By Jonathan Stempel March 25 (Reuters) - Shareholders of Super Micro Computer sued the Silicon Valley server maker on Wednesday, accusing it of committing securities fraud by concealing its dependence
By Jonathan Stempel March 25 (Reuters) - Shareholders of Super Micro Computer sued the Silicon Valley server maker on Wednesday, accusing it of committing securities fraud by concealing its dependence
tupungato/iStock Editorial via Getty Images March 25th was a really difficult day for shareholders of recreational vehicle company Winnebago Industries, Inc. ( WGO ). The stock fell around 6.9% after management announced financial results for the second quarter of the company's 2026 fiscal year. This was actually surprising to me. Revenue and profitability improved year over year. And in fact, fin...
tupungato/iStock Editorial via Getty Images March 25th was a really difficult day for shareholders of recreational vehicle company Winnebago Industries, Inc. ( WGO ). The stock fell around 6.9% after management announced financial results for the second quarter of the company's 2026 fiscal year. This was actually surprising to me. Revenue and profitability improved year over year. And in fact, financial performance came in above what analysts were anticipating. The company is targeting some growth this year, both on the top and bottom lines. But what likely turned investors off was the fact that the company believes that market conditions will remain mixed throughout 2026. In my previous article about the business, published in December of last year, I acknowledged the mixed picture of the business. And in a separate article completely unrelated to Winnebago Industries, I did challenge the narrative that this year will be a positive year for the RV industry. But at the same time, because of how cheap shares are, I have been bullish. Long term, I believe in the company. And even though the stock is down since I last wrote about it, even underperforming the S&P 500 during that time, I believe that it will do fine enough to justify keeping it as a "Buy" candidate. Taking A Ride With Winnebago Industries The second quarter of the 2026 fiscal year was actually a good time for Winnebago Industries. Take revenue for starters. It came in at $657.4 million for the quarter. That happened to be 6% above the $620.2 million that the company reported the previous year. It also was $30.2 million above what analysts were hoping to see . This is, objectively, a good outcome for the company. And on the bottom line, we saw strength as well. Author - SEC EDGAR Data Earnings per share, for instance, went from negative $0.02 to positive $0.17. That reading ended up being $0.03 higher than what analysts were hoping to see. It ultimately translated to a rise in the bottom line from a loss ...
Representative Seth Moulton, a Democrat from Massachusetts and 2020 presidential candidate, meets with volunteers during a campaign stop in Manchester, New Hampshire, on Tuesday, April 23, 2019. Adam Glanzman | Bloomberg | Getty Images Rep. Seth Moulton , D-Mass.,, on Wednesday announced an office-wide policy barring his congressional staff from using prediction market platforms like Kalshi and Po...
Representative Seth Moulton, a Democrat from Massachusetts and 2020 presidential candidate, meets with volunteers during a campaign stop in Manchester, New Hampshire, on Tuesday, April 23, 2019. Adam Glanzman | Bloomberg | Getty Images Rep. Seth Moulton , D-Mass.,, on Wednesday announced an office-wide policy barring his congressional staff from using prediction market platforms like Kalshi and Polymarket. "Congressional staff and the Members they work for exist to serve the constituents of the districts they represent, not to profit off of the very policy decisions and world events that we are here to respond to," Moulton said in a statement posted to X . "My office has not, and will not, engage in these trades that run counter to every principle of a clean, honest a government that works for the people." A spokesperson for Moulton said he believes the policy is the first of its kind on Capitol Hill. It comes amid a wave of proposals from lawmakers seeking to rein-in prediction markets, which allow users to place bets on the outcome of a wide-range of events, from basketball games to Oscars best picture winners . The platforms have come under intense scrutiny from some states and casinos, who argue prediction markets offer a loophole for gambling and should be state regulated. Lawmakers have also recently expressed concern about the potential for insider trading on prediction markets, in the wake of well-timed trades on world events like the ouster of Venezuelan President Nicolas Maduro and the war in Iran. Moulton co-sponsored legislation that would bar elected officials from placing prediction market bets on insider information . Read more CNBC politics coverage Pakistan offers to facilitate U.S.-Iran war talks as Trump, Tehran give mixed signals DCCC launches geotargeted digital ad campaign hitting GOP for gas prices Senate confirms Markwayne Mullin as next DHS secretary "Prediction markets have become a playground for corrupt insiders who are able to place bets...
Strong performance across Pilgrim’s Pride, JBS Australia and Seara showcases breadth of the JBS portfolio; earnings per share of US$ 1.89 reflect 15% growth Strong performance across Pilgrim’s Pride, JBS Australia and Seara showcases breadth of the JBS portfolio; earnings per share of US$ 1.89 reflect 15% growth
Strong performance across Pilgrim’s Pride, JBS Australia and Seara showcases breadth of the JBS portfolio; earnings per share of US$ 1.89 reflect 15% growth Strong performance across Pilgrim’s Pride, JBS Australia and Seara showcases breadth of the JBS portfolio; earnings per share of US$ 1.89 reflect 15% growth
Key PointsA director of Miami International Holdings reported selling 37,917 shares for about $1.48 million at an average price of $39.00 per share on March 19, 2026.
Key PointsA director of Miami International Holdings reported selling 37,917 shares for about $1.48 million at an average price of $39.00 per share on March 19, 2026.
asiandelight/iStock via Getty Images Why did the S&P 500 "SPX" ( SP500 ) and the Nasdaq 100 ( NDX ) futures surge by approximately 4% in pre-market on Monday morning? And why did Oil prices crater? Just one " Tweet " about negotiating with Iran turned the bearish sentiment upside down, sending stocks surging, at least in the near term. So, it appears that the market may trust in Trump after all. N...
asiandelight/iStock via Getty Images Why did the S&P 500 "SPX" ( SP500 ) and the Nasdaq 100 ( NDX ) futures surge by approximately 4% in pre-market on Monday morning? And why did Oil prices crater? Just one " Tweet " about negotiating with Iran turned the bearish sentiment upside down, sending stocks surging, at least in the near term. So, it appears that the market may trust in Trump after all. Now, I've actually gotten more near-term cautious on markets in recent months, well before the conflict with Iran "broke out." In early February, I put out this cautionary correction article , when the market was around its peak. In fact, I began questioning the market's health in the short-term as soon as Kevin Warsh was nominated to lead the Fed, and we witnessed unprecedented crashes in gold, silver, as well as in other assets. I also discussed my "five-step" plan for the upcoming months in my early February correction article highlighted above, as we had entered a period of heightened market uncertainty and increased volatility. My Five Step Correction Plan Process Just to reiterate, the plan was: 1. Reduce risk exposure first and foremost, to avoid considerable drawdowns, especially in the riskier pockets of equity and other risk asset markets. 2. Increase cash and get out of margin to decrease risk and increase dry powder to purchase high quality stocks and increase core positions on significant pullbacks. 3. Rotate away from the irrationally overbought areas in the market like gold and silver at that time, ultra high flyers, high alpha stocks, and digital assets which typically experience some of the most considerable declines during correction periods. Moreover, I rotated into some badly beaten down segments like undervalued oil and gas, certain nuclear stocks, and other "safer haven" areas in the market. 4. We discussed implementing various hedging strategies like selling covered calls, collars, and other implementing other hedging mechanisms. 5. We also discussed c...