Cathie Wood has been buying and selling significant amounts of KTOS stock over the past few years. Now that the stock has come down, should you follow suit?
Cathie Wood has been buying and selling significant amounts of KTOS stock over the past few years. Now that the stock has come down, should you follow suit?
aimintang/iStock Unreleased via Getty Images Activist hedge fund Jana Partners is pushing payments company Fiserv ( FISV ) to sell additional assets and appoint new directors with payments and banking software experience. The activist investor has had months of private discussions, though is now sharing its thoughts publicly, Jana's managing partner Scott Ostfeld said at Wolfe Research's annual Ac...
aimintang/iStock Unreleased via Getty Images Activist hedge fund Jana Partners is pushing payments company Fiserv ( FISV ) to sell additional assets and appoint new directors with payments and banking software experience. The activist investor has had months of private discussions, though is now sharing its thoughts publicly, Jana's managing partner Scott Ostfeld said at Wolfe Research's annual Activist Conference, according to a Reuters report on Tuesday. Fiserv ( FISV ) shares have plunged almost 70% over the past year. The stock ticked higher by 1.5% on Tuesday. Fiserv has a market cap of $28 billion. Jana took a stake in Fiserv ( FISV ) late last year after a 60% drop in fintech company's shares. During Q1, Jana almost doubled its stake to just under 1%. Jana's Ostfeld didn't call for a broader breakup of the company, though he suggested it could be an option in the future if the stock doesn't improve. Fiserv wasn't immediately available for comment to Reuters. The WSJ reported in February that Jana had built a stake in Fiserv ( FISV ) and was pushing for changes to boost the payment technology company's stock price. More on Fiserv Fiserv, Inc. (FISV) Presents at 2026 Baird Global Consumer, Technology & Services Conference Transcript Fiserv, Inc. (FISV) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript Fiserv, Inc. (FISV) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript Large-cap stocks trading at discounted earnings multiples Fiserv lays out 2026 guidance, medium-term financial targets
As the energy sector evolves, investors often choose between land-based and offshore drilling experts. Choosing between Helmerich & Payne (NYSE:HP) and Noble (NYSE:NE) requires understanding their niches and financial stability. Helmerich & Payne focuses primarily on high-performance land rigs in the United States and select international markets. Noble operates as an offshore specialist, providin...
As the energy sector evolves, investors often choose between land-based and offshore drilling experts. Choosing between Helmerich & Payne (NYSE:HP) and Noble (NYSE:NE) requires understanding their niches and financial stability. Helmerich & Payne focuses primarily on high-performance land rigs in the United States and select international markets. Noble operates as an offshore specialist, providing deepwater rigs for complex underwater projects globally. Both companies serve as vital links in the global energy supply chain, but they face different operational hurdles and market cycles. While some investors are pivoting toward renewable energy stocks , Helmerich & Payne remains focused on providing drilling solutions for oil and natural gas exploration. The company operates a large fleet of high-specification land rigs, primarily serving customers in the U.S., Saudi Arabia, and Argentina. In fiscal year 2025, its largest drilling customer accounted for roughly 12% of consolidated operating revenues. Customer concentration like this adds a layer of risk to the business, as the loss of a major contract could significantly impact the bottom line. Continue reading
Taitai6769/iStock via Getty Images Cleveland-Cliffs ( CLF ) down 0.8% in Tuesday's trading despite receiving an upgrade to Hold from Sell with a ~$15 price target at GLJ Research, reflecting "a material change in the evidence" since the firm's Sell note a month ago, which said an inverted buyer-sentiment curve and the calendar’s seasonally weakest two-month window would drive a hot-rolled coil pri...
Taitai6769/iStock via Getty Images Cleveland-Cliffs ( CLF ) down 0.8% in Tuesday's trading despite receiving an upgrade to Hold from Sell with a ~$15 price target at GLJ Research, reflecting "a material change in the evidence" since the firm's Sell note a month ago, which said an inverted buyer-sentiment curve and the calendar’s seasonally weakest two-month window would drive a hot-rolled coil price rollover in this year's H2. " That bearish call has not played out," analyst Gordon L. Johnson says, as hot-rolled coil prices have continued to grind higher through the window that was expected to be the weakest, and "an unusually tight physical market colliding with a structural import wall has proven both more durable and more price-supportive" than modeled. This is a supply-led squeeze, not a demand boom, Johnson emphasizes, with underlying demand running at 1.0x-1.25x normal, compared to the 3x-4x post-stimulus surge of 2021. The analyst also sees little risk in President Trump easing steel tariffs this year, which would be viewed as a political liability with key Senate races in Ohio, Michigan, and other important states. More on Cleveland-Cliffs Cleveland-Cliffs: The Right Rally For The Wrong Reason Cleveland-Cliffs Q1 Earnings: A Mundane Report At A Time Of Uncertainty Cleveland-Cliffs: Big Improvement Coming
Apple Inc (NASDAQ:AAPL, XETRA:APC) shares were down 4% on Tuesday afternoon after the company's annual developer conference left some investors questioning the pace of its artificial intelligence rollout, even as analysts broadly viewed the event as a step forward. At its Worldwide Developers...
