Bridger Aerospace Group ( BAER ) on Monday said it secured two 160-day task orders from the U.S. Forest Service for four of its CL-415EAF "Super Scooper" aircraft, representing at least $30M in standby revenue for 2026. The contracts mark the longest guaranteed deployment period in the company’s history, adding 40 days per aircraft compared with last year’s 120-day commitments. One task order bega...
Bridger Aerospace Group ( BAER ) on Monday said it secured two 160-day task orders from the U.S. Forest Service for four of its CL-415EAF "Super Scooper" aircraft, representing at least $30M in standby revenue for 2026. The contracts mark the longest guaranteed deployment period in the company’s history, adding 40 days per aircraft compared with last year’s 120-day commitments. One task order began immediately on May 8, while the second extends wildfire coverage into the fourth quarter of 2026. More on Bridger Aerospace Group Holdings Bridger Aerospace Group Holdings, Inc. (BAER) Q1 2026 Earnings Call Transcript Bridger Aerospace Group Holdings, Inc. (BAER) Q4 2025 Earnings Call Transcript Bridger Aerospace targets over 25% revenue growth in 2026 as new fleet assets and contracts expand operations Bridger Aerospace Group Holdings GAAP EPS of -$0.40 misses by $0.10, revenue of $8.54M beats by $2.04M Seeking Alpha’s Quant Rating on Bridger Aerospace Group Holdings
The ESPN star has done brilliant work for Black students. I wrote an open letter to him explaining why his comments on politics alienate much of his audience Dear Stephen A Smith, Let me first say that I tremendously respect all you do for historically Black colleges and universities. You have helped generate millions in scholarships , promoted student enrollment and brought national media attenti...
The ESPN star has done brilliant work for Black students. I wrote an open letter to him explaining why his comments on politics alienate much of his audience Dear Stephen A Smith, Let me first say that I tremendously respect all you do for historically Black colleges and universities. You have helped generate millions in scholarships , promoted student enrollment and brought national media attention to HBCUs across the United States. Specifically, as ambassador, you have promoted the annual HBCU College Fair, which has garnered over $12m in scholarships. You encourage students to consider HBCUs for their higher education, highlighting the community and nurturing environment they provide. Etan Thomas played in the NBA from 2000 through 2011. He is a published author, podcaster, poet, activist and motivational speaker. Continue reading...
Welcome back to Bloomberg’s Auto Monitor , a weekly roundup of stories on the automotive industry from reporters around the world. Sign up now if you’re not already on the list. The accord unveiled Friday between Stellantis and Leapmotor is one of the first examples of a major Western automaker relying on Chinese technology to bolster its lineup in Europe. That could herald a sea change for the co...
Welcome back to Bloomberg’s Auto Monitor , a weekly roundup of stories on the automotive industry from reporters around the world. Sign up now if you’re not already on the list. The accord unveiled Friday between Stellantis and Leapmotor is one of the first examples of a major Western automaker relying on Chinese technology to bolster its lineup in Europe. That could herald a sea change for the continent. We also have stories on a plunge in Chinese car sales, a surprising forecast from Toyota and Polestar’s pursuit of a net-zero car. Market Snapshot Stellantis NV $7.74 +3.5% Volkswagen AG $90.75 +0.7% Tesla Inc $428.35 +4.0% Toyota Motor Corp $2,870.00 -1.5% BYD Co Ltd $101.70 +2.0% Market data as of 09:13 AM ET. Data is subject to provider delays. The big story Stellantis is turning to China for help with overhauling its European operations, a move that could shape the future of carmaking in the region. The owner of the Fiat and Opel brands on Friday announced plans to hand its factory in Madrid, Spain, to a joint venture with Leapmotor. The Chinese partner will also work with Opel on a new electric SUV that the Zaragoza plant may produce as soon as 2028. The move would secure future output and jobs in Spain, while giving Leapmotor the local production footprint it needs to sidestep European Union import tariffs and tightening local content rules. While that reads like a win-win, it’s a sea change for Europe’s automaking landscape, and a recognition by Stellantis that it needs the advanced EV technology and speedy development cycles pioneered in China to compete. And the closer collaboration with a fast-moving Chinese manufacturer may well foreshadow more such deals in the region. Volkswagen CEO Oliver Blume recently said he was open to sharing its European factories with Chinese partner. Investors expect to hear more from Stellantis CEO Antonio Filosa and Chairman John Elkann about the future strategy of the conglomerate at an event in the US later this month. Whi...
Shares of IREN (NASDAQ:IREN) are down roughly 9% in early Monday trading to $55.83, giving back a chunk of Friday’s powerful rally. The move follows Friday’s 8% surge to $61.20, which was triggered by a landmark AI cloud partnership with NVIDIA (NASDAQ:NVDA). Profit-takers are clearly stepping in after a parabolic run. IREN stock is still ... IREN Drops 9% After Friday Rip: NVIDIA AI Cloud Excitem...
