Olga Yastremska/iStock via Getty Images Those who follow me will know that I have a range-bound outlook for the markets over the next 2-3 quarters - through volatility, of course. Which is why I have been upgrading covered call strategies with a higher amount of notional coverage (closer to full coverage) versus those that are less aggressive and keep upside capture open. The idea is that the only...
Olga Yastremska/iStock via Getty Images Those who follow me will know that I have a range-bound outlook for the markets over the next 2-3 quarters - through volatility, of course. Which is why I have been upgrading covered call strategies with a higher amount of notional coverage (closer to full coverage) versus those that are less aggressive and keep upside capture open. The idea is that the only scenario we do not need to plan for is a sharp upside. Remember, a slower grinding move up can still be captured by an aggressive covered call strategy - it is only rallies sharp enough like those in 2025 (especially from the April 2025 lows to October highs) that are capped by aggressive option writing. Until that kind of sharp upside scenario comes back into reckoning, higher volatility and a net-net flat market mean a great period for income harvesting - hence aggressive covered calls. The reasons for my flat to pressured outlook (at least no runaway rally) are a combination of factors. For the secular growth segment, we have SaaS reeling from uncertainties around AI commoditization risks - likely to await developments in the AI space and how enterprises react/adopt (that is, no rebound hurry for the next 3-4 quarters). AI infrastructure and semis are at peak valuations - demand is strong, but peak cycle fears mean earnings growth gets absorbed by a contracting multiple until we know the extent of the demand curve (particularly the future of hyperscaler capex). Historically, multiple compressions in the semis and memory space have often preceded the peak (although I do expect a lower trough given demand strength). Hyperscalers and platform players are in a build phase - the near-term cash flow pressures and uncertain AI monetization economics should keep upside in check. For the rest of the broader markets, stagflation risks and geopolitical uncertainties block outright rally possibilities. With that backdrop and outlook, directing incremental income capital toward stra...
CLEVELAND, April 14, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2026 third quarter earnings before the market opens on Thursday, April 30, 2026, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2026 third quarter resu...
CLEVELAND, April 14, 2026 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2026 third quarter earnings before the market opens on Thursday, April 30, 2026, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2026 third quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker's investor website at investors.parker.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.
Federal Judge Temporarily Allows Pentagon To Enforce Press Restrictions Authored by Matthew Vadum via The Epoch Times (emphasis ours), A federal court on April 13 temporarily allowed the Trump administration to enforce its media access restrictions at the Pentagon after blocking the policy last month. The Department of War logo at the Pentagon in Arlington, Va., on March 10, 2026. Madalina Kilroy/...
Federal Judge Temporarily Allows Pentagon To Enforce Press Restrictions Authored by Matthew Vadum via The Epoch Times (emphasis ours), A federal court on April 13 temporarily allowed the Trump administration to enforce its media access restrictions at the Pentagon after blocking the policy last month. The Department of War logo at the Pentagon in Arlington, Va., on March 10, 2026. Madalina Kilroy/The Epoch Times Judge Paul L. Friedman of the U.S. District Court for the District of Columbia granted the federal government’s request for a 14-day administrative stay of his March 20 order blocking the restrictions. Friedman did not provide reasons for his decision, which stops his own prior ruling blocking the policy from going into effect for now. The government had asked for the 14-day stay to allow the U.S. Court of Appeals for the District of Columbia Circuit to consider the Department of War’s appeal of the March 20 decision. In that ruling, Friedman issued a permanent injunction preventing the department from enforcing the challenged restrictions. The Department of War tightened its rules for the media in September 2025 after officials said reporters were roaming the halls of the Pentagon, jeopardizing national security. The new rules stated that soliciting non-public information from department personnel or encouraging employees to break the law “falls outside the scope of protected newsgathering activities.” They also stated that reporters would be denied press passes if officials determined they posed a safety or security risk. The New York Times, which filed a lawsuit late last year to block the policy, previously claimed restricting journalists’ access to the Pentagon building and its employees was unconstitutional. The media outlet said the policy ran afoul of the First Amendment by limiting “journalists’ ability to do what journalists have always done—ask questions of government employees and gather information to report stories that take the public beyond o...
