“Sorrows they come not in single spies but in battalions.” Keir Starmer might nod along to that line from Hamlet this weekend. Every single one of the difficulties for the government is converging in the fall out from the Iran war. A consequence of this energy shock is that inflation will rise. A month ago everyone was debating when the Bank of England would cut rates. Now traders are pricing in m...
“Sorrows they come not in single spies but in battalions.” Keir Starmer might nod along to that line from Hamlet this weekend. Every single one of the difficulties for the government is converging in the fall out from the Iran war. A consequence of this energy shock is that inflation will rise. A month ago everyone was debating when the Bank of England would cut rates. Now traders are pricing in multiple rate rises this year and whereas at the start of this re-evaluation, wise observers thought they were being overly skittish, now even cool-headed analysts wonder if they may be right. The UK already had high energy costs in peacetime, now in war time the screw is tightening. The government had worked hard to build back up a fiscal buffer but that is being squeezed not only by higher borrowing costs — today 10 year gilts reached their highest level since the start of the financial crisis in 2008 — but by demands to support the poorest with their energy bills. This afternoon, Cornwall Insights forecast a 20% surge in the energy price cap over the summer. Morwenna Coniam has a must-read analysis below on the day in bonds. One of Starmer’s cabinet ministers came out yesterday to urge her government to relax their fiscal rules to enable more borrowing — something that would-be leadership contender Angela Rayner recently reassured investors a Labour government would not do. This talk of relaxing the fiscal rules is one of the elements making the markets so anxious today . Lastly, as we’ve written so many times — these demands on the public purse come on top of the need for more defence spending. All in, I suspect the PM will welcome the distraction of his beloved Arsenal playing in a Wembley final. But I also wonder if the scale of this crisis could actually protect Keir Starmer even if May’s elections are bad — “it’s no time for a novice” and all. The excellent guide here sets out the sheer supernova of consequences already flowing around the globe from the strikes this ...
Arseniy45 Brent Crude oil ( CO1:COM ) and gasoline prices ( XB1:COM ) are likely to trade in a higher range for the long term as a result of the Iran war, according to Tobin Marcus, head of policy and politics at Wolfe Research. Marcus told CNBC that the conflict’s focus on the Strait of Hormuz and the difficulty of reopening it militarily point toward a prolonged confrontation with significant ec...
Arseniy45 Brent Crude oil ( CO1:COM ) and gasoline prices ( XB1:COM ) are likely to trade in a higher range for the long term as a result of the Iran war, according to Tobin Marcus, head of policy and politics at Wolfe Research. Marcus told CNBC that the conflict’s focus on the Strait of Hormuz and the difficulty of reopening it militarily point toward a prolonged confrontation with significant economic consequences. Marcus explained that market participants expect elevated energy prices due to permanent damage to regional infrastructure and geopolitical uncertainty. “The long-term impact is likely to still have Brent in a higher trading range, gas in a higher trading range based on both that permanent damage to infrastructure,” he said, pointing to the Iranian strike on Qatar gas fields that “is going to take years to fully restore their production.” Without total regime change and stability, Marcus noted that increased demand for inventory and preparation for future disruptions will keep prices elevated. Marcus warned that withdrawing before demonstrating the ability to reopen the strait militarily would create a dangerous precedent, noting that Iran is “openly speculating about trying to use this as a tollbooth going forward either to extract money or to extract geopolitical concessions.” Current market conditions have not yet reached the point where they would force a policy change from the administration, according to Marcus. With the stock market still only 5% off all-time highs and oil prices ( CL1:COM ), ( CO1:COM ) settling in the $90 to $100 range, he suggested U.S. President Donald Trump’s “strike price” for intervention remains far beyond current levels. “These are not great outcomes, but they’re not the kind of thing that’s going to force the president to make what he thinks is a militarily unwise” decision, Marcus said. Marcus expressed skepticism about more optimistic assessments, including those from former Secretary of State Mike Pompeo, regarding t...
