gonin/iStock via Getty Images MU stock: Wall Street became excessively bullish I last analyzed Micron Technology, Inc. ( MU ) on Mar. 25. The article focused on the status of the memory chip cycle and rated the stock as a sell. Since then, there have been many developments surrounding both MU’s specific operations and also the memory sector as a whole. This MU revisit will concentrate on some of the top changes in both categories, as I see it. More specifically, I will elaborate on these changes: A) Wall Street’s new rating and also price target for MU, B) the latest DRAM and NAND price changes, C) the latest CAPEX expenditures disclosed by MU and also its close competitors, and finally D) the valuation changes. As you will see, these factors, when combined, suggest that the prevailing sentiment surrounding MU has become excessively bullish. Let me start with the first new development: the upgrade in Wall Street analysts' average rating towards Micron stock. As shown in the chart, over the past year, the sentiment on the street has been quite bullish with an overall Buy rating. Since my last writing, the rating further strengthened, and the sentiment intensified into a Strong Buy rating since April. Seeking Alpha In tandem with the rating upgrade, the average price target has also surged, as shown in the next chart. Currently, the actual stock price hovers around $542 as of this writing, and the latest revised price target points to $551. Note that with the large volatilities the market has been experiencing recently, the share price might have changed a few percent by the time you read this. However, I don’t believe a few percent of the price would change the essence of the subsequent analysis at all. Also note that Wall Street has habitually overestimated the price target for MU stock historically, and often by a wide margin. For instance, between 2022 and mid-2025, the actual stock price largely traded around or below the $100 level, and the price target exceeded...

gonin/iStock via Getty Images MU stock: Wall Street became excessively bullish I last analyzed Micron Technology, Inc. ( MU ) on Mar. 25. The article focused on the status of the memory chip cycle and rated the stock as a sell. Since then, there have been many developments surrounding both MU’s specific operations and also the memory sector as a whole. This MU revisit will concentrate on some of the top changes in both categories, as I see it. More specifically, I will elaborate on these changes: A) Wall Street’s new rating and also price target for MU, B) the latest DRAM and NAND price changes, C) the latest CAPEX expenditures disclosed by MU and also its close competitors, and finally D) the valuation changes. As you will see, these factors, when combined, suggest that the prevailing sentiment surrounding MU has become excessively bullish. Let me start with the first new development: the upgrade in Wall Street analysts' average rating towards Micron stock. As shown in the chart, over the past year, the sentiment on the street has been quite bullish with an overall Buy rating. Since my last writing, the rating further strengthened, and the sentiment intensified into a Strong Buy rating since April. Seeking Alpha In tandem with the rating upgrade, the average price target has also surged, as shown in the next chart. Currently, the actual stock price hovers around $542 as of this writing, and the latest revised price target points to $551. Note that with the large volatilities the market has been experiencing recently, the share price might have changed a few percent by the time you read this. However, I don’t believe a few percent of the price would change the essence of the subsequent analysis at all. Also note that Wall Street has habitually overestimated the price target for MU stock historically, and often by a wide margin. For instance, between 2022 and mid-2025, the actual stock price largely traded around or below the $100 level, and the price target exceeded...

