturing Program’ and would enable Broadcom to expand and modernize its manufacturing facilities in Fort Collins, Colorado, with a $1.5 billion capital expenditure investment. Apple shares were d...
Apple plans to invest more than $30 billion in an extended partnership with Broadcom to produce custom chips it said Wednesday. Apple said the new agreement was the largest so far under its ‘American Manufacturing Program’ and would enable Broadcom to expand and modernize its manufacturing facilities in Fort Collins, Colorado, with a $1.5 billion capital expenditure investment. Apple shares were down 0.6% in premarket trading.
LNTO ( LNTO ) appointed Felix Waller as chief executive officer, effective immediately, following the completion of its reverse merger with Airtopia Adventure Parks. The merger transforms LNTO into a family entertainment and experiential hospitality company. Through the transaction, LNTO acquires Airtopia's operating platform, leadership team, development pipeline, and entertainment venues. Outgoi...
LNTO ( LNTO ) appointed Felix Waller as chief executive officer, effective immediately, following the completion of its reverse merger with Airtopia Adventure Parks. The merger transforms LNTO into a family entertainment and experiential hospitality company. Through the transaction, LNTO acquires Airtopia's operating platform, leadership team, development pipeline, and entertainment venues. Outgoing management will continue to support the company in advisory and board roles to ensure leadership continuity. More on Lelantos Holdings, Inc. Financial information for Lelantos Holdings, Inc.
Beijing has issued a lengthy critique of the Philippines’ territorial claims in the South China Sea, condemning its actions as “unlawful” expansions that pose a “grave threat” to the post-war global order. Wednesday’s report by a Ministry of Natural Resources think tank – its third within days – marks the latest move in China’s campaign to reinforce its position in the disputed waters. It also rei...
Beijing has issued a lengthy critique of the Philippines’ territorial claims in the South China Sea, condemning its actions as “unlawful” expansions that pose a “grave threat” to the post-war global order. Wednesday’s report by a Ministry of Natural Resources think tank – its third within days – marks the latest move in China’s campaign to reinforce its position in the disputed waters. It also reiterates Beijing’s rejection of the Philippines’ stance just days before the 10th anniversary of a...
China and Russia launched joint naval exercises focused on submarine rescue, a matter in which Beijing said it hoped to learn operational experience from its strategic partner amid intensified competition beneath the seas. The Joint Sea-2026 exercise between the two navies began in the eastern Chinese port city of Qingdao on Monday, underscoring deepening military cooperation between Beijing and M...
China and Russia launched joint naval exercises focused on submarine rescue, a matter in which Beijing said it hoped to learn operational experience from its strategic partner amid intensified competition beneath the seas. The Joint Sea-2026 exercise between the two navies began in the eastern Chinese port city of Qingdao on Monday, underscoring deepening military cooperation between Beijing and Moscow since the annual drills first launched in 2012. The exercise coincided with Beijing’s launch...
Apple (NASDAQ:AAPL) is trading within striking distance of a psychologically important round number. With shares at $312.66 and momentum accelerating, the real question is whether Apple can sprint another 28% higher to hit $400 in the next twelve months. Our proprietary model has an opinion, and it’s bullish, but stops short of that headline figure ... Can Apple Stock Reach $400 This Year? 3 Catal...
Apple (NASDAQ:AAPL) is trading within striking distance of a psychologically important round number. With shares at $312.66 and momentum accelerating, the real question is whether Apple can sprint another 28% higher to hit $400 in the next twelve months. Our proprietary model has an opinion, and it’s bullish, but stops short of that headline figure ... Can Apple Stock Reach $400 This Year? 3 Catalysts That Can Make It Happen
BlueJames/iStock via Getty Images On June 30, 2026, shares of Ultra Clean Holdings ( UCTT ) peaked at $144.22. The stock’s performance mirrored that of SanDisk ( SNDK ) and Micron Technology ( MU ). SNDK stock rose by 3,934% from its 52-week low, while Micron rose by 807.7%. Unfortunately, investors potentially decided to book profits in the fast-moving semiconductor stocks. SNDK stock lost 21% in...
