International developed-market equities have outperformed US large caps through the first four months of 2026. The S&P 500 is up about 4.5% year to date, while three of the most widely held developed ex-US ETFs have posted mid-to-high single-digit gains over the same stretch. The performance gap reflects a rotation into cheaper European and Japanese ... Why Smart investors Are Loading Up on These ...
International developed-market equities have outperformed US large caps through the first four months of 2026. The S&P 500 is up about 4.5% year to date, while three of the most widely held developed ex-US ETFs have posted mid-to-high single-digit gains over the same stretch. The performance gap reflects a rotation into cheaper European and Japanese ... Why Smart investors Are Loading Up on These 3 International ETFs Right Now
Poet Technologies (NASDAQ: POET) stock is getting hit with a big valuation pullback in Thursday's trading. The company's share price was down 7.3% as of 2:30 p.m. ET and had been down as much as 15.7% earlier in the day. Poet's valuation is taking a big step back today as investors react to a big quarterly report in the software industry and other catalysts. Despite the big pullback today , Poet s...
Poet Technologies (NASDAQ: POET) stock is getting hit with a big valuation pullback in Thursday's trading. The company's share price was down 7.3% as of 2:30 p.m. ET and had been down as much as 15.7% earlier in the day. Poet's valuation is taking a big step back today as investors react to a big quarterly report in the software industry and other catalysts. Despite the big pullback today , Poet stock is still up 61% over the last week of trading. Image source: Getty Images. Continue reading
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting ...
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting with us, check out the Odd Lots Discord , where you can hang out and talk with us and with other listeners 24/7. Also! We’re doing another live show in NYC on May 28th ! A slew of great guests will be announced in the days ahead, but you can get your tickets RIGHT NOW. If you want to come say hi to the two of us, hang out with fellow listeners, and enjoy an evening of podcast recordings, then click this link or the image below. What Joe is thinking about today AI-driven layoffs are everywhere except the data. Today we got the latest reading of Initial Jobless Claims, and it came in at 214K, which is a little bit above the 210K that economists had expected, but is still at a very low number. Since I haven’t posted it in awhile, here is a chart of the 52-week average of Non-Seasonally Adjusted Jobless Claims. The number remains right near the very lows of the post-COVID era. The black line is the weekly non-seasonally adjusted number. The magenta line is the moving average. But like I said, everyone’s talking about AI-driven layoffs. So there seems to be some disconnect between talk and action. Of course, for AI to drive layoffs, first it has to be adopted. And to be honest, I still am unclear about what “AI adoption” actually means. For example, today the fund manager Dan Loeb posted a Claude output regarding Iran’s oil wells on Twitter . Is this an example of “AI adoption”? I mean, obviously on some level it is. But what that means for jobs and employment, I’m less clear on. Here’s just part of it: The best thing I read all week was from Rachel Karten’s Substack titled: Doe...
Ireland and Spain will also not broadcast Eurovision after decision to boycott live event over Israel’s participation National broadcasters in Ireland, Spain and Slovenia will not air the Eurovision song contest this year, after they decided to boycott the event over Israel’s participation. Having announced it would not submit a national entry, the Slovenian broadcaster RTV confirmed on Thursday i...
Ireland and Spain will also not broadcast Eurovision after decision to boycott live event over Israel’s participation National broadcasters in Ireland, Spain and Slovenia will not air the Eurovision song contest this year, after they decided to boycott the event over Israel’s participation. Having announced it would not submit a national entry, the Slovenian broadcaster RTV confirmed on Thursday it would implement a broadcasting blackout of the world’s largest live music event and instead show a series of films about Palestine. Continue reading...
SALT LAKE CITY, UTAH - Amid an expansion of federal immigration enforcement operations, ICE has reportedly purchased a 833,000 square foot warehouse in Salt Lake City, paying well above its assessed value, to support detention, processing, and logistical needs in the region. (Photo by Justin Sullivan/Getty Images) | Getty Images A bill introduced by Rep. Rashida Tlaib (D-MI) would prohibit the Dep...
