English-speaking con artists have targeted university students seeking summer internships, using a bogus 40-minute orientation session to make their dubious job offers appear genuine, Hong Kong police have warned. The force issued the alert after a 19-year-old university first-year student fell for a dubious job offer last month and lost nearly HK$190,000, saying the scammers had prepared detailed...
English-speaking con artists have targeted university students seeking summer internships, using a bogus 40-minute orientation session to make their dubious job offers appear genuine, Hong Kong police have warned. The force issued the alert after a 19-year-old university first-year student fell for a dubious job offer last month and lost nearly HK$190,000, saying the scammers had prepared detailed scripts to deceive her and conducted the fraudulent recruitment process in English. The force’s...
As a 600-page doorstopper celebrates their groundbreaking costumes, gigs, sleeves and videos, the duo talk about ‘side-stepping the pop-star thing’ – and the naked trampolinist EMI had to censor In 1988, when he was 20, Wolfgang Tillmans tore an A0 poster off a building site hoarding and nailed it to a wall in his flat in Hamburg. It was advertising Pet Shop Boys’ new album, Introspective, and con...
As a 600-page doorstopper celebrates their groundbreaking costumes, gigs, sleeves and videos, the duo talk about ‘side-stepping the pop-star thing’ – and the naked trampolinist EMI had to censor In 1988, when he was 20, Wolfgang Tillmans tore an A0 poster off a building site hoarding and nailed it to a wall in his flat in Hamburg. It was advertising Pet Shop Boys’ new album, Introspective, and consisted of thick vertical bars in different colours. “It was just so cool in the context of the time,” the artist says today, admiring how the pop group had gone “one level more abstract”. Around the same time in Doncaster, teenager Alasdair McLellan – now an A-list fashion photographer – was impressed by the clothes of Pet Shop Boys’ keyboard-player Chris Lowe; for instance the cap, stripy T-shirt and Issey Miyake glasses on the cover of their single Suburbia. “I always thought he was the best-dressed man of the 80s,” McLellan says. “Obviously, he just stood there playing the keyboard and I always noticed what he was wearing, especially all that sportswear stuff. He just seemed to do it better than everyone else.” McLellan couldn’t get style magazines in his village, so his visual education came from pop and the music press. “I got into photography through album covers, Smash Hits and NME.” Continue reading...
Artem Khrebet emerged victorious from what organisers say was world-first competitive bout between double amputees Footwork decides a boxing match, they say. In Ukraine, the tired cliche took on a new meaning. On Saturday, two Ukrainian war veterans faced off on prosthetic legs in what organisers called the world’s first competitive bout between double-amputee fighters. Top: Artem Khrebet (left) a...
Artem Khrebet emerged victorious from what organisers say was world-first competitive bout between double amputees Footwork decides a boxing match, they say. In Ukraine, the tired cliche took on a new meaning. On Saturday, two Ukrainian war veterans faced off on prosthetic legs in what organisers called the world’s first competitive bout between double-amputee fighters. Top: Artem Khrebet (left) and Mykhailo Drobotenko (right), both war veterans, during the weigh-in ceremony Continue reading...
The heroine of Roman Holiday and Breakfast at Tiffany’s knew war and poverty, riches and fame, love and betrayal – yet claimed to have lived a ‘terribly boring’ life. Sean Hepburn Ferrer paints a very different picture in his new biography Growing up, Sean Hepburn Ferrer says he never felt like the son of a movie star – but he very much is. His mother was Audrey Hepburn, one of the biggest names i...
The heroine of Roman Holiday and Breakfast at Tiffany’s knew war and poverty, riches and fame, love and betrayal – yet claimed to have lived a ‘terribly boring’ life. Sean Hepburn Ferrer paints a very different picture in his new biography Growing up, Sean Hepburn Ferrer says he never felt like the son of a movie star – but he very much is. His mother was Audrey Hepburn, one of the biggest names in the golden age of Hollywood, an Oscar-winner, a screen star and a fashion icon. Hundreds of millions of people all over the world recognise her from classics such as Roman Holiday, Funny Face and My Fair Lady – besotted with the way she laughs, dances, or poses tastefully in Givenchy couture. Audrey’s image is so ubiquitous in posters, art prints, magazines, on handbags, keyrings or T-shirts, that the family has made hunting for her likeness into a game. “I must have made this crack to my kids,” Sean says. “We were probably waiting for a train or a plane that had been delayed: ‘Three minutes to find Grandma.’ And it became a thing. Now the kids are grown-up, but they do it on their own. I do it by myself and send a snapshot to my wife and we giggle privately.” Continue reading...
