Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 3.4% in the afternoon session after the company announced a $2 billion strategic investment in custom chip maker Marvell Technology and an expanded partnership to develop artificial intelligence infrastructure.
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) jumped 3.4% in the afternoon session after the company announced a $2 billion strategic investment in custom chip maker Marvell Technology and an expanded partnership to develop artificial intelligence infrastructure.
BlackJack3D/E+ via Getty Images During 2025, the Saga Portfolio (“the Portfolio”) increased 44.2% net of fees compared to the overall increase for the S&P 500 Index, including dividends, of 17.9%. Since inception on January 1, 2017, the cumulative return for the Saga Portfolio is 417.9% net of fees compared to the S&P 500 Index of 259.2%. The annualized return since inception for the Saga Portfoli...
BlackJack3D/E+ via Getty Images During 2025, the Saga Portfolio (“the Portfolio”) increased 44.2% net of fees compared to the overall increase for the S&P 500 Index, including dividends, of 17.9%. Since inception on January 1, 2017, the cumulative return for the Saga Portfolio is 417.9% net of fees compared to the S&P 500 Index of 259.2%. The annualized return since inception for the Saga Portfolio is 20.1% net of fees compared to the S&P 500’s 15.3%. Please check your individual statement as specific account returns may vary depending on the timing of any contributions throughout the period. Performance Saga Portfolio (gross) Saga Portfolio (net) ( 1 ) S&P 500 Index ( 2 ) 2017 16.0% 14.3% 21.8% 2018 2.1% 0.6% -4.4% 2019 65.6% 63.2% 31.5% 2020 123.8% 120.5% 18.4% 2021 -9.6% -10.9% 28.7% 2022 -84.7% -84.9% -18.1% 2023 209.2% 204.6% 26.3% 2024 115.4% 112.2% 26.2% 2025 46.4% 44.2% 17.9% Cumulative 492.9% 417.9% 259.2% Annualized 21.9% 20.1% 15.3% Click to enlarge ( 2 ) S&P 500 performance includes dividends. Please see disclaimer at the end of this letter regarding comparison to indices. Why Share Prices Tell Us Very Little People often describe the stock market as a casino, with prices bouncing around for no obvious reason. It can feel that way if one focuses on what a stock will do next and consumes financial media designed to make every day sound like a crisis that demands immediate action. But at its core, the stock market is a system for price discovery and capital allocation. It allows ownership in businesses to change hands and helps fund companies that are solving real problems. When it works well, it supports innovation, productivity, and rising living standards. Every day, the market sets prices for thousands of companies. Those prices reflect millions of competing explanations and expectations about business value, compressed into a single number. But that number is not a precise measurement of what a business is worth. A share price is better understood as ...
DOJ Sues Minnesota Over Rules For Girls Sports Authored by Brett Rowland via The Center Square , The U.S. Justice Department's Civil Rights Division filed a lawsuit Monday against Minnesota , alleging the state's sports policies violate federal civil rights laws that protect against sex-based discrimination. Title IX, the landmark federal law enacted in 1972, prohibits sex-based discrimination in ...
DOJ Sues Minnesota Over Rules For Girls Sports Authored by Brett Rowland via The Center Square , The U.S. Justice Department's Civil Rights Division filed a lawsuit Monday against Minnesota , alleging the state's sports policies violate federal civil rights laws that protect against sex-based discrimination. Title IX, the landmark federal law enacted in 1972, prohibits sex-based discrimination in education programs and activities that receive federal funding. The Justice Department's lawsuit marks a new legal fight in the ongoing national debate over transgender student participation in school sports, challenging Minnesota’s policies as a violation of federal protections against sex-based discrimination. The lawsuit contends that the Minnesota Department of Education and the Minnesota State High School League have engaged in sex-based discrimination by requiring girls to compete against boys in sports designated for girls. "The Trump Administration does not tolerate flawed state policies that ignore biological reality and unfairly undermine girls on the playing field," Attorney General Pamela Bondi said in a statement. The lawsuit asks a judge to rule that Minnesota's policies regarding student athletes are illegal and to declare that the state has violated Title IX. The DOJ said Minnesota gets $3 billion in yearly federal funding. Federal prosecutors argue that the state's policies "eviscerate equal athletic opportunities for girls." " They also require girls to share intimate spaces – such as locker rooms – with boys. Allowing boys to invade sensitive female-only spaces endangers girls' privacy, dignity, and safety – causing a hostile educational environment that denies girls educational opportunities," attorneys for the Civil Rights Division wrote in the complaint against the state. Minnesota Attorney General Keith Ellison said his office will stand up for transgender students. "In April of last year, I sued the Trump administration to stop them from targeting tr...
