Brendon McCullum retains the support of the England and Wales Cricket Board management and is poised to stay on as head coach after the conclusion of a review triggered by England’s Ashes defeat. McCullum is returning to New Zealand after Thursday’s narrow seven-run defeat by India in a thrilling T20 World Cup semi-final in Mumbai, but will hold further talks with the ECB over the next few weeks b...
Brendon McCullum retains the support of the England and Wales Cricket Board management and is poised to stay on as head coach after the conclusion of a review triggered by England’s Ashes defeat. McCullum is returning to New Zealand after Thursday’s narrow seven-run defeat by India in a thrilling T20 World Cup semi-final in Mumbai, but will hold further talks with the ECB over the next few weeks before an announcement on his future. McCullum was under pressure after England’s 4-1 defeat in Australia on a disastrous tour that was also marred by off-field controversies and player indiscipline, but is believed to have convinced the ECB he remains the right man for the job as a result of performances and attitude shown by the white-ball team in India. England won six of their eight World Cup games and five of six matches on the tour to Sri Lanka that preceded it, showing fighting spirit to come through tight contests against Pakistan and New Zealand. McCullum is said to have led a cultural change within the dressing room in a belated acknowledgment that they were too relaxed in Australia, with the players often practising until late in the evening and observing a midnight curfew that was introduced before the Sri Lanka tour. Several sources have told the Guardian they noticed a conspicuous change in the environment around the team since the Ashes. McCullum is under contract with the ECB until the 50-over World Cup in South Africa in the autumn of 2027, which is preceded by a home Ashes series, with the executive believed to be of the opinion that England’s best chance of regaining the urn is to back the existing leadership team. The managing director of men’s cricket, Rob Key, is also expected to stay on, and is believed to have provided his own endorsement of McCullum, whom he appointed as Test coach four years ago before adding the white-ball teams to his portfolio after sacking Matthew Mott in 2024. View image in fullscreen England’s T20 World Cup campaign ended with...
TSMC has secured environmental approval for a new mega factory in the Southern Taiwan Science Park. The company plans to accelerate construction to address surging global demand for AI related chips. The facility is intended to add significant capacity for advanced semiconductor manufacturing. Taiwan Semiconductor Manufacturing, NYSE:TSM, is moving quickly to expand its production footprint at a t...
TSMC has secured environmental approval for a new mega factory in the Southern Taiwan Science Park. The company plans to accelerate construction to address surging global demand for AI related chips. The facility is intended to add significant capacity for advanced semiconductor manufacturing. Taiwan Semiconductor Manufacturing, NYSE:TSM, is moving quickly to expand its production footprint at a time when demand for AI hardware is front and center for the chip industry. The stock last closed at $353.86, with a 10.7% gain year to date and a 103.3% return over the past year. Over a 3 year period, the return is described as very large, and the 5 year return stands at 213.3%. For investors watching the broader AI supply chain, this fast tracked facility signals that TSMC is planning for heavier, longer term chip demand tied to AI computing. The decision to push ahead at scale could influence where future capacity, pricing power, and supply security sit across global semiconductor and AI hardware ecosystems. Stay updated on the most important news stories for by adding it to your or . Alternatively, explore our to discover new perspectives on Taiwan Semiconductor Manufacturing. NYSE:TSM Earnings & Revenue Growth as at Mar 2026 This new Southern Taiwan Science Park mega factory is TSMC doubling down on high-performance computing and AI-related chips at a time when demand signals are front and center for the industry. For you as an investor, the key takeaway is that TSMC is planning for materially higher AI workloads over the next few years, not just a short spike in orders. Passing the environmental review and moving quickly into construction reduces one regulatory overhang and helps lock in future capacity that large customers like Nvidia, AMD and Apple typically look for when they commit long-term programs. The Risks and Rewards Investors Should Consider ⚠️ Concentrating even more advanced capacity in Taiwan keeps TSMC exposed to geopolitical and supply-chain risks that...
