St Albans Cathedral, Hertfordshire: The chapel here is a wonderful curiosity, thanks to its restoration by a green-fingered Victorian sculptor All’s quiet in the Lady Chapel, sheltered from the bustle of the city by thick limestone walls of Totternhoe clunch , quarried just a few miles north-west in Bedfordshire. But though I’m aware of being alone in a vast vaulted space, when I look at the stone...
St Albans Cathedral, Hertfordshire: The chapel here is a wonderful curiosity, thanks to its restoration by a green-fingered Victorian sculptor All’s quiet in the Lady Chapel, sheltered from the bustle of the city by thick limestone walls of Totternhoe clunch , quarried just a few miles north-west in Bedfordshire. But though I’m aware of being alone in a vast vaulted space, when I look at the stonework, I feel surrounded by the echoes of women who’ve stood here before me and left their legacy on the chapel walls. By the late 19th century, the Lady Chapel was dilapidated, the 14th-century ornamental stonework almost all obliterated, and an extensive restoration project was under way. John Baker, a London-based ecclesiastical sculptor, was commissioned to recreate the decorative capitals, bosses and corbels on the arches. Baker, known for his naturalistic masonry work, asked the ladies of the parish to bring in plants as models, perhaps to help him replace botanical carvings from the original medieval stonework. Continue reading...
Getty Images By Warren Patterson , Head of Commodities Strategy and Ewa Manthey , Commodities Strategist Energy: Oil market relief The market is now aware of President Trump’s pain threshold on oil prices. ICE Brent surged as much as 28% at one stage yesterday, reaching just below $120/bbl. That came as upstream oil production in the Persian Gulf shut down with little sign of a resumption in oil f...
Getty Images By Warren Patterson , Head of Commodities Strategy and Ewa Manthey , Commodities Strategist Energy: Oil market relief The market is now aware of President Trump’s pain threshold on oil prices. ICE Brent surged as much as 28% at one stage yesterday, reaching just below $120/bbl. That came as upstream oil production in the Persian Gulf shut down with little sign of a resumption in oil flows through the Strait of Hormuz. Yet reports that G-7 finance ministers were considering a significant release of oil from strategic reserves, along with comments from President Trump suggesting that the war might end soon, sent prices plunging later in the session. At one point, Brent traded towards $85/bbl. Trump’s words will only go so far. Ultimately, the market will need to see a resumption of oil flows through the Strait of Hormuz to sustain a move lower in oil prices. Failing that, we are unlikely to have seen the highs yet. Regarding a coordinated release of oil from reserves, the G-7 finance ministers did not make a decision yesterday. There are reports that the group will meet again today and could agree on a coordinated release of 300-400m barrels. This would be a record for coordinated releases. Back in 2022, 182m barrels were released in a coordinated response. When combined with independent releases, this increased to 240m barrels. The mere suggestion of this release has helped ease prices. However, tapping strategic reserves is a temporary fix that only offers short-term relief. A large stock release could affect the forward curve. It could put some pressure at the front end while offering support further along the curve, amid expectations that reserves will need to be replenished down the line. Trump also said his administration will ease oil-related sanctions on some countries until oil flows through the Strait of Hormuz return. While Trump didn’t provide details on which countries could see sanctions eased, reports indicate that his administration is con...
A 42% haircut over just 90 days can make almost any cryptocurrency look like a bargain, at least on the surface. But with Cardano (ADA +2.12%), it's necessary to probe a bit deeper before making a purchase with $1,000 -- despite it being a favorite coin of yesteryear. After all, it's entirely possible for a chain like this one to have a price that's low for a reason. Let's dive in and determine if...
