jetcityimage/iStock Editorial via Getty Images U.S. prescriptions for Eli Lilly’s ( LLY ) new obesity pill Foundayo reached 7,335 during the fourth week of its market launch, indicating a slight uptick compared to the prior week, according to analysts, Reuters reported. During the third week of its U.S. availability, the once-daily pill was prescribed 5,612 times in a market dominated by Novo Nord...
jetcityimage/iStock Editorial via Getty Images U.S. prescriptions for Eli Lilly’s ( LLY ) new obesity pill Foundayo reached 7,335 during the fourth week of its market launch, indicating a slight uptick compared to the prior week, according to analysts, Reuters reported. During the third week of its U.S. availability, the once-daily pill was prescribed 5,612 times in a market dominated by Novo Nordisk ( NVO ), which launched its rival drug, the Wegovy pill, early this year. The findings were based on prescription data from healthcare analytics firm IQVIA ( IQV ), which tracks retail prescriptions as well as direct-to-consumer, telehealth, and mail-order prescriptions. During the fourth week of its market launch, the Wegovy pill garnered more than 28,000 prescriptions in the U.S., a sign that the Indiana-based drugmaker continues to trail its Danish rival in the market for oral obesity drugs. While Foundayo prescription data was lower, "we're beginning to see investors looking past initial weekly script tracking metrics as the barometer for Foundayo's future potential, ” RBC Capital Markets analyst Trung Huynh said. With its Q1 2026 results, Eli Lilly ( LLY ) hiked its outlook, with CEO Dave Ricks noting that the market rollout of Foundayo will be “just fine," and more than 20,000 patients have initiated the therapy during its first few weeks on the market. “This is going to play out over quarters, not days, and I just ask people to take a beat and let us execute,” he said. More on Eli Lilly Eli Lilly: No Big Gap To Competition Eli Lilly and Company 2026 Q1 - Results - Earnings Call Presentation Eli Lilly: Buying Opportunity Knocking On The Front Door Again (Rating Upgrade) Dividend Roundup: Eli Lilly, PepsiCo, Apple, Visa, and more Lilly to spend $4.5B to expand manufacturing at two Indiana sites
Iryna Drozd/iStock via Getty Images NVDA stock: FQ1 2027 earnings preview I last wrote on Nvidia Corporation ( NVDA ) stock on March 20 in an article titled “ Nvidia: The Significance Of $6 Tokenomics (Rating Upgrade) .” As stated in the title, the article argued for a rating upgrade to Buy based on the potential shift of the company from a hardware provider to an AI tokenomics architect. Since th...
Iryna Drozd/iStock via Getty Images NVDA stock: FQ1 2027 earnings preview I last wrote on Nvidia Corporation ( NVDA ) stock on March 20 in an article titled “ Nvidia: The Significance Of $6 Tokenomics (Rating Upgrade) .” As stated in the title, the article argued for a rating upgrade to Buy based on the potential shift of the company from a hardware provider to an AI tokenomics architect. Since then, there have been some new catalysts evolving around both NVDA and also its competitors, as many of them have provided their latest earnings report (ER) for the first calendar quarter of 2026. These ERs have triggered relatively large divergence in terms of share prices movements among the hyperscalers (see the next chart below for an example). For NVDA, it is scheduled to release its next ER, for its 1 st fiscal quarter of 2027, on May 20, 2026. Seeking Alpha Against this background, the goal of this article is to A) explain the changes I anticipate in the ER regarding NVDA’s cash deployment, and B) argue why these changes are total feasibility and could help to expand NVDA’s valuation multiples. As shown in the next chart, with the price and earnings changes since my last writing, NVDA has become the relatively cheaper stock among close peers. For instance, among the mag 7 stocks, its FY1 P/E of 25.3x is the 3 rd lowest (slightly higher than MSFT’s ~25.0x and above META’s 19.3x by a larger margin). Given its growth potential, it becomes the second cheapest in terms of FY2 and FY3 P/E ratios as seen. Next, I will explain a change in cash deployment could support a re-rating of its P/E multiples. Seeking Alpha NVDA stock: too much cash Nvidia has a cash problem: it has too much cash. For instance, on the balance sheet (see the next chart), it has the largest cash pile and lowest leverage among the Mag 7 peers, which all have superb balance sheet strength to start with in my view. And I will have to add that the difference between NVDA and the rest of Mag 7 is massive. To ...
