Obama Judge Strikes Down Ten Commandments In Arkansas Classrooms Authored by Zachary Stieber via The Epoch Times (emphasis ours), A federal judge has struck down a law in Arkansas that required the display of the Ten Commandments in classrooms, finding it violated children’s rights. U.S. District Judge Timothy Brooks (Obama) ruled on March 16 that not enjoining the law, Act 573, would violate the ...
Obama Judge Strikes Down Ten Commandments In Arkansas Classrooms Authored by Zachary Stieber via The Epoch Times (emphasis ours), A federal judge has struck down a law in Arkansas that required the display of the Ten Commandments in classrooms, finding it violated children’s rights. U.S. District Judge Timothy Brooks (Obama) ruled on March 16 that not enjoining the law, Act 573, would violate the religious and Free Exercise rights of children in public school. A copy of the Ten Commandments is posted along with other historical documents in a hallway of the Georgia Capitol in Atlanta on June 20, 2024. John Bazemore/AP Photo “Act 573’s purpose is only to display a sacred, religious text in a prominent place in every public-school classroom. And the only reason to display a sacred, religious text in every classroom is to proselytize to children ,” Brooks wrote. “ Nothing could possibly justify hanging the Ten Commandments—with or without historical context—in a calculus, chemistry, French, or woodworking class, to name a few. And the words ‘curriculum,’ ‘school board,’ ‘teacher,’ or ‘educate’ don’t appear anywhere in Act 573. Accordingly, there is no need to strain our minds to imagine a constitutional display mandated by Act 573. One doesn’t exist.” John Williams, legal director of the American Civil Liberties Union of Arkansas, one of the plaintiffs, said in a statement that the ruling shows “Arkansas lawmakers cannot sidestep the First Amendment by mandating that a particular version of the Ten Commandments be displayed in every classroom.” Brooks had on Aug. 4, 2025, preliminarily enjoined the law in certain districts. It went into effect statewide the day after. Arkansas officials had argued that the law was legal and should not be struck down. The act was approved by state lawmakers and signed by Republican Arkansas Gov. Sarah Huckabee Sanders in 2025. “The 10 Commandments aren’t just the foundation of our faith—they’re the foundation of every law and moral code...
SHansche/iStock via Getty Images I have covered Ardmore Shipping Corporation ( ASC ) before , where I outlined the investment thesis in detail and explained why I considered it an interesting buy. Since the last article , the stock has surpassed my previous fair value. While I have increased the fair value further, I am downgrading the stock to "H old." Background Ardmore is a product and chemical...
SHansche/iStock via Getty Images I have covered Ardmore Shipping Corporation ( ASC ) before , where I outlined the investment thesis in detail and explained why I considered it an interesting buy. Since the last article , the stock has surpassed my previous fair value. While I have increased the fair value further, I am downgrading the stock to "H old." Background Ardmore is a product and chemical tanker operator focused on the MR segment. After the acquisition of three vessels, its fleet consists of 19 MRs and 6 chemical tankers, with an average age of around 10 years. Investor Presentation The company was mainly spot, but in the last quarter it has been increasing its chartered-out coverage. In Q3, they chartered out four vessels, and in Q4, one more. While it wouldn’t surprise me if they chartered out some extra vessels, given the Q4 conference call commentary , I still expect them to remain primarily spot focused. I mean, in terms of revenue days for the year ahead, it's still 82% market exposure. So we're still a predominant spot player and for good reason. So I wouldn't want this to be misinterpreted as a full sort of risk-off move. But we always like to look at what we do within the company across the whole portfolio, buying ships, locking in some high-quality time charters out Investor Presentation Ardmore Shipping has a clear capital allocation policy, and while I was optimistic about a possible increase in the payout ratio, given the Q4 comments, I don’t expect any change in the short term. The lowest priority continues to be returning capital to shareholders, as the company currently returns just one-third of adjusted earnings despite being almost net cash. Instead, the money has been invested in growth and upgrades to the fleet. This is visible in recent decisions where the company completed a heavy drydock and upgrade cycle, including tank coating improvements that allow for more cargo flexibility. Growth has also been selective with the acquisition of ...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Principal Asset Management CEO Kamal Bhatia, BMO US President Aron Levine, TD Cowen’s Krish Sankar, CSIS’ Michael Ratney, Schroder Investment’s Dan Suzuki, Third Bridge Global’s Peter McNally, Freightwaves CEO Craig Fuller, CI...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Principal Asset Management CEO Kamal Bhatia, BMO US President Aron Levine, TD Cowen’s Krish Sankar, CSIS’ Michael Ratney, Schroder Investment’s Dan Suzuki, Third Bridge Global’s Peter McNally, Freightwaves CEO Craig Fuller, CIBC Private Wealth’s Rebecca Babin, & NY Knicks Legend John Starks. (Source: Bloomberg)
HeliRy/E+ via Getty Images KNOT Offshore Partners ( KNOP ) down 8.9% post-market Thursday after saying talks about an offer from Knutsen NYK Offshore Tankers to buy the company have been terminated . KNOT Offshore ( KNOP ) said a board committee composed of directors who are unaffiliated with Knutsen had retained independent legal and financial advisors to evaluate the offer and engaged with the c...
