(RTTNews) - Initial cues from the U.S. Futures Suggest that Wall Street might open in positive territory on Thursday. The Middle East conflict still overshadows investor sentiments.
(RTTNews) - Initial cues from the U.S. Futures Suggest that Wall Street might open in positive territory on Thursday. The Middle East conflict still overshadows investor sentiments.
Sundry Photography/iStock Editorial via Getty Images Inseego ( INSG ) said on Thursday it will acquire Nokia's ( NOK ) fixed wireless access, or FWA business, to expand its global footprint in wireless broadband. Shares of Inseego ( INSG ) jumped +10% premarket. Under the deal, Nokia will receive about $20M in stock and warrants, which is about a 7% equity stake in Inseego . At the close of the ag...
Sundry Photography/iStock Editorial via Getty Images Inseego ( INSG ) said on Thursday it will acquire Nokia's ( NOK ) fixed wireless access, or FWA business, to expand its global footprint in wireless broadband. Shares of Inseego ( INSG ) jumped +10% premarket. Under the deal, Nokia will receive about $20M in stock and warrants, which is about a 7% equity stake in Inseego . At the close of the agreement, Nokia will make an additional $10M investment, giving it roughly an 11% stake in Inseego. The transaction is expected to double Inseego’s revenue and broaden its portfolio across fixed wireless and mobile connectivity for carriers, enterprises, and consumers. The companies also plan to collaborate on go-to-market and innovation initiatives in 6G and wireless edge technologies, targeting growth opportunities linked to AI-driven networks and services. "It expands our scale, broadens our portfolio, and positions us as a global leader in wireless broadband across consumer and business markets. It creates strong collaboration opportunities with Nokia at the wireless edge, where AI-driven workloads, cloud connectivity, and next-generation networks are increasingly coming together," Inseego said in a statement. The transaction is expected to close in the fourth quarter of 2026. Perella Weinberg Partners was a financial advisor to Nokia. More on Inseego Inseego Corp. (INSG) Q4 2025 Earnings Call Transcript Inseego Corp. 2025 Q4 - Results - Earnings Call Presentation Inseego outlines $190M 2026 revenue target with expanded Tier 1 carrier partnerships and diversified product launches Seeking Alpha’s Quant Rating on Inseego Historical earnings data for Inseego
jetcityimage/iStock Editorial via Getty Images Investment Thesis & Executive Summary There is a huge entry barrier to the defense industry. Therefore, defense giants are not just random companies, but they have already proven themselves as important and indispensable companies. RTX Corporation ( RTX ) produces Patriot and Tomahawk missiles for the Pentagon but also produces planes and engines for ...
jetcityimage/iStock Editorial via Getty Images Investment Thesis & Executive Summary There is a huge entry barrier to the defense industry. Therefore, defense giants are not just random companies, but they have already proven themselves as important and indispensable companies. RTX Corporation ( RTX ) produces Patriot and Tomahawk missiles for the Pentagon but also produces planes and engines for civil aviation. So, RTX is not a pure-defense company like Lockheed Martin ( LMT ). On the other hand, this hybrid structure makes it a mega-company that affects not just the military industry but also the civil industry. However, in the market, this great business model doesn't always mean a great opportunity to invest. Like Warren Buffett said, "Price is what you pay, value is what you get." And in RTX's case, these two points are getting closer. My valuation model's Discounted Cash Flow (DCF) shows us the intrinsic value of RTX as $178.67 in the base case. A WACC of 7.35% and a growth rate of 3.35% are realistic relative to actual macroeconomic data. Even with this data, RTX only gives us a 3.05% upside potential when I apply the DCF method. But when I apply the relative valuation method to find the fair value of RTX, the results are harsh. The values I found are between $110 and $150, which is significantly lower than the current price. As a result, we can say that the market has already priced in the premium for RTX and made RTX relatively more expensive than other defense companies. When I consider these mathematical values, the rating I choose is HOLD. Even though RTX has a huge backlog and strong financials, mathematical calculations show us that the fair value of RTX is close to its current value; we have no margin of safety to give RTX a BUY rating. As a result, investors may wait for a better entry point if they want to invest in RTX. Operational Excellence: The Aftermarket Engine In the aviation industry, maintenance is more important than the first sale. To und...
