The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.32%. June E-mini S&P futures (ESM26 ) are up +0.40%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.32%. June E-mini S&P futures (ESM26 ) are up +0.40%, and June E-mini Nasdaq futures...
Collien Fernandes accuses ex-husband, Christian Ulmen, of sharing sexually explicit deepfake images of her online A high-profile German TV star’s allegations that her ex-husband spread AI-generated pornographic images of her have triggered a national debate and put pressure on the government to tighten laws around digital violence against women. In an interview with the news magazine Der Spiegel l...
Collien Fernandes accuses ex-husband, Christian Ulmen, of sharing sexually explicit deepfake images of her online A high-profile German TV star’s allegations that her ex-husband spread AI-generated pornographic images of her have triggered a national debate and put pressure on the government to tighten laws around digital violence against women. In an interview with the news magazine Der Spiegel last week, Collien Fernandes accused her former husband Christian Ulmen, a prominent TV presenter and producer, of impersonating her online for years and sharing sexually explicit deepfake images. Continue reading...
Uefa is to expected to broadly freeze prices at Euro 2028 - meaning supporters would be able to buy five tickets for the cost of one parking space at a World Cup stadium this summer.
Uefa is to expected to broadly freeze prices at Euro 2028 - meaning supporters would be able to buy five tickets for the cost of one parking space at a World Cup stadium this summer.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Edwards Lifesciences Corp (Symbol: EW) has taken over the #89 spot from Darden Restaurants, Inc. (Symbol: DRI), according to ETF Channel. Below is a chart of Edwards
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Edwards Lifesciences Corp (Symbol: EW) has taken over the #89 spot from Darden Restaurants, Inc. (Symbol: DRI), according to ETF Channel. Below is a chart of Edwards
A study of analyst recommendations at the major brokerages shows that Coca-Cola Co (Symbol: KO) is the #4 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Coca-Cola Co is also a top tier analyst pick among the b
A study of analyst recommendations at the major brokerages shows that Coca-Cola Co (Symbol: KO) is the #4 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Coca-Cola Co is also a top tier analyst pick among the b
The SPDR MSCI USA StrategicFactors ETF is seeing unusually high volume in afternoon trading Monday, with over 168,000 shares traded versus three month average volume of about 25,000. Shares of QUS were up about 0.7% on the day. Components of that ETF with the highest volume on
The SPDR MSCI USA StrategicFactors ETF is seeing unusually high volume in afternoon trading Monday, with over 168,000 shares traded versus three month average volume of about 25,000. Shares of QUS were up about 0.7% on the day. Components of that ETF with the highest volume on
Phoenix Global Resources Plc , a crude producer backed by trading house Mercuria Energy Group Ltd. , is preparing a $6 billion expansion in Argentina’s booming Vaca Muerta shale patch after President Javier Milei broadened his investor incentives to include oil drilling. Phoenix will apply in the coming days to the program, known by its Spanish acronym RIGI, to develop acreage on the eastern flank...
Phoenix Global Resources Plc , a crude producer backed by trading house Mercuria Energy Group Ltd. , is preparing a $6 billion expansion in Argentina’s booming Vaca Muerta shale patch after President Javier Milei broadened his investor incentives to include oil drilling. Phoenix will apply in the coming days to the program, known by its Spanish acronym RIGI, to develop acreage on the eastern flank of Patagonia’s shale fields plus a new asset in another corner of the basin that it’s close to acquiring, Chief Executive Officer Pablo Bizzotto said in an interview. Milei has leveraged RIGI to lure energy and mining projects worth tens of billions of dollars — offering up tax breaks that directly improve shale economics and legal guarantees that shield companies from policy meddling that was rife in Argentina before he took office in 2023. “RIGI takes your asset and relocates it virtually to a developed country,” Bizzotto said on March 27 in Buenos Aires. “Of course there are financial advantages that boost returns, but the strongest aspect for me is the message it sends: Argentina isn’t going to move the goalposts.” Milei’s move to widen the scope of the RIGI incentives to Vaca Muerta oil wells promises to quicken shale growth. For Phoenix, the program has helped to spur its acquisition talks and deliberations of adding a third drilling rig. Meanwhile, rivals Tecpetrol SA and Pampa Energia SA have announced they are submitting multibillion-dollar proposals as construction makes headway on a signature oil pipeline with its first crude cargoes about a year away. Phoenix itself plans to keep shipping through the already-expanded Oldelval SA pipeline. Mercuria founded Phoenix nearly a decade ago and holds a roughly 90% stake in the business that it took private in 2022. It has stayed the course in Argentina even as other international companies like Exxon Mobil Corp. , TotalEnergies SE and Equinor ASA divested assets — either because of ongoing frustrations with capital con...
