On May 8, 2026, CM Management disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold its entire stake in Preformed Line Products (NASDAQ:PLPC) , an estimated $6.39 million trade based on quarterly average pricing. CM Management reported in a SEC filing dated May 8, 2026, that it sold all 25,000 shares of Preformed Line Products during the first quarter. The estimated tran...
On May 8, 2026, CM Management disclosed in a U.S. Securities and Exchange Commission (SEC) filing that it sold its entire stake in Preformed Line Products (NASDAQ:PLPC) , an estimated $6.39 million trade based on quarterly average pricing. CM Management reported in a SEC filing dated May 8, 2026, that it sold all 25,000 shares of Preformed Line Products during the first quarter. The estimated transaction value, based on the average closing price for the quarter, was approximately $6.39 million. The quarter-end valuation for the position declined by $5.17 million, reflecting both the sale and market price changes. Preformed Line Products is a global manufacturer specializing in products essential for the construction and maintenance of overhead and underground networks in the energy and communications sectors. The company leverages decades of engineering expertise and a broad product portfolio to address the evolving needs of utilities and network operators. Its international presence and focus on reliability position it as a trusted supplier in mission-critical infrastructure markets. Continue reading
JasonDoiy/iStock Unreleased via Getty Images Uber Technologies, Inc. ( UBER ) recently reported a great start to the year, so I wanted to go over the numbers in more detail and why I think there is a reason to own it if you would like some diversification in your portfolio away from a pure AI growth narrative. The results were very good, which led me to add even more at these levels. By The Number...
JasonDoiy/iStock Unreleased via Getty Images Uber Technologies, Inc. ( UBER ) recently reported a great start to the year, so I wanted to go over the numbers in more detail and why I think there is a reason to own it if you would like some diversification in your portfolio away from a pure AI growth narrative. The results were very good, which led me to add even more at these levels. By The Number Starting from the top, revenues came in at around $13.2B, up a respectable 14.5% y/y, but missed consensus by $50m. Looking at the revenue breakdown in more detail to see what segment drove the top-line performance, we can see that Mobility and Freight performed quite poorly, growing at 1% and 6%, respectively; however, Delivery was another beast. Delivery revenues increased a whopping 34% y/y to $5.06B. With this momentum, I can see Delivery being the largest revenue contributor over the next year or so. UBER 10-Q Looking at the company's gross bookings breakdown, Mobility and Delivery seem to be going hand in hand, but here as well, Delivery is showing a slightly better performance, growing 28% y/y compared to 25% growth in Mobility. Overall gross bookings grew 25% y/y to $53.7B. A very healthy growth. UBER 10-Q Going over the company's profitability and efficiency for the latest quarter, we can see that GAAP operating income was 14.5%, up from 10.6% last year. 390bps improvement is nothing to scoff at. On an adjusted basis, adjusted EBITDA grew 33% to $2.5B, and adjusted EBITDA margin as a % of revenues was around 19%. Adjusted operating income increased 42% y/y to $1.9B, giving us an adjusted operating margin of 14.3%. Q1 non-GAAP EPS came in at $0.72, which beat estimates by 3 cents and grew 44%. An impressive growth across the board. In terms of its financial position, UBER finished the year with around $6.1B in cash, equivalents, and ST investments against $10B in long-term debt. Is this a lot of debt for Uber? Its market cap is over $160B, so not particularly. Also...
(RTTNews) - Consumer sentiment in the U.S. has deteriorated by more than anticipated in the month of May, according to preliminary data released by the University of Michigan on Friday.
(RTTNews) - Consumer sentiment in the U.S. has deteriorated by more than anticipated in the month of May, according to preliminary data released by the University of Michigan on Friday.
Earnings Call Insights: indie Semiconductor (INDI) Q1 2026 Management View "Indie delivered a solid first quarter with revenue of $55.5 million, approximately $0.5 million above the midpoint of our guidance and up 3% year-over-year," said "Co-Founder, CEO & Director Donald McClymont." "We see a measured recovery with channel inventories largely normalizing and demand environments characterized as ...
