In the aftermath of the shooting at the White House Correspondents's dinner, Bloomberg's Joe Mathieu joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the history of assassination attempts on US presidents how such events have shaped security protocols in Washington, DC. (Source: Bloomberg)
In the aftermath of the shooting at the White House Correspondents's dinner, Bloomberg's Joe Mathieu joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the history of assassination attempts on US presidents how such events have shaped security protocols in Washington, DC. (Source: Bloomberg)
jbk_photography/iStock Editorial via Getty Images I've been Mastercard's ( MA ) shareholder for years, and I keep increasing my position from time to time. In my eyes, it's one of the best business models ever created. I know it's not the leadership player, as it's still behind Visa ( V ) (which I also own), but I see MA as a strong challenger. What do I like about MA as compared to V? While it ha...
jbk_photography/iStock Editorial via Getty Images I've been Mastercard's ( MA ) shareholder for years, and I keep increasing my position from time to time. In my eyes, it's one of the best business models ever created. I know it's not the leadership player, as it's still behind Visa ( V ) (which I also own), but I see MA as a strong challenger. What do I like about MA as compared to V? While it has a smaller scale, it grows faster. Still, I put MA on hold the last time I covered it (in October last year). Why? I felt like the valuation was too high given the volatile market environment and quite high expectations for future results. Seeking Alpha I'm happy I stopped buying, as I saw MA's stock price decline over the last 6 months. It dropped by c.a. 12% since the last time I talked about MA. At the same time, the broad index grew by nearly 4%, so MA was quite an underperformer, wasn't it? Now, I'd like to provide you with a follow-up given the upcoming earnings release. I'll share my thoughts on the upcoming results and the shift in valuation. But I will say this right from the get-go: I'm upgrading MA to a Buy. Yes, I recognize the valuation is higher than V's. But I think the risk-to-reward profile is much more attractive now. MA's Earnings Preview: Positive Outlook Despite Slower Growth Expectations Before I discuss the upcoming earnings release, I will take a step back and take a quick look at the most recent data. I was happy to see a relatively high double-digit revenue growth (vs. MA's previous quarters). At the same time, operating expenses grew more slowly. What's the result? What I like to see the most, higher operating margin, which is one of the best profitability levels in the market. Yes, in the market. Not just in the sector. MA's Investor Presentation Ok, let's now discuss the upcoming earnings release. I think it will be positive for MA, but I don't think it will be the catalyst for stock price growth. The market is now much more careful than it was...
Key PointsThis year's volatility serves as a good example of why owning solid funds filled with high-quality companies is ideal for long holding periods.
Key PointsThis year's volatility serves as a good example of why owning solid funds filled with high-quality companies is ideal for long holding periods.
Advanced Micro Devices, NasdaqGS:AMD, has entered a multi year collaboration with the French government to support France's national AI strategy. The partnership focuses on scaling AI infrastructure and research, with the aim of accelerating AI adoption across Europe. This agreement marks a new public sector relationship in Europe for AMD, expanding its presence in government backed AI initiatives...
Advanced Micro Devices, NasdaqGS:AMD, has entered a multi year collaboration with the French government to support France's national AI strategy. The partnership focuses on scaling AI infrastructure and research, with the aim of accelerating AI adoption across Europe. This agreement marks a new public sector relationship in Europe for AMD, expanding its presence in government backed AI initiatives. For investors, this move arrives with AMD shares at $347.81, alongside very strong multi year...
Skylight’s color-coded smart calendar supports two-way syncing with Google Calendar, Microsoft Outlook, and Apple’s iCloud calendar, among others. | Image: Skylight When you’re juggling more than just your own calendar, staying organized can be overwhelming. Fortunately, the Skylight Calendar 2 can help simplify things by syncing multiple calendars in a single spot, and now through May 7th, it’s a...
Skylight’s color-coded smart calendar supports two-way syncing with Google Calendar, Microsoft Outlook, and Apple’s iCloud calendar, among others. | Image: Skylight When you’re juggling more than just your own calendar, staying organized can be overwhelming. Fortunately, the Skylight Calendar 2 can help simplify things by syncing multiple calendars in a single spot, and now through May 7th, it’s available directly from Skylight for $259.99 ($40 off), its best price to date. Skylight Calendar 2 Where to Buy: $299.99 $259.99 at Skylight Skylight’s 15-inch smart calendar improves upon the original with a brighter screen, faster performance, and a slimmer design with swappable magnetic frames. Otherwise, though, it offers the same core experience, making it easy for the whole family to see events at a glance, whether you mount it on a wall or place it on a kitchen counter using the included adjustable stand. It automatically syncs with Google, Apple, Yahoo, Outlook, and Cozi calendars, pulling them into a single shared space that updates automatically. Each household member gets their own color, too, so it’s easy to keep track of who’s doing what. In addition to event planning, the Calendar 2 makes it easier to arrange and assign other day-to-day tasks. You can create and manage shared chore charts, grocery lists, and to-do lists directly on the touchscreen device or through the mobile app for Android and iOS, which makes it easy for everyone in your household to stay on track and contribute. Skylight also provides detailed weather forecasts for your events, so you know what to expect before heading out. If you subscribe to Skylight’s Calendar Plus plan, the Calendar 2 takes even more of the work off your plate. You can forward emails, upload PDFs, or snap photos of flyers and automatically turn them into calendar events. You also get meal planning tools that let you plan breakfast, lunch, dinner, and snacks for the week, as well as the ability to assign chores and rewa...
