The dollar index (DXY00 ) today is down by -0.15%. The dollar is under pressure today as stocks recover on hopes for a ceasefire in Iran, curbing liquidity demand for the dollar. Axios reported that the US, Iran, and a group of regional mediators are discussing the terms for a...
The dollar index (DXY00 ) today is down by -0.15%. The dollar is under pressure today as stocks recover on hopes for a ceasefire in Iran, curbing liquidity demand for the dollar. Axios reported that the US, Iran, and a group of regional mediators are discussing the terms for a...
One minute you can’t get enough southern fried drumsticks or peri-peri wings, the next it all tastes foul. Here’s how a psychologist explains it Name: The chicken ick. Age: Chickens have been around since, well, eggs … Continue reading...
One minute you can’t get enough southern fried drumsticks or peri-peri wings, the next it all tastes foul. Here’s how a psychologist explains it Name: The chicken ick. Age: Chickens have been around since, well, eggs … Continue reading...
jetcityimage Longtime Tesla ( TSLA ) bear JPMorgan reiterated its Underweight rating on the EV and autonomy play on Monday ahead of the company's first-quarter earnings report. Analyst Ryan Brinkman pointed to Tesla's ( TSLA ) underwhelming Q1 deliveries report and year-over-year decline in energy storage installations. Brinkman and his team now expect Tesla ( TSLA ) to report Q1 EPS of $0.30 vs. ...
jetcityimage Longtime Tesla ( TSLA ) bear JPMorgan reiterated its Underweight rating on the EV and autonomy play on Monday ahead of the company's first-quarter earnings report. Analyst Ryan Brinkman pointed to Tesla's ( TSLA ) underwhelming Q1 deliveries report and year-over-year decline in energy storage installations. Brinkman and his team now expect Tesla ( TSLA ) to report Q1 EPS of $0.30 vs. the prior estimate of $0.43 and consensus mark of $0.38. "We continue to see large -60% downside to our $145 December 2026 price target and advise investors to approach TSLA shares with a high degree of caution, mindful of execution risk and the time value of money within the context of the materially stronger distant out-year earnings expectations implied by the rise in TSLA share price that has occurred alongside a material collapse in consensus for all performance metrics through at least the end of the decade," advised Brinkman. He noted that "incredibly," TSLA shares are more than 50% higher now than when delivery volume peaked in June 2022, despite the sluggish deliveries growth. Looking ahead, JPMorgan thinks the investment positives for Tesla ( TSLA ) of its highly differentiated business model, appealing product portfolio, and leading-edge technology are more than offset by above-average execution risk, rising competition, growing controversy in regard to the brand, and valuation that seems to be pricing in a lot. More on Tesla Tesla: Finally Catching Up To Reality Tesla: This Is Not The Right Time To Buy The Dip Tesla May Beat Deliveries, But This Could Hurt The Bottom Line Tesla’s South Korea sales quadruple in March, crosses 11,000 units for first time SA Asks: What's next for Tesla following a tepid EV deliveries report?
A surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth. Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.
A surplus of cash can mean financial stability, but it can also indicate a reluctance (or inability) to invest in growth. Some of these companies also face challenges like stagnating revenue, declining market share, or limited scalability.
Cotton futures in New York surged to the highest since December 2024 as traders weigh a preliminary government US planting report against an outlook for tighter global supplies this year. The most-active contract rose as much as 1.4%, to 71.93 cents per pound. USDA prospective plantings data released last week showed a larger-than-expected intended US cotton area, but given the current drought con...
Cotton futures in New York surged to the highest since December 2024 as traders weigh a preliminary government US planting report against an outlook for tighter global supplies this year. The most-active contract rose as much as 1.4%, to 71.93 cents per pound. USDA prospective plantings data released last week showed a larger-than-expected intended US cotton area, but given the current drought conditions in the country, the estimate scenario is viewed as optimistic. “Historically, actual USDA acreage figures often deviate meaningfully from early estimates, which could lead to a strong market reaction in either direction,” according to a Friday report from commodities broker Artigas do Brasil. On Wednesday, cotton futures posted their biggest drop since Oct. 30 before recovering much of the losses, as the higher acreage estimate came as a surprise. The market had expected adverse weather and weaker prices to curb planting, adding short-term pressure. “The market is somewhat concerned about the US crop, and it knows that Brazil, China and Australia — the other major players in the global market — are also reducing their production,” said Raphael Bulascoschi, a market intelligence analyst at StoneX. “So the market is adjusting to the prospect of a somewhat tighter balance.” In other soft commodities markets, arabica in New York rose as much as 1.2% to $2.990 a pound. StoneX forecasts a global coffee surplus of 10 million bags this year — the largest since 2020. Cotton futures traded up 0.6% to 71.56 cents a pound at 11:41 a.m. in New York Arabica coffee gained 0.6%, while raw sugar fell
The S27 Pro will reportedly have the Privacy Display first seen on the S26 Ultra. | Photo: Allison Johnson / The Verge Samsung's S27 lineup, expected next year, might include a new member, the Galaxy S27 Pro, which would be a second premium option between Samsung's Ultra and Plus models, as first reported by ETNews . The new Pro model reportedly won't support the S Pen but will feature Samsung's P...
