What’s Driving Erasca (ERAS)’s Nearly 355% YTD Return
Erasca Inc. (NASDAQ:ERAS) has delivered a staggering 355% year‑to‑date return, positioning it among the top‑performing stocks across all sectors in 2026. JPMorgan lifted its price target to $25 and kept an Overweight stance, while H.C. Wainwright raised its target to $20 after a trial showed two confirmed partial tumor responses. Stifel reaffirmed a Buy rating with a $20 target, noting the company’s $341.8 million cash balance and $434 million pro‑forma cash runway through 2028. Despite a Q4 net loss of $29.1 million, the firm’s pipeline of RAS/MAPK‑focused therapies fuels optimism.
Virtu Financial (VIRT) Eyes a “Big Quarter” – Record Volumes Ahead?
Virtu Financial (VIRT) received an upgraded price target from Piper Sandler, which lifted its target to $61 from $57 and kept an Overweight rating. The brokerage expects the firm to deliver a "big quarter" as adjusted net trading income is projected...
Icade Offloads Prime Paris Building in €402m Deal
Icade has completed the sale of a prime mixed‑use building in Paris for €402 million, roughly $435 million. Competitive bidding pushed the price to €33,000 per square metre, about $35,600. The transaction underscores robust demand for high‑quality office and retail space in...
452% Up, Can Nebius Group (NBIS) Keep Climbing?
Nebius Group N.V. (NASDAQ:NBIS) has delivered a staggering 452% gain over the past year, placing it among the most profitable stocks across sectors in 2026. Analyst Nehal Chokshi at Northland trimmed the price target to $215 from $232, citing incremental...
Why DA Davidson Remains Positive on Modine Manufacturing Company (MOD)
DA Davidson reaffirmed a Buy rating on Modine Manufacturing (NYSE:MOD) with a $265 price target after a management call, noting the stock’s near‑192% one‑year gain. The analyst highlighted a three‑fold increase in Modine’s data‑center funnel aperture since September 2024, driven...
What the Petrobras Contract Means for Valaris Limited (VAL)’s Future
Valaris Limited announced a 1,064‑day contract extension with Brazil’s Petrobras for its drillship VALARIS DS‑4, adding about $447 million to its backlog and extending work through 2030. The deal reinforces Petrobras as the world’s largest deep‑water demand source and secures steady cash...
Analysts Bullish on Commvault Systems (CVLT) Despite 43% YoY Share Price Decline
Analysts remain bullish on Commvault Systems (CVLT) despite a 43% year‑over‑year share price drop to a 52‑week low of $74.94. A consensus price target of $140 suggests roughly 80% upside, with more than 70% of covering analysts keeping buy ratings....
Market Watch: US Gas Futures Tumble to 17-Month Low
US natural‑gas futures slipped 5.4 cents on Thursday, settling at $2.67 per MMBtu, the lowest level in 17 months for the prompt‑month contract. The decline followed a larger‑than‑expected weekly build in storage, which analysts at Gelber & Associates said confirms...
Middle East Crisis Is Pushing China to Deepen Latin America Ties
Amid the Iran‑Israel conflict, disruptions in the Strait of Hormuz have highlighted China's vulnerability to concentrated energy supplies. Beijing is turning to Latin America for food, copper, lithium and other strategic commodities to diversify its import base. The United States'...
Keir Starmer: 'I'm Fed Up' With Trump and Putin Affecting UK Energy Costs
British Prime Minister Keir Starmer told ITV’s Talking Politics podcast he is "fed up" with UK energy bills swinging wildly because of actions by U.S. President Donald Trump and Russian President Vladimir Putin. He linked the volatility to recent oil‑price spikes...
Publication of Fastmarkets’ Steel Scrap No1 Busheling, Delivered Mill Chicago Assessment on Thursday April 9, 2026
Fastmarkets published its latest North America ferrous scrap price assessment for No.1 busheling steel scrap delivered to mill in Chicago on Thursday, April 9, 2026. The assessment is part of Fastmarkets’ broader scrap pricing package and provides a delivered‑mill benchmark for high‑grade...
You Have Until April 15 to Get This $8,000 Roth IRA Freebie — No Matter W...
Tax day on April 15 is the final deadline to fund a 2025 Roth IRA, even for high‑income earners, by using the backdoor Roth strategy. The two‑step process lets anyone contribute up to $8,000 (plus a $1,000 catch‑up for those 50...
