Broker’s Call: Aptus Value, Aadhar Housing Fin (Outperform)
Bernstein reiterates Outperform ratings on Aptus Value Housing Finance and Aadhar Housing Finance. Aptus posted 25% YoY EPS growth, a 7.3‑7.4% return on assets and aims for ₹25,000 cr (≈$3.0 bn) AUM by FY29 while planning 60‑70 new branches. Aadhar’s AUM rose 21% YoY, with guidance of 18‑20% growth and a 40‑50 branch expansion, leveraging a diversified geographic footprint. The broker sees the broader affordable‑housing finance segment at an inflection point, with improving asset quality and attractive valuations.
BlackBerry Beats Q4 2025 Guidance on Revenue and EPS, Powered by QNX Surge
BlackBerry reported Q4 2025 revenue of $141.7 million and adjusted EPS of $0.03, both above the top end of its guidance. The outperformance was driven by the QNX division, which posted $65.8 million in revenue and maintained an 83% gross margin. The...
Greg Abel Becomes Berkshire CEO, Puts $46 B Into Japan as Top Investment Idea
Greg Abel assumed the chief executive role at Berkshire Hathaway on Dec. 31, 2025, and immediately earmarked $46 billion of the conglomerate’s $316 billion investment portfolio for Japanese trading houses and insurers. The move marks the largest single‑region allocation in Berkshire’s history and...
Most Stocks Lose 85% and Half Never Recover
Michael Mauboussin on drawdowns "The median drawdown for the 6,500 stocks in our sample from 1985-2024 was 85 percent and took 2.5 years from peak to trough. More than one-half of all stocks never recover to their prior highs."
Liberia’s Central Bank to Print New Banknotes to Ease Cash Shortage
The Central Bank of Liberia announced a new banknote‑printing program to replace mutilated notes and match expanding transactional demand. Deputy Director P. Mah Kruah said the move is coordinated with the IMF and will be sized to market needs, while officials...
Iran‑U.S. Ceasefire Sends Oil 16% Lower, Spurs Stock Rally, Dollar Hits 4‑Week Low
President Donald Trump's announcement of a two‑week ceasefire with Iran sent U.S. crude down 16.4% to $94.41 a barrel, sparked a 2.5% jump in the S&P 500, and drove the dollar to its lowest level in four weeks. Traders now...
WATCH: Kalshi Founders Talk Insider Trading, Gambling, Don Jr. On "The Axios Show"
Kalshi, a New York‑based prediction‑market platform, disclosed on the Axios Show that it processed nearly $13 billion in bets last month and is raising new private capital at a $22 billion valuation. The founders argue the service functions like a regulated exchange,...
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CoreWeave Stock Looks to Extend Gains on Expanded Meta Data Center Deal
CoreWeave announced an expanded AI‑cloud capacity agreement with Meta worth roughly $21 billion, extending the partnership through December 2032. The deal builds on a prior $14 billion arrangement and aligns with Meta's projected 2026 capital expenditures of $115‑$135 billion. CoreWeave’s stock jumped about 3%...
Top 4 Fidelity Mutual Funds to Buy for Growth and Diversification
U.S. equities have rebounded from a weak first quarter, driven by technology and consumer‑discretionary stocks as geopolitical tensions ease. In this environment, Zacks recommends four Fidelity mutual funds that combine strong multi‑year returns with expense ratios below 1%. The funds—FIKGX,...
U.S.–Iran Ceasefire Triggers Global Bond Rally, 10‑Year Yields Drop 8 Bps
The announcement of a two‑week ceasefire between the United States and Iran sent U.S. 10‑year Treasury yields down 8 basis points to 4.23% and sparked a broad rally in sovereign bonds worldwide. The move erased a sizable risk premium on...
Phunware Holds $100M Cash on $38M Market Cap
Any idea what is going on with Phunware $PHUN? $100m net cash on a market cap of roughly $38m, a result of its comfi ATM usage last year. Over 80% of its total assets is just cash. No idea (yet) what...
