In this article EMG-GB ARES Follow your favorite stocks CREATE FREE ACCOUNT AI is forcing a reckoning for private credit's huge software bet, with prominent investors telling CNBC that the technology will forge winners and losers, rather than wipe it out in the so-called " SaaSpocalypse ." Private credit specialists at firms, including Ares and Man Group , told CNBC that AI would force lenders to ...
In this article EMG-GB ARES Follow your favorite stocks CREATE FREE ACCOUNT AI is forcing a reckoning for private credit's huge software bet, with prominent investors telling CNBC that the technology will forge winners and losers, rather than wipe it out in the so-called " SaaSpocalypse ." Private credit specialists at firms, including Ares and Man Group , told CNBC that AI would force lenders to distinguish between software companies that could adapt and those that would disruption. When concerns around the "SaaSpocalypse," or software apocalypse, emerged earlier this year, Ares co-president Blair Jacobsen said the firm took notice —"but it wasn't a big surprise." watch now VIDEO 5:53 05:53 'SaaSpocalypse' is creating winners and losers, Ares' Blair Jacobsen says Squawk Box Europe Jacobsen said the dialog around AI's impact on companies has shifted since the sharp tech sell-off in February, sparked by fears that AI would make much software obsolete. Software stocks have since pared losses, with the iShares Expanded Tech-Software Sector ETF surging 21% in May, and advancing 9% on a three-month basis. "Now there's a view there will be winners and losers," said Jacobsen, who was speaking to CNBC's Annette Weisbach on day two of this year's SuperReturn International private equity and venture capital conference in Berlin. "Some companies will be able to adapt to AI, and some will face more challenges. We've seen that in loan and bond prices, the equity prices of software in general — there are both opportunities and risks." The cost of failure Jacobsen said that Ares, which has invested in software for more than 15 years, sees opportunity in companies that provide mission-critical services, including enterprise resource planning systems in regulated industries. In those areas, the cost of switching — or failure — can be high, giving stronger software businesses a layer of protection even as AI disrupts the broader market. "The cost of failure is very high, so again we ...
We are selling 100 shares of Cardinal Health at roughly $219. Following the trade, Jim Cramer's Charitable Trust will own 425 shares of CAH, reducing its weighting in the portfolio to 2.45% from 3.00%. We're making another sale on Wednesday to bring our cash position closer to Jim's stated goal of 12%, per today's Morning Meeting, to hedge against volatility around Friday's SpaceX IPO. Until now, ...
We are selling 100 shares of Cardinal Health at roughly $219. Following the trade, Jim Cramer's Charitable Trust will own 425 shares of CAH, reducing its weighting in the portfolio to 2.45% from 3.00%. We're making another sale on Wednesday to bring our cash position closer to Jim's stated goal of 12%, per today's Morning Meeting, to hedge against volatility around Friday's SpaceX IPO. Until now, our four sales this week have focused on locking in gains from stocks that have outperformed this year and are vulnerable to a pullback. We're taking a different approach to this trim, reducing a position that has struggled since we bought it but has recently found new momentum amid the market's rotation into health care and other defensive sectors. We're not calling Cardinal Health a win. This position is still slightly in the red, and this trim will lock in a loss of about 6% on the shares we bought in March. We'll also downgrade our rating to a 2 from a buy-equivalent 1. But we stuck with Cardinal after the stock sold off following earnings and even added 50 shares when it dropped to about $200. While most investors have been focused on tech, Cardinal Health has quietly gained nearly 10% since the last purchase, outpacing the S & P 500's broader gain of just over 2%. Rotations can end abruptly in this fast-moving market, so we're taking advantage of recent strength to protect ourselves in case the move loses momentum. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO F...
smrm1977/iStock via Getty Images Foreword This article is based on three months accumulated Barron’s stock picks revealing 32 select stocks. Digging Up Dividends From Barron’s 32 Recent Picks You may find investment ideas for your portfolio with the latest stock picks from Barron’s below. These picks are the product of the Barron’s newsroom and are their best ideas based on original reporting and ...