Iryna Drozd/iStock via Getty Images NVDA stock: FQ1 2027 earnings preview I last wrote on Nvidia Corporation ( NVDA ) stock on March 20 in an article titled “ Nvidia: The Significance Of $6 Tokenomics (Rating Upgrade) .” As stated in the title, the article argued for a rating upgrade to Buy based on the potential shift of the company from a hardware provider to an AI tokenomics architect. Since th...
Iryna Drozd/iStock via Getty Images NVDA stock: FQ1 2027 earnings preview I last wrote on Nvidia Corporation ( NVDA ) stock on March 20 in an article titled “ Nvidia: The Significance Of $6 Tokenomics (Rating Upgrade) .” As stated in the title, the article argued for a rating upgrade to Buy based on the potential shift of the company from a hardware provider to an AI tokenomics architect. Since then, there have been some new catalysts evolving around both NVDA and also its competitors, as many of them have provided their latest earnings report (ER) for the first calendar quarter of 2026. These ERs have triggered relatively large divergence in terms of share prices movements among the hyperscalers (see the next chart below for an example). For NVDA, it is scheduled to release its next ER, for its 1 st fiscal quarter of 2027, on May 20, 2026. Seeking Alpha Against this background, the goal of this article is to A) explain the changes I anticipate in the ER regarding NVDA’s cash deployment, and B) argue why these changes are total feasibility and could help to expand NVDA’s valuation multiples. As shown in the next chart, with the price and earnings changes since my last writing, NVDA has become the relatively cheaper stock among close peers. For instance, among the mag 7 stocks, its FY1 P/E of 25.3x is the 3 rd lowest (slightly higher than MSFT’s ~25.0x and above META’s 19.3x by a larger margin). Given its growth potential, it becomes the second cheapest in terms of FY2 and FY3 P/E ratios as seen. Next, I will explain a change in cash deployment could support a re-rating of its P/E multiples. Seeking Alpha NVDA stock: too much cash Nvidia has a cash problem: it has too much cash. For instance, on the balance sheet (see the next chart), it has the largest cash pile and lowest leverage among the Mag 7 peers, which all have superb balance sheet strength to start with in my view. And I will have to add that the difference between NVDA and the rest of Mag 7 is massive. To ...
The Canadian government is launching consultations on proposals to fast-track federal assessments of major projects, with the aim of completing reviews and making decisions within one year. Intergovernmental Affairs Minister Dominic LeBlanc and Transport Minister Steven MacKinnon announced on Friday that the government will engage with Canadians over a 30-day period on streamlining reviews of larg...
The Canadian government is launching consultations on proposals to fast-track federal assessments of major projects, with the aim of completing reviews and making decisions within one year. Intergovernmental Affairs Minister Dominic LeBlanc and Transport Minister Steven MacKinnon announced on Friday that the government will engage with Canadians over a 30-day period on streamlining reviews of large projects. Specifically, the government is proposing to ensure federal reviews and decision-making timelines take no more than a year once proponents have submitted all the project information. The government is also proposing to create a regulatory system to ensure only a single federal decision is needed for major project approvals. Read More: IEA Head Calls on Canada to Move Faster on Energy Amid Oil Shock The proposed changes to apply to all projects reviewed by the federal government, expanding beyond the government’s new policy of rendering a decision within two years on proposals referred to the Major Projects Office. “The proposed regulatory and legislative reforms are part of our ambitious plan to build a stronger Canada — helping companies across the country build their projects faster, attracting investment, boosting our competitiveness, and growing Canada’s economy,” LeBlanc said in a statement. The government is also launching consultations on proposals to diversify Canadian trade.
Earnings Call Insights: Cloudflare (NET) Q1 2026 Management View CEO Matthew Prince said, "We had a very strong start to 2026," and reported "revenue of $639.8 million, up 34% year-over-year" alongside "4,416 customers paying us more than $100,000 per year" and "free cash flow of $84.1 million during the quarter." Prince highlighted go-to-market momentum, including: "Sales productivity increased y...
