Load Balancing leader and the only traffic management tool in the DevOps top 100 becomes the industry standard for Kubernetes and AI routing. NEWTON, Mass., June 10, 2026 (GLOBE NEWSWIRE) -- HAProxy Technologies, the company behind HAProxy One, the world's fastest application delivery and security platform, today announced its G2 Summer 2026 Grid® and Index Report results. The company earned 86 ba...
Load Balancing leader and the only traffic management tool in the DevOps top 100 becomes the industry standard for Kubernetes and AI routing. NEWTON, Mass., June 10, 2026 (GLOBE NEWSWIRE) -- HAProxy Technologies, the company behind HAProxy One, the world's fastest application delivery and security platform, today announced its G2 Summer 2026 Grid® and Index Report results. The company earned 86 badges across eight categories, including 33 Leader and Momentum Leader badges. Key results: #1 in Loa
TomasSereda/iStock via Getty Images Northern Star Resources ( NESRF ) down 3.5% in Australian trading Wednesday after rejecting activist investor Elliott Management's proposal to sell off some of its smaller assets or seek to sell itself to a bigger miner. Northern Star ( NESRF ) Chairman Michael Chaney acknowledged in a letter to shareholders that the company's share price performance "has not me...
TomasSereda/iStock via Getty Images Northern Star Resources ( NESRF ) down 3.5% in Australian trading Wednesday after rejecting activist investor Elliott Management's proposal to sell off some of its smaller assets or seek to sell itself to a bigger miner. Northern Star ( NESRF ) Chairman Michael Chaney acknowledged in a letter to shareholders that the company's share price performance "has not met expectations," but "with reference to Elliott's suggestion that the board should run a sale process for the company, we do not consider that this is the right time to do so." The company has previously received interest for takeovers and mergers, but the offers were not in the best interest of shareholders, Chaney said, and "for now, we are comfortable holding the assets we do but this is a matter that will remain under regular review." Elliott Management recently disclosed a 3%-4% stake in Northern Star ( NESRF ) worth more than A$1B and released a presentation entitled “Northern Star Rising” that criticized the miner's total shareholder return, operational execution, and capital allocation, while arguing its asset base is world-class but poorly reflected in the stock price. Northern Star ( NESRF ) cut guidance multiple times over the past year as it underperformed peers due to operational problems at its Kalgoorlie processing mill. More on Northern Star Resources Northern Star: CEO Exit Creates A High-Potential Turnaround Opportunity Northern Star Resources: A Quality Gold Miner Trading At Conservative Prices Northern Star Resources Q3 2026 Earnings Call Transcript
TD Cowen on Wednesday initiated coverage of indie Semiconductor ( INDI ) with a Hold rating, saying the company is well positioned to benefit from growing adoption of advanced driver-assistance and autonomous driving technologies but faces a long path to profitability. Brokerage set a $4 price target based on about 2.5 times its projected 2028 revenue, saying the company will need to show positive...
TD Cowen on Wednesday initiated coverage of indie Semiconductor ( INDI ) with a Hold rating, saying the company is well positioned to benefit from growing adoption of advanced driver-assistance and autonomous driving technologies but faces a long path to profitability. Brokerage set a $4 price target based on about 2.5 times its projected 2028 revenue, saying the company will need to show positive cash flow or earnings to get a higher valuation. Shares of indie were up 1% around $4 in choppy early trading. The stock has gained about 15% so far this year despite a sharp 10% decline in the Tuesday session. indie portfolio includes camera, radar, and lidar sensing technologies, along with its perception software, positioning it in a fragmented automotive sensing market. Analysts see demand for automotive sensing hardware to grow about 20% annually, creating a roughly $15B market opportunity by 2030. "We think indie has a clear right to win TAM share, but risk-reward is balanced given a long runwayto profitability," says TD Cowen Though indie has sufficient cash to fund operations, its revenue growth will need to remain above 20% annually for several years, while operating expenses have to stay largely flat, for the company to reach break-even, as per the analysts. TD expects losses to continue through 2027 and does not forecast break-even until late 2028. Its revenue estimates for 2026 and 2027 are slightly below Wall Street expectations. More on indie Semiconductor indie Semiconductor: Poor Value Investment With Good Trading Opportunities indie Semiconductor, Inc. 2026 Q1 - Results - Earnings Call Presentation indie Semiconductor, Inc. (INDI) Q1 2026 Earnings Call Transcript indie Semiconductor announces €40M CMOS acquisition from ams OSRAM Indie outlines Q2 2026 revenue of $59M-$65M while preparing radar and vision ramps
Rivian (NASDAQ:RIVN) and Lucid (NASDAQ:LCID) just gave us two very different EV stories. Rivian’s Q1 FY26 showed a real business taking shape, with software pulling weight while the R2 launch begins. Lucid’s Q4 FY25 revealed an unfinished luxury bet still burning cash faster than it can sell cars. Software Saves Rivian. Luxury Still Costs Lucid ... Rivian vs Lucid: This EV Stock Is The Better Buy
