Initiate Buy rating on Safe Bulkers (SB) with $4 PT, driven by modern fleet, high contract coverage, and newbuild deliveries supporting earnings and regulatory compliance. SB's premium fleet and $145+ mn Cape segment revenue locked in at favorable rates provide earnings visibility and buffer against rate softness. SB's 8.5% organic capacity growth from FY26 newbuild deliveries positions it to benefit from sector recovery and regulatory tailwinds.
Meta Platforms META 2.51%increase; green up pointing triangle is hardly the only big tech company with no plans to put the brakes on its blowout artificial-intelligence spending. It might be the only one where that news was already priced in.