Iranian navy talks up possible safe transit through Strait of Hormuz as US threats recede
In a statement, the Iranian navy says that “with the end of threats from aggressors and in light of new procedures, safe and stable transit through the Strait of Hormuz will be possible”. With that, we’re seeing oil prices crater further on the session and risk trades rally to fresh highs on the day. The […]
‘It was an isolated matter without importance’
Alvaro Carreras has dismissed reports questioning his attitude at Real Madrid – but did appear to confirm an altercation with team-mate Antonio Rudiger did take place. The left-back, who returned to the Santiago Bernabeu last summer for a fee of around €50 million from Benfica, has been at the centre of claims this week of disharmony […]
Down 17% from February, do Barclays’ sub-£5 shares look a steal to me after its Q1 results?
Image source: Getty Images Barclays (LSE: BARC) shares are down from their 4 February one-year trade high of £5.06. This pullback looks to me to be the result of broad-based profit-taking after a strong previous run. Nonetheless, it exacerbates the existing mispricing relative to the strength of the bank’s core operations, in my view. Indeed, […]
How to day trade AMD after earnings
AMD is still in a high-volatility post-earnings environment, and that creates opportunity, but also danger. The mistake many day traders make after a major earnings move is assuming that every sharp drop means “the move is over” or every strong bounce means “the breakout is back on.” In reality, post-earnings sessions often rotate between key […]
AAA national average for regular gas surges past $4.50 mark
California Independent Petroleum Association CEO Rock Zierman joins ‘Varney & Co.’ to warn that state policies are slashing in-state oil production, driving up gas prices and increasing California’s reliance on foreign energy sources. The national average price for regular gasoline surged above $4.50 per gallon Wednesday, as ongoing tensions between the U.S. and Iran continued […]
Are Greggs shares 50.3% undervalued?
Image source: Getty Images Are Greggs‘ (LSE:GRG) shares undervalued? The best way to figure it out is with a discounted cash flow (DCF) calculation. This computes an intrinsic value for a stock that investors can compare to the current price. But the output is only as accurate as its inputs… DCF calculation The kind of […]
French services sector slumps further in April as demand conditions seize up
Services PMI 47.6 vs 47.6 prelim Prior 48.8 Composite PMI 47.6 vs 47.6 prelim Prior 48.8 The readings were not changed from the initial estimates, reaffirming a further decline in French services and overall business activity in April. Of note, new orders were seen falling at the fastest rate since November 2023. The survey revealed […]
Pistons stay hot to put frustrated Cavaliers on the back foot
The Detroit Pistons remained on a roll as they opened their Eastern Conference semi-final series against the Cleveland Cavaliers with an impressive 111-101 win. After hitting back from 3-1 down to beat the Orlando Magic in the first round, there was no stuttering start this time as the Pistons produced a solid all-round display. Cade […]
Janai Norman Is Selling Her New Jersey Home After Abrupt Exit From ‘GMA’
Janai Norman Lists Home After Sudden ‘GMA’ Exit Published May 6, 2026 12:00 AM PDT Janai Norman is saying goodbye to “Good Morning America” … and her New Jersey home, TMZ has learned. The former ‘GMA Weekend’ co-anchor is listing her Montclair mansion for $3.2 million shortly after announcing her abrupt exit from the morning […]
Why is the Trainline share price falling when revenues are growing?
Image source: Getty Images For quite a while, I have thought shares in Trainline (LSE: TRN) looked cheap. To me, the Trainline share price has been undervaluing the business’s strong cash flow generation while overestimating the potential impact from a putative government-backed rival. Wednesday (6 May) saw the company publish its annual results, so what […]