Rivian (NASDAQ:RIVN) and Lucid (NASDAQ:LCID) just gave us two very different EV stories. Rivian’s Q1 FY26 showed a real business taking shape, with software pulling weight while the R2 launch begins. Lucid’s Q4 FY25 revealed an unfinished luxury bet still burning cash faster than it can sell cars. Software Saves Rivian. Luxury Still Costs Lucid ... Rivian vs Lucid: This EV Stock Is The Better Buy
halbergman/E+ via Getty Images Existing home sales rose 3.2% in May, beating expectations and reaching their highest level since December. However, economists warn the uptick is likely a “false dawn” rather than the start of a meaningful recovery. The May gain surpassed the consensus forecast of a 1% increase, pushing sales to 4.17M from 4.04M in April. Yet the broader picture remains bleak—home s...
halbergman/E+ via Getty Images Existing home sales rose 3.2% in May, beating expectations and reaching their highest level since December. However, economists warn the uptick is likely a “false dawn” rather than the start of a meaningful recovery. The May gain surpassed the consensus forecast of a 1% increase, pushing sales to 4.17M from 4.04M in April. Yet the broader picture remains bleak—home sales have been stuck in the same depressed narrow range for more than three years. According to Pantheon Macroeconomics, the persistent weakness in sales now reflects depressed demand rather than supply constraints. The number of existing homes on the market has crept up steadily since late 2023 and was equivalent to 4.2 months of sales in the three months to May—the highest since 2016. Pantheon Macroeconomics The renewed climb in the typical 30-year conventional mortgage rate to around 6.6% in recent weeks, from 6.1% before the Middle East conflict, suggests little prospect of home sales rising much further from here. Elevated mortgage rates are weighing particularly heavily on activity because home prices remain relatively high, restricting affordability. Pantheon estimates that the monthly mortgage payment on a new 20% loan-to-value mortgage for the typical existing single-family home was equivalent to just over 37% of the average after-tax income, compared to an average of about 25% during the 2010s. With weak consumer confidence, an anemic labor market, and near-zero population growth due to sharp cuts to immigration presenting additional headwinds, analysts expect home sales will remain in the doldrums over the next few quarters at least. Pantheon Macroeconomics More on the U.S. Housing Market Weekly Market Pulse: The Real Deal The REIT Bear Case Is Breaking Down U.S. Dollar Debasement - What Our Assets Are Actually Worth Welltower, Equinix lead XLRE quant rankings as real estate outperforms the S&P 500 Top REITs showing sustained Quant strength across the sector
Viktoriya Telminova/iStock via Getty Images Overview When I previously covered the Eaton Vance Tax-Managed Buy-Write Oppty Fund ( ETV ), I issued a buy rating due to the attractive valuation and potential for tax-efficient income at the time. Since then, the fund has provided a positive total return but has underperformed against the S&P 500 Index over the same time frame. ETV has released an upda...
Viktoriya Telminova/iStock via Getty Images Overview When I previously covered the Eaton Vance Tax-Managed Buy-Write Oppty Fund ( ETV ), I issued a buy rating due to the attractive valuation and potential for tax-efficient income at the time. Since then, the fund has provided a positive total return but has underperformed against the S&P 500 Index over the same time frame. ETV has released an updated annual report since my prior coverage, so I thought it would be a good idea to reassess the fund's overall value proposition for the remainder of the year. An attractive aspect of the fund was the discounted valuation. Despite the recent market rally, ETV still trades at a deep discount to NAV of 6.79%. Referring to the red line on the graph below, we can see that this is the bottom end of its historical range. For instance, ETV has traded at an average discount to NAV of 1.53% over the last five-year period. While this initially seems like a great value opportunity, I believe the discount is actually a reflection of the fund's lackluster performance compared to alternative funds. Therefore, the valuation is a bit tricky here because buying a fund at a discount isn't that rewarding if performance is poor. CEF Data ETV now offers investors a starting dividend yield of about 8.1% while issuing those payouts on a monthly basis. Reviewing the annual report, it is clear that ETV has no issues supporting its payouts with earnings. To support this high yield, the fund uses an option strategy. The tradeoff is that the inclusion of options is severely capping the upside growth and total return of the fund, which means that ETV is missing out on a lot of gains during this market rally. So while there is still value here with ETV, the appeal of a long-term position has declined. Fund Strategy According to the latest portfolio overview , ETV has total assets of $1.8B that are spread across 150 different holdings. The fund's primary objective is to provide a high current income from...
