Cheryl Bartley is charged with gross negligence manslaughter after 2023 death of Robert Smith, 61 A woman has been charged with manslaughter after a man died during a baptism ceremony in Birmingham. Robert Smith, 61, from Brixton, south London, drowned during the ceremony, which took place at a home in Slade Road, Erdington, in 2023. The ceremony, which involved a paddling pool in a back garden, w...
Cheryl Bartley is charged with gross negligence manslaughter after 2023 death of Robert Smith, 61 A woman has been charged with manslaughter after a man died during a baptism ceremony in Birmingham. Robert Smith, 61, from Brixton, south London, drowned during the ceremony, which took place at a home in Slade Road, Erdington, in 2023. The ceremony, which involved a paddling pool in a back garden, was filmed and livestreamed, with a congregation of about a dozen people looking on. Continue reading...
S&P Global Ratings dropped its credit rating on New Orleans by one notch, as the city confronts one of the worst financial crises in its modern history. The ratings firm lowered New Orleans to BBB+, the third-lowest level of investment grade, citing “structurally imbalanced operations, declining reserves and liquidity and the need to rely on multiple one-time measures to meet short-term cash needs...
S&P Global Ratings dropped its credit rating on New Orleans by one notch, as the city confronts one of the worst financial crises in its modern history. The ratings firm lowered New Orleans to BBB+, the third-lowest level of investment grade, citing “structurally imbalanced operations, declining reserves and liquidity and the need to rely on multiple one-time measures to meet short-term cash needs,” according to a release . The outlook is still negative. “New Orleans’ financial management practices are weaker than those of other similar-sized cities,” the analysts wrote. The home of Mardi Gras celebrations has been struggling for years. Temporary pandemic aid propped up spending, while revenue lagged. Last year, the city had to borrow $125 million from Wall Street simply to make payroll, which triggered downgrades from all three major credit-rating companies. Read More: Tax Hikes, Furloughs Haunt New Orleans During Mardi Gras Season New Orleans is likely to continue using one-time solutions over the next two years, according to the S&P analysts. That includes long-term borrowing to fill immediate cash flow needs, transferring fund balances from outside agencies and maintaining a hiring freeze and furloughs. For fiscal 2025, the city is projecting a $160.1 million deficit. While the fiscal 2026 budget has equal revenue and expenditures, it relies heavily on one-time fixes to close the budget gap. And while New Orleans anticipates having balanced operations in fiscal 2027, S&P expects this could take longer given the city’s budget and operational challenges. In February, Moody’s Ratings dropped New Orleans’ credit rating by two notches, citing weak finances and dwindling reserves. S&P said that it would consider revising the city’s outlook to stable if New Orleans reduces the one-time fixes it has used to balance the general fund. Further downgrades could follow if cash flow deteriorates faster than projected or if the city is still using substantial one-time solution...
Amphenol Corporation recently priced a €500 million senior notes offering due 2031 via its German subsidiary at a 3.625% annual interest rate, with proceeds earmarked to repay Euro notes maturing in 2026 and for general corporate purposes. At the same time, Amphenol’s IT datacom segment has been reinforced by its position as a primary connector supplier to Nvidia and the integration of CommScope’s...
Amphenol Corporation recently priced a €500 million senior notes offering due 2031 via its German subsidiary at a 3.625% annual interest rate, with proceeds earmarked to repay Euro notes maturing in 2026 and for general corporate purposes. At the same time, Amphenol’s IT datacom segment has been reinforced by its position as a primary connector supplier to Nvidia and the integration of CommScope’s CCS assets, deepening its reach into AI-focused data centers and other connectivity end...
Shares in integrated oil major Chevron (NYSE: CVX) declined by 5.3% by 11 a.m. today. There's no arguing over the reason: the 15% drop in oil prices as a consequence of the agreement for a two-week ceasefire between the U.S. and Iran. Investors have been buying stocks like Chevron to hedge against the risk of a prolonged conflict and its impact on global energy prices. As such, when that risk rece...
