fadfebrian/iStock via Getty Images Introduction It’s been over a year and a half since the last time I covered DoubleDown Interactive ( DDI ), and since then, the company’s share price has declined by over 38% compared to the SPY’s ( SPY ) 14.7% increase. Now that the company has released its full-year 2025 performance, let’s take a look at it in a bit more detail and see if it would be a good tim...
fadfebrian/iStock via Getty Images Introduction It’s been over a year and a half since the last time I covered DoubleDown Interactive ( DDI ), and since then, the company’s share price has declined by over 38% compared to the SPY’s ( SPY ) 14.7% increase. Now that the company has released its full-year 2025 performance, let’s take a look at it in a bit more detail and see if it would be a good time to jump in right now. Performance For the full year 2025, DDI grew its revenues by around 5% to around $360 million . Not the best growth for an online platform. The company’s largest region, the U nited States , saw declines of around 10% y/y, but this was more than offset by growth in the UK and Germany markets. UK revenues are showing fantastic growth over the last three years, growing over 420% from ’23-’24, and then 113% growth from ’24-’25. Germany grew 1680% to around $17 million this past year. This is mainly because the company acquired WHOW Games. This acquisition had its first full quarter under DDI, so I am expecting this performance to be maintained going forward. DDI 20F The biggest revenue contributor was still social casino games, but it did decline slightly over last year to $299 million vs. $308.2 million, while iGaming, which is the company’s SuprNation platform, a European iGaming operator, grew to $61 million from $33 million last year, which equates to around 84% y/y growth. iGaming is the company’s growth engine. In terms of profitability and efficiency, adjusted EBITDA came in at around $142.3 million, which was basically unchanged from last year’s $141.9 million. Overall, since the end of 2024, the company’s profitability declined by 350-800bps when looking at EBITDA, EBIT, and net margins. Seeking Alpha Let’s take a look at DDI’s financial position. The company finished the year with around $389 million in adjusted EBITDA and around $142.3 million in cash and equivalents, as well as $101 million in ST investment, bringing its liquidity to over $4...
iQoncept/iStock via Getty Images As Q1 2026 earnings season approaches, the healthcare sector enters reporting season as one of the market's primary laggards, with the Health Care Select Sector SPDR Fund ( XLV ) down 5.29% in Q1 2026, slightly underperforming the S&P 500's 4.63% decline amid inflation pressures, rising Treasury yields, and tighter Medicare Advantage reimbursement conditions. Again...
iQoncept/iStock via Getty Images As Q1 2026 earnings season approaches, the healthcare sector enters reporting season as one of the market's primary laggards, with the Health Care Select Sector SPDR Fund ( XLV ) down 5.29% in Q1 2026, slightly underperforming the S&P 500's 4.63% decline amid inflation pressures, rising Treasury yields, and tighter Medicare Advantage reimbursement conditions. Against that challenging backdrop, upward EPS revisions within the small-cap healthcare space stand out as a particularly meaningful signal, indicating that analysts see company-specific catalysts strong enough to override sector-wide headwinds. The following list highlights small-cap healthcare stocks that have earned the highest possible Seeking Alpha EPS Revision Grade of A+, spanning biotechnology, pharmaceuticals, health care services, and health care equipment. The list includes Design Therapeutics, Inc. ( DSGN ), Immuneering Corporation ( IMRX ), and InnovAge Holding Corp. ( INNV ), all carrying the highest A+ EPS revision grade. InnovAge Holding Corp. ( INNV ) stands out with a Strong Buy quant rating of 4.87, while KalVista Pharmaceuticals, Inc. ( KALV ) follows closely with a Strong Buy rating of 4.66. The list features diversity across healthcare subsectors, including biotechnology firms like Kyverna Therapeutics, Inc. ( KYTX ) and vTv Therapeutics Inc. ( VTVT ), as well as health care equipment providers such as Pulse Biosciences, Inc. ( PLSE ) and Tactile Systems Technology, Inc. ( TCMD ). Theravance Biopharma, Inc. ( TBPH ) represents the pharmaceuticals industry with a Strong Buy rating of 4.56. Here is the list: Design Therapeutics, Inc. ( DSGN ), EPS Revision: A+ Immuneering Corporation ( IMRX ), EPS Revision: A+ InnovAge Holding Corp. ( INNV ), EPS Revision: A+ KalVista Pharmaceuticals, Inc. ( KALV ), EPS Revision: A+ Kyverna Therapeutics, Inc. ( KYTX ), EPS Revision: A+ Precigen, Inc. ( PGEN ), EPS Revision: A+ Pulse Biosciences, Inc. ( PLSE ), EPS Revision: A...
