RHJ/iStock via Getty Images China's government said Wednesday its export controls on certain rare earths and other minerals are legitimate and legal but will work with the U.S. on "reasonable" concerns, while also planning to speed up construction of strategic mineral reserve sites. Following President Trump's meeting in Beijing last week with China's President Xi, the Trump administration said ...
RHJ/iStock via Getty Images China's government said Wednesday its export controls on certain rare earths and other minerals are legitimate and legal but will work with the U.S. on "reasonable" concerns, while also planning to speed up construction of strategic mineral reserve sites. Following President Trump's meeting in Beijing last week with China's President Xi, the Trump administration said China agreed to address concerns around shortages of rare earths such as yttrium and scandium as well as other critical minerals. In response to questions around the White House statement, China's Ministry of Commerce said both sides had discussed the issue and would study and resolve "each other's reasonable and lawful concerns." The two statements appear to reflect a new status quo where the U.S. tacitly accepts the export restrictions, while the White House said six months ago that the restrictions would be dismantled. The new regulations reported by the Xinhua state news agency set a minimum five-year term for strategic mineral resource reserves kept at their source, with post-term reviews by State Council authorities to determine extensions or adjustments. P otentially relevant stocks include USA Rare Earth ( USAR ), MP Materials ( MP ), United States Antimony ( UAMY ), American Resources ( AREC ), Critical Metals ( CRML ), TMC the metals company ( TMC ), Trilogy Metals ( TMQ ), Ramaco Resources ( METC ), Westwater Resources ( WWR ), Nouveau Monde Graphite ( NMG ), Perpetua Resources ( PPTA ), Energy Fuels ( UUUU ), Oklo ( OKLO ), Lightbridge ( LTBR ), NioCorp Developments ( NB ), Centrus Energy ( LEU ), Denison Mines ( DNN ), Cameco ( CCJ ), Uranium Energy ( UEC ), Nuscale Power ( SMR ), Ur-Energy ( URG ), NexGen Energy ( NXE ), Nano Nuclear Energy ( NNE ), Lithium Americas ( LAC ), Albemarle ( ALB ), Sigma Lithium ( SGML ), Standard Lithium ( SLI ). ETFs: ( REMX ), ( XME ), ( LIT ), ( BATT ), ( URA ), ( NLR ), ( URNM ) More on rare earth and strategic metals R...
Thor Explorations Ltd. press release ( THX:CA ): Q1 revenue of $74.3M vs. $64M YoY. Net income came in at $46.7M vs. $34.4M last year, while EBITDA rose to $55.8M from $43.6M YoY. Gold sales fell to 15,417 oz from 22,750 oz, but the average realized gold price jumped to $4,820/oz from $2,720/oz. Cash operating cost improved to $672/oz sold vs. $711 YoY. Adjusted net cash surged to $177.9M from $24...
Thor Explorations Ltd. press release ( THX:CA ): Q1 revenue of $74.3M vs. $64M YoY. Net income came in at $46.7M vs. $34.4M last year, while EBITDA rose to $55.8M from $43.6M YoY. Gold sales fell to 15,417 oz from 22,750 oz, but the average realized gold price jumped to $4,820/oz from $2,720/oz. Cash operating cost improved to $672/oz sold vs. $711 YoY. Adjusted net cash surged to $177.9M from $24.7M YoY. FY2026 production guidance maintained at 75K–85K oz with AISC guidance of $1,000–$1,200/oz. More on Thor Explorations Ltd. Thor Explorations Ltd. (THX:CA) Q4 2025 Earnings Call Transcript Thor Explorations Ltd. 2025 Q4 - Results - Earnings Call Presentation Thor Explorations reports FY results; gives FY26 outlook Historical earnings data for Thor Explorations Ltd. Dividend scorecard for Thor Explorations Ltd.
Enphase Energy (NASDAQ:ENPH) just picked up another sell-side endorsement. Goldman Sachs raised its price target on Enphase Energy to $57 from $51 and maintained a Buy rating on the shares. The modest bump reinforces a residential solar trade that has been gaining traction since mid-May. The price target raise lands with Enphase stock trading around ... Goldman Sachs Lifts Enphase Price Target to ...
