Getty Images After reaching a record high of over $126,000 per token in October 2025, Bitcoin ( BTC-USD ) corrected to a low of over half that level in February 2026 before recovering. Meanwhile, the Bitwise Crypto Industry Innovators ETF ( BITQ ) has followed a similar pattern. I last wrote about BITQ on Seeking Alpha on February 6, 2026, where I concluded with the following: BITQ should continue...
Getty Images After reaching a record high of over $126,000 per token in October 2025, Bitcoin ( BTC-USD ) corrected to a low of over half that level in February 2026 before recovering. Meanwhile, the Bitwise Crypto Industry Innovators ETF ( BITQ ) has followed a similar pattern. I last wrote about BITQ on Seeking Alpha on February 6, 2026, where I concluded with the following: BITQ should continue to move in tandem with Bitcoin prices. Therefore, the pick-and-shovel cryptocurrency ETF provides exposure to the volatile asset class. Given the U.S. legislation through the GENIUS Act, the expanding addressable market among banks and financial institutions, the need for technological innovation in U.S. and global finance, and the asset class’s volatile nature that attracts significant and rising speculative interest, I rate BITQ a Buy at the current price. Bitcoin was trading at $75,867.33 per token on February 3, while BITQ was trading at $20.14 per share. On May 8, Bitcoin was trading around $80,000, while BITQ was at $26.80 per share. Bitcoin has been consolidating since early February and could be breaking out After reaching a low on February 5, 2026, at just above $60,500, Bitcoin consolidated with a bullish bias. Daily Chart of Bitcoin in U.S. Dollars (Barchart) The daily nine month chart shows that Bitcoin traded between $62,658 and $75,952.37 from February 9 through April 13. However, the leading cryptocurrency has made higher lows and higher highs, moving above $82,800 per token on May 6, and was near $80,000 on May 8. The BITQ ETF owns shares in cryptocurrency-related companies The fund profile for the Bitwise Crypto Industry Innovators ETF states: Fund Profile for the BITQ ETF (Seeking Alpha) At just under $27 per share, BITQ had $491.95 million in assets under management. BITQ trades an average of 205,878 shares per day and charges a 0.85% management fee. BITQ’s top holdings include: Top Holdings of the BITQ ETF (Seeking Alpha) BITQ owns shares of cryptocurre...
During the financial crisis, Bank of America (NYSE: BAC) got absolutely hammered. In fact, there were times when industry experts questioned whether the bank would survive. After all, several century-old financial institutions that were thought to be bulletproof ended up closing their doors forever, and Bank of America had an abundance of questionable assets. However, the bank quickly began taking...
During the financial crisis, Bank of America (NYSE: BAC) got absolutely hammered. In fact, there were times when industry experts questioned whether the bank would survive. After all, several century-old financial institutions that were thought to be bulletproof ended up closing their doors forever, and Bank of America had an abundance of questionable assets. However, the bank quickly began taking steps to recover under its new CEO, Brian Moynihan. Several investors, including Warren Buffett, saw value in the beaten-down bank stock and decided to buy shares -- and I did as well, accumulating a position in 2012 and 2013. I still own it today and haven't sold a share. Image source: The Motley Fool. Continue reading
DNY59/iStock via Getty Images On Friday, the technology sector’s relentless climb continued, with Nasdaq, as represented by the Invesco QQQ Trust ETF ( QQQ ), trading at an all-time high. The Bureau of Labor Statistics reported that total nonfarm payroll employment edged up by 115,000 in April . Unemployment did not change, holding steady at 4.3%. On May 12, 2026 , the BLS will post the consumer p...