Earnings Call Insights: Cloudflare (NET) Q1 2026 Management View CEO Matthew Prince said, "We had a very strong start to 2026," and reported "revenue of $639.8 million, up 34% year-over-year" alongside "4,416 customers paying us more than $100,000 per year" and "free cash flow of $84.1 million during the quarter." Prince highlighted go-to-market momentum, including: "Sales productivity increased year-over-year for the ninth consecutive quarter," "Deals over $1 million were up 73% year-over-year," and "We added a record number of our largest customers in the quarter, those spending more than $5 million with us annually." Prince announced a major organizational shift tied to AI adoption: "we announced significant actions this afternoon to further accelerate our evolution to an agentic AI-first operating model" and said it "mean[s] saying goodbye to teammates... resulting in a reduction of the size of our team by more than 1,100 people," adding, "This isn't a cost-cutting exercise." CFO Thomas Seifert framed the restructuring as part of scaling efficiency with AI: "AI is driving a fundamental replatforming of the Internet," and Cloudflare will reduce team size "by approximately 20%." He added that the company "continue[s] to expect growth in the net capacity of our quota-carrying sales force to accelerate in 2026." Outlook Seifert guided Q2 revenue to "the range of $664 million to $665 million" and Q2 profitability to "operating income in the range of $90 million to $91 million," with "diluted net income per share of $0.27." For full-year 2026, Seifert guided revenue to "the range of $2.805 billion to $2.813 billion" and "operating income for the full year in the range of $418 million to $421 million," with "diluted net income per share... in the range of $1.19 to $1.20." On the restructuring’s financial impact, Seifert said it will drive "severance and other restructuring charges of $140 million to $150 million for full year 2026" and that "Our expectations for free c...
Getty Images It's been quite remarkable, the recent rally. We've witnessed many AI-infrastructure stocks, the hyperscalers, the chip stocks, and other areas in the market skyrocket in a relatively short time frame. Heck, the Nasdaq 100 ( QQQ ) ETF jumped by a massive 25% in only about five weeks. QQQ ETF 1-Year Chart QQQ (Stock Charts ) Such moves are unprecedented, and have only occurred several ...
Getty Images It's been quite remarkable, the recent rally. We've witnessed many AI-infrastructure stocks, the hyperscalers, the chip stocks, and other areas in the market skyrocket in a relatively short time frame. Heck, the Nasdaq 100 ( QQQ ) ETF jumped by a massive 25% in only about five weeks. QQQ ETF 1-Year Chart QQQ (Stock Charts ) Such moves are unprecedented, and have only occurred several times throughout history. In most cases, these were due to extremely sharp snap-back rallies around market bottoms, like during the epicenter COVID panic, after the financial crisis bottomed in 2009, and leading into and after the dot com bubble. However, I would argue that the market was only mildly oversold in late March, and was going through a healthy pullback/consolidation process before the massive AI-earnings driven rally began. Also, I have to highlight that nearly always moves of such or of similar magnitude have been followed by considerable pullbacks, consolidation, and correction phases, especially if the market isn't just coming out of a recession/bear market phase. So, Has The Market Reached A Euphoric Stage? Some call it euphoria. Some say the phenomenon is irrational exuberance. I've witnessed several periods of euphoric behavior in markets, most prominently in 2006-2007, leading into the "great financial crisis," and in late 2021, before the market imploded after all the stimulus caused inflation and market sentiment to skyrocket. I was not actively involved in markets in the dot com era, as I began investing in 2002. However, I imagine we may have some similarities to what market participants witnessed back then, and what is occurring now. The internet and AI are both extremely important and transformative technologies, as well as extraordinary growth engines for the stock market and general economies. Despite the positive factors of such cycles, there was mass speculation in the later stages of the internet bubble, along with very wild price action, ultra...
Energy Transfer, Enbridge, Duke Energy, and NextEra Energy are all positioned to meet increasing power demands and pay shareholders respectable dividends in the process.
Energy Transfer, Enbridge, Duke Energy, and NextEra Energy are all positioned to meet increasing power demands and pay shareholders respectable dividends in the process.
BlackRock CEO Larry Fink, the head of the world's largest asset manager, has spent the last 18 months telling anyone who'll listen that the Securities and Exchange Commission (SEC) needs to give the green light for the tokenization of practically everything. Tokenization is the process of representing ownership of assets, such as bonds and stocks, as digital tokens on a blockchain. He first made t...
