MP for Hull East had recently given interview with Jody McIntyre, campaigner who stood against Jess Phillips in 2024 The MP Karl Turner has lost the Labour whip, after making a series of interventions criticising Keir Starmer and No 10, especially changes to jury trials. The decision is understood to have been prompted by an interview given by Turner, the MP for Hull East, to Jody McIntyre, a camp...
MP for Hull East had recently given interview with Jody McIntyre, campaigner who stood against Jess Phillips in 2024 The MP Karl Turner has lost the Labour whip, after making a series of interventions criticising Keir Starmer and No 10, especially changes to jury trials. The decision is understood to have been prompted by an interview given by Turner, the MP for Hull East, to Jody McIntyre, a campaigner who had previously stood at the 2024 elections against Labour’s Jess Phillips. Continue reading...
adventtr/iStock via Getty Images Newmont Corporation Update Data by YCharts I rated Newmont ( NEM ) a Buy in May 2023 with an article called Newmont Mining: A Gold Mine Of Opportunities Ahead, when the stock was around $48. It’s now trading near $102, up 109%. So why revisit the story now? Because Newmont just pulled back 25% from its January highs near $135. Gold has corrected from above $5,500 t...
adventtr/iStock via Getty Images Newmont Corporation Update Data by YCharts I rated Newmont ( NEM ) a Buy in May 2023 with an article called Newmont Mining: A Gold Mine Of Opportunities Ahead, when the stock was around $48. It’s now trading near $102, up 109%. So why revisit the story now? Because Newmont just pulled back 25% from its January highs near $135. Gold has corrected from above $5,500 to around $4,430. The Iran conflict and rate uncertainty, and a broader risk-off move in commodities have pushed this stock down to levels where the valuation is starting to look interesting again. This isn't cheap on an absolute basis (Newmont never really is). But I think the setup favors buyers here. Last year Newmont put up $22.7 billion in revenue, $7.3 billion in free cash flow, and produced 5.9 million gold ounces at a by-product AISC of $1,358/oz. Every one of those numbers was a record. And the balance sheet looks better than it ever has, with the company paying down $3.4 billion in debt, returning $3+ billion to shareholders (via dividends and buybacks), and yet still ending the year with $2.1 billion in net cash. On the downside, you probably won’t triple your money from here, so if you're seeking higher leverage to gold prices and are willing to take on more risk, look elsewhere. But on a risk-adjusted basis, Newmont at $102 is a solid buy, and under $100 I’d be looking to add aggressively. 2025 Was A Record Year Across The Board Newmont Mining Let's run through Newmont's Q4 and full-year 2025 results. Newmont posted $7.6 billion in adjusted net income last year. $6.89 per diluted share. Free cash flow was $7.3 billion for 2025, and $2.8 billion of that came in the fourth quarter (or $11.2 billion annualized). Production finished at 5.9 million attributable gold ounces, plus 28 million ounces of silver and 135,000 tonnes of copper. By-product AISC came in at $1,358 per ounce, which at last year's average realized gold prices translated to margins of roughly $2,80...
