Eloi_Omella/E+ via Getty Images SUNation ( SUNE ) skyrockets 106.2% in Monday's trading after unveiling a reverse merger agreement with U.S. solar cell manufacturer Suniva to create a combined company that is expected to operate under the Suniva name and continue SUNation’s Nasdaq listing. According to the deal terms, pre-merger SUNation ( SUNE ) stockholders would own equity with an implied value...
Eloi_Omella/E+ via Getty Images SUNation ( SUNE ) skyrockets 106.2% in Monday's trading after unveiling a reverse merger agreement with U.S. solar cell manufacturer Suniva to create a combined company that is expected to operate under the Suniva name and continue SUNation’s Nasdaq listing. According to the deal terms, pre-merger SUNation ( SUNE ) stockholders would own equity with an implied value of ~$2.26/share, representing a ~100% premium over the stock's most recent closing price. By combining with SUNation's ( SUNE ) established downstream business in high-electricity-cost markets, Suniva, the only U.S .-owned and operated merchant solar cell manufacturer, said it stands to gain additional market presence and access to U.S . capital markets to fund continued growth in American solar manufacturing. With a successful 1 GW nameplate cell facility operating in Georgia , Suniva is expanding capacity by 4.5 GW in Laurens County, South Carolina , supported by expected financing that is targeted to close later this month. Pre‑merger Suniva stockholders would own 98.2% of the combined company, and pre‑merger SUNation ( SUNE ) stockholders would own 1.8% upon closing. More on SUNation Energy SUNation Energy Q4 2025 Earnings Call Transcript Financial information for SUNation Energy
Buying a stock is easy, but buying the right stock without a good strategy is incredibly hard. Here are five top-performing stocks to buy now or put on a watchlist.
Buying a stock is easy, but buying the right stock without a good strategy is incredibly hard. Here are five top-performing stocks to buy now or put on a watchlist.
The Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) is having a banner year that makes momentum investing look easy. SPMO is up 25% year to date, more than double the S&P 500’s 9.2%. Last Friday, SPMO dropped 6% in a single session as semiconductors got crushed. However, it is bouncing back faster. What SPMO owns The ... Is SPMO Momentum Dead or Coiling for a Snap-Back?
The Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) is having a banner year that makes momentum investing look easy. SPMO is up 25% year to date, more than double the S&P 500’s 9.2%. Last Friday, SPMO dropped 6% in a single session as semiconductors got crushed. However, it is bouncing back faster. What SPMO owns The ... Is SPMO Momentum Dead or Coiling for a Snap-Back?
Betting on continued US dollar strength is the cleanest way for foreign-exchange traders to take a position on a new regime of higher rates and inflation, according to BMO Capital Markets . Traders in the $9.5 trillion-a-day foreign exchange market are “too eager” to price in the US-Iran war resolution, Mark McCormick , BMO’s chief FX strategist, wrote in a note on Monday. Oil prices may retreat a...
Betting on continued US dollar strength is the cleanest way for foreign-exchange traders to take a position on a new regime of higher rates and inflation, according to BMO Capital Markets . Traders in the $9.5 trillion-a-day foreign exchange market are “too eager” to price in the US-Iran war resolution, Mark McCormick , BMO’s chief FX strategist, wrote in a note on Monday. Oil prices may retreat after the conflict ends, but the inflationary effects will linger, fueling higher rates globally and slower economic growth, which favors the US currency, he said. “Even if oil retreats at the margin — a big if — inflation is unlikely to fall as quickly; second-round effects are building, and correlations are shifting in ways that increasingly favor higher rates and a stronger dollar over headline optimism,” McCormick said. BMO is staying broadly long on the dollar, especially against the euro, British pound and yen. McMormick’s team also expects the dollar to strengthen against the Australian and Canadian dollars. A dollar gauge advanced about 2% since the US and Israel started bombing Iran in late February. Though the war has upended global energy flows and hurt oil importing countries, the US has weathered the higher energy prices and reported strong economic data. Traders have fully priced in a Federal Reserve interest-rate hike by the end of this year after May US job growth topped all forecasts. The Bloomberg Dollar Spot Index had the best day in more than two months on Friday after the jobs report, and US two-year yields, which are most sensitive to changes in US central bank expectations, had the biggest one-day rise since President Donald Trump levied tariffs on most of the US’s trading partners in April last year. The index edged lower on Monday after posting 1.1% gains in the week prior. Consumer prices have been accelerating globally and in the US. Euro-area inflation topped 3% for the first time since 2023 in May, cementing a case for rate hikes, eventhough the ...
