Big Pharma Is Turning to China for the Newest Drug Ideas
Pfizer is intensifying its search for breakthrough cancer treatments by tapping Chinese biotech. Last summer the company paid $1.25 billion to Shanghai‑based 3SBio for rights to a promising oncology candidate. The move reflects a broader shift as China evolves from a generic‑drug supplier to a hub of cutting‑edge molecular biology research. Pfizer CEO Albert Bourla highlighted the unprecedented pace of Chinese innovation.
Saudi Oil Output, Exports Hit After Attacks on Energy Infrastructure
Saudi Arabia reported that recent attacks on key energy infrastructure knocked out more than 600,000 barrels per day of oil production and slashed East‑West pipeline flows by roughly 700,000 barrels per day. The offshore Manifa field and onshore Khurais complex...
Ovintiv Completes $3-Billion Anadarko Asset Sale, Advances Debt Reduction
Ovintiv has completed the sale of its Anadarko Basin assets in Oklahoma for $3 billion, generating roughly $2.85 billion in net proceeds. The company will use the cash primarily to reduce debt and to redeem $700 million of 5.650% senior notes due 2028...
Longer-Term Impacts From War Constrain SET
The Stock Exchange of Thailand (SET) experienced extreme volatility in March after Israel and the United States began bombing Iran, triggering a circuit‑breaker when the index dropped 8% on March 4. Oil prices surged nearly 40%, sending diesel to over 50 baht...
Iran Ceasefire Eases Markets, Not Singapore’s Concerns
A cease‑fire in the Iran conflict has steadied global risk assets, but Singapore’s foreign affairs minister warned that the worst‑case energy‑supply shock is not fully priced in. Singapore responded with about S$1 billion (≈ $785 million) of support measures and urged reduced electricity...
Wall Street Strategists Wrestle with War’s Toll on 2026 Outlook
A fragile cease‑fire in the Middle East sparked a brief rally, lifting the S&P 500 3.6% – its strongest jump since November – while emerging‑market equities and Bitcoin surged. Wall Street strategists, however, warn the war has already scarred inflation, energy...
Can TechnipFMC Stock Sustain Its Margin Expansion Momentum?
TechnipFMC (FTI) is leveraging its iEPCI integrated delivery model and Subsea 2.0 platform to drive a pronounced expansion in margins, now targeting 21‑22% Subsea‑adjusted EBITDA. Over 80% of new orders are tied to integrated projects, improving pricing power and execution efficiency...
Can Petrobras' Pre-Salt Dominance Keep Driving Strong Growth? (Revised)
Petrobras leveraged its pre‑salt assets to post an 11% production increase in 2025, with pre‑salt fields now supplying 82% of total output. The low‑cost nature of these fields—breakeven often below $40 per barrel—keeps cash flow strong despite volatile oil prices....
Oil Posts Biggest Weekly Loss Since 2020 Ahead of Iran-US Talks
Oil prices slipped sharply as the market digested the prospect of Iran‑U.S. talks. West Texas Intermediate fell 1.3% to below $97 a barrel, while weekly futures dropped 13.4%, marking the steepest decline since 2020. Prices remain over 30% above pre‑conflict...
IRS Issues Final Regs on Occupations Eligible for OBBBA Tips Deduction
The Treasury and IRS issued final regulations defining which occupations qualify for the “no tax on tips” provision of the One Big Beautiful Bill Act (OBBBA). The rules, finalized after a public comment period, enumerate more than 70 tip‑eligible jobs...
S&P’s Lower Philippine Outlook Not a Surprise–Nomura
S&P Global Ratings downgraded the Philippines sovereign outlook to "stable," echoing concerns over twin budget and current‑account deficits. Nomura analysts said the move was anticipated after the flood‑control corruption scandal and an energy shock from the Middle East war heightened...
Bigger Diesel Price Cut if Middle East Truce Holds
The Philippines may see a larger diesel price cut of P5.50‑P6.50 per litre (about $0.10‑$0.12) next week if the Middle‑East cease‑fire endures. The cut follows double‑digit fuel price spikes that pushed diesel above P170/L ($3.10) and gasoline up 54‑72%. The...
