yuelan/iStock Editorial via Getty Images ABB ( ABBNY ) shares climbed to an all-time high on Wednesday after the Swiss industrial technology group raised its full-year sales and profitability outlook, helped by strong demand tied to data centers and power infrastructure. The stock rose nearly 6% in early trading as investors responded to stronger-than-expected first-quarter results and an improved...
yuelan/iStock Editorial via Getty Images ABB ( ABBNY ) shares climbed to an all-time high on Wednesday after the Swiss industrial technology group raised its full-year sales and profitability outlook, helped by strong demand tied to data centers and power infrastructure. The stock rose nearly 6% in early trading as investors responded to stronger-than-expected first-quarter results and an improved outlook for 2026. ABB ( ABBNY ) said rapid expansion in data centers, along with momentum across its electrification division, has helped counter uncertainty linked to the war in Iran and broader geopolitical risks. The company is also benefiting from increased spending by utilities upgrading electrical grids, as well as investment in electrified transport systems and automation projects at ports and cruise terminals. ABB ( ABBNY ) now expects 2026 comparable revenue growth in the high single-digit to low double-digit percentage range, up from prior guidance of 6% to 9%. It also said its operational earnings before interest, tax, depreciation and amortization margin should improve this year, compared with earlier guidance that called for only a modest increase. Strong outlook contrasts with economic caution ABB’s ( ABBNY ) upbeat tone stands out against a more cautious global economic backdrop. The International Monetary Fund recently lowered its global growth forecast, citing rising energy costs associated with the Iran conflict. Chief Executive Morten Wierod said the company’s stronger guidance reflects healthy demand trends and continued resilience among customers. Wierod added that demand for automation and electrification products should strengthen further as energy consumption rises and companies pursue productivity improvements. He also said demand from AI-linked data center projects remains on a rapid growth trajectory. Orders surge past expectations ABB ( ABBNY ) reported first-quarter sales of $8.73 billion, up 18% from a year earlier and above analyst expectatio...
jetcityimage/iStock Editorial via Getty Images In this article, I will be reviewing the development, the upside, and the validity of the movement of Pitney Bowes Inc. ( PBI ). I reviewed this company a few months ago in this article, found the company interesting, and rated it a “Hold.” I considered the company to be too unsafe to be a valid or high-conviction sort of investment, citing balance sh...
jetcityimage/iStock Editorial via Getty Images In this article, I will be reviewing the development, the upside, and the validity of the movement of Pitney Bowes Inc. ( PBI ). I reviewed this company a few months ago in this article, found the company interesting, and rated it a “Hold.” I considered the company to be too unsafe to be a valid or high-conviction sort of investment, citing balance sheet issues and other factors. The recent moves by the company in terms of share price go against my thesis and render it, currently at least, invalid. The outperformance has been significant, as you can see in the cited articles. The outperformance that we've in fact seen since that article suggests to me that I missed something in my last piece, or the market has taken a position of exuberance based on too little information. My ambition in this article is to determine whether this was in fact exuberance or whether I missed something of importance in my last piece. Speaking in favor of the former, not the latter, my rating at the time of the article reflected a broader market view of caution for PBI. Despite current positivity for PBI from both Quant and SA analysts, Wall Street is currently still at “Hold.” PBI has a generally attractive, or at least fundamentally safe, set of operations, but it's too far to say that the company has been “outperforming” anything over the long term. For the 10-year period, PBI has severely underperformed the SPY, generating negative returns of 30%. The recent upswing has only been visible since a significant decline, which saw the company go to bottom-level valuations back in 2019. However, the valuation trend seems to currently be that the company's price at that time was too little, and the lows in 2023 and 2024 have now given way to significant upside in 2025-2026E. So what changes are the company seeing that are causing some analysts, who have recently been neutral at much lower prices than today, to go from “Hold” to “Buy”? Is this, i...
Artificial intelligence (AI) has been growing by leaps and bounds, fueling the growth of many companies, such as those that build or run the data centers housing the technology to run AI processes. Some are worrying this growth in AI is a bubble -- and one that will burst one day, taking down semiconductor stocks with it. Investors in the VanEck Semiconductor ETF (NASDAQ: SMH) may worry, too, as t...
Artificial intelligence (AI) has been growing by leaps and bounds, fueling the growth of many companies, such as those that build or run the data centers housing the technology to run AI processes. Some are worrying this growth in AI is a bubble -- and one that will burst one day, taking down semiconductor stocks with it. Investors in the VanEck Semiconductor ETF (NASDAQ: SMH) may worry, too, as the ETF (and others like it) is entirely invested in semiconductor companies . Here's a look at whether the concern is warranted. Image source: Getty Images. Continue reading
Axe Compute ( AGPU ) stock price skyrocketed above 166% to $13.61 a share as it signed a $260M , three-year enterprise contract to deploy a large-scale AI infrastructure cluster powered by Nvidia ( NVDA ) B300 GPUs. The agreement covers the delivery of 2,304 NVIDIA B300 GPUs along with AI-focused high-speed storage, all hosted in a single U.S.-based Tier 3 data center. The 36-month contract includ...