Earnings Call Insights: indie Semiconductor (INDI) Q1 2026 Management View "Indie delivered a solid first quarter with revenue of $55.5 million, approximately $0.5 million above the midpoint of our guidance and up 3% year-over-year," said "Co-Founder, CEO & Director Donald McClymont." "We see a measured recovery with channel inventories largely normalizing and demand environments characterized as cautious but improving," McClymont said, while adding, "geopolitical tensions and shifting trade dynamics continue to impact the global supply chain... contributed to elevated logistics costs and selective capacity constraints across the industry." McClymont highlighted a radar milestone: "our Tier 1 partner... has committed to a new production order of $25 million, driven by support for 2 key OEMs, one European and one Asian," and said indie is "positioned to ramp production efficiently" with "additional back end and test capacity" and a "second source foundry strategy... to support a no China, no Taiwan requirement." On vision, McClymont said, "The iND880 vision processor has begun production, supporting eMirror camera functionality at NIO," and emphasized the product’s positioning: "A defining advantage of the iND880... is a DRAMless architecture." On adjacent markets, McClymont said, "Our photonics portfolio continues to gain meaningful traction in the rapidly expanding quantum technology market," and added, "In the LiDAR space, we are finally beginning to see the adoption of FMCW technology into multiple markets" using the iND83301 SoC, alongside demand tied to "embodied AI" including "AMR through humanoids to drones." "CFO, Chief Accounting Officer & Executive VP Naixi Wu" said, "Indie's first quarter revenue was $55.5 million," and added, "our net loss was $13.9 million and loss per share was $0.06 on a base of 223 million shares." Outlook Management guided Q2 2026 with: "We expect to deliver total revenue between $59 million to $65 million with $62 million at the mi...
Earnings Call Insights: The RealReal (REAL) Q1 2026 Management View "Q1 demonstrated the strength of our platform as our financial and operating results exceeded expectations." (President, CEO & Director Rati Levesque) "Q1 was our fourth consecutive quarter of double-digit top line growth and our third consecutive quarter of growth exceeding 20%." (President, CEO & Director Levesque) "2026 and bey...
Earnings Call Insights: The RealReal (REAL) Q1 2026 Management View "Q1 demonstrated the strength of our platform as our financial and operating results exceeded expectations." (President, CEO & Director Rati Levesque) "Q1 was our fourth consecutive quarter of double-digit top line growth and our third consecutive quarter of growth exceeding 20%." (President, CEO & Director Levesque) "2026 and beyond is about compounding." (President, CEO & Director Levesque) "We are actively deepening our moat, empowering our sales team to act as trusted advisers, helping to manage our consignor's closet." (President, CEO & Director Levesque) "We're excited about the new markets we're adding for 2026 in San Francisco and Boston." (President, CEO & Director Levesque) "We're building an asset-light international supply network and starting to develop a partner base in places like Italy, France and Japan." (President, CEO & Director Levesque) "We're targeting to end 2026 with nearly 50% of items fully flowing through Athena, improving processing times, speed to site and our unit economics." (President, CEO & Director Levesque) "Later this year, we're rolling out an automated storage and retrieval system at our Perth Amboy authentication center, adding automation and increasing our capacity by 35%." (President, CEO & Director Levesque) "In Q1, we delivered robust top line growth with GMV increasing 24% and revenue up 19% year-over-year." (Chief Financial Officer Ajay Gopal) "In Q1, we achieved adjusted EBITDA of $13.1 million or 6.9% of total revenue and expanded our margins by 430 basis points." (Chief Financial Officer Gopal) Outlook Revenue guidance (Q2 2026) $186 million to $189 million vs. $186,398,790.0 (analysts’ revenue estimate, fiscal quarter 2 fiscal year 2026). "Based on our strong performance, we are increasing our full year outlook and providing guidance for the second quarter of 2026." (Chief Financial Officer Gopal) "We are raising full year GMV to the range of $2.42 bi...
