tang90246/iStock Editorial via Getty Images Investment Thesis I am long on Apple Inc. ( AAPL ). But I have an obvious and important question about Apple's investment case for the future: where is the AI story? At the time I am writing this, Apple’s conference call has not started yet, so I expect more details to come from management, especially on guidance, iPhone 17 demand, Services, margins, Chi...
tang90246/iStock Editorial via Getty Images Investment Thesis I am long on Apple Inc. ( AAPL ). But I have an obvious and important question about Apple's investment case for the future: where is the AI story? At the time I am writing this, Apple’s conference call has not started yet, so I expect more details to come from management, especially on guidance, iPhone 17 demand, Services, margins, China, and hopefully AI. In terms of immediate market response, the stock price declined by approximately 1 percent in after hours trading. This is certainly not a collapse. However, it indicates that investors were not willing to buy the headline fiscal Q2 beat without asking harder questions. Yahoo Frankly, I think this market reaction makes sense. For me, the three reasons this quarter matters are simple: stronger-than-expected iPhone 17 demand, a Services business that is becoming Apple’s real profit engine, and the unresolved AI/Siri question that could define the next re-rating. In many ways today was the quintessential strong fiscal Q2 2026 quarterly report from Apple. Apple beat headline revenue and [EPS] expectations, while iPhone revenue was broadly in line with consensus and still showed very strong year-over-year growth. On paper, today’s results were everything an investor could want out of a quarterly reporting period. However, Apple will never be evaluated purely on a single quarter. Instead the larger discussion about Apple is whether the company remains merely a mature, iPhone and buy-back driven entity or is there another growth phase on the horizon? While I believe the market may be moving too quickly toward putting Apple in the former category, the iPhone 17 appears to be developing more strongly than had been anticipated, services continue to grow at a pace consistent with other companies within this space and Apple continues to control one of the largest and most valuable consumer ecosystems globally. This is significant. As such, if Apple can make AI par...
There are certain stocks that many investors hold on to forever -- or at least hold on to some shares. They may sell some shares to cash out, but they typically come back to add shares on a dip, because the stock displays such dominance in its marketplace that it will keep charging higher over the long run. One of the most preeminent forever stocks is Apple (NASDAQ: AAPL) . If you look at its retu...
There are certain stocks that many investors hold on to forever -- or at least hold on to some shares. They may sell some shares to cash out, but they typically come back to add shares on a dip, because the stock displays such dominance in its marketplace that it will keep charging higher over the long run. One of the most preeminent forever stocks is Apple (NASDAQ: AAPL) . If you look at its returns over time, it has made millionaires out of patient investors. Image source: Getty Images. Continue reading
Being a club's record signing brings with it pressure, but Jorgen Strand Larsen puts a difficult start behind him with a goal that could be crucial in Crystal Palace's pursuit of a first major European trophy.
Being a club's record signing brings with it pressure, but Jorgen Strand Larsen puts a difficult start behind him with a goal that could be crucial in Crystal Palace's pursuit of a first major European trophy.
patty_c/iStock Unreleased via Getty Images We’re at a strange crossroads in the stock market as we move through the Q1 earnings season. For the most part, we’re getting mixed messages on a tough economy and mixed earnings results against the backdrop of unresolved uncertainty in the Middle East. At the same time, the S&P 500 sits at record highs . My strategy for this market is to chase value rath...
patty_c/iStock Unreleased via Getty Images We’re at a strange crossroads in the stock market as we move through the Q1 earnings season. For the most part, we’re getting mixed messages on a tough economy and mixed earnings results against the backdrop of unresolved uncertainty in the Middle East. At the same time, the S&P 500 sits at record highs . My strategy for this market is to chase value rather than momentum and buy decliners that have earnings growth potential. Wayfair ( W ), the online furniture retailer, is looking particularly more compelling after a 10% post-Q1 earnings decline, extending a 35% correction since January: Data by YCharts I last wrote a "Neutral" article on Wayfair in February, when the stock was hovering near $80 per share. Since then, a number of tailwinds have moved in Wayfair’s direction. First and most obviously, the stock has corrected by ~20%, making its valuation multiples more appealing. Second, growth trends have remained more or less stable - and yet that’s an impressive achievement against a tighter macroeconomy where most retail peers have reported weaker spending. With both of these factors in mind, my confidence in Wayfair’s prospects has risen, and I’m boosting my rating on the stock to a "Buy." At current share prices, I see a more compelling bull thesis for Wayfair, which consists of the following: Wayfair is achieving market share gains in a tough climate. The company’s mid-single-digit revenue growth contrasts against what the company has cited to be low single-digit declines for the furniture industry. Broad set of brands at multiple price points. The company has higher-end labels like Perigold, while its everyday value-oriented Wayfair caters to the lower and middle segments of the furniture market. This breadth of choice may be helping Wayfair to retain and grow share in a tough macro. Reducing ad spending. Wayfair doesn’t have a “growth at all costs” mentality. Amid the tougher macro, the company has reduced ad spendin...