"We used a random number selector to choose 50 numbers and then used these to select each family listed in the ballot, and by mid morning on Friday we were pleased to email the lucky applicants to let them know they had been successful."
"We used a random number selector to choose 50 numbers and then used these to select each family listed in the ballot, and by mid morning on Friday we were pleased to email the lucky applicants to let them know they had been successful."
SweetBunFactory/iStock via Getty Images BE Semiconductor's ( BESIY ) shares plunged more than 15% on Friday morning after a report emerged that artificial intelligence chip makers are considering a slowdown in the adoption of hybrid bonding, according to the Wall Street Journal . BE, which also goes by Besi, is a Dutch manufacturer of chip packaging and assembly equipment. It is an industry leader...
SweetBunFactory/iStock via Getty Images BE Semiconductor's ( BESIY ) shares plunged more than 15% on Friday morning after a report emerged that artificial intelligence chip makers are considering a slowdown in the adoption of hybrid bonding, according to the Wall Street Journal . BE, which also goes by Besi, is a Dutch manufacturer of chip packaging and assembly equipment. It is an industry leader in advanced hybrid bonding, a packaging technology that creates direct, molecular-level connections between chips without the use of soldering bumps. The Joint Electron Device Engineering Council, whose members include the gamut of big tech companies such as Advanced Micro Devices ( AMD ), Micron Technology ( MU ), and Nvidia ( NVDA ), is considering easing the standards of thickness for AI memory chips, according to ZDNet . This move would delay the adoption of hybrid bonding, allowing chipmakers to continue using traditional thermal compression bonding, which utilizes soldering, according to the report . The technology is less expensive and would allow Besi's peers time to perfect the hybrid bonding technique. Besi provides its equipment for a wide range of chipmakers, such as Taiwan Semiconductor Manufacturing ( TSM ), Intel ( INTC ), Samsung ( SSNLF ), and Micron. The company also partners with Applied Materials ( AMAT ) on its hybrid bonding tech. "We view this as a strategic, long-term investment that demonstrates Applied Materials' commitment to co-developing the industry's most capable hybrid bonding solution, a technology that is becoming increasingly important to the advanced logic and memory chips at the foundation of AI," said Terry Lee, Corporate Vice President and General Manager, Heterogeneous Integration and Packaging at Applied Materials. Applied Materials was down 4% during early market trading on Friday. More on BE Semiconductor and Applied Materials BE Semiconductor Industries: Fundamentals Tracking In The Right Direction Applied Materials, Inc. (AMAT) ...
Brunswick Exploration ( BRWXF ) on Friday said it has increased the maximum gross proceeds of its non-brokered private placement from $4M to $5.5M. The upsized offering now consists of the sale of up to 22M units of the corporation at a price of $0.25 per unit. Each unit will consist of one common share of the corporation and one half of one common share purchase warrant. Each warrant will entitle...
Brunswick Exploration ( BRWXF ) on Friday said it has increased the maximum gross proceeds of its non-brokered private placement from $4M to $5.5M. The upsized offering now consists of the sale of up to 22M units of the corporation at a price of $0.25 per unit. Each unit will consist of one common share of the corporation and one half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share of the corporation at a price of $0.35 at any time for a period of 36 months following the closing date. The offering is expected to close on or about March 18, 2026. Source: Press Release More on Brunswick Exploration Inc. Seeking Alpha’s Quant Rating on Brunswick Exploration Inc. Financial information for Brunswick Exploration Inc.
imaginima/E+ via Getty Images Oil’s recent surge following tensions in the Middle East is unlikely to derail the global economy, though it could temporarily lift inflation and delay interest-rate cuts, according to TS Lombard strategist Dario Perkins. Crude prices have risen about 20% since mid-February after the conflict escalated, pushing up energy costs worldwide. While significant, the move is...