BlueJames/iStock via Getty Images On June 30, 2026, shares of Ultra Clean Holdings ( UCTT ) peaked at $144.22. The stock’s performance mirrored that of SanDisk ( SNDK ) and Micron Technology ( MU ). SNDK stock rose by 3,934% from its 52-week low, while Micron rose by 807.7%. Unfortunately, investors potentially decided to book profits in the fast-moving semiconductor stocks. SNDK stock lost 21% in the week while Micron lost 18%. UCTT, whose shares tripled from its 52-week low, fell by around 15% on July 7 and 30.5% in the last week. Although the percentage drop will catch the reader’s attention, UCTT trades back to its trading range of $80 - $90 that formed between April and June. What should investors do after UCTT’s sharp stock price decline? Review UCTT’s Fiscal First Quarter Results UCTT reported revenue growing by 2.9% Y/Y to $533.7 million . Non-GAAP earnings of $0.31 per share exceeded consensus by $0.05. However, in the reconciliation of GAAP adjusted results, the firm lost $17.9 million. The three biggest adjustments were the amortization of intangible assets ($6.9 million), stock-based compensation expense ($4 million), and restructuring charges of $4.8 million. Seeking Alpha After posting results on April 28, UCTT stock rallied from $78.15 through the end of June to $144.22. Investors who bought shares recently and have a paper loss might consider Seeking Alpha’s quant score. The quant grade is 4.98/5.00, rating the stock as a strong buy . Seeking Alpha The bullish rating suggests that when the company posts second-quarter results on August 3, it should post strong earnings. Its revisions grade is an A-. In addition, UCTT should report strong earnings and revenue growth. Seeking Alpha Outlook UCTT Chief Executive Officer James Xiao said that the Wafer Fab Equipment (“WFE”) prospects continue to grow. Customers said that they quoted $140 billion to $145 billion this year . WFE should grow by between 15% and higher in 2027. Memory chip output is expanding. ...
Vanguard Total International Stock ETF (NASDAQ:VXUS) and iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) offer nearly identical international market exposure with subtle differences in yield, expense ratios, and portfolio depth. These funds serve as core holdings for investors seeking to balance a U.S.-heavy portfolio with broad international exposure, including significant stakes in...
Vanguard Total International Stock ETF (NASDAQ:VXUS) and iShares Core MSCI Total International Stock ETF (NASDAQ:IXUS) offer nearly identical international market exposure with subtle differences in yield, expense ratios, and portfolio depth. These funds serve as core holdings for investors seeking to balance a U.S.-heavy portfolio with broad international exposure, including significant stakes in Europe, the Pacific, and emerging markets. While the iShares fund covers large-, mid-, and small-cap companies, the Vanguard ETF tracks the FTSE Global All Cap ex US Index, providing one of the most comprehensive international stock samplings available to retail investors. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
Key PointsThe investment firm's recent large sale of Alibaba stock came after another huge sale of the stock following the Chinese company's latest earnings report.
Key PointsThe investment firm's recent large sale of Alibaba stock came after another huge sale of the stock following the Chinese company's latest earnings report.
Guido Mieth/DigitalVision via Getty Images Introduction In the past few months, a lot has happened in the U.S. economy. Most notably, oil & gas prices spiked amid the ongoing conflict with Iran, adding another layer of uncertainty for investors. Despite concerns, the broader market has continued to plod higher, up over 8% year-to-date at the time of writing. Meanwhile, precious metals, particularl...
Guido Mieth/DigitalVision via Getty Images Introduction In the past few months, a lot has happened in the U.S. economy. Most notably, oil & gas prices spiked amid the ongoing conflict with Iran, adding another layer of uncertainty for investors. Despite concerns, the broader market has continued to plod higher, up over 8% year-to-date at the time of writing. Meanwhile, precious metals, particularly gold, have pulled back from highs in January during the year and just had its worst quarter in 13 years . While additional macro uncertainty could result in further pressure in the near-term, I believe the pullback improves the long-term setup as a gold bottom may be near. In this article, I discuss why the FT Vest Gold Strategy Target Income ETF ( IGLD ) remains attractive for investors seeking gold exposure, and why the ETF could outperform over the long-term if gold resumes its upward trend. Previous Coverage I last covered IGLD back in February when gold was trading close to $5,000 an ounce. Since then, gold has rallied and pulled back as uncertainty around inflation, interest rates, and geopolitical tensions continue to mount. At the time, I believed IGLD was ideal for retirees looking for diversification and higher income due to its synthetic options strategy, giving investors a 9.5% distribution yield. During that time, IGLD managed to outperform some of its peers over a 6 month period. However, after such a strong rally, I cautioned investors that precious metals were at increased risk to see a steep or prolonged correction. Seeking Alpha Since then, IGLD has underperformed, down close to 21% compared to the S&P ( SP500 ), up close to 8.5%. IGLD Performance In the past month, Gold ( GLD ) is down roughly 10%. I think this is due to the spike in oil and gas prices from the conflict with Iran. Part of this was also due to the strong rally it experienced recently. Historically, persistent inflation has supported gold prices over the long-term. However, in the near-te...