财联社3月31日讯（记者 吴雨其） 3月以来，围绕中东资金配置香港的讨论明显升温，市场关注点也从消息面延伸到利率、汇率、ETF规模以及一级市场基石投资等多个维度。随着港股经历前期深度调整，任何与增量资金有关的线索，都会迅速进入市场视野。 财联社记者发现，香港正在承接一部分新的流动性。不过，进入香港的资金构成并不单一。参考近期研报和市场反馈，这部分资金既包含中东主权资本和家族办公室延续已久的“向东配置”，也包含围绕中东市场进行布局、近期因地缘风险重新调整头寸的全球配置资金。资金路径、配置工具和落脚资产并不完全一致，这也是当前市场讨论不断升温的原因。 这轮围绕中东资金配置香港的讨论，主要有三重观察信号。 一是资金面先出现变化，港元利率与美元利率走势背离，银行体系流动性改善更早被市场捕捉；二是产品端已有观察窗口，投资港股的中东相关ETF和香港本地部分核心ETF，为资金去向提供了持续跟踪的线索；三是配置路径开始逐步清晰，中东资本既持续现身港股IPO项目，也开始向A股、港股延伸。 流动性变化明显 这轮话题的起点，落在香港流动性指标的变化上。 东吴证券 全球首席经济学家陈李提到，2026年3月，在美联储维持3.5%至3.75%高利率背景下，1个月HIBOR却从3月初的2.36%回落至1.95%左右。对于联系汇率制度下的香港市场来说，这种港元利率与美元利率的背离，本身就是一个值得关注的信号。港元资金面出现宽松，通常意味着银行体系中有新的流动性进入。 汇率端的表现也形成了呼应。3月以来，港币汇率多次升至7.8附近，整体强于去年下半年的偏弱状态。利率和汇率同时发生变化，使得香港市场近期的资金流动更容易被观察到。东吴证券也据此判断，香港已经出现了新增资金进入的迹象，这种变化首先体现在银行体系和货币市场层面。 产品端的数据同样提供了更直观的观察窗口。目前沙特交易所有两只投资港股市场的ETF，分别是Albilad南方东英MSCI中国香港股票ETF和SAB投资恒生香港ETF。 其中，前者超过95%的资产投资于在港交所上市的南方东英MSCI港股通精选ETF。数据显示，截至今年3月30日，该ETF规模为47.89亿沙特里亚尔，折合约100亿港元。后者则根据SAB Invest Hang Seng Hong Kong ETF最新年报，截至2025年末，基金净资产约为23.57亿沙特里亚尔，约合49...
sturti/E+ via Getty Images The Thesis Exiting 2025, Comfort Systems USA ( FIX ), a key provider of electrical and mechanical services across multiple sectors, delivered a robust Q4 with over 100% jump across the bottom line and healthy topline growth. While the technology vertical, which contributed nearly 50% to total revenue in Q4, continues to show strength with massive investment in data cente...
sturti/E+ via Getty Images The Thesis Exiting 2025, Comfort Systems USA ( FIX ), a key provider of electrical and mechanical services across multiple sectors, delivered a robust Q4 with over 100% jump across the bottom line and healthy topline growth. While the technology vertical, which contributed nearly 50% to total revenue in Q4, continues to show strength with massive investment in data center expansion, I expect underlying demand for the company's capabilities to remain elevated. This, along with support from a whopping $12 billion backlog, should help the company sustain its robust topline momentum through FY26. For margin, I believe, a continued focus on disciplined execution and a favorable mix with a growing share of large-scale projects should be a key growth driver over the coming quarters as the topline expands. Since my last bullish coverage about 3 months back, the company's stock has been up in solid double-digit percentages. While the company's stock continues to trade at a slight premium, it is important to note that the company has transitioned itself into a key data centre infrastructure enabler in the past quarters. And while the growth prospects appear promising for FY26, I believe the premium is justified, and the stock continues to offer a compelling opportunity to invest in this quality infrastructure player, supporting a continued bullish stance at the current valuation. FIX's Q4 FY25 Highlights FIX reported its final quarter results for FY25 earlier this year in February, with another robust quarter. In Q4, the company saw a notable 41.7% year on year growth across its consolidated topline, reaching a record $2.65 billion . While the company's core mechanical segment continues to grow steadily, the overall growth was largely driven by the electrical segment, which grew nearly 100% in the last quarter. With strong growth across both segments, mainly in the second half of FY25, the company closed the full year with a consolidated topline of ...
Axios , a tool widely used to develop software applications, was compromised overnight, introducing a vulnerability in a key part of the internet’s plumbing. An unknown hacker was able to breach one of the few accounts that can release new versions of Axios late Monday and published malicious versions of it. Axios, or Axios NPM, is a client that software developers use to send requests to servers ...