HeliRy/E+ via Getty Images KNOT Offshore Partners ( KNOP ) down 8.9% post-market Thursday after saying talks about an offer from Knutsen NYK Offshore Tankers to buy the company have been terminated . KNOT Offshore ( KNOP ) said a board committee composed of directors who are unaffiliated with Knutsen had retained independent legal and financial advisors to evaluate the offer and engaged with the company about the proposal, but the parties determined they will not be able to reach an agreement and have ended discussions. In November , Knutsen submitted an unsolicited offer to buy all KNOT Offshore ( KNOP ) publicly traded units for $10 each in cash. More on KNOT Offshore Partners KNOT Offshore Partners: Sweetened Offer More Likely After Strong Q3 Results - Hold Seeking Alpha’s Quant Rating on KNOT Offshore Partners Financial information for KNOT Offshore Partners
In its fourth-quarter earnings report in February, the ride-hailing giant Uber outlined its strategy to expand into autonomous vehicles. And within a month, it has successfully announced several high-profile partnerships, deepening its push into the emerging AV industry. The latest moves came this ...
In its fourth-quarter earnings report in February, the ride-hailing giant Uber outlined its strategy to expand into autonomous vehicles. And within a month, it has successfully announced several high-profile partnerships, deepening its push into the emerging AV industry. The latest moves came this ...
Alones Creative/iStock via Getty Images DLocal Limited ( DLO ) is a rising merchant services fintech in emerging markets, primarily Latin America. It also has the distinction of being the first stock that I rated Strong Buy. Today, I have come to reassess my rating with the release of Q4 and full-year 2025 results. Summary of Original Thesis When I wrote about it the first time in August 2025, I w...
Alones Creative/iStock via Getty Images DLocal Limited ( DLO ) is a rising merchant services fintech in emerging markets, primarily Latin America. It also has the distinction of being the first stock that I rated Strong Buy. Today, I have come to reassess my rating with the release of Q4 and full-year 2025 results. Summary of Original Thesis When I wrote about it the first time in August 2025, I went over the business, likening DLocal to Square ( XYZ ) or PayPal ( PYPL ) in its respective geographies. DLO's Geographic Footprint (Q2 2025 Earnings Release) Concentrated on Latin America, the biggest markets there are, unsurprisingly, Brazil, Argentina, and Mexico. They also had made inroads in Africa and Asia, with Egypt making a large market as well. DLocal's value-add is an integrated payments system that helps merchants navigate these complexities on one platform. Once a merchant is won, all of their future growth becomes DLocal's as well. Take Rate and Total Payment Volume (FXC Intelligence) Revenue is primarily based on "take rate," the percentage of TPV they collect as a fee for their services. As they scale, this declines. As long as growth exceeds the decline in take rate, revenue and profitability grow overall. I believed the market failed to appreciate this. With double-digit growth ahead and strong free cash flow of $110M, I felt its $4B market cap didn't reflect the multibillion-dollar opportunity that would come from penetrating more of these emerging market countries. Q4 and Full-Year 2025 Results DLocal ended 2025 on a very strong note, with record revenue and other important financial milestones. The reason comes down to one very concrete fundamental: their ability to keep growing TPV . Q4 2025 Investor Presentation They have done this for every consecutive quarter since 2020. Since my last coverage, TPV grew from $9.2B in Q2 to $10.4B in Q3 and $13.1B in Q4. These kinds of results would be welcome even across a couple of years, and this was done in the...
Stocks came off 2026 lows and oil prices reversed lower amid Iran war comments from President Trump and Israeli PM Netanyahu. Tesla stock broke key levels.
Stocks came off 2026 lows and oil prices reversed lower amid Iran war comments from President Trump and Israeli PM Netanyahu. Tesla stock broke key levels.
MU earnings breakdown: Q2 revenue $23.86B (up 197% YOY), EPS $12.20, segment gains, and what Q3 guidance signals for AI-driven memory demand, plus margin expansion.
MU earnings breakdown: Q2 revenue $23.86B (up 197% YOY), EPS $12.20, segment gains, and what Q3 guidance signals for AI-driven memory demand, plus margin expansion.
Academics will tell you that Wall Street is efficient. Wall Street practitioners will tell you that over short periods of time, investors can be highly irrational. The problem is usually human emotions, which are running high right now in the energy sector due to the geopolitical conflict in the Middle East. Here are two reminders for investors as oil prices remain volatile. 1. Oil and natural gas...
