Dilok Klaisataporn/iStock via Getty Images Brookfield Asset Management ( BAM ) stock rose 1.2% in Friday premarket trading after the asset manager said it expects 2026 growth to exceed its long-term targets after it delivered strong Q1 earnings. "Both our infrastructure and private equity flagships that are currently in the market are expected to be their largest vintages ever," said CEO Connor Te...
Dilok Klaisataporn/iStock via Getty Images Brookfield Asset Management ( BAM ) stock rose 1.2% in Friday premarket trading after the asset manager said it expects 2026 growth to exceed its long-term targets after it delivered strong Q1 earnings. "Both our infrastructure and private equity flagships that are currently in the market are expected to be their largest vintages ever," said CEO Connor Teskey. "We are also benefiting from both the acquisition of Oaktree and the recently awarded Just Group investment mandate, which started in the second quarter." Q1 distributable EPS of $0.43, beating the average analyst estimate of $0.42, rose from $0.47 in Q4 2025 and $0.40 in last year’s Q1. Fee-related earnings of $772M, vs. the Visible Alpha consensus of $788M, dropped from $867M in the prior quarter and increased from $698M a year ago. Q1 revenue of $1.34B, lagging the $1.45B consensus, decreased from $1.39B in Q4 and rose from $1.08B in Q1 2025. Management and incentive fee revenue of $990M slipped from $1.09B in the previous quarter and grew from $954M in the year-ago period. Brookfield Asset Management ( BAM ) organically raised $21B of capital during the quarter, including $13B within credit, $3.4B within infrastructure, $1.4B within private equity, and $B within real estate. That compared with fundraising of $35B in Q4. It deployed $20B of capital during the quarter vs. $13B in the prior quarter. The company also monetized or agreed to sell $8B of investments in the quarter vs. $46B in the prior quarter. Brookfield ( BAM ) has $137B of uncalled commitments, also called "dry powder," that’s ready to deploy vs. $134B at the end of Q4. Q1 expenses of $733M rose from $490M in the prior quarter and $502M a year ago. Conference call at 10:00 AM ET. More on Brookfield Asset Management Ltd. Brookfield: Finding The Right Mix Of Capital Growth, Hard Assets, And High Margins Brookfield Asset Management: 15% Dividend Hike, Record AUM, Big Yield Brookfield Asset Management: Go...
Sylvamo press release ( SLVM ): Q1 Non-GAAP EPS of -$0.53 misses by $0.26 . Revenue of $755M (-8.0% Y/Y) beats by $15.15M . Europe - $(44) million compared with $(29) million in the fourth quarter of 2025. Losses were higher due to lower sales price and mix and higher operating and input costs. Latin America - $4 million compared with $37 million in the fourth quarter of 2025. Earnings were lower ...
Sylvamo press release ( SLVM ): Q1 Non-GAAP EPS of -$0.53 misses by $0.26 . Revenue of $755M (-8.0% Y/Y) beats by $15.15M . Europe - $(44) million compared with $(29) million in the fourth quarter of 2025. Losses were higher due to lower sales price and mix and higher operating and input costs. Latin America - $4 million compared with $37 million in the fourth quarter of 2025. Earnings were lower due to lower sales mix, lower volumes, higher operating costs and higher planned maintenance outages. More on Sylvamo Sylvamo: May Take A Year To Reposition For Growth, Buy For The Dividend Sylvamo Corporation (SLVM) Q4 2025 Earnings Call Transcript Sylvamo Corporation 2025 Q4 - Results - Earnings Call Presentation Top 10 material stocks with highest dividend yield amid volatile markets Sylvamo outlines $300M+ free cash flow potential as Eastover investments drive 2026 transition
Amazon.com Inc. (NASDAQ:AMZN) is one of the best stocks to buy for the next 15 years. On May 5, Amazon announced plans to invest more than €15 billion in France between 2026 and 2028, marking its largest investment in the country to date. This capital will be directed toward expanding logistics infrastructure, enhancing cloud computing […]
Amazon.com Inc. (NASDAQ:AMZN) is one of the best stocks to buy for the next 15 years. On May 5, Amazon announced plans to invest more than €15 billion in France between 2026 and 2028, marking its largest investment in the country to date. This capital will be directed toward expanding logistics infrastructure, enhancing cloud computing […]
chaofann/iStock via Getty Images Written by Jussi Askola for High Yield Investor The valuation of the broader stock market is today historically high, with the S&P 500 ( SPY ) trading at 30x earnings, nearly double its historic mean. Multipl According to Warren Buffett's favorite valuation metric, the stock market is today actually more expensive than ever before. It is 75% above the long-term tre...