The S27 Pro will reportedly have the Privacy Display first seen on the S26 Ultra. | Photo: Allison Johnson / The Verge Samsung's S27 lineup, expected next year, might include a new member, the Galaxy S27 Pro, which would be a second premium option between Samsung's Ultra and Plus models, as first reported by ETNews . The new Pro model reportedly won't support the S Pen but will feature Samsung's Privacy Display, which is currently only available on the Galaxy S26 Ultra . The Privacy Display allows users to limit the viewing angle on their phone so that the content on the screen is only visible when they're looking directly at it. According to ET News 's sources, Samsung is aiming to launch two phones with this premium display tech in its next-gen lineup, whic … Read the full story at The Verge.
Anski/iStock Editorial via Getty Images Last Thursday morning, we received first-quarter production and delivery figures from Tesla, Inc. ( TSLA ). As the company looks to a future based on robotaxis and robots, the current business has not fared too well lately. Tesla announced very disappointing figures for Q1, especially when it came to the energy business, which could mean that 2026 analyst es...
Anski/iStock Editorial via Getty Images Last Thursday morning, we received first-quarter production and delivery figures from Tesla, Inc. ( TSLA ). As the company looks to a future based on robotaxis and robots, the current business has not fared too well lately. Tesla announced very disappointing figures for Q1, especially when it came to the energy business, which could mean that 2026 analyst estimates see new lows in the coming weeks. Previous Coverage of the Name My most recent article on Tesla came back in late January, at which time the company had just reported its Q4 2025 results . Top and bottom line beats were reported, but the numbers didn't look as good as originally thought, and management did not give a concrete delivery forecast for 2026. Since that time to Friday's close, Tesla shares lost almost 18%, basically triple the 5.7% decline seen in the S&P 500 ( SP500 ). The Q1 Headline Figures At the end of September 2025, the $7,500 U.S. EV credit ended, and some other countries, like Norway, saw certain incentives expire or wind down at the end of the year. Since Q4 started, Tesla has looked at increasing ways to drive demand, whether it be through lower-priced variants of the Model 3/Y or sales incentives like discounts and interest rate deals. As a reminder, last year's Q1 saw deliveries of about 336,700 vehicles, significantly constrained due to the refresh of the Model Y. In the graphic below, you can see what Tesla reported for this year's January to March period. Tesla Q1 Production and Deliveries (Company Press Release) This was quite disappointing on both the vehicle and energy product fronts. A week ago, Tesla investor relations sent out their street-compiled estimates , calling for deliveries of more than 365,000 vehicles. Tesla also announced on Thursday that it deployed 8.8 GWh of energy storage products in Q1, substantially below the more than 14 GWh that the street was looking for. In just the couple of days since Tesla detailed these Q1 f...
Anski/iStock Editorial via Getty Images Last Thursday morning, we received first-quarter production and delivery figures from Tesla, Inc. ( TSLA ). As the company looks to a future based on robotaxis and robots, the current business has not fared too well lately. Tesla announced very disappointing figures for Q1, especially when it came to the energy business, which could mean that 2026 analyst es...
