Few coffee drinkers recognize the name Neumann Kaffee Gruppe. Yet the Hamburg-based trader handles about one in every eight beans consumed worldwide — from jars in supermarket aisles to espresso bars in New York, Shanghai and Rome. The firm with nearly century-old roots, known in the trade as NKG, rarely speaks publicly and has no consumer brand. Last year’s surge in coffee futures — to more than ...
Few coffee drinkers recognize the name Neumann Kaffee Gruppe. Yet the Hamburg-based trader handles about one in every eight beans consumed worldwide — from jars in supermarket aisles to espresso bars in New York, Shanghai and Rome. The firm with nearly century-old roots, known in the trade as NKG, rarely speaks publicly and has no consumer brand. Last year’s surge in coffee futures — to more than double the average of the past five decades — forced the trader to rethink how it operates, with knock-on effects for its position in the coffee market. NKG faced one of the most turbulent periods in its history, at times using up to 90% of its credit lines as margin calls mounted. It slashed inventories by about 70%, cut volumes and began turning down deals it once would have pursued. Today, the company is seeking to rebuild trading activity, but remains wary of geopolitical conflicts and the risk of renewed price swings. “There have been and are too many imponderables in the market now for you to plan,” NKG’s third generation leader, David Neumann, said in an interview in Hamburg, pointing to extreme price swings, geopolitical tensions and a growing concentration of production in fewer countries. As a result of the firm’s more conservative approach, “I don’t think we’re number one in coffee in terms of traded volume.” Like many raw materials, coffee has been whipsawed by supply disruptions and waves of investor money chasing price swings. Last year’s turbulence — initially driven by concerns about Brazil’s harvest and later by US trade tariffs — strained merchants’ financing lines and forced many to scale back risk, limiting roasters’ options and pushing up costs for households chasing their daily fix. While prices have eased from records on expectations of a bumper Brazilian crop, they’re still historically high and stockpiles remain low. Now, the Iran conflict has disturbed shipping routes, pushed up freight and insurance costs, further adding to uncertainty and volatil...
Is Francesco Pio Esposito immune to The Fear? Even as Inter threw away another two points on Sunday night, drawing 1-1 at Fiorentina and giving fresh encouragement to their rivals in a title race that was supposed to have been done and dusted by the end of February, their 20-year-old striker remained untouched by it. He opened the scoring inside the first minute at the Stadio Artemio Franchi, rewa...
Is Francesco Pio Esposito immune to The Fear? Even as Inter threw away another two points on Sunday night, drawing 1-1 at Fiorentina and giving fresh encouragement to their rivals in a title race that was supposed to have been done and dusted by the end of February, their 20-year-old striker remained untouched by it. He opened the scoring inside the first minute at the Stadio Artemio Franchi, rewarding Nicolò Barella’s cross with a firm header past David De Gea. When the ball reached him again in the dying seconds of injury time, Esposito once again met the occasion, keeping his feet as Luca Ranieri grabbed at him with both hands, and turning brilliantly to fire towards the bottom corner. This time, however, the goalkeeper was equal to it. It had taken Fiorentina until the 77th minute to equalise, Cher Ndour forcing the ball home after Yann Sommer pushed an Albert Gudmundsson shot out into his path. But that spoke more to their own profligacy than Inter’s defending. The Viola ought to have been level before half-time, Gudmundsson glancing a header wide when unmarked and Moise Kean arriving a fraction too late to slide another cross into an open net. Fiorentina’s turnaround this season has been remarkable. They did not win a league game until 21 December, collecting six points from their first 15 outings. Their sporting director Daniele Pradè quit in November, a forlorn attempt to protect the manager, Stefano Pioli, who got fired three days later anyway. And the man who took over in the dugout, Paolo Vanoli, still took more than a month after that to earn his first victory. Since then, though, there has only been improvement. Fiorentina are out of the relegation zone now, and though the buffer is only two points it is hard to imagine them dropping back into it. They have won six of their last 10 games across all competitions and lost only two. All this to say that drawing at Fiorentina is not a bad result. Under Vanoli, they look closer to the team who finished sixth...
NVIDIA announced on Monday that it partnered with Emerald AI to develop a new class of AI factories. The Nvidia corporate logo is featured at the Fira Gran Via during the Mobile World Congress in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) NVIDIA is struggling to reclaim a key technical ground after slipping below its 200-day moving average on Friday. Taiwanese outlet cnYES re...
