GM Advisory Group LLC lowered its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 0.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 249,271 shares of the iPhone maker's stock after selling 2,176 shares during the period. Apple comprises approximately 2.7% of GM Advisory Group LLC's holdings, making the stock its 8th largest position. GM Advisory Gr...
GM Advisory Group LLC lowered its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 0.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 249,271 shares of the iPhone maker's stock after selling 2,176 shares during the period. Apple comprises approximately 2.7% of GM Advisory Group LLC's holdings, making the stock its 8th largest position. GM Advisory Group LLC's holdings in Apple were worth $63,472,000 at the end of the most recent quarter. Get Apple alerts: Sign Up Other institutional investors have also bought and sold shares of the company. Silvant Capital Management LLC raised its holdings in Apple by 2.4% during the third quarter. Silvant Capital Management LLC now owns 852,692 shares of the iPhone maker's stock valued at $217,121,000 after acquiring an additional 19,959 shares during the period. Advisory Services Network LLC boosted its stake in shares of Apple by 0.9% in the third quarter. Advisory Services Network LLC now owns 892,038 shares of the iPhone maker's stock worth $227,140,000 after acquiring an additional 8,210 shares during the period. San Luis Wealth Advisors LLC grew its position in shares of Apple by 6.0% during the third quarter. San Luis Wealth Advisors LLC now owns 128,860 shares of the iPhone maker's stock worth $32,812,000 after purchasing an additional 7,248 shares in the last quarter. Raab & Moskowitz Asset Management LLC grew its position in shares of Apple by 1.9% during the third quarter. Raab & Moskowitz Asset Management LLC now owns 82,836 shares of the iPhone maker's stock worth $21,093,000 after purchasing an additional 1,507 shares in the last quarter. Finally, Integrated Investment Consultants LLC raised its stake in Apple by 0.5% during the 3rd quarter. Integrated Investment Consultants LLC now owns 44,904 shares of the iPhone maker's stock valued at $11,434,000 after purchasing an additional 214 shares during the period. Hedge funds and other institutional investors own 67.73% of ...
Thanadon Naksanee/iStock via Getty Images Key takeaways 1 The fund outperformed for the quarter The fund outperformed its benchmark for the quarter. The fund's interest rate positioning and foreign currency exposure added to relative return. 2 Emerging market debt offers income, diversification and total return potential Emerging market local bonds, in our view, offer an attractive opportunity to ...
Thanadon Naksanee/iStock via Getty Images Key takeaways 1 The fund outperformed for the quarter The fund outperformed its benchmark for the quarter. The fund's interest rate positioning and foreign currency exposure added to relative return. 2 Emerging market debt offers income, diversification and total return potential Emerging market local bonds, in our view, offer an attractive opportunity to invest in a high-yielding asset class with low correlation to both US stocks and bonds and potentially high total returns. 3 Favorable outlook for emerging market local debt Narrowing growth differentials, a weakening US dollar and attractive valuations create a compelling case for emerging market local debt, in our view. Also, we believe economic and policy divergences across regions and countries create exciting opportunities. Manager perspective and outlook Economic activity accelerated in the fourth quarter, driven by widening differences in growth across regions and contrasting monetary policies. Investors appear to be increasingly moving beyond US-centric portfolios, embracing broader diversification across global fixed income strategies. The US economy, in our view, shows signs of strengthening, supported by reduced trade tensions, tax incentives and artificial intelligence (AI) spending. Risks from inflation and a weak labor market lingered, prompting the US Federal Reserve (Fed) to cut the federal funds rate by 0.25% while signaling further cuts in 2026. Other developed market central banks largely cut rates in an effort to support growth. The European Central Bank held rates steady; the Bank of Japan made a surprise rate hike. Monetary policy remained a key theme for emerging markets, with broad-based rate cuts across major economies, reflecting in our view confidence in disinflation trends and improved policy credibility. The US dollar remained relatively weak, seemingly weighed down by easier monetary policy, fiscal and policy uncertainty, and debt concerns. Thi...
