National coach Steve Clarke says the Scottish FA have yet to offer him a new contract and that the ball is now in their court regarding his future. Clarke, 62, will be out of contract after the men's team's first appearance at a World Cup since 1998, with the Scots up against Haiti, Morocco and Brazil in June. The former Kilmarnock and West Brom boss has overseen three qualifications with Scotland...
National coach Steve Clarke says the Scottish FA have yet to offer him a new contract and that the ball is now in their court regarding his future. Clarke, 62, will be out of contract after the men's team's first appearance at a World Cup since 1998, with the Scots up against Haiti, Morocco and Brazil in June. The former Kilmarnock and West Brom boss has overseen three qualifications with Scotland, including two European Championship appearances. And he said: "Obviously the thing in my head is what do I do next, where do I go next, what's next for me? "I've qualified for three tournaments out of four. I think that's a pretty decent record."
Who Are the Hunt Brothers? My thesis in this article is to argue for the potential of a near-term rebound of gold and silver prices. The argument is mostly based on an analysis of A) the similarities and differences between today’s market and the Hunt Brothers episode in the 1980s (aka the Silver Thursday), B) the ongoing geopolitical conflicts, and finally C) the current technical trading pattern...
Who Are the Hunt Brothers? My thesis in this article is to argue for the potential of a near-term rebound of gold and silver prices. The argument is mostly based on an analysis of A) the similarities and differences between today’s market and the Hunt Brothers episode in the 1980s (aka the Silver Thursday), B) the ongoing geopolitical conflicts, and finally C) the current technical trading patterns of both metals. For readers new to the part of history involving the Hunt Brothers, the following recap should suffice: In January 1980, silver price peaked around $48 per ounce, representing a ~700% increase in a year (see the next chart below). The surge was largely driven by concentrated long positions, funded by substantial leverage by Nelson Bunker Hunt and William Herbert Hunt, collectively known as the Hunt brothers. The rally did not last, and the silver price fell (and gold prices too) sharply afterwards, causing heavy losses to the Hunt brothers and forcing them to declare bankruptcy later. In today’s market, I have observed a violent surge followed by a sharp correction in both metals’ prices in the past year or so, whose magnitudes are similar to those observed during the Hunt Brothers episode (see the next chart below). Furthermore, I also see several similarities between the underlying forces driving such rise and fall, including the speculative nature of a short squeeze, changes in macroeconomic forces (e.g., regulatory intervention), and also the mint ratios. As will be detailed in the rest of the article, an examination of these similarities has led me to see large potential for a 2 nd up leg for both silver and gold in the near future, say in the next 3~6 months. Seeking Alpha Silver’s 40% Correction Contextualized Even though the Hunt Brothers episode was more than 40 years old, investors’ psychology remained unchanged in my experience. In a bull run, our enthusiasm does not stop until it reaches excess exuberance. When we are sufficiently concerned and...
Rachel Reeves vowed the UK will adopt artificial intelligence faster than any other Group of Seven nation, as she hailed the technology as a key plank of her bid to spur economic growth. Britain’s Chancellor of the Exchequer on Tuesday will use the annual Mais lecture to set out her economic vision for the coming years, highlighting AI, regional growth and closer ties with the European Union as th...
Rachel Reeves vowed the UK will adopt artificial intelligence faster than any other Group of Seven nation, as she hailed the technology as a key plank of her bid to spur economic growth. Britain’s Chancellor of the Exchequer on Tuesday will use the annual Mais lecture to set out her economic vision for the coming years, highlighting AI, regional growth and closer ties with the European Union as the biggest opportunities for growth, according to pre-briefed remarks from the Treasury. “AI is the defining technology of our era,” Reeves is due to say. “In a world defined by technological change, Britain cannot afford to stand still. I believe we can approach the future with confidence — with the technologies for the future invented, built and deployed here in Britain.” The intervention comes after the outlook for the British economy darkened in recent weeks amid an energy price spike sparked by the Iran war and data showing the UK economy stalled at the start of the year, even before the conflict began. Reeves and Prime Minister Keir Starmer are trying to convince their critics that the government has a clear strategy to deliver growth and bear down on living costs. Read More: Starmer’s Hopes to Revive UK Economy Fade as Iran War Drags On The government touted £2.5 billion ($3.3 billion) of funding for AI and quantum computing ahead of Reeves’ speech, including £1 billion to be spent on procuring commercial-scale quantum computers, which it said could “explore dozens of potential answers” to problems at once, as opposed to the more methodical approach of traditional computers. The UK and Europe are investing heavily in quantum computing, betting that the nascent technology can bring breakthroughs in fields like drug discovery and protect against future national security risks. The sum includes already-announced plans to commit £500 million to a sovereign AI fund launching next month, tasked with investing in promising AI startups. The UK is home to a growing number of A...