NVIDIA announced on Monday that it partnered with Emerald AI to develop a new class of AI factories. The Nvidia corporate logo is featured at the Fira Gran Via during the Mobile World Congress in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images) NVIDIA is struggling to reclaim a key technical ground after slipping below its 200-day moving average on Friday. Taiwanese outlet cnYES reported that NVIDIA is revising the design of its Feynman AI chips due to limited production capacity on TSMC’s advanced A16 process. NVIDIA has outperformed all but two of its ‘Mag 7’ peers so far this year. NVIDIA (NVDA) struggled below key technical levels, with the stock staying under its 200-day moving average. It had breached this for the first time since May 2025 in the previous session. Despite slipping below a crucial level, NVDA stock rebounded more than 2% on Monday as the chipmaker doubled down on its long-term AI ambitions. Source: TradingView Meanwhile, retail sentiment for NVDA on Stocktwits turned ‘neutral’ from ‘bullish’ a day earlier. What Did Stocktwits Users Say? Chatter was mixed. One user said the stock is overdue for a 40%-70% run. Another user cited broader market weakness as the cause of the stock’s underperformance. Despite trending down, NVDA shares have outperformed all but two of its peers in the “Magnificent 7” group so far this year. The stock declined 5.8% so far in 2026. Only Google (-5%) and Apple (-5.3%) fared better. Partnership with Emerald AI To Develop AI Factories On Monday, the chipmaker teamed up with Emerald AI and energy firms including AES Corporation (AES), Constellation Energy (CEG), Invenergy, NextEra Energy (NEE), Nscale Energy & Power, and Vistra Corp. (VST) to develop a new class of AI factories. The facilities are designed to connect to power grids more quickly and can also operate as flexible energy assets to support grid stability. The AI factories will rely on co-located power generation and storage to bring capacity onl...
Bonus points caught some flak at the end of the Six Nations. Had champions France drawn their high-scoring game against England in the final round, rather than winning it by one point, they would have finished top of the standings despite having won one fewer match than second-placed Ireland. However, the concept came good at the end of Leicester's win over Bristol on Sunday. With the clock in the...
Bonus points caught some flak at the end of the Six Nations. Had champions France drawn their high-scoring game against England in the final round, rather than winning it by one point, they would have finished top of the standings despite having won one fewer match than second-placed Ireland. However, the concept came good at the end of Leicester's win over Bristol on Sunday. With the clock in the red, Leicester 28-19 up and each team having scored three tries, the Bears were attacking hard deep inside the host's half. Bristol couldn't win the game, but a try would deliver them two bonus points and keep them within one of Leicester in the table and the race for a top-four finish. When replacement Tigers' hooker Finn Theobald-Thomas turned over the ball, it seemed Leicester would take the money and kick to touch. Their coach Geoff Parling certainly thought so. "Could you not hear me at the end? I wanted us to kick it off," he said later. Instead, despite the rest of the backline standing flat and fatigued and the left-hand touchline invitingly close, Izaia Perese flung a long pass the other way. Freddie Steward caught it, kicked a pinpoint bomb across to Billy Searle, who fed inside to Gabriel Hamer-Webb to streak in to secure Leicester's own four-try bonus. It was a sensational finish.
There's growing pressure for artificial intelligence (AI) companies to deliver strong results. As investments into AI are rising, so too are expectations for there to be a payoff. While there have been reports of AI-related job losses and companies touting their newfound efficiencies, investors remain skeptical, and that is evident with many AI stocks incurring steep losses this year. One promisin...