Anski/iStock Editorial via Getty Images Last Thursday morning, we received first-quarter production and delivery figures from Tesla, Inc. ( TSLA ). As the company looks to a future based on robotaxis and robots, the current business has not fared too well lately. Tesla announced very disappointing figures for Q1, especially when it came to the energy business, which could mean that 2026 analyst estimates see new lows in the coming weeks. Previous Coverage of the Name My most recent article on Tesla came back in late January, at which time the company had just reported its Q4 2025 results . Top and bottom line beats were reported, but the numbers didn't look as good as originally thought, and management did not give a concrete delivery forecast for 2026. Since that time to Friday's close, Tesla shares lost almost 18%, basically triple the 5.7% decline seen in the S&P 500 ( SP500 ). The Q1 Headline Figures At the end of September 2025, the $7,500 U.S. EV credit ended, and some other countries, like Norway, saw certain incentives expire or wind down at the end of the year. Since Q4 started, Tesla has looked at increasing ways to drive demand, whether it be through lower-priced variants of the Model 3/Y or sales incentives like discounts and interest rate deals. As a reminder, last year's Q1 saw deliveries of about 336,700 vehicles, significantly constrained due to the refresh of the Model Y. In the graphic below, you can see what Tesla reported for this year's January to March period. Tesla Q1 Production and Deliveries (Company Press Release) This was quite disappointing on both the vehicle and energy product fronts. A week ago, Tesla investor relations sent out their street-compiled estimates , calling for deliveries of more than 365,000 vehicles. Tesla also announced on Thursday that it deployed 8.8 GWh of energy storage products in Q1, substantially below the more than 14 GWh that the street was looking for. In just the couple of days since Tesla detailed these Q1 f...
U. J. Alexander/iStock via Getty Images I just returned from a little vacation overseas and thought I'd begin my return into the Seeking Alpha zeitgeist with an article on, you guessed it: an energy company. Meantime, all I'll say about my vacation is that I am sure glad I'm not booking the same flights today! That's because the war-on-Iran has made jet-fuel much more valuable. It's also made dies...
U. J. Alexander/iStock via Getty Images I just returned from a little vacation overseas and thought I'd begin my return into the Seeking Alpha zeitgeist with an article on, you guessed it: an energy company. Meantime, all I'll say about my vacation is that I am sure glad I'm not booking the same flights today! That's because the war-on-Iran has made jet-fuel much more valuable. It's also made diesel much more valuable, too. That brings me to my long-term love-hate relationship with Phillips 66 ( PSX ) - which just happens to have more coking capacity than any other U.S. refiner and which is also the biggest single importer of Canadian heavy crude. As a result, PSX is probably just killing it on diesel margins right now. In addition, another primary catalyst for PSX is that Asian chemical makers get a very high-percentage of their of naphtha feedstock via Middle East suppliers that ship via the Straight of Hormuz. As a result, the war-on-Iran is hitting Asian chemical companies hard, which is likely to improve Phillips 66's long ailing Chemicals Segment. Lastly, I think all this "has legs" and therefore am upgrading Phillips 66 two notches: from a HOLD to a STRONG BUY. But as you can see from the chart below, be careful with 'market orders' as the stock (and the price of oil) has been on a super-volatile roller-coaster ride that has included large intra-day price swings as investors try to separate fact-from-fiction while trying to figure out who to believe when it comes to the true status of the war: Data by YCharts Investment Thesis My followers know that I have owned Phillips 66 since the spin-off from its mother-ship (ConocoPhillips) back in 2012, and have covered it on Seeking Alpha ever since - many times mentioning that PSX is the #1 importer of Canadian heavy (i.e. from the oil sands) to feed its refinery business' relatively large percentage of distillates yields (i.e, the commonly called "bottom of the barrel" - diesel, heating oil, etc.). The slide below f...
Sundry Photography/iStock Editorial via Getty Images Shares of Kratos Defense & Security Solutions ( KTOS ) surged as much as 8.6% on Monday, extending earlier gains after a bullish analyst call highlighted accelerating growth prospects tied to next-generation weapons programs. The rally follows an upgrade from Jefferies , which lifted its rating on the defense contractor to buy from hold. In a no...
