Armanino Foods of Distinction ( AMNF ) declares $0.05/share quarterly dividend , in line with previous. Forward yield 1.77% Payable April 30; for shareholders of record April 17; ex-div April 17. See AMNF Dividend Scorecard, Yield Chart, & Dividend Growth. More on Armanino Foods of Distinction Armanino Foods May Experience Margin Pressures Soon Armanino Foods of Distinction: Small-Cap With Improvi...
Armanino Foods of Distinction ( AMNF ) declares $0.05/share quarterly dividend , in line with previous. Forward yield 1.77% Payable April 30; for shareholders of record April 17; ex-div April 17. See AMNF Dividend Scorecard, Yield Chart, & Dividend Growth. More on Armanino Foods of Distinction Armanino Foods May Experience Margin Pressures Soon Armanino Foods of Distinction: Small-Cap With Improving Fundamentals Seeking Alpha’s Quant Rating on Armanino Foods of Distinction Historical earnings data for Armanino Foods of Distinction Dividend scorecard for Armanino Foods of Distinction
Sarah Xie/iStock Editorial via Getty Images Investment Thesis Since my last coverage in December, Apple's ( AAPL ) stock is down about 5%, a move that feels more like noise than narrative change. Apple’s strength remains its installed base of devices worldwide, which continues to drive a high-margin services business that’s growing at double-digit rates. Hardware gets users into the system; servic...
Sarah Xie/iStock Editorial via Getty Images Investment Thesis Since my last coverage in December, Apple's ( AAPL ) stock is down about 5%, a move that feels more like noise than narrative change. Apple’s strength remains its installed base of devices worldwide, which continues to drive a high-margin services business that’s growing at double-digit rates. Hardware gets users into the system; services keep them engaged and spending money. This creates a model that’s resistant to economic cycles because of its increasing percentage of recurring revenue. 2.5 Billion Devices Derive 48% Margins With Double-Digit Services Growth As I see it, Apple has solid financial growth based on an expanding installed base of active devices (as of now, over 2.5 billion units ). This massive user footprint is the main machine for recurring topline and margin expansion. The increasing hardware adoption and the Services segment lead to a compounding effect on financials that supports the bottom line and cash flow. As in Q1-FY26, Apple hit the topline of $143.8 billion with a 16% YoY increase. This performance is coming from the integration of hardware sales with the high-margin service segment. The installed base grew across all geographic segments and product categories. So, this accumulation of active devices expands TAM for Apple's digital ecosystem that includes the App Store, iCloud, Apple Music, and payment services. Moreover, Services topline hit an all-time high of $30 billion with a 14% YoY increase. SEC 10-Q Q1 In my view, this segment is stabilizing financials because it has recurring transactions instead of one-time hardware purchases. The gross margin profile of the Services business stands at 76.5%, and it is higher than the Products gross margin of 40.7%. As the Services portion of the total topline grows, Apple's total gross margin improves. In Q1, total Apple gross margin rose to 48.2% (surpassing management's outlook range). This 1%-point QoQ increase confirms that the t...
Sarah Xie/iStock Editorial via Getty Images Investment Thesis Since my last coverage in December, Apple's ( AAPL ) stock is down about 5%, a move that feels more like noise than narrative change. Apple’s strength remains its installed base of devices worldwide, which continues to drive a high-margin services business that’s growing at double-digit rates. Hardware gets users into the system; servic...
Sarah Xie/iStock Editorial via Getty Images Investment Thesis Since my last coverage in December, Apple's ( AAPL ) stock is down about 5%, a move that feels more like noise than narrative change. Apple’s strength remains its installed base of devices worldwide, which continues to drive a high-margin services business that’s growing at double-digit rates. Hardware gets users into the system; services keep them engaged and spending money. This creates a model that’s resistant to economic cycles because of its increasing percentage of recurring revenue. 2.5 Billion Devices Derive 48% Margins With Double-Digit Services Growth As I see it, Apple has solid financial growth based on an expanding installed base of active devices (as of now, over 2.5 billion units ). This massive user footprint is the main machine for recurring topline and margin expansion. The increasing hardware adoption and the Services segment lead to a compounding effect on financials that supports the bottom line and cash flow. As in Q1-FY26, Apple hit the topline of $143.8 billion with a 16% YoY increase. This performance is coming from the integration of hardware sales with the high-margin service segment. The installed base grew across all geographic segments and product categories. So, this accumulation of active devices expands TAM for Apple's digital ecosystem that includes the App Store, iCloud, Apple Music, and payment services. Moreover, Services topline hit an all-time high of $30 billion with a 14% YoY increase. SEC 10-Q Q1 In my view, this segment is stabilizing financials because it has recurring transactions instead of one-time hardware purchases. The gross margin profile of the Services business stands at 76.5%, and it is higher than the Products gross margin of 40.7%. As the Services portion of the total topline grows, Apple's total gross margin improves. In Q1, total Apple gross margin rose to 48.2% (surpassing management's outlook range). This 1%-point QoQ increase confirms that the t...
(RTTNews) - Global sentiments might have an influence on Canadian stock market on Monday and slide initially. The U.S. tariff concerns are once again affecting the sentiments after President Trump said that he would increase global tariff to 15 percent from 10 percent. Uncertaini
(RTTNews) - Global sentiments might have an influence on Canadian stock market on Monday and slide initially. The U.S. tariff concerns are once again affecting the sentiments after President Trump said that he would increase global tariff to 15 percent from 10 percent. Uncertaini
Bellarmine Chatunga Mugabe, known for lavish lifestyle, also accused of theft and being illegal immigrant after man was allegedly shot in back A son of the late Zimbabwean president Robert Mugabe has been charged with attempted murder after a 23-year-old man was allegedly shot in the back on 19 February in an upmarket area of Johannesburg. Bellarmine Chatunga Mugabe, 28, appeared in court on Monda...