Shares in integrated oil major Chevron (NYSE: CVX) declined by 5.3% by 11 a.m. today. There's no arguing over the reason: the 15% drop in oil prices as a consequence of the agreement for a two-week ceasefire between the U.S. and Iran. Investors have been buying stocks like Chevron to hedge against the risk of a prolonged conflict and its impact on global energy prices. As such, when that risk recedes, as it appears to have done today, it's understandable if the market reacts by selling off oil and stocks like Chevron , which are bought as proxies for oil prices. Still, it's worth taking a step back and looking at the bigger picture here. The 15% drop in oil prices just means it's trading at about $95 per barrel at the time of writing, a significant premium to the $58 per barrel it traded at at the start of the year. That's good news for Chevron's upstream (exploration and production) interests. Continue reading
e-crow/iStock via Getty Images By Zain Vawda Gold prices experienced a rollercoaster session on Wednesday, April 8, 2026, as a sudden shift in the geopolitical landscape forced traders to reassess their risk premiums. After testing intraday highs near $4,850/oz level following news that a two-week ceasefire has been reached between the US and Iran. Spot gold ( XAUUSD:CUR ) faced a corrective pullb...
e-crow/iStock via Getty Images By Zain Vawda Gold prices experienced a rollercoaster session on Wednesday, April 8, 2026, as a sudden shift in the geopolitical landscape forced traders to reassess their risk premiums. After testing intraday highs near $4,850/oz level following news that a two-week ceasefire has been reached between the US and Iran. Spot gold ( XAUUSD:CUR ) faced a corrective pullback toward the $4,780 level as the day progressed however, as risks of a ceasefire violation and overall concern keep bulls in check. For weeks, the "war premium" has been the primary engine for the decline in precious metals. The reason being that the rise in oil prices stoked inflationary fears and thus weighed on Gold prices. However, the announcement, which includes the crucial reopening of the Strait of Hormuz, saw oil prices slide back below $100 per barrel and a cooling of the safe-haven bid that has characterized Q1 2026. This led to the gold rally. What is Driving Movements Today? The US-Iran Ceasefire: The 48-hour ultimatum previously set by the US administration ended with a diplomatic breakthrough. This has eased immediate fears of a wider regional conflagration, leading to profit-taking in the "safe-haven" complex. As we often see, gold is the first to fly on fear and the first to be sold when the clouds begin to part. Dollar Softness & Rate Cut Bets: Despite the de-escalation, the US Dollar Index ( DXY ) remains under pressure, slipping 0.8% against the Euro. Markets are increasingly pricing in aggressive rate cuts for the second half of 2026 as global growth forecasts from the World Bank suggest a slowdown in emerging markets. Lower yields continue to provide a sturdy floor for non-yielding bullion. The "Turbo-Gold" Effect: Silver outperformed its yellow sibling today, rallying nearly 7% to hit $77/oz. This "turbo-charged" move in silver often signals a broader bullish conviction in the metals sector, suggesting that even if gold pauses to breathe, the underl...
Intel Corp (NASDAQ:INTC, XETRA:INL) shares climbed 9.1% Wednesday after the chipmaker announced it is joining Elon Musk’s Terafab project, but analysts caution that the deal’s long-term benefits depend heavily on how the partnership is structured. Wedbush analysts said the collaboration makes...
Intel Corp (NASDAQ:INTC, XETRA:INL) shares climbed 9.1% Wednesday after the chipmaker announced it is joining Elon Musk’s Terafab project, but analysts caution that the deal’s long-term benefits depend heavily on how the partnership is structured. Wedbush analysts said the collaboration makes...