(RTTNews) - Marcus (MCS) reported a net loss of $15.4 million for the first quarter of fiscal 2026, compared to net loss of $16.8 million, a year ago. Net loss per common share was $0.51, compared to net loss per common share of $0.54. Adjusted EBITDA was $2.6 million, an increas
(RTTNews) - Marcus (MCS) reported a net loss of $15.4 million for the first quarter of fiscal 2026, compared to net loss of $16.8 million, a year ago. Net loss per common share was $0.51, compared to net loss per common share of $0.54. Adjusted EBITDA was $2.6 million, an increas
Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha More on ConocoPhillips ConocoPhillips: A Defensive Play In The Oil Sector, But Unlikely To Beat The Market ConocoPhillips: Iran War To Be A Major Profit Catalyst ConocoPhillips: Regional Con...
Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha More on ConocoPhillips ConocoPhillips: A Defensive Play In The Oil Sector, But Unlikely To Beat The Market ConocoPhillips: Iran War To Be A Major Profit Catalyst ConocoPhillips: Regional Constraints May Impact Long-Term Plan, Growth Remains Ahead ConocoPhillips Non-GAAP EPS of $1.89 beats by $0.20 Navigating the blockade: Phillips 66, Valero, and ConocoPhillips face Q1 test amid global supply shocks
sshepard Union Pacific ( UNP ) and Norfolk Southern ( NSC ) formally resubmitted their merger filing to the Surface Transportation Board on Thursday. The companies noted that the deal would create America's first transcontinental railroad and deliver bigger-than-expected benefits for shippers and consumers. The revised application used full systemwide traffic data from all six North American Class...
sshepard Union Pacific ( UNP ) and Norfolk Southern ( NSC ) formally resubmitted their merger filing to the Surface Transportation Board on Thursday. The companies noted that the deal would create America's first transcontinental railroad and deliver bigger-than-expected benefits for shippers and consumers. The revised application used full systemwide traffic data from all six North American Class I railroads, which they described as the most detailed merger analysis ever submitted in rail history. At the center of the filing was the claim that the combined network would make rail more competitive with long-haul trucking, cut about 2.1 million trucks from the road, and save shippers an estimated $3.5B a year. The railroads argued that those savings could eventually lower consumer prices while also reducing inventory and equipment costs because of faster and more reliable service. The companies said the merger would link eastern and western rail networks with virtually no overlap, remove interchange handoffs that can add 24 to 48 hours to shipments, and create seven new premium intermodal lanes operating seven days a week, up from six in the earlier filing. They also said the combined railroad would preserve access to competitive alternatives and would not meaningfully reduce geographic competition or independent routes. The railroads also addressed the Terminal Railroad Association of St. Louis, saying they will divest or otherwise give up control of the entity as a condition of closing. The transaction still needs approval from the Surface Transportation Board, and the companies said they expect to complete the deal in the first half of 2027. Trucking stocks: Knight-Swift Transportation ( KNX ), USA Truck (USAK), Marten Transport ( MRTN ), ArcBest ( ARCB ), Old Dominion Freight Line ( ODFL ), Werner Enterprises ( WERN ), TFI International ( TFII ), Landstar System ( LSTR ), Schneider National ( SNDR ), J.B. Hunt Transport Services ( JBHT ), and Heartland Express ( ...
The reasons are hardly comforting, pointing to the weakness of a battered economy in the face of this latest crisis • Business live – latest updates • Bank warns ‘higher inflation unavoidable’ after leaving interest rates on hold The message to the UK’s crisis-weary households from the Bank of England is: brace yourself for Trumpflation – and the higher interest rates it may yet take to rein it in...