Union says new entitlements, part of Employment Rights Act 2025, will help lower-income households Up to 9.6 million UK workers are to benefit from the changes to sick pay rules, according to unions. They say the policy has widespread support from voters despite pushback from some businesses. From Monday, about 8.4 million workers who rely on statutory sick pay – the minimum amount employers must ...
Union says new entitlements, part of Employment Rights Act 2025, will help lower-income households Up to 9.6 million UK workers are to benefit from the changes to sick pay rules, according to unions. They say the policy has widespread support from voters despite pushback from some businesses. From Monday, about 8.4 million workers who rely on statutory sick pay – the minimum amount employers must pay – will be paid from the first day of becoming ill rather than from day four, according to an analysis by the Trades Union Congress (TUC). Continue reading...
Our world feels chaotic, confusing and unfair, but puzzles offer clear rules, solvable problems and reward for effort expended Maybe you’ve noticed it too. Everyone seems to have become fixated on puzzle games. In the morning, over coffee, I play Word Wheel on the Guardian app. Over lunch, colleagues compare notes on Tradle , the game where you guess a country from its exports. Which place exports...
Our world feels chaotic, confusing and unfair, but puzzles offer clear rules, solvable problems and reward for effort expended Maybe you’ve noticed it too. Everyone seems to have become fixated on puzzle games. In the morning, over coffee, I play Word Wheel on the Guardian app. Over lunch, colleagues compare notes on Tradle , the game where you guess a country from its exports. Which place exports about 45% fish and 50% crustaceans? Greenland. Another friend can’t fall asleep without her nightly Sudoku ritual. The online puzzle craze took off during the Covid pandemic, and it shows no sign of slowing down. New York Times subscribers now spend more time playing puzzles on the app than reading the news. Sales of quiz books hit a record last year, up 24% from 2024. Continue reading...
I suffered with my mystery illness for decades before gaining a diagnosis. Could retraining my brain be the answer? By Hermione Hoby. Read by Alby Baldwin Continue reading...
I suffered with my mystery illness for decades before gaining a diagnosis. Could retraining my brain be the answer? By Hermione Hoby. Read by Alby Baldwin Continue reading...
Major powers are closely watching Hungary’s election next week – a vote seen as a referendum on Europe’s right and crucial for Chinese interests in the EU. Recent polls show self-styled “illiberal democrat” Viktor Orban’s Fidesz trailing challenger Peter Magyar’s Tisza Party by between 19 and 23 points among likely voters ahead of an election on Sunday that has been described as “Europe’s most con...
Major powers are closely watching Hungary’s election next week – a vote seen as a referendum on Europe’s right and crucial for Chinese interests in the EU. Recent polls show self-styled “illiberal democrat” Viktor Orban’s Fidesz trailing challenger Peter Magyar’s Tisza Party by between 19 and 23 points among likely voters ahead of an election on Sunday that has been described as “Europe’s most consequential”. For China, Russia and the United States under President Donald Trump, an Orban defeat...
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This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day. Please don't leave political comments on other articles or posts on the site. The comments below are not regulated with the same rigor as the rest of the site, and this is an 'enter at your own risk' area as discussion can get very heated. If you can't stand the heat... you know what they say... More on Today's Markets: Moderation Guidelines: We remove comments under the following categories: Personal attacks on another user account Anti-Vaxxer or covid related misinformation Stereotyping, prejudiced or racist language about individuals or the topic under discussion. Inciting violence messages, encouraging hate groups and political violence. Regardless of which side of the political divide you find yourself, please be courteous and don't direct abuse at other users. For any issue with regards to comments please email us at : moderation@seekingalpha.com. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Presented by Capital One Data security remains one of the least mature domains in enterprise cybersecurity. According to IBM , 35% of breaches in 2025 involved unmanaged data source or “shadow data.” This reveals a systemic lack of basic data awareness. It’s not because of a lack of tooling or investment. It’s because many organizations still struggle with the most fundamental questions: What data...