Apple Inc (NASDAQ:AAPL, XETRA:APC) shares were down 4% on Tuesday afternoon after the company's annual developer conference left some investors questioning the pace of its artificial intelligence rollout, even as analysts broadly viewed the event as a step forward. At its Worldwide Developers...
Shares of Bloom Energy (NYSE: BE) shot 10.7% higher within minutes of the market's opening on Tuesday but gave up all of those gains rapidly as the day progressed. As of 2 p.m. ET, the hydrogen stock was barely in the green. Bloom Energy stock rose on speculation, but it's worth knowing what it was. Image source: Getty Images. Continue reading
Shares of Bloom Energy (NYSE: BE) shot 10.7% higher within minutes of the market's opening on Tuesday but gave up all of those gains rapidly as the day progressed. As of 2 p.m. ET, the hydrogen stock was barely in the green. Bloom Energy stock rose on speculation, but it's worth knowing what it was. Image source: Getty Images. Continue reading
In this article SMH .NDX QQQ DRAM Follow your favorite stocks CREATE FREE ACCOUNT Traders work at the New York Stock Exchange on June 9, 2026. NYSE That escalated quickly. Investors' favorite trade is suddenly the one they can't stop betting against, even as it keeps going lower. Chip stocks in the VanEck Semiconductor ETF (SMH) are down on Tuesday. The ETF is now off more than 10% from the record...
In this article SMH .NDX QQQ DRAM Follow your favorite stocks CREATE FREE ACCOUNT Traders work at the New York Stock Exchange on June 9, 2026. NYSE That escalated quickly. Investors' favorite trade is suddenly the one they can't stop betting against, even as it keeps going lower. Chip stocks in the VanEck Semiconductor ETF (SMH) are down on Tuesday. The ETF is now off more than 10% from the record high reached last week, and options traders are betting it will get worse. Stock Chart Icon Stock chart icon The VanEck Semiconductor ETF (SMH) in the past five trading days Put volume outnumbered call volume by a factor of four as of midday Tuesday, according to data from ThinkOrSwim, and traders bought more than five times as many puts as calls. Of the almost $350 million in premium traded on SMH, $260 million was tied to puts, SpotGamma data show. The price action is a brutal about-face for investors who couldn't get enough of hardware stocks tied to the artificial intelligence buildout. However, for options traders who had been leaning bearish recently, the persistent put-buying in the face of deep selling is a sign some of the sector's biggest cheerleaders are looking elsewhere. "Friday's selloff was never going to be a one-hit wonder," Don Kaufman, co-founder of TheoTrade, said by phone. "All these SMH put-buyers are going to force market-makers to short the stock or sell Nasdaq futures which creates a very similar feedback to loop to what was causing it to go higher, but the downside can be exacerbated when money managers or retail [traders] panic." The bearish sentiment around SMH is showing up in the broader tech-heavy Nasdaq 100 , where options volumes in the Invesco QQQ ETF also skewed toward puts. Of the $3.7 billion traded in QQQ options Tuesday, about $2.5 billion was in puts. The most popular contract in QQQ by dollar amount and volume is currently the in-the-money 700-strike put expiring on Tuesday, with $44 million in premium exchanged. The runner-up is th...
A growing divergence between index-level volatility and individual stock volatility is signaling increased stress beneath the surface of the U.S. equity market, even as headline benchmarks continue to appear relatively stable. According to recent market data put together by The Kobeissi Letter, the average three-month implied volatility of an S&P 500 constituent has climbed to approximately 40, ma...
