Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in AMC Entertainment Holdings Inc. (Symbol: AMC), where a total of 188,270 contracts have traded so far, representing approximately 18.8 million underlying shares. That amo
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in AMC Entertainment Holdings Inc. (Symbol: AMC), where a total of 188,270 contracts have traded so far, representing approximately 18.8 million underlying shares. That amo
"It's much easier to start your own business because of AI tools." Gina Raimondo, former commerce secretary and now a CFR Distinguished Fellow, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss US relations with Europe and China and how the emergence of AI will shape the future employment landscape." (Source: Bloomberg)
"It's much easier to start your own business because of AI tools." Gina Raimondo, former commerce secretary and now a CFR Distinguished Fellow, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss US relations with Europe and China and how the emergence of AI will shape the future employment landscape." (Source: Bloomberg)
Yahoo Inc. has started discussions with lenders to refinance about $1.6 billion of leveraged loans, according to people with knowledge of the matter. Royal Bank of Canada is leading investor meetings this week to gauge appetite for a possible $1.1 billion leveraged loan and $500 million in other secured debt, said the people, asking not be identified as the discussions are private. The debt would ...
Yahoo Inc. has started discussions with lenders to refinance about $1.6 billion of leveraged loans, according to people with knowledge of the matter. Royal Bank of Canada is leading investor meetings this week to gauge appetite for a possible $1.1 billion leveraged loan and $500 million in other secured debt, said the people, asking not be identified as the discussions are private. The debt would be expected to mature in five years. Based on discussions so far, the secured debt could come with a yield of mid-to-high 9%, the people said. The loans could offer 5.5 percentage points over the US benchmark and come at a discounted price of 98.5 cents on the dollar, they added. Talks with investors are at an early stage and terms of the deal could change, the people said. Representatives for RBC and Apollo Global Management Inc., which owns Yahoo, declined to comment. A spokesperson for the online media company didn’t immediately comment. Yahoo has approximately $1.6 billion in leveraged loans maturing in September 2027, according to data compiled by Bloomberg. Both tranches of debt were sold at 5.5 percentage points over the benchmark, the data show. Apollo bought the business from Verizon Communications Inc. in 2021 for $5 billion. The company sold the existing debt in July of that year to finance its buyout.
JHVEPhoto/iStock Editorial via Getty Images Introduction U.S. regional banks such as Fifth Third Bancorp ( FITB ) are holding onto modest gains so far in 2026, outperforming the broader iShares US Financials ETF ( IYF ). In my opinion, this makes sense since regional banks' exposure to the U.S. economy acts as a tailwind amid energy price volatility, which is primarily impacting energy-importing e...
JHVEPhoto/iStock Editorial via Getty Images Introduction U.S. regional banks such as Fifth Third Bancorp ( FITB ) are holding onto modest gains so far in 2026, outperforming the broader iShares US Financials ETF ( IYF ). In my opinion, this makes sense since regional banks' exposure to the U.S. economy acts as a tailwind amid energy price volatility, which is primarily impacting energy-importing economies overseas. In contrast, larger U.S. financials, which have more exposure to countries outside the United States, may record weaker EPS growth in 2026. Against this backdrop, I think FITB shares offer an interesting income play with covered calls. The investment thesis behind the covered call trade can be summarized as: FITB stock trades at a circa 9% forward P/E premium to regional bank peers, arguably presenting limited upside in the near term. At the same time, analysts expect EPS growth to accelerate to roughly 20% in 2027 as benefits from the merger with Comerica kick in. Meanwhile, selling out-of-the-money covered calls provides current income and downside protection against risks, the principal of which is a potential recession in the United States. 2025 Results Recap FITB delivered EPS of $3.53/share in 2025 , a 12.4% Y/Y increase relative to 2024. The principal drivers were a lower share count (circa 2% contribution), an improved efficiency ratio of 56.9% (-2.3% Y/Y), and a higher net interest margin of 3.11% (+0.21% Y/Y). This helped offset marginally higher credit costs. The bank's CET1 capital improved to 10.77% (+0.2% Y/Y), while the loan-to-deposit ratio was little changed at 72% (2024: 73%). As such, despite solid loan growth of 4.7% Y/Y, deposit inflows and retained earnings helped FITB achieve a higher net interest margin. All in all, from an operating perspective, I think there were no major red flags at FITB, with focus now turning to 2026 and the effects of the merger with Comerica, which closed in Q1 2026 . 2026 Outlook 2026 results will be impac...
