Trump is scheduled to deliver a rare primetime address on Wednesday night as the Strait of Hormuz remains largely closed, with markets in turmoil and economic growth threatened worldwide. (Source: Bloomberg)
Trump is scheduled to deliver a rare primetime address on Wednesday night as the Strait of Hormuz remains largely closed, with markets in turmoil and economic growth threatened worldwide. (Source: Bloomberg)
Earnings Call Insights: Penguin Solutions (PENG) Q2 fiscal 2026 Management View CEO Kash Shaikh said this was his first earnings call as CEO and that he had “spent significant time with customers, partners and our teams around the world,” adding: “AI is moving from experimentation to production with workloads increasingly shifting towards real-time inference.” Shaikh said the company is “building ...
Earnings Call Insights: Penguin Solutions (PENG) Q2 fiscal 2026 Management View CEO Kash Shaikh said this was his first earnings call as CEO and that he had “spent significant time with customers, partners and our teams around the world,” adding: “AI is moving from experimentation to production with workloads increasingly shifting towards real-time inference.” Shaikh said the company is “building Penguin into an AI factory platform company,” outlining six elements: ClusterWare, “our new Penguin MemoryAI line,” Advanced Computing Systems, OriginAI factory architectures, “end-to-end services,” and “our partner ecosystem.” He added: “Time to deployment is now directly tied to time to first token.” Shaikh highlighted new product announcements from NVIDIA GTC: “the Penguin MemoryAI server” and “the immediate availability of our new MemoryAI KV Cache server,” plus “the expansion of our OriginAI Factory Architecture portfolio.” Shaikh said the company “recently appointed Ian Colle as Senior Vice President and Chief Product Officer,” noting his background “most recently at Amazon Web Services.” Shaikh summarized Q2: “we delivered net sales of $343 million. Non-GAAP gross margin was 31.2%. Non-GAAP diluted earnings per share were $0.52,” and said the company was “raising the midpoint of our full year net sales and EPS outlook.” CFO Nate Olmstead said: “Non-GAAP gross margin came in at 31.2%,” and added, “We currently project lower gross margins in the second half, driven by a higher mix of lower-margin AI hardware and memory sales, rising memory costs in our AI factory solutions and less tariff cost recovery in LED.” Outlook Management raised full-year targets, with CFO Nate Olmstead stating the midpoint “now calls for 12% net sales growth and $2.15 of non-GAAP diluted EPS, up from our previous outlook of 6% net sales growth and $2 of non-GAAP diluted EPS.” Segment ranges shifted notably versus last quarter’s framing, with Olmstead saying: “For Advanced Computing, we now exp...
Tyler Holtman/iStock via Getty Images On December 20th, I initiated coverage of HE with a BUY, which has so far achieved a 33% return. However, I believe that the prospects of the Iran war change the overall scenario of the stock, causing a significant worsening of the company's capital structure, downgrading the target price from the previous US$ 18.95 to US$ 13.95. Furthermore, it is still recom...
Tyler Holtman/iStock via Getty Images On December 20th, I initiated coverage of HE with a BUY, which has so far achieved a 33% return. However, I believe that the prospects of the Iran war change the overall scenario of the stock, causing a significant worsening of the company's capital structure, downgrading the target price from the previous US$ 18.95 to US$ 13.95. Furthermore, it is still recommended to read the previous article if you want to better understand my view on the company, given that the Guidance, Payments, and Hawaii sections remain the same. Company Overview: Hawaiian Electric Industries ( HE ), founded in 1891, is a holding company based in Honolulu, providing electric services to approximately 95% of the state of Hawaii. The company is currently facing serious difficulties following a large-scale wildfire that left the company with a liability of ~$1.91 billion to be paid by 2029 (cash for 2026 already reserved ), in addition to high CAPEX needs for existing grid improvements. The company holds a market cap of 2.53 billion and a value of US$ 14.67 per share. Some of its characteristics are: Seeking Alpha Beta: 0.57 P/E (LTM): US$ 0.76 P/E (FWD): US$ 1.01 Dividend yield (FWD): None EV/EBITDA: 9.3x 52-Week Range: US$ 9.06-US$ 17.38 It is important to emphasize that my thesis, written in December, was based on two main pillars: The market overpriced the risk of a bankruptcy. The company would recover with regulatory help. And although both points have become true, given the recent macroeconomic events, in my opinion, the recovery will be slower than I originally expected, justifying a downgrade of the company to a HOLD at current prices. Sector An important note to have before proceeding with the analysis is that among all sectors, the Utilities Sector is the only one that remains positive in the YTD context. With the S&P 500 showing a drop of -4.65% since the beginning of the year, the Utilities Sector is presenting an appreciation of +6.28%, having...
