Truth Social has rarely been more important on Wall Street, where traders hang on White House posts that can send the market tumbling or soaring back up again. The company’s stock, though, is much less in vogue. Trump Media & Technology Group Corp. ’s struggle to parlay the president’s power into a successful social-media company was underscored by the departure late Tuesday of Chief Executive Off...
Truth Social has rarely been more important on Wall Street, where traders hang on White House posts that can send the market tumbling or soaring back up again. The company’s stock, though, is much less in vogue. Trump Media & Technology Group Corp. ’s struggle to parlay the president’s power into a successful social-media company was underscored by the departure late Tuesday of Chief Executive Officer Devin Nunes , a dairy-farmer-turned-MAGA-congressman who was plucked to lead the upstart a little over four years ago. The company hasn’t gone the way of Trump steaks, Trump Shuttle or Trump University. But after a promising early run — when meme-stock types hoping for a big score pushed the shares of the shell company that was bringing it to market to as much as $97.54 in early 2022 — it has since tumbled some 90% as it lost hundreds of millions of dollars and only managed to bring in $3.7 million of annual revenue . On Wednesday, Trump Media slipped 0.4% to around $9.80, not far from last month’s record low. “One can argue that the stock is actually performing somewhat decently considering its fundamentals,” said Steve Sosnick , chief strategist at Interactive Brokers. “It’s difficult to imagine any CEO remaining unscathed.” Trump Media is part of a cohort of MAGA-linked stocks that have subsequently petered. GrabAGun Digital Holdings Inc. and American Bitcoin Corp. , both of which have ties to the Trump family, have tumbled sharply. Ditto Phunware Inc. , a money-losing software company that designed the app for Trump’s 2020 campaign, and PSQ Holdings Inc ., which had launched an online marketplace aimed at “freedom-loving Americans.” Trump Media is the parent of the social-media network that President Donald Trump formed after being kicked off of Twitter following the 2021 riot by his supporters in the Capitol. In his second term, Trump has used the site to roll out policies, negotiate with other nations and announce the latest moves in his war against Iran — often ...
The Vanguard Information Technology ETF is seeing unusually high volume in afternoon trading Wednesday, with over 1.5 million shares traded versus three month average volume of about 130,000. Shares of VGT were up about 1.5% on the day. Components of that ETF with the highest
The Vanguard Information Technology ETF is seeing unusually high volume in afternoon trading Wednesday, with over 1.5 million shares traded versus three month average volume of about 130,000. Shares of VGT were up about 1.5% on the day. Components of that ETF with the highest
In trading on Wednesday, the ERShares Private-Public Crossover ETF is outperforming other ETFs, up about 4.5% on the day. Components of that ETF showing particular strength include shares of Coinbase Global, up about 6.1% and shares of Roku, up about 2.5% on the day. And under
In trading on Wednesday, the ERShares Private-Public Crossover ETF is outperforming other ETFs, up about 4.5% on the day. Components of that ETF showing particular strength include shares of Coinbase Global, up about 6.1% and shares of Roku, up about 2.5% on the day. And under
Bureau Veritas SA press release ( BVRDF ): Q1 Revenue of EUR 1.54B. More on Bureau Veritas SA Bureau Veritas SA (BVVBY) Q1 2026 Sales/ Trading Statement Call - Slideshow Bureau Veritas SA 2025 Q4 - Results - Earnings Call Presentation Bureau Veritas SA (BVVBY) Q4 2025 Earnings Call Transcript Seeking Alpha’s Quant Rating on Bureau Veritas SA Historical earnings data for Bureau Veritas SA
Bureau Veritas SA press release ( BVRDF ): Q1 Revenue of EUR 1.54B. More on Bureau Veritas SA Bureau Veritas SA (BVVBY) Q1 2026 Sales/ Trading Statement Call - Slideshow Bureau Veritas SA 2025 Q4 - Results - Earnings Call Presentation Bureau Veritas SA (BVVBY) Q4 2025 Earnings Call Transcript Seeking Alpha’s Quant Rating on Bureau Veritas SA Historical earnings data for Bureau Veritas SA
The Board of Directors of McKesson yesterday declared a regular dividend of 82 cents per share of common stock. The dividend will be payable on July 1, 2026, to shareholders of record on June 1, 2026. The Board of Directors of intelligent power management company Eaton today de
The Board of Directors of McKesson yesterday declared a regular dividend of 82 cents per share of common stock. The dividend will be payable on July 1, 2026, to shareholders of record on June 1, 2026. The Board of Directors of intelligent power management company Eaton today de
may1985/iStock via Getty Images Investment Strategy Invests in a focused portfolio of approximately 50 holdings consisting of companies of any capitalization identified through our fundamental research as demonstrating promising growth potential. Seeks long-term capital appreciation. Portfolio Management Patrick Kelly, CFA Executive Vice President, Portfolio Manager, Head of Alger Capital Apprecia...