Presented by Capital One Data security remains one of the least mature domains in enterprise cybersecurity. According to IBM , 35% of breaches in 2025 involved unmanaged data source or “shadow data.” This reveals a systemic lack of basic data awareness. It’s not because of a lack of tooling or investment. It’s because many organizations still struggle with the most fundamental questions: What data do we have? Where does it live? How does it move? And who is responsible for it? In an increasingly complex ecosystem of data sources, cloud platforms, SaaS applications, APIs, and AI models, those questions are only becoming more difficult to answer. Closing the maturity gap in data security demands a cultural shift where security is no longer treated as an afterthought. Instead, protection is embedded throughout the full data lifecycle, grounded in a robust inventory, clear classification, and scalable mechanisms that translate policy into automated guardrails. Visibility as the foundation The most persistent barrier to data security maturity is basic visibility. Organizations often focus on how much data they hold, but not on what that data is made up of. Does it contain personally identifiable information (PII)? Financial data? Health information? Intellectual property? Without this level of understanding and inventory, it’s a lot tougher to implement meaningful protection. This can be avoided, however, by prioritizing enterprise capabilities that can detect sensitive data at scale across a large and varied footprint. Detection must be paired with action, deleting data where it’s no longer needed, and securing data where it is by aligning enforcement to a well-defined policy. Mature organizations should start by treating data security as an “understanding your environment” problem. Maintain an inventory, classify what’s in the ecosystem, and align protections with the classification rather than solely relying on perimeter controls or point solutions to scale. Securing ...
Luis Alvarez/DigitalVision via Getty Images When I rated International Business Machines ( IBM ) a Hold in November last year, it was not a vote against the business' strength, but the lack of asymmetric setup I was looking for. By November, the stock had absorbed most of the positives around margin expansion, an AI narrative that could lead to greater pricing power and a strong mainframe cycle. V...
Luis Alvarez/DigitalVision via Getty Images When I rated International Business Machines ( IBM ) a Hold in November last year, it was not a vote against the business' strength, but the lack of asymmetric setup I was looking for. By November, the stock had absorbed most of the positives around margin expansion, an AI narrative that could lead to greater pricing power and a strong mainframe cycle. Valuations needed further step changes in trajectory for rerating and the earnings improvement outlook was strong, but not exciting enough. In fact, I had drawn upon the very lack of asymmetry and near term catalysts to position IBM as a core defensive holding in a broader tech portfolio, while riding the AI-tech revolution. That thesis stands challenged today. The business has not weakened significantly since, but the AI narrative (which was a tailwind) has now evolved into a broader question around how value will be distributed across the tech ecosystem. Recent advances made by AI models like Anthropic suggest that parts of enterprise transformation (coding, workflow building and migration) could become more automated through AI and reduce the effort and pricing intensity that IBM currently commands. This is especially a concern for a business like IBM where we are not seeing staggering growth anyway. Even a couple of percentage point revenue hit alongside limited margin expansion could be enough to keep multiples compressed for a business growing at 5-6%. The current situation therefore warrants a wait and watch approach despite the valuation compression (from ~17.5x EV to forward EBITDA in November to ~14x). I therefore keep IBM as a Hold. Without the evolving AI threat factor that has recently come up, this could have been an entry point. The defensive characteristics have not held up either since November, partly justifying my apprehensions around a full-fledged Buy - but this correction is not an urgent call for fresh Buying either. Data by YCharts Better Execution, S...
Salvage crews work to avoid oil spill after Fiji Princess cruise ship grounded off Monuriki Island on Saturday Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Salvage crews in Fiji are working to prevent an oil spill after a cruise ship ran aground off the island on which the 2000 Tom Hanks film Cast Away was filmed. The Blue Lago...
Salvage crews work to avoid oil spill after Fiji Princess cruise ship grounded off Monuriki Island on Saturday Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Salvage crews in Fiji are working to prevent an oil spill after a cruise ship ran aground off the island on which the 2000 Tom Hanks film Cast Away was filmed. The Blue Lagoon Cruises vessel Fiji Princess grounded at a reef near the uninhabited Monuriki Island on Saturday, according to Fiji’s maritime rescue agency. Continue reading...
Iran’s parliamentary speaker decries US president’s ‘reckless moves’ after expletive-ridden threat; Israeli PM says Trump ‘expressed his appreciation for Israel’s help’ Trump warns Iran to reopen strait of Hormuz by Tuesday or face ‘hell’ ‘Unhinged madman’: US politicians react to Trump Iran threat Iran’s central military command has warned of “much more devastating” retaliation if the US hits civ...
