The financing follows a massive raise from Google's parent, Alphabet.

SharonAI Holdings stock jumps after announcing a six-year agreement with Nvidia to expand data-center capacity in Australia.

Pla2na/iStock via Getty Images Introduction CareTrust REIT ( CTRE ) has long been one of my favorite REITs since turning bullish on the company in 2023 . However, their strong performance in recent years led me to believe the stock was overvalued. With the recent pullback in price, down close to 5% in the past month, CTRE appears more attractive for long-term investors at the current price. But at a forward P/AFFO multiple still close to 19x, I think investors should wait for another 10% - 15% pullback for a margin of safety. In this article, I discuss CareTrust REIT's latest earnings, fundamentals, and why despite the pullback, I'm reiterating shares at a hold. Previous Downgrade I last covered CareTrust REIT back in March in an article titled: This Overlooked REIT's Hot Streak Continues, But The Bargain Is Gone. Although CTRE showed strong growth and was expecting 2026 to be another breakout year, their forward multiple near 21x earnings led me to believe the valuation was stretched, putting new investors at high risk of underperformance. I indicated CTRE could trade anywhere between 18x and 20x going forward but suggested investors wait for a pullback to the mid-$30s or lower before considering. Moreover, the upside potential to their price target of $43.82 wasn't enough for me to remain bullish, and instead I downgraded them to a hold to wait for a better entry point. Since then, CTRE has underperformed, down over 9% in comparison to the S&P ( SP500 ), up close to 11%. Seeking Alpha Strong Activity Continues CareTrust REIT reported their Q1 earnings last month with FFO in line with estimates at $0.48. Revenue managed to beat analysts' estimates by a solid $8.92 million, amounting to $142.78 million. Year-over-year, FFO grew 14%, while FAD was up 13%. In Q1, management made an additional $245 million in investments at a blended yield of 8.8%. For comparison, although their yield declined from 10% the prior year's quarter, the REIT saw higher investment activity w...

Artem Peretiatko/iStock via Getty Images Co-authored with Hidden Opportunities Investors spend an enormous amount of time trying to predict where interest rates will be 6-12 months from now. The media adds to the excitement by being fixated on what the Federal Reserve will do in its next meeting and how many times we will see rate revisions in upcoming meetings. Countless hours are devoted to debating every inflation report, jobs number, and central banker speech and interview in an attempt to gain an edge. There is no edge. Accurately forecasting short-term interest rate movements is exceptionally difficult, even for professional economists and market participants. Even the members of the Fed’s Board of Governors don't know what the monetary policy will be at the end of the year. Everyone can make an educated guess, even the best have been proven wrong time and again. Instead of building portfolios around a specific rate forecast, income investors are often better served by building a portfolio that can perform reasonably well across a wide range of outcomes. A rate-agnostic portfolio does not require investors to correctly predict the next move by the Federal Reserve. Rather, it emphasizes investments that can continue generating attractive income whether rates move higher, lower, or remain unchanged. This is how we invest at High Dividend Opportunities . Today, we examine two opportunities that fit our rate-agnostic philosophy from two angles. We will discuss fixed and floating-rate preferreds and securities with defined near-term maturity dates. Collectively, they demonstrate how investors can build durable income streams without relying on predictions. Let’s dive in. Pick #1: AGNC Preferreds – Up To 8.7% Yields AGNC Investment Corp. ( AGNC ) is one of our favorite mREITs that invests in agency MBS (Mortgage Backed Securities). Agency MBS carry minimal credit risk, and current mortgage coupons around 5.5% allow AGNC to earn attractive spreads even if short-term ...

