LeoPatrizi/E+ via Getty Images Consumer sentiment index slipped to 48.2 in May, vs. 49.3 consensus and 49.8 recorded in April , according to preliminary data released by the University of Michigan Survey of Consumers on Friday. "About one-third of consumers spontaneously mentioned gasoline prices, and about 30% mentioned tariffs," said Surveys of Consumers Director Joanne Hsu. "Middle East develop...
LeoPatrizi/E+ via Getty Images Consumer sentiment index slipped to 48.2 in May, vs. 49.3 consensus and 49.8 recorded in April , according to preliminary data released by the University of Michigan Survey of Consumers on Friday. "About one-third of consumers spontaneously mentioned gasoline prices, and about 30% mentioned tariffs," said Surveys of Consumers Director Joanne Hsu. "Middle East developments are unlikely to meaningfully boost sentiment until supply disruptions have been fully resolved and energy prices fall." One-year inflation expectations inched up by 4.5%, vs. the 4.7% growth seen in April. The current reading still substantially exceeds the 3.4% reading seen in February, before the start of the Iran war, along with all 2024 readings and the 2.3-3.0% range seen in the two years pre-pandemic. Five-year implied inflation rose by 3.4%, compared to the 3.5% growth seen in the prior month. Comparatively, i n 2024 values ranged between 2.8% and 3.2%, while in 2019-2020, they were consistently below 2.8%. Current economic conditions index: 47.8 vs. 52.5 prior. Consumer expectations: 48.5 vs. 48.1 prior. "While the expectations index inched up, current conditions fell back about 9%, owing to a surge in concerns about high prices both for personal finances as well as buying conditions for major purchases," said Hsu. More on Consumers U.S. consumer credit rises in March Consumers boost one-year inflation expectations; longer-term expectations stable: New York Fed Ten-year inflation expectations at highest point since '23
Igor Alecsander/E+ via Getty Images For many decades, the market has treated the Andersons ( ANDE ) company as a traditi onal agricu lture intermediary in a sector that completely relies on grain price fluctuations and the mood of American far mers. However, after diving into Q4 2025 and Q1 2026 results, we will find out that the company is passing through an inflection point, which will significa...
Igor Alecsander/E+ via Getty Images For many decades, the market has treated the Andersons ( ANDE ) company as a traditi onal agricu lture intermediary in a sector that completely relies on grain price fluctuations and the mood of American far mers. However, after diving into Q4 2025 and Q1 2026 results, we will find out that the company is passing through an inflection point, which will significantly change the quality of its profits. Our thesis is about a fundamental factor that is turning recurring taxes resulting from Section 45Z legislation into a financial asset that generates stable cash flows similar to bond yields. The management took a strategic step in July 2025 by acquiring the remaining 49.9% stake in the Andersons Marathon Holdings LLC for $425 million, so it became 100% owner of the renewables segment with its assets, which include four ethanol factories with a production capacity of 405 million gallons yearly. ANDE 10-K Report This step coincided with the activation of tax exemptions for clean fuel, known as Section 45Z of the Inflation Reduction Act, which is expected to generate $90 to $100 million in cash flows during 2026 and will be reflected positively on EPS until 2029. I rate the stock a Strong Buy as I believe the market has not yet priced in the full 45Z-related gains and acquisition impact. (ANDE) Q4 2025 Earnings Call Q4 & Q1 Financial Results While the company is a victim of macroeconomic challenges and the decline in agricultural commodity prices, Q4 results declared the success of the company's new strategy, as the figures confirm that the operational structure has become more resilient and able to absorb shocks and turn them into profits. During Q4 , the total revenue declined by approximately 18.79% to reach $2.54 billion, compared to $3.12 billion YoY . However, what matters is reading these figures in the context of the sector, as the total revenue from commodity mechanization reflects the decline in global commodity prices such as...
Earnings Call Insights: CoreWeave (CRWV) Q1 2026 Management view “Q1 was a transformational quarter for CoreWeave,” and the company “sign[ed] more than $40 billion of new commitments” while “growing contracted revenue backlog to nearly $100 billion,” according to (Co-founder, President, CEO & Chairman Michael Intrator). Intrator emphasized scale and conversion of capacity, saying the company “gene...