In trading on Monday, the Global X MSCI Argentina ETF is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Lithium Argentina, up about 8.4% and shares of Adecoagro, up about 8.3% on the day. And underperfor
In trading on Monday, the Global X MSCI Argentina ETF is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Lithium Argentina, up about 8.4% and shares of Adecoagro, up about 8.3% on the day. And underperfor
Bryngelzon/iStock via Getty Images Eagle Point Credit Company's ( ECC ) common shares form a somber investment, with the closed-end fund having pushed through a series of dividend cuts since 2024. The latest cut was a steep 57% from the prior monthly payout to $0.06 per share , around $0.72 per share annualized for a 19.5% dividend yield. When this cut in income is aggregated with a stock that has...
Bryngelzon/iStock via Getty Images Eagle Point Credit Company's ( ECC ) common shares form a somber investment, with the closed-end fund having pushed through a series of dividend cuts since 2024. The latest cut was a steep 57% from the prior monthly payout to $0.06 per share , around $0.72 per share annualized for a 19.5% dividend yield. When this cut in income is aggregated with a stock that has fallen by 54% over the last year, ECC comes fully into the purview of an investment that has really only lost money for its investors. Dividend cuts are so destructive because the stock price almost always follows the cut lower as investors flee and the market moves to reprice the commons on a similar yield prior to the cut. The move places ECC's series of public fixed-income securities as the only reasonable investment from both a risk management and income stability perspective. I've historically focused my purchases on the 6.75% Series D Cumulative Preferred Stock ( ECC.PR.D ), but they're one of six outstanding fixed income securities on ECC's capital stack. Eagle Point Credit Company Form 8-K Seeking Alpha These have dropped around 9.5% from their 52-week high, with the dip overlapping with ECC's recent decision to cut its dividend on the common following quarterly earnings that highlighted yet another quarter of a decline in net asset value ("NAV") per share. The story of ECC's book value is perhaps its most stark metric, showing how its focus on collateralized loan obligations ("CLOs") has not created a base for positive returns on its capital. The CEF invests in the equity and junior debt tranches of CLOs, a type of investment vehicle that's a pool of corporate U.S. credit. Eagle Point Credit Fiscal 2025 Fourth Quarter Supplemental Eagle Point Credit Fiscal 2025 Fourth Quarter Supplemental These tranches get paid interest and receive principal payments from the corporate borrowers, with the CEF having 1,850 underlying loan obligors as of the end of its fiscal 2025 ...
The British pop star will lead the 2026 London literature festival in collaboration with her Service95 book club, as part of the Southbank Centre’s 75th anniversary celebrations Brit award-winning pop star Dua Lipa is to curate this year’s London literature festival at the Southbank Centre, organisers have announced. The festival, now in its 19th year, will run from 21 October to 1 November, with ...
The British pop star will lead the 2026 London literature festival in collaboration with her Service95 book club, as part of the Southbank Centre’s 75th anniversary celebrations Brit award-winning pop star Dua Lipa is to curate this year’s London literature festival at the Southbank Centre, organisers have announced. The festival, now in its 19th year, will run from 21 October to 1 November, with Lipa shaping a programme of events across the opening weekend and beyond in collaboration with her Service95 book club. The news comes as part of the Southbank Centre’s 75th anniversary programme and during the UK’s National Year of Reading. Continue reading...
A study of analyst recommendations at the major brokerages shows that OceanaGold Corp (TSX: OGC.TO) is the #25 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global M
A study of analyst recommendations at the major brokerages shows that OceanaGold Corp (TSX: OGC.TO) is the #25 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global M
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Coca-Cola is the #4 analyst pick. Coca-Cola is also a top tier analyst pick among the broader S&P 500 index components, claiming t
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Coca-Cola is the #4 analyst pick. Coca-Cola is also a top tier analyst pick among the broader S&P 500 index components, claiming t
Micron (NASDAQ: MU) stock has been dropping more or less steadily the past two weeks -- ever since earnings, in fact . The shares paused their slide Friday -- but then resumed falling again on Monday, and as of 11:50 a.m. ET are down another 5.6%. The question is why -- especially in light of the vote of support Micron got just this morning? Image source: Micron. Continue reading
Micron (NASDAQ: MU) stock has been dropping more or less steadily the past two weeks -- ever since earnings, in fact . The shares paused their slide Friday -- but then resumed falling again on Monday, and as of 11:50 a.m. ET are down another 5.6%. The question is why -- especially in light of the vote of support Micron got just this morning? Image source: Micron. Continue reading
Ruslan Lytvyn/iStock via Getty Images The U.S. dollar ( DXY ) has solidified its position as the dominant safe haven currency as global foreign exchange markets grapple with heightened uncertainty following the escalation of war in Iran, according to Jane Foley, head of FX strategy at Rabobank. In an interview with Bloomberg TV, Foley described FX markets as “very anxious” and noted that investors...