A 42% haircut over just 90 days can make almost any cryptocurrency look like a bargain, at least on the surface. But with Cardano (ADA +2.12%), it's necessary to probe a bit deeper before making a purchase with $1,000 -- despite it being a favorite coin of yesteryear. After all, it's entirely possible for a chain like this one to have a price that's low for a reason. Let's dive in and determine if there's any meat left on the bone here. The coin being priced cheaply doesn't fix its core problem A blockchain's value is determined by the economic activity it hosts, the fees it generates, and the capital it attracts. By those measures, Cardano simply isn't positioned well today, nor is it well-positioned for the future. The chain's total value locked (TVL), which measures the capital held in its decentralized finance (DeFi) protocols, is roughly $141 million. In the grand scheme of things, Cardano's TVL is smaller than that of many chains, which most investors -- including yours truly -- have never even heard of. That makes it an unlikely place to be the next decentralized finance boom. Expand CRYPTO : ADA Cardano Today's Change ( 2.12 %) $ 0.01 Current Price $ 0.26 Key Data Points Market Cap $9.6B Day's Range $ 0.25 - $ 0.26 52wk Range $ 0.23 - $ 1.01 Volume 508M Worse yet, Cardano retained just $270 in chain revenue from the $1,350 in transaction fees it incurred during the 24-hour period ending at 9 a.m. on March 8. For the sake of comparison, Ethereum brought in $77,095 in chain revenue in the same period. Similarly, Cardano's daily active wallet addresses tend to fluctuate between 30,000 and 40,000, versus roughly 700,000 for Ethereum. What's causing Cardano to lag so much? In short, it's a smart contract platform in an ocean of others, including Ethereum. Whatever unique features it's offering to developers or to users with capital, on average, they aren't enough to get people to take the bait and build applications on the chain. Don't pay the patience tax It's s...
Throughout the years, the 30-year-old, who now lives near Sudbury in Suffolk, said there had never been any leads until Saturday, she received a phone call to say Flora had been found.
Throughout the years, the 30-year-old, who now lives near Sudbury in Suffolk, said there had never been any leads until Saturday, she received a phone call to say Flora had been found.
(RTTNews) - Asahi Group Holdings, Ltd. (ASBRF.PK), a Japanese beer, alcohol, and non-alcohol beverages company, reported Tuesday lower profit for the first nine months of fiscal 2025, amid slightly lower revenues. Further, the firm maintained fiscal 2025 earnings and revenue outlook. In Japan, the shares were losing around 2.4 percent, trading at 1,587.50 yen. The company's profit attributable to ...
(RTTNews) - Asahi Group Holdings, Ltd. (ASBRF.PK), a Japanese beer, alcohol, and non-alcohol beverages company, reported Tuesday lower profit for the first nine months of fiscal 2025, amid slightly lower revenues. Further, the firm maintained fiscal 2025 earnings and revenue outlook. In Japan, the shares were losing around 2.4 percent, trading at 1,587.50 yen. The company's profit attributable to owners of parent was 102.80 billion yen, a 26.2 percent decrease from the previous year's 139.32 billion yen. Earnings per share stood at 68.38 yen, down from 91.64 a year ago. Asahi Group's adjusted profit attributable to owners of parent was 126.56 billion yen, a 9.9 percent decrease year-over-year. Operating profit declined 18 percent from last year to 158.71 billion yen, while core operating profit decreased 5.5 percent to 202.43 billion yen. Revenue for the period remained relatively flat at 2.155 trillion yen, a 0.6 percent decrease compared to last year's 2.168 trillion yen. Looking ahead to the full fiscal year 2025, Asahi Group continues to anticipate profit attributable to reach 167.50 billion yen or 112.74 yen per share, a 12.8 percent decrease from the previous year. Adjusted profit attributable is expected to be 177.50 billion yen, a 3.0 percent decrease. The company forecasts operating profit of 255 billion yen, a 5.2 percent year-over-year decrease, and core operating profit of 290 billion yen, a 1.7 percent increase. Revenue is still expected to reach 2.95 trillion yen, a 0.4 percent increase compared to fiscal 2024. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Key Points It's unclear when or if a recession is coming, but it's wise to prepare anyway. Small steps can go a long way toward minimizing the impacts of volatility. The $23,760 Social Security bonus most retirees completely overlook › If you're nearing retirement, a potential recession could wreak havoc on your plans. The bad news is that nobody can predict exactly when a recession might begin, h...
Key Points It's unclear when or if a recession is coming, but it's wise to prepare anyway. Small steps can go a long way toward minimizing the impacts of volatility. The $23,760 Social Security bonus most retirees completely overlook › If you're nearing retirement, a potential recession could wreak havoc on your plans. The bad news is that nobody can predict exactly when a recession might begin, how long it might last, or how severe it may be. Downturns are also a normal part of the market's cycle, so a pullback is bound to happen at some point. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Fortunately, there are steps you can take to protect your retirement against potential market volatility. 1. Double-check your asset allocation Asset allocation refers to how your investments are distributed within your portfolio. Most people invest in a mix of stocks and bonds, and how much of your portfolio you dedicate to each can determine how your savings fare during a market downturn. Stocks are higher-risk investments, as they're more vulnerable to market volatility. They also tend to earn higher average returns, though, helping your savings grow faster over time. Bonds and other conservative investments are safer in that they're less affected by market swings, but their lower earning potential can be a drawback. Generally, most workers benefit from gradually adjusting their asset allocation to be more conservative as they age. Even in retirement, it's wise to keep at least some money invested in stocks to encourage more growth. But if you're going to be withdrawing your savings in the next year or two, a more conservative approach can better protect against volatility. 2. Protect your emergency fund Your emergency fund should ideally be separate from your retirement savings, as you may need this money...
