Parker Hannifin, the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $2.00 per share of common stock to shareholders of record as of May 8, 2026. The dividend is payable June 5, 2026. The div
Parker Hannifin, the global leader in motion and control technologies, today announced that its Board of Directors has declared a quarterly cash dividend of $2.00 per share of common stock to shareholders of record as of May 8, 2026. The dividend is payable June 5, 2026. The div
Keir Starmer is fighting for his political life as the Mandelson vetting scandal threatens to end his premiership. With no end to the Mandelson saga in sight, and as Labour looks set to suffer major losses at the local elections, can the prime minister survive? Lucy Hough speaks to the Guardian’s head of national news, Archie Bland Continue reading...
Keir Starmer is fighting for his political life as the Mandelson vetting scandal threatens to end his premiership. With no end to the Mandelson saga in sight, and as Labour looks set to suffer major losses at the local elections, can the prime minister survive? Lucy Hough speaks to the Guardian’s head of national news, Archie Bland Continue reading...
The Heilongjiang bureau of the CSRC plans to fine Heilongjiang Zhongneng Liangke Agricultural Technology Co. Ltd. 3 million yuan. Photo: VCG China’s securities regulator has penalized a domestic company for listing on a foreign exchange without completing the required regulatory filing, marking its first enforcement action of this kind. The case underscores Beijing’s strict enforcement of oversigh...
The Heilongjiang bureau of the CSRC plans to fine Heilongjiang Zhongneng Liangke Agricultural Technology Co. Ltd. 3 million yuan. Photo: VCG China’s securities regulator has penalized a domestic company for listing on a foreign exchange without completing the required regulatory filing, marking its first enforcement action of this kind. The case underscores Beijing’s strict enforcement of oversight rules designed to monitor and control how domestic companies raise capital in international markets.
The Vanguard S&P 500 ETF (NYSEARCA:VOO) surged back over $650 quickly after the ceasefire went into effect and has held at that level after it was extended. The question now is whether or not it can hold at that level for too long. Plenty of things can go wrong from here as the Strait of Hormuz remains ... Buy, Hold, or Sell VOO at $650?
The Vanguard S&P 500 ETF (NYSEARCA:VOO) surged back over $650 quickly after the ceasefire went into effect and has held at that level after it was extended. The question now is whether or not it can hold at that level for too long. Plenty of things can go wrong from here as the Strait of Hormuz remains ... Buy, Hold, or Sell VOO at $650?
QXO (NYSE: QXO) did exactly what investors expected this week. The building products distribution company started by entrepreneur Brad Jacobs announced another acquisition. Investors may wonder why QXO stock was down about 14% for the week as of Friday afternoon, according to data provided by S&P Global Market Intelligence . The company just announced its third major acquisition, and second this y...
QXO (NYSE: QXO) did exactly what investors expected this week. The building products distribution company started by entrepreneur Brad Jacobs announced another acquisition. Investors may wonder why QXO stock was down about 14% for the week as of Friday afternoon, according to data provided by S&P Global Market Intelligence . The company just announced its third major acquisition, and second this year. Here's what some investors might be wary about. Image source: The Motley Fool. Continue reading
sasha85ru/iStock via Getty Images The Market Is Thinking Fast. Oil Is Thinking Slow. I am currently reading “ Thinking, Fast and Slow ” by Daniel Kahneman, the 2002 Nobel laureate in Economic Sciences. Kahneman explains, in his book, a universal truth that investors know all too well: we act first, then think . We make decisions based on instinct before we analyze. We find a simple explanation to ...
sasha85ru/iStock via Getty Images The Market Is Thinking Fast. Oil Is Thinking Slow. I am currently reading “ Thinking, Fast and Slow ” by Daniel Kahneman, the 2002 Nobel laureate in Economic Sciences. Kahneman explains, in his book, a universal truth that investors know all too well: we act first, then think . We make decisions based on instinct before we analyze. We find a simple explanation to make ourselves comfortable, and only later come back to the data. That’s essentially what I believe is happening today in the markets. A crisis like the current Strait of Hormuz crisis is not another typical geopolitical event. It's not just another news item that will be over in two trading sessions. A disruption in the Strait of Hormuz is significant enough to affect refineries, inventory levels, transportation costs, inflation rates, central bank actions, and ultimately the P/E ratios of equities. However, when looking at financial markets (specifically the NASDAQ, S&P 500), it appears as though nothing has happened. The NASDAQ ( NDX ) is acting as if the crisis was resolved, or never occurred. The S&P 500 ( SPX ) remains close to new highs. As always earnings are driving the conversation. The Brent Crude Futures Curve presents a logical story about a short-term shock followed by an adjustment in demand and then an increase in supply leading to normalized price levels. This is indeed a lovely story. However, is it even correct? For now, it appears that the equity markets continue to rely on Kahneman's " fast brain ": intuitive, emotional and eager for an easy explanation. The crisis will go away. Companies are beating expectations. Technology remains strong. If something breaks, the Federal Reserve steps in. The physical crude oil market views the world through a very different lens than the equity market. The physical crude oil market is based solely on barrels. Thus it is based on ships, shipping lanes, inventory levels, available spare production capacity, logistics d...
