ServiceNow Stock Plunges 15% as SaaSpocalypse Debate Reignites
ServiceNow’s shares tumbled 15% after the company missed Q1 earnings expectations and analysts slashed price targets, citing a 75‑basis‑point headwind from delayed Middle‑East on‑premise deals tied to the Iran‑Israel conflict. The fallout spilled over to rival Salesforce, whose stock slipped 9% following a brief 7.8% rally at its TrailblazerDX event. Both firms are navigating a broader "SaaSpocalypse" narrative, where AI hype, geopolitical uncertainty, and a sector‑wide repricing pressure valuations. Despite solid revenue growth and a $1.5 billion AI forecast for 2026, ServiceNow’s consumption‑based model remains hard for analysts to benchmark.
TNPL FY26 Profit Rises on Deferred Tax Restatement
Tamil Nadu Newsprint and Papers Ltd (TNPL) posted a full‑year net profit of ₹248 crore (≈$30 million) for FY26, a sharp rise from ₹4 crore the prior year, driven largely by a ₹219 crore (≈$26 million) deferred tax reversal after adopting India’s new tax regime. Quarterly revenue slipped to...
Affordable Home Budget on $10/Hour, 21‑Hour Weeks
How Much You Can Afford For a House If You Make $10/ Hour working 21 hours per week
Intel Shares Surge on AI Boom to Surpass Dotcom Bubble High
Intel’s stock jumped more than 12% in after‑hours trading, pushing the share price above $58 and eclipsing the peak it hit during the 2000 dot‑com bubble. The rally was sparked by strong earnings guidance and a surge in demand for...
Pairing Short Oil with Short Stocks Beats Single Trades
Because people are narrow minded and can't think. Let me clarify. Also feel free to ask a question instead of asking your guru to explain in chats. I could be wrong of course but my view shouldn't have...
Transition Loans Still Struggling with 'Murky' Divide From Green (Debt Conference)
Six months after the International Capital Market Association released the Transition Loan Principles, the market remains unsettled about how transition loans differ from green loans. Lenders and borrowers struggle to define the point at which a transition investment ceases to...
Indicator of the Day (Video): Nasdaq – Breadth Thrust
The Hedge Fund Tips brief spotlights the Nasdaq Breadth Thrust (NBD) indicator, pairing it with a dual‑chart that tracks the metric against the Nasdaq Composite from August 2023 through April 2026. Breadth Thrust gauges the ratio of advancing to declining Nasdaq stocks,...
Daily Memo: EU Announces New Sanctions on Russia
The European Union approved its 20th sanctions package against Russia, widening curbs on oil exports. The new measures place 46 additional tankers on a sanctions list and prohibit technical maintenance and related services for Russian tankers and icebreakers. Transactions with...
Nasdaq/Dow Ratio Hits Record, Tech Leads Market
The Nasdaq 100 to Dow ratio (tech to blue chip) gapped to a record high this morning - overtaking October's previous peak. Intel earnings certainly helped. Is this a sign that AI and tech is a leading theme again? Is...
SMH's 33% Four‑Week Surge Signals Potential Top
$SMH rallied 33% in the last 4 weeks. Since 2009, it rallied 27%+ in 4 weeks only 3 other times: after the 2020 Covid crash, after the 2022 bear market low, and after the 2025 tariff crash. Add to that...
Iridius Raises $8.6M Seed Round to Build Compliance-by-Design AI Platform for Regulated Enterprise Workflows
Iridius announced an $8.6 million seed round led by Chalfen Ventures, with participation from Osage Venture Partners, Accenture Ventures, and Rock Yard Ventures. The startup is building a compliance‑by‑design AI platform that embeds regulatory rules directly into enterprise workflows, turning compliance...
Beyond Growth: Prioritizing Moats and Quality in AI
I'm always baffled how most investors seem to obsess over top revenue growth numbers these days and seem to take that as a universal prediction of future success in AI. Maybe we're finally starting to get back to more sanity...
Fed Could Cut Rates in June to Avoid Instability
Fed might cut rates in June, not because inflation is beaten, but to dodge a financial stability risk. Cooling jobs data + oil spikes that are "transitory" could tip the scales. Keeping an eye on the May jobs report. 🧠💰...
Morning Rant – 4/24/26
On April 24, 2026, JB released his daily "Morning Rant," a concise market briefing that highlighted modest gains in U.S. equity indices, mixed corporate earnings, and evolving Federal Reserve policy. The commentary noted a dip in oil prices below $80 per barrel...
Euphoric Markets Signal Imminent Bear Turnaround
Woke up, checked the markets. Everything green. Bulls are high-fiving each other. And I'm sitting here thinking — this is exactly when it gets dangerous. The tape feels euphoric right now. That is not a bullish signal, that's a warning....
Record Mortgage Renewals Spur Higher Rates, Dampening Spring Market
Will Higher Fixed Mortgage Rates Slow Down An Already Slow Spring Real Estate Market? PROBABLY Thing is when you're coming off ridiculously low 2025 Home Sales numbers in BC & Ontario: a very small increase in resales is inevitable But very bad...
