Key Points The Morgan Stanley pundit now believes the stock is a buy. He waxed positive about the company's recent collaboration with a monster EV maker. 10 stocks we like better than Lemonade › An analyst move on Tuesday sweetened investor sentiment toward next-generation insurance company Lemonade (NYSE: LMND), as did developments in the technology that pundit was bullish about. With that, the s...
Key Points The Morgan Stanley pundit now believes the stock is a buy. He waxed positive about the company's recent collaboration with a monster EV maker. 10 stocks we like better than Lemonade › An analyst move on Tuesday sweetened investor sentiment toward next-generation insurance company Lemonade (NYSE: LMND), as did developments in the technology that pundit was bullish about. With that, the stock rose by more than 16% over the course of the week, according to data compiled by S&P Global Market Intelligence. Accelerating momentum The analyst was Bob Huang of ever-influential investment bank Morgan Stanley. He upgraded his recommendation on Lemonade to overweight (read: buy) from equalweight (hold). He also raised his price target to $85 per share, up from $80. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » According to reports, Huang's new take centers on Lemonade's integration with electric vehicle (EV) incumbent Tesla's onboard vehicle data (if the car's owner provides permission, of course). The insurer is offering a generous 50% discount on insurance for Tesla drivers who engage the full self-driving (FSD) feature in their vehicles. This positions Lemonade to be something of a first mover in the inevitable explosion of autonomous vehicles, which are already prowling the streets in selected American cities. Ahead of the pack Huang's accurate assessment of Lemonade's potential in the burgeoning self-driving space was bolstered by a major development. On Thursday, EV maker Rivian and rideshare king Uber announced a large-scale partnership, under which Uber will invest up to $1.25 billion in Rivian, and the two companies will together launch tens of thousands of self-driving R2 robotaxis. After a series of fits and starts, the momentum for self-driving technology is clearly accelerating. We c...
Qatar Dethroned As 'LNG King' As U.S. Seizes Throne, Reshaping Future Of Gas Submitted by Criterion Research President, James Bevan , The geopolitical calculus underpinning global LNG supply through the early 2030s has shifted materially . Iranian drone strikes on Qatari LNG trains, delays to key expansion projects, and the indefinite closure of the Strait of Hormuz have created a compounding thre...
Qatar Dethroned As 'LNG King' As U.S. Seizes Throne, Reshaping Future Of Gas Submitted by Criterion Research President, James Bevan , The geopolitical calculus underpinning global LNG supply through the early 2030s has shifted materially . Iranian drone strikes on Qatari LNG trains, delays to key expansion projects, and the indefinite closure of the Strait of Hormuz have created a compounding threat to Qatar's LNG position that goes well beyond a construction delay. What had been framed as a two-horse race for global LNG market share now looks considerably more one-sided. The beneficiary is clear: U.S. Gulf Coast LNG. At Criterion Research , our outlook is for US LNG exports to nearly double by 2030, with further upside in the coming decade. Qatar's Gap Is Large and Getting Larger While Qatar’s loss of 12.8 MTPA for 3 to 5 years due to Iranian strikes is a serious blow to Qatar’s 77 MTPA export capacity, it is not a global catastrophe on its own. What is worrying is that Iran has demonstrated the potential for further strikes, which means that even restored capacity cannot be treated as a stable floor. Even if onshore facilities are repaired and the Strait is nominally reopened, LNG tanker operators and their insurers are unlikely to resume normal transits until they have, over time, earned confidence that vessels are not exposed to strikes or mines. That confidence cannot be declared by a government. It has to be proven through sustained safety in a conflict environment with no clear resolution, a process that could take months or years, regardless of the physical state of Qatar's terminals. Molecules that cannot move to market are effectively stranded, and the Strait of Hormuz shipping constraint is the piece that is hardest to resolve through engineering or diplomacy alone. Beyond current Qatari volumes being impacted, Qatar's three-phase North Field expansion program, encompassing NFE, NFS, and North Field West, was designed to lift total liquefaction capacity f...