BlackBerry Upbeat About Quarterly Revenue on Turnaround
BlackBerry forecast first‑quarter revenue of $132‑$140 million, topping the $129.9 million consensus, as its software‑centric turnaround gains momentum. The QNX embedded‑systems unit posted a 20% revenue jump to $78.7 million and a royalty backlog near $950 million, while its secure communications segment rose 8%...
Exel Gaming Accelerator Reopens with up to $300,000 in Funding for Third Cohort
Exel Gaming Accelerator has reopened for its third cohort, offering up to $300,000 in combined cash and in‑kind support. Startups can receive up to $150,000 in cash plus $150,000 worth of services, weekly mentorship, and an AI‑focused curriculum. The program...
Mooted South China Sea Oil Deal with China Draws Fire in Manila
The Philippines is weighing a joint oil‑exploration pact with China despite a national energy emergency and soaring fuel prices. Lawmakers and nationalist groups have condemned the talks, arguing they send the wrong signal to a territorial aggressor and could compromise...
Richmond's New 'Stadium District' Will Include Hundreds of Homes, Offices, Jobs
Richmond, Virginia is launching a private‑public "Diamond District" anchored by the new CarMax Park minor‑league baseball stadium. The mixed‑use plan adds 161 middle‑income and 730 market‑rate housing units, office space and job opportunities. The city issued roughly $130 million in bonds...
3 Dividend Aristocrats Whose Yields Can Help Combat Inflation
Investors seeking inflation protection are turning to three Dividend Aristocrats—Amcor, Chevron and AbbVie—each offering yields above 3% and decades of dividend growth. Amcor trades at a 6.3% yield with a 27‑year payout streak, while Chevron provides a 3.6% yield backed...
3 Canadian E&P Stocks Benefiting From a Tight Oil Market
Zacks highlights a tight oil market and expanding LNG capacity as catalysts for Canadian exploration‑and‑production firms, naming Canadian Natural Resources, Baytex Energy and ARC Resources as top picks. The industry outperformed the broader oil‑energy sector, delivering a 79.2% gain versus...
The Market Brief
The Market Brief notes that the initial optimism from a two‑week cease‑fire is fading as markets give back Wednesday’s gains. Systematic macro hedge funds (CTAs) were positioned deep short the S&P 500 and max long WTI crude before the April 7 moves,...
CoreWeave Tapping Junk Debt Market After Meta AI Computing Deal
CoreWeave is issuing $1.25 billion of junk‑bond notes due 2031 after expanding its AI compute agreement with Meta Platforms. The private placement will fund general corporate purposes and refinance existing debt. The move highlights CoreWeave’s confidence in scaling AI‑focused cloud services...
Dividend Stocks Merge In $1.7 Billion Deal; This One Rockets
Whitestone REIT agreed to be acquired by Ares Management’s real‑estate funds for $19 per share, a cash deal worth $1.7 billion and representing a 12.2% premium to the prior close. The transaction will take Whitestone private after closing in Q3, pending...
Key Fed Inflation Rate Ran Hot Before Oil Prices Jumped; S&P 500 Futures Slip
U.S. personal consumption expenditures (PCE) price index rose 0.4% month‑over‑month, in line with expectations, while core PCE climbed 0.4% against a 0.3% forecast, keeping the 12‑month headline rate at 2.8% and core inflation at 3%. Personal income slipped 0.1% and...
Where Home Prices Increased Most – 2026 Study
SmartAsset’s 2026 study of 100 major U.S. metros shows a mixed picture for home values. While the typical home price fell in 70% of cities, the year‑over‑year change ranged from a 9.1% decline in Oakland to a 5.6% increase in...
Simply Good Foods Slashes Outlook, Slips to Second-Quarter Loss
Simply Good Foods announced a sharp downgrade of its fiscal 2026 outlook, projecting adjusted EBITDA 19%‑22% lower at $217‑$225 million and net sales down 7%‑10% to $1.31‑$1.35 billion. Gross margins are expected to shrink by 300‑350 basis points, and the company posted...