There's growing pressure for artificial intelligence (AI) companies to deliver strong results. As investments into AI are rising, so too are expectations for there to be a payoff. While there have been reports of AI-related job losses and companies touting their newfound efficiencies, investors remain skeptical, and that is evident with many AI stocks incurring steep losses this year. One promising AI stock that recently posted underwhelming earnings numbers is Chinese company Alibaba Group Holdings (BABA 1.99%). While the business is growing, it may not be enough to convince investors that its stock is worth buying. Entering trading this week, the tech stock has fallen by 17% since the start of the year. Here's how it did in its most recent quarterly results, and whether it may be worth buying on the dip. Alibaba's revenue rose by just 2% last quarter For the last three months of 2025, Alibaba's revenue totaled 284.8 billion Chinese yuan ($41.3 billion), which was lower than analyst projections of 290.7 billion Chinese yuan ($42.2 billion). On a year-over-year basis, the company's top line rose by a relatively modest rate of around 2%. Meanwhile, on the bottom line, its net income fell by 66%, to 15.6 billion Chinese yuan ($2.3 billion), as the company invested heavily into user experiences and technology. Its sales and marketing expenses rose by 69%. Despite the seemingly underwhelming results, Alibaba continues to say "AI is and will continue to be one of our primary growth engines." The company said that for a tenth consecutive quarter, revenue related to its AI products generated triple-digit growth. Its Qwen app, which is a rival to ChatGPT, has also surpassed 300 million monthly active users. Expand NYSE : BABA Alibaba Group Today's Change ( -1.99 %) $ -2.49 Current Price $ 122.41 Key Data Points Market Cap $275B Day's Range $ 122.09 - $ 126.48 52wk Range $ 94.97 - $ 192.67 Volume 1.2M Avg Vol 12M Gross Margin 40.43 % Dividend Yield 0.86 % Why I'd hold off on...
Tripadvisor ( NASDAQ: TRIP ) on Monday said it has entered into a cooperation agreement with Starboard Value, under which four new directors will join its board to support the company's value creation efforts. Dhiren Fonseca and Andrew F. Cates have been appointed to the board, effective immediately, while Starboard will recommend two additional directors for election at Tripadvisor's 2026 annual ...
Tripadvisor ( NASDAQ: TRIP ) on Monday said it has entered into a cooperation agreement with Starboard Value, under which four new directors will join its board to support the company's value creation efforts. Dhiren Fonseca and Andrew F. Cates have been appointed to the board, effective immediately, while Starboard will recommend two additional directors for election at Tripadvisor's 2026 annual meeting. Greg Maffei , Chairman of Tripadvisor, said, the agreement reflects a “constructive resolution” and that the new directors will add valuable experience as the company executes its strategy. Starboard CEO Jeff Smith said the firm sees significant opportunity in Tripadvisor’s business and expects the new board members to help focus on shareholder value. Following the appointments, Tripadvisor’s board will expand from eight to ten members and remain at that size after the annual meeting. Starboard has agreed not to nominate its own slate and will back the company’s nominees, alongside customary standstill and voting provisions. MSFT +0.55% premarket to $384.0. Source: Press Release More on Microsoft, Expedia, etc. Microsoft: Don't Jump To Conclusions From The Recent Share Price Rout Microsoft Stock Makes No Sense, Play The Spending Versus Revenue Gap Tripadvisor: Activist Pressure Supports Our Upside Outlook White House's AI blueprint contends federal laws should trump states' rights in AI legislation Airline stocks spooked by Duffy's comments on airport closures
Key Points Shell and rival Chevron recently scored oil exploration and production deals in Venezuela. Shares of Shell recently hit all-time highs, but its strength isn't solely attributable to Venezuela. Shell's Venezuela exposure is potentially lucrative, but investors should set reasonable expectations. 10 stocks we like better than Shell Plc › Barely more than two months after U.S. forces captu...
Key Points Shell and rival Chevron recently scored oil exploration and production deals in Venezuela. Shares of Shell recently hit all-time highs, but its strength isn't solely attributable to Venezuela. Shell's Venezuela exposure is potentially lucrative, but investors should set reasonable expectations. 10 stocks we like better than Shell Plc › Barely more than two months after U.S. forces captured former Venezuelan President Nicolas Maduro, that petroleum-rich country is already making moves to boost its oil output. That's a surprisingly quick pace, particularly given that the long-term fate of the current government is far from settled. Integrated oil giants Chevron and Shell (NYSE: SHEL) reportedly notched oil and gas exploration and production deals with the South American nation, which is a member of the Organization of Petroleum Exporting Countries (OPEC). Historically, those headlines aren't surprising, since those two companies maintained a presence in Venezuela while rivals bailed after the country nationalized its energy industry. 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 » Specific to Shell, it's believed that the company's Venezuela agreement paves the way for it to expand offshore natural gas exploration and onshore oil and gas drilling. Over the long haul, an increased Venezuelan footprint could benefit Shell investors for a simple reason: The country has the world's largest provable crude reserves. How meaningful the Latin American nation is to the stock price in the near term, well, that's a different ballgame. Let's take a closer look. A case of good timing As of March 19, Shell's shares are up 24% year to date and 14% over the past month. Focusing on the monthly run, that period includes the recent Venezuela headlines. More importantly, it includes the conflict in Iran, whi...