Intel stock soars 9% after joining Musk’s high-stakes Terafab, Wedbush flags funding risks Yahoo! Finance Canada Intel joins Musk's Terafab AI chip project to power humanoid, data center goals Reuters Intel’s $25B Terafab Deal - Your Chance To Cash Out (NASDAQ:INTC) Seeking Alpha
Intel stock soars 9% after joining Musk’s high-stakes Terafab, Wedbush flags funding risks Yahoo! Finance Canada Intel joins Musk's Terafab AI chip project to power humanoid, data center goals Reuters Intel’s $25B Terafab Deal - Your Chance To Cash Out (NASDAQ:INTC) Seeking Alpha
Meta Superintelligence Labs is launching its first model since Mark Zuckerberg spent billions overhauling the company's AI efforts. Called Muse Spark, the model now powers the Meta AI app and the Meta AI website in the US, per the company's announcement. In the coming weeks, Meta says, it will appear in WhatsApp, Instagram, Facebook, Messenger, and Meta's smart glasses, as well as roll out in othe...
Meta Superintelligence Labs is launching its first model since Mark Zuckerberg spent billions overhauling the company's AI efforts. Called Muse Spark, the model now powers the Meta AI app and the Meta AI website in the US, per the company's announcement. In the coming weeks, Meta says, it will appear in WhatsApp, Instagram, Facebook, Messenger, and Meta's smart glasses, as well as roll out in other countries. Like Google Gemini, which easily integrates into Google's product suite, Meta touts Muse Spark as "purpose-built for Meta's products." The model, the first in a new series, will also be available to some of Meta's partners in private … Read the full story at The Verge.
JHVEPhoto/iStock Editorial via Getty Images Intel Corporation ( INTC ) has staged its biggest intraday gain of close to 9% earlier this month following the disclosure of its $14.2 billion buyout of Apollo’s 49% stake in Fab 34. Previously a joint venture, the repurchased stake in Fab 34 located in Ireland has largely been interpreted by market as a statement of confidence from management in Intel’...
JHVEPhoto/iStock Editorial via Getty Images Intel Corporation ( INTC ) has staged its biggest intraday gain of close to 9% earlier this month following the disclosure of its $14.2 billion buyout of Apollo’s 49% stake in Fab 34. Previously a joint venture, the repurchased stake in Fab 34 located in Ireland has largely been interpreted by market as a statement of confidence from management in Intel’s growth outlook. This momentum was further complemented by Intel’s confirmed collaboration with Elon Musk’s Terafab semiconductor manufacturing project yesterday (April 7). Similar to recent partnerships and capital injections from Nvidia ( NVDA ), SoftBank ( SFTBY / SFTBF ), and the U.S. government, the Terafab collaboration represents a welcomed catalyst, as it represents an incremental revenue opportunity, while also providing validation to Intel’s technological relevance amid intensifying competition. However, limited details surrounding the deal size, collaboration scope and realization timeline of the Terafab opportunity remain insufficient to conclude a durable comeback for Intel – especially as its underlying unit economics remain exposed to uncertainties amid elevated execution risks discussed in the previous coverage . For now, the Terafab collaboration looks more like a sentiment driver than a tangible operating inflection, lending limited relief to Intel’s key overhang, which is Foundry’s steep loss profile. This is compounded by Intel’s increased leverage to fund the buyout of Apollo’s 49% stake in Fab 34, furthering intensive capital commitments to a foundry strategy that still faces an uncertain external customer adoption outlook. While the latest “one-two punch” represented by Intel’s Fab 34 buyout and Terafab collaboration have been beneficial to its narrative, structural evidence that execution risks are now behind the company remain limited. This is expected to keep the recent headline rally at risk of volatility, as the stock’s premium continues to lack...
JHVEPhoto/iStock Editorial via Getty Images Intel Corporation ( INTC ) has staged its biggest intraday gain of close to 9% earlier this month following the disclosure of its $14.2 billion buyout of Apollo’s 49% stake in Fab 34. Previously a joint venture, the repurchased stake in Fab 34, located in Ireland, has largely been interpreted by the market as a statement of confidence from management in ...
