US equity indexes remained in decline after midday Monday, albeit off session lows, following a virt Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
US equity indexes remained in decline after midday Monday, albeit off session lows, following a virt Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Artificial intelligence (AI) may be the most advanced technology humankind has ever made. The irony, though? Most of it runs on an aging, highly strained electric grid that was built in the 1960s, a few decades before personal computers were even an everyday household item. Clearly, if AI is going to advance further, a new energy solution is needed to supply the power. Oregon-based NuScale Power (...
Artificial intelligence (AI) may be the most advanced technology humankind has ever made. The irony, though? Most of it runs on an aging, highly strained electric grid that was built in the 1960s, a few decades before personal computers were even an everyday household item. Clearly, if AI is going to advance further, a new energy solution is needed to supply the power. Oregon-based NuScale Power (SMR +2.57%) may just have the answer. Expand NYSE : SMR NuScale Power Today's Change ( 2.57 %) $ 0.30 Current Price $ 11.97 Key Data Points Market Cap $3.7B Day's Range $ 11.23 - $ 12.06 52wk Range $ 11.08 - $ 57.42 Volume 496K Avg Vol 26M Gross Margin 33.84 % NuScale is a nuclear energy company that's developing small modular reactors (SMRs). These reactors are compact and can be deployed in clusters. They can supply on-site power to data center operators, military camps, companies, towns, and others that need more than what the grid can provide. NuScale is currently the only U.S. company with an SMR design that's been approved by the Nuclear Regulatory Commission (NRC). While the company hasn't made a first sale yet, it is finally moving forward with a potential first SMR project in Romania. It is also in talks with the Tennessee Valley Authority to deploy up to 6 gigawatts of SMR capacity across seven states. The company is nowhere near profitable. It's burning cash and operating at a net loss. Without a firm first sale, it's unclear when revenue growth will really take off. However, the opportunity for its technology could be immense. Research from Bank of America (BAC 3.35%) estimates that nuclear energy represents a $10 trillion market opportunity right now, with SMR technology at the forefront of the renaissance. However you slice it, nuclear is turning into a critical component for AI data centers. NuScale Power may be the company most well-positioned to supply it. For investors looking for exposure to AI energy, NuScale stock looks like one of the best stocks to ho...
Mallorca’s Vedat Muriqi and Osasuna’s Ante Budimir have 31 league goals between them this season, with three coming in a dramatic draw on Saturday This is the story of the Pirate and the Swan . When Vedat Muriqi was little, which he never really was, he couldn’t always find boots to play in. An adult and a giant before his time, working and shaving at 14, a striker starting out for KF Liria in Pri...
Mallorca’s Vedat Muriqi and Osasuna’s Ante Budimir have 31 league goals between them this season, with three coming in a dramatic draw on Saturday This is the story of the Pirate and the Swan . When Vedat Muriqi was little, which he never really was, he couldn’t always find boots to play in. An adult and a giant before his time, working and shaving at 14, a striker starting out for KF Liria in Prizren, Kosovo, he was 6ft 4in, his feet were size 15, and back home back then you couldn’t get anything that big. Fortunately, one day an aunt in Finland came across a pair of European 48.5s and, pleased as could be, sent them his way. As he opened the box, Vedat released they were made for rugby but he didn’t have the heart to tell her and, anyway, at least they fit. They also fit . The man whose former coach had described him as “a strange, ugly beast” you would “cross the street to avoid” and who couldn’t help but agree, admitting “if I saw me I’d cross over too”, wasn’t much good, or so he said. For a time they called him the Cannibal – a name he identified with, albeit “one that doesn’t eat children” – and soon they called him the Pirate, which he liked more, placing a patch over his left eye when he scored, but a player ? That was something else. Someone else too: “I look at Sergi Darder and Dani Rodríguez : if they’re footballers … what am I?” he asked . “Sometimes I feel like I don’t play football; I play a different sport.” Continue reading...
What to know about Mojtaba Khamenei, Iran's new supreme leader toggle caption Atta Kenare/AFP via Getty Images Iran's killed supreme leader will be replaced by one of his sons, Mojtaba Khamenei, a mid-ranking cleric who has until now wielded his power exclusively behind the scenes. Iran's Assembly of Experts — the clerical body tasked with selecting the country's supreme leader — said on Sunday th...