SALT LAKE CITY, UTAH - Amid an expansion of federal immigration enforcement operations, ICE has reportedly purchased a 833,000 square foot warehouse in Salt Lake City, paying well above its assessed value, to support detention, processing, and logistical needs in the region. (Photo by Justin Sullivan/Getty Images) | Getty Images A bill introduced by Rep. Rashida Tlaib (D-MI) would prohibit the Department of Homeland Security from converting warehouses and similar buildings into immigrant detention centers, an attempt to slow President Donald Trump's mass deportations campaign. The Ban Warehouse Detention Act would also forbid Immigration and Customs Enforcement from developing other "non-traditional" detention facilities. "ICE and CBP [Customs and Border Protection] are murdering people in the streets, tearing families apart, abducting our neighbors, and locking them in cages. Now they are attempting to buy and convert warehouses across our country into massive pr … Read the full story at The Verge.
ozgurdonmaz/iStock Unreleased via Getty Images Apple's ( AAPL ) total revenues expected for fiscal Q2 have ticked up since the fall but are flat from last quarter, according to Visible Alpha consensus, from $102.9 billion to $109.3 billion. Sentiment seems to reflect a view that iPhone buying is stable with improvements in China and users continuing to upgrade in the US. Since late January, expect...
ozgurdonmaz/iStock Unreleased via Getty Images Apple's ( AAPL ) total revenues expected for fiscal Q2 have ticked up since the fall but are flat from last quarter, according to Visible Alpha consensus, from $102.9 billion to $109.3 billion. Sentiment seems to reflect a view that iPhone buying is stable with improvements in China and users continuing to upgrade in the US. Since late January, expected Q2 iPhone units have edged higher to 60 million, but FY 2026 ticked down to 254 million. Currently, Q2 is expected to deliver $56.5 billion in iPhone sales and $242.6 billion in FY 2026 and $257.1 billion in FY 2027. Overall, large looming questions remain about the supply chain; however, iPhone expectations are continuing to show positive momentum this quarter, driven by upgrades. Expectations for the high-margin Services segment remained stable for Q2 at around $30 billion. The gross margin for the Services segment is over 70%, significantly higher than the 37% gross margin for Products. Given the large installed base, we are looking forward to what the company says in the Q2 earnings release about growth in Services and the role of Apple Intelligence in FY 2026.With CEO Tim Cook stepping down from September and new leadership taking the reins for the critical back-to-school and holiday selling season, the visibility of Apple Intelligence enhancements and new product rollouts will be a critical focus. In addition, will Apple use its over $100 billion cash position to buy back stock and increase dividends or make an acquisition? Apple stock has been up almost 6% since last quarter. The consensus P/E for 2026 is 32x with a target price of $309. Could the Q2 release and outlook confirm the upgrade cycle and drive further outperformance in the stock? Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
Danaher Corporation ( DHR ) has agreed to pay $172.5M to settle a class action lawsuit filed by a group of investors who accused the company of misrepresenting demand for its test and vaccine equipment as the impact of the COVID-19 pandemic waned. A preliminary settlement for the all-cash deal was filed with the US District Court for the District of Columbia on Wednesday. If approved, it will be t...
Danaher Corporation ( DHR ) has agreed to pay $172.5M to settle a class action lawsuit filed by a group of investors who accused the company of misrepresenting demand for its test and vaccine equipment as the impact of the COVID-19 pandemic waned. A preliminary settlement for the all-cash deal was filed with the US District Court for the District of Columbia on Wednesday. If approved, it will be the largest securities class action settlement handled by that court since a law governing such cases took effect in 1996. Shareholders alleged that in 2022 and 2023, the company issued false and misleading statements about its "bioprocessing" business, which focuses on biopharmaceutical production. The claims included comments saying there will be a sustainable demand for its products. As the truth unraveled and Danaher ( DHR ) lowered its outlook, shares of the Washington, D.C.-based firm fell multiple times, the claimants argued. While agreeing to resolve the case, the company denied any wrongdoing. The settlement "will allow us to avoid burdensome litigation and stay focused on our mission of helping solve the world’s most critical health challenges,” Reuters reported, quoting a Danaher ( DHR ) spokesperson as saying on Thursday. More on Danaher Danaher Corporation: Masimo Deal Adds Long-Term Potential But Near-Term Pressure Danaher Q1 2026 Earnings Update Danaher Corporation (DHR) Q1 2026 Earnings Call Transcript Danaher signals 2026 adjusted EPS of $8.35-$8.55 while keeping 3%-6% core growth outlook Danaher rises after lifting full-year earnings outlook
Seven-day-old Poppy Hope Lomas died after complications during home birth encouraged by midwives at Barnet hospital A mother who lost her baby a week after an “unsafe” home birth that went against medical advice was failed by the NHS, an inquest has found. Poppy Hope Lomas was seven days old when she died at University College hospital in London on 26 October 2022 after complications during a home...