股神的光环效应是哈撒韦公司持续投资成功的重要元素，但对投资人而言也是投资人格独立的拦路虎。 5月2日，本年度伯克希尔·哈撒韦股东大会在美国奥马哈召开，公司首席执行官阿贝尔等亮相。 这是去年阿贝尔接棒后的首次年度股东会，也是一场巴菲特不在主席台但依然成为灵魂人物的盛宴，全球慕名而来者依然聚焦“股神”的最新思考。 从这一点看，哈撒韦公司依然与巴菲特捆绑在一起，刻着巴菲特的基因。对哈撒韦公司来说，褪去巴菲特光环，摆脱“股神”崇拜，才算是真正的独立。 “股神”巴菲特是哈撒韦公司在国际金融市场的一张金字招牌，长期主义与价值投资是其简约、精致而便于传播的叙事结构，但很少有人先于“股神”巴菲特了解哈撒韦这家公司，不少人也并不清楚哈撒韦公司是一家以保险为立业之基的公司。 同样，投资者愿意与哈撒韦公司建立信任关系，不单是基于这家公司的保险本业，更多是基于其长期以来令人惊叹的成功投资。这一方面触发市场对保险姓“保”与姓“投”等商业运营模式的长期争议，一度让投资连接险、万能险等成为保险公司热衷的业务；另一方面也触发慕名效仿者盲人摸象般的汲取，由于保险资金久期特征，国内很多企业一度热衷于争抢保险牌照，人寿保险公司竞相涌现，还有的慕名者用价值投资、长期主义等诠释各自的投资哲学，在不同的市场试错。 然而，哈撒韦公司的成功投资业绩，恐怕是不可复制的。这是由哈撒韦公司的独特性所决定的。最为显见的独特性，是哈撒韦公司以保险立业，让其拥有了其他投资公司很少能满足的长周期资金，这让巴菲特拥有可以践行长期主义的资本；同时巴菲特在市场中的光环效应，让“股神”投资组合成为了资本市场的现象级存在，巴菲特资产组合成为了价值投资的代名词；吸引人的还有价值投资信念，以及市场贪婪时选择恐惧、市场恐惧时选择贪婪的择时择机观等。很少有公司能集齐所有元素。 这不仅考验众多“股神”膜拜者和效仿者，也考验着哈撒韦公司本身。因为不论是价值投资、长期主义，还是择时择机的逆向思维，都很难量化定义，都与运气和时间函数有着千丝万缕的联系，都可以归属于幸存者偏差。 巴菲特作为一代投资宗师，其长期的亮丽业绩诠释了成功投资的要义。慕名者对巴菲特真正的尊重，就是做好自己，摒弃个人崇拜，警惕用名人名言的只言片语进行无所畏惧的试错。巴菲特和哈撒韦公司的成功，如果可以挖掘出一个成功的密码，那就是独立判断和思辨能力，做好自己而非效仿别人。 为此，学会忘记...

Embecta ( EMBC ) declares $0.01/share quarterly dividend , -93.3% decrease from prior dividend of $0.15. Forward yield 0.43% Payable June 15; for shareholders of record May 28; ex-div May 28. The company cut its quarterly dividend by 93.3% after paying a quarterly dividend of $0.15 in each of the previous 15 quarters. See EMBC Dividend Scorecard, Yield Chart, & Dividend Growth. More on Embecta Embecta: An Interesting Deal At An Interesting Time Embecta Corp. 2026 Q1 - Results - Earnings Call Presentation Embecta Corp. (EMBC) Q1 2026 Earnings Call Transcript Embecta to buy Owen Mumford for up to £150M Top 10 healthcare stocks with highest dividend yield amid volatile markets

According to its SEC filing dated May 4, 2026, Matthews International Capital Management LLC purchased 242,785 additional shares of Yum China (NYSE:YUMC) in the first quarter. The estimated value of this activity is $12.57 million, calculated using the average unadjusted closing price for the quarter. The fund’s position in Yum China was valued at $27.07 million at quarter-end, a $12.17 million increase from the previous filing, reflecting both trading and price movement. Yum China has over 12,000 locations and a workforce of approximately 140,000 employees. Continue reading

(RTTNews) - Expeditors International of Washington, Inc. (EXPD), on Tuesday reported higher income in the first quarter of 2026 compared with the previous year, supported by strong execution during a period of disruption, with the company leveraging its non-asset-based model to g

专题：聚焦美股2026年第一季度财报 美国军用造船巨头 亨廷顿英格尔斯 周二公布一季度业绩，受通胀高企、全球贸易波动带来的 成本上涨 冲击，公司 营业利润率 出现下滑。 公司盘前股价下跌近 3%。 美国对主要贸易伙伴加征关税，加剧了整体市场不确定性，进一步拖累 国防等各行业全球供应链 承压。 尽管受中国海军实力崛起及全球地缘紧张局势升温影响，美国对潜艇、航空母舰的采购需求强劲，但 持续攀升的成本压力 仍对这家造船企业形成拖累。 截至 3 月 31 日的一季度： 旗下纽波特纽斯造船业务销售额同比增长 19.3%，至 16.7 亿美元 ；但该板块营业利润率下滑 80 个基点，降至 5.3% 。 公司整体 产品销售成本 上涨 20%，达 17.4 亿美元 。 亨廷顿一季度 每股利润 持平，维持 3.79 美元；整体营业利润率从去年的 5.9% 回落至 5% 。 据伦敦证券交易所集团汇总数据，公司季度总营收达 31 亿美元 ，高于华尔街预期的 30.2 亿美元。 责任编辑：郭明煜