imaginima/E+ via Getty Images Oil’s recent surge following tensions in the Middle East is unlikely to derail the global economy, though it could temporarily lift inflation and delay interest-rate cuts, according to TS Lombard strategist Dario Perkins. Crude prices have risen about 20% since mid-February after the conflict escalated, pushing up energy costs worldwide. While significant, the move is modest compared with historic shocks such as the 1970s oil crisis and is expected to add roughly 0.5 percentage points to U.S. inflation if sustained. Higher energy prices typically squeeze consumers by reducing disposable income and weighing on spending while also raising uncertainty for businesses and potentially dampening hiring and investment. However, economists say the global economy is less vulnerable to oil shocks than in previous decades because energy accounts for a smaller share of economic activity. The impact could be uneven across regions. Europe, which is more dependent on imported liquefied natural gas, faces a larger inflation shock than the United States, while the U.S. may partially benefit from its position as a net energy exporter. Alongside geopolitical risks, investors are also grappling with uncertainty around artificial intelligence. Concerns have shifted from whether U.S. tech firms are overinvesting in AI infrastructure to fears that rapid technological disruption could threaten jobs and reshape industries. Perkins argues those worries may be premature, noting there is little evidence so far that AI is significantly boosting productivity or reducing employment in macroeconomic data. For now, economists view both the oil shock and the AI debate as manageable risks, with the broader economic outlook still dependent largely on how quickly tensions in the Middle East ease. More on Oil $150 Oil - This Is What It Would Take Middle East Escalation Rattles Energy Markets Commodities: The U.S. Scrambles To Rein In Oil Prices How high can oil rise this yea...
Russia Giving Iran Targeting Intelligence Of American Warships, Aircraft: US Officials The Trump-ordered US-Israeli attack on Iran is continuing to create an array of 'unknowns' while steadily drawing in outside powers, with the most significant Friday development being The Washington Post reporting that Russia has been providing Iran with intelligence on the locations of US military assets in the...
Russia Giving Iran Targeting Intelligence Of American Warships, Aircraft: US Officials The Trump-ordered US-Israeli attack on Iran is continuing to create an array of 'unknowns' while steadily drawing in outside powers, with the most significant Friday development being The Washington Post reporting that Russia has been providing Iran with intelligence on the locations of US military assets in the Middle East , including warships and aircraft . US officials described the effort as "a pretty comprehensive effort" by Moscow, though the accuracy of the intelligence remains unclear - the paper admits. What follows is the money quote : "Russia is providing Iran with targeting information to attack American forces in the Middle East, the first indication that another major US adversary is participating – even indirectly – in the war , according to three officials familiar with the intelligence." Russian Foreign Ministry image/Flickr The report cites three officials familiar with the intelligence, who spoke about the support on condition of anonymity due to the sensitivity of the issue. "The targeting information has included the locations of American warships and aircraft in the Middle East, the officials said," WaPo writes. A couple of contextual issues: it remains that the 'fog of war' and propaganda is very heavy - and so such allegations especially from an ultra-heart-of-the-establishment D.C. beltway publication should be treated with caution and skepticism. It is meant to keep pressure and scrutiny on Moscow at a moment the world's attention is wholly fixated on the Iran theatre. However, it also makes perfect sense that Moscow would support a remaining Middle East ally (after the fall of Assad in Syria), given that Russia and Iran signed a strategic partnership agreement earlier this year expanding military and defense cooperation. Despite that, Hegseth said earlier in the week that Russia is "not really a factor" in the conflict . If the report is accurate, what m...
Key Points Acquired 135,000 shares of Celcuity; estimated trade size of $11.10 million based on quarterly average pricing Quarter-end position value rose by $18.00 million, reflecting both trading and price appreciation Trade represented a 2.4% increase relative to Boxer Capital’s reportable AUM Post-trade, Boxer Capital held 225,000 Celcuity shares valued at $22.44 million Celcuity now accounts f...