Axios , a tool widely used to develop software applications, was compromised overnight, introducing a vulnerability in a key part of the internet’s plumbing. An unknown hacker was able to breach one of the few accounts that can release new versions of Axios late Monday and published malicious versions of it. Axios, or Axios NPM, is a client that software developers use to send requests to servers — allowing software to connect to the web — and is downloaded about 80 million times every week. The extent of the damage and the purpose of the breach is still unclear. The malicious code could be used to breach major operating systems including Windows, MacOS and Linux, according to John Hammond, senior principal security researcher at the cybersecurity firm Huntress. “The scope of this compromise is significant” because of how widespread the Axios product is, he said. The risk is that any person who has downloaded the malicious version of Axios could then have their own computer — and the data stored on it — stolen by hackers. This type of supply-chain hack has become more common in recent years. Some have been highly damaging. In 2020, a suspected Russian state sponsored group breached software manufactured by the US company SolarWinds and deployed a malicious update, which led to follow-on compromises at nine US government agencies and about 100 companies. Read More: Hackers Used Obscure Texas IT Vendor to Attack U.S. Agencies “The primary concern is no longer initial access alone, but the potential blast radius and the extent of any compromise already established,” Jon Robertson, managing director at Australian cybersecurity firm Tarian Cyber, said in an email. Robertson and Hammond each said they’d seen an impact from the attack by Tuesday morning. Robertson said software development companies and internal developers had been affected by the hack. Hammond had identified at least 135 compromised computers. Axios is maintained by a community of contributors on the Gith...
The companies that typically make up the backbone of the US initial public offering market are eyeing the Iran war for signs volatility could boil over and wreck their plans. For banks, there’s a ray of hope — that SpaceX ’s potential blockbuster listing could still go ahead, and make their whole year. After a first quarter marked by stop-and-start activity for IPOs, talk has turned to the implica...
The companies that typically make up the backbone of the US initial public offering market are eyeing the Iran war for signs volatility could boil over and wreck their plans. For banks, there’s a ray of hope — that SpaceX ’s potential blockbuster listing could still go ahead, and make their whole year. After a first quarter marked by stop-and-start activity for IPOs, talk has turned to the implications of the raging conflict and the lingering effect of artificial intelligence scares. No wonder many listing candidates are sitting on their hands as a possible IPO for billionaire Elon Musk ’s rocket company, which could come as soon as June and dwarf every other debut, takes shape. “The situation in Iran has thrown a wrench into things and AI disruption has been pronounced this year,” said Evan Riley , Americas head of equity capital markets at BNP Paribas SA . “You’ve had some hiccups in terms of withdrawn deals — you’ll see the complexion of IPOs change a bit.” “But if you have mega IPOs come then that changes the entire year because you can easily have a full year of IPO volume in one deal,” he said in an interview. Musk’s company is expected to submit a confidential filing any day now, and is targeting a deal which could bring in as much as $75 billion, Bloomberg News has reported. A range of industrials firms are positioned to test investor appetite for a sector seen as relatively insulated from the pressure on consumers from the war. Indoor air quality firm Madison Air Solutions Corp. , which is expected to seek at least $2 billion, and drone maker Aevex Corp. both filed publicly in recent weeks for IPOs. Others are being advised by bankers to stay ready in the weeks before financial results go stale in mid-May. SpaceX Plans April Investor Briefings as IPO Questions Swirl HK IPO Revival Hits Snags, Raising Stakes for Big Deals Europe’s ECM Bankers Ride Messy Markets as Investors Hold Nerve Activity in April will be critical for the second quarter as bankers seek ...
Family pushing for greater controls after inquest finds Oliver Robinson’s prescription was ‘obstacle’ to proper care Oliver Robinson felt he had exhausted conventional therapies when he left the Priory, a private mental health facility where he was treated for depression and addiction between 2019 and 2022. Initially he found relief from a new kind of prescription elsewhere. But by the time he too...
Family pushing for greater controls after inquest finds Oliver Robinson’s prescription was ‘obstacle’ to proper care Oliver Robinson felt he had exhausted conventional therapies when he left the Priory, a private mental health facility where he was treated for depression and addiction between 2019 and 2022. Initially he found relief from a new kind of prescription elsewhere. But by the time he took his own life in November 2023, aged 34, his medicine was making him worse. In January, an inquest concluded that Robinson’s prescription for medicinal cannabis had “probably contributed to his death”. Catherine McKenna, the coroner for Manchester North, also ruled that his continued use of the prescription, first issued to him in May 2022 by Curaleaf Clinic, a private cannabis provider, “acted as an obstacle” to him receiving appropriate psychiatric and addiction care. His family understand this to be the first ruling of its kind. Continue reading...