DNY59/iStock via Getty Images On Friday, the technology sector’s relentless climb continued, with Nasdaq, as represented by the Invesco QQQ Trust ETF ( QQQ ), trading at an all-time high. The Bureau of Labor Statistics reported that total nonfarm payroll employment edged up by 115,000 in April . Unemployment did not change, holding steady at 4.3%. On May 12, 2026 , the BLS will post the consumer price index for the same period. After a red-hot CPI increase in March, how might markets respond to the upcoming report? Job Growth In April 2026 Employment is one of the two figures that the Federal Reserve considers when it sets its interest rate policy. Last month, job gains grew in health care (+37,000), transportation and warehousing (+30,000), and retail trade (+22,000). However, couriers and messengers accounted for a 38,000 increase in jobs. This is reminiscent of China’s job market after Covid and amid tech firms cutting jobs. Tech workers needed to take courier and food delivery jobs. Jobs in information fell by 13,000, while the government cut jobs (by 9,000). The headline job growth validates the Fed’s decision to hold interest rates. However, expect the central bank to have a bias to raise interest rates after it reviews the upcoming CPI report. April Consumer Price Index Investors appear dismissive of energy inflation. WTI crude prices ( CL1:COM ) traded at no lower than the low $80s and briefly near the $110 level. Prices cycled in the $95 range throughout April. WTI crude chart (oilprice) In March, the index for energy increased by 10.9%. The index for gasoline rose by 21.2%, which accounted for nearly three-quarters of the CPI all-items increase. In addition, the shelter index, which consumers cannot avoid, increased by 0.3%. Excluding food and energy, the index for all items rose by 0.2% that month. In the upcoming report, investors might speculate that this figure will rise. Airline fares increased as firms like American Airlines ( AAL ) charged consumers...
Shares of Arista Networks (NYSE: ANET) got slammed earlier this week after the networking company reported strong first-quarter results, but warned that supply constraints could affect revenue growth and gross margins moving the rest of the year and into 2027. The stock is still up about about 7.6% on the year and more than 55% over the past year, as of this writing. Let's dig into Arista's result...
Shares of Arista Networks (NYSE: ANET) got slammed earlier this week after the networking company reported strong first-quarter results, but warned that supply constraints could affect revenue growth and gross margins moving the rest of the year and into 2027. The stock is still up about about 7.6% on the year and more than 55% over the past year, as of this writing. Let's dig into Arista's results and guidance to see if this recent dip is a good opportunity to buy the stock. Image source: The Motley Fool. Continue reading
The Pentagon has begun releasing a wave of government files on unidentified flying objects. Following a directive from President Trump, agencies are now identifying and declassifying decades of records. (Source: Bloomberg)
The Pentagon has begun releasing a wave of government files on unidentified flying objects. Following a directive from President Trump, agencies are now identifying and declassifying decades of records. (Source: Bloomberg)
Earnings Call Insights: Calumet, Inc. (CLMT) Q1 2026 Management View “Late in the quarter, we saw the renewable fuels market take a major step forward following EPA's long-awaited Set 2 RVO announcement, and we entered one of the strongest margin environments we've seen across both traditional and renewable energy markets,” said CEO Louis Borgmann. He added that the company “brought down Montana R...
Earnings Call Insights: Calumet, Inc. (CLMT) Q1 2026 Management View “Late in the quarter, we saw the renewable fuels market take a major step forward following EPA's long-awaited Set 2 RVO announcement, and we entered one of the strongest margin environments we've seen across both traditional and renewable energy markets,” said CEO Louis Borgmann. He added that the company “brought down Montana Renewables for a turnaround in MaxSAF 150 expansion in early March and successfully commenced operations in early May,” and framed the setup as positioning Calumet “to capture these tailwinds, further accelerate deleveraging.” Borgmann emphasized Specialties’ price response to crude volatility, saying, “In March, crude oil prices increased over 50% in the 2-week period… Our commercial team rapidly executed on over 20 price increases across our product lines to counter the cost escalation.” He also highlighted segment resilience: “The fact that our SPS specialties business was able to demonstrate $54 a barrel margins this past quarter despite the rapid cost inflation is a testament to the nimbleness of this team.” “The company generated $50.1 million of adjusted EBITDA with tax attributes,” CFO David Lunin said, adding results “didn't fully capture the opportunity the market provided due to a previously disclosed operational event in Shreveport.” Lunin quantified the impact, saying the organic chloride issue “caused a loss of about 750,000 barrels of production” and “cost us over $30 million of lost opportunity.” On Montana Renewables, Lunin said the MaxSAF 150 expansion was “on time and on budget,” and described the commercial framework as “a diversified portfolio of customers with a contractual SAF premium of $1 to $2 per gallon over renewable diesel.” He also tied the project to volume mix, stating it “will deliver a four to fivefold increase in SAF volumes on an annual run rate basis.” Outlook Management did not issue formal companywide revenue or EPS guidance in the prep...
