I’m going to lead with the verdict. Our 24/7 Wall St. price target for IonQ (NYSE:IONQ) is $43.82 over the next 12 months, against a current price of $52.57. That implies -16.65% downside, and our model assigns this call a 90% confidence score, which I read as high conviction. The recommendation is sell, but as ... Prediction: IonQ Faces Headwinds That Could Push It Lower Despite Quantum Hype
I’m going to lead with the verdict. Our 24/7 Wall St. price target for IonQ (NYSE:IONQ) is $43.82 over the next 12 months, against a current price of $52.57. That implies -16.65% downside, and our model assigns this call a 90% confidence score, which I read as high conviction. The recommendation is sell, but as ... Prediction: IonQ Faces Headwinds That Could Push It Lower Despite Quantum Hype
The probability that the European Central Bank will need to raise borrowing costs due to the Iran war is rising, according to Bundesbank President Joachim Nagel . “I still hold out some hope for a significant easing of tensions in the Middle East — but we can’t ignore the high energy prices,” the German central banker told Handelsblatt in an interview. “Interest-rate hikes are becoming increasingl...
The probability that the European Central Bank will need to raise borrowing costs due to the Iran war is rising, according to Bundesbank President Joachim Nagel . “I still hold out some hope for a significant easing of tensions in the Middle East — but we can’t ignore the high energy prices,” the German central banker told Handelsblatt in an interview. “Interest-rate hikes are becoming increasingly likely unless the inflation picture changes fundamentally.” Economists are betting on two rate moves in 2026 — in June and September — with markets anticipating a third by year-end. Action at next month’s meeting would also coincide with new economic forecasts. “We are no longer in the baseline scenario of the Eurosystem projections, but are moving toward the adverse scenario,” Nagel said, referring to the different growth and inflation paths outlined by the ECB in March. The German also warned that “we may still have quite a bit of inflation ahead of us.” “It’s likely that price increases won’t be limited to fuel,” Nagel said. “We know from past experience that it can easily take 18 months for a supply shock to affect all categories of goods.” Nagel, one of the more hawkish members of the ECB’s Governing Council, acknowledged that a weak euro-area economy could influence next month’s decision. “Nobody likes to raise rates when growth is under intense pressure,” he said. “But our mandate is price stability. And in the long run, it’s better for everyone if it’s clear that we take our inflation target seriously and keep the inflation rate close to 2% over the medium term. We will do our job — no ifs, ands, or buts.” ECB Must Hike Rates Unless Outlook Improves, Kocher Says ECB to Hike Rates Twice in 2026 as Inflation Jumps, Survey Shows Lagarde Says ECB Torn Between Risk of Acting Too Early, Too Late The German also told Handelsblatt: On UniCredit’s attempt to take over Commerzbank : “This is a private-sector decision between two banks, supported by their shareholders. As ce...
Junk-rated firms are rushing to reprice and refinance existing US-dollar debt, seizing on renewed investor appetite for riskier loans to slash borrowing costs. More than 20 companies have kicked off deals to cut borrowing costs or extend maturities on nearly $30 billion of debt this week, the most volume since January, according to data compiled by Bloomberg. The rush underscores how sharply senti...