Intel Stock Soars As AI Turnaround Story Gains Momentum timothysykes.com

Micron (MU) Stock Draws Four-Digit Targets As AI Mania Builds timothysykes.com

Ecuador hired banks to arrange an investor call for what could be its second international bond sale of the year. The South American nation contracted BofA Securities and Citigroup to arrange a call on Tuesday as it looks to offer more of the notes due in 2034 and 2039 that were first sold in January. The information comes from a person familiar with the matter, who asked not to be identified because the information isn’t public. The sale of $4 billion of bonds in January marked Ecuador’s return to global markets after restructuring its debt in 2020. Higher oil prices — fueled by the war in Iran — and resulting supply disruptions have supported Ecuador given its status as an oil exporter, while the country has also benefited from close ties to the Trump administration. “The next catalyst is for Ecuador to deliver a stronger fiscal consolidation in 2026, which higher oil prices helps,” Morgan Stanley analysts wrote in a note last month. “Ecuador remains a very positive credit story.” Read More: Bond Buyers Scour Americas to Bet on Nations Close to Trump Ecuador’s dollar bonds have handed investors nearly 5% return so far this year, one of the best performances across emerging markets, according to data compiled on a Bloomberg index.

Krutrim's pivot to cloud after layoffs and limited product updates reflects the economic challenges of building AI models in India.

Krutrim's pivot to cloud after layoffs and limited product updates reflects the economic challenges of building AI models in India.

Nvidia’s recent launch of its Ising AI models, designed to improve the efficiency and accuracy of quantum hardware, and D-Wave Quantum’s plans for its inaugural Investor Day and Qubits Europe user conference, have brought fresh attention to the company’s quantum annealing and emerging gate-model technologies. Together, Nvidia’s renewed push into practical quantum tools and D-Wave’s efforts to showcase real-world customer use cases have sharpened investor focus on how the company might...

UK chancellor said to have told US treasury secretary she did not like his tone during meeting in Washington in April UK politics live – latest updates Middle East crisis – live updates Rachel Reeves had an angry exchange with her US counterpart, Scott Bessent, in Washington last month over the war in Iran, sources have said, in the latest sign of the deepening tensions between the two countries. The chancellor and the US treasury secretary argued in person during the spring meetings of the International Monetary Fund, according to people briefed on the exchange, confirming a story first reported by the Financial Times. Continue reading...

KKR & Co. still sees a compelling environment for private credit despite investors’ jitters around the potential impact of artificial intelligence on software companies. “We have a number of institutional investors calling us up right now wondering, because of the pullback we are seeing across the private wealth space for private credit, for direct lending, is now a good time to be entering?” Chief Financial Officer Rob Lewin said in an interview Tuesday on Bloomberg Television. “We think it is.” Capital has come out of the direct lending business, and spreads have widened, he said. That has set up institutional investors for a compelling entry point, he added, noting that the alternative asset manager had one of its best fundraising quarters for credit. Private credit has faced a reckoning in recent months, after high-profile defaults and sell-offs in software stocks. Clients of business development companies, a type of private credit fund for retail investors, attempted to redeem en masse, spurring some asset managers to cap redemptions. KKR’s base case is that defaults in private credit will increase “a little bit” because a lot of capital came in very quickly, Lewin said. “We still view this as a compelling asset class,” he said. The firm’s retail business has been growing, Lewin said. All seven products had net inflows in the quarter, raising $4 billion against $250 million of redemptions, he said. The New York-based firm hasn’t seen a pullback from Middle East investors, which make up about 6% of KKR’s limited partner base, despite the Iran war, Lewin said. KKR, which now oversees about $758 billion, reported first-quarter earnings that beat Wall Street expectations as it reported a faster pace of deal exits.

