NongAsimo The State Street Real Estate Select Sector SPDR ETF ( XLRE ) closed at 44.39, down -0.02% on the day. The ETF has shown a 10.01% price return YTD, outperforming the S&P 500 ( SP500 ), which has a YTD price return of 5.31%. XLRE carries a risk grade of D+ with a short interest of 3.48% as a percentage of shares outstanding. Short interest in micro-cap ($300M) and small-cap ($300M-$2B) rea...
NongAsimo The State Street Real Estate Select Sector SPDR ETF ( XLRE ) closed at 44.39, down -0.02% on the day. The ETF has shown a 10.01% price return YTD, outperforming the S&P 500 ( SP500 ), which has a YTD price return of 5.31%. XLRE carries a risk grade of D+ with a short interest of 3.48% as a percentage of shares outstanding. Short interest in micro-cap ($300M) and small-cap ($300M-$2B) real estate and mortgage REITs shows notable divergence, with some stocks seeing high SI while others have relatively low levels. Here’s a breakdown of the most and least shorted stocks in the real estate and mortgage REIT sectors: Top 5 most shorted real estate and mortgage REITs as of April: La Rosa Holdings ( LRHC ); Short Interest: 48.18% Arbor Realty Trust ( ABR ); Short Interest: 23.79% New Concept Energy ( GBR ); Short Interest: 19.44% JBG SMITH Properties ( JBGS ); Short Interest: 16.64% Presidio Property Trust ( SQFT ); Short Interest: 15.05% Top 5 least shorted real estate and mortgage REITs as of April: Sachem Capital ( SACH ); Short Interest: 0.53% Granite Point Mortgage Trust ( GPMT ); Short Interest: 0.53% Strawberry Fields ( STRW ); Short Interest: 0.55% Ohmyhome ( OMH ); Short Interest: 0.57% Five Point ( FPH ); Short Interest: 0.59% This week, mortgage rates have risen following three consecutive weeks of decline. According to the latest Freddie Mac Primary Mortgage Survey, 30-year fixed-rate mortgages averaged 6.30% as of April 30, up from 6.23% last week but still lower than the year-ago level of 6.76%, reported an SA analyst . This slight rise could impact investor sentiment and market positioning in both sectors. As for the analyst sentiment, XLRE has a sell rating from SA analysts with an average rating of 2.00, while the quantitative rating suggests a hold with a 2.69. Here are some other notable XLRE REIT ETFs that investors may want to track: iShares Select US REIT ETF ( ICF ), iShares US Real Estate ETF ( IYR ), iShares Core US REIT ETF ( USRT ), Vang...
Galeanu Mihai/iStock via Getty Images Traders on prediction markets are scaling back bets on a U.S. recession this year as optimism grows that the Iran conflict may be nearing an end. That's on top of strong corporate earnings. Kalshi’s recession market showed an 18.2% chance Friday, dropping to below the 20% threshold after weeks of elevated readings driven in large part by high energy ( USO ) ( ...
Galeanu Mihai/iStock via Getty Images Traders on prediction markets are scaling back bets on a U.S. recession this year as optimism grows that the Iran conflict may be nearing an end. That's on top of strong corporate earnings. Kalshi’s recession market showed an 18.2% chance Friday, dropping to below the 20% threshold after weeks of elevated readings driven in large part by high energy ( USO ) ( BNO ) ( UNG ) prices from the war. The move comes as the stock market ( SPY ) ( VOO ) advanced to a new intraday record high as Wall Street looked to kick off the month of May on an optimistic note, with oil prices retreating after Iran reportedly submitted its response via Pakistani mediators to the latest U.S. amendments to a draft deal to end the Middle East war. In addition, earnings season kept going strong as Apple ( AAPL ) turned in better-than-expected results for fiscal Q2, as the iPhone 17 line continued to impress consumers. Kalshi Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on the U.S. Economy and Markets 3 Market Predictions For May Bears Run Scared After Wednesday Earnings Blowout Median Household Income In March 2026 Stocks rise to fresh record highs as May trading starts with oil falling Inflation approval slump adds policy pressure: BofA
In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNT CHENGDU, CHINA - MARCH 18: Apple CEO Tim Cook attends a special event marking Apple's 50th anniversary at the Apple Taikoo Li Chengdu store on March 18, 2026 in Chengdu, Sichuan Province of China. VCG | Getty Images Apple shares jumped more than 4% on Thursday, headed for the sharpest rally since August, after the iPhone maker re...