Palo Alto Networks has been a central figure in what traders have been calling the "software apocalypse," representing more than a 5% weight in the battered and bruised IGV software ETF . While the software sector was sold indiscriminately, Palo Alto was quietly building a "fortress" in cybersecurity, and I want to use options to own this essential cyber name. Palo Alto Networks didn't just surviv...
Palo Alto Networks has been a central figure in what traders have been calling the "software apocalypse," representing more than a 5% weight in the battered and bruised IGV software ETF . While the software sector was sold indiscriminately, Palo Alto was quietly building a "fortress" in cybersecurity, and I want to use options to own this essential cyber name. Palo Alto Networks didn't just survive the software sell-off; they leveraged it. While peers are struggling with fragmented tools, Palo Alto is forcing a consolidation that makes them the operating system for security. This "platformization" pivot (offering free services now to lock in multiyear, high-value contracts) is a page straight out of the Apple playbook. PANW YTD mountain PANW year to date I believe this is an essential name to the U.S. economy. Here are a few bullish reasons to own this cyber workhorse, which is a constituent in my Essential 40 ETF (ESN) : Palo Alto is moving away from selling individual "point products" to offering an integrated platform. By offering free trials and consolidating services, they are creating high switching costs. Therefore, they aren't just selling a firewall; they are becoming the security operating system for the Fortune 500. This leads to larger, multiyear contracts that provide massive visibility into future revenue. Unlike many growth-at-all-cost software names, PANW is a free cash flow machine with margins of 28%. Remaining performance obligations (RPO) are tracking at more than $12.6 billion, a 20% increase that signals the "platform" pipeline is not just intact; it's accelerating. Palo Alto is one of the few cybersecurity firms successfully embracing as well as monetizing AI today through its Precision AI offerings. Their AI tools help customers automate 90% of security operations, reducing the time to remediate threats from days to minutes. This leading cybersecurity stock has been "de-risked" by the recent sector-wide sell-off. With earnings scheduled for J...
Pacific Biosciences of California ( PACB ) shares fell 16% after the company reported Q1 results that included a wider-than-expected revenue miss and weaker profitability metrics. PacBio reported Q1 non-GAAP EPS of -$0.12, beating estimates by $0.01, while revenue rose just 0.1% year over year to $37.2M, missing consensus expectations by $2.78M. Non-GAAP net loss improved to $35.9M from $44.4M a y...
Pacific Biosciences of California ( PACB ) shares fell 16% after the company reported Q1 results that included a wider-than-expected revenue miss and weaker profitability metrics. PacBio reported Q1 non-GAAP EPS of -$0.12, beating estimates by $0.01, while revenue rose just 0.1% year over year to $37.2M, missing consensus expectations by $2.78M. Non-GAAP net loss improved to $35.9M from $44.4M a year earlier, while non-GAAP gross margin declined to 37% from 40% in the prior-year quarter. The company said margin pressure was driven by higher computing component costs, temporary promotional activity tied to Vega products, and inventory and warranty-related charges. Looking ahead, PacBio also narrowed its full-year 2026 revenue outlook to $165M–$175M from its prior range of $165M–$180M. The updated midpoint of $170M is below the roughly $174.4M analyst consensus estimate . More on Pacific Biosciences of California Pacific Biosciences of California, Inc. (PACB) Q1 2026 Earnings Call Transcript Pacific Biosciences of California, Inc. 2025 Q4 - Results - Earnings Call Presentation Pacific Biosciences of California, Inc. (PACB) Q4 2025 Earnings Call Transcript PacBio expects $165M-$175M 2026 revenue as SPRQ-Nx ships later this month Pacific Biosciences of California Q4 2025 Earnings Preview
Sign up now! Sign up now! Sign up now? Sign up now! This feels like a good day to distract ourselves from [ gestures in general direction of outside world ] … so let’s check in on the latest events at Real Madrid. Have they finally found dressing-room harmony? Ah. Eek. Oh boy. Two statements from the club on Thursday revealed an “incident in the first-team training session” involving midfielders F...
