In this article BHARTIARTL-IN Follow your favorite stocks CREATE FREE ACCOUNT A Bharti Airtel office building pictured in Gurugram, on the outskirts of New Delhi. Pacific Press | Lightrocket | Getty Images India's telecom giant Bharti Airtel has raised $1 billion for its data center arm — Nxtra Data — from private equity firms Alpha Wave, Carlyle and Anchorage Capital, underscoring a growing globa...
In this article BHARTIARTL-IN Follow your favorite stocks CREATE FREE ACCOUNT A Bharti Airtel office building pictured in Gurugram, on the outskirts of New Delhi. Pacific Press | Lightrocket | Getty Images India's telecom giant Bharti Airtel has raised $1 billion for its data center arm — Nxtra Data — from private equity firms Alpha Wave, Carlyle and Anchorage Capital, underscoring a growing global interest in the sector. Bharti Airtel is India's second-largest telecom operator and the raise will value Nxtra Data at about $3.1 billon once the transaction closes, the company said in a stock exchange filing on Monday. Nxtra Data will receive $435 million from Florida-headquartered Alpha Wave Global, $240 million from existing investor Washington-based Carlyle, and $35 million from New York City's Anchorage Capital, Airtel said, adding that it will contribute the remaining amount. The fresh capital will support Nxtra's expansion across India, Airtel said. Gopal Vittal, executive vice chairman of Airtel, said Nxtra has built "data center networks" aimed at meeting the evolving needs of enterprises, hyperscalers, and government clients. Nxtra has around 300MW of data center capacity, which will be scaled to 1GW "in the next few years, targeting ~25% market share," he added. It currently has 14 large data centers and more than 120 smaller, decentralized facilities located closer to end users and devices. Data center boom Data center demand globally has surged in recent years, largely driven by the explosion in AI workloads, which require vast computing power, electrical power, cooling and networking infrastructure. More than $61 billion flowed into the data center market in 2025. "India has an immense AI opportunity — Indians already meaningfully interact with platforms like ChatGPT, Claude and other AI tools," said Navroz D. Udwadia, co‑founder of Alpha Wave Global, in the filing. India's data center capacity must grow significantly to keep pace with demand from hypersca...
peshkov/iStock via Getty Images The Eaton Vance Tax-Advantaged Dividend Income Fund ( EVT ) is a closed-end fund designed to provide investors with diversified equity exposure with the goal of generating high distributable income. Managed equity strategies may be exceptionally appealing during periods of significant market disruption, particularly as major indices face exogenous pressure, making s...
peshkov/iStock via Getty Images The Eaton Vance Tax-Advantaged Dividend Income Fund ( EVT ) is a closed-end fund designed to provide investors with diversified equity exposure with the goal of generating high distributable income. Managed equity strategies may be exceptionally appealing during periods of significant market disruption, particularly as major indices face exogenous pressure, making successful stock selection a highly valued skill. With mounting uncertainty regarding the global supply chain disruptions raised from the Iranian war, I believe investors should take into consideration managed CEFs like EVT as a component of a diversified portfolio strategy. Given the near-term risks in the market and comparable historical performance, I am recommending EVT with a Hold rating. Investment Thesis EVT was designed to invest in value-oriented, dividend-paying stocks that may provide tax-advantaged dividend income as part of its investment objective, presenting an appealing opportunity given the state of the broader equity market. Prior to the Iranian war, I believe the markets were heavily shifting in favor of value over growth stocks as investors began questioning the quality of the AI theme and whether the high premiums appropriately priced the stocks, as well as the software stock disruption with the emergence of the theme that AI may replace traditional enterprise software. Market price chart (TradingView) While I don’t believe this second factor will necessarily be meaningfully impactful to the market given how integrated enterprise software has become, tethered together with custom applications, I do expect AI to disrupt the market with respect to being more of a companion feature. Granted, this is highly selective, as a CRM or ERP company will be less likely disrupted when compared to a creative suite. I believe the recent events in the Middle East added fuel to the flame, adding pressure to oil prices and uncertainty towards global supply chains, as a la...
(RTTNews) - Lipella Pharmaceuticals Inc. announced that it has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Western District of Pennsylvania. The company intends to pursue a 363 sale process under
(RTTNews) - Lipella Pharmaceuticals Inc. announced that it has filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Western District of Pennsylvania. The company intends to pursue a 363 sale process under
matejmo/iStock via Getty Images Introduction I haven’t had the chance to review Barrick Mining Corporation ( B ) yet, while covering peers in the mining industry that tend to have a broader asset base. I will now take the plunge following the rally in gold prices and the ensuing normalization despite macro risks ticking up. There are a lot of inherent catalysts to the firm’s valuation, such as gol...
matejmo/iStock via Getty Images Introduction I haven’t had the chance to review Barrick Mining Corporation ( B ) yet, while covering peers in the mining industry that tend to have a broader asset base. I will now take the plunge following the rally in gold prices and the ensuing normalization despite macro risks ticking up. There are a lot of inherent catalysts to the firm’s valuation, such as gold prices, record FCF and the potential incoming IPO of Barrick’s NA gold assets. I will go through them to see if B will continue to offer strong value to shareholders. Current Dynamics I’ll start with the macro backdrop that has pushed gold to rally and falter with the Iran situation. Gold started the year at around $4,384 per ounce and pushed forward to nearly $5,500 an ounce. It now came back to $4,532 as of the last available prices. The current price drivers are structural in my mind, rather than simply speculative, as central bank demand is roughly 585 tonnes per quarter through 2026 , as sovereign wealth funds are diversifying away from dollar-denominated assets. More so, the US-China trade tensions have pushed the Chinese government to diversify away from US treasuries toward gold. The PBOC has been a main actor in this, with its 15th consecutive month of reserve increases bringing the total official gold holdings to 2,308 tonnes . Regulation also played in this facet as Chinese institutional investors are now allowed to allocate up to 1% of their assets directly into bullion . Furthermore, many believe that gold should have continued its rise in price, considering the increased macro risks linked to the Iran conflict, but prices have fallen sharply and have been highly volatile ever since. The downward pressure is essentially linked to the rise in crude prices due to the Strait of Hormuz, which is fueling global inflation fears. This would thus translate in a higher interest rate environment or even increase rates to combat the shock, pushing treasury yields higher...