Morsa Images/DigitalVision via Getty Images NewLake Capital Partners ( NLCP ) is a special-situation real estate investment trust (REIT) that sits somewhere between a high-yield bond play and a regulatory arbitrage play. It is internally managed, providing real estate capital to state-licensed cannabis operators primarily through sale-leaseback transactions. As of April 2026, it has 34 properties ...
Morsa Images/DigitalVision via Getty Images NewLake Capital Partners ( NLCP ) is a special-situation real estate investment trust (REIT) that sits somewhere between a high-yield bond play and a regulatory arbitrage play. It is internally managed, providing real estate capital to state-licensed cannabis operators primarily through sale-leaseback transactions. As of April 2026, it has 34 properties across states, including 15 cultivation facilities and 19 dispensaries. The stock currently trades over the counter on the OTCQX at around the $13 level and gives over 12% dividend yield, with an adjusted funds from operations (AFFO) per share of $2.09. Yield Trends NLCP is currently one of the highest-yielding REITs on the U.S. market—the yield is slightly inflated because the stock price trades lower due to the liquidity discount of trading only on the OTCQX. Since the IPO in 2021, NLCP has aggressively increased its payout in a step-up fashion as it scaled its property portfolio . A high yield can be a red flag if not backed by cash flows, but NLCP has a payout ratio of ~84%, which is quite healthy. Compare this to the industry bellwether Innovative Industrial ( IIPR ), which is paying out at a ratio of over 170% for a yield of ~14%, indicating that earnings aren't sufficient to cover its dividend payouts and that it has to dip into its balance sheet, mostly due to some of its key tenants —Parallel, King's Garden, and Green Peak Industries—having stopped their rental payments. While these are not unusual operational issues and can be overcome, they definitely represent a challenge for the moment. On the other hand, NLCP's numbers so far seem like a green flag indicating it has a reasonable grip on managing its properties. This doesn’t mean, however, that the yield is stable compared to REITs in general—only that it’s doing well for the cannabis sector, which commands a much stronger risk premium. This is exacerbated by the "higher-for-longer" interest rates. News of some...
asbe Edmund Shing, global chief investment officer for BNP Paribas Wealth Management, is urging investors to stay calm amid volatile market conditions, advising them to “take a deep breath” and focus on diversification opportunities rather than making reactive trades. In an interview with CNBC, Shing pointed to gold ( XAUUSD:CUR ) as a particularly attractive asset, noting that despite recent pric...
asbe Edmund Shing, global chief investment officer for BNP Paribas Wealth Management, is urging investors to stay calm amid volatile market conditions, advising them to “take a deep breath” and focus on diversification opportunities rather than making reactive trades. In an interview with CNBC, Shing pointed to gold ( XAUUSD:CUR ) as a particularly attractive asset, noting that despite recent price declines, BNP Paribas maintains a 12-month price target of $5,500 per ounce—substantial upside from the current level of approximately $4,750. The wealth management executive cautioned against knee-jerk reactions to market swings driven by headlines, political messaging, and misinformation. “We always advise our clients not to panic, not to panic buy or panic sell, and that they should be thinking about trying to take a longer-term perspective,” Shing said. He warned that fixating on the latest trading developments or messages from President Donald Trump creates unnecessary volatility and can lead investors to “change course too dramatically.” Gold ( XAUUSD:CUR ) remains a cornerstone of Shing’s diversification strategy despite its recent pullback following strong performance in 2024 and 2025. He emphasized that the underlying fundamentals supporting gold prices remain intact, describing it as “a diversifying asset in a portfolio that requires diversification.” In an environment of elevated inflation, Shing argued, commodities and gold in particular serve as essential portfolio components. The BNP Paribas CIO stressed that traditional portfolio construction relying solely on stocks and bonds is no longer sufficient. Bonds have failed to provide their typical hedging function during recent market stress, he noted, making it essential for investors to seek alternative assets to protect their portfolios. Shing identified geopolitical factors as critical near-term risks, particularly the status of the Strait of Hormuz. The disruption to global supplies of oil, gas, fertilizer...