Junk-rated firms are rushing to reprice and refinance existing US-dollar debt, seizing on renewed investor appetite for riskier loans to slash borrowing costs. More than 20 companies have kicked off deals to cut borrowing costs or extend maturities on nearly $30 billion of debt this week, the most volume since January, according to data compiled by Bloomberg. The rush underscores how sharply sentiment has shifted, with investors now shrugging off fears over AI-driven disruption and the economic fallout from the war in Iran that brought the market to a near standstill just weeks ago. Instead, they’re pouring into the loan market at the fastest pace in several months, driven by resilient US economic growth and strong corporate earnings. The move has driven a rebound in loan prices, giving borrowers a chance to reduce financing costs at a time when inflation woes are dampening bets for lower rates. Firms seeking to capitalize on strong investor demand include Victory Capital Holdings Inc. The investment firm is asking lenders to cut the margin on a $980 million term loan maturing in 2032 by 0.25 percentage point to 1.75 percentage points above the Secured Overnight Financing Rate, according to a person with direct knowledge of the matter. The loan — originally sold last year at a slight discount — would also be repriced at par, the person added, asking not to be identified because the information is private. Pacific Dental Services Inc. , Genmab A/S and Talen Energy Corp are also trying to lower borrowing costs by 0.25 percentage point to as much as 0.75 percentage point through repricing offerings. Car battery manufacturer Clarios Global LP is seeking to reprice as much as $3.48 billion of existing loans. Repricings leave most of the terms of a loan the same, changing mainly the interest rate paid. Lenders who agree roll into the new terms, while those who don’t can be repaid and replaced with new investors. Other firms such as Modern Aviation Inc . and vegetation man...
Income investors in the Franklin International Low Volatility High Dividend Index ETF (NYSEARCA:LVHI) get paid well to sit through a quieter ride than most equity funds. LVHI screens developed-market ex-US stocks for above-average dividend yield and below-average price and earnings volatility, then weights them to dampen single-country and single-stock risk. The fund is having a ... International ...
Income investors in the Franklin International Low Volatility High Dividend Index ETF (NYSEARCA:LVHI) get paid well to sit through a quieter ride than most equity funds. LVHI screens developed-market ex-US stocks for above-average dividend yield and below-average price and earnings volatility, then weights them to dampen single-country and single-stock risk. The fund is having a ... International Dividend Payers are Raising Payouts Even as Free Cash Flow Tightens
The company named Open Doors Partners, Unicorns Exchange, Pachamama Capital, Lionheart Ventures, Hiive, Forge Global, Sydecar and Upmarket as companies that are not authorized to provide access to buy or sell its shares.
The company named Open Doors Partners, Unicorns Exchange, Pachamama Capital, Lionheart Ventures, Hiive, Forge Global, Sydecar and Upmarket as companies that are not authorized to provide access to buy or sell its shares.
Bank greenlit construction of the Canary Wharf tower last November after Rachel Reeves’ budget spared lenders tax hikes The boss of JP Morgan, Jamie Dimon, has warned he could scrap plans to build a new £3bn UK headquarters in London if Keir Starmer is replaced by a new Labour prime minister who is hostile to banks. JP Morgan revealed plans last November to build the tower in Canary Wharf, hours a...
Bank greenlit construction of the Canary Wharf tower last November after Rachel Reeves’ budget spared lenders tax hikes The boss of JP Morgan, Jamie Dimon, has warned he could scrap plans to build a new £3bn UK headquarters in London if Keir Starmer is replaced by a new Labour prime minister who is hostile to banks. JP Morgan revealed plans last November to build the tower in Canary Wharf, hours after lenders were spared tax hikes in Rachel Reeves’s autumn budget, after strong lobbying by the banking sector. Continue reading...
On May 7, 2026, Timothy P. Sullivan, Director at Option Care Health (NASDAQ:OPCH) , reported an open-market purchase of 24,154 shares at a weighted-average price of $20.69 per share according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($20.69); post-transaction value based on May 7, 2026 market close ($20.75). * 1-year price change calculated u...
On May 7, 2026, Timothy P. Sullivan, Director at Option Care Health (NASDAQ:OPCH) , reported an open-market purchase of 24,154 shares at a weighted-average price of $20.69 per share according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($20.69); post-transaction value based on May 7, 2026 market close ($20.75). * 1-year price change calculated using May 7th, 2026 as the reference date. Continue reading
The iShares MSCI South Korea ETF (NYSEARCA:EWY) is up 80% year-to-date and about 200% over the past year, which is not what a country fund is supposed to do, especially one that spent a decade as the poster child for the “Korea discount.” The reason it has done it anyway is hiding in plain sight ... This “Boring” Country ETF Is Secretly A High-Octane AI Hardware Trade
The iShares MSCI South Korea ETF (NYSEARCA:EWY) is up 80% year-to-date and about 200% over the past year, which is not what a country fund is supposed to do, especially one that spent a decade as the poster child for the “Korea discount.” The reason it has done it anyway is hiding in plain sight ... This “Boring” Country ETF Is Secretly A High-Octane AI Hardware Trade
(RTTNews) - European stocks closed weak on Tuesday, weighed down by Middle East concerns and higher oil prices. Political uncertainty in the UK weighed as well on sentiment.
