NoDerog A massive fire at a Kimberly-Clark (KBM) Southern California paper goods warehouse is pressuring shares on Tuesday as the blaze was seen engulfing nearly the entire 1.2 million square foot facility. According to the deputy chief of the Ontario, California, fire department, Mike Wedell, the flames grew “exponentially,” resulting in the roof collapsing and forcing firefighters to retreat fro...
NoDerog A massive fire at a Kimberly-Clark (KBM) Southern California paper goods warehouse is pressuring shares on Tuesday as the blaze was seen engulfing nearly the entire 1.2 million square foot facility. According to the deputy chief of the Ontario, California, fire department, Mike Wedell, the flames grew “exponentially,” resulting in the roof collapsing and forcing firefighters to retreat from the fire. Resources from neighboring agencies were enlisted to battle the fire, with more than 140 personnel assisting the Ontario fire department. Wedell told media sources on site that it appears the six-alarm fire was set intentionally by an employee of the warehouse. A person of interest is currently in custody. “Safety is our top priority, and we can confirm there are no reported injuries. The facility is operated by a third-party partner, and we are working closely with them and local authorities. We will share additional information as it becomes available,” Kimberly-Clark ( KMB ) said in a statement. Shares are down 4% to a record low of $92.82. More on Kimberly-Clark Kimberly-Clark: Better Margins Offset Weak Revenue Growth Kimberly-Clark: The Bad Omen Of Large Deals 3 Reasons To Own Kimberly-Clark In 2026 Most and least shorted large-cap consumer staples at March end UK regulators to investigate the proposed JV between Kimberly-Clark and Suzano
PM Images/DigitalVision via Getty Images The Vanguard Mortgage-Backed Securities ETF ( VMBS ) provides passive exposure to U.S. agency mortgage pass-through securities issued by GNMA, FNMA, and FHLMC via the Bloomberg U.S. MBS Float Adjusted Index. At a 0.03% expense ratio , it is the lowest-cost agency MBS fund on the market. The fund holds over 5,000 individual pool aggregates , trades approxima...
PM Images/DigitalVision via Getty Images The Vanguard Mortgage-Backed Securities ETF ( VMBS ) provides passive exposure to U.S. agency mortgage pass-through securities issued by GNMA, FNMA, and FHLMC via the Bloomberg U.S. MBS Float Adjusted Index. At a 0.03% expense ratio , it is the lowest-cost agency MBS fund on the market. The fund holds over 5,000 individual pool aggregates , trades approximately 1.9 million shares daily, and currently sits at roughly $14.9 billion in AUM after a notable institutional rebalancing event in early 2025. This fund does a great job of providing passive access to agency MBS at a cheap cost. However, the question regarding VMBS is why buy agency MBS when there are better alternatives with higher yields, near-zero duration, and similar credit quality? Due to this, I am initiating VMBS on Seeking Alpha as a hold . The opportunity cost relative to securitized credit alternatives (such as AAA CLOs) is too large for me to ignore. That isn’t to say agency MBS is bad for existing holders collecting the carry, but I would not initiate new positions here. The Positives for Agency MBS The macro environment for agency MBS has improved meaningfully as of late. Quantitative tightening ended on 12/01/2025 , after reducing agency MBS by approximately $600 billion since June of 2022. MBS' runoff still continues at a smaller scale, at about $ 15-$20 billion a month, which is below the $35 billion cap. Additionally, President Donald Trump had directed FNMA and Freddie Mac to purchase approximately 200 billion in agency MBS, and the combined GSE portfolios grew by $10.5 billion in February of 2026, with Fannie and Freddie ramping up purchases as spreads widened in March. Spreads have settled to about 200 bps over Treasuries. Bank demand is returning as well due to a steeper yield curve and the Federal Reserve softening Basel III requirements , which are creating conditions for banks to step back into MBS, albeit cautiously. This is a touchier topic of d...
Palantir Technologies (NasdaqGS:PLTR) is under growing ethical scrutiny in the UK as NHS staff groups push for boycotts of its platforms. The pressure centers on Palantir's NHS data work and its defense sector contracts, including high profile US government programs. The company has responded publicly, defending its role in military projects and its approach to data governance and ethics. For inve...
Palantir Technologies (NasdaqGS:PLTR) is under growing ethical scrutiny in the UK as NHS staff groups push for boycotts of its platforms. The pressure centers on Palantir's NHS data work and its defense sector contracts, including high profile US government programs. The company has responded publicly, defending its role in military projects and its approach to data governance and ethics. For investors watching Palantir at a share price of $147.93, this tension sits alongside a 1 year...
