With The Super Mario Bros. Movie , Nintendo entered the next phase of its plan to become a different kind of entertainment giant . Though it wasn't the company's first go at putting its iconic plumbers on the big screen, the film demonstrated that Nintendo could collaborate with partners like Illumination to produce box office hits. The first movie supercharged game sales at a time when the origin...
With The Super Mario Bros. Movie , Nintendo entered the next phase of its plan to become a different kind of entertainment giant . Though it wasn't the company's first go at putting its iconic plumbers on the big screen, the film demonstrated that Nintendo could collaborate with partners like Illumination to produce box office hits. The first movie supercharged game sales at a time when the original Switch was nearing the end of its life cycle. And with Nintendo also looking to drive interest in its theme park experiences , it was a foregone conclusion that another Mario feature was in the pipeline . The Super Mario Galaxy Movie is more of a re … Read the full story at The Verge.
Social Security benefits are meant to assist more than just aging Americans. They're also designed to support entire families, and by extension, communities. Initially created as a safety net, Social Security has become a necessity for millions, helping recipients pay their bills. While it's easy to imagine a retiree or their spouse receiving Social Security , you may be surprised to learn that ch...
Social Security benefits are meant to assist more than just aging Americans. They're also designed to support entire families, and by extension, communities. Initially created as a safety net, Social Security has become a necessity for millions, helping recipients pay their bills. While it's easy to imagine a retiree or their spouse receiving Social Security , you may be surprised to learn that children can also receive benefits, even if both parents are still alive. Here's how. Image source: Getty Images. Continue reading
Lily Kimei/iStock Editorial via Getty Images Virgin Galactic Holdings, Inc. ( SPCE ) remains a cash-hemorrhaging company as it tries to execute its ambitious plans to commercialize space travel. The thesis is quite simple: a race against time to reach the commercial phase before the cash disappears and shareholders are completely diluted. If all the cash burn (it was ~$593 million in the last two ...
Lily Kimei/iStock Editorial via Getty Images Virgin Galactic Holdings, Inc. ( SPCE ) remains a cash-hemorrhaging company as it tries to execute its ambitious plans to commercialize space travel. The thesis is quite simple: a race against time to reach the commercial phase before the cash disappears and shareholders are completely diluted. If all the cash burn (it was ~$593 million in the last two years alone) is being fully justified by milestones in order for the company to be profitable in 2028 and report revenues above $1 billion by 2030, then SPCE is a home run. Although skepticism goes hand in hand with SPCE at the moment, it seems to me that the company is well priced for failure. But some updates throughout FY25 show that 2026 may not be a worse year after all; on the contrary. Data by YCharts Despite the very delicate balance sheet and cash flow situation to sustain a "bridge" to the commercial phase, Virgin Galactic has posted an encouraging schedule where, even if bad weather happens along the way, 2026 can be a year of re-rating if milestones are delivered, looking at what should come mainly in 2027. And for this reason, I am leaning towards a contrarian bullish position on SPCE, given the asymmetry in the current levels. A Better Bridge, Still the Same Story As I pointed out in my previous article , published in September last year, roughly speaking, the SPCE thesis that had cash burn and dilution at its core remained intact. Until Q3 2025, SPCE had a cash burn of ~$70 million per quarter and a short runway of ~1 year. As a result, the dependence on equity issuance was practically the only mechanism to keep the company's operations viable. With Q4 2025 and FY25 earnings now reported, in fact, free cash flow improved from -$116.1 million to -$94.6 million YoY vs. Q4 2024, even with CapEx increasing from $35 million to $42 million in the same period. Virgin Galactic's IR As I see it, the difference was that cash from operations improved in FY25, coming in ...
The riskiest asset class is converging with one of the safest in a first-of-its-kind financial product: A Bitcoin-backed municipal bond. The New Hampshire Business Finance Authority ’s plans for such a security — which they say is unprecedented — earned a Ba2 rating from Moody’s Investors Service on Tuesday. That’s two steps below the lowest level of investment grade. A ratings action brings the n...