Alones Creative Jonathan Panikoff, director of the Scowcroft Middle East Security Initiative at the Atlantic Council, warned that markets will face continued instability amid escalating tensions with Iran, particularly following the dramatic rescue of U.S. airmen from a downed fighter jet over the weekend. In an interview with CNBC, Panikoff expressed concern that President Donald Trump may become...
Alones Creative Jonathan Panikoff, director of the Scowcroft Middle East Security Initiative at the Atlantic Council, warned that markets will face continued instability amid escalating tensions with Iran, particularly following the dramatic rescue of U.S. airmen from a downed fighter jet over the weekend. In an interview with CNBC, Panikoff expressed concern that President Donald Trump may become emboldened by the successful operation, potentially leading to further military action. The economic fallout from the conflict has been substantial, with gasoline prices ( XB1:COM ) nearly doubling as an input cost. Panikoff noted that presidential inconsistency on next steps has compounded market anxiety, leaving both investors and Iranian leadership uncertain about American red lines. “I think there’s going to continue to be a lot of queasiness, frankly, for quite a while here,” he said. The analyst pointed to a pattern of minimal Iranian responses to major U.S. actions, from the strike on Qasem Soleimani to the Israeli attacks on nuclear facilities at Natanz and Isfahan. This history, combined with recent military successes, suggests Trump may feel “more confident about sending U.S. troops in, or if not, a ground force strikes against power plants or against some other infrastructure in Iran,” Panikoff warned. Despite American military gains, Panikoff argued that Iran has emerged in a stronger strategic position than when the conflict began. He pointed to 15 ships that passed through the Strait of Hormuz over the weekend, all of which coordinated with Tehran beforehand, as evidence that Iran has effectively established control over the critical waterway. “Tehran, in its view, now has authority over the strait,” Panikoff observed, describing what amounts to a tollbooth arrangement on one of the world’s most vital shipping lanes. While UAE adviser Anwar Gargash pushed back on this development, insisting the strait must remain open for normal maritime transit and commerce,...
3D Systems ( DDD ) shares clocked seven straight sessions of losses on Monday, as the stock was 1.1% lower at $1.83. The 3D printing and digital manufacturing company lost 11% in the preceding six sessions. DDD shares fell 10% over the past one month. Most recently, 3D Systems appointed Phyllis Nordstrom as executive vice president and chief financial officer, effective March 23, 2026. Looking at ...
3D Systems ( DDD ) shares clocked seven straight sessions of losses on Monday, as the stock was 1.1% lower at $1.83. The 3D printing and digital manufacturing company lost 11% in the preceding six sessions. DDD shares fell 10% over the past one month. Most recently, 3D Systems appointed Phyllis Nordstrom as executive vice president and chief financial officer, effective March 23, 2026. Looking at Seeking Alpha's Quant Rating, DDD has a Buy rating with a score of 4.1 out of 5. The company received D in the prospect of profitability, while it received C in the growth factor. Seeking Alpha analysts are positive and see the stock as a Buy. Turning to the Wall Street , one anslyst gave the stock a Strong Buy rating. Three analysts gave the stock hold recommendation, while none gave Sell or lower rating. “DDD's operating expenses have declined for four consecutive quarters, but persistent cash burn and lack of near-term profitability remain major concerns,” pointed out a Seeking Alpha analysis. More on 3D Systems 3D Systems: A&D Positioning Is Driving Interest, But Unwise To Chase Now 3D Systems Corporation (DDD) Q4 2025 Earnings Call Transcript 3D Systems Corporation 2025 Q4 - Results - Earnings Call Presentation 3D Systems names Phyllis Nordstrom as CFO 3D Systems outlines 20% aerospace and defense growth target for 2026 while expanding dental market reach
Torsten Asmus/iStock via Getty Images A lot of the market still wants a clean answer to a messy problem. Is this inflation or recession? Higher for longer or cuts? Risk on or risk off? But shocks like this do not usually resolve in such tidy categories. The more coherent path is sequential, not binary. The first phase is stagflationary. Energy and input costs rise before the broader economy has ti...