Earnings Call Insights: CoreWeave (CRWV) Q1 2026 Management view “Q1 was a transformational quarter for CoreWeave,” and the company “sign[ed] more than $40 billion of new commitments” while “growing contracted revenue backlog to nearly $100 billion,” according to (Co-founder, President, CEO & Chairman Michael Intrator). Intrator emphasized scale and conversion of capacity, saying the company “generated approximately $2.1 billion of revenue,” “surpassed 1 gigawatt of active power,” and “reached hyperscale with more than 3.5 gigawatts of contracted power,” with “the substantial majority expected to be online by the end of 2027.” On demand and pricing, Intrator said “average pricing for the A100s, H100s and H200s and L40s all increased quarter-over-quarter,” adding “we remain largely sold out for near-term capacity across our fleet.” On customer concentration and diversification, Intrator said “the world’s 4 preeminent AI model developers now rely on CoreWeave Cloud,” and added, “today, we have 10 customers committed to spending at least $1 billion with CoreWeave.” On platform expansion and new commercial offerings, Intrator said CoreWeave introduced “CoreWeave’s Trust Center,” launched “Flex Reservation and Spot pricing,” and said “both offerings were immediately oversubscribed.” He also said CoreWeave is “beginning to offer CoreWeave Omni” to “deploy and operate our full cloud stack in customers’ own data centers with their GPUs.” (CFO & Treasurer Nitin Agrawal) framed the quarter as “record customer commitments, bringing backlog to nearly $100 billion, more than $2 billion of quarterly revenue and more than 1 gigawatt of active power,” and said the company is “largely sold out of our 2026 capacity with prices increasing across the board from Ampere to Hopper to Blackwell.” Outlook Agrawal reaffirmed full-year guidance, saying, “we [are] reaffirming our full year guidance of $12 billion to $13 billion of revenue and $900 million to $1.1 billion of adjusted operating ...
The Vanguard Consumer Staples ETF (NYSEMKT:VDC) offers broader diversification across 103 holdings, while the State Street Consumer Staples Select Sector SPDR ETF (NYSEMKT:XLP) provides a more concentrated portfolio at a slightly lower cost. Both funds target the defensive consumer staples sector, providing exposure to non-discretionary goods like food, beverages, and household items. While they s...
The Vanguard Consumer Staples ETF (NYSEMKT:VDC) offers broader diversification across 103 holdings, while the State Street Consumer Staples Select Sector SPDR ETF (NYSEMKT:XLP) provides a more concentrated portfolio at a slightly lower cost. Both funds target the defensive consumer staples sector, providing exposure to non-discretionary goods like food, beverages, and household items. While they share similar goals, differences in index construction and concentration levels create distinct risk-reward profiles for investors seeking stability in volatile markets. VDC and XLP remain popular choices for those prioritizing capital preservation. 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. Dividend yield is the trailing-12-month distribution yield. Continue reading
At a New York City ballroom late last month, a crowd of hi-tech luminaries gathered at an honours ceremony. The biggest draw for the assembled tech geniuses was Nvidia founder Jensen Huang, the superstar head of one of the world’s most valuable companies, set to receive the night’s top award. In some ways, engineers have been at the centre of every industrial revolution, Huang told the crowd, from...
At a New York City ballroom late last month, a crowd of hi-tech luminaries gathered at an honours ceremony. The biggest draw for the assembled tech geniuses was Nvidia founder Jensen Huang, the superstar head of one of the world’s most valuable companies, set to receive the night’s top award. In some ways, engineers have been at the centre of every industrial revolution, Huang told the crowd, from steam to electricity to information technology. But this one, artificial intelligence (AI), will be...
Forget Nvidia Inc. (NASDAQ:NVDA) or Microsoft (NASDAQ:MSFT), cryptocurrency may be the best way to ride the AI boom, according to Pantera Capital founder and CEO Dan Morehead. Speaking during Alchemy’s CoBuild conference in New York on Tuesday, the OG investor...
Forget Nvidia Inc. (NASDAQ:NVDA) or Microsoft (NASDAQ:MSFT), cryptocurrency may be the best way to ride the AI boom, according to Pantera Capital founder and CEO Dan Morehead. Speaking during Alchemy’s CoBuild conference in New York on Tuesday, the OG investor...
Allegro Microsystems ( ALGM ) was in focus on Friday as Mizuho upped its price target to $54 from $44 after the semiconductor company reported results earlier this week. “We rate ALGM Outperform with a $54 PT, ~9x F28E (Mar) P/S,” analyst Vijay Rakesh wrote in a note to clients. “We see ALGM positioned well with secular multi-year tailwinds in xEV/ADAS, good execution, and a strong portfolio expan...