The riskiest asset class is converging with one of the safest in a first-of-its-kind financial product: A Bitcoin-backed municipal bond. The New Hampshire Business Finance Authority ’s plans for such a security — which they say is unprecedented — earned a Ba2 rating from Moody’s Investors Service on Tuesday. That’s two steps below the lowest level of investment grade. A ratings action brings the novel idea one step closer to reality. The New Hampshire state conduit is aiming to sell $100 million of taxable, Bitcoin-backed bonds through two series, although there is no official date yet. Bond payments will be made through proceeds from Bitcoin collateral, and bondholders will also be eligible for additional payments if the token’s price appreciates in value. On the flip side, there are provisions to liquidate the trust to pay bondholders in full if Bitcoin’s value dips below a certain threshold. “No public funds of the State of New Hampshire or any political subdivision thereof may be used to pay amounts under the rated bonds, and the issuer has no taxing power to make up any shortfall in payments,” the Moody’s report said. Wave Digital Assets LLC will be responsible for day-to-day transaction administration, and BitGo Bank & Trust will act as custodian. Bitcoin mining and data center company CleanSpark will borrow the proceeds and provide the Bitcoin collateral, from which bond payments will be made. New Hampshire Governor Kelly Ayotte voiced her approval when the conduit approved the structure in November. “I’m proud that New Hampshire is once again first in the nation to embrace new technologies with this historic Bitcoin-backed bond,” she said. “This is an innovative way to bring more investment opportunities to our state and position us as a leader in digital finance without risking state funds or taxpayer dollars.” Still, Bitcoin is notoriously volatile, down nearly 50% from its peak around $126,000 in October 2025. During that same period, an index of high-yie...
The US-Israeli war on Iran has put a new focus on the country's cryptocurrency market, which citizens and authorities have turned to for storing and sending money during turmoil. Chainalysis Inc. CEO and co-founder Jonathan Levin talks about it on Bloomberg Crypto. (Source: Bloomberg)
The US-Israeli war on Iran has put a new focus on the country's cryptocurrency market, which citizens and authorities have turned to for storing and sending money during turmoil. Chainalysis Inc. CEO and co-founder Jonathan Levin talks about it on Bloomberg Crypto. (Source: Bloomberg)
polesnoy/iStock via Getty Images Overview If anyone needed this, it was Apellis' ( APLS ) investors. They are finally getting their exit after the Syfovre safety setback (retinal vasculitis) spoiled its launch party. After a label update and a change to administration instructions, the issue, which was rare to begin with, appeared under control. But APLS never recovered. Syfovre’s image remains da...
polesnoy/iStock via Getty Images Overview If anyone needed this, it was Apellis' ( APLS ) investors. They are finally getting their exit after the Syfovre safety setback (retinal vasculitis) spoiled its launch party. After a label update and a change to administration instructions, the issue, which was rare to begin with, appeared under control. But APLS never recovered. Syfovre’s image remains damaged to some extent. And with an alternative available in Astellas’ ( ALPMF ) Izervay, Syfovre has underperformed. In my last APLS update (rating upgrade to " Buy "), I pointed out that Syfovre was gaining steam. With revenues re-accelerating amid a depressed valuation, I believed that “APLS' risk/reward profile has never been more attractive than it is now.” On Tuesday, rare-disease specialist Biogen ( BIIB ) announced that it is acquiring Apellis for $41/share ($5.6B). Given BIIB’s immediate reaction (down 4-5%) following the news, the ~140% premium has some Biogen investors "scratching their heads" alongside understandably ecstatic Apellis investors. I try to get a better idea of why Biogen was willing to pay so much for Apellis below. What Biogen Is Actually Buying Biogen is getting immediate access to two mature products (Empaveli and Syfovre) and an experienced nephrology salesforce. Apellis has had the “ears” of the transplant nephrologists, glomerular disease specialists, and academic kidney centers for years. These are the same specialists that figure to be the future prescribers of Biogen’s prized clinical asset, felzartamab. This deal is, really, more about felzartamab than anything. And explains why Biogen was willing to pay so much for a combined $689M in 2025 revenue (between Syfovre and Empaveli), roughly 8x trailing sales. Despite Syfovre’s steady performance in GA, Biogen’s CVR tied to its global net sales ($1.5B and $2B thresholds) implies that they are not yet “sold” on Syfovre’s prospects. And one can hardly blame them. A Company Still in Transition Bio...