may1985/iStock via Getty Images Investment Strategy Invests in a focused portfolio of approximately 50 holdings consisting of companies of any capitalization identified through our fundamental research as demonstrating promising growth potential. Seeks long-term capital appreciation. Portfolio Management Patrick Kelly, CFA Executive Vice President, Portfolio Manager, Head of Alger Capital Appreciation and Spectra Strategies Dr. Ankur Crawford, Executive Vice President and Portfolio Manager Benchmark Russell 1000 Growth Index Highlights During the first quarter of 2026, the largest portfolio sector weightings were Information Technology and Consumer Discretionary. The largest sector overweight was Information Technology and the largest sector underweight was Financials. The Information Technology and Financials sectors contributed to relative performance while Consumer Discretionary and Utilities were among sectors that detracted from relative performance. Market Environment U.S. equities endured a turbulent first quarter, with the S&P 500 Index declining 4.33% as two distinct forces converged to reshape the investment landscape. The period began with a sharp recalibration across the software industry, as the emergence of agentic artificial intelligence (AI) tools raised questions about the durability of traditional software business models. Investors moved swiftly to reprice companies most exposed to AI disruption, triggering a broad sell-off that weighed heavily on the technology-heavy corners of the market. The dislocation also spilled into credit, where several firms with outsized exposure to software faced redemption pressures. Despite this turbulence, the underlying economy remained strong through the opening months of the year — consumers continued to spend, and expectations held firm for another quarter of solid earnings growth within the S&P 500 Index. The second, and more consequential, disruption arrived in late February with the outbreak of the U.S.–Iran ...
President Trump extended the ceasefire with Iran on Tuesday, one day before the two-week agreement would have expired. The announcement came as a surprise, given that the President said earlier in the day that bombing would resume if the U.S. didn't reach a deal with Iran by the time the ceasefire expired. However, the President opted to give the "seriously fractured" Iranian government time to su...
President Trump extended the ceasefire with Iran on Tuesday, one day before the two-week agreement would have expired. The announcement came as a surprise, given that the President said earlier in the day that bombing would resume if the U.S. didn't reach a deal with Iran by the time the ceasefire expired. However, the President opted to give the "seriously fractured" Iranian government time to submit a "unified proposal" to end the war. The indefinite extension of the ceasefire has major implications for the oil market. Here's a look at how this will impact the oil market and how to position your portfolio for what might come next. Image source: Getty Images. Continue reading
At first glance, Enbridge (NYSE: ENB) , Procter & Gamble (NYSE: PG) , and International Business Machines (NYSE: IBM) have very little in common. That's the point. Diversification is important when you build a dividend portfolio. But so is owning good companies. Here's why I have no plans to sell these stocks for the next 20, or more, years. Enbridge is one of North America's largest midstream com...
At first glance, Enbridge (NYSE: ENB) , Procter & Gamble (NYSE: PG) , and International Business Machines (NYSE: IBM) have very little in common. That's the point. Diversification is important when you build a dividend portfolio. But so is owning good companies. Here's why I have no plans to sell these stocks for the next 20, or more, years. Enbridge is one of North America's largest midstream companies. It owns the energy infrastructure that helps to move oil and natural gas around the world. While it is an energy company , it allows me to avoid commodity risk because it charges fees for the use of its assets. The dividend yield is 5.4%, and the dividend has been increased annually for 31 consecutive years, in Canadian dollars. Image source: Getty Images. Continue reading
Yesway Inc. shares jumped 10% in the company’s trading debut, after the convenience store operator raised $280 million in an upsized initial public offering. The company’s shares opened at $22 each on Wednesday in New York, above its IPO price of $20 apiece. Yesway sold 14 million shares at the bottom of its $20 to $23 marketed range. The IPO ended 10 times oversubscribed, people familiar with the...