JHVEPhoto/iStock Editorial via Getty Images Intel Corporation ( INTC ) has staged its biggest intraday gain of close to 9% earlier this month following the disclosure of its $14.2 billion buyout of Apollo’s 49% stake in Fab 34. Previously a joint venture, the repurchased stake in Fab 34, located in Ireland, has largely been interpreted by the market as a statement of confidence from management in Intel’s growth outlook. This momentum was further complemented by Intel’s confirmed collaboration with Elon Musk’s Terafab semiconductor manufacturing project yesterday (April 7). Similar to recent partnerships and capital injections from Nvidia ( NVDA ), SoftBank ( SFTBY / SFTBF ), and the U.S. government, the Terafab collaboration represents a welcome catalyst, as it represents an incremental revenue opportunity while also providing validation to Intel’s technological relevance amid intensifying competition. However, limited details surrounding the deal size, collaboration scope, and realization timeline of the Terafab opportunity remain insufficient to conclude a durable comeback for Intel – especially as its underlying unit economics remain exposed to uncertainties amid elevated execution risks discussed in the previous coverage . For now, the Terafab collaboration looks more like a sentiment driver than a tangible operating inflection, lending limited relief to Intel’s key overhang, which is Foundry’s steep loss profile. This is compounded by Intel’s increased leverage to fund the buyout of Apollo’s 49% stake in Fab 34, furthering intensive capital commitments to a foundry strategy that still faces an uncertain external customer adoption outlook. While the latest “one-two punch” represented by Intel’s Fab 34 buyout and Terafab collaboration has been beneficial to its narrative, structural evidence that execution risks are now behind the company remains limited. This is expected to keep the recent headline rally at risk of volatility, as the stock’s premium continues to...
Michael M. Santiago/Getty Images News Robinhood ( HOOD ) has done what many have thought impossible. It has innovated in a seemingly commoditized brokerage industry while posting best-in-class profit margins. The stock has experienced some volatility as of late, but the valuation still represents a considerable premium to peers. I am upgrading the stock to a "N eutral" rating to reflect the recent...
Michael M. Santiago/Getty Images News Robinhood ( HOOD ) has done what many have thought impossible. It has innovated in a seemingly commoditized brokerage industry while posting best-in-class profit margins. The stock has experienced some volatility as of late, but the valuation still represents a considerable premium to peers. I am upgrading the stock to a "N eutral" rating to reflect the recent de-risking in valuations. HOOD Stock Price I last covered HOOD in January , where I reiterated my "S ell" rating as I felt that investors were overlooking the upcoming tough comparables. The stock has fallen 36% since. Data by YCharts While the stock still trades at a pronounced premium to peers, it is time for an upgrade. HOOD Stock Key Metrics HOOD is a brokerage platform that some consider to be the most well-known retail brokerage. I view it differently: HOOD aims to be a disruptor in a historically commoditized brokerage market. While it is true that many features rolled out by the company end up proving replicable by peers, HOOD has gained a reputation for being an innovator, and I expect this to help it continue winning market share. 2025 Q4 Presentation The company continues investing in its premium membership, including its credit card lineup. These Gold subscribers offer not only a lucrative stream of fee revenue but also tend to be power users. 2025 Q4 Presentation In the fourth quarter, HOOD generated 27% YoY revenue growth to $1.28 billion. This was a steep deceleration from the 100% growth rate of the third quarter. These are strong numbers, but as we can see below, the company is now lapping tough comparables. 2025 Q4 Presentation The company generated 15% YoY growth in transaction-based revenues, which I view to be the more cyclical of its revenue streams. 2025 Q4 Presentation Net interest revenues jumped 39% YoY, helping to offset the slowdown in transaction-based revenues. That said, we can see below that the company is likely to start lapping tougher com...
NoDerog The technology sector had a turbulent start to the year, with a broad selloff compounded by pressures from the U.S.–Iran conflict and broader global market weakness. The State Street Technology Select Sector SPDR ETF ( XLK ) fell 7.90% in the first quarter, underperforming the wider market, which declined 4.81% over the same period. As companies prepare to report their results for the quar...