chaofann/iStock via Getty Images Written by Jussi Askola for High Yield Investor The valuation of the broader stock market is today historically high, with the S&P 500 ( SPY ) trading at 30x earnings, nearly double its historic mean. Multipl According to Warren Buffett's favorite valuation metric, the stock market is today actually more expensive than ever before. It is 75% above the long-term trend line, as you can see below: Current Market Valuation That's despite living through extremely uncertain times with major wars being fought in Europe and the Middle East and the high risk of facing a Third World War if and when China invades Taiwan, as it is threatening to do. Oil prices are also nearing $120 per barrel, and the global economy is on shaky legs. Governments are also more indebted than ever, even as they keep spending like there is no tomorrow, with the US expected to run a near $2 trillion deficit in 2026, a near-record high outside of the pandemic. And that's not all. I fear that the AI revolution could also lead to a difficult transition period with far more jobs being eliminated than created over the short run, potentially hurting the economy. Moreover, as we have discussed previously , we fear that AI could end up hurting lots of businesses as it breaks barriers to entry, leading to far more competition and lower profits. We believe that SaaS companies were just the first domino to fall, with many sectors expected to follow a similar path as AI models get better and are implemented across the economy: Data by YCharts For all these reasons, I think that the risk-to-reward of the broader equity market isn't particularly attractive today, and being selective with your investments is more important than ever before. However, for those who are willing to dig below the surface, some very interesting opportunities still remain in niche sectors that are often overlooked and/or misunderstood by generalist investors. These are some of the most undervalued segment...
Adam Gault/OJO Images via Getty Images The commodity supercycle thesis is everywhere right now. Bank of America’s Michael Hartnett, one of the most widely read strategists on Wall Street, recently declared “commodities the biggest trade of the next five years,” anchoring the call on deglobalization, chronic capital underinvestment, and a world drifting away from dollar dominance. As is often the c...
Adam Gault/OJO Images via Getty Images The commodity supercycle thesis is everywhere right now. Bank of America’s Michael Hartnett, one of the most widely read strategists on Wall Street, recently declared “commodities the biggest trade of the next five years,” anchoring the call on deglobalization, chronic capital underinvestment, and a world drifting away from dollar dominance. As is often the case, the narrative is extremely compelling. However, it’s also internally contradictory in ways that most investors aren’t stopping to examine. After three decades of managing money, I have learned to be the most skeptical of the trades that feel the most inevitable. That skepticism isn’t contrarianism for its own sake, but rather the recognition that when a thesis achieves consensus, the crowd has usually already priced the easy part of the move, and the hard part is what comes next. The commodity supercycle argument has real structural legs. But it also carries a reflexivity problem, a dollar-mechanics problem, and a catastrophist assumption problem that, taken together, make the clean “go long commodities” conclusion far messier than the headline suggests. Let’s work through each one carefully and, as always, with the data. The Reflexivity Problem: When the Trade Defeats Itself The most straightforward critique of any commodity supercycle thesis is that a sustained commodity rally is, by definition, inflationary. And sustained inflation is demand destruction. Before we get to the counterarguments (there are legitimate ones) , it’s worth mapping out the feedback loop precisely, because the mechanism is more complex than the simple “inflation is bad for growth” headline suggests. Commodity bulls offer a legitimate counterargument here. First, they distinguish between demand-pull inflation, where a hot economy bids up prices, and supply-constrained inflation. The latter is where chronic underinvestment means the world can’t produce enough regardless of demand levels. Hartne...
I’ll cut to the chase. Intel (NASDAQ: INTC) has been one of the most extraordinary turnaround stories of the past year, with shares up 466.75% over the trailing 12 months and 206.26% year to date. But after that run, the math is stretched. Our 24/7 Wall St. price target for Intel is $88.66, which implies ... Price Prediction: Intel Stock Surge Hides Risk of Sharp Drop Ahead
I’ll cut to the chase. Intel (NASDAQ: INTC) has been one of the most extraordinary turnaround stories of the past year, with shares up 466.75% over the trailing 12 months and 206.26% year to date. But after that run, the math is stretched. Our 24/7 Wall St. price target for Intel is $88.66, which implies ... Price Prediction: Intel Stock Surge Hides Risk of Sharp Drop Ahead
Earnings Call Insights: Clearway Energy, Inc. (CWEN) Q1 2026 Management View CEO Craig Cornelius said, "We are reiterating our 2026 CAFD guidance and our 2027 CAFD per share target of $2.70 or better," while emphasizing that "what has evolved meaningfully since our November update is the scale and visibility of growth investments we now see in the medium and long term." He added, "we now expect to...
