The Chilean capital Santiago awoke on Wednesday to a mixture of celebration and tension. As the city prepared for the inauguration of its centre-right president , the new government’s first crisis was already unfolding behind the scenes: an undersea fibre-optic cable linking the South American country to Hong Kong that had enraged Washington and may prove a watershed moment in how Latin America ha...
The Chilean capital Santiago awoke on Wednesday to a mixture of celebration and tension. As the city prepared for the inauguration of its centre-right president , the new government’s first crisis was already unfolding behind the scenes: an undersea fibre-optic cable linking the South American country to Hong Kong that had enraged Washington and may prove a watershed moment in how Latin America handles critical infrastructure projects and its partnership with Beijing Jose Antonio Kast was elected in November with just over 58 per cent of the vote, defeating the Chilean Communist Party. Advertisement During the campaign, he adopted a strategy clearly modelled on US President Donald Trump’s playbook, promising to build a wall along the border with Bolivia to stem irregular migration and to tackle the surge in crime he sought to blame on Venezuelan refugees the country had taken in. 08:25 How Maduro’s abduction is set to change Latin America How Maduro’s abduction is set to change Latin America Yet despite his ambitions to lead a Latin American alliance of governments aligned with the United States, the president-elect now finds himself entangled in a scandal that has paralysed the country for weeks and fractured the transition preparations. Advertisement
Northfield Capital ( NFD.A:CA ) said on Wednesday it intends to change its name to Juno International. The name change reflects the growth of its flagship investment, Juno, and the expansion of its wholly owned aviation unit, True North Airways. The name change is expected to take effect after the company’s annual meeting in Q2 2026, subject to regulatory approvals. Juno is a private Ontario-based...
Northfield Capital ( NFD.A:CA ) said on Wednesday it intends to change its name to Juno International. The name change reflects the growth of its flagship investment, Juno, and the expansion of its wholly owned aviation unit, True North Airways. The name change is expected to take effect after the company’s annual meeting in Q2 2026, subject to regulatory approvals. Juno is a private Ontario-based mineral exploration company and the largest claimholder in the Ring of Fire. More on Northfield Capital Corporation Financial information for Northfield Capital Corporation
matdesign24 U.S. retail inflation stayed fairly tame in February, with the headline consumer price index up 2.4% from a year earlier. But the wildest moves in the Bureau of Labor Statistics data were anything but tame. Among the five biggest Y/Y gainers in the February CPI report were instant coffee; up 27% Y/Y; coffee (overall) +18.4%; roasted coffee +16.9%; uncooked beef steaks +16.3%; and lettu...
matdesign24 U.S. retail inflation stayed fairly tame in February, with the headline consumer price index up 2.4% from a year earlier. But the wildest moves in the Bureau of Labor Statistics data were anything but tame. Among the five biggest Y/Y gainers in the February CPI report were instant coffee; up 27% Y/Y; coffee (overall) +18.4%; roasted coffee +16.9%; uncooked beef steaks +16.3%; and lettuce +15.3%. The five biggest decliners were eggs, down 42.1% Y/Y; smartphones -13.9%; consumer info items -12.2%; butter -7.6% and admission to sporting events -6.9%. Seeking Alpha More on the U.S. Economy Middle East War Intensifies, IEA Proposes A Coordinated Release Of Strategic Reserves, G7 To Consider U.S. Dollar Index (DXY): Technical Picture As Inflation And Geopolitical Uncertainty Loom Investors Find Hope In The Fog Of War Treasury yields edge higher after CPI data meets forecast estimates Inflation will take a year to hit Fed target after a spring pop - Pantheon Macro
peterschreiber.media/iStock via Getty Images Bitcoin ( BTC-USD ) could climb toward $120,000–$140,000 by the end of the year if macroeconomic risks ease and monetary conditions remain supportive, Jeff Mei, chief operating officer at BTSE, said in an interview with Seeking Alpha. “Our base case scenario is if AI fears blow over, the U.S. does not go to war with Iran, and the Fed maintains interest ...
peterschreiber.media/iStock via Getty Images Bitcoin ( BTC-USD ) could climb toward $120,000–$140,000 by the end of the year if macroeconomic risks ease and monetary conditions remain supportive, Jeff Mei, chief operating officer at BTSE, said in an interview with Seeking Alpha. “Our base case scenario is if AI fears blow over, the U.S. does not go to war with Iran, and the Fed maintains interest rates at their current level,” Mei said. “If this occurs, we believe that U.S. stock and crypto markets will continue their upward trajectory.” As a bellwether, Bitcoin “could very well end up back in the $120,000–$140,000 range,” he added. Still, the crypto market has faced a sharp shift in sentiment this year as investors navigate geopolitical tensions, uncertainty around artificial intelligence investments, and the path of U.S. monetary policy. Year to date, Bitcoin was down ~20%. “There’s a lot of uncertainty in the market right now,” Mei said, citing risks including renewed U.S. tariff threats and the possibility of a U.S.-Iran conflict. “When there’s such uncertainty in the market, oftentimes traders dump high-beta assets such as crypto and tech stocks first and ask questions later.” Bitcoin’s trading behavior also reflects its close ties with risk assets rather than traditional safe havens, Mei noted. “Bitcoin has always traded in tandem with high-beta assets like tech stocks, rather than gold, and it’s unlikely this will change in the near future.” Despite the recent correction, Mei said the underlying fundamentals for the sector remain intact. “This recent sell-off has been largely driven by speculation and has been unwarranted since the fundamentals for crypto haven’t changed,” he said. Institutional participation has also helped stabilize the market, he added, noting that institutions now own about 18% of Bitcoin’s supply, compared with roughly 3–4% four years ago, making them more likely to hold through downturns. However, Mei urged investors to remain cautious ...