The United States' foreign router ban didn't make a whole lot of sense , and today may not change that. The FCC has just granted Netgear a conditional approval to import its future consumer routers, cable modems, and cable gateways into the US through October 1st, 2027 - even though the company builds those devices in Asia and has not announced any plan to bring manufacturing to the United States....
The United States' foreign router ban didn't make a whole lot of sense , and today may not change that. The FCC has just granted Netgear a conditional approval to import its future consumer routers, cable modems, and cable gateways into the US through October 1st, 2027 - even though the company builds those devices in Asia and has not announced any plan to bring manufacturing to the United States. Neither the FCC's announcement nor Netgear's announcement explain why Netgear was granted the temporary exemption. The FCC only states that the Pentagon has now made "a specific determination" that "such devices do not pose risks to U.S. national … Read the full story at The Verge.
Groot Hospitality Founder David Grutman discusses consumer spending trends, working with Bad Bunny, and his new book, ‘Take it Personal.’ He talks with Katie Greifeld and Isabelle Lee on “The Close.” (Source: Bloomberg)
Groot Hospitality Founder David Grutman discusses consumer spending trends, working with Bad Bunny, and his new book, ‘Take it Personal.’ He talks with Katie Greifeld and Isabelle Lee on “The Close.” (Source: Bloomberg)
Krot Studio/iStock via Getty Images OpenAI ( OPENAI ) revealed its GPT-5.4-Cyber today, exactly one week after Anthropic ( ANTHRO ) made waves with the public revelation of its Claude Mythos Preview , which also featured advanced cybersecurity capabilities. The advent of Mythos prompted a range of cybersecurity stocks to fall. However, these were mostly static during early post-market trading on T...
Krot Studio/iStock via Getty Images OpenAI ( OPENAI ) revealed its GPT-5.4-Cyber today, exactly one week after Anthropic ( ANTHRO ) made waves with the public revelation of its Claude Mythos Preview , which also featured advanced cybersecurity capabilities. The advent of Mythos prompted a range of cybersecurity stocks to fall. However, these were mostly static during early post-market trading on Tuesday. Similar to Anthropic's release of Mythos, which was only shared with about 40 big tech companies, OpenAI is also being selective with who gains access to Cyber. The model will be available for some members of OpenAI's Trusted Access for Cyber program. Individual users and enterprises can apply to join the program. "All customers approved through this process will gain access to versions of existing models with reduced friction around safeguards which might trigger on dual-use cyber activity, allowing them to continue to support security education, defensive programming, and responsible vulnerability research," OpenAI said. While AI tools pose greater threats to software systems, they can also help identify threats and vulnerabilities. OpenAI plans to allow more users to test Cyber's capabilities in the weeks and months ahead. "Digital infrastructure has already been vulnerable for years, before advanced AI even came along," OpenAI said. "Now, existing models can help find vulnerabilities, reason across codebases, and support meaningful parts of the cyber workflow, and threat actors are experimenting with novel AI-driven approaches. We've seen sophisticated harnesses elicit stronger and stronger capabilities by using more test-time compute with existing models. That means safeguards cannot wait for a single future threshold." More on OpenAI and Anthropic Anthropic Is Taking Over Enterprise Wall Street Lunch: Anthropic Tries To Contain Claude Code Instruction Leak Anthropic's IPO: What You Need To Know Microsoft will rent 30,000 Nvidia chips from Nscale in Norway deal...
Bitcoin on Tuesday tested a key level that has blocked gains for months, as technical analysts watched for signs that the cryptocurrency may finally be ready to break out.
Bitcoin on Tuesday tested a key level that has blocked gains for months, as technical analysts watched for signs that the cryptocurrency may finally be ready to break out.
23andMe Research Institute Founder & CEO Anne Wojcicki discusses the company’s strategic shift after reacquisition, being early into the DTC movement, and the decision to not actively work with AI firms for the time being. She talks with Katie Greifeld and Isabelle Lee on “The Close.” (Source: Bloomberg)
23andMe Research Institute Founder & CEO Anne Wojcicki discusses the company’s strategic shift after reacquisition, being early into the DTC movement, and the decision to not actively work with AI firms for the time being. She talks with Katie Greifeld and Isabelle Lee on “The Close.” (Source: Bloomberg)
CoreWeave (NASDAQ: CRWV) revenue has more than doubled in every quarter over the past year, reaching $5.1 billion on a trailing-12-month basis. Analysts expect that growth to continue, with revenue forecast to roughly double again this year to more than $12 billion. This artificial intelligence (AI) cloud provider has benefited from signing long-term contracts with top AI companies like Microsoft ...