Oil Prices, Apr. 9, 2026
Oil prices surged on April 9 as a fragile US‑Iran ceasefire failed to quell market nerves, pushing Brent above $85 per barrel while spot prices held steadier. Iranian missile strikes on Saudi oil assets trimmed OPEC‑Plus output by roughly 200,000...
EXEC: Academy Sports Scores Stock Price Upgrades Following Analyst Day
Academy Sports + Outdoors unveiled a five‑year growth plan that projects 5% annual sales growth, 125 new stores and e‑commerce rising to 15% of revenue by 2030. The outlook prompted several analysts to lift price targets, with B. Riley moving...
Ukrainian Railways Bond Restructuring Rejected by Investors
Ukrainian Railways (Ukrzaliznytsia) failed to reach a debt‑restructuring agreement after bondholders rejected its opening proposal. The state‑owned operator seeks to restructure roughly $1.1 billion of outstanding bonds, a debt load swollen by war‑induced revenue drops and soaring repair costs. Damage from...
Brown-Forman’s Stock Is the S&P 500’s Top Gainer Thursday as Merger Drama...
Brown‑Forman’s stock surged 12.9% on Thursday, making it the S&P 500’s top gainer after a Wall Street Journal report linked the spirits maker to a potential deal with Sazerac. The rally follows earlier speculation that Paris‑based Pernod Ricard is eyeing a merger‑of‑equals,...
Mining Boom Just Getting Started, Says Lion Selection Group’s Hedley Widdup
Lion Selection Group’s managing director Hedley Widdup says the mining rally that began in April 2024 is only at its early stage, with the ASX Resources Index up roughly 70% and capital flowing back into junior explorers. Since 2022 the...
TSX Snaps Winning Streak as Tech and Energy Shares Fall
The Toronto Stock Exchange’s S&P/TSX Composite slipped 0.4% to 33,477.71, ending a six‑day winning streak. The decline was driven by a 2.1% drop in the technology sector, highlighted by Shopify’s 6.5% fall, while BlackBerry surged 7.4% after issuing an upbeat...
Iran Attacks on Crucial Saudi Pipeline and Production Facilities Slash Kingdom's Oil Output
Iran attacked Saudi Arabia's strategic East‑West pipeline, knocking out about 700,000 barrels per day of capacity, and simultaneously struck the Manifa and Khurais production complexes, trimming Saudi output by roughly 600,000 barrels per day. The pipeline, which routes crude to...
Natural Gas Spot Prices, Apr. 9, 2026
On April 9, 2026 a cluster of natural‑gas market developments were reported. The EU announced a softening of its methane‑emission regulations to avert a potential supply crunch, while Israel’s Energean signaled the restart of production at the Karish offshore field....
Colombia Cae a BB- Con Perspectiva Estable, Su Peor Calificación en 30 Años Y Por Debajo De La Crisis De...
Standard & Poor’s has lowered Colombia’s sovereign credit rating from BB to BB‑, marking the country’s weakest rating in more than three decades and a level not seen even during the 1999 crisis. The downgrade reflects a widening fiscal deficit...
Crude Climbs as Hormuz Disruptions Persist
Oil prices rose sharply on Thursday as West Texas Intermediate settled at $97.87 and Brent at $95.92, driven by persistent disruptions in the Strait of Hormuz and a reported 600,000‑barrel‑per‑day cut to Saudi production capacity. Despite a tenuous cease‑fire between...
How 'Married Filing Separately' Status Could Affect Trump Tax Breaks This Season
The 2025 tax season introduces new deductions under President Trump’s recent legislation, but married couples must decide whether to file jointly or separately. Filing jointly generally offers a larger standard deduction and broader eligibility for credits, while filing separately can...
Asian Stocks Shy of Full Recovery Amid Fragile Iran Ceasefire
A tentative cease‑fire between the United States and Iran lifted some pressure on Asian equity markets on Wednesday. However, the rally was limited as Israel’s large‑scale strikes on Lebanon, which Tehran says breach the truce, kept regional tensions high. Major...