smrm1977/iStock via Getty Images Foreword This article is based on three months accumulated Barron’s stock picks revealing 32 select stocks. Digging Up Dividends From Barron’s 32 Recent Picks You may find investment ideas for your portfolio with the latest stock picks from Barron’s below. These picks are the product of the Barron’s newsroom and are their best ideas based on original reporting and data analysis, “free from conflicts of interest,” they say. Links to the original articles are in place. Top ten dividends in the batch ranged in yield from 1.33% to 5.16%. The articles referenced in Barrons.com were: Palo Alto’s Stock Rally Hits Pause After Earnings. Stick With Our Recent Pick. published on Jun 4, 2026 4:18 am ET / stock picked on Apr 29, 2026 Ticker PANW Buy Tapestry Stock to Profit From Gen Z’s Retro Tastes Jun 3, 2026 7:55 pm ET Ticker TPR Our Okta Stock Pick is Up 63%. Why We See More Upside Ahead. published on Jun 3, 2026 9:43 am ET / stock picked on Feb 4, 2026 Ticker OKTA Motorola: Always Moving Forward Jun 2, 2026 7:55 pm ET Ticker MSI Our Dell Stock Pick Is Flying Off the Charts. We’re Sticking With it. published on May 30, 2026 4:03 am ET / stock picked on Oct 8, 2025 Ticker DELL Idacorp Stock Is Still a Buy published on May 30, 2026 4:00 am ET / stock picked on May 22, 2025 Ticker IDA This Oilfield-Services Stock Is Just Getting Started May 27, 2026 7:55 pm ET Ticker SLB American Airlines Keeps Climbing. We Still Like the Stock. published on May 29, 2026 2:40 am ET / stock picked on Feb 25, 2026 Ticker AAL In vestors Who Like GE Aerospace Should Love Its European Partner May 26, 2026 7:55 pm ET Ticker SAFRY Stellantis Announces Turnaround Plans. The Stock Is Still a Buy. published on May 23, 2026 4:04 am ET / stock picked on Feb 11, 2026 Ticker STLA Our Cadre Holdings Pick Has Disappointed. We’re Sticking With It. published on May 23, 2026 1:58 am ET / stock picked on Mar 4, 2026 Ticker CDRE Carpenter Technology: This Stock Will Melt Up May 20, ...
Sven Piper/iStock Editorial via Getty Images S&P Global ( SPGI ) estimates that Space Exploration Technologies ( SPCX ) could be eligible for a fast-track entry into some S&P Dow Jones indexes, excluding S&P 500 ( SP500 ), Bloomberg News reported , citing an email statement. Elon Musk's SpaceX ( SPCX ) is raising about $75B in its IPO, priced at $135 per share, targeting a $1.75T valuation. Final ...
Sven Piper/iStock Editorial via Getty Images S&P Global ( SPGI ) estimates that Space Exploration Technologies ( SPCX ) could be eligible for a fast-track entry into some S&P Dow Jones indexes, excluding S&P 500 ( SP500 ), Bloomberg News reported , citing an email statement. Elon Musk's SpaceX ( SPCX ) is raising about $75B in its IPO, priced at $135 per share, targeting a $1.75T valuation. Final pricing is expected to be disclosed on June 11. The company is expected to meet MSCI's ( MSCI ) size and free-float criteria for early index inclusion. If MSCI decides to add the stock to its indexes, the decision would be effective as of the close of its tenth day of trading. Nasdaq ( NDAQ ) already updated its rules to allow faster inclusion of newly listed megacaps into the Nasdaq 100 index ( COMP:IND ). FTSE Russell also announced fast-entry rules for Russell U.S. Equity Indexes and FTSE Global Equity Index Series. These are the indexes SpaceX will most likely enter early. But S&P Global ( SPGI ) decided not to change its criteria for entry into the benchmark S&P 500, including a rule that requires a company to be profitable. SpaceX ( SPCX ) reported a net loss of $4.94B in 2025. If fast-track entry is confirmed, SPCX could be added to relevant Dow Jones indexes before the market opens on Monday, June 22. The company could be assigned the Alternative Carriers sub-industry group within the Communication Services Sector, the Wednesday Bloomberg report noted. In May, Dow Jones Indices was considering rule changes for megacap companies seeking to IPO into its indexes. The proposed changes, including to financial viability screens, seasoning period, or minimum Investible Weight Factor, were set to apply to the S&P 500 ( SP500 ), S&P MidCap 400 ( SP400 ), and S&P SmallCap 600 ( SP600 ) indexes. However, the index provider declared that no changes would be made to the eligibility criteria after a consultation. More on SpaceX, S&P Global Market Brief: What You Need To Know Bef...