The IPO Buzz: Drone Maker Aevex (AVEX Proposed) Reveals Terms for $312 Million IPO
Aevex Corp., a California‑based drone and unmanned aerial system maker, filed to raise $312 million by offering 16 million shares at $18‑$21 each, with a midpoint price of $19.50 valuing the firm at about $2.18 billion. The IPO will list on the New...
CDL Sets up S$2 Billion Multicurrency Perpetual Securities Issuance Programme
City Developments Ltd (CDL) announced a S$2 billion (~$1.48 billion USD) multicurrency perpetual securities issuance programme. The net proceeds will fund general working capital, corporate funding for CDL and its subsidiaries, and refinance existing borrowings. The perpetual securities carry no fixed maturity,...
THOR Financial Technologies Launches Managed Risk Dynamic ETF (THMR)
THOR Financial Technologies announced the launch of the THOR Managed Risk Dynamic ETF (THMR), an actively managed fund that prioritizes downside protection over market timing. The ETF uses a rules‑based, multi‑strategy framework that shifts between equities, fixed income, commodities and...
Goldman: Oil Could Remain at Crisis Prices for Rest of Year
Goldman Sachs warned that oil prices could stay above $100 a barrel for the remainder of 2026 if the Strait of Hormuz remains closed for another month. The strategic waterway, which carries roughly one‑fifth of global seaborne oil, has been...
Estonia’s Handhold Secures €3M Seed to Automate B2B Software Sales with AI Agents
Estonia‑based Handhold raised €3 million (≈$3.3 million) in a seed round led by Entourage Capital to automate inbound B2B software sales with multimodal AI agents. The platform assigns each lead a virtual “account manager” that qualifies prospects, delivers custom demos, and guides...
François Villeroy De Galhau: Navigating an Uncertain World - Steering Monetary Policy in the Right Direction to Hold Our Course
At a Sciences Po address on April 2, 2026, Bank of France Governor François Villeroy de Galhau highlighted that the eurozone entered the year with a rare "2 % inflation, 2 % interest rate" equilibrium. He warned that the ongoing Middle East conflict could reignite...
US Stock Market Today: Dow, S&P 500 Futures Fall over 0.5% as Middle East Tensions Resurface
US stock futures slipped 0.3‑0.6% on Thursday as renewed Middle East tensions cast doubt on the two‑week ceasefire between Iran and Israel. The Dow, S&P 500 and Nasdaq all gave back gains from Wednesday’s rally. Iran’s claim that Israel breached the...
Rush to Take Pension Lump Sum Early Hits Five Year High over Inheritance Tax Fears
A record 116,000 Britons aged 55 took tax‑free pension lump‑sum withdrawals in 2024/25, pulling out £2.3 bn (about $2.9 bn), the highest level in five years. The surge follows the 2024 Autumn Budget announcement that unused pension pots will face up to...
Iran Says U.S. Breached Ceasefire, Anthropic's Court Loss, Rate Cut Odds and More in Morning Squawk
The Dow surged over 1,300 points even as Iran accused the United States of breaching their cease‑fire agreement, sparking concerns over oil‑tanker traffic in the Strait of Hormuz and nudging crude prices higher. In Washington, a federal appeals court denied...
Will 2026 Be Better for Corn Farmers Than 2024 and 2025
The Kansas City Federal Reserve released an updated forecast showing a higher profit per bushel for corn farmers in 2026 than in 2024 and 2025. The new estimate reflects a modest rebound in corn prices combined with relatively stable input...
A Record 34% of February Home Sellers Cut Their List Price
In February 2026, a record 34.2% of U.S. home sellers lowered their list price, the highest share since Redfin began tracking in 2012. Sellers who cut prices reduced them by an average of $40,915, or 7.3%, while the overall average...
Office-to-Residential Success Demands Cost, Capital, City Alignment
First office-to-residential conversion in Old Town Alexandria just delivered 199 units — 40% leased out of the gate. The developer said it plainly: conversion isn’t right for every building. Cost basis, capital structure, city partnership. All three have to work....