Bitcoin (CRYPTO:BTC) edged higher by 0.96% to $76,480.00 today while Ethereum (CRYPTO:ETH) added 0.59% to $2,265.76 and Solana (CRYPTO:SOL) inched up 0.11% to $83.12. Prices as of at 4.00 p.m. Eastern time.
Bitcoin (CRYPTO:BTC) edged higher by 0.96% to $76,480.00 today while Ethereum (CRYPTO:ETH) added 0.59% to $2,265.76 and Solana (CRYPTO:SOL) inched up 0.11% to $83.12. Prices as of at 4.00 p.m. Eastern time.
Earnings Call Insights: TriNet Group, Inc. (TNET) Q1 2026 Management View "I'm pleased with our start to 2026." (President, CEO & Director Michael Simonds) "Our strong first quarter adjusted earnings per share up 25% over prior year reflect our disciplined approach to both repricing health fees and managing our expenses." "Health fee repricing over the last year created a headwind for new sales an...
Earnings Call Insights: TriNet Group, Inc. (TNET) Q1 2026 Management View "I'm pleased with our start to 2026." (President, CEO & Director Michael Simonds) "Our strong first quarter adjusted earnings per share up 25% over prior year reflect our disciplined approach to both repricing health fees and managing our expenses." "Health fee repricing over the last year created a headwind for new sales and retention, including our January 2026 renewal, where attrition was about 2 points worse than prior year." (President, CEO & Director Simonds) "Despite the impact of our January repricing, we expect overall 2026 retention to be better than full year 2025." "New sales grew modestly year-over-year in the first quarter." (President, CEO & Director Simonds) "For sales opportunities in the post proposal stage, we saw the time to close extend by about 15%." "During the quarter, we completed the acquisition of Cocoon, an industry-leading employee leave management application aligned with our compliance-first approach." (President, CEO & Director Simonds) "Cocoon should integrate seamlessly into our platform and address a significant customer pain point." "Next, we announced partnerships powering TriNet Global and TriNet IT." (President, CEO & Director Simonds) "TriNet Global powered through our partnership with Multiplier" and "TriNet IT powered through our partnership with Electric AI" were positioned as expansions to the offering. "This March, we launched TriNet Assistant, an AI tool giving our customers and colleagues access to our HR expertise whenever and wherever needed." (President, CEO & Director Simonds) "Between March 31 and April 16, inbound volumes typically increase on average by 12%." "Total revenues were $1.2 billion, declining 5% year-over-year in the first quarter as expected." (Executive VP & CFO Mala Murthy) "We finished the quarter with approximately 299,000 total WSEs, down 12% year-over-year." Outlook "We are reiterating our full year guidance." (Executive V...
Perimeter Solutions ( PRM ) has secured a fixed-price IDIQ contract worth up to ~$500M to supply aqueous film-forming foam, used in firefighting operations. It is a 5-year contract with no extension options. The order period is expected to end on April 29, 2031. The foam will be supplied to key U.S. defense users, including the Army, Navy, and Coast Guard. Funding will come from FY2026–FY2031 defe...
Perimeter Solutions ( PRM ) has secured a fixed-price IDIQ contract worth up to ~$500M to supply aqueous film-forming foam, used in firefighting operations. It is a 5-year contract with no extension options. The order period is expected to end on April 29, 2031. The foam will be supplied to key U.S. defense users, including the Army, Navy, and Coast Guard. Funding will come from FY2026–FY2031 defense working capital funds, while the contract is being managed by the Defense Logistics Agency. More on Perimeter Solutions Perimeter Solutions: I'm Betting On One Hot Summer Perimeter Solutions: Appealing Business, Complicated Finances Perimeter Solutions, Inc. 2025 Q4 - Results - Earnings Call Presentation Perimeter Solutions outlines MMT integration and signals improved earnings power with $652.9M revenue in 2025 Perimeter Solutions Non-GAAP EPS of $0.13 beats by $0.01, revenue of $102.8M beats by $8.75M
(RTTNews) - Atlassian Corporation (TEAM) on Thursday reported first-quarter results with losses widening from last year, despite strong revenue growth.