Jonathan Kitchen/DigitalVision via Getty Images Video Summary: XLK After the Record Rally: A Fork in the Road In this video, I go through the State Street Technology Select Sector SPDR ETF ( XLK ) after its best 10-week rally in 27 years (+48.9%), explaining why it resembles the 1999 dot-com melt-up although there are vastly different earnings support. I cut my rating to Hold from my earlier Strong Buy. The 1999 Comparison and Why It's Not Quite That Simple In 2000 (March bubble peak), Cisco ( CSCO ) traded at 137x forward earnings (~28x today), Oracle ( ORCL ) at 118x (~25x today), and the average forward P/E = 53x. The Nasdaq eventually fell 78% from its high to low. Today, XLK's forward P/E is around 28 to 30x (with Goldman Sachs putting major tech at about 20x in April, before the rally). XLK constituents are expected to grow earnings 43% in 2026 and 24% in 2027: real, improving profits, not the negative sector cash flows of 1999. Key Risks Concentration & Leverage: XLK is rather top-heavy: 61.8% of the fund is invested in just ten companies, and more than one-third is in six semiconductor stocks. If NVIDIA single-handedly drops 20%, XLK's NAV would drop by roughly 2.6%. Major cloud companies have borrowed well over $100 billion through bond markets to fund AI-related capital expenditures, and demand for credit-default swap protection has increased as investors hedge the risk behind that buildout. Valuation Ceiling: At 30x forward earnings, the fund's already expensive . So if earnings growth comes in below that 43% estimate, or if the Fed tightens policy again, don't be surprised if investors quickly push valuations lower. I think that the $146–$150 range, which was the prior breakout zone, is the key support level to watch. Capex ROI Cliff: Should major cloud players begin cutting their capital expenditure plans at the end of 2026 due to AI investments not yielding the expected returns, the market sentiment could quickly change from “recovery” to “correction.”...

Getty Images The Fed to make a major hawkish turn The Fed still officially has an easing bias, based on the March SEP, where it signaled a continuation of policy normalization towards the neutral rate, with two additional cuts planned. However, Fed Funds futures are currently pricing two Fed hikes, and this is based on the recent macroeconomic data and geopolitical situation, which is deemed to be inflationary. Thus, the Fed is likely to officially change its easing bias at the June FOMC meeting, and make a significant hawkish turn, by signaling that the next move will be a hike (not a cut) - consistent with the Fed Fund futures. This hawkish turn is likely to exacerbate the unfolding selloff in the S&P 500 ( SP500 ). The Fed's current bias So, here is the SEP from the Fed's March meeting. The Fed still has an official easing bias with one cut signaled in 2026 to 3.4% and another cut signaled in 2027 to 3.1%, which is near the long-term nominal neutral rate of 3%. Note, the Fed Funds rate is still modestly restrictive at 3.6%, thus, the Fed is still officially in a policy normalization mode - that's the return of the Fed Funds rate to a neutral level. The continuation of policy normalization is based on the Fed's assessment that: The labor market is weakening, and Inflation is elevated due to the one-time effect of tariffs, which is supposed to disappear in the second half of 2026, and thus, the core PCE is expected to fall near the 2% target in 2027. However, the recent data has shown that the labor market has strengthened, and the geopolitical escalation in the Middle East is causing the inflationary pressures via the unfolding energy price shock, which seems to be more persistent. Thus, the Fed's March SEP is outdated. FOMC SEP, March Expectations of a hawkish turn Fed Funds futures are now signaling that the market expects the Fed's next move will be a hike. Specifically, the December 2026 Fed Funds futures contract is priced at 97.15, which implies nearly a 100...

Getty Images Every earnings season I go through hundreds of reports looking for disconnects to find the places where the narrative and the numbers have stopped talking to each other. Sometimes the market is right, and the numbers eventually catch up to the story, but then there are other times the market gets so consumed by a narrative that it stops doing the math entirely. I believe Salesforce ( CRM ) has become the clearest example of the second category anywhere in large-cap technology. Shares are sitting around $165, which is just above the 52-week low of roughly $163. CRM has been in a bear market and is now down -37.40% over the past year. The S&P 500 is near all-time highs, AI infrastructure names are commanding premium multiples, and the market has decided that the SaaSpocalypse narrative applies to CRM more than almost any other large cap in the market. While that narrative was hardening, CRM delivered a record Q1 FY2027 with $11.13 billion in revenue, 13.27% YoY growth, non-GAAP EPS of $3.88 that grew 50% YoY, and beat estimates by $0.75. On top of that, in an AI-fueled market, CRMs's AI and data business reached $3.4 billion in annual recurring revenue. I have been wrong on CRM so far, and I will address that head-on, but that doesn’t change the fact that CRM is one of the most inexpensive companies in the entire stock market from a profitability standpoint. Seeking Alpha Following Up On My Previous Article About Salesforce Back in September I wrote an article making the case that CRM was an undervalued AI play that was being overlooked heading into Dreamforce ( can be read here ). Shares were trading at $243.25 and I felt that paying 21.4 times 2025 earnings for a company growing its AI and Data Cloud ARR by 120% YoY was a bargain. Since then, CRMs have declined by -31.57%, while the S&P 500 has climbed 11.97%. There is no way to sugarcoat that result, and I am not going to try. The gap between CRM and the market has only widened since my original thesis...