When Netflix (NFLX 0.49%) reports first-quarter 2026 earnings on April 16, Warner Bros Discovery will no longer be a distraction. That means investors will pay more attention to factors like ad revenue, margins, and free cash flow. Depending on what happens with those, we'll likely see the stock price find its next short-term direction. No. 1: Ad-based revenue In 2025, ad revenue of about $1.5 bil...
When Netflix (NFLX 0.49%) reports first-quarter 2026 earnings on April 16, Warner Bros Discovery will no longer be a distraction. That means investors will pay more attention to factors like ad revenue, margins, and free cash flow. Depending on what happens with those, we'll likely see the stock price find its next short-term direction. No. 1: Ad-based revenue In 2025, ad revenue of about $1.5 billion accounted for roughly 3% of Netflix's total revenue. At an expected $3 billion in 2026, ad revenue should make up close to 6% of total revenue. As long as unexpected issues don't pop up and the rest of the earnings report is strong, ad revenue climbing as fast or faster than expected could be bullish for Netflix shares. Outperformance on that front would show that the streaming giant has another level to pull to boost revenue besides subscription price increases, and that ad sales can be a strategic growth engine. If ad revenue looks weak and is paired with other underwhelming metrics, that could send the stock price lower after the report. No. 2: Margins Netflix says it plans to spend $20 billion on content this year, which can be valuable for the company in the long term, as its large and growing catalog of unique content helps it not only attract new subscribers but also retain them. In the short term, though, investors may worry about how outlays that large affect its profitability, as management's operating margin guidance of 31.5% for 2026 was already below analysts' expectations. If Q1 2026 offers an early preview that margins could be even lower than previously forecast, and if management revises its forecasts downward, that would be concerning for shareholders. If the opposite happens and margins look as expected or better, and are part of an overall strong earnings report, that could help send the stock price higher. No. 3: Free cash flow Robust free cash flow will remain important, as it can help the company fund its extensive content production plans. And s...
Key Points Netflix will report its first-quarter 2026 results on April 16. The streaming giant plans to spend $20 billion on content this year. Investors will want to pay particular attention to ad revenue, margins, and free cash flow in the upcoming report. 10 stocks we like better than Netflix › When Netflix (NASDAQ: NFLX) reports first-quarter 2026 earnings on April 16, Warner Bros Discovery wi...
Key Points Netflix will report its first-quarter 2026 results on April 16. The streaming giant plans to spend $20 billion on content this year. Investors will want to pay particular attention to ad revenue, margins, and free cash flow in the upcoming report. 10 stocks we like better than Netflix › When Netflix (NASDAQ: NFLX) reports first-quarter 2026 earnings on April 16, Warner Bros Discovery will no longer be a distraction. That means investors will pay more attention to factors like ad revenue, margins, and free cash flow. Depending on what happens with those, we'll likely see the stock price find its next short-term direction. 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 » No. 1: Ad-based revenue In 2025, ad revenue of about $1.5 billion accounted for roughly 3% of Netflix's total revenue. At an expected $3 billion in 2026, ad revenue should make up close to 6% of total revenue. As long as unexpected issues don't pop up and the rest of the earnings report is strong, ad revenue climbing as fast or faster than expected could be bullish for Netflix shares. Outperformance on that front would show that the streaming giant has another level to pull to boost revenue besides subscription price increases, and that ad sales can be a strategic growth engine. If ad revenue looks weak and is paired with other underwhelming metrics, that could send the stock price lower after the report. No. 2: Margins Netflix says it plans to spend $20 billion on content this year, which can be valuable for the company in the long term, as its large and growing catalog of unique content helps it not only attract new subscribers but also retain them. In the short term, though, investors may worry about how outlays that large affect its profitability, as management's operating margin guidance of 31.5% for 2026 was already ...
Republican candidate for U.S. Senate Michelle Tafoya — the former NFL sideline reporter — might want to work on how she expresses opinions, especially controversial ones.
Republican candidate for U.S. Senate Michelle Tafoya — the former NFL sideline reporter — might want to work on how she expresses opinions, especially controversial ones.