Key Points Acquired 135,000 shares of Celcuity; estimated trade size of $11.10 million based on quarterly average pricing Quarter-end position value rose by $18.00 million, reflecting both trading and price appreciation Trade represented a 2.4% increase relative to Boxer Capital’s reportable AUM Post-trade, Boxer Capital held 225,000 Celcuity shares valued at $22.44 million Celcuity now accounts for 4.9% of AUM, outside Boxer Capital’s top five holdings 10 stocks we like better than Celcuity › On February 17, 2026, Boxer Capital Management, LLC disclosed a buy of 135,000 shares of Celcuity (NASDAQ:CELC), an estimated $11.10 million trade based on quarterly average pricing. What Happened According to a February 17, 2026, SEC filing, Boxer Capital Management, LLC increased its stake in Celcuity by 135,000 shares during the fourth quarter of 2025. The estimated transaction value was $11.10 million based on the average closing price for the period. As of December 31, 2025, the position’s reported value was $22.44 million, up $18.00 million from the prior quarter due to both trading activity and price changes. What Else to Know Boxer Capital added to its Celcuity position, which now represents 4.9% of the fund’s 13F reportable assets. Top holdings after the filing: NASDAQ:TNGX: $96.36 million (21.1% of AUM) NASDAQ:RVMD: $31.86 million (7.0% of AUM) NASDAQ:KOD: $31.76 million (7.0% of AUM) NASDAQ:KYMR: $25.61 million (5.6% of AUM) NASDAQ: CELC: $22.44 million (4.9% of AUM) As of February 17, 2026, Celcuity shares were priced at $107.32, up 741.1% over the past year, outperforming the S&P 500 by 721.3 percentage points. Company Overview Metric Value Price (as of market close February 17, 2026) $107.32 Market capitalization $4.97 billion Net income (TTM) ($162.72 million) One-year price change 741.1% Company Snapshot Celcuity develops molecularly targeted therapies for cancer, with key products including the CELsignia diagnostic platform and the investigational drug Gedatol...
Enes Simsek/iStock via Getty Images Investment Thesis I recommend buying the Select STOXX Europe Aerospace & Defense (BATS: EUAD ) ETF. This is my first article about companies in the European aerospace and defense sector; however, I have two investment theses in State Street SPDR S&P Aerospace & Defense (NYSEARCA: XAR ), an American defense ETF. In this article, my objective is to answer a very p...
Enes Simsek/iStock via Getty Images Investment Thesis I recommend buying the Select STOXX Europe Aerospace & Defense (BATS: EUAD ) ETF. This is my first article about companies in the European aerospace and defense sector; however, I have two investment theses in State Street SPDR S&P Aerospace & Defense (NYSEARCA: XAR ), an American defense ETF. In this article, my objective is to answer a very pertinent question from a follower. Let's take a closer look at ETFs. The dynamics behind the thesis, the perspectives, and the valuation. Context Recently a follower asked me a very pertinent question. He analyzed my articles about XAR, a defense ETF, and asked me if there were other options for investing in this topic, as he believed that the companies in that ETF were already well priced. In this article I will answer this follower's question, and without further ado, there is a defense ETF that has even greater potential than XAR. The dilemma is that the investor will have to take more risk if they choose it. Select STOXX Europe Aerospace & Defense ETF The asset in question is the Select STOXX Europe Aerospace & Defense ETF, and as you can deduce, this is a European defense and security ETF. But before going into more detail about this asset, it is interesting to note that we also have the WDEF pair, which even has a more attractive expense ratio. However, due to its robustness, longer history, and attractive expense ratio, my option in this segment of European defense companies is EUAD. Comparison (SA) Well, as we can see above, EUAD has $1.47 billion in assets under management and an expense ratio of 0.50%. This asset is quite bold; its composition has only 14 holdings, and the three main holdings represent 53.1% of the total. Top 10 Holdings (SA) The EUAD is designed to track the performance of the STOXX Europe Total Market Aerospace & Defense Index . This index tracks European stocks related to the aerospace and defense segments. Why a European Defense ETF? I imagine...