7-Eleven Owner Delays Plan to List US Convenience Store Unit
Seven & i Holdings announced it will postpone the initial public offering of its U.S. convenience‑store subsidiary, 7‑Eleven Inc., to fiscal 2027 at the earliest. The decision follows 23 consecutive months of year‑on‑year sales declines across the American network, signaling operational...
Stephen Gorenstein: Why War Hasn’t Shifted Fundie’s View on Gold and Critical Minerals
Stephen Gorenstein of the SGH Ari Fund says the Iran war and a hawkish Fed chair nomination have rattled gold prices, but his long‑term thesis on gold and critical minerals stays intact. The fund posted a 95.4% gain in calendar...
Rocky Mount, N.C., Downgraded to A1 After Takeover Threat
Moody's lowered Rocky Mount, North Carolina’s issuer and special‑tax ratings to A1, two notches below its previous Aa2 standing, citing a sharp erosion of liquidity that fell to under 11 % of revenue in FY 2025. The city carries $80.2 million in debt...
Oil Pares Gains to Close up 1% as Israel Plans Peace Talks with Lebanon
Oil prices closed up about 1% on Thursday, with Brent at $95.92 and WTI at $97.87, but both remained below the $100 barrier for a second day. The market initially spiked over 5% on doubts about the durability of the...
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Getting a Tax Refund? This New 5.00% Short-Term CD Could Be the Smartest Place to Park It
Nuvision Credit Union has launched a new five‑month certificate of deposit that pays a 5.00% APY, the highest short‑term rate available in the market. The CD is limited to a single $5,000 deposit per member, which aligns well with the...
Telestrategies Communications Taxation 2026
The Telestrategies Communications Taxation 2026 conference convenes 300‑400 tax professionals from telecom, cable, cloud and media firms in San Diego from May 6‑8. Featuring Vertex‑led sessions on continuous compliance, modern tax engines, and the rising wave of indirect‑tax audits, the event...
American Airlines Hikes Checked Baggage Fees: What They Cost and How to Avoid Paying Them Entirely
American Airlines raised its checked‑bag fees on April 9 2026, charging $45 pre‑pay (or $50 at the airport) for the first bag and $55 pre‑pay (or $60 at the airport) for the second on domestic and short‑haul international routes. Pre‑paying saves $5...
Dow Swings Higher to Add 275 Points: Stock Market Today
U.S. equities closed higher on Thursday as the Dow Jones rose 0.6% to 48,185, driven by a Bloomberg report that Israel is ready to negotiate with Lebanon, easing Middle‑East tensions. West Texas Intermediate crude surged past $97 a barrel, pushing...
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Stock Market Today: Major Indexes End Higher, Oil Pares Gains on Optimism Iran Ceasefire Would Hold; Dow Turns Positive for...
U.S. equities closed higher on Thursday as the Nasdaq, S&P 500 and Dow each rose about 0.6‑0.8%, with the Dow snapping back into positive year‑to‑date territory. The rally followed optimism that the two‑week U.S.–Iran ceasefire will hold, tempering the sharp oil...
Markets News, April 9, 2026: U.S. Indexes End Higher, Oil Pares Gains on Iran Ceasefire Optimism; Dow Turns Positive for...
U.S. equity markets rallied on Thursday, with the Nasdaq up 0.8%, the S&P 500 up 0.6% and the Dow Jones gaining 0.6% and moving back into positive territory for the year. The bounce followed President Donald Trump’s announcement of a two‑week...
US Stocks Today: US Stocks End Higher as Middle East Peace Talks Lift Sentiment
U.S. equities closed higher on Thursday as emerging peace talks in the Middle East eased concerns over the fragile U.S.–Iran truce. The S&P 500, Nasdaq and Dow all posted gains, with the S&P 500 reclaiming its 100‑day and 200‑day moving...
A Big Inflation Report Is Due Friday. How to Trade the Upcoming CPI Report
The March Consumer Price Index, due Friday, is the final data point in a week marked by a cease‑fire in the Iran conflict, a PCE report that confirmed sticky inflation, and a weaker‑than‑expected GDP reading. Strategists such as B. Riley Wealth’s...
Howard Hanna CEO Confronts Housing Crash Fears
Howard Hanna CEO Hoby Hanna says the U.S. housing market is undergoing a correction, not a crash, citing record homeowner equity, disciplined lending and limited inventory. Home‑price growth slowed to 0.9% year‑over‑year in January 2026, while existing‑home supply remains at...
