India is considering emergency steps to shore up foreign-exchange reserves, including curbing non-essential imports like gold and electronic goods, and hiking fuel prices, to help cushion the economy from the fallout of the Iran war, people familiar with the matter said. Officials in the Prime Minister’s Office and Finance Ministry have held discussions with the Reserve Bank of India on several me...
India is considering emergency steps to shore up foreign-exchange reserves, including curbing non-essential imports like gold and electronic goods, and hiking fuel prices, to help cushion the economy from the fallout of the Iran war, people familiar with the matter said. Officials in the Prime Minister’s Office and Finance Ministry have held discussions with the Reserve Bank of India on several measures that could be taken to limit the damage from soaring oil prices, the people said asking not to be identified as the discussions are private. One of the proposals under discussion is a fuel price hike, the people said, which would be the first increase since the Iran war began and come on the back of Prime Minister Narendra Modi ’s landslide win in recent state elections . No final decision on the emergency measures have been made yet, the people said. Gold and consumer electronics are considered non-essential imports and steps could be taken to restrict those items, one of the people said. Officials are concerned about the widening current account deficit and the measures are aimed at curbing imports to preserve foreign exchange, the people said. India’s Finance Ministry and central bank didn’t respond to requests for further information. India is the world’s third-largest oil importer of oil and the country has been hit hard by soaring energy prices and the halting of supplies through the Strait of Hormuz. The outflow of foreign exchange to pay for higher energy bills has pressured the rupee, which has plunged to a record low, and forced the RBI to take aggressive steps this year to stabilize the currency. On Sunday, Modi urged citizens to use public transport and work from home to conserve petrol and diesel. He also called on the public to stop buying gold — one of India’s import categories — and restrict overseas travel. The emergency measures are not unprecedented. Several countries in Asia , such as Vietnam and Thailand, have asked citizens to work from home to ...
Celanese ( CE ) on Monday announced price increases for a range of acetyl products. The price increases will be effective immediately, or as contracts and other commitments otherwise allow. PRODUCT Price Increase USA / Canada ($ / LB) Mexico / S. America ($ / MT) EMEA(€ / MT) Acetic Acid $0.05 $100 100€ Vinyl Acetate Monomer $0.15 $300 300€ Ethyl Acetate $0.04 $300 100€ Acetic Anhydride $0.05 $150...
Celanese ( CE ) on Monday announced price increases for a range of acetyl products. The price increases will be effective immediately, or as contracts and other commitments otherwise allow. PRODUCT Price Increase USA / Canada ($ / LB) Mexico / S. America ($ / MT) EMEA(€ / MT) Acetic Acid $0.05 $100 100€ Vinyl Acetate Monomer $0.15 $300 300€ Ethyl Acetate $0.04 $300 100€ Acetic Anhydride $0.05 $150 150€ VAE based dispersions $0.02 $150 350€ Vinyl Acetate based homo-and copolymer dispersions $0.02 $150 350€ Styrene and Pure Acrylic Dispersions $0.05 $200 350€ EVA $0.20 $300 300€ RDP $0.20 $400 400€ Formaldehyde 37% $0.04 -- -- Paraformaldehyde $0.12 $300 350€ Dimethylamine 100% $0.08 $185 -- Trimethylamine 100% $0.10 $225 -- MIBC $0.20 $450 100€ MIBK $0.20 $450 400€ Solvents Grade dependent Click to enlarge More on Celanese Celanese: Why I'm Buying The Q1 Post-Earnings Dip Celanese Corporation (CE) Q1 2026 Earnings Call Transcript Celanese Is Worth Buying After Earnings (Technical Analysis) Celanese targets $3 EPS in 2H 2026 while advancing $30M Nylon 66 savings plan Celanese Q1 2026 Earnings Preview
The ceasefire may be precariously holding for now, but the strikes on Qatar earlier this year exposed a supply chain vulnerability few investors were watching: The AI boom depends on helium.
The ceasefire may be precariously holding for now, but the strikes on Qatar earlier this year exposed a supply chain vulnerability few investors were watching: The AI boom depends on helium.
Tyler Technologies ( TYL ) announced plans to privately offer $1B of convertible senior notes due 2031 to qualified institutional buyers. Initial purchasers may buy up to an additional $150M of notes within 13 days of issuance. The unsecured notes will pay interest semi-annually and mature on July 15, 2031, unless earlier redeemed, repurchased, or converted. Part of the proceeds will fund capped c...
