The world is bracing for an aluminium supply shock after two major Middle Eastern smelters were damaged in Iranian attacks over the weekend, a disruption likely to push more production to China in the near term and potentially for years to come, analysts said. Emirates Global Aluminium (EGA), a leading regional producer, reported “significant damage” at its Abu Dhabi site following strikes by Iran...
The world is bracing for an aluminium supply shock after two major Middle Eastern smelters were damaged in Iranian attacks over the weekend, a disruption likely to push more production to China in the near term and potentially for years to come, analysts said. Emirates Global Aluminium (EGA), a leading regional producer, reported “significant damage” at its Abu Dhabi site following strikes by Iranian missiles and drones, while Aluminium Bahrain said it was assessing the extent of damage at its...
The expansion of this summer’s 48-team tournament mean Tuesday’s games will be the best we see until the round of 16 Sign up for Soccer with Jonathan Wilson here Live in a World Cup host city? Tell us your stories There is always a slightly odd rhythm to the World Cup. The final round of qualifying games is almost invariably more exciting than the early games at the tournament itself, and now with...
The expansion of this summer’s 48-team tournament mean Tuesday’s games will be the best we see until the round of 16 Sign up for Soccer with Jonathan Wilson here Live in a World Cup host city? Tell us your stories There is always a slightly odd rhythm to the World Cup. The final round of qualifying games is almost invariably more exciting than the early games at the tournament itself, and now with 32 teams making it through the group stage and into the knockout rounds, that is likely to be even more true for the 2026 edition. Those final qualifiers in November were thrilling and meaningful – Troy Parrott’s hat-trick ! Scotland scoring two absurdly good goals in the same game! DR Congo beating Nigeria on penalties as bottles rained down from the stands! Honduras failing to score against Costa Rica! – and Tuesday will be too as 12 teams battle for the six remaining slots. But for those not involved in World Cup playoffs, there is an unsatisfying phoniness to the friendlies they must play instead, with experimental line-ups and weary players going through glorified training exercises. While it’s never good to be letting in five goals, neither the USA nor Ghana should be too concerned about the defeats to Belgium or Austria. Continue reading...
EschCollection/DigitalVision via Getty Images Introduction In my view, Jack Henry & Associates, Inc. ( JKHY ) today is not a growth story anymore; it's becoming a stable infrastructure company whose current valuation already reflects quality, though it doesn't leave much room for further growth. Jack Henry & Associates is currently demonstrating solid operational momentum, which is backed by the 2...
EschCollection/DigitalVision via Getty Images Introduction In my view, Jack Henry & Associates, Inc. ( JKHY ) today is not a growth story anymore; it's becoming a stable infrastructure company whose current valuation already reflects quality, though it doesn't leave much room for further growth. Jack Henry & Associates is currently demonstrating solid operational momentum, which is backed by the 2026 Q2 results. The company’s revenues reached $619.3 million, which is 7.9% growth compared to last year, and the earnings per share jumped 28.6% to $1.72. The most important achievement is the operating margin expansion to 25.7%, compared to 21.4% last year, achieved due to strict cost savings control and higher deconversion tax revenues. Even though the company increased the full-year 2026 EPS forecast to the $6.61-6.72 range, investors need to value JKHY through a consistent growth prism: the expected revenue growth is reaching around 6%. The current P/E ratio is around 24, which is lower than the recorded P/E of around 31 at the end of 2024, though it still remains higher than the diversified financial services sector average of 17.6. The cloud services segment , making up 33% of the revenues, grew 8%, which shows a successful client migration, though the bank sector's consolidation in the US remains a structural risk, which could limit the number of new contracts in the long term. The payment segment , which is generating 37.5% of revenues, also had a growth of 8%, where volume growth is rapid in the instant payments area (Zelle, RTP, FedNow). The debt level was significantly reduced to $20 million, compared to $150 million last year, which strengthened the balance sheet and decreased interest costs. P/B ratio is at 5.00, which suggests a high market premium for the company's intellectual property and stable cash flows. A 1.55% dividend yield and 35% payout ratio show a sustainable but conservative capital return policy, which is oriented to technological renewal rath...
The International Monetary Fund warned that the US-Israeli war against Iran threatens a “global, yet asymmetric” shock, dimming the outlook for economies that were just recovering from previous crises. Countries in Africa and Asia that are heavily dependent on oil imports are already finding it increasingly hard to access needed supplies, “even at inflated prices,” the world’s financial firefighte...
The International Monetary Fund warned that the US-Israeli war against Iran threatens a “global, yet asymmetric” shock, dimming the outlook for economies that were just recovering from previous crises. Countries in Africa and Asia that are heavily dependent on oil imports are already finding it increasingly hard to access needed supplies, “even at inflated prices,” the world’s financial firefighter said in a blog post published on Monday. “All roads lead to higher prices and slower growth,” the IMF said. The ultimate impact on supply chains and infrastructure will depend on whether the conflict proves a short or long one, the fund said, adding that “the world may settle somewhere in between — tensions linger, energy stays costly, and inflation proves hard to tame — with ongoing uncertainty and geopolitical risk.” Brent crude surged toward $115 a barrel in Monday trading, on track for a record monthly increase, as US troops arrive in the region. President Donald Trump repeated his threats to destroy Iranian energy assets if the Strait of Hormuz isn’t reopened soon, raising fears of a further escalation in the war that started on Feb. 28 when the US and Israel attacked Iran. Read more: IMF Runs Scenarios on Which Nations May Need Aid Due to War (1) Beyond the energy disruption, higher food and fertilizer prices are affecting some countries from the Middle East to Latin America, with low-income economies at risk of food insecurity, the IMF warned. The interruption of crop-nutrient supplies from the Gulf comes just as planting season begins in the northern hemisphere, threatening harvests through the year. People in low‑income countries are most at risk when food prices rise because it accounts for about 36% of their consumption on average, compared with 20% in emerging market-economies and 9% in advanced economies,” the IMF said in its post, written by economists including Tobias Adrian and Jihad Azour. “That makes any spike in fertilizer and food prices not just an ec...