In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNT CHENGDU, CHINA - MARCH 18: Apple CEO Tim Cook attends a special event marking Apple's 50th anniversary at the Apple Taikoo Li Chengdu store on March 18, 2026 in Chengdu, Sichuan Province of China. VCG | Getty Images Apple shares jumped more than 4% on Thursday, headed for the sharpest rally since August, after the iPhone maker reported better-than-expected quarterly results and issued revenue guidance for the current period that sailed past analysts' estimates. CEO Tim Cook , who is preparing to step down in September after 15 years at the helm, touted the company's performance in the face of significant supply constraints due largely to the global memory crunch. The company said revenue in the fiscal third quarter, which ends in June, will increase between 14% and 17% from a year earlier, while analysts were projecting growth of 9.5%. Apple is seeing continued demand from the iPhone 17 family, which Cook called the "most popular lineup in our history," as well as for a number of Mac models. In March, Apple released a lower-cost computer called the MacBook Neo, and Cook said late Wednesday that customer response "has just been off the charts, with higher-than-expected demand." Analysts sought clarity from Cook, who said the company would "look at a range of options" to address soaring memory costs, a trend the CEO only sees intensifying. Investors didn't get a lot of answers, but were mostly unconcerned. Read more CNBC tech news Apple CEO Cook warns of extended memory crunch: 'We'll look at a range of options' Japan Airlines to trial humanoid robots at Tokyo's Haneda airport to load baggage Tech stocks post best month since start of Covid pandemic in 2020 Intel's stock more than doubles in April for best month in chipmaker's 55 years on Nasdaq "That does create some risk, but after last night's results, we feel much better about Apple's ability to manage margins" than previously expected, wrote ana...
bymuratdeniz/iStock via Getty Images Overview My last look at NovoCure Limited ( NVCR ) was in February. It came just after the company dropped some bad news. The CMS had revoked the company's billing privileges for its products retroactive to December 17, 2025. It did file a corrective action plan, which was expected to see billing privileges reinstated. So, I didn't think this had much of an imp...
bymuratdeniz/iStock via Getty Images Overview My last look at NovoCure Limited ( NVCR ) was in February. It came just after the company dropped some bad news. The CMS had revoked the company's billing privileges for its products retroactive to December 17, 2025. It did file a corrective action plan, which was expected to see billing privileges reinstated. So, I didn't think this had much of an impact. I also did a discounted cash flow analysis on NovoCure and determined that its valuation implied expectations for 8% CAGR and 8% free cash flow margin. While I've been bearish on NovoCure in the past, since the stock was down 26% since my previous write-up, I thought that the negative reaction to the revocation may have been a bit extreme. I also thought that the company's valuation appeared reasonable. Although I was still a bit cautious about NovoCure's ability to expand its tumor-treating field technology beyond glioblastoma. I upgraded NovoCure stock to Hold, and its stock has since risen over 50%. Data by YCharts Yesterday, specifically, its stock rose 27% following its Q1 2026 earnings report. In the article that follows, I take a closer look to see if recent developments are signs of a turnaround or just a "sigh of relief." Recent Developments To put a bow on the CMS revocation issue, it looks like NovoCure resolved this on February 24 per a press release dated February 26. So, as predicted, the revocation didn't have much impact on NovoCure at all. The same press release also reported NovoCure's fourth quarter and full-year 2025 financial results, in which it recorded $655 million in full-year 2025 revenue and $174 million in fourth-quarter revenue. The net loss for the quarter was $24.5 million, and NovoCure ended the year with $447.7 million in cash and investments. Management guided full-year 2026 for total net revenues between $675 million and $705 million and adjusted EBITDA between negative $20 million and $0 million. In its first quarter 2026 results tha...