In early trading on Wednesday, shares of Lumentum Holdings topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.1%. Year to date, Lumentum Holdings registers a 132.0% gain. And the worst performing Nasdaq 100 component thus far on the d
In early trading on Wednesday, shares of Lumentum Holdings topped the list of the day's best performing components of the Nasdaq 100 index, trading up 4.1%. Year to date, Lumentum Holdings registers a 132.0% gain. And the worst performing Nasdaq 100 component thus far on the d
The use of social media in planning violent protests over the Belfast knife attack has drawn condemnation, with Britain’s ruling Labour Party accusing Elon Musk of stoking divisions. The tech billionaire, who continued overnight to promote calls for people to take to the streets in response to the assault, hit back at the claims and blamed immigration policy for the tensions. Hadi Alodid, a 30-yea...
The use of social media in planning violent protests over the Belfast knife attack has drawn condemnation, with Britain’s ruling Labour Party accusing Elon Musk of stoking divisions. The tech billionaire, who continued overnight to promote calls for people to take to the streets in response to the assault, hit back at the claims and blamed immigration policy for the tensions. Hadi Alodid, a 30-year-old Sudanese man, was remanded in custody after appearing in court charged with attempted murder...
METZINGEN, Germany, June 10, 2026--NEURA Robotics ("NEURA"), the pioneer in cognitive robotics and creator of the Neuraverse, today announced a landmark Series C financing with a total round size of up to $1.4 billion to accelerate its mission of building the world’s leading Physical AI platform. The financing brings together global leaders across AI, robotics, compute, manufacturing and industria...
METZINGEN, Germany, June 10, 2026--NEURA Robotics ("NEURA"), the pioneer in cognitive robotics and creator of the Neuraverse, today announced a landmark Series C financing with a total round size of up to $1.4 billion to accelerate its mission of building the world’s leading Physical AI platform. The financing brings together global leaders across AI, robotics, compute, manufacturing and industrial infrastructure, including Tether, Qualcomm Technologies, Inc., Amazon, NVIDIA, imec.xpand, Bosch,
Reflexpixel/iStock via Getty Images Investment thesis Note: This is an update to my previous article . Velo3D ( VELO ) has been scaling its Rapid Production Solutions ("RPS") segment, which was a key part of the thesis since it would mean higher margins and more recurring revenue for the company. The problem is that the stock has already reflected much of that progress, and the shares have rallied...
Reflexpixel/iStock via Getty Images Investment thesis Note: This is an update to my previous article . Velo3D ( VELO ) has been scaling its Rapid Production Solutions ("RPS") segment, which was a key part of the thesis since it would mean higher margins and more recurring revenue for the company. The problem is that the stock has already reflected much of that progress, and the shares have rallied more than 150% since my previous article, while the turnaround is still incomplete and sustained profitability remains a future goal rather than a reality. In my view, the business looks stronger today, but the valuation no longer looks nearly as compelling as before. For that reason, I'm assigning a Hold rating. RPS is no longer just a promise When I last covered Velo3D, the investment case depended on whether Rapid Production Solutions could become a meaningful part of the business. If you don't recall, this was a new offering where the customer purchases the 3D printer, but Velo3D operates it at its own facilities, reducing costs for the customer and creating a recurring revenue for Velo. Well, six months have passed, and I think there's more evidence to evaluate this. Back then, RPS was mostly a concept, and there was no clear data on what percentage it represented of total sales, but management said that it could make revenue less dependent on large one-time sales and create a more predictable business model. After the recent Q1 2026 , management said that RPS already represents 25% of revenue and half of the backlog. Also, many of the contracts announced in recent months were awarded under the RPS segment, including the $11.5 million defense award that represents 15-20% of FY2026 expected revenue, so it's a huge award. Velo3D investor presentation Also, in my previous article, one of the central pillars was that RPS could stabilize margins and reduce the volatile costs of selling the expensive equipment. While there's a long way to go, gross margin improved from 7.5%...
alengo/E+ via Getty Images Evolv Technologies’ ( EVLV ) eXpedite bag screening technology has received SAFETY Act Designation from the U.S. Department of Homeland Security, providing arenas, stadiums, theaters, schools, and public places with another level of weapons detection. The SAFETY Act is intended to encourage the deployment of technologies designed to help detect, deter, or mitigate acts o...