A growing divergence between index-level volatility and individual stock volatility is signaling increased stress beneath the surface of the U.S. equity market, even as headline benchmarks continue to appear relatively stable. According to recent market data put together by The Kobeissi Letter, the average three-month implied volatility of an S&P 500 constituent has climbed to approximately 40, marking its highest level since the sharp market sell-off in March and April 2025. The measure has surged roughly 10 points since the beginning of 2026 and now stands at its second-highest reading since the volatility shock triggered by the COVID-19 pandemic in 2020. Elevated implied volatility at the individual stock level typically reflects heightened uncertainty among investors and larger expected price swings across a broad range of companies. Such readings suggest that risk is becoming increasingly concentrated within the market despite the resilience of major indexes. Meanwhile, the S&P 500’s implied volatility remains near 15, a level that is well below historical periods of market stress. Analysts point to the outsized influence of mega-cap technology and growth stocks, whose substantial index weightings can dampen benchmark volatility and obscure weakness elsewhere. The widening gap suggests that market turbulence is becoming more pronounced beneath the surface, even as broad indexes project relative calm. S&P 500 Funds: ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( FXAIX ), ( VFIAX ), ( VFFSX ), and ( SWPPX ). More on markets Silver falls below 200-day MA, down 45% from its record high set earlier this year AI job crisis nowhere to be found as hiring remains strong, Apollo says BofA raises red flags as bear-market signals flash Beyond big tech: AI adoption spreads across nearly every sector AI benefits still concentrated in the Magnificent Seven, Apollo says
horstgerlach American Airlines ( AAL ) and Google ( GOOG ) ( GOOGL ) have agreed to a deal that would help American ( AAL ) increase its use of sustainable fuel with financial help from Google ( GOOG ) while giving the tech company reduced emissions credits. Under the terms of the largest publicly announced agreement between an airline and a corporate customer for sustainable aviation fuel certifi...
horstgerlach American Airlines ( AAL ) and Google ( GOOG ) ( GOOGL ) have agreed to a deal that would help American ( AAL ) increase its use of sustainable fuel with financial help from Google ( GOOG ) while giving the tech company reduced emissions credits. Under the terms of the largest publicly announced agreement between an airline and a corporate customer for sustainable aviation fuel certificates (SAFc), American ( AAL ) would take delivery of 35M gallons of SAF over three years at Chicago O’Hare International Airport, resulting in nearly 300,000 metric tons of carbon dioxide equivalent emissions reductions. Google ( GOOG ) ( GOOGL ) will cover the 35M gallons in return for the environmental credits—or SAFc—that it will use to offset emissions from employee business travel. SAFc are tradable environmental attributes that represent greenhouse gas reductions when airlines use sustainable biofuels in place of traditional fossil fuels. The sustainable aviation fuel will be produced from waste feedstocks such as used cooking oil. SAF can reduce emissions by up to 80% compared to traditional jet fuel. The use of biofuels can also help airlines offset soaring costs due to the steep increase in fuel prices. According to the International Air Transport Association , airline profits are expected to fall by nearly half this year in direct impact from the war in the Middle East. “War-related disruptions in the Middle East and rising fuel costs have shifted the outlook for airlines to the worse," IATA Director General Willie Walsh said in a statement. But while the 35M gallons is sizable, it reflects less than 1% of the 4B gallons of jet fuel American ( AAL ) uses each year. Last quarter, American Airlines ( AAL ) acknowledged that fuel costs increased by $400M in Q1 and was largely responsible for driving the company into the red for the quarter. For the year, American Airlines ( AAL ) anticipates elevated fuel costs could add as much as $5B to annual operating costs. Mor...
Standard Bots has raised $200 million in a new round of funding to ramp up manufacturing of robotic arms in the US as the country vies to keep pace with China in building more advanced robots. Standard Bots co-founder and CEO, Evan Beard joins Caroline Hyde to discuss on "Bloomberg Tech." (Source: Bloomberg)
Standard Bots has raised $200 million in a new round of funding to ramp up manufacturing of robotic arms in the US as the country vies to keep pace with China in building more advanced robots. Standard Bots co-founder and CEO, Evan Beard joins Caroline Hyde to discuss on "Bloomberg Tech." (Source: Bloomberg)
Real Madrid reveal they have made offer for Argentinian Arbeloa departs club, paving way for Mourinho return Real Madrid have revealed they have had a €150m (£129.4m) bid for Julián Alvarez rejected by city rivals Atlético Madrid. The Argentina striker has scored 49 goals in 106 appearances for Atlético since joining from Manchester City in 2024. The 26-year-old, whose contract runs until 2030, re...
Real Madrid reveal they have made offer for Argentinian Arbeloa departs club, paving way for Mourinho return Real Madrid have revealed they have had a €150m (£129.4m) bid for Julián Alvarez rejected by city rivals Atlético Madrid. The Argentina striker has scored 49 goals in 106 appearances for Atlético since joining from Manchester City in 2024. The 26-year-old, whose contract runs until 2030, reportedly wants to leave and has been linked with Arsenal and Barcelona. Florentino Pérez vowed before his reelection as Real’s president to submit a club-record offer for an unnamed “great player”. Continue reading...