What to know about Mojtaba Khamenei, Iran's new supreme leader toggle caption Atta Kenare/AFP via Getty Images Iran's killed supreme leader will be replaced by one of his sons, Mojtaba Khamenei, a mid-ranking cleric who has until now wielded his power exclusively behind the scenes. Iran's Assembly of Experts — the clerical body tasked with selecting the country's supreme leader — said on Sunday that a majority of its members voted to appoint Khamenei as the Islamic Republic's third supreme leader since its founding in 1979. The announcement appeared in state media just over a week after the former supreme leader, Ayatollah Ali Khamenei, was killed in a joint U.S.-Israeli attack. His nearly four-decade rule was marked by staunch opposition to both countries as well as any efforts to reform or modernize Iran. Questions loom about Iran's future as it responds with continued strikes on Israel and Gulf states. The younger Khamenei's appointment answers some of those questions. The 56-year-old has close ties to Iran's paramilitary Revolutionary Guard Corps (IRGC), signaling a continuation of his father's hard-line theocratic rule. Sponsor Message "[Of] all the candidates that were put out there, he was the one that was closest to the IRGC. He was also very well-connected in his father's own office," Iran specialist Afshon Ostovar told NPR last week, as Khamenei emerged as one of the most likely successors. Ostovar said his selection would mean "the regime wants to preserve as much of the status quo as possible." But Khamenei is also a relative mystery. He has never held a formal position in government. And he rarely speaks or appears in public, save for occasional loyalist rallies. "He's kind of an unknown quantity," Ostovar said. "He's sort of a guy who you see in pictures, in meetings, that sort of thing, kind of in the background." But he has long been accused — including by analysts, Iranian dissidents and the U.S. government — of amassing power and pulling strings fr...
May arabica coffee (KCK26) today is up +2.20 (+0.75%), and May ICE robusta coffee (RMK26) is down -10 (-0.27%). NY arabica coffee prices today posted a new 3-week high. Coffee prices have continued to receive support from potential supply disruptions, as the war in Iran has halted shipping through the Strait of Hormuz. The closure of the waterway has increased global shipping rates, insurance, and...
May arabica coffee (KCK26) today is up +2.20 (+0.75%), and May ICE robusta coffee (RMK26) is down -10 (-0.27%). NY arabica coffee prices today posted a new 3-week high. Coffee prices have continued to receive support from potential supply disruptions, as the war in Iran has halted shipping through the Strait of Hormuz. The closure of the waterway has increased global shipping rates, insurance, and fuel costs, and raises costs for coffee importers and roasters. Also, coffee prices have positive carryover from last Thursday when Brazil's Trade Ministry reported that Brazil's Feb coffee exports fell -17.4% y/y to 142,000 MT. Don’t Miss a Day: Coffee prices are being undercut by mild dollar strength today. Smaller coffee supplies from Colombia, the world's second-largest arabica producer, are supportive of prices, following the National Federation of Coffee Growers' report that January coffee production fell by -34% y/y to 893,000 bags. As a bearish factor, Somar Meteorologia reported Monday that Brazil's largest arabica coffee-growing area, Minas Gerais, received 14.9 mm of rain last week, or 35% of the historical average. Coffee prices in February sold off sharply, with arabica falling to a 15-month low on February 24 and robusta tumbling to a 6.75-month low on February 23 as signs of a bumper Brazilian coffee crop have improved the global supply outlook. On February 5, Conab, Brazil's crop forecasting agency, said that Brazil's 2026 coffee production will climb by +17.2% y/y to a record 66.2 million bags, with arabica production up +23.2% y/y to 44.1 million bags and robusta production up +6.3% y/y to 22.1 million bags. Meanwhile, Rabobank said on March 4 that global coffee production is projected to reach a record 180 million bags in the 2026/27 season, up by about 8 million bags from a year earlier. Soaring coffee exports from Vietnam, the world's largest robusta producer, are bearish for robusta prices. Vietnam's National Statistics Office reported on March 6 that...
In this article USO XOM CVX Follow your favorite stocks CREATE FREE ACCOUNT A driver refuels a vehicle at a Wawa gas station in Media, Pennsylvania, US, on Monday, March 2, 2026. Matthew Hatcher | Bloomberg | Getty Images With oil spiking to $100 a barrel and the job market essentially paralyzed, the threat of stagflation again is looming over the U.S. economy and financial markets. High inflation...