New Spurs head coach supported Greenwood at Marseille Greenwood had charges including attempted rape dropped in 2023 The Tottenham Hotspur Supporters’ Trust has strongly criticised the appointment of Roberto De Zerbi as the club’s head coach, expressing “serious and far-reaching concerns” over his past support for Mason Greenwood. In a statement released soon after De Zerbi signed a five-year cont...
New Spurs head coach supported Greenwood at Marseille Greenwood had charges including attempted rape dropped in 2023 The Tottenham Hotspur Supporters’ Trust has strongly criticised the appointment of Roberto De Zerbi as the club’s head coach, expressing “serious and far-reaching concerns” over his past support for Mason Greenwood. In a statement released soon after De Zerbi signed a five-year contract on Tuesday, the Trust said his arrival placed a “heavy strain” on unity at a time when Spurs are battling against relegation from the Premier League. It also called on Spurs and the Italian to publicly reassert their “commitment to the values that fans hold dear – chief among them equality, respect, and integrity”. Continue reading...
In trading on Tuesday, shares of AXIS Capital Holdings Ltd's 5.50% SERIES E PREFERRED SHARE (Symbol: AXS.PRE) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $19.34 on the day. This compares to an av
In trading on Tuesday, shares of AXIS Capital Holdings Ltd's 5.50% SERIES E PREFERRED SHARE (Symbol: AXS.PRE) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $19.34 on the day. This compares to an av
Tim Seymour, founder and CIO at Seymour Asset Management, believes the recent equity rally represents a legitimate market response to oversold conditions and attractive valuations heading into earnings season. With the S&P 500 ( SP500 ) now trading at approximately 19x forward earnings—down from 22x—Seymour sees genuine opportunity for investors willing to look past short-term volatility. The S&P ...
Tim Seymour, founder and CIO at Seymour Asset Management, believes the recent equity rally represents a legitimate market response to oversold conditions and attractive valuations heading into earnings season. With the S&P 500 ( SP500 ) now trading at approximately 19x forward earnings—down from 22x—Seymour sees genuine opportunity for investors willing to look past short-term volatility. The S&P 500 ( SP500 ) is up 2.6% on Tuesday, while the Nasdaq Composite ( COMP:IND ) is up 3.6%, and the Dow ( DJI ) is up 2.3%. “There’s an opportunity to look at the value construct,” Seymour said in an interview with CNBC, noting that the market’s pullback from Liberation Day lows around 18x forward earnings has created favorable entry points. He added that the VIX’s ( VIX ) recent movement has been “authoritative,” a significant shift from earlier rallies that weren’t confirmed by the volatility index. For investors looking to put capital to work domestically, Seymour advocates a selective approach rather than broad market exposure. He favors integrated oil ( USO ), ( UCO ), ( DBO ) and energy stocks ( XLE ), ( AMLP ), ( VDE ) even if crude prices ( CO1:COM ) retreat, while pointing to utilities ( XLU ), ( VPU ), ( FUTY ) as both defensive plays and beneficiaries of data center demand. Healthcare ( XLV ), ( VHT ), ( IHI ), ( IXJ ), he noted, has underperformed due to contagion from software sector ( IGV ), ( IGPT ), ( XSW ) weakness and presents an opportunity for patient investors. Beyond U.S. borders, Seymour sees a secular shift underway that could benefit international markets for years to come. He argued that Europe ( VGK ), ( IEV ), ( IEUR ) currently offers a more favorable deregulation environment than the U.S. and is supported by deficit spending initiatives. “A lot of the oxygen in the room was choked out” by the Mag Seven ( MAGS ) over the past five years, Seymour explained, leaving considerably more growth potential in international equities. The case for internatio...