FIFA has raised prices for over 40 games of the World Cup in its latest sale that kicked off Wednesday, according to an NPR count. The most expensive tickets to the final now cost $10,900. (Image credit: Pool)
FIFA has raised prices for over 40 games of the World Cup in its latest sale that kicked off Wednesday, according to an NPR count. The most expensive tickets to the final now cost $10,900. (Image credit: Pool)
In this article XAU= MANAPPURAM-IN MUTHOOTFIN-IN USB Follow your favorite stocks CREATE FREE ACCOUNT This report is from this week's "Inside India" newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse — Subscribe today Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of " Inside India " — your one-stop dest...
In this article XAU= MANAPPURAM-IN MUTHOOTFIN-IN USB Follow your favorite stocks CREATE FREE ACCOUNT This report is from this week's "Inside India" newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse — Subscribe today Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of " Inside India " — your one-stop destination for stories and developments from the world's fastest growing large economy. Indian markets have been rattled by the Iran war, with foreign investors fleeing and valuations slipping to rare lows. But fund managers tell me that low prices by themselves won't lure investors back. Enjoy! Any thoughts on today's newsletter? Share them with the team. The big story For months, trade tensions with the U.S. were dubbed the biggest overhang on Indian equities. When the two countries agreed on a trade pact in February, foreign investors poured nearly $2.5 billion into Indian stocks. But a month later, the market has completely reversed course. India's benchmark Nifty 50 fell more than 10% in March, as foreign investors sold over $12 billion in equities — the worst monthly sell-off on record . The index now trades at a price-to-earnings ratio of 19.6 times, a level rarely seen over the past decade. The only two occasions in the past ten years when Indian benchmark valuations dipped this low were during the early months of the Covid‑19 outbreak in 2020 and the Russia‑Ukraine war in 2022. So, I asked fund managers whether Indian markets are oversold — and whether these near-historically low valuations could be a good point to invest in the fabled "India growth story." A commuter cross a road in the rain on March 31, 2026 in New Delhi, India. Sanjeev Verma | Hindustan Times | Getty Images Indian economy under stress The escalating conflict in the Middle East has revealed that India "is structurally exposed," Pramod Gubbi, co-founder of portfolio management firm Marcellus Investme...
President is expected to offer a timeline for end of the war, and speak about his threat to withdraw the US from Nato as he faces falling poll numbers and global energy crisis Trump says he is ‘absolutely’ considering withdrawing US from Nato Israel hits Iran with waves of attacks and says it killed top Hezbollah commander Donald Trump is 50 minutes away from delivering his first formal address fr...
President is expected to offer a timeline for end of the war, and speak about his threat to withdraw the US from Nato as he faces falling poll numbers and global energy crisis Trump says he is ‘absolutely’ considering withdrawing US from Nato Israel hits Iran with waves of attacks and says it killed top Hezbollah commander Donald Trump is 50 minutes away from delivering his first formal address from the White House since launching the war in the Middle East a month ago. It comes at a pivotal moment for the US president, as he faces accusations that he has lost control of the conflict and will not be able to achieve the key aims of the war. Continue reading...
"He Ran On No Wars - Now We Have One": Michael Savage Breaks With Trump Over Iran Another notable Trump supporter has come out against the US-Israel war in Iran. In a candid and pointed monologue delivered on his syndicated radio show marking his 84th birthday, longtime conservative voice Michael Savage directly challenged President Donald Trump’s handling of the Iran conflict. Savage, a staunch A...