X-Energy Inc. filed for a US initial public offering, becoming the latest firm to advance public listing plans despite turmoil in the Middle East souring risk sentiment. The Rockville, Maryland-based company had a net loss of roughly $390 million on revenue of $94 million, not including grants, last year, compared with a net loss of $126 million on revenue of $84 million a year earlier, according ...
X-Energy Inc. filed for a US initial public offering, becoming the latest firm to advance public listing plans despite turmoil in the Middle East souring risk sentiment. The Rockville, Maryland-based company had a net loss of roughly $390 million on revenue of $94 million, not including grants, last year, compared with a net loss of $126 million on revenue of $84 million a year earlier, according to a Friday filing with the US Securities and Exchange Commission. The filing comes as fears about an escalation of the war in Iran boosted oil prices and hammered stocks and bonds after CBS reported the Pentagon is preparing to deploy ground forces into Iran. For the latest news on equity capital markets activity in the US, Canada and Latin America, follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . X-Energy designs next-generation nuclear reactor technologies and makes advanced nuclear fuel. Its reactors use so-called Triso pellets, or tristructural isotropic, poppyseed-sized uranium beads that burn hotter and longer than conventional fuel. The company raised roughly $700 million late last year in a deal led by Jane Street with participation from investors including ARK Invest, Galvanize, Point72, and Ares Management funds. A deal to go public through a merger with a blank-check firm backed by private equity company Ares Management was called off in 2023. X-energy is using its small modular reactor and TRISO-X fuel in projects with Dow Inc. , Amazon.com Inc. , and Centrica . Read More: Amazon-Backed Nuclear Company Gets US Approval for Reactor Fuel The offering is being led by JPMorgan Chase & Co. , Morgan Stanley , Jefferies Financial Group Inc. , and Moelis & Co. The company will be listed on the Nasdaq Stock Market under the symbol XE.
The major indexes broke long-term support as oil prices and bond yields soar. President Trump said late Friday he's mulling "winding down" the Iran war hours after saying that was not "acceptable."
The major indexes broke long-term support as oil prices and bond yields soar. President Trump said late Friday he's mulling "winding down" the Iran war hours after saying that was not "acceptable."
The Good Brigade/DigitalVision via Getty Images March 20 was a phenomenal day for shareholders of Torrid Holdings ( CURV ). Shares of the direct-to-consumer retailer shot up 28% after management announced financial results for the final quarter of the company's 2025 fiscal year. Although revenue continued declining, and profitability worsened, the fact that sales and earnings per share both came i...
The Good Brigade/DigitalVision via Getty Images March 20 was a phenomenal day for shareholders of Torrid Holdings ( CURV ). Shares of the direct-to-consumer retailer shot up 28% after management announced financial results for the final quarter of the company's 2025 fiscal year. Although revenue continued declining, and profitability worsened, the fact that sales and earnings per share both came in above what analysts anticipated sent the stock up drastically. In fact, thanks to this, the stock is now up 69.4% since I reaffirmed it as a "Sell" candidate back in December of last year. This is at a time when the S&P 500 is down 5.3%. At first glance, this might make it seem as though my call on the company was horribly wrong. But in the grand scheme of things, it was actually pretty accurate. You see, since I originally rated it a "Sell" in June of last year, the stock has fallen 66.3%. The market, meanwhile, is up only 8.9% over that time. This plunge in share price can really be attributed to continued structural weakness for the company. Declining comparable store sales and management's decision to close down underperforming locations sent revenue, profits, and cash flows all down substantially over the last couple of years. In my last article, I acknowledged that the company was still trading at very low multiples. But with management not even willing to provide guidance, bad optics centered around share buyback activities, and rising net debt, I argued that a bearish stance was more appropriate. But now, with these latest earnings, management has come out with relatively detailed guidance, and data suggests that the worst is now over. We will probably still see revenue fall for the foreseeable future. But on the bottom line, we are seeing signs of growth. This justifies, in my view, upgrading the stock to a "Hold" at this time. A great quarter, all things considered After the market closed on March 19, the management team at Torrid Holdings reported financial res...