Qatar appears to have loaded its first liquefied natural gas cargo after the widening conflict in the Middle East forced it to halt fuel production and declare an unprecedented force majeure to buyers. The Lebrethah tanker departed from the LNG export complex on Friday, and its draft level increased suggesting a cargo on board, according to ship-tracking data compiled by Bloomberg. The vessel is s...
Qatar appears to have loaded its first liquefied natural gas cargo after the widening conflict in the Middle East forced it to halt fuel production and declare an unprecedented force majeure to buyers. The Lebrethah tanker departed from the LNG export complex on Friday, and its draft level increased suggesting a cargo on board, according to ship-tracking data compiled by Bloomberg. The vessel is signaling Bangladesh as its next destination, with an estimated arrival on March 14. Yet the trip still depends on navigation in the crucial Strait of Hormuz, which is effectively closed for commercial ships given continued hostilities in the region. The tanker may serve as a storage until the route is open. Read Also: Sanctioned LNG Shipment Turns to Fake Loading to Disguise Cargo Earlier this week, Qatar shut the world’s biggest LNG export plant, Ras Laffan, following an Iranian drone assault. Even before that, Hormuz was all but ground to a halt, with the route normally accounting for about a fifth of the world’s LNG supplies. A spokesperson for QatarEnergy did not immediately respond for comment on the loading or destination. LNG can be loaded from an export facility after production is shut down as some fuel is stored in tanks. Shipping data shows some cargoes were loaded since the weekend, but those vessels — still stuck near the complex — departed on March 2, before the official announcement of the force majeure.
In this article STLA Follow your favorite stocks CREATE FREE ACCOUNT Tankers are seen off the coast of the Fujairah, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 3, 2026. Amr Alfiky | Reuters DETROIT — Toyota Motor , Hyundai Motor and Chinese automakers such as Chery face the most potential impact of non-domestic auto...
In this article STLA Follow your favorite stocks CREATE FREE ACCOUNT Tankers are seen off the coast of the Fujairah, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 3, 2026. Amr Alfiky | Reuters DETROIT — Toyota Motor , Hyundai Motor and Chinese automakers such as Chery face the most potential impact of non-domestic automakers from the U.S.-Israel war with Iran , according to an analysis by Bernstein. Those international automakers account for roughly a third of sales in the Middle East, according to the report, led by Toyota at 17%, Hyundai at 10% and Chery at 5%. In Iran specifically, Bernstein reports Iranian automakers Iran Khodro and SAIPA lead, followed by Chery with a 6% market share. Other Chinese carmakers also are expected to be impacted, as the Middle East has become a growing destination for Chinese auto exports. Bernstein, citing China export data, said the region accounted for about 17% of China's passenger vehicle exports in 2025. The Bernstein report notes that while sales in the region will be impacted, the closing of the Strait of Hormuz , which links the Persian Gulf to the Gulf of Oman and the Indian Ocean, and rising oil prices will have ripple effects across the global automotive industry. "Closure of the Strait of Hormuz adds 10-14 days to transit times," Bernstein analyst Eunice Lee said in a Wednesday investor note, adding "a prolonged conflict and closure of the strait would hurt sales, increase logistics costs, and delay deliveries." watch now VIDEO 4:14 04:14 Julian Emanuel: Gasoline near $4 a gallon becomes an economic tipping point Worldwide Exchange Roughly 20 million barrels of crude oil travel through the strait every day, according to consulting firm AlixPartners. It's also a "critical passage" for vehicle and parts shipments to the Middle East, Bernstein noted. Bernstein said any effect on Japanese automakers "appears limited for now, but close monitoring...
Millions of older Americans rely on Social Security benefits to help them fund their retirement. Unfortunately, many seniors who are 65 and over and who are collecting retirement benefits faced a big hit this year. It’s a hit that finance guru Suze Orman warned about in December of 2025. Her warning has now become reality, ... Suze Orman’s Medicare Warning Is Hitting Retirees’ Social Security Chec...