Bellarmine Chatunga Mugabe, known for lavish lifestyle, also accused of theft and being illegal immigrant after man was allegedly shot in back A son of the late Zimbabwean president Robert Mugabe has been charged with attempted murder after a 23-year-old man was allegedly shot in the back on 19 February in an upmarket area of Johannesburg. Bellarmine Chatunga Mugabe, 28, appeared in court on Monday for a brief hearing alongside co-accused Tobias Mugabe Matonhodze. Mugabe’s lawyer Sinenhlanhla Mnguni declined to comment when asked by reporters whether the two men were related. Mnguni said he would request bail for his clients at the next hearing on 3 March. Continue reading...
Getty Images By Deepali Bhargava, Regional Head of Research, Asia-Pacific The Supreme Court’s decision to strike down the reciprocal IEEPA tariffs could materially reshape the trade policy landscape. In response, US President Donald Trump swiftly announced the introduction of a 15% across‑the‑board tariff under Section 122, following an initial 10% surcharge that was raised to 15% on 22 February. ...
Getty Images By Deepali Bhargava, Regional Head of Research, Asia-Pacific The Supreme Court’s decision to strike down the reciprocal IEEPA tariffs could materially reshape the trade policy landscape. In response, US President Donald Trump swiftly announced the introduction of a 15% across‑the‑board tariff under Section 122, following an initial 10% surcharge that was raised to 15% on 22 February. Under the new structure, the Section 122 tariff applies broadly to all imports, with several key exceptions. Products already subject to Section 232 duties – such as steel, aluminium, copper, lumber, and automobiles – are excluded to the extent that existing 232 tariffs remain in force. Approximately 1,100 product codes are fully exempt from the surcharge. For Asia, the net effect is tariff relief Switching from the old IEEPA system to a flat 15% Section 122 tariff clearly creates winners and losers among the top US import partners. The biggest winners are countries that were previously hit with high IEEPA rates. They now see those heavy surcharges replaced by a much lower, uniform tariff. From a regional perspective, the removal of IEEPA tariffs represents a clear positive for Asia. China and India benefit the most, with tariff cuts of 7.1 points and 5.6 points, respectively. In their case, the new 15% rate is far better than the steep, country-specific IEEPA tariffs they had been facing previously. Asia should benefit from the tariff reset Sectoral implications: Strongest gains in low value-added goods Industries that were most heavily impacted by IEEPA measures show the sharpest decline in tariff incidence. These sectors, where Asia holds a strong global market share, include: Apparel Toys, games and sports Furniture, lighting Electrical machinery Aircraft For these categories, the gap between earlier IEEPA tariffs and the new 15% surcharge is particularly large, resulting in a meaningful improvement in export competitiveness for key Asian producers. China benefits from ...
Getty Images AXT ( AXTI ) reported in-line Q4-2025 financial results last Thursday. Revenue decreased due to delayed export permits. The company still expects Q1-2026 to be stronger because it is back to fulfilling backlog for indium phosphide. The company’s stock price rallied on Friday and increased more than 24%. The price has increased nearly 1,200% over the last year. It has gained 33% since ...
Getty Images AXT ( AXTI ) reported in-line Q4-2025 financial results last Thursday. Revenue decreased due to delayed export permits. The company still expects Q1-2026 to be stronger because it is back to fulfilling backlog for indium phosphide. The company’s stock price rallied on Friday and increased more than 24%. The price has increased nearly 1,200% over the last year. It has gained 33% since I covered the company on Seeking Alpha . The price now trades near its all-time high. As such, the price is overvalued, but the company’s substrates are in high demand due to scarcity of resources. I continue my rating of a Hold. AXT Q4 2025 Results AXT reported Q4 revenue of $23 million, representing a decrease of 18% QoQ and a decrease of 8% YoY. The lower revenue was due to delayed export permits for indium phosphide. The company reported revenue by segment. Indium phosphide made up $8 million and is driven by high demand from data centers. Gallium arsenide was $7 million, and germanium substrates were $231 thousand. The company’s raw material joint venture showed $7.6 million in revenue. The company also reported revenue by geography. 81.5% comes from Asia Pacific, while Europe amounts to 17.5% and North America 1%. The company receives 22.6% of its revenue from its top five clients. Gross profit was $4.8 million, representing a 22% decrease QoQ and a 9% increase YoY. Gross margin was 20.9% compared to 22.3% QoQ and 17.9% YoY. The company reported a net loss of $3.5 million compared to a net loss of $1.9 million QoQ and a net loss of $5.1 million YoY. Cash and short-term investments were $128.4 million. The increase was due to a public offering that brought in $93.9 million in proceeds. Operating expenses were $8.8 million compared to $7.3 million QoQ and $10.6 million YoY. The company has $64 million in debt. Market consensus for Q1-2026 revenues is $26.2 million, an increase QoQ and YoY. The company reports in late April. The company may exceed expectations if more ex...
After rejecting a buyout offer from Adobe and instead opting to go public, Figma (NYSE: FIG) has struggled in terms of stock price. The collaborative design platform company has been caught in the software-as-a-service (SaaS) sell-off, which has taken the stock to below its $33 IPO price. For a stock that opened at $85 its first day of trading and closed at $115.50, it has been a hard fall from gr...
After rejecting a buyout offer from Adobe and instead opting to go public, Figma (NYSE: FIG) has struggled in terms of stock price. The collaborative design platform company has been caught in the software-as-a-service (SaaS) sell-off, which has taken the stock to below its $33 IPO price. For a stock that opened at $85 its first day of trading and closed at $115.50, it has been a hard fall from grace. Image source: Getty Images. Continue reading