(RTTNews) - The Taiwan stock market has finished lower in four straight sessions, sliding almost 1,700 points or 5.3 percent along the way. The Taiwan Stock Exchange now sits just above the 31,720-point plateau and it's expected to open to the upside on Wednesday.
(RTTNews) - The Taiwan stock market has finished lower in four straight sessions, sliding almost 1,700 points or 5.3 percent along the way. The Taiwan Stock Exchange now sits just above the 31,720-point plateau and it's expected to open to the upside on Wednesday.
Earnings Call Insights: Edible Garden AG Incorporated (EDBL) Q4 2025 Management View “2025 was a defining year for Enable Garden as we continue to build on our foundation and expand our long-term growth potential,” said Founder, CEO, President, Treasurer, Secretary & Chairman James Kras, describing “a deliberate strategy to grow beyond our core controlled environment agriculture platform into a br...
Earnings Call Insights: Edible Garden AG Incorporated (EDBL) Q4 2025 Management View “2025 was a defining year for Enable Garden as we continue to build on our foundation and expand our long-term growth potential,” said Founder, CEO, President, Treasurer, Secretary & Chairman James Kras, describing “a deliberate strategy to grow beyond our core controlled environment agriculture platform into a broader innovation-driven consumer packaged goods business focusing on higher growth, higher margin opportunities.” Kras said the company “secur[ed] new and expanded placements with key retail partners, including Kroger, Weis Markets, Safeway, The Fresh Market and Busch's, increasing our distribution to nearly 6,000 store locations,” and added that these efforts and “targeted investments in customer onboarding… resulted in incremental distribution of more than 700 additional retail locations.” Kras highlighted category performance, citing “double-digit growth in cut herbs,” “continued strength in our vitamin and supplement portfolio,” and “significant growth in our condiment platform, supported by new customer wins such as Wakefern and Safeway.” On strategy, Kras said, “Key next step in our strategy is expanding into the ready-to-drink, or RTD category,” adding that the company “announced the development of a state-of-the-art RTD manufacturing initiative at our Midwest facility” and “selected Tetra Pak… to plan, install and integrate proprietary processing capabilities.” “Revenue for the 3 months ended December 31, 2025, was approximately $4.1 million compared to $3.9 million in the prior year period,” said Interim Chief Financial Officer Kostas Dafoulas, who also said Q4 cost pressures reflected onboarding investments and that “we expect the cost structure to normalize as those programs mature and volume increases.” Outlook Management did not provide formal 2026 revenue or EPS guidance in this transcript. Dafoulas provided margin and growth framework tied to portfolio mix, s...
In early 1976 in California, Steve Wozniak had just completed the design of a computer circuit board he intended to share with fellow hobbyists at a prominent local club. Apple's services business, which houses its App Store, Apple Music and its streaming service, has become a major driver of growth as its expanding base of devices brings in steady income from subscriptions and commissions on a...
In early 1976 in California, Steve Wozniak had just completed the design of a computer circuit board he intended to share with fellow hobbyists at a prominent local club. Apple's services business, which houses its App Store, Apple Music and its streaming service, has become a major driver of growth as its expanding base of devices brings in steady income from subscriptions and commissions on app sales.
Oil storage drums stacked in the Keihin industrial area in Kawasaki, Japan, on Tuesday, March 24, 2026. Japanese Prime Minister Sanae Takaichi looked to ramp up the nation’s response to the fallout from the war in Iran with a thorough review of the ecosystem of oil-related products, as the likelihood builds of shortages and knock-on effects across the economy. Photographer: Soichiro Koriyama/Bloom...