Axe Compute ( AGPU ) stock price skyrocketed above 166% to $13.61 a share as it signed a $260M , three-year enterprise contract to deploy a large-scale AI infrastructure cluster powered by Nvidia ( NVDA ) B300 GPUs. The agreement covers the delivery of 2,304 NVIDIA B300 GPUs along with AI-focused high-speed storage, all hosted in a single U.S.-based Tier 3 data center. The 36-month contract includes renewal options and is structured with deposits, prepayments, and monthly advance payments under a take-or-pay model, providing Axe Compute with long-term revenue visibility. “This agreement is a signal. Enterprise AI customers are no longer willing to adapt their infrastructure roadmaps to the capacity constraints of legacy hyperscalers. A 2,304-GPU B300 deployment, contracted, dedicated, U.S.-based, and priced to compete, is what purpose-built AI infrastructure looks like. We intend to replicate this commercial structure at scale.” said CEO, Christopher Miglino. More on Axe Compute Axe Compute Inc. (AGPU) Q4 2025 Earnings Call Prepared Remarks Transcript Axe Compute outlines $7.7M in contracted 2026 income following $12M in signed contract value Predictive Oncology GAAP EPS of -$13.37, revenue of $125.2M Financial information for Predictive Oncology
FAA investigates event of one jet flying too close to another, though both crews responded to alerts and landed safely The US Federal Aviation Administration said on Tuesday it was investigating a close call at New York’s John F Kennedy international airport between two passenger jets. “The crew of Republic Airways Flight 4464 performed a go-around at John F Kennedy International Airport after m...
FAA investigates event of one jet flying too close to another, though both crews responded to alerts and landed safely The US Federal Aviation Administration said on Tuesday it was investigating a close call at New York’s John F Kennedy international airport between two passenger jets. “The crew of Republic Airways Flight 4464 performed a go-around at John F Kennedy International Airport after missing the intended approach path and flying too close to Jazz Aviation Flight 554, which was cleared to land on a parallel runway. Both flight crews responded to onboard alerts,” the FAA said in a statement about the Monday incident. Continue reading...
PLA warships transited sensitive international waterways off southwestern Japan twice this week, a rare move seen as a clear warning to Tokyo over its recent actions relating to Taiwan. The transits marked the start and end of exercises in the western Pacific, outbound through the Yokoate Channel on Sunday and back via the Yonaguni-Iriomote Waterway on Wednesday. In a statement on Wednesday, the E...
PLA warships transited sensitive international waterways off southwestern Japan twice this week, a rare move seen as a clear warning to Tokyo over its recent actions relating to Taiwan. The transits marked the start and end of exercises in the western Pacific, outbound through the Yokoate Channel on Sunday and back via the Yonaguni-Iriomote Waterway on Wednesday. In a statement on Wednesday, the Eastern Theatre Command of the People’s Liberation Army said: “[We] have organised the 133rd Fleet to...
Former Moldovan strongman Vladimir Plahotniuc was sentenced to 19 years in prison for his involvement in a $1 billion banking fraud that left the nation on the verge of bankruptcy over a decade ago. A court in the capital Chisinau on Wednesday found Plahotniuc guilty on all charges, including creating and leading a criminal organization, fraud and money laundering. He denied any wrongdoing. Plahot...
Former Moldovan strongman Vladimir Plahotniuc was sentenced to 19 years in prison for his involvement in a $1 billion banking fraud that left the nation on the verge of bankruptcy over a decade ago. A court in the capital Chisinau on Wednesday found Plahotniuc guilty on all charges, including creating and leading a criminal organization, fraud and money laundering. He denied any wrongdoing. Plahotniuc’s lawyer Lucian Rogac told reporters on Wednesday that the tycoon plans to appeal the court’s decision, claiming fundamental rights have been reached and that the entire trial is politically motivated. Moldova, now led by the pro-European Union administration of President Maia Sandu , has been struggling for years to clean up its judiciary and recover investor trust after the 2014 banking fraud that involved Moldova’s three major banks as well as high-ranking politicians. Plahotniuc was long regarded as the most powerful man — and once the richest — in the small eastern European nation wedged between Ukraine and Romania. However, his dominance was cut short when Sandu allied with her opponents to topple him in 2019. Following his extradition from Greece in September last year, Plahotniuc was placed in detention in Chisinau. He remains controversial in Moldova as politicians from across the spectrum have claimed over the years that he orchestrated massive corruption schemes, which he’s denied.
hapabapa Alphabet's ( GOOG ) ( GOOGL ) unit Google Cloud and McKinsey have launched the McKinsey Google Transformation Group to scale enterprise impact in the AI era. The new group combines McKinsey's strategy and industry expertise and technology delivery capabilities with Google Cloud's AI stack — including compute accelerators, multimodal Gemini models, and Gemini Enterprise — to help clients t...
hapabapa Alphabet's ( GOOG ) ( GOOGL ) unit Google Cloud and McKinsey have launched the McKinsey Google Transformation Group to scale enterprise impact in the AI era. The new group combines McKinsey's strategy and industry expertise and technology delivery capabilities with Google Cloud's AI stack — including compute accelerators, multimodal Gemini models, and Gemini Enterprise — to help clients turn AI ambition into sustained business value. The companies said they will deliver this value through joint teams, co-funded value assessments, and outcome-based models, creating an end-to-end experience while reducing upfront investment and aligning to measurable results. The companies added that Google and McKinsey teams will work together to develop AI-powered client solutions built on Google Cloud, using McKinsey's industry insights to create reusable proprietary assets that speed time to value and support scaled adoption. "By bringing together McKinsey's strategic guidance with Google Cloud's AI platform, we're helping organizations reimagine entire value chains and build the agentic enterprises that will define the next era of global industry," said Thomas Kurian, CEO, Google Cloud. Underpinning this effort, McKinsey is investing to scale its Google Cloud expertise and delivery capabilities across infrastructure and AI, the companies added. More on Alphabet Alphabet: Insane Performance, With Future Strength Alphabet: A Powerful Earnings Beat Likely Coming Again (Earnings Preview) Alphabet: AI-Powered Google Finance Is A Masterstroke Google Cloud gets major win as Mars taps Gemini Enterprise for workforce The earnings tightrope: Will Mag 7 bulls pivot to bottom fishing?