Getty Images I downgrade the rating on Tesla ( TSLA ) stock to a Hold from a Buy as it enters a high-risk financial Valley-of-Death. The large $25 billion+ CapEx cycle needed for the Terafab silicon facility, Cortex compute clusters, and Optimus scale-up will drive FCF negative in H2-FY2026, in my opinion. More so, Q1-FY2026’s 19.2% auto margins are masking possible tariff cliffs and a multi-billion-dollar unmodeled liability to retrofit millions of legacy HW3 vehicles for Unsupervised FSD. However, this near-term capital burn funds a big shift into a physical AI, robotics, and semiconductor single-seller configuration backed by SpaceX/xAI compute synergies. The main risks to this thesis include the systemic leakage of high-margin AGI value to Elon Musk’s private entities and hyperscale capital exhaustion. In my last article, the thesis was focused on Tesla's high-stakes shift from a legacy automaker into a vertically integrated physical AI utility. I argued that by cannibalizing its Model S/X production to fund a large $20 billion CapEx cycle for Optimus robots, Cybercabs, and its own silicon (Terafab), Tesla targets a disruptive Energy-Compute-Labor loop. In this system, internal energy infrastructure subsidizes AI compute to theoretically demonetize physical labor. However, this shift risks a high Hardware-AI Capital Intensity Trap that is threatening near-term margins and creating a revenue vacuum before the 2026 Cybercab rollout. As per that thesis, Tesla’s premium valuation depends mostly on smoothly executing this large venture-scale shift. Seeking Alpha Now, I recommend holding TSLA stock and allowing the possible Q2-FY2026 margin and cash-flow shock to flush out retail premiums before reinitiating long-term accumulation targeting an estimated/derived fair value of $950.96. What Can Scale Up Tesla Stock Forward Price? I do not follow the standard Wall Street framework that models Tesla as an EV manufacturer shifting to software. To answer Why? Because this m...

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格隆汇5月5日｜电商平台Shopify公布，第一季度营收为31.7亿美元，高于分析师预期的30.8亿美元；调整后每股收益0.36，亦超过分析师预期的0.33美元。期内商品交易总额(GMV)达到1007亿美元，同比增长34.8%。

财联社5月5日讯（编辑 马兰） 自去年7月突破5%的关键水平后，30年期美国国债收益率再次冲上5%，表明美国市场又一次陷入债务压力的严重担忧之中。 交易员正密切关注该收益率是否可能进一步上涨。过去三年中，30年期美债收益率曾四次接近或突破5%，每次出现这种情况，股市都会遭受短期冲击，随后随着收益率回落而反弹。 2023年10月，由于投资者预期美联储将维持高利率政策更长时间、美国国债供应量巨大以及拍卖需求疲软，30年期国债收益率升至5.15%，标普500指数随后下跌约6%。直到之后通胀数据走低以及美联储政策转向推动美债收益率回落，股市随之反弹。 而这一次美债收益率上涨的直接原因与美伊冲突有关，由于停火协议面临随时破碎的风险，市场已开始为油价冲击进行准备。此外，美国通胀担忧持续存在、国债供应量巨大，以及美联储领导层换届也是导致美债收益率上涨的主要原因。 如果30年期国债收益率持续攀升至5%以上，那么压力可能不仅限于债券市场，还会蔓延至房地产、小盘股、高估值成长股以及其他任何依赖长期资金保持低成本的领域。 华尔街解读 贝莱德投资研究所全球投资组合研究主管Vivek Paul对媒体表示，债券价格重新定价，因为市场预期利率将维持在高位更长时间，或者降息次数不会那么多，他认为这是合理的推断。 贝莱德投资研究所已减持美国国债多头头寸，认为能源冲击和现有不利因素将推高期限溢价。期限溢价指的是投资者持有长期债券而非在同一时期内滚动一系列短期债券所要求的额外收益。 Allspring固定收益高级投资组合经理Henrietta Pacquement指出，如果能源供应进一步中断，例如中东石油基础设施遭受破坏，收益率可能会突破近期区间。此外，美国人工智能驱动的经济增长也可能引发美联储收紧政策，进而推高收益率。 美债收益率的异动也让周三美国财政部的再融资公告成为市场关注焦点。一年多来，财政部在其公告中一直表示，将“至少在未来几个季度”维持债券发行规模不变，华尔街现在正对这一声明中的每一个字进行仔细分析。 资管公司Brandywine的投资组合经理Jack McIntyre指出，如果措辞从“至少几个季度”改为“几个季度”，市场就会将其解读为当前的发行规模大约还能维持三个季度。 摩根士丹利策略师Martin Tobias团队在一份报告中则写道，近期收益率的上升支持了美国财政部对未来指引保持谨慎立场...