The Frenchman is a footballer, flautist and a thespian. There’s no question he is the most thrilling and compelling figure at this year’s tournament This has been the World Cup of characters, bold fashion statements, and bantz: we’ve had Thomas Tuchel rubber-banding around the England dressing room like a teen at his first all-ages rave, and Iván Barton booting Miguel Almirón from the field as if ...
The Frenchman is a footballer, flautist and a thespian. There’s no question he is the most thrilling and compelling figure at this year’s tournament This has been the World Cup of characters, bold fashion statements, and bantz: we’ve had Thomas Tuchel rubber-banding around the England dressing room like a teen at his first all-ages rave, and Iván Barton booting Miguel Almirón from the field as if sentencing him to death . Mauricio Pochettino and his $500 overshirt have brought fresh energy and inspiration to the wardrobes of convex middle-aged men the world over. Jokester Javier Aguirre’s avuncular “ fuck you ” at Anthony Gordon has pushed bilateral relations between Mexico and England to their warmest point since the British-brokered peace that ended the Pastry War of 1839. Erling Haaland has shown it’s possible to be Jaws in front of goal and Scooby Doo once the ball is in the back of the net, that there’s nothing about football so important that it can’t make way for some silly bit of online comedy. Even Harry Kane, a man who often seems like he was media trained in the womb, has squeaked thrillingly, if briefly , to life. Continue reading...
Hong Kong women’s rights advocates and sexual assault survivors have urged authorities to close a loophole that allows defendants to claim an honest but mistaken belief in consent before a sexual act, warning that it could undermine proposed reforms. The Association Concerning Sexual Violence Against Women and survivor group We Are X on Wednesday said the government’s updated stricter definitions ...
Hong Kong women’s rights advocates and sexual assault survivors have urged authorities to close a loophole that allows defendants to claim an honest but mistaken belief in consent before a sexual act, warning that it could undermine proposed reforms. The Association Concerning Sexual Violence Against Women and survivor group We Are X on Wednesday said the government’s updated stricter definitions of consent should also be extended to this long-standing defence. “If we agree that the defendant...
United Parcel Service (NYSE:UPS) primarily generates revenue by offering time-definite package delivery, international logistics, and specialized supply chain services to clients worldwide. In the first half of 2026, it announced plans to close additional distribution centers while reporting a 4% net income margin for the quarter ended March 31, 2026. FedEx (NYSE:FDX) primarily earns revenue by pr...
United Parcel Service (NYSE:UPS) primarily generates revenue by offering time-definite package delivery, international logistics, and specialized supply chain services to clients worldwide. In the first half of 2026, it announced plans to close additional distribution centers while reporting a 4% net income margin for the quarter ended March 31, 2026. FedEx (NYSE:FDX) primarily earns revenue by providing rapid package shipping, heavy cargo transport, and integrated supply chain management services across international borders. Continue reading
PhonlamaiPhoto/iStock via Getty Images Summary I am recommending a buy rating for Factorial Energy Inc. ( FAC ). This is a very high-risk call, to be clear, but I think the risk/reward is attractive because FAC is trading close to the valuation level used in the SPAC transaction despite FAC having more customer validation and good technical validation. I think that is enough to own the stock as a ...
PhonlamaiPhoto/iStock via Getty Images Summary I am recommending a buy rating for Factorial Energy Inc. ( FAC ). This is a very high-risk call, to be clear, but I think the risk/reward is attractive because FAC is trading close to the valuation level used in the SPAC transaction despite FAC having more customer validation and good technical validation. I think that is enough to own the stock as a speculative buy, as long as the position is sized properly. Business overview FAC develops solid-state battery technology for applications that need more energy density, faster charging, higher power, or longer cycle life than conventional lithium-ion batteries can provide. Its nearer-term product family is FEST (Factorial Electrolyte System Technology), which is aimed at high-power uses such as drones and on-road vehicles. FAC’s Solstice technology is earlier stage and is aimed at longer-cycle applications such as mobile robots, energy storage, and AI data center power needs. FAC's revenue model comprises a mix of technology licensing and royalties, development and service revenue, material supply revenue, and manufacturing or sales of battery cells. OEM validation and manufacturing capacity For starters, FAC is no longer a pure-lab R&D story. This is a company that has operating fabrication lines and has delivered thousands of battery cells to partners for use and validation in drones and on-road vehicles. The technical specs also look strong when put against practical EV benchmarks. FAC has announced a 40Ah automotive-scale solid-state battery operating at room temperature, a 100Ah+ lithium-metal solid-state cell, and a greater than 390Wh/kg 100Ah B-sample delivered to a global automotive OEM. The energy-density number is important because solid-state cells are generally attractive only if they can beat today’s lithium-ion trade-off between range, weight, and cost. As a reference point, Stellantis and FAC’s 77Ah FEST cells demonstrated 375Wh/kg, which was already describ...