The reasons are hardly comforting, pointing to the weakness of a battered economy in the face of this latest crisis • Business live – latest updates • Bank warns ‘higher inflation unavoidable’ after leaving interest rates on hold The message to the UK’s crisis-weary households from the Bank of England is: brace yourself for Trumpflation – and the higher interest rates it may yet take to rein it in. Reading the Bank’s quarterly monetary policy report, it is not difficult to understand the fury Rachel Reeves expressed while in Washington this month at the “folly” of the US president’s war on Iran – the impact is expected to hit the UK hard. Continue reading...
Hertz Global Holdings (NYSE: HTZ) and Uber Technologies ( UBER ) said on Thursday they have formed strategic fleet partnerships to support autonomous robotaxi and driver-led operations. Hertz’s affiliate Oro Mobility, will provide fleet management services, including maintenance, charging and logistics, for Uber’s autonomous robotaxi program and driver-led vehicle fleets in key U.S. markets. Robot...
Hertz Global Holdings (NYSE: HTZ) and Uber Technologies ( UBER ) said on Thursday they have formed strategic fleet partnerships to support autonomous robotaxi and driver-led operations. Hertz’s affiliate Oro Mobility, will provide fleet management services, including maintenance, charging and logistics, for Uber’s autonomous robotaxi program and driver-led vehicle fleets in key U.S. markets. Robotaxi services using vehicles equipped with autonomous technology are expected to launch in the San Francisco Bay Area later this year, with potential expansion in 2027. The companies are also expanding driver-led fleet services on Uber’s platform, building on an earlier pilot, with operations underway in Los Angeles and San Francisco and plans to launch in Northern New Jersey. The partnership extends a long-standing rideshare rental collaboration between the two companies and is part of Hertz’s strategy to expand beyond its core car rental business. UBER -0.11% premarket to $74.39 . Source: Press Release More on Uber Uber: The Profit Machine Awakens (Rating Upgrade) Uber: Favorable Ride Pricing Tailwinds For 2026 Underlie A Cheap Ebitda Multiple Uber Is Becoming A Demand Layer For Autonomous Vehicles Uber adds hotel bookings as part of its goal to be the app for everything Supreme Court to hear geofence warrant case Monday in key privacy test
Bank of England Governor Andrew Bailey said inflation is expected to rise to “a little over 3.5% by the end of the year” as a direct consequence of the conflict in the Middle East. He was speaking during a press conference following the central bank’s decision to keep interest rates on hold with several policymakers saying they might consider future hikes.
Bank of England Governor Andrew Bailey said inflation is expected to rise to “a little over 3.5% by the end of the year” as a direct consequence of the conflict in the Middle East. He was speaking during a press conference following the central bank’s decision to keep interest rates on hold with several policymakers saying they might consider future hikes.
JacobH/iStock via Getty Images Shares of Impinj ( PI ) surged about 20% premarket on Thursday after second quarter outlook surpassed analysts' estimates. Impinj provides a cloud connectivity platform that wirelessly connects items such as apparel, medical supplies, and automobile parts using RAIN RFID technology and delivers data about these items to business and consumer applications. Outlook Imp...
JacobH/iStock via Getty Images Shares of Impinj ( PI ) surged about 20% premarket on Thursday after second quarter outlook surpassed analysts' estimates. Impinj provides a cloud connectivity platform that wirelessly connects items such as apparel, medical supplies, and automobile parts using RAIN RFID technology and delivers data about these items to business and consumer applications. Outlook Impinj's CFO Cary Baker said on the earnings call that second quarter revenue is expected between between $103M and $106M (midpoint at $104.5M), compared with revenue of $97.9M in second quarter of 2025, a year-over-year increase of 7% at the midpoint. The consensus revenue estimate is 96.48M. The company expects non-GAAP EPS between $0.77 and $0.82 (midpoint at $0.795) versus consensus EPS estimate of $0.70. Impinj expects adjusted EBITDA between $27.8M and $29.3M for the second quarter. "As we continue driving our bold vision, I remain confident in our market position and energized by the opportunities ahead. But faced with today's unpredictable macro, we're approaching the second half prudently even as we pursue market share, solutions successes and growth," said Co-Founder and CEO Chris Diorio on the call. Q1 Metrics For the first quarter ended March 31, revenue was largely flat year-over-year at $74.3M but beat analysts' estimates. Meanwhile, non-GAAP of $0.14 was in line with estimates. "Our first-quarter results were solid, with revenue and adjusted EBITDA exceeding the top end of our guide range," said Diorio in the earnings release. "Endpoint IC bookings hit an all-time record, engendering a strong second-quarter revenue outlook." More on Impinj Impinj, Inc. (PI) Q1 2026 Earnings Call Transcript Impinj: Why Lower Growth Could Continue To Linger For A While Impinj, Inc. 2025 Q4 - Results - Earnings Call Presentation Impinj expects Q2 revenue of $103M-$106M and non-GAAP EPS of $0.77-$0.82 as endpoint IC demand rebounds Impinj Non-GAAP EPS of $0.14 in-line, revenue of $7...