"He Ran On No Wars - Now We Have One": Michael Savage Breaks With Trump Over Iran Another notable Trump supporter has come out against the US-Israel war in Iran. In a candid and pointed monologue delivered on his syndicated radio show marking his 84th birthday, longtime conservative voice Michael Savage directly challenged President Donald Trump’s handling of the Iran conflict. Savage, a staunch America First advocate, did not mince words: “ He [Trump] has good intentions. He liked to have no war. Now we have a war. He ran on the platform of no wars. And now we have a war. Who is whispering in his ear? ” "That’s not to say Iran is a good nation," Savage continued. " We know the Mullahs are crazy and they live in the 7th century, ” but pushed back strongly against the idea that military escalation is the solution, adding, “but maybe war isn’t the answer .” He warned against the “stop them before it’s too late” mindset, invoking the famous The Godfather reference to the argument for stopping Hitler at Munich - and warning that bombing Iran may have severe unintended consequences . “Do you ever think about that? What is to prevent Russia from finally saying I’m gonna join Iran in this war now? And Russia says they are going [to] send Russian troops into Iran to defend the Iranian soil. What if they do that? Is that stupid to think of? ” Savage also questioned the effectiveness of the strikes: “A year ago they were told their nuclear capacity was completely destroyed. What’s left for them to fight with? Well… Think by bombing them they’re going to stop?” Savage Advice “We appeal to President Trump - as I said for four weeks now - declare victory before it’s too late . But apparently nobody hears me.” “Nobody wanted this war. Everybody wants this war to end as quickly as possible. Anyone with a conscience knows that. Nobody’s buying the big lie. ” On his 84th birthday, Michael Savage come out against the war in Iran pic.twitter.com/mfnJ5osS61 — The_Real_Fly (@The_Real_Fl...
KENNEDY SPACE CENTER, Fla.—Three Americans and one Canadian launched into orbit from Florida's Space Coast on Wednesday, flying the most powerful rocket ridden by humans on the first leg of a nine-day voyage around the Moon. Perched atop the 322-foot-tall (98-meter) Space Launch System rocket, the four astronauts lifted off from NASA's Kennedy Space Center at 6:35 pm EDT (22:35 UTC). Four hydrogen...
KENNEDY SPACE CENTER, Fla.—Three Americans and one Canadian launched into orbit from Florida's Space Coast on Wednesday, flying the most powerful rocket ridden by humans on the first leg of a nine-day voyage around the Moon. Perched atop the 322-foot-tall (98-meter) Space Launch System rocket, the four astronauts lifted off from NASA's Kennedy Space Center at 6:35 pm EDT (22:35 UTC). Four hydrogen-fueled RS-25 engines and two solid rocket boosters flashed to life to push the nearly 6 million-pound rocket from its moorings at Launch Complex 39B. The engines and boosters collectively generated 8.8 million pounds of thrust, outclassing NASA's Saturn V rocket used for Apollo lunar missions. Read full article Comments
Fintel reports that on March 31, 2026, Lake Street initiated coverage of Ceragon Networks (NasdaqGS:CRNT) with a Buy recommendation. Analyst Price Forecast Suggests 124.31% Upside
Fintel reports that on March 31, 2026, Lake Street initiated coverage of Ceragon Networks (NasdaqGS:CRNT) with a Buy recommendation. Analyst Price Forecast Suggests 124.31% Upside
Fintel reports that on March 31, 2026, Loop Capital initiated coverage of Visa (NYSE:V) with a Buy recommendation. Analyst Price Forecast Suggests 35.08% Upside
Fintel reports that on March 31, 2026, Loop Capital initiated coverage of Visa (NYSE:V) with a Buy recommendation. Analyst Price Forecast Suggests 35.08% Upside
Fintel reports that on March 31, 2026, Loop Capital initiated coverage of Toast (NYSE:TOST) with a Hold recommendation. Analyst Price Forecast Suggests 42.99% Upside
Fintel reports that on March 31, 2026, Loop Capital initiated coverage of Toast (NYSE:TOST) with a Hold recommendation. Analyst Price Forecast Suggests 42.99% Upside