anilbolukbas Weighed down by a slower-than-expected turnaround at its Vans brand, V.F. Corp ( VFC ) is likely to take longer than anticipated to reach its 10% operating margin target. Moderating revenue growth at Timberland and The North Face across Europe and Asia-Pacific has further extended the margin recovery timeline, prompting J.P. Morgan analyst Matthew Boss to downgrade the stock to Underw...
anilbolukbas Weighed down by a slower-than-expected turnaround at its Vans brand, V.F. Corp ( VFC ) is likely to take longer than anticipated to reach its 10% operating margin target. Moderating revenue growth at Timberland and The North Face across Europe and Asia-Pacific has further extended the margin recovery timeline, prompting J.P. Morgan analyst Matthew Boss to downgrade the stock to Underweight from Neutral. Although Vans is seeing green shoots in its digital business, store traffic is down, and wholesale faces headwinds requiring increased marketing investment. Over the next two years, Boss expects revenue growth of just 2.5% (versus +3.1%) and an operating margin profile of 8.4% by FY28, below management’s 10% estimate. Relative to management’s outlook for Vans’ sales to decline by mid-single digits year-over-year in the fourth quarter, Boss models a similar negative mid-single-digit decline in the first half of next year with a “modest” improvement to -3.5% in the second half of 2027. Along with a downgrade, Boss trimmed his price target for VFC by a dollar to $18 and lowered the FY27 EPS estimate to $0.99 versus a consensus estimate of $1.03 and the FY28 EPS to $1.26 versus a consensus estimate of $1.29 based on 2.5% revenue growth on average over the next two years compared to street estimates of 3.1% revenue growth. V.F. Corp ( VFC ) shares are lower by more than 7%, adding to its year-over-year loss of 21%. More on V.F. Corp V.F. Corp.: The Results Look Better, But Still A Lot Of Concerns V.F. Corp.: The Turnaround Is Advancing V.F. Corporation (VFC) Q3 2026 Earnings Call Transcript V.F. Corporation targets gross margin of 54.5% or better for fiscal 2026 as DTC and Americas drive momentum V.F. Corporation trades higher after a solid quarter for The North Face and Timberland businesses
In trading on Monday, shares of Wex Inc (Symbol: WEX) crossed below their 200 day moving average of $153.88, changing hands as low as $151.00 per share. Wex Inc shares are currently trading off about 3.8% on the day. The chart below shows the one year performance of WEX shares
In trading on Monday, shares of Wex Inc (Symbol: WEX) crossed below their 200 day moving average of $153.88, changing hands as low as $151.00 per share. Wex Inc shares are currently trading off about 3.8% on the day. The chart below shows the one year performance of WEX shares
Chinese hackers allegedly broke into the network of an Ivanti subsidiary in 2021. The hackers exploited a backdoor in its VPN product, which allowed the hackers to gain access to 119 other unnamed organizations.
Chinese hackers allegedly broke into the network of an Ivanti subsidiary in 2021. The hackers exploited a backdoor in its VPN product, which allowed the hackers to gain access to 119 other unnamed organizations.
Investing.com -- Nvidia is expected to deliver another quarter of robust growth and upbeat guidance this week, with analysts pointing to strengthening demand for AI infrastructure, rising shipments of next-generation chips and continued momentum in data centre spending.
Investing.com -- Nvidia is expected to deliver another quarter of robust growth and upbeat guidance this week, with analysts pointing to strengthening demand for AI infrastructure, rising shipments of next-generation chips and continued momentum in data centre spending.
Judgment in city of Boulder’s lawsuit against Suncor Energy USA and ExxonMobil could affect wave of climate litigation The US supreme court has decided to hear arguments in a climate accountability lawsuit, marking the first time the high court has weighed in on such a case. The decision could potentially hinder the wave of climate litigation the US has seen in recent years. “It’s not a good sign,...
Judgment in city of Boulder’s lawsuit against Suncor Energy USA and ExxonMobil could affect wave of climate litigation The US supreme court has decided to hear arguments in a climate accountability lawsuit, marking the first time the high court has weighed in on such a case. The decision could potentially hinder the wave of climate litigation the US has seen in recent years. “It’s not a good sign,” said Pat Parenteau, a professor of environmental law at Vermont Law and Graduate School. Continue reading...
From a high-level view, Medical Properties Trust (NYSE: MPT) has an attractive focus. The real estate investment trust (REIT) owns vital medical facilities, like hospitals. However, the REIT ran into trouble not too long ago when it lacked the financial flexibility to handle tenants who couldn't pay their rent. There were very real concerns that the stock could head to zero. At this point, however...