Key PointsAndrew Brophy sold 2,490 shares for a total transaction value of ~$54,000 on Feb. 26, 2026, at a weighted average price of around $21.75 per share.
Key PointsAndrew Brophy sold 2,490 shares for a total transaction value of ~$54,000 on Feb. 26, 2026, at a weighted average price of around $21.75 per share.
knowlesgallery/iStock Editorial via Getty Images Mainstream DDR5 16GB DRAM product prices have declined 6% since Micron Technology ( MU ) reported its second-quarter earnings on March 18, prompting Citi to reduce its price target on the stock to $425 from $510. "That said, Micron and its memory peers have begun negotiations with the hyperscalers on 3-5 year strategic or long-term agreements to loc...
knowlesgallery/iStock Editorial via Getty Images Mainstream DDR5 16GB DRAM product prices have declined 6% since Micron Technology ( MU ) reported its second-quarter earnings on March 18, prompting Citi to reduce its price target on the stock to $425 from $510. "That said, Micron and its memory peers have begun negotiations with the hyperscalers on 3-5 year strategic or long-term agreements to lock in base volumes, prepayments, and adjustments to quarterly pricing based on market conditions, which should provide support to contract prices, in our view," said Citi analysts in a Tuesday investor note. Citi also indicated that Google's ( GOOG )( GOOGL ) TurboQuant buzz has led to the lower spot price on DRAM. "Citi expects TurboQuant to have similar effects to DeepSeek ( DEEPSEEK )," the financial firm noted. "At face value, a new efficiency technique such as TurboQuant reduces AI compute and memory cost per inquiry, but it also further unlocks usage, which ultimately increases compute/memory demand. We see the computing demand as a function of (1) individual computing needs and (2) usage. Demand for compute/memory shrinking will depend on the differential between how much (1) is coming down via innovations and (2) is going up as a factor of lower computing cost. Historically, we think cheaper technology has mostly increased the demand for more technology. We see AI as no different." Since Google revealed TurboQuant in a blog post on March 24, Micron's share price has declined by 19%. The decline has spread across memory and storage stocks, including Western Digital ( WDC ), Seagate Technology ( STX ), and Sandisk ( SNDK ). "TurboQuant, as described in the Google Research Blog in detail, is a compression technique that promises model size reduction via new quantization techniques," Citi noted. "This eases KV cache and vector search calculations. In a nutshell, TurboQuant first randomly rotates the data vectors to find key marking via the PolarQuant technique to simplif...
knowlesgallery/iStock Editorial via Getty Images Mainstream DDR5 16GB DRAM product prices have declined 6% since Micron Technology ( MU ) reported its second-quarter earnings on March 18, prompting Citi to reduce its price target on the stock to $425 from $510. "That said, Micron and its memory peers have begun negotiations with the hyperscalers on 3-5 year strategic or long-term agreements to loc...
knowlesgallery/iStock Editorial via Getty Images Mainstream DDR5 16GB DRAM product prices have declined 6% since Micron Technology ( MU ) reported its second-quarter earnings on March 18, prompting Citi to reduce its price target on the stock to $425 from $510. "That said, Micron and its memory peers have begun negotiations with the hyperscalers on 3-5 year strategic or long-term agreements to lock in base volumes, prepayments, and adjustments to quarterly pricing based on market conditions, which should provide support to contract prices, in our view," said Citi analysts in a Tuesday investor note. Citi also indicated that Google's ( GOOG )( GOOGL ) TurboQuant buzz has led to the lower spot price on DRAM. "Citi expects TurboQuant to have similar effects to DeepSeek ( DEEPSEEK )," the financial firm noted. "At face value, a new efficiency technique such as TurboQuant reduces AI compute and memory cost per inquiry, but it also further unlocks usage, which ultimately increases compute/memory demand. We see the computing demand as a function of (1) individual computing needs and (2) usage. Demand for compute/memory shrinking will depend on the differential between how much (1) is coming down via innovations and (2) is going up as a factor of lower computing cost. Historically, we think cheaper technology has mostly increased the demand for more technology. We see AI as no different." Since Google revealed TurboQuant in a blog post on March 24, Micron's share price has declined by 19%. The decline has spread across memory and storage stocks, including Western Digital ( WDC ), Seagate Technology ( STX ), and Sandisk ( SNDK ). "TurboQuant, as described in the Google Research Blog in detail, is a compression technique that promises model size reduction via new quantization techniques," Citi noted. "This eases KV cache and vector search calculations. In a nutshell, TurboQuant first randomly rotates the data vectors to find key marking via the PolarQuant technique to simplif...