Dean Mouhtaropoulos/Getty Images News Super Micro ( SMCI ) develops and markets server and storage solutions, currently down 27% around the open following charges on employee smuggling Nvidia AI chips into China. SMCI's stock has already been depressed with contracting margins, as the server market is extremely competitive with massive players like Dell, but one of the main issues of SMCI has star...
Dean Mouhtaropoulos/Getty Images News Super Micro ( SMCI ) develops and markets server and storage solutions, currently down 27% around the open following charges on employee smuggling Nvidia AI chips into China. SMCI's stock has already been depressed with contracting margins, as the server market is extremely competitive with massive players like Dell, but one of the main issues of SMCI has started to show signs again despite solid sales in Q2 FY26, which is extreme mistrust of SMCI's management and its previous history. Despite my argument in my last article where margins have to improve, and the market is mispricing the server market, but that is now all out the window since the new allegations are of extreme measure, causing fears and doubts with countless questions from the market that will likely surround SMCI at least until the next earnings call which will completely kill the narrative on SMCI for a while that 2026 is their recovery year where sales will accelerate, which it has already proven in Q2 FY26. Hence, I'm downgrading SMCI to a 'Sell', as I gave it the benefit of the doubt when Ernst & Young unexpectedly resigned, which led to delay in reports but no wrongdoing was found, but constant distrust with the board just isn't a good look for investors looking at any company. Q2 FY26 and Looking Forward Q2 Metrics (SMCI IR) Before I give my thoughts on the current situation, I will give my thoughts on the quarter and the rest of FY26. This quarter was the breaking point for SMCI, since Q4 guided for $6.5B in sales for Q1 FY26, which was met with a pre release before Q1 that sales would be significantly less, as SMCI posted $5B in revenue, significantly missing sales as the stock took a massive hit. The massive negative reaction was also led by the fact that Q4 guided for $33B in revenue for FY26, with a consensus of $29.79B and 50% revenue growth YoY from FY25. This quarter exactly put SMCI back on its guidance, with $12.68B, which exceeded expectations m...
"I think the other thing is, is when you're going round to give the food to your neighbours, it's an opportunity to sort of knock on the door and talk to them - whereas you wouldn't normally have an excuse unless you're a nosey neighbour knocking on the neighbours' doors.
"I think the other thing is, is when you're going round to give the food to your neighbours, it's an opportunity to sort of knock on the door and talk to them - whereas you wouldn't normally have an excuse unless you're a nosey neighbour knocking on the neighbours' doors.
Amazon is developing a new smartphone over a decade after discontinuing the Fire Phone, Reuters reported today, citing four anonymous “people familiar with the matter.” Reuters said the phone is codenamed Transformer but couldn’t confirm what it might cost, how much Amazon has invested into development thus far, or how much Amazon expects to make off the device. Like any product reportedly under d...
Amazon is developing a new smartphone over a decade after discontinuing the Fire Phone, Reuters reported today, citing four anonymous “people familiar with the matter.” Reuters said the phone is codenamed Transformer but couldn’t confirm what it might cost, how much Amazon has invested into development thus far, or how much Amazon expects to make off the device. Like any product reportedly under development, it’s possible that Amazon will never release the phone. Reuters’ sources noted that Transformer could be cancelled over finances or a change in strategy. When reached for comment by Ars Technica, an Amazon spokesperson declined to comment on Reuters’ report. Read full article Comments
When it comes to saving for retirement, you have choices. You could try to snag an immediate tax break on your contributions by funding a traditional IRA or 401(k). Or, you can save in a Roth retirement account for the various benefits involved. Roth IRAs and 401(k)s are funded with after-tax dollars, but they also allow your money to grow tax-free. They also allow for tax-free withdrawals during ...