In trading on Tuesday, shares of Cullen/Frost Bankers, Inc.'s 4.45% Dep Shares Non-Cumulative Prfd Stock Series B (Symbol: CFR.PRB) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.1125), with shares changing hands as low as $16.95 on the day.
In trading on Tuesday, shares of Cullen/Frost Bankers, Inc.'s 4.45% Dep Shares Non-Cumulative Prfd Stock Series B (Symbol: CFR.PRB) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.1125), with shares changing hands as low as $16.95 on the day.
On 4/2/26, CADIZ Inc's 8.875% Depositary Shares Series A Cumulative Perpetual Preferred Stock (Symbol: CDZIP) will trade ex-dividend, for its quarterly dividend of $0.56, payable on 4/15/26. As a percentage of CDZIP's recent share price of $19.57, this dividend works out to app
On 4/2/26, CADIZ Inc's 8.875% Depositary Shares Series A Cumulative Perpetual Preferred Stock (Symbol: CDZIP) will trade ex-dividend, for its quarterly dividend of $0.56, payable on 4/15/26. As a percentage of CDZIP's recent share price of $19.57, this dividend works out to app
Earnings Call Insights: Charlotte's Web Holdings (CWEB:CA) Q4 2025 Management View CEO William Morachnick framed the quarter around a balance-sheet reset and Medicare channel entry: "this is not business as usual for Charlotte's Web" and said the company had "several key announcements that have tremendous positive impact on our business." CEO Morachnick detailed the British American Tobacco transa...
Earnings Call Insights: Charlotte's Web Holdings (CWEB:CA) Q4 2025 Management View CEO William Morachnick framed the quarter around a balance-sheet reset and Medicare channel entry: "this is not business as usual for Charlotte's Web" and said the company had "several key announcements that have tremendous positive impact on our business." CEO Morachnick detailed the British American Tobacco transaction: "the conversion of BAT's outstanding $55 million convertible debenture, plus approximately $10 million in accrued interest" at "a conversion price of CAD 0.94 per share," plus "a new equity investment of $10 million through a private placement," adding that "BAT's combined equity commitment under this transaction is approximately $75 million" and that BAT "will hold approximately 40% of the company on a non-diluted basis." CEO Morachnick positioned the CMMI Medicare pilot as a near-term operating catalyst, stating: "Participants in the ACO REACH Model and the Enhancing Oncology Model are anticipated to begin offering the Substance Access BEI beginning April 1, which is tomorrow" and emphasizing it as "an established health care integration pathway" with "CMS authorization, physician oversight... and structured outcomes data collection." CFO Erika Lind tied results to restructuring and cost discipline: "our 2025 financial results reflects 2 years of disciplined execution to stabilize the business return to growth and fundamentally restructure our cost base to drive to profitability." CEO Morachnick highlighted manufacturing compliance for healthcare-channel credibility: "this month Charlotte's Web completed its annual NSF dietary supplement good manufacturing practices audit and received zero findings." Outlook Management did not provide quantitative revenue or EPS guidance; CEO Morachnick described the CMMI pilot ramp as gradual: "I don't foresee massive revenue opportunity for, let's say, the balance of this year" and said adoption is expected to be "a gradual build...
roman_slavik/iStock Editorial via Getty Images U.S. equities rallied sharply on Tuesday, led by a broad-based surge in technology shares as investor sentiment improved on rising expectations that tensions surrounding a potential Iran conflict could ease. The Nasdaq Composite ( COMP:IND ) advanced 3.5% in afternoon trading, reflecting renewed risk appetite and strong participation across the market...
