Marvell Technology is emerging as a critical partner for hyperscalers, designing custom AI chips that are more efficient than traditional hardware solutions.
Marvell Technology is emerging as a critical partner for hyperscalers, designing custom AI chips that are more efficient than traditional hardware solutions.
bizoo_n Elon Musk’s Tesla ( TSLA ) reported no change in its bitcoin holdings during Q1 2026, maintaining a total of 11,509 BTC. The giant reported $786M in digital assets as of March 31 and marked an after-tax loss of $173M on its digital assets in Q1. The value of their holdings declined as bitcoin fell from around $90,000 at the start of the year to roughly $68,000 by the end of March. Despite ...
bizoo_n Elon Musk’s Tesla ( TSLA ) reported no change in its bitcoin holdings during Q1 2026, maintaining a total of 11,509 BTC. The giant reported $786M in digital assets as of March 31 and marked an after-tax loss of $173M on its digital assets in Q1. The value of their holdings declined as bitcoin fell from around $90,000 at the start of the year to roughly $68,000 by the end of March. Despite the hit from digital assets, Tesla ( TSLA ) reported better-than-expected earnings but missed on revenue, posting Q1 revenue of $22.39B versus estimates of $22.71B, while earnings per share came in at $0.41, above the $0.37 consensus. Following the results, its shares were up about 4% in after-hours trading. Bitcoin buying by Tesla ( TSLA ) began in January 2021, when it first acquired $1.5B worth of the leading cryptocurrency. The EV maker's holding in bitcoin has remained unchanged since early 2025, even as crypto price volatility impacts earnings, signaling a “hold” stance. More on Tesla Tesla, Inc. (TSLA) Q1 2026 Earnings Call Transcript Tesla, Inc. 2026 Q1 - Results - Earnings Call Presentation Tesla Q1: Why I'm Constructive On The Narrative, But The Stock Is Still A Sell Musk says Tesla, SpaceX to use Intel’s 14A tech in Terafab, lifting Intel shares Tesla signals over $25B 2025-2026 CapEx as it targets Optimus production by late July/August and Robotaxi in a dozen states by year-end
bizoo_n Elon Musk’s Tesla ( TSLA ) reported no change in its bitcoin holdings during Q1 2026, maintaining a total of 11,509 BTC. The giant reported $786M in digital assets as of March 31 and marked an after-tax loss of $173M on its digital assets in Q1. The value of their holdings declined as bitcoin fell from around $90,000 at the start of the year to roughly $68,000 by the end of March. Despite ...
bizoo_n Elon Musk’s Tesla ( TSLA ) reported no change in its bitcoin holdings during Q1 2026, maintaining a total of 11,509 BTC. The giant reported $786M in digital assets as of March 31 and marked an after-tax loss of $173M on its digital assets in Q1. The value of their holdings declined as bitcoin fell from around $90,000 at the start of the year to roughly $68,000 by the end of March. Despite the hit from digital assets, Tesla ( TSLA ) reported better-than-expected earnings but missed on revenue, posting Q1 revenue of $22.39B versus estimates of $22.71B, while earnings per share came in at $0.41, above the $0.37 consensus. Following the results, its shares were up about 4% in after-hours trading. Bitcoin buying by Tesla ( TSLA ) began in January 2021, when it first acquired $1.5B worth of the leading cryptocurrency. The EV maker's holding in bitcoin has remained unchanged since early 2025, even as crypto price volatility impacts earnings, signaling a “hold” stance. More on Tesla Tesla, Inc. (TSLA) Q1 2026 Earnings Call Transcript Tesla, Inc. 2026 Q1 - Results - Earnings Call Presentation Tesla Q1: Why I'm Constructive On The Narrative, But The Stock Is Still A Sell Musk says Tesla, SpaceX to use Intel’s 14A tech in Terafab, lifting Intel shares Tesla signals over $25B 2025-2026 CapEx as it targets Optimus production by late July/August and Robotaxi in a dozen states by year-end
Luis Alvarez/DigitalVision via Getty Images Shares of Packaging Corporation of America ( PKG ) have been a moderate performer over the past year, gaining about 10%. More recently, shares have pulled back from highs amid fears of input inflation and slower demand given the Iran War. That said, the company reported solid Q1 results, pointing to surprising strength in customer demand. I last covered ...