Enphase Energy (NASDAQ:ENPH) just picked up another sell-side endorsement. Goldman Sachs raised its price target on Enphase Energy to $57 from $51 and maintained a Buy rating on the shares. The modest bump reinforces a residential solar trade that has been gaining traction since mid-May. The price target raise lands with Enphase stock trading around ... Goldman Sachs Lifts Enphase Price Target to $57: Is the Residential Solar Trade Back On?
US crude inventories, including strategic reserves, plunged by a record 17.8 million barrels last week as record exports start to erode the domestic supply cushions. America as emerged as a major supplier to the world as the war in Iran leaves top buyers in Asia and Europe without access to Middle Eastern barrels. The decline in crude stockpiles brings inventories to the lowest levels in nearly a ...
US crude inventories, including strategic reserves, plunged by a record 17.8 million barrels last week as record exports start to erode the domestic supply cushions. America as emerged as a major supplier to the world as the war in Iran leaves top buyers in Asia and Europe without access to Middle Eastern barrels. The decline in crude stockpiles brings inventories to the lowest levels in nearly a year, according to data from the US Energy Information Administration.
laddawan punna/iStock via Getty Images Annualized Returns Annualized Returns Annualized Returns Returns are in USD As of March 31, 2026 1Q2026 YTD One Year Three Year Five Year Since Inception 6/1/2019 Pzena SMID Cap Value Composite — Gross 0.7% 0.7% 5.8% 7.3% 5.5% 10.6% Pzena SMID Cap Value Composite — Net 0.6% 0.6% 5.2% 6.7% 4.9% 9.9% Russell 2500® Value Index 4.8% 4.8% 25.4% 14.5% 7.6% 10.8% Cl...
laddawan punna/iStock via Getty Images Annualized Returns Annualized Returns Annualized Returns Returns are in USD As of March 31, 2026 1Q2026 YTD One Year Three Year Five Year Since Inception 6/1/2019 Pzena SMID Cap Value Composite — Gross 0.7% 0.7% 5.8% 7.3% 5.5% 10.6% Pzena SMID Cap Value Composite — Net 0.6% 0.6% 5.2% 6.7% 4.9% 9.9% Russell 2500® Value Index 4.8% 4.8% 25.4% 14.5% 7.6% 10.8% Click to enlarge Past performance does not predict future results. Periods greater than one year are annualized in USD. Returns could be impacted, positively or negatively, by currency fluctuations, where applicable. Gross rates of return are presented gross of investment management fees and net of the deduction of transaction costs. An investor's actual return will be reduced by investment management fees. Net Returns are derived using a model fee applied monthly to Gross returns. Pzena uses the highest tier fee schedule, excluding performance fees, to illustrate the impact of fees on performance returns. As product fees change, the current highest tier schedule will be in effect. U.S. equities were mixed in a volatile quarter, with sharp swings driven by tariff headlines and shifting expectations for domestic growth. Small- and mid-cap stocks posted gains and outperformed large caps, while value outperformed growth over the period. Our portfolio rose but underperformed its benchmark during the period. The top contributing sectors this quarter were basic materials, consumer staples, and energy. Auto parts retailer Advance Auto Parts ( AAP ) contributed meaningfully as the company's turnaround continued to gain traction, with better inventory management and cost control supporting margins and improving operating execution. Consumer products company Spectrum Brands ( SPB ) contributed as strength in its Global Pet Care business along with encouraging signs for its Home & Garden business offset ongoing weakness in Home Appliances and Personal Care. Chemical producer Olin ( OLN ...
imaginima/iStock via Getty Images Introduction & Investment Thesis Zeta Global (NYSE: ZETA ) recently announced that it would be expanding its partnership with OpenAI to support and manage the latter’s advertising operations. The announcement comes after strong Q1 FY26 earnings at the end of last time, where Zeta strongly beat expectations for both revenue and earnings per share while raising full...