Despite taking the lead twice, Manchester United are held to a 2-2 draw at Bournemouth and have Harry Maguire sent off as they drop points in the race for a top-four finish in the Premier League. MATCH REPORT: Bournemouth 2-2 Manchester United Available to UK users only.
Despite taking the lead twice, Manchester United are held to a 2-2 draw at Bournemouth and have Harry Maguire sent off as they drop points in the race for a top-four finish in the Premier League. MATCH REPORT: Bournemouth 2-2 Manchester United Available to UK users only.
Richard Drury/DigitalVision via Getty Images Every now and then, I come across a company that flies under the radar that has the potential to be huge. The last one like that was Nebius ( NBIS ), which I first wrote up here in December '24. I recently came across an unusual company called A2Z Cust2Mate Solutions ( AZ ). That's a mouthful, so I'll just refer to it as AZ. AZ's main product is a smart...
Richard Drury/DigitalVision via Getty Images Every now and then, I come across a company that flies under the radar that has the potential to be huge. The last one like that was Nebius ( NBIS ), which I first wrote up here in December '24. I recently came across an unusual company called A2Z Cust2Mate Solutions ( AZ ). That's a mouthful, so I'll just refer to it as AZ. AZ's main product is a smart shopping cart for grocery stores. It is a tablet-like device that attaches to standard shopping cart handles and is connected to a scale at the bottom of the cart. AZ Shopping Cart (AZ web site) The device allows shoppers to upload shopping lists and then shows them where in the store the items are. They can scan items as they put them into the cart and pay through the device. Once they're done, they put the device back on a charging station and wheel the cart to the parking lot. Stores and customers win with this solution. Stores like it for several reasons. As a mobile checkout station, it reduces the need for cashiers or self-check stations. That reduces cost and frees up real estate. Also, the camera-equipped device sees everything that goes into the cart. This helps cut down on theft. Beyond reducing these costs, the device increases revenue. Shoppers can upload their shopping lists to the device. Algorithms within the device can see ingredients for pasta sauce, and suggest add-ons: basil, parmesan, fresh pasta, etc. Customers also sign into the device, and therefore purchase history is available. Let's say they always buy bananas, but don't one week. The device can ask, "Did you forget bananas?" The company has rolled out these carts in two chains in Israel. They have reported 17% increase in baskets. So stores get a revenue bump and a cost reduction. Customers like it for the convenience of not waiting online to checkout and for the improved shopping experience like the suggestions. A2Z table (A2Z December Investor Presentation) The Business Model The company follow...
Hong Kong’s poor industrial safety record has been tainted by yet another fatal accident. The tower crane collapse that killed the 62-year-old operator at a Kwai Chung public housing construction site on Thursday once again shone the spotlight on the city’s poor work safety culture and slack supervision. With major construction work now under way at the Northern Metropolis and other development pr...