From a high-level view, Medical Properties Trust (NYSE: MPT) has an attractive focus. The real estate investment trust (REIT) owns vital medical facilities, like hospitals. However, the REIT ran into trouble not too long ago when it lacked the financial flexibility to handle tenants who couldn't pay their rent. There were very real concerns that the stock could head to zero. At this point, however, the healthcare REIT appears to have worked through the worst of its problems. It wasn't pretty. The effort required two dividend cuts because the original turnaround plan wasn't sufficient. And it required selling assets, some at a loss, and writing off rents that were uncollectible. Image source: Getty Images. Continue reading
Just_Super/iStock via Getty Images Nvidia Corporation ( NVDA ) is at the center of the AI boom and has been so since the beginning. As such, the performance of the company and of its shares acts as a sort of bellwether for the AI industry, the broader stock market, and the U.S. economy writ large. Jensen Huang (CEO of Nvidia) has even lamented about the resulting sky-high expectations investors ha...
Just_Super/iStock via Getty Images Nvidia Corporation ( NVDA ) is at the center of the AI boom and has been so since the beginning. As such, the performance of the company and of its shares acts as a sort of bellwether for the AI industry, the broader stock market, and the U.S. economy writ large. Jensen Huang (CEO of Nvidia) has even lamented about the resulting sky-high expectations investors have for his company. Nevertheless, I think there are very compelling reasons underpinning the idea that we are currently in an AI bubble , and, furthermore, I think there are obvious ways to see how it might end up popping. In this article, I’m going to explore those reasons, map out the kind of future they could entail for Nvidia in terms of business fundamentals, and discuss why I think Nvidia is a company investors should steer away from at present. How Nvidia Could be Overvalued At the time of writing, Nvidia trades at 24.5x next year’s earnings (i.e., Jan 2027 earnings) and a PEG ratio of around 0.79 . The Nvidia bulls will tell you that this makes Nvidia an incredibly cheap opportunity given the sort of company you’re getting with the sort of growth the company is putting up. Furthermore, many Nvidia bulls will express confusion at the relatively flat share price performance of the company since August of last year, despite several seemingly bullish developments. In this article, I’m going to attempt to offer some insight as to why these things might be going on. Nvidia’s current valuation in the stock market ($189.82 at the time of writing) is premised on the following consensus expectations for earnings over the next several years: Source: Seeking Alpha These expectations presuppose that we’re not in an AI bubble, that the AI infrastructure buildout we’ve seen in recent years will continue at a breakneck rate, extrapolating the recent period far into the future. However, what if this is wrong? What if this is a classic case of recency bias? What if we are in an AI bu...
Just_Super/iStock via Getty Images Nvidia Corporation ( NVDA ) is at the center of the AI boom and has been so since the beginning. As such, the performance of the company and of its shares acts as a sort of bellwether for the AI industry, the broader stock market, and the U.S. economy writ large. Jensen Huang (CEO of Nvidia) has even lamented about the resulting sky-high expectations investors ha...
Just_Super/iStock via Getty Images Nvidia Corporation ( NVDA ) is at the center of the AI boom and has been so since the beginning. As such, the performance of the company and of its shares acts as a sort of bellwether for the AI industry, the broader stock market, and the U.S. economy writ large. Jensen Huang (CEO of Nvidia) has even lamented about the resulting sky-high expectations investors have for his company. Nevertheless, I think there are very compelling reasons underpinning the idea that we are currently in an AI bubble , and, furthermore, I think there are obvious ways to see how it might end up popping. In this article, I’m going to explore those reasons, map out the kind of future they could entail for Nvidia in terms of business fundamentals, and discuss why I think Nvidia is a company investors should steer away from at present. How Nvidia Could be Overvalued At the time of writing, Nvidia trades at 24.5x next year’s earnings (i.e., Jan 2027 earnings) and a PEG ratio of around 0.79 . The Nvidia bulls will tell you that this makes Nvidia an incredibly cheap opportunity given the sort of company you’re getting with the sort of growth the company is putting up. Furthermore, many Nvidia bulls will express confusion at the relatively flat share price performance of the company since August of last year, despite several seemingly bullish developments. In this article, I’m going to attempt to offer some insight as to why these things might be going on. Nvidia’s current valuation in the stock market ($189.82 at the time of writing) is premised on the following consensus expectations for earnings over the next several years: Source: Seeking Alpha These expectations presuppose that we’re not in an AI bubble, that the AI infrastructure buildout we’ve seen in recent years will continue at a breakneck rate, extrapolating the recent period far into the future. However, what if this is wrong? What if this is a classic case of recency bias? What if we are in an AI bu...
