Intel (NASDAQ:INTC), a maker of microprocessors for PCs and data centers, closed Wednesday at $58.95, up 11.42%. The stock moved higher as investors digested yesterday’s news that Intel was joining Elon Musk’s Terafab AI chip project. The market is watching how this partnership s
Intel (NASDAQ:INTC), a maker of microprocessors for PCs and data centers, closed Wednesday at $58.95, up 11.42%. The stock moved higher as investors digested yesterday’s news that Intel was joining Elon Musk’s Terafab AI chip project. The market is watching how this partnership s
The two-week ceasefire the United States agreed to with Iran on Tuesday not only sets a deadline to seal a deal with Tehran, but leaves just days before the 60-day legal limit under the War Powers Resolution for waging war without congressional authorisation expires. This has left open the question of how the conflict proceeds if diplomacy fails and the legal clock runs out. “Almost all the variou...
The two-week ceasefire the United States agreed to with Iran on Tuesday not only sets a deadline to seal a deal with Tehran, but leaves just days before the 60-day legal limit under the War Powers Resolution for waging war without congressional authorisation expires. This has left open the question of how the conflict proceeds if diplomacy fails and the legal clock runs out. “Almost all the various points of past contention have been agreed to between the United States and Iran, but a two-week...
Mineral Road Discovery ( CRSTF ) announced a non-brokered private placement of up to ~6M units at a price of $0.06 per unit, aiming to raise $0.36M for general working capital. Each unit includes 1 common share + 1 warrant, where each warrant allows investors to buy 1 additional share at a price of $0.08 within 3 years from closing. The placement is subject to CSE approval, with a 4-month hold per...
Mineral Road Discovery ( CRSTF ) announced a non-brokered private placement of up to ~6M units at a price of $0.06 per unit, aiming to raise $0.36M for general working capital. Each unit includes 1 common share + 1 warrant, where each warrant allows investors to buy 1 additional share at a price of $0.08 within 3 years from closing. The placement is subject to CSE approval, with a 4-month hold period on all securities. Source: Press Release More on Mineral Road Discovery Inc. Financial information for Mineral Road Discovery Inc.
sankai/iStock via Getty Images Thesis Summary Nvidia Corporation ( NVDA ), once the undisputed king of AI, seems to have been forgotten by investors. Interest has moved beyond GPUs and into the new AI bottlenecks like memory. And even within GPUs, Nvidia’s dominance is being challenged. But does that justify the current price action in Nvidia? The stock has been flat in the last six months, while ...
sankai/iStock via Getty Images Thesis Summary Nvidia Corporation ( NVDA ), once the undisputed king of AI, seems to have been forgotten by investors. Interest has moved beyond GPUs and into the new AI bottlenecks like memory. And even within GPUs, Nvidia’s dominance is being challenged. But does that justify the current price action in Nvidia? The stock has been flat in the last six months, while earnings keep expanding and AI demand continues to heat up. Nvidia is now the cheapest it has ever been in this AI cycle, if you ask me, and this sets it up as an outperformer in the coming months. Nvidia Stock’s Stagnation NVDA Price (Trendspider) The stock has been pretty much flat for over six months now. Historically, we've seen this happen before, and it's usually been followed by a rally. It happened back in 2024 and also in 2021. It’s understandable. Sometimes expectations get ahead of themselves, and both fundamentals and technicals have to reset. But we’ve waited long enough. I highlighted how Nvidia is now a critical strategic asset in my last article, and why it deserves a higher valuation. Today, we highlight this further with some clear evidence from the GPU market. Valuation Metrics Let’s begin by stating the obvious. Nvidia is now historically undervalued . NVDA Valuation (SA) The stock is trading well below its 5 YR average on most valuation metrics. Forward P/E of 21,46 is very compelling, and of course, both the PEG and forward PEG. This makes no sense, especially when the rest of the AI market is very much chugging along. The AI Divergence NVDA vs AI Peers (SA) While Nvidia has stagnated, all other areas of the AI market are lighting up. Memory stocks, like Micron ( MU ) have exploded higher, and fiber optics stocks like Lumentum ( LITE ) have also seen a great repricing. Even within the more strictly related semiconductor stocks, NVDA is a laggard. Both Advanced Micro Devices ( AMD ) and Broadcom ( AVGO ) have outperformed Nvidia. Why The NVDA Discount M...