Shares of IREN (NASDAQ:IREN) are down roughly 9% in early Monday trading to $55.83, giving back a chunk of Friday’s powerful rally. The move follows Friday’s 8% surge to $61.20, which was triggered by a landmark AI cloud partnership with NVIDIA (NASDAQ:NVDA). Profit-takers are clearly stepping in after a parabolic run. IREN stock is still ... IREN Drops 9% After Friday Rip: NVIDIA AI Cloud Excitement Cools as Profit-Taking Hits
MikeMareen/iStock via Getty Images Investment Thesis In my last article about Super Micro Computer Inc. (NASDAQ: SMCI ), I mentioned the company’s main growth catalyst, namely: The fast-to-market of Data Center Building Block Solutions (DCBBS) Tech moat in cooling systems with its Direct Liquid Cooling (DLC) product Global expansion In the present article, I will assess how well, or not, the above...
MikeMareen/iStock via Getty Images Investment Thesis In my last article about Super Micro Computer Inc. (NASDAQ: SMCI ), I mentioned the company’s main growth catalyst, namely: The fast-to-market of Data Center Building Block Solutions (DCBBS) Tech moat in cooling systems with its Direct Liquid Cooling (DLC) product Global expansion In the present article, I will assess how well, or not, the above catalysts are performing. In addition, I will try to value the company based on its surer aspects, such as revenue growth and strong demand, in combination with crucial uncertain aspects of revenue timing, supply constraints, and heavy working capital needs. Recap and Assessment of Growth Catalysts Performance Fast Time-to-Market of DCBBS As I wrote in my previous article: “DCBBS includes every hardware component that a data center needs to operate, such as GPU, CPU, storage, cooling systems, and any other hardware, with the target of offering a ‘plug-and-play’ solution for its clients”. Q3’26 Presentation Management used phrases like : Our DCBBS business continues to grow exactly as what we plan, showing a consistent and accelerating contribution to our top line and bottom line quarter-over-quarter. And I believe our DCBBS will soon contribute more than 25% of our total profit in the coming few years. We expect DCBBS, including software and service to continue its rapid growth and to become a major part of our key value mechanism. Domestically, we recently announced our largest U.S. site to date, a new DCBBS campus in Silicon Valley, just 1 mile away from our headquarter. In next 2 years, I personally expect at least 20% of our net income will be from DCBBS, including the management software. In short, SMCI believes that DCBBS is a game changer for itself because it creates value for its clients and could boost its low margins. My concern is that management did not disclose any specific quantitative metrics about how the DCBBS business performs. Instead, management focuse...
Choosing between iShares Gold Trust (NYSEMKT:IAU) and SPDR Gold Shares (NYSEMKT:GLD) involves weighing the lower management fees of IAU against the superior trading liquidity and institutional presence of GLD. Both funds are designed to track the spot price of gold bullion by holding physical bars in secure vaults, providing investors with a way to own the metal without the logistical hurdles of s...
Choosing between iShares Gold Trust (NYSEMKT:IAU) and SPDR Gold Shares (NYSEMKT:GLD) involves weighing the lower management fees of IAU against the superior trading liquidity and institutional presence of GLD. Both funds are designed to track the spot price of gold bullion by holding physical bars in secure vaults, providing investors with a way to own the metal without the logistical hurdles of storage and insurance. While they offer nearly identical exposure to the precious metal, their differing fee structures and trading volumes make each better suited for specific types of investors. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. The dividend yield represents the trailing-12-month distribution yield. Continue reading
JTKPHOTOz/iStock via Getty Images Income strategy overview Income investing is the strategy that I have chosen for achieving financial independence and the option to venture into stress-free retirement. Since a very critical precondition for my income-based retirement is income stability and smooth compounding which doesn't come at the expense of NAV decay, "too good to be true" yields are not an ...
JTKPHOTOz/iStock via Getty Images Income strategy overview Income investing is the strategy that I have chosen for achieving financial independence and the option to venture into stress-free retirement. Since a very critical precondition for my income-based retirement is income stability and smooth compounding which doesn't come at the expense of NAV decay, "too good to be true" yields are not an option. In this category I would include single stock covered call ETFs ( NVDY ), equity CLOs ( OXLC ), thin margin of safety BDCs ( HRZN ), leveraged option income ETFs ( XQQI ) and so on. In essence, almost everything that combines high leverage with subpar quality fundamentals falls out of my investable scope. At the same time, dividend yielders that deliver something much less than, say, 3% are what I also tend to avoid. I just don't view this yield lever as optimal in the context of my overall objectives - i.e., to hit a specific amount of portfolio cash flow as fast as possible without burning my nerves (and, importantly, without losing money). So, the next strategic choice that has to be made is in which category to lean into: Low yields, high-income growth. Medium yields, some organic income growth. High yields, no income growth. The first one is where we sacrifice high incremental income impact from the get-go in order to access stronger organic income growth compounding. The Schwab U.S. Dividend Equity ETF ( SCHD ) represents this space very well. It yields 3.3% and has a 10-year dividend CAGR of ~10%. Brookfield Infrastructure Partners L.P. ( BIP ) is a bit more balanced choice with a 4.9% yield and a 10-year dividend CAGR of ~7%. The second is about material dividend yields from the start which come with "inflation-level" organic income growth. Here the risks start to increase as we move away from blue-chip growth businesses (first category) to already mature and potentially declining businesses. So, doing individual deep dives to scoop up the right picks is qui...