BlackRock CEO Larry Fink, the head of the world's largest asset manager, has spent the last 18 months telling anyone who'll listen that the Securities and Exchange Commission (SEC) needs to give the green light for the tokenization of practically everything. Tokenization is the process of representing ownership of assets, such as bonds and stocks, as digital tokens on a blockchain. He first made the case to CNBC's Squawk Box at Davos, Switzerland, in January 2025 and hasn't let up since, pushing it in annual letters to shareholders, earnings calls, and even op-eds. What was once on Fink's wish list is now in the process of being delivered. Here's what that means for investors in leading cryptocurrencies. Continue reading
Earnings Call Insights: Post Holdings (POST) Q2 2026 Management view The company did not include prepared CEO opening remarks in this transcript; instead, Investor Relations framed the quarter as performance ahead of internal expectations but with unchanged full-year profit expectations: "our diversified portfolio had strong performance in Q2 and delivered adjusted EBITDA above expectations" while...
Earnings Call Insights: Post Holdings (POST) Q2 2026 Management view The company did not include prepared CEO opening remarks in this transcript; instead, Investor Relations framed the quarter as performance ahead of internal expectations but with unchanged full-year profit expectations: "our diversified portfolio had strong performance in Q2 and delivered adjusted EBITDA above expectations" while "given new headwinds from the conflict in the Middle East, we maintained our previous adjusted EBITDA guidance" (Director of Investor Relations Daniel O'Rourke). Management highlighted capital return and balance sheet flexibility: "we continued aggressive share repurchases" and "fiscal year-to-date, we have reduced our share count by 15%" while "our strong cash flow, liquidity and credit metrics continue to afford us significant flexibility for opportunistic capital allocation" (Director of Investor Relations O'Rourke). CFO leadership commentary centered on CEO succession rather than quarterly financial detail: "I'm sure you all saw our announcement yesterday on our CEO succession plans" and "congratulations to Nico" while noting "we are confident" in the transition and thanking Rob Vitale for "your leadership over the past 12 years" (Executive VP, CFO &u0026 Treasurer Matt Mainer). On category and pricing posture, management emphasized inflation-contingent behavior: "If it is in the low single digit, I think we'll see more of CPGs trying to absorb that within their P&L" but "If it is more than that, we will probably see more targeted pricing" (Executive VP & COO Nicolas Catoggio). Outlook Post reiterated its full-year adjusted EBITDA stance without providing new numerical targets: "given new headwinds from the conflict in the Middle East, we maintained our previous adjusted EBITDA guidance" (Director of Investor Relations O'Rourke). Management described a potential timing framework for pricing actions tied to the duration of cost pressure: "for the most part, right now, w...
Earnings Call Insights: Essent Group Ltd. (ESNT) Q1 2026 Management View "Earlier today, we released our first quarter 2026 financial results, which continue to benefit from favorable credit performance and the impact of interest rates on both persistency and investment income," said (Founder, Chairman, CEO & President Mark Casale). "For the first quarter of 2026, we reported net income of $172 mi...
Earnings Call Insights: Essent Group Ltd. (ESNT) Q1 2026 Management View "Earlier today, we released our first quarter 2026 financial results, which continue to benefit from favorable credit performance and the impact of interest rates on both persistency and investment income," said (Founder, Chairman, CEO & President Mark Casale). "For the first quarter of 2026, we reported net income of $172 million, or $1.82 per diluted share," said (CEO Casale), adding, "As of March 31, our book value per share was $61.20." "Our outlook on housing is that it remains in a pause as affordability and higher rates continue to temper purchase and refinance originations," said (CEO Casale), while adding, "we believe that favorable demographics, supply constraints and increasing pent-up demand will be positive for housing and our MI business when affordability improves." "During the first quarter of 2026, we entered into an excess of loss transaction with a panel of highly rated reinsurers providing forward protection for our 2027 business," said (CEO Casale). "Our Lloyd's program will generate approximately $120 million of written premium in 2026, against a $50 million deposit at returns comparable to our MI business," said (CEO Casale). "During the first quarter, we also executed a whole account quota share covering cedent's Casualty and Specialty book, which will generate approximately $200 million of written premium in 2026," he added. "With that in mind, year-to-date through April 30, we repurchased approximately 3.5 million shares for over $200 million," said (CEO Casale). "Furthermore, I'm pleased to announce that our Board has approved a common dividend of $0.35 for the second quarter of 2026," he added. "For the first quarter, we earned $1.82 per diluted share compared to $1.60 last quarter and $1.69 in the first quarter a year ago," said (CFO & Senior VP David Weinstock). Outlook "We expect that the near-term earnings impact will be immaterial while over the longer term, gro...