matdesign24/iStock via Getty Images The May CPI was hot but close to estimates. The headline rate rose 0.473% last month, bringing the YoY figure to 4.249%, the highest since April 2023. Core CPI increased by less than expected, +0.208%, taking the YoY rate to 2.851%. U.S. inflation has been above the Fed’s 2% target for 63 straight months. Digging into the report, core goods prices actually decli...
matdesign24/iStock via Getty Images The May CPI was hot but close to estimates. The headline rate rose 0.473% last month, bringing the YoY figure to 4.249%, the highest since April 2023. Core CPI increased by less than expected, +0.208%, taking the YoY rate to 2.851%. U.S. inflation has been above the Fed’s 2% target for 63 straight months. Digging into the report, core goods prices actually declined by 0.1% last month, the first drop since the first half of 2025, as tariffs roll off the YoY view. Within that category, new car prices fell 0.3%, while used vehicle prices were nearly flat. Apparel, however, rose 0.3%. Core services CPI was elevated, but not extreme, at +0.3% last month. Shelter inflation was +0.3%, while rents ticked up a bit more by 0.4%. Owners’ equivalent rent was +0.5%, but hotel inflation was sky-high at +3.5% (likely due to the World Cup). Likewise, airfare ticket prices jumped 2.7% on the heels of higher jet fuel costs. Auto insurance inflation surprisingly fell, which kept the core rate in check last month. On a 6-month annualized basis, headline CPI is now +5.6%, and the 3-month annualized print is even hotter at 8.2%, mainly due to the surge in global oil prices. As for core, it’s softer, rising 3.1% 6-month annualized and 3.2% 3-month annualized. Supercore CPI clocked in at 3.67% in May, a multi-month high. Real average hourly earnings fell 0.4% in the past year, as workers’ wages failed to keep pace with the cost of living. All told, equity futures liked the report, with the S&P 500 indicated to open lower by just 0.5% after an upward of 1% loss earlier in the morning. Russell 2000 futures managed to sneak into the green for a moment following the 8:30 a.m. ET data. The higher-quality S&P SmallCap 600 Index outperformed the Russell 2000 Index leading into the opening bell. Treasury yields eased, but only slightly, while the U.S. Dollar Index fell a touch from the 100 level. All eyes remain on the tech trade ahead of the SpaceX ( SPCX ) IPO...
Arm (NASDAQ: ARM) has been one of the most explosive AI infrastructure trades of 2026, with shares rocketing 197.19% year to date as the chip designer cements its position at the center of the agentic AI buildout. After a 52.32% surge over the past month, the stock is consolidating. Our 24/7 Wall St. price target ... Up 200% YTD, This Is Where Arm Holdings Will End The Year
Arm (NASDAQ: ARM) has been one of the most explosive AI infrastructure trades of 2026, with shares rocketing 197.19% year to date as the chip designer cements its position at the center of the agentic AI buildout. After a 52.32% surge over the past month, the stock is consolidating. Our 24/7 Wall St. price target ... Up 200% YTD, This Is Where Arm Holdings Will End The Year
hapabapa Investors will need to be patient, said RBC analysts Piral Dadhania, Nikolaos Lafioniatis, and Richard Chamberlain, as Nike’s ( NKE ) turnaround under CEO Elliott Hill is making progress but is slower and narrower than anticipated. With a more conservative outlook on Nike’s growth prospects, the team downgraded the stock to Sector Perform from Outperform and lowered Nike’s ( NKE ) target ...