Kodiak Gas Services Inc. ( KGS ) on Wednesday said its subsidiary, Kodiak Gas Services LLC, launched a private offering of $750 million in senior unsecured notes due 2031. The company said it intends to use the net proceeds, along with cash and funds available under its revolving asset-based loan credit facility, to redeem all outstanding 7.25% senior notes due 2029. Kodiak also expects to use amo...
Kodiak Gas Services Inc. ( KGS ) on Wednesday said its subsidiary, Kodiak Gas Services LLC, launched a private offering of $750 million in senior unsecured notes due 2031. The company said it intends to use the net proceeds, along with cash and funds available under its revolving asset-based loan credit facility, to redeem all outstanding 7.25% senior notes due 2029. Kodiak also expects to use amounts available under the credit facility to fund the acquisition of 100% of the membership interests of Distributed Power Solutions. The notes will be offered in a private placement to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. KGS is -0.36% to $56.275. Source: Press Release More on Kodiak Gas Services Kodiak Gas Services, Inc. (KGS) Q4 2025 Earnings Call Transcript Kodiak Gas Services, Inc. (KGS) Distributed Power Solutions, Inc. - M&A Call - Slideshow Kodiak Gas Services, Inc. (KGS) M&A Call Transcript Kodiak Gas Services outlines plans for 750,000 new horsepower deployments through 2030 amid record margin performance Kodiak Gas Services to buy Distributed Power Solutions in $675M cash and stock deal
Jeff Currie, chief strategy officer at Carlyle Energy Pathways, says the Iran war is already impacting the entire global energy supply chain and it will take months to unwind the damage. He warns "keep the hoarding down." Currie speaks on Bloomberg Surveillance. (Source: Bloomberg)
Jeff Currie, chief strategy officer at Carlyle Energy Pathways, says the Iran war is already impacting the entire global energy supply chain and it will take months to unwind the damage. He warns "keep the hoarding down." Currie speaks on Bloomberg Surveillance. (Source: Bloomberg)
sansa55/iStock via Getty Images Sibanye Stillwater Limited ( SBSW ) is a cyclical stock, making it essential to have a forward-looking view of its influencing variables instead of anchoring realised results. I previously covered Sibanye in March 2025, where I communicated a hold rating. I acknowledge the stock's strong year-over-year run-up. However, I've decided to downsize my exposure to Sibanye...
sansa55/iStock via Getty Images Sibanye Stillwater Limited ( SBSW ) is a cyclical stock, making it essential to have a forward-looking view of its influencing variables instead of anchoring realised results. I previously covered Sibanye in March 2025, where I communicated a hold rating. I acknowledge the stock's strong year-over-year run-up. However, I've decided to downsize my exposure to Sibanye because I foresee a cyclical peak emerging; herewith are my latest thoughts. Assessing Sibanye's Recent Performance I think the best way to make sense of Sibanye's recent performance would be to roll back to a 2020 - 2024 timeframe. For those who recall, Sibanye delivered robust operating margins during fiscal years 2020 and 2022 (Figure 1). However, we saw a drop-off between the years 2023 until ~mid-2025- the reasons for the disparity is expanded upon later in the article. Figure 1 (Seeking Alpha) In relation to its fundamental performance, we saw Sibanye's stock surge between 2021 and mid-2022. A steep drop-off was observed in late fiscal 2022 until 2025. A sharp recovery followed in 2025 - Sibanye's price returns have reached ~285% year-over-year. Data by YCharts How have I positioned in and out of Sibanye these past few years? Sticking to my post-2024 views, I turned bullish on Sibanye's prospects as a deep value play in late 2024. The stock increased sharply into 2025, subsequently leading me into a market neutral outlook in March, 2025. My idea in March, 2025 was: maintain bullish exposure to Sibanye's subsidiary , DRDGold ( DRD ) and sell out of Sibanye. Although DRDGold has delivered a total return in excess of 240% since I last covered it in late 2024 (link here), I evidently started doubting Sibanye too early. Side Note: In my late-2024 DRDGold call, I stated: "I hold a bullish view on Gold prices amid U.S. dollar weakness and economic tail risk." - my thought at the time centred on the USD Index ( DXY ) facing cyclical weakness, which set-up a perfect opportuni...
