J Studios/DigitalVision via Getty Images This is my first coverage on Fastly ( FSLY ). In this article, I will discuss their business, their successful expansion of the security vertical, and the resulting margin expansion. Finally, I will cover the valuation and why I believe the stock is a cautious Buy. Introduction For those unfamiliar with the company’s business, I want to briefly discuss thei...
J Studios/DigitalVision via Getty Images This is my first coverage on Fastly ( FSLY ). In this article, I will discuss their business, their successful expansion of the security vertical, and the resulting margin expansion. Finally, I will cover the valuation and why I believe the stock is a cautious Buy. Introduction For those unfamiliar with the company’s business, I want to briefly discuss their legacy operations and the emerging security vertical so we can better understand where the current NRR growth comes from and how long it can last. Fastly’s legacy business is operating an edge computing network. They provide points of presence at major internet exchange points. These serve as routing and logic hubs, with the ''recent'' addition of security services driving their current NRR growth. I believe this high-margin security side of the business will continue to drive margin expansion and sustain NRR growth in the near future. Let’s examine the reasons. The Edge Architecture and Comparison to AWS To understand the successful cross-selling of security services, and determine how long it can last, we need to better understand the technological niche they occupy. Fastly utilizes a WebAssembly runtime environment that pre-compiles dependencies, unlike AWS Lambda Edge, for example, which can experience 100-1000 ms delays due to "cold-start'' latency when a new request arrives. This makes Fastly’s services much faster as they can execute cold starts in the low-microsecond range . To be fair, AWS does offer faster edge services, but they are "dumb." I am talking about AWS CloudFront Functions , which has a 2 Megabyte memory limit. Thus, it is impossible to load complex logic into 2MB of RAM. So, an AWS customer can either choose a "dumb" and fast CloudFront or Lambda Edge Functions setup, or Lambda Edge, which suffers from higher latency due to the "cold start." Fastly’s architecture is a superior alternative, as it bypasses these limitations entirely, offering high spe...
German inflation probably surged to the highest level in more than a year after the Iran war propelled energy costs. Reports by some of the country’s largest states suggest consumer prices rose an annual 2.8% in March, following February’s 2% advance, according to Bloomberg Economics. That’s also the median estimate in a survey of economists conducted last week. German bonds were little-changed af...
German inflation probably surged to the highest level in more than a year after the Iran war propelled energy costs. Reports by some of the country’s largest states suggest consumer prices rose an annual 2.8% in March, following February’s 2% advance, according to Bloomberg Economics. That’s also the median estimate in a survey of economists conducted last week. German bonds were little-changed after the data. The 10-year benchmark yield was around 3.09%, just below a 15-year high that it touched last week. Fighting in the Middle East has triggered an energy shock that raised the specter of a re-run of the 2022 inflation crisis. The European Central Bank was criticized for reacting slowly at the time, allowing price gains to spiral past 10%. This time, policymakers including President Christine Lagarde have vowed to act decisively and swiftly if needed, promising to be ready at any meeting including next month. Money markets see the probability of an April rate hike at about 60%. Much will depend on energy costs. Figures from Bavaria showed light heating was nearly 45% higher more expensive than last year, while fuel costs were up almost 20%. “Commodity prices will drive the near-term path of inflation,” BE’s Martin Ademmer said in a note. “If oil prices remain above $100 per barrel for a prolonged period, headline inflation could average close to 3% this year.” ECB Won’t Be ‘Paralyzed by Hesitation’ on Iran, Lagarde Says Europe’s Economy Starts to Feel Pain From Trump’s Iran War ECB’s Wunsch Says Rate Hike Likely If War Isn’t Over by June
‘You won’t remember Salah more than I remember Messi’ Forward urged to consider Saudi Arabia or Europe Egypt’s national team director Ibrahim Hassan has cautioned Mohamed Salah against moving to Major League Soccer after he leaves Liverpool at the end of the season as it would see the forward fade into obscurity. Salah, 33, has yet to publicly announce his next move after he ends a hugely successf...