JHVEPhoto/iStock Editorial via Getty Images UBS downgraded ServiceNow ( NOW ) to Neutral from Buy as it expects revenue beats for the next few quarters to be less than normal and current remaining performance obligations to decline slightly. ServiceNow shares had dropped 6% during Friday morning trading. Shares have now lost 45% of their value year to date. "To date, our view has been that Service...
JHVEPhoto/iStock Editorial via Getty Images UBS downgraded ServiceNow ( NOW ) to Neutral from Buy as it expects revenue beats for the next few quarters to be less than normal and current remaining performance obligations to decline slightly. ServiceNow shares had dropped 6% during Friday morning trading. Shares have now lost 45% of their value year to date. "To date, our view has been that ServiceNow is better positioned for this AI era relative to other application software firms, and hence it has been our only Buy-rated application software stock, as we've been quite cautious on the broader group," said UBS analysts Karl Keirstead and Claire Gerder in an investor note. "Given that our confidence in that view has weakened and we're hearing more anecdotes of non-AI apps software budget pressure, we're moving to a Neutral rating despite the material YTD de-rating in the stock to 15x 2026 FCF." UBS slashed its price target on the stock to $100 from $170. It also lowered its current remaining performance obligations estimate to 16% from 20% for the end of 2026. "Beginning in December, we began hearing F500 enterprises and partners express a view that because AI and the associated data and infrastructure spend were expected to inflect in 2026, spending on non-AI or core software spend was now under greater pressure," Keirstead noted. "We'd estimate that over half our enterprise customer calls these days include some anecdotes of containing non-AI spend." "We did not hear consistent buy-in about using ServiceNow at the agent orchestration layer," he added. "On a positive note, several customers argued that ServiceNow was 'actively engaging AI' and that its leadership was being very front-footed." More on ServiceNow ServiceNow: Fear Is Creating A Generational Entry Point ServiceNow: A Strong Bet On Agentic AI ServiceNow: Enterprise Stickiness Will Not Be Threatened After AI Integration Software sector plunges, cybersecurity names hit hardest, as AI disruption concerns per...
The preliminary April consumer sentiment index slumped to 47.6 from 53.3 in March, according to University of Michigan data. The survey period includes responses from March 24 to April 7. That was below all but one estimate in a Bloomberg survey of economists. Mike McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)
The preliminary April consumer sentiment index slumped to 47.6 from 53.3 in March, according to University of Michigan data. The survey period includes responses from March 24 to April 7. That was below all but one estimate in a Bloomberg survey of economists. Mike McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)
Tottenham boss Roberto de Zerbi says he is "not better" than predecessors Thomas Frank or Igor Tudor as he prepares to take charge of his first game at the Premier League strugglers.
Tottenham boss Roberto de Zerbi says he is "not better" than predecessors Thomas Frank or Igor Tudor as he prepares to take charge of his first game at the Premier League strugglers.
Wheat is starting off Friday with losses across the three markets. The wheat complex was weaker on Thursday, following an increased stocks number from USDA. Chicago SRW futures saw losses of 4 ¾ to 7 ¼ cents at the close. Open interest was down 15,543 contracts, as May dropped 21,480...
Wheat is starting off Friday with losses across the three markets. The wheat complex was weaker on Thursday, following an increased stocks number from USDA. Chicago SRW futures saw losses of 4 ¾ to 7 ¼ cents at the close. Open interest was down 15,543 contracts, as May dropped 21,480...
Soybeans are starting off Friday with 2 to 4 cent gains. Futures posted gains of ¼ to 4 cents on Thursday, led by the front months. Open interest suggested a rotation of ownership, up just 248 contracts. The cmdtyView national average Cash Bean price was up 3 3/4 cents at...
Soybeans are starting off Friday with 2 to 4 cent gains. Futures posted gains of ¼ to 4 cents on Thursday, led by the front months. Open interest suggested a rotation of ownership, up just 248 contracts. The cmdtyView national average Cash Bean price was up 3 3/4 cents at...