Elon Musk made good on his Terafab promise, and it’s big. On Saturday night, Tesla and SpaceX CEO Musk outlined a bold vision for vertically integrating chip production into his plans to create an artificial intelligence empire. At a defunct power plant, Musk announced plans to build a semiconductor manufacturing plant, to be a joint venture among Tesla, xAI, and SpaceX.
Elon Musk made good on his Terafab promise, and it’s big. On Saturday night, Tesla and SpaceX CEO Musk outlined a bold vision for vertically integrating chip production into his plans to create an artificial intelligence empire. At a defunct power plant, Musk announced plans to build a semiconductor manufacturing plant, to be a joint venture among Tesla, xAI, and SpaceX.
Skyline Builders Group Holding ( SKBL ) announced on Monday that it priced a $17.2M brokered private placement of senior unsecured convertible notes and 0.25M class B preferred shares with a par value of $0.00001 per share. Each note and preferred share is convertible into Class A ordinary shares at a conversion price of $2.40 per share, subject to anti-dilution adjustments, with a floor price of ...
Skyline Builders Group Holding ( SKBL ) announced on Monday that it priced a $17.2M brokered private placement of senior unsecured convertible notes and 0.25M class B preferred shares with a par value of $0.00001 per share. Each note and preferred share is convertible into Class A ordinary shares at a conversion price of $2.40 per share, subject to anti-dilution adjustments, with a floor price of $1.50 per share. The company issued about $16.6M of notes under a Regulation D offering to U.S. investors and about $0.6M of preferred shares under a Regulation S offering to non-U.S. investors. The transaction is expected to close on or about March 24, 2026. Shares +2.07% More on Skyline Builders Group Holding Limited Financial information for Skyline Builders Group Holding Limited
Maria_Ermolova/iStock Editorial via Getty Images Introduction The Goldman Sachs Group, Inc. ( GS ), one of the largest investment banks in the world, saw its shares enjoy a great run in 2025. This year has been a bit different. Since I last wrote about them in December , Goldman Sachs’ shares have slightly underperformed the S&P 500. Recently, the share price rebounded from a nearly 20% pullback. ...
Maria_Ermolova/iStock Editorial via Getty Images Introduction The Goldman Sachs Group, Inc. ( GS ), one of the largest investment banks in the world, saw its shares enjoy a great run in 2025. This year has been a bit different. Since I last wrote about them in December , Goldman Sachs’ shares have slightly underperformed the S&P 500. Recently, the share price rebounded from a nearly 20% pullback. I believe the recent selloff represents a good entry point for investors. Goldman Sachs Earnings Overview Goldman Sachs saw a decline in net revenue in the fourth quarter. Quarterly net revenue came in at $13.45 billion, which was $1.7 billion lower than the previous quarter and more than $400 million lower than the fourth quarter of 2024. The cause of the decline was a $2.26 billion write-down in the company’s credit card portfolio , which was predicated on the transition of credit card loans to another issuer . Company Financials Had this one-time, noncash write-off not occurred, net revenues would have been closer to $16 billion for the quarter, which would have been $2 billion higher than the fourth quarter of 2024. Nonetheless, even with the transaction, net revenues on a trailing twelve-month basis nudged down by less than 1% to just under $58.3 billion. Company Financials Despite the credit card write-off, net earnings for Goldman Sachs were able to grow. For the fourth quarter, net earnings came in at $4.6 billion, which was $500 million higher than in the fourth quarter a year ago. Net earnings tend to be a little more volatile on a quarterly basis, therefore analyzing them on a trailing twelve-month basis gives investors a better picture. When taking the trailing twelve months into account, net earnings grew for the ninth consecutive quarter to nearly $17. 2 billion. Company Financials Company Financials Global Banking Remains the Earnings Driver The global banking division continues to be the earnings driver for Goldman Sachs. While the division’s overall contrib...
Luis Alvarez Stock index futures pared some gains on Monday as Iran refuted U.S. President Donald Trump's claims of talks between the two countries. Here are the four stocks to watch on the day: Apple ( AAPL ) rose 1.5% in premarket trading after Morgan Stanley highlighted “sustained” iPhone strength and “record” upgrade rates. The firm’s late-2025 AlphaWise Global Smartphone Survey showed blended...