There are countless retail businesses, but only a few can match the scale of Walmart (NASDAQ: WMT) and Costco Wholesale (NASDAQ: COST) . As of market close on May 1, they are the 11th- and 26th-largest companies in the world by market cap, respectively. Both companies have rewarded their investors handsomely over the years and have great growth opportunities ahead. However, one stands out as the better buy right now. I believe it's Walmart, for a few key reasons. Let's take a look. Image source: The Motley Fool. Continue reading

随着中东停火暂且维持，美股期货反弹，油价回落。交易员也押注，强劲的企业业绩将继续推动股市走高。 标普500指数期货上涨0.5%， 纳斯达克 100指数期货上涨0.8%，这两项股指均势将测试新高。盘前交易中，处理器和存储芯片制造商涨幅居前。 AMD 公司将于周二稍晚发布业绩指引，这将为人工智能支出热潮能否持续提供新的线索。 与此同时，债券市场也暂获喘息，布伦特原油价格下跌2.2%，至每桶112美元左右。主要例外是英国，交易员在周一公共假期后返场，追赶全球收益率飙升的走势，推动30年期英国国债收益率升至1998年以来高位。美元则基本持稳。 周二，波斯湾恢复相对平静，前一天美国和伊朗军队曾发生交火，德黑兰还向阿联酋发射导弹和无人机。美国国防部长皮特·海格塞斯对记者表示，美国并不“寻求冲突”。与此同时，旨在化解僵局的外交努力仍在继续，这也令投资者感到安心。 摩根大通 私人银行全球策略师Madison Faller在接受采访时表示：“业绩仍是推动美股上涨的燃料。下一个问题是，业绩强势能否从科技股扩展到更多板块。投资组合不能只靠一个板块支撑整个市场。” 责任编辑：陈钰嘉

Industry-Leading 245TB Micron 6600 ION Data Center SSD Now Shipping The Manila Times

丹麦航运巨头马士基表示，其旗下的一艘商船在美国海军的保护下，成功通过战略要地霍尔木兹海峡。 该公司在一份声明中称，由马士基航运有限公司旗下Farrell Lines运营、悬挂美国国旗的“联盟费尔法克斯”号船舶已于周一顺利完成航行，所有船员均安全无恙。 马士基表示，自2月28日美国及以色列领导的针对伊朗的战争爆发以来，该船一直被困在海上。 此次航行正值美国海军试图落实唐纳德·特朗普总统的“自由计划”倡议之际，该计划旨在解救因伊朗封锁海峡（连接波斯湾和阿曼湾的狭窄水道）而受困的船只。 通常情况下，全球约20%的石油和天然气经过霍尔木兹海峡运输，但自战争爆发以来，航运几乎完全停滞。 美国中央司令部周一通过社交媒体表示，两艘悬挂美国国旗的商船已成功通过霍尔木兹海峡，并补充说美国海军的导弹驱逐舰目前正在该地区执行任务。 在伊朗动用无人机和导弹袭击阿联酋，而美国表示已在该海峡击沉伊朗船只后，美国与伊朗之间脆弱的停火协议在周二似乎濒临破裂。 特朗普周一在接受采访时警告称，如果伊朗袭击为通过海峡的商业交通提供护航的美国船只，伊朗将被“从地球表面抹去”。 伊朗外交部长阿巴斯·阿拉格齐在社交媒体上发文表示，海峡最近发生的事件“表明，一场政治危机没有军事解决方案”。 他补充道：“在巴基斯坦的善意努力下谈判正在取得进展之际，美国应警惕被别有用心者拖回泥潭。阿联酋也应如此。‘自由计划’就是‘僵局计划’。” 马士基被广泛视为全球贸易的风向标，该公司定于周四公布其第一季度财报。 责任编辑：张俊 SF065

