Michael Vi/iStock Editorial via Getty Images Shares of NXP Semiconductors ( NXPI ) surged about 19% premarket on Wednesday after the first-quarter results and outlook, which beat estimates, saw bullish reactions from analysts. Needham kept its Buy rating of the Dutch chipmaker's shares and raised the price target to $300 from $250. "NXPI posted a beat in 1Q26, and issued stronger than expected 2Q2...
Michael Vi/iStock Editorial via Getty Images Shares of NXP Semiconductors ( NXPI ) surged about 19% premarket on Wednesday after the first-quarter results and outlook, which beat estimates, saw bullish reactions from analysts. Needham kept its Buy rating of the Dutch chipmaker's shares and raised the price target to $300 from $250. "NXPI posted a beat in 1Q26, and issued stronger than expected 2Q26 guidance . Our key takeaways include: 1) Analyst Day targets for 2027 were reaffirmed, implying DD% [double digit] Y/Y growth in both CY26 and CY27. Management is seeing improved revenue visibility, a strengthening order book, and a growing distribution backlog; 2) Auto content gains are more than offsetting ongoing unit volatility. Y/Y growth was seen across all geographies and is expected to continue in 2Q26; 3) Data Center revenue of $200MM in CY25 is poised to more than double to ~$500MM in CY27, with exposure evenly balanced across the Industrial IoT and Communication Infrastructure segments; and, 4) Industrial & IoT is growing strongly, boosted by AI at the edge and robotics," said analysts led by N. Quinn Bolton. Morgan Stanley maintained its Overweight rating and increased the price target to $335 from $299. "Beat and raise across the board, driven by both core recovery and strategic growth drivers. With new data center disclosure, broader analog momentum, and continued design win ramps, our PT moves to $335 from $299, driven almost entirely by EPS revisions," said analyst Joseph Moore and his team. The analysts noted that NXP clearly signaled the confidence and clarity needed to support the long-term story, one they have believed in, with clearer visibility now around execution. Moore and his team added that while cyclical tailwinds are starting to help, the bigger takeaway is structural: core demand is recovering, strategic growth drivers are accelerating, and design win momentum is increasingly converting into revenue. The new data center disclosure, continued ...
Company to host public Earnings Call on May 6 at 8:00 am ET / 6:00 am MT / 1:00 pm BST Company to host public Earnings Call on May 6 at 8:00 am ET / 6:00 am MT / 1:00 pm BST
Company to host public Earnings Call on May 6 at 8:00 am ET / 6:00 am MT / 1:00 pm BST Company to host public Earnings Call on May 6 at 8:00 am ET / 6:00 am MT / 1:00 pm BST
Pre-Market Stock Futures: Futures are trading modestly higher as we hit the midweek mark, and some buyers’ exhaustion likely played a role, as all the major indices finished lower on Tuesday. This comes after both the Nasdaq and the S&P 500 hit all-time highs once again earlier this week. The combination of mixed earnings, some ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Aliba...
Pre-Market Stock Futures: Futures are trading modestly higher as we hit the midweek mark, and some buyers’ exhaustion likely played a role, as all the major indices finished lower on Tuesday. This comes after both the Nasdaq and the S&P 500 hit all-time highs once again earlier this week. The combination of mixed earnings, some ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Alibaba, Boston Scientific, Brown-Forman, Charter Communications, Franklin Resources, Spotify, T-Mobile,
For much of the past few years, US Treasuries have failed to serve their traditional role as a sure-fire refuge from global market meltdowns. During the last three big ones — caused by the post-pandemic inflation shock, President Donald Trump ’s tariff rollout and, more recently, his war on Iran — US government bonds offered little protection. In fact, each time they declined alongside risk assets...
For much of the past few years, US Treasuries have failed to serve their traditional role as a sure-fire refuge from global market meltdowns. During the last three big ones — caused by the post-pandemic inflation shock, President Donald Trump ’s tariff rollout and, more recently, his war on Iran — US government bonds offered little protection. In fact, each time they declined alongside risk assets like stocks. In 2022, Treasuries tumbled even more than the Dow Jones Industrial Average . Inflation was the biggest culprit , since rising consumer and energy prices erode the value of debt payments that are locked in. And that’s kept key bond yields pinned well above where they were in late 2024, despite several interest-rate cuts from the Federal Reserve since then. But the episodes shine a spotlight on a deeper, more permanent shift that analysts say is underway: the gradual erosion in recent years of what’s known as a “convenience yield” enjoyed by Treasuries. Investors were traditionally willing to pay higher prices — and accept lower payouts — because of their liquidity, safety and usefulness as collateral. That, in turn, saved the government billions each year. The premium, by all accounts, has fallen sharply or even disappeared. Estimates vary. But research by Wenxin Du , a Harvard professor and former Federal Reserve economist, suggests it has been reduced by nearly half a percentage point since the global financial crisis and is now negative when measured against currency-hedged debt from other major developed countries — meaning that Treasuries actually trade at a discount to their counterparts. “One can argue bonds are less of a good hedge against risk,” said Du, who worked at the Fed from 2013 to 2018. “They’re just not your fly-to-safety assets because people don’t necessarily fly to them over crisis.” Treasuries haven’t lost their privileged status at the heart of the global economy, of course, since no other bond market rivals its size. US government debt ...