Institutional Net Call Buying Hits Record Since Conflict Start
"Yesterday saw the biggest day of institutional net call buying since the conflict began in our data" --@vandaresearch
TMTB Morning Wrap
CoreWeave expanded its AI cloud infrastructure agreement with Meta to a $21 billion, decade‑long deal ending in 2032, prompting a 7.8% pre‑market rise in its shares. Morgan Stanley highlighted Meta’s newly launched Muse Spark model as a catalyst, projecting roughly 25% upside...
Corient Expands UHNW Footprint with $5.6B Vivaldi Acquisition
Corient continues its buying spree in the ultra-high-net-worth space, announcing the acquisition of another RIA, Vivaldi Capital ($5.6 billion AUM) They've been on a roll the past year https://t.co/xy8jLFknDZ
Euro's Debt Charade Leaves Spain, Italy, France Vulnerable
The Euro got hijacked by high-debt countries to foster the illusion they're solvent. But yield caps don't confer fiscal space, which is why - when a shock like Ukraine hits - Spain (ES), Italy (IT) and France (FR) can't help....
How the Strait of Hormuz Stifled a Market Rally
Investors turned bearish as the fragile U.S.-Iran cease‑fire raised doubts about reopening the Strait of Hormuz. The waterway, which moves roughly a quarter of global oil and gas shipments, remains congested, dampening the market rally sparked earlier in the week....
U.S. Corn Exports Surge, Wheat Mixed; Soy Near Lows
🇺🇸U.S. corn export sales last week remained on an above-average pace, headlined by Japan. Soybeans were near a marketing-year low but within expectations. Better-than-expected old-crop wheat sales were offset by a new-crop volume below all analyst estimates. https://t.co/oCqaZxzksH
Amazon Eyes Day‑2 Breakout if 223 Holds
A day after rejecting the breakout $AMZN has a chance to do it day 2. The market is king but if it holds 223 in the opening range this can go. https://t.co/GLyS9ALQui
What to Know About the Bab El-Mandeb Strait as Iran Threatens to Restrict Other Key Trade Passage
Iranian officials have warned they could leverage the Bab el‑Mandeb Strait as a geopolitical bargaining chip, mirroring their threats on the Strait of Hormuz. The chokepoint, which links the Red Sea to the Gulf of Aden, currently handles about 4.2 million...
Avoid Common Tax Mistakes: Verify SSN, Status, Credits
Before you file: Double-check your SSNs Use the right filing status Don’t guess on credits And yes… sign (or e-sign) your return 😅 11 common tax mistakes (and how to avoid them): https://t.co/C5YSDcUi2P
Yesterday's S&P 500 Price Action Recap for Subscribers
New daily post for subs about the price action yesterday. Link in reply below. $SPX 👇 https://t.co/ONkOgOuZXQ
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The Reserve Bank of India: Functions & Role
The Reserve Bank of India (RBI), founded on April 1, 1935 under the RBI Act of 1934, serves as India’s central bank and monetary authority. It formulates and implements monetary policy, regulates currency issuance, and oversees the nation’s credit and foreign‑exchange markets....
Markets Care About Oil, Not Iran's Political Outcome
Regarding Iran, the market's primary concern is oil prices. Whether we "win", " lose", or fail to meet our objectives has little to no relevance for the market.
SLR Acquires Climate Analytics Platforms Planetrics and ClimSystems
SLR, the UK‑based sustainability consultancy, announced the acquisition of climate‑modelling platforms Planetrics and ClimSystems and the rollout of an expanded Digital Services suite. The move addresses rising investor and corporate demand for granular climate‑risk analytics, covering physical hazards and transition...
Italy's Record Deficit Highlights ECB's Debt‑Shielding Role
Italy's cash budget deficit in Mar '26 is the biggest ever, wider even than Mar '20 at the height of COVID. At the root of this lies the ECB, which is co-opted by high-debt countries and protects them from markets....
Manycore Targets $130M Hong Kong IPO
Hangzhou ‘Six Little Dragons’ member Manycore seeks US$130m from Hong Kong IPO The spatial design software developer is selling 161 million shares priced between HK$6.72 and HK$7.62 each, with listing set for April 17 https://t.co/t3Gwcu6MsW via @scmpnews