Seven-day-old Poppy Hope Lomas died after complications during home birth encouraged by midwives at Barnet hospital A mother who lost her baby a week after an “unsafe” home birth that went against medical advice was failed by the NHS, an inquest has found. Poppy Hope Lomas was seven days old when she died at University College hospital in London on 26 October 2022 after complications during a home birth that, according to her mother, was encouraged by midwives at Barnet hospital. Continue reading...
alexsl Hunting Alphas has upgraded NVIDIA ( NVDA ) to a Buy, citing an attractive valuation discount as the next AI supercycle begins. Similarly, 3M ( MMM ) has been upgraded by Bay Area Ideas, who sees the current valuation pullback as an ideal entry point for long-term growth. In contrast, some sector giants face a more cautious outlook. JR Research has downgraded Amazon ( AMZN ), warning that t...
alexsl Hunting Alphas has upgraded NVIDIA ( NVDA ) to a Buy, citing an attractive valuation discount as the next AI supercycle begins. Similarly, 3M ( MMM ) has been upgraded by Bay Area Ideas, who sees the current valuation pullback as an ideal entry point for long-term growth. In contrast, some sector giants face a more cautious outlook. JR Research has downgraded Amazon ( AMZN ), warning that the market may be too complacent regarding potential free cash flow volatility. Halliburton ( HAL ) has also seen a downgrade to Hold by Zoltan Ban, who suggests that the stock’s recent strong rally has left little room for further upside. Upgrades Nvidia ( NVDA ): Upgrade to Buy by Hunting Alphas . The analyst highlights that Nvidia is breaking out of a recent performance lull, supported by strong pricing power from GPU shortages and the upcoming ramp of the Vera Rubin platform. “I believe this gives Nvidia plenty of pricing leverage and sustained demand visibility for them to have the confidence to invest aggressively in newer and better products.” 3M Company ( MMM ): Upgrade Hold to Buy by Bay Area Ideas . While near-term fundamentals remain mixed, the analyst believes a forward P/E of 17x represents a reasonable entry point paired with catalysts like the Madison Fire & Rescue acquisition. “Despite the shaky fundamentals and soft near-term outlook, the emergence of potential catalysts like the Madison Fire & Rescue acquisition helps to brighten the long-term outlook. With the valuation having pulled back considerably from the highs seen earlier this year, I believe investors can start nibbling on the stock. Therefore, I'm upgrading 3M to a Buy rating.” Downgrades Halliburton Company ( HAL ): Downgrade to Hold by Zoltan Ban . The analyst notes that while Q1 results were resilient, the stock’s valuation has reached a point where the upside is limited, especially given delayed increases in global drilling activity. “Halliburton needs to see an improved external environment f...
Earnings Call Insights: Enterprise Financial Services Corp (EFSC) Q1 2026 Management View "The solid financial performance that we've generated over the past several years continued into the first quarter of 2026." (President, CEO & Director James Lally) "For the quarter, we earned $1.30 per diluted share compared to a seasonally strong $1.45 in the linked quarter and $1.31 in the first quarter of...
Earnings Call Insights: Enterprise Financial Services Corp (EFSC) Q1 2026 Management View "The solid financial performance that we've generated over the past several years continued into the first quarter of 2026." (President, CEO & Director James Lally) "For the quarter, we earned $1.30 per diluted share compared to a seasonally strong $1.45 in the linked quarter and $1.31 in the first quarter of 2025." (President, CEO & Director Lally) "Net interest income was relatively stable when compared to the linked quarter at $166 million, while net interest margin expanded 2 basis points to 4.28%." (President, CEO & Director Lally) "Loans dipped slightly in the quarter" and management cited "several significant closings" sliding into Q2, a "$100 million pay-down" in low-income housing tax credit loans, and "the sale of $25 million of SBA loans in the quarter, which produced a gain of $1.4 million." (President, CEO & Director Lally) "We did experience a typical first quarter deposit outflows" while "our percentage of DDA to total deposits remained at 33%" and "the overall cost of deposits" declined "to 1.52%." (President, CEO & Director Lally) "It was on our 2025 first quarter earnings call that we first spoke of the 7 Southern California loans that ultimately landed in OREO" and "currently have 4 of these properties under contract, representing total OREO balances of $46 million." (President, CEO & Director Lally) "The elevated geopolitical risks, Iran conflict and market complexities may, however, result in our organic growth being more uneven over the next couple of quarters." (Senior EVP & Chief Banking Officer Douglas Bauche) "We reported earnings per share of $1.30 in the first quarter on net income of $49 million." (Senior EVP, CFO & COO Keene Turner) Outlook "I’m still bullish on overall mid-single-digit balance sheet growth for the year" while warning that "the longer that uncertainty is, the byproduct of the conflict in Iran, borrower sentiments may be cautious, w...