‘You won’t remember Salah more than I remember Messi’ Forward urged to consider Saudi Arabia or Europe Egypt’s national team director Ibrahim Hassan has cautioned Mohamed Salah against moving to Major League Soccer after he leaves Liverpool at the end of the season as it would see the forward fade into obscurity. Salah, 33, has yet to publicly announce his next move after he ends a hugely successful nine-year spell at Liverpool, where he won two Premier League titles and the Champions League. The MLS commissioner, Don Garber, has said he would love to see Salah in the league, though it is unclear whether any MLS teams will attempt to sign him. Continue reading...
Reality TV superstar Kylie Jenner has put her longtime California mansion on the market for $20.25 million—nearly 10 years after she scooped up the enormous home for almost half that price.
Reality TV superstar Kylie Jenner has put her longtime California mansion on the market for $20.25 million—nearly 10 years after she scooped up the enormous home for almost half that price.
(RTTNews) - European stocks were moving higher on Monday ahead of economic sentiment survey results from the euro area and flash inflation data from Germany due later in the day.
(RTTNews) - European stocks were moving higher on Monday ahead of economic sentiment survey results from the euro area and flash inflation data from Germany due later in the day.
The latest in our series of writers paying tribute to their comfort films is a journey back to 2000 when Danny Boyle transported us to paradise I can’t listen to Porcelain by Moby without picturing a secluded beach and reminiscing about roads less traveled. Somewhere halfway through Danny Boyle’s sun-drenched film The Beach, there’s one scene that captures a sense of awe at life’s extraordinary mo...
The latest in our series of writers paying tribute to their comfort films is a journey back to 2000 when Danny Boyle transported us to paradise I can’t listen to Porcelain by Moby without picturing a secluded beach and reminiscing about roads less traveled. Somewhere halfway through Danny Boyle’s sun-drenched film The Beach, there’s one scene that captures a sense of awe at life’s extraordinary moments, something I think we need to feel more of. In a world where holidays (or even life itself) are often neatly packaged in all-inclusive, predictable deals, The Beach stands out for showing the opposite. It’s not about tourism – it’s about living, wildly . Led by a dapper young Leonardo DiCaprio, fresh from the success of Titanic and accompanied by a truly stellar soundtrack I still listen to on long bus journeys, The Beach starts as an adventure into the unfamiliar. A restless Richard (DiCaprio) ditches the daily grind in search of something more, and drifts through Thailand on a relentless quest for a feeling he can’t quite name. Continue reading...
Finborough theatre, London Irritable passions ferment beneath the frowsty knits and beads in atmospheric 1935 psychological thriller Lonely lives, falling between the gaps, are at the heart of this 1935 psychological thriller by Rodney Ackland, adapted from Hugh Walpole’s novel. It’s an atmospheric period piece, but isn’t entirely a stretch to reflect on our own concerns about solitude in an agein...