Iran retaliates after Israel kills two top Iranian officials toggle caption Sedat Suna/Getty Images Europe Iran launched new missile attacks on Israel targeting Tel Aviv overnight, after Iran confirmed the deaths of Ali Larijani, who had emerged as a key wartime figure following the killing of Supreme Leader Ayatollah Ali Khamenei, and Gholamrez Soleimani, the head of Iran's Basij paramilitary for...
Iran retaliates after Israel kills two top Iranian officials toggle caption Sedat Suna/Getty Images Europe Iran launched new missile attacks on Israel targeting Tel Aviv overnight, after Iran confirmed the deaths of Ali Larijani, who had emerged as a key wartime figure following the killing of Supreme Leader Ayatollah Ali Khamenei, and Gholamrez Soleimani, the head of Iran's Basij paramilitary force. Their deaths were confirmed by Iranian authorities on Tuesday. Iran's foreign minister. Abbas Araghchi. told Al Jazeera Tuesday the killings would not destabilize Iran's leadership, saying that Iran has "a strong political structure with established political, economic and social institutions." Israel also struck central Beirut overnight, killing 10 people. Israel's military said it was targeting Hezbollah militants and installations. Sponsor Message Health authorities have reported about 1,300 killed in Iran, 922 in Lebanon and 16 in Israel since the war began on Feb. 28. U.S. Central Command has said 13 U.S. service members have been killed and roughly 200 troops wounded. Here are the latest updates: Iran hits back after the killing of two leaders in Tehran toggle caption Ilia Yefimovich/AFP via Getty Images Iran's Revolutionary Guard said it targeted the Tel Aviv area Wednesday by firing multiple-warhead missiles, also known as cluster munitions. A man and woman were killed in their apartment in Ramat Gan, a suburb of Tel Aviv. The Iranian missile attack also caused damage in other parts of central Israel, including a train station in Tel Aviv. Iran's missile attacks across the region have been the most lethal in Israel, where at least 16 people have been killed since the war started. Iran said the strikes were "in revenge" for Israel's killing of two top Iranian leaders, Ali Larijani and Gholamrez Soleimani, which were the highest-profile killings in Iran since Israel killed Supreme Leader Ayatollah Ali Khamenei and other top leadership on the first day of the war. ...
BHP Group Ltd. is sending a cargo of Jimblebar fines — a type of iron ore that’s restricted by China’s state buyer — to India, according to people familiar with the matter, the latest sign that the world’s biggest miner is diverting shipments to other markets. The True Champion, carrying about 170,000 tons of BHP’s Jimblebar blend fines, is expected to reach India’s JSW Jaigarh Port on March 25, a...
BHP Group Ltd. is sending a cargo of Jimblebar fines — a type of iron ore that’s restricted by China’s state buyer — to India, according to people familiar with the matter, the latest sign that the world’s biggest miner is diverting shipments to other markets. The True Champion, carrying about 170,000 tons of BHP’s Jimblebar blend fines, is expected to reach India’s JSW Jaigarh Port on March 25, according data from intelligence firm Kpler Ltd. The cargo is bound for JSW Steel, said the people, who requested anonymity as the information is private. A spokesperson from India’s JSW Steel declined to comment. BHP also declined to comment on the matter. The rare supply to India follows a months-long standoff between the Australian miner and China Mineral Resource Group. The state-buyer instructed steelmakers to halt purchases of Jimblebar in September last year after talks on long-term contracts faltered. CMRG later expanded the curbs to include all new products denominated by dollars from BHP and Jinbao, another type of steelmaking raw material. The JSW purchase of the mid-grade product is unusual for India, where imports from Brazil and Australia tend to be of higher-grade ores. “JSW might have got this cargo at big discount as current seaborne prices do not favor imports.” said Lalit Ladkat, an analyst at market intelligence firm CRU. “They might check its technical suitability for their sinter making,” an iron ore agglomeration process. More such deals seem unlikely since India has similar raw materials in its captive mines in Odisha, he added. As well as selling to India, BHP had previously sent more cargoes to other destinations outside China . Some restrictions on Jimblebar have since been eased after concerns over broader curbs on the miner drove a surge in iron ore prices earlier in March.