Tyler Technologies ( TYL ) announced plans to privately offer $1B of convertible senior notes due 2031 to qualified institutional buyers. Initial purchasers may buy up to an additional $150M of notes within 13 days of issuance. The unsecured notes will pay interest semi-annually and mature on July 15, 2031, unless earlier redeemed, repurchased, or converted. Part of the proceeds will fund capped call transactions aimed at reducing potential dilution from note conversions. Tyler expects to use up to $350M of proceeds to repurchase shares under its existing share buyback program. Remaining proceeds will be used for general corporate purposes. More on Tyler Technologies Tyler Technologies: Can't Get Behind The Valuation Despite The Selloff Tyler Technologies: Encouraging Recovery In Bookings (Rating Upgrade) Tyler Technologies, Inc. (TYL) Q1 2026 Earnings Call Transcript Tyler targets 80%+ of on-prem customers moved to the cloud by 2030 as For The Record adds ~$30M to 2026 revenue guide Tyler Technologies Non-GAAP EPS of $3.09 beats by $0.08, revenue of $613.5M beats by $4.44M
While Qualcomm (QCOM) stock has largely been left behind in the AI-driven semiconductor rally over the last few years, the tide appears to have turned for the company, with the stock up by close to 70% over the past month as Qualcomm is positioning for the next phase of AI, one that moves beyond centralized compute and into billions of connected devices. In our previous analysis, we outlined how Q...
While Qualcomm (QCOM) stock has largely been left behind in the AI-driven semiconductor rally over the last few years, the tide appears to have turned for the company, with the stock up by close to 70% over the past month as Qualcomm is positioning for the next phase of AI, one that moves beyond centralized compute and into billions of connected devices. In our previous analysis, we outlined how Qualcomm stock could surge 2x led by edge AI. Here, we outline the specifics of the shift and how Qua
Fusion Fuel Green PLC ( Nasdaq: HTOO ) on Monday said its majority-owned joint venture, BioSteam Energy, has begun commercial operations at a biomass-powered industrial steam project at a dairy facility in South Africa. The company said the project is expected to generate about $0.7 million in annual revenue. The system, developed with Alien Fuel, replaces a fossil-fuel-based steam generation proc...
Fusion Fuel Green PLC ( Nasdaq: HTOO ) on Monday said its majority-owned joint venture, BioSteam Energy, has begun commercial operations at a biomass-powered industrial steam project at a dairy facility in South Africa. The company said the project is expected to generate about $0.7 million in annual revenue. The system, developed with Alien Fuel, replaces a fossil-fuel-based steam generation process with a biomass-powered alternative and is expected to reduce the facility’s carbon footprint while enabling the generation of carbon credits. Fusion Fuel said the project marks its first operations in Southern Africa. Under the joint venture agreement, Fusion Fuel holds a 51% stake in BioSteam Energy and has a right of first refusal on future projects developed by or offered to Alien Fuel within the scope of the venture’s business. HTOO +0.37% premarket to $2.74. Source: Press Release More on Fusion Fuel Green Fusion Fuel Green reports FY results Quality Industrial appoints Carsten Falk as chief executive officer Historical earnings data for Fusion Fuel Green Financial information for Fusion Fuel Green
There’s little sign of widespread oil demand destruction in Europe, despite the sharp rise in wholesale prices caused by the Iran war. The region’s overall appetite for petroleum products, such as diesel and gasoline, is roughly in line with the five-year seasonal average, according to figures from consultancy Energy Aspects. This comes even as traders pay eye-watering prices for fuels amid Middle...
There’s little sign of widespread oil demand destruction in Europe, despite the sharp rise in wholesale prices caused by the Iran war. The region’s overall appetite for petroleum products, such as diesel and gasoline, is roughly in line with the five-year seasonal average, according to figures from consultancy Energy Aspects. This comes even as traders pay eye-watering prices for fuels amid Middle East tensions that are tightening oil supplies. “European governments have been swift to re-introduce tax breaks, VAT cuts, etc., and dampen the cost impact of soaring wholesale prices to the consumer,” said Koen Wessels , head of demand at Energy Aspects. The flipside of these measures is a “dislocation between retail price and market signals,” he added. The ongoing effective closure of the Strait of Hormuz — the vital waterway connecting energy infrastructure inside the Persian Gulf to the rest of the world — is severely restricting global oil supplies. Market watchers have been looking out for signs of demand destruction, which would help offset supply-losses.