The original show might have ended on a whimper and the first spin-off might have disappointed but this lighter, shorter series has been a genuine joy I can’t speak for anyone else, but I first entered into A Knight of the Seven Kingdoms extremely gingerly. Game of Thrones (as we all know) all but cratered during its final season, to the point that watching it almost felt like a punishment. House ...
The original show might have ended on a whimper and the first spin-off might have disappointed but this lighter, shorter series has been a genuine joy I can’t speak for anyone else, but I first entered into A Knight of the Seven Kingdoms extremely gingerly. Game of Thrones (as we all know) all but cratered during its final season, to the point that watching it almost felt like a punishment. House of the Dragon was somehow even worse, for reasons we’ll come to shortly. And so, presented with an opportunity to dip my toes back into Westeros, I hesitated. Fool me once, shame on you; fool me repeatedly due to a capitalist desire to permanently entrench all existing IP in order to minimise subscriber churn, shame on me. Continue reading...
Company admits three pollution events that killed fish and insects in Pools Brook country park near Chesterfield A water company has been fined more than £700,000 for repeatedly releasing sewage into a stream. Yorkshire Water was issued with the penalty after pleading guilty to three offences of sewage pollution in Pools Brook country park near Chesterfield. Continue reading...
Company admits three pollution events that killed fish and insects in Pools Brook country park near Chesterfield A water company has been fined more than £700,000 for repeatedly releasing sewage into a stream. Yorkshire Water was issued with the penalty after pleading guilty to three offences of sewage pollution in Pools Brook country park near Chesterfield. Continue reading...
Treasuries rose at the start of the week as President Donald Trump ’s vows to press ahead with his trade war after the Supreme Court struck down his tariffs cast new uncertainty over global markets. As stocks slid and investors shifted to the haven of government bonds, yields fell across maturities, with the rate on the benchmark 10-year note declining four basis points to 4.04% Monday morning in ...
Treasuries rose at the start of the week as President Donald Trump ’s vows to press ahead with his trade war after the Supreme Court struck down his tariffs cast new uncertainty over global markets. As stocks slid and investors shifted to the haven of government bonds, yields fell across maturities, with the rate on the benchmark 10-year note declining four basis points to 4.04% Monday morning in New York amid thin trading. The move came as traders weighed the implications of President Donald Trump’s new 15% across-the-board tariffs following the Supreme Court decision invalidating the broad levies that had raised tens of billions of dollars. Those questions at least temporarily overshadowed angst in the Treasury market that the government could need to issue more debt to make up for the lost revenue. “One of the key reasons rates markets were worried is because of lost tariff collections and refunds,” said Gennadiy Goldberg , head of US rates strategy at TD Securities. “But with refunds likely to take significant time and now even more collections, the combination is likely easing some of the market’s worries.” Still, there is plenty of uncertainty over the new tariff policy and its effect on global trade, US consumption and the pace of economic growth. Read more: Global Trade Confusion Returns as Trump Shifts Tariff Tools On Monday, Federal Reserve Governor Christopher Waller said the Supreme Court decision is unlikely to have a significant impact on his views on monetary policy. Underlying inflation — without the effects of tariffs — is close to the target of 2%, he said, and his decision to support an interest-rate cut at the Fed’s March meeting will hinge on labor market data. Consumer prices rose at an annualized rate of 2.4% in January, according to data released this month. Traders have all but ruled out a reduction at next month’s Fed meeting with interest-rate swaps showing the next quarter-point cut not coming until the second half of the year. Policymake...
In trading on Monday, shares of Alaska Air Group, Inc. (Symbol: ALK) crossed below their 200 day moving average of $51.15, changing hands as low as $50.04 per share. Alaska Air Group, Inc. shares are currently trading down about 4.5% on the day. The chart below shows the one y
In trading on Monday, shares of Alaska Air Group, Inc. (Symbol: ALK) crossed below their 200 day moving average of $51.15, changing hands as low as $50.04 per share. Alaska Air Group, Inc. shares are currently trading down about 4.5% on the day. The chart below shows the one y
In trading on Monday, shares of the Invesco Short Term Treasury ETF (Symbol: TBLL) crossed below their 200 day moving average of $105.66, changing hands as low as $105.51 per share. Invesco Short Term Treasury shares are currently trading off about 0.3% on the day. The chart b
In trading on Monday, shares of the Invesco Short Term Treasury ETF (Symbol: TBLL) crossed below their 200 day moving average of $105.66, changing hands as low as $105.51 per share. Invesco Short Term Treasury shares are currently trading off about 0.3% on the day. The chart b