Malaysia ’s medical tourism sector could receive a boost amid the widening conflict in the Middle East as potential patients look for safer alternatives in Asia, according to a private healthcare company. Dubai, the main medical hub in the region, has been under Iranian missile and drone retaliatory attacks since the US and Israel began air strikes on the Islamic Republic on February 28. This coul...
Malaysia ’s medical tourism sector could receive a boost amid the widening conflict in the Middle East as potential patients look for safer alternatives in Asia, according to a private healthcare company. Dubai, the main medical hub in the region, has been under Iranian missile and drone retaliatory attacks since the US and Israel began air strikes on the Islamic Republic on February 28. This could prompt Middle Easterners who are seeking medical treatment to travel to Southeast Asian countries with a reputation for good and affordable healthcare, such as Malaysia, said Lau Beng Long, president of Sunway Healthcare, as cited by The Edge Malaysia. Advertisement “There may be situations where Middle Easterners may have to come over to Asia, Southeast Asia in particular, for some kind of temporary stay until things are more settled back home,” Lau said at a press conference on Wednesday. Malaysia’s medical tourism revenue would gain significantly if this were to happen. In 2023, Dubai welcomed about 691,000 medical tourists, who spent over 1.03 billion dirhams (US$280 million), Market Data Forecast reported in September last year. Advertisement Currently, most of Sunway’s medical tourists come from China, India and other regional countries, according to chief financial officer Chelsea Cheng.
Using its Coupang Intelligent Cloud (CIC) platform and Nvidia’s DGX SuperPOD, the company allows engineers to quickly develop and deploy AI models. These models optimize fulfillment centers and delivery routes, with GPU utilization rising from 65% to 95%. “Coupang’s business is centered on fulfilling our ‘Rocket Delivery’ promise…,” said Ashish Suryavanshi, the company’s vice president of engineer...
Using its Coupang Intelligent Cloud (CIC) platform and Nvidia’s DGX SuperPOD, the company allows engineers to quickly develop and deploy AI models. These models optimize fulfillment centers and delivery routes, with GPU utilization rising from 65% to 95%. “Coupang’s business is centered on fulfilling our ‘Rocket Delivery’ promise…,” said Ashish Suryavanshi, the company’s vice president of engineering, highlighting the role of AI in improving speed, selection and pricing. Coupang is also a launch partner for Nvidia’s Dynamo software and continues to invest heavily in AI-driven logistics, serving customers across more than 190 countries. Technical Analysis Coupang is trading 13.5% above its 20-day SMA and 8.1% below its 100-day SMA, showing improving short-term momentum but a longer-term downtrend that still needs repair. Shares are down 9.01% over the past 12 months and are currently positioned closer to their 52-week low than their 52-week high. The RSI is at 62.13, which sits in neutral territory but is leaning toward stronger momentum without being overbought. Meanwhile, MACD is at 0.0658 versus a signal line at -0.1942, a bullish configuration that suggests the recent rebound still has traction. The combination of RSI above 50 with a bullish MACD suggests mixed momentum, with short-term strength running into longer-term trend resistance. Key Resistance : $25.50 : $25.50 Key Support: $18.50 Earnings & Analyst Outlook Looking further out, the next major catalyst for the stock arrives with the May 5, 2026 (estimated) earnings report. EPS Estimate : Loss of 26 cents (Down from 6 cents YoY) : Loss of 26 cents (Down from 6 cents YoY) Revenue Estimate : $8.73 Billion (Up from $7.91 Billion YoY) : $8.73 Billion (Up from $7.91 Billion YoY) Valuation: P/E of 189.1x (Indicates premium valuation relative to peers) Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price target of $26.90. Recent analyst moves include: Barclays : Overweight (Rai...
Micron shares rise after the memory-chip maker tops a $500 billion market cap for the first time. Micron is scheduled to report quarterly earnings after the closing bell Wednesday.