(RTTNews) - European stocks closed weak on Tuesday, weighed down by Middle East concerns and higher oil prices. Political uncertainty in the UK weighed as well on sentiment.
Rigetti Computing paired a revenue beat with a steady hand on its technical roadmap in its latest quarter, signaling a focus on the quality of its quantum systems over flashy “headline milestones.” Rigetti originally had delayed the timeline in January to allow for further technical refinements.
Rigetti Computing paired a revenue beat with a steady hand on its technical roadmap in its latest quarter, signaling a focus on the quality of its quantum systems over flashy “headline milestones.” Rigetti originally had delayed the timeline in January to allow for further technical refinements.
Sega Sammy Holdings' press release ( SGAMY ): FY GAAP EPS of - ¥ 25.59. Revenue of ¥ 487.5B (+13.7% Y/Y) beats by $484.35B. Operating Income: ¥47.10 billion , a slight decrease from the previous year's ¥48.10 billion . Adjusted EBITDA: ¥16.60 billion . The company maintains a total asset value of ¥627.30 billion and total net assets of ¥354.90 billion . More on Sega Sammy Holdings Sega Sammy Holdi...
Sega Sammy Holdings' press release ( SGAMY ): FY GAAP EPS of - ¥ 25.59. Revenue of ¥ 487.5B (+13.7% Y/Y) beats by $484.35B. Operating Income: ¥47.10 billion , a slight decrease from the previous year's ¥48.10 billion . Adjusted EBITDA: ¥16.60 billion . The company maintains a total asset value of ¥627.30 billion and total net assets of ¥354.90 billion . More on Sega Sammy Holdings Sega Sammy Holdings Inc. 2026 Q3 - Results - Earnings Call Presentation Historical earnings data for Sega Sammy Holdings Financial information for Sega Sammy Holdings
The United States market has shown robust performance, climbing 2.6% in the last seven days and achieving a remarkable 26% increase over the past year, with earnings forecasted to grow by 17% annually. In this thriving environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the business best, aligning mana...
The United States market has shown robust performance, climbing 2.6% in the last seven days and achieving a remarkable 26% increase over the past year, with earnings forecasted to grow by 17% annually. In this thriving environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the business best, aligning management interests with those of shareholders.
Jeremy Edwards/iStock Unreleased via Getty Images US Inflation Heats Up as New Fed Era Begins Rising inflation is once again dominating headlines, with April's headline CPI climbing to 3.8% year-over-year. Gas prices in particular have surged as the war in Iran has shocked energy markets. This comes on the heels of April’s FOMC meeting, which left interest rates unchanged . Notably, three official...