SEC Preparing Proposal To Eliminate Quarterly Reporting Requirement Very soon,10-Qs may be a thing of the past. The Securities and Exchange Commission is preparing a proposal to eliminate the requirement to report earnings quarterly and instead give companies the option to share results twice a year, the WSJ reports citing people familiar with the matter. In preparation for the proposal - which co...
SEC Preparing Proposal To Eliminate Quarterly Reporting Requirement Very soon,10-Qs may be a thing of the past. The Securities and Exchange Commission is preparing a proposal to eliminate the requirement to report earnings quarterly and instead give companies the option to share results twice a year, the WSJ reports citing people familiar with the matter. In preparation for the proposal - which could be published as soon as April - regulators have been talking to officials at the major exchanges to discuss how they may need to adjust their rules. Once published, the proposal will be subject to the usual public comment period. After that period, which typically lasts at least 30 days, the SEC will vote on it. There are no guarantees it will ultimately happen. The push for semiannual reporting gained steam late last year. As the WSJ reported last September, the Long-Term Stock Exchange petitioned the SEC to eliminate the quarterly earnings report requirement. Within days, President Trump and SEC Chairman Paul Atkins both said they supported the idea. Publicly traded US companies have reported results every three months for the past 50-plus years. Trump briefly explored the idea of moving to semiannual earnings reports during his first term, but the effort went nowhere. Those in favor of less-frequent reporting requirements believe a switch could help boost the shrinking number of public companies in the U.S. Among the reasons companies cite as to why they remain private is the time-consuming and costly clerical work required to list and maintain publicly traded shares. Any change is likely to face opposition from investors who rely on the transparency of regular disclosures. While the rule is expected to make quarterly reporting optional, and not eliminate quarterly reports altogether, it is unlikely that many companies will voluntarily subject themselves to intense public scrutiny at a time when AI is making decades-old corporate moats disappear virtually overnight. ...
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, March 16, 2026. Michael Nagle | Bloomberg | Getty Images Stock futures traded near flat Monday night after the major averages bounced in light of cooling oil prices. Futures tied to the Dow Jones Industrial Average lost 47 points, or 0.1%. S&P 500 futures slipped 0.1%, while Nasdaq 100 futures declined near...
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, March 16, 2026. Michael Nagle | Bloomberg | Getty Images Stock futures traded near flat Monday night after the major averages bounced in light of cooling oil prices. Futures tied to the Dow Jones Industrial Average lost 47 points, or 0.1%. S&P 500 futures slipped 0.1%, while Nasdaq 100 futures declined nearly 0.2%. Major averages rebounded in the regular session as oil prices eased from the previous week's surge. The S&P 500 added 1%, after the broad-market index closed last week at its lowest level of the year amid the U.S.-Iran war. The Dow gained roughly 388 points, or 0.8%, and the tech-heavy Nasdaq Composite gained 1.2%. Each of the 11 S&P sectors closed higher on the day, led by gains in tech. Nvidia shares advanced about 1.7% after CEO Jensen Huang said during the company's annual GTC conference that he expects $1 trillion in orders for Nvidia's Blackwell and Vera Rubin systems through 2027. Monday's decline in oil prices boosted sentiment behind U.S. equities. Brent crude settled down about 2.8% to $100.21 a barrel on Monday. West Texas Intermediate crude fell about 5.3% to settle at $93.50 a barrel. Oil prices have surged since the start of the U.S.-Israel attacks on Iran on worries that a prolonged closure of the Strait of Hormuz could lead to a global disruption of energy supplies. Although Treasury Secretary Scott Bessent told CNBC that the U.S. is allowing Iranian oil tankers to pass through the key waterway, President Donald Trump on Monday signaled that a coalition to escort tankers through the strait is not yet finalized. Investors are watching for further developments on the war. Many are crediting a relatively strong economy, contained inflation and strong earnings for continued momentum behind the stock market, but Bartlett Wealth Management president Holly Mazzocca said on Monday that "risks to that growth story are mounting." "We came into this year with ...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Jefferies’ Laurie Goodman, DGA-Albright Stonebridge Group’s Puneet Talwar, Morningstar Research’s David Swartz, Former Boston Fed President Eric Rosengren, Wilmington Trust & M&T Bank CIO Tony Roth, Former Minneapolis Fed Pres...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Jefferies’ Laurie Goodman, DGA-Albright Stonebridge Group’s Puneet Talwar, Morningstar Research’s David Swartz, Former Boston Fed President Eric Rosengren, Wilmington Trust & M&T Bank CIO Tony Roth, Former Minneapolis Fed President Gary Stern, Cleo Capital’s Sarah Kunst, Professional Fighters League CEO John Martin, & Orangetheory Fitness Brand President Lauren Cody. (Source: Bloomberg)
Stocks in Asia were poised to rise after a pullback in oil prices lifted Wall Street, amid hopes that more tankers will be able to pass through the Strait of Hormuz. Equity-index futures signaled gains at the open in Japan, Australia and Hong Kong after crude prices eased for the first time in four days on Monday. West Texas Intermediate edged higher in early Tuesday trading after falling more tha...