Oil storage drums stacked in the Keihin industrial area in Kawasaki, Japan, on Tuesday, March 24, 2026. Japanese Prime Minister Sanae Takaichi looked to ramp up the nation’s response to the fallout from the war in Iran with a thorough review of the ecosystem of oil-related products, as the likelihood builds of shortages and knock-on effects across the economy. Photographer: Soichiro Koriyama/Bloomberg
A national security trial in Britain that thrust the role of Hong Kong’s overseas trade promotion offices into the global spotlight has heard the defendant deny he was spying on prominent activists from the city and UK politicians on behalf of China. Two years after his arrest, Bill Yuen Chung-biu took to the witness box last week and challenged the prosecution’s claim that he ran a “shadow” polic...
A national security trial in Britain that thrust the role of Hong Kong’s overseas trade promotion offices into the global spotlight has heard the defendant deny he was spying on prominent activists from the city and UK politicians on behalf of China. Two years after his arrest, Bill Yuen Chung-biu took to the witness box last week and challenged the prosecution’s claim that he ran a “shadow” policing operation in the country, serving as a conduit for information about the activists while working...
Hong Kong’s highly anticipated first batch of stablecoin licences did not materialise as expected by the end of March. Industry players said the delay may be caused by a slower-than-expected review process, adding that it could also be due to the regulators’ cautious stance towards launching the first batch of regulated stablecoin licences as the city seeks to cement its status as a digital-asset ...
Hong Kong’s highly anticipated first batch of stablecoin licences did not materialise as expected by the end of March. Industry players said the delay may be caused by a slower-than-expected review process, adding that it could also be due to the regulators’ cautious stance towards launching the first batch of regulated stablecoin licences as the city seeks to cement its status as a digital-asset hub. “I don’t think [the delay] is caused by the market,” said Jack Poon, a member of the task force...
【有線新聞】立法會去年通過先定立後審議的方式，加強規管預先包裝的迷你杯狀蒟蒻果凍。法例明日起（4月1日）生效，禁止高度或闊度不超過45毫米的迷你杯裝蒟蒻果凍在港出售，其他預先包裝的蒟蒻果凍產品亦須在包裝上標示預防哽噎警告字句，違者最高罰款5萬元及監禁半年。 新規定要求： 屬預先包裝食物的果凍，如是以高度或闊度不超過45毫米的迷你杯狀容器包裝的，則不得含有蒟蒻 如屬預先包裝食物的、含有蒟蒻的果凍，其銷售包裝的最外層須以中文和英文清楚可閱地標明下述字樣。 「注意：勿一口吞食，長者及兒童須在監護下食用。」 “Caution: Do not swallow whole. Elderly and children must consume under supervision.” 有關字樣須標明在有關包裝上的顯眼處，並以深色字印在淺色底上或以淺色字印在深色底上的方式標明，字體下亦須劃上底線；或以紅色字印在白色或黃色底上的方式標明。 不屬規管範圍產品： 非預先包裝產品 不含蒟蒻成分的果凍 含蒟蒻成分，但非果凍產品，例如魔芋絲/蒟蒻麵、蒟蒻飯和含蒟蒻飲料 修例針對本地銷售 外地購買回港不違法 值得注意，今次修例主要針對本地的銷售，市民仍然可從外地購買有關蒟蒻果凍食用。 食安中心發言人表示，根據食品法典委員會，蒟蒻是一種安全的食物添加劑。但由於迷你杯裝蒟蒻果凍的獨特產品設計和其結實質地，如食用方法不當可能會增加哽噎風險，尤其是對兒童和長者而言。 食安中心已就修訂建議諮詢食物安全專家委員會，立法會食物安全及環境衞生事務委員會和食物及環境衞生諮詢委員會，以及透過業界會議和論壇諮詢相關業界，並已聽取業界的意見。食安中心會加強巡查和繼續與持份者合作加強宣傳。