Iran’s parliamentary speaker decries US president’s ‘reckless moves’ after expletive-ridden threat; Israeli PM says Trump ‘expressed his appreciation for Israel’s help’ Trump warns Iran to reopen strait of Hormuz by Tuesday or face ‘hell’ ‘Unhinged madman’: US politicians react to Trump Iran threat Iran’s central military command has warned of “much more devastating” retaliation if the US hits civilian targets. If attacks on civilian targets are repeated, the next stages of our offensive and retaliatory operations will be much more devastating and widespread.” Continue reading...
Pixelbizz/iStock via Getty Images As artificial intelligence continues to disrupt the markets as well as technology, I find it’s getting harder to determine what businesses actually have a discernible moat. Companies that many once viewed as undisruptable or anti-fragile are now for the first time in decades having investors wondering if perhaps such businesses truly have a lasting competitive adv...
Pixelbizz/iStock via Getty Images As artificial intelligence continues to disrupt the markets as well as technology, I find it’s getting harder to determine what businesses actually have a discernible moat. Companies that many once viewed as undisruptable or anti-fragile are now for the first time in decades having investors wondering if perhaps such businesses truly have a lasting competitive advantage. As I’ve been researching such companies, I came across an ETF with the precise name MOAT, the VanEck Morningstar Wide Moat ETF ( MOAT ). So far in 2026, MOAT hasn’t been an exceptional performer as it’s down nearly 7% year to date while the Vanguard 500 Index Fund ETF ( VOO ) is only down 3%. Let’s dive into MOAT and see if it’s a fund that lives up to its name or if it’s just a pretender. Fund Strategy and Holdings This ETF focuses on companies that Morningstar believes have “sustainable competitive advantages.” In other words, companies that have a moat. Furthermore it states this ETF focuses on wide moat companies (compared to say narrow moat businesses or I guess even no moat businesses) and companies with attractive prices relative to Morningstar’s assessment of their fair values. As you can see below MOAT is a diverse ETF with exposure to seven market sectors. However, I'd say there is an emphasis on four sectors, industrials, technology, health care, and consumer defensive which make up roughly 85% of the ETF’s allocation: Seeking Alpha Here were the ETF’s top holdings as of February 28, 2026: Seeking Alpha I think it's far to say all of these top ten holdings do have a moat of some kind or are part of a duopoly. Airbnb ( ABNB ) is a stock I own and I certainly believe they have a competitive advantage compared to traditional hotel players with more asset-heavy business models. Clorox ( CLX ) I'd state has a wide moat and companies like Bristol-Myers Squibb ( BMY ) benefit from deep patent portfolios and enormous R&D pipelines while Huntington Ingalls Industr...
Prae_Studio/iStock via Getty Images Since 2013, our mission has been to help people invest more effectively. We do this by delivering actionable, high-quality, contemporary investment guidance at an affordable price. With all the information out there, we help investors by distilling our advice into model portfolios, thoroughly explaining the reasoning behind every new investment recommendation. I...
Prae_Studio/iStock via Getty Images Since 2013, our mission has been to help people invest more effectively. We do this by delivering actionable, high-quality, contemporary investment guidance at an affordable price. With all the information out there, we help investors by distilling our advice into model portfolios, thoroughly explaining the reasoning behind every new investment recommendation. In this Q1 2026 update, I shall review our core product, The Multi-Asset Investor. Letter from Charlie Morris, CEO Things were going well in January, especially for non-US equities, right up until the moment the first missile was fired. At that point, markets sold off sharply, with gold bearing the brunt. Global Equities and Gold in 2026 The oil shock changed everything. The markets had been looking forward to cooling inflation and the rate cuts that would follow. Bond yields surged alongside the oil price, causing an abrupt shift in the prevailing market dynamics. With reference to the ByteTree Money Map, the market turned from blue to black in a heartbeat. The ByteTree Money Map My reaction was to reduce risk in the face of the unknown. As I wrote in What Happened in 1974? , oil shocks can trigger major bear markets, just as they did in 1974, 1981, and 2008. As we entered this crisis, the Soda Portfolio had volatility of around 7%, which was 1% above its benchmark, the FTSE Private Balanced Index, and mainly as a result of holding gold. Following equity risk reduction and introducing further diversification, it is back in line with the market at 9%, as overall price volatility has risen. This Whisky Portfolio is the satellite strategy designed to accompany a core holding in the Soda Portfolio. Whisky’s volatility was 12% in February, which was slightly above its benchmark, the FTSE 100, at 10%. Today, it is 8%, while the FTSE 100 has surged to 19% since hostilities began. This is simply about capital preservation during a period of increased risk. As I wrote in the report ...