CoreWeave (NASDAQ: CRWV) revenue has more than doubled in every quarter over the past year, reaching $5.1 billion on a trailing-12-month basis. Analysts expect that growth to continue, with revenue forecast to roughly double again this year to more than $12 billion. This artificial intelligence (AI) cloud provider has benefited from signing long-term contracts with top AI companies like Microsoft , OpenAI, and Meta Platforms . It also just reached a new deal with Anthropic. However, there's one weakness that keeps me from viewing it as the best AI infrastructure investment. Continue reading
Sergio Delle Vedove Nike ( NKE ) shares saw a modest bump in Tuesday’s after-hours trading after CEO Elliott Hill and Apple ( AAPL ) CEO Tim Cook increased their stakes in the sportswear giant. According to a filing with the U.S. Securities and Exchange Commission, Cook, who has been on the Nike ( NKE ) board since November 2005, purchased 25K shares last week at an average price of $42.43 per sha...
Sergio Delle Vedove Nike ( NKE ) shares saw a modest bump in Tuesday’s after-hours trading after CEO Elliott Hill and Apple ( AAPL ) CEO Tim Cook increased their stakes in the sportswear giant. According to a filing with the U.S. Securities and Exchange Commission, Cook, who has been on the Nike ( NKE ) board since November 2005, purchased 25K shares last week at an average price of $42.43 per share. This brings Cook’s total holdings in Nike ( NKE ) to 130,480 shares. On Monday, Nike ( NKE ) CEO Elliott Hill bought ~24K shares at an average price of $42.265 per share, increasing his total holdings to 265,248 shares. More on Nike Nike Earnings Summary: Continued Lack Of Revenue Growth Is Particularly Disheartening Nike: A Textbook Trap For Contrarians Wall Street Lunch: Nike Tumbles On Soft Forecast Insider trades: Nike, Marvell Technology among notable names Nike runs through another chief innovation officer
SweetBunFactory/iStock via Getty Images The AI data center market is receiving substantial tailwinds as demand outstrips supply, leading to improving economics for compute capacity. With a growing demand for AI inferencing and agentic AI, I believe Broadcom Inc. ( AVGO ) is in an appealing position to participate in this transition, particularly when considering the XPUs’ relative productivity and...
SweetBunFactory/iStock via Getty Images The AI data center market is receiving substantial tailwinds as demand outstrips supply, leading to improving economics for compute capacity. With a growing demand for AI inferencing and agentic AI, I believe Broadcom Inc. ( AVGO ) is in an appealing position to participate in this transition, particularly when considering the XPUs’ relative productivity and power efficiency with respect to their customers’ respective data center environments. Given the prevalent power constraints hamstringing the market, I suspect there may be a stronger transition to custom silicon solutions so as to improve power efficiency. With this as a backdrop, I am recommending AVGO shares with a Strong Buy rating with a price target of $697/share at 30.95x eFY27 EV/aEBITDA. Broadcom Operational Update Corporate Filings One of the biggest growth drivers for Broadcom for eFY26 will be its custom ASIC business across its 5 cloud customers. With new deals being secured for greater capacity, Broadcom should realize exceptional top-line growth delivered over the coming fiscal years. Accordingly, AI silicon is expected to deliver 27% sequential growth to $10.7b in Q2 ’26, a major step up in the expected roadmap for broad custom ASIC adoption. I believe the driving force behind the accelerated growth going forward is the paradigm shift from AI training towards more inferencing and agentic AI, a major driver for the transition towards custom silicon and CPU solutions in the data center. I believe the transition will be driven by two factors: Purpose-built silicon to optimize performance. Improved cost-per-chip and improved power efficiency. Beyond the hyperscalers, Broadcom has secured a strategic agreement with Anthropic ( ANTHRO ) to supply 1GW of TPUs in 2026 and 3GW of capacity in 2027, a major step-up in growth for the company. OpenAI ( OPENAI ) is also expected to deploy 1GW of XPU capacity in 2027. An appealing market opportunity that Broadcom may real...