Jeremy Edwards/iStock Unreleased via Getty Images US Inflation Heats Up as New Fed Era Begins Rising inflation is once again dominating headlines, with April's headline CPI climbing to 3.8% year-over-year. Gas prices in particular have surged as the war in Iran has shocked energy markets. This comes on the heels of April’s FOMC meeting, which left interest rates unchanged . Notably, three officials dissented from the “easing bias” implied in the Fed’s statement, which was the highest number of dissents at a single meeting since 1992. Fed Chair Jerome Powell confirmed that his term will end on May 15 but that he plans to remain on the board until his separate term expires. Former Fed Governor Kevin Warsh is expected to take the helm following a Senate confirmation vote sometime this week. Kevin Warsh’s Fed: What His Appointment Means for Rate Cuts As Trump's nominee for Fed Chair, Warsh can be expected to face significant pressure to cut rates. In his congressional testimony, he argued that AI-driven productivity gains could help keep inflation in check, implying a rate cut path. However, any shift will require broad FOMC consensus , which has already signaled its reluctance . When looking at future rate probabilities, it appears traders are already pricing in the likelihood of a rate hike by year's end. More than 30% of traders expect an interest rate hike in December. CME FedWatch Source Link: CME FedWatch Tool as of 5/12/2026. The Bond Market Flips the Script on the Warsh Trade Since Warsh's selection for Fed chair nominee, bond traders have been steadily unwinding the “Warsh trade,” moving away from expectations of aggressive rate cuts. This coincided with the outbreak of war in Iran and subsequent energy shocks. Instead, they're pricing in a tighter monetary policy, with the 10Y-2Y spread narrowing. Bloomberg Source Link: Bloomberg However, interest rate moves are only one tool in the Fed's monetary toolbox. Warsh has also expressed his preference for a smaller ...
Shares of leading family safety platform Life360 (NASDAQ: LIF) are down 11% as of 1 p.m. ET on Tuesday after the company announced first-quarter earnings yesterday afternoon. Initially rising after hours yesterday, Life360's shares have slid today despite delivering excellent financial results. Revenue growth of 38% sailed past Wall Street's consensus, as did the company's earnings per share of $0...
Shares of leading family safety platform Life360 (NASDAQ: LIF) are down 11% as of 1 p.m. ET on Tuesday after the company announced first-quarter earnings yesterday afternoon. Initially rising after hours yesterday, Life360's shares have slid today despite delivering excellent financial results. Revenue growth of 38% sailed past Wall Street's consensus, as did the company's earnings per share of $0.03. Life360 also raised revenue guidance for 2026, now expecting 33% to 40%. However, a technical issue affecting registrations on Android devices weighed on monthly active user (MAU) growth and contributed to today's decline. Trading at 41 times free cash flow -- 123 times if you include stock-based compensation -- Life360 maintains a premium valuation even after its recent decline, so anything less than perfect earnings is viewed negatively. That said, I think Life360's earnings were excellent operationally, as the company: Image source: Getty Images. Continue reading
OpenAI ’s Sam Altman testified that he was “extremely uncomfortable” with Elon Musk ’s insistence that he have complete control over a proposed for-profit subsidiary of OpenAI back in 2017. Altman told jurors that Musk said he only wanted control of the entity in its early days, but that the billionaire was unwilling to sign a contract to that effect, frustrating fellow co-founders of the artifici...
OpenAI ’s Sam Altman testified that he was “extremely uncomfortable” with Elon Musk ’s insistence that he have complete control over a proposed for-profit subsidiary of OpenAI back in 2017. Altman told jurors that Musk said he only wanted control of the entity in its early days, but that the billionaire was unwilling to sign a contract to that effect, frustrating fellow co-founders of the artificial intelligence startup. “A particularly hair-raising moment was when my co-founders asked Mr. Musk, ‘If you have control, what happens when you die?’” Altman said. “He said something like, ‘I haven’t thought about it a ton, but maybe I should pass it to my children.’” “I didn’t feel comfortable with that,” Altman added. The OpenAI chief executive officer took the witness stand Tuesday morning in the final days of the high-profile trial. Musk has accused Altman and company president Greg Brockman of seeking to enrich themselves by abandoning the nonprofit’s altruistic mission and converting it into a for-profit business company with billions of dollars in investments from Microsoft Corp . Musk previously testified that he started losing confidence in Altman and Brockman during the 2017 negotiations about OpenAI’s future. He was OpenAI’s biggest financial backer at the time, and thought his equity in its for-profit venture should reflect that. Musk testified that he gave OpenAI roughly $38 million in the form of quarterly donations and rent payments for its office space — far less than the $1 billion he initially pledged. Altman told jurors on Tuesday that he contributed $3.75 million to the nonprofit when it first started, and then gave “a multiple of that” in equity interests he held to employees in its early days. Altman has repeatedly said he doesn’t currently have a direct equity stake in OpenAI. Altman said he and the other co-founders also devoted significant time and effort toward launching OpenAI, and he felt frustrated that those efforts were not reflected in Musk’...