3dan3/iStock via Getty Images Since my last Advanced Micro Devices, Inc. ( AMD ) analysis , in which I issued a Buy rating, the stock has gained 75% in price. Since my Strong Buy in May 2025 (which I have owned AMD intermittently from, actually maximizing returns through sentiment positioning), the total uninterrupted long return through buy-and-hold would have been about 250%. Not bad. But now, w...
3dan3/iStock via Getty Images Since my last Advanced Micro Devices, Inc. ( AMD ) analysis , in which I issued a Buy rating, the stock has gained 75% in price. Since my Strong Buy in May 2025 (which I have owned AMD intermittently from, actually maximizing returns through sentiment positioning), the total uninterrupted long return through buy-and-hold would have been about 250%. Not bad. But now, while in 2025 sentiment looked underwhelming and the equity was undervalued, the opposite is true today. AI fervor has taken hold, and investors and traders are all trying to get in on the action. These are Absolutely Monster Dynamics, after all. The greatest investors and traders know when to let the suckers play and the pro goes home. The table is becoming more and more egregious here with rules that don't make any sense. We are in "momentum land." How AMD is valued from here is anyone's guess. The long-term fundamental trajectory is up, but we've likely got at least 1.5 years of growth already priced in here and maybe even 2. Any logical allocator will trim at this juncture, let some momentum run, but not hold semis as core positions. Unless you are playing some other kind of sentiment-momentum game, but that's not what I do. I value trade on fundamentals and sentiment, not one over the other. Better entry points probably lay ahead. Q1 Earnings Preview: Long-Term Fundamental Growth In Sight, But I'm Focused On Valuation Apparently valuation doesn't matter to some investors. They say, "if the company is growing, valuation is irrelevant." It's a strategy that is likely to deliver some terrible losses eventually unless the portfolio is run on statistical price algorithms or exit strategies are genius. I am concerned that if one "rides waves" with no concern of fundamental intrinsic value, then trying to predict a short (downtrend) phase and getting it wrong could be a bit of a disaster. It's a messy strategy to my mind, and I prefer to simply own businesses with strong growt...
3dan3/iStock via Getty Images Since my last Advanced Micro Devices, Inc. ( AMD ) analysis , in which I issued a Buy rating, the stock has gained 75% in price. Since my Strong Buy in May 2025 (which I have owned AMD intermittently from, actually maximizing returns through sentiment positioning), the total uninterrupted long return through buy-and-hold would have been about 250%. Not bad. But now, w...
3dan3/iStock via Getty Images Since my last Advanced Micro Devices, Inc. ( AMD ) analysis , in which I issued a Buy rating, the stock has gained 75% in price. Since my Strong Buy in May 2025 (which I have owned AMD intermittently from, actually maximizing returns through sentiment positioning), the total uninterrupted long return through buy-and-hold would have been about 250%. Not bad. But now, while in 2025 sentiment looked underwhelming and the equity was undervalued, the opposite is true today. AI fervor has taken hold, and investors and traders are all trying to get in on the action. These are Absolutely Monster Dynamics, after all. The greatest investors and traders know when to let the suckers play, and the pro goes home. The table is becoming more and more egregious here with rules that don't make any sense. We are in “momentum land.” How AMD is valued from here is anyone's guess. The long-term fundamental trajectory is up, but we've likely got at least 1.5 years of growth already priced in here and maybe even 2. Any logical allocator will trim at this juncture, let some momentum run, but not hold semis as core positions. Unless you are playing some other kind of sentiment-momentum game, but that's not what I do. I value trade on fundamentals and sentiment, not one over the other. Better entry points probably lie ahead. Q1 Earnings Preview: Long-Term Fundamental Growth In Sight, But I'm Focused On Valuation Apparently, valuation doesn't matter to some investors. They say, “If the company is growing, valuation is irrelevant.” It's a strategy that is likely to deliver some terrible losses eventually unless the portfolio is run on statistical price algorithms or exit strategies are genius. I am concerned that if one “rides waves” with no concern for fundamental intrinsic value, then trying to predict a short (downtrend) phase and getting it wrong could be a bit of a disaster. It's a messy strategy to my mind, and I prefer to simply own businesses with strong gr...