Earnings Call Insights: PDF Solutions (PDFS) Q1 2026 Management view "The first quarter was a good start to the year as we made solid progress on our objective to position PDF Solutions as the leading commercial data analytics and mission-critical platform for the semiconductor industry," said (Co-Founder, President, CEO & Director John Kibarian). Kibarian highlighted bookings momentum, saying "Ex...
Earnings Call Insights: PDF Solutions (PDFS) Q1 2026 Management view "The first quarter was a good start to the year as we made solid progress on our objective to position PDF Solutions as the leading commercial data analytics and mission-critical platform for the semiconductor industry," said (Co-Founder, President, CEO & Director John Kibarian). Kibarian highlighted bookings momentum, saying "Exensio and Cimetrix products were particularly strong" and adding that "Exensio's strength was primarily from larger deployments, including an enterprise-wide deployment for Exensio Test at a large IDM." He also said "Cimetrix booking strength came in part from our larger customers placing orders for runtime licenses in anticipation of additional machine shipments in future quarters." On eProbe, Kibarian said, "We shipped 1 eProbe in the quarter and anticipate that machine to begin contributing to revenue in Q2," and added, "Our capital investments in eProbe was meaningful in the quarter as we build additional machines to support our goal of shipping 6 machines this year." Kibarian said product work on AI remained on schedule: "Development of our new AI-enabled Exensio analytics systems that we announced at our users' conference in December 2025 remained on track in Q1, and we anticipate beta release in the third quarter. Customer interest has been very high for this capability." On secureWISE, Kibarian framed the go-to-market expansion: "During the past year, we invested in R&D to improve the product and services, expanded the customer base to include fab owners, not just equipment makers and now we're expanding the network into the OSATs and fabless." (Executive VP of Finance & CFO Adnan Raza) emphasized bookings and backlog: "We are pleased with the results of Q1 with multiple large bookings during the quarter" and "We ended the quarter with a backlog of $246 million, up 9% versus the same quarter of last year." Outlook Kibarian linked the company’s thesis to AI-driven de...
Earnings Call Insights: Construction Partners (ROAD) Q2 2026 Management view CEO F. Smith said the company delivered “a great second quarter, exceeding profitability expectations and growing backlog, which allows us to meaningfully raise our outlook for FY '26,” adding that “favorable weather in the quarter provided the ability to advance work efficiently and exceed expectations.” On energy and ma...
Earnings Call Insights: Construction Partners (ROAD) Q2 2026 Management view CEO F. Smith said the company delivered “a great second quarter, exceeding profitability expectations and growing backlog, which allows us to meaningfully raise our outlook for FY '26,” adding that “favorable weather in the quarter provided the ability to advance work efficiently and exceed expectations.” On energy and materials exposure, CEO F. Smith said “energy volatility had a limited impact on results” and attributed this to “the protection of the liquid asphalt index on more than 80% of our total revenue,” “the physical hedging of diesel fuel,” and the “oil price hedging mechanism inherent to our vertical integration at the liquid asphalt terminals,” adding, “today, we source more than 50% of our liquid AC needs internally.” On demand, CEO F. Smith said “construction project demand throughout our footprint remains strong for both public infrastructure work as well as commercial development,” citing commercial examples including “eight data center projects totaling approximately $100 million” in Texas and public examples including a North Carolina contract “valued at approximately $150 million.” On strategy, CEO F. Smith said “last month, we completed our latest strategic acquisition with the purchase of Four Star Paving,” calling it “our fourth acquisition in fiscal 2026 and our 17th since the beginning of fiscal 2024,” and said a North Carolina “greenfield will begin operations this quarter.” CFO Gregory Hoffman reported: “Revenue was $769.2 million,” “adjusted EBITDA was $93.3 million,” and “adjusted EBITDA margin for the quarter was 12.1%,” while adding, “we reported a strong second quarter, maintaining the outperformance we experienced in Q1 to start the year.” Outlook CFO Gregory Hoffman set FY 2026 guidance ranges of “revenue in the range of $3.59 billion to $3.65 billion,” “net income in the range of $159 million to $162 million,” “adjusted EBITDA in the range of $552 million t...