Finborough theatre, London Irritable passions ferment beneath the frowsty knits and beads in atmospheric 1935 psychological thriller Lonely lives, falling between the gaps, are at the heart of this 1935 psychological thriller by Rodney Ackland, adapted from Hugh Walpole’s novel. It’s an atmospheric period piece, but isn’t entirely a stretch to reflect on our own concerns about solitude in an ageing population. The three ladies in an English cathedral town are without partners, families or much of an income. They eke out their genteel poverty in a rickety boarding house. They weren’t raised to work; Miss Beringer, in desperate need of a job, can only imagine becoming a paid companion or, possibly, flower arranging. In Brigid Larmour’s finely etched production, irritable passions ferment beneath the frowsty knits and beads. The characters are prey to spite and greed, nerves and night terrors. Voices are tremulous; eyes glance at a fearful future. Beringer is the new lodger: Catherine Cusack, whittled by anxiety, timidly nibbles on a scallop-edged biscuit. She is welcomed by Julia Watson’s Mrs Amorest, flustered but keeping up appearances. Down to her last £10, she writes into the void to a long-absent son. The third lady is Agatha. Fruitily overblown in the novel, that’s how Edith Evans played her in 1935 (“a monstrous and poisonous plant, grotesque and bulbous,” according to one review). Abigail Thaw makes her disconcertingly eccentric: forbidding in jet black, she mocks and snaps at quivering Miss Beringer (“Do you know when you’re going to die? Do you want to know?”). She covets Beringer’s one cherished possession – a translucent chunk of amber from a beloved female friend. It’s a play of cross-hatched conversations and melodramatic plotting. Larmour’s design team help turn the screw: the dank-toned house and clothes in tones of moth and cobweb, a bitter wind blowing (set, costumes and sound by Juliette Demoulin, Carla Joy Evans and Max Pappenheim). Ackland’s plays...
Dutchman who succeeded Dick Advocaat was once offered assistant’s role to Ten Hag at Manchester United Soon after the news broke last month that Fred Rutten would lead Curaçao at the World Cup, he received a text from one of the players. “Hey boss, welcome to the family,” read the message from the goalkeeper Eloy Room. It was a warm greeting for the coach called in to replace Dick Advocaat, who ha...
Dutchman who succeeded Dick Advocaat was once offered assistant’s role to Ten Hag at Manchester United Soon after the news broke last month that Fred Rutten would lead Curaçao at the World Cup, he received a text from one of the players. “Hey boss, welcome to the family,” read the message from the goalkeeper Eloy Room. It was a warm greeting for the coach called in to replace Dick Advocaat, who had led the small island to that historic qualification but stepped down to be with his ill daughter. Rutten’s appointment may have been a surprise to the outside world – he has not held a coaching role for almost three years and has never led a national team – but his appointment did not come out of the blue. Continue reading...
When Ubokobong Amanam lost his fingers in an accident he teamed up with his brother John, a special effects artist, to design a prosthetic that suited him – now they run a thriving business On a humid morning in Uyo, Nigeria, Ubokobong Amanam shows off the lifelike prosthetic where his fingers once were. The skin bears tiny wrinkles, and the nails are naturally shaped. Seven years ago, he was badl...
When Ubokobong Amanam lost his fingers in an accident he teamed up with his brother John, a special effects artist, to design a prosthetic that suited him – now they run a thriving business On a humid morning in Uyo, Nigeria, Ubokobong Amanam shows off the lifelike prosthetic where his fingers once were. The skin bears tiny wrinkles, and the nails are naturally shaped. Seven years ago, he was badly injured in a firework accident. Doctors could save him, but not his fingers. The prosthetics available at the time were clumsy, poorly fitted and designed for bodies nothing like his. Continue reading...
Fresh from a rampant qualification and a win over Brazil, Hajime Moriyasu’s side want to make another statement with a first victory over England Just before the 2002 World Cup, South Korea played Scotland and England in the space of a few days. A 4-1 win against the former in the second city of Busan was followed by a 1-1 draw on the honeymoon island of Jeju, with the future Manchester United tea...
Fresh from a rampant qualification and a win over Brazil, Hajime Moriyasu’s side want to make another statement with a first victory over England Just before the 2002 World Cup, South Korea played Scotland and England in the space of a few days. A 4-1 win against the former in the second city of Busan was followed by a 1-1 draw on the honeymoon island of Jeju, with the future Manchester United teammates Michael Owen and Park Ji-sung the scorers. These results gave the Taegeuk Warriors the confidence to reach the semi finals. Japan are not on home soil but have lined up the same opposition, beating Scotland 1-0 in Glasgow on Saturday before heading to Wembley on Tuesday. Continue reading...