roman_slavik/iStock Editorial via Getty Images U.S. equities rallied sharply on Tuesday, led by a broad-based surge in technology shares as investor sentiment improved on rising expectations that tensions surrounding a potential Iran conflict could ease. The Nasdaq Composite ( COMP:IND ) advanced 3.5% in afternoon trading, reflecting renewed risk appetite and strong participation across the market. Market breadth underscored the strength of the move, with 82 of the Nasdaq 100’s ( NDX ) constituents trading higher on the session. The widespread gains suggest the rally was not concentrated in a small group of mega-cap names, but instead driven by broad investor demand across sectors. Top-performing stocks within the Nasdaq 100 contributed meaningfully to the advance, highlighting robust momentum and reinforcing confidence that the rebound is being supported by a diverse set of companies. Outlined below are the Nasdaq-100’s ( NDX ) 10 best-performing stocks in Tuesday’s trading session. Marvell Technology ( MRVL ) +12.98% Arm Holdings ( ARM ) +9.02% Monolithic Power Systems ( MPWR ) +8.52% Microchip Technology ( MCHP ) +7.58% MercadoLibre ( MELI ) +6.66% Intel ( INTC ) +6.65% Meta Platforms ( META ) +6.43% Shopify ( SHOP ) +6.41% Seagate Technology ( STX ) +6.37% Western Digital ( WDC ) +6.36% Nasdaq ETFs: ( QQQ ), ( QQQM ), ( SQQQ ), ( TQQQ ), ( QLD ), and ( QID ). More on markets Treasury yields surge in March, posting the biggest monthly jump since 2024 Wells Fargo lowers its year-end S&P 500 target from 7,800 to 7,300 S&P 500 is on pace for its worst month since 2022 as broad selloff deepens Selling pressure intensifies as now nearly 300 of the S&P 500 names trade lower in 2026 Recession odds in 2026 jump to nearly 40% on prediction markets
American Journalist Shelly Kittleson Kidnapped In Baghdad American freelance journalist Shelly Kittleson , who reports primarily on Middle Eastern and Afghan affairs, was kidnapped in Baghdad earlier today. She has written for outlets including Al-Monitor, Foreign Policy, BBC News, Politico, and others . Alex Plitsas, a CNN national security analyst and former senior Pentagon official under former...
American Journalist Shelly Kittleson Kidnapped In Baghdad American freelance journalist Shelly Kittleson , who reports primarily on Middle Eastern and Afghan affairs, was kidnapped in Baghdad earlier today. She has written for outlets including Al-Monitor, Foreign Policy, BBC News, Politico, and others . Alex Plitsas, a CNN national security analyst and former senior Pentagon official under former President Barack Obama, confirmed on X that Kittleson was " abducted and may have been taken hostage in Baghdad by Kataib Hezbollah ." 🚨🚨🚨 I can confirm that my friend Shelly Kittleson was abducted and may have taken hostage in Baghdad by Khatib Hezbollah. Whereabouts and condition unknown. I am her designated U.S. point of contact. If you have information please provide to law enforcement and send me a DM. — Alex Plitsas 🇺🇸 (@alexplitsas) March 31, 2026 Middle East-based Al Sharqiya TV cited the Iraqi Interior Ministry, stating: "A vehicle belonging to the kidnappers of the American journalist overturned during a security pursuit, and one of them was apprehended." الداخلية العراقية: انقلاب عجلة تابعة لخاطفي الصحفية الأميركية أثناء مطاردة أمنية والقبض على أحدهم #الشرقية_نيوز pic.twitter.com/vlwl6Bask1 — AlSharqiya TV - قناة الشرقية (@alsharqiyatv) March 31, 2026 Footage of the kidnapping has circulated on X. American 🇺🇸 journalist Shelly Kittleson has been kidnapped in central Baghdad, Iraq 🇮🇶 by unidentified perpetrators affiliated with Iranian 🇮🇷 backed Iraqi Shiite militias There is no official confirmation yet, but @shellykittleson 's colleagues whom I spoke to say her… https://t.co/Zn6tjbp83h pic.twitter.com/yTPlDMGer8 — Saad Abedine (@SaadAbedine) March 31, 2026 Iraqi 🇮🇶 Interior Ministry said American 🇺🇸 freelance journalist Shelly Kittleson was kidnapped by unidentified armed men (Iranian 🇮🇷 backed militias) in central Baghdad & that during a pursuit the vehicle belonging to the kidnappers was intercepted which overturned as they… https://t.co/cOAwUZn6hq pic.twitte...