imaginima/iStock via Getty Images Introduction & Investment Thesis Zeta Global (NYSE: ZETA ) recently announced that it would be expanding its partnership with OpenAI to support and manage the latter’s advertising operations. The announcement comes after strong Q1 FY26 earnings at the end of last time, where Zeta strongly beat expectations for both revenue and earnings per share while raising full-year FY26 guidance. In my previous post , I had said that Zeta was my top small-cap software stock pick for 2026. Unfortunately, given the volatility in the software space in 2026 so far with fears of Agentic AI disrupting SaaS business models, my thesis hasn’t played out so far, with the stock down 10% since the time of my writing, underperforming the S&P 500. However, I believe that the partnership between OpenAI and Zeta further validates the latter’s 2026 and 2028 revenue targets, as it unlocks a potentially high-volume revenue stream whereby it places its enterprise clients’ ads on OpenAI’s platform consisting of hundreds of millions of highly engaged users. This should then lead to stronger customer retention and deepening usage of Athena (trained on OpenAI’s LLMs) on the platform, which in turn translates to higher ARPU (Average Revenue Per User) and operating leverage for Zeta. Not to mention, the exclusive advertising deal with OpenAI also positions Zeta to capture market share from deeper-pocketed players like Salesforce (NYSE: CRM ), Oracle (NYSE: ORCL ), and Adobe (NASDAQ: ADBE ). While the stock gave up all of its gains yesterday post the announcement, I believe that the risk-reward continues to remain highly attractive. As a result, I will continue to reiterate my “buy” rating on the stock at current levels. Zeta’s Advertising Partnership with OpenAI Should Accelerate Top-Line Growth Zeta and OpenAI recently expanded their partnership, where Zeta would support and manage OpenAI’s advertising operations. The announcement was made by Zeta’s CEO, David Steinberg...
Fresh questions have been raised over the US and Israeli effort to depose the Iranian regime after it was claimed that Israel wanted to put the populist Mahmoud Ahmadinejad in power. Ahmadinejad’s turbulent presidency, from 2005 to 2013, was marked by incendiary attacks on Israel but he recast himself as a critic of the regime and champion of the poor after falling out with the supreme leader Ali ...
Fresh questions have been raised over the US and Israeli effort to depose the Iranian regime after it was claimed that Israel wanted to put the populist Mahmoud Ahmadinejad in power. Ahmadinejad’s turbulent presidency, from 2005 to 2013, was marked by incendiary attacks on Israel but he recast himself as a critic of the regime and champion of the poor after falling out with the supreme leader Ali Khamenei. It is claimed that Israel bombed a security building close to his Tehran home to help him escape house arrest but he became uneasy about the operation. The plans, reported by the New York Times, were widely seen as implausible or as disinformation put out by Ahmadinejad’s supporters or the Israeli intelligence services. However, the episode shows that the US and Israel overestimated opposition to the regime and their own ability to bring it down it with airstrikes. View image in fullscreen Mahmoud Ahmadinejad in Isfahan in 2009, midway through his eight years as Iran’s president. Photograph: Ebrahim Noroozi/AP Donald Trump, faced with domestic anger over rising gas prices, has been seeking to extricate himself from the conflict but is considering more airstrikes to force Tehran to meet his terms. The US president said on Monday that he had delayed a fresh attack after an intervention by Gulf leaders. But on Tuesday he held a lengthy phone call with Israel’s prime minister, Benjamin Netanyahu, which covered the potential resumption of hostilities. Asked if Israel could be stopped from attacking Iran, Trump told reporters on Wednesday: “Netanyahu will do whatever I want him to do. He’s a great guy, To me he is a great guy.” Trump said he wanted to see the strait of Hormuz opened but denied he was under pressure, adding: “I am in no hurry. Everyone says ‘oh the midterms’, I am in no hurry. Ideally I would like to see a few people killed as opposed to a lot. We can do it either way.” Tehran, which believes its stranglehold on western economies is tightening, refuses t...