Stocks in Asia were poised to rise after a pullback in oil prices lifted Wall Street, amid hopes that more tankers will be able to pass through the Strait of Hormuz. Equity-index futures signaled gains at the open in Japan, Australia and Hong Kong after crude prices eased for the first time in four days on Monday. West Texas Intermediate edged higher in early Tuesday trading after falling more than 5% in its previous session. The S&P 500 notched its best day since February, led by technology shares. Nvidia Corp. climbed 1.7% after saying it expects to generate at least $1 trillion in revenue from artificial-intelligence chips through the end of 2027. In other corners of the market, Treasuries advanced as lower oil prices tempered inflation concerns, while the dollar posted its worst day in over a month. Risk appetite was also boosted from expectations that major economies could release petroleum reserves to offset potential supply disruptions, after President Donald Trump renewed calls for allies to help safeguard the Strait of Hormuz. Threats to flows through the vital shipping lane continue to fan inflation worries as investors brace for a slate of central-bank meetings this week. “As the war with Iran continues, oil prices are dictating the mood and headlines from the Strait of Hormuz are driving markets,” wrote Bob Savage , head of markets strategy and insight at BNY. “Concerns for the week revolve around how central bankers see through these matters.” Trump expressed his frustration with other nations, who have so far been publicly noncommittal on his calls to help ensure vessels can transit the strait. Later on Monday he said he had requested China — among those he’s asked for support — to delay a summit with his counterpart Xi Jinping for about a month, saying it was important for him to remain in Washington to oversee the Iran war. “The possibility that the US-China meeting could be postponed by one month may also be taken as a sign that the war with Iran is...
Joa_Souza/iStock Unreleased via Getty Images Petrobras ( PBR ) said Monday it will exercise its right to purchase Malaysian company Petronas' 50% stake in two offshore fields in Brazil for $450M. Following the deal, Petrobras ( PBR ) said it will hold 100% of the Tartaruga Verde field and Module III of the Espadarte field, both located in Brazil's Campos Basin. Separately, Brazilian ve...
Joa_Souza/iStock Unreleased via Getty Images Petrobras ( PBR ) said Monday it will exercise its right to purchase Malaysian company Petronas' 50% stake in two offshore fields in Brazil for $450M. Following the deal, Petrobras ( PBR ) said it will hold 100% of the Tartaruga Verde field and Module III of the Espadarte field, both located in Brazil's Campos Basin. Separately, Brazilian vessel owner and subsea services provider Oceanica Engenharia said it has secured contracts worth more than $700M from Petrobras ( PBR ). More on Petrobras Petrobras: Direct Proxy To Brent, But With Additional Variables (Rating Upgrade) Petrobras: Iran Conflict & Energy Crunch Trigger Richer Spreads & Volatility Petrobras Q4 2025 Earnings Call Presentation
PLAYSTUDIOS, Inc. (MYPS) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 64.29%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actua...
PLAYSTUDIOS, Inc. (MYPS) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 64.29%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.02, delivering a surprise of 33.33%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. PLAYSTUDIOS , which belongs to the Zacks Gaming industry, posted revenues of $67.78 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 1.01%. This compares to year-ago revenues of $77.11 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. PLAYSTUDIOS shares have lost about 16.1% since the beginning of the year versus the S&P 500's decline of -1.9%. What's Next for PLAYSTUDIOS? While PLAYSTUDIOS has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings re...
Expectations are rising for a potential SpaceX IPO in 2026. Last year, analysts speculated on whether the business would achieve a $1 trillion valuation. Then reports leaked of a potential $1.5 trillion valuation. And now, some are expecting a gargantuan $1.75 trillion valuation. If SpaceX achieves its desired valuation, reports suggest that it could target raising $50 billion in new capital, perh...