Photo: VCG On March 26, the European Parliament overwhelmingly approved the Turnberry Agreement with the U.S. Billed as a transatlantic reconciliation, the pact is in reality a defensive compromise. The European Union is attempting to thread the needle between securing strategic autonomy and maintaining its alliance with Washington. But this recalibration of the global economic order pushes China ...
Photo: VCG On March 26, the European Parliament overwhelmingly approved the Turnberry Agreement with the U.S. Billed as a transatlantic reconciliation, the pact is in reality a defensive compromise. The European Union is attempting to thread the needle between securing strategic autonomy and maintaining its alliance with Washington. But this recalibration of the global economic order pushes China to a critical crossroads, fraught with both intense pressure and unexpected opportunity.
Slowing auto sales and rising costs are putting pressure on the auto parts retailers, but AAP and DRVN stand out with growth plans, strong networks and improving margins.
Slowing auto sales and rising costs are putting pressure on the auto parts retailers, but AAP and DRVN stand out with growth plans, strong networks and improving margins.
(RTTNews) - Canadian shares likely to open higher Tuesday morning, tracking steady European markets and higher precious metals prices. A report in Washington post saying that the Trump administration is willing to end U.S. military operations against Iran even if the Strait of Ho
(RTTNews) - Canadian shares likely to open higher Tuesday morning, tracking steady European markets and higher precious metals prices. A report in Washington post saying that the Trump administration is willing to end U.S. military operations against Iran even if the Strait of Ho
Sundry Photography Cisco Systems ( CSCO ), Arista Networks ( ANET ), and Motorola Solutions ( MSI ) are Truist's favorite networking stocks, as the investment firm sees the trio benefiting from artificial intelligence spending. “Networking/Hardware represents the group most directly linked to elevated AI/cloud investment, at a time when US hyperscaler capex alone is forecasted to total ~$700bn in ...
Sundry Photography Cisco Systems ( CSCO ), Arista Networks ( ANET ), and Motorola Solutions ( MSI ) are Truist's favorite networking stocks, as the investment firm sees the trio benefiting from artificial intelligence spending. “Networking/Hardware represents the group most directly linked to elevated AI/cloud investment, at a time when US hyperscaler capex alone is forecasted to total ~$700bn in 2026E, up nearly 60% yoy (following +66% and +55% the last two years!),” analyst Matthew Niknam wrote in a note to clients. Niknam added that looking beyond just the AI spending, the transition to inference from training has resulted in more spending in areas such as traditional servers and campus networking. “ That said, we also favor a more selective approach to the stocks , considering relatively higher valuations ( at/near decade+ highs, in select cases ), and our expectation for more inflationary headwinds ( memory, shipping/freight, on top of existing tariff impacts ) that could impact volumes/demand in forward periods,” Niknam added. Niknam has a Buy rating on Cisco, Arista, and Motorola Solutions, and his price targets are $94, $161, and $540, respectively. More on Arista Networks, Cisco, and Motorola Motorola Solutions: Continued M&A, Still No Appeal Arista Networks Is Powering The Fabric That Powers AI Arista Networks: All Ready To Storm To New Highs (Upgrade) Dividend Roundup: Micron Technology, Cisco, Nucor, Freeport-McMoRan, and more Motorola inks agreement to acquire Bell's mobile radio networks services business