Earnings Call Insights: PG&E Corporation (PCG) Q1 2026 Management View “Today, we announced core earnings per share for the first quarter of $0.43… and reaffirm our full year 2026 core EPS guidance of $1.64 to $1.66.” (CEO & Director Patricia Poppe) “Looking forward, we're reaffirming our EPS growth guidance for 2027 through 2030, which is unchanged at 9% plus annually… including 0 new equity issu...
Earnings Call Insights: PG&E Corporation (PCG) Q1 2026 Management View “Today, we announced core earnings per share for the first quarter of $0.43… and reaffirm our full year 2026 core EPS guidance of $1.64 to $1.66.” (CEO & Director Patricia Poppe) “Looking forward, we're reaffirming our EPS growth guidance for 2027 through 2030, which is unchanged at 9% plus annually… including 0 new equity issuance needs through 2030.” (CEO & Director Poppe) “In February, our Diablo Canyon nuclear power plant received the final state permit approvals needed to support extended operations through 2030. And in early April, the Nuclear Regulatory Commission granted Diablo Canyon a 20-year license extension… although further action by the state is required in order to operate beyond 2030.” (CEO & Director Poppe) “Projects are moving through our development pipeline with our final engineering stage increasing to 4.6 gigawatts… In total, customer interest exceeded an additional 10 gigawatts… There's no single project driving these totals… We're committed to only adding load that is definitively rate reducing. We simply need to get the pricing right.” (CEO & Director Poppe) “Core earnings for the quarter were $0.43… Customer capital investments contributed $0.06… Nonfuel O&M savings contributed an additional $0.02… Timing and other was a $0.03 tailwind.” (CFO & Executive VP Carolyn Burke) Outlook “This strong start puts us solidly on track to deliver again and reaffirm our full year 2026 core EPS guidance of $1.64 to $1.66.” (CEO & Director Poppe) “We're reaffirming our EPS growth guidance for 2027 through 2030, which is unchanged at 9% plus annually.” (CEO & Director Poppe) Management’s guidance posture shifted from Q4’s “raising and tightening our 2026 core EPS guidance range” to Q1’s reaffirmation of the same $1.64 to $1.66 range. (CEO & Director Poppe) Financial Results $0.43 core EPS vs. $0.39 (analysts’ Q1 2026 EPS estimate). (CEO & Director Poppe; analystsEstimates) “Of that, $0....
Sam’s Club members can now pay for one-hour delivery from a neighborhood store, part of Walmart’s strategy to compete with Amazon for online sales. The post Sam’s Club rolls out 1-hour express delivery option appeared first on FreightWaves.
Sam’s Club members can now pay for one-hour delivery from a neighborhood store, part of Walmart’s strategy to compete with Amazon for online sales. The post Sam’s Club rolls out 1-hour express delivery option appeared first on FreightWaves.
Fritz Jorgensen Meta Platforms ( META ) has confirmed to its employees that it will conduct job cuts next month and will close 6,000 open roles in an effort to increase efficiencies and offset heavy spending on its artificial intelligence ambitions. The unconfirmed job cuts were first reported by Reuters last week and are expected in the final weeks of May, with additional reductions anticipated l...
Fritz Jorgensen Meta Platforms ( META ) has confirmed to its employees that it will conduct job cuts next month and will close 6,000 open roles in an effort to increase efficiencies and offset heavy spending on its artificial intelligence ambitions. The unconfirmed job cuts were first reported by Reuters last week and are expected in the final weeks of May, with additional reductions anticipated later in the year. According to a memo from chief people officer Janelle Gale to employees viewed by Bloomberg, the tech company plans to let go of 8,000 employees and won’t hire new employees for 6,000 open roles. “We’re doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we’re making,” Gale said in her memo, adding that the company decided to disclose the job cuts early as a result of leaks. This marks the most significant round of layoffs at the tech company since late 2022 and early 2023, when Meta ( META ) eliminated 21K jobs in what was labeled its “year of efficiency.” Additionally, in its most recent quarterly results, Meta ( META ) said it plans to spend as much as $135B to fund its Meta Superintelligence Labs and AI infrastructure, doubling its capex from 2025. Shares were initially pinned down on the news, dropping 2% from Thursday’s open, but have since recovered off the intraday low. More on Meta Meta Vs. Google: In The Age Of AI, The Ad Crown Is Up For Grabs Meta: Golden Buying Opportunity Before Earnings Meta Platforms: The Long Game Japan weighs age-based social media restrictions amid global push to protect minors Meta tracking employee keystrokes on Google, LinkedIn, Wikipedia as part of AI training project: report