Torsten Asmus/iStock via Getty Images A lot of the market still wants a clean answer to a messy problem. Is this inflation or recession? Higher for longer or cuts? Risk on or risk off? But shocks like this do not usually resolve in such tidy categories. The more coherent path is sequential, not binary. The first phase is stagflationary. Energy and input costs rise before the broader economy has time to adjust. PMIs soften as activity slows at the margin, but prices paid remain firm or move higher. Consumers feel it quickly through worse real incomes, especially when fuel and transport costs bleed into essentials. Central banks, even if they understand the shock is supply-driven, are reluctant to look through it entirely because headline inflation, expectations, and political sensitivity still matter. The result is an economy losing momentum while the policy posture remains tight. That is the essence of stagflation - not an overheating boom, but a squeeze. What makes this phase so difficult for markets is that it can hurt both sides of the usual macro playbook at once. Bonds do not immediately rally because the inflation impulse pushes term premium and front-end caution higher. Equities do not like it either because the same shock that lifts prices also weakens growth and compresses multiples. The market discovers that an inflationary impulse generated by scarcity is not bullish nominal growth in the way a demand boom might be. It is simply a tax. But that is only the first act. If the shock persists, the second phase begins. Higher input costs start to show up as margin compression. Firms that could initially pass through some of the pressure find that end demand is softening. Working capital needs rise just as financing conditions are becoming less forgiving. The weakest borrowers begin to wobble. Then come defaults, layoffs, and the first real credit accidents. What began as a price shock in energy and logistics starts to mutate into a broader growth shock. That i...
Fixed‑income markets are overestimating the impact of potential changes to the Federal Reserve’s balance‑sheet policy, which are likely to be slow and limited, according to Canadian Imperial Bank of Commerce. The Fed isn’t likely to start shrinking its $6.7 trillion balance sheet until next year, said CIBC’s strategists Michael Cloherty , Anjun Ananth and Ian Pollick. Even then, the US central ban...
Fixed‑income markets are overestimating the impact of potential changes to the Federal Reserve’s balance‑sheet policy, which are likely to be slow and limited, according to Canadian Imperial Bank of Commerce. The Fed isn’t likely to start shrinking its $6.7 trillion balance sheet until next year, said CIBC’s strategists Michael Cloherty , Anjun Ananth and Ian Pollick. Even then, the US central bank would not sell holdings of assets like mortgage-backed securities to avoid spooking the market. It would also rollover roughly a third of its Treasury holdings, they said. Policymakers have debated ways to reduce one of the main drivers of the balance sheet’s growth: the banking sectors’ demand for cash held at the central bank. Dallas Fed President Lorie Logan said last week she favors using changes in liquidity rules to shrink banks’ need to hold reserves, following similar calls from Governor Stephen Miran and Vice Chair of Supervision Michelle Bowman . A recent essay published by the Dallas Fed about ways the central bank can shrink its balance sheet understates the costs and risks of a rapid balance sheet reduction, said the CIBC strategists. There are also some underlying issues that “aren’t immediately obvious,” they added. For starters, proposals like lowering bank reserves or offering tiered rates on bank reserve policies, would increase the importance of money-market funds in the transmission of monetary policy. The funds have been the primary vehicle for transmitting monetary policy to the market by through the Fed’s overnight reverse repo facility. That shifts some control over monetary policy actors to the Securities and Exchange Commission, which oversees mutual funds, from the Fed, they said. That could limit the banking regulators’ reach during a crisis. “In times of extreme stress it can be useful to have strong regulatory control over the firms you are relying on for monetary policy passthrough,” they wrote. CIBC thinks the Fed is unlikely to adjust eith...
Jerome Maurice/iStock via Getty Images FTAI Aviation Ltd.’s ( FTAI ) Preferred Series C shares ( FTAIN ) have lost 1.29% since my last report , but with a total return of 0.7% against the S&P 500’s ( SP500 ) 5.7% decline. It somewhat shows in times of market turmoil, fixed income outperforms and has appeal. However, for FTAI Aviation Preferred Series C shares, I believe the appeal is extremely lim...