After setting the women’s around-the-world record two years ago, the Alaskan is aiming for a new mark with her next 18,000 mile journey On 11 September 2024, Lael Wilcox returned to Chicago after 108 days in the saddle , smashing the women’s around-the-world cycling record by more than two weeks. The extraordinary feat had taken her 18,000 miles over remote mountains and across 22 countries. But i...
After setting the women’s around-the-world record two years ago, the Alaskan is aiming for a new mark with her next 18,000 mile journey On 11 September 2024, Lael Wilcox returned to Chicago after 108 days in the saddle , smashing the women’s around-the-world cycling record by more than two weeks. The extraordinary feat had taken her 18,000 miles over remote mountains and across 22 countries. But it left Wilcox with a lingering question: could she break Mark Beaumont’s outright record of 78 days and 14 hours? Shaving 30 days off her time would require a major pivot in philosophy from adventure riding to pure racing, with an emphasis on efficiency, aerodynamics, and rigorous planning. Motivated to prove that women can compete with men in ultra-cycling, Wilcox will start her second attempt on 7 June in Chicago. Continue reading...
Welcome to the forum for Dividend Growth Investing discussion on Seeking Alpha. A new article is posted every two weeks as a space for sharing of ideas, discussing concepts, and digging deeper on DGI. All previous blogs are listed in chronological succession on the main chat page . As promised and with your valued feedback, we are publishing a new version of the article with some changes to make i...
Welcome to the forum for Dividend Growth Investing discussion on Seeking Alpha. A new article is posted every two weeks as a space for sharing of ideas, discussing concepts, and digging deeper on DGI. All previous blogs are listed in chronological succession on the main chat page . As promised and with your valued feedback, we are publishing a new version of the article with some changes to make it more engaging. The structure of the article will now include a response from one of you in the community regarding your thoughts on DGI. If you’d like to share your DGI thoughts with us in future editions, you can email us at moderation@seekingalpha.com and let us know . We’ll be looking at continuing to do this moving forward. For a reminder, you can find our moderation guidelines for this space in our profile . And please share your thoughts below to continue the discussion and learning on DGI. More on Dividend Growth Investing: How Our 7-Funds Portfolio Earns 7.8% And Potentially Beats The Market The portfolio has delivered a trailing 12-month yield on cost of 9.42% and an annualized return ( CAGR ) of 14.67%, outperforming the S&P500 with 20% lower volatility. This strategy is designed for retirees seeking high, consistent income and reduced volatility without sacrificing long-term growth potential. The Biggest Risk In BDCs, And How I Mitigate It As A Bull The average debt to equity for private BDCs is 0.94x, which offers sizeable access to additional liquidity (debt) to meet the redemptions in case through organic loan repayments it is not possible. Similarly, based on recent examples , it is clear that there is a "NAV-aligned" market to sell parts of the portfolio (without fire-sale discounts). In the worst case, the alternative asset managers themselves could step in with the necessary firepower. 5 Lessons That Completely Reshaped How I Approach Dividend Investing On the surface, dividend investing looks very simple: simply buy a diversified portfolio of stocks tha...
This is the forum for Growth & Total Return discussion on Seeking Alpha. A new chat begins every two weeks, and all previous blogs are listed in chronological succession on the main chat page . We won't be doing any comment cleanup in the new chat, and users will always be able to refer back to previous discussions. More on Today's Markets: Micron: Don't Try To Call The Top, Just Choose Your Risk ...