Top 5 Initiations: BofA initiated coverage of Ligand (LGND) with a Buy rating and $244 price target. Citing a portfolio of more than 100 high-value commercial and development assets, increasing needs for flexible, non-dilutive capital in the industry and a lean cost structure, BofA contends that the biopharma royalty firm can continue to deliver on its "aggressive earnings targets." Barclays initi...
Top 5 Initiations: BofA initiated coverage of Ligand (LGND) with a Buy rating and $244 price target. Citing a portfolio of more than 100 high-value commercial and development assets, increasing needs for flexible, non-dilutive capital in the industry and a lean cost structure, BofA contends that the biopharma royalty firm can continue to deliver on its "aggressive earnings targets." Barclays initiated coverage of Nova (NOVA) with an Overweight rating and $465 price target. As the industry transitions to more metrologically intensive technologies, Nova has "multiple avenues of growth" amid accelerating wafter fab equipment spending, the firm tells investors in a research note. Wells Fargo initiated coverage of Harley-Davidson (HOG) with an Underweight rating and $15 price target. The company has "suffered years of underperformance" and the firm sees "no clear relief in sight" as demand remains poor, dealer health seems challenged, and questions remain around the direction of the business. \Wells Fargo initiated coverage of Hasbro (HAS) with an Equal Weight rating and $98 price target. Wells sees a balanced risk/reward at current share levels.
Oracle ( ORCL ) declares $0.50/share quarterly dividend , in line with previous. Forward yield 1.19% Payable April 24; for shareholders of record April 9; ex-div April 9. See ORCL Dividend Scorecard, Yield Chart, & Dividend Growth. More on Oracle Oracle: Heavy Capex, Heavy Debt, Heavy Upside Oracle Corporation (ORCL) Q3 2026 Earnings Call Transcript Oracle: Trust The Math (Rating Downgrade) Oracle...
Oracle ( ORCL ) declares $0.50/share quarterly dividend , in line with previous. Forward yield 1.19% Payable April 24; for shareholders of record April 9; ex-div April 9. See ORCL Dividend Scorecard, Yield Chart, & Dividend Growth. More on Oracle Oracle: Heavy Capex, Heavy Debt, Heavy Upside Oracle Corporation (ORCL) Q3 2026 Earnings Call Transcript Oracle: Trust The Math (Rating Downgrade) Oracle surges after 'strong' Q3 and outlook, gets upgrade at J.P. Morgan Oracle delivers 'even better than it looks' quarter, DA Davidson analyst, Gil Luria says
She told MPs on the Treasury committee earlier on Wednesday that it is "much too early" to guess where petrol prices will be in September and she is "very loath to spend government money on something that the market should be doing".
She told MPs on the Treasury committee earlier on Wednesday that it is "much too early" to guess where petrol prices will be in September and she is "very loath to spend government money on something that the market should be doing".
Eli Lilly has pledged an additional US$3 billion investment in China over the next decade to strengthen its local supply chain and manufacturing capabilities, deepening the footprint of foreign pharmaceutical giants in the world’s second-largest healthcare market The move would bring the total cumulative investment of Eli Lilly, the world’s largest pharmaceutical company by market capitalisation, ...
Eli Lilly has pledged an additional US$3 billion investment in China over the next decade to strengthen its local supply chain and manufacturing capabilities, deepening the footprint of foreign pharmaceutical giants in the world’s second-largest healthcare market The move would bring the total cumulative investment of Eli Lilly, the world’s largest pharmaceutical company by market capitalisation, in China to nearly US$6 billion, according to a statement released on its WeChat account on Wednesday. “This investment … underscores our strategic layout and firm commitment to the future,” said Edgardo Hernandez, executive vice-president and president of manufacturing operations at the US giant. Advertisement The centrepiece of the new investment is the establishment of a domestic production and supply system for oral solid preparations. Eli Lilly plans to build high-volume manufacturing capacity for orforglipron, its first-in-class oral small-molecule GLP-1 receptor agonist currently under review for the treatment of type 2 diabetes and obesity. Local and global players are racing to capture share in China’s GLP-1 market, which has been heating up as the patent on Novo Nordisk’s semaglutide is expiring this month, opening the door for a wave of Chinese generics to challenge its dominance. Eli Lilly’s move comes as China deals with about 148 million people with type 2 diabetes and more than 500 million overweight and obese individuals. Photo: Shutterstock At the same time, Eli Lilly said it would expand its reach through strategic partnerships with domestic leaders, including Pharmaron Beijing, a prominent contract research and manufacturing organisation. Eli Lilly would invest US$200 million to support Pharmaron’s technical capacity building, with the potential for further scale-up as the project evolved.