FGE NexantECA Chairman Emeritus Fereidun Fesharaki says a prolonged 'near-closure' of the Strait of Hormuz could push oil prices to $150-$200/bbl in the next few weeks and trigger severe global economic fallout. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)
FGE NexantECA Chairman Emeritus Fereidun Fesharaki says a prolonged 'near-closure' of the Strait of Hormuz could push oil prices to $150-$200/bbl in the next few weeks and trigger severe global economic fallout. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)
(RTTNews) - Asian markets are mixed on Tuesday, following the mixed cues from Wall Street overnight, as traders remained cautious and braced for a prolonged Middle East conflict as the war entered day number thirty-two, with Yemen's Houthi rebels joining the Iran war and addition
(RTTNews) - Asian markets are mixed on Tuesday, following the mixed cues from Wall Street overnight, as traders remained cautious and braced for a prolonged Middle East conflict as the war entered day number thirty-two, with Yemen's Houthi rebels joining the Iran war and addition
Monty Rakusen/DigitalVision via Getty Images Cryoport ( CYRX ) is a global company providing market-leading cryogenic storage systems. The company operates through two segments, Life Sciences Services, which includes biologistics and biostorage services, and Life Sciences Products, which focuses on the manufacturing and sales of cryogenic systems. I believe key competitors could include Thermo Fis...
Monty Rakusen/DigitalVision via Getty Images Cryoport ( CYRX ) is a global company providing market-leading cryogenic storage systems. The company operates through two segments, Life Sciences Services, which includes biologistics and biostorage services, and Life Sciences Products, which focuses on the manufacturing and sales of cryogenic systems. I believe key competitors could include Thermo Fisher Scientific ( TMO ) and specialized logistics providers like World Courier, which is owned by Cencora ( COR ), a drug wholesale and distribution company. Since going public, CYRX has experienced significant volatility. Driven by the biotech boom around 2021, the stock reached record highs of over $80 per share before seeing a gradual pullback into the next few years. Having seen a 5-year low of around $5.5 per share just last year in 2025, CYRX has seen some momentum on a 1-year basis, with the stock up 28.6% and trading around $7.8, demonstrating some resilience. Nonetheless, CYRX is still down around -18% on a YTD basis. I give the stock a buy rating. My conservative 1-year price target of $9.1 per share implies around 17% return for the stock, making CYRX appear undervalued. Financial Reviews Overall, I think fundamentals as of Q4 2025 appear improving, as we saw some robust revenue beats and expanding gross margins, though some bottom-line adjusted EBITDA (aEBITDA) losses remained. Q4 presentation In Q4, CYRX reported a revenue of $45.5 million, a 10% increase YoY, beating the estimates. This suggests a decent double-digit revenue performance, thanks to the decent 16% growth in the Life Sciences Services business. The FY picture is also similar, with Life Sciences Services growing at 18% YoY, overperforming Life Sciences Product, and making up 55% of the business. In FY 2025, CYRX delivered a revenue of $176.2 million, a 12% YoY growth. Q4 presentation Profitability seems better YoY, though as I mentioned earlier, the company still saw an aEBITDA loss of -$1.4 millio...
imaginima/E+ via Getty Images In early December of last year, I detailed how shares of Janus International Group ( JBI ) had taken a hit since I had downgraded the stock from a ‘buy’ to a ‘hold’. That decline amounted to 38.9% at a time when the S&P 500 was up 6.3%. This was a substantial disappointment for those who own the stock most certainly. However, what many viewed as pain, I argued was opp...
imaginima/E+ via Getty Images In early December of last year, I detailed how shares of Janus International Group ( JBI ) had taken a hit since I had downgraded the stock from a ‘buy’ to a ‘hold’. That decline amounted to 38.9% at a time when the S&P 500 was up 6.3%. This was a substantial disappointment for those who own the stock most certainly. However, what many viewed as pain, I argued was opportunity. While I acknowledged that there was weakness in the space and that this weakness would likely continue for the near term, I also made the case that shares were cheap enough to justify a bullish outlook. Since then, however, the stock has fallen another 13.4%. This compares to the 4.5% drop that the market experienced. Some investors might conclude, after such a substantial decline, that maybe there is something broken about the company. I would argue, however, that the market is simply overreacting. This year, as an example, management expects some rather attractive growth on both the top and bottom lines. And based on how the stock is priced on a forward basis, it is difficult to be anything other than bullish about it. I wouldn't be surprised if fundamental performance ends up being weaker than anticipated simply because I am pessimistic about the state of the economy. But for those with a long-term investment horizon, Janus International Group seems to be a very clear candidate for consideration. In fact, I would even go so far as to say that upgrading it to a ‘strong buy’ makes sense here. Upside is warranted Author - SEC EDGAR Data The only new data that investors have from Janus International Group covers through the final quarter of the company's 2025 fiscal year. During that time, revenue amounted to $226.3 million. That's 1.9% below the 230 point $8 million that the company reported the previous year. This pain was driven primarily by the company’s self-storage revenue that comes from new construction. Year over year, revenue plummeted 8.1% from $96.7 mil...