(RTTNews) - While reporting financial results for the first quarter on Wednesday, EMCOR Group, Inc. (EME) raised its earnings and revenue guidance for the full-year 2026, based on anticipated project mix and visibility into the remainder of the year.
(RTTNews) - While reporting financial results for the first quarter on Wednesday, EMCOR Group, Inc. (EME) raised its earnings and revenue guidance for the full-year 2026, based on anticipated project mix and visibility into the remainder of the year.
GE HealthCare Technologies Inc. shares sank after the company reported a profit miss and cut its outlook, citing supply issues and higher costs. Shares retreated as much as 10% in premarket trading. The stock had lost 16% this year as of Tuesday’s close. The company “saw significant increases” in costs and assumes it will continue for the rest of the year, it said in a statement Wednesday. It expe...
GE HealthCare Technologies Inc. shares sank after the company reported a profit miss and cut its outlook, citing supply issues and higher costs. Shares retreated as much as 10% in premarket trading. The stock had lost 16% this year as of Tuesday’s close. The company “saw significant increases” in costs and assumes it will continue for the rest of the year, it said in a statement Wednesday. It expects roughly $250 million in additional costs this year from inflation, driven by higher prices for memory chips, oil, freight and other inputs. The medical technology firm that builds machines like MRI and CT scanners said it will offset some of the impact with higher prices and adjusting its costs, adding that the tariff hit will probably be lesser this year than last year. First-quarter adjusted earnings per share fell to 99 cents from $1.01 a year earlier, below the $1.06 analyst consensus. First-quarter earnings were also disrupted by a supply issue that has been resolved, the company said. Revenue of $5.1 billion beat estimates. GE HealthCare now sees full-year adjusted EPS of $4.80 to $5, down from $4.95 to $5.15. Questions now center on why the impact was larger than peers, Bloomberg Intelligence analyst Matt Henriksson wrote, noting that companies such as Intuitive Surgical hadn’t flagged similar effects from the Iran war or higher technology-related costs.
Hong Kong’s Law Society has ordered the closure of a solicitors’ firm under investigation for its alleged role in a series of “crash-for-cash” scams in the city. The society’s council announced on Wednesday it would intervene in the practice of Raymond Lam & Associates, which will cease operations with immediate effect. The council also appointed Robertsons, another local law firm, as the interven...
Hong Kong’s Law Society has ordered the closure of a solicitors’ firm under investigation for its alleged role in a series of “crash-for-cash” scams in the city. The society’s council announced on Wednesday it would intervene in the practice of Raymond Lam & Associates, which will cease operations with immediate effect. The council also appointed Robertsons, another local law firm, as the intervention agent to handle matters pertaining to the closure. In a statement, the society said it found...
Eka Jaya Permana/iStock via Getty Images The Schwab International Dividend Equity ETF ( SCHY ) offers U.S. investors the opportunity to diversify away from U.S. companies in an easy and cost-efficient way, which has been a winning strategy over the last year. I believe this outperformance continues. Here's why. Introduction When I last wrote about SCHY back in 2024 , my thesis was that U.S. stocks...
Eka Jaya Permana/iStock via Getty Images The Schwab International Dividend Equity ETF ( SCHY ) offers U.S. investors the opportunity to diversify away from U.S. companies in an easy and cost-efficient way, which has been a winning strategy over the last year. I believe this outperformance continues. Here's why. Introduction When I last wrote about SCHY back in 2024 , my thesis was that U.S. stocks are mostly overvalued and diversifying into other markets wasn't such a bad idea. This rotation would help drive outperformance for international stocks. And since I'm a dividend investor, I was attracted to the then-4%+ yield offered while I waited for things to play out. One part of my thesis was correct, while the other part didn't exactly materialize. SCHY (and international stocks more broadly) have outperformed the S&P 500, delivering a total return of more than 40% since the article was written in November 2024, versus a 20.75% return for the S&P 500. Investors moved into international stocks, but the S&P 500 has still performed relatively well. There are still signs that broad U.S. stock markets are overvalued. The Shiller P/E ratio (or the cyclically adjusted price-earnings ratio, better known as CAPE) continues to show a market that trades at a elevated valuation. CAPE is more than 40x, which is officially the second-highest level ever. Only the tech bubble was more expensive on a CAPE basis. mutlpl.com/shiller-pe The S&P 500 dividend yield has slumped all the way down to 1.09%. This is the lowest dividend yield ever recorded; 2000 only saw the S&P 500's dividend yield fall to 1.13%. Sure, there are arguments against using dividend yield as a proxy of value, especially in a world where companies will often choose the flexibility of buybacks instead. But this analyst thinks it still has some merit. multpl.com/s-p-500-dividend-yield Saying that, I'm the first to admit the predicting bubbles business is a hard one, and most investors shouldn't even try. Both of thes...