Earnings Call Insights: Clearway Energy, Inc. (CWEN) Q1 2026 Management View CEO Craig Cornelius said, "We are reiterating our 2026 CAFD guidance and our 2027 CAFD per share target of $2.70 or better," while emphasizing that "what has evolved meaningfully since our November update is the scale and visibility of growth investments we now see in the medium and long term." He added, "we now expect to deploy 20% more corporate capital between 2026 and 2029 relative to our prior outlook." Cornelius pointed to data center-related demand as an incremental growth vector, saying, "Power demand tied to co-located digital infrastructure continues to represent a growth opportunity," citing "new equipment purchases" and "a design and delivery partnership with our friends at Quanta and Blattner" plus "ongoing engagement with hyperscaler customers across multiple complexes." Cornelius said the company is now leaning toward the upper end of longer-dated targets: "we are now increasing our focus towards delivering the top end or better of the 2030 CAFD per share target range of $2.90 to $3.10 per share," and later added the company expects to "set a growth target in 2031 later this year" tied to "the top end of our 5 to 8-plus percent long-term growth range in 2031." CFO Sarah Rubenstein reported, "For the first quarter, Clearway delivered adjusted EBITDA of $257 million and CAFD or free cash flow of $70 million," and said the company is "reaffirming our full year 2026 CASK guidance range of $470 million to $510 million." Outlook Management reiterated key targets, with Cornelius stating, "We are reiterating our 2026 CAFD guidance and our 2027 CAFD per share target of $2.70 or better," and framing 2030 execution as skewing higher: "we can achieve the top end or better of our 2030 target." Cornelius said the company’s increased medium-term investment visibility supports higher ambition beyond prior commentary: "Since November, we've materially increased our line of sight to investment...
Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha More on Enbridge Inc. Enbridge Inc. (ENB:CA) Shareholder/Analyst Call Transcript Important Warning For Enbridge Investors: A Strong Quarter May Not Be Enough Enbridge: Pay The Premium, It's Worth It In The Long Run Enbridge Q1 earnings preview: analysts expect steady quarterly results Enbridge targets $10B–$20B new project FIDs over 24 months...
Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha More on Enbridge Inc. Enbridge Inc. (ENB:CA) Shareholder/Analyst Call Transcript Important Warning For Enbridge Investors: A Strong Quarter May Not Be Enough Enbridge: Pay The Premium, It's Worth It In The Long Run Enbridge Q1 earnings preview: analysts expect steady quarterly results Enbridge targets $10B–$20B new project FIDs over 24 months as growth backlog reaches $39B
Texas Roadhouse ( TXRH ) rallied in premarket trading on Friday after delivering a solid Q1 earnings report, with revenue rising 12.8% to $1.63B and diluted EPS up 9.6% from last year's mark and ahead of the consensus expectation. The quarter was driven by stronger traffic, continued sales momentum, and still-healthy pricing. Comparable restaurant sales increased 7.1%, boosted by 4.5% traffic grow...
Texas Roadhouse ( TXRH ) rallied in premarket trading on Friday after delivering a solid Q1 earnings report, with revenue rising 12.8% to $1.63B and diluted EPS up 9.6% from last year's mark and ahead of the consensus expectation. The quarter was driven by stronger traffic, continued sales momentum, and still-healthy pricing. Comparable restaurant sales increased 7.1%, boosted by 4.5% traffic growth and a 2.6% rise in average check. TD Cowen analyst Andrew Charles said that in the firm's view, the bull case transpired within the Q1 results as 2026 commodity inflation was lowered to a 6% to 7% range from 7%, which marks the first COGS inflation guidance reduction since Q3 of 2024. Additionally, same-store sales strength in the quarter persisted into Q2 amid industry softness, setting the company up well to meet or exceed Q2 consensus estimates. Jefferies analyst Andy Barish also noted that demand trends are sustaining, which he said is particularly encouraging given contrasting volatility observed elsewhere in the industry. While the expected commodity inflation is now slightly less elevated, Brish and his team maintain some conservatism still given some uncertainty about the external environment. RBC Capital analyst Logan Reich called the report largely positive. "Notably, beef inflation was lower than anticipated, and management guided down the FY commodity outlook to 6-7% from ~7%, driven almost entirely by lower beef, which has been an overhang on the stock given it makes up 50% of their COGS (~17% of revenue)," updated Reich. Shares of Texas Roadhouse ( TXRH ) were up 5.7% in premarket trading to $167.00 vs. the 52-week range of $153.83 to $199.99. More on Texas Roadhouse Texas Roadhouse: Too Expensive, Look To Add Closer To Fair Value (Downgrade) Texas Roadhouse: Its Valuation Is Still Overcooked Texas Roadhouse: Why The Stock Didn't Drop On A 25% EPS Decline Texas Roadhouse GAAP EPS of $1.87 beats by $0.08, revenue of $1.63B misses by $10M Texas Roadhouse Q1 2...