This is the forum for Growth & Total Return discussion on Seeking Alpha. A new chat begins every two weeks, and all previous blogs are listed in chronological succession on the main chat page . We won't be doing any comment cleanup in the new chat, and users will always be able to refer back to previous discussions. More on Today's Markets: Micron: Don't Try To Call The Top, Just Choose Your Risk Appetite We also have the ironic knock-on effect to consider. Lower memory intensity per workload can reduce inference cost, broaden deployment, and raise total usage. However, when coupled with potential energy bottlenecks, maybe the base case is upside resistance, not heavy downside risk. I'm humble enough to say I don't know for sure. Fastly: The Future Is Bright, But Watch For These Threats Based on its past, current, and forecast results, I expect Fastly to keep growing, and in 2026 and beyond, to grow profitably. I reach that conclusion despite the concerns noted. AMD: Helium Shortage Is The Least Of Its Problems NVDA has long struggled to meet demand. A second supplier could alleviate this supply pressure. However, looking at the results of the most recent standardized MLPerf test, NVDA's GPUs produce far more tokens per second compared to those of AMD. Assuming that the test standardizes power consumption, this could mean that NVDA's accelerators produce more tokens per second per watt. In a world where data center power supply is scarce, this is a value proposition that's hard to ignore. Broadcom: A Great Company At A Fair Price I’ll first go through the latest earnings as to provide a quick snapshot of what has been happening at the firm. Broadcom posted a double beat in its fiscal Q1 with Non-GAAP EPS coming out to $2.05, a slight beat of 3 cents, while revenue came out to a staggering $19.31B, a 29.4% Y/Y growth rate and a beat of $170MM. This was largely linked to the robust demand for custom AI accelerators and AI networking, with the overall AI revenue growth...
Ildo Frazao/iStock via Getty Images FDEM Strategy Fidelity Emerging Markets Multifactor ETF ( FDEM ) was launched on 2/26/2019 and tracks the Fidelity Emerging Markets Multifactor Index. FDEM has a portfolio of 197 stocks, a 12-month trailing yield of 3.26%, and an expense ratio of 0.25%. Distributions are paid quarterly. As described in the prospectus by Fidelity, the underlying index focuses on ...
Ildo Frazao/iStock via Getty Images FDEM Strategy Fidelity Emerging Markets Multifactor ETF ( FDEM ) was launched on 2/26/2019 and tracks the Fidelity Emerging Markets Multifactor Index. FDEM has a portfolio of 197 stocks, a 12-month trailing yield of 3.26%, and an expense ratio of 0.25%. Distributions are paid quarterly. As described in the prospectus by Fidelity, the underlying index focuses on large- and mid-cap emerging markets companies. Constituents are selected based on a composite score involving four factors: valuation, quality, momentum, and low volatility. Stocks are weighted based on market capitalization, with a sector adjustment. Weights are increased for the five sectors with the lowest correlation to a U.S. equity benchmark and decreased for the six sectors with the highest correlation. The portfolio turnover rate was 76% in the most recent fiscal year. I will use the iShares MSCI Emerging Markets ETF ( EEM ) as a benchmark. Portfolio The fund is mostly invested in large- and mega-cap companies (75% of asset value), with significant exposure in China (25.8%), Taiwan (19.4%), and South Korea (16.7%). Other countries are below 10%. The aggregate weight of China and Taiwan (45.2%) points to significant geopolitical risk, like for most emerging markets funds. FDEM top countries (chart: author; data: Fidelity, iShares) The presence of South Korea and Taiwan among emerging markets is debatable. South Korea has been considered a developed country by S&P since 2001, and Taiwan surpassed it in GDP per capita in 2025 . Both countries are ahead of the E.U., U.K., and Japan in GDP at purchasing power parity per capita . The fund has 27.5% of assets in technology, while other sectors are below 15%. FDEM offers a more balanced sector breakdown than EEM, by downplaying technology and financials. FDEM sector breakdown (chart: author; data: Fidelity, iShares) Almost 11% of asset value is in Taiwan Semiconductor Manufacturing ( TSM ), but risks related to other indivi...
The Dietary Guidelines released this year recommend higher levels of this essential nutrient. But protein needs are personal. Here's how to assess yours. (Image credit: a_namenko/iStockphoto)
The Dietary Guidelines released this year recommend higher levels of this essential nutrient. But protein needs are personal. Here's how to assess yours. (Image credit: a_namenko/iStockphoto)