Luis Alvarez/DigitalVision via Getty Images Shares of Packaging Corporation of America ( PKG ) have been a moderate performer over the past year, gaining about 10%. More recently, shares have pulled back from highs amid fears of input inflation and slower demand given the Iran War. That said, the company reported solid Q1 results, pointing to surprising strength in customer demand. I last covered shares of Packaging in January when I downgraded them to “ S ell” primarily due to valuation. While shares rallied a bit further, they are now 6% lower, justifying my cautious stance, and the stock now sits in my $200-$210 price target range. With updated financials and this underperformance, now is a good time to revisit PKG. Seeking Alpha In the company’s first quarter , Packaging Corp. earned $2.40 per share, which beat estimates by $0.27 as revenue jumped 11% to $2.4 billion, thanks in part to M&A. Earnings were up about 4% from last year, given some margin pressure. As a reminder, last year, Packaging acquired Greif, which distorts year-over-year comparisons. As it spends to optimize Greif’s business, costs are temporarily elevated, and Greif reduced earnings by $0.06—severe winter weather also disrupted operations. Still, results were substantially above the $2.20 guidance, reflecting stronger volumes. In total, adjusted EBITDA jumped $64 million, or about 15%, to $486 million. Packaging Corp Daily shipments hit a record in Q1, even excluding the benefit from acquired Greif facilities. Ex-Greif, daily shipments were up a healthy 2.8%, and including the acquisition, shipments were up 22%. As a leading maker of corrugated boxes, PKG’s results are closely tied to economic activity, as box demand typically follows consumer spending patterns (with the shift to e-commerce a further long-term secular tailwind). Results point to the consumer spending environment holding in fairly well. Beyond this, PKG has been a steady market share winner over the past decade, reflecting its...
Pongsak Sapakdee/iStock via Getty Images The following segment was excerpted from the Conestoga Capital Small Cap Composite Portfolio Q1 2026 Commentary. While near-term results were disappointing, we believe the underlying fundamentals of our portfolio companies remain intact, and we continue to focus on owning high-quality businesses with durable growth characteristics that we believe are well-p...
Pongsak Sapakdee/iStock via Getty Images The following segment was excerpted from the Conestoga Capital Small Cap Composite Portfolio Q1 2026 Commentary. While near-term results were disappointing, we believe the underlying fundamentals of our portfolio companies remain intact, and we continue to focus on owning high-quality businesses with durable growth characteristics that we believe are well-positioned to create long-term value. Small Cap Composite - 1Q26 Top 5 Leaders 1. ESCO Technologies, Inc. ( ESE ) ESE is a provider of highly engineered products across aerospace, defense, and utility end markets. The stock reacted to a clear inflection in demand, with orders accelerating sharply and driving a meaningful step-up in backlog and forward visibility. Strength was broad-based but particularly pronounced in Aerospace & Defense, where program activity continues to build. Investors responded to the improving growth trajectory and increased confidence in sustainability, with entered orders up 143% in the quarter. 2. LeMaitre Vascular, Inc. ( LMAT ) LMAT develops and manufactures devices for the treatment of vascular disease. The quarter reinforced the company's ability to consistently convert steady procedure-driven demand into outsized profit growth, supported by pricing and disciplined expense management. Operating leverage was the key driver of the stock with operating income increasing 47% on mid-teens revenue growth. Investors rewarded the combination of steady execution and high visibility in a volatile market. 3. RBC Bearings, Inc. ( RBC ) RBC produces highly engineered bearings and components for aerospace, defense, and industrial markets. Performance was driven by continued strength in aerospace and defense, where demand remains robust and increasingly visible through a growing backlog. The mix shift toward higher-value programs supported both growth and profitability, with aerospace and defense revenue increasing over 40% in the quarter. Investors were draw...
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, oil continues to move higher with the US and Iran locked in a battle for control of the Strai...