Conavi Medical ( CNVI:CA ) announced a proposed offering of common shares and/or pre-funded warrants through a preliminary short form prospectus filing. The company plans to use net proceeds to support a limited market release in the United States. Additional proceeds will be allocated toward working capital and general corporate purposes. The offering is expected to close on or about May 28, 2026...
Conavi Medical ( CNVI:CA ) announced a proposed offering of common shares and/or pre-funded warrants through a preliminary short form prospectus filing. The company plans to use net proceeds to support a limited market release in the United States. Additional proceeds will be allocated toward working capital and general corporate purposes. The offering is expected to close on or about May 28, 2026. More on Conavi Medical Corp. Historical earnings data for Conavi Medical Corp. Financial information for Conavi Medical Corp.
Rivian Automotive (NASDAQ: RIVN) shifted gears and accelerated during the first quarter, reporting a narrower-than-expected loss, and that was just one of many developments. The electric vehicle (EV) maker also announced it was increasing production at its soon-to-be Georgia plant to 300,000 vehicles a year, up from 200,000. And it announced a partnership with Uber Technologies that could put tens...
Rivian Automotive (NASDAQ: RIVN) shifted gears and accelerated during the first quarter, reporting a narrower-than-expected loss, and that was just one of many developments. The electric vehicle (EV) maker also announced it was increasing production at its soon-to-be Georgia plant to 300,000 vehicles a year, up from 200,000. And it announced a partnership with Uber Technologies that could put tens of thousands of R2 robotaxis on the roads by the end of 2030. Despite solid first-quarter results, there were a couple of developments to the downside that investors should note. Continue reading
We just covered Cathie Wood’s 11 Biggest AI and Data Center Stock Picks. Meta Platforms, Inc. (NASDAQ:META) ranks #9 (see Cathie Wood’s 5 Biggest AI and Data Center Stock Picks). Cathie Wood’s Stake: $197,069,302 Mark Zuckerberg is showing no signs of slowing down AI spending, even when Meta reacts negatively to CapEX hikes, because he can see […]
We just covered Cathie Wood’s 11 Biggest AI and Data Center Stock Picks. Meta Platforms, Inc. (NASDAQ:META) ranks #9 (see Cathie Wood’s 5 Biggest AI and Data Center Stock Picks). Cathie Wood’s Stake: $197,069,302 Mark Zuckerberg is showing no signs of slowing down AI spending, even when Meta reacts negatively to CapEX hikes, because he can see […]
Magellan Aerospace press release ( MAL:CA ): FY GAAP EPS of $0.29. Revenue of $285.1M. Boeing’s gross order intake for the first quarter of 2026 was 161 aircraft of which 105 orders were for the 737 aircraft. This compares to gross orders of 408 aircraft for Airbus of which 336 of the aircraft orders were for the A320 family. The backlog at the end of the quarter was reported at 6,719 aircraft for...
Magellan Aerospace press release ( MAL:CA ): FY GAAP EPS of $0.29. Revenue of $285.1M. Boeing’s gross order intake for the first quarter of 2026 was 161 aircraft of which 105 orders were for the 737 aircraft. This compares to gross orders of 408 aircraft for Airbus of which 336 of the aircraft orders were for the A320 family. The backlog at the end of the quarter was reported at 6,719 aircraft for Boeing and 9,031 aircraft for Airbus. The majority of the combined backlog of Boeing and Airbus of 15,750 aircraft is for narrowbody aircraft with the A220, A320, and 737 making up 12,718 aircraft of the total combined amount. Over 60% of the narrowbody backlog is with Airbus. More on Magellan Aerospace Magellan Aerospace Corporation (MAL:CA) Shareholder/Analyst Call Prepared Remarks Transcript Magellan Aerospace: Strong Buy As Margins Expand And Valuation Gap Persists Historical earnings data for Magellan Aerospace Dividend scorecard for Magellan Aerospace Financial information for Magellan Aerospace