Yesway Inc. shares jumped 10% in the company’s trading debut, after the convenience store operator raised $280 million in an upsized initial public offering. The company’s shares opened at $22 each on Wednesday in New York, above its IPO price of $20 apiece. Yesway sold 14 million shares at the bottom of its $20 to $23 marketed range. The IPO ended 10 times oversubscribed, people familiar with the matter said earlier. Backed by Boston-based private equity firm Brookwood Financial Partners, Yesway is renowned for its food service offerings, diverse grocery selections and private-label products. As of Dec. 31, it had 448 locations across nine states, and has agreed to sell 29 of them by the end of this year, the filings show. In 2019, it acquired convenience store chain Allsup’s, which is known for its deep-fried burritos. Yesway had previously filed in 2021 for an IPO before withdrawing plans the following year after the IPO market effectively closed as interest rates rose. For the latest news on equity capital markets activity in the US, Canada and Latin America, follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . Convenience store stocks have been popular on Wall Street, thanks to their defensive profile and value-oriented food options. Stock prices for a handful of public firms have climbed this year, with Casey’s General Stores Inc. gaining 41%, Murphy USA Inc. rising 27% and Arko Corp. jumping 43%. The offering was led by Morgan Stanley , JPMorgan Chase & Co. and Goldman Sachs Group Inc. The company’s shares trade on the Nasdaq Stock Market under the symbol YSWY.
Director Marcos Marcelo Mindlin reported the sale of 1,250,000 shares of Pampa Energía S.A. (NYSE:PAM) common stock on April 20, 2026, according to an SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($3.43). 1-year performance calculated using April 20, 2026 as the reference date. Continue reading
Director Marcos Marcelo Mindlin reported the sale of 1,250,000 shares of Pampa Energía S.A. (NYSE:PAM) common stock on April 20, 2026, according to an SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($3.43). 1-year performance calculated using April 20, 2026 as the reference date. Continue reading
Maskot/DigitalVision via Getty Images National averages at the gas pump are up about $1.00/gallon from last year. At over $4.00/gallon , one could reasonably question the true elasticity of gasoline. In other words, how high would gasoline per gallon have to rise before consumers pulled back? Based on the March retail report , it appears consumers still have more in their wallet tanks. AAA - Summa...
Maskot/DigitalVision via Getty Images National averages at the gas pump are up about $1.00/gallon from last year. At over $4.00/gallon , one could reasonably question the true elasticity of gasoline. In other words, how high would gasoline per gallon have to rise before consumers pulled back? Based on the March retail report , it appears consumers still have more in their wallet tanks. AAA - Summary Of Gas Prices From 2023 - 2026 That was one of my key takeaways from the March retail report, which showed retail prices rising 1.7% last month. This was above the 0.7% increase reported in February. Equity markets have been somewhat out of tune with recent data releases. Equities have risen in recent days, including following the release of the March retail report. The Dow Jones Industrial Average ( DJI ), for example, was up about 300 points in the early hours of Wednesday, while the S&P 500 ( SPY ) and Nasdaq Composite ( NDX ) were also up a respective 40 and 200 points. These gains have not necessarily been attributable to the macro data dumps. Rather, its been more due to the back and forth updates out of the White House relating to the war with Iran. In my view, the March retail report is unlikely to factor materially into broader performance or Federal Reserve (“Fed”) policy, for that matter. The report, nonetheless, remains an important one to unpack for context. Here’s what to know. Why Did Retail Sales Spike In March? Someone looking at just the headline 1.7% jump in March retail sales could likely be forgiven for attributing it to a consumer strength story. In reality, the spike is more of a gasoline story. U.S. Commerce Dept: Snapshot Of March Retail Report Sales at gas stations popped 15.5% on the month. To perhaps little surprise, this came as prices at the pump skyrocketed following the escalation of the war with Iran and the effective closure of the Strait of Hormuz . With national averages up about 30% YOY, Americans weren’t necessarily buying more fuel,...
Janet Fordham died in crash after travelling to see man who claimed he would help to recover money from earlier scams A British woman who was scammed of up to £1m in a string of so-called “romance frauds” died in a road crash after travelling to west Africa to try to recoup some of her lost fortune, an inquest in Devon has heard. Janet Fordham, 69, was cheated of her life savings and her home over...