Hong Kong’s poor industrial safety record has been tainted by yet another fatal accident. The tower crane collapse that killed the 62-year-old operator at a Kwai Chung public housing construction site on Thursday once again shone the spotlight on the city’s poor work safety culture and slack supervision. With major construction work now under way at the Northern Metropolis and other development projects, it is time for a solemn reflection. Despite a wealth of guidelines and safeguards enshrined in law, the recurrence of such mishaps signals failures in adherence at multiple levels. In the latest accident, a 45-metre section of the crane plummeted onto a slope, dragging the operator in his cabin to his death. The crane, which underwent weekly inspections, including one that morning, was moving a metal structure when it collapsed. The main contractor involved, Woon Lee Construction, was fined by authorities over two deadly incidents at its sites in 2009 and 2011. Advertisement Just two months ago, three fatal accidents happened within a week at separate work sites. Three workers lost their lives and several others were injured. The Labour Department lodged 22 industrial fatalities in 2024, including 14 in the construction sector. Secretary for Labour and Welfare Chris Sun Yuk-han’s pledge at the time for a swift investigation and accountability was welcome. But it also raised questions about whether lessons were learned following a high-profile crane collapse tragedy that killed three people and injured six others at a housing construction site in Sau Mau Ping in 2022. Advertisement There is no shortage of rules and sanctions to ensure that construction and other industrial workers are protected at work. Yet more must be done. It is intolerable that Hong Kong’s appetite for development comes with such high human costs. Low awareness, judgment lapses, lax oversight and complacency often turn workplaces into potential death traps.
"The fear that I have is Pauline Hanson and her dog whistling has such an effect on the Labor and Liberal Party that they are too scared to take the defence of the Muslim community, because it's political suicide for them," he said. "So we're left to fend for ourselves."
"The fear that I have is Pauline Hanson and her dog whistling has such an effect on the Labor and Liberal Party that they are too scared to take the defence of the Muslim community, because it's political suicide for them," he said. "So we're left to fend for ourselves."
"The damage to US bases in the region has been underreported," said Mark Cancian, a CSIS senior adviser and co-author of the think tank study. "Although that appears to be extensive, the full amount won't be known until more information is available."
"The damage to US bases in the region has been underreported," said Mark Cancian, a CSIS senior adviser and co-author of the think tank study. "Although that appears to be extensive, the full amount won't be known until more information is available."
Key Points Inherent Management Corp. purchased 200,050 shares of Sotera Health in the fourth quarter. The quarter-end Sotera Health position value increased by $5.39 million as a result of the purchase. Sotera Health now represents 10.62% of fund AUM. 10 stocks we like better than Sotera Health › In a February 17, 2026, filing, Inherent Management Corp. disclosed buying 200,050 Sotera Health Compa...
Key Points Inherent Management Corp. purchased 200,050 shares of Sotera Health in the fourth quarter. The quarter-end Sotera Health position value increased by $5.39 million as a result of the purchase. Sotera Health now represents 10.62% of fund AUM. 10 stocks we like better than Sotera Health › In a February 17, 2026, filing, Inherent Management Corp. disclosed buying 200,050 Sotera Health Company (NASDAQ:SHC) shares, an estimated $3.31 million trade based on quarterly average pricing. What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Inherent Management Corp. increased its position in Sotera Health Company (NASDAQ:SHC) by 200,050 shares during the fourth quarter. The estimated value of shares acquired is approximately $3.31 million, based on the average closing price for the period. At quarter-end, the position’s reported value rose by $5.39 million, a figure that incorporates both the additional shares and changes in Sotera Health's share price. What else to know Inherent Management Corp. executed a buy; Sotera Health now accounts for 10.6% of the fund's 13F assets under management. Top holdings after the filing: NYSEMKT:VEA: $73.18 million (37.6% of AUM) NYSEMKT:IEMG: $27.94 million (14.3% of AUM) NASDAQ:PAX: $23.58 million (12.1% of AUM) NYSE:NEE: $20.87 million (10.7% of AUM) NASDAQ:SHC: $20.69 million (10.6% of AUM) As of Friday, Sotera Health shares were priced at $13.50, up 13% over the past year and underperforming the S&P 500’s roughly 16% gain in the same period. Company overview Metric Value Revenue (TTM) $1.16 billion Net Income (TTM) $77.9 million Price (as of Friday) $13.50 Company snapshot Sotera Health provides sterilization services (gamma, electron beam, EO processing), lab testing, and advisory solutions for medical device, pharmaceutical, food, and specialty industries. The firm generates revenue from sterilization, laboratory testing, and advisory services. It serves medical device manufactu...