Expectations are rising for a potential SpaceX IPO in 2026. Last year, analysts speculated on whether the business would achieve a $1 trillion valuation. Then reports leaked of a potential $1.5 trillion valuation. And now, some are expecting a gargantuan $1.75 trillion valuation. If SpaceX achieves its desired valuation, reports suggest that it could target raising $50 billion in new capital, perhaps more. Keep in mind that reports also suggest that the company booked an $8 billion profit last year off $15 billion to $16 billion in revenue. So these funds won't be needed to make up for a money-losing business. Instead, expect the company to invest in new growth initiatives that hitherto would have been financially impossible. The most exciting initiative is building AI data centers in space. If SpaceX goes ahead with these plans, one other AI stock becomes an obvious benefactor. Expand NASDAQ : NVDA Nvidia Today's Change ( 1.63 %) $ 2.94 Current Price $ 183.19 Key Data Points Market Cap $4.4T Day's Range $ 181.42 - $ 188.88 52wk Range $ 86.62 - $ 212.19 Volume 8.8M Avg Vol 175M Gross Margin 71.07 % Dividend Yield 0.02 % The SpaceX IPO could kick-start AI data centers in space There's an old saying that investors would be wise to remember in times like this: During a gold rush, sell shovels. It's not that I'm bearish on SpaceX as a business. But with $50 billion in fresh capital to support an otherwise profitable business, SpaceX suppliers arguably stand to gain the most -- whether or not SpaceX succeeds from an investment standpoint. What exactly will SpaceX do with its newfound capital? "The IPO narrative includes two aspirational capital deployment targets, orbital data centers (up to 1 million satellites for space-based AI computing) and Moonbase Alpha," explains a new research report from Morningstar. Moonbase Alpha is essentially a plan to establish a human colony on the moon -- largely a backup plan for the company's previous vision of establishing a colony on...
Key Points A SpaceX IPO could raise $50 billion in fresh capital. New funding could support speculative investments in space-based data centers. 10 stocks we like better than Nvidia › Expectations are rising for a potential SpaceX IPO in 2026. Last year, analysts speculated on whether the business would achieve a $1 trillion valuation. Then reports leaked of a potential $1.5 trillion valuation. An...
Key Points A SpaceX IPO could raise $50 billion in fresh capital. New funding could support speculative investments in space-based data centers. 10 stocks we like better than Nvidia › Expectations are rising for a potential SpaceX IPO in 2026. Last year, analysts speculated on whether the business would achieve a $1 trillion valuation. Then reports leaked of a potential $1.5 trillion valuation. And now, some are expecting a gargantuan $1.75 trillion valuation. If SpaceX achieves its desired valuation, reports suggest that it could target raising $50 billion in new capital, perhaps more. Keep in mind that reports also suggest that the company booked an $8 billion profit last year off $15 billion to $16 billion in revenue. 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 » So these funds won't be needed to make up for a money-losing business. Instead, expect the company to invest in new growth initiatives that hitherto would have been financially impossible. The most exciting initiative is building AI data centers in space. If SpaceX goes ahead with these plans, one other AI stock becomes an obvious benefactor. The SpaceX IPO could kick-start AI data centers in space There's an old saying that investors would be wise to remember in times like this: During a gold rush, sell shovels. It's not that I'm bearish on SpaceX as a business. But with $50 billion in fresh capital to support an otherwise profitable business, SpaceX suppliers arguably stand to gain the most -- whether or not SpaceX succeeds from an investment standpoint. What exactly will SpaceX do with its newfound capital? "The IPO narrative includes two aspirational capital deployment targets, orbital data centers (up to 1 million satellites for space-based AI computing) and Moonbase Alpha," explains a new research report from Morningstar. Moonb...
NVIDIA (NVDA.US) significantly raised its revenue forecast for AI chips, with cumulative sales potentially reaching one trillion US dollars by the end of 2027. 富途牛牛
NVIDIA (NVDA.US) significantly raised its revenue forecast for AI chips, with cumulative sales potentially reaching one trillion US dollars by the end of 2027. 富途牛牛
The S&P 500 Index ($SPX) (SPY) on Monday closed up +1.01%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.83%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.13%. March E-mini S&P futures (ESH26) rose +1.04%, and March E-mini Nasdaq futures (NQH26) rose +1.15%. Stocks settled sharply higher on Monday, supported by lower crude oil prices and falling bond yields. Crude prices fell ...