Alex Cristi /iStock via Getty Images Summary During the first quarter of 2026, the Polen 5Perspectives Small Growth Composite Portfolio returned 3.3% gross and 3.0% net of fees, respectively, compared to the -2.8% return of the Russell 2000 Growth Index. The top contributors to relative performance in the period were Powell Industries ( POWL ), Argan ( AGX ), and Bloom Energy ( BE ). The most sign...
Alex Cristi /iStock via Getty Images Summary During the first quarter of 2026, the Polen 5Perspectives Small Growth Composite Portfolio returned 3.3% gross and 3.0% net of fees, respectively, compared to the -2.8% return of the Russell 2000 Growth Index. The top contributors to relative performance in the period were Powell Industries ( POWL ), Argan ( AGX ), and Bloom Energy ( BE ). The most significant detractors from the Portfolio's relative performance in the quarter were GeneDx ( WGS ), Figure Technology ( FIGR ), and Alphatec Holdings ( ATEC ). Volatility was a defining feature of the first quarter, with rapidly shifting narratives. Over the quarter, the wall of worry emerged starting with AI related disruption in software and the related "HALO" trade, mounting private credit concerns, and in the final month of the quarter, geopolitical risk given the onset of the war in Iran. The heightened volatility will likely remain a feature of markets for the foreseeable future. If ever having a dynamic process to a constantly changing opportunity set was important, this year has put that on full display. Seeks Growth & Capital Preservation (Performance (%) as of 3-31-2026) As of 3-31-2026, the Polen U.S. Small Cap Growth strategy has been renamed to Polen 5Perspectives Small Growth. Performance shown represents results achieved at prior firms. The Polen 5Perspectives Small Growth strategy ((the "Strategy")) began in November 2000 and was managed by Cupps Capital until October 2016 at which time it was transitioned to Advisory Research Investment Management. In March 2024, it transitioned to Bosun Asset Management, and subsequently in June 2025, it transitioned to Polen Capital. Andrew Cupps has served as the portfolio manager of the Strategy since inception. Mr. Cupps has been supported in his role as portfolio manager by various individuals, including Kevin Leitner and Chris Bush. Mr. Leitner has worked on the Strategy since inception. Mr. Bush began working on the St...
Updates on day four from the latest round of games Read the Spin | Mail Tanya or post BTL With four overs lost. Things are about to sprout into action elsewhere. “Now then, Tanya!” Hell0 there Tim Maitland. Continue reading...
Updates on day four from the latest round of games Read the Spin | Mail Tanya or post BTL With four overs lost. Things are about to sprout into action elsewhere. “Now then, Tanya!” Hell0 there Tim Maitland. Continue reading...
Danske Bank A/S is stepping up its financing of the defense sector, adding newer so-called dual-use technologies to its loan book as any lingering ethical concerns about such exposures evaporate. “I don’t see our position being perceived as controversial or challenged,” Johanna Norberg , head of business customers at the Copenhagen-based bank, said in an interview. “If anything, the opposite.” Wil...
Danske Bank A/S is stepping up its financing of the defense sector, adding newer so-called dual-use technologies to its loan book as any lingering ethical concerns about such exposures evaporate. “I don’t see our position being perceived as controversial or challenged,” Johanna Norberg , head of business customers at the Copenhagen-based bank, said in an interview. “If anything, the opposite.” Willingness to bankroll companies that manufacture weapons and other technologies used in war has been picking up in recent years. In Denmark, one of Ukraine’s largest military backers relative to its GDP, the country’s largest bank says its credit exposure to large corporates and institutional clients has been growing as much as 20% annually over the past five years. That’s faster than the average across other industries, according to Joachim Alpen , Danske’s head of large corporates and institutions. Newer defense technology firms have in the past sometimes struggled to get access to financing, even though they often have solid pipelines with future orders, Alpen said. Now, however, there’s little to suggest that the finance industry represents a “bottleneck” for growth in the sector, he said. Dual-use companies — firms whose products can serve both civilian and military purposes — are an increasingly important part of the defense supply chain and therefore a sector in need of funding, Norberg said. At the same time, more established defense companies are increasingly looking for guarantees and foreign-exchange hedging linked to international contracts, while their basic financing needs have increased more moderately, Alpen said. Danske Bank continues to exclude certain controversial weapons such as anti-personnel mines, cluster munitions, biological and chemical weapons, as well as nuclear weapons outside the Non-Proliferation Treaty.