You've been saving in your retirement account for decades, and even though you're now starting to take money out, it might not be fast enough for the federal government that's waiting for its cut of your savings. Once you turn 73, you have to start taking mandatory annual withdrawals, known as required minimum distributions (RMDs) , from most retirement accounts. Unfortunately, if you don't need t...
You've been saving in your retirement account for decades, and even though you're now starting to take money out, it might not be fast enough for the federal government that's waiting for its cut of your savings. Once you turn 73, you have to start taking mandatory annual withdrawals, known as required minimum distributions (RMDs) , from most retirement accounts. Unfortunately, if you don't need the money, that could drive up your tax bill. If you'd like to avoid that, try the three steps listed below. Image source: Getty Images. Continue reading
QT Imaging ( QTI ) filed $100M mixed securities shelf. The prospectus is not an offer to sell. Filing More on QT Imaging Holdings QT Imaging Holdings GAAP EPS of -$0.10, revenue of $8.28M; reaffirms FY26 outlook QT Imaging Holdings Preliminary GAAP EPS of -$0.10, revenue of $8.3M Seeking Alpha’s Quant Rating on QT Imaging Holdings Historical earnings data for QT Imaging Holdings Financial informat...
QT Imaging ( QTI ) filed $100M mixed securities shelf. The prospectus is not an offer to sell. Filing More on QT Imaging Holdings QT Imaging Holdings GAAP EPS of -$0.10, revenue of $8.28M; reaffirms FY26 outlook QT Imaging Holdings Preliminary GAAP EPS of -$0.10, revenue of $8.3M Seeking Alpha’s Quant Rating on QT Imaging Holdings Historical earnings data for QT Imaging Holdings Financial information for QT Imaging Holdings
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core S&P Small-Cap ETF, where 20,750,000 units were destroyed, or a 2.7% decrease week over week. Among the largest underlying
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core S&P Small-Cap ETF, where 20,750,000 units were destroyed, or a 2.7% decrease week over week. Among the largest underlying
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR Bloomberg 1-3 Month T-Bill ETF, which added 39,335,497 units, or a 7.8% increase week over week. And on a percentage change basis, the ETF
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the SPDR Bloomberg 1-3 Month T-Bill ETF, which added 39,335,497 units, or a 7.8% increase week over week. And on a percentage change basis, the ETF
TH International ( THCH ) filed $30M mixed securities shelf. The prospectus is not an offer to sell. Filing More on TH International Financial information for TH International
TH International ( THCH ) filed $30M mixed securities shelf. The prospectus is not an offer to sell. Filing More on TH International Financial information for TH International
The North Atlantic Treaty Organization intercepted an Iranian missile over Turkey on Monday, the Turkish Defense Ministry said in a statement, eliminating a fourth such threat against the country in less than a month. “A ballistic munition, determined to have been launched from Iran and to have entered into Turkish airspace, has been neutralized by NATO air and missile defense assets deployed in t...
The North Atlantic Treaty Organization intercepted an Iranian missile over Turkey on Monday, the Turkish Defense Ministry said in a statement, eliminating a fourth such threat against the country in less than a month. “A ballistic munition, determined to have been launched from Iran and to have entered into Turkish airspace, has been neutralized by NATO air and missile defense assets deployed in the Eastern Mediterranean,” the ministry said, without disclosing the location of the incident. The first interception occurred on March 4, when NATO shot down a missile fired toward an unknown target. Iran has previously denied firing any missiles toward Turkey whereas the Turkish government has said it has evidence the missiles originated from Iran. NATO deployed two extra Patriot missile-defense systems to Turkey after the previous interceptions. Past missiles fired from Iran are believed to have targeted an advanced early-warning radar system in eastern Turkey as well as Incirlik Air Base in southern Turkey, which hosts NATO forces including hundreds of US personnel. Read More: Iran Tests NATO’s Boundaries With Missiles Fired at Turkey The Defense Ministry said that Turkey was decisively taking all necessary measures “without hesitation against any threat directed at our country’s territory and airspace.” Ankara has previously cautioned Tehran against targeting its soil and expanding the scope of the conflict. Ankara does not allow its airspace or bases to be used for attacks against Iran.
The world’s ultra-rich, including Mark Zuckerberg, Jeff Bezos, and Larry Ellison, have seen their net worths slide by $30 billion each—fueled by a stock market skepticism of AI and unrelenting tensions in the Middle East.
The world’s ultra-rich, including Mark Zuckerberg, Jeff Bezos, and Larry Ellison, have seen their net worths slide by $30 billion each—fueled by a stock market skepticism of AI and unrelenting tensions in the Middle East.