When it comes to saving for retirement, you have choices. You could try to snag an immediate tax break on your contributions by funding a traditional IRA or 401(k). Or, you can save in a Roth retirement account for the various benefits involved. Roth IRAs and 401(k)s are funded with after-tax dollars, but they also allow your money to grow tax-free. They also allow for tax-free withdrawals during retirement. Plus, with a traditional retirement account, you're eventually forced to take mandatory withdrawals known as required minimum distributions, or RMDs. Roth accounts don't impose RMDs, giving you more flexibility with your money. It often makes sense to fund a Roth IRA or 401(k) when your income is on the lower side. If you're not in a very high tax bracket, forgoing the tax break on contributions could make sense. But what if you've used to funding a Roth account and your income rises? Should you keep at it, or change your strategy? It could pay to hit pause on Roth contributions The higher your tax bracket, the less it might make sense to contribute to a Roth retirement plan during your working years. If you have a high income now, you may end up in a lower tax bracket during retirement, in which case it could pay to take the tax break on your IRA or 401(k) contributions now and pay taxes on withdrawals later. Now it may be that your income is suddenly a lot higher for different reasons. You may have gotten a big raise, a promotion, or a new job. Or, you may have stumbled upon a very lucrative side hustle. If you're suddenly looking at a higher-income year, it could pay to stop funding a Roth and instead contribute toward retirement in a traditional IRA or 401(k). If your rise in income is temporary, you can go back to funding a Roth account in future years if your earnings drop back down. But it often pays to utilize a traditional IRA or 401(k) when you're in a high tax bracket. You can also do a conversion Of course, the downsize of funding a traditional retir...
JHVEPhoto/iStock Editorial via Getty Images A Little Bit Of History The creation of Kraft Heinz ( KHC ) as a single entity goes back to July 2015 , when the ~$45 billion merger between Kraft Foods and H.J. Heinz finally closed. Even by today's standard, it is still one of the largest transactions in the history of the consumer staples industry, with high-profile investors like Berkshire Hathaway (...
JHVEPhoto/iStock Editorial via Getty Images A Little Bit Of History The creation of Kraft Heinz ( KHC ) as a single entity goes back to July 2015 , when the ~$45 billion merger between Kraft Foods and H.J. Heinz finally closed. Even by today's standard, it is still one of the largest transactions in the history of the consumer staples industry, with high-profile investors like Berkshire Hathaway ( BRK.A ) ( BRK.B ) and the private equity firm 3G Capital having invested an additional $10 billion in the equity of the combined entity. Coincidentally, the largest deal in the industry's history before the Kraft Heinz merger was the $23 billion acquisition of Heinz orchestrated by the same players in 2013, namely Warren Buffett at Berkshire Hathaway and the Brazilian Jorge Paulo Lemann at 3G Capital. Kraft Heinz Brand Portfolio (Company Website) While Berkshire and 3G Capital paid a ~$23 billion equity value for Heinz on a standalone basis back in 2013, Kraft Heinz is currently trading at a market capitalization of ~$25.8 billion on the NYSE today, for a decline of almost 80% from the ~$120 billion peak reached in the fall of 2017. Even though KHC paid a healthy dividend throughout the entire period, it represents a significant destruction of shareholder value. On that topic, Warren Buffett openly admitted that it paid too much for Kraft during an interview with CNBC back in February 2019, adding that he might have misjudged certain aspects of the business. This is also a reminder that mistakes are a normal part of the game, even for one of the best investors of all-time. I think the key is to be honest with oneself, learn our lessons and then move on to the next opportunity. I was wrong in a couple of ways about Kraft Heinz. We overpaid for Kraft. Data by YCharts So What Is The Problem? More specifically, Buffett mentioned that large retailers like Walmart ( WMT ), Costco ( COST ) or Amazon ( AMZN ) have gained a lot of bargaining power over the years, which limits the a...
Tesla said Dutch regulators will likely approve Full Self-Driving (FSD) by April 10. But the EV giant's stock is close to round-tripping a late 2025 run.
Tesla said Dutch regulators will likely approve Full Self-Driving (FSD) by April 10. But the EV giant's stock is close to round-tripping a late 2025 run.