NoDerog The technology sector had a turbulent start to the year, with a broad selloff compounded by pressures from the U.S.–Iran conflict and broader global market weakness. The State Street Technology Select Sector SPDR ETF ( XLK ) fell 7.90% in the first quarter, underperforming the wider market, which declined 4.81% over the same period. As companies prepare to report their results for the quarter gone by, FactSet analyst John Butters noted that 59 out of 110 companies have issued positive EPS guidance, the highest in five years. The majority of these positive earnings projections were concentrated in the information technology and energy sectors. The tech sector stood out with the highest number of companies issuing positive EPS guidance. Overall, 33 tech firms projected a positive EPS for the quarter. “This quarter ties the mark with the previous quarter for the second-highest number of companies in the information technology sector issuing positive EPS guidance for a quarter since FactSet began tracking this metric in 2006. The current record is 36, which occurred in Q3 2025,” Butters said. Within the information technology sector, the semiconductors and semiconductor equipment industry leads in positive EPS guidance, with 10 companies issuing upbeat forecasts. Mirroring EPS guidance trends, the information technology sector leads all 11 sectors with 47 companies issuing positive revenue guidance. This also marks a record high for the sector since FactSet began tracking the metric in 2006, surpassing the previous peak of 45 in Q2 2021. According to Seeking Alpha’s Quant rating system, the sector has an average health score of 3.12. The system awards grades based on quantitative measures, like valuation, earnings growth, and recent stock performance. The highest possible score for any individual company is a 5. Among individual companies in the tech sector, 47 stocks were rated as Buy or higher based on their Quant ratings, 200 stocks were rated Neutral, and 33...
In this article META Follow your favorite stocks CREATE FREE ACCOUNT Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company's headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is debuting its first major artificial intelligence model since the costly hiring of Scale AI's Alexandr Wang nine months ago, as the Facebook pare...
In this article META Follow your favorite stocks CREATE FREE ACCOUNT Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company's headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is debuting its first major artificial intelligence model since the costly hiring of Scale AI's Alexandr Wang nine months ago, as the Facebook parent aims to carve out a niche in a market that's being dominated by OpenAI, Anthropic and Google . Dubbed Muse Spark and originally codenamed Avocado , the AI model announced Wednesday is the first from the company's new Muse series developed by Meta Superintelligence Labs, the AI unit that Wang oversees. Wang joined Meta in June as part of the company's $14.3 billion investment in Scale AI, where he was CEO. Meta is desperate to regain momentum in the fiercely competitive AI market following the disappointing debut of its latest open-source models last April. The release failed to captivate developers, leading CEO Mark Zuckerberg to pivot his strategy. "Over the last nine months, Meta Superintelligence Labs rebuilt our AI stack from the ground up, moving faster than any development cycle we have run before," Meta said in a blog post on Wednesday. "This initial model is small and fast by design, yet capable enough to reason through complex questions in science, math, and health. It is a powerful foundation, and the next generation is already in development." Meta isn't positioning Muse Spark as a top-of-the-line model, but is instead highlighting its efficiency and "competitive performance" on various tasks. The new Muse Spark will be proprietary, instead of open source, with the company saying there is "hope to open-source future versions of the model." The company had been taking an open-source approach to AI with its Llama family of models. Meta said in a technical blog about the new model that that improved AI training techniques along with rebuilt technology infrastruct...
In 2020, Annabelle Gurwitch went to urgent care for a COVID-19 test and learned she had cancer. She writes about life as a "cancer slacker" in her memoir, The End of My Life is Killing Me.
In 2020, Annabelle Gurwitch went to urgent care for a COVID-19 test and learned she had cancer. She writes about life as a "cancer slacker" in her memoir, The End of My Life is Killing Me.
Most of Bitcoin’s gains have come while Wall Street sleeps. Now a new exchange-traded fund is built to ride that pattern — buying Bitcoin at the market close and selling before the open, while investing in Treasuries during the day. The Nicholas Bitcoin and Treasuries AfterDark ETF, filed with the US Securities and Exchange Commission in December under the ticker NGHT , made its debut on Wednesday...