hapabapa Investors will need to be patient, said RBC analysts Piral Dadhania, Nikolaos Lafioniatis, and Richard Chamberlain, as Nike’s ( NKE ) turnaround under CEO Elliott Hill is making progress but is slower and narrower than anticipated. With a more conservative outlook on Nike’s growth prospects, the team downgraded the stock to Sector Perform from Outperform and lowered Nike’s ( NKE ) target price by 29% to $50. “One of the main frustrations with the Nike equity story is a perceived slowness in execution for us and some investors, which perhaps reflects the size of the Nike business (supertanker vs. dinghy), which simply takes longer to maneuver,” the analyst team said, noting that the product lead time (sketch to store) in the sportswear industry is 12-18 months. Right now, Nike’s product offerings are arguably still not where it needs to be, and today’s “scrappier and more competitive” sportswear marketplace demand a different formula for driving brand momentum. Therefore, investors “should not assume that Nike has an automatic right to compete given its legacy, including market share leadership, deep resources, and marketing firepower,” Dadhani et al. argue, adding that based on available evidence today, “we are not sure Nike is competitive enough in terms of product design, price/value, or brand desirability to engineer a mean reversion revenue acceleration.” The analysts observed a “loss of price leadership” for Nike in men’s running to Hoka ( DECK ), On Running ( ONON ), and New Balance. In the women’s sportswear segment, Nike ( NKE ) has a competitive offer in leggings, but price leadership is enjoyed by Vuori, Alo Yoga, and lululemon ( LULU ) with Nike's price point “not able to stretch as high.” In conclusion, Dadhania, Lafioniatis, and Chamberlain believe 2025 is likely to remain a “no revenue growth setup” for Nike ( NKE ) with catalysts such as the World Cup and pockets of product newness insufficient to offset cleanup actions elsewhere in the busin...
Amazon Freight Expansion Sparks Selloff Across Trucking Stocks Less-than-truckload freight stocks fell in premarket trading in New York after Amazon roiled the industry yet again - this time by announcing expanded LTL services to cover all U.S. destinations, including third-party warehouses, distribution centers, and retail partners. "Businesses now have the flexibility to ship by pallet, choosing...
Amazon Freight Expansion Sparks Selloff Across Trucking Stocks Less-than-truckload freight stocks fell in premarket trading in New York after Amazon roiled the industry yet again - this time by announcing expanded LTL services to cover all U.S. destinations, including third-party warehouses, distribution centers, and retail partners. "Businesses now have the flexibility to ship by pallet, choosing LTL to share trailer space for partial loads instead of reserving and paying for a full truckload," Amazon wrote in a press release, adding, "Since 2019, Amazon LTL has served tens of thousands of Amazon selling partners and vendors, moving millions of pallets across its U.S. network last year. The company is now expanding the service based on strong positive feedback and growing customer demand." Among the movers in premarket trading, FedEx Freight fell 2%, Old Dominion declined 6%, Saia sank 7%, and ArcBest dropped nearly 8%. LTL services are part of Amazon Supply Chain Services , whose launch last month roiled trucking stocks at the time. Amazon noted, "Businesses of all sizes can now use LTL to move freight, typically ranging from one to six pallets, or between 150 and 15,000 pounds." UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients last month that the selloff in transport names, including UPS, FedEx, and C.H. Robinson, sparked by Amazon’s push into the supply chain network, was " overdone ." Tyler Durden Wed, 06/10/2026 - 09:40
The festival founded by Sir Peter Maxwell Davies hits its 50th edition this midsummer and continues to connect culture and community. Also this week – is 432Hz the magic number? This midsummer will be the 50th St Magnus festival . Founded in Orkney in 1977 by the composer Peter Maxwell Davies , who had recently moved there, and the poet George Mackay Brown, who rarely left the archipelago, that ha...
The festival founded by Sir Peter Maxwell Davies hits its 50th edition this midsummer and continues to connect culture and community. Also this week – is 432Hz the magic number? This midsummer will be the 50th St Magnus festival . Founded in Orkney in 1977 by the composer Peter Maxwell Davies , who had recently moved there, and the poet George Mackay Brown, who rarely left the archipelago, that half-century of festivals is a living legacy of connection across culture and community. The first festival began with the premiere of Max’s opera, The Martyrdom of St Magnus , staged in the cathedral in Kirkwall named for the saint, a magnificent blood-red sandstone building , first established in Kirkwall by Magnus’s nephew Earl Rognvald in 1137, around which the rest of the city orbits. Continue reading...