Janet Fordham died in crash after travelling to see man who claimed he would help to recover money from earlier scams A British woman who was scammed of up to £1m in a string of so-called “romance frauds” died in a road crash after travelling to west Africa to try to recoup some of her lost fortune, an inquest in Devon has heard. Janet Fordham, 69, was cheated of her life savings and her home over five years by fraudsters apparently based in the UK, Germany, the US and Ghana, the inquest in Exeter was told. Continue reading...
billnoll/E+ via Getty Images NVR ( NVR ) stock dropped 5.9% in Wednesday midday trading after the homebuilder and mortgage banking company's Q1 earnings failed to meet the Wall Street consensus amid a weak housing market. Q1 EPS of $67.76 , missing the average analyst estimate of $79.20, declined from $94.83 in the year-ago period. Q1 revenue of $1.88B, vs. the $2.02B consensus, decreased from $2....
billnoll/E+ via Getty Images NVR ( NVR ) stock dropped 5.9% in Wednesday midday trading after the homebuilder and mortgage banking company's Q1 earnings failed to meet the Wall Street consensus amid a weak housing market. Q1 EPS of $67.76 , missing the average analyst estimate of $79.20, declined from $94.83 in the year-ago period. Q1 revenue of $1.88B, vs. the $2.02B consensus, decreased from $2.41B a year ago. Settlements in Q1 sank 22% Y/Y to 4,015, primarily from a 15% lower backlog balance of homes sold but not settled entering Q1 2026 compared to the same period in 2025. The average settlement price of $457K stayed flat from the year-ago quarter. New orders rose 7% to 5,738 units, while the average sales price of new orders slipped 2% to $440.1K. The cancellation rate improved to 14% from 16% in Q1 2025. Homebuilding revenue of $1.83B fell 22%. Gross profit margin narrowed to 19.6% from 21.9% a year ago on pricing pressure and higher lot costs. Mortgage banking loan production totaled $1.05B, down 27% Y/Y. NVR's ( NVR ) effective tax rate in Q1 declined to 21.2% from 25.5% in the same period last year. More on NVR Why NVR Is A Buy After Earnings NVR: There Are Better Homes For Your Money (Downgrade) NVR GAAP EPS of $67.76 misses by $11.44, revenue of $1.88B misses by $140M Quant Rating Check: How top homebuilders rank after QXO’s $17B TopBuild deal Seeking Alpha’s Quant Rating on NVR
mysondanube As part of the company’s efforts to expand coffeehouses across the Southeast, Starbucks ( SBUX ) will invest $100M to open a corporate office in Nashville, Tennessee, to employ as many as 2K workers over the next five years. Besides state tax breaks, Starbucks ( SBUX ) will receive a year’s free rent at the new location. Certain operations currently being conducted at the Seattle headq...
mysondanube As part of the company’s efforts to expand coffeehouses across the Southeast, Starbucks ( SBUX ) will invest $100M to open a corporate office in Nashville, Tennessee, to employ as many as 2K workers over the next five years. Besides state tax breaks, Starbucks ( SBUX ) will receive a year’s free rent at the new location. Certain operations currently being conducted at the Seattle headquarters will be moved to Nashville once the facility is completed in 2027. These include roles tied to the Southeast expansion, functions previously outsourced to contractors, and certain unspecified roles currently performed by Seattle-based employees. Some technology positions in Seattle will also be transferred to Nashville, most likely to avoid a 6.5% Washington state tax on IT services. While most of the company’s corporate staff will remain in Seattle, Washington’s tax structure and business climate have led to speculation that Niccol’s move to Nashville may signal a gradual shift away from Seattle. Last November, Seattle’s then mayor-elect Katie Wilson urged a boycott of the company during a strike of the company’s baristas. While at Chipotle ( CMG ), Niccol moved the company’s headquarters to California from Denver, Colorado. Separately, beginning May 11, Starbucks ( SBUX ) customers can order coffee up to one hour ahead of time using the Mobile Order & Pay app. Scheduled ordering allows customers to select a pickup time when placing their order instead of ordering for immediate pickup. Powered by Starbucks’ ( SBUX ) Smart Queue algorithm, pickup times reflect real-time availability at each location. More on Starbucks Starbucks: The Financial Brew Sours Starbucks Corporation (SBUX) Shareholder/Analyst Call - Slideshow Starbucks: Full Price For A Half-Brewed Turnaround Starbucks adds a ChatGPT twist to the coffee run Starbucks' China franchise deal improves visibility into turnaround -- Jefferies