Munis Showed up Throughout a Volatile First Quarter
Jeff Lipton of The Bond Buyer notes that the municipal bond market weathered Q1 volatility driven by the Iran‑Israel conflict and soaring oil prices. Issuance remained robust, posting an 8% year‑over‑year increase with March volume up 20% YoY. Yields rose...
Morningstar DBRS Releases Monthly Canadian Commercial Paper Report for January 2026
Morningstar DBRS released its January 2026 Canadian commercial paper report, offering a detailed snapshot of short‑term debt issuance for the month. The publication includes data on total issuance volume, issuer credit ratings, and sector breakdowns. The report is publicly available on the...
LoanDepot Taps Figure to Launch 5-Minute Loan Product
LoanDepot announced a partnership with Figure Technology Solutions to launch the 5x5 HomeLoan, a digital mortgage product that can approve borrowers in as little as five minutes and fund loans within five to seven days. The offering integrates Figure’s credit‑underwriting...
Signal: Crypto Mining Stock Could Have Room to Run
Cipher Mining Inc. (NASDAQ:CIFR) surged 9.1% to $16.83 as Bitcoin broke above $72,000, pushing the stock above its 50‑day moving average. Senior Quantitative Analyst Rocky White notes that this crossover has historically preceded a one‑month gain 71% of the time,...
Petwealth Nabs $1.7M Pre-Seed Round
Petwealth, a pet‑health diagnostics startup founded in 2025, announced a $1.7 million pre‑seed round to fund its clinical‑grade testing platform. The company unveiled an exclusive diagnostic partnership with Kennel Connection and a telehealth integration with Pawp, extending its reach to veterinarians...
The Struggle to Diversify Rare Earth Supply Chains
Demand for rare earth magnets has doubled since 2015, and the International Energy Agency projects a 30% increase by 2030. China now controls roughly 60% of mined production, over 90% of refining, and 95% of permanent‑magnet output, creating a single‑source...
Brazil on Track to Fill China Beef Export Quota by May as Prices Hit All-Time High
Brazil is on track to exhaust its 1.106 million‑tonne beef export quota to China by early May as cattle prices hit a record R$365 (≈US$71.6) per arroba. March saw a historic 233,950 tonnes of fresh beef shipped, generating roughly R$7 billion (≈US$1.37 billion) in...
AI Hype, Hard Lessons: Where SEA’s Startup Capital Is Really Going
Cooley partner David He told e27 that Southeast Asia’s startup funding landscape has shifted dramatically, with capital becoming more disciplined and expectations higher. AI has emerged as the dominant sector, now attracting a sizable share of new investments. He identified...
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USDA Raises Price Estimates for Several Commodities
The USDA’s latest World Agricultural Supply and Demand Estimates (WASDE) raised season‑average price forecasts for wheat, corn, soybeans, soybean meal, cheese and cotton. Wheat and corn prices each rose 5 cents to $5.00 per bushel and $4.15 per bushel respectively,...
KBRA Revises Outlook Upward on CTA TIFIA Loans
KBRA has upgraded its outlook on the Chicago Transit Authority’s 2015‑2016 TIFIA loans to stable, affirming an AA‑minus long‑term rating. The change follows Illinois Senate Bill 2111, which injects over $500 million in annual sales‑tax revenue into the CTA starting FY 2026....
UMBS a Key Risk in Any GSE Ownership Change: Report
The Treasury Market Practices Group report flags the Uniform Mortgage‑Backed Securities (UMBS) framework as a major risk if ownership of Fannie Mae and Freddie Mac changes. While the single‑security model has boosted liquidity and narrowed pricing gaps, unwinding it could re‑introduce...
We're Making Assumptions About the Economy that Could Prove Disastrously Wrong
a16z partner David Ulevitch warns that long‑standing assumptions behind venture and bank lending are eroding. Hardware and other previously ignored sectors are gaining attention, while AI has upended enterprise‑software valuations, leading to loan defaults. Banks have shifted roughly $1.3 trillion into...
Macro Buffers to Help India Tide over Gulf Crisis: World Bank
The World Bank projects India’s GDP growth at 6.6% for FY27, noting that the ongoing Gulf conflict could shave a few tenths off the outlook. It assumes oil prices of $90‑100 a barrel and expects growth to rebound to about...