Most of Bitcoin’s gains have come while Wall Street sleeps. Now a new exchange-traded fund is built to ride that pattern — buying Bitcoin at the market close and selling before the open, while investing in Treasuries during the day. The Nicholas Bitcoin and Treasuries AfterDark ETF, filed with the US Securities and Exchange Commission in December under the ticker NGHT , made its debut on Wednesday. The product is designed around a striking disconnect in Bitcoin’s return profile. Since BlackRock Inc. ’s iShares Bitcoin Trust ETF (ticker IBIT ) launched in January 2024, overnight price gaps — measured from the market close to the following day’s open — have generated a roughly 200% gain, according to Bespoke Investment Group , a figure that outpaces a buy-and-hold strategy that rose more than 40%. In contrast, the tactic that involves buying at the open and selling at the close a loss of more than 50%. The fund, managed by boutique wealth manager Nicholas Wealth, will take long Bitcoin exposure via swaps at 4 p.m. Eastern time and exit by 9:30 a.m. the following morning. During US trading hours, capital rotates into short-term Treasuries. It does not hold Bitcoin directly. “We think of diversification, typically, as asset class diversification,” said David Nicholas, CEO of Nicholas Wealth. “But really there may be a new segment of diversification, which is time diversification.” Nicholas said the ETF wrapper offers a tax advantage over investors attempting the strategy themselves, because the fund’s daily buying and selling doesn’t generate taxable events for shareholders the way individual trades would. The overnight-versus-intraday split in Bitcoin mirrors a pattern that has been well-documented in equities for decades. Research from the Federal Reserve Bank of New York and academics published in 2021 found that the bulk of the equity risk premium in the S&P 500 has historically accrued outside regular trading hours, a phenomenon sometimes referred to as the overnig...
alexsl Inhibrx Biosciences ( INBX ) traded higher on Wednesday after Stifel launched its coverage of the cancer drug developer with a Buy recommendation and a $150 price target, citing the potential of its lead assets, ozekibart and INBRX-106. Analyst Dara Azar noted that ozekibart and INBRX-106 are designed to target DR5 and OX40, respectively, which he identified as two of the most highly sought...
alexsl Inhibrx Biosciences ( INBX ) traded higher on Wednesday after Stifel launched its coverage of the cancer drug developer with a Buy recommendation and a $150 price target, citing the potential of its lead assets, ozekibart and INBRX-106. Analyst Dara Azar noted that ozekibart and INBRX-106 are designed to target DR5 and OX40, respectively, which he identified as two of the most highly sought-after receptors in oncology. The analyst estimates $5.3B - $5.8B in risk-unadjusted sales for the candidates, a projection he said "remains largely unpriced at current levels even after appropriate risk adjustments.” INBRX-106 is a hexavalent agonist targeted at head and neck squamous cell carcinoma, and ozekibart is a tetravalent agonist targeted at colorectal cancer and a rare cancer called chondrosarcoma. “We think this is only the visible portion of the investment case," the analyst wrote, adding that "there is an emerging or theoretical much larger upside tied to these assets’ broader utility and the platform that could lift that peak estimate substantially." More on Inhibrx Biosciences Inhibrx Biosciences FY25 Review: Catalyst-Driven Hold Ahead Of Key 2026 Data Inhibrx: Ozekibart Beyond Chondrosarcoma, With Other Targeted Indications, Too Seeking Alpha’s Quant Rating on Inhibrx Biosciences Historical earnings data for Inhibrx Biosciences Financial information for Inhibrx Biosciences
Firefly Aerospace ( FLY ) announced a new collaboration with Nvidia ( NVDA ) to enable rapid on-orbit processing in lunar orbit for the company's Ocula Moon imaging service. As part of the collaboration, an Nvidia ( NVDA ) Jetson module was embedded on high-resolution Lawrence Livermore National Laboratory telescopes and delivered to Firefly's ( FLY ) spacecraft facility ahead of integration on it...