In this article USO XOM CVX Follow your favorite stocks CREATE FREE ACCOUNT A driver refuels a vehicle at a Wawa gas station in Media, Pennsylvania, US, on Monday, March 2, 2026. Matthew Hatcher | Bloomberg | Getty Images With oil spiking to $100 a barrel and the job market essentially paralyzed, the threat of stagflation again is looming over the U.S. economy and financial markets. High inflation and slow growth present a double threat, as stimulative measures such as interest rate cuts and government spending only aggravate inflation. Persistently higher prices in turn can put a damper on the labor market as well as the consumer spending that drives more than two-thirds of the U.S. economic engine. "I have been concerned about the threat of stagflation for a long time, in part because there are so many different inflationary pressures on the economy," CME Group chief economist Erik Norland said. "You have huge budget deficits, inflation above target, and central banks are easing policy anyway. And then you add to that $100 per barrel oil." Markets were rattled again Monday over the prospect of prolonged fighting in the Middle East . Early in the session, U.S. crude oil soared past the $100 a barrel mark for the first time since 2022, though prices eased heading into the afternoon. Stock Chart Icon Stock chart icon crude prices The surge in energy costs came just a couple days after the Bureau of Labor Statistics reported that the economy lost 92,000 jobs in February while the unemployment rate edged higher to 4.4%. The weak jobs number followed a pattern of stagnant job growth that began in early 2025, raising fresh fears that the air had been let out of a strong growth spurt through most of last year. Total job growth for all of 2025 — 116,000 — was 5,000 less than the monthly average for the prior year. At the same time, core inflation as measured through the Federal Reserve's preferred gauge last stood at 3%, a full percentage point above the central bank's tar...
What if the biggest risk to the AI revolution isn't bad models or overhyped startups — but a shipping lane? The entire global AI buildout runs on chips designed by Nvidia Corp (NASDAQ:NVDA) . Data centers worth hundreds of billions are being planned around them. Investors have pushed the company to the center of the tech universe. But Nvidia doesn't actually manufacture its chips. And the country ...
What if the biggest risk to the AI revolution isn't bad models or overhyped startups — but a shipping lane? The entire global AI buildout runs on chips designed by Nvidia Corp (NASDAQ:NVDA) . Data centers worth hundreds of billions are being planned around them. Investors have pushed the company to the center of the tech universe. But Nvidia doesn't actually manufacture its chips. And the country that does depends on energy shipped through one of the most fragile chokepoints in global trade. Nvidia Designs The Chips. TSMC Actually Builds Them Every cutting-edge Nvidia AI processor is manufactured by Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) . From training clusters used by large language models to the GPUs powering hyperscale data centers, Nvidia's designs ultimately become physical chips inside TSMC's fabs. That means the AI supply chain runs through Taiwan. For years, investors have focused on the geopolitical risks around Taiwan's relationship with China. But another vulnerability sits quietly in the background: energy. Taiwan imports roughly 97–98% of its energy, much of it shipped through global energy routes tied to the Middle East. In other words, the fabs producing Nvidia's most important chips depend on energy that ultimately flows through the Strait of Hormuz. South Korea Just Showed What Energy Risk Looks Like The market recently got a real-time stress test of that vulnerability. Like Taiwan, South Korea imports nearly all of its energy. And like Taiwan, its semiconductor industry runs massive fabrication plants that require enormous and continuous power. Once investors realized that geopolitical events could threaten the energy feeding those fabs, semiconductor stocks moved fast. The Hidden Constraint Behind The AI Boom The AI boom is being financed at historic scale. But those chips must first be fabricated at TSMC. And those fabs consume staggering amounts of power. Which means the AI supply chain ultimately depends on something far mo...
Dzmitry Skazau/iStock via Getty Images Fund Strategy Seeks to achieve compelling risk-adjusted returns by using a relative-value framework for duration (within one year of the benchmark), yield-curve positioning, sector allocation, and security selection decisions Allows our portfolio managers to strategically allocate up to 35% in plus sectors, including high-yield debt, emerging market debt, and...
Dzmitry Skazau/iStock via Getty Images Fund Strategy Seeks to achieve compelling risk-adjusted returns by using a relative-value framework for duration (within one year of the benchmark), yield-curve positioning, sector allocation, and security selection decisions Allows our portfolio managers to strategically allocate up to 35% in plus sectors, including high-yield debt, emerging market debt, and non-U.S.-dollar corporate and government debt Combines a top-down and bottom-up approach and uses a six-month investment horizon to anticipate market cycles and then position the fund accordingly May be used as a foundational fixed-income allocation, with portfolio managers responsible for tactically allocating to plus sectors in an effort to enhance the fund's total return Average Annual Total Returns (%) As Of 12/31/2025* 3 MONTH YEAR TO DATE 1 YEAR 3 YEAR 5 YEAR 10 YEAR SINCE FUND INCEPTION (7/13/98)^ Core Plus Bond Fund-Inst 1.01 7.36 7.36 5.48 0.29 3.31 4.39 Bloomberg U.S. Aggregate Bond Index 1.10 7.30 7.30 4.66 -0.36 2.01 — Lipper Core Plus Bond Funds Average 1.06 7.54 7.54 5.21 -0.01 2.46 — Click to enlarge *Returns for periods less than one year are not annualized. Figures quoted represent past performance, which is no guarantee of future results, and do not reflect taxes a shareholder may pay on an investment in a fund. Investment return, principal value, and yields of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of dividends and capital gains. Current month-end performance is available at the fund's website, Allspring Global Investments: Investment Management & Services . Institutional Class shares are sold without a front-end sales charge or contingent deferred sales charge. The fund's gross expense ratio is 0.47%. The fund's net expense ratio is 0.35%. The manager has contractu...