Earnings Call Insights: Nano Dimension (NNDM) Q1 2026 Management View “We’re now at a very clear inflection point,” said CEO David Stehlin, outlining a “3-phase strategic plan” running “in parallel, not in series,” centered on “streamlining operations and cash burn reduction, product line monetization and go-forward alternative selection.” Stehlin said Q1 reflected typical seasonality and emphasiz...
Earnings Call Insights: Nano Dimension (NNDM) Q1 2026 Management View “We’re now at a very clear inflection point,” said CEO David Stehlin, outlining a “3-phase strategic plan” running “in parallel, not in series,” centered on “streamlining operations and cash burn reduction, product line monetization and go-forward alternative selection.” Stehlin said Q1 reflected typical seasonality and emphasized demand signals in two key product lines: “our 2 largest product lines, Fused Filament Fabrication or FFF… and Essemtec’s Surface Mount Technology or SMT product line, each delivered solid revenue performances,” while adding, “Underlying demand trends remain healthy.” On commercial traction, Stehlin said the FFF business “secured a significant expansion with a major U.S.-based automotive manufacturer,” and added, “We also continue to see growth in defense-related opportunities… and we expect this segment to further expand throughout this year.” On Essemtec, Stehlin said the SMT line is “winning exciting and significant new business in electronics and AI-related manufacturing,” and cited “continued expansion… with leading space and satellite companies.” Stehlin framed Phase 2 as active monetization work: “With the support of Guggenheim Securities… we are presenting the Board with alternatives to support the monetization of our product lines,” and said the AME and Fabrica sale “reduces complexity, improves focus and lowers our cost structure.” Stehlin disclosed a non-cash impairment tied to Markforged: “we determined that the full goodwill balance associated with Markforged totaling $40.4 million was impaired as of quarter end,” adding, “This is a noncash adjustment and does not impact our liquidity or execution of the plan.” CFO John Brenton said Q1 revenue was “$29.7 million,” gross profit was “$13.6 million,” and “adjusted gross margin” was “approximately 45.9%.” Outlook Brenton said the company is changing its guidance approach: “we have decided to withdraw our full yea...
Adeia Inc. recently reported past first-quarter 2026 results showing sales of US$104.77 million and net income of US$22.77 million, while also declaring a US$0.05 per-share dividend and completing a US$10 million share repurchase tranche. On the same day, the company disclosed that long-time CEO Paul E. Davis plans to step down by late 2026, even as Adeia secured new multi-year IP licensing agreem...
Adeia Inc. recently reported past first-quarter 2026 results showing sales of US$104.77 million and net income of US$22.77 million, while also declaring a US$0.05 per-share dividend and completing a US$10 million share repurchase tranche. On the same day, the company disclosed that long-time CEO Paul E. Davis plans to step down by late 2026, even as Adeia secured new multi-year IP licensing agreements with major partners such as AMD, Microsoft and L’Oréal and reaffirmed its full-year 2026...
Ubiquiti press release ( UI ): Q3 Non-GAAP EPS of $3.88 misses by $0.41 . Revenue of $788.2M (+18.7% Y/Y) misses by $26.1M . This figure represents a decrease from the prior quarter of 3.3% and an increase from the comparable prior year period of 18.7%. More on Ubiquiti Ubiquiti's Valuation May Need To Cool Down U.S. bans new foreign-made routers over security risks Seeking Alpha’s Quant Rating on...
Ubiquiti press release ( UI ): Q3 Non-GAAP EPS of $3.88 misses by $0.41 . Revenue of $788.2M (+18.7% Y/Y) misses by $26.1M . This figure represents a decrease from the prior quarter of 3.3% and an increase from the comparable prior year period of 18.7%. More on Ubiquiti Ubiquiti's Valuation May Need To Cool Down U.S. bans new foreign-made routers over security risks Seeking Alpha’s Quant Rating on Ubiquiti Historical earnings data for Ubiquiti Dividend scorecard for Ubiquiti