Luis Alvarez Stock index futures pared some gains on Monday as Iran refuted U.S. President Donald Trump's claims of talks between the two countries. Here are the four stocks to watch on the day: Apple ( AAPL ) rose 1.5% in premarket trading after Morgan Stanley highlighted “sustained” iPhone strength and “record” upgrade rates. The firm’s late-2025 AlphaWise Global Smartphone Survey showed blended iPhone upgrade rates reached 37%, up 2 percentage points year-over-year, with China's upgrade rates hitting all-time highs. Berkshire Hathaway ( BRK.A ) ( BRK.B ) gained 0.53% in premarket trade following the announcement that the conglomerate plans to invest JPY 287.4 billion (approximately $1.8 billion) in the Japanese insurance firm Tokio Marine Holdings. The investment will be made through Berkshire’s reinsurance unit, National Indemnity Company, which will initially acquire a roughly 2.5% stake in the insurer through the disposition of treasury stock held by Tokio Marine. Core Scientific ( CORZ ) advanced 1.07% in premarket trading after the company closed an additional $500 million commitment from JPMorgan Chase Bank under the accordion feature of its previously announced 364-day credit facility. The move brings total funded commitments under the facility to $1 billion, including a prior $500 million commitment from Morgan Stanley, with borrowings bearing interest at SOFR plus 250 basis points. Palantir ( PLTR ) climbed 1.55% in premarket trade after Deputy Secretary of Defense Steve Feinberg said in a letter to Pentagon leaders that Palantir’s Maven AI system will become an official program of record. In the March 9 letter, Feinberg stated that embedding Palantir’s Maven Smart System would provide warfighters “with the latest tools necessary to detect, deter, and dominate our adversaries in all domains.” More on related stories Palantir: Probably The Most Consequential AI Company In Our Dangerous World Berkshire's Abel Shows Actions Speak Louder Than Words, But The ...
Luis Alvarez Stock index futures pared some gains on Monday as Iran refuted U.S. President Donald Trump's claims of talks between the two countries. Here are the four stocks to watch on the day: Apple ( AAPL ) rose 1.5% in premarket trading after Morgan Stanley highlighted “sustained” iPhone strength and “record” upgrade rates. The firm’s late-2025 AlphaWise Global Smartphone Survey showed blended...
Luis Alvarez Stock index futures pared some gains on Monday as Iran refuted U.S. President Donald Trump's claims of talks between the two countries. Here are the four stocks to watch on the day: Apple ( AAPL ) rose 1.5% in premarket trading after Morgan Stanley highlighted “sustained” iPhone strength and “record” upgrade rates. The firm’s late-2025 AlphaWise Global Smartphone Survey showed blended iPhone upgrade rates reached 37%, up 2 percentage points year-over-year, with China's upgrade rates hitting all-time highs. Berkshire Hathaway ( BRK.A ) ( BRK.B ) gained 0.53% in premarket trade following the announcement that the conglomerate plans to invest JPY 287.4 billion (approximately $1.8 billion) in the Japanese insurance firm Tokio Marine Holdings. The investment will be made through Berkshire’s reinsurance unit, National Indemnity Company, which will initially acquire a roughly 2.5% stake in the insurer through the disposition of treasury stock held by Tokio Marine. Core Scientific ( CORZ ) advanced 1.07% in premarket trading after the company closed an additional $500 million commitment from JPMorgan Chase Bank under the accordion feature of its previously announced 364-day credit facility. The move brings total funded commitments under the facility to $1 billion, including a prior $500 million commitment from Morgan Stanley, with borrowings bearing interest at SOFR plus 250 basis points. Palantir ( PLTR ) climbed 1.55% in premarket trade after Deputy Secretary of Defense Steve Feinberg said in a letter to Pentagon leaders that Palantir’s Maven AI system will become an official program of record. In the March 9 letter, Feinberg stated that embedding Palantir’s Maven Smart System would provide warfighters “with the latest tools necessary to detect, deter, and dominate our adversaries in all domains.” More on related stories Palantir: Probably The Most Consequential AI Company In Our Dangerous World Berkshire's Abel Shows Actions Speak Louder Than Words, But The ...