Investing.com -- Alibaba shares fell around 3% in U.S. premarket trading on Wednesday after Bloomberg reported that China is preparing to spend around 2 trillion yuan over the next five years building data centers to advance its domestic AI industry, sparking concerns that government-funded capacity could undercut private cloud operators.
Investing.com -- Alibaba shares fell around 3% in U.S. premarket trading on Wednesday after Bloomberg reported that China is preparing to spend around 2 trillion yuan over the next five years building data centers to advance its domestic AI industry, sparking concerns that government-funded capacity could undercut private cloud operators.
(RTTNews) - Irish-based climate control company Trane Technologies plc (TT) announced on Wednesday that it has named Donny Simmons chief operating officer, effective July 1.
(RTTNews) - Irish-based climate control company Trane Technologies plc (TT) announced on Wednesday that it has named Donny Simmons chief operating officer, effective July 1.
An American diplomat was found dead in Myanmar’s largest city, the US State Department said, and members of the diplomatic community in Yangon say a Thai woman has been detained by police in connection with the investigation. American officials in Thailand and the US embassy in Myanmar referred questions on the case to the State Department, which confirmed the “death of a US government employee” a...
An American diplomat was found dead in Myanmar’s largest city, the US State Department said, and members of the diplomatic community in Yangon say a Thai woman has been detained by police in connection with the investigation. American officials in Thailand and the US embassy in Myanmar referred questions on the case to the State Department, which confirmed the “death of a US government employee” assigned to the embassy in Yangon but gave no other details. “Out of respect for the privacy of the...
S&P 500 Index futures fall 1.1% as of 7:45 a.m. in New York as weakness in technology continues and the US and Iran exchanged strikes overnight. Nasdaq 100 futures fall 1.7% Dow Jones Industrial Average futures are down 0.9% The MSCI World Index is down 0.2% Here are some of the biggest US movers before the bell: Nvidia (NVDA) falls 2.4%, leading decliners among Magnificent Seven stocks, with tech...
S&P 500 Index futures fall 1.1% as of 7:45 a.m. in New York as weakness in technology continues and the US and Iran exchanged strikes overnight. Nasdaq 100 futures fall 1.7% Dow Jones Industrial Average futures are down 0.9% The MSCI World Index is down 0.2% Here are some of the biggest US movers before the bell: Nvidia (NVDA) falls 2.4%, leading decliners among Magnificent Seven stocks, with technology and semiconductor firms set to extend losses: Apple (AAPL) -0.1%, Amazon (AMZN) -0.6%, Meta Platforms (META) -0.9%, Alphabet (GOOGL) -1.3%, Microsoft (MSFT) -1.5%, Tesla (TSLA) -1.7% Casey’s General Stores Inc. (CASY) is up 2% after the convenience store chain reported revenue for the fourth quarter that beat the average analyst estimate. Chewy (CHWY) climbs 7% after the pet food posted first quarter results. Cracker Barrel (CBRL) jumps 9% after the restaurant chain boosted its revenue guidance for the full year, beating the average analyst estimate. Devon Energy (DVN) rises about 1% after the oil and gas producer boosted its production forecast for the full year and said it was undergoing a portfolio review to concentrate assets in the Permian Basin. Dianthus Therapeutics (DNTH) slumps 19% after peer developer Sanofi halted a late-stage trial of an experimental therapy for a rare autoimmune disorder, citing efficacy concerns. Hinge Health (HNGE) climbs 3% after the digital health-care company raised its revenue forecast for the full year. Old Dominion (ODFL) slumps 7%, falling with other less-than-truckload stocks, after Amazon expanded its LTL freight offering to all destinations in the US, including third-party warehouses, distribution centers and retail partners. Super Micro Computer (SMCI) falls 11% after the company said it plans $7 billion in equity and equity-linked financing transactions to fund component purchases to satisfy around $39b in AI server orders it has received from customers.
Diversified Healthcare (DHC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in FFO estimate revisions may not translate into further price increase in the near term.
Diversified Healthcare (DHC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in FFO estimate revisions may not translate into further price increase in the near term.
Timbercreek Financial ( TF:CA ) will commence a normal course issuer bid of its common shares from June 12, 2026, and will terminate on the earlier of June 11, 2027. Under the NCIB, the company may purchase up to a regulatory maximum of 8.19M shares, representing 10% of the public float. The price that the company will pay for any shares under the NCIB will be the market price at the time of acqui...
Timbercreek Financial ( TF:CA ) will commence a normal course issuer bid of its common shares from June 12, 2026, and will terminate on the earlier of June 11, 2027. Under the NCIB, the company may purchase up to a regulatory maximum of 8.19M shares, representing 10% of the public float. The price that the company will pay for any shares under the NCIB will be the market price at the time of acquisition. Source: Press Release More on Timbercreek Financial Corp. Timbercreek Financial Corp. (TF:CA) Shareholder/Analyst Call Transcript Timbercreek Financial Corp. 2026 Q1 - Results - Earnings Call Presentation Timbercreek Financial Corp. (TF:CA) Q1 2026 Earnings Call Transcript Timbercreek Financial reports Q1 results Historical earnings data for Timbercreek Financial Corp.