alengo/E+ via Getty Images Evolv Technologies’ ( EVLV ) eXpedite bag screening technology has received SAFETY Act Designation from the U.S. Department of Homeland Security, providing arenas, stadiums, theaters, schools, and public places with another level of weapons detection. The SAFETY Act is intended to encourage the deployment of technologies designed to help detect, deter, or mitigate acts of terrorism and may provide certain liability protections under federal law. With this recent designation for eXpedite, Evolv’s ( EVLV ) core weapons detection products (including Evolv Express) are now recognized as Qualified Anti-Terrorism Technologies under the SAFETY Act. More on Evolv Technologies Evolv Technologies Holdings, Inc. (EVLV) Presents at TD Cowen's 54th Annual Technology, Media & Telecom Conference Transcript Evolv Technologies Holdings, Inc. (EVLV) Q1 2026 Earnings Call Prepared Remarks Transcript Evolv Technologies Holdings, Inc. (EVLV) Q1 2026 Earnings Call Transcript Evolv forecasts $175M-$180M 2026 revenue while targeting over 10,000 units deployed Evolv Technologies Non-GAAP EPS of -$0.02 in-line, revenue of $46.3M beats by $2.6M
Yahoo Finance Senior Autos Reporter Pras Subramanian joins Julie Hyman on Market Catalysts to discuss General Motors' (GM) partnership with Peak Energy, placing a big bet on sodium-ion batteries. This comes one month after Ford (F) launched Ford Energy to develop energy storage batteries.
Yahoo Finance Senior Autos Reporter Pras Subramanian joins Julie Hyman on Market Catalysts to discuss General Motors' (GM) partnership with Peak Energy, placing a big bet on sodium-ion batteries. This comes one month after Ford (F) launched Ford Energy to develop energy storage batteries.
PM Images/DigitalVision via Getty Images When it comes to investing in Verizon Communications Inc. ( VZ ), the core of the bull case hasn't changed, and Verizon continues to exceed $20 billion of annualized free cash flow (FCF). Investors are still collecting a dividend of around 6.2%, and the recent decline of 12% from its 52-week highs has created an opportunity for income investors to add to th...
PM Images/DigitalVision via Getty Images When it comes to investing in Verizon Communications Inc. ( VZ ), the core of the bull case hasn't changed, and Verizon continues to exceed $20 billion of annualized free cash flow (FCF). Investors are still collecting a dividend of around 6.2%, and the recent decline of 12% from its 52-week highs has created an opportunity for income investors to add to their position. Verizon now has a CEO who is squeezing real operating leverage out of it, and this comes at a time when the market's focus is on semiconductors and the AI trade. The company is likely to become a large beneficiary of AI on the operational side, and while it may not be a direct play that grabs headlines, it does stand to benefit. From an income investor perspective, there is a lot to like as Verizon guided for roughly 7% of FCF growth this year, which continues to improve the dividend coverage. As the risk-free rate of return drifts lower in the future, I believe that a safe yield over 6% attached to a business that's growing earnings again gets a lot more interesting than it was last year. I am bullish on Verizon, and I have been adding to my position when opportunities present themselves. I think that under $47 is an opportunity for income investors, as companies with hard assets generating tens of billions in FCF are hard to find. Seeking Alpha Following Up On My Previous Article About Verizon The last time I wrote an article about Verizon was back in December ( can be read here ), and since then shares have increased by 11.51% while the S&P 500 has increased by 8.41%. The total return from Verizon is 15.15% when the dividends are taken into consideration over this time period. My thesis had changed a bit because Dan Schulman had just taken over with a compensation package loaded into equity and performance share units tied to share prices between $55 and $75. I argued the market was mispricing the cash flow because it misunderstood the debt load and that Mr...
Richard Drury/DigitalVision via Getty Images Dear Shareholders For the quarter ended March 31, 2026, the net asset value per Class I Share of The Gabelli Global Content & Connectivity Fund ( GTTIX ) decreased by 1.3%, outperforming MSCI AC World Communication Services Index, which recorded a loss of 7.8%. Global equities declined in the first quarter of 2026, with the MSCI AC World Index down 3.1%...