davincidig/iStock via Getty Images Maintaining a bullish outlook on markets has become an emotionally challenging affair in recent history, but the crowd continues to look through the constant flow of troubling news and concludes that it’s still reasonable to stay the course. Informed or not, that sentiment has been a winning strategy so far and remains on display in several sets of ETF pairs that track key market segments through yesterday’s close (June 11). From a global asset allocation perspective, an aggressive strategy ( AOA ) relative to its conservative counterpart ( AOK ) offers a useful starting point. This broad-based measure of sentiment weakened in the early weeks of the war with Iran but has since recovered and continues to point to a risk‑on bias. Using the 50‑day/200‑day moving averages as a guide for the AOA:AOK ratio has successfully minimized much of the noise in recent years, albeit with some glaring exceptions. During the correction associated with the tariff tantrum in the spring of 2025, for example, a risk‑off signal was triggered, which ultimately proved to be a false alarm. Since then, this indicator has remained risk‑on as a big‑picture guide, supporting the case for looking through the recent chaotic news flow. The key takeaway: monitoring metrics such as AOA:AOK, while hardly flawless, are useful starting point for evaluating sentiment and asking the question: Is there a strong case for betting against the crowd? Similarly, monitoring a broad measure of U.S. stocks ( SPY ) versus a low‑volatility counterpart ( USMV )—a proxy for a relatively conservative equity portfolio—shows a continued risk‑on posture this year via the 50‑/200‑day ratio, albeit one that has pulled back from its recent peak. Several other measures of the U.S. equity market reflect even stronger risk‑on signaling, including the comparison between the broad equities market ( SPY ) and a defensive strategy based on a so‑called market‑neutral anti‑beta fund ( BTAL ). Skept...

Joe Hendrickson/iStock Editorial via Getty Images Wall Street has a bad habit of punishing a stock twice for the same mistake. First, it takes a beating when the bad news breaks, then it takes another when the lawyers show up to relieve it of whatever's left. SoFi Technologies, Inc. ( SOFI ) is getting that second beating right now, and we can see it all over the chart. But, after watching more than two decades of sell-offs like this play out, I’ve learned that the right question is rarely “what went wrong?” Rather, I find it better to question whether the thesis is still intact- the catalysts that investors have stopped paying attention to. And with SoFi, there’s a quietly built answer to that question that almost no one talks about, which I will cover in this particular piece. Spoiler: With everything else discussed below, my Buy rating for SoFi remains in place. Where does SoFi stock stand? Seeking Alpha At the time of publication, SoFi stock trades around $16 . So far this year, it’s down more than 36%, yet it’s still up over 10% over the past 12 months, largely because the stock rallied in late 2025. Today, that excitement seems to be waning. But, is it warranted? Let’s have a look at some simple technicals. On a scale of 0 to 100, SoFi’s 14-day RSI currently sits at 50.34 . RSI gives us an indication whether a stock may have been bought or sold too aggressively in the recent past (in this case, the 14 means the last 14 trading periods). An oversold stock would have a 14-day RSI of below 30, so in this case, a reading around 50 certainly doesn’t mean there's blood in the streets. My read is that the company has worked off most of its froth and is now drifting through the middle ground where tired sellers and bargain hunters bump into each other. But even so, the stock does appear to be gradually declining, with the sell-off starting in late January 2026. What happened? When the company reported fourth-quarter 2025 earnings and laid out full-year 2026 guidance, ...