Previous high for Category 1 had been $10,990 Resale tickets for final listed from $8,000 to $11.5m New Jersey reps pen letter to Infantino about ticketing Fifa tripled the price of its best available tickets to the World Cup final, making $32,970 seats available on Thursday for the 19 July match at MetLife Stadium in East Rutherford, New Jersey. The governing body listed those seats as Front Cate...
Previous high for Category 1 had been $10,990 Resale tickets for final listed from $8,000 to $11.5m New Jersey reps pen letter to Infantino about ticketing Fifa tripled the price of its best available tickets to the World Cup final, making $32,970 seats available on Thursday for the 19 July match at MetLife Stadium in East Rutherford, New Jersey. The governing body listed those seats as Front Category 1 on its sales site. Continue reading...
Earnings Call Insights: Howard Hughes Holdings Inc. (HHH) Q1 2026 Management View CEO & Director David O'Reilly said the company is “introducing several new KPIs this quarter” to better reflect how it manages the business across “master planned communities, operating assets, condominiums and then other expenses along with our debt and liquidity position.” CEO O'Reilly said “our earnings release no...
Earnings Call Insights: Howard Hughes Holdings Inc. (HHH) Q1 2026 Management View CEO & Director David O'Reilly said the company is “introducing several new KPIs this quarter” to better reflect how it manages the business across “master planned communities, operating assets, condominiums and then other expenses along with our debt and liquidity position.” CEO O'Reilly said “our earnings release no longer includes annual guidance,” adding, “Given the pending acquisition of Vantage, we've elected to remove annual guidance expectations and will instead shift our focus to longer-term objectives by platform.” He also said Q1 land sales and MPC EBT were “ahead of our expectations,” and “if not for the transaction, we would have increased MPC EBT guidance for the year.” CEO O'Reilly reported MPC earnings before taxes of $84M, “up 33% year-over-year,” driven by higher residential land sales, and framed pricing power as central: “We're not selling land. We're harvesting scarcity.” CEO O'Reilly said operating asset NOI “grew 2% year-over-year and 7% on a trailing 12-month same-store basis,” and introduced “adjusted maintenance free cash flow” as a new recurring cash metric for operating assets. CEO O'Reilly said at Ward Village it “completed Ulana and broke ground on The Launiu, which is already 70% (sic) [ 74% ] presold,” and added, “Condo gross profit was roughly breakeven in the first quarter as expected and will increase meaningfully in the second quarter with Park Ward Village closings,” while emphasizing the model: “It's a model where our buyers and lenders are essentially financing the construction and we collect the upside at the end.” CEO O'Reilly said G&A was $25.8M, including “$3.8 million of Pershing fees” and “$3.4 million of Vantage-related transaction costs,” and said the company ended the quarter with $1.8B of cash, including “$907 million at the HHH level and $929 million at the HHC level.” The CFO did not deliver prepared remarks in the provided Q1 transcrip...
gamma. CEO & Co-Founder Larry Jackson discusses his career in the music industry, his relationship with Kanye West, and how artificial intelligence has changed the business. He talks with Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)
gamma. CEO & Co-Founder Larry Jackson discusses his career in the music industry, his relationship with Kanye West, and how artificial intelligence has changed the business. He talks with Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)