Kansas Gov. Laura Kelly Vetoes Property Tax Cap Bill, Pitches Own Solution
Kansas Governor Laura Kelly vetoed Senate Substitute for House Bill 2745, a Republican‑backed proposal that would let a petition of 5% of voters freeze local government budget increases above 3%. Kelly argued the measure would not deliver real property‑tax relief...
Still Time to Chase the Rebound in Amazon Stock?
Amazon’s shares have surged roughly 15% this month as investor sentiment improves following a brief U.S.-Iran cease‑fire. The rally follows an oversold reaction to a modest Q4 earnings miss and a $200 billion capital‑expenditure plan focused on AI‑driven AWS growth. Strong...
Thai Export Pain Set to Continue Despite Mideast Truce
Thai export growth is expected to stall at 0‑1% this year as the Middle East conflict disrupts supply chains and dampens demand in key markets. The partial reopening of the Strait of Hormuz with Iranian tolls raises shipping costs, while...
Mario Gabelli Stock Portfolio: Top 10 Stock Picks
Mario Gabelli, chief of GAMCO Investors, continues to champion value investing with a $10 billion 13F portfolio focused on re‑industrializing America, aerospace, and legacy media assets. In a CNBC interview he highlighted strong business confidence, a looming federal deficit of $7 trillion...
Drawdowns & Rallies: Seeing Through a Fog Darkly (E257)
DoubleLine’s Eric Dhall and Mark Kimbrough dissected market turbulence over the two weeks ending April 10, highlighting how the Middle‑East conflict created a “fog of war” that clouded pricing. The S&P 500 slumped after the Feb 28 war outbreak and surged once a...
Crude Prices Dip Ahead of 'All-Or-Nothing' US-Iran Talks
Crude oil futures fell modestly on Friday as markets awaited a high‑stakes diplomatic meeting between U.S. and Iranian officials in Pakistan. The talks, described as “all‑or‑nothing,” aim to secure a lasting end to the Middle East conflict that has been...
China to Ban Sulfuric Acid Exports as War Hits Supply
China announced a ban on sulfuric acid exports starting in May, targeting acid produced as a by‑product of copper and zinc smelting. The restriction follows supply disruptions caused by the Iran‑Israel war, which has choked sulfur shipments from the Middle...
Gulf Allays Concerns over LNG Supplies
Gulf Development Plc, Thailand’s largest energy firm, said its LNG supply remained stable despite recent spot‑price spikes caused by the Strait of Hormuz closure and disruptions in Qatar’s exports. The company has diversified its gas purchases, notably sourcing from Nigeria,...
Fibrosis Company Avalyn Seeks NASDAQ Listing Amid Volatility: Finance Report
Avalyn Pharma, a Boston biotech focused on inhaled treatments for pulmonary fibrosis, filed a prospectus to list on NASDAQ despite ongoing market volatility. The company’s pipeline includes two Phase II programs: AP01, an inhaled pirfenidone in the Phase IIb MIST trial, and...
#58755
Effective April 10, 2026 the NSCC will no longer accept exercise or assignment activity for Cenntro Inc. (CENN) options, prompting the Options Clearing Corporation (OCC) to shift all such transactions to a broker‑to‑broker settlement model. The underlying deliverable stays 100 CENN shares...
This TSX Oilsands Major Could Jump as Much as 20% on the Iran War and Strait of Hormuz Crisis, Analyst...
Imperial Oil Ltd. (IMO:TSX) surged to C$178.93, far above its 12‑month consensus target of C$139.71. UBS lifted its price target to C$206 (≈US$150) and National Bank to C$212 (≈US$157) after citing tighter oil flows through the Strait of Hormuz and...
This TSX Oilsands Major Could Jump as Much as 20% on the Iran War and Strait of Hormuz Crisis, Analyst...
Imperial Oil Ltd. (IMO:TSX) closed at C$178.93, well above the Bloomberg 12‑month consensus target of C$139.71. UBS Global Research raised its price target to C$206, citing stronger refining margins and a Q1 capital spend of C$475 million (≈US$351 million). National Bank of...
BNY’s BKDV Large-Cap Value ETF Passes $1 Billion in AUM
BNY Mellon’s Dynamic Value ETF (BKDV) topped $1 billion in assets under management on March 16, 2026, after attracting over $280 million of net inflows this year. The fund’s three‑month NAV rose 2.38 % as investors shift toward value‑oriented strategies amid concerns over growth‑stock valuations....
