Apple maintains a dominant position in the global technology sector as the company evaluates its long-term satellite infrastructure and service strategies.
Apple maintains a dominant position in the global technology sector as the company evaluates its long-term satellite infrastructure and service strategies.
Shortly after the opening bell, we will be selling 25 shares of Broadcom at roughly $388 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 390 shares of AVGO, decreasing its weight in the portfolio to about 4% from 4.3%. Broadcom shares were moving higher on Wednesday after the company announced a multi-year, multi-generation strategic partnership with Meta Platforms to sup...
Shortly after the opening bell, we will be selling 25 shares of Broadcom at roughly $388 each. Following Wednesday's trade, Jim Cramer's Charitable Trust will own 390 shares of AVGO, decreasing its weight in the portfolio to about 4% from 4.3%. Broadcom shares were moving higher on Wednesday after the company announced a multi-year, multi-generation strategic partnership with Meta Platforms to support that company's Meta Training and Inference Accelerator (MTIA) chips through 2029. Broadcom stated that the initial commitment exceeds 1 gigwatt of compute and represents the first phase of a sustained, multi-year rollout. In other words, this partnership is going to get even bigger over the next few years, supporting Broadcom's roughly $15 billion of artificial intelligence revenue annually from just this one customer. This is Broadcom's second such supply commitment to a major hyperscaler announced this month. Last week, the chipmaker inked a long-term supply agreement to supply custom TPUs and networking equipment to Alphabet through 2031. Broadcom also announced it expanded its supply agreement with Anthropic. AVGO YTD mountain Broadcom YTD Based on Wednesday's premarket prices, the Broadcom rally would extend to about 25% this month, making for a parabolic move that we are taking big profits into. From this sale, we will realize a strong gain of about 336% on stock purchased in September 2023. It's our second Broadcom trim this week. We right-sized the position Monday. We also want to acknowledge that the latest S & P Short Range Oscillator reading of 8.39% indicates a market that has become significantly overbought. However, this one-month swing from minus-7% on March 12, signaling severely oversold, to above 8% as of Tuesday's close isn't a bad thing. MarketEdge, the keeper of the Oscillator, points out that swings this fast and hard don't suggest a market that is about to collapse, but rather that the pace of gains may slow from here. The data shows that over th...
anilbolukbas/iStock Editorial via Getty Images Introduction Back in October last year, I recommended VF Corp ( VFC ) as a ‘buy’ following a strong earnings beat that was misunderstood by the market. While the company’s North Face and Timberland brands continued to do well, the market was overly concerned with the Vans Brand. My view was that with management taking the right steps to return that po...
anilbolukbas/iStock Editorial via Getty Images Introduction Back in October last year, I recommended VF Corp ( VFC ) as a ‘buy’ following a strong earnings beat that was misunderstood by the market. While the company’s North Face and Timberland brands continued to do well, the market was overly concerned with the Vans Brand. My view was that with management taking the right steps to return that portion of the business to growth and a divestiture (Dickies for $600 million) helping to de-lever the balance sheet and bring the company back to a more solid credit profile, the company’s shares would start to move higher as the business traded at a trough EBITDA valuation multiple earnings had significant upside as management executed on margins. Since that time, shares have returned 32% in less than six months. That said, I still see the turnaround as gaining traction with room for continued lift to earnings. So while the valuation has appropriately re-rated, I’m reiterating by ‘buy’ rating here. A look back at VF Corp's Q3'26 results Q3’26 was a solid quarter for VF Corp as they wrapped up the calendar year. For the final three months of 2025, the company had revenues up 2% to $2.88 billion when excluding the Dickies brand and that came ahead of guidance that had anticipated a modest decline. Relative to analyst estimates, the company’s revenue figure was $117 million ahead of consensus estimates with of $0.56 surpassing analyst expectations by 11 cents . Seeking Alpha When looking at what drove results this quarter, the strength was pretty broad based as more than 75% of the business grew on a revenue basis. DTC returned to growth rising 3% globally on strong U.S. digital performance, while the North America region posted a 6% increase across both DTC and wholesale. With management calling that out as the strongest it’s been in over three years, it’s clear that the business remains has started to find its footing. By brand, The North Face grew 5% with gains in performan...
Hemisphere Energy Corporation ( HME:CA ) declares $0.03/share special dividend . Payable May 28; for shareholders of record May 14; ex-div May 14. See HME:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Hemisphere Energy Corporation Hemisphere Energy: The 'No Drama' Stock In Your Retirement Portfolio Historical earnings data for Hemisphere Energy Corporation Dividend scorecard for H...