Tesla (TSLA +0.53%) is viewed as one of the most innovative and disruptive companies out there. However, it's also a polarizing business, as the bulls and bears each have strong arguments for what will happen. Investors have to come to their own conclusions. Where will Tesla stock be in five years? Expect the unexpected Investors can easily forget the fact that Tesla still sells automobiles. In 20...
Tesla (TSLA +0.53%) is viewed as one of the most innovative and disruptive companies out there. However, it's also a polarizing business, as the bulls and bears each have strong arguments for what will happen. Investors have to come to their own conclusions. Where will Tesla stock be in five years? Expect the unexpected Investors can easily forget the fact that Tesla still sells automobiles. In 2025, 73% of its $94.8 billion in revenue came from electric vehicles (EVs). This is still a car company, albeit a struggling one. Demand for EVs isn't as robust as it used to be. Macro conditions aren't the most supportive. The expiration of the $7,500 U.S. tax credit last year also doesn't help. More competition has entered the market, which pressures pricing power and limits Tesla's ability to differentiate itself. Tesla has also decided to discontinue its Model S and Model X. The business is fully focused on autonomous driving technology and robotics, with the purpose of bringing abundance to the world. Founder and CEO Elon Musk eventually wants Tesla robotaxis on roads all around the globe. And he wants to sell Optimus robots in commercial and consumer settings. But investors should anticipate extended timelines when it comes to progress. Between now and 2031, investors should also expect the unexpected. Tesla's strategy has undergone changes in the past. It would be silly to assume that things will stay the same going forward. What happens if Musk decides that driverless tech and robotics aren't worth working on anymore and there's another development that's deserving of his attention? Tesla could then shift its focus on whatever the shiny new tech trend is. Expand NASDAQ : TSLA Tesla Today's Change ( 0.53 %) $ 2.09 Current Price $ 398.82 Key Data Points Market Cap $1.5T Day's Range $ 381.40 - $ 401.57 52wk Range $ 214.25 - $ 498.83 Volume 4.2M Avg Vol 65M Gross Margin 18.03 % This is not a favorable setup for prospective investors Either way, the market is fully suppor...
Tesla (NASDAQ: TSLA) has taken its investors on a volatile ride. Shares currently trade 36% off their peak price. But in the past five years, they have crushed the market, rocketing 1,520% higher. This would have turned a $10,000 initial capital outlay into $162,000 today. The Elon Musk-led enterprise has seen strong momentum from the investment community recently. This electric vehicle (EV) stock...
Tesla (NASDAQ: TSLA) has taken its investors on a volatile ride. Shares currently trade 36% off their peak price. But in the past five years, they have crushed the market, rocketing 1,520% higher. This would have turned a $10,000 initial capital outlay into $162,000 today. The Elon Musk-led enterprise has seen strong momentum from the investment community recently. This electric vehicle (EV) stock has surged 84% since the end of April. But investing should be a long-term game. With this mental framework, where will Tesla be in five years? Tesla's past Tesla has historically been known for posting rapid growth. The impressive top-line gains happened thanks to strong interest in its EV lineup. Additionally, the company's premium pricing and manufacturing cost advantages resulted in rising profitability. But in the past couple of years, this favorable backdrop shifted. Higher interest rates make buying a Tesla car less affordable for consumers because their monthly payments are higher. This backdrop is a headwind, driving just 3% revenue growth in fourth quarter last year before another 3% increase through the first six months of this year. Adding to the worries is intense competition. Legacy automakers are developing their own EVs. And in China, where EV penetration is well ahead of the U.S., there are lower-cost options that customers are flocking toward. Tesla has had to cut prices numerous times to maintain its competitiveness, which has crushed margins. It's no wonder shares trade 36% below their all-time high, a milestone that was achieved at the end of the 2021 bull market in November. Tesla's future Even after Tesla's price decline, I still believe the stock is expensive. Shares trade at a price-to-earnings (P/E) ratio of 73. In the past five years, the P/E multiple has averaged 312, so the current valuation might be compelling. I'm not convinced, though. In my opinion, Tesla remains a story stock that's driven by the market's unrelenting belief in Elon Musk. P...