Millions of older Americans rely on Social Security benefits to help them fund their retirement. Unfortunately, many seniors who are 65 and over and who are collecting retirement benefits faced a big hit this year. It’s a hit that finance guru Suze Orman warned about in December of 2025. Her warning has now become reality, ... Suze Orman’s Medicare Warning Is Hitting Retirees’ Social Security Checks
There have been few undeniable successes as the dust settles on England's winter. Will Jacks, maybe, given his role in the run to the semi-final of the T20 World Cup in India and Sri Lanka. Josh Tongue? He was England's standout bowler in the Ashes, though only played one Test while the series was alive. There is no doubt about one, however. Jacob Bethell's sensational century against India in Mum...
There have been few undeniable successes as the dust settles on England's winter. Will Jacks, maybe, given his role in the run to the semi-final of the T20 World Cup in India and Sri Lanka. Josh Tongue? He was England's standout bowler in the Ashes, though only played one Test while the series was alive. There is no doubt about one, however. Jacob Bethell's sensational century against India in Mumbai on Thursday may have come in a losing cause but it only confirmed the 22-year-old is England's future. At the start of September he did not have a century in any form of professional cricket but now he has three, one in each of the formats and all of them at international level. His captain Harry Brook completed the set with his hundred against Pakistan in the Super 8s phase, while Dawid Malan and Jos Buttler are the other Englishmen to have done it before. Bethell is the youngest to get there by a distance. "Me and Brooky were joking about who was going to be the first to get all three between us," Bethell said. "He was like 'You're batting at three so it's got to be you' and then took my spot at three and did it. "Both of us can sit back and be very proud of ourselves but at the end of the day his came in a winning cause and mine in a losing cause. "He'll always have that up on me but it's been special."
I don't envy the Federal Reserve's job. The U.S. economy lost 92,000 jobs in February , a shocking figure considering a Dow Jones consensus called for a gain of 50,000. The unemployment rate also rose to 4.4%, while economists expected the figure to stay at 4.3%. Against such backdrops, the Fed would normally start setting the stage for easier monetary policy. Expectations for a June rate cut rose...
I don't envy the Federal Reserve's job. The U.S. economy lost 92,000 jobs in February , a shocking figure considering a Dow Jones consensus called for a gain of 50,000. The unemployment rate also rose to 4.4%, while economists expected the figure to stay at 4.3%. Against such backdrops, the Fed would normally start setting the stage for easier monetary policy. Expectations for a June rate cut rose to around 50% after the report, the CME Group's FedWatch tool showed. However, it's not that simple this time. The U.S. central bank also has to monitor inflation as crude prices soar with rising tensions in the Middle East. Brent crude topped $90 per barrel on Friday for the first time since April 2024. West Texas Intermediate futures also hit their highest level in nearly two years. Equity traders responded to the cloudy outlook by selling. The major U.S. stock averages fell broadly at Friday's open, adding to their week-to-date declines. Here's what investors, strategists and economists across Wall Street had to say about the report: Lindsay Rosner, head of multi sector fixed income investing at Goldman Sachs Asset Management: "Indications of labor market weakness are a reminder to the Fed that there could be a price to pay for delaying cuts, although near-term policy remains dictated by the ongoing Middle East conflict. Developments in Iran and their potential consequences on inflation have overshadowed the US employment picture to a degree, making the path forward to potential policy normalization less clear. We expect that the Fed will eventually complete the remaining two 'normalization cuts' to return rates to neutral, however the timing is up in the air given current uncertainty." Ellen Zentner, chief economic strategist for Morgan Stanley Wealth Management: "Today's numbers may have put the Fed between a rock and a hard place. Significant weakening in the labor market would support a rate cut, but given the risk that higher-for-longer oil prices could trigger ano...