A 41-year-old investor puts $25,000 into the YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) because the fund advertises a yield north of 100%. Three months later, the distributions show up on schedule, but the share price has collapsed from $25 to about $17. The checks felt like income, but they were mostly the investor’s own ... YieldMax MSTY Returned More Than Half Your Capital in a Si...
A 41-year-old investor puts $25,000 into the YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) because the fund advertises a yield north of 100%. Three months later, the distributions show up on schedule, but the share price has collapsed from $25 to about $17. The checks felt like income, but they were mostly the investor’s own ... YieldMax MSTY Returned More Than Half Your Capital in a Single Quarter and Most Holders Think It Was Income
(RTTNews) - Despite paring some early gains, the Canadian market remains firmly up in positive territory a little past noon on Monday thanks to strong gains in energy, materials and technology sectors.
(RTTNews) - Despite paring some early gains, the Canadian market remains firmly up in positive territory a little past noon on Monday thanks to strong gains in energy, materials and technology sectors.
spawns/E+ via Getty Images Prediction market traders remain skeptical that Sam Bankman-Fried will receive a presidential pardon from the White House, even after the former FTX CEO officially submitted a pardon application following his fraud conviction. According to Polymarket data, traders currently assign roughly a 7% chance that Bankman-Fried will be released from custody in 2026. Separate Poly...
spawns/E+ via Getty Images Prediction market traders remain skeptical that Sam Bankman-Fried will receive a presidential pardon from the White House, even after the former FTX CEO officially submitted a pardon application following his fraud conviction. According to Polymarket data, traders currently assign roughly a 7% chance that Bankman-Fried will be released from custody in 2026. Separate Polymarket contracts tracking who President Donald Trump could pardon before 2027 show Bankman-Fried with around a 15% probability of receiving clemency, placing him below figures such as Steve Bannon, Hunter Biden, and former Sen. Bob Menendez. The prediction markets reacted after reports surfaced that Bankman-Fried had formally sought a pardon from the White House. Fox Business reported Monday that the former crypto executive submitted an application requesting clemency after serving his sentence. In a phone interview with the network, Bankman-Fried maintained that he did not steal customer funds and argued that FTX customers were ultimately repaid. Bankman-Fried was sentenced to 25 years in prison in 2024 after being convicted on seven counts of fraud tied to the collapse of crypto exchange FTX in November 2022. He has appealed the conviction. Despite growing speculation within crypto circles, Polymarket traders appear unconvinced that a pardon is imminent. President Trump previously stated that he was not considering clemency for Bankman-Fried, though the administration has taken a significantly more crypto-friendly stance during Trump’s second term. The SEC has dropped several investigations and lawsuits involving crypto firms, including cases tied to Coinbase Global ( COIN ) and Robinhood Markets ( HOOD ). Trump also previously pardoned Binance founder Changpeng Zhao after Zhao pleaded guilty to anti-money laundering violations and served a four-month prison sentence, fueling further debate over whether Bankman-Fried could eventually receive similar treatment. Still, pred...
Tim Cook at WWDC 2025. | Image: Bloomberg via Getty Images It's conference season! Today, we're back at Apple Park in Cupertino, California, for Apple's annual developer keynote. Unlike other conferences, there's a distinct rhythm to WWDC. We know we're going to get a peek at everything coming to iOS 27, macOS 27, iPadOS 27, watchOS 27 - basically all the "Class of '27" operating systems. As for w...