(Bloomberg) -- OpenAI’s Sam Altman testified that he was “extremely uncomfortable” with Elon Musk’s insistence that he have complete control over a proposed for-profit subsidiary of OpenAI back in 2017.Most Read from BloombergInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaIran Makes New Offer on Uranium in Response t...
(Bloomberg) -- OpenAI’s Sam Altman testified that he was “extremely uncomfortable” with Elon Musk’s insistence that he have complete control over a proposed for-profit subsidiary of OpenAI back in 2017.Most Read from BloombergInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaIran Makes New Offer on Uranium in Response to US, WSJ SaysNvidia’s CEO to Miss China Trip After Year of Travels With TrumpAltman told jurors tha
Nelson Peltz's Trian Discussing Wendy's Go-Private Takeover Shares of Wendy's jumped in premarket trading after the Financial Times reported that Nelson Peltz's Trian Fund Management is considering taking the hamburger chain private and is seeking investors to back the deal. FT noted: Trian in recent weeks has held discussions with outside investors, including in the Middle East, about financing a...
Nelson Peltz's Trian Discussing Wendy's Go-Private Takeover Shares of Wendy's jumped in premarket trading after the Financial Times reported that Nelson Peltz's Trian Fund Management is considering taking the hamburger chain private and is seeking investors to back the deal. FT noted: Trian in recent weeks has held discussions with outside investors, including in the Middle East, about financing a potential takeover of Wendy's, according to people familiar with the matter. Earlier this year, Trian stated in a regulatory filing that Wendy's is "currently undervalued," fueling speculation that Peltz would push for significant changes. FT's report continued: Trian has not made a formal approach to buy Wendy's and there is no guarantee that the financing discussions will result in a takeover bid, the people said. Peltz pushed for Wendy's to consider strategic options in 2022 before backing down a year later. Trian's possible take-private bid comes as Wendy's stock remains locked in a 72% bear market since its 2020 peak near $25 per share. The chain has faced sluggish traffic, higher beef costs, and intensified competition from McDonald's, Burger King, and Chipotle. Wendy's shares track USDA retail beef prices (inverted) ... Wendy's is currently executing a "Fresh Start" turnaround plan to boost U.S. sales, update its menu, and shutter underperforming restaurants. For Peltz, Wendy's current valuation appears to be 'price is right'… Tyler Durden Tue, 05/12/2026 - 13:35
Thomas J. Herzfeld Advisors, Inc. disclosed a sale of 492,275 shares of Bluerock Private Real Estate Fund (NYSE:BPRE) in its May 12, 2026, SEC filing, an estimated $7.78 million transaction based on quarterly average pricing. According to its SEC filing dated May 12, 2026, Thomas J. Herzfeld Advisors, Inc. reduced its holding in Bluerock Private Real Estate Fund by 492,275 shares during the first ...
Thomas J. Herzfeld Advisors, Inc. disclosed a sale of 492,275 shares of Bluerock Private Real Estate Fund (NYSE:BPRE) in its May 12, 2026, SEC filing, an estimated $7.78 million transaction based on quarterly average pricing. According to its SEC filing dated May 12, 2026, Thomas J. Herzfeld Advisors, Inc. reduced its holding in Bluerock Private Real Estate Fund by 492,275 shares during the first quarter. The estimated transaction value was $7.78 million, calculated using the quarterly average share price. The fund’s quarter-end position in the company stood at 362,504 shares, valued at $6.02 million. Bluerock Private Real Estate Fund provides investors with access to a curated portfolio of private real estate assets, leveraging professional management and sector expertise. The fund's strategy centers on income generation and capital appreciation through disciplined property selection and active portfolio oversight. This approach is designed to deliver risk-adjusted returns and diversification benefits for sophisticated investors. Continue reading