Energy companies can often float under the radar until something happens that brings them to light. In this case, it's the rising gas prices that many consumers are starting to feel in their wallets. Some people use short-term price jumps as a reason to hurry and buy shares of a particular energy stock, but a better approach is to focus on a stock you can comfortably hold for the next decade or lo...
Energy companies can often float under the radar until something happens that brings them to light. In this case, it's the rising gas prices that many consumers are starting to feel in their wallets. Some people use short-term price jumps as a reason to hurry and buy shares of a particular energy stock, but a better approach is to focus on a stock you can comfortably hold for the next decade or longer. Chevron (CVX +1.48%) fits that description. The reason Chevron is one of the best energy companies to own over the next decade is that it operates in all three major phases of the oil and gas ecosystem: upstream, midstream, and downstream. Upstream involves finding and extracting oil from the ground; midstream involves transporting and storing oil; and downstream involves refining it into gasoline and selling it. Having a hand in all three phases helps keep Chevon's business consistent and relatively stable when one segment faces a specific issue. For example, low oil prices could slow down Chevron's upstream business, while higher transportation costs could make its midstream business more expensive. When one is down, the other two segments can pick up some of the slack. Expand NYSE : CVX Chevron Today's Change ( 1.48 %) $ 2.99 Current Price $ 204.43 Key Data Points Market Cap $402B Day's Range $ 201.21 - $ 205.06 52wk Range $ 132.04 - $ 205.06 Volume 314K Avg Vol 12M Gross Margin 14.66 % Dividend Yield 3.43 % Although Chevron's stock is up over 26% year to date (as of March 16), I wouldn't invest expecting this performance year in and year out. However, it can be a good income source, with a dividend yield that's routinely nearly three times the S&P 500 average.
Key Points Chevron has operations in all three main phases of the oil and gas ecosystem. The energy giant can be a good source of income for many investors' portfolios. 10 stocks we like better than Chevron › Energy companies can often float under the radar until something happens that brings them to light. In this case, it's the rising gas prices that many consumers are starting to feel in their ...
Key Points Chevron has operations in all three main phases of the oil and gas ecosystem. The energy giant can be a good source of income for many investors' portfolios. 10 stocks we like better than Chevron › Energy companies can often float under the radar until something happens that brings them to light. In this case, it's the rising gas prices that many consumers are starting to feel in their wallets. Some people use short-term price jumps as a reason to hurry and buy shares of a particular energy stock, but a better approach is to focus on a stock you can comfortably hold for the next decade or longer. Chevron (NYSE: CVX) fits that description. 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 » The reason Chevron is one of the best energy companies to own over the next decade is that it operates in all three major phases of the oil and gas ecosystem: upstream, midstream, and downstream. Upstream involves finding and extracting oil from the ground; midstream involves transporting and storing oil; and downstream involves refining it into gasoline and selling it. Having a hand in all three phases helps keep Chevon's business consistent and relatively stable when one segment faces a specific issue. For example, low oil prices could slow down Chevron's upstream business, while higher transportation costs could make its midstream business more expensive. When one is down, the other two segments can pick up some of the slack. Although Chevron's stock is up over 26% year to date (as of March 16), I wouldn't invest expecting this performance year in and year out. However, it can be a good income source, with a dividend yield that's routinely nearly three times the S&P 500 average. Should you buy stock in Chevron right now? Before you buy stock in Chevron, consider this: The Motley Fool Stock Advisor anal...
PM Images/DigitalVision via Getty Images Today, I'm going to take a deeper look at the U.S. economy, which has been given mixed signals throughout 2026. The conflict in the Middle East and surging energy prices just add to this uncertainty. First quarter GDP in 2025 dropped by half of one percent, largely as a result of importers front-running coming tariffs from the new administration. GDP growth...