Sign up now! Sign up now! Sign up now? Sign up now! This feels like a good day to distract ourselves from [ gestures in general direction of outside world ] … so let’s check in on the latest events at Real Madrid. Have they finally found dressing-room harmony? Ah. Eek. Oh boy. Two statements from the club on Thursday revealed an “incident in the first-team training session” involving midfielders Federico Valverde and Aurélien Tchouaméni, with the former suffering “head trauma”. It’s now emerged that Valverde needed stitches after a second altercation in as many days with his teammate. After a full and frank exchange of views in Wednesday’s training session at Valdebebas, Valverde then accused Tchouaméni of leaking news of that exchange, resulting in an unseemly tussle where the Uruguayan fell and hit his head on a table. We can only imagine that poor Álvaro Arbeloa, who had just popped out for morale-boosting bocadillos , walked back in to find everything on fire, like Donald Glover in that Community episode . If Arsenal fans find that they are getting ripped off by hotels in Budapest for the Bigger Cup final, they might try booking hotels in Vienna near the main train station. Vienna-Budapest is less than three hours by train; a pleasant trip along the Danube. Trains run every hour, cost about €53 one way, and the fastest train makes the trip in 2hr 20min. The hotel prices in Vienna should be back down to normal … the Eurovision Song Contest will be over on 16 May. Bratislava might also be a better place to stay and the beer is cheaper” – Eric Ries (“not a travel agent, nor a worker for the Austrian National Railway”). On a similar vein to Declan Rice’s misquote ( yesterday’s Football Daily letters ), I remember sometime ago when Manchester United were having problems, Rio Ferdinand was being interviewed about how the players should react. He replied that ‘someone had to assume the mantelpiece’ ” – Peter Arnold. This is an extract from our daily football email … Fo...
VladimirGerasimov/iStock via Getty Images A reader of mine asked me recently to take a closer look at Northern Oil & Gas ( NOG ), one of their primary investments in the field. The reader has held this company for some years, and wants to now what I believe the valuation/proper value is, based on fundamentals and upside potential. Now, from the get-go, I make it very clear that companies like thes...
VladimirGerasimov/iStock via Getty Images A reader of mine asked me recently to take a closer look at Northern Oil & Gas ( NOG ), one of their primary investments in the field. The reader has held this company for some years, and wants to now what I believe the valuation/proper value is, based on fundamentals and upside potential. Now, from the get-go, I make it very clear that companies like these are very volatile. This company may be one of the more significant explorers in North America - over $2.5B in market capitalization with some interesting technology for its exploration, aside from strong history as well, but overall it has not done that well if you look at it from the longer-term perspective, from an investor point of view. The fact that the company pays a high dividend for a few years back now does not change my view on this, nor does it change the objective results for shareholders. Since the post-GFC era, the company has generated negative annual rates of returns of over (under) 8.5%, making it not a great long-term investment. The company has seen negative earnings results for about half of the years I'm looking at here, including the last three (which is odd, considering both the environment for wells and for crude). F.A.S.T graphs Upside NOG Yet many investors and even analysts are saying this company is literally one of the best energy choices you could make here - and this is despite quant ratings of "F" for growth, alongside some very questionable factor grades for other things as well. SA average is a "STRONG BUY" or Buy, Wall Street is at "BUY", and Quant is at a "HOLD". The underlying reason(s) as to why this company is so tricky to predict because the company has a non-operator business model. What this means is that it does not physically operate wells; it just owns minority stakes in many of them. While on the surface this may sound great, it means that NOG's operational control of the wells is actually zero - operators decide when to drill...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the WisdomTree Bloomberg Floating Rate Treasury Fund (Symbol: USFR) where we have detected an approximate $262.0 million dollar outflow -- that's a 1.5%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the WisdomTree Bloomberg Floating Rate Treasury Fund (Symbol: USFR) where we have detected an approximate $262.0 million dollar outflow -- that's a 1.5%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Autonomous Technology & Robotics ETF (Symbol: ARKQ) where we have detected an approximate $613.3 million dollar outflow -- that's a 22.3% de
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Autonomous Technology & Robotics ETF (Symbol: ARKQ) where we have detected an approximate $613.3 million dollar outflow -- that's a 22.3% de