BINC Can Help Stabilize The Portfolio's Future Returns
iShares Flexible Income Active ETF (BINC) is an actively managed multisector bond fund that seeks higher yields through discretionary sector rotation, credit selection, and duration management. The ETF has delivered strong risk‑adjusted returns despite recent macro headwinds and a compressed...
Software Stocks Are Getting Pulverized — but Bitcoin’s Rebound Hints That...
Software stocks have entered a sharp correction, with the WisdomTree Cloud Computing Fund falling to $24.09, its lowest level since early 2023, and the iShares Expanded Tech‑Software ETF down more than 9% since February. Analysts cite AI‑driven cost compression as...
Where Fixed Income Investors Are Finding Yield as Geopolitical Risk Rattles Markets
Geopolitical tension from the Iran war has rattled fixed‑income markets, pushing Treasury yields higher and driving a 9% drop in broad equity indices. Strategists advise investors to focus on the "belly" of the Treasury curve (2‑10 years) while maintaining short‑to‑neutral...
Why Brokers Should Leverage Construction Lending to Capture Investor Business
Mortgage brokers can tap a growing investor market as the U.S. faces a chronic housing shortage. About 30% of all mortgage transactions now involve investors, many of whom need construction, fix‑and‑flip, and bridge financing. Institutional capital has entered the construction‑loan...
Near-Record Storage, Early Snowmelt Hammer Western Gas Demand
An unusually warm winter has driven gas inventories across the western United States to near‑record levels, with storage now approaching 96% of historical capacity. The rapid snowmelt has also depleted the region’s snowpack, reducing hydroelectric generation by roughly 30% earlier...
Market View: US Gas Futures Tumble to 18-Month Low
U.S. natural‑gas futures dropped to an 18‑month trough this week as seasonal demand weakened during the shoulder months. A brief burst of colder weather was insufficient to lift prices, which slipped to roughly $1.70 per MMBtu, the lowest level since...
Taiwan Semiconductor Manufacturing (TSM): The Best Under-The-Radar AI Stock in Billionaire Ken Fisher’s Portfolio?
Taiwan Semiconductor Manufacturing (TSM) dominates roughly 70% of the global foundry market and leads advanced‑node production at 7 nm and below. Its $5.51 billion stake in billionaire Ken Fisher’s portfolio highlights the chipmaker’s appeal as an AI‑related play, even though it designs...
Taiwan Semiconductor Manufacturing (TSM): The Best Under-The-Radar AI Stock in Billionaire Ken Fisher’s Portfolio?
Taiwan Semiconductor Manufacturing Company (TSMC) is highlighted as the sixth AI stock in billionaire Ken Fisher’s portfolio, with a $5.51 billion stake. The company commands roughly 70% of the global foundry market and dominates advanced‑node production (7nm and below) for chip...
Western Alliance Provides $78M Financing for Low-Income Housing in Mission District
Western Alliance Bank is committing $77.9 million in construction financing and Low‑Income Housing Tax Credit equity to The Marvel, a 400‑unit permanent supportive housing project in San Francisco’s Mission District. The development, the city’s largest affordable‑housing effort in the area, will break...
Amazon Has a Gas Discount Most Prime Members Don’t Even Know Exists
Amazon Prime members can now cut gasoline costs by 20 cents per gallon on designated “Fuel‑Up Fridays” from April 3 through May 29, thanks to a partnership with BP’s Earnify app. The baseline perk, launched in October 2024, already offers a 10‑cent‑per‑gallon...
Iran War: Expensive Oil Drives Rising Inflation in U.S.
The ongoing Iran‑War has choked oil tanker traffic through the Strait of Hormuz, pushing diesel prices up 55% year‑to‑date and sparking a sharp energy‑price shock. In March, the energy component of the CPI jumped 10.9%, while the gasoline index surged...
Bobby Eng on Canadian Market Growth & Liquidity Myths
The Canadian ETF market is experiencing a historic boom, with assets now around $570 billion USD and roughly 1,800 products, up from just two providers in 2002. Growth has been driven by a 20‑30% compound annual rate, creating a "hockey‑stick" trajectory...