PM Images/DigitalVision via Getty Images Today, I'm going to take a deeper look at the U.S. economy, which has been given mixed signals throughout 2026. The conflict in the Middle East and surging energy prices just add to this uncertainty. First quarter GDP in 2025 dropped by half of one percent, largely as a result of importers front-running coming tariffs from the new administration. GDP growth in Q2 and Q3 was robust, but with the latest revision, there was less than 1% in growth in Q4. This was partly due to the longest federal government shutdown in U.S. history. BEA So, where will the U.S. economy head from here? In today's article, I will highlight three key reasons that the economy should be able to muddle along and avoid a recession in 2026. Followed by three concerning trends that point to a growing probability of a recession this year. AI Capex Boom: Bloomberg, Macrobond, Doubleline The primary driver of GDP growth is the massive increase in capex associated with the AI infrastructure boom. T he four largest hyperscalers, Amazon ( AMZN ), Alphabet ( GOOG ), Meta Platforms ( META ), and Microsoft ( MSFT ), guided that they will spend a combined more than $650 billion on capex in FY2026, after spending just over $350 million in FY2025. Bloomberg The downside to this is that free cash flow generated by these tech giants will drop dramatically in 2026. There are also some questions of all of the spending will result in the necessary new AI-related revenues to deliver acceptable ROI for all that investment. However, this spending will provide nearly 2% GDP growth by itself. Capex levels seem assured in FY2026. What spending will be in FY2027 is a more open question. Carson Investment Research, Bloomberg - February 2026 Fiscal Deficit Spending: Federal fiscal deficits were problematic prior to the pandemic and have absolutely ballooned since then. Debt servicing costs are now the second largest line item on the federal budget, behind only Social Security. And ...
On February 17, 2026, Park Presidio Capital disclosed it sold 215,041 shares of Floor & Decor (FND 4.09%), an estimated $13.94 million trade based on quarterly average pricing. What happened According to a U.S. Securities and Exchange Commission (SEC) filing published February 17, 2026, Park Presidio Capital sold 215,041 shares of Floor & Decor in the fourth quarter of 2025. The estimated transact...
On February 17, 2026, Park Presidio Capital disclosed it sold 215,041 shares of Floor & Decor (FND 4.09%), an estimated $13.94 million trade based on quarterly average pricing. What happened According to a U.S. Securities and Exchange Commission (SEC) filing published February 17, 2026, Park Presidio Capital sold 215,041 shares of Floor & Decor in the fourth quarter of 2025. The estimated transaction value was $13.94 million, calculated using the average closing price for the quarter. The fund’s quarter-end FND position was 126,837 shares, valued at $7.72 million. The position’s net value declined by $17.47 million over the period, with changes attributable to both the reduction in shares and stock price movement. What else to know Top holdings after the filing: NASDAQ: JBHT: $147.46 million (12.0% of AUM) NASDAQ: AMZN: $141.28 million (11.5% of AUM) NASDAQ: META: $126.64 million (10.3% of AUM) NYSE: WAB: $123.85 million (10.1% of AUM) NYSE: MA: $117.57 million (9.6% of AUM) As of Friday, shares of Floor & Decor were priced at $50.60, down 40% over the past year and well underperforming the S&P 500, which is instead up about 16% in the same period. Company overview Metric Value Revenue (TTM) $4.68 billion Net income (TTM) $208.65 million Market capitalization $5.5 billion Price (as of Friday) $50.60 Company snapshot Floor & Decor Holdings offers hard surface flooring products, including tile, wood, laminate, vinyl, and natural stone, along with decorative and installation accessories. The company operates a multi-channel retail and commercial distribution model, generating revenue through warehouse-format stores, design studios, and e-commerce. It serves professional installers, commercial businesses, and do-it-yourself customers across the United States. Floor & Decor is a leading specialty retailer in the home improvement sector, with a national footprint and a focus on hard surface flooring solutions. The company leverages a warehouse-format store model and a rob...
Key Points Park Presidio Capital reduced its FND position by 215,041 shares in the fourth quarter; the estimated trade size was $13.94 million based on quarterly average pricing. Meanwhile, the quarter-end position value fell by $17.47 million, reflecting both trading and share price changes. The post-trade stake stood at 126,837 shares valued at $7.72 million. 10 stocks we like better than Floor ...