Tim Cook at WWDC 2025. | Image: Bloomberg via Getty Images It's conference season! Today, we're back at Apple Park in Cupertino, California, for Apple's annual developer keynote. Unlike other conferences, there's a distinct rhythm to WWDC. We know we're going to get a peek at everything coming to iOS 27, macOS 27, iPadOS 27, watchOS 27 - basically all the "Class of '27" operating systems. As for what those updates will entail? Given the "All Systems Glow" tagline, probably a lot of Apple Intelligence. After all, in the lead-up to the event, the rumor mill has been buzzing that we may see Apple take another run at an AI Siri. The pressure is particularly high this year. This will be Tim Cook's final … Read the full story at The Verge.
With shares up by an eye-popping 981% over the past 12 months, Western Digital (NASDAQ: WDC) is one of Wall Street's latest darlings in the generative artificial intelligence (AI) megatrend. The company is benefiting from the surging demand for its high-capacity computer memory and storage hardware needed to help clients train and operate large language models (LLMs). The factors that led to Weste...
With shares up by an eye-popping 981% over the past 12 months, Western Digital (NASDAQ: WDC) is one of Wall Street's latest darlings in the generative artificial intelligence (AI) megatrend. The company is benefiting from the surging demand for its high-capacity computer memory and storage hardware needed to help clients train and operate large language models (LLMs). The factors that led to Western Digital's explosive rally are still in play. But it's hard to not get nervous when looking at a stock chart that has gone practically vertical. Let's explore the pros and cons of the company to decide if it is still a good buy or if investors should take profits and run. Since its founding in 1970, California-based Western Digital has grown to become a major supplier of consumer and enterprise data storage solutions like hard disk drives (HDDs) and solid state drives (SSDs). Continue reading
JHVEPhoto/iStock Editorial via Getty Images Broadcom's ( AVGO ) latest earnings report created an interesting disconnect between its fundamentals and price action. The company delivered another quarter of accelerating growth, mainly driven by AI; it issued guidance that points to even sharper QoQ growth in revenue and reiterated its fiscal 2027 AI semiconductor revenue target. The sell-off that fo...
JHVEPhoto/iStock Editorial via Getty Images Broadcom's ( AVGO ) latest earnings report created an interesting disconnect between its fundamentals and price action. The company delivered another quarter of accelerating growth, mainly driven by AI; it issued guidance that points to even sharper QoQ growth in revenue and reiterated its fiscal 2027 AI semiconductor revenue target. The sell-off that followed the earnings results did not reflect deteriorating fundamentals but a combination of aggressive positioning and a slight revenue miss. On the contrary, the results/guidance point to a weakening in the bear case that consists of a few key risks. Back when I initiated coverage on April 30, I assigned a strong buy rating on Broadcom, pointing to the potential for growth both in the short and the long term. Since then, the stock has underperformed the market by a meaningful margin. Seeking Alpha As you can see from the chart below, the shares mostly trended sideways in May, and then by the end of the month, they started trending upward. In fact, from the price level at which the shares are trading right now, they initially went up by 17.5% to an all-time high of around $495, and then they fell by 22% to approximately $385 in just two days after the earnings results were released. Now the price is below the 50-day moving average, represented by the middle blue line, something that hasn't happened in over two months. Note: The last trading session's price action is highly correlated with the jobs report released on the same day. Shareholders and investors need to consider this so they can better isolate the earnings reaction. The gap between the pre-earnings trading session and the post-earnings session best reflects the digestion of the release here. TrendSpider What was so bad about the earnings results anyway? Well, nothing obvious. They were overwhelmingly encouraging, and guidance also strengthened the case for accelerating growth. Let's take a look. In the second qua...
Key PointsEpic Universe has won critical acclaim since opening in May of last year, but it has also attracted negative reviews on TripAdvisor, Google, and Yelp.
Key PointsEpic Universe has won critical acclaim since opening in May of last year, but it has also attracted negative reviews on TripAdvisor, Google, and Yelp.