How Much Money You Should Have Saved by Every Age — and What to Do If You’re Behind
A 2022 Federal Reserve survey shows median retirement account balances ranging from $18,880 for those under 35 to $200,000 for ages 65‑74, far below the $1.46 million most Americans believe they need to retire comfortably. Fidelity’s age‑based guidelines suggest saving one‑times...
Investors Are Gloomy About Inflation and Risk-Taking Ahead of Saturday’s Iran Talks
U.S. equities slipped on Friday as investors grew wary of rising inflation and the upcoming U.S.–Iran talks in Islamabad. The Dow Jones fell 0.6%, the S&P 500 edged down 0.1%, while the Nasdaq rose 0.4% after a week‑long rally. Market sentiment...
How One Small Move Before 65 Can Unlock a Bigger Social Security Benefit
A modest adjustment before turning 65 can significantly boost Social Security payouts. Delaying the claim, working an extra year, or using savings as a bridge lets retirees replace lower‑earning years in the benefit formula and qualify for Medicare at 65....
Energy & Utilities Roundup: Market Talk
Crude futures fell on Tuesday as investors weighed the impact of upcoming U.S.-Iran talks on the Strait of Hormuz. WTI settled at $96.57 a barrel, down 1.3% and 13% for the week, while Brent slipped to $95.20, a 0.8% decline...
Morningstar DBRS Confirms Credit Ratings on Ontario Power Generation Inc. At A (Low) and R-1 (Low) With Stable Trends
Morningstar DBRS reaffirmed Ontario Power Generation’s issuer rating at A‑low and its commercial paper rating at R‑1, both with stable trends. The agency highlighted OPG’s regulated nuclear and hydroelectric portfolio, which delivers predictable cash flow under the Ontario Energy Board’s...
U.S.-Iran Ceasefire Does Little for Fertilizer Availability, Prices
The recent U.S.-Iran cease‑fire will not quickly restore fertilizer flows through the Strait of Hormuz, according to StoneX market specialist Josh Linville. About 930,000 tons of fertilizer are stranded on ships, yet India alone still requires roughly 600,000 tons more to meet...
Cattle Futures Finish the Week Higher
Cattle futures closed the week higher on the Chicago Mercantile Exchange, with June live cattle up $2 to $240.20 and August live cattle gaining $1.40 to $244.75 per hundredweight. Feeder cattle also rose, as May contracts added $1.92 to $372.25...
It’s OK to Postpone Saving for College Until You Have These 4 Financial Priorities Under Control
Financial planners say parents should secure an emergency fund, boost retirement savings, and eliminate high‑interest debt before prioritizing a 529 college account. For a $150,000 household, the guideline is three‑to‑six months of cash reserves, at least 10‑15% of income toward...
Morningstar DBRS Assigns Credit Ratings of BBB With Stable Trends to Dream Summit Industrial LP's Series I Senior Unsecured Debentures
Morningstar DBRS assigned a BBB rating with a stable trend to Dream Summit Industrial LP’s newly issued $250 million Canadian (≈$185 million USD) Series I senior unsecured debentures, bearing a 3.959% coupon and maturing on April 10, 2029. The rating mirrors that of an...
Why The Follow-Through Day Changed Our Swing Trading Strategy
The SwingTrader model re‑entered the market using a follow‑through day signal—defined by a >1% rally on higher volume—to transition from cash‑heavy positions in March 2026. After a tentative 2.5% exposure on March 31, the portfolio incrementally increased to 20% as the...
Dow Drops 269, Nasdaq Gains 80, S&P 500 Loses 8
U.S. equity markets were mixed on Friday as the Dow Jones slipped 0.6% while the Nasdaq gained 0.4%, and the S&P 500 edged down 0.1% to 6,816.9. The moves came amid a pullback in oil prices, with Brent for June...
AI Tenants Double Their NYC Leasing Activity Year Over Year
AI companies are leasing New York office space at twice last year's pace, according to JLL, with leasing volume through March already representing half of the projected full‑year 2025 total. The average lease size jumped from 16,600 to 34,500 square...
Dow Jones Futures: U.S.-Iran Peace Talks Begin; Google, Amazon, Nvidia In Buy Areas
U.S. Vice‑President JD Vance led the first face‑to‑face talks with Iranian officials in Islamabad, a development that could ease tensions in the Strait of Hormuz and lift oil‑price pressures. Meanwhile, U.S. equity markets posted a strong weekly rally, with the...