Major cloud providers are reallocating AI server spending from legacy x86 CPUs by NasdaqGS:AMD and Intel toward proprietary Arm-based chips. Arm CPUs are projected to account for most custom AI ASIC deployments by 2029, signaling a shift in how hyperscalers design their data center infrastructure. This transition affects demand patterns for traditional x86 data center processors used in large scal...
Major cloud providers are reallocating AI server spending from legacy x86 CPUs by NasdaqGS:AMD and Intel toward proprietary Arm-based chips. Arm CPUs are projected to account for most custom AI ASIC deployments by 2029, signaling a shift in how hyperscalers design their data center infrastructure. This transition affects demand patterns for traditional x86 data center processors used in large scale AI and cloud workloads. For you as an investor looking at NasdaqGS:AMD, this shift comes at a...
The Dow Jones Industrial Average and other major stock indexes pared losses Tuesday ahead of President Donald Trump's deadline for Iran to open the Strait of Hormuz. Meanwhile, two names found strength and broke out of bases as UnitedHealth Group topped the Dow on the stock market today. Coming off session lows, the Dow was down 0.3% while the S&P 500 slipped 0.3%.
The Dow Jones Industrial Average and other major stock indexes pared losses Tuesday ahead of President Donald Trump's deadline for Iran to open the Strait of Hormuz. Meanwhile, two names found strength and broke out of bases as UnitedHealth Group topped the Dow on the stock market today. Coming off session lows, the Dow was down 0.3% while the S&P 500 slipped 0.3%.
Nu Holdings (NYSE:NU) has appointed former Amazon executive Diego Piacentini to its board of directors. The company is advancing its U.S. banking approval process as part of a broader global expansion plan. These developments reflect Nu's efforts to expand beyond its core Latin American markets into the U.S. Nu Holdings, known for its digital banking and financial services focus in Latin America, ...
Nu Holdings (NYSE:NU) has appointed former Amazon executive Diego Piacentini to its board of directors. The company is advancing its U.S. banking approval process as part of a broader global expansion plan. These developments reflect Nu's efforts to expand beyond its core Latin American markets into the U.S. Nu Holdings, known for its digital banking and financial services focus in Latin America, is moving further into the global fintech arena with these latest steps. The appointment of...
The world's largest exchange-traded fund, SPDR S&P 500 Trust ( SPY ), saw outflows of $4.93B for the week ending April 3, while its price increased by 3.78%. iShares Silver Trust ETF ( SLV ) recorded outflows totaling $302.59M, while its price increased by 3.57% during the week. On the other hand, the Gold SPDR Gold Shares ETF ( GLD ) recorded inflows totaling $220.23M last week while GLD prices r...
The world's largest exchange-traded fund, SPDR S&P 500 Trust ( SPY ), saw outflows of $4.93B for the week ending April 3, while its price increased by 3.78%. iShares Silver Trust ETF ( SLV ) recorded outflows totaling $302.59M, while its price increased by 3.57% during the week. On the other hand, the Gold SPDR Gold Shares ETF ( GLD ) recorded inflows totaling $220.23M last week while GLD prices rose 3.58% during the week. iShares Bitcoin Trust ETF ( IBIT ) saw an outflow of $182.10M last week, while Bitcoin ( BTC-USD ) price slipped 1.36% during the same period. Last week’s inflows/outflows The 11 S&P 500 sector tracking ETFs collectively recorded inflows of about $106.57M last week, according to data from etfdb.com. The top sector inflows were led by the Energy Select Sector SPDR Fund ( XLE ), which recorded $470.24M, followed by the Technology Select Sector SPDR Fund ( XLK ) with $268.97M and the Materials Select Sector SPDR Fund ( XLB ) at $262.06M. On the other hand, the largest outflows were seen in the Consumer Discretionary Select Sector SPDR Fund ( XLY ), totaling $583.03M, followed by the Consumer Staples Select Sector SPDR Fund ( XLP ) with $248.83M in outflows, and the Communication Services Select Sector SPDR Fund ( XLC ), which recorded $171.22M in outflows. Five of the 11 sectors recorded outflows in the last week. Breakdown of S&P 500 sector fund flows: Name of fund Ticker Inflows Energy Select Sector SPDR Fund ( XLE ) $470.24M Technology Select Sector SPDR Fund ( XLK ) $268.97M Materials Select Sector SPDR Fund ( XLB ) $262.06M Financial Select Sector SPDR Fund ( XLF ) $97.12M Utilities Select Sector SPDR Fund ( XLU ) $21.23M Real Estate Select Sector SPDR Fund ( XLRE ) $10.65M Health Care Select Sector SPDR Fund ( XLV ) ($0.41M) Industrial Select Sector SPDR Fund ( XLI ) ($20.21M) Communication Services Select Sector SPDR Fund ( XLC ) ($171.22M) Consumer Staples Select Sector SPDR Fund ( XLP ) ($248.83M) Consumer Discretionary Select Sector SPDR Fu...
Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) shares has risen 5.6% by Tuesday afternoon following the announcement of key supply agreements with Google and Anthropic as investors cheered the chipmaker’s expanding role in the AI accelerator market. Under the agreements, Broadcom will serve as a...
Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) shares has risen 5.6% by Tuesday afternoon following the announcement of key supply agreements with Google and Anthropic as investors cheered the chipmaker’s expanding role in the AI accelerator market. Under the agreements, Broadcom will serve as a...
Is China picking back up the open source AI baton? Z.ai, also known as Zhupai AI, a Chinese AI startup best known for its powerful, open source GLM family of models, has unveiled GLM-5.1 today under a permissive MIT License , allowing for enterprises to download, customize and use it for commercial purposes. They can do so on Hugging Face . This follows its release of GLM-5 Turbo, a faster version...
Is China picking back up the open source AI baton? Z.ai, also known as Zhupai AI, a Chinese AI startup best known for its powerful, open source GLM family of models, has unveiled GLM-5.1 today under a permissive MIT License , allowing for enterprises to download, customize and use it for commercial purposes. They can do so on Hugging Face . This follows its release of GLM-5 Turbo, a faster version , under only proprietary license last month. The new GLM-5.1 is designed to work autonomously for up to eight hours on a single task, marking a definitive shift from vibe coding to agentic engineering. The release represents a pivotal moment in the evolution of artificial intelligence. While competitors have focused on increasing reasoning tokens for better logic, Z.ai is optimizing for productive horizons. GLM-5.1 is a 754-billion parameter Mixture-of-Experts model engineered to maintain goal alignment over extended execution traces that span thousands of tool calls. "agents could do about 20 steps by the end of last year," wrote z.ai leader Lou on X . "glm-5.1 can do 1,700 rn. autonomous work time may be the most important curve after scaling laws. glm-5.1 will be the first point on that curve that the open-source community can verify with their own hands. hope y'all like it^^" In a market increasingly crowded with fast models, Z.ai is betting on the marathon runner. The company, which listed on the Hong Kong Stock Exchange in early 2026 with a market capitalization of $52.83 billion, is using this release to cement its position as the leading independent developer of large language models in the region. Technology: the staircase pattern of optimization GLM-5.1s core technological breakthrough isn't just its scale, though its 754 billion parameters and 202,752 token context window are formidable, but its ability to avoid the plateau effect seen in previous models. In traditional agentic workflows, a model typically applies a few familiar techniques for quick initial gain...
- President Donald Trump threatened Iran with civilizational destruction as the US attacked military targets on the country’s key oil export hub, ramping up pressure on Tehran to reopen the Strait of Hormuz by his Tuesday deadline or face massive strikes on critical infrastructure. Iran halted participation in ceasefire talks in response to Trump’s social media post, according to a person familiar...
- President Donald Trump threatened Iran with civilizational destruction as the US attacked military targets on the country’s key oil export hub, ramping up pressure on Tehran to reopen the Strait of Hormuz by his Tuesday deadline or face massive strikes on critical infrastructure. Iran halted participation in ceasefire talks in response to Trump’s social media post, according to a person familiar with the matter who asked not to be identified discussing private deliberations. Those discussions have been conducted through third-party channels. Mediators were scrambling to resuscitate negotiations ahead of the deadline, the person said. Jen Gavito, Senior Advisor with the Cohen Group/Former-Acting Principal Deputy Assistant Secretary of State for Near Eastern Affairs under President Biden joins Balance of Power to discuss. (Source: Bloomberg)
On April 2, 2026, MoonLake Immunotherapeutics (NASDAQ:MLTX) BVF Partners L.P. reported the direct sale of 3,750,000 shares of Common Stock for a total consideration of approximately $62.96 million, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($16.79). * One-year price change calculated using April 2, 2026, as the reference date. Continue...
On April 2, 2026, MoonLake Immunotherapeutics (NASDAQ:MLTX) BVF Partners L.P. reported the direct sale of 3,750,000 shares of Common Stock for a total consideration of approximately $62.96 million, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($16.79). * One-year price change calculated using April 2, 2026, as the reference date. Continue reading