Markets abhor uncertainty, and today both the S&P 500 and Nasdaq rallied to record highs on the hope that the anxiety and overhang from the US / Iran conflict may be coming to a close. Now, we’ve been here before. In the past few weeks seemingly imminent ceasefires, agreements, or some other abatement in tension ... The S&P 500 and Nasdaq Defy Gravity And Hit Record Highs
Markets abhor uncertainty, and today both the S&P 500 and Nasdaq rallied to record highs on the hope that the anxiety and overhang from the US / Iran conflict may be coming to a close. Now, we’ve been here before. In the past few weeks seemingly imminent ceasefires, agreements, or some other abatement in tension ... The S&P 500 and Nasdaq Defy Gravity And Hit Record Highs
Luis Enrique's expertise at rebuilding a culture as well as a football team means Arsenal will confront the complete package when they meet holders Paris St-Germain in the Champions League final.
Luis Enrique's expertise at rebuilding a culture as well as a football team means Arsenal will confront the complete package when they meet holders Paris St-Germain in the Champions League final.
Good morning, stock markets around the world have jumped on hopes the US and Iran are nearing a breakthrough. The nations are considering a fresh proposal to end the war as President Donald Trump searches for an exit to the conflict. Closer to home, Australia will include an A$10 billion package for fuel and fertilizer security in next week’s budget proposal after the Iran war caused a run on supp...
Good morning, stock markets around the world have jumped on hopes the US and Iran are nearing a breakthrough. The nations are considering a fresh proposal to end the war as President Donald Trump searches for an exit to the conflict. Closer to home, Australia will include an A$10 billion package for fuel and fertilizer security in next week’s budget proposal after the Iran war caused a run on supplies. And Australia and Fiji agreed on a new security and political treaty as Canberra looks to counter China’s growing influence in the Pacific region. - Sharon Klyne, Australia private credit reporter . What’s happening now Australia will include an A$10 billion package for fuel and fertilizer security in next week’s budget proposal after the Iran war caused a run on supplies in the Pacific nation. The package will fund a permanent government-owned onshore fuel reserve of around 1 billion liters and lift the minimum amount of fuel companies are required to hold by around 10 days. New Zealand is also mulling its fuel security , looking at storing fuel in Malaysia and Singapore, a senior government minister said, as the impacts of the Iran war expose the risks from its limited domestic storage capacity. Australia and Fiji will sign the Vuvale Union, a treaty building on a 2019 partnership between the countries. The new treaty will cover security, economic and people-to-people ties, with the details to be finalized in coming weeks, Australian Foreign Minister Penny Wong said. Australia will also provide A$30 million to assist Fiji with its fuel security . Brighter Super , a A$37 billion Australian pension fund, is tilting its portfolio away from the local share market in favor of global stocks as artificial intelligence continues to gain momentum in the US. Meanwhile, Australian retirees are withdrawing their pension savings at increasing rates. At Colonial First State, retirees ramped up lump-sum withdrawals in March as the US-Iran conflict escalated, according to the lates...
Singapore ’s lawmakers unanimously passed a motion affirming that the country will not have jobless growth amid the artificial intelligence transition, CNA reported. The private member’s motion, passed on Wednesday after two days of debate, called for parliament to recognize the impact of AI on jobs and affirm that economic progress will be inclusive. It was the first motion tabled by the labor mo...
Singapore ’s lawmakers unanimously passed a motion affirming that the country will not have jobless growth amid the artificial intelligence transition, CNA reported. The private member’s motion, passed on Wednesday after two days of debate, called for parliament to recognize the impact of AI on jobs and affirm that economic progress will be inclusive. It was the first motion tabled by the labor movement in more than a decade, according to CNA. “Left to market, AI growth may not automatically benefit workers,” Secretary-General of the National Trades Union Congress, Ng Chee Meng said in a speech. Ng called the win a clear consensus that the impact of AI on workers must be managed.
After the market closed tonight, Fluence Energy (NASDAQ: FLNC) dropped its fiscal Q2 2026 results, and the earnings report is a study in contrasts. Revenue badly missed, but the bottom line beat, backlog hit a record, and the company landed master supply agreements with two hyperscalers. Shares had already closed up 6.86% at $13.56 before ... Fluence (FLNC) Stock Soars 27% Tonight As Hyperscaler O...