StockTA's Steuer: Market's Rally Has It Due for a Pause, Awaiting Clarity
The episode explores why the recent market rally may be pausing, with Kevin Stewart of StockTA citing heightened geopolitical risks, oil price volatility, and inflation concerns that have pushed him out of equities more than any time since COVID. Guests...
Markets Overbought, Expect Pullback; Trader Sets Stops
Hey, it is Friday (my least favorite day to trade) the markets are stretched and for the health of the market (QQQ, SPY etc.) they need to start basing. Doesn't mean they will. They can continue to...
Apr 23 | Commodity Week
In the April 23 edition of Commodity Week, Todd Gleason and panelists Brian Stark (The Andersons), Kurt Kimmel (AgMarket.net) and Dave Chatterton (Strategic Farm Marketing) dissected the current U.S. corn and soybean markets. They highlighted a strengthening corn and bean basis,...
Gold Prices Firm up in India as Rupee Depreciates Against Dollar
Indian gold prices rose on Friday to ₹1,51,479 per 10 g (≈ $1,825), as the rupee kept weakening against the dollar. At the same time, global spot gold slipped 0.2% to $4,685 an ounce, marking a roughly 3% decline for the week....
VOO and Chill Defies Doom, Stocks Jump 9%
Wrote today about how 'VOO and Chill' (America's #1 inv strategy) won again, claiming another victory vs the overthinkers and doomer columnists who told us it was all over a month ago as media mentions of "war" spiked. Instead, stocks...
Brent Climbs $14 This Week, Hormuz Market Steady
Brent crude (June futs) currently up just more than $14/bbl on the week. Just another normal week in the Hormuz market. https://t.co/j33nO5RKff
‘Things That Look Contrarian Is Kind of What We Do’
At San Francisco Climate Week, Heatmap House hosted a roundtable of climate‑focused investors who specialize in contrarian bets on breakthrough technologies. Prelude Ventures, Azolla Ventures and Toba Capital highlighted their willingness to fund “weird, non‑consensus” ideas ranging from cultivated‑meat AI platforms...
Nvidia Shares Surge 3.7% Amid DeepSeek AI Concerns
Amazing back-to-back heds on the Terminal: Nvidia Stock Faces Headache From DeepSeek's New AI Model (Barron’s) *NVIDIA EXTENDS GAIN TO SESSION-HIGH 3.7% (BBG)
Expect Powell to Dodge Political Pressure at Final Press Conference
I would like to hear Powell's unvarnished opinion on political pressure on the Fed next week in his final press conference following the FOMC decision...but I suspect he will abstain do to 'respect for the office' or some such
Fiduciary Management, Inc.’s Q1 2026 Investor Letter
Fiduciary Management, Inc. (FMI) released its Q1 2026 investor letter, noting that the Iran war triggered a sharp sell‑off in global equities. The S&P 500 fell 4.33% and MSCI World dropped 3.57%, while the Russell 2000 and MSCI EAFE slipped 0.89% and 1.24% respectively....
Charter Set to Eclipse Comcast as Top ISP
Charter, after finalizing the Cox acquisition later this year, will become the largest Internet Service Provider in the U.S., overtaking @Comcast. But Charter CEO Chris Winfrey is denied access to the @Cablefax 100 VIP skybox? Comcast, meanwhile, gets not one...
SPX Diverges From SPLV, Fails New Highs
Not fatal, but a divergence to watch near-term is SPX vs. SPLV. Failed to make new highs with the index last week (just like the fall) and turning lower at resistance this week https://t.co/Jvl11woJOk
Middle East Stasis Set to Keep Fed on Hold at Chair Powell’s Swan Song
Federal Reserve Chair Jerome Powell’s term ends on May 15, but he has signaled he may remain chair pro tempore amid political friction with the White House. The April FOMC meeting is expected to hold rates steady, with Fed funds futures...
Strait of Hormuz Declared Open, yet Traffic Declines
He might still be in X jail, but interesting note from @sonusvarghese here. Last Friday (April 17th), President Trump and Iran’s foreign minister declared that the Strait of Hormuz was open. Over the past week, tanker crossings across the Strait have...
2‑Year Yield Leads Curve Steepening After DOJ News
No great surprise that the curve steepened on the DOJ news. 2y the king here outpacing the belly with even 2s5s a touch steeper
Broker’s Call: Fortis Healthcare (Buy)
Motilal Oswal initiates coverage on Fortis Healthcare with a Buy rating, setting a target of ₹1,100 (≈ $13) versus the current price of ₹928.10 (≈ $11). Since IHH Healthcare took over in FY‑19, the hospital chain has cleaned up its balance sheet,...