Shares of Palantir (NASDAQ:PLTR) took a major hit on Thursday, plunging by more than 7% alongside the broader software scene, which is increasingly nervous about the AI impact following Anthropic’s latest AI model, Claude Mythos, which is so powerful that it’s only going to be released to tech firms. Now, it seems like Palantir stock ... Palantir Stock “Priced for Perfection,” Says Pro. But Here’s...
Shares of Palantir (NASDAQ:PLTR) took a major hit on Thursday, plunging by more than 7% alongside the broader software scene, which is increasingly nervous about the AI impact following Anthropic’s latest AI model, Claude Mythos, which is so powerful that it’s only going to be released to tech firms. Now, it seems like Palantir stock ... Palantir Stock “Priced for Perfection,” Says Pro. But Here’s Why It’s Not Time to Sell
asbe/iStock via Getty Images The Sprott Physical Platinum and Palladium Trust ( SPPP ) ( SPPP:CA ) is a closed-end fund that can give investors exposure to platinum and palladium, which together effectively encompass the market price of PGMs, used primarily in the catalytic converters of cars as their majority application, primarily palladium, whereas at least platinum has some more industrial use...
asbe/iStock via Getty Images The Sprott Physical Platinum and Palladium Trust ( SPPP ) ( SPPP:CA ) is a closed-end fund that can give investors exposure to platinum and palladium, which together effectively encompass the market price of PGMs, used primarily in the catalytic converters of cars as their majority application, primarily palladium, whereas at least platinum has some more industrial uses. Our position on the SPPP is the following: Because of exposure to PGM prices, we are cautious, as we think there are threats to the direction of PGMs due to the Middle Eastern geopolitical situation. As equity researchers and value investors, we cannot countenance, frankly almost ever, buying a physical trust for a commodity over buying a business that mines that commodity, which can operationally add value and provide a productive yield, particularly when physical trusts carry high fees to keep custody over the physical assets. On both those counts, our position is not to get involved in PGM bets, as we find the geopolitical drivers of the price currently too unpredictable and don't want to take a position one way or another due to the risks and the volatility of the commodity. Breakdown The physical trust has a management fee of 1.01% . This is quite normal for physical trusts and is higher than diversified exposures in the form of ETFs, which usually carry lower passive fees. Due to the need to have physical custody of a commodity, the expenses are higher. Discussing the matter of how to get exposure to PGMs, we'd immediately argue that miners, such as Valterra Platinum Limited ( ANGPY ), make more sense since they are a productive company, adding value operationally through asset development, and pay a dividend, albeit highly variable based effectively on PGM prices . Therefore, it provides the same exposure but also the capacity to compound value as an operating mining business, an established one at that. The performance bears out the advantage, too. Data by YChart...
U.S. Vice President JD Vance speaks to the media before boarding Air Force Two for expected departure to Pakistan for talks on Iran, at Joint Base Andrews, Maryland, U.S., April 10, 2026. Jacquelyn Martin | Via Reuters Vice President JD Vance said on Friday that he thinks negotiations with Iran to end the six-week war will be " positive ," while warning Tehran's diplomatic team not to "play us." V...
U.S. Vice President JD Vance speaks to the media before boarding Air Force Two for expected departure to Pakistan for talks on Iran, at Joint Base Andrews, Maryland, U.S., April 10, 2026. Jacquelyn Martin | Via Reuters Vice President JD Vance said on Friday that he thinks negotiations with Iran to end the six-week war will be " positive ," while warning Tehran's diplomatic team not to "play us." Vance spoke to reporters before boarding Air Force Two at Joint Base Andrews in Maryland to fly to Pakistan for those talks, set to begin Saturday in Islamabad. The sitdown comes as a two-week ceasefire that began Tuesday has been threatened by continued Israeli attacks in Lebanon , and by President Donald Trump 's frustration with Iran continuing to block most shipping traffic through the Strait of Hormuz . The Strait is the world's most vital shipping route for oil . Before the war, 20% of the world's crude was shipped through that passage. "We're looking forward to the negotiation," Vance said Friday. "I think it's going to be positive." "As the president of the United States said, if the Iranians are willing to negotiate in good faith, we're certainly willing to extend the open hand," Vance said. "If they're going to try to play us, then they're going to find that the negotiating team is not that receptive," he added. "So we're trying to have a positive negotiation. The president ... gave us some pretty clear guidelines, and we're going to see." Read more CNBC politics coverage Kevin Warsh Fed chair confirmation plan hits snag as nomination hearing is delayed China’s Xi invokes ‘threat’ of Taiwan independence in first cross-strait opposition talks in a decade Trump says Iran ‘better stop now’ if it’s charging oil tankers fees to go through Strait of Hormuz Keir Starmer: ‘I’m fed up’ with Trump and Putin affecting UK energy costs U.S. Postal Service seeks hike in price of first-class mail stamps to 82 cents in July In an announcement Tuesday evening, Trump said that the U...