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, oil continues to move higher with the US and Iran locked in a battle for control of the Strait of Hormuz. The White House says it's still waiting for a new peace proposal from Iran, but has not set a deadline. The world's biggest chipmaker TSMC says ASML's latest machines are too expensive, dealing a blow to Europe's most valuable company. ASML's most cutting-edge chipmaking machines cost upwards of €350 million ($410 million). And, EU leaders meet in Cyprus to address the mounting pressures facing the bloc. Today's guest: Negah Angha, King's College London, Visiting Fellow. (Source: Bloomberg)
Microsoft ( MSFT ) Thursday announced its largest-ever investment in Australia , committing A$25B ($18B) by 2029 to expand digital infrastructure, AI supercomputing, and cloud capacity. The company expects to see increased growth across commercial cloud and AI/GPU offerings for customers in Australian cloud regions, with plans underway to expand its existing footprint by more than 140% by the end ...
Microsoft ( MSFT ) Thursday announced its largest-ever investment in Australia , committing A$25B ($18B) by 2029 to expand digital infrastructure, AI supercomputing, and cloud capacity. The company expects to see increased growth across commercial cloud and AI/GPU offerings for customers in Australian cloud regions, with plans underway to expand its existing footprint by more than 140% by the end of 2029. The plan, unveiled alongside Prime Minister Anthony Albanese and Microsoft CEO Satya Nadella, also includes expanded cyber defence initiatives and large-scale AI workforce training programs. "Australia has an enormous opportunity to translate AI into real economic growth and societal benefit," Microsoft CEO Satya Nadella, currently visiting Sydney as part of the company's global AI tour, said in a statement. Microsoft and its Big Tech rivals Alphabet ( GOOGL ), Amazon ( AMZN ), and Meta ( META ) will collectively invest about $650B to scale up AI-related infrastructure this year, according to Bridgewater Associates. Thursday's commitment builds on a A$5B investment from October 2023 that saw Microsoft grow its Australian data center presence to 29 sites across three Azure regions, the establishment of the Microsoft-ASD Cyber-Shield, and provided more than one million Australians with digital and AI skills. More on Microsoft Microsoft's Bear Case Is Hard To Buy Microsoft: Don't Buy The Dip; A 30% Correction Is Still Ahead Microsoft: Not Like Meta In 2022 Microsoft looked at buying Cursor before SpaceX deal: report U.S. video game spending jumped 12% YoY in March - Circana
Microsoft ( MSFT ) Thursday announced its largest-ever investment in Australia , committing A$25B ($18B) by 2029 to expand digital infrastructure, AI supercomputing, and cloud capacity. The company expects to see increased growth across commercial cloud and AI/GPU offerings for customers in Australian cloud regions, with plans underway to expand its existing footprint by more than 140% by the end ...
Microsoft ( MSFT ) Thursday announced its largest-ever investment in Australia , committing A$25B ($18B) by 2029 to expand digital infrastructure, AI supercomputing, and cloud capacity. The company expects to see increased growth across commercial cloud and AI/GPU offerings for customers in Australian cloud regions, with plans underway to expand its existing footprint by more than 140% by the end of 2029. The plan, unveiled alongside Prime Minister Anthony Albanese and Microsoft CEO Satya Nadella, also includes expanded cyber defence initiatives and large-scale AI workforce training programs. "Australia has an enormous opportunity to translate AI into real economic growth and societal benefit," Microsoft CEO Satya Nadella, currently visiting Sydney as part of the company's global AI tour, said in a statement. Microsoft and its Big Tech rivals Alphabet ( GOOGL ), Amazon ( AMZN ), and Meta ( META ) will collectively invest about $650B to scale up AI-related infrastructure this year, according to Bridgewater Associates. Thursday's commitment builds on a A$5B investment from October 2023 that saw Microsoft grow its Australian data center presence to 29 sites across three Azure regions, the establishment of the Microsoft-ASD Cyber-Shield, and provided more than one million Australians with digital and AI skills. More on Microsoft Microsoft's Bear Case Is Hard To Buy Microsoft: Don't Buy The Dip; A 30% Correction Is Still Ahead Microsoft: Not Like Meta In 2022 Microsoft looked at buying Cursor before SpaceX deal: report U.S. video game spending jumped 12% YoY in March - Circana