The ceasefire in Iran right now is fragile, the talks in Islamabad are uncertain, and Iran's parliament speaker is already signaling "new cards on the battlefield." Yet none of that changes the core prediction: the AI (artificial intelligence) supercycle is intact and still unfolding. What is changing is the illusion that the supply chain feeding it is immune to geopolitical shock. That assumption...
The ceasefire in Iran right now is fragile, the talks in Islamabad are uncertain, and Iran's parliament speaker is already signaling "new cards on the battlefield." Yet none of that changes the core prediction: the AI (artificial intelligence) supercycle is intact and still unfolding. What is changing is the illusion that the supply chain feeding it is immune to geopolitical shock. That assumption died somewhere between the first Iranian strikes on Qatar's Ras Laffan facility and the moment helium spot prices doubled. For investors paying attention, all these current events are a great buying opportunity. Image source: Getty Images. Continue reading
Forget tech startups and stock picks. A Princeton economist's research reveals that many of America's millionaires built their fortunes through private businesses in industries most people overlook. Billionaire Rich Kinder did it with pipelines. Ray and Dana Chery are hoping to become the next generation of billionaires by betting on portable sinks. Their stories challenge conventional wisdom on h...
Forget tech startups and stock picks. A Princeton economist's research reveals that many of America's millionaires built their fortunes through private businesses in industries most people overlook. Billionaire Rich Kinder did it with pipelines. Ray and Dana Chery are hoping to become the next generation of billionaires by betting on portable sinks. Their stories challenge conventional wisdom on how wealth is actually built. (Source: Bloomberg)
Japan has deployed 1,400 firefighters and dozens of Self-Defence Force personnel to battle mountain blazes that have been raging in the north for five days and threaten to reach homes in the picturesque coastal town of Otsuchi, officials said on Sunday. Fanned by dry, windy weather, two more wildfires broke out elsewhere in the north on Sunday – one in Kitakata city and the other in Nagaoka, pote...
Japan has deployed 1,400 firefighters and dozens of Self-Defence Force personnel to battle mountain blazes that have been raging in the north for five days and threaten to reach homes in the picturesque coastal town of Otsuchi, officials said on Sunday. Fanned by dry, windy weather, two more wildfires broke out elsewhere in the north on Sunday – one in Kitakata city and the other in Nagaoka, potentially stretching firefighting resources thin as local authorities send personnel to neighbouring...
Broadcom (NasdaqGS:AVGO) has agreed a multi year, multi generation partnership with Meta to co develop and supply next generation AI accelerator chips through 2029. The company has also expanded its work with Google Cloud around the launch of Cloud Network Insights, a tool focused on cloud scale network observability. These moves tie Broadcom more tightly to two major hyperscalers across both cust...
Broadcom (NasdaqGS:AVGO) has agreed a multi year, multi generation partnership with Meta to co develop and supply next generation AI accelerator chips through 2029. The company has also expanded its work with Google Cloud around the launch of Cloud Network Insights, a tool focused on cloud scale network observability. These moves tie Broadcom more tightly to two major hyperscalers across both custom AI silicon and advanced networking software. For readers tracking AI infrastructure, this...
It's not unheard of for biopharma stocks to deliver big gains in relatively short periods; the development of a game-changing drug is usually the catalyst. Even by biopharma standards, though, what analysts expect from Viking Therapeutics (NASDAQ: VKTX) over the next 12 months is shockingly bullish. As of the latest look, Wall Street's consensus one-year price target for shares of this weight-loss...
It's not unheard of for biopharma stocks to deliver big gains in relatively short periods; the development of a game-changing drug is usually the catalyst. Even by biopharma standards, though, what analysts expect from Viking Therapeutics (NASDAQ: VKTX) over the next 12 months is shockingly bullish. As of the latest look, Wall Street's consensus one-year price target for shares of this weight-loss drug hopeful stands at $93.59. That's more than 170% above the ticker's present price. What gives? A combination of factors is at work here, not least the stock's subpar performance since last year, when interest in the entire weight-loss drug revolution began cooling, and this particular company arguably stumbled. Just be patient. The opportunity is still out there, and Viking is quietly well-positioned to push back against the two current titans of the weight-loss drug market . Continue reading
Some employers are reluctant to cut workers’ hours but pay them the same – but it just might be the future of work We keep hearing that the four-day workweek is the future. So why are so few businesses actually adopting it? Belgium, Iceland and Lithuania have passed legislation requiring the practice, and other countries in Europe are piloting the idea. Hundreds of companies in the UK have signed ...