Micron shares rise after the memory-chip maker tops a $500 billion market cap for the first time. Micron is scheduled to report quarterly earnings after the closing bell Wednesday.
The Blacks Creek Energy Centre is a 400MWac/520MWdc solar facility in Ada County, Idaho. Credit: Leonid Sorokin/Shutterstock.com. rPlus Energies has obtained more than $650m in debt and tax equity financing commitments for the construction of the Blacks Creek Energy Centre, a 400MW-alternating current (MWac)/520MW-direct current (MWdc) solar facility in Ada County, Idaho, US. The funding package i...
The Blacks Creek Energy Centre is a 400MWac/520MWdc solar facility in Ada County, Idaho. Credit: Leonid Sorokin/Shutterstock.com. rPlus Energies has obtained more than $650m in debt and tax equity financing commitments for the construction of the Blacks Creek Energy Centre, a 400MW-alternating current (MWac)/520MW-direct current (MWdc) solar facility in Ada County, Idaho, US. The funding package includes debt facilities led by Santander Corporate & Investment Banking and KeyBanc Capital Markets, which will support the project through its construction phase. Once the Blacks Creek Energy Centre reaches commercial operation, the arrangement will convert to a long-term loan facility. Santander has also provided a tax equity financing commitment for the project. The new centre will supply solar electricity to Idaho Power’s grid, contributing power to meet both Meta’s energy requirements for its data centre in Kuna, Idaho and other needs within Idaho Power’s service area. rPlus Energies president and CEO Luigi Resta said: “This project represents another major milestone for rPlus as we continue to invest in large‑scale, homegrown energy across the American West. “Santander and KeyBanc are strong partners, and we are pleased to work with them to deliver a project of this scale and importance.” The Blacks Creek Energy Centre extends rPlus Energies’ activity in Ada County, where the company previously developed Pleasant Valley Solar 1, now operated by different owners. Pleasant Valley Solar 2 is expected to begin commercial operation in spring 2026. Collectively, rPlus projects in Ada County, either operating, under construction or contracted, represent nearly 1GW of energy capacity. Legal counsel for rPlus was provided by Latham & Watkins and Dorsey & Whitney. Milbank and Parsons Behle & Latimer acted as legal counsel to Santander and KeyBanc Capital Markets regarding both debt and tax equity arrangements. KeyBanc Capital Markets managing director Bill Chamberlin said: “We ...
No rate cut at the Federal Reserve's latest meeting is the consensus, but the tone of Chair Jerome Powell's news conference after the decision on Wednesday is an unknown factor and could have major market implications. "If Powell starts to emphasize that inflation is a risk or any sort of mention of that could have a significant impact on the bond market," said Ben Emons of FedWatch Advisors. "If ...
No rate cut at the Federal Reserve's latest meeting is the consensus, but the tone of Chair Jerome Powell's news conference after the decision on Wednesday is an unknown factor and could have major market implications. "If Powell starts to emphasize that inflation is a risk or any sort of mention of that could have a significant impact on the bond market," said Ben Emons of FedWatch Advisors. "If you have long maturity bonds in your portfolio you want to pay attention because those may go higher." Emons believes a hawkish tone would be better received than a dovish tone with the markets assessing the impact of the Iran conflict. "Rate hikes would be viewed as more positive for the market," said Emons. "I think they are going to be really careful about characterizing this oil shock as a transitory effect on inflation because of the painful lesson they learned when they said the pandemic and the supply chain shock were transitory." Buying dips ahead of the decision "I would buy the IGV ," said Barbara Doran of BD8 Capital about the iShares Expanded Tech-Software Sector ETF. "We aren't going to know for a while which firms really successfully incorporating AI, all these companies are including AI. So, I think it's an interesting risk reward." Doran added she sees opportunities in international equities that have fallen more than U.S. equities during the Iran conflict, citing the Kospi that has fallen more than 5% since the conflict started compared to the S & P 500's more than 2% decline. "I'm looking at IWM ," said Devon Drew CEO of Asset Link, referring to the iShares Russell 2000 ETF. "Small Caps carry the most floating rate debt so they are the first to reprice on any dovish signal." The fund is down 4.4% this month. IWM mountain 2026-03-02 IWM in March Drew added he sees opportunities in financials that have fallen harder than the broader market since the Iran conflict began and a clear winner in a dovish regime. "Net Interest Margin expansion, funding costs fall,...
