Michael Vi/iStock Editorial via Getty Images 2026 has been the year of rather indiscriminate selling in the stock market. Investors have latched onto negative macro headlines, ranging from skyrocketing oil prices and the escalating war in Iran, to a weak consumer economy and the possibility for AI disruption. While we can hardly say that the economy and corporate earnings are on strong footing, we...
Michael Vi/iStock Editorial via Getty Images 2026 has been the year of rather indiscriminate selling in the stock market. Investors have latched onto negative macro headlines, ranging from skyrocketing oil prices and the escalating war in Iran, to a weak consumer economy and the possibility for AI disruption. While we can hardly say that the economy and corporate earnings are on strong footing, we also think the selloff in many stocks has gone too far: and created tremendous buying opportunities in several names. Best Buy ( BBY ), the largest pure-play electronics retailer in the U.S., has been dealing with weak comp sales all across last year; that said, the company has maintained market share as the industry declined. The stock, however, is in bear market territory after plunging ~25% from peaks above $84 notched last October, and since January alone the stock has given up a further ~10%. Data by YCharts I last wrote a neutral article on Best Buy in November, when the stock was still trading at $80 per share. Since then, the massive erosion in Best Buy's share price, plus the company's recent dividend increase, have substantially increased Best Buy's appeal for me as an income strategy. While I think that we should certainly keep an eye on weakening recent sales trends, I'm not hesitating to use this juncture as a buy-the-dip opportunity. I'm raising my rating on Best Buy to buy. Even on flat sales, Best Buy can support its raised dividend Let's first kick off the discussion with the most attractive piece of Best Buy's narrative today: its dividend yield. Alongside its Q4 earnings print, Best Buy announced a 1% increase in its dividend to $0.96 per share. On an annualized basis, this is $3.84, which at Best Buy's current share prices near $64 translates to a dividend yield of 6.0%. Best Buy dividend (Best Buy Q4 earnings release) Best Buy has always been an attractive income play; now, with yields pushing 6% (a huge premium over falling Treasury yields), this stoc...
Created in Italy and made with elderflower liqueur, the cocktail is sweeter than Aperol spritz and lower in alcohol Pub gardens and bar terraces have been awash with a sea of orange in recent years as Italy’s love of Aperol spritz spread to the UK. But this year the cocktail’s cousin, a Hugo spritz, will be the drink of the summer, according to supermarkets and bars. It is already being served acr...
Created in Italy and made with elderflower liqueur, the cocktail is sweeter than Aperol spritz and lower in alcohol Pub gardens and bar terraces have been awash with a sea of orange in recent years as Italy’s love of Aperol spritz spread to the UK. But this year the cocktail’s cousin, a Hugo spritz, will be the drink of the summer, according to supermarkets and bars. It is already being served across the country, including at Sea Containers on the banks of the Thames and Mayfair’s swanky Claridge’s hotel in London, 20 Stories bar in Manchester and the Bridge Tavern in Newcastle. Wetherspoons has the cocktail on its menu nationwide. 40ml St‑Germain elderflower liqueur. 60ml prosecco. 60ml sparkling water. 8-10 mint leaves. Lime wedge for garnish. Mint sprig for garnish. Fill your glass with ice cubes. Add in the mint leaves. Pour sparkling wine and sparkling water over ice. Add St‑Germain elderflower liqueur. Gently stir. Garnish with a mint sprig and lime wedge. Continue reading...
The Irish government launched a test phase of its digital wallet Friday including an age verification capability to keep teenagers safer online. The digital ID will be able to facilitate age verification to help protect children and young people from harms on social media platforms, according to a statement from the Department of Public Expenditure and Reform. Ireland, home to the European headqua...
The Irish government launched a test phase of its digital wallet Friday including an age verification capability to keep teenagers safer online. The digital ID will be able to facilitate age verification to help protect children and young people from harms on social media platforms, according to a statement from the Department of Public Expenditure and Reform. Ireland, home to the European headquarters of the world’s biggest tech companies, is one of several countries looking to ban social media for teens. The movement has gained traction following Australia’s move to block under-16 accounts in January. Read More: Ireland, Home to EU Tech Hubs, Mulls Teen Social Media Ban Ireland sees age verification for social media as one step toward a wider ban on platforms operated by the likes of Meta Platforms Inc. Earlier this year, Finance Minister Simon Harris said teens on social media amounts to a “major public health issue,” citing the impact it has on mental health. The digital wallet will also be able hold digital versions of birth certificates, driving licenses, and other official documents, the statement said. All European Union member states are required to have one by the end of 2026, but how they use it is up to each individual state.
Israel’s largest gas field resumed production after a 33-day shutdown triggered by the Iran war, likely providing some relief for markets that are struggling with supply. The Leviathan project can now resume supply for both the domestic market and exports, a spokesperson for stakeholder Newmed Energy LP told Bloomberg, a day after Israel’s energy ministry had said the restart was imminent. Leviath...
Israel’s largest gas field resumed production after a 33-day shutdown triggered by the Iran war, likely providing some relief for markets that are struggling with supply. The Leviathan project can now resume supply for both the domestic market and exports, a spokesperson for stakeholder Newmed Energy LP told Bloomberg, a day after Israel’s energy ministry had said the restart was imminent. Leviathan is a massive gas field operated by Chevron Corp. in the Eastern Mediterranean Sea that’s crucial for supplying not just local Israeli requirements, but is also key for Egypt. Israel had ordered the temporary shutdown of some gas fields as a security measure after the conflict broke out on Feb. 28. It added to the crunch in the global market as the war snarled ship traffic through the Strait of Hormuz and missile attacks damaged the world’s largest liquefied natural gas plant in Qatar. In response, Egypt announced a series of energy-rationing measures because of soaring costs. The country typically receives about 1 billion cubic feet of natural gas per day via a pipeline from Israel, and the cutoff of supplies has previously sent Cairo scrambling to boost imports of liquefied natural gas. Read More: Egypt to Dim Lights Early to Conserve Energy Amid Iran War Leviathan’s resumption comes amid a spate of attacks around the Middle East. Hours after US President Donald Trump issued fresh threats against Iranian infrastructure to pressure Tehran to start peace negotiations, the Islamic Republic launched fresh attacks that caused a fire at an oil refinery and damaged power and water desalination plant in Kuwait. A major gas processing facility in Abu Dhabi also halted operations after falling debris from interceptions resulted in a blaze. Newmed said in a filing Friday that initial assessments indicate the monthlong stoppage of Leviathan is not expected to have a material impact on the expected cash flow in 2026. The partners in the project intend “to examine the possibility of ...