专题：史上最大IPO本周来袭 马斯克旗下SpaceX拟募资750亿美元 随着美国和伊朗即将达成结束战争协议的消息进一步发酵，全球股市和债市持续反弹，油价大幅下跌，比特币走低，黄金上涨。 道琼斯 工业平均指数期货上涨0.6%，标普500指数期货上涨0.5%，以科技股为主的 纳斯达克 指数期货上涨0.4%。此前，三大股指周四全线收高，并录得4月初以来最大单日百分比涨幅。 全球股市普涨 欧洲股市开盘上涨，跟随美国和亚洲市场走势。泛欧Stoxx 600指数上涨1.2%，消费和工业股领涨；不过，能源股因油价下跌承压。 德国DAX指数上涨1.2%，伦敦FTSE 100指数上涨0.7%，法国CAC 40指数上涨1.4%。 稍早，亚洲股市指数上涨2.8%，韩国KOSPI指数领涨。日本日经指数上涨2.8%，香港恒生指数上涨1.4%。在经历地缘政治波动、通胀担忧以及AI股票泡沫忧虑交织的一周后，芯片股领涨亚洲市场。 SpaceX史上最大IPO登场 埃隆·马斯克（Elon Musk）旗下SpaceX定于周五挂牌上市。这将是有史以来规模最大、也可能是最受瞩目的IPO之一。市场预期，SpaceX上市首日涨幅可能至少达到35%。 投资者正密切关注，SpaceX能否在创下750亿美元IPO纪录后赢得市场追捧，并进一步带动相关产业公司估值提升。 受SpaceX上市预期推动，Rocket Lab Corp．和Redwire Corp．等航天相关股票在美股盘前交易中上涨。芯片股则在费城半导体指数周四大涨7.9%后有所回落。 Santander Asset Management的Tomás García-Purriños表示，投资者对科技相关成长故事仍有持续兴趣，尤其是涉及人工智能的企业。预计2026年的IPO管线显示，科技、数字基础设施及AI相关主题仍具吸引力。 Edmond de Rothschild资产管理多资产主管Michael Nizard指出，由于IPO面向大量散户投资者，SpaceX上市可能对短期市场动能起到关键作用。 美伊协议草案曝光，油价重挫 布伦特原油下跌4%，有望首次收于87美元/桶以下，为战争爆发以来的新低。美国WTI原油期货下跌2%，至85.91美元/桶。两大基准油价本周均可能下跌约7%。 特朗普周四在社交媒体上表示，“讨论内容和最终条款，无论是在总体框架还是具体细节上，都已获...

Rezolve AI ( RZLV ) announced on Friday that it plans to seek shareholder approval for a capital reduction and a buyback authorization of up to $300M Pursuant to the agreement, BTIG will acquire shares for potential repurchase by the company. The board expects approval, with UK court approval anticipated by end-August. Rezolve AI is exploring non-dilutive financing options to support the buyback program. Any repurchases will depend on market conditions and capital allocation priorities. More on Rezolve AI Rezolve: Can Cash Buy AI Credibility? Rezolve AI PLC (RZLV) Shareholder/Analyst Call Transcript Rezolve AI PLC (RZLV) Shareholder/Analyst Call Prepared Remarks Transcript Russell 3000 tech shuffle: CoreWeave set to enter while MicroVision exits Commerce.com says Rezolve offer significantly undervalues company

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: John Waldron, Goldman Sachs, COO & President; Konstantin Veit, PIMCO Portfolio Manager; Alex Michl, Czech Central Bank Governor; Alex Zhavoronkov, Insilico Founder; Rudolf Minsch, Economiesuisse, Chief Economist (Source: Bloomberg)

QBTS expands into AI and blockchain via a live quantum-classical testNet with Postquant Labs and early drug discovery gains with Shionogi.