Richard Drury/DigitalVision via Getty Images Dear Shareholders For the quarter ended March 31, 2026, the net asset value per Class I Share of The Gabelli Global Content & Connectivity Fund ( GTTIX ) decreased by 1.3%, outperforming MSCI AC World Communication Services Index, which recorded a loss of 7.8%. Global equities declined in the first quarter of 2026, with the MSCI AC World Index down 3.1%, driven by the escalation of conflict in the Middle East (with Brent crude oil spot price per barrel rising over 90% during the first quarter) as well as some weakness in technology names, as investors increasingly scrutinized potential returns on elevated AI investments by hyperscalers. Given the significant jump in oil prices, Energy (+33.8%) was the best performing sector in the quarter, followed by Utilities (+8.6%). Communication Services (-7.8%) was the second worst performing sector in the quarter (weighed down by declines in Meta Platforms ( META ), Alphabet ( GOOGL ), and Tencent ( TCEHY ) shares), following only Consumer Discretionary (-10.8%). Portfolio Highlights Total Net Assets: $73.7 Million NAV (Class I): $22.82 Turnover: (a) 13% Inception Date: 11/01/93 Gross/Net Expense Ratio: (b) 1.44%/0.91% Click to enlarge (a) For the twelve months ended December 31, 2025. (b) As of the current prospectus dated April 30, 2026. Net expense ratio after reimbursement from the Adviser. Effective through April 30, 2027, unless terminated early by the Fund's Board of Directors. SHARE CLASS SYMBOL Class AAA: GABTX Class A: GTCAX Class I: GTTIX Click to enlarge Comparative Results Average Annual Returns through March 31, 2026 (a) Total returns and average annual returns reflect changes in share price, reinvestment of distributions, and are net of expenses. Performance returns for periods of less than one year are not annualized. Gabelli Global Content & Connectivity Fund QTR 1 Year 3 Year 5 Year 10 Year 15 Year Since Inception (11/01/93) Class I ( GTTIX ) (b) (1.25)% 21.52% 19...
Investors in Keel Infrastructure Corp (Symbol: KEEL) saw new options become available today, for the December 2028 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 919 days until expiration the newly a
Investors in Keel Infrastructure Corp (Symbol: KEEL) saw new options become available today, for the December 2028 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 919 days until expiration the newly a
Investors in NXP Semiconductors NV (Symbol: NXPI) saw new options become available today, for the June 2027 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 372 days until expiration the newly available con
Investors in NXP Semiconductors NV (Symbol: NXPI) saw new options become available today, for the June 2027 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 372 days until expiration the newly available con
RHJ/iStock via Getty Images I like smaller miners because their stories tend not to be priced in just yet. And to me, Avino Silver & Gold Mines ( ASM ) today looks just like that. This is not a big or stable silver producer, but the company's story in the last quarters changed completely, and it got into my miner screeners. I have ignored it long enough; however, ASM now does not look as a simple ...
RHJ/iStock via Getty Images I like smaller miners because their stories tend not to be priced in just yet. And to me, Avino Silver & Gold Mines ( ASM ) today looks just like that. This is not a big or stable silver producer, but the company's story in the last quarters changed completely, and it got into my miner screeners. I have ignored it long enough; however, ASM now does not look as a simple small miner. We actually have numbers that we can model (see my model below) and see whether this stock is actually worth the risk. Q1 2026 results proved this as the revenue reached $39.4 million, which was 109% more than a year ago, while 60% of revenue came from silver sales. This is important because Avino is becoming a silver leverage story, so my bullish thesis is not only based on valuation but also on the fact that the company is moving from a small mining story to a more serious execution phase. In 2025, Avino produced 2.606 million AgEq oz and reached its guidance of 2.5-2.8 million AgEq. This is not really a big scale, but to me it is more important that the base itself is working now. Due to this reason, La Preciosa becomes a second potential growth layer on an already working mining structure, and this is why I am really interested in this company. Sensitive Profitability It is worth looking at Q1 2026 to understand that the company is moving in the right direction. Production itself was not really that great for me, but the financials looked stronger. Avino produced 568112 AgEq oz in that quarter, so if we annualized that, that would be around 2.27 million AgEq oz, not really something I could call a breakthrough. However, revenue increased 109% YoY, to $39.4 million, EBITDA reached $25.5 million, and net income was $15.9 million, which just shows that financials themselves were strong. But this is what I am building my thesis on. From $39.4 million in revenue, Avino generated around a 65% EBITDA margin and around a 40% net income margin. This shows that the c...
Investors in Hyatt Hotels Corp (Symbol: H) saw new options begin trading today, for the December 2027 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 555 days until expiration the newly trading contracts r
Investors in Hyatt Hotels Corp (Symbol: H) saw new options begin trading today, for the December 2027 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 555 days until expiration the newly trading contracts r
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI EAFE Value ETF, where 52,400,000 units were destroyed, or a 13.7% decrease week over week. And on a percentage change basis,
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI EAFE Value ETF, where 52,400,000 units were destroyed, or a 13.7% decrease week over week. And on a percentage change basis,