Hemisphere Energy Corporation ( HME:CA ) declares $0.03/share special dividend . Payable May 28; for shareholders of record May 14; ex-div May 14. See HME:CA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Hemisphere Energy Corporation Hemisphere Energy: The 'No Drama' Stock In Your Retirement Portfolio Historical earnings data for Hemisphere Energy Corporation Dividend scorecard for Hemisphere Energy Corporation Financial information for Hemisphere Energy Corporation
artplus/iStock via Getty Images As stocks powered ahead for a tenth consecutive day of gains with the major market indexes closing in on their all-time highs, I am asking myself if the economy is better off today than it was before the war started six weeks ago. The answer is an emphatic no, but investors seem to be expecting a swift resolution that returns financial conditions to pre-war levels. ...
artplus/iStock via Getty Images As stocks powered ahead for a tenth consecutive day of gains with the major market indexes closing in on their all-time highs, I am asking myself if the economy is better off today than it was before the war started six weeks ago. The answer is an emphatic no, but investors seem to be expecting a swift resolution that returns financial conditions to pre-war levels. I argued a month ago that the pullback in stocks would be short lived with expectations that President Trump would reverse course within a month. Granted, a ceasefire did ensue, but we are now six weeks into a stalemate that continues to choke off one of the critical arteries to the global economy. Major index charts (Image) With the U.S. imposing a blockade on the Iranian blockade of the Strait of Hormuz the current traffic through the waterway is still 10% to 15% of the pre-war average. The President has suggested that a second round of negotiations is imminent, but Iran has not confirmed this to be so for an important reason. They hope to extend the ceasefire and drag out the negotiations for weeks, because the longer the strait remains effectively closed the more economic pressure it puts on the global economy and President Trump. Perhaps he believes the market recovery and pullback in oil prices has bought him more time, but I’m concerned that investors are ignoring the deteriorating economic data that is in front of us. Nasdaq streak (Image) Oil prices have pulled back from their highs, but with WTI crude at $90 it is still nearly 50% higher than before the war started. If terms are agreed to later this week when a second round of negotiations could happen, then we may see a further decline, but it will take months to bring production and supply back online to pre-war levels. These elevated prices are evident in gasoline with the national average at $4.11, but they have yet to show up in other goods and services, due to higher transportation and material costs. This i...
Robusta coffee climbed to the highest in almost two weeks in London, on concern that parts of top grower Vietnam are too dry and as exchange stockpiles continued to shrink. Forecasts of an El Niño phenomenon are stoking concerns about potential dryness in Vietnam and areas of Indonesia in the coming months, said Carlos Mera , head of agricultural commodity market research at Rabobank. There’s a ch...
Robusta coffee climbed to the highest in almost two weeks in London, on concern that parts of top grower Vietnam are too dry and as exchange stockpiles continued to shrink. Forecasts of an El Niño phenomenon are stoking concerns about potential dryness in Vietnam and areas of Indonesia in the coming months, said Carlos Mera , head of agricultural commodity market research at Rabobank. There’s a chance of isolated rain in Vietnam this week, which may spur limited flowering in some places, but more showers will be needed to ease dryness, weather forecaster Vaisala said Tuesday. Robusta futures gained as much as 1.5%, rising for a third day. Exchange-monitored stockpiles of robusta have steadily declined since early March, and are at the lowest since late 2024, potentially signaling a tightening market. “We see a significant robusta surplus globally, but declining certified stocks are causing some concern in the short term,” Mera said. Brazil’s exports of conilon, as its local robusta is known, have only recently begun to pick up, but are likely to be limited by a stronger real, he said. Robusta coffee rose 1.1% to $3,388 a ton in London. Arabica coffee edged down in New York. In other soft commodities, cocoa and raw sugar declined in New York.
Olga Shefer/iStock via Getty Images Previously in my article titled " Nektar Therapeutics: Unique MOA Translates To Stellar AD Maintenance Data, Strong Buy ", I delved into Nektar's main drug called REZPEG, and its maintenance data in P2b portion of the atopic dermatitis (( AD )) trial, and the data was very positive. For more background information on the company and REZPEG mechanism of action, p...
Olga Shefer/iStock via Getty Images Previously in my article titled " Nektar Therapeutics: Unique MOA Translates To Stellar AD Maintenance Data, Strong Buy ", I delved into Nektar's main drug called REZPEG, and its maintenance data in P2b portion of the atopic dermatitis (( AD )) trial, and the data was very positive. For more background information on the company and REZPEG mechanism of action, please refer to the previous article. Here I will discuss another key catalyst for NKTR that is coming up before the end of this April: REZPEG maintenance data in Alopecia Areata ( AA ) P2B trial called REZOLVE-AA. In short, based on the detailed 36wk induction data disclosed previously, plus the proven deepening response of REZPEG from the AD trial, I believe the data from the P2B 52wk maintenance period of the AA trial will very likely be positive. Specifically, my model suggests that by the end of 52wk maintenance period, REZPEG will show a probability-adjusted 28% patients achieving SALT score <20 in the treatment arms, which is the gold standard for measuring effective hair growth in AA. This data will match or exceed the current standard of care which is low dose (2mg) Baricitinib at 52 wk showing ~23% patients with SALT score <20. If this happens, there is high probability that NKTR's share will soar 30-40%, given as of now REZPEG's use case in AA is barely included in the valuation due to the controversial 36wk induction data, as I will explain below. REZPEG for AA: 36wk induction data overview The 36-week induction data was controversial, to say the least, primarily because four patients with major eligibility violations were mistakenly enrolled in the trial. This error became the make-or-break factor for the primary endpoint: the percentage of SALT score reduction. This selection of primary endpoint is also strange since it is a lot less strict than what most AA trials use which is %patients that reach <SALT20. Essentially, if those four patients are included, the ...