Allegro Microsystems ( ALGM ) was in focus on Friday as Mizuho upped its price target to $54 from $44 after the semiconductor company reported results earlier this week. “We rate ALGM Outperform with a $54 PT, ~9x F28E (Mar) P/S,” analyst Vijay Rakesh wrote in a note to clients. “We see ALGM positioned well with secular multi-year tailwinds in xEV/ADAS, good execution, and a strong portfolio expanding end-market opportunities including AI DCs, robotics/automation, clean energy and medical.” For the coming quarter, Allegro expects to earn between $0.19 and $0.23 per share, compared to the analyst estimate of $0.20 per share. Sales are forecast to be between $245M and $255M, with the $250M midpoint above the $246.9M estimate. Gross margin is expected to be between 50% and 51%, while operating expenses are expected to be $80M, plus or minus $2M. The guidance comes after Allegro reported better-than-expected results for the period ending March 27. Adjusted earnings of $0.17 per share topped estimates of $0.16, while revenue rose 6.1% year-over-year to come in at $243.19M. Analysts had expected sales of $235.94M. More on Allegro MicroSystems Allegro MicroSystems, Inc. (ALGM) Q4 2026 Earnings Call Transcript Allegro MicroSystems: Why It's Time To Take Profits Allegro MicroSystems, Inc. (ALGM) Analyst/Investor Day Transcript Allegro MicroSystems forecasts Q1 FY 2027 EPS of $0.19 to $0.23 with sales of $245M to $255M Allegro Microsystems sinks after offering up in line guidance
Claims of nimbyism are a misunderstanding: the movement is about whether regular people have a say in fundamental decisions Since the surreal scene at the 2024 presidential inauguration, when a row of big tech titans took their VIP seats and signaled their new alliance with Maga, the Trump administration has rolled out the red carpet for Silicon Valley’s AI ambitions and shareholder priorities. Wa...
Claims of nimbyism are a misunderstanding: the movement is about whether regular people have a say in fundamental decisions Since the surreal scene at the 2024 presidential inauguration, when a row of big tech titans took their VIP seats and signaled their new alliance with Maga, the Trump administration has rolled out the red carpet for Silicon Valley’s AI ambitions and shareholder priorities. Washington has doled out billions in lucrative federal subsidies and contracts to the cash-rich sector, bloating an AI bubble that experts warn may imperil the entire economy while prohibiting any guardrails on the fast-moving technology. Continue reading...
Beauty products have never been more advanced. But as people layer them up, experts have seen a rise in perioral dermatitis. What is the too-much-skincare rash, and what can you do about it? It often starts innocuously: a small cluster of spots around the mouth, easily dismissed as a hormonal breakout or a reaction to something you have eaten. But this is how perioral dermatitis shows up – quietly...
Beauty products have never been more advanced. But as people layer them up, experts have seen a rise in perioral dermatitis. What is the too-much-skincare rash, and what can you do about it? It often starts innocuously: a small cluster of spots around the mouth, easily dismissed as a hormonal breakout or a reaction to something you have eaten. But this is how perioral dermatitis shows up – quietly, persistently and seemingly more frequently. “It’s quickly become one of the most common inflammatory conditions I treat,” says Dr Anjali Mahto, a consultant dermatologist and founder of the Self London clinic. Reddit threads on the subject run to thousands of posts, TikTok is awash with people documenting flare-ups, and actor Amanda Seyfried has spoken publicly about dealing with it. A recent report in the Journal of the American Academy of Dermatology confirmed the condition is on the rise. Meanwhile, the global market for perioral dermatitis treatments is growing. Continue reading...
This Florida-set revenge thriller swings between being boring and ludicrous. It’s riddled with awkward dialogue and convenient plotting Miami, Florida is the US at its extreme. Ostentatious wealth is everywhere, some legal, some very illegal, most of it in a grey area between the two. All of it is propped up by the hard work and cherished dreams of immigrants, people whose fight for a better life ...
This Florida-set revenge thriller swings between being boring and ludicrous. It’s riddled with awkward dialogue and convenient plotting Miami, Florida is the US at its extreme. Ostentatious wealth is everywhere, some legal, some very illegal, most of it in a grey area between the two. All of it is propped up by the hard work and cherished dreams of immigrants, people whose fight for a better life is getting harder – those few who make it to the top having to decide if, now they are no longer being exploited, they are willing to exploit others. All that provides the serious subtext for MIA, a new drama created by Bill Dubuque (Ozark). But any thoughtful treatment of the immigrant experience it might have to offer is overwhelmed by the sheer silliness of the main story, a revenge thriller starring Shannon Gisela as Etta Tiger Jonze, a woman in her early 20s whose entire family is slaughtered by a drug cartel. Raging with grief and with nothing to lose, Etta restarts from zero, lying low in Miami’s Haitian community while plotting to kill precisely 12 gangsters: the bad guys she witnessed murdering her loved ones. Continue reading...