(RTTNews) - Atlassian Corporation (TEAM) on Thursday reported first-quarter results with losses widening from last year, despite strong revenue growth.
Apple (AAPL) delivered earnings and revenue surprises of +4.88% and +1.56%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Apple (AAPL) delivered earnings and revenue surprises of +4.88% and +1.56%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Meta Platforms Inc．发行250亿美元投资级债券，为六个月内第二次推出超大规模债券发行，与此同时，投资者开始显现疲态。 此次债券发行分为六个部分，其中几乎所有品种的定价风险溢价都高于Meta 10月份的发行水平，表明投资者要求更高回报才愿意购买这家Facebook母公司的债券。投资者对该公司债券的认购峰值为960亿美元，低于此前那笔300亿美元债券发行时约1250亿美元的认购规模。...
Earnings Call Insights: ACRES Commercial Realty Corp. (ACR) Q1 2026 Management View "As part of that strategy, this quarter, we sold another of our real estate investments and realized a $3.3 million GAAP and EAD gain." (President, CEO & Director Mark Fogel) "We deployed the proceeds from sales back into our loan book, originating high-quality loans and this quarter closed on our new CRE securitiz...
Earnings Call Insights: ACRES Commercial Realty Corp. (ACR) Q1 2026 Management View "As part of that strategy, this quarter, we sold another of our real estate investments and realized a $3.3 million GAAP and EAD gain." (President, CEO & Director Mark Fogel) "We deployed the proceeds from sales back into our loan book, originating high-quality loans and this quarter closed on our new CRE securitization." (President, CEO & Director Fogel) "ACRES 2026-FL4 is a $1 billion CRE securitization that has leverage of 86.5% at SOFR plus 1.68%, and includes a 30-month reinvestment period." (President, CEO & Director Fogel) "We completed the ramp-up period investments during the first quarter of 2026, and we'll see the full run rate benefit of the transaction in the second quarter." (President, CEO & Director Fogel) "In the first quarter of 2026, we closed new commitments of $495.6 million... producing a net increase to the loan portfolio of $374.4 million." (President, CEO & Director Fogel) "We have increased the loan portfolio to $2.2 billion and 60 investments as of March 31, and the spread is now 3.29% over 1-month term SOFR rates." (President, CEO & Director Fogel) "GAAP net loss allocable to common shares in the first quarter was $1 million or $0.16 per share." (CFO & Senior VP Eldron Blackwell) "GAAP net loss for the quarter included $9.3 million in net interest income... primarily driven by the ramp-up period of our new CRE securitization, combined with lower fee recognition from loan payoffs." (CFO Blackwell) "I'm thrilled to announce the internalization combination of these two companies." (Chairman of ACR Andrew Fentress) "Post the merger, the ACRES employees and board members will be the largest shareholders in the company with over a 40% interest." (Chairman Fentress) "Management will remain in place." (Chairman Fentress) Outlook "The expectation is that this will be obviously an item in our Annual Shareholder Meeting... scheduled for June 23 -- excuse me, June 22....
The consumer tech giant Apple (NASDAQ: AAPL) reported earnings for its 2026 second fiscal quarter after the market closed on April 30. Earnings per share of $2.01 beat Wall Street consensus estimates by $0.06, while revenue of over $111 billion beat estimates by over $1.5 billion. Shares were nearly 4% higher in after-hours trading, as of 6:23 p.m. ET. Apple beat estimates across most of its key p...
The consumer tech giant Apple (NASDAQ: AAPL) reported earnings for its 2026 second fiscal quarter after the market closed on April 30. Earnings per share of $2.01 beat Wall Street consensus estimates by $0.06, while revenue of over $111 billion beat estimates by over $1.5 billion. Shares were nearly 4% higher in after-hours trading, as of 6:23 p.m. ET. Apple beat estimates across most of its key performance indicators, though it missed one big one. Revenue for the iPhone, Apple's flagship product, came in at nearly $57 billion, slightly below estimates. Continue reading