Berkshire Hathaway's ( BRK.B ) ( BRK.A ) new CEO, Greg Abel, will take center stage on Saturday at the investment behemoth's annual meeting after it releases Q1 earnings, as legendary investor Warren Buffett assumes a lower-profile role. Before the meeting, though, investors will get a look at the size of the company's pile of cash. As of Dec. 31, 2025, its cash, cash equivalents, and short-term s...
Berkshire Hathaway's ( BRK.B ) ( BRK.A ) new CEO, Greg Abel, will take center stage on Saturday at the investment behemoth's annual meeting after it releases Q1 earnings, as legendary investor Warren Buffett assumes a lower-profile role. Before the meeting, though, investors will get a look at the size of the company's pile of cash. As of Dec. 31, 2025, its cash, cash equivalents, and short-term securities stood at $373.3B. That could be whittled down slightly after the company resumed stock buybacks in Q1. Investors, too, will be focused on the insurance unit’s Q1 results after the business’s underwriting segment saw a 54% Y/Y drop in operating earnings in Q4, and its insurance investment income fell 25%. The consensus for Berkshire's operating earnings is $11.1B, according to Visible Alpha, compared with $10.2B in Q4. Its insurance operations' premiums earned are expected to be stable. The company has been prioritizing profit rather than market share in the insurance sector. The Visible Alpha consensus for the company's premiums earned is $22.4B, compared with $22.5B in Q4 2025. For GEICO, the consensus for premiums earned is $11.4B, the same as it reported in Q4 2025. (The Q4 2025 numbers were calculated by subtracting nine-month 2025 figures from the full-year results.) “We see BRK as vulnerable to macro uncertainty, near-term earnings pressure at GEICO, Insurance Investment Income, and BNSF, and the emerging management succession risk (which will probably impact investors’ view of Berkshire more than it will actual operations) as Warren Buffett steps back from his role as CEO,” Keefe, Bruyette & Woods analyst Meyer Shields wrote in a note to clients last month. Stockholders will be closely watching the results and how seamlessly Abel takes over from Buffett as CEO. The legendary investor still reigns over the board as its chairman and hasn’t completely stepped back from decision-making. His successor, though, has the final say on investment decisions, as Buffet...
Intel is trading at par. The fact that Intel traded as high as $100.38, 38 cents above the triple-digit level, is remarkable. Intel stock was up 5% in midday trading, above $99 and just off daily highs, while the and were up 0.6% and 0.4%, respectively.
Intel is trading at par. The fact that Intel traded as high as $100.38, 38 cents above the triple-digit level, is remarkable. Intel stock was up 5% in midday trading, above $99 and just off daily highs, while the and were up 0.6% and 0.4%, respectively.
The NEXT 01 JET Edition Car at the Dreame NEXT event during the Silicon Valley Summit at the Palace of Fine Arts on April 29, 2026 in San Francisco, CA. | Photo by Kelsey McClellan / The Verge When I first heard that a vacuum company had released a rocket-powered electric vehicle with physically impossible-sounding performance specs, I immediately thought James Dyson was up to his old tricks again...