Earnings Call Insights: Orchid Island Capital (ORC) Q1 2026 Management View "For the first quarter, we had a net loss of $0.11 per share compared to net income of $0.62 in Q4." (CFO, Chief Investment Officer, Secretary & Director George Haas) "Our book value at 3/31 was $7.08 per share compared to $7.54 at December 31." (CFO, Chief Investment Officer, Secretary & Director Haas) "Total return for t...
Earnings Call Insights: Orchid Island Capital (ORC) Q1 2026 Management View "For the first quarter, we had a net loss of $0.11 per share compared to net income of $0.62 in Q4." (CFO, Chief Investment Officer, Secretary & Director George Haas) "Our book value at 3/31 was $7.08 per share compared to $7.54 at December 31." (CFO, Chief Investment Officer, Secretary & Director Haas) "Total return for the quarter was a negative 1.3% compared to 7.8% in Q4, and we declared dividends of $0.36 during both quarters." (CFO, Chief Investment Officer, Secretary & Director Haas) "During Q1, we had an average balance of approximately $11 billion compared to $9.5 billion in Q4" and "our leverage ratio increased 7.9% compared to 7.4% at 12/31." (CFO, Chief Investment Officer, Secretary & Director Haas) "Obviously, in this environment, the war headlines with respect to the war are driving performance of not just interest rates, but basically all risk assets." (Chairman, President & CEO Robert Cauley) "All of these variables, stable interest rates, low swap yields and mortgage performance that's steady, all of these are very conducive for our business model" and "leaves us very bullish on the business model and levered MBS investing." (Chairman, President & CEO Cauley) "We raised approximately $108 million in the quarter and an additional $28 million in early April" and "in total, we purchased approximately $1.6 billion of agency specified pools and TBAs with a focus on call protected collateral." (CFO, Chief Investment Officer, Secretary & Director Haas) "At quarter end, approximately 92% of the portfolio was backed by specified pools with at least 10 ticks of payup." (CFO, Chief Investment Officer, Secretary & Director Haas) "At present, we're currently funding in the 11 to 13 basis point range over SOFR" and "the hedge coverage is approximately 65% of our repo balance." (CFO, Chief Investment Officer, Secretary & Director Haas) "Growth is accretive to earnings." (Chairman, Presiden...
Earnings Call Insights: Erie Indemnity Company (ERIE) Q1 2026 Management View "Before we get into our first quarter results, I'd like to share some recent changes to the Erie Indemnity Company Board of Directors." (President & CEO Timothy NeCastro) "Tom Hagen recently informed the Board of his decision to step down as Chairman after serving in the role for more than 20 years." (President & CEO NeC...
Earnings Call Insights: Erie Indemnity Company (ERIE) Q1 2026 Management View "Before we get into our first quarter results, I'd like to share some recent changes to the Erie Indemnity Company Board of Directors." (President & CEO Timothy NeCastro) "Tom Hagen recently informed the Board of his decision to step down as Chairman after serving in the role for more than 20 years." (President & CEO NeCastro) "Following a special meeting of the Board of Directors on April 19, Jonathan Hirt Hagen was unanimously elected as Chairman of the Board." (President & CEO NeCastro) "Tom will continue to serve as a member of the Board as Chairman Emeritus and Chair of the Executive Committee." (President & CEO NeCastro) "The Board of Directors also recently welcomed a new member, William Edwards, is an attorney and partner at Taft in Indianapolis, Indiana, where he practices employment law." (President & CEO Timothy NeCastro) "Finally, we are deeply saddened by the recent passing of one of our long-time Board members and retired Erie executive, George Lucore." (President & CEO NeCastro) "By the end of 2025 and now in the first quarter of 2026, we started to see a more balanced picture and early signs that we're beginning to turn a corner." (President & CEO Timothy NeCastro) "We're still operating in a competitive market, and there's more work ahead, but the steady measured progress is encouraging." (President & CEO NeCastro) "With significantly lower catastrophe and weather-related losses in the first quarter of 2026, the underwriting performance of the core business of the exchange continued to be more evident in contrast to the elevated weather activity we experienced a year ago." (Executive VP & CFO Julie Pelkowski) "Following the period of significant rate increases across the industry, growth continues to be challenging." (Executive VP & CFO Pelkowski) "Higher premiums are impacting customer behavior and measures like policies in force and retention reflect a more competitive l...