NicoElNino The deal between Corning ( GLW ) and Amazon ( AMZN ) to increase U.S.-based fiber optics manufacturing is “validation” of the strong demand for optics products, Wedbush Securities said. “Again we see this shift as a major catalyst for mature foundry with data center optics rapidly transitioning towards [silicon photonics] based solutions to support lower power consumption, increased man...
NicoElNino The deal between Corning ( GLW ) and Amazon ( AMZN ) to increase U.S.-based fiber optics manufacturing is “validation” of the strong demand for optics products, Wedbush Securities said. “Again we see this shift as a major catalyst for mature foundry with data center optics rapidly transitioning towards [silicon photonics] based solutions to support lower power consumption, increased manufacturing efficiencies, and higher speed optics,” Wedbush analyst Matt Bryson wrote in a note to clients. “While TSEM is clearly the largest immediate beneficiary of this transition (albeit with GFS, STM, TSMC, etc., also ramping), we generally see the new demand as positive for the broader mature foundry space in light of limited mature capacity as well as a bevy of new silicon requirements to support not just optics, but also physical AI, Edge and IoT AI, Space and LEO, etc.).” The multi-year, multi-billion dollar agreement will see Corning produce optical fiber for data centers and strengthen the U.S. supply chain, the companies said. It will create 1,000 jobs at Corning's North Carolina facilities, as well as produce hundreds of construction jobs and a workforce training program, the companies added. More on Corning and Amazon Corning's Monumental Growth Won't Save It From Underperformance (Downgrade) Amazon: Prime Day Rewrites Q2, Revealing The $18B Silent Margin Machine Amazon: The Stock Is Missing The AI Wave, But The Business Isn't Amazon officially launches its freight shipping service for all Corning jumps as Amazon enters into pact on US-based fiber optics manufacturing
U.S. President Donald Trump on Wednesday criticized Iran for failing to reach a peace agreement with the U.S. following a fresh round of attacks that have heightened tensions and tested a fragile two-month ceasefire. "They've taken too long to negotiate a deal that would have been great for them, now they will have to pay the price," Trump wrote on his social media platform on Wednesday. Separatel...
U.S. President Donald Trump on Wednesday criticized Iran for failing to reach a peace agreement with the U.S. following a fresh round of attacks that have heightened tensions and tested a fragile two-month ceasefire. "They've taken too long to negotiate a deal that would have been great for them, now they will have to pay the price," Trump wrote on his social media platform on Wednesday. Separately, in a phone interview with Fox News reporter Trey Yingst, Trump said he is close to ordering new strikes against Iranian power plants and bridges. He was quoted saying that Iran is "tapping U.S. along" with talks. Trump's remarks added fresh uncertainty over the future of the ceasefire. While the president has repeatedly suggested a resolution to the conflict could be near, he has also warned of renewed military action if negotiations fail. Tensions in the Middle East escalated again Tuesday after U.S. forces launched strikes against Iran in response to the downing of a U.S. Army Apache helicopter near the Strait of Hormuz, according to U.S. Central Command. In a subsequent post on Truth Social today, Trump denounced “The Fake News Media” for refusing to report how “EFFECTIVE the U.S. Naval BLOCKADE is, the most successful Blockade in the history of Naval Warfare.” He added: “NOTHING GETS THROUGH unless we want it to. IT IS A STEEL WALL! Iran is doing ZERO business, not paying their military, or any of their bills, and quickly becoming a FAILED NATION! Lots of oil is getting out. Praise be to Allah!” Financial markets reacted swiftly to the comments, with U.S. equity futures moving lower while Treasury yields, oil prices, and the U.S. dollar rose. Some of those moves later moderated. Crude oil futures ( CL1:COM ) were up +2.3% to $90.2 a barrel at press time, while Brent Futures ( CO1:COM ) rose 1.8% to $93.1/barrel. The renewed geopolitical uncertainty coincided with weakness in semiconductor stocks. Shares of Micron ( MU ) -4.8%, AMD ( AMD ) -4%, and Broadcom ( AVGO ) -...
MF3d/E+ via Getty Images Solidion Technology ( STI ) up 2.2% pre-market Wednesday after saying it has withdrawn its previously filed registration statement on Form S-1 with the SEC. The company said the withdrawal does not reflect any change in its business outlook, operating strategy, or confidence in the value of its assets. Solidion ( STI ) shares had plunged 42% since announcing earlier this w...