The NEXT 01 JET Edition Car at the Dreame NEXT event during the Silicon Valley Summit at the Palace of Fine Arts on April 29, 2026 in San Francisco, CA. | Photo by Kelsey McClellan / The Verge When I first heard that a vacuum company had released a rocket-powered electric vehicle with physically impossible-sounding performance specs, I immediately thought James Dyson was up to his old tricks again. Fortunately, I was wrong. This time the household appliance company trying its hand at super car design is Dreame (pronounced like "dreamy"), a little-known Chinese firm that has grand ambitions to become a global consumer electronics giant. The company held an expo of sorts in San Francisco this week that resulted in a flurry of product announcements. And because we live in an attention economy, and one of the best ways to grab people … Read the full story at The Verge.
Work on the initial public offering of Navoi Mining & Metallurgical Co. has been paused, according to people familiar with the matter, as the Uzbek government weighs the right moment to list one of the world’s largest gold miners. The IPO was expected to take place on the London and Tashkent exchanges. It is not clear when or if work is likely to restart, the people said, asking not to be identifi...
Work on the initial public offering of Navoi Mining & Metallurgical Co. has been paused, according to people familiar with the matter, as the Uzbek government weighs the right moment to list one of the world’s largest gold miners. The IPO was expected to take place on the London and Tashkent exchanges. It is not clear when or if work is likely to restart, the people said, asking not to be identified because the information isn’t public. Uzbekistan, Central Asia’s second-largest economy, has been considering privatization plans through share offerings, including on international markets, for about a year after President Shavkat Mirziyoyev published a decree outlining a dozen companies to be sold in the coming years. NMMC, as the gold miner is also known, was first on the list, but instead the National Investment Fund of the Republic of Uzbekistan, known as UzNIF, started an IPO in London last month, with the deal expected to close next week. Read More: With Russia Off Limits, a Former Soviet Outpost Lures Billions NMMC is strategically important for Uzbekistan. With 3.2 million ounces of output in 2025, it is the world’s fourth-largest producer, just shy of Canada’s Barrick Gold Corp . Revenue rose 46% to $10.8 billion last year, and profit before tax grew 71% to $6.1 billion, according to its annual report . Gold sales make up a major share of the nation’s exports, and the metal accounts for the majority of its international reserves and the central bank is one of the largest buyers of the precious metal. Gold hit a record above $5,500 an ounce in January and prices remain elevated. Officials are concerned the offering could reduce the substantial dividends the miner generates for the state budget, Bloomberg reported in November. A representative for NMMC said the decision to list rests fully with the company’s shareholder and, if taken, will be announced in due course. A representative for the Ministry of Economy and Finance, which oversees Uzbekistan’s privatizati...
Pentair (NYSE: PNR) stock hasn't given investors much to celebrate in 2026, and things aren't turning around this week. Although the water solutions company reported strong first-quarter 2026 financial results on Tuesday, several analysts subsequently tempered their expectations for Pentair stock, motivating investors to click the sell button. According to data provided by S&P Global Market Intell...
Pentair (NYSE: PNR) stock hasn't given investors much to celebrate in 2026, and things aren't turning around this week. Although the water solutions company reported strong first-quarter 2026 financial results on Tuesday, several analysts subsequently tempered their expectations for Pentair stock, motivating investors to click the sell button. According to data provided by S&P Global Market Intelligence , shares of Pentair have fallen 12% from the end of trading last Friday through yesterday's close. Image source: Getty Images. Continue reading
NAHT leader says schools watchdog for England does not raise standards, amid opposition to ‘Nando’s-style’ scoring School leaders are being pressurised “to the point of destruction”, the head of a teaching union has said, as he put the education establishment “on notice”. During a speech to the union’s annual conference in Belfast, Paul Whiteman, the general secretary of the National Association o...
NAHT leader says schools watchdog for England does not raise standards, amid opposition to ‘Nando’s-style’ scoring School leaders are being pressurised “to the point of destruction”, the head of a teaching union has said, as he put the education establishment “on notice”. During a speech to the union’s annual conference in Belfast, Paul Whiteman, the general secretary of the National Association of Head Teachers (NAHT), outlined his criticisms of Ofsted, the schools watchdog for England. . Continue reading...