The S&P 500 Index ($SPX) (SPY) on Monday closed up +1.01%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.83%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.13%. March E-mini S&P futures (ESH26) rose +1.04%, and March E-mini Nasdaq futures (NQH26) rose +1.15%. Stocks settled sharply higher on Monday, supported by lower crude oil prices and falling bond yields. Crude prices fell more than -5% after several oil tankers managed to move through the Strait of Hormuz over the weekend, raising hopes that the waterway could soon reopen. India is attempting to get six other vessels through the strait, while a number of other countries are trying back channels to Iran to ensure safe passage for their ships. The slump in crude prices has knocked the 10-year T-note yield down -6 bp on Monday to 4.22%. Join 200K+ Subscribers: The war with Iran is in its seventeenth day with no end in sight. The US hit military sites over the weekend on Kharg Island, from which Iran exports almost all of its oil. Meanwhile, Iran launched fresh attacks across the Persian Gulf, disrupting shipments at a key United Arab Emirates oil hub and halting flights at Dubai’s airport. President Trump said the US is talking to Tehran but that he’s not sure if the Iranians are “ready.” Iranian Foreign Minister Abbas Araghchi said that Iran hadn’t asked for talks or a ceasefire. President Trump said that he is “demanding” that other countries contribute to the defense of the Strait of Hormuz and that NATO would face a “very bad” future if member states failed to help in Hormuz. Crude oil prices remain high despite attempts to boost global supplies. The IEA last Wednesday released 400 million barrels from emergency oil stockpiles and said the war against Iran is disrupting 7.5% of global oil supply, and the conflict will cut global oil supply by 8 million bpd this month. The closure of the Strait of Hormuz, through which about a fifth of the world’s oil and natural gas flows, has choked off oi...
Cormorant Asset Management disclosed a sale of 50,000 shares of Praxis Precision Medicines (NASDAQ:PRAX) in a February 17, 2026, SEC filing, with an estimated transaction value of $9.31 million based on the quarter’s average share price. According to a February 17, 2026, SEC filing , Cormorant Asset Management reduced its stake in Praxis Precision Medicines by 50,000 shares during the fourth quart...
Cormorant Asset Management disclosed a sale of 50,000 shares of Praxis Precision Medicines (NASDAQ:PRAX) in a February 17, 2026, SEC filing, with an estimated transaction value of $9.31 million based on the quarter’s average share price. According to a February 17, 2026, SEC filing , Cormorant Asset Management reduced its stake in Praxis Precision Medicines by 50,000 shares during the fourth quarter of 2025. The estimated value of the shares sold was $9.31 million, based on the average unadjusted closing price for the quarter. The quarter-end value of the PRAX stake increased by $227.00 million, a figure that includes both the impact of trading and price movement. Praxis Precision Medicines is a Boston-based biotechnology company focused on developing innovative therapies for neurological disorders characterized by neuronal imbalance. The company leverages a diversified pipeline of small molecules and antisense oligonucleotides, supported by strategic partnerships and licensing agreements. Its clinical-stage assets and specialized focus position it to address significant unmet medical needs in central nervous system therapeutics. Continue reading
A late winter storm continued a destructive, elemental march across the eastern US, with thousands of flights canceled or delayed as powerful winds combined with a partial government shutdown delayed travelers passing through airport security scanners. Flight delays and cancellations mounted at some of the nation’s largest airports, including in New York, Chicago and Atlanta. Flight delays within,...
A late winter storm continued a destructive, elemental march across the eastern US, with thousands of flights canceled or delayed as powerful winds combined with a partial government shutdown delayed travelers passing through airport security scanners. Flight delays and cancellations mounted at some of the nation’s largest airports, including in New York, Chicago and Atlanta. Flight delays within, into, or out of the US totaled 9,112 by late afternoon, with cancellations standing at 4,763, according to FlightAware, a flight tracking website. The storm system dropped up to 36in of snow in the midwest later hit the east coast with dangerously high winds and the potential for “producing strong and long-track tornadoes,” the National Weather Service warned on Monday. The high risk of severe weather stretches from southern Pennsylvania to central South Carolina, including through Washington DC, Baltimore, Richmond and Raleigh, AccuWeather reported, while “dangerously hot conditions” threaten to shatter records across the south-west this week. “This massive storm is unleashing winter and springtime hazards at the same time,” said AccuWeather senior meteorologist Adam Douty in an email. “More than 200 million people could be impacted, from blizzard conditions in the midwest to severe thunderstorms across the east, along with powerful winds sweeping across dozens of states.” Air travelers said they were unexpectedly grounded. Kelly Price, looking to return to Colorado from Florida, told the Associated Press that her Sunday night flight was not canceled until early on Monday. “By that time the only place for us to sleep was the airport floor. So we’re all tired and frustrated,” she said, adding that the soonest flight she and her family could book doesn’t leave until Tuesday afternoon. Earlier on Monday, citing severe weather, the Federal Aviation Administration (FAA) ordered ground stops at Hartsfield-Jackson and Charlotte Douglas airports, along with ground delays at JFK a...