razihusin/iStock via Getty Images In January, I added TKMS ( TKMSF , TKMCY ) to my coverage with a buy rating. In my view, the company is positioned well for increased demand from European militaries including demand for surface combatants and submersibles as part of a board European push for increased security autonomy . However, since then the stock has lost over 15% of its value and that provid...
razihusin/iStock via Getty Images In January, I added TKMS ( TKMSF , TKMCY ) to my coverage with a buy rating. In my view, the company is positioned well for increased demand from European militaries including demand for surface combatants and submersibles as part of a board European push for increased security autonomy . However, since then the stock has lost over 15% of its value and that provides a good moment to assess whether the stock is now an even better buy or whether there is some softness in the business or sector that caused the share price reduction. TKMS Is A Leader In Conventional Submarines TKMS I strongly believe that investing in a company requires investors to also familiarize themselves with the company itself as well as its peers. For aerospace and defense, a broad industry coverage has helped me successfully assess the value proposition of many companies. For TKMS, it may be somewhat more difficult to assess the company’s positioning since it is a company that was spun off from thyssenkrupp in October 2025 where shareholders received one share or TKSM for each 20 shares of thyssenkrupp they held. It is a spin off that makes a lot of sense allowing the valuation of TKMS to better reflect that of the aerospace and defense peer group. TKMS is organized in three segments, namely Submarines, Surface Combatants and Atlas Elektronik . The Submarine segment includes the Type 212 and Type 209 next generation submarines complementing the Type 214 submarine as well as the Dolphin Class submarine. Surface Combatants includes corvettes, frigates and patrol vessels. Atlas Elektronik is the final segment that focuses on sensor, sonar, combat management systems or CMS, underwater weapon, naval IT and digital systems. The company is most proficient in the development and manufacturing of non-nuclear submarines while Surface Combatants include the K130 class corvette and the F-125 class frigate with Atlas Elektronic providing high margin electronics, subsystem a...
Firan Technology press release ( FTGFF ): Q1 Revenue of $47.3M (+10.3% Y/Y). Adjusted EBITDA: $7.3 million, down from $8.4 million in Q1 2025. Adjusted Net Earnings: $3.5 million, up from $3.3 million in Q1 2025. More on Firan Technology Group Firan Technology Group Corporation (FTG:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Firan Technology Group Financial information for F...
Firan Technology press release ( FTGFF ): Q1 Revenue of $47.3M (+10.3% Y/Y). Adjusted EBITDA: $7.3 million, down from $8.4 million in Q1 2025. Adjusted Net Earnings: $3.5 million, up from $3.3 million in Q1 2025. More on Firan Technology Group Firan Technology Group Corporation (FTG:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Firan Technology Group Financial information for Firan Technology Group
Resources Connection (RGP) delivered earnings and revenue surprises of -80.00% and -0.39%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?
Resources Connection (RGP) delivered earnings and revenue surprises of -80.00% and -0.39%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?
Milan_Jovic/E+ via Getty Images Thesis Summary In my last article , I called UnitedHealth Group ( UNH ) the best house in a broken neighborhood. While UNH is down a lot in the last year, the problem is not the company, but the whole healthcare system. Medicare Advantage had turned into a headwind, margins were compressing, and the stock risked becoming dead money with no clear catalyst in sight. B...
Milan_Jovic/E+ via Getty Images Thesis Summary In my last article , I called UnitedHealth Group ( UNH ) the best house in a broken neighborhood. While UNH is down a lot in the last year, the problem is not the company, but the whole healthcare system. Medicare Advantage had turned into a headwind, margins were compressing, and the stock risked becoming dead money with no clear catalyst in sight. But the catalyst has just arrived The Centers for Medicare & Medicaid Services surprised the market with a materially better reimbursement rate for 2027, and UNH was up nearly 10% following the news. While this does not fix every problem the company has, it does remove the worst-case scenario that the market was pricing in, and it shifts the narrative. UNH is repricing, and there’s room for this stock to recover strongly over the coming months as things improve. What Just Happened And Why It Matters Just a few months ago, the outlook for Medicare Advantage looked rather bleak. The proposed reimbursement rate for 2027 was expected to be close to 0.09%, which was bad news for UNH and the other healthcare stocks. But to everyone’s surprise, the CMS has just confirmed a 2.48% increase instead, which has been very well received by the market. The key here is not the absolute number, but rather the change in expectation and the fact that the narrative has now shifted. A 2.48% increase does not solve the cost problem, but it does provide breathing room. And it gives investors an implied reassurance that regulators are not willing to push the system to the breaking point. As has been pointed out recently by fellow SA contributor Dilantha De Silva, this could add $3.9 billion in incremental revenue and close to $1 billion in additional operating profit for UNH. UNH Could Come Out On Top Here If the system is under pressure, then scale becomes everything. This is where UnitedHealth continues to stand apart, thanks to its size and diversification. The company is not just an insurer. Th...