Key PointsChicago Capital added 969,592 shares of PROCEPT BioRobotics, an estimated $27.32 million trade based on the average share price in the first quarter of 2026.
Key PointsChicago Capital added 969,592 shares of PROCEPT BioRobotics, an estimated $27.32 million trade based on the average share price in the first quarter of 2026.
Tech investors pressed the panic button in the first quarter of 2026, with the Nasdaq Composite index dropping 7% over this period due to the uncertainty created by the war in the Middle East. It was easy to see why investors rotated out of tech stocks during this turmoil. The sector has delivered impressive gains to investors in recent years, primarily driven by the rapid adoption of artificial i...
Tech investors pressed the panic button in the first quarter of 2026, with the Nasdaq Composite index dropping 7% over this period due to the uncertainty created by the war in the Middle East. It was easy to see why investors rotated out of tech stocks during this turmoil. The sector has delivered impressive gains to investors in recent years, primarily driven by the rapid adoption of artificial intelligence (AI) technology. So, when investors fled to safety amid the Iran war, booking profits in tech stocks to preserve capital became a viable option. But the Nasdaq Composite has made a solid turnaround lately, especially amid generally positive news on the ceasefire and negotiations emerging from the Middle East. The index is up 11% in April, suggesting that investors have regained some of their confidence in tech stocks. However, the Q1 sell-off means investors can still buy some top AI growth stocks at discounted valuations. Twilio (NYSE: TWLO) is one such name. Continue reading
Wall Street’s view on Intel (NASDAQ:INTC) stock leaned bullish this morning. Citi upgraded Intel to Buy from Neutral with a $95 price target, up from $48, while Evercore ISI’s Mark Lipacis moved to Outperform from In Line with a $111 target, up from $45. The calls came after Intel’s blockbuster Q1 FY2026 print. Non-GAAP EPS ... Citi and Evercore Pile Into Intel With Huge Price Target Hikes: Is the...
Wall Street’s view on Intel (NASDAQ:INTC) stock leaned bullish this morning. Citi upgraded Intel to Buy from Neutral with a $95 price target, up from $48, while Evercore ISI’s Mark Lipacis moved to Outperform from In Line with a $111 target, up from $45. The calls came after Intel’s blockbuster Q1 FY2026 print. Non-GAAP EPS ... Citi and Evercore Pile Into Intel With Huge Price Target Hikes: Is the CPU Renaissance Real?
Jitendra Jadhav/iStock via Getty Images Intel Corporation's ( INTC ) results for Q1 ’26 far exceeded Wall Street's expectations on earnings and revenues, which marked the sixth consecutive quarter for the chipmaker of surpassing analyst estimates. The chip enterprise benefited from strong AI CPU demand in its core business, especially in Data Center and AI, causing shares to soar more than 25% aft...
Jitendra Jadhav/iStock via Getty Images Intel Corporation's ( INTC ) results for Q1 ’26 far exceeded Wall Street's expectations on earnings and revenues, which marked the sixth consecutive quarter for the chipmaker of surpassing analyst estimates. The chip enterprise benefited from strong AI CPU demand in its core business, especially in Data Center and AI, causing shares to soar more than 25% after the earnings report in pre-market trading. While I like the momentum for Intel’s Data Center and AI business, I believe the chipmaker’s valuation potential has now been more than fully realized. My stock price target of $51 as been more than achieved -- with shares currently trading above $84 -- which is why I am recommending to sell into the strength and take profits. Data by YCharts Previous rating I recommended Intel in July 2025 (as well as before and after) as a Strong Buy specifically because I felt that the balance between risks and potential rewards changed in favor of the chipmaker at the time: Turnaround Risks Vs. Upside Potential . Since then, shares of Intel have surged a massive 223%, mainly because the firm's business stabilized, Intel regained top line momentum and struck a major deal with a private equity company. Most recently, in February, I recommended the chipmaker as a Hold on the heels of Intel's massive $14.2B Apollo deal which signaled confidence in Intel’s restructuring plan and AI-centric expansion strategy. Since shares are now trading well above my fair value estimate, I believe the risk profile is no longer skewed to the upside and I am correspondingly changing my recommendation to Sell. Major DCAI turnaround lifts results for Q1 '26 The chipmaker surpassed earnings and revenue estimates for the first quarter on Thursday: it published normalized earnings of $0.29 per-share, beating the consensus estimate by $0.28 per-share. The top line came in at $13.6B, out-matching the average prediction by $1.15B. Seeking Alpha Intel generated 7% year-ove...