Ruslan Lytvyn/iStock via Getty Images The U.S. dollar ( DXY ) has solidified its position as the dominant safe haven currency as global foreign exchange markets grapple with heightened uncertainty following the escalation of war in Iran, according to Jane Foley, head of FX strategy at Rabobank. In an interview with Bloomberg TV, Foley described FX markets as “very anxious” and noted that investors are flocking to the dollar ( DXY ) for its unmatched liquidity during the crisis. “The dollar has been used as a safe haven. It is liquid. That is what people want,” Foley said. “They obviously value liquidity over returns when things get this uncertain.” The comments underscore how the escalating conflict has prompted investors to prioritize capital preservation over yield-seeking strategies. Traditional safe haven currencies have notably failed to attract the same flight-to-safety flows. The Japanese yen ( FXY ) and Swiss franc ( FXF ), typically reliable shelters during periods of market stress, have underperformed since the war began. Foley cited fears of central bank intervention in Switzerland and political anxiety in Japan following the appointment of a new prime minister. The dollar’s ( DXY ) strength is creating significant pressure on higher-yielding currencies, particularly those in emerging markets. Foley characterized the dollar as “essentially the only safe haven out there right now,” leaving emerging market currencies highly vulnerable to continued outflows as investors seek safety. The current dollar rally is notable given that investors entered the crisis with bearish positioning on the greenback. “The market went into this crisis short of the dollar,” Foley noted, adding that traders had been reluctant to take long positions on the currency since tariff-related turbulence last April. Looking ahead, Foley acknowledged the medium-term outlook remains complex. She raised questions about whether the current crisis could accelerate de-dollarization efforts, pa...
In trading on Monday, semiconductors shares were relative laggards, down on the day by about 3.2%. Helping drag down the group were shares of AXTI, down about 16.4% and shares of Applied Optoelectronics off about 14.7% on the day. Also lagging the market Monday are computer pe
In trading on Monday, semiconductors shares were relative laggards, down on the day by about 3.2%. Helping drag down the group were shares of AXTI, down about 16.4% and shares of Applied Optoelectronics off about 14.7% on the day. Also lagging the market Monday are computer pe
In trading on Monday, asset management shares were relative leaders, up on the day by about 2.5%. Leading the group were shares of AlTi Global, up about 7.3% and shares of Blackstone up about 4.7% on the day. Also showing relative strength are non-precious metals & non-met
In trading on Monday, asset management shares were relative leaders, up on the day by about 2.5%. Leading the group were shares of AlTi Global, up about 7.3% and shares of Blackstone up about 4.7% on the day. Also showing relative strength are non-precious metals & non-met
NVIDIA (NasdaqGS:NVDA) and partners have launched the Vera Rubin DSX AI Factory reference design into broad commercial deployment. The company introduced seven new chips now in full production, including the Vera CPU, Rubin GPU, NVLink switches, and BlueField-4 DPU. NVIDIA also released an agentic AI software stack, including NemoClaw, OpenShell, and Nemotron Coalition, along with open-source refe...
NVIDIA (NasdaqGS:NVDA) and partners have launched the Vera Rubin DSX AI Factory reference design into broad commercial deployment. The company introduced seven new chips now in full production, including the Vera CPU, Rubin GPU, NVLink switches, and BlueField-4 DPU. NVIDIA also released an agentic AI software stack, including NemoClaw, OpenShell, and Nemotron Coalition, along with open-source references. Major cloud providers, hardware manufacturers, and integrators have already announced...
Mark Zuckerberg at G8 in Deauville, France COM & O/iStock Editorial via Getty Images Meta Platforms, Inc. ( META ) recently became the apparently "cheapest" Magnificent Seven stock when a steep selloff took its P/E ratio to below 20. This is significantly cheaper than the equivalent multiple for Alphabet ( GOOG , GOOGL ), which is often considered the most "value investor friendly" Magnificent Sev...