After the market closed tonight, Fluence Energy (NASDAQ: FLNC) dropped its fiscal Q2 2026 results, and the earnings report is a study in contrasts. Revenue badly missed, but the bottom line beat, backlog hit a record, and the company landed master supply agreements with two hyperscalers. Shares had already closed up 6.86% at $13.56 before ... Fluence (FLNC) Stock Soars 27% Tonight As Hyperscaler Orders Steal the Show
Khvicha Kvaratskhelia’s trickery and imagination in Munich gave a reminder of the challenge facing Arsenal in the final Well, it was never going to be quite the same. You only get one all-time high, one first kiss, one Catcher in the Rye, one loved-up alien-ball dreamscape of a game like the first leg between these two teams . In the event Bayern Munich never really laid a glove on Paris Saint-Ger...
Khvicha Kvaratskhelia’s trickery and imagination in Munich gave a reminder of the challenge facing Arsenal in the final Well, it was never going to be quite the same. You only get one all-time high, one first kiss, one Catcher in the Rye, one loved-up alien-ball dreamscape of a game like the first leg between these two teams . In the event Bayern Munich never really laid a glove on Paris Saint-Germain at the Allianz Arena . They trailed from the third minute to Ousmane Dembélé’s goal , drew level on the night through Harry Kane at the death, but looked in between like a team trying to generate energy from a standing start, always kept at one remove by the extended arm, the palm on their forehead, fists whirling in the empty air between. Continue reading...
Earnings Call Insights: Fuel Tech (FTEK) Q1 2026 Management view “Our first quarter results, although strong, fell slightly short of last year's Q1 results with improved performance in our Air Pollution Control business segment being offset by a decline in revenues for
Earnings Call Insights: Fuel Tech (FTEK) Q1 2026 Management view “Our first quarter results, although strong, fell slightly short of last year's Q1 results with improved performance in our Air Pollution Control business segment being offset by a decline in revenues for
Earnings Call Insights: Occidental Petroleum (OXY) Q1 2026 Management View “I will be retiring as President and CEO of Occidental on June 1. And with the approval of the Board of Directors, Richard Jackson will succeed me as President and CEO.” (President, CEO & Director Vicki
Earnings Call Insights: Occidental Petroleum (OXY) Q1 2026 Management View “I will be retiring as President and CEO of Occidental on June 1. And with the approval of the Board of Directors, Richard Jackson will succeed me as President and CEO.” (President, CEO & Director Vicki
Treasury Weighs Allowing Billionaires To Donate Stock To Trump Accounts Here's something that could go incredibly well or spectacularly wrong: The Trump administration’s flagship program for American children - the so-called Trump accounts - could soon get a dramatic upgrade. White House and Treasury Department officials are in internal discussions about letting the world’s wealthiest individuals ...
Treasury Weighs Allowing Billionaires To Donate Stock To Trump Accounts Here's something that could go incredibly well or spectacularly wrong: The Trump administration’s flagship program for American children - the so-called Trump accounts - could soon get a dramatic upgrade. White House and Treasury Department officials are in internal discussions about letting the world’s wealthiest individuals donate shares of their companies directly into the accounts , a move that would transform the program from a conservative cash-and-index-fund vehicle into a potential magnet for high-growth tech stock. The accounts, formally known as Section 530A accounts, are scheduled to begin accepting contributions on July 4 . They were created as part of last year’s major domestic policy legislation and have already attracted billions of dollars in philanthropic pledges. Until now, the rules have been strict: only cash, invested exclusively in diversified index funds. That restriction may soon change, according to the NY Times . Brad Gerstner , founder of Altimeter Capital and the architect behind the 530A program, has been leading the push. Gerstner, who received a public shout-out during the president’s State of the Union address in February, has been meeting with administration officials to explore the idea. The proposal would allow ultra-wealthy donors to contribute appreciated stock - for example, Elon Musk donating Tesla or SpaceX shares, or Nvidia’s Jensen Huang contributing Nvidia stock - without triggering capital-gains taxes. Proponents see two major upsides: Children could gain exposure to tomorrow’s biggest winners. Instead of modest, steady returns from broad index funds, millions of young Americans might own slices of high-growth companies for decades. Donors could give more, and more efficiently. By donating stock at its current fair-market value, billionaires would receive a full charitable deduction while avoiding the capital-gains tax they would owe if they sold the s...