As the Trump administration stokes anxiety about US birthrates, Karoline Leavitt and Katie Miller have touted motherhood as the ultimate ‘blessing’ On a Sunday in late March, dozens of White House staffers dressed in florals and pastels gathered at the Trump National Golf Club in Virginia to celebrate the impending arrival of Karoline Leavitt’s second child. “I feel blessed to have so many strong ...
As the Trump administration stokes anxiety about US birthrates, Karoline Leavitt and Katie Miller have touted motherhood as the ultimate ‘blessing’ On a Sunday in late March, dozens of White House staffers dressed in florals and pastels gathered at the Trump National Golf Club in Virginia to celebrate the impending arrival of Karoline Leavitt’s second child. “I feel blessed to have so many strong and loving women in my life,” the White House press secretary would later post on Instagram, “and can’t believe we will welcome our little lady into the world in a few weeks.” The vibes of the pink-themed baby shower, as documented in a New York Post exclusive , were soft, bordering on twee – a sharp contrast to the professional persona of a woman the Hungarian autocrat Viktor Orbán once joked about hiring after witnessing her cage matches with the press. Continue reading...
Sadler’s Wells East, London Courtney Deyn and Jacob Samuel conjure a bleak world of excess, ritual and power in a visually striking but limited piece of dance-theatre It’s like the aftermath of the bleakest office party. A giant boardroom table, a naked man on the floor, another with his suit trousers round his ankles and someone urinating into a whisky glass. What follows feels like a surreal, le...
Sadler’s Wells East, London Courtney Deyn and Jacob Samuel conjure a bleak world of excess, ritual and power in a visually striking but limited piece of dance-theatre It’s like the aftermath of the bleakest office party. A giant boardroom table, a naked man on the floor, another with his suit trousers round his ankles and someone urinating into a whisky glass. What follows feels like a surreal, less glossy version of the TV show Industry: menacing games of power and domination in a coldly lit, hollow-feeling place. Meanwhile, a cleaner arrives to mop up the body fluids then sings Ave Maria. This is a wildly unpredictable world from Bullyache, the creative duo of Courtney Deyn and Jacob Samuel (plus five dancers on stage), who make darkly intense dance theatre. The set by Tor Studio has a wall of broken glass, as if someone has driven a truck through it, but it turns out A Good Man Is Hard to Find is about the people who drove a truck through the global economy in 2008. Halfway through, in a sudden mood switch, it turns into a gameshow and tells us these wasted cretins are the bankers who caused the financial crisis. What will their fate be? The piece is inspired by the secretive San Francisco institution Bohemian Club, a gathering of rich and powerful men who take part in various rituals including the cremation of care, where members cast off their worries – or, in Bullyache’s eyes, absolve themselves of guilt. The reference isn’t explicit in the show, but there does follow a Rite of Spring-ish ritual, set to Shostakovich’s chamber symphony in C minor, the grim mood shot through with classical leaps and Latin American swivel and a bit of punchy folk dance plus quasi-religious imagery. Continue reading...
Whether it’s the Met Gala or the start of holiday dressing, May is big news in the fashion world • The best wedding guest dresses for every budget May starts with a bang, in fashion. The Met Gala, which happens on the first Monday in May every year, is the most outrageous, most high-concept red carpet of the year. The Met looks don’t offer much in the way of real-life style, but they are a nice re...
Whether it’s the Met Gala or the start of holiday dressing, May is big news in the fashion world • The best wedding guest dresses for every budget May starts with a bang, in fashion. The Met Gala, which happens on the first Monday in May every year, is the most outrageous, most high-concept red carpet of the year. The Met looks don’t offer much in the way of real-life style, but they are a nice reminder that fashion in the summer should be fun. Bank holiday weekends are the perfect time to road test your holiday-season style, and longer evenings make a breezier kind of dressing up feel doable. There are some gems out there right now: read on for the Cos trousers that might just be your new wardrobe staple, and the high-street flats that I’ve had compliments on every time I’ve worn them. Continue reading...