Jerome Maurice/iStock via Getty Images FTAI Aviation Ltd.’s ( FTAI ) Preferred Series C shares ( FTAIN ) have lost 1.29% since my last report , but with a total return of 0.7% against the S&P 500’s ( SP500 ) 5.7% decline. It somewhat shows in times of market turmoil, fixed income outperforms and has appeal. However, for FTAI Aviation Preferred Series C shares, I believe the appeal is extremely limited due to a redemption that I deem likely. In this report, I discuss why. About The FTAI Series C Preferred Series C A good starting point for the analysis is a quick refresh on the nature of the FTAI Series C Preferred Shares. The shares were issued in 2021 with a redemption price equal to the par value of $25, with an annual dividend of $2.0625 paid quarterly, yielding 8.25% against the par value. The current price is $25.20, bringing the effective yield to 8.2%, which is slightly higher compared to the 8.1% effective yield that I calculated in my prior report. The preferred shares are redeemable on or after June 2026, and the dividends are of a cumulative nature, which means that if FTAI Aviation misses a dividend payment, it still has to eventually pay that dividend. To date, the company has never missed a dividend payment . In the event of a rating downgrade for FTAI Aviation by all rating agencies, the shares may also be redeemed. If FTAI elects not to redeem the shares, the dividend yield rate will be reset. Why Redemption Seems To Be The Next Step The “effective yield” looks attractive, and the dividend yield reset also looks attractive, as the new yield will be remeasured against the five-year treasury rate plus 7.378 points. The current 5-year treasury rate is 3.987%; if we add the 7.378 points to that, we would get a yield of 11.4%. So, the annual dividend would increase to $2.85 with an 11.3% effective yield. CME Group Previously, the expectation was that the interest rates would be adjusted in the 17 th of June meeting to 325-350 basis points. The current exp...
Ryan Savitz, executive vice president, chief financial officer, and chief business officer of Dianthus Therapeutics (NASDAQ:DNTH) , reported the sale of 114,367 shares of common stock for approximately $9.49 million via open-market disposition on March 31, 2026, as disclosed in this SEC Form 4 , filed on April 1. Transaction value based on SEC Form 4 weighted average purchase price ($83.00). * One...
Ryan Savitz, executive vice president, chief financial officer, and chief business officer of Dianthus Therapeutics (NASDAQ:DNTH) , reported the sale of 114,367 shares of common stock for approximately $9.49 million via open-market disposition on March 31, 2026, as disclosed in this SEC Form 4 , filed on April 1. Transaction value based on SEC Form 4 weighted average purchase price ($83.00). * One-year price change calculated using April 1, 2026, as the reference date. Continue reading
A bull and a bear both offered pessimistic views of Tesla stock after the automaker reported its Q1 deliveries, which provided the first look at its business this year. JPMorgan analyst Ryan Brinkman, the bear, cut his forecast for Tesla's earnings to 30 cents a share down from a previous estimate of 43 cents and below Wall Street consensus of 39 cents, according to FactSet. Brinkman added that he...
A bull and a bear both offered pessimistic views of Tesla stock after the automaker reported its Q1 deliveries, which provided the first look at its business this year. JPMorgan analyst Ryan Brinkman, the bear, cut his forecast for Tesla's earnings to 30 cents a share down from a previous estimate of 43 cents and below Wall Street consensus of 39 cents, according to FactSet. Brinkman added that he sees 60% downside to his price target of $145 a share and maintained his sell rating.
By David Shepardson WASHINGTON, April 6 (Reuters) - Amazon.com said Monday it has reached a new agreement with the U.S. Postal Service on package deliveries.
By David Shepardson WASHINGTON, April 6 (Reuters) - Amazon.com said Monday it has reached a new agreement with the U.S. Postal Service on package deliveries.
JHG and peers stand out as oil prices rise, pushing investors toward dividend growth stocks with strong earnings, steady payouts, and resilient fundamentals.
JHG and peers stand out as oil prices rise, pushing investors toward dividend growth stocks with strong earnings, steady payouts, and resilient fundamentals.
Amazon.com on Monday announced it reached a new agreement with the U.S. Postal Service on package deliveries, and sources said the cash-strapped mail system would retain about 80% of its existing deliveries from its biggest customer. That 20% cut is a dramatically better outcome for the postal agency than the two-thirds or larger reduction that Reuters reported last month Amazon had threatened....
Amazon.com on Monday announced it reached a new agreement with the U.S. Postal Service on package deliveries, and sources said the cash-strapped mail system would retain about 80% of its existing deliveries from its biggest customer. That 20% cut is a dramatically better outcome for the postal agency than the two-thirds or larger reduction that Reuters reported last month Amazon had threatened. USPS warned last month it could run out of cash as soon as October, and the risk that Amazon would replace the carrier by expanding its own delivery network or using rivals was an existential peril.