Some employers are reluctant to cut workers’ hours but pay them the same – but it just might be the future of work We keep hearing that the four-day workweek is the future. So why are so few businesses actually adopting it? Belgium, Iceland and Lithuania have passed legislation requiring the practice, and other countries in Europe are piloting the idea. Hundreds of companies in the UK have signed up for to give this a try. Microsoft tested the concept in Japan. Non-profits such as the 4 Day Week Foundation and WorkFour are dedicated to expanding the concept. Continue reading...
Riverside Studios, London Jeffrey Longford is pedantic, superior and gripes at everything from hospital data systems to gender-neutral loos Heartsinks, in doctors’ private and profane lingo, are difficult patients who conjure dismay in the hearts of the medical professionals they come to see. So Dr Jeffrey Longford (Aden Gillett) reminds his friend and fellow GP after dealing with a “fit as a flea...
Riverside Studios, London Jeffrey Longford is pedantic, superior and gripes at everything from hospital data systems to gender-neutral loos Heartsinks, in doctors’ private and profane lingo, are difficult patients who conjure dismay in the hearts of the medical professionals they come to see. So Dr Jeffrey Longford (Aden Gillett) reminds his friend and fellow GP after dealing with a “fit as a flea” hypochondriac who returns, week after week, albeit always with a slice of cake. Jeffrey becomes something of a heartsink himself when he turns from doctor to patient after being diagnosed with terminal cancer. The real-life cases of Paul Kalanithi (in When Breath Becomes Air ) and Henry Marsh (in And Finally ) show how difficult it is for doctors to adjust to the patient role. In the case of Jeffrey, it is simply annoying: he insists the oncology receptionist use his “doctor” moniker rather than her pet endearments of “lovey” and “poppet”; he is pedantic, superior and generally full of complaint in the waiting room, griping about the electronic medical data system, the hospital’s layout and its gender-neutral loos. Continue reading...
An international research team in China has developed a microscopic “predator-like” material capable of swimming through water and hunting uranium ions, a breakthrough that could open new possibilities for nuclear fuel extraction and cleaning up radioactive pollution. The light-powered material, a metal-organic framework (MOF) micromotor created by researchers at the Chinese Academy of Sciences’ Q...
An international research team in China has developed a microscopic “predator-like” material capable of swimming through water and hunting uranium ions, a breakthrough that could open new possibilities for nuclear fuel extraction and cleaning up radioactive pollution. The light-powered material, a metal-organic framework (MOF) micromotor created by researchers at the Chinese Academy of Sciences’ Qinghai Institute of Salt Lakes, can autonomously move through water while capturing uranium ions....
Apple CEO Tim Cook is leaving successor John Ternus with a strong pipeline of products that includes the foldable iPhone in September. Also: Ternus wants to expand Apple’s services portfolio and shares his AI vision with employees. Last week in Power On : Apple’s revamped Siri interface is hidden in its WWDC 2026 teaser. The Starters Apple Inc.’s new chief executive officer, John Ternus, officiall...
Apple CEO Tim Cook is leaving successor John Ternus with a strong pipeline of products that includes the foldable iPhone in September. Also: Ternus wants to expand Apple’s services portfolio and shares his AI vision with employees. Last week in Power On : Apple’s revamped Siri interface is hidden in its WWDC 2026 teaser. The Starters Apple Inc.’s new chief executive officer, John Ternus, officially begins his tenure on Sept. 1. Less than two weeks later, he will introduce what promises to be the biggest new Apple product in a decade: the first foldable iPhone. That timing is not a coincidence, I’m told. As part of Apple’s planning for the transition from Tim Cook to Ternus, the company wanted its new leader to be the one hosting the event to unveil the device — setting him up to become the face of what it believes will be a blockbuster new product category. The foldable iPhone will be a complex, innovative and expensive piece of technology that is sure to excite Apple’s biggest fans. And Ternus oversaw the engineering and product development of the device, making him the perfect person to be the face of the new era of the iPhone. In creating the foldable, Apple focused on four selling points : durability, performance, a less visible display crease and a horizontal screen (when unfolded) that looks like an iPad. This all plays into Ternus’ strengths. He’s spent much of his tenure working on the iPad and improving performance, reliability and battery life across the entire product portfolio. The excitement around the launch will give the new CEO a tailwind in both buzz and revenue, while letting him tout a product that reflects his style. The idea that Ternus drove this whole process will be put front and center during the launch period, I’m told. At first, the foldable iPhone will likely be hard to find in stores due to supply chain complexity — a constraint that should only heighten demand. Though the expected price of $2,000 or more will be daunting to many shopper...