The retired midfielder’s absence for the semi-final of Euro 2016 was the great ‘what-if’ of Welsh football, but even so his brilliant career managed to transform a footballing public for ever If some footballers take time to reach their potential, others seem to be the finished article before they’re able to drive. A teenage Aaron Ramsey was firmly in the latter camp. After only 11 league starts f...
The retired midfielder’s absence for the semi-final of Euro 2016 was the great ‘what-if’ of Welsh football, but even so his brilliant career managed to transform a footballing public for ever If some footballers take time to reach their potential, others seem to be the finished article before they’re able to drive. A teenage Aaron Ramsey was firmly in the latter camp. After only 11 league starts for Cardiff he had made his international debut for Wales against Denmark, turned down Manchester United in favour of Arsenal, and given Cardiff fans one of the great what-ifs of their club’s modern age after Dave Jones chose not to start him in the 2008 FA Cup final against Portsmouth, with Ramsey being the tender age of 17. Success-starved supporters who should know better will pin their hopes on to the narrowest of young shoulders, and yet it all seemed so easy for the teenager from Caerphilly who was captain of his country by the age of 20, would go on to play in a World Cup and two European Championships and this week retired as an icon of the Welsh game. Continue reading...
Trump Rebukes Carlson, Kelly, Owens, & Jones Over Iran Comments Authored by Luis Cornelio via HeadlineUSA , President Donald Trump minced no words in a lengthy and fiery rebuke of podcast hosts Tucker Carlson, Megyn Kelly, Candace Owens and Alex Jones amid their criticisms over the U.S.’s military operations in Iran. President Donald Trump speaks before signing an executive order barring transgend...
Trump Rebukes Carlson, Kelly, Owens, & Jones Over Iran Comments Authored by Luis Cornelio via HeadlineUSA , President Donald Trump minced no words in a lengthy and fiery rebuke of podcast hosts Tucker Carlson, Megyn Kelly, Candace Owens and Alex Jones amid their criticisms over the U.S.’s military operations in Iran. President Donald Trump speaks before signing an executive order barring transgender female athletes from competing in women's or girls' sporting events, in the East Room of the White House, Wednesday, Feb. 5, 2025, in Washington. (AP Photo/Alex Brandon) “ They’re stupid people, they know it, their families know it, and everyone else knows it, too! Look at their past, look at their record. They don’t have what it takes, and they never did!” Trump wrote on Truth Social. His comments come as part of a 482-word takedown that directly accuses Carlson, Kelly, Owens and Jones of seemingly stirring controversy for views engagement. “They’ve all been thrown off Television, lost their Shows, and aren’t even invited on TV because nobody cares about them, they’re NUT JOBS, TROUBLEMAKERS, and will say anything necessary for some ‘free’ and cheap publicity,” Trump added. pic.twitter.com/S08mFUxUmR — Rapid Response 47 (@RapidResponse47) April 9, 2026 His comments follow some of these hosts taking issue with Trump’s warning to Iran that a “whole civilization will die tonight” over Easter weekend if the Islamic regime did not reopen the Strait of Hormuz. “ Now it’s time to say no, absolutely not, and say it directly to the president, no ,” Carlson said , for instance. Trump targeted each individual with personalized criticism, saying that Carlson “couldn’t even finish college” and was a “broken man when he got fired from Fox.” Trump also targeted Kelly, saying she “nastily asked me the now famous ‘Only Rosie O’Donnell,’” and then slammed Owens as “‘crazy.” Trump also referenced the past controversy surrounding Owens’ dubious claims that French First Lady Brigitte Macron...