shapecharge Today is Tax Day, the yearly deadline for most Americans to file their federal income tax returns for the 2025 tax year. Whether you're ready to submit or scrambling for more time, here's what you need to know before the clock runs out. Deadline is today The IRS deadline to file federal income tax returns is April 15, as the agency’s website says. If filing online, taxes must be submit...
shapecharge Today is Tax Day, the yearly deadline for most Americans to file their federal income tax returns for the 2025 tax year. Whether you're ready to submit or scrambling for more time, here's what you need to know before the clock runs out. Deadline is today The IRS deadline to file federal income tax returns is April 15, as the agency’s website says. If filing online, taxes must be submitted electronically before midnight in your time zone. If filing by paper, your return must be postmarked today. What investors need to know Tax Day carries two portfolio-relevant deadlines that often go overlooked: today is the last day to make IRA and HSA contributions for the 2025 tax year, and the first installment of 2026 estimated taxes is also due, a critical consideration for anyone with significant capital gains, freelance income or investment distributions not covered by withholding. Missing either deadline can mean lost retirement savings opportunities or IRS underpayment penalties, both of which directly affect long-term returns. Not ready to file? If you can't complete your return by tonight, don't panic, but do act fast. Taxpayers can get an extension to file their federal income tax return until October 15, but the extension must be requested by April 15 to avoid penalties, according to the IRS. There are several ways to request an extension: Pay online and select "extension." Taxpayers who make a payment through IRS Direct Pay, debit or credit card or a digital wallet can select "extension" as the reason for the payment, which automatically generates an extension with no additional forms required. Taxpayers should keep their confirmation number for their records. File Form 4868 electronically. Most tax software programs and IRS-authorized e-file providers allow taxpayers to submit Form 4868 online. This is the fastest option and provides confirmation that the IRS accepted the request. Free File and Free Fillable Forms are available to all taxpayers regardless...
The European Commission said on Wednesday it intended to order Meta Platforms to reinstate rival artificial intelligence assistants on its WhatsApp messaging service after the U.S. tech giant imposed an access fee. "The Commission notified Meta that the revised policy seems to have the same effect of excluding third-party AI assistants from WhatsApp and thus appears at first sight to be in brea...
The European Commission said on Wednesday it intended to order Meta Platforms to reinstate rival artificial intelligence assistants on its WhatsApp messaging service after the U.S. tech giant imposed an access fee. "The Commission notified Meta that the revised policy seems to have the same effect of excluding third-party AI assistants from WhatsApp and thus appears at first sight to be in breach of EU competition rules," the EU's executive arm said. Interim measures, which the Commission imposes when it has concerns of damage to competition, would remain in place until the end of the investigation, it said.
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at the sale of gems giant De Beers, and: Kenyan fuel prices climb to a three-year high Mahindra wants to expand in South Africa A former Nigerian oil minister is on trial in London Losing its Sparkle Botswana’s president ...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at the sale of gems giant De Beers, and: Kenyan fuel prices climb to a three-year high Mahindra wants to expand in South Africa A former Nigerian oil minister is on trial in London Losing its Sparkle Botswana’s president is unnerving potential bidders for diamond-mining giant De Beers. With Anglo American setting tomorrow as the deadline for offers for its 85% stake, Duma Boko is maintaining that he wants his nation to control the company. Botswana owns 15% of De Beers, supplies most of its diamonds and has pre-emptive rights over Anglo’s stake. But it’s unclear where the money would come from and whether it would be wise investment. Firstly, the diamond industry — and with it the southern African country’s economy — is in a deep funk for which it’s hard to see a solution. Consumers, aside from the super rich, are turning in increasing numbers to lab-grown stones that are cheaper, take just weeks to make and look almost identical. Secondly, government control of De Beers by Botswana, or in a pact with fellow gems producers Angola and Namibia, would deter private bidders who would worry that political interests would prevail over a drive for profit. For Anglo, which became the largest shareholder in De Beers in 1926 and built it into the world’s dominant player, an impasse would prolong an already painful problem. Since early 2024, the mining behemoth has written down its valuation of De Beers by 75%. Boko visited Oman this week to sign a series of deals, including one pertaining to natural resources. He has previously said he was in talks with the Gulf nation’s sovereign wealth fund over De Beers. The first opposition leader to win the presidency in Botswana since independence six decades ago is taking a big risk. While the discovery of diamonds in 1967 lifted the country out of poverty, do...