Karen Vardanian/iStock via Getty Images Van Eck BDC Income ETF ( BIZD ) is the most liquid basket of Private Credit Business Development Companies (“BDCs”) and was certainly not immune from the carnage in Private Credit last week. BIZDs operating expense ratio is almost 50% below the Actively managed Putnam BDC Income ETF ( PBDC ) but which to use and whether to have any long or short position in ...
Karen Vardanian/iStock via Getty Images Van Eck BDC Income ETF ( BIZD ) is the most liquid basket of Private Credit Business Development Companies (“BDCs”) and was certainly not immune from the carnage in Private Credit last week. BIZDs operating expense ratio is almost 50% below the Actively managed Putnam BDC Income ETF ( PBDC ) but which to use and whether to have any long or short position in either are the bigger questions. I will argue that the Acquired Fund Fees and Expenses (“AFFE”) which have been estimated by Van Eck to exceed 12% annually are far more relevant to any decision to buy or sell BIZD or PBDC than the operating expenses. While the Private Credit asset class may present attractive gross long-term returns within fixed income, the incentive fees on income inside the specific BDCs make the publicly traded BDCs that these ETFs can choose from extremely expensive. Such presents a headwind for anyone using BIZD or PBDC to invest in Private Credit. Conversely such provides a tailwind for anyone using BIZD or PBDC to short private credit. NAV Discounts among publicly traded BDCs have grown as well. These constituent holdings are permanent capital though. There is no reason to expect opportunities to ever redeem most publicly traded BDCs for Net Asset Value (“NAV”). The underlying liquidity model for publicly traded BDC holdings of BIZD and PBDC is altogether different from the redemption process (at NAV) of non-traded BDCs that was in the limelight last week. The Week in Private Credit The latest week in Private Credit finished with BlackRock, Inc. ( BLK ) limiting Q1 redemptions of its flagship non-traded private credit fund. As recently as Tuesday, the concerns had only been the requests for record redemptions. And to be clear, BlackRock's $1.2 billion request brought the total among two high-profile non-traded funds revealed in the week to a clean $5 billion. But Blackstone’s massive $82 billion non-traded BCRED had met all of its record-high redempt...
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Oracle's fair value estimate has been revised from US$272.89 to US$255.31, signaling a reset in where analysts think the shares line up against their models. That shift sits alongside Street research, which has broadly trimmed price targets while still describing Oracle as a key ...
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Oracle's fair value estimate has been revised from US$272.89 to US$255.31, signaling a reset in where analysts think the shares line up against their models. That shift sits alongside Street research, which has broadly trimmed price targets while still describing Oracle as a key AI beneficiary across cloud infrastructure, databases and applications. As you read on, you will see how to interpret these moving targets and keep up with the evolving story around the stock. Stay updated as the Fair Value for Oracle shifts by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Oracle. What Wall Street Has Been Saying 🐂 Bullish Takeaways Cantor Fitzgerald, Barclays and TD Cowen all keep positive ratings while trimming targets, pointing to AI driven demand across Oracle Cloud Infrastructure, databases and SaaS as a key part of their thesis. Goldman Sachs and HSBC highlight Oracle as a beneficiary of AI adoption in enterprise software, with Goldman flagging potential share gains in infrastructure as a service. Oppenheimer’s upgrade to Outperform with a US$185 target and Deutsche Bank’s Buy rating with a US$300 target focus on what they view as attractive risk reward after a sharp multiple reset and Oracle’s role in AI related workloads. 🐻 Bearish Takeaways Barclays and Citi cut price targets substantially, to US$230 and US$310 respectively, while pointing to margin pressure from AI build out costs and sector wide multiple compression. Deutsche Bank and TD Cowen both flag heavy capital and cash needs for AI and OCI expansion, which they see as requiring trust and patience as spending and funding plans work through the model. Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives! NYSE:ORCL 1...