Atitaya Pimpa/iStock via Getty Images Introduction Back when I last covered Nutrien ( NTR ), I reiterated its Hold rating, highlighting an overall fair valuation for a fundamentally strong business, reiterating how commodity stocks are not something to buy no matter what regardless of how vital their commodities may be. With the stock trading nearly at the same levels as back in mid-December when ...
Atitaya Pimpa/iStock via Getty Images Introduction Back when I last covered Nutrien ( NTR ), I reiterated its Hold rating, highlighting an overall fair valuation for a fundamentally strong business, reiterating how commodity stocks are not something to buy no matter what regardless of how vital their commodities may be. With the stock trading nearly at the same levels as back in mid-December when the previous analysis was published, Nutrien remains a Hold, with a valuation that doesn’t seem compelling enough to justify buying just yet, especially given the rising macro uncertainty and potential pressure on the supply-demand balance of their core commodities. Recent Business & Financial Updates Nutrien IR Nutrien reported a mixed Q1 overall, missing the market’s EPS expectations despite a solid beat on revenue , with the latter up 18.6% YoY and record potash sales volumes during the quarter, while the Adj. EBITDA reached $1.105 billion among solid performance across their segments, although higher input costs also dragged on their performance despite the Iran boost. Nutrien IR Nutrien also reiterated its initial guidance across all points, expecting to continue its efforts to simplify the business and grow its core asset base, with CAPEX expected to reach $2.05 billion at midpoint, very similar to the ~$2 billion seen in 2025 as they keep investing across Retail, Potash, and Nitrogen. Nutrien IR In recent quarters, Nutrien continued its portfolio optimization, with ~$900 million in gross proceeds from divestitures since Q4 2024 and reviewing its Phosphate business since Q4 2025, shortly after selling its Profertil stake to Adecoagro ( AGRO ), which frees solid capital for the business to navigate the current macro setting, with the CFO adding the following regarding the Phosphate market during their Q1 Earnings Call : I think more generally, we just reiterate the comments from an overall industry perspective that when we look at our business and we look at what's hap...
A conglomerate backed by Oman’s sovereign wealth fund is looking to sell a stake worth in the shipping business it listed last year, people familiar with the matter said. Asyad Group plans to pare down its holding in the business to increase its free float, the people said, declining to be identified as the information is private. The deal could come in the second half of the year and is aimed at ...
A conglomerate backed by Oman’s sovereign wealth fund is looking to sell a stake worth in the shipping business it listed last year, people familiar with the matter said. Asyad Group plans to pare down its holding in the business to increase its free float, the people said, declining to be identified as the information is private. The deal could come in the second half of the year and is aimed at helping Asyad Shipping Co. achieve a free float of at least 25% as mandated by the Omani regulator , the people said. To get there, Asyad would need to sell at least a 5% additional stake, which is worth just under $190 million based on the shipping firm’s market value. The eventual size of the sell down could be higher, according to one of the people, though no final decisions have been made. A representative for Asyad declined to comment. The firm had sold a 20% stake in Asyad Shipping’s listing last February, raising about $333 million. Shares in the company have since doubled. The deal would mark a rare secondary deal in Oman, though that pocket of the market has grown in the Middle East recent years. New share sales have been muted, with the Iran war prolonging a slump that had begun even before the conflict. Still, deals across Saudi Arabia, the United Arab Emirates, Kuwait and Qatar are raising hopes of a rebound after the summer. On Wednesday, Oman India Fertiliser Co. jumped more than 23% on its Muscat trading debut after raising 261 million Omani rials in the region’s largest initial public offering of the year. Investors piled into the stock despite global market volatility after President Donald Trump thrust geopolitical risks back into focus by declaring the ceasefire between the US and Iran to be over.