PM Images/DigitalVision via Getty Images Investment Research Best Practices: Our Resources for Analysts and Readers We recently came across a resource provided several years ago to analysts and readers, an article presenting details and suggestions on how to approach investment analysis. And we’ve updated that article here . The key takeaways: Research approaches evolve for the best analysts. Ther...
PM Images/DigitalVision via Getty Images Investment Research Best Practices: Our Resources for Analysts and Readers We recently came across a resource provided several years ago to analysts and readers, an article presenting details and suggestions on how to approach investment analysis. And we’ve updated that article here . The key takeaways: Research approaches evolve for the best analysts. There’s always room for improvement. And make sure to keep an open mind and be receptive to other ideas when it comes to sharpening research skills around investment ideas. We asked analyst Thomas Lott to share his investment research process in this article from August, which may provide another perspective for analysts and readers. We also have other resources available on our Analyst Connect article page . The Positives of Presenting Previous Coverage in Follow-Up Articles We encourage analysts to present follow-up coverage of stocks and investments they analyze for readers. As part of that follow-up effort, we ask analysts to mention previous coverage of a stock they covered in a past article. There are benefits to referencing past articles in a new article covering a stock. The mention helps remind readers what was covered in the last article, presents a platform for outlining what may have changed (or not changed) since the previous analysis, and what may happen next for the investment in focus. Analysts also benefit from additional pageviews when readers are provided access to an older article. The reference to past coverage should be at the start of the article. The link to that earlier article and the reference do not need to be in the first paragraph (though this is strongly encouraged) but should be included in the second or third paragraph. Reference to past coverage is a key component of our follow-up article guidelines. Our guidelines for follow-up coverage of an investment: The follow-up focuses on a key material development or news that could impact the investme...
As stocks hit record after record, some investors are taking to heart the saying: Hedge when you can, not when you must. Investors have been snapping up calls on technology stocks in recent weeks ahead of earnings results that are so far showing strong income and healthy outlooks. That’s shifted equity options sentiment away from concern about a potential selloff and toward a chase of the rally. B...
As stocks hit record after record, some investors are taking to heart the saying: Hedge when you can, not when you must. Investors have been snapping up calls on technology stocks in recent weeks ahead of earnings results that are so far showing strong income and healthy outlooks. That’s shifted equity options sentiment away from concern about a potential selloff and toward a chase of the rally. But with the Iran war heading into a ninth week, curbing oil supply and threatening to stoke global inflation, some Wall Street strategists are suggesting it may be a good time to buy some insurance. That may take the form of pure stock hedges, or broader protection against higher interest rates. With the Iran risk premium declining, “the setup for re-engaging hedges is looking more attractive,” UBS Group AG strategist Kieran Diamond wrote in a report to clients. He favors buying equity put spreads rather than call spreads on the Cboe Volatility Index, noting that volatility is supported even with stocks near all-time highs, reflecting the ongoing uncertainty. “Equity downside appears to offer better convexity” versus upside volatility hedges, he said in an email. This refers to a higher volatility starting point where a return to a more risk-off environment could see a sharper move lower in equities than a spike in the VIX. Looming over the market is the potential for tighter oil supply to drive up costs of everything from fuel to food and plastics. The risk of higher inflation — which may keep interest rates higher — is regarded as a key factor that could trigger a stock-market selloff once investors start to look beyond earnings. Read more: ‘Bubble’ Signal Flagged by BofA as Tech Stocks, Volatility Soar “The key risk for equities from here is less ‘headline shock’ and more a longer‑duration repricing of rates,” said Florian Ielpo , head of macro research at Lombard Odier Investment Managers. “The rotation into U.S. growth and tech can keep working while earnings hold up, ...
(Bloomberg) -- As stocks hit record after record, some investors are taking to heart the saying: Hedge when you can, not when you must.Most Read from BloombergThe Billion-Barrel Hormuz Oil Shock Is About to Crash DemandGunman Detained, Trump Evacuated After Shooting at Press DinnerTrump Scraps US Trip for Iran Talks, Leaving Ceasefire in LimboGoogle Plans to Invest Up to $40 Billion in AnthropicTh...
(Bloomberg) -- As stocks hit record after record, some investors are taking to heart the saying: Hedge when you can, not when you must.Most Read from BloombergThe Billion-Barrel Hormuz Oil Shock Is About to Crash DemandGunman Detained, Trump Evacuated After Shooting at Press DinnerTrump Scraps US Trip for Iran Talks, Leaving Ceasefire in LimboGoogle Plans to Invest Up to $40 Billion in AnthropicThe Hottest Phone for Kids Right Now Is a $100 LandlineInvestors have been snapping up calls on techno