Key Points FS Credit Opportunities' yield is high in part because of a sell-off fueled by the "SaaSpocalypse." However, the fund's exposure to at-risk SaaS companies isn't high. The fund's ultra-high yield isn't an income investor's dream, but it isn't too good to be true, either. 10 stocks we like better than FS Credit Opportunities › Closed-end funds (CEFs) are popular with many income investors...
Key Points FS Credit Opportunities' yield is high in part because of a sell-off fueled by the "SaaSpocalypse." However, the fund's exposure to at-risk SaaS companies isn't high. The fund's ultra-high yield isn't an income investor's dream, but it isn't too good to be true, either. 10 stocks we like better than FS Credit Opportunities › Closed-end funds (CEFs) are popular with many income investors because of their juicy distributions. Yield-hungry investors also often favor business development company (BDC) stocks for the same reason. FS Credit Opportunities Corp. (NYSE: FSCO) offers two for the price of one. It's basically a BDC wrapped in a CEF. The fund is operated by Future Standards, a global alternative asset manager with $86 billion in assets under management. 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 » The combination CEF/BDC's distribution yield currently tops 16%. Is this yield an income investor's dream? Or is it too good to be true? Definitely no dream I'll cut to the chase. FS Credit Opportunity's ultra-high yield definitely isn't an income investor's dream. There's too much baggage to meet that lofty bar. For one thing, the distribution yield is unusually high in large part because the CEF's price has plunged significantly. FS Credit Opportunities' share price is now roughly 35% below its mid-2025 peak. Worries about the private credit market that BDCs serve have increased in recent months. Concerns further intensified with the so-called "SaaSpocalypse," a sell-off of SaaS stocks. Investors fretted that artificial intelligence (AI) could disrupt the business models of many SaaS companies. BDC stocks were also hit hard because many BDCs provide significant funding to software developers. Income investors also can't be dreamy about FS Credit Opportunities after the fund's board cu...
Key Points Gasoline prices have risen by more than 20% in a month. Fuel and household energy prices are major components of inflation. If oil prices remain elevated, it could lead to a higher Social Security COLA than expected. The $23,760 Social Security bonus most retirees completely overlook › Oil prices have risen to more than $100 a barrel amid escalating conflict with Iran, pushing fuel pric...
Key Points Gasoline prices have risen by more than 20% in a month. Fuel and household energy prices are major components of inflation. If oil prices remain elevated, it could lead to a higher Social Security COLA than expected. The $23,760 Social Security bonus most retirees completely overlook › Oil prices have risen to more than $100 a barrel amid escalating conflict with Iran, pushing fuel prices up by more than 20% in just one month. Of course, this is bad news for U.S. consumers. But could it be good news for retirees? The latest estimates from the Senior Citizens League call for a 2.8% Social Security COLA in 2027 -- the exact same raise beneficiaries received this year. But this estimate was made before the Iran situation disrupted global oil supplies. And there's a chance it could make the 2027 COLA much higher. 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 » The Social Security COLA is determined by changes in the Consumer Price Index (specifically the CPI-W). Energy costs make up 6.2% of the index, with 3% allocated to fuel costs and 3.2% to household energy. It isn't just fuel and household energy costs themselves that could result in higher-than-expected inflation. There are secondary impacts as well. For example, higher fuel costs make it more expensive for grocery stores to transport food, which can be passed on to consumers in the form of higher prices. In short, if oil prices stay elevated, it's entirely possible we'll see a 2027 Social Security COLA of 3.5% or more. When will we know for sure? It's important to mention that the Social Security COLA is based on third-quarter inflation data. So, the prices you're seeing at the fuel pump have nothing to do with the adjustment retirees will get in 2027 -- not yet anyway. The COLA is calculated by comparing the CPI-W data from July, Au...