Key Points Park Presidio Capital reduced its FND position by 215,041 shares in the fourth quarter; the estimated trade size was $13.94 million based on quarterly average pricing. Meanwhile, the quarter-end position value fell by $17.47 million, reflecting both trading and share price changes. The post-trade stake stood at 126,837 shares valued at $7.72 million. 10 stocks we like better than Floor & Decor › On February 17, 2026, Park Presidio Capital disclosed it sold 215,041 shares of Floor & Decor (NYSE:FND), an estimated $13.94 million trade based on quarterly average pricing. What happened According to a U.S. Securities and Exchange Commission (SEC) filing published February 17, 2026, Park Presidio Capital sold 215,041 shares of Floor & Decor in the fourth quarter of 2025. The estimated transaction value was $13.94 million, calculated using the average closing price for the quarter. The fund’s quarter-end FND position was 126,837 shares, valued at $7.72 million. The position’s net value declined by $17.47 million over the period, with changes attributable to both the reduction in shares and stock price movement. What else to know Top holdings after the filing: NASDAQ: JBHT: $147.46 million (12.0% of AUM) NASDAQ: AMZN: $141.28 million (11.5% of AUM) NASDAQ: META: $126.64 million (10.3% of AUM) NYSE: WAB: $123.85 million (10.1% of AUM) NYSE: MA: $117.57 million (9.6% of AUM) As of Friday, shares of Floor & Decor were priced at $50.60, down 40% over the past year and well underperforming the S&P 500, which is instead up about 16% in the same period. Company overview Metric Value Revenue (TTM) $4.68 billion Net income (TTM) $208.65 million Market capitalization $5.5 billion Price (as of Friday) $50.60 Company snapshot Floor & Decor Holdings offers hard surface flooring products, including tile, wood, laminate, vinyl, and natural stone, along with decorative and installation accessories. The company operates a multi-channel retail and commercial distribution model, ge...
The dollar index (DXY00) today is up by +0.50%. The dollar is climbing today as weakness in stocks has boosted some liquidity demand for the dollar. Also, the ongoing war in Iran has boosted demand for the dollar as a safe haven. In addition, higher T-note yields today are strengthening the dollar’s interest rate differentials. The dollar also has carryover support from Wednesday, when Fed Chair P...
The dollar index (DXY00) today is up by +0.50%. The dollar is climbing today as weakness in stocks has boosted some liquidity demand for the dollar. Also, the ongoing war in Iran has boosted demand for the dollar as a safe haven. In addition, higher T-note yields today are strengthening the dollar’s interest rate differentials. The dollar also has carryover support from Wednesday, when Fed Chair Powell said there will be no Fed rate cut unless there is progress on inflation. Swaps markets are discounting the odds at 12% for a +25 bp rate hike at the April 28-29 FOMC meeting. Join 200K+ Subscribers: The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to cut interest rates by at least -25 bp in 2026, while the BOJ and ECB are expected to raise rates by at least +25 bp in 2026. EUR/USD (^EURUSD) today is down by -0.45%. The euro is under pressure today from a stronger dollar. Also, today’s news that showed German Feb producer prices posted their biggest decline in 1.75 years is dovish for ECB policy and negative for the euro. The euro has some support on today’s hawkish comments from ECB Governing Council member Nagel, who said the ECB may need to raise interest rates as soon as next month if price pressures continue to build from the war in Iran. German Feb PPI fell -3.3% y/y, weaker than expectations of -2.7% y/y and the biggest decline in 1.75 years. ECB Governing Council member and Bundesbank President Joachim Nagel said the ECB may need to consider raising interest rates as soon as next month if price pressures build further due to the Iran war. Swaps are discounting a 78% chance of a +25 bp rate hike by the ECB at the April 30 policy meeting. USD/JPY (^USDJPY) today is up by +0.87%. The yen is sliding today amid strength in the dollar and higher T-note yields. The yen added to its losses today after crude oil prices rose, a bearish factor for Japan’s economy, which imports 90% of its energy needs. Trading ...