Mark Zuckerberg at G8 in Deauville, France COM & O/iStock Editorial via Getty Images Meta Platforms, Inc. ( META ) recently became the apparently "cheapest" Magnificent Seven stock when a steep selloff took its P/E ratio to below 20. This is significantly cheaper than the equivalent multiple for Alphabet ( GOOG , GOOGL ), which is often considered the most "value investor friendly" Magnificent Seven name. In some ways, this situation resembles the bear market in META shares that emerged in late 2022. Driven by rising capital expenditure [CAPEX] and unproven Metaverse [i.e., virtual reality] investments, the stock fell all the way to $100 from previous highs above $400. It proved a fantastic entry point, as META later went to $650 before its current drawdown. By some estimates, Meta is currently in its largest drawdown since its late 2022 crash. In fact, on a dollar basis, this drawdown might already be approaching that one in size, for while it's smaller on a percentage basis, the market cap was much greater when the current selloff began. To be sure, bears have their reasons for being skeptical of META. The company is projecting $162 billion worth of CAPEX for 2026, which is almost as much as the company did in revenue in the trailing 12-month [TTM] period. Much of the CAPEX spend is going to AI. If these AI investments don't pay off, then the company is essentially burning through cash at a rate nearly equal to revenue and greater than either profit or free cash flow. So the company is taking a risk here. Additionally, Meta's Reality Labs segment continues to eat up rising amounts of cash despite its revenue trending lower over time. These two costly bets —AI and VR —are eating up a lot of Meta's wealth, and it's not clear that they will pay off. The assessment above is understandable, but I disagree with it. First off, Meta has many ways to make money off of AI. The game of building models is a competitive one, but when you look at the various ways Meta could int...
Mark Zuckerberg at G8 in Deauville, France COM & O/iStock Editorial via Getty Images Meta Platforms, Inc. ( META ) recently became the apparently "cheapest" Magnificent Seven stock when a steep selloff took its P/E ratio to below 20. This is significantly cheaper than the equivalent multiple for Alphabet ( GOOG , GOOGL ), which is often considered the most "value investor friendly" Magnificent Sev...
Mark Zuckerberg at G8 in Deauville, France COM & O/iStock Editorial via Getty Images Meta Platforms, Inc. ( META ) recently became the apparently "cheapest" Magnificent Seven stock when a steep selloff took its P/E ratio to below 20. This is significantly cheaper than the equivalent multiple for Alphabet ( GOOG , GOOGL ), which is often considered the most "value investor friendly" Magnificent Seven name. In some ways, this situation resembles the bear market in META shares that emerged in late 2022. Driven by rising capital expenditure [CAPEX] and unproven Metaverse [i.e., virtual reality] investments, the stock fell all the way to $100 from previous highs above $400. It proved a fantastic entry point, as META later went to $650 before its current drawdown. By some estimates, Meta is currently in its largest drawdown since its late 2022 crash. In fact, on a dollar basis, this drawdown might already be approaching that one in size, for while it's smaller on a percentage basis, the market cap was much greater when the current selloff began. To be sure, bears have their reasons for being skeptical of META. The company is projecting $162 billion worth of CAPEX for 2026, which is almost as much as the company did in revenue in the trailing 12-month [TTM] period. Much of the CAPEX spend is going to AI. If these AI investments don't pay off, then the company is essentially burning through cash at a rate nearly equal to revenue and greater than either profit or free cash flow. So the company is taking a risk here. Additionally, Meta's Reality Labs segment continues to eat up rising amounts of cash despite its revenue trending lower over time. These two costly bets —AI and VR —are eating up a lot of Meta's wealth, and it's not clear that they will pay off. The assessment above is understandable, but I disagree with it. First off, Meta has many ways to make money off of AI. The game of building models is a competitive one, but when you look at the various ways Meta could int...
The TJX Companies today announced that its Board of Directors has raised the amount of its quarterly dividend by 13% from the last dividend paid. The Board declared a regular quarterly dividend in the amount of $.48 per share, payable June 4, 2026, to shareholders of record on M
The TJX Companies today announced that its Board of Directors has raised the amount of its quarterly dividend by 13% from the last dividend paid. The Board declared a regular quarterly dividend in the amount of $.48 per share, payable June 4, 2026, to shareholders of record on M