Firefly Aerospace ( FLY ) announced a new collaboration with Nvidia ( NVDA ) to enable rapid on-orbit processing in lunar orbit for the company's Ocula Moon imaging service. As part of the collaboration, an Nvidia ( NVDA ) Jetson module was embedded on high-resolution Lawrence Livermore National Laboratory telescopes and delivered to Firefly's ( FLY ) spacecraft facility ahead of integration on its Elytra orbital vehicle. "Ocula will be powered by the world’s leading edge AI processor. This capability allows us to layer on our SciTec AI software as the ‘brains’ that give customers real-time, data-driven insights from the Moon," highlighted Firefly Aerospace ( FLY ) CEO Jason Kim. The Ocula service will be activated onboard Elytra as part of Firefly's ( FLY ) second mission to the Moon, which is targeted to launch no earlier than late 2026. Elytra will first serve as a transfer vehicle and long-haul communications relay for Firefly’s Blue Ghost lander. Elytra will then remain operational in lunar orbit for approximately five years, capturing continuous imagery for the Ocula service, supporting advanced lunar surface mapping, mineral detection, and reconnaissance. Firefly ( FLY ) said its AI-powered software will further enable advanced space domain awareness in lunar orbit. Following Blue Ghost Mission 2, Firefly ( FLY ) is on contract to deploy two additional Elytra vehicles to lunar orbit as part of Blue Ghost Mission 3 and Mission 4, enabling faster revisit times for space domain awareness, lunar surface mapping, and resource detection. Shares of Firefly Aerospace ( FLY ) rallied 9.8% in early afternoon trading and carved out a new 2026 high earlier in the session. More on Firefly Aerospace Inc. Firefly Aerospace: Shares Have Yet To Price In Growth Firefly Aerospace: No Profits, No Bull Case Firefly Aerospace Inc. (FLY) Q4 2025 Earnings Call Transcript SA Asks: What's the most attractive space stock right now? Lockheed Martin, Firefly test rapid-launch capabilitie...
Sunshine Seeds/iStock via Getty Images Investment Thesis I reiterate the recommendation to sell assets that track oil and buy assets that track oil companies. Fortunately, the Iran conflict did not escalate into a catastrophic situation, and a 14-day ceasefire was a nnounced. My intention with this article is to share my perceptions on the topic and show the clearest investment thesis given this s...
Sunshine Seeds/iStock via Getty Images Investment Thesis I reiterate the recommendation to sell assets that track oil and buy assets that track oil companies. Fortunately, the Iran conflict did not escalate into a catastrophic situation, and a 14-day ceasefire was a nnounced. My intention with this article is to share my perceptions on the topic and show the clearest investment thesis given this situation. The Chronology of the Ceasefire The situation in Iran was heading towards a tragic outcome as the deadline imposed by President Trump passed. The US attacked the island of Kharg in Iran, and President Trump even claimed that an entire civilization would die that night. Fortunately, the situation headed towards a positive outcome. News reports indicate that Pakistan was responsible for mediating the situation. Initially, the country's authorities asked American authorities to increase the negotiation period to two weeks. In return, the Pakistani Prime Minister requested the Iranians to agree to reopen the Strait of Hormuz for two weeks. President Trump published on Truth Social that he decided to postpone the attacks, and Iran's Supreme Security Council indicated that negotiations with the United States will begin on Friday, April 10, in Islamabad, after presenting a 10-point proposal. Although this truce does not signal the end of the war, it is a great relief! The first ships have already started crossing the Strait of Hormuz, as we can see below. The stock market reacted positively to this truce. Hormuz Traffic (Marine Traffic) Impact on the Stock Market As a consequence of the ceasefire, the stock market, represented by Dow Futures, S&P Futures, and Nasdaq Futures, is expected to soar. At the same time, oil fell below $100 due to expectations of an increase in supply with the reopening of the Strait. Prices (SA) All the data mentioned above serves as a background to understand the current scenario. Now, I am able to provide my outlook for the future, such as wh...