Chinese cloud clients weigh overseas data-center testing

当潮水退去，唯一能让你留在牌桌上的，不是讲过的故事，而是账上的现金。 近日，国货底妆品牌blank me母公司上海永熙信息科技有限公司被申请破产审查及强制清算。据全国企业破产重整案件信息网，案件申请人为上海博观瑞思传媒科技有限公司，这是一家整合营销服务商，为服饰、美妆、大健康品牌提供电商运营、品牌宣传等服务，也是blank me的合作供应商。 blank me的陨落并不在一夜之间，上海永熙信息科技有限公司已面临多重债务纠纷。据企查查信息，上海永熙作为被告共涉及105起司法案件，对方当事人包括代工方、广告和营销服务商等。 成立于2016年的blank me，曾是国货美妆供给升级浪潮中的代表品牌，以底妆细分赛道切入市场，2021—2022年连续在电商平台拿下底妆类目国货第一，入选2022福布斯中国新锐品牌TOP100，2023年曾与LVMH 旗下消费基金路威凯腾达成投资意向并签署协议，一时风光无限。 如今，这个曾在李佳琦直播间1秒卖出10万件的“国货底妆天花板”，这个跻身LVMH投资名单的国货美妆品牌，被营销服务商“围追堵截”，沦落到连8万元代工费都付不起的窘境。 而事件的另一面，是一代流量型新消费品牌的集体出清。 投资人做底妆 2016年，杨博雅做了一个出人意料的决定：创办blank me半分一，一家专注于底妆领域的美妆品牌。 杨博雅毕业于同济大学经济与管理学院，创业前担任德同资本投资总监。在投资行业里，他经手过美ONE（李佳琦所属公司）、自然乐园、Farfetch、Dexter等项目，看惯了创业者们在路演PPT上画出的漂亮曲线，也见惯了那些曲线在现实中的起落沉浮。 他比任何人都清楚，资本市场上最不缺的就是“好故事”，最稀缺的是“好生意”。 在投资人的逻辑里，核心技能是判断风险与回报，而非制造产品；主要任务是审视别人的商业模型，而非亲自验证一个商业模型。但杨博雅显然不这么看。 投资圈流传着一句话，先看赛道，再看卡位，最后才琢磨产品。但这不是一个创业者的直觉，而是一个投资人的框架。但是，杨博雅依然不这么看。 选择大于努力，赛道决定上限，卡位决定存活率。杨博雅用这套逻辑扫描了整个美妆版图，最终锁定了一个人迹罕至的角落——底妆。彼时的国货彩妆，完美日记统治眼影，花西子称霸散粉，唯独底妆这个品类，国际品牌垄断了80%以上的份额，本土品牌几乎无人以底妆为核心品类。 这是一片蓝海...

The reported $1.5 billion offer would sharpen Alibaba's fight with Meituan.

SPX Technologies (SPXC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

格隆汇6月12日｜Ninepoint Partners正为加拿大投资者提供一种通过交易所交易基金获得对SpaceX的一些敞口的途径。该另类投资管理公司已获得监管部门批准，其Ninepoint SpaceX HighShares ETF将于周五在Space Exploration Technologies进行IPO后在多伦多证券交易所开始交易。该ETF将把最高100%的总资产投资于SpaceX A类股，并将对最高50%的这些持仓卖出备兑看涨期权。Ninepoint表示，SXHI打算支付月度现金分配，并且预计将符合分配再投资计划的条件，允许投资者自动将派息再投资，以随着时间的推移增加其持仓。该公司计划到9月30日对该ETF实行0%的管理费。

Astera Labs Stock In The Spotlight After Nasdaq-100 Inclusion Benzinga

格隆汇6月12日｜周五，美国股指期货在股市开盘前走高，主要受到对SpaceX即将上市交易的乐观情绪推动。此外，伊朗冲突可能达成临时和平协议的预期也提振了市场情绪。纳斯达克表示，SpaceX将于美东时间上午9点50分在纳斯达克挂牌，并于10点开始交易。IPO前的衍生品交易显示，随着散户投资者蜂拥而至，该股涨幅预计将在30%至50%之间。Strategas Securities首席ETF策略师Todd Sohn表示，股指期货价格正在上涨，因为“这是一种混合因素的作用，包括油价走软、SpaceX的热潮，以及市场仍建立在强劲的盈利基础上”。关于SpaceX，他表示“需求显然已飙升至顶点”。

SemiAnalysis says Intel should use its stronger stock price to fund its turnaround.

The rocket launch company is set to join the tech-heavy index as investors gear up for SpaceX’s blockbuster trading debut.

Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test TechStock²

格隆汇6月12日｜交大昂立(600530.SH)公告称，公司控股股东上海韵简于6月12日首次增持公司股份30.06万股，占总股本0.04%，成交金额187.3万元。上海韵简计划自首次增持之日起6个月内，累计增持不低于774.92万股(占总股本1%)，且不超过1549.84万股(占总股本2%)。

The US and Iran may sign an agreement to reopen the Strait of Hormuz on the sidelines of the Group of Seven world leaders summit next week, according to senior officials. A senior Iranian official indicated overnight that a deal is likely, said a G7 official and a diplomat from outside the group, who both asked not to be named discussing sensitive matters. This year’s G7 summit takes place in Evian, in the French Alps, from June 15 to June 17. Geneva, in Switzerland, is nearby and being floated...