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Investors are blasted with all kinds of news stories. Those with limited time are best off observing the market as it is and making hard, big-picture calls.
Warren Buffett has said he paid too much for Precision Castparts in 2016. Now its complex metal castings are in high demand.
Trump said he expects the Iran war to end shortly after November's mid-term elections and oil prices to fall afterward. Oil prices pulled back Friday but posted sharp weekly gains as Brent settled above $104 a barrel and WTI above $100.
Saudi Arabia shut its East-West Pipeline as a precaution after multiple attacks, threatening a crucial route for moving crude to the Red Sea while bypassing disruptions in the Strait of Hormuz. Bloomberg Economics' Ziad Daoud says prolonged disruption could tighten global energy supplies further, adding pressure to oil and US diesel prices.
Comstock's SOCAR and Jones deals reduce its projected year-end 2027 net debt from around $4 billion to under $2 billion. This relieves financial pressure as it attempts to work on its Western Haynesville economics. The SOCAR deal appears to be around 7x EBITDAX at $3.30 NYMEX natural gas.
Entergy is well-positioned to convert new industrial demand into regulated earnings growth, supporting a bullish investment thesis. ETR's premium valuation is justified by robust capital investment plans, visible customer commitments, and regulatory approvals, though execution risk remains. Industrial sales growth, capital recovery, and EPS must rise in tandem; delays or regulatory setbacks could undermine the investment case.
Inflation is reaccelerating in the most politically painful areas, with energy costs driving headline CPI higher just as the Fed approaches a crucial September decision. The ECB's recent rate hike only raises the stakes further.
U.S. President Donald Trump said on Saturday that Iran was probably responsible for an aerial attack on Saudi Arabia that shut down its East-West pipeline, one of the kingdom's main routes for exporting crude while bypassing the Strait of Hormuz.
A growing consumer push to buy Canadian and boycott U.S. products is reshaping supermarket shelves in Canada, forcing grocers to improve country-of-origin labeling and secure new sources of supply.
Snap is rated a buy for risk capital, balancing high upside with significant risks in a consolidating social media landscape. Global monthly active users grew 4% year-over-year to 971 million, but North American MAUs declined, raising a key red flag. Revenue rose 19% year-over-year to nearly $1.6 billion, with average revenue per user increasing and net margin improving to -10%.
Heart disease remains humanity's top killer, yet for drugmakers and Wall Street, it is becoming one of the hardest places to make money.
OPEC's historical grip on the global oil market is weakening as some members prioritize immediate sales over production limits. With the UAE already out and Venezuela mulling its options, Saudi Arabia's ability to sway energy markets is becoming precarious.
The FAB 10 and MANGOS equity baskets have garnered attention as investors rotate into frontier tech favorites such as SpaceX, and eye Anthropic and OpenAI's IPOs. Amid potential market rotations, Single Stock futures offer a new way for market participants to manage risks tied to some of the biggest tech names.
The global bond market rout this week showed signs of turning disorderly. The rates market ended the week pricing 2.0 hikes by year-end, up from 1.35 at Monday's close.
Lakeland Industries remains a Buy, but I lower my target to $14.50 from $18.00 due to revised margin and litigation risk. Gross margin improved to 37%, but only half was structural; excluding a one-time tariff refund, the true margin was 34%. Operating expenses rose to 32% of sales, delaying meaningful operating income until at least fiscal 2029 in my updated base case.