Academics will tell you that Wall Street is efficient. Wall Street practitioners will tell you that over short periods of time, investors can be highly irrational. The problem is usually human emotions, which are running high right now in the energy sector due to the geopolitical conflict in the Middle East. Here are two reminders for investors as oil prices remain volatile. 1. Oil and natural gas have always been volatile commodities Oil prices are hovering near $100 per barrel. That has investors worried, but oil prices have been this high, and higher, before. The world has survived, and the energy sector has adjusted. Historically, oil prices have fallen after every spike. It is a normal cycle in the energy patch, with oil prices rising and falling on a fairly regular basis. Sometimes the moves are large and happen very quickly. That's not meant to diminish the very real geopolitical conflict in the Middle East. It is meant to highlight the need to view the oil and natural gas industry through a long-term lens. Most investors should try to invest in companies that have proven they can survive and thrive through the entire energy cycle, not just the upside. That generally means a focus on integrated energy giants like ExxonMobil (XOM +0.40%). Exxon owns a global portfolio of assets across the entire energy value chain, which helps soften the impact of the normal swings in oil prices. Exxon is also notable for its financial strength, as it has the lowest debt-to-equity ratio among its closest peers. That gives the company the latitude to take on debt to help it muddle through difficult periods. Expand NYSE : XOM ExxonMobil Today's Change ( 0.40 %) $ 0.63 Current Price $ 158.22 Key Data Points Market Cap $657B Day's Range $ 154.85 - $ 159.56 52wk Range $ 97.80 - $ 160.45 Volume 1.3M Avg Vol 21M Gross Margin 21.56 % Dividend Yield 2.56 % 2. You can sidestep commodity prices The strength of Exxon's business model is highlighted by its multi-decade streak of annual div...
The Iran war has begun to escalate in recent days after Israel targeted an Iranian gas field and Iran responded by targeting one in Qatar, further destabilizing the global energy landscape . The Iranian missile strike on the Ras Laffan complex caused extensive damage to the world’s largest liquefied natural gas plant. Two facilities that produce 17% of the country’s LNG exports, or about 13 millio...
The Iran war has begun to escalate in recent days after Israel targeted an Iranian gas field and Iran responded by targeting one in Qatar, further destabilizing the global energy landscape . The Iranian missile strike on the Ras Laffan complex caused extensive damage to the world’s largest liquefied natural gas plant. Two facilities that produce 17% of the country’s LNG exports, or about 13 millions tons a year, were affected and it will take three to five years to repair them, QatarEnergy Chief Executive Officer Saad al-Kaabi told Reuters . Israeli Prime Minister Benjamin Netanyahu on Thursday said his country would avoid future attacks on Iran’s energy infrastructure, after a fissure appeared to open up between him and Donald Trump, with the US president saying he had no prior knowledge of the attack. Israeli officials reportedly said he did . What You Need to Know Today From the history rhymes department , Wall Street is licking its collective lips at the prospect of relaxed capital requirements under proposals unveiled by the Federal Reserve on Thursday. It’s a move that could potentially unleash billions of dollars for lending, share buybacks and dividends . “These changes would strengthen our overall capital framework, which would remain robust under the new regime,” said Fed Vice Chair for Supervision Michelle Bowman, appointed to the role last year by Trump. The proposals represent a major win for banks after their lobbyists attacked a Biden-era plan to significantly hike capital requirements. Top banking agencies have since largely embraced Trump’s deregulatory drive, as the administration looks to loosen guardrails for an industry desperate to compete with non-banks and private credit. If finalized, the plans—along with moves to ease the enhanced supplementary leverage ratio and overhaul stress tests —would amount to some of the biggest bank-capital rule changes since those enacted following the 2008 financial crisis. Angered by Court Slap, Trump Doubles D...
Israel said it will no longer target energy infrastructure after an attack on an Iranian gas field sparked retaliatory strikes against energy assets across the Middle East, causing oil and gas prices to surge and prompting a rebuke from President Donald Trump. “Israel acted alone,” Prime Minister Benjamin Netanyahu said at a press conference on Thursday, after Israeli officials previously said the...
Israel said it will no longer target energy infrastructure after an attack on an Iranian gas field sparked retaliatory strikes against energy assets across the Middle East, causing oil and gas prices to surge and prompting a rebuke from President Donald Trump. “Israel acted alone,” Prime Minister Benjamin Netanyahu said at a press conference on Thursday, after Israeli officials previously said they had informed the US about the attack. Netanyahu also said Israeli forces would help the US attempt to reopen the Strait of Hormuz and that the war would be over faster than people think, in comments that helped calm markets on a day that already-elevated energy prices spiked once again. (Source: Bloomberg)