AmeraMex International ( AMMX ) announced on Tuesday that it received new equipment orders worth $900K, giving the company a strong start to May. The orders are for CMI-300 mulching machines used in forestry and land-clearing projects, adding to the company’s growing equipment sales business. Since joining the CMI dealer network, the company has sold six CMI machines, including the latest orders, and placed one unit on a long-term rental agreement. The stock is trading 5.79% higher at $0.17. Source: Press Release More on AmeraMex International AmeraMex International GAAP EPS of $0.07, revenue of $14M Financial information for AmeraMex International

以色列国防军5日说，前一天在加沙地带打死巴勒斯坦伊斯兰抵抗运动（哈马斯）“努赫巴”部队的指挥官阿纳斯·穆罕默德·易卜拉欣·哈米德。 以军说，哈米德对在加沙地带作战的以军部队“构成迫在眉睫的威胁”，在以军一次空中打击中身亡。以军称，哈米德曾参与哈马斯于2023年10月7日对以色列发动的突袭。(新华社)

Compassionate Eye Foundation/Jonathan Bielaski/DigitalVision via Getty Images After the bell on Monday, we received first-quarter results from Palantir Technologies Inc. ( PLTR ). The company has had one of the best revenue growth stories in the market in recent years, and the numbers here just continue to impress. We are also finally seeing the company start to generate some decent profits and cash flow, too, setting things up nicely for the future. Previous coverage of the name It was back in early February that I last covered Palantir, detailing how investors should consider buying the pullback . Despite strong Q4 2025 results and very nice 2026 guidance, the stock took a bit of a hit on valuation concerns. Since that time, though, gains have returned, with the stock's 12.3% rally to Monday's close being more than double the 5.9% increase seen in the S&P 500 ( SP500 ) over that time. The Q1 earnings report Palantir reported revenues of more than $1.632 billion for the quarter. This number was the 11th straight beat of analyst revenue estimates, this time by about $90 million. The Q1 2026 figure showed accelerating growth to 85% year over year, as seen in the chart below, and was primarily driven by U.S. commercial revenue growth of 133% over Q1 2025. Palantir Revenue Growth (Company Earnings Reports) With revenues really soaring now, profitability has started to scale at a decent clip. Operating income in the quarter was nearly $754 million as compared to $176 million in the prior year period. Thanks to a positive swing in other income items, the bottom line saw even more dramatic growth. Net income attributable to common shareholders was over $870 million, more than four times the $214 million seen a year earlier. In terms of deals closed during the quarter, some of the numbers were down on a sequential basis but accelerated from the year-ago period. For instance, 47 deals of at least $10 million were closed in Q1 2026, down from 61 in Q4 2025, but up nicely fro...

Compassionate Eye Foundation/Jonathan Bielaski/DigitalVision via Getty Images After the bell on Monday, we received first-quarter results from Palantir Technologies Inc. ( PLTR ). The company has had one of the best revenue growth stories in the market in recent years, and the numbers here just continue to impress. We are also finally seeing the company start to generate some decent profits and cash flow, too, setting things up nicely for the future. Previous coverage of the name It was back in early February that I last covered Palantir, detailing how investors should consider buying the pullback . Despite strong Q4 2025 results and very nice 2026 guidance, the stock took a bit of a hit on valuation concerns. Since that time, though, gains have returned, with the stock's 12.3% rally to Monday's close being more than double the 5.9% increase seen in the S&P 500 ( SP500 ) over that time. The Q1 earnings report Palantir reported revenues of more than $1.632 billion for the quarter. This number was the 11th straight beat of analyst revenue estimates, this time by about $90 million. The Q1 2026 figure showed accelerating growth to 85% year over year, as seen in the chart below, and was primarily driven by U.S. commercial revenue growth of 133% over Q1 2025. Palantir Revenue Growth (Company Earnings Reports) With revenues really soaring now, profitability has started to scale at a decent clip. Operating income in the quarter was nearly $754 million as compared to $176 million in the prior year period. Thanks to a positive swing in other income items, the bottom line saw even more dramatic growth. Net income attributable to common shareholders was over $870 million, more than four times the $214 million seen a year earlier. In terms of deals closed during the quarter, some of the numbers were down on a sequential basis but accelerated from the year-ago period. For instance, 47 deals of at least $10 million were closed in Q1 2026, down from 61 in Q4 2025, but up nicely fro...