tirc83/iStock via Getty Images Shares of Axon Enterprise ( AXON ) rose as much as 11% on Wednesday after the company introduced a slate of artificial intelligence-driven software tools during the opening day of its annual Axon Week conference. Axon Vision demonstration (Axon Enterprise) The gain follows a sharp selloff earlier in the week, when the stock fell as much as 12% in a single session, ma...
tirc83/iStock via Getty Images Shares of Axon Enterprise ( AXON ) rose as much as 11% on Wednesday after the company introduced a slate of artificial intelligence-driven software tools during the opening day of its annual Axon Week conference. Axon Vision demonstration (Axon Enterprise) The gain follows a sharp selloff earlier in the week, when the stock fell as much as 12% in a single session, marking its steepest intraday decline since late 2025 and making it the worst performer in the S&P 500 that day. New AI tools aim to expand product ecosystem The company’s announcements focused on expanding AI capabilities across its existing platforms, including body cameras and software systems used by law enforcement agencies. Among the new offerings is Axon Vision, which applies artificial intelligence to identify potentially critical activity in live video feeds. The company also introduced updates to its Axon Assistant product and outlined Axon 911, a cloud-based system intended to modernize emergency response infrastructure with AI-enabled capabilities. Analysts see stronger product depth despite volatility Analysts said the latest product rollout appeared more substantial than previous iterations, particularly in terms of expanding cross-selling opportunities tied to the company’s broader software strategy. Analyst Andrew Sherman at TD Cowen described the recent stock decline as difficult to explain, noting that the shares have a history of sharp, seemingly disconnected moves. The same analyst characterized the recent weakness as an overreaction and suggested investors may look to add positions at lower levels, while adjusting price targets to reflect broader sector valuation trends. Analyst James Fish at Piper Sandler said the stock has been under pressure for reasons they do not view as fundamental, pointing to the company’s position in a durable market, continued product development and potential upside from AI-related offerings. Analyst Joshua Reilly at Needham no...
Panchanut Chobjit The Federal Reserve Board on Wednesday issued a proposal that would let U.S. banks and credit unions use intermediaries to transfer funds through the FedNow instant payment service. The change would support new uses for FedNow. One example is U.S. banks would be able to use FedNow to transact with correspondent banks to facilitate the international portion of a cross-border payme...
Panchanut Chobjit The Federal Reserve Board on Wednesday issued a proposal that would let U.S. banks and credit unions use intermediaries to transfer funds through the FedNow instant payment service. The change would support new uses for FedNow. One example is U.S. banks would be able to use FedNow to transact with correspondent banks to facilitate the international portion of a cross-border payment. The current rules associated with the service only allow the transfer of funds between two U.S. banks, the Fed said. The proposal is open to public comment for 60 days from its publication in the Federal Register. More on Financials Visa unveils agentic payment for businesses Big bank stocks are poised to rebound from slump, Wells Fargo's Mayo says Jefferies: Wall Street Booms, But Private Credit Woes Weigh Fiserv: New Management, New Markets, New Hope
Bloomberg’s Caroline Hyde and Ed Ludlow discuss the rally in tech stocks and fall in energy prices as markets react to a two-week ceasefire deal between the US and Iran. Plus, Anthropic is giving tech firms early access to its new Mythos model to get ahead of possible cyberattacks that could wreak havoc. And, Apple's first foldable phone is still on track to launch in September, despite reports of...
Bloomberg’s Caroline Hyde and Ed Ludlow discuss the rally in tech stocks and fall in energy prices as markets react to a two-week ceasefire deal between the US and Iran. Plus, Anthropic is giving tech firms early access to its new Mythos model to get ahead of possible cyberattacks that could wreak havoc. And, Apple's first foldable phone is still on track to launch in September, despite reports of major manufacturing delays. (Source: Bloomberg)