OlegFedorenko/iStock via Getty Images Antero Midstream ( AM ) just released guidance of single-digit growth with the latest earnings release . While this is a company that has made me a lot of money since I first purchased it at 2 1/2 and kept buying in those years when I had some spare money, it has now gotten to the point where it is expensive enough to consider selling. That management guidance...
OlegFedorenko/iStock via Getty Images Antero Midstream ( AM ) just released guidance of single-digit growth with the latest earnings release . While this is a company that has made me a lot of money since I first purchased it at 2 1/2 and kept buying in those years when I had some spare money, it has now gotten to the point where it is expensive enough to consider selling. That management guidance included the growth covered in the last article from an acquisition. Even though I still very much like this company and its management, it has gotten too expensive for me. In the next few days (and weeks), I will be looking to say goodbye to an old friend that has made me a lot of money. Stock Price The stock price is way up from the bargain days of fiscal year 2020. Antero Midstream Common Stock Price History And Key Valuation Measures (Seeking Alpha Website April 29, 2026) I am a firm believer in buying low and selling high. I tend to sell when the outlook is bright and there is a great horizon because Mr. Market is optimistic about the future. For a midstream company, that yield is getting on the low side. The price-earnings ratio is getting a bit too close to 20 for my comfort. Ideally, single-digit growth combined with the dividend yield should combine for a return in the low teens. Right now, I suspect there is significant downside risk when the price-earnings ratio is as high as it is for single-digit growth. This is a company where the price of the stock should be closer to $13 with a price-earnings ratio barely into the teens. It is a great company. But now the real qualm is about paying this much for the characteristics that are a part of this stock. I am going to be a fan of this management for a long time to come. But that does not mean that I will own the stock at any price. I allow myself the right to be a fan of management but also to decide that the stock is too expensive for this fan. This is going to be one of the hardest goodbyes I ever had to say (or d...
Arrow Financial press release ( AROW ): Q1 Non-GAAP EPS of $0.85 beats by $0.06 . Revenue of $44.76M (+14.2% Y/Y) beats by $0.96M . Efficiency ratio of 59.89%; 58.13% excluding MRE1 Net Interest Income of $36.1 million Net Interest Margin improved to 3.47% (3.48% FTE2), from 3.24% (3.25% FTE) in the prior quarter Return on Average Assets (ROA) of 1.23%; 1.29% adjusted for MRE More on Arrow Financi...
Arrow Financial press release ( AROW ): Q1 Non-GAAP EPS of $0.85 beats by $0.06 . Revenue of $44.76M (+14.2% Y/Y) beats by $0.96M . Efficiency ratio of 59.89%; 58.13% excluding MRE1 Net Interest Income of $36.1 million Net Interest Margin improved to 3.47% (3.48% FTE2), from 3.24% (3.25% FTE) in the prior quarter Return on Average Assets (ROA) of 1.23%; 1.29% adjusted for MRE More on Arrow Financial No Need To Rush Into Arrow Financial Seeking Alpha’s Quant Rating on Arrow Financial Historical earnings data for Arrow Financial Dividend scorecard for Arrow Financial Financial information for Arrow Financial