Trevor Williams/DigitalVision via Getty Images Introduction Remitly is a quality growth company, but after this strong rally, risk to reward ratio does not look like a great opportunity to enter. Remitly Global, Inc. ( RELY ), with the current data, takes up a strong position in the digital remittance market, showing a successful move from aggressive growth to a sustainable GAAP profit generation ...
Trevor Williams/DigitalVision via Getty Images Introduction Remitly is a quality growth company, but after this strong rally, risk to reward ratio does not look like a great opportunity to enter. Remitly Global, Inc. ( RELY ), with the current data, takes up a strong position in the digital remittance market, showing a successful move from aggressive growth to a sustainable GAAP profit generation phase. With the Q1 2026 data, the company‘s revenues reached $452.8 million, which is a growth of 25% year over year. An essential breaking point is seen in the net income side of things, where it jumped 332% to $49.1 million, compared to $11.4 million a year ago. The active client number grew 20% and reached 9.6 million, and the total volume of remittances increased 37%. These numbers show that the company, managed by the new CEO Sebastian Gunningham, is efficiently using economies of scale and artificial intelligence integration, which has allowed it to reach a record 22% adjusted EBITDA margin. Commission fee take rate remained stable at 2.05%, which confirms pricing resilience in a competitive environment. Especially stood out the high-value sender segment, whose volumes grew 73%, well over the overall market‘s average. Despite these positive results, the market‘s valuation remains tense: the P/E ratio is reaching over 40x, which suggests a high investor expectation due to the further expansion in Borrow and Spend segments . The current share price is close to 52-week highs; any slowdown in growth rate could cause downward pressure. The company‘s decision in Q1 to buy back $44 million of its own shares shows an excess cash flow generation, though the annual 2026 revenue forecast reaching $1.96-1.975 billion requires especially disciplined operational execution. Business overview Remitly Global operates as a digital international financial services platform whose main revenue stream is from cross-border remittances. In 2026, the company served over 9.6 million active cli...
lixu/iStock via Getty Images Consensus Expectations The US BLS is set to release the April CPI report on May 12, and the consensus expectations are that: Core CPI is to increase by 0.4% MoM, which would be higher than 0.2% in March, and due to the base effect, annual core CPI is to increase to 2.7% from 2.6%. Headline CPI to increase by 0.6%, which would be lower than 0.9% in March, but due to the...
lixu/iStock via Getty Images Consensus Expectations The US BLS is set to release the April CPI report on May 12, and the consensus expectations are that: Core CPI is to increase by 0.4% MoM, which would be higher than 0.2% in March, and due to the base effect, annual core CPI is to increase to 2.7% from 2.6%. Headline CPI to increase by 0.6%, which would be lower than 0.9% in March, but due to the base effects, annual headline CPI would spike to 3.9% from 3.3% in March. Thus, analysts expect to see some inflationary pressures pass through from the energy-driven headline CPI inflation spike to core CPI, as 0.4% monthly core inflation is well above the annual 2% target - it needs to be at 0.2% MoM. However, the news is likely to be a spike in headline inflation to 3.9% - we are in an early phase of an inflationary shock. The situation in the Middle East is escalating, and if the Strait of Hormuz is not reopened immediately, we are likely to see a major spike in oil prices, along with higher food prices and possibly a supply shortage of some manufactured goods. Trading Economics What Are Companies Saying? The soft inflation data from surveys for April confirms that we are in an early phase of inflationary shock. The ISM Manufacturing Prices paid is spiking to 2022 levels, above the 2018 levels, suggesting manufacturing firms are experiencing an inflationary shock. ISM Manufacturing Prices (Trading Economics) The ISM services prices paid are also rising, already above 2018 levels but still below 2022 levels, as the 2022 inflation was driven by shelter inflation. Still, services inflation is above the 2018 levels - and the Fed was hiking in 2018. ISM Non-Manufacturing Prices (Trading Economics) The LMI transportation prices paid are also at 2018 and 2022 levels, confirming we are in an inflationary spike. LMI Transportation Prices (Trading Economics) The charts above look at manufacturing and non-manufacturing prices from company surveys, and we are currently at levels s...