MF3d/E+ via Getty Images Solidion Technology ( STI ) up 2.2% pre-market Wednesday after saying it has withdrawn its previously filed registration statement on Form S-1 with the SEC. The company said the withdrawal does not reflect any change in its business outlook, operating strategy, or confidence in the value of its assets. Solidion ( STI ) shares had plunged 42% since announcing earlier this week that it had entered an agreement with an institutional investor for the purchase and sale of 2.33M common shares in a private placement, raising $35M. The company had planned to use the proceeds from the offering to support the commercialization of its Extreme-Climate Battery technology, fulfill customer demand, expand inventory, and advance the building and testing of prototypes. More on Solidion Technology Financial information for Solidion Technology
mizoula/iStock Editorial via Getty Images G-III Apparel Group ( GIII ) recently reported 1Q27 results . The results were good in several areas: the owned portfolio continues to grow very fast, gross margins expanded meaningfully, and management raised guidance for FY27. The company also announced the acquisition of Marc Jacobs in a partnership with WHP, which is a potentially important addition to...
mizoula/iStock Editorial via Getty Images G-III Apparel Group ( GIII ) recently reported 1Q27 results . The results were good in several areas: the owned portfolio continues to grow very fast, gross margins expanded meaningfully, and management raised guidance for FY27. The company also announced the acquisition of Marc Jacobs in a partnership with WHP, which is a potentially important addition to the owned brand portfolio. Still, at almost 16x guided earnings, I do not think the stock is cheap. The company will continue to lose PVH profitability in 2027 (FY28), the Marc Jacobs acquisition is expected to be dilutive in the first year, and the transaction will consume a large part of the company's net cash position. There is a reasonable chance that FY28 earnings are lower than FY27 earnings, meaning the stock could be closer to 20x next year's earnings. I like G-III's management and the direction of the business, but I do not think the valuation is attractive enough. For that reason, I maintain a Hold rating. 1Q27 results Before discussing the quarter, it is important to clarify the calendar. G-III's fiscal year does not match the calendar year. 1Q27 refers to the quarter ended in April 2026, and FY27 refers mostly to calendar 2026, ending in January 2027. Starting with revenues, the company posted sales of $536 million, down 8% YoY. As in previous quarters, the driver of lower sales is the continued loss of PVH revenue as the licenses for different product lines expire. In contrast, sales in the owned-brand portfolio grew significantly, but not enough to offset the PVH losses. This has been the basic story for several quarters. The owned-brand commentary was very positive. Donna Karan grew about 40% in the quarter. A super high figure, but naturally reasonable for a brand with less than two years since launch . DKNY also performed well, with stores in NA DTC delivering double-digit comps and digital growing more than 40%, according to the call . Karl Lagerfeld and ...
A number of small-cap stocks across sectors continue to struggle in 2026, with several names maintaining Seeking Alpha Strong Sell Quant Ratings for months at a time. The group spans industries ranging from real estate and technology to biotech and consumer products, highlighting persistent weakness across multiple corners of the market despite broader equity resilience. The list focuses on compan...
A number of small-cap stocks across sectors continue to struggle in 2026, with several names maintaining Seeking Alpha Strong Sell Quant Ratings for months at a time. The group spans industries ranging from real estate and technology to biotech and consumer products, highlighting persistent weakness across multiple corners of the market despite broader equity resilience. The list focuses on companies with market capitalizations between roughly $456 million and $1.3 billion that have held a Strong Sell Quant Rating for at least 60 consecutive days. Seeking Alpha’s Quant Ratings system evaluates stocks based on factors including valuation, growth, profitability, EPS revisions, and momentum. Brandywine Realty Trust ( BDN ) tops the list, maintaining a Strong Sell Quant Rating for 484 consecutive days. Service Properties Trust ( SVC ) follows with 409 days, while PAR Technology Corporation ( PAR ) has held the rating for 301 consecutive days. Real estate investment trusts are heavily represented among the longest-running Strong Sell names, with Brandywine Realty Trust ( BDN ), Service Properties Trust ( SVC ), and NexPoint Residential Trust, Inc. ( NXRT ) all ranking near the top. The concentration of REITs reflects continued pressure on parts of the real estate sector amid elevated interest rates and refinancing concerns. Technology-related companies also feature prominently, including PAR Technology Corporation ( PAR ), Gogo Inc. ( GOGO ), N-able, Inc. ( NABL ), and Blend Labs, Inc. ( BLND ). Meanwhile, healthcare and biotech names such as Alvotech ( ALVO ) and Beta Bionics, Inc. ( BBNX ) round out the list. Here is the list: Brandywine Realty Trust ( BDN ), Consecutive Strong Sell Days: 484 Service Properties Trust ( SVC ), Consecutive Strong Sell Days: 409 PAR Technology Corporation ( PAR ), Consecutive Strong Sell Days: 301 Gogo Inc. ( GOGO ), Consecutive Strong Sell Days: 269 BellRing Brands, Inc. ( BRBR ), Consecutive Strong Sell Days: 210 NexPoint Residential Tr...