Sundry Photography/iStock Editorial via Getty Images Shares of Kratos Defense & Security Solutions ( KTOS ) surged as much as 8.6% on Monday, extending earlier gains after a bullish analyst call highlighted accelerating growth prospects tied to next-generation weapons programs. The rally follows an upgrade from Jefferies , which lifted its rating on the defense contractor to buy from hold. In a note to clients, analyst Sheila Kahyaoglu pointed to a potential upside scenario in which Kratos’ Government Solutions segment delivers compound annual revenue growth of roughly 31% through 2028. That outlook is underpinned by increasing demand tied to hypersonic systems, an area where Kratos has been expanding its footprint. The company’s turbine technologies unit is also positioned to benefit from rising investment in missile propulsion, including its involvement in the Prometheus joint venture, according to the note. Kahyaoglu additionally flagged an anticipated production ramp for Kratos’ Valkyrie unmanned drone program, another contributor to the company’s longer-term growth trajectory. Jefferies maintained its $85 price target on the stock, implying roughly 26% upside from Thursday’s closing level. More on Kratos Defense & Security Kratos Defense: Leading The Charge In Hypersonics And Defense Tech (Rating Upgrade) Kratos: Multiple Growth Drivers To Launch This Stock Kratos: The Best Stock To Buy For The Future Of Defense Cheap drone ‘Lucas’ is said to signal shift in U.S. war strategy Ukraine eyes drone export boom as Middle East conflicts highlight demand
Whether it wraps up quickly or drags on, the repercussions of the US-Israeli war on Iran will echo for years, reshaping warfare, geopolitics, energy security and global perceptions of American tactical and strategic power. In the first of a three-part series, Mark Magnier looks at how the Iran war may alter Beijing’s approach to potential conflict over Taiwan, asymmetrical weaponry and the United ...
Whether it wraps up quickly or drags on, the repercussions of the US-Israeli war on Iran will echo for years, reshaping warfare, geopolitics, energy security and global perceptions of American tactical and strategic power. In the first of a three-part series, Mark Magnier looks at how the Iran war may alter Beijing’s approach to potential conflict over Taiwan, asymmetrical weaponry and the United States as an adversary. The US military is formidable, well-disciplined, projects deadly force...
peshkov/iStock via Getty Images A guest post by Ovi All of the crude plus condensate (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply Monthly ( PSM ), which provides updated production information up to January 2025. U.S. January oil production decreased by 410 kb/d to 13,246 kb/d and is down by 618 kb/d from October and was largely due to extreme late January ...
peshkov/iStock via Getty Images A guest post by Ovi All of the crude plus condensate (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply Monthly ( PSM ), which provides updated production information up to January 2025. U.S. January oil production decreased by 410 kb/d to 13,246 kb/d and is down by 618 kb/d from October and was largely due to extreme late January weather. The largest decreases came from the Big 2 states, TX and NM. February’s production is expected to rebound by 450 kb/d to 13,696 kb/d according to the March STEO. Peak US oil production occurred in October 2025 at 13,864 kb/d but may be exceeded in early 2027. According to this article : U.S. would lose an average of 340 kb/d in January 2026 due to the cold weather. The 340 kb/d drop was a fairly good estimate since the combined January drop from Texas and New Mexico was 375 kb/d. “Most of the remaining outages were in the Permian Basin in Texas and New Mexico, which accounts for around half of U.S. crude production, according to Energy Aspects analyst Jesse Jones, who said production there was recovering quickly.” The dark blue graph, taken from the January 2025 STEO, is the U.S. oil production forecast from January 2026 to December 2027. Output for December 2027 is expected to drop to 13,844 kb/d. From February 2026 to December 2027, U.S. oil production is expected to increase by 148 kb/d. The light blue graph is the STEO’s forecast for the Onshore L48 output to December 2027. From February 2026 to December 2027, production is expected to increase by 327 kb/d to 11,528 kb/d. The rising production starting in September 2026, according to the EIA, is due to higher prices for WTI and more NG pipelines being built. Note how production is essentially flat for all of 2027. U.S. Oil Production Ranked by State Listed above are the 10 US states with the largest oil production along with production from the Gulf of Mexico. These 10 states accounted for 82.1% of all U.S. oil...
With some misgivings, families and aviation enthusiasts bring stepladders and picnics to the perimeter fence It was a 4.40am start for the Wilkinson family. They packed their car with gear you might take on a trip to the seaside – folding chairs, blankets, a picnic. But instead of heading to the coast, they drove 80 miles from their home in Hampshire to Gloucestershire and set up camp close to the...
With some misgivings, families and aviation enthusiasts bring stepladders and picnics to the perimeter fence It was a 4.40am start for the Wilkinson family. They packed their car with gear you might take on a trip to the seaside – folding chairs, blankets, a picnic. But instead of heading to the coast, they drove 80 miles from their home in Hampshire to Gloucestershire and set up camp close to the perimeter fence of RAF Fairford to watch American warplanes take off and land . “It’s definitely cheaper than a trip to a theme park,” said Jonathan Wilkinson, who was there with wife, Katie, and three sons, aged seven to 12. “The sights and sounds are impressive. But it’s a bittersweet thing. These planes are only here because of war. We have to keep that in mind.” Continue reading...