Tim Robberts/DigitalVision via Getty Images Today we turn back to one of our favorite, but boring slow growth, slow dividend growth ETF in the Schwab US Dividend Equity ETF ( SCHD ). Interestingly SCHD has found itself back in the limelight a bit more positively after a period of being unfairly maligned by the bears in our opinion. If you follow our work, you know we have often cited this name as ...
Tim Robberts/DigitalVision via Getty Images Today we turn back to one of our favorite, but boring slow growth, slow dividend growth ETF in the Schwab US Dividend Equity ETF ( SCHD ). Interestingly SCHD has found itself back in the limelight a bit more positively after a period of being unfairly maligned by the bears in our opinion. If you follow our work, you know we have often cited this name as a simple name to own for a diversified portfolio, even when it was lagging behind the AI-fueled mania of previous years. Certainly you can find better growth ETFs, as well as much higher income ETFs. But we think as designed SCHD provides a little bit of both, as a nice combination. But as we sit here in April 2026, something very peculiar has happened. The chronic underperformer of 2025 has turned into an outperformer, something that was unthinkable just six months ago. In fact, large-cap value has outpaced growth by more than 11% already this year. This is a material shift in capital flows, and it is exactly the kind of environment where the design of SCHD is built to shine. So what is going on here? Well, even with really poor sentiment in the broader market over the last month, SCHD has held up. It is slightly off highs, but other parts of the broader market have been crushed. Both the Dow and Nasdaq have hit correction territory in March, with the S&P500 flirting with entering 10%+ correction territory. But the primary driver here of the recent relative strength is a massive rotation. For the better part of the last two years, the market was concentrated in a handful of megacap technology names. But as we have seen in the first quarter of 2026, investor tolerance for earnings disappointments in high multiple stocks seems to have reached a breaking point. Market leadership is broadening, and money is flowing right into the old economy sectors that dominate this ETF. While central banks have transitioned to a simultaneous hold at higher interest rates, the fiscal and mon...
GlobalP/iStock via Getty Images Overview 2026 has been off to a rough start as market indices continue to pull down from their prior highs. We have rising tensions in the Middle East, an uptick in unemployment, and uncertainty around interest rates that continue to drive fear in the market. These challenges have caused the Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund ( ETW ) to retr...
GlobalP/iStock via Getty Images Overview 2026 has been off to a rough start as market indices continue to pull down from their prior highs. We have rising tensions in the Middle East, an uptick in unemployment, and uncertainty around interest rates that continue to drive fear in the market. These challenges have caused the Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund ( ETW ) to retreat from its recent highs. When I previously covered the fund, I issued a hold rating due to the potential to receive tax-efficient distributions but the underwhelming growth abilities related to the inclusion of an option writing strategy. Since my last coverage, the fund has released an updated annual report for 2025, which prompted me to revisit its value proposition and outlook for the year. Since ETW is structured as a closed-end fund, the price can trade at a difference from the actual value of its underlying assets. For instance, ETW now trades at a discount to NAV of 9.89%. For reference, ETW has traded at an average discount to NAV of 6.61% over the last five year period. Referring to the red line on the graph below, we can see that ETW continues to trade at one of its deepest discount to NAV levels over its historical range. However, you'll notice that the price to NAV level significantly declined throughout 2022, which is when the fund experienced a large NAV decline. CEF Data ETW now offers investors a starting dividend yield of 8.9% and issues those payouts on a monthly basis. The latest annual report indicates that ETW has no issues supporting the distributions at this time. In fact, ETW can easily generate earnings sufficient enough to cover multiple years worth of payouts. However, the emphasis on dividends can lead to significant underperformance against more traditional ETFs. ETW does provide exposure to global securities, so the fund may show more sensitivity to rising tensions with Iran. So let's start by taking a look at the underlying fund strategy tha...
Sandisk Corporation (NASDAQ:SNDK) is among the stocks in focus as Jim Cramer reviewed the S&P 500’s top performers and the Nasdaq 100’s biggest laggards for the first quarter. Cramer highlighted it as the top-performing S&P 500 stock for the first quarter. He stated: Let’s do tech hardware first. The number one performer in the S&P […]
Sandisk Corporation (NASDAQ:SNDK) is among the stocks in focus as Jim Cramer reviewed the S&P 500’s top performers and the Nasdaq 100’s biggest laggards for the first quarter. Cramer highlighted it as the top-performing S&P 500 stock for the first quarter. He stated: Let’s do tech hardware first. The number one performer in the S&P […]