SOXX‑Beta Basket Correlation Peaks Since 2025 V‑Recovery
You can’t spell semiconductors without “V”* 21-session correlation between $SOXX and Goldman’s high beta momo long basket hasn’t been this strong since the April 2025 V-shaped recovery *well you can, but https://t.co/Y5jw7I7M1H
AMD Shows Value of Adding to Let‑it‑ride Pile
$AMD a great example of why I like to get names to the let it ride pile. Upping the stop again
Michael Burry Adds a New Microsoft Bet, Doubles Down on Software
Investor Michael Burry disclosed a new long position in Microsoft, adding to his recent builds in MSCI, PayPal and Adobe. He argues that deep price declines—Microsoft down 25%, PayPal 37% and Adobe 54%—have created oversold opportunities in software and fintech....
Trump’s First Energy Move: Lobbying OPEC, Revealing Market Savvy
First substantive action Trump took on energy after he was inaugurated was to lobby OPEC (Saudi Arabia & UAE) to produce more to bring down prices. While I think that was a misguided action, it showed Trump had a better...
Chip Rally Lifts Qualcomm Stock Higher
The chip rally is so intense that even Qualcomm gets to go up $QCOM https://t.co/JHUQyG5MUs https://t.co/yQSvYsEvZ4
IGC Pares Global Grain Output Projections for 2026-27 by 3 Million Tonnes
The International Grains Council lowered its 2026‑27 global grain output forecast by 3 million tonnes to 2.414 billion tonnes, citing fertilizer affordability concerns tied to the West Asia war. The cut applies across major crops, including wheat and maize, and reduces the...
April
Back in the Lej/lem at 3.30 This trade is in delivery and not a recommendation. Still think April goes off 5 bucks over June. Will risk a buck on it.
Tight Range in Defensive USFD; Watch for Break Below 20‑SMA
Nice tight range in a more defensive name $USFD no position yet, make the trade your own, my worst case stop would go below the WTD low at the 20sma chart from @marketsurge https://t.co/IHDzkzl0Sw
Bruker Announces Date and Time of First Quarter 2026 Earnings Release and Webcast
Bruker Corporation announced that it will release its first‑quarter 2026 financial results before the market opens on Wednesday, May 6, 2026, at 8:00 a.m. Eastern Time. The earnings discussion will be streamed live via the company’s investor‑relations website and also available by telephone,...
US Market Resilience Fueled by Broadening Earnings Revisions
Behind the resilience of the US market is broader earnings. While cap-weighted earnings’ contribution remains Tech heavy, as it’s been for years, we’ve move up to a broader number of companies seeing positive EPS revisions alongside the continue strength in...
Chhangani’s CIPS Data and Lipsky Cited in NY Times Article
The New York Times cited Atlantic Council experts Alisha Chhangani and Josh Lipsky in a piece on China’s Cross‑Border Interbank Payment System (CIPS) and its growing role in Iran’s trade. Chhangani’s data show CIPS transaction volumes with Iran surged to...
Updated Equity Rally Outlook and Quant Model Status
Joined @TheKEReport yesterday to update our outlook for the equity rally & status of our quant models. Also touched on the technical picture for software, semis, and the metals complex. Check it out... $IGV $SPY $SMH $SLV $GDX https://t.co/stOrJq6zle
Mahindra Finance Q4 Profit Jumps 55%, FY26 Earnings up 19%
Mahindra Finance posted a 55% jump in Q4 FY26 profit after tax, reaching ₹873 crore (≈ $105 million) versus ₹563 crore a year earlier. Disbursements rose 11% to ₹17,184 crore (≈ $2.06 billion) and assets under management grew 12% to ₹1.34 lakh crore (≈ $16.1 billion). Net interest margin expanded by...
Donovan and Nikoladze Cited in FXStreet Article Stating that Central Banks Building up Gold Reserves to Shield From Sanctions or...
In a recent FXStreet analysis, Atlantic Council experts Kimberly Donovan and Maia Nikoladze highlighted a surge in central‑bank gold purchases. They argue that banks are stockpiling the metal to hedge against potential sanctions and a looming financial crisis. The commentary...
Iran's Oil Sales Surge, Economy Strengthens Amid War
My take on @PalisadesRadio on why Iran is winning: "Since the US-Israeli war on Iran began, Iran has been selling more crude at HIGHER PRICES. Iran’s oil revenue has increased, the rial has appreciated, & inflation has come down." https://t.co/6yxURxFAlZ
QCOM Poised for Lift with New DC CPU Launch
$QCOM should get a boost from launching a DC CPU. A much needed one. 💪🏻
Sovereign Debt Reset Barely Pauses for Reflection
The IMF and World Bank convened their spring meetings without headline‑grabbing defaults, but sovereign‑debt initiatives dominated the agenda. An official‑private sector forum, born out of the Russia‑Ukraine crisis, reported that five restructuring cases are near completion, with Ethiopia the only...
Chhangani’s CIPS Data and Lipsky Cited in Article by The Economist Discussing the Positive Impacts of the America-Iran War on...
The Economist cited research from Chhangani and Lipsky showing that the ongoing America‑Iran conflict has boosted the adoption of China’s Cross‑Border Interbank Payment System (CIPS). Data indicate a roughly 40% jump in CIPS transaction volume as Iranian firms seek alternatives...